Innovations in blockchain technology are constantly evolving in the DeFi world. Now, there are many projects inciting investors’ interest in DeFi. But unfortunately, it is also being used for many illicit activities. Some of these projects are based on Ponzi schemes or other [crypto scams](/news/tag/scam), making some investors sceptical about their legitimacy.

[HyperFund](https://thehyperverse.net/) is one such infamous project which is controversial for using multi-level marketing. This platform claims to be a virtual Metaverse having its own currency and ecosystem. However, it seems to run a Ponzi scheme that promises over 400% ROI. Let’s find out what exactly HyperVerse is and what it offers!

## What is HyperVerse or HyperFund?

HyperFund, now known as HyperVerse, is a virtual galaxy with multiple planets. According to the website, it covers the themes of time travelling and alien creatures, having a futuristic setting in its game. You can also explore and participate in different activities on this Metaverse as voyagers.

Its [whitepaper](https://thehyperverse.net/whitepaper.pdf) suggests that it is a decentralised autonomous platform that offers its currency, HVT. Users can indulge in trading, play games, or socialise through V-DAO. 

## What makes HyperFund doubtful?

Here are some of the reasons why it sounds dubious:

•	Its affiliate program promises a massive ROI of 300% if you continue to contribute.

•	Many verified HyperFund reviews suggest that the company runs on a Ponzi scheme. 

•	Its website does not provide much information about the firm’s owners. 

•	The United Kingdom’s Financial Conduct Authority (FCA) has not registered the company and has directed investors to beware of this unauthorised firm. 

•	The company is a part of New Zealand’s list of scams maintained by the Financial Markets Authority (FMA).

•	As per the information available on the website, it is unclear what services it provides as a DeFi platform. 

•	Authorities in Guernsey also recognised it to be a controversial firm. 

## Is HyperFund a scam?

The platform runs a membership reward program. Previously, it was membership 1.0 that offered up to 300% profits in 20 months of investing. However, as the platform has upgraded to HyperVerse, it has introduced Membership 2.0. 

This reward program promises 4x rewards. If you invest 300HU, the platform claims to reward you 1200HU. Meanwhile, it also pledges 0.3% daily rewards. And to be part of this reward program, you at least need to invest 125 HU. Moreover, users can earn further rewards when they refer the platform to others.

These profits sound too good to be true. The reviews from the members of this reward program suggest that the company is a scam. Most users complained about not receiving any revenue even after months of investment. 

Furthermore, it has been recognised as a scam by the financial authorities of the UK, New Zealand, and Guernsey. 

Therefore, HyperFund checks most of the boxes for a Ponzi scheme. 

## Final take

HyperFund/HyperVerse is a scam as it is running a Ponzi scheme according to various sources. It pledges huge profits of up to 400% through its affiliate and referral program. However, the users have reported that the company is not providing any rewards as revenue. Several financial authorities have already recognised it as a scam.

Be warned and beware!



HyperFund review: is HyperFund a Ponzi scheme?

Competition in the crypto space has made a few projects come up with innovative ways to entice and get new users. Some crypto projects offer  tokens for free, but with a catch. Depending on the project you can earn free crypto by learning or playing.

## What is Learn to earn crypto?

Learn to earn crypto involves getting free crypto by learning about digital assets on a crypto platform. The free crypto you get is usually the one you’ve learned about.

Since there is nothing like a free lunch , how do the platforms benefit? The platforms benefit in two ways. Firstly, by learning about crypto on a platform you boost its traffic. You are also more likely to engage with other services the platform provides.
Secondly, the free crypto tokens you get make you an investor in the tokens. The more people get the free crypto, the better its chances of price appreciation over time.

## Learn to earn crypto platforms

A few well-known platforms offer the learn to earn crypto incentive.

## Coinbase

Coinbase is a reputable crypto exchange with thousands of [coins](/coins), tokens and NFTS. The platform allows users to learn about different crypto currencies and earn through its [Coinbase Earn](https://www.coinbase.com/learning-rewards) page.

As per the platform users can choose whichever available crypto coin they would like to learn about, do a simple quiz, testing whatever they have learned then get their free crypto. Some of the coins and tokens users can learn and earn from include GRT (The Graph), GAL (Project Galaxy), and ALEPH (Aleph.im).

Note that to benefit from Coinbase Earn you have to meet all its eligibility requirements, which include living in a country eligible for Coinbase Earn. The program is, therefore, available in selected countries.

## Binance 

Binance is another popular crypto exchange available in more than 140 countries globally. Like Coinbase, Binance allows users to earn free crypto through its Learn & Earn section.

In the [Learn and Earn section](https://www.binance.com/en/support/announcement/178888d976424c43baabd1b1c649e6ff), are instructional films and reading materials that enable users to learn about several crypto coins. Once you are done learning about a preferred crypto coin you will take a quiz to gauge your understanding of the coin. If you pass the quiz you get your free crypto coins.

It is worth noting that Binance’s learn and earn rewards are limited. Once they get depleted users can’t participate in the program any more.

## CoinMarketCap 

Coinmarketcap is a price-tracking website for crypto assets. The platform allows users to earn free crypto through its [Earn Crypto](https://coinmarketcap.com/earn/) page.

On the Earn Crypto page are lots of crypto coins including TRX (TRON), SXP (Solar), LIKE (Only1), and SAND (Sandbox) to learn and earn from. There are video tutorials and reading materials to help learn about the various coins. A quiz comes at the end. Once you pass the quiz you get your free crypto.

Coinmarketcap’s learn and earn program is also [limited to certain countries](https://coinmarketcap.com/earn/faq). Users from countries like Belarus, Cuba, Iraq, Iran, and Mainland China cannot participate in the program.

## Phemex 

Phemex is a crypto exchange and trading platform trusted by millions of users across the globe. The exchange has a Learn & earn page where users can earn free crypto.

On the Learn & Earn page users can familiarize themselves with basic crypto concepts and exchange features through watching short videos. After your learning session, you will take a quiz, which will determine whether you get your free crypto or not.

Phemex Learn & Earn program is limited to selected countries. The program is currently not available in India, Russia, Venezuela, Ukraine, and Indonesia among other countries.

## BitDegree  

BitDegree is an online education platform powered by blockchain. The platform has a LearnDrops page where people can learn about real-world crypto projects and earn crypto.

The process of earning free crypto through BitDegree’s LearnDrops is the same as other Learn to earn crypto programs. Once you watch a video about the crypto project you wish to learn about you will do a quiz. If you pass the quiz you get your free tokens.

## Bottom line

Learn to earn is one of the many ways various crypto projects are looking not only to survive but profit from the cryptospace. The program, while it might cost platforms a few coins offers them a lot in terms of traffic and coin adoption.

Listed above are only a few platforms that offer learn to earn crypto programs. Do your research and you will find more blockchain-based platforms that will allow you to earn free crypto by simply learning about a crypto coin, project, or topic you are interested in.

