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WHY
Why price

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About Why (WHY)
Learn more about Why (WHY)

Why choose Blum? The all-new hybrid trading platform on Telegram
Given the extremely crowded world of crypto where new projects emerge daily, Blum today certainly stands out as a beacon of innovation and accessibility in the mini-apps space. Designed as a fuss-free Telegram-integrated mini-app, Blum combines the best of DeFi with accessibility. Unfortunately, this strength can be hard to break down for non-Blum users and traders to truly grasp. That's where our handy guide comes in. This article delves into the reasons behind Blum’s growing popularity and examines how it stands out as a compelling alternative in the DeFi space.
17 Jan 2025|OKX|
Beginners

Crypto and rate hikes: why Fed meetings impact crypto prices
Known for its volatility and unpredictability, the crypto market can sometimes feel like a rollercoaster ride even for veteran crypto traders. Amid the ups and downs, there's one factor that often impacts said volatility and often flies under the radar: the U.S. Federal Reserve (also known as the 'Fed') and its interest rate decisions. As much as crypto enthusiasts will say crypto is detached from the realm of traditional finance (TradFi), what happens in these government meetings can technically have a sizable impact on the price of your favorite cryptocurrencies.
11 June 2024|OKX|
Intermediate

Crypto futures trading for beginners: why trade futures over spot?
Imagine this: you strongly believe Bitcoin's price will surge in the next few months. With spot trading , you'd buy Bitcoin directly and hold it until the price rises. However, what if you could make use of leverage to amplify your potential gains with a smaller upfront cost? Enter crypto futures — a form of derivatives that's equally beloved as it is feared by the crypto community. While it might sound intimidating for beginner crypto traders, crypto futures trading may be perfect for you if you're aware of the potential gains and risks that come with trading such crypto derivatives.
This crypto futures trading guide is designed for crypto-curious beginners like you, offering a high-level overview of crypto futures trading for beginners, its potential benefits and risks, and how it's different from spot trading.
20 May 2024|OKX|
Beginners

Crypto whales tracker: Why they matter and how you can track them
Have you ever heard of crypto whales? These titans of the crypto realm hold the power to make waves with their massive holdings, influencing the prices of specific digital assets. Like big players in traditional markets, these whales can cause a splash that ripples through the entire market.
25 Apr 2024|OKX
Why FAQ
What is cryptocurrency?
Cryptocurrencies, such as WHY, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as WHY have been created as well.
Can I buy WHY on OKX?
No, currently WHY is unavailable on OKX. To stay updated on when WHY becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of WHY fluctuate?
The price of WHY fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.
Monitor crypto prices on an exchange
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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