Achieving a $1000 daily profit in cryptocurrency trading is theoretically possible, but statistically improbable for the vast majority. It requires a sophisticated understanding of technical and fundamental analysis, exceptional risk management skills, and significant capital. High leverage can amplify gains but equally magnifies losses, potentially leading to liquidation rapidly. Successful day traders often employ strategies like arbitrage, scalping, or swing trading, each with its own set of complexities and inherent risks.
Market volatility is the single largest obstacle. Sudden price swings, often driven by news events, regulatory changes, or market manipulation, can wipe out profits in seconds. Furthermore, emotional discipline is crucial; fear and greed can lead to impulsive decisions resulting in significant losses. Sophisticated algorithms and high-frequency trading (HFT) firms dominate large portions of daily volume, making it challenging for individual traders to consistently outperform the market.
Tax implications are also substantial. Profits from cryptocurrency trading are generally taxed as capital gains, and accurate record-keeping is essential. The regulatory landscape is constantly evolving, adding another layer of complexity and risk. Thorough research and understanding of tax laws are imperative. Diversification across multiple cryptocurrencies and asset classes is crucial for mitigating risk, however this requires more capital.
Finally, security is paramount. Protecting your cryptocurrency holdings from hacks and scams is critical. Use reputable exchanges and secure wallets, and always be wary of phishing attempts and other online scams. The pursuit of a $1000 daily profit should never come at the expense of responsible risk management and security practices.
Can you make money creating your own cryptocurrency?
Creating your own cryptocurrency can be lucrative, but it’s far more complex than simply launching a token. Profitability hinges on several crucial factors, not just market speculation.
Significant Development Costs: You’ll need a skilled development team to build a robust, secure, and scalable blockchain. This involves significant upfront investment in coding, testing, auditing (essential for security and trust), and ongoing maintenance.
Marketing and Community Building: A successful cryptocurrency needs a strong community. This requires significant marketing efforts, potentially involving public relations, influencer marketing, and community management.
Utility and Adoption: The most successful cryptocurrencies solve a real-world problem or offer a unique value proposition. Without a clear utility, adoption will be limited, impacting value and potential profits. Consider:
- Decentralized Applications (dApps): Building a functional ecosystem around your cryptocurrency significantly increases its value.
- Real-world use cases: Integrating your cryptocurrency into existing systems or creating new ones provides tangible benefits and drives adoption.
Regulatory Compliance: Navigating the complex and evolving regulatory landscape is crucial. Failure to comply can result in hefty fines or legal action. Consult legal professionals specializing in cryptocurrency regulation.
Technological Challenges: Creating a secure and scalable blockchain is technically challenging. You’ll need to address issues like consensus mechanisms, transaction speeds, and energy efficiency. Poorly designed blockchains are vulnerable to attacks and can fail.
Risk Management: The cryptocurrency market is notoriously volatile. Be prepared for significant price swings and the possibility of losing your investment. Diversification is crucial, and never invest more than you can afford to lose.
Profit Models: Monetization strategies vary widely. They may include:
- Transaction fees: Charging fees for transactions on your blockchain.
- Staking rewards: Incentivizing users to hold and stake your cryptocurrency.
- Initial Coin Offering (ICO): Raising capital by selling your cryptocurrency tokens.
- Ecosystem growth: Profits derived from the growth and expansion of applications built upon your blockchain.
Successful examples demonstrate the potential, but also highlight the high barriers to entry and significant risks involved. Thorough planning, experienced leadership, and a strong technical foundation are paramount for success.
What crypto to buy for quick profit?
Dogecoin’s recent price action has attracted attention from traders seeking quick profits. Its inherent volatility provides ample opportunity for rapid gains, but equally, significant losses. This volatility stems largely from its highly liquid market, enabling swift buying and selling. This liquidity, however, is a double-edged sword; while offering quick entry and exit points, it also contributes to price swings driven by speculative trading and hype cycles.
Factors Contributing to Dogecoin’s Short-Term Appeal:
- High Volatility: Sharp price fluctuations create opportunities for substantial returns in short periods, but also increase risk substantially. A small market movement can translate into significant percentage gains or losses.
- Significant Liquidity: Dogecoin’s large trading volume ensures relatively easy buying and selling, reducing slippage and facilitating rapid transactions. This is crucial for short-term trading strategies.
