Leverage is a commonly used term in finance prevalent in the crypto trading world. What it refers to is the concept of borrowing capital for your initial investment so you can get better returns. 

It essentially defines the ratio between profit and risk for any investment. 

The prime purpose of leveraging is to enhance the chances of getting higher returns for an investment. However, with the higher options of profit comes higher risk. That’s why you must manage leverage efficiently to grow as a trader.  

Let’s learn about leverage and how it works in the crypto world.    

## What is leverage in trading? 

Leveraging is a way to increase your buying and selling power by borrowing capital from a broker or exchange. The broker provides you with the borrowed funds, and you have to return them with interest regardless of whether you make a profit.  

So, when you have increased trade power because of borrowed funds, you risk higher losses. Therefore, maintaining a balanced ratio between risk and profit is crucial for leveraging.  

In crypto, you can leverage by setting a certain margin or amount as collateral. It is also known as [margin trading](https://coinmarketcap.com/academy/article/what-is-margin-trading-and-how-does-it-work), where you can borrow funds and put higher collateral to increase your profit.

## How does leverage work in crypto? 

As we continue to ask what is leverage in trading cryptocurrency, we must understand how it works. 

Suppose you are doing leverage or[ margin trading in crypto](/news/article/how-does-crypto-trading-work) with a trade potential of around $1,000. In that case, the broker may offer leverages of 10x or 10:1. This means your initial trade value will reach $10,000 because of the borrowed amount. 

So, if you buy a coin with this investment and its price rises by 10%, you can make a profit of $1,000. If the coin's price goes down, you will have to bear a loss of $1,000. That's why leverage trading is a risky proposition in crypto, and you must proceed with due diligence to ensure that you do not have to bear any significant losses. 

## Benefits of leverage trading 

Here are some of the benefits of leveraging in crypto: 

- Allows you to make larger profits as compared to your original trading position. 
- You can avail yourself of more trading opportunities. 
- Small price movements may not affect your profit.  

Nevertheless, there is an amplified risk of losses. Moreover, if you fail to meet the margin call, you have to liquidate, and the broker, to cover your losses, can sell your assets. 

## Final thoughts 

Leveraging is an effective way to increase the percentage and chances of profits. You can borrow money from brokers and make more significant investments through this. 

But this technique also involves higher risk, so it is advisable to follow risk management strategies. 

What is leverage in cryptocurrency trading? 

There are many crypto wallets on the market to choose from, but the offering from Infinity is proving popular among digital asset holders. 

Here, we take a deep dive into the Infinity [crypto wallet](/news/article/best-crypto-wallets), what it is, how it works, and the organisation behind the tech. 

## What’s behind Infinity crypto wallet? 

Infinity describes itself as an ‘all-in-one” non-custodial wallet ecosystem. It claims to be the first multi-chain, non-browser-extension, non-custodial wallet to hit the market. In a crowded crypto wallet marketplace, it’s necessary to make bold claims to stand out. 

Infinity crypto wallet launched with a desktop version, soon followed by a mobile app, with the company now claiming to support hundreds of thousands of users. 

It has been very public about its mission, spelling out its strategy in a [funding pitch](https://communityfund.stellar.org/projects/infinity-wallet-scf-14). That included identifying some of the initial core team members behind Infinity, including [Team Lead Aaron B](https://www.linkedin.com/in/aaron-b-418020a5/), who has experience in UI/UX design and software development as well as more than 10 years of involvement in crypto, and [Tech Lead Juan Dominguez-Adame](https://www.linkedin.com/in/juan-dominguez-adame-0480a0120/), whose background is in hardware and software development. 

The purpose of the Infinity project was to create a seamless solution for cross-border DeFi payments which would be a gateway to the world of Web3. 

The company states its focus has been on providing the best user experience and most accessible tool to allow for the adoption of Web3 and DeFi. It aims to be the 'complete solution' for crypto users by having everything they need in one place and offering a seamless user interface. 

Infinity is also committed to continuous growth and evolution of its products, adding new features and services to meet changing demands and needs. 

## What is Infinity Wallet for? 

The team behind Infinity says it is the first desktop platform giving users complete access to Web3 and DApps without leaving their wallets. It incorporates a Web3 browser and DApp/Web3 store within the platform, removing reliance on browser extension wallets. 

They claim this delivers a safer, more accessible, and ‘superior’ experience for users, which will enable simpler adoption and use. 

Infinity's mission statement is to be a world-leading digital asset enabler by offering a one-stop wallet that meets all of the needs of cryptocurrency users. The company says it will meet this ambition through a user-first approach, making interaction, monitoring, trading, and transacting in the decentralised environment more straightforward and more secure. 

Launched in 2020, it is claimed there are currently more than 227,000 Infinity crypto wallet users in over 170 countries. The wallet supports more than 150,000 digital assets. 

## Vision and values 

The Infinity Wallet team is very vocal about its goals and values. 

The simplified version of its vision is to empower people to experience a better future through the use of blockchain technology. This will, it says, ‘liberate’ wealth globally. 

Blockchain tech can bring improvements to all aspects of our lives, Infinity adds, as well as delivering improvements across industries including finance, gaming, and transport. 

Underpinning this mission are 'fundamental values' that shape what Infinity does, how it does it, and who it hires. Throughout its planned expansion and development, these values will never be compromised, it promises. 

## How does Infinity crypto wallet work? 

Inside the Infinity crypto wallet you’ll find a dashboard laying out the features. These include checking the wallet balance over different periods, as well as a simple way to view your current assets, facilitated with a search bar making it easier to locate the asset you are looking for. 

Click on ‘My Wallet’ and you’ll see all the coins and tokens in your wallet. While some are added by default, you can customise the experience to ‘Add Custom Tokens’ so you can see everything you need. 

It also includes an option to store and view your NFTs, with a simple click, and use the NFT marketplace. 

With simplified usability as a core part of the Infinity crypto wallet proposition, it has an easy-to-use interface. On the dashboard, you can find ways to quickly navigate to Swap, Transactions, News, Market Stats, and DApps options. 

Security is, obviously, a concern [with any wallet](/news/article/what-is-blockchain-wallet). The Infinity Wallet encrypts users’ private keys and data on their devices to increase security. Only the user is granted access to the wallet and private keys to maintain privacy. 

Infinity Crypto Logo on image of cryptocurrencies

Infinity Crypto Wallet Unpacked

Thodex was among the biggest cryptocurrency exchanges in Turkey. Unfortunately, the exchange suddenly disappeared during the start of the peak of the market in April 2021, when most cryptocurrencies began soaring to new price milestones. 

On Friday, 8 September, 2023, various [news outlets reported ](https://www.coindesk.com/policy/2023/09/08/11196-years-in-prison-for-faruk-ozer-ceo-of-collapsed-turkish-crypto-exchange-thodex/)that the Thodex exchange's founder, Faruk Fatih Özer, along with his brother Güven and sister Serap, had been given an 11,196-year, 10-month, and 15-day sentence. Also imposed were approximately $5 million in judicial fines. 

As one of the go-to exchanges during the first half of 2021 for many crypto traders in Turkey, more than 400,000 registered users of the Thodex platform suddenly found themselves unable to log into their accounts to access their deposits. 

The total amount locked on the Thodex platform was about $2 billion worth of cryptocurrencies. With many traders ushering out their concerns online and others filing criminal complaints against the exchange, Özer fled his home country of Turkey and hid in Albania. 

During the same month, [Turkish police detained](https://www.dailysabah.com/business/finance/turkey-seeks-crypto-boss-ozer-detains-dozens-in-alleged-2b-scam) more than 60 people across eight regions linked to the collapsed exchange. 

Additionally, detention warrants were issued for another 16 people connected to the Thodex trading platform. 

With this, a red notice was issued for his arrest and extradition. In August 2022, he was [arrested in Himare](https://www.reuters.com/world/fugitive-turkish-crypto-fraud-suspect-arrested-albania-resort-2022-08-30/), a southern resort area in Albania. 

In early April of this year, Özer was extradited to Turkey, with the Istanbul Airport Police Department taking custody of him. 

He arrived in Turkey with seven charges laid before him, which included laundering the total amount of money resulting from the collapse of the exchange and defrauding merchants, cooperative managers, company executives, and people by employing information systems as a tool of a credit institution or a bank. 

