Are you desirous of joining the non-fungible token (NFT) revolution and looking for the largest NFT marketplace fit for your design or artwork? Don’t worry; we’ve got your back. 

Whether you’re an artist, designer, or creative, there’s an opportunity in NFT space waiting to be exploited – if you play your cards right. 

According to an October 2021 [Bloomberg report](https://www.bloomberg.com/news/articles/2021-10-29/here-s-a-532-million-nft-trade-that-wasn-t-what-it-appeared?leadSource=uverify%20wall), CryptoPunk #9998 is the most expensive NFT ever sold at $532 million. 

There are many other success stories. However, your financial success story as an NFT creator begins and ends with exploring different NFT marketplaces and selecting one that fits your NFT. 

## Choosing the largest NFT marketplace

NFT marketplaces, often referred to as the eBays and Amazons of the digital world, are gateways for anyone interested in buying or selling the latest digital assets, from music to works of art or digital land. Just like traditional markets, there are dozens from which to choose. Since you need one that caters to your specific niche, we have compiled a list of largest NFT marketplace options to help you decide.

## OpenSea

The popular [OpenSea](/news/article/haas-f1-opensea-collaboration) is the largest NFT marketplace. 

Founded in 2017, it currently supports ETH, $MATIC, and Klatyn blockchain. OpenSea features all categories of NFTs, including digital art, utility, collectibles, music, sports, and virtual worlds. Users can trade leading NFT projects like Decentraland and CryptoPunks. The platform's mining tool is its most fantastic selling point, enabling content illustrators and creators to develop and create their own NFT collections.

Also, users can mint NFTs directly from their websites onto the Ethereum blockchain, meaning they can convert their artwork now with the click of a button.    
 
## Pros 

•	Creators don't pay gas fees until they sell.

•	Limitless choice of NFT collectibles.

•	Different payment options.

•	Compatible with iOS and Android OS devices.

•	Supports up to 14 crypto wallets.

## Cons 

•	10% royalty paid is relatively low.

•	Doesn't support fiat currencies.

## Rarible 

As a community-owned NFT marketplace on the Ethereum blockchain, [Rarible](/news/article/rarible-nft-marketplace) dramatically emphasizes the social aspect of its business and allows users to track their peers’ general activity. The platform enables users to create ERC-721 tokens besides being able to add royalties or build smart contracts as miners. Moreover, Rarible offers a unique regulatory crypto called $RARI, which users can earn via weekly pay by interacting on the platform by buying or selling NFTs.   

## Pros 

•	Artists can pick up to 50% of their future income.

•	Easy-to-use marketplace with a user-friendly interface.

•	Hassle-free NFT creating and selling.

## Cons 

•	High gas fees.

•	Unresponsive customer support.

## NBA Top Shot 

A brainchild of the NBA and Women’s NBA, the NBA Top Shot is famous for tokenizing all NBA top players by recording their different outstanding performances into NFTs as cards. 

NBA Top Shots runs on the Flow Blockchain from Dapper Labs. That platform that runs as a private NFT marketplace gives users the right of ownership and credibility besides allowing them to trade NFTs on the site.

## Pros 

•	Flow blockchain is cheaper than Ethereum.

•	Best for people using debit/credit cards.

•	NFTs have a great resale value. 

•	New NFTs released often.

## Cons 

•	Limited cryptocurrency support.

•	The project is still in its infancy.

•	It only deals with NBA stuff. 

## SuperRare

Like the name sounds, SuperRare is an NFT marketplace dedicated to unique NFT collectibles. The platform that has distinguished itself as the upmarket alternative of Rarible presents a polished user interface that's extensively curated, giving it a minimalist appearance. SuperRare pays out 85% of NFTs' total sales price to artists and keeps 15% as fees, while creators receive a 10% royalty on all their secondary sales. 

Buyers pay a 3% transaction fee for every transaction, and all payments are made using Ether (ETH).

## Pros 

•	Offers exclusive NFTs.

•	Excellent user interface.

•	High royalty fees.

## Cons 

•	High commission rate at 15%.

•	Only accepts ETH as payment.

## NiftyGateway

NiftyGateway partners with businesses and leading artists to create NFT collections called Nifties that users can transfer to their crypto wallets and personal collections or display on the Metaverse. The platform is ideal for users who make or trade top-of-the-range exclusive NFTs. Individuals buying exclusive NiftyGateway NFTs are assured of a high-end market offering limited edition collectibles. Nonetheless, leading projects like Bored Apes and CryptoPunks don't feature due to many existing restrictions.  

## Pros 

•	Custodial marketplace.

•	Best for newbies without technical skills.

•	Allows using credit/debit cards.

## Cons 

•	It doesn't support crypto wallets.

•	Exclusive for influential artists.

## Foundation

Foundation NFT marketplace aims to advance the digital art and cryptocurrency culture by making it easy to trade, besides promoting disadvantaged users. The platform primarily focuses on art projects, and the leadership team is famous for holding live auctions that streamline the bidding procedure. 

Foundation gives creators 85% of the NFT sales price and keeps 15% as commission, while artists are given a 10% royalty. You may want to know that [Nyan Cat NFT](https://www.nytimes.com/2021/02/22/business/nft-nba-top-shot-crypto.html#:~:text=In%20the%20final%20hour%20of,Roughly%20%24580%2C000.), a renowned NFT, was sold on Foundation.

## Pros 

•	Easy-to-use interface.

•	Artists receive a 10% royalty fee.

•	Runs an auction systems.

## Cons 

•	Invite-only platform.

•	High commission rate.

•	High gas and minting rates.

## Binance NFT

Binance is a world-class crypto exchange that launched an NFT platform in 2021. It has become a popular contender due to its diverse Metaverse collectibles. Despite being a new digital asset marketplace, Binance already features over 800 creators and a massive following of collectors. While users in other platforms pay between 2.5 and 5% transaction fees for secondary and up to 5% on primary transactions, Binance charges 1% and avails numerous payment methods. However, sellers receive only 1% as royalties.    

## Pros 

•	Highly trusted in the crypto sphere.

•	1% transaction fee for sellers, buyers, and traders.

•	Free account creation and verification.

•	Easy-to-use interface.

## Cons 

•	Both buyers and sellers pay the fee.

•	New entrant and lacks rarest NFTs.

## How to choose the largest NFT marketplace

The best way to choose the largest NFT marketplace starts with deciding which category of digital asset you want to create, buy or sell. Since NFTs represent anything from videos, collector items, written word, music, and more, narrowing your area of interest and considering the type of token supported are good starting points. Moreover, confirm a platform's security protocols and whether it's had any [breaches](/news/article/nft-hackers-passports) in the past.


Pink Image of Person Making an NFT with Marketplace Icon overlayed

Largest NFT Marketplace Options in 2023

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

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?

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

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

Blockonomics

Blockonomics has gradually become synonymous with the use of [cryptocurrencies](/news/article/impact-of-cryptocurrency-on-society) in electronic commerce (e-commerce) stores. Millions of people in today's world are open to the use of cryptocurrencies due to the possibilities of their underlying infrastructure in the form of blockchain technology. Unfortunately, many mainstream companies have yet to welcome the potential of cryptocurrencies, continuing to see cracks in the emerging asset class. 

To those still skeptical about e-commerce companies that support cryptocurrencies, Blockonomics has entered the crypto finance industry. It has the essential features to make decentralized finance transactions relatively easier for businesses and their customers.

