If you're considering making money from your crypto holdings in 2023 and beyond, this guide discusses Raydium staking and shows you how to make money from it.  

There are different ways to make a fortune from the burgeoning cryptocurrency market. Most people have only heard about buying and HODLing crypto traditionally while waiting for prices to improve, but staking to earn passive income on idle cryptocurrencies in an ingenious method.

## What is Raydium?

[Raydium](https://raydium.io/) is a decentralized automated market maker (AMM) built on the Solana blockchain. It draws its liquidity from the Serum decentralized exchange (DEX). The platform facilitates trading digital currencies, like cryptos, via liquidity pools, which remain a significant feature in the Decentralized Finance (DeFi) circles.

Liquidity pools are made of individuals (liquidity providers) who lock their crypto in a smart contract to be used as trading pairs in markets for traders on the DEXs. An AMM protocol guarantees liquidity in a digital market, such as a cryptocurrency exchange. AMMs are designed to set asset sales and purchase prices automatically and are primarily used in predictive markets. 

As an AMM, Raydium plays two fundamental roles. Apart from providing access to Serum’s order book, its algorithm is based on CFAMM (constant function automated market maker), a continuous function whose architecture is anchored within Solana and Serum.

## What is RAY and how does it work?

RAY is the native token of the Raydium ecosystem. It was launched on 21 February, 2021, with an initial supply capped at 555 million tokens. The RAY development team apportioned and locked up 20% of the supply that couldn't be sold for three years. One-third of the total RAY token supply (188 million tokens) is available for mining, and it's estimated that block rewards will be halved every six months. In the same vein, 0.03% of transaction fees earned on the platform are reserved for Raydium staking rewards.   

## What can RAY tokens be used for?

Holders of the RAY token can generate interest, totaling up to 0.03% of the platform's total trading fees, via Raydium staking, besides getting some limited rights to intervene partially in the protocol's governance. RAY holders can also vote for proposals on amendments and issues submitted to the community. The size of a user's voting power is determined by the amount of RAY tokens they own. You can buy RAY from numerous leading cryptocurrency exchanges where it's listed or directly from the Raydium website.

## What is Raydium staking?

[Staking in crypto](/news/article/what-is-staking-crypto) is a process similar to the mining function. Participants are selected to add blocks and establish the validity of transactions for which they get rewarded in crypto. While the exact implementation may differ for different projects, participants lock in their tokens for a specified period to guarantee that they will act in good faith and not violate the rules.  
  
If you're a long-term crypto holder, Raydium staking can work for you by generating passive income instead of you letting your digital assets gather dust in your wallet.

Moreover, staking contributes to the security of the Raydium protocol, making it resistant to attacks as you strengthen its transaction processing ability. Staking Raydium in its farms of fusion pools also enables you to earn more RAY tokens. Currently, stakers can make an annual percentage return (APR) for staking RAY at [9.84%](https://raydium.io/staking).

## How to stake RAY 

Raydium staking is a straightforward process that takes three simple steps:

1.	Select your favorite crypto exchange.

2.	Buy RAY tokens or transfer your coins to your [crypto wallet](/news/article/cryptocurrency-hardware-wallet).

3.	Stake, and wait to start earning.

You can also stake directly on the Raydium website by clicking the STAKE tab and confirming the transaction.

Your RAY token rewards will grow depending on the current APR against the RAY vault. You can collect your accrued rewards at intervals. At this point, you withdraw your original staked amount plus the earned rewards.

## Is staking Raydium a good investment? 

Since the character of cryptocurrency experiences a wavelike motion, there's every chance that the price of RAY can appreciate and get to an all-time high as the crypto winter thaws. Should the price of Raydium increase, it could generate good returns, giving Raydium staking a good long-term earning potential.


green image of Raydium crypto token logo with periodic table in the background

Raydium Staking: Earn Crypto Rewards Easily 

As the crypto market continues to develop, we are witnessing more and more ways to get involved in the cryptocurrency hype. An area gaining popularity is the Play to Earn (P2E) sector. One of the latest P2E games is Rollercoin, which describes itself as an 'online crypto mining simulation game'.

The idea is simple. Players are rewarded with a share of block rewards depending on their mining power – just as in real crypto mining. This may sound fraudulent, but by all accounts, the project is legitimate.

As with other P2E games, the idea is to build your character – the stronger the character, the more crypto it earns. Registration is free and straightforward, meaning you can be good to go in less than five minutes.

P2E has its critics, but no one can argue against its market penetration, especially in South East Asia, where games like Axie Infinity became the primary source of income for many through the pandemic.

## Block rewards

The Rollercoin gameplay is easy to understand, which is one of its biggest draws. As in the real world of Bitcoin mining, players are awarded block rewards based on their mining power. There are two main ways competitors can increase their mining power. These are:

•	Buying miners.

•	Playing games.

