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How to play games with crypto? Beginner’s guide

George Miller

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How to play games with crypto? Beginner’s guide
Reading Time: 3 minutes

 

Investing in cryptocurrencies is still a very attractive option to make money. Although we are already nearing the end of 2018, the party is still young. It will take a long time before the average John Smith will know how to play “games” with crypto. But in this article, if you’ve been such a typical John Smith so far, today you can see how to start your adventure with cryptocurrencies.

Investing in crypto is definitely not a new form of gambling but as you’ll quickly notice, using exchange sites looks a bit like playing games, you predict the price of a cryptocurrency at the given moment just like at the prediction market like Fairlay which is why we decided to name this article this way. We hope you’ll easily understand our introduction on how to play games with crypto!

Step 1 – Choose exchange site

To play games with crypto – first what you need to do is to choose exchange site. In this place, you buy Bitcoins or another crypto currency available there. You simply change “real” money like dollars, euros etc. for the virtual currency.

We will not suggest specific currency changers in this article. However, remember first of all to pay attention to omitting huge fees that can “eat” a significant part of your investment.

Step 2 – Purchase

In each of the money changers, the purchase looks similar. Usually, you choose the “buy bitcoins” option and give the amount for which you want to buy them. You can choose any amount – probably when starting to play games with crypto you’ll start with a small amount, so your balance will look for example like this: 0.00456245 BTC. When you buy, you usually have many options to choose from: it can be both a transfer and a card payment. After a short time – few minutes or hours – you will see your Bitcoins (or other virtual currency) in your wallet.

If you bought Bitcoins and you want to keep them, you do not have to do anything more. However, if you want to exchange them for a different currency, read Step 3.

Step 3 – Stock exchange selection and registration

To buy another crypto – you must register at one of the stock exchange sites. Each site has different exchange rates of particular currencies, has the ability to buy some other cryptocurrencies, or has another – less or more comfortable – interface.

When starting to play games with crypto, do not worry about complex security features like Google Authenticator, or verifying your IP. They are designed to protect your money.

Choose your stock exchange site wisely by taking into consideration the above mentioned factors and doing the right research on the Internet.

Step 4 – Sending your Bitcoins

To trade a crypto – you must now transfer the previously purchased Bitcoins to the wallet assigned to your account. To do this, search your wallet in your cantor and then choose the “send bitcoins” option. Within a dozen minutes or a few hours you should have BTC on the stock exchange site.

Step 5 – Purchase of other cryptos

Once you have BTC, you find the crypto that interests you (usually on the main page using the search engine). Then, you should look at the BUY window. You put there the amount with which you want to play games with crypto and how many pieces you want to buy.

Few hints on how to play games with crypto

Remember that this is a stock exchange, so you set the price yourself, and with each exchange, you pay a fee. Therefore, it is not worth exchanging cryptocurrencies a dozen times a day.

It is worth to play games with crypto on the low rates. Looking at the graphs you see such a red, long candle and you see that the rate is lower than in the last few hours.

If you want to buy something immediately, then use the market prices, and you can even set a very attractive price, which someone will buy instantly.

You can also get familiar with trading, another way to play games with crypto. It means constant buying and selling due to reading a chart or information you get from someone.

When you buy / sell something, you have a bookmark in the stock exchange where you have your orders and transactions.

Remember that for each cryptocurrency you have different wallet address! For example, if you want to transfer BTC from one exchange to your wallet on the second stock exchange, you must use address pairs BTC -> BTC. Committing an error here can be very expensive!

How to play games with crypto? It’s still the beginning

In order to successfully invest in cryptocurrencies, you still need many skills and information, but at the beginning learn our introduction and understand the principles of registration and basic transactions. With time, everything will become simpler and simpler. We strongly encourage you to learn in practice how to play games with crypto!

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Cryptocurrency

Russia to formulate new legislation on cryptocurrencies

Niji Ng

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Russia to formulate new legislation on cryptocurrencies
Image Source: usethebitcoin.com
Reading Time: 1 minute

 

The Russian Parliament Duma is likely to consider a new legislation on cryptocurrency in the coming winter. Anatoly Aksakov, the State Duma Committee head on the Financial Market, said that the parliament will consider a new regulatory bill to monitor the cryptocurrency circulation in the market space in January or February

He said: “The long-awaited law on digital financial assets is in the GPU for approval … It is in conjunction with two others: the law on the regulation of investment platforms or crowdfunding and changes to the Civil Code. We agreed that the law on digital financial assets should be adopted along with these two legislative acts … Judging by the information that I have, this is January-February. Most likely, February, of course. Consideration of all three bills should pass,” he stated.

Earlier last year, the lower chamber adopted the first reading of digital assets bill, which was introduced by the Federation Council members with Aksakov as the head and the deputies of State Duma. However, his statement suggested that this time in February the law would be framed in such a way that it administers crypto activities in the insurance and banking sectors.

 “The next law from digital is a bill regulating the activities of electronic platforms, in use, the marketplace. I submitted this bill to the State Duma for consideration at the end of December. We have a plan to adopt this law by February 15 in order to launch a pilot project about 20 credit institutions and the Moscow Stock Exchange are preparing, “he said.

