Cryptocurrency Explained for Beginners

Cryptocurrency and crypto currencies without the jargon: what a stablecoin really is, what happens when you press buy on an exchange, and why Bitcoin halves every four years. Short guides you can finish on a coffee break.

Crypto profit calculator

How it works

Profit or loss

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Which markets are open now

Your time: –

Crypto never closes, but the markets that move it do. Status is calculated in your browser from each venue's regular hours; holidays are not included.

MarketNowRegular hours (local time)Guide

CryptoBTC, ETH and USDT pairs–24 hours a day, 7 days a weekCrypto guide

ForexEUR/USD, USD/JPY–Sunday 17:00 to Friday 17:00, New YorkForex guide

New York stocksNYSE, Nasdaq–Monday to Friday 09:30 to 16:00, New YorkStock guide

Hong Kong stocksHong Kong Exchanges–Monday to Friday 09:30 to 12:00 and 13:00 to 16:00, Hong KongMarkets

Tokyo stocksTokyo Stock Exchange–Monday to Friday 09:00 to 11:30 and 12:30 to 15:30, TokyoMarkets

London stocksLondon Stock Exchange–Monday to Friday 08:00 to 16:30, LondonMarkets

Start with the three things everyone gets asked

If a friend has just told you to "put some money in crypto", these answer the first questions worth asking.

Professional forex trader at a multi monitor desk viewing currency charts seen from behind

What am I actually buying?

Coins, tokens and stablecoins are different things with different risks.

Glowing LED stock ticker tape with abstract symbols scrolling across a building

Is USDT the same as a dollar?

No. Here is what backs it, what can go wrong and which network to use.

Trader wearing a VR headset surrounded by holographic crypto charts

How do I avoid scams?

Fake apps, poisoned addresses and "recovery" services, and how to spot them.

Free tools

Every calculator runs on your device and shows its formula.

Crypto profitSee what a trade really made after the fee on both sides.proceeds − amount invested Pip valueMoving from crypto to forex? Find what one pip is worth.lots × units × pip size Position sizeSize a trade from the amount you are willing to lose.risk $ ÷ (stop × pip value)MarginCheck how much collateral a leveraged position ties up.position value ÷ leverage

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About TyrexCoin

TyrexCoin is an independent information site. We explain how crypto, stablecoins and exchanges work; we are not an exchange ourselves. There is no account to open here, nothing to deposit and nothing to trade, and no one from TyrexCoin will ever message you about an investment.

Read who we are, how we research and our disclaimer.