## Why is Bybit crypto a viable way to earn during crypto winters? 

The [Bybit crypto](/news/article/bybit-uk) exchange is a trading venue where contests and giveaways occur. If you have invested heavily in cryptos and are still smarting from the crypto winter that seized the market, consider looking for alternative ways to earn using the Bybit exchange. 

Here are a few ways to earn from the Bybit exchange. This information acts as a guiding light to your path and nothing more. You must walk that path by doing your own research to see which of these contests, if any, are good for you. 

## Bybit crypto contests 

It is Bybit crypto gaming season once more. Even as the crypto market continues to face challenges sustaining the knee-jerk uptick of January 2023, there are opportunities to profit from the market in other ways. 

One of these ways is by participating in competitions and promotions pushed out from time to time on centralized crypto exchanges. The Bybit crypto exchange is one such exchange, and several gaming competitions are currently open to the public. 

Before taking on the rest of the competition to get your share of the giveaways, you must understand a few things. 

a) The giveaways work both ways. They are meant to be for your benefit and that of the exchange. You have to put in the required work to benefit from them. They are an opportunity for the exchange to increase its public engagement and reward users who aid them in such engagement by participating in the contests. 

b) Bybit launches several of these giveaway contests from time to time. 

c) Some of these competitions do not require you to be an experienced trader. You could win if you know how to engage with people online. 

## Types of Bybit crypto giveaway contests 

What are the various types of giveaway contests found on Bybit? Having some idea about this is essential as it will help you decide where to focus your efforts. There is no point in registering for a trading contest if you are not a good trader. Likewise, if you lack the skills of marketing or social engagement, participating in contests that require a solid knowledge of the use of the various channels of social engagement may not be for you. The good thing is that there is a contest for everyone, so you can always find your bearings. 

## Core trading contests 

These come in different formats, but they all have one thing in common: you must engage in some trading activity as part of the contest. 

You are given an event period and you will need to carry out spot or derivative trades and achieve specific targets to get a share of the prize pool. Targets might be to achieve certain profit levels or set amounts in trading volumes. 

## Account upgrade contests 

Some contests reward users for performing account upgrades. The Bybit exchange recently launched a product called the unified trading account (UTA). This account type offers users enhanced leverage of up 10x for margin trades and provides 60 assets for cross-margin trading. 

## Stake-to-earn contests 

This category usually applies to new listings. You may be invited to use some of your stablecoins to acquire and stake newly listed tokens. You qualify for a reward when you stake these tokens for a certain period. Some staked tokens attract as much as 90% APY. You will find some of these opportunities on the [Bybit Earn](https://www.bybit.com/en-US/earn/home) product suite. 

## Recent Bybit crypto contests 

Here are some of the recent Bybit crypto contests. 

a) Unified trading account contest 

This contest involves actual trading but provides a volume target of $10,000 in Perpetual Contracts. You must have migrated to the UTA to participate, with a prize of 50,000 USDT to be shared by winners. 

b) Trading Rodeo 

This is a contest that is offering 700,000 USDT in prizes. To participate, you need to put on spot trades for a share of 100,000 USDT or derivative trades to aim for a percentage of the prize. Contest winners are decided on a ranking system based on trading volumes. 

c) P2P trading games 

An existing 10,000 USDT prize pool has been set aside for winners in the peer-to-peer trading games. This is for those who buy and sell cryptos to individuals listed on the P2P network instead of others on the spot/derivative markets. 

## Conclusion 

There is a world of opportunity on Bybit crypto. You have to go there and put in the extra work that most will not do to be a contest winner. 

bybit crypto logo on image of crypto exchange

Bybit Crypto Trading Games Review

## Wirex crypto card review 2023: A safe guide 

Reward credit and debit cards are a popular way to pay for goods and services, mainly because those rewards can easily be converted into stuff like cash back and free travel. And now, with [crypto cards](/news/article/best-crypto-card-uk), there is an opportunity to earn even more crypto rewards. If you have ever considered investing in cryptocurrencies or adding them to your portfolio, keep reading to discover the Wirex card, how it works, and what it offers. 

## What is Wirex?  

[Wirex](https://wirexapp.com/en) is a modern cryptocurrency exchange that operates a state-of-the-art mobile app and a next-generation crypto card that enables users to spend money, store, and exchange various cryptocurrencies and traditional currencies hassle-free. 

The platform provides crypto characteristics to fiat currency accounts, something that's especially attractive to cryptocurrency and [Web3](/news/article/what-is-web-3.0-crypto) enthusiasts. Users can use the platform’s app and crypto card to spend digital and fiat currencies through the platform.     

## How it works 

The Wirex card functions like your standard debit card, the only difference being that you can spend crypto and traditional currencies. The crypto card facilitates the real-time crypto-to-fiat conversion of crypto at the point of sale. 

However, crypto cards aren't linked directly to your bank account, unlike your regular debit card. Instead, you can top it up manually using cryptocurrency transfers of debit card and credit card deposits. 

## Main features 

The best thing about this crypto card is that users can store more than [52 different cryptocurrencies](https://wirexapp.com/help/article/list-of-available-currencies-0113), including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), and Gemini Dollar (GUSD), and they can receive from and send to different kinds of wallets. 

You can also buy and sell more than 250 digital assets using GBP, EUR, USD, and other fiat currencies at low rates of about 2.5%. Users in the UK and most European countries can enjoy [Mastercard](/news/article/mastercard-crypto-asia) debit cards, while their US counterparts are offered Visa debit cards. 

The cards are therefore accepted everywhere you see a Visa (US) or Mastercard (UK and EU) sign, translating to more than 80 million and 61 million outlets and ATMs globally. Card owners can pay up to 2% cash back paid in the [Wirex token](https://wirexapp.com/help/article/wirex-token-0121) (WXT) any time they use it for in-store or online purchases. The card is fully supported in most countries, including most of Europe, New Zealand, Australia, and the US, and partially supported in some countries. 

## Card fees  

Setting up your account and receiving your physical card is free. Users aren't charged any loading or domestic transaction fees. Nonetheless, users must pay up to £29.99 or $36 monthly to enjoy the best savings and cashback rates. The company also recently stopped charging monthly account management fees. 

Wirex users who maintain the free account are limited to only 0.5% cash back for in-store purchases. You can choose from numerous memberships with different fees and limits. Cardholders can enjoy unlimited crypto external withdrawals, commission-free trading, and free ATM withdrawals up to $250 but are charged 2% after that and a 1% fee on crypto top-ups. 

## Parting shot 

The Wirex crypto card facilitates a convenient way to spend your fiat and digital currencies using a single card and account. The ability to use different fiat and cryptocurrencies via the platform's app makes it a perfect companion, especially if you have to move around a lot. 

If you don't mind holding WTX, the platform's native token, and if the Wirex card is supported in your region, you can consider applying for the card and subscribing to its signature product, which lets you earn up to 8% back in WTX for online and in-store purchases. 

wirex crypto card and app on blue background image of money. 

Wirex Crypto Card Review 2023

[BlueWallet](https://bluewallet.io/) is a non-custodial mobile Bitcoin wallet that allows users to do more than send, receive, and store Bitcoin (BTC). It is highly secure, feature-rich, and compatible with the Lightning network. It is designed to be simple yet extremely powerful. 

BlueWallet Pros and Cons 

## Pros 

- Plenty of usability features. 

- Compatible with the Lightning network. 

- Simple user interface. 

Available on desktop and mobile. 

## Cons 

- Only supports BTC. 

- Not enough guidance and educational materials. 

## BlueWallet Features 

BlueWallet has lots of usability [features](https://bluewallet.io/features/). They include; 

- Multiple wallets: The feature allows you to import compatible wallets from other BTC platforms like Bread and Electrum and manage them on the app. 

- Watch-only: It allows you to import your offline wallets' public addresses without going offline. It enables you to connect your hardware wallet and manage your cold storage. 

- MultiSig vault: It adds an extra layer of security to every transaction made. It works like two-factor authentication, requiring two or more private keys to confirm transactions. 

- Lightning wallet: The feature allows you to use the Lightning network without opening channels, being online, or operating and maintaining a node. You will, however, need to create a Lightning wallet. 

- Fees and transactions control: It allows you to set the fees you wish to pay for transactions. However, the lower the transaction fee, the longer it will take for transactions to be verified. 

- Plausible deniability: It allows you to define a different password that will decrypt a "fake" wallet setup. 

Other features include coin control, Payjoin, offline mode, custom entropy, Coldcard support, Cobovault support, hardware wallets support, PSBT (Partially Signed Bitcoin Transactions) support, broadcast transactions, notifications, Segwit support, batch transactions, multiple storages, and so much more. 

## Supported currencies 

BlueWallet only supports [Bitcoin](/coins/btc). However, it allows users to display the value of their BTC holdings in more than 30 fiat currencies, including EUR, AUD, USD, CAD, JPY, CHF, GDP, BRL, CZK, CNY, HRK, MYR, INR, MXN, and RUB. Blue has integrated MoonPay, which lets you easily buy BTC within it. 

## Accessibility 

BlueWallet is available in almost every country. It has desktop and app versions that can be downloaded on iOS and Android devices (as long as the app store permits it). 

It is available in more than 30 languages, including English, Spanish, French, Chinese, Japanese, Russian, Italian, Indonesian, Swedish, Norwegian, Danish, and Turkish. 

## Is it safe to use? 

BlueWallet is safe to use. It uses a 24-word mnemonic recovery seed to recover funds in case you lose your phone or forget your PIN. As a user, you can activate biometrics to unlock, delete, and sign a transaction. 

Wallets can also be encrypted with an additional password if you wish to add another layer of security. A further security feature is an option to set up decoy wallets in case you are forced to unlock your wallets. A decoy wallet may only be activated if a user has the encryption password set up. 

## Conclusion 

There are many reasons BlueWallet is considered by many as the best Bitcoin wallet. It is not only highly secure and feature-rich, but also very easy to use. Despite the fact that it is a BTC-only crypto wallet with little education materials, it is a great wallet to use for all your BTC business. 

BlueWallet Review 2023

[Hotbit](https://www.hotbit.io/) is a global cryptocurrency exchange launched in 2018 to offer users efficiency, stability, diversity, and high-level security. 

![hotbit crypto website homepage screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_14_47_15_da19bc31d5.png)


The exchange is headquartered in Taipei and Shanghai, but it offers services to users worldwide. With more than 5 million registered users, the exchange is dedicated to building an ecosystem that benefits the crypto industry. 

Hotbit offers its users 24/7 real-time online audit services and a secure trading environment through its industry-leading security system and architecture. It has not received any reports of lost funds since its launch. 