## Blockonomics explained

As a Bitcoin payment service, [Blockonomics](https://www.blockonomics.co/merchants#/) enables its users to use its tools to accept and track Bitcoin payments. The service was launched in December 2014 when its Bitcoin wallet watcher was made available to the Bitcoin Talk Community.

Due to the project's uniqueness, around 5,000 people became registered users of the platform in January 2017. To bring mileage to the project, Blockonomics co-sponsored WordCamp Prague 2020 and saw more than 4,000 active WordPress installations. After overcoming the bears brought forth by the pandemic, which led the financial markets to their knees, the organization announced PrestaShop, an open-source e-commerce platform, as its official partner in April 2021. In July 2022, when the crypto market was healing from the bloodbath created by the collapse of the Terra ecosystem, Blockonomics became the most rated and used Bitcoin WHMCS plugin.  

The company is attuned to the current developments in the job environment and has a fully remote team distributed across several locations in Asia, Europe, and North America. 

As a payment gateway, Blockonomics has the necessary plugins that could be employed by online merchants that want to activate Bitcoin payments on their websites. Online merchants that settle on Blockonomics will see payments go directly to their wallets.

Due to the company's strong belief in decentralization, it has freed its clients from the essential element in centralized finance called Know Your Customer (KYC). The firm does not demand any documents from its customers, since the essence of blockchain technology, cryptocurrency, and Web3 is to decentralize all aspects of our lives. With no document reviews, online merchants set up accounts in less than five minutes using the company's technology.

Merchants can accept Bitcoin by connecting their accounts to popular e-commerce services such as Easy Digital Downloads, Prestashop, Opencart, Squarespace, Shopify, WordPress, WIX, and WHMCS. 

According to the official website of Blockonomics, payment links can be shared through email, social networks, and instant messaging to receive payment in Bitcoin. In addition, payment buttons can also be embedded on custom websites. 

## Does Blockonomics accept other cryptocurrencies?

Aside from the largest cryptocurrency exchange by trading volume in the form of BTC, the firm allows merchants to accept Bitcoin Cash (BCH). BCH is the native asset of Bitcoin Cash, a blockchain forked out of the original Bitcoin blockchain. BCH is primarily seen as the digital asset that performs the transactional attributes of [Bitcoin](/news/article/bitcoin-prime-review), while BTC is seen by many as a store of value. 

BCH remains a top 30 digital asset by market value despite shedding more than 90% of its all-time high (ATH) of [$4,355.62](https://coinmarketcap.com/currencies/bitcoin-cash/) in December 2017. Many people may ask why BCH was chosen ahead of others, such as Ethereum, and it's because BCH processes more transactions than BTC and ETH. ETH will be processing more transactions when its Proof-of-Stake (PoS) transition reaches full functionality. Also, BCH has a relatively lower processing (transaction) fee.

To contribute to the mission of Satoshi Nakamoto in reducing the reliance on centralized finance, Blockonomics does not charge fees for the first 20 payments received by merchants. After the 20th payment clears, the Bitcoin payment gateway charges a 1% fee for each transaction.

## Are there alternatives to Blockonomics? 

Like every product in the market today, this service has many competitors. Among them, Coinbase Commerce by Coinbase Global Inc., which runs the largest cryptocurrency exchange by trading volume in the US, is one of the biggest competitors.

This is because Coinbase Commerce is backed by a crypto exchange that houses many cryptocurrencies, giving customers options in crypto assets from which to choose. Aside from Coinbase, other alternatives include, but are not limited to, UberPay Multicoin Wallet, CoinGate, Coinomi, Mycelium Gear, Cryptopay, GoUril.io, GoCoin, OpenNode, Paytomat wallet, Plisio, Stampery, Flyp.me, Bitcompare, B2BinPay, CoinRemitter, PrivacyGate, WAGSI, Binocs, Payid19, Sendfy, and Confirmo. 

## Conclusion

Although Blockonomics may not be the best Bitcoin payment gateway in the current crypto environment, where more projects are added to the industry daily, it is one of the top gateways.

Online merchants do not have to deal with any middlemen, and there are no rules, regulations, or compliance requirements. Aside from that, even novice merchants can set up an account within minutes. The service also supports most wallets that can facilitate access to the Bitcoin network and store [BTC](/coins/btc), such as Ledger, Trezor, and Exodus.

Blockonomics operates within areas where malicious programs continue to prey on vulnerable applications. As a result, the company has the necessary security encryptions to safeguard the safety of transactions.


Blockonomics Explained

[FXPro CopyTrade](https://fxprocopytrade.com/) is one of the most reliable platforms for Forex trading in the United Kingdom, according to FXPro review articles. It offers unique investment instruments like CFD and spread betting, making trade more accessible for everyone. 

The platform extends its services for digital assets as well. It is the reason it has also gained popularity among [crypto investors](/news/tag/investing-tag). With its variety of financial products and support for numerous cryptocurrencies, it promises to be a complete platform. 

If you are unsure whether this crypto broker would be an ideal choice in the UK, read this FXPro [review](/news/tag/reviews). Here we have discussed its strong points and some trade-offs to help you make an informed decision. 

## FXPro review: The upsides of using the platform

1.	It is an FCA-approved broker

[Crypto regulations](/news/article/uk-crypto-license) in the UK are pretty strict for virtual asset service providers. Even so, FXPro has secured the approval of Britain’s regulatory authority. The Financial Conduct Authority ([FCA](https://www.fca.org.uk/)) has authorised a subsidiary of this platform known as FXPro UK Ltd. This ensures crypto traders the security of their funds. 

Meanwhile, the broker is also part of the Financial Services Compensation Scheme ([FSCS](https://www.fscs.org.uk/)). This allows traders to get compensation in case the platform goes bankrupt. 

Moreover, it has the authorisation of the regulators of the Republic of Cyprus, CySEC. Other regulators with which it is registered are [SCB](https://www.sc.com/) and [FSCA](https://www.fsca.co.za/Pages/Default.aspx). Besides, it has earned [several awards](https://www.fxpro.com/awards) for its transparency and performance, which speaks for its credibility. 

2.	Account choices

On this brokerage, you will find four major options for your account. It can support accounts of the following automated trading platforms:

•	MetaTrader 4.

•	MetaTrader 5.

•	cTrader.

•	ProEdge.

On these platforms, you can enjoy spread betting and contract for difference (CFD). The least amount you can deposit in these accounts is $100. Meanwhile, the tightest spread is available on cTrader. However, you have to pay an additional fee of $9 per lot. In comparison, other platforms include the trading costs within the spreads.  

3.	Payment options and supported currencies

FXPro also offers you plenty of payment options, which allow easy deposits and withdrawals. It ensures that the deposits are swift and instant via most options. However, bank transfers may take longer processing time. For withdrawals, it usually takes one day. But there might be delays in payment reaching your account. 

## The available payment options are: 

•	Bank transfer.

•	Paypal.

•	Visa.
	
•	Skrill.

•	Mastercard.

•	Neteller.

•	Unionpay.
	 
You can also deal with up to eight fiat currencies on these platforms, including USD, GBP, EUR, JPY, AUD, ZAR, CHF, and PLN. Other than [Mastercard](/news/article/crypto-trading-services-mastercard), all other options support all eight currencies. The withdrawal fees range for most of these payment methods is 2% to 2.6%. Besides, the platform supports more than 30 cryptocurrencies, on which you can gain a 2:1 leverage.

4.	Trading tools

The brokerage also offers a suite packed with various helpful trading tools. Firstly, there is a Trading Central through which you can get in-depth technical analysis. Its professional guidance can help you gain better knowledge of the trends and put you in a position to make better profits. 

