Crypocurrency | TRADING U

You may have searched “What is USDC?”; So your search ends here

Sydney Barrett — Fri, 08 Apr 2022 05:40:40 +0000

If you look closely, you’ll see that the stablecoins are more related to the practical use cases that a currency also expects, with the benefit of being a blockchain-based cryptocurrency like USDC.

Since its inception, cryptocurrencies have had various aspects that each other cares about. Some see it as another investment asset, others take this extreme and consider it a get-rich-quick scheme, some criticize it for its volatile nature and therefore some of them do not consider it as valuable as traditional currencies. But the stablecoins are designed to bridge cryptocurrency technology and users by minimizing the flaws of digital assets.

In short, stablecoin emerged after eliminating the disadvantages of cryptocurrencies, which made them unable to replace traditional currencies. They are far better than crypto assets like Bitcoin and Ethereum etc in terms of stability, security, speed and transaction fees etc.

Start of stablecoins

With the launch of the first stablecoin, Tether, in 2014, the concept of the stablecoin took off and people took it hand in hand. Tether stablecoin is backed by the US dollar as stablecoins are pegged to all fiat assets.

Although the stablecoin is considered centralized as its development, control and the company behind the work controlled by the cryptocurrency. Knowing a little bit about Tether is important to get an idea of USDC and why it is better than USDT.

USDC

First things first, USDC or USD Coin is a stablecoin that is collateralized or pegged to fiat assets. Its offerings consist of the advantages of blockchain technology while minimizing the risk of price fluctuations.

USDC is an ERC-20 token on the Ethereum blockchain and is fully backed by US dollars. It follows that the company has an equal number of US dollars in its holdings equal to the number of USD coins in circulation.

Origin of the stablecoin

USDC was launched in October 2018 by a consortium called CENTER. It is a partnership with the largest US crypto exchange, Coinbase, and a fintech services company, Circle. Their goal was to develop price-stable crypto and related network protocols.

The stablecoin came and tapped into the significant problems as the coins previously planned. The main goal was to deal with high volatility and solve the issue of convertibility between cryptocurrencies and fiat currencies.

When the stablecoin Tether emerged, the problems that came with it. First, the USDT was unaware of how it works, the USD reserves it holds. In short, there was a lack of transparency with USDT, which was seen as a key feature of a cryptocurrency.

Circle and Coinbase, sensing industry unease due to USDT, see this as an opportunity and are pushing ahead with their stablecoin plan to fill the gap. Ticking all the necessary boxes to be a worthy stablecoin also mitigated the downside that made up USDT. The result of the efforts soon reflected USDC’s popularity among users. Despite launching years after USDT, it posed a formidable challenge for stablecoin, making it one of the top five cryptocurrencies in the world.

The gaps USDC filled in the stablecoin space

Stablecoin users were skeptical about Tether whether or not it had US dollars in reserve; USDC sensed it and removed that color dot from users. They began publicly releasing a monthly statement of 100% reserves of fiat assets on CENTER.

The rules and guidelines were also created for members to clarify USDC issuance and redemption. CENTER consortium members must follow rules related to licensing, technology and operations, compliance, accounting and custody of fiat reserves.

Exchanges have become major users of USDC as they have used it as an alternative to fiat assets and currencies. By using the USD coin, their reliance on the banking system to maintain fiat account balances was drastically minimized.

Exchanges can now hold USDC instead of having the actual physical currency as the CENTER, or USDS would do so on their behalf. An additional benefit of USDC is that it is the only stablecoin supported by the DeFi ecosystem to date.

USDC tokenomics

His way of working is not demanding at all. An ERC-20 asset based on the Ethereum blockchain owns ether and other ERC-20 cryptos.

To redeem USDC, users can send the tokens to CENTER members’ controlled addresses. After collecting the token from the users, they destroy the tokens, what they call it for burning, and transfer the amount in fiat currencies to the same user’s bank account.

As we discussed before, let’s try to identify the use cases of USDC. It is clear that the USD coin token removes the need for bank dependency for transferring funds; This feature is available to both users and exchanges.

It is an Ethereum-based token and it is also an open-source stablecoin, so it is possible to integrate it into various Ethereum-based applications, which has advantages of being in the same ecosystem.

Even if it is said that DeFi protocols can also use USDC due to the simple fact that both are connected to the Ethereum blockchain, they will follow the previously mentioned principle. On DeFi protocols, USDC can be used for lending, borrowing, staking, and trading purposes.

Final thoughts on USDC

To date, the collaboration between Coinbase and Circle has meant that USDC creation appears to be going well and has been fruitful. Also, some rumors and criticism for the token are scattered here and there, but that is the case with almost every famous and well-known crypto after all.

Previously, USDT dominated the stablecoin market with a c.74% share, while Circle’s USDC had only 16% of it. But now the former has confined itself to a 45% market share while the latter has risen to 29%.

According to the reports, Tether has gained a market cap of 275%, while at the same time Circle’s stablecoin has seen a remarkable 987% growth in 2021.

Still, it has proven to be one of the excellent and legitimate stablecoins to trust, especially when compared to other options available. Currently, USDC’s total market cap is more than $52 billion and its current token market supply is also over $52 billion.

Steve Anderson is an Australian crypto enthusiast. He has been a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralization and understanding the true potential of blockchain.

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Samson Mow introduces new nation-state adoption of crypto in Bitcoin 2022

Sydney Barrett — Fri, 08 Apr 2022 04:40:07 +0000

Speaking at the Bitcoin 2022 conference in Miami, Samson Mow, Blockstream’s former chief strategy officer, identified three new jurisdictions that would adopt or propose Bitcoin (BTC) as legal tender. As Mow says, the first is that of the Caribbean island of Roatan, which is part of Honduras. Honduras Prospera Inc. is the organizer and promoter of the jurisdiction. Company President Joel Bomgar told the audience:

“Bitcoin within Prospera acts as legal tender. This means there is no capital gains tax on BTC, you can freely transact with BTC, and you can pay taxes and fees to the jurisdiction in BTC.”

Additionally, Bomgar announced that starting Thursday, the Prospera jurisdiction will allow municipalities in Honduras and companies outside of the United States to issue bitcoin bonds within Prospera. Additionally, accredited investors, i.e., US citizens who qualify for a high net worth or income threshold, can also invest directly in Honduras Prospera Inc. and receive securitized equity tokens.

The next jurisdiction to make bitcoin legal tender is Madeira, an autonomous region of Portugal. Miguel Albuquerque, President of the Madeira Regional Government, said that “in Madeira, individuals are not subject to capital gains tax when buying and selling bitcoin,” while touting the region’s 5% corporate tax rate in its free trade zone as one of the lowest in Europe.

Finally, Mexican Senator Indira Kempis presented the Mexican President with the possibility of enshrining Bitcoin as legal tender, in line with previous claims, commenting:

“In Mexico, 67 million people are not connected to our financial system. Bitcoin is the solution to this problem. Through financial inclusion and financial education, people can have a better quality of life.”

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Best Crypto Games to Play & Earn in April 2022

Sydney Barrett — Fri, 08 Apr 2022 02:37:30 +0000

A play to earn (P2E) crypto game is precisely what it says on the tin. That is to say – P2E titles allow you to earn digital assets while gaming, thus rewarding you financially for your engagement.

In this guide, we will discuss the best crypto games to consider playing in 2022.

The 10 Best Crypto Games for 2022

The blockchain gaming sector is garnering a lot of attention from investors.

If the idea of playing-to-earn sounds appealing to you, here are the 10 best crypto games to play right now:

Silks – Overall Best Play to Earn Crypto Game for 2022
Axie Infinity – Top Crypto Game With Multiple Rewards
Space Misfits – Popular Crypto Game Powered by the Enjin Blockchain
Decentraland – Metaverse Game with Huge Potential
The Sandbox – Buy Virtual Real Estate Using SAND Tokens
Mobox – Fun Crypto Game on the Binance Smart Chain
Illuvium – Fantasy World Game with NFT Creatures
Police & Thief – High Reward Crypto Game
Chain Games – A Blockchain Ecosystem With Multiple Crypto Games
Nakamoto Games – A Unique Play to Earn Crypto Game

Read on to find more about these play to earn crypto games and how you can make money with cryptocurrency.

We will also point you to the best platforms that you can use to buy metaverse coins – which will help you get started with your crypto gaming journey.

A Closer Look at the Best Play to Earn Crypto Games

Today, they are hundreds of play to earn games available, each packing a variety of features to attract crypto and NFT enthusiasts.

If you are interested in trying your hand at P2E crypto games, here are the most popular titles to play right now.

1. Silks – Overall Best Play to Earn Crypto Game for 2022

We found that Silks is the overall best crypto game in the market right now. This blockchain game is essentially a cross-over between horse racing and the crypto space, creating a metaverse that is parallel to the real world. For instance, in the Silks metaverse, you can purchase horses with digital assets.

These are, in fact, NFTs that represent actual thoroughbred horses in the real world. As a player, you will be able to track the real-world counterparts of your horses, as they breed, race, and develop. You can also acquire other resources on the Silks metaverse, which includes racing silks, stables, and land.

The more NFTs you purchase, the further the Silks economy will expand. In effect, this crypto game intends to promote collaboration between horse owners and land speculators within the virtual world in order to optimize rewards.

The Silks ecosystem operates with the help of two non-fungible tokens. The $STT token serves as the in-game transaction coin, which is also used to pay out rewards to players. The $SLK token is the governance coin built on the blockchain and governed by DAO. Crucially, Silks lets its users collect rewards by racing and breeding horses.

You will also be able to stake, mine, and earn more $STT coins as you progress. Silks is set to launch at the end of April 2022 and has already created huge interest among investors, making it one of the best NFT games of 2022. When the game advances further, the platform expects to add more ways for its players to obtain higher rewards.