Learn to earn crypto

Familiarising yourself with a new token always seems a daunting task. And this gets even more difficult if you are dealing with a token like [XRPHD](/news/article/xhd-coin-explained), which is listed only on a few crypto exchanges. So, if you are looking to buy it and want to know what the XHD to USD exchange rate is, you might not be able to do so easily.

To make the process simpler for you, here's an easy guide on how to find out the conversion rate of XHD to USD!

## What's an XRPHD coin? 

Before you move on to take any investment decision regarding the XRPHD token, you must get some background information. This token is another project by Ripple Labs which was launched in 2019. They introduced it as an alternative to XRP. The coin works with the conditioned proof-of-capacity consensus mechanism and offers a better decentralised and safer ecosystem. 

## Where to find out conversion price of XHD to USD

If you want to invest in the project, it's essential to know the token's price in USD. The first step for converting the coin's price is finding a trustworthy source that has listed the coin. Currently, one such popular and credible website that has registered the coin is [BeINCrypto](https://beincrypto.com/). Let's find out how you can check what the conversion rate is through this website!  

## How to find out conversion price XHD to USD on BeINCrypto

BeINCrypto is a crypto news website that has listed the XRPHD tokens on its rankings. For finding out the price approximation of the token in US dollars through the website, you can follow these simple steps:

1.	Firstly, you need to find it on its website. You can easily do that through the search bar. Or you can directly go to [this link](https://beincrypto.com/convert/xrphd-to-usd?amount=1).

2.	It will open a page with all the information related to the coin. Here, look for the conversion calculator. 

3.	Now, type the amount of XHD you want to convert to US dollars, and it will automatically calculate it for you. 

4.	Also, through this BeINCrypto exchange rate calculator, you can also check the USD to XHD rate. 

## Bottom line

Currently, XRPHD is not readily available on crypto exchanges. However, you can check out the XHD to USD exchange rates through the BeINCrypto website. It offers a crypto conversion calculator through which you can check the price of any token against a fiat currency or other digital token. As per the current conversion rate, the XRPHD's price in US dollars is only $0.00000146. 




How to find out the conversion rate of XHD to USD


[Eightcap](https://join.eightcap.com/visit/?bta=37262&brand=eightcap&afp=article) is an Australian FX and CFD broker providing online crypto and shares trading services to a wide range of clients from around the world. 

The company was founded in 2009 and it has been expanding ever since. It is based in Melbourne, Australia, with five offices around the world. Eightcap is regulated by the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC) and the Securities Commission of The Bahamas (SCB).

Users can enjoy the intuitive interface of the award-winning MT4 and MT5 platforms as well as automated trading capabilities and an advanced charting package. With functionality to integrate with TradingView for in-depth market analysis, compatible with signal sharing practices you will be sure not to miss a market beat!

## What makes using Eightcap such a bonus?

1)	Wide exposure to a multi-asset universe

The trading platform offers contracts for differences (CFDs) on more than 1000 financial instruments, including 350+ Australian, US, and European shares, 300+ crypto derivatives (including crypto crosses and crypto indices), 40+ major, minor and exotic currency pairs, the world’s largest stock indices, as well as commodities. 

2)	Award-winning customer service and educational resources

The Australian trading provider is best known for its excellent customer service. Clients get the support they require which is available 24 hours- 5 days a week. Eightcap’s support team is trusted by thousands of clients worldwide for being fast, reliable, and expertly trained to solve users’ queries. 

The CFD provider complements its offering with exclusive educational materials and insight from experts across the globe. 

Eightcap was awarded Best Forex Trading Support & Best Forex Educational Resources at the 2021 Global Forex Awards. 

3)	Ultra-low cost

Aside from the convenience that Eightcap offers to its clients, the broker has noteworthy pricing. The company’s ultra-low Forex spreads are five times lower than those of top Forex brokers (based on spreads data comparison with IC Markets Raw, XM, Pepperstone, IG Markets, OANDA, FxPro from January 2022 on [TradeProofer](https://tradeproofer.com/)). 

Furthermore, its crypto derivatives spreads are among the lowest on the market, starting from 12 p/coin for Bitcoin, 0.45 p/coin for Ethereum, 0.004 p/coin for Cardano, and 0.0002 p/coin for Dogecoin. The Australian CFD provider complements its offering with exclusive educational materials and insight from experts across the globe. 

## Other ways to earn

Eightcap’s award-winning [partner program](https://www.eightcap.partners/) is one that calls for a mention as well. CPAs up to $900 USD and rebates up to $6 USD per lot are but several of the rewards affiliates earn by partnering with the broker. 

## How to get started?

Go to [https://www.eightcap.com/en/](https://join.eightcap.com/visit/?bta=37262&brand=eightcap&afp=article) and create an account. Verify your account in  the email you registered with. 

[![eightcap 1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/eightcap_1_5ab44b50b6.png)](https://join.eightcap.com/visit/?bta=37262&brand=eightcap&afp=article)

It’s as easy as 1, 2, 3…

1)	Complete your personal details 

[![eightcap 2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/eightcap_2_d78b22e859.png)](https://join.eightcap.com/visit/?bta=37262&brand=eightcap&afp=article)

2)	Set up your account

Choose your trading platform, account type, base currency and leverage

[![eightcap 3.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/eightcap_3_ab6c6be64d.png)](https://join.eightcap.com/visit/?bta=37262&brand=eightcap&afp=article)
 
3)	Complete your declaration

[![eightcap 4.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/eightcap_4_cee9668ae5.png)](https://join.eightcap.com/visit/?bta=37262&brand=eightcap&afp=article)
 
Last thing, you will be required to submit some essential documents
 
[![eightcap 5.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/eightcap_5_a1d1a47173.png)](https://join.eightcap.com/visit/?bta=37262&brand=eightcap&afp=article)

And you’re good to go!

## How to start trading?

Knowledge is power in the financial markets. Check out [Eightcap’s Trading Education](https://www.eightcap.com/en/education/) to start building a wealth of knowledge. This will guide you through fundamentals, trading strategies, MetaTrader Guides and how to trade. 