The platform provides a range of features comparable to leading exchanges, such as purchasing crypto assets, trading digital currencies, accessing NFTs, and investing money to grow portfolios. Users can sign up on the platform from over 200 countries to enjoy full access to its cryptocurrency services. 

The exchange has also collaborated with several prominent industry partners in the [blockchain](/news/article/top-blockchain-projects-2023) technology sector, including Spark Pool, Mytoken, F2pool, HashQuark, and Slow Mist. These partnerships aim to provide traders and investors with a trading environment that is secure, stable, and equipped with advanced features. 

## How to get started with Hotbit exchange 

To register for Hotbit, users must visit the website and click the "register" option to begin the sign-up process. Once registered, users must verify their email by entering their email ID and following the confirmation link sent to their email. They will then need to copy the code provided, enter their password, agree to the terms and conditions, and click the "register" option to complete the process. 

The Hotbit login process is considered easy, secure, and straightforward. Users can access their account by clicking the "sign-in" button on the Hotbit website and providing their email ID and password. 

The Hotbit exchange platform does not require KYC verification to start trading. Also, it provides two-factor authentication to secure its users' data. 

Once logged in, users can add deposits to their accounts and proceed with trading. The platform offers a beginner-friendly interface with various features that traders can easily navigate upon logging in. In addition, it provides a mobile app for traders who want to trade on the go. 

Hotbit's charting interface is offered by [Tradingview](/news/article/tradingview-uk-101), which provides traders with intuitive, smooth, and clean charts. This allows traders to utilise advanced indicators and trading tools to make informed decisions, ultimately helping to maximise profits and minimise risk. 

## Hotbit exchange platform offerings 

Hotbit provides its users with the option of spot and futures trading, demo trading, and purchasing cryptocurrency using a card. Furthermore, the exchange offers ETFs and earn products on various cryptocurrencies, including USDT, [BTC](/news/article/bitcoin-liquidations-spark-price-spike), ETH, and other altcoins. 

One of the platform's features is the availability of ETF trading, which could benefit investors seeking to diversify their portfolios. Moreover, Hotbit's earn products allow users to earn interest on their cryptocurrency holdings. 

The exchange offers maximum leverage of up to 100X on perpetual contracts, which can attract traders seeking high leverage and risk. 

## Trading fees 

Hotbit provides spot trading fees for makers, ranging from 0.05% to 0.50%. However, the fee for takers is slightly higher, ranging from 0.2% to 0.65%. Additionally, the futures trading fee for makers and takers is the same as the spot trading fee, which is relatively higher than that of the competition. 

## Is the Hotbit exchange legit? 

Hotbit is a legit [cryptocurrency exchange](/news/article/best-crypto-exchange-uk-reddit) with a vast user base spanning various countries. It has gained recognition as one of the largest and most rapidly growing exchanges globally in terms of daily trading volume, as reported by Coinmarketcap. The platform features an internal review audit team that operates around the clock, providing real-time online audit services for user assets. 

Additionally, Hotbit has partnered with major audit teams in the cryptocurrency industry, such as Beosin and Slow Mist. Through these collaborations, Hotbit conducts extensive security checks and promptly notifies users of potential security risks before they can be exploited. 


Hotbit Exchange: How to Get Started

Crypto gambling is gaining momentum quickly owing mainly to the privacy it inspires and the significant earning potential from crypto prize pools. There are several trusted crypto casinos on the market today, each with pros and cons. 

Before depositing crypto into a Bitcoin (BTC) casino, you must consider many factors. First, you must know what a crypto casino is. 

## What is a crypto casino? 

A casino can be one of the best places to be! That said, I do not advocate reckless spending of money at a casino - you should only 'invest' what you can [afford to lose](https://brendanbeeken.com/can-money-buy-happiness/). Winning at a casino is a matter of both luck and skill. 

Online casinos generally offer more consumer protection, as you can play [your favourite slot machines](https://brendanbeeken.com/making-money/), blackjack, and roulette games from the comfort of your home computer, device, or phone, with the option to set spending restrictions. You can also regulate the time you spend on a platform. 

A crypto casino is an online gaming platform that accepts crypto deposits. Now, this has its advantages and disadvantages. Depositing in crypto eliminates KYC/AML regulations. No 'records' of your spending activity can be directly traced to your bank account. 

Associated fees are on the lower side, and jackpots are significantly higher than in other online casinos. Of course, all of these 'goodies' come with potentially drastic drawbacks as well. 

Let's examine the pros and cons of crypto casinos in detail. 

## What are the advantages of gambling at a crypto casino? 

The pros of crypto gambling include: 

- Absolute financial privacy: Some crypto casinos offer complete financial privacy, while others restrict your privacy depending on the cryptocurrency you deposit on the platform (Bitcoin deposits, for example, will unlock greater privacy). 

Financial privacy equates to financial freedom, as records of your activities at such institutions are not documented by banks or credit agencies. This means you can gamble in peace, away from prying eyes - but please, always be responsible. Do not get rekked! 

- Low fees: Compared to other online casinos, crypto casinos charge significantly lower fees. When you think of a traditional casino website, deposit, withdrawal, and credit card fees come to mind. 

Transferring cryptocurrencies like Bitcoin and Litecoin (LTC) from a crypto wallet to a Bitcoin casino, for example, is cost-effective and saves time - the best of both worlds. 

- Play from anywhere, literally: The gambling industry is heavily regulated, and rightly so. Online casinos must acquire a licence of operation and ensure their activity is legal in each country they provide their services. 

Additionally, taxes, fees, and suspicious activity must be reported at the earliest. Players from restricted countries are likely to be blocked, even if they use a VPN to access the website (bank/credit card transfers will reveal your identity eventually). 

This is not the case with crypto casinos. You can deposit and withdraw cryptocurrencies from almost anywhere and use a VPN to hide your location. You can gamble anonymously. Mind you, ONLY indulge in crypto gambling on a licensed website. 

- Lucrative bonuses: Using cryptocurrencies helps crypto casinos save on chargeback, deposit, and payout fees. These savings allow institutions to offer better bonuses and more frequent promotions. Bonus sizes, therefore, result from avoided costs rather than some scammy scheme. 

Many of these pros may lead to daunting cons. Let us dive into them. 

## What are the disadvantages of crypto gambling at a casino? 

Listed below are the cons of crypto gambling: 

- Lack of regulation can come back to haunt you: Online casinos should be licensed. If they are not, they will cease to exist in no time. This means that they must abide by KYC/AML regulations. Owing to fiat currency circulation, governments, financial institutions, and banks are actively in the loop. 

Cryptocurrency operation, however, can be done without a licence. This means no governmental agency or traditional financial institution is reported to. 

- No chargebacks: An online casino only accepts payment via bank transfer, credit card deposit, or other traditional fiat deposit methods (like PayPal or Google Pay). As part of the traditional finance system, these gambling institutions must deal with chargebacks. 

This means you can request your credit card provider, for example, to execute a chargeback, leading your gambling operator to help recoup your funds. This is in case you feel scammed or there is proof of wrongdoing on the part of the online casino. 

Owing to the lack of a financial intermediary when it comes to deposits in a Bitcoin casino, you cannot request a chargeback. This means you must be extra vigilant and place your trust in only the best of the best. Do not click on scammy links! 

- Cryptocurrency price volatility: When you win when gambling on an online casino in GBP or USD, your funds are safe from extravagant price fluctuations. That may not be the case when you are crypto gambling. 

If you win in BTC, for example, you may wake up to see that the cryptocurrency's price has fallen significantly. Be extra careful when cryptocurrency gambling and withdraw your winnings immediately. The last thing you need is price fluctuations eating into your profits. 

If you keep in mind the above cons of crypto gambling, the switch from traditional gambling to crypto gambling may not be a tough one, especially considering the many advantages of indulging in the cryptocurrency side of things. 

When you are looking for a crypto casino, there are points to keep in mind. 

## What you should look for in a crypto casino 

To have the best crypto gambling experience, look for these things when considering a crypto casino: 

- Always opt for licensed crypto casinos: Unlicensed casinos [may offer more lucrative bonuses](https://brendanbeeken.com/cryptocurrency-regulations/) and promotions, but they come with greater risk. Remember that you cannot fall back on a third-party institution to help you if you are scammed. You are your own boss. 

- Seek the best overall experience: Some casinos offer better experiences and features than others. 

When considering crypto casinos, look at restricted countries, the number of accepted cryptocurrencies, customer care, provably fair games, payout and withdrawal terms and conditions (including speed of action), the number of available games, and VIP bonuses and programmes. 

- Anonymity: If you are looking for an anonymous experience, perform due diligence and choose the best option. Keep in mind the above two points to stay on the safer side. 

- Additional safety controls: Crypto casinos that allow you to control spending limits and monitor the amount of time you spend on the platform are not just looking to earn money but actually care about their customers. In an industry where customer well-being is often overlooked, look out for yourself. 

Now that you know what crypto casinos are, everything about choosing one, and the pros and cons, it is time to explore the best cryptocurrency gambling websites in the business today. 

## Top crypto casinos 2023 

Mentioned below are the best crypto casinos in 2023: 

- Stake: Best overall cryptocurrency casino experience. 

- Cloudbet: Fantastic crypto welcome bonus. 

- BC.Game: A gamified VIP programme experience makes it stand out. 

- Bitcasino.io: The best user experience in the business. 

- Bets.io: Anonymous crypto gambling? Here is your best bet (pun intended!). 

- Thunderpick: Where innovation and cryptocurrency gambling meet. 

- Metaspins: The best customer care at your service. 

## Stake 

 ![Stak website homepage screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_14_14_28_d4075b3ea4.png)


Founded in 2017 with a Government of Curacao licence, [Stake](https://stake.com/) is one of the more well-rounded crypto casinos on this list. 

Stake offers more than 100 [cryptocurrency deposit options](https://brendanbeeken.com/top-10-crypto/) such as Bitcoin, Ethereum (ETH), Litecoin, Dogecoin (DOGE), and Ripple (XRP), more than 1,000 casino games, an active community, and multiple languages of operation. 2FA safety is another important point of consideration, as well as lucrative promotions. 

The website comes with an attractive user interface (UI). To create an account, click the Register Instantly button, enter your email address and date of birth, and create a username and password. Agree to their terms and conditions and click on the Play Now button. 

 ![stake sign up form screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_14_13_31_d764257204.png)


Alternatively, you can register via Facebook, Google, LINE, or Twitch. If you do not own crypto, fiat deposit options such as debit/credit card, Google Pay, and Apple Pay are also available. 

While Stake offers frequent, amazing promotions, there is no welcome bonus, which is odd. Other sports betting websites may offer better odds than Stake on major sporting events. In terms of payout details, fees, and restrictions, it is difficult to determine how Stake operates. 

