ICO | TRADING U https://trading-u.com Complete News Markets Fri, 08 Apr 2022 06:41:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 202631570 What’s Behind Biswap Crypto’s Rally? https://trading-u.com/ecampus/whats-behind-biswap-cryptos-rally/ Fri, 08 Apr 2022 06:41:48 +0000 https://trading-u.com/?p=35632 decentralized exchange, Biswap, BSW crypto

Biswap (BSW) crypto saw an upleg on Friday (April 8) after being in a correction for the past two days. According to CoinMarketCap, BSW crypto is up 20.18% in the last 24 hours and is trading at $1.43 per token (at the time of writing). Although the altcoin is yet to surpass its April 2 […]

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decentralized exchange, Biswap, BSW crypto

Biswap (BSW) crypto saw an upleg on Friday (April 8) after being in a correction for the past two days. According to CoinMarketCap, BSW crypto is up 20.18% in the last 24 hours and is trading at $1.43 per token (at the time of writing). Although the altcoin is yet to surpass its April 2 high of $2.11, the bulls appear reluctant to loosen their grip on the token.

According to CoinGecko, this altcoin is up nearly 360% over the past month, recovering from $0.32 per token to $1.43. On April 2, the digital token peaked at $2.11, which was its high for the month. The rally in Biswap Crypto follows a series of positive announcements related to the company.

What is Biswap (BSW)?

Biswap (BSW) is a decentralized exchange (DEX) that uses an automated market maker system (AMM) to execute client orders. The DEX is powered by the Binance Smart Chain (BSC) network and claims to have lower transaction fees compared to other DEXs. According to CoinMarketCap, Biswap only charges 0.1% fee compared to 0.25% and 0.3% charged by Pancakeswap and Mdex, respectively. Other DEXs like Apeswap and BSE also charge 0.3% fees.

Also read: Spell (SPELL) Crypto: Will Recent Recovery Last?

Of the 0.1% fee Biswap charges, 0.05% is returned to liquidity providers as a reward and the remaining 0.05% is used to burn BSW tokens.

The referral system allows users to invite others and earn referral fees through swaps, lotteries, farms, and startup pools.

Besides standard DEX features like AMM, other standout features of Biswap include an NFT marketplace, IDO launchpad, yield farming, and liquidity pools.

BSW is the native token of Biswap DEX and has a total inventory of 700 million tokens. Currently, the circulating supply of BSW tokens is 220 million, according to CoinMarketCap, which ranks it 238th based on its current market cap of $306 million. Biswap crypto hit an all-time high of $2.13 on December 8, 2021 and an all-time low of $0.2715 on October 12, 2021.

Why is Biswap crypto rising?

The recent rally in Biswap crypto started on March 21, 2022 after the DEX project received surprise support from the world’s largest crypto exchange Binance, which listed BSW tokens in its “Innovative Zone”. Yesterday, Biswap announced that users can buy BSW tokens on the Binance exchange using credit/debit cards. It also added the BSW/ETH trading pair on Binance.

On April 6th, Biswap announced via its official Twitter handle that it would soon be launching fixed stakes on the DEX for BSW and TOP token holders. On that day, it also announced a strategic alliance with BSCStation, which provides a launch pad where promising projects can conduct Initial DEX Offering (IDO).

It’s worth noting here that Binance Labs, Binance’s venture capital arm and incubator, announced a strategic partnership with Biswap last October, investing an undisclosed amount in the DEX. Nicole Zhang, Director at Binance Labs, believes that Biswap is an innovative and one of the most popular projects on BSC and this investment is in line with the company’s initiative to promote DeFi and blockchain infrastructure.

Also read: From Zhao to Bankman, Meet the Richest Crypto Billionaires on the Forbes 2022 List

BSW tokens could have a promising future; However, potential investors should note that it is a high-risk asset due to the extreme volatility it has shown in the past. Before considering investing in the token, one should make a thorough assessment of the risks associated with the asset.

Risk Warning: Trading cryptocurrencies involves a high level of risk, including the risk of losing some or all of your investment, and may not be suitable for all investors. Cryptocurrency prices are extremely volatile and can be affected by external factors such as financial, regulatory or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) are subject to change. Before deciding to trade any financial instrument or cryptocurrency, you should fully understand the risks and costs involved in trading the financial markets, carefully consider your investment objectives, level of experience and risk tolerance, and seek professional advice if necessary. Kalkine Media cannot and does not represent or warrant that the information/data available here is accurate, reliable, current, complete or suitable for your needs. Kalkine Media accepts no liability for any loss or damage arising out of your trading in or reliance on the information shared on this website.

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Look beyond the hype: blockchain segments deliver real value even in bear markets https://trading-u.com/ecampus/look-beyond-the-hype-blockchain-segments-deliver-real-value-even-in-bear-markets/ Fri, 08 Apr 2022 03:38:39 +0000 https://trading-u.com/?p=35606 Look beyond the hype: blockchain segments deliver real value even in bear markets

There is no doubt that there are many short-term profits that can be generated from meme-based or hype-based crypto tokens and assets. But in the long run, as the saying goes, “only the relevant survive”. As the market matures and blockchain and crypto technologies enter the mainstream, we are no longer searching for the next […]

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Look beyond the hype: blockchain segments deliver real value even in bear markets

There is no doubt that there are many short-term profits that can be generated from meme-based or hype-based crypto tokens and assets. But in the long run, as the saying goes, “only the relevant survive”. As the market matures and blockchain and crypto technologies enter the mainstream, we are no longer searching for the next X100 growth token. Instead, the smart money is flowing into a wide range of segments that add real value to the crypto space. This ideal applies to the crypto and blockchain spaces today as well as tomorrow, and investors will continue to support the projects and initiatives that create real value and deliver tangible benefits.

Here are some of the larger crypto and blockchain segments that have the potential to generate positive returns — even in bear markets.

NFTs and Games

NFTs and games have been clear winners of the blockchain revolution. With decentralized gaming platforms like Decentraland, The Sandbox, Axie Infinity and Gala, players can trade in-game items, create virtual worlds they own and earn by participating on these platforms and playing the games they love. What we’re seeing here is a slow but steady transition from real-world experiences (think concerts, sporting events, and even e-gaming typically reserved for professional gamers only) to virtual experiences where people from around the world are independent with background or experience level, attend events, compete for prizes and enjoy entertainment in innovative and creative ways.

