Category: Blog-new

An educational guide for first-time users from Coinsdrom

If you’re starting with cryptocurrency, one of the first questions you’ll face is: Should I get Bitcoin or Ethereum? Both are widely used and trusted, but they serve slightly different purposes.

Here’s what you need to know — in clear, beginner-friendly terms. Explore this educational guide for first-time users from Coinsdrom.

Bitcoin: The Original and the Most Recognized

Bitcoin is the world’s first and most well-known cryptocurrency. It’s often seen as a digital equivalent of gold — a way to store value securely over time. It’s not designed for speed or complexity, but for reliability and security.

Bitcoin is ideal if:

• You are just starting using crypto
• You’re looking for something that’s widely accepted
• You’re not planning to use it for apps, payments, or blockchain interactions

Ethereum: The Most Used and Flexible

Ethereum (ETH), while younger, is far more versatile. It powers most of the decentralized apps you hear about — including NFTs, smart contracts, crypto-based games, and DeFi tools. Ethereum supports everyday transactions, not just long-term storage.

Here’s a key fact: as of July 2025, Ethereum handles over 1.4 million transactions per day, more than triple that of Bitcoin. This illustrates how frequently people utilize ETH for practical, everyday activities, not just holding it.

Ethereum is ideal if:

• You want to explore apps or tools powered by crypto
• You’re interested in faster transactions and lower fees
• You plan to use crypto for more than just saving

What’s Easier for Beginners?

While Bitcoin is simpler in concept, Ethereum offers more flexibility for first-time users. It’s easier to use in modern crypto services, and because of its fast-growing ecosystem, you’ll have more ways to apply it beyond just holding.

Still, both are strong options, and many new users eventually try both to determine which one fits them best.

How Coinsdrom Helps You Get Started

If you’re ready to join the crypto world, Coinsdrom offers a clear, compliant, and user-friendly way to begin. With Coinsdrom, you can:

• Buy Bitcoin or Ethereum using your credit card, wires or alternative payment method that is available on the platform
• Receive your crypto directly into a wallet you control — no storage on the platform
• Rely on a regulated exchange, operating within European compliance frameworks

There’s no need to navigate complicated tools or platforms. Coinsdrom is built for users like you — people who want a secure, structured way to enter the crypto space without unnecessary steps.

Final Thoughts

For beginners, Ethereum is often the more versatile starting point, thanks to its lower fees, faster transaction times, and wider usage in apps and digital services. However, Bitcoin remains the most established and recognizable name in the space, and it continues to play a significant role in any crypto journey.

Coinsdrom provides you with access to both in a manner that’s compliant, transparent, and beginner-friendly.

Ready to start? Explore your crypto options at coinsdrom.com and take your first step with clarity and confidence.

In 2025, concerns about crypto’s ecological footprint have moved from niche debates to central policy discussions. The spotlight is now on how energy-intensive activities—especially Bitcoin mining—compare to other industries, and how forward-looking platforms like Coinsdrom are contributing to a greener future.

Crypto Mining: Energy Use at a National Scale

• Bitcoin mining consumes more electricity annually than some mid-sized countries, up to ~170 TWh, comparable to Poland or Spain.
• It produces significant greenhouse gas emissions—around 35 million tonnes of CO₂ per Year, comparable to nations like Denmark or New Zealand.
• Beyond carbon, it generates large amounts of e-waste and water pollution, as ASIC mining gear is short-lived and cooling systems often strain water resources.

These figures put crypto’s environmental footprint into perspective: roughly comparable to that of small countries, significantly more per transaction than credit-card networks, and carrying both climate and local impacts (e.g., increased PM2.5 in communities near mining sites).

Comparing Industries: Crypto vs. AI vs. Shipping

• AI data centers are projected to use nearly half of all data center electricity by the end of 2025, even outpacing cryptocurrency.
• Shipping and aviation each produce ~3–4% of global GHGs—crypto mining adds roughly 0.5–1% of global CO₂ emissions by 2027.
• These sectors highlight that crypto isn’t alone—it’s part of a broader challenge requiring cleaner energy and regulation.

Global Response & Green Innovation

• Policymakers are exploring carbon pricing for mining, with ideas ranging from approximately $0.05–0.09/kWh, which could significantly reduce emissions.
• The EU and U.S. SEC are considering “carbon intensity scoring” to label crypto assets as “clean” or “dirty”.
• Mining bans—such as Kuwait’s on unregulated operations—can lower local energy demand by over 50% in a matter of days.

Meanwhile, proof-of-stake alternatives are gaining traction: Ethereum’s shift has cut its energy use by 99%.

Coinsdrom’s Eco-Conscious Approach

At Coinsdrom, we acknowledge these realities—and we’re taking tangible steps:

1. Promoting lower-impact assets: We emphasize access to Ethereum (Proof-of-Stake, PoS) and Bitcoin, while educating users on the environmental differences between them.
2. Transparent partner screening: We prioritize integrations with vendors and networks demonstrating renewable energy use and carbon-aware protocols.
3. Eco-friendly design philosophy: While we don’t mine, our platform supports sustainable crypto, empowering users to convert via credit card into assets with smaller carbon footprints.

