Author: External Team

  • Game Client Gauntlet eSport Intends to Collect 600 ETH on the KickICO Platform

    Game Client Gauntlet eSport Intends to Collect 600 ETH on the KickICO Platform

    June 03, 2021 – The Gauntlet eSport gaming client, which will allow users to play their favorite games, interact with a variety of other features and receive rewards in cryptocurrency, announces the launch of an open funding round. The launch of the campaign will take place on the KickICO platform on May 31st, 2021, and the HardCap is set at 600 ETH.

    “Players will be able to purchase games, accessories, and other items in the store, as well as integrate their existing desktop games into the client. Users can stream, donate, participate in esports events, create their own events, and interact with their audience beyond just live chat, ” the company explained.

    You can pay for purchases within the game client using the GAUX token. In addition, the token will be used for the following purposes:

    As a means of payment for the purchase of rank, items in the store, or donations to other players.

    • To pay for a monthly subscription for updates;
    • To pay rewards to players who take part in testing new games;
    • To pay for ads on the Gauntlet eSport platform;
    • To buy new games and apps for them;

    “Gauntlet pays real rewards in cryptocurrency, unlike popular customers who only pay with their own coin, which can only have value in this system. GAUX will have a global value or value opportunity where it can be sold, exchanged, or donated, and can also be used to purchase items, upgrades, and more in the Gauntlet ecosystem, ” the company says.

    The sale of GAUX tokens on the KickICO platform will begin on May 31st and will be available to registered users who have passed the KYC procedure.

    You can buy GAUX tokens and learn more about the project here.

  • CoinSmart Review: Best Crypto Exchange in Canada?

    CoinSmart Review: Best Crypto Exchange in Canada?

    This is a paid-for submitted article. CoinCheckup does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in this article. CoinCheckup urges readers to conduct their own research with due diligence into the company, product or service mentioned in the article.

    CoinSmart is a good choice for Canadian cryptocurrency investors as the exchange trades top cryptocurrencies on the market, and had low, competitive commission rates and transaction fees.

    If you want to buy cryptocurrency in Canada, an option is CoinSmart. CoinSmart is a Canadian exchange registered with FINTRAC. With CoinSmart it possible for investors with Canadian bank accounts to make Interac transfers for free when they are $2000. Or there is only a 1.5% fee for transactions that are less than $2000.

    Let’s take a closer look at some of the features that make CoinSmart a good choice for Canadian, as well as international, cryptocurrency investors.

    CoinSmart currently buys and sells the following cryptocurrencies: Bitcoin, Ethereum (ETH), Litecoin, Ripple, Bitcoin Cash, EOS, NEO, Stellar (XLM) and Cardano (ADA).

    Easy Transactions

    Users can link their bank accounts to their CoinSmart wallet. This makes it easy and fast to exchange your cryptocurrency for fiat currency. The verification process is very straightforward, and it takes about 24 hours to confirm your identity.

    Because CoinSmart is FINTRAC registered, the ID process is linked to Canadian Equifax, which makes it fast and easy. And, with increasing regulations surrounding cryptocurrencies, it is can be nice to use an exchange that is up to date with the necessary Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

    Security

    CoinSmart uses cold storage to store the vast majority of the cryptocurrency they hold. That means that only about 5% of their cryptocurrency holdings are ever held on the exchange. Cold storage is the best way for exchanges, and traders, to keep cryptocurrency safe from theft.

    When cryptocurrency is held in hot storage (online), it is easier to steal. It is best to keep only the requisite amount of crypto in hot storage for trading and use.

    The company also uses BitGo wallets. BitCo is an industry leader when it comes to digital asset storage. The wallets are insured by Lloyd’s of London for $100 million.

    BitGo wallets security features include:

    • Multi-signature access to the wallets: which means that in an emergency wallets can be accessed by multiple sources. This is important in the event of private key loss, or death.
    • Wallets are rigorously put through security checks.
    • Whitelisting wallet addresses so that withdrawals can only be made to listed wallet addresses.

