Top NFT Collections: Top Picks Guides - NFT Evening https://nftevening.com/learn/top-picks/ Cryptocurrency, Blockchain, NFT News Sun, 18 May 2025 16:53:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://nftevening.com/wp-content/uploads/2024/05/cropped-favicon-32x32.png Top NFT Collections: Top Picks Guides - NFT Evening https://nftevening.com/learn/top-picks/ 32 32 7 Best Crypto Exchanges in the Netherlands for 2025 https://nftevening.com/best-crypto-exchange-netherlands/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-exchange-netherlands Sun, 04 May 2025 14:15:28 +0000 https://nftevening.com/?p=151143 The Netherlands has a strong crypto market with several reliable exchanges. Choosing the best crypto exchange in the Netherlands depends on factors like security, fees, payment methods, and available cryptocurrencies. 

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The Netherlands has a strong crypto market with several reliable exchanges. Choosing the best crypto exchange in the Netherlands depends on factors like security, fees, payment methods, and available cryptocurrencies. 

Also, crypto exchanges in the Netherlands must comply with the Dutch Central Bank (DNB) regulations. This ensures user protection and a secure trading environment. This guide covers the best crypto exchanges in the Netherlands, key factors to consider, and how crypto tax works for Dutch traders.

List of the Best Crypto and Bitcoin Exchanges in the Netherlands

  1. Bybit: Best derivatives platform in the Netherlands
  2. Bitget: Best for Altcoin trading
  3. MEXC: Cheapest crypto exchange in the Netherlands
  4. Coinbase: Regulated Dutch trading platform
  5. Kraken: Safest crypto exchange Netherlands
  6. Crypto.com: Best crypto app in the Netherlands
  7. OKX: Best for advanced crypto traders

Best Crypto Trading Platforms in the Netherlands – Detailed Review

1. Bybit: Best derivatives platform in the Netherlands

Bybit: Best derivatives platform in the Netherlands

Bybit is our #1 choice as the best crypto exchange in the Netherlands. Launched in 2018, Bybit’s recent expansion into the Netherlands through “Bybit.nl” makes it a prime option for Dutch traders. 

In partnership with Satos, a regulated Dutch crypto service provider supervised by De Nederlandsche Bank (DNB), Bybit ensures full compliance with local laws. This collaboration allows Dutch traders to deposit and withdraw EUR easily using popular methods like iDEAL with zero fees.

Bybit offers access to over 500 trading pairs, including popular cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), alongside a wide range of altcoins. It excels in derivatives trading, providing futures, perpetual swaps, and options with up to 100x leverage. The platform also features a “One-Click Buy” option for instant crypto purchases with competitive rates. Additional tools like trading bots, staking options, and a Web3 wallet are also available.

Pros of Bybit

  • Bybit offers over 500 trading pairs for diverse options
  • It supports euro deposits via iDEAL with no fees
  • The platform provides up to 100x leverage on derivatives
  • Bybit.nl complies with Dutch regulations through its Satos partnership
  • Trading bots and staking add extra earning potential

Cons of Bybit

  • Customer support response time may vary during peak hours
  • Recently faced a $1.4B hack
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2. Bitget: Best for Altcoin trading

Bitget: Best for Altcoin trading

Bitget is another exchange that is best for crypto traders in the Netherlands due to its advanced features and user-focused services. It serves over 100 million users globally, including Dutch traders. The platform supports over 800 cryptocurrencies and more than 900 trading pairs, giving Dutch users plenty of choices like Bitcoin, Ethereum, and altcoins.

Bitget’s best feature is copy trading. This allows users to follow and copy the trades of successful traders, which is great for beginners who want to learn or earn passively. It also provides spot trading for direct buying and selling and futures trading with up to 125x leverage. 

Dutch traders can deposit and withdraw Euros for free via SEPA bank transfers. The platform’s mobile app is user-friendly, and Bitget prioritizes security with cold storage for funds, a $520 million protection fund, and regular proof-of-reserve updates. Trading fees are also low, or we can say quite competitive, starting at 0.1% for spot trades, and users get a 20% discount if they pay with Bitget’s token (BGB).

Pros of Bitget

  • Offers copy trading to follow successful traders easily
  • Supports over 800 cryptocurrencies for diverse trading options
  • Provides free Euro deposits and withdrawals via SEPA
  • Ensures security with cold storage and a protection fund
  • Features a user-friendly mobile app for trading anywhere

Cons of Bitget

  • Not registered with De Nederlandsche Bank for local regulation
  • Limited fiat deposit and withdrawal methods
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3. MEXC: Cheapest crypto exchange in the Netherlands

MEXC: Cheapest crypto exchange in the Netherlands

MEXC is the best exchange in the Netherlands, especially for those who value privacy with its no-KYC trading feature. This global exchange, founded in 2018 and based in Seychelles, allows users to trade without mandatory Know Your Customer (KYC) verification. You can sign up with just an email and start trading right away.

MEXC offers three account tiers: unverified, primary KYC, and verified plus. For unverified users, the platform sets a withdrawal limit of 10 BTC per day, which is generous compared to many exchanges requiring full verification. The exchange supports over 2,900 cryptocurrencies and more than 3,000 trading pairs, giving Dutch traders a huge variety to choose from. MEXC provides spot trading, futures trading with up to 200x leverage, peer-to-peer (P2P) trading, and copy trading tools. It also offers earning options like staking and savings products for passive income. 

The platform keeps trading fees very low, with 0.01% maker fees and 0.04% taker fees for futures, and spot trading fees at just 0.05%. MEXC operates smoothly in the Netherlands, supporting EUR deposits via SEPA transfers and credit cards. 

Pros of MEXC

  • MEXC offers no-KYC trading for privacy-focused users
  • The exchange supports over 2,900 cryptocurrencies
  • It provides low fees, like 0.05% for spot trading
  • Users enjoy up to 200x leverage on futures
  • MEXC allows 10 BTC daily withdrawals without KYC

Cons of MEXC

  • MEXC lacks regulation from the Dutch Central Bank
  • No-KYC trading increases money laundering risks
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4. Coinbase: Regulated Dutch trading platform

Coinbase: Regulated Dutch trading platform

Coinbase is another top exchange that earns trust with its registration at De Nederlandsche Bank (DNB), ensuring it has followed strict Dutch regulations since its approval in 2022. The platform provides a simple way to buy and sell crypto instantly using fiat currency, like EUR.

The platform supports instant buy and sell options with fiat through methods like iDEAL. You can deposit euros for free via iDEAL and trade over 200 cryptocurrencies. Coinbase also offers SEPA transfers and card payments, making it easy to fund accounts quickly. The exchange charges a fee of 1.49% for standard buy/sell trades, which is higher than some competitors, but the convenience of instant transactions balances this cost for many.

Coinbase stands out with its clean interface and mobile app. The platform ensures security with two-factor authentication (2FA) and cold storage for 98% of funds, keeping assets safe. Dutch traders enjoy staking rewards, earning up to 5% on assets like USDC.

Pros of Coinbase

  • Coinbase registers with De Nederlandsche Bank for legal compliance
  • The platform supports instant buy/sell with euros via iDEAL
  • Users trade over 200 cryptocurrencies quickly and easily
  • The exchange offers strong security with 2FA and cold storage
  • Coinbase provides staking rewards of up to 5% on assets

Cons of Coinbase

  • The exchange charges 1.49% fees for standard trades
  • The platform offers fewer crypto-to-crypto trading pairs
  • Basic mode lacks advanced tools for experienced users
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5. Kraken: Safest crypto exchange Netherlands

Kraken: Safest crypto exchange Netherlands

Kraken is the safest platform for cryptocurrency trading in the Netherlands. Founded in 2011, this exchange has built a strong reputation for security and reliability. It holds a registration with De Nederlandsche Bank and ensures it follows Dutch regulations for anti-money laundering and customer safety. Kraken serves over 10 million users worldwide, with a significant presence in Europe, including the Netherlands.

The platform offers a wide range of features for Dutch traders. It supports over 320 cryptocurrencies, such as Bitcoin, Ethereum, and many altcoins. Kraken provides free Euro deposits via SEPA transfers and supports iDEAL payments for quick funding. The exchange also includes advanced trading tools through Kraken Pro, like margin trading with up to 5x leverage and futures trading.

For beginners, the standard interface keeps things simple and easy to use. Kraken ensures strong security with 95% of funds in cold storage, two-factor authentication (2FA), and withdrawal whitelists.

Pros of Kraken

  • Offers over 320 cryptocurrencies for trading
  • Supports free SEPA and iDEAL payments
  • Provides strong security with cold storage
  • Includes advanced tools like margin trading
  • Features 24/7 customer support options

Cons of Kraken

  • Charges high fees for Instant Buy, up to 3%
  • Many new altcoins are not available for trading
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User Score

9.8

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6. Crypto.com: Best crypto app in the Netherlands

Crypto.com: Best crypto app in the Netherlands

Crypto.com is the best crypto app in the Netherlands. The exchange provides a wide range of features for users in the Netherlands. You can trade over 250 cryptocurrencies, including popular ones like Bitcoin and Ethereum. Crypto.com also offers a mobile app that makes trading simple and fast, even for beginners. 

The app includes a user-friendly design so you can buy, sell, or manage your assets with ease. For payments, the platform supports EUR deposits through SEPA transfers, which work well for Dutch bank accounts. It also offers a Crypto.com Visa card, allowing you to spend your crypto at stores with cashback rewards in crypto.

The platform uses cold storage for 98% of user funds, keeping them safe from hacks. It also adds two-factor authentication (2FA) to protect your account. For those who want to earn extra, Crypto.com provides staking options, where you can lock up certain coins to gain interest over time.

Pros of Crypto.com

  • The platform supports over 250 cryptocurrencies for trading
  • Users enjoy SEPA transfers for easy EUR deposits
  • The Visa card offers crypto cashback rewards
  • Cold storage secures 98% of user funds safely
  • Staking options let users earn interest on coins

Cons of Crypto.com

  • Trading fees start high for small transactions
  • High fees apply for non-staked card users
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7. OKX: Best for advanced crypto traders

OKX: Best for advanced crypto traders

OKX ranks as the top Dutch crypto exchange due to its advanced features and local support. The platform launched its services in the country in June 2024, offering Dutch users a reliable and secure trading experience. 

The exchange provides access to over 350 cryptocurrencies for spot trading. It also offers more than 60 trading pairs with the Euro, making transactions smooth for Dutch users. OKX integrates with iDEAL, a widely used payment system in the Netherlands. Users can also use SEPA for deposits and withdrawals, adding flexibility. The platform charges competitive fees, with a maker fee of 0.08% and a taker fee of 0.1%, which suits active traders.

OKX goes beyond basic trading. It includes advanced options like futures trading with up to 100x leverage and margin trading for those seeking higher returns. The OKX Wallet gives users full control over their assets and connects them to DeFi and NFT services. The exchange also features a decentralized exchange (DEX) and staking options for earning passive income.

Pros of OKX

  • OKX supports over 350 cryptocurrencies for trading
  • The exchange offers low fees, starting at 0.08%
  • It provides iDEAL for free, instant Euro deposits
  • OKX includes futures trading with up to 100x leverage
  • The platform has local Dutch customer support for users

Cons of OKX

  • OKX does not support some smaller local payment methods
  • Advanced features might confuse inexperienced crypto traders
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Best Crypto Exchanges in the Netherlands – Comparison Table

Exchange Supported Coins Trading Fees EUR Deposit Methods Licensed in the Netherlands?
Bybit 500+ 0.1% iDEAL (free), SEPA Yes (via Satos partnership)
Bitget 800+ 0.1% SEPA (free) No
MEXC 2,900+ 0.05% SEPA, Credit Card No
Coinbase 200+ 1.49% (instant buy/sell) iDEAL (free), SEPA, Card Yes (DNB registered)
Kraken 320+ 0.25% maker and 0.4% taker SEPA (free), iDEAL Yes (DNB registered)
Crypto.com 250+ 0.25% maker and 0.5% taker SEPA Yes
OKX 350+ 0.08% maker and 0.1% taker iDEAL (free), SEPA Yes

How to Choose a Crypto Exchange for Dutch Traders?

Accessibility

Accessibility is how simple it is for Dutch traders to get on the platform. The exchange must work in the Netherlands and follow rules from De Nederlandsche Bank (DNB). Some have Dutch language options, which is good if English is tough for you. See if it runs well on your phone or computer. A platform that’s hard to use or doesn’t let Dutch people join isn’t worth it.

Liquidity of Crypto Assets

Liquidity is how fast you can buy or sell crypto without price slippage. A platform with lots of traders makes trades quick and smooth. Dutch traders need this so they get the price they want. Look at the trading volume—more volume means better liquidity. A place with low activity can cost you money because trades take too long.

Customer Support

Customer support is how the platform fixes your problems. Good Support replies fast and knows what Dutch traders deal with. Some of the best crypto exchanges in the Netherlands give help all day through chat or email, which is handy for late-night trading. Try asking a question before signing up to see how quick they are. Slow or bad support can leave you waiting when you need help.

Trading Fees

Trading fees are what you pay to buy or sell crypto. Lower fees mean you keep more of your cash, especially if you trade often. For example, one platform might take 0.1% per trade, and another 1%. Look at fee details and if they drop when you trade more. High fees cut into what you earn, so find one that works for your wallet.

Payment Methods

Payment methods are how you put money in or take it out. The top preferred payment methods for Dutch traders are iDEAL or SEPA transfers, which are normal here. Some take credit cards but add extra costs. Make sure the platform uses euros (EUR) so you don’t pay to change money. If it has few ways to pay, starting or cashing out gets tricky.

Security

Security is how well the platform protects your money and details. Pick one with two-factor authentication (2FA) and most funds offline in cold storage. Dutch traders should go for exchanges tied to DNB for safety. Check if it’s been hacked before—skip ones with a bad past. Good security stops thieves from taking your crypto.

User Interface

The user interface is how the platform looks and feels when you use it. An easy layout helps you trade without getting lost, especially if you’re new. Some Netherland crypto exchanges have a simple version for new users and an advanced one for pros. Try it out—see if you can move around without trouble. A confusing setup can mess up your trades.

Reputation Amongst Dutch Traders

Reputation is what Dutch traders say about the platform. A solid one means it’s dependable and fair. Check what Dutch users say on forums or X for honest thoughts. A place with lots of gripes about delays or scams is a red flag. 

Available Cryptocurrencies

Available cryptocurrencies are the coins you can trade on the crypto exchange. Some Netherland trading platforms stick to Bitcoin and Ethereum, while others give hundreds of choices. The traders might want big names or new coins, depending on their plan. Look at the coin list.

How to Buy Crypto and Bitcoin in the Netherlands?

To purchase cryptocurrencies like Bitcoin in the Netherlands, follow these steps:

  1. Select a Reputable Exchange: Choose the best cryptocurrency exchange that operates legally in the Netherlands. Ensure the platform is registered with De Nederlandsche Bank (DNB) to comply with local regulations. Examples of such exchanges include Coinbase and Bybit.
  2. Create an Account: Visit the chosen exchange’s website and sign up for an account. You’ll need to provide personal information and verify your identity, typically with a valid ID and proof of address.
  3. Add a Payment Method: Link a payment method to your account. Most Dutch exchanges accept bank transfers, credit/debit cards, and other local payment options. For instance, Coinbase supports bank deposits and PayPal.
  4. Deposit Funds: Transfer euros into your exchange account using the linked payment method. Some platforms allow instant deposits, while others may take a few business days to process.
  5. Purchase Cryptocurrency: Once your account is funded, navigate to the trading section, select the desired cryptocurrency (e.g., Bitcoin), and enter the amount you wish to buy. Review the transaction details, including any fees, before confirming the purchase.

Dutch Crypto Regulations

In the Netherlands, cryptocurrency is legal and regulated primarily under the framework of anti-money laundering (AML) and counter-terrorist financing (CTF) laws. The Dutch Central Bank (De Nederlandsche Bank, or DNB) oversees the regulation of crypto activities. 

The Netherlands has implemented the EU’s 5th Anti-Money Laundering Directive (AMLD5) through the Dutch Money Laundering and Terrorist Financing Prevention Act (Wwft). This law requires cryptocurrency service providers, such as exchanges and custodian wallet providers, to register with the DNB if they offer services in or from the Netherlands.

The Netherlands is also aligning with broader EU regulations, such as the Markets in Crypto-Assets Regulation (MiCA), which will fully take effect by late 2025. MiCA introduces licensing requirements for crypto-asset service providers (CASPs), consumer protection measures, and rules for stablecoins. 

While crypto transactions face no major restrictions, activities like borrowing and staking remain partially unregulated, though they may fall under consumer credit or investment scheme laws in specific cases.

How Is Crypto Taxed in the Netherlands?

In the Netherlands, cryptocurrency is taxed as an asset under the Dutch personal income tax system, which is divided into three categories, or “Boxes”.

Box 3: Wealth Tax for Most Crypto Investors

For most individuals, crypto holdings are taxed under Box 3 (income from savings and investments). This applies to casual investors who hold crypto as part of their personal wealth. 

The tax is calculated based on the fair market value of all assets—including crypto—on January 1 of the tax year, minus debts and a tax-free threshold of €57,684 (as of 2025). The government assumes a fictitious return (deemed yield) on this net value, which is then taxed at a flat rate of 36%.

Conclusion

In a nutshell, choosing the best crypto exchange in the Netherlands depends on your trading needs, security preferences, and available features. The most regulated exchanges, like Bybit, Crypto.com, and Coinbase, offer reliable services, while platforms such as Kraken provide advanced trading tools.

Always check whether an exchange is registered with De Nederlandsche Bank (DNB) to ensure compliance with Dutch regulations. Also, you can consider factors like fees, payment methods, and customer support before making a decision.

FAQs

Can You Trade Crypto in the Netherlands?

Yes, you can trade crypto in the Netherlands. The government allows it under strict regulations. You must use registered crypto exchanges in the Netherlands, like Bybit or Coinbase. These platforms follow Dutch laws for safety and transparency. Trading is open to all Dutch residents with verified accounts.

What Is SEPA, and How Does It Benefit Dutch Cryptocurrency Traders?

SEPA is the Single Euro Payments Area, a system for fast bank transfers across Europe. It lets Dutch traders fund crypto accounts quickly. You will pay low fees compared to other methods, and transfers are usually completed within one day.

Can I Trade Altcoins on Dutch Cryptocurrency Exchanges?

Yes, you can trade altcoins on Dutch crypto exchanges. The best platforms, like Bybit, Coinbase, and MEXC, offer many altcoin trading options. They list all popular altcoins like Ethereum, Solana, Cardano, and many more.

Is It Safe to Buy Bitcoin in the Netherlands?

Yes, it is safe to buy Bitcoin in the Netherlands. Licensed exchanges follow European Union and Dutch regulations to protect users. These platforms use strong security measures, such as two-factor authentication (2FA), cold storage, PoR data, and anti-phishing code. You should store Bitcoin in a secure wallet, which adds extra protection against cyber threats.

What Is the Best Way to Store Bitcoin in the Netherlands?

The best way to store Bitcoin in the Netherlands is to use a hardware wallet. The best cold wallets, like Ledger or Trezor, keep private keys offline, which protects your Bitcoin from hacking and online threats. If you need to trade frequently, you can use a secure software wallet with two-factor authentication. You should avoid leaving large amounts of Bitcoin on exchanges because they are vulnerable to hacking and security breaches.

Is Binance Legal in the Netherlands?

No, Binance is not legally operating in the Netherlands. The company withdrew from the Dutch market in 2023 after failing to meet the registration requirements of De Nederlandsche Bank (DNB).

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10 Best Crypto Wallets in India for 2025 https://nftevening.com/best-crypto-wallet-in-india/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-wallet-in-india Sun, 04 May 2025 14:07:38 +0000 https://nftevening.com/?p=152079 Cryptocurrencies are becoming more popular worldwide. Out of a global base of over 560 million crypto users, India boasts at least 103 million crypto holders, accounting for 7.23% of the

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Cryptocurrencies are becoming more popular worldwide. Out of a global base of over 560 million crypto users, India boasts at least 103 million crypto holders, accounting for 7.23% of the country’s population. This dominance results from a combination of different factors, such as a highly tech-savvy youthful population, interest in unconventional investment opportunities, and widespread mobile internet adoption.

Despite the uncertainty surrounding the state of crypto in India, digital asset adoption has grown exponentially over the past decade, with individuals, especially the young and tech-savvy ones, entering the digital space in droves. With the increase in the number of traders and investors, the need for a secure crypto wallet to store digital assets becomes a priority.

This guide explores your suggestions for the best crypto wallet, considering cold and hot wallets. If you’re ready to take control of your cryptocurrencies in India, we shall give you tips on identifying the best Indian crypto wallet.

Comparison of Top 10 Crypto Wallets in India 

Wallet Wallet Type Best for Price Supported Blockchains and Cryptocurrencies
Coinbase Hot wallet  

Accessing DApps, sending, receiving and storing crypto including NFTs and participating on DeFi activities

 

Free Ethereum, Bitcoin, Dogecoin and Litecoin
Binance Hot wallet Viewing balances, send and receive crypto, monitor transaction history, store multiple cryptos and NFTs  Free Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Notcoin (NOT) and PEPE (PEPE) etc
WazirX Hot wallet Multisig technology, storage, management and tracking of crypto assets, claim verification and balance checks  Free Bitcoin, Ethereum, Dogecoin & other 250+ coins.
MetaMask Hot wallet DApps support, crypto staking, token swapping, gas fees customization and hardware wallet integration Free ETH, any ETH-based tokens (ERC-20, ERC-721, ERC-1155 and more)
Backpack Wallet Hot wallet Manage, send and receive crypto, DeFi tokens and NFTs, hardware wallet support and inbuilt scam detection Free Solana, Bitcoin, Ethereum, and Aave and over 50 others
Ledger Nano Cold wallet Multi-crypto (5,500+) asset support, 20+ software wallet integration, supports multiple devices, HODLing, BTC $149 Bitcoin, Ethereum, XRP, Bitcoin Cash, EOS, Stellar and many more.
Trezor Model T Cold wallet Ergonomic and clean design, supports multiple Cryptocurrencies, PIN and passphrase protection, can be installed on a phone, PC, or laptop $129 Bitcoin, Ethereum (and all ERC-20 tokens), Cardano, Litecoin, Ethereum Classic, XRP, Dogecoin, plus more
Trezor Model One Cold wallet Easy crypto security, storage & use, compact lightweight design, easy to use on the go, two-button interface  $69 Bitcoin, Dogecoin, Litecoin, Ethereum, Optimism, Avalanche, BNB and others.

 

SafePal S1 Cold wallet Easy to secure, send, buy, sell, swap, exchange and grow your crypto assets like Bitcoin, BNB, Ethereum, and all ERC20 tokens securely $49.99 Bitcoin, Ethereum and ERC20 tokens, BNB, and NFTs
Cypherock XI Cold wallet Bank-grade encryption, EAL6+ certification, allows offline transaction and tracking, decentralized key storage and key sharding $199 Bitcoin , Ether , BNB , Polygon , Litecoin and Bitcoin Cash , as well as ERC-20 and BEP-20 tokens, such as Tether’s USDt , USD Coin and Dai

Best Software Wallets in India

1. Coinbase

Coinbase Wallet

The Coinbase app wallet is a secure, self-custody wallet designed to manage digital assets, including cryptocurrencies, NFTs, and DeFi assets. Unlike the Coinbase app, which is non-custodial, the Coinbase wallet app allows you to be fully responsible for your crypto since you manage the private keys. Some of the benefits that make it a go-to-Indian crypto wallet are:

  • Self-Custody: Users completely control crypto and private keys, making you responsible for your assets’ security.
  • Secure on-chain experience:  You interact with different decentralized applications (DApps) besides sending, receiving, and storing crypto and trade on decentralized exchanges.
  • Wide asset support: The Coinbase wallet app supports many cryptocurrencies, including Bitcoin, Ethereum, Solana, and many more, as well as various Ethereum-compatible chains. You can also assess DeFi, collect NFTs, join DAOs, and more.
  • Mobile app: The wallet is available as a browser extension and mobile app, meaning it’s accessible on your desktop or mobile device.
coinbase

User Score

9.8

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2. Binance

Binance Wallet

The Binance app wallet, also called Binance Web3 wallet, is specifically designed for users who love decentralized finance (DeFi) assets. The self-custody wallet integrates with the Binance app to allow cryptocurrency holders to manage their assets while engaging in DeFi activities like earning yields or token swaps.

Among the wallet’s tangible benefits are:

  • Complete Control: You control your crypto and private keys.  
  • Robust security: The Binance app features keyless technology and other state-of-the-art security features.
  • Convenient: You can easily access the wallet using the Binance app.
  • DeFi Participation: Crypto owners can engage in DeFi activities, including token swapping and yield farming.
  • 24/7 Customer Support: Users of the Binance Web3 wallets have access to Binance customer support.
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User Score

10

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3. WazirX

WazirX

WazirX app is the best cryptocurrency wallet in India without KYC for holding and trading cryptocurrencies, and it is available for Android and iPhone. The wallet supports at least 250 different types of digital assets, such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), without forgetting leading altcoins, meme coins, NFT tokens, DeFi tokens, metaverse tokens, and stablecoins. The leading benefits include: 

  • Wallet Management: You can store and manage different types of digital assets.
  • Trading: Users can buy, sell, store, and trade different types of cryptocurrencies.
  • Security Enhancements: Following the July 2024 cyberattack, WazirX improved the security protocols of their wallet app to include a multi-signature feature for speed and more secure transactions. 
  • Customer Support: Numerous customer support channels enable users to address their issues.
  • User Interface: The wallet app has an easy-to-use interface for efficient asset management practice.

 4. Metamask

Metamask

MetaMask is considered the best crypto wallets specially designed to handle Ethereum-based crypto assets via decentralized applications. The Metamask wallet comes either as a mobile app or browser extension, enabling you to send, receive, or store Ether (ETH) or several other ERC-20 tokens. With Metamask, you can comfortably execute transactions on the Ethereum network through different DApps.

The tangible features of Metamask include:

  • Function: The Metamask wallet is considered the best gateway to the Ethereum ecosystem. It allows users to easily manage their crypto and interact with most DApps.
  • Key Management: Owners can store and manage private keys, making them wholly responsible for their Ethereum accounts.
  • Interactivity: With Metamask, you can interact, sign transactions, and authorize actions with different types of DApps.
  • Accessibility: The app is user-friendly whether you choose the mobile app or browser extension.
  • Security: Users of the Metamask wallet can generate keys and passwords directly from their devices. Moreover, no password is stored on the device, thereby enhancing security. 
  • Community: The Metamask community has millions of users and developers worldwide.

5. Backpack Wallet

Backpack Wallet

Backpack Wallet allows digital asset users to manage crypto tokens, DeFi assets, and NFTs. The wallet is non-custodial, meaning everything is in the control of the user, whether it is asset or private key security. Some features available with Backpack include buying, selling, bridging, and swapping tokens in addition to NFT marketplaces and DApps. Important factors to remember include: 

  • Non-Custodial Wallet: As a user, you ensure the safety of your assets. 
  • Multi-Chain Support: Backpack wallet supports Ethereum, Solana, Arbitrum, and Polygon blockchains.
  • Exchange Features: The app works like a mini exchange, where you can buy, sell, bridge, and swap tokens while accessing DApps and NFT marketplaces.
  • NFT Support: You can display, manage, list, and sell NFTs.
  • Security Features: The wallets offer lock-down for NTFs, hardware wallet integration, scam detection alerts, and security audits.
  • Web3 Browser: Backpack features an in-built Web3 browser that facilitates interaction with DApps.
backpack logo

User Score

9.5

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Best Hardware Wallets in India

 The following is a select list of the best hardware wallets in India:

1. Ledger Nano X

Ledger Nano X

Ledger is among India’s most popular hardware devices for storing Bitcoin and supports over 5,000 other digital assets. The wallet’s design resembles a USB device with a chip that stores cryptocurrencies and keeps private keys away from the internet.

  • Supported coins: Ledger Nano X supports Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), and up to 5,500 other digital assets, including at least 100 apps. The wallets are also ideal for storing and managing NFTs
  • Custodianship: Ledger Nano is a non-custodial wallet
  • Main Features: Supports various systems including all Windows, Mac OS X, and Linux.

Pros

  • The Bitcoin wallet is renowned for its safety record.
  • It supports tokens from different blockchain networks.
  • You can recover a loss if your physical device gets lost or damaged.
  • User-friendly, and easy to use on the move.
  • It supports crypto staking and keeps private keys offline.

Cons

  • Mobile app unavailable for iOS gadgets
  • Ledger Nano X lacks the convenience of web wallets.

 2. Trezor Model T

Trezor Model T

This Trezor Model is a popular hardware wallet for securing your digital assets and private keys offline. The device features an interactive touchscreen for executing operations and accepting transactions. The wallet is easily compatible with third-party wallets like Exodus and Metamask. Trezor Medal T is a non-custodial company that supports cryptocurrencies such as BTC, ETH, XRP, LTC, etc.

  • A password-less hardware wallet that unlocks via touchscreen
  • Enables cryptocurrency staking
  • The wallet offers an advanced backup system to restore PINs.

Pros

  • The wallet supports over 9,000 digital assets.
  • Trezor Model T is compatible with USB-C systems.
  • Easy install, use, and operate.
  • Offers state-of-the-art security features.
  • Features an easy-to-use touchscreen interface.

Cons

  • Doesn’t support iOS mobile systems.
  • Navigation is only through the touchscreen.

3. Trezor Model One

Trezor Model One

The Trezor Model One hardware wallet is the best cryptocurrency wallet in India without KYC, and it is designed explicitly for beginners. Unlike the other Trezor models, Model One is a non-custodial wallet designed for beginners with features similar to Model T but without the staking capabilities. This wallet is accessible through a backup phrase and a PIN that helps keep your digital assets secure. If your device gets lost or damaged, you can use a recovery phrase to restore your assets when you purchase a new device.

Here are some of its key features:

  • Supports all popular cryptocurrencies like ETH, XRP, BCH, and at least 5,000 others
  • Trezor Model One aligns with the Trezor mobile app suite.

Pros

  • An entry-level best Bitcoin wallet in India that’s designed for newbies.
  • It has an easy-to-use interface that allows users to buy, sell, and swap crypto.
  • Features Trezor’s flawless security record.
  • The built-in Trezor suite facilitates seamless crypto asset buying, selling, and exchanging.

Cons

  • Supports a limited number of layer-1 blockchains
  • Navigation is only through buttons since the wallet doesn’t have a touchscreen, which makes it inconvenient.

4. SafePal S1

SafePal S1

This wallet is among the best crypto wallets in India without KYC. The non-custodial hardware wallet helps you maximize the security of your digital assets, such as crypto and NFTs. The wallets focus on decentralization, a key tenet of blockchain and crypto technologies. The device employs an EAL5+ robust element that guards its contents from potential threats. The result is peace of mind for users as they are protected hackers who use random number generators to create private keys. Among the supported cryptocurrencies are BTC, ETH, POL, SOL, and DOGE.

The main features of this wallet include:

  • Over 100 blockchains supported
  • Safepal S1 features an anti-tamper self-destructing mechanism.
  • Safepal offers an air-gapped security mechanism that is best suited for storing crypto assets offline securely.

Pros

  • Easy to manage and use
  • Users can verify transactions using QR codes.
  • Allows yield farming and crypto staking opportunities.

Cons

  • Doesn’t support government-issued money..
  • The screen size is relatively small.

5. Cypherock X1

Cypherock X1

The wallet is considered the best crypto hardware wallet in India because of its unique feature of decentralized storing users’ private keys,giving it a competitive edge over other wallets. The device combines four distinct wallets, meaning you can create four separate wallets using a single device. That means you can use one account for your cryptocurrencies, another for NFTs, etc., for easier management of digital assets.  The most popular supported coins include BTC, ETH, USDT, BNB, CHAIN, etc.

  • With Cypherock X1, you no longer have to worry about security risks linked to using seed phrases.
  • The hardware wallet is appraised by Keylabs, an organization that pinpointed susceptibilities with market leaders such as Ledger, Trezor and others. .
  • Cypherock X1 uses a unique cryptographic technique called Shamir secret-sharing that splits private keys into five parts.

Pros

  • Supports over 8,000 digital assets.
  • The wallet uses 3FA, via the device, an inbuilt X1 card, and the PIN.
  • Features NFTs and DeFi capabilities through WalletConnect.
  • Cypherock X1 is BIP39 compatible.

Cons

  • A slightly larger screen would have been better.
  • The device is incompatible with any other wallets

Best Bitcoin Wallets in India

When looking for the best crypto wallet in India, you want to remember that cryptocurrency wallets are categorized into two types – cold wallets and hot wallets, with cold Bitcoin wallets being offline while hot ones are online. Since they are not connected to the internet, cold wallets are considered relatively safer than hot wallets. While hot wallets may be vulnerable to cyberattacks, they’re mostly free and convenient for everyday use. No one will give you a cold wallet for free.

The better way to choose the best Bitcoin wallet in India, therefore, would be to ask yourself:

  • Hot or cold? Choose a cold wallet if you intend to HODL your assets or a cold wallet if you plan to do day trading.
  • How secure is it? Learn about the underlying technology to be sure your private keys are safe and well protected.
  • Privacy: Ask yourself if the wallet offers anonymity or if you must reveal too much personal information to execute a transaction.
  • Price: Hot wallets are free, but cold wallets, which are hardware devices, require a fee. Choose carefully based on the amount of crypto you own.
  • User-friendliness: Choose an user-friendly wallet that may need some external support.

The leading Bitcoin wallets in India include: 

  1. Coinbase Wallet: The Coinbase wallet supports over 500 tokens, including all the top assets like Bitcoin. This free app features robust security, mobile and browser-based connections, and DApps integration.
  2. Exodus: Exodus offers a suite of software tools, including mobile and desktop apps that enable easy buying, selling, and storing of Bitcoin and other cryptocurrencies. The wallet offers hot-to-cold wallet integration and features a solid library of content for beginners.
  3. Guarda: This free-to-use, all-purpose crypto wallet supports over 300 cryptocurrencies, including Bitcoin. In addition to supporting cold wallet integration, Guarda supports staking programs.
  4. WazirX App Wallet: The WazirX App wallet supports many top cryptocurrencies and offers an advanced suite of security features. The app facilitates crypto trading through advanced trading tools, a user-friendly interface, and fast KYC processing.

How to Choose the Best Crypto Wallet in India

To guarantee the security of your cryptocurrencies and their suitability and ease of use, there are a few things you need to look for to locate the best Indian Bitcoin wallet. The most important things to look for in a reliable crypto wallet include:

A User-friendly Interface

Some crypto apps can be challenging to navigate, especially for those who are just beginning their crypto journey. Choosing a crypto wallet that’s easy to navigate is advisable, especially if it has a simplistic user interface with easy-to-follow instructions.

Supported Crypto Assets

As you begin your investment journey, select a wallet you may use to access more than one crypto asset. Select one that supports multiple crypto assets so you don’t have to look for several devices.

Security Measures

Your wallet will store important private keys that give access to your crypto assets; you must, therefore, employ strict measures to keep them safe. Consider an Indian crypto wallet that uses two-factor authentication (2FA) for an account or supports multi-signature for your asset’s security and peace of mind.

Check Product Reviews

Online reviews can be a good and convenient source of information about any product or service. Before deciding on what you believe is the best cryptocurrency wallet in India, take your time to read through expert and customer reviews from trusted online forums. 

Control of Private Keys

Always ensure that you have total control of your private keys and that no other third parties are involved.

Device Compatibility

Your best crypto wallet in India is one that works well with desktop PCs, mobile devices, or both. Note that some crypto wallets are designed to be platform-specific, while others can access multiple platforms.

What is a Crypto Wallet?

A crypto wallet is a digital tool, either software or hardware, which securely stores crypto private and public keys, allowing users to access and manage their digital assets. It is an important interface that enables you to interact with the blockchain where cryptocurrencies exist so you can send and receive crypto assets or manage your balance.

Unlike your traditional fiat currency wallets, crypto wallets don’t store cryptocurrencies! They store public keys, which are passphrases that prove ownership of crypto tokens, and just like the PIN you enter before you can get money using your bank card, they give you access to your funds. 

  • Private Keys: They act like a password to your cryptocurrency and enable you to control your funds. They are kept secure within your crypto wallet.
  • Public Keys: The blockchain’s digital address enables you to receive cryptocurrency.

What is a Software Wallet?

A software wallet, also known as a hot wallet, is a software program that can be installed on a digital device like a desktop, laptop, tablet, or smartphone. Depending on which device you use it from, a digital wallet can be classified as a desktop, mobile, or web wallet. Software wallets are mainly categorized based on how they store or manage cryptographic keys.

Software wallets are called hot wallets because they are online and connect directly with cryptocurrency exchanges. They are also classified as custodial or non-custodial. Custodial wallets have third parties managing crypto assets on behalf of the user, while for non-custodial, you’re totally in control of your digital assets.  

What is a Hardware Wallet?

Hardware crypto wallets are tangible pieces of equipment used to store the private keys needed to access and transact with cryptocurrencies. Also known as cold wallets, they mostly resemble USB sticks and are designed to save digital assets offline. While hardware wallets are safe from hackers since they’re not connected to the internet, users must store them safely to prevent physical damage or loss.

Some popular hardware wallets are designed to integrate with software wallets and convert hot storage into cold storage. For example, the Exodus wallet can seamlessly integrate with the Trezor cold wallet. Another form of cold wallet is a paper wallet, where information about your private keys is printed on paper.

How to Create a Crypto Wallet in India

If you want the best crypto wallet in India to trade and manage your digital assets, you must learn the simple steps to creating a software crypto wallet.

Here’s how it works.

Step 1: Choose a software wallet app

The first step involves selecting a software wallet from a reliable provider among the many options available in the market. Conduct thorough research before making a final selection, considering the unique features you’re interested in.

Step 2: Download the wallet app to your device

Download the crypto wallet app to your computer, tablet, or phone. Always ensure you get the wallet from a wallet provider’s official website or genuine app store to avoid downloading malicious software alongside the app.

Step 3: Create an account

Fill in the basic information required to create an account. This may include information like your name and email address, while others may ask for additional information like selfies and government-issued IDs for verification. Finish by creating a strong password.

Step 4: Transfer your assets

Since you have installed your wallet app and set up an account, it’s time to transfer your cryptocurrencies into it. Some ways of transferring assets to your wallet include receiving them from another wallet, depositing funds from your bank account, or using a cryptocurrency exchange. You need to obtain the wallet address to fund your wallet or use it to send crypto to others.  

 For further information, read our step-by-step guide on How to Get a Crypto Wallet.

How Do I Keep My Crypto Wallet Safe?

As cryptocurrencies become more popular, cybercriminals become more active and can target even the best cryptocurrency wallet in India. However, don’t let this scare you because you can improve your crypto wallet security with just a few simple steps.

  • Use a password manager: The most secure passwords are about 16 characters long and have unique characters. Consider using a password manager like Dashlane or 1Password to create and remember one.
  • Use 2-factor authentication (2FA): Use the strongest 2FA available from platforms like Yubikey, DUO Security, Google Authenticator, or similar hardware security keys.
  • Don’t make yourself a target: Just like you can’t advertise inheriting a fortune, don’t brag about your crypto holdings on social media.
  • Don’t fall for tricks: Beware of hackers who pose as tech support and ask for your account credentials, such as PINs, 2FA codes, or remote access to your computer.
  • Check the URL: Scammers can create fake websites resembling genuine exchanges and use them to steal your account information. Always double-check web addresses before inputting your credentials or logging into your account.

 Top Cryptocurrency Apps and Exchanges in India

Below is an exclusive list of the best apps and exchanges Indian crypto investors can use to buy and sell crypto from anywhere or monitor their digital asset portfolios.

  1. Binance App India: Binance, the world’s largest crypto exchange by trade volume, operates in India and has a mobile app dedicated to Indian crypto investors. The app has numerous features, including the ability to buy crypto using rupees, transfer USDT to INR, or use other payment methods like PayTM or UPI.
  2. WazirX App India: WazirX remains a popular crypto trading platform in India and has an easy-to-use app. The app is available for Android, iOS, Google Play, Mac, and Windows systems and facilitates trading, viewing, buying, and selling crypto. WazirX is considered the fastest Indian-focused app with a great user experience.
  3. Coinbase App India: The US-based crypto exchange has operations in India and runs a mobile app considered easy-to-use, offering a seamless experience, especially for beginners. The app enables users to stay updated on market information with regular news, price alerts, and learning opportunities.  
  4. Kraken App India: Kraken crypto exchange has an app dedicated to the Indian market. It is intuitively designed with user-friendly tools to facilitate trading, managing, and sending crypto assets. The firm also has the Kraken Pro app, specifically designed for expert traders who need more advanced features like crypto options, etc.
  5. ZebPay App India: Popular Indian crypto exchange ZebPay offers a trading app with a clean user interface. The ZebPay app enables users to make payments on the Bitcoin Lightning Network. The app has enhanced safety features and sends trading alerts and the best trade pairs to help users make informed purchase decisions.
  6. CoinDCX: CoinDCX, the crypto exchange that claims to have over 4 million Indian users, operates a seamless, easy-to-use, and versatile crypto trading app. The app supports over 200 crypto assets and emphasizes security. Moreover, CoinDCX is backed by leading investors like Coinbase Ventures, BainCapital Ventures, and BitMex.

Conclusion

With the growing trend of cryptocurrency adoption, the demand for the best Bitcoin wallet in India has grown manifold. Since there are many options, we have listed the most reliable ones. 

Every time you open a new Indian crypto wallet, remember to back up your recovery phrase, as it remains the master key that unlocks your crypto wallet. Misplacing it can mean you lose everything you could have worked for very hard.

Keep your recovery or seed phrase secure to prevent it from falling into the wrong hands. Otherwise, your account could be wiped out in seconds.

FAQs

Which crypto wallet is most used in India?   

Due to the evolving crypto landscape and different usage options by different market segments, it may be difficult to define a definitive crypto wallet as the most used one in India. However, Indian users mention Binance, WazirX, CoinDCX, and Ledger Nano S Plus as the most popular wallets.

What is the most trusted wallet for crypto? 

According to most users, MetaMask is trusted everywhere because of its user-friendly interface. It is especially popular among users interested in experimenting with NFTs, DeFi protocols, and other Web3 and Ethereum-based crypto products.

Which platform is safe for crypto in India?

CoinDCX has a reputation as a leading cryptocurrency exchange in India and an incredible safety record. Its market valuation of $1.1 billion as of March 2025 reflects its significant standing in the cryptocurrency marketplace.              

Which is India’s No. 1 crypto app?     

India’s CoinDCX crypto trading app is considered the market leader. It offers a user-friendly interface, 24/7 access, and robust security features. In addition to providing real-time updates, the app supports over 500 cryptos and is designed for beginners and experienced traders.  

Is CoinDCX legal in India?      

Yes, CoinDCX is legal in India and registered as a “Reporting Entity” with the Financial Intelligence Unit (FIU).  

Which Bitcoin app does India use?  

Different Bitcoin apps in India are popular with Bitcoin traders. However, the most popular ones are CoinSwitch, CoinDCX, WazirX, ZebPay, and Mudrex often cited as India’s most popular Bitcoin trading platforms.

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6 Best Crypto Exchanges in Singapore For 2025 https://nftevening.com/best-crypto-exchange-singapore/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-exchange-singapore Wed, 16 Apr 2025 03:17:51 +0000 https://nftevening.com/?p=150902 Looking for the best crypto exchange in Singapore? You’re not alone. With digital assets booming, more Singaporean traders are exploring secure platforms that offer low cryptocurrency trading fees, user-friendly interfaces,

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Looking for the best crypto exchange in Singapore? You’re not alone. With digital assets booming, more Singaporean traders are exploring secure platforms that offer low cryptocurrency trading fees, user-friendly interfaces, and broad cryptocurrency selections. This means it’s more important than ever to know your way around the leading crypto exchanges in Singapore.

In this guide, we’re going to walk you through everything you need to know about the top exchange options in the crypto space. You’ll be able to compare their features, fees, and more. From the beginner to the advanced trader, we’ve got the insights to help you make the right choice for your gains. Let’s dig in.

List of Best Crypto Exchanges in Singapore

  • Binance: Best for Global Trading Volume
  • Coinhako: Top for Easy SGD Transactions
  • Gemini: Best for Security and Compliance

Top Singapore Crypto Exchanges – Detailed Review

1. Binance

binance

Launched in 2017, Binance has grown into a colossal force in the crypto world. Its sprawling selection of digital assets and high liquidity draw in everyone from casual dabblers to seasoned investors.

Binance is among the largest cryptocurrency exchanges worldwide, offering a reliable platform with extensive trading pairs and high trading volume. Singaporean users can buy crypto using SGD through a variety of convenient payment methods, including bank transfers.

While regulatory challenges occasionally surface, it remains a global favorite for competitive fees and advanced trading capabilities. Many trust Binance for its proactive approach to security, robust mobile app, and frequent feature updates that cater to both beginners and experts.

Maker/Taker Fees

Binance operates on a tiered fee structure based on trading volume and BNB holdings, with maker/taker trading fees now starting around 0.1%. These can be reduced further through various incentives, making it one of the best crypto exchanges for those wanting lower trading fees and quick order executions. Overall, Binance remains a top choice for anyone wanting a reliable platform to trade cryptocurrencies at scale.

Pros

  • Massive Global Liquidity: High trading volume and numerous active users
  • Wide Crypto Selection : Offers hundreds of digital assets and trading pairs
  • Advanced Tools: Margin, futures, and in-depth charting for experienced traders
  • Robust Security Measures: Two-factor authentication and strong encryption
  • User-Friendly & Pro Interfaces: Ideal for both newcomers and seasoned pros

Cons

  • Regulatory Challenge: Some regions have limited access or features
  • Steep Learning Curve: Extensive features can be overwhelming for first-timers
binance-logo-2

User Score

10

Promotion

-10% Trading Fees

Get 10% Lifetime Cashback on Every Trade

2. Coinhako

Coinhako

Coinhako was founded in 2014 with a distinct mission: to make buying crypto simple for Singapore-based users. Local traders appreciate its easy-to-use interface and direct SGD support, which streamlines everything from deposits to withdrawals.

Although it doesn’t pack as many advanced features as international giants, its straightforward approach and focus on user experience keep it in high regard. Over time, Coinhako has added more coins, enhanced security layers, and introduced new in-app features, ensuring it remains a trusted option for those seeking simplicity without compromising on reliability.

Coinhako may not be a household name in the US, but in Singapore, it provides one of the most seamless trading experiences packaged in a straightforward interface. This makes it wildly popular with Singaporean traders. It supports SGD deposits through local bank transfers and even card payments. With a focus on user-friendly design and a competitive fee structure, Coinhako offers a strong starting point for beginners exploring digital assets.

Maker/Taker Fees

Coinhako typically charges a straightforward fee for instant buy or sell orders, which can be around 1%. Those who prefer a deeper order book can explore its trading platform to take advantage of slightly better rates. Overall, Coinhako’s emphasis on regulatory compliance and user-friendly design makes it a top choice for beginners who want to start trading without the complexity found on other cryptocurrency exchanges here in Singapore.

Pros

  • Singapore-Focused Platform: Convenient SGD support and local bank transfer options
  • Beginner-Friendly Interface: A straightforward dashboard simplifies the buying process
  • Transparent Fees: A clear breakdown helps you see the exact costs
  • Quick Card Purchases: Handy for those who want instant crypto acquisitions
  • Dependable Local Reputation: A well-known exchange built for Singaporean users

Cons

  • Limited Advanced Features: Fewer charting or pro-level trading tools
  • Potential Higher Card Fees: Credit or debit transactions can be more expensive
  • Restricted Altcoin Range : Less extensive selection compared to global competitors
  • Slower Support at Peak Times: Response times may vary during high-traffic periods

3. Gemini

Gemini

For anyone concerned about legalities and staying on the right side of Singaporean crypto regulations, Gemini made its name for always operating under strict regulatory compliance. Over the years, this has made it one of the most secure platforms for storing and trading cryptocurrency assets. It offers insurance coverage for digital assets, a user-friendly trading platform, and a robust two-factor authentication system.

Built on the principles of trust and security, Gemini was introduced by Tyler and Cameron Winklevoss in 2015. Its priority on robust regulatory compliance and insurance coverage helps ease concerns about storing and trading digital assets. Whether you’re new to crypto or a more serious trader, Gemini’s layered offerings—from a basic dashboard to an advanced ActiveTrader platform—provide a dependable space to grow your portfolio.

Singaporean users can deposit funds and trade cryptocurrencies in SGD, ensuring a smooth experience. Its security measures also appeal to experienced traders seeking peace of mind.

Maker/Taker Fees

Maker and taker fees on Gemini vary between 0.20% and 0.40%, depending on account type. These fees can be reduced with higher trading volume on the ActiveTrader tier. Overall, Gemini stands out among the best crypto exchanges for individuals prioritizing safety, robust security measures, and regulatory safeguards for crypto holdings.

Pros

  • Premier Security: Cold storage solutions and insurance for select assets
  • Regulatory Composure: Adheres to strict compliance for a trustworthy environment
  • Straightforward Interface: Easy for beginners, plus an advanced option for pros
  • Local Currency Support: Allows direct SGD deposits for smooth transactions

Cons

  • Smaller Crypto Selection: Focuses on major coins and a curated list of altcoins
  • Higher Fees on Basic Platform: Reduced only when using the ActiveTrader interface

4. Coinbase

Coinbase

Coinbase stands as one of the earliest and most recognized names in crypto trading, having been on the scene since 2012. Loved by beginners for its clean design and intuitive workflow, the platform also provides an advanced version for those seeking additional depth. Although fees can add up, many users trust Coinbase for its solid track record and global reputation.

Coinbase is well-known for its beginner-friendly interface and straightforward onboarding process. Users can buy crypto via debit card or bank transfer, including local SGD options for Singaporean traders. The platform prioritizes trust and security, making it a popular choice for those starting out in the crypto space and preferring ease of use.

Maker/Taker Fees

Coinbase Advanced features a tiered fee system ranging from around zero to 0.50%, depending on trading volume. Regular Coinbase transactions often include additional deposit fees, so many active trader users switch to Coinbase Advanced Trade for a more competitive fee structure. For anyone just entering the crypto space, however, Coinbase’s straightforward design and brand reputation make it a top contender among the best crypto exchanges here in Singapore.

Pros

  • User-Centric Design: Perfect for newcomers wanting a clean, intuitive experience
  • Robust Brand Reputation: Well-known for strong security and regulatory compliance
  • Multiple Payment Methods: Supports local bank transfers, as well as credit & debit cards in SGD

Cons

  • Limited Advanced Features: Seasoned investors may seek deeper tools
  • Slow Customer Support During Surges: High traffic can lead to longer wait times
  • Fee Complexity: Understanding different tiers and transaction costs can be tricky
coinbase

User Score

9.8

Coinbase Promotion

Get Bonus Up to $600

5. Crypto.com

Crypto.com

Crypto.com is more than just an exchange; it is an expanding ecosystem designed to serve virtually every crypto need under one roof. Founded in 2016, the platform offers tools like staking, a prepaid Visa card, and multi-currency support, making it appealing to anyone seeking more than a basic buy-and-sell experience.

Crypto.com stands out with its extensive ecosystem of crypto services, including a Visa card that offers cashback rewards. Singaporean traders can deposit funds in SGD and enjoy margin trading on popular crypto exchanges. With low trading fees, comprehensive features, and a sleek user interface, Crypto.com supports both beginners and advanced traders.

The wide variety of services (from rewards programs to derivatives trading) consistently aims to accommodate different investor profiles. Though its range of features might appear overwhelming, the potential rewards and regular updates keep users coming back.

Maker/Taker Fees

Crypto.com’s standard maker fees start around 0.075%, with additional discounts for higher staking volumes or trading activity. Taker fees are slightly higher but still competitive compared to many other exchanges.

Pros

  • Comprehensive Ecosystem: Includes staking, lending, and an integrated Visa card
  • Attractive Rewards Program: CRO staking yields perks like higher cashback
  • Extensive Asset Range: Trades in over 250 cryptos for a portfolio variety
  • Intuitive Mobile App: Manage trades, rewards, and portfolios on the go
  • Competitive Fee Structure: Discounts available for stakers or high-volume traders

Cons

  • Platform Complexity: A wide array of features may confuse absolute beginners
  • Staking Requirements: Some perks need CRO locked for a set duration
  • Occasional App Glitches: Rare but can disrupt transactions
crypto.com

User Score

9.5

Crypto.com Promotion

Sign up to get CRO bonus

6. Independent Reserve

Independent Reserve

Originally formed in Australia in 2013, Independent Reserve now offers a reliable, regulation-friendly experience for Singapore’s crypto enthusiasts. With a clear fee structure and a focus on major cryptocurrencies, it caters to those who prioritize transparency and compliance. Its relatively smaller coin selection keeps it straightforward, allowing traders to stay focused on well-established digital assets.

Independent Reserve is hugely popular among Singaporean traders for its highly localized presence and focus on robust investor protection. It supports all fiat currencies and deposits in SGD, making transactions straightforward for users. With a transparent fee structure, robust security measures like cold storage, and responsive customer support, it offers a reliable platform to start trading.

Maker/Taker Fees

Independent Reserve adopts a tiered system that decreases fees as trading volume increases, starting at 0.50% for new users. This can be reduced considerably for high-volume traders or those placing limit orders.

Pros

  • Local Banking Support: Effortless SGD deposits and withdrawals
  • Regulated Environment: Follows Singaporean guidelines closely
  • Transparent Fee Tiers: Lower rates for higher trading volumes
  • Focus on Major Cryptos: Simplifies choice for long-term or blue-chip investors
  • User Asset Protection: Cold storage for the bulk of digital holdings

Cons

  • Fewer Listed Altcoins: Tends to focus on mainstream projects
  • Less Known Internationally: Smaller global presence compared to industry giants

Best Crypto Exchanges in Singapore – Comparison Table

Exchange Year Launched Cryptocurrencies Supported Maker/Taker Fees Payment Methods Unique Selling Point
Binance 2017 300+ 0.10% Bank transfers, debit card High trading volume & wide variety
Coinhako 2014 67+ 0.60% Bank transfers, PayNow, card Simple SGD integration & user-friendly interface
Gemini 2015 100+ 0.20% / 0.40% Bank transfers, debit card Emphasis on security & insurance
Coinbase 2012 200+ 0.40% / 0.60% Bank transfers, debit card Beginner-friendly & reputable
Crypto.com 2016 250+ 0.075% Bank transfers, card Ecosystem of services & Visa rewards
Independent Reserve 2013 30+ 0.50% Bank transfers Strong local support & compliance

Factors to Consider When Choosing a Singapore Crypto Exchange

Trading Fees

Trading fees can significantly affect your overall profitability when you trade cryptocurrencies. Many popular crypto exchanges use a maker-and-taker fee model, where makers (those who add liquidity) and takers (those who remove liquidity) pay different rates.

Some platforms also charge deposit fees for bank transfers or higher fees for credit card payments. Beyond these, look out for withdrawal costs, potential hidden charges, and whether the exchange offers discounts for holding native tokens or achieving specific trading volume tiers.

Payment Methods

A suitable payment method can simplify your first crypto purchase. Some exchanges in Singapore allow direct SGD deposits through local bank transfers, which often come with lower fees and quicker processing. 

Others let you buy crypto using debit or credit cards, although this can involve additional costs. Having diverse payment options makes it easier for both beginner and experienced traders to deposit funds conveniently.

Security

Security should be a top priority when handling digital assets. Look for platforms that incorporate two-factor authentication, secure private key storage, and robust encryption protocols.

Many of the best crypto exchanges store the majority of user holdings in cold storage, protecting them from online threats. Before you start trading, review the platform’s history regarding any hacks or breaches to ensure you pick a reliable and secure platform first.

Supported Cryptocurrencies

Each trading platform offers a different range of crypto assets. Some focus on a handful of major coins like Bitcoin and Ethereum, while others list hundreds of trading pairs.

If you plan to diversify into altcoins, choose an exchange that supports a wide selection of digital assets. This allows you to explore new opportunities in the crypto market and try various other trading pairs and strategies.

Always confirm the tokens offered to match your investment goals before committing to a particular exchange.

Regulatory Compliance

Singaporean traders benefit from oversight by the Monetary Authority of Singapore, the monetary authority which enforces compliance standards. Regulatory frameworks also affect how cryptocurrency transactions are taxed, so you should confirm whether capital gains tax or other obligations might apply to your own crypto trading activities under the Inland Revenue Authority.

User Interface and Experience

A beginner-friendly interface with straightforward navigation is helpful when you are learning how to buy or sell crypto assets. Advanced traders can seek powerful charting tools, multiple order types, and real-time data to support margin trading or complex trading strategies elsewhere. Make sure the exchange offers a layout that aligns with your trading style, whether you prefer simplicity or require in-depth analytical features.

Customer Support

Look for platforms with quick response times, robust FAQs, and community support forums. Effective customer service is especially important when you need urgent help regarding deposit funds, trade execution errors, or how to withdraw funds.

A platform that values its users will typically offer clear support options that help keep your crypto trading as hassle-free as possible.

How to Buy Crypto in Singapore?

Buying digital assets in Singapore is straightforward once you choose an exchange that supports SGD deposits. Here is a step-by-step rundown.

  1. Select an Exchange: Pick a reputable exchange that suits your needs. Look for regulatory compliance, user-friendly navigation, and secure measures like 2FA.
  2. Create an Account: Sign up with your email address, create a strong password, and verify your identity through KYC procedures. These checks ensure platforms comply with Singaporean regulations.
  3. Fund Your Account: Deposit funds in SGD using local bank transfers or a debit card. Bank transfers are often cheaper, while cards may process faster.
  4. Choose a Cryptocurrency: After your account is funded, decide which coin to buy. Many exchanges offer a wide selection, from Bitcoin to altcoins.
  5. Place Your Order: Select a trading pair, such as BTC/SGD, and enter the amount you wish to purchase. Review the fees, then confirm your transaction.
  6. Secure Your Holdings: Finally, move your crypto assets to a personal wallet with private keys if you plan to hold them for the long term. This helps protect your investments from potential exchange-related risks.

Singaporean Crypto Regulations

How is Crypto Regulated in Singapore?

Singapore takes a proactive yet careful approach to the crypto market. The Monetary Authority of Singapore (MAS) plays a crucial role in overseeing cryptocurrency activities under the Payment Services Act. As part of the regulatory compliance process, cryptocurrency exchanges here may require KYC checks to verify user identities.

Aside from these measures, the MAS encourages responsible innovation in the crypto space. The goal is to establish a framework that protects Singaporean traders while allowing blockchain-based services to grow. Because of this, the city-state has attracted reputable global crypto exchanges and continues to be a hub for digital assets in Southeast Asia.

For more detailed information, check out our guide on crypto regulation including Singapore laws on cryptocurrency.

How is Crypto Taxed in Singapore?

How is Crypto Taxed in Singapore?

Singapore generally does not impose capital gains tax on individuals. Thus, profits made from the sale of crypto assets might be free of direct taxation if they are deemed capital gains. However, if the Inland Revenue Authority of Singapore classifies your crypto activities as trading or part of a business, income tax could apply.

Not only that but businesses or entities dealing heavily in crypto transactions may fall under specific tax requirements. Singaporean traders should consult tax professionals or refer to the latest guidelines from the Inland Revenue Authority to ensure full compliance and avoid penalties.

Conclusion

Choosing the best crypto exchange Singapore has to offer ultimately depends on your trading strategies, security preferences, and how you plan to deposit or withdraw funds. Whether you value low trading fees, an intuitive user interface, or robust investor protection, there is a reliable platform to suit your needs. Always conduct your own research and pay attention to important factors like liquidity, regulatory compliance, and customer support.

FAQs

Is cryptocurrency legal in Singapore?

Yes, cryptocurrency is legal in Singapore. The Monetary Authority of Singapore oversees the industry through regulations meant to deter financial crimes and safeguard consumer interests. Exchanges that operate in the city-state must meet certain compliance standards, including KYC procedures and anti-money laundering measures.

Which is the best exchange in Singapore to buy Bitcoins?

There is no single best exchange for everyone, as different factors come into play. Some users prioritize lower fees and margin trading, making Binance a popular choice. Others may prefer a more straightforward sign-up process and local bank transfers, which might point them toward Coinhako or Independent Reserve. Ultimately, your ideal platform depends on fees, payment methods, supported cryptocurrencies, and how advanced you want your trading interface to be.

Which crypto exchange support SGD?

Most top crypto exchanges in Singapore enable deposits in SGD through local payment methods. Coinhako and Independent Reserve specialize in easy SGD integration, while Binance, Gemini, and Crypto.com also offer options to deposit Singapore dollars. Always confirm the specific payment method, such as bank transfers or debit cards, and review any associated deposit fees before you select an exchange.

What is the best crypto wallet in Singapore?

The best crypto wallet depends on your security needs and usage preferences. For short-term trading, some prefer storing crypto assets only on reputable crypto exchanges, like Gemini or Coinbase, which feature robust security measures. Long-term holders often opt for hardware wallets such as Ledger or Trezor to store private keys offline in cold storage. A secure platform with two-factor authentication is crucial for online wallets, while hardware solutions offer an extra layer of protection.

What is the difference between Binance and Binance Singapore?

Binance Singapore was a more localized version that supported SGD deposits and catered specifically to Singaporean traders. However, operations under Binance Singapore have been winding down in recent years due to regulatory shifts, so many Singapore-based users now rely on the main Binance.com platform or other exchanges to trade cryptocurrencies.

Are Initial Coin Offerings (ICOs) allowed in Singapore?

Singapore does not ban ICOs outright, but they fall under the purview of the MAS if they are considered securities or capital market products. Any token sale that resembles a securities offering must follow existing regulations to protect investors. While some ICOs still launch from Singapore, the guidelines require them to adhere to investor protection principles similar to those governing other financial products.

Can you use Singaporean debit or credit cards to buy Crypto?

Several exchanges let you buy crypto with Singaporean debit or credit cards, including Coinbase, Crypto.com, and Coinhako. Card purchases generally process faster than bank transfers but may involve higher fees or limits. If you choose to deposit funds this way, check your card issuer’s policies and any charges levied by the exchange. For many Singaporean traders, local bank transfers remain the more affordable option, but credit and debit cards offer greater speed and convenience when you want to start trading quickly.

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Crypto Venture Capital Funds: Top Crypto VC Firms in 2025 https://nftevening.com/crypto-vc/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-vc Tue, 15 Apr 2025 12:00:17 +0000 https://nftevening.com/?p=150869 The world of blockchain technology is brimming with innovative ideas, from decentralized finance to novel crypto tokens and meme coins. Behind many of these transformative projects stand crypto VC firms,

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The world of blockchain technology is brimming with innovative ideas, from decentralized finance to novel crypto tokens and meme coins. Behind many of these transformative projects stand crypto VC firms, providing essential funding, guidance, and networking to help early-stage companies thrive.

In this article, we examine the role of crypto venture capital, take a look at different funding stages. We also explore some of the leading investment firms fueling the growth of blockchain-based solutions shaping the future of finance.

What are Crypto Venture Capital Firms?

Crypto venture capital firms fund and mentor many blockchain technology and digital asset-focused startups. Unlike conventional VC investors who might emphasize enterprise software or fintech, crypto VC focuses on projects leveraging distributed ledgers, decentralized applications, or tokenized assets. Such projects can include DeFi protocols, blockchain infrastructure, or even NFT platforms.

How do they work?

To execute investments, these firms pool capital from limited partners (often known simply as LPs) like high-net-worth individuals, family offices, or institutional investors. They then deploy that capital into high-potential crypto projects in exchange for equity or tokens. Alongside funding, the VC firm offers valuable resources like strategic advice, marketing support, and introductions to industry leaders.

Because the crypto market is still emerging, crypto venture capital can be riskier yet also more profitable than traditional investments. Market volatility, regulatory shifts, and rapidly changing technology require crypto VCs to possess deep domain expertise. Successful crypto VC firms often employ analysts, technologists, and thought leaders to spot trends before they become mainstream.

By supporting these projects at early or growth stages, the best crypto venture capital firms catalyze development in the blockchain ecosystem—shaping everything from Layer-1 protocols to specialized decentralized finance products.

Types of VC funding

Venture capital funding typically follows a sequence of stages, each designed to support startups at different points in their growth journey. In the crypto space, these stages remain relatively consistent, though token dynamics and unique exit strategies can add complexity.

VC funding stages

Grass funding round – Source: Cryptorank

Pre-seed

Pre-seed is often the earliest form of external funding before a startup launches a product or builds an established user base. It entails raising a small amount of capital, often from friends, family, venture capitalists, or even angel investors at this stage, to fully validate a concept or idea or to develop a prototype. Investors at this stage accept higher risks but can gain substantial returns if the project demonstrates proof of concept and attracts future investors.

Seed

The seed round helps startups refine their offerings and achieve a marketable product. Seed-stage crypto companies may already have a minimal viable product (MVP) showcasing initial traction. Venture capital firms, along with angel investors or specialized seed funds, often contribute capital in seed funding in exchange for equity or tokens. By this point, founders are expected to show a deeper vision for how their project can disrupt the crypto market or blockchain ecosystem.

Series A

Projects progressing to Series A likely have a proven product-market fit and measurable user engagement. In the crypto world, Series A rounds help teams scale technical infrastructure, expand their communities, and launch go-to-market initiatives. Investors typically focus on metrics such as daily active users, total value locked (TVL) for DeFi projects, or unique wallet addresses. Capital raised here may also fund partnerships, ecosystem expansion, and additional product lines.

Series B

By Series B, a crypto startup is aggressively scaling operations, often moving into new markets or building out multiple product verticals. VC firms look for consistent revenue streams, robust security protocols, and a team capable of managing rapid growth. Funding from this round covers further user expansion, international entry, and possibly the exploration of additional blockchain features like cross-chain compatibility or advanced DeFi integrations.

Series C

A Series C round usually indicates maturity, with stable revenue and a clear long-term roadmap. For blockchain projects, this stage can involve strategic investments from institutional funds or corporate partners interested in leveraging the startup’s technology. The raise may help the project pursue acquisitions, integrate with global financial institutions, or position itself for an exit, whether through token issuance, IPO, or strategic merger. By now, the startup is expected to have a significant market impact.

Grass funding round – Source: Cryptorank

List of the Best Crypto VC Investment Firms

1. Pantera Capital

Pantera Capital

Pantera Capital is among the first U.S.-based crypto venture capital firms, founded in 2013 by Dan Morehead. Originally focusing on Bitcoin, it has since broadened its horizon to become a leading investment manager in blockchain-related projects. Pantera’s strategy covers various stages of crypto VC funding, from seed investments to later rounds, backing innovations in DeFi, blockchain infrastructure, scaling solutions, and beyond.

Pantera gained recognition through investments in projects like Polkadot, Ankr, 1inch, and Bitstamp, showcasing its commitment to driving the evolution of decentralized finance and digital assets. With an extensive global presence, the firm actively scouts early-stage companies pushing the boundaries of blockchain technology. Their portfolio features both crypto-native funds and direct investments aimed at fostering the next wave of protocols, dApps, and enterprise software for the crypto space.

