Non-fungible tokens (NFTs) are probably the most popular use case for [blockchain technology](/news/article/blockchain-for-dummies). Some of them are worth tens of millions and have [received endorsements](/news/article/instagram-nft-minting-and-trading) from top celebrities and financial entities. They have also revolutionized how we view digital arts and physical assets. 

To help you get started, we created this guide on how to make NFT art.

## What is an NFT?

Non-fungible tokens (NFTs) are digital assets created and stored on a blockchain. They are unique cryptographic assets you cannot replace with another asset, hence the "non-fungible" description. Non-fungible tokens are created by minting them on a blockchain.

Unlike cryptocurrencies and fiat currencies, you cannot exchange one NFT for another. Each token has unique identification codes that help anyone to verify its uniqueness and originality on the blockchain. Even if you create a clone, anyone can tell the original from the clone by looking at the metadata.

Due to their non-fungibility, they are perfect for representing items from the physical universe, including physical artworks, videos, and real estate. However, you can also create them as standalone art. You can even create NFTs that do not represent any physical asset.

## How to make NFT Art

To create an NFT, you must sign up on a platform that supports NFT minting. This platform could be a crypto exchange or [NFT marketplace](/news/article/nft-art-marketplaces). You will need some cryptocurrency to verify the transaction and mint the token.

The amount and how you pay depends on how the blockchain you use charges a transaction fee for the minting process. For example, this fee is referred to as the gas fee on Ethereum and is paid with Ether (ETH).

Some of the popular NFT minting platforms are:

•	Binance (BNB Chain).

•	[Nifty Gateway.](/news/article/what-is-niftify)

•	Rarible

•	OpenSea

•	Proton Mint.

•	SolaNart

## How to make your first NFT Art

Ready to create your first NFT? Here is a step-by-step guide on how to create an NFT from scratch.

## Define your art

Figure out what you want to create. Most creators tie their NFT to a digital art piece like a short video clip, an image, or an audio file. You can even create an NFT out of a tweet. [Jack Dorsey made millions from selling an NFT made from his tweet.](https://www.cnbc.com/2021/03/22/jack-dorsey-sells-his-first-tweet-ever-as-an-nft-for-over-2point9-million.html)

The goal is to create something unique and original. So if you are basing your NFT on digital media, you must hold the right to that asset. Another alternative is to create them without an underlying basis for representation.

## Select a blockchain

NFTs are created and stored on blockchains. So, you must choose a blockchain to host your art. There are many blockchains options, each with its pros and cons.

The top choice for many digital creators is [Ethereum](/news/article/ethereum-prediction), and almost all marketplaces allow you to mint NFTs on the Ethereum blockchain. Other great options include [Solana](/news/article/solana-price-gbp), [Polygon](/news/article/matic-price-prediction), and Flow.

Each blockchain has its community and features, so you should research this. However, if you want to learn through the process, then Ethereum is where you should start.

## Set up a wallet

When you create a non-fungible token, it is stored on a blockchain address. You need a crypto wallet to access and interact with your NFTs. So, after you've chosen a blockchain, you need a wallet that supports your selected blockchain. 

Some wallets support more than one blockchain; some don't support more than one.

Therefore, you need to research your wallet choice and determine which blockchains it supports. MetaMask, Coinbase Wallet, and Ledger Nano X are the most popular options.

## Choose a platform

You need a minting platform to create your NFTs, and there are several platforms to choose from during your minting. For example, Rarible and OpenSea are two platforms that support minting on the Ethereum blockchain.

Ideally, you want a platform that allows easy minting at a reasonable cost and provides you with a place to list and sell NFTs. OpenSea and SolaNart are great choices to mint and quickly sell NFTs.

OpenSea is famous for its Ethereum-based NFTs, while SolaNart is a [Solana-based NFT platform](/news/article/solanart-nft-marketplace). You can also use crypto exchanges such as the Binance Exchange and Coinbase to mint and trade the tokens.

## Mint the NFT

Once you've chosen your blockchain, crypto wallet, and platform, the next step is to create your NFT. For illustration purposes, we will describe how to create an NFT on OpenSea. The processes for other platforms may be similar or different; however, the underlying principles apply.

•	Connect your wallet: Click the wallet icon from the OpenSea menu and select the wallet you wish to connect. This process will require you to make a verification on your wallet app.

•	Create your NFT: Select the "create" option on the Open Sea platform. This option will create a page for you to upload your NFT art and define its features and the blockchain you want to use.

•	Define your NFT: You need to give your NFT a name and description. You can add special features such as discount codes or private Discord channel invites. You can also expand your NFT to a collection or limit it to only one.

•	Pick your blockchain: The last step is to select the blockchain to store your NFT. Don't make a mistake here, as you cannot change this after you have minted the NFT.

•	Mint your token: Congratulations! Your digital asset is live. However, it still needs to be put up for sale. To do that, you need to select the sell button and indicate your sell price and how long you want to put it up for sale. Most platforms allow you to list your NFT for free or next to nothing, while others can charge a lot depending on the network fees at the time of listing.

Depending on the platform, it will cost you a small fee to sell an NFT. Some platforms, such as Binance, will take a percentage of the selling price to cover platform fees and other applicable fees. Other platforms like OpenSea, on the other hand, charge a flat price for each sale.

You can also choose to earn each time anyone sells your NFT and can earn up to 10% each time it is subsequently sold.

## Wrapping up

You now know how to make NFT art. Minting an NFT requires you to learn a few concepts, like using minting platforms and digital crypto wallets. Once you get a grip on these things, creating them becomes easy.


pink image of woman drawing nft on a tablet with bitcoins on the desk

How to Make NFT Art in 5 Steps

Security is a major concern for cryptocurrency investors as cyber thefts are increasing. In 2022 alone, hackers have drained more than [$3 billion](https://cointelegraph.com/news/scary-stats-3b-stolen-in-2022-as-of-hacktober-doubling-2021) worth of cryptocurrencies from investor accounts. Thus, the demand for the best crypto wallet among investors in th UK and beyond is also growing.

But choosing the right one for your needs can be a challenging task. You not only have to look at its security, but several other features as well. The choice between [hot and cold storage](/news/article/best-crypto-wallet), which currencies it supports, and the authorities' approval are crucial.

We have reviewed and listed seven top names if you are seeking the best crypto wallet in the UK. Let's get started!

## Top picks for best crypto wallet UK

What might be the best crypto wallet UK option? Explore our top picks to find out.

## 1.   Coinbase wallet
Coinbase is one of the most reputable names among [crypto exchanges](/news/article/best-exchanges-for-crypto-uk). It allows storage for the safekeeping of your digital assets, too. Unlike many exchanges which store your assets on their servers, it gives you self-custody through its wallet.

The [Coinbase UK wallet](https://www.coinbase.com/wallet) supports more than 4,000 tokens. It is also compatible with numerous fiat currencies, including GBP, EURO, USD, and others. It is the top choice of investors worldwide, making it ideal for UK investors. 

The option of non-custodial storage and stashing cryptocurrency offline makes it one of the most secure software wallets. Furthermore, it gives you access to various DEXs and decentralised apps, which means you can easily make transactions using one platform. The platform also offers an easy-to-navigate interface, which is a good option for beginners. 

### Pros

•	Coinbase exchange integration option.

•	More than 4,000 tokens.

•	Choice of custodial and non-custodial storage.

•	User-friendly interface.

•	Global popularity.

### Cons

•	High trading fee.

## 2.           eToro wallet
[eToro wallet](https://www.etoro.com/crypto/wallet/) is another UK exchange storage option that covers almost all investors' needs. It deals in digital assets and offers stocks, exchange-traded funds, Forex, and commodities. Furthermore, the platform allows you to make better trades through its copy trading services.

You can get a non-custodial wallet with [eToro](/news/article/etoro-uk-review), which gives you more control over your assets and private keys. Additionally, the platform is authorised by the Financial Conduct Authority ([FCA](https://www.fca.org.uk/)), which ensures that the company takes responsibility for your asset’s security. 

It can also be an ideal solution when considering the finest [Bitcoin wallet](/news/article/top-rated-bitcoin-wallets-uk) in the UK. It provides a secure channel for purchasing, selling, and storing your [BTCs](/coins/btc). Its interactive UI offers a straightforward procedure for signing up and making trades.

### Pros

•	FCA-approved platform.

•	Copy trading feature.

•	Both custodial and non-custodial storage.

•	Ideal for securing BTCs.

•	Interactive UI.

### Cons

•	Lacks advanced features.

## 3.           MetaMask
[MetaMask](https://metamask.io/) is one of the most highly regarded crypto wallet extensions available in the market. It has been operating in the industry since 2016 and has become a go-to storage option globally. Most of the DeFi platforms and DApps are compatible with the Metamask extension. As a best crypto wallet UK option, it can be an efficient choice for you, whether you’re an investor, an NFT collector, or a gamer.

Additionally, the Web3 wallet is relatively easy to set up as it does not demand too many personal details. Though it is known for its browser extension, there is also a mobile-friendly option. iOS and Android users can easily manage their assets on phones with this storage option.

It also supports all Ethereum-based tokens, including ERC-20 and ERC-721.

Moreover, you can manually import tokens from other networks on Metamask wallet and [withdraw funds](/news/article/how-to-withdraw-from-metamask) to your bank account. It also offers the Swap feature, which allows you to exchange your tokens within the platform.
 
### Pros

•	Supported by various DeFi platforms.

•	Crypto wallet browser extension.

•	No personal details required.

•	Swapping feature.

### Cons

•	No technical support.

•	Requires import of several tokens, including BTC.

## 4.           Trezor Model T
Why consider a [Trezor Wallet](/news/article/why-consider-a-trezor-wallet)? When looking for the premier crypto hardware storage and best crypto wallet UK option, [Model T from Trezor](https://trezor.io/trezor-model-t) can also be a viable option. The device can store more than 1,800 cryptocurrencies. It also provides self-custody of your private keys while maintaining a high level of security. 

It protects your crypto through security features like U2F authentication, GPG encryption, and FIDO2 authentication. If you lose the device, you can recover it through mnemonics. For further protection, it activates a timer if you try incorrect PINs several times.

Because of this security, it is ideal for storing long-term investments. However, it may cause quite an inconvenience for daily trading. Besides, it is a big-budget option, so it’s advisable to invest in it if your need is long-term. 

### Pros

•	Features a touchscreen.

•	Commendable security features.

•	Easy recovery through mnemonics.

•	Ideal for long-term investment.

### Cons

•	Expensive device.

•	Inconvenient for day-to-day trading.

