Recently, Socios.com, Chiliz’s fan token creator, and several football clubs launched the latest fan tokens. These tokens collectively had their initial launch on the cryptocurrency trading platform MEXC to expand their scale in the secondary market.
MEXC/CHILIZ
There are 16 clubs that launched fan tokens, including Everton FC Fan Token, Crystal Palace FT, Leeds United FT, Arsenal Fan Token Atlético Mineiro FT, etc.
According to the data on December 14, Arsenal fan token AFC, AS Monaco fan token ASM, FC Barcelona FT fan token BAR, and Aston Villa FT fan token AVL, reached the highest gain of 272%, 200%, 126%, 240%, respectively after being listed on MEXC.
In fact, fan tokens are social tokens in sports, entertainment, and other fields resulting from the rise of the NFT in 2021. Fans hold tokens of relevant clubs or teams and will have the opportunity to obtain signed jerseys, NFT rewards, VIP seats, and participate in voting, club activities, etc. Among them, Chiliz, the entertainment and sports infrastructure provider based on blockchain technology, has collaborated with many well-known clubs to launch fan tokens. These include Juventus fan token JUV, AC Milan fan token ACM, etc.
In this cryptocurrency bear market, fan tokens have become the only sector that experienced an overall boom in the second half of this year, as a result of the World Cup in Qatar. Three months before the World Cup, Binance and MEXC, the two major trading platforms, took the lead in launching the fan token zone. Both platforms have listed fan tokens of relevant clubs or national teams.
According to public information, MEXC is not only the first trading platform to launch fan tokens, but also has more than 30 fan tokens listed, making it the trading platform with the largest number of listed fan tokens at present.
During this World Cup, different fan tokens have also shown different price performances as the game progresses. ARG, the fan token of the Argentine national team, which has won two World Cups, began to rebound from its bottom on December 9 and reached an 87% gain on the 13th. It was especially after Argentina defeated Croatia 3-0 and advanced to the final, that ARG hit the highest gain of 46.1% on MEXC.
About MEXC:
MEXC is the world’s leading cryptocurrency trading platform, providing one-stop cryptocurrency trading services for spot, ETF, futures, Staking, NFT Index, and more. MEXC currently serves more than 10 million users worldwide and embraces the philosophy of “Users first, MEXC’s Changing for you”. Visit the website and blog for more information, and follow MEXC Global and M-Ventures & Labs.
The cryptocurrency market saw a decline in value this week, primarily due to the Federal Open Market Committee’s decision to raise interest rates by 50 basis points. Bitcoin is currently trading at the $17,000 support, down nearly -4% for the day.
Key takeaways:
The seventh consecutive interest rate hike brought another bout of negative market movements, as major U.S. equities traded in the red. Bitcoin and other digital assets mostly followed suit, as the total crypto market cap dropped -3.7% to $846 billion – a far cry from last year’s $3 trillion peak.
The initial positive response to the release of U.S. inflation data was short-lived, as the market reacted negatively to a speech by Fed Chair Jerome Powell, who said that he believes people will be “bolting from stocks” before the downside accelerates.
Despite the negative assessments, Powell added that such investors “are being too frantic.” However, senior Bloomberg analyst Mike McGlone sees the current situation as very dire, believing we are currently subject to similar market forces as during “the stock-market bubble of 1929.”
As a result, major indices such as the Dow Jones, S&P 500, and Nasdaq Composite Index all saw a drop of around 2%, while the value of BTC/USD fell below $17,500 and ETH/USD declined over 5% in a 24-hour period.
It is worth noting that so far this year, virtually every interest rate hike-related drop was followed by a market recovery. We’ll have to wait and see whether this time around will be the same.
Investors are cautious about the types of coins to include in their portfolios as the global crypto market starts its recovery after the bankruptcies of FTX and BlockFi. Investors avoid cryptocurrencies like Ripple (XRP) and Cardano (ADA) because they have negative trends.
But do not worry; we have found the perfect alternative – The Hideaways. Please keep reading to find out why it may top the charts in 2023!
Ripple (XRP) Still Faces Uncertainty
Overseas currency transfers are made more accessible by the blockchain-based payment technology and network known as Ripple (XRP). Low transaction costs and quick payments are the goals of Ripple (XRP).
Despite substantial growth over the past month, Ripple (XRP) remains precarious. It is currently worth $0.39, a drastic 90% fall from its peak of $3.84. This drop has made Ripple (XRP) holders migrate to The Hideaways presale to recoup their losses.
Cardano (ADA) Is Currently A Diminished Entity
The Cardano (ADA) platform seeks to decentralize power to enhance how everything works for everyone. It has big aims. You may exchange wealth using the Cardano (ADA) token, akin to how money is used today. Cardano (ADA), as is the case with many other coins, has extra functions.
