With over 8,000 games spanning several categories, this platform has revolutionized online casinos. The list includes slots, casino games, sports betting, and cryptocurrency price predictions.

For many gamers, the platform’s seamless gaming experience and extensive payment options are remarkable. This review discusses the ins and outs of this crypto-focused online gaming platform.

Visit BC Game

Quick Verdict: BC.Game is a popular crypto casino launched that offers over 8,000 games, generous bonuses up to 300%, and supports 18+ major cryptocurrencies across its sports betting, slots, table games, and live casino.

Quick Facts

BC.Game Sports Betting

Sports betting is the bread and butter of BC.Game.

There are 45+ sports with an average payout of 93.56% on BC.Game’s fixed odds selection. Players can access the most popular sporting events, including football, baseball, the National Football League (NFL), and tennis, among others.

Even less mainstream sports like Dota2 have a significant representation on the platform.
In addition, a live betting section allows users to wager on various sporting events in real time.

BC.Game provides 250+ betting options in the most popular football leagues per game. This way, you can easily place bets on Asian handicaps, player specials, cards to be issued during the game, and corners.

Even better, gamers can get minute-by-minute details on the sporting events they bet on directly on the interface. However, BC.Game does not have a livestream feature for sports, unlike its peers.

The platform makes up for this with its competitive odds. Like other online casino service providers, BC.Game allows customers to cash out their winnings before a game concludes or stop an ongoing wager through the cash-out option.

BC.Game also features a Bets Feed, giving users a snapshot overview of games played by others and their current positions. Users can easily add specific games to their betting slips by clicking on the relevant icons.

One area that BC.Game has made steady improvements in its esports section, which is integrated into the broader sports betting category.

This esports section covers:

• Virtual sporting events played by gamers worldwide, including electronic versions of popular and lesser-known sports like:
• Football
• FIF
• Cricket
• Basketball
• Tennis
• Handball etc.

Gamers can also place bets on competing esports teams and watch the game in real-time as it is updated on their dashboard. Overall, BC.Game ticks all the right boxes for an online user searching for the right sports betting platform.

BC.Game Casino

The online casino momentum is becoming increasingly popular amongst global internet gamers. Rather than commuting to physical casinos, online casinos like BC.Game enables anyone from all corners of the world to enjoy their favourite casino games from the comfort of their homes.

This is apparent as the platform features over 10,000 slot games. Many of the most popular slot games are on display, with new ones added on a daily basis. Users can enjoy slot games like:

• 888 Gold
• Lucky Piggy
• Speed Winner
• Tree of Fortune
• Fortune Ox
• Wild West Bounty
• 777 Strike, and others.

For avid casino enthusiasts, BC.Game offers a rich selection of classic casino games, including:

• Roulette
• Baccarat
• American Roulette
• Blackjack and others.

These games are sourced from renowned game development companies such as BC Originals, Pragmatic Play, No Limit City, Jili, and Hacksaw Gaming.

To make it even more intuitive, the platform allows users to directly filter the games they play by their name, popularity, provider, and game types. You can also play games under the ‘Blocked’ category on BC.Game, making it a richer and more fulfilling game experience.

BC.Game also offers live casino gameplay from prominent gaming companies like Evolution Gaming, Pragmatic Play, Ezugi, Playtech, and others. Users can play Triple Card Poker, Game Shows, Baccarat Sicbo, Dragon Tiger Live, and many more when the live casino is accessed.

Additionally, BC.Game boasts 3D table games developed by top software providers like RedRake, ArrowsEdge, and Mascot. These table games, much like other casino offerings on the platform, are iterations of offerings like Video Card Poker, Blackjack Switch, Faces and Deuces, and Baccarat.

Additional BC.Game Offerings

Other game offerings available to players on BC.Game includes a horse or greyhound racing section. This game allows gamers to wager on horse and greyhound races. This could be in the form of a win, place or show bet.

In addition, customers can also livestream the horse races to experience that in-game betting feel. The horse racing section contains detailed information based on their region, such as the expected race times and locations.

For players who don’t fancy horse betting, there’s a crypto betting option on BC.Game. In partnership with DeTrade, users can place small bets on the price movements of Bitcoin or Ethereum – similar to Futures trading on a centralised exchange.

BC.Game offers a trading window ranging from 15 seconds to one minute, where users simply select ‘Low’ or ’High’ to indicate their preferred position.

For lottery lovers, BC.Game operates a lottery service where users can predict a set of numbers and have a shot at winning substantial prizes, including a £82,000 jackpot. Players can enter the lottery event with a minimal investment, starting as low as £0.08 for ticket purchases.

Following closely to the lottery service is Bingo, where users can win more money from hundreds of games like Zoom Room, Bingo Blast, Ball Room, and Just a Bingo, amongst others.

Finally, the BC Exclusive section allows players to participate in daily contests to win rewards, promotions for deposits, and weekly raffle draws. Users can earn rewards by performing simple tasks like logging in and wagering a specified amount over seven days and potentially winning as much as £16,000.

Welcome Bonuses

New account holders on BC.Game are rewarded with up to 300% in deposit bonuses. However, the availability of the full deposit bonus is subject to when the funding is executed and the amount.

To access this deposit bonus, you will need to:

• Create a BC.Game gaming account and make a minimum deposit of $20,000 (roughly £16,500) within seven minutes of opening the account. This deposit will automatically unlock the 300% welcome bonus for new sign-ups. However, this deposit bonus will be capped at 180% for existing players.
• A second deposit will earn the customer a 240% bonus if an account is funded with a minimum of $40,000 (roughly £33,000).
• Another 300% bonus awaits on the third deposit, provided the BC.Game account is funded with a minimum of $60,000 (approximately £49,500).
• The fourth deposit bonus of 360% is exclusively available for accounts funded with $100,000 (estimated at £82,500).

All these deposits must be executed at once to unlock the respective bonuses attached to them. Meanwhile, gamers must meet wagering requirements before the bonus is credited to their Rakeback account.

According to BC.Game, customers need to wager between 1% and 20% to unlock the bonus. The unlocked bonus must attain a value of £4.12 before it can be claimed.

Regular Promotions and Loyalty Program

BC.Game offers a variety of attractive promotions and a loyalty program that rewards its users. Players can explore the BC Exclusive section for promotional offers. For example, by predicting matches and spinning events on slot games, they can earn up to $10,000.

Furthermore, many software providers offer unique promotions for their supported games on the platform.

For example, gamers can win:

• Up to £873,000 in NoLimitCity’s Cash X slot game.
• £52,355 across all Spinomenal’s supported slot games on BC.Game.

BC.Game also provides a range of exclusive promotions and loyalty programs to its VIP Club members. These high-net-worth individuals enjoy weekly cashback bonuses for wagers exceeding $1,000 (or £825) from Friday to Thursday.

VIP members can also access:

• Tips
• Sports weekly bonus
• Coin drops
• And rain bonuses.

Furthermore, there’s a level-up bonus that significantly enhances the rewards VIP members receive each time they level up within the BC.Game platform.

Payment Methods

BC.Game provides both novel and conventional payment methods for depositing and withdrawing funds. On the novel side, the platform heavily relies on digital assets, commonly known as cryptocurrencies.

For users who embrace cryptocurrencies, the platform offers the flexibility to fund their accounts using more than 18 major crypto networks. These include:

The online casino also supports Tether (USDT) and its in-house stablecoin BCD – which is pegged on a 1:1 basis to the US Dollar.

USDT deposits are available on the following networks:

• Ethereum
• Polygon
• Cronos
• Arbitrum One
• Optimism
• BNB Smart Chain
• and AVAX-C Chain.

Each crypto asset has its own set of supported blockchain networks. For example, BTC deposits are exclusively supported via the Segwit network, while ETH can be funded using Ethereum, Polygon, BNB Smart Chain, Base, and several others.

However, you must ensure that the right blockchain network is selected before funds are forwarded to the wallet address. If the funds are sent to the wrong blockchain network, it won’t reflect on the BC.Game platform.

Customers can also fund their accounts using regular fiat currency.

The online sports betting firm offers the following:

• Bank wire transfer
• Credit/debit cards
• E-wallets like PayPal, Skrill, AstroPay, and major payment processor services.

However, the user’s specific fiat currency may influence the availability of payment methods.

Users can also directly purchase cryptocurrencies within their BC.Game accounts. To do this, they can navigate to the ‘Deposit’ icon at the top of their dashboard, click the ‘Buy Crypto’ button, select a fiat currency, specify the amount, and then choose the cryptocurrency they wish to purchase.

The equivalent digital asset amount will be displayed, and users can follow the on-screen prompts to complete the process. Typically, funds are received within five minutes to an hour, depending on the selected payment method.
Customers who fund with crypto may struggle to transfer to other players. There is no option for regular gamers to transfer coins to other players on the platform. However, VIP members in the Level 8 hierarchy can send coins to other players via ‘Tips.’

Meanwhile, the withdrawal process is just as seamless as funding on BC.Game. Players can easily select their preferred withdrawal medium and receive the funds within an hour.

Security

BC.Game prioritises security and privacy, requiring little personal information from users. To start, users need to only provide their email address, and a username and password are automatically generated.

Private data like billing addresses, home addresses, or driver’s licences are not required to open an account. This creates a haven for online gamers seeking anonymity on the internet.

Despite the meticulous recording of all crypto transactions on the blockchain network, BC.Game safeguards the user’s personal data. An additional layer of security is offered through two-factor authentication (2FA).

This involves sending a randomly generated 6-digit one-time password (OTP) to the user’s phone linked to their Google account. With 2FA, users can access their accounts and perform necessary activities.

Furthermore, the platform employs SSL technology to encrypt and secure user data on its servers. In case of any issues or concerns, the BC.Game team is readily available for live support through a virtual chatbot on the platform.

Like other online gambling platforms, BC.Game is licensed and supervised by the Curacao Interactive Licensing (CIL) N.V.

Members Account Area

BC.Game places a strong emphasis on enhancing the user experience. When you create a new account, you’re greeted with a default avatar, a wide-eyed reddish crocodile. However, users can easily edit this avatar and personalise how they appear on the platform.

Within the user’s profile, you’ll find various details, including the medal chest, statistics that display your total wins and bets, wager contest information, and your top three favourite games. This section is dynamic, with information changing based on your level of engagement and activity on the platform.

Besides this, the user’s VIP level is displayed on the ‘My Profile’ page. Users can also view their wallet balance, bonus, and real money. The member account area also features the BC Swap, a centralised crypto exchange. Users can exchange one asset for another using this feature.

The Vault Pro offers a solution for users looking to maximise their idle crypto assets. This service enables users to lock up their digital assets while earning a 5% annual return. While this rate may not be the most competitive in the market, the Vault Pro is a useful tool if you do not plan to use your crypto assets for wagering in the near future.

Lastly, BC.Game’s member account area includes a non-fungible token (NFT) vault where users can securely store their digital collectibles. Users can easily deposit collectables from renowned brands like BAYC, CryptoPunks, Azuki, and more by scanning a deposit wallet address on the platform.

Mobile Offering

BC.Game is also designed to cater for users always on the move. The online crypto casino offers a mobile app for both iOS and Android devices.

These apps can be downloaded within seconds, granting users access to the complete library of games and services, all thoughtfully optimised for smaller screens.

As a result, users can seamlessly enjoy their favourite slots and casino games, place bets on sports, races, esports, and bingo games on their mobile devices. They can filter available games by popularity, game developer or provider, and game type.

The navigation buttons are also optimised for mobile use, ensuring highly responsive and intuitive interaction. Intriguingly, for those who prefer not to install the mobile app, BC.Game remains accessible through the phone’s web browser.

Furthermore, the funding process on the mobile app is just as seamless, allowing users to effortlessly make deposits using their preferred payment methods.

Usability

Ease-of-use was top-of-mind when the BC.Game platform was developed. The platform offers a dark and light theme mode, allowing users to switch between either easily. The colour theme is rich and vibrant.

Navigating to different categories of games is straightforward using the menu navigation system. Users can directly access casino, sports, racing, or BC Originals games from the menu.

For more specific preferences, the filtering and search system caters to individual needs. Users can search by game name, type, or provider. An alphabetical search option lets users browse games alphabetically and discover ‘New’ releases for the day.

Furthermore, BC.Game allows users to add their favourite games to a dedicated ‘Favourites’ tab. For example, the ‘Casino’ menu features a ‘Favorites’ tab, and users can also conveniently view the games they recently played under the ‘Recents’ tab within the Casino section. This feature makes it easy for users to pick up their gameplay from where they left off.

The gaming experience is notably smooth, with minimal latency on the platform. This ensures a seamless experience for users placing bets on their favourite sports events and quickly generating bet slips. The livestream option for greyhound and horse racing provides users with high-definition quality, giving them an immersive and lifelike experience.

In its betslip segment, BC.Game allows users to add games played by other users to their bet slip effortlessly. A “Quick Bet” mode also enables users to place bets with a single click.

Overall, the live betting interface runs smoothly, and users are provided with all the relevant details to make an informed wagering decision on the online gambling platform.

Customer Support

The online gambling platform also offers a set of online support tools users can turn to whenever they have questions. One such is the live support option, available directly on the platform’s interface. This tool lets users directly speak to one or more of the customer success team via chats.

Response times are impressively swift, and BC.Game often forwards responses to users’ email addresses. Within the live support chat, users can also search for valuable information about the platform’s operation and offerings.

Users can explore the FAQ section for a more detailed guide. BC.Game maintains an active presence on various social media networks, including X (formerly Twitter), Facebook, Telegram, Discord, Github, Instagram, and Bitcointalk.

The platform also runs a ‘Forum’ for its users to gain access to announcements, promotions, help and communicate with one another.

Conclusion

As we have covered in this review, BC.Game ticks the most important boxes a user needs for an online gambling platform.

The platform boasts many games from renowned gaming companies. It accommodates a variety of cryptocurrencies for both deposits and withdrawals, in addition to supporting fiat on-ramp options. The inclusion of its in-house stablecoin, BCD, further enhances its offering.

In terms of bonus, BC.Game also offers a generous amount in percentage and the accompanying wagers with a smooth transaction outlay.

With its mobile-friendliness, sleek design, and user-friendly interface, the platform has solidified its position as a top crypto gambling casino, making it a great choice that we are happy to recommend.

Visit BC Game

BC.Game FAQs

What types of games does BC.Game offer?

BC.Game offers over 8,000 games including slots, table games, live casino, sports betting, esports betting, crypto price betting, lotteries, and more.

Does BC.Game have a sportsbook?

Yes, BC.Game has an extensive sportsbook covering 45+ sports. It offers competitive odds and numerous betting options for major leagues.

What cryptocurrencies does BC.Game support?

BC.Game supports 18+ major cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple, Dogecoin and stablecoins like USDT for deposits and withdrawals.

Is there a mobile app for BC.Game?

Yes, BC.Game has free mobile apps for both iOS and Android devices, allowing you to play on the go.

What are the bonuses available at BC.Game?

New players can get bonuses up to 300% on their first four deposits. There are also plenty of ongoing promotions, contests, and VIP rewards.

Is BC.Game properly licensed and regulated?

Yes, BC.Game is licensed and regulated by the Curacao Interactive Licensing N.V. It employs security measures like SSL encryption too.

How can I contact BC.Game if I have an issue?

BC.Game offers 24/7 live chat support as well as email and social media channels like Twitter, Facebook and Discord.

The post BC.Game Review: Crypto Casino With Massive 300% Welcome Bonus, Is it Legit? appeared first on Blockonomi.

Fairspin.io features an earn-like program allowing users to generate passive income by holding specific tokens on their platform.

In this review, we will explore the Fairspin.io ecosystem, game offerings, potential odds, bonuses or promotions, and accepted payment methods.

Visit Fairspin

Quick Verdict: With thousands of games, lucrative welcome bonuses, and great customer support, Fairspin provides an exciting and secure online gambling experience for both crypto and traditional players.

Quick Facts

Fairspin.io Sports Betting

Fairspin.io’s sports betting section seamlessly complements the platform’s casino betting offering as it provides access to some of the world’s most popular sporting events.

Within Fairspin.io’s sports interface, users can make predictions on a wide range of sports, including:

• Football
• Basketball,
• Ice hockey
• Tennis
• Volleyball
• Baseball
• Boxing
• American Football, and many others.

What sets this platform apart is its inclusion of less mainstream sporting options, catering to a diverse range of online gamers. Hence, users can bet on handball, Dota 2, Futsal, snooker, cricket, Motor Sports, and Valorant.

For football followers, Fairspin.io offers direct access to all major premier leagues and continental football games globally. This means users can wager on teams participating in:

• UEFA Champions League (UCL)
• UEFA Europa League (UEL)
• English Premier League (EPL)
• La Liga
• Ligue 1
• Bundesliga
• and the Italian Serie A.

Fairspin.io extends its reach by covering international friendlies and premier league games in over 50 countries.

Gamers also receive real-time updates on the sporting events they’re interested in. However, while it provides live game updates, Fairspin.io does not support live streaming options on its platform.

Meanwhile, Fairspin.io offers a ‘Turbo Combo’ feature, allowing gamers to bet on multiple games all at once. The odds are combined, and users get to place bets with a single tap. This feature cuts across all of its sports offerings.

But that’s not all. Users can easily select their preferred betting options by clicking on ‘winner,’ ‘handicap,’ or exploring more intricate choices under the ‘others’ category.

In recent years, Fairspin.io has expanded its virtual sports section, which currently supports three main virtual sports events. These include:

• eFootball
• eBasketball
• eHockey

Players also have the option to place bets on competing virtual teams and watch them in action via a dedicated livestream feature.

In summary, Fairspin.io checks all the boxes for a crypto sports betting platform that gamers should consider exploring.