## 5.           Exodus crypto wallet
[Exodus wallet](https://www.exodus.com/) can be another option when considering the [best Ethereum wallet](/news/article/best-ethereum-wallet) in the UK for beginners. It supports 260 crypto tokens and can be used on desktops and smartphones. You can easily integrate the wallet as Exodus also has an exchange. Therefore, it is an all-in-one platform where you can trade cryptocurrencies, making it ideal for crypto newbies.

Another thing that makes it a beginner-friendly crypto wallet is its user experience. Exodus simplifies asset and portfolio management by offering features like portfolio overviews, real-time updates, and live charts. Plus, you can stake your coins on Exodus and generate a passive income through it. 

It has Trezor’s security and is compatible with all of Trezor's hardware. However, there are a few negative things about Exodus. Firstly, it does not offer 2FA, so you will not be notified if someone signs in to your wallet. Secondly, its features might seem to limit advanced traders.

### Pros

•	Over 260 cryptocurrencies.

•	Known for its customer support.

•	Compatibility with Tezor devices.

•	Easy portfolio management.

### Cons

•	2-factor authentication isn't available.

•	Lacks advanced features.

## 6.           Atomic wallet
[Atomic wallet](/news/article/atomic-wallet) can be a best crypto wallet UK option if you are interested in the leading mobile and desktop storage. It is compatible with more than 50 blockchain networks and supports upward of 300 cryptocurrencies. 

Currently, you can get [Atomic](https://atomicwallet.io/) on Windows, macOS, Fedora, Google Play, Apple store, Ubuntu, and Debian. 

You can use this storage option for securing your crypto as well as trading, swapping, and staking features. It also brings convenience and efficiency with all these features. It is beginner-friendly crypto storage - starting out as a trader, you may find Atomic a complete option.

One of the best features of Atomic is anonymity. It does not follow the know-your-customer (KYC) protocol. So, you don’t have to provide personal information for verification or trades. You can remain anonymous while making trades. 

Against all these features, there are a couple of tradeoffs. One is that it does not support non-fungible tokens other than the [Solana blockchain](/news/article/solana-to-gbp-conversion). Second is its high exchange fee. 

### Pros

•	Integrated decentralised exchange.

•	Over 300 cryptocurrencies.

•	User-friendly interface.

•	Rewards for staking tokens.

•	Keeps you anonymous.

•	Easy sign-up.

### Cons

•	Only supports Solana NFTs.

•	High exchange fee.

## 7.           Ledger Nano X
[Cold wallets](/news/article/best-cold-crypto-wallet-uk) are the safest option for securing crypto as they can remotely store assets. In this category, Ledger Nano is among the most famous names. It introduces an array of USB storage that allows offline crypto storage. 

[Ledger Nano X](https://shop.ledger.com/products/ledger-nano-x) is ideal for most investors as it supports more than 5,000 coins and allows NFT management. Additionally, it has an incorporated exchange through which you can securely buy crypto with a wallet. Investors can efficiently operate this device via any 64-bit PC, iOS, or Android.

Its Ledger Live app has many other offerings like payment options and DApps. In addition, you can transfer your assets from different exchanges to Nano X. This makes asset management and trading more convenient while ensuring their safety. 

### Pros

•	Most secure hardware wallet.

•	More than 5000 cryptocurrencies.

•	Desktop and mobile compatibility.

•	Ledger Live App.

### Cons

•	Highly expensive.

## How to move crypto to Ledger Nano X?

If you are confused about transferring crypto to your device, here’s an easy way to move [Ethereum](/news/article/ethereum-price-gbp).

1.	Firstly, set up your cold wallet through the Ledger Live App. You can follow this [step-by-step guide](https://support.ledger.com/hc/en-us/articles/360018784134-Set-up-your-Ledger-Nano-X?docs=true) for setting up a new device.

2.	Then go to the ‘Manager’ tab of the Live app and install the application of crypto you want. In this case, you would have to install an Ethereum app.

![wallet1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/wallet1_7bb1b0616b.png)
 
3.	After the installation, a dialogue box will appear with the ‘Manage my accounts’ option. Click on it while simultaneously pressing both buttons on your Nano X.

![wallet2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/wallet2_f4e16a7ace.png)
 
4.	It will open the app on your device and synchronise accounts with the Ledger Live App.

5.	Once the synchronisation is completed, you can go ahead with ‘Done’ and go back to the dashboard.

6.	Then create a unique address for receiving crypto. You can click the ‘Receive’ tab from the dashboard. 

7.	It will show your unique address on the screen. Note it down so you can verify the address on your USB wallet.

8.	Now, verify the address on your device by scrolling right. If it is the same, then click on ‘Approve.’

9.	Then go to your preferred exchange site’s withdrawal page. Here set the amount of Ethereum you want to transfer and paste your unique address. 
 
10.	Finally, verify all the information and migrate the cryptocurrency to your Ledger Nano X.  
 
## How to choose the right crypto wallet?

1.	One of the features of gauging crypto storage is the ease of use. You should prefer its user interface, sign-up procedure, and compatibility with various devices.  

2.	Hot or cold storage? This is determined by your preference for security or convenience. Hot ones are software storages that are best for managing daily trades, but have security risks. Comparatively, cold ones are hardware storages that provide better security, but limit trading. That's why it's better to have both.

3.	Another criterion is the self-custody of assets. Custodial exchange wallets primarily store your assets and private keys on their servers, which affects security. Therefore, non-custodial ones are widely preferred.

4.	You should also look at the number of supported fiat currencies and [multiple cryptocurrencies](/news/article/crypto-wallet-multiple-currencies).

5.	Lastly, its security features and authorisation are key elements.

## Best crypto wallet UK wrap up

If you want to be a seasoned investor, it is advisable to have a reliable cryptocurrency wallet. Here we critically reviewed and listed seven ideal choices for the best crypto wallet UK options. It features software and hardware storage, so you can easily pick one for your requirements. Once you go through this article, you'll get an idea about how you can choose the right storage.


blue image of crypto wallet on phone with bitcoin logo

Best Crypto Wallet in the UK: 7 Top Picks

Bitcoin Cash is an electronic cash system that aims to become a reliable worldwide currency with rapid transactions, low costs, anonymity, and colossal processing capability. But where in the UK can you buy it?

[Bitcoin Cash](https://bitcoincash.org/) payments are delivered directly from one person to another in the same manner that real money is handed to the person being paid.

This coin is a fork of Bitcoin. The original and forked versions of Bitcoin were identical until the split occurred. From then on, the two networks operate separately.

## Buy Bitcoin Cash UK: Which major exchanges support BCH?

1.	Binance - In daily trading volume terms, the most significant exchange in the world
The [Binance account](https://www.binance.com/en-IN/how-to-buy/bitcoin-cash) serves as a conduit for purchasing cryptocurrency. However, before you can buy BCH, you must first register an account and authenticate your identity.

Then, it's time to select how you wish to purchase the BCH asset.

(a) Credit and debit cards
A simple way for beginners to buy Bitcoin Cash (BCH). Binance accepts Visa and MasterCard.

(b) Bank deposit
From your bank account, you can transfer fiat currency to [Binance](/news/article/guide-to-binance-uk). That can then be used to buy BCH. Consider purchasing a stablecoin like USDT or BUSD first and then using that coin to purchase BCH.

(c) P2P Trading
Use Binance's peer-to-peer service to purchase Bitcoin Cash (BCH) directly from other users.

(d) Payment via third party
There are several third-party payment mechanisms available. Some include Zen, Inswitch, Truelayer, Simplex, GEO Pay, Bifinity, ADVcash, and Bank Transfer (BBK).

2.	Uphold - A global, multi-asset digital trading platform
When you are ready to buy Bitcoin Cash UK-style, Uphold is a well-known United Kingdom exchange that offers more than 80 cryptocurrencies. Uphold takes compliance seriously and is registered with the Financial Conduct Authority (FCA) under the FCA's Temporary Registration Regime for crypto assets businesses.

Uphold offers a straightforward desktop trading platform and an innovative mobile trading application. The trading interface is adjustable with the assets you trade the most while having an effortless, contemporary appearance on both desktop and mobile. It is a popular and acceptable option, especially for beginner traders.

3.	Guarda - A multi-platform, non-custodial exchange
Guarda Wallet is a secure place to save your BCH. Guarda makes it simple to buy BCH and send it to anybody and anywhere with their address. It is the ultimate crypto management solution which now supports 50 blockchains and more than 10,000 coins.

At the same time, you can instantly receive Bitcoin Cash from anybody using a web browser, mobile phone, or desktop programme. It is a secure and straightforward method to obtain BCH immediately in your wallet with a debit/credit card or a SEPA transfer.

4.	Kraken - A global marketplace for digital assets
The simplest way to get BCH is through a digital asset exchange [like Kraken](/news/article/kraken-review).

## Buy Bitcoin Cash safely and simply by following these steps:

(a) Register for an account
Start choosing a username and password, enter your email address, and you're ready.

(b) Obtain verification
You can buy BCH and other cryptocurrencies using "Starter" authentication. Just provide your name, birth date, nationality, and phone number.

(c) Deposit cryptocurrency or cash into your account
To deposit cryptocurrency to Kraken, you must create a new address to receive funds from your crypto wallet. SWIFT, SEPA, and domestic wire transfers can be used to fund your trading account.

(d) Invest in BCH
You're ready to buy BCH after your account has been loaded with funds.

5.	eToro - Overall best Bitcoin Cash UK buying platform
The FCA has approved and regulated eToro. As a result, you can easily buy your favorite coins in the United Kingdom in a safe, secure, and regulated environment with [eToro](/news/article/etoro-fees).

To open an account with eToro, furnish the exchange with your personal information and pay a minimum deposit of $10 (about 8.18 Pound sterling). You may fund your account instantly with a UK debit/credit card or an e-wallet like Skrill or Paypal. The eToro platform also supports bank transfers from the United Kingdom.

6.	Coinbase: By trading volume, the largest crypto exchange in the US
Coinbase is the best place to buy this coin from the UK if you are a beginner. Coinbase can be accessed online or through the Android/iOS mobile app, providing a seamless user experience.

Once you register an account with Coinbase, you can buy Bitcoin Cash promptly using your UK debit or credit card. This is the simplest but most costly method, with Coinbase charging an all-in commission of 3.99%. To avoid expenses, try depositing funds using a free UK bank transfer.

## Buy Bitcoin Cash UK: Final thoughts

Maintain the security of your funds and transactions at all times. Always trade on reliable exchanges, read user ratings and comments, and double-check the addresses to which you're sending your coins.