Cryptoassets are a highly volatile unregulated investment product.

2. Axie Infinity – Top Crypto Game With Multiple Rewards

Axie Infinity is perhaps one of the most popular title among play to earn crypto games in this space. In this Pokemon-inspired battling game, players can collect, breed, and raise creatures known as Axies – which are NFTs that can be bought or sold at open marketplaces. In order to start playing Axie Infinity, you need to own at least three Axies.

During gameplay, you will also be able to battle and trade Axies and receive the Smooth Love Potion (SLP) cryptocurrency in return. This digital coin is primarily used for paying breeding fees in the game, however, it can also be sold on exchanges.

Axie Infinity also has a native token called Axie Infinity Shards (AXS). This is an ERC-20 governance crypto that can be used for staking and payments. Owning AXS will also let you participate in the Axie Infinity economy.

Since its launch in 2020, this digital coin has witnessed growth of over 46,000%. If you are hoping to make capital gains from this asset, you can buy Axie Infinity via the eToro platform from just $10 at industry-leading fees.

Cryptoassets are a highly volatile unregulated investment product.

3. Space Misfits – Popular Crypto Game Powered by the Enjin Blockchain

Space Misfits is a multiplayer game that leverages the Enjin blockchain protocol. In this top crypto game, you get the chance to explore different worlds, while competing to collect resources and expand your fleet in space. In other words, you will need to fight other players to conquer the galaxy and win in-game rewards.

These rewards are paid out in BITS, which is the in-game crypto coin for Space Misfits. You can earn this token by completing various tasks, such as by becoming a trader, or by hunting down NPCs. The platform also has plans to facilitate the conversion of BITS into ERC-20 tokens, so that you will be able to sell them in exchange for fiat money.

Apart from BITS, the game also supports a wide selection of NFTs. Space Misfit is just one of the many crypto games powered by the Enjin blockchain. In fact, Enjin provides access to some of the best NFT development tools available today. If you would like to invest in this network, you can buy Enjin at eToro right now with a debit or credit card.

Cryptoassets are a highly volatile unregulated investment product.

4. Decentraland – Metaverse Game with Huge Potential

Decentraland is a virtual world that allows you to purchase and sell plots of land using cryptocurrencies. Landowners in this game have the power to draw policies of the world and determine how it behaves.

To get started. Decentraland requires you to build a personalized avatar. You can then enter the virtual world, explore it, and interact with other players. If you are looking to buy land in this world, you will need to buy MANA coins – which can be purchased on cryptocurrency platforms such as eToro. Each piece of land you buy is represented by an NFT token.

You can also invest in wearables for your avatar on Decentraland using MANA tokens. As with other blockchain games, the NFTs you collect from Decentraland can be sold and traded in the open marketplaces. MANA is actually one of the best-performing cryptocurrencies in recent years – with growth of over 25,000% since it was launched in 2020.

Cryptoassets are a highly volatile unregulated investment product.

5. The Sandbox – Buy Virtual Real Estate Using SAND Tokens

The Sandbox is an immersive metaverse where players can create virtual worlds and monetize their gaming experiences. It has a range of different universes to pick from – such as the likes of Summer Jam Land and The Walking Dead Land. Within the game, you can buy plots of land which are pieces of digital real estate.

Much like the other crypto games that we have discussed so far, these assets are NFTs which makes them tradable. Moreover, the plots on The Sandbox have a capped supply which makes them scarce, and as such, your NFTs stand a good chance of appreciating over the course of time.

Apart from land, you can purchase and sell other features using the SAND token. Players can also trade NFTs within the platform, which can then be used to customize their Avatar’s experience. The original version of The Sandbox was released in 2012, but it was only in 2018 that the name was adopted for a blockchain-based game. Since then,

The Sandbox has become as popular as Minecraft and already has a thriving community of users interacting and sharing ideas to create more innovative experiences across the platform. If you are interested in getting started with this game, you can buy Sandbox tokens from a reputable broker like eToro with low fees.

Cryptoassets are a highly volatile unregulated investment product.

6. Mobox – Top Crypto Game on the Binance Smart Chain

Mobox is another popular play to earn crypto gaming platform that runs on the Binance Smart Chain. This DeFi ecosystem features multiple free play to earn crypto games from different blockchains – by combining yield farming with NFTs.

This means that you can get started for free. However, in order to process any transactions, or take part in staking, you will need to acquire MBOX tokens – which is available to purchase on Binance.

Depending on your preferences, you can choose to farm, or battle in order to generate crypto rewards. These incentives are offered in the form of MOMO NFTs. You can also trade your MOMOs or stake them to farm MBOX tokens. It is also possible to use your NFTs as collateral within the Monox universe.

Cryptoassets are a highly volatile unregulated investment product.

7. Illuvium – Fantasy World Game with NFT Creatures

Illuvium allows players to travel across a fantasy world, battling with creatures called Illuvials. The aim is to collect these creatures and use them to fight against other players.

As you can guess, these Illuvials are NFTs that can be exchanged or sold in online marketplaces. You will also be able to use them in your quests within the game as well as for completing challenges. Illuviam is still in the Beta phase and is expected to launch on PCs in the next few months.

The Illivials you collect can be customized and each one belongs to a distinct affinity and class. There are a total of five classes and affinities, with different strengths and weaknesses.

The more your Illuvials fight within the game, the more powerful and valuable they become. The game’s native token ILV has already witnessed growth of over 800% since 2021.

Cryptoassets are a highly volatile unregulated investment product.

8. Police & Thief – High Reward Crypto Game

Police & Thief follows a plot that you can easily assume, however, this crypto game also has a few features that make it truly unique. In summary, this game has two types of players – police and thief. When playing, you are trying to rob a stash of $LOOT – which is the in-game crypto asset. Now, the trick is that you will not know whether you are a thief or police.

The game starts with the player minting for LOOT tokens. This you can do by purchasing the coin from an NFT marketplace. And then, when you mint, there is a 90% chance you will be a thief and only a 10% chance that you will be the police. The rest of the game plays out depending on the type of character you get assigned to.

Police & Thief allows you to earn LOOT in return for staking. However, the rewards you collect will depend on the actions you choose to make – whether you unstake, harvest, or mint your coins. On the other hand, if you happen to be the police, you stand the chance to receive high rewards, in the form of bribes from thieves and other freebies.

As imaginable, the game can be complicated at first, especially considering that the returns you receive are greatly dependent on chance. If you are eager to play this game, you can buy Ethereum from one of the online brokers like eToro. You can then use ETH tokens to buy $LOOT from an NFT marketplace like OpenSea.

9. Chain Games – A Blockchain Ecosystem With Multiple Crypto Games

Chain Games is an NFT platform that gives you access to seven different titles. These titles vary largely in styles – so, whether you are looking to participate in multiplayer racing, battle against a rival, take part in rocket league, or capture a flag, Chain Games has it all.

The only requirement is that you need to purchase CHAIN tokens in order to start playing these games. As you can imagine, the rewards will also be paid out in CHAIN coins, which you can stake on the platform to boost your earnings. The platform also regularly conducts events and tournaments, presenting you with more opportunities to acquire more CHAIN tokens.

10. Nakamoto Games – A Unique Play to Earn Crypto Game Ecosystem

Nakamoto is another platform that gives you access to a large library of play to earn games. Instead of relying on a single title, it presents you with a diverse selection of over 100 games to pick from.

In this sense, Nakamoto is somewhere similar to Mobox. You can use the platform’s native token NAKA to access all supported titles. As you can see, the biggest advantage is that this platform boasts something for everyone under one umbrella. That said, Nakamoto Games itself did not develop all of the titles it has on offer.

Instead, it employs other developers to create games, thus catering to the different tastes and interests of the online community. If you are looking for the best crypto investment games, you might want to consider Candy Shop, Naka Runner, or Dunk Hunter.

The NAKA token has a variety of applications within the ecosystem, such as governance and incentive mechanisms. You can also use this digital coin to acquire ammunition and other resources within games.

Where to Buy Crypto Coins & In-Game Assets for Blockchain Games

As we noted earlier, in order to make the most of the best blockchain games, you should have access to popular crypto coins. This means that you should choose a credible cryptocurrency platform that supports your chosen assets.

If you do not want to spend time researching the many crypto exchanges in the market, you can get started with one of the top platforms listed below.

1. eToro – Overall Best Platform to Buy Cryptocurrency

If you are in need of a simple, yet efficient platform to buy cryptocurrencies, then look no further than eToro. This highly reputable online broker was founded in 2007, and since then has catered to millions of investors and traders from all over the world.

The platform lets you buy and sell nearly 60 digital assets – all of which can be purchased at low fees. This includes large-cap tokens like Bitcoin and Ethereum, as well as well-known gaming coins such as the Sandbox, Decentraland, and more.

In order to buy cryptocurrency, eToro accepts payments via bank transfers and debit/credit cards. The platform also supports e-wallets such as PayPal, Neteller, and Skrill. Moreover, eToro comes with an in-built wallet in case you are looking to hold your cryptocurrencies for the long term.

On top of this, eToro also supports a variety of other financial assets, ranging from equities, ETFs, commodities, and forex. You will also be able to buy both US-based and international stocks in a commission-free manner.

If you are looking to buy crypto gaming coins on the go, eToro also offers one of the best crypto apps – which allows you to purchase digital assets with ease, anytime from anywhere. And above all, eToro sets itself apart by being one of the few regulated online cryptocurrency brokers in this space.

This platform holds licenses from top-tier financial authorities such as the SEC, FCA, ASIC, and CySEC. Moreover, eToro is also popular for its social trading features, which lets you interact with other traders on the platform and even copy their cryptocurrency investments into your own portfolio.

Cryptoassets are a highly volatile unregulated investment product.

