Tag: ETH

  • 10 Best Ethereum Gambling Sites in 2022

    10 Best Ethereum Gambling Sites in 2022

    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.

    1. Stake — Best Ethereum Casino Overall 
    2. CloudBet — Best for Live ETH Casino Games
    3. Bitstarz — Best for Progressive Jackpots
    4. mBit — Best for Deposit Bonuses
    5. Bets.io — Best for Daily Cashback
    6. 7BitCasino — Best for Outstanding Game Collection
    7. RedDogCasino.com — Best for Daily Bonuses
    8. Slots.lv — Best for Big Slots Payouts
    9. WildCasino — Best for Mobile ETH Gambling
    10. Bovada.lv — Best for ETH Sports Betting

    The Best Ethereum Casinos in 2022

    1. Stake — Best Ethereum Casino Overall 🥇

    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.

    ETH Games (9/10) 

    I HIT A 1000X MAX WIN ON PLINKO! (STAKE)

    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.

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    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.

    Exclusive bonus: Welcome Bonus: 10% Rakeback Using Code’ GET10BACKBONUS’

    2. CloudBet — Best for Live ETH Casino Games 🥈

    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.

    Exclusive bonus: 100% Welcome Bonus of Up to 5 BTC 

    3. Bitstarz — Best for Progressive Jackpots 🥉

    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. 

    MY BIGGEST SLOT WIN EVER.. $100,000!! 🤑 (INSANE PROFIT)

    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.

    • Welcome Bonus: Gamblers who join us get a Double deposit bonus + 180 free spins.
    • 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!

    Exclusive bonus: Welcome Bonus: Double Deposit + 180 FREE SPINS

    4. mBit — Best for Deposit Bonuses 🎁

    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. 

    • Welcome Bonus: Players can avail themselves of a generous welcome bonus — up to 5BTC + 300 free spins
    • 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.

    Exclusive bonus: Welcome Bonus: Up to 5 BTC + 300 FREE SPINS

    5. Bets.io — Best for Daily Cashback 💸

    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: 

    • Daily CashBack Bonus of Up to 20%
    • Wednesday Free Spins: Get up to 30 free spins 
    • 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.

    Exclusive bonus: Daily CashBack Up to 20%

    6. 7BitCasino — Best for Outstanding Game Collection 🎲

    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! 
    • VIP Club: Become part of the illustrious 7Bit Casino VIP club, where loyal players can redeem comp points for membership upgrades in higher tiers.

    Support (8/10)

    At 7bitcasino, They understand that there are a lot of trust issues when it comes to online casinos. That’s why our customer service team is available 24/7 via email, live chat, and phone. Whether you need help finding your way around the site or just have a simple question about an event — their team will be there for you.

    Reputation and Licensing (10/10)

    That is a legitimate and reliable online gaming platform where gamers can rest assured that no one will ever intrude upon their personal space. The Ethereum Casino, licensed by Curacao eGaming, offers both Bitcoin processing and credit card payment methods for those who prefer either. With a Random Number Generator (RNG) implemented to ensure each outcome is random, players should always feel safe when gambling here.

    Exclusive Bonus:  100% bonus up to 1.5 BTC + 100 free spins 

    7. RedDogCasino.com — Best for Bitcoin Gambling Tournaments 🏆

    • New players receive an enticing bonus package of 225% up to €12,250
    • A plethora of incentives and rewards;
    • Games for mobile devices
    • Payouts are made within one business day, if not sooner.
    • RTPs for slots range from 99% to 96%.

    8. Slots.lv — Best for Big Slots Payouts 💰

    • Welcome bonus of up to $7,500
    • A top-notch game selection.
    • An easy VIP Program with cashback incentives.
    • A reasonable wagering requirement.
    • Tournaments that display a daily ranking.

    9. WildCasino — Best for Mobile ETH Gambling 📱

    10. Bovada.lv — Best for ETH Sports Betting 💪

    • $3,000 casino welcome bonus
    • Over 300 casino games
    • Features an Ethereum sportsbook
    • Over 20 years of experience in the online gambling industry
    • Great customer support 

    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. 
    • Anonymity: There’s no way for anyone outside a particular crypto casino to identify who’s playing there since there’s no personal information collected during registration other than an email address. 
    • 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  

    • gamblersanonymous.org
    • ncpgambling.org
    • gamblingtherapy.org
  • Binance Gift Card Marketplace—New Features that Make Crypto Gift Cards Even Better

    Binance Gift Card Marketplace—New Features that Make Crypto Gift Cards Even Better

    Key takeaways

    • The Binance Gift Card is a new feature on Binance that makes it easy for users to send and receive gifts and cryptos without any fee
    • Binance Gift Cards are useful and convenient not only as gifts but also for regular use due to how simple they are to redeem and put to use
    • Anyone and everyone—including non-Binance users—can receive gift cards
    • The Binance Gift Card Marketplace now offers new products, including Fixed-Value Gift Cards, Gift Cards with cashback, and Gift Card Mystery Boxes

    Since its introduction in 2017, Binance has become a well-known cryptocurrency exchange. Low trading fees and swift transactions have largely contributed to its phenomenal growth. Binance also widely utilizes the BNB (BNB) cryptocurrency.  