Fairspin.io Casino Offering

Casino games are typically the centerpiece of most online gambling platforms, and Fairspin.io certainly doesn’t disappoint in this regard.

The platform offers various gaming options, ranging from slots to traditional casino and card games, ensuring gamers have an extensive selection.

For context, Fairspin.io offers access to 5,000+ slot games, which is a considerable amount for most players. Among its slot offerings, Fairspin.io has all-time favorites like:

• Gates of Olympus
• Wanted: Dead or a Wild
• Aztec
• Macau
• Royal Coins
• Sweet Bonanza
• Sugar Rush
• Dork Unit
• Treasure of Fire
• Wild Bandito, and hundreds of others.

For its casino games, users have access to:

• Roulette
• French Roulette
• Blackjack
• Baccarat
• VIP Roulette
• Dragon Tiger
• Crazy Time and several others

Notably, all these casino games can be enjoyed on the platform’s live casino section.

Fairspin.io sources its games from a carefully curated selection of the industry’s most reputable software providers. This includes renowned names like BGaming, Belatra, Playson, PGSoft, Yggdrasil, Hacksaw Gaming, and over 100 other providers.

To enhance the gaming experience, Fairspin.io features a user-friendly search function, allowing players to locate specific games easily by searching for the provider’s name, game title, or game type. Because of this deliberate focus on user experience, players can easily access their preferred games.

Fairspin Additional Offerings

Variety is at the core of Fairspin.io’s offerings, a key element that sets this platform apart. The crypto casino offers several add-ons for optimizing gameplay. For instance, the ‘New Games’ section captures new additions, making it easy for gamers to try new betting options regularly.

Fairspin.io’s Tournament Games offer players the opportunity to earn more from their wagers. This section features games like:

• Starlight Princess
• Legend of Cleopatra Megaways
• Luxor Gold: Hold and Win
• Book of Demigods II
• Hotcoins
• Pirate Chest and hundreds of others

The online gambling firm also offers 478 Jackpot games, which are variants of slot and casino games. Likely Jackpot games available include:

• Great Panda
• Burning Sun
• Sun of Egypt
• Amazing Link Zeus
• Amazing Link Poseidon
• Super Marble and hundreds of others.

Besides being an online gambling hub, Fairspin.io offers users several other add-on services.

One such is the token ecosystem. This is linked to the loyalty tokens, which are generated from users frequently betting on the Fairspin.io platform.

In return for doing so, players get cashbacks in the form of TFS, which they can hold to earn a sizable return. To kickstart the earning service, Fairspin.io incentivizes users with 200 TFS, its in-house digital token.

Holders can earn as much as 139.72% annually from these loyalty tokens while automatically unlocking rewards like higher betting limits and casino shares.

Gamers can also participate in limited games against other gamers via the Tournaments section. Competing players can earn a grand prize from a cash pool.

For instance, the ongoing ‘Tricks or Treasure’ tournament is scheduled to elapse within two days. The lucky winners stand a chance of earning as much as $10,000 from the prize pool.

Fairspin Welcome Bonuses

In line with the standard practice across online gambling platforms, Fairspin.io warmly welcomes its new customers with a unique approach. Once players register an account, they gain immediate access to 200 TFS.

Deposits are duly rewarded. For initial deposits, users receive a substantial bonus of up to 100% added to their account. However, there are specific requirements:

To unlock 100% of the deposit amount and receive 30 free spins, a minimum deposit of 500 USDT is required.
Users must also place a minimum of 60 bets and utilize the bonus amount within a three-day timeframe.

The maximum bonus amount is pegged at 100,000 USDT.

For second-time deposits, the bonus percentage is reduced to a maximum of 75% of the deposit sum, with the highest attainable bonus amount now capped at 75,000 USDT. The same three-day wagering duration applies to this offer as well.

The real reward for customers comes with the fourth deposit. Users can enjoy an impressive 200% bonus amount, which can be unlocked by making a minimum deposit of 500 USDT in the casino.

To meet the requirements for this bonus, players need to place at least 60 wagers within three days.

Regular Promotions and Loyalty Programs

In exchange for using Fairspin.io, users can take advantage of a variety of promotions. There is the Playson promo, which allows players to put their bonus to work while playing Playson slot games.

This is significant as all other game providers require customers to bet with real money. With this promo option, users can play with their bonuses and withdraw the winnings.

Additionally, Fairspin.io features a tokenized rakeback system available to all TFS token holders. This promotion allows players to bet on their favorite games and receive cashbacks in the TFS tokens.

Even better, these TFS assets can be channeled to the ‘Hold to Earn’ program to tap into the multiple passive income earning potential available.

Gamers can earn weekly cashbacks by accumulating points while playing at Fairspin.io’s casino platform through the casino’s loyalty program.

The loyalty program comprises ten levels, each offering unique benefits. These levels include:

• Player
• Explorer
• Soldier of fortune
• Master of fortune
• Excitement expert
• VIP Club Steel Card
• VIP Club Bronze Card
• VIP Club Silver Card
• VIP Club Gold Card and
• VIP Club Platinum Card

Every level is associated with specific loyalty programs tailored to that level. Nonetheless, all users earn a base 5% cashback payable in TFS without wagering or 50% in cashbacks when they meet the 60-wager requirement.

All player levels enjoy staking limits that enable them to engage in play-to-earn (P2E) activities with TFS tokens. These P2E limits range from 5,000 to 15,000 TFS.

Fairspin.io Payment Methods

Fairspin.io, catering to over 50 countries, has meticulously designed its payment methods to simplify the process of depositing and withdrawing funds.

For instance, Canadian players can access Interac e-Transfer for internet banking, credit/debit cards, and e-wallets like Jeton Cash, AstroPay Wallet, and NeoSurf.

On the other hand, UK residents have access to only credit/debit cards and e-wallets like:

• Perfect Money
• Skrill
• Neteller
• AstroPay Wallet, and
• Paysafecard

In addition to these payment options, all players can fund and withdraw their winnings using popular cryptocurrencies, including:

• Bitcoin
• Ethereum
• Dogecoin
• USDT
• Litecoin
• Tron
• Stellar
• Ripple
• Binance Coin
• USDC
• Bitcoin Cash
• ZEC Cash
• Dash
• Cardano
• Monero
• The Graph, and
• Sushiswap.

Each crypto asset has its lineup of blockchain networks that the Fairspin.io platform supports. For instance, USDT deposits and withdrawals can be executed using:

• Ethereum
• Tron and the
• Binance BNB Smart Chain

On the other hand, Bitcoin transactions are solely supported on the primary Bitcoin network. The platform does not support Segwit or Lightning Network options. This means users must be patient when using this option due to the slow transaction output of the PoW protocol.

Fairspin Security

Fairspin.io places a strong emphasis on security to safeguard the interests of its users. The online gaming platform requires punters to submit personal information, which is necessary for operations.

The betting platform recognizes the importance of user data protection and underscores that this information is utilized for know-your-customer (KYC) verifications, anti-money laundering services, and other operational necessities that ultimately benefit users.

To access Fairspin.io, users must be 18 years or older and provide specific details, including their full name, email address, a valid mobile number, and a robust password.

In certain cases, the platform may request additional information such as country of residence and documentation like identity cards (ID), passports, and driver’s licenses.

To ensure data security, Fairspin.io employs stringent measures, including Secure Socket Layer (SSL) technology, email verification, and Google two-factor authentication (2FA) to encrypt and protect user information on its servers.

Additionally, the platform is firmly grounded in blockchain technology, ensuring transparency through meticulous recording of game outcomes. This approach serves as a safeguard against manipulation.

Fairspin.io also employs the renowned Provably Fair algorithm, which enables gamblers to verify game fairness independently through Server Seed and Client Seed, which are connected to a cryptographic value.

Server and Client Seeds are random numbers generated by the platform and gamblers, respectively, to promote transparency on all bets.

What’s more, games are designed with a Random Number Generator, assuring players that results are consistently fair. Gamblers can access essential game information, including the Return to Player (RTP) percentage, before placing wagers.

As a top-tier betting platform, Fairspin.io is licensed and regulated by the Curacao Gambling Commission. However, the license may not help address disputes between users and the operator. The crypto casino manages all wagering disputes internally through its customer support team.

Fairspin.io’s reputation and positive community feedback enhance its trustworthiness. To date, there have been no security breaches or significant issues resulting in the loss of user funds.

Fairspin Members Account Area

Fairspin.io has a dedicated Members Account Area to provide registered users with a personalized and exciting gaming experience.

This central hub features seven key components, each serving a distinct purpose:

• Real-time Balance: Located at the top-right corner, this section allows players to check their crypto balance and monitor their funded portfolios instantly.

• Wallet: The Wallet empowers users to seamlessly process and manage deposits and withdrawals through various payment methods. This section also provides a transparent transaction history ledger, allowing gamblers to track recent and past transactions.

• Account Settings: Players can access their profiles, update personal details like email and phone number, and configure preferences such as language and currency.
• Inbox: The Inbox area delivers real-time information, including the latest services, in-game notifications, and more, directly to users.

• Bonuses: The Bonus section serves as a hub for information regarding available bonuses, promotions, and loyalty rewards. It offers a straightforward pathway for players to claim and monitor their bonuses.
• Security: Gamblers can manage security settings, including two-factor authentication and password updates, to enhance the safety of their accounts.

• Identity Verification: This feature enables users to verify their identity, a crucial step in completing the Know Your Customer (KYC) process and gaining access to Fairspin.io features.

Fairspin Mobile Offering

There is no mobile app for Fairspin.io. Nevertheless, avid bettors can conveniently access sports, casinos, and favorite games on their mobile phones or tablets through a web browser.

The platform’s web-based version is fully optimized for smaller screens and is available to gamers globally.

The Fairspin.io mobile version matches the desktop experience in quality. Punters will encounter a user-friendly interface that facilitates smooth navigation, granting them the same extensive game selection.

Users can access many bonuses and find customer support options for any inquiries they may have.

The deposit and withdrawal processes on the mobile platform are just as user-friendly, enabling punters to initiate deposits using their preferred payment methods with ease.

Fairspin Usability

Fairspin.io offers users an intuitive and visually appealing interface with straightforward menu layouts that provide easy access to various site sections.

The website’s design exudes a dynamic feel with a color scheme that blends dark grey, black, white, and golden yellow backgrounds, complemented by bold imprints and periodically changing banners.

These elements collectively create a seamless navigation experience for players, whether they are enjoying slot games, live casinos, or sports betting on web-based versions (both desktop and mobile).

The landing page displays all supported games, which users can easily search through a prompt bar positioned at the top left corner.

Players can sort games alphabetically or by popularity, access in-play bets, view real-time odds, and place wagers as events unfold.

The inclusion of a bet slip feature simplifies the betting process, allowing players to see selected events in real-time, share slip codes with other players, and print receipts in case of physical/offline bets.

The platform ensures a smooth gaming experience for novice and experienced bettors by minimizing latency, enabling swift bet placement, and capitalizing on real-time market opportunities with competitive odds. Users can effortlessly generate bet slips and place their bets.

Fairspin Customer Support

Fairspin.io boasts an exceptionally efficient and customer-friendly support team available around the clock via various communication channels located at the bottom right corner of the platform.

These include a Live Chat, email support, contact number, and social media channels like Facebook Messenger, WhatsApp, Viber, Telegram bot, Reddit, and Instagram.

To remain unbiased and authentic, we sent an inquiry on ‘deposit’ to Fairspin.io email support and received a response from an agent named ‘Andrey Po’ in less than two minutes.

Besides the fast response, we were impressed by the concise yet sufficient guidance offered, which was enough to solve the deposit issue encountered.

We also tested the Live Chat support for responsiveness. A customer agent named ‘Hilario Ma’ responded to our inquiry.

While we were initially concerned that he wasn’t straightforward with proffering solutions, we discovered the agent only wanted to understand the specific nature of the issue we wanted guidance on.

As seen above, Hilario provided an in-depth, step-by-step guide to initiate a successful deposit, which was satisfactory.

Fairspin.io’s commitment to transparency is noteworthy. The betting hub integrated Curacao’s regulator email support as an additional means of ensuring authentication for users seeking verification.

Fairspin.io provides access to a comprehensive array of guides and frequently asked questions (FAQs).

There is also a dedicated search bar where players can input inquiry prompts. This feature filters the available guides and FAQs, making it easy for gamblers to solve their issues seamlessly.

Overall, Fairspin.io’s customer support satisfied us thoroughly with their dedication to addressing users’ concerns.

Conclusion

In our in-depth analysis of Fairspin.io, it becomes evident that this online casino platform is a dedicated games hub that offers an array of entertaining options for punters.

From sports betting to casino games, slots, and classic table games, there is something to cater to every player’s gambling preferences. The inclusion of live games adds another layer of excitement, allowing gamblers to capitalize on real-time odds and potentially enhance their profits.

We were particularly impressed with the extensive support for high-quality deposit and withdrawal methods, encompassing traditional fiat currencies and a range of cryptocurrency options. This flexibility ensures seamless and convenient transaction processing for all players.

The platform’s website security is integrated with industry-leading safety measures, ensuring the protection of user data and funds.

To enjoy all these enticing features, simply sign up on Fairspin.io today and embark on an exciting gambling journey.

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Fairspin FAQs

What sports can I bet on at Fairspin?

You can bet on all major sports like football, basketball, tennis, hockey, as well as niche sports like handball, esports, and more. Leagues covered include UEFA, EPL, La Liga, NBA, NHL, etc.

What casino games are offered?

Fairspin has over 5,000 slot games from top providers. There is also a live casino with roulette, blackjack, baccarat and more.There are hundreds of jackpot games.

What bonuses and promotions are available?

New players can get up to 200% deposit match on their first 4 deposits. There are also free spins, a loyalty program, cashback rewards, and tournaments with prize pools.

What payment methods can I use?

You can deposit and withdraw using credit cards, e-wallets like Skrill, and various cryptocurrencies including Bitcoin, Ethereum, Tether, and more.

Is Fairspin licensed and regulated?

Yes, Fairspin holds a license from the Curacao Gaming Commission. They use SSL encryption and Provably Fair to ensure security.

Can I play on mobile?

While there is no app, the site is fully mobile-optimized. You can access all games and features on iOS and Android devices.

How can I contact customer support?

Support is available 24/7 via live chat, email, and phone. Agents are quick to respond and provide detailed assistance.

Is Fairspin available in my country?

Fairspin accepts players from most countries worldwide. However, some jurisdictions have restrictions, so check the terms and conditions.

What are the withdrawal times?

Withdrawal times vary by payment method. Crypto withdrawals are generally faster, while card and e-wallet withdrawals can take 1-3 business days.

The post Fairspin.io Casino Review: Is it Legit & Safe to Use? All The Pros & Cons appeared first on Blockonomi.

The platform allows users to directly fund their accounts with top cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, and others.

Stake.com maintains a strong commitment to delivering high-quality betting games, and this dedication is evident through its substantial daily user base. This review examines the platform’s supported games, available payment methods, and the overall user-friendly experience it offers.

Visit Stake.com

Quick Verdict: Stake.com is a leading crypto gambling site founded in 2017 that offers over 1,000 casino games and bets on 40+ sports, provides birthday/monthly bonuses to players, accepts deposits in 20+ cryptocurrencies, and has a user-friendly web-based platform accessible on mobile.

Quick Facts

Stake.com Sports Betting

Like most online gambling platforms, sports betting is a big deal on the Stake.com platform, standing as the second most featured betting service after the casino offerings. Sports lovers can explore 40+ sports markets via Stake.com’s Sportsbook.

These include popular names like:

• Football
• Tennis
• Basketball
• Baseball
• MMA
• American Football
• Ice Hockey
• and less popular options like CS:GO/CS2.

From these games, gamers have the ability to place bets on aspects like handicap, total score, and the selection of a winning team.

For football lovers, Stake.com provides access to the top five European leagues, including the English Premier League (EPL), Serie A, Ligue 1, Bundesliga, and La Liga. Each league is arranged in an easy-to-view interface with their respective semi-league cups added alongside.

The platform doesn’t stop there; it also offers direct sports betting access to less-heralded league matches from various European regions, including the Portugues Primera, Netherlands Eredivisie, and Major League Soccer (MLS), among others.

Even less mainstream sports like Dota 2 enjoy significant representation on Stake.com. This strong adherence to less-known sporting events allows the platform to cater to regularly sidelined sporting events.

This way, customers who want to bet on cycling, biathlon, cross-country races, darts, field hockey, floorball, and F1 have a robust platform to meet their needs.

For its esports section, Stake.com’s customers are spoiled for choice. The platform enables betting for:

• Virtual sporting events of all of the popular games
• FIFA
• Kings of Glory
• League of Legends
• Rainbow Six
• The ever-popular NBA2K and several others.

Odds are what make and break most online gambling platforms. Given the competitive nature of the crypto casino business, Stake.com has taken an ingenious step to put itself ahead of its competitors. Hence, users can easily select their preferred odd betting system.

Currently, Stake.com offers six different odds, including:

• Decimal
• Fractional
• American
• Indonesian
• Hong Kong
• Malaysian

Each system is geared towards users in specific regions. For instance, the Decimal odd system is largely favored by Continental European residents. This system puts a decimal number to depict the chances of a team winning or losing a game, enabling users to calculate their potential winnings relative to the amount they deposit.

However, Stake.com does not offer a live streaming option in its sports section, spanning both human-based sports events and esports. This could be a drawback for users who prefer to watch live games to inform their betting decisions.

For users who intend to take their winnings before a sporting event ends, Stake.com offers a Cash-out button. Players can easily find this beside each of their bets.

However, the availability of the cash-out option may be limited to specific sports markets and events, and it may not be available for all cases.