DeFi Protocols

Decentralized finance has also been a big winner in terms of investor attention, growth and returns in the cryptocurrency space. There are many multi-billion dollar DeFi platforms such as PancakeSwap, Terra, Chainlink, Avalanche, Maker’s Dai product (a stablecoin project), Anchor (which has delivered 20% returns), Loopring and more that provide users with efficient, comprehensive, and easy-to-use financial services . Some of these projects, like Chainlink, use oracles to bring real-world data into immutable blockchain ledgers, opening up a whole new world of possibilities, from betting and forecasting markets to agreements and investments based on smart contracts . Others, like PancakeSwap, create liquidity pools and support staking to help users earn income from online trading commissions.

Nodes as a Service

As the name suggests, the Nodes-as-a-Service space is also enjoying significant growth in the current market. For all its potential, blockchain technology faces—and will for the foreseeable future—the difficult task of creating the physical network infrastructure needed to support decentralized applications and transactions. No matter how good an idea is, if the idea is too difficult to make work, it will never achieve mass acceptance.

NaaS projects like StrongBlock and Pocket combine NFTs, rewards, incentives, and the consensus protocols needed to overcome this problem. They support new distributed applications that scale quickly and cost-effectively provide the throughput needed to support a wide network of users.

Passive income projects with external sources of income

Helium uses the blockchain to connect IoT devices and microchips to the internet. The project is building the world’s first decentralized Long-Fi network, a blockchain-based wireless internet infrastructure that uses cellular technology. This dramatically reduces the energy required to provide connectivity – a game changer for far-flung, remote areas – as well as smart functions in machines and devices. It has a growing list of partners and supporters and has quickly gained mainstream attention since its launch in 2019.

Cirus is a rapidly growing ecosystem focused on bringing the value of big data back to everyday users. It enables fair, robust and secure data ownership, control and monetization for the masses.

Their first product – the Cirus Browser Extension – is already live, can be installed by anyone and enables people to monetize their data. What will follow is a whole suite of tools, including a wallet, mobile apps, a dedicated desktop browser and a smart Wi-Fi router, which together will help maximize user value. Users can continue with their usual habits, behaviors and browsing patterns and earn a truly passive income.

This suite of tools will bring non-crypto users to the decentralized world, acting as a seamless entry point and connecting them to Web3 services and applications such as other cryptocurrencies, DeFi and staking, while allowing them to use their Cirus-generated income for purchases in the real world via various offramps.

Cirus’ business model is not tied to the performance of any specific crypto token or asset, instead relying on the monetization of data at the individual user level. It features a user-friendly platform that is designed to be easy to install and use for both crypto-savvy and non-crypto users alike. It promises to be the first choice for people to take over and interact with the online world.

As Web 3.0 continues to grow, and metaverses and AI-powered apps become commonplace and used more regularly, the lines between the online and offline worlds will not only increasingly blur, but the world as well—not just the real world, but virtual ones Worlds too – are increasingly being quantified. With an explosion of data and richer, faster, and more powerful applications powered by the latest iteration of the Internet, extracting value from that data will be a critical component to future user, app, and platform success—those that succeed are independent of the market situation or the performance of BTC, ETH or other tokens.

Image: Pixabay

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MaxAPY is transforming the DeFi space with the unique 3.0 DeFi yield farming protocol https://trading-u.com/ecampus/maxapy-is-transforming-the-defi-space-with-the-unique-3-0-defi-yield-farming-protocol/ Thu, 07 Apr 2022 22:32:50 +0000 https://trading-u.com/?p=35575 The incredible yield farming protocol delivers the industry’s highest fixed APY by recalculating rewards every 3 seconds and offering a simple buy-stake-hold-earn system that rapidly grows portfolios in users’ wallets MaxAPY is transforming the DeFi space with its unique 3.0 DeFi yield farming protocol. The amazing crypto token aims to become the most disruptive and […]

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The incredible yield farming protocol delivers the industry’s highest fixed APY by recalculating rewards every 3 seconds and offering a simple buy-stake-hold-earn system that rapidly grows portfolios in users’ wallets

MaxAPY is transforming the DeFi space with its unique 3.0 DeFi yield farming protocol. The amazing crypto token aims to become the most disruptive and innovative DeFi tool, offering holders the highest fixed and sustainable APY.

Using a unique auto-staking and auto-compounding mechanism, the decentralized crypto-asset rewards holders with a fixed rate of compound interest deposited directly into their wallets.

“The Auto-Stake feature is a simple yet cutting-edge feature called Buy-Stake-Hold-Earn that offers $MaxAPY holders the ultimate ease of use. By simply purchasing a $MaxAPY token and holding it in your wallet, you will receive rebase rewards as interest payments straight to your wallet as your tokens increase every 3 seconds.”

MaxAPY has announced that for Year 1, MaxAPY holders will receive 960,000% annual compound interest without having to remove their tokens from their wallets.

According to the developers, the BEP-20 $MAXAPY token features an elastic supply and uses a positive rebase formula to reward holders.

Among the amazing tokenomics of the phenomenal crypto asset is a special MaxAPY insurance fund that stores 4% of all trading fees and backs and supports the staking rewards provided by the positive rebase.

In order to reduce the circulating supply and keep the MaxAPY protocol stable, 2.5% of all traded $MaxAPY will be burned in The Blazing Inferno, ultimately increasing the value of each token.

A special vault was also created to store 3.5% of all fees used to fund new MaxAPY products, services and projects. The vault not only provides value to the MaxAPY community, but also provides funds for marketing activities and buybacks.

4% of all transaction fees have also been earmarked for inclusion in the liquidity pool to facilitate seamless buying and selling of $MaxAPY tokens on PancakeSwap and to ensure overall price stability.

Reaffirming their commitment to maintaining trust and transparency – these are the guiding principles of decentralized finance – the developers of MaxAPY have ensured investor safety by subjecting the entire team to comprehensive KYC verification on both Cyberscope and Pinksale .

Additionally, the MaxAPY smart contract was designed in such a way that the team does not set fees above the maximum of 25% while eliminating the possibility of pausing trading on the contract to allow all holders to buy and sell tokens at any time please.