    With a multi-tier and multi-clustered architecture, the crypto exchange platform claims to give high processing throughput, with the ability to execute over 1.4 million orders per second. More than 600 different coins with varying market capitalizations, including Bitcoin, Ethereum, XRP, and many others are supported for trade on Binance.

    Binance Gift Card – Explained

    A gift card is a type of prepaid debit card that has money on it that may be used for a number of purchases depending on the user’s choice. Store gift cards are made to be used at certain stores or shops, whereas general-use prepaid gift cards are independent of any one retailer and can also be used to withdraw cash from ATMs.

    With a Binance Gift Card, you may send and receive cryptocurrencies quickly, easily, and at no cost to both Binance and non-Binance users. The cryptocurrency will be fully credited to the recipient’s Binance funding wallet once they redeem the gift card code.

    The following are some of the main advantages of Binance Gift Card:

    • Various themes and templates to accommodate the tastes of different users.
    • Ease of Deposit and Withdrawal of crypto. 
    • Easily invite new Binance users by binding your referral code.
    • Enhanced security features, including the “Restrict Recipient” function.

    Uses of Binance Gift Cards

    Most times, sending money or gifts to a friend or family in another country is always marred with many hassles.   

    You probably already know how stressful it can be to transfer money abroad if you’ve ever spent some time abroad or attempted to help family members who live abroad. It is expensive, in terms of both time and money.

    Cryptos show the potential to simplify this process, and Binance Gift Cards aim to help in international transfers in their own ways.

    The Binance Gift Card can be used for various reasons depending on the type of user. This new feature on Binance can be utilized by both retail and corporate users, and both will enjoy unique satisfactions, based on their needs.

    Gifting

    Due to their great degree of personalizability, Binance Gift Cards are not only a fantastic lifestyle gift but also flexible enough to be as unique as you would like them to be.

    To show someone you’re thinking of them, you can choose a thoughtful design from the Binance template library or include a message when you deliver your gift.

    Every month, new designs are added to the Gift Card store, so users can return to check if they don’t find one that appeals to their recipient at the moment.

    Transfer Crypto for free

    In spite of the name, Binance Gift Cards are not restricted to sending and receiving gifts. They can also be utilized as a fee-free transfer service to send cryptocurrency anywhere and anytime.

    In keeping with one of their primary objectives of helping users attain financial freedom, Binance introduced a tool called Transfer Crypto that enables you to transmit any amount of cryptocurrency to your dear ones for free.  

    The crypto exchange intends to increase user access to secure remittance by eliminating the minimum amount requirement that many other transfer services impose.

    The new Binance Gift Card Marketplace

    The Binance app now features its gift card features in the new-look Gift Card Marketplace, which has also introduced some great new features. Let’s have a look.

    Fixed-Value Gift Card

    Fixed-Value Gift Cards are denominated in stable currencies like fiat or stablecoins instead of their underlying cryptocurrency. Let’s say that you want to gift some ETH to a friend. Instead of loading up a gift card with ETH, you could purchase an ETH Fixed-Value Gift Card. 

    For example, if you purchase an ETH Fixed-Value Gift Card with 100 BUSD, the recipient will be able to redeem the gift card for 100 BUSD worth of ETH at any time, getting ETH equivalent to the market rate at the time of redemption.

    Fixed-Value Gift Cards allow you to avoid the unfortunate scenario where the value of the cryptocurrency you’re sending decreases before your recipient redeems the gift card.

    Gift Card with Cashback

    The Gift Card Marketplace now offers special gift cards with a cashback feature. If you purchase such a gift card, you will receive another gift card as cashback. You can then redeem the gift card to get some extra crypto. However, gift cards with cashback are only available in limited quantities, and are distributed to users on a first-come, first-served basis.

    As an example, the Gift Card Marketplace recently featured a gift card where users would receive a 3 DEGO gift card if they purchased a 100 DEGO gift card.

    Gift Card Mystery Box

    Gift Card Mystery Boxes provide the chance of getting more than you paid for out of your gift card. When opening a Gift Card Mystery Box, you will get a random reward multiplier that can potentially be significantly larger than the amount you paid for the Mystery Box. The worst-case scenario is that you get what you paid for—you are guaranteed to redeem at least your participation fee, and potentially more.

    Now that we’re up to speed with the new features introduced by the Binance Gift Marketplace, let’s go through the process of how you can create, send and redeem gift cards on Binance.