Stake.com Casino Offering

Casino games are a chief part of Stake.com’s betting services, and they are the preferred choice for most users on this platform. This is largely due to the extensive and high-quality selection they offer.

For instance, online betters can access over 3,000 slot games, featuring not only popular favorites but also less-known gems from well-regarded software gaming companies. Some of the top slot games available include:

• Sugar Rush
• Sweet Bonanza
• Le Bandit
• Candy Blitz
• Gates of Heaven
• Gates of Olympus and several others.

Stake.com caters to casino enthusiasts with a diverse array of classic casino games, including:

• Baccarat
• Roulette
• Blackjack
• American Roulette
• Lightning Blackjack
• Lightning Baccarat, and several others.

Additionally, Stake.com hosts an in-house casino game show that allows users to engage in their favorite games with a wider audience. Some of the top options in this category are:

• Crazy Time Live
• Monopoly Big Baller Live
• Snakes & Ladders
• Red Door Roulette
• Mega Ball 100x, amongst others.

All these games are sourced from some of the most renowned names in the online gambling casino industry. Users can bet on games provided by Pragmatic Play, AvatarUX, 3 Oaks Gaming, BGaming, Booming Games, and over 15 other reputable providers.

Furthermore, Stake.com has streamlined the user experience by allowing gamers to search for their favorite games based on criteria like popularity, provider, and game types.

Additional Stake.com Offering

Casino enthusiasts can also immerse themselves in various table games available on Stake.com. These table-based games are 3D specific, delivering a gameplay experience with low latency and premium video quality. Among the table games offered are card games such as:

• Video Poker
• Blackjack
• Roulette Live
• Craps
• Double Ball Roulette
• Texas Hold’Em
• Extreme Texas Hold’Em
• Caribbean Stud Poker
• Sic-Bo
• Ace Race, and several others.

Furthermore, the online casino platform consistently introduces new games to enhance the gaming experience for users. This ensures that users have access to an ever-expanding selection of games like Big Bass Halloween, Hot Potato, and Spin Reaper, amongst others.

Despite not fielding a wide array of games, Stake.com offers users so much quality that it retains user attention.

One such unique feature is the Feature Buy-in, a type of online slot game. It prompts users to buy access to a game’s bonus features for a token. This way, they can unlock hidden bonus levels and enjoy richer gameplay.

What makes it even better is that the Feature Buy-in can easily be accessed by users who own special symbols (or scatter symbols) on a game’s playing interface without paying the statutory fee.

Another notable feature is Stake.com’s widely popular Enhanced Return to Player (RTP) option, which is linked to the industry term known as the House Edge. The House Edge reflects the potential winning percentage a casino platform has in each game.

For instance, in a Blackjack game with a 2% House Edge and an RTP of 98%, the user’s chances of winning are greater than that of the house. Therefore, the lower the House Edge, the higher the winning potential for the player in a game.

On the Stake.com service, players can access 10 Enhanced RTP games, all courtesy of the Pragmatic Play game provider. These games have a high RTP of 98%, hence the term “enhanced.” Some of the Enhanced RTP games available on Stake.com include:

• Gates of Heaven
• Sweet Fiesta
• Dog Mansion Megaways
• Jewel Bonanza
• Sugar Twist
• Slushie Party
• Madame Mystique Megaways
• Lucky Phoenix Megaways
• Bison Spirit, and
• Wild West Bounty

Welcome Bonuses

Stake.com does not provide traditional welcome bonuses for new customers. However, it’s essential not to rush to dismiss the website solely due to the absence of a standard welcome bonus.

The platform offers various alternative ways for users to secure prizes and rewards.
One such option is the birthday bonus. To qualify for this bonus, individuals must meet specific criteria:

• They must possess a verified email address.
• They should have attained at least a level 2 KYC verification status before their birthday.
• They need to exhibit a reasonable activity level or hold a VIP rank.

If users meet these requirements, they can look forward to receiving a delightful birthday email containing a coupon link in their inbox on their special day. This coupon remains valid for 7 days. However, the bonus amount varies based on their VIP level.

Stake.com also extends a monthly bonus, a special reward for active platform engagement delivered via email. To qualify for this monthly bonus, players must maintain a verified email address and demonstrate regular participation.

However, the amount of the monthly bonus is determined by several factors, including the player’s VIP rank, the total amount wagered in the past 30 days, their profit values for the month, and the house edge of the games they participate in.

Regular Promotions and Loyalty Programs

Stake.com offers diverse promotions for players with different betting preferences (high, medium, or low stakes) across the casino and sports/esports. This approach enhances user convenience and engagement in rewarding activities.

For instance, users can participate in the weekly random raffle, with a $75,000 prize pool shared among fifteen fortunate players. To be eligible, players receive one ticket in Stake’s Weekly Raffle for every $1,000 wagered on the Casino and Sportsbook, with no additional requirements.

Additionally, Stake.com hosts a 24-hour daily race with a $100,000 prize pool. As users place bets in the sportsbook or casino, they climb the rankings among the top 5000 participants, earning progressively greater rewards as they ascend.

At the end of each race, the prizes for the top 5,000 participants are swiftly deposited into their balances in BTC, matching their cryptocurrency’s equivalent value.

Furthermore, players can elevate their VIP Club membership status by increasing their wagers on the Stake platform. This advancement unlocks exclusive benefits, including:

• Reload
• Rakeback
• Level Up Bonuses,
• Weekly Boost
• Monthly Bonus

Stake.com frequently introduces special promotions and bonuses linked to occasions such as the launch of new casino games and major sporting events, including the UFC, NBA, English Premier League, and more.

Payment Methods

Stake.com offers payment options in cryptocurrencies and traditional fiat equivalents for casino games, live casinos, original games, and sports betting, all facilitated by a user-friendly deposit process.

For customers who prefer cryptocurrencies, Stake.com supports 20 different crypto networks. These include:

• Bitcoin
• Ethereum
• Litecoin
• Tether
• Dogecoin
• Bitcoin Cash
• Ripple
• EOS
• Tron
• Binance Coin
• USD Coin
• Apecoin
• Binance USD
• Cronos
• DAI
• Chainlink
• Sand Coin
• Shiba Inu
• Uniswap
• Polygon

For customers who prefer to deposit using fiat equivalents, the platform accepts the following:

• Japanese Yen
• Brazil Lira
• Canadian Dollar
• Indian Rupee

Depositing Bitcoin and other cryptocurrencies to place bets is a straightforward process on Stake.com. Users can fund their account and utilize their chosen cryptocurrency for online sports betting by following these easy steps:

Step 1: Start by signing in and obtaining your deposit address. New users can click the wallet button at the top of the webpage and provide the required information to create a wallet.

Step 2: Select the cryptocurrency that suits your needs. Stake.com supports numerous currencies, including Litecoin (LTC), Dogecoin (Doge), Ethereum (ETH), and Bitcoin (BTC). The corresponding address for the chosen cryptocurrency is displayed.

Step 3: Set the deposit address as the “Send to” location for your cryptocurrency wallet or exchange.

Step 4 (Optional): Users who do not possess a crypto exchange or wallet can use MoonPay to purchase cryptocurrency for depositing with fiat currency. MoonPay offers a variety of supported payment methods, including:

• Credit card options for Visa and MasterCard.
• Payment gateways like Apple Pay, Google Pay, and Samsung Pay.
• SEPA and SEPA Instant (EUR-denominated transactions in SEPA countries only).
• UK Faster Payments (GBP-denominated transactions in the UK only).
• YellowCard – P2P transfers in Naira (NGN) for Nigerian customers.
• PIX (BRL-denominated transactions in Brazil only).

Security

Security is a paramount concern on Stake.com. The platform collects personal information for purposes such as Know Your Customer (KYC) verification and marketing, and users must be 18 years or older to access it.

While Stake.com acknowledges that information is transmitted at the user’s risk, it also enforces stringent measures to safeguard personal data against misuse, loss, and unauthorized access.

These protective measures include the use of password-protected systems, Secure Socket Layer (SSL) technology, and two-factor authentication (2FA).

When a customer attempts to log in, the platform sends a randomly generated 6-digit one-time password (OTP) to the user’s email for validation.

The platform also goes the extra mile by providing a secure storage solution for users’ funds, known as the “Stake Vault.” Access to this vault requires users to confirm their chosen security measures, such as a password, verified email, and 2FA, among others.

In the event that users encounter any issues or have questions, Stake.com offers easy access to its customer support team through live chat facilitated by a responsive chatbot on its platform.

Despite a concerning security breach on September 4, 2023, resulting in a substantial loss of approximately $41 million from its hot wallets, Stake.com was swift to reassure its users that their funds remained secure and unaffected.

This incident underscores the platform’s dedication to promptly addressing security challenges and ensuring the continued safety of user assets.

Stake.com is a licensed online gambling platform based in Curacao. It operates under the gaming license 8048/JAZ issued to Antillephone and is regulated by the Government of Curaçao.

Members Account Area

Stake.com offers users a simplified account area on the platform, designed to facilitate efficient management of their betting experiences, whether in sports or other forms of gambling.

Within this curated member’s account space, users will discover three key components: the wallet, the vault, and the VIP level.

• The wallet enables users to manage all crypto deposits and withdrawals from successful wagers, buy new crypto assets, and tip other users.
• The vault is designed to allow players to securely lock their deposits and withdrawals for a period to prevent unauthorized access. This feature serves an intrinsic purpose, as it is incorporated by Stake.com to assist individuals dealing with gambling addiction. It allows users to control impulsive deposits and withdrawals, promoting responsible gambling practices.

• On the other hand, the VIP level allows users to track their progress, which accumulates based on their bets placed in casinos and sportsbooks. As users engage in more wagers, they ascend to higher tiers, unlocking larger rewards and gaining access to an exclusive VIP experience.

The member’s account area also encompasses additional features, including statistics, notifications, sports bets, and settings.

• Statistics offer a real-time view of players’ victories and achievements in sportsbooks, such as races and raffles.
• Notifications help punters manage interactions with the Stake.com team regarding their bets.
• The ‘sports bets’ member feature allows users to monitor their active bets and explore other opportunities for maximizing their profits.

• Lastly, the settings integration enables gamblers to personalize their operations, including general features, security measures, interfaces, preferences, and more.

Mobile Offering

Unfortunately, Stake.com does not offer a robust mobile app for punters. However, that doesn’t mean they can’t place bets on their mobile phones.

Like the desktop version, players can access the platform through its web-based website, allowing them to place bets on upcoming or in-play events while they are in progress. This enables users to win great rewards on successful wagers.

The platform’s mobile web-based version is fully functional on Android and iOS operating systems. Gamblers will enjoy a user-friendly layout design for easy navigation, a responsive interface, and a wide array of sports betting markets.

These include popular sports like soccer, basketball, tennis, horse racing, and more, all accessible from their mobile devices.

Impressively, Stake.com’s mobile offering extends beyond sports betting. Casino punters can enjoy a variety of slots, table games, and live dealer games.

Moreover, the deposit and withdrawal processes on the mobile-based version are as seamless as those on the desktop version.

Usability

Stake.com excels in usability with its dark-themed layouts and bold white text, making it easy for users to identify and navigate options.

With the integration of clear menus and respective categories of events, markets, casino games, account management, and more, users will waste no time trying to find their preferred offering.

The platform’s web-based versions (desktop and mobile) are fast and highly responsive. Furthermore, the betting hub adapts seamlessly to various screen sizes, ensuring a consistent user experience across devices.

Users enjoy access to an extensive list of sporting events, matches, and casino games with just a click. This approach keeps users informed and lets them easily engage with their chosen events and games.

Stake.com offers in-play betting, providing real-time odds and the ability to place bets as events unfold. Furthermore, the platform’s flexibility is evident in its odds format switch, demonstrating its commitment to accommodating diverse punter preferences.

The bet slip on the platform is designed for simplicity and efficiency. Users can effortlessly add, remove, adjust bets, and receive instant updates on potential winnings in real time to aid successful wagers.

Low latency ensures the platform’s swiftness, resulting in minimal delays when loading games and engaging in live sports betting.

Additionally, the platform provides a search feature and quick access to promotions, streamlining the user experience.

Should users require assistance, Stake.com offers an active live support system and an informative blog. These integrations contribute to a comprehensive wagering hub, enabling players to explore, bet, and participate in a wide range of activities seamlessly.

Customer Support

For players needing swift assistance on Stake.com, the customer support icon, situated at the lower-right corner, provides access to a comprehensive array of guides and frequently asked questions (FAQs).

To expedite the search process, there’s a search bar where players can input inquiry prompts. This feature filters the available guides and FAQs, making it easy for users to resolve their concerns efficiently.

For more personalized assistance, players can opt for the “Message” option to engage in a live chat with a human customer representative.

However, we experienced a delay of over 5 minutes before receiving a response from Aleksandar, a senior Live Chat agent.

While the response from the customer representative was detailed and helpful, the initial delay highlights that live chat might not be the best option for gamers seeking immediate assistance to resolve an issue.

In addition to live chat, players can submit detailed inquiries via Stake.com’s official support email address, social media platforms, and forums. Typically, the response time for email inquiries is within 24 hours after submitting a detailed message.

Conclusion

Our detailed review of Stake.com shows that the betting platform provides exceptional gambling opportunities for players.

Some of its notable features include sports wagering, promos, casino titles, free spins, deposit bonuses, no payout limits, competitive odds, and built-in Stake bonuses as rewards to punters.

The platform is a top choice for users seeking an anonymous platform for crypto betting. While digital assets are prioritized for deposits, the platform supports the Moonpay payment option to enable gamblers to purchase crypto assets for instant deposits.

Stake.com’s customer support also has a versatile knowledge base and a Live Chat option, providing detailed responses that solve customers’ issues.

With the integration of blockchain technology, the betting platform protects users’ assets and ensures wagers are fair and transparent to maintain an immersive online gambling experience.

From its intuitive interface, web-based versions, wide game selection, payment option, and reliable customer support team, Stake.com is a great choice for punters.

Visit Stake.com

Stake FAQs

What types of games can I play on Stake.com?

Stake.com offers over 1,000 casino games including 3,000+ slots, blackjack, roulette, baccarat, and live dealer games. It also covers bets on 40+ different sports.

Does Stake.com have a welcome bonus for new players?

No, Stake.com does not offer a traditional welcome bonus. However, active players can earn monthly and birthday bonuses.

What cryptocurrencies are accepted at Stake.com?

Stake.com accepts 20+ major cryptos including Bitcoin, Ethereum, Litecoin, Dogecoin, Ripple, Tether, and Binance Coin.

Can I play Stake.com on my mobile?

Yes, Stake.com has a web-based mobile site accessible on both iOS and Android devices. You can place bets and play casino games. It does not offer a dedicated mobile app.

Is Stake.com a licensed and regulated site?

Yes, Stake.com is licensed and regulated by the Government of Curacao. It holds a gaming license issued in Curacao.

What security features does Stake.com offer?

Stake.com uses SSL encryption, 2-factor authentication, and password-protected systems to keep user data secure.

How can I get in touch with Stake.com’s customer support?

Stake.com offers customer support via live chat, email, social media channels, and forums. Response times vary.

The post Stake.com Review: Crypto Gambling & Sports Betting Platform appeared first on Blockonomi.

In this article, we deep-dive into the DMarket platform, covering its key features, payment methods, security, usability, additional offerings, and several others.

Visit DMarket

Quick Verdict: DMarket is a robust virtual marketplace for trading gaming skins and items with good security, usability and customer support.

Quick Facts

DMarket Key Features

DMarket offers access to high-quality virtual items that enhance the metaverse experiences for fans and brands. The platform operates a cross-chain service where brands and their target audiences can connect in the virtual landscape. Given this core mission, DMarket offers access to some of the following features:

Marketplace

The Marketplace is the central feature of the DMarket platform. Home to most of the virtual items hosted on the cross-chain platform, the Marketplace is a service designed to facilitate the buying and selling of digital items like skins, knives, and several in-game items for popular games, including

• CS:GO
• Dota 2
• Team Fortress 2
• Nitro Nation, and more.

In-game items from Steam-powered games are also accessible on the DMarket platform.

For users having difficulty locating virtual items for their preferred game, DMarket provides the option to manually add the game. Gamers also have the opportunity to engage in item exchanges within the Marketplace.

Furthermore, the Marketplace is the go-to spot for accumulating multiple metaverses for

• Brands
• Influencers
• Video game companies
• eSports firms, etc.

Behind the scenes, the Marketplace boasts over 40 traditional payment methods, including bank transfers, credit/debit cards, and e-wallet solutions. Users can participate in live trades using the ‘Target/Bid’ button. These methods allow them to participate in a virtual auction event where the highest bidder walks away with the virtual item.

The Marketplace boasts a ‘Filter’ system that aids users in efficiently searching for specific items by name, price, exterior, color, unique items, phrase, or pattern.

F2F Market

F2F or Face2Face is another form of the marketplace on DMarket that works principally for the Steam gaming platform. It facilitates the trading of skins within the service, allowing users to buy virtual items from fellow Steam players and have them delivered directly to their accounts. Players only need to connect their Steam account and begin interfacing with others in a peer-to-peer (P2P) manner.

The F2F Market is a viable marketplace for users to trade in their virtual items for cash. At a glance, the DMarket functions as an intermediary, ensuring that both transacting parties adhere to the tenets surrounding the trade.

The F2F Market comes with the ‘Filter”’ option for identifying specific trading needs and the ‘Rare Detect Feature,’ allowing Steam players to trade unique items. There is also a live feed wall that captures top transactions on the F2F Market.