## Some great guide to start with are:

Platform-

•	[MT4 vs MT-which one is better](https://www.eightcap.com/en/education/metatrader-guides/mt4-vs-mt5-metatrader-platform-versions-compared-which-one-is-better/)

•	[How to install MT5 on Windows](https://www.eightcap.com/en/education/how-to-install-mt5-on-windows/)

•	[How to use the MT5 trading platform](https://www.eightcap.com/en/education/how-to-use-the-mt5-trading-platform/)

•	[How to trade cryptocurrency CFDs on MT5](https://www.eightcap.com/en/education/how-to-trade-cryptocurrency-cfds-on-mt5/)

•	[How to install MT4 on Windows](https://www.eightcap.com/en/education/metatrader-guides/download-install-login-mt4/)

•	[How to log in and sign out of MT4](https://www.eightcap.com/en/education/how-to-log-in-and-sign-out-of-mt4/)

•	[How to open and close trades in MT4](https://www.eightcap.com/en/education/metatrader-guides/how-to-open-and-close-trades-in-metatrader-4/)

•	[How to Buy and Sell On MT4](https://www.eightcap.com/en/education/buy-and-sell-on-mt4/) 

Educational-

•	[All you need to know about CFD accounts](https://www.eightcap.com/en/education/what-is-cfd-account/)

•	[How to start trading Bitcoin](https://www.eightcap.com/en/education/how-to-start-trading-bitcoin/)

•	[How to short sell Bitcoin and cryptocurrency CFDs](https://www.eightcap.com/en/education/how-to-short-sell-bitcoin-and-cryptocurrency-cfds/)

## Deposit and Withdrawals

Eightcap’s clients can choose from a variety of easy deposit methods. They can move funds in and out of their accounts in several currencies including crypto– USD, AUD, EUR, GBP, CAD, NZD, SGD, using debit or credit cards such as Mastercard/Visa, BTC, Tether, BPAY, China UnionPay (uPOP), Skrill, Neteller, PayPal, POLi, Worldpay, and Wire transfer.

## Bottom Line

If you’re looking for a CFD, FX and or crypto broker, Eightcap provides a trading platform with beginner to advanced functionality and wide ranging asset optionality at a market leading low cost. They have fantastic customer service and educational resources to support you throughout the peaks and troughs. Eightcap is the ideal platform to assist you in achieving alpha.


Eightcap Review- Beginners Guide

Rollbit provides a casino, crypto trading, and [NFTs](https://www.newsfilecorp.com/release/86084/NewAge-Crypto-Casino-Rollbit-Launches-Cryptocurrency-Trading) all on the same site. Find out all you need to know about how to get lucky with this lottery here!

## Bonuses for advancing in rank and level 

When users advance to the next level, they will receive around 12.5% of the house advantage for the wagering necessary. Plus, with each level advancement, users receive a fantastic gift! 

## The Rollbit boss 

The "Rollbit boss" is the person who has bet the most during the day by 00:00 UTC. This individual receives $5,000! 

## Cashback

Players will receive a 5% of the house advantage every Day, Weekly, and Monthly.

## Slots 

The casino has over 3,500 slots that players can select. 

## Classic games

Customers also have a rather large selection of games. Players can discover traditional blackjack and roulette. Other conventional games, including baccarat, are also accessible. 

## Games with a live dealer 

The exchange collaborates with leading game providers and offers a wide range of live dealer games. 

## Casino payment methods

Wagering will utilise cryptocurrency rather than fiat currency. 

## Deposits 

Users can fund their accounts in one of two methods. If you have Bitcoin, Ethereum, or Litecoin, you may deposit it and begin gambling upon receipt of the transfer to your Rollbit account. 

If customers don't already have any of those cryptocurrencies, they will need to acquire some to get started. Players can use VISA, MasterCard, Google Pay, or Apple Pay to pay. Users may also buy cryptocurrency at major exchanges or at their exchange partner, MoonPay. 

## Withdrawals 

Withdrawing monies is quite simple. Customers can withdraw their Bitcoin, Ethereum, or Litecoin. They may sell their crypto currency for fiat they desire after they have won it! Withdrawals are processed quickly, and there is no maximum withdrawal cap.

## Customer service

Customer care is available via live chat and email on the website. Both types of assistance offer quick response times and appear to be well-informed. The website also has a very comprehensive FAQ section. 

On May 10th, 2021, the company debuted its [cryptocurrency](https://finance.yahoo.com/news/age-crypto-casino-rollbit-launches-201500764.html) trading, allowing customers to wager on the price of Bitcoin and Ethereum. Dogecoin and Litecoin have recently joined the trading platform. 

The new cryptocurrency trading tool has several advantages over previous platforms, including the following: 

•	Zero-fee trading 

•	Up to x1000 leverage 

•	Automatic cashout

•	A community focus

Rollbit's NFT marketplace allows you to purchase NFTs without incurring costly Ethereum network fees. Users may experience the thrill of generating passive money from a popular sportsbook while qualifying for special incentives. The essential service provided by Rollbot NFTs is the ability for holders to establish Rollboxes and receive a return on the NFTs they risk. 

Rollbit offers a fantastic website, a large game selection, a cryptocurrency trading functionality, an [NFT](/news/category/nft-news) collection, and exceptional customer support. This casino also has a complete license, ensuring the user's money is safe and secure.



Review of Rollbit casino games and exchange

Multisig is a type of crypto wallet that uses multi-signature technology to store and secure cryptocurrencies. It requires more than one person to sign off on any transaction before it can be executed, thus considered highly secure.

Let’s dig in and explore everything you need to know about it.

## RIF Multisig 

The [RIF Multisig wallet](https://www.rifos.org/blog/multisig-the-rsk-way) is a crypto storage solution for the RSK community and the Bitcoin DeFi ecosystem. It provides a secure place to store RIF tokens; utility tokens of the RSK network.

RSK is a smart contract network that is a sidechain of the [Bitcoin](/coins/btc) blockchain. It allows developers to create Defi protocols, NFTs, and other digital assets using the Bitcoin blockchain. As a sidechain, RSK also helps increase the scalability of the Bitcoin blockchain.

## Benefits 

There many benefits to using Multisig for crypto storage. Firstly, the wallet is hard to hack. Because it requires more than one private key to use, easily accessing all the required private keys is not easy for any hacker.

It also eliminates dependency on one device or party. Private keys can be saved on different devices to easily provide access to stored funds. In case something happens to one of the users, other users are not locked out of accessing their funds.

## Downsides

A major disadvantage of Multisig is slow transaction speeds. Because more signatures are involved, transactions may take longer. 

## How to set up 

To set up your wallet you will require two or more devices that support the RIF protocol. Each device, a computer, for example, will need to have a copy of the RIF token. 

On each computer generate a seed phrase. You will need the seed phrase to generate a master key that will enable you to generate the addresses.

Once you’ve generated the seed phrase the next step is to create a wallet on each computer. Open the multi-sig software and click on the “Create” button. Fill in all the required information including the number of computers you have.

Once you are done, you will be given a list of addresses you can send tokens to. The next step is to generate a Multi-sig address. 

Open the Multisig software and click on the "Create Multi-Sig address" button. Fill in the required information including the number of computers you have, the addresses you just created, and the name of the Multi-sig address.

After generating the Multi-sig address you will get instructions that will help you send tokens to the address. You can now send and receive crypto.

## Bottom line

The RIF Multisig is considered one of the best ways to securely store crypto online. The wallet, while still new in the crypto space offers a lot of benefits. It not only eliminates a single point of failure but also eliminates the dependency on a single device or user.






RIF Multisig Wallet Explained

The Dogetoshi cryptocurrency is deployed on Binance Smart Chain(BSC BEP-20). It is a digital currency that uses peer-to-peer blockchain technology to facilitate instant payments.

Overall, the coin is still a relatively new cryptocurrency, and there is a lot of speculation surrounding its future. This new digital currency is quickly gaining popularity.