Buy Bitcoin Cash UK: Where to Go

How does crypto trading work? Before we get on to the mechanics, let's ensure we understand what cryptocurrency is.

Cryptocurrency, or crypto, is any digital or virtual currency that uses cryptography to secure transactions. These are free of central issuing or regulating authority and rely on a decentralised system to record transactions.

Cryptocurrencies are slowly but steadily taking over the world, and the market has grown enormously in recent years. Since the launch and introduction of Bitcoin, its rapid growth, and its value surpassing that of gold, ensured a surge in consumer interest.

Cryptocurrency payments exist solely as digital records to an online database describing specific transactions rather than as physical money carried around and exchanged in the real world. 

Crypto makes use of encryption to verify transactions. Encryption aims to ensure security and safety. Transactions involving cryptocurrency funds are stored in a public ledger. Advanced coding is required to store and transmit cryptocurrency data between wallets and public ledgers.

## How does crypto trading work?

The act of speculating on digital coins' price and value fluctuations is known as crypto trading. One crypto trading method uses a digital wallet to buy and sell cryptocurrencies on an exchange, where current market rates determine their value. Similarly to the stock market, you can profit if you buy a cryptocurrency and sell it for a higher price than you paid.

Another popular method of crypto trading is CFDs (contracts for difference). It is a much more sophisticated trading strategy employed mainly by experienced investors. You do not own the underlying asset if you trade cryptos as CFDs. 

Instead, a contract is formed between the buyer and seller where they agree to exchange the difference in value between the contract's opening and closing dates.

## How to trade cryptocurrency?

As we continue to answer the question 'how does crypto trading work', let's take a look at the six steps to crypto trading.

### Step 1: Open an account with a crypto brokerage.

Leading crypto brokerages on the market include [eToro](/news/article/etoro-fees), Uphold, and [WeBull](https://www.webull.com/). All three options provide a simple user interface and a wide range of alternative coins.

To open an account, you must provide your crypto brokerage with personal identification information, just as you would with a stock brokerage. When creating an account, you must provide details such as your address, social security number, email address, and date of birth.

### Step 2: Add money to your account.

After registering with a cryptocurrency brokerage, you'll need to attach your bank account. Most crypto brokerages accept bank funding via debit cards and wire transfers. ACH deposit (linked bank account transfer) is usually the cheapest way to fund your account because it is free on most platforms.

### Step 3: Select a crypto coin in which to invest.

Most active cryptocurrency traders put a handsome amount of money into Bitcoin and Ethereum because these cryptos are more predictable than smaller altcoins.

Many crypto traders invest a portion of their funds in smaller altcoins. Although small and mid-cap cryptos are riskier than large-cap cryptos, they have more significant upside potential. Many small altcoins have increased by more than 1,000% in months, making them appealing investments for risk-averse investors.

### Step 4: Pick a plan of action.

Many different trading indicators are available, and most traders consider several other factors when buying and selling cryptocurrencies. If you're new to investing, consider investing in a cryptocurrency trading course.

If you're an experienced trader, you can use a stock trading strategy. The same stock trading techniques are frequently applied to cryptocurrencies. Elliott Wave Theory is a popular trading method that many traders employ. Elliott Wave Theory is especially effective for speculative assets like cryptocurrencies because it focuses on the psychology underlying market sentiment.

### Step 5: Consider automated crypto trading.

You may consider automated crypto trading when looking for a crypto trading strategy. Trading bots implement a strategy designed to produce the best results possible, given your investment objectives. You can make money quickly, hold coins, or diversify your portfolio because automated trading provides a conservative, neutral, or aggressive method.

Consider trading cryptocurrency actively on some platforms while using automated trading on others.

### Step 6: Store your cryptocurrency

You must store your money on the exchange to have access to it if you're actively trading cryptocurrencies. Get a [cryptocurrency wallet](/news/article/best-crypto-wallet) if you plan to hold your cryptocurrency for the medium to long term.

Digital wallets and hardware wallets are both options for cryptocurrency wallets. Both are safe, but because hardware wallets store your cryptocurrency on a physical, offline device, they provide the highest level of security.

Many investors rely on the Ledger Nano S hardware wallet to store their crypto assets. It has an OLED display for clear viewing and two buttons for confirming or rejecting transactions. This highly secure hardware can support more than 1,100 crypto coins and other digital assets.

[MetaMask](/news/article/what-is-metamask) Wallet is a widely regarded software wallet available to cryptocurrency traders. Because it is an open-source wallet, there is no signup fee for creating your wallet. MetaMask best suits the Ethereum [blockchain](/news/article/what-is-blockchain) and can handle ERC-20 and Ethereum tokens. It is also a beginner-friendly wallet because managing coins is simple with this wallet. Furthermore, if you use a Ledger hardware wallet, you can easily integrate MetaMask with them.

## How do you choose which cryptocurrency to trade?

Although there isn't a single best cryptocurrency, there might be one that is best for a particular use case. For instance, Bitcoin is seen as the best crypto to use as a store of value assets due to its high adoption and limited 21 million coin supply.

Most cryptocurrencies with small market caps either have dubious use cases or have fallen short of their promises. Cryptocurrencies with smaller market caps tend to be riskier than those with larger ones, like Bitcoin and Ethereum.

Investing in cryptocurrencies with a strong team behind them is critical. It is best to read the whitepaper of a cryptocurrency to learn more about it. This will explain how the cryptocurrency works and what it is intended for.

Metaverse cryptocurrencies have been a popular asset class since the beginning of 2022. Tokens such as MANA and SAND are in-game currencies for the blockchain-based metaverses [Decentraland](/news/article/mana-to-gbp) and [The Sandbox](/news/article/mana-to-gbp).

Furthermore, conducting your research before investing in any crypto is always advised. The cryptocurrency market is highly volatile and can offer you rapid growth or sudden fall, for example, the Terra Luna collapse.

## What are the risks involved with crypto trading?

Before investing in cryptocurrency, you should be aware of its volatile nature, potential market and technology risks, and cybersecurity threats. The following sections will cover the potential risks of crypto trading.

1.      High volatility
One of the factors moving the crypto market is volatility. If you're unfamiliar with the term volatility, it refers to rapid shifts in market states that can result in significant and volatile price movements.

Volatility isn't just a concern for the cryptocurrency market. There are several reasons for the asset class's high volatility, including its nascent schematics compared to other investment forms. They can be seen in other financial spaces, but the intensity and spread are more significant in cryptocurrency.

2.      Market risks
Crypto assets are vulnerable to market volatility. There are two kinds of risks in cryptocurrency trading: systematic and unsystematic. Because crypto is inherently risky, the systematic risk exists in all cryptocurrencies. Unsystematic risk is specific to a single crypto asset.

3.      Technology risks
The blockchain technology that underpins cryptocurrency is built with numerous security measures, such as decentralisation, cryptography, and consensus mechanisms, to ensure that transactions are legitimate. However, no blockchain is invulnerable to all threats.

Backing up and storing your crypto wallet regularly helps protect you against computer failure, device theft, and mistakes, such as unintentionally uninstalling your digital crypto wallet. However, it is more difficult to protect against threats such as software bugs, data errors, and attacks (in which a group of crypto miners seizes control of more than half of a network's computing power).

4.      Cybersecurity threats
While cryptocurrency may herald the dawn of a new era, it also has a less-publicised counterpart: cybercrime. Since cryptocurrencies are fully decentralised, the crypto holders' cyber hygiene and safeguards are the number #1 priority.

"Unusual disappearances" and ransomware attacks are both complex and fast-moving threats, and newcomers to the ecosystem are frequent targets. As a result, before entering the crypto world, it is critical to be aware of these risks.
How to manage the risks involved with crypto trading?

1.      Conduct Your Research
Remember the first investment rule: 'Conduct in-depth research and invest what you can afford to lose'. This rule applies to all investments, not just cryptocurrencies. Investing without conducting research or jumping into the investment pool without consulting with an investment professional is not advised.

2.      Understand the Reward/Risk Ratio
Invest what you are willing to lose. The reward-to-risk ratio shows how much you stand to make for each unit of currency risk. A 1:1.5 ratio is thought to be reasonable.

3.      Diversify your holdings.
Investing in a variety of cryptocurrencies may aid in risk reduction. The investment is spread across several coins in a well-diversified portfolio, reducing the impact of volatility.

## Bottom line

If you've ever wondered 'how does crypto trading work', hopefully this article has given you some answers.

Cryptocurrency trading is rapidly growing. It involves both rewards and risks. It is always advised to conduct in-depth research before entering the crypto space and only invest the funds you are ready to lose.


blue image of two men trading cryptocurrency

How Does Crypto Trading Work?

Coinstar is about making buying crypto easier - the company based in the US operates coin-cashing machines. The idea is simple: all you have to do is pour your coins into the machine and it does the rest of the work for you.

After you put the coins in the machine, you have three options:

•	You can get cash which typically has a convenience fee.

•	You can get a no-fee eGift card.

•	You can donate to a charity of your liking.

## Buying crypto with Coinstar made easy

The coin-machine giant is partnering with Coinme to make exchanging [cash for crypto](https://coinme.com/coinstar/) more straightforward. Since crypto has gained popularity in recent times and is only available to purchase online, many people feel left out. 

Coinstar anbd Coinme are doing a phenomenal job at giving people the option to exchange their cash for crypto in three easy steps.

•	First, you need to create a Coinme account and claim your [crypto wallet](/news/article/crypto-wallet-multiple-currencies), which is free.

•	Second, find a Coinstar kiosk near you and buy a crypto voucher for cash at the coin-cashing machine.

•	Finally, redeem your voucher instantly and claim your crypto with Coinme.

## Crypto offered

Of course, since [blockchain technology](/news/article/what-is-blockchain) and crypto have taken the world by storm, you will have a lot of options when you exchange your cash for a crypto voucher. At this time, Coinme offers:

•	Bitcoin

•	Dogecoin

•	Ethereum

•	Litecoin

•	USD Coin.

•	[Chainlink](/news/article/chainlink-staking-to-boost-oracle-security).

•	Polygon

•	Stellar

If you are someone who has thought about or wants to get into the crypto world, this could be your chance in a straightforward way. With this partnership, the two companies, Coinstar and Coinme, are making buying crypto easier and more accessible than ever. Find a kiosk near you today to exchange cash for crypto vouchers and get started.


Coinstar: Buy Crypto with Cash

Markets are unpredictable: they can shoot up and go down quickly. This constant change is referred to as bull and bear markets. To put it simply, markets that are experiencing steady and sustained growth are bull markets. Markets experiencing a noticeable decline are known as bear markets.