Secondly, there is an economic calendar through which you can schedule trades, mark important events, and forecast. Apart from that, there is a virtual private server (VPS) and trading calculator to estimate your gains and losses. 
However, it is quite limited compared to some of the top-rated brokers like [eToro](/news/article/etoro-uk-review), PepperStone, or AvaTrade. 

5.	Ease of use and interactivity

An FXPro review also shows that it is an easy-to-operate platform, allowing its clients convenience. You can manage its accounts either online, on your desktop, or on your smartphone. So, you can carry on with your trades without any limitations.

The ProEdge app is particularly impressive in this regard. It offers various CFD asset classes, more than 50 indicators, charts, and other widgets. Also, you can choose from six types of charts along with some level of layout customisability.

6.	Beginner-friendly platform

You can easily get started with this broker if you are a beginner. It offers a demo account, allowing beginners to understand the working of its tools. Also, you can learn to make actual trades. Besides, there is appropriate guidance on FXPro CopyTrader. It has introductory courses for understanding the concepts of spread betting and CFD. 

Additionally, there is customer support available in multiple languages. You can ask your queries via a toll-free number if you are from the UK, Germany, UAE, Russia, or France. Support is accessible from Monday to Friday throughout the day. 

## FXPro review: The drawbacks

Below are a few drawbacks we found while doing the FXPro review.

1.	Trading fees

Its trading fee is one of the most significant trade-offs. The deposit and withdrawal fees on FXPro CopyTrade are comparatively higher than other brokerages. The fee on deposits usually depends on the platform the sender uses. It is the same for withdrawals too. 

However, some payment options like Skrill and Neteller may charge an additional fee of up to 2.6%. According to the criteria, if you have not traded before requesting the withdrawal, you will be charged 2% on Neteller and 2.6% on Skrill.

2.	No crypto CFD trades for UK retail clients

Another drawback of the FXPro is the lack of support for trading cryptocurrency CFDs in the UK. Currently, it does not extend support for CFD trading for UK retail customers. 

3.	Lack of advanced educational material

It is a beginner-friendly platform that offers good basics of trading. But it does not provide advanced content to help the traders grow. There are no blogs or other educational sources which explain the concepts of CFD and forex. 

## FXPro review: Final verdict

Our review of the FXPro found that it is indeed one of the most credible brokers in the UK. It has secured the approval of several regulators, including the [FCA](/news/article/cryptocurrency-investment-uk). Meanwhile, it offers a range of financial products, analytical tools, and account choices which gives it an edge. However, its trading fee is comparatively higher and does not allow UK retailers to make CFD trades.



FXPro Review - UK Crypto Broker

Are you a hardcore crypto believer or a greenhorn getting your feet wet in Web3? Regardless of what stage you are on your blockchain journey, sooner or later you'll create and receive value in the form of cryptocurrency. When you do, you'll [need a wallet to store them](/news/article/crypto-wallet-multiple-currencies), and Trezor is an option.

In this article, we'll examine three reasons to go for the [Trezor Wallet](https://trezor.io/).

•	Security

•	Anonymity

•	User experience

## Security

When it comes to security, there are no 100% guarantees, but the Trezor team pushes the boundaries towards perfection with the procedures and features they have in place to protect the assets of their customers.

One feature that comes to mind would be the capability of on-device interactions like passphrase and PIN. With the Trezor Model T's touchscreen display, the above on-device interactions increase the security of your assets when your wallet is connected to another device. It's got great cryptography courtesy of features such as SLIP-39 Shamir on the Model T and BIP-39 passphrase.

## Anonymity

You can always go one step further in securing your crypto assets with Trezor wallets. It's one thing to have the technical ability to wade off hackers, but what if you hide your stash so they don't even know what to look for?

Switching to a Tor browser for your Trezor wallet can protect two vital pieces of data about you. They're your IP address and extended public key (xpub). Your IP address reveals your ISP and country, while your xpub data shows how many coins are stored in your wallet. If hackers get their hands on such an IP address, they'll try to find funds associated with it.

And no one wants criminals selling such information on the black market or going for your physical address. Using a Tor browser severs the public link with your Trezor xpub so that even if the Trezor database is hacked, they won't get to your IP address.

## User Experience

With Trezor, you get seamless onboarding regardless of your experience with Web3. Once you get your hardware, Model T or Trezor One, download the Trezor suite and install it. In just a few minutes, you'll be through with the entire setup.

Onboarding aside, your day-to-day use of your Trezor wallet is made easy with the touchscreen display. It's an OLED display with 128×64 pixels for the Trezor One and a 240×240 pixel LCD for the Trezor Model T. 

Regardless of your choice, the displays are easy to read and interact with because they emit vibrant colors and show legible text. Despite the small screens, accessing information through clicking and reading is near error-free.

## Wrapping Up

With the recent events unfolding in the crypto industry, it's important to have a secure place to keep your cryptocurrencies. All that chaos with crypto platforms like the [liquidity crunch at FTX](https://techcrunch-com.cdn.ampproject.org/v/s/techcrunch.com/2022/11/08/binance-signs-letter-of-intent-to-acquire-ftx/amp/?amp_gsa=1&amp_js_v=a9&usqp=mq331AQKKAFQArABIIACAw%3D%3D#amp_tf=From%20%251%24s&aoh=16679837828856&referrer=https%3A%2F%2Fwww.google.com&ampshare=https%3A%2F%2Ftechcrunch.com%2F2022%2F11%2F08%2Fbinance-signs-letter-of-intent-to-acquire-ftx%2F) and, formerly, hardcore [Dogecoin](/coins/doge) speculators suing [Elon Musk lends credit to the skepticism of Bill Gates](https://news.sky.com/story/elon-musk-sued-for-258bn-over-claims-he-ran-a-pyramid-scheme-to-promote-dogecoin-12635334).


Why Consider a Trezor Wallet?

[Bitcoin Prime](https://www.business2community.com/cryptocurrency/bitcoin-robots/bitcoin-prime-review) is a cryptocurrency bot. It is a trading service that automatically analyses the cryptocurrency markets for trading opportunities. Read on for a Bitcoin Prime review.

Bitcoin Prime executes trades on users' behalf when it discovers potentially profitable situations. According to the website, up to 90% of their deals are profitable under favourable market circumstances. 

The platform's performance is shown by its AI system, which detects and responds to price trends. While it does not disclose the intricacies of its algorithm, it searches for many of the tried and proven technical patterns that traders worldwide use to earn money.

It is available for free. All users need to begin is a $250 down payment. The platform generates revenue by charging a 2% fee on successful accounts. However, investors will not pay a commission until their trading account earns money.

## Bitcoin Prime review - How the platform works 

The [platform](https://bitcoinprimeapp.com/) monitors price changes in 14 major cryptocurrencies, including Bitcoin, BTC Cash, Ethereum, Litecoin, Bitcoin Gold, ZCash, Dash, Ethereum Classic, [Cardano](/news/article/cardano-hard-fork), IOTA, EOS, NEO, Binance Coin, and Ripple.
 
Bitcoin Prime initiates a transaction when the algorithm identifies a price pattern. Furthermore, it will place an order in the user's [brokerage](/news/article/genesis-crypto-claim) account and track the deal as it progresses. When the time comes to close the position, it will issue the order, and all money, including any gains, will be refunded to their account (minus a 2% commission for profitable accounts). The algorithm also learns from successful and unsuccessful transactions to trade more consistently and successfully in the future.