2. Crypto.com – Buy 250+ Cryptocurrencies and NFTs

With over 250 cryptocurrencies on its exchange, Crypto.com is one of the best platforms that you can use to buy digital assets for NFT gaming. The provider is particularly useful for mobile-first users, as most of its services are accessible via its app.

Crypto.com packs a variety of features, which includes instant purchase of digital assets, credit card services, loans, and more. It even has a dedicated NFT marketplace that lets you acquire collectibles in the categories of art, gaming, sport, music, and crypto.

This provider also lets you purchase cryptocurrencies directly using your credit/debit card, instantly – however, bear in mind that this might incur a fee as high as 2.99%. You will also be pleased to know that Crypto.com accepts payments via bank transfers and in 20 different fiat currencies.

You can get started with this platform in a matter of minutes. You only need to sign up by providing your email address and submit a copy of your identification document to get verified. Then it is just a matter of funding your account and choosing the gaming cryptocurrency you wish to purchase.

As noted earlier, Crypto.com is also known for offering crypto interest accounts, which allows you to earn passive income. This feature is supported for 50 digital assets, including some of the popular gaming coins such as Enjin.

Moreover, you can choose between a fixed or flexible lock-in period. On top of this, Crypto.com also comes with a separate non-custodial wallet app that you can use to store over 100+ coins.

Cryptoassets are a highly volatile unregulated investment product.

How do Play to Earn Games Work?

The decentralized gaming space is emerging as one of the most popular ways to leverage blockchain technology. In the simplest of terms, play to earn crypto games present you with innovative ways to generate tojken rewards.

This usually means that you can earn in-game digital assets by carrying out quests, completing tasks, winning battles, or participating in other challenges. How much you earn will ultimately depend on the P2E game of your choosing.

For example:

Take the case of a conventional video game.
Players collect items such as weapons, property, or wearables as they progress in the game.
However, these features ultimately belong to the maker of the game, and not to players.

This is where blockchain games come into play.

The best crypto games leverage the immutability of blockchain technology to create NFTs that are one of a kind.
In other words, these come in the form of non-fungible tokens (NFTs) or other crypto assets that are unique as well as transferable.
Therefore, when you collect rewards – which are NFTs/cryptos, you will be able to sell them or trade them with others.
You can even export the NFT and remit them for US dollars.

On top of this, some of the best crypto games also support in-built staking and yield farming facilities, allowing you to boost your returns even further.

Once you get a grasp of how crypto games work, you can start looking for titles that appeal to you. There are virtually hundreds of play to earn games out there.

Therefore, before you jump in, you should take time to understand how the rewards are paid out, what investment is required from your end, and how you can cash in the crypto gaming coins you receive.

Types of Blockchain Games

Thanks to the popularity of NFTs, today, the best crypto games are available in virtually any niche that you can think of.

To give you an overview, below we discuss a selection of blockchain game types that might interest you.

Fantasy Sports

Fantasy sports games have garnered the attention of online players for a few years now, and with the integration of blockchain technology, these titles have created a new revolution that will bring in more transparency and legitimacy.

In these games, players can put together a virtual team of real-life sports players and put their teams up against others. Sorare and TradeStars are two popular crypto games that let you participate in fantasy sports.

Battle Games

Battle of Guardians and Space Misfits are popular examples of the best crypto games to focus on exploration, survival, and wars. These allow you to collect rewards when completing challenges or by acquiring weapons.

Virtual World Games

Perhaps the most popular crypto games are those that allow you to own real estate in a virtual world. Some of the common examples of this category include Decentraland and Sandbox.

In these games, you will also be able to buy other assets such as wearables and real estate NFTs, all of which can then be traded on marketplaces.

Racing Games

There are also a number of titles that focus on races – such as RaceFi, or Crypto Kart, which is part of Chain Games. In these games, you collect rewards by winning races, or by purchasing NFTs in the form of wearables.

Although these are still in their early stages, numerous titles have already emerged as some of the best games to earn crypto in 2022.

You will also find a long list of blockchain games that allow you to solve puzzles, find lost objects, and play cards. As more and more games emerge, we can expect further innovation in the crypto gaming sector.

Benefits of Playing Crypto Games

Throughout this guide, we have discussed the best crypto games and how you can earn rewards from them. Nevertheless, some of you might be wondering whether it is worth trying your hand at top blockchain games, or whether it is simply a waste of time.

In order to provide you with a clearer picture, below we list some of the benefits of playing crypto games.

Ownership of Assets

One of the main reasons why most investors choose to play P2E crypto games is to earn money. However, you might have noticed that many top crypto games offer rewards in the form of NFTs.

Nevertheless, gaming NFTs are unique and transparent. In other words, when you purchase in-game assets, you attain ownership of them.

Depending on the game, the NFTs you collect could be player avatars, characters, creatures, special items, or any other artifacts.

These NFTs can be traded, or sold on other platforms, allowing you to earn fiat or other cryptocurrencies in return. Moreover, you will also be able to save these rewards, until you find the right time to cash out.

Earn Crypto Playing Games

Other than NFTs, a number of top crypto games also offer you digital assets in return. One such example is the game Coin Hunt World. In this mobile crypto game, you have to explore neighborhoods in search of keys, which you can use to unlock quizzes.

When you answer correctly, you will get rewarded with cryptocurrencies such as Bitcoin or Ethereum. Similarly, games such as Police & Thief also allow you to boost your returns by staking the platform’s native token.

Fair and Transparent Outcomes

Conventional games are typically created by centralized establishments and as such, there is no way to know whether the outcomes are tampered with or not.

On the other hand, the best crypto games are created on blockchain technology and are completely transparent. This is because smart contracts are immutable, which ensures that the game outcomes are truly random.

Where to Play Blockchain Games

You can play P2E crypto games via your main web browser or through a mobile app. That said, as you can imagine, this will ultimately depend on the blockchain game you choose.

For instance,

Axie Infinity is a game that is available to play on Chrome, Firefox, and Edge, as well as Android and iOS.
On the other hand, Decentraland is available only via laptop devices.

In fact, once a blockchain game is launched, it might take a while for the developers to release a mobile version.

As such, some of the best crypto games that are still up-and-coming – such as Silks, are likely to be accessible only via desktop devices until they are fully optimized for smartphones and tablets.

Upcoming Play to Earn Games

If you are looking for the best opportunities to grow your crypto income, then it would be wise to keep an eye out for upcoming play to earn games.

By investing early in new projects, you stand the best chance to buy the associated cryptocurrencies at a low entry price and benefit from any potential growth.

Moreover, many blockchain games give early access to interested users, so that initial adopters can get a headstart.

With this in mind, below we look at some of the best crypto games that are set to launch later in 2022:

Silks – As we noted earlier, Silks is perhaps the most anticipated crypto game of the year. It bridges the gap between real-world thoroughbred horse racing and cryptocurrencies. In the Silks ecosystem, you can purchase and trade NFTs that represent real-world horses.
Rainmaker – Rainmaker is a skill-based blockchain game that targets stock market enthusiasts. You can play this fantasy trading game, employ investing strategies, and improve money management procedures. The game even leverages live market events and data to simulate real-time market conditions.
RaceFi – This is a car racing game built on the Solana ecosystem. In RaceFi, players can own in-game properties as NFTs and earn rewards by participating in races.

There is no shortage of ways to earn crypto playing games these days.

That said, you should always do your due diligence before investing in any NFT or digital coin, as cryptocurrencies are inherently volatile, and thus – you stand the risk of losing money.

Play to Earn Games on iOS & Android

If you are in search of crypto games for Android, we suggest that you look for established titles such as Axie Infinity, The Sandbox, or Sorare. These are also available as crypto games for iOS.

As we mentioned earlier, creating responsive blockchain games can be a sophisticated task, and as such, it might take a while for a particular platform to release a fully-optimized mobile version.

Conclusion

The crypto gaming space is gearing up to become one of the most exciting elements of the blockchain ecosystem. The 10 best crypto games discussed on this page are only a fraction of what is available in the market.

Nonetheless, it is safe to say that play to earn crypto games are here to stay, presenting investors with an interesting opportunity to generate passive income.

If you are looking to tap into the blockchain game market, you can buy popular digital coins such as Decentraland, Axie Infinity, and Sandbox from eToro.

The eToro platform is not only user-friendly – but it allows you to buy crypto from just $10 per trade at industry-leading fees.

eToro – Best Place to Buy Crypto Game Coins

Cryptoassets are a highly volatile unregulated investment product.

Frequently Asked Questions on Crypto Games

Can you get Bitcoin by playing games?

There are a number of play to earn crypto games that offer Bitcoin as a reward to players. One example is Coin Hunt World, where users are rewarded with coins such as Bitcoin or Ethereum as well as other in-game items.

What games can you play to earn crypto?

The best crypto games come in all shapes and sizes. Whether you are interested in playing cards, engaging in battles, growing crops, or even participating in fantasy sports, you will find a blockchain game for you.

What is the best crypto for gaming?

Some of the best cryptocurrencies for blockchain games include Axie Infinity, Decentraland, and Sandbox.

Are blockchain games free?

There are some platforms such as Mobox that allow you to access blockchain games for free. However, with the majority of the best crypto games discussed on this page – you will need the platform’s native digital token to purchase other assets.

What is the number one blockchain game?

There are several popular blockchain games that lead this market – such as Decentraland, Axie Infinity, and Sandbox. These titles have already built a solid reputation and have attracted thousands of players.

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Pioneer for the decentralized Web 3.0

Sydney Barrett — Fri, 08 Apr 2022 01:35:48 +0000

Blockchain Oracles: They serve as an ideal gateway for the development of hybrid smart contracts.