## Verdict on Thodex employees and partners  

Overall, the trial brought cases against 21 defendants, who faced a maximum of 40,564 years in prison. 

In addition to the jailing of Özer and his brother and sister, four senior employees of Thodex were jailed. Of the 21 defendants, 16 were acquitted. 

The collapse of cryptocurrency exchanges is not a recent development. Many of the trading platforms that made Statista's list of the biggest exchanges by 24-hour trading volume have disappeared due to cybercriminal activities. 

According to a news report by Bitcoin.com, about 42% of exchanges have failed since 2014. 

Many of them vanished without a trace. This means that thousands, if not millions, of traders who held digital assets with them have had to count their lost cryptocurrencies as bad debt. 

## How to avoid a Thodex-style loss of your crypto assets 

Agencies like the US SEC ([Securities and Exchange Commission](https://www.sec.gov/oiea/investor-alerts-and-bulletins/ia_fraudulentdigitalasset)) continue to publish Investor Alerts cautioning traders about fraudulent [crypto trading ](/news/article/is-crypto-regulated-across-the-globe)websites and digital assets. 

As a sign of caution, stay away from investments that promise guaranteed high investment returns, are offered by unlicensed sellers, use complicated language and jargon that is difficult to comprehend, pressure you to buy on the go, or make unsolicited offers. 

Irrespective of the annual percentage yields (APYs) they offer, they are likely to be scammers hiding behind the anonymous and private nature of the decentralized finance sector. 

So, stay alert and take advantage of platforms such as CERTIK, a tool that monitors and analyzes several protocols and projects related to the blockchain sector. 

More importantly, despite your quest to remain anonymous, try and patronize regulated trading platforms so that you may have a chance of recouping some, if not all, of your crypto assets should the exchange collapse. 

What's behind Thodex CEO's 11,196-year sentence? 

As an analytic platform and blockchain explorer, [Etherscan](https://etherscan.io/) grants crypto users who can connect to the internet access to details on all [Ethereum transactions](/news/article/eth-shanghai-upgrade-postponed), whether confirmed or still pending. 

Launched by entrepreneur and blockchain developer Matthew Tan in 2015, the primary goal behind the Etherscan tool was to provide access to blockchain data and other related information. 

As the most patronized tool for stakeholders of the Ethereum network, the blockchain explorer can help you navigate data on smart contracts, transactions, gas fees, the price and market capitalization of ETH, the native asset behind Vitalik Buterin’s innovation, the last finalized and safe block, and wallet addresses. 

Thriving on the theme of decentralized finance, which is to take power away from centralized figures, creator Matthew Tan is surrounded by a team of industry professionals and seasoned developers. 

As a result, the team behind the project has no relationship with the Ethereum Foundation, the non-profit organization that supports [Ethereum and technologies](/news/article/second-ethereum-testnet-successful) related to its ecosystem. 

## How do I use Etherscan? 

To use the Etherscan tool, you first have to find it on search engine platforms (Google, Yahoo, Bing, and others). Once on the platform, you can locate a section with a search bar titled The Ethereum Blockchain Explorer.  

Under this, you can search for details using crypto wallet addresses, tokens, name tags, domain names, labels, websites, transaction hashes, and blocks. 

To give you a fair idea, let’s assume you want to know the details of activities surrounding this crypto wallet ([0x5124fcC2B3F99F571AD67D075643C743F38f1C34](https://etherscan.io/address/0x5124fcC2B3F99F571AD67D075643C743F38f1C34)). 

After pasting this in the search bar, you will see an overview of this account, which comprises the ETH balance, ETH value, and token holdings. 

Aside from this, you will find information about the first and last transactions sent by the wallet. 

Additionally, to ward off scams that employ decentralized applications (DApps), you can use the service to find smart contracts with a security audit and verified source code. 

More importantly, you can search for transactions made on all Ethereum wallets and calculate gas fees with the aid of an in-built gas tracker. 

## Should you use Etherscan? 

Etherscan is a tool you should consider using if you engage with the first smart contract-backed platform. 

Many investigative agencies have found the Explorer highly resourceful because it helps them track all transactions instigated by hackers across the globe. 

This way, they are able to track transactions up to the point at which they were exchanged for cash and bring perpetrators to justice. 

To keep up with industry standards, Etherscan continues to see upgrades. In June, it added an [OpenAI-based tool](https://finance.yahoo.com/news/ethereum-scanner-etherscan-adds-openai-153426208.html) to analyze smart contract code. 

OpenAI is the company behind the AI chatbot ChatGPT, launched in November 2022, and the new upgrade helps explain parts or the entirety of smart contract source codes to users. 



What is Etherscan, and what is it used for? 

The non-fungible token (NFT) market has progressed remarkably in recent years. The main reason behind its triumph has been digital art and artists. 

Due to the use of tech and new trends in the art industry, a novel way of expressing creativity emerged. It has allowed artists to express themselves freely and provided aesthetes new ways of admiring art pieces. 

But what exactly is digital art, and how is it being used as NFTs? Let’s discover how it shaped an entirely new market worth [$38.2 billion](https://www.globenewswire.com/en/news-release/2023/05/18/2671911/0/en/NFT-Market-size-to-Cross-USD-342-54-Billion-By-2032-With-an-27-60-CAGR-by-2032-Report-by-Market-Research-Future-MRFR.html#:~:text=As%20per%20the%20documents%2C%20the,a%20digital%20or%20physical%20asset.).  

## What is digital art? 

It is a form of artwork that you create or showcase using different digital tech. It is a broad category that includes a range of artworks like digital drawings, paintings and 2D/3D illustrations, animations, pictures, videos, and even virtual sculptures. 

The digital tech used for creating an artwork could be software or hardware. It may include tools like Adobe Photoshop, Procreate, or Illustrator. On the other hand, if you use tablets, phones, laptops, or computers to create an artistic piece, it will also be classified as digital artwork.  

It is a vast field that is being used in various domains like: 

- Advertising and graphic design. 
- Illustration and publishing. 
- Video games and animation. 
- Film and television. 
- Fine art. 
- Photography. 
- Web designing. 

## Origins of digital artwork 

The term's origin goes back to the early 1980s when the first paint program was invented. It was pioneered by the renowned artist Harold Cohen, the creator of AARON. This was a robot that could create drawings on large paper sheets. 

After that, in the 1990s, as technology evolved and allowed us to download images and videos on computers, it made way for photo manipulation. This was the building block for modern filming art. Moreover, it gave artists the creative freedom to experiment with visual and audio content. 

In the 2000s, creatives got even more options with the evolution of computers and mobile phones. Different types of devices allowed them to create artwork entirely virtually. 

Tools and software also evolved from basic Microsoft Paint programs to highly advanced tools like Adobe Photoshop. 

Later, techs like advanced AI models, AR, VR, blockchain, and others helped us make artworks more interactive and realistic. The art pieces we see around us today are mostly digitised because of these wonderful technologies.  

## Digital art and non-fungible tokens (NFTs) 

One of the technologies that has really helped digital art thrive is [blockchain](/news/article/what-is-blockchain). The idea of turning artwork into NFTs has empowered the artists. It allows them to ensure that the ownership of their one-of-a-kind work remains with them. It also helps artists financially by allowing them to sell or rent their work only when and if they want. 

Moreover, no one can use an artist’s work without permission if it is an NFT. The reason is that NFTs use blockchain tech, which gives the artwork a unique ID and keeps a record of its ownership. That’s why selling and renting artwork has become relatively easy with the use of blockchain.   

How to convert your digital art into NFTs 

If you are a creative digital artist looking to turn your art pieces into NFT for selling or showcasing, here's what you need to do. 

1. Firstly, select a digital artwork file you want to convert into an NFT. It could be an image, audio, or video. 
2. Then, research the blockchain on which you want to mint the NFT. There are numerous options like Ethereum, Solana, Bitcoin, or Polygon. Each one has different benefits, so choose one according to your requirements. 
3. Once you have selected a blockchain, [choose a crypto wallet](/news/article/best-crypto-wallets) to keep your NFTs and crypto.  
4. After that, [select an NFT marketplace](/news/article/nft-art-marketplaces) where you can sell your art. OpenSea, Rarible, and [Magic Eden](/news/article/magiceden-marketplace) are the top options, but you should go for one as per the blockchain you chose. 
5. Then, integrate your cryptocurrency wallet with the marketplace you selected. Ensure that it has crypto so you can pay the gas fee later.  
6. Once you have connected the wallet, you can upload your file to the marketplace and select Mint.  
7. After clicking Mint, the platform will charge a gas fee for the transaction. Confirm it, and your artwork will be minted as an NFT.  
8. Finally, you can put it on sale in the marketplace by setting an appropriate price.  