Additionally, you may stake these coins to get prizes. These application factors led to Cardano’s (ADA) all-time price of $3.09. Sadly, it’s never gone higher than that price; now, it is $0.31. Investors in Cardano (ADA) are hopeful that it will regain its previous greatness, but the forecast remains gloomy. An investment in The Hideaways would be a better idea in this market.
The Hideaways (HDWY) To Climb The Rankings In 2023
Let’s dive deeper into why many analysts believe The Hideaways will surpass both Cardano (ADA) and Ripple (XRP) in the coming months:
The Hideaways will mint fractionalized NFTs secured by the actual asset of wealthy real estate.
The VIP Club provides access to first-class lounges and benefits like a worldwide concierge.
The first five properties are accessible to early investors.
Are you looking to invest in real estate for just $100? The Hideaways will be the best match for you! It will establish the first alternative-investment platform where users may purchase NFTs wholly or partially, with the actual property backing it.
Investors are flooding in even though the presale just started two months ago. As a result, The Hideaways is worth just $0.10, while cryptocurrency experts forecast a 4,000% increase in value in 2023. At this price, now is the ideal moment to invest and gain from its expansion in the coming months.
For those worried about security, The Hideaways has you covered as well! With an audit done through Solid Proof and a permanently locked liquidity, The Hideaways team proves it is here to stay.
The Hideaways currently offers a 100% bonus on all investments, so follow the links below and be a part of this future blue-chip coin:
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
British Virgin Islands, BVI, 15th December, 2022, Chainwire
The Metropoly presale for the METRO token has started successfully, with seven stages sold out and only three remaining. The METRO token presale started at $0.033 and will launch at a fixed price of $0.1. Metropoly has already managed to raise over $300,000 in its presale. The blockchain-based project aims to transform the real estate industry’s operations, bringing it into the digital age.
Interest in Metropoly’s presale can be attributed to the fact that more investors are looking for alternative investment opportunities. Real estate-based projects are seen as a strong hedge against inflation and fluctuating market prices.
Implementing crypto in the real estate industry could disrupt one of the oldest industries in the world. It has the potential to remove the middlemen and all the associated fees and delays with buying real estate the traditional way.
Metropoly is the first real-estate NFT marketplace backed 100% by properties. It allows users to invest in real estate properties through NFTs. These NFTs are tied to properties in the real world, and Metropoly users can invest no matter their country or credit score.
Holders of the Real Estate NFTs still receive all the benefits of real estate ownership. This includes earning passive monthly income through the renting out of the property and the long-term appreciation of property values.
With the Metropoly platform, a real estate deal that used to take months to finish can be completed in seconds. It makes it easy for anyone, anywhere in the world, to enter the real estate market and hedge against inflation.
The project has also launched a$1 million dollar giveaway where the winner will gain access to a $1 million dollar apartment in the Burj Khalifa. The winner stands to earn up to $100,000 USD per year in rental income from this property alone. There are 10 easy ways to enter this contest, mostly by spreading the word about Metropoly, such as joining its Telegram channel, tweeting about the project, and referring friends.
Metropoly has released abeta version of its platform, whose features include a marketplace, auctions, and mortgages. There is also a designated area to monitor monthly payouts made directly to your wallet in USDT.
The METRO token powers the entire Metropoly ecosystem. It is an ERC20 with a limited supply of 1 billion METRO tokens. The token will be used as a payment and reward method on the Metropoly platform and offers more than 20 use cases.
The Metropoly (METRO) presale is ongoing, and the token can be purchased with USDT, ETH, or BNB. During the current presale stage, 1 METRO token costs $0.05, and the minimum investment is $100 USD.
CertiK has audited the METRO smart contract and has verified the team’s identities during an extensive KYC process to guarantee maximum transparency and security.
How to buy METRO
Step 1: Get a crypto wallet: Download MetaMask or Trust Wallet and follow the on-screen instructions to set it up.
The crypto industry continues to grow as exciting and innovative initiatives are relentlessly storming the space to hasten its reach to mainstream appeal. Firms and exchanges within the space are seen coming up with new innovations and trading instruments to help crypto users to easily optimize trading opportunities.
In a bid to provide cryptocurrency users with an exclusive trading experience, renowned cryptocurrency exchanges like Binance are developing new features to offer traders and investors access to a much broader range of instruments such as crypto futures trading, crypto options trading, and lots more.
Crypto options are derivative contract-based trading instruments that provide crypto users with the right to buy or sell an asset at a determined price and date. They serve as an avenue for crypto traders to either get leveraged exposure to the underlying asset, or to hedge risk. Crypto options can be exercised via either the “call” or “put” options. The “call” option gives traders the right to buy an underlying asset. Meanwhile, the “put” option gives users the right to sell an underlying asset.
With crypto options, crypto traders have the opportunity to generate profit by correctly predicting the future price of the underlying crypto. With that in mind, let’s learn more about Binance’s Options offering.
Binance is one of the notable crypto trading platforms, seeking to make crypto derivatives trading easily accessible to everyone. To that end, the exchange enhanced its crypto options trading offers after it launched a new Binance Options trading platform in September, 2022.
