We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode What is Shibarium? Everything you need to know about and why you should care

What is Shibarium? Everything you need to know about and why you should care

2024/2/15
logo of podcast How To Trade It: Trader Insight from Profitable Traders

How To Trade It: Trader Insight from Profitable Traders

AI Chapters
Chapters

Shownotes Transcript

Summary

In this episode, Casey Stubbs introduces Shibarium, a layer 2 blockchain built on the Ethereum network. He explains the benefits of Shibarium, such as faster and cheaper transactions compared to the Ethereum network. Casey shares his experience with Shibarium, including trading, investing in tokens, and participating in token launches. He also discusses the opportunities in Shibarium, such as decentralized exchanges, staking, and earning rewards through NFTs.Casey emphasizes the importance of caution and research in the crypto space due to the risk of scams. He concludes by highlighting the potential of Shibarium and its Web3 capabilities for privacy.

Takeaways

  • Shibarium is a layer 2 blockchain built on the Ethereum network, offering faster and cheaper transactions compared to Ethereum.
  • Opportunities in Shibarium include trading, investing in tokens, participating in token launches, and earning rewards through staking and NFTs.
  • Caution and research are essential in crypto to avoid scams and protect investments.
  • Shibarium has the potential to grow significantly, with its Web3 capabilities providing privacy and accessibility.

Chapters

00:00Introduction to Shibarium

01:00Shibarium as a Layer 2 Blockchain

02:26Personal Experience with Shibarium

04:00Opportunities in Shibarium

06:25Decentralized Exchanges in Shibarium

07:51Staking and Earning Rewards in Shibarium

09:20NFTs in Shibarium

12:05Token Launches and Telegram Groups in Shibarium

13:43Risks and Caution in Crypto

14:40The Potential of Shibarium

16:08Web3 and Privacy in Shibarium

17:34Conclusion and Recommendation

Support the show)

Connect with Casey: