Category:

Bitcoin

Hello cryptocreedians, Here you will find all types of articles that are related to bitcoin specific and related to cryptocurrencies. Keep learning and earning.

Pros and Cons of Betting Online: Cryptocurrency Betting

by cryptocreed October 26, 2023

written by cryptocreed

Online betting can be a fun little hobby and a great way to earn a few extra bucks in the process. Many players are moving on from traditional on-the-ground casinos and betting online, usually using mobile apps to do so.

There are both upsides and downsides of betting online that players should take into account before trying to do so. It’s in many ways similar to betting in any other casino and the rules and odds of winning are exactly the same in most cases.

Convenience

Betting online is convenient and simple. All that a player needs is an internet connection and a mobile device. All the games and tournaments are available just as when you’re betting in a real on-the-ground casino, without having to leave your home.

The payments both to the casino account and from the account to your bank or a card can also be made online and with nothing but a mobile device such as a phone. It’s also possible to bet big in high-roller establishments as well in the low-stakes casinos.

A Variety of Options

There’s a great variety of options when it comes to betting online. Casinos you can use online allow betting using cryptocurrency or traditional fiat money. It’s also possible to play almost any game against opponents of a differing quality.

That’s why players should carefully study the casino before they use them. Among the top 10 casinos accepting BTC, there’s a great variety when it comes to the odds, size of bets, and types of games you can try. It pays off to carefully compare and contrast these casinos before choosing which one to use since it allows players to find a better service.

Bonuses and Promotions

Online BTC casinos provide a variety of bonuses and promotional offers. These are made to help new players bet with fewer risks involved and to keep the players loyal. The bonuses come in many different forms but the most common are match deposits and free spins.

Bonuses can be very useful to players, but they are not free money and players should be aware of it. Instead, players who plan to bet online should read the fine print when it comes to bonuses. They are often tied to wagering requirements that the players need to fulfill before they can use a bonus.

A Lot of Information

Online BTC casinos are very open and transparent about the inner mechanics of their odds. This is especially true for casinos that use cryptocurrencies since it has an open code that any player can inspect. This is a huge benefit to players who know how to take advantage of this information.

There are also online reviews that players can use to learn more about the casinos they plan to use. It’s imperative to carefully study the online reviews, and the odds offered by casinos themselves and to make sure a casino is properly licensed before using it.

Privacy

Bitcoin online casinos provide players with an option to bet without providing any personal information. This is possible because cryptocurrency doesn’t rely on any centralized financial institutions. The player needs to provide an email address connected to their crypto wallet. Today, when almost all of our online interactions are recorded, this has become an important feature.

Players should keep in mind that this may change soon as more countries are regulating the use of cryptocurrency. Some countries have already instituted “know your customer” laws that require the players to provide the casinos with their real names before signing up for an account.

Additional Risks

Gambling always comes with some risks and all the games have an edge in favor of the casino. However, betting in online crypto casinos comes with additional risks. Players can use these casinos from anywhere in the world and they usually don’t have a center of operations. The value of cryptocurrency is volatile, which presents another level of risk to take into account.

Players who plan to bet online using Bitcoin should carefully choose the casino by paying attention to the online reviews and only using the casinos with proper licenses. It’s also important to be aware of the cryptocurrency market and its fluctuations.

Regulations and Scams

Many BTC casinos offer their services without the proper license and regulations. These often provide better odds and larger bonuses as a way to attract players. However, it’s better not to try your luck with unregistered BTC casinos and to stick with the ones that can provide proof they have the proper license.

At the same time, stricter regulations provide additional issues for players. In some cases, players will have to provide their real names before using a casino. Additional regulation costs also mean that players will have to cover some of it, through higher fees or worse odds.

Lack of Personal Interaction

Online Bitcoin casinos do what they can to mimic the look and feel of visiting an actual casino. However, they do lack personal interaction since you’re betting against the casino. Even the games that you play against other real players online aren’t the same as sitting across them in an on-the-ground casino.

This isn’t as fun and it can be alienating for some players. That isolated feeling can also lead to mistakes when it comes to gambling practices. Isolated players tend to make large bets, manage their bankroll less responsibly, and lose more in the long run.

Ease of Spending

It’s relatively easy to spend money on online casinos. Cryptocurrency casinos are easy to connect with an e-wallet. The funds can be transferred to and from your wallet right away and there are no fees to pay. This means that a player can add more funds any time they lose.

This can be a problem if you start chasing your losses and adding more funds. That’s why it’s important to set up bankroll management practices and stick to them. These include stop losses that will sign you out of an account once you’ve reached the amount you plan to spend.

Technical Problems

Online BTC casinos sometimes experience technical issues. The establishments don’t have a base of operation and if there are more players than usual, the infrastructure may not be able to handle it. Things also get missed and overlooked and this can be frustrating for the players.

Online crypto casinos offer customer support to address this issue. Players can contact the support via different channels and at any time. Good casinos have a staff of experts who can address the issues quickly. However, players should be prepared for some delays and frustrations.

Conclusion

Online betting is gaining ground and soon cryptocurrency casinos operating on mobile devices will be more popular than on-the-ground casinos. They offer the same games and the same odds as real casinos but are more convenient and less expensive to run and operate.

Betting online comes with its downsides as well. Players using them sometimes face technical problems, it’s easy to overbet and overspend when all the transfers are made online and in an instant and there are a lot of online casinos that aren’t reputable and safe to use.

With the rise of mobile devices, cryptocurrencies, and a tech-savvy player base online gambling will continue to grow.

October 26, 2023 0 comment

K1Pool Review 2024: Mining Crypto On K1Pool Is Profitable or Not?

by cryptocreed October 7, 2023

written by cryptocreed

If you are mining cryptocurrencies then you might know about K1Pool or maybe you have heard about it. You are planning to mine your favorite coin using K1Pool? Then you need to know if it is legit or a scam.

In recent times K1Pool has made lots of noises and miners are checking for them but they are not sure if they should go with K1Pool or not hence we decided to bring K1Pool review for you.

In this K1Pool review, you are going to learn about K1Pool, who is behind it, fees, supported coins, features, legit or scam, and much more to know about them in this review.

Let’s start our K1Pool Review.

What Is K1Pool?