    Backed by Canadian banking institutions

    CoinSmart is also backed by several Canadian financial institutions. That means that CoinSmart’s funds remain in Canada. This is a plus for Canadian bank holders, as legislation around cryptocurrencies is in a state of flux. That means it is conceivable that if your cryptocurrency is being held in Switzerland or Bermuda, regulations could change. At that point, it may become more difficult to access funds, or it may mean that surprise fees or penalties are incurred.

    Special Services

    SmartPay is a feature that lets users accept payments in cryptocurrency. It also means that your BTC can be converted the same day into CAD, and then deposited into your bank account. The feature also gives users guaranteed exchange rates to reduce the effects of price volatility.

    CoinSmart also offers CS Premium to traders who want to make high-volume trades. For accounts of $25,000+, CoinSmart can offer individual investment support, deep liquidity, and same-day settlements.

    Another service available is Smart Guarantee. This service guarantees the date of your transactions for a fee.

    And, CoinSmart has a referral program for recruiting new clients.  Each time a user successfully refers someone new their account is credited.

    Easy To Use

    CoinSmart has a clean and easy-to-use interface, both on your desktop and smartphone. Clarity and usability are at the forefront of CoinSmart’s design and customer support. They also have a clear FAQ and quick response times from customer support.

    Fees

    Lastly, compared to other exchanges, CoinSmart’s fees are very competitive.

    Deposit Fees:

    • 1.5% for E-mail/Interac Transfers
    • 0% for E-mail Money Transfer (for $2000 plus)
    • 8.75% for Credit Cards (min. $10 fee)
    • 0% Wire Transfer

    Withdrawal Fees:(Canadian Dollars)

    • 1% for Electronic Funds Transfer
    • 1% for Wire transfers

    Trading fees:

    • as low as 0.2-0.4% (this depends on if it is a single or double trade)

    As is the case with most exchanges, high-volume trades come with lower exchange fees. However, with low commission fees, CoinSmart is also a great exchange for traders moving smaller volumes.

  • NBA Hall Of Famer Paul Pierce to play against Phil Ivey and Joe Lubin in a Charity Poker Tournament Hosted By Virtue Poker

    NBA Hall Of Famer Paul Pierce to play against Phil Ivey and Joe Lubin in a Charity Poker Tournament Hosted By Virtue Poker

    May 27, 2021, Ta’ Xbiex, Malta — Scheduled for June, the charity tournament hosted by the P2P platform Virtue Poker will feature 12 participants in a no-limit Texas Hold’em tournament, including NBA Hall of Famer Paul Pierce, ConsenSys Founder Joe Lubin, Hall of Famer Phil Ivey, Brian Rast, Ethernity Founder Nick Rose, SuperFarm Founder Elliotrades, Winston Wolfe, Mr. Beast, and Ran Neuner. The three remaining seats will be given away to one community member each from the corresponding Virtue Poker, SuperFarm, and Ethernity communities.

    The event, which will be streamed through the main Twitch channel alongside player’s private channels, has two starting tables with three players advancing from each to the final table. The winner of the event will select the charity of their choice to receive the proceeds from the event.

    VirtuePoker is a ConsenSys-incubated poker platform that delivers provably fair poker on the blockchain, the company is licensed and regulated by the Malta Gaming Authority and most importantly never has custody of players’ funds. Following a successful investment round in April to the tune of $5 million, Virtue Poker is now approaching its upcoming Initial Dex Offering (IDO) to be held on SuperFarm’s SuperStarter launchpad on May 28th that will coincide with Virtue Poker’s real-money launch. The ongoing tie-up with SuperFarm will play an instrumental role in the NFTs set to be featured and given away during the charity tournament.  