Key to Pantera’s success is a research-driven approach guided by experts with profound experience in technology and finance. They regularly publish market insights—such as the Pantera Blockchain Letter—analyzing trends and opportunities in the cryptocurrency ecosystem. This thought leadership helps attract founders looking for strategic guidance, rather than just funding. Pantera also boasts ties to financial giants, contributing to robust networking and partnership opportunities for its portfolio projects.

The company places a strong emphasis on regulatory and market risk analysis, recognizing the importance of navigating uncertain environments. In doing so, it offers portfolio companies support with compliance measures, global expansion, and technology scaling. Interested entrepreneurs can reach the team through Pantera’s website or social media channels, where they periodically accept pitch submissions.

As one of the most established names in crypto venture capital, Pantera Capital remains committed to accelerating blockchain innovation while adapting to the market’s constant evolution, reinforcing its position as a pivotal force in shaping the future of digital finance.

2. a16z – Andreessen Horowitz

a16z – Andreessen Horowitz

Andreessen Horowitz, commonly referred to as a16z, is a powerhouse in Silicon Valley venture capital. Founded by Marc Andreessen and Ben Horowitz, the firm operates from Menlo Park, California, and boasts a formidable track record across the tech sector. Recently, it has emerged as a leading investor in the crypto and blockchain space, forming a dedicated fund known as a16z Crypto.

This crypto-focused arm invests early in transformative projects ranging from Layer-1 blockchain protocols to decentralized finance applications and Web3 infrastructure. Notable investments include Compound, Dapper Labs, and Yuga Labs, reflecting a16z’s belief in the long-term potential of digital assets. Apart from capital, founders benefit from a broad support network, including marketing, recruiting, and regulatory guidance.

Andreessen Horowitz’s approach emphasizes both technical due diligence and a product-first mindset, ensuring portfolio companies can achieve product-market fit. The team’s emphasis on partnership and community building has positioned it as a core contributor to the broader crypto ecosystem. Entrepreneurs can find investment and funding information on their seed page and find regular thought leadership on the firm’s blogs and social channels, where they share insights about emerging trends and advice for blockchain startups.

3. Paradigm

Paradigm

Co-founded by Fred Ehrsam (former Coinbase co-founder) and Matt Huang (ex-Sequoia Capital partner), Paradigm targets groundbreaking crypto and blockchain startups at various stages. Known for its research-centric approach, the firm combines deep technical understanding with strategic mentorship, driving innovation in areas like DeFi, Layer-1 protocols, and decentralized governance.

Paradigm’s portfolio includes industry-leading projects such as Uniswap, Optimism, and Compound. These investments underscore Paradigm’s thesis around open financial networks and the transformative power of decentralization. With offices in San Francisco, the firm encourages close collaboration with founders, offering help on everything from token economics to regulatory challenges.

In addition to funding, Paradigm stands out for its active involvement in the crypto community. The team frequently publishes technical papers, hosts developer events, and provides resources that foster a knowledge-sharing environment. Startups seeking Paradigm’s backing can explore their collaboration and investment opportunities or attend industry events where its partners actively engage with new ideas and innovative teams.

4. Coinbase Ventures

Coinbase Ventures

Coinbase Ventures serves as the investment arm of Coinbase, one of the largest and most trusted cryptocurrency exchanges in the world. Established in 2018, this venture capital initiative extends beyond Coinbase’s core exchange offerings, fueling the wider blockchain ecosystem by investing in early-stage projects with unique value propositions.

Backed by Coinbase’s credibility, the firm’s network spans the globe, granting funded startups instant access to an extensive user base and invaluable industry connections. Coinbase Ventures focuses on a broad array of areas, including decentralized finance protocols, institutional-grade infrastructure solutions, and consumer-facing crypto applications. Their portfolio includes projects like Compound, BlockFi, and Etherscan—each illustrating a preference for scalable solutions capable of transforming the crypto market.

Founders benefit from the brand recognition that comes with a Coinbase Ventures investment, as well as potential integrations into Coinbase’s product ecosystem. Capital from Coinbase Ventures often goes beyond mere finances; teams can receive strategic insight related to regulatory compliance, market expansion, and user acquisition.

A notable feature of Coinbase Ventures is its emphasis on fostering mainstream crypto adoption. By supporting developer tools, on-ramps, and blockchain education programs, they help demystify the cryptocurrency space for everyday consumers. Startups won’t find any funding information on their website specifically, but they may be able to reach the firm through official social channels and industry events. Given the rapid evolution of crypto and blockchain projects, Coinbase Ventures remains an active participant in fueling diverse innovations for the benefit of the entire crypto sphere.

5. Polychain Capital

Polychain Capital

Source: cryptorank.io

Polychain Capital is a prominent crypto VC fund founded by Olaf Carlson-Wee, the first employee at Coinbase. Since its inception in 2016, Polychain has focused on supporting protocol-level innovations in the blockchain space. This includes projects that push the boundaries of decentralized finance, governance mechanisms, Web3 frameworks, and cutting-edge research on consensus algorithms. By investing early in well-designed protocol architectures, Polychain aims to advance the entire blockchain ecosystem and nurture the next generation of decentralized applications.

The firm has backed a wide range of initiatives, such as Avalanche, MakerDAO, and Compound, highlighting its commitment to building robust open-source communities. Polychain’s team emphasizes rigorous due diligence that considers technology, token economics, and developer engagement. For early-stage projects, Polychain provides a blend of financial support and industry insight, including introductions to other strategic partners.

Based in San Francisco, the firm has expanded its influence across global markets, leveraging ties to research institutions and experienced entrepreneurs. Projects seeking to connect with Polychain Capital can find a link to their investment application process on their simple but effective website. With a belief in blockchain’s transformative potential, Polychain continues to provide funding to fuel experimentation in cutting-edge areas like Layer-2 scaling solutions and permissionless financial services that redefine how people and organizations transact.

6. Binance Labs (YZI Labs)

Binance Labs (YZI Labs)

Binance Labs, sometimes referred to as YZI Labs, is the venture arm of Binance, one of the largest cryptocurrency exchanges. It focuses on uncovering innovative blockchain companies and invests in both early and growth-stage projects spanning DeFi, infrastructure, NFTs, and beyond. Over time, Binance Labs has served as an incubator and launchpad for startups aiming to tap into Binance’s extensive user base.

The firm’s notable investments include companies like FTX (pre-collapse), Polygon, and Axie Infinity, underscoring its willingness to support a variety of crypto-based services and ecosystems. Additionally, Binance Labs provides hands-on mentorship for portfolio projects, with guidance on regulatory concerns, marketing strategies, and technology enhancements. This global perspective helps founders navigate multiple jurisdictions and user demographics.

Teams interested in connecting with Binance Labs can explore application details on their official website. By leveraging Binance’s suite of resources and cross-chain partnerships, these ventures gain exposure to vast liquidity pools and user communities, boosting their chances of sustainable growth in the competitive crypto market.

7. DWF Labs

DWF Labs

DWF Labs is a crypto-native investment firm and market maker aiming to provide both financial backing and liquidity support for emerging blockchain ventures. Acting as more than a typical VC fund, DWF Labs combines direct investments with market-making services to help projects achieve stable token markets and deep liquidity pools. This approach can be particularly useful for projects looking to avoid sharp price swings and ensure better trading experiences for their communities.

The team at DWF Labs believes that liquidity is a cornerstone of a healthy crypto project, especially in DeFi and decentralized exchanges. By pairing capital investment with active market participation, DWF Labs helps early-stage companies address typical liquidity issues. The firm’s projects often address cross-chain interoperability, NFT marketplaces, and novel token use cases, reflecting the diverse opportunities within the fast-evolving crypto space. Some of its notable projects are Fetch.ai, Synthetix, Flare Network and Yield Guild Games.

Headquartered in major financial hubs and crypto-friendly jurisdictions, DWF Labs works closely with project founders to develop sustainable token economies. This collaboration involves performing detailed tokenomics analyses, identifying user growth strategies, and establishing robust partnerships that can drive long-term adoption. Because of its dual role as an investor and liquidity enabler, DWF Labs excels at helping teams avoid common pitfalls such as illiquid token listings or misaligned token release schedules.

For projects looking for funding, DWF makes it more straightforward than most, and they have a venture pitch option right on their website. Ultimately, the firm’s mission is to build a strong portfolio of blockchain startups by supporting them not only with funding but also with real-world market insights that can transform well-conceived projects into thriving ecosystems.

8. Alameda Research

Alameda Research

Source: Crypto Slate

Alameda Research was founded in 2017 by Sam Bankman-Fried, initially as a quantitative trading firm focusing on digital assets. Over time, it branched out into direct cryptocurrency venture capital and investments, fueling a range of blockchain and cryptocurrency projects. With quantitative strategies at its core, Alameda established itself as a powerful market maker, providing liquidity across numerous exchanges and DeFi platforms.

In terms of investment focus, Alameda Research backed infrastructure providers, decentralized finance protocols, and other blockchain-based projects that aligned with the firm’s vision of scaling digital asset markets. This included collaboration on initial exchange offerings (IEOs) and large funding rounds for companies seeking to revolutionize finance through smart contracts, stablecoins, and tokenized ecosystems. This crypto fund invested in various projects including Polkadot, Tidal, Synthetix, Manta Network, and more.

However, Alameda’s legacy became complex when it was closely linked to FTX, a cryptocurrency exchange launched by Sam Bankman-Fried. The dramatic collapse of FTX raised questions about Alameda’s financial risk management and its role in the exchange’s downfall. Despite these controversies, Alameda’s earlier track record influenced the broader crypto market, demonstrating how quantitative strategies and active market participation could bring liquidity to both established and nascent crypto projects together.

Today, the firm’s activities are in flux, as ongoing legal and regulatory matters cast uncertainty on its future operations. While in the past there were options to communicate with the firm, today no such options are easily found, and the company’s main website has been taken offline. The only digital presence the firm has currently is its LinkedIn page.

Although new crypto companies may hesitate to seek Alameda’s involvement after the controversies, there is no denying the historical impact it had when it backed key protocols in DeFi and derivatives trading. For those studying the crypto VC scene, Alameda Research offers a valuable case study in both the transformative potential and inherent risks present in a fast-moving, often unpredictable industry. Its trajectory highlights the need for transparent governance and robust due diligence in all corners of digital finance.

9. Dragonfly Capital

Dragonfly Capital

Dragonfly Capital is a global venture capital fund dedicated to bridging traditional finance and the emerging crypto economy. It invests in a wide range of projects that span DeFi, infrastructure, NFTs, and cross-chain protocols. Founded by Alexander Pack and Bo Feng, Dragonfly emphasizes the importance of fostering synergy among global blockchain ecosystems, with partners and advisory members stationed across Asia, North America, and beyond.

A distinguishing aspect of Dragonfly’s strategy is its commitment to supporting projects that push technical boundaries while also possessing a clear path to mainstream adoption. By leveraging relationships with well-established financial institutions and crypto-native companies, it provides portfolio ventures not only with capital but also with strategic partnerships and go-to-market expertise. This network-based approach allows startups to share knowledge and resources, accelerating their development cycles.

Notable investments in Dragonfly’s portfolio include top DeFi protocols like MakerDAO, derivative platforms such as dYdX, and innovative Layer-1 or Layer-2 solutions that promise faster transactions and lower fees. The firm’s multi-stage investing style means it can inject funds at early stages of product creation, while also participating in larger rounds for more established teams.

Dragonfly’s global reach and diverse portfolio composition help it weather the unpredictable crypto market. Although the firm remains bullish on the long-term potential of blockchain technology, it conducts rigorous due diligence on both technical feasibility and market demand. Founders looking to engage Dragonfly Capital can explore its official website or connect at major industry events, where the team regularly scouts new projects poised to become key players in tomorrow’s decentralized economy.

Conclusion

Crypto venture capital has been instrumental in accelerating the development of blockchain technology and digital assets across the globe. By injecting critical capital, expertise, and professional networks, VC firms enable new ideas to flourish—from DeFi protocols to institutional-grade infrastructures and beyond.

Investment firms shape the evolution of decentralized finance and lay the groundwork for innovations that may redefine how we engage in financial transactions. From Pantera’s pioneering moves in the space to a16z’s unmatched tech pedigree, each VC firm covered here plays a unique role in strengthening the crypto ecosystem. Their track records highlight strategies that balance risk management, regulatory navigation, and bold, long-term bets.

As blockchain startups continue to push boundaries, crypto VCs will remain pivotal allies—fueling ambitious entrepreneurs, growing communities of early adopters, and championing projects that reshape the digital economy for years to come.

FAQs

What is the biggest VC in the world?

Some consider Sequoia Capital among the largest and most influential venture capital firms globally, backing major tech companies like Apple, Google, and Airbnb, across diverse funding stages.

What is VC in crypto?

Crypto VC is a venture capital investment specifically focused on raising funds used on blockchain and cryptocurrency ventures. These funds support early-stage projects, develop core technologies, and accelerate growth in the crypto market.

How does a VC make money?

VCs profit by receiving equity in startups and exiting through acquisitions, IPOs, or token sales. Management fees and carried interest further enhance their returns.

Who are the big investors in crypto?

Major crypto investors include specialized funds like Pantera Capital, Paradigm, and Polychain, alongside diversified players such as a16z, Sequoia, and Digital Currency Group, all supporting various blockchain projects.

How to invest in a crypto venture capital fund?

Accredited investors typically contact a VC firm directly or invest in specialized crypto funds, complying with regulatory requirements.

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8 Best Crypto Exchanges in Nigeria for 2025 https://nftevening.com/best-crypto-exchange-in-nigeria/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-exchange-in-nigeria Sun, 09 Mar 2025 15:03:12 +0000 https://nftevening.com/?p=146952 Nigeria’s crypto market continue to expand in 2025 as more people look to protect their wealth, invest in digital assets, or explore decentralized finance. However, with the Central Bank of

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Nigeria’s crypto market continue to expand in 2025 as more people look to protect their wealth, invest in digital assets, or explore decentralized finance. However, with the Central Bank of Nigeria imposing certain restrictions on local banks, choosing a reliable crypto exchange can be confusing, especially for newcomers. Several reputable crypto exchanges still serve Nigerian traders by offering flexible deposit methods, user-friendly interfaces, and local NGN trading pairs.

This guide will help you choose the best crypto exchange in Nigeria, considering factors like security, fees, volume, and ease of use. We will also address local regulations, how to register for an exchange, and what to look for when selecting a platform. Whether you are a first-time Bitcoin buyer or an advanced trader seeking margin features, you need to find the right trading platform to start trading confidently.

List of the Best Crypto Exchanges in Nigeria

  1. Binance: Overall best crypto exchange in Nigeria
  2. Bybit: Best derivatives trading platform 
  3. Bitget: Best crypto copy trading platform in Nigeria
  4. Coinbase: Best crypto exchange for beginners
  5. Luno: Regulated Crypto Exchange in Nigeria
  6. Quidax: Best Nigerian exchange with direct NGN support
  7. Kraken: Safest crypto exchange in Nigeria
  8. KuCoin: Best P2P trading platform for Nigerian traders

Comparison of Best Nigerian Crypto Exchanges

Cryptocurrency Exchange Local NGN Support Trading Fees Supported Coins Key Features
Binance P2P for NGN 0.1% maker/taker  400+ Robust liquidity, advanced trading
Bybit Stablecoin or P2P 0.1% maker/taker 1,699+ Rich derivatives suite
Bitget Crypto transfers 0.1% maker/taker 1,200+ Copy trading available
Coinbase Limited or indirect 0.6% maker & 0.4% taker  240+ Very user-friendly interface
Luno Direct NGN deposits 0.1% maker/taker 18+ Good local support & simplicity
Quidax Direct NGN deposits 0.1% maker/taker 75+ Africa-focused, user-friendly
Kraken No direct NGN; via stablecoins 0.25% maker & 0.4% taker 200+ Security reputation, margin trading
KuCoin P2P or stablecoin 0.1% maker/taker 820+ Numerous altcoins & advanced features

Top 8 Crypto Exchanges in Nigeria – Detailed Reviewed

1. Binance – Best Crypto Exchange in Nigeria 

Binance

Source: Binance.com

Binance ranks among the largest and best crypto exchanges globally. It also remains a key choice in Nigeria for several reasons. First, it offers a robust P2P marketplace that allows Nigerian traders to buy and sell various digital assets directly from each other using local payment channels like bank transfers or mobile money. Binance’s spot market lists hundreds of tokens, with high liquidity that reduces slippage on large orders.

The exchange adopts a tier-based fee schedule, typically starting from 0.1% per trade, but advanced users can lower these costs by staking BNB tokens or meeting higher trading volumes. Binance also features advanced trading tools, futures markets, and staking opportunities, which can appeal to more experienced individuals seeking to diversify trading strategies.

When it comes to security, Binance implements two-factor authentication, withdrawal address whitelisting, and a dedicated insurance fund known as SAFU. However, some Nigerian users find the verification process lengthy and must navigate occasional regulatory hurdles.

Pros

  • Largest crypto exchange by trading volume
  • Low fees (starts at ~0.1%)
  • Huge selection of cryptocurrencies
  • Robust security

Cons

  • Regulatory scrutiny in some regions
  • Can be overwhelming for beginners
  • Limited fiat deposit methods in Nigeria
binance-logo-2

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2. Bybit – Best Derivatives Trading Platform 

Bybit

Source: Bybit.com

Bybit attracts crypto traders largely for its futures and derivatives offerings, but it has grown to include spot trading, staking, and other functionalities. Nigerian users who enjoy short-term speculation or hedging strategies might benefit from the platform’s quick matching engine and numerous order types.

While Bybit does not always provide direct naira deposit channels, many Nigerian traders utilize peer-to-peer transfers or stablecoins to bridge the currency gap. Bybit’s fee model often rewards active participants, with maker fees possibly dipping below taker fees if your 30-day volume is substantial. For security, Bybit mandates identity verification at higher tiers, uses offline cold storage for a large portion of user funds, and enforces multiple layers of withdrawal protection.

Bybit stands out among Nigerian traders who prize extensive derivatives options, relatively low fees, and an interface streamlined for higher-volume trading.

Pros

  • No KYC required for basic trading
  • Competitive trading fees
  • Strong futures and derivatives market
  • Fast order execution and deep liquidity

Cons

  • Limited fiat on-ramp options for Nigerian users
  • Not beginner-friendly due to advanced trading tools
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3. Bitget – Best Copy Trading Platform in Nigeria

Bitget

Source: Bitget.com

Bitget has rapidly gained recognition for its derivatives market, including futures and options, as well as its growing spot trading segment. For Nigerian traders who enjoy advanced financial products, Bitget offers a quick and stable trading interface, with leverage options on many major cryptocurrencies. Even though direct naira deposits are limited, users can top up accounts via stablecoins or international payment channels, and then exchange them for BTC, ETH, and a roster of altcoins.

Beyond standard spot and futures, Bitget also has advanced trading features and copy trading, which lets newcomers shadow the moves of more experienced investors. This function can shorten the learning curve for individuals new to sophisticated strategies. Occasionally, promotions or volume-based discounts can reduce these rates further.

Security-wise, Bitget enforces measures such as cold storage of funds, withdrawal address whitelisting, and mandatory two-factor authentication for high-volume activities. Overall, Bitget stands out for traders who prioritize derivatives and would like an interface supportive of automated strategies, although direct NGN deposit features remain less comprehensive than on some competitor exchanges.

Pros

  • Low trading fees
  • Social copy trading feature for beginners
  • Supports a variety of altcoins
  • Strong security features

Cons

  • Lower liquidity compared to Binance and Bybit
  • Limited fiat deposit options for Nigerians
bitget-token-new-bgb-logo

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4. Coinbase – Best Crypto Exchange for Beginners

Coinbase

Source: Coinbase.com

Coinbase is known worldwide for its friendly user interface, making it a favorite trading platform among beginners. Nigerian traders can sign up for an account and purchase mainstream coins like Bitcoin, Ethereum, and selected altcoins. However, the main challenge often lies in funding methods, as Coinbase does not always provide direct naira deposit options. Instead, many Nigerians rely on credit cards, stablecoins, or alternative cross-border channels.

Coinbase’s advantage is the streamlined interface, which clearly shows balances, transaction histories, and easy buy/sell buttons. The simplicity helps first-time crypto users overcome intimidation by complicated market data. On fees, Coinbase can be pricier than some competitors, especially when using cards to buy and sell crypto. Trading on Coinbase Advanced reduces costs slightly, but it requires shifting funds to that environment.

Security is one of Coinbase’s strong suits, featuring offline cold storage for most user assets, robust 2FA, and more. Overall, Coinbase suits Nigerian newcomers who don’t mind alternative deposit paths and prioritize a polished, no-frills experience.

Pros

  • Beginner-friendly interface
  • Highly regulated and trusted exchange
  • Strong security features and insurance for digital assets
  • Easy fiat deposit and withdrawal options

Cons

  • Comparatively high fees
  • Limited selection of altcoins compared to other exchanges
  • Not ideal for advanced traders
coinbase

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9.8

Coinbase Promotion

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5. Luno – Regulated Crypto Exchange in Nigeria

Luno

Source: Luno.com

Luno stands out as a long-standing platform that focuses on emerging markets, including Nigeria. From its inception, Luno has offered a user-friendly interface geared toward people transitioning from traditional finance to digital assets. Nigerian traders can often deposit and withdraw naira directly through bank transfers or local payment solutions, making this a convenient exchange in a market where fiat on-ramps can be tricky.

While the range of coins is somewhat limited, typically including Bitcoin, Ethereum, and a handful of select altcoins, Luno’s objective is to provide a stable environment rather than chase the latest hype tokens. The exchange keeps fees transparent, with a straightforward structure for spot trades. Many appreciate Luno’s built-in wallet, though high-volume traders or those demanding advanced charting might wish for more extensive trading tools.

Customer support is among Luno’s biggest selling points, with local staff handling common deposit or withdrawal issues that arise in Nigeria’s banking context. Security-wise, Luno employs cold storage, 2FA, and systematic risk checks to protect user assets. Although it may lack the advanced features found on global giants, Luno’s reliability, direct fiat acceptance, and straightforward design make it a go-to for newcomers as well as intermediate crypto enthusiasts in Nigeria.

Pros

  • Easy-to-use platform for Nigerian traders
  • Supports direct Naira deposits and withdrawals
  • Offers savings accounts for crypto assets

Cons

  • Limited number of supported cryptocurrencies
  • Higher trading fees compared to other global exchanges

6. Quidax – Best Nigerian exchange with direct NGN support

Quidax

Source: Quidax.com

Quidax bills itself as an African-focused exchange, deliberately streamlining processes such as naira deposits and withdrawals. Quidax’s interface caters to those who prefer direct buy and sell features, but it also accommodates limit orders for more seasoned traders. Popular coins like BTC, ETH, and stablecoins are well-supported, although the range of altcoins remains moderate compared to massive global platforms.

Fees on Quidax are competitive, particularly for standard spot trading. Deposits via bank transfer or similar local payment services often carry minimal or no fees, making it easier for Nigerians to move money in and out. P2P transactions can be part of the Quidax experience as well, though the main allure lies in the official integration with regional banking networks.

Quidax enforces KYC requirements in compliance with anti-money laundering protocols and uses both cold storage and 2FA for user accounts. While it is not as well-known globally, Quidax shows that localized approaches can offer better user experiences for a niche like the Nigerian market. This localized perspective is likely its strongest differentiator.

Pros

  • Specifically designed for African crypto traders
  • Supports direct Naira deposits and withdrawals
  • User-friendly interface

Cons

  • Limited crypto selection
  • Smaller liquidity compared to global exchanges

7. Kraken – Safest Crypto Exchange in Nigeria

Kraken

Source: Kraken.com

Kraken has long established itself as one of the most security-minded and regulation-conscious exchanges on the market. One potential drawback for Nigerians is that Kraken does not always offer direct support for naira deposits, and this availability fluctuates somewhat unpredictably. Users often resort to converting NGN into a major currency like USD or EUR through third-party methods, then funding their Kraken account.

Once the funds arrive, they can trade on Kraken’s relatively low-fee structure, which uses a maker-taker model starting around 0.16 percent for makers and 0.26 percent for takers. Kraken’s reputation for strong security includes features like two-factor authentication, withdrawal address locks, and its own proof-of-reserve transparency.

While users from Nigeria may have to jump through a few extra hoops for fiat deposits, the platform’s stability, liquidity, and advanced tools make it worthwhile for committed traders who prize reliability.

Pros

  • One of the oldest and most reputable exchanges
  • High security and regulatory compliance
  • Low trading fees

Cons

  • Complex interface for beginners
  • Limited fiat deposit options for Naira
Kraken

User Score

9.8

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8. KuCoin – Best P2P trading platform for Nigerians

KuCoin

Source: Kucoin.com

KuCoin is one of the top P2P trading platforms in Nigeria. It offers both spot trading and derivative products like futures and leveraged tokens. Nigerians often turn to KuCoin for its trading features and broad variety of altcoins, including many lower-market-cap projects not found on mainstream exchanges. The interface strikes a balance between newcomer accessibility and deeper functionalities such as limit, stop, and margin trades for more sophisticated users.

KuCoin operates a P2P market with multiple stablecoin ramps. Fees tend to be tier-based, with maker and taker fees typically starting at 0.1%. Regular promotions or staking opportunities can further reduce costs. Security includes a combination of cold storage, multiple authentication layers, and specialized anti-phishing tools.

The platform’s customer support has improved over time but may still rely largely on ticket-based systems. Overall, KuCoin suits those seeking broader token exposure and flexible trading options, but fiat currency conversions in Nigeria’s banking environment may require some creativity.

Pros

  • Massive selection of cryptocurrencies
  • No mandatory KYC for small transactions
  • Offers futures, staking, and lending services

Cons

  • Not fully regulated in some jurisdictions
  • Limited fiat deposit options for Nigerian traders

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How to Choose a Nigerian Crypto Exchange?

Finding the best crypto exchange in Nigeria requires balancing fees, coin availability, security, and local regulations. You might put a higher value on certain features than others: some value a wide selection of altcoins, while others need easy naira deposits. Take a look at the key elements to weigh.

Trading Fees

Start by looking at the platform’s fee structure. Is it a maker-taker model that rewards adding liquidity, or does it charge a flat rate on each trade? Keep an eye out for hidden extras, such as deposit costs or crypto withdrawal fees.

High-frequency traders should look for tiered discounts that reduce overhead, while occasional buyers may prioritize convenience over marginal fee differences.

Available Cryptocurrencies

If you only plan on holding major assets like Bitcoin or Ethereum, nearly any exchange will do. However, if you want exposure to niche altcoins or DeFi tokens, stick to an exchange listing a wide range of coins. Some platforms focus on mainstream cryptos, while others specialize in new or less-known tokens. The more pairs you have access to, the easier it becomes to diversify or seize market opportunities.

Payment Methods

Nigerian traders often deal with strict banking rules, so verifying deposit and withdrawal options is essential. Platforms like Luno or Quidax may allow direct NGN bank transfers, while others rely on P2P transactions or stablecoin deposits.

Credit card and e-wallet integrations can also be handy, but watch out for high surcharges. Confirm processing times, daily limits, and whether the exchange charges extra for specific payment methods to avoid surprises when funding your account.

Security measures

Security stands paramount in the crypto space. Look for 2FA, cold storage of funds, and robust account activity logs that spot suspicious behavior. Exchanges like Kraken emphasize advanced security protocols, while others offer insurance pools for user assets. Check if the exchange provides the option to whitelist withdrawal addresses, which provides an additional layer of defense.

Accessibility

Make sure the platform’s interface suits your trading preferences—some sites present simpler buy/sell buttons, while others feature sophisticated dashboards full of real-time data. Also, test whether the exchange has a mobile app if you want to trade on the go.

On top of that, consider whether the website or app runs smoothly on your devices and internet connection. High-latency or unresponsive interfaces can mean missed opportunities, especially if you plan on rapidly adjusting orders.

Liquidity of Crypto Assets

Liquidity impacts how quickly and at what price you can buy or sell. Exchanges with deep liquidity generally have tighter spreads, reducing the cost of trading. A less liquid platform might subject you to slippage on larger trades or slow order execution.

Liquidity also correlates with trading volume: the higher the volume, the more predictable the order book. Review daily volume stats for your chosen tokens before executing big buys or sells.

Support

Customer service can be vital if deposits get stuck or your account faces a security flag. Check whether an exchange offers live chat, email, or phone support and whether they post average response times. Some platforms maintain community forums or social media channels that can accelerate problem-solving.

Be wary of those with a history of unresponsive or unhelpful support, as resolving issues under time pressure can be crucial in the fast-moving crypto market.

User Interface

A cluttered layout might deter newcomers, while advanced traders often need robust charting packages or multiple order types. Inspect screenshots or sample the exchange’s demo (if available).

If you struggle to locate essential functions like deposit pages or trade execution, that confusion might cost you real money in the future. A good user interface should strike a balance: enough depth for complex tasks but not so busy that it intimidates less experienced traders.

Regulatory compliance

With Nigeria’s evolving stance on digital assets, it is wise to pick an exchange that respects local and international guidelines. Compliant platforms request thorough KYC checks and cooperate with financial authorities, enhancing trust. Although compliance can involve additional steps—like identity verification—it also helps safeguard user funds and clarifies the exchange’s legitimacy.

Confirm whether the platform can handle NGN deposits legally, or if it uses P2P or third-party partners to circumvent restrictions.

Types of Crypto Exchanges

Not all exchanges are built the same, and Nigerian users may find one type more appealing than another. Centralized exchanges (CEXs) typically operate under a company that manages order books, user accounts, and often custody of funds.

On the other hand, decentralized exchanges (DEXs) run using smart contracts rather than centralized servers. Users retain control of their private keys, which reduces hacking risks but can introduce complex interfaces.

Peer-to-peer exchanges are another type, letting buyers and sellers negotiate trades directly, sometimes with escrow services. Many Nigerians use P2P platform to deposit naira without the bank friction that arises from direct transactions.

How to Buy Crypto & Bitcoin in Nigeria

  1. Choose a Cryptocurrency Exchange: Identify an exchange that suits your needs by checking fees, coin availability, and deposit options for Nigerian traders.
  2. Register & Verify Your Account: Create an account by submitting an email address or phone number and setting a strong password. Most exchanges require KYC, asking for an ID document and, in some cases, a selfie or proof of address. This verification can unlock higher deposit or withdrawal limits.
  3. Secure the Account: Enable features like 2FA to protect your login better. Some platforms also allow address whitelists for withdrawals.
  4. Deposit Funds: Transfer local currency through bank or P2P channels, or deposit crypto from an external wallet.

Nigerian Crypto Regulations

Nigeria’s approach to cryptocurrency has evolved over time, often reflecting the Central Bank of Nigeria’s desire to maintain financial stability. In early 2021, the central bank reiterated a directive to local banks to avoid facilitating direct crypto transactions.

Since then, many major exchanges have relied on P2P solutions or alternative methods to allow Nigerians to fund cryptocurrency trading accounts. Despite these constraints, the crypto ecosystem continues to grow, largely driven by individuals looking to bypass inflation, partake in international markets, or send remittances efficiently.

The regulatory environment in 2025 is still subject to ongoing discussions. Lawmakers and financial authorities seek to balance consumer protection with the pursuit of innovation. Officially, banks may be hesitant to clear direct naira-to-crypto deposits, so you often find that regulated exchanges either use P2P channels or stablecoin conversions.

Although not strictly illegal, cryptos in general remain in a somewhat gray area for some banking processes. That said, the local tech community and high youth adoption rates could encourage more relaxed guidelines eventually.

Can You Use Nigerian Debit or Credit Cards to Buy Crypto?

This option can be limited, largely due to central bank policies. Some international exchanges allow card payments, but they might be processed as foreign transactions or flagged by local banks. Many Nigerian traders prefer P2P marketplaces, where a buyer can transfer NGN to a seller’s bank account. If you do attempt a card deposit, confirm the exchange’s policy and any associated fees, since they may be higher than local alternatives.

How is Crypto Taxed in Nigeria?

Nigeria has no fully developed crypto tax framework, but general business or capital gains principles can apply. If you realize profits from trading or digital asset investments, you might owe taxes on that income. Federal and state authorities vary in enforcement, and many individuals remain unclear on precise guidelines. To avoid surprises, keep detailed records of trades, deposits, and withdrawals. Seeking counsel from an accountant or closely monitoring announcements from policy-makers is wise.

Conclusion

Finding the best crypto exchange in Nigeria centers on identifying which platform meets your priorities: straightforward NGN deposits, robust security, a large coin selection, or advanced derivatives. Despite the regulatory hurdles, a variety of choices exist, from local players like Luno or Quidax to global giants like Binance or Bybit.

Be sure to verify deposit methods, user protections, and any fee structures before taking the plunge. That way, you’ll be in the best possible position to make informed choices about your next crypto move.

FAQs

Is cryptocurrency legal in Nigeria?

Crypto trading itself is not outright banned, though local banks face restrictions on direct transactions. Most Nigerians use P2P platforms or stablecoins to manage fiat on-ramps.

Are There Bitcoin ATMs in Nigeria?

Bitcoin ATMs are rare in Nigeria, making them one of the rarer ways to buy Bitcoin. A few exist in major cities, but most activity occurs through exchanges or P2P markets, given local banking limitations on crypto transactions.

Can i use Coinbase in Nigeria?

Coinbase exchange is not listed as available in Nigeria due to regulatory issues and regional restrictions. This means that Nigerians might have limited access to its features, such as buying, selling with fiat currency (Naira) or direct NGN deposits/withdrawals through the platform.

Which crypto wallet is best for Nigeria?

Wallet choice depends on your desired functionality, but there are some recommended crypto wallets. Offline hardware wallets like Ledger remain highly secure, while user-friendly mobile wallets such as Trust Wallet or MetaMask also see wide adoption.

Which crypto app has p2p in Nigeria?

Binance, KuCoin, and some local platforms like Luno or Quidax feature P2P marketplaces. These P2P platforms let users trade crypto to fund accounts or buy crypto by exchanging fiat directly with other traders.

How Can I Buy Bitcoin in Nigeria?

To buy crypto and Bitcoin in Nigeria, you need to register on an exchange supporting Nigerian deposits, complete KYC, and deposit NGN via bank transfer, P2P, or a stablecoin route. Then, place a buy order for BTC or another cryptocurrency that you like in the spot or P2P section.

The post 8 Best Crypto Exchanges in Nigeria for 2025 appeared first on NFT Evening.

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8 Best Crypto Exchange in New Zealand (NZ) for 2025 https://nftevening.com/best-crypto-exchange-in-new-zealand/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-exchange-in-new-zealand Sun, 02 Mar 2025 07:13:46 +0000 https://nftevening.com/?p=146744 Choosing the best crypto exchange in New Zealand can shape your entire journey into digital assets, whether you are buying Bitcoin for the first time or trading a broad range

The post 8 Best Crypto Exchange in New Zealand (NZ) for 2025 appeared first on NFT Evening.

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Choosing the best crypto exchange in New Zealand can shape your entire journey into digital assets, whether you are buying Bitcoin for the first time or trading a broad range of cryptocurrencies. Although many exchanges accept New Zealand dollars or support multiple payment methods, they differ in fees, security measures, and local regulations. Understanding which platform meets your needs is essential for protecting your funds and trading effectively.

Here, we’ll dig into the best crypto exchanges available in NZ, so you can find the right one for your needs. We’re going to look at their pros and cons, along with a brief rundown of regulatory considerations. By the end, you will be prepared to pick an exchange that offers seamless trading, reliable customer support, and compliance with New Zealand’s financial rules.

List of the Best Crypto Exchanges in New Zealand

  1. MEXC: Best for variety of altcoins and specialized trading pairs.
  2. Bybit: Best for advanced derivatives trading and competitive fee structures.
  3. Binance: Best for global liquidity and wide range of assets.
  4. Swyftx: Best for bridging fiat on-ramps with easy local NZD deposits.
  5. Coinbase: Best for beginners, with accessible interface and trusted brand.
  6. Independent Reserve: Best for regulated compliance and local users.
  7. Easy Crypto: Best for streamlined trading without overwhelming trading options.
  8. Crypto.com: Best for integrated products such as Visa cards, staking, and NFT marketplace.

Comparison of Best Crypto Exchanges in NZ

Comparing one crypto platform to another can get confusing fast. So to help, we’ve done the legwork and dropped a table below, comparing key features among the eight exchanges discussed, focusing on factors such as fees, deposit methods, supported cryptos, and user-friendliness. This snapshot can help narrow down your choices based on what matters most to you.

Exchange NZD Support Trading Fees Crypto Variety Key Strength
MEXC Indirect (via stablecoins or crypto) Moderately low Wide range (many altcoins) Large altcoin selection
Bybit Indirect Competitive, especially for derivatives Broad, focusing on futures Advanced trading features
Binance Partial (via partners) Low, tier-based Hundreds of trading pairs Massive liquidity, global brand
Swyftx Direct NZD bank transfer Low to moderate Most mainstream assets Easy deposits, Aussie-based
Coinbase Limited direct NZD channels Varies (higher for credit cards) A wide but curated list Beginner interface, strong security
Independent Reserve Direct NZD Tiered, volume-based Focus on major cryptos Regulated environment, local support
Easy Crypto Direct NZD (broker format) Transparent, displayed at checkout Major cryptos, fewer altcoins No-frills buying and selling
Crypto.com Indirect (credit cards, crypto) Tiered, discount for CRO stakers Over 100 assets, integrated ecosystem All-in-one features: NFTs, Visa card

Top 8 Crypto Exchanges in New Zealand – Detailed Reviewed

1. MEXC

MEXC

Source: Mexc.com

MEXC is a globally recognized crypto trading platform known for its deep selection of altcoins and tokens, often listing them earlier than many competitors. This broad availability attracts enthusiasts who aim to diversify beyond mainstream assets like Bitcoin and Ethereum.

MEXC also supports margin and futures markets, making it suitable for traders looking for more complex strategies. Despite its sophisticated offerings, new users can navigate the exchange with a clear layout, allowing them to buy and sell digital currency without feeling overwhelmed.

While MEXC has not been specifically built for New Zealand dollars, Kiwi traders can deposit funds through several payment methods or crypto transfers. Certain on-ramp services, such as third-party providers, may charge extra fees, so it is wise to compare costs.

As with many international exchanges, MEXC complies with basic KYC and anti-money laundering requirements, meaning you must verify your identity for large transactions or withdrawals. The platform also includes features like staking, a robust reward center, and frequent promotional events that can benefit active traders.

MEXC places a strong emphasis on security, implementing two-factor authentication and strict account monitoring to guard against suspicious activities. That said, it is always recommended to store large holdings in a separate wallet you control. Overall, MEXC offers Kiwi traders a vast range of trading pairs and advanced tools, appealing to both curious newcomers and those seeking high-volume altcoin trading.

MEXC_square_logo-removebg-preview

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2. Bybit

Bybit

Source: Bybit.com

Bybit has gained traction among traders for its derivative products, leveraged contracts, and competitive fee schedule. Although it began largely as a derivatives-focused exchange, Bybit has broadened its offerings to include spot trading, staking, and various other crypto services.

Because it can handle large volumes of futures and margin trades, Bybit is especially appealing to advanced traders who want to pursue short-term speculation or hedge existing positions. The exchange’s sleek interface displays real-time order books, advanced charting, and other data that experienced traders often seek.

Kiwi users looking to deposit New Zealand dollars may need to rely on wire transfers or convert to stablecoins first. Bybit’s deposit and withdrawal fees vary, and the platform sometimes runs promotions that waive certain costs.

While Bybit historically required minimal KYC, it has gradually implemented stricter identity checks in compliance with evolving regulations. This can be a positive step toward building user trust, but it also means Kiwi investors must be prepared to complete some personal verification before fully accessing higher-tier features.

One of Bybit’s standout aspects is its emphasis on fast matching engines and minimal downtime. That reliability is crucial, especially for anyone trading high-leverage contracts. Bybit also offers insurance funds to help manage risks from massive liquidations. Traders, however, should remain cautious and fully grasp the risks of leveraged products. For those who understand derivatives, Bybit can be an appealing choice for buying, selling, or managing crypto.

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3. Binance

Binance

Source: Binance.com

Binance is a worldwide leader in cryptocurrency trading, boasting one of the highest daily trading volumes and extensive offerings across spot, futures, margin, and staking. It is a favorite for many traders seeking access to hundreds of assets, including exotic altcoins.

The platform’s interface can be tailored to user experience levels, with a streamlined mode for newcomers and an advanced mode for professional traders. Several built-in tools, such as charting, real-time market data, and order types, help traders execute strategies effectively.

For New Zealanders, Binance offers flexible deposit and withdrawal methods, though direct New Zealand dollar support may be limited at times. Often, users will deposit another fiat currency or stablecoins, and then begin trading. Binance includes perks like Binance Earn, an area to stake or lend crypto for passive income.

On top of that, the exchange has launched its own blockchain solutions (BNB Chain) and a vast ecosystem that covers NFTs, gaming, and more, which can be a draw for enthusiasts wanting an all-in-one crypto hub.

While Binance is recognized for its competitive fee structure and liquidity, it continues to face compliance challenges in certain jurisdictions. As a result, the platform has introduced region-specific versions, each with varying KYC steps and permissible features. Security remains a major focus, supported by measures like two-factor authentication and a SAFU (Secure Asset Fund for Users) that covers losses in extreme scenarios.

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4. Swyftx

Swyftx

Source: Swyftx.com

Swyftx is an Australia-based exchange that offers friendly services to New Zealand customers. It offers a smooth way to buy, sell, and trade crypto with NZD support. The platform’s straightforward user interface caters to newcomers by presenting a simplified dashboard and clear real-time price charts.

Swyftx also aggregates liquidity from multiple exchanges in the background, sometimes resulting in more favorable rates. Because the platform prioritizes ease of use, depositing with local bank transfers or even PayID (through its Australian roots) can be convenient.

While Swyftx may not list as many altcoins as some global giants, it covers the most popular assets, including Bitcoin, Ethereum, and various other leading cryptos. Trading fees are generally competitive, set at a low percentage per trade, and displayed transparently. There is also a demo mode that lets you practice trading with virtual funds, which can be an appealing feature for people still learning the ropes.

Swyftx enforces KYC checks that align with Australian and New Zealand regulations, so you will need to provide identity documents before you can fully transact. Customer support has garnered positive reviews for offering quick solutions via email or chat. For local investors who prioritize easy bank transfers and minimal complexities, Swyftx stands out as a handy solution. Still, more advanced traders may prefer an exchange with expanded markets or derivative products.

5. Coinbase

Coinbase

Source: Coinbase.com

Coinbase is among the most recognized names in the global crypto market, with a user-friendly interface that appeals to newcomers. Although it caters primarily to U.S. clients, Kiwi investors can often deposit funds via credit card or certain wire transfer options.

The platform supports many of the top cryptocurrencies, including Bitcoin, Ethereum, and a rotating selection of altcoins. For everyday trades, Coinbase’s straightforward interface can be a valuable plus, while Coinbase Advanced Trade offers lower trading fees and advanced tools for more active users.

One potential downside is that fiat deposits or withdrawals may require extra steps for New Zealanders, sometimes resulting in higher fees compared to exchanges that offer direct NZD support. On the positive side, Coinbase is known for strong security measures, such as offline cold storage for most client funds and two-factor authentication at login. The exchange also maintains insurance coverage for digital assets in the event of hacking or operational errors.

Another perk is Coinbase’s educational content and earned rewards program, which pays small crypto amounts for learning about new tokens. These features can help novices expand their holdings while broadening their crypto knowledge. Overall, Coinbase’s ease of use and dependable security infrastructure make it a top choice for those fine with potentially converting NZD to other currencies first.

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User Score

9.8

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6. Independent Reserve

Independent Reserve

Source: Independentreserve.com

Independent Reserve is an Australian-based exchange that welcomes New Zealand customers and provides direct NZD deposit options. It targets users who value regulatory compliance and transparent operations. The platform supports a balanced range of cryptocurrencies, focusing mostly on high-demand assets such as Bitcoin, Ether, and leading altcoins. Users can deposit via bank transfers, though processing times vary. Independent Reserve also enables recurring buy orders for those who prefer dollar-cost averaging strategies.

Known for its robust security and insurance coverage on some client assets, Independent Reserve has earned a reputation as a reliable trading spot for individuals who prefer a more traditional finance feel. Trading fees are tiered by volume, so higher-volume traders enjoy reduced rates, while occasional investors pay a modest transaction percentage. Unlike some global platforms, Independent Reserve’s customer support remains tailored to local markets, offering timely help for questions about NZD transfers or account verification.

Because it heavily adheres to compliance requirements, new users must pass through KYC checks and provide proof of identity and address. This process is standard in most advanced crypto markets but may surprise those accustomed to less formal signups. Overall, Independent Reserve suits those who appreciate a regulated environment, direct fiat on-ramps, and a no-frills platform centered on mainstream crypto assets.

7. Easy Crypto

Easy Crypto

Source: Easycrypto.com

Easy Crypto stands out for offering a direct, simple buying and selling experience, especially suited to newcomers in New Zealand. Unlike centralized exchanges with order books and trading pairs, Easy Crypto acts more like a brokerage.

Users pick a coin, define how much to spend or receive, and then settle the transaction. This convenience means Kiwi traders can purchase Bitcoin or Ethereum with bank transfers or certain payment methods without dealing with complex charts or order matching.

Easy Crypto’s interface also lists real-time rates for numerous cryptos, giving full cost transparency before you commit. The platform is well-regarded for shipping coins directly to your external wallet address, allowing you to maintain custody of your digital assets. Still, advanced traders might miss out on features like margin trading, staking, or more specialized markets. Easy Crypto focuses on simplicity over complexity, which can be a clear benefit if you just want to build a small portfolio.

Customers praise Easy Crypto’s fast and responsive customer service, along with its local presence in New Zealand. Because all accounts must pass identity verification under anti-money laundering laws, be prepared to provide ID documents. Once cleared, the overall checkout feels like a typical online transaction, delivering an easy user experience. As a result, Easy Crypto is often recommended to newcomers seeking a straightforward path into digital assets.

8. Crypto.com

Crypto.com

Source: Crypto.com

Crypto.com offers a one-stop shop approach to crypto, combining spot trading, staking, an NFT marketplace, and even Visa cards that let you spend digital funds in everyday life. Because it covers such a broad ecosystem, the platform can attract those who want more than just buying and selling. Although it is not based in New Zealand, Kiwi users typically access it through bank card deposits or wire transfers. Fees vary by method, so verifying any extra costs is wise.

High-volume traders can take advantage of discounted fees and deeper liquidity, especially for major coins like Bitcoin, Ether, and stablecoins. Meanwhile, the Crypto.com Visa card offers perks such as cash-back paid in CRO tokens, depending on how much CRO you stake. Since CRO is the platform’s native token, participants who hold sufficient amounts can unlock increased benefits or reduced fees.

In terms of usability, Crypto.com’s mobile app appeals to beginners, while the exchange interface caters more to experienced traders seeking advanced order types. Be mindful of multi-step identity verification to comply with local regulations.

For security, Crypto.com stores significant portions of funds offline and enforces standard protective measures like two-factor authentication. Overall, its broad product suite makes it appealing to Kiwi users who want an all-in-one solution for trading, investing, and spending crypto.

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How to Choose a New Zealand Crypto Exchange

Choosing from the best crypto exchanges in New Zealand is not just about finding low fees. Different platforms suit different needs, from casual users wanting straightforward purchases to advanced traders requiring complex order types. Here are some of the major considerations when you’re narrowing down your exchange options.

User Interface & trading tools

A cluttered or confusing layout can frustrate newcomers, while advanced traders often want comprehensive charting. Check whether the interface can switch between a simplified view for new users and a professional dashboard for more complex trades. User experience sets the tone for how smoothly you can navigate deposits, orders, and withdrawals.

Payment Methods

Confirm whether the exchange directly supports New Zealand dollars, which may allow for convenient bank transfers and simpler on-ramps. Some global platforms only accept credit cards, stablecoins, or third-party intermediaries. Each option can come with varying deposit fees or processing times. Remember, direct NZD deposits typically minimize conversion steps and associated charges.

Available Cryptocurrencies

Certain exchanges list hundreds of tokens, while others limit selection to mainstream assets like Bitcoin and Ether. If you plan to trade or invest in specific altcoins, verify they are listed before creating an account. Platforms with more variety may suit diversification strategies, although smaller token markets can incur higher spreads or low liquidity.

Trading Fees & Limits

Look carefully at how each exchange structures its fees, which can include per-trade commissions, maker-taker models, or deposit and withdrawal costs. Additionally, check whether daily, weekly, or monthly limits apply, especially if you intend to trade larger volumes. Some exchanges offer tiered fee discounts based on higher trading activity or staking a native token.

Accessibility

Trading should fit your lifestyle. If you prefer an app for on-the-go trading, see if the exchange offers an Android or iOS client. Those who trade via desktop might value a web-based dashboard. Accessibility also covers region-specific restrictions—confirm that your exchange welcomes New Zealand residents, or if special terms apply.

Loyalty programs & discounts

A few exchanges reward active users through perks like reduced fees, higher withdrawal limits, or weekly bonus payouts. Some run referral programs that give you or your invitees extra benefits. Meanwhile, others have native tokens that let you stake for cost savings. While these incentives can be beneficial, it is worth examining token volatility or lock-up requirements.

Exchange rates

If you plan to move fiat currency in and out, be aware of potential exchange rate markups. Different platforms apply varying spreads or slight markups above the global average. Although these differences may seem small, frequent traders or larger buys can see the gap add up quickly. Comparison shopping can preserve your capital.

Liquidity of Crypto Assets

Liquidity dictates how quickly and at what price you can buy or sell assets. On a less-liquid exchange, large orders may cause price slippage. For some traders, that can be costly. Checking 24-hour volumes or an exchange’s order book depth helps avoid friction if you anticipate larger transactions or frequent trades.

Account Verification

Nearly all regulated platforms require identity checks, especially if you plan to deposit NZD or surpass certain trading thresholds. Expect to submit a photo ID, proof of address, and possibly a selfie. While this step can feel tedious, it is part of anti-money laundering compliance. Completing KYC early can help avoid delays when you want to trade.

Processing times

Consider how quickly deposits or withdrawals clear. Bank transfers may take a day or more, while credit card transactions can be instant but come with higher fees. Likewise, crypto withdrawals sometimes need multiple blockchain confirmations. If you value speedy access to your funds, prefer an exchange known for prompt crediting of deposits and fast withdrawal handling.

Security

Leading exchanges typically employ practices like offline cold storage, encryption, and two-factor authentication. Check how user funds are safeguarded. Some platforms operate insurance pools that reimburse customers if the site is compromised. Security also hinges on your personal measures, such as using strong passwords and never disabling two-factor authentication.

Regulation

In New Zealand, the Financial Markets Authority (FMA) provides guidelines for cryptocurrency businesses. Exchanges that comply with AML and KYC rules protect users from fraud and regulatory hurdles. Make sure your chosen platform discloses details about licensing or registration. This legitimacy can mean fewer issues if you encounter disputes or transaction anomalies.

Customer support

Even the best tools sometimes need human help. Investigate which exchanges offer 24/7 chat or email help. Some might restrict service to U.S. time zones or handle queries slowly. Prompt, efficient support can be vital if you ever experience account lockouts, missing funds, or technical glitches. Browse user reviews for real-world insights into support quality.

Types of Crypto Exchanges

Crypto exchanges come in a few varieties, each suited to different trading styles or privacy preferences. Centralized exchanges, or CEXs, are run by a company that maintains order books, custody of user funds, and matching engines. They often provide robust services such as advanced charting, margin trading, and strong liquidity, but they require KYC verification and a certain level of trust in the company’s security measures.

Decentralized exchanges, or DEXs, rely on automated smart contracts instead of intermediaries to facilitate trades. Users keep custody of their funds at all times, connecting wallets directly to the platform for peer-to-peer transactions. While DEXs often carry lower counterparty risk, they may have limited coin listings, slower transaction confirmations, or higher on-chain fees depending on the network used.

Finally, broker-style services streamline the purchase process by quoting a single price. You may pay a spread or service fee in exchange for the convenience of skipping complex order books. These platforms usually suit newcomers who desire a straightforward approach to acquiring digital assets, although they may not offer the range of trading features found on CEXs or DEXs.

How to Sign Up for a Cryptocurrency Exchange Account

  1. Choose an Exchange: Begin by picking a platform that fits your needs, keeping in mind factors such as coin variety, fees, and local regulations.
  2. Register: Visit the exchange’s website or download its mobile app. Create an account by entering your email address and choosing a secure password.
  3. Verify Your Identity: Almost every exchange enforces KYC checks. Upload an official ID (for example, a passport or driver’s license), proof of address, and any additional documents required. This process can take from a few minutes to a few days, based on the platform’s workload and internal policies.
  4. Secure Your Account: Immediately enable two-factor authentication (2FA) after creating your account. This adds a layer of security against unauthorized logins.
  5. Fund Your Wallet: Deposit New Zealand dollars, another fiat currency, or crypto from an external wallet. Double-check any minimum deposit amounts or deposit fees.
  6. Start Trading or Investing: Once your account is funded, you can browse the available coin listings, place trades, or engage in additional services like staking, yield farming, or NFT transactions.

New Zealand Crypto Regulations

New Zealand’s legal framework around cryptocurrency is gradually evolving, but it emphasizes consumer protection and compliance with anti-money laundering and counter-terrorism financing policies. Exchanges operating in New Zealand must typically register with relevant authorities, follow KYC processes, and ensure customer funds are safely managed. The FMA sometimes issues guidelines on crypto services, though these guidelines stop short of absolute licensing for most digital asset platforms.

Because digital assets are seen as either property or a form of investment, investors may bear tax obligations. When you sell coins at a profit, it may be considered taxable income, especially if you actively trade. The Inland Revenue Department (IRD) advises citizens to keep detailed records of transactions, including purchase price, sale price, and any associated fees. Failure to correctly report gains or abide by AML requirements can lead to penalties.

From a consumer perspective, these regulations aim to eliminate fraudulent operators and protect everyday traders from unethical practices. While compliance might add steps to the onboarding process, it can also foster more reliable exchanges. New Zealand-based platforms, such as Independent Reserve or Easy Crypto, often highlight compliance with local laws to assure customers that their funds and personal data are safeguarded. International exchanges, like Binance or Coinbase, may also comply by restricting certain features or verifying user identity more thoroughly. Monitoring the latest announcements from FMA can provide additional clarity on shifting policies.

Can You Use New Zealand Debit or Credit Cards to Buy Crypto?

Many global exchanges allow debit or credit card purchases, but each platform’s fees and acceptance policies vary. Some local players, like Easy Crypto, let you pay via direct bank transfers instead. Credit card purchases usually clear quickly, though they may involve foreign transaction costs or a markup on exchange rates. Debit card usage can be easier to budget but may require extra verification steps. Be sure to compare the final amounts before confirming your purchase.

How is Crypto Taxed in New Zealand?

New Zealand categorizes profits from crypto as taxable income or capital gains, depending on intent and frequency of trading. The IRD guidelines advise detailed record-keeping to track each transaction, along with the relevant fiat values at the time of the trade. If you buy and hold crypto as a long-term investment, the tax treatment may differ from short-term trading or mining activity. For clarity, consult a tax professional or directly reference IRD resources to ensure you file returns correctly.

Conclusion

Finding the best crypto exchange in New Zealand hinges on considering local regulations, deposit methods, and the trading features you require. Platforms range from globally dominant names like Binance to region-focused ones like Independent Reserve and Swyftx, each possessing unique selling points. Prioritizing transparent fees, user-friendly onboarding, and robust security can help you safeguard your holdings while you trade, invest, or explore new digital assets. Stay informed about evolving rules and keep an eye out for the latest trends, ensuring a more confident crypto journey.

FAQs

Is Binance legal in New Zealand?

Binance is not banned in New Zealand, but local guidelines apply. Users should confirm that deposit options and compliance steps meet regional KYC requirements before trading on Binance’s global platform.

Which crypto wallet is best in New Zealand?

It depends on your needs. Hardware wallets like Ledger offer strong security, while free software wallets such as Exodus or MetaMask can handle multiple coins. Always prioritize secure key storage.

Are There Bitcoin ATMs in New Zealand?

Yes, though they are relatively few. Major cities, especially Auckland and Wellington, host a limited number of Bitcoin ATMs. Check online maps or operator websites to locate a nearby machine.

How to buy crypto in New Zealand?

Sign up for a regulated exchange, pass KYC checks, and deposit NZD or another currency. Place a market or limit order for your chosen coin. Transfer your purchased crypto to a secure wallet.

The post 8 Best Crypto Exchange in New Zealand (NZ) for 2025 appeared first on NFT Evening.

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Top 10 Solana Meme Coins Worth Investing In 2025 https://nftevening.com/solana-meme-coins/?utm_source=rss&utm_medium=rss&utm_campaign=solana-meme-coins Thu, 13 Feb 2025 07:05:43 +0000 https://nftevening.com/?p=146041 Solana blockchain meme coins are capturing investor interest thanks to the network’s speedy transactions, low fees, and vibrant community culture. Much like traditional meme coins on other blockchains, these Solana-based

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Solana blockchain meme coins are capturing investor interest thanks to the network’s speedy transactions, low fees, and vibrant community culture. Much like traditional meme coins on other blockchains, these Solana-based tokens combine humorous branding with speculative trading potential, often relying on community enthusiasm for growth. However, Solana’s developer-friendly ecosystem and higher throughput can help meme projects gain traction faster than on more congested networks.

In this guide, we’ll introduce the concept of Solana meme coins, explain how they work, and highlight some top projects to watch in 2025. While these coins can present a unique blend of fun and lucrative opportunities, they also carry heightened risk due to limited utility and rapid price swings. As with any crypto investment, thorough research and caution are advised before diving into this playful segment of the market.

What Are Solana Meme Coins?

Solana blockchain meme coins are playful, community-driven crypto tokens built on the Solana blockchain rather than more established networks like Ethereum. The term “meme coin” refers to cryptocurrencies that often originate from jokes, viral trends, or internet culture references, rather than focusing primarily on technology breakthroughs or extensive use cases. Despite their humorous origins, these projects can attract significant investor interest and develop substantial market capitalizations.

Solana-based meme coins typically leverage the chain’s key advantages—fast settlement times, minimal transaction fees, and a developer-friendly toolset—to create fun, frictionless trading experiences. They often incorporate viral marketing campaigns, social media engagement, and community events to expand awareness.

Projects like PENGU or BONK highlight how quickly new tokens can gain steam if they resonate with crypto communities, especially those seeking alternative assets beyond major blockchains like Ethereum or BNB Chain.

While some Solana meme coins may evolve into more serious initiatives (for example, adding DeFi features or forging partnerships with major exchanges), many remain entirely speculative. By understanding the comedic, decentralized finance community-based environment in which these tokens thrive, investors can better identify which projects have staying power and which may fade after a short period of hype.

How Solana Meme Coins Work

Solana meme coins follow the same core principles as other Solana-based tokens, relying on the network’s consensus mechanism (Proof of History combined with Proof of Stake) to validate transactions and maintain security.

This infrastructure lets users send, receive, and interact with meme coins just as they would with more utility-focused assets, only at very low fees and near-instant settlement speeds. Meme coins, however, center on community-driven narratives, humorous branding, and high engagement across social media platforms.

Top Solana Meme Coins

Source: CoinGecko

The creation of a new meme coin often starts with a basic token contract deployed via Solana’s developer tools, after which the team (or sometimes just a group of enthusiasts) sets up liquidity on decentralized exchanges or pursues centralized listings. From there, marketing efforts—like airdrops, giveaways, or influencer endorsements—help the meme coin investors spread awareness. These strategies can quickly build momentum if the coin’s comedic theme resonates.Additionally, some Solana meme coins introduce staking mechanisms or reflection-based tokenomics, wherein holders earn a share of transaction fees or new token issuances. Though these features attempt to foster loyalty and reduce selling pressure, the token’s longevity still depends heavily on ongoing community participation. Once online chatter or developer attention wanes, meme coins often lose their spark and experience steep declines in liquidity and price.

Top 10 Solana Meme Coins in 2025

1. BONK

BONK

Source: Bonkcoin.com

Market Cap: ~$2.213 Billion

BONK exploded onto the Solana scene in late 2022 as a dog-themed meme coin designed to energize decentralized exchanges. Half its supply was airdropped to the community, spurring massive adoption. Despite the comedic branding, BONK has integrated with dApps and NFT markets, propelling its market cap to billions.

2. PENGU

PENGU

Source: Pudgypenguins.com

Market Cap: ~$2.224 Billion

PENGU is a meme coin tied to the Pudgy Penguins NFT brand, launched in December 2024. Its airdrop strategy targeted NFT owners and Binance stakes, yielding quick viral traction. With fast Solana transactions and comedic appeal, it soared to become one of Solana’s largest meme coins. PENGU’s success stems from robust community engagement, strategic exchange listings, and persistent social media presence.

3. FARTCOIN

FARTCOIN

Source: CoinGecko

Market Cap: ~$1.213 Billion

FARTCOIN pairs humor with Solana’s high throughput, having originated in October 2024 through an AI-inspired meme pitch. Despite its playful brand, it quickly reached a billion-plus market cap. Most trading occurs on Solana-based DEXs, harnessing the network’s speed and cheap fees. However, FARTCOIN’s reliance on comedic marketing means its price can shift drastically on social buzz alone.

4. Gigachad (GIGA)

GIGA

Source: Gigachadsolana.com

Market Cap: ~$637 Million

Gigachad (GIGA) riffs off the internet’s “Giga Chad” meme, launching in early 2024. It rode endorsements from public figures, propelling it over the half-billion mark. GIGA thrives on masculine meme aesthetics, attracting fans of its bold marketing. Though it lacks significant utility, the coin’s cultural relevance helps sustain short-lived price rallies. Its long-term investment future hinges on ongoing hype and social campaigns. Without them, GIGA’s market value could face sharp drops.

5. AI16Z

AI16Z

Source: CoinGecko

Market Cap: ~$1.747 Billion

AI16Z is a comedic take on AI-themed cryptos, debuting in October 2024. It melds artificial intelligence buzz with Solana’s speed, rapidly climbing to a mid-range market cap. While developers hint at AI-based expansions, tangible features remain scarce, leaving speculation and influencer partnerships to drive interest.

6. Dogwifhat (WIF)

WIF

Source: Dogwifcoin.org

Market Cap: ~$1.741 Billion

Dogwifhat (WIF) arrived in November 2023 with a Shiba Inu donning a pink knit hat, leaning heavily on meme culture. Its whimsical branding struck a chord, propelling WIF into the billions in market capitalization. Traders appreciate WIF’s accessibility on multiple Solana exchanges, but note the lack of a formal roadmap.

7. PNUT

PNUT

Source: Pnutonsolana.com

Market Cap: ~$636 Million

PNUT skyrocketed after a viral backstory about an orphaned squirrel named Peanut touched the internet’s heartstrings. Driven by emotional tweets and influencer callouts, PNUT soared to a modest mid–hundred–million market cap. Listing on several prominent platforms boosted its profile, yet it lacks real technological innovation.

8. POPCAT

POPCAT

Source: Popcatsol.com

Market Cap: ~$581 Million

POPCAT emanates from the viral “Popcat” meme, featuring a wide-mouthed feline. Entirely community-run, it locked most tokens into liquidity while allocating a small fraction for future upgrades. Reaching nearly $600 million in market cap, POPCAT’s growth hinges on playful marketing and fan-driven events. Despite delivering minimal utility, it leverages Solana’s fast, low-fee environment to enable frictionless swaps.

9. MEW

MEW

Source: Mew.xyz

Market Cap: ~$543 Million

MEW (Cat in a Dog’s World) flips the dog-dominated meme narrative by focusing on felines. Its appealing tagline resonates with cat lovers, nudging MEW’s market cap to under $100 million. Built on Solana’s low fees, the token fosters small but loyal fans who enjoy the whimsical brand. DEX listings keep MEW accessible, though expansions or DeFi integrations remain uncertain. Investors must weigh the niche community approach, acknowledging that subdued hype limits large-scale growth potential.

10. BABYDOGE

BABYDOGE

Source: CoinGecko

Market Cap: ~$478 Million

Solana’s version of BABYDOGE puts a fresh spin on the well-known dog-themed branding, albeit on a smaller scale. With a philanthropic twist, it regularly organizes charity efforts for animal shelters, appealing to socially conscious traders. Its under-$500 million market cap indicates a modest audience, though it sees occasional price spikes following media coverage.

How to Buy Solana Meme Coins?

1. Acquiring Solana meme coins starts with setting up a compatible wallet, such as Solflare or Phantom, which supports the Solana network.

Setting up a compatible wallet like Phantom Wallet

2. Next, you need to fund your wallet with SOL, the native asset of Solana, because you’ll use SOL to cover transaction fees and swap for your chosen meme token. You can purchase SOL from major centralized exchanges like Binance or Coinbase, and then withdraw it to your Solana wallet.

Fund your wallet with SOL

3. After you have SOL in your wallet, head to a decentralized exchange (DEX) that lists the meme coin you want, such as Raydium or Orca. Be sure to enter the correct token contract address to avoid scam copies. Also remember to adjust a reasonable slippage tolerance rate.head to a decentralized exchange (DEX)

4. On the DEX interface, select SOL in the “From” field, and in the “To” field, choose or paste the meme coin you’re targeting.

5. Finalize the swap, and confirm the gas fees (which should be minimal on Solana), and the new tokens will appear in your wallet once the transaction clears. 

If you prefer to buy SOL and Solana meme coins through a centralized exchange, check out How to buy Solana and Solana Memecoin on CEX for step-by-step instructions.

Solana Meme Coins vs. Other Meme Coins

When comparing Solana meme coins to those on Ethereum or Binance Smart Chain, the biggest advantage is Solana’s efficiency. Low fees and near-instant confirmation times let you trade the meme coin market or tokens without worrying about high gas costs, which is a major selling point among retail traders who buy or sell frequently. This user-friendly interface attracts both developers and early adopters seeking fresh opportunities in the crypto world.

Ethereum

Source: Ethereum.org

On the other hand, Ethereum-based memes enjoy widespread appeal thanks to larger liquidity pools, well-known DEXs, and legacy brand power. Binance Smart Chain also benefits from more scalable transactions, a robust community, and simpler bridging tools. While Solana’s environment fosters a vibrant ecosystem of quickly emerging meme projects, it might still have fewer total participants and overall liquidity compared to the top Ethereum or BNB projects.

Binance Smart Chain

Source: Bnbchain.org

Conclusion

Solana meme coins are fast becoming a notable fixture in the cryptocurrency market, fueled by playful branding, strong community engagement, and Solana’s ultra-low fees. While some projects can experience meteoric gains, their volatility and limited utility make them risky.

By combining in-depth research with caution, you can potentially capitalize on the rapid growth of these tokens. As meme culture continues evolving, Solana’s developer-friendly ecosystem may remain a prime breeding ground for the next viral phenomenon.

Which meme coins are under Solana?

PENGU, BONK, and others like FARTCOIN or WIF are prime Solana-based meme examples.

Where to buy Solana meme coins?

You can buy them on Solana-friendly DEXs (Raydium, Orca) or certain centralized exchanges listing them.