Our mission is to offer secure, regulated crypto access and align it with the ecological transition happening across blockchain ecosystems.

Path Forward: Responsibility & Innovation

Crypto’s footprint is significant—but not irreversible. With carbon pricing, renewable energy, proof-of-stake adoption, and smarter regulation, the industry can decouple growth from environmental harm.

For individual users, choosing how to enter crypto matters. Platforms like Coinsdrom matter not just for compliance and ease, but for offering eco-aware pathways into digital assets.

Takeaway: Crypto’s environmental impact is real, but it’s part of a broader energy transformation narrative. By choosing eco-sensitive platforms like Coinsdrom, users can align their digital journey with the global shift toward sustainability. Let’s turn awareness into action.

Crypto airdrops are a popular topic in the blockchain world, but many newcomers don’t fully understand what they are — or what to expect from them. At Coinsdrom, a regulated crypto exchange supporting Bitcoin (BTC) and Ethereum (ETH), we see a lot of questions from users curious about airdrops and how they work.

What Is a Crypto Airdrop?

A crypto airdrop is a free distribution of tokens by a blockchain project. Developers use airdrops to:

• Promote a new token or platform.
• Reward early adopters or loyal community members.
• Encourage users to try out their ecosystem.

Airdrops can be received automatically if you meet specific criteria, such as holding a particular token or signing up for a project’s newsletter. Others may require participation in small tasks, like sharing posts on social media or registering on a project website.

How to Join an Airdrop

While airdrops sound simple, there are steps users should follow to participate safely:

1. Research the project: Only engage with reputable projects. Check official channels like the project’s website, verified social media accounts, or recognized crypto news outlets.
2. Understand the requirements: Some airdrops require a minimum token holding, wallet verification, or completing specific tasks.
3. Use a compatible wallet: Make sure your wallet supports the token you are claiming. Some airdrops are blockchain-specific.
4. Stay cautious of scams: Never share private keys or send crypto to claim an airdrop. Legitimate airdrops will not ask you to pay up front.

Are Airdrops Legitimate?

Not all airdrops are created equal. Many are legitimate marketing tools, but some can be fraudulent. Users should always verify the project before participating. Trusted sources include crypto news sites, official project announcements, and community forums where experienced users discuss verified airdrops.

Even when legitimate, airdrops are rarely a reliable source of crypto income. Most tokens distributed are small in value and may be illiquid or require waiting periods before they can be traded.

Airdrops vs. Regular Access to Crypto

If your goal is to obtain crypto for everyday use, airdrops are not a dependable solution. They serve as a bonus for users. For consistent access to Bitcoin or Ethereum, platforms like Coinsdrom provide a regulated, user-friendly way to buy and manage crypto. Unlike airdrops, Coinsdrom allows you to purchase BTC or ETH directly, with instant access and a simple interface — no tasks, no waiting, no uncertainty.

The Takeaway

Crypto airdrops can be a fun way to explore new projects and receive free tokens, but they should not be seen as a regular source of crypto.

For users who want consistent access to Bitcoin or Ethereum, Coinsdrom offers a straightforward and reliable solution, giving you control over your crypto holdings without relying on promotional distributions.

In a rare blockchain incident, Paxos accidentally minted $300 trillion worth of PayPal’s PYUSD stablecoin — six extra zeros more than intended — before quickly correcting the mistake. This extraordinary error illustrates a fundamental reality for all crypto users: most cryptocurrency transactions cannot be reversed once confirmed on the blockchain.

When Issuers Can Fix Mistakes — And Users Cannot

Paxos was able to burn the excess tokens and restore the correct $300 million supply because it controls the stablecoin contract. Ordinary users, however, do not have this power. If a person sends Bitcoin, Ethereum, or other crypto to the wrong address, or inputs the wrong amount, there is no technical way to cancel the transaction. Once confirmed on-chain, the transfer is final.

This distinction is critical. While issuers can intervene in exceptional circumstances, users alone cannot reverse errors. That makes accuracy in every crypto transaction essential.

Coinsdrom’s Perspective on Transaction Finality

Coinsdrom, a regulated crypto exchange supporting BTC and ETH, emphasizes that while platforms can facilitate transactions efficiently, the underlying blockchain enforces permanent settlement.

Users must double-check wallet addresses and amounts before sending any crypto.
Coinsdrom does not hold user balances, meaning it cannot cancel or reverse completed transfers.
Transactions that are confirmed on the blockchain are irreversible by design, even if a mistake occurs.

Why Crypto Users Should Take Extra Care

The Paxos incident is a reminder that mistakes in crypto are technically final for end-users. While issuers may fix internal errors, users are fully responsible for their transactions.

Always verify wallet addresses carefully.

Check transaction amounts multiple times.
Use platforms like Coinsdrom to ensure smooth processing, but understand that irreversibility is a core feature of blockchain.

The Takeaway

Blockchain’s trustless, decentralized system provides transparency and accountability — but also no safety net for user errors. Events like the $300 trillion PYUSD mishap highlight the critical importance of precision in sending digital assets.

Coinsdrom continues to provide a regulated, streamlined platform for BTC and ETH transfers, reminding users that while platforms can assist in processing, once a transaction is on-chain, it cannot be undone.