Games are an exciting and fun way to gain power, but any power extracted only lasts 24 hours. It is generally accepted that buying miners is a better strategy.

The Rollercoin game has been created to entice players and keep them entertained with cool graphics in a fun environment. The more power extracted, the more you can customise your character and in-game functions. The choice to [keep or reinvest your block rewards](https://www.esports.net/crypto/games/rollercoin) rests solely with you.

Although purely a Bitcoin mining simulator, Rollercoin is fun to play and introduces players to the often technical concept of Proof of Work mining, which is no bad thing. That said, we are currently witnessing a move towards more sustainable crypto blockchains and, therefore, interest in energy-intensive PoW projects may start to wane in the near future. At this point, it is difficult to say.

## Immersive experience

If you are new to the P2E concept, games like Rollercoin may sound too good to be true. Looking closely at the project, there is no reason to be pessimistic. Although minimal, players earn Satoshi's (SATs) while playing the game. Once earned, you can remove them to an external wallet or keep your earnings on the platform. For more information on the earning potential of P2E games, check out [our article](/news/article/play-to-earn).

For this Rollercoin review, I have kept things simple. However, anyone interested in how the game works only has to look at the [FAQ page](https://rollercoin.com/faq). As you will see, players also have the opportunity to mine Ethereum and Doge.

Rollercoin offers players a fun and immersive experience, one which mirrors the often quite stressful real world of crypto mining. Players must consider many issues, such as hash rates, predicted profit, and remembering to recharge their machines when needed. As I mentioned above, this is a great way to become familiar with the mining concept without getting your digital hands dirty.

Block rewards are processed every ten minutes, which gives a rewarding and enjoyable experience. Furthermore, Rollercoin players can invite their friends to join in the mining fun, creating a competitive edge to the platform. Players are also encouraged to participate in one of the many contests and promotions the platform supports to reward the most hard-working miners. This, of course, is a great way to keep players engaged and talking about the project.

Overall, despite its initial appearance, Rollercoin is a decent way to spend a couple of hours. The fact that you are rewarded for your endeavours is even better. Play to Earn is an interesting concept and one which may well take the world by storm in the next five to ten years. Rollercoin is a simple and hassle-free way to find out if this is something that works for you.


purple image of crypto mining server farm and hamster rollercoin logo in centre

Introducing Rollercoin: Crypto Mining Made Easy 

Traditional financial service companies and startups have noticed that cryptocurrency is becoming a valuable investment asset and getting bigger. To attract new users with crypto, they've introduced a new type of cryptocard with great flexibility and security features. Here's what you need to know.

## What is a prepaid cryptocard?

Also known as a crypto debit card, a [prepaid cryptocard](https://www.mastercard.com/global/en/business/issuers/crypto/card-program.html) is a card that takes funds from a user’s crypto account. The card is topped up using crypto from an individual’s or cryptocurrency exchange accounts. Crypto debit cards allow users to spend their crypto funds instantly without moving money around. 

Before their introduction, crypto holders intending to spend their assets had first to convert them from crypto exchanges and have them wired to their accounts, a process that would take hours or several days.

A prepaid cryptocard can be used for in-person and online purchases and cash withdrawals from ATMs, including from ATMs and vendors that don't traditionally accept cryptocurrencies. Cardholders no longer need to exchange their digital assets for any local currency. Once preload their crypto debit card with a given amount of cryptocurrency, it automatically and instantly converts during a transaction. 

## Crypto credit vs. debit cards

Unlike a crypto debit card tied to your account and drawing directly from your crypto holdings, a crypto credit card functions like a short-term loan. [The card](/news/article/nexo-card-or-binance-card) provider allows you to use their funds, to a specific limit, based on your credit history. Typically, the card provider is responsible for servicing your account, accepting your payments, billing you for purchases, and all other administrative tasks. Your responsibility is to make timely payments to continue enjoying the service.

## Should you acquire a prepaid cryptocard?

As knowledge about cryptocurrencies and digital assets rises remarkably, more financial service providers are hitting the market with [cryptocurrency cards](/news/article/best-crypto-card-uk), most of which incorporate rewards they pay out in crypto. The best thing about crypto rewards is that, unlike other reward points programs such as those offered by airlines and some stores, the value of crypto rewards can appreciate. If you believe in cryptocurrencies, a crypto debit card from a trusted provider is generally a good idea.


blue image of person paying at till with cryptocard

Cryptocard Choices: Which One for You?

If you're looking for a non-traditional way of making interest, KDA staking could be an attractive option.

While cryptocurrencies are generally volatile assets and involve some amount of risk, it's possible that you don't know that staking crypto could offer higher returns than you could earn in your traditional savings account. Read on to understand how you can do it.