## Cloudbet 

 ![Cloudbet website screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_14_12_16_46ce7d4983.png)


https://www.cloudbet.com/en/) is one of the best crypto casinos in the business and offers an amazing BTC welcome bonus. If you deposit up to 5 BTC, you will receive an unmatched welcome bonus, which is hard for rivals to match. Founded way back in 2013, Cloudbet also holds a Curacao licence. 

You can deposit numerous cryptocurrencies, such as Bitcoin, Ethereum, Dogecoin, Bitcoin Cash (BCH), Tether (USDT), and Polkadot (DOT). In terms of community support, the crypto exchange offers a whopping 17 languages of operation, including English, Spanish, German, Italian, French, Russian, and Japanese. 

To register, simply enter your email address and create a password. You can register via Google, Facebook, and GitHub as well. 

With a beautiful UI, provably fair games, a secure website, thousands of slots including more than 50 live tables, a rather impressive sportsbook, exotic betting options, and withdrawals within 10 minutes, Cloudbet is a good cryptocurrency betting option. 

That said, Cloudbet has a fair share of cons, including limited details of operation (fees, restrictions, and payout details), the VIP programme being invite-only, and a potential handling fee for deposits. 

## BC.Game 
 
![BC Game website screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_14_08_47_3231994b5b.png)

Looking for a promotion-driven crypto gambling experience?[ BC.Game](https://bc.game/) has your back. At the time of writing, BC.Games offers 15 promotions. Its welcome bonus is outstanding. New players will receive a bonus of up to 270% on their first deposit, which may go up to 360% by the time they make their fourth deposit! Neat. 

Founded in 2017 with a Curacao operation licence, you can deposit hundreds of cryptocurrencies and take advantage of the service in numerous languages. The website comes with a light and dark mode, a simple layout, and, most importantly, a provably fair selection of casino games. 

That said, the lucky spin game is not provably fair. Given that it is a ‘lucky’ spin, you will not [lose any money](https://brendanbeeken.com/should-i-invest-in-crypto/), so try it regardless! To register, simply enter your email address/phone number, create a password, and agree to their terms and conditions. 

One of the standout features of the gambling provider is the ability to exchange altcoins for Bitcoin, Ethereum, or Dogecoin. This means that you can play with a wide selection of crypto assets! BC. Game’s VIP experience is among the best around. 

## Bitcasino.io 

 ![bitcasino.io website screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_14_07_22_ae4d8b95e3.png)

[Bitcasino.io](https://bitcasino.io/), or Bitcoin Casino, is an interesting option for crypto gambling. As soon as you open the website, a popup will appear on the bottom left of your screen, requesting you to connect your MetaMask wallet to the website. This will enable you to log in, deposit, and withdraw, all from one place. 

Bitcasino.io has the simplest website of the options reviewed so far. You can log in with MetaMask or Google. Alternatively, you can create an account by creating a username and password. Google Authenticator 2FA is available, making website login a secure experience. 

The crypto gambling provider was founded in 2014 and, surprise, surprise, holds a Government of Curacao eGaming licence. Bitcasino.io claims to be the first of the licensed crypto casinos. I cannot verify whether this is true. 

The welcome bonus is quite attractive, to say the least. 

 You will receive 20% cashback on your deposit! Bitcasino.io has a sound customer service reputation. That said, if you want to ask a customer representative questions before registering, this is not possible. You can access a list of FAQs instead. 

You can deposit cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Tether, and Cardano (ADA). Fiat deposit options are dependent on your region. The cryptocurrency casino has a solid Loyalty Club, so do check it out. 

Other pros include more than 3,000 casino games, by far the largest selection on this list, and many active promotions. The provider's sportsbook odds disappoint, though. Compared to prominent crypto gambling and online gambling providers, the odds on offer are on the lower side. 

Bitcasino.io is not an anonymous gambling website. For anonymous gambling, check out [Bets.io](Bets.io). 

## Thunderpick 

 ![Thunderpick crypto casino website screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_14_04_16_8877eadfab.png)


This brings us to the final crypto casino of the discussion, [Thunderpick](https://thunderpick.io/en/). Apart from having a cool name, the gambling provider does pack a punch. The crypto eSports betting website is an innovative colossal. 

Registered as recently as 2017 under a Curacao eGaming licence, while Thunderpick’s website may not speak of innovation, its offerings sure do. Starting from the registration process, it is quite easy to sign up. 

Simply enter your email address, create a password, agree to their legal terms and privacy policy, and click the Join button. You can deposit cryptocurrencies such as Bitcoin, Ethereum, Ripple, Tether, Bitcoin Cash, and BNB. The crypto gambling website is available in seven languages. 

With the craze for eSports reaching feverish heights of late, Thunderpick is one of the best websites for eSports crypto gambling. Popular tournaments for games such as League of Legends, Dota 2, Valorant, Rainbow Six, Kings of Glory, and Overwatch are covered, with impressive odds. 

At the time of writing, 212 eSports events are covered, with mesmerising promotions to back up your gambling prowess. If you are not interested in eSports, the sportsbook offers good odds, and there are many casino games to choose from with good promotions. 

Thunderpick is one of the best crypto casinos for prize pools, with lucrative daily prize drops. Along with promotions and prize pools, a well-crafted rewards scheme is in place. The games at Thunderpick are provably fair and, importantly, there is an option for responsible gaming restrictions! 

This is very important if you think you may have a gambling addiction. I urge you to explore this option and consider Thunderpick for this feature alone. With nearly 2,000 slots, an active betting community, exotic casino offerings, and a VIP membership programme with insane perks, it is hard to look beyond Thunderpick. 

## Crypto casinos conclusion 

On a final note, DYOR at all times, stay safe, and choose a crypto casino that best meets your gambling needs. Have fun! 



Crypto Casinos 2023 Review

[Bitvavo](https://bitvavo.com/en) launched in 2018, aiming to bridge the gap between the globally accepted traditional currencies such as the Euro (EUR) and digital assets.  

Since digital assets became a mainstay in the 2010s, the launch of Bitvavo in the Netherlands as a European [exchange](/news/article/kraken-crypto-exchange-plans-bank-launch) was seen as a step in the right direction for an industry largely dominated by platforms from Asia and America.  

As the development team behind the project continue to work towards expanding and improving the trading platform, many sceptics who are consistently searching for the leading crypto trading platform ask if Bitvavo is among the best cryptocurrency exchanges in the market today.  

To find this out, we must thoroughly assess the pros and cons of buying cryptocurrencies with the platform and the latest developments surrounding the project. 

## Pros of buying cryptocurrencies with Bitvavo  

It supports a large number of cryptocurrencies. According to the platform's official website, it has listed more than [175](https://bitvavo.com/en/about#:~:text=The%20Bitvavo%20platform%20was%20launched,and%20expanding%20the%20Bitvavo%20platform.) digital currencies that can be bought, stored, and traded. Among them are mainstream cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano (ADA), Litecoin (LTC), and Dogecoin (DOGE). With the rise of ChatGPT and artificial intelligence, stakeholders of this booming industry can invest in [AI token](/news/article/will-enhance-token-explode) Fetch.ai (FET), while those glued to decentralized finance (DeFi) can buy DeFi tokens like Yearn Finance (YFI) and Maker (MKR). 

High volume exchange. Trading volume is an integral part of choosing an exchange as well as settling on a cryptocurrency. This platform is among the most patronized, with more than $100 billion in cumulative volume. To show you the worth of the exchange, market and consumer data reporter [Statista listed](https://www.statista.com/statistics/864738/leading-cryptocurrency-exchanges-traders/) the exchange among its top 50 by daily trading volume.  

Supports PayPal. As one of the most used electronic wallets globally, PayPal has more than 400 million users. With PayPal, customers can see their accounts credited with any amount or number of digital currencies they want. Aside from PayPal, the platform accepts the e-commerce payment system iDEAL and the e-payment solution MyBank. Moreover, the Single Euro Payments Area (SEPA) makes it possible for customers to make direct Euro (€) payments via direct debit as well as credit transfer. Online banking platform SOFORT also allows customers to move funds in and out of their accounts.  

Highly accessible platform. Bitvavo has three-way accessibility. For desktop users, the exchange can be found on the World Wide Web using any web browser or search engine. Additionally, smartphone users whose devices are powered by Android and iOS can download the exchange's application via Google Play and Apple Stores, respectively. With a user-friendly interface, traders can easily dabble in cryptocurrency investing.   

## Cons of buying digital currency with Bitvavo  

It's tailored to the needs of just European traders. The decentralized finance market, unlike centralized finance, does not stop. The market is always open to traders from all walks of life so long as they can access the internet. Unfortunately, the Bitvavo platform serves Europeans, and this practically cuts off potential liquidity that could have been poured into the exchange from traders from Africa, North, Central, and South America, and the Middle East. 

Does not support PaySafe Group's products. PaySafe is one of the biggest names in the electronic payments business. Its two flagship products, in the form of Skrill and Neteller, are accepted by most European exchanges due to their reach in the region. Not supporting these e-wallets as payment methods does not bode well for such a popular trading platform. 

Euro (€) is the sole currency for transactions. Many exchanges try to adapt to the demands of customers who move to Europe but hold accounts in other currencies that need to be accessed for trading. Unfortunately, Bitvavo exchange does not make provisions for currency swaps. Anyone wanting to engage with this platform should find EUR or search for another platform.  

## Conclusion 

Bitvavo is among the best European exchanges any trader can use. But like any journey in the cryptocurrency industry, independent research should be prioritized. While this exchange has worked for more than one million people, it may not work for you. Therefore, do your own due diligence.  

Assess the pros and cons of investing in the Bitvavo exchange, the additional products it offers, such as [staking](/news/article/kda-staking-earning-kadena-rewards), which can bring you consistent passive income, and read reviews from past customers that have engaged with the platform over an extended period. 

bitvavo cryptocurrency exchange logo on blue background image of cryptocurrency coins

Bitvavo: Best Exchange on the Market?

[Coinmama](/news/article/coinmama-crypto-exchange) and Coinbase are two popular crypto exchanges, thanks to their user-friendly interfaces and commitment to security. But in the Coinbase vs Coinmama battle, which one is right for you?

## Coinbase vs Coinmama overview

Coinmama was founded in 2013 and allows users to purchase various cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Cardano, Litecoin, Tezos, Ripple, and [Dogecoin](/news/article/elon-musk-twitter-dogecoin), using fiat currency. It accepts credit and debit card payments and bank wire transfers for deposits.

The minimum purchase amount on this exchange is $50, and it supports all fiat currencies. However, it charges a commission fee of up to 3.90% on buy transactions and up to 0.9% on sell transactions.