Binance Options allows users to make forecasts of crypto prices and leverage price alterations on the platform. It gives Binance users the right, but not the obligation, to purchase an underlying asset at a specified time and price. The debut of the new platform was triggered by Binance’s concern to clarify misconceptions about options trading being misunderstood as complex or “only for the professionals”. The revamped platform represents a measure deployed by Binance to simplify Options Trading with its intuitive user interface.
The Binance Options trading platform has been designed to allow traders to take a directional view of the market to help them predict market prices, while allowing them to protect their portfolios against volatility by hedging their bets. Currently, the platform supports European-style options exclusively.
The platform offers crypto options trading for BTC, ETH, and BNB at the time of writing. The featured assets are priced and settled in USDT, which makes it easy for traders to calculate their profits and losses.
Binance Options Pros:
One of the lowest options fees in the market
Ability to leverage market volatility for profit
Requires relatively low capital investment to amplify trades
It simplifies calculation processes as assets are priced and settled in USDT
Binance Options offers users a wide range of options contracts
Binance Options Cons:
Options contracts are limited to BTC, ETH, and BNB.
Despite Binance’s best efforts, the platform is still a bit inaccessible to newcomers
What is the difference between options and futures?
Both options and futures are contract-based trading instruments that derive their value from underlying assets (hence the name, “derivative contracts”).
There are two critical differences between the two instruments. Options buyer has the right, but not the obligation, to buy or sell (depending on the options contract) an asset at a predetermined price and time.
Meanwhile, a futures contract obligates the holder to buy a certain asset at a predetermined time, and obligates the seller to sell and deliver that asset.
We’ve listed additional differences between the two assets in the table below, for greater accessibility:
Futures
Options
Obligation
Buyer and seller are obligated to perform the contract
Seller is the only one obligated, buyer has the “option”
Premium
No premium
Seller receives a premium from buyer
Risk
Whole spectrum (capped with liquidation)
Up to the premium paid
Expiry Date
Asset needs to bought/sold at a predetermined date
Asset can be bought/sold before the expiration date
How to trade Binance Options?
Since Binance has launched its options trading platform, let’s learn how to trade options on the Binance Options platform via the following simple steps.
Step 1: Register or Sign In (if you’re an existing user)
The first thing to bear in mind is that you must be a registered user of Binance and must have completed the required Identification Verification process before you can use the options trading features.
Existing users and new users who have successfully completed the registration process can proceed to log in to the platform via the Binance app or web. Click on “Options” in Binance’s navigation menu to access the options services.
Step 2: Open Options Account to use the Binance Options Platform
To access the Binance Options platform, users are required to open an options account with Binance. You can proceed to read and get acquainted with the Binance Options Service Agreement to avoid trade complications. Click on “Register now” on the displayed dashboard.
Step 3: Add funds to your Options Wallet
Users are required to transfer some funds to their Option Wallet before they can start trading. Hence, click “Transfer” to add funds to your Options Wallet. Note: Transfers between internal wallets are free on Binance.
Step 4: Choose your preferred trade option (Call or Put)
After funding your options wallet, you’ll need to choose between the call option or the put option. As explained earlier, the “Call” option gives traders the right to buy an underlying asset. Meanwhile, the “Put” option gives users the right to sell an underlying asset.
This process will enable the Trading Panel. To check for more market details, you can click on the arrow or click on the candlestick symbol to switch the trading interface.
Step 5: Open a Position
After choosing your preferred trade option, select “OrderType” and then input “Price” and “Amount” in the required column. Then you can proceed to click “Buy“.
Step 6: Close the Position
While closing the position, you can choose to hold until expiration. Alternatively, you can also Switch to “Close” mode in the Trading Panel, select “OrderType“, input “Price” and “Amount“, and click on “Sell“. On the other hand, you can also click “Close” directly under “Positions“.
Exclusive promotion for Binance Options
Binance has launched an exclusive promotion offer to celebrate the new Binance Options trading platform. While the promo tends to expose the options product to a wider range of audience, Binance will be using the opportunity to offer exclusive referral benefits for Binance Affiliates who refer their friends to Binance Options as well.
Following the exclusive promotion for Binance options, Affiliates will have the opportunity to earn up to 30% commission on the trading fees that their referrals pay on the Binance Options platform. The exclusive Binance Options promotion has been scheduled to run from the 3rd of October till an unspecified future date.
Furthermore, users who trade on the Binance Options platform within the period of October 3rd to December 31st, will be considered eligible to enjoy 30% rebates on their Options trading fees. The platform has noted that the trading fee rebates will not be available for Daily Options traders. Also, Binance Affiliates will not be offered trading fee commission from Daily Options trades.
Conclusion
Binance has been a reliable service provider that enables easy access to crypto derivatives trading. With its new Binance Options Trading Platform, the platform has provided users with an exclusive options trading experience. This presents it as a well-designed options trading platform that provides a useful alternative to popular types of crypto derivatives, such as perpetuals contracts.