How much is the Solana meme worth?

Prices differ per token, so always check a live market tracker for the current value of the specific coin you’re looking for.

Which new meme coin will explode in 2025?

It’s impossible to predict, but we’ve given you some great places to start. Research fundamentals, community engagement, and risk tolerance before investing.

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Top 5 Crypto Narratives to Watch for 2025 https://nftevening.com/crypto-narrative/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-narrative Wed, 12 Feb 2025 15:06:47 +0000 https://nftevening.com/?p=146070 The crypto narrative is the story arc that shapes market sentiment and focuses investor attention on specific themes within the ever-evolving cryptocurrency space. In 2025, these narratives range from cutting-edge

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The crypto narrative is the story arc that shapes market sentiment and focuses investor attention on specific themes within the ever-evolving cryptocurrency space. In 2025, these narratives range from cutting-edge blockchain technology to deeper intersections with the physical world. Projects that capture the public imagination often spark disproportionate gains, while those that fail to latch onto powerful storylines may struggle to stand out in a crowded field. With the lines between real-world use and purely digital ecosystems continuing to blur, the next wave of cryptocurrencies and protocols will place increasing emphasis on practical, utility-based solutions.

What are Crypto Narratives?

Crypto narratives are overarching themes that spotlight how blockchains and digital assets might reshape various sectors of the global economy. They highlight where market participants see the potential for innovation, growth, or disruption.

A crypto narrative can revolve around simple memes—like dog-themed tokens—or more complex technological breakthroughs, such as scaling solutions for smart contracts. Ultimately, these perspectives guide market hype, shift liquidity, and attract investor attention to specific regions of the cryptocurrency market.

As new technology emerges, crypto trends also serve as rallying points for diverse communities. Developers may prioritize building dApps that align with hot topics like decentralized physical infrastructure or AI-assisted trading, while retail enthusiasts often flock to tokens riding the wave of social media chatter. This interplay between grassroots excitement and top-down project funding can quickly elevate a niche idea into mainstream conversation.

At the same time, this influence where venture capital flows, prompting large-scale investments into certain sub-sectors. For example, the AI narrative brought significant capital into projects merging advanced algorithms with on-chain data storage.

Even marketing and community-building strategies hinge on these stories. A well-framed narrative can unify a fragmented user base, drawing them toward a shared vision of blockchain’s potential impact—be it in finance, entertainment, or broader social structures.

Once a narrative loses momentum or is overshadowed by a newer trend, though, market participants often pivot to the next big theme. In this way most narratives can be as cyclical as they are powerful, reflecting market sentiment and evolving quickly with each technical milestone, major partnership, or regulatory update.

Why Are They Important?

Narratives exert a strong influence on project funding, user engagement, and market trends. A compelling narrative can push a niche protocol into the mainstream almost overnight, while a stale or unconvincing one often struggles for momentum.

They also help shape community conversations on social media and in the press, molding market sentiment and guiding day-to-day trading behavior. From a strategic standpoint, recognizing a rising one allows savvy participants to align their plans—whether financial, technical, or product-based—with the direction the crypto world is enthusiastically embracing.

Top 5 Narratives in Crypto for 2025

1. AI

Artificial intelligence has rapidly taken center stage in the crypto conversation, spurred on by an ongoing wave of hype sometimes called “AI Agent” or “DeFAI”. Shortly after his inauguration, President Trump announced a $500 billion investment into AI research and infrastructure in collaboration with The Stargate Project, a new company that plans to build advanced computing systems for OpenAI in the United States. This large-scale commitment puts the spotlight on AI as a top priority, reinforcing the idea that AI-driven protocols and data services may be crucial in shaping the digital economy.

The Stargate Project itself plans to invest $100 billion immediately to jump-start its massive data centers in Texas and beyond, supported by partnerships with Oracle, NVIDIA, Arm, and Microsoft. The synergy between OpenAI’s operational insights and SoftBank’s financial leadership suggests that AI development could accelerate beyond prior industry expectations.

For crypto enthusiasts, this signals more than an expansion of computing capability: it hints at a greater appetite to merge AI with blockchain-based solutions that benefit from transparency, security, and decentralization. In concrete terms, AI in the crypto world involves a growing range of projects.

Some of these include Fetch.ai (FET), which provides a decentralized network of autonomous AI agents for supply chain and resource optimization, and ChainGPT (CGPT), which uses large language models to streamline on-chain data parsing. The Graph (GRT), a popular indexing protocol, can also incorporate AI-driven functions to expedite data searches and management for decentralized apps. By combining AI logic with blockchain networks, these projects hope to create new business models, from AI-based trading bots to data marketplaces that enable participants to buy, sell, or share insights securely.

fetch.ai

Source: fetch.ai

Beyond grassroots crypto projects, large tech corporations like Google and NVIDIA continue to plow resources into advanced AI hardware and software—efforts that might intersect with the crypto industry whenever new, GPU-intensive processes need to be distributed securely. Binance, for its part, is adding multiple AI-linked tokens under its “AI” category, viewing the niche as a significant growth vector.

As both the public and private sectors increasingly emphasize AI, crypto projects that unite machine learning with decentralization could see accelerated adoption. This broad interest, combined with major governmental endorsements like The Stargate Project, emphasizes AI’s evolution from a peripheral buzzword to a central, possibly defining narrative for the 2025 crypto cycle.

2. NFT x Gaming

Non-fungible tokens (NFTs) have long transcended their status as mere collectibles. As we enter 2025, the synergy between NFTs and gaming grows tighter, fueled by new token events that elevate both the cultural and financial allure of digital assets. One of the most talked-about launches is the $ANIME token from the Azuki NFT ecosystem.

This “culture coin” aims to honor anime culture while strengthening the bond between NFT collectors and broader gaming communities. With Azuki’s long-anticipated token distribution now underway, holders can claim $ANIME based on their NFT allocations, potentially boosting the overall appeal of Azuki’s brand.

Azuki collection on OpenSea

Source: OpenSea

Likewise, news of Pudgy Penguins preparing a fresh airdrop signals that the NFT sector may be heading into what many call a “new NFT season.” These events underscore how communities can benefit from token distributions and game-based mechanics that keep engagement high. Such airdrops and token generation events (known as TGEs) also coincide with major upcoming TGEs from OpenSea, Berachain, and Abstract. High-profile launches like these trigger a wave of excitement across the entire NFT space, similar to previous booms where new tokens or features propelled trading volumes to record levels.

The gaming element emerges more tangibly as developers continue to merge NFT ownership with in-game items and play-to-earn incentives. In many titles, players can trade or upgrade NFT-based characters, skins, and assets that hold real market value. Some studios are even creating cross-platform solutions, letting gamers bring an NFT from one environment into another.

The potential for portability and fractional ownership of in-game assets resonates with both hardcore gamers and casual participants, offering economic upside as well as entertainment. This approach helps unify the NFT narrative: it is not only about personal collectibles but also about interactive, evolving ecosystems.

Strategically, investors eye NFT and gaming crossovers as a fresh frontier where digital art, community memes, and robust gameplay collide. The potential for new revenue streams and deep user engagement is substantial, especially when top-tier ecosystems like Ethereum or Solana provide advanced smart contract capabilities.

With hype swirling around upcoming TGEs, successful airdrops, and new forms of NFT utility, the NFT x Gaming narrative sets the stage for a sustained wave of adoption. Whether through massive open-world gaming experiences or specialized anime-themed tokens, the sector is proving that NFTs can branch beyond conventional art drops to inject real value and entertainment into the crypto ecosystem.

Some Gaming Projects to watch in 2025 are Pirate Nation, Pixels, The Sandbox, Ronin, Moca Network.

3. DePIN

Decentralized Physical Infrastructure Networks (DePIN) push the boundaries of blockchain by bringing on-chain coordination into real-world infrastructure. At first glance, DePIN’s approach may echo the model that Helium pioneered for decentralized wireless coverage, but the sector has since blossomed in crypto market.

DEPIN market data

Source: DePIN.Ninja, Coingecko, Kaito.

According to recent data, DePIN’s total market cap sits around $50 billion, spread across 350 tokens, with an annualized price-to-earnings ratio near 100x. Messari’s latest report projects that DePIN could see 100–1000x growth in 2025 due to rapidly expanding use cases and government-level experimentation.

These networks rely on real-world devices—more than 13 million of them daily, as it stands—for tasks like communications, delivery, sensor data, and more. By dispersing the responsibility for running physical infrastructure, DePIN aims to reduce central bottlenecks while rewarding participants with native tokens.

Solana has emerged as a leader in the infrastructure layer, focusing on network throughput for heavy data tasks, while Base (a newer chain) spearheads consumer-facing decentralized apps within the DePIN ecosystem. This environment fosters synergy with AI as well; for example, rendering networks like Render (RNDR), backed by heavyweight partner NVIDIA, combine GPU-sharing with token incentives, bridging advanced computing needs and decentralized resource pooling.

Render Network

Source: Render Network

In 2024 alone, DePIN startups raised $350 million across various rounds, reflecting the confidence that crypto investors place in the idea of bridging real-world operations with blockchain-based consensus. Some local and national governments have begun exploring DePIN as a solution for cross-border payments or logistics optimization, cutting out slow settlement layers and expensive middlemen. By letting hardware providers from different regions and backgrounds connect directly, these applications potentially offer faster, cost-effective infrastructure at scale.

An example is decentralized sensor networks, where devices record environmental data or location details verified on-chain, helping form tamper-resistant records. AI enters the picture by processing the torrents of sensor info, offering actionable insights or pattern recognition in real-time.

By layering DePIN’s resource distribution with advanced AI algorithms, blockchains can handle more complex tasks without relying on a single enterprise’s data center. This extends the concept of “web3 meets real world” far beyond simple token incentives, anchoring data authenticity and usage among decentralized participants.

If adoption continues, DePIN’s promise of real-world connectivity, ownership, and on-chain monetization could transform how societies fund and manage infrastructure. By distributing costs and rewards across broad communities, DePIN and AI synergy might unlock new levels of efficiency in everything from rendering 3D graphics to delivering goods across borders.

Notable DePIN projects to watch in 2025 are io.net, Render Network, Grass, Bittensor, Akash Network.

4. Bitcoin Ecosystem

Bitcoin ($BTC) retains a powerful hold over the crypto market, boasting the largest market capitalization and serving as a go-to payment token in many regions. Recent data from DefiLlama shows Bitcoin with more than $7.3 billion in total value locked (TVL) across various protocols, reflecting a surge in on-chain activity.

Daily fees approach $700,000, while active addresses surpass 797,000, demonstrating the network’s continued utility and steady momentum. Much of this bullish sentiment stems from institutional endorsement: since 2024, multiple financial giants have pursued Bitcoin-focused exchange-traded funds (ETF), offering regulated avenues to hold BTC indirectly.

Meanwhile, technological expansions are reshaping Bitcoin’s infrastructure. Layer 2 solutions aim to reduce fees and speed up transactions, building on the momentum of the Lightning Network. Projects like Ordinals and BRC-20 tokens have unlocked novel use cases around digital asset creation and storage on the Bitcoin blockchain. These developments appeal to both advanced users experimenting with on-chain data inscription and mainstream enthusiasts looking for simpler ways to deploy new tokens.

Thanks to broad community efforts, these additions reinforce Bitcoin’s role as more than just a store of value. They effectively turn the network into a base layer for advanced protocols and sidechains. Institutional support and heightened interest also influence Bitcoin’s perceived dominance. The existence of physically backed or futures-based BTC ETFs in major markets invites more capital from traditional sectors, bridging global financial systems to cryptocurrency.

Investors prefer such products for regulated oversight and ease of integration with existing brokerage platforms. As a result, more money flows into BTC, supporting an expanding ecosystem of DeFi applications, bridging solutions, or cross-chain partnerships.

At the same time, Bitcoin remains recognized as a benchmark for the broader crypto market. Its price performance usually dictates market sentiment, with altcoin trading often following BTC’s lead. The consistent growth in daily volume and app revenue underlines how new use cases—whether in consumer payments or DeFi expansions—continue to emerge. As the largest payment token, Bitcoin offers a safe harbor for users wary of smaller altcoins, while new adopters often find it a more secure first step than riskier, less-known alternatives.

Considering these factors, Bitcoin’s evolution appears poised for further integration into everyday finance. Its adoption through ETFs, expansions in Ordinals and BRC-20 tokens, and strong brand recognition keep it an anchor for investor confidence in 2025. Whether as a settlement layer for new services or a store-of-value asset, Bitcoin’s ecosystem looks ready to sustain its market dominance amid broader crypto innovations.

Notable Bitcoin Ecosystem projects to watch in 2025: SATS (Ordinals), Stacks, Dog, Ordi.

5. DeFi – Yield Farming from ETH & Solana chain

The crypto space continues to evolve at a lightning pace, with Ethereum and Solana leading the way in new liquidity solutions, staking protocols, and high-performance applications. Ethereum, often seen as DeFi’s birthplace, benefits from extensive developer support, large capital inflows, and a growing lineup of ETF proposals that could bring more institutional attention.

Meanwhile, Solana’s low-cost transactions and quick finality attract yield farmers seeking to deploy assets at scale without prohibitive gas fees. The recent buzz about next-gen staking for ETH and SOL underscores that both chains are positioning themselves for broader mainstream uptake.

A notable force in DeFi this year is World Liberty Finance (WLF), a major fund with a portfolio heavily featuring Ethereum (their single largest holding), as well as DeFi tokens like AAVE and ENA. Public records indicate that WLF has been steadily accumulating these assets, aligning with President Trump’s pro-AI and pro-infrastructure stance.

Observers speculate that WLF’s portfolio choices could offer a window into forthcoming regulatory or technological shifts, suggesting that following their investment patterns could benefit discerning investors. By holding significant amounts of ETH, WLF appears to endorse Ethereum’s multi-faceted ecosystem, which includes advanced yield farming strategies, NFT marketplaces, and robust layer-2 networks for scaling.

World Liberty Fi

Source: Arkham

On the Solana side, multiple yield-aggregator services have rolled out in 2025, catering to both short-term speculators and long-term participants seeking consistent rewards. Protocols offering stablecoin lending, automated market-making, and flexible staking pools create a dynamic environment for those chasing higher returns.

Solana’s method of handling parallel transactions means quick rebalancing, essential for complex yield-farming maneuvers. Still, heightened throughput can also magnify the risk of vulnerabilities in smart contracts, so participants should closely track audits and community sentiment before locking up large sums.

Ethereum’s newly introduced staking frameworks have attracted renewed enthusiasm. Some revolve around partial withdrawals and liquid staking derivatives, letting participants stake ETH while retaining a tradeable token representing that stake. This helps reduce one of the main hurdles to having people adopt staking protocols, which is losing the tradability of their tokens when locking up those tokens in a staking contract. This arrangement helps maintain capital efficiency, empowering yield farmers to use staked ETH as collateral in other DeFi operations. For instance, combining stETH (staked ETH) with stablecoins in a pool can generate returns from multiple angles: staking rewards and liquidity incentives.

Ultimately, yield farmers on both Ethereum and Solana must manage inherent risks like impermanent loss, protocol exploits, or governance upheavals. Nevertheless, DeFi on these two giants shows little sign of slowing, with new tools and expansions frequently emerging. As more funds like World Liberty Finance accumulate DeFi assets—and as markets respond to supportive policies or advanced staking improvements—investors willing to research thoroughly may find DeFi remains a central fixture of the 2025 crypto narrative.

Notable DeFi projects to keep an eye on in 2025 are Aave, Ethena, Raydium, Aerodrome, Pendle Finance.

Final Verdict

Navigating the next phase of crypto growth requires a clear grasp of the most influential narratives shaping market sentiment. From AI integration to NFT-driven gaming ecosystems, from DePIN’s expansion into physical infrastructure to Bitcoin’s invigorated ecosystem, each storyline underscores the innovative forces alive in 2025. Though these trends differ—some revolve around data, others around real-world assets—their collective momentum highlights the crypto industry’s versatility and capacity for rapid reinvention.

Crypto narratives aren’t static. They constantly shift as protocols mature, user adoption deepens, and new technologies surface. Investors and builders alike gain an edge by scanning the horizon for upcoming catalysts, whether it’s a major TGE, a high-profile endorsement, or a fresh wave of developer interest. Yet it remains crucial to balance optimism with caution. Even the most compelling narratives carry inherent risks, from potential regulation hurdles to technological breakdowns.

As you examine these narratives—AI synergy, NFT x Gaming expansions, DePIN resource sharing, continued Bitcoin innovations, and yield-focused DeFi—perform diligent research and remain flexible. The crypto space thrives on change, and success often belongs to those who can adapt. If you’re prepared to juggle both excitement and prudence, 2025’s cutting-edge crypto narratives could be an opportunity to shape the future of digital finance.

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11 Best Meme Coin Trading Platforms in 2025 https://nftevening.com/best-meme-coin-trading-platform/?utm_source=rss&utm_medium=rss&utm_campaign=best-meme-coin-trading-platform Sun, 09 Feb 2025 09:34:26 +0000 https://nftevening.com/?p=145861 Meme coins have become super popular these days. Everyone is talking about them, from your friends online to big influencers like Elon Musk. But before you jump into trading them,

The post 11 Best Meme Coin Trading Platforms in 2025 appeared first on NFT Evening.

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Meme coins have become super popular these days. Everyone is talking about them, from your friends online to big influencers like Elon Musk. But before you jump into trading them, picking where to trade meme coins is very important. Not all platforms are safe or good for trading meme coins, so you need to know what to look for.

In this guide, we will review the 11 best meme coin trading platforms. We will also explain how to choose a meme coin trading exchange and how to do proper research before investing in new meme coins.

What is Meme Coin Trading?

Meme coin trading is when people buy and sell crypto meme coins, which are a type of cryptocurrency made mostly for fun or based on internet trends. These coins usually don’t have a real purpose or use like Bitcoin or Ethereum. They are often created because of jokes or viral trends, like Dogecoin or Shiba Inu. Meme coins can go up in value really fast, but they can also drop just as quickly.

People trade meme coins on cryptocurrency platforms, where they can buy them at a low price and hope to sell them later for a higher price. The trading happens in a similar way to how you would buy and sell stocks, but with meme coins, the prices can change a lot more because of social media hype or tweets from famous influencers like Elon Musk.

How Meme Coin Trading Works?

Meme coin trading works by buying and selling crypto coins that are made for fun or memes, not for serious use. When you trade meme coins, you can buy them on platforms like decentralized exchanges (DEXs). These platforms let you trade coins directly from your wallet without needing a middleman. 

Some of the most used crypto platforms for checking meme coins are Dexscreener, DexTools, and GeckoTerminal by CoinGecko. These tools help you see the price, volume, and other important info about the coin you want to trade.

To start trading, you need to find a meme coin that you like or think will go up in value. Then, you can buy it on a platform like Uniswap or Raydium. After buying, you wait to see if the price goes up, and then you can sell it for a profit. 

A lot of meme coins don’t have a real use or project behind them, so they can go up or down in price really quickly based on social media or news. The market for meme coins is mostly driven by hype, not by real value.

Top Meme Coin Trading Platforms Reviewed

1. Binance

Binance

Binance is a popular platform for trading meme coins. It supports a wide range of meme coins, including Dogecoin, Shiba Inu, and Pepe, and It regularly adds new meme coins. The platform offers high liquidity and trading volume, ensuring you can easily buy or sell meme coins without any price slippage, which is often the case in DEXes.

The trading fees on Binance are low compared to many other platforms. Spot trading fees start at just 0.1%, and you can reduce this fee by using Binance Coin (BNB) for payment. For futures trading, fees are also competitive, with maker fees starting at 0.02% and taker fees at 0.05%.

Binance has advanced trading features that are suitable for meme coin trading. You can use market, limit, and stop-limit orders to manage trades. The platform also provides access to futures and margin trading with up to 125x leverage. And, many advanced tools like technical analysis charts and live market data can help you track meme coin price trends.

Binance’s mobile app is user-friendly, which makes trading meme coins convenient. It also has a secure DeFi wallet for storing your crypto. If you prefer, you can transfer your meme coins to other wallets easily. The platform’s security features include two-factor authentication and $1B in insurance funds.

Pros

  • Wide range of supported meme coins like DOGE, SHIB
  • Low trading fees start at 0.1%
  • High liquidity for easy buying and selling
  • Advanced trading tools for market analysis and strategies
  • Secure platform with two-factor authentication and SAFU insurance fund

Cons

  • Some meme coins may face delisting risks
  • Binance often lists meme coins on futures before the spot market
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2. MEXC

MEXC

MEXC is among the top meme coin crypto exchanges, especially popular for buying and selling new meme coins. Their meme coin varieties range from widely known names – such as Dogecoin (DOGE) and Shiba Inu (SHIB), as well as lesser-known names such as NEIRO, MELANIA, ACT, and TRUMP. The addition of new meme coins is usually regular, often being among the first to list them.

Fee levels on MEXC are particularly competitive. For spot trading, the maker and taker fees are just 0.05%. For futures trading, the fees are even more attractive, with 0.01% for makers and 0.04% for takers. MEXC also offers advanced trading options. It allows up to 200x leverage in perpetual futures contracts, allowing traders to open much larger positions with much less capital.

The platform has a very user-friendly interface, making it easy to look up and trade meme coins. A dedicated section of meme coins ensures that traders can get to the tokens they are interested in quickly. MEXC also offers different educational resources, which can guide traders in a better understanding of the market.

Pros

  • Wide selection of popular and new meme coins
  • Competitive spot trading fees, 0.05% maker/taker
  • High leverage options, up to 200x
  • Early listing of new meme coins
  • User-friendly interface with a dedicated meme coin section

Cons

  • Limited support for fiat deposits
  • Some newly listed meme coins have low liquidity
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3. Moonx.bet

Moonx.bet

Moonx is a revolutionary meme coin trading platform with unmatched user experience and unique features that are unlike anything else on the current market. It offers a unique blend of humor and community engagement with financial opportunity.

Moonx supports diverse meme coin selection & spot trading. The platform also supports meme coin selection options for spot trading. You’ll find just about every meme coin on the market — niche tokens and trending hits. It automatically displays the top coins and hottest buys, so users can quickly see where they can make a trade and make a profit. With its spot trading capability, transactions will be done in real time, and users will have the advantage of selling and purchasing meme coins promptly.

One of Moonx.bet’s standout benefit is its lowest trading fees, which makes it more cost-effective for all types of investors to trade. Combined with advanced features and real-time discussion threads from experienced traders, traders can navigate the markets, access interactive charts, and acquire relevant updates all from one place.

Security is of the utmost importance in the crypto space. The robust platform provides advanced encryption and wallet protection to keep users’ assets safe. Thanks to its user-friendly structure, it is easy for newcomers and experts, which provides ease of use and convenience with quick interface actions.

Beyond trading, Moonx gives back value to the community by giving users the opportunity to make and launch their own meme coins and to be part of the meme economy. These are community-driven coins, primarily inspired by current popular memes, such as Dogecoin. Users can create their memes without coding skills with a unique name, image, and story and launch them.

Pros

  • The platform integrates efficient trading tools and real-time insights from traders, providing easy navigation and trade management, together with an intuitive interface for traders of all levels.
  • Cheapest trading fees in the market at 0.25% per trade, therefore, you trade with less cost.
  • User-friendly platform with a streamlined and intuitive interface designed for meme coins and crypto newbies..
  • It supports multiple & flexible deposit methods including SOL, USDT/USDC (any chain), Binance transfers, and debit/credit cards.
  • 24/7 live support for immediate help around the clock.
  • AI based meme coin creator (to be effective by the end of May, 2025) – Users will soon be able to create their own coin or token at the click of a button using AI automated tool & smart contract.

Cons

  • Investing in meme coins can be lucrative but also highly speculative, so some traders prefer long-term holding while others opt to short-term trading.
  • Users cannot launch their own coin/token until the end of May 2025. There is currently no coin creation tool available.
  • Although the site is brand new and attracting users, there hasn’t been much traffic yet.

4. Bybit

Bybit

Bybit is another best meme coin trading platforms. It offers a decent selection of meme coins. You can find popular ones like DOGE and SHIB, and other new tokens like PEPE, FLOKI, and BONK. They keep adding new ones too, so the list is always changing. Bybit has a tiered fee structure, meaning the more you trade, the lower your fees get. They usually have trading fees of around 0.1% for spot trading, which is pretty standard.

Bybit has many advanced features to help trade meme coins. They have “spot trading”, which is just buying and selling the coins directly. They also offer “derivatives trading”, where you can trade contracts representing the value of the coins. This allows you to trade with 100x leverage.

The platform itself, by design, is friendly and approachable. You have a clean interface, advanced charts to track prices, and different types of orders to buy and sell at the prices you want. They also have a mobile app for trading on the go. Bybit sometimes runs promotions and events, which can be a good thing for meme coin traders. They have trading competitions or giveaways related to specific meme coins, so that’s how one can earn extra rewards.

Pros

  • A wide selection of meme coins is available, including popular and new ones
  • Competitive trading fees, especially with higher trading volumes
  • User-friendly platform with both web and mobile app interfaces
  • Offers spot and derivatives trading
  • Regular promotions and events for meme coin traders

Cons

  • It is not available in the United States
  • Some newly launched meme coins are not available for trading
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5. KuCoin

KuCoin

KuCoin is a cryptocurrency exchange that has a large number of meme coins. More than 700 cryptocurrencies are found on KuCoin, and many new meme coins are added very often. The trading fee on KuCoin is low. It charges 0.1% per trade, and if you use KuCoin’s token, called KCS, you pay only 0.08%, that’s a 20% discount. There are no hidden charges, and the fees are clear.

KuCoin also has a lot of advanced features for meme coin trading. You can trade meme coins directly through spot trading, here you purchase and sell coins instantly. Or, through futures trading with up to 125x leverage, here you borrow the money to swap bigger sizes. Trading bots are also available on KuCoin, and they help you automate your meme coin trading with strategies like DCA or Grid trading. They will automatically buy/sell for you according to your settings.

It’s easy to use the platform. There are advanced tools like technical indicators, charting tools, and so on, available to study the price of meme coins. Also, KuCoin has a significant user base, with more than 30 million users. That helps in huge liquidity and trading volume, which in turn is beneficial in avoiding price slippage.

Pros

  • Low trading fees, starting at 0.1% per trade
  • Wide variety of meme coins, including DOGE, SHIB, PEPE
  • Futures trading for leveraged positions on meme coins
  • Trading bots for automated meme coin strategies
  • An active user base ensures high liquidity for meme coins

Cons

  • Limited customer support options for quick problem resolution
  • Regional restrictions prevent access in certain countries like the U.S.
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6. Gate.io

Gate.io

Gate.io is another crypto exchange that supports over 3,500 cryptocurrencies, including many new meme coins like TRUMP and MELANIA. Also, In 2024, Gate.io launched the MEME Gateway Grant, a $50 million initiative to support meme creators and community development. This program offers marketing and liquidity support to innovative meme projects.

For spot trading, it charges a 0.10% fee for beginners. The platform has a VIP tier system where fees decrease with higher trading volumes and more GateToken (GT) holdings. These fees can also be further reduced by enabling GT debit. Gate.io also offers features like strategy bot trading, allowing users to copy trading strategies of other traders, and an NFT marketplace called Gate NFT for buying and selling NFTs.

Gate.io also offers many advanced trading features like futures, margin, and options trading. Futures trading supports both USDT-margined and coin-margined contracts, and margin trading allows users to trade with up to 10x leverage.

Pros

  • Wide selection of meme coins like DOGE, TRUMP
  • Low trading fees, reduced further with GateToken (GT)
  • Advanced trading features: margin, futures, and strategy bots
  • Strong liquidity for popular meme coins
  • $50M grant to support meme projects and ecosystem

Cons

  • High withdrawal fees for some tokens
  • Not beginner-friendly due to advanced features and interface
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7. Moonshot by Dexscreener

Moonshot by Dexscreener

Moonshot is a platform by Dexscreener that lets users create and trade meme coins on the Solana blockchain. Launched in 2024, it offers an easy way to launch tokens with a fixed supply of 1 billion tokens. Creating a token costs about 0.02 SOL.

Once a token’s market cap reaches 500 SOL, it automatically moves to the Raydium decentralized exchange. At this point, 150 to 200 million tokens are burned, reducing the supply and potentially increasing the token’s value. Moonshot ensures fairness by having no pre-sales or insider allocations. All tokens are audited to prevent manipulation, and ownership is renounced to make them “unruggable”.

For trading, Moonshot charges a 1% fee, with 25% of that distributed to users. When liquidity is added at the 100% bonding curve, there’s a 5% fee plus 0.8 SOL to cover various costs, and 0.19% of the token supply is reserved for platform fees and user rewards.

Pros

  • Low token creation cost (0.02 SOL)
  • Automatic listing on Raydium at 500 SOL market cap
  • Fair launch with no pre-sales or insider allocations.
  • Tokens are audited and unruggable
  • Burns tokens to reduce supply and increase value

Cons

  • Only supports meme tokens on the Solana blockchain
  • A 1% trading fee may deter frequent traders

8. Bitget

Bitget

Bitget is another meme coin trading crypto exchange where you can trade meme coins easily. It supports all popular coins like Dogecoin Pepe, and other meme coins. There are also many new meme coins available, so traders have lots of options to explore. The platform charges low fees. For spot trading, it takes 0.1% per trade. If you trade futures, the fees are 0.02% for makers and 0.06% for takers.

You can also use Bitget Wallet, it’s a DeFi wallet. It has a special tool called MemeX, made just for meme coin crypto trading. MemeX makes it simple to find new meme coins with the potential for high returns. It supports coins on Solana and BNB Smart Chain. MemeX shows trending coins, new listings, and live prices. You can even trade directly from it with one click. It is very beginner-friendly but still useful for experienced traders.

Bitget also hosts events to make trading fun. For example, they run campaigns where users trade meme coins to win rewards. One event had a prize pool of 200,000 USDT in meme coins. These kinds of events attract many traders and keep the meme coin space active.

Pros

  • Supports many popular and new meme coins
  • Low spot trading fee of 0.1%
  • MemeX tool simplifies meme coin discovery and trading
  • Beginner-friendly interface with one-click trading
  • Regular events with big rewards for meme coin traders

Cons

  • No fiat trading pairs for meme coins directly
  • Not available in the United States
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9. Upbit

Upbit

Upbit is a leading cryptocurrency exchange based in South Korea. It offers a wide range of digital assets for trading. As of now, Upbit supports over 180 cryptocurrencies and more than 300 trading pairs. 

The platform employs a straightforward fee structure. For Korean Won (KRW) trading pairs, the trading fee is 0.05%. For Bitcoin (BTC) and Tether (USDT) trading pairs, both maker and taker fees are set at 0.25%. Withdrawal fees vary depending on the specific cryptocurrency.

In terms of meme coin offerings, Upbit has been selective. The exchange has listed meme coins like PEPE and BRETT. Additionally, Upbit has reduced withdrawal fees for certain cryptocurrencies, including the meme coin Shiba Inu (SHIB). The withdrawal fee for SHIB was decreased from 560,000 SHIB to 101,331 SHIB

Upbit’s cautious approach to listing meme tokens aligns with South Korea’s Virtual Asset Protection Act. This regulation requires projects without a known team or roadmap to trade for two years before being listed on domestic crypto markets. Consequently, Upbit prioritizes meme tokens with a proven track record and sufficient trading history.

Pros

  • Low fees for fiat-to-crypto pairs
  • Supports over 180 cryptocurrencies, including meme coins
  • Strong regulatory compliance under South Korean laws
  • User-friendly interface with mobile and desktop access
  • High liquidity, especially for Korean Won trading pairs

Cons

  • Limited global availability, primarily focused on South Korea
  • No fiat withdrawals for non-Korean users
  • Restricted meme coin listings due to strict regulations

10. Raydium

Raydium

Raydium is a decentralized exchange (DEX) built on the Solana blockchain. It offers fast and low-cost meme coin trading because Solana is one of the fastest blockchains. Raydium is different because it connects directly to Serum, another exchange, to provide better liquidity and faster trades. Raydium supports SPL meme tokens, which are tokens on Solana. 

Trading fees on Raydium are 0.25%. Out of this, 0.22% goes back to liquidity pools as rewards for liquidity providers. The remaining 0.03% is given to people who stake RAY tokens. You also pay network fees in SOL, which are very low, often less than 0.001 SOL per transaction.

Raydium allows the trading of meme coins available on Solana. As Solana supports many meme coins, launched through Pump.fun, you can trade them easily here. Because of the connection with Serum, Raydium provides deep liquidity, which means you can buy and sell meme coins at better prices. Raydium also offers yield farming. This means you can earn rewards by providing liquidity to its pools. You can also stake RAY tokens to earn more RAY.

Pros

  • Fast and low-cost transactions on the Solana blockchain
  • Supports a wide range of SPL and wrapped tokens
  • Integration with Serum for deep liquidity and better pricing
  • Competitive trading fees at 0.25% per trade
  • Additional features like yield farming and staking rewards

Cons

  • Limited to Solana ecosystem and SPL tokens
  • Requires SOL for network transaction fees

11. Pump.fun

Pump.fun

Pump.fun is a Solana meme coin trading platform that started in January 2024 on the Solana blockchain. It allows people to create and trade meme coins. Today, users have made over 5 million meme tokens on the platform.

Pump.fun supports many meme coins. Users can make their own meme coins by giving details like the coin name, symbol, and image. To do this, they pay a small fee of about 0.02 SOL. After making the token, it is available for trading on the platform.

The platform has a low transaction fee. It charges only 1% per trade. This makes it cheaper compared to other platforms and attracts more users. People can experiment with tokens without spending too much. Pump.fun has special features for meme coin trading. It uses bonding curve pricing to set token prices. This means that as more people buy a coin, its price goes up. This system keeps the prices fair and matches the meme coin market demand.

Pump.fun has safety measures to protect its users. All tokens have a fair launch process. There are no presales or team allocations, which stops big players from taking advantage. The platform also burns some liquidity when certain market cap levels are reached. This helps make the token ecosystem safer.

Pros

  • Easy token creation and launch
  • Simple interface for beginners and experienced traders
  • Bonding curve pricing ensures fair and market-driven prices
  • Low-fee token launch

Cons

  • Blocked in the UK due to regulatory warnings
  • The live-streaming feature was suspended for safety issues
  • High potential for rug pulls and scams

How to Choose the Best Meme Coin Trading Platform?

Meme coins are everywhere now. People talk about them on social media, in group chats, and even in random internet comments. If you are looking to trade meme coins, you must choose a good trading platform. This is important because not all platforms are the same. Some are safe, some are not. Some are easy to use, and some feel super confusing. 

Here’s how to pick the right one for you:

Platforms Safety

A good platform must be secure because you don’t want your money or data stolen. Look for meme coin trading platforms that are licensed or registered. If the platform uses security features like SSL certificates and two-factor authentication (2FA), it’s a good sign that they care about your safety.

If you see bad reviews about hacks or scams related to the platform, it’s best to avoid it. Your money and information are too important to risk on an unsafe platform.

Trading Volume

Trading volume is a big deal when choosing a platform. Platforms with high trading volumes usually mean a lot of people use them. This is good because it makes buying or selling meme coins faster and easier. 

The meme coin platforms with low volume might take longer for your trades to go through, or you might not even find a buyer or seller. High volume also shows that the platform is trusted by many people. It’s usually a safer and more reliable choice.

Creator’s History

Before trusting a platform, look into the people or company behind it. Have they worked on other successful projects? Are they known in the crypto space? If the creators have a good track record, it shows they know what they are doing and are less likely to run a scam.

Avoid platforms where the creators are anonymous or have a bad history in the crypto world. It’s too risky to trust people with a shady past.

Relationship to Influential Factors

Meme coins often get a lot of attention because of influential people or events. For example, Elon Musk tweeting about Dogecoin can make prices skyrocket. Platforms that are quick to list these trending coins are usually a better choice.

Look at how the platform reacts to temporary influential factors. Do they quickly add trending coins, or do they take too long? Platforms that stay updated with news about Elon Musk, Trump, China, or other key opinion leaders (KOLs) are better for trading meme coins.

Fees

Trading platforms charge fees for deposits, withdrawals, and trades. Some platforms have higher fees, while others are more affordable. Always compare the fees and make sure they match what the platform offers. Sometimes, low fees come with fewer features, so check if the platform still meets your needs

Coin Offerings

Not all platforms have the meme coins you want to trade. Popular ones like Dogecoin or Shiba Inu are usually available everywhere, but newer or less-known coins might not be. Make sure the best place to buy meme coins supports the meme coins you’re interested in. If it doesn’t, there’s no point in signing up.

User Experience

A platform should be easy to use, even if you’re not an expert. Look for platforms with simple designs and clear instructions. If it’s too confusing, you might make mistakes like buying the wrong coin or entering the wrong amount.

Reviews and Ratings

Before choosing a platform, check online reviews. What are people saying about it? Is it reliable and safe? Platforms with lots of bad reviews or complaints are a red flag. Positive reviews and high ratings mean people trust the platform. It’s a safer bet to go with one that has a good reputation.

Risks of Trading Meme Coin

The risks of trading meme coins are:

  • Creator’s Intentions: One of the biggest risks with meme coins is the creator’s intentions. Some creators start meme coins just to make quick cash. They might get a lot of hype, but in the end, they don’t care about the coin’s future. Once they’ve made enough money, they could sell all their coins, making the price crash to zero.
  • Rug Pulls: A rug pull happens when the developers or owners of a meme coin take all the money and disappear. This is a really common problem in the world of meme coins. There are hundreds, if not thousands, of rug pulls happening every day. 
  • High Volatility: Meme coins can go up and down really fast. One day you might make money, and the next, the price could drop massively. This happens because meme coins are often affected by rumors or social media posts.
  • Fake Promises: Some meme coins are marketed like they’ll change the world or bring huge profits, but most of the time, this is just hype. You can easily get tricked by promises of huge returns. But in reality, most meme coins don’t have any real use.
  • Lack of Regulation: Meme coins aren’t as regulated as bigger coins like Bitcoin or Ethereum. This means anyone can make a meme coin and list it. There’s no one watching over them to make sure everything is legit. Because of this, you might end up trading on a platform or with a coin that isn’t safe.

How to Research Before Trading Meme Coins?

Here’s how you can research meme coins before jumping in.

Step 1. Check the Creator’s History

One of the first things you need to do is find out who made the coin. Look at the creator’s past projects. Are they known for making good coins, or have they been involved in scams before? You don’t want to invest in something made by someone who only cares about making quick money. If the creator has no track record or is anonymous, that’s a big red flag.

Step 2. Look at the Community

A strong community can make a meme coin more trustworthy. Join social media groups, Discord servers, or Reddit to see what people are saying about the coin. 

If there are a lot of people talking about it and helping each other out, it could be a good sign. But if the community looks fake or is full of bots, stay away. Real, active discussions mean the coin is getting real attention.

Step 3. Check the Supply and Demand

A coin’s supply is super important. If there’s too much circulating supply, the price could drop quickly. You need to know how many coins are in circulation and how many are left to be released. If the supply is really high, the value might never go up. Look for coins that have a reasonable supply and a plan to manage it.

Step 4. Look at the Coin’s Purpose

Why was the meme coin made? Does it have any real use, or is it just for fun? Some meme coins are made to be used in real-world applications, but most don’t have any real value. If the coin doesn’t offer anything new or useful, it’s probably just another pump-and-dump coin. Avoid these, as they usually crash hard.

Step 5. Check for Red Flags

Look out for red flags like promises of “guaranteed” profits or coins that are only hyped up by influencers. If something sounds too good to be true, it probably is. Scammers use these tactics to get people to invest before they pull out. Always be skeptical when you see extreme hype.

Step 6. Follow the News and Trends

Meme coins can go up because of a tweet or news about a famous person. Keep an eye on the news and social media to see if the coin gets attention from big influencers or events like Elon Musk tweeting about it. But remember, this can also be a risk, as coins can crash just as fast as they rise because of hype.

Conclusion

To sum up, picking the best meme coin trading platform is important for anyone who wants to trade meme coins safely and effectively. The best meme coins buying sites like Binance, MEXC, and Bybit are popular because of their high trading volumes, strong reputations, and large user bases.

Other platforms like KuCoin, Gate.io, and Bitget also offer a wide range of meme coins with competitive fees. Before choosing a platform, it’s essential to do your own research. You should consider factors such as the platform’s security, coins offering, and trading volume.

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Best Crypto Indicators for Profitable Trading Strategies https://nftevening.com/best-crypto-indicators/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-indicators Sat, 08 Feb 2025 06:24:41 +0000 https://nftevening.com/?p=145717 Picking the best crypto indicators can significantly improve your trading success by revealing hidden market trends, crucial support and resistance zones, and possible shifts in momentum. Whether you’re a beginner

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Picking the best crypto indicators can significantly improve your trading success by revealing hidden market trends, crucial support and resistance zones, and possible shifts in momentum. Whether you’re a beginner testing your first strategy or a seasoned trader refining advanced techniques, knowing the fundamentals of technical analysis is an essential step. Unlike fundamental analysis, which digs into a crypto’s underlying project or tokenomics, technical analysis focuses on historical price data, trading volume, and chart patterns.

This approach is especially useful in the crypto market, known for dramatic price fluctuations and unprecedented volatility. The following guide showcases several high-impact indicators—both simple and complex—and offers a foundation on how to integrate them into a profitable, adaptable trading strategy. By monitoring indicators tailored to price movements you can create more informed trading decisions regarding the best times to enter or exit a position. Let’s get into it.

What is Technical Analysis?

Technical analysis focuses on assessing specific historical data, like trading volume or price movements, to better predict upcoming price movements. By interpreting recurring patterns in candlestick charts, trend lines, and various oscillators, traders gain a clearer view of market momentum or potential reversals.

Unlike fundamental analysis, which examines a crypto project’s core technology or partnerships, technical analysis primarily hones in on chart patterns and statistical metrics. Traders will frequently combine multiple indicators to refine their strategies, mitigate false signals, and adapt to market volatility.

For instance, a moving average might highlight a trend’s direction, while an oscillator like the relative strength index (RSI) can help highlight overbought or oversold conditions. But when combined, these tools are capable of cutting through the market noise so you can make more objective, timely decisions. That said, no chart or formula can completely eliminate risk, and every single trade will still require thoughtful risk management and personal discipline.

Types of Indicators for Crypto Trading

Now we’re going to take a look at a wide range of technical indicators and chart concepts crucial for spotting price movements, gauging market momentum, and planning a well-rounded trading strategy. Each tool helps you interpret historical price data differently, so combining several indicators can reduce false signals and refine entries or exits.

1. Line Charts

A line chart displays a crypto’s closing price over time, forming a continuous line that helps visualize the overall trend. Because it only tracks one data point (typically the close price), it offers a clear, uncluttered view of market direction. Traders often start with line charts to identify broad trends before diving deeper.

Line Charts

Source: CoinMarketCap

2. Bar Charts

BTC Bar Chart

Source: TradingView

Bar charts expand on line charts by showing each period’s open, high, low, and close (OHLC). Each bar represents a time interval, displaying intraday fluctuations more precisely. The left tick marks the open price, while the right tick shows the close. By seeing highs and lows, you can gauge buying and selling pressure more accurately.

3. Candlestick Charts

Candlestick charts provide a visual snapshot of open, high, low, and closing prices, but with color-coded “candles” reflecting bullish or bearish movement. Green or white candles indicate a higher close vs. open, while red or black show a drop. Candlesticks spotlight patterns that can reveal potential trend reversals or market sentiment shifts.

Candlestick Charts

Source: CoinMarketCap

4. Support levels

Support levels are price points where downward trends often pause or bounce upward. They form when buying interest overpowers selling pressure at specific price zones. Traders watch support for potential low-risk entry points, placing stop-loss orders just below in case the asset breaks lower. Failing to hold support may suggest a further decline.

Support and Resistance Levels

Source: TradingView

5. Resistance levels

Resistance is the opposite of support. Frequently prices will stall or reverse downward when they reach a major resistance line. Sellers tend to dominate at these levels, hindering the asset from moving higher. Once the price breaches strong resistance and holds above it, that zone can become a new support area, indicating potential bullish momentum.

6. Upward Trends

Upward Trends

Source: Swyftx Learn

An upward trend is characterized by higher highs and higher lows, indicating strong buying activity. Traders may follow this trend until it visibly breaks support or forms a reversal pattern. In a sustained bullish market, you can use additional indicators, like moving averages, to validate momentum and attempt to ride the trend profitably.

7. Downward Trends

Downward Trends

Source: Swyftx Learn

A downward trend shows lower highs and lower lows, signifying consistent selling pressure. As prices continually fall, watch for breakouts above key resistance levels to confirm a potential reversal. Many traders short-sell or avoid buying in a downtrend, waiting for a significant break of the descending line or a confirmed bottom formation.

8. Consolidation Trends

Consolidation Trends

Source: Cryptohopper

Consolidation, or sideways movement, happens when the market has low volatility and the price moves within a tight range. This phase often precedes more dramatic moves, with the breakout direction setting the stage for future price action. During consolidation, some traders scale back, while others anticipate entry points near key support/resistance.

9. Moving Average Convergence Divergence (MACD)

Moving Average Convergence Divergence (MACD)

Source: TradingView

MACD uses two exponential moving averages, the signal line and the MACD line, in conjunction with a histogram that shows the gap between them. When the MACD crosses above the signal line, it signals potential bullish momentum; a drop below might imply a bearish turn. MACD helps identify changes in trend strength and direction.

10. Moving Averages (MAs)

SMA - simple moving average

Moving averages smooth out price data, revealing the underlying trend. Simple moving averages (SMAs) weigh all data equally, while exponential moving averages (EMAs) give recent prices more emphasis. MA crossovers, like a shorter MA crossing above a longer one, will often precede changes in market momentum and can be a powerful market momentum indicator.

11. Average Directional Index

Average Directional Index (ADX)

Source: TradingView

The average directional index (ADX), measures the intensity of a trend from 1 to 100. Values below 20 signal a weak or sideways market, while readings over 40 often mean a solid trend, either bullish or bearish. Traders sometimes pair ADX with other indicators to confirm that the market is truly trending, not whipsawing.

12. Relative Strength Index (RSI)

Relative Strength Index (RSI)

Source: TradingView

The RSI ranges between 0 and 100, highlighting overbought and oversold conditions. A reading above 70 may indicate overbought territory, which means a dip could be on the way, while an RSI under 30 suggests oversold levels, hinting at a possible bounce. This momentum oscillator can help traders decide when to enter or exit positions to avoid chasing extremes.

13. Bollinger Bands

Bollinger Bands

Source: TradingView

Bollinger Bands envelop a moving average with two standard deviation lines above and below it. When the bands widen, market volatility is high; when they contract, volatility drops. Prices that break above or below the bands occasionally signal overextended conditions or emerging trends, aiding in spotting potential reversal zones.

14. On-Balance-Volume (OBV)

On-Balance-Volume (OBV)

OBV connects trading volume with price direction to assess whether buying or selling pressure dominates. If the price forms higher highs while OBV moves lower, it might indicate weakening momentum, which can be a huge red flag for some traders. On the other hand, surging OBV can confirm an ongoing rally, signaling that volume backs the current trend.

15. Awesome Oscillator

Awesome Oscillator

Source: TradingView

Developed by Bill Williams, the Awesome Oscillator contrasts short-term and long-term price momentum. Plotted as a histogram around a zero line, positive bars imply bullish momentum, whereas negative ones suggest selling strength. Traders watch for the “twin peaks” or “zero line crossover” signals to anticipate possible trend reversals or continuations.

16. Fibonacci Pivot Points

Fibonacci Pivot Points

Source: TradingView

These pivot points apply Fibonacci retracement levels to typical pivot-level calculations, providing potential support and resistance levels. Some traders prefer them to standard pivots, believing Fibonacci ratios can map out more precise reversal zones. In crypto, where market sentiment can shift abruptly, these levels serve as objective reference points for entries/exits.

17. Parabolic SAR

Parabolic SAR

Source: TradingView

Short for “stop and reverse,” Parabolic SAR spots a trailing indicator that hovers below bullish price action and above bearish movement. When the indicator flips position, it may signal a potential trend reversal. Traders often combine Parabolic SAR with other momentum-based tools to distinguish genuine signals from routine pullbacks or rallies.

Where to Find Crypto Charts?

TradingView

TradingView stands out as a comprehensive charting solution, offering a vast range of technical indicators from basic moving averages to custom-coded oscillators built by its thriving community. It’s commonly used by crypto traders, but the same interface applies seamlessly to stocks, commodities, or forex.

TradingView

Source: TradingView

The highly interactive nature of the platform fosters collective learning and improvement by letting you share the charts, scripts, and strategies of others. For those dealing with multiple crypto pairs, TradingView’s multi-chart setup can save time and improve research depth, enabling you to track global market trends in one streamlined dashboard.

CoinMarketCap

While not as sophisticated as TradingView, CoinMarketCap remains a go-to site for quick data on market capitalization, price fluctuations, trading volume, and overall market ranking. Its charting function is basic yet sufficient for top-level analysis, letting you spot multi-day or multi-month trends at a glance. Users can easily compare different tokens, manage a watchlist, and explore relevant links.

CoinMarketCap

Source: CoinMarketCap

Though advanced traders may look elsewhere for deeper chart overlays, CoinMarketCap’s streamlined interface suits those who need immediate reference points or want to check broader crypto performance.

How to trade crypto with a technical indicator

Trading with indicators involves more than simply spotting a crossover or an overbought reading. You should combine at least one trend indicator with a momentum or volume-based tool to validate signals.

For instance, if your MACD line crosses above its signal line in a market that is making higher highs, this combination offers added confidence in a bullish move. Always take into account your risk tolerance when sizing positions, and be ready for false signals in a highly volatile environment.

Setting protective stop-loss orders is another vital step. You might place a stop just below a confirmed support level in case price action reverses.

Monitoring fundamental developments and market sentiment helps you avoid solely relying on charts. A sudden regulatory announcement or surprise listing can quickly nullify an indicator-based entry.

Adjust your strategies according to the crypto’s liquidity, as smaller tokens may be prone to whipsaw price shifts. Finally, review each trade after it closes. Keep notes on why you entered and how the indicator performed.

Over time, you can refine your approach to adapt to changing market conditions and avoid repeating mistakes.

Conclusion

Each of these indicators can offer valuable insights into ongoing price action, but no single tool guarantees consistent gains. The crypto market remains a fast-moving space with significant swings. Combining multiple indicators and verifying them with fundamental observations often yields more balanced decisions.

You should also stay up to date on macro developments and be mindful of your own trading psychology. By approaching crypto with the right mix of technical research, strategy, and discipline, you can better prepare yourself for both opportunities and potential pitfalls.

FAQs

What is the best indicator for cryptocurrency?

No single indicator excels for all scenarios. Many traders favor combinations like moving averages for spotting trends and RSI for momentum. This layered approach often lowers the chance of misleading signals.

What is the most accurate crypto predictor?

Accuracy depends on market conditions, volatility, and trader skill. Some rely on MACD or Bollinger Bands for dynamic feedback. Others mix multiple indicators with broader research to increase reliability.

Do crypto indicators work?

Indicators can help make structured decisions, but they are not foolproof. Market sentiment and external factors can override technical patterns. Combining several tools and adjusting for new events is generally the best approach.

The post Best Crypto Indicators for Profitable Trading Strategies appeared first on NFT Evening.

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Best Crypto Exchange in UAE: 8 Safest Platforms 2025 https://nftevening.com/best-crypto-exchange-in-uae/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-exchange-in-uae Wed, 29 Jan 2025 07:26:07 +0000 https://nftevening.com/?p=145474 The best UAE crypto exchange is a platform that offers a secure and user-friendly environment for buying, selling, and trading digital currencies. It must good selection of cryptocurrencies, competitive fees,

The post Best Crypto Exchange in UAE: 8 Safest Platforms 2025 appeared first on NFT Evening.

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The best UAE crypto exchange is a platform that offers a secure and user-friendly environment for buying, selling, and trading digital currencies. It must good selection of cryptocurrencies, competitive fees, and smooth AED payment options. A trustworthy exchange also ensures strong security features to protect your funds and personal information.

We will review the 8 best crypto exchanges in Dubai based on key factors such as supported coins, trading fees, regulatory compliance, ease of use, payment methods, and overall security.

List of Best Crypto Exchanges in UAE: Our Top Picks

  1. Binance: Overall best crypto exchange in UAE
  2. Bybit: Best crypto derivatives exchange in UAE
  3. OKX: Safest Dubai crypto exchange
  4. BitOasis: Best licensed exchange in the Middle East
  5. Rain: Low-fee crypto exchange in Dubai
  6. Bitget: Best crypto copy trading UAE platform
  7. MEXC: No-KYC crypto exchange in UAE
  8. Crypto.com: Best Bitcoin and crypto trading platform in Dubai

Best UAE Crypto Trading Apps and Platforms Reviewed

1. Binance

Binance

Binance is one of the leading crypto and  Bitcoin exchange platforms in the UAE. Its Dubai subsidiary, Binance FZE, received a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This license allows Binance to extend its product offerings to both retail and institutional investors in the UAE, including services such as spot trading, lending, borrowing, and staking.

The platform maintains deep liquidity, with a daily BTC trading volume exceeding $76 billion. In terms of supported cryptocurrencies, Binance provides access to over 400 digital assets and more than 1,500 trading pairs. Binance’s fee structure is competitive, with trading fees ranging from 0.1% to 0.024% for takers and 0.1% to 0.012% for makers, depending on the user’s 30-day trading volume.

For UAE users, Binance supports various payment methods to deposit AED, including MasterCard, Visa, bank transfers, and ADVCash, with instant fiat-to-crypto transactions. Also, Binance offers its own payment system, Binance Pay, which includes a prepaid Visa debit card usable for purchasing goods and services.

Pros

  • Supports 400+ cryptocurrencies for diverse trading options
  • Competitive trading fees starting at 0.1%
  • Licensed by Dubai’s VARA and holds an FSP
  • Multiple payment methods like cards, bank transfers, Binance Pay
  • Advanced security with 2FA, whitelisting, and Proof of Reserves

Cons

  • Limited customer support with slow response times
  • Full access requires identity verification through KYC
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2. Bybit

Bybit

Bybit is another one of the top cryptocurrency exchanges in the UAE. Established in 2018, It has grown rapidly and, as of today, serves over 50 million users worldwide. Recently, Bybit secured a Provisional (Non-Operational) Approval for a Virtual Asset Service Provider (VASP) license from Dubai’s VARA. It provides access to 1,699 different cryptocurrencies and 275 crypto derivatives. The platform supports spot trading and 100x perpetual futures markets.

The exchange offers competitive trading fees, with spot trading fees ranging from 0.02% to 0.1% for both makers and takers. For derivatives, the fees are between 0.01% and 0.055% for makers and 0% to 0.02% for takers. Plus, a funding fee of 0.02% applies. Bybit accepts various payment methods, including credit and debit cards, PayPal and cryptocurrencies. Also, the platform allows users to buy crypto with AED.

Bybit’s platform is user-friendly and offers features such as fixed and flexible staking, high-yield savings accounts, copy trading, and liquidity mining. The exchange also provides automated wealth management services, a prepaid crypto debit card, and a built-in NFT marketplace.

Pros

  • Supports 1699 cryptocurrencies and 275 derivatives markets
  • Competitive fees, 0.1% for spot, 0.02%-0.055% for derivatives
  • UAE-friendly with AED payment supported via cards and PayPal
  • User-friendly platform with staking, copy trading, and savings
  • Strong security with 1:1 Proof of Reserves and two-factor authentication

Cons

  • Provisional license; not yet fully operational in Dubai
  • Limited direct fiat withdrawals for AED
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3. OKX

OKX

OKX is one of the best UAE crypto exchanges, designed for all types of traders. It is licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), making it a trusted platform for cryptocurrency trading. You can trade over 280 cryptocurrencies on OKX, including popular ones like Bitcoin, Ethereum, and Tether. The platform also offers more than 480 trading pairs, such as BTC/AED and ETH/AED, making it easy to trade in AED.

The trading fees on OKX start at 0.10% for both makers and takers. You can get discounts if you trade large volumes or hold OKX’s native token, OKB. In the UAE, OKX allows you to deposit and withdraw AED directly using local bank accounts.

The platform is simple for beginners but has advanced tools for experienced traders like 100x leverage trading, margin trading, NFT marketplace, and Web3 ecosystem. Your funds are also safe with top-level security, including PoR, multi-factor authentication, and offline storage.

Pros

  • Licensed by VARA, ensuring regulatory compliance in Dubai
  • Supports over 280 cryptocurrencies and 480+ trading pairs
  • AED deposits and withdrawals via local bank accounts
  • Low trading fees start at 0.08% for makers and 0.1% takers
  • Advanced security with multi-factor authentication and cold storage

Cons

  • Lack of detailed customer support for niche trading issues
  • Trading fee discounts require holding OKB tokens
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4. BitOasis

BitOasis

BitOasis is one of the top cryptocurrency exchanges in the UAE. It started in 2015 and is based in Dubai. The platform lets you trade more than 80 cryptocurrencies, including popular ones like Bitcoin, Ethereum, Ripple, and Cardano. It’s only designed to meet the needs of UAE residents, making it a trusted choice for buying, selling, and holding crypto.

The exchange is licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), ensuring it follows all local laws. It also has approval from Bahrain’s Central Bank to operate as a broker-dealer. 

For payments, BitOasis provides several options. You can deposit money using credit or debit cards, with a fee of 3.99%. Wire transfers from local banks are also supported, and while BitOasis doesn’t charge for these, some banks may add their own fees. There’s a special feature for UAE users called Easy Funding, which lets you link your bank account for fast deposits. This option does not charge fees. Apple Pay is also available for instant deposits starting at AED 100.

The platform is easy to use on both mobile and desktop, making it convenient for all types of traders. Security is a priority, with strong measures in place to protect your funds and information. BitOasis also provides helpful guides and resources to make crypto trading easier for beginners.

Pros

  • Licensed by VARA and Central Bank of Bahrain
  • Easy funding with local bank accounts for UAE users
  • Multiple payment methods like Apple Pay, wire transfers
  • User-friendly interface on both mobile and desktop

Cons

  • 3.99% fee for card payments
  • Limited cryptocurrency options compared to larger exchanges

5. Rain

Rain

Rain is one of the top crypto trading platforms in the UAE, known for its secure and easy-to-use platform. It is licensed by the Abu Dhabi Global Market (ADGM), ensuring that it operates within strict regulations. Rain supports over 70 cryptocurrencies, including popular ones like BTC, ETH, USDT, and SOL.

When it comes to fees, Rain keeps things simple and transparent. Instead of charging traditional trading fees, a margin of 1% to 2.5% is included in the prices shown. Depositing AED into your Rain account is free, and withdrawals in AED to local banks also come without any charges. For the advanced platform, it charges 0.10% maker fees and 0.25% taker fees on all trades.

You can use local bank transfers to deposit AED seamlessly, and credit or debit cards like Visa and MasterCard are also supported. It uses advanced measures like cold storage and multi-factor authentication to protect your assets. Additionally, the platform has a mobile app available on iOS and Android.

Pros

  • Licensed by ADGM, ensuring strong regulatory compliance
  • No fees for AED deposits and withdrawals to UAE banks
  • Multiple payment methods like bank transfer and credit cards
  • Sharia-compliant for users seeking ethical investment options

Cons

  • Fewer supported cryptocurrencies compared to global exchanges
  • Credit card transactions may incur high bank-imposed charges

6. Bitget

Bitget

Bitget is one of the best Bitcoin exchanges in the UAE, offering a range of advanced trading features. The platform supports over 1200 cryptocurrencies. So, whether you’re buying major coins like Bitcoin and Ethereum or exploring smaller tokens, Bitget has plenty of options.

Bitget has zero fees for buying and selling crypto through its Peer-to-Peer (P2P) platform. Additionally, it supports fiat gateways for multiple Middle Eastern currencies, including UAE Dirhams. To make the platform more user-friendly for Arabic-speaking traders, Bitget offers full Arabic language support on its mobile app and website.

While Bitget is not yet fully licensed in the UAE, the company is actively working to secure regulatory approvals and establish a regional office. Bitget is known for its unique features like copy trading, which lets beginners mimic the trades of experienced investors. Plus, the platform offers advanced futures trading options, with 125x leverage.

Another standout feature is the Bitget Wallet, a multi-functional crypto wallet that supports swaps, NFTs, and decentralized apps (DApps). This makes it easy for users to manage their digital assets and explore the Web3 ecosystem.

Pros

  • Supports 1200+ cryptocurrencies for diverse trading options
  • Zero fees for P2P crypto transactions
  • Arabic language support for UAE and MENA users
  • Unique copy trading feature for beginners
  • Advanced futures trading with leverage options

Cons

  • Not yet fully licensed in the UAE.
  • No local customer support offices in the region
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7. MEXC

MEXC

MEXC is the cheapest crypto trading platform in the UAE, offering a wide range of features and benefits for users. Launched in 2018, it has grown rapidly and now supports millions of users globally, including many in Dubai and the UAE. MEXC offers an impressive selection of over 2,500 cryptocurrencies and 2,900 trading pairs.

One of MEXC’s best features is its low fees. For spot trading, the platform charges 0.05% for both makers and takers. Futures trading is also affordable, with 0.01% maker fees and only 0.04% for takers. Deposits are free, although standard network fees apply when moving funds on the blockchain. These low costs make MEXC one of the low-fee platforms for crypto trading in the UAE.

MEXC supports multiple payment options that work well in the UAE. You can deposit money using bank transfers, credit or debit cards, or third-party payment services through P2P. The platform also offers OTC (Over-The-Counter) services. MEXC provides advanced trading tools like spot and futures trading with leverage, copy trading to mimic the strategies of top traders, and demo accounts to practice. The platform is easy to use, with a simple interface and a mobile app. You can also trade crypto without KYC verification and withdraw up to 10 BTC per day.

Pros

  • Supports 2,500+ cryptocurrencies and 2,900 trading pairs
  • Very low fees for crypto trading
  • Multiple payment methods, including bank transfers and cards
  • User-friendly interface and feature-rich mobile app
  • Offers advanced tools like copy trading and demo accounts

Cons

  • The licensing status in the UAE remains unclear
  • Limited customer support options for urgent issues
  • OTC services may involve higher spreads than regular trading
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8. Crypto.com

Crypto.com

Crypto.com is another licensed and one of the best crypto trading exchanges in the UAE. It is fully licensed by the Virtual Assets Regulatory Authority (VARA) in Dubai. This license allows Crypto.com to provide various services, such as buying, selling, and trading cryptocurrencies, as well as lending and borrowing digital assets.

The platform also offers spot trading, which is ideal for those who want to trade cryptocurrencies directly. Additionally, users can enjoy features like trading bots and sub-accounts, making it easier to manage multiple portfolios or automate trades.

One of the major advantages of using Crypto.com in the UAE is the introduction of the AED Fiat Wallet. This enables users to deposit and withdraw UAE Dirhams (AED) directly from their accounts. This is great news for local users as it allows for quick and easy transactions without having to convert to other currencies. Plus, deposits from UAE bank accounts are completely free of charge.

Pros

  • Licensed by Dubai’s VARA for regulated operations in UAE
  • Supports AED deposits and withdrawals with no fees
  • 350+ cryptocurrencies available for trading
  • Offers trading bots and advanced trading features
  • Security-focused with strong encryption and user protection

Cons

  • High fees on some transactions, especially for small amounts
  • Occasional withdrawal delays for certain assets
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Best Crypto Exchanges in Dubai – Comparison Table

Exchange Supported Coins Trading Fees UAE Regulated
Binance 400+ 0.1% maker/taker Yes (Licensed by VARA)
Bybit 1,699+ 0.1% maker/taker Provisional VARA license
OKX 280+ 0.08% maker and 0.1% taker Yes (Licensed by VARA)
BitOasis 80+ 3.99% for card payments, wire transfers free Yes (Licensed by VARA & Bahrain CBB)
Rain 70+ Free, 0.10%-0.25% (advanced portal) Yes (Licensed by ADGM)
Bitget 1,200+ 0.1% maker/taker No
MEXC 2,500+ 0.05% maker/taker No
Crypto.com 350+ 0.25% maker and 0.5% taker Yes (Licensed by VARA)

How to Choose a UAE Crypto Exchange?

Trading Fees

Trading fees are the costs you pay when buying or selling cryptocurrencies in the UAE. These fees can be either transaction charges, withdrawal fees, or deposit fees. High fees can reduce your profits, so it is important to find an exchange with fair rates. 

Some UAE exchanges offer discounts for high-volume traders or low fees for specific crypto transactions. Hence, comparing these all types of fees helps you choose a platform that lets you trade without losing your extra money.

Available Cryptocurrencies

Different crypto exchanges in the UAE offer a different variety of cryptocurrencies. Some of them will offer only popular coins like Bitcoin, Ethereum, or Binance Coin, while many support newer or less common options. 

So, if you want to trade specific coins or tokens, check the exchange’s list of coins and tokens before signing up. A platform with more cryptocurrencies gives you more trading opportunities and helps you diversify your portfolio.

User Interface & Experiences

A proper user interface is critical, especially if you are a newbie in crypto trading in the UAE. A clean and simple platform makes it easy for you to purchase, sell, or follow cryptocurrencies. Complicated platforms increase the chances of making mistakes or frustration. 

UAE crypto exchanges with beginner-friendly designs and helpful tools save you time and effort. Look for an exchange that works properly on mobile and desktop devices for ease.

Security

The most important aspect when selecting a UAE crypto exchange is security. If an exchange is not secure, your funds and personal information may be stolen. Reliable UAE platforms have robust measures such as two-factor authentication, encryption, and cold wallets to protect your assets. 

You must look for security certifications and user reviews before signing up. A safe exchange ensures your trading experience is hassle-free and your money is protected.

Payment Methods

The ease with which you can deposit or withdraw money on a crypto exchange in the UAE is determined by the available payment methods. Most UAE platforms support bank transfers, credit or debit cards, and sometimes e-wallets. 

Choose an exchange that offers payment methods you are comfortable using. Fast and simple payment options save time and make it easier for you to start trading. Ensure the platform also supports AED to avoid extra conversion fees.

Regulatory Compliance

Regulatory compliance is imperative when selecting the best crypto exchange in the UAE. Platforms following UAE’s crypto laws and regulations are safer for you to use. The most regulated exchanges ensure transparency and protect your funds besides reducing risks of scammers. 

Before signing up, examine if it is licensed by an authority in the UAE, either the Dubai Multi Commodities Centre (DMCC) or Abu Dhabi Global Market (ADGM). A regulated platform will give you peace of mind while trading.

Types of Crypto Exchanges in UAE

Decentralized Exchanges (DEXs)

Decentralized exchanges let you trade cryptocurrencies directly with other people. There is no middleman or company controlling the exchange. These platforms run on blockchain technology, which makes them secure and private. 

In the UAE, using a DEX is a good option if you want full control of your crypto. You also don’t need to share personal information. But, DEXs can be a bit tricky sometimes for beginners because they have fewer user-friendly features. 

One example of a DEX is Uniswap, where you can trade tokens without signing up. But keep in mind, DEXs usually don’t support traditional currencies like AED. If you are comfortable with tech and want more freedom, a DEX is a smart choice. Also, just remember, if you lose your wallet key, your funds can’t be recovered.