Follow this process and you can easily turn your digital artwork into NFTs. 

## Closing thoughts 

Digital art is any creative production that you make through the use of technology. In the last two decades, it has evolved tremendously because of the evolution of tech. 

However, NFT and blockchain technology have been a complete game-changer for artists and admirers. 

Due to the possibility of converting art pieces into NFTs, artists enjoy royalties and complete ownership. It also allows aesthetes to collect their favourite virtual artwork. 

Digital art and how to convert it into NFT

LiveCharts UK is a free live trading chart provider for stocks, commodities, Forex, crypto, and major indices. 

The platform also features free access to historical data, economic data, the latest stock market news, market trends, and the LiveWire market blog. 

To access features such as Share Chat, Day Trading Chat, Share Prices watchlist, Share Signals, Trend Charts, Advanced Charts, and day trading Tools and Data, you must log in to the LiveCharts message board. These features are part of the Members Area. 

## What is the LiveCharts Members Area?

The LiveCharts Members Area is a free subscription to the advanced day trading features listed above. You only need a valid email address to subscribe to the service. 

LiveCharts sends subscribers three to four emails monthly about high-quality trading ideas or products with an option to unsubscribe to the mailing service. 

If you do not wish to receive emails from the trading chart provider, you can unsubscribe from the LiveCharts mailing list while continuing to reap the benefits of this membership programme. Here is a brief overview of the membership features: 

- Chat Boards: The Share Chat and Day Trading Chat Boards allow you to chat with other traders about charts, day trading, and the markets available on LiveCharts. 
- Share Prices watchlist: With this free share monitor, keep an eye on your shares by adding your share symbols to the watchlist. 
- Share Signals: The LiveCharts data filter handpicks shares with the potential to move. You can add such shares to your watchlist and take advantage of a breakout. 
- Trend Charts: As the name suggests, unique trend signals for reversal points, trend continuation, and breakouts are highlighted daily. 
- Advanced Charts: Pick any share from your watchlist to perform advanced analysis. 
- Tools and Data: Daily updated breadth charts, calculators, and pivot points are at your disposal. 

## LiveCharts Members Area registration 

[To register](https://www.livecharts.co.uk/share_prices/members_features.php), click on the green-coloured >> JOIN FREE HERE! button. This will redirect you to the below screen. 

![Join now screenshot og website](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_10_11_at_11_59_06_d82356a8a0.png)

Create a username, enter your email address, full name, and date of birth, and select your country of residence. Tick both boxes and click the Apply button to proceed to the next step. You'll be emailed with your account password almost immediately. Take note of your password (which you can change later) and click the login link to access your free Members Area subscription.

## LiveCharts crypto charts 

If you look at the LiveCharts Home page, there is no mention of cryptocurrencies. The day [trading charts](/trade) provider, however, offers access to 15 cryptocurrency charts at the time of writing, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Cardano (ADA), and Bitcoin Cash (BCH). 

Click the Crypto option on the menu bar and [select a cryptocurrency chart ](/news/article/understanding-crypto-price-charts)you want to view. 

![Bitcoin chart on LiveCharts](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_10_11_at_12_01_43_4a6fb677e4.png)

As you can see above, we clicked on the Bitcoin chart option. The BTC chart is quite advanced, with access to indicators, metrics, strategies, a compare tool (where you can compare the performance of multiple cryptocurrencies), bars, candles, trend line, fib retracement, patterns, long position, and so on. 

The chart also features a brief description of BTC at the end (not that you do not know about the crypto asset already)! 

## LiveCharts stock market news 

The stock market news section is of particular interest to stock enthusiasts. This section features news about the UK market, international markets, company news, broker tips, Forex and commodities, and economic news. 

This section does not feature original LiveCharts news. LiveCharts is simply a news aggregator that gathers financial news from global sources. Click your category of choice and select the information that meets your fancy. 

If you are a website owner/builder, you can integrate LiveCharts news and live prices into your website with the help of the LiveCharts Widget Builder. The Widget Builder is free. 

On a concluding note, if you are looking for a free, [trustworthy news source](/news) and advanced day trading features, there are few better options than LiveCharts. Its Chat Boards are a fascinating plus - you can chat with like-minded traders and share knowledge! 

Man using phone and laptop to trade cryptocurrency

LiveCharts: free day trading chart provider 

As a cryptocurrency trader, you may encounter new crypto exchanges every other day. Choosing the right platform is tricky, as you need to figure out its features, services, and security. But rest assured, as we are reviewing one of the leading names among crypto exchanges, Bitget.  

This marketplace is known for its copy trading and leverage trading services with minimal fees. Here is the Bitget review that may help you decide whether it meets your needs. 

## What is Bitget exchange? 

Bitget is a major cryptocurrency derivatives exchange that offers advanced buying and selling services. Sandra Lou co-founded it in 2018, and it is currently being operated in Singapore. However, it caters to crypto investors worldwide and has more than 20 million users. A prominent reason behind its large user base is that the platform is completely authorised in five countries, including the US, Canada, and Australia. 

This crypto space offers a dynamic platform that can cover all your buying and selling needs. Mainly, its services include spot, futures, and copy trading. Aside from that, you will get timely market insights and data that will help you make the right decisions.  

## Pros and cons of Bitget exchange 

Here are the prominent benefits and drawbacks of using this exchange. 

### Pros 

- Transaction fee of <0.10%. 
- Intuitive interface. 
- Free copy trading services. 
- More than 500 cryptocurrencies listed. 
- Regulated by several authorities. 
- Supports over 250 fiat currencies. 
- Market data and insights. 

### Cons 

- Direct crypto purchases are costly. 
- Inept customer support. 

## What are the fees for the exchange? 

The foremost thing investors look for before investing in a trading platform is its withdrawal and transaction fees. Fortunately, the network makes a fair choice in this regard. It offers affordable transaction fees that can be as low as 0.02%.  

For spot trading, both maker and taker have to pay 0.1%. On the other hand, for futures trading, the makers’ fee is 0.02%, and the takers’ fee is 0.06%. Furthermore, you can also use BGB tokens and promo links to get further discounts.  

Meanwhile, you can start your trading journey with Bitget for as low as $50. There is no extra fee for depositing any amount there, making it an affordable option for buying and selling cryptocurrencies. 

However, you may not get the best rates if you want to buy any cryptocurrency directly through the medium. It charges slightly higher than most [popular exchanges](/news/article/simple-cryptocurrency-trading) because of its swift procedure. 

## Is Bitget copy trading profitable? 

Bitget is one of the largest exchanges for crypto copy trading that offers a range of options in this domain. Other than spot and futures copy trading, it offers bot copy trading. 

It works on advanced artificial intelligence (AI) models that help to create accurate [trading strategies](/news/article/simple-cryptocurrency-trading). These models can learn from past trends and suggest entry or exit points accordingly.  

A [report by Bitget](https://www.bitget.com/support/articles/12560603795722) claims that 93% of its users of futures copy trading secure substantial profits. Similarly, 82% of spot copy trading users also attained profitability. The report further claims that the total gains through the copy trading services have reached 74m USDT in 2023. 

However, copy trading involves high risk. Therefore, it is important to proceed with due diligence and only invest according to your risk appetite. 

## Is it safe? 

A platform’s security is another critical aspect of gauging whether it is a viable option. Bitget, in this regard, is also well grounded. So far, it has secured licences in six countries, including Canada, the US, Australia, Lithuania, Poland, and Italy. It suggests that it is a safe exchange for your trading needs.  

It has acquired the Money Service Businesses (MSB) licence to operate as an exchange in Canada and the US. It is working with the Digital Currency Exchange (DCE) licence in Australia. Meanwhile, in 2023 it acquired Lithuania and Poland's virtual asset service provider (VASP) licence.  