Binance Options has become the choice of many, considering the exclusive benefits featured on its crypto options trading services. The platform offers users an opportunity to enjoy competitive fees and low liquidity while trading crypto options. In addition, the exclusive Options-focused promotion makes options trading on Binance that much more lucrative.
It is important to understand that options trading may expose you to a significant amount of risk, especially if underlying assets are cryptocurrencies, which are generally more prone to volatility than stock, for instance. Users who intend to trade crypto options are encouraged to conduct proper and effective research and get a clear understanding before proceeding.
Hopefully, this article helped you understand better what Binance Options is, and how you can trade crypto options on Binance.
Finding the best bitcoin gambling sites that are licensed and trustworthy can be a stressful activity. With all these worries buzzing around in our heads, it might seem hard to find an Ethereum casino that will truly provide us with a quality experience for security and entertainment purposes.
However, ORDB did extensive research to compile this article about the best Ethereum casinos for Crypto gamblers, so you don’t have to worry anymore! Out of over 100 different Bitcoin casinos reviewed and researched. Our team has hand-picked the following ten sites based on several criteria: customer support quality, provably fair gaming experience, loyalty program availability, traffic numbers, and more.
Regarded as one of the best bitcoin gambling sites on the market, by the way. Stake was established as a crypto gambling site by Medium Rare N.V. The casino operator is a legend in the online entertainment space, with over 60 different casinos under its belt. Stake has added several features and an overall top-notch product, giving it a number-one spot on our list. Stake also features an Ethereum betting site with loads of betting markets, betting options, bet types, and an array of payment methods.
With Ethereum casinos still relatively new on the scene, few come close to matching Stake Casino when it comes to service. As often noted, what sets them apart is their dedication to providing a comprehensive range of Ethereum betting games for every type of player. From Jackpot Games such as Pots of Luck (with Game of Chance) and Find 4 Finding Nemo game — to Cryptocurrency slots like Gem777 coins, Unreal Reels Slots, Crypto-Rouble Roulette, and much more, the team at Stake always delivers when it comes time to gamble.
Though they offer up to 600+ slots & table game titles in total – one cannot overlook other Stake original games, including Keno (1MBKR), Mines (Play Mobile), Dice, Blackjack & others, which anyone who gets close enough can appreciate!
Bonuses (8.5/10)
Bonuses are one of the main reasons people enjoy gambling at online casinos. It may seem excessive, but who doesn’t want something for nothing? We don’t turn them down. Stake offers its users lucrative bonuses that they just cannot refuse. For instance, first-time players may get up to a 10% Rakeback bonus, while other benefits include:
Stake’s Daily Races: You can win a part of a $100,000 prize pot daily.
Casino Challenges: They offer you a new slot game challenge to complete every day! On top of completing all our different daily challenges, you’ll also get extra rewards from the selected slots.
Stake’s Weekly Giveaway: Gamblers can wager for a chance to win prizes up to $50,000!
Support (9/10)
No customer wants to spend all their time waiting in frustration for someone at the casino who might never answer. As such, the Ethereum Casino made sure they had round-the-clock customer service options available. You can contact them via live chat or email — whichever suits you best. The live chat and email support are available 24 hours a day, 7 days a week. The email for support at Stake is support@stake.com.
Reputation and Licensing (10/10)
Stake is the world’s largest online gaming company, with over 10 million registered users and $1 billion in annual revenue. They’re committed to providing an excellent experience for our customers by upholding the highest standards for security and privacy.
Stake is a legit Ethereum casino run by fully vetted developers and operators with a license for the Curacao eGaming Committee. Stake ensures that all its games are provably fair and uses an RNG (Random Number Generator) to ensure fairness in each roll or card draw. It has a 4.2 out of 5 rating on Trustpilot from 1000+ reviews, so gamblers seem satisfied with this gambling establishment’s service.
Alongside the top spot, Cloudbet crypto casino is listed at number 2 on this list. Established in 2013 by well-known casino operators Halcyon Super Holdings BV and boasting its cryptocurrency gambling platform, it was the first online gaming platform to accept cryptocurrencies and among the first Ethereum sports betting sites. With great odds and crypto betting options alongside many other good things, such as loads of betting markets, you can’t go wrong with choosing this place for your next gambling adventure!
ETH Games (9/10)
The gaming lobby of any Ethereum casino can make or break the gambling experience. You won’t have to worry about that at this ETH casino; Cloudbet constantly amazes you with the sheer number of games available at your fingertips.
Our favorite thing about playing here is how easy it is to find what you’re looking for! All I need to do is go straight to the ‘Games’ tab from any page and explore everything they offer, which includes live casino, card, Ethereum poker, and slot games, as well as many other types that most casinos don’t have. They also have very good significatives because they use some of the best software providers, such as Play’n GO, Spinomenal, VIVO Gaming, Nolimit City, and Betsoft, among many others! You don’t have to look for an RTP (return-to-player) index under each game because it will always appear near the title.