## What is Kadena?

Kadena coin (KDA) is the native coin of [Kadena](https://kadena.io/), a hybrid blockchain network that presents itself as an alternative to market leaders like Bitcoin (BTC) and Ethereum (ETH). The digital currency can be used to pay for transactions on the Kadena blockchain besides compensating miners for mining blocks on the network. The token is available on a number of centralized exchanges that mainly offer KDA/USDT and occasional KDA/BTC pairs.

## What is crypto staking?

[Crypto staking](/news/article/what-is-staking-crypto) refers to locking your digital assets for a specified time to support a blockchain network's operations. Blockchains, especially those that use a Proof-of-Stake (PoS) consensus mechanism, use a network of participants to validate transactions and add new network blocks. The participants earn more cryptocurrency in return for staking their crypto as a form of insurance. However, should the stakers validate a fraudulent or flawed transaction, they risk losing some or all of their staked crypto. Ethereum (ETH) and Solana (SOL) are examples of other networks that offer crypto staking.   

## How KDA staking works

Staking on PoS blockchains is a continuous process since transaction validation is ongoing. Besides putting their idle cryptocurrencies to work without selling them and earning passively, KDA staking offers token holders network decision authority. That's almost similar to putting money in a savings account or investment bank and receiving interest.   

What you can earn depends on the crypto supply on the participating exchange and the borrowing demand by financial institutions, commercial, retail borrowers, and staking. Stakers can choose durations between one month, three months, six months, and one year. Generally, the longer the staking duration, the greater the number of rewards based on the timeframe. What you can earn in KDA staking rewards ranges from 11% Annual Percentage Rate (APR) for a one-month plan, 14% and 16% for three months and six months, respectively, and up to 18% APR for a one-year program.

## Is Kadena staking a good investment?

The best thing about KDA staking is the opportunity to earn additional tokens, which can be lucrative. You can reach more than 20% or even 100% in extreme situations during the best times, making it an advantageous investment option.

Moreover, unlike crypto mining, which requires investing in hardware whose value goes down with time, the amount of KDA you stake doesn’t depreciate. Only price movements can affect the value of your Kadena tokens. 

With Kadena price forecasts showing the token price could improve and go beyond $2 in 2023 to a maximum of $2.50, this could become a profitable investment in the future at the current prices.


KDA Staking: Earning Kadena Rewards 

The [Freeway](https://freeway.io/) network and token foundation is based on the concept of creating a financial system that is more beneficial for all. It aims to revolutionise how finance is traditionally handled and make it significantly more rewarding.

Recognising that traditional finance methods did not prioritise incentives, Freeway set out to create a new approach utilising the capabilities of blockchain technology and the collective power of individuals. It strives to provide greater accessibility, autonomy, and incentives for all individuals, regardless of location or income level.

## Freeway Token price update

Currently, the [Freeway](/news/article/freeway-crypto-halts) Token (FWT) price is $0.004507 and its trading volume over the past 24 hours is $135,768. This token serves as a useful tool within the rapidly expanding Freeway ecosystem. By holding FWT on the Freeway platform, users can gain additional incentives on the products.

Additionally, staking FWT allows for even more reward opportunities. To purchase this token at its current value, the most popular cryptocurrency exchanges are PancakeSwap and Uniswap.

## What to expect from a Freeway Spend account

This account will provide you with standard banking services and offer increased incentives for your daily expenses. The banking services offered include convenient bank transfers for making deposits and withdrawals, a virtual [debit card](/news/article/ledger-crypto-wallet) for daily purchases, and generous rewards for everyday spending.

## How could you earn from Freeway Token?

As per the company website, by staking FWT, you have the potential to earn annual rewards of up to 30% (estimated). Please note that the actual rewards may fluctuate as the reward pools have various factors that can affect the outcome. The estimated range for annual remuneration is between 15-30%.

You can significantly boost your annual rewards on Superchargers with FWT. By holding a balance of their token equal to or greater than 5% of your overall balance, you will be able to earn an additional 10% in annual rewards on your Superchargers. This means you can earn rewards on your Superchargers through the regular rewards program and earn an additional 10% on top of that through holding FWT. This can greatly enhance your overall returns and make your Superchargers even more valuable.

FWT will ensure the stability and security of the Layer 1 Freeway chain through user staking and delegating to node validators. Both users and validators will benefit from staking rewards pools and gas fees generated by the Chain.

## How to stake Freeway Token

To start staking, simply purchase or deposit your tokens and click the stake button. This will earn you estimated annual rewards of up to 30% for 30 days. At the end of this period, your FWT will automatically unstake. To continue earning rewards, just hit the stake button again and start a new 30-day period. During your 30-day staking period, you have the option to reset it and begin the 30 days anew. However, it is not possible to unstake or withdraw your FWT until the 30-day period has ended.

Furthermore, the benefits continue as your daily rewards for staking FWT are deposited into the Supercharger of your choice, allowing your rewards to earn additional bonuses as well. The simplest method of obtaining FWT at its current market value is through Freeway. Additionally, FWT can also be purchased on several other exchanges, including Uniswap, AscendEX, BitGlobal, and PancakeSwap.