- Social Media Influence & Hype Cycles: Dogecoin’s price is highly susceptible to social media trends and news cycles. Positive news or influential endorsements can trigger sharp price increases, while negative sentiment can lead to equally swift declines. This makes it a highly speculative asset.
Caveats: While Dogecoin’s characteristics make it appealing for short-term gains, it’s crucial to understand the inherent risks. The market is unpredictable, particularly for meme coins susceptible to hype. Investing in Dogecoin or any cryptocurrency for quick profit carries substantial risk of significant losses. Thorough due diligence and risk management are paramount. Consider diversifying your portfolio and only invest what you can afford to lose.
Alternatives for Short-Term Gains (Consider these alongside Dogecoin):
- Other Meme Coins: Similar to Dogecoin, other meme coins experience periods of high volatility and are driven by hype. However, this carries even greater risk.
- Layer-1 or Layer-2 Cryptocurrencies: While less volatile than meme coins, these can still experience price fluctuations that offer short-term opportunities, though generally less extreme than Dogecoin.
- DeFi Tokens: Decentralized finance (DeFi) tokens can experience periods of heightened volatility, particularly those related to newer protocols or emerging trends.
Disclaimer: This information is for educational purposes only and does not constitute financial advice. Conduct thorough research and consult with a financial advisor before making any investment decisions.
Which crypto can grow 100x?
Predicting a 100x return in any cryptocurrency is highly speculative and carries immense risk. While some projects show early promise, a 100x gain is exceptionally rare and depends on a confluence of factors rarely seen. That said, Solaxy, Bitcoin Bull, and MIND of Pepe are garnering attention, but their potential hinges on several critical elements.
Solaxy: Its success depends heavily on the adoption of its proposed solutions within its specific niche. Market sentiment and competitive pressures are crucial. Due diligence is paramount; research its whitepaper, team, and community engagement thoroughly.
Bitcoin Bull: Leveraged Bitcoin strategies are inherently risky. Understanding the mechanics of its leveraged positions and the potential for liquidation events is vital before investing. Its performance is tightly coupled to Bitcoin’s price volatility, magnifying both gains and losses.
MIND of Pepe: Meme coins rely on unpredictable viral trends and community hype. Their value proposition is often limited, and their price can plummet rapidly. While initial gains can be significant, long-term sustainability is rarely assured. Proceed with extreme caution.
Disclaimer: This is not financial advice. Thorough research and risk assessment are essential before investing in any cryptocurrency. The crypto market is highly volatile, and substantial losses are possible.
Which penny crypto has huge potential?
Identifying the “next big thing” in the penny cryptocurrency market is notoriously difficult, but several contenders consistently emerge in discussions. While past performance is not indicative of future results, analyzing current market capitalization and price can offer insights.
Here’s a comparison of some penny cryptos often cited for their potential:
- Shiba Inu (SHIB): Priced at $0.00001513 with a market capitalization of $8.95 billion, SHIB leverages the meme-coin phenomenon and has a large, active community. Its massive supply, however, presents a challenge to significant price appreciation. High volatility is to be expected.
- Dogecoin (DOGE): Trading around $0.1094 and boasting a market cap of $15.86 billion, DOGE is a more established meme-coin. Its wider recognition and adoption contribute to its relatively higher market standing. Nevertheless, it’s also subject to considerable price fluctuations.
- Tron (TRX): With a price of $0.1263 and a market capitalization of $11.02 billion, Tron positions itself as a decentralized entertainment platform. Its ecosystem and ongoing development efforts could drive future growth. The project’s success depends heavily on adoption and the viability of its platform.
- Telcoin (TEL): Currently priced at $0.002099 and holding a market capitalization of $187.19 million, TEL focuses on mobile payments and remittances. Its smaller market cap implies higher potential for growth but also greater risk. Its success hinges on its ability to penetrate the mobile financial services market.
Important Considerations:
- Risk Tolerance: Investing in penny cryptos is inherently risky. Price volatility can be extreme, and substantial losses are possible.
- Market Research: Thorough due diligence is crucial before investing in any cryptocurrency. Understand the project’s underlying technology, team, and market potential.
- Diversification: Diversifying your crypto portfolio across various assets can help mitigate risk.
- Regulatory Landscape: The regulatory environment for cryptocurrencies is constantly evolving. Stay informed about potential changes that could impact your investments.
Disclaimer: This information is for educational purposes only and is not financial advice. Always conduct your own research before making any investment decisions.