The bull and bear have become quite symbolic in the investing world as they make it easier to note which markets are up and down. A common misconception about the bull and bear market terms is that they are only used when referring to the stock market. Bull and bear are used to note the conditions of almost every market, such as real estate and cryptocurrency.

## What is a bull market?

The [market for cryptocurrency](/news/article/crypto-impact) is majorly influenced by the general population. A bull market is when the price trends are going upward. In other words, a bull market occurs when investment prices keep rising for a sustained period. The majority is investing and the demand is higher than the supply. Confidence is soaring.

When a market price is seen quickly rising, one can conclude that this indicates the investors are optimistic or "bullish". If the price continues to go up, it may be the start of a bull market. When investors are bullish about a market, that is, they are confident that the price trend will continue to go up, they are known as "bulls". This causes more investors to come in, and the prices continue to rise.

When it comes to [cryptocurrency](/news/article/crypto-invest-strategy), the market is heavily influenced by the public. Public confidence in a cryptocurrency or a market is seen as an asset. Some investors use a strategy to observe optimism known as "market sentiment".

The thing about a bull market is that no matter what, the prices don't continue to go up forever. At some point, investors start to lose confidence and the prices start to go down. Some dips and fluctuations don't automatically mean that the market is not bull anymore. In fact, it is normal to have fluctuations even during a bullish period.

What marks the bull market ending and the beginning of a bear one is when there is a sharp decline in the price. This is when investors are not confident in the market anymore and the prices continue to fall.

## What is a bear market?

Contrary to a bull market, a bear market occurs when investor confidence is slow, and supply outweighs demand causing the prices to go on a downward trend. Investors who are pessimistic about the price trend and believe that the prices will continue falling during this period are known as "bears". It can be challenging to invest during this time because no one can tell when the bear trend will end.

This is due to reasons including economic growth, unforeseen circumstances, investor psychology, and more. A market is only considered to be bear when prices fall more than 20% for a sustained period. Bear markets can last very long, even years. During this time, investors usually look to sell for cash and security. This creates a seller market which contributes to bear market trends.

## Bull and bear - where should you invest?

As discussed above, there are several differences between bull and bear markets. Therefore, the investment strategies for both are also wildly different from one another.

Having a higher allocation of stocks during the bull market period is considered to be better because there is a potential for high returns. One can also capitalize easily in the bull market period by buying the rising stocks or, in this case, cryptocurrency, early and then selling before they hit their peak. This allows investors to gain more capital at a faster pace.

Alternatively, investing in a bear market requires investors to have more of a longer-term [investment strategy](/news/article/crypto-invest-strategy). Like the bull market, the bear market also doesn't last forever. So, when one invests in a bear market, they can typically profit a lot and get high returns on their investments when the cycle goes back to normal. 

Moreover, investors should also be on the lookout for temporary or short spikes if they are looking to sell early.

As an investor, one can use different bull and bear investment strategies like [short selling](https://www.forbes.com/advisor/investing/short-selling/), where investors bet on where the asset price will start to fall. In the crypto world, many investors use the dollar-cost averaging strategy. This is where they continue to invest a certain amount of money every week or month, no matter the price trend.

In either case, bull and bear markets will continue to happen. How one invests during this period largely depends on the investor. If someone is looking for short-term profits, the bear market is the way to go and vice versa.


blue image of cryptocurrency with bull and bear in foreground

Bull and Bear Markets - What to Know

In these turbulent times in crypto, the term 'bear market' is echoing almost everywhere. If you are a [crypto newbie](/news/article/crypto-invest-strategy), it might be one of those tricky terms for you. Here's an easy explainer that will reveal what it is and how you can navigate through it. 

A crypto bear market is an intrinsic part of the cryptocurrency world. It denotes the market state where asset values are continually depreciating. Here, investor sentiments are pessimistic, and demand is lower than supply. More importantly, the minimum decline in the prices of digital assets has to be at least 20% for an overall bearish trend.  

## Bear vs bull market

To completely understand the cryptocurrency bear market, it’s crucial to see it in [contrast](/news/article/crypto-fear-and-greed-index) with the bull one. A bull cycle is the exact opposite of a bear cycle. Where bullish trends indicate high demand and lower supply, bearish show low demand and higher supply. 

Investors have confidence when the trends are bullish and movements are upwards. It triggers a favourable economic environment with a sustained increase in asset values. 

Another significant difference between the two is economic activity. In a bullish cycle, since the economy is strong, there is more trading and liquidity. Contrarily, the bearish cycle has lower trading activity and liquidity. There is also increased selling pressure among the investors, further decreasing prices.

However, the bearish cycle allows investors to buy assets at lower prices. So, you can make better profits when the crypto trends enter a bullish cycle.  

## Signs of a bearish market

Here are a few of the signs that indicate market bears.

1.	A prolonged period of declining prices of cryptocurrencies. There is at least a 20% dip in the values of the assets. 

2.	Increasing [FUD](/news/article/blockchain-energy-fud) (fear, uncertainty, and doubt) among investors, indicating negative sentiments and low confidence.

3.	High selling pressure.

4.	A lower trading volume.

5.	The lower price of cryptocurrencies in the futures market as compared to the current price.

6.	The 50-day moving average of an asset crosses its 200-day value, known as the death cross.  

## How to stay afloat in the crypto bear market?

Bearish trends can be troubling for novice traders as we start panic selling during this period. But, this mostly results in losses rather than gains. So, what should one do when the trends go bearish?

1.   Dollar-cost averaging (DCA)

In the bearish cycle, many people try to time the bottom. However, this exposes them to more risks as it is a gruelling task. When you go to [buy the dip](/news/article/what-crypto-to-buy-now), it is possible that the asset’s price may dip further than expected. Hence, DCA can be the least riskier strategy in this scenario. 

It allows you to invest small amounts in a coin at regular intervals. You can invest weekly, monthly, or at any set period. If you consistently follow this strategy, it will help you accumulate a high-conviction digital asset. So, when the bulls enter the market, you will be better positioned to make profits.

2.   Study the causes of the bearish trend

Secondly, studying the causes behind the bearish trend is essential. The traditional market also indirectly affects the behaviour of virtual currencies. For instance, you can start with the inflation rates. 

Currently, in the United Kingdom, [the inflation rate is 11.1%](https://www.bankofengland.co.uk/monetary-policy/inflation), against which the government’s target is 2%. It means there’s a tightening monetary policy, which is less favourable for economic activities. It is advisable to look for a drop in inflation rates. 

Other causes include oil prices or other world events that may affect the economy, like the [Russia-Ukraine](/news/article/ukraine-russia-crypto-wallet) war. 

3.   Investing in crypto ETF

Investing in crypto exchange-traded funds (ETFs) is safer than investing in one currency. ETFs give you exposure to multiple cryptocurrencies and their blockchain technologies. It works in a way somewhat similar to stocks and allows diversification of assets.

4.   Keep an eye on industry giants

To develop a long-term investment strategy, it is advisable to analyse the moves of industry giants. The money flow from large financial institutions like [BlackRock](https://www.blackrock.com/corporate/global-directory), [Goldman Sachs](https://www.goldmansachs.com/), or others may indicate the market state. Their investments in certain areas can signal where to invest for long-term gains.

## Bottom line

A sudden decline of double digits in the prices of digital assets can be scary for less experienced traders, if not everyone. However, if you know the signs of a crypto bear market and develop a long-term investment strategy, you can more likely survive the declining cycle. DCA, [investing in ETFs](/news/article/crypto-etf-uk), and closely monitoring the world events that affect the economy can help you.


red iamge of bears over bearish poor crypto stocks trending down

Crypto Bear Market: How to Survive

If you are new to cryptocurrency, then [Nomics](https://nomics.com/) may sound like a strange word from worlds unknown. But not anymore. Basically, Nomics is an online API-first platform that provides financial market data for cryptocurrency assets.

It provides real-time and historical cryptocurrency market data, including prices, trading volumes, [market caps](/news/article/what-is-market-cap-cryptocurrency), and more. At the same time, it offers comprehensive data coverage for more than 10,000 digital assets and access to clean, normalized, and standardized market data.

## When to use Nomics

The platform is best utilized when you wish to monitor and assess the performance of a variety of digital assets. That includes cryptocurrencies, stocks, and other tokens based on blockchain technology. When investing, it can inform you of the current status of the Bitcoin markets and assist you tremendously in making wise choices.

Who benefits most from using this platform? Well, investors, traders, and market analysts are the people who get the most from it. You could, too, because you will keep up with the most recent changes in the cryptocurrency market. You are also able to examine previous data, which will be paramount in making wise trading decisions.

## Why is it important to use Nomics? 

As you are already aware, using this API platform is important because it provides users with a comprehensive, accurate, and up-to-date worldwide view of the cryptocurrency market. Additionally, it also provides real-time financial data for more than 2,000 cryptocurrencies.

In summary, Nomics makes it simple for users to get the data they require to recognize trading or investment opportunities and helps them make informed financial decisions. 

Furthermore, it gives them access to the most recent information and analysis from the whole crypto industry.

For sure, with its rich features and data, the platform is an invaluable resource for anyone wanting a better understanding of the crypto markets.

So, what are you waiting for? Open a Nomics platform and see for yourself in real-time what is happening in the crypto world.


What is Nomics? All You Need to Know

Launched in July 2020, [Anyswap](https://anyswap.exchange/#/dashboard) is a fully distributed protocol that allows you to swap tokens from various platforms. This protocol entered the DeFi space and facilitated cross-token exchange and trading, obtaining strength from its ECDSA Signature Support.

It can efficiently manage the token flow between various blockchains. Most cryptocurrencies, including XRP, [Litecoin](/coins/ltc), and Tether, use Anyswap. It’s also backed by Fusion’s Decentralized Control Rights Management (DRCM) technology.

## What makes it unique?

The Fusion Network powering Anyswap uses private key sharding: splitting the private key into several pieces. Various network nodes manage these parts to ensure that your assets are safe. Also, they are never mixed during trading or exchange to boost asset security further. Here are some other features of the platform that make it unique:

•	Open-source smart contracts that enhance security using individual audits.

•	Can help verify if a platform is decentralized.

•	Allows users to exchange cryptocurrencies instantly.

Not only this, ANY token holders can determine which coins they want to list on the Anyswap DEX, its decentralized exchange.

## ANY coins in circulation

In terms of the maximum possible supply, ANY cannot exceed 100 million. Currently, there are more than 17 million ANY coins in circulation. Initially, this was 15 million, including 5 million as a part of the liquidity provision when the platform launched. The remaining 10 million coins were earmarked for the community, to improve its user base.