    Per Virtue Poker CEO Ryan Gittleson, “Virtue Poker is excited to take this next step to drive awareness and adoption of the world’s first blockchain-based P2P poker platform. Through our partnership with SuperStarter and our execution of our Celebrity Poker Charity event, Virtue Poker will be able to grow our community’s foundation as well as showcase the platform to a broad audience.”

    “After working with the Virtue Poker team for over 3 years,” says Hall of Famer and Virtue Poker Team Pro Phil Ivey, “I’m excited to see the platform launch and be part of their first live stream event on this innovative platform.”

    About Virtue Poker

    Developed within ConsenSys in 2016Virtue Poker is a decentralized peer-to-peer poker platform based on the Ethereum blockchain. By design, the platform delivers a safe, honest, and fun experience for players. Backed by ConsenSys, DFG Group, Digital Strategies, Fenbushi Capital, Flurry Capital, JRR, Pantera Capital, and others along with stakeholder Phil Ivey, Virtue Poker endeavors to bring blockchain-based betting to the mainstream globally with its recently acquired Malta Gaming License.

  • 1inch Network partners with Mercuryo

    1inch Network partners with Mercuryo

    Thanks to the integration with Mercuryo, 1inch Wallet users will be able to buy DeFi assets using a fiat-on-ramp gateway.

    As DeFi solutions are finding wider adoption, it’s essential to lower the entry barrier to crypto space, enabling enthusiasts to buy crypto for fiat in a simple and fast way.

    What does this integration mean for users?

    Before the creation of 1inch, it was impossible to access all major DEXs at once. Even worse, users struggled to set up a wallet and were frustrated by the commission fees.

    It’s time for a change: from now on to make things easier even for newbies the 1inch Wallet for iOS enables the fiat feature for millions of people worldwide by using the Mercuryo fiat-to-crypto gateway solution.

    This update makes the 1inch Wallet a genuine single-entry point to DeFi, offering users access to the deepest liquidity and the cheapest and most secure swaps within a single mobile app.

    Why does the 1inch Network partner with Mercuryo?

    Mercuryo, a cross-border payment network providing global access to fast and cheap money transfers, has already partnered with 250+ crypto industry leaders. Following the mobile-first approach, Mercuryo allows users to buy ETH, DAI, USDT using bank cards and one-click payment methods through Apple Pay and Google Pay in 180+ countries.

    Mercuryo provides a seamless bridge between fiat and crypto worlds and handles blockchain fees for users, while the 1inch Wallet opens up the whole DeFi world. Thus, this integration is a huge step forward for the DeFi community.

    “To date, some users have been discouraged from entering the DeFi space because most of the existing options for buying crypto are too complicated and inconvenient,” says Sergej Kunz, co-founder of the 1inch Network.

    “The integration between 1inch and Mercuryo offers everyone a user-friendly way to enter the space, buy crypto with fiat and begin trading or securely hold their assets,” he goes on to say.

    The CEO and co-founder of Mercuryo Petr Kozyakov adds:

    “It’s not possible to ignore DeFi if you look at how fast the industry is evolving. We see great demand from our users and partners to enable fiat-on-ramp solutions for DeFi enthusiasts. And we are proud to be integrated into the 1inch Wallet, as we value the power of its supportive community.”

    All you need is the 1inch Wallet installed on your smartphone – it’s that simple and convenient. More 1inch integrations are coming! Stay tuned!

  • Sports Betting Meets Crypto at EURO 2020

    Sports Betting Meets Crypto at EURO 2020

    Bitcoin Press ReleaseEURO 2020 will bring excitement to a new level at 1xBit casino.

    27 May, 2021, LimassolCyprus — Football is the most beloved sport in the world, and, as expected, huge sporting events such as Euro 2020 are bound to attract millions of fans to watch their favorite teams compete against each other. Besides watching football games, many fans like to take it a step further and bet on the outcome.