Can you realistically make money with crypto?
Yes, you can realistically make money with crypto, but it’s crucial to understand the inherent risks. The cryptocurrency market is incredibly volatile, meaning prices can swing dramatically in short periods. This volatility presents both opportunities for substantial profits and the potential for significant losses.
Trading is one common approach. This involves buying low and selling high, profiting from price fluctuations. However, successful trading requires extensive knowledge of technical and fundamental analysis, market trends, and risk management. Day trading, in particular, demands significant time commitment and expertise.
Staking and dividends offer a potentially less volatile path to earning. Many cryptocurrencies allow users to “stake” their coins to help secure the network. In return, they receive rewards – essentially dividends – in the form of newly minted cryptocurrency or transaction fees. The rewards vary depending on the specific cryptocurrency and the amount staked. This approach requires a longer-term outlook and less active participation than trading.
Masternodes are another option, though more technically demanding. Masternodes are special servers that help run a blockchain network, and operators are rewarded for maintaining them. This often involves higher upfront investment and ongoing technical maintenance, but the potential rewards can be substantial.
Important Considerations: Before investing in crypto, thoroughly research the specific cryptocurrency, understand its underlying technology, and assess the market conditions. Diversification, proper risk management, and a long-term investment strategy are vital to mitigate risk. Never invest more than you can afford to lose.
Further Research: Explore various investment strategies, learn about different types of cryptocurrencies (e.g., Bitcoin, Ethereum, stablecoins), and stay updated on the latest market trends and regulatory developments. Remember that past performance is not indicative of future results.
How much does it cost to build your own cryptocurrency?
The cost of building a cryptocurrency is highly variable and depends heavily on several factors. A basic cryptocurrency, with minimal features and relying on existing open-source frameworks, could be created for as little as $1,000 – $2,000. This low-end estimate assumes you’re comfortable with the technical aspects and have existing developer resources.
However, most projects require significantly more investment. A more robust and feature-rich cryptocurrency, including custom consensus mechanisms, sophisticated smart contract capabilities, advanced security features, and a dedicated development team, easily surpasses $5,000. Costs can quickly escalate to $50,000 or more for complex projects.
Key cost drivers include:
- Development Team Salaries: This is often the largest expense, with rates varying significantly based on location and experience.
- Auditing and Security: Professional security audits are crucial to identify and mitigate vulnerabilities, adding significant cost.
- Legal and Regulatory Compliance: Navigating the legal landscape surrounding cryptocurrencies can be complex and necessitate specialist legal counsel.
- Infrastructure Costs: Setting up and maintaining the necessary blockchain infrastructure, including nodes and servers, incurs ongoing costs.
- Marketing and Promotion: Successfully launching a cryptocurrency requires a well-defined marketing strategy, adding another expense.
Beyond the initial development costs, ongoing maintenance and updates are also necessary, involving ongoing expenses.
Consider these aspects before embarking on cryptocurrency development:
- Clearly Defined Scope: Precisely define the features and functionality required to avoid scope creep and cost overruns.
- Technology Selection: Choose appropriate blockchain technology and programming languages carefully.
- Experienced Team: Partnering with experienced blockchain developers is essential for a successful project.
- Realistic Budget: Develop a comprehensive budget that encompasses all potential costs.
Which cryptocurrency can give 1000x returns?
No one can reliably predict a 1000x return in crypto. That’s incredibly risky and highly speculative. However, if you’re looking at *potential* high-growth projects (remember, high risk!), some names being thrown around for 2024-2025 include:
- Solaxy (Launch Date: 2024): This one is supposedly launching soon. Do your *extensive* research before investing. Purchase methods listed are ETH, USDT, BNB, and Card. Remember to check its whitepaper and audit reports for legitimacy. Be wary of new projects; many fail.
- BTC Bull Token (Launch Date: 2025): Another one for the long-term, high-risk bucket. Purchase via ETH, USDT, BNB, and Card. Be mindful of the name – it heavily implies Bitcoin correlation, something to verify independently.
- MIND of Pepe (Launch Date: 2025): A meme coin, so expect extreme volatility. It’s playing on the Pepe meme popularity. ETH, USDT, BNB, and Card are the listed purchase options. Treat this as pure speculation – meme coins are notorious for their pump-and-dump cycles.
