What to keep in mind when choosing a crypto casino to play

More and more people around the world have become interested in playing at online casinos in one way or another. This new surge in interest has been driven by many different things, such as the increased number of opportunities and the increase in time spent at home.

At the same time, cryptocurrencies have been gathering more and more attention from people. This is one thing that has also been noticed in the world of online casinos. Offering cryptocurrencies as a possible payment method for players is a good way to attract customers. This is often the reason why players choose a certain casino over another gaming site. 

Today, many crypto casinos in Finland have become popular, and the rest of the European countries follow very closely behind. In this article, we will introduce you to some things that you should consider and keep in mind when looking for a casino that allows you to play using cryptocurrencies.

Make sure that payments are successful in both directions with cryptocurrencies

Unfortunately, not all casinos allow withdrawals with cryptocurrencies, although deposits can be made with this particular payment method. That’s why it’s good to check that you can perform both payment procedures with the same currency. Fortunately, this is very easy to do. 

You just have to go to the part of the page that tells you about all the different payment methods. Here you can find information whether there’s support for cryptocurrencies as a payment method.

If you are especially a fan of bonuses, it is also good to make sure that the casino’s offers are available in cryptocurrencies. This is not always the practice, even if payments are made with cryptocurrencies. Thus, you would not be able to use the cryptocurrencies you want when you want to redeem the offer. So take this into account before you choose a particular game site that offers cryptocurrencies.

Ensure the cryptocurrency you want to use is accepted as a payment method

Even if the casino in question is advertised as a site that accepts different cryptocurrencies as payment, you should make sure that it accepts the exact currencies you want to use. 

Very often, the casino may only accept the well-known Bitcoin as a payment method, while other casinos offer the possibility to use up to 20 different cryptocurrencies. Bitcoin, Ethereum and Litecoin are the most common payment methods even in the world of online casinos.

Of course, this does not mean that they are the only possible cryptocurrencies. If a site offers many different cryptocurrencies as a payment method, information about this can often be found very easily. The sites may even mention it on the casino’s homepage. Thus, you will get information very quickly about whether you have enough options between different cryptocurrencies or not.

What is the selection of games at that casino?

This is definitely one of the most important things you should look into when choosing a crypto casino to play at. Too often, players may get excited by the offer of nice bonuses, and thus forget to stop and think about the basic reason for playing at casinos: playing games.

That is why it is very important to compare the selection of games offered by a few different online casinos. Maybe you are interested in playing different slot games, while others are excited by traditional live casino games. No matter what kind of player you are, you can definitely find a casino that suits you. Still, it is very important that you make sure of it in advance. 

That way, you can be sure that the casino’s selection of games will keep you entertained for a longer time, even if the bonus was used a long time ago.

Is the casino licensed?

This is also one of the things that is particularly important to take into account. Almost all countries in the world, where online gambling is legal, require the site to have some state or decision-making authority to check and regulate the operation of the online casino. In this way, it can be ensured that the site works reliably and fairly. 

Finland currently does not have a license like this, which is why most of the online casinos operating in Finland use other reliable licenses.

As in many other European Union countries, it is also very important in Finland that the casino has an EU or EEA country license. This means that then the player’s winnings will presumably not be taxed, which is of course important. In addition, this says a lot about the reliability of the site. There are many countries in the European Union that offer reliable licenses. One of the most famous and trusted options is the Malta Gaming Authority license offered by Malta.

The fact that you choose a casino that operates under a license is very important. This ensures that you choose a casino that operates in a safe and controlled manner. Thus, you can avoid the risks of cheating when you just want to have fun playing online. 

Unfortunately, there are some cases where crypto casinos have been scams, but this is exactly what we are trying to minimize with the help of licenses and by monitoring the site’s operation.

What is the user experience like on computers and mobile devices?

This is one thing that gets forgotten every now and then, but it’s very important to keep in mind. By making sure that the site works well on both a computer and a phone, you can be sure that it will remain comfortable to use for a longer period of time. 

When you want to have fun playing, you certainly don’t want to struggle with a site that doesn’t work properly on the device you want to use.

The post What to keep in mind when choosing a crypto casino to play appeared first on CoinJournal.

