Guides https://cryptonews.com/guides/ Mon, 11 Mar 2024 05:39:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.1 Best Ripple Casinos 2024 – Compare XRP Casino Sites https://cryptonews.com/guides/best-ripple-casinos.htm Wed, 28 Feb 2024 00:40:35 +0000 https://cryptonews.com/?post_type=guides&p=141509.htm The number of gambling sites accepting Ripple continues to grow. Some of the stand-out benefits of gambling with XRP include anonymity, near-instant payouts, and attractive welcome packages. This guide compares the best Ripple casinos, so read on to make an informed decision when picking a crypto gambling site in 2024. Best Ripple Casino Sites for 2024 […]

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The number of gambling sites accepting Ripple continues to grow. Some of the stand-out benefits of gambling with XRP include anonymity, near-instant payouts, and attractive welcome packages.

This guide compares the best Ripple casinos, so read on to make an informed decision when picking a crypto gambling site in 2024.

Best Ripple Casino Sites for 2024


  • All
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  • Telegram Casinos
30/10/23

200% Deposit Bonus Up To 10ETH

200% Deposit Bonus Up To 10ETH

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  • 25% cashback when staking TGC token
  • Token airdrops and NFTs for high rollers
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30/10/23

200% welcome bonus up to €25,000 + 50 Free Spins

200% welcome bonus up to €25,000 + 50 Free Spins

  • VIP welcome bonus, two deposit bonuses every Wednesday
  • Instant withdrawals with no limits, high max bets
  • Hundreds of free spins up for grabs on Game of the Week missions
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30/10/23

Earn up to $20,000 welcome bonus

Earn up to $20,000 welcome bonus

  • Play with 150+ cryptocurrencies, no minimum deposit
  • Over 8,000 games available + sportsbook
  • Daily promotions and rewards on the bonus wheel
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30/10/23

100% bonus up to 1 BTC + 10% weekly cashback

100% bonus up to 1 BTC + 10% weekly cashback

  • Anonymous casino with No KYC
  • Zero fees and instant deposits and withdrawals
  • VPN Friendly with 5,000+ games without limits
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30/10/23

400% Bonus up to $10,000 + 300 Free Spins

400% Bonus up to $10,000 + 300 Free Spins

  • Huge four-tier welcome bonus worth up to 10BTC
  • Tiny minimum deposit and no KYC
  • Daily bonus depending on your deposits
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100% Bonus & 50 Free Spins + 20% Weekly Cashback

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  • 10,000+ most popular slots with weekly free spins
  • No limits and instant deposits and withdrawals
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30/10/23

100% Welcome Bonus up to 1 BTC + Exclusive 50 Free Spins

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  • Free tickets for daily MetaLotto with every deposit
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100% Welcome bonus up to $1,500

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Top Ripple Casinos List


The sections below list around a dozen of the best Ripple online casino sites for 2024:

  1. Lucky Block – Overall best ripple casino in 2024
  2. Wall Street Memes Casino – Huge VIP bonus and $500 extra every Monday
  3. BC Game – Receive four deposit matches & weekly bonuses
  4. Betpanda.io – Zero fees and instant deposits and withdrawals
  5. Wild.io – Weekly bonuses for all players, including free spins
  6. Metaspins –100% up to 1 BTC + exclusive 50 Free Spins
  7. Inmerion – Instant withdrawals – no waiting time
  8. Betplay – 100% up to $1,500 new player bonus
  9. Vave – Top crypto casino with over 7k games to choose from
  10. Flush – 100% bonus up to $200 or 150% for $200-$1,000 deposits

Best XRP Casinos Reviewed


We will now review the 10 best Ripple casinos in a lot more detail. Read on to ensure the most suitable XRP casino site is selected.

1. Lucky Block – A Prime Candidate for the Overall Best Ripple Casino

  • Payout Time: 0 – 48 hours
  • Established: 2022
  • License: Curacao
  • Website: luckyblock.com

Lucky Block casino

Lucky Block is also one of our top Ripple casinos that we recommend. It’s home to every casino game imaginable, and you can play anonymously. This is because Lucky Block doesn’t have a KYC process when payments are made in crypto.

Furthermore, Lucky Block supports many altcoins, including XRP. Payments are credited in a matter of seconds, which means you’ll be gambling in no time. The payment process is very simple and automatically verified by blockchain technology.

In terms of gaming options, Lucky Block offers hundreds of casino classics. They include roulette, craps, baccarat, poker, and blackjack. There are also multiple variations of each game powered by high-end software providers. Players will also discover game shows, such as Monopoly and Dream Catcher.

The Lucky Block online casino also caters to fans of slot games. There are thousands to choose from, and each one offers you the chance to win a massive payout. Furthermore, you can explore sections dedicated to Plinko gambling, crash games, and jackpot titles.

Lucky Block welcome bonus: 

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
Lucky Block 200% up to $25,000 N/A $20 For every 6x wagered, 10% of the bonus awarded 14 days
Advantages:
  • Plinko & crash games
  • Powered by high-end developers
  • Live & RNG table games
  • Regulated by Curacao eGaming
Disadvantages:
  • Need VPN because of geo-restrictions

2. BC Game – Receive Four Deposit Matches & Weekly Bonuses  

  • Payout Time: 0 – 24 hours
  • Established: 2017
  • License: Curacao
  • Website: bc.game

BC.Game

BC Game is also among the best XRP casinos we recommend. It takes only a few minutes for you to sign up and enjoy your favorite games. In doing so, you can also purchase the in-game token backing BC Game known as BCD.

Firstly, the casino will match your first four deposits. Deposits one and two are matched by 180% and 240%, while the next two deposits are matched by 300% and 360%, respectively. The deposit bonus is also paid in BC Dollars.

Keep in mind that BC Dollars don’t trade on crypto exchanges. However, you can swap them out for other cryptocurrencies on the BC Game website.

We also like that BC.Game offers weekly promotions to keep players engaged. The casino runs tournaments that connect you to larger jackpot networks. For example, there is a $1 million prize pot available to anyone playing slot games from Pragmatic Play.

Some of the most popular games supported by BC Game include roulette, blackjack, keno, baccarat, and slots. There are also BC.Game originals, which are titles that aren’t available elsewhere.

BC Game welcome bonus: 

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
BC Game 180% up to 20,000 BCD N/A $10 60x None
Advantages:
  • Four different deposit matches
  • Secure & trusted crypto casino
  • Offers provably fair original games
  • Lucrative VIP rewards program
Disadvantages:
  • Doesn’t offer crash games

3. Betpanda.io – Thousands of Casino Games & Instant Withdrawals 

  • Payout Time: 0 – 24 hours
  • Established: 2023
  • License: Costa Rica
  • Website: betpanda.io

Betpanda casino

Betpanda is a Ripple casino that’s home to a huge range of games. They include thousands of slots, with bonus buys and progressive jackpots. Some of the most popular slots are available, including Cobra Reborn, Bounty Hunters, and Book of Shadows.

In addition to slot games, Betpanda also appeals to fans of blackjack and roulette. The casino offers many variations of these classic games along with live dealer tables. You can play baccarat, craps, and game shows online with other people online.

We also guarantee that Betpanda offers provably fair casino games. The casino supports over 5,5000 titles, ranging from keno to bingo to crash games. Furthermore, you can play the demo mode before you risk any of your own money. This allows you to try a game out before risking any XRP tokens.

There is a small minimum deposit of $1 to begin betting. However, to qualify for the Betpanda welcome package, you need at least a $5 deposit. In doing so, the deposit will be matched 100% by Betpanda up to 1 BTC (XRP equivalent).

Betpanda welcome bonus: 

Casino Welcome Bonus Promo Code Minimum Deposit Wager requirement Expiration date
Betpanda 100% up to 1 BTC N/A $5 50x 14 days
Advantages:
  • Casino games & live dealer tables
  • Fully optimized for mobile browsers
  • Upgraded interface that’s easy to navigate
  • Deposits & withdrawals are lightning fast
Disadvantages:
  • 14 days to meet the rollover (50x)

4. Wild.io – Weekly Bonuses for All Players – Including Free Spins 

  • Payout Time: 0 – 24 hours
  • Established: 2022
  • License: Curacao
  • Website: wild.io

Wild.io casino

Next up is Wild.io — a popular crypto casino accepting XRP, Bitcoin, Ethereum, and many other altcoins. Wild.io offers many bonuses to both new and active players. Starting with the welcome package, there are three available deposit bonuses. Each deposit will match up to 120%, 110%, and 120%, respectively.

Keep in mind that the welcome bonus comes with a 40x rollover. Also, you have seven days to complete the bonus, which isn’t a lot of time. However, Wild.io will allow you to use the bonus to play your favorite slot titles.

After you claim the welcome package, there are other promotions for the taking. In fact, Wild.io offers a 20% weekly cashback for active players. Furthermore, the casino holds tournaments throughout the year with prize pools worth up to $500,000!

In addition to offering generous bonuses, Wild.io also has an impressive selection of table games. There are over 250 variations of blackjack alone, not to mention 80 roulette titles. You can also play the live dealer version of each game, which is very immersive.

Wild.io welcome bonus: 

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
Wild.io 120% up to $1,200 N/A $20 40x 7 days
Advantages:
  • Over 5,000 unique games
  • Fast & convenient payments
  • Supports over 10 different cryptos
  • Games are provably fair
Disadvantages:
  • Live support could be better

5. Vave – Top-Rated Crypto Casino with Over 7k Games to Choose From

  • Payout Time: 0 – 72 hours
  • Established: 2022
  • License: Curacao
  • Website: vave.casino

Vave casino

Vave is another online gambling site perfect for XRP gambling. We strongly recommend it whether you are a existing casino player or a new player. The casino contains over 7,500 games ranging from online Bitcoin slots to live blackjack tables. Many live game shows are also available, such as Treasure Island and Funky Wheel.

The VIP program at Vave is also pretty impressive. Players are rewarded with bonuses, free spins, and exclusive prizes for their loyalty. There’s also the chance that you could snag a grand prize worth 100,000 USDT!

Finally, we also have to mention that Vave is powered by several industry-leading software companies. Evolution, NetEnt, and many more providers contribute to the gaming selection. This ensures that you’ll enjoy a fun and entertaining experience.

Vave welcome bonus: 

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
Vave 100% cashback up to 1 BTC N/A 0.0001 BTC 40x 14 days
Advantages:
  • Excellent VIP rewards for loyal players
  • Partnered with NetEnt & Evolution
  • Catalog of over 7,500 gaming titles
  • No limits when withdrawing with crypto
Disadvantages:
  • Website is tricky to navigate

How We Select the Best Ripple Casinos


Players will need to ensure they select the best Ripple casino site for their requirements. Important considerations to make include minimum deposits, bonuses, ongoing rewards, customer support, and payout times.

Below, we discuss what metrics to consider when researching the best Ripple casinos.

Secure Ripple Payments

We only consider Ripple casinos that provide a secure payment system. For example, Lucky Block, Mega Dice, and BC.Game accept wallet-to-wallet payments.

Here’s how it works:

  • The player logs into their account and selects XRP from the deposit options
  • The casino will display the unique XRP wallet address for the player to transfer the funds
  • The player transfers XRP from their private wallet

As per the above, the player is never required to enter any sensitive data. This ensures that XRP payments remain safe.

Fast Deposits and Withdrawals

Payment speeds should also be considered when selecting a Ripple casino.

As one of the fastest cryptocurrencies, the best Ripple casinos process payments near-instantly. We found that Lucky Block rarely takes more than 60 seconds to credit a Ripple deposit. This is because the casino automatically credits the account, once confirmed by the Ripple blockchain. Thus, you can access XRP gambling instantaneously.

Online casino crypto wallet

Players should also check the casino’s terms and conditions regarding withdrawal times. Lucky Block, for example, approves withdrawals immediately. But Wazamba can take up to three days. Once released, the winnings will be transferred to the player’s private wallet.

Ripple Casino Bonuses & Promos

Players should also consider what bonuses and promotions are offered by the chosen Ripple online casino.

Matched deposit bonuses are offered by most Ripple casinos, but there is often a huge disparity in terms and conditions. For example, Mega Dice offers a simple wagering requirement of 40x.

In contrast, Betplay has a much higher wagering requirement of 80x. While Wazamba has a wagering requirement of 35x, this is on both the deposit and bonus funds. As such, this doubles the wagering target to 70x.

The best Ripple casinos offer ongoing promotions for regular players. This might include a VIP program, cashback, rakeback, free spins, and deposit reloads.

Wide Range of Games

Another metric to explore is the type of games offered by the Ripple casino. We like platforms that offer a huge variety of Ripple casino games. For example, Lucky Block offers thousands of slots, while Mega Dice is home to hundreds of table games.

Lucky Block casino game variety

The best Ripple online casinos also support blockchain-based games that are backed by provably fair. BC.Game, for example, has dozens of exclusive blockchain games that were developed in-house.

In addition, many Ripple casinos double up as a sportsbook. This should offer competitive odds on traditional sports, as well as horse racing and esports.

Account Minimums and Payout Limits

Most Ripple casinos have a minimum deposit in place. This is often just a few dollars – sometimes less. For example, Lucky Block has a minimum deposit requirement of just 0.001 XRP. Based on XRP prices today, that’s just a small fraction of a cent.

Players should also check the minimum deposit when claiming a bonus. This is almost always higher than the standard account minimum. For example, players need to deposit at least $40 worth of XRP to claim the Betfury bonus.

Casinos that accept Ripple usually have betting limits in place. As such, high rollers should look for casinos offering VIP tables. Most importantly, check if the Ripple casino has a maximum daily withdrawal limit. If it does, then large withdrawals need to be split across days.

Casino Games You Can Play With Ripple


Top XRP casinos tend to have most of the typical casino games in their libraries. These include:

  1. Slots: This is one casino game you’ll find for sure at any XRP casino. There are often slots with various themes and gameplay styles on offer.
  2. Table Games: Online gambling classics like blackjack, roulette, baccarat, and craps are sure to make an appearance at any Ripple online casino, usually with different variations of each one.
  3. Poker: Many XRP online casinos offer poker games, including Texas Hold’em, Omaha, and others.
  4. Live Dealer Games: Some online casinos with Ripple offer live casino games like blackjack, roulette, and baccarat, where you can interact with a real dealer via live video streaming.
  5. Sports Betting: Along with casino games, many online platforms that accept Ripple offer sports betting options. Here, you can wager on various sports events using XRP or other cryptocurrencies as a payment method.

Are Ripple Casinos Safe & Legal?


Safety is the most important metric to consider when exploring XRP gambling. We found that the best Ripple casinos hold are regulated. Lucky Block, Mega Dice, BC.Game, Wild.io, and many others are licensed by the Governor of Curaçao.

While Curaçao E-Gaming licenses do not offer the same protections as other gambling bodies, they are ideal for crypto-centric casinos. This is because Curaçao licenses allow Ripple casinos to operate globally.

Gaming license certificate

Moreover, Ripple casinos can offer anonymous accounts when players deposit crypto. This luxury isn’t available when gambling with traditional money. That said, some nationalities might find that their IP address is blocked – even when using a Ripple casino.

This is often the case for players based in the UK and the US, which have very strict and unique gambling laws. For example, the UK Gambling Commission states that licensees must still implement conventional KYC processes – even if players deposit crypto.

Players should also remember that not all Ripple casinos are legitimate. Some have unfavorable terms and conditions that are not clearly highlighted. For example, challenging wagering terms on bonuses or low withdrawal limits. Players are reminded to always read the terms and conditions before choosing a Ripple casino.

Conclusion: The Best Ripple Casino Site


We have ranked the best Ripple casino sites for 2024. And overall – we found that Lucky Block is a clear winner. Lucky Block does not ask for any personal information from its players and creating an account only takes a few minutes.

More importantly, the Lucky Block casino supports thousands of games, from slots and roulette to video poker, is provably fair, and offers live dealer casino games. First-time players joining today can receive a welcome bonus up to $25,000.

Ripple Casino Reviews FAQs

Can you gamble with Ripple?

Yes – many online casinos accept Ripple deposits and withdrawals – meaning fast, anonymous, and cheap payments.

What casinos accept XRP?

The safety casinos accepting XRP include Lucky Block, Mega Dice, and BC.Game.

What is the best Ripple casino site?

After reviewing dozens of platforms, Mega Dice came out as the best Ripple casino. New players gambling with XRP will receive a 200% deposit bonus and accounts can be opened anonymously.

References

The post Best Ripple Casinos 2024 – Compare XRP Casino Sites appeared first on Cryptonews.

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15 Best Offshore Casinos in March 2024 https://cryptonews.com/guides/best-offshore-casinos.htm Tue, 27 Feb 2024 09:30:00 +0000 https://cryptonews.com/?p=122641 Offshore casinos are casinos that are based outside of the player’s home country. If, for example, you’re in the US playing online slots at a casino based in Curacao, you are using an offshore casino. In this guide, we compare the best offshore casinos for 2024.  All 200% Instant Bonus Up To 10ETH 30/10/23 200% […]

The post 15 Best Offshore Casinos in March 2024 appeared first on Cryptonews.

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Offshore casinos are casinos that are based outside of the player’s home country. If, for example, you’re in the US playing online slots at a casino based in Curacao, you are using an offshore casino. In this guide, we compare the best offshore casinos for 2024

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List of the Best Offshore Casino Sites

We reviewed the leading offshore gambling sites for licensing, security, bonuses, payments, customer service, and much more – and we’ll kick things off with our list of the top offshore gambling sites. Let’s start with an overview of the best offshore casino sites in the market right now:

  1. Wild.io – 120% welcome bonus up to $1,000
  2. Bovada – 100% welcome bonus up to $3,750
  3. Las Atlantis – $2,800 in bonuses
  4. TG Casino – 200% deposit bonus up to 10 ETH
  5. BetUS – 150% bonus up to $3,000
  6. Drake – 300% bonus up to $6,000
  7. Black Lotus – 200% bonus to $7,000 + 30 free spins
  8. BetOnline – 100% casino welcome bonus
  9. Everygame – up to a $5,555 welcome bonus
  10. Ignition – $3,000 casino welcome bonus
  11. Raging Bull Slots – 250% bonus + 50 free spins
  12. Royal Oak – 100% bonus up to $1,000
  13. Lucky Block –200% bonus for first-time players, capped at $10,000
  14. Wall Street Memes – 200% up to $25,000 welcome bonus + 200 free spins
  15. Mega Dice – 200% deposit bonus of up to 1 BTC

All of the offshore online casinos listed above have one metric in common; they all hold at least one gambling license. Read on to discover more about each offshore online casino. 

Reviewing the Top Offshore Online Casinos

When choosing the best offshore casino, players should also explore bonuses, payout times, and customer service, as well as regulation and safety. In the reviews to follow, we cover all of these metrics and more. 

1. Wild.io – 120% Welcome Bonus Up to $1,000

  • Payout Time: 0 – 24 hours
  • Established: 2022
  • License: Curacao
  • Website: wild.io

Wild.io casino

Wild.io welcome bonus: 

Leading off our list of the 5 best offshore online casinos is Wild.io. Wild.io was first established in 2022, so it is relatively new compared to other offshore online casinos. However, it does not disappoint, particularly from a gaming selection standpoint. You will find thousands of casino games from top gaming providers. Additionally, the layout is very easy to understand, payouts are quick, and there are plenty of helpful resources and customer support agents.

The standout feature at the casino is the online slot selection. You will find 4,000+ online slot titles. Next, is the wide variety of live dealer casino games, which include classics such as blackjack and roulette. There are also tournament games, challenges, and even a VIP club for casino players who wish to make Wild.io their go-to casino of choice. Simply put. Wild.io combines some of the best features of many offshore casinos into one casino site. 

Furthermore, there are a ton of helpful articles and FAQ links that are accessible via the live chat function. And, there are live agents as well. The customer service department as a whole is the very best among its offshore casino competitors. As mentioned, there are VIP rewards but there is also a reasonable welcome bonus offer for new players. It has a somewhat high rollover but the casino makes up for it with its ongoing promotions. All in all, Wild.io has a ton to offer and is perfect for just about any type of casino game player.   

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
Wild.io 120% welcome bonus up to $1,000 N/A $20 40x 7 days

Advantages:

  • 4,000+ online slots
  • Fast crypto banking methods
  • Competitive welcome bonus
  • Robust live dealer game selection 

Disadvantages:

  • Limited poker game offering

2. Bovada – 100% Welcome Bonus Up to $3,750

  • Payout Time: 0 – 48 hours
  • Established: 2011
  • License: Curacao
  • Website: bovada.lv

Bovada casino homepage

A list of the best offshore online casinos would not be complete without Bovada. Bovada has been a mainstay in the online betting space since 2011. Since then, the casino has developed into a top option for offshore casino players. This is because of its diverse gaming variety, rewarding bonuses, and easy-to-use interface. 

At the Bovada casino you will find classic gaming options such as blackjack, roulette, baccarat, and other casino table games. Furthermore, there is an extensive list of online slots and hot drop jackpots. New games are released quite frequently. One of the best parts about the casino at Bovada is its large live dealer game selection. Here, you will find 40 live dealer games, which include blackjack and roulette. 

Moreover, the casino at Bovada features a poker section. There are weekly poker tournaments and plenty of poker games running daily – including Texas Hold’em, Omaha Hi-Lo, and others. 

In summary, Bovada is one of the best offshore online casino sites and it has been one of the best for decades. In addition to the great casino games, you will have access to bonuses and promotions, including their deposit match welcome bonus.  

Bovada welcome bonus: 

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
Bovada  100% up to $3,750 CAWELCOME100 $20 25x 6 months

Advantages:

  • Regular poker tournaments
  • Low rollover for their welcome bonus
  • Generous promos for existing customers
  • 40 live dealer tables  

Disadvantages:

  • Certain payouts can take 2 days

 

3. Las Atlantis – $2,800 In Bonuses 

  • Payout Time: 1 – 3 days
  • Established: 2020 
  • License: Curacao
  • Website: lasatlantis.com

Las Atlantis casino

Third on our top 5 best offshore casino list is Las Atlantis. This casino is a slot player’s dream as it features hundreds of online slot titles from top gaming providers. In fact, there are over 600 casino games to choose from at Las Atlantis. Rest assured, it has a license and has been around since 2020, consistently making an appearance on our list of safe online casinos

The banking methods are Las Atlantis are quite diverse but we recommend that you opt to use Bitcoin, Ethereum, or other cryptos as the processing times are quick and there are fewer fees relative to fiat-based transactions. The minimum deposit in most cases is only $10. 

When it comes to casino games at the casino there are slots of course, along with table game options including blackjack, baccarat, and roulette. Also, you will find video poker varieties at the casino. 

One of the best features at the casino is its welcome bonus, which offers you up to $2,800 in initial bonuses. The rollover is only 35x, which is not too high compared to other offshore online casinos. Overall, we highly recommend considering Las Atlantis as your online casino of choice. 

Las Atlantis welcome bonus: 

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
Las Atlantis $2,800 in bonuses Visit website $10 35x None

Advantages:

  • Large bonus amount for new players
  • Manageable rollover
  • Multiple cryptocurrencies offered 
  • Excellent customer support 

Disadvantages:

  • Processing fees for credit cards

 

 

4. TG Casino – 200% Deposit Bonus Up To 10 ETH

  • Payout Time: 0 – 24 hours
  • Established: 2023
  • License: Curacao
  • Website: tg.casino

TG Casino best decentralized gambling site

Another top online casino is TG Casino. TG Casino first burst onto the gaming scene in 2023 and has quickly emerged as one of the best casinos available. This is in large part due to its online slot game selection, live dealer table games, unique cryptocurrency/token, and quick payouts. It is worth noting that the casino requires $TGC Token but you can use other banking methods to acquire this token to play. 

TG Casino is considered a Telegram casino, which means you must download the Telegram app to access the casino. Once you create an account, navigating the site is rather simple. 

As mentioned, banking at TG Casino is somewhat unique relative to other top offshore casinos. You must fund your account using $TGC Token. The best way to do so is by buying it with Bitcoin or other cryptocurrencies. The benefit of this is payouts at TG Casino are oftentimes very quick – within minutes or up to 1 day max in most cases. 

When it comes to online casinos where you can win real cash, TG Casino tops our list. With a collection of over 300 games including slots, live dealer tables, and specialty options, there’s something for every player. Plus, TG Casino, which launched in 2023 and holds a Curacao gambling license, ensures a safe and regulated gaming environment.

Additionally, TG Casino offers a generous 200% crypto casino bonus to new players. This bonus covers deposits up to 10 ETH, and you don’t even need a promo code to activate it. With a low minimum deposit requirement of just 0.0001 BTC, getting started at the casino won’t break the bank and as outlined here it is simpler than it may seem at first. 

TG Casino welcome bonus: 

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
TG Casino 200% deposit bonus up to 10 ETH Visit website 0.0001 BTC 40x 14 days

Advantages:

  • Lucrative welcome bonus 
  • Quick payouts
  • Unique Telegram integration 
  • Easily accessible via mobile devices

Disadvantages:

  • Does not support credit card deposits

 

5. BetUS – 150% Bonus Up To $3,000

  • Payout Time: 0 – 2 days
  • Established: 1994
  • License: Mwali, Comoros Union
  • Website: betus.com

BetUS casino

Last on our list of the best offshore casinos is BetUS. BetUS has a longstanding history within iGaming as it was first established in 1994. Since then, the casino brand has made a name for itself among the very best offshore casinos. This is because it has a comprehensive gaming offering, excellent customer support, and rewards both new and existing players. 

When it comes to gaming at BetUS you will find games from top gaming providers such as BetSoft and Nucleus – both among the best-in-class for game development. Additionally, there are several options. Casino games range from traditional table games, online slots, video poker, tournaments, and live dealer casino games. 

Additionally, there are great betting limits at the casino that allow for full flexibility. For instance, if you want to join a $100 (minimum) table at the live dealer casino, you can do so. Or, you can bet smaller at other tables. Some of the table maxes go up to $10,000. 

Payment options are aplenty as they offer crypto and traditional fiat methods such as credit card and debit cards. And new players can access a competitive welcome bonus – 150% deposit match up to $3,000. This bonus carries a 30x rollover, which is fairly standard relative to other top offshore casino sites. 

Overall, BetUS provides an excellent online gaming experience with its wide range of games, flexible betting options, and generous bonuses. 

BetUS welcome bonus: 

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
BetUS 150% bonus up to $3,000 CAS150 $50 30x 7 days

Advantages:

  • Large live dealer table max
  • Works with top gaming providers
  • Competitive welcome bonus
  • Tons of banking options

Disadvantages:

  • RNG table game selection could use improvement 

 

What is an Offshore Casino?

When you’re using an online gambling site based outside of your home country, this is defined as an ‘offshore’ casino. Offshore casinos are typically licensed in legally lenient countries, and accept players from most countries, appealing to players that do not have access to local casino sites. 

Players might choose an offshore casino because the quality and service of domestic casino sites are sub-par, or because locally-regulated online casinos are too restrictive. Some players use offshore online casinos to obtain certain perks, such as enhanced bonuses or more competitive odds. Offshore casinos are also suitable for players who want to gamble anonymously, especially when players are making deposits through crypto. When using traditional payment methods, such as bank wires, trustworthy offshore casinos should initiate a KYC process. If you prefer sports, there are also offshore sports betting sites you can choose from.

Crucially, not all offshore casinos are legitimate. While platforms like Mega Dice and Lucky Block are regulated and safe, unlicensed offshore providers should be avoided. The offshore online casinos listed on this page have all been stringently tested and found to be high performers in their respective field.

How We Chose the Best Offshore Casinos

While there is often a negative spin on offshore casinos, most operate based on solid business principles. We reviewed the best offshore casinos on several key factors including their licensing and regulation, games provided, welcome bonuses on offer, and wagering requirements to achieve those bonuses. While all factors are outlined in detail below, it is also important that players do their own independent research before signing up to any overseas casino online.

Safety and Licensing

The best offshore casinos are regulated and legitimate providers. But players should still check the licensing status of the casino before proceeding. Regulated offshore casinos like Mega Dice and Lucky Block – which are both licensed in Curacao – display their licensing details at the bottom of their homepage. 

Software Providers

Just as important is the type of software providers that supply games to the offshore casino. We only included the best offshore casinos, that naturally use regulated and reputable software developers. Examples include Pragmatic Play, Microgaming, Quickspin, and Hacksaw. This ensures that players are gambling in fair and random conditions. 

Supported Games

Players should also consider what casino games they want to play. We found that the best offshore online casinos support table games, slots, live dealer games, and sports betting. Provably fair games are also worth exploring. 

Customer Support

Offshore casinos deal with players from all over the world, so 24/7 customer support should be expected. This is usually offered through live chat. This prevents the need for players to spend money calling a casino located thousands of miles away. 

Welcome Package and Ongoing Bonuses

The welcome package is also important when assessing the best offshore casino online. We like matched deposit bonuses with fair terms and conditions. Mega Dice and Lucky Block both offer a 200% deposit bonus to new players. We also like when offshore casinos offer ongoing bonuses for existing players, such as deposit reloads. Wagering requirements should be reasonable to achieve within the set timeframe.

Payment Methods and Terms

We also explore what payment methods are accepted by offshore online gambling sites. This often ranges from debit or credit card casinos to casinos that accept e-wallet payments and cryptocurrencies. Moreover, we check minimum deposit requirements, payout limits, and withdrawal times.

How Do Offshore Casinos Work?

Offshore casinos are usually located in countries that have favorable gambling laws. This is often in the Central American region, such as Curaçao, Panama, and the Cayman Islands. In turn, this enables offshore casinos to accept players from all over the world – although some offshore casino sites still have geographical restrictions and are blocked in some territories. 

After choosing a suitable provider, players will need to open an account. Some of the best offshore gambling sites, such as Mega Dice, only require an email address, username, and password. Other offshore casinos like Flush.com offer you the option of signing up through social accounts like Facebook or Google.

table games selection

After the account is opened, players can deposit some funds. The best offshore casinos accept debit/credit cards, e-wallets, bank wires, and cryptocurrencies. Depositing cryptocurrencies like Bitcoin and Ethereum is often the best option for players who want to avoid a KYC process and have their withdrawals processed instantly. 

Once the account is funded, players can begin gambling. Most offshore casinos support slots, blackjack, video poker, roulette, and other popular gambling games. These are usually provided by reputable software providers, such as Evolution, Pragmatic Play, and Microgaming. This ensures that each gambling game is fair and random.

Offshore casinos allow players to request a withdrawal at any time. If gambling with fiat money, withdrawals must be sent to the same payment that was used to deposit. This ensures that the offshore casino complies with anti-money regulations. Cryptocurrency payouts can be sent to any wallet address, providing lots of flexibility for players. 

Are Offshore Casinos Safe?

The simple answer is yes – the vast majority of offshore casinos offer a safe gambling experience. This industry is largely based on trust and reputation, so offshore casinos must provide a satisfactory service to players. This means fair gambling conditions, transparent fees, and reasonable payout speeds. 

However, it is important to remember that not all offshore casinos are legitimate. Just like any other industry, a small segment of offshore providers do not operate credible businesses. We found that the best offshore casinos are regulated. Many leading providers, such as Mega Dice, Lucky Block, BC.Game, and Metaspins, are licensed by the Governor of Curaçao. 

Strict guidelines must be met by Curaçao-regulated casinos, ensuring that players can gamble safely and fairly. After all, the Curaçao Gaming Control Board supervises its domestic casino sites, as it has done since 1999. 

Are Offshore Casinos Legal?

This is a tricky question to answer, since the legality of offshore casinos varies significantly depending on the jurisdiction. Offshore casinos operate from countries with different regulations and licensing procedures than the player’s home country – but the bottom line is that they are legal where they are licensed. However, even if an offshore casino is legal in the jurisdiction where it operates, players may still be subject to their local laws. 

mega dice regulated offshore casino

Players should know that the legality of participating in offshore casinos can be a complex and evolving matter. Some countries explicitly prohibit their residents from engaging in online gambling, while others may have more permissive regulations.

For example, UK players are allowed to play at offshore casinos – online casinos that are not licensed by the UK Gambling Commission (UKGC), while players in Germany are only allowed to participate in online casino games offered by operators licensed by the “Glücksspielbehörde” or the “Gambling Authority” in English.

However, individuals need to research and understand the gambling laws in their specific location to determine the legality of participating in offshore casinos.

Are Offshore Casinos Fair?

The vast majority of offshore casinos have no interest in scamming their customers and offer a fair and safe gambling experience. This will be the case when using a regulated offshore provider like Mega Dice. For example, Mega Dice has an automated payment system, so deposits and withdrawals are processed instantly. This means players do not need to wait for payments to be approved manually by the casino. 

Regulated offshore casinos offer games from licensed software providers, including the likes of NetEnt, Novomatic, Pragmatic Play, Hacksaw, Push Gaming, and Microgaming. All of these software providers must use regulated testing houses when launching a new game. Put simply, this tests that the casino game is fair and random. 

However, we also came across offshore casinos that use unlicensed software providers. These providers do not have their games audited by regulated third parties, which means that games are not tested for fairness before they are launched. Ultimately, the best practice is to stick with regulated offshore casinos that offer games from regulated and reputable software providers. 

What Games Can You Play at Offshore Casinos?

In most cases, the best offshore casino sites offer the following games:

Table Games

All offshore providers supply table games, considering that this is the most popular casino product. At a minimum, this will include blackjack, roulette, baccarat, and video poker. To ensure players stay entertained, offshore casinos usually offer different variations of each table game. For instance, roulette can often be played with either European or American rules.  

Live Dealers

Offshore casinos also offer live dealers. This means that players are connected with a human dealer in real time. For instance, suppose a player opts for live roulette. After placing their bets on-screen, the dealer will spin the roulette wheel – which is recorded live and shown to players. This offers an immersive offshore casino experience. 

Slots

The best offshore casinos also offer a comprehensive library of slot games. This often includes bonus buys, Mega ways, and classics. Some slots connect to progressive jackpot networks, offering 7-figure payouts. It’s best to stick with slots with a high return-to-player (RTP). This reduces the house edge and increases the payout frequency.  

Provably Fair

Provably fair games are relatively new in the offshore casino space. These are casino games backed by blockchain technology – ensuring transparency and fairness. Some of the most popular provably fair games include Aviator, Plinko, keno, dice, and mines. 

Sports Betting

Some offshore casinos double as a sportsbook. Mega Dice, for example, offers competitive odds on American football, tennis, cricket, baseball, ice hockey, and many other sports. It also offers in-play betting, allowing players to gamble on sporting events that are still in progress. 

Offshore Casino Bonuses & Promotions

We found that the best offshore casinos offer lucrative bonuses when opening an account for the first time. This includes the following:

Matched Deposit Bonuses  

The matched deposit bonus is simple; the offshore casino will match the initial deposit made by the player. Each matched deposit bonus will come with a percentage amount and a limit. 

  • For example, Mega Dice matches the first deposit by 200%, up to 1 BTC. 
  • Lucky Block also matches the initial payment by 200%, but up to €10,000. 

Players will need to wager the bonus a minimum number of times before they can withdraw the funds. This prevents players from claiming a bonus just to cash it straight out. For instance, the Mega Dice matched deposit bonus comes with 40x wagering requirements. This means that $40 needs to be wagered for every $1 received in bonus funds.

Players should also check the terms and conditions to see what games the bonus funds can be used on. Slots usually contribute 100% to the bonus target. Live dealer games often contribute just 10% – sometimes less. This will make the wagering requirements even more difficult to meet. 

Free Spins  

Some offshore casinos offer slot-related bonuses, known as ‘free spins’. The player can use the free spins on selected slot games without using their own balance. 

After using the free spins, winnings will need to be wagered. Once the wagering requirements have been met, players can withdraw their winnings. Mega Dice offers 50 free spins to new players who deposit €20 or more. The free spins can be used on Wanted Dead or a Wild and come with wagering requirements of 40x.

When claiming a free spins bonus, check the value of each spin. For example, suppose each spin is worth $2. If a free spin lands a multiplier of 50x, the player wins $100. But if the free spin is worth just $0.25, the 50x win is reduced to $12.50. 

No Deposit Bonuses  

Looking for an offshore casino no deposit bonus? The best option that we came across is BC.Game’s ‘Lucky Wheel’ promotion. 

lucky wheel promotion

After opening an account with BC.Game – which doesn’t require any personal information – players can spin the Lucky Wheel to win up to 5 BTC. In addition, BC.Game also offers a 180% matched deposit bonus of up to $20,000.  

VIP Club  

Some of the best offshore casino bonuses are offered to players who already have an account. These bonuses are often found in the VIP club, which rewards long-term players. Examples include:

  • Daily or weekly deposit reload bonuses
  • Free spins
  • Cashback and rakeback 
  • Cash prizes

Moreover, VIP clubs also offer other perks, such as priority withdrawals and a personal account manager. There is rarely a need to apply – players are automatically enrolled.  

Best Offshore Casino Bonuses 2024

The table below highlights the best offshore casino bonuses for 2024, alongside their wagering requirements and promo code. 

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
TG Casino 200% up to 10 ETH N/A 0.0001 BTC 40x 14 days
Wild.io 120% up to $1,000 N/A $20 40x 7 days
Bovada 100% up to $3,000 CAWELCOME100 $20 25x 6 months
Drake Casino 300% up to $6,000 N/A $25 60x 30 days
Royal Oak Casino 100% bonus up to $1,000 N/A $25 45x 45 days
Ignition $3,000 casino welcome bonus N/A $20 25x 7 days
Everygame $5,555 in Bonuses SIGNUP100 $20 30x 30 days
Las Atlantis $2,800 in bonuses Visit website $10 35x None
BetOnline 100% casino welcome bonus BETCASINO $25 40x 7 days
BetUS 150% up to $3,000 CAS150 $50 30x 7 days
Raging Bull 250% deposit match MIGHTY250 $30 30x None
Black Lotus 200% up to $7,000 + 30 free spins BLACK100 $20 60x 7 days
Lucky Block 200% up to $10,000 N/A $20 For every 6x wagered, 10% of the bonus awarded 14 days
Mega Dice 200% up to 1 BTC N/A $20 40x 14 days
Wall Street Memes 200% up to $25,000 N/A $30 For every 6x wagered, 10% of the bonus awarded 14 days

Payment & Withdrawal Options at Offshore Casinos

Players should assess what payment method they wish to use before choosing an offshore casino. After all, deposits and withdrawals form an integral part of the online gambling experience. 

Traditional Payment Methods

Most offshore casinos support traditional payment methods. This enables players to deposit funds in their domestic currency, such as euros or pounds. Debit/credit cards issued by Visa and MasterCard are usually accepted. Some Amex casinos also accept other cards, such as Discovery. 

offshore casino payment methods

However, it is crucial to check what fees apply when using a debit/credit card. This is also the case with e-wallets. For example, 7bit Casino charges 2.5% on debit/credit cards, Skrill, and Neteller.  Withdrawal fees should also be considered. For instance, 7bit Casino charges 2.5% on bank wire payouts.

It is important to note that initiating a chargeback on casino losses is illegal. Chargebacks should only be used if an unauthorized payment was taken by the offshore casino. 

Cryptocurrency Payments 

A much better alternative when funding an offshore casino account is cryptocurrencies. Many offshore gambling sites offer fee-free cryptocurrency deposits and withdrawals. In addition to Bitcoin and Ethereum, they support some of the fastest-growing cryptocurrencies, like Dogecoin, BNB, and Cardano. 

Many offshore casinos offer KYC-free accounts when gambling with cryptocurrencies, as well as instant payouts. We also found that cryptocurrency payments come with lower minimums. For example, the minimum Bitcoin deposit at Lucky Block is just 0.0001 BTC, or about $3. 

Offshore Casino Software Providers

We mentioned earlier that offshore casinos use third-party software providers when building their gaming suites. So it’s important to check the reputation of each provider before proceeding. To offer some insight, Mega Dice, one of the best VPN-friendly casinos, has partnerships with over 50 reputable software providers. This includes NetEnt, Hacksaw, Fantasma, Fugaso, Mascot Gaming, Evolution, Playson, Kalamba, and Pragmatic Play. 

Most of these providers are regulated by tier-one gambling bodies like the Gambling Commission and Malta Gaming Authority. This means gaming outcomes are fair and random. Plus, licensed software developers have their games audited – before and after they are launched.

New Offshore Casinos – What to Look For

New offshore casinos need to stand out in the market – so they often go above and beyond to attract players. This begins with the welcome package. New online offshore casinos will offer huge bonuses to new players, often as a matched deposit with free spins. 

For example, Mega Dice is one of the best new offshore casinos. It offers a 200% deposit bonus and 50 crypto free spins to first-time customers. However, while reputable market entrants like Mega Dice are regulated, many aren’t. We strongly suggest that players avoid unregulated offshore casinos – irrespective of whether they are new or established. 

How to Play at an Offshore Casino

In this section, we explain how to gamble online at an offshore casino. We guide beginners through the registration and deposit processes step-by-step. We also explain how to gamble and withdraw funds from an offshore provider. 

Step 1: Open an Account

mega dice welcome bonus

The first step is to open an account with the chosen offshore casino, either through its website or by downloading dedicated casino apps. We’ll use Mega Dice in this example, as this is one of the best regulated offshore casinos in the market. 

  • Visit the Mega Dice website to begin the registration process. 
  • Click ‘Sign Up’ and type in an email address, username, and password.  
  • Read and agree to the terms and conditions, before clicking on ‘Sign Up & Play’.
  • The Mega Dice account is now ready to fund. 

Step 2: Deposit Funds and Claim a 200% Bonus

mega dice crypto deposits

Players need to add funds to their offshore casino account before they can begin gambling. Click on the ‘Wallet’ button, followed by ‘Deposit’. 

At Mega Dice, the minimum deposit depends on the payment type. Moreover, when depositing at least €20, Mega Dice will automatically boost the payment by 200%. It will also throw in 50 free spins. 

Those depositing cryptocurrencies can choose their preferred digital asset. Some of the most popular cryptocurrencies accepted by Mega Dice include Bitcoin, Ethereum, Tether, and Dogecoin. Copy the unique wallet address and make the payment from a private wallet. 

Mega Dice also allows players to deposit funds with a debit/credit card. This will trigger a KYC process, so players will need to provide some personal information and upload some documents. For example, a government-issued ID and a recently issued bank statement or utility bill. Moreover, debit/credit card payments will be converted into cryptocurrencies. 

Step 3: Choose a Casino Game and Begin Playing 

wanted dead or a wild free spins

Players can now begin gambling, ensuring that they do so responsibly. Mega Dice offers a wide range of casino games, including slots, baccarat, video poker, blackjack, and roulette. Live dealers, provably fair, and sports betting are also available. 

  • Players who deposited at least €20 can begin by using their 50 free spins. This needs to be used on the Wanted Dead or a Wild slot game. 
  • After using the free spins, players can gamble with their bonus funds. Simply search for the preferred game and choose a bet size.
  • Mega Dice also allows players to bet with demo funds. This offers a risk-free gambling experience.  

Step 4: Withdraw Funds  

mega dice offshore crypto withdrawals

Withdrawing funds from a regulated offshore casino is simple and hassle-free. At Mega Dice, players can begin the process by clicking on the ‘Wallet’ button. 

  • Choose which cryptocurrency to withdraw from the drop-down list. This should already show the cryptocurrency that matches the player’s account balance. 
  • Paste the wallet address that Mega Dice should transfer the cryptocurrencies. Ensure this is correct, as mistakes are irreversible. Next, type in the amount to withdraw. Click on ‘Max’ to cash out the full account balance. 
  • Finally, click on the ‘Withdraw’ button. Players should receive their cryptocurrencies in a matter of minutes. 

Best Offshore Casinos: Bottom Line

Most reputable offshore casinos offer an excellent gambling experience, not to mention fast casino payouts and generous bonuses. While it is legal for UK players to access non-UKGC licensed casinos, it’s crucial to choose reputable and legal platforms. Look for online casinos licensed by other respected authorities, such as the Malta Gaming Authority (MGA), the Gibraltar Regulatory Authority, or the Government of Curacao to ensure a certain level of regulatory oversight.

Gambling regulations can change, and it’s advisable to stay informed about any updates or changes in the legal landscape. The authorities may adjust their policies, impacting the accessibility of certain online casinos to players in specific regions. Regardless of where an online casino is licensed, players should always gamble responsibly and be aware of the risks associated with online gambling.

In closing, our top recommended offshore casino is Wild.io. Wild.io features an extensive online gaming library and it offers tremendous bonuses and promotions to new and existing players. 

 

Offshore Casinos FAQs

What are offshore casinos?

Offshore casinos offer gambling services to players based outside of their home jurisdiction. For instance, someone in Canada playing online blackjack with a Malta-based provider would be using an offshore casino.   

What is the best offshore crypto casino?

Cryptonews.com ranked Wild.io as the best offshore crypto casino. This regulated offshore provider offers a safe and anonymous way to gamble on hundreds of casino games. 

Are offshore casinos legal in the US?

In the United States, online gambling laws are subject to both federal and state jurisdiction. The Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 prohibits financial institutions from processing transactions related to online gambling, but does not explicitly criminalize individual players engaging in online gambling.

Individual states have the authority to regulate or prohibit online gambling within their borders. Offshore online casinos operate from jurisdictions outside the United States, and they may accept players from the US. Even if an offshore casino accepts US players, it does not necessarily mean that it is legal for individuals in the U.S. to engage in online gambling.

Are offshore casinos safe to play at?

In most cases, yes – offshore casinos are safe to play at. The best offshore casinos are authorized and regulated by a reputable gambling body.

How do I find offshore casinos?

There are many offshore online casinos to choose from, but the best are regulated. You’ll be able to tell whether a casino is offshore or not by reading the licensing information in the footer of the website. Look for an offshore casino that has positive user reviews, offers a wide range of games, fast withdrawals, and 24/7 customer support.  

References

The post 15 Best Offshore Casinos in March 2024 appeared first on Cryptonews.

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Best Bitcoin Casino Bonuses 2024 https://cryptonews.com/guides/best-bitcoin-casino-bonuses.htm Tue, 27 Feb 2024 03:21:35 +0000 https://cryptonews.com/?post_type=guides&p=137397.htm Bitcoin casino bonuses can be worth thousands of dollars for new and returning players. So, it’s well worth finding the top bonus offerings and getting the crypto casino bonus codes needed to claim them. In this guide, we’ll highlight the best Bitcoin casino bonuses and reveal the best Bitcoin casino no-deposit bonus codes for 2024. […]

The post Best Bitcoin Casino Bonuses 2024 appeared first on Cryptonews.

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Bitcoin casino bonuses can be worth thousands of dollars for new and returning players. So, it’s well worth finding the top bonus offerings and getting the crypto casino bonus codes needed to claim them.

In this guide, we’ll highlight the best Bitcoin casino bonuses and reveal the best Bitcoin casino no-deposit bonus codes for 2024.

The Best Bitcoin Casino Bonuses for 2024 Ranked


  • All
  • New Crypto Casinos
  • Telegram Casinos
30/10/23

200% Deposit Bonus Up To 10ETH

200% Deposit Bonus Up To 10ETH

  • Fully anonymous Telegram casino, play instantly
  • 25% cashback when staking TGC token
  • Token airdrops and NFTs for high rollers
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30/10/23

200% welcome bonus up to €25,000 + 50 Free Spins

200% welcome bonus up to €25,000 + 50 Free Spins

  • VIP welcome bonus, two deposit bonuses every Wednesday
  • Instant withdrawals with no limits, high max bets
  • Hundreds of free spins up for grabs on Game of the Week missions
Play Now
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30/10/23

Earn up to $20,000 welcome bonus

Earn up to $20,000 welcome bonus

  • Play with 150+ cryptocurrencies, no minimum deposit
  • Over 8,000 games available + sportsbook
  • Daily promotions and rewards on the bonus wheel
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30/10/23

100% bonus up to 1 BTC + 10% weekly cashback

100% bonus up to 1 BTC + 10% weekly cashback

  • Anonymous casino with No KYC
  • Zero fees and instant deposits and withdrawals
  • VPN Friendly with 5,000+ games without limits
Play Now
103
30/10/23

400% Bonus up to $10,000 + 300 Free Spins

400% Bonus up to $10,000 + 300 Free Spins

  • Huge four-tier welcome bonus worth up to 10BTC
  • Tiny minimum deposit and no KYC
  • Daily bonus depending on your deposits
Play Now
61
Show More Offers+

The List of Top Bitcoin Casino Bonuses


Below is a list of the best Bitcoin casino bonuses for 2024 along with the promo codes and wager requirements needed to claim them:

  • TG Casino200% deposit bonus up to 10 ETH
  • Lucky Block – 200% bonus up to €10,000 + 50 free spins
  • Wall Street Memes – 200% matched deposit bonus up to $25,000 + 200 free spins
  • BC.Game – 180% deposit match up to 20,000 BCD
  • Betpanda.io – 100% bonus up to 1 BTC + 10% weekly cashback
  • Wild.io – 570% up to 12 BTC + exclusive welcome bonus of 200% + 300 free spins
  • Metaspins – 100% welcome bonus of up to 1 BTC
  • Inmerion – 5BTC & 20% Daily Cashback
  • Betplay – 100% up to $1,500
  • VAVE – Welcome Cashback up to 1 BTC
  • Jackbit – 50 free spins wager free
  • Flush.com – 100% bonus for $10-$200 OR 150% for $200-$1,000 deposits
  • ReelCrypto.com – 100% up to $10,000 plus 10% cashback
  • BetFury – 100% up to $1500 on first deposit & 100 FS on sign-up
  • 7bit – 100% bonus up 5BTC + 100 free spins
  • Mega Dice – 200% bonus up to 1 BTC + 50 free spins
  • K8 – 100% up to $100 on first deposit (30x wagering) + Double rakeback (20%) for the first 7 days (0x wagering)
  • FortuneJack – 150% up to 1.5 BTC + 500 Free Spins

Bitcoin Casino No Deposit Bonuses Reviewed


Want to know more about the best crypto casino bonuses available today? We explain how each of the top bonus offers works in more detail with a breakdown of the best Bitcoin betting sites in 2024.

1. TG Casino – 200% Deposit Bonus Up To 10 ETH

TG.Casino presale

The best crypto casino to begin betting with is TG Casino – licensed by the Curacao government. Unlike some other Bitcoin casinos, Mega Dice does not require you to complete a KYC (Know Your Customer) form. They’re the world’s first licensed Bitcoin casino to incorporate Telegram as a means of onboarding new customers. Simply enter your name, create a username, create a password and start betting.

To play at TG Casino you must acquire its own unique token. To do so, you can use cryptocurrencies to purchase the token. The most popular cryptos accepted at TG Casino include Bitcoin and Ethereum among other popular altcoins. Another great banking feature is its lighting quick payout system as you can receive payouts instantly.

They offer a huge crypto casino deposit bonus for first-timers, which is among the highest relative to other crypto casinos featured here. New players can receive a match deposit bonus of up to 200% on 10 ETH. The wager requirement for this bonus is 40x and it only takes 0.0001 BTC to activate.

Pros

  • Unique Telegram integration
  • Simple sign up process
  • Large deposit bonus (up to 10 ETH)
  • Quality gaming providers

Cons

  • Not a large live game selection

Bonus Promo Code Wager Requirement
200% match up to 10 ETH No code needed 40x

2. Wall Street Memes – 200% Matched Deposit Bonus Up To $25,000 + 200 Free Spins

wall street memes high payout casinos

Along with TG Casino, the Wall Street Memes welcome bonus is among the very largest. You can earn up to $25,000 as a new player and the casino offers a manageable rollover with 6x at every 10%.

In addition to the bonus, the casino boasts over 5,000 games many of which are online slots, games show games, and live dealer casino games. The casino also features crash games, which are becoming more popular across Bitcoin casinos.

Another unique feature about Wall Street Memes is its own token – $WSM. You can use cryptocurrency to purchase this token to use at the casino. The main cryptos accepted are Bitcoin and Ethereum but there are others available such as Bitcoin Cash and some altcoins.

If you are located in the United States, you will need a VPN to access Wall Street Memes but nowadays that process is fairly simple. It might worth it as the casino library is massive, the bonuses are large, and the games are fun and engaging.

Pros

  • Up to $25k welcome bonus
  • Features game show games
  • Uses the $WSM token
  • Mangeable rollover (6x per 10%)

Cons

  • VPN may be required

Bonus Promo Code Wager Requirement
200% match up to $25,000 + 200 Free Spins No code needed 6x per 10%

3. Lucky Block – 200% Matched First Deposit Plus 50 Free Spins

In terms of bonuses, Lucky Block offers one of the best crypto casino bonuses around. New players are able to get their first deposit matched to 200% (up to 10,000 EUR or fiat/crypto equivalent) plus 50 free spins for leading slots game Dead or a Wild.

US and UK users can access this best crash gambling site with a VPN and even take advantage of reload bonuses for high rollers as part of the VIP program. Recommended as our top casino site for Bitcoin bonuses, Lucky Block (LBLOCK) is a popular cryptocurrency token that is available to buy on the top centralized and decentralized exchanges. On this platform, players can engage in slots, poker, live casino games, sports betting, and live dealer games.

This casino works with over 80 of the best gaming developers and lets players get started with just a $1 investment, no fees or limits on deposits or withdrawals and a rapid sign up process with no KYC verification needed that should take less than a minute. After entering your email address and password, players can use Bitcoin, Ethereum and other digital currencies to bet on over 2,700 games, including games such as Aviator and Mines from top developers such as Spribe, Pragmatic and Evolution.

Pros

  • Generous welcome bonus
  • Reload bonuses for VIPs
  • Cryptocurrency variety
  • Low entry investment

Cons

  • US and UK users need a VPN

Bonus Promo Code Wager Requirement
200% up to €10,000 + 50 free spins in Dead or a Wild No code needed 6x per 10%

4. BC.Game – 180% Deposit Match up to 20,000 BCD

BC.Game is our pick for players in search of the best Bitcoin casino bonuses in 2024. At this Bitcoin poker site, new players who deposit Bitcoin can earn a total of $220,000. No other Bitcoin casino sign up bonus even comes close to that size.

The BC.Game welcome bonus is awarded over 4 deposits, with a total potential value of $220,000. However, to keep the bonus, players must meet a steep wagering requirement of 500X. The match percentage for each bonus depends on the amount deposited, with larger deposits earning higher bonus tiers.

All bonus funds are paid in BCD, BC.Game’s native cryptocurrency. 1 BCD is equal to 1 USDT and it can be easily swapped when players withdraw funds. Did you know that BC.Game is one of the best altcoin casinos that also accepts a wide range of cryptos other than BTC?

Bonus funds are released with each wager, at a rate of 0.2% of each wager’s value in bonus funds. Find out more by reading our full BC.Game review today.

Pros

  • Lucrative welcome bonus
  • Tiered deposit matches
  • Acceptance of various cryptocurrencies
  • Native cryptocurrency (BCD)

Cons

  • High wagering requirement

Bonus Promo Code Wager Requirement
180% deposit match up to 20,000 BCD No code needed 500X

5. Betpanda.io – 100% Bonus up to 1 BTC + 10% Cashback

BetPanda is a newly launched casino that offers an excellent bonus for new players. After signing up, which is almost instant and anonymous, new players can earn a matched first deposit of 100% up to 1 BTC (or equivalent).

The bonus comes with 40x wagering requirements, but BetPanda also offers up to 10% weekly cashback on losses – that bonus is NOT just for VIPs but available to all players. BetPanda also offers six levels of VIP membership, with benefits including free spins, a 50% reload bonus, rakeback and more.

BetPanda has thousands of slots games and a live casino with a huge selection of tables appealing to both novices and pros.

Pros

  • Generous welcome bonus
  • Instant and anonymous sign-up
  • Weekly cashback for all players
  • Diverse VIP membership levels

Cons

  • Less of a track record than other established casinos

Bonus Promo Code Wager Requirement
100% Bonus up to 1 BTC, 10% weekly cashback No code needed 40X

6. Wild.io – 4 Deposit Matches Totaling up to 10 BTC

Wild.io has one of the biggest Bitcoin welcome bonuses of any Bitcoin casino. New players can claim a 150% match on their first deposit up to 3.5 BTC. Additional deposit matches ranging from 100-150% on their next 3 deposits bring the total bonus up to a maximum of 10 BTC. That’s more than $210,000 in Bitcoin that’s available as bonus cash for players. Returning players can then join Wild.io’s VIP program, which offers ongoing reload bonuses up to 35% and up to unlimited 7.5% cashback on losses.

Wild.io welcome package

Wild.io offers more than 3,000 games to bet on with all this bonus money. Players will find slots, jackpot slots, blackjack, roulette, baccarat, video poker, and more. Wild.io isn’t big on live games, but there are weekly slots tournaments with prizes up to $1,000 and 1,000 free spins.

Wild.io accepts most popular crypto tokens including BTC, ETH, ADA, UDST, LTC, and more. The welcome bonus is available for all of these tokens. All payments are fee-free and processed instantly at this casino. For more information read our detailed Wild.io casino review.

Pros

  • Huge bitcoin welcome bonus
  • Vip program for returning players
  • Weekly slots tournaments
  • Instant fee-free payments

Cons

  • Limited live games
  • High wagering requirements

Bonus Promo Code Wager Requirement
150% deposit match up to 3.5 BTC No code needed 40X

6. Metaspins – 100% Matched Bonus up to 1 BTC

Metaspins has a deceptively standard welcome bonus of 100% matched up to 1BTC – until you look at it. This bonus has one of the lowest wagering requirements of 25x.

Metaspins crypto casino

After the welcome bonus, players can earn points towards Metaspins loyalty program. This program has multiple levels that offer anywhere from 15% to 60% cashback on losses. 60% cashback is a huge amount, so we think Metaspins has one of the best loyalty programs for returning players of any Bitcoin casino.