Centralized Exchanges (CEXs)

The most common type of crypto exchange in the UAE is centralized exchanges, also known as CEXs. These are run by companies that act as middlemen for buying and selling cryptocurrencies. They are easy to use and often support fiat currencies like AED. 

For instance, Binance and Bybit are popular CEXs in Dubai that offer fast transactions, many cryptocurrencies, and helpful tools for traders. However, because you are giving the company your funds, you must trust them to keep your assets safe. 

Also, many people are worried about hacks or insolvency on CEXs, but most of the platforms have strong security measures. If you are new to crypto trading or want simple payment methods such as credit cards or bank transfers, a trustworthy CEX is always a good choice. Also, just make sure that your exchange is legalized in the UAE.

Peer-to-Peer (P2P) Exchanges

P2P exchanges enable you to trade Bitcoin or crypto directly with other people. They connect buyers and sellers, enabling both parties to negotiate and set their own prices. P2P exchanges are very popular in the UAE because they give you control over trade. Binance P2P and Paxful are examples of such platforms. They offer secure escrow systems to ensure that both parties complete the deal before transferring funds.

P2P exchanges are good to use if you want to trade in AED or avoid high transaction fees. They also accept many forms of payment, including bank transfers or even cash deposits.

However, the process is a little slower than centralized ones, since you will be waiting for someone who would accept your offer or agree on your terms to become either the buyer or the seller. But if you’re concerned about privacy and flexibility, a P2P exchange may be what you’re looking for.

How to Buy Bitcoin and Crypto in the UAE?

Buying Bitcoin or any cryptocurrency in the UAE is easy if you follow the right steps. Here’s a simple guide to help you get started, even if you’re a total beginner.

  1. Choose a Reputable Exchange: The first step is to choose one of the reputable crypto exchanges. There are many such in the UAE including Binance, Bybit, and BitOasis. You must look for one that is registered in the UAE, supports AED, and has good security. Also, see how reliable and secure the platform is by reading some reviews.
  2. Create an Account and Complete KYC: You would need to open an account after choosing an exchange. This is about as easy as signing up for any website. You would have to provide some basic details, such as your name, email, and phone number. And, most UAE exchanges also require you to complete a KYC process. This means uploading documents like your Emirates ID or passport to verify your identity
  3. Deposit Funds: Once your account is ready, it’s time to add money to it. Most exchanges in the UAE allow you to deposit AED using a bank transfer, credit card, or even e-wallets like PayPal. Hence, choose a method that is convenient for you.
  4. Buy Bitcoin or Crypto: Now that you have money in your account, you can buy Bitcoins or any other cryptocurrency. Look for the crypto you are looking to buy on the exchange. You could look for Bitcoin (BTC) or Ethereum (ETH). Enter the amount you wish to buy and confirm the details. Many exchanges also allow you to set a price if you want to buy when the market is lower. Click “Buy” and, within seconds, you’ll own your first cryptocurrency.
  5. Withdraw Funds: Once you have bought the crypto, you might need to withdraw it to keep it safe. You can either transfer it to a personal wallet or hold it on the exchange. If you like to have control over your crypto, send it to a secure wallet, for example, a hardware wallet or a mobile wallet app.

UAE Crypto Regulations

The UAE has clear rules for cryptocurrency to keep trading safe and protect investors. The Securities and Commodities Authority (SCA) made it necessary for all crypto businesses to get a license from them. These rules cover activities like offering, buying, selling, and trading cryptocurrencies. Companies must also follow laws to prevent money laundering and illegal funding.

In Dubai, the Virtual Assets Regulatory Authority (VARA) requires any crypto business working in or from Dubai to get a license.

When it comes to taxes, individuals don’t have to pay capital gains or income tax on their crypto earnings. However, businesses earning more than AED 375,000 per year must pay a 9% corporate tax, which started in 2023. Also, cryptocurrency mining is not free from VAT (Value Added Tax), so miners must pay the standard VAT rate.

Conclusion

In a nutshell, the best crypto exchanges in the UAE are Binance, Bybit, OKX, BitOasis, Rain, Bitget, MEXC, and Crypto.com. These platforms are best due to their large cryptocurrency offerings, competitive fees, and strong security measures. 

The choice of the best AUE platform depends on your needs, such as supported cryptocurrencies, fees, and regulatory compliance. Also, prioritize security and functionality to make the most of your trading experience in Dubai.

FAQs

Is crypto exchange legal in UAE?

Yes, trading cryptocurrencies like Bitcoin on a crypto exchange is legal in the United Arab Emirates (UAE). The government has set up rules to make sure that buying and selling digital money is safe and follows the law. The SCA introduced regulations requiring all crypto businesses to get a license.

What are the best Bitcoin wallets in the UAE?

The best Bitcoin wallets in the UAE are Phantom Wallet and Trezor Safe 5. For software wallets, Phantom Wallet is a popular choice. It’s easy to use and lets you manage your Bitcoin on your computer or phone. For hardware wallets, the Trezor Safe 5 is well-known for its strong security features. It keeps your Bitcoin offline, which makes it harder for hackers to access it.

Which bank is most crypto-friendly in the UAE?

Emirates NBD and Abu Dhabi Commercial Bank (ADCB) are the leading banks known for their relatively crypto-friendly approach. They have been open to serving customers involved in the cryptocurrency space.

Is UAE a crypto-friendly country?

Yes, the UAE is considered one of the most crypto-friendly countries in the world. The government is open to new technologies and has created rules to support the growth of cryptocurrencies.

For instance, in Dubai, there is an official government-licensed company, KIKLABB, that accepts cryptocurrency in exchange for issuing trade licenses or visas. As such, one can clearly determine that the UAE offers a secure climate for crypto-based businesses and people.

Which crypto exchange is best in Dubai?

Binance and Bybit are the best crypto exchanges in Dubai. Binance is one of the biggest and has numerous cryptocurrencies that can be traded. Bybit is another exchange that is more used nowadays for being user-friendly and with advanced trading facilities. Both platforms are known for high-security features and are well-present as regional platforms.

Which banks allow you to buy Bitcoin in UAE?

Emirates NBD is the bank that allows you to buy Bitcoin in UAE. It is known for its relatively crypto-friendly approach and has been open to serving customers involved in the crypto market.

Is it legal to cash out crypto in Dubai?

Yes, it is legal to cash out your cryptocurrency in Dubai. To do this, you would sell your crypto assets on a licensed exchange platform, converting them into fiat currency like UAE Dirhams or US Dollars. After selling, you can withdraw the funds to your linked bank account.

The post Best Crypto Exchange in UAE: 8 Safest Platforms 2025 appeared first on NFT Evening.

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Best Crypto Margin Trading Exchanges in 2025 https://nftevening.com/crypto-margin-trading-exchanges/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-margin-trading-exchanges Thu, 23 Jan 2025 14:57:30 +0000 https://nftevening.com/?p=145330 Crypto margin trading is a way to trade cryptocurrencies using borrowed money. It allows you to trade bigger amounts than what you actually own, which can lead to higher profits.

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Crypto margin trading is a way to trade cryptocurrencies using borrowed money. It allows you to trade bigger amounts than what you actually own, which can lead to higher profits. This method of trading is popular among experienced traders because it gives them more trading power.

In this guide, we will help you understand crypto margin trading, how it works, and its risks and benefits. We will also share the best crypto margin trading exchanges and what to consider when choosing one.

List of Top Crypto Margin Trading Exchanges

Here is the list of 7 best margin trading crypto exchanges:

  1. Binance: Overall best crypto margin trading exchange
  2. Bybit: Best leverage trading platform with high liquidity
  3. KuCoin: Best for Bitcoin margin trading
  4. Bitget: Best crypto copy trading platform
  5. OKX: Safest margin trading crypto exchange
  6. Kraken: Best margin trading exchange for U.S. users
  7. Gate.io: Best isolated margin trading platform with 20x leverage

Best Crypto Exchanges for Margin Trading – Detailed Review

1. Binance

Binance

Binance is one of the largest cryptocurrency exchanges, offering margin trading with competitive features. Founded in 2017, Binance serves over 251 million users worldwide. The platform provides up to 10x leverage for spot margin trading and up to 125x leverage for futures trading.

It supports 400+ cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and many altcoins, giving traders flexibility in their strategies. Binance charges a base interest rate on borrowed funds, which varies by cryptocurrency, along with trading fees of 0.1% for makers and takers. Discounts are available if you hold a Binance Coin (BNB) or meet high trading volumes.

Binance’s high liquidity allows for fast and efficient trade execution, which is crucial for margin traders. The platform also offers cross-margin and isolated-margin modes. Beyond margin trading, Binance provides additional services like spot trading, futures trading, staking, savings programs, and an NFT marketplace.

Pros

  • Wide range of supported cryptocurrencies
  • High liquidity ensures efficient trade execution
  • Competitive fee structure with opportunities for discounts
  • Advanced security measures to protect user assets
  • A comprehensive suite of additional services beyond margin trading

Cons

  • Regulatory challenges in certain jurisdictions
  • Customer support can experience delays during peak times
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2. Bybit

Bybit

Bybit is another best margin trading exchange, allowing you to trade with 10x leverage. It supports both cross-margin and isolated margin modes, giving flexibility in risk management. Beyond margin trading, it provides a variety of features. It offers spot trading with over 1650 cryptocurrencies, enabling straightforward buying and selling of digital assets.

The platform also supports derivatives trading, including perpetual contracts and futures, with leverage options up to 100x. Bybit’s user-friendly interface includes advanced charting tools and real-time market data. The exchange is known for its robust security measures, such as keeping the majority of user funds in cold storage and implementing 2FA.

Plus, Bybit offers a copy trading feature, allowing you to follow and replicate the strategies of experienced traders. This can be beneficial if you’re new to trading or prefer a more hands-off approach. The platform also provides various earning opportunities, including staking and lending.

Pros

  • A wide range of cryptocurrencies is available including altcoins
  • Advanced trading features and tools
  • Competitive fee structure, around 0.1% maker/taker
  • Strong security measures including 2FA, PoR, and cold storage
  • User-friendly margin trading interface for beginners

Cons

  • Limited fiat currency support for deposits and withdrawals
  • Lack of insurance coverage for user assets
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3. KuCoin

KuCoin

KuCoin is one of the best crypto margin trading platforms with 10x leverage. It supports both cross-margin and isolated-margin modes. In cross-margin, all assets in your margin account act as collateral, offering up to 5x leverage. An isolated margin allows specific positions to have dedicated collateral, with up to 10x leverage, depending on the trading pairs.

It supports over 700 cryptocurrencies and 1,300 trading pairs, giving you a wide range of options. The platform also offers spot trading, futures trading, staking, and lending services. Its fee structure is competitive, with trading fees ranging from 0.10% to 0.02%. Holding KuCoin’s native token, KCS, or increasing trading volume can lower these fees.

The platform emphasizes security through multi-factor authentication, cold storage, and encryption. However, it experienced a notable security breach in 2020, where hackers stole $281 million worth of assets. KuCoin serves a global audience, with millions of users across over 200 countries. It’s accessible through its website and a mobile app.

Pros

  • Supports 750+ cryptocurrencies
  • Competitive fees from 0.10% to 0.02%
  • Offers up to 10x leverage in margin trading
  • Available in 200+ countries
  • 24/7 customer support

Cons

  • Experienced a major security breach in 2020
  • Not licensed in the U.S.
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4. Bitget

Bitget

Bitget is a well-known cryptocurrency exchange for margin trading with 10x leverage options. Established in 2018, it serves over 45 million users in more than 100 countries. Bitget allows margin trading with leverage of up to 125x on futures contracts, enabling you to trade larger positions by borrowing funds.

Bitget supports spot trading with a variety of over 1250 cryptocurrencies, including Bitcoin, Ethereum, and several altcoins. Its copy trading feature is helpful for beginners, as it lets you follow the trades of experienced traders. You can also earn passive income through staking and savings products available on the platform.

Its interface is easy to use, catering to both new and experienced traders. With features like advanced trading tools, diverse crypto listings, and multiple earning options, Bitget appeals to a wide range of users.

Pros

  • Leverage up to 125x for advanced trading
  • Offers 1250+ cryptocurrencies for trading
  • Copy trading makes it beginner-friendly
  • Strong security measures for user funds
  • Easy-to-use interface for all traders

Cons

  • Limited options for fiat currency deposits
  • Not accessible in some countries including the U.S.
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5. OKX

OKX

OKX is a popular margin trading cryptocurrency exchange established in 2017. It serves users in over 100 countries and offers margin trading with leverage options of up to 10x for spot trading and up to 100x for futures. The platform supports more than 350 cryptocurrencies, including Bitcoin, Ethereum, and various smaller tokens. OKX is known for its competitive trading fees, with maker fees of around 0.08% and taker fees of about 0.1%.

Funding options on OKX include crypto deposits, credit card payments, and peer-to-peer trading, making it accessible to a wide range of users. For margin trading, the platform provides annual interest rates ranging from 1% to 3%. 

Features like a demo trading account and automated trading bots make it appealing to both beginners and experienced traders. The interface is designed to cater to different skill levels, although it might feel complex for first-time users.

Pros

  • Offers over 350 cryptocurrencies
  • Up to 100x leverage for futures
  • Competitive fees (maker 0.08%, taker 0.1%)
  • Multiple funding methods are supported
  • Demo account for risk-free trading practice

Cons

  • Interface can be tricky for beginners
  • A separate OKCoin platform for U.S. users without a margin trading feature
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6. Kraken

Kraken

Kraken is a best margin trading crypto exchange that was founded in 2011. It provides a margin trading option, which allows users to borrow funds and trade with up to 5x leverage. Kraken offers a wide range of cryptocurrencies – more than 200 options for users to trade.

The platform charges a fee of up to 0.40% per trade, but the fee reduces as you trade more. Kraken also allows futures trading with up to 50x leverage.  Security is a top priority for Kraken, with features such as two-factor authentication and cold storage for the majority of funds. Kraken also provides customer support around the clock to assist with any issues. 

However, margin trading is only available to intermediate and professional clients living outside the United States, the United Kingdom, and Canada. U.S. users need to meet the requirements as an Eligible Contract Participant (ECP) under U.S. law to use the margin trading feature.

Pros

  • Offers a wide variety of cryptocurrencies for trading
  • Margin trading with up to 5x leverage for many assets
  • Competitive trading fees that decrease with volume
  • Futures trading with 50x leverage for advanced strategies
  • Strong security measures, including two-factor authentication

Cons

  • Fees are higher for instant buy orders on the platform
  • Restricted access for U.S. users
  • Beginners may find the interface somewhat complex
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7. Gate.io

Gate.io

Gate.io, founded in 2013, is a well-established cryptocurrency exchange. It allows users to trade with up to 20x leverage on its margin trading platform. The exchange supports over 3,400 cryptocurrencies, offering a wide variety of trading options for users. 

Along with margin trading, Gate.io features spot trading, futures contracts with up to 100x leverage, staking, and lending services. It handles over $13 billion in daily trading volume and serves more than 20 million users globally.

Gate.io is known for its strong focus on security, utilizing advanced measures to protect user funds. It has been transparent with proof of reserves since 2015. The platform is designed for traders of all levels, with an easy-to-navigate interface available on both desktop and mobile. 

It also provides learning resources to help users make informed decisions. Gate.io’s ecosystem extends to Web3 products, decentralized wallets, and an NFT marketplace, making it a versatile option for crypto enthusiasts. Read our full Gate.io review for more information.

Pros

  • Supports over 3,400 cryptocurrencies for trading
  • Up to 20x leverage on isolated margin trading available
  • High daily trading volume exceeding $13 billion
  • Advanced security measures for user protection
  • Simple interface suitable for all experience levels

Cons

  • Limited fiat deposit and withdrawal options
  • Not accessible in some restricted regions like the U.S.
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What is Crypto Margin Trading?

Crypto margin trading lets you trade cryptocurrencies using borrowed money. This means you don’t need to use all your own funds. Instead, you can borrow extra funds from a broker or an exchange to increase your trading power. This allows you to trade larger amounts than you could with just your own money. For example, if you have $100 and borrow $400, you now have $500 to trade. This can multiply your potential profits. 

How does crypto margin trading work?

Crypto margin trading works through leverage. Leverage is the ratio of your own money to the borrowed funds. Common leverage ratios in crypto trading are 2:1, 5:1, or even higher. For example, with 10:1 leverage, you can control $1,000 worth of crypto with just $100 of your own funds.

To start, you need to open a margin trading account with a crypto exchange. Then, you deposit your money as collateral, known as the margin. This acts as security for the funds you borrow.

When you place a trade, the exchange lends you extra funds based on the leverage you choose. If the trade is successful, you keep the profits after paying back the borrowed amount. If the trade goes against you, the exchange can sell your position to recover their money. This is called a margin call.

Benefits of crypto margin trading

  • Potentially higher profits: Margin trading can really boost your returns if your trades are successful.
  • Leverage: Borrowing money allows you to control a larger position in the market with less of your own capital.
  • Hedging: One can also hedge against probable losses in other investments by using margin trading.
  • Efficient use of capital: If you believe in a strong price movement, margin trading can help you capitalize on it with less initial investment.
  • Advanced trading strategy access: margin trading will provide you with more complex trading techniques, like short selling.

Risks of crypto margin trading

  • Lose More Money: Just like you can make big profits, you can also lose big. If the market moves against you, you might lose more than your initial deposit.
  • Margin Calls Can Wipe You Out: If your trade loses too much value, the platform may ask for more money (a margin call). If you can’t pay, your trade will be closed, and you’ll lose your funds.
  • Volatile Market is Dangerous: Crypto prices change very fast. A small drop can lead to big losses, especially with high leverage.
  • Not for Beginners: Margin trading is complicated. It requires knowledge of advanced trading terms. Beginners often make mistakes and lose money.
  • Overtrading Temptation: Borrowing funds may push you to trade too often. This can increase your losses and harm your strategy.

How to Choose a Crypto Margin Trading Exchange?

Choosing the appropriate crypto margin trading exchange is critical. The one you choose will determine your experience in trading as well as how safe you are likely to be. Below are the most important factors to look for and why.

Security Measures

Security is the most important thing when choosing a margin trading exchange. You need to make sure your money and personal information are safe. Look for features like two-factor authentication (2FA), withdrawal address whitelisting, and anti-phishing measures. 

Also, check if the exchange stores most of its funds in “cold wallets”, which are not connected to the internet and are harder to hack. Even some platforms offer insurance in case the users’ accounts are hacked. 

Maximum Leverage

Leverage enables you to borrow money to trade larger amounts than the actual amount you have deposited. Some of the exchanges provide up to 10x leverage, but this does not necessarily mean that you should choose the highest. 

High leverage may multiply your profit, but the losses are much bigger when the market goes against you. So, pick an exchange with a leverage option according to your level of experience and risk. Beginners should take low leverage as there would be risks.

Trading Fees

Fees significantly influence your overall profits. Exchanges usually charge fees on trades, withdrawals, and sometimes deposits. Large fees can erode your profits greatly if you are a frequent trader. Compare fee structures among crypto exchanges and settle on one that charges fairly and transparently.

Available Cryptocurrencies

Not all exchanges allow margin trading in every cryptocurrency. If you are interested in trading specific coins, such as Bitcoin, Ethereum, or lesser-known altcoins, check the list of cryptocurrencies available on the exchange. A platform with a wide range of cryptocurrencies provides more opportunities for trading.

Liquidity and Trading Volume

Liquidity means the ease of buying or selling an asset without causing a shift in its price. High liquidity leads to faster trades and stable prices. Check the exchange’s daily trading volume to see if it has enough liquidity. Popular exchanges usually have higher liquidity, which makes trading smoother.

Customer Support

Good customer support is important, especially when problems arise with your account or trades. You need to find an exchange that has 24/7 support by live chat, email, or phone. Test their response time and check reviews from other users to be sure the support team is responsive.

Regulations and Licensing

A regulated exchange follows strict rules to protect you as a trader. These exchanges comply with legal standards and are often more trustworthy. If an exchange is licensed, it means they meet specific security and financial requirements. Always check if the platform is regulated in your country. Using an unregulated exchange might expose you to risks, like losing access to your funds.

User-Friendly Interface

An exchange should be easy to use. Confusion on the interface may lead to errors, such as entering a wrong trade or missing best trading opportunities. 

Most platforms have demo accounts that allow the testing of trading tools without risking actual money. Make sure to select an exchange that has a clear, user-friendly interface so you can trade confidently and efficiently.

Extra Features

Some exchanges offer more tools that could enhance your trading experience. You can have additional features such as stop-loss orders that automatically close a trade at a certain loss, advanced charting tools to better analyze the market and educational resources like tutorials or blogs that can help you enhance your trading skills. These additional features make the platform more valuable, especially for serious traders.

Crypto Margin Trading Strategies

Here are a few common crypto margin trading strategies:

  1. Scalping: Scalping is all about making quick, small trades to earn from tiny price changes. You get in and out of trades fast, aiming to collect small profits repeatedly. It’s risky because you often use high leverage, so precise timing is key.
  2. Day Trading: Day trading means buying and selling within the same day to take advantage of short-term price movements. You watch the market closely and use tools like charts to spot trends. It requires focus and fast decisions to succeed.
  3. Swing Trading: Swing trading is a slower strategy where you hold trades for a few days or weeks. The goal is to benefit from bigger price swings. You can use both market charts and news updates to make informed decisions.
  4. Arbitrage: Arbitrage is a simple way to profit by buying a cryptocurrency cheaper on one exchange and selling it higher on another. It works best when you act quickly since price differences don’t last long.
  5. Hedging: Hedging helps you protect your investments from losses. For example, if you own Bitcoin and think the price might fall, you can short it to balance out potential losses.

Crypto Margin Trading Fees

Interest Rates: You pay interest on the borrowed funds, usually calculated daily. Interest rates vary depending on the cryptocurrency, the lending exchange, and the amount borrowed.

Funding Rates: Funding rates in perpetual futures contracts are the adjustments made on the long or short positions so as to equalize them with the price of the underlying asset. Funding rates may be positive or negative, which are either received or paid by traders, depending on the position held.

Trading Fees: This is the normal trading fee most exchanges charge on each trade made. Maker fees and taker fees are common for adding liquidity and removing liquidity to or from an order book.

Liquidation Fee: If a trader’s margin level falls to a certain low level, a trading exchange can forcibly liquidate a trader’s position to offset the loan extended. This fee is usually paid at the time of liquidation.

Spot Trading vs. Margin Trading

Spot Trading Margin Trading
Definition Buying or selling cryptocurrencies at the current market price for immediate delivery Borrowing funds from an exchange to increase your trading power
Leverage No Yes
Risk Low High
Potential Profit Low High
Potential Loss Limited to initial investment Entire account balance (cross-margin mode)
Complexity Simpler More complex
Fees Lower trading fees Higher trading fees (interest, funding rates, liquidation fees)
Suitability Long-term investors and those with lower risk tolerance Experienced traders with higher risk tolerance

How to Sign Up for a Crypto Margin Trading Exchange Account?

Let’s break down how to use a crypto margin trading exchange.

  1. Choose a crypto exchange for margin trading: This is the crucial first step. Research and select a reputable margin crypto exchange known for its security, liquidity, and trading platform features.
  2. Create an account: Sign up and complete the necessary verification steps. This usually involves providing personal information and potentially undergoing Know Your Customer (KYC) procedures.
  3. Enable margin trading: Locate the margin trading settings in your account. You’ll likely need to agree to their terms and conditions before enabling this feature.
  4. Deposit funds: Fund your exchange account with cryptocurrency or fiat currency, depending on the exchange’s options.
  5. Start trading: Begin trading with leverage. Use the exchange’s trading interface to place orders, borrow funds, and manage your positions.

Conclusion

In a nutshell, crypto margin trading allows traders to borrow funds to trade larger amounts. It works using leverage, where a small amount of your money is used to control a larger position. Popular leverage trading crypto exchanges like Binance, Bybit, KuCoin, Bitget, OKX, Kraken, and Gate.io provide margin trading with features such as high leverage, advanced tools, and various cryptocurrency options.

When choosing a margin trading exchange, consider factors like security, fees, available cryptocurrencies, trading volume, customer support, and user experience. Beginners should start with lower leverage and learn strategies like scalping, day trading or swing trading. Margin trading is best for experienced traders who understand the risks and rewards. 

FAQs

Is crypto margin trading legal in the US?

Yes, crypto margin trading is legal in the United States, but it is regulated. The legal status depends on the platform you use and the state you live in. Many crypto exchanges that offer margin trading are registered and follow U.S. laws. 

However, the U.S. SEC and CFTC oversee cryptocurrency activities. Some exchanges may restrict margin trading for U.S. residents due to stricter regulations.

Where can I leverage trade crypto?

You can leverage trade crypto on centralized and decentralized exchanges. Some of the most popular exchanges that offer leverage trading include Binance, Bybit, KuCoin, and OKX. These platforms allow you to use borrowed funds to trade more significant amounts of crypto than what you own. 

Where can I margin trade crypto?

You can margin trade crypto on various exchanges such as Binance, Bybit, OKX, KuCoin, and Bitget. These margin trading crypto platforms allow you to borrow funds (up to 10x) to open larger positions.

What is the difference between isolated and cross-margin trading?

In isolated margin trading, the funds used as collateral are limited to a specific position. If the trade goes wrong, only the collateral for that trade is at risk. On the other hand, cross-margin trading uses the entire balance in your margin account as collateral for all your positions. This means if one position starts losing, your other funds can be used to cover it.

What is the difference between crypto leverage trading and crypto margin trading?

Margin trading allows you to borrow funds from an exchange to trade more significant amounts of cryptocurrency than you own. Leverage trading refers to using borrowed funds to increase the size of your position.

Essentially, leverage trading is a subset of margin trading. The key difference is that leverage specifically refers to the ratio of borrowed funds, while margin refers to the actual collateral you put up for the loan.

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6 Best Crypto Day Trading Strategies for Beginners https://nftevening.com/crypto-day-trading-strategies/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-day-trading-strategies Tue, 21 Jan 2025 10:40:17 +0000 https://nftevening.com/?p=145215 Day trading in cryptocurrency markets involves buying and selling digital assets within a single trading day, and since crypto markets operate 24/7 (unlike traditional stock markets), it creates a fast-paced

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Day trading in cryptocurrency markets involves buying and selling digital assets within a single trading day, and since crypto markets operate 24/7 (unlike traditional stock markets), it creates a fast-paced environment with higher volatility. This means that opportunities for quick profits can arise around the clock, but so can the risk of significant losses if trades go away.

In 2025, heightened mainstream attention is expected to attract new crypto investors seeking to exploit market inefficiencies. Many of these individuals are drawn by the allure of rapid gains, particularly in a market known for dramatic fluctuations, but successful day trading requires thorough research, an understanding of risk, and more.

This guide will outline essential crypto day trading strategies, how to pick the right assets, and the steps traders should take to navigate a market filled with both promise and pitfalls.

What is Crypto Day Trading?

Crypto day trading is the act of buying and selling cryptocurrency assets within a single trading session to profit from short-term price fluctuations. Rather than holding positions for days or weeks, day traders seek to execute trades within hours or even minutes, depending on market conditions.

This form of trading stands out for its rapid pace; participants look for smaller, more frequent gains, closing all positions before the day ends to avoid potential overnight risk. Market volatility is both a friend and foe to day traders. While dramatic swings can create lucrative entry points and exit points, they also expose traders to heightened market risk.

On top of that, crypto day trading differs from standard stock trading in that the crypto market never closes, meaning day traders can operate in a 24-hour environment. This persistent availability can offer more opportunities, yet it demands disciplined time management and the capacity to stay informed around the clock.

Because day trading involves numerous trades with relatively small profit margins per position, transaction costs can quickly add up. Traders must therefore select reliable crypto exchanges with acceptable fees.

Coupled with technical analysis, real-time data tracking, and a solid risk management framework, day trading can become a structured approach to profiting from market trends in a highly dynamic cryptocurrency market.

Best Crypto Day Trading Strategies

Day traders in crypto markets employ a variety of tactics to spot price differences and capitalize on short-term volatility. Let’s dig into some of the most common crypto day trading strategies that, when coupled with robust risk management, can boost the odds of success.

1. Momentum Trading

This tends to be the most profitable strategy. Momentum traders seek to profit from strong price movements driven by news events or large buying volume. They quickly identify assets showing substantial upward or downward movement and jump in with the belief that the trend will continue. News-based trading can also power momentum plays, as unexpected announcements often cause swift market shifts. Traders must be vigilant about exit points, however, since momentum can fade abruptly, leading to rapid reversals.

2. Range Trading

In a range-bound market, traders observe when asset prices bounce between upper and lower levels, known as resistance and support. The strategy involves buying near support and selling near resistance, repeating this process as long as the price remains within the established band. Because cryptocurrencies often exhibit cyclical moves in a tight price range, range trading can be effective if the trader monitors volume and confirms minimal breakouts.

3. Swing Trading

Although swing trading typically extends beyond a day, a condensed variation can still be used for day trading setups. Traders aim to ride a short wave of market trends, before closing positions. They rely on technical indicators like moving average convergence divergence (MACD) or the relative strength index (RSI) to gauge momentum shifts. Profits hinge on identifying micro-trends within a day, distinguishing this from the more patient, multi-day approach of standard swing traders.

4. Scalping

Scalpers target small profits from frequent trades, focusing on assets with robust trading volume and tight bid-ask spreads. Because scalping relies on numerous, tiny gains, controlling transaction costs is crucial. The objective is to enter and exit positions within minutes or seconds, exploiting slight price fluctuations. Scalping demands intense focus, constant chart monitoring, and fast reaction times, making it one of the more fast-paced and high-frequency trading methods.

5. Arbitrage

Arbitrage takes advantage of price differences across different exchanges. A trader may buy a token on one platform where it’s undervalued and sell it on another for a slightly higher price. While this method can be relatively low-risk if executed instantly, market conditions can shift unexpectedly, eroding potential profits. High transaction costs or delays in transferring assets may also limit its viability for day traders.

6. Trading Bots

Some day traders lean on automated systems designed to scan the market for market inefficiencies. These bots can execute trades based on predefined rules, swiftly taking profits or stopping losses without emotional baggage. Nevertheless, traders must regularly review their bot’s performance and adjust parameters to match evolving market volatility. This approach can complement a trader’s fundamental or technical research but should not replace a well-defined trading plan with human oversight.

How to Choose a Crypto for Day Trading

Selecting the right crypto asset is a critical decision for day traders hoping to capitalize on short-term price fluctuations.

One primary factor is trading volume: higher-volume tokens are often more liquid and easier to buy and sell without significantly affecting the price. Look for coins consistently reporting billions of dollars in daily turnover, which can help ensure your orders execute at near-expected prices.

Another consideration is market capitalization, as large-cap coins like Bitcoin and Ethereum tend to be more stable than smaller-cap alternatives. However, mid- and low-cap assets sometimes exhibit higher volatility, which can be beneficial if you thrive on capturing big price swings. Weigh your personal risk tolerance against these varying market profiles.

Fundamental research is also important. Tokens associated with credible projects, strong developer activity, and a supportive community are more likely to maintain robust interest even during market dips. Examine a project’s roadmap, partnerships, and use cases to see whether it might sustain long-term growth, thereby offering repeated day trading opportunities. 

Make sure you keep tabs on how tokens perform on different exchanges and whether they maintain consistent price ranges. Some coins have sporadic trading on lesser-known platforms, leading to fragmented order books and large bid-ask spreads.

Finally, look for timely news catalysts that could influence price movements, such as major listings, protocol upgrades, or regulatory shifts. By combining these criteria—volume, market cap, fundamentals, and exchange accessibility—you can narrow down your shortlist of assets best suited for crypto day trading strategies.

Best Cryptocurrencies for Day Trading

Determining the “best” crypto for day trading depends partly on market trends, a trader’s style, and individual risk tolerance. Nevertheless, there are a handful of coins that stand out due to their liquidity, price volatility, and established user bases. Take a look.

1. Bitcoin (BTC)

As the largest cryptocurrency market by market cap, BTC often sees high trading volume and robust order books. This liquidity helps day traders quickly enter and exit positions, especially useful for strategies like scalping or range trading. Though BTC’s volatility is lower than smaller altcoins, it can still produce noteworthy intraday swings.

2. Ethereum (ETH)

ETH boasts a vibrant ecosystem of decentralized applications, leading to substantial daily volume. Its price movements are sometimes more dramatic than BTC’s, fitting day traders seeking moderate but frequent volatility. Because it powers many smart contracts, ETH remains at the center of developments in DeFi, NFTs, and beyond.

3. Binance Coin (BNB)

BNB’s ties to the Binance exchange and ecosystem frequently drive substantial trading interest. The coin’s utility includes fee discounts and participation in token sales, ensuring that both speculators and long-term holders see value in BNB’s price. This dual appeal can support tradable intraday surges.

4. Solana (SOL)

Known for its high-speed transactions and low fees, Solana has cultivated a strong user and developer community, sparking regular surges in volume. Although some consider it riskier than BTC or ETH, SOL’s volatility appeals to day traders looking for larger price swings.

5. Cardano (ADA)

While its swings may be more moderate, ADA’s standing among top altcoins ensures consistent liquidity. Like Ethereum, it has an evolving roadmap of smart contract capabilities, attracting day traders who track the chain’s progress.

Pros and Cons of Crypto Day Trading

Pros

  • Market volatility can boost small price movements multiple times a day
  • 24/7 trading offers around-the-clock opportunities
  • Quick trades may lead to fast returns for disciplined traders
  • Technical analysis skills can shine in an active environment

Cons

  • Rapid price collapses can wipe out gains in seconds
  • Frequent trades lead to accumulating transaction costs
  • Emotional reactions like FOMO can trigger impulsive trades, so there is a need to implement risk management techniques
  • Time-intensive monitoring and stress may outweigh the potential benefits

Things to Avoid When Day Trading Crypto

One common mistake is chasing every minor price fluctuation in hopes of quick gains. This approach often leads to overtrading, which racks up transaction costs and increases exposure to bad positions.

Another issue is ignoring a well-defined trading plan. Sticking to predetermined entry and exit rules can curb emotional decisions that derail your long-term objectives.

Impatient traders sometimes abandon thorough technical analysis, jumping into trades on weak signals or purely on hype. This can result in entering positions right before a correction, leading to significant losses. Lack of risk management is another oversight.

Setting proper stop-loss orders and allocating only a fraction of capital to each position prevents individual failures from decimating your entire account.

How to start day trading crypto

Getting into crypto trading, specifically day trading, can feel intimidating, but you can make it far more manageable with a logical progression. Follow these simple steps to begin day trading cryptocurrency:

First, start by researching the best exchanges for day trading, which are typically known for having good liquidity, user-friendly interfaces, and reliable customer support.

Next, think about your trading plan, and set daily or weekly profit goals, maximum permissible losses, and the number of trades that you are aiming to complete. This will help you determine if your approach is viable.

Finally, stay current on market trends by reading reputable crypto news outlets, community forums, or social channels. Pay attention to crucial indicators and adopt a routine of reviewing charts each day. Strong risk management and a calm mindset are vital.

Enter trades when your signals align, exit swiftly upon hitting predetermined targets, and protect positions with stop-loss orders.

Conclusion

Day trading crypto in 2025 provides a dynamic avenue for both experienced market participants and newcomers hunting for short-term gains. By combining crypto day trading strategies with disciplined risk management, you can capitalize on opportunities sparked by 24/7 volatility.

FAQs

Is crypto good for day trading?

Crypto’s high volatility and 24/7 market can be beneficial for day traders. Sudden price moves create opportunities but also raise the risk of rapid losses. With proper research, a reliable exchange, and careful discipline, crypto offers a fertile ground for day trading.

Is crypto day trading profitable?

Day trading crypto can be profitable, though success is never guaranteed. While some have earned even $1000 a day, many traders also saw significant losses. Regardless of which strategy used, you need to consistent gains often require strong technical analysis, disciplined risk management, and constant vigilance. As market conditions can shift quickly, maintaining flexibility and learning from mistakes is essential to remaining profitable.

How to successfully day trade crypto?

Successful crypto day trading involves selecting the right strategies (such as range trading or momentum plays), sticking to pre-set entry and exit points, and deploying stop-loss orders. Remain focused, avoid chasing the market, and refine your approach based on ongoing performance metrics.

Which crypto is best for day trading?

High-liquidity coins like Bitcoin, Ethereum, or Binance Coin generally suit day traders due to their robust trading volumes and relatively stable order books. Smaller altcoins can offer bigger price swings but often come with higher risks and inconsistent liquidity.

The post 6 Best Crypto Day Trading Strategies for Beginners appeared first on NFT Evening.

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Best Crypto Exchanges in the USA for March 2025 https://nftevening.com/best-crypto-exchange-in-usa/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-exchange-in-usa Fri, 17 Jan 2025 15:30:17 +0000 https://nftevening.com/?p=144880 Choosing the best crypto exchange in the USA can be challenging, especially with so many platforms competing for users. In 2025, the crypto world faces evolving regulations and growing institutional

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Choosing the best crypto exchange in the USA can be challenging, especially with so many platforms competing for users. In 2025, the crypto world faces evolving regulations and growing institutional involvement, making finding an exchange that balances security, compliance, and user experience increasingly crucial. Whether you are new to crypto trading or an experienced trader looking for advanced features, understanding each platform’s strengths will help you zero in on the perfect match.

In this important exploration, we’ll guide you through the details of each of the top crypto exchanges. We’re going to cover their fees and features, as well as look at how American crypto regulations shape the trading environment. By the end, you will have the insights needed to navigate the vast crypto marketplace confidently.

List of Best Cryptocurrency Exchanges in USA 

  1. Binance – Best Crypto Exchange for High Trading Volumes
  2. Gemini – Best for Strong Regulatory Compliance
  3. Crypto.com – Best Exchange for Comprehensive Ecosystem
  4. Kraken –Best Platform for Advanced Trading Tools
  5. Coinbase – Best Crypto Exchange for Beginners
  6. eToro – Best Platform for Social Trading Features
  7. Robinhood – Best Exchange for Zero-Commission Trades

Comparison of Best US Crypto Trading Platforms

Platform Trading Fees Coin Range Key Features
Binance Maker/taker starts at ~0.10% for spot trades, dropping with higher volumes; additional discounts if paying fees in BNB. Extensive for global users, somewhat reduced for Binance.US Known for large daily volume and advanced order types, though U.S.-specific regulations limit certain features compared to the international version
Gemini Basic trades can be ~1.49%. ActiveTrader tiers up to ~0.35% maker/taker Moderate; includes mainstream and mid-cap coins Emphasizes robust regulatory compliance and insurance. Offers both a simple interface and an advanced trading panel for experienced users
Crypto.com Begins near 0.40% maker/taker for smaller traders, discounted with CRO staking Wide selection including popular altcoins and DeFi tokens Multi-service ecosystem covering trading, staking, a Visa card, and various DeFi functions, all accessible via a convenient mobile app
Kraken Tiered maker-taker model from ~0.26% at lowest volumes, dropping with higher trading levels Large, including margin and futures markets Long-standing U.S.-based exchange with strong security credentials and optional advanced features such as margin trading and futures
Coinbase Simple purchases often reach ~1.49%. Advanced Trade uses a maker-taker model up to ~0.60% Medium range but well-researched tokens Publicly traded company known for ease of use, insured custody, and thorough regulatory compliance. Often chosen by first-time crypto buyers
eToro Zero “commission” marketing, though typically ~1% spreads baked into the buy/sell price Decent offering of major cryptos, fewer low-cap assets Social trading focus: users can replicate trades from top investors. Includes non-crypto assets like stocks and ETFs for a broader investing experience
Robinhood No direct trading commissions, but trades include a spread that can be less transparent Limited to a handful of major coins Aimed at casual users seeking quick, small purchases. Simple mobile interface, though advanced order types and altcoin selection are quite restricted

7 Best US Crypto Exchanges in 2025 – Detailed Review

1. Binance – Best Crypto Exchange for High Trading Volumes

Binance.US

Binance is a global leader among cryptocurrency exchanges, boasting high trading volumes and a vast selection of crypto assets. The U.S. variant, Binance.US, operates under separate regulations but still offers numerous trading pairs for American users.

One of Binance’s main attractions is its tiered fee structure, which rewards traders with reduced fees as they achieve higher trading volumes. This system appeals to experienced or high-frequency traders seeking a cost-efficient environment. The exchange integrates advanced charting tools, spot trading, and limited access to margin and futures for qualifying users. Binance’s platform supports a wide range of order types, including stop-limit and OCO, or, “one cancels the other”.

When it comes to security measures, Binance enforces two-factor authentication and stores a significant portion of user funds in offline cold storage. Though Binance has faced challenges around licensing in certain jurisdictions, it remains a popular choice for crypto traders who value low fees, a large coin selection, and active markets. By focusing on liquidity and competitive maker-taker fees, Binance offers a balanced platform for both casual users and seasoned investors interested in robust market depth.

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2. Gemini – Best for Strong Regulatory Compliance

Gemini

Founded by Cameron and Tyler Winklevoss, Gemini is recognized for stringent compliance with U.S. regulations and a commitment to robust security. It positions itself as a go-to choice for users who prioritize a trustworthy environment where user assets benefit from a blend of offline storage and insurance coverage. Gemini also implements strict identity verification steps, ensuring compliance with anti money laundering laws.

The exchange provides a straightforward interface suitable for new traders. However, it also caters to advanced needs through its ActiveTrader platform, which includes detailed charting, multiple order types, and competitive trading fees if you meet certain volume thresholds.

Gemini supports various payment methods, including wire transfers and linked bank accounts, making fiat onboarding simpler. The coin selection is not as expansive as some competitors but covers many mainstream and mid-cap tokens. Gemini Earn, a feature within the ecosystem, allows users to lend digital assets in exchange for interest payments, adding an extra incentive for those who wish to hold rather than trade frequently.

Fees may be on the higher side for low-volume trades, so frequent traders should evaluate how these costs compare to other platforms. Overall, Gemini appeals to those valuing regulation, security, and an institutional-grade experience over the widest array of altcoins.

3. Crypto.com – Best Exchange for Comprehensive Ecosystem

Crypto.com

Crypto.com aims to be an all-in-one portal for crypto enthusiasts by offering trading, earning, and spending services under a single umbrella. Its user-friendly mobile app provides straightforward fiat on-ramps for U.S. consumers and allows quick purchases of popular coins.

In addition to spot trading, the platform features credit and debit card integration, making it easy to deposit and withdraw funds. Users seeking more advanced features can access Crypto.com Exchange, which offers various order types and competitive fees tied to the platform’s native CRO token and Cronos network.

One notable advantage is the Crypto.com Visa Card, a prepaid card that rewards spending in digital assets, effectively bridging everyday purchases with crypto holdings. The exchange also includes a DeFi wallet for users interested in decentralized finance, letting them stake or farm tokens directly from the app.

Crypto.com’s fee structure can vary depending on trading volume and CRO token staked. High-volume traders or those with substantial CRO staked enjoy lower maker-taker fees. The brand’s substantial marketing campaigns, including sports sponsorships, highlight its desire to serve mainstream audiences, balancing ease of use with diverse crypto features.

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4. Kraken – Best Platform for Advanced Trading Tools

Kraken

Kraken, founded in 2011, is one of the oldest U.S.-based cryptocurrency exchanges. Over the years, it has built a reputation for strong security measures, such as offline cold storage and regular proof-of-reserve audits that demonstrate its ability to cover user deposits.

Thanks to a versatile interface, Kraken appeals to both novice and advanced traders. Beginners can use the simplified Kraken dashboard, while experienced traders can shift to Kraken Pro for advanced charting, margin trading, and futures contracts. It also supports a wide range of digital assets, from major coins to more niche tokens, giving users broad exposure to different segments of the crypto ecosystem.

Kraken enforces two-factor authentication to safeguard accounts and also encourages the use of a unique Master Key and Global Settings Lock to protect user configurations. This multi-layered security approach provides added confidence in safeguarding funds.

Kraken’s trading fees follow a tiered maker-taker model, where high-volume participants enjoy lower rates. The platform also distinguishes itself by offering spot trading pairs in several fiat currencies beyond USD.

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5. Coinbase – Best Crypto Exchange for Beginners

Coinbase

Coinbase is one of the most recognized names in the crypto space, famed for guiding millions of newcomers through their first Bitcoin purchase. Its flagship interface offers effortless usability, featuring clear prompts and a streamlined layout designed to minimize confusion. Users can link a bank account or credit card for quick and simple transactions.

On the other hand, traders seeking more dynamic order types can switch to Coinbase Advanced Trade, which unlocks limit, stop, and margin features in a separate interface.

Because Coinbase is a publicly traded company, it maintains a high level of transparency. The platform deploys offline storage for the bulk of user funds and insures some portion against cybersecurity breaches. Coinbase also takes pride in keeping a smaller set of approved tokens, each undergoing thorough legal and security vetting. This approach helps mitigate user confusion but may limit options for those interested in emerging altcoins.

Fees can be a drawback, particularly for smaller trades or credit card purchases. Nevertheless, the brand’s reputation for strong compliance and dependable functionality stands out in an environment where regulatory oversight intensifies yearly. Coinbase is well-suited for newcomers who value simplicity, an insured custody model, and the peace of mind that comes from working with a large, publicly accountable entity.

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6. eToro – Best Platform for Social Trading Features

eToro

eToro combines crypto trading with social features that let users mimic the moves of seasoned traders. This “copy trading” approach has proven popular among newcomers, who can observe top-ranked investor portfolios and replicate their strategies in real-time. eToro also offers a user-friendly dashboard for direct crypto purchases, employing a quick-swipe interface that feels familiar to those with prior experience in online stock trading.

The platform’s main focus historically revolved around conventional asset classes like stocks and ETFs, but it has broadened its offerings to include a decent selection of digital assets. While not as extensive as Binance’s roster, eToro’s crypto list covers well-known coins such as Bitcoin, Ethereum, and Cardano. Users can fund their accounts with USD via wire, ACH transfer, or credit card, although transaction fees vary by method.

eToro adheres to U.S. regulatory requirements by providing identity verification and ensuring compliance with relevant guidelines. The social trading element sets it apart, fostering community-driven insights that can shorten a beginner’s learning curve.

That said, the copy trading feature is not risk-free; novices can still face losses if the “expert” they follow encounters sudden market downturns. In sum, eToro excels in bridging standard trading methods with a collaborative crypto environment.

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7. Robinhood – Best Exchange for Zero-Commission Trades

Robinhood

Robinhood initially gained fame by offering zero-commission stock trades, a feature that extended to cryptocurrencies. This pricing model appeals to hobbyists who aim to make small, straightforward buys in major assets like Bitcoin or Ethereum without piling up fees.

The Robinhood mobile app focuses on simplicity, presenting a clean interface that conceals much of the complexity of crypto trading. Users can link a bank account for quick deposits and withdrawals, eliminating the need to manage separate wallets or complicated deposit addresses. Robinhood’s wallet functionality, once absent, has gradually improved, though it may still lag behind specialized exchanges in terms of advanced security measures or in-depth custodial options.

Robinhood does comply with U.S. regulations, requiring full know-your-customer verification before users can trade. While its user base appreciates the zero-commission structure, the spread on trades can be less transparent than a standard maker-taker fee schedule. When it comes down to it, Robinhood is convenient for casual buyers stepping into crypto for the first time, though power users often gravitate to more feature-rich platforms for serious trading endeavors.

How to Choose a Crypto Exchange for Americans

Finding the best crypto exchange in USA can feel overwhelming, but focusing on a few core factors will narrow down your options.

Payment Methods

Check whether a platform supports the payment method you prefer, such as bank transfers, debit or credit cards, and third-party services like PayPal. Some exchanges only accept wire transfers, while others provide instant ACH transactions. A convenient on-ramp should also include quick settlement times and minimal transaction fees, letting you move from USD to crypto and back again, without unnecessary friction.

Security

Look for robust security features like two-factor authentication (2FA), cold storage for user assets, and auditing or proof of reserves. Avoid platforms with a history of major security breaches.

Also, pay attention to whether the exchange provides insurance coverage for custodial wallets. Since you trust the exchange with your funds, strong security protocols are vital for protecting both accounts and crypto holdings.

Supported Cryptocurrencies

If you plan to trade a particular altcoin, ensure it is available on the platform. Some exchanges focus on mainstream options such as Bitcoin, Ethereum, and stablecoins, whereas others cater to a broader market including DeFi tokens or smaller-cap projects. Choose based on your crypto interests and trading goals.

Trading Fees

Fees vary widely across platforms. Maker-taker schedules often reward higher-volume traders with lower rates, while flat-fee structures may benefit casual users. Some exchanges offer discounts if you pay fees in their native token.

Always review deposit, withdrawal, and trading charges. Even if an exchange advertises zero commission, hidden spreads might still affect the final purchase price. Balancing low fees with reliable service is key to retaining more of your profits.

Regulatory Compliance

U.S.-based platforms must comply with federal and state regulations, including anti-money laundering and know-your-customer guidelines. This means you will undergo identity verification before starting to trade.

Check if the exchange holds relevant licenses, such as BitLicense in New York, to ensure it can operate in your jurisdiction. Choosing a compliant exchange helps protect you from potential legal issues and fosters a safer trading environment.

Ease of Use

An intuitive interface can be a deciding factor, especially for newcomers. See whether the platform offers a simple dashboard or advanced charting tools for more experienced traders. Review how quickly you can navigate order placements and track your balance. Exchanges with user-friendly apps often streamline notifications, price alerts, and deposit tracking, minimizing guesswork.

As your skills grow, you may want an exchange that also supports more sophisticated features, so aim for one that can accommodate your evolving needs.

Different Types of Crypto Exchanges in the USA

Centralized Exchanges (CEX)

Centralized exchanges are run by a company acting as a middleman between buyers and sellers. These platforms typically require users to create an account, complete identity verification, and keep funds in the exchange’s custody. CEXs often offer robust liquidity, quick execution, and user-friendly dashboards, making them popular among both beginners and experienced traders.

However, user funds are exposed to risks if the platform experiences security breaches or mismanages assets. Still, many major centralized exchanges hold licenses or registrations that adhere to U.S. regulations, providing reassurance that they operate legally and follow established compliance protocols.

Decentralized Exchanges (DEX)

Decentralized exchanges remove the need for a central authority to match orders or hold user funds. Instead, they rely on smart contracts that facilitate peer-to-peer trading. This structure gives you control over your private keys and reduces the likelihood of large-scale hacks, although transaction times and fees may depend on network congestion.

DEXs often enable trading in tokens that might not appear on centralized platforms, appealing to niche markets. DEX liquidity can also be less consistent, which can result in bigger spreads for certain low-volume tokens.

Futures Exchanges

Futures exchanges let users trade contracts that speculate on an asset’s future price rather than buying the asset outright. By using leverage, traders can amplify potential gains or losses, increasing both opportunity and risk. Popular futures platforms sometimes offer features like partial liquidation and cross-margin to manage sudden price movements. These exchanges typically require users to lock in a margin of stablecoins or other crypto for collateral.

Margin Trading Exchanges

Margin trading involves borrowing funds from the exchange to increase your buying power, allowing you to open larger positions than your original balance would permit. Many top centralized exchanges in the U.S. offer margin trading for select coins, subject to regulatory constraints and user eligibility. Interest rates apply to borrowed funds, so weigh potential profits against these costs.

Derivatives Exchanges

Derivatives exchanges expand beyond futures, offering products like options and perpetual swaps. With options, traders can buy or sell the right (but not the obligation) to trade specific amounts of cryptocurrency at set prices. Perpetual swaps function similarly to futures without an expiration date, relying on a funding rate mechanism. Yet high leverage and complex contract terms mean even small market fluctuations can result in significant losses.

How to Sign up for a Cryptocurrency Exchange Account  in the U.S.

  • Research and choose: Pick an exchange based on fees, security, available coins, and compliance with your state’s regulations.
  • Register: Visit the platform’s website or mobile app, then select the option to create an account.
  • Undergo identity verification: Provide personal details, upload documents, and wait for approval to meet KYC guidelines.
  • Secure your account: Enable two-factor authentication and use a strong password.
  • Connect a payment method: Link your bank account or card for deposits and withdrawals.
    Deposit funds: Transfer USD into your account.
  • Start trading: Explore the interface, place orders, and track your portfolio.

American Crypto Regulations

Regulations in the United States play a major role in shaping how crypto exchanges operate and how users buy, sell, and hold digital assets. Authorities like the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) oversee different segments of the market, each focusing on its own regulatory scope.

State-by-state rules also matter. For instance, New York’s BitLicense is a well-known example of strict oversight, requiring detailed disclosures and compliance measures for any company offering cryptocurrency services within the state’s borders. As a result, certain exchanges restrict or modify features for New York residents if they choose not to fulfill BitLicense prerequisites.

This year, lawmakers and regulators will be working toward clearer frameworks that differentiate between tokens considered securities and those viewed as commodities. The classification can dictate whether a project must register with the SEC or whether the CFTC oversees it as a commodity market.

Beyond licensing, there is also an emphasis on stablecoin regulation, given that many U.S.-based traders use stablecoins as a substitute for traditional fiat deposits. Proposed guidelines aim to require stablecoin issuers to hold reserves in high-quality, liquid assets, providing more confidence for consumers using stablecoins for trading or transfers.

Conclusion

Finding the best US crypto exchange comes down to matching personal needs with each platform’s strengths. Some prioritize minimal fees or advanced trading options, while others highlight top-notch security and regulatory compliance.

Always weigh the pros and cons, from fee structures to the range of supported assets and deposit options. By keeping an eye on evolving regulations and comparing the prominent players, you can pick a reputable exchange that supports your goals in the crypto market.

FAQs

What are the safest crypto exchanges for beginners?

An exchange with robust security protocol, simple interfaces, and strong compliance is often best for newcomers. Many recommend Coinbase or Gemini for their user-friendly platforms, offline cold storage, and solid regulatory backgrounds that help ensure safer, more reliable trading conditions.

Which Bitcoin wallet is the best in the USA?

Choosing the best Bitcoin wallets depends on what you’re looking for. For reliability, hardware wallets like Ledger or Trezor offer offline storage and better defense against cyber threats. However, many American users also use Coinbase Wallet or MetaMask for everyday convenience, balancing accessibility with decent built-in security features.

Which crypto exchange has no fees?

Robinhood famously charges zero direct trading commissions, though it incorporates a spread into buy and sell prices. eToro advertises commission-free crypto trades but similarly, structures spread into transaction costs. Always look at spreads or hidden fees, as true zero-fee trading is rare.

Can You Buy Bitcoin and Other Altcoins With USD Directly?

Yes, most U.S.-based exchanges let you deposit dollars through ACH transfers, debit cards, or wire transfers and then buy Bitcoin, Ethereum, and other altcoins instantly. Check which payment methods the exchange supports and any extra fees that might apply.

Which crypto exchanges support USD?

Almost every major U.S. platform supports USD deposits, including Binance.US, Coinbase, Gemini, Kraken, and others. Each one offers various payment channels like bank transfers, credit cards, or debit cards, although availability may vary by state or local regulations.

Do US crypto exchanges offer staking or earning opportunities?

Yes, many have staking or yield programs. Coinbase and Binance.US let users lock coins to earn rewards, while Crypto.com provides interest-bearing solutions. Availability depends on local rules, so some states may have limited access to these features.

Are there any crypto exchanges in the USA that support tax reporting?

Several, including Coinbase, Gemini, and Kraken, give downloadable transaction histories or direct integrations with tax software. These tools simplify generating capital gains or losses reports, easing the filing of accurate tax returns in line with U.S. regulations.

Can I use a crypto exchange in the USA without completing KYC verification?

U.S. law generally requires identity verification to comply with anti-money laundering standards. Some decentralized exchanges do not demand full KYC, but mainstream centralized platforms ask for personal details. Operating anonymously on big U.S. exchanges is usually not permitted.

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Top 10 Crypto Casino No Deposit Bonuses [2025] https://nftevening.com/crypto-casino-no-deposit-bonus/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-casino-no-deposit-bonus Fri, 17 Jan 2025 02:33:50 +0000 https://nftevening.com/?p=144461 If you’re looking for a fun and risk-free way to start your crypto casino journey, the best crypto casino no-deposit bonus is a great option. This bonus allows you to

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If you’re looking for a fun and risk-free way to start your crypto casino journey, the best crypto casino no-deposit bonus is a great option. This bonus allows you to play without putting any of your own money at risk. 

In this guide, we will explore the top crypto casinos offering no-deposit bonuses, how to claim them, and the benefits they bring to your gaming experience.

Bitcoin and Crypto No-Deposit Bonus Casino Platforms: Top Picks

  1. BC.Game: Best crypto casino with 9,000+ games and bonuses
  2. Stake: Top crypto sportsbook with a 200% first deposit bonus
  3. mBit Casino: Leading cryptocurrency casino with 8,000+ slots and bonuses
  4. Betpanda: Safest crypto casino with 50 free spins and VIP rewards
  5. Mega Dice: Popular Bitcoin casino with 200% bonus and 5,000+ games
  6. 7Bit Casino: Trusted crypto and Bitcoin casino offering 250 free spins and bonuses
  7. Vave: Modern cryptocurrency casino platform with a 150% bonus and fast payouts
  8. BitStarz: Best crypto casino site offering 20 free spins and a 5 BTC bonus
  9. 1xBit: Best Bitcoin casino site with 7 BTC bonus and 250 free spins
  10. Lucky Block: Top cryptocurrency casino with 4,000+ games and secure transactions

Best Bitcoin Casino No Deposit Bonuses Review

1. BC.Game

BC.Game

BC.Game is one of the best crypto casinos, offering a rich array of games combined with an incredibly user-friendly site. Launched in 2017, this casino has Curacao eGaming licenses; therefore, such a license can guarantee high user safety.

The casino also includes a vast library of over 9,000 games. Here, the selection includes slots, table games, and live dealer options. The casino collaborates with renowned software providers. These include Pragmatic Play and Evolution Gaming, to ensure high-quality gaming experiences.

BC.Game also has another interesting in-house game selection it calls “BC Originals”. Their games, which include Crash, Dice, and Plinko, are made using provably fair technology which ensures players can even verify the fairness of each specific game outcome. BC.Game does give a pretty good welcome package for newcomers. The First 4 Deposit Bonus offers a series of bonuses on the initial four deposits. Plus, BC.Game features a no-deposit bonus through its Lucky Spin wheel (50 free), where players can win bonus money with a top prize of 500 USDT.

The website supports over 100+ cryptocurrencies, which include Bitcoin, Ethereum, Dogecoin, and USDT, among many others. BC.Game also ensures to put an extra emphasis on safety and equity. The platform employs SSL encryption to protect user data and collaborates with third-party companies to test casino games. Plus, responsible gambling measures are in place, providing options for self-exclusion and links to support organizations.

Customer support for any issues is available 24/7 through live chat and email. The team is recognized for fast response and support in more than one language. This includes English, Spanish, Korean, and Hindi, aiming for a diverse customer base. It does not have a specific mobile application, but its website is completely mobile-friendly. The site also offers a smooth gaming experience on smartphones and tablets as it adjusts to different screen sizes and touch inputs.

  • Year Established: 2017
  • Licensed by: Curacao Gaming Control Board
  • Number of Games: 9,000+
  • VIP Club: Yes
Bonus Minimum Deposit Accepted Cryptocurrencies
360% Deposit Bonus up to $100,000 + No KYC & No Withdrawal Limits $10 BTC, ETH, DOGE, XRP, and 100+ more

2. Stake

Stake

Stake.com is another best crypto casinos with a no-deposit bonus and sportsbook that began in 2017. It operates under a license from Curaçao and has offices in Serbia, Australia, and Cyprus. The platform focuses on cryptocurrency transactions, allowing you to deposit, wager, and withdraw using digital currencies like Bitcoin and Ethereum. This approach offers quick transactions and enhanced privacy.

The casino section provides a wide range of games, including slots, blackjack, and roulette. Live dealer games are also available, offering an immersive experience with real-time interaction. The casino boasts an impressive selection of over 2,000 slot machines. In fact, the platform features nearly 2,400 games, giving you plenty of options to explore. Some of the top game providers contributing to this extensive library are Pragmatic Play, Belatra, and Play’n GO. These well-known developers ensure a high-quality gaming experience with a variety of themes and gameplay styles.

The sportsbook also covers various sports. Stake.com is known for its user-friendly interface, making navigation simple. The platform supports multiple languages, catering to a global audience. Customer support is available 24/7 through live chat and email, ensuring assistance is always at hand.

Security is a priority at Stake.com. The platform uses advanced encryption to protect your data and funds. Additionally, it promotes responsible gambling, providing tools to help you manage your gaming activities. The platform is verified by the Crypto Gambling Foundation, which highlights its commitment to fairness and security. Stake.com has also gained recognition as a sponsor of several Premier League football clubs, enhancing its reputation and visibility.

For new players, there are exciting no-deposit welcome bonuses to look forward to. You can get free spins and a 200% bonus on your first deposit, up to $1,000 in cryptocurrency. Plus, the platform offers an exclusive 10% rakeback, giving you even more value as you play.

  • Year Established: 2017
  • Licensed by: Curacao and laws of Costa Rica
  • Number of Games: 2,400+
  • VIP Club: Yes
Bonus Minimum Deposit Accepted Cryptocurrencies
Free spins + 200% welcome bonus up to $1,000 No minimum BTC, ETH, USDT, XRP, and 20+ more

3. mBit Casino

mBit Casino

mBit Casino is a leading online platform for cryptocurrency gaming. Established in 2014, it has become a top choice for players who prefer using digital currencies. The casino accepts Bitcoin, Ethereum, Litecoin, and other cryptocurrencies. The game selection at mBit Casino is impressive. With over 8,000 titles, you can enjoy a wide range of options, including slots, table games, and live dealer experiences. Top software providers like Betsoft, Play’n GO, and Amatic supply these games, ensuring high quality and variety.

Slots enthusiasts will find a vast array of choices, from classic fruit machines to modern video slots. Table game lovers can play different versions of blackjack, roulette, baccarat, and poker. The live dealer section offers real-time gaming with professional dealers.

mBit Casino is licensed by the government of Curacao, which adds a layer of trust for players. The platform uses advanced security measures, including 128-bit SSL encryption, to protect your personal and financial information. New players are welcomed with generous bonuses. The first deposit bonus matches 100% up to 1 BTC and includes 250 free spins. Subsequent deposits also receive bonuses, providing added value for your cryptocurrency.

Regular promotions and a rewarding loyalty program keep the excitement going for returning players. The VIP program offers exclusive benefits, such as higher withdrawal limits and personalized support. Also, Depositing and withdrawing funds is straightforward at mBit Casino. Transactions are processed quickly, often within minutes, thanks to the efficiency of cryptocurrency. 

Customer support is available 24/7 through live chat and email. The support team is known for being friendly and responsive. The website is designed for ease of use, with a clean layout that makes navigation simple. It’s also optimized for mobile devices.

  • Year Established: 2014
  • Licensed by: Curacao gaming license
  • Number of Games: 8,000+
  • VIP Club: Yes
Bonus Minimum Deposit Accepted Cryptocurrencies
100% up to 1 BTC and includes 250 free spins 30 USDT or crypto equivalent Ethereum, Bitcoin, Doge, and more

4. Betpanda

Betpanda

Betpanda.io is the best Bitcoin no-deposit bonus crypto casino that offers a variety of games and bonuses. It focuses on providing a safe and enjoyable gaming experience. Players can enjoy anonymity, quick transactions, and generous promotions. It has a wide range of games, including slots, table games, and live dealer options. This variety ensures that players can find games that suit their preferences.

New players receive a 100% welcome bonus on their first deposit, up to 1 Bitcoin casino bonus. This bonus allows players to double their initial deposit and explore the casino’s offerings. Additionally, Betpanda offers a weekly 10% cashback on losses, providing players with a safety net. Betpanda does not offer a traditional no-deposit bonus. However, players who join their Telegram channel can receive 50 free spins with no wagering requirements, provided they have made a previous deposit. This offer allows players to enjoy extra spins without additional deposits.

Betpanda rewards loyal players through its VIP program. As players wager, they earn XP points, which help them move through various VIP levels. Each level offers new perks, such as higher cashback rates, free spins, and personalized bonuses.

Betpanda allows players to maintain their privacy by not requiring personal details for registration. This feature appeals to those who value anonymity. The casino also supports Provably Fair technology, ensuring that game outcomes are transparent and fair. As a crypto casino, Betpanda accepts 10+ cryptocurrencies for deposits and withdrawals. This approach ensures quick transactions and lower fees. Players can also purchase Bitcoin directly through the casino’s platform if needed.

  • Year Established: 2023
  • Licensed by: Costa Rica laws
  • Number of Games: 5,000+
  • VIP Club: Yes
Bonus Minimum Deposit Accepted Cryptocurrencies
50 free spins + 100% welcome bonus up to 1 BTC + weekly 10% cashback on losses 0.1 uBTC, 0.1 USDT, 0.1 TRX ETH, USDT, BTC, XRP, LTC, and more

5. Mega Dice

Mega Dice

Mega Dice is a popular crypto casino known for its generous welcome bonus. The rewards for new players are quite enticing. When you sign up and make your first deposit, you can claim a 200% match bonus up to 1 BTC. On top of that, you’ll get 50 free spins for the popular slot game “Wanted Dead or a Wild” and a free €5 sports bet. To activate this offer, you need to deposit at least €20. The bonus is released in chunks of 10% as you wager six times your deposit amount, which works out to a 30x wagering requirement. Keep in mind, you have 14 days to meet these requirements.

Although a no-deposit bonus isn’t available, the welcome offer packs plenty of value for new users. Mega Dice also stands out for its massive collection of over 5,000 games. These include slots, live dealer games, and unique crash games. The titles come from trusted providers like NetEnt, Evolution, and Pragmatic Play, ensuring quality and variety for players.

Crypto users will appreciate the casino’s support for over 20 cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Transactions are fast, with most payouts processed within a few minutes and no extra fees, which makes it incredibly convenient. Mega Dice isn’t just about casino games. It also offers a robust sportsbook that covers a wide range of traditional sports and esports. This adds an extra layer of excitement, especially for players who enjoy betting on matches or tournaments.

The platform has a loyalty program with 11 levels, giving players opportunities to earn rewards like rakeback and bonuses for leveling up. There are also ongoing promotions, including reload bonuses and missions tied to specific games, to keep things fresh and exciting. 

But talking about the drawbacks, some players have mentioned that the wagering requirements can feel a bit complicated at first. Also, while the casino’s game library is extensive, the poker section isn’t as strong compared to other parts of the site. However, these are minor drawbacks when compared to everything else Mega Dice has to offer. Its sleek design, speedy payments, and broad selection of games make it a standout choice for crypto casino no-deposit bonus enthusiasts.

  • Year Established: 2020
  • Licensed by: Curaçao Gaming License
  • Number of Games: 5,000+
  • VIP Club: Yes
Bonus Minimum Deposit Accepted Cryptocurrencies
50 free spins + 200% welcome bonus up to 1 BTC 20 EUR BTC, SOL, ETH, USDT, USDC, etc.