The continued growth of the crypto market over the past decade has helped greatly fuel the development of blockchain oracles. In their simplest, most fundamental meaning, oracles can be thought of as digital entities that can connect blockchains to an external platform, allowing the former to leverage smart contracts and execute commands based on inputs and outputs coming from various real-world sources.

More specifically, oracles serve as an ideal gateway for decentralized Web 3.0 systems to gain access to a wide range of data streams, legacy systems, etc., enabling the development of “hybrid smart contracts”.

These offerings are able to combine on-chain code and off-chain infrastructure to help build future-ready decentralized applications (dApps) capable of reacting to real-world events while being fully integrated with traditional ones systems to be interoperable.

Blockchain Oracle: Some Examples

Considering how many different types of off-chain resources exist today, there are quite a number of blockchain oracles available to users now. Some prominent examples are:

Enter Oracle: These are by far the most used types of oracles on the global tech landscape today. They are designed to collect data from real (off-chain) environments and deliver it to a specific network. One of the most common uses of these oracles is “live price feeds”.
spend oracle: These systems are primarily designed to allow smart contracts to send commands off-chain, allowing the execution of niche transactions. Exit oracles are most commonly used by decentralized banks and IoT networks.
Cross-chain Oracles: As the name seems to imply, these unique oracles are able to read/write information across a number of different blockchains, allowing data from one network to be used to trigger specific actions in another system.
Calculating Oracles: While not as common as their counterparts above, this new generation of oracles are designed to leverage secure off-chain information to provide users with decentralized services that would otherwise be impractical to access.

Blockchain oracle use cases are growing rapidly

Due to the unique financial and technological proposition of blockchain oracles, smart contract developers continually use these platforms to build a range of decentralized applications that can be deployed across a variety of different domains. Some of these rooms include:

Decentralized Finance (DeFi)

The success of the decentralized finance (DeFi) sector largely depends on oracles able to feed platforms (operating in this space) with real-time financial data, specifically information on various digital assets and speculation-driven markets. For example, DeFi money markets use the power of price oracles to assess an individual’s borrowing ability and determine if their existing positions are under-collateralized (and therefore subject to liquidation).

Many oracles are able to track changes related to dynamic NFTs, which can change their native properties depending on external events, including temperature jumps/drops, time of day, etc.

environmental sustainability

There are oracles designed to support hybrid smart contracts with causes related to environmental sustainability that allow them to promote green practices through various verification techniques. In this regard, certain oracles are able to feed smart contracts with environmental data ranging from sensor recordings to spacecraft images to live AQI measurements (and everything else in between).

insurance

Entry oracles play an important role in ensuring that insurance-centric smart contracts are able to verify the occurrence of insurable events when a monetary claim is submitted by an individual.

Mainstream utility for businesses

Thanks to the use of cross-chain oracles, mainstream companies have the ability to route large amounts of data between their backend systems and external blockchain platforms.

The Impact of Oracles on Web 3.0

Right at the start, it should be noted that oracles have helped bring to life many of the core philosophies underlying Web 3.0 (e.g. transparency, decentralization, etc.). For example, they allow Layer 1 protocols – like Bitcoin, Ethereum, etc. – to collect a wide range of information from secondary/external blockchains as well as off-chain databases.

To illustrate, let’s take an example of where a regulator would want to ensure the veracity of an individual’s identity. This can easily be done with decentralized systems so that the regulator can simply use an oracle to communicate with each state’s proprietary driver database and verify that the information provided is correct. Once the person’s identity has been verified, a smart contract can be deployed to automatically facilitate certain actions without the need for human intervention.

Well-known blockchain oracle projects you should know about

chain link

Chainlink can best be described as a decentralized network of nodes capable of providing its users with a range of real-time data transmitted from off-blockchain sources to on-blockchain smart contracts via the use of oracles. Technically, Chainlink’s smart contracts are pre-specified and capable of not only evaluating live data, but also automatically executing specific actions when conditions are met.

LINK is the native crypto token of the Chainlink ecosystem. Not only can it be paid for a variety of services within the network, but it can also be used for other, external purposes. For example, they can be used to facilitate deposits initiated by node operators (as and when ordered by contract builders).

QED

QED is essentially a decentralized oracle that can seamlessly connect a range of blockchain networks, smart contracts, and external data sources. QED’s precursor, DelphiOracle, operates algorithmic stablecoins, prediction markets, as well as other dApps operating in the EOSIO ecosystem.

Due to its extremely robust, dynamic operating framework, QED is able to allow its oracle ecosystem to use external collateral as a bond in relation to its smart contracts, thereby mitigating many systemic risks that could affect the platform in the long run (such as poor network performance).

API3

From the outside, API3 can be seen as a collaborative project that aims to provide a variety of API services for smart contract platforms in a way that is not only based on transparency (i.e. decentralized), but also requires a minimum level of trust between its participants.

More specifically, the project is governed by a Decentralized Autonomous Organization (DAO) – also known as API3 DAO – which ensures that all of its coding data is available to developers in an open-source format, while maintaining a high level of operational transparency is maintained.

I do not know

Similar to many of the above projects, Witnet can be viewed as a decentralized oracle network (DON) designed to connect smart contracts to real-world data sources. More specifically, the platform allows third-party software to collect information published by any web address at any given time – complete with verifiable evidence of the data’s accuracy.

Witnet boasts a well-developed blockchain ecosystem along with a native crypto token that miners can earn by “retrieving web content, confirming it, and delivering it to the system’s customers.” Finally, WIT can be used to pay for a variety of internal operations such as: B. Incentives for witnesses to perform various Retrieve-Attest-Deliver (RAD)-related tasks.

Do you have anything to say about blockchain oracles or something else? Write to us or join the discussion on our Telegram channel.

Disclaimer

All information contained on our website is published to the best of our knowledge and belief and for general information purposes only. Any actions taken by the reader based on the information contained on our website are entirely at your own risk.

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Okcoin reports a 210% increase in institutional stablecoin purchases and rising demand for Bitcoin DeFi services amid rising inflation

Sydney Barrett — Thu, 07 Apr 2022 23:33:48 +0000

Q1 activity on Okcoin suggests that institutions are increasingly turning to stablecoin investing and decentralized financial services for bitcoin holdings

SAN FRANCISCO, April 7, 2022 /PRNewswire/ — Okcoin, one of the world’s largest and fastest growing cryptocurrency platforms, reported today that stablecoins accounted for 34% of institutional trading volume on Okcoin in Q1 2022, a 25% increase from Q4 2021 and an increase of 210% from Q4 2021 equals Q1 2021. Institutions’ investments in Okcoin in Q1 also showed a growing interest in diversifying their bitcoin operations, with purchases of Stacks (STX) — an asset offering BTC loans/ lending, prediction markets and more – up 43% from Q1 2021 The timing of both trends aligns with rising global inflation rates over the past year and underscores the role of bitcoin and stablecoins as a hedge against the decline in fiat purchasing power.

“The institutional trading activity we’ve seen at Okcoin reflects macroeconomic expectations of sustained spikes in inflation,” he said Jason Lau, COO of Okcoin. “As a scarce commodity, bitcoin has always been an attractive inflation hedge, but now we’re seeing large holders taking their positions a step further by entering decentralized bitcoin lending and lending, yield farming, and more. While stablecoins don’t offer an uptrend, they also provide access to DeFi yield opportunities and are an ideal mix of stability and liquidity, which is particularly attractive to investors today.”

Notably, institutional purchases of Tether (USDT), the largest stablecoin by market cap, on Okcoin surpassed those of Bitcoin for the first time January 2022, US inflation hit a 40-year high of 7.5% in the same month. Other notable stablecoin activity among institutions includes a 470% increase in TerraUSD (UST) purchases and a 365% increase in USDK purchases between January and March 2022.

In addition to the 43% increase in STX purchases, institutions made significant investments in Arkadiko (DIKO), a Stacks-based Bitcoin loan repayment network, with a 480% increase in purchases of DIKO from Q4 2021- for Q1 2022. Purchases of NYCCoin (NYC), which is stackable and can be staked by investors to generate returns in Bitcoin, rose 134% by the end of March after the asset was listed January 2022.

The story goes on

Rising institutional involvement in bitcoin-based DeFi services was further underscored in the first quarter by the oversubscribed launch of Bitcoin Odyssey, a pledge by venture capitalists to deploy it $165 million in startups developing solutions for the adoption of Bitcoin. Co-founded by Okcoin and the Stacks Accelerator, the collective includes Digital Currency Group, GBV Capital, White Star Capital and GSR, among others.

Visit okcoin.com/institutions for more information.

About Okcoin
Founded in 2013, Okcoin is a US-headquartered cryptocurrency exchange serving more than 190 countries and territories. The platform allows retail and institutional investors to buy more than 50 digital assets in local currencies with a mission to make crypto easy for everyone, including first-time buyers. Okcoin was the first centralized exchange to offer a direct entry into decentralized finance (DeFi) with Earn, a tool for earning APY through decentralized lending, liquidity pools, staking, and more. In addition, Okcoin offers institutional trading tools and APIs for asset managers, venture capital and hedge funds, retail brokers, payment processors, and more. Follow Okcoin on Twitter at @Okcoin and visit okcoin.com for more information.

decision

View original content: https://www.prnewswire.com/news-releases/okcoin-reports-210-increase-in-institutional-stablecoin-purchases-and-surging-demand-for-bitcoin-defi-services-amid-increasing -inflation-301520496.html

SOURCE Okcoin

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Buying a car with cryptocurrency 2022

Sydney Barrett — Thu, 07 Apr 2022 21:30:52 +0000

A quick look at online news or clips of the latest celebrity picks helps attest to the cryptocurrency’s ever-growing popularity. Although virtual currency was once such a futuristic topic that it was difficult for most people to imagine, it is now becoming commonplace. As cryptocurrencies — like non-fungible tokens (NFTs) and bitcoin — become more popular, there are new ways to use them to buy larger, more expensive items. It may even be possible to buy a car with cryptocurrency. Consider the following key statistics on various cryptocurrencies available – including the best ones to invest in – and the steps involved in buying a cryptocurrency car.