This exchange offers three account transaction limits, with Level 1 having a limit of $15,000, Level 2 having a limit of $50,000, and Level 3 having a limit of $1 million. The daily credit card buy limits for Level 1 and Level 2 are both $5,000, while Level 3 has a limit of $7,500. The daily bank transfer buy limits for Level 1, Level 2, and Level 3 are $15,000, $30,000, and $50,000, respectively. The exchange charges a 5% deposit fee for credit card payments but no withdrawal fee. They also offer customer support through email and support tickets, and it has a mobile app available for download.

[Coinbase](/news/article/coinbase-google-partnership) was founded in 2012 and is based in San Francisco, California. The exchange has over 100 supported countries and offers trading in more than 3,000 cryptocurrencies with 150+ trading pairs. However, this exchange does not have its native token. The exchange supports fiat currencies such as USD, EUR, and GBP and has a minimum deposit of $2. Users can deposit funds through ACH, Fedwire, Silvergate Exchange Network, and SWIFT, with fees ranging from free to $25. The maximum daily buying limit on Coinbase is $25,000 daily, and transaction fees range from $0.99 to $2.99. Withdrawal fees are between 0.55% to 3.99%. It has applications available for both iOS and Android, and customer support can be reached through email and phone.

## Ease of Use

Both of these exchanges are user-friendly exchanges. Coinbase has a more extensive user interface and a broader range of features, making it suitable for beginner and expe[text](link)rienced traders. It also offers a more comprehensive range of cryptocurrencies to trade and allows for staking and lending some cryptocurrencies.

[Coinmama](https://www.coinmama.com/), on the other hand, has a more streamlined user interface, making it easier for beginners to use. It also provides a simple buying process with fast transactions. However, it offers a more limited range of cryptocurrencies to trade.

## Security

On 15 February, 2019, Coinmama experienced a security breach that leaked 450,000 email addresses and passwords. The exchange's official statement revealed that the breach was part of a large-scale global hacking attack affecting 24 websites and 747 million records. But, if we look at the positives, customer cryptocurrency funds are never held or stored on the site, and payment information is not saved, which means that personal financial details and cryptocurrency are not at risk of being hacked.

In 2021, [Coinbase](https://www.coinbase.com/) suffered a security breach due to a vulnerability in its account recovery system, which compromised at least 6,000 user accounts. However, Coinbase promptly fixed the issue and fully reimbursed affected users. Despite numerous hacking attempts, Coinbase has remained vigilant in safeguarding its platform.
So, both of these platforms are safe and secure.

## Fees

Coinbase applies a fee that varies depending on the size of your transaction. Transactions of $10 or lower incur a fee of $0.99, while those between $10 and $25 cost $1.49. Transactions ranging from $25 to $50 require a price of $1.99, and those between $50 and $200 cost $2.99. Transactions exceeding $200 incur a fee based on a percentage of the transaction amount. Additionally, Coinbase charges a spread-based fee of 0.50%.

Other fees depend on the payment method used. ACH transfers are free, while a bank account or USD wallet incurs a 1.49% fee. Credit or debit card transactions attract a 3.99% fee, while wire transfers require additional costs of $10 for incoming transfers and $25 for outgoing transfers.

When trading on Coinbase Pro, fees range from 0% to 0.5% per trade. Users can expect to pay a taker fee ranging from 0.04% to 0.50% and a maker fee between 0% and 0.50%.

Coinmama charges commission fees that vary from 0.99% to 3.90%, based on the customer's Loyalty Level. By standard practice, the exchange applies a spread to balance the unpredictability of a decentralized currency without a fixed market rate. Additionally, Coinmama imposes an "express fee" for particular payment methods that involve securing the exchange rate for a prolonged duration. Such payment methods comprise credit/debit cards, Google Pay, Apple Pay, Skrill, and NETELLER.

## Supported cryptocurrencies

Coinmama offers a diverse selection of cryptocurrencies for purchase, including some of the market's most popular and widely-used digital assets. Here, users can buy Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and Ripple (XRP). It offers trading pairs with several stablecoins, such as USDC and USDT, which are pegged to the US dollar, providing stability to users' cryptocurrency investments. Other tokens available for purchase include Chainlink (LINK), Dogecoin (DOGE), EOSIO (EOS), Loopring (LRC), Numeraire (NMR), OMG Network (OMG), Uniswap (UNI), Wrapped Bitcoin (WBTC), Yearn Finance (YFI), and Aave (AAVE). It's worth noting that some cryptocurrencies may not be available in certain regions due to legal restrictions or other factors.

Coinbase Wallet supports Ethereum and all EVM-compatible networks on the mobile app and browser extension. This wallet has pre-configured networks such as Arbitrum, Avalanche C-Chain, BNB Chain, Gnosis Chain, Fantom Opera, Optimism, Polygon, and xDai. \

The Coinbase Wallet mobile app also supports Bitcoin, Dogecoin, and Litecoin. Users can also link their Coinbase.com account to the Coinbase Wallet to buy or transfer cryptocurrency. However, it is vital to consider that not all supported crypto on Coinbase Wallet may be available for trading on Coinbase.com and vice versa. 

Sending funds between the Coinbase.com account and Coinbase Wallet incurs standard network fees. The wallet also supports thousands of tokens, including ERC-20 tokens and all tokens on EVM-compatible chains and stablecoins such as USDC and DAI on all supported networks, including tickets on the Solana Network.

## Coinbase vs Coinmama conclusion

In conclusion, Coinmama and Coinbase are user-friendly, secure, and reliable exchanges. When it comes to choosing from Coinbase vs Coinmama, you must consider your individual needs, such as the range of cryptocurrencies you wish to trade, your transaction limits, and the fees you are willing to pay.

Coinbase offers a broader range of cryptocurrencies and has a more extensive user interface, making it suitable for both beginner and experienced traders. In contrast, Coinmama has a more streamlined user interface and provides a simple buying process with fast transactions.

Regardless of your winner of the Coinbase vs Coinmama showdown, it is always important to prioritize security and to use a reputable and trusted platform for trading cryptocurrencies.


coinbase and coinmama apps in front of blue abstract image

Coinbase vs Coinmama: Which is Better for You?

BitVestment is an investment service that offers users a trading robot to trade the digital currency markets. Put in other words, BitVestment is an app for automated trading of the cryptocurrency markets.

The world of cryptocurrency trading is less than ten years old. The need for software to perform several functions will continue to grow for a market that continues to evolve. Some of this software is already being used in more established markets, like forex.

Forex robots for retail forex trading have been around since the mid-2000s and have become a market staple. But the use of trading robots in the crypto market remains patchy and not very popular. There has been more investment in [gaming robots and the GameFi ecosystem](/news/article/top-blockchain-projects-2023) than in the development of trading robots. 

BitVestment is one of the first attempts to bring automated trading to the retail participants of the digital currency market. Here is a review of aspects of this service, so that traders know what they are getting with this product.

## A summary of trading conditions on BitVestment

The table below summarises some of the essential trading conditions of the service. Not much is indicated on the website about how to register for the service and what using the service entails. This is why it is necessary to highlight some of the important trading conditions you will encounter before and after registering for the service.

![Screenshot 2023-03-22 at 09.38.58.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_22_at_09_38_58_6732062eef.png)

## How BitVestment works

The BitVestment app has to work on a trading account to produce results. You will receive login information and the codes to activate the app, let it work on the account for some time, and hopefully, turn a profit. Usually, you will be assigned a preferred broker on which the app works as part of the process. It is presently still being determined how much the BitVestment app costs and whether a profit-sharing agreement caters to the compensation of the app's owners.

The BitVestment service requires all prospective users to provide their details on the online form of the home page to request more information about the product. This is so that the company will not breach the regulations regarding disseminating marketing information on CFDs for crypto assets. These are part of more comprehensive regulations first issued in 2018 under the European Securities and Market Authority (ESMA). The Financial Conduct Authority is the UK's financial regulator and, under ESMA until Brexit, adopted several of those recommendations. So you have to consent to be sent information on the BitVestment app.

After filling out the online form on the home page, you will be directed to the Thank You page, where you will take several steps to set up your account. This is where you will open an account with a compatible broker, where your copy of the Bitinvest app has been set up.

The first step is a phone call verification and setup process. You will receive a call within 30 minutes of completing the form from Monday to Friday during business hours. You also have the option to reschedule the appointment if the timing is not suitable.

Once you complete phone verification and setup, the next phase is to fund a trading account with any of the preferred brokers/exchanges listed on the page. This will require a money deposit, serving as the capital with which the BitVestment app will trade.

## Registering with BitVestment

When you decide to trade with BitVestment, you can follow these steps to access the service.

1.	Fill out the form on the right-hand side of the home page, as shown below.

2.	Once you have completed the form and sent it, you will be directed to a "thank-you" page containing the steps required for activating the service.

3.	Receive the call from the team to confirm your identity and to pass the phone number verification.

4.	Choose the preferred broker in the next step and fund your account with the required amount.

5.	You can use the demo account option to test out the app before subscribing to the live account service.

## Pros and cons

There are pros and cons to the BitVestment service. These are listed below.

### Pros

•	Trading is done by the robot in an automated fashion, relieving the trader from the responsibility of analysis and trading.

•	There is no cost attached to using the software.

•	Any deposits made remain your money, and you can end the service and withdraw your funds whenever you want.

•	The automated nature of the trading app gives new users a shorter curve for earning from the market.

•	The service is accessible to all traders irrespective of your country of domicile. There are no restrictions whatsoever.

### Cons

•	The software is relatively new and there needs to be more data on the long-term performance of this software.

•	The service appears unregulated, meaning investors will not qualify for the FCA's investor compensation scheme.

•	Customer support is minimal, and there needs to be more channels to reach the team behind the product.

## BitVestment app features

Here are some features you will encounter when using the BitVestment app.

•	Informative website
Even if you eventually do not sign up for the service, the website is a compendium of trader education. It presents write-ups and articles on various trading topics, all of which will enhance the quality of information available to the trader on how trading works.

•	Quick sign-up process
The sign-up process on the BitVestment website is simple. The online form is strategically placed on the right side of the home page. It only requires the user to submit a few pieces of personal information before moving on to the next steps.

•	User-friendly interface
There is very little the trader is expected to do on the trading portal, except to activate the software for trading to start or deactivate the app for trading to stop. The trader retains the power to determine when the app trades.

## Costs of using the service

Trading on the cryptocurrency market usually attracts maker/taker fees. From our analysis of the BitVestment service, these are the only fees traders will incur. There is no separate cost to using the BitVestment app and no trading commissions. There are also no account maintenance fees.