## How to create an account on Bitget 

Here’s how you can create an account on this trading platform: 

1. First, click Sign Up on the top right of its site.  
2. Then, enter your email or phone number and create a strong password. 
3. You will receive a verification code to your phone or email. To verify your account, enter the code. 
4. Then, you need to verify your ID. For this, click the profile button and a dropdown menu will appear. Here, select ID Verification. 
5. It will give you two options: individual or institution verification. Select Individual and fill out all the details. 
6. Once that's done, click Next, and your ID will be verified.  

## Bottom line 

Bitget is a reputable cryptocurrency derivatives exchange known for its copy trading offerings. It is a safe and secure option for buying and selling more than 500 cryptocurrencies and 250+ fiat currency options. 

The exchange provides insightful market analysis and strategies with its bot copy trading. Plus, you get only minimal transaction rates, which makes it a viable trading platform. 

Bitget review: Is it a safe trading platform?

NFT Droppers

In the rapidly evolving world of digital assets, platforms that provide timely and accurate information about Non-Fungible Tokens ([NFTs](/news/article/nft-meaning)) are invaluable. One such platform that has caught the attention of many in the NFT community is "[NFT Droppers](https://nftdroppers.io/)." In this comprehensive review, we'll delve deep into what the platform offers, its standout features, and how it fares in comparison to other NFT platforms.

## Introduction to NFT Droppers

NFT Droppers brands itself as the "[No. 1 NFT Calendar Platform](https://nftdroppers.io/) In 2023." At its core, it's an NFT calendar website that offers a sneak peek into upcoming NFT mints, ensuring enthusiasts and investors stay on top of the latest drops. The platform has positioned itself as a go-to resource for those keen on staying ahead in the NFT game.

## User Interface and Experience

Upon visiting the platform, users are greeted with a clean, intuitive interface. The website is easy to navigate, with clear sections dedicated to featured NFT drops, upcoming mints, and the latest NFT-related blogs. The design is visually appealing, with a mix of vibrant colours and high-quality images, making the browsing experience enjoyable.

## Features and Offerings

### NFT Calendar: 

The heart of the platform. It provides detailed information about upcoming NFT drops, including dates, blockchain platforms, and direct links to the projects. This feature is particularly useful for investors looking to get in early on potential high-value mints.

### Educational Blogs: 

NFT Droppers doesn't just stop at listing NFTs. It also educates its audience. Their blogs range from [beginner tips](https://nftdroppers.io/nft-101/) to expert analysis, ensuring that both newcomers and veterans have something to gain.

### Community Engagement: 

The platform emphasizes the importance of community in the NFT space. They highlight projects with strong community backing, recognizing that engagement often translates to success in the NFT world.

## Blockchain Diversity

One of the standout features of NFT Droppers is its recognition of various blockchains. While Ethereum remains a dominant force in the NFT space, the platform also showcases projects from blockchains like Solana, Polygon, BSC, and Cardano. This inclusivity ensures that users are exposed to a diverse range of projects.

## Future Plans

NFT Droppers is not resting on its laurels. They have plans to develop a Discord bot that will automatically notify users of upcoming NFTs, further enhancing the user experience and ensuring that no one misses out on potential golden opportunities.

## Comparison with Other Platforms

While there are several NFT listing and information platforms out there, NFT Droppers stands out due to its comprehensive approach. Not only does it provide information, but it also educates and engages its audience. The platform's focus on community and its recognition of various blockchains gives it an edge over many competitors.

## Conclusion

NFT Droppers has quickly established itself as a reliable and comprehensive platform for all 
things NFT. Whether you're a seasoned [investor](/trade) or a curious newcomer, the platform offers a wealth of information and resources to help you navigate the exciting world of NFTs. With its user-friendly interface, diverse offerings, and commitment to community engagement, NFT Droppers is undoubtedly a platform worth bookmarking for anyone interested in the NFT space.



NFT droppers logo overlaying image of NFTs

Comprehensive Review: NFT Droppers

Before ReadyPlayerMe, Snapchat was one of the first, if not the first social media platform of acclaim to allow users to create personalised avatars. Snapchat enables you to shape your avatar to resemble yourself as realistically as possible, albeit in a ‘fictional’ form. 

Since then, Meta has jumped on the avatar bandwagon (although not as successfully). Of course, the NFT industry thrives on avatar characterisation, especially PFP (profile picture) projects. 

Personalisation always appeals to the masses, and ReadyPlayerMe has made creating personalised avatars for businesses easy. With the help of ReadyPlayerMe developer tools, thousands of businesses have already integrated personalised, [high-quality avatar creation](/news/article/metaverse-fashion-week) for users into their business model. 

These easy-to-integrate character-creator tools are ideal for games, applications, and decentralised applications (DApps), looking to increase customer engagement and retention. 

## Creating an avatar 

To understand how the platform works, you can create your avatar. Simply [visit the website](https://readyplayer.me/) and click on the Create Your Avatar option.

![Choose your body type ready player me character selector](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_26_at_10_39_16_eb7cfe0204.png)

 As soon as you click on this option, you will be redirected to this screen. The avatar creation process begins. You choose your body type and click a picture of yourself/upload a file from your device. Alternatively, you can continue without a photo. 

I continued without a photo to see the results on offer! 

![Pick avatar on ready player me website](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_26_at_10_39_24_0bc3baf8fd.png)

Interesting… 

Pick an avatar that suits your fancy and modify it. 

![Modify avatar ready player me website](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_26_at_10_39_34_cdc3af71c2.png)

It is safe to say the options are endless! Select your skin tone, facial features, hair type, beard type, clothes, and other accessories. Once you are ready, enter the hub! 

![Avatar screen ready player me](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_26_at_10_39_44_9cc036a8e9.png)

At this stage, you can claim your avatar by signing up at ReadyPlayerMe. While I did not put much effort into the avatar creation process, I am impressed with the results. 

The platform is a fascinating option for businesses that want to add a special layer of personalisation to their products. 

ReadyPlayerMe is particularly suited to [gaming products ](/news/article/what-is-gamefi)(apps and DApps, do not be discouraged). 

## ReadyPlayerMe for gaming 

If you are a gaming developer, ReadyPlayerMe provides you with readymade avatar customisation tools to make your dreams a reality. The platform's unified developer toolkit saves development time considerably and caters to all digital experiences, including mobile, web, native, and virtual reality (VR). 

Avatar skins, outfits, and accessories can be sold to your users (of course) and directly on the ReadyPlayerMe platform. You can partner with the platform to make available your digital wearables to millions of users across thousands of games. Existing partners include Vogue, Tommy Hilfiger, Adidas, and New Balance. 

To put it into perspective, ReadyPlayerMe is already working with more than 10,000 developers and has an addressable player base of over 30M. We urge you to [visit the blog](https://readyplayer.me/blog) and read a few case studies to understand better the product and how brands are leveraging its tools. 

Get started today! 

ReadyPlayerMe: Personalised avatars for you 

Recently, many NFT marketplaces have emerged that offer unique features for digital asset trading. A popular option is the [X2Y2 NFT marketplace](https://x2y2.io/). 

It is an emerging NFT trading platform that strives to create a fully decentralised ecosystem for the trade of digital collectables.  

In this article, we will take an in-depth look at the features X2Y2 presents and will explore whether it is a convenient option for buying and selling NFTs. 

## X2Y2 NFT marketplace: An overview 

X2Y2 marketplace is a decentralised NFT trading platform launched in January 2022. It aims to provide an alternative to large centralised platforms like Opensea, [Rarible](/news/article/rarible-nft-marketplace), and others. The platform lives on the Ethereum blockchain and is backed by its native ERC-20 token X2Y2.  

Here are some of the pros and cons of using the platform: 

### Pros 

- Offers a rarity tracker. 
- Enhanced decentralisation. 
- NFT loans with zero interest. 
- Shares complete revenue with stakers. 
- Provides trade notifications in real-time. 
- Convenient to purchase NFTs in bulk. 

### Cons 

- Only supports Ethereum-based NFTs. 

## What features does this marketplace offer? 

Here are some of the notable features that the NFT marketplace offers: 

### NFT trading 

X2Y2 is a fully decentralised platform, which makes it ideal for buying and selling digital collectables. Also, you can easily create and launch your own digital art collections on the platform. You can find all the famous [NFT projects](/news/article/10-upcoming-nft-projects) on this marketplace and trade them using its advanced analytical features.  