6. 7Bit Casino

7Bit Casino

7Bit Casino is a popular no-deposit bonus Bitcoin casino, especially popular among cryptocurrency fans. Since its launch in 2014, it has earned a solid reputation by offering a vast selection of games and attractive bonuses. You can get 250 free spins. 

In addition to the no-deposit offer, 7Bit Casino has an appealing welcome package for new players. Your first deposit is matched 100%, up to 1.5 BTC or $100, and you also receive 100 free spins for a featured slot. But it doesn’t stop there. The second deposit gets a 50% match up to 1.25 BTC or $100. 

The third deposit also offers a 50% bonus, but up to 1.25 BTC or $200 this time. Lastly, the fourth deposit comes with a 100% match bonus up to 1 BTC or $100. This multi-step bonus structure is designed to keep your gaming experience exciting as you start.

The game library at 7Bit Casino is impressive, with over 5,000 titles to choose from. These games are powered by top developers like Microgaming, NetEnt, and Evolution Gaming, ensuring high quality and plenty of variety. Whether you’re into slots, table games, or live dealer experiences, there’s something here for everyone. Plus, the site is easy to navigate, making it simple to find your favorite games or discover something new.

As a crypto-friendly casino, 7Bit supports a range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. Transactions are secure, and payouts are processed quickly, often within minutes. The focus on fast and anonymous payments makes it an appealing option for players who value convenience and privacy. The platform is also licensed by the Curaçao Gaming Authority.

Regular players can benefit from the loyalty program, where you earn comp points as you play. These points can later be exchanged for bonuses. Weekly promotions like reload bonuses and free spins also keep things fresh and engaging. If you ever run into issues, 7Bit Casino has a 24/7 customer support team available via live chat and email. The platform works seamlessly across desktops and mobile devices, so you can enjoy gaming wherever you are.

  • Year Established: 2014
  • Licensed by: Curaçao Gaming License
  • Number of Games: 10,000+
  • VIP Club: Yes
Bonus Minimum Deposit Accepted Cryptocurrencies
250 free spins + welcome bonus of up to 5 BTC 30 USD or an equivalent sum in other fiat currency BTC, SOL, XRP, USDT, ETH, etc.

7. Vave

Vave

Vave is a modern online cryptocurrency casino and sportsbook that came onto the scene in 2022. It’s a crypto-focused platform owned by TechOptions Group B.V. and operates with a license from the Curacao Gaming Authority. The casino has become popular for its variety of games, fast transactions, and crypto-friendly features.

For new players, Vave offers an appealing welcome bonus. When you sign up, you get a 150% match on your first deposit, up to 1.5 BTC, plus 100 free spins. To qualify, you need to deposit at least 20 USDT. The bonus comes with a 40x wagering requirement, which has to be completed within five days.

If you’re looking for a no-deposit bonus, Vave has something for you too. New users receive 15 free spins for the “Wild Cash” slot game. Any winnings from these spins need to meet a 40x wagering requirement, and the maximum you can cash out is €/$50. To withdraw winnings, you must make at least a small deposit. Vave supports several cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Tether (USDT), which makes transactions quick, secure, and easy. This is a big plus for players who prefer the convenience of crypto.

The game library at Vave is impressive, offering more than 6,000 titles. Whether you’re into slots, table games, or live dealer options, there’s something for everyone. This variety ensures players won’t run out of choices anytime soon.

For sports fans, Vave’s sportsbook is well-rounded and covers a wide range of sports and events. First-time sports bettors can also take advantage of a welcome bonus: a 100% match on their first deposit, up to 1 BTC. Like the casino bonus, this offer requires a minimum deposit of 20 USDT and must be wagered within 30 days.

Loyal players at Vave are rewarded through a VIP program. As you climb the VIP ladder, you unlock exclusive benefits such as personalized promotions and a dedicated account manager. It’s a nice touch for those who play regularly. One standout feature of Vave is its clean, easy-to-use interface, making navigation smooth even for beginners. Plus, their 24/7 live chat support ensures you can get help whenever you need it.

That said, there are a few things to keep in mind. Vave is a crypto-only platform, so if you’re not familiar with cryptocurrencies, it might not be your first choice. Also, the 40x wagering requirement on bonuses can be challenging, especially for casual players.

  • Year Established: 2022
  • Licensed by: Curacao Gaming License
  • Number of Games: 6,000+
  • VIP Club: Yes
Bonus Minimum Deposit Accepted Cryptocurrencies
150% bonus, up to 1.5 BTC + 100 free spins 20 USDT BTC, BCH, DOGE, ETH, LTC, etc.

8. BitStarz

BitStarz

BitStarz is one of the most popular crypto casinos with a no-deposit bonus, especially among crypto enthusiasts. It’s well-known for offering a fantastic gaming experience and a range of bonuses that keep players coming back. One of the best perks for new players is the no-deposit bonus, which allows you to start playing without spending any of your money.

When you sign up at BitStarz, you get 20 free spins just for creating an account. No deposit is required to claim this. After signing up, verify your email by clicking on the link sent to your inbox. Once your account is verified, the 20 free spins are credited to your account, and you can use them for games like Alien Fruits, Beer Bonanza, and Gold Rush Frog. The free spins are valid for 24 hours, so don’t wait too long to try them out.

Any winnings from the no-deposit spins come with a 40x wagering requirement. This means you’ll need to wager the winnings 40 times before withdrawing. There’s also a maximum withdrawal limit of €100 (or equivalent in other currencies) for this bonus. To cash out your winnings, you’ll need to make at least a €20 deposit.

On top of the no-deposit bonus, BitStarz welcomes new players with an exciting deposit bonus package. You can get rewards on your first four deposits, totaling up to 5 BTC and 180 free spins. BitStarz is a haven for casino game lovers. It features a massive library with over 5,000 games, including slots, table games, and live dealer options. This variety ensures there’s something for every kind of player.

Another reason people love BitStarz is how easy it is to make transactions. The casino supports 150+ cryptocurrencies for deposits and withdrawals, making it incredibly convenient and quick for crypto users. If you ever run into trouble or have questions, BitStarz offers 24/7 customer support via live chat and email. The platform is also optimized for mobile, so you can enjoy your favorite games wherever you are.

  • Year Established: 2014
  • Licensed by: Curacao Gaming License
  • Number of Games: 5,000+
  • VIP Club: Yes
Bonus Minimum Deposit Accepted Cryptocurrencies
100% bonus up to 5 BTC + 180 free spins 0.0001 BTC BTC, ETH, USDT, and 150+ other coins

9. 1xbit

1xbit

1xBit is the best Bitcoin casino and sportsbook that has been around since 2016. It operates under the laws of the Autonomous Island of Anjouan, which ensures that it follows certain regulations to keep things fair for players. One of the main attractions of this platform is its focus on cryptocurrency. It supports over 20 different digital currencies, including Bitcoin, Ethereum, and Dogecoin. This makes it easy for players to deposit and withdraw funds while staying anonymous.

You can claim up to 7 BTC and 250 free spins across your first four deposits. Here’s how it works: for your first deposit, you get a 100% bonus of up to 1 BTC plus 70 free spins. On the second deposit, there’s a 50% bonus up to 1 BTC with 50 free spins. The third deposit brings another 100% bonus up to 2 BTC and 60 free spins. Finally, the fourth deposit offers a 50% bonus up to 3 BTC along with 70 free spins. To qualify, you need to deposit at least 1 mBTC, and the bonuses come with a 40x wagering requirement that must be met within 30 days.

Although 1xBit has occasionally offered no-deposit bonuses, like free spins just for signing up, these promotions aren’t always available. Right now, there isn’t an active no-deposit bonus, but the platform has other perks. For example, its VIP cashback program is a great way for regular players to earn back some of their losses.

The variety of games on 1xBit is another highlight. With more than 3,000 games, including slots, live dealer tables, and unique in-house titles, there’s something for everyone. On top of that, their sportsbook covers over 50 sports, with countless daily betting options on popular games like football, tennis, and even eSports.

Players often praise 1xBit for its smooth interface and fast payouts. Most withdrawals are processed within a couple of hours, which is quicker than many other platforms. However, some players find the wagering requirements for bonuses a bit steep, which can make it challenging to fully take advantage of the offers.

Also, It’s worth mentioning that 1xBit is linked to 1xBet, a company that has faced some controversies in the past. This connection has raised concerns about its reputation in certain circles, so it’s always a good idea to proceed with caution.

  • Year Established: 2016
  • Licensed by: Autonomous Island of Anjouan and Union of Comoros
  • Number of Games: 3,000+
  • VIP Club: Yes
Bonus Minimum Deposit Accepted Cryptocurrencies
7 BTC deposit bonus + 250 free spins 1 mBTC BTC, ETH, USDT, and 20+ other coins

10. Lucky Block

Lucky Block

Lucky Block is a modern cryptocurrency platform that combines gaming with blockchain technology. It provides a wide variety of games, including lotteries and casino-style options, aiming to offer a transparent and fair experience for its users. Everything is designed to feel seamless and easy to use.

The platform is built on the BNB Smart Chain and uses its own native token, LBLOCK, to power transactions. This setup makes operations fast and secure, which is a big plus for players looking for reliability and speed in their gaming experience.

One standout feature of Lucky Block is its massive game selection, which includes over 4,000 different options. Players can enjoy slots, table games, live casino experiences, and even interactive game shows. This variety ensures that there’s something for everyone, no matter what kind of game they’re into.

Another great thing about Lucky Block is its support for 10+ cryptocurrencies. Players can use their preferred digital coins for both deposits and withdrawals, adding a lot of flexibility to the platform. This makes it accessible to a broader range of users who might already be active in the crypto space.

Security and privacy are also major focuses for Lucky Block. It uses advanced encryption and other strong measures to protect user data, giving players peace of mind while they enjoy their favorite games. Knowing your information is safe allows you to focus on the fun without worrying about risks.

  • Year Established: 2022
  • Licensed by: Autonomous Island of Anjouan, Union of Comoros
  • Number of Games: 4,000+
  • VIP Club: Yes
Bonus Minimum Deposit Accepted Cryptocurrencies
25k EUR + 50 FS Welcome Bonus $2 or equivalent crypto BTC, ETH, USDT, and 10+ other coins

Compare the Top Crypto Casinos No Deposit Bonus

Casino Name Number of Games Bonus Free Spins Minimum Deposit Bitcoin Supported
BC.Game 9,000+ 360% Deposit Bonus up to $100,000 50 $10 Yes
Stake 2,400+ Free Spins + 200% Welcome Bonus up to $1,000 Yes (number varies) No minimum Yes
mBit Casino 8,000+ 100% up to 1 BTC + 250 Free Spins 250 30 USDT or crypto equivalent Yes
Betpanda 5,000+ 100% Welcome Bonus up to 1 BTC + weekly 10% cashback 50 0.1 uBTC, 0.1 USDT, 0.1 TRX Yes
Mega Dice 5,000+ 200% Welcome Bonus up to 1 BTC + 50 Free Spins 50 20 EUR Yes
7Bit Casino 10,000+ 100% up to 1.5 BTC + 100 Free Spins + 50% on second and third deposit 250 30 USD or equivalent Yes
Vave 6,000+ 150% up to 1.5 BTC 15 20 USDT Yes
BitStarz 5,000+ 100% Bonus up to 5 BTC 20 0.0001 BTC Yes
1xBit 3,000+ Up to 7 BTC Deposit Bonus + 250 Free Spins 250 1 mBTC Yes
Lucky Block 4,000+ 25k EUR + 50 Free Spins Welcome Bonus 50 $2 or equivalent crypto Yes

What is Crypto Casinos No Deposit Bonus?

A Crypto Casino No Deposit Bonus is a promotional offer from online casinos that accept cryptocurrencies like Bitcoin or Ethereum. This bonus allows you to play games without depositing your own money. It’s a way for casinos to attract new players by providing free credits or spins.

These bonuses often come in forms like free spins, free credits, or a small amount of cryptocurrency. For example, a casino might offer 20 free spins on a specific slot game or $10 worth of cryptocurrency as a bonus when you sign up. It’s a way for the casino to attract new players and give them a chance to experience the platform’s features.

How Does No Deposit Bonus Work?

A No Deposit Bonus works as a simple promotion offered by online casinos. When you sign up at a casino, the bonus is credited to your account either automatically or after entering a promo code. It allows you to play games without making any deposits, giving you a chance to win real money.

Here’s how it works:

  • Registration: Sign up at the casino by providing your details. The crypto casinos will require you to verify your email or phone number before activating the bonus.
  • Bonus Credit: Once registered, you will receive the bonus in your account. This could be free spins or a small amount of free credits.
  • Play Eligible Games: The bonus can usually only be used on specific games. For instance, free spins might apply to a particular slot game, or the bonus credits may only work on certain games.
  • Wagering Requirements: To withdraw any winnings from the bonus, you need to meet the wagering requirements. This means you must wager the bonus amount a specific number of times, such as 20x or 50x.
  • Withdrawal: After meeting the requirements, you can withdraw the winnings. Some casinos may also have limits on how much you can cash out from a no-deposit bonus.

Crypto Casino Bonus Types

Welcome Bonus

When you first join a crypto casino, you’re often greeted with a welcome bonus. This is essentially a thank you from the casino for choosing their platform. Typically, this bonus involves matching the amount you deposit with an equivalent or higher amount in cryptocurrency. 

For instance, if you deposit 1 BTC, they might give you an additional 1 BTC. However, it’s important to be aware of the conditions attached, such as wagering requirements, which dictate how many times you must bet the bonus amount before you can withdraw any winnings.

Free Spins Bonuses

Free spins are among the most popular types of bonuses offered by crypto casinos. As the name suggests, this bonus provides you with free turns on slot games, letting you play without spending any of your cryptocurrency. 

These spins are often tied to specific slot games and may be part of a larger promotion, such as a welcome package or seasonal event. While they can lead to real winnings, there are usually conditions attached, like wagering requirements, which you’ll need to fulfill before cashing out any rewards.

Cashback Offers

Cashback bonuses are designed to soften the blow of losses. With this type of bonus, the casino refunds a percentage of your net losses over a specific period, like a week or a month. 

For example, you might receive 10% or 20% back. This isn’t a full refund but helps mitigate your losses, encouraging you to keep playing with a bit more security.

Exclusive VIP Rewards

For the dedicated players, crypto casinos offer exclusive VIP rewards. To qualify, you typically need to demonstrate loyalty through regular play or substantial deposits. 

VIP benefits can include higher bonus percentages, cashback offers, personalized services like dedicated account managers, and faster withdrawal times. These rewards aim to make the most valued players feel appreciated and incentivized to continue their patronage.

No-Deposit Bonus

A no-deposit bonus is a way for casinos to attract new players by giving them a taste of what’s on offer without any initial investment. You might receive a small amount of cryptocurrency or a set number of free spins just for signing up. 

This bonus is great for trying out the casino, but remember, the winnings from no-deposit bonuses often come with very high wagering requirements to prevent immediate withdrawals.

Tournaments & Giveaways

Tournaments add a competitive edge to your casino experience, where you play against other players rather than just the house. These events can have significant prize pools, rewarding skill or luck in specific games. 

Giveaways, on the other hand, are more about random chance. You might automatically enter these by playing or reaching certain levels of play, with prizes ranging from additional cryptocurrency to physical items.

How to Choose a No-Deposit Crypto Casino?

Bonuses and VIP programs

The first thing to look for in a no-deposit crypto casino is bonuses. No-deposit bonuses refer to free money or spins given to new players without the need for an initial deposit. This provides the player with the opportunity to try games without risking his bankroll. An excellent casino should provide the best bonuses and terms.

Also, VIP programs are a necessity for those looking for some long-term rewards. These programs are where your loyalty is rewarded with perks such as cashback, bonuses, and personal account managers. And, most of these VIP programs have several tiers; the benefits become progressive as one moves through the levels.

Supported cryptocurrencies

Another factor to consider is the variety of cryptocurrencies accepted by the casino. Most crypto casinos accept the most widely used cryptocurrencies only, such as Bitcoin and Ethereum, but some also support other cryptocurrencies, like Litecoin, Ripple, and Dogecoin.

The large number of supported cryptocurrencies creates flexibility and comfort, enabling a user to adopt their preferred type of transaction method. This diversity also helps manage your funds better and take advantage of the unique features offered by different cryptocurrencies. Therefore, make sure the casino will support the cryptocurrencies you want.

Quick deposits and withdrawals

Be sure that the casino you pick allows for fast deposits and withdrawals. Instant transactions will allow you to start playing immediately, while fast withdrawals ensure you receive your winnings soon enough.

Hence, look for casinos that can process transactions within minutes or hours, rather than days. Also, it’s helpful to check if the casino has some transaction fees or minimum/maximum limits for deposits and withdrawals.

Security and licensing

Security and licensing are very basic in a trusted gaming environment. For a crypto casino to be creditworthy, it should be licensed by a known authority. This may be the Malta Gaming Authority or the UK Gambling Commission. This ensures that the casino adheres to strict regulations and ensures fair play.

Also, your personal and financial data must be protected with the usage of SSL encryption from various dangers. Besides, check for the licensing of the casino to ensure that the experience will be totally secure. Use cryptos for online betting as they offer anonymity in action.

Privacy

For most players, anonymity is what makes them use cryptos while playing online. Generally, the crypto casino does not need much personal information. However, keeping one’s identity private matters a lot.

Look for casinos that respect user privacy and have a strong privacy policy. Some casinos also offer anonymous gaming options where you can play without revealing personal details.

Mobile Compatibility

Today, mobile compatibility is the need of the hour. The best crypto casinos offer mobile-friendly platforms enabling you to play your favorite games on the go.

The mobile app or a responsive website of the casino should, at all costs, be fully functional on any smartphone or tablet. It means seamless gaming at home or while traveling. The mobile experience, in all features and functionalities of navigation and page loading speed, has to be identical to the desktop version.

Types of games and game providers

The types of games that the casino offers will greatly determine your gaming experience. The best crypto casinos offer a wide variety of games, including slots, table games, live dealer games, and specialty games like bingo and keno.

This game quality depends on the providers your casino partners with. Some known good providers of games include NetEnt, Microgaming, Playtech, and Evolution Gaming. These games are of very high quality because of their nice graphics, fascinating gameplay, and fair gaming procedures. A great variety of games ensures you play something new all the time.

Customer support

Reliable customer support is one of the things for smooth gaming to be enjoyed. A great no-deposit crypto casino should offer 24/7 support through different routes, such as live chat, email, and phone. Prompt and helpful responses to queries and issues can enhance your experience and ensure any problems are resolved quickly.

A good FAQ section or help center can answer many common questions. A trustworthy and player-friendly casino is also indicated by good customer support.

Ease of use and user experience

Look for casinos with intuitive navigation, clear instructions, and easy-to-use features. A well-designed website or app makes it easy to find games, manage your account, and access promotions and bonuses.

A proper user experience guarantees that you’ll focus on the gameplay without any hassle. Some developers also design in-game guides to help newcomers have a swift entry into their newly discovered world of games.

Reviews and Reputation

Reading reviews and checking the reputation of the casino is a crucial step before signing up. Online reviews from other players can provide valuable insights into the casino’s reliability, game selection, customer support, and overall experience. 

Always find casinos that are well-known with good feedback within the online gaming community. Known casinos have the best chances of delivering a secure, fair, and entertaining environment for gambling. It would also be wise to check whether a casino has some industry awards or recognition; it is always an indicator of a high quality of reliability.

Wagering requirements

Wagering requirements are conditions you need to fulfill in order to withdraw the winnings from your no-deposit bonus. Requirements may vary significantly from one casino to another, and it is thus essential to go through the terms and conditions with care. 

“Lower wagering requirements are good for players as they make it easier to turn your bonus funds into real money.”

Seek a casino with reasonable and achievable wagering requirements. Avoid casinos that have too many or complicated restrictions.

Geographical restrictions

It will also be significant to check about geographical restrictions as some crypto casinos could refrain players from particular locations or regions with legal or even regulatory issues in those regions.

Make sure the casino operates in your country and adheres to the state laws to ensure no problem with account opening and deposit or withdrawing.

Bitcoin Casino No Deposit Bonus T&C

Here are some general terms and conditions (T&C) you might find with a Bitcoin casino no deposit bonus:

  • Wagering Requirements: You need to wager the bonus amount a specific number of times (e.g., 30x) before you can withdraw any winnings.
  • Eligible Games: The bonus may only be used on certain games, like specific slots or table games, and not all games will contribute equally to meeting wagering requirements.
  • Maximum Withdrawal Limits: There may be a limit on how much you can cash out from your winnings earned through the bonus, such as $100 or its Bitcoin equivalent.
  • Time Limits: The bonus and any winnings are often subject to expiration. For example, you might need to meet the requirements within 7 days of claiming the bonus.
  • Account Verification: Most casinos require you to verify your identity (e.g., through email or ID verification) before allowing you to withdraw any winnings.
  • One Bonus Per Person: Casinos typically allow only one no-deposit bonus per player, household, or IP address to prevent misuse.

How to Claim a Casino No Deposit Bonus?

Here’s a simple guide on how to claim a casino no-deposit bonus. It’s easy to follow, and you’ll understand how to enjoy these free bonuses quickly.

  1. Choose a Casino with a No Deposit Bonus: First, find an online casino that offers a no-deposit bonus. Make sure the casino is safe, accepts your region, and supports cryptocurrencies if that’s what you want to use.
  2. Sign Up for an Account: Once you choose a no deposit bonus casino, you need to create an account. Go to their website and click the “Sign Up” or “Register” button. Enter your details like name, email, and age. The casinos will also ask for verification through email or a phone number.
  3. Use a Bonus Code (If Required): Some crypto casinos will give you a special code to activate the no-deposit bonus. Check the promotion details to see if a code is needed. If it is, type it in the required field during sign-up or in the promotions section.
  4. Claim Your Bonus: After signing up, the bonus will usually be added to your account automatically. If not, you might need to go to the promotions section of the casino and click “Claim Bonus” or something similar.
  5. Read the Bonus Terms: Before you start using your no-deposit bonus, read the terms and conditions carefully. These will tell you important rules, like which games you can play, how many times you need to wager winnings, and the maximum amount you can withdraw.
  6. Play Eligible Games: You can now use the bonus to play games. These could be free spins on slot machines or bonus credits for other casino games. Remember, the bonus may only work on certain games.
  7. Meet Wagering Requirements: If you win money using the bonus, you’ll probably need to meet wagering requirements before you can withdraw. This means playing the bonus amount a set number of times. For example, if the requirement is 20x, you’ll need to bet 20 times the bonus amount.
  8. Withdraw Your Winnings: After completing all the requirements, go to the withdrawal section of the casino. Choose a payment method, like cryptocurrency or bank transfer, and request your winnings. Make sure you’ve met all conditions to avoid any issues.

Is it Legal to Own a Cryptocurrency Casino?

Owning a cryptocurrency casino can be legal, depending on the country and its rules about online gambling and the use of cryptocurrencies. The rules in different countries are different, so you have to follow them to have a legal casino.

Some countries fully support online gambling, even allowing their casinos to use cryptocurrencies like Bitcoin or Ethereum. Also, countries that embrace cryptocurrencies usually have a licensing authority issuing permits for casinos. So, to possess a legal crypto casino in any country, one would need a gambling license while observing certain guidelines such as a game being conducted fairly and user information being properly safeguarded.

In other countries, online gambling might be illegal or heavily restricted. Even if cryptocurrencies are legal there, owning or operating a crypto casino would not be allowed. Some governments also consider crypto transactions risky because they are harder to regulate, which might lead to stricter rules for crypto casinos.

There are also “gray areas” where laws do not clearly outline whether cryptocurrencies or online gambling is illegal. These places can be dangerous to run a cryptocurrency casino. Without specific rules, you might be exposed to legal repercussions in the future, even though you believe you are following the law.

Conclusion

In conclusion, the search for the best crypto casino with a no-deposit bonus can be considered an attractive start for any gambling career without initial investments. Top-tier crypto casinos, such as BC.Game, Stake, and mBit Casino, often offer large no-deposit bonuses, free spins, and enormous gaming portfolios.

These bonuses give excellent opportunities to explore and win without risking your own funds. Moreover, there is a great selection of supported cryptocurrencies, and the player gets more freedom to choose their preferred coins. Also, do not forget to read the terms and conditions because the no-deposit bonus may differ in requirements in every crypto casino.

FAQs

What are the pros and cons of no deposit bonus?

No-deposit bonuses are great for trying casino games without risking your money. The main advantage is that you can win real money while testing games. These bonuses are ideal for new players who want to explore a casino without making a deposit.

However, there are some downsides. Many casinos attach wagering requirements, which means you need to bet a certain amount before withdrawing your winnings. There may also be withdrawal limits, restricting how much money you can take out. Some bonuses are game-specific, so your choices may be limited.

Do I need a promo code to activate a Bitcoin casino no deposit bonus?

Sometimes, you need a promo code to claim a Bitcoin casino no-deposit bonus. Casinos often display these codes on their promotions page or send them through emails. When signing up, you may need to enter the code in a specific field.

However, not all casinos require a promo code. Some automatically credit the bonus to your account after registration. To avoid missing out, check the bonus details on the casino website. If you’re unsure, contact customer support for help.

Can I keep winnings obtained from a crypto casino with no deposit bonus?

Yes, you can keep your winnings from a no-deposit bonus at a crypto casino, but there are conditions. Most casinos require you to meet wagering requirements before withdrawing your winnings. This means you need to bet the bonus amount multiple times.

For example, if you win $10 and the wagering requirement is 20x, you must bet $200 before withdrawal. There might also be a cap on how much you can withdraw, so check the terms carefully.

Reputable crypto casinos clearly state these rules in their bonus terms and conditions. Following the requirements lets you enjoy your winnings without issues.

What crypto casino has the best no-deposit welcome bonus?

BC.Game and Stake are the best crypto casino no-deposit bonus platforms. BC.Game offers a generous no-deposit bonus that allows new players to jump right into the fun with 50 free spins or bonus credits, giving you a chance to explore the site before committing any of your own funds. 

Similarly, Stake offers a solid no-deposit bonus to help you get started on the platform without having to make an initial deposit. Both casinos accept a variety of cryptocurrencies, making them convenient and accessible for crypto users. With their appealing bonuses and extensive game selection, BC.Game and Stake are solid picks for any crypto casino player.

How do I withdraw my Bitcoin bonus?

To withdraw your Bitcoin bonus, first complete all wagering requirements. Then, go to the withdrawal section of the casino’s website. Select Bitcoin as your withdrawal option and enter the amount you want to withdraw.

Next, provide your Bitcoin wallet address and confirm the transaction. Some casinos might ask for identity verification before processing the withdrawal. This could include providing ID documents or proof of address.

Bitcoin withdrawals are usually fast, but processing times vary by casino. Always check the terms for any withdrawal fees or minimum limits. Ensuring your account is fully verified will speed up the process.

What casino games pay real money with no deposit-free play?

Many casinos offer no deposit-free play bonuses for popular games. Slot games are the most common since they are easy to play and attract many players. These bonuses may also be available for table games like blackjack or roulette, depending on the casino.

Some casinos allow you to try other games, such as video poker or scratch cards, with these bonuses. The game options vary, so check the casino’s bonus terms to see which games qualify.

Where to find the Bitcoin casinos that offer no deposit bonuses?

To find Bitcoin casinos with no-deposit bonuses, search online for trusted casino review websites. You can also select from our above list. These sites list top casinos and highlight their promotions, including no-deposit offers. Look for casinos with licenses and good player reviews.

You can also visit cryptocurrency forums where players share recommendations. Social media groups and online communities are other great sources of information. Many casinos advertise their no-deposit bonuses directly on their websites.

The post Top 10 Crypto Casino No Deposit Bonuses [2025] appeared first on NFT Evening.

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8 Best Altcoin Exchanges and Trading Platforms in 2025 https://nftevening.com/best-altcoin-exchanges/?utm_source=rss&utm_medium=rss&utm_campaign=best-altcoin-exchanges Thu, 09 Jan 2025 04:48:54 +0000 https://nftevening.com/?p=144583 The altcoin market cap is $1.89 trillion, which is not much less than Bitcoin’s $2.11 trillion. Altcoins are divided into various categories like AI tokens, DeFi coins, Real-World Assets (RWAs),

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The altcoin market cap is $1.89 trillion, which is not much less than Bitcoin’s $2.11 trillion. Altcoins are divided into various categories like AI tokens, DeFi coins, Real-World Assets (RWAs), smart contracts, stablecoins, and more. If you’re looking to invest in these growing sectors, you need one of the best altcoin exchanges.

An altcoin exchange is a platform where you can trade or buy alternative cryptocurrencies beyond Bitcoin. In this guide, we will review the 8 best altcoin exchanges to trade and buy a variety of altcoins in 2025.

Best Exchanges to Trade Altcoins: Our Top Picks

  1. Binance: Overall best Altcoin exchange
  2. Bybit: Best for Altcoin derivatives trading
  3. OKX: Best for margin trading
  4. MEXC: Best for buying Altcoins with low fees
  5. Bitget: Best for Altcoin copy trading
  6. KuCoin: Best for beginners
  7. Coinbase: Best Altcoin exchange in the U.S.
  8. Uniswap: Best decentralized exchange for Altcoins

8 Best Altcoin Exchanges Reviewed

1. Binance: Overall best Altcoin exchange

Binance

Binance is overall the best altcoin exchange, offering 350+ popular altcoins, low fees, and a range of trading options. Founded in 2017 by Changpeng Zhao, it has quickly become one of the largest crypto exchanges globally by trading and liquidity. 

When it comes to fees, Binance is known for being cost-effective. The platform charges a standard trading fee of 0.1% per transaction. If you opt to pay fees using Binance’s own token, BNB, you can enjoy a 25% discount, bringing the fee down to 0.075%.

Binance offers various trading options such as spot trading for instant buying and selling, margin trading, 125x perpetual futures contracts, and zero fees altcoin-to-altcoin conversion. Plus, Binance has also developed its own blockchain, known as BNB Smart Chain. This technology is recognized for its speed and low transaction costs.

Founded Supported Altcoins Trading Fees Fiat Payments
2017 350+ 0.1% maker/taker Bank transfers, card channels, or e-wallets

Pros

  • Access to over 350 altcoins for trading
  • A standard trading fee of 0.1%, with a 25% discount when using BNB
  • Offers spot, margin, and futures trading
  • Large trading volumes ensure ease of transaction execution
  • Beginner-friendly interface and mobile app

Cons

  • Faces legal issues in multiple countries
  • U.S. residents have access to a restricted version, Binance.US, with fewer features
binance-logo-2

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2. Bybit: Best for Altcoin derivatives trading

Bybit

Bybit is one the best altcoin derivatives exchange. Right now, Bybit supports over 1,620 altcoins. The fees on Bybit are also quite competitive. For spot trading, you’ll pay 0.1% for both maker and taker fees. If you’re more into derivatives trading, the fees drop to 0.02% for makers and 0.055% for takers. That’s cheaper than what a lot of other exchanges charge, making Bybit a pretty cost-effective option.

Bybit offers plenty of options like spot trading, futures, and even copy trading. If you’re new to crypto, copy trading lets you follow and mimic the strategies of successful traders, which can be a big plus. For the more experienced crowd, Bybit’s advanced tools—like limit orders and its smooth trading interface – help you execute trades exactly how you want. They even have an Earn feature where you can stake or invest your crypto to make passive income.

Bybit does have some downsides. If you’re in the United States, for example, you can’t use Bybit due to regulatory restrictions. And while their fees are competitive for trading, withdrawal fees for some coins can feel a bit high.

Founded Supported Altcoins Trading Fees Fiat Payments
2018 1620+ 0.1% maker/taker Bank cards, SEPA, iDEAL, FPS, and more

Pros

  • Over 1,620 altcoins to trade
  • Low trading fees, 0.1% for spot, as low as 0.02% for derivatives
  • Advanced tools for pros and simple options for beginners (like copy trading)
  • Strong security features including 2FA and cold storage

Cons

  • Not available in the U.S. and a few other regions
  • The network withdrawal fee is high compared to Binance
bybit-logo-white

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3. OKX: Best for margin trading

OKX

OKX is one of the top cryptocurrency exchanges you can use to trade altcoins. It was launched in 2017 and has quickly become popular among traders. The platform supports over 350 different cryptocurrencies, which gives you plenty of options to trade. So, if you’re looking for well-known altcoins or hidden gems, OKX likely has what you need.

You can do spot trading, margin trading, and even futures trading. They also have tools like stop-loss and limit orders to help you manage your trades better. These tools can be handy, especially if you want to reduce risks and lock in profits.

When it comes to fees, OKX keeps things competitive. The basic maker fee starts at 0.08%, and the taker fee begins at 0.1%. However, the platform uses a tiered structure where your fees can get lower as you trade more. If you’re a casual trader, you might not feel much difference, but for high-volume traders, these reductions can save a lot.

The platform is also easy to use once you get the hang of it, but it can seem complex at first, especially if you’re new to crypto trading. That said, OKX offers helpful tutorials and market analysis, which makes learning a bit easier.

Founded Supported Altcoins Trading Fees Fiat Payments
2017 350+ 0.08% maker and 0.1%taker Bank transfers, Visa and Mastercard debit cards, and e-wallets

Pros

  • It supports 350+ cryptocurrencies
  • Offers spot, margin, and futures tradings
  • Competitive fees that get lower with high trading volumes
  • Strong security features like 2FA and biometric scanning
  • Tutorials and analysis to help you improve your trading skills

Cons

  • It doesn’t let you directly withdraw crypto into fiat (like your bank)
  • Customer support could be better in terms of speed and quality
OKX Review 2024: Trading Features, Fees, and Security

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4. MEXC: Best for buying Altcoins with low fees

MEXC

MEXC is another popular exchange for altcoins. It supports a vast number of altcoins, with over 2,900 cryptocurrencies available on the platform. One of MEXC’s standout features is its no-KYC trading option. You can start trading altcoins without submitting personal details, and you can withdraw up to 10 BTC without completing KYC. This is perfect if you value privacy while trading.

When it comes to fees, MEXC is among the lowest fee exchanges. For perpetual contracts, you pay 0% maker fees and only 0.02% taker fees. This low fee structure helps you save money, especially if you trade often. On spot trading, MEXC also offers low fees of 0.05% maker/taker compared to other exchanges.

MEXC has a variety of options for trading altcoins. You can trade spot, futures, and perpetual contracts with leverage. For futures trading, MEXC allows up to 200x leverage. MEXC also has deep liquidity for altcoins, which means you can easily buy or sell large volumes without price slippage. The platform also hosts trading competitions and promotions, where you can win rewards and bonuses.

Founded Supported Altcoins Trading Fees Fiat Payments
2017 2900+ 0.05% maker/taker Credit cards and third-party like Banxa, Moonpay, and Mercuryo

Pros

  • Supports 2,900+ altcoins for trading
  • No-KYC trading with withdrawals of up to 10 BTC
  • 0% maker fees and 0.02% taker fees for perpetual contracts
  • Up to 200x leverage for futures trading
  • User-friendly platform with a mobile app

Cons

  • Not suitable for those who prefer fully regulated exchanges
  • No fiat-to-crypto support for beginners
MEXC_square_logo-removebg-preview

MEXC Referral Code

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5. Bitget: Best for Altcoin copy trading

Bitget

Bitget is one of the leading altcoin exchanges out there, especially for copy traders. If you’re someone who likes exploring different altcoins, Bitget might be exactly what you’re looking for. Launched in 2018, the platform has grown rapidly, offering over 1240 cryptocurrencies to trade.

Bitget also offers the best copy trading portal. It allows you to copy the strategies of experienced traders in real-time. It’s a great feature if you’re new to crypto or simply want to save time. You can pick skilled traders, follow their moves, and hopefully see your portfolio grow alongside theirs.

Spot trading fees are just 0.1% for makers and takers. If you use BGB, their native token, you get a 20% trading fee discount, bringing the fee down to 0.08%. Futures trading is even more competitive with fees of 0.02% for makers and 0.06% for takers. Depositing crypto is also free.

Besides spot trading, there’s margin trading with up to 10x leverage and futures trading that goes all the way up to 125x leverage. It also supports P2P (peer-to-peer) trading, where you can buy and sell crypto using over 140 fiat currencies.

Founded Supported Altcoins Trading Fees Fiat Payments
2018 1240+ 0.1% maker/taker Visa and Mastercard, UPI, bank account, and more

Pros

  • Supports 1240+ cryptocurrencies for altcoin trading
  • Copy trading lets you follow professional traders easily
  • Competitive trading fees – only 0.1% for spot trading
  • High leverage options, up to 10x for margin and 125x for futures
  • Strong security with a $400 million Protection Fund

Cons

  • Not available in the U.S. and some other regions
  • Some might find the exchange’s regulatory status concerning
bitget-token-new-bgb-logo

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6. KuCoin: Best for beginners

KuCoin

KuCoin is one of the best sites to trade altcoins, especially for beginners due to its easy-to-use interface. Launched in 2017, this exchange has quickly become popular for its huge selection of altcoins. In fact, you’ll find more than 700 different cryptocurrencies here.

It also has some best features like trading bots. These bots help you automate your trading strategy so you don’t have to stare at the screen all day. If you want to earn passive income, KuCoin allows you to stake your altcoins or lend them out to earn rewards. KuCoin has one of the lowest trading fees in the market. For spot trading, both buyers and sellers pay just 0.1%. If you hold KuCoin’s token, KCS, you get extra discounts on fees, which is a great bonus.

KuCoin protects your account with two-factor authentication and anti-phishing features. Still, some users have reported slow customer support during issues like withdrawals. So, you might need a little patience if things don’t go smoothly.

Founded Supported Altcoins Trading Fees Fiat Payments
2017 700+ 0.1% maker/taker Bank Card, PayPal, Advcash, UPI, and more

Pros

  • Over 700 cryptocurrencies available for trading
  • Low trading fees – starting at 0.1%
  • Discounts if you hold KuCoin’s KCS token
  • Advanced tools like trading bots and futures
  • Extra features like staking and lending for passive income

Cons

  • Not available and licensed in the U.S.
  • Hacking issues have been reported in 2020
Kucoin logo

KuCoin Referral Code

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7. Coinbase: Best Altcoin exchange in the U.S.

Coinbase

Coinbase is one of the most popular altcoin exchanges, especially for those in the U.S. What makes it so appealing is how easy it is to use. Seriously, the interface feels almost too simple, which is great if you don’t want to spend hours figuring things out. But beyond that, Coinbase packs a lot of features, making it a solid place for trading altcoins.

Let’s talk about the variety of altcoins available. You’ll find some of the most well-known ones here, like Ethereum (ETH), Solana (SOL), Litecoin (LTC), and many others. Coinbase continues to add new altcoins regularly, which means more options for you to diversify your portfolio.

Fees are something you’ll need to keep in mind, though. Coinbase uses a maker-taker fee model. For smaller trades, the fees can be a bit high. As a maker, you’ll pay between 0.00% to 0.40%, and as a taker, it goes up to 0.60%. Coinbase also offers advanced features through Coinbase Advanced Trade. It’s a great option for people who need detailed charts and real-time data to make trading decisions. But if you’re looking for extra perks, you can subscribe to Coinbase One. This subscription costs $29.99 a month and offers zero trading fees (up to a limit) and priority customer support.

Founded Supported Altcoins Trading Fees Fiat Payments
2012 200+ 0.4% maker and 0.6% taker ACH, Wire Transfer, Debit Card, SEPA, etc.

Pros

  • It’s beginner-friendly, easy, and simple to use
  • Trade 200+ popular altcoins, with new ones added often
  • U.S. licensed and fully regulated under FinCEN
  • Zero fees and priority support with Coinbase One

Cons

  • High fees, can get expensive if you’re trading low volumes
  • Strict compliance sometimes means longer verification and account freeze issues
  • Issues regarding slow and disrespectful customer support team
coinbase

User Score

9.8

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8. Uniswap: Best decentralized exchange for Altcoins

Uniswap

Uniswap is considered the best decentralized crypto exchange (DEX) where you can trade a huge variety of altcoins without relying on a central authority. If you’re into tokens on Ethereum or other EVM-compatible chains, this platform is a go-to option. Why? It supports over 11 blockchains, and you can swap millions of tokens easily. Plus, there’s no need for KYC – just connect your wallet, and you’re good to go. This makes it a favorite for traders who value privacy and freedom.

Uniswap runs on a tiered fee system, offering options of 0.05%, 0.3%, or 1% per trade, depending on the pool you use. These fees go to liquidity providers who keep the markets running. The trade-off, however, is gas fees. Since it operates on Ethereum and other EVM-compatible chains, network congestion can make transactions expensive, especially during high activity.

The platform is incredibly simple to use. Swapping tokens, exploring liquidity pools, or just experimenting with DeFi for the first time, Uniswap’s clean and easy interface will feel intuitive. Also, you don’t deposit funds into the platform; you trade directly from your wallet, which is great for self-custody users.

Founded Supported Altcoins Trading Fees Fiat Payments
2018 Millions of new tokens 0.3 per trade generally Credit card, debit card, or bank transfer

Pros

  • Trade millions of tokens across 11+ blockchains
  • No-KYC, start trading instantly without identity verification
  • User-friendly interface for beginners
  • Trade directly from your wallet (no deposits)
  • Perfect for discovering new altcoins early

Cons

  • High gas fees during busy times
  • Impermanent loss for liquidity providers
  • Limited to Ethereum-compatible tokens
  • Large trades can experience slippage

Best Altcoin Exchanges Comparison

Exchange Altcoins Available Trading Fees Trading Volume KYC Required
Binance 350+ 0.1% (0.075% with BNB discount) Very High Yes
Bybit 1620+ 0.1% (Spot), 0.02%-0.055% (Derivatives) High Yes
OKX 350+ 0.08% (Maker), 0.1% (Taker) High Yes
MEXC 2900+ 0.05% (Maker/Taker) Medium No (Up to 10 BTC withdrawal)
Bitget 1240+ 0.1% (0.08% with BGB discount) Medium Yes
KuCoin 700+ 0.1% (Lower with KCS discounts) High Yes
Coinbase 200+ 0.4% (Maker), 0.6% (Taker) Very High Yes
Uniswap Millions of tokens 0.3% per trade (varies by pool) Medium No

How to Choose an Exchange to Buy and Sell Altcoins?

Trading Fees

Nobody wants to spend extra money on fees. Most altcoin exchanges charge fees for trades, and these can vary a lot. Some, like Binance, charge just 0.1% per trade, while others, like Coinbase, can charge up to 0.6%

It’s smart to choose an exchange with lower fees, especially if you are an altcoin day trader. Some platforms also offer discounts if you trade in high volumes or use their native token to pay fees. Compare a few cryptocurrency exchanges to see where you can save the most.

Security

Your funds’ safety should always come first. Look for altcoin exchanges with strong security features like two-factor authentication (2FA), encryption, PoR data, anti-phishing code, address whitelisting, and cold storage for your assets. This ensures hackers cannot easily access your funds. 

You should also check if the exchange complies with regulations in your country. A regulated platform gives you extra peace of mind. Take your time to research reviews to see how well an exchange has handled security breaches, if any in the past.

Supported Altcoins

If you already know the coins you want to trade, make sure the exchange supports them. Not all platforms have the same variety. For example, MEXC has over 2,900 altcoins, while Coinbase offers just over 200

Let’s say, if you’re someone who loves exploring lesser-known coins, an exchange with a broader range will suit you better. You don’t want to go through the trouble of signing up only to find your preferred coins aren’t available.

Accessibility

How easy is it to use the altcoin exchange? If you’re new to crypto, a simple interface is a must. Some altcoin trading platforms offer mobile apps, so you can trade anywhere. 

Also, make sure the exchange operates in your country and supports your preferred fiat currency. You don’t want to face restrictions after registering. Accessibility also includes deposit and withdrawal options. If your bank or credit card isn’t supported, it could be inconvenient for you to start crypto trading.

Trading Volume and Liquidity

High trading volume means you can buy or sell altcoins quickly without impacting the price too much. The best altcoin exchanges like Binance and Coinbase are great because they have a lot of users and high liquidity. According to CMC data, they both handle over $40 billion in daily trading volume.

This is especially helpful if you’re trading larger amounts. You don’t want to be stuck waiting hours or days to complete a trade. Before choosing, check the daily trading volume of the exchange to get a sense of its liquidity.

Payment Methods

Different altcoin cryptocurrency exchanges accept different payment options. Some accept bank transfers, credit cards, or even PayPal, while others may stick to crypto-only payments, like MEXC. 

Think about what works best for you. If you want a quick setup, credit card payments might be the easiest. However, watch out for extra fees on some payment methods. Always check the charges for deposits and withdrawals to avoid surprises later.

Customer Support

Good customer support can save you from big headaches. If something goes wrong with a trade or withdrawal, you’ll need a responsive team to help. 

You can look for exchanges with live chat or 24/7 support. It’s also a good idea to read reviews to see how well they resolve issues. If an exchange doesn’t have proper customer service, you might find yourself stuck when problems arise.

Altcoin Exchange Fees to Consider

Trading Fees

Trading fees are charges applied when you buy or sell cryptocurrencies on an exchange. These fees are typically calculated as a percentage of the transaction value and can vary between exchanges. 

For example, Binance charges a maker fee of 0.1% for traders with less than $1,000,000 in monthly trading volume, decreasing to 0.01% for those with over $4 billion in trading volume.

Deposit Fees

Deposit fees are charges incurred when adding funds to your altcoin exchange account. These fees can vary depending on the deposit method used. Some exchanges offer free deposits for certain methods, while others may charge a fee. Generally, credit card payments have high fees, whereas bank transfers are free.

Withdrawal Fees

Withdrawal fees are charges applied when you transfer funds from your exchange account to an external wallet or bank account. These fees can vary based on the cryptocurrency being withdrawn and the associated network fees. Some exchanges may offer lower withdrawal fees for certain cryptocurrencies or during specific promotions.

Spread

The spread is the difference between the buying price (also called the ask price) and the selling price (the bid price) of a cryptocurrency on an exchange. This difference can impact your profits because you buy at a slightly higher price and sell at a lower one. 

Spreads are influenced by market conditions like liquidity and volatility. For example, popular cryptocurrencies with high trading activity usually have smaller spreads, making trades cheaper. Again, less traded or volatile coins often have wider spreads, which can cost you more.

What is an Altcoin Exchange?

An altcoin exchange is a platform where you can buy, sell, or trade cryptocurrencies other than Bitcoin. Altcoins are any digital coins besides Bitcoin, like Ethereum, Ripple (XRP), or Dogecoin. These platforms give you access to thousands of altcoins, allowing you to diversify your crypto investments. 

For example, if you want to trade Ethereum (ETH) for Ripple (XRP), you can do so on an altcoin exchange. Most exchanges also let you convert altcoins into traditional fiat currencies, like USD or EUR.

Types of Altcoin Exchanges and Trading Platforms

Centralized Exchanges (CEX)

Centralized exchanges (CEX) are run by a company or central authority. These platforms act as middlemen between buyers and sellers, handling transactions securely. CEXs are beginner-friendly and come with features like fast transactions, high liquidity, and customer support

For example, platforms like Binance and Coinbase are popular centralized altcoin exchanges. However, you trust the exchange to hold your funds, which can be risky if there’s a security breach or hack.

Decentralized Exchanges (DEX)

Decentralized exchanges (DEX) work without any central authority. They allow you to trade directly with others through smart contracts on blockchain networks. In a DEX, you control your funds and private keys, which makes it more secure. 

The crypto platforms like Uniswap or PancakeSwap are well-known decentralized exchanges. While DEXs offer privacy and freedom, they might be harder to use for beginners and often have lower trading volumes than CEXs.

Peer-to-Peer (P2P) Exchanges

Peer-to-peer (P2P) exchanges let you trade directly with other people. You can set your own prices, choose payment methods, and negotiate terms. These platforms act as a middlemen by providing escrow services, which hold the funds until the trade is complete. 

The best P2P exchanges are Binance P2P, LocalBitcoins, and Paxful. P2P exchanges are great if you need flexible payment options or live in areas with limited access to traditional banking. However, trades can take longer, and you need to verify the trustworthiness of the person you’re trading with.

Best Altcoins to Buy Right Now

Here are some top altcoins you might consider to invest in:

  • Ethereum (ETH): Launched in 2015, Ethereum introduced smart contracts, allowing developers to build decentralized applications (dApps). It is the second-largest cryptocurrency by market capitalization.
  • Solana (SOL): Founded in 2017, Solana is another blockchain platform designed to support dApps. It performs 65,000 transactions per second, more than Ethereum, and charges lower transaction fees.
  • XRP (XRP): XRP is the native token for the XRP Ledger, created by Ripple in 2012 as a payment system. It aims to provide fast and low-cost international payments.
  • Dogecoin (DOGE): Dogecoin started as a meme but has gained popularity for its active community and low transaction fees. It is often used for tipping online content creators.
  • Chainlink (LINK): Chainlink is a decentralized oracle network that provides real-world data to smart contracts on the blockchain. This enables smart contracts to interact with external data sources securely.
  • Cardano (ADA): Cardano is another blockchain platform that provides a more secure and scalable infrastructure for the development of dApps. It uses a proof-of-stake consensus mechanism, which is more energy-efficient than proof-of-work.
  • Toncoin (TON): Toncoin is the native cryptocurrency of the TON (The Open Network) blockchain, which was initially developed by Telegram. It aims to offer fast transactions and low fees, making it suitable for everyday use.

How to Buy Altcoins on a Crypto Exchange?

Here is a step-by-step guide on how to buy altcoins safely on a cryptocurrency exchange:

  1. Create an Exchange Account: To begin, you need to sign up for a reliable altcoin exchange. Go to the exchange’s official website or app and click the “Sign Up” button. Enter your basic details like email address, phone number, and password. Once you confirm your email or phone number, your account will be created.
  2. Complete KYC: Most exchanges require you to complete a Know Your Customer (KYC) process for security reasons. You’ll need to provide identification documents, such as a passport, driver’s license, or national ID card. Upload the required files and follow the verification steps. It usually takes a few minutes to a few hours for your account to get verified.
  3. Deposit Funds: After verification, you need to add funds to your account. You can deposit money through a bank transfer, credit card, debit card, or even using other cryptocurrencies. Check the minimum deposit amount and the fees charged by the exchange. Once the funds reflect in your wallet, you’re ready to trade altcoins.
  4. Choose an Altcoin: Now, browse the list of available cryptocurrencies on the cryptocurrency exchange like ETH, SOL, ADA, and more. Use the search bar to find the specific altcoin you want to buy. Check the altcoin’s price, past performance, and trading pair options.
  5. Buy Altcoin: To buy your chosen altcoin, enter the amount you wish to purchase in the “Buy” section. You can place a market order for instant buying or set a limit order to buy at a specific price. Once the transaction is complete, the altcoins will appear in your exchange wallet. Make sure to store them securely.

Conclusion

To sum it up, finding the best altcoin exchange is key if you want to trade or invest in the growing altcoin market. With categories like AI tokens, DeFi coins, smart contracts, RWAs, and stablecoins, there’s plenty of opportunity to explore. Platforms like Binance, Bybit, OKX, MEXC, Bitget, KuCoin, Coinbase, and Uniswap stand out for their variety of altcoins, low fees, and unique features.

Whether you’re looking for no-KYC options, advanced trading tools, or just an easy way to get started, there’s an exchange that’s right for you. By keeping factors like fees, liquidity, and ease of use in mind, you can pick the platform that best fits your goals.

FAQs: Best Exchanges for Altcoins

Can I buy Altcoins without KYC?

Yes, you can buy altcoins without KYC on platforms like MEXC and decentralized exchanges. MEXC allows you to trade without identity verification, and you can withdraw up to 10 BTC per day. On DEXes like Uniswap, PancakeSwap, or Jupiter, you can connect a crypto wallet directly and trade without creating an account or submitting documents.

How to choose the best Altcoin to invest in?

To choose the best altcoin, you need to consider multiple factors like its utility, market performance, and future potential. Start by researching the project behind the altcoin – check if it solves a real-world problem or introduces innovative technology. 

Look at the altcoin’s market cap; coins with larger market caps are typically more stable, while low-cap coins can offer higher returns but come with more risk. Analyze the coin’s historical performance and community support, as a strong developer and investor backing often signal long-term growth. 

Also, consider the project’s roadmap and upcoming updates, as they can significantly impact price movements. Websites like CoinMarketCap or CoinGecko provide data to compare and evaluate altcoins easily.

Where should I buy low-cap new Altcoins?

For low-cap and newly launched altcoins, MEXC and decentralized exchanges (DEXes) are your best options. MEXC lists over 2,900 altcoins, including lesser-known projects and emerging tokens, making it a great platform for discovering new opportunities. 

DEXes like Uniswap, PancakeSwap, and SushiSwap offer access to new coins as soon as they are launched. You just need a compatible crypto wallet like MetaMask to connect and trade. DEXes often list tokens that are not yet available on centralized exchanges, giving you an early investment edge.

Which crypto exchange has the most Altcoins?

MEXC is currently the leading crypto exchange when it comes to the variety of altcoins. It offers over 2,910 altcoins and continues to expand its listings regularly. Other exchanges like Bybit and Bitget also list hundreds of altcoins, but they do not match MEXC’s numbers. 

What are the tips for trading Altcoins?

When trading altcoins, the first thing you should focus on is managing your risk. Don’t put all your money into just one coin, spread your investments across a few solid options. Look for altcoins that have strong fundamentals, like a reliable team, real-world use cases, and an active community

Tools like CoinMarketCap can help you keep track of trends and spot tokens that are gaining momentum. It’s also smart to use trading indicators like the Relative Strength Index (RSI) and moving averages to make better decisions on when to buy or sell. 

Always set a stop-loss to protect yourself from big losses. And one more thing – be careful not to fall for “pump and dump” schemes that promise quick gains. So, trading can be exciting, but a little research and patience will go a long way.

Is it safe to hold Altcoins on exchanges?

Holding altcoins on exchanges comes with risks, although top platforms implement strong security measures. While most exchanges use features like cold wallets, 2FA, and encryption to protect your assets, they remain vulnerable to hacking. 

In 2023 alone, over $1.7 billion was lost in crypto-related hacks. For long-term holding, it’s safer to move your altcoins to a hardware wallet like Ledger or Trezor. These wallets keep your private keys offline. If you must keep funds on an exchange for trading purposes, use well-reputed altcoin platforms like Binance or Coinbase, and enable all available security features.

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Best Bitcoin ETFs to Buy Right Now https://nftevening.com/best-bitcoin-etf/?utm_source=rss&utm_medium=rss&utm_campaign=best-bitcoin-etf Tue, 07 Jan 2025 04:30:42 +0000 https://nftevening.com/?p=144542 Bitcoin ETFs provide an easy way to gain exposure to Bitcoin’s market movements without the complexity of owning cryptocurrency directly. In this guide, you’ll discover the best Bitcoin ETFs to

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Bitcoin ETFs provide an easy way to gain exposure to Bitcoin’s market movements without the complexity of owning cryptocurrency directly. In this guide, you’ll discover the best Bitcoin ETFs to buy, the factors to consider when choosing one, and how to effectively invest through a brokerage platform.

What Is a Spot Bitcoin ETF?

A Bitcoin Exchange-Traded Fund (ETF) allows you to invest in Bitcoin without directly owning the cryptocurrency. So, instead of buying Bitcoin yourself, you purchase shares in a fund that holds the actual Bitcoin. If you want to buy BTC, check out our list of top Bitcoin exchanges.

A Spot Bitcoin ETF, in particular, is an investment fund that holds actual Bitcoin rather than Bitcoin futures or other derivatives. This means the price of a Spot Bitcoin ETF closely tracks Bitcoin’s market value. Also, one of the main advantages of these ETFs is their ease of access. You can buy shares through a regular brokerage account, without the need to set up complex cryptocurrency wallets or private keys.

Top Spot Bitcoin ETFs

This table provides a snapshot of some of the top Spot Bitcoin ETFs available in the market. The listed ETFs are actively managed with a range of assets under management and varying expense ratios (Data Source: Coinglass).

Rank ETF Ticker ETF Name Yield (%) Assets Under Management (AUM) Expense Ratio (Fees)
1 IBIT iShares Bitcoin Trust ETF 5.26% $57.69B 0.25%
2 FBTC Fidelity Wise Origin Bitcoin Fund 2.07% $21.99B 0.25%
3 GBTC Grayscale Bitcoin Trust ETF 1.70% $22.44B 1.50%
4 ARKB ARK 21Shares Bitcoin ETF 3.32% $5.25B 0.21%
5 BITB Bitwise Bitcoin ETF 2.64% $4.45B 0.20%
6 BTC Grayscale Bitcoin Mini Trust ETF 3.25% $4.29B 0.15%
8 HODL VanEck Bitcoin ETF 1.83% $1.47B 0.25%

How to Choose the Best Spot Bitcoin ETF

When choosing the best Spot Bitcoin ETF, there are a few key criteria to keep in mind. Here’s a breakdown of what you should look at:

  • Expense Ratio: A lower expense ratio means you’re paying less in Bitcoin ETF fees, which leaves more of your money working for you. Over time, small differences in fees can really add up, so it’s worth considering when selecting an ETF.
  • Assets Under Management (AUM): A higher AUM usually means the ETF is well-established and popular among investors. It also makes the ETF more liquid, meaning it’s easier to buy and sell shares without affecting the price. Moreover, a larger AUM suggests the fund has the backing and confidence of many investors, which can give you peace of mind.
  • Tracking Error: Tracking error measures how closely the ETF’s performance matches Bitcoin’s actual price movements. The smaller the tracking error, the better, because you want your investment to reflect Bitcoin’s true market value. A significant tracking error could mean you’re not getting the full benefit of Bitcoin’s price swings.
  • Liquidity: Liquidity is all about how easily you can buy or sell shares of the Bitcoin ETF stock without affecting its price too much. The more liquid an ETF is, the less likely you’ll face delays or price slippage when entering or exiting your position.
  • Reputation and Trustworthiness of the Fund Manager: The reputation of the fund manager is crucial because you want to know your investment is in good hands. Well-known and trustworthy fund managers follow strict regulatory guidelines and have a track record of handling funds responsibly. 
  • Dividend Yield: While Bitcoin itself doesn’t generate dividends, some ETFs might earn income by lending or staking Bitcoin. If an ETF offers a yield, it can be a nice added benefit. Just be sure to check if the dividend yield is sustainable and aligns with your investment goals, as it’s not always guaranteed.

How to Buy Spot Bitcoin ETFs?

Step 1. Choose a Reliable Brokerage Platform

To invest in a Spot Bitcoin ETF, you’ll need access to a brokerage account that supports ETFs. Established platforms like Fidelity, Schwab, or other major brokers often list ETFs, including Spot Bitcoin ETFs, once they become available in your region.

Step 2. Open and Fund Your Brokerage Account

If you don’t already have a brokerage account, create one by completing the necessary registration steps. This involves providing personal information, verifying your identity, and linking your bank account. Deposit funds into your account to have the capital ready for your investment.

Step 3. Research Available Spot Bitcoin ETFs

Spot Bitcoin ETFs may vary by provider, fees, and market performance. Therefore, review the ETF’s prospectus to understand its structure, underlying Bitcoin holdings, and associated costs. Leading providers often offer transparent insights into their operations and custody solutions.

Step 4. Place Your Order

Once you’ve decided on an ETF, search for its ticker symbol in your brokerage platform. Enter the number of shares you want to buy and review the order details, such as price and fees. Confirm your purchase to complete the transaction.

Step 5. Monitor Your Investment

After purchasing, track your ETF’s performance through your brokerage platform. Understand market trends and the price of Bitcoin, as it directly impacts the ETF’s value. Also, adjust your investment strategy as needed.

What are Bitcoin Strategy ETFs?

A Bitcoin Strategy ETF is a type of fund designed to offer exposure to Bitcoin without directly holding the cryptocurrency. These ETFs aim to mirror Bitcoin’s price movement indirectly and have been available even before spot Bitcoin ETFs were approved.

Most Bitcoin Strategy ETFs focus on investing in Bitcoin futures contracts, while some allocate assets to stocks of companies involved in Bitcoin mining. However, because these investments don’t involve holding actual Bitcoin, the performance of these funds can often differ significantly from Bitcoin’s market returns.

Top Bitcoin Strategy ETFs by Fee

BTC Strategy ETF and Ticker Fee Investment Methodology
Global X Blockchain & Bitcoin Strategy ETF (BITS) 0.65% Primarily holds Bitcoin futures and includes exposure to blockchain through the Global X Blockchain ETF (BKCH)
Valkyrie Bitcoin Miners ETF (WGMI) 0.75% Stocks of companies involved in Bitcoin mining
Bitwise Bitcoin Strategy Optimum Roll ETF (BITC) 0.92% Bitcoin futures
ProShares Bitcoin Strategy ETF (BITO) 0.95% Bitcoin futures
Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP) 0.95% Bitcoin futures
Valkyrie Bitcoin and Ether Strategy ETF (BTF) 1.24% Bitcoin and Ether futures.

Is Bitcoin ETF Worth Investing? 

Yes, Bitcoin ETF is worth investing in, but it depends on your goals. If you’re curious about Bitcoin but don’t want the hassle of managing wallets or securing crypto, ETFs make it easier. They let you invest through traditional brokerage accounts and are regulated, offering some peace of mind. 

However, keep in mind that Bitcoin ETFs often invest in futures or related assets, so their performance may not exactly match Bitcoin’s price. If you believe in Bitcoin’s long-term potential and prefer simplicity over direct ownership, a Bitcoin Spot ETF can be a convenient option to explore.

Conclusion

In conclusion, the best Bitcoin ETF for your portfolio depends on factors like fees, liquidity, and AUM. iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) are strong contenders, but it’s essential to evaluate your investment goals before making a decision. 

The best BTC ETF can simplify your exposure to Bitcoin without dealing with direct ownership and security risks. Therefore, consider your priorities carefully and select the one that aligns with your strategy for long-term success.

FAQs

Are Spot Bitcoin ETFs better than futures Bitcoin ETFs?

Spot Bitcoin ETFs hold actual Bitcoin, so they track its price more accurately, which is great if you’re investing for the long haul. On the other hand, futures Bitcoin ETFs use contracts tied to Bitcoin’s price, which can lead to mismatches, especially over time. They’re better suited for active traders or short-term strategies. 

Spot ETFs also avoid the extra costs of “rolling” futures contracts, which can eat into profits. So, if you want simplicity and price accuracy, spot ETFs are the way to go. For quick trades? Futures ETFs might work better.

What is the best ETF to buy for Bitcoin?

The best ETFs for Bitcoin investment are:

  • IBIT – iShares Bitcoin Trust: With an impressive 5.26% market share, assets totaling $57.69 billion, and a low fee of 0.25%.
  • FBTC – Fidelity Wise Origin Bitcoin Fund: Managing 2.07% of the market, $21.99 billion in assets, and the same affordable 0.25% fee.

Which Bitcoin ETF has the lowest fees?

Grayscale Bitcoin Mini Trust ETF stands out with its incredibly low fee of just 0.15%, making it one of the most cost-effective options for Bitcoin exposure.

Do spot Bitcoin ETFs have custodianship risk?

Yes, they have custodianship risk. Spot Bitcoin ETFs store real Bitcoin, which means they rely on custodians to keep it safe. If the custodian isn’t secure, there’s a risk of hacking, theft, or even operational mistakes. 

However, most ETFs work with reputable custodians who use advanced security measures like cold storage and insurance. It’s worth checking who the custodian is when picking an ETF. Today most digital currency ETFs are approved by the Securities and Exchange Commission. While no system is perfect, regulatory oversight and top-tier security practices help reduce the risks.

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10 Safest Crypto Exchanges to Use for Secure Trading in 2025 https://nftevening.com/safest-crypto-exchanges/?utm_source=rss&utm_medium=rss&utm_campaign=safest-crypto-exchanges Sat, 04 Jan 2025 06:01:35 +0000 https://nftevening.com/?p=143856 Like the value of many cryptos, the crypto market has seen explosive growth, leading countless investors, traders, and everyday enthusiasts to look for the safest crypto exchanges available. This is

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Like the value of many cryptos, the crypto market has seen explosive growth, leading countless investors, traders, and everyday enthusiasts to look for the safest crypto exchanges available. This is because along with this massive market growth, there is also a substantial increase in risks like hacking, scams, and security breaches. Safeguarding your digital assets always starts with selecting a secure crypto exchange to help buy and sell cryptocurrencies and store them.

In this post, we’ll be digging into the top crypto exchanges that focus on safety and security. We’ll look at notable security features and advantages of each platform. From experienced traders to crypto noobs, we’ve got the information you need to build a solid understanding of the safety and reliability that the safest crypto exchanges can bring to your overall trading experience.

Ranking The Most Secure Crypto Exchanges

  1. Kraken
  2. Binance US
  3. Crypto.com
  4. Gemini
  5. Coinbase Advanced Trade
  6. Bitstamp
  7. Abra
  8. WhiteBIT
  9. ToTheMoon
  10. BitDelta

Top 10 Safest Crypto Exchanges in 2025

1. Kraken

Kraken

Kraken, established in 2011, has solidified its reputation as a leading cryptocurrency exchange, catering to both novice and seasoned traders. The platform offers an extensive selection of over 65 cryptocurrencies, including Bitcoin and Ethereum, enabling users to diversify their portfolios effectively without becoming overwhelming.

Kraken’s user-friendly interface simplifies the buying, selling, and trading of digital assets, making it accessible to a broad audience. For advanced traders, Kraken provides sophisticated features such as margin trading with up to 5x leverage and futures trading, facilitating complex trading strategies. The platform even offers a dark pool, allowing high-volume traders to execute large orders anonymously without impacting the broader market.

Kraken’s fee structure is competitive, employing a maker-taker model that rewards higher-volume traders with lower fees. Security is a paramount focus for Kraken; the platform employs robust measures, including two-factor authentication, cold storage for the majority of user funds, and regular security audits. Notably, Kraken has maintained a strong security track record, with no major hacking incidents reported.

Pros

  • An extensive selection of cryptocurrencies supports diverse investment strategies.
  • Advanced trading features, including margin and futures trading, cater to experienced traders.
  • Robust security measures and a strong track record provide user confidence.
  • Excellent customer support, reachable at any time through multiple channels.

Cons

  • Some advanced features may not be available to U.S. users due to regulatory restrictions.
  • The fee structure for the “Instant Buy” feature can be higher compared to other platforms.
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2. Binance.US

Binance.US

Binance.US is the American arm of Binance, one of the largest cryptocurrency exchanges in the world. Known for its comprehensive offerings, Binance.US supports over 100 cryptocurrencies, catering to both novice and advanced traders. It offers a range of trading options, including spot trading, staking, and limited margin trading for eligible users. The platform also features an intuitive mobile app, allowing users to manage their portfolios and execute crypto trades on the go.

Binance uses a maker-taker model that rewards high-volume traders with reduced fees, so they have relatively competitive fees if you trade a lot. They also give advanced users access to customizable charts and market data, while novices can get over the learning curve quickly with a simple interface. Security features at Binance are what you would expect, and while the company has had its issues with regulatory bodies in the past, they’ve regained investor confidence and legal standing. For further information, check out our full Binance review.

Pros

  • Competitive fees and discounts for high-volume trading.
  • Wide selection of cryptocurrencies and trading options.
  • Advanced trading tools for experienced traders.
  • User-friendly mobile app for seamless access.
  • Compliance with U.S. regulatory standards.