Anyone interested in learning more about the unique 3.0 DeFi yield farming protocol can contact MaxAPY using the contact information below.

Website: https://maxapy.finance/

Telegram: https://t.me/MaxAPYofficial

Twitter: https://twitter.com/MaxAPYFinance

media contact
Name of the company: MaxAPY
Interlocutor: Media Relations
E-mail: Send e-mail
Country: United States
Website: https://maxapy.finance/

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Buying a car with cryptocurrency 2022 https://trading-u.com/ecampus/buying-a-car-with-cryptocurrency-2022/ Thu, 07 Apr 2022 21:30:52 +0000 https://trading-u.com/?p=35567 Buying a car with cryptocurrency 2022

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 […]

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Buying a car with cryptocurrency 2022

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:

  1. Bitcoin (BTC): The “original” cryptocurrency debuted in 2009 and has grown in popularity, dominating the market share among digital currencies.
  2. 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.
  3. Tether (USDT): Tether is considered a stablecoin as its value is pegged to one US dollar.
  4. 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
  5. 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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35567
Bitcoin is treading water at $43.5K as interest rate concerns weigh heavily on global asset prices https://trading-u.com/ecampus/bitcoin-is-treading-water-at-43-5k-as-interest-rate-concerns-weigh-heavily-on-global-asset-prices/ Thu, 07 Apr 2022 20:29:45 +0000 https://trading-u.com/?p=35553 Bitcoin is treading water at $43.5K as interest rate concerns weigh heavily on global asset prices

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 […]

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

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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$WELUPS offers investors a long-term investment bet https://trading-u.com/ecampus/welups-offers-investors-a-long-term-investment-bet/ Thu, 07 Apr 2022 17:26:47 +0000 https://trading-u.com/?p=35534 $WELUPS offers investors a long-term investment bet

$WELUPS is a native coin on the Welups blockchain. After the escalation of the conflict between Ukraine and Russia, $WELUPS crashed on the charts. Despite this, $WELUPS’ move to the south seemed less affected compared to the general market. Despite the current global troubles, the $WELUPS coin has new potential and is full of promises […]

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$WELUPS offers investors a long-term investment bet

$WELUPS is a native coin on the Welups blockchain. After the escalation of the conflict between Ukraine and Russia, $WELUPS crashed on the charts. Despite this, $WELUPS’ move to the south seemed less affected compared to the general market.

Despite the current global troubles, the $WELUPS coin has new potential and is full of promises for new or big investors.

$WELUPS is one of the potential coins in the crypto space. It is a cryptocurrency issued on the WRC-20 platform and is fully compatible with TRC-20 and ERC-20. acc CoinMarketCap and CoinGecko$WELUPS has traded at a price of $0.00055 for the last 30 days.

In addition, $WELUPS connects its entire ecosystem with numerous applications that drive transactions and applications on the chain. $WELUPS is a cryptocurrency tailored to offer banks and payment providers a reliable solution for cross-border payments.

Data from $WELUPS (Source: Welscan.io)

According to Welscan.io, the total supply of coins is over 45 billion. In addition, the total share of WELUPS is over US$31.78 billion.

  • Total offer: 45 billion
  • Marketing & Airdrop: 5% is used for marketing initiatives including airdrops.
  • Founding sale: 3% is provided for company founders – current and future employees of Welups Blockchain.
  • Welups Foundation: 30% is allocated to the Welups Foundation.
  • Omanee Holding: 30% will be reserved for Omanee Holding.
  • Omanee Ecosystem: 20% is allocated to the Omanee Ecosystem.
  • Selling on partner platforms: 12% is used for the partner’s platform sales. Note that the public sale will take place on partner platforms and exchanges.

Only 3% of Welups are released in the pre-sale phase. This is one of the criteria to decide which coin to invest in because if a significant amount of coin is held by insiders when it is launched, the price of the coin could be easily manipulated.

Users can experience Blockchain 3.0 features with Testnet Welups which will be launched by March 4th, 2022.

$WELUPS Analysis 2022

$WELUPS is one of the most attractive and potential cryptocurrencies of this year. The total market cap of $WELUPS is $23,873,616. This indicates that the market cap of $WELUPS is smaller compared to other cryptocurrencies like Shiba Inu, Bitcoin, Ethereum, etc. Therefore, there is a high possibility that $WELUPS will peak in the near future.

Will the recent developments and changes in the blockchain help the $WELUPS price go higher? Let’s get to the charts

WELUPS price chart

Crypto traders looking to buy $WELUPS in the following days may choose to wait for a correction to take place.

The Relative Strength Index (RSI) is also looking healthy as $WELUPS is prevented from becoming overbought any further. This correction may last a few days before traders start buying again.

Traders will be watching $WELUPS closely to confirm if the perceived bull run is about to materialize. Many are hoping for it, especially since many investors are pouring their money into these identity blockchain projects. All in all, $WELUPS offers you more profits as investors see it as a long-term investment.

$WELUPS can be traded on major crypto exchanges such as LBank, Latoken, Hoo, Digifinex, IndoEx, and XT.com.

Mooneex & Moongle

Welup’s blockchain has its own centralized exchange Mondex, a secure global exchange with a 100% identified user community. Since $WELUPS has its own exchange, the coin’s liquidity can be increased, which will increase the price of $WELUPS.

On March 31, 2022, Mooneex will be officially introduced to the world at the OTB event in Dubai (Register now: https://otb.welups.com/mar-2022-dubai). By applying the latest technologies along with a large community of supporters, Mooneex is expected to quickly enter the top 50 largest trading volume exchanges in the world this year.

Additionally moonlight Platform was built on Welups blockchain. The platform was created with the aim of being encrypted to store all types of NFT assets on the Welups blockchain. All in all, Moongle and Welups blockchain become a highly potential ecosystem for all startups to build decentralized applications like NFT, GameFi, DeFi, Marketplace and so on. It should be noted that both Mooneex and Moongle will launch on April 15, 2022.

About Welups Blockchain

Welups is the first blockchain-based identity platform in the digital world for identity-verified social media applications, digital banking, credit services, entertainment and all other key services for a future society in the digital world. The platform has been designed and structured to be compatible with a variety of other technical solutions.