Moreover, it allows you to purchase and list NFTs in bulk. This feature can significantly reduce the gas fee as you can list or buy them in one go.  

### X2Y2 token 

The platform claims to have an enhanced decentralised system. It works on the Ethereum blockchain and is supported by the ERC-20 X2Y2 coin. The token provides a mechanism for managing the marketplace's DAO (decentralised automated organisation).  

Through the tokens, the entire revenue generated on the platform is shared among the stakers. This not only helps secure the network but also offers incentives to the users.  

The token also differentiates X2Y2 from other marketplaces. The reason is that anyone can acquire the token through public sale. Still, private investors have more authority over large marketplaces. As a result, users enjoy increased decentralisation on this trading platform.   

### Rewards 

Users can get numerous types of rewards on this marketplace. They mainly include token airdrops and incentives for staking. However, if you have acquired the tokens through an Initial Liquidity Offer (ILO), you will get annual rewards from the market fee. 

### Staking 

The NFT trading platform also has an X2Y2 staking program through which you can generate substantial profits. There are 1,000,000,000 tokens, from which 65% (650,000,000) are allocated for staking rewards. So, when you lock your tokens for a certain period on the platform, you can earn rewards. 

Here’s the breakdown of staking rewards emissions: 

![X2Y2 stats](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_15_48_18_f80fd427fa.png)

You can earn the market fee rewards for staking in wETH, which is transferred straight to your wallet.  

## Loans  

The marketplace also allows for the lending and borrowing of Ethereum. It facilitates ETH's peer-to-peer (P2P) lending by enabling users to use their non-fungible tokens as collateral. The[ X2Y2 loan](https://x2y2.io/loan) mechanism ensures that the loan security is locked until the borrower pays the loan. 

Suppose the borrower fails to pay off the loan. In that case, the lender can claim the ownership of collateral NFTs and the agreed interest. This feature provides another way for users to generate a yield on their crypto.       

## Royalties 

One of the reasons why it is an affordable option is its royalty fee policy. Royalties are the charges you must pay when buying an NFT, which goes to the creator. The fee tends to fluctuate depending on various factors and can affect the total price of a digital asset. Some of the platforms may charge royalties of around 10%. But X2Y2 is different. 

This marketplace allows the users to set an amount they can easily pay to the creators. It can minimise the total price of an NFT, eventually making the platform more affordable.

X2Y2 trading fees 

Among [Ethereum-based NFT marketplaces](/news/article/largest-nft-marketplace-2023), X2Y2 is one of the cheapest. Its trading fee is minimal compared to other prominent names such as Opensea, SuperRare, Raribilty, and others. It only charges 0.5% on the buying and selling of NFTs. Meanwhile, the royalty charges are also adjustable, which allows you to maximise your profits.   

## Final verdict 

The X2Y2 NFT marketplace is an innovative platform offering a diverse range of NFTs. Its user-friendly interface, curated collections, and transparent processes create an appealing space for artists and collectors alike. 

It also offers various rewards and minimal transaction fees, making it an affordable option for NFT trading. 

A comprehensive review of X2Y2 NFT Marketplace 

NFT enthusiasts know the importance of staying ahead to take advantage of exclusive, limited-edition NFT drops by keeping up-to-date with calendars. This article shows how to use WAX to get the latest NFT info. 

## Introducing WAX 

In the fast-moving world of NFTs, keeping an eye on the latest drops can be arduous. Information is scattered across different blockchain ecosystems, making staying up-to-date with [new offerings](/news/article/nft-art-marketplaces) almost impossible. 

Moreover, only specific platforms or communities get access to timely information, and most collectors don’t discover these high-class opportunities. This is where Worldwide Asset eXchange ([WAX](https://www.wax.io/)) comes into play. 

WAX updates delivers a reliable resource to monitor what's happening with NFT drops. This decentralized blockchain also facilitates buying, selling, and trading exclusive NFTs.    

## Benefits of using WAX 

The WAX blockchain is renowned for fast transaction speed, scalability, and affordable fees, mostly completing transactions within seconds. 

The platform's capability to handle a high volume of transactions makes it an avenue toward mass NFT adoption. 

## How to never miss WAX NFT drops 

NFT sales from popular projects on the WAX blockchain go fast and can get sold out within seconds, meaning every second counts during sales. 

Following are tips to ensure you never miss buying drops during sales:  

Know when a sale is happening: Figure out when a deal will happen – check the platform’s online calendar and save the date or set a reminder for, perhaps, 15 minutes ahead. 

Fix your PC’s clock: Use the website www.time.is to synchronize your PC's clock since you don't want to clock in a few seconds too early and receive an error message or too late and miss out, 

Timing is crucial: Open the site 15 minutes before the exact time and open at least two tabs just in case the hub loads too long and you miss the drop; the second tab will act as a reserve to retry the payment.   

## Wrapping up 

The best way for any avid NFT collector to get the latest WAX NFT drops is to stay informed. 

That means exploring, staying proactive, and taking advantage of calendars to avoid missing exciting [new opportunities](/news/article/are-nfts-dead-investigation). 

Wax blockchain logo on image of blue circuit board

Your ultimate guide to WAX NFT drops 

[Dookey Dash](https://dookeydash.com/), sometimes wrongly referred to as DookyDash, hit the gaming market at the beginning of 2023 when it became the trendiest topic on the various NFT ([non-fungible token](/news/article/upcoming-nft-projects)) communities across all social media platforms.  

Having made a promise to revolutionize the P2E (play-to-earn) market, it is a skill-based NFT mint game by [Yuga Labs](https://learn.bybit.com/nft/what-is-dookey-dash/), the development team behind collections such as the BAYC (Bored Ape Yacht Club), MAYC (Mutant Ape Yacht Club), and BAKC (Bored Ape Kennel Club).  

Whether you call it Dookey Dash or DookyDash, to understand what this trendy keyword entails, let us briefly examine what it is all about. 

## Whether it's Dookey Dash or DookyDash, it introduced Sewer Passes 

Modelled after games such as Temple Run and Subway Surfers, players of this game had to compete in an endless running challenge.  

Like the other games, those who can survive obstacles thrown their way during the challenge get the top points (scores) and receive prizes.  

Once you are knocked out, players have to begin from the start.  

Despite being modelled after the aforementioned games, which are free to play by all manner of persons, playing Dookey Dash (the correct form of DookyDash) came with some requirements. 

Between 18 January and 8 February, when the game was at its peak, participants needed to be stakeholders of Yuga Labs' ecosystem. 

To join, you had to be an active holder of a [Bored Ape](/news/article/bored-ape-yacht-club) or Mutant Ape NFT. Holding these NFTs guaranteed gamers Sewer Passes, a limited edition NFT that enabled access to the game. 

Sewer Passes came in four different tiers. Each tier had different point-earning bonuses. With a MAYC NFT, gamers received the lowest pass (Tier 1), and with a Mutant Ape and BAKC, they received a Tier-2 pass. BAYC only gave gamers a Tier-3 pass, while Tier-4 holders had BAKC and BAYC NFTs.  

The game was supported by many browsers, such as Google Chrome, Apple's Safari, Microsoft Edge, and Mozilla Firefox. 

When the game's top scorers were frozen after 8 February, eligible Sewer Passes were transformed into new rewards on 15 February. 

## Dookey Dash key sold for $1.6 million in March 

Kyle Jackson, a Twitch streamer, won the golden key for receiving the highest score while playing Dookey Dash, the P2E game occasionally referred to as DookyDash. He sold his NFT "key" for 1,000 ETH (around [$1.6 million)](https://www.coindesk.com/web3/2023/02/27/winning-dookey-dash-key-sold-for-16m/) towards the end of February.  

As of 11 August 2023, Sewer Pass NFTs had generated around [$110 million](https://www.cryptoslam.io/sewerpass?headerPeriod=all&tab=historical_sales_volume) in all-time sales, with the peak of its monthly sale coming during January ($57 million), when millions of BAYC and MAYC holders jumped into the Dookey Dash, or DookyDash, P2E game. 

Call it DookyDash or Dookey Dash - it's had an impact on P2E gaming 

Before turning to our list of the best AI crypto coins, let's understand what artificial intelligence is. 

AI continues to take the world by storm. Contrary to what many people say (and what the news suggests), AI is not here to 'replace' people. 