Bonuses (8.5/10)
If you are looking for extra funds to support your favorite hobby or pastime or maybe just trying to find a way to make some quick money from time to time, check out Cloudbet. Not only will they satisfy all of your gaming needs, but they offer one of the best welcome bonuses around — a 100% Welcome Bonus of up to 5 BTC — which is enough to keep players happy and to come back for more! In addition, they offer other bonuses such as
Free Spin Tuesdays: Pay $20 or more every Tuesday to receive 20 Free Spins!
$30 Game Show Bonus: Play fun Evolution game shows and get up to a $30 bonus!
Cloudbet’s Loyalty Club: You will unlock exclusive rewards as you climb the different membership levels. Climb up from Bronze -Silver-Gold-Emerald-Sapphire and Ruby to progress through each tier to reach them all! Bet on sports or play your favorite games for a chance at moving up the ranks, and you’ll get awesome rewards in return.!
Thursday Deposit Bonus: Every Thursday, you’ll receive a deposit bonus of larger amounts based on your loyalty tier.
Support (9/10)
Cloudbet is a certified and licensed ETH casino that offers 24/7 customer support. Real agents are available at all hours of the day to answer any questions that may arise, with live chat and email being just two options. There is also a list of FAQs on the website — answering customers’ most commonly asked questions.
Reputation and Licensing (10/10)
Cloudbet casino has been around since 2018 and has a solid reputation and licensing. The Curacao Gaming Commission also licenses them. This commission is well known for its stringent licensing requirements, which means CloudBet can be trusted to offer a safe environment for all players. It’s not just about online casinos; they have some of the best gaming services.
When the crypto gambling revolution was still in its infant stages, Bitstarz casino was one of the first ETH casinos to accept cryptocurrencies as a viable form of payment. Now the Ethereum casino accepts both fiat and crypto. This casino was brought to life in 2014 by the Cyprus-based gambling platform operator Dama N.V. An operator that has been around for a long time and has a solid reputation.
Everything you need for a comfortable gambling session is available at the Ethereum casino. From games (Slots, Table games, Card games, and Live games) to a diverse payment method. However, they do not offer an Ethereum sportsbook.
ETH Games (9/10)
Bitstarz boasts a selection of casino games comparable to any other Ethereum casino on this list. Their game library contains over 3000 titles and offers an experience tailored to each player’s preferences. BitStarz offers various games, including slots, roulette, blackjack, and many more.
All of its 3000+ games come from some of the best software developers. You’ll find iconic titles from companies like Evolution Gaming, iSoftbet, NextGen Gaming, 1x2Games, Ezugi, Microgaming, and many more. If you’re a slots fan, you’ll find 3D slots, progressive slot machines, or classic ones to choose from. Other favorites include Ethereum poker and Baccarat — if it’s table games you’re after, then Roulette or Blackjack will make your day just right! Of course, Bitstarz pride itself on having an extensive in-house library created exclusively for us, including classics such as Limbo, Crash, Wheel, Dice, and others.
BitStarz also offers live dealer games, a very popular option among players. They have both European and American Roulette, Blackjack, and Baccarat, as well as VIP tables.
Bonuses (8/10)
We’ll delve deeper into BitStarz casino bonuses so you can make an informed decision about whether or not it’s optimal. We’ll take a look at all the bonuses and discuss how they work and what’s available for new players and veterans alike.
Slot Wars — One of their many weekly promos where slots-lovers compete against each other with a prize pool worth €5000 split between the top 150 finishers (plus 5000 bonus spin prizes).
Table Wars — Another one of their weekly promos where card sharks compete against each other with a prize pool worth €5000 divided between the top 40 finishers (plus 5000 bonus spin prizes).
Support (8.5/10)
The customer support team is available to players 24 hours a day, 7 days a week. You can get in touch with them in many ways, such as live chat and email. They are also happy to address any questions about games or deposits. You can contact them by email or using their live chat service, one of their most popular ways to communicate with players. Customer support is available on the website in English, Spanish, and Arabic, making it easy for players worldwide to contact them.
Reputation and Licensing (10/10)
With the guarantee of security provided by its Curacao eGaming certification, this Ethereum casino is undeniably worth trusting. Not only does this establishment come equipped with top-of-the-line security features like SSL encryption, but it also provides players with total peace of mind thanks to a Certificate of Trust issued by AskGamblers which was given after an in-depth analysis and evaluation process. With an impressive 4.4 rating on Trustpilot, it can’t be denied that people love playing here!
If you are looking for Ethereum casinos in Canada, there is plenty to choose from. mBit is a licensed Ethereum casino open to Canadians founded in 2014. Owned by Dama NV, one of the largest online operators in the world, this platform features a straightforward UI – including both classic games and new releases – that make finding what suits your needs quick and simple! Though perhaps appearing more conventional than others, we can assure you its organization will delight anyone who has trouble navigating these sites normally! However, they do not offer an Ethereum sportsbook.
