In the world of finance and investment, knowledge is a powerful tool. Given the growing popularity of cryptocurrencies in the modern world, there is an urgent need to increase crypto literacy, as this industry has many nuances that everyone who wants to dive into this world should know. Today, there are many educational resources that provide the necessary knowledge to everyone who needs it. So, how and where you can learn all the intricacies of the market and trading is the topic of today’s article.
Development of the Educational Aspect in the Industry
Despite the fact that the popularity of digital assets is growing every year, a large number of people still have a limited understanding of what cryptocurrency is and how it works. Educational programmes, courses, or even conferences can provide newcomers to the industry with the necessary knowledge, which will further contribute to the wider acceptance of cryptocurrencies. In addition, education plays a very important role in fraud prevention. After all, users who know how to protect their assets and are able to recognise risks are less vulnerable to becoming victims of fraud.
The following educational resources contribute to the development of the educational aspect of the industry:
Universities: While a few years ago, the existence of educational blockchain programmes at universities might have been surprising, today it is a common practice among the world’s leading universities. In particular, the University of Nicosia, Massachusetts Institute of Technology, Cambridge University, and others are actively promoting the training of specialists in the industry.
Educational platforms and courses: There are many educational platforms and courses dedicated to cryptocurrencies and blockchain technologies. These include: Coursera, Udemy, and other platforms; educational resources or academies from cryptocurrency exchanges such as OKX, Coinbase, WhiteBIT, etc.; trading courses such as Cryptology, Bikotrading, Ava Academy.
YouTube-channels: YouTube has become one of the most accessible and popular sources of information where users can find useful resources to learn the basics of cryptocurrencies and trading. Some of the popular channels are: Coin Bureau, BitBoy Crypto v2, Altcoin Daily, etc.
Conferences and hackathons: The organisation of such events on cryptocurrencies and blockchain technologies facilitates the exchange of knowledge and experience between experts and beginners. At such events as TOKEN2049 and Paris Blockchain Week, participants can get new information about trends and innovations in the industry, as well as ask questions to leading experts.
Top 5 Courses for Those Who Want to Understand Crypto and Trading
Cryptocurrencies and trading are becoming increasingly popular, and more and more people are looking to explore this area. Whether you are a beginner or already have some experience, courses can help you gain the knowledge and skills you need to succeed. Whether you’re looking for a course to help you get started or to deepen your knowledge, this list will be of great help.
Cryptology
Cryptology is an educational platform that offers a variety of courses and programmes for learning about cryptocurrencies, blockchain technologies and trading. The courses are aimed at both beginners and experienced traders.
In particular, the platform offers 4 forms of training:
Online school — 12 weeks of training for those who want to master the profession of a trader and learn how to convert knowledge into results. Here, users can learn how to analyse charts, create their own trading strategy, and get all the necessary tools for work, consolidating theory with practice. The course programme includes video tutorials, methodological materials, online broadcasts, homework checks, and communication with mentors. In addition to full homework, students will also take tests to better consolidate their knowledge.
The course has 4 levels of difficulty:
Beginner — lasts 4 weeks and contains 21 modules. The package includes 17 streams and consulting QA sessions to consolidate the material covered, 3 backtest sessions with the analysis of transactions of participants and mentors. The programme consists of 4 blocks: “Introduction and Basics”, “Market Structure and Analysis”, “Technical Analysis and Strategies”, “Tools and Concluding Topics”.
Advanced — lasts 8 weeks and includes 36 modules. The package includes 32 streams and consulting QA sessions to consolidate the material covered, as well as 7 backtest sessions with analysis of trades by participants and mentors. The programme covers all the content of the Beginner course, as well as 3 more modules, namely “Order Flow and Technical Analysis”, “Algorithms and Market Analysis”, “Trade Setups and Backtest”.
Proficiency — lasts 12 weeks and includes 50 modules. The programme includes 45 streams and consulting QA sessions to consolidate the material covered, as well as 11 backtest sessions with the analysis of trades by participants and mentors. The programme includes materials from previous courses, as well as 3 other blocks. In particular, “Tools and Analytics”, “Fundamental Analysis and Markets”, and “Course Completion and Backtest”.
Supercharged is completely identical to the Proficiency programme, but there are some differences. Namely, classes are held online in small groups of up to 10 people, there are twice as many streams, as well as two individual consulting QA sessions with a supervisor.
Offline school — this course also lasts for 12 weeks, but is distinguished by the possibility of direct contact with traders, the author’s programme, and classes in the office with like-minded people. It is also suitable only for those who are based in Kyiv. The offline course is taught by 7 active traders who pass on their knowledge and skills to students. The programme consists of 45 modules divided into 8 blocks: “Basic of Financial Market”, “Technical Analysis and Trading Strategies”, “Market Analysis”, “Trading Strategies”, “Trading System”, “Backtest Sessions”, “Indices”, and “Digital Asset Market”.
Mentorship involves individual lessons with a mentor of your choice, who will help you go from zero to stable results by adopting the experience and skills of practicing traders. Classes are held twice a week, but the schedule is individual. Students have the opportunity to receive feedback from the trader of their choice even after the course is over.
Workshop is a continuation of the main course, namely the advanced training course, where traders get enough practice and real trading experience to improve their results and skills. During the 8 weeks, participants can gain experience in 4 different markets (Crypto, Forex, Stock market, Gold/UKoil), study in detail the trading strategies of 6 traders and 50 hours of backtests.