Dogetoshi also launched its NFT collection on Binance named [Dogetoshi Doge Mato](https://www.binance.com/en/nft/collection/dogetoshi%2520doge%2520mato-596771369291182081?orderBy=list_time&orderType=-1&isBack=0&id=596771369291182081&order=list_time%40-1). The floor price of the NFT is $100.98. The NFT collection is gaining huge popularity among its fans and its demands are rising. 

The Twitter account of the coin talks a lot about happenings in the crypto space. It is among one of the most trending twitter accounts in crypto space.

## How is the Dogetoshi crypto coin different from other coins?

The cryptocurrency aims to rebuild the traditional payment network with the help of blockchain, which enables programmable payments and the creation of open financial infrastructure. To facilitate the entire process, it uses a basket of fiat-pegged stablecoins algorithmically stabilized by its reserve currency, DOGETOSHI.

## How to buy Dogetoshi crypto tokens and NFTs?

There are several ways to store cryptocurrencies and NFTs, but the two most popular are through a [digital wallet](/news/article/crypto-wallet-multiple-currencies) or an online exchange.

A digital wallet is a software program that stores your cryptocurrencies and NFTs. You can use it to create transactions, check your balance, and view your transaction history.

Several crypto wallets are available, both online and offline, which you could utilize for this purpose. Once you have chosen a wallet, you can purchase and store cryptos and NFTs.

An online exchange is a website where you can buy and sell cryptocurrencies and NFTs. It allows you to buy Dogetoshi with a traditional currency like dollars or euros and then store them in your online wallet. 

To buy Dogetoshi crypto coins, you could use cold wallets as well.

Next, you must find a reputable exchange to purchase the crypto tokens. There are many to choose from, but not all are legitimate. Be sure to do your research before selecting an exchange. Once you register with an exchange, you can buy Dogetoshi coins and NFTs.

## Is Dogetoshi a suitable crypto investment for me?

Here are a few things to keep in mind before you make your decision of purchasing the crypto token:

First, do your research. Secondly, consider the market conditions. Is the coin worth investing in right now? Thirdly, think about how long you will hold onto the coin. Fourthly, decide whether you're comfortable with the risk. It is advised never to invest more than you are willing to lose (5%-10% of your portfolio). Finally, consult with a financial advisor if you're still not sure what to do.



How to get started with Dogetoshi

Monkey NFT- the [Bored Apes](/news/article/bored-ape-nft) are a collection of 10,000 illustrated ape pictures.  Each picture features a colourful background and a photograph of an ape. 10,000 distinct NFTs of the apes are created by changing and combining their various traits. There are several variations for every aspect of the image. Hats and clothing are not the same. Teeth and eyes are interchangeable, as are their moods. 

This collection of pictures are purchased, sold, and traded as NFTs. Each of the many traits, characteristics, assemblages, and designs contributes to the development of an ape with a specific value. The NFTs are regarded as securities, and the market determines how much they are worth. They could skyrocket in value or they might vanish at any time. 

## How to purchase Bored Apes NFTs?

1.	Create an online account

[BAYC](https://boredapeyachtclub.com/#/) runs on the Ethereum network. As a result, buying Ethereum is the first step in getting an ape. Create an account on a trading platform to achieve this. Gemini Trust Co., Coinbase Global Inc., and eToro are the best exchange platform despite the wide range of options available because of their security, usability, and affordable costs.

After you've created an account on one of these exchange platforms, fund it by buying ETH. You will, however, require a place to keep your ETH and NFTs.

2.	Purchase or download a cryptocurrency wallet

A [cryptocurrency wallet](/news/article/crypto-wallet-multiple-currencies) is required for both buying and storing NFTs. The most popular software crypto wallet for OpenSea- the exchange where most investors purchase and sell NFTs, is MetaMask. For convenience, OpenSea may be downloaded for Google Chrome and added as an extension.

3.	Send ETH to crypto wallet

You must transfer ETH you have on a trading site to your wallet. You must locate your Metamask wallet address in order to accomplish this. You can find a string of 64 letters and digits in your wallet. Copy this address and paste it into your trading platform's "Send" section. Send the specified amount, then complete the transaction.

Ethereum is now running slower and costing more than normal. As a result, ETH may take 30 minutes to reach your wallet and cost you hundreds in gas. When compared to the cost of an ape, these fees are modest.

4.	Purchase your desired monkey nft

Go to OpenSea once you have ETH in your wallet. Find the NFT you want to buy and connect your wallet. You can buy the NFT instantly if it has a "buy now" price. You may also place a bid on the ape if one has been placed and wait for the seller to accept. The NFT will be saved in your wallet after the deal has been completed.






How to buy the monkey NFT- Bored Ape

## How UK users can fund their Binance account

### Step 1: Register an account

UK Users can register for a Binance account with their email or phone number from the  App,  website, or desktop app.

### Step 2: Complete verification

UK users can complete [identity verification](https://www.binance.com/en/support/faq/360027287111) on their Binance account to unlock the Fiat deposit and withdrawal limits, which includes verifying their basic account information, providing ID documentation, and uploading a picture.

### Step 3: Buy crypto

## Deposit Fiat 

Users can deposit up to 50+ Fiat currencies, such as EUR, BRL, and AUD, to their Binance UK account using bank transfer and bank cards. Once deposited, they can use them to buy crypto directly.

## Buy crypto using a debit/credit card

Users can also buy crypto directly using their credit/debit card on the Binance website or the lite mode on the Binance app.

## Buy crypto via P2P

Users can also go to the [Binance P2P](https://www.binance.com/en/support/faq/360043832851) page, select "buy crypto", and click "P2P trading" on the top navigation.

Investors can select the currency they want to buy. They can also filter the price and the "payment" in the drop-down, select an ad, and then click "buy".

Investors must enter the amount or quantity they want and click "buy."

The payment method and amount confirmations are on the order details page.

Investors must complete their fiat transactions within the payment time limit. Then click "transferred, next" and "confirm".

Once the cryptocurrency is released and the transaction completed. Users can click "transfer to spot wallet" to transfer the digital assets to their spot wallet.

Users can also click "check my account" above the button to view the digital asset they just bought.

Make a deposit or transfer crypto from the existing wallet

Users can log in to the Binance UK account and click wallet-overview 

Users then click deposit and see a pop-up window with the following options. 

1) Make a crypto deposit
2) Make a Fiat deposit

If users choose the crypto deposit option, they can select between [BTC](/coins/btc), ETH, USDT, BNB and EOS.

Next, investors choose the deposit network; however, users must ensure the selected network is the same as the platform they are withdrawing from to avoid losing funds.

Users can select BNB, BSC, ETH, SOL, and TRX.

Users must click to copy their Binance UK wallet's deposit address and paste it to the address field on the platform that they intend to withdraw crypto.

The transaction can take time to approve, depending on the blockchain and its current network traffic.

Funds are credited to the user's Binance account right after.

### Step 5: Explore Binance UK products

## Spot trading

Users can trade hundreds of cryptocurrencies in the spot market, including BNB. As well as develop tokens on the Binance smart chain.