Explorer

DMarket recognizes the need for on-chain data in the global metaverse and meets this need by aggregating its activities through a specialized ‘Explorer’ platform. This gives companies, brands, and organizations a useful tool to take advantage of the inherent potential in the global metaverse landscape.

This feature works like a search engine, allowing users to search for crypto wallet addresses, tokens, transaction hash, or blockchain numbers.

On DMarket’s Mythical Explorer, users can go through a run-down of total transactions and total smart contracts (bits of computer code that operate independently) created.

Brands using the Explorer can collect additional data, such as non-fungible token (NFT) trading activities, account information, and insights into the underlying blockchain. The ‘Explorer’ platform also provides a status update for each block.

Additional DMarket Features

The Ukrainian metaverse startup also boasts several additional features, including the DMarket Trading application programming interface (API).

The DMarket Trading API is JavaScript Object Notation (JSON) based and enables players to enhance their skins trading experience through a variety of API methods. This feature proves particularly beneficial for users engaged in high-volume trading, allowing them to automate bulk trades efficiently through preset algorithms. Consequently, this eliminates the need to buy and sell each skin manually on the platform.

The DMarket Trading API includes advanced targets such as float, phase, and pattern parameters. These sophisticated elements contribute to a more streamlined and efficient bulk trading experience for players.

Welcome Bonuses

There are not currently and ongoing welcome bonus for new users, although it was previously on offer.

When active, the welcome bonus rewards new users with an initial deposit of $50 or more. Typically, these rewards were disbursed within a 48-hour, offering users a choice between receiving free skins or DMarket gift cards based on the initial deposit amount.

Payment Methods

The DMarket platform comes with a robust payment mechanism spanning 40+ offerings. This includes both traditional payment methods and crypto assets. However, the payment methods are region-dependent; some of the traditional ones may be unavailable in certain regions.

For users who plan on funding and making withdrawals through regular payment methods, DMarket supports:

• Bank transfer
• American Express
• Credit/debit card
• Rapid Transfer
• Skrill
• Neteller
• G2A Gift Cards
• And Steam cards like Kinguin

For crypto assets, DMarket supports a total amount of 13+ digital assets. These include:

• Bitcoin
• Ethereum
• Solana
• Tron
• Tether (ERC-20)
• Tether (TRC-20)
• Stellar
• Nano
• USDC
• Litecoin
• Bitcoin Cash
• VGX
• Shiba Inu

Each payment method comes with minimum and maximum deposits, and players are advised to pay the stipulated amounts on the deposit page.

Security

Security is a top priority for DMarket, ensuring a secure and dependable user environment. During account creation, gamers are not required to provide personal details like a phone number or registered ID.

Users can effortlessly create an account and engage in anonymous trading of virtual goods with just an email address and password.

However, some deposit and withdrawal methods require gamers to pass know-your-customer (KYC) verification.

The platform implements optimal security practices to safeguard user accounts, transactions, and personal information. Notably, DMarket incorporates two-factor authentication (2FA), adding an extra layer of security by requiring users to undergo a secondary verification step.

Gamers can also leverage the platform’s two-factor IP authentication integration. This feature requires customers to confirm their sign-in and login activities when accessing their account from a new IP address.

Furthermore, advanced encryption protocols are employed to secure data transmission and storage, safeguarding sensitive information from unauthorized access. The platform continuously monitors and provides security updates to stay ahead of evolving cyber threats.

In an effort to bolster user security, DMarket educates its user base on security best practices, raising awareness about potential risks and offering guidance on protective measures. Additionally, the platform adheres to strict internal controls and compliance measures to meet regulatory standards.

By prioritizing user safety through robust security measures, DMarket aims to foster trust and confidence among its community, creating a secure environment for virtual item trading and transactions on its platform.

Mobile Offering

For users who enjoy trading on the move, DMarket provides a mobile app designed for both iOS and Android users. The mobile app replicates the extensive game library available on the desktop version, ensuring a consistent and optimized experience on smaller screens.

Featuring an intuitive navigation experience, the mobile app incorporates large blocks, search filters, and categories to simplify the search for specific games or items. This user-friendly design enhances the overall experience, making it easier for users to explore the diverse offerings on the platform.

Alternatively, users who prefer not to download the app can access DMarket’s services through their mobile device’s web browser. This flexibility accommodates gamers with different preferences, allowing them to engage with the platform without additional downloads.

Whether gamers opt for the app or the browser version, DMarket ensures a smooth and responsive mobile interface that merges the dynamic nature of gaming and trading on the go.

Usability

The DMarket desktop platform offers an aesthetically pleasing and well-designed interface featuring a sleek color scheme that enhances text visibility. The intuitive menu system efficiently categorizes different virtual in-game options, which helps to minimize the time spent searching for specific features.

DMarket also features a seamless filtering system to enable players to add their favorite items for quick access.

Highlighted sections for popular and new games contribute to an engaging user experience on DMarket. The platform’s diverse selection of game developers ensures users find a preferred style or aesthetic, while the smooth graphics enhance the overall gaming experience.

To facilitate efficient transactions, DMarket supports popular withdrawal methods like Payoneer, PayPal, and Skrill, ensuring a quick process that takes only minutes.

The site’s overall speed promotes easy navigation, with additional features enabling users to swiftly adjust language, check account statistics, and update account balances. The inclusion of educational resources and customer support further enhances the usability, providing valuable assistance to both new and experienced traders.

While DMarket exhibits overall strong usability, continuous updates could further elevate the platform’s user interface and experience, ensuring it remains at the forefront of the evolving game-items trading landscape.

Customer Support

DMarket offers robust customer support services, enabling gamers to have a smooth and satisfactory experience. The game items hub provides multiple channels for users to seek assistance and address their concerns promptly. These include:

• A bot-powered Live Chat
• Email support
• Social media channels like X (formerly Twitter) and Telegram bot.

To remain unbiased and authentic, we sent an inquiry about ‘deposits’ via DMarket’s Live Chat and received a response in less than two minutes.

Similarly, an email query seeking guidance on navigating item purchases garnered a response within six minutes. The clear and concise guidance provided proved valuable in resolving the purchase issue.

Furthermore, DMarket offers a comprehensive FAQ section, addressing common queries and providing users with self-help resources. This enables users to find solutions to their questions independently.

The platform’s commitment to gamers’ satisfaction is evident through its multi-channel approach, catering to diverse user preferences and needs.

Conclusion

Overall we found that DMarket is a comprehensive hub for virtual in-game item trading that delivers an interactive hub for game players to interact and purchase their favorite tools.

From an intuitive interface, an extensive library of items, mobile offerings, comprehensive navigation and filtering system, DMarket caters to every gamer’s needs.

The platform’s commitment to security is evident through advanced encryption protocols that safeguard user data, transactions, and mobile applications, highlighting its commendable usability.

We were particularly impressed with the platform’s customer support services, including email, live chat, and an informative FAQ section, which provides customers with a seamless experience.

To enjoy all these  features, simply sign up on DMarket today and find your favorite gaming items seamlessly.

Visit DMarket

FAQs

What can I trade on DMarket?

You can trade skins, knives, and other in-game items from popular games like CS:GO, Dota 2, Team Fortress 2, and more. Steam-powered game items are also available.

What payment methods does DMarket support?

DMarket supports over 40 traditional payment methods like bank transfer, credit cards, e-wallets, and 13+ cryptocurrencies such as Bitcoin, Ethereum, and USDC.

Is DMarket secure to use?

Yes, DMarket implements strong security measures like 2FA, IP authentication, encryption protocols, and security best practices education for users. No personal details are required to create an account.

Does DMarket have mobile apps?

Yes, DMarket offers mobile apps for both iOS and Android. The apps provide an intuitive interface to search, filter and trade items on the go.

What customer support options are available?

DMarket provides customer support via live chat, email, and social media channels. Responses are fast and they also have a comprehensive FAQ section.

The post DMarket Review: Marketplace for Virtual Gaming Items – Is it Legit? appeared first on Blockonomi.

Even though Terra blockchain has since been renamed Terra Classic, investors remain enthusiastic about the protocol’s vision. This guide will explore how to buy Terra Classic and how the project maintains price and censorship stability.

Binance: Reputable Exchange with High Liquidity

Binance is the largest cryptocurrency trading exchange in daily trade volumes. The exchange offers investors full access to trade over 600 crypto assets.

The renowned platform also features a well-detailed learning curve and advanced trading tools that support well-experienced traders and investors looking to learn how to buy different cryptos. Although Binance features a user-friendly interface that facilitates a great user experience, it is more suited for well-experienced traders.

Read: Our Full Binance Review Here

Binance has a minimum deposit of $10. This enables investors to kickstart their investing journey with low fees. Investors can also initiate deposits through seamless payment methods like wire transfers, credit/debit cards, peer-to-peer (P2P) payments, and other e-wallet solutions.

Binance deposits come with a fee that varies based on the payment method used. For instance, the global exchange charges a standard fee of up to 4.50% for all deposits made with a debit/credit card.

All investors enjoy very low fees when trading on Binance, as it charges a standard trading fee of 0.1%. For investors that buy using Binance token (BNB), a discount of 25% on trading fees will be applied.

In addition, investors can rest assured that their funds and data are well protected whenever they trade on Binance. The broker features top-notch security measures like two-factor authentication (2FA), cold storage to keep most coins, whitelisting, and advanced data encryption to protect funds and data. Binance functions effectively in over 100 countries and has a spin-off regulated platform (Binance.US) that tends to US-based traders and investors.

Pros

• Trading fees at 0.01%
• High liquidity
• Wide range of payment methods
• 600+ crypto assets in library

Cons

• Interface is suited for advanced traders
• US-based customers cannot trade most coins via its subsidiary

Visit Binance

KuCoin: Exchange With Lots of Listings

KuCoin is one of the world's oldest and most popular crypto exchanges. The Seychelles-based broker is one of the most notable names in the market for traders who desire access to derivatives products to speculate in the market.

Currently, KuCoin provides access to over 600 cryptocurrencies. Besides trading and investing, the exchange allows investors to save, stake crypto, and even participate in Initial Exchange Offerings. With KuCoin, investors have an all-encompassing crypto hub.

Read: Our Full Kucoin Review Here

Like many brokers in its class, KuCoin could appear too overwhelming for beginners. The exchange is more suited for advanced traders who want to speculate and trade sophisticated products. So beginners might have some difficulty making use of it.

Despite this, investors could gain many benefits from trading with KuCoin. The broker has a low minimum balance of $5, with deposits available via major fiat currencies, peer-to-peer (P2P) transfers, and a few credit card options.

As for trading fees, KuCoin users pay 0.1% in fees. But the fees could decrease based on an investor's 30-day trading volume and ownership of the company’s KCS token.

Security on KuCoin is also impressive. The system uses bank-level encryption and security infrastructures to protect users’ coins and data. KuCoin also has a specialized risk control department to enforce strict data usage policies.

Pros

• Discounts available on trading fees
• Extensive staking functionalities
• Quick P2P trading system
• Anonymous trading available
• Low minimum balance

Cons

• No bank deposit option

Visit Kucoin

Gate.io: Solid Platform With Lots of Coins

Gate.io is a cryptocurrency trading site that aims to offer its members an alternative to the exchanges currently dominating the market.

The site has been in operation since 2017 and aims to capture a portion of the cryptocurrency trading market by offering its users hassle free access to a number of hard to find coins and up and coming projects.

The site is also designed to help investors find specific information related to both their preferred coins and overall market trends.

Read: Our Full Gate.io Review Here

Trading mostly takes place on a web-based trading platform that is similar to most cryptocurrency exchanges. The site incorporates a number of functional features such as an order book, trading history, and charting.

Pros

• A wide range of currencies
• A low fee structure
• Simple registration process
• Functional platform with a mobile app available

Cons

• Unregulated
• The team is not very transparent
• No fiat currency transfers

Visit Gate

What Is Terra Classic? 

Terra Classic is a blockchain protocol founded in 2018 by Daniel Shin and Do Kwon of Terraform Labs. The project aimed to speed up the adoption of blockchain technology and cryptocurrency by addressing volatility.

To achieve this price stability vision, the Terraform Labs team launched UST, the industry’s first algorithmic stablecoin. Other algorithmic stablecoins created include the South Korean Won, Mongolian Turik, and the International Monetary Fund’s Special Drawing Rights (SDR).

UST was designed to be pegged, one-to-one, to the US dollar. The Terra blockchain also created the infamous network token, LUNA, to keep its peg. When UST prices fall below one dollar, a certain amount of LUNA is minted to ensure it repegs.

The Avalanche of Troubles

Terra’s innovative price stability mantra could only last so long….

Everything came down to TerraUSD, an algorithmic stablecoin (UST). Because there is no physical fiat reserve backing UST, it is unlike any other stablecoin on the market.

To maintain its stability, it relies on arbitrage mechanisms. When it depegs or loses its dollar valuation, a certain amount of its LUNA token is sold, resulting in a demand contraction for the UST peg.

The blockchain began to fall in May 2021, when the UST stablecoin’s value dropped from $1 to $0.96 in a one-week period, providing traders with a lucrative arbitrage opportunity.

Terraform Labs launched the Luna Foundation Guard to prevent a future occurrence (LFG). As a reserve for its UST stablecoin, LFG purchased a then-record amount of $3.5 billion in Bitcoin and the AVAX token.

However, during the May 2022 bear market, the UST token and LUNA fell significantly.

After learning that its yield-generating protocol, Anchor, was reversing its promised 20% annual percentage yield (APY), UST depegged from $1. To stanch the fall, billions of LUNA tokens were minted, resulting in hyperinflation and market saturation. Furthermore, the LFG liquidated all of its crypto holdings, precipitating a much steeper decline in the emerging industry.

Terra blockchain decided to create a hardfork similar to the infamous Ethereum split due to the shortfall. Terra 2.0 would be the name of the new smart contract network, while Terra Classic and Luna Classic would be the names of the failed experiments.

Use Cases

Does Terra Classic’s tumultuous history make it any less useful? Absolutely not. Terra Classic maintains its position as a smart contract network while also resisting censorship. Developers can use it to create decentralised applications (dApps) to meet the market’s rising demand.

While its stablecoin is nowhere near its $1 peg, the LUNC remains one of the market’s most well-known cryptocurrencies.

The native token still has a market cap of more than $3 billion.

Partnerships

Terra Classic was once a cryptocurrency darling. Several traditional tech companies and crypto companies were collaborating on projects.

Terra announced a partnership with Chia, a South Korean mobile payments company, in July 2019. In the same year, Terra announced that its Terra Alliance group of companies was working to seize a significant share of the rapidly expanding cryptocurrency market. The alliance included ten major corporations with a combined net worth of $25 billion.

How Does Terra Classic Work?

Terra Classic is not different from its split second. It is primarily a smart contract network platform that serves as a testing ground for dApps and other decentralised ecosystems.

How do its stablecoin and native token interact with one another? As previously stated, TerraUSD is an algorithmic stablecoin that requires a secondary token to keep its peg. This is accomplished by minting and burning LUNA tokens using arbitrage mechanisms.

To purchase one UST, an investor must mint it, and the purchase rate is then added to the LUNA token. The Terra Classic blockchain then burns or permanently removes the addition from circulation. This repeated burning of LUNA reduces the amount of it available on the open market, causing its price to rise.

To purchase or mint LUNA, a user must first convert the UST stablecoin. This creates a counter-balance for both digital assets.

Arbitrageurs, or traders who profit from small price changes, are essential to the Terra Classic network’s operation. They ensure that the equilibrium is maintained. If the price of UST falls below $1, they sell LUNA for the stablecoin, and if it rises above $1, they buy UST for LUNA. They introduce a kind of forced scarcity of cryptocurrencies by doing so.

Is Terra Classic a Good Investment?

So much has happened in the Terra ecosystem. Is Terra Classic still a good buy?

Code is law

The current standoff between Terra Classic and Terra blockchain is reminiscent of the 2016 Ethereum split. Since then, a few die-hard code maximalists have kept the Ethereum Classic running; it still commands a significant percentage of the crypto market.

Investing in Terra Classic may be a viable way for users who believe in the code’s supremacy to ensure its continued survival.

Potential Supply Reduction

Since the debacle in May 2022, the Terra Classic community has not been idle. While Do Kwon has left Terra Classic to focus on Terra 2.0, the Terra Classic community has remained strong.

There is a growing belief that Terra Classic’s LUNC will reclaim some of its former glory. This comes in response to a community proposal submitted on September 1. The author advocates for a 1.2% tax parameter change in it.

The plan is to reduce the number of LUNC tokens in circulation to create a supply crunch and increase the token’s value. If this passes the community vote, investors may be in possession of a crypto gem.

How to Buy Terra Classic on eToro

We recommend that traders invest in Terra Classic through the eToro platform. Why? The multi-asset brokerage firm has a communal nature. eToro was founded in 2007 to promote investment in stocks, bonds, commodities, FX currency pairs, and various other assets.

Since then, the broker has shifted its focus to the crypto space, commanding a sizable library of 75+ cryptocurrencies.

Its social climate has helped it become one of the top destinations for its 23.3 million users. Because eToro is a social trading platform, investors can communicate, interact, and learn from one another. CopyTrader is also available on eToro. This means that users can mimic their counterparts’ trading strategies and positions while only paying a small fee. This enables inexperienced investors to learn about the underlying asset and financial market while still making a reasonable profit.

eToro also has a CopyPortfolio feature. This allows users to spread their investments among top-performing companies. This feature automatically balances the investor’s investment portfolio.

eToro has one of the lowest fees in the crypto space, charging users only a 1% bid-ask spread. All of its payment channels have no deposit fees. On the other hand, withdrawals are charged $5 across all payment methods.

eToro offers the well-known two-factor authentication (2FA) and masking technology to protect users’ funds. The Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC), and the Financial Industry Regulatory Authority (FINRA) all regulate eToro.