    How to Send and Redeem Gift Cards

    Here, we will summarize how you can create and redeem Binance gift cards in simple-to-follow steps:

    Send gift cards

    1.     Open the Binance App. Then, select “Wallets” to move cryptocurrency from your Spot Wallet to your Funding Wallet.

    Binance app wallet

    2. Visit the home page and select “Profile” – “Gift Card”, then hit the yellow “Plus” icon.

    Binance app gift card

    3.     Choose “Send Gift Card”. Then, select the crypto you wish to transfer and enter the payment amount. The appearance of your gift card can also be changed. To proceed, click “Buy Now”.

    Binance gift card

    4. To validate the transaction, enter your 2-Factor Authentication code. Your Funding Wallet will be adjusted to reflect the amount.

    5. Gift card has been created successfully.

    6. The gift card you created can now be sent to the recipient of your choice. 

    Redeem gift cards

    1. After logging in, go to your profile and select “Gift Card” from the menu.

    2. Click “Redeem.”

    3. Select “Redeem” and enter the 16-digit number from your gift card.

    4. Once done, you have successfully redeemed your gift card.

    How to Redeem and Convert Binance Gift Card to Fiat

    One of the new, exciting features on Binance is the ‘Redeem and Convert to Fiat’ function. It makes it easy for users to convert their Binance Gift Card to Fiat currency.  

    Once users receive Binance Gift Cards, they can easily convert it to fiat currency by following these simple steps:Start by logging into your Binance app and selecting “Profile” – “Gift Card”.

    1. Select “Redeem” and then “Redeem & Convert to Fiat”.
    Binance redeem gift card

    2. After entering the Gift Card redemption code, choose the fiat currency you want to convert the cryptocurrency into. To continue with the cryptocurrency to fiat conversion on Binance P2P, click “Next”.

    Binance redeem gift card to fiat

    3. If the platform allows for the conversion of your cryptocurrency, the user will be redirected to Binance P2P. To move on to the “Sell” page, carefully read the instructions and tutorial before tapping “Confirm”.

    4. Tap “Sell with 0 Fee” after entering the amount of cryptocurrency to convert. Your requirement-matching order will be generated automatically.  

    5. The best crypto price currently offered on the P2P market will be used to match your order, and it will then be converted into the local currency of your choice.

    6. The cryptocurrency amount will be credited to your Funding Wallet if the Redeem & Convert to Fiat function does not support the cryptocurrency in your Gift Card. By clicking “View my funding wallet”, you can view your balance.  

    Conclusion

    The Binance Gift Card enables faster and easier transactions in the crypto space and can be used by both Binance users and non-Binance users.  

    With its array of services including, sending, receiving, and redeeming gifts, the Binance Gift Card simplifies transactions for users, making it an added advantage for both crypto users and non-crypto users.  

  • Best 2023 Crypto Investments: Bitcoin (BTC), Ethereum (ETH), and The Hideaways (HDWY)

    Best 2023 Crypto Investments: Bitcoin (BTC), Ethereum (ETH), and The Hideaways (HDWY)

    Bitcoin (BTC) and Ethereum (ETH) get in the lead of the latest crypto bull run which sent the industry’s value back to $1 trillion. Analysts believe this could be the start of a sustained recovery that could recover some of the losses made this year.

    Although a newcomer, The Hideaways (HDWY) is also seen leading the pack – the presale token is seeing huge demand thanks to a 100% bonus on all investments ahead of the price rising later this week. This offer ends soon, so make sure you buy now!

    Optimistic US Job Report Lifts Bitcoin (BTC) Price

    Bitcoin (BTC) jumps over the US Labor Department’s latest report showing 261,000 new job additions in October, showing a recovering macroeconomic condition. This is right after the Federal Reserve hiked interest rates by another 0.75% to curb the country’s growing inflation.

    Investors are recovering their appetite for crypto assets again, with Bitcoin (BTC) remaining the top choice. BTC hiked 3.41% in the latest charts, with the price hitting the $21,000 zone for the first time since September.

    Other cryptocurrencies receiving attention are Ethereum (ETH) and The Hideaways (HDWY) following their impressive gains in October.

    Bitcoin (BTC)’s 24-hour charts show an upward trajectory hinting the bull run has no plans to hit the brakes. This makes it attractive especially for short-term traders wanting to take advantage of the price volatility.

    Ethereum (ETH) Surges Above an Important Resistance Level

    Likewise, Ethereum (ETH) is tracking the positive momentum seen in the broader crypto market. ETH is last seen trading at $1,642.52 after successfully hitting above $1,600.00 after encountering multiple rejections in this zone.

    Analysts noted that such a win can open a rally toward $2,000.00 – a level we have not seen Ethereum (ETH) touch in a long time.

    On the downside, investors are growing concerned about the network’s censorship. The latest data shows Ethereum (ETH)’s OFAC-compliant blocks have grown 73%, driving attention towards projects that are truly decentralized like The Hideaways (HDWY).

    The Hideaways (HDWY) Looks to Hit +1,500% Before Presale Closes

    When it comes to decentralization and democratization, The Hideaways (HDWY) is a clear winner.