K1Pool is a multi-coin mining pool that aims to provide the easiest mining pool ecosystem for miners that can easily mine supported coins. The website says that it aims to develop a better and easy-to-interact interface for miners to choose & mine the coin they want.

It is compatible with Nicehash and MiningRigRentals. You can control your orders of Nicehash from your K1Pool dashboard. They do allow miners to do auto-switching ports for each algo. It can be best for Rentals, ASIC, FPGA, and GPU miners.

So who is behind K1Pool? It is not easy to know who is behind the K1Pool as team details are not shared just like any other pool.

How To Join K1Pool?

To join the pool you need to visit their website. On the homepage, you can find details like the Asign-up button, supports, list of coins that you can mine.

Click on the Create Account button. After that you will find the option to enter your name or username click on Continue to fill in the other options. You can also use other options to create an account which are Facebook, Google, and Yandex.

You can also find a login button that you can use to log in to your account.

Reward System

Miners need to know what reward system they are mining. K1Pool supports 3 different reward systems. Rewards are shared % wise in these different pools. SCORE system gets 60%, PPLNS 30%, and PROPDIF gets 10%.

SCORE:- Under this system, rewards are calculated on the basis of miners’ hash rate for the last 24 hours.
PPLNS:- Miners are rewarded according to the share in the last N shares of the pool.
PROPDIF:- distribution of the reward for the shares miner submitted in proportion to all shares submitted during each round (the time between one block found by the pool and the next) with network difficulty coefficient

Also Read: ETHW Mining Pools

Also Read: Top TonCoin Wallets

K1Pool Supported Coins & Algorithms

K1Pool has more than 7600+ active miners. Active miners are different from registered users. Active miners mean the number of miners who are currently mining any supported coins using the pool.

Following are the supported algorithm and coins that are supported under it.

Ethash:- Zilliqa, EthereumPow, OctaSpace
kHeavyHash:- Kaspacoin
KAWPOW:- Ravencoin and Neoxa
Etchash:- EthereumClassic
Equihash:- Komodo
Equihash 144,5:- BitcoinGold and BitcoinZ
Equihash 125,4:- Flux
Autolykos2:- Ergo
FiroPOW:- Firo
Sha512256D:- Radiant
NexaPow:- Nexa
EthashB3:- Rethereum
DynexSolve:- Dynex

K1Pool has different mining pool fees which vary for different coins. On average they do take 1% as a mining fee.

Top K1Pool Features

Following are the key features that put K1Pool on top of other mining pools and make it better for miners.

Auto Switching:- K1Pool allows miners to do manual or set auto switching between different coins and algorithms within a click.
One Wallet For Every Coin:- You don’t need to set up all your wallets before mining. When you register on K1Pool you automatically get a wallet that helps you to mine every coin to your wallet.
Set Your Wallet:- You can set your wallet address at any time and can withdraw your coins.
Anonymous Mining: In case you don’t want to mine on the K1Pool dashboard then you can choose to do anonymous mining without registering to them.
Servers:- You can find servers from Europe, USA, and China.
Reward System:- You can mine coins in three different reward systems.
Telegram Bot:- Miners will get notifications on offline workers and block found, etc.
MultiLanguage:- More than 10 different languages are supported.
Nicehash Compatible:- It offers the whole Nicehash to your K1Pool dashboard.

K1Pool Legit or Scam?

If more than 7000 miners are using the pool then it is definitely legit, trusted, and safe as well. I did some research on search engines and rarely found negative reviews. Some users reported not getting rewards but it was an old post and sometimes it happens with the dashboard interface.

You can try K1Pool to mine your favorite coins. You can also share your reviews in this K1Pool review article through comments.

October 7, 2023 0 comment

Bitcoin Cryptocurrency

How To Pick Cryptos For Investment In 2023

by cryptocreed September 15, 2023

written by cryptocreed

Numbers don’t lie and so far, the numbers say that cryptocurrency is a solid investment. Bitcoin, for example, was crowned the top investment vehicle for the 2010s, beating out both gold and traditional stocks. Needless to say, many more investors are adding cryptocurrency to their portfolios.

But the thing about the crypto world is that there are so many tokens in existence. At any given time, there are thousands of cryptos in the market and if you’re looking to invest, you might be a bit confused. So how do you pick the right crypto for investment?

1. Consider Use Cases

Few things predict the longevity of a cryptocurrency like the use cases that are attached to it. Use cases, in this sense, refer to the things you can do with both the token itself and its underlying blockchain. XRP, for example, sees widespread use for settling cross-border payments. Ethereum the blockchain also sees a lot of use in the DeFi, NFT, and D’App sectors and this trickles down to its native token.

You see if a blockchain or a token are constantly being used, there will be demand for them. And if there is demand, the price will rise and stay high and this is good news for you as an investor. So when you first begin considering a cryptocurrency as an investment, ask yourself what its use cases are.

This is not usually difficult to find out. You can visit the project’s website and look at its whitepaper or ‘About page’. Also, Google the project and look up interviews with its team that discuss how the token or its blockchain will be used. If it seems to have viable use cases, then it might be a good investment. If not, you best be cautious.

2. Old vs. New

When choosing the most effective coins to purchase, you have to strike a balance between newer cryptos and those that are tried and tested. The benefit of the older cryptos like ADA and BTC is that they have survived countless crypto winters and industry shifts and have mostly proven themselves in the market.

As such, many investors are less wary about them being inauthentic or unstable investments. On the other hand, there is a benefit to investing in newer tokens. Many crypto investors are always on the lookout for the next big token and hope to invest in it before it takes off. Some of the earliest Bitcoin investors became millionaires after the token took off and many are trying to re-create the same success with newer tokens.

When picking a crypto to invest in, you will have to consider whether it is an older token that has survived the market for a long time or a newer one with a lot of potential. If it is the former or the latter, it is still worth carrying out due diligence about its use cases and other factors to make sure it is right for you.

3. Price History

While no one can fully predict the future, looking at a token’s price history can give you an idea of what its price trajectory might be. This is because crypto market forces often cause patterns to emerge within the price movements of tokens in the market. For example, you see from looking at the price history of Bitcoin and Ether that they saw major price slumps several times over the years due to crypto winters and spiking soon after.