Be warned, Binance is cheap to buy but could cost you your coins

As a last word of caution, be weary of keeping your crypto in Binances hot storage wallet, as, they have been known to be hacked and for suspending withdrawals to UK customers. 

What’s more, as they operate in an unregulated industry there is limited to no accountability and guardrails. Binance recently halted Bitcoin withdrawals, citing technical difficulties. According to a tweet, the platform momentarily suspended bitcoin withdrawals early on Monday, June 13, 2022, due to a stalled transaction producing a backlog. 

It may be cost effective to buy your crypto currency on Binance and transfer it to a cold storage wallet such as a Ledger. Consider transaction costs (network fee’s) to transfer coins out from the Binance and understand the risks of buying and holding your coins on the platform.


Guide to the Binance platform for UK users

Monero is a cryptocurrency that prioritizes user privacy and has one of the most dedicated communities in the cryptocurrency business.

However, investors in the UK frequently struggle to figure out how to exchange Monero (XMR) for British pounds. This article offers a solution to the problem by identifying exchanges from which users can withdraw their Monero holdings.

In other words, you will get the knowledge necessary to sell XMR for GBP or transfer Monero to a bank account in the shortest amount of time feasible.

## A quick ways to sell XMR on Binance in exchange for GBP

[Create an account on Binance](https://www.binance.com/en) and go through their full KYC verification process.

•	Navigate to Wallet > Spot and Fiat.

•	On the wallet, search for XMR and click the Deposit button.

•	Make a copy of the address that has been provided, and then send the funds from your personal Monero wallet.

•	Once the confirmation is complete, navigate to Trade > Convert.

•	When converting to BUSD, choose XMR as the currency (1 BUSD = $1).

•	You may finish the conversion by entering the amount you want to convert to BUSD.

•	Once this step is finished, repeat the previous steps to convert BUSD to GBP.

•	You should now navigate to Wallets > Fiat and Spot.

•	On your British pound wallet, select the Withdraw option.

•	You will be asked to enter the amount you wish to withdraw and your account or card information.

•	Start the withdrawal process, and Binance will move the money from the escrow account to your specified account. 

The preceding illustration presupposes that you already possess XMR stored in a personal wallet and just wish to pay it out
[Binance](/news/article/binance-bridge), which is one of the largest cryptocurrency exchanges in the world, allows users to trade Monero using a variety of different pairs.

Peer-to-peer (P2P) trading is an additional means for people living in the United Kingdom to cash out their Monero holdings on Binance. 

Verification is necessary to access any of the fiat gateways, and this includes P2P trading. How to go about it:

•	Initiate the Know Your Customer (KYC) procedure by registering for a Binance account.

•	Navigate to the Wallet > Fiat and Spot menu.

•	Navigate to your XMR wallet and select the deposit button.

•	Make a copy of the address that has been provided, and then finish the transaction using your external wallet.

•	Navigate to the Trade menu, select Convert, and change the XMR to USDT (You can also convert XMR to BTC) -Go to Trade>P2P.

•	Ensure that the currency is set to GBP, and then flip the Buy to Sell button offered. -When asked which coin you want to sell, select USDT (or BTC if you converted to it).

•	Choose a buyer with a high percentage of successful transactions and an offer corresponding to the price you wish to sell for.

•	To complete the transaction, go to the order, click the Sell button, and add a payment method to your account.

•	Begin placing the order and then wait for the vendor to transfer the payment to the GBP account you supplied.

•	Once you have the notification of the deposit from your bank, verify that you have received it. Finally, the following methods can be used to withdraw funds: bank transfers, credit cards, and debit cards.


How to  exchange Monero (XMR) to GBP in the UK

[Monero or XMR](https://www.getmonero.org/) is a widely popular and unique cryptocurrency because it allows users to remain untraceable. But it has also gained traction from criminals as they can keep their anonymity. This led to the discussions about a ban on Monero in Australia and several exchanges delisting it, which made buying this cryptocurrency quite challenging.

So, if you are also unsure whether you can buy Monero in Australia or not, this article will help clarify your doubts!

## What is Monero (XMR), and how does it work?

Transparency is the key feature of most of the crypto blockchains around the world. But Monero is the cryptocurrency that argues blockchain transparency leads to user identity and is unsafe. That’s why it introduces a blockchain which is confidential and untraceable. The details of each transaction on the blockchain remain hidden, keeping the sender and receiver identities safe. 

It works with three different technologies to keep the data confidential. Firstly, Monero uses temporary stealth addresses that detach the receiver’s public accounts from the transactions. Secondly, each trade requires a ring signature from multiple users. Other than the sender, these users include several decoys so that actual senders remain anonymous. The Ring Confidential Transactions (RingCT) is used as an added layer of confidentiality for encrypting transaction amounts. 

## How to buy Monero in Australia (XMR/AUD)?

You can easily buy XMR in AUD, as Australia allows trading these taxable assets. Like any other digital coin, you first need to find a trusted exchange to buy this coin. There are various credible names like Coinbase, OKX, Kucoin, etc., that you can opt for. After selecting one, create an account on that exchange. 

Register your email and phone number and set up a secure password. Then you can verify your details and deposit your Australian dollars (AUD) into the account to buy privacy coins. It would require selecting a payment method like bank transfer, credit card, or other payment options. Choose one as per your convenience and proceed to deposit AUD. Finally, find XMR on the exchange and swap it with Australian dollars, and you will be all set to use it. 

## XMR as an investment?

Monero is a distinguished token because of its confidentiality. That’s why investing in such privacy coins would depend on your necessity for security. If you want your digital transactions to remain anonymous, buying XMR with AUD could be a rewarding choice, considering its current price. However, you must be aware that it might bring certain risks, like its reputation for illegal activities which is the reason why several countries and exchanges have delisted it.



What is XMR and how to buy it with AUD?

Step 1: Open an exchange account: Sign up for a crypto exchange account to begin the conversion from GBP to MANA. Then, to validate the user's account, submit a copy of the investor's ID and fill in the necessary know your client (KYC) information. 

Step 2: Deposit: Fund your account with GBP. Please note some exchanges have minimum requirements, for example eToro  requires customers to deposit $10 (£8.25). 

Step 3: Look for the [Decentraland](/news/article/how-to-invest-in-metaverse) token (MANA)- go to the relevant investment page, search for 'Decentraland'. Go to the web page and click on 'Trade.'

Step 4: Obtain the Decentraland Token: Finally, inform the exchange how much money the you wish to invest in Decentraland, beginning with $10 (£8.25). Click 'Open Trade' to confirm. 

## Purchase mana with a credit or debit card

Credit/Debit cards are the two standard payment options for buying mana. The broker will not charge investors any deposit fees, but the investors' card issuer may charge them a small transaction facilitation fee. 

An investment of at least $200 (£165) and up to $40,000 (£33,000) to get started. It is also good to exchange gbp for US dollars before investors deposit. The minimum trading amount when purchasing on eToro is $25 (£20.62).