    The Hideaways (HDWY) is the first luxury real estate investment project to give investors an equal chance to vote on its property acquisitions – a true mark of real decentralization.

    The Hideaways (HDWY) backs its NFTs with real-world assets to ensure their stability. For as low as $100, investors are granted a steady and safe investment that is not only high-potential but is also a reliable passive income source.

    As it wraps its presale event this month, The Hideaways (HDWY) is forecasted to hit huge 15,000 gains in 2023.  You can still get it for a steal at $0.08 – it’s rising later this week so move now to secure your 100% bonus!

    Don’t miss your chance to make invest in the best project of 2023!

    Website: https://www.thehideaways.io

    Pre-Sale: https://ticket.thehideaways.io/register

    Telegram: https://t.me/thehideawayscrypto

    Twitter: https://twitter.com/hdwycrypto

    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.

  • Dogeliens Could Make You 100x Returns While Educating Today’s Youth

    Dogeliens Could Make You 100x Returns While Educating Today’s Youth

    Cryptocurrency has sprung onto the financial landscape, offering progressive, decentralized, non-governmental money that is community-controlled and unaffected by political influences. In many respects, it has accomplished this achievement by shattering old financial boundaries and making investment options available to a broader range of individuals.

    For example, a greater proportion of young individuals utilize cryptocurrency, breaching the age barrier that occurs in stock market trading. Furthermore, many previously unbanked individuals who had the appropriate paperwork or the wherewithal to create regular bank accounts have instead opened crypto wallets.

    However, despite the hundreds of articles like this one explaining what Bitcoin is and how to utilize it, not many people understand what it is. This is where Dogeliens comes in.

    Dogeliens And The University Of Barkington

    A brand-new cryptocurrency called Dogeliens is entering the metaverse to encourage more people to adopt cryptocurrencies. The coin offers games and instructional content to assist the general public to comprehend cryptocurrencies easily. To do this, Dogeliens established the ‘University of Barkington,’ which provides users with a vast array of material. Their objective is to build the greatest blockchain-based teaching platform to attract more individuals to enter the crypto sector.

    Although Dogeliens are not specifically intended at encouraging women to participate in bitcoin, they are focused on exhibiting the convenience of cryptocurrency payments to attract more people to participate and demonstrate its accessibility. They are enthusiastic about educating and promoting cryptocurrency to a broader audience of consumers. This is the viewpoint that is required to build an accessible platform for more women to enter the banking sector.

    Ethereum vs. Dogeliens

    Ethereum also features a learning platform dubbed the ‘Learn Hub,’ which has a collection of technical and non-technical publications, instructions, and tools. A tab system guides visitors to information covering all of Ethereum’s bases. However, unlike Dogeliens, this is not interactive or committed to cryptocurrency inclusion. The ‘Learn Hub’ on Ethereum is completely dedicated to Ethereum-related material. Although their website claims that their “community comprises people from many backgrounds,” there is no evidence to suggest that they are making efforts to guarantee that their coin is diverse in actuality.

    More work has to be done to educate consumers if we want to continue considering cryptocurrencies as a medium that enhances financial user diversity. Education is the key to advancement, and this is the required next step for crypto to close the gender gap. Ethereum’s ‘Learn Hub’ gets things started, while Dogeliens’ ‘university’ takes things a step further. To stay ahead of the financial game and lead the path for the future of finance, cryptocurrency must devote more time and effort to educating its users and broadening its platforms.

    Do You Want To Buy DOGET During Its Pre-Sale? This Is How!

    DOGET is now in stage one of its presale, with around 950 million tokens available before the price increases. At the moment, 1000 tokens are available for 1USDT. You may purchase the token on its presale website by creating and linking a crypto wallet. The token may then be purchased with ETH, USDT, or BNB. Following the end of the presale, the acquired tokens will be available for collection.

    DOGET is a new meme currency with a total quantity of 25 billion coins. This meme project is more than just for fun and amusement; it also includes learning and earning opportunities. Its various utilities and innovative designs might catapult the project over WBTC and other competitors.

    Dogeliens (DOGET)

    Presale: https://buy.dogeliens.io/

    Website: https://dogeliens.io/

    Telegram: https://t.me/DogeliensOfficial

    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.

  • Ethereum and Big Eyes Coin Are Altcoins You Shouldn’t Overlook Going into the New Year

    Ethereum and Big Eyes Coin Are Altcoins You Shouldn’t Overlook Going into the New Year

    The new year is about two months and some days away, but the anticipation has been high. Many see it as a year of recovery and profitability, and most crypto market players have switched their focus on getting it right in the coming year.

    Amidst the several preparations and heightened anticipation, overlooking some crypto assets could make your efforts seem futile.

    Ethereum (ETH) and Big Eyes Coin (BIG) are topmost on the list of altcoins you shouldn’t overlook going into 2023. Below, we consider their possibility of making an excellent run.