Crypto fund flows suggest ‘continued investor hesitancy’: CoinShares

  • Crypto funds saw a third straight week of inbound investments last week. However, CoinShares’ James Butterfill says the low inflows suggest there’s “continued investor hesitancy.”

The crypto market has struggled to tag a positive sentiment, with September again proving a tricky month for bulls as prices remained largely within a long term downtrend going back to November 2021.

So while institutional investors continue to size up opportunities in the digital assets sector, flows into investment products have significantly remained low over the past few weeks.

James Butterfill, Head of Research at digital asset manager CoinShares, says the low inflows seen last week imply a “continued hesitancy” from investors.

Butterfill shared the outlook in the latest edition of the “Digital Asset Fund Flows Weekly Report”, which CoinShares published on Monday.

Crypto funds see third week of inflows

Fund outflows year-to-date are at more than $42 million, with the past three weeks seeing positive flows.

According to Butterfill, the low flows suggest institutional investors are still weighing up the market, particularly given the global macroeconomic environment.

“Digital asset investment products saw inflows totaling $10.3 million last week representing the third week of inflows. The flows remain low implying continued hesitancy amongst investors, this is highlighted in investment product trading volumes which were $886 million for the week, the lowest since October 2020,” Butterfill wrote.

Bitcoin recorded minor inflows for a third week in a row, with $7.7 million (short bitcoin saw inflows of $2.1 million). Meanwhile, Ethereum registered $5.6 million in inflows last week to post a second positive week – but short Ethereum products hit outflows of $0.9 million.

Across the altcoin market, negative sentiment saw investors pull $3.5 million. Top outflows were in Polygon, Cardano and Avalanche.

The post Crypto fund flows suggest ‘continued investor hesitancy’: CoinShares appeared first on CoinJournal.

Top 3undervalued cryptocurrencies to day trade this week

Cryptocurrency prices have remained in a consolidation phase in the past few weeks. Bitcoin has been stagnant at $20,000 while ETH has stayed at $1,300. This trend has frustrated traders who prefer highly volatile periods. Here are some of the top undervalued cryptocurrencies to trade this week.

Reserve Rights Token (RSR)

Reserve Rights Token or RSR is the native cryptocurrency for the Reserve ecosystem. The developers have created a stablecoin that is backed by a basket of other stablecoins like Tether and USD Coin. The network is backed by well-known players like Peter Thiel, Coinbase, and Sam Altman among others. 

RSR price has become relatively volatile in the past few days as investors wait for the upcoming mainnet launch, which will happen this month. It was trading at $0.0096 on Tuesday, which was slightly below this month’s high of $0.010. It has risen by more than 195% from its lowest level this year.

Therefore, there is a likelihood that Reserve Rights will continue being volatile this week, making it ideal for day trading.

How to buy Reserve Rights Token

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy RSR with Binance today

KuCoin

Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies. Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods. Users can benefit from a beginner-friendly interface and relatively low fees.

Buy RSR with KuCoin today

Injective Protocol (INJ)

Injective Protocol is a venture-backed platform that was created to disrupt the finance industry. It is backed by Binance, Pantera, Jump Crypto, and Mark Cuban. INJ, its native token, has a total market cap of over $159 million.

Injective is a blockchain project that developers will make it possible for developers to build DeFi apps. In September, its token saw substantial movements as demand for the ecosystem rose. 

The most important catalyst was the launch of Project X, a project that introduced Automated Market Makers (AMM) with 0 impermanent loss. It also has storage vaults for market making and passive yield generation. Project X also won the Most Promising Launch award at the Cosmoverse event.

Another event that moved Injective was the launch of Helix, previously known as Injective Pro, launched on the network.

Vibrate (VIB)

Vibrate is another undervalued cryptocurrency to trade in October. It is a blockchain project that seeks to disrupt the music industry. It lets people do research on musicians and venues. 

At the same time, it has deep analytics products that provide data on musicians, venues, their social media performance, and audience demographics. It uses a freemium approach, with its premium version going for 108 euros per month. 

Therefore, event managers can use this data to make bookings and predict ticket sales when making bookings. VIB, its native token, has become one of the most active cryptocurrencies recently. It has risen by more than 770% from its lowest level this year.

How to buy Viberate

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy VIB with Binance today

Swapzone

Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.

Buy VIB with Swapzone today

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