Because Binance has announced the discontinuation of the Shuttle Bridge between the Ethereum network and the Binance Smart Chain (BSC), only a few exchanges support the LUNC token. As a result, eToro is a viable option for those interested in investing in LUNC.

Traders seeking how to buy Terra Classic can follow these detailed steps to purchase Terra Classic on eToro:

Register on eToro

First, open an eToro account. Go to the official eToro website and click the ‘Start Investing’ button on the homepage. Insert the necessary information: full name, email address, and password.

eToro allows users to sign up using their Google, Apple, or Facebook accounts for a more streamlined sign-up process.

Verify ID

Because eToro is regulated, all new accounts must verify their identity before trading on the platform. To verify, tap the profile icon and select ‘Verify’. Submit or upload a copy of a recent driver’s license that includes the full name as it appears on the eToro platform, or upload an official passport. A document containing a residential address should also be uploaded. This can be a bank statement or a recent utility bill that includes the address. This is referred to as proof of address.

Deposit

The following step is to fund the new eToro account. Tap the action tab and select ‘Deposit Funds’ from the list of functions. Then, choose a payment method. eToro does not charge fees for deposits made through any of its payment channels, and users can fund their accounts via bank wire transfer, credit/debit cards, PayPal, Skrill, Neteller, and various other methods.

Enter the amount to invest. eToro has a regional minimum deposit requirement. eToro allows investors in the United States and the United Kingdom to get started with as little as $20.

Buy Terra Classic

The last step is to buy Terra Classic. The quickest way is to type ‘LUNC’ into the search bar at the top of the dashboard and click on the appropriate result.

Tap ‘Trade’ in the upper right-hand corner and enter the amount of the token to buy. Then, click ‘Open Trade’ to finish the process.

Conclusion

Terra Classic remains one of the top crypto dogs despite its historical decline. Investors who are code maximalists can still buy Terra Classic to preserve its code base. Investors looking for an undervalued crypto gem can also buy the asset.

We recommend that investors seeking how to buy Terra Classic use eToro. The social trading platform provides mirror trading capabilities, allowing investors to mimic the trades of more experienced traders. The CopyPortfolio functionality, which automatically diversifies one’s investment, is even more unique. With a competitive trading fee of 1% and a zero deposit fee structure, eToro is a popular choice for many.

Luna Classic FAQs

Where can I buy Terra Crypto?

Terra crypto is available on several cryptocurrency exchanges. Binance, Coinbase, and eToro are some popular examples. To get started, newly opened accounts must verify their ID and fund with the stipulated minimum amount.

Can you buy Terra Classic on Binance?

Binance accepts LUNC purchases on its platform. However, investors who rely on the Shuttle Bridge can no longer access Terra Classic on Binance.

Can I buy Luna on Coinbase?

Yes, the Terra 2.0 token, LUNA, is available to trade on Coinbase. New users need to verify their Coinbase account by uploading either a driver’s license or a government-issued ID card. A small minimum deposit of $2 is required to get started on the Coinbase platform.

How do I get LUNC Crypto?

Investors must create a new account on the chosen platform. Then they must verify their driver’s license or official passport and fund their account with a predetermined amount. After that, investors can trade the LUNC cryptocurrency.

The post Where to Buy Terra Classic (LUNC) Crypto: Beginner’s Guide appeared first on Blockonomi.

As a result, Ethereum has moved from being a highly carbon-intensive platform into a clean proof-of-stake (POS) network. While many developers have welcomed the shift, some believe that proof-of-work (PoW) is a more secure platform. This led to the creation of the Ethereum Proof-of-Work, otherwise known as Ethereum PoW.

This article discusses what the Ethereum POW is and where and how to buy the ETHW crypto token.

Kraken: Top Crypto Platform with High Liquidity

Founded in 2011, Kraken is one of the oldest and most popular cryptocurrency exchanges currently in operation.

The exchange has built a reputation as being a secure destination for anyone interested in trading cryptocurrencies and it is also a popular choice for both traders and institutions across a variety of locations.

Read: Our Full Kraken Review Here

Kraken retains an international appeal and provides efficient trading opportunities in numerous fiat currencies. Kraken is also the current world leader in terms of Bitcoin to Euro trading volumes.

Kraken is most well known for its Bitcoin and Ethereum to cash (EUR and USD) markets; however a wide range of both fiat and cryptocurrencies are tradable on the platform

Pros

• Dedicated service for institutions
• Great for beginners to use
• High trading liquidity

Cons

• The lengthy ID verification process

Visit Kraken

Bitfinex: A Trusted Exchange

Based in Hong Kong, Bitfinex is owned and operated by iFinex Inc - a financial services company that also owns Tether Limited, the issuer of the USDT stablecoin. The broker is popular for having one of the most liquid order books in the market, ensuring that users looking to buy and sell crypto have no trouble getting it done.

Like many other top brokers, Bitfinex offers a versatile platform for anyone looking to enter the crypto market. Investors can buy and trade crypto, stake cryptocurrencies, and lend their coins to earn returns.

Read: Our Full Bitfinex Review Here

Ease of use is impressive on Bitfinex, with the broker combining an intuitive platform with a low deposit threshold. Deposits on Bitfinex can be made through direct crypto transfers, wire transfers, and card payments. Card payments are processed through a third party, so investors might have to pay more fees.

Besides its trading interface, Bitfinex provides easy access to services like margin trading, derivatives offerings, and lending. Investors looking to make high-volume purchases can use Bitfinex’s OTC trading service, while those looking for low-risk gains can use the broker’s staking protocol.

Bitfinex uses a maker-taker fee structure for its trades. The fees range between 0% and 0.2%, with fees reducing as investors' order volumes increase. Also, the exchange doesn’t charge any fees for large orders through its OTC desk. Bank wires incur a 0.1% fee for deposits and withdrawals - although expedited withdrawals carry a charge of 1%. Crypto withdrawals incur a small fee, depending on the coin being withdrawn.

The exchange protects user funds and data using 2FA, advanced API key permissions, and the storage of 99% of funds in cold storage.

Pros

• Easy-to-use interface
• Impressive staking protocol for PoS coins
• Highly liquid order book
• High leverage for derivatives trading
• Unlimited withdrawals

Cons

• Higher costs for card transactions

Visit Bitfinex

What is EthereumPoW (ETHW)?

EthereumPoW is a clone of the proof-of-work (PoW) blockchain used by the Ethereum network before the switch to a proof-of-stake (PoS) consensus algorithm.

The platform preserves the functionality of the Ethereum network before its switch to PoS. Some members of the mining communities who cannot profit from Ethereum’s new protocol support EthereumPoW.

The native token of the blockchain, ETHW, can be used to buy products and services from decentralised applications (dApps) created on the platform. The token is also useful to cover network transaction costs and receive rewards for mining to secure the protocol.

Info On Project

Ethereum switched from a so-called proof-of-work system to a proof-of-stake mechanism to conserve energy and secure the network. However, a section of the blockchain’s legacy computing operations declined to take part in the software update known as the Merge.

A team of miners led by Chandler Guo opposed Ethereum’s transition to a more energy-efficient network security method, claiming that Ethereum 2.0 will make crypto miners obsolete. Guo is a seasoned Ether miner and major supporter of Ethereum Classic, another PoW fork of Ethereum.

Holders of ETHPoW are certain that the coin and its ecosystem will stay out of any legal trouble the new Ethereum will encounter. According to Gary Gensler of the SEC, the staking features of the latest version of Ethereum could qualify it as a security under the Howey Test.

For now, only a few exchanges support ETHW, the native token for the EthereumPoW network. On these exchanges, individuals can trade, and the token is offered for spot trading on platforms like FTX, ByBit, Kraken, and BitMart.

Along with the mainnet launch, the EthereumPoW team sent an update advising users of some adjustments and updates. There have been more than 1.7 billion transactions since the launch. Also, the total number of addresses holding ETHW now stands at about 254 million.

Use Cases

Many projects have declared support for the EthereumPOW network since its introduction. Uniswap V3, MetaMask, DefiEdge, other decentralised wallets, decentralised exchanges, and other Web3 systems are some of these projects.
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Mining pools that had previously mined on other networks when Ethereum transitioned to a proof-of-stake algorithm have now started mining ETHW. With the mining pool accounting for 41.7% of the known hash rate, F2pool and others have begun directing resources toward the token.

How Does EthereumPoW Work?

A few hours after Ethereum successfully migrated to the PoS consensus method algorithm, anonymous developers forked the Eth blockchain and introduced the EthereumPoW token. It utilises the Proof-of-Work mechanism (mining) and functions similarly to how Ethereum did previously.

The underlying algorithm used by proof-of-work blockchains determines mining operations’ rules and difficulty level. The “work” itself is mining. It involves adding legitimate blocks to the chain. Computers must solve cryptographic puzzles as proof of work to be compensated with the capacity to validate blockchain transactions. It’s similar to competition and is known as bitcoin mining. It operates on the concept that one can fend off a malicious attack and confirm the authenticity of a transaction by using a lengthy string of letters and numbers, known as hashes.

The proof-of-work algorithm that Ethereum’s mainnet has used since its creation will be maintained in ETHPoW. Although the scheduled difficulty bomb was intended to make it impossible to mine on the PoW chain, ETHPoW has continued to be mined by mining pools.

The ETHPoW fork, which has a similar transaction background as the main Ethereum network, will begin producing its blocks upon activation of the Merge upgrade. The pre-Merge state of the Ethereum network acts as the initiation point for the PoW merge, meaning all token smart contracts and balances will also be brought over.

Therefore, everyone who now has ETH on-chain will end up with an identical amount of ETHW on the ETHPoW chain. Only the PoW fork will have native ETHW, a completely distinct asset from the original Ethereum token (ETH).

With ETHW originally forking the Ethereum blockchain, the chain would start with the same circulating supply as proof-of-stake Ethereum. The currency supply of the two chains would diverge, though, because the post-Merge Ethereum will have a considerably lower inflation rate than its current PoW version. As a result, the supply of EthereumPoW will increase more quickly than Ethereum on PoS if mining continues.

Is ETHW a Good Investment?

The creation of ETHW by the community ensured that miners could continue to operate and prevent it from becoming outdated. Ethereum founder Vitalik Buterin claimed that those promoting the hard fork are only “trying to make a quick buck.” However, some notable personalities in the cryptocurrency ecosystem, like Justin Sun and Chandler Guo, have expressed support for the fork chain.

Before making an ETHW investment, keep the following in mind:

• Speculative Value: Reputable crypto projects have backed the new PoS chain and the Ethereum Foundation. While ETHW is not yet widely accepted like the classic Ethereum, several projects already support the chain, which could lead to more value increases.
• Volatility: Ethereum is the second-largest cryptocurrency by market capitalization; this liquidity promotes a stable market. The market value and trading volume of ETHW are much lower. Any coin with a low trading volume is vulnerable to manipulating the market and experiencing higher volatility.
• Exchange Listings: Digital assets are listed on exchanges according to their demand and security. If coins and tokens are regarded as secure and make money from heavy trade, they are more likely to stay listed. However, the exchange may delist the asset if the trading activity falls below a necessary profit margin. However, ETHW is currently tradable on several crypto exchanges, including Kraken, FTX, Poloniex, Gate.io, MEXC, Huobi, etc. This shows there is a growing demand for the digital asset.

How to Buy EthereumPOW on Kraken

Investors’ interest in buying EthereumPOW will continue to rise as more people understand how it works. Buying ETHW is straightforward and can be completed with these few steps:

Register an Account

First, users should visit the Kraken site, click “Create Account,” and register by providing a username, email address, and password. Next, click on the verification email sent as part of the registration process.

Verify

Once users have signed up, they must go through account verification in adherence to the platform’s KYC requirements. For example, to get “Starter Level” verification status, a trader will need to provide a name, email address, physical address, and phone number.

The “Starter” verification procedure is automated and normally takes less than one hour.

Once traders are verified, they can access the overview section of their trading dashboard to click on “Buy” to make their first crypto purchase. First, however, they will have to fund their account before they can buy any digital asset.

Deposit Funds

Traders can fund their Kraken account using a credit or debit card, bank account, and cryptos.

The navigation bar lets traders move between features on the Kraken account dashboard. Traders must click “funding” to make a deposit into their account and select their preferred payment method.

Buy ETHW

Customers should return to the website and place their first order after receiving notification from Kraken that their cash has arrived. Select “Trade” then click “New Order” from the menu. Users can create customised orders by choosing “Simple” or “Advanced.”

Only two input fields are available for users if they select the “Simple” option: volume and Amount. Purchasing cryptocurrency at market value is the simplest method. Enter the desired amount for buying the “ETHW/USD” pair. An estimate of the total cost of the order is shown on the right side of the page.

EthereumPOW FAQs

Will Coinbase support ETHW?

ETHW is not supported by Coinbase right now. However, the crypto exchange stated that following The Merge, if an ETH PoW fork occurs, this asset will be reviewed with the same scrutiny as any other asset listed on their exchange. Therefore, there might still be future support for the digital asset.

What is Ethereum PoW?

EthereumPoW is a clone of the proof-of-work (PoW) blockchain used by the Ethereum network before switching to a proof-of-stake (PoS) consensus algorithm. The mining communities that cannot profit from Ethereum’s new protocol support EthereumPoW because it preserves the functionality of the Ethereum network before its switch to PoS.

Can you mine proof-of-stake?

Proof of stake cannot be mined. For proof of stake, validators are chosen at random to verify blocks of information and confirm transactions. Instead of employing a competitive rewards-based approach like proof-of-work, this system randomly selects who is eligible to receive fees. Proof-of-stake blockchains enable networks to run with significantly reduced resource consumption since they do not require miners to expend electricity on redundant processes (competing to solve the same puzzle).

Which coins use proof-of-stake?

Proof-of-stake (PoS) is a consensus mechanism for blockchain networks, and some coins that use this mechanism include Ethereum (ETH), Cardano (ADA), Solana (SOL), Tezos (XTZ), Algorand (ALGO), etc.

The post Where to Buy Ethereum PoW (ETHW) Crypto: Beginner’s Guide appeared first on Blockonomi.

Prosper is a blockchain-prediction market that enables individuals to predict outcomes of events and earn rewards. This beginner’s guide details how to buy Prosper in minutes and why it is a worthy investment option.

Binance: Reputable Exchange with High Liquidity

Binance is the largest cryptocurrency trading exchange in daily trade volumes. The exchange offers investors full access to trade over 600 crypto assets.

The renowned platform also features a well-detailed learning curve and advanced trading tools that support well-experienced traders and investors looking to learn how to buy different cryptos. Although Binance features a user-friendly interface that facilitates a great user experience, it is more suited for well-experienced traders.

Read: Our Full Binance Review Here

Binance has a minimum deposit of $10. This enables investors to kickstart their investing journey with low fees. Investors can also initiate deposits through seamless payment methods like wire transfers, credit/debit cards, peer-to-peer (P2P) payments, and other e-wallet solutions.

Binance deposits come with a fee that varies based on the payment method used. For instance, the global exchange charges a standard fee of up to 4.50% for all deposits made with a debit/credit card.

All investors enjoy very low fees when trading on Binance, as it charges a standard trading fee of 0.1%. For investors that buy using Binance token (BNB), a discount of 25% on trading fees will be applied.

In addition, investors can rest assured that their funds and data are well protected whenever they trade on Binance. The broker features top-notch security measures like two-factor authentication (2FA), cold storage to keep most coins, whitelisting, and advanced data encryption to protect funds and data. Binance functions effectively in over 100 countries and has a spin-off regulated platform (Binance.US) that tends to US-based traders and investors.

Pros

• Trading fees at 0.01%
• High liquidity
• Wide range of payment methods
• 600+ crypto assets in library

Cons

• Interface is suited for advanced traders
• US-based customers cannot trade most coins via its subsidiary

Visit Binance

Gate.io: Solid Platform With Lots of Coins

Gate.io is a cryptocurrency trading site that aims to offer its members an alternative to the exchanges currently dominating the market.

The site has been in operation since 2017 and aims to capture a portion of the cryptocurrency trading market by offering its users hassle free access to a number of hard to find coins and up and coming projects.

The site is also designed to help investors find specific information related to both their preferred coins and overall market trends.

Read: Our Full Gate.io Review Here

Trading mostly takes place on a web-based trading platform that is similar to most cryptocurrency exchanges. The site incorporates a number of functional features such as an order book, trading history, and charting.

Pros

• A wide range of currencies
• A low fee structure
• Simple registration process
• Functional platform with a mobile app available

Cons

• Unregulated
• The team is not very transparent
• No fiat currency transfers

Visit Gate

What Is Prosper (PROS)?

Prosper (PROS) is a non-custodial prediction and hedging market platform. The platform is decentralised and operates as a cross-chain prediction market that allows users to predict the values of various outcomes of events. Prosper proffers solutions to the lack of liquidity in the decentralised finance (DeFi) ecosystem through the integration of unique binary models of liquidity provisions.

This innovative platform uses Chainlink to avert market manipulation and ensure transparency and security for all users’ data and funds. Chainlink is a decentralised oracle network that provides off-chain resources to the blockchain to create a hybrid smart contract. This helps to determine the final price value of a set prediction market.

Furthermore, Prosper runs on the Binance Smart Chain (BSC) mainnet. Due to its decentralisation, the platform operates as a non-custodial market with no control over user’s wallets or predictions.

The Prosper project consists of the following products:

Prediction Pools

Prosper consists of pools that feature single prediction markets. Each pool has two sides, that is, the bulls and bears. Users will be allowed to create their custom prediction pools; however, they will need to hold PROS tokens.