Looking at Bitcoin, you’ll also see that it usually sees a price spike just after it completes a halving. So if you were investing in either of these tokens, you should have an idea of how likely they are to bounce back after a slump and when they tend to see declines. So, when looking for crypto to invest in, look into its price history and consider if it is promising.

How to Pick Cryptos For Investment in 2023 If a token has seen ups and downs, you know that there will be some volatility involved. At the same time, if the token has seen a sharp decline from its peak and shows no signs of a recovery then you might want to proceed with some caution.

4. Community Opinions

The good thing about the crypto space is that it is a very social one and there is no shortage of opinions and recommendations on what tokens to try and why they are worthwhile. For many crypto investors, staying tapped into the community is a way of finding the next big things to invest in.

So, when thinking of a crypto to buy, look towards the community for some ideas. These include Twitter/X accounts that discuss crypto, blogs, Telegram groups, Subreddits, and much more. If you notice the same token organically being recommended in multiple circles, you might want to give it a closer look.

At the same time, it is best to apply caution. Those who run pump-and-dump schemes often try to use these crypto communities to push their fraudulent projects. This is why you should make sure that the projects are being organically endorsed by the community and not based only on paid promotions.

Consider what exactly people are saying about the token; are they explaining its use cases and security and why it has value to offer? The crypto world is full of hyped but empty projects so make sure you do your due diligence.

5. Consider the Team Behind It

Some of the most successful crypto projects have one thing in common, which is that they have a team of passionate experts behind them. Cardano, for example, was founded by one of the people who had founded Ethereum years before and who is a computer scientist. Because there are fewer barriers to entry within the cryptocurrency industry, many unqualified and unscrupulous people are launching their own crypto with no worthwhile plans.

So when you’re considering investing in a crypto, look into its founders and the team behind it. What are their backgrounds? Do they have expertise? Have they fronted successful crypto projects before? A well-qualified and experienced team is more likely to have created a crypto that is worth investing in.

If the team has no technical expertise or this is their first project, you should be cautious if you choose to invest. If the project has a completely anonymous team then you should be very cautious. While Bitcoin’s founder is unknown and has gone on to become a global success, don’t count on the same happening for a new project in 2023. All in all, make sure you carry out due diligence on the team.

6. Staking Potential

Cryptos that are based on a proof-of-stake consensus can be staked for interest. For crypto investors, especially those who HODL, this can be a way to earn passive income. So, if you’re looking to invest in cryptos, you might want to consider the ones that have a proof-of-stake consensus and perhaps create another crypto income stream.

Most times, you can find out if a token can be staked by searching online or reading its whitepaper. If it is, it could be an added benefit of investing in the token, though not the only reason you invest.

September 15, 2023 0 comment

Reviews Trading

ZuluTrade Review – An Advanced Copy Trading Platform

by cryptocreed August 10, 2023

written by cryptocreed

People in the online trading world often use the phrase technological advancements with little consideration. Many investors believe that the platforms they sign up with are the epitome of cutting-edge technology.

However, once you witness how ZuluTrade has revolutionized the world of online trading through its copy trading firm, you will have a completely different perspective. Copy trading is particularly appealing to new investors who are essentially investors at this stage.

It involves these novice investors connecting with seasoned leaders and emulating their trades, thereby capitalizing on their expertise and experience. Continue to read this ZuluTrade review to learn about what this platform has to offer.

ZuluTrade Dashboard

A Platform with a Vast Network

When stepping into the world of online trading, your first task is usually to locate an online broker who can grant you access to the markets and equip you with essential trading tools. However, what if you find yourself in the initial stages of your investment journey without having yet aligned with a broker? This is where signing up with a copy trading platform like ZuluTrade can prove to be helpful.

This extraordinary social trading network boasts an impressive roster of reliable brokers. Once you have established a trustworthy connection with one of these brokers, you will be able to access a world of features and opportunities. The sheer convenience of this platform is eliminates the need for a prolonged process that could span weeks, if not months, to find a reputable broker.

Let’s face it—the internet is full of unreliable entities that may attempt to defraud unsuspecting individuals, putting their hard-earned funds in danger. However, by utilizing the copy trading platform offered by ZuluTrade to connect with a broker, you can bypass this potentially risky ordeal altogether.

A Suitable Option for those New to Trading

When you engage in trading, you will inevitably face a certain level of risk. However, copy trading offers a remarkable advantage by effectively managing the risk of potential financial losses. It’s worth noting that relying solely on your own skills could potentially result in monetary setbacks. Once you have a basic understanding of how trading works, you can begin your journey with ZuluTrade.

From there, you can entrust the trading responsibilities to skilled leaders, freeing yourself from the day-to-day decision-making. With a diverse selection of leaders available, you have the power to choose wisely. What’s truly remarkable is that you are not obligated to select leaders randomly. You have the privilege of examining their profiles and observing their trading styles. This empowers you to make an informed decision, ensuring that the leader you ultimately select aligns perfectly with your well-defined strategy.

ZuluTrade Copy Trading

Is this a Free-to-Use Copy Trading Platform?

If you are planning to sign up with this copy trading platform, you’ll be glad to discover that there are no subscription fees or membership costs involved. When you pick to trade with selected brokers on their platform. It’s a hassle-free process, allowing you to dive right into the world of online trading. However, it is crucial to bear in mind that forex copy trading does entail certain trading fees, along with spreads and commissions imposed by brokers.

Once you start exploring the opportunities presented by the platform, you can do so without any additional financial burdens tied to subscriptions or memberships. This inclusive approach ensures that you can access the platform’s functionalities and resources without any hindrances. By keeping these aspects in mind, you can navigate the world of online trading with confidence and make informed decisions regarding your trading journey.

Excellent Customer Support

This platform truly excels in its commitment to customer support, offering a diverse range of options to cater to various preferences. So, if you have any account requests or encounter technical issues, assistance will only be a click or call away.

When it comes to contacting the support team, you can choose live chat or phone calls, both of which are available 24 hours a day, 5 days a week. These features ensure that you can reach out and receive timely assistance whenever you need it most.

But that’s not all – ZuluTrade goes above and beyond by providing additional avenues for support. You can also rely on their responsive email support, available in over 20 languages. Furthermore, the platform’s user-friendly website offers a seamless experience, enabling you to submit feedback effortlessly through an online form or by selecting the contact us option.