- Best Wallet Token (Launch Date: 2024): This token claims to be related to a wallet, which could give it some utility, but again, thorough due diligence is a MUST. Purchase methods are BTC, ETH, BNB, Solana, and Card. Look into the actual wallet’s security and user base before considering this token.
Important Considerations:
- DYOR (Do Your Own Research): This is paramount. Never invest in anything without thoroughly researching the project, team, technology, and market conditions.
- Risk Management: Only invest what you can afford to lose. 1000x returns are extremely rare, and the likelihood of losing your entire investment is very high.
- Diversification: Don’t put all your eggs in one basket. Spread your investments across multiple projects to mitigate risk.
- Scams are prevalent: Be extremely cautious of new projects promising unrealistic returns. Many are scams designed to take your money.
What 3 cent crypto coin is partnering with Amazon?
The rumor mill has been churning, and it’s finally been confirmed: WAXP, a 3-cent cryptocurrency, has partnered with Amazon Prime Gaming. This announcement, made just three days ago, has sent ripples through the crypto community.
WAXP, the native token of the WAX blockchain, is focused on NFTs and gaming. This partnership with Amazon Prime Gaming signifies a significant step towards mainstream adoption of blockchain technology and NFTs. Amazon Prime members will likely receive WAXP tokens or NFT drops through the platform, potentially introducing millions of new users to the world of digital assets.
What does this mean for WAXP? The short-term price increase is expected, given the heightened attention and potential influx of new holders. However, long-term success depends on the continued growth and utility of the WAX blockchain and its NFT ecosystem. This partnership offers significant potential for increased user adoption and a broader range of NFT applications beyond the current landscape.
Amazon’s involvement also highlights the growing acceptance of blockchain technology by major corporations. This signals a shift towards broader integration of crypto and NFTs into established platforms and the everyday user experience. The specifics of the partnership remain to be seen, but it’s undoubtedly a catalyst for future collaborations between major companies and the blockchain space.
Investing in WAXP, or any cryptocurrency, carries inherent risks. It’s crucial to conduct your own research and understand the market volatility before making any investment decisions. This partnership, however, presents a compelling case for WAXP’s potential for growth.
Which crypto will grow 1,000 times?
While no one can predict a 1000x return with certainty, Solana (SOL) frequently appears in discussions about high-growth potential. Its billing as an “Ethereum killer” stems from its ambition to surpass Ethereum’s capabilities, offering significantly faster transaction speeds and lower fees. This is achieved through its unique Proof-of-History consensus mechanism, a departure from Ethereum’s energy-intensive Proof-of-Work. However, it’s crucial to note that Solana’s network has experienced outages in the past, highlighting the inherent risks in a still-developing technology.
Ethereum’s success in establishing smart contracts, DeFi, and NFTs has undeniably set a high bar. Solana aims to replicate and improve upon this ecosystem, attracting developers and users with its superior performance metrics. Consider the potential for growth within Solana’s burgeoning NFT market and the innovative DeFi applications built on its blockchain. However, investing in Solana, or any cryptocurrency, involves substantial risk. The crypto market is notoriously volatile, and a 1000x gain is exceptionally unlikely even for the most promising projects.
Before investing, conduct thorough due diligence. Research Solana’s technology, understand its limitations, and carefully assess the overall market conditions. Diversification across various asset classes is crucial for mitigating risk. Past performance is not indicative of future results. Never invest more than you can afford to lose.
How much money do you need to start a crypto exchange?
Building a crypto exchange? Think bigger than just the initial outlay. The oft-quoted $200,000 – $600,000 figure is a gross underestimate for anything beyond a bare-bones operation. That’s just the development cost.
Consider these hidden costs:
- Legal and compliance: This is HUGE. Expect significant legal fees to navigate KYC/AML regulations, licensing, and ongoing compliance audits. Budget at least six figures, possibly more, depending on your jurisdiction. Don’t cut corners here – it’s a liability minefield.
- Security: This isn’t an optional extra. Robust security infrastructure to prevent hacks and protect user funds is paramount. Think penetration testing, multi-signature wallets, cold storage solutions, and insurance. Factor in ongoing maintenance and upgrades.
- Marketing and user acquisition: Getting users is the real challenge. Prepare for hefty marketing spend, potentially millions depending on your target audience and competitive landscape. Organic growth is a marathon, not a sprint.
- Liquidity: A thin order book kills an exchange. You need to attract market makers and ensure sufficient liquidity, potentially requiring significant capital reserves or partnerships.