## ANY price live data

The live price today, December 9, 2022, is $4.32, with a 24-hour trading volume of $486,218. ANY price keeps changing in real time: it’s up by 5.9% in the last 24 hours. [You can track the changing rate of Anyswap here](https://www.coingecko.com/en/coins/anyswap). ANY has a circulating supply of 0 ANY coins and a total supply of 99.7 million. The all-time highest price for Anyswap is $33.66, as noted on January 14, 2022. Its lowest value was $0.116838 on January 22, 2021.

## ANY trading

It is based on the Ethereum blockchain and supports all ERC-20 tokens. You can buy ANY coins through exchange platforms like Hotbit, 1inch, and SushiSwap. Some other platforms where you can trade Anyswap are PancakeSwap (v2), Uniswap (v2), and SpookySwap. Here are some popular Anyswap trading pairs in the market:

•	ANY/USD.

•	ANY/CAD.

•	ANY/AUD.

•	ANY/GBP.

•	ANY/INR.

•	ANY/PHP.


blue image of anyswap logo and people trading on a laptop

What is Anyswap? 

Coinmama is one of the oldest crypto exchanges around, having launched in 2013. It was among the first to allow users to purchase popular crypto assets like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP) using a VISA or Mastercard credit/debit card.

While Coinmama claims to be the "world's friendliest crypto exchange", how easy to use is the platform? Is the cryptocurrency exchange safe? What is the registration process? What is the fee structure?

## Is Coinmama safe?

With all that has transpired with the [FTX ecosystem](/news/article/ftx-vs-binance-liquidate-funds) in 2022, crypto users expect the safety of funds when on an exchange more than anything. If you aren’t aware of what happened (gosh, you need to read the news!), [$1-2B of customer funds have gone missing](https://nypost.com/2022/11/12/ftx-clients-out-up-to-2-billion-after-crypto-collapse-reports/). It is alleged that ex-CEO Sam Bankman-Fried moved around $10B of customer funds into Alameda Research.

First things first, ALWAYS store your [assets in a hardware wallet](/news/article/cryptocurrency-hardware-wallet). If you can’t afford a hardware wallet, turn to a trusted desktop, mobile, or paper (highly-recommended) wallet. While funds stored/kept on an exchange are yours, they are technically in the custody of the exchange and subject to potential risk and attacks.

Now, getting back to Coinmama - the platform has your back. The primary parent company behind the exchange, New Bit Ventures Ltd. (the other being Cmama Ltd.), is registered with the US Department of Treasury Financial Crimes Enforcement Network. This essentially means that the US Department of the Treasury can ensure Coinmama customers do not use the platform for financial wrongdoings such as money laundering.

Additionally, the exchange uses military-grade data encryption technology and does not store your credit/debit card details on the platform. To substantiate my claim, the platform suffered an attempted hack on 15 February, 2019. While the hackers accessed some email addresses and passwords, they couldn't latch onto and misuse user funds. The exchange simply instructed users to change their passwords - end of the story.

The cryptocurrency exchange does not store user funds on the platform either. All purchased funds are sent to a user-provided crypto wallet immediately. Last but not least, account verification adds an added layer of security. We will explore this in the next section.

These factors contribute to Coinmama being one of the safest and most trusted cryptocurrency exchanges in the business.

## Coinmama registration process

The registration process at [the cryptocurrency exchange](/news/article/huobi-exchange-who-owns-it) is fairly simple.

![coinmama 1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama_1_0b0b1be485.png)
  
As illustrated above, to register at the cryptocurrency exchange, enter your email address, create a password, select your country and state of residence, and click on the Create Account button. Of course, if you want the latest information regarding discounts, promotions, and updates, tick the applicable box.

You'll be redirected to another page that asks for your personal details.

![coinmama2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama2_16451e1f4b.png)
  
Enter your full name, select your date of birth, and identify your gender (they should include more options, shouldn’t they? All in for #inclusivity). Click on the Next button when done.

![coinmama3.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama3_5086da684b.png)
 
Now, you must select your country and state of residence (once again), enter your residential address, including your city and zip code, and input your phone number. You can then click on the Next button.

![coinmama 4.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama_4_647e2695e3.png)
  
We now come to the final and arguably most important step - identity verification. Coinmama requires you to verify your identity via a government-issued ID, click on a link they send you to confirm your email address, and verify your physical identity via a photo check (you will require a mobile phone with a working camera for this step). To begin the final stage of the verification process, click on the Let's Go button.

![coinmama 5.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama_5_a2da5f23ae.png)
  
To further help you in this process, the above image is what the email verification procedure will look like. Click on the Confirm Your Email button to, well, confirm your email address.

Once identity is confirmed, you can take advantage of the features on offer at the cryptocurrency exchange. You should remember that the entire verification process may take up to six hours.

## Coinmama features: cryptocurrencies, payment methods, loyalty program, and fees

At the time of writing, the crypto trading platform allows you to purchase 16 cryptocurrencies. These include BTC, ETH, LTC, XRP, Ethereum Classic (ETC), Bitcoin Cash (BCH), Dogecoin (DOGE), Aave (AAVE), Chainlink (LINK), and Compound (COMP).
 You can instantly purchase these cryptocurrencies with a VISA/Mastercard credit or debit card or via a bank transfer. Apple Pay, Google Pay, Skrill, and SEPA payments are available for the same. You can start with just $50. 

![coinmama 6.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama_6_6f7630fac7.png)

Additionally, [the trading platform](/news/article/tradingview-uk-101) allows you to sell BTC and receive money directly into your bank account. Simply enter the amount of BTC you want to sell, receive a quote for the same (with the current market price), fill in your bank details, and you will receive money in your bank account quickly and easily. There are no hidden fees for the same (we will explore the fee structure shortly).

Currently, Coinmama allows users to transact up to $15,000 in buy and sell transactions in a single day, with 24/7 access to their account and dedicated customer support.

### Fees

Fees are on the higher side. Here is the fee structure at Coinmama:

•	A commission fee of up to 3.81% on purchasing cryptocurrencies.

•	An additional 5% express fee if you use a credit/debit card. A bank transfer does not incur this fee.

•	Cryptocurrency trading incurs a 2% fee, along with an indexed market rate.

•	If you choose to sell BTC, you will incur a straight fee of 0.9% of your selling amount.

•	The withdrawal fee for selling other cryptocurrencies depends on your Coinmama Loyalty Level. Curious members are charged 1.9%, Enthusiast members must pay 1.4%, and Believer members incur a fee of 0.9%.

The high fee structure at Coinmama means that you should be extra cautious while purchasing, trading, and withdrawing cryptocurrencies. Do your own research, strictly follow market trends, learn all you can about crypto fundamentals, and only engage in a particular trading activity if you are sure of it. Otherwise, you may waste a significant chunk of your investment/investments on fees alone.

## Conclusion: is Coinmama a good crypto exchange?

Coinmama is safe and compliant and offers a few interesting features. That said, compared to [market leaders such as Binance](/news/article/bnb-chain-security-system) and Coinbase, the number of cryptocurrencies on offer and features are on the lower side. Additionally, the fee structure is very high. On a concluding note, I feel Coinmama is a good platform for those who are new to the industry, owing to its safety and ease of use.

#### Rating: 8/10


green crypto altcoins on black background with coinmama logo overlayed

Coinmama: A Good Crypto Exchange?

Unless you've been living in space, there's every chance you've heard about the millions of dollars made from minting NFTs. Whether you're a newbie intrigued by the whole idea or an expert seeking to showcase your artistic prowess, minting NFTs is your chance to digitally immortalize your souvenir on the blockchain or make a fortune. We're about to show you an easy, breezy process for creating NFTs.

## Introduction to minting NFTs

Non-fungible tokens (NFTs) are cryptographic assets on a blockchain having unique metadata and identification codes that differentiate them from each other. Owners have total control over their tokens and can transfer to others or sell them on an NFT marketplace.

Even if you have zero knowledge of NFTs and blockchain technology, here is a hassle-free way to mint NFTs.   

## Step 1: Select an NFT marketplace

Begin by researching the [different marketplaces](/news/article/solana-nft-marketplace) available online to find the appropriate one for your NFT. Among the leading marketplaces are [OpenSea](https://opensea.io/) (Ethereum blockchain), AtomicHub (Wax blockchain), and [Rarible](/news/article/rarible-nft-marketplace) (Flow blockchain). OpenSea is popular among novices and charges a one-time fee for initializing your account the first time you list your NFT. However, note that only select marketplaces use other blockchains, meaning the exercise should be simple.  

## Step 2: Set up a crypto wallet 

A [crypto wallet](/news/article/crypto-wallet-multiple-currencies) is the equivalent of a bank account where you store digital assets like NFTs that you mint or buy. Apart from holding your private keys (password), a crypto wallet safeguards your crypto assets and makes them accessible – crypto wallets can be either physical or digital. Ensure that your chosen wallet is compatible with your selected NFT marketplace's blockchain. Popular examples are Coinbase and Metamask.    

## Step 3: Connect your crypto wallet to a marketplace

Once you've set up your crypto wallet, it's time to connect it to the desired NFT marketplace. If you choose to sell your assets on [OpenSea](/news/article/haas-f1-opensea-collaboration), visit the website and click "create". You'll be directed to a tab showing a list of all the wallets compatible with the marketplace. Select the digital wallet you intend to connect with your OpenSea account – your wallet is now plugged in and ready for NFT trading. 

## Step 4: Create your NFT 

We're now at the heart of the matter – minting your NFT. If you get it right and luck is on your side, you could, just like other NFT traders, change your life overnight!   

From your browser, search for the OpenSea website, go to "My Collections" in the top right-hand corner of your profile and click on "Create a Collection." Follow these steps to create your first NFT:  

Enter the required details to be able to upload the item you wish to sell as an NFT. Choose the file format and name, and add external links to your social media outlet and an appropriate description.   

Select the blockchain you desire to mint your NFT (Ethereum in the case of OpenSea). Carefully verify that all the information you entered is correct (there's no going back after this step), and click on "Create".

Congratulations! You just created your NFT, and it's ready for trading. 

## Step 5: Decide on a pricing strategy

The three main ways of setting prices for NFTs are:

•	Fixing the price – fix a price and place it next to the item.

•	Timed auction – put your NFT up for auction for a predetermined period.

•	Bidding – allow interested buyers to bid to buy it.

## Step 6: Minting NFTs 

Minting NFTs is converting your idea into a digital asset (NFT), associating it with a price tag, and selling it. 