Cons

  • Limited availability of features compared to Binance’s global platform.
  • Restricted access to margin trading.
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Binance Referral Code

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3. Crypto.com

Crypto.com

Crypto.com has emerged as a popular choice among cryptocurrency traders due to its extensive ecosystem and robust security measures. Launched in 2016, the platform offers more than 250 cryptocurrencies, providing users with diverse trading options.

The platform supports spot trading, staking, and even a Visa card that allows users to spend their crypto for daily purchases while earning rewards. Advanced traders even can trade on margin and leverage derivatives.

Security is central to the Crypto.com platform, which uses 2fa, biometrics, and cold storage. It even offers 500 million in insurance coverage for digital assets, reassuring users of its commitment to financial safety. On top of all that, they have a highly competitive fee structure, which can be improved further by staking CRO, the platform’s native token, or by reaching higher trading volume tiers.

Pros

  • Wide range of cryptocurrencies and trading options.
  • User-friendly mobile app with an integrated Visa card for spending rewards.
  • Robust security measures and substantial insurance coverage.

Cons

  • Transaction fees can be complex without CRO staking.
  • Limited availability of some features in certain regions.
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4. Gemini

Gemini

Founded in 2014 by the Winklevoss twins, Gemini is renowned for its focus on security and regulatory compliance. The platform supports over 100 cryptocurrencies and offers features such as staking, recurring buys, and Gemini Earn, which allows users to earn interest on their holdings.

One of Gemini’s key selling points is its strong emphasis on security. It employs multi-factor authentication, hardware security modules or HSMs for key storage, and insurance coverage for assets held in its hot wallet. The platform’s educational resources further enhance its appeal by helping users navigate the complexities of cryptocurrency trading.

Pros

  • Fully regulated and compliant with U.S. laws.
  • Advanced trading platform for experienced traders.
  • Insurance coverage for hot wallet funds.
  • Educational resources for beginners.

Cons

  • Higher fees compared to some competitors.
  • Limited selection of cryptocurrencies relative to other top platforms.

5. Coinbase Advanced Trade

Coinbase Advanced Trade

Coinbase Advanced Trade is the upgraded version of the standard Coinbase account, and it’s specifically tailored for traders seeking advanced tools in a secure environment. With over 550 supported trading pairs, the platform offers deep liquidity and access to a wide array of digital assets, including Bitcoin, Ethereum, and hundreds of altcoins and tokens, it’s perfect for sophisticated strategies and a seamless overall experience.

The platform features advanced charting tools powered by TradingView, enabling users to analyze markets with over 100 indicators. Orders such as limit, stop-limit, and market types give traders full control over their strategies. While fees can be higher for low-volume traders, the platform’s transparency and premium security make it a strong choice for serious traders.

Pros

  • Advanced trading tools and comprehensive market analysis capabilities.
  • High liquidity and extensive cryptocurrency support.
  • Robust security features, including insurance and regulatory compliance.

Cons

  • The fee structure may be less competitive for small-volume traders.
  • Advanced features might be overwhelming for beginners.
coinbase

User Score

9.8

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6. Bitstamp

Bitstamp

Bitstamp, established in 2011, is one of the longest-standing cryptocurrency exchanges in the market. Known for its reliability, the platform offers a solid range of cryptocurrencies, including Bitcoin, Ethereum, and XRP. Bitstamp’s fee structure is competitive, with a tiered system that reduces costs as trading volume increases.

It supports fiat-to-crypto transactions, enabling users to deposit funds via bank transfer or credit/debit cards, which is convenient for newcomers entering the crypto space. Bitstamp is also one of the few platforms to offer some form of insurance coverage on certain digital assets.

Its straightforward interface and responsive customer support make it a go-to choice for many crypto enthusiasts. Like many other of the most secure cryptocurrency exchanges, it employs multi-factor authentication, cold storage for the majority of user funds, and regular third-party audits to ensure operational integrity.

Pros

  • Trusted reputation as one of the longest-standing exchanges.
  • Competitive fees with discounts for higher trading volumes.
  • Secure platform with regular audits and insurance coverage.
  • Convenient fiat-to-crypto transactions for beginners.

Cons

  • Smaller selection of cryptocurrencies compared to newer platforms.
  • Advanced features are somewhat limited for professional traders.

7. Abra

Abra

Abra is a versatile cryptocurrency exchange and digital wallet that combines trading, investing, and financial services into one platform. Supporting over 100 cryptocurrencies, Abra caters to both individual users and institutional investors. It offers a massive range of features, including spot trading, staking, and a high-yield crypto savings account.

Abra is incredibly easy to use, which makes it one of the best crypto exchanges for beginners, or anyone just getting their bearings trading crypto. Like other decentralized exchanges, Abra users can buy crypto with bank transfers, credit or debit cards, as well as other methods. The mobile app is wildly intuitive and functionally robust, letting you trade, manage funds, and track the market on the go.

Pros

  • The intuitive mobile app is perfect for beginners.
  • High-yield savings accounts for earning interest on crypto assets
  • Flexible funding options, including bank transfers and cards.
  • Strong security measures and regulatory compliance.

Cons

  • Limited advanced trading tools compared to competitors.
  • Some features may not be available in all regions.

8. WhiteBIT

WhiteBIT

WhiteBIT is a European-based cryptocurrency exchange known for its user-friendly design and advanced trading features. Supporting over 300 trading pairs, WhiteBIT caters to both novice and experienced traders with spot trading, futures trading, and staking, so there’s something for everyone.

WhiteBIT puts a huge emphasis on security, with more than 95% of funds kept in cold storage. The platform also integrates multi-factor authentication and encrypted communication channels to protect user accounts, and they maintain current compliance with international financial regulations.

One of WhiteBIT’s unique features is its trading competitions, which encourage active participation and offer rewards to users. Combined with competitive fees and responsive customer support, WhiteBIT is an attractive choice for traders looking for an exciting balance between simplicity and advanced functionality.

Pros

  • Extensive trading pair options and competitive fees.
  • High level of security with 96% of funds in cold storage.
  • Trading competitions add an engaging element for users.
  • Advanced analytics tools for experienced traders.

Cons

  • Limited support for deposits and withdrawals of fiat currencies.
  • Smaller user base compared to more established exchanges.

9. ToTheMoon

ToTheMoon

ToTheMoon formerly known as Cryptology, is a centralized cryptocurrency exchange established in 2018 and registered in Lithuania. The platform offers a comprehensive suite of services, including spot and futures trading, staking options, and a crypto debit card, catering to both novice and experienced traders.

The platform emphasizes user experience with its intuitive interface and the ToTheMoon GO mobile app, which mirrors the desktop version’s functionalities, allowing users to buy, swap, and trade cryptocurrencies seamlessly on the go. ToTheMoon also offers a fiat on-ramp, enabling users to purchase cryptocurrencies like Bitcoin and Ethereum directly using credit or debit cards, simplifying the process for newcomers.

Also, ToTheMoon is uniquely qualified to provide virtual currency exchange and custody services under the supervision of the Lithuanian Financial Crimes Investigation Service. This gives them additional qualifications for compliance with international financial regulations.

Pros

  • Supports over 300 cryptocurrencies, offering a wide range of trading options.
  • User-friendly interface with a comprehensive mobile app for trading on the go.
  • Robust security measures, including cold storage and regulatory compliance.
  • Offers additional services like staking and a crypto debit card for spending assets.

Cons

  • Limited fiat currency support for deposits and withdrawals.
  • Smaller user base compared to more established exchanges.

10. BitDelta

BitDelta

Supporting over 50 cryptocurrencies, including major assets like Bitcoin, Ethereum, and Litecoin, BitDelta offers spot trading and advanced features such as margin trading with competitive leverage.

The platform stores the majority of user funds in cold storage and employs multi-factor authentication to protect accounts. Advanced tools like withdrawal address whitelisting and session monitoring further enhance security, ensuring that users can trade in a private, protected setting.

The platform also offers responsive customer support, available 24/7 to address user concerns promptly. While its cryptocurrency selection is smaller compared to larger exchanges, BitDelta compensates with a strong focus on the user and their secure experience.

Pros

  • Secure trading environment with cold storage and MFA.
  • Margin trading options for experienced traders.
  • Transparent operations with regular security audits.
  • Responsive customer support is available 24/7.

Cons

  • Limited crypto offerings compared to larger platforms.
  • Lacks features like staking or crypto savings accounts.

Safest Crypto Exchanges Comparison

Exchange Key Features Security Measures
Kraken Advanced trading options, Staking services, Futures trading Cold storage for funds, 2FA, Security audits, and compliance
Coinbase User-friendly interface, Educational resources, Coinbase Pro for advanced trading Insurance coverage for digital assets, 2FA, Regular security assessments
Binance.US Wide range of cryptocurrencies, Staking and earning programs, Advanced trading tools Cold storage, 2FA, Security audits and compliance
Gemini User-friendly platform, Gemini Earn program, Mobile app SOC 2 Type 2 compliance, 2FA, Insurance coverage for digital assets
Bitstamp Advanced trading platform, Mobile app, Institutional services Cold storage, 2FA, Regular security audits
Abra Mobile app, Interest-earning accounts, Wide range of cryptocurrencies Cold storage, 2FA, Compliance with regulatory standards
WhiteBIT Advanced trading tools, Staking programs, Wide range of cryptocurrencies Cold storage, 2FA, Regular security audits
ToTheMoon User-friendly interface, NFT marketplace, Mobile app Cold storage, 2FA, Compliance with regulatory standards
BitDelta Advanced trading options, Wide range of cryptocurrencies, Mobile app Cold storage, 2FA, Regular security assessments

If you are wondering between Binance and Coinbase, check out our detailed Coinbase vs Binance comparison to decide which exchange suits your needs better.

Crypto Exchange Security Best Practices

  1. Enable Multi-Factor Authentication: Always enable MFA for your exchange account. This security measure requires a second verification step and adds another layer of difficulty for anyone trying to gain unauthorized access to your crypto.
  2. Use Strong, Unique Passwords: Create a unique password for your crypto exchange account that combines upper and lowercase letters, numbers, and symbols. Avoid using the same password across multiple platforms, as doing so increases vulnerability in case of a breach.
  3. Store Your Crypto in Cold Wallets: For long-term storage, transfer most of your assets to a cold wallet. Exchanges are convenient for trading, but their hot wallets are more exposed to hacking risks. Cold wallets add another layer to your “Swiss cheese” model.
  4. Regularly Update Software and Apps: Always use the latest versions of the exchange app and any associated software. Updates often include patches for newly discovered vulnerabilities, ensuring your account stays protected against emerging threats.
  5. Avoid Public Wi-Fi When Trading: Use a secure, private connection or a virtual private network to protect your sensitive data from potential interception.
  6. Monitor Account Activity: Regularly review your account’s transaction history and login activity for any signs of unauthorized access. Most exchanges allow you to enable account alerts for unusual activity, such as login attempts from unknown devices.
  7. Verify URLs and Be Wary of Phishing Attempts: Phishing scams often mimic exchange interfaces to steal credentials. Double-check URLs and avoid clicking on unsolicited links in emails or messages.
  8. Use Withdrawal Whitelists: Enable withdrawal whitelists on your account to restrict fund transfers to pre-approved wallet addresses. This feature prevents unauthorized withdrawals even if your account is compromised because your crypto can only go to addresses you’ve personally approved.
  9. Utilize Secure Storage for Recovery Phrases: For non-custodial wallets linked to your exchange, store recovery phrases in a secure, offline location like a safe.
  10. Enable Account Lock Features: Some exchanges offer account lock features that temporarily disable transactions if suspicious activity is detected. These can give you crucial extra time to lock down your account.

Why Security Matters in Crypto Trading

Cryptocurrencies are different from conventional investments in their decentralized nature, and a natural result of that is that user funds cannot be insured or protected by governments. In a terrifying precedent, the 2014 Mt. Gox hack saw the loss of approximately 850,000 Bitcoin, shaking user trust in crypto platforms. Such breaches highlight the importance of robust security protocols to protect user funds from theft, fraud, and other malicious activities.

Issues like phishing attacks, fake exchanges, and poorly managed platforms can expose users to significant financial risks. Secure exchanges mitigate these threats with strong security measures, including identity verification, multi-factor authentication, and cold storage capacity for the majority of user funds. Regulatory compliance is another critical factor in exchange security. Platforms that adhere to regulations set by entities like the Securities and Exchange Commission demonstrate accountability and transparency.

Security Features to Look for in a Crypto Exchange

With more and more exchanges entering the industry, the risks are growing exponentially, making it vital to have a clear understanding of the very features that keep your trading environment secure. Let’s dig into the most significant security measures every crypto trader should be thinking about.

Multi-Factor Authentication

While MFA is one of the best ways to help secure exchange accounts, it’s also one of the most basic. It’s considered a baseline security feature that helps ensure an additional layer of protection or verification for user accounts. This means not only will you need your typical username and password combo, but you’ll also need to click an access verification link in an email, enter a code sent to your phone in an SMS message, or use some other unique identifier, like a biometric token or physical token.

Cold Storage

Cold storage is a critical measure for protecting user funds. It involves storing crypto assets offline, disconnected from the internet, where they are less susceptible to hacking attempts.

Exchanges that employ cold storage typically keep only a small portion of funds online to facilitate daily transactions, ensuring that the bulk of user assets remain secure. Leading platforms like Gemini and Crypto.com are known for their extensive use of cold storage.

Insurance Coverage

Some exchanges offer insurance for funds stored on their platform. While this doesn’t guarantee full reimbursement, it provides an added layer of financial protection for users and could help to recoup some of the losses that may be incurred during a hack or similar breach of coins stored in hot wallets.

It’s critically important to remember, however, that insurance rarely covers user errors, such as falling victim to phishing scams or losing private keys. This means that you’ll often see exchanges that offer insurance also provide robust user education and other support to help minimize risks.

Security Transparency

Exchange platforms that make open security communication a priority will easily set themselves apart from others as more reliable platforms for users who need increased peace of mind.

Audits assess vulnerabilities in the platform’s code, infrastructure, and operational processes, ensuring potential threats are identified and addressed proactively. Platforms that openly acknowledge and detail their responses to security challenges showcase accountability, which builds confidence among users.

Crypto Security Educational Resources

Educating users is one of the most effective ways for exchanges to enhance overall security. By empowering traders with knowledge, platforms can minimize common risks, such as phishing scams, weak passwords, and improper management of private keys.

Platforms like Gemini are well known for the educational resources they provide, which typically include webinars, tutorials, articles, and FAQs related to best practices and secure trading. Topics will often cover subjects like recognizing fraudulent schemes, safely storing recovery phrases, and enabling advanced security features.

Final Thoughts

We have closed out 2024, and prioritizing safety when choosing an exchange has never been more important. We’ve looked at several platforms that unique features, robust security measures, and varying levels of accessibility to a wide range of potential users.

Ultimately, the best exchange for you will depend on your trading habits, security preferences, and personal goals. Take the time to evaluate your options and implement best practices to maximize both security and success in your trading journey.

FAQs

How do I know if an exchange is regulated?

Regulated exchanges typically provide information about their licenses and compliance with financial authorities such as the SEC in the U.S. or AUSTRAC in Australia. Look for details on the exchange’s website or confirm with official government or regulatory listings.

Are all exchanges insured against losses?

No, not all exchanges provide insurance. Some platforms offer limited coverage for funds held in hot wallets, while others may not provide insurance at all.

Are decentralized exchanges (DEXs) safer than centralized exchanges?

Decentralized exchanges offer greater control over funds since users retain their private keys. However, they lack some security features like insurance coverage and centralized oversight, which can be critical in cases of technical errors or security breaches. The choice depends on your priorities for control versus external protection.

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15+ Best Crypto Signals Telegram Groups in 2025 https://nftevening.com/best-crypto-signals/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-signals Wed, 25 Dec 2024 15:54:05 +0000 https://nftevening.com/?p=143768 Are you looking for the best crypto signals to improve your trading? Finding accurate trading signals can save time and help you make better decisions. But with so many Telegram

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Are you looking for the best crypto signals to improve your trading? Finding accurate trading signals can save time and help you make better decisions. But with so many Telegram groups out there, it’s hard to know which ones to trust. That’s where we come in.

In this guide, we have reviewed the top crypto signal providers of 2025. These groups share expert tips and strategies to help you trade with confidence. Some even offer free crypto signals to get you started. We’ve compared their success rates, features, and pricing to help you pick the best option. From Bitcoin signals to altcoin insights, there’s something here for everyone.

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Best Crypto Trading Signals Providers: Our Top Picks

We have reviewed over 50+ crypto signals groups to identify the best options for traders. These groups offer expert guidance, reliable trading signals, and valuable tools. Here is the list of the top 16 best crypto signals Telegram groups, each excelling in specific areas:

  1. Fat Pig Signals: Best Bitcoin signals Telegram group for accuracy
  2. Binance Killers: Best premium crypto signals with a 92% success rate
  3. Fed Russian Insiders: Best for high-frequency trading crypto signals
  4. Crypto Inner Circle: Best Binance futures crypto signals channel
  5. Wolf of Trading: Best for detailed market analysis and crypto trading tips
  6. Rocket Wallet Signals: Best for transparent and timely cryptocurrency signals
  7. Crypto Whale Pumps: Best for crypto pump alerts
  8. Dash 2 Trade: Best automated crypto trading signals group for beginners
  9. Learn2Trade: Best AI-driven cryptocurrency trading signals
  10. Onward BTC: Best crypto signals Telegram for leverage and spot trades
  11. CoinCodeCap: Best NFT signals with Cornix integration
  12. Bitcoin Bullets: Best manual crypto signals providers
  13. CryptoSignals.org: Best cryptocurrency signals Telegram group for BTC and ETH
  14. 3Commas: Best signals group with automated trading bots
  15. Jacob Crypto Bury: Best mentorship-driven Telegram crypto signals channel
  16. Wall Street Queen: Best high-accuracy crypto signals Telegram group

Best Telegram Crypto Signals Groups Comparison

Signal Provider Success Rate Telegram Subscribers Pricing
Fat Pig Signals ~82.84% 41,700+ 0.5 ETH (3 months), 0.75 ETH (6 months), 1.25 ETH (12 months)
Binance Killers ~92% 209,000+ $290/month, $480 (3 months), $600 (Lifetime)
Fed Russian Insiders ~90% 67,000+ $750/month, $2,200 (Lifetime)
Crypto Inner Circle ~92% 155,000+ $70/month, $500 (Lifetime)
Wolf of Trading ~70% 78,500+ Free and Paid
Rocket Wallet Signals ~70% 32,600+ $150/month, $390 (3 months)
Crypto Whale Pumps N/A 55,000+ $100/month
Dash 2 Trade N/A Private groups $120/year
Learn2Trade ~79% Private groups £39/month, £399 (Lifetime)
Onward BTC 80-85% 4,000+ Free trial via ByBit
CoinCodeCap N/A 24,000+ $499 (Lifetime), $599 (NFT signals)
Bitcoin Bullets ~75% 39,200+ $240/month
CryptoSignals.org 75-90% N/A £42/month
3Commas N/A N/A Free on marketplace
Jacob Crypto Bury N/A N/A Subscription tiers
Wall Street Queen ~96% 193,000+ $150/month, $1,000 (Lifetime)

Top Crypto Signals Telegram Groups Reviewed

0. Evening Trader

The Evening Trader Channel, hosted on Telegram by the NFTevening team, is a go-to resource for traders seeking free crypto signals to navigate the fast-paced crypto market. With a claimed 92%+ historical win rate, the channel delivers actionable trading recommendations for both spot and futures markets on centralized exchanges (CEXs).

Blending between technical and fundamental analysis, Evening Trader provides clear, high-quality signals designed to help traders of all experience levels make informed decisions and maximize profits without any subscription fees.

Beyond signals, the channel fosters a supportive community and offers exclusive perks, such as a 20% discount on trading fees through referral links and monthly rebate programs. Whether you’re a beginner looking to dip your toes into crypto trading or a seasoned trader aiming to refine your strategy, the Evening Trader Channel provides real-time market insights and a cost-effective way to enhance your trading game.

Should users encounter any trading issues, the team guarantees effective 24/7 support. Traders will appreciate that there are no fees to join the channel and will gain significant value from the services.

Pros:

  • High-quality crypto signals at no cost, making it accessible for all traders.
  • 92%+ win rate for reliable trading recommendations.
  • Offers a 20% trading fee discount and monthly rebates via referral links.
  • Tailored strategies for both spot and futures trading on CEXs.
  • Dedicated team and actionable market insights foster a collaborative trading environment.

Cons:

  • Focuses solely on CEXs, which may not suit traders using decentralized platforms.
  • Signals are guides, not guarantees, so traders must conduct their own analysis.
  • To unlock every benefit, users must sign up for a CEX account with the Evening Trader’s referral code or pay a fee.

1. Fat Pig Signals

Fat Pig Signals

Fat Pig Signals is a well-known cryptocurrency signal service launched in 2017. It provides guidance to traders through expert analysis and reliable trading signals. The service is highly regarded for its accuracy, boasting a long-term success rate of about 82.84%. They specialize in offering actionable insights on Bitcoin and altcoin trading, using technical analysis to predict market trends and identify profitable opportunities.

Their free group, with over 41,700 members, shares basic market updates and a few sample signals, making it a great entry point for beginners. For more comprehensive insights, the VIP channel is a popular choice. It includes packages like Bronze (three months for 0.5 ETH), Silver (six months for 0.75 ETH), and Gold (12 months for 1.25 ETH), each providing in-depth trading signals, strategies, and market updates.

In 2024, Fat Pig Signals reported an impressive streak of 22 wins without any losses. These results reflect their ability to pick high-performing coins, leveraging both technical analysis and market trends. 

Beyond signals, Fat Pig Signals offers additional services like risk management tools for platforms such as Binance and Bybit, portfolio management guidance, and tailored trading strategies. They also foster a sense of community through a private Facebook group and 24/7 support, making crypto trading less isolating and more collaborative. While their subscription fees may seem high, many users find the quality and profitability of their signals justify the investment, especially for serious traders.

Pros

  • Fat Pig Signals claims a long-term success rate of approximately 82.84%
  • Offers in-depth technical analysis, risk management tools, and diversified strategies
  • A large, active Telegram community and private groups provide a collaborative trading environment
  • Free Telegram group for basic insights and VIP packages for advanced trading signals
  • Notable achievements like win streaks showcase their expertise

Cons

  • VIP subscriptions range from 0.5 ETH to 1.25 ETH, which may not be affordable for all traders
  • While accessible, some new traders may need more foundational knowledge to use the signals effectively
  • Heavy reliance on Telegram may not appeal to users preferring alternative platforms

2. Binance Killers

Binance Killers

Binance Killers is a prominent crypto signal provider, known primarily for its active Telegram channel boasting over 209,000 subscribers. It markets itself as a premium signal provider, claiming a success rate as high as 92%. Their offerings cater to both beginners and experienced traders, providing insights into short-term scalping and long-term trades.

The subscription plans vary, with a monthly cost starting at around $290, a three-month plan priced at $480, and a lifetime option for $600. These plans grant access to features like technical analysis, market heatmaps, and exclusive signals that include entry and exit points, risk levels, and stop-loss strategies

While there is no free signal offering, the group provides some general market updates on their public channel. VIP members receive daily trading insights purportedly based on professional-level analysis. Binance Killers claims to have delivered significant returns for its users, including an alleged 10,000% profit in 2020 and a 900% return in a single month of 2023. However, these figures remain unverified.

While Binance Killers has established itself as a recognizable name in crypto trading signals, it faces criticism for poor customer interaction. Engagement on their Telegram platform is relatively low, with about 8% active participation from the large subscriber base, which some attribute to potential ad-driven or temporary audience boosts.

Pros

  • Binance Killers reports a success rate of up to 92% in their signals
  • Offers signals for short-term, mid-term, and long-term trades
  • Over 209,000 Telegram subscribers, indicating significant popularity
  • Includes clear entry points, stop-loss levels, and risk management guidance​
  • Paid plans offer exclusive features like technical analysis and heatmaps

Cons

  • Performance claims are not independently verified, raising reliability concerns
  • Most benefits are locked behind paid plans, with no free trial or signals
  • Some users report poor customer interaction

3. Fed Russian Insiders

Fed Russian Insiders

Fed Russian Insiders (FRI) is a crypto signal channel operating primarily through Telegram. It provides signals for trading platforms like Binance and ByBit, targeting both beginners and experienced traders. FRI is recognized for its mix of free and paid services, catering to users who seek real-time trading advice and market updates.

The platform claims an impressive accuracy rate of over 90%, supported by an average of 250 signals monthly. These signals include technical details like entry points, stop-loss suggestions, and profit targets, making them accessible for traders who rely on clear, actionable advice. FRI signals are built on technical indicators such as Fibonacci sequences and in-depth market analysis, aiming to offer high-frequency and high-return trading opportunities.

Despite these claims, FRI has faced criticism. Some users have reported inconsistent or delayed signals and expressed concerns over high costs. Subscription fees range from $750 per month to $2,200 for lifetime access, making it one of the more expensive signal providers. Plus, there are complaints about the transparency and credibility of its team, with some alleging fraudulent behavior or inadequate customer support

On the positive side, the service provides supplementary features like charts, news, and tutorials to its community of over 67,000 members. Furthermore, the service is limited to Telegram, without diversified platforms for delivery, which may inconvenience some users​.

Pros

  • Claims over 90% signal accuracy
  • Detailed technical analysis, including entry and exit points
  • Supports multiple trading strategies – spot, futures trading, margin trading, and short trades
  • Over 67,000 Telegram subscribers, fostering interaction
  • Offers supplementary trading tools like charts, news, and educational materials

Cons

  • High costs with premium plans range from $750 per month to $2,200 lifetime
  • Reports of delayed responses and unresolved issues

4. Crypto Inner Circle

Crypto Inner Circle

The Crypto Inner Circle is a popular cryptocurrency trading signal group known for its focus on Binance futures trading and delivering high-accuracy signals. With over 155,000 active members, it has established itself as a key player in the crypto signals space. The group provides an average of 1–2 signals daily, each accompanied by detailed explanations, price targets, and clear instructions.

Crypto Inner Circle has claimed a 92% accuracy rate for its Binance futures signals. This makes it appealing for traders seeking profitable and reliable guidance. The group offers a comprehensive package, including tutorials, e-books, video courses, and risk management strategies. For VIP members, additional perks like high-leverage signals and deeper market analysis are available.

The signals include essential trading information such as entry and exit points, stop-loss levels, and take-profit targets. The team behind Crypto Inner Circle consists of seasoned traders with years of experience, contributing to its credibility and consistency. In addition to trading signals, the group provides regular market updates, price predictions, and in-depth analysis of crypto trends.

Despite its benefits, the service has some limitations. Free signals are limited, and with such a large member base, personalized support can be challenging to maintain. Its premium plan costs $70 per month or $500 per lifetime. Most of the group’s resources are shared via Telegram, which serves as the primary platform for communication and updates.

Pros

  • Claims a 92% success rate for Binance futures signals
  • Offers tutorials, e-books, and video courses for all trading levels
  • Provides 1–2 detailed signals daily, complete with targets and stop-loss levels​
  • Access to exclusive market analysis, high-leverage crypto signals, and 24/7 team support for VIP members
  • Instructions and insights are clear and easy to follow, even for newcomers​

Cons

  • Most features including crypto signals require a VIP subscription
  • Entirely reliant on Telegram for communication
  • Primarily targets futures trading, which may not suit all traders

5. Wolf of Trading

Wolf of Trading

Wolf of Trading is a well-known provider of crypto trading signals, primarily operating through Telegram. With over 78,500 subscribers, it is one of the largest crypto communities, drawing traders of all levels. Its popularity stems from the timely and detailed trading signals it shares, focusing on popular cryptocurrencies like Bitcoin and Ethereum. The group provides valuable insights into market trends, technical analysis, and trading opportunities.

The service prides itself on its technical expertise. Signals are generated based on in-depth technical analysis, and members receive actionable information such as entry and exit points. Beyond signals, the group offers updates on market trends and general cryptocurrency news, which are essential for traders aiming to stay informed. This information is not limited to Telegram; they also share content on platforms like X (formerly Twitter).

Wolf of Trading aims to cater to both experienced traders and beginners. The community aspect is a significant draw, allowing members to engage with like-minded individuals. Discussions often include insights from experienced traders, creating an environment where learning and knowledge sharing thrive. This collaborative approach enhances the trading experience.

Like any crypto trading signal channel, results are subject to market conditions, and no service can guarantee profits. Transparency about past performance and realistic success rates – often above 70% – make the group stand out among its peers. Subscription to Wolf of Trading typically involves a fee. However, you will also get 1-3 free crypto trading signals daily. 

Pros

  • Over 78,500 members foster collaborative learning and insights
  • High success rates due to in-depth technical analysis
  • Real-time market trends and crypto news are shared frequently
  • Offers learning resources for beginners and advanced traders alike
  • Active on Telegram and other platforms like X for broader accessibility

Cons

  • Fees can be high for premium access
  • A high member count might dilute personalized attention
  • Results may vary with market volatility, and profits aren’t guaranteed

6. Rocket Wallet Signals

Rocket Wallet Signals

Rocket Wallet Signals is a crypto trading signals provider operating primarily through Telegram. Established in September 2020, the platform is well-known for its focus on providing accurate and transparent trading recommendations for both spot and futures markets. With a growing community, the platform has over 32,600 members in its public channel and offers multiple VIP channels for more advanced trading features.

The service caters to traders by delivering real-time alerts and updates, ensuring timely insights into market opportunities. Signals often include details such as entry points, stop-loss levels, and profit targets, making it easier for users to execute trades confidently. The signals are backed by detailed market analysis and the expertise of experienced traders, with the lead trader boasting over seven years of experience in cryptocurrency trading.

Rocket Wallet Signals places a strong emphasis on transparency and community trust. It regularly shares performance reports to verify the accuracy of its predictions, which it claims exceed 70%. The platform also openly communicates its profit and loss figures, ensuring members have a clear understanding of their trading success rate.

The platform offers both free and paid subscription models. Free members receive a limited selection of signals and market updates, while VIP members gain access to advanced features, including multiple trading strategies and personalized support. Subscription fees for the VIP service are $150/month and $390 for 3 months and aim to provide good value for the money.

Pros

  • Boasts a signal accuracy rate of over 70%, helping traders make informed decisions
  • Regularly shares profit and loss (PnL) reports to maintain trust with users
  • Provides timely signals and updates for spot and futures trading
  • Includes a large, active user base with helpful discussions and responsive customer support
  • Managed by seasoned crypto professionals with years of market expertise

Cons

  • VIP services come with high fees, which might be a barrier for some users
  • Free users receive very fewer signals compared to VIP members
  • Does not support live trading options; traders must execute signals manually

7. Crypto Whale Pumps

Crypto Whale Pumps

Crypto Whale Pumps is a signal provider for cryptocurrency traders. They offer premium services through their Telegram group, providing real-time trade signals, market updates, and trading strategies.

The platform stands out for its focus on leveraging high-impact trading opportunities. Members gain access to signals on specific trades, complete with details like entry and exit points, stop-loss recommendations, and expected profit zones

Signals are primarily geared towards trading on major platforms like Binance, Bybit, and KuCoin, and there’s also support for decentralized exchanges (DEX). This diversification allows traders to explore a broad spectrum of assets, including altcoins and meme coins.

Premium subscribers receive signals with a frequency as high as 15-minute alerts, ensuring they are prepared for rapid market changes. This service is especially valuable during pump-and-dump scenarios, where quick reactions can lead to significant profits. To assist traders in execution, they provide guidelines for risk management, such as capping risk at 2% of the portfolio per trade and using stop-loss orders to limit potential losses. These strategies align with best practices for maintaining long-term profitability.

Plus, they integrate trading bot functionalities using platforms like Cornix, making it easier for users to automate trades based on provided signals. This is particularly useful for those unable to monitor trades in real-time. The community aspect is also significant, with discussions and insights shared among 55,000 traders in the group.

Pros

  • Signals include precise entry, exit, and stop-loss points with 15-minute updates for timely decisions
  • Supports both centralized (e.g., Binance) and decentralized exchanges (DEX) for a wide range of crypto trades
  • Offers strategies like 2% risk rules and stop-loss usage
  • Members can learn and share insights in group discussions
  • Integration with platforms like Cornix for hands-free trading based on provided signals

Cons

  • Full access to advanced features requires a subscription of $100/month
  • Some signals may only apply to certain crypto exchanges, limiting usability for others​

8. Dash 2 Trade

Dash 2 Trade

Dash 2 Trade is an advanced crypto analytics and signals platform. The platform was created by a team of experienced traders from Learn 2 Trade. It offers tools and features aimed at simplifying crypto trading while improving success rates. At the core of Dash 2 Trade is its powerful signal engine. This engine provides real-time trading signals for popular cryptocurrencies like Bitcoin and Ethereum. Signals include events such as exponential moving average (EMA) crossovers, channel breakouts, and market trends.

The platform also provides automated trading solutions. Users can copy successful strategies from experienced traders or configure their own strategies using tools like grid bots and dollar-cost averaging (DCA) bots. These bots allow traders to execute strategies effectively without constant manual intervention. Dash 2 Trade supports integrations with TradingView for automation using webhooks.

Another feature is its proprietary trend indicator. This indicator analyzes factors like volatility and trading volume to determine how strongly a cryptocurrency is trending. It also offers comprehensive analytics, including social sentiment tracking and data on trending cryptocurrencies. This gives traders a broader view of market dynamics. 

The platform provides a free tier for beginners, which includes basic tools and limited access to features like the backtester. For professional users, premium subscriptions ($120/year) offer access to all features, including advanced signals, automated bots, and detailed analytics.

Pros

  • Real-time signals like EMA crossovers and channel breakouts
  • Supports grid and DCA bots for efficient and hassle-free trading
  • Trend indicators and social sentiment tools provide deep insights into market trends
  • Integration with TradingView allows advanced customization and strategy automation
  • Accessible entry-level tools like copy trading 

Cons

  • Full features require paid tiers, which may be expensive for casual traders
  • Advanced tools might be overwhelming for complete beginners

9. Learn2Trade

Learn2Trade

Learn 2 Trade is a popular platform for crypto and forex trading signals. It operates globally and is known for its accuracy and user-friendly approach. Founded in the UK in 2019, the platform provides detailed trading signals through its Telegram channels. These signals include vital information such as entry points, take-profit levels, and stop-loss positions. Users can expect up to five signals daily with a reported success rate of 79%.

The platform offers free signals for beginners, which include three signals per week, and premium subscriptions for advanced traders. The premium plans range from £39 per month to a one-time lifetime payment of £399. Learn 2 Trade also provides educational resources. It offers courses priced at $99 for one-time access, designed for beginners and experienced traders alike. These courses cover essential topics such as technical analysis, trading strategies, and risk management.

What sets Learn 2 Trade apart is its use of AI and machine learning for monitoring markets and generating signals. The platform integrates its expertise with advanced technology, helping traders identify profitable opportunities efficiently. It supports a range of cryptocurrencies, including Bitcoin and Ethereum, and works with regulated brokers to enhance reliability and trust. Learn 2 Trade also features an affiliate program where users can earn commissions by referring others.

Pros

  • Learn 2 Trade offers a reported accuracy of 79% for its cryptocurrency signals
  • It provides flexibility with free plans for beginners and premium subscriptions for advanced traders
  • The platform includes trading courses and guides
  • Advanced AI technology and machine learning make the Bitcoin signals timely and accurate
  • Supports multiple asset types, including forex and cryptocurrencies like Bitcoin and Ethereum

Cons

  • Signals are shared exclusively through Telegram
  • While affordable, premium plans might still be a barrier for casual traders
  • The free version offers limited signals and lacks advanced features

10. Onward BTC

Onward BTC

OnwardBTC is a cryptocurrency signal service that operates primarily through Telegram. It specializes in providing trading signals for platforms like Bitget and ByBit. The team, based in Switzerland, has over three years of experience in the crypto market and focuses on technical analysis, primarily using support and resistance levels.

Subscribers receive clear and actionable trading signals with defined entry and exit points. These signals cover various trading strategies, including swing trades and scalping. The service also offers automated trading through a bot and leverages trading with typical leverage ranging from 5x to 10x.

OnwardBTC claims a success rate of 80-85% for its signals, making it a trusted choice for many traders. Transparency is a key aspect, as the service shares both successful and unsuccessful trades. They provide performance data through a public performance sheet, ensuring accountability. The channel has grown to include over 4,000 members, and it offers nine specialized channels tailored to different trading styles and preferences.

For new users, they offer a free trial in partnership with ByBit and Bitget. To access this trial, users must sign up on ByBit using a referral link, deposit funds, and share their account details with OnwardBTC. This trial provides full access to the service, allowing potential subscribers to assess its value before committing.

Customer support is available 24/7, and the team is highly responsive, assisting users with technical analysis, bot setups, and general trading queries. The service aims to build a strong trading community through its VIP chat and regular market analyses.

Pros

  • High signal accuracy (80-85%) with clear entry/exit points
  • Offers a 30-day free trial via ByBit partnership
  • Transparent performance reporting, showing both successes and failures
  • Specialized channels catering to various trading strategies
  • 24/7 responsive customer support and active trading community

Cons

  • Heavy reliance on leverage trading, which increases risk
  • Requires ByBit or Bitget registration and deposit for free access

11. CoinCodeCap

CoinCodeCap

CoinCodeCap is a popular platform that provides crypto trading signals. They include key details like entry prices, profit targets, and stop-loss points. The signals are based on deep market research and analysis, focusing on giving fewer but higher-quality tips.

The platform offers various types of signals, such as spot, futures, and NFT trading signals. This variety helps traders with different styles and strategies. The signals are sent through Telegram, so you can act quickly when the market changes. CoinCodeCap also supports automated trading with a tool called the Cornix bot. This bot lets you trade automatically, saving time and effort for traders who prefer less manual work.

CoinCodeCap not only gives signals but also helps traders learn and grow. They share live market updates on YouTube and explain technical charts when needed. Their subscription plans start with $499 lifetime access for crypto signals and $599 for NFT signals, so you can choose what fits your needs. If you are not satisfied, they offer a 7-day money-back guarantee.

Pros

  • Signals are well-researched, ensuring accuracy and profitability
  • Integrates with the Cornix bot for hands-free trading
  • Clear instructions and multiple signal types for all experience levels
  • Offers different subscription plans and a 7-day money-back guarantee
  • Signals are delivered instantly via Telegram for quick action

Cons

  • Lifetime subscription costs may be expensive for casual traders
  • No free signals and requires payment to access services

12. Bitcoin Bullets

Bitcoin Bullets

Bitcoin Bullets is another notable crypto signals provider. This platform is accessible through Telegram and focuses on delivering accurate and actionable trading signals for cryptocurrencies like Bitcoin and altcoins. Bitcoin Bullets is designed to support short-term, mid-term, and long-term trading strategies.

The service is particularly valued for its high level of accuracy, with reported success rates exceeding 75%. Both free and VIP memberships are available. Free users can access daily market analyses and occasional trading insights, while VIP members benefit from a more comprehensive service. VIP perks include detailed trade signals with precise entry and exit points, stop-loss recommendations, and profit targets

Additionally, VIP users with $240/month gain exclusive access to daily scalping levels and market updates before they are widely shared. The platform does not support automated trading bots, requiring users to manually execute trades based on the signals.

With over 39,200 subscribers, the channel has established itself as a reliable resource for cryptocurrency trading signals. The service is particularly popular among traders who prefer manual trading and want to improve their skills using expert guidance. The ratings for Bitcoin Bullets are strong, with scores above 7 out of 10 for support, education, and price performance. This highlights its well-rounded approach to crypto trading assistance.

Pros

  • Offers a success rate of over 75%, making it a reliable source for trading signals
  • Daily market insights and detailed trade signals
  • Supports short-term, mid-term, and long-term trades
  • Active interaction among members for learning and sharing tips
  • Fast and helpful assistance for all members

Cons

  • Does not support trading bots; traders must manually execute trades
  • Free members get limited access to premium market insights
  • The educational content may not be as extensive as some other platforms​

13. CryptoSignals.org

CryptoSignals.org

CryptoSignals.org is a popular service that provides trading signals to help cryptocurrency traders make informed decisions. Established in 2014, it has gained a reputation for offering reliable signals based on detailed technical and fundamental analysis. The platform is accessible to both new and experienced traders, with its signals designed to guide users in entering and exiting trades effectively.

The service offers free and paid subscriptions. Free users can access a few signals, which are typically shared through its Telegram group. These signals often cover popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA). Premium subscribers, however, gain access to more frequent and detailed signals, which include specific entry prices, stop-loss levels, and take-profit targets. 

The premium plans start at around £42 per month and come with a 30-day money-back guarantee, ensuring a risk-free trial for those hesitant to commit.

They employ artificial intelligence and machine learning algorithms to analyze market trends, aiming to deliver signals with high accuracy. Reports suggest that their trading signals yield average monthly gains between 30% and 40%, although this figure can vary depending on market conditions and user execution strategies. In addition to signals, the platform emphasizes education. It provides resources to help users understand trading strategies.

Pros

  • Offers signals with reported success rates of 75-90%
  • Provides free market analyses and guides, making it suitable for beginner traders
  • Combines human expertise with AI-driven analysis to enhance accuracy
  • Premium plans start at £42/month, with a money-back guarantee​
  • Offers some free signals, allowing users to test the service before subscribing

Cons

  • Free users get fewer signals, which might not suffice for active traders​
  • Users must manually monitor trades to implement signals effectively

14. 3Commas

3Commas

3commas offers advanced tools like automated bots, smart trading features, and signal integrations that help traders make better decisions. For crypto signals, You receive notifications from crypto analysts about when and which coin to buy or sell.

The platform integrates seamlessly with major crypto exchanges like Binance, Coinbase, KuCoin, and many others, enabling users to manage their trades from one interface. Through its automated bots – such as the Dollar-Cost Averaging (DCA) bots, Grid bots, and the newer Signal bot – users can create strategies that execute trades automatically based on specific conditions. 

The Signal bot, for instance, allows users to customize alerts, manually or automatically approve signals, and view a detailed history of signal activities, offering both control and transparency. Beginners benefit from tools like paper trading to practice strategies without risking real money, while experienced traders can use features like TradingView integrations to create highly complex strategies.

The platform is praised for its simplicity and powerful features. Users report earning steady returns, with some achieving annual profits of 15–30% using DCA bots, as long as they use proper risk management. Additionally, 3Commas emphasizes safety by enabling users to connect accounts securely via API without giving direct access to funds.

Pros

  • Lets you trade automatically, saving time and effort
  • Works with many popular crypto exchanges for easier access
  • Allows setting up an advanced trading strategy
  • Easy for beginners to start, with features like practice trading
  • Can help generate consistent profits with proper management

Cons

  • Costs money for premium marketplace signals, which may not suit everyone
  • Takes time to learn and use all the advanced tools effectively
  • Requires trust in API connections for account security

15. Jacob Crypto Bury

Jacob Crypto Bury

Jacob Crypto Bury, also known as Jacob Bury, is a well-known figure in the cryptocurrency space. He became interested in crypto during the COVID-19 pandemic while in the Philippines in March 2020. Since then, he has built a reputation as a technical analyst, blockchain investor, and educator. His work is highly visible through his YouTube channel, which has over 47,000 subscribers, and his active presence on platforms like Discord.

Jacob is known for providing actionable crypto trading signals. These signals are shared with his followers through various subscription-based tiers. His offerings cater to different trading needs, ranging from beginner-friendly tips to advanced strategies. The signals include insights into market trends, early access to presales, white listings, and initial coin offerings (ICOs). His top-tier package even includes personalized mentorship.

Jacob also manages an exclusive Discord community, which acts as a hub for traders to exchange ideas, receive support, and refine their strategies. The community offers 24/7 assistance, educational resources, and live sessions. A notable feature of his platform is the free e-book he provides to subscribers, offering comprehensive insights into crypto trading and blockchain technology.

His focus extends beyond just signals. Jacob actively educates his audience about price analysis, DeFi projects, and the latest crypto trends. His content includes market analyses, price predictions, and tips for navigating volatile markets.

Pros

  • Provides crypto signals, tailored for different trading levels, including early access to ICOs and presales
  • Offers a 24/7 Discord community with expert advice and shared strategies
  • Includes a free e-book, live classroom sessions, and mentorship options for in-depth learning
  • Known for actionable insights and a strong social media presence with 47K+ YouTube subscribers

Cons

  • Most valuable resources and signals require paid subscriptions
  • Continuous value depends on staying subscribed

16. Wall Street Queen

Wall Street Queen

Wall Street Queen is a popular crypto signals group, primarily known for its Telegram channel with over 193,000 subscribers. These signals typically include critical trading details like entry points, stop-loss levels, and target prices, which cater to traders of different experience levels. Wall Street Queen also provides market analysis and updates on major cryptocurrencies like Bitcoin and Ethereum.

The service claims an accuracy rate of over 96%, with reports of significant returns, though such claims should be approached with caution as independent verification is often lacking. Their signals are designed for diverse trading strategies, including day trading and long-term investments. They also offer educational resources to improve users’ trading knowledge.

Wall Street Queen operates on a subscription model. Users can access some content for free, but the premium service, which costs $150 per month or a one-time lifetime fee of $1,000, offers additional features like VIP-only signals, market insights, and trading guides. Premium members gain access to detailed leverage recommendations and exclusive updates.

Despite its appealing features, some skepticism exists about the platform’s transparency. Critics point out that the identity of the person behind Wall Street Queen remains unclear, and evidence supporting its performance claims is limited. There is also concern about the possibility of involvement in pump-and-dump schemes or exaggerated marketing tactics.

Pros

  • Advertises a 96% accuracy rate, potentially benefiting traders seeking precise signals
  • Provides entry points, target prices, stop-loss levels, and leverage recommendations
  • Caters to day traders and long-term investors
  • Over 193,000 Telegram followers indicate a significant user base and engagement

Cons

  • No verifiable identity for the team or proof of performance, raising doubts
  • Premium membership is expensive at $150/month or $1,000 lifetime
  • Concerns over pump-and-dump schemes

What Are Crypto Signals?

Crypto signals are suggestions or trading tips to help you decide when to buy, sell, or hold cryptocurrencies. These signals are created either by experienced traders or through automated tools using technical and fundamental analysis.

There are two main types: manual and automated signals. Manual signals are created by experts who study market trends and news. Automated signals come from algorithms that analyze data such as price movements and volume.

How Do Crypto Signals Work?

Crypto signals work by analyzing the cryptocurrency market to identify profitable trading opportunities. They are usually created through two main approaches: human expertise and automated tools. Expert traders manually study charts, market trends, and news to generate signals. 

They may track patterns like support and resistance levels or respond to breaking news that impacts prices. Automated systems, on the other hand, rely on algorithms and machine learning to scan the market for trends and technical indicators like moving averages or RSI (Relative Strength Index).

When a trading opportunity arises, a signal is sent to traders, often through apps, Telegram, or email. Crypto signals typically include key details such as the cryptocurrency to trade, the entry price (when to start the trade), the stop-loss level (to limit losses), and the take-profit target (when to close the trade for a profit). 

For example, a signal might recommend buying Bitcoin at $100,000, setting a stop-loss at $99,500, and selling at $101,000 for profit. Some signals are valid only for a short period due to the volatile nature of the crypto price.

How to Choose the Best Crypto Signals Group

Win Rate and Accuracy 

When choosing the best crypto signals group, start by looking at their win rate and accuracy. A win rate shows how often the group’s signals lead to profitable trades. Many groups claim high accuracy, such as 80% or even 95%. However, these numbers can be misleading without proof.

Ask for detailed reports or verified results to confirm their claims. Reliable groups often share performance data publicly. Accurate signals are crucial because even one bad signal can lead to significant losses in volatile crypto markets. Always research independently to ensure their accuracy is genuine.

Frequency of Signals 

The frequency of signals is also important. Some groups provide a high number of signals daily, while others focus on quality over quantity. Day traders might prefer frequent signals to take advantage of short-term opportunities. In contrast, long-term investors might need fewer but well-researched signals. 

A good group strikes a balance, giving enough signals to stay active but not overwhelming its members. Consistent updates on market trends and trade setups also reflect professionalism. Always check if the group provides signals at a pace suitable for your trading style and availability.

Supported Exchange and Trading Strategies

Different crypto signals groups support different cryptocurrency exchanges, like Binance, KuCoin, or Bybit. Check if your preferred exchange is covered. Some groups specialize in futures trading with leverage, while others focus on spot markets. 

Advanced traders may need signals for margin trading, while beginners might prefer simple buy-and-sell setups. The best groups adapt to various strategies, including scalping, swing trading, or long-term investments. Understanding the group’s focus helps you decide if it matches your goals. Look for flexibility, as this shows they can cater to diverse traders.

Fee and Pricing 

Crypto signal services often charge a subscription fee. This can range from $30 per month to over $150 for premium plans. Some groups offer free trials or basic services, which can help you test their quality before committing. Expensive does not always mean better. 

Compare the price with what is offered, like the number of signals, accuracy, and additional features such as market analysis or one-on-one support. Avoid groups that demand large upfront payments without proof of their credibility. Transparent pricing and clear refund policies are signs of a trustworthy service.

User Reviews and Reputation 

User reviews and reputation matter a lot. Search for reviews on platforms like Trustpilot, Reddit, or Telegram discussions. Positive feedback often highlights good performance, transparency, and helpfulness. However, beware of overly positive reviews that seem fake. 

Negative reviews can reveal hidden issues, like unresponsive admins or inaccurate signals. Reputation is built over time, so check how long the group has been active. Established groups with a large user base are usually more reliable. Peer recommendations can also help you find groups with a strong track record.

Community Engagement and Support

The best crypto signal group values its community. Look for groups with active chats where members share ideas and learn together. The admin team should respond quickly to questions or concerns. Some groups offer additional support, like educational materials, webinars, or personalized advice

This shows they care about helping members grow as traders. Community engagement also creates trust. Active discussions about signals, market trends, and strategies can enhance your trading knowledge. A supportive community is an added benefit that sets the best groups apart from others.

Free vs. Paid Telegram Crypto Signal Channels

Free crypto signal channels are suitable for beginners who want to experiment without financial commitment, but the quality is often unpredictable. Paid channels, while costly, provide better accuracy, comprehensive support, and professional insights, making them more reliable for serious traders.

Free Crypto Signal Channels Paid Crypto Signal Channels
Cost Free of charge, but quality may vary Requires a subscription fee, often ranging from $30 to $150 per month depending on the provider
Signal Quality Generally inconsistent, may include signals from unreliable sources or beginners High-quality signals curated by experienced traders or advanced algorithms
Accuracy Lower Higher accuracy rates due to more rigorous analysis and testing
Detail of Information Basic signals with limited details, such as buy/sell points. Comprehensive signals including entry points, stop-loss levels, take-profit targets, and risk analysis
Frequency of Signals Often irregular or infrequent Regular and timely signals, often multiple times per day
Additional Features Rarely includes extras like educational content or market analysis Often includes bonus content such as trading strategies, tutorials, and market reports
Support Limited or no customer support Dedicated customer support and sometimes one-on-one guidance
Community May have a less active or unmoderated community Active and moderated communities with professional insights
Transparency Less transparent about success rates or signal sources Transparent about track records and methods, often showing historical performance data
Risk Management Minimal focus on risk management Strong emphasis on managing risks with stop-loss and position-sizing advice

How to Join a Crypto Telegram Signals Group?

Joining a crypto Telegram signals group is simple and quick. Here is a step-by-step guide:

  1. Download and Set Up Telegram: Download and set up Telegram on your phone or computer if you don’t already have it. Create an account using your phone number. 
  2. Join a Crypto Telegram Group: To join a crypto Telegram signals group, start by identifying a reliable one. Search for groups with positive reviews and proven track records on platforms like Reddit, Trustpilot, or crypto review websites like NFTevening. Avoid groups with vague claims or no transparency. Check if they offer free trials or demo signals to test their accuracy.
  3. Access the Group: Look for the group’s official website or social media for the invite link. Paid groups will require payment, typically in cryptocurrencies or through other methods, before granting access. Follow all instructions provided carefully.
  4. Understand Group Rules: Once inside, check pinned messages or guidelines. These provide instructions on using signals effectively and outline group policies. Notifications are essential, as signals are often time-sensitive.
  5. Start Trading Cautiously: Begin with small amounts to test the signals’ reliability. Use risk management tools like stop-loss orders to protect your investments. Always combine signals with your analysis to make informed decisions. This cautious approach will help you trade more effectively while minimizing risks.

Most Popular Trading Strategies on Telegram Signal Groups

Among the many approaches shared in these groups, three popular strategies are widely discussed: Long-Term Strategy (HODL), Short-Term Strategies, and Leverage Trading.

Long-Term Strategy (HODL)

The term “HODL” means holding onto a cryptocurrency for an extended period, regardless of market volatility. This strategy is ideal for those who believe in the long-term growth of a cryptocurrency like Bitcoin or Ethereum. In Telegram groups, discussions about HODL focus on picking the right coins, understanding market cycles, and patience.

HODLers often look for coins with strong fundamentals, such as a high market cap or innovative technology. For instance, Bitcoin is considered a safe option due to its history of growth. Many HODLers aim to hold through market crashes, trusting that prices will recover over time. 

Telegram signals in this strategy emphasize buying during market dips to maximize profits when the price rises. Some groups also provide updates on major market events, like halving or regulation changes, which impact long-term prices.

Short-Term Strategies

Short-term trading involves buying and selling cryptocurrencies within hours or days to profit from small price movements. Telegram groups that focus on short-term strategies provide frequent signals, helping traders act quickly.

For example, scalping is a popular short-term method where traders make small profits multiple times daily. Other techniques include crypto day trading and swing trading, where traders hold positions for a few days. 

Short-term traders rely on technical analysis tools, like moving averages and RSI (Relative Strength Index), which are often discussed in Telegram groups. This strategy requires quick decisions and constant market monitoring, which these groups help facilitate.

Leverage Trading

Leverage trading involves borrowing funds to increase the size of a trade. Telegram crypto signal groups dedicated to leverage trading offer detailed signals, risk management advice, and updates on leverage levels. Popular crypto exchanges like Binance or Bybit often provide leverage options ranging from 2x to 100x, meaning traders can trade with 2 to 100 times their capital.

For instance, a trader with $100 using 10x leverage can trade as if they had $1,000. However, this method is risky because even small market changes can lead to significant losses. 

Telegram signals for leverage trading focus on tight stop-loss levels to minimize risks. These groups also explain the concept of liquidation, where a trader’s position is closed if the market moves against them beyond a certain point.

Conclusion

In conclusion, finding the best crypto signals can help you trade smarter and make better decisions in the crypto market. Platforms like Binance Killers and Fat Pig Signals provide accurate signals and tools for both beginners and experienced traders. Services like Fed Russian Insider and Bitcoin Bullets are great for detailed insights, while options like 3Commas offer advanced bots for automated trading.

Each platform has its strengths, such as high success rates, free trials, and educational resources. However, factors like pricing, transparency, and trading strategies should guide your choice. Free options are good for beginners, but premium plans often deliver more reliable and frequent signals.

Ultimately, the best cryptocurrency signals depend on your trading style, budget, and goals. Take time to compare features and start with free trials or basic plans to see what works best for you.

FAQs

Are free crypto signals as good as paid ones?

Free crypto signals are usually not as reliable as paid ones. Paid signals come from expert traders or advanced algorithms that offer well-researched insights. Free signals, however, may lack accuracy and consistency. They often come from inexperienced traders or automated systems without proper validation. 

Paid services also include detailed guidance, risk management tips, and additional resources like market analysis. Free signals may not provide these features. If you’re a beginner or trading with small amounts, free signals might be a starting point. However, for serious and consistent trading, paid signals are often worth the investment due to their quality and reliability.

How often should I follow trading signals?

How often you follow trading signals depends on your trading style and goals. Active traders, like day traders, may use signals several times a day to capitalize on short-term market changes. Long-term investors might use them less frequently, focusing only on major market movements or significant opportunities. 

It’s essential to prioritize quality over quantity. Following too many signals without analysis can lead to confusion or unnecessary losses. Always use trading signals alongside your research. Review each signal’s details, like stop-loss and take-profit levels, to decide if it aligns with your strategy and risk tolerance.

What is the best crypto signals app?

The best crypto signals app is Telegram, as it hosts many crypto signals groups and channels. Groups like Binance Killers and Fat Pig Signals are popular among traders. These channels provide signals with detailed instructions.

Binance Killers is well-known for its focus on Binance-compatible trades. It shares frequent signals, including leverage trading opportunities, and offers detailed explanations for its recommendations.

Fat Pig Signals is another widely respected group. It provides high-quality signals for major cryptocurrencies and focuses on minimizing risks. Both groups offer timely updates, ensuring traders can act quickly in a fast-paced market. Telegram’s convenience, combined with active communities and real-time alerts, makes it a favorite app for traders.

Which crypto trading signals are most accurate?

The accuracy of crypto signals depends on the provider. Groups like Binance Killers, Fat Pig Signals, Learn2Trade, Wall Street Queen, and CryptoSignals.org are well-known for their high accuracy. They use a mix of technical analysis, market trends, and expert insights. 

The most accurate signals include clear instructions, like entry and exit points, stop-loss levels, and take-profit targets. Transparency in success rates is another sign of reliable signals. No provider guarantees 100% accuracy, but those with a proven track record and detailed reports on past performance are the most trustworthy.

Is it worth buying paid crypto signals?

Paid crypto signals can be worth it if you want reliable and well-researched trading advice. They save time by providing detailed insights on when to buy or sell, helping both beginners and experienced traders. Paid services often include additional features like market analysis, risk management tools, and one-on-one support. 

While no signal guarantees profit, high-quality paid providers have better accuracy than free ones. For traders with little time for market research or those seeking consistency, paid cryptocurrency signals are a good investment. However, always verify the provider’s track record and start with a small subscription, like monthly.

What is the best Binance crypto trading indicator?

The best Binance trading indicator depends on your strategy. The Moving Average (MA) is great for identifying trends. It smooths out price data and helps you decide on entry and exit points. The Relative Strength Index (RSI) measures market momentum and shows whether a coin is overbought or oversold.

Bollinger Bands are useful for spotting volatility and potential breakouts. For advanced analysis, the Fibonacci Retracement tool identifies support and resistance levels. Combining multiple indicators often provides the best results. Experiment with a few to find what aligns with your trading style, and always backtest your strategy.

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11 Best P2P Crypto Exchanges for Secure & Fast Transactions https://nftevening.com/best-p2p-crypto-exchanges/?utm_source=rss&utm_medium=rss&utm_campaign=best-p2p-crypto-exchanges Mon, 23 Dec 2024 12:49:43 +0000 https://nftevening.com/?p=143746 If you love crypto but want to stop using the big, centralized exchanges that set their own terms, the best P2P crypto exchanges offer a secure and fast way to

The post 11 Best P2P Crypto Exchanges for Secure & Fast Transactions appeared first on NFT Evening.

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If you love crypto but want to stop using the big, centralized exchanges that set their own terms, the best P2P crypto exchanges offer a secure and fast way to trade cryptocurrencies without relying on them. With the demand for decentralized trading exploding exponentially, P2P crypto exchanges can bring a long list of benefits to the table that you might not get anywhere else.

In this deep dive into the best P2P crypto exchanges, we’ll explore their features, break down the pros and cons for each one, and give you all the information you’ll need to choose the best one for your needs. There’s a lot to cover, so let’s dig in.

Best P2P Crypto Exchanges in 2025

  1. Binance P2P: Best for extensive payment options and global users
  2. Paxful: Best for financial inclusivity with diverse payment methods
  3. KuCoin P2P: Best fast transaction speeds
  4. BitValve: Best for privacy and multi-currency trading
  5. Remitano: Best for beginner-friendly interface and secure trades
  6. Hodl Hodl: Best for decentralized and non-custodial trading
  7. Bisq: Best for open-source trading
  8. Huobi P2P: Best for high liquidity and competitive fees
  9. Bybit P2P: Best for integration with advanced trading tools
  10. OKX P2P: Best for competitive fees and a wide range of supported cryptocurrencies
  11. WazirX P2P: Best for seamless fiat-to-crypto transactions in emerging markets

11 P2P Crypto Exchange Reviewed

1. Binance P2P

Binance P2P

One of the biggest names in P2P crypto around the world, Binance P2P supports over 350 payment methods, including local bank transfers, mobile payments, cash deposits, and crypto payments, providing unmatched flexibility for transactions.

The platform supports several fiat currencies and a wide variety of cryptocurrencies. The result is an incredibly diverse trading experience. By leveraging Binance’s global network and liquidity, P2P users gain access to advanced tools, low fees, and a highly active marketplace.

Pros

  • Wide range of supported cryptocurrencies and fiat currencies.
  • Robust escrow system for secure transactions.
  • Integration with the Binance ecosystem for advanced trading features.
  • Access to a large and active global user base.
  • Competitive trading fees compared to other P2P platforms.

Cons

  • Requires KYC verification, which limits anonymity.
  • The interface may be overwhelming for novice users due to its extensive features.
binance-logo-2

User Score

10

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2. Paxful

Paxful

Paxful is a widely recognized P2P crypto exchange known for its extensive payment method options and commitment to financial inclusivity. Paxful’s global reach and emphasis on accessibility have made it a popular choice for users in regions with limited access to traditional banking services.

At the core of Paxful’s service is a secure escrow system that ensures trades are conducted safely. Buyers and sellers can negotiate terms directly, using one of literally hundreds of payment options, giving users more control over their transactions. With a focus on creating a user-friendly environment, Paxful is ideal for both novice users and experienced traders.

Pros

  • Escrow system ensures secure and transparent transactions.
  • User-friendly platform with educational resources for beginners.
  • Active customer support to assist with trade disputes.
  • It is ideal for regions with limited banking infrastructure.

Cons

  • Limited selection of cryptocurrencies compared to other platforms.
  • Trading fees are higher for specific payment methods.

3. KuCoin P2P

KuCoin

KuCoin P2P offers a secure and efficient way to trade cryptocurrencies directly with other users, leveraging KuCoin’s robust infrastructure and global reputation. The platform supports a variety of fiat currencies and cryptocurrencies, including Bitcoin, Ethereum, and Tether, making it a versatile option for traders.

KuCoin P2P is known for its fast transaction speeds and low trading fees, appealing to users who trade frequently. The marketplace is also enhanced by features such as chat functionality, enabling buyers and sellers to communicate directly. On top of all that, the KuCoin exchange platform is able to integrate easily with the wider KuCoin ecosystem, creating a bridge to more advanced trading tools and deeper liquidity pools.

Pros

  • Supports multiple fiat currencies and tons of cryptos.
  • Low transaction fees and high transaction speed.
  • Escrow service ensures secure trades.
  • Chat feature facilitates direct communication between traders.

Cons

  • Requires KYC verification.
  • Smaller user base compared to platforms like Binance P2P.
Kucoin logo

User Score

9.3

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4. BitValve

BitValve

BitValve is a rising star in the P2P crypto exchange space, offering innovative features and a focus on multi-currency trading. Unlike many P2P platforms, BitValve supports both fiat-to-crypto and crypto-to-crypto transactions, providing users with greater flexibility.

The platform’s user-friendly design and competitive fee structure attract traders of all experience levels, while its emphasis on privacy makes it a standout option for those seeking decentralized transactions. One of BitValve’s key features is its escrow service, which ensures secure trades by holding funds until both parties meet the agreed terms. The platform also supports a wide range of payment methods, including local bank transfers and cash payments.

Pros

  • Supports both fiat-to-crypto and crypto-to-crypto transactions.
  • Escrow service ensures secure and transparent trades.
  • User-friendly design and competitive fees.
  • Emphasis on privacy and decentralized trading.
  • Wide range of payment methods, including cash payments.

Cons

  • Limited selection of supported cryptocurrencies.

5. Remitano

Remitano

Remitano is a user-friendly P2P crypto exchange designed to cater to beginners and experienced traders alike. Its platform emphasizes secure and fast transactions, supported by an escrow system that protects both buyers and sellers. Remitano is particularly popular in emerging markets, offering localized payment options and support for multiple fiat currencies. The simple, intuitive interface design means that even the freshest crypto noobs will be able to find their way around.

On top of the user-friendly interface, Remitano provides access to customer support available 24/7 to help mediate and resolve disputes and ensure the smoothest trade possible for all parties involved.

Pros

  • Beginner-friendly interface ideal for new traders.
  • Wide range of localized payment options.
  • Escrow service ensures secure transactions.
  • 24/7 customer support for trade disputes.

Cons

  • Limited crypto selection.
  • Comparatively higher fees.

6. Hodl Hodl

Hodl Hodl

Hodl Hodl is a decentralized P2P crypto exchange that puts privacy and security first, by operating entirely without custodial wallets. The platform ensures users retain control of their funds throughout the trading process, relying on multi-sig escrow to transact in a secure environment.

With its straightforward design and support for various fiat currencies, Hodl Hodl caters to a global audience. The platform is particularly appealing to global traders who value decentralization and direct transactions. There’s also a public offers section, where users can find trades tailored to their exact preferences quickly and easily.

Pros

  • Decentralized, non-custodial platform.
  • No KYC verification needed.
  • Multi-sig escrow for enhanced security.
  • Global accessibility with support for multiple fiat currencies.

Cons

  • Smaller user base and trade pool.
  • Limited crypto options.

7. Bisq

Bisq

Bisq is a decentralized and privacy-focused P2P crypto exchange that offers a secure and censorship-resistant way to trade cryptocurrencies. As an open-source platform, Bisq allows users to retain full control of their funds by operating without custodial wallets.

Bisq’s emphasis on privacy means no KYC verification is required, making it a popular choice for users seeking anonymity. Trades are secured through a multi-signature escrow system and a robust dispute resolution mechanism, ensuring safe transactions.

The platform supports a wide range of cryptocurrencies and fiat currencies, making it highly versatile for global users. With its commitment to decentralization and privacy, Bisq is also ideal for anyone who prioritizes security and autonomy.

Pros

  • Fully decentralized and open-source platform.
  • No KYC verification needed.
  • Supports a wide range of cryptocurrencies and fiat currencies.

Cons

  • Smaller user base compared to centralized exchanges.
  • Decentralized transactions are typically slower.

8. Huobi P2P

Huobi

Huobi P2P, also known as HTX is a reliable platform for secure and fast peer-to-peer trading, backed by the reputation of the Huobi ecosystem. With a user-friendly interface, Huobi caters to both beginners and experienced traders, offering support for a variety of cryptocurrencies and fiat currencies. The platform integrates an escrow service to ensure the security of transactions, protecting both buyers and sellers.

Huobi P2P also provides competitive fees and high liquidity, making it an attractive option for traders looking for efficient transactions. Its robust security measures, including two-factor authentication and identity verification, ensure a secure trading environment.

Pros

  • High liquidity for fast and efficient transactions.
  • Secure escrow system and robust security features.
  • Supports multiple cryptocurrencies and fiat currencies.
  • Integration with the Huobi ecosystem.

Cons

  • KYC verification is required to use the platform.
  • Significant focus on Asian markets, though it is accessible globally.