Liquidity Program

Prosper generates liquidity from liquidity providers (LPs) to fill its smart contract pools. For every pool that bets are not proportionally matched, LPs automatically provide funds in exchange for platform fees (in PROS tokens).

The PROS Crypto

PROS is a utility token of the Prosper platform. The token is deployed on the ERC-20 standard of the Ethereum blockchain, with a market cap of $19.9 million. The PROS token powers all transactions and interactions in the platform’s ecosystem and is also used for governance, creating custom prediction pools, commission rate discounts, prediction insurance, and many more.

The Prosper project has partnered with the world’s brightest companies to deliver robust user experience, mutual success, and stronger solutions for all customers. These companies include Microsoft, SAP, Adobe, IBM, CGI, Deloitte, and many more. As a result of being acquired by Animoca Brands, as well as its rich partnerships, crypto enthusiasts believe PROS will grow exponentially and is capable of scaling past its all-time high of $9.39

What Can You Do With PROS?

Custom Pool

Users can use PROS to create custom pools and set their own conditions, including a custom treasury rate.

Governance

As earlier stated, PROS can be used for governance. This means that holders of this token can participate in activities in the ecosystem, including decisions on the platform via decentralised autonomous organisation (DAO) structures. Even better, they can vote on new updates, features, projects, roadmaps, and many more.

Staking

Staking is rightfully gaining momentum in the crypto market. PROS token holders can generate interest (passive income) by staking. Exchanges like Binance allow you to stake your PROS token and enjoy yield rewards (paid back in $PROS)

How Does Prosper Work?

Prosper is a decentralised platform based on the Binance Smart Chain network. This platform works on the logic of smart contracts and features a pool system which runs as an operational model. This model enables Prosper to generate 168 prediction pools daily on the BSC network, allowing users to place predictions for BNB and ETH on the pools. Users must place a custom value on each pool to predict the correct outcome, asset value, or event.

Adding to its unique functionality, Prosper platform utilises a special liquidity provision to provide standard availability of assets in the pool by using prediction markets to validate the results of each prediction.

Prosper does not limit users to predictions only. According to its website, users who own PROS tokens can build pools embedded with their own customised conditions. Prosper uses PROS tokens to create pools which stand as insurance against predictions and set rewards. Ready to place your first prediction on Prosper and win great rewards?

Users will need to connect to the decentralised application with their Metamask wallet using the Binance Smart Chain mainnet. Next, select the currency you want to place a prediction on, for example- BNB/AXS. Select ‘Bull’ or ‘Bear’ against the trading pair you’ve chosen to make a prediction about, once done, confirm your position. Once the prediction pool is closed, users are eligible to claim their rewards if their prediction is right.

Is PROS Crypto A Good Investment?

PROS is an underrated token deployed on the Ethereum blockchain, though it is still relatively new. This token has great use cases and the potential to drive it to the very top. Here are key reasons that make this crypto asset a worthy investment option:

PROS is a ERC-20 Token

Prosper (PROS) is based on the Ethereum (ETH) blockchain. Ethereum is arguably the biggest and most utilised blockchain right now, home to hundreds of projects. As Ethereum continues to incorporate new features as well as increased growth, it will continue to rub off on Prosper’s project. This will gradually scale the price value of PROS to the peak, creating gains for its holders.

Animoca Brands Acquisition

In 2021, Animoca Brands released a press release affirming the acquisition of the Prosper platform and its native crypto, PROS. This acquisition enables the Prosper ecosystem to leverage Animoca Brands’ industry expertise and connections that are not available to other markets. Considering that Animoca Brands’ past investments are faring (SandBox and REVV), it is certain that the Prosper project will experience exponential growth.

PROS Is Relatively Cheap

In the traditional investment sense, investing in cheap crypto assets and generating massive gains when it grows tends to be the best strategy. PROS is one of the hottest cryptocurrencies today, with very strong potential. Its $1 token value makes it appealing for investment.

Partnership

Prosper’s vision of leading the pricing, sales effectiveness, as well as revenue management markets for industries and companies globally have drawn collaborations from popular companies. The current significant partners include Microsoft, IFMA, Ava Labs, Union, Clover, MDM, NewBound, OpenJaw, and many others. Prosper project has also teamed up with VTEX to provide a better and more seamless digital commerce platform for users.

Staking Rewards

Crypto staking makes every crypto asset appealing for investment. This is a process where a holder of a crypto asset ‘locks up’ a portion of their asset for a fixed time to support the platform blockchain network. Another feature that makes PROS attractive for investment is staking. Holders can participate in staking in Prosper decentralised autonomous organisation (DAO) to participate in its governance system and get more PROS tokens as rewards.

How To Buy Prosper On Binance

Prosper (PROS) is playing a big role in the investment industry and has seen a level of success. Investors should know how to buy Prosper; this guide will help potential buyers achieve this easily. Our top exchange to buy Prosper is Binance, the overall best trading platform.

Binance offers users high liquidity, low fees, a wide range of deposits and withdrawal channels, and top security. To get started, follow these detailed steps:

Step 1. Create a Binance Account

Navigate to the Binance platform’s website and register. Click on ‘Create a Personal Account’ to register an individualised account.

Users will have to submit a valid email address and enter a strong password to ensure account safety. This password must be a combination of numbers and letters. It should contain at least 8 characters, one UPPER CASE letter, and one number. To verify a phone line and an email address, users will also need to input a valid cellphone number after clicking the ‘Next’ button to move to the next screen page.

Step 2. Verify Account

Binance, just like all regulated exchanges, requires every user to provide KYC (Know-Your-Customer) information and complete certain verification processes, such as providing government-issued identity cards, a photograph, and other contact information to access the platform’s full features.

Step 3. Deposit Funds

The next step is to deposit funds in the Binance account. These funds is the capital that users use to purchase PROS or any other crypto asset on the crypto exchange. Binance supports a wide range of payment options, including bank transfers, credit/debit cards, peer-to-peer (P2P), and payment processors like PayPal.

Click on the ‘Deposit’ icon, type in the amount to invest, choose a payment option, and click on ‘Deposit’ to fund the newly created account.

Step 4. Buy PROS

After depositing, proceed to the search bar menu, search for ‘PROS’, and select the relevant option. Investors can then place a buy order, so Binance knows they wish to buy PROS. The PROS tokens will be added to their wallets once the transaction has been processed and completed.

Prosper (PROS) Wallets

Software Wallet

Hot wallets, also called software wallets, are one of the most popular cryptocurrency storage options. They are always online, hence the affiliation with the ‘hot’ tag. Investors can easily get a hot wallet once they open an account with a crypto exchange. This allows them to store and manage their private keys, which prove their ownership of their assets to the blockchain network. Hot wallets are usually more convenient for everyday crypto transactions and can be custodial or non-custodial.

A custody wallet is responsible for storing assets to an exchange or a third-party platform. The user only places an order for a transfer or receipt, and the exchange signs off on the transaction, much like the traditional banking system. Meanwhile, a non-custodial or self-custody wallet gives the full responsibility to the end-user.

Hot wallets are usually free, but they are largely considered less secure due to their constant internet connectivity. An instance of a hot wallet is the Binance Wallet.

Hardware Wallet

A Hardware wallet is a device which has been created to provide an extra layer of security when interacting with your various cryptocurrency wallets.

Normally you would use your private key to move funds, the problem is though, if your computer has been compromised with malware or a virus, it is possible for your private keys to be captured and used to steal your funds.

With a hardware wallet, the private keys are stored on the device and never exposed to your computer, which means even if you are infected with such a program your private keys will remain safe. These options are safest way to store your crypto if you have more than a small amount.

Popular examples of cold storage offerings are the Ledger and Trezor line of hardware wallet solutions, read our reviews:

• Ledger Nano S Review
• Ledger Nano X Review
• Trezor vs. Ledger Review

Mobile wallet

A mobile wallet is essentially a hot wallet on a smartphone device. They offer users an even more convenient way to use their coins for daily activities. Mobile wallets store and manage users' private keys while enabling them to pay for things they love with their digital assets.

These wallets are usually free and always online for transactions to be processed. Popular mobile wallets are eToro Money Wallet and Coinbase Wallet.

Desktop wallet

A desktop wallet is a PC version of a hot wallet. It is essentially software that an investor downloads into their personal computer or laptop for easy interaction with their digital coins. They also offer a browser extension which allows users to interact using an extension instead of downloading the entire software. Desktop wallets are also hack-prone due to their online nature. A popular example is the Exodus Wallet.

Paper Wallet

The paper wallet is arguably the oldest form of crypto wallet. They are no longer common in the modern crypto industry. It contains users' public and private keys. The paper wallet is the least secure type of wallet as it can easily be lost, stolen, or torched.

Prosper PROS FAQs

What is Prosper coin?

Prosper token (PROS) is the native currency that powers the Prosper platform. Holders can make use of this token to be eligible for governance, create custom pools, and stake.

Where to buy Prosper token?

Learning how to buy Prosper token also entails knowing the best place to buy the token. We recommend Binance because of its reputation, wide range of crypto offerings, trading features, and security.

Where can I buy Prosper crypto?

Investors can buy Prosper (PROS) on crypto exchanges that list and support the token for trading. Although hundreds of exchanges exist, we recommend Binance because of its low fees, high liquidity, and top security. Investors new to trading can learn how to buy Prosper via Binance e-learning blog.

The post Where to Buy Prosper (PROS) Crypto: Beginner’s Guide appeared first on Blockonomi.

The Kava blockchain is one of the top emerging crypto sub-space. The project integrates the adaptability and resourcefulness of Ethereum and Cosmos’s scalability and interoperability. Talk about a dual-core DeFi protocol.

This beginner’s guide will touch on everything the Kava blockchain is and its use cases. We will also explore the best way and platform to invest in its native token, KAVA.

Binance: Reputable Exchange with High Liquidity

Binance is the largest cryptocurrency trading exchange in daily trade volumes. The exchange offers investors full access to trade over 600 crypto assets.

The renowned platform also features a well-detailed learning curve and advanced trading tools that support well-experienced traders and investors looking to learn how to buy different cryptos. Although Binance features a user-friendly interface that facilitates a great user experience, it is more suited for well-experienced traders.

Read: Our Full Binance Review Here

Binance has a minimum deposit of $10. This enables investors to kickstart their investing journey with low fees. Investors can also initiate deposits through seamless payment methods like wire transfers, credit/debit cards, peer-to-peer (P2P) payments, and other e-wallet solutions.

Binance deposits come with a fee that varies based on the payment method used. For instance, the global exchange charges a standard fee of up to 4.50% for all deposits made with a debit/credit card.

All investors enjoy very low fees when trading on Binance, as it charges a standard trading fee of 0.1%. For investors that buy using Binance token (BNB), a discount of 25% on trading fees will be applied.

In addition, investors can rest assured that their funds and data are well protected whenever they trade on Binance. The broker features top-notch security measures like two-factor authentication (2FA), cold storage to keep most coins, whitelisting, and advanced data encryption to protect funds and data. Binance functions effectively in over 100 countries and has a spin-off regulated platform (Binance.US) that tends to US-based traders and investors.

Pros

• Trading fees at 0.01%
• High liquidity
• Wide range of payment methods
• 600+ crypto assets in library

Cons

• Interface is suited for advanced traders
• US-based customers cannot trade most coins via its subsidiary

Visit Binance

Coinbase: Simple & Easy to Use Exchange

Coinbase is also a great option for investors looking for how to buy the crypto seamlessly. The US-based crypto trading platform enables users to buy, sell, and stake cryptocurrencies with zero complexity.

Coinbase integrates a user-friendly interface that simplifies crypto trading. The crypto trading platform supports well over 10,000 blockchain-based assets.

Read: Our Full Coinbase Review Here

The exchange’s signup and verification process take less than 10 minutes. For traders looking to invest easily, Coinbase is a great alternative to Binance.

Coinbase has a minimum deposit of $2, the lowest minimum deposit in the market presently This exchange also offers a wide range of deposit methods like automated clearing house (ACH), Wire transfer, debit card, and e-wallet solutions, as well as cashouts in local currencies like USD, GBP, and EUR. Coinbase charges up to 3.99% for debit card deposits.

Investors enjoy a 4% cash back reward whenever a Coinbase debit card is used for crypto purchases.

For fees, Coinbase charges a competitive fee of 0.5% - 4.5% depending on the payment method, cryptocurrency type, and transaction sizes.

Coinbase has evolved from a traditional exchange to a versatile platform with great services dedicated to retail and institutional investors, such as an in-built exchange wallet, self-issued cash back visa card, staking, derivatives, asset hubs, ventures, and many more.

Furthermore, Coinbase has in-built security practices like 2FA verification as an added security layer to investors’ usernames and passwords, crime insurance that secures digital assets from theft and fraud, and many more.

Also, Coinbase is licensed by the Securities and Exchange Commission (SEC) and regulated by top financial authorities like Financial Conduct Authority (FCA), Financial Crimes and Enforcement Network (FinCEN), and the New York State Department of Financial Services (NYSDFS).

Pros

• Beginner-focused
• Licensed and reputable platform
• Insurance in case of hacks
• Low minimum deposit

Cons

• High fee compared to competitors
• No credit card deposits for US customers

Visit Coinbase

KuCoin: Exchange With Lots of Listings

KuCoin is one of the world's oldest and most popular crypto exchanges. The Seychelles-based broker is one of the most notable names in the market for traders who desire access to derivatives products to speculate in the market.

Currently, KuCoin provides access to over 600 cryptocurrencies. Besides trading and investing, the exchange allows investors to save, stake crypto, and even participate in Initial Exchange Offerings. With KuCoin, investors have an all-encompassing crypto hub.

Read: Our Full Kucoin Review Here

Like many brokers in its class, KuCoin could appear too overwhelming for beginners. The exchange is more suited for advanced traders who want to speculate and trade sophisticated products. So beginners might have some difficulty making use of it.

Despite this, investors could gain many benefits from trading with KuCoin. The broker has a low minimum balance of $5, with deposits available via major fiat currencies, peer-to-peer (P2P) transfers, and a few credit card options.

As for trading fees, KuCoin users pay 0.1% in fees. But the fees could decrease based on an investor's 30-day trading volume and ownership of the company’s KCS token.

Security on KuCoin is also impressive. The system uses bank-level encryption and security infrastructures to protect users’ coins and data. KuCoin also has a specialized risk control department to enforce strict data usage policies.

Pros

• Discounts available on trading fees
• Extensive staking functionalities
• Quick P2P trading system
• Anonymous trading available
• Low minimum balance

Cons

• No bank deposit option

Visit Kucoin

What is Kava Crypto?

Kava crypto is the network token for the Kava protocol. Launched in 2020, KAVA performs several functions in the next-generation DeFi platform, including fees, governance, collateralisation, and staking.

The digital asset rallied to an all-time high (ATH) value of $9.19 in September 2021 while recording a 516% increase from its previous year’s performance. About 250.8 million KAVA tokens are in circulation, and the project boasts a $468 million market valuation.

In deciding whether to invest in the digital asset, the smart step is to learn what the Kava blockchain is all about.

Info About The Project

Kava is a layer-1 blockchain network built by Kava Labs that runs on a co-chain architecture and takes the best of Ethereum and the Cosmos blockchain.

The platform comes with cross-chain capabilities as it adopts the adaptability and robustness of the Ethereum network with the scalability of the Cosmos blockchain. In its build-up, the Kava development team relies on the highly regarded proof-of-stake (PoS) consensus mechanism rather than the proof-of-work (PoW) protocol. This offers users faster transaction speed, lower costs for accessing DeFi-enabled loans, and lower energy demands.

It bills itself as the chief pioneer for “DeFi for Crypto’ as it allows users to access collateralised loans based on several cryptocurrencies.

But its very nature, Kava, is quite similar in operation to the hugely popular MakerDAO protocol. However, both projects differ in some ways. While MakerDAO only supports the collateralisation of Ether and other ERC-20 tokens, Kava allows users to leverage any crypto asset to access much-needed loans.

Aside from the KAVA token, the protocol relies on the USDX stablecoin for its operations. The fiat-backed stablecoin allows users to receive rewards for creating collateralised debt positions (CDPs). These stablecoins are then burnt once the debt is repaid or if the collateral becomes liquidated from a significant value drop.

The Kava project team have pointed to the limited option in accessing collateralised loans in the emerging crypto market and believes its solution is a major response to that response. To power its operations, the Kava protocol is split into three different services:

Kava Mint dApp

This allows users to lock up their digital assets and mint or create an equivalent value of USDX stablecoin from the underlying digital asset. The Kava Mint works similarly to MakerDAO’s Dai stablecoin; however, the platform comes with lower transaction fees and strong cross-chain capability.

The dApp enables the creation of CDP, allowing users to lock up any of the supported cryptocurrencies in a smart contract and use the funds to meet their needs.

Kava Lend

Launched in 2020, Kava Lend is the world’s first cross-chain money market that allows users to earn more from their digital assets. With this service, users can put their crypto to work by lending, and borrowing, while simultaneously earning from multiple cryptocurrencies. The HARD token powers Kava Lend. Much like KAVA crypto, HARD is used for network governance, staking, and transaction settlement on the platform.

Kava Swap

The third and final service is the Kava Swap platform. This operates as an automated market maker (AMM) system wherein users can easily exchange digital assets without sanction from a centralised entity. The Kava Swap provides lower fees and high efficiency and allows liquidity providers to its smart contract pools to earn sizable returns on their digital assets. SWP coins power the service.

Use Cases

The Kava blockchain has a lot of promise, but what are the use cases for its token, and what problems does it hope to solve?

Governance

The blockchain ecosystem relies on a separate governance model from the traditional system. Instead of allowing only a select number of individuals (stakeholders) to have a say in how a company runs, crypto projects enable participation from a broader community. On the Kava blockchain, the KAVA token functions as a voting mechanism.

