What is a cryptocurrency exchange?

A cryptocurrency exchange is a platform that allows users to buy, sell, and trade cryptocurrencies. It acts as an intermediary that matches buyers and sellers and facilitates the exchange of cryptocurrencies for traditional fiat currencies or other cryptocurrencies.

What happens if you diversify your share portfolio?

Diversification means spreading investments to reduce risk. It is often said, "Invest in different shares that will react differently to the same event." This is because by diversifying your share portfolio you reduce risk.

Are there any tax implications associated with investing in ASX dividend stocks?

Yes, taxation on dividends depends on individual circumstances and the applicable tax laws. In Australia, dividends may be subject to dividend withholding tax, and individual tax rates may apply. Consulting with a tax professional is recommended.