To cater to a diverse user base, the platform’s website is thoughtfully designed to accommodate multiple languages. This inclusive approach ensures that users from various regions can navigate and interact with the platform comfortably.

ZuluTrade customer support

Final Thoughts

When it comes to the realm of copy trading, ZuluTrade stands tall among the finest platforms available. Its features have the potential to significantly enhance your trading endeavors, offering a sense of reassurance once you grasp how they can work in your favor. By harnessing the power of copy trading and the trading tools that this platform offers, you can unlock a wealth of benefits that can truly make a difference in your trading journey.

August 10, 2023 0 comment

AltCoin Bitcoin Wallet

Maiar Wallet Review: Maiar Is Now XPortal Powered By Elrond

by cryptocreed August 3, 2023

written by cryptocreed

Heard lots about Maiar but don’t know if they are safe or not. Then don’t worry here we bring Maiar wallet review for you.

We know there are many types and numbers of wallets available in the crypto market each wallet comes with its best features and some offer better user interface or design.

So, what makes Maiar a good wallet? But before that is Maiar wallet safe or not? Who is behind Maiar’s wallet? How to use it? What is XPortal? and much more to know in this Maiar wallet review article.

Also, we are going to check how you can earn free coins or tokens using your Maiar wallet.

Join using our link and get $5 as a bonus.

What Is Maiar Wallet? Who Founded It

Maiar is an Elrond blockchain-based cryptocurrency wallet that was founded to power up the use cases of EGLD coins in the crypto market.

It is important for new users to know that Maiar is now known as Xportal and Elrond is now known as MultiversX. So we are going to take new and old names in this Maiar review.

Maiar is developed by the Elrond team itself and supported by Elrond CEO Beniamin Mincu. It is a decentralized mobile-based cryptocurrency wallet that is focused on the Elrond blockchain only.

It is a non-custodial crypto wallet where users can deposit crypto, send crypto, transact crypto, farm, trade, stake, and much more to know.

You can use the Xportal wallet on your Android and iOS devices.

What Are The Requirements

Creating a wallet on Maiar or xPortal is required to have a mobile number and a safe mobile device.

Mostly newbies just create a wallet and leave it on their mobile but they never check if their mobile devices are safe to create a wallet or not.

So it is important to have a clean mobile device.

The number is necessary to create a wallet, you can log in to your wallet using your number but do not lose the secret phrase. Your secret phrase is connected with your number.

How To Create An Account/Wallet on Maiar/XPortal?

To create your account on Maiar or Xportal you need to have their app and a mobile number.

xPortal home maiar home

Download the mobile app from here and open it.

Click on Create New Wallet button

xPortal Create New Wallet

After that you have to enter your mobile number, it will automatically detect the country code if it doesn’t then you can manually do it.

After entering the mobile number you will receive OTP submit that OTP.

Maiar Enter Mobile Number

It will show the message that your account was created successfully. Click on the Enter xPortal button.

xportal Enter Mobile Number

Now it will ask you to create a new pin or skip this step. I do suggest entering the PIN for better safety.

After entering your PIN it will land on your dashboard and ask you to enable Biometrics login.

xportal review

Now you are on the Dashboard.

Now go to setting and securely save your Secret Phrase, this is very important. Note it will not allow you to take screenshots.

Features Of Maiar or xPortal Wallet

Now let’s check out their top features which make them a better crypto wallet.

Cool & Attractive Dashboard

Not every wallet comes with a high quality, informative, and attractive wallet dashboard. You can easily find what they have on their dashboard, for sure you have to move your eyes.

From your dashboard, you can go to every setting and feature of your wallet just with a single click.

Limited Networks

You can call this their choice or con but yes they are limited to 4 networks only it is Elrond, Bitcoin, Binance, and Ethereum. All tokens supported are on the Elrond network.

Tokens like MEX, Ride, USDC, and UTK are on Elrond.

Send Crypto

You can send crypto from the homepage option, on your dashboard you can click on Send button and it will bring you to Send page.

xportal send crypto

Here you have to choose the coin they support, unfortunately, currently, they only allow you to send 4 coins Bitcoin, EGLD, Ethereum, and BNB coin.

Choose the coin you want to send and Enter the amount you want to send, then click on the Continue button, and enter your PIN to send coins.

Receive Coins

Yes, you can send only 4 coins but you can receive 8 tokens or coins. These coins are EGLD, MEX, UTK, RIDE, USDC, BNB, Bitcoin, and Ethereum.

Maiar receive crypto

For your information, MEX, EGLD, URK, RIDE, and USDC are available on the ELROND Network only.

Buy Coins

You can buy the supported coins within an app by their supported methods. Each country has different options to buy Crypto in the USA you can use MoonPay, Trasak, and Ramp providers.

Buy Crypto using Maiar

As we know transaction fee on Network is quite low, but service providers’ fees vary from service to service between 2 to 4%, more or less.

Stake & Earn

The xPortal app allows you to stake your eGold coin to earn rewards. You can simply stake your EGLD coins when they accumulate you can Claim them or unstake them anytime.

You don’t invest in the Maiar app but they have integrated service providers for staking where you can stake. By staking you can earn up to 8% APR.

Access Elrond Dapps Using QR

Like Walletconnect and Metamask, you can use the Maiar wallet to access any Elrond-based Dapps. Click on the button shown in the image below and you can scan the QR code to access the app.

Complete Missions and Claim Mystery Box

Want to earn free EGLD coins? This is the best and easiest method to start hunting for free coins. In the Mystery box, you can earn up to 100 EGLD coins for free.

Each mystery box contains 1 EGLD or 25 EGLD or 100 EGLD.

Swap On Elrond

You can swap more than 20 coins & tokens. Simply click on the Swap button from the homepage, then choose the coins in which you want to perform swaps.

On the next page enter the amount you want to send. Confirm the swap and receive your coins instantly in your wallet depending on the network.

Latest MultiversX News

Within the app, they provide all the latest news and updates related to the MultiversX and Maiar projects. By moving to the Insider page you can find all these details.

Download Maiar Wallet

You can download xPortal from the Play Store, App Store, and App Gallary.

On the Play Store, they have more than 1 million downloads with a rating of 4.0 out of 5 from 9k reviews. Better rating on App Store, users rated them 4.6 out of 5 from 400+ reviews.