Key cryptocurrency stats

How cryptocurrencies are changing the way we live

Cryptocurrency is now part of numerous everyday financial discussions, from investments and portfolios to salaries and purchases.

Investing in Crypto

Investing in cryptocurrency has become increasingly popular due to the potential for large financial gains as well as the increase in the number of virtual currencies that can be invested in. Crypto could be an investment option worth considering, with 0.05% generally being the recommended initial allocation, in line with cryptocurrency’s representation in the global market portfolio.

Investing shouldn’t be taken lightly, however, as cryptocurrency is still volatile and doesn’t have the regulation that other investments (like stocks and bonds) may have. Additionally, there are cybersecurity concerns associated with crypto.

Which crypto to invest in

Bitcoin is often used loosely as a term when talking about cryptocurrency investments, even though it is just a type of digital currency. Bitcoin happens to be the most popular type of cryptocurrency with the highest market cap, which is why people often hear about it first, even though there are thousands of digital currencies to choose from. Here are the top 5 based on trading volume:

Bitcoin (BTC): The “original” cryptocurrency debuted in 2009 and has grown in popularity, dominating the market share among digital currencies.

Ethereum (ETC): Ethereum is popular for its ability to power NFTs and digital apps, and it can automatically initiate a contract when purchase conditions are met.

Tether (USDT): Tether is considered a stablecoin as its value is pegged to one US dollar.

Binance Coin (BNB): Binance Coin is a cryptocurrency issued by the world’s largest crypto exchange that can be used to purchase goods and services and make payments

USD coin (USD): USD Coin is considered another stablecoin as it is also pegged to the value of a US dollar and held in accounts regulated by traditional US institutions.

Use of crypto in our everyday life

One criticism of crypto is that it is difficult to use in everyday life, for example in the grocery store or at the gas station. However, in 2022 there seems to be more opportunities to use cryptocurrencies in everyday purchases. For example, there are now companies like Purse.io that allow you to shop on Amazon using Bitcoin or Bitcoin Cash. Crypto ATMs like Coinsource are also popping up, allowing you to buy bitcoin and send cash to other people.

As crypto continues on its growth trajectory, there will likely be more ways in which it can be used in everyday scenarios. Two examples of this are NFTs, which create ways to earn passive income, and cryptocurrency lending options, such as B. for car loans.

Buying a car with cryptocurrency

In 2022, buying a vehicle with cryptocurrency will become a reality. While there aren’t as many ways to buy a car with crypto as in the traditional car buying process, using crypto to buy a vehicle is possible. Auto brands like Tesla have helped drive the conversation by offering consumers options to use virtual currencies. But before embarking on this path, crypto owners should do their due diligence when researching.

Pros and cons of buying a car with crypto

Advantages of buying a car with crypto Disadvantages of buying a car with crypto

Crypto is becoming a more accepted form of currency, giving buyers more options. Transactions are only safe and secure when you have the exact wallet address of both parties.

Transactions are secured by authentication processes. The number of car dealers who accept this form of payment is still limited.

Transaction fees can be low to zero depending on the exchange used. The merchant may have a preferred virtual currency that may not match yours.

If the value of crypto increases, you could potentially buy a car that’s worth more than what you paid for in crypto. Crypto is very volatile, which means you could overpay for the car if the value of the crypto goes down.

Steps to buying a car with crypto

When buying a car with crypto, you have several options: you can buy from a dealer who accepts virtual currencies or from a private seller who accepts them. Finding a private seller who is familiar with the currency can present a major hurdle, so most people generally choose to work with a dealer. If you want to buy from a retailer, follow these important steps:

Step 1: Research which merchants accept cryptocurrencies.

Step 2: Take the time to research several cryptocurrency exchange apps and learn how they work. The dealership may have their own favorite app like BitPay that you can download and create an account for if you don’t already have it.

Step 3: Find out what virtual currency the dealership you want to work with accepts and see if it matches the currency you’re buying. Bitcoin is currently the most widely used.

Step 4: Select the vehicle to purchase.

Step 5: Follow the dealer’s replacement instructions.

Step 6: After completing the transaction, make sure you get proper auto insurance to cover you financially while driving your new vehicle.

Cars you can buy with crypto

If you can find a dealership that accepts cryptocurrency for a payment, you should be able to purchase any vehicles that the dealership has available. Thankfully, shopping with crypto is no longer limited to the luxury market as it was in the past.

Audi: You can buy an Audi with Bitcoin through CryptoExchange.

BMW: BMW has some dealerships that now accept virtual currency as payment.

Nissan: A Nissan dealership in Daytona, Fla., began accepting virtual currency DogeCoin for down payments up to the equivalent of $5,000.

Tesla: Tesla has made numerous headlines with its recurring acceptance of Bitcoin as a payment method. Currently, you cannot buy a Tesla directly with cryptocurrency, but you may be able to use an alternative method, e.g. B. the Car for Coin auction site.

Toyota: Though not available nationwide, an Idaho-based Toyota dealership now accepts several major cryptocurrencies for vehicle purchases, including Bitcoin Cash and Ethereum.

Merchants accepting crypto

Coach Nissan: Carriage Nissan, with locations in Athens and Gainesville, Georgia, accepts bitcoin payments through the Coinbase platform.

Motor Cars of Atlanta: MotorCars of Atlanta is a luxury car dealership based in Atlanta, Georgia that accepts bitcoin as payment.

Edmark Toyota: Edmark Toyota is a Nampa, Idaho-based merchant and accepts multiple forms of virtual currencies, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, NEO, IOTA, Cardano, and USDC.

Reed Jeep, Chrysler, Dodge and Ram: Based in Merriam, Kansas, the Reed retailer accepts Bitcoin payments for all of its inventory.

Bob Moore Auto Group: The Bob Moore Auto Group operates 16 dealerships across Oklahoma and accepts Bitcoin, Ethereum, and Litecoin for payments.

The future of crypto

Cryptocurrency is a hot topic that has raised a lot of questions. Virtual currencies are still relatively unknown, but they continue to gain popularity. Here are some current trends surrounding crypto in 2022 and beyond that are worth noting:

Regulations: Crypto has attracted the attention of lawmakers and institutions as more stakeholders look for ways to regulate the industry. US Securities and Exchange Commission Chairman Gary Gensler recently commented on several aspects of crypto, including the proposal to introduce “guard rails” for crypto trading and lending.

Bitcoin Price Volatility: One reason bitcoin — the most popular cryptocurrency — has been in the news so much in recent years is its extreme volatility. Bitcoin experienced a roller coaster ride of ups and downs in 2021, from a high of $51,000 in late December to a low of around $33,000 in late January. It is currently around $38,000, but it remains to be seen if Bitcoin will stabilize in the near future.

Greater acceptance: Even though Tesla is hesitant about accepting crypto, many other companies are embracing the idea. The industry will likely continue to see greater adoption as companies like PayPal and Square have bought into the cryptocurrency supply. Additionally, investments will continue to shift as more online brokers allow people to buy cryptocurrency.

bottom line

Much is still unknown about the logistics of cryptocurrency. While crypto is clearly gaining momentum and attention, there are still questions about what the future landscape looks like. Even as new practices are introduced, it can be helpful to know that if you have virtual currency, you can use it to buy a car. You’ll have to weigh whether it’s in your financial interest to buy based on virtual currency volatility, but there are certainly more ways to buy a car with crypto now than there have been in the past. If you choose to go down this route, it’s important to do your research beforehand and make sure you’re dealing with a reputable dealer and exchange.

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Bitcoin is treading water at $43.5K as interest rate concerns weigh heavily on global asset prices

Sydney Barrett — Thu, 07 Apr 2022 20:29:45 +0000

Global financial markets continued to face an uphill battle on April 7 after the US Federal Reserve recently issued hawkish comments that pointed to a rapid hike in interest rates as a way to curb rampant inflation.

Data from Cointelegraph Markets Pro and TradingView shows that Bitcoin (BTC) price hit an overnight low of $42,744 following the Fed’s comments and has since entered a consolidation pattern near the $43,500 support.

BTC/USDT 1-day chart. Source: TradingView

Here’s a look at what several analysts in the market are saying about the prospects for Bitcoin at these levels, and what support and resistance zones to watch to move ahead.

Bulls need to hold support at $43,100

Market analyst and pseudonymous Twitter user “Rekt Capital,” who posted the chart below that highlights the importance of the $43,100 support level, offered insights on next steps for Bitcoin based on its past performance in this zone.

BTC/USD 1 week chart. Source: Twitter

Rekt Capital said:

“If history repeats itself and BTC continues to hold the ~$43,100 level as support…then BTC could again enjoy upside potential into the high $40,000 and even the low $50,000.”

BTC and the NASDAQ

The correlation between Bitcoin and NASDAQ price action was highlighted in the chart below, published by filbfilb, co-founder of trading suite DecenTrader, who noted that “since 2019, multiple sell-offs at all-time highs on NASDAQ have resulted in sharp sell-offs in BTC also see correctly at the same time.”

NASDAQ vs. BTC/USD 1-day chart. Source: Twitter

Filbfilb said

“What followed was a reverse bullish head and shoulders reversal, confirmed by testing the 50 DMA and ATH on both Legacy and BTC; a possible scenario ahead.”

Further evidence of a possible imminent BTC breakout was provided by crypto analyst and pseudonymous Twitter user “TAnalyst,” who posted the chart below that looks at BTC’s price action when a price oscillator bounce occurs.