Holders of the digital asset have a say on the critical parameters that define the Kava network. This includes the number of supported assets for all its dApp services, debt limits, assets to be used as collateral for loans, collateral ratio, fees, and savings rate.

KAVA is also useful in determining how much treasury funds would be allocated to the Kava Network’s insurance protocol and reward payouts.

Security

Kava Network runs on the Cosmos blockchain’s Tendermint Byzantine Fault Tolerant engine, essentially a PoS consensus algorithm. Given the lack of competitive mining, PoS blockchains require users to pledge their assets to secure the network. Here, the KAVA token is used to protect the DeFi-facing protocol from a potential 51% malicious attack, where an external entity gains more than 50% of the computing resources to roll back transactions on the network.

The Kava Network is often secured by top 100 validator nodes who lock up many KAVA tokens. In return for staking their assets, the Kava protocol allows them to earn block rewards in order to encourage honest work. To disincentivise a malicious attack, the Kava Network slashes their token if they fail to ensure high uptime, and there are instances of double signing off on transactions.

How Does Kava Crypto Work?

KAVA token works in step with the CDP process to collateralise loan assets.

The first step is that the user gets to deposit their crypto asset on the Kava platform and locks it in a smart contract. Once this is done, the platform issues a proportionate amount of USDX stablecoin to the user, who is expected to repay at the expiration of the loan with a stability fee to unlock their collateral.

Once the loan is repaid, the system automatically burns the issued USDX stablecoin, and the process begins again.

Is Kava A Good Investment?

KAVA crypto may be a largely unknown DeFi player, but it is an outlier project due to the following reasons:

Access to Dual Ecosystems

Ethereum boasts one of the most robust DeFi architectures in the entire crypto market. With access to over 4000 dApps, no other protocol comes close. Cosmos blockchain is also seeing significant adoption of its services, and its high-speed, low fee and interoperable nature make it a huge attraction for developers. Kava unifies the best of both worlds, intricately serving as a bridge to access Ethereum and Cosmos blockchain.

More Possibilities

Built-in the image of Ethereum’s MakerDAO, Kava has gone on to blaze an entirely new trail. Instead of being round-pegged to Ether and ERC-20 tokens only, Kava opens the entire DeFi ecosystem to anyone anywhere. Now, with any DeFi-enabled cryptocurrency, users can seamlessly access loans, earn rewards, and swap their assets for pennies.

Separate Tokens for Separate Services

Kava blockchain runs a multi-architecture system. Each of its services has a governance token to maintain seamless operation. Mint has USDX stablecoin, Lend has HARD, and Swap has SWP. This fosters diversity and growth.

Partnerships

Kava Labs has been one of the most fundamentally-rich DeFi services in the emerging industry. The protocol has partnered with the likes of famous cross-border payment solutions, Ripple and Commum, as well as the popular AMM protocol, SushiSwap. With top industry players within its fold, the KAVA crypto is one of the rare crypto gems currently going for a discount.

Consensus

Kava Network runs on PoS, an improved consensus algorithm to PoW. Allowing select validators to confirm transactions instead of making it open-ended in return for slower transaction speed and higher fees, the PoS protocol comes with higher scalability, lower energy demands, and lower fees. With climate change issues picking up steam, Kava Network is properly positioned to continue seeing growth due to its environmentally-sustainable mechanism.

How to Buy Kava Crypto on Binance

Not sure how to buy Kava crypto? Investors can buy the digital asset on the world’s largest crypto exchange Binance. Here’s a detailed guide on how to buy KAVA for low fees.

Register on Binance

The first step is to sign up on the Binance exchange before buying KAVA. To do this, visit the Binance official website to register an account. This should take less than 2 minutes.

Verify Account

New users must upload the required documentation to get their accounts validated on Binance. After completing the face verification process, select the “Verify” button and upload a driver’s licence image or passport.

Deposit

Choose the “Deposit” button by clicking on the “Wallet” symbol. Select a payment method and a deposit type from “Fiat/Crypto” after that. Select “Deposit” and enter the required deposit amount to finish the transaction. Consider purchasing a stablecoin like USDT or BUSD first for better coin compatibility, and then use that coin to buy Kava (KAVA)

Buy Kava

Once the deposit has been made, type “KAVA” into the search field and choose “Spot” trading. Once you are prepared to buy, enter the desired amount and select “Buy KAVA.”

Kava Wallets

Software Wallet

Hot wallets, also called software wallets, are one of the most popular cryptocurrency storage options. They are always online, hence the affiliation with the ‘hot’ tag. Investors can easily get a hot wallet once they open an account with a crypto exchange. This allows them to store and manage their private keys, which prove their ownership of their assets to the blockchain network. Hot wallets are usually more convenient for everyday crypto transactions and can be custodial or non-custodial.

A custody wallet is responsible for storing assets to an exchange or a third-party platform. The user only places an order for a transfer or receipt, and the exchange signs off on the transaction, much like the traditional banking system. Meanwhile, a non-custodial or self-custody wallet gives the full responsibility to the end-user.

Hot wallets are usually free, but they are largely considered less secure due to their constant internet connectivity. An instance of a hot wallet is the Binance Wallet.

Hardware Wallet

A Hardware wallet is a device which has been created to provide an extra layer of security when interacting with your various cryptocurrency wallets.

Normally you would use your private key to move funds, the problem is though, if your computer has been compromised with malware or a virus, it is possible for your private keys to be captured and used to steal your funds.

With a hardware wallet, the private keys are stored on the device and never exposed to your computer, which means even if you are infected with such a program your private keys will remain safe. These options are safest way to store your crypto if you have more than a small amount.

Popular examples of cold storage offerings are the Ledger and Trezor line of hardware wallet solutions, read our reviews:

• Ledger Nano S Review
• Ledger Nano X Review
• Trezor vs. Ledger Review

Mobile wallet

A mobile wallet is essentially a hot wallet on a smartphone device. They offer users an even more convenient way to use their coins for daily activities. Mobile wallets store and manage users' private keys while enabling them to pay for things they love with their digital assets.

These wallets are usually free and always online for transactions to be processed. Popular mobile wallets are eToro Money Wallet and Coinbase Wallet.

Desktop wallet

A desktop wallet is a PC version of a hot wallet. It is essentially software that an investor downloads into their personal computer or laptop for easy interaction with their digital coins. They also offer a browser extension which allows users to interact using an extension instead of downloading the entire software. Desktop wallets are also hack-prone due to their online nature. A popular example is the Exodus Wallet.

Paper Wallet

The paper wallet is arguably the oldest form of crypto wallet. They are no longer common in the modern crypto industry. It contains users' public and private keys. The paper wallet is the least secure type of wallet as it can easily be lost, stolen, or torched.

Conclusion

With Kava’s integration of Ethereum and Cosmo’s scalability and interoperability, users will experience faster transaction speed, lower costs for accessing DeFi-enabled loans, and lower energy demands.

For investors seeking to buy kava, we recommend binance for its low fees, quick transactions and high liquidity. Get started today!

Kava FAQs

Can I buy KAVA on Coinbase?

Coinbase currently doesn’t support KAVA. However, the digital asset can be purchased through the Coinbase self-custodial wallet. Also, note that specific cryptocurrencies, like Kava, can only be purchased with another cryptocurrency on decentralised exchanges. Therefore, users must first buy another crypto like Ethereum (ETH) before they can use it to purchase Kava.

What Exchange is KAVA On?

There are several crypto exchanges that users can use to purchase KAVA. While we have not mentioned all of them, the popular platforms are Binance, eToro, Capital.com, Crypto.com and Kraken. We highly recommend getting started with binance as they offer low fees and high liquidity.

Can I buy KAVA on Binance us?

Binance.us does not support buying or selling KAVA.

How do you get KAVA on Binance?

To get KAVA on Binance, users have to register an account with the exchange. Next, deposit through the preferred payment method. Using the search bar, select the crypto and pay the desired amount for the digital asset.

The post Where to Buy Kava Crypto Coin (KAVA): Beginner’s Guide appeared first on Blockonomi.

The project’s eventual integration with Tron has further heightened interests, and investors are keen to learn how to buy BitTorrent for its potential growth.

This guide will provide a tutorial on how to buy BitTorrent in minutes and why this thriving and rapidly developing TRON-based cryptocurrency is so popular.

Binance: Reputable Exchange with High Liquidity

Binance is the largest cryptocurrency trading exchange in daily trade volumes. The exchange offers investors full access to trade over 600 crypto assets.

The renowned platform also features a well-detailed learning curve and advanced trading tools that support well-experienced traders and investors looking to learn how to buy different cryptos. Although Binance features a user-friendly interface that facilitates a great user experience, it is more suited for well-experienced traders.

Read: Our Full Binance Review Here

Binance has a minimum deposit of $10. This enables investors to kickstart their investing journey with low fees. Investors can also initiate deposits through seamless payment methods like wire transfers, credit/debit cards, peer-to-peer (P2P) payments, and other e-wallet solutions.

Binance deposits come with a fee that varies based on the payment method used. For instance, the global exchange charges a standard fee of up to 4.50% for all deposits made with a debit/credit card.

All investors enjoy very low fees when trading on Binance, as it charges a standard trading fee of 0.1%. For investors that buy using Binance token (BNB), a discount of 25% on trading fees will be applied.

In addition, investors can rest assured that their funds and data are well protected whenever they trade on Binance. The broker features top-notch security measures like two-factor authentication (2FA), cold storage to keep most coins, whitelisting, and advanced data encryption to protect funds and data. Binance functions effectively in over 100 countries and has a spin-off regulated platform (Binance.US) that tends to US-based traders and investors.

Pros

• Trading fees at 0.01%
• High liquidity
• Wide range of payment methods
• 600+ crypto assets in library

Cons

• Interface is suited for advanced traders
• US-based customers cannot trade most coins via its subsidiary

Visit Binance

Kraken: Top Crypto Platform with High Liquidity

Founded in 2011, Kraken is one of the oldest and most popular cryptocurrency exchanges currently in operation.

The exchange has built a reputation as being a secure destination for anyone interested in trading cryptocurrencies and it is also a popular choice for both traders and institutions across a variety of locations.

Read: Our Full Kraken Review Here

Kraken retains an international appeal and provides efficient trading opportunities in numerous fiat currencies. Kraken is also the current world leader in terms of Bitcoin to Euro trading volumes.

Kraken is most well known for its Bitcoin and Ethereum to cash (EUR and USD) markets; however a wide range of both fiat and cryptocurrencies are tradable on the platform

Pros

• Dedicated service for institutions
• Great for beginners to use
• High trading liquidity

Cons

• The lengthy ID verification process

Visit Kraken

Gate.io: Solid Platform With Lots of Coins

Gate.io is a cryptocurrency trading site that aims to offer its members an alternative to the exchanges currently dominating the market.

The site has been in operation since 2017 and aims to capture a portion of the cryptocurrency trading market by offering its users hassle free access to a number of hard to find coins and up and coming projects.

The site is also designed to help investors find specific information related to both their preferred coins and overall market trends.

Read: Our Full Gate.io Review Here

Trading mostly takes place on a web-based trading platform that is similar to most cryptocurrency exchanges. The site incorporates a number of functional features such as an order book, trading history, and charting.

Pros

• A wide range of currencies
• A low fee structure
• Simple registration process
• Functional platform with a mobile app available

Cons

• Unregulated
• The team is not very transparent
• No fiat currency transfers

Visit Gate

What Is BitTorrent-New (BTT)?

BitTorrent (BTT) is a utility token deployed on TRON’s blockchain. It powers popular decentralised applications and protocols — BitTorrent File System, BitTorrent Speed, and DLive.

These DApps use the BitTorrent protocol to share and transfer data and files swiftly. As a result, BTT became the largest file-sharing protocol in the year 2019.

By incorporating a hybrid consensus mechanism, BitTorrent has eliminated the accessibility problems.

BitTorrent also relies on a cryptographic method that is based on zero disclosure and mathematical consistency on a blockchain-enabled transaction; this cross-checks data seamlessly without revealing data or third parties involved in the transaction. This has provided solutions to the issues of security.

All these wouldn’t have been possible without the advent of the Zyro protocol. This protocol acts as the mainstream of the entire decentralised finance ecosystem.

BitTorrent also acts as a unique protocol for peer-to-peer exchange, and its entrance into the crypto industry via its native token, BTT, has boosted power, utility, and usability by users among several platforms.

A distinguishing feature that makes BitTorrent stand out among its peers is its high liquidity and the lightning speed of transactions on the BTT ecosystem. This feature gives it an advantage that can be compared to other Ethereum-based decentralised finance protocols and enables several mining avenues for all users. This shows that the BTT token is a catalyst that implements smart contracts and processes all transfer funds.

In general, the BitTorrent protocol is trusted. It is the first choice regarding file sharing and faster downloads. Launched in 2001 by Bram Cohen, the protocol offers seamless interoperability with other chains like TRON and Binance Smart Chain.

Its most recent project is the DLive protocol, the first-ever decentralised live streaming platform powered by BTT. With more progressions likely to occur, crypto enthusiasts are eager to learn how to buy BitTorrent.

What Can You Do With BitTorrent (BTT)?

BitTorrent (BTT) is experiencing exponential growth through its unique real-life use cases:

Fast Download Speed

BitTorrent lightning-speed is the primary use case of the BTT tokens. Users who are downloading content can pay BTT tokens to uploaders for swift download speeds. As a result, BTT tokens can be received and used swiftly by both uploaders and downloaders.

BitTorrent automatically boosts the number of files available and the demand for those files by allowing users to optimise their overall experience through the ‘faster downloads’ integration and providing economic rewards for those uploading files.

Decentralised Live Streaming

DLive is a decentralised streaming network powered by the TRON network. BitTorrent acquired it in 2019. DLive uses BTT to reward content creators, viewers, and those who stake tokens on the platform. Viewers can seamlessly subscribe to channels and donate to their favourite streamers using BTT. Creators can also reward users economically by paying small rewards of BTT whenever a challenge is completed.

Investment

Just like most crypto assets, one of the primary use cases of BTT is speculating on the price of the token growing exponentially in the future. BTT has inherent worth and will never approach the zero-value mark because BitTorrent has proven itself as a network with real-life utilities sought by active users who rely on BTT to function properly. BTT is an option for investors who want to hedge risk while gaining a lot.

How Does the BitTorrent-New Work?

Since BitTorrent is a peer-to-peer protocol, computers in a BitTorrent swarm (a group of computers used to download and upload the same file/torrent ) can transfer data seamlessly without needing a central server.

BitTorrent multi-peers systems facilitate faster downloads. Instead of connecting to only one source, users can connect to several sources. This has enabled people with lower bandwidth to join in with file-sharing activities and realise the idea of increasing data distribution by breaking up very large files into smaller bits.

On the BitTorrent platform, the first uploader of a file (often regarded as a torrent) is the ‘seed’; those who download the file are known as ‘peers’. When the download is complete, they also become a seed. Each seed has a piece of the file (the downloaded file) which is encrypted by a cryptographic hash (a digital key code) embedded in the file descriptor. The more seeds created in the BitTorrent network, the faster it becomes to download the file seamlessly. If a file doesn’t have a seeder, it won’t be possible to download as there is no connected user with the complete file.

Is BitTorrent Crypto a Good Investment?

Many crypto enthusiasts and experts believe BTT to be a fairly underrated token given that it is based on the TRON foundation, has great utility, and is priced under a dollar. Here are major reasons this digital asset is considered a great investment option:

BitTorrent is a TRC-20 Token

BitTorrent (BTT) is deployed on TRON, a reputable blockchain project. The successes recorded by the TRON chain will continue to rub off on BitTorrent’s entire ecosystem. This is likely to generate massive gains in the future. In addition, TRON Foundation will continue to create integrations capable of improving BitTorrent, and BTT will enjoy the benefits of its acquisition.

BTT Is Relatively Cheap

BitTorrent native coin, BTT, is one of the fastest-rising cryptocurrencies in the market today, with its price pegged at less than a dollar. This means that investors can buy BTT tokens with little funds and generate massive gains once a bullish run sets in.

BTT Is Attractive to Long-Term Investors

Long-term investors are often the best earners in the crypto market. HODLING a crypto token is a rewarding investment strategy. It involves purchasing a token and waiting for a long period (after it has generated interest/growth in value) before selling. As earlier stated, BTT is a cheap crypto token but might grow over a long time. Investors ready to wait for months/years will surely stand a good chance of seeing their investments become great fortunes in the future.

Ethereum Virtual Machine (EVM) Compatibility

BitTorrent is compatible with all Ethereum-based smart contracts. The BitTorrent Chain enables developers to migrate and build decentralised applications (DApps) easily.

Ethereum is currently the largest hub for dApps and boasts of 3000 plus blockchain-focused applications. BiTorrent is compatible with the foremost smart contract network, meaning developers on the Tron Network can simultaneously launch dApps on both blockchain protocols with ease.

Even more impressive is the fact that Solidity-based smart contracts can run on BitTorrent seamlessly. This gives developers easy access to the robust ecosystem of both Ethereum and Tron networks, as all blockchain services can be executed cross-chain.

How to Buy BitTorrent-New on Binance

Investors can easily buy BitTorrent-New (BTT) with very low fees and enjoy high liquidity, a wide range of payment channels, and top-notch security anywhere Binance is available.

The following is an in-depth guide designed to assist investors in getting started:

Step 1. Create a Binance Account

Creating an account is the first step to buying BitTorrent (BTT) tokens on Binance. Simply select ‘Create a Personal Account’ to register for an individualised trading account.