Pros

  • Low wagering requirements
  • Rewarding loyalty program
  • Generous cashback rewards

Cons

  • No free spins in the welcome bonus

Welcome bonus Wagering requirement Available games Accepted crypto Min Deposit Payout Time
100% matched deposit bonus of up to 1 BTC 25x Table games, live dealers, slots, provably fair Bitcoin, Tether, Litecoin, Cardano, Ethereum, Dogecoin, Tron N/A Instant

7. Inmerion -5BTC & 20% Daily Cashback

Inmerion casino

The casino at Inmerion is stacked with gaming selection. You will find over 5,000 unique games ranging from online slots, live casino games, and table games. The casino works with top providers such as Booming Games, Endorphina, and Quickspin – just to name a few.

Furthermore, there is 24/7 live customer support, new games released frequently, and a unique cashback offer that most other casinos cannot match. You can get 20% cashback – daily.

Inmerion only focuses on crypto payments (no fiat). As such, payouts are instant and there no fees. You will find Bitcoin, Ethereum, Tether, and Bitcoin Cash, Litecoin, Dogecoin, and other cryptos are all accepted at Inmerion. Inmerion also has a fantastic crypto sportsbook, for all you sports fans.

The sheer number of quality casino games is the best part about Inmerion but we did love the unique cashback offer as well. You should not be disappointed should you choose to sign up at the casino and make it your go-to Bitcoin casino of choice. The game quality and overall user experience is second-to-none.

Pros:

  • No KYC requirements
  • Over 5,000 casino games
  • Competitive cashback offer
  • No VPN needed

Cons:

  • Welcome bonus could be higher

Bonus Promo Code Wager Requirement
Deposit $50 or more, get 3 Fortune Spins and win up to 5 BTC No code needed 5X

8. Betplay – 100% Matched First Deposit up to $1,000

Betplay is a crypto casino offering new players a Bitcoin casino bonus of a matched first deposit of 100% up to $1,000. The bonus comes with 80x wagering requirements but Betplay also offers daily rakeback and 10% weekly cashback on losses for VIPs.

The new casino also utilizes the Bitcoin Lightning Network to make crypto deposits and withdrawals almost instant in around a dozen cryptocurrencies.

Betplay has a huge selection of games, including crash favorites, casino games including poker, and a sportsbook.

Pros:

  • Generous Welcome Bonus
  • Daily Rakeback and Weekly Cashback for VIPs
  • Fast transactions with Bitcoin Lightning Network
  • Diverse Game Selection

Cons:

  • High wagering requirements

Bonus Promo Code Wager Requirement
100% matched deposit up to $1,000, daily rakeback, weekly cashback up to 10% on losses for VIPs No code needed 80X

9. VAVE – 3 Bonuses plus 100 Free Spins

VAVE is a first-class Bitcoin casino and sportsbook with excellent variety. The platform allows you to bet on everything from the most popular sports and esports in the world to TV shows and elections. If you’re looking to give everything a try, VAVE might be the casino for you. VAVE heavily rewards its most dedicated users. We can see this in every facet of the casino – even the welcome bonus is spread over 3 deposits and is at a 40x wagering requirement. It consistently ranks as one of the best payout online casinos in the industry.

Speaking of, the VAVE welcome bonus provides a 75% match bonus up to 1 BTC alongside 75 spins. Your 2nd and 3rd deposits get a 125% match bonus up to 1.5 BTC alongside 125 spins. While a 40x wagering requirement is high, it can be worked through with enough diligence.

VAVE also offers a clear and effective loyalty program. Split into 18 gamified levels, the program can accrue you a great variety of benefits if you’re able to take advantage of it. These rewards include priority support, special offers, and even a chance to win up to 100,000 USDT. In terms of sheer perks, the VAVE VIP program is one of the best on the market.

Pros:

  • Extensive betting options
  • Dedicated rewards for users
  • Lucrative welcome bonus
  • Gamified and extensive loyalty program

Cons:

  • Most rewarding bonuses come with the second and third deposits

Bonus Promo Code Wager Requirement
75% match plus 75 spins on 1st deposit, 2nd and 3rd deposit get 125% match and 125 free spins No code needed 40x

How to Select Best Bitcoin Bonus Casino


When determining which Bitcoin bonus casino is right for you we suggest that you run through the below checklist to help finalize your decision. Each feature here is of the utmost importance to consider as collectively they are what makes for a good online casino.

Bonus Selection And Variety

First and foremost, you should look at the types of crypto bonuses available at each casino you’re considering. In addition to the welcome bonus, you should look for ongoing promotions such as a no deposit bonus or reload bonus. Also, most of the top casinos offer bitcoin free spins, cashback offers, and other unique VIP rewards.

Accepted Cryptocurrencies

Secondly, you will want to try and choose a casino that offers a variety of different cryptocurrencies. For example, you can find a list of top Ethereum casinos here and find a suitable one for yourself. More cryptocurrencies means you will have more choice when it comes to depositing or withdrawing. Also, some casinos may run promotions only available for certain types of cryptos.

Deposits and Withdrawals 

When evaluating the banking and payment methods look at each casino’s list of methods available. Some Bitcoin casinos will not only allow other cryptocurrencies but allow you to use fiat methods such as credit card, bank transfer, and some are Cash App casinos, which allow the combination of fiat and crypto payments. Additionally, make sure you look at the fees involved with non-crypto transactions and confirm the payout times for each method. Most withdrawals are instant but timing will depend on how busy the networks are too.

Diversity of Games

When selecting your Bitcoin bonus casino of choice we highly recommend that you take a deep dive into the casino section. Look at the overall gaming selection, most notably the slot selection, table games offered, and live casino. Also, look some of your favorite games like bitcoin poker to see what the betting options are and compare the overall gaming providers across each Bitcoin bonus casino to get a sense of which casino has quality games.

Support

Confirming that a casino offers some way of contacting customer support should you need it is also important. We suggest that you give preference to Bitcoin bonus casinos that have a live chat feature, or at the very least provide an email address.

Safety and Trust

Lastly, before signing up at your selected Bitcoin bonus casino make sure you are comfortable with the security features and security badges featured on their site. And, double-check if the casino is trustworthy by searching for reviews and confirming its licensing standing. Rest assured that we only recommend casinos that are licensed and regulated by reputable agencies or governments.

Types of Crypto Casino Welcome Bonuses


There are several common types of Bitcoin casino bonuses, each with their own advantages. Here, we’ll take a closer look at the different types of crypto casino bonuses and where players can find them.

Deposit Match Bonuses

Deposit match bonuses are by far the most common type of Bitcoin casino free bonuses available today. With a deposit bonus, the amount of bonus a player earns is proportional to the size of their deposit, up to a maximum bonus amount. Deposit match bonuses require that players make a deposit, unlike a Bitcoin casino no deposit bonus.

Here are the best Bitcoin deposit match bonus offers for 2024:

  • BC.Game – Earn up to $220,000 over 4 deposits
  • Cloudbet – Earn up to 5 BTC with a 100% match
  • 1xBit – Earn up to 7 BTC over 4 deposits
  • BetFlip – Earn up to 5 BTC over 4 deposits

Free Spins Bonuses

Free spins bonus offers give players free plays on a casino’s slot machines. They offer a fun way to try out popular slot games, and players have a chance to win big without risking any of their own money. The more free spins, the more chances a player has to win.

Some of the best free spins bonuses can be found at:

  • mBit – Earn 300 free spins after first deposit
  • Winz.io – Earn 300 free spins with no wagering requirement
  • FortuneJack – Earn 250 free spins after first deposit
  • Hell Spin – Earn 100 free spins with every reload

No Deposit Bonuses

A Bitcoin casino no deposit bonus is a coveted type of reward that can’t be found very often. In fact, none of the Bitcoin casinos we reviewed currently offer a Bitcoin casino no deposit bonus in 2024 for USA players.

A Bitcoin casino no deposit bonus gives a player free cash or free spins just for creating a casino account in any Bitcoin casino with free spins in the USA. There’s no deposit required and a player can start using the bonus funds right away to start playing slots and other casino games. If the player runs out of bonus funds, they can either make a deposit to keep playing or simply switch to a new casino.

Bitcoin casino USA no no-deposit bonus offers tend to be much smaller than deposit match bonuses when they can be found. For example, a $100 USA crypto casino with no deposit bonus would be considered very large, while deposit match bonuses can exceed $100,000 in value.

Reload Bonuses

Reload bonuses are bonus offers targeted at returning players. They provide an incentive for players to make another deposit to their account after they’ve already played through the casino’s welcome bonus.

Reload bonuses can be quite generous. Here are some of the best offers for returning players:

  • Hell Spin – 50% match up to $200 + 100 free spins
  • Betflip – 100% match up to $1,500 on weekends
  • BetOnline – 35% match up to $35

Loyalty Bonuses

Some casinos also offer loyalty bonuses for returning players. These are distinct from reload bonuses because they don’t necessarily require players to make a new deposit. Instead, they offer players rewards based on the amount they’ve wagered or the frequency with which they visit a casino.

Some popular loyalty bonuses include:

  • 1xBit – Promo code store for points-based promotions
  • Thunderpick – Surprise bonus offers for returning players
  • Metaspins – Earn up to 60% cashback on losses

Bitcoin Casino Bonus Codes


Some Bitcoin gambling sites require bonus codes in order to claim a welcome bonus or reload bonus. These promo codes are used to ensure that players are getting the latest bonus offer. They can also be used to track referrals or to enable players to choose between several different available bonus offers.

That said, many Bitcoin casinos choose to forgo bonus codes, especially for new players. In that case, a bonus is applied automatically whenever players qualify for it. This helps ensure that players never miss out on a bonus opportunity.

Here are the bonus codes for the best Bitcoin casino bonus offers:

Bitcoin Casinos Bonus Promo Code
BC.Game 180% deposit match up to 20,000 BCD No code needed
Mega Dice 200% matched deposit up to 1 BTC + 50 free spins No code needed
Cloudbet 100% deposit match up to 5 BTC No code needed
mBit 110% deposit match up to 1 BTC + 300 free spins No code needed
Bitslot 150% deposit match up to 1 BTC No code needed
Winz.io 300 free spins SLOTS
Metaspins Spin for random bonus No code needed
Punt Casino 125% deposit match up to 6 BTC + $25 free chip No code needed
FortuneJack 110% deposit match up to 1.5 BTC + 250 free spins or 20% cashback for 24 hours No code needed
Wild.io 150% deposit match up to 3.5 BTC No code needed
Hell Spin 100% deposit match up to $100 + 100 free spins No code needed
Thunderpick 5% or 100% deposit match up to $500 WELCOME
Betflip 111% up to 1 BTC No code needed
BetOnline 100% deposit match up to $1,000 CRYPTO100
1xBit 100% deposit match up to 1 BTC No code needed
Wild Casino 300% deposit match up to $3,000 CRYPTO300

Bitcoin Casino Bonus Terms & Conditions

Bitcoin casino bonuses come with a fair amount of fine print. It’s important to understand the restrictions on bonus offers and how bonus cash can be used. Here are some of the key terms and conditions to know:

Wager Requirement

Understanding the wagering requirement is crucial for anyone utilizing Bitcoin casino promotions. This requirement specifies the total bets a player needs to place in relation to the bonus amount before they can cash out their bonus funds.

For instance, if there’s a $1,000 bonus with a 40X wagering requirement, the player must bet a minimum of $40,000 in the casino to unlock the ability to withdraw the bonus money or any winnings accrued from gambling with the bonus funds.

Game Restrictions

Some of the best crypto casino bonuses can be played on any games that a casino offers, but this isn’t usually the case. More frequently, bonus cash can only be used for certain types of games, like slots.

Many casinos restrict bonuses from being used on live dealer games. There may also be specific games or software providers for which bonus funds cannot be used.

Valid Period

Bonuses often don’t last forever. Casinos may require that players meet a bonus’s wagering requirement within a certain amount of time, like 30 or 60 days. This means that players have to be strategic about how large a bonus they claim based on how much they think they will wager in the days or weeks after signing up for a new casino site.

Win Limits

Some casinos place limits on the amount that players can win when using bonus funds. While this sounds a little underhanded, these limits are usually quite high. They’re mainly intended to prevent players from winning a massive jackpot while betting with bonus funds.

Bitcoin Casinos Minimum Deposit Payment Methods
Lucky Block $1 BTC, ETH, BCH, USDT, DOGE, LTC
Mega Dice $1 BTC, ETH, DOGE, BCH, USDT, LTC, XRP, ADA
BC.Game $60 40+ cryptocurrencies
Cloudbet 1 mBTC BTC, ETH, BCH, USDT, USDC, PAX, PAXG, LINK, DAI, DASH, DOGE, LTC
mBit $10 BTC, ETH, BCH, LTC, DOGE, USDT, XRP
Bitslot 0.25 mBTC BTC, BCH, LTC, ETH, DOGE, USDT, XRP
Winz.io 0.1 mBTC BTC, ETH, LTC, BCH, USDT, TRX, DOGE, XRP, BNB
Metaspins 0.1 mBTC BTC, ETH, LTC, BCH, USDT, USDC, TRX, ADA, DOGE
Punt Casino $10 BTC, BCH, LTC
FortuneJack 1 mBTC BTC, LTC, ETH, ZCASH, DASH, DOGE, XMR
Wild.io 0.06 mBTC BTC, ETH, ADA, LTC, BCH, DASH, USDT, TRX, BNB, XRP
Hell Spin $20 BTC, LTC, ETH
Thunderpick $1 BTC, BCH, LTC, ETH, XRP
Betflip $10 BTC, LTC, ETH, DOGE, XRP, ZCASH, DASH, BCH, TRON
BetOnline $20 BTC, BCH, LTC, ETH, APE, DOGE, AVAX, BNB, ADA, LINK, MATIC, XRP, SHIB, SOL, XLM, USDT, USDC
1xBit 1 mBTC 30+ cryptocurrencies
Wild Casino $20 BTC, BCH, LTC, ETH, APE, DOGE, AVAX, BNB, ADA, LINK, MATIC, XRP, SHIB, SOL, XLM, USDT, USDC

How to Get Bitcoin Casino Bonuses


Ready to claim one of the biggest Bitcoin casino bonuses in 2024? We’ll show players how to get started with Lucky Block.

  • Step 1: Visit Lucky Block – Head over to the Lucky Block website and open an account in 30 seconds by entering an email address and creating a password.
  • Step 2: Deposit Funds – Customers can use a cryptocurrency wallet to connect with the Lucky Block site. Moreover, Lucky block offers an On-Ramp functionality which lets users buy crypto on the platform with fiat payment methods.
  • Step 3: Bet on Slots –  After creating an account, users can access the range of markets, enter the betting amount and click on ‘Place Bet’.

Top 5 Tips for Using Online Crypto Casino Bonuses


To get the most out of crypto casino bonuses, it helps to have a few tricks. Here are our top tips for playing with crypto casino bonuses.

  1. Look for no deposit bonuses. No-deposit casino bonus offers are tough to find, but they appear from time to time. The best USA Bitcoin casino with no deposit bonus lets players try out a casino without risking any of their own funds.
  2. Play eligible games. Players need to make sure that once they claim a bonus, they’re sticking to games that count toward the wager requirement. Most casinos only offer a limited amount of time to meet the wager requirement.
  3. Bet big. Bonus funds and free spins are use-it-or-lose-it in most cases. So, it’s worth betting big with a bonus rather than playing carefully and potentially missing out on bonus cash.
  4. Be strategic about reloads. Players can stretch their money a lot further by being strategic about how and when they deposit money into their accounts. Many casinos offer extra reload bonuses on specific days of the week.
  5. Loyalty pays off. While it can be tempting to claim casino bonuses at many different casinos, loyalty has its own rewards. Often, returning players receive surprise bonuses and perks that can be worth a lot of money.

Conclusion


The best Bitcoin casino bonuses can give players thousands of dollars in free cash to bet on their favorite games. However, it’s worth keeping in mind that many of these bonuses come with terms and conditions attached, so it’s important to read the fine print to know what you need to do in order to be able to claim your Bitcoin casino bonus.

One of the biggest and best bonus offers in 2024 comes from TG Casino – which offers new players a 200% deposit bonus up to 10 ETH. This is a very large bonus amount for a welcome bonus. Furthermore, TG Casino is known to offer ongoing promotions to existing players too.

TG Casino is our overall best Bitcoin casino due to its thousands of top slots games, classic casino table games, and unique Telegram integration.

References

Best Bitcoin Casino Bonuses FAQs

Which Bitcoin casino has the biggest welcome bonus?

Mega Dice has the largest welcome bonus of any Bitcoin casino in 2024. New players receive a 200% matched first deposit plus 50 free spins for leading slots game Dead or a Wild.

Is there a no-deposit free Bitcoin casino with no wagering limit?

There are currently no Bitcoin casinos that offer no deposit bonuses and no wagering limit. Few casinos offer an anonymous Bitcoin casino no deposit bonus and most have wagering limits.

What Bitcoin casinos have no deposit bonuses?

None of the Bitcoin casinos we reviewed have no deposit bonuses. However, BC.Game offers new players up to $220,000 with deposit and Cloudbet offers up to 5 BTC.

How do I get my free Bitcoin bonus?

Many casinos offer a Bitcoin welcome bonus to new players. In order to claim such a bonus, you will need to sign up to the casino where this offer is active, make a deposit, fulfil the wagering requirements, and then you’ll be able to claim your Bitcoin bonus.

The post Best Bitcoin Casino Bonuses 2024 appeared first on Cryptonews.

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20+ Best Dogecoin Casinos & Gambling Sites for 2024 https://cryptonews.com/guides/best-dogecoin-casinos.htm Thu, 08 Feb 2024 01:08:43 +0000 https://cryptonews.com/?post_type=guides&p=141525.htm Many top Dogecoin casino sites offer near-instant payouts, thousands of games to choose from, and generous bonuses for both new and existing players. But how do you choose the best one on the market? In this comparison guide, we review the 20+ best Dogecoin casinos so that players can make an informed decision on the […]

The post 20+ Best Dogecoin Casinos & Gambling Sites for 2024 appeared first on Cryptonews.

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Many top Dogecoin casino sites offer near-instant payouts, thousands of games to choose from, and generous bonuses for both new and existing players. But how do you choose the best one on the market?

In this comparison guide, we review the 20+ best Dogecoin casinos so that players can make an informed decision on the right platform for their needs.

The Best Dogecoin Casinos for 2024


  • All
  • New Crypto Casinos
  • Telegram Casinos
30/10/23

200% Deposit Bonus Up To 10ETH

200% Deposit Bonus Up To 10ETH

  • Fully anonymous Telegram casino, play instantly
  • 25% cashback when staking TGC token
  • Token airdrops and NFTs for high rollers
Play Now
11
30/10/23

200% welcome bonus up to €25,000 + 50 Free Spins

200% welcome bonus up to €25,000 + 50 Free Spins

  • VIP welcome bonus, two deposit bonuses every Wednesday
  • Instant withdrawals with no limits, high max bets
  • Hundreds of free spins up for grabs on Game of the Week missions
Play Now
50
30/10/23

Earn up to $20,000 welcome bonus

Earn up to $20,000 welcome bonus

  • Play with 150+ cryptocurrencies, no minimum deposit
  • Over 8,000 games available + sportsbook
  • Daily promotions and rewards on the bonus wheel
Play Now
54
30/10/23

100% bonus up to 1 BTC + 10% weekly cashback

100% bonus up to 1 BTC + 10% weekly cashback

  • Anonymous casino with No KYC
  • Zero fees and instant deposits and withdrawals
  • VPN Friendly with 5,000+ games without limits
Play Now
103
30/10/23

400% Bonus up to $10,000 + 300 Free Spins

400% Bonus up to $10,000 + 300 Free Spins

  • Huge four-tier welcome bonus worth up to 10BTC
  • Tiny minimum deposit and no KYC
  • Daily bonus depending on your deposits
Play Now
61
01/03/24

100% Bonus & 50 Free Spins + 20% Weekly Cashback

100% Bonus & 50 Free Spins + 20% Weekly Cashback

  • Anonymous, No KYC & VPN friendly
  • 10,000+ most popular slots with weekly free spins
  • No limits and instant deposits and withdrawals
Play Now
37
30/10/23

100% Welcome Bonus up to 1 BTC + Exclusive 50 Free Spins

100% Welcome Bonus up to 1 BTC + Exclusive 50 Free Spins

  • Huge maximum bonus if depositing in BTC
  • Instantly approved zero fees withdrawals
  • Free tickets for daily MetaLotto with every deposit
Play Now
59
31/01/24

Win up to 5BTC & get 20% Daily Cashback

Win up to 5BTC & get 20% Daily Cashback

  • No KYC and VPN friendly
  • Automated instant withdrawals
  • Unique VIP support
Play Now
25
30/10/23

Welcome cashback of up to 1 BTC

Welcome cashback of up to 1 BTC

  • Instant anonymous no KYC sign-up
  • No withdrawal limits with 10+ cryptos
  • Monthly challenges and tournaments with great rewards
Play Now
37
30/10/23

100% Welcome bonus up to $1,500

100% Welcome bonus up to $1,500

  • No KYC casino - gamble anonymously
  • More than 6,000 games available + sportsbetting
  • Daily rakeback and weekly 10% cashback
Play Now
20
Show More Offers+

List of the Best Dogecoin Casino Sites for 2024


The sections below list around a dozen of the best Dogecoin online casino sites for 2024:

  1. TG Casino – Overall best Dogecoin casino in 2024
  2. Lucky Block – Offers instant Dogecoin transactions
  3. BC Game – Up to $20,000 welcome bonus
  4. Betpanda – Zero fees and instant deposits and withdrawals
  5. Wild.io – 400% bonus up to $10k + 300 Free Spins
  6. Metaspins – 100% up to 1 BTC + exclusive 50 free spins
  7. Inmerion – Tournaments with a $100k prize pool
  8. Vave – Over 6,000 casino games to choose from
  9. Betplay – Offers 100% up to $1,500 as a welcome bonus
  10. Flush – 100% bonus up to $200 or 150% for $200-$1,000 deposits
  11. ReelCrypto – Reliable and trusted due to its Curacao-based license
  12. Jackbit – Choose between live dealer games, crypto slots, and more
  13. CasinoBit – Features several variations of poker games
  14. BetFury – Get a no deposit bonus + 100 free spins at BetFury
  15. Fortune Jack – Participate in weekly tournaments with prices up to $10k
  16. Duelbits – Robust live dealer game section with 100+ tables
  17. 7bit Casino – 100% deposit bonus up to 5 BTC + 100 free spins
  18. Wall Street Memes – Offers a 200% deposit match of up to $25,000
  19. Empire.io – Access up to 20% cashback weekly at Empire.io
  20. Mega Dice – Enjoy a 200% bonus up to 1 BTC and 50 free spins
  21. FairSpin – Massive Bitcoin casino & sportsbook + 140 free spins
  22. Weissbet – Offers a 300% deposit bonus + 70 Free Spins
  23. Thunderpick – The casino features 4,000+ slots and table games
  24. Katsubet – Works with top gaming providers such as BetSoft & Playson
  25. Mirax – Features a 100% deposit match welcome bonus
  26. mBit – Get up to 150 free spins daily at mBit

5 of the Best Dogecoin Casino Sites Reviewed


When deciding on the best Dogecoin casino, players should ensure that the platform has a solid reputation and that it offers fast deposits and withdrawals.

Players should also consider whether the platform offers Dogecoin casino bonuses for both new and existing account holders.

Below, we cover the above metrics and more by reviewing the 10 best Dogecoin gambling sites for 2024.

1. TG Casino – Overall best Dogecoin Casino in 2024

  • Payout Time: 0 – 24 hours
  • Established: 2023
  • License: Curacao
  • Website: tg.casino

TG Casino - our top bitcoin and crypto poker site pick

Our number one recommended Dogecoin casino is TG Casino. TG Casino is a newer brand that integrates seamlessly with Telegram. As such, it has all of the latest games, features, and more. They also feature their own $TGC Token, which can be purchased using cryptocurrency such as Dogecoin.

Deposits and withdrawals typically occur within minutes at TG Casino. This includes transactions made with Dogecoin. Additionally, TG Casino has customer support agents staffed 24/7 should you need support.

At the casino, you will find hundreds of casino games ranging from crypto slots, to table games, to live games, and more. The overall library is a bit smaller relative to other top Dogecoin casinos, however, the quality is there. There are over 300 slot games powered by top gaming providers such as Endorphina.

All-in-all, TG Casino is a well-balanced Dogecoin casino with great games and a top-notch bonus program. The flagship offer is their welcome bonus – a 200% match deposit up to 10 ETH. Simply put, this Dogecoin casino has something for every type of casino player.

TG Casino welcome bonus: 

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
TG Casino 200% up to 10 ETH N/A $50 35x 30 days

Advantages:

  • Offers a large bonus (up to 10 ETH)
  • Sub 40x rollover for welcome bonus (35x)
  • Instant payouts are available
  • Unique Telegram integration

Disadvantages:

  • Smaller slots library compared to other Doge casinos

 

2. BC Game – Up To $20,000 Welcome Bonus

  • Payout Time: 0 – 24 hours
  • Established: 2017
  • License: Curacao
  • Website: bc.game

BC.Game

Another one of the best Dogecoin casinos is BC Game. BC Game was first established in 2017 and received a license from Curacao. Since then, it has amassed quite a following and has developed a comprehensive Dogecoin casino offering.

At BC Game, you can purchase Dogecoin instantly using fiat methods such as credit cards and debit cards. Additionally, payouts are fairly instant, especially if you opt to use Dogecoin.

Within the casino, you will find it all. BC Game features lottery games, bingo games, live casino games, table games such as blackjack, roulette, and online slots. They also have special prizes and tournaments such as the game of the week promotion and cashback rewards.

Getting started at BC Game is a simple process that only takes a few minutes. As a new player your are eligible for a welcome bonus up to $20,000, which is fairly high relative to other to Doge casinos.

BC Game welcome bonus: 

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
BC Game 180% up to $20,000 N/A $10 60x None

Advantages:

  • Pay with fiat to convert to Doge instantly
  • Weekly prizes offered to casino players
  • Features lottery and bingo games
  • Large welcome bonus (up to $20k)

Disadvantages:

  • Customer support is slower to reply

 

3. Betpanda – Zero Fees and Instant Deposits and Withdrawals

  • Payout Time: 0 – 24 hours
  • Established: 2023
  • License: Costa Rica
  • Website: betpanda.io

Betpanda.io casino

Next on our featured lists of Dogecoin casinos is Betpanda. Betpanda is licensed out of Costa Rica and has been around since 2023. The casino is very well designed and functions well, especially on mobile devices.

One great thing about Betpanda is that they offer a 10% weekly cashback reward. Additionally, they have jackpot games, bonus buys, and megaways inside their casino.

Along with jackpot games, you will find a live casino, table games, and a very large library (4,000+) of online slots from top gaming providers such as Evolution Gaming.

Lastly, the bonus program outside of the cashback offer is quite good at Betpanda. Their featured welcome bonus offer is very substantial as you can receive up to 1 BTC. Overall, the Betpanda casino makes for an excellent crypto casino, especially if you are using Dogecoin as the transactions are instant and there are no fees.

Betpanda welcome bonus: 

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
Betpanda 100% up to 1 BTC N/A $5 50x None

Advantages:

  • Offers 10% weekly cashback
  • Low minimum deposit of $5
  • Payouts and deposits are instant with Doge
  • No KYC required upon signup

Disadvantages:

  • Rollover requirement is a lot (50x)

 

4. Metaspins – 100% Up To 1 BTC + Exclusive 50 Free Spins

  • Payout Time: 0 – 24 hours
  • Established: 2023
  • License: Curacao
  • Website: metaspins.com

The Metaspins casino is another top Dogecoin casino worth highlighting. The casino was first established in 2023 and is licensed out of Curacao.

More importantly, the Metaspins casino has a lot to offer. Including but not limited to its 60% rakeback offer, 4,000+ casino game library, instant crypto casino withdrawals, and more. Moreover, if you don’t have Dogecoin readily available, you can purchase it using credit cards and Metaspins will instantly convert your money into Dogecoin.

The overall design and functionality of Metaspins is quite good. The graphics are fun and engaging and the casino works with 50+ gaming providers to populate its casino with state-of-the-art games. Also, the mobile layout is easy to use and you won’t lose any of the main casino features when accessing it via mobile.

Finally, the bonus program at Metaspins is competitive relative to other Dogecoin casinos. You receive up to 1 BTC as a welcome bonus and you will be rewarded as a regular player. Thus, if you are looking for a casino to steadily gamble at Metaspins is a great option as it should suffice all of your Dogecoin gambling needs.

Metaspins welcome bonus: 

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
Metaspins 100% up to 1 BTC N/A 0.0001 BTC 40x None

Advantages:

  • Up to 60% rakeback available
  • Purchase Dogecoin instantly with credit card
  • 4,000+ casino games available
  • Works with 50+ top gaming providers

Disadvantages:

  • No poker available

5. Vave – Over 6,000 Casino Games to Choose From

  • Payout Time: 0 – 72 hours
  • Established: 2022
  • License: Curacao
  • Website: vave.casino

Vave casino

Vave is the final casino from our list of the best Dogecoin casinos that we wanted to highlight. Like many of its competitors, Vave is a newer Dogecoin gambling site as it was first established in 2022.

Vave offers a comprehensive Dogecoin gambling experience. You can deposit and withdrawal with Doge and there are no added fees. Additionally, payouts are typically instant. More importantly, the gaming selection at Vave is quite extensive. You will find over 6,000+ casino games at their casino.

Among the 6,000 titles, there are live casino games, new online slots, and table games such as crypto roulette, blackjack, and baccarat. Also, if you continue to play at Vave you will be rewarded with offers such as free spins, which is very beneficial considering they have so many online slots too choose from.

The casino also features a unique welcome bonus as it is a 100% cashback offer up to 1 BTC. This entices you to continue to play and there is a chance that you can earn a very large reward. Overall, the number of games, the bonuses, and instant transcations are the main reasons why Vave is among the best Dogecoin casinos available today.

Vave welcome bonus: 

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
Vave 100% cashback up to 1 BTC N/A 0.0001 BTC 40x 14 days

Advantages:

  • Unique cashback welcome offer
  • Offers free spin bonuses to new players
  • Features slot race tournament
  • Large library of games with 6,000+

Disadvantages:

  • No progressive slots available

 

Dogecoin Gambling Bonuses

As a rule, Dogecoin gambling sites offer bonuses that are similar to what other crypto gambling sites have on offer. Here are some Doge casino bonuses that you can expect to find at almost any casino that accepts DOGE.

  1. DOGE Welcome Bonus: Offered to new players upon signing up and making their first deposit. This bonus often matches a percentage of the initial deposit, providing players with extra funds to play with.
  2. Dogecoin Deposit Match Bonus: Similar to the welcome bonus, a deposit match bonus matches a percentage of the player’s deposit, usually up to a certain amount. For example, a 100% deposit match bonus up to 1000 Dogecoin would double the player’s deposit, up to a maximum of 1000 Dogecoin. Some casinos that are heavily Dogecoin-focused will have special rewards for depositing with DOGE, although they will accept deposits in other currencies as well.
  3. $DOGE Reload Bonus: Offered to existing players when they make subsequent deposits after the initial sign-up. Reload bonuses encourage players to continue depositing and playing on the platform.
  4. Dogecoin Free Spins: Commonly offered in Dogecoin slot games, crypto free spins allow players to spin the reels without using their own Dogecoin. Winnings from free spins may be subject to wagering requirements.
  5. Doge Cashback Bonus: Refunds a percentage of the player’s losses over a specific period, providing some compensation for unsuccessful bets during a promotional period.
  6. Dogecoin Referral Bonus: This is awarded to players who refer new users to the gambling platform. The referring player receives a bonus when the referred player signs up and meets certain requirements, such as making a deposit or wagering a certain amount.

Comparing Welcome Bonuses at the Best Dogecoin Casinos


The table below provides a quick snapshot of the welcome bonuses offered across each and every recommended Dogecoin casino. Here, you can quickly compare and contrast what each Dogecoin casino has to offer.

Casino Welcome Bonus Promo Code Minimum Deposit Wager Requirement Expiration Date
TG Casino 200% up to 10 ETH N/A $50 35x 30 days
Lucky Block 200% up to $25,000 N/A $20 For every 6x wagered, 10% of the bonus awarded 14 days
BC Game 180% up to 20,000 BCD N/A $10 50x 30 days
Betpanda 100% up to 1 BTC N/A $5 50x None
Wild.io 120% up to $5,000 N/A $20 40x 7 days
Metaspins 100% up to 1 BTC N/A 0.0001 BTC 40x 7 days
Inmerion $100 cashback reward N/A None None 24 hours
Vave 100% cashback up to 1 BTC N/A 0.0001 BTC 40x 14 days
Betplay 100% up to 1,000 USDT N/A $10 80x 30 days
Flush 150% up to $1,000 N/A $20 35x None
ReelCrypto 100% up to $10,000 N/A $50 40x 30 days
Jackbit $50 deposit bonus WELCOME $50 10x 24 hours
CasinoBit 110% up to 1 BTC N/A $10 40x 30 days
BetFury 100% up to $1,000 N/A $200 40x 7 days
Fortune Jack 110% up to 1.5 BTC N/A 0.001 BTC 30x 14 days
Duelbits 500 Free Spins N/A $50 none 24 hours
7bit Casino 100% up to 1.5 BTC N/A 0.0006 BTC 35x 14 days
WSM 200% up to $25,000 N/A $30 For every 6x wagered, 10% of the bonus awarded 14 days
Empire.io 100% up to 1 BTC N/A $20 40x 7 days
Mega Dice 200% up to 1 BTC N/A $20 For every 6x wagered, 10% of the bonus awarded 14 days
Fair Spin 100% up to 100,000 USDT N/A 500 USDT 35x 3 days
Wessibet 100% up to 225,000 USDT N/A 1,000 USDT 45x 5 days
Thunderpick 100% up to $500 N/A $20 30x 30 days
KatsuBet $400 in bonuses N/A $20 25x 30 days
Mirax 100% up to 1.5 BTC N/A 0.00072 BTC 30x 30 days
mBit 100% up to 1 BTC N/A 30 USDT 40x 7 days

How We Select the Best Dogecoin Casinos


When ranking the best Dogecoin casinos, we focused on the following metrics:

Private and Anonymous Accounts

Most Dogecoin online casinos support private and anonymous casino accounts.

This means:

  • No personal information
  • No contact details (other than an email address)
  • No KYC documents

Anonymous accounts are not available when gambling with fiat money, which is why Dogecoin casinos are becoming so popular.

Near-Instant Payments

We also found that the best Dogecoin casinos offer rapid deposits and withdrawals. At Lucky Block, it takes just 2-3 minutes for DOGE deposits to clear.

Moreover, Lucky Block approves DOGE withdrawals near-instantly. As a result, it takes just minutes for winnings to be transferred to the selected Dogecoin wallet.

Fee-Free Dogecoin Deposits and Withdrawals

Another aspect of the payment process that we look for when ranking casinos that accept Dogecoin is whether or not fees are charged. Most of the platforms discussed on this page offer fee-free payments.

Casino Gaming Suite and Sportsbook

We prefer Dogecoin casinos that offer a huge gambling suite across many gaming products. At a minimum, we expect to find dozens of table games like blackjack and roulette, across many different variations.

Soccer Matches On Lucky Block Casino

We also look for new Dogecoin casinos that offer a wide selection of slots and live dealer tables. The best Dogecoin casino sites – including Lucky Block, Cloudbet, and BC.Game – also offer an in-house crypto sportsbook with competitive odds.

Dogecoin Bonuses and Promotions

When signing up with a Dogecoin casino site for the first time, players will usually receive a bonus.

This ranges from matched deposit bonuses, free spins, cashback, and risk-free bets. When researching Dogecoin casino bonuses, we take a very close look at the terms and conditions.

For instance, the minimum deposit to qualify for the bonus and what the wagering requirements amount to.

Mobile Compatibility

All of the Dogecoin casinos discussed today enable players to place wagers on a smartphone device. Each platform has optimized its gaming suite for standard mobile web browsers.

Some of the Dogecoin casinos listed on this page offer a dedicated mobile casino app, with both Android and iOS usually supported.

Reputation

Dogecoin casinos operate in an unregulated environment, so it is important to do some due diligence on a platform before opening an account.

With that said, the very best Dogecoin casino that we reviewed today – Lucky Block, is licensed with regulators in Curacao.

This shows that Lucky Block takes player safety seriously and that account holders can be confident in the legitimacy of its platform.

Customer Support

The best Dogecoin gambling sites in the market offer 24/7 customer support. With that said, we prefer platforms that offer support via live chat. This prevents the need to send an email and subsequently wait several hours for a response.

Lucky Block 15% Cashback

Are Dogecoin Casinos Legal?


Crypto assets – including Dogecoin, are unregulated in most countries. This means that Dogecoin gambling sites operate in a completely different way from fiat casinos.

For example, Dogecoin crypto gambling sites like Lucky Block do not have a conventional KYC policy in place, so players can open an account anonymously.

Furthermore, unlike traditional casinos, many Dogecoin gambling sites operate without betting and withdrawal limits.

While players will need to research the legality of gambling in their own country, crypto casinos are generally not prohibited.

Conclusion: The Best Dogecoin Casino


This comparison guide has ranked and reviewed the best Dogecoin casinos, taking into account promotions, games, sign-up bonuses, withdrawal times, and much more.

When narrowing down the choice to one doge casino, our recommendation is TG Casino. At this telegram casino, you can use Dogecoin to purchase their own token in order to gamble. Furthermore, the casino itself is one of the best Dogecoin casinos in terms of gaming variety, payout times, customer service, and bonuses.

TG Casino supports everything from live casino dealers to table games and slots – we highly recommend you check it out.

Dogecoin Crypto Gambling Sites FAQs

Can you gamble with Dogecoin?

Yes, gambling with Dogecoin is becoming increasingly popular, considering that many crypto-centric casinos support anonymous accounts and huge bonuses. Mega Dice accounts take just seconds to open and DOGE payouts are approved instantly.

What casinos accept Dogecoin?

This comparison guide has reviewed 12 of the best Dogecoin casinos for 2024, but there are many others. Some of the top Dogecoin gambling sites in the market include Lucky Block, 7Bit Casino, TG Casino, BC Game, and Metaspins.

What is the best Dogecoin casino site?

One of the best Dogecoin casino sites is TG Casino, which offers hundreds of casino games, live dealer games, online slots, and accepts Dogecoin as a form of payment toward their own token. Additionally, you can claim a welcome bonus of 200% up to 10 ETH at TG Casino, which is a very large welcome bonus.

The post 20+ Best Dogecoin Casinos & Gambling Sites for 2024 appeared first on Cryptonews.

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Bizzo Casino Review, Bonuses & Promo Codes 2024 https://cryptonews.com/guides/bizzo-casino-review.htm Fri, 19 Jan 2024 13:41:33 +0000 https://cryptonews.com/?post_type=guides&p=153857.htm Our Bizzo Casino review highlights plenty of attractive selling points – their large number of games, enticing bonuses and the number of payment options available.Bizzo is a crypto casino that opened its doors to players in 2021. It’s quickly grown in popularity but how does it truly compare to other Bitcoin casinos? What is Bizzo […]

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Our Bizzo Casino review highlights plenty of attractive selling points – their large number of games, enticing bonuses and the number of payment options available.Bizzo is a crypto casino that opened its doors to players in 2021. It’s quickly grown in popularity but how does it truly compare to other Bitcoin casinos?

What is Bizzo Casino?

Bizzo is an online casino for both casual fiat gamers and crypto gamblers. Though relatively new in the space, they’ve grown quite popular.The casino is notable for its large number of excellent games (including live casino games). The overall design of the website and the UI of the games help to create an enjoyable and smooth experience. In total, more than 70 top-tier software providers are represented, although the casino does not offer any sports betting options at the moment.TechSolutions Group, the company behind Bizzo Casino, has two different licenses: one from the government of Curacao and one from the Kahnawake Gaming Commission. This also helped establish the casino’s credibility.

Bizzo Casino Key Facts

The highlights of our Bizzo Casino review can be found in the table below.

Welcome bonus 150% up to €400 + 150 Free Spins
Bonus code None for the welcome bonus
CASH, SPIN, THU for other bonuses
Available game types slots, roulette, blackjack, poker, craps, bingo, Plinko, arcade games
Live games Yes
Available sports None
Live betting No
Payment methods
  • Credit cards (Visa, MasterCard)
  • Cryptocurrencies (Bitcoin, Ethereum, Litecoin, Dogecoin, Tether, Ripple, Cardano)
  • eWallets (Skrill, Neteller, Luxon, eZeeWallet, AstroPay, Jeton, Sticpay, Perfect Money)
  • Google Pay, Apple Pay
  • Vouchers (Paysafecard, Cash2Code, Neosurf, Flexepin)
  • Bank transfers
Minimum deposit €10, but €20 to activate the welcome bonus

Visit Bizzo

Bizzo Casino Bonuses & Promos 

Bizzo Casino has multiple bonus deals offering both free spins and additional funds, but there are certain conditions that have to be met first. Let’s take a closer look.

Bizzo Casino Welcome Bonus Offers

Bizzo Casino welcome bonus is actually a package of benefits a new player can get because it includes both free spins and extra funds. The casino will match any initial deposit of up to €100 and provide 100 free spins for Dig Dig Digger or Mechanical Clover slots.Bizzo Casino First Deposit BonusIt’s worth noting that your free spins will be split into two batches – the first half arrives immediately, while the other comes 24 hours after the deposit is made.To claim this bonus, you only need to create an account and make a deposit. However, the bonus does have a x40 wagering requirement, and the maximum bet is capped at €5 (this only applies if the bonus is active).

Existing Customer Promos

Existing players also have something to look forward to because every deposit made on a Monday will be accompanied by some free spins. 20 free spins are awarded for the minimum deposit (€20), 50 spins for a deposit of €50 or more, and 100 spins for a €100 deposit.On Thursdays, players can get a reload bonus of 50% (up to €200) usable in Magic Cauldron – The Enchanted Brew.Bizzo Casino’s welcome offer also extends to a bonus for a player’s second deposit. In this case, they will receive 50% of the funds deposited, up to €300, and 50 free spins, but only for Johnny Cash or Elvis Frog in Vegas. The same wagering conditions as for the welcome bonus apply.

Bizzo Casino Loyalty Program

The Bizzo Casino VIP program consists of 30 levels that players can scale the more they play on the casino’s website. The first five levels award an increasing number of free spins, whereas from level 6 this changes to cash prizes, starting with €5. Level 30 awards a whopping €150,000.Bizzo Casino VIP ProgramThe idea is simple: for every €15 bet on any of the games, players receive one comp point. As the number of comp points grows, so will the player’s VIP level, which means better prizes.The rewards won this way have to be turned over three times before they can be withdrawn.

Bizzo Casino Bonus Promo Codes

In order to activate Bizzo’s existing customer promos, you must input a specific code when making a deposit. If the conditions are met, the code will activate the bonus. However, there is no Bizzo Casino bonus code needed for the welcome bonus – this is triggered automatically.

Bizzo Casino bonus codes:

  • CASH – to activate the second deposit bonus
  • SPIN – for Monday free spins
  • THU – Thursday reload bonus

Bizzo Casino No Deposit Bonus Codes

Bizzo Casino doesn’t currently offer a no deposit bonus.

What Games Can You Play at Bizzo Casino?

There are more than 3000 Bizzo Casino games available, and pretty much all of them run extremely smoothly. 

Slots

Slots are this casino’s bread and butter as they form the majority of the games (about two-thirds of the titles are slots). In fact, this casino is right up there with the best Bitcoin slots sites. There are plenty of different types of slots to choose from, be that classic slots or jackpot slots, and a range of fun themes including adventure, horror, science fiction, etc.Bizzo Casinos Games LibraryIt’s important to note that only slots contribute to meeting the turnover requirement for the bonuses players receive.When it comes to some particular titles that caught our eye here, games like Wolf Gold by Pragmatic Play and Felix Gaming’s Book of Annuaki certainly deserve to be mentioned. Then there’s also Johnny Cash, Four Lucky Diamonds, the latter of which offers multiple play areas. After certain conditions are met, you can unlock additional reel sets – which provide more chances to win big.

Roulette

there are plenty of roulette titles at Bizzo to keep players happy. All the main types of roulette are represented, including American, European, French, and fun variations like Bonus roulette. Bizzo Casino partners with game developers that employ random number generators to come up with the outcome for every round. Therefore, players can rest assured every game is 100% fair.

Blackjack

Blackjack is another big group of Bizzo Casino games, and it covers all the most popular sub-genres: Classic, European, American, Atlantic City, and more. Some top-quality providers are represented in this category, from Pragmatic Play to Evolution Gaming and Playtech, so the quality of games is perfect. Great graphics and technical perfection create an excellent blackjack experience.Some of the titles we recommend here are Blackjack Classic 1-72 and Lightning Blackjack by Evolution and Blackjack Lobby by Playtech, but there are many other options, so a little bit of digging will go a long way.

Poker

The only part of Bizzo Casino’s library we have some criticism of is its poker lobby. Sure, there are several different types of poker one can play here, such as Caribbean Stud, Texas Hold ‘Em, and Three Card Poker, but it is clear that the focus was on other types of games.

Live dealer

After slots, live dealer games are the best part of Bizzo Casino’s library. About 15 different developers such as Evolution Gaming and Pragmatic Play deliver more than 200 different titles, so the fans of this type of games can really enjoy themselves. Poker, blackjack, roulette, and baccarat are all covered, while game shows such as Deal or No Deal, Monopoly Live, Dream Catcher, and many others are available, too.Bizzo Casino Live GamesThe dealers are very very professional and excel in ensuring you have a fun experience, never crossing the line but always doing their best to keep players engaged and happy. They are certainly one of the main reasons why this part of the website is so popular. The interfaces for each game – like Treasure Island, Crazy Pachinko and Lightning Roulette – we played were well-designed, which made for a fantastic overall experience.

Other games

Apart from all these games, there are a few other genres one can enjoy here. The most prominent example of that is Bizzo Casino’s fast games, which are sometimes referred to as arcade games by other casinos. These include the likes of Plinko, Minesweeper, Aviator, Limbo Cat and others.There are also various dice and bingo games available.

Bizzo Casino Sports Betting

Bizzo Casino does not offer sports betting options at the time of writing this review. For alternative options, check out our guide to the best Bitcoin sports betting sites.

What Software Does Bizzo Casino Use?

There are over 70 game developers represented at Bizzo Casino, including Pragmatic Play, Evolution Gaming, Microgaming, and Betsoft – all represented by titles as popular as Buffalo King Megaways, Bonanza, Thunderstruck II and Gypsy Rose.The games run perfectly and look fantastic. Players will be able to quickly immerse themselves in the experience – great graphics, beautiful visual effects, and the accompanying sound effects all combine for instant enjoyment. 

Bizzo Casino Deposits & Withdrawals

One of this casino’s greatest strengths is the amount of deposit and withdrawal options available, and Bizzo is one of the fastest payout online casinos. It is possible to use both fiat and cryptocurrencies, with the minimum deposit being set to €10 (although a new player has to deposit double that amount if they want to get the welcome bonus).Bizzo Casino Payment OptionsBizzo Casino is a casino that accept credit cards (Visa or MasterCard), accepts one of the numerous wallets such as AstroPay, Skrill, ecoPayz, eZeeWallets, etc., or a cryptocurrency (Bitcoin, Ethereum, Litecoin, Dogecoin, Tether, Ripple, Cardano). Even bank transfers are available!The same goes for the withdrawal methods: the are are plenty to choose from, and the minimum requirement is once again €10, except for bank transfers (€35). However, there are daily, weekly, and monthly caps in this case (€4,000, €16,000, and €50,000, respectively). Bizzo Casino does not charge any fees, but this may not be the case with every payment method provider, so it may be wise to check that before initiating any transfers.All requests are usually processed in a couple of hours, although the time it takes for the money to reach its final destination will depend on the payment method used. Still, the maximum waiting time is five days.

The casino also has account verification and KYC procedures in place to prevent money laundering. Completing these processes will allow players to fully utilize the speed with which the casino processes withdrawal requests. Otherwise, getting a request approved may take a while.

Payment method Min. deposit Min. withdrawal Withdrawal time
Credit cards  €10 €10 up to 72 hours
Cryptocurrencies  €10 €10 up to three hours
eWallets €10 €10 up to 72 hours
Google Pay, Apple Pay €10 €10 up to three hours
Vouchers €10
Bank transfer €35 €35 up to five days

Bizzo Casino Interface & User Experience

Using this website is very easy and intuitive. The screen is never cluttered, but it’s never barren either – there’s always the right amount of items there to show the richness of the casino’s offer without it ever being overwhelming.Finding the right game is also very simple because it is possible to search for a particular product using a search bar, but the games can also be filtered according to software providers or a particular type of game (slots, roulette, blackjack, etc.).The customer service is also commendable, especially since one can reach the team via live chat. This makes getting any answer very quick and easy. If the live chat is not available, there is a contact form and the casino’s email address on the website. The reply usually comes the following day.However, other Bizzo Casino reviews pointed out problems. Casanova.org noted that certain important information, like terms and conditions or bonus conditions, is hard to find, and Casino Guru found that certain sections of Bizzo’s terms and conditions seemed unfair to players.

We recommend familiarising yourself with every aspect of any casino site you visit, and Bizzo is no exception. We found their customer support team to be keen and knowledgeable, ensuring a safe and comfortable experience.

Does Bizzo Casino Have a Mobile App?

Bizzo Casino does not have a special app players can download and use to play the games that way but this is because there is absolutely no need for it.The website works flawlessly on all mobile devices, so accessing it via a browser is smooth and effortless. In fact, the experience is just as good as on a desktop computer.The only difference is that the main menu is at the bottom of the screen, not in a drop-down form in one of the upper corners.Any player can access the website in a few taps and not lose absolutely anything when it comes to the gaming experience here. However, if you prefer playing in apps, you can check out our best casino apps list here.

Bizzo Casino Security

As mentioned at the start of our Bizzo casino review, this casino (owned by TechSolutions Group) has two different licenses: a Curacao Gaming Control Board license (number 8048/JAZ2017-067) and a Kahnawake Gaming Commission (number 00867). While the Curacao license is a standard in this industry, it is very commendable that the casino went ahead and acquired another license. This isn’t something seen very often, and it speaks volumes about the casino’s reliability that it was able to fulfill the criteria for multiple licenses.Furthermore, this website has a valid SSL certificate, meaning all of the data on it is encrypted for maximum protection. All of the payment methods are reliable and work flawlessly and it’s possible to activate 2FA in a profile for an additional layer of security.

Pros

  • Two different licenses
  • Numerous payment methods
  • Second deposit bonus
  • Numerous games and top-tier providers
  • Minimum deposit requirement of €10

Cons

  • No sports betting
  • Only a few poker titles

The Verdict

As this Bizzo Casino review has shown, there are plenty of very good reasons why the website has managed to maintain and even grow its presence since 2021. It is a reliable, fun casino where every player can find something appealing.Most of the games are slots, but there’s also a great live casino to enjoy. Games like craps, bingo, and blackjack wrap up the selection nicely, and it’s worth pointing out that the providers available are some of the best in the industry.But the most impressive features are the number of available payment methods and the fact that the casino has not one but two licenses. These two factors combined show how much Bizzo Casino cares about its players’ security because all of the methods are perfectly reliable, and the licenses come from trusted and well-known sources.In conclusion, this is exactly the kind of online casino a player should be on the lookout for if they’re looking for a place where they can simply relax and enjoy. It is a reliable, fun website with plenty of great games, an intuitive interface, and excellent support. In short, a casino we can wholeheartedly recommend.

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FAQs

Is Bizzo Casino legit?

Yes, Bizzo Casino is absolutely legit. It has two different gambling licenses, plenty of reliable payment methods, an SSL certificate, and the option for every player to turn on 2FA.

What games can you play at Bizzo Casino?

Bizzo Casino offers more than 3000 games, with slots being the most numerous category. There is also a fine selection of live games, bingo, craps, and roulette.

What is the Bizzo Casino welcome bonus?

The casino will match your first deposit 100% up to €100 and add 100 free spins for Dig Dig Digger or Mechanical Clover. Second deposits bring 50% up to €300 and 50 free spins.

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10 Best Cold Wallets for 2024 – Safest Crypto Cold Storage Solutions https://cryptonews.com/guides/10-best-cold-wallets.htm Fri, 19 Jan 2024 11:30:00 +0000 https://cryptonews.com/?p=126852 Cold wallets, also known as hardware wallets, are one of the safest storage solutions for your cryptocurrencies. That’s because they store your wallet’s seed phrase offline while being encrypted. In other words, if a hacker compromises your computer, they won’t be able to see the seed phrase and steal your funds. What’s more, hardware wallets […]

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Cold wallets, also known as hardware wallets, are one of the safest storage solutions for your cryptocurrencies. That’s because they store your wallet’s seed phrase offline while being encrypted. In other words, if a hacker compromises your computer, they won’t be able to see the seed phrase and steal your funds.

What’s more, hardware wallets require that you authorize each transaction by pressing physical buttons. So unless someone holds your hardware wallet and knows your PIN number to unlock it, they can never transfer funds out of your cold wallet. Given that over $1.75 billion worth of crypto was stolen in hacks last year, having a cold storage wallet could have saved you from being in such a statistic.

To find the best cold wallets this year, we compared multiple options in terms of features and ease of use. Read more to find our top picks.

The Top 10 Cold Wallets Ranked 

In 2024, cold wallets remain the gold standard for cryptocurrency security, with top contenders like Ledger Nano S Plus and Trezor Safe 3 leading the market.

  1. Ledger Nano S Plus — The best crypto cold wallet that comes with over 5,500 coins and tokens supported, and a companion app that lets you buy coins with a card, transfer coins or stake them to earn passive income while enjoying the Ledger safety.
  2. Trezor Safe 3 — This is a popular cold storage wallet that aside from protecting your coins, you can obscure your crypto transactions or use Shamir Backup to restore your account.
  3. Ledger Stax — A premium cold wallet designed for NFT enthusiasts. It boasts Bluetooth connectivity and wireless charging, as well as a large E Ink touchscreen.
  4. Trezor Model T — Trezor’s premium model comes with an additional safety feature via a micro SD card slot that further protects access to your funds with an encrypted PIN. It also comes with LED touchscreen buttons.
  5. ELLIPAL Titan Cold Wallet — Leading crypto cold wallet designed with 100% protection via full metal cover, air-gapped and with self-destruct technology in case of device tampering.
  6. Blockstream Jade — A Bitcoin-only wallet that comes with one of the lowest prices for a cold wallet. It supports multisig technology for approving transactions, a camera for scanning QR codes and more.
  7. SafePal S1 — Popular crypto wallet with air-gapped transaction signing, QR code scanning camera and over 10,000 supported coins.
  8. SecuX V20 — An excellent cold wallet with a color touchscreen, Bluetooth connectivity and over 10,000 supported coins and tokens.
  9. CoolWallet Pro — is a credit card-sized crypto wallet with a strong battery that lasts up to two weeks. It connects to your smartphone via encrypted Bluetooth where you can stake your coins or make transactions.
  10. KeepKey — An affordable cold wallet with Thorchain exchange integration for seamless swapping of coins.

The Best Cold Crypto Wallets Reviewed

Let’s explore the most popular cold storage wallets that crypto investors are using right now to secure their altcoin holdings. 

1. Ledger Nano S Plus — Overall Best Cold Crypto Wallet, Supported By Live App

This is Ledger’s entry-level wallet. But don’t let this fool you. Ledger Nano S Plus offers the same functionality as the more expensive Ledger Nano X. The main difference between the two is that the Ledger Nano X has Bluetooth and it feels like it’s made with higher-quality materials.

Ledger Nano S Plus


The app that all Ledger devices use is called Ledger Live. This is both a mobile app and a desktop app. You can use it to buy coins with a credit card, swap them using decentralized exchanges like 1Inch and others, or stake your coins.

Ledger Nano S Plus supports over 5,500 coins, which is the same as the more expensive Nano X version, and you can also hold NFTs in your wallet.

Since it doesn’t support Bluetooth connectivity, you can connect your Ledger cold wallet via a USB-C cable with your smartphone or computer. This shouldn’t be a big deal if you mostly use your Ledger wallet for storing coins. If you plan to actively transfer coins or trade, the Ledger Nano X could be the better option due to its Bluetooth support.

Ledger’s support is top-notch. If something happens to your device, say it breaks or malfunctions, Ledger will send you a replacement free of charge. All this makes Ledger Nano S Plus the best cold wallet in 2024.

Pros

  • Ledger Live mobile and desktop app
  • Supports staking, swapping and buying with a card
  • Over 5,500 coins and tokens supported
  • Multiple accessories to customize your Ledger

Cons

  • No Bluetooth
  • No wallet seed phrase backup recovery yet
Price ~$79 depending on your region
Supported coins 5,500
Bluetooth No
Companion online wallet Yes
Our rating 5/5

2. Trezor Safe 3 — Obscure Transactions & Restore Your Seed Phrase if Lost

Trezor Safe 3 is the best offering from Trezor because it offers the same functionality as the most expensive cold wallet but at an affordable price. Trezor Safe 3 comes with a monochromatic OLED screen where you can see the transaction information, and USB-C connectivity since it doesn’t have Bluetooth.

This shouldn’t be a dealbreaker, though, as cold wallets are designed for long-term storage and not active trading.

Trezor Safe 3

Some of the safety features of this Trezor cold wallet include the Secure Element (EAL6+) and the passphrase to unlock your device, which makes it hard for hackers to steal your assets. Another feature of Trezor cold wallets is the Shamir Backup, which splits your seed phrase into up to 16 pieces to help you recover your seed phrase if you lose it, meaning if you lose one piece or it gets stolen, you can still recover your assets.

As a companion to this Trezor cold wallet is the Trezor Suite app available on mobile, desktop and browser. Via the app, you can send, receive and trade over 8,000 cryptocurrencies

Unlike most cold wallets, Trezor has open-source software, which can be examined by anyone to ensure it’s safe. Another interesting feature is that you can go incognito with Coinjoin, which lumps multiple transactions into one, thus obscuring your transactions, and you can protect your identity with Tor.