BTC/USD 3 week chart. Source: Twitter

TAnalyst said

“April 2012 price oscillator bounce then bull run. Price oscillator in March 2020, then a bull run. February 2022 price oscillator bounces… I will [leave it to] You last.”

Related: Bitcoin sentiment turns to “fear” as BTC price action hits $42.9k breakdown target

A breakout to $57,000 or a pullback to $36,000

The loss of support at $44,700 was “expected after losing that recent low,” according to crypto trader and Cointelegraph contributor Michaël van de Poppe.

BTC/USD 1 day chart. Source: Twitter

poppe said

“Currently on an important breaker. If we hold that, all good, seems poised for another leg up to $57k. If we don’t, I see a test around $36,000.”

The total cryptocurrency market cap is now $2.015 trillion and Bitcoin’s dominance rate is 41.2%.

The views and opinions expressed herein are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should do your own research when making a decision.

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How to Make Money With Crypto

Sydney Barrett — Thu, 07 Apr 2022 18:27:23 +0000

There are many ways to make money from the cryptocurrency markets. Not only does this include buying and HODLing digital currencies in the conventional sense – but also via staking, interest accounts, airdrops, play-to-earn games, and more.

In this beginner’s guide, we discuss how to make money with cryptocurrency in 2022 across 10 proven methods.

10 Ways to Make Money With Cryptocurrency

If you’re wondering how to make money from cryptocurrency right now – consider the 10 methods outlined below.

Investing in Promising New Coins Early – Overall Best Way to Make Money With Cryptocurrency

Staking and Interest – Earn Passive Income on Idle Cryptocurrency Tokens

Day Trading – Make Money by Trading Cryptocurrency Pairs

HODLing – Invest in Cryptocurrency and HODL Long Term

Play-to-Earn Crypto Games – Earn Rewards for Playing Crypto Games

Crypto Yield Farming and Lending – Generate an Attractive APY on Your Cryptocurrencies

Faucets – Earn Free Cryptocurrency by Completing Simple Tasks

Airdrops – Cryptocurrency Tokens Deposited Into Your Wallet for Free

DAOs – Buy a Share in a Decentralized Autonomous Organization

Mining – Mine Cryptocurrency by Connecting Hardware to Your Desktop Device

Cryptoassets are a highly volatile unregulated investment product.

We explain how to make money from the above 10 methods in the sections below.

1. Investing in Promising New Coins Early – Overall Best Way to Make Money With Cryptocurrency

The overall best way to make money with cryptocurrency is to invest in the best altcoins as early as possible. After all, had invested in Bitcoin when the digital currency was first launched in 2009, you would have paid a tiny fraction of one cent. Similarly, Ethereum was trading at just $0.75 per token when its token was released in 2015.

Both of the aforementioned projects are now worth thousands of dollars and have subsequently generated significant returns. A more recent example is Lucky Block – which is building a decentralized app that will facilitate global lottery games via immutable smart contracts. When this promising cryptocurrency initiated its presale in January 2022 – LBLOCK was priced at just $0.00015.

Since then, CoinMarketCap notes that Lucky Block has breached a price of $0.009. This represents gains in the thousands of percent in just a couple of months of trading. With that said, Lucky Block is still a super-young cryptocurrency project, and thus – you can invest in this project early. This will give you the best chance possible of investing at a favorable price.

Cryptoassets are a highly volatile unregulated investment product.

2. Staking and Interest – Earn Passive Income on Idle Cryptocurrency Tokens

There are two notable concepts in the cryptocurrency markets that enable you to earn passive income on idle digital tokens that you own. The first is crypto staking, which involves locking your tokens away for a certain amount of time to help validate transactions on proof-of-stake blockchain networks.

Examples of leading staking networks include Cardano, Tron, and very soon – Ethereum. Crucially, you will receive a rate of interest for as long as your tokens are locked away. With that said, if you engage in staking on the eToro platform – you won’t be required to meet a minimum lock-up period. Instead, you can withdraw your tokens at any given time.

The second concept to consider when learning how to make money with cryptocurrency in a passive manner is through an interest account. In its most basic form, crypto interest accounts operate in a similar nature to a traditional bank. This is because by depositing your cryptocurrency tokens, you will be paid a rate of interest.

However, unlike staking, your crypto tokens won’t be deposited into a smart contract. On the contrary, your chosen provider will lend your tokens to those that need to borrow funds. And therefore, the borrower will pay you a rate of interest for as long as the tokens are being lent out.

The overall best crypto savings account in the market right now is offered by Aqru. This reputable platform allows you to earn 7% per year on Bitcoin and Ethereum deposits and 12% on stablecoins like Tether. All accounts offered by Aqru are flexible, so there are no lock-up terms to meet. Moreover, you can even deposit funds in fiat money and buy cryptocurrency via the Aqru app.

Cryptoassets are a highly volatile unregulated investment product.

3. Day Trading – Make Money by Trading Cryptocurrency Pairs

One of the most lucrative ways to make money with cryptocurrency is to actively engage in day trading. However – there is a slight catch – you will need to at least have a basic understanding of how to analyze prices to determine whether the token in question is likely to rise or fall in value. If you can do this, you can make money trading crypto throughout the day.

The overarching concept with crypto day trading is that you will look to take advantage of short-term volatility. Furthermore, seasoned traders in this market will rarely – if ever, hold onto a position for more than a day. And as such, the objective is to open multiple positions throughout the day making smaller, but frequent profits.

To day trade digital currencies, you need to find a regulated crypto exchange that meets two core criteria – low fees and support for plenty of markets. Regarding the former, if you are day trading crypto with an exchange that charges high fees, you will struggle to make the process worthwhile. After all, your profitable trades will get eaten away by commissions.

For instance, Coinbase charges 1.49% per slide – which means that this fee needs to be covered before you can close the trade at a profit. eToro, on the other hand, is much more competitive. Furthermore, eToro gives you access to dozens of leading digital currencies, so you will never be short of a day trading opportunity.

Cryptoassets are a highly volatile unregulated investment product.

4. HODLing – Invest in Cryptocurrency and HODL Long Term

This method from our list of how to make money with cryptocurrency is arguably the best option for beginners. This is because HODLing – which is a play on the term ‘Hold’, simply refers to the process of buying a cryptocurrency and holding onto your tokens in the long run. This is no different from buying stocks and keeping the shares for several years.

And in doing so, you don’t need to worry about short-term price fluctuations – especially when investing in solid and established cryptocurrencies like Bitcoin and Ethereum. For example, in May 2021, Ethereum was priced at $4,300 per token. Just one month later, the price of Ethereum had dropped to lows of $2,100.

Had you panicked and sold your ETH tokens, you would have made a loss of approximately 50%. However, had you engaged in HODLing – by November of the same year, Ethereum was trading at nearly $4,900 per token. This is just one example of many. The key point here is that the most effective way to invest in cryptocurrency is via a long-term strategy.

Once again, in order to HODL your investments in the best way possible, you need to find a suitable exchange. eToro also fits the bill here, as you can invest in 60 leading cryptocurrencies from just $10 at industry-leading fees. Moreover, this exchange is approved by relevant licensing bodies in the US, and thus – you will be able to HODL long-term safely and securely.

Cryptoassets are a highly volatile unregulated investment product.

5. Play-to-Earn Crypto Games – Earn Rewards for Playing Crypto Games

When thinking about how to make money on cryptocurrency, you might be surprised to learn that this can be done by playing games. Make no mistake about it – the play-to-earn crypto game marketplace is now worth billions of dollars. There are many variations and types of titles in this space, albeit, perhaps one of the best crypto games to consider playing is Decentraland.

Put simply, Decentraland offers a metaverse that enables players from all over the world to create a virtual avatar, chat with other people, and most pertinently – buy plots of land. Once you have purchased a plot of land and built your own real estate project, this is then represented in the form of a unique NFT.

Then, you can sell your real estate NFT in the open market. Although this concept might sound farfetched, some plots of land in the Decentraland metaverse have sold for millions of dollars. This means that by investing early, you have the chance to buy an NFT at the best possible price.

Cryptoassets are a highly volatile unregulated investment product.

6. Crypto Yield Farming and Lending – Generate an Attractive APY on Your Cryptocurrencies

Another beginner-free way to make money with cryptocurrency right now is via yield farming and lending. Although both of these investment concepts allow you to earn interest passively, they actually refer to slightly different methods. First and foremost, crypto yield farming refers to the process of lending your idle tokens to a liquidity pool.

In the vast majority of cases, you will be providing much-needed liquidity to decentralized exchanges. Some of the leaders in this market include Pancakeswap and Uniswap on the Binance and Ethereum blockchain networks, respectively. When you deposit funds into a liquidity pool, it is often locked away for a minimum amount of time.

And, for as long as the tokens are in the liquidity pool, you will be paid a rate of interest. In many cases, the newer and less liquid that a cryptocurrency is, the higher the respective APY offered by the pool. When it comes to crypto lending, this refers to the same concept that we discussed earlier – insofar that you will deposit your digital tokens into a savings account.

And in doing so, your tokens will be lent to those that wish to borrow funds. When engaging in crypto lending, it is important that you choose your preferred platform wisely. This is because you always run the risk of borrowers defaulting. Once again, this is why Aqru stands out – as the platform only lends crypto to high-grade borrowers that have been pre-vetted.

Cryptoassets are a highly volatile unregulated investment product.

7. Faucets – Earn Free Cryptocurrency by Completing Simple Tasks

Cryptocurrency faucet websites give you the opportunity to earn free digital tokens by completing tasks. There are many platforms in this space and the specific tasks that you are required to complete will vary from one site to the next. For example, some crypto faucet platforms require you to complete captchas.

This is something that can be achieved by anyone – so no prior experience is needed. You then have crypto faucets that come in the form of a mobile app. These often require you to play newly launched games and when you complete certain milestones, you will earn free crypto.