Also Read: List Of Best Dogecoin Paper Wallet

Also Read: 3Commas Review

Maiar Is Legit Or Scam?

They got their name changed, so xPortal is legit or a scam?

Their wallet looks cool and attractive and you can put your trust when the founder of one of the most trusted coins is supporting it or is part of it. But still, you can’t trust anyone with your money.

It is important to check what their users have to say, let’s see if they were part of any scam or not.

On ProductHunt, they have a rating of 5.0 out of 5.0 from more than 335 reviews. No negative reviews I found here but some of the users said that the functionality of the app is very limited. That seems true to me as well.

On JustUseApp, they have a rating of 4.6 out of 5 from more than 420 reviews. They have some negative reviews but they are negligible because most of the negative reviews are saying that the app is getting crashed.

When such reports are in fewer numbers then you can ignore them because the problem can be in the user’s mobile as well or a network issue but when this number increases then the problem arises but in this case, everything seems ok.

Conclusion

Maiar wallet is a legit wallet.

xPortal wallet is a legit wallet.

It is legit but they have limited use cases for a wide audience. You can use them only when you want to deal in Elrond. Because everything here moves around MultiversX. As safety is their first priority with design you can trust them with daily use cases.

Frequently Asked Questions

Is Maiar wallet free to use or not?

Yes, you can download their mobile app for free from respective stores and can use it for free.

Maiar is working in every country?

Maiar or xPortal can be accessed from anywhere but there are functions that you can’t use in the country when crypto is restricted.

Is Elrond’s network fee high?

Elrond is now MultiversX and their network fee is multiple times lower than BNB and Ethereum.

Can I stake EGLD using the Maiar wallet?

Maiar allows users to stake their coins and earn a high APR of up to 8.08%.

August 3, 2023 0 comment

Beginner’s Guide Bitcoin

Coinbase Learn & Earn: Coinbase Access Quiz Answer

by cryptocreed July 28, 2023

written by cryptocreed

Coinbase launched Learn & Earn for SHPING tokens. The SHPING Quiz Answers are shared here.

Access Protocol offers a new way for digital media publications and content creators to monetize their work. Instead of traditional subscription payments, users stake the ACS token to receive access to premium digital content.

Today, the Access Protocol is already integrated with Coingecko, The Block, Crypto Briefing, Wu Blockchain, Crypto Slate, AB Media, and other publications.

Access Protocol is a blockchain-based ecosystem for content creators and their fans. Learn how it works and you’ll earn up to $3 in ACS.

Join Coinbase using our link to get a free $10 sign-up bonus.

Things To Remember While Taking Coinbase Quiz

Learn and Earn page can be accessed here “https://www.coinbase.com/learning-rewards”.
Login to check if you are eligible or not.
Try to use a mobile device.
Questions will be not in the same format for everyone.
Rewards will get credited to your account within 48 hours.

Total reward: $3

Start & End Date: NA

What to do: Watch a video for a few minutes and answer 3 questions.

Coinbase Access Quiz Answer

1. What is Access Protocol?

Answer: A blockchain-based model and ecosystem for media monetization

Also Read: Best Ripple or XRP Wallet

Also Read: Coinomize Review One Of The Best Bitcoin Tumbler

2. How can users join creator pools on Access?

Answer: By locking ACS tokens in the pool of their choice

3. What are the 3 tools Access is building on top of the protocol?

Answer: Publisher, Community, Scribe

July 28, 2023 0 comment

Beginner’s Guide Bitcoin

Coinbase Learn & Earn: Coinbase Shping Quiz Answer

by cryptocreed July 28, 2023

written by cryptocreed

Coinbase launched Learn & Earn for SHPING tokens. The SHPING Quiz Answers are shared here.

SHPING (SHPING) is a cryptocurrency and operates on the Ethereum platform. SHPING has a current supply of 10,000,000,000 with 0 in circulation.

The last known price of SHPING is 0.00275677 USD. It is currently trading on 16 active markets. Currently, the coin is trading on two major crypto exchanges, Coinbase & Gate.io.

Shping was founded in 2017 to address the real disconnect between brands and shoppers. We’ve bridged that gap with an app ecosystem that encourages meaningful interactions and directly rewards brand loyalty with a cryptocurrency,

Join Coinbase using our link to get a free $10 sign-up bonus.

Things To Remember While Taking Coinbase Quiz

Learn and Earn page can be accessed here “https://www.coinbase.com/learning-rewards”.
Login to check if you are eligible or not.
Try to use a mobile device.
Questions will be not in the same format for everyone.
Rewards will get credited to your account within 48 hours.

Total reward: $3

Start & End Date: NA

What to do: Watch a video for a few minutes and answer 3 questions.

Coinbase Shping Quiz Answer

Must Read: PHEMEX LEARN & EARN: WHAT ARE CRYPTO DERIVATIVES (PERPETUAL CONTRACTS)

Coinbase The Shping Quiz Answers

Coinbase Shping quiz learn and the answer is here, they have just 3 questions and you can earn $3.

1. How can brands interact with consumers using Shping?

Answer: Brands can reward consumers for engagement.

2. SHPING rewards are indexed against which stablecoin?

Answer: USDT

After soft-launching in Australia, how many users has the Shping app grown to?

Answer: Over 300,000 users.

Also Read: BINANCE LEARN AND EARN: BINANCE TUSD QUIZ ANSWERS

Also Read: 3Commas Review

July 28, 2023 0 comment

Reviews

3Commas Reviews: It Is Legit Or Scam Automated Crypto Trading Bot

by cryptocreed July 20, 2023

written by cryptocreed

You are in love with automated cryptocurrency trading? If you are here then I am sure you are a crypto trader and might have already used a crypto-automated trading bot.

The simple use of automated bots is trading for you without you. You don’t need to perform a trade every single time manually but the bot will do that for you.

3Commas is one of the platforms where you can perform automated crypto trading actions.

This 3Commas review will guide you on how to use the platform, they are popular but are they legit or scams, available bots, user reviews, and much more to know before using the 3Commas crypto trading bot or platform.

What Is 3Commas?

3Commas is an automated crypto trading service provider started in 2017 by Yuriy Sorokin, Egor Razumovskii, and Mikhail Goryunov. It has headquarters or was founded in Tallinn, Estonia.

