Month: February 2022

Advantages of Using Cryptocurrency in Online Casinos

17 February 202214 February 2022ICOlert

Online casino websites around the globe are adding cryptocurrencies to their accepted modes of deposit and withdrawals. Some are even going crypto-only. The practice is still in its early stages, however. As a casino game player, this is the best time to take advantage of the benefits that the use of cryptocurrency has to offer. Below are some benefits. Low Transaction Costs The decentralized nature of crypto (not controlled by any Central Bank) means that you can use it from anywhere in the world. This waives the transaction costs that are often associated with converting money from your currency to the one accepted in your preferred casino. Playing with crypto,… Read More

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Advantages of Using Cryptocurrency in Online Casinos

Financial ToolsOnline casino websites around the globe are adding cryptocurrencies to their accepted modes of deposit and withdrawals. Some are even going crypto-only. The practice is still in its early stages, however. As a casino game player, this is the best time to take advantage of the benefits that the use of cryptocurrency has to offer. Below are some benefits. Low Transaction Costs The decentralized nature of crypto (not controlled by any Central Bank) means that you can use it from anywhere in the world. This waives the transaction costs that are often associated with converting money from your currency to the one accepted in your preferred casino. Playing with crypto, therefore, becomes almost similar to playing in a free casino online accessible from anywhere on the globe. Even where costs are involved, they are much lower than those incurred when playing with ordinary currencies. Safety and Security This is one of the strongest features of cryptocurrencies. Funnily, however, it is the main reason that many people do not trust it. The absence of one system of control means that cryptocurrency helps you maintain your anonymity no matter where you play from. Many of these digital currencies are controlled by so many computers that they can’t be easily compromised. It has been around a decade of existence now and crypto continues to prove its security as a currency. Enjoy the Best Games and Promotions As many casinos are introducing crypto as a method of payment, they have great offers and promotions to draw customers to the method. This is a great time to take advantage of these offers before crypto becomes mainstream. As a casino player, you should know that making timely decisions is key to winning. Now is, thus, the opportune time to make use of crypto deposits and withdrawals. [...]

How Crypto is Entering the Online Casino Market

Investments and CryptocurrenciesThere has been back and forth talk about the future of cryptocurrency. Some feel that it will eventually replace fiat currency while others feel that it is just a passing cloud. However, businesses and online casinos are embracing the future with crypto. Online casinos have been adopting cryptocurrency for years already. There are many forms of digital currency that allow users to make untraceable deposits and withdrawals into their casino account. Online Casino Innovation PlayStar is a trendy online casino that enables users to make fast and secure payouts and deposits without hassle. These payouts and deposits are normally instantaneous. With an already extensive line-up of payment methods like Visa, MasterCard, Apple Pay, Google Pay, Skrill, Vip Preferred, and Paysafe, users on this platform will surely find what they are looking for. With innovative brands like PlayStar leading the way on the online casino front, digital currencies like Bitcoin and Ethereum are definitely on the cards for players who are looking to play with crypto. The Future of Cryptocurrency Online casinos have been around since Liechtenstein broadcasted the International Lottery in October 1994. The online casino market is worth more than $40 billion dollars annually as things stand today. Seeing how far the industry has come, it is no surprise that online casinos are starting to accept crypto payments on their platforms. Hundreds of reputable sites are already supporting digital currencies like Bitcoin, Ethereum, Litecoin, and Dogecoin. However, players need to choose games that are eligible for playing with crypto. The game selection for playing with crypto is normally extensive, with hundreds of games being made available. The Current State of Affairs Considering how fast reputable online casinos like PlayStar are moving towards more innovative payment methods like crypto, fiat payments like card transfers are still widely available. However, crypto is catching up fast. [...]