9. Bybit P2P

Bybit

Known for its intuitive user interface, Bybit P2P supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Tether. The platform also offers multiple fiat currency options, catering to traders worldwide.

Bybit P2P is a feature-rich platform designed for secure and efficient peer-to-peer trading. Bybit’s strong liquidity and competitive fees make it a standout choice for both casual and frequent traders. With a focus on security, speed, and user experience, Bybit P2P is a solid option for anyone looking for a reliable and versatile platform.

If you want to explore further about the whole Bybit exchange, check out our detailed Bybit review.

Pros

  • Competitive fees and strong liquidity.
  • Escrow service ensures secure transactions.
  • Integration with Bybit’s advanced trading tools.

Cons

  • Certain transactions will require KYC verification.
  • Payment options are limited compared to other platforms.
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User Score

9.7

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10. OKX P2P

OKX

OKX P2P combines robust security measures with a user-friendly interface, making it a trusted choice for peer-to-peer crypto trading. The platform supports numerous cryptocurrencies and fiat currencies, catering to users in a variety of regions. Its escrow system ensures the security of transactions, protecting both buyers and sellers from potential risks.

OKX P2P has a particularly competitive fee structure, offering low or zero transaction fees for certain trades. The platform also provides multiple payment options, including bank transfers and e-wallets, allowing for flexible and efficient trading. With its focus on secure transactions and accessibility, OKX P2P is a great choice for a P2P exchange.

Pros

  • Competitive or zero transaction fees.
  • Escrow service for secure trades.
  • Multiple payment options for flexibility.
  • Supports a wide range of cryptos and fiats.

Cons

  • Full platform access requires KYC verification.
  • The interface can be complex and overwhelming for novices.
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User Score

10

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11. WazirX P2P

WazirX

WazirX P2P is a popular platform for fiat-to-crypto trading, especially in emerging markets like India. The platform’s straightforward design and fast transaction speeds make it an excellent choice for users seeking efficient trades.

WazirX P2P supports a wide variety of fiat currencies and is known for its innovative auto-matching feature, which pairs buyers and sellers seamlessly. WazirX P2P is integrated into the WazirX ecosystem, offering access to additional trading tools and features.

Pros

  • The auto-matching feature simplifies the trading process.
  • Supports a wide range of fiat currencies.
  • Escrow service ensures secure transactions.
  • Fast transaction speeds for efficient trading.

Cons

  • Limited cryptocurrency options compared to larger platforms.
  • Requires KYC verification for all trades.

Best P2P Crypto Exchanges Comparison

Exchange Fees KYC Requirements Cryptos Supported Payment Methods Unique Features
Binance P2P 0-0.35% (No platform fees for most trades, minor external fees possible) Yes 350+ Bank transfers, e-wallets, cash payments, crypto Integrated with the Binance ecosystem
Paxful Varies (1-5% depending on payment method, no buyer fees) Depends on country Bitcoin, select others Bank transfers, e-wallets, cash payments, crypto Highly inclusive for unbanked regions
KuCoin P2P Low (close to 0%, external payment fees may apply) Yes 20+ Bank transfers, e-wallets Chat feature for communication
BitValve 0.5% per transaction, minor external processing fees possible No Wide range Bank transfers, cash payments Privacy-focused and multi-currency
Remitano 1% per transaction, additional fees for specific methods Yes Limited selection Localized methods Beginner-friendly interface
Hodl Hodl No platform fees, though network fees apply No Bitcoin only Bank transfers, cash payments Decentralized
Bisq No platform fees, but network fees and refundable deposits required No Wide range Varies Privacy-focused and open-source
Huobi P2P Low (no platform fees, minor external processing fees) Yes Multiple Bank transfers, e-wallets High liquidity
Bybit P2P No platform fees, although external payment processor fees are possible Yes 20+ Bank transfers Integration with Bybit tools
OKX P2P Zero or minimal platform fees, but external processing fees may apply Yes Multiple Bank transfers, e-wallets Competitive or zero fees
WazirX P2P Zero platform fees, but payment provider fees are possible Yes Bitcoin, few others Bank transfers Auto-matching for buyers and sellers

How to Choose The Best P2P Crypto Exchange?

If you’re looking for the best crypto exchanges for P2P transactions, it’s important to compare all of your options on equal footing. Take a look at the most important things to consider, and make sure you go through them all in the context of each exchange you may potentially use.

Security

Security is a top priority when choosing a P2P crypto exchange. Look for platforms with robust security measures like escrow services, two-factor authentication, and encryption.

Accessibility

A good P2P exchange should be accessible globally, supporting multiple regions and languages. This ensures you can trade regardless of your location, using local payment methods.

Liquidity

Liquidity affects how quickly and easily you can trade. Platforms with high liquidity offer faster transactions and better prices, with more buyers and sellers actively trading at any given time.

Available Cryptocurrencies

While some platforms focus on Bitcoin, others offer altcoins like Ethereum, Tether, and more, giving you diverse trading options.

Payment Methods

Choose a platform with a variety of payment methods, including bank transfers, mobile wallets, and cash payments. Localized options are especially useful in emerging markets.

Trading Fees

Examine the fee structure carefully. Some platforms charge zero fees, while others have seller or buyer fees that vary by payment method. Be aware of hidden costs, like external bank or payment processor fees, which can impact your overall trading costs.

User Interface

A user-friendly interface ensures a seamless trading experience. Look for platforms with clear navigation, easy access to escrow services, and helpful tutorials, especially if you’re a beginner.

Reputation

Research user reviews and platform ratings. Trustworthy exchanges often have positive feedback for reliability, customer support, and trade security.

Customer Support

Responsive customer support can resolve disputes or issues quickly. Choose a platform with 24/7 support to ensure smooth trading.

What is a Peer-to-peer crypto exchange?

A peer-to-peer crypto exchange, sometimes known simply as a P2P exchange, is a secure platform that helps facilitate direct transactions for crypto assets between two users, without requiring a central authority or intermediary.

P2P crypto exchanges are perfect for users who put a high value on decentralization, transaction flexibility, being able to use direct transactions for digital assets, and potential anonymity through no KYC user verification.

Types of P2P Crypto Exchanges

When navigating the P2P crypto space, you’ll typically find two types of crypto exchanges. Take a look at the differences so you’ll know which fits your needs best.

Crypto-to-Crypto Exchanges

Crypto-to-crypto P2P exchanges focus on enabling trades between different cryptocurrencies without involving fiat money. These platforms allow users to swap assets like Bitcoin for Ethereum or Tether directly, often with minimal fees. Crypto-to-crypto exchanges appeal to users who already hold cryptocurrencies and want to diversify their portfolios.

Fiat-to-Crypto Exchanges

Fiat-to-crypto P2P exchanges facilitate the conversion of fiat currencies, such as USD or EUR, into cryptocurrencies. These platforms connect buyers and sellers directly, offering diverse payment options like bank transfers, mobile wallets, and cash deposits. They provide an accessible entry point for newcomers to the crypto market.

P2P Platforms vs. Traditional Crypto Exchanges

P2P platforms connect buyers and sellers directly, enabling trades without intermediaries. This decentralized approach often results in lower fees, a wider range of payment methods, and greater privacy.

On the other hand, more traditional exchanges use a centralized exchange platform to help match trades through a conventional order book. They can offer higher liquidity and can even provide margin trading capabilities, they also require you to give up control over your funds.

How to Trade on a P2P Crypto Exchange

  1. Choose a Platform: Select a P2P exchange that supports your preferred cryptocurrencies and payment methods. Consider factors like security, fees, and reputation.
  2. Create an Account: Register on the platform and complete KYC verification if required. Some platforms may not need KYC.
  3. Browse Listings: Use filters to find suitable offers based on payment methods, currency, and price. You can also create your own listing to attract sellers or buyers.
  4. Initiate Trade: Select an offer and confirm the trade. The platform’s escrow service will secure the cryptocurrency until the payment is verified.
  5. Make Payment: Complete the payment using the agreed method, such as bank transfer or mobile wallet. Ensure you follow the platform’s instructions to avoid errors.
  6. Confirm Receipt: After the payment is confirmed, the escrow releases the cryptocurrency to your wallet.
  7. Leave Feedback: Provide a review to help future users gauge the reliability of the trader.

P2P Exchanges Fees

P2P crypto exchanges typically offer lower fees than traditional exchanges, but costs can vary depending on the platform and payment methods. Some platforms have no platform fees but may charge network fees for transactions, while others might charge sellers a small percentage of the total trade value. Also, the fees can be specific to certain payment methods, such as using gift cards that need to be processed or bank transfers that incur fees.

Taxes on P2P Exchanges 

Tax implications for P2P crypto trades vary by jurisdiction but generally follow the same principles as traditional exchanges. In most countries, profits from trading cryptocurrencies are subject to capital gains taxes. Some governments also require reporting of crypto transactions for compliance, whether those transactions resulted in gains or losses.

Platforms typically won’t directly handle tax reporting, instead leaving the responsibility to users. To ensure compliance, maintain detailed records of all trades, including transaction amounts, dates, and counterparties. Consulting a tax professional familiar with cryptocurrency regulations is advisable for managing liabilities and minimizing the risk of audit or other tax-based investigation or consequence.

FAQs

Are P2P crypto exchanges safe?

Yes, P2P crypto exchanges are generally safe when they use well-known security measures like escrow services and two-factor authentication.

Can I trade on P2P exchanges without KYC?

Some P2P crypto exchanges allow trading without KYC, putting privacy first. That said, there are plenty of P2P exchanges that do require KYC.

What are the benefits of using a P2P crypto exchange?

Generally speaking, P2P crypto exchanges can offer greater privacy and flexibility, along with far more diverse payment options and much lower transaction fees.

How are disputes handled on P2P platforms?

Disputes are resolved using the platform’s arbitration system. Escrow services secure funds until both parties agree, ensuring the fairest outcomes possible.

The post 11 Best P2P Crypto Exchanges for Secure & Fast Transactions appeared first on NFT Evening.

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Top 7 Binance Alternatives for 2025: Fees and Features Reviewed https://nftevening.com/best-binance-alternatives/?utm_source=rss&utm_medium=rss&utm_campaign=best-binance-alternatives Sat, 21 Dec 2024 12:00:20 +0000 https://nftevening.com/?p=143500 Binance alternatives are particularly appealing for traders prioritizing factors like robust security, broader cryptocurrency selections, or specific trading options such as futures or margin trading. These platforms cater to a

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Binance alternatives are particularly appealing for traders prioritizing factors like robust security, broader cryptocurrency selections, or specific trading options such as futures or margin trading. These platforms cater to a variety of users, from beginners needing user-friendly interfaces to experienced traders requiring high liquidity and advanced features.

In this guide we’ll explore the best Binance alternatives for 2025, focusing on platforms that offer competitive fees, extensive cryptocurrency support, and industry-leading security measures. We’ll review their key features, trading fees, and unique benefits to help you find the best exchange for your needs.

List of the Top 7 Binance Alternatives for 2025

  1. Coinbase Advanced Trade: Best for seamless trading with advanced tools and a user-friendly interface.
  2. Kraken: Best for secure trading with advanced options like margin and futures trading.
  3. KuCoin: Best for accessing a wide range of altcoins and community-driven features.
  4. eToro: Best for social trading and beginner-friendly investment tools.
  5. OKX: Best for real-time liquidity and competitive trading fees across a global platform.
  6. Bybit: Best for derivatives trading and innovative features like dual asset investments.
  7. Crypto.com: Best for integrating crypto into daily life with staking, rewards, and a crypto Visa card.

Top 7 Binance Alternatives for 2025 – Detailed Review

1. Coinbase Advanced Trade

Coinbase Advanced Trade

Coinbase Advanced Trade is a comprehensive platform tailored for both novice and experienced cryptocurrency traders. It offers a user-friendly interface combined with advanced trading tools, making it a compelling alternative to Binance.

Pros

  • Intuitive platform suitable for beginners and advanced traders.
  • High liquidity with access to over 550 trading pairs.
  • Advanced tools for technical analysis and charting.
  • Strong security measures, including insurance for USD holdings.
  • Regulated and compliant with U.S. financial laws.

Cons

  • Higher fees for low-volume traders.
  • Fewer altcoins compared to other platforms.

Features and Strengths

Coinbase Advanced Trade offers an array of features tailored to both novice and seasoned traders. The platform integrates advanced charting tools powered by TradingView, which include a wide range of indicators and customization options for analyzing market trends. Users can execute various order types, such as market, limit, and stop-limit orders, allowing for greater flexibility in trading strategies.

With access to over 550 market pairs, Coinbase Advanced Trade provides substantial liquidity and support for a diverse selection of cryptocurrencies. Its seamless integration with the Coinbase ecosystem allows users to effortlessly transfer funds between accounts, enhancing overall convenience.

Fee Structure

Coinbase Advanced Trade utilizes a maker-taker fee model that adjusts based on the user’s 30-day trading volume. For lower-volume traders, fees begin at 0.60% for takers and 0.40% for makers. Higher-volume traders enjoy reduced fees, with significant discounts available as trading volume increases.

While the fee structure is competitive, it may be less favorable for those trading smaller amounts compared to platforms with flat or lower fees. However, the platform’s transparent pricing and absence of hidden charges make it a trustworthy option for cost-conscious users.

Security Measures

Security is a top priority for Coinbase Advanced Trade. The platform employs robust measures, including two-factor authentication, biometric login options, and advanced encryption protocols. Most user funds are stored in offline cold storage to mitigate the risk of cyberattacks. Additionally, USD balances are insured up to $250,000, providing added peace of mind for users with fiat holdings.

Ideal For

Coinbase Advanced Trade is an excellent choice for traders of all experience levels. Beginners benefit from its straightforward interface and educational resources, while experienced traders appreciate its advanced tools and extensive asset selection. It is particularly well-suited for users seeking a reliable, secure, and versatile trading platform.

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User Score

9.8

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2. Kraken

Kraken

Kraken is a globally respected cryptocurrency exchange, known for its extensive range of trading options, competitive fees, and commitment to security. Established in 2011, it has become a go-to exchange for both individual and institutional investors.

Pros

  • Robust security features, including cold storage and regular audits.
  • Advanced trading options such as margin and futures trading.
  • Competitive fees for high-volume traders.
  • 24/7 customer support and reliable platform performance.

Cons

  • Advanced features may be overwhelming for beginners.
  • Limited availability of some services in certain regions.

Features and Strengths

Kraken supports over 200 cryptocurrencies, including popular assets and emerging altcoins. It offers advanced trading tools like margin trading with up to 5x leverage, futures contracts, and staking options. The platform also includes customizable interfaces through its Kraken Pro feature, which provides detailed market analysis tools.

Fee Structure

Kraken employs a competitive maker-taker fee model. Maker fees start at 0.16%, and taker fees at 0.26%, with reductions for high-volume traders. The Kraken exchange also provides fee-free deposits for most payment methods, including bank transfers.

Security Measures

Kraken is one of the most secure platforms, holding ISO 27001 certification for information security. It employs two-factor authentication, cold storage for most funds, and a Proof of Reserves audit system to ensure transparency and financial stability.

Ideal For

Kraken is ideal for experienced traders who require advanced features like futures and staking. It also appeals to institutional clients thanks to its deep liquidity and OTC (over-the-counter) services. While its interface might be challenging for beginners, the platform’s comprehensive resources and 24/7 customer support help mitigate learning curves.

Kraken

User Score

9.8

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3. KuCoin

KuCoin

KuCoin is one of the most popular cryptocurrency exchanges globally, recognized for its low fees, diverse range of cryptocurrencies, and innovative trading tools. Launched in 2017, KuCoin has gained a reputation as a go-to exchange for traders seeking a combination of accessibility and advanced features.

Pros

  • Wide variety of altcoins, including lesser-known tokens.
  • Community-focused features like token voting and rewards.
  • Low trading fees compared to competitors.
  • Passive income options like staking and lending.

Cons

  • Lacks regulatory compliance in some regions.
  • Customer support can be slow to respond.

Features and Strengths

KuCoin supports over 700 cryptocurrencies, ranging from major coins like Bitcoin and Ethereum to emerging altcoins and niche tokens. This extensive selection makes it an ideal choice for traders looking to diversify their portfolios or explore new investment opportunities. The platform also features innovative tools such as trading bots and copy trading, allowing users to automate strategies or learn from successful traders.

KuCoin excels in accessibility, offering a user-friendly interface for beginners alongside robust trading options like margin and futures trading for advanced users. Its mobile app has been widely praised for its functionality, enabling seamless trading on the go.

Fee Structure

KuCoin’s fee structure is highly competitive, with trading fees starting as low as 0.1% per transaction. Users can further reduce fees by using KuCoin’s native KCS token or participating in its tiered VIP program, which rewards high trading volumes with additional discounts. Deposit fees vary based on the payment method, while most withdrawals incur minimal costs.

Security Measures

KuCoin employs a combination of cold storage for user funds, two-factor authentication, and encryption to ensure financial security. This exchange has also created an insurance fund to compensate users in the event of a hack, demonstrating its commitment to protecting its community.

Ideal For

KuCoin is ideal for traders of all levels. Beginners benefit from its intuitive interface and helpful resources, while experienced traders appreciate the advanced tools and low fees. Whether you’re trading for a profit or investing long-term, KuCoin’s extensive features make it a strong Binance alternative.

Kucoin logo

User Score

9.3

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4. eToro

eToro

eToro is a multi-asset trading exchange that has gained prominence in the cryptocurrency space due to its innovative social trading features and accessibility. Founded in 2007, eToro has grown into a global network catering to both beginners and seasoned traders.

Pros

  • Social trading features, including copy trading for beginners.
  • Combines crypto with traditional asset trading options.
  • Intuitive platform designed for novice investors.
  • Regulated in multiple jurisdictions for user safety.
  • Offers educational resources for new traders.

Cons

  • Higher trading fees for crypto trades.
  • Relatively limited selection compared to other exchanges. 

Features and Strengths

eToro offers more than 30 cryptocurrencies, including Bitcoin, Ethereum, and XRP. What sets it apart is its CopyTrader feature, which allows users to replicate the strategies of top-performing traders. This is particularly useful for beginners or those looking to learn from experts without extensive research. Additionally, eToro offers a virtual portfolio with $100,000 in simulated funds, enabling users to practice trading risk-free.

Beyond cryptocurrencies, eToro supports multiple asset classes, including stocks, commodities, and ETFs, making it a versatile exchange for diversifying investments. The platform also features a mobile app with real-time alerts and a user-friendly interface for seamless trading.

Fee Structure

eToro charges a flat 1% fee on cryptocurrency transactions, which is higher than some competitors but includes the spread. This simplicity appeals to casual traders who want straightforward pricing. Deposits are free, but withdrawals and currency conversions may incur additional fees.

Security Measures

eToro is regulated by several financial authorities, including ASIC in Australia and FCA in the UK. It employs robust security measures, such as SSL encryption and segregated accounts for client funds. Its regulatory compliance ensures that users trade within a secure environment.

Ideal For

eToro is one of the best crypto app for beginners and casual traders who value simplicity and the ability to learn from others. Its social trading features and multi-asset capabilities also make it a good fit for those seeking a more interactive and diversified trading experience. Experienced traders may find the limited number of cryptocurrencies restrictive but benefit from its user-friendly tools and security.

5. OKX

OKX

OKX is a leading global cryptocurrency exchange known for its advanced trading tools, competitive fees, and a vast selection of cryptocurrencies. Established in 2017, this exchange caters to traders seeking high performance and innovative features.

Pros

  • Advanced features like perpetual swaps and options trading.
  • Integration with DeFi tools and dApps.
  • Excellent security measures, including cold storage and multi-factor authentication.

Cons

  • Limited availability in certain jurisdictions.
  • Less beginner-friendly compared to simpler platforms.

Features and Strengths

OKX supports over 350 cryptocurrencies, including major tokens like Bitcoin and Ethereum, as well as a variety of DeFi and NFT-related assets. Its offerings extend beyond spot trading to include margin trading, futures contracts, and staking options. Advanced tools such as trading bots and copy trading enable users to execute sophisticated strategies or learn from experienced traders.

The platform’s Proof of Reserves system enhances transparency by allowing users to verify that their funds are backed on a 1:1 basis. Additionally, OKX offers a seamless mobile app that includes real-time data, advanced charting, and custom notifications to keep traders informed on the go.

Fee Structure

OKX employs a maker-taker fee model with competitive rates. Maker fees start at 0.08%, while taker fees are 0.1%, with further discounts available for high-volume traders or users holding OKB, the platform’s native token. This exchange does not charge for most deposits but imposes varying withdrawal fees depending on the asset.

Security Measures

OKX implements robust security measures, including cold storage for the majority of user funds and multi-factor authentication. The exchange is known for its strong commitment to safeguarding assets and ensuring financial security, making it a reliable choice for traders.

Ideal For

OKX is ideal for experienced traders seeking advanced tools and competitive fees. Beginners can benefit from its user-friendly interface and educational resources, though the platform’s complexity may require a learning curve. Its global accessibility and focus on high liquidity make it one of the most versatile Binance alternatives in 2024.

OKX Review 2024: Trading Features, Fees, and Security

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10

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6. Bybit

Bybit

Bybit is a fast-growing cryptocurrency exchange, widely recognized for its derivatives trading and innovative features. Founded in 2018, it has quickly become a favorite for traders seeking advanced options and a high-performing exchange.

Pros

  • Hotspot for derivatives trading, including futures and options.
  • Innovative features like dual asset investments and liquidity mining.
  • Low trading fees with competitive maker and taker rates.
  • High-speed matching engine for seamless trading.
  • Extensive educational content.

Cons

  • Not ideal for spot trading beginners.
  • Limited regulatory oversight in some regions.
  • Educational content is highly focused on derivatives.

Features and Strengths

Bybit specializes in derivatives and margin trading, offering leverage up to 100x for futures contracts. It supports over 1,200 cryptocurrencies, providing extensive options for trading pairs and niche assets. The Unified Trading Account simplifies portfolio management by consolidating multiple asset classes, making the platform convenient for users managing diverse investments.

Bybit also includes trading bots and a copy trading feature, allowing less experienced users to replicate successful strategies. Its intuitive mobile app ensures smooth access to trading tools, even during market fluctuations.

Fee Structure

Bybit offers competitive fees, with spot trading starting at 0.1% for both makers and takers. Some promotional assets are even eligible for zero-fee trading. Fees for withdrawals vary by cryptocurrency but are generally minimal compared to industry standards.

Security Measures

Bybit prioritizes security with cold wallet storage for user funds and an insurance fund to cover unexpected losses. The platform’s use of multi-factor authentication and system audits further ensures financial safety.

Ideal For

Bybit is perfect for traders focused on derivatives and margin trading. Its tools and features appeal to both advanced and intermediate users. Beginners may find the platform’s features slightly overwhelming but can benefit from its user-friendly bots and intuitive design, making Bybit a strong Binance alternative.

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User Score

9.7

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7. Crypto.com

Crypto.com

Crypto.com is an all-in-one cryptocurrency exchange designed to meet the needs of both beginners and advanced traders. Established in 2016, it has grown into one of the most popular exchanges worldwide, offering a comprehensive range of services that extend beyond traditional trading.

Pros

  • Comprehensive ecosystem, including staking, Visa cards, and DeFi access.
  • Supports over 250 cryptocurrencies.
  • Competitive fees with discounts for staking CRO.
  • User-friendly mobile app with advanced features.
  • Substantial security measures, including cold storage and insurance.

Cons

  • Some features, like lower fees, require CRO staking.
  • Limited customer support response times.

Features and Strengths

Crypto.com supports over 350 cryptocurrencies, including Bitcoin, Ethereum, and Binance Coin. It offers a variety of trading options, such as spot trading and margin trading, as well as passive earning opportunities like staking and crypto savings accounts. With competitive APYs on staked assets, Crypto.com is particularly attractive to users looking to grow their portfolios.

A standout feature is the Crypto.com Visa card, which allows users to spend their crypto holdings like cash while earning up to 5% cashback, depending on the amount of CRO (the native token of the exchange itself) staked. The platform also includes a mobile app that simplifies asset management, enabling users to trade, stake, and monitor their portfolios in real time.

Fee Structure

Crypto.com offers a competitive fee structure starting at 0.4% for takers and 0.15% for makers, with discounts for high-volume traders and CRO token holders. Deposits via bank transfers are free, while withdrawal fees vary by cryptocurrency. These fees are transparent and aligned with industry standards, making Crypto.com an affordable option for most users.

Security Measures

Crypto.com emphasizes user safety with robust security measures, including cold storage for the majority of assets and multi-factor authentication. The platform is AUSTRAC-registered and regulated, ensuring compliance with strict financial standards. Users also benefit from insurance coverage in case of unforeseen events.

Ideal For

Crypto.com is a versatile platform suitable for both casual users and experienced traders. Beginners appreciate its user-friendly interface and all-in-one functionality, while advanced traders benefit from its range of tools and earning opportunities. The addition of financial services like staking rewards and a Visa card makes Crypto.com a practical choice for anyone looking to integrate cryptocurrency into their daily lives.

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Quick Comparison: Key Features of the Top Alternatives to Binance

Choosing the right cryptocurrency exchange involves balancing trading needs, fees, and platform features. Let’s do a quick rundown of the seven best Binance alternatives for 2024, highlighting the key attributes of each.

Trading Fees Cryptos Supported Security Measures Unique Features
Coinbase Advanced Trade Maker: 0.40% to 0.00% Taker: 0.60% to 0.05% 550+ market pairs 2FA, biometric logins, FDIC insurance for USD balances up to $250,000, YubiKey support, address whitelisting Advanced charting tools powered by TradingView, seamless integration with the Coinbase ecosystem, access to staking and other services
Kraken Maker fees start at 0.16% and taker fees at 0.26%. 200+, including niche altcoins. ISO-certified exchange with maximum security features like 2FA and cold storage. Advanced trading tools such as margin trading and futures with up to 5x leverage.
KuCoin Among the lowest, starting at 0.1%. 700+, focusing on altcoins and new tokens. Multi-factor authentication and insurance fund for hacking incidents. Built-in trading bots and copy trading options for new traders.
eToro 1% flat fee for cryptocurrency trades. 30+, covering major coins and blockchain assets. ASIC-regulated exchange with robust encryption Social trading features that allow users to copy top-performing traders.
OKX Starting at 0.08% (makers) and 0.1% (takers). 350+, including DeFi tokens and NFTs. Cold storage and multi-signature wallets for added protection. Comprehensive derivatives margin trading with up to 20x leverage.
Bybit Competitive rates, including zero-fee spot trading on promotional assets. 1,200+, including high-liquidity options. Cold wallets and two-factor authentication. Futures trading with up to 100x leverage and customizable trading bots.
Crypto.com Starting at 0.4%, with discounts for CRO token holders. 350+, including staking-friendly coins. Regulated by AUSTRAC with top-tier encryption. Crypto Visa card for daily spending and high-staking rewards.

What Makes a Good Binance Alternative?

Finding a suitable alternative to Binance depends on several factors that align with your trading needs and priorities. Here, we’ll explore the key qualities to look for when evaluating a cryptocurrency exchange.

Low Trading Fees and Competitive Structures

For frequent traders, fees can significantly impact profitability. The best alternatives to Binance offer transparent and competitive fee structures, often with tiered reductions for higher trading volumes. Fee discounts for using native tokens or promotional periods can also add value.

Advanced Trading Features

Platforms offering futures and margin trading are essential for experienced traders seeking higher leverage or complex strategies. Features like copy trading and trading bots are also valuable tools that enhance the trading experience, catering to both novices and pros.

Robust Security Measures

Security is paramount in cryptocurrency trading. Leading alternatives ensure maximum protection with industry-standard measures like two-factor authentication (2FA), cold storage for assets, and frequent security audits. AUSTRAC registration or similar regulatory compliance can provide an added layer of financial security.

Wide Range of Cryptocurrencies and Trading Pairs

Whether you’re buying Bitcoin, trading altcoins, or investing in niche tokens, having access to a wide array of cryptocurrencies and trading pairs is essential. Top platforms also support fiat-to-crypto trades, making deposits and withdrawals straightforward.

User-Friendly Interfaces

A platform’s usability can make or break the trading experience. The best alternatives combine intuitive interfaces with powerful tools for advanced users. Mobile app compatibility, real-time charts, and customization options are also key for on-the-go trading.

Diverse Payment Methods

Flexibility in payment methods—bank transfers, credit or debit cards, and other options—ensures convenience. Look for platforms that support your preferred payment method while minimizing fees and processing times.

How to Choose the Right Crypto Exchange for You

Selecting the best Binance alternative requires evaluating your trading preferences, security needs, and exchange features. Below are a few things to consider before making a decision.

1. Trading Needs

Your trading goals should guide your choice of exchange. If you’re a frequent trader, focus on exchanges offering low fees and high liquidity. For advanced users, platforms with margin trading, futures contracts, and staking options are essential. Beginners may prefer user-friendly interfaces with educational resources or demo trading modes.

2. Payment Methods

Consider how you’ll deposit and withdraw funds. Most top platforms support common methods like bank transfers and credit or debit cards. Look for exchanges that offer instant deposits through systems like PayID or NPP, reducing delays in accessing your funds. Ensure the fees for your preferred payment method align with your budget.

3. Security and Financial Safety

Security breaches can result in substantial losses, making safety a top priority. Choose exchanges with industry-leading security measures like two-factor authentication, cold storage for the majority of user funds, and frequent audits. Regulatory compliance, such as AUSTRAC registration, is another key factor to ensure financial security.

4. Supported Cryptocurrencies

A broad selection of crypto assets is crucial for diversifying your portfolio. Whether you’re interested in trading Bitcoin, Binance Coin, or niche altcoins, ensure the exchange supports your preferred cryptocurrencies and trading pairs. Some exchanges also feature emerging tokens or ICOs, which can be attractive to high-risk investors.

5. Fees and Cost Efficiency

Low fees can significantly enhance your trading experience. Compare fee structures, including maker/taker fees, deposit and withdrawal charges, and spreads on instant trades. Platforms offering tiered discounts for high-volume traders or native token usage provide additional cost savings.

6. Accessibility and User Experience

A seamless trading experience depends on an intuitive interface and reliable mobile apps. Many exchanges offer customizable dashboards, real-time price alerts, and integrated trading tools to meet diverse needs. Ensure the exchange operates smoothly on your preferred devices, such as iOS, Android, or desktop.

By carefully assessing these factors, you can choose a crypto exchange that meets your specific requirements while ensuring a secure and efficient trading experience.

Wrapping Up & Final Recommendations

For traders seeking advanced features like margin trading and futures, OKX and Bybit stand out with their competitive fees and high-leverage offerings. Beginners or casual traders might find platforms like eToro and Coinbase Pro more approachable, thanks to their user-friendly interfaces and educational tools. 

Ultimately, the best platform for you depends on your individual trading goals and preferences. Explore these alternatives to diversify your trading strategies and find the exchange that best fits your needs.

FAQs

Why should I consider alternatives to Binance?

While Binance is one of the largest and most popular cryptocurrency exchanges, some traders may seek alternatives for various reasons. These include regulatory restrictions in certain regions, preferences for lower trading fees, the need for advanced trading tools like futures or margin trading, or access to specific cryptocurrencies not listed on Binance.

Can Binance alternatives offer better fees or trading features?

Yes, several Binance alternatives provide competitive fees and trading features that may better suit individual needs. Platforms like KuCoin and OKX are known for their low fees and extensive trading options, including futures and leverage trading. Others, such as Crypto.com, offer unique benefits like fee discounts for native token holders and financial products like Visa cards.

Are Binance alternatives as secure as Binance?

Many Binance alternatives offer industry-leading security measures, including cold storage for funds, encryption, and multi-factor authentication. Reputable platforms like Coinbase Pro, Kraken, and Crypto.com are regulated and comply with strict financial standards, providing additional assurance.

The post Top 7 Binance Alternatives for 2025: Fees and Features Reviewed appeared first on NFT Evening.

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7 Best Crypto Exchanges in Canada (April 2025) https://nftevening.com/best-crypto-exchange-canada/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-exchange-canada Sun, 15 Dec 2024 08:04:52 +0000 https://nftevening.com/?p=143194 With the Canadian cryptocurrency market expected to reach US$941.6 million in 2024, it’s a great time to start trading. However, choosing the right place to buy crypto can be tricky.

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With the Canadian cryptocurrency market expected to reach US$941.6 million in 2024, it’s a great time to start trading. However, choosing the right place to buy crypto can be tricky. In this guide, we’ll explore the best crypto exchanges in Canada, detailing their unique features, fees, supported coins, and more.

List of Best Crypto Exchanges in Canada: Our Top Picks

We have reviewed over 30 different Canadian crypto asset trading platforms based on security, CAD payment methods, fees, ease of use, and more. Here is our list of the best cryptocurrency exchanges in Canada:

  1. Bitget: Overall Best Crypto Exchange Canada
  2. Crypto.com: Best Canadian Bitcoin Exchange for Fiat Deposits
  3. Coinbase: Regulated Crypto Exchange in Canada
  4. Kraken: Safest Crypto Exchange in Canada
  5. Bitbuy: Best for Buying Bitcoin in Canada
  6. Shakepay: Best Crypto App to Buy Bitcoin and Ethereum
  7. Uniswap: Best Decentralized Exchange in Canada

Best Canadian Crypto Exchanges – Comparison Table

Exchange Supported Coins Fees CAD Deposit Supported FINTRAC Licensed
Bitget 700+ 0.1% maker/taker Yes (via credit/debit card) No
Crypto.com 350+ 0.25% maker and 0.5% taker Yes (via Interac, bank transfer) Yes
Coinbase 200+ 0.4% maker and 0.6% taker Yes (via Interac e-Transfer) Yes
Kraken 200+ 0.25% maker and 0.4% taker Yes (via Interac e-Transfer, bank transfer) Yes
Bitbuy 55+ 0.5% (Pro Trade) Yes (via Interac e-Transfer, bank transfer) Yes
Shakepay 2 (Bitcoin, Ethereum) 0% Yes (via Interac e-Transfer, bank transfer) Yes
Uniswap Thousands of tokens 0.3% No No (DEX platform)

Best Crypto and Bitcoin Exchanges in Canada – Detailed Review

1. Bitget: Overall Best Crypto Exchange in Canada

Bitget

Bitget is the #1 crypto exchange for Canadians looking to trade 700+ digital currencies. The platform lets you deposit CAD using credit or debit cards, making it highly convenient. With a flat 0.1% maker and taker fee, Bitget is among the most affordable exchanges for trading. Its native token, BGB, offers even more discounts (up to 20%).

Beginners will find the copy-trading feature helpful, allowing them to replicate the strategies of experienced traders. For advanced users, Bitget excels in 125x futures trading with tools for risk management. The exchange also ensures a secure trading environment, leveraging advanced encryption and compliance standards.

It also provides promotions, such as discounts and $1,000 sign-up bonus opportunities, to engage both new and seasoned traders. The interface is user-friendly, and Bitget is accessible via its mobile app.

Pros

  • Low fees, especially with BGB token discounts
  • Copy trading for beginners to follow experienced traders
  • Supports CAD deposits and withdrawals
  • High-security standards for peace of mind
  • Offers both spot and futures trading options

Cons

  • No direct crypto-to-bank withdrawal for Canadian users
  • Complex features might overwhelm complete beginners
bitget-token-new-bgb-logo

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2. Crypto.com: Best Canadian Exchange for Fiat Deposits and Withdrawals

Crypto.com

Crypto.com is another popular platform for Canadians looking to trade and manage cryptocurrency. It supports over 350 cryptocurrencies, including Bitcoin, Ethereum, and many altcoins. Canadians can use the Crypto.com app for buying, selling, and staking crypto, which makes it beginner-friendly. 

The platform also provides a Visa card, allowing you to spend crypto directly, which is especially handy for everyday transactions. Plus, the app charges 0% fees for deposits and crypto-to-crypto exchanges. However, there are fees for withdrawing crypto, which depend on the currency.

Crypto.com also offers attractive rewards for Canadians through cashback on the Visa card and other promotions. Staking CRO (its native token) can unlock additional perks, including higher cashback rates. Its security features, like two-factor authentication and a user-friendly app, make it trustworthy for Canadian users. Plus, Crypto.com provides tax tools tailored to Canadian regulations.

Check out our detailed Crypto.com review for more information.

Pros

  • Supports over 350 cryptocurrencies for trading
  • Crypto Visa card with cashback rewards
  • No fees on deposits and crypto-to-crypto convert
  • Canadian tax reporting tools included
  • Easy-to-use mobile app

Cons

  • Customer support can be slow
  • Trading fees are higher compared to global exchanges
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3. Coinbase: Regulated Crypto Exchange in Canada

Coinbase

Coinbase is the best crypto exchange in Canada for its regulation-friendly approach. It supports over 200 cryptocurrencies. Canadians can buy crypto easily using debit cards or Interac e-Transfer. Coinbase has strong security features like two-factor authentication and insurance on digital assets held in its system. 

For fees, Canadians pay about 1.49% for transactions through bank transfers and around 3.99% when using debit cards. While the fees are higher compared to some other exchanges, Coinbase is loved for its regulatory complaint and safety. It is registered as a Restricted Dealer with the Canadian Securities Administrators (CSA).

Canadians must note that provincial rules can affect their crypto purchase limits on Coinbase. For instance, provinces like Alberta and Quebec don’t have restrictions, while others cap certain crypto purchases at $30,000 annually. Coinbase also complies with Canadian regulations, offering alerts when portfolio values drop significantly, which helps users manage risks better.

Pros

  • Buy crypto without fees with Interac e-Transfer
  • Sell your crypto and cash out instantly to most Canadian banks
  • Trade 200+ digital assets securely
  • Earn up to 10% APY on your crypto through the staking program
  • Advanced charts powered by TradingView with EMA, MA, MACD, RSI, and Bollinger Bands

Cons

  • High transaction fees
  • No credit card purchases in Canada
coinbase

User Score

9.8

Coinbase Promotion

Get Bonus Up to $600

4. Kraken: Safest Crypto Exchange in Canada

Kraken

Kraken is one of the most trusted crypto exchanges by millions of Canadians. Its Canadian journey starts in 2016 when it acquired CoinSetter and CaVirtEx, two platforms already popular with early crypto users in the country. Over the years, Kraken has built a strong presence, holding over $2 billion CAD in client assets by 2024. It supports trading in over 200 cryptocurrencies, including popular options like Bitcoin and Ethereum, alongside lesser-known tokens.

Canadian users benefit from features like Interac e-Transfers for easy CAD deposits and withdrawals, with fees as low as 0.25%. Kraken also offers CAD trading pairs, providing more flexibility for local users. 

Security is a major focus for Kraken, as it employs advanced measures like two-factor authentication and cold wallet storage to protect user assets. Its 24/7 customer support, including tailored services for Canadians, makes it a reliable choice.

Pros

  • Supports over 200 cryptocurrencies
  • Interac e-Transfers with low fees
  • Excellent security features
  • 24/7 customer support tailored to Canadians
  • Complies with Canadian regulations

Cons

  • Limited advanced trading features for professionals
  • Withdrawal fees can be high for certain cryptos
Kraken

User Score

9.8

Kraken Promotion

Get Sign Up Bonus

5. Bitbuy: Best for Buying Bitcoin in Canada

Bitbuy

Bitbuy is one of the top Canadian crypto exchanges that stands out for its strong security and ease of use. Founded in 2016 and based in Toronto, Bitbuy is one of the most popular crypto platforms in Canada with 900,000+ users. It is registered with FINTRAC and the Ontario Securities Commission, making it a fully regulated marketplace.

Bitbuy supports over 55 cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Solana. For beginner traders, it offers “Express Trade”, which is simple and quick. Advanced users can use “Pro Trade”, which provides deeper insights and tools. 

The fees are competitive or we can say quite high; for example, trading fees start at 0.5% for Pro accounts. When withdrawing Bitcoin, the minimum fee is 0.0005 BTC. It also supports free deposits via Interac e-Transfer for amounts over $50. It has a staking feature, where users can earn rewards on coins like Ethereum and Solana, with rates varying around 2%-11%. 

Pros

  • Approved by the Ontario Securities Commission and the Canadian Securities Administrators
  • 90% of your crypto is kept secure in cold storage
  • Earn up to 11.23% in rewards by staking some of your favorite coins
  • Excellent customer support tailored for Canadians

Cons

  • Higher staking commission with up to 25%
  • A limited number of supported coins
  • Lacks advanced trading features compared to global platforms like Binance and OKX

6. Shakepay: Best crypto app Canada to buy Bitcoin and Ethereum

Shakepay

Shakepay is a Canadian cryptocurrency app that makes buying and selling Bitcoin and Ethereum super easy for Canadians. Based in Montreal, it started in 2015 and now has over 1.3 million users across the country. 

Shakepay focuses on making crypto accessible while charging no commission fees on trades, which is a big plus for beginners. Instead, they earn through small spreads on buying and selling prices. The platform only supports Bitcoin and Ethereum, so it’s simple but not ideal if you’re looking for a wide variety of coins.

You can also use Shakepay for everyday money needs, like paying bills, sending e-transfers, and even direct deposits. They even have a prepaid Visa card that offers up to 1% Bitcoin cashback on purchases, which makes it stand out. You can earn extra Bitcoin through features like “ShakingSats”, where you get free Bitcoin daily just by logging into the app. Shakepay is heavily regulated in Canada, making it safe and trustworthy for users here. 

Pros

  • Zero fees platform for buying or selling crypto
  • Simple and beginner-friendly user interface
  • Bitcoin cashback rewards on Visa card spend
  • Trusted by over 1.3 million Canadians
  • Regulated across all provinces

Cons

  • Only supports BTC and ETH for crypto purchases
  • No advanced trading tools
  • Higher spreads can be frustrating sometimes

7. Uniswap: Best decentralized exchange in Canada

Uniswap

Uniswap is a popular decentralized exchange (DEX) that operates on the Ethereum blockchain. Now, it supports 11+ blockchains. It is widely used in Canada for trading without needing an account or centralized authority. 

It is one of the best no-KYC crypto exchanges in Canada. Instead, you connect your crypto wallet, like MetaMask, to trade directly with others. Uniswap is known for its automated market maker (AMM) system, which uses liquidity pools to match trades rather than an order book.

In Canada, Uniswap appeals to users who want privacy and control since it doesn’t require personal details or a KYC. The platform charges a trading fee of 0.3%, but transactions might cost more due to Ethereum’s gas fees, which vary depending on network traffic. 

Liquidity providers on Uniswap earn a share of the trading fees, making it attractive for earning passive income. However, there’s no customer support or insurance, so any mistakes or hacks mean you could lose funds. For Canadian users, Uniswap is a solid choice for those who value decentralization and access to a wide variety of tokens, including many not listed on centralized exchanges.

Pros

  • Trade thousands of low-cap tokens without account or registration
  • Earn passive income by providing liquidity for pools
  • No KYC ensures privacy and decentralized transactions
  • Competitive 0.3% trading fee for all token swaps
  • Simple interface great for beginners and casual users

Cons

  • Gas fees are high during Ethereum network congestion
  • No insurance protection for lost or hacked funds
  • Limited guidance or support for new crypto traders
  • Slower transactions compared to non-Ethereum blockchains

Best Bitcoin and Crypto Wallets in Canada

Online wallets are important for storing BTC or other crypto assets in Canada. For software wallets, Trust Wallet is a popular free option that works with over a million cryptocurrencies. It’s user-friendly and ideal for beginners. 

One of the best crypto wallets is MetaMask, perfect for Ethereum-based tokens and NFTs, with features like token swaps and DeFi access. ZenGo Wallet is another MPC-based wallet that offers an easy-to-use experience and advanced biometric security, great for those who don’t want to manage private keys.

For hardware wallets, Ledger Nano X and Ledger Nano S Plus are highly secure and support thousands of coins. The Nano X, which costs around $209 CAD, is Bluetooth-enabled for mobile use, while the Nano S is more budget-friendly. 

Trezor Model T is another top cold wallet, known for its touchscreen and excellent Bitcoin support. If you want something ultra-portable, SafePal S1 Pro is as small as a credit card and supports unlimited cryptocurrencies. For maximum offline security, you can also consider a paper wallet.

Best Crypto Trading Charting Platforms in Canada

For charting and trading, TradingView is a top recommendation. It offers advanced tools to analyze crypto markets and helps you create custom strategies. It’s perfect for beginners and pros, with a free tier and subscription options.

Exchanges like Coinbase and Bitget also provide excellent charting features. Coinbase includes advanced graphs, indicators, and drawing tools. Similarly, Bitget offers professional-grade charts with easy customization and access to futures trading.

How to Choose the Best Cryptocurrency Exchange in Canada?

Regulated and Licensed

Not all cryptocurrency exchanges work well for Canadians. Some, like Binance, have even left the Canadian market recently. Look for exchanges registered with Canadian regulators like FINTRAC. Exchanges like Bitbuy, Coinbase, and Kraken are good examples of platforms built for Canadians. They let you deposit Canadian dollars easily through methods like Interac e-Transfer or bank transfers.

Trading Fees

Every time you buy or sell crypto, fees eat into your profits. In Canada, fees vary widely. For example, Bitbuy charges a flat 0.5% per trade, while platforms like Coinbase may add spreads on top of trading fees. Lower fees are better, especially if you plan to trade often.

Supported Coins

Some exchanges only let you trade Bitcoin and Ethereum, while others offer hundreds of coins. Kraken and Bitget let you trade over 200+ coins, while smaller platforms like ShakePay focus on major ones like BTC and ETH. Pick one that matches your needs – whether you want to stick to popular coins or explore altcoins.

Security Measures

Crypto is risky, so security should be a top priority. Many Canadian crypto trading exchanges store most of their crypto in offline cold storage. Bitbuy and Coinbase, for instance, hold over 90% of their crypto offline, protecting them from hacks. Some platforms even have insurance, like Coinbase, which covers up to $250,000 in cash.

Ease of Use

Choose an exchange with a simple interface like Coinbase or Bitbuy. They’re easy to navigate and perfect for first-timers. For advanced traders, platforms like Kraken Pro or Bitget offer tools like live order books, charting, and automated trading bots.

Funding Options

Depositing and withdrawing money should be straightforward. Interac e-Transfer is one of the most common methods in Canada and is offered by platforms like Bitbuy. Avoid exchanges that charge high deposit or withdrawal fees. Some, like Crypto.com, even offer zero-fee bank transfers for Canadians.

Customer Support

If something goes wrong, you’ll need quick help. Look for exchanges with 24/7 support. NDAX and Kraken are known for reliable service, while some platforms might only respond during office hours.

Different Types of Crypto Exchanges in Canada

1. Centralized Exchanges (CEXs)

Centralized crypto exchanges are run by companies, and they act as middlemen between buyers and sellers. These exchanges are great for beginners since they are easy to use. Bitbuy, Bitget, and Kraken are the most popular centralized exchanges among Canadians.

You can deposit Canadian dollars using Interac e-Transfer or bank transfers. One downside is that you don’t fully control your crypto on these platforms. They hold your coins in wallets, which means if the exchange is hacked, your funds could be at risk.

2. Decentralized Exchanges (DEXs)

Decentralized exchanges are the opposite of CEXs. They don’t have a central authority or middleman. Instead, they let you trade directly with others using blockchain technology. Examples include Uniswap and PancakeSwap, but these are mostly for advanced Canadian users.

For Canadians, DEXs can be harder to use because you need to set up a wallet and manage your private keys. There’s also no support for Canadian dollars, so you need to convert CAD to crypto first.

3. Peer-to-Peer (P2P) Exchanges

Peer-to-peer exchanges connect buyers and sellers directly. For Canadians, platforms like LocalBitcoins or Paxful are examples of P2P exchanges. These platforms let you negotiate prices and payment methods, including PayPal, bank transfers, or even cash.

P2P exchanges are great if you want to avoid trading fees or if you can’t find certain payment options on regular exchanges.

Canada Crypto Tax Explained

In Canada, cryptocurrency is treated as a type of digital asset rather than actual currency. The Canada Revenue Agency (CRA) requires you to report any crypto transactions because they often lead to either taxable capital gains or business income. 

When you sell, trade, or even use cryptocurrency to pay for something, the profit or loss from that activity becomes subject to taxes. For example, if you buy Bitcoin for $10,000 and later sell it for $15,000, the $5,000 gain must be declared. 

If this is considered a capital gain, only 50% of it is taxable, meaning $2,500 will be added to your taxable income. On the other hand, if the CRA considers your crypto activity as business income – say, you are mining or trading frequently – then the entire $5,000 profit is taxable. Cryptocurrency day trading also comes under business income.

Earning cryptocurrency through mining, staking, or even getting paid in crypto is treated differently. These activities are typically seen as business income, which means 100% of the value is taxable

The CRA values crypto income based on the Canadian dollar (CAD) value at the time it was received. Even using crypto to buy something like a laptop or a car counts as a taxable event. The CRA calculates the tax based on how much the crypto was worth in CAD when it was spent. 

Swapping one crypto for another, such as trading Bitcoin for Ethereum, is also taxable because it’s considered a disposition, just like selling crypto for fiat currency.

How to Buy Cryptocurrency In Canada?

Here is a step-by-step guide on how to buy Bitcoin or altcoin in Canada using CAD:

  1. Choose a crypto exchange: Start by picking a trusted cryptocurrency exchange like Bitget, Bitbuy, Coinbase, or Kraken. These platforms support Canadian dollars (CAD) and are legal in Canada. Make sure to check fees, features, and reviews to find the one that works best for you.
  2. Create an account and complete KYC: Sign up on the exchange by providing your name, email, and other personal details. Complete the KYC process by uploading your ID, like a driver’s license, to verify your identity. This step is necessary for security and follows Canadian rules.
  3. Deposit CAD: Add Canadian dollars to your exchange account. You can use Interac e-Transfer, bank transfers, or sometimes debit cards. Check if there are any deposit fees, as some platforms charge small amounts while others are free.
  4. Buy crypto and transfer to a wallet: Choose the cryptocurrency you want to buy, like Bitcoin or Ethereum, and place your order. Once purchased, transfer your crypto to a private wallet for better security and control over your funds.

Conclusion

In a nutshell, finding the best crypto exchange in Canada depends on your trading goals, experience, and preferred features. For beginners, platforms like Crypto.com and Shakepay provide simple interfaces, while advanced traders can explore Bitget’s futures trading or Uniswap’s decentralized options

Security and compliance are paramount; exchanges like Kraken and Bitbuy excel in these areas, making them reliable choices. Remember, crypto in Canada is taxable, so track transactions and understand whether your earnings fall under capital gains (50% taxable) or business income (100% taxable). Choose a platform that balances features, costs, and convenience for a seamless trading experience.

FAQs

Is crypto legal in Canada?

Yes, cryptocurrency is legal in Canada. The Canadian government recognizes cryptocurrencies like Bitcoin and Ethereum as digital assets, but they are not considered legal tender

You can buy, sell, and trade crypto through exchanges that comply with Canadian laws, such as those registered with FINTRAC (Financial Transactions and Reports Analysis Centre of Canada). However, crypto activities, including trading, mining, and using it for purchases, are subject to taxation.

Which crypto exchange is best in Canada?

Bitget is the best crypto exchange in Canada with competitive fees and variety of supported cryptocurrencies. It also offers many advanced trading features, especially futures trading, making it ideal for experienced traders.

Crypto.com is another popular trading platform for crypto and Bitcoin. It is more beginner-friendly and offers additional features like crypto debit cards and staking options. It supports CAD deposits through Interac e-Transfer and has a user-friendly mobile app.

Is Coinbase or Wealthsimple better for crypto?

Coinbase and Wealthsimple serve different types of users. Coinbase is a global crypto exchange with a wide variety of coins and advanced features like staking and earning rewards. It is better for someone who wants access to many cryptocurrencies and tools. 

Wealthsimple is a Canadian platform that focuses on simplicity and supports CAD transactions. It’s best for beginners or those who want to invest small amounts in major cryptocurrencies like Bitcoin or Ethereum.

Is Coinbase legit in Canada?

Coinbase is legit in Canada. It is a well-known cryptocurrency exchange with a strong global presence and complies with regulations in every country where it operates, including Canada.

Is Bitbuy legal in Canada?

Bitbuy is a trusted crypto trading platform that legally operates in Canada. It is fully registered with FINTRAC and the Ontario Securities Commission (OSC), ensuring compliance with Canadian regulations. Bitbuy is also authorized by Canadian Securities Administration (CSA) as the first Canadian registered marketplace for crypto assets.

Which international crypto exchanges are leaving Canada?

Several international crypto exchanges, including Binance, Bybit, and OKX, have announced their exit from Canada. These decisions came after Canada introduced stricter crypto regulations, including the Pre-Registration Undertaking (PRU) process. 

This framework requires crypto platforms to comply with rules like limiting leverage, banning specific derivatives, and ensuring more rigorous KYC procedures. Thus, you can consider using other trading apps like Bitget and Kraken as alternatives to these exchanges.

Which Canadian crypto exchange has the lowest fees?

NDAX is the cheapest cryptocurrency exchange in Canada with a low, flat 0.2% trading fee. It doesn’t charge any deposit fees for both cryptocurrencies and Canadian dollars, and costs only $4.99 for withdrawals from EFT (direct bank deposit) and $1.50 from Interac e-Transfer.

Is Kucoin available in Canada?

KuCoin is not currently available in Canada. It was banned in 2022 by the Ontario Securities Commission (OSC), along with Poloniex, as it failed to meet Canadian securities law requirements.

What happened to CoinSmart?

CoinSmart was a secure and reliable cryptocurrency exchange with licenses from FINTRAC Canada and Estonia’s FIU. However, on October 1st, 2023, CoinSmart were transferred to Bitbuy which is operated by the same parent business, WonderFi.

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8 Best Crypto Exchanges with Lowest Fees in 2025 https://nftevening.com/lowest-fees-crypto-exchange/?utm_source=rss&utm_medium=rss&utm_campaign=lowest-fees-crypto-exchange Fri, 06 Dec 2024 09:27:39 +0000 https://nftevening.com/?p=143020 Crypto trading is already popular, with millions of people buying and selling coins every day. Finding the lowest fees crypto exchange can make a big difference for anyone trading cryptocurrency.

The post 8 Best Crypto Exchanges with Lowest Fees in 2025 appeared first on NFT Evening.

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Crypto trading is already popular, with millions of people buying and selling coins every day. Finding the lowest fees crypto exchange can make a big difference for anyone trading cryptocurrency.

When fees are high, they eat into your profits and make every trade feel expensive. But with the right exchange, you can trade at lower costs and keep more of your money. In this guide, we’ll review the best crypto exchanges with lowest fees and how low crypto exchange fees can give you an edge in crypto trading.

List of Top Crypto Exchange With Lowest Fees

1. MEXC: Zero-fee crypto exchange

2. OKX: Low fee exchange for advanced traders

3. Binance: Lowest fees for high-volume traders

4. Bitget: Cheapest Bitcoin trading platform

5. KuCoin: Best for trading altcoins with low fees

6. Bybit: Low fees leverage trading platform

7. Coinbase: Best for low fiat deposit fees

8. Kraken: Best for zero-fee USD deposits

Comparison of Cheapest Crypto Exchanges

Exchange Maker Fee Taker Fee Crypto Deposit Fee Withdrawal Fee Exchange Token Discount Trading Volume Discount
MEXC 0% 0.02% Free Varies by asset 10% (MX Token)
OKX 0.08% 0.1% Free Varies by asset Discounts with OKB Token (Tiered) Yes, up to -0.01% / 0.015%
Binance 0.1% 0.1% Free Varies by asset 25% (BNB Token) Yes, up to 0.011% / 0.023%
Bitget 0.1% 0.1% Free Varies by asset 20% (BGB Token) Yes, up to 0.020% / 0.032%
KuCoin 0.1% 0.1% Free Varies by asset 20% (KCS Token) Yes, up to -0.005% / 0.025%
Bybit 0.1% 0.1% Free Varies by asset No Yes, up to 0.005% / 0.015%
Coinbase 0.4% 0.6% Free Free ACH, $25 USD wire transfer No Yes, up to 0% / 0.05%
Kraken 0.25% 0.4% Free 1 EUR SEPA and up to 13 EUR SWIFT No Yes, up to 0% / 0.1%

Cheapest Crypto Exchanges – Detailed Review

1. MEXC: Zero-fee crypto exchange

MEXC

MEXC is one of the best low-fee crypto exchanges. The platform offers 0% fees for makers and 0.02% takers in spot trading, which means you can trade without fees. This applies to all spot trading pairs, making it super beginner-friendly and cost-effective.

For futures trading, MEXC keeps the costs low too. Maker fees are 0%, and taker fees are just 0.02%. Plus, if you use MEXC’s native token (MX) for fee deductions, you get an additional 10% discount on taker fees. These low rates are ideal for frequent or experienced traders dealing with high volumes, as savings can add up quickly.

MEXC is not just about low fees but boasts over 2,700 trading pairs. It gives you access to various crypto assets, from popular ones like Bitcoin and Ethereum to niche altcoins. The platform is known for fast listings of new coins, so it’s a favorite for users chasing early investment opportunities. The exchange regularly runs promotions, such as zero-fee trading events or rewards for MX holders. Users can also enjoy weekly airdrops and other benefits, making trading even more profitable. It is also known as the best crypto exchange for no-KYC trading.

Spot Fees (Maker/Taker) Perpetual Futures Fees (Maker/Taker) Bitcoin Deposit Fees Bitcoin Withdrawal Fees
0%/0.02% 0%/0.02% Free 0.0001 BTC
MEXC_square_logo-removebg-preview

MEXC Referral Code

Claim 8,000 USDT Sign-Up Bonus

Code Valid: May 2025

2. OKX: Low fee exchange for advanced traders

OKX

OKX is another cheap cryptocurrency exchange, offering low trading fees and a range of services. It is known for offering a user-friendly interface and advanced trading options. It supports millions of users in over 100 countries and provides access to 350+ crypto tokens and trading pairs.

OKX has a very competitive fee structure. For spot trading, the maker fee starts at 0.08%, and the taker fee is 0.1%. These fees can be reduced further based on your trading volume or if you hold OKB, the platform’s native token. For futures, maker fees start as low as 0.02%, and taker fees are 0.05%. OKX uses a tier fee structure for discounts, where traders can benefit based on their 30-day trading volume or OKB holdings. VIP users can even enjoy maker fees as low as -0.001%, meaning they get rebates.

The platform supports advanced trading tools like spot, margin trading, perpetual swaps, and options trading. It operates worldwide, except in regions with strict crypto regulations like the U.S. OKX also offers tools like trading bots and charts to enhance user experience.

Spot Fees (Maker/Taker) Perpetual Futures Fees (Maker/Taker) Bitcoin Deposit Fees Bitcoin Withdrawal Fees
0.08%/0.1% 0.02%/0.05% Free 0.00003 BTC
OKX Review 2024: Trading Features, Fees, and Security

OKX Referral Code

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3. Binance: Lowest fees for high-volume traders

Binance

Binance is one of the lowest fees crypto exchanges for high-volume traders. They started in 2017 and have grown to be one of the top platforms worldwide. The main reason people love Binance is because of its super-low trading fees. They charge just 0.1% per trade for spot trading. If you use Binance’s own coin, BNB, to pay your fees, you get a discount, making it even cheaper at 0.075%.

Another good thing is there are no fees for deposits when you’re adding crypto to your Binance wallet. But if you’re withdrawing, the fee depends on the blockchain you’re using, which changes based on network traffic. Binance also offers advanced options like futures trading with 125x leverage. Here, fees are even lower, starting at 0.02% for makers and 0.05% for takers, which is super competitive compared to other platforms.

For U.S. users, Binance.US is available with zero-fee Bitcoin trading on selected pairs, called Tier 0 pairs. This is great for people who trade BTC often. For other trading pairs, fees are some of the lowest in the U.S. market, starting at 0.4% for spot trading. You can also get a 5% discount on fees if you use Binance’s BNB token to pay.

Binance.US has a tiered fee structure, which means your fees can drop further if you trade more over 30 days. High-volume traders get discounts, making it even cheaper for active users. Besides this, staking rewards are available for supported coins, but a service fee of up to 35% may apply to those earnings.

Spot Fees (Maker/Taker) Perpetual Futures Fees (Maker/Taker) Binance.US Fees (Spot Market) Bitcoin Deposit Fees Bitcoin Withdrawal Fees
0.1%/0.1% 0.02%/0.05% 0.4%/0.6% Free 0.00015 BTC
binance-logo-2

Binance Referral Code

-10% Trading Fees

Get 10% Lifetime Cashback on Every Trade

Code Valid: May 2025

4. Bitget: Cheapest Bitcoin trading platform

Bitget

Bitget is considered as a cheap crypto exchange, especially for altcoin traders. For spot trading, Bitget charges a flat fee of 0.1% for both makers and takers, which is already lower than many other exchanges.

But here’s the best part – if you use their native token, BGB, to pay for fees, you get a 20% discount, bringing the fee down to just 0.08%. This is a smart way to save on fees while holding their token. For high-volume traders, there’s even a VIP program where fees can go as low as 0.02% for makers and 0.032% for takers.

If you’re into futures trading, Bitget charges 0.02% for makers and 0.06% for takers, which is among the cheapest in the market. This makes it a go-to platform for anyone trading derivatives. On top of that, the platform offers tools like one-click copy trading to help beginners follow expert traders.

Deposits on Bitget are completely free, which is always a bonus. Withdrawal fees depend on the cryptocurrency but are adjusted regularly based on network costs. Another unique feature is their “zero fee” promotions for certain types of trades, like P2P transactions, making it even more cost-efficient.

Spot Fees (Maker/Taker) Perpetual Futures Fees (Maker/Taker) Bitcoin Deposit Fees Bitcoin Withdrawal Fees
0.1%/0.1% 0.02%/0.06% Free 0.00008 BTC
bitget-token-new-bgb-logo

Bitget Referral Code

Get $6,200 USDT Bonus

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Code Valid: May 2025

5. KuCoin: Best for trading altcoins with low fees

KuCoin

KuCoin is a top choice among low-fee exchanges to trade crypto. It charges only 0.1% for spot trading, which is one of the cheapest out there. Even better, if you use KuCoin’s token, KCS, to pay the fees, you get a 20% discount. This brings the fee down to just 0.08% per trade.

If you like futures trading, KuCoin’s fees are still amazing. It charges 0.02% for maker trades and 0.06% for taker trades. It’s perfect if you want to try out advanced trading strategies without spending much money. Plus, they have a VIP program. The more you trade or if you hold enough KCS tokens, you get even bigger discounts. At the highest VIP level, fees can go down to zero, and sometimes KuCoin even pays you a rebate to trade.

Another best thing is KuCoin doesn’t charge you any deposit fees. You can add money to your account for free. Withdrawal fees depend on the coin you’re taking out, but they’re usually low and based on network costs, not extra charges from KuCoin.

The centralized exchange also supports over 700 cryptocurrencies, so there’s a good chance you’ll find the coin you’re looking for. Plus, they sometimes run promotions like zero fees on selected trading pairs.

Spot Fees (Maker/Taker) Perpetual Futures Fees (Maker/Taker) Bitcoin Deposit Fees Bitcoin Withdrawal Fees
0.1%/0.1% 0.02%/0.06% Free 0.00045 BTC
Kucoin logo

KuCoin Referral Code

Bonus up to $11,000 USDT

Get 20% Lifetime Discount on Trading Fee

Code Valid: May 2025

6. Bybit: Low fees leverage trading platform

Bybit

Bybit is also one of the low-fee crypto exchanges. For Spot Trading, both maker and taker fees are just 0.1%. This rate is pretty low compared to many other exchanges. But if you trade more, your fees get even cheaper. For example, if you trade $10 million or more in a month, the taker fee drops to 0.075%, and the maker fee goes down to 0.0625%.

When it comes to Derivatives Trading, Bybit really shines. The taker fee is 0.055%, and the maker fee is only 0.02%. Plus, if you’re a market maker (someone providing liquidity), you pay way less. This makes Bybit ideal for pro traders who love futures and options trading. There are no fees for deposits, but for withdrawals, a small fixed fee applies. For example, withdrawing Bitcoin costs 0.0005 BTC, which is a standard rate.

Bybit also has some fee discounts and even rebates for high-volume traders or VIPs. If you’re a VIP trader, your fees can drop significantly, making it almost free to trade. There’s even a negative maker fee rebate for specific trades, where Bybit pays you instead of charging you.

Spot Fees (Maker/Taker) Perpetual Futures Fees (Maker/Taker) Bitcoin Deposit Fees Bitcoin Withdrawal Fees
0.1%/0.1% 0.02%/0.055% Free 0.0005 BTC
bybit-logo-white

Bybit Referral Code

Earn Up to $30,050 Deposit Bonus

30% Trading Fee Discount

Code Valid: May 2025

7. Coinbase: Best for low fiat deposit fees

Coinbase

Coinbase is a well-known crypto exchange, especially for users in the U.S., but it’s not the cheapest when compared to global platforms like Binance or OKX. However, it offers excellent fiat deposit and withdrawal options for U.S. users, which can make it worth considering despite slightly higher fees.

Coinbase charges no fees for ACH deposits or withdrawals, making it a good option if you’re moving money from a U.S. bank. If you need faster processing through wire transfers, they charge $10 for deposits and $25 for withdrawals in USD. For European users, SEPA deposits cost just €0.15, and withdrawals are free. UK users benefit from free deposits through SWIFT but face a small £1 fee for withdrawals.

When trading, Coinbase has a tiered maker-taker fee structure. For new users with less than $10,000 in monthly trading volume, taker fees are 0.6%, and maker fees are 0.4%. These fees get cheaper as your volume increases, dropping to as low as 0% for makers and 0.05% for takers if you trade over $400 million monthly.

For withdrawals of cryptocurrencies, Coinbase applies network fees depending on the congestion level of the blockchain. They also include efficiency measures like batching transactions to keep costs reasonable.

Spot Fees (Maker/Taker) Fiat Deposit Fees Crypto Deposit Fees Crypto Withdrawal Fees
0.4%/0.6%
  • ACH – Free
  • Wire – $10
  • SEPA – €0.15
  • SWIFT – Free
Free Variable network fees
coinbase

User Score

9.8

Coinbase Promotion

Get Bonus Up to $600

8. Kraken: Best for zero-fee USD deposits

Kraken is one of the best low-fee crypto exchanges that offers a solid mix of affordability, security, and features. Founded in 2011 in the U.S., it serves users in over 190 countries and supports more than 200 cryptocurrencies.

Traders appreciate its low trading fees, which follow a maker-taker model. Maker fees start at 0.25% and drop to 0% for high-volume traders, while taker fees begin at 0.40% and can fall to 0.10% as your 30-day trading volume grows beyond $10 million. This structure rewards active traders who add liquidity to the platform. Kraken keeps costs down with free crypto deposits and no fees for most fiat deposits, like USD via ACH or EUR via SEPA. Withdrawal fees vary by asset and network congestion.

The exchange also offers advanced trading options, such as margin trading with up to 5x leverage and futures trading with up to 50x leverage. Security ranks high at Kraken, which has never been hacked. It uses cold storage for most funds, two-factor authentication, and regular audits to protect users. The platform suits both beginners and pros with its two interfaces: the basic Kraken app for quick trades and Kraken Pro for detailed charting and tools.