With 3Commas you can start your crypto trading bot and the platform will run a bot for you which will make trades for you it will minimize your trading risks, and allows you to trade without stopping, and copying others’ trade.

3Commas is a cloud-based crypto trading service provider where you can buy and sell cryptocurrency automatically anytime. They are already partnered with major crypto exchanges which allows you to trade on big exchanges without any issues.

Currently, they have more than 220K registered users and support more than 20 crypto exchanges.

Why Use 3Commas? Top Features

You must have a reason to use any platform using a random platform is not a good idea. So what makes 3Commas better? and why you should use it?

Platform features are the best way to know about the platform.

Automated Trading

Automated trading allows you to set up your automated trading strategies which can trade your coins as per your strategies created by you.

These types of bots run 24/7 as scheduled or set up by you. You can buy bots that are available on their shop or you can customize your own crypto trading bots.

Following are the bots that are available to perform automated tradings.

DCA Bots:- DCA bots or Dollar Cost Averaging Bots allow you to set your parameters and the bot will buy & sell within the parameters to make it possible.

Options Bots:- Options bots are widely used in stock trading. This might be riskier for newbies but those who are experienced know where the market is going.

Grid Bots:- Grid trading bots check the market of the coin, it trades the coin between trading grid bars. Trades have to set two prices at which the bot will perform trades. They have an AI-based trading strategy as well.

Manual Trading Also Known As Smart Trade

Manual Trading is popularly known as Smart Trade as well. 3Commas allows you to perform trade cryptocurrency on different exchanges through a smart trade terminal.

Buy and Sell orders can get open on different exchanges at one time in one window. There are some strategies you can use to place orders.

Smart Cover:- The market is not stable and it will not be stable for long so it’s good to make trades where you buy at low and sell at high.

Take Profit & Stop Loss:- This type of bot closes the deal when the indicated price reaches. Also deal gets closed when the price drops at or below-indicated value.

Sell At Multiple Targets:- Yes you can sell your coins at multiple targets. You can choose your own rate and check the price if it touches your price or not.

Portfolio Management

This is the most important feature for experienced traders as they usually check their portfolios. The person diversifies his portfolio to reduce their loss.

You can create your own portfolio with any coin that supports or is available on the platform. You can check the balance of your coins or portfolio by checking the ratio of the coins.

Users can also view the income of other 3Commas users and copy & edit coin ratios of someone else’s to their own portfolio.

Top Crypto Exchanges

3Commas supports more than 15 top crypto exchanges. Allows users to trade on multiple exchanges from one place. Exchanges like Binance, ByBit, OKX, Kucoin, Coinbase, Gate.io, Kraken, Gemini, Huobi, and others.

It is important to know that sometimes they stop supporting exchanges depending on the status of the exchange.

Trading View Support

Trading View provides vast numbers of charts with different strategies and flows with features. Users can use these trading view charts to analyze their trades and the crypto market to make their trading decisions.

3Commas Pricing – Membership Plans

3Commas has different plans from free to paid. If you are a newbie and want to try the platform first then you can create a free account and test their bots.

As mentioned on the website they do not have any hidden charges or extra fees to use the platform. Let’s check out the platform pricing.

Free Plan

You can sign up for free with a free plan and you can handle this account forever. You can access TradingView integration, Traders signal, Traders Diary, Notification to your browser-mobile apps-email-telegram, and API.

As of now new users in Free plan can get access to a premium subscription for free for 3 days.

Starter – $22 Annual Plan

You can access the Starter plan by paying just $29 per month in monthly plans or you can go with $22 per month with an annual plan.

Smart Trade, Demo Account, Terminal, Trailing, 1 DCA Bot, 1 Grid Bot, 1 Smart Bot, HODL Bot, 1 Options Bot, Futures, margin Support, Trading View, Portfolio manager, Notification, and access to API.

Advanced – $37 Annual Plan

This plan will cost you $37 per month with an annual plan and you can get this plan for $49 per month with the monthly plan. You will get access to features that come in the Starter plan plus unlimited DCA bot access.

Pro – $74 Annual Plan

The highly experienced or the person who is big amounts to trade should go with this plan. As this is the highest plan they offer. Everything comes in this plan from the advanced plan plus Unlimited GRID Bot, Options Bot, DCA Bot, and HODLE Bot

The 3commas Pro plan will cost you $74 per month with an annual plan and $99 per month with a monthly plan.

Binance Supports 3Commas

Binance is the official partner of 3Commas. The platform integrated Binance in 2017 and they come into an official partnership in October 2019. Users can easily trade on Binance through 3Commas.

If you don’t have Binance then you can create one using our referral link to save 40% trading fee. You might already have a Binance account but still you can join using our link to support us.

3Commas Customer Support

One of the most important points to check out on any platform is customer support. If the platform offers high quality and fast customer support then you should try them and might put your trust in them at first.

3Commas offers a live chat option where they claim that you will get a reply within a few minutes.

You can also visit their contact us page (https://3commas.io/about/contacts) and fill out the form to get answers to your questions.

They also mentioned their email address on the contact us page.

3Commas Is Legit or Scam? 3Commas Hacked

First, we are going to check users’ reviews posted by users on review websites.

On G2, they have a rating of 4.6 out of 5 from 2 reviews. There are no negative points to mention here.

On Trustpilot, they have a rating of 4.2 out of 5 from more than 1480 reviews.

We filtered negative reviews and found most of the negative reviews are talking about the Data breach. The one incident that shook 3Commas completely. No other major issues were reported by users.

On Play Store, they have a rating of 4.3 out of 5 from more than 15000 users. Major recent reviews are claiming that after the latest update, some features are not working for them like reporting.

3Commas API Breached Incident

3Commas is operating since 2017 and unfortunately, they faced one of the major crypto hacks. The positive point is that in the last 6 years, their system got disturbed only once. The major negative point is, that one incident causes the loss of more than $10 million from user accounts.

In December 2022 (specifically on 28th December) 3Commas got exposed to hackers through an API security breach. This security breach allowed hackers to access the API keys of more than 100,000 users.

At first, the founder and 3Commas team denied any such incident, even after several users reported and contacted them.

The worst part was the acceptance, the team and specifically the founder was not accepting their fault. In such a situation platforms and founders should give users hope that the “team is investigating if such an incident has occurred or not” but neglecting several users’ reports is a bad attitude.