    But how can you support your team if the stadium’s capacity is restricted and ticket prices are too high? Crypto comes to rescue! With numerous benefits such as guaranteed anonymity, fast transactions and no extra fees, football and blockchain betting cooperation was just a matter of time. Now you don’t have to leave the comfort of your house – betting with cryptocurrency solves all the problems!

    Betting on Euro 2020 at 1xBit

    With the upcoming Euro 2020 competition the market has become especially competitive and 1xBit crypto sportsbook does its best to offer better odds and promotions for users. Multi-live option available on the site allows you to watch up to 4 games simultaneously, feeling the maximum thrill. Choose any crypto payment option that suits you most from over 30 coins – BTC, ETH, EOS and many others. Plus, numerous bonus features won’t leave you unsatisfied: with betting insurance up to 100% and VIP cash back each game will become your own victory!

    As one of the leading online platforms in the cryptocurrency landscape, 1xBit also provides its users with an incredibly comfortable and enjoyable betting experience. Do you want to find out more details about your national team’s meetings at previous Euro games? Just navigate across the screen and find out interesting details collected on the web page to learn more and place your bets accordingly. For example, here is a stadium where the event will take place: Also, you can learn much more useful info about your favorite team. Explore EURO 2020 just navigating the cursor and win with a couple of clicks!

    ​​​​​​​EUROMANIA 2020 Lottery

    To boost the celebration of the most awaited and anticipated EURO 2020 1xBit has launched a special lottery dedicated to the event – EUROMANIA 2020! All you have to do is to place bets on Euro 2020 matches, collect tickets and share the spoils of a 3 BTC prize pool. So, root for your national team and claim the main prize!

    If you’re looking for action, adventure, and thrill, then you need to head on over to release all the built-up adrenaline that you have been holding in. It’s time to have fun and win big!

    ​​​​​​​Media Contact Details

    Contact name: Anastasia Semenova
    Email: marketing@1x-bit.com

    For more information about 1xBit, please visit — https://1xbit.com/

    Check out the official 1xBit blog for the latest articles — https://1xbit.com/blog/

    1xBit is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

  • YOLO Economy: Discover Why the Crypto Moment is Now or Never

    YOLO Economy: Discover Why the Crypto Moment is Now or Never

    As society starts to look beyond the shadow of COVID-19, millions of young professionals are turning to crypto trading to find the financial freedom to live their best lives. StormGain, the all-in-one crypto platform with the best rewards on the market, is offering traders a head start in the YOLO economy. Just head over to StormGain, register and enter the promo code YOLOSG to get 5 USDT for free in the StormGain Cloud Miner, which earns you free BTC while you trade. It only takes a few seconds to sign up and start earning.

    The ‘YOLO economy’ was coined to describe the attitude of a certain set of workers. Fed up with lockdowns, interminable Zoom meetings and being squeezed from the top, they’re reinventing themselves by ditching the office for good and striking out on their own. To fund these new ambitions, millions are turning to cryptocurrency trading. Bitcoin, Ethereum, Stellar, Dogecoin and other crypto assets have been fantastic profit opportunities for investors lately, and there’s a wide world of digital assets out there on the rise as the digital generation decides to put their money where they have power.

    “We’re seeing a huge uptake in new traders lately,” said StormGain CEO Alex Althausen. “Value is going up across the crypto space. First with Bitcoin, but now we see a wide range of altcoins also coming up strong. It’s just become easier and easier to trade crypto from your phone, starting with a regular bank card for purchases, and we’re proud to be a part of that. A lot of newcomers are choosing us because of this so-called YOLO effect, they want to make a big change, and we offer both the tools for trading and all the resources they need to educate themselves to trade crypto effectively”.

    StormGain offers several unique advantages for trading digital assets. The platform is slick and user-friendly while having all the charts, signals and analytical tools that users need to make important decisions. But its most unique feature comes in the form of an integrated Bitcoin cloud miner. This in-app miner awards BTC to traders as they spend time on the platform. Join the YOLO economy with the bonus opportunity of mining BTC while you trade over 55 crypto instruments on StormGain with up to 300x leverage. Don’t sleep on this fantastic opportunity. The clock is ticking, and you only live once!