However, it is important to note that the rewards on offer at crypto faucet platforms are minute. In fact, in most cases, each task that you complete will barely yield a few cents worth of crypto. Nonetheless, you are not required to deposit any money, so crypto faucets allow you to earn rewards in a risk-free manner.

8. Airdrops – Cryptocurrency Tokens Deposited Into Your Wallet for Free

In a similar nature to faucets, airdrops allow you to earn free cryptocurrency tokens without needing to deposit or spend any money. The main concept here is that some newly launched projects will distribute their native tokens directly into people’s wallets as a means to enter the cryptocurrency into circulation.

This is as opposed to a conventional presale and fair launch directly onto a cryptocurrency exchange. And as such, the project will not raise any funds when they initiate an airdrop. Although this might sound too good to be true, there are numerous examples of airdrops that have since gone on to become multi-billion dollar projects.

A prime example of this is Bitcoin Cash. When this digital currency was launched in 2017, it airdropped its BCH tokens to all wallet addresses that were in possession of Bitcoin. This was done on a 1:1 basis – meaning that for every 1 Bitcoin owned, you would have received 1 Bitcoin Cash.

In another example, popular cryptocurrency Stellar has airdropped millions of dollars of Lumens tokens since the project was launched in 2014. On the other hand, you do need to tread with caution when receiving an airdropped token. This is because scammers will often create and distribute a worthless token to random wallet addresses with pump and dump intentions.

9. DAOs – Buy a Share in a Decentralized Autonomous Organization

In addition to the metaverse and NFTs, decentralized autonomous organizations (DAOs) are expected to play a significant role in the future of cryptocurrency and blockchain technology. In its most basic form, DAOs refer to projects that are collectively owned by the community. And, in order to become a part-owner of a DAO, you simply need to hold the respective token.

There are many DAOs operating in this space and each project is unique from the next. One such example is Uniswap. This project is home to a decentralized exchange that enables people to buy, sell, and trade digital currencies without the presence of a centralized third party. Uniswap has since launched its DAO cryptocurrency and thus – the project is owned by token holders.

And, this means that any profits generated by the Uniswap exchange are subsequently distributed to those holding its DAO token on a proportionate basis. Moreover, those holding a DAO token have a say in how the respective project is run. This means that in order for a DAO project to make a decision about future development, it must first go to a vote.

10. Mining – Mine Cryptocurrency by Connecting Hardware to Your Desktop Device

The final method to consider from our list of the best ways to make money with cryptocurrency is through mining. In a nutshell, mining refers to the process of connecting specialist hardware to a desktop device, which, in turn, connects to the blockchain of the respective cryptocurrency. The idea is that miners enable the network to operate in a decentralized manner.

This is because transactions are validated when the mining equipment solves complex mathematical equations. And in return, miners are rewarded with newly minted cryptocurrency tokens that enter into circulation, and each block is verified. For instance, in the case of Bitcoin, a new block is created every 10 minutes, and this mints an additional 6.25 BTC.

This 6.25 BTC – which as of writing is worth over $660,000, is paid to the miner that successfully solved the equation for the respective block. Although at first glance this translates into a significant amount of money, Bitcoin mining consumes an unprecedented amount of electricity due to the complex nature of each mathematical equation.

Moreover, the amount of specialist hardware required to stand a chance of mining a new Bitcoin block is also considerable in dollar terms. With that said, there are many other cryptocurrency projects that require miners and in many cases, competition is thin on the ground. Ultimately, you just need to ensure that the mining rewards you receive are worth more than you invest.

Best Platforms for Trading & Investing in Crypto

So now that we have discussed the 10 best ways to make money with cryptocurrency – now we need to discuss suitable platforms that you might consider for this purpose.

To save you countless hours of research, the best platforms to make money from crypto are reviewed in the sections below.

eToro – Best Crypto Trading Platform

We briefly mentioned eToro earlier and for good reason. Put simply, eToro is the overall best platform to invest in and trade cryptocurrencies. Crucially, irrespective of whether you are looking to HODL cryptocurrency over many years or engage in a short-term day trading strategy – eToro has you covered.

First and foremost, this platform is heavily regulated – so you can engage with the cryptocurrency markets safely. This includes approval with regulators in the US, UK, Cyprus, and Australia. eToro offers nearly 60 leading cryptocurrencies to its 25 million+ registered users – so you can easily diversify.

Some of the most traded cryptocurrencies on the eToro website include Bitcoin, Ethereum, XRP, Dogecoin, Shiba Inu, BNB, and Cardano. And, we like the fact that the minimum trade size is just $10 – you can attempt to make money from cryptocurrency without needing to risk large sums of capital.

The minimum deposit for US clients is also set at $10, so this will suit those of you on a budget. We also mentioned earlier that eToro supports crypto staking. Unlike other staking platforms in this space, eToro does not require you to lock your tokens away for a minimum number of days or weeks. Instead, you can withdraw your tokens at any given time.

eToro also allows you to make money from cryptocurrency in a 100% passive nature across two leading products. First, you can invest money into a smart portfolio that is managed by eToro. There are many portfolios that focus on cryptocurrency and your basket of digital assets will be rebalanced and maintained on your behalf.

Second, if you like the idea of crypto day trading but don’t have the required time or knowledge, eToro enables you to copy the positions of an experienced investor like-for-like. You can access the eToro platform online or via its leading crypto app. Either way, eToro allows US clients to deposit funds fee-free via a debit/credit card, e-wallet, or bank transfer.

What We Like:

Make money by HODLing or day trading crypto

Minimum deposit is just $10

USD deposits are processed fee-free

Approved by licensing bodies in the US, Europe, and Australia

Nearly 60 cryptocurrencies supported

Earn interest by staking – no lock-up period

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Aqru – Best for Crypto Staking, Interest, and Lending

If you like the sound of earning passive income, Aqru is the overall best platform to make money with cryptocurrency for this purpose. As we noted earlier, Aqru is a trusted crypto lending site that offers some of the most competitive APYs in this space.

To reiterate, you will earn an APY of 7% on Bitcoin and Ethereum. If you’re seeking even higher gains, Aqru offers an APY of 12% on stablecoins. As of writing, this includes DAI, Tether, and USD Coin. In addition to high yields, Aqru stands out in this marketplace because all of its savings accounts are flexible.

This means that you can request to withdraw your cryptocurrency tokens whenever you wish. We also like the fact that your interest payments are credited into your Aqru account on daily basis. You can then reinvest these payments back into an Aqru savings account to benefit from compound interest.

When it comes to getting started with Aqru, you have the option of depositing digital tokens directly into the platform. Or, if you don’t have any cryptocurrency to hand, you can also fund your account in USD, EUR, or GBP. Supported payment methods include bank transfers and debit/credit cards.

What We Like:

Earn 7% per year on Bitcoin and Ethereum deposits

Stablecoins yield 12% per year

Both crypto and fiat deposits accepted

No lock-up terms – make a withdrawal at any time

Great reputation

One of the best places to earn interest on Ethereum

Cryptoassets are a highly volatile unregulated investment product.

Conclusion

This guide on how to make money with cryptocurrency has discussed 10 proven methods to consider in 2022. Some of the best methods that we came across include cryptocurrency savings accounts, play-to-earn games, yield farming, staking, and a long-term HODLing investment strategy.

With that said, the overall best way to make money from cryptocurrency is to invest in promising digital assets that are still at the very start of their road map journey.

In doing so, you can often invest in the project’s token at a highly favorable price. The best project for this purpose that we identified is Lucky Block – which is revolutionizing the global lottery industry.

Cryptoassets are a highly volatile unregulated investment product.

Frequently Asked Questions on Making Money with Cryptocurrency

How do I make money with cryptocurrency?

If you’re wondering how to make money on cryptocurrency, there are many methods to consider. In addition to investing in and trading digital currencies like Bitcoin, you can also generate gains via staking, interest accounts, yield farming, faucets, airdrops, play-to-earn games, and much more.

What is the best way to make money off crypto in 2022?

Perhaps the best way to make money off crypto right now is to invest in newly launched projects. Lucky Block is a great example here, as the project was only launched in January 2022.

Can you make money from mining crypto?

Making money from Bitcoin mining specifically is no longer possible without investing significant amounts of money in specialist hardware and ongoing electricity consumption. You can, however, either join a Bitcoin mining pool or simply mine a less competitive cryptocurrency.

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How 5ire is building a sustainability-focused layer 1 blockchain ecosystem

Sydney Barrett — Thu, 07 Apr 2022 13:23:46 +0000

Blockchain enthusiasts and founders Pratik “PG” Gauri and Prateek “PD” Dwivedi not only the same name, but also a common vision for the future viability of decentralized networks.

When they met in a tea shop in Delhi, they started talking about how a sustainable blockchain ecosystem could be built and scaled for a billion users.

In addition to a third co-founder – Vilma Mattila – this idea led to the creation of 5rda Web3 project to build a user-centric, sustainability-oriented ecosystem around 5irechain (a layer 1 blockchain).

“5ire stands for the fifth industrial revolution – a concept that I have advocated for many years. The thesis is that if you do more good in the world, you can make more money,” PG said in a video interview with The Decrypting Story.

“Last year I was at a turning point where I wondered how such a concept could be scaled to a billion people and accelerate progress from the fourth to the fifth industrial revolution. That’s where blockchain technology came in and we started building a sustainable blockchain ecosystem,” he adds.

5ire claims to be the world’s first sustainability-focused Layer 1 project (A Layer 1 network refers to a blockchain, such as Bitcoin, Ethereum, etc).

5ire has also aligned its network to United Nations Sustainable Development Goals (SDGs). Additionally, it is building its ecosystem with an exchange, wallet, NFT marketplace, as well as a VC fund to support the growth of other sustainable blockchain projects built on top of 5irechain.