While AI will end up[ replacing millions of human jobs in 2023](https://www.msn.com/en-in/news/other/ai-will-replace-millions-of-human-jobs-by-2023-but-these-4-jobs-to-be-at-most-risk-reveals-study/ar-AA1eCrRm) alone (low-wage jobs in particular), it will force people to upskill and keep up with the latest technological trends, eventually doing much more good than harm - stagnation kills. 

An AI revolution is brewing, and the cryptosphere is no exception to its wrath (overdramatic much?). 

AI coins, in particular, are the talk of the town. These crypto assets use artificial intelligence to enhance security, scalability, and user experiences within blockchain networks. AI can be trained to identify investment opportunities, analyse market trends, detect illicit activities, and much more. 

Hence, AI crypto coins find application in AI-driven projects based on portfolio management, market predictions, decentralised marketplaces, etc. It is safe to say that the potential for AI in the cryptosphere is sky-high. Read on to learn about the best AI crypto coins on the market today. 

## Best AI crypto coins 

Here are the five best AI crypto coins in no particular order: 

- SingularityNET (AGIX). 
- Render (RNDR). 
- Oasis Network (ROSE). 
- The Graph (GRT). 
- Injective (INJ). 

## SingularityNET (AGIX) 

AGIX is, without a shadow of a doubt, one of the most in-demand AI crypto coins on the market today. AGIX is the native token of [SingularityNET](https://singularitynet.io/), an ecosystem based on AI and Artificial General Intelligence (AGI). 

The ecosystem’s goal is to create a beneficial, inclusive, democratic, and decentralised AGI. AGIX plays an instrumental role in facilitating ecosystem transactions. 

![SingularityNET](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_04_bcf32504a3.png)

According to CoinMarketCap data, AGIX is trading at $0.1776 at the time of writing (to remain consistent through this article). The AI cryptocurrency has a market cap of over $200M, a 24-hour trading volume of nearly $40M, a total supply of just over 1.30B, and a maximum supply of 2B. 

You can purchase AGIX on[ popular crypto exchanges](/news/article/coinberry-exchange-review) such as Binance, KuCoin, and Uniswap. 

## Render (RNDR) 

RNDR is the native asset of [Render Network,](https://rendernetwork.com/) an Ethereum-based GPU network that revolves around motion graphics, VFX rendering, and animation. The cryptocurrency serves as a utility token within Render Network. 

The distributed GPU rendering platform was launched in 2017 and enables artists to scale next-gen rendering work efficiently and cheaply. 

![Render token screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_12_e4f1f1aa55.png)

RNDR is currently trading at $1.43. The crypto asset's market cap is more than $500M, with a 24-hour trading volume of nearly $50M, a circulating supply of almost 372M, a total supply of approximately 531M, and a maximum supply of close to 537M. 

You can buy RNDR at cryptocurrency[ exchanges](/news/article/coinswitch-exchange) such as Binance, KuCoin, Coinbase, and [Kraken](/news/article/kraken-crypto-exchange-plans-bank-launch). 

## Oasis Network (ROSE) 

[Oasis Network](https://oasisprotocol.org/) is a Layer 1 (L1) blockchain prioritising privacy, security, and versatility. The L1 promises "smart privacy" - according to its website, to build better decentralised applications (DApps), smarter privacy is the need of the hour. 

The L1 is built keeping developers in mind, enabling them to craft confidential DApps with ease. The network's modular architecture allows superior security, low gas fees, and high throughput. 

Recently, Oasis Network announced an ecosystem fund amounting to a whopping $235M. This fund will help support like-minded projects on the L1, fostering innovation and growth within the ecosystem. Exciting times! 

ROSE, the native crypto of Oasis Network, fuels the ecosystem. 

![Oasis Network coin statistics](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_21_56974e05d1.png)

ROSE is currently worth $0.04133. The cryptocurrency’s market cap is a solid $236M, with a 24-hour trading volume of over $26M, a circulating supply of more than 5.72B, a total supply of 10B, and a matching maximum supply of 10B. 

You can easily purchase ROSE at Binance, KuCoin, and Coinbase. 

## The Graph (GRT) 

[The Graph ](https://thegraph.com/)is an open-source, decentralised protocol that leverages distributed ledger technology (DLT) to collect data, thereby eliminating intermediaries. 

This protocol is designed to organise and index data efficiently. Simply put, The Graph indexes and organises blockchain data like Google indexes the worldwide web. 

To tackle the challenges of indexing blockchain data, The Graph utilises Subgraphs (Open APIs on The Graph) to retrieve blockchain data efficiently. The protocol's native crypto asset, GRT, is utilised for resource allocation within the network. 

![The Graph coin stats from coinmarketcap](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_30_82482da480.png)

GRT is available for purchase at $0.08947. The AI crypto coin's market cap is nearly $820M, with a 24-hour trading volume of almost $63.50M, a circulating supply of approximately 9.15B, and a total supply of more than 10.72B. The token's maximum supply is infinite! 

Buy GRT at Binance, Coinbase, and KuCoin. 

## Injective (INJ) 

Injective is a “blockchain built for finance”. The L1 enables developers to build top-notch financial applications, with revolutionising smart contracts, pioneering interoperability, customised decentralised finance (DeFi) solutions, and formidable security. 

Backed by the likes of Binance and Mark Cuban, keep an eye on Injective and, in particular, the L1's native asset, INJ, which is one of the few cryptocurrencies experiencing a green wave at the time of writing! 

![Injective token coinmarketcap stats](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_18_at_09_59_39_78bb1c754d.png)

INJ is currently trading at $7.64 and can be bought on Binance, KuCoin, and Coinbase. 

Best AI crypto coins unveiled: A complete guide

MagicEden is known as a top-tier NFT marketplace for Solana NFTs. But, recently, it has also [started to support](/news/article/magic-eden-expands) Ethereum and Polygon NFTs and now offers a wide range of popular digital art collections. 

The marketplace also provides minimal transaction fees, which makes it a preferred platform for NFT trading. 

Here, we’ll delve into how to use [MagicEden](https://magiceden.io/) to buy and sell NFTs. 

## Buying NFTs on the platform 

1. Here’s the step-by-step procedure for buying an NFT from this diverse marketplace. 
2. Find the NFT project you want to buy from through the collections section or the search bar.   
3. After analysing the floor price, trading volume, and other important metrics, select the collectable to buy.
4. Once you have selected a collectable, integrate a compatible wallet with the marketplace. You can find the Connect Wallet button on the top right of the screen.  
5. Find your preferred wallet from a wide range of options. 
6. Open the NFT you've picked to buy to see all its details and attributes, along with two options. You can either purchase it instantly by clicking on Buy Now or make a different price offer for the collectable. 
7. If you’re comfortable with the price, you can proceed with the Buy Now option, and it will ask you to approve the transaction.   
8. Check the amount that will be deducted and the digital asset that will be added to your wallet, and click on Approve.  

That’s how easily you can buy NFT on MagicEden. Check it by clicking on the wallet option on the top right side.   

## Selling NFTs on MagicEden 

Selling an NFT is a bit trickier than buying one. Here’s how to do it.

1. Connect your wallet containing the NFTs you want to sell on MagicEden.  
2. Once done, click on the Sell option right next to the wallet. 
3. It’ll lead to your profile, where you can find all your digital assets. Select the one you want to sell. 
4. The sell page will appear with all the details, including the previous price, mint and token address, owner, transaction, and royalty fees.  
5. After analysing all the factors, set an appropriate price for the NFT and proceed with List Now.  
6. Now approve the transaction, and your collectable will be listed for sale. You can review the received offers for it from your profile.  

Buying and selling NFTs on MagicEden is a breeze. All you need is a compatible wallet and some trading knowledge, and you'll be good to go. 


How to buy and sell NFTs on MagicEden marketplace 

Today, thanks to legit NFT [(non-fungible token)](/news/article/upcoming-nft-projects) marketplaces such as OpenSea, X2Y2, Blur, LooksRare, and Rarible, it has become extremely easy to sell digital items that do not have any physical correspondence. Now [DMarket](https://dmarket.com/) is becoming popular for trading in-game items. 

As the NFT market peaked in 2021, many areas of the global economy decided to cash in on the emerging space. Among them was the gaming industry, which has been producing in-game items that can be sold and bought on specific marketplaces. 