This would prompt questions on how the team behind this app makes money. A commission structure between the team and the exchange/broker allows the team to earn from trading activity rather than from a cost applied to the software.

![Screenshot 2023-03-22 at 09.39.10.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_22_at_09_39_10_557e8a4d44.png)

The only other fees that may be incurred are the network confirmation fees payable for all crypto deposit and withdrawal transactions. These are determined by the miners who validate the transactions.

## Customer support

Customer support for this app is minimal. The only way to reach out to the team behind BitVestment is to use the online contact form on the website. There are no emails, phone numbers, or social media contacts, making it hard to get proper support if you experience issues with the service. This is a huge minus.

![bitv.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/bitv_6894050551.png)

## BitVestment minimum deposit

The website featuring the app does not stipulate what the initial deposit into the account you will open with the preferred broker is. 

However, trading is an activity where you need money to make money. It is a game of numbers where the higher you invest, the higher your rate of return could be. The general template would be for an initial investment of 500 units of currency (dollars, pounds, euros, or USDT).

![bitv2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/bitv2_5636ec3a49.png)

## Is BitVestment a scam?

Before a product can be classified as genuine or labelled as a scam, sufficient evidence must support either claim. The evidence must come from verified users who have used the product for an appreciable length of time and have either lost money or had some other unsavoury experience. Even [investment banks have been fined](https://www.cnbc.com/2019/05/16/eu-regulators-fine-five-banks-for-forex-rigging.html?&qsearchterm=forex) several times for scammy behaviour, but they still operate as usual.

There is little information to make any claims of authenticity or otherwise. The site is relatively new, and there are no notable user complaints so far. Where there have been, there is no evidence that such persons are verified users. The fact that the BitVestment team did not make any outlandish claims on the website makes it more challenging to have a benchmark by which the service can be gauged.

At this time, it is hard to say if this service is a scam. However, as with all investment types, you are advised to only trade with money you can afford to lose and do your due diligence not just with the site, but with the preferred brokers whose platforms will be used for the investment.

## Conclusions about the service

BitVestment is a passive investment service that allows traders to apply its trading app to their accounts with listed partner brokers, aiming to earn from trading the cryptocurrency market. In addition to this app, the website also serves as a compendium of resources for trader education. The site also claims to have a trading forum through which investors on this app can network with each other, even though evidence of its existence is sketchy.

While the service being advertised appears laudable, several deficiencies have been noticed. A lack of an effective customer support system is a huge minus, given that we are at an age where information and digital communication is everything. A site of this magnitude should boast at least ten communication means, not just a simple online form.

You must try out this service with a demo account option and subscribe to the live trading platform with funds you can afford to lose. The site did not display any trading history to show the service's profitability. Even if there was, you must understand that past results do not indicate future outcomes.

We recommend only going live with this service after you have tested it with a demo and a small live account. You should also check out the preferred brokers listed on the site to ensure you can withdraw funds when needed.

## FAQs

Here are some frequently asked questions regarding the BitVestment service.

### What is BitVestment?

BitVestment is an automated trading app that provides subscribers with automated trading of the cryptocurrency market.

### How does BitVestment work?

You register for the service by filling out a form and depositing funds with a broker whose platform is pre-configured with the trading app.

### Is BitVestment a scam or legit?

The service is relatively new. As of now, there are no scam reports online. However, the software does not have enough history to determine if it is 100% genuine.

### What currency does BitVestment accept?

Cryptocurrency deposits in USDT are accepted. Your location will ultimately determine how you can fund your account.

### How can I join BitVestment?

You must complete an online form and fulfil the requirements in the next stage of the process to gain access to the service.

### Who owns BitVestment?

The owners of BitVestment are not known, as the website does not provide this information. This appears to be a common practice with developers of such products.

### Are there any country restrictions on trading with BitVestment?

There are no restrictions on who can open an account with BitVestment, no matter your country of origin. However, you still need to pass the broker’s KYC checks to be allowed to trade.




blue image of bitvestment logo on pile of bitcoins

BitVestment App Review 2023 

MyLiquidityPartner is a rewards token that relies on liquidity pools. Liquidity providers contribute crypto assets like ETH/USDC/BTC to their liquidity pools to support trading. Here's our review.

A liquidity pool is a group of cryptocurrencies that gather fees from trading activities. These pools are created through smart contracts that secure and lock the tokens for decentralised exchanges (DEX) trading. [Decentralised finance](/news/article/instrumental-finance-defi) (DeFi) platforms commonly use automated market makers (AMMs) to facilitate trades, allowing digital assets to be traded automatically using liquidity pools instead of the traditional buyer-seller markets.

## How could liquidity partners earn? 

Partners can earn up to 2.5% each week based on the value of funds they contribute to the pool. The firm reduces the risk for its partners by allocating matched coins. The platform absorbs all the permanent risks associated with pool management, so the individual partner doesn't bear any risk. The Total Value Locked (TVL) is currently $350M and steadily increasing. The 24H trading volume is over $50+M and is trending upwards. This presents a chance to earn $400K in fees from a single pool.

In addition to receiving weekly 2.5% payouts, partners can opt to re-stake their commissions. Re-staking involves using the weekly payouts to buy more assets, thereby increasing the total asset count in the pool. The MyLiquidityPartner pool is designed for hyper compounding, with returns of 117% APR & 218% APY.

In addition to weekly payouts, partners receive an MLP Token, a loyalty reward token for existing pool partners. The MLP Token serves as an appreciation gesture for their participation in the program. It allows those who cannot afford to join the pool to participate and enjoy the platform's rewards while having access to immediate cash flow. Token holders can choose to donate their tokens to the Ruby Family Foundation. This fully transparent blockchain-based foundation allocates 100% of its funds towards global outreach programs for mothers and children. By making donations of reward tokens to the foundation, partners can directly support its mission efforts.

## Trading and fees on the Uniswap platform

Trades on the [Uniswap](/news/article/uniswap-exchange-nft-aggregator) platform are executed between USDC and ETH. Transaction fees are charged whenever these trades occur, and liquidity providers earn a percentage of these fees as passive asset growth proportional to their pool contribution. 

Liquidity Partners receive a weekly partnership fee, which begins at 0.75%, on their [Ethereum](/news/article/ethereum-pow-price-prediction) (ETH), Bitcoin (BTC), Shiba (SHIB), Ape Coin (APE), and USDC. Partners can choose between receiving weekly payouts or the "Hyper-Compounding" option.

For those who want to participate in a larger yield pool, MyLiquidityPartner also operates a BTC pool. It has a minimum deposit of 1 BTC. Before contributing, each partner must complete a full KYC approval, and there is no lock-in period.

## MyLiquidityPartner review: The pros

It is a fully decentralised platform that has been gaining popularity lately. With a surge in market price, a project white paper readily available, and an active community of 13.2K on Twitter, it is not surprising that many investors are flocking to invest in this platform. The contract on Ethereum ensures that the platform is secure and transparent, while being listed on [coinmarketcap.com](https://coinmarketcap.com/) provides credibility to the forum. Moreover, the website is easy to navigate, which is a plus for investors looking to get started with the platform.

## MyLiquidityPartner review: The cons

This cryptocurrency is still in the research and development stage. There are multiple issues with its synchronisations between ledgers, which is a cause of concern. Moreover, it must be listed on some exchanges, making it difficult for investors to buy and trade. One of the significant drawbacks shown in a MyLiquidityPartner review is the lack of a GitHub profile, which is essential for transparency and community involvement. 

Additionally, the absence of a Reddit account and Bitcointalk thread further hinders its popularity and reach. Furthermore, there are no traceable features on Tradingview, making it challenging to analyse the coin's performance.

Overall, this MyLiquidityPartner review shows it has a long way to go in establishing itself as a reliable and trustworthy cryptocurrency.


blue image of my liquidity partner logo on blue background image of US dollars and cryptocurrency coins

MyLiquidityPartner Review: Pros and Cons 

[Rocketpot](https://rocketpot.io/) is a licensed crypto casino that operates under the regulations of Curacao eGaming. It features a mobile and desktop-friendly platform for users to enjoy gambling activities.

The casino prioritizes the privacy and safety of its users. Players can use Bitcoin and other cryptocurrencies to play in the casino, ensuring safe and secure entertainment. Utilizing blockchain technology and Bitcoin, the casino provides advanced security methods and more opportunities for players to win jackpots and earn Bitcoin.

## Rocketpot - The online casino

Rocketpot casino is a leading provider of Bitcoin games, offering a vast selection of almost 3,000 slot games, more than 300 table games, and live casino games.

Players can win guaranteed prizes through a reward system as they explore the website and play more. On reaching level 500, players can even win more than 20 BTC and enjoy the best Bitcoin blackjack games, classic slots, and more.

With several slot games available, players can easily choose their favourites and start playing. The only main requirement for wagering is a cryptocurrency wallet followed by registration on the platform. 

The crypto casino offers several top-tier live dealer games, providing a unique and engaging gaming experience. With a commitment to dedicated customer support and accessible tools, RocketPot constantly updates its offerings to provide the best user experience. Players can even use different crypto coins to play their favourite games.

## User-friendly gaming experience 

Rocketpot casino provides a user-friendly interface, allowing players to enjoy a wide range of Bitcoin games. With a focus on responsible gambling, the casino offers games, such as jackpots, playable with various cryptocurrencies. Available on desktop, iOS, and Android devices, users can download the casino or play directly from their mobile browser, providing convenient access from any location.

The platform features a simple and easy-to-use UI, including two-factor authentication and multiple cryptocurrency options for in-game interactions and placing bets. With high-quality graphics, players can enhance their gameplay experience by accessing different functions and selecting fast-paced gaming options. Rocketpot casino is optimized for players seeking a seamless, enjoyable gaming experience.

## How to register with Rocketpot

Rocketpot casino offers a swift sign-up process for new users. Before registration, it's advisable to check the casino's wagering requirements and bonuses and be aware that the services may not be available in certain jurisdictions.

To sign up, visit the Rocketpot website and click the sign-up button. 

Customers can enjoy various games the casino offers after registering and depositing Bitcoins. The platform offers Bitcoin bonus rounds to players who deposit and play with Bitcoins through their accounts.

Compared to other crypto casinos, the registration process on Rocketpot is quick and doesn't require extensive verification procedures. It typically takes less than a minute to register and get started.

Users must provide basic personal information such as username and email address to complete the registration process. The e-casino ensures that every Bitcoin transaction is processed within 10 minutes so that users can start gambling without any delay.

## Payment method

Rocketpot offers a range of payment options to ensure inclusivity. As a cryptocurrency casino, it provides more extensive payment options for crypto users. However, fiat payment options are also available. The accepted cryptocurrencies are Bitcoin, Bitcoin Cash, Litecoin, [Ethereum](/news/article/ethereum-pow-price-prediction), Dogecoin, NEO, Tron, USD Coin, [Ripple](/news/article/sec-vs-ripple-news), Cardano, Binance Coin, and Tether USD.