  • Dropping Today: Floyd Mayweather Jr.’s Legacy NFT Collection Available Now on Rarible

    Dropping Today: Floyd Mayweather Jr.’s Legacy NFT Collection Available Now on Rarible

    Legendary boxer and sports icon, Floyd Mayweather Jr.’s first ever NFT collection is officially available on Rarible. The drop includes digital collectibles celebrating the legacy of Floyd Mayweather Jr.’s life and career, including animations, physical artwork, memorabilia, and access to Mayweather Jr.’s both virtual and in-person meet and greets. Select NFTs are also associated with physical prints in addition to being logged forever on the blockchain. The final 1/1 limited edition auction piece can include private boxing lessons and dinner with Floyd Mayweather Jr. in addition to a custom diamond ring. Don’t miss out on the legacy collection.

    The Prelude Drop:
    ● Date: May 26, 2021
    ● # Pieces: 1
    ● Quantity: 50
    ● Marketplace: https://rarible.com/floydnft

    The Legacy Drop
    ● Date: June 1, 2021
    ● # Pieces: 4
    ● Quantity: Both Fixed & 1/1 Auction
    ● Marketplace: https://rarible.com/floydnft

    For more information about the upcoming Mayweather NFT drop, please visit https://floydnft.com

  • What market players can do when investing in DeFi to balance risks

    What market players can do when investing in DeFi to balance risks

    Yuri Mazur, Head of Data Analysis Department at CEX.IO Broker

    Bearish moods returned to the cryptocurrency market, and Bitcoin broke below the $50,000 level, thus increasing the risks of further correction of the flagship digital currency.

    DeFi is much of its own thing in the cryptocurrency space and does not show high correlation with Bitcoin. However, one thing it inherits from the classic cryptocurrency market is enormous volatility. This means that it offers great investment opportunities associated with very high risks.

    A diversified portfolio composed of projects deployed on different blockchains would be an option to minimise the risks for medium to long term investments (i.e. six months or more). To get a diversified investment portfolio in DeFi, the following elements need to be taken into account:

    1. Blockchains
    2. Decentralised exchanges (DEXes)
    3. Lending platforms
    4. Synthetic assets.

    How to choose a good project?

    When choosing the projects, we search for undervalued assets. At the blockchain level, the two most successful ones are Ethereum and Binance Smart Chain. So suggests the TLV (total value locked), which represents the total liquidity locked inside the projects built on these blockchains. The TLV for Ethereum and Binance Smart Chain is $68 billion and $25 billion respectively, while their own market caps equal $290 billion and $87 billion.

    Zilliqa is another blockchain with a much lower market cap – $2 billion. It came as a response to the insufficient transaction throughput and high fees on Ethereum and has recently been showing good growth in the DeFi space, having launched non-custodial staking and a decentralised exchange ZSwap with a governance token.

    Having decided on the blockchain, a decentralised exchange, decentralised loans and decentralised synthetic assets need to be added. We avoid having several assets from a single blockchain in our portfolio. To find undervalued assets, we use the ratio of market cap/TLV as the guiding principle.

    This way, traders and investors can analyse DeFi assets, comparing projects’ market cap and TLV, and add the most promising ones from different sectors and ecosystems to their portfolios.

    How to manage risks?

    Such a portfolio is a concentrated exposure to the DeFi market, which bears considerable risks. This idea should be taken in the context of a full investment portfolio, the investors’ understanding of the crypto industry and their desired risk level. Therefore, depending on how conservative/aggressive they want their portfolio to be, the share of their investment exposure to DeFi should change accordingly.