One such marketplace is DMarket, which has been trending for some time. The website sees [millions of monthly visitors](https://www.similarweb.com/website/dmarket.com/#overview), with users visiting around 13 pages each time and spending about five minutes on the site. This explains why it is ranked among the top 100 portals under gaming in the US. 

While thousands of people have left rave reviews about the platform, it is not uncommon to come across others who are not happy with many aspects of the website's operations. 

Below we consider is DMarket legit as a place to go about your buying and selling activities of in-game items tied to the NFT market. 

## What is DMarket?  

Currently under parent company Mythical Inc. after being acquired in January 2023, DMarket was founded in 2017 as a worldwide marketplace that helps gamers exchange in-game items from video games under titles such as Team Fortress 2, Dota 2, Rust, and Counter Strike (CS: GO).  

The in-game items are popularly termed “skins”. Skins are virtual goods (non-physical goods bought for use in online games or online communities).  

## Is DMarket legit? The pros 

Many positive reviews about DMarket can be found online. As one of the few platforms to embrace the blockchain economy, it has facilitated more than 80 million transactions with over 23 million closed deals. But is DMarket legit? Let us examine some of the pros of using this platform. 

- It's emerging as a top blockchain-based marketplace. In a 2021 Metaverse Report by Newzoo, one of the most credible market research firms, DMarket was tagged as a top three blockchain-based marketplace. The Metaverse is gradually becoming an integral part of the Web3 economy. Video gaming plays a substantial role in the Metaverse, while items derived from engaging with objects in games can also be converted into NFTs, which can be sold for money. 

- Having seen the lack of interoperability in the blockchain-powered economy, DMarket provides a bridge between the virtual and real world by serving as a cross-chain platform that accumulates multiple Metaverses for broadcasters, eSports organizations, video games, influencers, and brands. This explains why it has more than one million skins in its marketplace, has a bot that guarantees easy and quick trading, and holds a 4.5-star rating on Trust Pilot.   

- Accessibility and numerous payment options for traders. The skins need to be bought and sold using fiat or digital currency. Payment methods available to users include e-services platforms (PayPal, Neteller, Skrill, and Payoneer), bank cards from financial services companies like Mastercard, VISA, and Union), and bank transfers. Cryptocurrencies such as Ethereum (ETH) and Bitcoin (BTC) are also accepted. Smartphone users can also access the marketplace on Google Play Store (Android) and Apple Store (iOS) and also take advantage of the many language options available in customer service.     

- Updated API systems. One of the most complained aspects of trading is scalability. The platform’s application programming interface (API) makes it easy to trade. Aside from that, it also helps users manage their inventory as they trade in bulk without facing technical problems.  

## Is DMarket Legit: The cons  

While the team behind the project has created a great ecosystem where brands, influencers, players, and game developers can contribute securely to video game content while making profits in the process, many people have shed light on the platform’s 7% fee.  

Many sellers have accused the company of putting profits ahead of satisfying sellers. Aside from fees, customer service response times have been rated poorly by millions of the platform's users. 

Is DMarket legit for buying and selling NFTs? 

The cryptocurrency market may resemble the Wild West. However, many people interested in leaving the league of nobodies and becoming champions of finance are still considering joining the world of automated crypto trading platforms. If you're wondering whether it's worthwhile making a beeline for a chance to earn from crypto trading, read our Bitcoin Champion review to learn more about the app. 

## What is Bitcoin champion? 

Bitcoin Champion is a modern-day computerized crypto trading app that integrates artificial intelligence (AI), machine learning (ML), and an intelligent algorithm to enable users to execute smart and intelligent investments. 

The platform has a great user interface that is safe and easy to use. It's equipped with [crypto trading](/news/article/altcoin-trading-tips) bots besides supporting trading in different assets at numerous markets and cryptocurrency exchanges. 

According to the platform’s [website](https://the-bitcoinchampion.com/), its trading bots offer incredible trading accuracy at 99%, making it easy for users to rake in profits. Using these high win-rate robots guarantees registered users a huge return on investment from automated trading sessions. 

Moreover, these smart robots can outsmart rivals in at least 0.01 seconds, meaning traders can easily predict price fluctuations and make informed trading decisions. In addition to crypto asset trading, the AI-powered application facilitates investments in other assets via online brokers.   

## How it works 

The Bitcoin Champion app is programmed to automatically execute trading and investment for different digital assets using state-of-the-art AI and ML technologies. 

The app's inbuilt robots are designed to make lucrative buying and selling decisions within live trade and investment sessions using the following automated agents: 

## Cryptocurrency trading robot 

The platform's AI-driven robots conduct trading in crypto pairs on behalf of a user by performing fundamental crypto market technical analysis to open and close trading positions based on cryptanalysis reports. Once they detect a potentially lucrative business deal, the robot automatically signals a trader to execute the deal and make a killing, all happening in the twinkling of an eye. 

The best thing about this Bitcoin auto-trader is the ability to perform high-frequency profitable trades before a sudden price fluctuation changes the position and hampers a deal. The Bitcoin Champion bot stays ahead of other bots by at least 0.01 seconds, which can mean a great deal in the highly volatile cryptocurrency market. 

## Online regulated brokers 

The platform integrates trustworthy and regulated brokers approved by leading global financial authorities to manage the investments and returns of their registered investors. 

Once investors deposit funds into their Bitcoin Champion account, the brokers carefully invest them into different profitable schemes. Investors can get in touch and discuss their investment portfolios or receive reports from their designated brokers on the phone.    

## How to start trading at Bitcoin Champion 

The app's easily-navigable and user-friendly interface enables even newbies to join and conduct trading via the bot and brokers. 

Following is the step-by-step process of becoming a trader via the platform: 

Step 1: Registration: The sign-up process involves opening an account on the platform by inputting your name, email address, and phone number. You’ll need to set a strong password alongside your credentials before you can begin trading. 

Step 2: Conduct a demo trade: Whether you're a newbie or an expert, you should conduct a demo trade by opening a free Demo account to sharpen your skills without any financial commitment. The demo period is your time to learn the market and analyze price fluctuation trends before venturing into the live market.   

Step 3: Deposit the required amount: There's a minimum requirement of at least $250 before you can begin trading, but you can always put in more. The low minimum deposit is intended to accommodate those traders who are on a budget or not sure but still want to try their hand in the volatile cryptocurrency market. Deposits are as low as $250, but users can go as high as $15,000. 

Step 4: Take part in live trading in the cryptocurrency: Once you've armed yourself with a Bitcoin Champion account and a few strategies via the demo trading, you can comfortably step into the live market and cryptocurrency exchanges by activating the crypto trading robots. While having technical knowledge is not a prerequisite, it's important to understand the technical details so you can comfortably monitor the trading robots. You can trade at least 15 different cryptocurrencies Bitcoin, Litecoin, Ethereum, Ripple, and Bitcoin Cash. The app supports traditional currencies like the US dollar (USD), Euro (EUR), and British pound (GBP). 

## Pros and cons 

### Pros 

- Easy-to-use and fast registration process. 
- User-friendly intuitive interface. 
- Automatic and manual modes are available. 
- No hidden fees or costs. 
- Robust and responsive customer care. 
- The demo account offers Bitcoin trading strategies. 

### Cons 

- Slow withdrawal process. 
- The website and user interface are not distinctive.
- A long list of restricted countries. 

## Conclusion 

Bitcoin Champion is legitimate in the way it functions, and according to available information and user testimonials, the app offers fine algorithms that precisely follow industry trends and prices. 

The platform works efficiently, and its robots automatically execute trade and investment transactions. However, like with all investment forms, do your research to avoid[ scams](/news/article/bitcoin-scams) and only invest as much money as you're comfortable losing. 

Bitcoin champion logo on blue background image of coins

Bitcoin Champion app review 2023 – scam or legit?

## What's Binance? The simple answer is that it is a cryptocurrency exchange. 

A [crypto exchange](/news/article/what-is-a-cryptocurrency-exchange) is a fundamental part of the crypto ecosystem as it enables the movement of cryptocurrencies, creating the crypto economy. An exchange in the crypto space functions like a stock exchange in traditional finance. It assists crypto investors, traders, and users to sell, buy, and trade their digital assets. 