Pros

  • Trezor Suite mobile, browser and desktop app
  • Supports sending, receiving and trading via the app
  • Affordable price

Cons

  • No Bluetooth
Price ~$79 depending on your region
Supported coins 8,000
Bluetooth No
Companion online wallet Yes
Our rating 4/5

3. Ledger Stax — Store Over 5,000 Cryptocurrencies, Wireless Charging & Bluetooth Connectivity

Ledger Stax is one of the most innovative cold wallets you can find. It looks like a small ebook reader because of its curved E Ink touchscreen. Because of that, it is mostly designed for storing your NFT collections because you can put your favorite NFT on the screen like an ebook cover.

Aside from its interesting design, it supports wireless charging, Bluetooth connectivity and it’s highly customizable. This means you can connect your Stax with your Ledger Live mobile app and sign transactions without using cables.

Ledger Stax

As the name suggests, you can “stack” multiple Stax wallets one on top of the other, if you have multiple wallets. For example, one Stax could hold your Ethereum NFTs, a second one could store your Solana NFTs, and a third could store your coins.

Of course, one Stax is enough to hold all of the above. But if you want to have multiple Stax’s, say one for yourself, another for a family member, all with different screen images, you can easily do so.

Similar to the other two Ledgers, Stax uses the Ledger Live mobile and desktop app to swap coins, stake coins or buy them with a card. Also, the Ledger Live app is used to update your cold wallet’s firmware.

With all these features and functionality, Stax comes with an eye-watering price of around $279, which is on the higher end compared to other cold wallets. Despite that, if you are an NFT enthusiast and you can afford it, Stax is one of the best cold wallets you can get.

Pros

  • Ledger Live mobile and desktop app
  • Supports staking, swapping and buying with a card
  • Bluetooth and wireless charging
  • E Ink touchscreen

Cons

  • More expensive than other cold wallets
Price ~$279 depending on your region
Supported coins 5,500
Bluetooth Yes
Companion online wallet Yes
Our rating 4/5

4. Trezor Model T — Color Touchscreen Buttons & Added Protection Via MicroSD Card Encrypted PIN

Trezor Model T is Trezor’s premium model that comes with a color LCD touchscreen instead of physical buttons and a micro SD card slot. The first is mostly a design feature, while the second is a premium protection feature. The way it works is, if you enable it, a randomly generated secret is stored on the SD card that you can insert into your Trezor Model T for extra protection.

Everything else is the same as with the other Trezor models. For example, you get access to a mobile, desktop and browser app called Trezor Suite. This comes with coin swapping and trading, as well as sending and receiving coins.

Trezor Model T

If you want to obscure some of your transactions, you can do so with Coinjoin, which, as the name suggests, “joins” multiple transactions into one to make it hard for outsiders to tell which transaction was yours. This feature is available to the other Trezor models as well.

Some of its safety features include the Secure Element (EAL6+) and the passphrase to unlock your device, which makes it hard for hackers to steal your assets. Another safety feature of Trezor cold wallets is the Shamir Backup. This splits your seed phrase into multiple pieces and even if one piece gets lost or is stolen, you can still recover your assets with the remaining pieces.

Pros

  • Trezor Suite mobile, browser and desktop app
  • Supports sending, receiving and trading via the app
  • LCD Touchscreen
  • Micro SD card protection

Cons

  • No Bluetooth
Price $219 depending on your region
Supported coins 8,000
Bluetooth No
Companion online wallet Yes
Our rating 4/5

 

5. ELLIPAL Titan Cold Wallet — Fully Metal-Sealed With Auto-Self Destruct if Tampering is Detected 

ELLIPAL Titan Cold Wallet is one of the leading cold wallets due to its safety features and usability with an affordable price compared to similar cold wallets.

For starters, the Titan Cold Wallet is designed with 100% security in mind. It’s air-gapped, meaning there’s no Bluetooth, WiFi or cellular connection, and it uses anti-disassembly and anti-tamper technology that it “self-destructs” if it detects tampering. 

ELLIPAL Titan Cold Wallet

The wallet firmware is updated offline using micro SD cards, meaning you don’t need a US connection to update it. Also, you can activate two-factor authentication, PIN or password to unlock your device.

The wallet supports over 10,000 coins and NFTs without installing any apps as you need with other cold wallets.

Pros

  • Anti-tampering removes your information from the device
  • 10,000 coins and NFTs supported
  • Micro SD card protection

Cons

  • No Bluetooth or WiFi connection
Price $169 depending on your region
Supported coins 10,000
Bluetooth No
Companion online wallet Yes
Our rating 4/5

 

6. Blockstream Jade — Bitcoin-Only Crypto Cold Wallet With Multisig Technology

Blockstream Jade is a Bitcoin-only cold wallet that comes with several unique features, including a camera for scanning QR codes and multisig technology that requires multiple keys to send a transaction, which makes it even harder for hackers and scammers to steal your funds.

With multisig, there are two keys: the first key is held on your device, which is backed by your seed phrase, and the second key is held on the Blockstream Green servers, which are protected by two-factor authentication.

Blockstream Jade

Blockstream Jade’s QR camera is another safety feature that allows you to scan QR codes and sign transactions without connecting to any other device like your computer or smartphone.

Despite that, this cold wallet also comes with Bluetooth and USB-C connectivity. To manage your crypto portfolio, there’s a wallet called Blockstream Green, which supports multisig security and Tor for privacy.

With all these features and a price of $64.99, this is a cold wallet worth considering especially if you only want to hold Bitcoin in your crypto portfolio.

Pros

  • Affordable price
  • Bluetooth
  • Camera for scanning QR codes
  • Multisig support

Cons

  • Doesn’t support altcoins
Price $64.99
Supported coins Bitcoin
Bluetooth Yes
Companion online wallet Yes
Our rating 4/5

 

7. SafePal S1 — Over 10,000 Coins and Tokens Supported For Just $49.99 

SafePal S1 is one of the most affordable cold wallets you can get. It offers 100% air-gapped transaction signing, meaning there’s no Bluetooth, WiFi or USB connection.

It can store coins, tokens and NFTs of over 100 blockchains, including Bitcoin, Ethereum, Solana, Ripple, Binance and more. But to manage your portfolio, you need to download the SafePal app.

SafePal S1

The SafePal app is designed to simplify your crypto and NFT management, meaning you can transfer and trade your crypto assets fast and easily. You can access decentralized applications or make cross-chain swaps and yield farms with DeFi and Binance Earn products.

Unlike most cold wallets that require some sort of connection to a computer or a smartphone to approve transactions, SafePal 1 uses QR scanning with its integrated camera to provide 100% air-gapped transactions.

Pros

  • Affordable price
  • 100% air-gapped
  • Camera for scanning QR codes
  • 10,000 coins, tokens and NFTs supported

Cons

  • No Bluetooth
Price $49.99
Supported coins 10,000
Bluetooth No
Companion online wallet Yes
Our rating 4/5

 

8. SecuX V20  — Color Touchscreen, Bluetooth And Over 10,000 Coins Supported 

SecuX V20 is a solid crypto cold wallet that offers the same functionality as some of the leading cold wallets at a competitive price.

This cold wallet comes with a Bluetooth connection, meaning you can sign transactions wirelessly from your phone or computer. It also comes with an LCD touchscreen, making monitoring your portfolio easy as you don’t need access to your phone or computer to track token prices.

SecuX V20

The device’s security is enhanced with a PIN unlock or a passphrase. Unless someone knows either of these, they won’t be able to access your cold wallet.

With SecuX web and desktop app, you can send and receive coins and manage your crypto portfolio. With the SecuX mobile apps for iOS and Android, you can update your device’s firmware. 

Pros

  • Bluetooth
  • LCD touchscreen
  • Over 10,000 coins and tokens supported

Cons

  • App isn’t as user-friendly as competitor apps
Price $139
Supported coins 10,000
Bluetooth Yes
Companion online wallet Yes
Our rating 4/5

 

9. CoolWallet Pro  — Credit-Card-Sized Cold Wallet With Integrated Staking

CoolWallet Pro is a cold storage crypto wallet that looks like a credit card. Despite the minimal size, it can connect to your mobile app via Bluetooth where you can send, receive and even stake your coins.

The wallet supports Binance DEX, WalletConnect used for safe connection with decentralized and centralized exchanges as well as support for NFTs via OpenSea and Rarible.

Cool Wallet Pro

On top of supporting over 12,000 coins, Cool Wallet Pro supports staking for Polkadot, Tron and Cosmos. What’s more, you don’t need to have your wallet constantly connected to your phone. You can charge it and the battery will hold up to two weeks without charging, which is more compared to similar cold wallets.

Cool Wallet Pro’s mobile app is compatible with Android and iOS devices. But there’s no desktop or web app at the moment.

Pros

  • Bluetooth
  • Sleek design
  • Over 12,000 coins and tokens supported

Cons

  • No desktop companion app
Price $149
Supported coins 12,000
Bluetooth Yes
Companion online wallet Yes
Our rating 4/5

10. KeepKey — Affordable Option With Native Thorchain Exchange Integration 

KeepKey is an affordable cold wallet with integrated Thorchain exchange for seamless swapping of coins and a Dapp Store where you can connect to decentralized applications like OpenSea to exchange NFTs, Uniswap, Etherscan and 1inch exchange.

To access the Dapp Store, you need to download the KeepKey desktop app. Via the app, you can manage your crypto portfolio by exchanging or transacting over 2,500 supported coins and NFTs.

KeepKey

To increase your wallet’s security, KeepKey supports a PIN number or two-factor authentication to access your device. This means even if someone steals your KeepKey wallet, they won’t be able to access it unless they can go through these two safety features.

Given the wallet costs around $79, there are no premium features like Bluetooth or wireless support. You’ll need to use a micro USB cable to connect to your computer to authorize transactions.

Pros

  • Affordable price
  • 2,500 coins and tokens supported
  • Desktop app

Cons

  • No Bluetooth or WiFi connection
Price $78 depending on your region
Supported coins 10,000
Bluetooth No
Companion online wallet Yes
Our rating 4/5

 

What is a Cryptocurrency Cold Wallet?

A crypto cold storage wallet, also known as a hardware wallet, is a device with specifically designed hardware to encrypt and store your wallet’s seed phrase offline and in a safe environment. Hot wallets, on the other hand, store your seed phrase online. If a hacker has access to your computer, they can see your seed phrase and use it to steal your funds.

Cold wallets typically have physical buttons, or touchscreen buttons depending on the device, which are used for signing transactions on the blockchain. This makes it hard for scammers and hackers to steal your funds unless they physically hold the device. What’s more, each cold wallet is locked with a PIN number, a passphrase or 2FA. The fraudsters will also need to know that to unlock your wallet.

Ledged crypto app
Using a companion app, these wallets can store crypto assets including cryptocurrencies and NFTs. You can also trade, swap, stake and more with these apps, giving cold wallets the same functionality as hot wallets but with added security.

What’s more, you can connect your cold wallet to a hot wallet like MetaMask or Phantom, which makes connecting to DeFi applications seamless. For every transaction you make, you will have to sign it with the buttons on your device.

Our Methodology  – How We Rated the Best Crypto Cold Storage

In order to present our list of the best crypto cold wallets, we developed a methodology that involved looking at several key features. The best cold storage wallet solutions are the ones that tick the most boxes on this list.

  • Security Features – Naturally, this was our highest priority. We checked that the wallets use strong encryption methods to protect your private keys, allow you to set a secure PIN or password to access the device and the information contained within, and have reliable backup and recovery options.
  • Supported Cryptocurrencies – Not all wallets support the same range of digital assets, so we wanted to make sure that the cold wallets we chose supported the widest range of cryptos possible. 
  • User-Friendly Interface – This list features wallets that as a whole, have intuitive and user-friendly interfaces, suitable for people who are new to the world of crypto, as well as long-time holders.
  • Transparency – Between open-source and closed-source wallets, we will always favor open-source wallets that let the community review and audit the code for security, enhancing transparency.
  • Community Reputation, Reviews, and Ratings – We researched and read reviews from other users, giving priority to wallets that had positive feedback and a solid reputation in crypto circles.
  • Manufacturer History and Reputation – We researched the manufacturer’s history to make sure that our top picks come from established and reputable companies. 
  • Security Audits – Our highest-ranked wallets have undergone third-party security audits, have multi-sig functionality, and can operate in an air-gapped (offline) environment, to reduce the risk of online attacks.
  • Price – Last but not least, we considered the cost of the wallet. Security is vital, but you don’t want to break the bank buying a wallet – otherwise, you’ll have nothing to store there. 

How do Cold Wallets Work?

All cold storage crypto wallets have a seed phrase, consisting of 12 or 24 words, which you can use to restore your wallet and access your crypto funds in case something happens to your computer or smartphone. That’s because your crypto wallet and assets are stored on the blockchain. Using the seed phrase you actually prove that you own the cold wallet crypto.

Cold Wallets Store Your Seed Phrase Offline

Cold wallets generate and store the user’s private keys on the physical device. This means the seed phrase is never exposed on your computer screen while you’re connected to the Internet. This way, hackers can never see your seed phrase via your computer even if your computer is compromised.

If the user needs to restore a private key, they enter the seed phrase directly on the device itself, which is encrypted and offline.

You Need to Press a Button to Sign Transactions

Aside from keeping your seed phrase safe, cold wallets have another safety feature. You have to physically press buttons on the cold wallet to authorize transactions. This way, no one can authorize the transaction except the person who holds the cold wallet device.

To increase security, cold wallets use a PIN number, a passphrase or 2FA to unlock the device. If someone manages to steal your hardware wallet, they would need to know your access codes to unlock it.

Why Is The Seed Phrase Important?

The crypto wallet seed phrase, often made of 12 to 24 randomly generated words, is the backup key to your wallet. This sequence of words is linked to the private keys and acts as a mnemonic representation to retrieve access to the assets within the wallet.

For example, you create a crypto wallet and you don’t save the seed phrase. If you need to reinstall your operating system, someone steals your computer or your cold wallet breaks and you don’t know your wallet’s seed phrase, you won’t be able to access your digital wallet and your funds will be trapped.

To protect your seed phrase, you need to write it down on a piece of paper and store it somewhere safe. The best bitcoin cold wallet makers, like Ledger, sell metal seed phrase protectors that can withstand fire and damage.

 

Advantages of Cold Crypto Wallets

The main advantage of a cold wallet is enhanced security. Since you need to physically press buttons on the wallet, you are safe from remote access hacks. 

Enhanced Security

The main advantage of cold crypto wallets is their superior protection against online vulnerabilities. Cold wallets aren’t connected to the internet, making them immune to cyber attacks.

This includes protection from hacking attempts, phishing schemes, malware infections and other malicious activities. By storing private keys offline, cold wallets ensure that access to your funds is protected. 

Unauthorized Access Protection

Cold wallets require that you physically press a button to sign a transaction. In the unfortunate event that a malicious actor has gained access to your computer accounts and companion cold wallet app, they can’t move your funds without you pressing the buttons.

This acts as a physical barrier against unauthorized access and theft, giving you peace of mind that your funds are protected even when you sleep.

Long-Term Safekeeping

Crypto cold wallets are designed for the long-term storing of your crypto assets. That’s because the safety feature of pressing buttons to authorize transactions can become a nuisance if you plan to use your cold wallet device for active trading. What’s more, active trading requires that you connect to multiple decentralized apps, which could potentially pose a threat if they’re hacked.

Unlike hot wallets, which are designed for frequent transactions and daily use, cold wallets are better suited for “hodling”, which is for keeping your assets safe long-term.

Immune to Platform Failures

Online platforms and exchanges are known to experience downtimes, glitches and even hacks. For example, DeFi exchange Curve Finance had various Ethereum pools hacked where $52 million were stolen.

CoinEx lost $54 million in a hack. If you had funds in these two platforms or any other where the assets were compromised, you could have lost all your funds.

Cold wallets eliminate this risk because you have full control over your assets and how they move.

Cold Wallets vs Hot Wallets

Both cold wallets and hot wallets are designed to store your digital assets like cryptocurrencies and NFTs. But there are some differences between the two.

Assets Safety

One of the main differences between cold wallets and hot wallets is safety. Hot wallets provide you with a seed phrase visible on your computer screen or smartphone when you open a new wallet. Cold wallets, on the other hand, provide you with a seed phrase directly on the screen of the hardware wallet, which isn’t connected to the internet.

This means that unless someone looks directly at your hardware wallet’s screen when you read and write the 12 to 24 words, there is no way that they can know your seed phrase to steal your funds.

Transaction Execution

Another difference between these two types of wallets is how transactions are executed. You can sign transactions with one click using hot wallets, which makes it an excellent choice for frequent trading or using decentralized apps.

Cold wallets, however, have buttons that you have to physically press to sign the transaction. What’s more, you need to unlock your crypto cold wallet device with a PIN, a passphrase or 2FA. This makes signing transactions more complex but also safer.

Use Cases

Due to being safer, the best cold wallets are designed for long-term safekeeping. This means that once you buy your crypto assets, you send them to your cold wallet and you leave them there until you decide to sell.

Hot wallets are designed to be exploited daily. Connect your hot wallets to decentralized exchanges, yield farming protocols or NFT marketplaces and feel free to continuously sign transactions. You can always move your profits into your cold wallets for safekeeping.

How to Choose a Cold Cryptocurrency Wallet

Choosing the best cold wallet is a decision that requires weighing in several factors, including security features, supported cryptocurrencies, mobile app experience as well as pricing.

Security Features

This is the main reason to get a cold wallet. But there are nuances that you have to consider as not all cold wallets are created equal. For example, some users prefer Bluetooth connectivity so they can easily sign transactions on their smartphones without using cables.

Other users may consider Bluetooth as a liability and prefer to have air-gapped devices, meaning they have no wireless contact of any kind that could compromise security.

Also, look for wallets that have a proven track record of security, like Ledger and Trezor, which employ strong encryption methods. Additionally, consider the wallet’s recovery options. In case the wallet is lost or damaged you will have to use your seed phrase to access your wallet.

But sometimes you could lose your seed phrase as well. Every Trezor cold wallet has a solution for this via something called Shamir Backup where you split your seed phrase into several pieces. If one piece is lost or stolen, you can still recover your wallet.

Ledger Recover

Ledger has recently employed a similar wallet recovery feature called Ledger Recover. This is a paid feature where you have to submit valid ID documents and a selfie recording. Once approved, your device will encrypt your seed phrase and split it into three fragments, which will be used to recover your seed phrase. Because your seed phrase is locked to your ID, you can be the only one who can request the recovery fragments.

What is Shamir Backup?

Shamir Backup is a security standard that aims to protect your seed phrase. The way it works is your seed phrase is split up into pieces, called recovery shares, and you can store them at various places. If one of the pieces is lost or damaged, you can still recover your assets.

Recovery shares are sequences of 20 or 33 words that carry part of the cryptographic secret. When you combine the number of shares you create a master seed, which you can use to recover your wallet.

Supported Coins

Most crypto cold wallets support the most popular coins like Bitcoin, Ethereum and Solana, but they also support thousands of other coins and tokens. However, some wallets, like Blockstream Jade, support only Bitcoin and no other coin.

That is why you have to consider what you really need before buying a cold wallet. If you only want to hold Bitcoin and sell it in 10 years, then Blockstream Jade could be a perfect wallet; it’s cheaper, it’s reliable and it’s safe. But if you want to store multiple coins and do multi-chain swaps, then Trezor or Ledger wallets are typically the way to go.

Companion Mobile App

Even though cold wallets are designed to be offline storage devices, most of them come with companion mobile apps that allow you to monitor your portfolio, to initiate transactions, to stake your idle coins, to use decentralized apps like Uniswap and 1inch exchange, and more.

That is why it’s important to consider cold storage wallets that meet your requirements. Ledger’s Ledger Live app is one of the best companion apps, where you can stake your idle coins. This feature isn’t available in most other cold wallet apps.

Another valuable app is the Trezor Suite, which has similar functionalities to Ledger Live, but it can also help obscure your transactions with Coinjoin.

Trezor Suite

Device Cost

Recently, it was revealed that Mark Cuban lost nearly $900,000 to crypto hackers by installing a fake MetaMask app. If this happened to him it could happen to everyone. That’s why it’s important to own a cold wallet and never share your seed phrase regardless of the device’s cost.

However, if two or more devices share a similar price point while offering the same functionality, you could spend the extra money investing in crypto. Compare the wallets you are willing to get and see whether paying a premium is worth it.

Limitations of Cold Wallets

While cold wallets offer security advantages, there are some limitations to consider. Before opting for a cold wallet, weigh the benefits against the potential inconveniences associated with cold storage.

Susceptible to physical attacks. Someone could steal your hardware wallet or it could be damaged or lost. If you don’t have your seed phrase ready, you won’t be able to recover your assets.

Regular transactions. Cold wallets are designed for storage, which makes them inconvenient for everyday transaction signing. That’s because you have to physically press a button every time you wish to make a transaction. If you’re making hundreds of transactions each day, it could be tedious to approve them every time on your hardware wallet.

Cost. While hot wallets are free to use, cold wallets come with a purchase price. Of course, this is a small price to pay for the safety of your crypto assets. But you still have to weigh in whether you really need a cold wallet or not for your intended use cases.

Conclusion

The 10 best cold wallets for 2024 stand out not only for their robust security features but also for their user-friendly companion apps, a wide range of coin support and innovative functionalities. Whether you’re a beginner in the crypto space or a seasoned investor, buying a cold wallet is probably one of the most prudent investments you can make.

Consider one of the three Ledger devices to hold your crypto assets. These are some of the best cold storage wallet solutions on the market, with strong safety features and a mobile app that lets you stake your coins or trade them whenever you want.

Ledger S Plus supports over 5,500 coins for an affordable price. But if you’re looking for Bluetooth connectivity, Ledger Nano X could be a better option.

Cold Wallet FAQs

What is a cold wallet in crypto?

A cold wallet is a hardware wallet that holds the seed phrase offline.

What is an example of a cold wallet?

Ledger Nano S Plus and Trezor Safe 3 are cold wallets.

Which is the best cold crypto wallet for crypto?

The best cold crypto wallets are Ledger Nano S Plus and Trezor Safe 3 because they offer top-notch security features with companion apps for an affordable price.

Are cold crypto wallets safe?

Yes, cold crypto wallets are safe as long as you keep your seed phrase offline.

Are cold wallets worth it?

Yes, cold wallets are worth it if you’re looking for safe storage for your crypto assets.

What happens if your cold storage wallet breaks?

If your cold storage wallet breaks, you can order a new one and import your seed phrase. Your crypto assets are on the blockchain and they aren’t lost.

What is the most secure crypto cold wallet?

Some of the most secure crypto cold wallets are all wallets from Ledger and Trezor.

Should I put my crypto in a cold wallet?

Yes. This is the safest way to store your cryptocurrencies. Also, never share your wallet seed phrase with anyone or keep it on your computer.

Does my crypto still grow in a cold wallet?

Yes, if you stake it. For example, Ledger Live, Ledger’s companion app lets you directly stake your coins from within the app, never leaving your wallet.

Is Coinbase wallet a cold wallet?

No, the Coinbase wallet is a hot wallet.

References

  1. Crypto Heists Surge in 2023, $16.93m Already Stolen in 2024 – Infosecurity-Magazine.com
  2. DeFi Exchange Curve Finance Confirms Various Ethereum Pools Hacked – Decrypt.co
  3. Mark Cuban lost nearly $900,000 to crypto hackers—how investors can avoid similar scams – CNBC.com
  4. North Korean Attackers Linked to $54M CoinEx Hack, Blockchain Data Suggests – Coindesk.com
  5. SD Memory Cards Secure Store Bitcoin and Other Cryptocurrencies Offline – SDCard.org

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Bitcasino Review, Bonuses & Promo Codes 2024 https://cryptonews.com/guides/bitcasino-review.htm Tue, 16 Jan 2024 16:03:48 +0000 https://cryptonews.com/?post_type=guides&p=152083.htm Bitcasino is one of the world’s first licensed crypto casinos and a hub for players today. It offers more than 3,000 casino games and an associated crypto sportsbook. Is Bitcasino the best place to bet today? Keep reading our Bitcasino review to find out. What is Bitcasino? Bitcasino, also known as Bitcoin casino, was one of […]

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Bitcasino is one of the world’s first licensed crypto casinos and a hub for players today. It offers more than 3,000 casino games and an associated crypto sportsbook.

Is Bitcasino the best place to bet today? Keep reading our Bitcasino review to find out.

What is Bitcasino?

Bitcasino, also known as Bitcoin casino, was one of the world’s first fully licensed online crypto casinos when it launched in 2014.  Bitcasino allows you to play casino games from top game providers using cryptocurrencies.

Owned and operated by Moon Technologies B.V., the casino complies with all the rules and regulations involving the safety of players’ information and funds.

The casino has a modern and user-friendly website design, featuring more than 3,000 casino games, and an affiliated sportsbook (branded as Sportsbet.io) where you can bet on all kinds of sports.

Bitcasino Key Facts

Bitcasino is an online crypto casino that offers more than just casino games.  Here are some basic facts to know about this casino.

Welcome Bonus No
Bonus Code No bonus code
Available Game Types Slots, Crash, Aviator, Roulette, Baccarat, Blackjack, Poker,
Live games Yes
Available Sports Soccer, Basketball, Volleyball, Tennis, American Football, Baseball, Alpine Skiing, Badminton, Bandy, Boxing, Cricket, Cycling, Darts, Golf, Handball, and more
Live Betting Yes
Payment Methods Bitcoin, Ethereum, Tron, Litecoin, Tether, Cardano, Dogecoin, Ripple, Binance USD, Binance Coin, Polygon, Open Network TON, Japanese Yen
Min. Deposit 0.007 mBTC, 0.00013 ETH, 0.002 LTC, 0.25 USDT, 3 TRX, 3.535 DOGE

Bitcasino Bonuses & Promos

To promote loyalty amongst their players, and to appreciate them for playing at the casino, Bitcasino offers their players various bonuses and promos. Unlike other top Bitcoin casinos, Bitcasino offers bonuses through tournaments and regular promotions instead of deposits made at the casino. All bonuses earned at the casino don’t have any wagering requirements.

Information on available promos and tournaments is usually sent to registered customers via email. These Bitcasino bonuses include:

Bitcasino Welcome Bonus Offers

Bitcasino welcomes new players on the platform with a welcome package that features two very exciting offers. These welcome offers include:

  • Welcome cash race: This offer allows you to win up to 1,000 USDT when you compete against other new players.
  • Welcome cashback: As a new player on Bitcasino, you can get 20% cashback worth up to 25,000 USDT. You need to opt-in to be eligible for this cashback offer.

Bitcasino Bonus Offers

Existing Customer Promos

Some of the available customer promos on Bitcasino currently include:

  • Referral Promo: When you invite friends to join the Bitcasino platform, you can get up to 5,000 USDT per referral.
  • Unstoppable cash drop by Kalamba Gaming: This promo is valid until the 31st of January 2024. You stand a chance to win a share of 80,000 USDT when you play the Kalamba slots on Bitcasino.

Reward Boost

Reward boosts are another way through which Bitcasino rewards its players. This feature allows you to boost your winnings during the boost period by the percentage indicated on your screen.

If you have an available casino boost, you will see a banner on the home page, where you will get more details about your boost. This includes eligible games you can boost, boost percentage, and the time until the boost expires.

Bitcasino Loyalty Program

Bitcasino’s loyalty program is a 7-tiered system that allows players to enjoy cashback, free spins on their favorite games, instant rewards, free chips, points multipliers, real money rewards, and no wagering requirements.

The seven loyalty levels are; Beginner, Fan, Expert, Master, Guru, Legend, and Hero.

  • Beginner: 0 – 4 loyalty points (You gain 1x multiplier)
  • Fan: 5 – 3,749 loyalty points (You gain 1x multiplier and 1 milestone reward)
  • Expert: 3,750 – 29,999 loyalty points (You gain 1x multiplier and 6 milestone rewards)
  • Master: 30,000 – 249,999 loyalty points (You gain 1.25x multiplier and 12 milestone rewards)
  • Guru: 250,000 – 749,999 loyalty points (You gain 1.5x multiplier and 11 milestone rewards)
  • Legend: 750,000 – 3,749,999 loyalty points (You gain 2X multiplier and 12 milestone rewards)
  • Hero: 3,750,000 loyalty points (You gain 3x multiplier and unlimited milestone rewards)

Players can join the Bitcasino VIP program by wagering with real money at the casino. Loyalty points are earned when you play either slot or table games with real money.  As your loyalty points increase, so does your loyalty level. If you place a bet with 1 USDT at the casino, you will get 5 loyalty points.

Bitcasino VIP Program

When you reach the Hero loyalty level, you are eligible for an additional cashback deal as tailored by your account manager. The loyalty points multiplier multiplies the loyalty points you have earned to help you get to the next loyalty level faster.

However, when you activate a reward or bonus, your bets will not generate any loyalty points no matter the amount you wager with.

Bitcasino Bonus Codes

The welcome bonus currently available on the Bitcasino website doesn’t require any bonus code to activate. All you need to do is click on the “opt-in” button to activate this bonus.

Bitcasino Promo Codes

For the Kalamba games promo, all you need to do is place a wager on any of the participating slot games by Kalamba Gaming.

Bitcasino No Deposit Bonus Codes

You won’t find any no deposit bonus code at Bitcasino since the casino doesn’t have a no deposit bonus. However, you can enjoy other bonuses and promotions available on the website. There’s also an opportunity to boost your bonus balance at the casino.

What Games Can You Play at Bitcasino Casino?

There are more than 3,000 games available on the Bitcasino website, including slots, blackjack, roulettes, poker, baccarat, poker games, scratch games, aviator games, lottery, bingo games, and lots more from some of the best software providers in the industry.

On the casino website, you can see all these game titles, and filter them by providers or categories. You can also filter games on the website based on information like the game’s return to player ratio (RTP), hit ratio, popularity, and volatility. You can also decide to play games with real money or just for fun at the casino.

Let’s discuss these Bitcasino casino games individually:

Slots

Bitcasino games library features thousands of some of the best slot titles that promise players a fun gaming experience. Whether you are into magic, dinosaurs, ancient Egypt, or any other theme you can think of, Bitcasino has a game for you.

Some of the most popular slot titles on the platform are Wolf Moon Rising, Tower of Power, Fortune Fest, Mystic Fortune, Jumbo Joker, and Burning Reels.

Bitcasino Slot Games

Roulette

The casino features favorite roulette titles like lightning roulette, exclusive speed roulette, instant roulette, and lots more.

Blackjack

Some of the available blackjack titles on Bitcasino include Infinite Blackjack, Bombay Blackjack, Classic Blackjack, and more. We think Bitcasino is one of the best Bitcoin blackjack sites for 2024.

Poker

Poker games on Bitcasino include exciting titles like Texas hold ’em poker, high-hand hold ’em poker, and Russian poker.

Baccarat

The casino also features baccarat titles such as lightning baccarat, peek baccarat, golden wealth baccarat, high roller baccarat, and lots more.

Live Dealer Games

The live dealer section on the Bitcasino website gives you the complete casino experience from the comfort of your home. This live section features table games like poker, baccarat, roulette, and blackjack, handled by real live dealers.

Bitcasino Live Blackjack

The live dealer section of Bitcasino also features exclusive high-roller live games from Bombay Club. Aside from casino games, the website features live game shows like Crazy Time and Monopoly.

Other Games

Other available games on the website include aviator games, craps, crash games, and jackpot games such as Divine Fortune, Power of God’s, Cash ‘N Riches, Sizzling Moon, 9 Coins, and more.

Bitcasino Sports Betting

Bitcasino has an affiliated sportsbook, Sportsbet.io, which was established in 2016. Players have the freedom to bet on multiple sports online, using cryptocurrencies like Bitcoin, Ethereum, Dogecoin, Tether, and lots more.

Sportsbet.io has its own website and requires a separate login from Bitcasino. Funds in a Bitcasino account cannot be used at Sportsbet.io.

Sportsbet.io Crypto Sportsbook

What Software does Bitcasino Use?

Bitcasino features games from some of the best software providers on their website. Some of these providers include Kalamba, NetEnt, Pragmatic Play, Relax Gaming, 3Oaks, 777 Gaming, ELK, OneTouch, Hacksaw Gaming, Avatarux, Octoplay, and lots more.

Bitcasino Software Providers

Bitcasino Deposits & Withdrawals

Bitcasino has made secure payment options for deposits and withdrawals a priority. This allows them to provide multiple crypto payment options and one fiat payment option, Japanese yen.

Bitcoin deposits are nearly instant and the deposit process is very easy. Before you can withdraw from the casino, you need to complete a KYC check that includes ID verification.

The table below shows the accepted payment options and other details.

Accepted Payment Method Min. Deposit  Min. Withdrawal  Withdrawal Time
Bitcoin (BTC) 0.00007 BTC = 0.007mBTC 0.002 BTC = 2BTC Instantly – 10 minutes
Ethereum (ETH) 0.00013ETH 0.01 ETH Instantly – 10 minutes
Tether (USDT) 0.25 20 Instantly – 10 minutes
Litecoin (LTC) 0.002 0.1 Instantly – 10 minutes
Tron (TRX) 3 200 Instantly – 10 minutes
Ripple (XRP) 0.31 20 Instantly – 10 minutes
Cardano (ADA) 0.694 10 Instantly – 10 minutes
Dogecoin (DOGE) 3.535 100 Instantly – 10 minutes
Binance USD (BUSD) 0.25 20 Instantly – 10 minutes
Binance Coin (BNB) 0.009 0.07 Instantly – 10 minutes
The Open Network (TON) 0.18 10 Instantly – 10 minutes
Polygon (MATIC) 0.32556 20 Instantly – 10 minutes
USD Coin (USDC) 0.25 20 Instantly – 10 minutes
Japanese Yen (JPY) 7,000 12,000 Instantly – 5 working days

Bitcasino Interface & User Experience

The Bitcasino website has a modern and classic design, with a white and red theme, which appeals to players who prefer simple features. The website’s minimal design makes it pleasant to look at especially if you are the type who likes to spend hours gambling. This design and the patterns on the website allow players to spend hours on the site without getting bored.

The website is very easy to use and navigate whether you are a complete novice or a seasoned gambler. You can easily find your favorite games either by filtering by providers or you can use the search bar.  The website has the same features regardless of the device you are using, and it promises the same fun, fast, and provably fair casino experience, so you won’t even notice the difference.

Does Bitcasino Have a Mobile App?

At the moment, Bitcasino doesn’t have a mobile app, although they are working on developing an app for mobile devices. In the meantime, you can play all your favorite casino games on the go using your phone through the casino’s mobile website. The casino features are the same on both desktop and mobile devices.

Bitcasino Security

This Bitcasino review will be incomplete if we don’t talk about the security features of this casino. The casino is licensed by the government of Curacao, under the gaming license 1668/JAZ.  The Curacao Gaming Control Board recently updated its regulations to increase player safety.

The casino offers both two-factor authentication and SSL encryption, which is the highest safety standard in the online gambling industry.

Although two-factor authentication is used widely in the crypto industry to protect users from every form of crypto scam, SSL encryption is used to secure the personal information and financial details of their users.

In addition to this, the Casino uses a random number generator to ensure that all their games are provably fair.  Some of the payment methods available at the casino are handled by their wholly owned subsidiary “mProcessing Solutions Ltd” in Cyprus (Menandrou 4, 1066, Nicosia Cyprus).

Bitcasino Pros & Cons

Pros

  • Over 3,000 casino games
  • Lots of payment options
  • Fully licensed
  • 24/7 customer support
  • Lots of promotions and tournaments available at all times
  • No withdrawal limits
  • User-friendly website
  • Available in multiple languages

Cons

  • No specific welcome bonus
  • Only registered users get to use the live chat feature

The Verdict

In a nutshell, Bitcasino is a high-performance crypto casino with features that qualify it as one of the top-ranking online crypto casinos. The casino boasts a games library of over 3,000 games that includes slot games, table games, live dealer games, and more. In addition, the casino also offers mouth-watering bonuses and promotions through their loyalty club.

Check out Bitcasino today to claim your welcome bonus and start playing your favorite casino games.

References

FAQs

Is Bitcasino legit?

Our Bitcasino review found that this gambling platform is licensed by the government of Curacao and has SSL encryption in place to safeguard players’ information, which is in compliance with the general online gambling standards.

What games can you play at Bitcasino?
You can play a lot of games from some of the best software providers at Bitcasino. These games include: slots, baccarat, roulette, blackjack, poker, live dealer games, crash games, aviator games, and more.

What is the Bitcasino welcome bonus?
Bitcasino has a welcome package that features two offers. One is a welcome cashback offer of up to 25,000 USDT. The other is a welcome bonus where you can win up to 1000 USDT when you compete against other new players.

The post Bitcasino Review, Bonuses & Promo Codes 2024 appeared first on Cryptonews.

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Bovada Casino Review, Bonuses & Promo Codes 2024 https://cryptonews.com/guides/bovada-casino-review.htm Tue, 16 Jan 2024 13:40:27 +0000 https://cryptonews.com/?post_type=guides&p=151720.htm Founded in 2011, Bovada is an established online casino and sportsbook. It accepts players from around the world, including the US. But is Bovada the right gambling site for you? This Bovada Casino review reveals everything you need to know. We discuss safety, payments, bonuses, promotions, customer support, available games, betting markets, and more. What […]

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Founded in 2011, Bovada is an established online casino and sportsbook. It accepts players from around the world, including the US. But is Bovada the right gambling site for you?

This Bovada Casino review reveals everything you need to know. We discuss safety, payments, bonuses, promotions, customer support, available games, betting markets, and more.

What is Bovada Casino?


Bovada is an online gambling site that was launched in 2011. It’s based in Costa Rica, meaning it’s an offshore casino. This enables Bovada to accept players from the US, with the exception of Delaware, Maryland, Nevada, New Jersey, and New York. Bovada is also available in other countries.

Bovada offers a wide range of casino games. This includes table games like roulette, blackjack, and baccarat. There’s also an extensive selection of slots, video poker games, and live dealer tables. Bovada is also a popular sportsbook. It covers pre-match and in-play odds on dozens of sports, including football, tennis, basketball, and baseball.

What is Bovada Casino?

Bovada also offers live poker rooms and a fully-fledged horse racing book. Our Bovada Casino review found that the platform is popular with bonus hunters. It offers several welcome packages across its main gambling products, plus occasional promotions for existing players.

In terms of payments, deposit methods include debit/credit cards from Visa and MasterCard. It’s also considered one of the best Bitcoin casinos, with various cryptocurrencies accepted. Although Bovada is based in Costa Rica, it’s authorized and regulated by the Governor of Curaçao. Its Curaçao e-gaming license is held by Bovada’s parent company, Harp Media B.V.

Bovada Casino Key Facts


The table below highlights some key takeaways from our Bovada Casino review:

Welcome Bonus
  • 3 casino deposit bonuses, totaling $3,000 (USD) or $3,750 (crypto)
  • 50% sportsbook deposit bonus up to $250 (USD) or 75% up to $750 (crypto)
  • 100% poker deposit bonus up to $500 (USD)
Bovada Casino Bonus Code
  • Casino (USD): CAWELCOME100 (first deposit), BV2NDCWB (second and third deposits)
  • Casino (crypto): BTCCWB1250 (first deposit), BTC2NDCWB (second and third deposits)
  • Sports (USD): No Bovada Casino promo code needed
  • Sports (crypto): BTCSWB750
  • Poker (USD): PWB500
Available Games Blackjack, roulette, baccarat, craps, video poker, live dealers, sports betting, horse racing, live poker rooms
Live Games? Yes
Available Sports Covers most sports, including football, soccer, tennis, ice hockey, basketball, and baseball
Live Betting? Yes
Payment Methods Debit/credit cards (deposits only), cryptocurrencies, check by courier (withdrawal only), bank wire
Min. Deposit $5 – $50 depending on the payment method

Bovada Casino Bonuses & Promos


This section reveals each bonus and promotion currently available to Bovada players.

Bovada Casino Welcome Bonus Offers

Bovada offers welcome bonuses across its three main gambling categories; casino, sportsbook, and poker. Let’s break down each bonus type in more detail.

Casino Bonus

New players at Bovada will receive three casino deposit bonuses. However, the bonus amount depends on the deposit currency.

For example:

  • If you’re looking to deposit USD, you’ll get a 100% matched deposit bonus of up to $1,000. This can be claimed three times, valuing the bonus at $3,000.
  • If you deposit with cryptocurrencies like Bitcoin or Ethereum, you’ll get a larger welcome bonus. Each cryptocurrency deposit will be matched by 125% up to $1,250. This values the welcome bonus at $3,750.

Irrespective of whether you’re depositing USD or cryptocurrencies, you’ll need to enter a promo code. You’ll find these further down in this Bovada casino review.

Bovada Casino Welcome Bonus Offers

Now for the important terms and conditions.

First and foremost, if you’re depositing USD, you’ll need to meet wagering requirements of 25x. This is based on the deposit and bonus amounts.

  • Suppose your first deposit is $500
  • Bovada matches it by 100%, so you’ll receive an extra $500
  • Your deposit and bonus amounts total $1,000
  • At 25x, this means you’ll need to wager at least $25,000 before you can withdraw the bonus funds

If you’re depositing cryptocurrencies, the wagering terms are slightly different. The first matched deposit comes with wagering requirements of 25x. Similar to the USD terms, this is based on the deposit and bonus amounts.

However, the second and third deposits need to be wagered at 50x.

  • Suppose your second cryptocurrency deposit is valued at $500
  • Bovada matches it by 125%, so you’ll receive an extra $625
  • Your deposit and bonus amounts total $1,125
  • At 50x, this means you’ll need to wager at least $56,250 before you can withdraw the bonus funds

So, while the cryptocurrency bonus is larger, the wagering requirements are less favorable. Another thing to note is that craps and live dealer games do not count toward the wagering target. What’s more, while slots contribute 100%, other games contribute less. Bovada doesn’t provide a bonus time limit within its terms and conditions.

Sportsbook Bonus

Bovada also offers a generous sportsbook bonus. Similar to the casino bonus, the amount you receive depends on the deposit currency.

  • If you’re depositing USD, you’ll get a 50% sportsbook bonus of up to $250.
  • If you’re depositing cryptocurrencies, you’ll get a 75% sportsbook bonus up to $750.

The key terms and conditions are similar across both bonuses. The wagering requirements are 5x when betting on sports or horse racing. However, this is based on the deposit and bonus amounts.

  • Suppose you deposit $200 into the Bovada sportsbook
  • You use USD, so Bovada matches it by 50%
  • This gets you an extra $100
  • Your sportsbook balance is now $300
  • At 5x, you’d need to wager $1,500 before you can make a withdrawal

The sportsbook wagering terms are a lot more favorable than the casino bonus. What’s more, the terms state that “You may use your bonus on any sport, wager type, and odds.” This means you can bet on sports markets with low odds, giving yourself a greater chance of meeting the wagering requirements.

Poker Bonus

Bovada also offers a welcome package for first-time poker players. Unlike the casino and sportsbook bonuses, only USD payments qualify for the bonus.

  • You’ll get a 100% matched deposit bonus of up to $500
  • You’ll need to download the Bovada poker software to activate the bonus
  • To convert the bonus funds to withdrawable cash, you’ll need to earn Reward Points
  • $5 is released for 150 Reward Points earned
  • You’ll earn Rewards Points every time you place a bet

There are no wagering requirements on released bonus funds.

Existing Customer Promos

Although Bovada offers generous welcome bonuses for new players, there’s a limited number of promotions for existing accounts.

This includes the Free Spin Bonanza bonus, which offers 500,000 weekly free spins. The maximum prize per player is just 20 free spins. However, there will be 25,000 winners every week. To enter, simply deposit at least $10. In the same week, you’ll also need to wager at least $20 on any casino game.

Bovada Casino promotions

The only other bonus available to existing players is the Parlay Booster. Put simply, this gives you enhanced odds on selected parlay bets. You’ll also earn Reward Points, which get you access to the weekly Parlay Booster draw. However, the draw only allows you to earn additional Reward Points.

Bovada Casino Loyalty Program

Bovada offers a popular loyalty program that centers on Reward Points. You’ll earn Reward Points every time you place bets. However, the specific Reward Points earned per $1 depends on the gambling product. For example, you’ll get 40 Reward Points per $1 wagered on horse racing.

This increases to 60 Reward Points when betting on exotics and multiples. However, you’ll earn just 1 Reward Point when playing table games like roulette and blackjack. Slots are slightly better, with 3 Reward Points earned for every $1 wagered. You can also earn up to 15 Reward Points per $1 when playing live poker.

  • As you accumulate more Reward Points, you’ll move up the loyalty ladder.
  • There are six tiers, ranging from Starter to Hall of Fame. Some tiers have three levels.
  • As you increase your tier, you’ll get more USD for your Reward Points.
  • For example, the Starter tier requires 2,500 Reward Points for every $1 paid in cashback.
  • You’ll only need 1,000 to earn $1 when you reach the Hall of Fame tier.

Ultimately, if you’re a seasoned player who gambles regularly, it makes sense to join the Bovada VIP program.

Bovada Casino No Deposit Bonus


The Bovada welcome bonuses all require promo codes. You’ll need to enter them before claiming a bonus.

Bovada Casino bonus codes can be found in the table below:

Bonus Section Currency Bonus Details
Casino USD CAWELCOME100 (first deposit), BV2NDCWB (second and third deposits)
Casino Cryptocurrency BTCCWB1250 (first deposit), BTC2NDCWB (second and third deposits)
Sportsbook USD No promo code needed
Sportsbook Cryptocurrency BTCSWB750
Poker USD PWB500

Bovada Casino No Deposit Bonus


Bovada doesn’t offer any casino no deposit bonuses. All of the bonuses discussed above require a deposit.

What Games Can You Play at Bovada Casino?


Now that we’ve covered bonuses, this part of our Bovada Casino review will explore what games are supported.

Slots

Bovada lists hundreds of slot games. The slots department is split between progressives, bonus buys, and ‘Hot Drop’ jackpots.

If you like playing slots with huge and fast casino payouts, Bovada has plenty of options. This includes 10 Times Vegas, currently paying $82,000. There’s also Deluxe 777, which has a jackpot of $29,000. That said, the Shopping Spree slot game is currently offering the largest jackpot at over $2.16 million.

Bovada Casino slots

However, we found that the Bovada slots department could be improved. For a start, it doesn’t enable players to filter slot games by the software provider. This is a feature offered by most online casinos. In addition, there isn’t a search bar. This means you need to manually browse each slot to find your preferred title.

Roulette

Bovada offers just five software-based roulette variations. This includes American, European, and Zoom roulette.

Blackjack

Bovada offers 10 software-based blackjack games. This includes Classic, European, Single Deck, Double Deck, and Perfect Pairs.

Video Poker

We found 10 video poker games when reviewing Bovada. This includes popular versions like Jacks or Better, Joker Poker 10, Aces and Faces, and Deuces Wild.

Live Dealers

Bovada also offers dozens of live casino tables. This enables you to play popular table games with human dealers. This includes 34 blackjack tables. Casual players can play from just $5 per hand. High rollers will find maximum table limits of $50,000 per hand.

Bovada review

There are also five roulette tables, covering both the American and European versions. We’d suggest opting for the European version, as the house edge is lower. In addition, Bovada offers two Baccarat tables and two Super 6 games.

Other Games

Other Bovada casino games include:

  • Craps
  • Specialty Games
  • Scratchcards
  • Keno
  • Bingo

Bovada Sports Betting


Bovada offers one of the best sportsbooks in the market. Read on to find out why.

Available Sports

The Bovada sportsbook covers over 30 sports. This includes the most popular US sports, such as baseball, football, and basketball.

You’ll also find betting markets for soccer, tennis, cricket, and MMA. Less popular sports are also available, such as chess, badminton, and darts.

We found that Bovada also offers esports betting markets. Supported games include Rainbow Six, Call of Duty, Valorant, and King of Glory.

Betting Markets

Bovada offers dozens of betting markets for each sporting event. For instance, there are 57 different available betting options on the upcoming Houston Texans vs Baltimore Ravens game.

This includes multiple spreads, totals, and the win-win market. You can also place half-time and quarterly bets, not to mention margins and point ranges.

Bovada Sportsbook review

What’s more, most sporting events are available pre-match and in-play. This ensures you can still place bets while your chosen game is being played.

Horse Racing

Bovada also offers a fully-fledged horse racing book. Not only does this cover all US-based tracks but overseas markets too. This includes races in the UK, Ireland, and Australia. bets include the win, place, and show. Multiples are also supported.

Bovada Odds 

Bovada offers some of the most competitive odds in the market – especially on major US sporting franchises like the NBA, MLB, and NFL. However, less popular sporting events like chess and badminton can be less competitive.

Bovada Poker 


Bovada is also a popular option for online poker players. Consider downloading the Bovada poker suite for desktops. This offers the best gaming experience. The desktop software is available for Windows and Mac. Bovada also offers a native mobile app for iOS and Android. This can only be used to play poker and not casino games or sports betting.

Is Bovada good for poker?

We found that Bovada supports the three most popular poker models:

  • Cash Tables
  • Tournaments
  • Sit-and-Go

Each poker model comes with various minimum buy-ins, ensuring that players of all budgets are catered for. Bovada also offers anonymous poker tables. This allows players to hide their poker history from others.

What Software Does Bovada Casino Use?


We found that most Bovada casino games are supplied by Rival Gaming. Launched in 2005, Rival Gaming provides casino games to gambling sites from around the world. This includes table games like roulette and blackjack, video poker, and slots.

Bovada Casino Deposits & Withdrawals


Understanding how payments work is crucial before signing up with Bovada. Not only in terms of deposit and withdrawal methods but limits and payout speeds.

Let’s start with the deposit process.

Bovada Casino Deposit Options

Bovada is one of the best credit cards casinos. Visa and MasterCard are supported but not American Express casino deposits or Discover. The minimum and maximum deposit amounts when using debit/credit cards are $20 and $1,500, respectively.

You can also make a direct bank transfer in USD. The minimum is just $50. However, bank transfers are capped at $450. If you want higher limits, Bovada also accepts some of the best cryptocurrencies. This includes Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Tether. The maximum deposit limit on these cryptocurrencies is $5,000.

Bovada deposit options

In terms of deposit speeds, debit/credit cards are usually processed instantly. Cryptocurrency deposits take up to 15 minutes to appear. Bank wires can take several days.

Our Bovada Casino review found that deposit fees can also apply. Although the first deposit/credit card payment is free, you’ll be charged at least 15.9%. In contrast, Bovada doesn’t charge deposit fees when funding the account with cryptocurrencies.

Bovada Casino Withdrawal Options

Not all deposit methods can be used to make withdrawals from Bovada. For example, while you can deposit funds with a debit/credit card, you’ll need to withdraw funds to another payment type.

This includes bank wires, check by courier, and cryptocurrencies. Bovada also stipulates withdrawal terms, including minimums and maximums.

  • For example, the minimum bank wire withdrawal is $1,500. The maximum is $9,500 every 30 days. Bank wire withdrawals take 10-15 days on average.
  • Cryptocurrencies come with a minimum withdrawal of just $10. Although the maximum withdrawal is $9,500, you can make another withdrawal 15 minutes later.
  • The maximum weekly withdrawal limit for cryptocurrencies is $180,000 using Litecoin. This is reduced to $90,000 when withdrawing Bitcoin. Some cryptocurrencies are capped at just $2,500 per week.

What are Player Transfers on Bovada?

  • Another payment option available on Bovada is ‘Player Transfers’.
  • Put simply, you can withdraw your casino balance by transferring it to another player.
  • In turn, the player will transfer the same amount via your agreed payment method.
  • This option is only suitable when dealing with players you know. Otherwise, there’s the chance that you’ll be scammed.

Bovada payment limits and withdrawal times can be found in the table below:

Payment Method Min. Deposit Max. Deposit Min. Withdrawal Max. Withdrawal Withdrawal Time
Bank wire $50.00 $450.00 $1,500.00 $9,500.00 10-15 days
Debit/credit cards $20.00 $1,500.00 N/A N/A N/A
Cryptocurrencies $5 – $50 $5,000 $10 – $50 $2,500 – $180,000 per week 1-24 hours
Check by courier N/A N/A $250.00 $3,000.00 10-15 days

Bovada Casino Interface & User Experience


In general, Bovada offers a great user experience. The sign-up process is fast and straightforward. Simply enter some personal information and contact details to process. Depositing funds is also seamless. We like that the Bovada website is split between the main gambling categories; Sports, Casimo, Live Dealer, Poker, and Horses.

Bovada Casino review

After clicking on your preferred category, you’ll have access to a user-friendly dashboard with additional filters. For example, clicking on ‘Casino’ allows you to choose from slots, blackjack, and roulette. The sportsbook also offers a great user experience. You can find betting markets by choosing your preferred sport or franchise.

You can also click on the ‘Live’ button to see which sporting events are currently being played. That said, the drawback is that Bovada doesn’t offer a search box. This makes it slightly cumbersome to find specific games. For instance, you can’t search for a slot title.

Does Bovada Casino Have a Mobile App?


Bovada offers a native mobile app for iOS and Android. However, the app can only be used for playing poker. You can also play poker via desktop software for Windows and Mac.

Bovada mobile casino

If you want to play casino games or bet on sports, you can still use your cell phone. Simply visit the Bovada website from a mobile browser and log into your account. The user experience is still solid, as Bovada has optimized its website for smartphones.

Bovada Casino Security


Considered one of the best offshore casinos for US players, Bovada is an established gambling site that was founded in 2011. Although Bovada is based in Costa Rica, it’s regulated by the Governor of Curaçao. Licensing is secured by Bovada’s parent company, Harp Media B.V.

With over a decade in the online gambling space, Bovada has a solid reputation with players. That said, we found that some players complain about slow withdrawal times when using a bank wire. However, Bovada is clear about withdrawal times, which average 10-15 days. The solution is to withdraw cryptocurrencies, which takes between 1 and 24 hours.

Bovada also offers secure payments. Its website is secured by Secure Socket Layer (SSL) technology, meaning that your payment details are encrypted. Bovada also complies with anti-money laundering regulations. This means players must upload KYC verification documents before withdrawals are permitted.

It’s also worth visiting the /Bovada Reddit group, which is home to over 14,000 members. This will give you insight into Bovada Casino reviews from other players.

Bovada Casino Pros & Cons


To summarize this Bovada Casino review, we’ve displayed its pros and cons below:

Pros

  • Established in 2011 and regulated by the Governor of Curaçao
  • Supports slots, table games, video poker, and live dealers
  • Also offers sports betting, horse racing, and live poker
  • Cryptocurrency payouts are approved within 24 hours
  • Multiple welcome bonuses are offered to new players
  • Customer support via live chat, phone, or email
  • Accepts some of the best altcoins – including Ethereum and Litecoin

Cons

  • The mobile app only supports poker games
  • Bank wire withdrawals take up to 15 days
  • Debit/credit card deposit fees of at least 15.9%
  • Most games are supplied by one provider – Rival Gaming

The Verdict


In summary, Bovada is one of the best and safest online casinos and sportsbooks for US players. Established in 2011, it offers everything from slots and table games to live dealers and video poker. Not to mention fully-fledged poker rooms.

Although some payment methods come with slow withdrawal times, cryptocurrency payouts are usually approved in under 24 hours. What’s more, new players can claim multiple welcome packages and minimum deposits start from just $5.

References

FAQs

Is Bovada Casino trustworthy?

Yes, Bovada is considered a trustworthy casino site. Launched in 2011, Bovada is authorized and regulated by the Governor of Curaçao.

Does Bovada Casino pay out?

Yes, Bovada payouts are made via bank wires, cryptocurrencies, and check by courier. Withdrawal times vary depending on the chosen payment method.

What is the Bovada Casino welcome offer?

Bovada offers three matched deposit bonuses for first-time casino players. It also offers a matched deposit bonus in the sportsbook and poker departments.

What are the pros and cons of Bovada?

Bovada’s pros include an established and regulated platform, a wide range of gambling products, and top-notch customer support. The cons of Bovada include slow bank wire withdrawals and a mobile app that only supports poker games.

The post Bovada Casino Review, Bonuses & Promo Codes 2024 appeared first on Cryptonews.

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Nexo Review in 2024 – Pros & Cons Revealed https://cryptonews.com/guides/nexo-review.htm Fri, 12 Jan 2024 12:13:27 +0000 https://cryptonews.com/?post_type=guides&p=149833.htm What if a crypto exchange could provide many of the financial services we’re accustomed to from banks? That’s Nexo, a European-based crypto exchange that offers trading as well as lending and borrowing and even an innovative Mastercard that works as a credit or debit card. In our Nexo review, we’ll explore the pros and cons […]

The post Nexo Review in 2024 – Pros & Cons Revealed appeared first on Cryptonews.

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What if a crypto exchange could provide many of the financial services we’re accustomed to from banks? That’s Nexo, a European-based crypto exchange that offers trading as well as lending and borrowing and even an innovative Mastercard that works as a credit or debit card.

In our Nexo review, we’ll explore the pros and cons of Nexo as well as the exchange’s features that set it apart from other platforms.

Our Take on Nexo


By some measures, Nexo might be better described as a crypto lending platform than an exchange, but the addition of the Nexo Pro advanced trading platform makes Nexo competitive with well-known exchanges like Coinbase for crypto trading. Where the platform falls short is in its comparatively small selection of 65 cryptocurrencies. By contrast, Coinbase offers more than 250 tradable cryptos.

Nexo remains a popular choice for traders who want to earn a yield on their crypto holdings and fans of the Nexo card, which can act as a rewards credit card or as a crypto debit card.

Pros

  • Nexo’s user-friendly interface allows newer users to navigate the platform with ease.
  • Daily interest paid on crypto holdings offers a way to build your portfolio without trading.
  • The Nexo card provides a first-ever switchable crypto card that can act as a credit or debit card.
  • Free deposits and withdrawals keep trading costs lower.
  • Nexo offers outstanding interest rates (up to 16%) for stablecoin lending.