- Ongoing operational costs: Servers, staff (developers, support, compliance officers), transaction fees, and other operational expenses will continuously drain resources.
So, realistically? You’re looking at a minimum of $1 million, and a much higher figure for a feature-rich exchange aiming for serious market share. Factor in ongoing costs for years, not just the initial development. Think long-term, sustainable growth, not just a quick buck.
Don’t forget:
- Thorough due diligence on technology providers.
- A strong business plan with realistic projections.
- A dedicated and experienced team.
What crypto will make you millionaire by 2030?
Predicting the future of cryptocurrency is inherently speculative, but analyzing current trends can offer insightful possibilities. Several cryptocurrencies possess the potential for significant growth by 2030, driven by increasing adoption and institutional investment.
Bitcoin (BTC), often dubbed “digital gold,” holds a strong position. Its established market dominance and scarcity make it a compelling store of value. If Bitcoin achieves widespread acceptance as a global reserve asset, a price surge to $500,000 or even $1 million by 2030 isn’t unrealistic. This would require sustained institutional investment and continued global adoption, overcoming regulatory hurdles and technological challenges.
Ethereum (ETH) occupies a unique space as the leading platform for decentralized finance (DeFi) and smart contracts. The explosive growth of the DeFi ecosystem, combined with Ethereum’s role in enabling a wide array of decentralized applications (dApps), significantly impacts its potential. Ethereum’s ongoing upgrades, such as the transition to proof-of-stake (PoS), aim to enhance scalability and efficiency, further fueling its potential for future growth. However, competition from other smart contract platforms is a factor to consider.
Factors influencing cryptocurrency prices include:
- Global macroeconomic conditions: Inflation, economic uncertainty, and geopolitical events can significantly impact investor sentiment and cryptocurrency prices.
- Regulatory landscape: Clearer and more favorable regulations can boost adoption, while restrictive measures can hinder growth.
- Technological advancements: Innovations in scaling solutions, improved security, and new use cases can drive demand and price appreciation.
- Adoption rate: Wider acceptance among individuals and institutions is crucial for sustained growth.
It’s important to remember that investing in cryptocurrencies carries significant risk. Market volatility is a defining characteristic, and substantial price fluctuations are common. Thorough research and a diversified investment strategy are crucial before making any decisions.
While Bitcoin and Ethereum are prominent contenders, other cryptocurrencies could also experience significant growth. However, the potential for substantial returns in crypto comes with equally significant risks. It is crucial to conduct thorough research and understand the technology and market dynamics before investing.
What crypto will skyrocket in 2025?
Predicting specific cryptocurrency performance is inherently speculative and unreliable. Past performance (like the YTD data shown for Mantra, XRP, Monero, and Cardano) is not indicative of future results. Market conditions, technological advancements, regulatory changes, and unforeseen events can drastically alter a cryptocurrency’s trajectory.
Mantra’s 92.71% YTD return is exceptionally high and likely unsustainable in the long term. Such dramatic gains often involve high risk and volatility. XRP’s performance is tied to the ongoing legal battle with the SEC, which significantly impacts its price. Monero’s privacy-focused nature may appeal to certain investors, but it also carries regulatory risks. Cardano’s performance hinges on its network development and adoption rate, which remain subject to competition and market sentiment.
Instead of focusing on specific coins predicted to “skyrocket,” consider diversifying your portfolio across various asset classes and thoroughly researching projects based on fundamentals: technology, team, community, adoption, and market potential, rather than relying solely on past performance or speculative predictions.
Remember that any investment in cryptocurrency carries significant risk, and potential losses can be substantial. Never invest more than you can afford to lose.
Can you make $100 a day with crypto?
Making $100 a day consistently in crypto is achievable, but requires skill, discipline, and risk management, not luck. It’s not a get-rich-quick scheme.
Essential Strategies:
- Technical Analysis Mastery: Learn to identify support and resistance levels, chart patterns (head and shoulders, flags, triangles), and utilize indicators (RSI, MACD, moving averages) to predict price movements. Backtesting your strategies on historical data is crucial.
- Fundamental Analysis: Understand the underlying technology, team, and market adoption of projects before investing. News, partnerships, and regulatory changes significantly impact crypto prices.
- Risk Management: Never invest more than you can afford to lose. Utilize stop-loss orders to limit potential losses on each trade. Diversification across multiple assets reduces risk.