This article focuses on Binance, its key features, and how to get started. 

## What’s Binance? 

For those investors wondering "what's Binance", it is a centralized exchange established in 2017 by [Changpeng Zhao](/news/article/cz-binance-founder), who currently serves as its CEO, and Yi He in China. Currently, the exchange is set up in the Cayman Islands following China’s cryptocurrency ban. 

Binance is the leading crypto exchange by trading volume as well as revenue. The exchange facilitates transactions worth over $1 trillion annually. 

## What's Binance good for? 

- Trading Assets: Users can buy crypto assets using fiat currency, sell them for fiat currency and trade their digital assets for other digital assets on the Binance exchange. 
- [Crypto wallet](/news/article/best-crypto-wallets): Binance also provides users with a crypto wallet. Like a physical wallet, users can store their digital coins in the wallet safely and use them when they want to trade. 
- Crypto staking: The exchange also offers crypto-staking services to its users. This enables users to deposit and lock their assets for a given period during which they gain interest. For some blockchains, staking assists in building the chain, and users who stake are rewarded in crypto. 
- Binance Launchpad: This is a service created for crypto developers to launch their new cryptocurrencies through an Initial Coin Offering ([ICO](/news/article/what-is-an-ico)). 
- Low Transaction Fee: Similar to other financial institutions, Binance also charges a fee for transactions to generate revenue. However, in the crypto industry, Binance prides itself on having the lowest transaction fees. 
- To get even lower transaction fees, users can pay in Binance Coin (BNB), a token native to the Binance ecosystem, which accords them up to a 25% discount on trading fees. 
- High Liquidity: Binance also has the highest liquidity among all crypto exchanges. This allows a user to sell all their digital assets and withdraw all their funds. 

## How to get started 

Once we've answered the question "What's Binance", we need to look at getting started. It is a simple process: 

### Step 1: Registration 

To get into Binance, a user is required to [register on the website](https://accounts.binance.com/en/register), with their email and a strong password. Users can also reinforce the security of their accounts by setting up a 2-factor authentication (2FA) service. 

### Step 2: Account Verification 

To access full privileges on the exchange, users are required to verify their accounts by providing Know-your-customer (KYC) documents to ascertain their identity. These documents include a government-issued ID, a driver's license, or a passport. Verification helps to secure your account further and ensures compliance with regulations. 

### Step 3: Purchase Crypto 

Once the account is set up, users can purchase crypto using their fiat currencies. To do this, users can deposit their fiat currency into their exchange wallet, which is automatically created once an account is created. They can then use these funds to [buy a cryptocurrency](/news/article/best-crypto-currency-2023) of their choice. 

### Step 4: Trading 

After creating an account and depositing funds, users are now prepared to initiate trades. Binance offers three primary types of [trade](/news/article/best-tools-for-trading-crypto) orders: market order, limit order, and stop-limit order. 

A market order is executed instantly, as it involves trading an asset at the prevailing market price. 

A limit trade is where an asset is bought or sold at a price the trader sets. This trade takes time because the trader's price must be met. 

A stop limit order is a trade that occurs once the price set by the trader for an asset is reached by the market. While the trade is more risk-averse, it is not guaranteed to happen because the asset may never reach the set price. 

What's Binance? A Beginner's Guide

The United Arab Emirates (UAE) has become a global hub where innovation and prosperity collide. Due to this, the country has a dynamic financial ecosystem where crypto investors can also thrive. If you're looking to invest in crypto and searching for the best crypto exchange UAE option, this article might help. 

Here, you can find the top seven cryptocurrency exchanges in UAE based on their trading features and ease of use. So, let's delve in! 

## Which is the best crypto exchange UAE option? 

Here are the seven best crypto exchanges in the UAE. 

### Binance 

The most popular crypto exchange UAE option is[ Binance](https://www.binance.com/en). It's the largest cryptocurrency exchange in the world in terms of its trading volume, markets, and liquidity. The platform offers more than 350 digital coins and supports various fiat currencies, including AED. Furthermore, this option is secure for UAE investors as it is licenced by Dubai’s Virtual Assets Regulatory Authority (VARA).  

The best thing about the Binance exchange is that the trading fee on the platform is minimal. The transaction fee on the platform could be as low as 0.10%. Besides, you can[ earn rewards ](/news/article/binance-staking)based on a certain percentage if you have idle cryptocurrencies.  

### Coinbase 

[Coinbase](https://www.coinbase.com/) is among the [leading crypto exchanges ](/news/article/best-exchanges-for-crypto-uk)renowned for its security and user-friendly interface. The exchange has a global footprint as it is licenced by various regulators, including the FCA and FDIC. It can also serve Emirati users as it seeks approval from Dubai’s Virtual Assets Regulatory Authority (VARA) and Abu Dhabi Global Market (ADGM).  

Coinbase introduces a wide range of virtual assets and fiat currencies you can easily buy. The trading fee on the platform varies between 0.05% and 0.6%. Plus, it has a cryptocurrency staking option, allowing you to gain crypto profits. 

### eToro 

Another crypto exchange UAE option on the list is [eToro](https://www.etoro.com/). It's a platform that presents diverse investment options, including digital assets. You can buy and sell more than 75 coins, including all the popular ones like BTC, ETH, and XRP. The platform is famous for offering a beginner-friendly procedure for buying and trading cryptocurrency.  

The [eToro broke](/news/article/best-exchanges-for-crypto-uk)r is an economical platform that charges only 1% as a transaction fee. Its users are also well-protected as it follows several investor protection measures. Also, eToro has a social trading service that allows novice traders to gain experience by following the trades of other traders.  

#### CoinMENA 

[CoinMENA](https://www.coinmena.com/) is yet another option for the best crypto exchange in the UAE. The platform is specifically designed for digital asset investors in MENA (the Middle East and North Africa), hence the name "CoinMENA.” It is based in Bahrain and is authorised by the Central Bank of Bahrain. It is one of the most trusted exchanges in the region that has also secured a licence from VARA.  

Moreover, the CoinMENA exchange is Shariah-compliant, so Muslim investors may find it the ideal forum for buying and selling cryptocurrency. It also has an amount-based fee structure. This means if you are trading more volume of crypto, you will have to pay less.  

### BitOasis 

[BitOasis](https://bitoasis.net/en/home) crypto exchange in UAE is also a viable option for trading cryptocurrencies. The platform is based in Dubai and caters to investors across the Middle East. It currently deals in more than 60 virtual assets you can purchase with AED and other fiat currencies. It has a seamless procedure for opening an account and registering on the platform. 

BitOasis acquired the Operational MVP Licence in March 2022, but VARA revoked it in July 2023. Currently, it is working out the terms to renew the authorisation from VARA. The platform is hopeful to meet the requested conditions from Dubai's financial regulator.   

### Crypto.com 

[Crypto.com ](https://crypto.com/)is also a well-known cryptocurrency exchange globally, and Emirati investors may acquire its services. The platform was established in 2016 in Hong Kong and later shifted its operations to Singapore. It is currently catering to clients in more than 90 countries. What makes Crypto.com a unique option is its ecosystem of related services that include crypto interests, Visa cards, Crypto.com Pay, and an [NFT marketplace](/news/article/crypto-com-nft). 

The exchange charges around 2.99% for debit and credit card transactions. Meanwhile, for other trades through the exchange, you will have to pay a fee of around 0.40%. Aside from that, it gives you more than 250 options of virtual currencies, and you can begin trading for as low as $20. 

### OKX 

OKX can be another trusted and secured crypto exchange UAE option. More than 300 coins are listed, with all the basic trading options like spot, futures, swap, margin, and others. It is one of the cheapest exchanges that allow you to trade cryptocurrencies at the lowest fee of 0.08%. 

Moreover, the [OKX]https://www.okx.com/) exchange also comes with an NFT marketplace. It also has an OKX wallet where you can securely keep your coins. You can also join the OKX Earn program to generate passive income from your coins.  

## Final thoughts 

The UAE's crypto landscape offers a diverse array of exchanges catering to every trader's needs. From user-friendly interfaces to top-notch security features, these top seven picks stand as prime choices for confidently navigating the world of cryptocurrencies. Embrace the digital revolution and embark on your crypto journey with the best exchange for your trading goals. 

Best crypto exchange in the UAE: The top 7 picks 

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