Welups is a viable alternative to the existing decentralized networks due to its remarkably powerful scalability. As the world’s first platform built on IDShare and new blockchain technology, Welups brings a revolution in blockchain identity management, NFT and digital asset management to create a truly decentralized internet, e-commerce and life services.

Visit to learn more

  • Website: https://welups.com/
  • LinkedIn: https://www.linkedin.com/company/welups/
  • Facebook: https://www.facebook.com/Welups
  • Telegram: https://t.me/welupsofficial
  • Twitter: https://twitter.com/welupsofficial
  • Instagram: https://www.instagram.com/welupsdubai/
  • YouTube: https://www.youtube.com/channel/UCXMgIAbreH-NqWmeY4fCBqw/featured

Disclaimer: This is a paid post and should not be treated as news/advice.

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35534
Top 8 New Cryptos to Watch for Gains in Q2 2022 https://trading-u.com/ecampus/top-8-new-cryptos-to-watch-for-gains-in-q2-2022/ Thu, 07 Apr 2022 15:24:49 +0000 https://trading-u.com/?p=35522 mm

The cryptocurrency industry is growing rapidly and as of April 2022 has more than 18,750 live coins and tokens. Of course, this means that there are countless cryptos among them that have great potential to see profits and make their investors very happy. However, identifying these coins among all the others can be a nearly […]

The post Top 8 New Cryptos to Watch for Gains in Q2 2022 first appeared on TRADING U.]]>
mm

The cryptocurrency industry is growing rapidly and as of April 2022 has more than 18,750 live coins and tokens. Of course, this means that there are countless cryptos among them that have great potential to see profits and make their investors very happy. However, identifying these coins among all the others can be a nearly impossible task, especially if you don’t have much experience studying coins and tokens and spotting which ones have potential.

To help, we’ve created a list of our own top 8 new cryptos to watch for gains in the second quarter of this year, as we believe the following coins could see a notable price surge and secure gains for their investors. Note that we cannot guarantee that this will happen, but we see the potential of the coins and hope that they will reach it in the coming months.

With that in mind, here are the coins we’re interested in.

1. ApeCoin

ApeCoin is an ERC-20 utility token used within the APE ecosystem for things like governance and incentivising the users and members of the ecosystem. By holding the coin, users are entitled to join the project’s decision-making community – the ApeCoin DAO – and vote on the proposals or submit new ones themselves.

Holding the coin also grants users access to certain parts of the ApeCoin ecosystem that are not available to non-holders, including exclusive games, various services, and the like. The coin can also be used as a currency in the crypto ecosystem or as a tradable coin or bullion coin. Finally, ApeCoin is also a tool for third-party developers to participate in the ecosystem by integrating it into their services, games, and similar types of projects.

The project is decentralized, as is the APE Foundation, which acts as the custodian of ApeCoin and whose goal is to support the growth and development of the project and its community.

To learn more, visit our Investing in ApeCoin guide.

2. Internet Computer

Next we have the Internet Computer, which claims to be the fastest and only infinitely scalable general purpose blockchain. The goal of the project is to become the “world computer” that would host Web3 dApps, DeFi, NFTs, games, social media, metaverse and every other blockchain product that exists or is invented over time.

It also states that its blockchain can support 250,000 queries per second with a transaction finality of 1 second. But the actual concept of the “world computer” is the most interesting part of this project, and it actually has its roots in the Ethereum ecosystem. It’s also worth noting that many experts – including individuals and companies alike – believe the project has suffered a massive price drop since its launch in mid-2021 to date, going from over $450 to $20 at the time of writing that internet Computers have great potential for the future of blockchain and crypto.

To learn more, visit our Investing in Internet Computer Guide.

3. Render tokens

Third, we have RenderToken, a distributed GPU rendering network that operates within the Ethereum ecosystem. The main goal of the project is to match artists and studios who need GPU processing power with mining partners who are willing to rent out their excess GPU power, thus granting the artists and studios what they need for a fee .

The project uses a system called Proof of Render, which is a combination of manual and automated Proof of Work. The system verifies that the art has rendered successfully and pays the contributors their rewards once it has. These rewards are held in escrow during rendering, so there is no risk of the artists/studios failing to pay the compute service providers, nor of receiving poorly rendered products. To further ensure this, all rendered works will be watermarked until payment has been successfully distributed, after which the watermark will be removed.

To learn more, visit our Investing in Render Tokens guide.

4. DOGAMI

In the middle of the list we have DOGAMI. This is a unique blockchain-based mobile game that uses the popular Play-to-Earn (P2E) model where players can adopt and raise virtual NFT dogs, each created to be beautiful and unique.

DOGAMI’s ecosystem is a pioneer in this field and also allows users to earn the project’s native cryptocurrency, DOGA. The purpose of DOGA is to serve the DOGAMI metaverse as a utility token that allows users to purchase add-ons and various upgrades and customize DOGAMI. You can also trade various in-game items, buy new dogs, interact with other players, and more.

Aside from being unique, each dog also has its own specific attributes that are formed at different stages of its development, allowing players to take part in various events and competitions and compete against each other in real-time. Basically if you are interested in having a digital dog then this is definitely a project to check out.

5. Aurox

In fifth place we have Aurox. This is a DeFi project with a unique crypto trading terminal powered by the project’s native cryptocurrency, the Aurox (URUS) token. Aurox’s goal is to simplify crypto trading to the point where it is extremely easy and users can make decisions with great confidence rather than worrying about whether they are making the right move.

Of course, the complexity of cryptocurrency trading is almost notorious at this time, so the project decided to create a completely new system of alerts and indicators that would help traders decide what to do. It also offers DeFi services like staking, and by staking URUS, users are actually unlocking these proprietary alerts and indicators. Additionally, the tokens also power the project’s lending and trading protocols, which are just as easy to use as all other aspects.

6. Confluence

Coming to number six, we have a project called Conflux that allows creators, communities and entire markets to connect across protocols and borders. This is achieved by providing sustainable infrastructure for the global token economy.

Conflux operates as a high-throughput, 1-layer consensus blockchain that uses a consensus algorithm known as Tree-Graph – a unique algorithm of its own design. The algorithm allows blocks and transactions to be processed in parallel to increase scalability and throughput.