## Why wait before betting on the Freeway Token?

In response to significant market fluctuations, this company has halted its services. The platform stated on its website that it is taking steps to diversify its assets to manage potential future market volatility and secure its ecosystem's long-term stability and success.

The company indicated that Freeway users might have to endure a prolonged period of uncertainty, stating that they will not provide further comments until the ongoing process has been completed. 

According to CoinMarketCap, the Freeway Token (FWT) experienced a decline of 79% from 22 October to 25 October. On 22 October, the FWT was valued at $0.007405, but by 25 October, it had dropped to $0.001535.

Even today, Freeway is not accepting new customer accounts for Superchargers. You'll find a pop-up on its website stating that additional information will be provided in the near future.


Freeway Token: What's Going On?

Pi Network has freed up to 25% of total Pi mining rewards, the latest activity on the blockchain protocol showed.

According to the newest [mainnet metrics](https://twitter.com/Edycabas/status/1623718952181563392?ref_src=twsrc%5Etfw), locked mining rewards currently stand at approximately 1.2 billion (1,218,602,971.0768094) from a total migrated mining rewards of about 1.6 billion (1,621,790,457.8859322).

As a result, the difference of 400 million Pi tokens (or 25% of total migrated mining rewards) are now available for Pi miners (collectively known as Pioneers) who use their mobile phones to contribute to the validation and verification of transactions involving the cryptocurrency. 

Many analysts have attributed the unlocking of tokens to the increasing number of transactions and rewards for Pi miners.  

The milestone by Pi Network comes a month after the project’s core team announced a [Hackathon](https://twitter.com/PiCoreTeam/status/1613899542633582598) to grow its ecosystem. In the crypto and blockchain industry, a Hackathon is an event that enables developers to build decentralized applications (DApps) and other products for a particular project.

The [midpoint check](https://twitter.com/PiNewsMedia/status/1623202439959834625?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1623202439959834625%7Ctwgr%5E8c538e446c96f345906549334804d6be26885f93%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.bsc.news%2Fpost%2Fpi-network-announce-midpoint-check-in-for-hackathon) for the Hackathon is slated for 12 February, with teams using Pi's Open Source license software in their final project standing a chance to receive 20 PI in rewards.

Mobile crypto mining is on the rise thanks to the use of smartphones and devices powered by Android and iOS systems. However, its future remains largely unknown due to a lack of a clear [global regulatory framework](/news/article/is-crypto-regulated-across-the-globe). 

## What is Pi Network?

Founded by Chengdiao Fan and Nicolas Kokkalis as a developer platform and social cryptocurrency, the network allows all smartphone users to mine the tokens without causing harm or destroying the lifespan of their mobile devices. 

PI appeared on cryptocurrency exchanges in December 2022 and reached an all-time high (ATH) price of [$330.65](https://coinmarketcap.com/currencies/pinetwork/historical-data/) on 30 December. With a substantial plunge in trading volume despite the soaring of Bitcoin [(BTC)](/coins/btc), altcoins, Metaverse stocks, AI, and big data tokens, PI has shed more than 80% of its ATH and was exchanging hands for $55.53 in the early hours of 10 February.

Pi is currently supported by several exchanges, such as BitMart, XT.COM, Huobi, Hotcoin Global, SuperEx, and CoinW.


Pi Network Unlocks More Mining Rewards 

Play to earn is a corner of crypto with a huge following in the Far East. The rise of the [Carbon platform](https://crbn.io/), and the Carbon token, could help P2E make its mark in the West.

Play to earn is the concept of earning crypto for playing games on your mobile or computer. Rewards usually come in the form of NFTs or cryptocurrencies, earnt by players for completing tasks or winning battles against opponents. P2E games are built with blockchain technology, allowing users to buy, sell, and trade any in-game items, tokens, or NFTs with other players and on the open market.

[Click here for a detailed breakdown of the roots of P2E, or GameFi](/news/article/what-is-gamefi).

## Next level gaming

The latest P2E platform to hit the market is Carbon gaming. With three titles already slated for release, Carbon allows users to accrue passive income while indulging in their favourite hobby.

Each game is crafted to give players unique gaming experiences. From Snakes to Battle Tanks to Isles of Carbonia, this diversified platform is helping to usher in the next level of online gaming.

Every game allows users to accumulate either Carbon token (CRBN) or NFTs. These can then be held or traded via popular platforms such as UniSwap, PancakeSwap, Gate.io, or HotBit.

## Mobile app

However, Carbon is not just about gaming. This powerful platform provides users with various extra features, such as social media, encrypted messaging, a crypto portfolio tracker, and micropayments for tipping.