## Step 7: List your NFT 

Once you decide on a price strategy for your NFT, click the "Complete Listing" button to finish the process. If you did everything right, you'd see an announcement that your NFT is listed for sale.


pink image of person making and minting digital nfts

Guide to Minting NFTs on OpenSea

Recent events in the cryptocurrency market demand that traders get acquainted with new altcoin trading tips if they want to see changes in their trading outcomes.

The last few weeks have provided plenty of drama in the cryptocurrency market. This has added further stress to traders who have seen positions dwindle since the market crash that started in November 2021. We have not seen many upsides lately, so traders have been limited to clutching at straws, especially after the collapse of the second-largest crypto exchange.

## What is altcoin trading?

There is a distinction between altcoin trading and altcoin investing. Those who invest in altcoins typically hold them for an extended period to ride out any storms and end up with gains at the end of the day. For instance, some altcoin investors bought into the initial coin offerings (ICOs) of 2017 and rode out the market downturn of 2017-2020, ending up with gains. This article is not tailored toward such market participants.

Altcoin trading involves buying and selling various altcoins to profit from short-term and medium-term price movements. Such traders would usually spot trade on various exchanges or prefer the riskier crypto perpetual market, where it is possible to trade on a bi-directional basis (i.e. going long and short). Altcoin traders are very actively setting up positions all the time, so they need to have their crypto coins on the exchanges all the time. As the FTX saga has proven, this introduces a new level of risk to the trader. The [altcoin trading tips](https://icoholder.com/blog/trading-altcoins/) covered here are for this category of market participants.

## Altcoin trading tips in a bearish market

How do you trade altcoins when the market is bearish as it is right now? Anyone can buy and profit when the market is bullish. But being able to profit in a bearish market is what separates kids from adults in the market. It is possible, whether you believe it or not, to work around a bearish market and trade profitably.

Since the crypto market is currently bearish, how do you go about trading altcoins in a market where prices are more likely to fall than rise? Successful trading of altcoins in any market condition requires understanding some basic principles of price action. There are other things the trader must also be familiar with. These are all mentioned in the altcoin trading tips listed below.

## Altcoin Trading Tip 1: Understand what a trend is

The concept of the trend was introduced to the trading world in a series of writings by Charles Dow, co-founder of the Wall Street Journal and creator of the Dow Jones Industrial Average. This concept forms part of what is now universally known as the Dow Theory. Charles Dow indicated that price action did not move in a straight line but, like an ocean wave, moved around in zig-zags within the context of the general tide of the ocean. 

He likened the price action in the financial markets to the movements that constitute an ocean tide. Mr. Dow indicated that a tide consists of waves, and waves are a collection of ripples. In other words, price action has smaller components. He also opined that the tides were the major trends, the waves were the secondary trend, and the ripples were the minor trends. The major trend was seen on long-term charts, while the secondary trend was the medium-term price action. Price moves on smaller time frames were said to be a minor trend.

Charles Dow also said there were three possible price directions: upward, sideways, and downward. These correspond to the uptrend, range-bound (consolidation) phase, and downtrend. The postulates of Charles Dow have formed the basis for price action analysis, and these still hold in all financial markets, including the crypto market. 

Understanding the roles of the ripples and waves in the formation of the tides will help you navigate the price moves in any market condition, including the present bearish market. So even in a bearish market, there will be periods of brief recovery, consolidation, and an extension of the downtrend. The same occurs when the trend reverses.

## Altcoin Trading Tip 2: Understand how to manage risk

Bitcoin and several altcoins have been known to produce wild price movements. When altcoins move, they move hard. The ability of your account to survive any contrary moves of the market when you have active positions is a function of risk management. Your account must live to be able to fight another day. 

The market rule is that the trader should commit at most 3% of his account size in market exposure. Some traders commit 20% or more to altcoin trades and are surprised at how fast their positions are taken out by reverse movements when trading perpetual contracts. It is better to aim for incremental profits than to target home runs.

## Altcoin Trading Tip 3: Trade what you are familiar with

From this writer's observations, there are altcoins with a reputation for heavy price movements. These are:

1.	Recently listed altcoins (Luna2, Aptos, etc).

2.	Altcoins linked to BTC when the latter is moving quickly (Fantom, Loopring, Yield Finance, Ripple, Litecoin, Bitcoin Cash).

3.	Recently, tokens directly linked to FTX, such as [Solana](/news/article/solana-to-gbp-conversion).

The price movements of these altcoins are very rapid when there is extreme volatility. If you are not familiar with the extreme volatility that can come with trading these altcoins, you are better off avoiding them - trade only familiar tokens. Try to research some altcoins and understand how their price moves play out. Then trade them on a practice account until you are familiar with them.

## Altcoin Trading Tip 4: Have a strategy and stick to it

No piece on altcoin trading tips will be complete without mentioning the role of having a strategy in successful altcoin trading. You must have a strategy and stick to it. A strategy is usually conditions that must be fulfilled on the charts for a trade entry and exit to be validated. Having one introduces the element of discipline and allows you to filter trade conditions properly.

A strategy must include additional elements such as risk management and risk-reward ratios. You must also develop the appropriate psychology when trading. Know when to keep trading even after a loss and when to walk away. Do not force your entries or exits.

You can get a programmer to create a bot that embodies your strategy elements so that trades only become active when you meet the strategy parameters.

## Altcoin Trading Tip 5: Don't make your stops too tight

Setting tight stop losses is a sure way to lose your account. If you set your stop too tight, the market move could trigger that stop before the trade moves in your direction.

Why do traders set their stop losses too tight? It is usually due to the fear of losing. This fear of loss comes from taking on too much risk. If the trader decides to reduce risk exposure to a minimum, it will allow for a more generous stop placement that enables the trade to breathe. If the trade ends up being a loser, the lower risk will also reduce the scale of losses. The price action only sometimes takes off in the trader's preferred direction. It may enter negative territory (the drawdown) before it becomes positive.

## Altcoin Trading Tip 6: Know how to identify support and resistance

Support is a price at which selling pressure starts to dry up. Resistance is a price at which buying pressure starts to fade. From this definition, it is clear that a support level/zone is a potential buy area. In contrast, a resistance zone/level is a potential point to sell or exit existing long trades.

Knowing how to identify support and resistance areas will help you not stay in altcoin trades for too long. It will also help you get better entries and exits for your trades. Recall that altcoins make rapid moves in wide ranges when the crypto market is volatile. You want to avoid seeing a profitable position start to reverse against you because you did not exit at the right point. You also want to enter early enough to catch a decent move.

The identification of support and resistance will eliminate such mistakes. Standard support and resistance tools include trendlines, pivot points, channels, and Fibonacci price levels.

## Altcoin Trading Tip 7: Avoid long trading breaks

Do not allow yourself to get "trade rusty". In soccer, there is a phenomenon known as match rustiness. In boxing, it is known as ring rust. It is a well-known fact that taking extended breaks from an activity that requires repetition to attain perfection results in a loss of cutting edge because of the inactivity.

If you take long breaks from trading, you start to lose a dimension of your edge. If you have had a string of bad results, you should stop trading a live account and switch to a demo to retain an element of your mental affinity for trading.

## Conclusion

The altcoin trading tips discussed above only represent part of the gamut of what you need to do to remain a consistent altcoin trader. However, if you can incorporate several of these altcoin trading tips into your day-to-day trading activity, you will see positive changes in your trading career.


Altcoin Trading Tips

Cold crypto wallets stand out due to their security. The wallets are especially recommended for long-term crypto investors and those holding on to huge sums of cryptocurrencies. This article focuses on some of the best cold crypto wallet options for UK crypto investors.

While they all offer exceptional security features, they differ on a few things, including build and design, price, and the number of cryptocurrencies and blockchains they support.

So, let's look at the best cold crypto wallet UK options.

## Trezor Model T

[Trezor Model T](https://trezor.io/trezor-model-t) is among the best cold crypto wallets in the UK for long-term cryptocurrency investors. It features a simple design that enables it to serve everyone, regardless of their expertise level.

Its security features, which include PIN and passphrase, enable it to stand out as one of the most highly secure hardware. A built-in SD-card slot helps with PIN encryption.

Users also benefit from a recovery seed phrase. The phrase helps those who’ve lost access to their funds, either by losing or damaging their wallet or forgetting their PIN, regain access.

The wallet supports more than 1,000 cryptocurrencies, including Bitcoin, Ethereum, and Ripple. It uses the Trezor Suite app to enable coin management.

Trezor is available for purchase on its official website and other platforms. On its official site, it is worth £181.27.

## Pros

- 	Easy to set up and use.

- 	Highly secure offline storage.

- 	Supports more than 1,000 cryptocurrencies.

## Cons

- 	A bit pricey.

- 	Not great for active crypto traders.

## Ledger Nano X

[Ledger Nano X](https://shop.ledger.com/products/ledger-nano-x) is another highly secure hardware wallet that stands out as one of the best cold crypto wallets in the UK for large crypto holders.

The wallet is equipped with industry-leading security, including a CC EAL5+ Certified secure element chip for crypto security. It also features a PIN set by the owner. The PIN confirms outgoing transactions.

It has Ledger Live Software that enables holders to check their balance and to send and receive cryptocurrencies. Ledger Live Software also supports coin staking, one of the best ways to earn from crypto holdings passively.

The wallet supports more than 5,500 cryptocurrencies. It can be integrated with Web3 wallets like MetaMask to allow holders access to various DeFi platforms. It is worth around £135.35 through its official site.

## Pros

- 	Highly secure hardware wallet.

- 	Access to Ledger Live.

- 	Supports more than 5,500 tokens.

## Cons

- 	Pricey.

- 	Not the best option for active traders.

## Ellipal Titan

[Ellipal Titan](https://www.ellipal.com/) is the world’s first air-gapped cold storage wallet. It uses QR code technology to achieve its air-gapped status.
The wallet is a bit bulky, much like the 2009-era iPhones. It features a large touch screen and a built-in camera for scanning the QR codes. It supports more than 10,000 tokens and connects with the Ellipal App, which enables holders' to trade, exchange, stake, and buy NFTs, among other activities.

Although big compared to other hardware wallets, Ellipal Titan is quite sturdy. It is designed to detect considerable damage, which initiates the deletion of all private keys.

Ellipal Titan is selling for £118.21 through its official site.

## Pros

- 	Uses QR code technology.

- 	Sturdy and tamper-proof.

- 	Supports more than 10,000 tokens.

## Cons

-	Bulky.

-	More expensive than most hardware wallets.

## Safepal S1

[Safepal S1](https://store.safepal.com/safepal-s1-hardware-wallet.html), like Ellipal Titan, does not rely on connections such as Bluetooth, Wi-Fi, or USB. It uses QR codes for data transmission.
Its security features include a PIN code, two-factor authentication, and recovery seed. It also features multiple layers of security sensors and a self-destruct mechanism. It has no wired connections, except for the one used to charge its 400mAh battery.