ETH Games (7.5/10)
Slot games are the cornerstone of any online casino. mBit offers slot machines for every type of player, with various themes, bonus rounds, and payouts. This includes some progressive slots, which can lead to big payouts if you get lucky. There is also an abundance of classic slots that allow you to enjoy the nostalgia from decades ago. If slot games are not your thing, mBit has other great table games, such as blackjack, Ethereum poker, or roulette, that should suit your needs.
Finally, many video poker variations are available here that offer a nice variety of wild cards to keep things interesting. With over 2000 games in the Eth casinos library from the best software developers. Developers like iSoftBet, Quickfire, Nolimit City, Betsoft, Belatra, Evolution Gaming, and many others.
Bonuses (8/10)
One of the most important aspects of a casino is its bonuses. To maximize your gaming experience, you need access to some type of bonus that will allow you to use all the extras. MBit has exactly what you’re looking for! MBit offers several different bonuses, but for now, we’ll focus on those that players can access.
Refer A Friend Bonus: If referring a friend brings you both 200 Free Spins and a 100% matched deposit bonus, you win twice!
Loyalty Program: You could avail yourself of everything from Bizzy quiz competitions and additional daily promotions to extra spin rewards and cashback deals!
Daily Deal: Receive reload bonuses as high as 15%, or get 35 free spins on top if there’s no promo available!
Support (8.5/10)
MBit understands the need for customer service in online gaming. MBit offers both live chat and email, so you can talk about your difficulties with games directly with a representative. They also have an extensive list of FAQs that provide common solutions to issues people might be experiencing.
Reputation and Licensing (10/10)
The Curacao eGaming Commission has officially approved the world-renowned, reputable gaming platform. Their encryption system can shield sensitive information under an SSL certificate, making hacking attempts virtually impossible. mBit also exclusively accepts Bitcoin payments because they are immune to hacking and other vulnerabilities in traditional banking systems.
A brand-new crypto casino US has opened its doors to over one hundred nations worldwide, catering specifically to gamblers. With the sleek design of both light and dark modes on desktop computers and mobile devices alike, it’s a wonder this gambling establishment doesn’t charge more. But that’s not all they offer — slots, roulette, blackjack — there are so many games here! There are also tournaments, events, and promotions if you’re willing to look! However, they do not offer an Ethereum sportsbook.
ETH Games (8/10)
They’re second to none, with countless games for anyone and everyone — no matter how picky you may be. With so many partners, this casino has many suppliers, such as Belatra, Betsoft, Habanero, Mr. Slotty, and so on. They’ve got 3000 plus games, including slot machines, table, and card games too! These casinos don’t come close to comparing because not only can you play them online, but there are also live casino games with real live dealers.
Bonuses (9/10)
Bets.io offers a handful of bonuses and promotions, which include:
Weekend Reload Bonus: you can claim a 75% match-up to 280 mBTC and 120 free spins
Weekly Cashback: Earn up to 1,000 USDT on weekends when you pay a deposit! Go ahead and check your account’s loyalty level first — you can earn bonuses from 5%-10%, depending on where you stand.
Support (9/10)
One thing most gamblers share is a common motive for visiting an Ethereum casino — the need for great customer service. Whether you’re playing slots or roulette, everyone wants to feel like a VIP and never have trouble getting in touch with their favorite game provider. Luckily, Bets .io excels at excellent customer support services, so there will always be someone who’ll handle any issue quickly and efficiently. Bets.io offers support via email and live chat.
Reputation and Licensing (9.5/10)
The cryptocurrency gaming house is licensed through Curacao eGaming and its casino operator, Gaming Services Provider NV. It’s not just their ability to offer licenses that sets this brand apart but also the high degree of quality customer service and overall transparency when dealing with crypto transactions.
7bitcasino is an awesome Ethereum casino with great ETH jackpot slots. They have all the games you could ever want, and the Ethereum blockchain powers them. That means that your bets are provably fair and always secure! It also means that there is no overhead for the casino as it doesn’t need any servers to run on, so they can pass those savings back onto their players in the form of lower house edges and higher payouts. You can also use a variety of cryptocurrencies on 7bitcasino, including Bitcoin, Litecoin, Dash, Monero, Zcash, and more. You can deposit with fiat or crypto, which makes it easier for everyone to play! However, they do not offer an Ethereum sportsbook.
ETH Games (10/10)
7BitCasino offers the largest library of games, with over 7000 games. ETH slots are the priority here. Well-known software providers provide every game. Some examples are Microgaming, NetEnt, and Play’n Go. Many games are mobile-compatible to enjoy your favorite casino games on the go. Players can also enjoy table and card games such as Blackjack and Roulette, which are not always offered by even some of the best bitcoin gambling sites today. One thing that sets 7BitCasino apart from the competition is its Live Dealer Games. They offer Live Casino tables for popular table games, including Baccarat, Punto Banco, and American Roulette. These tables allow players to interact in real-time with live dealers using state-of-the-art streaming technology in a safe environment where they can win big while enjoying an exciting gameplay experience!