Recently, the project announced that it had secured a 100 million dollars capital commitment Global Emerging Markets (GEM) Global Yield LLC SCS (GGY)as it attempts to go public.

Sustainability in the 5ire ecosystem

For the co-founders, quantifying and contextualizing the meaning of sustainability at 5ire required a significant amount of research, they say, adding that it’s important to note that the concept of sustainability is changing in global terms.

Prateek Dwivedi says: “Because sustainability as a concept can constantly change, it is important to build a corresponding blockchain system Forkless upgradeable. Ethereum, for example, doesn’t work that way and gets stuck or takes a lot of time to update itself. For us at 5ire, the governance mechanisms in place ensure easy upgradability and elasticity.”

According to the project’s lightpaper, 5ire embeds sustainability in the base layers of the network and the upper decision-making process that democratically governs the network.

Also, 5irechain is a Nominated Proof-of-Stake Blockchain with participants financially motivated and rewarded to bring sustainability out of their off-chain operations.

“We indexed sustainability factors to generate a score for the chain. For example, a project that uses geothermal energy will receive a higher score and will be better financially rewarded than a project that causes a significant amount of CO2 emissions. The 5ire network is therefore designed to work Projects are encouraged to move towards a beneficial paradigm‘ adds Praek Dwivedi.

The future of 5ire

5ire has worked with various nations, governments, corporations and educational institutions to expand its ecosystem. Its use cases include e-governance, smart cities, naming services, identity management, decentralized finance and more.

However, the co-founders admit that making it easier for stakeholders to adopt blockchain technology has been an ongoing challenge – mainly because the technology is new.

“Also, human capital was a challenge for hiring tech talent. To address this, we organize several hackathons and work with schools to create curricula around blockchain. When working with governments and universities, our solutions have been adopted because they prefer a sustainable network like ours over other Layer 1 blockchains,” says Pratik Gauri.

Going forward, the race to become the Layer 1 blockchain of choice will only intensify as projects like 5ire aim to disrupt the status quo and early adoption achieved by chains like Ethereum, BNB Chain, Solana (SOL), Polkadot (DOT), Avalanche (AVAX), Algorand (ALGO), Cardano (ADA), etc.

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New Kid on the Block, Baby Apollo Coin is offering staking pool promotional APRs to launch Out of This World

Sydney Barrett — Thu, 07 Apr 2022 10:20:40 +0000

Baby Apollo Coin will be offering promotional launch week APRs for their staking pools 24 hours after going live.

SPOKANE, Wash. — April 7, 2022 — (Newswire.com)

As part of ASTROCONOMY, Baby Apollo Coin will have its presale on April 9th, 2022 and the team will release its first round of staking pools with special “Launch Week APRs”. Their staking pools are currently undergoing functional, security, and penetration testing. The team will deliver their staking pools to the community within 24 hours of pre-purchase hardcap filling.

ASTROCONOMY: Multi-level reward ecosystem

On March 22, 2022, the Apollo Coin and Baby Apollo Coin team revealed the ASTROCONOMY to their Telegram community during a live video AMA (Ask Me Anything). The founders stated that ASTROCONOMY is a self-generating, tiered rewards ecosystem that includes deflationary tokens, BUSD rewards, Apollo Coin reflections, staking pools, farming pools, and much more. There are several ways to participate in ASTROCONOMY and we will look at some of them.

staking pools

The Apollo Coin development team has stated that their staking pools will be live 24 hours after their much-anticipated pre-sale closes. These staking pools offer holders two additional ways to get rewarded, separate from the regular reflections. There will be two pools where holders can stake their Apollo Coin or Baby Apollo Coin.

Holders who wager their Apollo Coin or Baby Apollo Coin will be rewarded with Baby Apollo Coin (BAPX). Stakers have five different locking and APR options to choose from. At launch, significantly increased rewards will be available to holders for the first 10 days of Baby Apollo Coin’s “Launch Week Promotional APRs” as shown in Table 1 (APX) and Table 2 (BAPX).

Apollo coin staking pool

blocking time DEFAULT APR ACTION APR

NO LOCK fifteen% 150%

15 DAYS* 25% 175%

30 DAYS* 35% 200%

90 DAYS* 50% 250%

180 DAYS* 75% 300%

Table 1

*10% early unstaking fee

Baby Apollo coin staking pool

blocking time DEFAULT APR ACTION APR

NO LOCK 10% 100%

15 DAYS* 20% 125%

30 DAYS* 30% 150%

90 DAYS* 40% 200%

180 DAYS* 60% 250%

Table 2

*10% early unstaking fee

In addition to the generous APR, holders have the opportunity to increase their rewards by wagering the newly earned tokens. Holders who use their BAPX receive BAPX. Holders also gain 10% APX reflections on hold. The BAPX holder who is now the APX holder can use their APX and earn even more BAPX. The tiered rewards nature of staking pools provides a great opportunity to earn more rewards more often.

One important thing to note is the 10% early withdrawal fee. The unstaking fee only applies to the blocked staking periods that receive higher blocking APRs. Holders can choose the entry-level staking pool with no redemption costs, or they can choose to receive higher rewards if they commit to a longer holding period. If a holder enters the 15-day staking pool and decides to withdraw their tokens after 12 days, they will be penalized with 10% if withdrawn before the lock-up period ends.

Society of Diamond Hands

Earlier, the team at Apollo Coin and Baby Apollo Coin announced the launch of their Diamond Hands Society via a live ama from Twitter Spaces. The Diamond Hands Society offers an increased incentive to buy more Apollo Coin (APX) tokens and hold them for a longer period of time. Here’s how the discount works and what benefits are available.

Tiers & Rewards

silver level: APX Discount Program

Regulate:

Buy 500 billion APX tokens or more in one transaction

Keep at least 31 days

Send proof of transaction

Advantages:

12% discount after 31 days hold

VIP access to the calling channel (coming soon)

gold level:

Regulate:

Must complete Tier 1 to qualify for Tier 2

Must buy additional 500 billion APX tokens (at least 1 trillion bought)

Tier 1 to Tier 2 rebate rollover (defer rebate)

Must hold ALL tokens for another 31 days

Advantages:

14% discount retroactive to Tier 1

VIP access to the Deluxe Staking Pool (coming soon)

Services:

Exclusive to VIP APX holders

Increased APX rebate program rewards for holding

VIP Access to the Calling Channel (Silver Tier, coming soon)

Deluxe Staking Pool (Gold Tier, coming soon)

The developers have also mentioned that additional tiers will be added to the Diamond Hands Society structure. These extra levels will reward those willing to hold on longer and become true diamond hands.

Stellar Series NFTs in Virtual Reality

On April 2, 2022, the Apollo Coin Stealth team launched its first round of NFTs known as the Founder’s Collection. Designed from interstellar planets and stars, the Founder’s Collection consists of 40 ultra-rare NFTs entirely handcrafted by the project’s CTO, J. Allen Quindlen. The NFTs are currently all integrated in VR, the world’s first offering. The NFTs are not only available in VR right now, but will also be integrated into their upcoming game.

The next round of Stellar series NFTs offered by the APX team will be available towards the end of April 2022. The next NFT series is called Universe Collection and will consist of 2,960 randomly minted NFTs. These NFTs will continue the VR theme and will be available for integration into the team’s upcoming game.

The future of ASTROCONOMY

The future of ASTROCONOMY brings more benefits and opportunities to be rewarded. The development team will provide additional ways to participate in ASTROCONOMY including NFT staking, rewards programs and deluxe staking pools. The team has also alluded to yield farming and farming pools, where APX and BAPX holders can earn another tier of rewards. The team hasn’t released the details of this program yet, but has said it will be announced soon.

Baby Apollo Coin Presale

Baby Apollo Coin pre-sale starts on April 9, 2022 at 18:00 UTC. The presale will be open to whitelisted wallet addresses for 30 minutes and then open to the public if the cap has not been reached. The hard cap is 400 BNB and the soft cap is 200 BNB. From the looks of it, the Baby Apollo Coin presale will sell out very quickly and may not even be open to the public. The team has stated that the Baby Apollo Coin token will be officially launched on PancakeSwap two hours after the hard cap is filled.

After the official launch of Baby Apollo Coin, both Baby Apollo Coin and Apollo Coin holders can look forward to several offers. Twenty-four hours after BAPX goes live, the team will unveil their aforementioned staking pools. Not only will they deliver the staking pools, but they will also increase the APR for 10 days during their launch week. If increased staking APRs weren’t enough, Apollo Coin holders might also be happy to see their BUSD rewards go from 9% to 10%!

Telegram: https://t.me/apollocointg
Website: https://babyapollocoin.com
Twitter: https://twitter.com/babyapollocoin
Reddit: https://reddit.com/r/ApolloCoin

Contact:
Jeremy Reilly
E-mail: [email protected]

press release service
through
Newswire.com

Original source:

New Kid on the Block, Baby Apollo Coin is offering staking pool promotional APRs to launch Out of This World

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Advantages of buying a car with crypto	Disadvantages of buying a car with crypto
Crypto is becoming a more accepted form of currency, giving buyers more options.	Transactions are only safe and secure when you have the exact wallet address of both parties.
Transactions are secured by authentication processes.	The number of car dealers who accept this form of payment is still limited.
Transaction fees can be low to zero depending on the exchange used.	The merchant may have a preferred virtual currency that may not match yours.
If the value of crypto increases, you could potentially buy a car that’s worth more than what you paid for in crypto.	Crypto is very volatile, which means you could overpay for the car if the value of the crypto goes down.

blocking time	DEFAULT APR	ACTION APR
NO LOCK	fifteen%	150%
15 DAYS*	25%	175%
30 DAYS*	35%	200%
90 DAYS*	50%	250%
180 DAYS*	75%	300%