Cons

  • Nexo’s rewards, loyalty levels, and interest rates can be difficult to follow.
  • No No-fee trades can be expensive due to larger spreads on some assets.
  • Many platform perks revolve around the NEXO token, the value of which can be volatile.
  • Not available in the US or UK.

Nexo’s Strengths


Considering the popularity of cryptocurrencies in 2024 there are thousands of crypto exchanges fighting to become household names. In this section we’ll examine the features that set Nexo apart from the competition.

Easy-to-use platform:

New and experienced users should feel at home on Nexo. The platform is well-designed and intuitive to use. Nexo Pro offers a low-cost trading solution for advanced traders, which brings an uncluttered interface and clear charts with over 100 available indicators.

Nexo card: The Nexo card offers the best combination of benefits compared to other crypto cards from providers like Coinbase, Crypto.com, and Gemini. Other cards work as credit or debit cards, with no possibility of switching modes. Nexo provides a two-in-one solution that lets you easily switch between credit and debit modes. Credit mode uses your crypto as collateral to borrow while earning up to 2% cashback. Debit mode lets you spend BTC and other crypto assets like cash, automatically converting your crypto to cash as needed. In debit mode, you also earn up to 14% interest, paid in crypto.

nexo card banner

Crypto lending: While the Nexo card offers an easy way to access the value of your crypto, Nexo also offers crypto loans funded with cryptocurrency you can deploy on other protocols or on Nexo itself. Borrowers can repay according to their own schedule with instant approval. Lenders can earn up to 16%, with interest paid daily.

Who is Nexo Best For?

Is Nexo ideal for HODLers or short-term traders? Let’s explore who Nexo caters to:

  • People who want to hold their crypto. Rather than needing to sell your crypto to raise capital, Nexo lets you borrow against your crypto. Use your funds for any purpose.
  • People who want to earn a yield. Crypto yields for lending reach 14% or boost your yields by choosing interest paid in NEXO tokens. Stablecoins pegged to a fiat currency earn the highest yields, so you don’t have to risk volatility to earn a return.
  • Traders outside the US and UK. Nexo is withdrawing from specific markets due to regulatory concerns.

Nexo at a Glance


Here’s a convenient table covering the key metrics users should keep in mind when researching Nexo in 2024.

Category Our Rating (out of 5) Comment
Number of coins:
65
3.9/5 Nexo offers top cryptocurrencies, including BTC, ETH, SOL, and XRP. However, competitors like Coinbase offer a wider selection.
Trading Fees:
Basic trades – spread only
Nexo Pro – 0.40% taker fee, 0.30% maker fee
4.3/5 Basic trades use a spread, which can sometimes add up to 2% to trading costs. Advanced trading fees, however, are lower than those of Coinbase.
User experience: 4.5/5 Nexo’s user-friendly interface makes navigation easy.
Staking:
ETH only
3.9/5 Stake ETH with as little as $1 using Nexo’s NETH token.
Features:
Lending & borrowing, rewards credit card/crypto debit card
4.4/5 Nexo excels in its crypto-as-money features, including lending and borrowing and a rewards card.
Trustworthiness: 3.8/5 We were unable to find current proof of reserves.
Customer service: 4.0/5 Support options include live chat and an email ticket system.

Cryptocurrencies Available for Trading on Nexo


Nexo’s selection of 65 cryptocurrencies lags behind competitors like Kraken, with about 240 cryptocurrencies, and Coinbase, with over 250 cryptocurrencies. However, the platform supports the most popular cryptocurrencies and a number of perhaps surprising altcoins.

Top Cryptocurrencies on Nexo by Trading Volume

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Solana (SOL)
  • BNB (BNB)
  • Ripple (XRP)
  • Avalanche (AVAX)
  • Arbitrum (ARB)
  • Cardano (ADA)
  • Dogecoin (DOGE)
  • Polygon (MATIC)

Although the selection on Nexo is smaller than other platforms, the exchange still offers several in-demand altcoins.

Altcoin Selection on Nexo

  • Chainlink (LINK)
  • Uniswap (UNI)
  • THORChain (RUNE)
  • Maker (MKR)
  • Aave (AAVE)
  • Hedera (HBAR)
  • Synthetic (SNX)
  • Osmosis (OSMO)
  • Bonk (BONK)

Trading Fees on Nexo


Nexo offers two trading platforms, each with its own fee structure. Basic “swaps” come with no fees and include a cashback bonus of up to 0.5%. However, Nexo also uses a variable spread, which adds to the cost of swaps.

Swaps support trigger prices, so you can continue earning while waiting for a price you choose. You can also stack multiple swap orders to average out of a position or dollar-cost average when buying.

What Is Dollar-Cost Averaging in Crypto?

Identifying market lows for buying and highs for selling can be tricky business. Dollar-cost averaging offers an easy way to optimize your trades without needing to be a trading guru.

  • Buying: When buying, dollar cost averaging works by buying a fixed dollar amount at a fixed interval, such as buying $100 worth of bitcoin on the first of every month.
  • Selling: Some investors also use reverse dollar-cost averaging to exit a position, selling a fixed amount at a fixed interval to avoid the perils of timing the market incorrectly.

nexo swaps cashback

Nexo Pro, Nexo’s advanced trading platform, does not add a spread to trades. Nexo’s fee structure positions the exchange lower than Coinbase but higher than Kraken and Binance at base tiers. For example, Coinbase Advanced charges 0.6% maker fees and 0.8% taker fees at the base volume tier. By comparison, Nexo Pro charges just 0.3% and 0.4% maker and taker fees, respectively.

Maker Fees vs. Taker Fees

Many advanced trading platforms like Nexo Pro base trading fees on a maker/taker model.

  • Maker orders “make” a market by providing liquidity in the form of fixed-price (limit) orders. Without limit orders, we’d have nothing to trade against. Imagine a training world with no prices.
  • Taker orders “take” liquidity off the market by buying or selling against existing orders. These are often called market orders because you’re trading at market prices.

Trading fees on the Pro platform vary by 30-day trading volume.

Nexo Pro Trading Fees

Volume Tier Taker Fee Maker Fee
Up to $10,000 0.40% 0.30%
$10,000 to $50,000 0.34% 0.20%
$50,000 to $100,000 0.30% 0.15%
$100,000 to $1 million 0.20% 0.10%
$1 million to $10 million 0.18% 0.08%
$10 million to $100 million 0.15% 0.05%
$100 million to $200 million 0.10% 0.02%
$200 million to $500 million 0.08% 0.00%
$500 million+ 0.06% 0.00%

Nexo Futures Trading Fees

Trading fees for perpetual trades are fixed at 0.06% for opening or closing a position.

Similar to other perpetual futures platforms, Nexo uses a variable funding fee, which helps the contract price track market prices. Funding fees can add to the cost of trades or may reduce overall trading costs.

Nexo Review: The Nexo Trading Experience


Few crypto platforms offer an interface as clean as you’ll find on Nexo. It’s as beginner-friendly as it gets.

Simple swaps, in which you exchange one crypto for another, work as smooth as butter. In a few clicks, you’ve rebalanced your portfolio. And swaps support triggers, a way to buy or sell at a price you set – and you can set multiple triggers, easing in or out of a position. That convenience comes with a cost, however: spreads.

Generally, a spread refers to the difference between the highest-priced selling order and the lowest-priced buying order in an order book. But it can also refer to a markup that allows an exchange to lock in a price on volatile assets. The latter is what Nexo uses for its no-fee swaps, and it can be costly in some cases. Some users report spreads of up to 2% or higher. Spreads vary based on market conditions, so check the numbers before confirming a trade to be sure the swap makes sense for you.

Boosters

Swaps also support “boosters,” which refers to borrowing against your crypto to trade larger amounts. This process can be completed manually using Nexo’s Instant Crypto Credit Lines, followed by a swap. But the booster option on the convert tab simplifies the process and lets you use up to 3x leverage with just a few clicks.

We’ll cover Instant Credit Lines in just a bit. Loan balances accrue interest but don’t have a fixed payment schedule.

Nexo Pro

To avoid the spread fees discussed earlier, you can instead use Nexo Pro, an advanced trading platform that’s easier to use than many competing platforms.

nexo pro trading dashboard

Nexo Pro starts out simple but offers more functionality with a few clicks. Notably, the advanced trading platform provides charts with over 100 indicators. Add MACD (moving average convergence/divergence), shown above, or any of 100+ other indicators instantly.

Advanced trading platforms can be notoriously tricky to use. Nexo bucks the trend, making Nexo Pro simple enough that newer traders can trade successfully. As a caveat, Nexo Pro doesn’t offer many of the features available on other platforms, such as automated trading bots or options trading. Less clutter translates to fewer trading tools.

Nexo Futures (Nexo Pro)


Perpetual futures let you bet on the future price of BTC and other cryptocurrencies without buying the crypto asset. Instead, you buy a contract that bases your profit or loss on the difference between the price when you open the contract and the price when you close your position.

nexo futures banner

Choose to go long (a bet the price will increase) or short (a bet the price will decrease) and amplify your earnings with leverage of up to 50x on 70+ crypto assets. Leverage trades use your crypto as collateral, with the highest leverage available for USDT collateral, which has the least volatility.

Due to the higher risk associated with leveraged perpetual futures, Nexo requires users to pass a quiz before they become eligible to trade futures. Availability also varies by region, with US and UK users restricted.

Nexo Web3 Wallet

Recently, Nexo added a Web3 wallet as a way to interact with decentralized applications to swap cryptocurrencies and earn yields. The wallet supports external wallets, like MetaMask or Coinbase Wallet, but can be used as a standalone app as well. Thus far, Nexo’s wallet is not supported on its mobile app, however.

What Is Web3?

Web3 refers to the crypto ecosystems that use your wallet address as your identity. In web 2.0, we use usernames and passwords. Web3 aims to return ownership of your identity to users, allowing you to transact or interact with relative privacy compared to web 2.0.

nexo wallet supported networks

Currently, the Nexo Wallet supports five networks.

  • Ethereum
  • Polygon
  • Avalanche
  • BNB Smart Chain
  • Fantom

Notably, Abitrum, which is the largest Ethereum Layer 2 network, is not yet supported.

Nexo Wallet offers several features that simplify web3 usage, operating much like a portal to the decentralized crypto world – but with guard rails to help users avoid deep ravines.

Nexo also adds some features not found with many other wallets.

  • Batching: Execute multiple transactions at once to save on fees.
  • Flexible gas payments: Crypto networks use cryptocurrencies to pay for transactions and computing power on the network. Nexo Wallet lets you use stablecoins or other supported tokens to pay for transactions.
  • Optimized transactions: Nexo uses “smart transactions” to optimize and save money on transactions.
  • Aggregated liquidity: Make swaps on decentralized apps without leaving your wallet. Nexo searches for the best value when making swaps, spreading your swap across multiple decentralized exchanges if needed.
  • Aggregated wallets: See all your wallet balances and NFTs in one place (supported networks only).

Although a decentralized wallet, users from specific regions, including the US, cannot use the Nexo Wallet app.

Nexo labels its wallet as “beta,” suggesting that more features are on the way, including a “DeFi card,” about which no details have yet been provided. Our curiosity is piqued.

Nexo’s Mobile App


Like its desktop counterpart, the Nexo mobile app is well-designed, smooth-running, and easy to use.

nexo mobile app

Expect a scaled-down experience, however. Nexo Pro (including futures trading) was conspicuously absent from the mobile app, as was the Nexo Web3 Wallet.

Supported features center on swaps through Nexo Exchange, lending and borrowing, and the Nexo Card, which we’ll cover in more detail shortly. Swaps were not available in certain regions.

Nexo’s mobile app serves as a simple way to manage lending and borrowing on the go, with the ability to perform simple swaps from anywhere.

Nexo Loyalty Levels

Many of Nexo’s perks vary depending on your “loyalty level,” ranging from Base to Platinum. Loyalty tiers are determined by the amount of NEXO tokens held relative to the total account balance.

  • Base: No NEXO tokens are needed. This level includes accounts with less than 1% of the portfolio value in NEXO tokens.
  • Silver: At least 1% (up to 5%) of your total portfolio value in NEXO tokens qualifies for Silver Level.
  • Gold: If your account has 5% up to 10% of its portfolio value in NEXO tokens, your account qualifies for Gold Level benefits.
  • Platinum: Accounts with 10% or more of the portfolio value in NEXO tokens qualify for Platinum Level benefits, including the highest interest rates for lending and the lowest rates for borrowing.

Loyalty levels drive interest rates on Nexo, with higher tiers earning higher interest rates.

nexo interest rates by loyalty level

Nexo Lending Interest Rates by Loyalty Level

Loyalty Level USDT BTC
Base Up to 12% Up to 4%
Silver Up to 12.5% Up to 4.5%
Gold Up to 14% Up to 5.5%
Platinum Up to 16% Up to 7%

Minimum amounts apply, however. For example, you’ll need at least 0.001 BTC to earn interest on your BTC deposits.

  • BTC minimum: 0.001 BTC
  • ETH minimum: 0.01 ETH
  • NETH minimum: 0.005 NETH
  • NEXO minimum: 1 NEXO
  • USDT minimum: 1 USDT
  • USDC minimum: 1 BTC

Stablecoins like USDT have the lowest minimum deposit requirements and pay the highest interest rates in lending.

Staking Opportunities on Nexo (Smart Staking)

Nexo scaled down its staking support recently, now focusing on NETH, an Ethereum staking token that lets you earn staking rewards with as little as $1. Nexo calls it Smart Staking.

When staking ETH on Nexo, your staked ETH is converted to NETH, which earns rewards and can be used as collateral for loans.

Nexo Staked Ethereum (NETH) earns from staking rewards in addition to MEV (Maximum Extractible Value). MEV is a process in which transactions can be front-run, changing the order of transactions to earn extra yields. Nexo runs its own validators, making this possible.

The combination of mechanisms used by Nexo Smart Staking often results in higher overall yields for stakers.

Ethereum staking earns 4% to 8% annually, depending on loyalty tier.
Nexo Smart Staking earns 3.5% to 12% annually based on loyalty tier.

Nexo’s Web3 Wallet also supports several decentralized staking and yield protocols.

Nexo Lending and Borrowing

The Nexo platform remains better known as a lending and borrowing platform than as an exchange.

Lending on Nexo

Users can earn strong yields by buying or transferring assets to the platform. Increase your earnings by locking your funds for three months.

Nexo pays interest automatically. For example, if you buy or deposit USDT, you’ll earn 9% at current rates on the Base tier. Lock your funds for three months to earn an additional 3%. Higher tiers earn higher rates, boosted by a bonus yield paid in NEXO tokens.

Borrowing on Nexo

Nexo also lets you borrow against your crypto. No credit checks, no paperwork, and no required monthly payments.

nexo borrowing collateral needed

Because borrowing on Nexo uses your crypto as collateral, loan-to-value (LTV) drives the transaction. With a low LTV of under 20% and Platinum level, you can borrow with 0% interest. As LTV increases, interest rates increase as well.

LTVs under 20% earn the best interest rates for borrowing when combined with Platinum and Gold levels.

Loyalty Level LTV below 20% LTV above 20%
Platinum 0.00% interest 7.90% interest
Gold 2.90% interest 10.90% interest

Borrow as little as $50 using stablecoins like USDT or $500 in fiat, with a maximum of $2 million daily.

Generally, loans are instant but can take up to 1 day if Nexo needs additional information for Know Your Customer (KYC) or Anti-money laundering (AML) requirements.

Nexo Card

The innovative Nexo Card (Mastercard) is one of Nexo’s top features.

  • Spend your crypto like cash in debit mode.
  • Borrow against your crypto in credit mode.

Switch between the modes easily and on the go using the Nexo mobile app.

In credit card mode, your Nexo card taps into your instant lines of credit, borrowing against your crypto. Interest rates vary based on your loyalty tier, but unlike a traditional credit card, there are no fixed monthly payments.

Credit mode also earns cashback rewards paid in NEXO tokens or BTC.

Loyalty Level NEXO tokens BTC
Platinum 2% 0.5%
Gold 1% 0.3%
Silver 0.7% 0.2%
Base 0.5% 0.1%

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In debit card mode, you can spend your crypto like cash. Conversion rates apply using Nexo’s spread, discussed earlier. Debit mode does not support cashback, but you can earn interest on the crypto you hold on the platform.

Nexo Review: Supported Payment Methods


Choose from several ways to fund your account. Available options vary by market.

  • Credit cards
  • Debit cards
  • Apple Pay
  • Google Pay
  • SEPA – EUR
  • Faster Payment Service (FPS) – GBP
  • Wire transfer – USD
  • Crypto deposits

Minimum Deposit

Expect to deposit at least $10, £10, or €10 when making a fiat deposit.

In general, Nexo does not have a minimum deposit for cryptocurrencies, with some exceptions.

  • Tron (TRX): 0.09 TRX
  • Bitcoin Cash (BCH): 0.0005 BCH
  • Litecoin (LTC): 0.0005 LTC
  • Polkadot (DOT): 1 DOT

Minimum Withdrawals

Moving your crypto to a self-custody wallet may require a minimum withdrawal on Nexo.

  • Bitcoin: 0.001 BTC
  • Ethereum: 0.01 ETH
  • NEXO token: 1 NEXO
  • Tether: 10 USDT
  • US Dollar Coin: 10 USDC
  • Ripple: 25 XRP
  • Avalanche: 1 AVAX
  • Polkadot: 1 DOT

Check Nexo’s help pages for additional minimum crypto withdrawal amounts.

Nexo’s Customer Support


Like many crypto platforms, help comes in the form of chatbots and a ticket system. Nexo’s chat is open 24/7 and serves up AI-powered questions and answers. Just ask for an agent to get live assistance.

nexo help chatbot

Nexo reviews on Trustpilot earn the platform one of the highest TrustScore rating we’ve seen for crypto trading platforms. Nexo scores a 4.7 out of 5, which is higher than eToro (4.3 out of 5) and miles ahead of exchanges like Coinbase (1.5 out of 5) and Kraken (2.0 out of 5).

Rare negative reviews of Nexo on Trustpilot receive a response from Nexo within 24 hours on Trustpilot.

Nexo’s Security and Licensing


Nexo holds several licenses and registrations with major regulators, although tightening regulations have led the exchange to pull out of markets such as the US and UK.

Nexo Registration and Licenses

  • US registrations and licenses: In the US, Nexo is registered with the Financial Crimes Enforcement Network (FinCEN) and has also obtained a BitLicense through the New York Department of Financial Services. Nexo is also licensed with the California Department of Financial Protection and Innovation. However, the company is phasing out operations in the US and already blocks access to many features, depending on location.
  • Outside the US: Nexo is also registered with the Australian Securities and Investment Commission (ASIC), FINTRAC in Canada, Organismo Agenti e Mediatori (OAM) in Italy, and licensed with the Financial Services Authority (Seychelles).

Proof of Reserves and Security Ratings

As a lending platform, it’s essential to demonstrate that the platform has enough assets to cover its liabilities. The 2022 collapse of several crypto platforms, including Celsius, which shared a similar lending/borrowing business model, makes transparency essential.

As far back as 2021, Nexo provided proof of reserves to show assets exceed liabilities in real-time rather than using a snapshot. However, since then, fewer auditing firms have focused on crypto. Nexo replaced its auditing firm with TrustReserve, which briefly offered a proof-of-reserves attestation for Nexo but which is now gone.

CER, a leading cybersecurity certification platform, notes Nexo as having proof of reserves. However, we were unable to find an active link. Overall, CER currently gives Nexo a “D” rating and lists Nexo as “uncertified,” which could suggest incomplete data.

CER’s methodology considers the following:

  • Server security
  • User security
  • Penetration test
  • Bug Bounty
  • ISO 27001 certification
  • Funds insurance

In a Reddit post from 2023, NexoJosh indicated that Nexo had discontinued the arrangement they had with their auditing partner and is pursuing alternative ways to assure the community regarding reserves.

Reserves aside, Nexo implements several security measures to harden accounts, including two-factor authentication and biometric authentication with its mobile application. The platform also supports whitelisting, a method of restricting withdrawals only to addresses you approve.

Insurance

Crypto custody partners Bakkt and Ledger Vault provide secure storage while also offering limited insurance for crypto assets.

What Could Nexo Do Better?

  • Document proof of reserves. Following the collapse of well-known crypto exchanges like FTX and crypto lending platforms like Celcius, it’s imperative to show users that the exchange has the assets it says it has and that it can cover its liabilities. Nexo offered proof of reserves in the past, but we were unable to find current proof of reserves.
  • Offer a less complicated tier system. Nexo’s tier system uses loyalty levels to drive interest rates, staking rewards, and more on the platform. All these moving parts center on holding a token of little real-world value elsewhere, which has fallen in price dramatically from its highs. As the price of NEXO tokens falls relative to the broad market, users are forced to buy or earn more to qualify for the top loyalty levels.
  • Provide limited services in regulated markets. Nexo recently pulled out of the US and is reducing services in other key markets like the UK. Many other platforms have found ways to offer some services based on location rather than blocking users from accessing the site. Nexo swaps, its web3 wallet, and Nexo Pro parallel services offered by competing platforms without significant restriction. However, these services are unavailable in the US and may be restricted in other markets.

Our Review Methodology


Cryptonews.com is committed to unbiased reviews of products and services to help readers make better-informed buying and investing decisions. We evaluate exchanges based on a wide range of factors, performing real-world transactions where possible and comparing advertising claims against real-world results.

We review exchanges using a point system that considers usability, fees, available trading types, tradable cryptocurrencies, and additional weighting factors. In addition, we examine regulatory oversight and licenses, where applicable, as well as security measures taken by the exchange to protect users.

Conclusion


Nexo’s strengths come from its lending and borrowing platform rather than from its exchange offerings. With only 65 tradable cryptos, investment options center on top assets.

However, as a lending and borrowing platform, Nexo excels. With the ability to earn up to 16% yields in just a few clicks, Nexo becomes an attractive option for investors who want to put their crypto to work. Borrowing rates as low as 0% make Nexo a viable alternative for crypto-backed loans. As a caveat, we’d like to see better transparency regarding reserves, assuring depositors that their crypto is safe on the platform.

FAQs

Is Nexo a trusted platform?

Nexo’s users on Trustpilot generally trust the platform, awarding Nexo with a 4.7 out of 5 TrustScore, which is among the highest scores for any crypto-related platform.

Is Nexo safe to use?

We’re not aware of any hacks or breaches with Nexo. The platform also offers two-factor authentication as well as biometric authentication for its mobile app.

Is Nexo better than Coinbase?

Nexo offers better borrowing terms compared to Coinbase, which only offers borrowing with BTC as collateral. By contrast, Nexo supports borrowing in dozens of cryptocurrencies as well as USD.

Can I use Nexo in the US?

Currently, most of Nexo’s services are blocked in the US.

The post Nexo Review in 2024 – Pros & Cons Revealed appeared first on Cryptonews.

]]> 12 Best Micro-Cap Cryptocurrency to Invest in 2024 https://cryptonews.com/guides/best-micro-cap-crypto.htm Wed, 10 Jan 2024 22:48:17 +0000 https://cryptonews.com/?post_type=guides&p=141497.htm Looking to invest in the best micro-cap cryptocurrencies for upside potential? In this guide, we discuss quality micro-cap coins that could generate huge returns during the next bull run. Read on to discover the next 100x crypto gem. The Best Micro-Cap Cryptocurrencies to Invest in Here’s a list of the best micro-cap cryptocurrencies for 2024: Bitcoin […]

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Looking to invest in the best micro-cap cryptocurrencies for upside potential? In this guide, we discuss quality micro-cap coins that could generate huge returns during the next bull run. Read on to discover the next 100x crypto gem.

The Best Micro-Cap Cryptocurrencies to Invest in


Here’s a list of the best micro-cap cryptocurrencies for 2024:

  1. Bitcoin Minetrix – Revolutionary cryptocurrency is decentralizing the cloud mining space. Stake $BTCMTX and earn tokenized cloud mining credits and high staking APYs.
  2. Sponge V2 – Popular meme cryptocurrency is upgrading to a V2 version – offering high staking APYs and a new play-to-earn gaming ecosystem.
  3. Meme Kombat – New meme coin allows $MK investors to enter a play-to-earn battle arena and wager on live battles. Stake $MK and earn high staking APYs.
  4. Scotty the AI – New AI-based cryptocurrency has recently launched on presale. $SCOTTY can be staked to earn high staking rewards and swapped on the ecosystem.
  5. Tamadoge – Earn TAMA Tokens in the Metaverse by Minting an NFT Pet
  6. SushiSwap – Decentralized Exchange With Borrowing and Lending
  7. Gala – Blockchain Guild Hosting Play-to-Earn Games
  8. inSure DeFi – Web3 Insurance for Crypto Portfolio Scams
  9. Ribbon Finance – Yields Generated Through Automated Derivative Strategies
  10. Prom – NFT Marketplace for In-Game Assets
  11. Band Protocol – Cross-Chain Data Oracles for Smart Contracts
  12. JUST – DeFi Tools for the TRON Network

A Closer Look at the Top Micro Market Cap Crypto Coins


When selecting the best micro-cap crypto to buy, investors need to look at factors other than just the market capitalization. This includes the use case of the crypto token, what market it operates in, and the upside potential of the project.

Below, we analyze the best micro-cap cryptocurrencies to invest in today.

1. Bitcoin Minetrix – Overall Best Micro Cap Crypto to Buy on Presale

At the top of our list for the best micro cap cryptocurrency is Bitcoin Minetrix ($BTCMTX). This revolutionary cryptocurrency leverages blockchain technology to decentralize the cloud mining space. Bitcoin Minetrix presaleCloud mining is a process where individuals can rent mining power from centralized businesses. However, this space is plagued with fraudulent activities and scams. To solve this problem, Bitcoin Minetrix is tokenizing cloud mining. $BTCMTX, the native token, can be staked on the Ethereum-based smart contract.

As your tokens are staked, you can start generating tokenized cloud mining credits. These credits can be burned to acquire rented mining times, to earn a portion of Bitcoin mining revenues. Furthermore, staking $BTCMTX leads to APYs (Annual Percentage Yields) as high as 73%. From a total supply of 4 billion – 70% has been allocated to the ongoing presale. This micro-cap crypto has raised more than $9 million since the presale launched a few months ago. Bitcoin Minetrix Stake-to-Mine MechanicsAt press time, $BTCMTX is priced at $0.013 on presale. The price will increase to $0.0148 by the final presale round. For more information on this cryptocurrency, go through the Bitcoin Minetrix whitepaper and join the Telegram channel

Presale Started 26 Sept 2023
Purchase Methods  ETH, USDT, BNB
Chain Ethereum
Min Investment $10
Max Investment None

 

2. Sponge V2 – Upgraded Token Version of Sponge Offers High Staking Yields 

Sponge soared into the scene in 2023 – instantly becoming one of the top meme coins of the year. Now, the popular cryptocurrency is revamping itself by offering additional use cases. Sponge V2 Token SaleSponge V2 is the upgraded version of Sponge. Using the stake-to-bridge mechanism, Sponge will connect V1 token holders with the new V2 token. Existing V1 token holders can stake their tokens on the newly launched V2 smart contract. You will receive an equal amount of V2 tokens, once your V1 tokens are locked-in. Furthermore, the V2 smart contract will offer annual yields for the next four years.

At the time of writing, investors can generate 286% staking APYs on the V2 contract. So far, more than 5.2 million tokens have been staked through the new smart contract. Sponge will also launch a new play-to-earn racer game – where players compete to climb up an online leaderboard. The top performers will be rewarded with $SPONGE tokens. From a total supply of 150 billion – over 51% of the tokens will be offered through staking and P2E gaming rewards. Sponge P2E GameWhile $SPONGE is currentlypriced at $0.000930 per token, $SPONGEV2 will be launched at $0.000025 per token. Read the Sponge V2 whitepaper and join the Telegram channel for more information.

Presale Started 17 Dec 2023
Purchase Methods  ETH, USDT, Card
Chain Ethereum
Min Investment None
Max Investment None

 

3. Meme Kombat – New Meme Coin Offers Staking and Wagering Rewards

Meme Kombat ($MK) is a new meme cryptocurrency that is soaring on presale. With $MK, investors can generate passive income, take part in live battles, and wager on competitions. Meme Kombat crypto presaleAccording to the Meme Kombat whitepaper, the platform will launch an AI-based battle arena. This arena will feature live battles between a number of meme coin avatars. You can pick your avatars, and engage in battle. The first season of the battle arena will feature 11 avatars – ranging from popular meme coins such as Pepe and Spongebob. Players can engage on 1 v 1 battles, and even take on the CPU.

$MK token holders can wager their holdings on the live battles to earn rewards. For example, you can wager $MK and predict the outcome of the battle. Players can also wager tokens on other live battles taking place inside the arena. To generate passive income, $MK can be staked on the smart contract. At press time, you can earn 129% APYs by locking-in $MK.Meme Kombat tokenomicsFrom a total supply of 120 million – 60 million tokens have been set aside for the ongoing presale. Since the presale launched, Meme Kombat has raised more than $7.2 million. Currently, $MK is priced at $0.279 per token. Join the Meme Kombat Telegram channel to stay updated with this new cryptocurrency.

Presale Started 21 Sept 2023
Purchase Methods  ETH, USDT, BNB
Chain Ethereum
Min Investment $10
Max Investment None

 

4. Scotty the AI – New Presale Crypto Boasts Advanced AI Capabilities

Scotty the AI ($SCOTTY) is a new cryptocurrency centered around artificial intelligence. The platform leverages advanced AI algorithms to bring more security in the crypto space. Scotty the AI presaleScotty the AI can analyze complex blockchain codes, mitigate risks, and track suspicious activities on the blockchain. According to the Scotty the AI whitepaper, the platform will also release a chatbot that can effectively communicate with humans. Termed ‘Scotty Chat’ – the platform will leverage AI tools, such as Natural Language Processing, to create an online AI chatbot that can interact with customers.

The $SCOTTY token can be swapped with other cryptos in the future through a staking mechanism. Currently, this micro-cap crypto is available to purchase during the early presale stages. From a supply of 1.734 billion – 30% is allocated for the presale. Currently, the token is priced at $0.005, and has raised over $129K. Scotty the AI TokenomicsA successful presale can help $SCOTTY secure listings on tier-one crypto exchanges. The token is already set to be listed on Uniswap and BitMart – two of the biggest crypto platforms in the space. Join the Scotty the AI Telegram channel for more information.

Presale Started January 2024
Purchase Methods  USDT, ETH, Card
Chain Ethereum
Min Investment 10 $SCOTTY
Max Investment None

 

5. Tamadoge – Earn TAMA Tokens in the Metaverse by Minting an NFT Pet    

Tamadoge

(TAMA) is also one of the best micro-cap cryptos to buy today. This project has a broad ecosystem that covers a wide range of web3 products. But at its core, Tamadoge is a play-to-earn game that requires players to mint a virtual pet NFT. Tamadoge pets are randomly generated from Ethereum smart contracts. As such, each pet is unique and has its own traits.

Players can then train their pets to improve their strengths. Moreover, players can feed their Tamadoge pets and even enter battles with other users. There will be a leaderboard that rewards successful players with TAMA tokens. Tamadoge is also building a metaverse. Called the ‘Tamaverse’, this will offer play-to-earn games in an immersive environment.

The Tamadoge whitepaper also states that augmented reality will be incorporated into its NFT games. Tamadoge completed its presale in late 2022 and is now listed on many exchanges, including OKX, Gate.io, and Uniswap. Tamadoge has a market capitalization of just $12 million. As such, this is one of the best micro-cap tokens for long-term upside.

 

6. SushiSwap – Decentralized Exchange With Borrowing and Lending

SushiSwap (SUSHI) is one of the best micro-cap cryptos for investing in decentralized finance. Its proprietary exchange supports a range of services. This includes token swaps generated by an automated market maker (AMM) protocol. In simple terms, this allows a trader to buy a cryptocurrency without a seller.

This is because the AMM uses liquidity pools. Investors can provide liquidity to a pool to earn interest. SushiSwap offers attractive APYs and investors can withdraw their tokens at any time. SushiSwap also supports decentralized loans. SushiSwap has its own native token, SUSHI. Previously trading with a market cap of nearly $3 billion, SUSHI is now worth just $300 million.

7. Gala – Blockchain Guild Hosting Play-to-Earn Games

While play-to-earn gaming projects generally create their own titles, Gala (GALA) does things differently. Put simply, Gala operates a gaming guild on top of the Ethereum blockchain. It enables developers to create and run their games on Gala, all of which offer play-to-earn rewards. Moreover, rewards are paid in the project’s native token, GALA.

Across 28 games, Gala has distributed more than $2.2 billion worth of rewards. All Gala games also come with in-game ownership, backed by an Ethereum NFT. Gala has also entered the world of decentralized music and film. This allows artists to sell their creations and dictate their own terms. GALA is currently trading with a market cap of just $290 million.

8. inSure DeFi – Web3 Insurance for Crypto Wallet Scams  

Launched in 2020, inSure DeFi (SURE) is looking to bridge the gap between insurance and crypto investments. In a nutshell, the project insures crypto wallets against the threat of a scam. For example, if the crypto wallet is hacked and the tokens are stolen, the user can make a claim. In terms of the specifics, users will first need to buy SURE tokens.

This is the utility token backing the project and the insurance kicks in seven days after making the purchase. Moreover, the SURE tokens need to be stored in a private wallet and not an exchange. After investigating and approving the claim, inSure DeFi will cover the loss, payable in SURE tokens. As of writing, inSure DeFi has a market capitalization of just $115 million.

9. Ribbon Finance – Yields Generated Through Automated Derivative Strategies  

Ribbon Finance (RBN) is also one of the best micro-cap cryptocurrencies to consider today. It has built an innovative system that generates yields from crypto derivatives, such as options and futures. Some of its core strategies include covered calls, put-selling, and principal protections. Yields depend on the strategy and the token being traded.

For example, covered calls on Ethereum are currently yielding an APY of 70%. From the perspective of investors, the process is passive. Investors simply need to choose their preferred strategy and deposit some crypto. Ribbon Finance has some serious backers, including Coinbase Ventures and Paradigm. Its native token RBN has a market cap of just $125 million.

10. Prom – NFT Marketplace for In-Game Assets

While many blockchain games enable users to earn and buy in-game items, not all projects have an in-built marketplace. Prom (PROM) has solved this issue by creating a decentralized marketplace that allows users to sell their gaming NFTs. 27 games are supported with more being added in the coming months.

This includes MetaSoccer, Elips Battle, Cryptoblades, and Tiny World. Users can set their own price when listing an in-game NFT and multiple digital currencies are supported. Moreover, Prom also enables users to rent NFTs, allowing the owner to earn passive income. Its utility token PROM, has a market capitalization of just over $91 million.

11. Band Protocol – Cross-Chain Data Oracles for Smart Contract

Another project that caught our eye when searching for the best micro-cap cryptocurrencies is Band Protocol (BAND). Launched in 2019, Band Protocol specializes in data oracles for smart contracts. This means that it provides real-world data to the blockchain. Not only that, but Band Protocol has cross-chain functionality.

This means that it can provide real-world data to multiple network standards without requiring a third party. While its protocol receives an average of 33,000 requests per day, it is able to facilitate data blocks in just six seconds. According to CoinMarketCap, Band Protocol had a market cap of just $50 million at the start of 2023. It has since increased to $200 million.

12. JUST – DeFi Tools for the TRON Network

Although TRON has one of the most efficient blockchains for speed, fees, and scalability, it lacks a comprehensive range of DeFi tools. That was until JUST (JST) entered the market with its decentralized suite of lending and earning services. The platform specializes in TRC-20 tokens and popular liquidity pools cover TRX, BTT, USDT, and TUSD.

JST is the project’s native governance token, enabling holders to cast votes on how JUST is run. Users can also mine JST for additional rewards. When JUST was launched in 2020, it was trading at just $0.0084. As of writing, JUST is worth $0.026 per token – representing growth of 200%. This translates into a market capitalization of $228 million.

What is Micro-Cap Crypto?


Micro-cap cryptocurrencies refer to projects with a small market capitalization. This is often a valuation of under $300 million, similar to micro-cap stocks. While micro-cap cryptocurrencies can be ultra-volatile, they also offer an attractive upside.

This is because micro-cap cryptocurrencies have the potential to generate sizable gains. After all, it doesn’t take as much buying pressure to quickly increase the value of a micro-cap cryptocurrency. This is because there is less liquidity and depth in the market.

For example, if an investor buys $100,000 worth of a cryptocurrency with a market cap of just $5 million, this could increase the price by double-digit percentages. This isn’t the case with multi-billion dollar projects like Bitcoin. In fact, a $100,000 buy order would barely move the market at all.

How to Find Micro Market Cap Cryptocurrencies?


Read on to discover what methods seasoned investors use when researching the best micro-cap cryptocurrencies.

Use CoinMarketCap to Source Micro-Caps

CoinMarketCap is a great starting point when searching for the best micro-cap cryptos. By default, the data aggregator website lists cryptocurrencies in descending order by market capitalization.

This means that investors simply need to get down to $300 million and this will display thousands of micro-cap coins.

Investors can then research their chosen projects by reading the whitepaper, assessing the token’s use cases, and more.

Invest in Presales for the Best Entry Price

The vast majority of crypto presales will offer access to a newly launched micro-cap token. This is because presales are fundraising campaigns that help fund a new project.

The project will sell its native token at a huge discount to early investors. After the presale sells out, the token is then listed on an exchange.

Not only do presales allow micro-cap investors to secure an attractive entry price, but there is often an immediate upside on offer.

Look for Concepts That Could Become Global

Another strategy to consider when searching for the best micro-cap tokens is to focus on innovative concepts.

Think along the lines of investing in social media in the early 2000s or EVs in the 2010s. In doing so, investors can gain exposure to new markets before they have had the chance to blossom.

Are Micro-Cap Crypto Gems a Good Investment?


Whether or not micro-cap cryptocurrencies are worth buying will depend on the goals and risk tolerance of the investor.

Here’s what to consider before proceeding:

Consider the Enhances Risk

All cryptocurrencies are considered risky investment products. However, those with a micro-cap valuation come with an even greater level of risk.

After all, if a whale sells a huge chunk of tokens via a single trade, this could wipe a sizable amount of value from the project.

Moreover, many micro-cap cryptocurrencies are backed by up-and-coming projects. Many of which never meet the expectations of their investors.

Long-Term Upside Can be Huge

While riskier than large-cap projects, micro-cap cryptocurrencies invariably offer a much higher upside. This is especially the case in the long run, as newly launched projects have time to grow organically.

Moreover, many micro-cap projects are at the start of their development phase. This means that it can take several years for the concept to reach the masses. But nonetheless, the upside potential of a token with a micro-cap valuation can be significant.

For instance, when Shiba Inu was launched in mid-2020, it was worth just a few million dollars. In just over a year, Shiba Inu went on to reach a market cap of over $40 billion. This translates into gains of over 10,000x.

Micro-Caps are Ideal for Small Investments

Those on a budget are constantly on the lookout for the best micro-cap cryptocurrencies. The reason for this is that even with a small investment, if a micro-cap ‘moons’ the returns can be sizable.

  • For example, when BNB launched in 2017, it had a market capitalization of just over $10 million.
  • Today, BNB is worth over $50 billion.
  • This amounts to growth of over 500,000%.
  • Therefore, investing just $100 in BNB in 2017 would now be worth $500,000.

Conclusion


Finding the next 100x gem is often a case of focusing on quality micro-cap cryptocurrencies. This is because micro-caps have considerable room for growth, especially if they are behind innovative concepts.

The top micro cap crypto on our list is Bitcoin Minetrix ($BTCMTX). This cryptocurrency decentralizes the cloud mining space by offering tokenized credits. Investors can stake $BTCMTX and earn high APYs and mining revenues.

 

FAQs

What is a micro-cap crypto?

Micro-cap cryptocurrencies have a market capitalization of under $300 million. In a similar way to micro-cap stocks, this market is attractive to investors that seek huge returns. This is why the Bitcoin Minetrix ($BTCMTX) is a  presale proving so popular.

What are the best micro-cap cryptos to buy?

Overall, Bitcoin Minetrix is the best micro-cap crypto to buy today. The crypto has raised more than $9 million since the start of its presale – and offers high staking APYs.

The post 12 Best Micro-Cap Cryptocurrency to Invest in 2024 appeared first on Cryptonews.

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Donbet Casino Review, Bonuses & Promo Codes 2024 https://cryptonews.com/guides/donbet-review.htm Wed, 10 Jan 2024 10:08:42 +0000 https://cryptonews.com/?post_type=guides&p=149548.htm Donbet is a new casino and sportsbook offering a unique theme, generous bonuses, and tons of ways to bet. The casino has more than 6,000 games and the sportsbook offers more than 30 markets, including live betting and esports betting. So is Donbet the best place to wager today? Find out more about this casein […]

The post Donbet Casino Review, Bonuses & Promo Codes 2024 appeared first on Cryptonews.

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Donbet is a new casino and sportsbook offering a unique theme, generous bonuses, and tons of ways to bet. The casino has more than 6,000 games and the sportsbook offers more than 30 markets, including live betting and esports betting.

So is Donbet the best place to wager today? Find out more about this casein and sportsbook in our complete Donbet review.

What is Donbet?


Donbet is a new online casino and sportsbook launched in late 2023. It’s operated by Santeda International B.V. and licensed in Curacao.

Donbet Review

This fiat and crypto gambling platform offers a wide range of betting options. Players will find everything from slots and blackjack to live casino games and live sports betting to esports wagering and more.

The casino also has tons of bonus offers, including a $750 casino welcome bonus and a $600 sports welcome bonus. New and returning players can look forward to a lot of free cash at this casino.

Donbet Key Facts


Here are the key takeaways from our Donbet review:

Welcome Bonus Casino: 150% up to $750 + 50 free spins

Sports: 120% up to $600 

Bonus Code WELCOME
Available Games Slots, blackjack, roulette, baccarat, video poker, live dealer games, crash, plinko
Live Casino Games Yes
Sports Betting 30+ markets
Payment Methods Credit/debit card, Neteller, Skrill, Astropay, Payop, SEPA, Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Dash, Monero, Stellar
Minimum Deposit $10

 

Donbet Bonuses & Promos


Donbet offers a wide range of bonuses for both new and returning players. Let’s take a closer look at all the bonus details.

Donbet Welcome Bonus Offers

Donbet offers multiple welcome bonus offers for new players.

Casino: New players at the Donbet casino earn a 150% deposit match up to $750 + 50 free spins with Donbet promo code WELCOME. The minimum deposit is $20 and the bonus comes with a 30x wagering requirement.

Donbet Welcome Bonus

Sports: New players at the Donbet sportsbook earn a 120% deposit match up to $600. There’s no Donbet bonus code required, but players have to manually activate the bonus after making a minimum $20 deposit. The bonus comes with a 10x wagering requirement.

Mini Games: Donbet offers another welcome bonus just for mini games like plinko, crash, and dice. It’s a 100% deposit match up to $600. The bonus requires a minimum deposit of $20 and can be activated in a player’s account. It comes with a 30x wagering requirement.

Crypto Welcome Bonus: Players can claim a 170% deposit match bonus up to $1,000 + 1,000 free spins when they make their first deposit in cryptocurrency. The minimum deposit is $50 and players must use promo code DONBET. The bonus comes with a 30x wagering requirement.

Donbet Casino Shitcodes

Donbet doesn’t offer any shitcodes on top of the promo codes and manually activated bonuses currently available.

Existing Customer Promos

10% Loyalty Bonus: All returning players at Donbet earn a 10% bonus on deposits of $100 or more. The bonus can be used at the casino or sportsbook, but not on live dealer casino games. The maximum bonus is $500 and it includes a 25x wagering requirement.

3+1 Freebet: Players at the Donbet sportsbook receive every 4th bet free. The amount of the free bet is the average of the values of the previous 3 wagers. The maximum free bet is $100 and there’s no wagering requirement.

Donbet Loyalty Program

There’s no Donbet VIP program at this time. This is somewhat unusual since casinos routinely use loyalty programs to encourage players to return.

Donbet Bonus Promo Codes


There are Donbet bonus codes for the casino welcome bonus and crypto welcome bonus:

  • Casino welcome bonus: WELCOME
  • Crypto welcome bonus: DONBET

All other bonuses must be activated manually after making a deposit.

Donbet No Deposit Bonus Codes

There is no Donbet bonus code that offers a no deposit bonus at this time, however, you can check our Best no deposit bonus casinos list here and choose a casino for yourself.

What Games Can You Play at Donbet?


Donbet has an enormous selection of more than 6,200 casino games from some of the biggest software studios in the industry. We’ll cover some of the most popular Donbet casino games.

Slots

Donbet has more than 5,000 slot games from providers like Red Tiger, Endorphina, No Limit City, Play’n GO, Pragmatic Play, Relax Gaming, and many others. Players can search for slot games by name or browse lists of drops and wins slots, bonus buy slots, Megaways slots, and jackpot slots.

Donbet Slot Games

Even better, players can save their favorite slots for fast access in the future. Many casinos don’t allow bookmarking games, and this makes it much easier to return to favorite games.

One minor drawback is that players can’t play slot games in demo mode at Donbet.

Roulette

Donbet has more than 60 virtual roulette games and 63 live dealer roulette tables. There’s also a roulette mini game. Players will find a wide selection of roulette variants including titles like XXXtreme Lightning Roulette, PowerUP Roulette, Oracle 360, and more.

Donbet Roulette Games

Blackjack

There are more than 70 virtual blackjack games and more than 80 live dealer blackjack tables at Donbet. High rollers can play at VIP tables and there are tons of variations like single deck and multi-hand blackjack available.

Poker

Donbet has 58 video poker games and 7 live dealer poker tables. Options include:

  • Joker Poker
  • Casino Hold’em
  • Triple Edge Poker
  • Teen Patti
  • Aces and Faces

Live Dealer Games

Donbet has more than 200 live dealer games including blackjack, roulette, baccarat, poker, and game show games. Live game show games include Monopoly, Deal or No Deal, Mega Wheel, Cash or Crash, and many others.

Donbet Live Dealer Games

The selection of live dealer games shows that Donbet is serious about capturing players’ attention. Many industry experts believe that live online dealer games represent the casino industry’s future.

Other Games

Donbet offers mini games that include hilo, plinko, keno, crash, dice, and roulette.

Donbet Mini Games

Donbet Sports Betting


Donbet has made an aggressive push into sports betting, an industry that’s worth more than $83 billion. Let’s take a look at what players can bet on at Donbet.

Donbet Sports Betting Markets

Donbet carries wagers for more than 30 popular sports markets. Bettors can wager on football, basketball, hockey, soccer, fighting, rugby, golf, tennis, and more. Donbet even takes bets on less popular sports like cycling, lacrosse, volleyball, and alpine skiing.

Donbet Sportsbook

There are dozens of prop bets available for most matches. In addition, Donbet offers live sports betting on matches already underway. Live betting enables players to wager as the action unfolds, with odds that change in real-time.

Notably, Donbet takes wagers on a wide range of esports. Esports betting games include:

  • Counter-Strike
  • DOTA 2
  • League of Legends
  • Valorant
  • Rainbow Six
  • Warcraft 3
  • Call of Duty

Players can also bet live on esports matches.

Donbet Betting Odds

Donbet has fairly competitive odds, which helps it stand out among the best Bitcoin sports betting sites. Players can look forward to finding fair payouts for bets at this sportsbook and boosted odds for parlays and teasers.

It’s also important to remember that players get every 4th bet free at Donbet. That doesn’t impact the odds for any one bet, but it does increase the chances that bettors at the Donbet sportsbook will turn a profit.

What Software Does Donbet Use?


Donbet games come from more than 90 software providers around the world. The list of providers at Donbet includes some of the biggest names in the casino industry, such as:

  • Red Tiger
  • NetEnt
  • Pragmatic Play
  • Hacksaw
  • Gamomat
  • Microgaming
  • Yggdrasil
  • Belatra

Donbet Software Providers

Even the live dealer games at Donbet are powered by many different providers. Whereas some casinos only use a single provider for live dealer games, Donbet uses 8 providers:

  • Pragmatic Play
  • Evolution
  • Lucky Streak
  • PlayTech
  • EGT
  • Ezugi
  • PROGaming
  • SA Gaming

Donbet Deposits & Withdrawals


Donbet, one of the best credit card casinos accepts a wide range of fiat and crypto payments, making this gambling site accessible to a wide range of players.

For fiat deposits, players can use:

  • Credit/debit cards
  • Neteller
  • Skrill
  • Astropay
  • Payop
  • SEPA

For crypto deposits, players can transfer:

  • Bitcoin
  • Bitcoin Cash
  • Ethereum
  • Litecoin
  • Ripple
  • Dash
  • Monero
  • Stellar

The casino requires a minimum deposit of $10 for all payment methods. The minimum withdrawal is also just $10.

Donbet Payment Methods

Withdrawals are processed within hours. Transfers are instant after processing for most cryptocurrencies but can take up to 3 days for fiat payments, however, if you are searching for instant payments, check out our Fastest payout online casinos guide.

Importantly, Donbet follows anti-money laundering rules and requires all players to undergo a Know Your Customer (KYC) check before moving money to or from the casino. The KYC check requires players to submit their ID.

Payment Methods Credit/debit card, Neteller, Skrill, Astropay, Payop, SEPA, Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Dash, Monero, Stellar
Minimum Deposit $10
Minimum Withdrawal $10
Withdrawal Time Hours to 3 days

Donbet Interface & User Experience


Donbet has a cartoonish set of characters that serve as mascots for the gambling site and give it a unique character. While it doesn’t impact the play experience much, the gangster-looking characters give the platform a unique look that we appreciated during our Donbet review.

There were other aspects of the Donbet user interface that we liked even more. First, it’s incredibly easy to create a casino account. Players can submit all their information in a single form and clear the KYC check in minutes. It’s easy to make a deposit and activate bonuses on the player account page.

At the casino, Donbet lets players save their favorite games to a “favorites” list—a great feature that we wish more of the top Bitcoin casinos would incorporate. There’s also an excellent search function to help players find games and the ability to filter games by software provider.

Another nice touch is that the live casino is separate from the rest of the casino. This is helpful since not all Donbet bonuses work for live casino games.

Donbet’s sportsbook is also very easy to navigate, offering a list of all sports markets on one side of the site and the bet slip on the other. Players can easily navigate to live matches to bet on games that are already underway. It’s also straightforward to click on any upcoming match and see all of the available prop bets.

Donbet Esports Betting

The sportsbook supports decimal, American, and fractional odds, and players can easily toggle between these depending on their preference. Another nice touch is that Donbet offers time filters, enabling players to sort through available bets based on the time that a match is expected to start.

Does Donbet Have a Mobile App?


Donbet doesn’t have a mobile casino app, but its online platform is responsive and mobile-friendly. This is the approach many modern online gambling platforms have taken, since players don’t need to download a dedicated app. Donbet’s mobile site offers all the same betting options, payment methods, and account controls that players would get when playing on a computer.

Donbet Security


Donbet is owned and operated by Santeda International B.V., which also operates the online casinos Velobet, Rolletto, Mystake and Goldenbet. All of Santeda’s online casinos, including Donbet, are licensed by Gaming Curacao.

Gaming Cuarao updated its regulations in 2023 to adapt to the changing online gambling landscape and ensure players’ safety. So, holding a license from this regulator is a promising sign for a relatively new casino.

Donbet secures players’ accounts with SSL encryption and uses BitGo to process crypto payments. While the casino is still new, we were impressed by the steps it has taken to safeguard players’ accounts and funds.

Donbet Casino Pros & Cons


Let’s explore some of the key pros and cons that prospective players should consider before signing up:

Pros

  • Welcome bonuses for casino, sports, mini games, and crypto
  • Accepts a wide range of fiat and crypto payment methods
  • 6,200+ casino games including 200+ live dealer games
  • 30+ sports betting markets with live betting and esports betting
  • Excellent player interface with ability to save favorite games

Cons

  • Doesn’t allow players to demo casino games
  • No VIP program
  • Is not amex casino

The Verdict


Our Donbet review found a lot to like about this new casino and sportsbook. It offers more than 6,200 casino games and more than 30 sports betting markets, including live betting. Players can claim nearly $3,000 and 1,050 free spins when joining the platform. Plus, Donbet offers an outstanding player experience that’s just as smooth on mobile devices.

Check out Donbet today and use promo code WELCOME to claim the $750 casino welcome bonus.

References

FAQs


Is Donbet legit?

Donbet is owned by Santeda International B.V., a gambling operator that runs multiple online casino sites. Donbet holds a license from Gaming Curacao and has multiple measures in place to protect players’ accounts.

What games can you play at Donbet?

Donbet has more than 6,000 casino games including slots, blackjack, roulette, baccarat, instant win games, and live dealer games. Donbet also has a sportsbook with more than 30 betting markets, including esports betting and live betting.

What is the Donbet welcome bonus?

Donbet offers new players a 150% deposit match up to $750 + 50 free spins at the casino and a 120% deposit match up to $600 at the sportsbook. Players can claim a 170% deposit match bonus up to $1,000 + 1,000 free spins on their first crypto deposit.

The post Donbet Casino Review, Bonuses & Promo Codes 2024 appeared first on Cryptonews.

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11 Best Crypto Wallets in South Africa https://cryptonews.com/guides/best-crypto-wallets-south-africa.htm Wed, 10 Jan 2024 09:14:00 +0000 https://cryptonews.com/?p=118509 Choosing a suitable crypto wallet is crucial – not only in terms of safety but for sending and receiving tokens. In this guide, we compare the best crypto wallets in South Africa for 2024.  Read on to discover the top crypto wallets for security, features, usability, fees, privacy, and much more.  List of the Best […]

The post 11 Best Crypto Wallets in South Africa appeared first on Cryptonews.

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Choosing a suitable crypto wallet is crucial – not only in terms of safety but for sending and receiving tokens. In this guide, we compare the best crypto wallets in South Africa for 2024. 

Read on to discover the top crypto wallets for security, features, usability, fees, privacy, and much more. 

List of the Best Crypto Wallets for South African Investors 

Here’s an overview of the best crypto wallets in South Africa:

  1. Best Wallet – This is the best crypto wallet for South African investors for 2024 because it can store coins and tokens from various blockchains like Ethereum, Polygon and BNB, it can seamlessly swap them, and it can hold your NFTs all within one mobile app. Its upcoming features are what will set Best Wallet apart from any competitor. This includes market insights and advanced charts as well as token analytics and sentiment.
  2. Zengo – One of the best crypto wallets for South Africans who are concerned about security, with over 1 million customer serviced and not a single reported hack. Users can buy, sell, and trade over 120 cryptocurrencies, connect to dApps through a dApp marketplace, and buy, sell, and trade NFTs from multiple networks.
  3. YouHodler – Offers high-yield APYs, up to 15% on crypto and 12% on stablecoins, with a loan feature offering a 90% LTV. Users can swap between 60+ trading pairs and enjoy API support for automated strategies. Assets are Ledger Vault-secured and insured up to $150 million, with 2FA for added security.
  4. Ledger – Specializes in high-security hardware wallets and is compatible with over 5,500 cryptos. It has improved security features that include PIN-protected transactions and a 25-word passphrase. Also, ledger Live app integration allows portfolio tracking and DeFi access.
  5. Trezor – Trezor is one of the safest storage options for long-term crypto investors. As one of the best crypto hardware wallets, it requires users to enter a PIN when transferring funds. The Trezor device is always offline, removing the threat of remote hacks. Trezor supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, XRP, Litecoin, and Dogecoin. 
  6. Trust Wallet – Trust Wallet is a decentralized wallet, meaning investors take control of their private keys. It supports dozens of blockchain standards and over 4.5 million digital assets. Trust Wallet comes with many in-built features, including trading, staking, and support for Web3 applications. Trust Wallet can be downloaded as a browser extension or mobile app.
  7. Binance – Binance is a leading crypto exchange that also offers an in-built wallet. This is a custodian wallet that supports hundreds of cryptocurrencies, ranging from Bitcoin and BNB to Ethereum, XRP, and Shiba Inu. The Binance wallet is one of the best options for active traders seeking low commissions. It also supports savings accounts and staking. 
  8. MetaMask – This is one of the best crypto wallets for storing ERC20 tokens. MetaMask is free to use and can be downloaded as a browser extension for Chrome, Firefox, Edge, and Brave. MetaMask also comes as an app for iOS and Android. In addition to the Ethereum blockchain, MetaMask is also compatible with the Binance Smart Chain and several layer 2 networks, including Polygon. 
  9. OKX – OKX is a non-custodial wallet supporting MPC (Multi-Party Computation) security. This is an innovative safeguard that ensures private keys do not have a single point of failure. The OKX wallet supports 50+ blockchains and comes with an aggregator bridge. This allows users to swap tokens and earn interest without leaving the wallet interface. 
  10. Coinbase – Coinbase is a popular crypto exchange that offers a custodian wallet service. Accessible via web browsers and an iOS/Android app, Coinbase offers the perfect balance between security and user-friendliness. The wallet allows users to store, trade, and earn crypto in one safe place. It also supports fiat money payments, including debit/credit cards and PayPal. 
  11. Exodus – This is a multi-asset crypto wallet available as a browser extension, mobile app, and desktop software. Users have full control of their private keys, and there is no requirement to provide any personal information when getting started. Exodus supports thousands of cryptocurrencies across over 50 blockchain networks. It also allows users to connect to Web3 applications. 

Crypto Wallets Explained 

Choosing a suitable crypto wallet is crucial. Investors will need to select a wallet that offers adequate security controls, a user-friendly interface, and convenient accessibility. In addition, investors will need to consider what features they seek from a wallet, such as being able to trade or stake tokens. 