Investors must submit a valid email address and input a strong password they can always remember. The password can consist of symbols, numbers, and alphabets. To verify a phone line and an email address, users will need to input a cellphone number after tapping the ‘Next’ button to move to the next screen page.

Step 2. Verify Account

Binance, just like all regulated exchanges, requires users to provide KYC (Know-Your-Customer) information and complete some verifications to access the platform’s full features. This ranges from government-issued identity card(s) to driver’s licenses. Proceed to complete the face verification process.

Step 3. Deposit Funds

The next step is the deposit. Binance features many payment options, from bank transfer and credit/debit cards to peer-to-peer (P2P) and e-wallet solutions like PayPal. Click on the ‘Deposit’ icon, type in the amount to invest, choose a payment channel, and tap on ‘Deposit’ to fund the newly created account.

Step 4. Buy BTT

After a successful payment using the chosen payment method, proceed to the search bar menu, type ‘BTT’, and click on relevant results. Investors can now place a buy order, so Binance knows they wish to buy BTT. Once investors have successfully placed a buy order, the BTT tokens will be added to their wallets once the transaction has been processed and finished.

BitTorrent BTT Wallets

Software Wallet

Hot wallets, also called software wallets, are one of the most popular cryptocurrency storage options. They are always online, hence the affiliation with the ‘hot’ tag. Investors can easily get a hot wallet once they open an account with a crypto exchange. This allows them to store and manage their private keys, which prove their ownership of their assets to the blockchain network. Hot wallets are usually more convenient for everyday crypto transactions and can be custodial or non-custodial.

A custody wallet is responsible for storing assets to an exchange or a third-party platform. The user only places an order for a transfer or receipt, and the exchange signs off on the transaction, much like the traditional banking system. Meanwhile, a non-custodial or self-custody wallet gives the full responsibility to the end-user.

Hot wallets are usually free, but they are largely considered less secure due to their constant internet connectivity. An instance of a hot wallet is the Binance Wallet.

Hardware Wallet

A Hardware wallet is a device which has been created to provide an extra layer of security when interacting with your various cryptocurrency wallets.

Normally you would use your private key to move funds, the problem is though, if your computer has been compromised with malware or a virus, it is possible for your private keys to be captured and used to steal your funds.

With a hardware wallet, the private keys are stored on the device and never exposed to your computer, which means even if you are infected with such a program your private keys will remain safe. These options are safest way to store your crypto if you have more than a small amount.

Popular examples of cold storage offerings are the Ledger and Trezor line of hardware wallet solutions, read our reviews:

• Ledger Nano S Review
• Ledger Nano X Review
• Trezor vs. Ledger Review

Mobile wallet

A mobile wallet is essentially a hot wallet on a smartphone device. They offer users an even more convenient way to use their coins for daily activities. Mobile wallets store and manage users' private keys while enabling them to pay for things they love with their digital assets.

These wallets are usually free and always online for transactions to be processed. Popular mobile wallets are eToro Money Wallet and Coinbase Wallet.

Desktop wallet

A desktop wallet is a PC version of a hot wallet. It is essentially software that an investor downloads into their personal computer or laptop for easy interaction with their digital coins. They also offer a browser extension which allows users to interact using an extension instead of downloading the entire software. Desktop wallets are also hack-prone due to their online nature. A popular example is the Exodus Wallet.

Paper Wallet

The paper wallet is arguably the oldest form of crypto wallet. They are no longer common in the modern crypto industry. It contains users' public and private keys. The paper wallet is the least secure type of wallet as it can easily be lost, stolen, or torched.

BitTorrent BTT FAQs

Where can I buy BitTorrent tokens?

BitTorrent (BTT) is a fast-rising crypto project. Its real-life utility has seen it listed on varieties of top crypto exchanges. However, if an investor wants to buy BitTorrent (BTT) with low fees on a regulated and trusted platform, Binance is the best exchange to get started. This exchange features seamless trading services and top security to make a trading journey great!

How do I purchase BitTorrent?

Investing in cryptocurrencies can sometimes be complex, leaving investors unsure of how to buy BitTorrent. It is easy to buy BTT. All investors have to do is choose an exchange (we recommend Binance for a low-fee trading experience) and proceed to select how to buy BitTorrent, either with fiat or crypto. With fiat, Binance gives investors options like bank transfer, credit/debit card, peer-to-peer (P2P) market, and e-wallet solutions like PayPal. If an investor decides to buy BTT via crypto, they have to select the crypto to trade for BTT. For instance, BTC/BTT.

Where is BitTorrent traded?

As earlier stated, BitTorrent is listed and supported by several exchanges. These exchanges differ as they are decentralised and centralised. Exchanges like Uniswap and Sushiswap are decentralised, while the likes of Binance and Coinbase are centralised exchanges. Both decentralised and centralised exchanges can be used to purchase BitTorrent (BTT). However, for top-notch security and ease of use, we recommend centralised exchanges, like Binance.

Is BitTorrent on Coinbase?

Unfortunately, BitTorrent (BTT) is not supported by Coinbase. This means that investors cannot buy, sell, trade, or stake BTT on Coinbase. Not to worry, investors can buy BTT easily via Binance in less than 10 minutes. Investors can also leverage and earn interest whenever they stake their BTT tokens via the BinanceEarn feature.

The post Where To Buy BitTorrent Coin (BTT) Crypto: Beginner’s Guide appeared first on Blockonomi.

This WunderTrading review reveals detailed information about the platform’s trading process, key features, services, and many more.

The table below provides a summary of the WunderTrading platform.

Visit WunderTrading

What is WunderTrading?

WunderTrading has grown exponentially since its launch as a cryptocurrency exchange service in Estonia. The platform has provided users with an improved trading process since its establishment in 2018.

The platform self-identifies on its website as a “financial technology firm that attempts to facilitate the real-world application of cryptocurrencies through a variety of goods and solutions.”

Traders can purchase over 100+ cryptocurrencies via credit/debit card and wire transfers on the WunderTrading platform. Some top cryptocurrencies available on the platform includes BTC, ETH, BNB, LTC, XRP, etc.

In addition, the platform offers top cryptocurrency exchange features to its users. These services include an advanced trading terminal, signal marketplace, crypto portfolio tracker, and fast deposit methods.

To improve the trading experience for both basic and advanced traders, WunderTrading incorporates two major features: Automated Copy Trading and Automated Crypto Trading Bot.

• The ‘Automated Copy Trading’ feature: This is designed to meet the needs of investors without prior experience trading the crypto market. The feature allows inexperienced traders to copy the moves of elite traders with a successful track record. That way, they can earn when the traders profit.
• The ‘Automated Crypto Trading Bot: This feature completes trades automatically for investors. This functionality works based on trading parameters set by users. With the Automated Crypto Trading Bot integration, WunderTrading can help investors execute trades on the go and leverage market opportunities.

However, during the course of researching for this WunderTrading review, we could not verify this claim. We also discovered a few negative reviews about the functionality of the trading bot on third-party review sites.

Users can get started on this platform for free and complete verifications to access all supported features and services.

How Does WunderTrading Work?

WunderTrading has an intuitive interface and simple functionalities, so investors and traders can navigate the platform in a few clicks. The platform works like most companies operating in the crypto market. They run an identity verification before users start trading.

WunderTrading verifies all users as a basic law requirement to regulate money laundering and prevent financial crime on the crypto automation platform. Traders can buy Bitcoin, Ethereum, and other supported cryptocurrencies via credit/debit card or wire transfer after verification.

However, WunderTrading charges trading fees on every purchase of cryptocurrency. However, these fees are low and range between the average fees in the industry.

The platform offers users four types of trading accounts which vary based on selected subscriptions or pricing.

The four types of accounts are:

• Free
• Basic
• Pro
• Premium

These subscriptions are a primary source of revenue and profit for WunderTrading.

Investors can start with the ‘Free’ account to get used to the platform before upgrading to other account tiers.

The automated trading software incorporates a powerful mobile app version of its platform to accommodate investors and traders who prefer the convenience that mobile apps bring.

Our research found that most of the app users are satisfied, according to reviews. However, a few complaints were similar to those discovered on third-party review sites. These complaints were mostly related to bugged interface and the on-screen keyboard issues.

WunderTrading Key Features

WunderTrading offers innovative features to its customers. Some of them are;

Automated Crypto Trading Bot

The automated crypto trading bots allow users to create, test and apply trade strategies to a set cryptocurrency pair within a time frame.

Once the trading bot is set up, traders can create alerts to receive signals on when to buy or sell a particular asset. The platform’s trading bots convert and execute them as soon as the signal is received.

One of the benefits of using WunderTrading bots is its capability to protect traders against volatility and grow their portfolios seamlessly. However, users should note that these crypto trading bots need to be activated by users as they only act on set parameters and specifications on a specified cryptocurrency.

Automated Copy Trading

With the WunderTrading Copy Trading tool, investors can directly copy successful traders’ strategies and incorporate them into their automated trading bots.

Users can copy the trade with the same settings in real-time as soon as the signal provider generates a signal manually or through a trading crypto bot. This tool is appealing and beneficial for crypto beginners keen on high-profit returns but doesn’t have the time or knowledge to time the market movement appropriately.

Cryptocurrency Portfolio Tracker

WunderTrading offers a crypto portfolio tracker to give investors a clear view of their portfolios.

The portfolio tracker lets traders keep a tab on their purchases, returns and sales. WunderTrading allows traders to manually input their trades or connect their exchange’s API to manage their portfolios easily.

Multiple Account Management

Modern traders tend to have multiple crypto accounts for different reasons. WunderTrading allows users to control trades across several exchanges from one device using the Multiple Account Management feature.

Investors can also engage in arbitrage trading. Users can simultaneously purchase and sell the same crypto assets on different markets to generate profit from tiny market movements in price. The platform supports many of the popular cryptocurrency exchanges, including Binance, KuCoin, OKX, FTX and Kraken.

Top Services on WunderTrading

WunderTrading offers exceptional services important to investors and traders keen to profit from the crypto market. These services are broken into three:

• WunderTrading Cryptocurrency Exchange service provides users full access to the cryptocurrency market. Investors can use fiat currencies to purchase 100+ cryptos, including big movers like Bitcoin, Ethereum, and Litecoin, with credit/debit cards (Mastercard or Visa). The platform offers low trading fees and a fast payment method (credit card).
• WunderTrading Commerce Services allows merchants, investors, and traders to conveniently accept cryptocurrency payments through their email or website.
• WunderTrading Trade Services also offers investors a vast range of stellar trading services to simplify their trading processes and increase their profits. These trading services range from automated trading bots, copy trading tools, crypto portfolio trackers, advanced trading terminals, and many more.

Additionally, users can earn more income through the platform’s referral program. WunderTrading referrals are an income source for traders who are rewarded with a commission for every referral.

Investors can invite their friends and family to the platform and gain a 20% lifetime commission for every referred member that uses a subscription plan. Referred members also get a bonus discount of 10% on any one-month subscription plan.

Overall, the features offered by WunderTrading make it more valuable to traders than the average cryptocurrency exchange.

Can you Trade on WunderTrading?

The WunderTrading platform allows users to trade and invest in cryptocurrencies. To start, crypto traders must create an account and complete the verification before accessing this platform’s full trading features and services.

Trading accounts without a completed verification can only purchase $300 worth of cryptocurrencies.

Once account verification is complete, users can buy cryptocurrencies right away through their credit cards.

In terms of selling crypto assets, the features of automated trading bots and copy trading tools have simplified the process. The complexities connected to the cryptocurrency market do not apply to WunderTrading platform users, as trading features make it easy to buy and execute trades at all times.

WunderTrading Minimum Deposit

In our analysis of WunderTrading, we learned that users can start investing in cryptocurrencies with a €50 minimum investment. Users can seamlessly initiate a deposit via credit card and bank transfer

Fees

While registering an account is free, users must subscribe to a paid plan to upgrade from the basic tier to other premium plans. Other fees that are tied to this platform include commissions and a withdrawal fee.

The membership costs range from $0 for a free account to $44.95 for a premium account. Investors can initially sign up for a free account and upgrade when they want to deploy more bots or other premium capabilities.

When users buy crypto using the platform, a commission is taken from the purchase price. The current commission is $5 or 5% of the paid invoice. Withdrawals are also subject to a charge. For instance, the Bitcoin withdrawal fee is 0.0005 BTC, around the average industry standard.

Users can fund their accounts on WunderTrading with a multitude of payment options. This includes SEPA, bank transfer, Apple Pay, debit cards and crypto payments. Each payment option comes with its separate deposit fees.

WunderTrading Pricing Plans

WunderTrading features four subscription packages for crypto traders: Free, Basic, Pro, and Premium. The platform offers subscription discounts for customers who order for more than a month. WunderTrading offers a 10% discount for 3 months, 15% for 6 months, 20% for 12 months, and 25% for 24 months.

The offerings of each plan are detailed below:

Free Plan:

Price: $0.00 per month.

Key features:

• 5 open positions
• 2 active bots
• 1 API per exchange
• Trading Terminal (for Spot and FuturesTrading)
• Bot Trading (for Spot and Futures Trading)
• Simultaneous Take Profit and Stop Loss

Basic Plan:

Price: $9.95 per month.

Key features: Everything in the Free plan, plus:

• 15 open positions
• 5 active bots
• 2 API per exchange
• Trailing stop
• Spot and futures trading
• DCA trading terminal

Pro Plan:

Price: $24.95 per month.

Key features: Everything in the Basic plan, plus:

• 100 open positions
• 15 active bots
• 5 API per exchange
• Fixed amount for manual trading (futures only)
• Spread trading terminal
• Swing trade

Premium Plan:

Price: $44.95 per month.

Key features: Everything in the Pro plan, plus:

• 1000 open positions
• Unlimited active bots
• Unlimited API per exchange

• ---

WunderTrading Customer Support

WunderTrading crypto trading features a support centre and FAQs area on their website, as well as a variety of beneficial material for investors. Users can also access a live chat feature on the platform’s website to receive responses in less than 20 minutes.

Is WunderTrading a Scam?

Although we were unable to verify whether the WunderTrading cryptocurrency platform is a fraud, this is what we do know.

The app claims to offer a reliable way for crypto to start trading and investing in cryptocurrency easily while combining many features like a crypto exchange, a social trading platform, Bitcoin payments, and OTC services into one software.

However, despite these multiple features, WunderTrading is easy to use and best known for providing trading scripts, bots and its copy trading feature that allows traders to copy the trades of others automatically. Investors have access to four plans: free, basic, pro, and premium, with fees ranging from $0 to $49.95.

WunderTrading supports multiple payment options, including Visa, Mastercard, Skrill, Bank Transfer (SEPA), and Bitcoin. Users can manually manage multiple crypto exchanges through the trading terminal or bots.

The Estonian government regulates the platform to operate as a provider of exchange services between digital and fiat currencies. Two-Factor Authentication (2FA) is also used to strengthen account security.

However, while the exchange offers these features there are some concerns about an unreliable system and customer service. Users have made complaints about bots automatically closing and slowly getting slow to no response when they ask for a refund.

How to Use WunderTrading

Prospective users can begin to use WunderTrading using the simple steps explained below:

Register

Potential users must visit the website to register on the platform and provide basic information like name, email address, and a strong password.

After this, the user will receive an email and be asked to verify it. This can be done by simply clicking on the verification link. The next step is to choose a plan depending on the user’s aim. However, the free plan is good enough for anyone just starting on the platform and has enough features to help familiarise them before moving to other plans.

Connect Exchange

Users must connect to the exchange, or in particular, the exchange API, to use some of WunderTrading’s trading features, like the trading bot.

Once logged in, go to Settings, click “My Exchanges,” and select “Add New.”
Enter the account name, API key, and secret key in the form, then choose the exchange.

Other traders and investors will be able to see the account name. Also, users can obtain the API key and secret from the exchange website.

Click on Add

The exchange will be visible in Settings > My Exchanges. Users can now start trading with WunderTrading.

Create Bots or Start Trading

Once the exchange API is connected, users can start trading or creating trading bots. Traders can decide to trade themselves or let the copy-trader make trades for them.

How to use the Copy Trader

• Go to Copy-trading and select Start from the Copy-trader menu.
• Select a trader under the Marketplace menu, then click Follow.
• Click “Ok” and select the API profile they want to use to follow the trader or bot.
• Tap confirm, and click “Ok.”

Users can return to the Copy-trading tab to view the traders they follow and the closed transactions.

How to create a Trading Bot

• Navigate to Bots, select Strategy, and click Create.
• Configure the Time Frame, Exchange and API Profile, and Bot Name. Select their pairs
  Then, users can establish the portfolio share.
• Modify the leverage.
• Fill in the last price, ask price, or bid price after choosing the order type. Users are required to specify if they want multiple entries or not.
• Next, Determine the multiple take-profit targets.
• Set the stop loss, then create a bot strategy.

Users with free accounts can only have 2 bots active at once but will have to upgrade if they plan to increase the number and access more features.

WunderTrading Pros and Cons

WunderTrading offers huge benefits to crypto traders and investors. However, there are areas upon which the exchange can improve.

Pros

• Low trading fees
• Supports top cryptos (BTC and ETH)
• Automated crypto trading bot
• Automated copy trading
• Free account plan
• Advanced trading terminal
• Multiple account management

Cons

• Limited payment options
• Automated trading needs refinement

The Verdict

WunderTrading has created a reliable platform for automated cryptocurrency trading using supported exchanges and price options. The website helps new users to get started and become accustomed to the platform by providing a free alternative. This will help users determine whether or not a paid plan is worthwhile.

Many cryptocurrency investors find it appealing to run trading bots and copy the techniques of other traders, so WunderTrading is undoubtedly interesting.

Visit WunderTrading

The post WunderTrading Review: The Automated Crypto Trading Bot appeared first on Blockonomi.