##Buy MANA with GBP using Paypal

Decentraland may be acquired using [PayPal](https://www.paypal.com/gh/home) on cryptocurrency trading sites such as eToro. 

The trade limit for purchasing with PayPal on eToro is $25, as it is for the other payment methods. PayPal allows users to deposit as little as $200 and as much as $10,000 into the brokerage. It would be advantageous if users additionally made USD deposits to avoid being charged a 2% currency conversion fee.

## Buy MANA without ID Verification

Due to increased calls for crypto regulation worldwide, most crypto exchanges and brokerages will not enable users to purchase tokens anonymously. 

However, a few that enable investors to obtain Decentraland tokens (MANA) without ID verification will keep trade restrictions to a minimum. The maximum deposit into an unconfirmed eToro account is $2250.


How to convert MANA to GBP on an exchange

Are you interested in purchasing supermoon coins but unsure how to buy them? Read this guide to easily get the cryptocurrency through the Binance exchange. 

To buy cryptocurrencies, different procedures need to be followed. The reason is that they are available on an array of exchanges, and not all of them can be compatible with your existing wallet. That’s why getting a new coin is always a struggle. 

[Supermoon coin](https://coinmarketcap.com/currencies/supermoon/) is one such cryptocurrency which is quite challenging to purchase. To help you figure out the tricky process, here’s a simple guide for buying OSM crypto!

## How do I get the Supermoon Coin?

The following easy steps will guide you through the buying procedure for the OSM coin.
1.	Get your [Binance](https://www.binance.com/en) Wallet
Firstly, you need to get a [Binance](/news/tag/binance-tag) wallet on your device. You can easily download it on your PC with the Google Chrome extension or Apple Store. You can also install it on your Android or iOS phones via Google Play or iOS Store. 

2.	Create your Binance account
Secondly, you would need to set up your Binance account by filling in all your personal details. Then create a strong password, verify the account, and enable two-factor authorisation. Also, ensure the safety of the seed phrase provided to you and note your account address.

3.	Purchase BNB chain
To buy the Supermoon coins, you first need to purchase a Binance crypto chain. For this, sign in and go to ‘buy and sell crypto’. It will give you options like bank transfer, credit card, P2P trading, etc. Select your desired option and proceed to buy BNB, and save them to your Binance wallet.

4.	Transfer BNBs to your wallet
After that, you need to transfer this coin(s) to your wallet. Go to your wallet and look for the withdrawal button. This will lead you to a form where you have to fill in your personal details like email, phone number, account address, and the amount you want to share. Set the network as a BNB chain for a smooth transaction and proceed with the withdrawal.  

5.	Connect your wallet with an exchange
Once you have transferred Binance coins to your wallet, you can look for an exchange to trade it for the OSM coin. One of the trusted decentralised exchanges for getting the cryptocurrency is Pancake Swap. You can link your wallet with it and trade it for Supermoon. 

6.	Swap your BNB chain for Supermoon Coin
Finally, to swap BNB with OSM, you firstly need to select it as your required coin. Besides, BNB will be your payment token. Now, you will be ready to proceed with the swap. It will turn your BNBs into Supermoon coins, and you can use them for any purpose. 

## Bottom line

Purchasing OSM can be tricky, but you can easily acquire them once obtaining Binance coins. Firstly, create your wallet to purchase and transfer BNBs there. After that, link it to a reliable exchange and swap your BNBs with Supermoon coins. 




How to buy Supermoon Coin (OSM)?

The crypto market has expanded exponentially in recent years with more than 9,000 digital coins. Now, investing in cryptocurrencies has become a mainstream trend. You can now generate passive income through lending and capital gain by crypto investing or trading. Another avenue you can take is investing in the many blockchains and DeFi startups.

There is also a rising trend of real-world equity investing and trading with stablecoins. Decentralised exchanges like [FTX US](https://www.ft.com/content/8379f141-8b94-438e-8347-cb5ffdf003ac) have already begun to offer services in this area. This has opened a new gateway for buying shares in a company with cryptocurrencies. 

However, the market lacks clarity on how equity trading will work with stablecoins. To make things more straightforward, we have discussed below how retail investors can benefit from fiat-based stablecoin investing. 

## The crypto world meets the stock market

The crypto market involves digital assets that emerged only in the last decade. The stock market is a much more mature and competitive market that involves real-world assets. Stocks were considered the primary investment option by the masses. But, as the crypto world continues to grow, many digital tokens have gained investors’ attention.  

However, crypto is a precarious and unpredictable market. That’s why tokens’ real-world usage is still limited. For this reason, stablecoins were introduced, pegged with fiat currencies. But the debacle of the Terra ecosystem left a dent in their reputation. 

Now, many DEXs are looking to link stocks and stablecoins. This will even help crypto investors in buying shares in a company. Moreover, it will help in diversifying your portfolio and help increase the real-world usage of crypto coins and tokens. 

## Crypto exchanges for buying shares in a company

Buying shares in a company with cryptocurrencies is an emerging trend in the industry. There are limited exchanges that offer equity trading services with stablecoins. Here are a few names that have already started or have announced to provide this service soon.

1.	FTX US
One  of the leading digital asset exchanges, FTX, has recently announced its services in the stock market. The exchange will allow buying company shares with both fiats and fiat-backed currencies. FTX US will primarily deal with US dollar-pegged stablecoins like Binance USD and USDC (USD Coin). Also, the exchange made it clear that it would not be supporting algorithmic stablecoins like [Terra](/news/article/terra-usd) USD.

2.	Voyager Digital
Another US decentralised exchange, Voyager Digital, has also signalled toward offering a similar service. It will work as a brokerage platform and allow you to buy stocks through stablecoins. Voyager Digital will likely work with USD-backed stable tokens like USDC. The platform has announced it would begin offering the service later this year, however this looks unlikely given that Voyager filed for bankruptcy protection last month.

3.	Bitstamp USA
Yet another US-based crypto exchange, Bitstamp USA, might enter the stock trading services via stablecoins. The platform has yet to announce its plan for when and how it will introduce the equity trading service. However, the platform’s CEO, Bobby Zagotta, showed keen resolve to enter the market.  

## Bottom line

Stablecoins in the stock market can revamp the existing business model of brokerage exchanges. It can create an environment where investors can trade both real-world and digital assets in one place. Buying shares in a company may also help bring crypto investors into a regularised market and increase the real-world usage of cryptocurrencies. 




Buying shares in a company with crypto

Investing in crypto can be risky for an aggressive trader or an inflexible HODLer. This article features the top 5 crypto investment strategies that may help you manage the volatility. 

Cryptocurrencies have featured in global economic headlines for a long time. Now, it has become a source of passive income and capital gain for many. However, it has also remained a highly risky and volatile market, meaning lesser financial security. 

