Crypto 101: Learn the Basics

Understand how cryptocurrency works, why it matters in Colombia, and how to trade safely.

🇨🇴 Why Crypto Matters in Colombia

Crypto offers an alternative to traditional banking, especially in regions affected by inflation and currency volatility. Platforms like Binance P2P allow Colombians to trade directly with each other, avoiding high fees and delays.

🔐 How to Get Started Safely

  • ✅ Create a wallet (Trust Wallet, MetaMask, Binance)
  • ✅ Verify your identity
  • ✅ Fund your account with COP or USDT
  • ✅ Start trading with confidence

Use trusted platforms and always enable two-factor authentication. Never share your seed phrase.

📈 Understanding Volatility

Crypto prices change rapidly. Learn to read candlestick charts and track trends using tools like TradingView or Binance charts. Bitcoin’s price is influenced by global demand, supply, and market sentiment.

💸 How to Earn with Crypto

  • 🎯 Join our Affiliate Program and earn commissions in USDT
  • 🔒 Stake coins to earn passive income
  • 🎁 Participate in airdrops and giveaways

🧾 Crypto Taxes in Colombia

DIAN requires crypto earnings to be declared. Trading profits, mining rewards, and staking income may be taxable. Use tools like CoinTracking or Koinly to simplify reporting.

🧠 Common Scams & How to Avoid Them

  • ❌ Avoid fake wallets and phishing links
  • ❌ Don’t fall for pump-and-dump schemes
  • ✅ Always verify URLs and use cold storage for large holdings

📚 Glossary of Key Terms

TermMeaning
BlockchainPublic ledger of crypto transactions
WalletTool to store and manage crypto
Gas FeesTransaction costs on Ethereum
StablecoinCrypto pegged to fiat (e.g., USDT)
NFTUnique digital asset on a blockchain

📌 Ready to Start?

Explore our tutorials or register now to earn with crypto.