Bonuses (7/10)
7BitCasino offers plenty of rewards and promotions. You’ll never go without something extra to claim again! With a 100% bonus of up to 1.5 BTC + 100 free spins at signup, there’s no way you could be disappointed. Other perks include:
Reload Bonus: Do you need some cash fast? Look forward to a 25% reload bonus every Monday!
Wednesday Free Spins: New members will receive either 40 or 100 free spins depending on your status – that’s right!
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Bitcoin Casinos vs. Ethereum Casinos 🪙
It is frequently asked which cryptocurrency is the best to use when playing online games. When these factors are considered, BTC and ETH gamblers will discover that they both provide something unique in comparison to traditional currency players:
Higher Payouts: One of the biggest benefits of using a cryptocurrency for casino play is that you can access much higher payouts than traditional fiat currency. For example, gambling at a casino where you deposit $10 in fiat money will only give you back $10 worth of winnings if you win. Meanwhile, if you gambled with an equivalent amount in cryptocurrency, your payout would typically be much higher due to the price fluctuations of these currencies.
Cryptocurrency Market Accessibility: When it comes down to it, one major perk is accessibility, namely because people don’t need bank accounts or identification cards (or even age verification) to access them! You also get instant transactions without any waiting time.
Provably Fair games: Another plus is that many crypto casinos offer provably fair games. Unlike traditional land-based or online casinos, the randomness of these games is verifiable through cryptographic algorithms, which means you’re less likely to run into shady activity like rigged slots and roulette wheels.
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Freedom from geographical restrictions: Most importantly, users don’t have to worry about borders when they’re making deposits or withdrawals into their respective wallets — not just between countries but between various areas within the same country too!
In Wrapping Up 😌
Finding a good Ethereum casino can be difficult. It takes patience, perseverance and research to find one that meets your needs as a gambler. One bad experience isn’t detrimental but dealing with dishonest casinos is much worse. So it’s important to do extensive research beforehand to avoid being scammed out of all your money!
The following 10 are some of the best Ethereum Casinos available right now; they have licenses, perform well and have a proven track record — so you’ll feel secure playing there knowing you won’t lose anything. But we still advise checking each website before registering or betting money on them!
DISCLAIMER 🛑
Unfortunately, some Ethereum casinos reviewed in this article might be unavailable to residents from certain countries. Please double-check your local gambling laws before placing a bet online.
All Ethereum betting sites on our list are 18+ and have restrictions for deposits and wagering limits (which we’ve included), so you can gamble responsibly without endangering yourself or others. If you think you’re addicted to gambling, please call the national problem gambling hotline at 1-800-522-4700; they’ll give more information about how to treat gambling addiction best. You can also learn more from
Authorities in The Bahamas arrested Sam Bankman-Fried on Monday
The arrest follows an indictment shared with the Bahamian authorities by U.S. prosecutors
SBF is expected to be extradited to the U.S., where he will face wire fraud, security fraud conspiracy, and money laundering charges
The Bahamas are expected to extradite SBF to the U.S. upon request
About a month after the collapse of the second largest crypto exchange, the Bahamian authorities arrested FTX founder Sam Bankman-Fried on Monday. The arrest followed U.S. Attorney Damian Williams’ sharing of a sealed indictment with the Bahamian officials.
USA Damian Williams: Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on a sealed indictment filed by the SDNY. We expect to move to unseal the indictment in the morning and will have more to say at that time.
According to a report by CNBC, Bankman-Fried is looking at wire fraud, security fraud conspiracy, and money laundering charges.
In addition to the indictment filed by the U.S. Attorney for the Southern District of New York, the Securities and Exchange Commission (SEC) has also filed a complaint against the founder of FTX. The SEC is accusing Bankman-Fried if defrauding equity investors that were involved with FTX.
Recall that FTX was valued at $32 billion following the $400 million Series C funding round in January. Around that same time, the exchange’s U.S. arm, FTX US, also raised $400 million, albeit at an “only” $8 billion valuation.
Last month, the FTX exchange filed for bankruptcy, after a massive bank run forced the exchange to admit to insolvency. Soon after, it came to light that the reason for FTX’s poor financials was that the exchange funneled user funds, which were supposed to be completely inaccessible, to Alameda Research, Bankman-Fried’s investment company that made a series of poor trades during this year’s crypto downturn.
The Bahamas are expected to extradite Bankman-Fried to the U.S. upon request by United States officials. Speaking about the arrest, Bahamian Prime Minister Philip Davis noted:
“The Bahamas and the United States have a shared interest in holding accountable all individuals associated with FTX who may have betrayed the public trust and broken the law.”