Another thing to note about this project is that it is the only public, permissionless blockchain that is compliant with the law in China, giving it a unique advantage and making it extremely suitable for any project targeting the Asian markets makes attractive.

To learn more, visit our Investing in Conflux guide.

7. The Devastated Lands

At the bottom of our list of the 8 best new cryptos to watch in Q2 2022, we have The Wasted Lands. This is a groundbreaking sci-fi game that integrates numerous gaming elements into its role-playing gameplay set in a unique post-apocalyptic metaverse.

Dubbed the Wasted-Verse, it offers distinctive gameplay features all centered around the project’s Metaverse ecosystems, including match-3 puzzle RPGs, shelter-building games, racing games, and more. In other words, the project is ready to offer a fun and immersive experience regardless of the type of game its users prefer.

The project’s fantasy metaverse offers a world of adventure set in a post-apocalyptic world. It is heavily involved in NFTs and allows players to create their unique warrior NFT and explore the vast world they can explore in vehicles, build shelters, create new NFTs, have pets and explore lands, as well as get various gear upgrades and much more .

8. Bite swap

Finally, last on our list, we have Biswap. This is a decentralized exchange running on Binance’s BSC that offers the lowest transaction fees of any DEX offered on Binance Smart Chain. The fee for transactions on this platform is as low as 0.1%, and the project promises to further innovate in the DeFi sector through its high-quality products and services.

It also rewards users through things like a referral system, lottery, starting pools, swaps, and more. In addition, it is rich in various DeFi features, such as an NFT marketplace, an AMM, yield farming, liquidity pools, and even an IDO launchpad. In the future, the project aims to reach major crypto exchanges, where it will list its native token BSW, improve its NFT marketplace, enable cross-chain support, introduce limit orders, lending and borrowing, and create a personal dashboard for each user.

Conclusion

The crypto world is full of opportunities, and you just have to know how to spot them. Of course, this requires research and a thorough familiarity with each of the tokens you are considering. Above we have presented our list of coins and tokens that we believe have great potential to blow up in the coming months. While this isn’t a guarantee it will happen, it may be a place to start your own research. Take a look at each of them and see if your expectations match ours, and then.

Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers

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35522
How 5ire is building a sustainability-focused layer 1 blockchain ecosystem https://trading-u.com/ecampus/how-5ire-is-building-a-sustainability-focused-layer-1-blockchain-ecosystem/ Thu, 07 Apr 2022 13:23:46 +0000 https://trading-u.com/?p=35504 How 5ire is building a sustainability-focused layer 1 blockchain ecosystem

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. […]

The post How 5ire is building a sustainability-focused layer 1 blockchain ecosystem first appeared on TRADING U.]]>
How 5ire is building a sustainability-focused layer 1 blockchain ecosystem

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.

Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers

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35504
The OpenSea phishing scandal reveals a need for security across the NFT landscape https://trading-u.com/ecampus/the-opensea-phishing-scandal-reveals-a-need-for-security-across-the-nft-landscape/ Thu, 07 Apr 2022 09:20:05 +0000 https://trading-u.com/?p=35476 The OpenSea phishing scandal reveals a need for security across the NFT landscape

Despite the continued volatility plaguing the digital asset sector, one niche that undoubtedly continues to thrive is the non-fungible token (NFT) market. This is illustrated by the fact that a growing number of mainstream creators such as Coca-Cola, Adidas, the New York Stock Exchange (NYSE) and McDonalds, among many others, have made their way into […]

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The OpenSea phishing scandal reveals a need for security across the NFT landscape

Despite the continued volatility plaguing the digital asset sector, one niche that undoubtedly continues to thrive is the non-fungible token (NFT) market. This is illustrated by the fact that a growing number of mainstream creators such as Coca-Cola, Adidas, the New York Stock Exchange (NYSE) and McDonalds, among many others, have made their way into the burgeoning Metaverse ecosystem in recent years months.

With global NFT sales peaking at $40 billion during 2021 alone, many analysts expect this trend to continue well into the future. For example, the American investment bank Jefferies recently raised its market capitalization forecast for the NFT sector to over USD 35 billion for 2022 and over USD 80 billion for 2025 – a forecast that has also been confirmed by JP Morgan.

However, as with any market that is growing so exponentially, security issues must also be expected. In this context, OpenSea, the well-known marketplace for non-fungible tokens (NFT), recently fell victim to a phishing attack, which took place just hours after the platform announced that it would be delisting its weeks-planned upgrade to remove all inactive NFTs.

Dive into the matter

On February 18, OpenSea announced that it would initiate a smart contract upgrade, requiring all of its users to migrate their listed NFTs from the Ethereum blockchain to a new smart contract. Due to the upgrade, users who did not allow the above migration ran the risk of losing their old and inactive entries.

However, due to the short migration period that OpenSea provides, hackers had a large window of opportunity. Within hours of the announcement, it was revealed that nefarious third parties had launched a sophisticated phishing campaign, stealing NFTs from many users that were stored on the platform before they could be migrated to the new smart contract.

We are actively investigating rumors of an exploit related to OpenSea-related smart contracts. This appears to be a phishing attack originating from outside OpenSea’s website. Do not click on links outside of https://t.co/3qvMZjxmDB.

— OpenSea (@opensea) February 20, 2022

Providing a technical breakdown of the matter, Neeraj Murarka, chief technical officer and co-founder of Bluezelle, a blockchain for the GameFi ecosystem, told Cointelegraph that at the time of the incident, OpenSea was using a protocol called Wyvern, a standard tech module that Most NFT web apps use them as they allow for the management, storage and transfer of these tokens in users’ wallets.

Because the smart contract with Wyvern allowed users to work with the NFTs stored in their “wallets,” the hacker was able to send emails to OpenSea customers posing as representatives of the platform, and they encouraged signing “blind” transactions. Murarka further added:

“Metaphorically, it was like signing a blank check. Usually this is fine if the payee is the intended recipient. Remember that an email can be sent by anyone, but it can appear to have been sent by someone else. In this case, the payee appears to be a lone hacker who was able to use those signed transactions to transfer and effectively steal the NFTs from those users.”

In an interesting turn of events, the hacker apparently returned some of the stolen NFTs to their rightful owners after the incident, with further efforts being made to return other lost assets. Alexander Klus, founder of Creaton, a Web3 content creation platform, had his say on the whole matter, telling Cointelegraph that the phishing email campaign used a malicious signature transaction to authorize all holdings at any time can be deleted. “We need better signature standards (EIP-712) so people can actually see what they’re doing when approving a transaction.”