    Ethereum Has A Ethereal Market Cap Of $150+ Billion!

    Ether (ETH) remains the greatest altcoin in the coin market. It is the native token of the Ethereum network, which hosts several crypto assets and powers numerous DApps. The open-source network has immensely contributed to the growth of the digital economy, enabling developers to earn online. 

    Ethereum remains one of the leading projects ensuring users can benefit from the Pros of DeFi. The Ethereum merger a few weeks back is one of the trading year’s highlights. It indicates the network’s commitment to growth and serving users better by ensuring low gas fees and higher throughput.

    The leading smart contract platform boasts the highest market capitalization after Bitcoin (BTC), which is over $150 billion. Ether (ETH) had an impressive 2021, making progressive runs that saw it reach a new all-time high. Although the bear market effect and the unfavourable market condition have seen it decrease in price by over 50%, it’s on course for another great run in the coming year.

    Big Eyes Coin Reaches $10,000,000 In Presale 

    The Big Eyes Coin (BIG) is one of the most anticipated new crypto projects to launch on major exchanges in the coming months. Big Eyes Coin (BIG) has gathered lots of hype and buzz, to the delight of many crypto enthusiasts. The cat-theme meme coin is tipped to break. doge-community dominance in the meme space, inspiring the advent of more cat-theme meme coins.

    Big Eyes (BIG) will redefine what meme coins are. Beyond mere laughs, the crypto asset boasts real utilities that benefit users and the world’s ecosystem. Project developers are committed to ensuring the project has a competitive advantage over others by positioning it for market success from its presale.

    The project will feature valuable NFTs collections that will grant users access to events, content, and resources in the Big Eyes (BIG) ecosystem. Holders will also be able to trade it to earn money. The NFTs have been projected to increase in value and rank amongst the top 10 NFTs in the major NFTs marketplace.

    Big Eyes (BIG) is enjoying an impressive presale run. It’s currently at its sixth presale stage and has gathered over $10 million. Early holders will be hoping the Ethereum-built crypto project can continue its run when it launches. By all indications, Big Eyes (BIG) looks capable of continuing its progressive run. Thus, it’s advisable not to overlook it.

    For more information on the project:

    Presale: https://buy.bigeyes.space/

    Website: https://bigeyes.space/

    Telegram: https://t.me/BIGEYESOFFICIAL

    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.

  • Five Cryptocurrencies That Are Likely To Bring You Financial Fortune

    Five Cryptocurrencies That Are Likely To Bring You Financial Fortune

    Cryptocurrencies are permissionless digital currencies that are decentralised and driven by blockchain technology. The inception of crypto came in 2009 with the anonymous Satoshi Nakamoto’s Bitcoin (BTC). Although cryptocurrencies have been around for thirteen years, it was during the COVID-19 pandemic that they gained popularity.

    The crypto industry is constantly developing, with over 18,000 blockchain networks in operation and a range of currencies for consumers to select from. Here are five cryptocurrencies that will likely provide you with financial fortunes.

    The Crypto Godfather – Bitcoin 

    As previously mentioned, Bitcoin (BTC) came into inception in January 2009 by the anonymous Satoshi Nakamoto. Its development was carried out to enable “online payments to be delivered directly from one party to another without passing via a financial institution.”

    Bitcoin has succeeded in establishing a worldwide community and spawning a completely new business of millions of fans who produce, invest in, trade, and utilise Bitcoin and other cryptocurrencies in their daily lives. This is why Bitcoin has a strong probability of making you money, as it is the first cryptocurrency to arrive on the market.

    Crypto’s Number Two – Ethereum

    Ethereum is the second-largest cryptocurrency by market capitalization and value behind Bitcoin. It was the first to introduce the notion of a blockchain smart contract platform. Smart contracts are computer programmes that conduct the procedures required to fulfil an agreement between many parties through the internet.

    They were designed to do away with the requirement for trusted intermediaries between contractors, cutting transaction costs and increasing transaction reliability. This is why the blockchain network remains the second most successful cryptocurrency.

    The Biggest Global Exchange – BNB

    BNB is a cryptocurrency released by the Binance decentralised exchange (DEX), which is one of the most active cryptocurrency exchanges in terms of volume. BNB intends to push cryptocurrency exchanges to the forefront of global financial activity.

    BNB’s quest for development is one of its most significant competitive advantages. While Binance began as a cryptocurrency exchange in 2017, it has now expanded into a variety of other fields. It is currently ranked the fourth most popular blockchain on CoinCheckup, giving it strong reliability to continue succeeding.

    The Meme Coin Godfather – Dogecoin

    In December 2013, Billy Markus and Jackson Palmer debuted Dogecoin (DOGE) onto the cryptocurrency market. DOGE is widely considered the first meme currency since it is based on the ‘doge’ meme, which displays a Shiba Inu dog amusingly looking at a camera while surrounded by internal monologues.

