The crypto coin LUNA (now LUNA Classic) was valued at over $100 at its peak, and was one of the top 10 cryptocurrencies in early 2022. But by just May that year, it crashed spectacularly to about one hundredth of a cent, and caused a ripple effect that saw US$300 billion wiped off the value of all crypto.
This is the reality of the cryptocurrency market.
The primary sentiment of crypto was to fix the problems of traditional currencies and the financial system by taking the power away from a central authority to the user’s hands. But with the market crashes and volatility of crypto, this future remains to be seen.
Nevertheless, its impact can be felt in the financial world and digital environment, and with how widespread it is becoming, it may be time to at sit up and take notice.
In this course, you will:
- Understand what is a blockchain
- Understand different aspects of cryptocurrency
- Learn how to trade or invest in crypto, and
- Understand the regulations on cryptocurrencies in Singapore
Using a gamified concept, you will earn tokens when you correctly answer the knowledge checks, which you will need to use to unlock the next levels in the course. Travel through Crypto City where each area will bring you through what you should know about cryptocurrency, including how it uses cryptography, how group consensus works, the different strategies in crypto trading, how to create your own crypto token and so on.
This is a 1.5-hour course and is IBF FTS-accredited.