Finally, Lior Yaffe, co-founder and director of Jelurida, a blockchain software company, pointed out that the episode was a direct result of confusion surrounding OpenSea’s ill-planned smart contract upgrade, as well as the platform’s transaction permissions architecture.

NFT marketplaces need to step up their security game

Murarka believes that web apps leveraging Wyvern’s smart contract system should be complemented with usability improvements to ensure users don’t fall for such phishing attacks over and over again, adding:

“Very clear warnings should be given to educate the user about phishing attacks and drive home the fact that emails are never sent and urge the user to take any action. Web apps like OpenSea should adopt a strict protocol to never communicate with users via email, apart from maybe just registration data.”

However, he acknowledged that even if OpenSea should adopt the most secure security/privacy protocols and standards, it is still up to its users to educate themselves about those risks. “Unfortunately, the web app itself is often blamed even though the user was phished. Who is responsible? The answer is unclear,” he noted.

A similar sentiment is shared by Jessie Chan, chief of staff at ParallelChain Lab, a decentralized blockchain ecosystem, who told Cointelegraph that regardless of how the entire attack was orchestrated, the issue is not entirely dependent on OpenSea’s existing security protocols, but also on awareness the user against phishing. The question remains whether the marketplace operator should have been able to inform its users sufficiently to keep them up to date on how to deal with such scenarios.

Another way to mitigate potential phishing events is to have all interactions between users and their web apps controlled solely through the use of a dedicated mobile/desktop interface. “If all interactions required the use of a desktop app, such attacks could be completely evaded.”

Yaffe presented his perspective on the matter, noting that the main issue – which is at the heart of this whole issue – is the basic architecture of most NFT marketplaces, which allows users to simply get carte blanche permission to use it to sign up to a third-party contract their private wallet without setting a spending limit:

“Since the OpenSea team hasn’t really figured out the source of the phishing operation, it might as well happen again the next time they try to make a change to their architecture.”

what can be done

Murarka noted that the best way to rule out the possibility of these attacks is for people to start using hardware wallets. This is because most software wallets, as well as other custodial storage solutions, are too vulnerable in their general design and operational prospects. He further elaborated: “Similar to Bitcoin, Ethereum etc., NFTs themselves should be moved to hardware wallet accounts instead of keeping them on a centralized platform,” he added:

“Users need to be aware of the risks associated with replying and responding to emails they receive. Emails can be spoofed very easily and users need to be proactive about keeping their crypto assets safe.”

Another thing that NFT owners need to keep in mind is that they should only visit web apps that use high-quality security protocols and verify that the visited marketplaces use the HTTPS mechanism (at least) while showing a lock icon on the can clearly see at the top left of their browser window – correctly pointing to the intended company – when visiting any website.

Yaffe believes users should be cautious with contract approvals and keep an accurate track of the contracts they have greenlit in the past. “Users should revoke unnecessary or unsafe permissions. Whenever possible, users should set a reasonable spending limit with each contract release,” he concludes.

Also See: Cointelegraph Partners with Nitro Network to Bring Digital Mining and Decentralized Internet to the Masses

Finally, Chan believes that users should ideally keep their wallets on a dedicated platform that they don’t use for reading emails or browsing the web, adding that such ways are vulnerable to all kinds of third-party attacks. She further explained:

“It’s inconvenient, but when it comes to high-value assets and there’s no recourse in the event of theft, extreme caution is warranted. And as with all financial transactions, you should choose very carefully who you are dealing with, as the counterparties can also steal your wealth and disappear.”

So, as we move into a future powered by NFTs and other similar novel digital offerings, it remains to be seen how platforms operating in this space will continue to evolve and mature, especially as more and more capital enters the NFT market .

Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers

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35476
Our Best Bitcoin Casinos and Crypto Casino Sites (2022 Updated List) https://trading-u.com/ecampus/our-best-bitcoin-casinos-and-crypto-casino-sites-2022-updated-list/ Thu, 07 Apr 2022 05:14:49 +0000 https://trading-u.com/?p=35443 Our Best Bitcoin Casinos and Crypto Casino Sites (2022 Updated List)

The Bitcoin revolution has gripped the betting industry, and more and more online casino sites are adopting cryptocurrencies as a payment method.  But with so much more choice available, how do you know which casinos truly are the best Bitcoin casino sites? Well, you can start by reading this article.  We’ve compiled a list of […]

The post Our Best Bitcoin Casinos and Crypto Casino Sites (2022 Updated List) first appeared on TRADING U.]]>
Our Best Bitcoin Casinos and Crypto Casino Sites (2022 Updated List)

The Bitcoin revolution has gripped the betting industry, and more and more online casino sites are adopting cryptocurrencies as a payment method. 

But with so much more choice available, how do you know which casinos truly are the best Bitcoin casino sites?

Well, you can start by reading this article. 

We’ve compiled a list of Bitcoin casinos and evaluated them against our benchmarks and firsthand experience of the industry. 

Don’t get caught out playing at dodgy casino with nefarious intentions. Play it safe and stick with us.

Now, let’s take a look.

 

Our Best Bitcoin Casinos

Our Top 10 Best Bitcoin Casino Sites

1. BitStarz – Our Best Bitcoin Casino Overall

  • 100% first deposit bonus up to 1 BTC
  • 19 licensed providers
  • Games exclusively for BTC

BitStarz is a relatively new casino with many great features, licensed by the Curacao Gaming Commission. Since it launched in 2014, it has accepted BTC, Ethereum, Bitcoin Cash (BCH), Litecoin, Dogecoin, and Tether. 

Processing transactions using crypto is instant, and there are no fees to deposit or withdraw.

New players can claim a generous welcome bonus, which can get them a 100% match up to 1 BTC. Existing players have the option to choose from frequent promotions, too. However, all bonus funds have a 40x playthrough wagering requirement. 

One of the most important things about this casino is the large variety of games in its catalog. All these titles come from the top software providers in the gambling industry, such as NetEnt, QuickSpin, Play’n Go, and many more. In addition, there’s a section of exclusive BTC games.