Carbon is yet to be developed for the Apple iPhone, but an Android mobile app can be found on the [Google Play store](https://play.google.com/store/apps/details?id=com.carbon.social). The desktop version can be found at [Carbon.social](https://play.crbn.io/). Whatever platform you choose to access, the experience is flawless throughout.

## Tokenomics

The Carbon token, CRBN, has a max supply of 50 million and a circulating supply just short of 33 million. With a current token price of $0.0157, the project has a total market cap of $518,000.

Given the popularity of P2E gaming in South East Asia, there is every chance Carbon will prove as popular as other play-to-earn giants like [Axie Infinity](https://axieinfinity.com/), which boasts more than 700,000 online players.

Carbon has a strong following on social media, with more than 15,500 followers on Twitter, where followers are supplied with product updates and giveaways. Interested parties can also find more information via [Telegram](https://t.me/carbonsocial) and [Discord](https://discord.com/invite/YFEZ47aYpK).

Each game boasts a vast range of ways players can gather Carbon token, which leads to a satisfying and rewarding experience. Users can even earn rewards for creating social media posts and encouraging engagement which adds a whole other angle to the user experience.

Furthermore, you don't have to be a crypto expert to enjoy the Carbon platform. Setup is easy and instructions are helpful and clear, meaning players can create a profile and start gaming, and earning, within minutes.


carbon token logo on a blue and black backgorund. 

Carbon Token: New Ways to Play and Earn

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

## How they work

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

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

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

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

1.	Create a wallet.

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

3.	Apply for your card.

4.     Connect to your wallet.

5.	Fund the card.

6.	Use the card to make purchases.

## Cashback

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

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

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

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

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

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

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

## Other rewards

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

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

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

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

## Reach

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

## Availability

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

## Supported coins

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

## Rewards

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

## Fees

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

## Five of the best

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

- Coinbase

- Crypto.com

- Binance

- eToro

- Nexus	
 
## Conclusion

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

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

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


blue picture of cryptocurrency reward app mobile phone

Best Crypto Rewards Card UK

PepCoin is a rewards program announced and launched by PepsiCo in 2019 in collaboration with PayPal and Venmo. Participants earned 10% cash back. Its aim was to incentive people to consume more of the Foods and Beverage company’s products. 

Considering the name, it was easy for many crypto fans and enthusiasts to assume Pepsi had begun its journey in the crypto world. However, that was not the case.

## How it works

Those who wished to participate in PepCoin had first to visit its official site and set up a free account with a verified email. Once you create a user account, the next step is to link the account with either a PayPal or Venmo account.

More than 70 different types of PepsiCo drinks and Frito-Lay snacks enabled consumers to earn money back on their purchases. The products were specially marked for easy identification.

When you purchased the specially marked items, you’d go to the program’s official site, scan the 10-digit code or enter the numbers directly into the system. Once you reach a $2 threshold, the cash is transferred to your bank account via Venmo or PayPal.

Participants had to buy a pair of specially marked drinks and Frito-Lay snacks to be eligible for the 10% cash back incentive. Those who didn’t scan their drinks or snack codes within 120 days suffered a 25-cent maintenance fee. 

Participants could also scan a maximum number of items each day: three drinks with three snacks. Another limitation was that it was only available to US consumers.

## Why it’s not a Cryptocurrency

The announcement of Pepsi’s rewards program looked like another big win for the crypto space, considering how big a corporation PepsiCo is. 

However, as it turned out, the American Food and Beverage Company was up to its regular marketing stints, trying to take advantage of the popularity of decentralized digital currencies. 

The incentive to buy Pepsi’s products has nothing to do with the crypto space. Those who blindly rushed into it, thinking they would get cryptocurrencies were greatly disappointed.

As of 2022, PepCoin doesn’t seem to be in existence. Its official website is no longer accessible. It looks like the campaign ran for a limited time.

## Bottom line

PepsiCo is known for coming up with some crazy but impressive marketing campaigns that work. PepCoin, while misleading for many crypto fans, they still managed to get many people excited to buy more PepsiCo products. 



PepCoin: Everything You Need To Know

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

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

## What is HyperVerse or HyperFund?

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

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

## What makes HyperFund doubtful?

Here are some of the reasons why it sounds dubious:

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

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

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

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

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

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

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

## Is HyperFund a scam?

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

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

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

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

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

## Final take

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

Be warned and beware!



HyperFund review: is HyperFund a Ponzi scheme?

Moon Litecoin is one of the best faucets that allows anyone with an internet connection and a crypto wallet to earn free Litoshis daily. As of writing, [Litecoin](/coins/ltc) had a trading price of around $94.42.
Crypto faucets are websites or applications that reward users with a small number of digital assets for completing easy tasks.

According to analyst [Eric Nkando](https://www.fxleaders.com/forecasts/crypto/litecoin-price-forecast/) at FX Leaders, the growing adoption of cryptocurrencies could see LTC trade for the best possible price of $1,000 by the close of 2025.