Besides, the uncertain digital world also goes through deadly [crypto winters](/news/article/bitcoin-price-falls) every once in a while. Currently, it is also experiencing a [detrimental meltdown](https://www.bloomberg.com/news/articles/2022-06-26/crypto-winter-why-this-bitcoin-bear-market-is-different-from-the-past) which started in the beginning of this year that has resulted in a loss of over $2 trillion.

Starting in this market environment without a plan would be dicey. Here we've laid out a simple crypto investment strategy for beginners and have discussed the 5 most important tactics you must know before entering the market. 

## 5 unavoidable crypto investment strategies

Here are the top 5 crypto investing strategies that you should never avoid!

1.	Tackle the market volatility
The foremost part of your crypto investment strategy should be to keep risks minimal. That's why, as a beginner, you should have a plan to tackle market volatility. Firstly, learning the price cycles and reading the short-term and long-term trends to familiarise yourself with market behaviour.

Secondly, neither be an aggressive trader nor an inflexible HODLer. Instead, you must find a middle ground to ensure you don't miss out on earning opportunities and have the perseverance to endure market lows. 

2.	Diversify your portfolio
Diversification of a portfolio is not only for traditional assets, but it's as crucial for digital ones. The age-old saying "don't put all your eggs in one basket" also applies to the crypto market. That's why you should not stick to only one coin, rather regularly look for innovative and high-potential projects.  

However, you should not go berserk with diversification. Ideally, investing in a basket of maximum 5 to 10 crypto currencies is beneficial as opposed to opting for a coin. Don't fall for the hype; instead, study their roadmap and consider the market cap. 

3.	Know your risk tolerance
Another critical part of the crypto investment strategy is to keep your investments within your risk tolerance range. The primary rule of investment is to not invest more than your immunity to losses. That's why you shouldn't invest your life savings, borrowed money, or health and emergency funds in any digital asset.

Since the crypto market is highly unpredictable and risky, investing more than your risk tolerance level would be a gamble. Therefore, starting with a modest amount you can bear to lose is a smart choice. Ideally, you should not invest more than 5 to 10% of your total portfolio.

4.	Utilise cost averaging
Cost averaging is the most popular crypto investment strategy. Whether you are a trader or a HODLer, you can use cost averaging to make better better risk adjusted returns in the long term. Cost averaging comprises of investing smaller amounts at regular intervals. Through this, you can mitigate the risk of unpredictable losses by investing when the market is up (at a premium) and when it is down (at a premium)- resulting in an average cost price with lower volatility.

Instead of making a single lump sum investment, you can divide your entire year's investment into small amounts. Then you can set a time for investing it, whether monthly, weekly, or daily. This will allow you to invest at the time of both upward and downward trends, which will reduce losses. 

5.	Opt for safe storage
Safe storage is a high priority for crypto investments. You will find crypto wallets or storage of two types: hot or cold. Hot ones are better for day-to-day trading, whereas cold ones work best for long-term investments. This is because hot storages have internet access all the time to make trades instantly.

In comparison, cold wallets are hardware devices on which you can store your coins remotely with limited internet usage. This makes cold wallets much more secure than hot wallets. However, you should use both as hot storage will come in handy in trading, and cold ones will keep your long-term investments safe. 

## Bottom line

Cryptocurrencies prices are spiralling downwards as the market goes through a bearish trend. In this situation, you would be better off with a strategy than without one. The key to investing in crypto is a balanced approach and using safe storage for your digital assets. Consider cost averaging and diversification to help you achieve less volatile risk adjusted returns. You should always be aware of market trends and risk tolerance to avoid losses due to short term market timing.









Crypto investing strategy for beginners

There are plenty of ways to make money from growing your crypto portfolio through crypto lending, HODLing, mining, etc. However, one can grow crypto through staking, airdrops, interest accounts and gaming as well. 

Here we’ll be explaining some basics of growing your crypto but don’t forget – before any new investment, be sure to DYOR (Do Your Own Research) as well.

## Crypto Lending

Crypto lending could enable you to generate an extra revenue stream without much effort. 

Basically, if you already have some cryptocurrencies stashed in your wallet, you can lend them to other crypto users or platforms. 

[DeFi](https://www.ledger.com/decentralized-finance-defi/) protocols have become massively popular nowadays. And why wouldn’t they? Via DeFi protocol, an average user can get an instant loan without having to wait in a queue, read small letters on 100-page agreements, sign tons of documents, or find three bondsmen and put the second mortgage on the house.

On DeFi platforms, so-called smart contracts replace third parties and enable users to lend and borrow digital assets from each other.

Smart contracts are smartly coded transaction protocols meant for automatically executing, documenting or controlling operational processes (i.e.borrowing or lending money) as per the signed terms of a contract or an agreement. No human intermediary is necessary as the whole is fully automated. 

To completely secure your investment, you can lend out stablecoins and generate around 1 to 11% APY. 
 
However, it’s important to understand what collateralized loans are. Basically, they’re making sure a borrower doesn’t just take your money and run.

Most crypto lending platforms are, therefore, dealing with over-collateralized loans. It means that a certain lending protocol needs you to collateralize your loan with some crypto minimum. (e.g. 150% of ETH). If a borrower takes $1,000, he automatically locks no less than $1,500 worth of ETH as collateral. 

This is to make sure the lent funds are safe even if the borrower cannot pay back the loan.
You can lend your crypto in multiple ways. 

Decentralized protocols will lend your cryptocurrencies for a set interest rate and it will generate interest for you. Because there are no intermediaries, you get bonds (usually tokens) through the smart contract and they act as proof of the amount you lent. 

However, if this sounds too complicated, you can always choose to lend your crypto through centralized platforms. However, that would mean you’re not really the crypto owner and you could even pay a service fee. 

## Crypto Staking

One of the simplest ways to increase your crypto portfolio is crypto staking.

Staking offers an exciting opportunity to receive rewards for participating in blockchain validation. However, while it may seem simple and easy to get involved, staking is more complex behind the scenes and introduces unique risks.

One of the factors that differentiate cryptos from fiat money is that the people who use them are the ones operating them. Bitcoin, for example, completely depends on its numerous network participants (nodes) to work in balance via [consensus protocol](https://www.ledger.com/academy/consensus-protocols-how-are-blockchains-secure) called proof-of-work. 
 
## What is a Proof of Work?

Those who run fully operating Bitcoin nodes a.k.a. miners, put all recent transactions in the form of a block of data and repeat the process every ten minutes (so-called Poisson process). Each block has to refer to the previous block to become verified. After a block is mined, it is not visible right away, and until they find out about it, miners are competing against the new block instead of adding to it.

The [Bitcoin](/news/category/bitcoin-news) network uses a proof of work (PoW) mechanism to achieve the mentioned consensus.

Even though this can sound a bit complicated - the main concept is pretty simple.

We obviously cannot be sure of the exact identity of the miners to decide who will be the next block's creator so we can create a hard-to-solve puzzle that needs a lot of work to be answered but can be verified and checked very quickly.
To solve the puzzle, miners have to find the right hash (a unique code for a text or data file). They have to spend a decent amount of their resources on hardware components and electricity for that manner, but the award for each new block they find is – a Bitcoin.