    Dogecoin’s developers envisioned it as a fun, lighthearted cryptocurrency with a wider appeal than the core Bitcoin audience because it was based on a dog meme. Its popularity grew further when Elon Musk endorsed it in early 2021. Since then, Dogecoin has grown to become one of the market’s most renowned cryptocurrencies. Dogecoin, like Bitcoin, has a distinct edge in terms of success because it was the first meme coin in crypto.

    The Cutest Cat Token – Big Eyes Coin

    Big Eyes Coin (BIG) entered the crypto market this year and has already had an influence on the meme coin industry by bringing sustainability and attractiveness to its currency. You merely need to visit the Big Eyes website to get an idea of the kind of NFTs that will be accessible. Cats are the main theme, so expect a variety of colourful and humorous cat drawings, as well as various other cat-related features.

    NFT Sushi Crew is a Big Eyes Coin marketplace for people who enjoy collecting adorable items and taking part in fun events. Big Eyes coin has confirmed that 5% of its entire supply would be donated to ocean-saving non-governmental organisations. As a result, by acquiring an NFT and investing in Big Eyes, you are helping to create a more enjoyable and ecologically friendly environment. Currently, in stage six of its presale, Big Eyes Coin has raised $9.38 million, proving itself to be an intriguing crypto purchase with high potential earnings.

    For More Information On Big Eyes Coin (BIG), Click The Links Below:

    Website: https://bigeyes.space/

    Telegram: https://t.me/BIGEYESOFFICIAL

    Twitter: https://twitter.com/BigEyesCoin

    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.

  • Next Big Crypto Big Eyes Coin, Hyped To Become the Next Ethereum or Solana

    Next Big Crypto Big Eyes Coin, Hyped To Become the Next Ethereum or Solana

    Ethereum and Solana, since the last crypto winter, competed for the top spot, with both blockchain networks going head-to-head to win more audience, investors, traders, and community members.

    Although Ethereum has always come out on top, Solana is not relenting in powering better and more scalable DeFi protocols and services. Big Eyes Coin is a new cryptocurrency that may soon be viewed by analysts and the community as the next Ethereum and Solana. While this milestone may appear hard to reach, Big Eyes Coin has already laid its roadmap to the top.

    We’ll dive into Big Eyes Coin and how it could achieve the same success as Ethereum and Solana.

    What Is ‘Big Eyes Coin’?

    Before we look at Big Eyes Coin’s roadmap to success, it’s essential we learn a few things about the token.

    Big Eyes Coin is a token designed to power the Big Eyes ecosystem, comprising NFTs, fun and gaming activities, and crypto trading. Big Eyes Coin is a cat-themed cryptocurrency dubbed to disrupt the dog-controlled meme-verse. With more liquidity controlled by Big Eyes using its native token, coupled with more featured utilities, Big Eyes Coin could become the next big thing created for the crypto community.

    Can Big Eyes Coin Match Solana And Ethereum?

    Ethereum and Solana have come a long way to reach their respective milestones today. While it’s going to take Big Eyes Coin a few years to reach its current status, there is a chance the Big Eyes community can make this a reality sooner than it took the aforementioned cryptocurrencies.

    Ethereum has had a fair share of the crypto market’s ups and downs in 2022. However, it has also evolved—powering more scalable protocols and smart contracts compared to its early years.

    Solana too was once dubbed an “Ethereum killer” because it offered a faster and more scalable network and cryptocurrency than Ethereum. With Ethereum’s recent transition to a full Proof of Stake consensus mechanism, Solana will need to power stronger and better DeFi innovations to match the DeFi leader.

    This doesn’t deprive Solana of its position as a leading DeFi network and cryptocurrency. In fact, Solana partners with Alphabet (Google’s parent company) to produce Solana Android smartphones. This speaks well of its future.

    Big Eyes Coin’s Roadmap To Success

    Big Eyes Coin’s mission in DeFi is clear “provide high liquidity for crypto traders, and offer better innovations and incentives to its community.”

    Big Eyes Coin recently announced that it had raised more than $9 million in presales and could be hitting more figures before the end of the next stage of the program. Many presale participants are already accumulating promising Big Eyes Coins as they await an already secured tier-one CEX listing taking off soon.

    Big Eyes Coin is kicking off its competition in which it will distribute $250k to the participant. Information needed for the competition can be found on their official website and social media handles.

    Big Eyes Coin (BIG)

    Presale: https://buy.bigeyes.space/

    Website: https://bigeyes.space/

    Telegram: https://t.me/BIGEYESOFFICIAL

    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.

  • 30 Interesting Facts About Bitcoin and Crypto

    30 Interesting Facts About Bitcoin and Crypto

    Bitcoin (BTC) logo cover image

    The rate of adoption of Bitcoin and other cryptocurrencies has seen a dramatic shift in pace in the past couple of years. With the inclusion of blockchain technology in nearly every industry, the trend seems poised to continue in the coming years.