 

2. 7Bit Casino – Best Bitcoin Casino Game Selection
HeraldScotland:

  • Exclusive BTC games
  • Over 1,500 titles 
  • Accepts multiple cryptocurrencies

7BitCasino is licensed by the Curacao Gaming Commission. They accept Bitcoin and all the major cryptocurrencies, such as Litecoin, Ethereum, etc. If you’d rather stick to the traditional payment methods, you’ll also find options such as Visa, Mastercard, Maestro, Skrill, and more.

In addition, there are a plethora of games from top providers in the industry, including BTC-exclusive options. 

What’s great about this casino is the generous welcome package that encompasses your first four deposits. The site will match these deposits for a combined total of up to 5 BTC. However, the wagering requirement is on the high side, and you’ll have to play through funds at least 40x.

The gaming site uses a provably fair mechanism, which allows users to check the integrity of its random number generator. As a result, it is easy to determine whether the games are fair. 

A feature called “Gambling Limits” is one of the site’s most intriguing features. This function is accessed via your account’s dashboard. If you click on this button, you’ll be taken to a page with a variety of features geared toward responsible gambling.

You can use it to limit your gambling sessions, control your losses, and only play with money you can afford to lose. This is a fantastic feature, especially given how damaging irresponsible gambling can be.

 

3. mBit Casino – Best Bitcoin Slots

HeraldScotland:

  • Over 2,000 games
  • Accepts seven cryptocurrencies
  • VIP program with exclusive bonuses

mBit Casino has been around since 2014 and is one of the first online Bitcoin casinos. They are licensed by the Curacao Gaming Commission. It accepts many cryptocurrencies such as BTC, Etherium, BCH, Dogecoin, Litecoin, and Tether. 

In addition, the casino has over 2,000 games, including popular games from over 30 top software providers. There is also a section with over 900 exclusive BTC games.

What many players enjoy about the site is the generous BTC welcome bonus. It spans across your first three deposits, and the casino will match them up to 5 BTC. After that, however, you’ll have to wager the bonus funds at least 40x before you can withdraw. 

In comparison to most online casinos, the VIP program occupies a prominent place because it allows you to customize the perks that you get. For instance, VIP slot lovers will get more free spins, while blackjack players will get promotions catered to this table game.

 

4. Cloudbet – Best Welcome Offer

HeraldScotland:

  • A generous welcome bonus of up to 5 BTC
  • Unlimited withdrawals with Bitcoin
  • Mobile-friendly

Cloudbet is a well-known crypto casino that accepts almost all cryptocurrencies, including BTC and BCH. However, this site doesn’t support other payment methods. Considering that you’re reading an article on the best Bitcoin casino sites and that using crypto provides you with fast transaction times, this shouldn’t be a dealbreaker.

There is a generous welcome bonus that is a 100% match up to 5 BTC or your chosen cryptocurrency. This isn’t a traditional offer, as there aren’t any standard wagering requirements. Instead, the funds are slowly released at a rate of 0.001 BTC for every 150 points you earn.

Cloudbet offers many games from top software providers. The casino section consists of popular slot games by Betsoft and Playson, and there’s blackjack, European roulette, and poker. You can also bet on sports, which is perhaps the area where Cloudbet shines the most.

 

5. Red Dog – Best Customer Support

HeraldScotland:

  • 24/7 customer support
  • No upper limits on transactions with Bitcoin
  • Fast withdrawal times with Bitcoin (up to 15 minutes)

 Red Dog Casino is licensed by the Curacao Gaming Commission. It doesn’t accept many payment methods on its site, and the only two cryptocurrencies you can use are BTC and Ethereum. Since this is a new casino, we expect it to add more options in the future. Even with the limited choices, there are still some great features on the site, and our focus – Bitcoin – is still present.

One of the great things about this casino is the 24/7 Bonus promotion for all players. If you deposit $30, $75, or $150, you’ll get a deposit match of 120%, 135%, and 160%, respectively. In addition, there is a welcome 225% deposit match, but if you use BTC, you’ll get an extra 20%. 

Red Dog doesn’t have the most extensive collection of games. However, there are more than a hundred options to keep many different players interested. Unfortunately, there aren’t many live dealer options if that’s what you like to play.

 

6. Slots.lv – Best for Crypto Rewards

HeraldScotland:

  • Generous BTC welcome bonus
  • Mobile-friendly
  • Cryptocurrency giveaways

Slots.lv is a casino licensed by Curacao eGaming and their prime focus is on cryptocurrencies, with BTH, ETH, LTC, and BCH accepted. However, the site doesn’t accept many other payment methods – the exceptions are Visa, Mastercard, and AMEX.

As a new player to this casino, you can claim a generous welcome bonus when using BTC to deposit. This offer is worth up to $7,500, spanning across your first nine deposits. In addition, there are frequent BTC giveaways that have a monthly total of $50,000. And did we mention that there is a rewards program you can take advantage of, too?

This casino has over 130 games in its catalog, which is smaller than some other Bitcoin sites. However, there’s still plenty of variety from some of the top casino software developers, including poker, blackjack, slots, baccarat, and roulette.

 

7. Las Atlantis – Best Bonuses

HeraldScotland:

  • Fast payouts with Bitcoin (less than 15 minutes)
  • No upper transaction limits with Bitcoin
  • 200+ games

This underwater-themed casino is licensed by the Curacao Gaming Commission. Las Atlantis doesn’t accept many payment methods, but you can use BTC and Ethereum or e-wallets like Neosurf and PayID in addition to the traditional credit cards. 

Processing transactions using any option is near-instant, and there are no upper limits tied to the crypto transactions. In addition, the casino has over 200 games, including popular games from top software providers. Unfortunately, there aren’t many live games.

As a new player, the welcome package entails your first five deposits and grants a 280% slot bonus up to $14,000. For existing users, the promotions usually revolve around a specific game and can include free spins, deposit matches, and VIP rewards. 

 

8. Slots Empire – Best Design

HeraldScotland:

  • Generous Bitcoin welcome bonus
  • Frequent promotional offers for Bitcoin
  • 24/7 customer support

Slots Empire doesn’t accept many payment methods, but it does accept Bitcoin. Since this is a new site, more options may become available in the future. They are licensed by the Curacao Gaming Commission.