For those without cryptocurrency, depositing on Rocketpot is simple. The third-party payment provider, UTORG, allows you to buy BTC, ETH, LTC, or TRON using USD. This fast and user-friendly process enables players to begin playing and potentially win quickly.

## Withdrawal method

The platform offers various withdrawal methods to its users. Players must click on the website's withdrawal tab to withdraw their cryptocurrency and select a coin. They should then enter their crypto wallet address and the desired withdrawal amount. A verification link is sent to the user, and upon clicking the link, the withdrawal is processed. Rocketpot applies a withdrawal fee deducted from the withdrawal amount. Players should ensure they check the withdrawal limits before initiating a withdrawal.

The processed withdrawal is sent to the user's wallet. The withdrawal fee for Bitcoin is 0.0006, with a minimum deposit fee of 0.001 BTC. Additionally, Rocketpot offers customers a daily 10% cashback reward for a certain period. For example, if a player loses $100, they will receive a return of 10% the following day.

## Casino game offerings

Rocketpot provides new users a demo mode to familiarize themselves with the various live games. Users can enjoy [Bitcoin](/news/article/bitcoin-bull-or-bubble-debate) slots and live dealer variants of table games, which offer a thrilling gaming experience with reduced wagering requirements. 

Below is the list of online casino games provided by Rocketpot:

### Slots

Players have access to a diverse array of slot machines. With more than 3,000 games available, 2,600 of them are dedicated to various types of slot games. The platform also offers crypto video slot machines, which can be conveniently accessed via the slot menu.

### Jackpot games 

The casino offers jackpot games that allow players to contribute a small portion of their wagers to a collective prize pool. Some popular jackpot games available include Mega Moolah Goddess, Cash Splash 5 Reel, and Major Millions. These games were developed by the renowned game developer MicroGaming and offer some of the biggest winning potential.

### Table games 

Rocketpot provides its users with an array of crypto table games, with separate tabs for roulette and blackjack games.

### Live casino

This platform offers a selection of high-quality live casino games powered by top software providers. It provides a wide range of games, with more than 700 options available through Evolution Gaming. Popular options include live blackjack, live roulette, live baccarat, and several live game shows, like Dream Catcher.

## Rocketpot Sports and esports betting 

### Sports betting

Sports enthusiasts can place their bets using Bitcoin or other preferred cryptocurrencies, which offers more advantages than other deposit methods in the casino. Transactions through these digital currencies are secure, fast, and safe, just like other top Bitcoin casinos, allowing users to deposit or withdraw funds within minutes. Users can head to the crypto sportsbook betting section to place a bet, deposit their preferred cryptocurrency with a few clicks, and start placing their wagers.

### Esports Bitcoin betting 

Rocketpot is a casino that allows users to place bets on its sportsbook if they excel in Rocket League, DOTA 2, FIFA, NBA 2K, or tennis. The casino also features esports Bitcoin betting, a wide variety of matches, and tournaments sure to pique users' interest.

### Bonuses and promotions

This online casino regularly introduces new promotions to keep long-term and new users engaged. Players can click on the bonus tab to learn about these offerings. For a limited time, the casino is providing a list of promotions, bonuses, and rewards that it currently offers. Below are the details of these limited-time offerings:

### BTC welcome bonus

This platform offers a BTC welcome bonus that doubles a user's first deposit. Additionally, players receive 10% cashback as bonus money and can earn other prizes upon starting their gameplay. The platform also provides instant withdrawals, allowing players to withdraw their winnings anytime.

### Super boosted monthly race

Each wager counts as one point on a leaderboard, with prizes paid out in Bitcoin. Additionally, users can receive 2,000 free spins.

Newcomers to Rocketpot can enjoy a range of bonuses, such as the Rocketpot casino gift card, welcome bonus, and deposit bonus. Adding an initial deposit can double their funds, allowing them to explore the various games offered on the platform. Additionally, players can benefit from 10% cash back on all their wagers.

Apart from these incentives, players can also receive a unique treasure chest with a guaranteed prize after clearing each level. In a nutshell, the platform offers an appealing gaming experience with numerous opportunities for users to win big.

### Affiliate program

Rocketpot offers an affiliate program enabling its users to invite their family and friends and earn up to 45% commission as an affiliate, making it the most lucrative compared to other cryptocurrency casinos. It supports 30 different types of cryptocurrency that offer minimal transaction fees and are user-friendly.

### Customer service

Customer service is a vital aspect of any casino, and Rocketpot casino prioritizes customer satisfaction by providing various contact options, including 24/7 live chat and email support. In addition, its mobile-friendly website ensures usability for a wider range of users, allowing them to enjoy the Rocketpot experience on almost any mobile device. The casino also offers language support for English, Spanish, Japanese, and German-speaking customers, with plans to add more options. The e-casino offers a hassle-free experience through live chat support, with friendly and informative representatives providing all the necessary answers.

## Is the platform safe?

Rocketpot is a legitimate online casino that provides an enjoyable gaming experience to its players. The casino has partnered with several well-known game providers in the iGaming industry, including Pragmatic Play, Evolution Gaming, Push Gaming, Microgaming, EvoPlay entertainment, and more. As of the writing time, there are zero complaints raised for the platform, adding to its credits of a legit e-casino. Its 2-factor authentication feature is ideal for keeping the user's information safe and secure. 

With more than 3,000 games available, players can use Bitcoin, Litecoin, Ethereum, Bitcoin Cash, or their preferred currency to bet and win. Therefore, Rocketpot is a top choice for anyone looking for a reliable and entertaining online casino.


Purple image of Rocketpot logo on purple background

Rocketpot Bitcoin Casino Review 

Based in the UK, CEX is a cryptocurrency exchange platform with more than four million global users. The platform has a team of 250 people from multiple countries and operates under the Financial Conduct Authority's temporary registration scheme.

[CEX.IO](https://cex.io/) first shot up to fame by being one of the first fiat-to-crypto exchange platforms in the UK. Users that signed up on the platform could easily trade fiat currency like GBP or USD for the cryptocurrency of their choice via card payments and bank transfers. The platform is also a founding member of the CryptoUK, whose mission is to build cooperation between the UK's regulatory authorities and major cryptocurrency players.

## CEX exchange UK offering review

CEX is a significant leap for all looking to trade in crypto. This is because the platform allows users to buy, sell, and trade with more than 115 cryptocurrencies and in 225 trading pairs. It can be accessed via browsers and on both Apple and Android devices.

At the time of writing, CEX.IO has three products available for UK customers: CEX.IO, CEX.Broker, and CEX.Direct.

## Cryptocurrencies available on CEX.IO

Right now, CEX.IO allows users to trade with more than 200 digital currencies and tokens. CEX exchange UK users' most popular cryptocurrencies are:

•	[Bitcoin](/news/article/what-is-bitcoin) (BTC).

•	Litecoin (LTC).

•	[Ethereum](/news/article/ethereum-price-in-uk) (ETH).

•	Bitcoin Cash (BCH).

•	Cardano (ADA).

•	Cosmos (ATOM).

•	Tether (USDT).

•	Uniswap (UNI).

## Who can trade on CEX.IO?

CEX.IO caters to three different types of users that it calls everyone, businesses, and traders.

Everyone can go on the crypto exchange platform and use the instant feature to buy the crypto of their choice. CEX.IO takes the cake when it comes to payment methods, as it is flexible and allows users to pay via credit cards, debit cards, Apple Pay, Google Pay, and more. It also allows users to soft stake in 13 cryptocurrencies, letting them earn crypto and crypto-backed loans. This enables people to get fiat currency by offering their crypto as collateral.

For traders, the exchange provides spot and margin trading platforms and a mobile app, CEX.IO, which they can use for trading even while on the move.

The CEX exchange UK business offering allows firms to sign up via CEX.PRIME. CEX.PRIME lets institutional-sized buyers attain liquidity.

Businesses can also integrate cryptocurrency payments using CEX.DIRECT, a cryptocurrency payment gateway that works under CEX.IO.

## CEX.IO Fees 

CEX works on the maker-trader model, which means that all its transaction fees are based on the 30-day trade volume for all the coins users deal in. This is recalculated every day at 00:00 GMT.

CEX exchange UK fees for low volume and new users are a 0.25% makers fee and a 0.15% takers fee. As you become a more regular user trading in higher volumes, the fees are almost waived depending on the amount you spend.

## CEX.IO Security

Security is a strong focus for CEX.IO. The Financial Conduct Authority conducts the CEX exchange UK regulation. The platform is registered under FinCEN as a money service business in the US. The platform also has a Money Transmitter License (MTL) in 33 states.

## CEX.IO customer satisfaction

CEX exchange customers in the UK rated the platform as "excellent" on Trustpilot with a score of 4.7/5 calculated from more than 22,000 reviews. The platform leaves behind its most famous competitors, such as Coinbase and Kraken, regarding customer satisfaction. 

Moreover, the team at CEX.IO exchange is committed to increasing customer satisfaction even more as it responds to any negative or dissatisfactory customer reviews within 48 hours.

CEX.IO previously had mining services available to the public. That came to a halt due to profitability issues, which was met with many negative customer reviews. However, CEX.IO has rebuilt its reputation and works well as an exchange platform for new and experienced customers.

To conclude, for people looking for a smooth and low-fee cryptocurrency exchange platform, CEX exchange is the way to go.

With a user-friendly design and great customer satisfaction, CEX is undoubtedly the best in the UK.


blue iamge of CEX crypto exchange logo and exchange

CEX Exchange UK Offering Reviewed 

[Litevault](https://www.litevault.info/) is a user-friendly online wallet for storing, sending, and receiving Litecoin (LTC). It offers the convenience of accessing your LTC from any internet-connected device without downloading the blockchain.

It ensures the safety of users' wallets by encrypting them before storing them on its servers. It provides the added security of two-factor authentication via email address. This web wallet is open source, and its software has been developed with a focus on simplicity and ease of use. Additionally, it requires no operating system for its functionality. 

Originally designed for the storage of LTC, Litevault has since added the ability to use Changelly and other options.

The platform is managed by an individual known as "Someguy123", based in the UK. They have developed various projects, such as the Litecoin Block Explorer. Presently, "Someguy123" is working on producing code for the [Litecoin](/news/article/litecoin-predictions) 2.0 exchange and a new initiative called "Coinbet".

The e-wallet provides an online service that employs in-browser cryptography, which helps to minimize the likelihood of the coin operator accessing your cryptocurrency assets without your consent.

