❓ Frequently Asked Questions
Answers to the most common questions about cryptocurrencies and our tools
General Questions
cryvix is a comprehensive educational platform for cryptocurrencies. We provide analytical tools, live prices, educational articles, and an AI assistant to help you understand the crypto world. We do not provide investment advice.
Yes, all tools and educational content on cryvix are completely free. You can use the profit calculator, currency converter, fear & greed index, and all other tools without any fees.
No, cryvix is an educational platform only. All information and tools available are for educational and informational purposes. We do not provide investment advice or recommendations to buy or sell any cryptocurrency. You should consult a licensed financial advisor before making any investment decisions.
Cryptocurrencies
Cryptocurrencies are virtual currencies that use cryptography to secure transactions. They operate on decentralized blockchain technology, meaning they are not controlled by any government or central bank. Bitcoin is the first and most famous cryptocurrency, created in 2009.
Bitcoin is a digital currency primarily used as a store of value and payment method. Ethereum is a platform for smart contracts and decentralized applications (dApps), and its currency ETH is used to power these applications. Bitcoin is older and more stable, while Ethereum is more versatile in terms of use cases.
Investing in cryptocurrencies involves very high risks. Prices are highly volatile and you may lose all your invested money. You should only invest what you can afford to lose, do your own research, and consult a licensed financial advisor.
Tools
The profit calculator is easy to use: enter the buy price, sell price, and quantity. The tool will automatically calculate the profit or loss in dollars and percentage. This tool is for educational purposes only and does not account for fees or taxes.
The Fear & Greed Index is a metric that analyzes market sentiment from 0 (extreme fear) to 100 (extreme greed). It is based on several factors such as volatility, trading volume, social media, and surveys. It is used as an educational tool to understand market psychology.
We get price data from reliable APIs such as CoinGecko and CoinCap. Prices are updated periodically, but there may be a slight delay. For actual trading, you should verify prices directly from the trading platform.
Account
No, you can use most tools and content without registration. Creating an account allows you to save your preferences and access additional features like saving favorite calculations.
Use a strong and unique password, do not share it with anyone, and make sure to log out when using public devices. We use strong encryption to protect your data.