Meanwhile, Binance founder CZ, in his tweet claimed that the issue is with 3Commas and not with exchanges.

Let’s understand in chronological order.

On 28th December, 3Commas got compromised. Immediately users started reporting.

3Commas Founder & team denied users’ allegations. Ironically team & founder said that users exposed their API through phishing or any other way.

On 29th December, Binance Founder CZ tweeted and said the fault is from 3Commas side.

After a tweet from CZ, the founder of 3Commas accepted that the platform was got compromised or there was a security breach.

After this incident, Founder CEO Yuriy Sorokin and his team introduced more secure features like Sign Center. In this users have to sign the transaction like they do in Metamask or any other web3 wallets.

Conclusion

After checking their features, platform, pricing, and security issues we can collude that the platform is now safe and trusted to use. Yeah like any other platform, 3Commas has faced major issues but this is forgettable on the mark of their availability.

Operating for the last 6+ years within one major incident is ignorable in my point of view.

July 20, 2023 0 comment

Bitcoin

Top Strategies For Crypto Trading

by cryptocreed July 5, 2023

written by cryptocreed

It is no secret that the crypto market is volatile. Because of this, you may be looking for a strategy that will help you maximize profits and minimize losses. The best thing about trading cryptocurrency is that there are always new strategies being developed to make it easier for traders to become successful.

In this article, we will discuss some of the most popular strategies used by crypto traders as well as provide our opinion on which one we think is the most profitable strategy on the market today.

What is a crypto trading strategy?

A crypto trading strategy is a systematic approach to buying and selling cryptocurrencies with the aim of generating profits, minimizing risks, and achieving specific financial goals. It involves a set of rules and guidelines that dictate when to enter or exit a trade, how much to invest, and how to manage risks. Crypto trading strategies can be based on various factors, such as technical analysis, fundamental analysis, or market sentiment.

One popular aspect of crypto trading strategies is “bot trading,” which involves using automated trading software or algorithms to execute trades on behalf of the trader. These bots can be programmed to follow specific trading strategies, enabling traders to capitalize on market opportunities without constantly monitoring the market. Bot trading can be particularly useful for strategies that require high-frequency trading, such as scalping or arbitrage.

Trading pairs are an essential component of a crypto trading strategy, as they allow traders to exchange one cryptocurrency for another. A trading pair consists of two assets, where one is quoted against the other, such as BTC/ETH or LTC/USD along with LUNA/USDT. By carefully analyzing and choosing the most suitable trading pairs, traders can optimize their strategies according to market conditions and their individual risk tolerance.

The best crypto trading strategies

Scalping

Scalping in crypto is a short-term trading strategy where traders make multiple trades quickly in a short period of time to get repeated profits. It involves taking advantage of small price differences to make profits.

Traders who use this strategy do not target massive profits at once; they rather try to make profits from small price movements over and over again. Scalping requires opening and closing transactions with high frequency, and the duration of such transactions ranges from several minutes to seconds.

Day Trading

Copy of Top Strategies for Crypto Trading

Day trading in crypto refers to a short-term trading strategy where traders buy and sell cryptocurrencies within the same day. The primary goal of day trading is to generate profits from the short-term price movements of cryptocurrencies. Unlike long-term investors, day traders do not hold their positions open overnight.

This strategy is particularly attractive to budding and part-time traders, as cryptocurrency markets are active 24/7, allowing traders at any level to find the time to trade. However, day trading crypto is a high-risk venture, requiring a deeper knowledge of cryptocurrency and blockchain technology to achieve consistent trading success.

Range trading

Range trading is a strategy that involves buying and selling assets within a specific price range. The idea behind this method is that you can profit from the difference between the highest and lowest prices reached by an asset during its trading session.

Range traders look for opportunities to enter into a position when they see their chosen currency pair (or stock, etc.) reaching new highs or lows in relation to another asset. They believe that there will be plenty of buyers at these levels, so they buy as soon as these levels are reached and sell after taking profits or waiting until prices return towards the middle of their predetermined range.

Breakout trading

Breakout trading is a specific investment strategy that involves monitoring the prices of various assets and watching for the moment when the price of an asset moves above or below a predetermined price range.

A breakout occurs when the price moves beyond a certain level, such as above a resistance level or below a support level. This indicates that prices may continue in the direction of the breakout, presenting potential profit opportunities for traders.

Breakout trading is often used by trend followers, CTAs, and market wizards, as it guarantees that traders catch every trend in the market. To successfully implement a breakout trading strategy, it’s essential to identify significant price levels, such as support and resistance, and monitor the market for potential breakouts.

Moving averages crossovers

Moving averages crossovers occur when two different moving average lines cross over one another. These crossovers can help traders identify the bulk of a trend, as they are a lagging indicator.

In a moving average crossover strategy, traders typically use two moving averages: a short-term moving average and a long-term moving average. When the short-term moving average crosses above the long-term moving average, it is considered a bullish signal, indicating that the asset’s price is likely to increase.

MACD

The Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two exponential moving averages (EMAs) of a security’s price. Developed by Gerald Appel in the late 1970s, MACD is designed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock’s price.

The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA, resulting in the MACD line. The MACD indicator also includes a signal line, which is typically a 9-period EMA of the MACD line. Traders use the interaction between the MACD line and the signal line to identify potential trading signals.

Inter-Exchange arbitrage

Inter-exchange arbitrage, also known as spatial arbitrage, is a trading strategy that exploits the price differences of an asset, like cryptocurrencies, across multiple exchanges. The primary idea behind inter-exchange arbitrage is to buy an asset on one exchange where the price is lower and simultaneously sell it on another exchange where the price is higher.

It’s worth noting that inter-exchange arbitrage opportunities can arise due to varying factors like differences in market participants, liquidity, and exchange-specific events. However, these opportunities are often short-lived, as the market eventually corrects the price discrepancies.

What To Look For in Choosing a Crypto Trading Strategy

When choosing a crypto trading strategy, it’s essential to consider several factors to ensure that the strategy aligns with your goals, risk tolerance, and trading experience. Some factors to consider include:

Technical analysis vs. fundamental analysis

Understand the differences between these two approaches and decide which one better suits your trading style.