The wallet supports more than 34 blockchains and in excess of 30,000 tokens. Holders can add and delete tokens as they like. Holders also benefit from 24/7 customer support.

On its official site, Safepal S1 is selling for around £42.51.

## Pros

- 	Multiple layers of security sensors and self-destruct mechanism.

- 	Supports more than 34 blockchains and 30,000 tokens.

- 	Uses QR code technology.

## Cons

- 	Not completely air-gapped (must be plugged into a computer for firmware upgrade).

-	Not the easiest wallet to carry around.

## KeepKey

Launched in 2015, [Keepkey](https://shapeshift.com/keepkey) was bought by Shapeshift in 2017. The purchase saw the wallet gain full integration with the Shapeshift platform and exchange, which is non-custodial.

The wallet features PIN and passphrase protection for security. It also features a 12-word recovery phrase generated during initialization that helps retrieve private keys in case they get lost or broken. Users manage funds through the Shapeshift platform when plugged into a computer via USB.

KeepKey supports more than 40 cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. It can be paired with MyEtherWallet to support more ERC-20 tokens.

Keepkey is available for purchase on Shapeshift and third-party marketplaces like Amazon. On Shapefift, its listing price is £41.67.

## Pros

- 	Highly secure with a durable design and build.

- 	12-word recovery phrase.

- 	Cheaper than most hardware wallets.

## Cons

-	Supports a limited number of coins.

-	Only supports Android devices.

## NGRAVE ZERO

[NGRAVE ZERO](https://www.ngrave.io/) is marketed as the most secure cryptocurrency wallet ever made, and for good reason. It is 100% air-gapped and is the only hardware wallet that reaches the highest security level certification standard possible, EAL7. It is also ROHS and CE-certified.

The wallet also stands out with its sleek design and durable build. It is made from military-grade premium materials with a metal case, and security features include light sensors, biometric scanners, and pin protection. It is 100% tamper-proof.

NGRAVE ZERO features a built-in camera for QR scanning. It works with the NGAVE LIQUID app to allow holders securely sign, manage, and transfer their assets.

As a relatively new addition to the crypto hardware space, NGRAVE ZERO does not support many cryptocurrencies. However, it does support most of the well-known cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. It also supports NFT storage.
NGRAVE ZERO is another great option for the best cold crypto wallet for UK long-term crypto investors. It can be bought for £348.32 on its official site.

## Pros

-	Sturdy construction.

-	Plenty of security features.

-	Uses QR code technology.

## Cons

-	Does not support a lot of cryptocurrencies.

-	Expensive.


## Best cold crypto wallet UK options: Conclusion

There you have it, some of the [best hardware wallets](/news/article/best-crypto-wallet) for UK crypto investors. This should be helpful when looking for the best cold crypto wallet UK options.

Each wallet has its pros and cons, offering good points to consider before investing in any of them. However, they all offer great security, making them worthy of inclusion on the list.


blue image of thermostat showing cold temperature. Person holding empty wallet. 

Best Cold Crypto Wallet UK

Ever wondered how to send Bitcoin? Sending Bitcoin (BTC) is a straightforward process. You will require three things; a crypto wallet, some Bitcoin, and the recipient's address. You will also have to ensure you have some extra funds to cater to the transaction fees.

Depending on your crypto wallet, the process of sending the cryptocurrency could be slightly different. However, the steps are generally the same for most wallets. For the sake of this article, we'll be using the [Bitcoin.com wallet](https://wallet.bitcoin.com/?_gl=1*1xz6ata*_ga*MzM1ODA3MDk3LjE2NjgxOTMwODY.*_ga_ERLPF60ZDD*MTY2ODY1NDE2Mi42LjEuMTY2ODY1NzE0MC4wLjAuMA..) to send the cryptocurrency.

## How to send Bitcoin: Four simple steps

### Step 1: Access the wallet

You’ll first have to access the Bitcoin.com wallet before you can transfer the cryptocurrency. Once there, tap the “send” button to access the list of supported cryptocurrencies. From the list, select the coin.

### Step 2: Enter the recipient's address

A BTC address is an alphanumeric string. This will sometimes look something like: 3J98t1WpEZ73CNmQviecrnyiWrnqRhWNLy.

To enter your recipient’s address, you have the option of copying it to your clipboard and then pasting it in the send field. You can also scan the QR code of their address using your phone's camera. This will automatically fill it in. Not all wallets have the QR code technology.

### Step 3: Enter the amount

Enter the amount you wish to transfer. Double-check to ensure you are sending the right amount. If you transfer less, you will incur extra network fees for sending the rest. If you transfer more, well, it's your loss.

[Most wallets](/news/article/best-ethereum-wallet) allow users to toggle between seeing the send amount as BTC or showing it in their local currency.

### Step 4: Confirm the transaction

Once you are sure all the information you’ve provided is correct, tap or toggle the send button. And as simple as that, you've sent the cryptocurrency to your intended recipient.
Some wallets may require users to select the network fee before confirming the transaction. The transactions may be trustless, but they do cost a network fee.

## Network fees

Network fees are funds paid to miners and validators for validating and adding transactions to the next block in a blockchain. They act as an incentive for miners and validators to confirm transactions.

Many [BTC wallets](/coins/btc) allow users to customize the network fees when sending the cryptocurrency. Bitcoin.com wallet, for example, has three fee settings as well as the option to set custom fees.

The "Fast" speed is the default speed and will have your transaction confirmed in less than 30 minutes. The "Fastest" speed will have your transaction confirmed in less than 20 minutes, but you'll pay a higher fee. Then there is the "Eco" network fee option that will save you some cash, but will result in your transaction getting confirmed in less than 60 minutes.

Transactions with higher fees tend to be picked up faster by miners because they have higher profitability. They are therefore confirmed faster. For wallets that allow users to customize network fees, you can opt for faster transaction processing by paying a higher fee.

## Conclusion

Sending BTC is an easy process. However, if you are not careful about the information needed for the process to be successful, including using the correct recipient address and filling in the right amount, it can easily become one of your biggest mistakes or regrets.

The process is irreversible. If the coins go to the wrong address, you are never getting them back. You should always be careful while transacting in crypto assets.
 
 


How to Send Bitcoin

The rise in popularity of distributed networks and blockchain tech is taking the world by storm. Despite recent market events, the interest in cryptocurrencies continues to grow. None more so than in the credit and debit card sector. This report will look at the industry, tell you what you need to know, and examine recommendations for the future.

## How they work

When it comes to finding the best crypto rewards card UK, the idea behind cryptocurrency debit and credit cards is relatively simple. Users preload with their favourite cryptocurrency, enabling them to make purchases online, in-store, or simply to withdraw cash from the ATM. Regardless of whether the merchant accepts cryptocurrency or not, the card will automatically convert the purchase for you and debit the amount from your cryptocurrency balance. Most cards are issued through the Visa or Mastercard networks, so their reach and penetration is vast.

That said, it is important to understand the nature of the crypto wallet. Every crypto card issuer is a digital wallet at heart. The wallet is the power behind the card, providing the access to the merchant.

Many experts believe that in the next ten to 15 years, credit and debit cards will be consigned to history as the online wallet becomes ubiquitous and used for every online and real-world purchase. The intricacies of the digital wallet are vast and too long to go into detail here. Suffice it to say, security, versatility, and power are sure to lead to wide-scale adoption.

The main steps for applying for a crypto debit or credit card usually take the following pattern:

1.	Create a wallet.

2.	Buy your cryptocurrency from a reputable exchange like [Binance](https://www.binance.com/en-GB) or [Coinbase](https://www.coinbase.com/).

3.	Apply for your card.

4.     Connect to your wallet.

5.	Fund the card.

6.	Use the card to make purchases.

## Cashback

Almost all crypto debit and credit cards feature some kind of rewards system, which vary from issuer to issuer. However, the most popular reward systems are cashback on purchases, whether they occur online or in-store.

The range and scope of deals are vast and, as you might expect, very competitive. However, while most offer competitive cashback rewards, the general range lies between 1% and 5% cashback on purchases, online or in-store.

Take [BlockFi](https://blockfi.com/), for example. While BlockFi only offers 15 cryptocurrencies, they do not charge fees to move your crypto in and out of the wallet. When combined with a 1.5% cashback on all purchases made over the Visa network, this makes BlockFi one of the more attractive options available.

However, given [BlockFi’s recent problems](/news/article/is-blockfi-bankrupt), users should proceed with caution.

One of the largest names in the industry, Crypto.com, offers users a whopping 8% on purchases made on the Visa network. Furthermore, with no fees, users can preload their cards with more than 80 different cryptocurrencies.

In comparison, Coinbase has a 2.49% cryptocurrency liquidation fee, but users can earn $4 rewards on all purchases made on the Visa network. However, with only eight supported cryptocurrencies, users may find the Coinbase debit card rather limiting.

As you might expect, the deals on offer are very competitive. Your choice will depend on what you feel comfortable with and what you want to use the card for. However, one core theme throughout is the simplicity to set up and the user-friendliness, which, as we all know, is key in attracting and retaining customers.

## Other rewards

In your search for the best crypto rewards card UK, you'll find that there is a vast array of rewards designed to appeal to customers looking for ways to earn and spend their digital assets. While cashback on purchases may be the most popular, other rewards come in the form of earning APY on your crypto holdings, auto staking on eligible coins, or discount codes and vouchers. 

For example, popular investment platform eToro will automatically stake any coins you hold that are eligible for rewards. While eToro will take a cut of the rewards generated, this is an excellent and hassle-free way to earn passive income from your holdings.

Furthermore, popular wallet Nexo supports 32 coins while allowing users to earn APY on their holdings. While this is a unique idea in the crypto world, Nexo can only be used on the Mastercard network and, therefore, its reach is limited.

A handful of providers give the user a broader array of rewards. [Crypto.com](https://crypto.com/) is a well-known name in the industry, with large sporting sponsorship deals throughout most of 2022. Anyone signing up for Crypto.com’s mid-tier Visa debit card is eligible for a range of free perks, including Amazon Prime, Spotify, and Netflix monthly subscriptions, alongside airport lounge access and many more.

## Reach

When searching for the best crypto rewards card UK and choosing your crypto debit or credit card, there are several considerations you must make before making your decision. The following may help you find one which is best for you:

## Availability

Before looking at other benefits, it is important to find a provider compatible with purchases in your country. Due to crypto's worldwide appeal, this shouldn't be a problem. It is prudent to check the small print just in case they plan to charge you for using the card in your native country.