    Moreover, in my opinion, DeFi is not a good option for beginners. The level of risk is above the average, however the expected profit is above the average too. To lower the risks, the portfolio can be further diversified, and one of the ways of doing this would likely be adding an insurance project. The reason for this is the growing demand for DeFi, which is going to stimulate demand for insurance of the capital invested in DeFi. Also, adding an insurance project into the portfolio might be the way to protect the investor’s funds in case of a downside reversal in the market.

  • Provably Fair Paradice Casino Announces up to 25% Rakeback, Free Spins, and $1000+ in Giveaways with no KYC

    Provably Fair Paradice Casino Announces up to 25% Rakeback, Free Spins, and $1000+ in Giveaways with no KYC

    Press Release: Paradice Casino has announced it is now offering up to 25% rakeback, Free Spins, and over $1000 of giveaways each month on its’ platform.

    21st May 2021, Delhi, India: Paradice is an independent crypto casino launched back in late 2019 that hosts a variety of games – all based upon provably fair technology. Supporting BTC, ETH, LTC, DOGECOIN, and DASH, Paradice guarantees fairness and transparency for the calculations of each bet result. With up to 400 bets per second possible in Lightspeed mode of the Dice game, Paradice shapes gambling dreams into reality. Welcome to the gaming paradise! 

    Paradice Games: What’s on the Menu?

    Paradice enables users to enjoy currently one of five crypto casino games (with a new game coming soon). The list of games available include:

    Most of these games reflect the same fiat casino game equivalents, but there’s a big difference here. The house edge is only 1% (except for roulette, which mathematically cannot be less than 2.7%). This makes Paradice’s crypto casino games give players increased chances of winning compared to traditional casinos. Furthermore, Paradice ensures absolute player privacy with no KYC requirements, provides instant automated deposits/withdrawals, and offers a daily wagering contest with 0.0008 BTC up for grabs.

    Paradice Perks

    Players on Paradice are able to enjoy a range of benefits by playing on the platform. These include:

    • Rakeback of up to 25% of a player’s deposits
    • A social environment to chat and message other players
    • A reliable support ticket system and live support chat
    • A bank to ensure balances on the platform are kept safe.
    • An adaptive user interface that transitions smoothly on any device
    • A VIP ranking system that provides a wealth of further benefits 
    • A shop to purchase temporary VIP-status 
    • A dynamic affiliate program with 10-25% commission of the house edge of referral’s bets
    • And an internal currency (PRDC) that allows players to test out new features and buy temporary VIP status at the shop.

    Paradice offers this extensive range of benefits just by playing on the platform, but wait; there’s more!

    Pump Up The Bonuses

    Paradice also provides players with a number of bonuses ranging from free spins just for signing up to daily goals, achievement, and lucky spin bonuses. All of these bonuses can be claimed just by setting up an account with Paradice and playing daily. There are even bonuses provided for confirming your email and subscribing to push notifications.

    Paradice doesn’t just provide a place to bet in a virtual crypto casino, it rewards its players and community for doing so. The perks and bonuses included with playing at Paradice put this independent crypto casino ahead and above the competition.

    Crypto Paradise Is Just A Click Away

    Paradice’s in-house developed games, provably fair technology, and player protective measures ensure that players can enjoy betting safely and remain carefree. This rare delight for crypto and gambling enthusiasts maintains the ethical boundaries of gambling while introducing a community-building and worry-free environment.

    Boasting its own on-platform currency, players can continue to enjoy all the benefits of the VIP ranking system while continuing to bet with the use of PRDC. Combining this with the Paradice bank, players can rest assured their balance remains safe and only keeps accruing crypto for future games and bets. As soon as players land on the homepage, the first thing to be seen is a real-time update of all the bet gains and losses occurring right now.

    If you’re a crypto casino fan, Paradice can provide the gambling experience you’ve been longing for. Click here to get started now!

    To keep up to date with Paradice, they are also active on the main social networks including Telegram, Twitter, Facebook, and Instagram.