[Bitcoin](/news/article/bitcoin-dropping-price-us-news) Prime promises to be open for business every hour of every day. While trading on the system requires little effort, users need to tweak the algorithm's settings to be effective in different market circumstances. One of the good features of the platform is that it offers a plethora of instructional resources and a sample account to allow you to understand how the algorithm works.

Most importantly, investors' monies are in third-party broker accounts. It can issue trading orders using the funds in your account but cannot directly access your cash. Because only you have access to your money, this might give some security when utilising this service. Users can withdraw funds at any moment and receive a payment within a few hours. 

## Bitcoin Prime - Is it worth the investment?

Bitcoin Prime is legitimate and has received positive feedback from sites such as Trustpilot and testimonials.

However, we highly advise potential investors to do their homework and weigh the possible hazards before joining up and depositing money into the platform.


Bitcoin Prime Review - Fraud or Legit?

Biticodes is a crypto trading bot marketed as the most accurate AI auto-trading software in the crypto industry. Its site further states that it is designed to give users the best trading experience and apply the most sophisticated trading strategies.

Is all this just marketing lingo, or does the bot deliver?

## How it works

[Biticodes](https://biticodes.com/) uses high-speed artificial intelligence algorithms to look for trading opportunities and place trades on behalf of users. Users only have to monitor its performance once in a while to ensure everything is working well.

It is also not entirely autonomous. Biticodes can be customized to a user's needs. It can, for example, be tweaked to trade based on a trader's strategy and risk tolerance.

## Key features

There are a few notable features that enable the Biticodes bot to stand out.

•	Speed: It is powered by the Biticodes quantum machine designed to make quicker and more efficient trading decisions. It is faster than any human trader.

•	Multi-asset platform: Users can trade many digital assets, including the most popular cryptocurrencies like Bitcoin, [Ethereum](/coins/eth), Solana, Cardano, and XRP.

•	Demo account: There is a demo account for investors who wish to test its capabilities before committing any funds.

•	Personal account manager: Each user, after registration, gets a dedicated personal account manager to help with any inquiries or when they get stuck.

It also features high security, advanced risk management tools, and 24/7 customer support.  

Users must part with a minimum of $250 to access the platform. There aren’t any other charges. Members can withdraw funds at any time. There are many withdrawal options.

According to its site, it is compatible with all devices, including desktops, mobile, and tablets.

## Is it a scam or a legit bot?

There are many things to like about Biticodes. However, there are a few things that raise concerns about its legitimacy. Some of them include;

## The promise of high returns

According to its site, it claims 96% proven accuracy. Also, 94% of its users have seen instant profits. Users see a profit of $500 to $1,500 daily, depending on how much time they spend on their accounts. Its claimed high success rate is a red flag.

The crypto market does not guarantee any returns, let alone high returns. The market is highly volatile, making it highly unpredictable.

## Questionable legitimacy

Most of the articles that review the platform question its legitimacy. There are a few positive reviews on its site, but some reviewers have quickly pointed out that they may be fake. The platform is best approached with a lot of caution.

## Final word

Biticodes appears to be a good crypto trading bot, considering all it offers. However, its exaggerated high success rate and proven rate of accuracy are things about which to worry. The platform requires extensive research before considering using it. Its demo account should be the first destination for anyone who wants to test its capabilities without spending any money.



Biticodes Review: Legit or Scam?

Among 500 registered crypto exchanges globally, [Bitforex](https://www.bitforex.com/) is one of the best known for its customer experience.

Along with a wide range of trading tools like spot, margin and future trading, BitForex Earn, [NFT marketplace](/news/article/solanart-nft-marketplace), and Crypto Loans, the exchange has very low fees, high liquidity, and multiple layers of security.

It launched in 2017 and has more than six million users across 200 nations. The exchange even helps new projects to gain exposure. Recently, it became the first crypto exchange to [support IOTA's Shimmer Network Token](https://www.newsfilecorp.com/release/139998/BitForex-Becomes-the-First-Exchange-to-Support-IOTAs-Shimmer-Network-Token).

## Who runs Bitforex crypto exchange?

With its head office in Hong Kong, [Bitforex](https://www.bitforex.com/) is led by Jason Luo and is becoming one of the fastest-growing crypto exchanges due to its high security and variety of trading tools. The exchange provides token and margin trading, BitForex Earn, NFT marketplace, and futures contracts with leverage up to 100x.

The crypto exchange raised more than $20 million in the funding round from famous VCs like Crypto Capital, TRON, Genesis Capital, and Block VC.

## Geographical presence

Registered in the Republic of Seychelles, the exchange is maintained and run by an international team who resides in different corners of the world, such as Germany, Singapore, Malaysia, Estonia, and the Philippines.

## Features of this crypto exchange

•	Deposit: The users can deposit funds into their Bitforex account using multiple methods such as Wire transfers, cryptos from other exchanges, credit and debit cards, cash, and bank account transfer.

•	Web presence: The platform can be accessed via the web and mobile app on Android and iOs.

•	Even the mobile web version of this exchange is user-friendly.

•	The trading system is capable of handling more than 1.6 million trading orders per second.

•	Bitforex has 163 listed major cryptocurrencies in 360 trading pairs.

•	It gives its users a vast variety of virtual assets to trade, such as the assets with top market cap, [DeFi tokens](/articles/learn-moni/what-is-a-defi-token), NFT coins, [meme tokens](/news/article/meme-coin-invest), etc.

•	It does not charge any deposit fee and the withdrawal fee depends on the network.

•	Bitforex also has a decentralized token mechanism for ERC-20 tokens known as EasySwap, which has no gas fee, very low slippage cost, and offers more than 980 ERC-20 tokens for trading.

## Are funds safe?

The team at Bitforex is concerned about the security of their user's funds, hence they have the following security features.

•	Only 0.5% of the total funds are kept in hot wallets to ensure easy withdrawals and security.

•	The exchange has multi-factor authentications like 2FA, SMS verification, and insurance security coverage to safeguard the funds.

•	To add further protection for the safety of its user's funds, the exchange keeps 98% of the funds in different multi-sign offline cold wallets across various locations.

## Final word

There is no surprise, given how interactive and innovative the platform is with the wide selection of products, that BitForex appears all around a good platform despite being a newcomer to the cryptocurrency exchange market.



What is Bitforex Crypto Exchange?

This [Gemini](https://www.gemini.com/) crypto review will look at a regulated cryptocurrency trading platform, wallet, and custodian that makes buying bitcoin, ether, and other cryptocurrencies simple and secure.

Created by Cameron and Tyler Winklevoss, the platform is among the most popular exchanges. The most significant advantage is its security - all funds are stored in cold storage, and two-factor authentication is required for all transactions.

A Gemini crypto review shows that the exchange makes it easy to buy cryptocurrencies with a bank account or debit card. It is also possible on this platform for you to trade cryptocurrencies.

[The exchange](https://www.gemini.com/) offers a tier-based service with distinct interfaces and fee structures for casual investors and experienced traders.

It has its currency, the Gemini dollar, a mobile app, and a payment app. The Gemini dollar, unlike most cryptocurrencies, is a "stablecoin" tied to the US dollar.

## Gemini crypto services

Gemini offers a variety of services apart from trading cryptos. The primary services provided are:
Gemini Exchange: Here, you can buy, sell, and store cryptocurrencies.

Gemini Earn: This is a lending service where you can lend your crypto to institutional borrowers to earn interest. With this, you can get up to 8.05% interest on your cryptocurrencies. This is available only in the US, Singapore, and Hong Kong.