Crypto wallets come with many different functions, but they are primarily used to store digital currencies. For example, consider an investor who buys Bitcoin from a crypto exchange in South Africa. Instead of trusting the exchange to keep the tokens safe, many investors will withdraw the funds to a private wallet. 

In doing so, the investor can retain full control of their cryptocurrencies. In addition, crypto wallets allow investors to send and receive funds. Transactions are conducted on a wallet-to-wallet basis and do not go through a centralized entity, such as a bank or e-wallet provider. Instead, wallet transactions are private and decentralized. 

Bitcoin Icon

When sending funds to another person, the user will need the receiver’s wallet address. No two wallet addresses are the same. After confirming the transaction, it will be executed by the underlying network. 

The best crypto wallets in South Africa come with additional features, allowing users to fully engage with the blockchain ecosystem. 

  • For example, wallet providers like Best Wallet and Binance support trading. This means that users can buy, sell, and trade cryptocurrencies without leaving their wallet. 
  • Providers like Trust Wallet and OKX come with staking tools, enabling users to earn passive income on their idle tokens. 

As we explain in more detail later, there are many different types of crypto wallets. For instance, non-custodial wallets provide users with their private keys. This means the user has full control of their crypto tokens. 

Custodial wallets, on the other hand, remove the need to secure private keys. This is because the custodian will keep the crypto tokens safe on behalf of investors. Investors also need to consider their preferred device type, such as a mobile or desktop wallet. 

Do You Need a Crypto Wallet? Key Reasons Explained 

There are various reasons why a crypto wallet is crucial when investing in digital currencies. This is the case for both short and long-term traders. 

Discussed below are the key benefits provided by the best crypto wallets in South Africa. 

Safely Store Cryptocurrencies

Cryptocurrencies are highly sought after by cybercriminals, due to their anonymous characteristics. Put otherwise, if an investor has their crypto tokens stolen remotely, the likelihood is that the funds will never be recovered. This is why wallets are so important, as they keep cryptocurrencies safe. 

The level of security offered by a wallet will vary greatly. 

For example, ‘cold’ wallets are always offline, so offer the greatest security controls. ‘Hot’ wallets are less secure as they are always connected to live servers. But hot wallets can still be protected by two-factor authentication and other security tools. 

Nonetheless, crypto wallets allow South Africans to store wealth away from banks and other financial institutions. 

Send and Receive Cryptocurrencies

Wallets also allow users to transact, often without a centralized intermediary. Transactions are processed on a wallet-to-wallet basis via public addresses. 

  • For example, suppose an investor wants to transfer some Bitcoin tokens to a family member. 
  • After providing the receiver’s wallet address, the Bitcoin transaction should be confirmed by the blockchain in about 10 minutes. 

If the investor wishes to receive Bitcoin from another person, they would need to provide their unique wallet address. 

Additional Features

The best crypto wallets for South African traders come with additional functionality. This removes the need to use third parties when engaging with the blockchain ecosystem. 

  • Some wallets allow users to swap tokens instantly. For example, swapping Bitcoin for Dogecoin without needing to use an exchange. 
  • Earning passive income is also possible when using a top-rated wallet. The most common methods include staking and yield farming. 
  • Many wallets are able to connect to Web3 applications. This includes decentralized exchange and lending platforms, offering a world of possibilities for South African investors. 

While security should be the main priority when choosing a wallet, investors should also explore what features are available. 

Top Crypto Wallets in South Africa: Full Reviews  

There are many metrics that should be considered when choosing the best crypto wallet for South African traders. This includes everything from fees and security to accessibility, user-friendliness, and core features. 

Below, we rank and review the best crypto wallets in South Africa for 2024. 

1. Best Wallet – The Overall Best Crypto Wallet for South African Traders and Investors

Best Wallet is our top pick for the best crypto wallet in South Africa for 2024. This wallet offers multi-chain support, meaning you can hold tokens on the Ethereum, Polygon and BNB blockchains, and you can swap them between chains. The team plans to add Bitcoin blockchain in the future, which will make it the ultimate crypto wallet for storing your coins.

This solves one major issue for crypto investors. Instead of having multiple crypto wallets for each blockchain, you can store all your coins in one wallet. What’s more, the team will add NFT support, meaning you can hold your digital collectibles in your wallet or you can exchange them directly from your wallet.

Best Wallet Introduction

Another useful feature is the Best DEX integration. This is a decentralized exchange that swaps your tokens. In addition, anyone with a crypto wallet can use the Best DEX as you don’t have to sign up. All it takes is to connect your wallet and you’re good to go.

Best Wallet and Best DEX users are eligible for the $BEST token drop, which is planned for Phase 6 of the wallet’s development.

BEST Token Airdrop

The $BEST token will be the ecosystem’s utility and governance token, meaning you can use it to vote in the Best Wallet governance or you can stake it to get benefits like feeless swaps.

You can now download the Best Wallet on your iOS and Android devices and use some of its features while new features are being built. In the future, the wallet will integrate market analysis, which comes with advanced price charts for the tokens you wish to trade. There will also be token analysis, where you can find trending tokens to buy or track investor sentiment for select tokens.

To put your mind at ease, Best Wallet comes with advanced security features such as two-factor authentication and PIN or biometrics unlocking, depending on your smartphone. So even if someone steals your phone, they won’t be able to access your crypto wallet.

Best Wallet Roadmap

Overall, this is more than just a crypto wallet. It’s designed to be the ultimate Web3 hub where you can swap coins between chains, trade NFTs and monitor the crypto market all within a single mobile app.

Stay up-to-date with new information on the Best Wallet Telegram channel and follow Best Wallet on X to get insights on feature releases and $BEST token airdrops. 

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Mobile app Non-custodial Supported tokens on various networks, including Ethereum, Polygon and BNB Smart Chain Depends on third-party service providers when you buy with a card Yes Staking is a planned feature To be announced

Pros

    • Overall best crypto wallet for South African investors 
    • Supports multiple blockchains
    • Employs 2FA and biometrics
    • Easily buy and sell cryptocurrencies without leaving the wallet
    • NFT gallery and marketplace
  • Using the app makes you eligible for $BEST token airdrops 

Cons 

  • No crypto wallet browser extension available at the moment
  • Third-party fees for buying crypto with a credit card

 

2. Zengo – Best Crypto Wallet for Security Conscious South Africans

Zengo is a highly-rated, mobile crypto wallet that has excellent customer reviews, and a rating of 4.2 stars on Trustpilot and 4.78/5 on the Apple App Store and Google Play Store. The wallet has been active since 2018, and they have since served over 1 million customers, and not received reports of a single hack. Features in the Zengo wallet include:

  • Support for 120+ cryptocurrencies including major blockchains and ERC20 tokens
  • Multi-chain NFT support
  • NFT gallery
  • 24/7 customer support
  • dApp marketplace
  • dApp connections facilitated by WalletConnect
  • Buy, sell, and trade cryptos and NFTs in-app

Zengo Wallet Homepage

The Zengo mobile wallet is protected by multi-party computation (MPC) cryptography, for which Zengo maintains the largest open source library. This wallet has also done away with the antiquated seed phrase, replacing it with a novel three factor authentication—which uses a 3D face scan, email address, and recovery file—that is used to recreate the user’s wallet on a new device. For the security conscious there is also a Pro version for $69.99 per year, which gives users multiple high-quality security features:

  • Web3 Firewall – Alerts about Web3 hacks and hack prevention
  • Theft Protection – 2-factor authentication for transactions above a user designated threshold
  • Legacy Transfer – Automatically transfer assets to another address after user-defined period of inactivity
  • Priority Support – Guaranteed responses with 1 hour (typically within 5 minutes)
Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Mobile app Self-Custody (non-custodial) 120+ cryptocurrencies including Bitcoin, Ethereum, Chainlink, and many of the most popular ERC20 tokens 0–4.5% Varying by which third-party service providers Yes Not yet available N/A

Pros

  • Support for over 120 cryptocurrencies
  • Support for NFTs from multiple blockchains
  • Buy, sell, and trade cryptocurrencies and NFT
  • Highly rated by customers
  • Connect to dApps through WalletConnect
  • 24/7 customer support

Cons

  • Does not support most Ethereum Layer 2s
  • Crypto prices are marked up compared to market prices

 

3. YouHodler – A Regulated Crypto Wallet With APY rewards And Security Features

YouHodler is a Swiss and EU-regulated crypto wallet designed to meet various needs, from earning high APY to getting crypto loans. 

With features like MultiHODL, Cloud Miner, and an integrated exchange, it offers a comprehensive solution for traders and investors.

The platform provides APYs of up to 15% on popular crypto like Litecoin and Solana. Stablecoins like USDT and USDC offer a solid 12% APY, depending on your account level. 

You still get a competitive 6% APY on stablecoins, even at the Basic level. Bitcoin holders also have a chance to earn up to 4.5% APY and additional BTC through Cloud Miner.

MultiHODL gives you access to trading tools and low, transparent fees if you’re more into active asset management. 

Youhodler Exchange Homepage

The exchange feature lets you swap over 60 trading pairs through desktop and mobile applications. API support for automated trading rounds out a robust trading experience.

YouHodler’s crypto loan feature is a plus for those needing immediate funds without selling assets. With a high loan-to-value ratio of 90%, you can collateralize your assets for fiat currencies like USD, EUR, CHF, GBP, or stablecoins. The loan offer starts at a minimum of $100.

Your assets are secured using Ledger Vault technology, covered by $150 million in pooled crime insurance. 

Youhodler Crypto Staking Rewards

Additionally, 2FA and biometric options are available for account security. YouHodler is regulated in Switzerland and some EU countries, giving an extra layer of assurance.

YouHodler also offers a loyalty program and has plans to introduce a debit card. Its high TrustPilot rating and active social media presence on platforms like Twitter and Telegram highlight its credibility.

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Hot Wallet Non-custodial Bitcoin, Ethereum, Polygon, Solana and more There’s no fee except for the bid/ask spread Yes Yes Up to 15%

Pros

  • Compatibility with a variety of cryptos
  • Earn up to 15% APY on select digital assets
  • Opportunity to accumulate Bitcoin via Cloud Miner
  • 90% LTV for asset-backed loans
  • Integrated crypto to fiat conversion

Cons 

  • Unavailable for users in the United States
  • Loan offers start at a $100 minimum

 

4. Ledger – Hardware Wallet for High Security and Flexibility Supporting 5500+ Cryptos

Ledger stands out as a promising option for those prioritizing the highest level of security in crypto storage. 

Started in 2014, it offers a range of hardware wallets designed to keep digital assets in cold storage, thus safeguarding them from online threats.

One of Ledger’s key strengths is its cold storage approach, which keeps your assets offline during transactions. 

To initiate an outgoing transaction, you must confirm it on the Ledger device by entering a user-created PIN. A unique feature is the 24-word passphrase, which is your private key. Ledger also allows adding a 25th word, up to 100 characters, increasing security measures. 

Even if someone gains access to your 24-word passphrase, they still can’t access your wallet without the 25th word. Moreover, the wallet can be remotely recovered if stolen.

Ledger Hardware Wallet Webpage

Ledger Live, the proprietary mobile and desktop app, improves user experience by providing an interface to monitor your crypto portfolio. 

This application isn’t just a monitoring tool; it allows users to connect to third-party services like 1inch DEX, MoonPay, and Lido staking, among others, for better utility.

The Ledger wallet can connect to mobile and desktop devices via USB cable or Bluetooth. This is particularly significant in the case of the Ledger Nano X model, which offers Bluetooth connectivity, enabling transactions on smartphones without the need for cables.

Ledger Hardware Wallet Shop

Ledger offers three primary products: Ledger Stax, Ledger Nano X, and Ledger Nano S Plus. Each product caters to different security needs and budget constraints. The Ledger Nano S Plus is the most affordable at $79.

Moreover, it has wide-ranging support for over 5,500 cryptos, covering networks like Bitcoin, Ethereum, Binance Smart Chain, Cardano, Monero, XRP, and Stellar.

Ledger also offers an extensive library of educational content, including tutorials and guides on staking coins, cloud mining, and more, making it a comprehensive platform for beginners and experienced crypto enthusiasts.

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Hardware wallet Non-custodial Over 5,500 cryptocurrencies across multiple networks, including Bitcoin, Ethereum, Binance Smart Chain, Cardano, Monero, XRP, and Stellar.   Fiat payments go through Simplex, so fees of up to 5% will apply.  Yes Yes, supports multiple staking coins, including Tezos, Tron, Cosmos, Solana, and Ethereum.  Not stated – will depend on the staking network

Pros

  • Compatibility with a vast range of over 5,500 cryptos
  • Flexibility to add custom tokens on multiple chains
  • Staking options are available, even in cold storage

Cons 

  • Subject to fees as high as 5%
  • Not an open-source wallet
     

 

5. Trezor – Cold Wallet Device Aimed at Long-Term Crypto Investors   

Trezor is one of the best crypto wallets in South Africa for long-term investors. This is a cold wallet device that does not expose private keys to the internet. And hence, investors can rest assured that their cryptocurrencies cannot be hacked remotely. What’s more, even if the Trezor device is lost, damaged, or stolen – the funds can be recovered via the backup passphrase. 

This is provided when the wallet is set up for the first time and should be written down and kept somewhere safe. Another safeguard is that cryptocurrencies can only leave the Trezor wallet when the PIN is entered on the device. Not only that but unlike its main competitor Ledger, the Trezor wallet is open source. 

Compare Trezor Hardware Wallet Models

This ensures that any potential vulnerabilities are made available to the crypto community. We also like that Trezor supports more than 1,200 cryptocurrencies across multiple blockchain standards. This includes everything from Bitcoin and Ethereum to Cardano to BNB. Trezor also allows investors to add custom tokens, as long as the underlying network is supported. 

In terms of pricing, there are two Trezor models to choose from. The Trezor Model One costs $69 (about 1,300 ZAR), while the Model T retails for $219 (about 4,100 ZAR). The latter comes with additional features, such as an in-built staking tool and a more convenient touchscreen LCD pad. That said, the $69 model offers the same level of robust security as the premium version.       

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Hardware wallet Non-custodial Approximately 1,200-1,400 – depending on the chosen model Fiat payments go through Invity, which connects users to a third-party exchange. Fees will vary.  Yes Yes, but only on the Trezor Model T Not stated – will depend on the staking network

Pros

  • Best Bitcoin wallet in South Africa for long-term investors
  • Robust security features – including cold storage 
  • Supports more than 1,200 cryptocurrencies 
  • Recover lost, damaged, or stolen devices via the backup passphrase 

Cons 

  • Will not appeal to active crypto traders 
  • The basic model does not support staking
  • ZAR payments are handled by third parties 

 

6. Trust Wallet – Popular Non-Custodial Crypto Wallet Used by Over 60 Million People 

Trust Wallet is popular with South Africans that prefer non-custodial storage. This means that only the wallet owner has access to the private keys. And hence, users can store, send, and receive cryptocurrencies without going through an intermediary. Trust Wallet – which is used by over 60 million people, is completely free to use. 

It is available on multiple device types and operating systems. This includes a mobile app for Android and iOS, as well as a browser extension for Chrome and other web browsers. The setup process is very simple, and Trust Wallet provides users with a 12-word passphrase. This is to be used if the wallet PIN is forgotten or the device is lost or stolen. 

Trust Wallet Homepage

Trust Wallet supports more than 70 blockchains, making it ideal for diversified portfolios. This includes all tokens on the Bitcoin, Ethereum, Cardano, XRP, Binance Smart Chain, Arbitrum, and Polygon networks. Trust Wallet also stores NFTs across multiple network standards. We also found that Trust Wallet is ideal for earning passive income on idle crypto tokens. 

It comes with an in-built staking tool that supports many proof-of-stake cryptocurrencies. This includes Tron, Tezos, Osmosis, Kava, and BNB. No staking fees are charged by Trust Wallet. Moreover, users can swap tokens via Trust Wallet without paying any fees. Trust Wallet also connects to Web3 applications like PancakeSwap and Uniswap

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Browser extension and mobile app Non-custodial 4.5 million cryptocurrencies and NFTs across 70 blockchain networks Up to 5%, as transactions are processed by Simplex Yes Yes, offers an in-built staking tool for many proof-of-stake cryptocurrencies Up to 19.3%

Pros

  • Best Bitcoin wallet for South Africans seeking decentralized storage
  • Supports over 70 blockchain standards
  • Completely free to use and available as a browser extension or mobile app
  • Stake and swap cryptocurrencies without paying fees
  • Used by more than 60 million people globally 

Cons 

  • Pay up to 5% to buy cryptocurrencies with ZAR
  • No browser extension for Firefox or Edge

 

7. Binance – User-Friendly Web Wallet Aimed at Active Crypto Traders     

Binance offers one of the best crypto wallets for South African traders. It is a leading crypto exchange that doubles up as a user-friendly web wallet. The Binance wallet is custodial, so users are not provided with their private keys. The wallet comes with a variety of security controls, including IP and device whitelisting. It also comes with two-factor authentication. 

Behind the scenes, Binance operates both hot and cold wallets. This provides an adequate balance between security and accessibility. Binance users can trade and store over 350 cryptocurrencies. This includes the most popular cryptocurrencies, such as Bitcoin, Ethereum, BNB, Cardano, Tether, USD Coin, and Solana. 

Binance Crypto Exchange Homepage

There is no requirement to transfer funds from the wallet to access the Binance exchange. Thousands of trading markets are supported, with South African traders paying a commission of just 0.1%. South Africans can also access leveraged markets, including futures and options. This is in addition to Binance savings accounts and other DeFi features. 

This offers a seamless way to earn income on idle cryptocurrencies. For example, Ethereum holders can currently earn an APY of 4.27%. This is a flexible account without any withdrawal limits or fees. A 90-day savings account for Axie Infinity offers a huge APY of 32%. While Polkadot holders can earn 14.9% on a 120-day lock-up term.  

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Web wallet and mobile app Custodial Supports 350+ cryptocurrencies. Additionally, hundreds of small-cap tokens can be found on the Binance Innovation Zone.  Fees are built into the exchange rate when instantly buying crypto with ZAR Yes Yes, supports staking, savings accounts, and liquidity farming. Up to 19.8% when staking.

Up to 32% on savings accounts. 

Pros

  • Best Bitcoin app for active crypto traders
  • Deep liquidity and low trading commissions of 0.1%
  • Uses a combination of hot and cold wallets
  • Two-factor authentication and IP/device whitelisting 

Cons 

 

8. MetaMask – Top Decentralized Wallet for Storing ERC20 Tokens   

MetaMask is an established crypto wallet used by over 30 million people globally. This is a decentralized wallet that will appeal to investors wanting to take custodianship over their cryptocurrencies. MetaMask does not ask for personal information, and it does not have access to the user’s password or private keys.

This allows South Africans to store their wealth away from centralized bodies. Although MetaMask does not support Bitcoin, it’s one of the best crypto wallets for storing ERC20 tokens. Any ERC20 token can be added to MetaMask via its unique contract address. MetaMask also supports layer 2 blockchains, including Polygon, Arbitrum, and Avalanche. 

Metamask Wallet Download

This is in addition to all tokens operating on the Binance Smart Chain. There are no fees to download or use MetaMask. The wallet supports multiple devices, including smartphones and web browsers. Supported operating systems include iOS and Android, plus extensions for Chrome, Firefox, Edge, and Brave. 

MetaMask does not charge any additional fees when sending cryptocurrencies to another wallet. Users simply pay the real-time blockchain fee. MetaMask supports an in-built staking tool for Ethereum, backed by Rocket Pool and Lido. It also supports token swaps, but users will be charged a markup of 0.875%. ZAR payments are processed by third parties, costing 3-5%.  

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Browser extension and mobile app Non-custodial All ERC20 tokens. Also supports the Arbitrum, Binance Smart Chain, Optimism, Avalanche, and Polygon networks.  Does not support Bitcoin. But other cryptocurrencies can be purchased with ZAR. Fees of between 3-5%, depending on the payment processor.  Yes Yes, only supports Ethereum  Up to 3.88%

Pros

  • Popular non-custodial wallet used by over 30 million people
  • Supports Ethereum, Binance Smart Chain, and a selection of layer 2 blockchains
  • Free to store cryptocurrencies with no markups on outgoing transfers
  • Completely decentralized – only the user has access to their password and private keys  

Cons 

  • 0.875% markup charged when swapping tokens
  • Does not support Bitcoin

 

9. OKX – Non-Custodial Wallet App Supporting Over 50 Blockchain Standards      

OKX is a popular crypto exchange that also offers a non-custodial wallet. The wallet is decentralized and does not connect to the primary OKX wallet. There is no requirement to open an account, and only the wallet user has access to their private keys. The OKX wallet supports more than 50 blockchain standards. 

This includes Bitcoin, Ethereum, Binance Smart Chain, and Arbitrum. It also allows users to add custom tokens via the project’s contract address. In terms of security, users can activate MPC (Multi-Party Computation) security via the OKX app. This means that there is no single point of failure, a major safeguard when keeping private keys secure.  

OKX Application Download

Instead, the private keys are split into smaller segments and secured in multiple, unknown locations. This ensures that the OKX wallet remains safe against remote hacking attempts. The wallet is also secured with a backup passphrase. This will be needed if the user forgets their wallet PIN or the device is lost or stolen. 

One of the best features of the OKX wallet is its bridge aggregator. This allows users to instantly swap tokens without leaving the wallet. It also allows users to earn income on idle tokens via staking and yield farming. These tools are integrated with over 200 decentralized exchanges, allowing OKX users to get the most competitive rates. 

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Mobile, desktop, and browser-based wallet  Non-custodial Supports over 50 blockchain standards. Custom tokens can be added.  Does not support ZAR payments. Crypto-to-crypto trades are supported – fees are displayed when setting up the order.  Yes Yes, in-built aggregator bridges to over 200 exchanges. Supports staking, savings accounts, and liquidity farming Up to 998.1% on yield farming pools.

Up to 29.9% on savings accounts. 

Pros

  • Decentralized wallet backed by MPC security 
  • Supports more than 50 blockchain standards
  • Aggregates to over 200 exchanges for staking, token swaps, and other DeFi features
  • Compatible with smartphones, desktop devices, and Chrome browsers 

Cons 

  • Does not display token swap commissions until the order is created
  • Some yield farming pools have little liquidity  

 

10. Coinbase – Global Crypto Exchange With a Secure Custodial Wallet      

Coinbase – one of the largest crypto exchanges for trading volume, also offers a secure custodial wallet. This wallet provider is popular with beginners that want a simple but regulated place to buy and store cryptocurrencies. Coinbase holds many licenses in the US and several international markets. It also offers premium security features. 

For example, Coinbase accounts are protected by cold storage, two-factor authentication, and device whitelisting. Coinbase also has an internal security team, and all accounts must go through a KYC process. We also like that Coinbase supports over 100 cryptocurrencies. This includes Bitcoin, Ethereum, Dogecoin, USD Coin, Tether, and Litecoin. 

Coinbase Signup Page

The Coinbase wallet supports web browsers and smartphones. The latter comes as an app for iOS and Android. Coinbase is also popular with South Africans that want to trade crypto against ZAR. This removes the need to pay foreign exchange fees. That said, trading commissions are high at 1.49%. There is also a 3.99% fee to buy crypto with a debit/credit card. 

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Web wallet and a mobile app Custodial Over 100 cryptocurrencies, including Bitcoin, Ethereum, Tether, and Dogecoin 3.99% to buy Bitcoin with a debit/credit card. 1.49% to trade cryptocurrencies. Yes Yes, supports 91 staking coins Up to 109.6%

Pros

  • Custodial wallet is robust security features – including two-factor authentication
  • Buy, sell, and store cryptocurrencies in one regulated place
  • Comes as a mobile app or web wallet 
  • Stake idle cryptocurrencies at APYs of up to 109.6%  

Cons 

  • Charges 1.49% in standard trading commissions
  • Withdrawals are often slow  

 

11. Exodus – Free Crypto Wallet Supporting 50+ Networks and Multiple Device Types   

Exodus is an established crypto wallet that supports over 50 blockchain networks. This includes everything from Bitcoin and Binance Smart Chain to Ethereum, Cardano, and Litecoin. Exodus is also a multi-device wallet, compatible with desktops, mobiles, and web browsers. This includes software for Windows, Mac, Android, iOS, Chrome, and Brave. 

Exodus offers non-custodial storage, so does not have access to the user’s private keys or password. There is no requirement to provide any personal information when downloading Exodus, allowing South African investors to remain anonymous. We also like that Exodus is free to use, and no markups are charged when sending cryptocurrencies to another wallet. 

Exodus Wallet Download Page

Exodus also connects to Web3 applications and comes with an in-built staking tool. The latter supports multiple staking coins, including VeChain, Tezos, Cardano, and Cosmos. Currently, APYs of up to 18.9% are available. We also like that Exodus comes with portfolio management tools. This includes a full breakdown of key investment statistics, such as real-time values.    

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Mobile, desktop, and browser-based wallet  Non-custodial Thousands of cryptocurrencies across 50+ networks ZAR payments go through third parties and can cost up to 5.45%, depending on the payment type. Yes Yes, in-built staking tool Up to 18.9% 

Pros

  • Online Bitcoin wallet supporting 50+ other blockchain networks
  • Available as desktop software, a mobile app, and a browser extension 
  • No fees to store or receive cryptocurrencies    
  • Comes with an in-built staking tool with APYs of up to 18.9%

Cons 

  • High fees to buy crypto with ZAR – up to 5.45% 
  • Limited security tools 

 

Tips for Selecting the Best South Africa Bitcoin Wallet 

Investors should do lots of independent research when researching the best Bitcoin wallets in South Africa. This means assessing security, usability, supported coins, fees, and other important factors. 

Still undecided on the best South Africa Bitcoin wallets? Read on for assistance on how to select the most suitable wallet in 2024. 

Type of Wallet

South African investors should consider the type of crypto wallet that is most preferable for their needs. 

This begins with a choice between custodial or non-custodial storage. 

  • Custodial wallets: Investors have no access to their private keys. The custodian is responsible for keeping the crypto wallet safe.
  • Non-custodial wallets: Private keys are provided when setting up the wallet. The investor is responsible for keeping the crypto wallet safe.  

What’s more, South Africans need to choose the device type to store their crypto wallet. 

Mobile apps offer a great level of security and convenience. Another option is desktop or browser-based wallets. When opting for a software wallet, make sure the respective operating system is supported. 

Those holding a large amount of cryptocurrencies might be more suited for a hardware or paper wallet. 

Supported Coins

Next, South Africans need to ensure their chosen cryptocurrencies are supported by the wallet. For example, while MetaMask is one of the best crypto wallets in South Africa – it doesn’t support Bitcoin, Cardano, or Solana. 

It’s best to choose a wallet that supports a wide range of cryptocurrencies and network standards. In doing so, investors can store their cryptocurrencies in the same place. 

Fees

Most software wallets are free to use. This means there are no fees to store or receive cryptocurrencies. While GAS fees apply on outgoing transactions, the best crypto wallets in South Africa do not charge any markups. 

Hardware wallets are not free. They must be purchased from the manufacturer, and prices will vary considerably. Investors should ensure that the cost price is justified, based on the value of their crypto portfolio. 

For example, those investing very small amounts likely won’t want to buy the Trezor Model T – which retails for approximately 4,100 ZAR. 

Extra Functionality

The best crypto wallets in South Africa offer extra functionality, such as being able to trade tokens. This removes the need to use a third party when buying and selling cryptocurrencies. 

For example, the Best Wallet allows users to buy and sell cryptocurrencies with a credit card, and they support multi-chain tokens. 

Best Wallet App Download

The Binance wallet is also great for additional features. It supports staking, savings accounts, yield farming, and leveraged trading. The latter includes futures and options. 

We also like the OKX wallet, which bridges to over 200 exchanges. OKX users subsequently get the best interest rates when earning yields on idle tokens. 

Security Controls

The best crypto wallets in South Africa offer a breakdown of what security controls are provided. 

This might include:

  • IP/Device Whitelisting: Additional security steps are needed when logging into the wallet from a new IP address or device. 
  • Two-Factor Authentication: The user will need to enter a unique code when logging in. This is either sent to the user via email or SMS. 
  • Cold Storage: Keeping cryptocurrencies in cold storage means the private keys remain away from live internet servers. This makes them practically impossible to hack remotely. 
  • Multi-Sig Permissions: Some crypto wallets offer multi-sig permissions. The user will need to verify outgoing transactions on multiple devices. 
  • MPC: MPC technology is offered by the OKX wallet. It splits the private key into multiple segments and stores each part in a unique location.
  • Regulation: The best crypto wallets in South Africa are regulated.

How do Crypto Wallets Work? 

Looking for some guidance on how crypto wallets actually work?

Here’s what South African investors need to know before getting started. 

Wallet Addresses

Once a suitable wallet has been chosen, the investor will need to set it up. This will generate a new, unique wallet address. The wallet address allows the investor to receive cryptocurrencies from another location. 

Think of it like an electronic funds transfer (EFT), which requires the sender to specify the receiver’s personal account number. The wallet address is safe to share with other people, as it simply allows the user to receive tokens via the blockchain. 

Each blockchain network has its own wallet address standard. For example, Ethereum wallets always start with 0x. Nevertheless, if the wrong wallet address is provided, the tokens will be sent to an incorrect location. This means the tokens will be unrecoverable. 

Private Keys

If the investor opts for a non-custodial wallet, they will be provided with unique private keys when getting started. This is usually provided as a 12-word passphrase, but some wallets use a much longer combination. 

Either way, private keys must never be shared with another person. Nor should they be kept on a device that connects to the internet. 

If they end up in the wrong hands, the private keys will allow an unauthorized person to access the wallet. This is one of the most common reasons for crypto wallets being hacked remotely. 

Custodial wallets do not provide users with their private keys. This is because the custodian is responsible for keeping the cryptocurrencies safe. Custodial wallets are popular with beginners, but investors should ensure the provider is regulated. 

Wallet Fees

Software wallets are usually free to use. There are no fees to store or receive cryptocurrencies. But fees are charged when sending cryptocurrencies to another wallet. 

The best crypto wallets in South Africa do not charge a markup on network fees. Instead, fees go directly to blockchain miners. 

Fees are quoted in real-time and rise and fall based on network demand. 

Crypto hardware wallets, however, are not free. Prices vary depending on the provider and model type. For example, Trezor charges $69 and $219 for its basic and advanced models. 

What are the Different Types of Bitcoin Wallets?

Once South African investors have chosen between a custodial or non-custodial wallet, the preferred device type should be considered. Wallets come as mobile apps, desktop software, browser extensions, and hardware devices. Investors should also consider whether they prefer a hot or cold wallet. 

We will now discuss the main types of crypto wallets that are available to South Africans in 2024. 

Software Wallets

Some of the most popular crypto wallets in South Africa come as software. This includes desktop software for Windows, Max, and Linux. The software is installed on the desktop device and allows users to store, send, and receive cryptocurrencies via a laptop or PC. 

Another option for desktop users is wallets that come as a browser extension. Some providers offer support for Chrome, Firefox, and other popular web browsers. 

An even more convenient option is mobile wallet apps. This allows users to store cryptocurrencies on their smartphones. As such, this makes sending, receiving, and trading cryptocurrencies a breeze. 

Hardware Wallets

A more secure option is to buy a Bitcoin hardware wallet. As noted above, prices will vary, with Trezor charging $69 for its basic device.

Hardware wallets come with the added benefit of cold storage. In simple terms, this means the cryptocurrencies and private keys are never exposed to live internet servers. 

Safeguards are also in place to protect investors from physical theft. This is because cryptocurrencies can only leave the hardware wallet if the PIN is entered on the device itself.  

Paper Wallets

We also found that paper wallets are increasingly becoming popular with South African investors. After generating a public address and private key, the user will print the credentials. 

This keeps the wallet offline at all times. It is imperative that the paper wallet is kept somewhere safe. It is also important to ensure the paper wallet provider is legitimate and that private keys are encrypted when initially shown to the user. 

Both paper and hardware wallets offer excellent security, but do make it cumbersome to send and trade cryptocurrencies.  

Tutorial on How to Get and Use a Bitcoin Wallet in South Africa

We mentioned earlier that Best Wallet is the overall best crypto wallet in South Africa. In this section, we explain how to get started with this wallet in under five minutes. 

Step 1: Download the Best Wallet app

South African investors will first need to download the Best Wallet app on the App Store or Google Play. 

Best Wallet Application

Step 2: Open the Best Wallet App

First, you need to verify your email address. Next, you’ll be asked to secure your account with a two-factor authentication. If you want to, you can skip this step and activate this feature later.

Best Wallet 2FA Setup

Whether you activate 2FA or not, you’ll be asked to set up a four-digit password. You can also enable biometrics to unlock your wallet if your smartphone supports this feature.

Step 3: Create a Wallet

Now that we have secured the app, go ahead and create your first wallet. This will be your main wallet on the Ethereum blockchain. At this stage you can create multiple wallets and name them, for example, “Meme coin wallet” or “Storage” or whatever you want.

Choose a background color for each wallet. This will help you identify each wallet fast. 

Tap “Continue” when ready.

Best Wallet Account Identifier

Step 4: Use Best Wallet

Your next step is to use the wallet to buy coins with a card or to send and receive tokens. You can swap the tokens you have as well. The more you use the wallet during this stage, the greater the odds of getting the $BEST token airdrop in Phase 6.

Best Wallet Main Account

How Safe are Crypto Wallets?

While varying levels of security are offered, crypto wallets are never 100% secure from hackers and scams. Moreover, investors need to take steps to protect their wallet credentials. 

  • For example, custodial wallets remove the need for investors to secure their private keys. 
  • But this isn’t to say that the wallet is immune to fraud. 
  • On the contrary, investors should make use of two-factor authentication and any other safeguards offered by the custodian. 
  • Coinbase, for instance, allows users to set up IP and device whitelisting. 
  • This means an extra security step kicks in if the user attempts to access the wallet from a new IP address or device. 

Security procedures will differ when opting for a non-custodial wallet. This is because there is no custodian to protect the investor’s cryptocurrencies. Instead, only the user has access to their private keys, meaning they must take full responsibility for keeping them safe. 

Non-custodial wallets do not come with two-factor authentication or whitelisting. This is because there is no custodian sitting between the investor and their cryptocurrencies. 

That said, we like that the OKX wallet comes with MPC technology. This means that only a small segment of the private key is stored on the user’s device. The remaining segments are stored across multiple locations. 

Some non-custodial wallets come with multi-sig permissions. This is a security tool that requires outgoing transfers to be confirmed on at least two devices. Just like MPC technology, this removes a single point of failure – making it challenging for remote hacks to succeed. 

The Verdict

Wallets ensure that South Africans can invest in the crypto market safely. While there are many crypto wallets in the market, we particularly like Best Wallet. 

The Best Wallet can hold coins from various blockchains, it can seamlessly swap them, and you can store your NFTs in a single mobile app. Upcoming features include market insights and token analysis, which will make Best Wallet the ultimate Web3 crypto hub for your tokens. 

References

What crypto wallets are available in South Africa?

Dozens of crypto wallets are available to South African investors, with leading providers including Best Wallet, Trust Wallet, Trezor, and MetaMask. 

Can South Africa use Coinbase wallet?

Yes, South Africans have access to the non-custodial Coinbase wallet, as well as its centralized exchange. 

Does Binance wallet work in South Africa?

Yes, the Binance wallet not only supports South African investors but ZAR deposits and withdrawals.

What is the best South Africa crypto wallet?

One of the best South Africa crypto wallets is Best Wallet, which allows investors to store and trade cryptocurrencies from multiple blockchains. 

 

 

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9 Best Crypto Wallets in UAE – The Complete 2024 List https://cryptonews.com/guides/best-crypto-wallets-uae.htm Wed, 10 Jan 2024 07:12:00 +0000 https://cryptonews.com/?p=118852 The UAE is one of the most crypto-friendly nations globally, with residents benefiting from favorable tax laws and fair regulation. But which crypto wallet should UAE investors use? In this guide, we review the best crypto wallets in the UAE for 2024. We cover a wallet for all investor profiles, from active traders and long-term […]

The post 9 Best Crypto Wallets in UAE – The Complete 2024 List appeared first on Cryptonews.

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Best crypto wallets in UAE

The UAE is one of the most crypto-friendly nations globally, with residents benefiting from favorable tax laws and fair regulation. But which crypto wallet should UAE investors use?

In this guide, we review the best crypto wallets in the UAE for 2024. We cover a wallet for all investor profiles, from active traders and long-term investors to those holding large crypto balances. 

List of the Best Crypto Wallets for UAE Investors

The best UAE crypto wallets for 2024 are ranked below:

  1. Best Wallet – Best Wallet offers the best crypto wallet for UAE investors and traders alike. That’s because it can store coins and tokens from multiple blockchains like Ethereum, Polygon and BNB, with Bitcoin planned to be added in the future. What’s more, you can easily swap these tokens between chains or store your NFTs through a single mobile app. With its upcoming features like market insights, advanced charts and token analytics and sentiment, Best Wallet may well become the ultimate personal Web3 hub.
  2. YouHodler – Offers a Swiss-regulated, multi-feature crypto wallet with up to 15% APY earnings on popular cryptos and 12% on stablecoins. With a 90% loan-to-value ratio, it allows asset collateralization for instant loans. The platform also supports 60+ trading pairs and automated trading via API, all secured by $150 million in insurance and 2FA options.
  3. Ledger A high-security hardware wallet supporting 5,500+ cryptos and featuring cold storage capabilities. Available in two models, Nano S Plus and Nano X, it offers Bluetooth connectivity and is compatible with Ledger Live for portfolio management and DeFi interaction.
  4. Trezor – UAE investors with large exposure to Bitcoin and other cryptocurrencies will like Trezor. This hardware wallet offers superb security, not least because the device remains in cold storage. Users will need to set up a PIN, which needs to be entered when making transfers. Trezor connects to the blockchain via Bluetooth or a USB cable. It supports 
  5. MetaMask – Non-custodial storage will appeal to some investors in the UAE; so MetaMask should also be considered. This decentralized wallet provider is used by more than 30 million people, and it supports Ethereum and all ERC20 tokens. Additional networks can be added, but this doesn’t include Bitcoin. MetaMask is best used as a browser extension, but it also offers a mobile app for iOS and Android. 
  6. Binance – Binance, which is approved by the  Abu Dhabi Global Markets Financial Services Regulatory Authority (FSRA), is the best crypto wallet for UAE traders. More than 350 cryptocurrencies are supported, and trading commissions are industry-leading at 0.1% per slide. The Binance wallet supports staking, yield farming, and savings accounts too. 
  7. Trust Wallet – Another non-custodial wallet that is popular in the UAE is Trust Wallet. The wallet comes with various tools, including staking and token swaps. It supports dozens of blockchain networks, including Bitcoin, Binance Smart Chain, and Ethereum. Trust Wallet is available as an app and browser extension. 
  8. Exodus – Exodus appeals to both beginners and experienced traders. It is a decentralized wallet supported by desktops and iOS/Android mobiles. It also offers a browser extension. Exodus supports over 50 blockchains, and it allows users to add custom tokens. Exodus is free to use, and it comes with staking tools.  
  9. OKX – One of the best crypto wallets in the UAE for passive investors is OKX. This decentralized wallet supports thousands of coins, savings accounts, and yield farming pools. It sources the highest yields, so UAE investors don’t need to search across different exchanges. The OKX wallet also supports token swaps at competitive fees. 

Top Crypto Wallets in the UAE: Full Reviews  

We have compiled comprehensive reviews of the best Bitcoin wallets in the UAE. 

Some of the most important factors we consider include wallet security, usability, supported coins, features, fees, and transparency. 

UAE investors can read on to choose the best online Bitcoin wallet for their needs. 

1. Best Wallet – The Overall Best Crypto Wallet for UAE Traders and Investors

Best Wallet is the overall best crypto wallet for UAE investors. From a single mobile app on iOS and Android, you get to hold coins and tokens from various blockchains like Ethereum, Polygon and BNB, with Bitcoin blockchain support planned for the future.

You can easily swap these coins between chains, which removes the need to have multiple crypto wallets for each blockchain. On top of that, the team plans to add NFT support that will allow you to store your digital collectibles and exchange them directly from the Best Wallet app.

Best Wallet Introduction

All this is made possible via the built-in Best DEX. This is a decentralized exchange that lets anyone swap their coins and tokens without signing up for an account. All you have to do is connect your crypto wallet and start swapping.

Active users of the Best Wallet and the Best DEX are eligible for the $BEST token airdrop planned for the future.

BEST Token Airdrop

The $BEST token is designed to be both a utility and a governance token. The utility part comes in the form of feeless swaps and access to new token launches and NFT drops. On the other hand, the governance part will allow you to vote in the Best Wallet’s future decisions.

At the moment, Best Wallet has the basic functionalities ready where you can buy crypto with a card and swap it. In the future, new updates will add market insights with advanced price charts, as well as crypto news and token analysis where users can track investor sentiment or discover trending tokens.

As for security, Best Wallet uses two-factor authentication and PIN or biometrics, depending on your smartphone. This means that even if a bad actor gets a hold of your device, they won’t be able to unlock your wallet.

Best Wallet Roadmap

Overall, the Best Wallet aims to become the ultimate personal Web3 hub where you can hold multi-chain coins, swap them, hold your NFTs and analyze the crypto market all within one mobile app.

Make sure to follow Best Wallet on X and the Best Wallet Telegram channel to get new information on upcoming releases and $BEST token airdrops.

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Mobile app Non-custodial Supported tokens on various networks, including Ethereum, Polygon and BNB Smart Chain Depends on third-party service providers when you buy with a card Yes Staking is a planned feature To be announced

Pros

  • Overall best crypto wallet for UAE investors 
  • Supports multiple blockchains like Ethereum, Polygon and BNB
  • Employs 2FA and biometrics for unlocking
  • Buy and sell cryptocurrencies without leaving the wallet
  • NFT gallery and marketplace
  • Using the app makes you eligible for $BEST token airdrops 

Cons 

  • No crypto wallet browser extension available at the moment
  • Third-party fees for buying crypto with a credit card

 

2. YouHodler – Highly Secure Crypto Wallet with Passive Income Potential Of 15% APY

YouHodler is a promising crypto wallet founded in 2019, offering multiple of features, including yield earnings, crypto loans, and an integrated exchange. 

Regulated in Switzerland and the EU, it ensures strong security measures like Ledger Vault technology with $150M in pooled crime insurance and 2FA authentication.

You can earn up to 15% APY on cryptos like Litecoin and Solana. For stablecoins like USDT and USDC, you can get up to 12% APY. 

However, the basic yield for stablecoins starts at 6%. Moreover, tiered rewards are available based on trading volume and loyalty levels, allowing you to maximize earnings.

YouHodler also provides a unique Cloud Miner feature. Here, you can earn up to 0.2 BTC per month by completing tasks to get ‘sparks,’ which can be used to mine Bitcoin blocks.

Youhodler Crypto Homepage

The platform lets you get fiat loans using your crypto assets as collateral. They offer a high loan-to-value ratio of 90%, and you can take loans in various fiat currencies like EUR, USD, CHF, and GBP. 

Over 50 cryptos, including Bitcoin, Ethereum, and more niche coins like AXS and MANA, are accepted as collateral.

YouHodler’s built-in exchange supports over 60 trading pairs and is accessible in 100+ countries. The MultiHODL feature is a full trading suite offering low and transparent fees. It allows you to earn 12% APR on deals, which can be initiated with either fiat or stablecoins.

APY Rewards On Youhodler

The wallet is ideal for traders and investors and is accessible through desktop and mobile applications. It also has a loyalty program and an upcoming debit card feature to launch soon.

Interested users can join the YouHolder Telegram channel for the latest updates.

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Hot Wallet Non-custodial Bitcoin, Ethereum, Polygon, Solana and more There’s no fee except for the bid/ask spread Yes Yes Up to 15%

Pros

  • Multi-crypto support for broad investment options
  • High yields up to 15% on specific cryptos
  • Cloud Miner feature for Bitcoin earning
  • Loans backed by a high 90% LTV ratio
  • In-built crypto-to-fiat exchange 

Cons 

  • U.S. residents excluded from the platform
  • Minimum loan requirement of $100

 

3. Ledger – Promising High-Security Hardware Wallet Supporting 5500+ Cryptos

Established in 2014, the Ledger hardware wallet offers one of the safest ways to store digital assets through cold storage. 

Designed for those who prioritize top-tier security, Ledger caters to a diverse audience, including investors in the UAE.

Ledger offers two primary models: the Ledger Nano S Plus and the Ledger Nano X. Both models serve the same purpose of cold storage but differ in additional features like Bluetooth compatibility, available in the Nano X.

These hardware wallets can be connected to your desktop or mobile device using a USB cable or Bluetooth, and they’re compatible with Ledger Live, Ledger’s dedicated app.

Ledger Hardware Wallet Webpage

It requires a PIN to confirm outgoing transactions, a feature only available on the device. This ensures that even if someone gains access to your computer or mobile, they cannot transact without the PIN.

Ledger also provides a 24-word passphrase, essentially your private key, and allows for an additional custom 25th word. 

This extra layer of security ensures that even if someone knows your passphrase, they can’t access your assets without the 25th word. If your device is lost or stolen, it can be remotely recovered.

Ledger Hardware Wallet Shop

With Ledger Live, you can monitor your crypto portfolio, buy assets, and interact with decentralized apps. It also supports NFTs.

Ledger supports over 5,500 cryptos across diverse networks such as Bitcoin, Ethereum, Binance Smart Chain, and Cardano.

Ledger provides options to suit different budgets and security needs. The Ledger Nano S Plus retails for $79, depending on your location.

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Hardware wallet Non-custodial Over 5,500 cryptocurrencies across multiple networks, including Bitcoin, Ethereum, Binance Smart Chain, Cardano, Monero, XRP, and Stellar.   Fiat payments go through Simplex, so fees of up to 5% will apply.  Yes Yes, supports multiple staking coins, including Tezos, Tron, Cosmos, Solana, and Ethereum.  Not stated – will depend on the staking network

Pros

  • A wide range of supported cryptos exceeding 5,500
  • Capability to include custom tokens across different networks
  • Cold storage staking allows for secure yield generation

Cons 

  • Fiat transactions processed by Simplex, incurring up to 5% fees
  • Lacks open-source transparency

 

4. Trezor – Emerging for UAE Investors With Large Exposure to Crypto   

Trezor is the Bitcoin hardware wallet for security. There is a wide range of safeguards that ensure the stored cryptocurrencies do not get into the wrong hands. First and foremost, Trezor is a cold wallet, so it’s never connected to the internet. 

Rest assured, this removes the risk of the wallet being hacked remotely. Second, cryptocurrencies cannot leave the Trezor device unless the user’s PIN is entered. Third, Trezor transactions are authorized without needing to connect to a server. Instead, USB type A or C cables are used, depending on the Trezor model purchased

Trezor Hardware Wallet Comparison

The Trezor Model T costs $219 (about 800 AED) and comes with a digital touchscreen for confirming transactions. The Trezor Model One costs $69 (about 250 AED) and uses a more clunky two-pad button. That said, the Model One is just as secure as the advanced version. Moreover, both the Model One and T support over 1,000 coins, including Bitcoin and Ethereum.    

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Hardware wallet Non-custodial Approximately 1,200-1,400 – depending on the chosen model AED payments go through Invity, which connects users to a third-party exchange. Fees will vary.  Yes Yes, but only on the Trezor Model T Not stated – will depend on the staking network

Pros

  • Suited to AED investors with large exposure to cryptocurrencies 
  • Supports more than 1,000 coins
  • Superb security features – including PIN-only transfers and cold storage
  • Can be recovered remotely if the device is stolen 

Cons 

  • Only the Model T supports staking 
  • Inconvenient to transact – so won’t appeal to short-term traders 

 

5. MetaMask – Popular Wallet for UAE Investors That Prefer Non-Custodial Storage  

Another option to consider is MetaMask, which is the best crypto wallet in the UAE for non-custodial storage. This means that users do not need to trust a third party when storing their cryptocurrency investments. MetaMask provides users with their private keys via a 12-word passphrase. The wallet provider cannot see the keys, as the information is encrypted. 

But do remember that if the password and backup passphrase are misplaced, MetaMask cannot help recover the wallet. Moreover, MetaMask comes with limited security features. Nonetheless, we like that MetaMask is available as a browser extension or mobile app for Android and iOS. It is free to download and use, and no fees are charged when storing and receiving cryptocurrencies.

Metamask Wallet Homepage 

We also like that MetaMask doesn’t charge any additional fees for outgoing transfers. Instead, GAS fees are forwarded directed to the blockchain in real-time. In terms of supported cryptocurrencies, MetaMask comes pre-installed with an Ethereum wallet address. This accepts all ERC20 tokens, including Tether, USD Coin, and DAI. 

Although Bitcoin is not supported, several other networks can be added to the MetaMask wallet manually. This includes Binance Smart Chain, Avalanche, and Optimism. MetaMask also supports the best Arbitrum network tokens. Although MetaMask is free to use, it comes with several paid-for features. This includes token swaps, Ethereum 2.0 staking, and AED deposits.    

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Browser extension and mobile app Non-custodial All ERC20 tokens. Also supports the Arbitrum, Binance Smart Chain, Optimism, Avalanche, and Polygon networks.  Does not support Bitcoin. But other cryptocurrencies can be purchased with AED. Fees of between 3-5%, depending on the payment method and processor.  Yes Yes, only supports Ethereum  Up to 3.96%

Pros

  • KYC-free non-custodial storage – investors hold and control their private keys
  • One of the best crypto wallets in the UAE for Ethereum investors 
  • Stake Ethereum 2.0 at an APY of 3.96%
  • Manually add a selection of other networks – including Abritrum and Binance Smart Chain

Cons 

  • Buying crypto with AED costs up to 5%
  • Does not support Bitcoin

 

6. Binance – Hybrid Wallet and Exchange With Licensing From the FSRA     

Binance is a crypto wallet and exchange that is popular with short-term UAE traders. It holds a license with the FSRA in Abu Dhabi and directly accepts AED payments. The Binance wallet can be accessed by logging in with a username and password. Two-factor authentication and other security features are offered. 

For example, Binance reports that its Safe Asset Fund for Users (SAFU) is now valued at over $1 billion. This is used as an insurance fund in the event Binance is hacked. Moreover, the Binance wallet also comes with IP whitelisting. Should a user login from an unrecognized IP address, an additional two-factor authentication process is undertaken.    

Binance Signup Page

But the main attraction of the Binance wallet is having access to its exchange. The Binance exchange is the largest by trading volume, and it supports hundreds of cryptocurrencies. UAE investors will pay just 0.1% when trading. Moreover, the Binance wallet also supports staking, yield farming, and savings accounts. APYs are very competitive, too. 

For example, some staking pools are currently yielding almost 20%. While Binance savings accounts are offering APYs of over 30%. We also like that Binance offers advanced trading tools and complex crypto derivatives. The latter includes Bitcoin futures, options, and perpetual contracts. Binance also offers great customer support via live chat, 24/7. 

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Web wallet and mobile app Custodial Supports 350+ cryptocurrencies. Additionally, hundreds of small-cap tokens can be found on the Binance Innovation Zone.  Fees are built into the exchange rate when instantly buying crypto with AED Yes Yes, supports staking, savings accounts, and liquidity farming. Up to 19.8% when staking.

Up to 32% on savings accounts. 

Pros

  • Best crypto wallet in the UAE for trading 
  • Approved by the FSRA in Abu Dhabi
  • Wallets are protected by two-factor authentication and other security tools
  • Competitive yields offered on savings accounts and staking pools

Cons 

 

7. Trust Wallet – Self-Custody Wallet Supporting Over 70 Blockchains  

Trust Wallet offers self-custody cryptocurrency storage on multiple device types. This includes a browser extension for Chrome and an Android and iOS app. The wallet is completely decentralized, and only the user has control of the private keys. Similar to MetaMask, Trust Wallet encrypts the private keys as a 12-word passphrase. 

Trust Wallet comes with many in-built features, most of which are fee-free. For example, users can swap tokens across different blockchains without leaving the wallet. Trust Wallet also supports staking. We found that staking APYs are very competitive. For instance, Trust Wallet users can earn 10% on Kava and over 19% on Cosmos. 

Trust Wallet Download Page

Trust Wallet also has a fiat money facility that supports AED payments. However, this is provided by Simplex, so fees of up to 5% will be charged. Trust Wallet is also the go-to option for accessing Web3 applications, like Uniswap, Yearn.finance, or ApeSwap. The Trust Wallet balance can be used when accessing these decentralized platforms, making it simple to swap and earn. 

Where Trust Wallet really stands out is its support for over 70 blockchain networks. This includes everything from Bitcoin, Binance Smart Chain, Polygon, and Ethereum to Arbitrum, Solana, Cardano, and XRP. Therefore, Trust Wallet is the best crypto wallet in the UAE for diversified portfolios. 

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Browser extension and mobile app Non-custodial 4.5 million cryptocurrencies and NFTs across 70 blockchain networks Up to 5%, as transactions are processed by Simplex Yes Yes, offers an in-built staking tool for many proof-of-stake cryptocurrencies Up to 19.3%

Pros

  • Great option for diversified portfolios – supports over 70 blockchain standards
  • No fees to swap or stake tokens from within the wallet interface
  • Can be downloaded as an iOS/Android app or installed as a Chrome extension 
  • Competitive APYs of over 19% when staking 

Cons 

  • Buying crypto with AED will cost up to 5%
  • No support if the wallet is hacked or the private keys are misplaced 

 

8. Exodus – One of the Best Desktop Crypto Wallets for Portfolio Management    

Many UAE investors prefer to manage their cryptocurrencies on a desktop device – and Exodus is one of the best Bitcoin wallets in this regard. The Exodus software is compatible with all major operating systems, including Windows, Mac, and Linux. Once installed, users will need to create a password and write down their 12-word passphrase. 

Exodus supports the most popular cryptocurrencies. It is compatible with over 50 blockchain networks, including Bitcoin, Binance Smart Chain, and Ethereum. If a particular cryptocurrency isn’t supported, users can add it to Exodus manually. Exodus comes with a very user-friendly interface that is great for managing portfolios. 

Exodus Wallet Portfolio Overview

It can display cryptocurrency balances in AED based on real-time market prices. Exodus also makes it easy to make informed investment decisions. This is because it offers tons of portfolio management tools and a full breakdown of key statistics. In addition to its desktop software, Exodus is also available as a browser extension and a mobile app. 

The latter makes it seamless to keep tabs on crypto balances, as well as send and receive tokens. Users can connect the desktop and mobile app together by importing their 12-word passphrase. Additional features include staking and token swaps. Staking rewards of over 19% are currently available. Exodus also supports AED payments, but fees of up to 5.45% will apply.    

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Mobile, desktop, and browser-based wallet  Non-custodial Thousands of cryptocurrencies across 50+ networks AED payments go through third parties and can cost up to 5.45%, depending on the payment type. Yes Yes, in-built staking tool Up to 18.9% 

Pros

  • Best crypto wallet in the UAE for desktop users
  • User-friendly dashboard with handy portfolio management tools
  • Custom tokens can be added to over 50 blockchain networks 
  • Also offers a browser extension and mobile app

Cons 

  • High fees to buy crypto with AED – up to 5.45% 
  • Security features are limited – users are responsible for keeping their private keys safe 

 

9. OKX – Top-Rated Wallet for Swapping and Earning Cryptocurrencies        

OKX offers a decentralized, Web3 wallet that is compatible with multiple devices. Users can choose from a mobile app, desktop software, or browser extension. The wallet provides users with their private keys when getting started. That said, users can also switch the ‘MPC’ feature on. This will distribute mini-segments of the private key across multiple locations. 

OKX claims that this makes the wallet resistant to remote attacks. Another feature of the OKX wallet is its support for over 60 networks. This includes Bitcoin, Ethereum, Cronos, Arbitrum, Optimism, Binance Smart Chain, and Solana. Any token can be added by entering the project’s contract address. 

OKX Wallet Application Download

Moreover, OKX is the best crypto wallet for UAE traders looking to earn yields on their investments. It bridges to 200+ DeFi platforms that support staking, yield farming pools, and savings accounts. This secures the best APYs for OKX wallet users. The OKX wallet also allows users to trade cryptocurrencies. However, fiat payments are not supported.     

Type of Crypto Wallet Custodianship Supported Coins Fee to Buy Bitcoin App? Staking/Interest? Staking/Interest Rate
Mobile, desktop, and browser-based wallet  Non-custodial Supports over 60 blockchain standards. Custom tokens can be added.  Does not support AED payments. Crypto-to-crypto trades are supported – fees are displayed when setting up the order.  Yes Yes, in-built aggregator bridges to over 200 exchanges. Supports staking, savings accounts, and liquidity farming Up to 998.1% on yield farming pools.

Up to 29.9% on savings accounts. 

Pros

  • Non-custodial wallet with MPC security 
  • Available as an app, desktop software, and browser extension
  • Thousands of cryptocurrencies supported across 60+ networks
  • One of the best crypto wallets in the UAE for earning high staking APYs 

Cons 

  • Swap commissions are not displayed until the order is created
  • More suited to experienced crypto investors  

 

Crypto Wallets Explained 

When investing in crypto in the UAE, the first step is to choose a suitable exchange to complete the purchase. The next step is to choose a wallet to store the purchased crypto assets. This is where things can get confusing, considering the sheer number of crypto wallets in the market.

To help clear the mist, a good starting point is to understand how crypto wallets actually work. 

In basic terms, crypto wallets store digital currencies. Wallets usually come as software. For instance, desktop software for Windows and Mac or a mobile app for iOS and Android. That said, some wallets come as hardware devices, such as Trezor. 

Bitcoin Icon

All wallets come with a unique address for each supported cryptocurrency. For example, Bitcoin will have its own wallet address, and this is required when receiving tokens. When sending tokens to another wallet, the receiver’s address will be needed. If using a mobile wallet, the sender can scan the receiver’s address via a QR code. If not, the wallet address can be pasted in. 