The Best Cryptocurrency to Invest In

Financial Tools / Investments and CryptocurrenciesCryptocurrencies have been a part of the global investment scene for around a decade now. In the last few years, the number of cryptocurrency investors has exploded. The industry has grown at a significant pace. The best cryptocurrency to invest in on the market right now are discussed here. Stellar The currency is a decentralized, open-source, and a secure network for processing payments all around the world. Jed McCaleb, the company’s founder, is a Ripple Labs member who also created the Ripple protocol. Thanks to Stellar, they can conduct large transactions between investment firms and banks in seconds rather than days or weeks. The transaction is performed quickly without intermediaries, and the total cost of the trade is meagre. Polkadot Polkadot’s goal is to build an interoperable blockchain network that allows blockchains with different rulesets and governance models. It does this through Polkadots, which are like individual tokens within a single ecosystem but can interact without needing permission from one another or any centralized authority figure such as Apple. However, their apps need to communicate across platforms on iPhones/iPads, etc. This happens instead of relying solely upon what they each have decided internally about security measures beforehand as long as you don’t mess with anything. Bitcoin Bitcoin Cash is among the most successful hard forks in altcoin history. Developers and miners can disagree on what direction they want their blockchain to take. Still, as long as there’s consensus about how new rules should be applied, it will fork into two versions. One is an editable version with old code or an updated set that creates entirely different coins from scratch. Litecoin Charlie Lee, a former Google and MIT graduate, has been working on Litecoin since 2011, when Bitcoin had already become successful. However, it is an open-source cryptocurrency, like Bitcoin, with decentralized control. Litecoin offers faster block generation rates, which make its transactions confirm quicker than their counterparts in Bitcoin. Some merchants also accept this currency for payments because of its low fees, such as credit card companies or even bank wire transfers, compared to other payment methods. [...]

The Best Forums and Resources that Teach Crypto Investment

Investments and CryptocurrenciesThere are many resources available to help you learn about cryptocurrency investment. And it can get overwhelming when you’re just starting, especially with the vast amount of conflicting, inaccurate information out there. This article outlines some accurate resources with easy-to-understand language that you can use to grow your cryptocurrency knowledge. Visiting these resources often also leads to other websites or reading material that can further expand your knowledge. CryptoInTalk CryptoInTalk is a community for crypto enthusiasts. It has over 500,000 members and offers educational content on blockchain to help people learn about this exciting new technology. It has a mining profitability calculator integrated into the website. There is a Coin lookup page where you can look up your favorite coins price in USD or BTC. It also offers other helpful information such as volume traded per day and a calendar showing events that take place within any month, like meetings/ conferences, etc. Bitcoin Forum The Bitcoin Forum is a community for Bitcoiners to discuss the latest news, politics, and happenings in this space. It has been around since January 2010, with over 100, 000 registered users. They discuss everything from what GPU would be best used on mining rigs up through potential regulations by governments worldwide, which could make them more hesitant about adopting cryptocurrencies towards future use cases like smart contracts, etc. Dash Forum Dash Forum is where you can get in touch with other Dash enthusiasts to share your knowledge and find valuable resources. You’ll also be able to discuss anything from how-to guides, cryptocurrency news articles, or videos, all while being backed by a helpful community of experts. It’s an excellent way for people interested but don’t know what DASH does on a technical level. The forum provides many opportunities such as asking questions about cryptocurrencies through polls. [...]

Important Terms to Know Before Investing in Cryptocurrency

Financial Tools / Investments and CryptocurrenciesLike other businesses, it is worthwhile to do due diligence before committing to crypto investment. Conducting thorough research on cryptocurrency will widen your perspective and approach on the investment side of it. No investment decision should be made lightly or without a lot of research and knowledge. Understanding the basic terminologies used during this entire process is very important. The knowledge of these terms used in cryptocurrency will provide a strong foundation for potential investors. This article covers terms you ought to know before investing in cryptocurrency. Bitcoin It is one of the most popular terms used in cryptocurrency. This is a digital currency with no central administration. It can be exchanged between the investors without the intermediaries. It is the most valuable digital currency. However, the value of Bitcoins fluctuates due to the volatility of the market. Bitcoins are obtained through a process of mining, and the maximum supply of Bitcoins is 21 million. Mining can be done by anyone with the necessary equipment and knowledge. Altcoin These are any other coins used in cryptocurrency that are not Bitcoin. The increased activities of cryptocurrency saw the rise of the second most valuable digital currency. Altcoins employ blockchain technology to provide investors with secure end-to-end transaction channels. There is a broad spectrum of available Altcoins online. Bitcoin Mining You might have come across this term in cryptocurrency conversations. It is simply the process of obtaining or creating new Bitcoin by solving a complex computational problem using high-powered technological devices. Miners have adopted new improvised methods like complex machinery to boost the mining process. Cold Wallet To provide a more secure method of storing cryptocurrency, miners use the cold wallet. It is an offline device that is not prone to network hacking or theft on the network. They resemble USB drives. However, using a cold wallet can be troublesome. In addition, there are a variety of wallets available for the miners, either hot or cold. New terms keep popping up as the cryptocurrency industry grows. You need to verse yourself with them to continue trading efficiently. The cryptocurrency field is very dynamic, requiring all people in the field to keep updating their knowledge banks. [...]