In addition, Cryptology also has its own closed communities on Discord where users can trade together, share experiences and improve their knowledge. These include.
Intro — a server for the trading community
Retro & Nodes — for the crypto community.
Furthermore, they offer a free trading course developed with the support of the WhiteBIT crypto exchange. The programme consists of 11 modules — 5 theoretical and 6 practical lessons. Each lesson lasts from 15 to 30 minutes, during which experienced traders talk about trading rules, exchange functionality, features of financial markets, transactional operations, risk management, strategies, and the history of trading in general. The programme also focuses on providing relevant skills for working in the crypto market.
Crypto Literacy Course on the Diia.Osvita Platform
“Crypto Literacy and Blockchain Education Project” is a programme developed by the Ministry of Digital Transformation of Ukraine in partnership with the WhiteBIT crypto exchange to introduce Ukrainians to blockchain technologies. The project consists of 100 hours of theory and practice, where you can learn more about blockchain, cryptocurrencies, crypto wallets, trading, and much more. The course is available in two languages: Ukrainian and English.
The programme includes videos, articles, and practical exercises developed by experts from various projects ranging from a cryptocurrency exchange to a decentralised autonomous organisation. In addition, the programme partners have prepared additional materials for those who want to learn more.
The programme consists of 4 modules:
The first one is dedicated to the basic concepts of crypto literacy: blockchain, bitcoin, mining, types of cryptocurrencies, tokens and smart contracts.
The second module will teach you how to work with cryptocurrency wallets, OTC trading, deposits, multi-signatures, analyse risks, and build a trading strategy.
The third module explains what decentralised autonomous organisations are, how to use them, and how to create your own organisation. The module also teaches how to create NFTs, avoid fraud, and manage assets.
The fourth module covers blockchain solutions for developers, the risks of cryptocurrency theft, the most common fraud schemes, methods of countering them, and where to go in case of cryptocurrency theft.
OKX Academy
OKX Academy is an educational initiative from OKX crypto exchange aimed at providing educational materials about blockchain, cryptocurrencies and Web3. The platform offers educational materials suitable for both beginners and more advanced users.
Topics include: guides for beginners, including basic information about blockchain, Bitcoin and how to start trading; information on more complex trading strategies, technical analysis, margin and futures trading for experienced traders looking to improve their skills; in-depth articles on DeFi, smart contracts and other decentralised applications (dApps), how these technologies work and their impact on the wider financial ecosystem; and much more.
Bikotrading Academy
Bikotrading Academy is a training platform focused on cryptocurrency trading and investing. The course is suitable for both beginners and experienced traders.
The Order Flow course consists of 25 online lessons divided into three stages:
The Basic stage covers the basics of the crypto market, fundamental and technical analysis, and risk management;
The Pro stage covers the influence of major players, market liquidity and trend trading strategies;
The practical stage is devoted to the study of trading sentiment, strategies for the market in the Range mode and order flow trading during the breakout of price levels.
The academy also has its own closed community of crypto traders, where users can study real-life examples of trades with explanations, receive daily market analysis, and join online meetings with traders.
Participants can choose from 3 training packages:
Basic — access to a closed club for 90 days, (Live) meetings with a professional trader, live futures scalping: Buy & Sell positions, S-L, TP, BTC movement forecast, local strategic plan for gaining popularity of coins, on-demand coin analysis, Big Size bot, chat for communication with the Bikotrading team, mentor support during your stay, 1 strategic meeting with a mentor (one-on-one)
Optimal — includes, in addition to the basic set, access to online lessons.
Maximum — in addition to the content of the previous packages, users also have the opportunity to develop a personal trading strategy and 3 lessons with a trader-analyst.
The training for beginners is divided into 4 parts:
The first is «Essentials», where students learn what trading is, where to start, and the difference between spot and futures trading.
The second, «Analysis», explains how to choose a platform based on important factors, the most popular trading methods, and compares their features
The third — «Most Important Tools» — explains the important tools that help create the basis for developing personal strategies and exclusive instruments.
The fourth section, «Active Trading», tells about promising projects, shares tips on choosing assets for investment, and explains how to turn trading into passive income.
Ava Academy
Ava Academy is AvaTrade’s educational platform designed to provide free online trading courses for traders of all experience levels. The Academy has over 200 lessons and tests, allowing users to interact with the material and test their knowledge as they progress through the courses. Courses can be accessed anytime and from anywhere, allowing students to learn at their own pace. In addition, the platform is compatible with a variety of devices, making it easy to move from desktop to mobile learning
The platform covers a wide range of topics, including:
Forex Trading Courses
Stock Market Trading Courses
Commodities Trading Courses
Indices Trading Courses
Cryptocurrency Trading Courses
ETF Trading Courses
Bonds Trading Courses
The courses include a combination of articles, videos and tests to enhance the learning process. Upon completion of the course, students can apply the skills they have learnt on a live trading simulator, allowing them to practice trading strategies in a risk-free environment.
Conclusion
Today, cryptocurrencies have become an important element of modern finance. However, it is quite difficult to succeed in this industry without the necessary knowledge. No matter what stage you are at — whether you are a beginner or an experienced user — access to high-quality educational resources opens up new opportunities. Try to start your journey to crypto literacy today, and remember: every great success starts with the first step.
Originally published at https://cryptoxtimes.com/ on October 18, 2024