    In light of the meteoric rise of digital assets in recent years, let’s take a look at some Bitcoin and cryptocurrency trivia. We guarantee that some of the info included in the sections below will leave you speechless.

    General Bitcoin and crypto statistics

    Here are 15 general facts and statistics about Bitcoin and the broader blockchain sector:

    1. The price of Bitcoin reached an all-time high in 2021, with the value exceeding $68,000 in November 2021.
    2. Bitcoin price has increased by more than 540,000% in the last 10 years.
    3. More than 300 million people around the world own or have used BTC or some other cryptocurrency at least once.
    4. The Asian continent accounts for more than 50% of the world’s usage, with 160 million cryptocurrency users.
    5. The Oceania continent has about 1 million cryptocurrency users.
    6. The average daily trading volume on cryptocurrency exchanges is more than $100 billion.
    7. 65% of cryptocurrency investors own Bitcoin.
    8. Bitcoin and Ethereum make up 58% of the total market value.
    9. With the memecoin rush that started in 2021, there are currently more than 20,000 different cryptocurrencies in existence.
    10. A post about Bitcoin is posted on social media pages in every 3 seconds.
    11. 6% of American citizens own Bitcoin.
    12. India is the world’s #1 in cryptocurrency use, with over 100 million users.
    13. There are now more than 39,000 cryptocurrency ATMs installed across 77 countries.
    14. 58% of cryptocurrency owners are under the age of 34.
    15. 36% of Bitcoin investors have an annual income of more than $100,000.

    Energy and environmental stats of Bitcoin and crypto

    Here are 15 energy and environment-related facts and statistics about Bitcoin and the broader blockchain sector:

    1. 38% of Bitcoin mining activities are carried out in the United States.
    2. As a byproduct of Bitcoin mining, nearly 38 kilotons of electronic waste are generated each year.
    3. Between 0.9% and 1.7% of the daily energy consumption of the United States is related to cryptocurrency activities.
    4. Global electricity consumed by crypto assets is about 0.3% of global annual greenhouse gas emissions.
    5. Annual electricity generation for crypto assets results in a total of 140 million metric tons of carbon dioxide.
    6. The Bitcoin network creates approximately 73 million tons of CO2 per year.
    7. Crypto asset activity in the United States is estimated to emit 25 to 50 Mt CO2/y, or 0.4% to 0.8% of total U.S. emissions.
    8. The Ethereum (ETH) network is estimated to had consumed 62.77 Terawatt-hours of energy per year, before the transition to Proof-of-Stake (PoS).
    9. The average Ethereum transaction consumed 163 kilowatt-hours of power ahead of the Merge.
    10. The Bitcoin network is estimated to generate 11.5 kilotons of e-waste each year.
    11. About 22% of Bitcoin miners’ income goes toward electricity expenses.
    12. 40% of the energy used in Bitcoin mining is recyclable energy.
    13. The energy used in Bitcoin mining surpasses the electricity consumption of countries such as Austria and Portugal. 
    14. The energy used in Bitcoin mining is equivalent to the energy used by 10 million homes each year.
    15. Emissions from Bitcoin and crypto assets could push global warming above the +2°C target in the next 15 years, according to predictions from Mora et al.

    Interesting stories about Bitcoin and crypto

    The Million-Dollar Disk in the Wasteyard

    When Bitcoin was first introduced in 2009, James Howells from Newport mined 8,000 BTC. He kept his Bitcoins on an external disk in his drawer for a while before forgetting about it and discarding it. When Howells realized his mistake in 2013, he went after the $7.5 million fortune in the garbage.

    Howell requested a search and excavation permit from the local government council but did not receive a positive response. Even though he suggested one-fourth of the lost Bitcoins for excavation, he still did not receive any permission. Howell’s struggle continues as he seeks permission to excavate in the area where there are approximately 110,000 tons of waste.  The current market value of a momentary forgetfulness is more than $156 million.

    The Million Dollar Pizzas

    May 22, 2010, is known as Bitcoin pizza day in the crypto community. The origin of this event is based on the story that a computer programmer named Laszlo Hanyecz paid 10,000 Bitcoin for 2 large pizzas. Stating that he wanted to pay 10,000 Bitcoin for 2 pizzas on the Bitcointalk forum, Hanyecz agreed with another user from the forum and paid it.

    Hanyecz’s pizzas have become increasingly expensive since the inception of Bitcoin. After ten months, Bitcoin had reached parity with the US dollar, and the value of these pizzas had risen to $10,000. Five years later, in 2015, the value of two pizzas reached 2.4 million dollars. Given that the BTC price is currently around 19.200 dollars, two pizzas are easily worth 192 million dollars.

    Final thoughts

    The cryptocurrency sector is a fascinating place. Hopefully, the statistics and interesting stories presented in this article helped paint a comprehensive picture of the nascent sector, which includes impressive technological breakthroughs on one end and downright unbelievable tidbits of information on the other.