Unlike traditional bank wires, crypto transactions are sent on a wallet-to-wallet basis. This means they do not go through a third party. Instead, wallet-to-wallet transactions are processed by the blockchain network. 

While storing, sending, and receiving tokens are the main functions of a crypto wallet, other features are often available.

How do Crypto Wallets Work? 

Now let’s take a much more detailed look at how crypto wallets work. 

Let’s start with custodianship:

Wallet Custodianship

In order to choose the best crypto wallet in the UAE, investors must understand how custodianship works. This is important, as it determines who is responsible for looking after the cryptocurrencies. 

A simple analogy is to think about how traditional money is stored. 

  • When using a custodial storage option, the money would be deposited into a bank. The bank is then responsible for keeping the money secure. To access the money, permission needs to be granted by the bank. 
  • Those who do not trust banks would need to consider a non-custodial option, such as keeping the money at home in a safe. This gives full control of the money, as no permission is needed to access it. But equally, this increases the risks of theft. 

The same concept is true for crypto wallets. 

For example, custodial wallets like Binance are responsible for keeping client cryptocurrencies safe. They do not provide users with their private keys as a safety precaution. As licensed custodians, these wallet providers have institutional-grade security practices in place. 

Alternatively, non-custodial wallets like Best Wallet give users their private keys when getting started. The wallet provider cannot access the private keys. Only the user can. 

Best Wallet Download

Choosing between a custodial or non-custodial wallet is ultimately down to the investor’s experience. While beginners will likely prefer a regulated custodian, experienced investors might feel more comfortable safeguarding their own wallets. 

Wallet Addresses

In order to send and receive cryptocurrencies via the blockchain, wallet addresses are needed. Each blockchain will have its own wallet address format. 

For example, this is what a Bitcoin wallet address looks like:

1F34duy2eeMz5mSrvFepVzy7Y1rBsnAyWC

And here’s an example of an Ethereum wallet address:

0x868daB0b8E21EC0a48b726A1ccf25826c78C6d7F

Both are equally long and complex. But crucially, no two wallet addresses can be the same. This is similar to a bank account number. 

So, sending funds to another person requires the destination wallet address. And vice versa when receiving cryptocurrencies into the wallet. 

Providing a wallet address to another person is not a security threat. Just like giving someone a bank account number, wallet addresses only allow people to send funds. 

But do note that wallet addresses are public. This means anyone can view the wallet balance if they have the address. Data analytic websites like Blockchain.com and BitInfoCharts provide this information.  

Wallet Private Keys

Crypto wallets also come with a unique set of private keys. Similar to wallet addresses, they are complex in nature. Private keys provide access to wallets and the cryptocurrencies stored within them. This means that private keys should be protected at all costs. 

For example, instance, private keys should never be stored on a device that can connect to the internet. If they are, they are at risk of being hacked remotely. The hacker would then be able to access the wallet and drain the cryptocurrencies stored. 

  • The best practice for securing private keys is to write them on a sheet of paper. 
  • For added security, the private keys could be split and written down on multiple sheets. 
  • This way, if someone comes across the sheet of paper, they would only have part of the private key – which wouldn’t provide them access to the wallet. 

But ultimately, safeguarding private keys can be intimidating for beginners. This is why custodial wallets are often the better option.  

Do You Need a Crypto Wallet? What to Consider  

According to a Crypto.com study, there are 219 million Bitcoin holders globally. However, the number of people that use Bitcoin for transactions is very small. For example, BitInfoCharts data shows that in the prior 24 hours, there were just over 880,000 active Bitcoin addresses. 

This means that the vast majority of people that own Bitcoin do not transact. Instead, Bitcoin is purchased as an investment. In practice, this means that UAE residents do not actually need a crypto wallet to invest in this space. 

On the other hand, UAE investors wanting to send and receive cryptocurrencies will need a wallet. This will provide them with a unique wallet address and the ability to transfer funds without going through a third party.  

What are the Different Types of Bitcoin Wallets?

We have covered custodianship, public addresses, and private keys in great detail. The next step for UAE investors is to learn about the different types of crypto wallets. 

Let’s start with the most common type – software wallets.  

Software Wallets

Software wallets allow investors to send and receive funds remotely. There are generally four options to choose from in this regard:

  • Web Wallet: Web wallets are offered by custodians like Binance. No software is actually required, as investors can access their web wallets by logging into their accounts.  
  • Mobile Wallet: Mobile wallets like Best Wallet come as an app. They allow users to send, receive, and store cryptocurrencies no matter where they are located. This option is suitable for active traders that want full control of their cryptocurrencies. 
  • Desktop Wallet: Another option is to download a desktop wallet. Usually supported for Windows and Mac, this offers a more user-friendly experience when transacting. But desktop wallets are less convenient, and transactions can only be verified when the user has access to their device. 
  • Browser-Based Wallet: Some of the best crypto wallets in the UAE come as a browser extension. The wallet is installed in a browser like Chrome or Firefox. This makes it simple to trade cryptocurrencies online – especially on decentralized exchanges.  

Hardware Wallets

Hardware wallets do not allow investors to transact with the blockchain remotely. 

Instead, they come as a hardware device, and the private keys are never exposed to the internet. To transact, a PIN needs to be entered on the hardware wallet. 

We found that one of the best crypto hardware wallets for UAE investors is the Trezor Model One. This retails for just $69 or about 250 AED.    

Paper Wallets

The less common option is a paper wallet. This is a cost-effective version of a hardware wallet, as the private keys are never connected to live servers. This is because the private keys are printed and kept somewhere secure and private – like in a safe. 

Paper wallets will not appeal to UAE investors who want to regularly send, receive, or trade cryptocurrencies. 

Tips for Selecting the Best UAE Bitcoin Wallet

There are many variables to consider when researching the best UAE Bitcoin wallets. Not only in terms of the wallet type and custodianship, but security, supporting coins, and core features. 

Here’s what to consider when choosing a UAE crypto wallet:

  • Custodianship: First, do some research on the pros and cons of both custodial and non-custodial wallets. As noted earlier, a great analogy is to consider how money is stored. Those that prefer to keep money in a bank can opt for a regulated custodial wallet. Those who prefer keeping money at home in a safe can opt for a non-custodial wallet. 
  • Device Type: The most popular wallets are available on multiple devices. For example, wallets come as mobile apps, browser extensions, and desktop software. Hardware wallets are another option. 
  • Supported Coins: The best crypto wallets in the UAE support many different coins and network standards. Best Wallet supports coins from various blockchains, including Ethereum, Polygon and BNB, with Bitcoin blockchain planned for a future update. 
  • Fees: Hardware wallets must be purchased, so consider the costs before proceeding. Software wallets are free to download. Storing and receiving cryptocurrencies should also be free. Some wallets charge markups when sending cryptocurrencies. These wallets should be avoided.  
  • Security: Security features will vary depending on the wallet type. Non-custodial hot wallets like Trust Wallet and MetaMask come with limited security features. Cold wallets like Trezor are super-secure.  
  • User-Friendliness: UAE investors should also choose a crypto wallet that is suitable for their experience. The best user-friendly wallet is offered by Binance. On the other hand, OKX comes with many features, but it’s more suitable for experienced investors.  
  • Features: We like crypto wallets that come with extra features. For example, being able to buy crypto with AED or swap tokens without leaving the wallet. Staking and yield farming tools are handy for earning passive income. 

Tutorial on How to Get and Use a Bitcoin Wallet in UAE

This section provides a step-by-step walkthrough on how to set up the Best Wallet. 

We found that Best Wallet offers the best crypto wallet app for UAE investors. Not only is it non-custodial, meaning you have full control over your funds, but the app allows users to send and receive funds via multiple blockchains. 

Step 1: Download the Best Wallet app

UAE investors must download the Best Wallet app from the App Store or Google Play, depending on the device.

Best Wallet Application Overview

Step 2: Open the Best Wallet App

When you open the app, you’ll be asked to verify your email address. The next step is to activate a two-factor authentication to improve the app’s security. However, you can skip this step and activate 2FA later on if you want to.

2FA Setup On Best Wallet

Whether or not you activate 2FA, you’ll have to set up a four-digit password next. There’s an option to enable biometrics such as fingerprint or face ID if your device supports any of those features.

Step 3: Create a Wallet

Your first wallet is on the Ethereum blockchain. You can now create multiple wallets, give them names, such as “Trading wallet” or “NFT storage” and select a background color. This is designed so that you can quickly identify each wallet. 

Tap “Continue” when ready.

Best Wallet Account Name

Step 4: Use Best Wallet

Now you can buy crypto with a card, receive coins from exchanges or other wallets and swap them. Active Best Wallet users may get $BEST tokens airdropped in Phase 6 of the development of this wallet.

Best Wallet Main Account

How Safe Are Crypto Wallets?

Each wallet type will come with its own level of security. Not only in terms of the device type, but whether it’s a custodial or non-custodial wallet. UAE investors should also consider whether the wallet offers hot or cold storage. 

Let’s break down the most important factors;

  • Cold Wallets: Cold wallets offer the highest level of security. They are never connected to a live internet server, so this removes a major risk – remote hacking attempts. Hot wallets are usually non-custodial, such as Trezor. 
  • Hot Wallets: In contrast, hot wallets offer a much lower level of security, because they are always connected to a live internet server. Hot wallets come as both custodial and non-custodial options. For example, the Binance web wallet is custodial. While the Exodus wallet is non-custodial, as users are provided with their private keys. 

When deciding between a custodial or non-custodial wallet, assessing the security features is paramount. 

For example, non-custodial wallets like Trust Wallet and MetaMask come with limited safety features. These wallets are only protected by a password. If the device that the wallet is stored on is compromised, the private keys would be hacked. 

Custodial wallets offer many safety features – from two-factor authentication, regulation, and analytic behavior machine learning. On the flip side, investors are trusting a third party to look after their cryptocurrencies. This is much the same as trusting a bank to store money. 

The Verdict

There are many considerations to make when choosing the best crypto wallet for UAE investors. But overall, we found that the Best Wallet offers the ideal balance between safety, convenience, and features. 

The Best Wallet can hold coins from multiple blockchains, it can swap them, and you can safely store your NFTs. With upcoming updates, you’ll get market insights and token analytics. Active Best Wallet users can get $BEST tokens airdropped in the future.  

 

References

FAQs

Which is the best crypto wallet in UAE?

Best Wallet – a regulated custodian and exchange, offers the best crypto wallet for UAE traders seeking a safe place to store and trade cryptocurrencies. 

Can you use Coinbase in the UAE?

No, Coinbase is only available to trades in the US, Canada, Europe, and the UK. 

Are Bitcoin wallets legal in the UAE?

Yes, the UAE is a crypto-friendly nation with solid regulation – so Bitcoin wallets are perfectly legal. 

Can UAE residents use Binance?

Yes, not only can UAE residents use Binance, but the exchange has been approved by the Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA).

 

The post 9 Best Crypto Wallets in UAE – The Complete 2024 List appeared first on Cryptonews.

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16 Best Altcoins to Invest in for March 2024 https://cryptonews.com/guides/best-altcoins.htm Wed, 10 Jan 2024 00:22:10 +0000 https://cryptonews.com/?post_type=guides&p=137802.htm Although Bitcoin is the largest and most well-known cryptocurrency on the planet, investing in top altcoins can also potentially yield high returns. Throughout this article, we’ll be taking a look at the best altcoins to invest in, exploring what an altcoin is and why they make good investments, as well as outlining exactly how altcoins […]

The post 16 Best Altcoins to Invest in for March 2024 appeared first on Cryptonews.

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Although Bitcoin is the largest and most well-known cryptocurrency on the planet, investing in top altcoins can also potentially yield high returns.

Throughout this article, we’ll be taking a look at the best altcoins to invest in, exploring what an altcoin is and why they make good investments, as well as outlining exactly how altcoins can be purchased. Let’s get started.

  • Buy and hold $SMOG to generate and earn airdrop points
  • 35% of supply reserved for future airdrop rewards
  • Viral potential after pumping over 1000%
Project Launched
February 2024
Meta
Meme, P2E
Purchase Methods
  • usdt
    usdt
  • Solana
    Solana
  • Up to 500% staking rewards
  • Innovative predict-to-earn model
  • Gamified green staking
Project Launched
2023
Meta
Predict to earn
Purchase Methods
  • Bank Card
    Bank Card
  • usdt
    usdt
  • ETH
    ETH
  • Unique project using AI to improve security in crypto
  • Over 140% APY when staking $SCOTTY tokens
  • Token rewards are distributed at rate of 82.5 $SCOTTY per ETH block
Project Launched
December 2023
Meta
AI
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • Bank Card
    Bank Card
  • Trending meme coin with P2E utility & staking rewards
  • Price up 10x in past month, rumors of Binance listing
  • 12k+ holders and growing
Project Launched
December 2023
Meta
Meme, P2E
Purchase Methods
  • Bank Card
    Bank Card
  • usdt
    usdt
  • ETH
    ETH
  • Native BSC token
  • Audited by Coinsult
  • Long-term rewards for holders
Project Launched
2023
Meta
AI
Purchase Methods
  • bnb
    bnb
  • usdt
    usdt
  • Bank Card
    Bank Card
  • Innovative stake-to-mine project for easy BTC mining
  • Presale has raised over $6.5m so far
  • Over 90% staking APY during presale
Project Launched
2023
Meta
Staking, mining
Purchase Methods
  • ETH
    ETH
  • bnb
    bnb
  • usdt
    usdt
  • Bank Card
    Bank Card
  • +1 more
  • Innovative VR & AR Gaming Project
  • Aiming to Raise $15M Across 12 Rounds
  • Token Holders Get Lifetime Access to VR Content
Project Launched
January 2024
Meta
VR
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • Bank Card
    Bank Card
  • Fresh-out-the-packet meme token looking to 100x like PEPE and WIF
  • 800,813,569 $PEEN tokens up for grabs via fair launch
  • With recent bullish trend of meme crypto market, $PEEN is looking to make its mark
Project Launched
March 2024
Meta
Meme
Purchase Methods
  • ETH
    ETH
  • usdt
    usdt
  • bnb
    bnb
  • Daily passive staking income
  • 250k giveaway participation
  • Free casino credits
Project Launched
July 2023
Purchase Methods
  • usdt
    usdt
  • bnb
    bnb
  • ETH
    ETH
  • Trending new meme coin presale with 6.9Bn total supply
  • Buy and stake $POODL to earn rewards of 12397% p/a
  • 30% of the token supply has been allocated to staking
Project Launched
February 2024
Meta
Meme, P2E
Purchase Methods
  • bnb
    bnb
  • ETH
    ETH
  • usdt
    usdt
  • Bank Card
    Bank Card
  • +1 more
  • Innovative AI crypto casino offering staking, airdrops and custom games
  • $HPLT presale has raised over $400k so far with +60M bets placed by +150k users
  • Offers daily staking rewards, hype NFTs and is fully audited by Certik
Project Launched
March 2022
Purchase Methods
  • bnb
    bnb
  • ETH
    ETH
  • usdt
    usdt

Best Altcoins to Buy in March 2024


Below, we’ve rounded up some of the best altcoins to invest in right now and provided a short description of each. In the following section, we dive deeper into the specifics, providing a mini-review of our selected assets.

  1. Green Bitcoin – Overall best altcoin hosts daily BTC price predictions, get 262% APYs.
  2. Scotty the AI – New AI-powered altcoin, access AI chatbots and token swapping tools.
  3. Smog – New meme coin offers 42% staking APY and massive airdrop rewards.
  4. Sponge V2 – Sponge V1 did 100x since its presale and now V2 aims to outperform it.
  5. eTukTuk – Eco-friendly platform builds electric tuk-tuks, raised over $1.4 million.
  6. Bitcoin MinetrixStake-to-mine crypto, raised over $11 million on presale.
  7. PEEN – New altcoin with a humorous twist and a $100 million market cap target.
  8. Scorpion Token – eGambling cryptocurrency casino, raised close to $5 million.
  9. Poodl Inu – Latest dog-themed meme coin offering over 9,000% staking APYs.
  10. 5th Scape – New VR and AR gaming ecosystem, raised over $200k so far.
  11. Mollars – Decentralized altcoin implements deflationary tokenomics. $850K raised.
  12. Hypeloot – First AI-powered casino offers daily profit share with HPLT token holders.
  13. Ethereum – #1 altcoin in terms of market cap, deplouys smart contracts.
  14. Chainlink – Decentralized oracle network delivers price feeds to DeFi platforms.
  15. XRP – Peer-to-peer payment network offers low fees and fast transactions.
  16. BNB – BNB token holders get discounts when trading with Binance.

Top Altcoins to Invest in Reviewed


Looking for the best altcoins to research before the next altcoin season? Now that we have an understanding of each altcoin project and its offerings, let’s dive into the reviews.

1. Green Bitcoin – Best Altcoin Hosts Daily BTC Price Prediction Games, Offers 262% Staking APYs

Green Bitcoin is our #1 choice for the best altcoins to buy right now. Although many cryptocurrency projects are developing innovative financial solutions, some projects are focused on rewarding users in a gamified way.

Investors can buy $GBTC tokens, stake them and make Bitcoin price predictions. Depending on your prediction and staking duration, you’ll be rewarded.

Green Bitcoin presale

The project is in its infancy, however. This means you can only buy $GBTC tokens now at a discounted price while you wait for the price prediction system to go live. This shouldn’t be bad, though, especially if you believe the project has a future. $GBTC sells at a lower price during the presale than what it could potentially trade post-presale. Moreover, you get to stake and earn rewards during the presale, giving you a chance to stack up before you start predicting Bitcoin’s price.

To participate in the presale, you need ETH, USDT, or a card, and an Ethereum-based wallet to complete the transaction. Token withdrawal will be enabled once the presale ends. While you wait, you can earn more $GBTC tokens.

The staking system is live and there’s a 262% APR at the time of writing. This will change as more tokens get staked. With 27.5% of the total token supply dedicated to the presale and the staking rewards, according to Green Bitcoin’s whitepaper, the majority of the tokens are likely to get distributed among early adopters.

Green Bitcoin staking

At the time of writing, $GBTC is priced at $0.492 on presale, which has raised more than $1.1 million. Follow Green Bitcoin on X and Green Bitcoin on Telegram to get project updates and to learn more.

Presale Started 6 Dec 2023
Purchase Methods  ETH, USDT, BNB, Card
Chain Ethereum
Min Investment None
Max Investment None

2. Scotty the AI – New Altcoin Uses AI to Detect Frauds in the Blockchain, Get 141% Staking APYs

The next best altcoin is $SCOTTY, the native token of Scotty the AI. On Scotty the AI, token holders can earn high staking yields, access a token swapping mechanism, and interact with AI chatbots.

Scotty the AI presale

Scotty the AI uses advanced artificial intelligence algorithms to detect frauds within the cryptocurrency space. The platform can track every block and transaction to look for potential threats or network anomalies within the blockchain. The platform founders want Scotty the AI to be a decentralized and fair project.

Therefore, they will renounce ownership of the token contract in the future. This AI-powered altcoin can be staked to earn up to 141% APYs. So far, more than 91 million tokens have been staked on the Scotty the AI ecosystem.

According to the Scotty the AI whitepaper, $SCOTTY can be swapped with other cryptos through an upcoming token-swapping mechanism. This will allow investors to swap $SCOTY for other DeFi tokens.

Scotty the AI staking

Another feature is the ‘Scotty Chat’ – an AI chatbot that interacts and responds to your questions like a human would. From a 1.734 billion token supply, Scotty the AI has allocated more than 520 million tokens on presale.

Currently, $SCOTTY is priced at $0.00605 per token. For more information, join the Scotty the AI Telegram channel.

Presale Started 2 Jan 2024
Purchase Methods  ETH, USDT, Card
Chain Ethereum
Min Investment 10 $SCOTTY
Max Investment None

3. Smog – New Meme Coin Offers 42% Staking APY and Massive Airdrop Rewards

Smog ($SMOG) is a Solana-based utility token launched on the Jupiter DEX in February 2024 that has quickly emerged as a leading altcoin. Starting with a market cap of $2 million, Smog saw remarkable growth, reaching nearly $66 million within a week of its listing.

Smog’s airdrop campaign is a key feature, rewarding holders for social media engagement and completing online challenges. It aims to offer the ‘Greatest SOL airdrop of all time.’

Smog Crypto Homepage

Over 6,500 participants have participated in multiple challenges, showing strong community involvement. With 490 million tokens set aside for airdrops, Smog focuses on long-term engagement.

Additionally, Smog offers a staking mechanism with 42% annual yields, attracting investors looking for passive income. Around 9 million tokens have already been staked, showing high investor confidence.

This combination of active engagement rewards and staking benefits highlights Smog’s commitment to providing more than speculative value.

Smog key highlights

Smog’s fair launch model, absence of a presale, and plans for cross-chain expansion and upcoming exchange listings show its dedication to accessibility and liquidity.

Interested users can find more information in the whitepaper and stay updated through its Telegram group and X (Twitter) account.

Visit Smog

4. Sponge V2 – Emerging Altcoin With A P2E Game And A Stake-to-Bridge For High APYs

Sponge V2 is a trending new upgrade building on the remarkable success of the original $SPONGE. The first version caught the market’s attention, rising to a $100 million market cap and producing a staggering 100x return to early investors.

With over 11,500 holders and a stable $16 million market cap, Sponge V2 is set to take this legacy forward with innovative features and a strong community focus.

Key Developments in Sponge V2:

  • Stake-to-Bridge Model: Sponge V2 offers a Stake-to-Bridge model, allowing users to transition from V1 to V2 by staking their original tokens. This model ensures a smooth upgrade and solidifies long-term community commitment by locking V1 tokens for four years and offering V2 tokens as rewards.
  • Play-to-Earn Gaming: To improve utility and user engagement strategically, Sponge V2 integrates a Play-to-Earn game. This game is a fun addition and a practical way to earn $SPONGEV2 tokens.
  • Exchange Listing Plans: The team behind Sponge V2 is potentially looking at listings on major exchanges like Binance and OKX. Such a move could mirror the success of other recently listed meme coins, potentially exploding SPONGEV2’s value.

SPONGEV2

The total supply of $SPONGEV2 is capped at 150 billion, with a significant portion allocated for staking rewards and the P2E gaming ecosystem.

This allocation strategy emphasizes rewarding active participants and enhancing the token’s utility.

Building on the success story of Sponge V1, Sponge V2 aims to leverage its strong 30,000-member community base for broader outreach and adoption.

Investors have a unique opportunity to double their holdings by purchasing V1 tokens and staking them for V2, with additional bonuses offered for a limited time. This model offers an attractive proposition, especially for those who missed the initial wave of Sponge’s growth.

SPONGEV2

Potential investors and community members looking to stay informed can follow Sponge on social media platforms like X (Twitter) and enter its Telegram channel.

These platforms offer real-time updates on Sponge V2’s rollout, exchange listings, and other critical developments.

Presale Started Dec 2023
Purchase Methods  ETH, USDT, Card
Chain Ethereum
Min Investment None
Max Investment None


5. eTukTuk – Reduce Carbon Emissions in the Developing World

eTukTuk, a new eco-friendly initiative based on the BSC blockchain, prepares for launch in Sri Lanka with a twofold mission – environmental protection and financial inclusion.

This project aims to replace traditional fossil fuel-reliant TukTuks with their electric counterparts, mitigating carbon emissions while offering economic advantages. The presale has already raised more than $1.4 million with buyers able to earn 167% staking APY.

eTukTuk EV crypto project

Electric TukTuks bring significant cost reductions in operation and maintenance, potentially boosting driver income by an impressive 400%. Sri Lanka, home to a vast fleet of millions of TukTuks, can provide a solid base for eTukTuk’s journey to kick off.

With the strong backing of The Capital Maharaja Group, a significant conglomerate in Sri Lanka, eTukTuk’s goal of affordable and accessible electric vehicles and charging stations have become more feasible.

Incorporating blockchain tech, eTukTuk promotes financial inclusion by assigning digital identities, narrowing the economic divide. As per the eTukTuk whitepaper, It doubles as a socio-economic tool, aiming to make a mark beyond transportation.

eTukTuk power staking mechanics

Token holders can support charging station operations by staking their tokens, earning annual yields in return. This unique staking method sets eTukTuk apart, further showing its innovative approach.

eTukTuk seeks to create a future where transportation and economic growth harmoniously coexist without affecting the planet’s health. You can join the eTukTuk Telegram group for the latest information.

6. Bitcoin Minetrix – Brand New Altcoin Introducing a Revolutionary Stake-to-Mine Model

Bitcoin Minetrix ($BTCMTX) is a revolutionary new stake-to-mine cryptocurrency through which investors can earn cloud mining credits and mining power on Bitcoin.

For those looking to engage in mining activities without the high entry barrier, Bitcoin Minetrix offers a simple solution. The platform also offers a ‘minedrop’ with rewards of $30k for early supporters.

Bitcoin Minetrix presale

Bitcoin Minetrix will tokenize cloud mining by leveraging the $BTCMTX token. All one has to do is purchase $BTCMTX on the presale and stake their holdings. Bitcoin Minetrix has a 4 billion token supply, and has allocated 2.8 billion tokens across 39 presale rounds.

Currently, $BTCMTX is priced at $0.0137 per token – this price will rise with each successive stage.

The current staking APY (Annual Percentage Yield) on $BTCMTX is 59%, which will eventually reduce as more tokens are staked on the Ethereum-powered smart contract. Staked token holders will earn passive income in the form of cloud mining credits.

While these credits cannot be traded, investors can burn them on the ecosystem to earn Bitcoin cloud mining power. This allows one to get allocated mining time and a share of mining revenues. This is a cost-efficient solution to other cloud mining services due to the high costs of operations and the prevalent third-party scams.

Bitcoin Minetrix Stake-to-Mine Concept

By tokenizing the tokens, investors can join a decentralized platform that is secure to use. The presale requires investors to make just a $10 investment to get started – over $11.4 million has been raised since it launched.

Go through the Bitcoin Minetrix whitepaper and join the Telegram channel to stay updated with this cryptocurrency.

Presale Started 26 Sept 2023
Purchase Methods  ETH, USDT, BNB
Chain Ethereum
Min Investment $10
Max Investment None


7. PEEN – Humorous New Altcoin Based Around the Male Reproductive Organ 

Ethereum-based PEEN is the latest altcoin to keep an eye out for after it launched on the Uniswap DEX. This cryptocurrency aims to become one of the most popular meme coins by turning away from dog, cat and frog themes and going for a teenage-style humor and a crude cartoon art based around the male sexual organ.

The total number of tokens is 800,813,569 – also part of the humor when you enter the number in a calculator – which is entirely dropped into the market. This gives everyone the opportunity to buy at the same price on launch, without front running and token vesting.

peen meme coin

The goal is to reach $100 million market cap and grab the attention of large centralized exchanges to start listing the token, giving further exposure to this altcoin. If it succeeds, this could be another 100x meme coin. There’s a rumor that the team behind PEEN is the same team that launched SMOG, which already pumped over 6,000%.

Check out the PEEN litepaper for more details. Make sure to follow PEEN on X and join the PEEN Telegram channel for a daily dose of memes and the latest information about the token.

8. Scorpion Token – Earn Up To $10,000 in Daily Passive Staking

Scorpion Casino is the future leading eGambling platform that lets users earn up to $10,000 USDT in daily passive staking, depending on the casino’s performance. The project is on a mission to build the number-one online social gambling platform that seeks to provide a fun and seamless gambling experience while simultaneously allowing everybody to earn.

scorpion casino presale

The passive staking earnings are provided through a redistribution tax that’s baked into the smart contract for the token. A 2% tax is leveraged on all transactions, which is re-distributed to all SCORP holders. As a result, holders will see their token balance increase when holding the token as the casino gains more adoption.

Furthermore, the token is actually deflationary due to the 1% burn tax that is levied on each transaction. Over time, the total supply for SCORP will continue to decrease, making the remaining tokens more scarce and valuable.

The project is currently hosting a presale for its native token, SCORP. The native token will be the exclusive payment method for the entire ecosystem and will be the default betting currency across the casino and sports gaming products. However, the casino also accepts major cryptocurrencies, such as BTC, ETH, and BNB.

Investors who purchase more than $1,000 SCORP in the presale are automatically enrolled in the Elite Scorpion Members Club, which provides multiple benefits, including;

  • A VIP service
  • Cashback on the casino
  • Extra staking rewards
  • Addition SCORP tokens

Furthermore, those that use the exclusive bonus code Scorpion20 when making their purchase can get an extra 20% tokens on their investment – nearly $5 million has now been raised in the presale.

Scorpion Casino presale

The project has announced that it has already secured a top-tier centralized exchange listing for when the presale ends, which will be announced close to the conclusion of the presale.

9. Poodl Inu – Latest Dog-Themed Meme Coin Offers Over 9,000% Staking APY

Poodl Inu is another dog-themed meme coin that aims to follow the hype around Dogecoin, Shiba Inu, Bonk, Myro and Dogwifhat. The main difference between all these tokens and Poodl Inu is that they have all been around for years, while Poodl Inu is now in a presale, giving you the chance to buy it at a lower price before being listed on exchanges.

To participate in the presale, connect your Ethereum wallet and use ETH, USDT or a card to complete the purchase. You can also buy it with BNB if you prefer, but you won’t be eligible for the staking rewards.

Poodl Inu token presale

As soon as you purchase your POODL tokens, stake them to earn a generous staking APY that stands over 9,000% as of this writing. This number will drop when more investors buy and stake their tokens, which makes it prudent to lock in before the APY drops.

Follow Poodl Inu on X and join the Poodl Inu Telegram channel for more information about the project.

10. 5th Scape – New Altcoin Linked to a VR Gaming Ecosystem 

5th Scape ($5SCAPE) is a brand new immersive virtual reality ecosystem where players can experience a hyper-realistic world full of limitless possibilities. The 5th Scape ecosystem comes equipped with the necessary products to provide gamers with a realistic VR gaming experience – including VR headsets and ergonomically designed VR chairs.

5th Scape presale

$5SCAPE, the native token, can give you access to the basic gameplay modes on 5th Scape. According to the platform roadmap, 5th Scape will launch five new VR games – ranging from MMA-focused themes to Cricket and Soccer-based gameplay modes.

$5SCAPE token holders get access to these gameplay modes and discounts on all 5th Scape products. With the token, you can also engage in educational content via tutorials and modules.

This new altcoin is priced at $0.00187 during the first presale round. The presale will run for 12 rounds – across which 80% of $5SCAPE’s 5.21 billion token supply will be allocated. By the final round, the price will increase to $0.0087 – a 350% price increase from current levels.

5th Scape VR headset

The $5SCAPE listing price is set at $0.01 per token. Read the 5th Scape whitepaper and join the Telegram channel to stay updated with this new altcoin.

Presale Started January 2024
Purchase Methods  USDT, BNB
Chain Ethereum
Min Investment None
Max Investment None


11. Mollars – Decentralized Crypto Burns 1% of All Transactions, $850K Raised on Presale

The next top altcoin in our list is Mollars ($MOLLARS), a decentralized cryptocurrency platform. Mollars may be an ideal investment opportunity for investors seeking decentralization and autonomy.

The company founders will renounce ownership of the contract code after $MOLLARS officially launches on exchanges. This will symbolize the official transfer of power from the founders to token holders. $MOLLARS holders can also get access to the platform’s DAO and make crucial decisions about the crypto’s future.

Mollars presale

Post the platform launch, Mollars will launch a decentralized exchange and gaming ecosystem. This altcoin has a total supply of 10 million, 40% of which is allocated for the ongoing presale. Another 20% will be used for ecosystem funds and future centralized exchange listings.

Nearly a quarter of the supply will also be distributed through a rewards program. Interested investors can purchase $MOLLARS for $0.5 through the ongoing presale round. In a few months since the presale started, Mollars has raised over $850K. There will be a 3% tax levied per transaction. This will be distributed among the DAO, used for technological advancements, and for community initiatives.

To keep the token price competitive in the long term, 1% of all tokens will be burned per transaction. Read the Mollars whitepaper and join the Telegram channel for more information.

Token Symbol  MOLLARS
Presale Supply 4,000,000 MOLLARS
Token Type Ethereum
Payment Method ETH, USDT, Card
Listing Price  N/A

Visit Mollars

12. Hypeloot – AI-Powered Casino Open For Daily Profit Share With Token Holders

Hypeloot is an established crypto gambling site that now offers one of the hottest token presales. As a token holder of this new altcoin, you will get daily profit share from the Hypeloot AI-powered crypto casino. This means you get to own part of the casino with just $10.

The HPLT token is available to everyone. All you need is an Ethereum-based crypto wallet to connect to the presale site and some ETH, USDC, USDT or BNB to make the purchase. Over $500,000 have been raised so far, and soon – a new presale stage will begin.

Hypeloot token presale

Each stage will have a slightly higher token price than the previous, making it potentially prudent to buy in early to get a better price. Hypeloot already serves over 170,000 users globally where more than 60 million bets have been placed. In 2023 alone, Hypeloot had over $1 million in revenue. This means that as soon as the token presale ends, the profit share phase can begin.

Find out more in the Hypeloot whitepaper. Also, make sure to join the Hypeloot Telegram channel and to follow the Hypeloot X account for the latest information.

Token Symbol  HPLT
Presale Supply 40,000,000 HPLT
Token Type Ethereum
Payment Method ETH, USDT, USDC, BNB
Listing Price  $0.15

Visit Hypeloot

13. Ethereum – Largest Altcoin and Originator of Smart Contracts

Ethereum (ETH) is the king of altcoins. It’s the second-largest cryptocurrency on the market, beaten only by Bitcoin.

Furthermore, Ethereum fathered the ERC standard used by many of today’s best altcoins to watch. But is Ethereum a good investment right now?

Many investors consider Ethereum to be the best crypto to buy now and for good reason. The project has consistently proven itself able to weather any bear market while still providing the same great service to its users.

A large portion of the most popular altcoins utilize the ERC standard and with the upcoming Ethereum update expected to improve throughput, this is unlikely to change anytime soon. It’s also considered to be one of the best VR cryptos as it powers many of the new projects on the market.

With the amount of value the project offers, Ethereum is one of the best altcoins to buy and a worthy addition to any well-diversified portfolio.

14. Chainlink – Popular Project Bringing Off-chain Data On-Chain

Chainlink (LINK) is packed full of intrinsic value and is one of the most popular altcoins currently available.

The project’s core value proposition is the ability to implement off-chain data sources into on-chain applications, something that has drastically increased the functionality of Web3 projects as well as other cryptocurrencies.

Chainlink web3 services platform

Few of even the best altcoins to watch can compete with Chainlink in terms of industry partnerships. Due to the nature of the project, it’s in the interest of other cryptocurrencies to join Chainlink in order to improve their own offerings. This has resulted in Chainlink’s technology being incorporated in a range of high-profile projects like Aave.

Overall, Chainlink is one of the best altcoins to buy right now. Even during the current market downturn, it has remained strong and as it uses the ERC standard, the upcoming Ethereum merge will likely award LINK a slight boost in value.

15. XRP – Transactional Cryptocurrency Touted as being the Future of Currency Exchanges

XRP is a transactional cryptocurrency that many investors believe could be the future of banking. The token was created by David Shwartz as a more cost and energy-efficient alternative to Bitcoin with Ripple Labs being created soon thereafter in order to create use cases for XRP.

XRP offering utility for global economy

While Ripple and XRP are currently in the midst of a lawsuit from the Securities and Exchange Commission (SEC) regarding the unlicensed selling of securities, many speculate that XRP could explode following the suit’s conclusion. Like Chainlink, XRP has a huge number of partnerships with financial institutions and banks including the Bank of America, MoneyGram, and American Express.

Being launched in 2012, XRP cannot be counted alongside new altcoins but it remains one of the best altcoins to buy. With its partial win over the SEC in a long standing court trial, it can also be regarded as born anew.

The price certainly reflects this, trading at $0.71 at the time of this writing, rising sharply after the SEC court victory.

16. BNB – Cryptocurrency Powering the Binance Ecosystem

BNB sometimes referred to as Build and Build, is the propriety token of the world’s largest exchange (by volume), Binance.

Despite originally launching as a rather basic blockchain designed primarily to reduce fees on the Binance exchange, BNB has since expanded into the smart contract sector and is commonly used to power new altcoins like Battle Infinity.

Binance trading fees

The value of BNB absolutely exploded in early 2021 as investors everywhere were looking for the next project to rival Ethereum and with the BEP standard based on ERC, it was a clear contender. The release of the Binance Smart Chain also created immense demand for BNB as it’s used to fuel all transactions on the network. The majority of BNB price predictions suggest that this utility token could reach an ATH of $2,000 by the end of 2030.

All in all, BNB is one of the best crypto to buy according to Reddit and still offers massive upside potential. The Binance Smart Chain (BSC) ecosystem is only growing as a result of its low costs and similarities with the ERC standard, making it one of the top new altcoins to invest in this year.

What is an Altcoin?


Altcoin simply means alternative coin. As such, any alternative (to Bitcoin) can be considered an altcoin. In practice, this means that every cryptocurrency other than Bitcoin is classed as an altcoin.

Ethereum, XRP, Solana, and Dogecoin are among the biggest altcoins, of which thousands exist. Many new altcoins are launched each day, and new ones in particular often exhibit extreme volatility.

While most crypto investors hold Bitcoin, many also invest in a variety of altcoins as a means of diversifying their portfolios.

Are Altcoins a Good Investment?


With Altcoins being made up of such a large variety of projects, some will make for good investments while others will slowly fade into obscurity. Below, we’ve shared a few reasons why altcoins can make an excellent addition to a well-balanced portfolio.

Technology Advancements

One of the most interesting aspects of altcoins is the technology they possess. With cryptocurrency already being an emerging technology, altcoins can provide access to subsectors like decentralized finance, the Metaverse, and P2E gaming. 

The best altcoins to buy will typically feature new and exciting features, making them an excellent way to get to the forefront of technology.

Among those listed here, XRP20 uses staking technology to enhance a regular “dumb” token into something that rewards users.

All these projects utilize blockchain technology in different ways to provide utility and a solution to a real-world issue.

Diversification

As we mentioned, there is a massive variety of different altcoins available and as such, they can make for an excellent diversification tool. With altcoins spanning every sector within cryptocurrency, regardless of how a portfolio is composed, there will be an altcoin able to reduce an investor’s exposure to a specific sector, effectively reducing risk.

Room for Growth

While Bitcoin is regarded as being a safer, blue-chip crypto, its larger size means it’s more difficult for the price to move substantially in either direction. However, altcoins will have lower market caps, meaning that less demand is required for them to be pushed upward or downward.

Meme coins can often show explosive growth, but investors have to be careful about which projects they choose. Not only do some meme coins have a very short shelf life, but many are also outright scams.

As such, altcoins can make for excellent growth vehicles, provided the proper due diligence is done prior to investing.

How to Choose the Best Altcoins to Buy


With there being so many different altcoins on the market, an investor needs to narrow down their search criteria to find worthwhile projects. Sometimes you need more than just the best crypto signals to know which crypto project is worth investing in. We’ll be sharing a few quick tips to help decide which altcoins to invest in.

Analyze the Whitepaper

One of the most effective techniques to weed out lackluster projects is thoroughly reviewing a project’s whitepaper. The best altcoins to buy will always feature a well-written whitepaper that clearly explains exactly what the project does as well well as its plans for the future. If a cryptocurrency makes a lot of promises without explaining how they will be achieved, it’s best avoided.

See What Social Media is Saying

Taking a look at social media can be a great way to determine how investors feel about a project and whether it has a strong community. While stats like followers can be easily purchased online, it’s much harder to fake an active community consistently commenting and sharing so these are both factors to look out for when trying to find the best altcoins for 2024.

Look for Projects with Genuine Utility

While it’s possible for some projects to perform well and offer great returns through hype alone, it’ll never be conducive to long-term growth. Instead, it’s better to look out for utility-focused projects that provide a useful service or product. These altcoins will always have a demand regardless of hype or the market, making them far safer long-term investments.

Conclusion


We’ve taken a look at some of the best altcoins to invest in, discussed the benefits of altcoins, and explained how to choose the find altcoins with the highest potential. However, throughout our research, we determined that one particular project boasts the most potential.

One of the top altcoins right now is Green Bitcoin ($GBTC). This new green cryptocurrency is a more sustainable version of Bitcoin, as it operates using the proof-of-stake consensus. Token holders can stake $GTBC and take part in daily BTC price prediction games.

The token offers 262% staking APYs, and has raised more than $1.1 million on presale.

Latest Altcoin News

FAQs

What is an Altcoin?

Put simply, an altcoin is an alternative cryptocurrency to Bitcoin. As such, the vast majority of cryptos can be considered altcoins, with the term transcending category or intended purpose.

What is the number one altcoin to buy now?

Green Bitcoin is one of the top altcoins to watch right now. It comes with high staking APYs, and offers access to a daily BTC price prediction game.

Which altcoins have the most room for growth?

While each of the projects we’ve reviewed has plenty of room for an upside move, recently released projects like Green Bitcoin, Scotty the AI, Smog, and Sponge V2, are all in their presale or small market cap projects that have not reached the wider market yet. Presale and low market cap projects offer low entry prices and greater potential for growth.

How many different altcoins are available?

It’s impossible to provide an exact number of available altcoins as new crypto projects are released daily. Currently, there are over 2,000 altcoins on the market, with this figure continually growing.

How can I invest in altcoins?

There is a plethora of ways to invest in altcoins. The best altcoin to buy, Green Bitcoin, can be earned through staking, whereas other top altcoins can be easily bought using a regulated broker.

What is the top new altcoin?

Out of all the altcoins available to invest in right now, Green Bitcoin presents the best opportunity. Scotty the AI and Smog are other viable investment options.

Are altcoins worth buying?

As there are so many different altcoins, some will be worth buying while others are best avoided. However, each of the projects we’ve reviewed has solid fundamentals and could make for a great investment.

The post 16 Best Altcoins to Invest in for March 2024 appeared first on Cryptonews.

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Ignition Casino Review, Bonuses & Promo Codes 2024 https://cryptonews.com/guides/ignition-casino-review.htm Mon, 08 Jan 2024 11:55:08 +0000 https://cryptonews.com/?post_type=guides&p=148391.htm Are you on the fence about giving Ignition Casino a shot? Are you wondering if this up-and-coming casino meets your requirements? This is where our Ignition Casino review comes in. Here, we cover everything from welcome bonuses, promo codes and interesting offers, to the game types and payment methods. Read on to find out if […]

The post Ignition Casino Review, Bonuses & Promo Codes 2024 appeared first on Cryptonews.

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Are you on the fence about giving Ignition Casino a shot? Are you wondering if this up-and-coming casino meets your requirements? This is where our Ignition Casino review comes in.

Here, we cover everything from welcome bonuses, promo codes and interesting offers, to the game types and payment methods. Read on to find out if this is your new gambling home.

What Is Ignition Casino?


Ignition Casino has been around since 2016. It is a crypto-oriented casino that does accept fiat as well, but offers more perks for crypto users. Although it offers all major casino game types, as well as virtual sports betting, its focus is on poker.

If you’re a poker fan with a preference for ether (ETH) as a payment method (which is also accepted at Ignition Casino), here are some more best Ethereum poker sites this year.

For their users, Ignition Casino offers both a welcome bonus which is higher for crypto deposits, and ongoing promotions to reward their loyalty. There are also constant poker tournaments and special events. The sportsbook only offers virtual sports, which may be disappointing for sports fans.

Deposits and withdrawals are fast and do not incur fees. The casino is also quite easy to use. Read more about the casino’s details in the rest of our review.

Ignition Casino Key Facts


For a short & sweet overview of everything Ignition Casino offers, this section is your best friend.

Welcome Bonus Up to $3,000
Bonus Code No Ignition Casino promo code needed
Available Game Types Slots, blackjack, poker, baccarat, roulette, etc.
Live Games Yes
Available Sports Only virtual sports
Live Betting Yes
Payment Methods BTC, BCH, BSV, ETH, LTC, USDT, VISA, MasterCard
Minimum Deposit $20

Ignition Casino Bonuses & Promos


Ignition Casino offers several different types of bonuses. Some of them, like the Ignition Casino welcome bonus, can only be claimed by users who are new to the casino. Others are available to everyone. Let’s take a closer look at them.

Ignition Casino Welcome Bonus Offers

The total amount that you can get at Ignition Casino varies depending on your payment method, and let’s not forget Ignition is both credit card casino and crypto casino.

First, let’s take a look at the fiat option, worth up to $2,000.

This welcome bonus is divided into a casino bonus worth up to $1,000 that is credited immediately, and another $1,000 poker bonus that is unlocked by playing poker over the course of a month. Both of them match your first deposit 100%, starting at a $20 minimum.

The Ignition Casino welcome offer for crypto deposits is more generous. Your first deposit is matched 150% for up to $1,500 on each available bonus, for a total of $3,000.

For all of these, the wagering requirement is 25x, which is relatively low compared to the industry standard.

Ignition Casino join now prompt

Ignition Casino Shitcodes

The term “shitcode” refers to codes that a casino posts on various social media in a sort of hunt for their users. At the time of writing this Ignition Casino review, we weren’t able to find any special codes.

However, Ignition Casino does have an active X (formerly Twitter) account, where it hosts giveaways. Keep checking back there to see if they post any shitcodes. Who knows when you  might get lucky?

Existing Customer Promos

Ignition Casino offers several types of promotions for existing customers. One of them is a weekly boost, where you can get multiple offers on a weekly basis. Those include free spins, reload bonuses, tournament tickets and more.

To find out which reward you’re getting, you need to check your own Rewards Store. This is where you will also find all your Ignition Casino bonus codes that you can claim. You are not eligible for the boost if you haven’t made a deposit in 90 days or more.

You can also get a referral bonus worth 200% of your friend’s first deposit, up to $100. An extra $25 is added if your friend deposits using cryptocurrency.

Ignition Casino Loyalty Program

The loyalty program at this casino – or the Ignition Casino VIP program, if you prefer – is simply based upon your playing activity. The more you play, the more so-called “miles” you collect.

All miles are redeemable for real money. However, the system also calculates how many miles you’ve collected in total, called Lifetime Miles (LM), and the redemption rate is more in your favor as your Lifetime Miles increase.

For example, when you’ve just started playing, you will have to collect 2,500 Miles to get $1 in return. This decreases in increments of 250 LM until the highest-ranked players, with 2,500,000 LM only have to collect 1,000 Miles to exchange for $1.

Ignition Casino loyalty program

Additionally, the more you level up, the more perks you get. Chrome players (which is the second stage, right above your starting level, Steel) are eligible for $2,500 poker freeroll tournaments. Platinum players and above, with at least 500,000 LM, get birthday bonuses from the casino.

All in all, the loyalty program at Ignition Casino seems to pay off quite well.

Ignition Casino Bonus Promo Codes


Some casinos tie their promotions to bonus or promo codes. However, at the time of writing, we weren’t able to find a promotion that was redeemable using an Ignition Casino bonus code.

Still, you should always check your own Rewards Store, as the bonuses change often and depend upon your own activity levels.

Visit Ignition Casino

Ignition Casino No Deposit Bonus Codes

Unfortunately, Ignition Casino does not seem to offer any no deposit bonuses, with codes or without. This means that you will have to make a deposit before you can claim any of their current bonuses and promotions. In fact, if you don’t deposit long enough, you may be barred from claiming any additional bonuses.

What Games Can You Play at Ignition Casino?


Our Ignition Casino review found that this platform offers a very similar array of games as most of the other best crypto & bitcoin gambling sites this year. Let’s take a deeper look at the platform to see if they hold up.

Slots

Slots tend to form the very basis of any casino, online or not. Ignition Casino’s slots are found under the Casino tab at the top of the screen. You will find that the casino offers more than 400 slot titles – which is relatively low for any online casino.

Ignition Casino available slot games

Still, if you filter the games by Most Popular, you will find all the well-known titles here. You can also filter by game type, like three reels, five reels, progressives, or pays anywhere. This makes the chances of finding a game to your liking pretty high.

In other words, the number of Ignition Casino casino games, or at least slots, may be lower than what we’re used to, but it’s still good enough that most players will be able to find something for themselves here.

Roulette

Roulette is another casino must-have. However, it doesn’t seem as important to Ignition Casino as it may be at some other casinos. Still, this doesn’t mean there are no roulette games.

You will find a total of five when you click on the Casino tab, then the Table Games tab, and then filter to only show roulette games. Again, this is a relatively low number; but with both European and American roulette and two game options each, plus Dragon Roulette, you’re likely set if you’re looking for simplicity.

An extra five games (three American, two European roulette types) are available with live dealers.

Blackjack

Among Ignition Casino games, blackjack gets a whole separate tab – but also only eight games. If that’s too low for you, there are quite a few other best crypto blackjack casinos available this year.

If you agree that less is more, you will find that Ignition Casino offers an okay selection of blackjack types. You’ll find European, single deck, double deck, and classic blackjack, plus Perfect Pairs in this section.

Ignition Casino live dealer blackjack

However, the Blackjack Live Dealer is where it’s at. There are a total of 34 games, where you can either choose a table limit or pick a table based on a preset limit. Some of them don’t even have a limit on the number of players that can participate at any given moment.

Poker

This Ignition Casino casino review is actually saving the best for last by introducing you to poker at this casino relatively late in the game.

Ignition Casino is a heavily poker-focused casino, and is one of the best bitcoin poker sites on in the industry.. All their tournaments are based on poker, as are most of their ongoing promotions. The tournaments are available for both live poker and video poker.

The total number of poker games, however, is equally limited as the other games, with a total of seven titles. Still, the ongoing tournaments, the promotions and the prize pools more than make up for this. This makes Ignition Casino a poker player’s dream come true.

Live Dealer

Aside from the aforementioned blackjack and roulette live dealers, the casino also offers baccarat and Super 6 in their live dealer section.

Generally speaking, our Ignition Casino reviews found it had a low, but select offering of games.

Ignition Casino specialty games

Other Games

You can find games other than the aforementioned ones under the Specialty tab in the Casino, for example. Here, you’ll find bingo, scratch cards, Plinko, dice, and Rummy. Although, again, there aren’t that many games, the variety is actually pretty decent. You’re likely to find something to snag your attention.

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Ignition Casino Sports Betting


Ignition Casino does offer some form of sports betting, but only on virtual sports. This means you can’t count on real world sports events to be represented among Ignition Casino games.

However, if you miss sports betting but don’t want to choose one of the best bitcoin soccer betting sites this year, see if virtual sports betting scratches the itch.

Available Sports & Markets

Among the virtual sports on Ignition Casino, you will find soccer with national teams (with an extra category for the so-called England League, which seems to correspond to the English Premier League), basketball, horses, greyhounds, supercars, and camel racing, as well as color-color games.

You can also choose between scheduled games or push to play type games. Our Ignition Casino review found fewer game options in push to play (notably, there’s no basketball), but otherwise, they look quite similar. In this regard, it depends on your personal preference.

Ignition Casino Odds

When it comes to virtual sports, it’s hard to determine whether the odds offered are competitive or not. Most casinos will offer their own virtual sports, so they’re not necessarily mutually comparable.

Ignition Casino virtual sports

Another thing to note is that Ignition Casino uses American odds, also known as moneyline odds, and there doesn’t seem to be an option to change to any other odds format. There is no difference in payout compared to British (fractional) or European (decimal) odds – it’s just a quirk that takes some getting used to, but is as logical as the other variants.

What Software does Ignition Casino Use?


Our Ignition Casino review has already extensively covered the games, and therefore the number of games that the casino offers. The relatively low number of games also means a relatively low number of software providers behind those games.

This does not necessarily have to be considered a bad thing. In fact, this helps our quality assessments simply by reducing the number of providers.

In the case of Ignition Casino, the software providers they use include well-known names such as Rival, BGaming, and Spinomenal. These providers are held in high regard in the industry, which helps the image of Ignition Casino as well.

Ignition Casino Deposits & Withdrawals


Although Ignition Casino deposit options include both fiat and crypto, the casino makes no secret of the fact that it prefers crypto. We’ve already mentioned that crypto deposits get up to $1,000 more in their welcome bonus. There are also exclusive bonuses and promotions for crypto deposits on a weekly basis. However, if you prefer playing with fiat, check out our Fastest payout online casinos guide where you’ll find casinos with similar characteristics but for the fiat payment options.

Ignition Casino depositing options

When depositing, it only takes a few minutes before your funds show up in your Ignition Casino account.

Before withdrawing, all the deposited funds must be wagered. The casino does not charge withdrawal fees, but your wallet provider might. Also, you will need to generate a new wallet address for each withdrawal request, but that is very intuitive and takes seconds.

Accepted Methods Minimum Deposit Minimum Withdrawal Withdrawal Time
BTC, BCH, BSV, ETH, LTC, USDT, VISA, MasterCard $20 $20 Instantaneous

Ignition Casino Interface & User Experience


One of the most important things to note about Ignition Casino is that they don’t offer service quite anywhere in the world. At this moment, they’ve only rolled out to a select few countries. If you’re visiting from a country that’s not on their list, you will get geo-blocked.

If you’re looking for more widely available casinos, or you want to take your gambling with you, check out our list of the best VPN-friendly casinos that are currently available.

Other than that, our Ignition Casino review found it a decent and relatively intuitive casino. When signing up, you will be prompted to enter your full name, ZIP code, date of birth, and phone number. However, after that, it’s actually really easy to start playing.

Ignition Casino sign up prompt

If this is too much information for you to volunteer, there are alternatives: we have a list of the best anonymous betting sites you can check out.

Other than that, not only is it easy and quick to deposit and withdraw money, but there are step-by-step instructions if you’re using crypto. You can even learn how to use a crypto exchange if you’re completely new to the whole idea.

Sign up to Ignition Casino
You can access all your bonuses from the Rewards Store, and find the games and tournaments under their respective tab names.

Generally speaking, Ignition Casino is quite easy to use once you get the hang of it. Its light color scheme is easy on the eyes, even if it differs from the industry standard of dark, muted colors.

Help is also easily available with a Help Center at the bottom of every screen, a myriad of common questions already answered, and a way to contact a human being to guide you through any issues you may have. The website is only available in English, however.

Does Ignition Casino Have a Mobile App?


At the time of writing this Ignition Casino casino review, there was no dedicated mobile app. Still, if you have an account, you can just as easily sign in from your mobile phone’s browser. There don’t seem to be any indications that the team is working on a separate app for mobile devices, however, if you prefer playing in app, check our Best Casino Apps guide and choose the best mobile casino app for you.

Ignition Casino Security


Security is one of the most important aspects of any casino. Luckily, Ignition Casino is licensed by the Government of Curaçao, which means they are cleared to operate within certain jurisdictions and is one of the safest online casinos.

The license also means that they have gone through certain audits which proves, among other things, that the Random Number Generators (RNGs) that they use are truly random and therefore not rigged in anyone’s favor.

Ignition Casino poker

Moving on to the more basic security factors, it’s important to note that Ignition Casino’s website is using a Secure Socket Layer (SSL), marked by the “https” in the web address. This ensures that your private information is encrypted and not shared with anyone.

Ignition Casino Pros & Cons


Summing up our Ignition Casino review, here’s a list of the pros and cons we’ve recognized.

Pros pros

  • Special crypto-only bonuses
  • Great poker tournaments
  • Higher welcome bonus for crypto deposits
  • Decent range of live games
  • Intuitive, easy-to-understand interface
  • Extensive Help Center

Cons cons

  • Very limited availability
  • Relatively modest welcome bonus
  • Not many games

The Verdict


Ignition Casino is a relatively small and pretty exclusive casino compared to many of its competitors. Its welcome bonus is modest, but its ongoing crypto promotions can help make up for it. Its selection of games is also pretty limited, but many people may not need anything more than that. In short, it caters to a specific niche, which is quite respectable.

In conclusion, if you live in one of the supported countries, you like poker, and want to have a small, but dedicated space for your gambling enjoyment, be sure to check out Ignition Casino.

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FAQs

Is Ignition Casino legit?

Yes, Ignition Casino is a legit online casino that offers a decent amount of games and pays out instantaneously.

What games can you play at Ignition Casino?

At Ignition Casino, you can play slots, blackjack, roulette, poker, craps, and many more games.

What is the Ignition Casino welcome bonus?

Ignition Casino offers a welcome bonus of up to $2,000 for all newcomers, or even up to $3,000 for those who make their first deposit using a supported cryptocurrency.

The post Ignition Casino Review, Bonuses & Promo Codes 2024 appeared first on Cryptonews.

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17 Best Decentralized Crypto Wallets for 2024 https://cryptonews.com/guides/best-decentralized-crypto-wallets.htm Mon, 08 Jan 2024 11:39:00 +0000 https://cryptonews.com/?p=116288 Decentralized crypto wallets, otherwise referred to as non-custodial or self-custody – give users full control of their private keys. But which decentralized wallet is best? In this guide, we compare the best decentralized crypto wallets for smartphone and desktop users. We also cover decentralized hardware wallets, which may appeal to long-term investors. List of the […]

The post 17 Best Decentralized Crypto Wallets for 2024 appeared first on Cryptonews.

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Decentralized crypto wallets, otherwise referred to as non-custodial or self-custody – give users full control of their private keys.

But which decentralized wallet is best?

In this guide, we compare the best decentralized crypto wallets for smartphone and desktop users. We also cover decentralized hardware wallets, which may appeal to long-term investors.

