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Explained

Explained

The In Plain English library: jargon-free explainers of the concepts and headlines that confuse newcomers. Start with a quick answer, then go deeper if you want to.

27 articles
Explained 2 min read

Why Do Exchanges Ask for Your ID?

In plain English It is normal and expected on any regulated platform. Refusing to provide it usually means being unable to withdraw.

Explained 2 min read

What Is a Rug Pull?

In plain English It is one of the most common ways money disappears in crypto, and it is usually legal-looking right up until it happens.

Explained 2 min read

What Is DeFi (Decentralized Finance)?

In plain English You can, in principle, lend, borrow, or trade crypto through software running on a blockchain rather than through a bank or brokerage. …

Explained 2 min read

Is Dogecoin a Scam?

In plain English Dogecoin is not a scam in the sense of being fraudulent or designed to steal from holders — it is a real, long-running, openly-traded cryptocurrency. …

Explained 2 min read

What Happens During a Network Upgrade

In plain English If you hold or use Ethereum, this kind of upgrade generally happens in the background — no action is required from ordinary holders, and funds are not affected. …

Explained 2 min read

What a Volatile Week in Crypto Actually Looks Like

In plain English If you are holding crypto, this kind of week can feel alarming to watch, especially if it is your first time experiencing it. It is also, by crypto's own historical standards, fairly ordinary.

Explained 2 min read

How Stablecoin Reserve Rules Work

In plain English If you hold or use stablecoins, this kind of rule generally increases the odds that the reserves backing them are real, verifiable, and properly reported — it does not immediately change how you use them day to day.

Explained 2 min read

What Bitcoin Hash Rate Measures

In plain English This is a technical, background metric rather than something that changes anything about how you use or hold Bitcoin. …

Explained 2 min read

What Exchange Listings Actually Mean

In plain English A listing on a larger, more reputable exchange generally makes a token easier to buy and sell, and can bring a wave of new attention and trading activity. …