## How does it function?

Upon logging into Litevault, the server receives your identification information from the browser. It then sends an encrypted form of your wallet and the AES algorithm. The browser decrypts this using your password (which is not shared with the server) to access your private keys for signing transactions.

The utilization of the wallet is free of charge. However, when conducting [LTC](/news/article/litecoin-price-gbp) transactions, users must consider that the Litecoin network demands a fee for each data processing activity. In addition, exchanges typically impose a service charge ranging from 0.5-2% when purchasing Litecoin.

## How to use the e-wallet

To use the Litevault [wallet](/news/article/best-crypto-wallet-uk-top-picks), one must register an account by signing up and entering their full name, email, and other necessary information. After verifying the account, users can log in and create a new wallet encrypted with their chosen passphrase and store it on the company's server. 

Users can also enable two-factor authentication to keep a backup of their passphrase for added security. Additionally, it offers Tor hidden service for users seeking anonymity. 

## Is Litevault wallet safe?

The wallet has gained a significant following in the cryptocurrency market due to its user-friendly interface and high level of security. It has maintained a flawless track record with no reported security breaches. 

This is because all data passing through the tool and the browser for accessing the wallet is encrypted. Only the user with the wallet's passphrase can decrypt this information. As a result, it is crucial to safeguard the passphrase as it is the only means of restoring and gaining access to the funds it holds.

## Bottom line

Litevault wallet is a reliable and secure tool designed specifically for Litecoin users. It boasts an open-source web-based interface that is intuitive and beginner-friendly. Additionally, its exclusivity to Litecoin is not a hindrance as it is the first and most established [altcoin](/news/article/altcoin-buzz) with a stable market cap. Moreover, Litecoin serves as a trading pair for most crypto assets, making it a convenient option for users. Litevault is also a fast and dependable light node capable of handling various Litecoin transactions.


blue image of blockchain and litevault logo

Litevault Wallet Review 2023 

10bet has fought competitors over the years and has become a leading betting platform for many punters in the [United Kingdom](/news/article/crypto-regulation-uk).
11. 
Founded in 2003, it is a pioneer betting platform that became one of the fastest-growing online bookmakers in the UK.

Here, we look at what the betting company is, how to place a bet with it, the number of payment options supported, the type of markets it supports, and other features embedded into its system. 

## What is 10bet? 

As an online gambling company, 10bet offers casino, live casino, and sports betting services to gamblers.

Despite the stiff competition in the [UK](/news/article/uk-crypto-regulation) from other gambling companies such as Bet365, William Hill, Ladbrokes Coral, Betfair, Paddy Power, Betway, 888sport, and 32Red, among others, it uses promotions and offers to bring in new customers and maintain existing ones.

To entice new customers to the platform, the betting company has set a registration offer that enables punters to earn up to £25 in bonuses. Being eligible for this type of bonus relies on the amount of money you first deposit with the betting outlet. 

Aside from this, there are promotional offers that can see bettors earn up to 50% of their deposits up to a maximum of £50. To be eligible for a £50 bonus, you must fork out a minimum deposit of £100.

Although gambling has taken over the world of sports and become a part of our daily lives, not all financial institutions have thrown their backing behind betting. This begs the question, what types of payment methods are supported by 10bet? 

## Types of payment methods on 10bet

Many UK gamblers have become accustomed to using electronic wallets such as [PayPal](/news/article/paypal-crypto-reserves-$604-million), PaySafe Group's Skrill, and Neteller, as well as Apple Pay, EcoPayz, and Trustly, for their online gambling activities.

If you are interested in 10bet, you should note that the company accepts PayPal and bank cards (debit cards).

Unfortunately, popular e-wallets Skrill and Neteller are not supported. PayPal and debit card transactions are processed instantly and credited to punters' accounts within a few seconds. 

## What betting markets are on 10bet? 

There is a range of sports betting markets for wagers interested in holding an account with the gambling company.

For punters in the UK and the rest of the world except the US, [football](/news/article/cronos-crypto-falls-flat-world-cup) is the primary focus due to the success of the English Premier League (EPL) in the UK and abroad.

Aside from the Premier League, other international leagues such as the Spanish La Liga, Italian Serie A, French League One, and German Bundesliga are among a host of other European leagues and major football tournaments available on the platform.

For football, some of the most popular markets patronized by bettors include, but are not limited to, match results, anytime scorers, over/under goal markets, and both teams to score.

In addition to football, the platform supports wagering on motor racing, snooker, pool, handball, rugby league, ice hockey, baseball, golf, darts, cricket, boxing, National Football League (popularly known as American Football), greyhounds, basketball, and horse racing.

In addition, 10bet supports in-play betting and has a cash-out feature embedded in its platform.

In-play betting is where a  gambler places bets on ongoing live games. The cash-out feature allows bettors satisfied with the amount of money added to their initial wagering amounts to take off with the accumulated sum before the bet is settled.

With a thorough understanding of the types of payment methods and markets on the platform, you should know how to place a bet on the company’s website and mobile application. 

## How do I place a bet with 10bet? 

You cannot use social media applications without signing up for an account with them. The same holds for registering with gambling websites across the globe. To set up an account, you must be 18 years and above.

Firstly, you must locate 10bet by clicking [here](https://www.10bet.co.uk/). On the dashboard of the website, navigate to JOIN NOW, which can be found at the top right-hand corner of its online address.

Secondly, provide authentic details of yourself. In the space provided, you must provide your full legal name, verifiable email address, phone number, and home address. Much emphasis has been placed on legality and authenticity because, like all gambling companies, it will pass you through a verification process called Know Your Customer (KYC).

Thirdly, you must provide legal documents to confirm your identity. In compliance with rules and regulations, the company vets new bettors. As a result, you will need to upload an identification card such as a passport, a national ID card, or a driver's license. In addition, demands will be made for a bank statement, internet, or utility bill not more than six months old to help verify your home address. This will also help the company find consistency in the address linked to the PayPal account or debit cards used as payment methods.

Fourthly, make a deposit using the aforementioned payment methods. 
Lastly, navigate the sports betting markets, place a bet on your preferred market, and wait for the bets to settle. 

## Does the company have an app? 

Yes, 10bet comes with a mobile application, making it one of the best and fastest places to gamble. The application can be found and downloaded on the Google Play Store and Apple Stores.

As a highly accessible platform, it also doubles up as a user-friendly app that simplifies betting for even the most novice of all punters. 

## Conclusion 

10bet is among the best betting sites for new and existing bettors in the UK.

While competition will always be tough due to the potential profits that could be made within a short period, the company has lined up promotions and bonuses to keep it active in the market.

This explains why it has more than 1 million active users and is present in over 100 countries.


Is 10bet Among the Best Betting Platforms? 

This 3Commas review dissects one of the most celebrated crypto trading bot platforms, bringing you the essential features, pros, cons, and a quick guide on using the app to set up a profitable trading strategy.

The secret desire of most crypto traders is that you can sit back and have an army of automated trading bots do the donkey work of making you money. If that's your dream and you've contemplated using Bitcoin and crypto trading bots but aren't sure if they're safe, we've got you covered.

## Overview 

3Commas is a cryptocurrency management platform based in Tallinn, Estonia, offering numerous trading tools designed to improve [crypto trading](/news/article/how-does-crypto-trading-work) and efficiency vastly. In partnership with several exchanges, the platform operates a trading bot as a web-based service. The team’s goal is to help limit investors’ exposure to losses, minimize risk, and maximize profit-making.       

A [trading bot](/news/article/bitcoin-bank-trading-bot) is a piece of computer software that uses parameters pre-determined by a trader to automatically and continuously execute trades. Using the bots enables traders using the platform to develop advanced trading behavior, keep up with data from different exchanges, and implement effective stop-loss or take-profit strategies. According to the firm, more than 220,000 active monthly traders were using the service, with its bots currently working with at least [23 leading cryptocurrency exchanges](https://3commas.io/blog/best-crypto-trading-tool), including Coinbase, Huobi, Binance, and others.    

## Getting started with 3Commas

The first step for new users interested in the 3Commas platform is signing up using their email address and password or via Apple or Facebook ID. Once you're done signing up, you need to set up your account and create your initial trading bot.    

Next, you need to pick your preferred trading strategy before linking your account to one from more than 23 partner cryptocurrency exchanges. The process involves inputting your account API (Application Programming Interface) settings, the API secret, key, and passphrase, all located in the crypto exchange account settings.

Once connected to an exchange, you need to set up a trading bot and customize it or pick a preset one depending on your preferred trading strategy. Clicking “Create Bot” will launch your strategy and activate your bot. You can monitor your account and trading activities using the “My Portfolio” tab, including asset allocation breakdown or real-time profit/loss.    

## Pricing plans 

3Commas offers various subscription tiers beginning with a free plan, starter ($29 monthly), advanced ($49 monthly), and pro ($99 monthly) – there's a 50% discount if paid annually. While every plan comes with different structures, all the account types have common features, including trading view integration, automated trade across leading exchanges, multi-level referrals and portfolio tracking, and free mobile Apps. Overall, the pricing looks fair compared to other crypto bot trading platforms. 

## Key features

The key features of 3Commas include:

Functionality: The platform’s easy-to-use and intuitive interface provide dynamic settings and tools for trade management, including valuable data and analytics about trading performance and history.

Technology: The trading bots facilitate 24/7 automated trading via API integration with crypto exchanges. Traders have at their disposal tools that continuously scan multiple charts, searching and accomplishing trade setups on behalf of users.

Tools: The platform offers various trading tools to facilitate manual and automated trading strategies. Traders have access to tools for creating, analyzing, back-testing, copying other traders' portfolios, or launching demo tests. There are at least 30 different indicators and more than 90 candle patterns for use with different techniques.

App Store: 3Commas offers dozens of free-to-download apps to aid monitoring, bot tracking/management, and other trading strategies.

Manual Trading: Users can buy or sell across various exchanges in one window via a somewhat useful manual trading feature.

Smart Trade: The platform operates a smart trade dashboard offering advanced charting and trading features where traders can view any trade pairs from connected accounts and analyze them using the built-in TradingView feature. Users can also create advanced trades, place market, limit, or condition orders, including stopping loss and taking a profit.  

Education: Users, even those with zero knowledge of cryptocurrencies, have access to the 3Commas trading school to learn about bot trading and technical analysis and become successful traders. The courses cover everything from crypto basics to [trading strategies](/news/article/simple-cryptocurrency-trading), besides enabling a simulated crypto market to try out your bot before actual trading.   

Mobile App: The mobile app has features similar to the desktop version meaning you can conveniently perform trades on your smartphone besides checking trades on the move.  

Customer support: 3Commas runs a full 24/7 customer support service in multiple languages and has several FAQ articles addressing common customer concerns.