  • Binance Options – Trade Bitcoin and Ethereum Options and Earn 30% Fee Rebates

    Binance Options – Trade Bitcoin and Ethereum Options and Earn 30% Fee Rebates

    Binance Options cover image

    Binance, the leading digital asset trading platform, has launched a new options trading platform that enables cryptocurrency investors to trade Bitcoin and Ethereum options. To commemorate the launch of the revamped options offerings, Binance has kickstarted an exclusive promotion that lets all options traders earn a 30% rebate on their options trading fees.

    What is Binance Options?

    Binance Options is a cryptocurrency trading platform that enables users to buy contracts that carry the rights to purchase or sell spot assets at a predetermined price upon their expiration. The difference between the actual price of the physical asset at the contract’s end, and the price that was included in the contract (strike price), determines how big of a profit (or how much of a loss) the user earned in the trade.

    Both call options – contracts that give owners the right, but not the obligation, to buy crypto at before agreed upon price – and put options – contracts that give owners the right, but not the obligation, to sell crypto at before agreed upon price – on Binance are European-style. This means that traders have to wait until the expiration date to exercise their options. However, European-style options can still be sold before their expiration in exchange for the net difference between the premiums earned and the initial cost of the call/put option. 

    As of October 2022, there are two types of crypto options on Binance when it comes to their underlying asset – Bitcoin options and Ethereum options. Each options market offers different expiration dates, with different contract sizes.

    Expiration dates for BTC options:

    • 7-day 
    • 14-day

    Expiration dates for ETH options:

    • 24-hour
    • 48-hour
    • 7-day
    • 14-day
    • 21-day
    • 35-day
    • 70-day

    Binance uses the so-called Black-Scholes option model to determine the value of options on the platform. Users can see the theoretical fair price of different BTC and ETH options right from the crypto options trading interface.

    How to trade options on Binance

    Here’s a brief overview of options trading on Binance. Keep in mind that you need to register an account on Binance before you can engage in options trading on the platform.

    Step 1: Open the Options platform

    After logging into your Binance account, select Options from the Derivatives dropdown menu.

    Open the Binance Options platform

    Step 2: Open the Options account

    If this is the first time opening the Options trading platform, you must agree to the terms and conditions and click on Open Options Account before proceeding.

    Open the Binance Options account

    Step 3: Select an option contract from the menu 

    To buy an option, you first need to fund your options account, transferring funds from the spot account to the options account. Select the expiration date you would like to use and the preferred strike price. In our example, we’re buying the Bitcoin call option with a 7-day expiration date.

    Select an option contract from the Binance Options menu

    Step 4: Buy an option 

    After selecting the option, you must enter the amount of funds you are willing to spend on it. The contract’s size is dependent on the expiration date and strike price of each contract. Click Buy to confirm your order.

    Buy a crypto option on Binance Options

    Step 5: Close the option before the expiration

    If, for any reason, you want to get rid of an options contract before its expiration, you can do so by clicking on the Close button, and enter the amount you wish to sell. You can sell your entire position, or just a part of it.

    Close the option before the expiration on Binance Options

    Step 6: Hold the option until expiration

    If you don’t sell your contract, the option will automatically be exercised at the time of expiration.

    Hold the option until expiration on Binance Options

    Binance Options trading fees

    Binance charges one of the lowest rates for options products in the market. However, it is still good to know what fees and how much can you expect to pay when using the service.

    Transaction Fee – 0.02%

    Every time you open or close a position on Binance Options, you will incur a transaction fee. The fee is calculated based on the underlying asset’s spot price at the time of the order completion. The transaction fee rate on Binance is 0.02%.

    Exercise Fee – 0.015%

    When the options product is exercised, a user incurs an exercise fee. The fee is calculated based on the settlement price at the time of the order completion. The going rate for the exercise fee on Binance is 0.015%.

    It is worth noting that both transaction and exercise fees are capped at 10% of the option’s market value.

    Binance Options promotion – 30% rebate for all traders, 30% commission for affiliates

    In celebration of the rollout of a revamped and streamlined Options trading platform, Binance launched an exclusive promotion that will see all Options traders earn 30% rebates of their Options trading fees. What’s more, an exclusive affiliate promotion will award all Binance Affiliates with a 30% commission on fees generated on Binance Options by their referrals. 

    The promotion started on October 3, at 4:00 UTC, and is slated to run until December 31, at 23:59 UTC

    It is worth noting that Daily Options (products with a 24-hour expiration date) won’t be eligible for the trading fee rebate, nor for the affiliate commission promotion

    Final thoughts

    A new and improved Binance Options platform allows crypto investors to tap into derivatives markets to generate returns with European-style contracts. Low fees and an intuitive trading interface make Binance Options one of the best choices for those looking to trade options.

    Moreover, the exclusive 30% trading fee rebate promotion makes the already sweet deal even sweeter – keep in mind that the promotion ends on December 31, so hurry up and make the most of it while you still have the chance.