This is a great reason to seek more Litecoins so that you can earn more passive income from cryptocurrency.
Now that you know Litecoin price predictions in the medium term, let us review Moon Litecoin so that you can start collecting Litoshis.

## What is Moon Litecoin? 

Moon Litecoin is a website that allows you to earn free Litoshis as a reward for completing tasks such as surveys, viewing ads, and solving captchas.

Litoshis are fractions of Litecoin. Mathematically, 1 LTC equals 100 million Litoshis.
Litecoin was based on Satoshi Nakamoto's Bitcoin. As a result, LTC can be divided into eight decimal points. This is the primary reason why 1 Litoshi equals 0.00000001 LTC.

The Moon Litecoin faucet platform is part of the Moon Series which also features Moon Cashcoin, Moon Dashcoin, Moon Dogecoin, and Moon Bitcoin.  

## When Was Moon Litecoin Started? 

There are whispers in the crypto community that the Moon Series was launched around 2014. On the part of Moon Litecoin, many believe that LTC was added to the Moon Series in 2015.

## Is Moon Litecoin the Best Faucet? 

While other faucets allow you to earn Litoshis every 60 minutes at worst and every 30 minutes at best, Moon Litecoin rewards you with 1,000 Litoshis every 5 minutes.
Aside from Moon Litecoin, other ways to earn LTCs include Faucetpay, Allcoins.Pw, Cointiply, FreeLitecoin, Litecoin-Faucet, InstantLTC, Coinpayu, Autofaucet Dutchycorp, FreeFaucet, and Firefaucet.

## How Do I Use Moon Litecoin Faucet? 

To begin your journey of earning free LTCs every five minutes from Moon Litecoin, you need to have a smart device such as a mobile phone, tablet, pad, or laptop.

In addition to this, you need a crypto wallet to which the Litoshis will be sent. Moon Litecoin can be integrated with the CoinPot wallet. You can download CoinPot from Google Play Store.
What’s more, you will need to access the Moon Litecoin website. Without having access to this platform, you cannot earn free Litoshis.

## How Does Moon Litecoin Work? 

As part of the Moon Series, Moon is primarily a crypto faucet.
It liaises with third parties to run several promotional events. When you interact with the ads on their platform, you are rewarded with a small percentage of what Moon is paid in the form of Litecoin. After that, your Litoshis are deposited into your integrated CoinPot wallet.

## How Do I Earn Litecoin? 

Create a wallet address on CoinPot by inputting an active email address. CoinPot will send you an email for confirmation.
Visit Moon Litecoin using the same email address you employed for CoinPot.

After you sign up for an account, a captcha will appear which you have to solve.
After confirming you are human and not a robot, you will be asked to solve problems. A great example is selecting images of Chimneys or bicycles.

Once done, solved ads will be shown on the webpage.
Once the captchas have been resolved, scroll down to see if Litoshis appear in your CoinPot wallet.
After 5 minutes, you can go over the process again.
 
## Is Moon Litecoin Good for Beginners?

Moon Litecoin is the one best online faucet and one of the best methods to earn free LTCs.
Once you set up a wallet address through CoinPot, you can start earning within minutes as soon as you integrate your wallet on the Moon Litecoins website.


Moon Litecoin Faucet: Earn Free LTC in 2022

Binance announced on Monday, 30 May 2022, that it will be rewarding users who are staking BiSwap Coin (BSW). The promotion duration is 1pm UTC on 30 May to 12:59pm UTC on 9 June.

This [Binance Staking promotion](https://www.binance.us/en/staking) celebrates BiSwap's first anniversary as a cryptocurrency exchange after joining the market in 2021. This promotion is open to all Binancians who are fully verified.

## Why Does It Matter?

Binance remains the biggest cryptocurrency exchange by volume. Aside from this, Binance Staking is one of the best when it comes to rewarding users with high annual percentage yields (APY). BiSwap is one of several decentralised digital asset trading platforms in the space.

As of May 2022, every exchange has created a token that supports the fortunes of their respective platforms. Binance has Binance Coin (BNB) and BiSwap has BSW. 

BSW was added to Binance in March 2021, and the trading pairs of BSW/BNB, BSW/BUSD, and BSW/USDT were made available to traders across the globe. 

In May, BSW recorded a minimum and maximum trading volume of $30 million and $115.87 million, respectively, signaling impressive investor interest. 

This corresponds to market capitalisation of around $135 million (small-cap), which has made BSW a top 250 digital asset in terms of ranking. 

As part of its first anniversary, Binance Staking has made available two (2) promotions to increase the mileage of BSW and contribute to extensive demand for the coin, which will positively impact its price in the future.
Binance Staking Promotions for Biswap Coin (BSW) 

The first promotion is to deposit and stake BSW to get a chance to share $370,000 in BSW tokens. Overall, you can enjoy up to 107.59% annual percentage yield (APY). From 30 May through to 9 June 2022, you can engage in locked staking on Binance and see daily payouts.