[Gemini Credit Card](https://www.gemini.com/credit-card): It is possible to receive up to 3% rewards in crypto on your purchases using this card. This card is available only in the US.

The platform also includes more advanced services like an active trader, staking, Gemini dollar, Gemini Custody, Gemini Clearing, and Gemini Wallet.

## How to use Gemini

Continuing our Gemini crypto review, we look at the mobile app and [website](https://www.gemini.com/). These are the two main places where you can buy and sell cryptocurrency on this exchange platform.

The steps to buying cryptocurrencies on the exchange are: 

### Firstly, create an account on the exchange platform.

To buy cryptocurrency, you'll need to fund your account after you've opened one and been verified. You can add funds to your account in various ways, including a debit card, a wire or bank transfer, and Apple Pay or Google Pay. After you've verified your account and linked a funding source, you'll be able to start buying cryptocurrency on the website in just a few steps.

Choose the cryptocurrency you want to purchase. After logging into the [Gemini website](https://www.gemini.com/), you'll be taken to the homepage. Navigate to the ‘Market’ tab to browse the 70+ cryptocurrencies available for purchase and sale. Choose ‘view details’ on the cryptocurrency you want to purchase.

Make your order. When you get to the page of the cryptocurrency you want to buy, you'll see much information about it. Begin filling out the fields under 'Make a Trade' on the right-side panel of the page. 

Determine whether you want to place a one-time or recurring order and how much you want to purchase. You may, depending on your jurisdiction, be able to immediately transfer crypto you purchase directly into Gemini Earn by toggling 'Transfer to Earn' if the crypto is supported in Earn.

### Select a payment method.

### Double-check your order and click Confirm.

Choose one from the Market tab or your portfolio to sell your cryptocurrency on the exchange website. When you're on the price page for a cryptocurrency, you can toggle the sell order type on the right-side panel, enter the amount you want to sell, and click confirm.

## Gemini [trading charges](https://www.gemini.com/fees)

When you buy or sell crypto on Gemini, you'll be charged convenience and transaction fees. These fees apply whether you purchase through Gemini's online store or the mobile app. Both will be displayed as your "quoted price" before you complete your purchase.

## Convenience fee

The convenience fee for a given trade is approximately 0.5% of the Gemini market price. However, this can vary depending on the market. This fee is also reflected in the cryptocurrency you purchase. For example, if bitcoin (BTC) currently trades at $30,000 per unit, you'd pay $30,150 for one, including the fee.

## Transaction fee

A transaction fee based on your trade payment will be added to the convenience fee. This fee is standard for crypto conversions, such as trading bitcoin for [litecoin](/news/article/litecoin-price-gbp). The fee for buying and selling cryptocurrency varies depending on the currency used. It ranges from a flat fee for less pricey orders to a percentage of more expensive transactions.

## Pros and Cons

### Pros

More than 60 countries have access to the platform. It is also available to users in all 50 states and the District of Columbia.

### Cons

Gemini charges relatively high fees in comparison to its competitors. Some investors may be confused by the platform's layered fee structure, and high prices can reduce investors' returns.

## Security features and safety

Unlike money in a bank account, money in cryptocurrency is not FDIC-insured. However, [Gemini](/news/article/gemini-crypto-exchange) protects users' digital assets with multi-layered security measures highlighted on its website.

According to the exchange, the "majority" of your cryptocurrency is stored in an offline, cold storage system - the safest way to safeguard cryptocurrency from hackers. However, a small portion is kept in an online hot [wallet](/news/article/best-crypto-wallet) protected from theft due to a security breach, hack, fraudulent transfer, or employee theft.

The policy does not protect against losses caused by unauthorised access to your account. Within Gemini, you can create a list of approved addresses that restricts who can withdraw from your account (along with other account security features like two-factor authentication). Still, if your identity is stolen or your password is compromised, you may be unable to recover any funds lost.

## Conclusion

Gemini crypto exchange is a regulated exchange platform, and that's a big plus. It means you can have greater faith that your funds are safe and secure. The exchange platform has more than 70 selections of cryptocurrencies. It is a solid choice for those looking for a safe and secure place to buy crypto or earn interest on their crypto investments.

Also, if you want a simple platform with a great mobile app for buying, storing, and selling cryptocurrencies, then the exchange could be the right place for you.



Gemini Crypto Review

[ByBit](https://www.bybit.com/en-US/) is a cryptocurrency exchange platform for derivatives established in 2018. By offering a reliable exchange service, ByBit has become one of the top three crypto exchanges in the world. It functions in most countries, except the UK and a few other locations where services are restricted:

-	Singapore.
-	Crimea.
-	Sudan.
-	United States. 
-	North Korea. 
-	Quebec (Canada). 
-	Mainland China. 
-	Cuba. 
-	Iran. 
-	Sevastopool.
-	Syria.
-	Luhansk.
-	Donetsk.

ByBit exchange provides a [wide range of services](https://www.bybit.com/en-us/promo/global/aboutus/), but what gives the platform an edge over competitors is the features. From having the largest transaction capacity, at 100,000 transactions per second, to providing a safe, risk-free environment for new traders, ByBit corners the market on developing helpful features.

Let's look at a few of them.

## Features of the ByBit Platform

### Security of Users Funds

ByBit ensures the security of funds by enabling the hierarchical deterministic (HD) cold wallet that provides a second layer of privacy and security for users' funds. The HD wallet changes receiving wallet addresses after use, thereby protecting the true value of the funds in the address.

### User-Friendly Platform

ByBit has an interactive and user-friendly platform that makes it easy for users to understand and navigate. This is especially important for beginners who aren't very familiar with the particulars of trading.

### Supports Multiple Currencies

ByBit users can withdraw, deposit, or open positions in multiple currencies – BTC, ETH, EOS, XRP, and USDT. Before using this feature, check for any added caveats. In addition, users can use the internal asset feature to convert from one cryptocurrency to the other.

### Anonymity

Unlike some other platforms, ByBit does not have any KYC requirements. You only need an email address and a phone number to open an account.

### Around-the-Clock Customer Service

24/7 customer service ensures that users can access timely help around the clock.
 
### 100x Leverage on Margin Trading

Bitcoin users on ByBit can get as much as 100x leverage on margin and futures trading. For other currencies, the leverage is 50x. A similar feature allows customers to insure against loss by taking out short-term loans.

## Pros of ByBit

The pros of using ByBit include the following:

•	Very low chances of server downtime. ByBit's system can process 100,000 transactions in a second.

•	24/7 customer service.

•	Offers 100x leverage for Bitcoin and 50x for other cryptocurrencies on margins and futures trading.

•	Affiliate reward program.

•	Easy-to-use platform.

## Cons of ByBit

•	No KYC means no ID verification.

•	Limited spot trading pairs.

•	There is no ByBit UK access.

## What happened to ByBit UK?

In the first quarter of 2021, the Financial Conduct Authority (FCA) in the UK banned the sale of derivatives citing [high risk](/news/article/fca-crypto-investments-risky) as the reason.

In response to this ban, ByBit UK [services](https://www.coindesk.com/markets/2021/03/05/bybit-to-suspend-services-for-uk-customers-after-fca-crypto-derivatives-ban/) were withdrawn. On 31 March, ByBit ended services for UK customers after sending out a missive asking them to close all open positions and withdraw their account balances.



ByBit UK; Features, Pros, and Cons

The cryptocurrency market is expanding, with various companies providing related financial products. In particular, automated [trading bots](/news/article/bitcoin-motion-trading-bot-scam) have gained much popularity. However, they are also one of the most significant sources of [crypto scams](/news/article/crypto-hacks-peaking-october). That’s why investors are always doubtful about trusting one with their assets, and rightly so.

One emerging name among the automated trading platforms is [Bitcoin Storm](https://bitcoin-storm.app/). Like many similar platforms, it also faces questions about its legitimacy. To answer these questions, here is a thorough review of the program.

## A quick overview of Bitcoin Storm

Bitcoin Storm is a crypto trading platform, similar to [eToro](/news/article/etoro-uk-review), that has eased the trading process for investors. It introduces an automated system to help you decide when to buy or sell crypto. In simpler words, it is an analytical bot that can read or predict market behaviour. 

Through its analytics, you do not have to constantly track the price charts and the news to make investment decisions. It also offers brokerage services. So, you can get [BTCs](/coins/btc) or altcoins at lower prices without requiring substantial upfront investments. And then, by leveraging its market analysis, you can sell them to earn profits.  

## What services and features does it offer?

1.   Automated market analytical tool
One of the platform's best services is providing crypto trading signals. It uses an automated market analytical tool built on advanced technology. It eases and assists the buying and selling decisions by offering deeper market analysis.
Based on these signals, you can also develop an investment strategy. It is also suited for all investors, whether experienced or novice.

2.    Multiple cryptocurrencies and payment options
Though its name might suggest that it only supports BTC, you will have numerous other options too. It is compatible with popular coins like [ETH](/coins/eth), [BNB](/news/article/bnb-chain-security-system), and others. It also allows multiple payment options. These include both credit/debit cards and bank transfers. 

3.    Instant registration
Instant registration is another feature of the platform. It only demands basic personal details such as your name, phone number, and email address. You must also provide your bank details, and you will be all set to use the platform. The entire procedure hardly takes 30 minutes.

4.     Affiliated brokers
Various regulated brokers are affiliated with this platform. They monitor the trade activities on the platform and ensure transparency.

5.     Efficient and low-cost trading
Where it makes crypto trades effortless, it also proves to be a low-cost and efficient option. It only charges 0.01% fees as commission. Additionally, there is no registration fee or other hidden charges. In fact, it is 0.01 sec faster than its counterparts.

## Is Bitcoin Storm legit?

This trading bot assists you in making trade decisions. It charges minimal fees and maintains transparency. Moreover, it offers an accuracy of 99.4%, which assures that it can be a trustworthy platform. The platform also has an award from the [US Trading Association](https://www.taforum.org/) in the category of trade software. 

These indicators speak volumes about whether you can trust your assets with this app or not. However, conducting your research and investing according to your risk tolerance is advisable.



Bitcoin Storm Review: Is it Legit?

The [CoinSmart cryptocurrency exchange](https://www.cryptovantage.com/best-crypto-exchanges/) came into existence because the founders found it challenging to fund and obtain verification on existing exchanges. They intended to develop a dependable, user-friendly exchange for beginners and easily accessible to Canadians. 

The result is a crypto exchange with rapid verification, a user-friendly interface, bank-grade security, and several financing possibilities in various fiat currencies. They also provide more complex choices for experienced traders with bigger volumes.

Although [CoinSmart](https://crypto.coinsmart.com/register) began as a Canadian-only exchange, it has recently extended to several other countries worldwide. That means more people have benefited from its outstanding UI and simple onboarding procedure. The United Kingdom, Germany, France, Italy, Spain, Portugal, Sweden, Norway, Turkey, Poland, Ireland, the Netherlands, Georgia, and Estonia are all represented.

It offers a limited variety of digital currencies for purchase, sale, and trading. The most popular cryptocurrencies are: [Bitcoin (BTC)](https://www.cryptovantage.com/buying-crypto/bitcoin/), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Cardano (ADA), Stellar (XLM), Bitcoin Cash (BCH), EOS, NEO, Dash (DASH), and QCAD.

## Is CoinSmart secure? 

CoinSmart is a trustworthy cryptocurrency exchange that takes security seriously. They are a FINTRAC-registered Money Service Business, which means they comply with regulatory criteria and produce documents to retain their licensing status. A recognised Canadian bank also backs them.

CoinSmart Canada prevents fraud by utilising a sophisticated identity verification procedure that detects bogus addresses and dates of birth by using a database provided by data-gathering companies. CoinSmart can authenticate a person's identification while keeping personal user information protected by using these agencies.

The organisation also allows customers to use a two-factor authentication mechanism (2FA). Users must provide a password generated on their phones when attempting to log in. They must then input the freshly produced code and their account details.

CoinSmart also provides consumers with a cold digital wallet for each coin available on the market. Whether a user acquires a particular cryptocurrency or not, a cold wallet is accessible. This wallet uses industry-standard techniques and processes.

## Fees with Coinsmart 

CoinSmart charges reasonable fees for fiat deposits and withdrawals, and cryptocurrency withdrawal fees are common. Their costs follow industry standards, but they are not a compelling reason to use the exchange. 

There are no fees for Canadian Dollar deposits made through bank transfers or drafts. However, both methods need a minimum deposit of $10,000 and $500, respectively.

If users deposit via an Interac e-Transfer, there are no costs if their deposit $2,000 or more, but there is a [1.5% fee](/news/article/etoro-fees) if you deposit less. The 1.5% charge is standard; investors can find it on the neighbouring Canadian [exchange](/news/article/best-exchanges-for-crypto-uk) [Bitbuy](https://www.cryptovantage.com/best-crypto-exchanges/bitbuy/). Credit and debit card funding costs are the highest, with some fees reaching as high as 6%.

Meanwhile, bank wire and electronic funds transfer options have a 1% fee with a $15 minimum for Canadian Dollar withdrawals. Crypto withdrawals are subject to a fixed charge that varies according to the asset. The Bitcoin withdrawal charge, for example, is 0.0005 BTC, whereas the Cardano withdrawal fee is 0.3 ADA.

## Key Features at CoinSmart
 
CoinSmart offers a few unique features that distinguish it from the competition.

The first is that it is a beginner-friendly platform, making it an excellent starting point for novice crypto users. The site has an exemplary user interface that makes depositing simple.

CoinSmart is also the only exchange that provides the SmartGuarantee, which offers the following advantages: 

•	All deposits are credited to users' accounts the same day they are received. 

•	Every account is confirmed the same day, and all fiat withdrawals are made within five days. 

•	CoinSmart has a good referral programme in which customers may suggest friends and get $15 if they invest at least $100.

## How users can set up their CoinSmart account

Setting up an account with CoinSmart is simple, and they provide fast verification using Equifax, so users may be verified and trading within minutes of signing up. To open a CoinSmart account, follow these steps:

•	Navigate to the [CoinSmart webpage](https://www.coinsmart.com/) 

[![Coinsmart1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Coinsmart1_cc9f4818b1.png)](https://imp.i246982.net/c/3491845/794942/11346?subId1=nl&trafsrc=Impact)
  
•	Insert the respective email address and press "[Get Started](https://crypto.coinsmart.com/register)." 
 
[![Coinsmart2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Coinsmart2_605e9c8553.png)](https://imp.i246982.net/c/3491845/794942/11346?subId1=nl&trafsrc=Impact)
  
•	On the next page, choose the name, choose a password, and press "Sign Up."