## Supported coins

With Bitcoin remaining the most popular cryptocurrency, it is easy to see why most cards offer Bitcoin functionality. However, if you decide that you would rather spend or earn other cryptocurrencies, you must choose a card supporting your choice.

## Rewards

As we have already discussed, cashback schemes are the most popular form of reward for using a crypto credit or debit card. Shopping around to find one which offers the best rate is important. Other rewards, such as discount codes and vouchers, are available, but are not as common.

## Fees

The majority of cards available today come with associated fees, whether for use abroad, pre-loading with your favourite cryptocurrency, transferring your crypto, or withdrawing cash from an ATM. Therefore, finding a card with low or zero fees can save you money.

## Five of the best

Let's look at some leading cards on the market today:

- Coinbase

- Crypto.com

- Binance

- eToro

- Nexus	
 
## Conclusion

As we can see, competition among crypto credit/debit card providers and their associated wallets is high. While this may at first appear confusing, it is important to remember that the companies want your business, so each offer should be as competitive as the last.

Applying for and setting up your debit/credit reward card is an excellent way to build your crypto portfolio by earning cashback on your purchases, receiving staking rewards, or generating APY just for holding. Like many other areas of crypto, debit/credit reward cards help to make your money work passively for you, and herein lies their appeal.

With the world becoming increasingly digital and places to use cash becoming scarce, the timing has probably never been better to apply for a crypto rewards card.


blue picture of cryptocurrency reward app mobile phone

Best Crypto Rewards Card UK

Want to know how to buy Bitcoin in the UK? Bitcoin is a digital currency operating independently of any central authority or government oversight. It is based on peer-to-peer software technology and cryptography.

It is open-source and is designed to be open to the public, no one owns or controls the coin, and anyone can participate. Many of Bitcoin's unique properties enable exciting uses that no previous payment system could cover.

Purchasing Bitcoin is the easiest way to invest in the rapidly growing cryptocurrency industry. The leading digital asset has established itself as a giant deflationary currency, prompting investors all over the UK to look for Bitcoin exchange platforms.

In this How to buy Bitcoin UK Guide, we explore the options.

## How to buy Bitcoin UK?

You can use the exchange platform eToro to buy [Bitcoin](/news/article/bitex-trade-bitcoin) in the UK by following these quick steps:

1.	Create an eToro account - To access the registration page, go to the eToro site and click on 'Join Now.'

2.	Deposit Funds: Deposit a minimum of $50 (£43) into your account via bank wire transfer, credit/debit card, or e-wallet solutions.

3.	Search the coin - Enter 'BTC' into the search bar and select the appropriate popup result.

4.	Buy - Click' Trade' to open the purchase page. Enter the amount of coin you want to purchase and click 'Open Trade' to finish the transaction.

## Where to buy Bitcoin in the UK? 

If you've ever Googled 'how to buy Bitcoin UK', this may answer some of your questions. Looking for the best exchange platform in the UK with the lowest fees to purchase Bitcoin? The top exchange for buying Bitcoin in the UK are listed in this section.

1.	[eToro](/news/article/etoro-fees) - The best exchange to buy crypto
eToro is a multi-asset exchange platform that enables users to invest in various stocks and cryptocurrencies. On eToro, investors can choose from over 115 cryptocurrencies, including well-known coins such as Bitcoin, Ethereum, and Litecoin. It is, without a doubt, among the best sites to purchase Bitcoin online.

Opening an account with eToro is free, and you receive a free trial account worth $100,000 to test the waters with cryptocurrency and other assets before committing to them.

In terms of trading tools, eToro offers copy trading, which allows new investors to replicate the successful trades of more professional investors. This minimizes possible losses while increasing expected returns. The low fees charged when trading Bitcoin are what truly distinguish eToro.

2.	[Coinbase](/news/article/coinbase-google-partnership) - Leading platform to buy Bitcoin UK
Coinbase is a cryptocurrency trading platform that allows you to buy, sell, and earn popular crypto assets all in one place. It offers over 100 cryptocurrencies and other digital assets, including significant coins such as Bitcoin, Ethereum, and Dogecoin. 

Coinbase's mainstay is its highly intuitive user interface, which makes it simple for new investors to trade cryptocurrencies. You can set up recurring trades and gradually invest in digital currencies by scheduling daily, weekly, or monthly purchases. You can also log your transactions and monitor market changes using the online app or the iOS and Android mobile applications.

The platform also provides crypto and NFT storage in a single location. Users can also earn interest when using the Coinbase Wallet. 
On debit card deposits, Coinbase charges a 3.99% deposit fee. Other fees are based on the size of the trade, with transactions under $10,000 attracting a 0.50% taker and a maker fee.

3.	[Binance](https://www.binance.com/en) - Best low fees exchange platform
Bitcoin is prominent in the Binance exchange's daily transaction volume. Since then, the top crypto dog has established Binance as one of the world's most elite exchange platforms.

Changpeng Zhao launched [Binance](/news/article/guide-to-binance-uk) in 2017, and the Bitcoin exchange has become a popular destination for investors due to the diverse range of digital assets available. The platform supports more than 500 crypto assets and charges a base fee of 0.10%. This is taken further with the Binance Coin, which reduces it to 0.025%.

Binance provides real-time price updates and several innovative services, such as margin and futures trading. The minimum deposit is $10. (about 8.7 GBP).

4.	[Swapzone](https://swapzone.io/) - Platform to buy Bitcoin with crypto
Swapzone is a [cryptocurrency exchange](/news/article/best-exchanges-for-crypto-uk) aggregator that works in real time. This platform streamlines the exchange process by collecting the information required to find the best exchange rate.

It is currently a one-stop solution for exchanging 500+ cryptocurrencies from 15+ exchanges.

Swapzone's operating principle is as follows: the platform receives user inquiries, obtains deals directly from its partners, sorts them by rate, speed, and rating, and allows users to make swaps through selected providers without leaving the aggregator's website. In this way, Swapzone assists users in making informed decisions when saving money and time.

Another advantage of Swapzone is that all swaps are custody-free. As a result, you will not need to register if you want to buy BTC with cryptocurrency on this platform.



green image of bitcoins with a person buying bitcoin on their phone

How to Buy Bitcoin UK Guide

[Invisible Friends](https://invisiblefriends.io/) NFT is a popular collection launched and minted in February 2021 by famous 3D digital artist Markus Magnusson. Each NFT is a unique 3D figure in a collection of 5,000 pieces. The series explores the concept of imaginary friends.

It is one of the first animated NFT series, and its release and immediate success sparked a 3D animated NFT series trend.

The collection was so trendy that KITH, one of the largest global lifestyle brands, collaborated with Markus to create a spinoff series called KITH Friends. This new series was launched in March 2021 and is an ongoing collaborative project between the two artists.

## Utility

NFT holders benefit from the collectible by receiving [airdrops](/news/article/terra-luna-second-airdrop), one-of-a-kind experiences, and membership in their private group. Most notably, the holders will be able to mint an upcoming 3D series called 3D INVISIBLE FRIENDS by prominent artist Nguyen Hunt.

All holders will have access to the whitelist and presale, which means they can purchase the digital [token](/news/article/crypto-coin-vs-token) at a low cost and sell it for a profit. Aside from that, other airdrops of Markus's original artwork are expected in 2023.

## Floor price

Since the start of the [crypto](/news/article/what-is-web-3.0-crypto)-wide bear market in 2022, the Invisible Friends NFTs have been one of the few collections that have maintained relatively strong valuations. The current floor price for the token is 2.4 ETH, or approximately $3,725. This represents a decrease from the project's average floor price of 7.1ETH since its inception.

## Is investing in Invisible Friends a good idea?

In the [crypto market](/news/article/crypto-fear-and-greed-index), Invisible Friends NFT has been one of the most popular and consistent [investments](/news/article/best-exchanges-for-crypto-uk). The series value has held relatively well during the 2022 bear market, indicating a large holder base and interest in the collection.

Long-term holders may be rewarded through airdrops and collaborations with other artists. The latest collaboration with Nguyen Hunt shows that the project is gaining traction among well-known artists.

It is a collection worth considering for your portfolio if you're looking for a comparatively safe and established digital asset investment.



pink iamge of blockchain with invisible friends man in foreground

Invisible Friends NFT: A Guide

[Cryptonary](https://www.cryptonary.com/) is a crypto media company focusing extensively on cryptocurrency research and education. The community consists of several experts with extensive experience in the crypto space and offers their members exclusive features. This piece is a review of the subscription package and what it entails.

## What is Cryptonary Pro?

Cryptonary Pro is a subscription to all the community's exclusive news, hidden opportunities, and first-hand access to crypto news. It also offers in-depth market analysis, including detailed technical analysis and price movement information.

The Cryptonary subscription package offers users everything they need to survive and thrive in the crypto market. This includes deep market insights with step-by-step guides and research insights that give members an edge.

## Benefits of Cryptonary Pro subscription

Here are the benefits you get when you subscribe to the community:

### Exclusive market news

Members get exclusive market news first-hand. Getting information fast is integral to crypto trading because it helps make critical trading decisions.

### In-depth market analysis

Subscribers get market analysis digests which contain technical and on-chain analysis in various formats weekly. The digests include detailed information to help members make informed decisions.

### Market insights

Community members get market insights that can fetch massive returns on their investments. For example, the community members got first-hand information about [Solana's potential](/news/article/solana-price-prediction) before the price increase. Members who took advantage of this opportunity got massive returns on their investments.

### Access to educational materials

As a member, you have access to [crypto courses](https://www.cryptonary.com/learn-crypto/) that you can use to navigate and understand the cryptocurrency space. These courses vary from simple explainer tutorials and beginner guides to advanced classes for experienced investors. You can use this material to learn more about crypto and increase your expertise.

### Private community

Subscribers also get access to the private community as part of the subscription package. In this community, you have access to all experts and investors alike. You can get experts' answers to questions you might have without paying extra. You can also connect with peers to gain market tips that put you ahead of the curve.

### Featured podcasts

You also get featured podcasts regularly that provide new perspectives on the latest crypto events. The podcasts cover every aspect of the crypto space, from [DeFi](/news/article/what-is-a-defi-token) to Bitcoin to [Metaverse](/news/article/what-is-the-metaverse).

## Is Cryptonary Pro subscription worth it?

If you're looking for hidden crypto opportunities or market news and analysis without having to do any work, this is for you. You have access to market information and exclusive market insights for a small monthly fee.



blue image of cryptocurrency altcoins with cryptonary logo. 

Cryptonary Pro Reviewed

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