For this promotion, Binance has capped the maximum limit per user to 100,000 BSW for 30 days, 10,000 BSW for 60 days, and 300 BSW for 90 days. 

The second promotion is primarily reserved for users who are new to locked staking. The first 6,000 new locked staking users on Binance will have the opportunity to share $37,000 in BSW rewards. 

When the agreed staking period ends, Binance Staking will return staked assets to users' respective spot wallets.

As of writing, BSW was changing hands for $0.6. This means that you need $60,000 to buy 100,000 BSW for 30 days of staking, $6,000 to purchase 10,000 BSW for 60 days of staking, and $180 to get your hands on 300 BSW for 90 days of staking. 

If you do not have thousands of dollars to spare, you stand a great chance of earning BSW rewards by staking $180 or more.

## About Binance Staking and BSW 

Launched in September 2019, Binance Staking has the purpose of being a value-added service to Binance users. With Binance Staking, Binancians can grow their portfolios by receiving periodical rewards and distributions by simply depositing and holding funds for a given time on the biggest exchange across the globe.  

Launched in 2021, BSW is the native asset of the first decentralised exchange platform on the market with a three-type referral system that comes at low fees. BSW is the governance token of the exchange and has a total supply of 700 million.  

Aside from Binance, BSW can be accessed on around 14 exchanges: Gate.io, Kucoin, AAX, Bitget, CoinTiger, Bitrue, Nami, MEXC Global, CoinEx, Folgory, BingX, BKEX, Hoo.com, and LBank.

More [Crypto Business news](/news/category/crypto-business-news).


Binance Staking Launches 107.59% APY

## Paybis Is Rewarding Nigerian Customers with Five [Ethereum](/coins/eth) Coins.

•	Paybis is rewarding its Nigerian users with rewards in the region of 5 Ether.
•	Paybis is trying to increase the usage of the e-wallet Neteller to buy cryptocurrencies.
•	Paybis is one of the biggest cryptocurrency exchanges in the market.

Paybis broke the internet during the last days of March after the cryptocurrency exchange announced rewards for Nigerian customers in the region of 5 ETH who buy digital assets with Neteller. 

March proved to be an excellent month for several cryptocurrency exchanges as the market made efforts to recover from the bearish engulfing.

What happened? Paybis announced through a blog that customers in Nigeria (one of Paybis’ supported countries) stand a chance of earning up to 5ETH using Neteller to buy cryptocurrencies.

This promotion is open to all Nigerians who have the legal documents to prove they are at least 18 years old.

Starting on Monday, April 4, 2022, residents of Nigeria can buy a minimum of $20 worth of cryptocurrencies on Paybis using their fully verified Neteller Account. 

The first winner will be randomly chosen and announced after 30 days (May 4, 2022). The second winner will be announced after 60 days (June 3, 2022).

Paybis will send a direct message to winners' fully verified contact numbers linked to accounts on Paybis.

Residents of Nigeria should have an Ether (ETH) wallet address as this is a requirement for receiving the 5 Ether tokens.

Some of the best crypto wallets for storing Ether that [Moni Talks](/) would like to recommend are TrustWallet and MetaMask.

Why does this matter? Many Nigerian customers prefer to fund their Paybis wallets with other payment methods instead of Neteller to buy cryptocurrencies.

Payment methods supported by Paybis in addition to Neteller include bank transfers, debit and credit cards, and Skrill Money transfers.

As of writing, the native asset of the Ethereum ecosystem was trading in the range of $3,155 and $3,573. This means that buying $20 worth of crypto tokens using Neteller as a payment method on the Paybis cryptocurrency exchange can earn any Nigerian customer approximately $15,000.

This converts to NGN 6.2 million in local currency.

It is a good time to be a Paybis customer if you are a resident of Nigeria. This is because the average monthly salary is NGN 43,200, and this rounds up to an annual salary of approximately NGN 518,400.

The average annual salary is around $1,245.

Earning 5 Ether will be a 1,100% increase in the annual salary of an average Nigerian.

## How to Buy Cryptocurrencies on Paybis with Neteller 

Firstly, you have to [sign up for an account](https://paybis.com/).

In line with verification, Paybis will ask you for an active email address and phone number. These will be verified first.

Secondly, you have to provide authentic information about yourself - input legal details of your full legal name and provable residential address.

Thirdly, verify your account.

Per compliance with regulations, the Paybis cryptocurrency exchange will ask for a government-issued identification card that confirms the details of earlier input.
Cards with your signature embossed are mostly preferred. Additionally, since Nigeria is not one of Paybis’ restricted countries, you will be asked to provide proof of address.
You also have to upload scanned images of, preferably, your bank statement since it comprises your residential address.

Fourthly, deposit funds via Neteller.