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Asia

CoinPoint continues its global expansion by signing new deals in the Asian iGaming market in 2019

George Miller

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CoinPoint continues its global expansion by signing new deals in the Asian iGaming market in 2019
Reading Time: 2 minutes

 

It’s a beginning of a very successful year for CoinPoint Group INC. CoinPoint is a leading multinational premium digital marketing agency, with outstanding place on the global blockchain and crypto map since 2013.

CoinPoint a well-known partner within the iGaming business, as it has helped dozen of igaming companies achieve amazing results and exponential growth in their business, while first integrating blockchain into their model and helping operators position themselves better in the market.

Asia, being the major and one of the biggest markets in terms of iGaming for all sectors including live dealers, sports betting and table games, is in a dire demand for new technologies and solutions and also professional and experienced partner to advice on the right marketing approach in such a dynamic and demanding industry. By participating in one of the biggest Asian iGaming events in March 2019, CoinPoint is aimed at confronting these demands and further assist the most aspiring projects in the industry reach the well-deserved prominence.

Denitza Alexieva, Head of Marketing of CoinPoint Group INC. underlines:
Asia is a complex market and our clients recognized they needed a professional agency with global experience and a strong network of local partners. CoinPoint has been in this market since 2013 and it helped numerous platforms, providers and operators implement crypto solutions throughout the years. We see Asia as the leading market to implement blockchain technology into iGaming businesses. We at CoinPoint keep bestowing our blockchain and crypto knowledge to them, so that they can keep up the pace with the latest blockchain trends.

EOSBet is the first fully-licenced and provably fair on-chain casino whose marketing campaigns and Asian market reach is successfully put through by employing CoinPoint’s remarkable strategies and network of connections. EOSBet is currently ranked as no.1 Gambling dApp on ample of dapp reviews, and has seen its user-base grow significantly, especially those from Asian countries.

“We’re very excited about CoinPoint’s expansion into the Asian iGaming market. The vast majority of our traffic comes from Asia, so it’s important to have a strategic marketing partner in the region. Players in the Asian market have a strong understanding of the benefits that blockchain technology brings to the gaming industry, especially with regards to provable fairness and new token economies”.

Similarly, we are lending RWB solutions international a hand in crypto implementation and integration especially in Korean and other Asia-Pacific countries. The immediate upshot of our consultation is an emergence of Asian-based iGaming brands which started optimizing RWB’s resources to the best of their capabilities.

Miscellaneous clients operating on the Asian market, have been added to CoinPoint portfolio, but can’t be quoted because of signed NDA. The majority of CoinPoint’s clients spring from dApp and payment solution industries.

Nowadays and further down the road into 2019, CoinPoint is, and will be, working more with Asian clients and partners to present, implement and monetise blockchain solutions, together with dApps technologies, advanced acquisition channels, hosting and CDN prioritization, new age of gaming solutions, P2P sports betting and many more.

If you are interested in discussing our capabilities and outreach in Asia, you can contact us on sales@coinpoint.net .

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Cryptocurrency

Secure Trading Group joins hands with Bit4.Sale

Niji Ng

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Secure Trading Group joins hands with Bit4.Sale
Image Source: crypto.ch
Reading Time: 2 minutes

 

The UK-based Secure Trading Group has signed an agreement with cryptocurrency exchange Bit4.Sale for providing payment solutions. The deal will ensure a seamless checkout experience for the customers of Secure Trading Group with the help of 3D Secure technology.
Bit4.Sale makes use of sophisticated technologies, aiming to deliver the best customer experience so everyone wanting to buy cryptocurrencies can do it with ease. Barriers to transactions were eliminated, making them as fast and efficient as possible. Bit4.Sale offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash and pays securely with their debit and credit cards.

Bit4.Sale’s cryptocurrency exchange places a huge emphasis on security and the creation of a safe, secure and reliable environment for the transferral of digital assets via their web interface. Secure Trading Group calls upon cyber security sister-company Cyber1 for security solutions, meaning that Bit4.Sale’s platform will be resilient to even complex, multi-layered threats.

“Bit4.Sale are new to card payments, and Secure Trading/acquiring.com’s proven expertise makes them the perfect payments providers to help us take our first steps in this area,” Aleksei Kriachkov, the owner of Bit4Sale said. “As a new company, we want to choose only service providers with prominence in the Blockchain and crypto sectors, and this relationship will ensure that. Having said that, this partnership will help us deliver the best possible experience to our customers. The process of purchasing Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash from our cryptocurrency exchange is secure and seamless. All our clients need is to register on the exchange, verify their identity, which has been set up in a user-friendly and easy way, and place their first order!”

“We pride ourselves in providing fantastic technical and personal support; our UK-based Support and Account Management teams are experts in the payments landscape, and Bit4Sale will benefit hugely from this,” Craig Brightly, head of sales at Secure Trading added. “We are continuing to grow our influence in the crypto sector, and exciting, ambitious crypto companies such as Bit4Sale help us to do this.”

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