## What is Proof of Stake?

Popularized back in 2011, the Proof of Stake (POS) consensus algorithm was presented as the solution for all the problems Proof of Work might have had.

The PoS consensus mechanism eliminates the high computational and energy requirements of the PoW. This upgrade in the consensus mechanism has been dubbed Ethereum 2.0 as it enables Ethereum network nodes to comply with the state of all previously recorded information on the Ethereum blockchain and avoid possible economic attacks.

Proof of stake demands that miners invest in and hold on to some store of value without the immediate need for spending energy in order to vote.

The PoS algorithm uses a pseudo-random selection process to choose a node that will validate the following block regarding various factors such as the staking age, randomization, and the node's wealth.


## Yield Farming

During the so-called Defi Summer of 2020, yield farming became pretty popular while crypto participants hurried to become “yield farmers.”  

Some DeFi protocols kept rewarding their early adopters with retrospective airdrops, giving users free tokens with a high Annual Percentage Yield (APY) as gratitude for using the protocol first. They were also urging the next phase of the platform’s growth with liquidity mining programs.  

Crypto APY is a  number high enough to attract yield farmers and liquidity providers to one platform over another.

## HODL

The word HODL (from the English HOLD, but misspelled refers to the decision to acquire an asset and keep it in the longer term). 

The whole strategy is based on buying cryptocurrencies at low prices so that you can earn gains when, in the future, the value of this cryptocurrency increases.

Analysis show that HODL came out to be one of the most profitable investment strategies, especially when it comes to Bitcoin HODL-ers. 


Guide to crypto lending, staking and HODLing

In recent years, the online gambling industry has progressed tremendously as it is worth [61.5 billion USD](https://www.statista.com/statistics/270728/market-volume-of-online-gaming-worldwide/) and is expected to grow by 86% in 2028. The primary reason behind its growth is the inclusion of cryptocurrencies in gambling. 

Now, various online casinos deal in fiat currencies and digital tokens. One of the most popular options is mBit Casino which is ideal for [Bitcoin](/coins/btc) players. But, like any other online gambling platform, critics question its legitimacy. Are you wondering whether this casino is white-labelled or not? Read this review to find out the truth! 

## How does gambling work on mBit Casino?

mBit is a Bitcoin wagering platform that is regulated by the Curacao government. You can anonymously register on it and start gambling in Bitcoins. However, if you want to bet with fiat currencies, you would need to provide your personal details. It offers a variety of game categories and payment options. 

Other than Bitcoin, you can gamble with Ethereum, Dogecoin, BitcoinCash, Litecoin, and Tether. It gives you jackpot opportunities like Mega Moolah, or you can try your luck with free spins. 

## Prominent features 

1.	Deposit/no deposit welcome bonuses
You can either deposit an amount initially or start without it. In either case, you will get welcome bonuses. mBit no-deposit welcome bonus will be 50 free spins. Whereas your initial 3 deposits will earn you 250 spins and up to 2.5 BTC.  

2.	Variety of game types
The range of game categories it offers is another distinctive feature. You will get a table, poker, jackpot, slots, and live dealer games. These games are backed by reputable gaming providers. 

3.	Anonymity and security
Crypto gambling will ensure that you remain anonymous. It doesn’t require personal information and keeps you safe from data thefts. Curacao regulates the casino and it has the backing of CoinGaming.io and Direx NV, making it a secure space for gambling.

4.	Withdrawal speed and payment options
Its speedy withdrawals and numerous payment methods are other special features. For transactions, you will have options like bank transfer, Visa, MasterCard, Skrill, Accentpay, and many others.

## Final Verdict: Is mBit Casino legitimate?

In a nutshell, yes, it is a legit, white-label platform for Bitcoin gambling. The Curacao government oversees its regulations which ensures the platform’s safety. Its affiliation with CoinGaming.io and Direx NV further verifies its authenticity. 

Besides that, the range of secure payment options like Visa, MasterCard, Skrill, and others, adds to its credibility. So, good news for Bitcoin gamblers: mBit Casino is legitimate, making it one of the favourites to go!




mBit Casino Review

Dogecoin is a cryptocurrency that started as a joke in 2013 and became the highlight of the crypto space in 2021. Last year, DOGE saw a surge of over 200% as [Elon Musk](/news/article/elon-musk-doge), Tesla Founder, started advocating for the token.  

However, today, the [Dogecoin price](https://coinmarketcap.com/currencies/dogecoin/) is stuck around $0.065 only. Its lack of real-world usage and dying hype are some reasons behind its decline. That’s why many investors are opting out and selling their Dogecoins. 

If you are looking to sell DOGE after considering the current market trends, follow this simple stepwise guide!
How to sell Dogecoin?

### The following guide will show you how to sell DOGE in a step-by-step manner:

1.	Find out a crypto exchange to sell DOGE 
Firstly, find a credible crypto exchange through which you can sell your Dogecoins. You can trade this cryptocurrency on numerous exchanges; you should go for popular and credible names like Binance, Kraken, OKX, or Coinbase.

In addition, you should check the trading fees and the withdrawal fees on each. Besides, consider the exchange rates for tokens or fiat currencies.  

2.	Set up your account
Afterwards, set up your account on the exchange so that you can send and sell DOGE through it. It will be a straightforward process, where you will need to provide your email and phone number. Then set up a secure password and verify your details through the verification code provided via email. Finally, agree to terms and conditions and proceed with signing up.

3.	Transfer Dogecoin to your exchange wallet
Once you have set up your account on the exchange, you will be ready to send your Dogecoins to its wallet. You can do that simply by going to the wallet, choosing Dogecoin as your depositing token, and proceeding with the deposit. 

It will open a form where you would need to fill in the details of the amount and from where you want to transfer your Dogecoins. Here copy-paste your wallet address, where you currently hold the coins. Verify the address and insert the amount of transfer. Finally, click on send and wait for the deposit confirmation. 

4.	Finally, sell Doge!
Now, sell DOGE by either selecting a limit or market order. A limit order allows you to exchange Dogecoin at your desired limit, while a market order allows you to sell at the current market price of the coin.  

## Conclusion

Selling Dogecoin is a straightforward procedure that includes selecting a trusted exchange and creating an account there. After that, transfer your Dogecoins to the exchange wallet and finally sell DOGE through either limit order or market order. This guide only simplifies the procedure of selling this digital coin. Therefore, it’s advisable to conduct your research before making financial decisions.  



Sell DOGE in 4 Simple Steps

Guides/Reviews

This is the home of how-tos and guidelines. Looking for the best trading platform for you? Wondering which new coins are worth your time? This is the place to find out!

SUBSCRIBE TO NEWSLETTER

blue image of circuitboard with auros logo overlayed

Auros Resolves Liquidity With $17M Funding 

red image of person closing business with spankpay logo

SpankPay Crypto Payment Service Shuts Down

pulse x crypto logo on image of crypto exchange

Latest Moni

Guides/Reviews | Page 5