Ease of use

Consider your familiarity with trading and select a strategy that matches your experience level.

Volatility

Cryptocurrencies are known for their price volatility, so choose a trading strategy that can take advantage of these price fluctuations.

Liquidity

Ensure that the chosen strategy can be executed on exchanges with sufficient liquidity.

Risk management

Assess your risk tolerance and choose a strategy that aligns with your risk profile.

Portfolio goals

Consider how the chosen strategy fits into your overall portfolio goals and investment objectives.

By evaluating these factors, you can select a crypto trading strategy that best suits your needs and helps you achieve your desired outcomes in the crypto market.

How to use crypto trading strategies

To use crypto trading strategies effectively, follow these steps:

Identify a suitable strategy: Research different trading strategies and select one that aligns with your trading goals, risk tolerance, and experience level.

Choose a reputable exchange: Find a crypto exchange with a suitable trading platform, adequate liquidity, and reasonable fees.

Learn technical and fundamental analysis: Understand the basics of technical and fundamental analysis to make informed trading decisions.

Implement risk management: Establish risk management practices, such as setting stop-loss orders and position sizing, to protect your capital.

Practice and refine: Use demo accounts or paper trading to practice your chosen strategy without risking real money. Continuously refine your strategy based on your performance and market conditions.

Remember that trading cryptocurrencies involves inherent risks, and it’s essential to stay informed and adapt your strategy as needed.

Conclusion

In conclusion, various crypto trading strategies cater to different types of traders, depending on their goals, risk tolerance, and trading experience. It’s essential to choose a strategy that aligns with your objectives and risk tolerance. Always practice risk management, stay informed about market developments, and continuously refine your trading strategy to adapt to changing market conditions.

July 5, 2023 0 comment

Bitcoin Cryptocurrency Reviews

CryptoMixer Review: Oldest Bitcoin Mixer Is Still Legit Or Scam

by cryptocreed June 27, 2023

written by cryptocreed

CryptoMixer is one of those Bitcoin mixers that was launched with the aim of providing better mixing service to the Bitcoin holder. But nowadays most of the Bitcoin tumblers are getting launched with the aim of scamming people or making profit only.

There are many Bitcoin Mixers on the internet but there are very limited numbers of Mixers that are active for such a long time. Here is the comprehensive list of Bitcoin Mixers.

CryptoMixer is there since 2016 and it is not possible for the company or platform to run for such a long period of time without any allegations. Some users reported that they got scammed by CryptoMixer.

In this CryptoMixer review article, we are going to see some basic details of ChimpMixer, fee structure, whether it is a scam or not, and much more to know.

What Is CryptoMixer Tumbler?

CryptoMixer.io is a Bitcoin Mixer or Tumbler that was founded in 2016 with a massive Bitcoin reserve of more than 2000 BTC. It is the only mixer that has such a big amount of BTC in their reserve and they shared this info in public.

The team launched CryptoMixer with the aim of providing a safer and easy Bitcoin Mixing service with complete anonymity and fresh coins. It leaves no footsteps behind so you don’t have to worry about fresh coins.

You can mix any amount of Bitcoin using CryptoMixer as they have a reserve of over 2000 BTC so you have a chance to get your up to 2000 bitcoin mixed and get fresh coins.

Since their launch, they have proven their legitimacy by actively providing support through the BitcoinTalk forum. They have shared their reserve details on the Bitcointalk thread here proof links 1, 2, 3.

CryptoMixer Features

Before using any mixer it is important to know why you should use them. What makes them special? Features. You should check the features of the services first.

So let’s check out the features which make CryptoMixer better.

Bitcoin Reserve

This is not a feature but this is what makes them interesting. They have a reserve of up to 2000 BTC and they even shared the proof of the same. The minimum amount to mix is just only 0.001 BTC and can mix any amount till their reserve.

Best Security

The servers of CryptoMixer are using advanced encryption methods to secure all the data stored on the server. Also, it gets deleted after some time span. Users also get a unique code with their first deposit which keeps them away from previous addresses.

Fewer Fees & Fast Process

The minimum fee you have to pay to use the platform is just only 0.5% plus 0.0005 BTC as a miners fee. The fee is quite lower in comparison to some other Bitcoin mixers. Letter in this article we will check out the detailed fee structure.

Mobile Friendly

Most of the mixers are just desktop friendly but CryptoMixer allows you to use them on any device whether it is mobile or desktop.

Other Features

Some of the other features which you should be aware of.

Custome time delay
Add up to 10 output addresses
Calculator to calculate the fee
Tor supported Cryptomixer review

CryptoMixer Fee Structure

The minimum fee for mixing is just 0.50% and plus you have to pay 0.0005 BTC as a miners fee. The more you mix the less fee you pay.

Check out the table below to get an idea of how much you can save. The mixed amount means the total amount of bitcoin you already mixed. They check it through your code.

Mixed amount	Min service fee	You save
1 – 10 BTC	0,45%	up to 0.005 BTC
10 – 50 BTC	0,40%	up to 0.05 BTC
50 – 100 BTC	0,35%	up to 0.15 BTC
100 – 1000 BTC	0,30%	up to 2.00 BTC
1000 BTC and more	0,25%	2.50 BTC / $3000+

CryptoMixer Is Legit Or Scam?

CryptoMixer is without any doubt one of the trusted Bitcoin mixer service providers. On Trustpilot, you might have seen negative reviews but they are not accurate. It seems users got interacted with scam sites.

Also, on the BitcoinTalk thread they have only positive reviews. One of their users reported on a thread that he lost around 81 Bitcoin but now it seems the team has solved the problem and reportedly returned the amount to the user.

You can reach that matter here on BitcoinTalk.

If you are reading reviews on different websites and going through the link that they or users provided in their review then stop now. Only visit the link shared by their official BitcoinTalk thread.

Official Cryptomixer.io Links

Website Link: https://cryptomixer.io

Ann Thread: https://bitcointalk.org/index.php?topic=1484009.0

Twitter Page: https://twitter.com/cryptomixer

Scam Websites

There are many scam websites or links roaming on different websites and also on Google and other search engines. So it is important for you to know about scam sites.

One of the users reported that he send a bit amount of Bitcoin to phishing websites because it was at the top of the search list on Google.

The list is shared on the official thread.