- Trading Psychology: Emotional trading leads to poor decisions. Develop a robust trading plan and stick to it, avoiding impulsive trades based on fear or greed. Journal your trades to track performance and identify areas for improvement.
Advanced Techniques (for experienced traders):
- Arbitrage: Exploit price discrepancies between different exchanges.
- Scalping: Making quick profits from small price fluctuations.
- Swing Trading: Holding positions for a few days to weeks, capitalizing on short-term trends.
- Leveraged Trading (high risk): Amplifying gains (and losses) using borrowed funds. Requires expertise and careful risk management.
Important Considerations:
- Market Volatility: Crypto markets are highly volatile. Be prepared for significant price swings.
- Transaction Fees: Factor in trading fees and network fees when calculating profits.
- Taxes: Understand the tax implications of your crypto trading activities in your jurisdiction.
Disclaimer: Cryptocurrency trading involves substantial risk and may result in significant losses. The information provided is for educational purposes only and does not constitute financial advice.
Can you really become a millionaire from crypto?
It’s possible to become a crypto millionaire, but it’s not easy. A recent report shows there are already 172,300 crypto millionaires globally – a huge jump of 95% in just one year! This means more people are making serious money from crypto, mostly by buying and holding.
However, this doesn’t mean it’s guaranteed. The crypto market is extremely volatile. Prices can swing wildly up and down, meaning you can lose a lot of money quickly. It’s crucial to understand the risks involved before investing. Don’t invest more than you can afford to lose.
Many successful crypto investors diversified their portfolio, meaning they invested in various cryptocurrencies instead of just one. This helps mitigate risk. They also did thorough research before investing, understanding the technology behind different cryptocurrencies and the potential risks and rewards.
Timing is also a significant factor. Buying low and selling high is essential, but predicting market movements is incredibly challenging. Many successful crypto investors employed strategies like dollar-cost averaging (investing smaller amounts regularly) to reduce the impact of volatility.
Remember, becoming a millionaire through crypto involves significant risk and requires in-depth knowledge, careful planning, and a lot of patience. It’s not a get-rich-quick scheme.
What crypto will make me a millionaire by 2030?
Predicting the future of crypto is inherently risky, but let’s look at some strong contenders. Bitcoin, reaching a $500,000 – $1,000,000 valuation by 2030, is certainly within the realm of possibility. This hinges on its increasing adoption as a global store of value – essentially, digital gold. Its scarcity, proven track record, and growing institutional acceptance strongly support this potential.
Beyond Bitcoin: Ethereum’s potential is equally compelling, albeit via a different route. It’s the backbone of the burgeoning DeFi ecosystem and the dominant platform for smart contracts. The explosive growth in DeFi applications and the increasing utility of Ethereum’s blockchain position it for significant price appreciation. Consider this:
- DeFi’s growth trajectory: The total value locked (TVL) in DeFi continues to climb, suggesting sustained demand for Ethereum.
- Ethereum 2.0: The shift to proof-of-stake should enhance scalability and efficiency, further boosting its appeal.
- NFT ecosystem: Ethereum’s dominance in the NFT space adds another layer of value and potential growth.
Diversification is key: While Bitcoin and Ethereum offer significant upside, a diversified portfolio encompassing promising altcoins with strong fundamentals and use cases is crucial. Thorough research and risk management remain paramount. Don’t put all your eggs in one basket.
Disclaimer: This is not financial advice. Cryptocurrency investments are highly volatile and carry substantial risk of loss.
Which crypto is Amazon using?
Amazon uses several cryptocurrencies through its Amazon Managed Blockchain service. This isn’t Amazon directly using crypto for payments, but rather offering tools to build blockchain applications.
Currently supported are: Ethereum (a popular platform for decentralized applications or “dApps”), Polygon (a scaling solution that makes Ethereum transactions faster and cheaper), Bitcoin (the original and most well-known cryptocurrency), and Hyperledger Fabric (a permissioned blockchain, meaning access is controlled, often used for enterprise solutions).
Think of it like this: Amazon provides the tools (the blockchain platforms), but doesn’t itself buy or sell these cryptocurrencies as a business.
You can find more details on each blockchain supported by Amazon Managed Blockchain by searching for “AMB Access” and “AMB Query” online. These likely refer to Amazon’s internal documentation and tools for developers.
