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.

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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

The post Top 3undervalued cryptocurrencies to day trade this week appeared first on CoinJournal.

Litecoin price prediction for October 2022

Litecoin price has been in a tight range in the past few days as the market participants waited for the next catalyst. LTC has risen in the past two straight days and is trading at $54.76, where it has been in the past few days. It remains about 19.3% below the highest level in September.

Litecoin consolidation continues

Litecoin had a mild performance in September even as market conditions remained volatile. In September, American stocks crashed by more than 10%, with indices like the Dow Jones, Nasdaq 100, and S&P 500 retreating.

At the same time, the US dollar index (DXY) surged to the highest level in more than 20 years. Other key indices signaled at potential risks in the market. For example, the closely watched VIX index, which is a measure of volatility, soared to more than $32 while the fear and greed index dropped to the fear zone.

All these numbers signal that Litecoin did well in a difficult market. The same is true for other cryptocurrencies like Bitcoin and Ethereum. 

The main catalyst for Litecoin in September was Ethereum Merge, which transitioned it from a proof-of-work (PoW) to a proof-of-stake (PoS). Since this was the biggest event in the blockchain industry, most cryptocurrencies reacted to it. 

Looking forward, there will be no major cryptocurrency-focused event of the magnitude of the Merge in October. Therefore, investors will continue to focus on the broader market issues like inflation and monetary policy. 

This week, the US will publish the latest jobs numbers. Analysts expect the data to show that the country’s economy added more than 300k jobs in September. As such, with inflation at an elevated level, there is a likelihood that the Fed will continue hiking interest rates.

Litecoin price prediction

The daily chart shows that the LTC price has been in a consolidation phase in the past few days. It has remained between the important support and resistance levels at $46.3 and $67.35. The coin is still hovering at the 25-day and 50-day moving averages while the Relative Strength Index (RSI) has moved to the neutral point at 50.

Therefore, there is a likelihood that Litecoin will remain in this tight range in October. A move above the resistance at $67 will mean that there are more buyers left while a drop below the support at $46 will mean that there are more sellers in the market.

How to buy Litecoin

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy LTC with eToro today

Skilling

Skilling is a Scandinavian based cryptocurrency broker which has a desktop website as well as apps for iOS and Android devices. It supports over 50 cryptocurrencies and it has a demo account to allow users to gain familiarity with the platform. Skilling has no hidden fees, it is an officially regulated broker and it supports a wide range of payment methods.

Buy LTC with Skilling today

The post Litecoin price prediction for October 2022 appeared first on CoinJournal.

EMAX is soaring after whopping fine on Kim Kardashian: should you buy EMAX?

EthereumMax has been pushed into the spotlight after Kim Kardashian was penalized by the US Securities and Exchange Commission for promoting it. 

The EMAX token is soaring as a result, having added an impressive 86% to its value in the last 24 hours.

If you are attracted to unique features and want to learn how and where to buy EMAX, this guide is for you. 

Top places to buy EMAX now

As EMAX is such a new asset, it’s yet to be listed on major exchanges. You can still purchase EMAX using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy EMAX right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the 1Inch DEX

Head to 1Inch, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for EMAX

Now that you’re connected, you’ll be able to swap for 100s of coins including EMAX.

What is EMAX?

EMAX is the token of EthereumMax, an ecosystem for a wide variety of digital assets. Its staking and liquidity options are leading it into the world of decentralised finance.

EthereumMax will be launching its own non-fungible token (NFT) marketplace in the future. They planned it in the second quarter of the year, but the project was postponed. 

EMAX, described as a culture token, is based on the ERC-20 standard. It was conceived of as a community cryptocurrency, offering financial incentives and rewards. 

Each EMAX sell transaction costs 6%, which the ecosystem’s treasury receives. Another 6% is charged to liquidity providers. If the trade is made with the Arbitrum Layer 2, this amount is halved.

Should I buy EMAX today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never make any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose. 

EMAX price prediction

Analysts like DigitalCoinPrice and PricePrediction are bullish on EMAX. The former predicted an average price of $0.0000000042 in 2022 and $0.000000017 in 3 years. 

The latter is even more bullish, projecting an average price of $0.00000001 this year, $0.00000002 in 3 years, and $0.00000010 in 8 years.

EMAX on social media

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