Hong Kong, Hong Kong, 13th December, 2022, Chainwire
Platypus Finance is launching USP, a protocol-native stablecoin. USP’s deployment has emerged from Platypus’ goal of improving capital efficiency for its users. USP also resolves long-running collateral issues associated with stablecoins. The native Platypus Finance stablecoin has been designed to reduce the liquidity fragmentation and scattered assets that are endemic to many protocols.
USP is pegged to the US dollar, operating as an overcollateralized stablecoin that provides a layer of security in cases of depegging with its unique Adaptive Peg Stabilizer. The coin maintains its value itself with the Platypus stableswap AMM algorithm and coverage ratio model.
Platypus’ native stablecoin dramatically enhances capital efficiency for users of the Avalanche DEX. It takes advantage of single-sided collateral and allows users to sit comfortably with minimum smart contract risk. USP can be earned by users by collateralizing their LP tokens with up to 20 times leverage. This way, investors can farm with their USP as a liquid asset and ultimately increase their earning power. USP can be minted in the Main Pools LP to start with, and will expand minting opportunities to the Alternative Pools LP as well.
Benefits to USP include:
Maximizes Capital Efficiency: Users can mint USP using LP tokens on Platypus Finance as collateral and turn staked assets to liquid.
Enables 20x Leverage Farming: Through repeated minting, leverage farming on Platypus is made possible by up to 20x.
Minimizes Smart Contract Risk: Minting and collaterals are based on a single platform which greatly reduces systematic risks.
Utilizes Single-Sided Collateral: Impermanent loss-free, single-sided LP collateralization enables much higher flexibility and risk control on the minting.
Platypus continues to grow with USP launching as a follow-up to the platform’s release of its Voting Gauge mechanism. The feature essentially gave users power to control where PTP emissions go through the gauge and earn rewards in the form of bribes as they vote.
About Platypus Finance
Platypus has redefined stableswaps and reinvented stablecoins on Avalanche. Masterfully utilizing Platypus’ underlying assets brings next-level capital efficiency which solves the long-standing problem of liquidity fragmentation in traditional DeFi. With an open liquidity pool stableswap and single-sided liquidity provision, it redefines the concept of liquidity equilibrium allowing for the integration of new assets, more use cases for the single-sided LP tokens, and organic growth of assets based on supply and demand. Platypus further utilizes its capital to mint stablecoins: the USP – all of these innovations neatly wrapped in one sleek user interface.
BinaryX launches a new 220,000 BNX Cyber Incubation Fund, aimed at driving the growth and adoption of Web3 games.
The fund, supported by the project team, seed investors and members of the BNX community, will be used to invest in on-chain gaming projects that utilize or are experimenting with blockchain technology. BinaryX is also offering advisory services alongside the fund to bolster support for projects under the fund.
The fund will be used to provide resources and all forms of support for games at any stage, including early-stage, and late-stage development.
BinaryX Incubation Fund Distribution Breakdown
The fund distribution comes from the overall BinaryX fund as pictured below:
BinaryX will allocate 8% of their overall funds to the Cyber Incubation Fund, the amount is $12 million USD at the time of writing.
Rudy, Head of Growth at BinaryX, said:
“BinaryX is committed to accelerating the adoption of Web3 technologies in gaming. The fund is not limited to supporting blockchain games already in the space, but also traditional developer teams who want to experiment with blockchain in their games or NFTs. We believe in the overall growth and adoption of blockchain within the gaming ecosystem, and we will strive to support any project that is promising to that effect.”
Since launching the incubation arm mid-2022, BinaryX has invested in and incubated 2 GameFi projects. Its portfolio includes SHIT games, and Rh!noX NFT collection, with several exciting projects underway.
BinaryX will accelerate its search and adoption of projects in need of incubation, and offer support across all stages, including early-stage and late-stage development.
With this incubation arm, BinaryX aims to connect projects with BinaryX’s network of resources, advisors and investors to help projects go to launch. The Incubation Fund is open to receive applications and all year round, providing iterative support to any project at any stage of development.
The news comes amidst already refuted rumours that BinaryX is selling tokens. To reiterate their stance, Rudy said, ‘We would like to emphasize that there was no foul play from our team. We are entirely focused on our games, and we have been communicating our upcoming plans transparently.’ The team has just arranged a DAO vote to decide on the buy back plan for BNX, and are working to execute it alongside other strategic plans for long-term growth, including the development of their latest game, CyberLand.
About BinaryX
BinaryX is the GameFi platform behind play-to-earn games CyberDragon and CyberChess, both of which run on the BNB chain.
BinaryX began as a decentralised derivative trading system. The team gradually evolved into developing decentralised video games, and is now transitioning to becoming a GameFi platform offering IGO services to bridge Web2 developers to Web3.
As one of the top 10 projects on the BNB Chain, BinaryX has a vast community of more than 100k coin holders and 17K monthly active wallets. It is also one of the largest metaverse projects by trading volume on the BNB chain. BinaryX also has a token, $BNX, that has consistently demonstrated strong performance despite the bear market.
For more details and information about BinaryX, please visit www.binaryx.pro