List of the Best Decentralized Crypto Wallets


Here’s an overview of the best decentralized crypto wallets in 2024:

  1. Best WalletOverall best decentralized wallet. Access staking options, reduced trading fees and unique insights.
  2. Zengo – This decentralized wallet gives access to over 120 different cryptocurrencies, dApps and NFTs.
  3. Ellipal – Top cold wallet offers 100% offline transactions. First fully metal-seared hardware wallet.
  4. Ledger – Trusted cold wallet storage solution catering for all the best-known premium dApp offerings.
  5. Bybit – Custodial wallet featuring a wide selection of multi-chain offerings. One-click interface and proven security record.
  6. Binance – First class wallet security, offered by the largest cryptocurrency exchange in the world.
  7. OKX  This crypto wallet aggregates data from over 200 DeFi sources. Available on iOS and Android.
  8. Trezor Air gapped cryptocurrency wallet offers long-term cold storage solutions on the market.
  9. Blockstream Jade – Hardware wallet lets you trade BTC through offline QR codes. Costs only $64.99.
  10. Ngrave – One of the most secure decentralized wallets. Ngrave uses biometric and light sensors to verify transactions.
  11. Bitget – Popular non-custodial wallet offering dApps for DeFi, GameFi, and Social interactions.
  12. SecuX – Top cold wallet uses biometric technology and offers cross-platform compatibility. CC EAL 5+ secure chip.
  13. SafePal – Access 100% ownership of your assets without completing any KYC forms. Access 100+ blockchains
  14. Coinbase Wallet – Top crypto wallet backed by the Coinbase exchange. Acess thousands of cryptos and NFTs.
  15. Trust Wallet This crypto wallet is suitable for the decentralized web.  Supports BTC and 70 other network standards.
  16. MetaMaskPopular crypto wallet has over 30 million users. Available as mobile app and browser extension.
  17. Electrum – Decentralized desktop software compatible with Windows, Mac, and Linux. Available for Android users.

Best Decentralized Crypto Wallets: Full Reviews


In this section, we review the best decentralized crypto wallets for 2024.

This will enable users to select the best decentralized crypto wallet for their needs.

1. Best Wallet – Overall Best Decentralized Crypto Wallet with Exciting Added Features

Best Wallet is a brand new self-custody software wallet that is already our overall best crypto wallet and our best decentralized wallet.

It is not just a wallet to store and transfer tokens, however, with Best Wallet offering numerous unique and enhanced features that take it beyond rivals in the market.

Best Wallet mobile app

As a self-custody wallet, Best Wallet accounts can be created in under five minutes with only an active email address and four-digit passcode needed to get started.

As one of the best no KYC crypto exchanges users will not have to enter any KYC details – such as names, address, or their date of birth – and have the option to choose two-factor authentication and/or fingerprint ID for enhanced security.

Best Wallet has multi-chain functionality and also a built-in decentralized exchange which means users are able to purchase, trade, transfer and hold thousands of different tokens securely and anonymously.

It is its other features that see Best Wallet stick out ahead of the crowd, with its native token $BEST enabling a raft of unique utility that makes it a top pick.

Best Wallet market insights

$BEST tokens have not yet been launched but will enable token holders to earn staking rewards, get reduced trading/gas fees and earn early access into high-potential new crypto projects. Best Wallet will also soon have NFT functionality and will enable purchases, transfer, and storage of NFTs, as well as having a gallery to display collections.

Another top feature is its crypto news feed and unique insights and data into new and trending tokens and airdrops, which will allow users to stay ahead of the competition.

$BEST tokens will be launched in the coming weeks with early adopters of the platform to be rewarded with an airdrop – 10% of the max supply will be distributed to active users of the wallet.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Self-custody software wallet iOS and Android Thousands via built-in DEX Determined by third-party app, Wert Yes Decentralized, enhanced security, $BEST staking and airdrop, early access to new projects and NFTs, unique insights on new cryptos

Pros

  • Overall Best decentralized crypto wallet
  • Multi-chain functionality and DEX
  • Native $BEST token can be staked and opens other features
  • Quick sign-up with no KYC verification
  • Enhanced security
  • Early access to new projects and NFTs
  • Unique insights on new cryptos

Cons

  • Some features not yet live

2. Zengo – Feature-Rich Decentralized Crypto Wallet with Unique Recovery Method

The Zengo self-custody wallet does away with the industry-standard seed phrase used to back up and recover crypto wallets. This is replaced with three-factor authentication (3FA) that uses a 3D face scan, a recovery file, and an email address to recreate a wallet on a new device.

The wallet is secured by multi-party computation (MPC) cryptography, which is open sourced on their GitHub, where they maintain the world’s largest open-source MPC library, and hold multiple patents in consumer wallet security. Through their dedication to security, Zengo have annual software audits and, with over 1 million customers served since launching in 2018, they have never received a report of a hack.

Zengo Wallet Homepage

Zengo wallet is packed with features, which include:

  • Buy, sell, and trade 120+ cryptocurrencies in-app
  • Buy, sell, and trade NFTs on multiple blockchains
  • NFT gallery
  • 24/7 customer support
  • dApp marketplace
  • Secure dApp connections via WalletConnect

This is all available in the free version of Zengo wallet, however, those looking for extra security can sign up to the Pro version, for $69.99 a year. Features of the Pro version include a Legacy Transfer function, Theft Protection, Web3 Firewall, and Priority support; learn more on the Zengo website.

Finally, over 600 customers have rated Zengo on Trustpilot, where they have an aggregate rating of 4.2 stars.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Self-custody mobile wallet iOS and Android 120+ cryptocurrencies, including Bitcoin, Ethereum, Chainlink, and Polygon Determined by third-party provider Yes 24/7 support, buy, sell, and trade cryptocurrencies and NFTs in-app, dApp marketplace (with WalletConnect, no seed phrase (replaced with 3FA)

Pros

  • 120+ cryptocurrencies
  • Buy, sell, and trade cryptocurrencies and NFTs
  • High customer ratings on app stores and Trustpilot
  • Annual software audits
  • Over 1 million customers and no reports of a hack
  • 24/ customer support

Cons

  • No support for many Ethereum Layer 2s
  • Crypto prices are marked up compared to market prices

 

3. Ellipal – Air-Gapped Cold Wallet Offers Auto-Destruct Features

One of the top decentralized cryptocurrency wallets is offered by Ellipal. Its flagship product, Ellipal Titan 2.0 offers air-gapped storage for all your digital assets.

The Ellipal Titan 2.0 does not rely on Wifi devices to confirm transactions. Instead, the wallet allows customers to scan QR codes through the hardware device to confirm private transactions.

Ellipal wallet This particular cold wallet offers a dual-layer defense and has a CC EAL 5+ secure element chip. This ensures complete security of the crypto wallet. Notably, the Ellipal Titan 2.0 is the world’s first fully metal-seared hardware wallet.

It is anti-disassembly and anti-tamper proof. Thus, the wallet will self-destruct if it detects any unusual tampering activity. The Ellipal Titan 2.0 comes with a 4-inch full-lamination IPS display. It offers touch response to simplify transactions and only takes five minutes to set-up.

Users can buy, sell, and store more than 10,000 coins and tokens with the Ellipal Titan 2.0. All these features can be accessed for $169.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Non-custodial wallet iOS and Android 10,000 + coins Variable fee displayed when setting up the order Yes CC EAL 5+ secure chip, anti-disassembly and anti-tamper elements, 100% offline transactions.

 

Pros

  • Fully metal-seared hardware wallet
  • 100% offline transactions
  • Anti-tampering and anti-disassembly elements
  • Access 10,000+ cryptos
  • Offers a 4-inch IPS display

Cons

  • Priced at $169

4. Ledger – Secure Decentralized Wallet Offering Offline Storage and Self-Custody

Although not strictly a decentralized wallet, Ledger devices are considered ‘non-custodial hardware wallets’ or ‘cold hardware wallets’ as your private keys are stored offline meaning you have full control over your digital assets.

Ledger Live homepage

As a company, Ledger is a big supporter of the decentralized power of cryptocurrencies and they align their business goals seamlessly with the core principle of self-sovereignty. As an offline storage solution, the Ledger Live wallet places responsibility on the user to manage and store their private keys and recovery phrase. This means that your digital assets are not online until the wallet is connected making Ledger one of the most popular cold storage options.

Ledger supports over 1500 cryptocurrencies and also provides access to a range of DeFi and NFT apps including 1inch, Aave and Compound. Due to its simplicity and convenience, Ledger Live remains one of the most popular decentralized wallet solutions on the market today.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Non-custodial hardware wallet iOS, Android, and Windows 1500+ No additional fees Yes Buy crypto without connecting hardware device

 

Pros

  • Offline private key storage
  • Premium dApp offerings
  • Multiple crypto support
  • User friendly interface

Cons

  • Recent incidents have dented user confidence
  • Hardware drive prone to physical vulnerability

5. ByBit – Easy to Access User Friendly Wallet Offering a Wide Number of Multi-Chain Options

Whilst not strictly decentralized, ByBiT does offer a custodial ‘Web 3 Wallet’ which provides access to a range of decentralized applications. As a custodial wallet users do not have to manage private keys which to many may come as a relief. However, as with all custodial offerings, legally the assets held within do not actually belong to you.

Nevertheless, ByBit is a popular option for those seeking to explore a range of DeFi, NFTs and dApps. Furthermore, users of the ByBiT Web 3 Wallet can also access staking, IDOs (initial DEX offerings) and DEX swaps. Such a broad range of features make the ByBiT wallet a popular choice.

ByBit NFT landing page

Despite the convenience offered, users do not receive the complete control and security that come with fully decentralized wallets. Whilst appealing to those new to Web3, experienced users may prefer exploring alternative options.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Custodial wallet providing access to the decentralized web iOS, Android, and Windows 500+ Dependant on volume Yes Direct access to multi-chain decentralized web

Pros

  • Proven security track record
  • One click access to the decentralized web
  • Multi-chain interaction

Cons

  • Not strictly a decentralized wallet
  • Applications limited to the ByBiT eco-system

6. Binance – A Wide Variety of Crypto and dApps Alongside First Class Levels of Security

The largest crypto exchange on the planet, Binance also offers a self-custody decentralized wallet named ‘Binance Web3 Wallet’. Unlike other Binance wallets, this latest offering grants users full control of their private keys.

Binance Web3 wallet

By downloading the Binance Web3 Wallet users are able to access traditional Binance features such as storing, sending and receiving cryptocurrencies. However, you can also access a range of other activities such as staking, lending and borrowing. Furthermore, Binance Web3 Wallets users can also explore and interact with various decentralized apps (dApps) built on a variety of different blockchains.

As you would expect security is first class and by utilizing advanced technology, users do not have to worry about managing seed phrases. This ensures the wallet is super user friendly and an attractive option for those looking to explore decentralized finance whilst benefiting from the familiarity and security of the Binance platform.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Self custody decentralized wallet iOS, Android (via APK, Windows and Linux 400+ Higher than average Yes Enhanced swaps, 29 DEX and 15 bridges. 19+ dApps

Pros

  • User friendly and logical interface
  • Direct interaction through wallet
  • Wide variety of multi-chain dApps supported

Cons

  • Higher than average fees
  • Limited FIAT support
  • Not fully decentralized

7. OKX – Decentralized Wallet App With Aggregator Tool to Maximize Yields   

OKX is also one of the best decentralized crypto wallets to consider today. Backed by one of the world’s leading exchanges, OKX is compatible with iOS and Android devices. It is free to download and comes packed with features. At the forefront of this is its exchange aggregator tool.

In simple terms, OKX scrapes data from over 200 DeFi exchanges. This allows investors to find the highest APYs when earning interest via staking, yield farming, and crypto savings accounts. Best of all, there is no requirement to visit external DeFi exchanges.

OKX crypto wallet

Instead, the OKX aggregator tool allows users to complete their investments via the wallet interface. Moreover, the OKX wallet also supports in-built token swaps. Users will almost always secure the best exchange rates, considering the aggregator tool checks over 200 platforms.

In terms of fees, OKX adds a markup when swapping tokens or earning interest. While there is no fixed commission, fees are clearly displayed before confirming orders. Finally, OKX supports dozens of blockchain networks – including Ethereum, Binance Smart Chain, and Arbitrum. However, there is no support for Bitcoin.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Mobile app iOS and Android Supports dozens of blockchains, including Ethereum, Binance Smart Chain, and Arbitrum. No support for Bitcoin. Variable fee displayed when setting up the order. Yes Finds the highest APYs and best exchange rates in the market, supports an in-built NFT marketplace

Pros

  • Best decentralized crypto wallet app for iOS and Android
  • Aggregates APYs and exchange rates from over 200 DeFi platforms
  • Supports NFT storage and trading
  • Compatible with dozens of blockchains, covering some of the best emerging cryptocurrencies

Cons

  • Does not support Bitcoin
  • Not the most user-friendly wallet in the market

8. Trezor – Self-Custody Hardware Wallet Aimed at Long-Term Crypto Investors    

Trezor is one of the best decentralized crypto wallets for security. Retailing from $69, the Trezor device allows investors to keep their cryptocurrencies in cold storage. In simple terms, this means that Trezor is never connected to live servers.

As such, the cryptocurrencies stored are kept away from remote hackers at all times. That said, Trezor will not appeal to those that actively trade or move cryptocurrencies. This is because to transfer tokens out of Trezor, users need access to the device.

Trezor Safe 3

Only after entering the PIN on the Trezor device is the transaction authorized. Nonetheless, Trezor connects to its native app for iOS and Android. This allows users to view their cryptocurrency balances, with real-time valuations.

The Trezor app also allows users to buy cryptocurrencies with a debit/credit card and other fiat payment methods. However, watch out for fees, as fiat payments are processed by third parties. Finally, Trezor supports over 1,000 cryptocurrencies. This includes Bitcoin and some of the best utility tokens, such as Ethereum, Polygon, and XRP.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Hardware N/A Over 1,000 cryptocurrencies, including Bitcoin, Ethereum, Polygon, and XRP. Not directly supported. Users would need to connect Trezor to Metamask to access dApps, which isn’t recommended. Yes Secure hardware wallet keeps crypto in cold storage, transactions can only be authorized when confirming the PIN on the device

Pros

  • Best decentralized crypto wallet for cold storage
  • $69 for the entry-level device
  • Supports over 1,000 cryptocurrencies
  • Check portfolio values via the Trezor app

Cons

  • The high-end model costs $219
  • Does not directly support decentralized token swaps
  • Fiat payments are processed by third parties

9. Blockstream Jade – Powerful Hardware Wallet for Storing your Bitcoin

Blockstream is a global leader in Bitcoin technologies. Blockstream Jade is one of the top hardware wallets users can purchase for a decentralized trading experience.

Without connecting to the internet, Blockstream Jade allows investors to store Bitcoin. Other storable assets on Blockstream Jade include Bitcoin Liquid (L-BTC) and Tether Dollar (USD-T).

Blockstream Jade wallet

As mentioned, Blockstream Jade does not provide any USB or Bluetooth connection. Transactions are confirmed through offline QR codes that can be scanned through your device’s camera. This non-custodial wallet allows users to access their private keys, offering more autonomy.

However, users can manage all their digital assets online using a desktop or mobile device. This is possible by connecting to Blockstream Green, Blockstream’s compatible wallet application. The companion app protects all funds using Multisig Shield technology and provides users a recovery phase.

For further security, Blockstream Jade uses the Blind Oracle Mode, a virtual secure element that helps guarantee integrity when processing crypto assets. Blockstream Jade is available for the low cost of $64.99.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Non-custodial wallet iOS and Android, companion wallet app Bitcoin, Bitcoin Liquid, Tether Dollar Variable fee displayed when setting up the order Yes Scans transactions using offline QR codes, compatible with a wallet app, uses Multisig Shield technology

Pros 

  • Low-cost hardware wallet
  • Confirm transactions using offline QR codes
  • Compatible with a wallet app
  • Uses Multisig Shield technology
  • Offers a virtual secure element

Cons 

  • Limited number of cryptos

10. Ngrave – Cold Wallet Offers the Highest Level of Security 

The Ngrave ZERO is a completely air-gapped crypto wallet that allows users to store more than 3,700 digital assets. Through this decentralized wallet, users can access state-of-the-art security protocols.

Firstly, the Ngrave ZERO is EAL7 certified – which is the highest level of security in the blockchain and financial space.

ngrave zero hardware wallet

Furthermore, Ngrave uses a combination of offline QR scanning codes, llight sensors and fingerprint scanning to verify transactions. ZERO utilizes biometric sensors, adding an additional security layer when authenticating the transactions.

The combination of light and biometric technology is used to create an individual’s ‘Perfect Key’ to unlock and confirm transactions. Furthermore, random number generation is used to create the Perfect Key. This comes equipped with ZERO’s custom operating system, which was created by the platform’s security team.

The hardware device is indestructible and boasts anti-tampering protection against physical attacks. The ZERO device offers a 4” touchscreen display to manage several wallets. Transactions can be facilitated with a simple tap and a swipe. The ZERO wallet costs $398.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Non-custodial wallet LIQUID Mobile app 3,700+ cryptos Variable fee displayed when setting up the order Yes Uses biometric and light sensors, 4” touchscreen display, EAL7 certified

Pros 

  • Uses biometric and light sensors to generate your PIN
  • EAL7 certification
  • Completely offline transactions
  • Trade 3,700+ cryptos
  • Created a custom operating system

Cons 

  • Costs a hefty $398

11. Bitget – DeFi, GameFi and SocialFi dApps All Catered For Multi-Chain Non-Custodial Wallet

Describing itself as a ‘non-custodial multi-chain web3 wallet’ Bitget offers users complete autonomy over their digital assets. With an ethos that aligns with the core principles of DeFi, Bitget is a popular choice with experienced crypto users.

The Bitget wallet offers users a wide variety of innovative and handy features. With over 90 mainnets and 250,000 tokens supported, Bitget has one of the largest multi-chain offerings available today. Furthermore, users can discover, buy and sell NFTs with ease through an integrated NFT marketplace.

Bitget Wallet landing page

Bitget also boasts a vast eco-system of decentralized apps (dApps) across all sectors of the industry including DeFi, GameFi and SocialFi which are all accessible through the wallet interface. As you might expect security is a high priority and therefore features such as integrated risk alerts, transaction checkers and wallet compatibility ensure robust asset protection.

Overall, Bitget is a good choice.  However, it demands a high level of user responsibility and therefore appeals to those with a more advanced level of crypto experience.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Non-custodial, Web3, multi chain wallet iOS, Android, and Chrome 250,000+ 0.1% for maker and taker Yes Instant GAS swap, high number of crypto and mainnets, DESM encryption

Pros

  • Ease of use
  • Customer service
  • Good level of security

Cons

  • No mobile app
  • Tendency to be slow
  • Unresolved bugs

12. SecuX – Crypto Wallet Offers Advanced Biometric Recognition 

The SecuX Shield BIO is one of the other top decentralized cryptocurrency wallets to use in 2024. This wallet offers advanced biometric recognition and offers top-quality secure protocols. SecuX uses a military-grade security element, and the hardware is embedded with a certified CC EAL5+ chip. The usage of biometric security gives it heightened resistance against scammers.

SecuX wallet

The physical wallet is small and compact, shaped like a Credit card. Thus, it is portable and easy to use on the move. Users can connect the SecuX Shield BIO to the SecuX mobile app or desktop, providing a cross-platform experience for wallet holders. The wallet is compatible with iOS and Android. You can connect the wallet to other online crypto wallets, such as WalletConnect. Furthermore, investors can also trade NFTs with SecuX. In total, SecuX Shield BIO supports the buying and selling of more than 10,000 tokens. SecuX Shield BIO also implements a micro-scam alert, safeguarding the wallet against online hackers. Interested readers can purchase this wallet for $149.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Non-custodial wallet iOS and Android, SecuX mobile app 10,000 + coins Variable fee displayed when setting up the order Yes Used advanced biometric recognition, provides a cross-platform experience, supports NFT trading

Pros 

  • Uses advanced biometric technology
  • EAL5-certified military-grade security chip
  • Trade 10,000+ coins
  • Compatible with the SecuX mobile app
  • Trade NFTs

Cons 

  • Slightly hefty price

13. SafePal – Decentralized Wallet Gives Users Complete Ownership of Assets 

The SafePal S1 is one of the top cryptocurrency wallets to use in 2024. With the S1, users can retain 100% ownership of all their digital assets.

This crypto wallet uses a 100% air-gapped signing mechanism and conducts offline transactions using QR codes. The SafePal S1 gives you access to your private keys, created using a random number generator.

safepal s1 cold wallet

Notably, this top decentralized wallet lets you connect with over 100 blockchains, giving access to all the available cryptos across these networks. The physical wallet offers a 1.4” color screen and comes with a five-button keypad. SafePal S1 offers anti-tampering mechanisms and will self-destruct upon experiencing external threats.

Wallet holders can also connect with other DeFi (Decentralized Applications) and store NFTs through the SafePal S1. Notably, this decentralized wallet does not require you to complete a mandatory KYC (Know Your Customer) form. SafePal S1 retails for just $49.99.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Non-custodial wallet iOS and Android 100 + blockchains Variable fee displayed when setting up the order Yes Gives access to 100+ blockchains, comes with a 5-button keypad, random number generator to create private keys

Pros 

  • 100% ownership of all assets
  • No compulsory KYC forms
  • Random number generator used to create private keys
  • Access more than 100+ blockchains
  • Priced at just $49.99

Cons

  • No staking mechanism supported

14. Coinbase Wallet – User-Friendly DeFi Wallet for iOS and Android Devices   

Coinbase Wallet is a decentralized wallet app for iOS and Android. This wallet is completely separate from the main Coinbase exchange – which is centralized. As such, Coinbase Wallet users have full control of their cryptocurrencies and private keys.

The wallet is free to download and ideal for beginners exploring non-custodial storage for the first time. In fact, setting up the wallet takes seconds. Users simply need to choose a strong password and write down their backup passphrase.

Coinbase Wallet app

The Coinbase Wallet states that it supports hundreds of thousands of coins. This includes large-cap cryptocurrencies like Bitcoin, Tether, Dogecoin, Polygon, and Solana. Coinbase Wallet also supports the Ethereum and Binance Smart Chain networks.

As such, all ERC20 and BSC tokens are supported. Coinbase Wallet allows users to explore the decentralized web and connect to dApps like Uniswap and Compound. While in-built token swaps are not supported, this can be achieved by connecting to a dApp.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Mobile app iOS and Android Hundreds of thousands of cryptocurrencies across many blockchains. This includes Bitcoin, Ethereum, Binance Smart Chain, and Solana. Not directly supported. But users can swap tokens by connecting the wallet to a dApp like Uniswap. Yes Suitable for diversified cryptocurrency portfolios, one of the most user-friendly decentralized wallets

Pros

  • Best decentralized cryptocurrency wallet for beginners
  • Compatible with hundreds of thousands of cryptocurrencies and NFTs
  • Only users have access to their private keys

Cons

  • Does not directly support in-wallet token swaps
  • Staking is only available when connecting to a dApp
  • No browser extension

15. Trust Wallet – Popular DeFi Wallet With Over 60 Million Users  

With over 60 million users, Trust Wallet is one of the most popular cryptocurrency wallets in the market. Trust Wallet was purchased by Binance in 2018, but this is a decentralized wallet nonetheless. Only the user has access to their private keys which are displayed as a 12-word passphrase when setting the wallet up.

Trust Wallet is available as an app or browser extension. Supported operating systems include iOS, Android, and Chrome. The wallet is free to download and supports over 70 blockchains. According to Trust Wallet, this means that over 4.5 million digital assets are supported.

Trust Wallet mobile app

This includes some of the best cryptocurrencies to buy, such as Bitcoin, Ethereum, Solana, BNB, and Cardano. Core features include an in-built staking tool that supports multiple coins. This includes everything from Tezos, Tron, and Cosmos to BNB, Kava, and Algorand. Trust Wallet also supports in-wallet token swaps.

There are no fees charged when swapping tokens or using the Trust Wallet staking tool. However, more competitive exchange rates and APYs are often available elsewhere. Fortunately, Trust Wallet seamlessly connects to dApps such as UniSwap and SushiSwap.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Mobile app and browser extension iOS, Android, and Chrome 4.5 million cryptocurrencies and NFTs on 70+ blockchains No fees Yes In-built staking and token swaps

No fees other than when transferring funds

One-click access to decentralized apps

Pros

  • Used by over 60 million crypto investors
  • Compatible with over 4.5 million cryptocurrencies and NFTs
  • Easily access dApps like Uniswap and OpenSea
  • No fees when using the in-built staking tool

Cons

  • Uses MoonPay and Simplex for debit/credit card payments
  • No support for Firefox browsers

16. MetaMask – Popular Decentralized Wallet for Storing ERC-20 Tokens and NFTs

MetaMask is one of the best DeFi crypto wallets for storing Ethereum and other ERC-20 tokens. Used by over 30 million people, MetaMask is free to download. Users can choose from the mobile app for iOS and Android or a web browser extension. The latter includes Chrome, Edge, Brave, and Firefox.

MetaMask provides users with a 12-word backup passphrase when creating a wallet. Only the user has access to the passphrase, ensuring that MetaMask remains decentralized at all times. The wallet is secured by a password, which needs to be entered when opening it.

While MetaMask supports a range of other networks, by default, it only connects to Ethereum. Other networks can be added manually. This includes Polygon, Avalanche, Binance Smart Chain, and Arbitrum. However, there is a lack of support for many notable blockchains. In addition to Bitcoin, this includes some of the best altcoins – such as Cardano, Solana, and XRP.

Nonetheless, this popular XRP wallet comes with an in-built staking tool that connects to Rocket Pool and Lido. Currently, these staking pools offer APYs of 3.8% and 4.3% on Ethereum deposits, respectively. For more options, MetaMask can be connected to decentralized applications. This can be done within the wallet interface or externally.

MetaMask swap panel

MetaMask also offers an in-built token-swapping tool. This enables users to trade tokens without going through a centralized exchange. All supported network standards are compatible. However, once again, better rates are often available when connecting to dApps like UniSwap or PancakeSwap.

MetaMask has also partnered with various third parties to process debit/credit card and e-wallet payments. This includes Sardine, MoonPey, PayPal, and Transak. Users are redirected to a supported payment provider based on their location and required cryptocurrencies.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Mobile app and browser extension iOS, Android, Chrome, Firefox, Brave, and Edge All cryptocurrencies on the Ethereum, Polygon, Arbitrum, Binance Smart Chain, Optimism, and Avalanche networks 0.875% (built into the exchange rate) Yes Trusted by over 30 million crypto investors, available as an app or browser extension, user-friendly interface

Pros

  • Free decentralized wallet app and browser extension
  • One of the best decentralized crypto wallets for storing ERC20 tokens
  • Supports NFT storage
  • In-built staking and token swap tools

Cons

  • Charges 0.875% for token swaps
  • Only Ethereum is supported for staking
  • Is not compatible with Bitcoin, Solana, Cardano, and other leading cryptocurrencies

17. Electrum – Best Crypto DeFi Wallet for Storing Bitcoin on a Desktop Device   

Those looking to store Bitcoin on a laptop or PC might consider Electrum the best decentralized wallet. It’s compatible with Windows, Linux, and Mac and completely free to use. Electrum is one of the most established Bitcoin wallets, first launching in 2011.

While it comes with limited features, it’s packed with security tools. For example, Electrum enables users to keep their private keys in cold storage. This means the private keys remain offline until the user wants to make a transfer.

Electrum Bitcoin wallet

Another security tool offered by Electrum is multi-signature permissions. This requires users to authorize outgoing transfers across two or more wallets. Like most decentralized wallets, Electrum is protected by a password.

If this is forgotten or the device is lost, damaged, or stolen – the wallet can be recovered with the backup passphrase. Finally, Electrum also offers a mobile app for Android smartphones. Unfortunately for Apple users, there are no plans to release an iOS version.

Type of Decentralized Wallet Operating Systems Supported Cryptos Fee for Decentralized Crypto Trades Mobile App? Features
Desktop software and a mobile app Windows, Linux, Mac, and Android Bitcoin Not supported Yes – Android only Stores private keys in cold storage, multi-signature permissions

Pros

  • No-frill decentralized wallet for desktop devices
  • Also supports an Android app
  • Keep private keys in cold storage at all times
  • Completely free of charge

Cons

  • Only supports one cryptocurrency – Bitcoin
  • No trading features
  • Does not support interest yields

What is a Decentralized Wallet?

Decentralized wallets give users full control of their crypto investments. Unlike centralized wallets, only the user has access to their private keys.

In a nutshell, decentralized wallets allow users to store their cryptocurrency tokens safely. This is because users control their private keys.

This is in contrast to centralized wallets, which are often provided by cryptocurrency exchanges or brokers. This is because centralized wallets do not provide users with their private keys. This means users need to trust the centralized provider will keep their funds safe.

Importantly, when setting up a decentralized wallet, private keys are usually provided in a simplified form. This is often a 12-word passphrase that needs to be entered in the correct order. Nonetheless, the decentralized wallet provider will never have access to the private keys.

This means users are responsible for safeguarding their wallets. If the wallet is compromised or the private keys are misplaced – the provider cannot help recover the funds.

Benefits of Using a Decentralized Crypto Wallet

Some of the core benefits provided by decentralized wallets include sole custody of the private keys, access to dApps, and faster transaction times.

Still not sure if a decentralized wallet is the best option?

Here are some of the benefits of using a decentralized wallet for storing cryptocurrencies.

Full Control of Crypto Tokens

The main attraction of decentralized wallets is that users control their funds. This is because only the user has access to their private keys.

As such, only the user can authorize outgoing transactions. Moreover, entities – whether that’s the wallet provider or the government, cannot access the crypto funds.

This allows users to store wealth outside of the conventional financial system. In other words, users do not need to trust decentralized wallet providers as they do with centralized exchanges.

Faster Transactions

The best decentralized crypto wallets offer much faster transaction times when compared to centralized options.

This is because there is no requirement to have the transaction authorized by a third party.

  • For example, consider the process involved when storing crypto tokens on a centralized exchange
  • First, the user would need to request a withdrawal from the exchange
  • The user would need to wait for the exchange to approve the transfer
  • This could take minutes, hours, or days – this can vary widely depending on the centralized exchange
  • Once approved, only then will the crypto tokens be transferred to the recipient

In comparison, there is no third-party approval process with decentralized wallets. As such, the transaction will be executed on the blockchain as soon as it is verified by the wallet owner.

Store a Great Number of Tokens

When using a centralized wallet, the number of supported tokens will often be limited. This is because users can only store tokens that are supported by the exchange.

In comparison, the best DeFi wallets support thousands, sometimes millions, of cryptocurrencies.

Take Trust Wallet as a prime example. We found that Trust Wallet is compatible with over 70 blockchain networks and 4.5 million cryptocurrencies and NFTs. This enables investors to store all of their digital assets in one safe place.

Access Web 3.0 dApps 

The best decentralized crypto wallets provide seamless access to Web 3.0 dApps.

Browser for DApps list

Some of the most commonly supported dApps include:

  • UniSwap
  • SushiSwap
  • PancakeSwap
  • OpenSea
  • Compound
  • Yearn.finance

But there are hundreds more. Crucially, these dApps offer access to decentralized finance tools, such as token swaps, staking, yield farming, and dual investments.

Anonymity  

Another popular feature of decentralized crypto wallets is they offer complete anonymity. This means users can create a wallet without providing any personal information or contact details.

All users need to access their wallet is the respective password or private keys.

Centralized vs Decentralized Wallets

The responsibility of ‘custodianship’ is how DeFi and centralized wallets are differentiated. Centralized wallet providers are tasked with keeping the user’s cryptocurrencies safe. While DeFi wallets give users full control – meaning they are responsible for looking after their private keys.

DeFi and centralized wallets both enable users to store their cryptocurrency tokens. The key difference is in who takes responsibility for safeguarding the wallet’s private keys.

In the case of centralized wallets, private keys are secured by the provider. This is often a crypto exchange or broker. As such, users do not have access to their private keys. In turn, if the custodian is hacked or goes bankrupt (like FTX), the user’s crypto funds are at risk.

DeFi crypto wallets, on the other hand, give users full control of their funds and private keys. This means that there is no reliance on a third-party custodian. Users can send and receive funds at any time without needing approval from another person or entity.

However, there is nowhere to turn if the DeFi wallet is hacked or the user loses their private keys. Therefore, while DeFi wallets give users control of their wealth – appropriate security practices should be taken.

This means keeping the private keys offline at all times – preferably written down on a sheet of paper. In doing so, the user can recover their wallet if they forget their password or the device is lost or stolen.

Different Types of DeFi Wallets


Now that we have established the difference between centralized and DeFi wallets, we can explore the different types available.

Software Wallets

Most crypto investors opt for a software-based decentralized wallet. Software wallets are often referred to as ‘hot storage’. This is because the funds remain online at all times, increasing both convenience and risk.

Software wallets come in many forms, but mobile apps are particularly popular. Decentralized wallets like MetaMask and Trust Wallet both offer an app for iOS and Android. This enables users to secure their crypto funds with a PIN or fingerprint ID.

Mobile wallets are very convenient for actively managing crypto portfolios. At the click of a button, users can send, receive, and trade crypto right from their smartphones.

Software wallets also come as a browser extension. For example, MetaMask offers an extension for Chrome, Edge, Brave, and Firefox browsers. This enables users to access the crypto markets whenever they are on their laptops.

Some decentralized wallets come as desktop software, but this is less common. One of the most popular desktop wallets is Electrum, which safely stores Bitcoin on Windows, Mac, and Linux.

Hardware Wallets

Hardware wallets allow users to store their cryptocurrencies on a device. The private keys are held on the device and kept offline at all times.

To transfer crypto to another wallet, users must enter a PIN on the hardware device. This offers an ultra-secure way to store large amounts of crypto.

Equally, hardware wallets are far from convenient for active crypto traders. This is because making last-minute trades is cumbersome, considering access to the hardware device is needed.

The leading hardware wallet providers are Trezor and Ledger Nano. Both are decentralized, as neither provider has access to the device’s private keys.

However, do remember that users will need to provide some personal and financial information when buying a hardware wallet online.

Paper Wallets

Paper wallets also offer a decentralized way to store crypto tokens. As we mentioned earlier, BitAddress allows users to instantly create a Bitcoin wallet address and private keys.

Both are represented by a QR code, which the user can print onto a sheet of paper. As long as the paper is kept somewhere safe and private, the crypto funds remain unhackable.

How Secure Are Decentralized Crypto Wallets?


First and foremost, there is no requirement to trust a third party when using a decentralized wallet. After all, decentralized wallets merely provide a bridge between crypto transactions and the blockchain.

However, decentralized wallets will always be at risk from remote hacking attempts and theft. As such, users must ensure that they follow sensible security practices to keep their crypto funds safe.

For example, those using a mobile wallet should ensure that a suitable PIN is used. This should be in addition to a lock-screen password for the smartphone. If someone is able to bypass these security measures, they will have access to the wallet.

MetaMask crypto wallet data

This is also the case for desktop and browser extension wallets. Another way for hackers to access a decentralized wallet is through ‘links’. For example, a scammer might impersonate the wallet’s support team and send a link for the user to click.

Unwittingly, the link might install a virus or keylogger, enabling the scammer to access the wallet remotely. The safeguard here is to never click links from unknown sources – whether that’s on social media or emails.

The safest option is to keep the crypto wallet offline at all times. For example, consider installing the wallet on a cheap smartphone that is never connected to the internet. Similarly, users might also consider a paper wallet that is stored away from the risk of theft or damage,

Ultimately, decentralized wallets are safe, but users must also take responsibility too. Users also need to consider that increased convenience often leads to reduced security.

For example, while software wallets are convenient for actively trading and investing crypto, the private keys will always be vulnerable to hackers. As such, users should only keep small amounts of crypto in a software wallet.

How to Select the Best Decentralized Crypto Wallet?


Choosing a suitable wallet is a crucial part of the crypto investing process.

Therefore, this section highlights the most important factors to look for when choosing the best decentralized crypto wallet.

Security

Decentralized wallets provide users with their private keys, ensuring that wealth is built and maintained without third parties.

However, decentralized wallets are still vulnerable to hackers. As such, choosing the best decentralized wallet requires users to consider what security features are included.

For example:

  • Mobile wallets like Trust Wallet and MetaMask are secured by a PIN
  • Desktop and browser-based wallets are secured by a password
  • Hardware wallets are secured via cold storage. Plus, users need to enter a PIN on the device to transfer funds

In comparison, centralized wallets offer additional security features. This can include device whitelisting, two-factor authentication, and even insurance.

Supported Networks

The number and type of blockchain networks supported by decentralized wallets will vary wildly. For example, Trust Wallet supports over 70 networks. This includes Bitcoin, Solana, Cardano, Litecoin, and some of the best meme coins – like Dogecoin and Shiba Inu.

Cryptocurrencies list

In contrast, Electrum only supports one cryptocurrency – Bitcoin. Crucially, users should check which networks and cryptocurrencies are supported by choosing a decentralized wallet.

Device Type

Consider the most convenient and secure device type to store the decentralized crypto wallet. Options include desktop software, browser extensions, and mobile apps.

For offline storage, consider a hardware or paper wallet.

User-Friendliness

Another factor to consider is user-friendliness.

For instance, beginners should explore whether the chosen decentralized wallet is suitable for their skill set. Sending and receiving crypto should be simple, as should setting up and securing the wallet.

More experienced crypto investors might seek a crypto wallet with more advanced features. For example, Electrum offers multi-signature permissions. While this adds a great level of security to the wallet, this feature is not suitable for newbies.

Investment and Trading Features

The best decentralized wallets enable users to maximize their crypto investments. For example, OKX has an in-built aggregator tool that connects to over 200 dApps.

Trending crypto coins

Users can search for the crypto they currently hold in the OKX wallet and locate the highest APYs available. OKX also comes with an in-built token-swapping tool, not to mention a fully-fledged NFT marketplace.

In contrast, the likes of BitAddress and Electrum do not offer any such features.

Tutorial on How to Use a Decentralized Crypto Wallet


Below, we offer a step-by-step tutorial on how to set up an account and use our top decentralized wallet, Best Wallet, which should only take five minutes.

Step 1: Download Best Wallet App

First, find the Best Wallet app, which is available on mobile for Android and iOS in the App Store and the Play Store and download it.

A desktop browser extension is currently in development and will be released soon.

Best Wallet mobile app

Step 2: Create an Account

As a leading self-custody, decentralized wallet, all that’s needed to create an account is an active email address.

There is no KYC requirements to fill in, allowing for anonymous storage and transfers.

Step 3: Choose Security Settings

Next, choose the level of security you wish to attach to the account.

All accounts will require a four-digit passcode to be input and confirmed, while there is the option to add two-factor authentication and/or fingerprint ID.

Once that step is complete, an account will have been created, but users should head to the settings tab and note down their private key.

Step 4: Use Best Wallet

An account has now been created and users will be redirected to Best Wallet dashboard, where they will be able to purchase or store crypto an trade on the built-in DEX.

As outlined above, some features are not yet live at the time of writing but will be launched in the coming weeks and months.

Best Wallet main wallet

Conclusion


In summary, decentralized wallets offer many benefits for crypto investors. This includes having full control of the wallet’s private keys, enabling investors to become their own bank.

Decentralized wallets are also ideal for connecting to Web3 applications, as well as remaining anonymous. That said, do remember that decentralized wallets also invite risk. If the wallet is hacked or the user loses their private keys – the crypto funds will likely be unrecoverable.

Therefore, it is important to choose wisely when selecting a decentralized wallet, with Best Wallet our top pick and an excellent choice. The self-custody wallet allows for accounts to be created in less than five minutes with no KYC verification needed, with users able to securely store crypto and trade tokens via built-in DEX.

It stands out ahead of its rivals because it is more than just a crypto wallet – its native token $BEST can be staked to earn rewards and holding it also grants other benefits such as early access to new projects and NFTS and reduced fees, while the platform will also offer unique insights and data on trending tokens.

$BEST is not yet live but will be airdropped to active users of the wallet in the near future.

References

Best Decentralized Crypto Wallets FAQs

Which wallets are decentralized?

There are dozens of decentralized crypto wallets in the market – ranging from Best Wallet, MetaMask, and Trust Wallet to Electrum and OKX.

What is the safest decentralized crypto wallet?

The most secure decentralized wallets are hardware-based, with providers like Trezor and Ledger Nano leading the market, although users need to purchase physical devices which can be expensive.

Is Coinbase Wallet decentralized or centralized?

Yes, the Coinbase Wallet is a decentralized wallet that operates independently from the main Coinbase exchange.

Is Trust Wallet decentralized or centralized?

Yes, Trust Wallet is a decentralized wallet for iOS, Android, and Chrome browser extensions.

What fees do decentralized wallets charge?

Most decentralized wallets are free to use and maintain, with users only needing to cover gas fees when transferring funds.

How secure are decentralized crypto wallets?

While Decentralized wallets give users full control of their private keys away from centralized third parties, they are not immune to remote hacking attempts.   

The post 17 Best Decentralized Crypto Wallets for 2024 appeared first on Cryptonews.

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7 Best ERC20 Wallets in 2024 – The Complete List https://cryptonews.com/guides/best-erc20-wallets.htm Mon, 08 Jan 2024 08:07:00 +0000 https://cryptonews.com/?p=117101 Looking for the best ERC20 wallet but not sure where to start?  There are many considerations that need to be made, such as custodianship, fees, security, supported networks, and whether staking and swapping tools are available.  In this guide, we review the 7 best ERC20 wallets in 2024.  List of the Best ERC20 Wallets in […]

The post 7 Best ERC20 Wallets in 2024 – The Complete List appeared first on Cryptonews.

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ETH coin

Looking for the best ERC20 wallet but not sure where to start? 

There are many considerations that need to be made, such as custodianship, fees, security, supported networks, and whether staking and swapping tools are available. 

In this guide, we review the 7 best ERC20 wallets in 2024. 

List of the Best ERC20 Wallets in 2024

Listed below are the 7 best ERC20 wallets for investors:

  1. Best Wallet –  The overall best crypto wallet for storing ERC20 tokens, Best Wallet is a non-custodial wallet that offers decentralized storage and token trading through its built-in DEX. However, it is more than just a wallet and also offers staking, enhanced security and unique insights into trending cryptos and early access into new projects. By staking its native token, $BEST – which will be airdropped to active users – users also benefit from fee-free transactions.
  2. Zengo – A highly-rated ERC20 mobile wallet, that is available for both iOS and Android devices. Zengo supports a wide range of ERC20 tokens, including many of the most popular tokens on the Ethereum network. Zengo is a feature-rich wallet that allows for in-app cryptocurrency trading and purchases, offers support for NFTs on multiple blockchains (including Ethereum), and provides 24/7 customer support.
  3. Ledger – Considered one of the safest ERC20 wallets, Ledger offers cold storage via a small hardware device. There are three Ledger models to choose from, ranging from $79 to $279. All Ledger models keep private keys offline, so ERC20 token holders can HODL without fear of being hacked. 
  4. Trust Wallet – Compatible with all ERC20 tokens, alongside dozens of other cryptocurrency networks. ERC20 tokens can be added manually via the contract address if it isn’t pre-listed. Trust Wallet offers fee-free staking and token swaps. It also supports ERC20 dApps like Yearn.finance, UniSwap, and OpenSea. 
  5. MetaMask – Another non-custodial wallet that supports all ERC20 tokens. It’s free to use and available as an iOS and Android app. MetaMask also comes as a browser extension for Chrome, Brave, Firefox, and Edge. MetaMask has an in-wallet portfolio dashboard that supports staking and token swaps.  
  6. Coinbase Wallet – A decentralized wallet for iOS and Android users. It supports custom tokens on various networks, including Ethereum. As such, all ERC20 tokens are supported. There is no requirement to open an account with Coinbase to use its decentralized wallet. In fact, the Coinbase Wallet can be used anonymously. 
  7. Binance – Offers an ERC20 wallet and exchange under one roof. Users simply need to log into their accounts to move funds between the two. Over 350 cryptocurrencies are supported on Binance, including major ERC20 tokens. Binance also offers savings accounts and other DeFi products. 

Best ERC20 Wallets: Full Reviews

With an increasing number of ERC20 wallets in the market, knowing which option to go with can be difficult. 

To help clear the mist, we will now review the 7 best ERC20 wallets for 2024. 

1. Best Wallet – Overall Best Wallet for Storing and Managing ERC20 Tokens  

We rank Best Wallet as the overall best ERC20 wallet as it has a built-in decentralized exchange that supports trading for all 450,000+ ERC20 tokens plus those on other chains such as the Binance Smart Chain.

The decentralized, non-custodial, multi-chain wallet also has features that other wallets don’t have, making it more than just a destination to trade and store tokens.

Best Wallet mobile app

As well as the built-in DEX it has other DeFi features, made possible through holding native ERC20 token $BEST – which is launching soon. The token offers staking rewards and also entitles holders to get reduced fees when trading other tokens.

Best Wallet also features unique insights into trending crypto projects, airdrops and NFT collections and offers early access into new token ICOs and presales.

Moreover, we like that Best Wallet comes packed with security tools – this includes biometrics and multi-factor authentication

Best Wallet users can swap ERC20 tokens instantly without leaving the wallet. Users can also stake tokens to earn passive rewards. While Best Wallet also supports fiat payments, users should be aware that a 4% fee will apply. Nonetheless, payments are processed by a regulated entity, Wert – licensed in the US and EU.

Best DEX

Best Wallet also supports Bitcoin, Dash, Litecoin, Dogecoin, and many other leading cryptocurrencies. This is a decentralized wallet, so users can store, send, and receive ERC20 tokens anonymously. Only the user has access to their private keys, which gives full control of the cryptocurrencies stored. 

The wallet has only just launched and not all features are live at the time of writing. However, $BEST tokens will be airdropped to active users in the near future, with 10% of the max supply to be distributed.

Type of ERC20 Wallet Custodianship Supported Coins Fee to Buy ERC20 Tokens App? Staking/Interest? Staking/Interest Rate
Software Non-custodial All ERC20 tokens and cross-chain functionality.  Determined by third-party, WERT  Yes Yes, in-built staking tools and staking of $BEST TBC

Pros

  • Overall best ERC20 wallet for 2024
  • Compatible with all ERC20 tokens – even those unlisted 
  • Built-in DEX and multi-chain functionality 
  • Unique insights into new crypto projects, NFTs, airdrops
  • Early access to new tokens and reduced fees
  • $BEST token airdrop

Cons 

  • Not all features are live at the time of writing  

 

2. Zengo – Self-Custody Mobile Wallet with Support for Popular ERC20 Tokens

The Zengo mobile wallet is available for both iOS and Android devices, and boasts a rating of 4.78/5 on both the Apple App Store and Google Play Store, with ratings from thousands of customers—to whom it offers 247 support.

Users can buy, sell, and trade over 120+ cryptocurrencies, a list that includes some of the most popular ERC20 tokens in a variety of fields such as DeFi, metaverse, and Layer 2s. Supported tokens include UNI (Uniswap), BAT (Brave Browser), MANA (Decentraland), MATIC (Polygon), and AAVE (Aave). Users can also connect to dApps through the builtin dApp marketplace, which features WalletConnect connections for a smooth and easy dApp experience.

Zengo prides itself on security and, having been active since 2018 and served over 1 million customers, it is yet to have a reported hack.

Zengo Wallet User Ratings

Those looking for extra security for their ERC20 tokens should consider the Zengo Pro version, which features Legacy Transfer, Theft Protection, Web3 Firewall, and Priority Support (with responses typically within 5 minutes). This is priced at $9.99 per month or $69.99 per year, a 40%+ discount.

Over 600 customers have rated Zengo on Trustpilot, where it has a 4.2 star rating. Alongside the most popular ERC20 tokens, Zengo also supports Bitcoin, Dogecoin, Binance Smart Chain, and other top blockchains.

Type of ERC20 Wallet Custodianship Supported Coins Fee to Buy ERC20 Tokens App? Staking/Interest? Staking/Interest Rate
Mobile Wallet Self-Custody (Non-Custodial) Dozens of ER20 tokens across numerous industries Determined by third-party provider Yes Not available yet N/A

Pros

  • Support for numerous ERC20 tokens and other top blockchains
  • 24/7 customer support
  • Pro version with extra security
  • Buy, sell, and trade ERC20 tokens in-app
  • High customer rating in app stores and on Trustpilot
  • dApp marketplace for connecting to popular Ethereum dApps

Cons

  • Does not support most Ethereum Layer 2s
  • Does not support all ERC20 tokens

3. Ledger – Hardware Wallet for Storing ERC20 Tokens Offline   

Ledger is one of the best ERC20 wallets for security. Unlike the other providers discussed so far, this is a hardware wallet. It comes as a physical device that encrypts the private keys internally. The key safeguard is that Ledger is never connected to the internet. Instead, ERC20 transactions are broadcasted to the network via Bluetooth or a USB cable, depending on the model. 

All Ledger models require outgoing transactions to be authorized on the device. This requires the user to enter their PIN. If the PIN is forgotten, the wallet can be recovered with the backup passphrase. This is provided by Ledger when installing the wallet and should be kept on a sheet of paper. The backup passphrase is also required if the Ledger device is lost or stolen. 

Ledger hardware wallet

Although Ledger offers one of the safest ERC20 wallets in the market, it is far from convenient. This won’t be an issue for long-term investors, but those wishing to stake or swap ERC20 tokens will find the process cumbersome. The Ledger Nano S Plus is available to buy for $79. The most advanced model – Ledger Stax, retails for $279.    

Type of ERC20 Wallet Custodianship Supported Coins Fee to Buy ERC20 Tokens App? Staking/Interest? Staking/Interest Rate
Hardware wallet Non-custodial All ERC20 tokens. Also supports other blockchain networks, including Bitcoin, Binance Smart Chain, Tron, Neo, and Polygon.  Fiat payments are handled by Coinify, which charges up to 5%  Yes Yes, supports some of the best staking coins, including Ethereum, Solana, Cosmos, and Tron Not published

Pros

  • Leading cold storage wallet for long-term investors 
  • Never expose the private keys to the internet 
  • Supports the best altcoins, including all ERC20 tokens
  • Reasonable price tag of $79 for the entry-level model  

Cons 

  • Debit/credit card payments cost up to 5%
  • Not suitable for investors that trade frequently 

Visit Ledger 

4. Trust Wallet – Supports All ERC20 Tokens Plus 70 Other Blockchain Standards  

Trust Wallet is a non-custodial ERC20 wallet that is free and simple to use. It supports multiple devices, including browser extensions and smartphones. The latter includes an app for both iOS and Android. Trust Wallet is protected by a PIN and a 12-word passphrase. The passphrase is encrypted on the user’s device, and Trust Wallet cannot access it. 

As such, this is one of the best decentralized crypto wallets for storing ERC20 tokens. In fact, we like that Trust Wallet supports custom tokens. In a nutshell, this means any ERC20 token can be added. Moreover, Trust Wallet is integrated with CoinMarketCap. This means that if the ERC20 token is listed on CoinMarketCap, Trust Wallet displays its value in real-time.   

Trust Wallet

In addition to ERC20 tokens, Trust Wallet supports more than 70 other blockchains. This includes Bitcoin, XRP, Arbitrum, Litecoin, Cardano, and Binance Smart Chain. The Trust Wallet app comes with staking tools and allows users to instantly swap ERC20 tokens. These features are not available on the browser extension. 

Type of ERC20 Wallet Custodianship Supported Coins Fee to Buy ERC20 Tokens App? Staking/Interest? Staking/Interest Rate
Browser extension and mobile app Non-custodial 4.5 million cryptocurrencies and NFTs across 70 blockchain networks. All ERC20 tokens are supported.  Up to 5%, as transactions are processed by Simplex Yes Yes, supports in-app staking without fees.  Up to 19.7%

Pros

  • Best ERC20 wallet for iOS and Android users
  • Supports all ERC20 tokens 
  • Also compatible with 70 other blockchains – including Bitcoin
  • No fees to stake or swap ERC20 tokens within the app
  • Integrates with CoinMarketCap for real-time portfolio values 

Cons 

  • Simplex handles fiat payments – meaning a fee of up to 5%
  • The browser extension comes with limited functionality  

5. MetaMask – User-Friendly Browser Extension For Desktop Users   

MetaMask is one of the best ERC20 wallets for desktop users. Its browser extension is user-friendly and supports Chrome, Edge, Firefox, and Brave. It takes seconds to download and set up a new MetaMask wallet. Users simply need to choose a strong password and write down their 12-word backup passphrase. 

MetaMask comes pre-installed to support the Ethereum network only. This makes it ideal for storing ERC20 tokens in one safe place. If an ERC20 token isn’t initially recognized, users can manually add it via the contract address. MetaMask supports five other networks – Arbitrum, Binance Smart Chain, Optimism, Avalanche, and Polygon. 

MetaMask wallet app

These networks will need to be added manually, and all native tokens are supported. MetaMask supports staking within its wallet interface, but only for Ethereum. This feature is provided by Rocket Pool and Lido. Users can also swap ERC20 tokens on MetaMask. This attracts a 0.875% fee, built into the exchange rate. 

Type of ERC20 Wallet Custodianship Supported Coins Fee to Buy ERC20 Tokens App? Staking/Interest? Staking/Interest Rate
Browser extension and mobile app Non-custodial All ERC20 tokens. Also supports the Arbitrum, Binance Smart Chain, Optimism, Avalanche, and Polygon networks.  Between 3-5%, depending on the payment processor.  Yes Yes, only supports Ethereum  Up to 3.89%

Pros

  • Best ERC20 wallet for non-custodial storage
  • User-friendly browser extension for Chrome, Edge, Firefox, and Brave
  • Also offers a native mobile app for iOS and Android
  • Takes just seconds to set up  

Cons 

  • The only cryptocurrency that can be staked is Ethereum
  • Builds a 0.875% fee into token swap transactions
  • Does not support Bitcoin  

6. Coinbase Wallet – DeFi Wallet App Supporting Any ERCToken    

Coinbase Wallet is also one of the best ERC20 wallets in the market. Not only does Coinbase Wallet support any ERC20 token, but also Bitcoin, Solana, Optimism, Avalanche, and more. The wallet is free to download and is available as an app for Android and iOS. 

Coinbase Wallet is non-custodial, so only the user can access the private keys. These are stored on the user’s smartphone and come fully encrypted. It is important to remember that Coinbase cannot recover the private keys if they are misplaced. Nor can it help users recover stolen cryptocurrencies if the wallet is compromised. 

Coinbase Wallet app

The Coinbase Wallet app is secured by a PIN and biometrics. But there is no support for two-factor authentication or multi-sig permission. On the flip side, we like that Coinbase Wallet supports dApps. This includes OpenSea, PancakeSwap, ENS, SushiSwap, and Curve. The wallet also allows users to buy, sell, and trade NFTs. 

Type of ERC20 Wallet Custodianship Supported Coins Fee to Buy ERC20 Tokens App? Staking/Interest? Staking/Interest Rate
Mobile app Non-custodial All ERC20 tokens. Also supports other blockchain networks, including Bitcoin, Binance Smart Chain, and Solana. Fiat payments are not directly supported. This would need to go through the centralized Coinbase exchange – meaning high fees. Yes No, but connects to dApps that do support staking N/A

Pros

  • User-friendly wallet app offering non-custodial storage 
  • Is compatible with all ERC20 tokens 
  • Allows users to buy, sell, and trade NFTs
  • Connects to dApps on multiple networks  

Cons 

  • Does not have an in-built staking tool
  • Limited security features 
  • No browser extension or desktop software 

7. Binance – Popular ERC20 Wallet for Active Traders     

Active traders might consider Binance the best ERC20 wallet. This is a centralized wallet that connects to the Binance exchange – so users will not have access to their private keys. Instead, Binance is responsible for keeping client cryptocurrencies safe. The wallet is secured by two-factor authentication, which is required when logging in. 

Binance sends a separate code to the user’s cell phone and email, which offers an extra layer of security. By choosing the Binance wallet, users will have access to industry-leading commissions. This amounts to just 0.1% per slide – which is reduced when holding BNB tokens. The Binance exchange has over 350 pairs, including many ERC20 tokens. 

Binance exchange

Additional ERC20 tokens can be found on the Binance Innovation Zone, which also connects to its wallet. Binance is also a good option for earning yields on ERC20 tokens. This includes liquidity farming, savings accounts, and staking. Binance also allows users to trade leveraged crypto products. The Binance wallet is also compatible with its native app, but fewer features are offered. 

Type of ERC20 Wallet Custodianship Supported Coins Fee to Buy ERC20 Tokens App? Staking/Interest? Staking/Interest Rate
Web wallet and mobile app Custodial Supports 350+ cryptocurrencies, including many ERC20 tokens. Additional ERC20 tokens can be found on the Binance Innovation Zone.  Fiat payment fees vary depending on the country of residence. Standard commissions amount to 0.1%. Yes Yes, supports staking, savings accounts, and liquidity farming. Up to 19.8% when staking.

Up to 32% on savings accounts. 

Pros

  • Best wallet for ERC20 token trading
  • Some of the lowest trading fees in the industry 
  • Keeps the majority of client-owned cryptocurrencies in cold storage
  • Easily earn yields on ERC20 tokens via staking, savings accounts, and liquidity farming  

Cons 

  • Some DeFi products come with a lock-up of 120 days
  • Does not share private keys with users  

The Basics of ERC20 Wallets

After investing in an ERC20 project like Tether or Aave, the tokens need to be stored in a crypto wallet. ERC20 tokens can be stored in wallets that support the Ethereum network. Even if the specific token isn’t supported, some ERC20 wallets allow users to add them manually.  

ERC20 tokens need to be stored in cryptocurrency wallets that support the Ethereum network. As the world’s second-largest cryptocurrency by market capitalization, this means the number of ERC20 wallets in the market is extensive. Not only that, but there are many different types of ERC20 wallets to choose from. 

  • For example, while some ERC20 token holders prefer web-based wallets, others feel more comfortable with a hardware device. 
  • Some investors opt for a mobile wallet app for added convenience. 

Either way, ERC20 wallets come with a unique Ethereum address. This address will support all ERC20 tokens. That said, users should check whether custom tokens can be added to the ERC20 wallet. If not, then the user will only be able to deposit ERC20 tokens that are supported. Nonetheless, sending ERC20 tokens to a wallet address takes just 15 seconds on average

That said, wallet-to-wallet transactions require GAS fees. And when ending ERC20 tokens, GAS fees need to be paid in Ethereum

  • For example, suppose an investor wants to transfer Aave from their ERC20 wallet to an exchange. 
  • Irrespective of how many AAVE tokens are being sent, the user will need to cover the Ethereum GAS fee. 
  • This is determined by how busy the Ethereum blockchain is at the time of the transaction.  