[![Coinsmart3.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Coinsmart3_d0af1cc0bf.png)](https://imp.i246982.net/c/3491845/794942/11346?subId1=nl&trafsrc=Impact)
  
•	Verify email through email sent to the user's email address

•	Enter the user's phone number and verify through the code sent to the number

•	Enter users’ information, including full name, date of birth, and address

If they can instantly verify investors, they are ready to deposit and start trading!

If they are unable to verify the user's identity instantly, they must provide the following information:  

•	Easy-to-read copies of the front and back of their government-issued ID

•	A selfie with users holding the same ID and a piece of paper with the word "CoinSmart" written with today's date.

•	A recent copy of their utility bill with their name and address.

After the respective users enter this information, the site will personally verify their identity before allowing them to fund their account and begin trading.


CoinSmart - A Guide for Beginners

This Kraken review will zero in on margin trading with the US-based cryptocurrency exchange.

[Margin trading](https://cryptopotato.com/kraken-margin-trading-beginners-guide-everything-you-need-to-know/) allows customers to leverage their bets using funds they do not own. The advantage of this trading strategy is that it can significantly improve profits while putting less money at risk.

However, it is also worth mentioning that it has the potential to amplify losses rapidly. Leveraged trading enables investors to open more leveraged positions than their current balance. Kraken advances funds over what the investor currently has in their account.

To start a margin account, the user's broker is legally obligated to acquire their permission. The margin account may be included in the usual account opening agreement or it may be a separate agreement.

Margin trading is also more versatile than other sorts of lending. There may be no set repayment timeline, and the user's broker's maintenance margin requirements may be straightforward or automated. Most margin accounts are open until the securities are sold. At this point, final payments are often due to the borrower.

## Kraken review: How margin trading works

To margin trade on [Kraken](https://www.kraken.com/en-gb/features/margin-trading), users must go through several order types based on where they believe the market will move. The buyer can open long or short trades and close them using opposite orders or settling commands.

## Kraken review: What cryptocurrencies can users trade

One detail that needs to be known is which cryptocurrencies [Kraken](https://r.kraken.com/4e7yWG) supports for margin trading and the leverage levels at which customers will be allowed to deal. 

Kraken offers varying amounts of leverage depending on the cryptocurrency the investor wants to trade.

As a result, the allowable leverage varies depending on the base and quoted currencies. The following table lists all of the cryptocurrencies currently accessible for this type of trading and the leverage levels that are available for each one:

[![Kraken1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Kraken1_0ef841b41d.png)](https://www.kraken.com/features/margin-trading)
  
## Kraken Review: How to open a margin position

When a user opens a position, they receive advance cash (the margin) to assist them in executing a leveraged trade. 

In general, positions can be opened in two ways, depending on whether the investor wants to go long or short. 

If users want to open a long trade for ETH/EUR, the Kraken exchange will advance EUR to buy ETH. 

If the customer wants to open short trade, they will advance ETH so that the user can sell it for EUR. 

To enable margin trading, the user must log into the account, navigate to the "New Order" page, and select "Intermediate." 
 
[![Kraken2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Kraken2_bc3aa130fc.png)](https://www.kraken.com/features/margin-trading)

[![Kraken3.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Kraken3_24e15de6a4.png)](https://r.kraken.com/4e7yWG)
  
The above screenshot illustrates that the [user](/news/article/kraken-exchange-under-investigation) can purchase or sell using the specified leverage on the right. For example, if the consumer selects to employ a leverage amount of 3, which is 3:1, tripling their purchasing power. 

If the user wants to go long, they must first place a buy order, as described above. 

The user must next configure the Order Type. If they choose the market, they must select "market" from the two options. If they wish to execute the deal when the price reaches a specified limit, they must select "limit".

## Kraken review: How to close a position

As previously stated, when users use leveraged margin positions, trades are conducted with an advance funded by [Kraken](/news/article/kraken-ceo). 

Users must return all the monies advanced to the exchange to close a trade. To close a trade, the user must create an order inverse of the opened order they wish to complete.

[![Kraken4.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Kraken4_375fee55f5.png)](https://r.kraken.com/4e7yWG)
 
There is a long open position for Bitcoin in the previous screenshot. It indicates that the order type is "buy/market," indicating that the position is long. It selects the best available market order rather than aiming for a specific price limit on the order book. 

The investor would have to create the opposite transaction to close that position. 
 
[![Kraken5.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Kraken5_2d9039dc05.png)](https://r.kraken.com/4e7yWG)

Since the position that needs to be closed is a "Buy," the user must select the "Sell" option on this screen. They also must choose leverage; otherwise, their funds will be sold at the best market price. 

After picking leverage, all the user has to do is click the Sell XBT for EUR button, and the trade will be closed, adding or discounting their balance with the profit or loss made on that transaction.

## Kraken review: How to settle a position 

Margin trading, as previously stated, is carried out through Kraken advances. As previously mentioned, one method for closing positions is to execute an opposite transaction. 

The second method is for the trader to return the advanced funds immediately from his account without engaging in a trade, known as a position settlement. 

For example, here's what you need to do to settle a long position. 
 
[![Kraken6.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Kraken6_d124eb7445.png)](https://r.kraken.com/4e7yWG)

The user must pick the advanced option from the top menu to generate a Buy settle position order.

The user then chooses the amount to settle and the level of leverage. The order type should be "Settle Position".

The number of cryptocurrencies settled will be purchased using the chosen currency from the user's account at the price at which the position opened.

## Kraken Review: Types of fees

Regarding margin trading on Kraken, the user must be aware of two types of costs. These are the "opening fees" for creating a new position and the "rollover fees" for keeping an existing position open.

Both depend on the base and quote currencies. The initial cost ranges between 0.01% and 0.02%. 

The rollover cost, on the other hand, is payable every four hours and varies depending on the cryptocurrency trading pair selected by the customer. It ranges from 0.01% to 0.02% every four hours.

Margin trading on Kraken can be advantageous, allowing users to increase their profits if the right trade occurs. The platform has several advantages, but users must also note that losses might multiply.

It's vital to remember that [margin trading](https://www.investopedia.com/terms/m/margin.asp) is considered high-risk, with significant losses possible if the trade doesn't go as planned. As a result, it's critical to recognise the risks of this form of trading and act cautiously.


Kraken Review: All You Need to Know

The number of [crypto trading](/articles/learn-moni/cryptocurrency-trading) platforms is ever-growing as the market continues to expand. But, often, it gets confusing to choose which one is right for you, especially if you are a beginner. So, to assist you in that, we are doing a [Coinmama](https://go.coinmama.com/visit/?bta=67954&nci=5360&afp=article) review, which is an excellent option for crypto newbies. 

Coinmama is a Dublin-based cryptocurrency exchange operating in the industry for almost a decade. It was set up in 2013 to offer financial services in the simplest ways. 

Its mission is to be the world's friendliest exchange that offers the best customer support. 

## Benefits of using the platform

In this [Coinmama review](https://go.coinmama.com/visit/?bta=67954&nci=5360&afp=article), we look at the platform's best features that make it a good choice for traders. 

1. Single window trading
One of the factors that makes it an ideal choice is that it does not complicate things for the traders. Unlike many other brokerages, it does not allow trades between buyers and sellers, which can confuse a novice trader. So instead, on this platform, all the transactions are between you and the exchange.

The platform has an inventory of all the cryptocurrencies it offers. However, it does not provide a digital asset wallet. So, if you purchase crypto from this exchange, you must have a separate wallet like [MetaMask](/news/article/what-is-metamask).