You should have a fully verified account on Neteller before you can use it to buy cryptocurrencies. Choose from the range of fiat currencies most preferred by Nigerians, the United States Dollar (USD).

Lastly, navigate to the page of the cryptocurrency of your choice. On that page, buy at least $20 of your preferred cryptocurrency, and Paybis will process your order within a short period.

Located in the United Kingdom, Paybis is a cryptocurrency exchange founded in 2014. Paybis reviews online have been mainly positive. Paybis customer service is one of the best in the space, it's highly regulated, and it supports several payment methods. Paybis fees are some of the lowest in trading, and Paybis verification is rated as one of the simplest.  

Neteller is a financial services wallet by the PaySafe Group, the same company that owns Skrill Money Transfer. 
 



Paybis is Rewarding Nigerian Customers 

What is the 'crypto com card'? [Crypto.com](https://crypto.com/) Visa cardholders can enjoy up to 10% additional rewards at more than 10,000 merchants in the United States.

The month of March did not only see a recovery in the prices of cryptocurrencies but an increase in Crypto.com Visa card rewards. Crypto.com announced that residents of the US who are holders of their crypto debit cards could earn additional rewards of at most 10% in the novel token of the exchange CRO at more than 10,000 merchants.

Some of the top retailers' cardholders can access rewards from include, but are not limited to, Shake Shack. Sam's Club, Adidas, Office Depot, H&M, and Costco.

## Crypto.com Partners with Cardlytics

Crypto.com's partnership with Cardlytics, a digital advertising platform, made this possible.  

Per excerpts from a statement released by the Senior Vice President and General Manager of Crypto.com for North America, Joe Anzures, Crypto.com Visa cards remain the number one cash-back rewards crypto card in the market. The partnership with the digital advertising platform, Cardlytics will increase benefits for cardholders.

The Executive Vice President, Financial Institutions of Cardlytics, Farrell Hudzik, pointed out that providing meaningful rewards to the customers of Crypto.com brings them great excitement.

He further added that Cardlytics is thrilled to be a part of providing benefits to an emerging market filled with several hidden opportunities.  
Overall, this reward program will play an invaluable role in driving cryptocurrency adoption in the US.

Since the Crypto.com card is the first powered Visa crypto card, new benefits will unlock the potential of cryptocurrencies for residents in the world's financial capital. 

## What is Crypto.com Card?

Crypto.com card was first introduced in 2018 to allow crypto lovers to top up their cards with crypto and get up to 8% back on spending.
Crypto.com's Rewards Visa prepaid card is a series of cards that gives you more benefits depending on how much money you stake.
The card comes in tiers. The lowest is the Midnight Blue, followed by Ruby Steel, Jade Green/Royal Indigo, Frosted Rose Gold/Icy White, and 
Obsidian.

Every card comes with a staking requirement. Midnight Blue card users do not have to stake any amount. Ruby Steel cardholders must stake $400, and $4,000 is the minimum staking requirement for Jade Green/Royal Indigo holders.

If you want to be a Frosted Rose Gold/Icy White or Obsidian cardholder, you should be prepared to stake $40,000 and $400,000 respectively.
Crypto.com was founded in 2016. The platform is among the most prominent exchanges by trading volume. Crypto.com supports more than 140 cryptocurrencies and more than 200 markets and is accessed by residents in more than 90 countries.

### Conclusion

In addition to this, Crypto.com has one of the lowest trading fees in the space, is easy to use, secure, and has three-way accessibility (The Worldwide Web and apps on Android and iOS-powered smart devices).

More [Business news](/news/category/crypto-business-news).
 


Crypto.com Card Users CRO Rewards

Burger King has announced a partnership with [Robinhood](https://robinhood.com/us/en/) to offer millions of prizes in crypto through the BK rewards program. The rewards program was initially launched in September.

The Miami-based burger chain announced on Wednesday that it has teamed up with California brokerage Robinhood Markets to give away $100,000 in the hottest new financial product around: Bitcoin.

## The BK Crypto Program

Through its BK Crypto program, which is available for a limited engagement at only eight stores in the greater Palm Beach, Florida area (so don't get too excited Miami-Dade county residents), customers can buy the chain's signature Whopper sandwich with Bitcoin, Ethereum, Litecoin or Bitcoin Cash.

Customers can enter to win 20 BTC, 200 ETH or Sm DOGE when they spend over $5 in store or on the app. Users must have a Robinhood account in order to receive the prizes.

## The Whoppercoin

This is a relatively novel tactic for a major corporation to combine their rewards program with cryptocurrency. However, it isn't the first time that Burger King has offered crypto incentives to customers at its restaurants.

In 2014, Burger King Russia gave away Bitcoin-themed Whoppercoin tokens with their purchase of a Whopper. Each token was worth 10 rubles which formed part of the first wave of Russian ICOs. The promotion ran again for two weeks between July 25th and August 8th, 2017.

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