## Advantages 

•	The platform supports more than 23 major cryptocurrency exchanges.

•	Relatively affordable and offers a 50% discount on annual subscriptions.

•	Exhaustive features for automated and manual trading.

•	Accessible across most parts of the world.

•	Easy-to-use and intuitive interface across different devices, including iOS and Android mobile devices.

•	Good cryptocurrency exchange connections.

•	Smart trading and copy trading.

•	Cloud-based platform.

•	Minimal KYC (know your customer) details required.

•	Offers a trading school for newbies and non-experts to improve trading skills.

•	The platform offers a paper/demo trading account for testing trade strategies. 

## Disadvantages 

•	The platform is not cost-effective for small-volume trading.

•	Automated trading bots are only available in Advanced and Pro plans.

•	Some features are not available to beginners and casual traders.

## Should you use 3Commas? 

Whereas other trading bots don't work as expected or are challenging to use, 3Commas has a simple setup process, is easy to use, and appears relatively reliable compared to its competition. A highly customizable interface and robust security have made it the go-to platform for beginners and experienced crypto traders since its launch in 2017.   
 
The overwhelming number of positive reviews and a growing number of users testify to the platform as a fantastic automated trading platform and crypto trading bot. While some users occasionally experience challenges when trying to integrate TradingView, additional features such as social trading, portfolio creation, and tracking make 3Commas a reputable option for traders interested in including automated cryptocurrency trading into their trading portfolios.


blue image of 3commas logo and man trading with trading bot

3Commas Review: Key Features, Pros, and Cons

Revolut is an example of the 'neobank' which have flooded the market in the last few years, as this review will explain. 

Offering more than traditional banking services, neobanks such as [Revolut](https://www.revolut.com/) allow users access to a wide range of other financial services, including several foreign currencies, trading facilities, cryptocurrencies, and debit cards.

Due to Revolut's inability to secure a UK banking licence, it offers 'interest-bearing vaults' rather than traditional deposit accounts.

## Revolut review introduction

Technology is the constant which drives human development across the planet. None more so than in the realm of personal finance. The last five years have seen an entirely new approach to banking with the introduction of mobile financial applications, which offer more than pure banking services. One of the biggest success stories in the past five years is the banking app Revolut.

Revolut is a British-based digital banking and financial technology company that provides various services, including debit cards, foreign exchange, and peer-to-peer payments. 

As well as a desktop-based website, the company's services are accessed through a mobile app and are available in various countries worldwide. The core goal of [Revolut](https://en.wikipedia.org/wiki/Revolut) is to make banking more accessible, more affordable, and convenient for its customers.

## Revolut review background

With headquarters in London, the company was founded in 2015 by Russian native Nikola Storonksy and Ukrainian Vladimir Yatsenko and originates from Level39, a financial technology incubator based in the City.

In a little under three years, the company had raised $250 million from a series C funding round which gave the company a subsequent $1.7 billion post-funding valuation.

As of 2021, due to a successful $800 million funding round, the company is valued at $33 billion, has 15 million users worldwide, and generates a revenue of $261 million. These impressive statistics make Revolut one of the most valuable tech start-ups today. However, despite this valuation and record turnover, the company recorded a $167 million loss in 2021.

According to the company website, some 1.1 million customers use Revolut daily, generating some £65 billion in transactions since 2020. According to recent statistics on the company website, Revolut is available in 37 countries worldwide.

The team behind Revolut features some heavy hitters from the world of international finance. In August 2019, the company announced a series of hires, including former Goldman Sachs executive director Wolfgang Bardorf, ex-Visa fraud prevention manager Philip Doyle, and former corporate finance manager Stefan Wille. Shortly afterward, the company announced a deal with Visa that expanded the operation into 24 new territories resulting in the hiring of 3,500 extra staff.

Despite some impressive statistics Revolut does not actually hold a UK banking licence despite applying in January 2021. Regardless, the company continues to expand and has recently begun operations in Japan and the US, increasing its staff from 1,500 to 5,000.

As mentioned above, despite holding a challenger banking licence from the European Union, Revolut does not hold UK banking status. This limits the scope and security of its operations. In particular, this means that any deposits made with the app are not covered by the Deposit Protection Scheme. Therefore, Revolut uses third-party banking services such as Barclays and Lloyds to store customer deposits to their platform. This also means that Revolut cannot reimburse any customers who fall victim to authorized push payment fraud.

## Revolut review: Services

As of January 2023, services listed on the Revolut website include debit cards, virtual cards, Apple Pay interest-bearing vaults, foreign exchange, commission-free stock, and crypto and commodity trading.

The popular mobile application supports spending and ATM withdrawals in 120 currencies, with direct transfers available in 29 currencies directly from the app. Any payments made at the weekend incur extra fees of between 0.5% and 2% to protect customers from exchange rate fluctuations.

In 2022, Revolut launched its stock trading app modelled on popular competitor Robinhood, which allows users to trade various stocks, commodities, currencies, and crypto.

Due to the rise in [popularity of crypto](/news/article/bitcoin-surge-hits-new-heights), Revolut allows its users to trade some of the largest cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and XRP. However, unlike professional trading platforms such as Binance, cryptocurrency cannot be deposited or spent from Revolut, but only converted back to fiat inside the mobile application.

This is because Revolut uses the Metropolitan Bank of New York, which has a zero crypto policy.

Alongside access to crypto and commodities, Revolut provides an equities trading facility that gives access to a wide range of US stocks and fractional share purchases/sales. However, like crypto, any stocks purchased on the platform cannot be transferred to another broker but must instead be sold or converted back to cash which can then be withdrawn.

Revolut offers two premium tiers on top of the free-to-use basic service. These are Premium and Metal.

•	Premium offers users unlimited foreign exchange, 'double free' ATM withdrawals abroad, and free travel insurance.

•	Metal provides all Premium features plus 1% on any currency (including crypto), 'quadruple free' ATM withdrawals abroad, cashback opportunities, and various discounts.

The company also recently launched its 'Junior Account', aimed at 7 to 17-year-olds, to teach younger people how to budget and take responsibility for their finances.

According to company statistics, the average user monthly deposit to the platform is £305, below nearest competitors Monzo and Starling. Monzo remains the UK's largest neobank with 4.7 million users; however, with 4.2 million, Revolut is head and shoulders clear of its nearest rival, Starling, which has 2.7m UK customers. 60% of Revolut's customers are male with an average age of 34 years, two years older than Monzo yet one year younger than Starling Bank.

## Revolut review: Fees

As with any banking application, consideration of the fee structure is very important. Revolut has made sure their fees are competitive.

Opening an account with Revolut is free. There is no monthly cost to use and maintain your account, albeit on a basic level. The application makes its profit from what are relatively high fees in a variety of other ways.

Users who wish to apply for a Revolut debit card must pay £4.99. Premium plan users can get their hands on a card without charge.

Customers who wish to withdraw money via an ATM do not have to pay any charges up to £200 per month. After this amount, there is a charge of 2%.

When transferring cash between bank accounts, customers can do this via traditional banking wire methods. The company does not charge for this service. However, those users who wish to transfer money via the SWIFT network will incur a charge.

Additionally, Revolut does not charge a fee for customers looking to top up their accounts using a different bank card.
Revolut users who wish to trade or exchange currencies do not incur charges for amounts up to £1,000 on weekdays, but will be charged 0.5% above this amount. Currency prices are based on competitive exchange rates sourced from third-party providers. At weekends, exchange rates are fixed and prices include a mark-up for both users of the free as well as the paid-for plans.

As with close competitors Monzo and Starling, Revolut earns most of its revenue from a process known as interchange, where it takes an additional 0.2% of every transaction fee.

## Controversy

Despite the perceived success of Revolut, a handful of controversies have dogged the brand in recent years.

Any account suspected of suspicious activity is automatically frozen by algorithmically driven trading bots. While any account suspension is designed to be temporary until human review, there have been a number of cases where customer accounts have been frozen for a considerable amount of time, leading to inaccessible balances.

The company said this was due to a lack of compliance agents. The scandal deepened further when affected parties understood that despite no longer having access to their accounts, Revolut did and, therefore, could continue to expose any balances to wholesale money markets, earning interest. Furthermore, any customers with suspended accounts were blocked from accessing customer support channels, instead receiving an automated response from pre-programmed chatbots. To date, some 500 customers have been locked out of their accounts with little or no response from the Revolut customer support team.

A March 2019 investigation by the journalistic platform Wired expressed concern over Revolut's employment practices and workplace culture. The report found that along with high staff turnover, employees were often expected to work for free and ordered to work weekends to meet company targets. The following year, Wired conducted another investigation that uncovered further underhand practices concerning redundancies in the wake of the COVID-19 pandemic. Employees who were not immediately terminated were expected to accept a 'salary sacrifice scheme' to keep their jobs.

Due in part to Revolut’s inability to obtain a UK banking licence, the company is not aligned to the Contingency Reimbursement Model Scheme and, so, has refused to reimburse any victims of Authorised Push Payment Fraud in the UK.

## Pros and cons

There are several benefits to opening an account with Revolut. However, these are balanced with a series of drawbacks.

### Pros ~

•	A modern and diverse range of banking features, including cryptocurrency options.

•	Flexibility in regards to account top up.

•	Worthwhile perks for Premium and Metal account holders.

### Cons ~

•	No UK banking licence means no current accounts and no deposit guarantees or standing orders.

•	Very poor customer support.

•	Accounts can be frozen without any warning.

## Revolut review conclusion

Compared to other UK challenger or neobanks, Revolut can be considered to have a more European-centric focus. 

Operating in every EU jurisdiction, Revolut is also present in other countries which have established trade relations with the European block, including Australia, Canada, Japan, and the US.

Due to the controversy surrounding Revolut's decision to disable sanctioned transactions, Revolut still does not hold a UK banking licence despite applying twice, the latest time in 2021. It circumnavigates this problem by running its banking operation via Lithuania, which approved its European banking licence in 2018.

Founder Nikolay Storonksy has grand ambitions for Revolut, aiming to become a financial 'super app' modelling itself along the lines of China's WeChat and Alipay, which have revolutionised banking in mainland China. Whether he gets to realise this ambition is yet to be seen.

Despite some bad press and stalling of business operations, Revolut remains the [second most popular neo-banking app](https://www.businessofapps.com/data/revolut-statistics/) in the UK market today. [4] The leadership team of both Nikolay Storonksy and Vladimir Yatsenko are strong supporters of the movement opposed to Russia's invasion of Ukraine, with the company donating £1.5 million to the Red Cross Ukraine appeal. This may go some way to improving a somewhat tarnished reputation.


Revolut Review - Everything You Need to Know 

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


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