2. Interactive interface
The [Coinmama app](https://go.coinmama.com/visit/?bta=67954&nci=5360&afp=article) features an easy-to-use and highly interactive platform, which allows you to manage your crypto trades from your phone. With this seamless app, you can quickly get started with crypto trading. All you need to do is install and sign up with the app, instantly verify your ID, and you will be all set to trade!

Besides, you can access it from almost anywhere worldwide as it is available in 188 countries. However, it only supports Android, so if you are an iOS user, you won't be able to access it. 

[![coinmama 1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama_1_2222cba695.png)](https://go.coinmama.com/visit/?bta=67954&nci=5360&afp=article)
  
3. Swift verification process
The time-consuming verification procedure is a problem for many exchanges. Fortunately, this is not the case with Coinmama. This platform offers an instant verification process. You can swiftly sign up and start selling or purchasing crypto. The entire procedure takes only 15 to 30 minutes. 

[![coinmama 2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama_2_55402f2107.png)](https://go.coinmama.com/visit/?bta=67954&nci=5360&afp=article)
  
4. Coinmama payment methods
The Coinmama review also shows that it offers various payment methods. One of the best things about it is that you can make crypto deals from your credit or debit cards. It supports the following payment methods:

·        Apple Pay

·        Google Pay

·        Visa

·        [Mastercard](/news/article/mastercard-crypto-asia)

·        Skrill

·        SEPA and SWIFT Bank transfers

5. Security and authorisation
The exchange is based in Ireland and authorised by the country's regulatory body. It also ensures the complete safety of your crypto funds. It maintains two procedures to ensure security. It does not save user data when transactions are made through credit or debit cards. Secondly, it has a 2FA (two-factor authentication) procedure for logins. This restricts unauthorised entities from accessing your account.

What is noteworthy, it only operates as an exchange. So it does not keep your funds. It only requires your crypto wallet address when you are buying cryptocurrencies. That's why your crypto's security depends on your third-party wallet.

Check out which is the [best wallet to store crypto](/news/article/best-crypto-wallet). 

6. Supported cryptos and fiat currencies
As of now, this cryptocurrency exchange gives you access to over 15 different tokens. These include most of all popular tokens in the market. You will find Bitcoin, Ethereum, wrapped Bitcoin, Bitcoin Cash, Dogecoin, and others. Though it supports limited options, its inventory may expand in the future. And you can also request a particular cryptocurrency from its customer support. 

![coinmama 3.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama_3_85721f4634.png)
 
On the other hand, the fiat currencies it supports for transactions are five. These include the US dollar (USD), British Pound (GBP), Canadian dollar (CAD), Australian dollar (AUD), and Euro (EUR). You can also find crypto to fiat or fiat to crypto conversions through the [Coinmama crypto calculator](https://www.coinmama.com/crypto-calculator). 

[![coinmama 4.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama_4_9b26b70d90.png)](https://www.coinmama.com/crypto-calculator)

## Trading fees

The trading fees of the Coinmama exchange are on the higher side. It charges commissions on each sale and purchase transaction. In comparison to most exchanges, the trading fees are much higher. On selling transactions, the platform's commission will be 0.9%. Meanwhile, you will also have to pay 3.81% if you purchase from the platform.

However, it offers discounts through its [loyalty program](https://support.coinmama.com/hc/en-us/articles/360012588820?_ga=2.27021630.209146710.1664231336-1389372584.1664231336). It has three levels that require different amounts to be spent for 90 days. At the curious level, you would not get any discounts. But at the Enthusiast and Believer levels, you will get a waiver of 12.5% and 25%, respectively.

![coinmama 5.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama_5_e905027150.png)

## Coinmama registration: How do I get started?

The Coinmama registration is a reasonably straightforward procedure. You can quickly get a verified account on the platform by following these four easy steps:

1. Firstly, go to [coinmama.com](https://go.coinmama.com/visit/?bta=67954&nci=5360&afp=article) and set up your account. You can also create an account through the app. It only requires your email, a strong password, and the country of your residence.

[![coinmama 6.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama_6_e876cb13de.png)](https://go.coinmama.com/visit/?bta=67954&nci=5360&afp=article)

2. Secondly, you must provide personal details like full name, phone number, date of birth, city name, etc.

[![coinmama 7.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama_7_9aba169fce.png)](https://go.coinmama.com/visit/?bta=67954&nci=5360&afp=article)
 
3. Next up, upload a document that confirms your government-issued ID. This can be your ID card, driving licence, residence permit, or passport. US citizens can also use their non-driver's ID. Take the front and back pictures of the card and upload them. 

[![coinmama 8.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama_8_814e6b6c25.png)](https://go.coinmama.com/visit/?bta=67954&nci=5360&afp=article)

4. Finally, take a piece of paper and write 'Coinmama' and the registration date. Then, holding the piece of paper and your ID document, take a picture of yourself and upload it. 

Once you've completed these steps, the website will send an application to the exchange team. Your application will be approved after they verify your details.  

[![coinmama9.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/coinmama9_b32b539dcf.png)](https://go.coinmama.com/visit/?bta=67954&nci=5360&afp=article)
 
## Coinmama Review: Final take

Coinmama is a basic, user-friendly platform ideal for novice crypto investors. It allows secure and swift crypto trading to help manage day-to-day trades while being a relatively expensive option. You can also find various alternatives that offer more options at low prices.

Though Coinmama does not support a wide range of cryptocurrencies and fiat currencies, it gives most of the popular options. All in all, it is a good option if you are looking to manage small portfolios.



Coinmama Review: The beginner-friendly platform

[Swapit.io](https://swapit.io/) is a one of a kind DeFi platform that brings in the unique features of gameFi and NFTs with it. It also introduces a mobile application that allows users easy access to its services. Besides, the platform's [GameFi](/news/article/what-is-gamefi) involves social gaming features, which can shape a dynamic community. 

Moreover, the roadmap for this project hints toward a possible NFT distribution service. It also aims to introduce Ethereum-like protocols and interoperable standards. Indeed, the features of this [DeFi](/articles/learn-moni/what-is-a-defi-token) platform sound promising. But due to a lack of clarity in its roadmap, it faces questions about its legitimacy. 

## How does Swapit.io work?

Before we discuss whether or not Swapit.io is legit, it's essential to know how it works. The games on the platform have the swap and win mechanism. There is a random number generator or RNG algorithm behind it. It generates randomised numbers that trigger a particular event in the game. It may result in getting a rare collectable or landing a hit. 

The platform introduces 980,000,020 cards as tokens. RNG score decides the items you will get for a game. The Joker card is the rarest, and if you submit it to the community pool, an NFT will be auctioned. To trade these NFTs, you will need SWIT tokens. 

## Swapit.io trustworthiness

The project combines three different elements on the [blockchain](/articles/learn-moni/what-is-blockchain). These are; Play-to-earn games, NFTs, and a tokenised DeFi ecosystem. It is a decent project built on a highly trusted network of [Binance smart chains](/news/article/bnb-price). Moreover, it has sophisticated SWIT tokeonomics with a total supply of 1,000,000,000. 

Besides, one prominent feature that makes it trustworthy is that the project is audited by Automated Security Audit System (ASAS). This ensures that no overpaying happens by maintaining weekly payouts at 80%. Along with that, its roadmap suggests that NFT distribution and interoperable protocols can be introduced later. 

However, one thing that still leaves some doubts is the lack of information about the project's founders. But, all the other signs indicate that Swapit.io is a legit company. 

This review is based on the information provided on the company website and other available resources. There is always risk involved in crypto-related services and products. That's why it's wise to conduct your research before investing.
 



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