The casino offers a 24/7 reload promotion for all players. If you deposit $30, $75, or $150, you’ll get a deposit match of 100%, 120%, and 150%, respectively. In addition, there is a new player bonus and a 245% welcome bonus.

At about 163 games, Slots Empire doesn’t have the largest variety of games we’ve ever seen; however, you’ll still find many popular titles from top software providers.

 

9. Ignition – Our Best Crypto Casino for Live Dealer Games

HeraldScotland:

  • Extensive poker catalog with 11 games
  • 24/7 customer support
  • Several promotions for BTC

Ignition accepts several cryptocurrencies, including BTC, BCH, and LTC. That said, there aren’t many fiat currency banking methods available to the player. Hopefully, this casino will expand its options sometime in the future to provide players with more flexibility. 

There is a Bitcoin welcome bonus where you can get up to $3,000. In addition, existing players can claim plenty of promotional offers for great rewards.

Being licensed by the Curacao Gaming Commission, Ignition has an extensive range of fair games in its catalog. You’ll find many popular titles from thirteen top software providers. 

The selection includes plenty of live dealer options for many popular casino games. In addition, users can find tournaments in the site’s poker room.

 

10. Bovada – Best Bitcoin Sportsbook

HeraldScotland:

  • Accepts Bitcoin and credit cards
  • Generous Bitcoin welcome bonus
  • Extensive Sport section 

Bovada was established in 2011, and it has a heavy focus on sports betting and horse racing.

 Bovada accepts only eight payment methods, but Bitcoin is one of them. When you use BTC or BCH, you don’t have to pay transaction fees. In addition, Bovada offers about 170 games in its collection from many top software developers. The selection includes all the popular casino games and live games.

There is a Bitcoin welcome bonus where the casino will match your first deposit by 125% up to $1,250. Still, there aren’t many other promotions for existing players, though there’s a rewards program with great perks.

 

How Did We Choose the Top Crypto Casino Sites?

Licensing:

It’s essential that all the sites we recommend have a license. A licensed site needs to follow strict rules and regulations to ensure that the games are fair and that transactions are secure.

Game Catalogue:

Next, we looked at the games a site offers. For example, many websites have a large selection of slots because it is one of the most popular casino games. However, we wanted to make sure the casinos offer several other types of games to provide players with variety.

Promotions:

Another significant part of a site are the promotions and bonuses the casino offers to its users. It’s important to know what the welcome bonus for new players is and also what is available for existing players.

User Experience:

Finally, it’s essential that players have a good experience when using one of the sites we recommend. 

It should be easy to navigate the site so that you don’t have trouble finding what you want. User experience also includes the number of banking options available to you.

 

Guide to Crypto and Bitcoin Gambling Online

What Exactly Are Bitcoin Games?

If a casino hosts Bitcoin games, it means that it allows you to deposit and/or withdraw using Bitcoin, and possibly, other cryptocurrencies. Therefore, you can use crypto to play Bitcoin games that are just like other online casino games and have the same rules. 

What’s the Difference Between Crypto And Classic Online Casinos?

A crypto online casino is a site that accepts cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and so on. They also offer exclusive games where you can play using Bitcoin.

Since this is a relatively new form of payment, not all gambling platforms support it yet. Instead, those sites are known as classic online casinos that accept more traditional banking options, like credit cards and PayPal. 

Are Bitcoin Casinos Safe?

Yes, Bitcoin casinos are safe. 

However, like with any other site, it’s crucial that the casino is fully licensed to ensure you stay safe while gambling online. All the sites we recommended are fully licensed, so you can rest assured that you’ll be safe playing at them. 

Still, if you ever want to check what commission issued a casino’s license, it should be displayed on its website, usually at the bottom.

Are Online Bitcoin Games Rigged?

No, casinos that are fully licensed are fair to players. 

Casinos with a license have to follow strict regulations that ensure that users have somewhat of a chance at winning. In addition, these sites use a random number generator (RNG) to determine each game’s outcome.

How Can I Use Bitcoin as a Banking Method?

You’ll need to open a BTC wallet and link your bank account to buy some Bitcoins (if you haven’t already). 

After you have BTC in your wallet, you can sign up at one of the casinos we mentioned for a generous welcome bonus and start playing your favorite games using crypto. Some sites offer to play directly, using Bitcoin.

Are There Any Bitcoin Bonuses at the Best Bitcoin Casino Sites?

Yes, some sites have specific Bitcoin bonuses. However, for the sites that do have these offers, they usually only apply to the casino’s welcome bonus. A few sites we mentioned, though, have BTC giveaways throughout the month.

Do the Best Bitcoin Casinos Offer No-Deposit Bonuses?

Yes, some Bitcoin sites offer no-deposit bonuses. 

However, this isn’t a common promotion type; most offers require you to add funds to your account. And even when you do find this kind of promotion, it usually isn’t as generous as one that would require you to make at least one deposit.

 

The Best Crypto Casinos – Final Takeaways

In our review, we’ve mentioned the best BTC sites that are 100% legal, reliable, and safe for online players.

These top Bitcoin casinos use software from the best providers in the gambling industry. As a result, players can take advantage of many fair games that use an RNG, along with generous promotional offers. All of this accounts for a fantastic gambling experience. 

We’ve decided to give the title of the best Bitcoin casino site to BitStarz. It has a license from the Curacao eGaming Authority, which requires it to follow strict regulations to keep its site safe and its games fair. In addition, users can claim one of the frequent generous promotional offers for both new and existing players.

The runners-up are 7BitCasino and mBitCasino; these two options will also give you a fantastic experience as you play your favorite games. 

And remember – whichever Bitcoin casino you choose, make sure to gamble responsibly.

DISCLAIMER: Underage gambling is illegal. Make sure to check local gambling laws and policies before signing up to any online gambling site in order to avoid any violations. 

Gambling is a highly addictive activity and it comes with many risks. If you believe you’re becoming addicted to gambling, you can find helpful resources at  Gamstop, Gamcare, and BeGambleAware. You may also seek advice from professionals through the National Gambling Helpline at 0808-8020-133.

The information found in this review is thoroughly vetted by our team. Its purpose is to educate our readers and help them decide the best gambling site for them. It does not, in any way, offer gambling advice. Players must bet at their own risk. 

Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers

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