ERC20 wallets come with a unique password – known as ‘private keys’. But not all ERC20 wallets share this information. This will depend on whether the user opts for a custodial or non-custodial wallet.  

Why Do I Need an ERC20 Wallet?

ERC20 wallets provide many different functions. Not only for storing and transferring ERC20 tokens but accessing DeFi products. 

Read on to discover why ERC20 investors need a suitable wallet to engage with the Ethereum ecosystem. 

Storage

Both short and long-term investors need a safe place to store their ERC20 tokens. This means keeping the tokens off unregulated crypto exchanges

The best ERC20 wallets offer various security tools to protect the tokens from hackers. For example, custodial wallets usually offer two-factor authentication via SMS and/or email. 

Cryptocurrency list

Non-custodial wallets give users control of their private keys, which are usually encrypted on the respective device. 

Wallet-to-Wallet Transfers

To send or receive ERC20 tokens, a wallet is needed. Users simply need to provide the Ethereum wallet address when sending ERC20 tokens. 

This will be unique to the wallet, but all ERC20 tokens will be sent to the same address. 

For example, suppose the user is given the following Ethereum address by their chosen wallet:

0xde0B295669a9FD93d5F28D9Ec85E40f4cb697BAe

In this instance, all incoming ERC20 tokens will be sent to this address. 

Ethereum DeFi Ecosystem

The Ethereum blockchain is the go-to network for DeFi platforms. Some of the most popular include UniSwap, Curve, SushiSwap, DODO, OpenSea, and Kine Protocol. 

The best ERC20 wallets allow users to connect to DeFi platforms directly. This means users can swap tokens, earn staking rewards, and even borrow funds without leaving the wallet interface. 

Fiat Payments

Some ERC20 wallets allow users to buy cryptocurrencies with fiat money. This removes the need to use an external exchange. 

Users should, however, keep an eye on fees. 

Best ERC20 Wallets: Our Ranking Criteria 

While security is a crucial factor when choosing the best ERC20 wallet, other metrics also need to be considered. This includes usability, fees, customer service, supported networks, and core features. 

When compiling our list of the best ERC20 wallets, we focused on the following factors:

  • Custodianship: First, ERC20 token holders should explore the custodianship of a wallet. This determines whether or not the user has access to their private keys. If so, this is a non-custodial wallet. If not, the wallet is custodial.   
  • Fees: The best ERC20 wallets do not charge fees for storing tokens. Nor should there be any extra fees for sending transactions. Instead, this should replicate the blockchain GAS fee. Just remember, while software wallets are free to use, hardware wallets need to be purchased.
  • Wallet Type: Beginners are best suited for mobile or web-browser wallets, for the convenience on offer. That said, some ERC20 token holders prefer desktop or hardware wallets, depending on their requirements. We covered a broad range of wallet types to suit all needs. 
  • Supported Coins: Be sure to choose a wallet that supports all ERC20 tokens. The wallet should have a feature that allows users to add a custom token manually. If it doesn’t, the wallet will only support a limited number of ERC20 tokens. Leading ERC20 wallets also support Bitcoin, XRP, Solana, and the best Arbitrum network tokens.    
  • Security: The primary purpose of an ERC20 wallet is to keep investments safe. This means that the chosen ERC20 wallet should have suitable security features. For example, Best Wallet comes with biometric security. 

Overall, the best wallets for ERC20 tokens cover a good blend of security and convenience, plus support for a wide range of ERC20 tokens and features. 

How do ERC20 Wallets Work? The Basics

ERC20 wallets come with various fundamentals that should be learned before proceeding. First, investors will be provided with a unique ERC20 wallet address. Not only does this enable them to receive Ethereum, but all ERC20 tokens. This is because ERC20 tokens operate on top of the Ethereum framework. As such, Ethereum and ERC20 tokens use the same wallet standard. 

That said, it is important to assess whether the chosen wallet accepts custom ERC20 tokens. If it does, then users can add an ERC20 token to their wallet even if it isn’t listed on an exchange. All the user needs to do is paste the contract address into the wallet. Thereon, any incoming ERC20 tokens transactions will be reflected in the wallet address. 

eToro Money crypto wallet

When sending ERC20 tokens to another wallet, the user will need the correct address. If any mistakes are made, the transaction will be sent to a dead wallet address. In other words, the ERC20 tokens will be unrecoverable. Do remember that sending ERC20 tokens requires GAS fees. And as noted earlier, GAS fees must be paid in ETH and not the ERC20 token being sent. 

For example, if an investor wants to transfer Dai, they must have enough ETH in their ERC20 wallet to cover transaction fees. This is quoted by the Ethereum network and will vary depending on demand. Currently, ERC20 token transfers cost $1.73 or about 0.0010 ETH. This is considered competitive, as ERC20 GAS fees will often exceed $10.      

ERC20 token holders should also be aware of how private keys work. After all, if opting for a non-custodial wallet, private keys are the responsibility of the user. All of the non-custodial wallets discussed today convert private keys to a 12 or 24-word passphrase. This makes it easier to write down and recover the ERC20 wallet if needed. 

Different Types of ERC20 Wallets

We have now covered the basics of how ERC20 wallets work. Next, let’s explore the most common types of ERC20 wallets, including hardware, software, and paper. 

ERC20 Software Wallets

Most ERC20 token holders will opt for a software wallet. Especially those that actively buy, sell, and trade ERC20 tokens. 

Options include a mobile wallet, which comes as an app for iOS or Android. This is the most convenient option, as users can send and receive ERC20 tokens anywhere, at any time. Moreover, mobile wallets are protected by screen locks, biometrics, and a backup passphrase.

Desktop and browser-based wallets are also popular. These options are suitable for ERC20 token holders that prefer transacting on a laptop or PC. In some cases, desktop wallets come with two-factor authentication, requiring users to verify access via an SMS code.  

ERC20 Hardware Wallets

ERC20 hardware wallets will appeal to two types of investors. First, those with a large value of ERC20 tokens in their portfolio. Or those that want to hold their ERC20 tokens long-term. 

This is because hardware wallets come with unprecedented security controls. For instance, a PIN needs to be entered on the device when authorizing transactions. What’s more, the hardware device remains in cold storage, as it’s never connected to the internet. 

ERC20 Paper Wallets

An alternative option is to use an ERC20 paper wallet. 

  • The user will first need to create an ERC20 wallet address.
  • This can be done from most software wallets, such as Trust Wallet.
  • The user will then transfer the ERC20 tokens to the newly generated wallet address. 
  • Next, they will print the wallet address and the private keys onto a sheet of paper. 
  • Then, the paper is kept somewhere safe, and thus – the private keys remain in cold storage at all times. 

While this makes it challenging to actively send and receive funds, paper wallets are one of the safest and most cost-effective ways to store ERC20 tokens. 

How Safe Are ERC20 Wallets?

The safety of an ERC20 wallet depends on various factors, for example:

  • Whether the wallet is non-custodial or custodial
  • Whether it’s a hot or cold wallet
  • The specific security features provided by the wallet

Let’s break the above list down into more detail – starting with custodianship. 

Custodial wallets are responsible for keeping the user’s ERC20 tokens safe. While they don’t share the user’s private keys, the best custodial wallets offer a range of security controls. 

The security of a non-custodial wallet will depend on whether the user opts for hot or cold storage.

  • Cold storage, available as a hardware or paper wallet, keeps the private keys offline at all times. This removes the threat of the wallet being hacked remotely. 
  • Hot storage keeps the ERC20 tokens online at all times, which offers added convenience. Most non-custodial hot wallets are secured with a PIN, password, or biometrics. But two-factor authentication is not an option, as non-custodial wallets are decentralized. 

Ultimately, ERC20 token holders should do their due diligence on the security of a wallet before proceeding. 

How to Set up an ERC20 Wallet?

Setting up an ERC20 wallet is relatively straightforward. Beginners can follow the step-by-step walkthrough below to get started with Best Wallet

Step 1: Download Best Wallet

Best Wallet is currently available as a mobile app with a desktop browser currently in development.

It can be found in the App Store or Play Store on Android/iOS and can be downloaded for free. 

Best Wallet crypto app

Step 2: Create Account

Users only need to input an active email address to create an account, as Best Wallet is decentralized and non-custodial and there is no KYC process to complete.

Next, users decide what security settings to add – a four-digit passcode is the minimum but there is the option to add two-factor authentication and/or fingerprint ID. This can also be added/removed later.

Step 3: Transfer or Buy ERC20 Tokens

A Best Wallet account has now been created and users will be redirected to the dashboard, where they can either purchase ERC20 tokens via third-party WERT or trade thousands of other tokens on the built-in DEX.

Best Wallet main wallet

The Verdict

After reviewing the top ERC20 wallets for 2024, we found that Best Wallet is our top option. 

This decentralized, non-custodial wallet has just launched as a free mobile app and gives users full control over managing their crypto holdings.

We also like that Best Wallet has numerous other features that make it more than just a wallet, including unique insights on tokens, early access to new projects and reduced fees while trading.

That is make possible by the $BEST token, which has not yet launched but will be airdropped to active users of the wallet in the near future.

 

References

FAQs

What is an example of an ERC20 wallet?

ERC20 wallets support tokens on the Ethereum standard, and examples include Best Wallet, MetaMask, and Trust Wallet. 

Where can I get an ERC20 wallet?

Dozens of ERC20 wallets can be downloaded for free as an app or browser extension, with leading examples including Best Wallet, Exodus, and MetaMask.

How do I know if I have an ERC20 wallet?

If the wallet is on the Ethereum blockchain and the receiving address starts with an ‘0x’, then it supports ERC20 tokens. 

What is the best ERC20 wallet?

Overall, we like Best Wallet, which not only offers non-custodial storage for any ERC20 token, but also Bitcoin, XRP, Solana, and other major cryptocurrencies. It also has other unique features which make it more than just a non-custodial wallet.

 

The post 7 Best ERC20 Wallets in 2024 – The Complete List appeared first on Cryptonews.

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Understanding the Role of Bookmakers in Sports Betting https://cryptonews.com/guides/what-is-a-bookmaker.htm Mon, 08 Jan 2024 02:09:29 +0000 https://cryptonews.com/?post_type=guides&p=148229.htm The sports betting industry is far more complex than many people realize. While you may think you can simply put cash down on your favorite horse in the race, much more goes on behind the scenes, which brings us to bookmaking. What is a bookmaker, what do they do, and how do they affect the […]

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The sports betting industry is far more complex than many people realize. While you may think you can simply put cash down on your favorite horse in the race, much more goes on behind the scenes, which brings us to bookmaking.

What is a bookmaker, what do they do, and how do they affect the outcome of your bet?

Bookmakers act similarly to casinos but for the sports betting world. The bookmaker can create odds for different matches, accept player bets, and pay out funds to winners after the game. Bookies, for short, essentially maintain everything revolving around sports betting wagering to ensure that balances remain even for winners and losers.

If this sounds confusing, don’t worry. We’ll cover everything you need to know below, like how they profit and determine the odds.

What Do Bookmakers Actually Do?


Back in the day, people bet on sports by simply betting with each other. It was a simpler time. In the 20th and 21st centuries, though, the United States strictly prohibited sports betting aside from in Nevada because of Las Vegas, of course.

Because of this, a black market for sports betting emerged over time, creating the need for someone to facilitate the market. Those “someones” became bookmakers.

Some bookies developed large-scale networks of organized crime, while others simply accepted a few wagers from friends and family members. Over time, the sports betting industry grew so large that the Supreme Court had no option but to lift the Professional and Amateur Sports Protection Act by 2018, allowing individual states to determine whether or not they permit gambling.

Fast forward to today, and the global sports betting market is worth $3 trillion, over 30 U.S. states have legalized sports betting, and bookmakers are still facilitating this roaring market.

So, what does a bookie do?


Bookmakers open betting markets on different sporting events and then set odds based on potential outcomes that could occur. Next, they facilitate wagering by accepting bets and paying out winners.

Because of the modern digital era, most bookmakers exist online now to provide bettors with easy virtual betting platforms. Bookmakers often offer betting on exciting events beyond the world of sports, like political outcomes, Oscar winners, half-time performances, and more.

How Bookmakers Set Odds


We know what you’re wondering: How does a bookie work? Bookmakers want to make money just like everyone else, so they need to ensure that the odds are in their favor. To do so, they often employ professional statisticians or use complex equations to determine the odds of winning any given sporting event.

While these statisticians can use advanced software to inform their decisions, they still must be extremely knowledgeable in mathematics. Such teams are responsible for setting odds and lines that affect not only player outcomes but whether or not the bookmaker will profit.

To explain odds in the most simple terms, bookmakers assign probabilities to all possible outcomes, with the total adding up to 100%. For example, in a football game, the two possible outcomes of the game could be a 35% chance of Team A winning and a 65% chance of Team B winning.

Understanding Odds and Their Calculation

To calculate odds, bookmakers and their teams usually underscore whichever team they believe may win the event. In general, higher odds suggest a lower likelihood that that team will win, meaning you could receive a higher payout for betting on the underdog team.

Bookmakers have access to rich databases filled with sports data to help them inform their calculations. As the event comes closer, they can adjust their spreads based on the bets they receive.

You’ll find that odds for the same sporting events are usually about the same across bookmaker websites. This typically occurs because bookmakers follow the same formulas for calculating their odds.

It might seem strange when you notice that odds can change within the minutes leading up to the game, so let’s discuss the different factors that can influence these calculations at any given time.

Factors Influencing Odds Setting

Bookmakers don’t just look at raw data when setting odds and spreads. Many factors affect how humans perform during sporting events, so bookies consider all of these factors when setting odds.

First off, bookmakers look at the team’s recent performance and historical data to determine whether or not they’re favored to win. Then, they look more closely at individual players and how they may match up against each other during the game. If they discover sudden injuries or suspensions, this can greatly sway the odds of one team winning versus the other.

Bookmakers also consider which team has the home-court advantage and how well the weather will favor them in this location. Statisticians can also look at which team the general public typically favors when they play head-to-head.

As game day approaches, bookmakers keep their eyes on market fluctuations and adjust the odds accordingly. During the game, bookmakers offer in-play bets, with the odds updating in real time. This fast-action movement typically reflects the bettor market rather than all the factors we just went over.

Profit Margin

Now that we’ve answered, “What is a bookmaker in gambling?” let’s go over how they make money. Bookmakers charge fees on all the bets they accept to ensure that they can take home commissions. The fee, also known as the vigorish (or vig), allows bookies to have higher incoming profits than outgoing payments for bets they owe to winners.

To achieve a successful profit margin, bookmakers have to adjust the odds in a way that balances the amount of people betting on losses versus wins. This calculation, on top of the vig, allows them to capitalize and turn a profit.

Most bookmakers take home around 10% in their profit margins. For big games, like the Super Bowl, though, bookmakers may charge higher fees of around 20% or more.

The Vigorish (Vig) Explained


To truly understand how bookies make their money, let’s look at a detailed example of the vig, which many refer to as the bookmaker’s juice. The main reason many struggle to make big earnings in sports betting is because of this overlooked premium that all players must pay.

Let’s say you’re betting on a hockey match between teams A and B. For the sake of this example, we’ll say the teams have perfectly even odds of winning. Team A and B’s odds would be 50/50, 2.00, or +100, depending on which model you prefer to follow.

While these odds seem fair, the actual odds that the bookmakers set won’t appear nearly as forgiving. Rather than seeing 2.00 decimal odds for each team, you’d likely see something around 1.91 for both Teams A and B. So if you wagered $10 on Team A, for example, you’d stand to win $9.10.

Now, let’s say Team A does win. Anyone who bet on Team B will lose their $10 while you get to celebrate your $19.10 earnings (including your $9.10 initial stake and a $10 payout from the loser). The bookmaker, on the other hand, would profit $0.90 even though they wagered the same amount on two outcomes with equal odds.

Essentially, the bookmaker came out ahead because they built in a profit margin. This profit margin causes the bettor to receive smaller payouts and skewed betting lines.

The above example displays how the vig works on even odds. In reality, bookmakers must also calculate odds to keep their books balanced for fair payouts while also maintaining their profit margins, so you can see why being an expert mathematician is key here.

Risks in Bookmaking


Bookmaking may not be the risky business it was in the 20th century, but it’s still nowhere near risk-free. From losing profits to ending up with a lawsuit, bookmakers face a field of risks. While being a mathematician could help you mitigate some risks associated with odds and profit margins, statistics don’t even touch the tip of the iceberg.

One major concern that bookmakers face is fraud. For example, in 2022, Betfred faced $3.5 million in fines for accepting tens of millions of pounds from gamblers without performing the required safety checks to prevent money laundering.

Beyond fraud, digital bookmakers (which dominate the industry) must battle cybersecurity concerns. Even the most minor data breaches or hacking incidents can quickly crumble an entire institution, requiring bookmakers to pay millions back to bettors. Cybersecurity attacks can ruin bookmakers’ reputations while threatening their finances.

The most obvious risk bookmakers face, though, is insufficient liquidity. If the house doesn’t have enough funds to pay winners, the whole process collapses.

The best way bookmakers can mitigate all of these risks is by investing in the proper tools. For example, cybersecurity insurance and fraud protection can prevent some financial issues, while advanced statisticians can ensure that bookmakers always have enough liquid cash to prevent collapses.

Adjusting Odds Based on Betting Patterns

Bookmakers must stay flexible if they want to reduce their risks. All bookies adjust odds based on real-time patterns to ensure the best possible outcomes. For example, if a lot of people are betting on the favored team during the few minutes leading up to the game, bookmakers may increase the odds on the underdog.

Bookmakers know how to locate and analyze many patterns, from bettor preferences and player behaviors to favorable market conditions. They use these patterns to develop odds that ensure their profits.

Different Types of Bets and Their Profitability


Sports betting involves seemingly endless types of betting, all the way down to what color a team may wear. Some of these bets are riskier than others, making some more profitable for bookmakers.

Bookmakers make it seem that betting on complex wagers will increase your odds of winning. Of course, this is simply a marketing tactic to increase their odds of profiting.

A single-win bet, the most straightforward of all, is typically the least risky and the least profitable for bookmakers. On the other hand, complex bets involving multiple layers have increased risks and, therefore, are more profitable for bookmakers. For example, bets like doubles, trebles, or accumulators require risky, layered bet slips that typically allow bookmakers to profit more.

Some sports also provide higher ROIs, on average, than others. According to data from Sports Betting Dime, the sports leagues with the highest ROIs for betting on the moneyline, against the spread, or under/over include college football and basketball, the NFL, the NBA, the NHL, and MLB.

Spread Betting and Its Impact on Bookmaker Earnings


We’ve mentioned spreads, but what are these, and how do they affect payouts? Spread betting is the most popular type of sports betting, as it levels the playing field between the teams.

Rather than simply betting on which team will win or lose, as you would in a moneyline, a spread positions one team as the favorite and one as the underdog, defining a line between the two. This line subtracts points from the favorite’s total to provide more balanced betting.

For example, if Team A is favored to win by -8 against Team B, that means Team A will need to score at least eight more points than Team B for them to “win.” If you bet on Team A, and they score exactly 8 points above Team B, you will get your bet back and no more, but if they score more than 8 points, you will win your bet.

Spreads improve the profitability for underdog bettors and bookmakers because they provide improved odds for anyone betting on the underdog. In the example above, the underdog doesn’t even need to win the game for underdog bettors to win; they simply need to lose by fewer than eight points.

Challenges in Bookmaking


All of the challenges in bookmaking revolve around the risks of the job. You must have a lot of knowledge of the sports markets you’re betting in while having a deep understanding of mathematics, statistics, finances, and more.

At the same time, all the knowledge in the world still cannot prepare you for the unforeseen outcomes of sporting events, so you must have enough liquid cash and profit margin prepared for errors.

How Bookmakers Leverage Bettor Psychology


Bookmakers often leverage bettor psychology by taking advantage of gambling addictions, losses, superstitions, and biases. For example, many bookies provide additional bets you can add to your wager upon losing your initial one. From an outside perspective, this may not seem like a smart financial decision, but bookmakers present the option as an opportunity to recoup your losses.

From providing promotions for depositing more money to adjusting odds based on bettor habits, bookmakers know how to encourage players to increase their comfort in risk-taking.

Legal and Regulatory Aspects


As of 2024, sports betting is legal in 37 states. Despite more states legalizing gambling each year, bookmakers still face legality concerns. Legislation changes frequently, so bookmakers have to keep up with all of the certification requirements, tax laws, regulations, and more to ensure that they’re operating legally.

To stay compliant, sports betting websites must follow KYC (know your customer) and anti-money laundering frameworks while acquiring consent from players. Beyond this, many websites use security features like SSL encryption to prevent data breaches.

Final Thoughts


So, what is a bookmaker in betting? Bookies facilitate sports betting by adjusting odds for balanced outcomes, collecting wagers, and paying out winnings. As with everything in the gambling industry, the carefully calculated job comes with high risks – but also, potentially, high rewards.

FAQs

What Is the Role of a Bookmaker?

The role of a bookmaker, or bookie, is to facilitate fair sports betting. Bookies adjust odds to ensure that an even number of wagers win and lose for balanced funds. On a day-to-day basis, bookmakers are in charge of accepting or placing bets and then paying out winnings, similar to traditional casinos.

How Does a Bookmaker Make Money?

Bookmakers make their money by charging fees on top of wagers, also known as the vigorish (vig). Bookmakers can capitalize on multiple wager fees like the vig to take home commissions of around 10% to 20%. Bookies can usually cash out their percentages at the end of the week.

Why Is Bookmaking Illegal?

Bookmaking is only illegal if the bookie facilitates betting in a state that prohibits gambling. Gambling laws are determined by the state, so bookmakers can only operate legally in certain areas, even if they are providing their services online. As of 2024, sports betting is legal in 37 states.

REFERENCES:

The post Understanding the Role of Bookmakers in Sports Betting appeared first on Cryptonews.

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Is Sports Betting Legal in the U.S.? All 50 States Covered https://cryptonews.com/guides/is-sports-betting-legal-in-the-us.htm Fri, 05 Jan 2024 19:45:14 +0000 https://cryptonews.com/?post_type=guides&p=148037.htm Sports betting can be a real blast, but it may surprise you to learn that it’s not legal in all 50 U.S. states. Before you fire up a wagering app, you’ll need to know whether you’re in one of the legal sports betting states. Wondering whether you live in one of the states where online […]

The post Is Sports Betting Legal in the U.S.? All 50 States Covered appeared first on Cryptonews.

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Sports betting can be a real blast, but it may surprise you to learn that it’s not legal in all 50 U.S. states. Before you fire up a wagering app, you’ll need to know whether you’re in one of the legal sports betting states.

Wondering whether you live in one of the states where online sports betting is legal? In this state-by-state analysis, you’ll learn about sports gambling legality, as well as relevant legislation that’s currently in the works.

States Where Sports Betting Is Legal


There are currently 30 states with legal sports betting, although some of these states require you to place your bets in person. If you’re wondering, “Where is online sports betting legal?” take a look at our handy chart to find out.

State In-Person Betting Online Betting
Arizona Yes Yes
Arkansas Yes Yes
Colorado Yes Yes
Connecticut Yes Yes
Illinois Yes Yes
Delaware Yes Yes
Florida Yes Yes
Illinois Yes Yes
Indiana Yes Yes
Iowa Yes Yes
Kansas Yes Yes
Kentucky Yes Yes
Louisiana Yes Yes
Maryland Yes Yes
Massachusetts Yes Yes
Michigan Yes Yes
Mississippi Yes Yes
Montana Yes Yes
Nebraska Yes No
Nevada Yes Yes
New Hampshire Yes Yes
New Jersey Yes Yes
New Mexico Yes No
New York Yes Yes
North Carolina Yes Coming Soon
North Dakota Yes No
Ohio Yes Yes
Oregon Yes Yes
Pennsylvania Yes Yes
Rhode Island Yes Yes
Tennessee No Yes
Vermont Yes Coming Soon
Virginia Yes Yes
Washington Yes Yes
West Virginia Yes Yes
Wyoming No Yes

Sports betting is also legal in Washington D.C., the capital city and federal district of the United States.

Before we launch into detailed sports betting regulations for all 50 states, it may be helpful to take a look at the history of sports wagering in the U.S.

In 1992, the federal government created the Professional and Amateur Sports Protection Act (PASPA), also known as the Bradley Act, which restricted all but a few states from any form of legalized sports gambling. This law may have had good intentions, but it allowed for the rise of underground sportsbooks and betting sites, many of which were run by the mob.

Years later, facing an economic recession, the federal government realized it needed to find new sources of tax revenue. In 2018, the Supreme Court struck down PASPA in a 7-2 decision, lifting the ban and allowing states to make their own rules for sports betting.

Although sports betting was now federally legal, legislators still faced significant hurdles to legalizing it at the state level. Below, we take a look at the legality of sports betting in each state.

Legal Status of All 50 States

Alabama

Both in-person and online sports betting are currently illegal in Alabama, although there has been strong interest in passing a law that would make it legal. In 2021, such a bill made it to the Alabama Senate floor but promptly died. The following year, legislators proposed a constitutional amendment that would legalize sports betting and create a state lottery. That bill also failed.

However, there is still hope. Senator Greg Albritton believes there will be strong support for legalized sports betting in 2024, partly because the bordering states of Tennessee, Mississippi, and Florida currently allow sports wagering. Proponents believe that Alabama will eventually legalize betting to prevent the loss of tax revenue to other states.

Alaska

Both types of sports betting are currently illegal in Alaska, and that likely won’t change any time soon. The state’s isolation and vast landmass make it rather unappealing for sportsbooks, so they’re unlikely to lobby the government for change.

However, there have been a few attempts at making sports betting legal. In February 2022, Rep. Adam Wool introduced a bill, HB 385, that would legalize online sports betting. The Alaska Legislature adjourned in May 2022 with no action taken on the bill.

Arizona

Good news for those living in Arizona: Both online and in-person sports betting are 100% legal. Legalization came into effect in 2021 when Governor Doug Ducey signed sports wagering legislation into law.

Sports betting is legal for anyone 21 and up in Arizona. There are currently 16 sportsbooks in the state, including DraftKings, BetMGM, and BetRivers.

Arkansas

Arkansas was one of the first states to legalize sports betting just six months after the Supreme Court struck down PASPA. Voters approved a statewide ballot in November 2018, allowing retail sportsbooks to launch in July 2019. Online sports betting came a few years later, in March 2022.

Arkansas has just three legal sportsbooks to choose from, which is quite a few less than other states. Sportsbooks Betly, BetSaracen, and Oaklawn Sports have retail locations scattered throughout the state.

California

Both retail and online sports wagering are currently illegal in California. Prop 26 and 27 aimed to legalize wagering, but both failed to pass in 2022. Prop 26 received 70% “No” votes, while Prop 27 failed with a whopping 83% “No” votes.

In October 2023, two new initiatives were filed with the California Attorney General’s office in another attempt to legalize sports betting. To appear on the ballot, these initiatives would have to collect nearly 900,000 signatures.

Part of the reason sports betting remains illegal is opposition from the state’s tribal leaders. Without this support, there’s almost no chance of legalization.

Colorado

Both online and retail sports betting became legal in 2019 with the passage of Proposition DD. Residents voted “Yes” to legalization by a slim margin, and shortly thereafter, sportsbooks began popping up throughout the state.

There are currently 20 legal sportsbooks in Colorado, which is more than any other state. A few favorites include FanDuel, bet365, Draft Kings, and Caesars Sportsbook.

Connecticut

Sports betting became legal in Connecticut after Governor Ned Lamont signed new tribal gambling compacts in 2021. Residents can bet on all major sports leagues and college sports, except Connecticut-based teams (unless the team is competing in a tournament).

Currently, DraftKings, FanDuel, and SugarHouse are partnered with the Connecticut Lottery to offer sports betting in the state. Fanatics will soon be replacing SugarHouse as the company recently pulled out of a 10-year agreement with the state.

Delaware

Delaware was one of the first legal sports betting sites after the Supreme Court struck down PASPA. Both retail and online wagering are allowed, but the state hasn’t currently launched any online betting apps and doesn’t yet have plans to do so.

Delaware residents have just three retail options for betting: Delaware Park Casino & Racing, Bally’s Dover Casino Resort, and Harrington Raceway and Casino.

Florida

Both online and retail sports wagering are legal in Florida, but the path to getting there hasn’t been easy. In 2021, the state agreed to give the Seminole Tribe the exclusive right to operate a betting app in Florida. However, the tribe took down the app after an onslaught of legal challenges and disagreements among lawmakers.

Online sports betting resumed in November 2023. Currently, Hard Rock Bet is the only legal sportsbook in the state. This sportsbook has six retail locations throughout Florida.

Georgia

There have been several efforts to legalize retail and online sports betting in Georgia, but so far, none have succeeded. In 2023, a bill that would have legalized sports betting failed to pass through the Senate. Other bills were put up for vote, but the 2023 legislative session ended without passing any of them.

Sports betting proponents expect lawmakers to renew their efforts for legalization in 2024.

Hawaii

Hawaii doesn’t have any form of sports betting — or any type of gambling at all, for that matter. Because the state has no casinos or lottery, it would be quite difficult to get sports betting up and running.

There have been some attempts at legalization, though. In 2023, lawmakers introduced a bill that would legalize poker and sports betting while bringing a retail sportsbook to Oahu. This bill did not pass.

Idaho

Both retail and online sports betting are illegal in Idaho and will likely remain that way for the foreseeable future. There have been zero attempts to introduce a bill that would legalize sports betting since the Supreme Court deemed PASPA unconstitutional.

Idaho does have several options if it chooses to legalize sports betting. The state has seven tribal casinos that could serve as retail sportsbooks. It could also choose an online-only format run through the state’s lottery.

Illinois

Retail and online sports betting are both legal in Illinois, but the path to reach legalization has been a rocky one. After several false starts, lawmakers finally managed to push legal sports betting through as part of a 900-page bill that Governor JB Pritzker signed in 2019.

Residents can bet on professional leagues and college sports at one of eight sportsbooks, including BetMGM, DraftKings, and BetRivers.

Indiana

Indiana legalized retail and online sports betting in 2019. This decision has proved financially advantageous for the state, with its sports handle hitting a record $513.6 million in November 2023.

Indiana residents have more than a dozen sportsbooks to choose from, including BetMGM, Caesars Sportsbook, and FanDuel.

Iowa

In Iowa, online and retail sports betting became legal in 2019. At first, bettors had to register at one of the state’s in-person sportsbooks, but now it’s legal to register online as well.

State law allows residents 21+ to bet on professional and college-level sports. It’s legal to bet on in-state college games; however, residents are prohibited from making prop bets on those events.

Iowa has 17 legal sportsbooks to choose from, including Betway, FanDuel, and BetRivers.

Kansas

Kansas became one of many legal sports betting states in 2022 when Governor Laura Kelly signed SB 84 into law. The bill officially went into effect in July 2022, making this one of the quickest launches of sports wagering nationwide.

There are currently six sportsbooks operating in Kansas, although legislation allows for up to 12, so residents could have more options in the future. Sportsbooks include DraftKings, BetMGM, and FanDuel.

Kentucky

Kentucky is one of the most recent states to legalize retail and online sports wagering. Seven sports betting apps went live in September 2023, including ESPN Bet, FanDuel, and Caesars. Bettors can wager on professional and collegiate sports.

Kentucky is an interesting outlier when it comes to betting age. Unlike many states that require bettors to be at least 21, residents 18+ can bet on sports within the state. Some online wagering apps require bettors to be 21+, though.

Louisiana

Louisiana has long been known for its thriving casino industry, so it should come as no surprise that online and retail sports wagering are legal here. Louisiana has legalized wagering in 55 of the state’s 64 parishes.

Legislation allows for up to 40 online sports wagering apps, but there are currently only eight in operation. They include PointsBet, bet365, and BetMGM.

Maine

Retail and online sports wagering became legal in Maine in 2022. Governor Janet Mills granted exclusive mobile sports wagering rights to the state’s Wabanaki Tribes, three of which have partnered with Caesars Sportsbook. Residents can also place their bets with DraftKings.

Maryland

Both retail and online sports wagering are legal in Maryland. Legalization occurred in 2021 after Governor Larry Hogan signed HB 940 into law. However, the sports betting launch was delayed until November 2023, when online sportsbooks finally began taking bets.

There are currently ten legal sportsbooks in the state, although legislation allows for up to 60. Online sportsbooks include DraftKings, BetRivers, and BetMGM. Those who prefer in-person wagering can head to Greenmount Station, Horseshoe Baltimore, Ocean Downs, or one of several other retail sportsbooks throughout the state.

Massachusetts

Massachusetts retail and online sports wagering became legal in 2022. Retail sports betting launched on January 31, 2023, and online wagering followed on March 10.

Bettors can wager on professional leagues but cannot bet on college-level teams (unless the teams are in a tournament). Betting is limited to residents 21+.

Legislation allows for up to 15 sportsbooks, eight of which are tied to a land-based partner. Sportsbooks include FanDuel, WynnBET, and Betr.

Michigan

Governor Gretchen Whitmer signed the bill to legalize sports wagering in 2019. Retail sportsbooks launched in 2020, but online wagering apps had a slower start and launched several months later in January 2021.

It’s legal to bet on pro and in-state college sports teams in Michigan. The state also allows residents to bet on some entertainment awards ceremonies, such as the Oscars.

There are currently 14 sportsbooks operating in Michigan, including FanDuel, Caesars, and BetMGM.

Minnesota

Minnesota is not one of the legal sports betting states. Lawmakers proposed new legislation that would legalize wagering in 2023, but bills fell short of passage.

Minnesota regulators are expected to make another attempt at legalization in 2024. Reportedly, gaming company IGT has been in talks with officials, which could prompt the introduction of new sports wagering bills.

Mississippi

Retail sports wagering has been legal in Mississippi since 2018. Many residents would love an online betting option, but wagering over the Internet is currently illegal in the state. Bettors must be located at a land-based, licensed casino to place bets.

Residents have quite a few retail sportsbooks to choose from, including Fitz Casino Hotel Tunica, Bally’s Vicksburg, and Harrah’s Gulf Coast.

Missouri

There have been substantial efforts to legalize retail and online sports betting in Missouri, but so far, none have succeeded. Although the legislation passed the House in 2023, it failed in the Senate, so lawmakers must wait until the 2024 session to try again.

Five of Missouri’s neighboring states allow sports betting, so proponents expect the eventual legalization of sports wagering to discourage residents from heading across state lines.

Montana

Montana is a friendly state for sports bettors. State law allows all licensed lottery retailers to offer on-site sports betting, which means residents can head to one of hundreds of sportsbooks to place their bets.

Online sports betting is technically allowed, but residents must be physically located at a retail sportsbook to use this option.

Nebraska

Retail sports betting has been legal in Nebraska since 2021. Online sports wagering isn’t yet legal, and it’s unclear whether this will change soon.

Residents can place bets at one of two retail sportsbooks: Grand Island Casino Resort and WarHorse Casino in Lincoln.

Nevada

Sports betting has been legal in Nevada since 1949. It was one of the few states not affected by PASPA, which made exceptions for states with existing state wagering programs.

Although online sports betting is legal, getting started is a bit complicated. Residents will need to download a sportsbook app, head to one of their retail locations, complete an application, and make their first deposit in person and in cash.

New Hampshire

Sports betting was legalized in New Hampshire with the passage of HB 480 in 2019. New Hampshire law allows for up to 10 sportsbooks in the state, and so far, 16 cities have authorized the placement of retail sportsbooks.

Currently, three sportsbooks operate in New Hampshire, all of which are run by DraftKings.

New Jersey

Retail and online sports betting became legal in New Jersey in 2018. Residents can choose from one of 16 sports betting apps, including FanDuel, DraftKings, and BetRivers. If residents want to bet in person, they may have to head to Atlantic City, as most of the state’s retail sportsbooks are located there.

New Mexico

Retail sports betting has been legal in New Mexico since 2018. Residents can only place bets at one of five tribal casinos, including Buffalo Thunder Casino, Route 66 Casino, Santa Ana Star Casino, and Inn of the Mountain Gods.

Residents don’t yet have any options for online sports betting, and it’s unclear whether there will be any legalization efforts in 2024.

New York

New York legalized in-person sports betting in 2019, with online sports betting following in 2021. Residents can currently bet using one of nine apps, including PointsBet, DraftKings, and BetRivers.

North Carolina

Both retail and online sports betting are legal in North Carolina, but bettors will have to wait until 2024 until online wagering launches in the state. For now, residents can place bets at Catawba Two Kings Casino and one of two Harrah’s casinos.

Legislation will allow for up to 12 online sportsbooks in North Carolina. It’s unclear which will launch in the state, but experts believe FanDuel, Caesars, and BetMGM are likely picks.

North Dakota

Retail sports betting was legalized in North Dakota in 2021. The state allows federally recognized tribes to accept bets on their reservation lands. Three have opened sportsbooks: Sky Dancer Casino & Resort, Dakota Magic Casino, and 4 Bears Casino and Lodge.

Online sports betting currently isn’t legal in North Dakota. Lawmakers rejected a bill to legalize online wagering in 2021, and it’s unclear whether any efforts will be made in 2024.

Ohio

Ohio is one of the most recent states to legalize sports wagering. Governor Mike DeWine signed HB 29 into law in 2021, and 16 sportsbooks launched in January 2023. Currently, residents can place bets at one of 20 sportsbooks, including DraftKings, BetRivers, and Caesars.

Oklahoma

Oklahoma has no shortage of tribal casinos, but surprisingly, both retail and online sports betting remain illegal in the state. Governor Kevin Stitt is a strong proponent of sports wagering and plans to introduce legislation in 2024 that would legalize betting online and in person.

Oregon

Oregon sports betting became legal in 2019. DraftKings currently operates as the sole online sportsbook in the state.

Residents who wish to bet in person must do so at one of four tribal casinos: The Mill Casino & Hotel, Chinook Winds Casino Resort, Spirit Mountain Casino, and Three Rivers Casino Resort. Unlike some other states, these casinos allow residents to bet on in-state collegiate games.

Pennsylvania

Pennsylvania legalized sports betting in 2017 before the banning of PASPA, but its retail sportsbooks didn’t officially launch until November 2018. Online sports wagering launched in 2019.

Sports betting was legalized with the passage of HB 271, which included a comprehensive gambling package that established licensing fees and tax rates. The state has one of the highest tax rates in the country for sports betting at 36%.

Residents can bet at one of 12 legal sportsbooks in Pennsylvania, including FanDuel, BetPARX, PointsBet, and Unibet.

Rhode Island

Rhode Island started offering sports betting in 2018, just months after the banning of PASPA. The state only has one online sports wagering app, Sportsbook Rhode Island, which is part of the Rhode Island Lottery’s collaborations with William Hill and IGT.

Residents have just two options for in-person wagering: Bally’s Twin River Lincoln and Bally’s Tiverton.

South Carolina

All types of sports betting are illegal in South Carolina, but there has been a substantial push from lawmakers toward legalization. Legislators proposed bills in 2019, 2021, 2022, and 2023, but so far, all have failed.

The most recent attempt is HB 3749, which could gain traction during the 2024 legislative session. This bill would legalize up to eight betting apps and make sports betting legal for anyone 18+. It also places no prohibitions on college sports wagering.

South Dakota

Sports betting is legal in South Dakota but with quite a few restrictions. The state only allows sports wagering in person at a Deadwood sportsbook or tribal casino. Residents can place bets from their mobile devices, but they must be physically located at a licensed casino or sportsbook. The state also prohibits betting on in-state college teams and minor league games.

Tennessee

Tennessee officially legalized online sports betting in June 2019, but it took until November 2020 for the first sportsbook apps to launch. Unlike many other states that have legalized sports wagering, Tennessee does not allow in-person betting and doesn’t have any plans to legalize it in the future.

Sports betting is open to residents 21+, and bettors can wager on both pro and in-state college sports.

Texas

Despite efforts from citizens and legislators, both retail and online sports betting remain illegal in Texas. The most recent effort, HB 1942, passed through the House in 2023. However, Lt. Governor Dan Patrick cut down the resolution before the Senate could vote on it despite bipartisan support.

Texas residents will have to head to neighboring Louisiana or New Mexico to place their bets. Legislators may have to give legalization more consideration if they don’t want to lose tax revenue to other states.

Utah

Sports wagering, and gambling of any kind, is illegal in Utah because of the state’s deep Mormon roots. Utah is so opposed to sports wagering that its code says it will remain illegal even if legalized at the federal level.

It’s highly unlikely that sports wagering will ever become legal in the state. Residents will have to travel to a neighboring state or try their luck with an offshore sportsbook instead.

Vermont

Vermont sports betting fans have plenty to be excited about. The state plans to launch legal sports betting on January 11, 2024, thanks to the passage of H.127.

The law will subject two to six sportsbooks and their subject operators to a 20% revenue tax. Bettors must be 21+ and cannot bet on Vermont college sports programs, except out-of-state tournaments. Bettors are also prohibited from using credit cards to fund online wagering accounts.

Right now, only two online sportsbooks have signed up for the launch: FanDuel and DraftKings. Fanatics will likely soon follow.

Virginia

Legal sports betting came to Virginia in 2021. It was one of the few states to launch an online-only option, although the state has plans for several retail sportsbooks in the works. Currently, the only retail option in the state is Hard Rock Hotel and Casino in Bristol.

Online bettors have 16 apps to choose from, including Bally Bet, DraftKings, and SuperBook. Bettors must be 21+. The state prohibits residents from betting on in-state college teams and NFL drafts.

Washington

Retail sports betting became legal in Washington with the passage of HB 2638 in 2021. This bill allows for sports wagering at one of Washington’s 30 tribal casinos.

Online sports betting is not allowed in Washington. Residents will have to head to an in-person casino, such as Spokane Tribe Casino, Silver Reef Casino Resort, or Angel of the Winds Casino, to place their bets. Snoqualmie Casino offers a mobile sports betting app, but bettors must be physically located at an in-person sportsbook to use it.

West Virginia

Both online and retail sports wagering are legal in West Virginia. Residents can choose from one of nine betting apps, including Caesars, BetRivers, and BetMGM.

West Virginia places no restrictions on in-state college sports betting. The only restriction is that residents can’t bet on high school sports.

Wisconsin

Wisconsin hasn’t technically legalized sports betting, but it has made agreements with federally recognized tribes to allow in-person wagering. Residents can place bets at one of six tribal casinos, including Potawatomi Casino, St. Croix Casino, and Oneida Casino West Mason.

Online wagering is legal, but heavily restricted. Residents can only place bets from their phones at a physical Oneida One-Stop location.

Wyoming

Online sports betting became legal in 2021 in Wyoming. The state currently has four sportsbook apps: FanDuel, DraftKings, Caesars, and BetMGM. There are currently no brick-and-mortar sportsbooks in operation.

What’s To Come for Legal Sports Betting States in the U.S.?


As sports betting is legalized at the state level, it’s difficult to say what the future holds. Legislators in several states plan to introduce bills for legalization in 2024, and it’s unclear whether those bills will succeed.

If you don’t live in one of the states where sports betting is legal, your only option may be to use an offshore sportsbook. However, these sportsbooks aren’t regulated and offer few protections for consumers, so please tread carefully if you decide to go that route.

The post Is Sports Betting Legal in the U.S.? All 50 States Covered appeared first on Cryptonews.

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BetOnline Review, Bonuses & Promo Codes 2024 https://cryptonews.com/guides/betonline-review.htm Fri, 05 Jan 2024 13:16:24 +0000 https://cryptonews.com/?post_type=guides&p=147795.htm BetOnline is a massive online casino and sportsbook with a huge selection of betting options. Players can wager on everything from slots and roulette to poker tournaments to sports matches. BetOnline accepts both fiat and crypto deposits and offers players tons of deposit match bonuses. So, is BetOnline the best place to wager in 2024? […]

The post BetOnline Review, Bonuses & Promo Codes 2024 appeared first on Cryptonews.

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BetOnline is a massive online casino and sportsbook with a huge selection of betting options. Players can wager on everything from slots and roulette to poker tournaments to sports matches. BetOnline accepts both fiat and crypto deposits and offers players tons of deposit match bonuses.

So, is BetOnline the best place to wager in 2024? Find out in our complete BetOnline review.

What is BetOnline?


BetOnline is an online casino and sportsbook that launched in 2001. It’s headquartered in Antigua and Barbuda and licensed in Panama.

BetOnline Review

BetOnline has offered online betting services to US players for more than 20 years, although as an offshore betting site it’s not licensed to operate in any US state. The platform was also one of the first online gambling sites to accept Bitcoin.

Players will find around 700 casino games and more than 35 sports betting markets at BetOnline. The site also has a racebook for wagering on horse races and hosts live online poker tournaments.

BetOnline Key Facts


Here are the key facts players need to know from our BetOnline review:

Welcome Bonus Casino: 100% deposit match up to $1,000 on first 3 deposits

Sports: 50% deposit match up to $1,000

Bonus Code Casino: BETCASINO

Sports: BET1000

Casino Games Slots, blackjack, roulette, baccarat, poker, craps, keno
Live Casino Yes
Sports Betting Markets 35+ markets including horse racing and esports
Live Betting Yes
Payment Methods 16 cryptocurrencies, credit/debit card, person-to-person, money order, wire transfer
Minimum Deposit $20

BetOnline Bonuses & Promos


BetOnline offers a range of attractive bonuses to encourage players to join the casino and return for more play. Let’s take a look at all of the bonus offers currently available.

BetOnline Welcome Bonus Offers

BetOnline offers welcome bonuses for its casino, sportsbook, and poker tournaments.

BetOnline Bonus Offers

At the casino, players can earn a 100% deposit match worth up to $1,000 on each of their first three deposits. This BetOnline welcome offer requires a minimum deposit of $25 and comes with a 45x wagering requirement.

At the sportsbook, new players can earn a one-time 50% deposit match bonus up to $1,000. This BetOnline welcome bonus requires a $55 minimum deposit and includes a 10x wagering requirement.

For poker play, players receive a 100% deposit match bonus up to $1,000 along with 8 days’ worth of free tournament entry tickets. The tickets can be used to join entry-level tournaments that, if players win, can qualify them for a seat at BetOnline’s weekly $100,000 tournament.

BetOnline Shitcodes

There are no BetOnline shitcodes at this time. However, many of the platform’s bonuses do require promo codes, which we’ll cover below.

Existing Customer Promos

Returning players will find a wide range of bonuses at BetOnline. Current offers include:

  • 1st time crypto deposit bonus: Earn a 100% deposit match up to $1,000 when a player makes their first crypto deposit ($20 minimum deposit, 14x wagering requirement).
  • Bitcoin bull refund: For a limited time, BetOnline is covering all Bitcoin network transaction fees for deposits of $100 or more.
  • 25% sports reload bonus: Earn a 25% deposit match up to $250 when making a reload deposit of $100 or more for sports betting (6x wagering requirement)
  • 30% crypto reload bonus: Earn a 30% deposit match up to $300 anytime players make a crypto deposit of $50 or more (7x wagering requirement).
  • 10% crypto boost: Earn a 10% deposit boost on every crypto deposit with no minimums, no wagering requirement, and no BetOnline bonus code.

BetOnline Loyalty Program

Casino loyalty programs can be very lucrative for players, and BetOnline’s program is no exception.

The BetOnline VIP program rewards loyal players with rebates, extra bonuses, priority payments, exclusive gifts, and more. It’s one of the most transparent VIP programs we’ve seen as well as one of the most generous.

BetOnline VIP Program

Players are automatically entered into the VIP program at the Bronze level when they join BetOnline. This tier offers casino and racebook rebates, birthday free spins, and monthly reload bonuses.

Players can move up the program’s 7 tiers by betting consistently at BetOnline. The Silver tier requires a lifetime betting volume of $10,000, while the next Gold tier requires $50,000 in lifetime wagers.

BetOnline Bonus Promo Codes


Here are the BetOnline bonus codes players need to claim their welcome bonuses and reload bonuses:

  • Casino welcome bonus: BETCASINO
  • Sports welcome bonus: BET1000
  • 1st time crypto deposit bonus: CRYPTO100
  • 25% sports reload bonus: LIFEBONUS
  • 30% crypto reload bonus: CRYPTO30

BetOnline No Deposit Bonus Codes

There is currently no BetOnline promo code that lets players claim a casino no deposit bonus. All bonuses require a deposit.

What Games Can You Play at BetOnline Casino?


BetOnline has a wide range of casino games—around 700 in total. While this is far less than some other top crypto casinos, our BetOnline casino review found that the selection comes from widely respected software providers. We didn’t find ourselves lacking for gaming options.

Slots

BetOnline offers more than 620 slot games from providers like BetSoft, Rival, BetGames, Nucleus Gaming, and Fresh Deck Studios.

BetOnline Slots

The slots library isn’t particularly organized—there’s no way to filter by software provider or slots type. In addition, players can’t try out slot games in demo mode before betting on them.

Roulette

BetOnline has 15 virtual roulette tables and 15 live dealer tables. Variations include European roulette, double ball roulette, and dragon roulette.

Blackjack

Players will find 22 virtual blackjack tables and 27 live tables at BetOnline. There are many variations available including multi-hand blackjack, European blackjack, super 7 blackjack, and 21 burn blackjack.

BetOnline Blackjack

Poker

BetOnline is a leader in online poker play. At the main BetOnline casino, players will find 9 video poker tables for oasis poker, Caribbean poker, 3-card poker, let it ride, and more.

BetOnline hosts daily live poker tournaments that players must buy into to join. There are weekday tournaments with low stakes, nightly progressive tournaments with higher payouts, and Sunday Majors tournaments with prize pools worth up to $100,000. On weekends, new tournaments start every 15-30 minutes, so players have plenty of chances to play.

BetOnline Poker Tournaments

Live Dealer Games

BetOnline offers 71 live dealer tables from FreshDeck Studios and Visionary iGaming. Live dealer tables are available 24/7 and include blackjack, roulette, baccarat, Wheel of Fortune, and a lottery game.

There aren’t many live game show games at BetOnline. For example, players won’t find Monopoly, Deal or No Deal, Dreamcatcher, or Candyland.

BetOnline Live Casino Games

Other Games

Other BetOnline casino games include craps, keno, dice, and scratch cards. The casino also has specialty video games such as Space Invaders. There are no crash games, like Aviator, available at BetOnline.

BetOnline Sports Betting


BetOnline is one of the largest online sportsbooks available to US players. It offers an enormous range of markets and competitive odds, positioning it to take a major share of the $7.6 billion US sports betting market.

Let’s take a closer look at BetOnline’s sports betting options.

Available Sports & Markets

BetOnline offers betting on all the major US sports leagues along with popular sports like soccer, tennis, golf, rugby, auto racing, UFC, and more. It also carries odds for less common sports markets including:

  • Volleyball
  • Surfing
  • Wrestling
  • Biathlon

Bettors can also wager on US politics, entertainment events, and the outcome of the New York Lottery. In total, BetOnline offers more than 35 betting markets.

BetOnline Sports Betting

For esports betting, players at BetOnline can wager on:

  • NBA2K
  • Mobile Legends
  • Counter-Strike
  • League of Legends
  • Valorant
  • Rainbow Six

Players can even place futures wager on esports at BetOnline, which is relatively unusual among the best Bitcoin sports betting sites.

BetOnline has a large racebook where players can wager on horse races around the world. Bets are available on both thoroughbred and harness races.

Most markets are available for live betting. BetOnline updates odds in real time.

BetOnline Odds

BetOnline offers fairly competitive odds, although they’re rarely the best in the industry. We noticed a slight premium across the board at BetOnline, which makes sense since this is a relatively large and well-established offshore sportsbook. For some less popular sports, BetOnline is the only place players can place bets on upcoming matches.

BetOnline Sports Odds

BetOnline offers a few ways to make sports betting even more interesting. Daily odds boosters offer better-than-average odds for particular wagers across popular sports leagues. The sportsbook displays odds boosts for the upcoming week so bettors can decide what to wager on.

The sportsbook also offers same-game parlays. These are featured parlay bets involving two prop bets from a single match. They typically offer very attractive boosted odds.

What Software does BetOnline Use?


BetOnline works with a relatively small number of casino software providers. That said, all of the providers that BetOnline uses are well-established in the gaming industry and known for offering popular games.

Providers at BetOnline include:

  • BetSoft
  • Rival
  • BetGames
  • Nucleus Gaming
  • Fresh Deck Studios
  • Visionary iGaming
  • Dragon Gaming
  • FlipLuck
  • Concept Gaming

BetOnline Deposits & Withdrawals


BetOnline accepts a wide range of fiat and crypto deposit methods. Players can make a fiat deposit with a credit or debit card, person-to-person money transfer, money order, or wire transfer. Crypto deposits are accepted for the following tokens:

  • BTC
  • AVAX
  • BNB
  • BCH
  • ADA
  • DOGE
  • ETH
  • LTC
  • MATIC
  • XRP
  • SHIB
  • SOL
  • XLM
  • USDT
  • TRX
  • USDC

The minimum deposit is $20 for most cryptocurrencies, $25 for a credit/debit card, and $500 for a wire transfer. BetOnline is currently refunding players for Bitcoin network fees, but not for network fees for other blockchains.

Withdrawals are available by any of the same payment methods as the BetOnline deposit options except for credit/debit cards. Players can also request a check by mail.

The minimum withdrawal is $50 for person-to-person transfers, $200 for most cryptocurrencies, and $500 for check or wire transfers. Players can withdraw up to $100,000 in Bitcoin at once or up to $25,000 by wire transfer, so high rollers won’t have any issues getting their winnings back from BetOnline.

Crypto payouts are processed in minutes, while checks and wire transfers can take up to 5 days. Check our fastest payout online casinos list to find super fast fiat withdrawal casinos.

Payment Methods Minimum Deposit Minimum Withdrawal Withdrawal Time
16 cryptocurrencies, credit/debit card, person-to-person, money order, wire transfer $20 $50 Minutes to 5 days

BetOnline Interface & User Experience


BetOnline offers an outstanding user experience. The platform is easy to navigate and offers well-organized menus to help players explore all the different betting options. The casino and sportsbook can be accessed from the same site, but are clearly separated so that the betting options are clear.

For poker play, BetOnline offers both a web platform and a downloadable desktop app for Windows and Mac. The tournament schedule is clear and easy to browse, although it would be nice if the site offered more information about the limits, capacity, and approximate duration of each tournament.

One of the few shortcomings we found with BetOnline’s player experience was in the casino. There are menus for different types of BetOnline games, like slots, blackjack, table games, and live dealer games. However, there’s no way to sort games by software provider or popularity. This makes it somewhat challenging to find slot games.

At the sportsbook, BetOnline ensures the bet slip is never more than a click away. Players can watch live streams of most esport matches and a virtual display that shows how other types of sports matches are unfolding.

BetOnline Esports Betting

The site is about to launch a new version of its sportsbook, which looks similar to the existing version but with a modern flair. The most noticeable upgrade is that players can always keep an eye on live matches as they browse other odds available at BetOnline.

Does BetOnline Have a Mobile App?


BetOnline doesn’t offer a casino mobile app for iOS or Android devices. However, players on the go can still access BetOnline using their smartphone’s browser.

The gambling platform is optimized for mobile, so players can access all of the features they’d find when using BetOnline on a computer. They can make deposits and withdrawals, play casino games, bet on sports, join poker tournaments, and more.

Overall, we found BetOnline’s mobile experience to be quite good even without a dedicated app.

BetOnline Security


BetOnline has been offering online gambling for more than 20 years. It’s licensed in Panama, which has tight rules to ensure player safety. BetOnline has long catered to US players without any major incidents, despite the fact that the site is not licensed in any US state.

BetOnline reviews by current and past players are generally very positive. The gambling site has a 3.6-star rating on Trustpilot after more than 4,000 reviews, which is very good compared to other online betting sites.

BetOnline uses SSL encryption to protect players on its site. Players’ funds are kept in segregated accounts, ensuring that BetOnline never mixes customers’ funds with its own operating funds.

This site follows anti-money laundering rules and requires Know Your Customer (KYC) checks for all new players. This means BetOnline collects personal information and that it’s not possible to bet fully anonymously, even when using cryptocurrency. However, BetOnline has a strong and transparent privacy policy available on its site.

BetOnline Pros & Cons


Let’s explore some of the ups and downs of this popular online gambling site.

Pros

  • $1,000 welcome bonuses for casino, sportsbook, and poker
  • Excellent reload bonuses, especially for Bitcoin deposits
  • Wide range of casino games, including live dealer games
  • Tons of sports betting markets including horse racing and esports
  • Live poker tournaments daily with weekly $100,000 tournaments
  • 20+ years in operation and licensed in Panama

Cons

  • Works with fewer casino software providers than competitors
  • Odds for sports betting can be slightly above average
  • Does not accept American Express casino deposit

The Verdict


Our BetOnline review found that this casino and sportsbook is an excellent place to bet. It offers a wide range of casino games, an even more impressive range of sports betting markets, and daily live poker tournaments open to anyone. On top of that, BetOnline is trustworthy thanks to its 20+ year history and licensing in Panama.

New players at BetOnline can claim a $1,000 casino welcome bonus and another $1,000 sports welcome bonus. Join today with promo codes BETCASINO and BET1000.

References

FAQs


Is BetOnline legit?

BetOnline is an online casino and sportsbook licensed in Panama. It has been operating for more than 20 years and offers games from respected casino software studios.

What games can you play at BetOnline?

BetOnline offers more than 700 casino games, including slots, blackjack, and roulette, and 35 sports markets, including horse racing and esports. Players can also join live poker tournaments daily.

What is the BetOnline welcome bonus?

BetOnline offers a 100% deposit match up to $1,000 on each of a player’s first 3 deposits at the casino. Players also receive a 50% deposit match up to $1,000 on their first deposit at the BetOnline sportsbook.

The post BetOnline Review, Bonuses & Promo Codes 2024 appeared first on Cryptonews.

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