Spot Fees (Maker/Taker) Fiat Deposit Fees Crypto Deposit Fees Crypto Withdrawal Fees
0.25%/0.4%
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  • SEPA – Free
  • SWIFT – 3 EUR
Free Variable network fees
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Types of Fees on Crypto Exchanges

Trading Fees

When you trade on a crypto exchange, they charge “trading fees”. These fees are usually split into two parts: maker fees and taker fees.

  • A maker fee is when you create an order that adds liquidity to the market, like setting a limit price for buying or selling. It’s called a “maker” because you make the market active.
  • A taker fee happens when you take an existing order from the market.

For example, if you buy Bitcoin at the exact price someone is selling, you’re a taker. Maker fees are often a bit lower because you’re helping the exchange by adding more trades.

Most crypto exchanges charge a percentage of your trade as a fee. For example, Binance charges a flat 0.1% for both maker and taker trades, while Coinbase Advanced starts at 0.4% but can go lower if you trade big amounts.

For detailed comparison between these two exchanges, check out our Coinbase vs Binance review.

There are also fees for trading fiat money (like USD or EUR) for crypto, called fiat-to-crypto fees. If you already own crypto and trade it for another one, that’s a crypto-to-crypto fee. Some platforms like Kraken charge less for crypto-to-crypto trades.

Deposit Fees

Deposit fees are when you send money or crypto to the exchange to start trading. Some platforms let you deposit fiat money for free through bank transfers, but if you use a credit card, they might charge you around 3%-5%. For example, Coinbase charges 3.99% for card deposits, which can be really high.

For crypto deposits, most exchanges don’t charge anything. So, if you already have crypto in a wallet, it’s better to send it directly to avoid fees.

Withdrawal Fees

Withdrawing is taking your money or crypto out of the exchange. If you’re withdrawing fiat money, there might be flat fees, or it could depend on the method you use.

There’s usually a fee for crypto withdrawals based on the blockchain’s network cost, which is called “withdrawal fee”. If you withdraw Bitcoin, it might cost you an average of 0.0005 BTC. Some cryptocurrency exchanges have fixed withdrawal fees, while others let you pay more to make the transaction faster.

Interest Fees

Interest fees are charges you pay when borrowing cryptocurrency or funds from an exchange or lending platform, often seen in margin trading or lending services.

On centralized exchanges (CEX) like Binance, interest is calculated as a percentage rate (e.g., 0.01% daily) on the borrowed amount, varying by asset and market conditions. Decentralized exchanges (DEX) with lending protocols, like Aave, also charge interest, set by supply and demand dynamics within smart contracts.

Borrowing Fees

Borrowing fees are specific costs tied to taking out a loan in crypto, separate from ongoing interest. On CEX platforms like Kraken, this might be a flat fee (e.g., 0.02% of the loan amount) charged upfront when you borrow funds for trading or leverage. In DEX ecosystems like Compound, borrowing fees are less common as standalone charges but can be embedded in the transaction’s gas fees or protocol rules.

Liquidation Fees

Liquidation fees occur when your borrowed funds drop below a required value, triggering the platform to sell your assets to cover the loan. On Binance Margin, this fee is a percentage (e.g., 2% of the liquidated amount) taken when your position is forcibly closed due to insufficient margin. It protects lenders by ensuring debts are paid, even if the market crashes.

Other Additional Fees

There are some hidden fees too, like spreads, inactivity fees, or transfer fees.

  • A spread is the difference between the buying and selling price of a coin. Exchanges like Robinhood make money from spreads instead of showing a trading fee, so you might think it’s free, but it’s not.
  • An inactivity fee is charged if you don’t use your account for a long time. Not all exchanges have this, but it’s good to check.
  • Transfer fees happen when you move funds from one wallet to another or a spot market to a futures market.

Impact of Trading Fees

Trading fees can make a big difference when you buy and sell crypto. Even small fees can add up over time, especially if you trade a lot. Let me break it down in simple words so you can see how much trading fees matter.

Imagine you buy Bitcoin worth $1,000 on Binance. At 0.1%, you pay just $1 in fees. Sounds okay, right? But if you trade $1,000 ten times a week, that’s $10 a week and around $40 a month just for fees.

Now compare that to Coinbase Advanced’s 0.6% fee. For the same $1,000 trade, you pay $6. If you trade 10 times, that’s $60 a week, which is way more expensive. This shows why low trading fee matter, especially for frequent traders.

Again, high trading fees also stop some people from trading small amounts. If you want to buy just $200 worth of crypto on Coinbase Simple with a 1.49% fee, you lose $2.98. That might not seem worth it to some people. Low fees make trading more affordable, even for small investors.

How To Reduce Crypto Trading Fees?

  • Pick Crypto Exchanges with Low Fees: Not all exchanges charge the same. For example, Binance has low fees at 0.1%, while MEXC has zero fees. Choosing a platform with lower trading fees will save you a lot of money in the long run. Always compare fees before you pick a crypto exchange.
  • Use Maker Orders Instead of Taker Orders: If you’re a maker (adding orders to the market), you usually pay lower fees than a taker (buying or selling instantly).
  • Trade in Bigger Amounts: Many exchanges lower your trading fees if you are a high-volume trader. This might not work if you’re new, but it’s something to think about as you grow.
  • Pay Fees with Exchange Tokens: Some platforms have their own tokens that give you fee discounts. On Binance, if you pay fees with their BNB token, you get a 25% discount.
  • Avoid Using Credit Cards: Depositing money with a credit card can cost 3%-5% in fees on many platforms like Coinbase. Instead, use bank transfers or crypto deposits, which are often free or much cheaper. This small change can save you big.
  • Trade During Low Network Traffic: When the blockchain is busy, withdrawal fees go up because of higher network costs. If you can, wait until fees drop to withdraw your funds. Some wallets even show you the best times to make transactions.
  • Check for Fee Promotions: Many exchanges run promotions like “zero trading fees for the first month” or discounts on certain trading pairs. Keep an eye out for these offers.
  • Avoid Frequent Small Trades: If you trade small amounts often, you’ll pay fees every single time. Instead, save up and make fewer, bigger trades.

Fee on Centralized vs Decentralized Exchanges: Do DEX have lower fees?

When comparing fees between centralized exchanges (CEX) like Binance or Coinbase and decentralized exchanges (DEX) like Uniswap or SushiSwap, it depends on a few things. 

CEXs, run by companies, charge trading fees of about 0.1% to 0.6% per trade and often add withdrawal fees, like $1-$5, to take your money out. These fees stay the same and can get lower for people who trade a lot, but withdrawal costs hit small trades harder. 

On the other hand, DEXs let you trade directly with others using smart contracts on blockchains like Ethereum, so there’s no company taking a cut. Instead, you pay gas fees – costs set by how crowded the blockchain network is, ranging from $1-$5 when it’s calm to $50+ when it’s congested – plus a usual around 0.3% fee that goes to liquidity providers. 

So, for high-volume traders, DEXs can be cheaper if gas fees are low, but high gas fees during network spikes make them cost more.

Taxes and Low-fee Crypto Exchanges

When you trade cryptocurrency, profits are subject to capital gains tax in most countries, calculated as the difference between your selling price and cost basis. Fees paid on exchanges – like trading, withdrawal, or gas fees – can often be deducted, lowering your taxable gains. Lower fees mean less to deduct, but also less profit erosion, leaving you with more after taxes.

Conclusion

In conclusion, choosing a low-fee crypto exchange is key to saving money and maximizing your trades. Platforms like MEXC, Binance, OKX, Bybit, KuCoin, Kraken, and Bitget are the top crypto exchanges offer some of the most competitive trading fees in the industry. MEXC leads with zero maker fees, while Binance provides discounts with its native token, BNB, and even offers zero fees for select Bitcoin pairs.

Bybit and OKX are great for low spreads and user-friendly features, while KuCoin and Bitget balance affordability with diverse coin offerings. Each exchange has unique perks, so it’s worth exploring their fee structures and trading options to find the best fit for your needs.

FAQs

Which crypto exchange has the lowest spread?

Binance, OKX, KuCoin, and Bybit are the best centralized exchanges with very low or zero spreads. They often offer spreads close to zero, making them ideal for crypto traders wanting the best value. Binance is known for its high liquidity, which helps maintain tight spreads. Similarly, Bybit and OKX also provide competitive spreads for spot and futures trading.

What is the best crypto swap exchange?

Binance is the best exchange for crypto swapping because of its zero-fee “Convert” feature and a wide variety of coins. If you’re interested in decentralized exchanges, Uniswap is excellent for Ethereum-based token swaps, while Raydium is the go-to for Solana blockchain swaps. Both offer fast and reliable token conversion without relying on a central authority.

Which exchange has the lowest ETH fees?

MEXC is the best for low Ethereum transaction fees. It stands out because it has 0% maker fees for many trading options. This allows you to buy and sell ETH with minimal additional cost. This is a game-changer in reducing overall expenses for high-volume and frequent ETH traders.

How do I exchange cryptocurrencies without fees or with low fees?

You can trade crypto with almost no fees if you are smart about it. MEXC and Binance are great because they offer zero maker fees for some trading pairs. Binance Convert and KuCoin Convert help you swap digital assets without extra costs sneaking in.

If you use the exchange’s native token, you can get discounts on fees, which saves more money. Sometimes exchanges run promotions where they cut trading fees to zero for a short time, so keep an eye out for that. This way, you can make the most of your trades without wasting money on high costs.

Which crypto exchange has the lowest trading fees?

MEXC is a leader with 0% maker fees and 0.02% taker fees, making it the cheapest option for frequent users. Binance.US also provides zero fees for specific Bitcoin trading pairs, making it a good choice for those trading BTC.

Which crypto wallet has no transaction fees?

Trust Wallet is an excellent option for a crypto wallet with no transaction fees for storing and managing your cryptocurrencies. However, remember that while Trust Wallet doesn’t charge internal fees, blockchain network fees may still apply when sending or receiving crypto.

The post 8 Best Crypto Exchanges with Lowest Fees in 2025 appeared first on NFT Evening.

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11 Best Meme Coins to Buy & Invest in 2025 https://nftevening.com/best-meme-coins/?utm_source=rss&utm_medium=rss&utm_campaign=best-meme-coins Wed, 04 Dec 2024 09:37:43 +0000 https://nftevening.com/?p=142862 The meme coin market has become a huge part of the crypto world, now valued at around $112 billion. With new Solana meme coins to buy popping up every day,

The post 11 Best Meme Coins to Buy & Invest in 2025 appeared first on NFT Evening.

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The meme coin market has become a huge part of the crypto world, now valued at around $112 billion. With new Solana meme coins to buy popping up every day, it’s clear that people love the fun and hype these coins bring. Coins like Dogecoin and Shiba Inu kicked things off, but today, there are plenty of other top meme coins gaining attention. You can also join the new mem coin presale.

In this guide, we’ll walk you through the best meme coins to invest in, helping you choose the right ones based on their community support, market trends, and potential for future growth.

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List of Top Meme Coins to Buy Right Now

  1. Dogecoin ($DOGE): Popular meme coin with a strong community.
  2. Shiba Inu ($SHIB): Known as the “Dogecoin killer” with utility.
  3. PEPE ($PEPE): Meme-based coin with no-tax policy.
  4. Dogwifhat ($WIF): Quirky meme coin on the Solana blockchain.
  5. Bonk ($BONK): Solana-based coin with a large community.
  6. Floki ($FLOKI): Multi-chain meme coin with real-world utility.
  7. Popcat ($POPCAT): Fun cat meme coin with viral appeal.
  8. Brett ($BRETT): Best meme coin on the Base Chain.
  9. Neiro (First Neiro on Ethereum): Tribute coin to Dogecoin’s Shiba Inu legacy.
  10. Goatseus Maximus ($GOAT): AI-driven meme coin with growing hype.
  11. Dogs ($DOGS): New meme coin with Telegram integration.

Best Crypto Meme Coins Comparison

Coin Price Market Cap Blockchain
DOGE (Dogecoin) $0.4197 $61,596,335,500 Dogecoin Blockchain
SHIB (Shiba Inu) $0.00003048 $17,955,321,177 Ethereum, BSC
PEPE (Pepe) $0.00002098 $8,828,038,532 Ethereum, BSC
WIF (dogwifhat) $3.38 $3,373,237,499 Solana
BONK (Bonk) $0.00004276
$3,227,120,266 Solana
FLOKI (FLOKI) $0.000231 $2,232,652,318 Ethereum
POPCAT (Popcat) $1.43 $1,415,707,151 Ethereum
BRETT (Brett) $0.206 $2,040,946,169 Base Chain
NEIRO (Neiro) $0.001736 $729,102,373 Ethereum
GOAT (Goatseus Maximus) $0.7839 $783,302,814 Solana

Data Source: Coingecko (Price and Marketcap Data as of 4 December 2024)

11 Best Meme Coins to Buy Today: Detailed Review

1. Dogecoin ($DOGE)

Dogecoin ($DOGE)

Dogecoin, known as DOGE, started as a funny joke but has turned into one of the most well-known meme coins in the world. It was created in 2013 by two software engineers, Billy Markus and Jackson Palmer. They based Dogecoin on a popular Shiba Inu dog meme, which made it an instant hit online, especially with people on Reddit and Twitter who started using it to “tip” others for fun content.

Dogecoin is similar to Bitcoin but has some major differences. While Bitcoin is limited to only 21 million coins, Dogecoin doesn’t have a supply cap. 

One of Dogecoin’s big advantages is its active and friendly community, which lives by the slogan “Do Only Good Everyday”. Fans have even raised funds to support charities and fun projects, like sponsoring athletes and funding water projects in Kenya. Plus, the endorsement from famous people, especially Elon Musk.

Pros

  • Strong community spirit and fun, welcoming vibe
  • Supported by high-profile figures like Elon Musk
  • Low transaction fees, making it useful for small online tips
  • Available on all major CEXes for trading

Cons

  • Heavily influenced by online trends and celebrity opinions
  • Limited technical improvements compared to other coins

2. Shiba Inu ($SHIB)

Shiba Inu ($SHIB)

Shiba Inu is one of the most popular meme coins in the crypto world, often called “the Dogecoin killer”. Created in 2020 by an anonymous person or group known as “Ryoshi”, this token is part of the larger Shib ecosystem, which includes ShibaSwap (its own decentralized exchange), as well as two other tokens: LEASH and BONE

Unlike many meme coins that are just for laughs, SHIB aims to be more useful. It’s built on the Ethereum blockchain, making it compatible with Ethereum’s DeFi (decentralized finance) and NFT (non-fungible token) projects. This gives Shiba Inu coin a bit more credibility in the crypto space.

SHIB is mostly about community, with its supporters called the “Shib Army”. This community helped SHIB grow super fast, making it a top 20 cryptocurrency by market cap at its peak. 

One unique thing about Shiba Inu is its early donation to Ethereum co-founder Vitalik Buterin, who burned 90% of the tokens he received, taking around $6.7 billion worth of SHIB out of circulation. He also donated the rest to charity, giving Shiba Inu coin extra buzz and even more popularity.

Pros

  • The most active crypto communities
  • Being on Ethereum lets it work with many DeFi apps and NFTs
  • Its exchange, ShibaSwap, lets users trade and earn rewards

Cons

  • With a 589.51T total supply, it can be hard for SHIB to reach higher prices

3. PEPE ($PEPE)

PEPE ($PEPE)

Pepe is one of the best meme coins inspired by the famous “Pepe the Frog” meme that started on the internet years back. Many fans of meme coins like Dogecoin and Shiba Inu are attracted to Pepe because it feels familiar and fun. Launched in April 2023, it quickly got attention because people liked the humor and memes tied to it.

It was originally created by Matt Furie. Pepe Coin quickly attracted a huge fanbase, especially because it follows a no-tax policy, which is rare among meme coins. This means users don’t face extra charges when buying or selling it. 

Pepe also has a deflationary setup, burning tokens gradually to keep supply in check, which could boost the value over time. The coin uses the Ethereum blockchain (ERC-20), giving it a secure and well-supported environment to operate on.

Pros

  • A strong and loyal community
  • Buying and selling Pepe has no extra taxes
  • Pepe burns tokens over time to decrease the supply

Cons

  • The creators are unknown, which can add uncertainty and reduce trust​
  • Pepe has no major use beyond speculation and community hype

4. Dogwifhat ($WIF)

Dogwifhat ($WIF)

Dogwifhat (WIF) is a quirky meme coin that launched on the Solana blockchain in late 2023. This coin is known for its iconic mascot – a Shiba Inu dog in a pink hat – which sparked widespread online attention.

For some pros, Dogwifhat enjoys a devoted community that keeps the token alive and visible. It also offers opportunities for high short-term returns, making it appealing to meme coin enthusiasts and risk-takers. Additionally, Dogwifhat’s presence on Solana means it benefits from fast transaction speeds. 

However, there are some downsides too. Like many meme coins, it’s highly speculative and susceptible to pump-and-dump schemes, where prices rise fast but can drop just as quickly. It also lacks fundamental value or long-term utility, so investing can be risky if the hype fades.

Pros

  • Fun and meme-based, bringing humor to crypto
  • Strong community feel and high social media presence
  • Great for people who love Internet memes culture
  • Simple to understand, no complex technology

Cons

  • No real tech or project backing it up
  • Mostly dependent on community interest

5. Bonk ($BONK)

Bonk ($BONK)

Bonk is a Solana-based meme coin that launched on Christmas Day in 2022. Unlike many other meme tokens that rely solely on internet hype, Bonk has embedded itself in the Solana ecosystem, making it unique compared to other popular dog-themed coins like Dogecoin or Shiba Inu.

The project started with a large airdrop, giving away 50% of its massive supply to active users in Solana’s community, such as NFT artists and DeFi participants, to increase engagement and make the coin widely distributed from the start.

Bonk quickly gained popularity in early 2023, reaching over 2,000% gains shortly after its launch. The developers also burned 5 trillion BONK tokens to keep the supply under control, which was worth nearly $1 million at the time. Since then, the token has integrated into various Solana platforms, allowing holders to use it in NFT marketplaces and decentralized finance (DeFi) apps, which is rare for a meme coin.

Pros

  • Strong Solana community support, with over 100,000 active holders
  • Fast transactions and low fees, leveraging the Solana blockchain
  • Opportunities to stake BONK for passive earnings
  • Used in Solana-based NFT markets, adding practical use
  • Aimed at decentralizing crypto without VC control

Cons

  • Extremely volatile, with large price swings
  • Memecoin status means it’s largely hype-driven

6. Floki ($FLOKI)

Floki ($FLOKI)

Floki Inu is a meme-inspired cryptocurrency named after Elon Musk’s Shiba Inu dog, Floki. Although it started as a meme token, Floki has expanded into a broader ecosystem with a strong focus on community, real-world utility, and unique projects. 

Operating on both the Ethereum and BNB Smart Chain networks, Floki is one of the few meme coins with a multi-chain setup, making transactions more accessible and affordable. The “Floki Vikings,” a dedicated community, drive the coin’s popularity through active social media campaigns and high-profile marketing, including ads in Times Square and partnerships with major football clubs.

Beyond its meme coin origins, Floki has moved into utility-based functions. It powers “Valhalla”, a play-to-earn gaming metaverse where players can use their Floki tokens. Plus, the Floki ecosystem includes “FlokiFi” for decentralized finance tools, Floki University for crypto education, and a prepaid Visa/Mastercard program allowing users to make purchases with Floki tokens. 

The project has also gained attention for its charitable partnerships, such as with “Pencils of Promise” to build schools in developing countries.

Pros

  • Multi-chain support makes transactions faster and cheaper
  • Unique gaming and educational platforms add real-world utility
  • Large community support through the Floki Vikings
  • Strong marketing campaigns boost visibility and interest

Cons

  • Regulatory concerns due to intense marketing strategies
  • Gaming and DeFi projects are still in development phases

7. Popcat ($POPCAT)

Popcat ($POPCAT)

Popcat is a meme coin inspired by the popular “Popcat” internet meme, featuring a cat named Oatmeal with its mouth opening and closing. This coin was launched on the Solana blockchain in late 2022 and quickly attracted attention thanks to its unique cat-themed concept, which made it stand out in a meme coin market that’s usually filled with dog-themed coins. 

Initially launched with a modest market cap of around $200,000, POPCAT surged to nearly a billion-dollar valuation. POPCAT has a 979.97M total supply of tokens, and most of this supply was placed in liquidity pools to keep trading accessible and community-focused. 

POPCAT’s value is driven mainly by internet popularity, influencers, and its engaging social campaigns. People often buy it because they like the meme, but also because they think it might be the next big thing, similar to early Dogecoin hype.

Pros

  • Fun, viral meme appeal draws community interest
  • Simple tokenomics help with easy trading and community ownership
  • High-profile endorsements and social media boosts visibility

Cons

  • Lacks practical uses or inherent value.
  • No official ties to the original Popcat meme

8. Brett ($BRETT)

Breet ($BREET)

Brett meme coin is one of the most popular meme coins on the Base Chain. It is a blockchain network created by Coinbase. It’s inspired by a character named Brett from the “Boy’s Club” comic, who is portrayed as a fun-loving, laid-back friend of the iconic Pepe the Frog. 

Brett’s character has resonated with the crypto community, and it has built a strong following due to its humorous branding and connection to the Base Chain, which offers lower fees and faster transactions compared to Ethereum.

Launched with a large supply of tokens, BRETT has gained popularity because of its community-driven model. The original developers renounced control over the token, meaning they can’t alter or increase its supply, which builds trust among users and reduces the risk of manipulation. 

Although it doesn’t have any specific utility (like many meme coins), Brett’s success relies heavily on its vibrant community and social media support. In fact, Brett recently hit a market cap approaching $1 billion, with daily trading volumes climbing to tens of millions of dollars, signaling its growth potential.

Pros

  • Base Chain offers lower transaction costs, making it easy to trade
  • The renounced contract can reduce the risk of manipulation by creators
  • High liquidity and major trading volume on platforms like Coinbase

Cons

  • Purely community-driven with no actual use case
  • As a newer meme coin, it could face unexpected issues

9. Dogs ($DOGS)

Dogs ($DOGS)

Dogs meme coin is one of the latest popular coins on the Toncoin (TON) blockchain. It is known for its huge community engagement and fast growth. This coin launched with a bang through a token airdrop that allowed 17 million Telegram users to claim tokens in just two weeks. Thanks to the coin’s appeal, 4.5 million unique wallets now hold DOGS. 

This makes it one of the most widely held tokens on TON, trailing only USDT on the TRON network and Ethereum in terms of holder numbers. The coin’s quick success even caused network outages on the TON blockchain due to high traffic, showing how intense the demand has been.

The Dogs coin is inspired by “Spotty”, a dog mascot created by Telegram’s founder, Pavel Durov, who is known for his playful, community-centered approach. This integration with Telegram and the appeal of the mascot helped DOGS attract a large audience quickly.

Pros

  • Huge community, with millions of token holders already
  • Integrated with Telegram, which boosts daily use and visibility
  • Fair launch with airdrop to existing Telegram users, increasing accessibility

Cons

  • High competition from other meme coins in the market
  • Price has seen volatility since its launch

10. Neiro (First Neiro On Ethereum)

Neiro (First Neiro On Ethereum)

Neiro, often called the “First Neiro on Ethereum”, is the best meme coin with a unique story in the world of crypto. Launched in 2024, Neiro quickly gained popularity, largely due to its origin as a tribute to Kabosu, the Shiba Inu dog that inspired Dogecoin. 

After Kabosu’s passing, Neiro – a new Shiba Inu was adopted, sparking the creation of this new token on Ethereum. This connection to Dogecoin’s legacy made Neiro instantly recognizable and fueled excitement among meme coin fans and investors.

Its community-driven governance means token holders can influence Neiro’s future, which has helped keep its fan base actively engaged and invested in its growth. Since its launch, Neiro has seen rapid price increases and high trading volumes on exchanges like Binance. This hype has led Neiro to a significant market cap, and it’s now one of the best meme coins on Ethereum, following in the footsteps of Dogecoin and Shiba Inu.

Pros

  • Strong Ethereum-based security
  • Large and active community
  • Listed on major exchanges like Binance

Cons

  • Confusion from multiple Neiro projects on different blockchains
  • Competition from other popular meme coins

11. Goatseus Maximus ($GOAT)

Goatseus Maximus ($GOAT)

Goatseus Maximus, also known as $GOAT, is a unique meme coin on the Solana blockchain that’s blowing up because of its connection with an AI bot called Truth Terminal. This AI didn’t create the coin but randomly discovered it, then started promoting it to thousands of followers online.

With crazy posts and “prophecies” that hype up the coin, Truth Terminal’s tweets and mentions have made $GOAT super popular in a short time. The coin’s value has skyrocketed, reaching over $500 million in market cap within weeks.

What makes Goatseus Maximus stand out is its mix of internet humor and the novelty of an “AI prophet” promoting it. Truth Terminal’s posts often talk about a “GOAT singularity” (a fictional event when $GOAT would rule the meme world), creating a “meme religion” vibe. This approach has turned heads and even attracted some big investors in the AI and crypto space, like Marc Andreessen, who helped fund the AI project itself.

Pros

  • Hilarious AI-driven promotion that makes it interesting for meme fans
  • Rapid growth – hit over $500 million in value within weeks
  • Strong online community and hype, which often fuels price
  • Supported on Solana, offering fast, low-cost transaction

Cons

  • No real project roadmap, so future value is uncertain
  • Relies on AI “promotion” which could fade over time

What Is a Meme Coin?

A meme coin is a type of cryptocurrency, but unlike other coins that solve problems or bring tech advancements, meme coins are mostly for fun. They are internet jokes in the form of digital currency

Most meme coins don’t have a real purpose. They’re created to get people talking, make them laugh, and maybe even go viral. Some meme coins are based on popular memes or themes.

The most famous example is Dogecoin, which started as a joke about a Shiba Inu dog back in 2013. But, thanks to online communities and even some tweets from celebrities like Elon Musk, Dogecoin quickly got noticed and became huge. Since then, people have started creating new meme coins like Shiba Inu, Floki Inu, and others, hoping to repeat Dogecoin’s success.

Risks of Investing in Meme Coins

Investing in memes tokens is super risky, so you have to be careful. Here are some risks to consider:

  • High Volatility: Meme coins can go up or down in value very fast. They are not stable, so you might buy it one day, and the next day it loses 50% of its value.
  • No Real Use Case: Most meme coins don’t have any real purpose or utility. They don’t solve problems like other big cryptocurrencies (like Bitcoin or Ethereum). That makes it hard to know if they’ll still be valuable in the future.
  • Influencer Impact: Some meme coins become popular just because celebrities talk about them. For example, Elon Musk tweets about Dogecoin, and it goes up in value. But this hype doesn’t last long. If influencers stop talking about the coin, the price can drop quickly.
  • Scams and “Rug Pulls”: Many meme coin projects can be scams. Developers might hype up a coin, get people to invest, and then disappear with all the money (this is called a “rug pull”). A famous example was a coin called Squid Game Token in 2021; its developers disappeared after collecting millions from investors.
  • Market Manipulation: Investors with a lot of meme coins (called “whales”) can control the market. If they sell a big amount, the price can drop a lot, and if they buy, the price can suddenly rise. This makes it hard for regular investors to know when to buy or sell.

Benefits of Investing in Meme Coins

Even though meme coins are risky, they still attract people. Here’s why some people invest in them:

  • Potential for High Returns: Meme coins can go up in price a lot in a short time. Dogecoin, for example, grew over 12,000% in 2021. If you invest at the right time, you can make big profits. But it’s a gamble.
  • Fun and Community: Traders like the newest meme coins because of the community around them. Dogecoin has a big online community that creates memes, shares jokes, and supports each other. This makes investing in meme coins feel like being part of a club or trend.
  • Easy to Trade: Meme coins are usually listed on popular exchanges, making them easy to buy and sell. Crypto apps like MEXC and Binance allow people to trade meme coins, so even beginners find it easy to start.
  • Hype and Trends: If you like following internet trends, meme coins are a fun way to get involved. They’re driven by what’s popular online, so investing in meme coins feels like joining a big internet trend.
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Types of Crypto Meme Coins (Most Popular Only)

Ethereum meme coins

Ethereum is the top blockchain for meme coins, and it has a ton of famous ones. One of the biggest meme coins on Ethereum is Shiba Inu. It’s nicknamed the “Dogecoin killer” because it tries to beat Dogecoin, which is one of the first meme coins ever. Other popular Ethereum meme coins include Dogelon Mars and Floki Inu.

Solana meme coins

Solana meme coins are getting more popular because Solana is super fast and has low fees. Bonk Inu is one of the most well-known Solana meme coins. It was given for free to Solana users as a kind of community reward, and now lots of people trade it. 

Solana’s community really loves it because it’s one of their own, but it’s not as big as Ethereum meme coins. Solana is also new to meme coins, so there’s a lot of room for more coins to come up. After the launch of Pump.fun, there are millions of meme coins on Solana.

TON meme coins

TON, also known as The Open Network, has a smaller meme coin space. It’s not as mainstream as Ethereum or Solana for memes, but it’s starting to grow. People who use the Telegram app might see TON coins being discussed, as TON is linked to Telegram. It has a community vibe but not many big meme coins yet.

SUI meme coins

SUI is a new blockchain, so its meme coin scene is just starting. There aren’t as many well-known meme coins on SUI yet, but it has potential. SUI is fast and is trying to attract new users, so it might see more meme coins in the future. For now, it’s a waiting game.

Dog meme coins

Dog coins are the kings of meme coins. Dogecoin itself started the whole meme coin trend. It was created as a joke in 2013, but now it’s really popular, even used for tips online. Elon Musk loves Dogecoin, which makes its price jump a lot. 

Other dog-themed meme coins like Shiba Inu, Floki Inu, and Dogelon Mars all try to follow Dogecoin’s success. They all have strong fan bases and big communities.

Cat meme coins

Cat coins are not as famous as dog coins, but they’re still around. Coins like Popcat are trying to be the “cat version” of Dogecoin. There’s also Kitty Coin, but it’s not as popular. Cat coins don’t get as much hype, but who knows? They could grow if the right community builds around them.

Large Cap Meme Coins vs Low Cap Meme Coins

Feature Large Cap Meme Coins Low Cap Meme Coins
Market Capitalization High, often over $1 billion Lower, typically under $500 million
Liquidity High liquidity, easy to buy/sell Low liquidity, can be harder to trade
Price Stability More stable, but still volatile Highly volatile, prices can spike or crash
Availability Listed on major exchanges like Binance, Coinbase Mostly on smaller or decentralized exchanges
Community Support Large, established communities Smaller but often very active communities
Investment Risk Lower risk but lower potential returns Higher risk with high potential for returns
Regulation and Scrutiny Often more scrutinized and regulated Less regulation, more vulnerable to scams

Ways to Identify New Meme Coins

To identify new meme coins in the crypto market, there are some useful strategies and tools:

  1. Look at Social Media and Forums: To find new meme coins, go to social media like Twitter or Reddit. People talk about new coins here, especially if a meme coin is starting to go viral. For example, Dogecoin and Shiba Inu both got popular because people couldn’t stop talking about them on these platforms. It’s all about seeing which coins people are hyped about. Twitter is good for this because it shows trends right away.
  2. Try Some Tracking Tools: There are websites like Dexscreener, DEXTools, and CoinMarketCap. These sites keep track of coins that are trending. Dexscreener is nice because it shows coins on 30+ chains and lets you set alerts, so you know fast if a new coin is doing well. It helps you see the coins that are getting popular before everyone else notices.
  3. Watch Blockchain Activity: You can check new meme coins on blockchains like Ethereum or Solana by going to sites like Etherscan or Solscan. If you see a coin with lots of people buying it, then maybe it’s catching on. Another trick is to watch what big wallets (called “whales”) are buying because big investors often get into coins early.
  4. Look for Presales and Launchpads: There are many meme coins that start out with presales on sites like Uniswap before they’re on popular crypto exchanges. When you buy in crypto presales, you can get the coin at a lower price, but it’s riskier because it’s so new. Coins like Floki started getting popular this way.

How to Choose the Best Meme Coin Projects to Invest In?

To help you pick a good meme coin investment, here’s a guide on what to look for and avoid so you can make smarter choices.

Community Support

Meme coins rely heavily on loyal followers and active fans. If there’s a big, strong community backing the coin, it can make a big difference. Projects like Dogecoin wouldn’t have survived as long as they did without their large, dedicated fans on platforms like Twitter and Reddit

The more people talk about and support a coin, the more likely it is to grow. So, always look at how active the community is – do they engage on social media? Are they building a positive, growing community? A strong base is usually a good sign for future stability.

Real Utility or Use Cases

While most meme coins start as jokes, the ones that survive often have an actual purpose. If a meme coin has potential use cases or a solid plan for the future, it might be worth looking into. 

For example, some meme coins are connected with gaming, NFTs (non-fungible tokens), or specific rewards. A coin with a purpose beyond just trading can attract long-term interest, which is a good sign for investors. 

Celebrity or Influencer Support

If a celebrity with a big following publicly supports a meme coin, it usually gets a lot of attention, which can drive its value up quickly. 

Elon Musk’s support of Dogecoin made a huge difference to its popularity. Every tweet he posted about Dogecoin caused its price to jump.

However, this also means that if the celebrity stops supporting it, the coin might drop in value just as quickly. While celebrity support can bring huge gains, it’s good to be cautious since this type of popularity doesn’t always last.

Tokenomics (Supply and Demand)

Tokenomics means how the coin’s supply and demand are set up. Some coins have a massive supply, while others are limited. If a coin has a limited supply, it might be more valuable over time. 

But, if one person or a few wallets hold most of the supply, they could suddenly sell a lot of coins, causing the price to crash. This happened with Shiba Inu, which had a large supply but then “burned” some tokens to increase demand.

Liquidity and Market Cap

Liquidity means how easy it is to buy and sell the coin without affecting its price too much. If a coin has high liquidity, there are usually enough buyers and sellers, so you won’t have trouble trading. 

Market cap is the total value of all the coins, and a high market cap can mean the project is more stable. Dogecoin and Shiba Inu both have high market caps, which makes them more secure investments compared to smaller meme coins with low liquidity and market cap.

Transparency and Team Behind the Project

Projects that have clear, identifiable team members and honest goals are usually safer. If the team is open about who they are and what they want to achieve, there’s a higher chance the project is real. 

Good projects often share their vision through a “whitepaper”. By reading up on the team and checking their social media, you can spot if they’re truly committed or just looking for quick cash.

Roadmap and Future Plans

A roadmap shows the goals the team has and what they’re planning for the future. If the team has clear plans for the next steps, like launching new features, entering the metaverse, or adding NFTs, it shows they’re serious about growth. 

A project without a roadmap may just be around for quick gains, which could be risky. Reviewing the roadmap can give you an idea if they’re aiming to be around for the long run or just here for the hype.

How to buy Meme Coins?

Buying Meme Coins on Centralized Exchanges

Centralized exchanges are a popular way for beginners to buy meme coins because they’re easier to use and have a secure interface. Here’s a step-by-step on buying meme coins through a CEX:

  1. Choose an Exchange and Create an Account: Start by picking a trusted crypto exchange like Binance, Coinbase, Bybit, KuCoin, or OKX, and create an account. These platforms support meme coins like Dogecoin, Shiba Inu, and PEPE. Sign up using your email, phone number, and set up a strong password.
  2. Complete Verification (KYC): Next, complete the Know Your Customer (KYC) verification, which may require uploading an ID or taking a selfie. This step is needed on most CEXs to prevent fraud. Verification can take a few minutes to a day, depending on the exchange. If you want to use a no-KYC crypto exchange, MEXC is a great option.
  3. Deposit Funds: Once verified, deposit funds into your account. Most CEXs accept bank transfers, debit/credit cards, and even payment apps like Apple Pay, Simplex, Banxa, and more. Be aware of deposit fees, which vary by payment method and region.
  4. Search and Buy the Meme Coin: Use the search bar to find the meme coin you want, like DOGE or PEPE. Once you locate it, choose how much to buy and confirm the transaction. The coins will be added to your exchange wallet.
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Buying Meme Coins on Decentralized Exchanges

Decentralized exchanges are another option for buying meme coins, especially if you’re looking for newer or lesser-known tokens. DEXs operate without a central authority, meaning you trade directly from your crypto wallet. Here’s a simple guide:

  • Get a Web3 Wallet: Start by downloading a Web3 wallet, like MetaMask or Trust Wallet. These crypto wallets are required to interact with DEXs, and they store your cryptocurrency directly.
  • Fund Your Wallet: Deposit some cryptocurrency into your wallet, typically Ethereum (ETH) or a stablecoin like USDC, since DEXs usually pair meme coins with these major tokens. You can buy ETH on a CEX and transfer it to your Web3 wallet.
  • Connect to a DEX: Go to a DEX like Uniswap (for Ethereum-based coins) or PancakeSwap (for BSC-based coins) and connect your wallet. You’ll see a “Connect Wallet” button in the top-right corner. Select your wallet type, follow the prompts, and confirm the connection.
  • Find the Meme Coin and Swap: Once connected, search for the meme coin using its token address (found on official sites or trusted sources like CMC or DEXScrenner). Select the coin, specify the amount, and click “Swap”. Remember that DEX transactions have network fees, known as “gas fees”.

Which Factors Influence the Price of a Meme Coin?

The price of a meme coin depends on a bunch of factors. But, they get their value mostly from hype and popularity. So, let’s look at some main things that influence meme coin prices:

  • Community Support: The bigger the community around a meme coin, the more attention it gets. If people on social media, especially Twitter, start talking about a meme coin, its price can go up fast. More people buying means higher prices, and even a small community can make a big impact.
  • Celebrity Influence: Big names like Elon Musk can make meme coins shoot up in price with just one tweet. If a celebrity mentions or even jokes about a meme coin, people rush to buy it, and this can increase its price suddenly.
  • Market Demand: Demand and supply also play a role. If a lot of people want to buy a meme coin but only a few people are selling it, the price goes up. But if everyone tries to sell at once, the price drops.
  • Media and News: News stories, online articles, and YouTube videos also affect prices. If news spreads that a meme coin is doing well or getting popular, more people start buying it.
  • Platform Listings: If a major cryptocurrency exchange like Binance or Coinbase lists a meme coin, its price often spikes. People see it as more legitimate, so they invest more.

Conclusion

In conclusion, the best meme coins in 2024 are more than just fun; they combine community, hype, and real-world use cases. Coins like Dogecoin and Shiba Inu lead the pack due to their massive communities and solid backing. Newer tokens like Goatseus Maximus and Pepe continue to gain attention, using humor and unique marketing strategies to drive hype. 

Investing in meme coins can be risky because of their volatility, but if done carefully, it can be rewarding. Always research and understand the potential of each coin before jumping in. Whether you’re in for the memes or the potential growth, there’s a coin for everyone in this fun market. You can also check out our related guide on the best crypto to buy right now.

FAQs

Which meme coin will reach $1?

Dogecoin (DOGE) is the one people think has the best chance to hit $1. It’s already the biggest meme coin, with a huge community, and Elon Musk himself often tweets about it. 

At its highest in 2021, Dogecoin reached around $0.58 and currently trading around $0.39, so it isn’t that far from $1. Many people believe that if crypto markets continue bullish moves, Dogecoin might finally reach that $1 milestone.

Is meme coins a good investment?

Meme coins can be fun but aren’t the best “serious” investment. They’re super risky because their prices are mostly driven by trends and social media hype. Some people have made quick money, but others lose a lot too. 

Meme coins are usually not about real-world projects; they’re more like online jokes or trends. So if you’re thinking about meme coins, it’s probably best to only put in money you’re okay with losing.

Are meme coins legal?

Yes, meme coins are generally legal in most countries, but it depends on where you live. Countries like the USA and most of Europe allow meme coins, but they still have rules about trading and taxes. 

Some countries, like China, have banned crypto altogether. But as long as you’re in a country where crypto is legal, you can buy, hold, and trade meme coins without breaking the law.

Which meme coins will boom in 2024?

Predicting which meme coins will boom in 2024 is tricky, but some popular choices are Shiba Inu (SHIB), Dogs, and Pepe Coin. Solana meme coins are also trending currently.  

Shiba Inu has already made huge waves and has a lot of new projects coming up, like its own metaverse. Baby Doge and Pepe Coin are newer but growing in popularity too.

What is the highest-valued meme coin?

Dogecoin (DOGE) is the highest-valued meme coin. As of 2024, its market cap is around $56.62 billion, according to CMC data. Dogecoin was created in 2013, but it’s still the top meme coin, with Shiba Inu following as the second biggest.

How do you find 1000x meme coins?

Finding a meme coin that could go “1000x” is super tough, but here are a few tips. First, look for new coins with a strong community – ones that are getting a lot of attention on social media platforms like Twitter, Discord, and Reddit. It also helps to find coins with low market caps because these have more room to grow. 

Finally, check if the team is active and if the project has some goals, even if it’s a joke. But be careful – most meme coins lose value fast, so only invest a little, if you decide to try.

The post 11 Best Meme Coins to Buy & Invest in 2025 appeared first on NFT Evening.

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7 Best Crypto to Mine in April 2025 https://nftevening.com/best-crypto-to-mine/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-to-mine Tue, 03 Dec 2024 08:14:45 +0000 https://nftevening.com/?p=142876 Crypto mining has become one of the most popular ways to earn digital currency without buying it directly. As a miner, you help verify blockchain transactions, keeping the network secure

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Crypto mining has become one of the most popular ways to earn digital currency without buying it directly. As a miner, you help verify blockchain transactions, keeping the network secure and earning cryptocurrency rewards in return. With so many coins available, choosing the best crypto to mine can seem overwhelming, especially with varying costs, mining difficulty, and profitability

In this guide, we’ll explore 7 top cryptocurrencies for mining in 2025 and provide tips on selecting the best option based on your hardware, electricity costs, and mining goals.

Comparing Best Cryptocurrencies for Mining

Cryptocurrency Mining Rewards per Block Mining Algorithm Hardware Requirements Block Time
Bitcoin (BTC) 6.25 BTC (halving expected soon) SHA-256 ASIC 10 minutes
Monero (XMR) 0.6 XMR RandomX CPU or GPU (ASIC-resistant) 2 minutes
Litecoin (LTC) 6.25 LTC Scrypt GPU 2.5 minutes
Zcash (ZEC) 3.125 ZEC Equihash GPU 1.25 minutes
Dash (DASH) 2.48734 DASH X11 GPU 2.5 minutes
Ravencoin (RVN) 2,500 RVN KAWPOW CPU or GPU (ASIC-resistant) 1 minute
Ethereum Classic (ETC) 2.5 ETC Etchash GPU, but ASIC recommended 13 seconds

Best Crypto to Mine Today: Detailed Reviewed

1. Bitcoin (BTC)

Bitcoin (BTC)

Bitcoin is probably the first cryptocurrency people think of for a mining operation because it’s the original crypto coin, created in 2009. Mining Bitcoin means using powerful computers to solve tough math problems. Each successful solution adds a “block” of transactions to the blockchain, and the miner receives a reward in BTC. 

Right now, miners get 3.125 BTC for each block they successfully solve, though this amount halves every four years (called “halving”). This will keep happening until all 21 million BTC are mined, projected around 2140.

To mine Bitcoin, specialized hardware called ASICs (Application-Specific Integrated Circuits) is necessary. Regular computers or graphics cards just can’t keep up, as they produce way fewer hashes per second than ASICs. For example, top ASICs can handle trillions of hashes per second (TH/s), while GPUs only manage a fraction of that. 

Mining BTC has become so competitive that many people join mining pools, which are groups that combine computing power for better chances. Pool members share rewards based on the work they contributed. While solo mining is possible, it’s rare to succeed alone due to the high difficulty level, which automatically adjusts every two weeks to keep the block-solving time close to 10 minutes

You can read our in-depth guide on how to mine Bitcoin.

2. Monero (XMR)

Monero (XMR)

Monero coin mining is one of the most beginner-friendly ways to start with crypto mining. Unlike other cryptos like Bitcoin, which need specialized hardware (ASICs), Monero uses an algorithm called RandomX. This algorithm is designed to make mining with regular CPUs very effective. 

So, anyone with a decent computer – like a gaming PC with an AMD Ryzen or Intel i9 processor – can start mining XMR from home. CPUs like AMD’s Ryzen 9 5950X or Intel’s i9-10900K are known for high hash rates, which is basically how fast they can solve the math puzzles needed to earn Monero rewards.

To mine Monero, you’ll need mining software, and XMRig is one of the most popular choices. It’s compatible with CPUs and GPUs. A typical block reward for Monero miners is about 0.6 XMR every two minutes. 

Monero’s “tail emission” model keeps this reward going indefinitely, which encourages cryptocurrency miners to stay active long-term. This reward model, plus Monero’s strong privacy features, makes it a popular choice for smaller, privacy-focused miners. Mining Monero is energy-efficient, especially compared to Bitcoin, making it a good option if you want to try mining without huge upfront costs.

3. Litecoin (LTC)

Litecoin (LTC)

Like Bitcoin but faster, Litecoin (LTC) is another best crypto to mine for beginners since it’s a well-known and reliable cryptocurrency. Litecoin was created in 2011 and is designed to process transactions quicker, with block times around 2.5 minutes compared to Bitcoin’s 10 minutes. 

It works on a proof-of-work (PoW) system using an algorithm called “Scrypt”, which makes it a bit different from Bitcoin’s mining. This algorithm needs less energy and memory, so mining Litecoin is less intense than Bitcoin mining, but you still need solid hardware.

To mine Litecoin, you typically need an ASIC miner, which is special equipment made for crypto mining. Mining solo, however, isn’t practical for most miners since Litecoin’s mining difficulty has increased. Instead, joining a mining pool like LitecoinPool or F2Pool is common. For a complete setup, you’ll also need Litecoin crypto mining software (like CGMiner or EasyMiner), a wallet to store your mined LTC, and a stable internet connection.

4. Zcash (ZEC)

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Zcash (ZEC) is another best cryptocurrency to mine because it’s known for strong privacy and relatively accessible mining options. It uses a special algorithm called Equihash, which works well with GPUs, making it possible for home miners with decent graphics cards to participate.

Its mining performs best with Nvidia cards, like the GTX 1070 or RTX 3070. ASICs can also be used, but Zcash originally designed Equihash to be GPU-friendly to keep mining decentralized. That said, ASIC miners are still more efficient but cost a lot more to set up.

For software, options like EWBF, Gminer and NiceHash are popular among Zcash miners, especially for Nvidia GPUs, as they’re optimized for Equihash. A block reward for Zcash miners is around 3.125 ZEC.

5. Dash (DASH)

Dash (DASH)

Dash is mined using a unique method called the X11 algorithm, which combines 11 different hashing functions. This algorithm was created specifically for Dash, making it both efficient and secure. 

Compared to Bitcoin, Dash mining is less power-hungry and can offer more stable profits because of its unique block reward reduction model. Instead of cutting rewards in half every four years, Dash reduces its block rewards by about 7% yearly. This slower reduction rate makes mining a bit more predictable for beginners.

Dash also uses a two-layer system with “masternodes”. These special nodes handle important network features, like InstantSend (for fast transactions) and PrivateSend (for extra privacy). Masternodes get rewards too, splitting earnings with miners, making the Dash network more secure and decentralized. On average, each mined block rewards about 2.48734 DASH.

6. Ravencoin (RVN)

Ravencoin (RVN)

Ravencoin (RVN) is the best crypto to mine with GPUs, especially if you’re mining on a budget. Unlike Bitcoin, which uses ASIC (special mining hardware), Ravencoin uses a KAWPOW algorithm, making it ASIC-resistant and great for GPUs. Even without high-end, expensive equipment, you can still mine it using a regular GPU.

Mining pools like RavenMiner or F2Pool are common for Ravencoin, allowing you to combine your mining power with others and share rewards more consistently. With a block reward of 2,500 RVN every minute, it’s pretty accessible and rewarding for beginners wanting to earn crypto.

7. Ethereum Classic (ETC)

Ethereum Classic (ETC)

Ethereum Classic (ETC) is the best crypto to mine for beginners because it’s still based on the Proof-of-Work (PoW) system, just like the original Ethereum. It uses a modified version of the Ethash algorithm called Etchash, making it easier for miners who don’t have super expensive hardware. 

You can get started with a decent GPU, and 4GB of VRAM is enough due to the smaller DAG size compared to Ethereum’s (now inactive for mining) requirements. Some miners even use ASIC rigs like the Jasminer X4. For a GPU-based setup, look for options with high hash rates  and lower power usage.

To improve your chances of earning, you’ll probably want to join a mining pool. Nanopool, Ethermine, and F2Pool are popular choices, usually charging around 1% in fees. You can expect to earn about 0.64 ETC per day per standard GPU rig, although this depends on electricity costs and current ETC value.

What is Crypto Mining?

Crypto mining is the process of using computers to create new crypto coins, like Bitcoin or Ethereum Classic, and validate transactions on a blockchain network. It’s like solving really hard math puzzles. 

Miners use powerful computers to guess a number, called a “hash”, which verifies transactions in a “block”. Once the puzzle is solved, a new block is added to the blockchain, and the cryptocurrency miner gets rewarded.

In the early days, people could mine Bitcoin using normal home computers, but as the demand and difficulty increased, mining got way harder and required more powerful machines. 

Today, most successful miners use specially designed hardware and join “mining pools”, where miners work together and share rewards. Mining is super important for keeping blockchains secure and decentralized by checking transactions without needing a central authority, like a bank.

What Do You Need to Mine Cryptocurrency?

Mining Hardware

There are three main types of hardware used for cryptocurrency mining, which are CPU, GPU, and ASIC mining.

CPU Mining

This method uses your computer’s central processor to mine coins. It was popular at the start of Bitcoin, but now, it’s too slow and unprofitable for major cryptocurrencies due to the high difficulty. Some smaller coins still allow CPU mining, but it’s not a go-to choice for serious miners.

GPU Mining

GPU mining uses graphics cards (the same hardware that runs video games) to solve mining puzzles. GPUs can handle a lot more data than CPUs and are good for mining coins like Ethereum Classic or Ravencoin. 

GPU mining setups, or “rigs”, have several graphics cards and can be cost-effective and flexible since they can mine various coins depending on profitability.

ASIC Mining

ASICs (Application-Specific Integrated Circuits) are custom-built devices for mining specific coins, like Bitcoin or Litecoin. ASICs are super fast and efficient, but they’re expensive and only work for certain coins. 

Plus, new ASIC models keep coming out, so old models can quickly lose profitability. However, for high-demand coins, ASIC mining can still be the most powerful option.

Mining Software

Crypto mining software is the tool that allows your hardware to perform the calculations needed to mine cryptocurrencies. It essentially connects your hardware to the blockchain network and manages the mining process.

Some of the best Bitcoin and crypto mining software include CGMiner and EasyMiner. They are highly optimized to address the miner needs: connecting to the blockchain, managing hardware, and maximizing profitability.

Cloud Mining

With cloud mining operations, you don’t need to own any hardware. Instead, you pay a fee to rent someone else’s mining power. The company does the mining, and you get a share of the reward. 

It’s easy and doesn’t require maintenance, but it can be risky since some cloud mining services charge high fees or turn out to be scams.

Mining Pools

Mining pools are groups of miners who combine their computing power to mine more efficiently. They split the reward based on each person’s contribution. Mining pools are almost a must-have for solo miners because, alone, you have a tiny chance of finding a block. But in a pool, rewards come more often, even if they’re smaller.

How to Pick the Best Crypto to Mine?

Mining crypto profitability depends on factors like equipment, electricity costs, and the coin’s value. Here’s how you can find a good coin to mine.

Profitability

Profitability calculators, like whattomine.com, can help estimate how much you might earn by mining different coins. Input your hardware and electricity costs, and you’ll get a list of cryptos that are potentially profitable. 

Bitcoin is now the most profitable cryptocurrency for mining, due to its strong value and liquidity. Litecoin and Ethereum are also popular and in high demand among miners, increasing their market value.

Block Reward and Halving

Every crypto has a specific block reward. For example, Bitcoin currently rewards 3.125 BTC per block, but this reward halves about every four years. 

This halving event cuts down mining rewards, making the coin scarcer and, theoretically, more valuable. So, understanding a coin’s reward cycle can help in choosing a long-term profitable coin.

Mining Difficulty

Difficulty is how hard it is to mine a new block. As more miners join the network, the difficulty goes up, meaning it’s harder to earn rewards. 

Bitcoin’s difficulty, for example, has increased over the years, making solo mining practically impossible without high-powered ASICs. Mining smaller or newer coins with less difficulty might yield better results for smaller miners.

Electricity Costs

Mining uses a ton of electricity, and high power costs can eat into profits. Most miners calculate how much energy their hardware uses to see if they’re making enough money to cover costs. 

Some areas with cheaper electricity (or green energy options) help miners get a better profit margin. You can read our detailed research report on Electricity Costs to Mine 1 Bitcoin at Home Around the World.

Type of Mining Hardware

The type of coin you pick often depends on your hardware. ASIC miners are powerful but limited in what they can mine, while GPUs can mine various coins but may be less efficient on high-difficulty networks. So, if you already have hardware, it’s best to find coins suited to what you own.

Market Value and Liquidity

Even if a coin is profitable to mine, it’s important to check its market value and how easy it is to sell. Coins with low value or low trading volume can be hard to turn into real money. 

Bitcoin, Litecoin, and Ethereum Classic are solid choices because they’re widely traded and have high demand.

Community Support and Development

Coins with strong development teams and active communities are generally more reliable. They’re likely to have regular updates, security fixes, and a stable future, making them safer for miners. 

Bitcoin and Ethereum are prime examples with huge communities, but projects like Ravencoin also show good support and growth.

Is It Worth Mining Bitcoin and Crypto?

Bitcoin mining is still profitable, but is more challenging and complex than it used to be, especially due to Bitcoin’s halving in April 2024. Halving reduced Bitcoin block rewards from 6.25 to 3.125 BTC per block, making it harder for miners to earn as much as before. As a result, miners need to consider the costs of electricity, hardware, and mining pool fees more carefully.

Mining crypto is easier if you have access to cheap electricity and efficient hardware like ASIC miners, which are necessary to mine Bitcoin and some other major cryptocurrencies. However, these setups are not cheap – ASIC miners can cost $2,000 to $10,000 each, and electricity costs make up about 60-75% of a miner’s expenses. For Bitcoin, it now costs around $45,000 to mine one coin, making it critical for miners to monitor the coin’s price to see if it stays high enough for them to profit (around or above $45,000 for Bitcoin).

Mining cryptocurrency, including Bitcoin, can be profitable. However, the profitability depends on various factors including electricity costs, hardware costs, mining difficulty and market volatility. That’s why you need to plan carefully, use efficient hardware, and manage expenses. For new and small miners, profitability may be limited without access to cheap power or the ability to join a mining pool.

Tips to Mine Crypto

  • Select the Right Hardware: The most important tool for mining is your hardware. ASIC miners are essential for Bitcoin and some other cryptos, while GPUs are popular for smaller coins like Ravencoin. Efficient hardware can save power and increase your mining speed.
  • Choose Cheaper Electricity: Since electricity is a major cost in mining, having access to cheap power is key. Countries with low energy costs, like Iran, are popular for mining.
  • Join a Mining Pool: Mining pools combine the computing power of multiple miners, increasing your chance of earning rewards. Some of the biggest mining pools include F2Pool.
  • Consider Cloud Mining for Lower Setup Costs: Cloud mining can help those without big upfront investments to mine without owning the equipment. Popular platforms include Binance Cloud and Hashmart, but fees can reduce profits.
  • Optimize Cooling and Maintenance: Mining hardware can overheat, causing performance issues. Set up good cooling systems and check equipment regularly to avoid costly repairs.
  • Pick the Right Coin: While Bitcoin is the biggest cryptocurrency, mining other coins with lower competition, like Monero or ZCash, might be more profitable depending on your setup.
  • Stay Updated on Mining Difficulty: The mining difficulty is how complex the mining algorithm is, and it adjusts based on the network’s computing power. Monitor it to determine which coins may be easier to mine at different times.

Conclusion

Mining crypto in 2025 is tough, with high costs and intense competition. Bitcoin mining is mainly for those with powerful hardware and access to affordable electricity. For casual or beginner miners, cloud mining or joining a pool can be good options to get started with lower costs. 

The future of mining depends a lot on electricity prices, the crypto market, and technology. If you’re considering mining, make sure to have a plan, choose efficient tools, and always calculate costs carefully. Mining is worth it, but only with the right approach and resources.

FAQs

Is mining crypto legal?

Yes, in most countries, mining crypto is legal. However, some countries, like China, have banned it due to its high energy use and environmental impact. Always check your country’s laws before starting.

How hard is it to mine cryptocurrency?

Mining difficulty depends on the coin and the competition. Bitcoin, for instance, has a very high mining difficulty, making it hard without advanced ASIC miners. Coins with lower difficulty, like Ravencoin, can still be mined with GPUs, but they may be less profitable.

What is the easiest crypto to mine?

Monero (XMR) is one of the most popular cryptocurrencies among home miners. It is well-known for its privacy focus and RandomX algorithm, which is designed to be ASIC-resistant. This makes Monero easy to mine with CPUs, meaning you can simply use a standard home computer instead of expensive specialized hardware.

Which coin is the fastest to mine?

Mining speed depends on algorithm and hardware, but cryptocurrencies like Ravencoin (RVN) and Dogecoin (DOGE) usually confirm transactions quicker due to their fast block times (around 1 minute) and low mining difficulty.

How is cryptocurrency mining taxed?

Cryptocurrency mining is taxed as income in the United States, and whether it’s treated as a hobby or a business affects how much tax is owed. If you mine casually as a hobby, you report your mining income on Form 1040, but you can’t deduct any expenses, such as electricity or equipment costs. 

On the other hand, if mining is a business, you can deduct various expenses – like electricity, equipment, and maintenance costs – to reduce taxable income. Business miners also owe a 15.3% self-employment tax on their income in addition to regular income tax rates.

The post 7 Best Crypto to Mine in April 2025 appeared first on NFT Evening.

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10 Best Crypto Presales to Invest in January 2025 https://nftevening.com/best-crypto-presales/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-presales Fri, 29 Nov 2024 01:57:03 +0000 https://nftevening.com/?p=142013 Are you looking to find the best crypto presales for your next investment? Crypto presales are a unique chance to get in early on exciting projects before they go public.

The post 10 Best Crypto Presales to Invest in January 2025 appeared first on NFT Evening.

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Are you looking to find the best crypto presales for your next investment? Crypto presales are a unique chance to get in early on exciting projects before they go public. In these presales, you can buy tokens at lower prices, with the potential for big rewards as the projects grow. 

But with so many options out there, it can be tough to know which presales are worth your time and money. In this guide, we’ll dive into some of the most promising crypto presale projects, what they offer, and how to pick the right one for you.

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List of Best Crypto Presale Projects to Buy Right Now

We have reviewed over 50 latest crypto presale projects based on project type, team expertise, tokenomics, security, and more. Here is our list of the top 10 best crypto presales to invest in right now:

  1. Pepe Unchained ($PEPU): Top crypto presale with unique staking benefits
  2. Memereum ($MEME): Best presale crypto with high staking APY
  3. Crypto All Stars ($STARS): Leading meme coin presale with staking rewards
  4. Flockerz ($FLOCK): Crypto presale with vote-to-earn rewards
  5. Memebet Token ($MEMEBET): Web3 casino and betting crypto presale
  6. Shiba Shootout ($SHIBASHOOT): Wild West-themed crypto with staking rewards
  7. 5thScape ($5SCAPE): Top crypto presale for the VR gaming ecosystem
  8. LuckHunter ($LHUNT): Crypto VR casino with staking rewards
  9. EarthMeta ($EMT): Metaverse crypto presale with NFT cities
  10. Artemis ($ARTM): Blockchain-powered e-commerce platform

10 Best Crypto Presales Reviewed: Detailed Analysis

1. Pepe Unchained ($PEPU)

Pepe Unchained ($PEPU)

Pepe Unchained is a Layer 2 blockchain project built specifically for the meme coin space. The main goal is to give you faster transactions, lower fees, and a unique staking setup that benefits early supporters, especially those joining during the presale phase. Operating as a Layer 2 network, Pepe Unchained runs on top of Ethereum, which means it can process 100x transactions quicker and at a lower cost.

The smart contract has been carefully audited to catch any vulnerabilities that could be exploited. It’s also designed to be non-upgradeable, meaning no one can make changes to its functions once it’s deployed. Important functions like token minting (creating new tokens) and burning (reducing supply) are also limited. This setup helps keep $PEPU’s token supply stable and reduces risks of unexpected changes in token quantity.

Pepe Unchained’s staking model is another big draw. This model offers high rewards, especially for early investors. By staking, you earn rewards on your investment, and Pepe Unchained aims to double these staking returns by using the benefits of Layer 2 technology. This staking reward model is one reason why $PEPU appeals strongly to presale investors looking for high returns.

The project is also very community-driven, maintaining open communication through channels like Telegram and Twitter. This keeps you informed and engaged with updates and project news. As a meme coin project, Pepe Unchained stands out for its blend of humor with real crypto benefits. The $PEPU token powers the ecosystem and aims to provide both fun and financial value for its users.

Presale Starting Date June 2024
Presale Invest Methods ETH, USDT,  and Credit/Debit Cards
Integrated Blockchain Pepe Unchained (Ethereum L2)
Presale Launch Price $0.008
Current Price $0.01219

Pepe Unchained Roadmap

  • Revitalizing Pepe: Pepe Unchained sets out to redefine its future by integrating Layer 2 technology. This evolution strengthens Pepe’s ecosystem and prepares it to launch significant rewards.
  • Explosive Presale: During the presale, Pepe Unchained doubles staking rewards, creating a surge of early support and engagement on the blockchain.
  • Launch of Layer 2 Blockchain: After the presale, Pepe Unchained’s Layer 2 blockchain goes live, aiming to transform the meme coin landscape with advanced tech and scalability.

2. Memereum ($MEME)

Memereum ($MEME)

Memereum ($MEME) is a new cryptocurrency project with a unique focus on security and ease of trading. Unlike most projects, it offers a built-in insurance-backed decentralized exchange (DEX) called “MemeSwap”.

The Memereum presale has been a big success. So far, over 32.3 million tokens have been sold, with more than 8,000 people showing interest. When Memereum launches on major exchanges, including MemeSwap, BitVenus, and Azbit, the token is expected to be worth $0.45, a significant jump from its starting price.

Early investors benefit from a high annual percentage yield (APY) of over 180% when they stake their tokens. This staking process is automatic, adding to its appeal. In addition, Memereum holds regular airdrop competitions, offering more rewards to keep people engaged.

Community involvement has played a major role in Memereum’s growth. It has both Twitter (X) and Telegram chat channels for engagement. This strong community support is crucial for Memereum’s goal of creating a safe, long-lasting project that keeps investors interested.

Presale Starting Date December 2023
Presale Invest Methods BNB and USDT
Integrated Blockchain BNB Smart Chain
Presale Launch Price $0.0756
Current Price $0.14

Memereum Roadmap

  • Concept Development: Creation of the Memereum concept, website launch, and social media presence.
  • Presale Launch: Initial coin offering (ICO) and community-building efforts.
  • Marketing Phase: Promotion through major news outlets, influencer partnerships, and onboarding of more exchange platforms.
  • Token Listing: Launch on MemeSwap, PancakeSwap, and centralized exchanges (CEXs).
  • Insurance & NFTs: Activation of MEME insurance plans and distribution of NFTs to token holders.
  • Lending & MemeCard: Introduction and distribution of the MemeCard lending application.

3. Crypto All Stars ($STARS)

Crypto All Stars ($STARS)

Crypto All-Stars ($STARS) is one of the most talked-about presales in 2024, designed specifically for the meme coin market. The project has created strong interest among investors, with over $3 million raised so far in its presale. At a starting price of about $0.00138, $STARS offers a price that rises with each phase of the presale. This structure rewards early investors who get in at the lowest price possible.

The main appeal of $STARS lies in its staking system called the MemeVault, a unique platform where you can stake popular meme tokens. Staking rewards are set at a substantial 517% APY, which is rare in the meme coin world. 

The rewards system includes a multiplier option that lets you triple your staking earnings by holding $STARS tokens in the vault. This way, you’re not only holding meme coins for potential value increase but also earning passive income with high returns. MemeVault lets you stake many well-known tokens such as Dogecoin ($DOGE), Floki ($FLOKI), and newer coins like Brett ($BRETT).

The presale’s success so far is backed by a loyal community and a secure framework. This audit ensures that the platform is reliable and safe for investors. Another convenient feature is the ability to buy $STARS using various cryptos, such as ETH, USDT, and even popular meme tokens like Shiba Inu ($SHIB) and Pepe ($PEPE). Payments can also be made with a bank card, adding flexibility to the buying process. Crypto All-Stars aims to list $STARS on major exchanges soon after the presale.

Presale Starting Date August 2024
Presale Invest Methods Crypto and Bank Cards
Integrated Blockchain Ethereum
Presale Launch Price $0.00138
Current Price $0.0015432

Crypto All Stars Roadmap

  • Presale and Staking: Early buyers get $STARS tokens and start staking to earn rewards. Marketing kicks off globally, setting the stage for the launch of the MemeVault ecosystem.
  • Token Launch: After the presale, the $STARS token officially launches. Investors buy and hold more $STARS to increase their staking power in the upcoming MemeVault.
  • MemeVault Launch: The MemeVault staking platform goes live. Investors can stake top meme coins, but only $STARS holders unlock maximum rewards.

4. Flockerz ($FLOCK)

Flockerz ($FLOCK)

Flockerz is an exciting new crypto project that has quickly become popular. In just over a month, it raised more than $1.25 million. The token is called $FLOCK, and it runs on the Ethereum blockchain

Flockerz aims to change the meme coin market by putting control in the hands of the community. This is done through a system called “vote-to-earn” (V2E), where people who hold $FLOCK can vote on important decisions. Not only can you vote, but you also earn rewards for participating. This community-driven approach makes Flockerz stand out from other meme coins.

During the presale, early buyers can purchase $FLOCK for a lower price of $0.0055. The price will go up as more people buy tokens. Currently, 20% of the total supply is available in the presale, with more incentives for those who stake their tokens. Staking allows you to earn rewards on your $FLOCK. Right now, the annual percentage yield (APY) for staking is very high, reaching over 1,300%. This means early supporters can earn a lot by participating now. However, the reward rate may drop as more people start staking.

The token distribution is also worth noting. Seventy percent of $FLOCK’s total supply is allocated for presale and community rewards. This includes 20% for the presale, 25% for voting rewards, and another 25% for staking rewards. The remaining 30% will be used for the project’s growth, like marketing and getting listed on exchanges. This plan helps ensure the project’s sustainability while encouraging community involvement.

Flocktopia is the name of the decentralized organization behind Flockerz. This organization lets $FLOCK holders vote on important matters, like new features and marketing strategies.

Presale Starting Date September 2024
Presale Invest Methods ETH, USDT, and card
Integrated Blockchain Ethereum
Presale Launch Price $0.00551
Current Price $0.0059334

Flockerz Roadmap

  • Launch Phase: Secure the $FLOCK contract through thorough audits, kick off the presale, and initiate a global marketing campaign to attract a diverse community of investors.
  • Growth Phase: Expand the community as interest in $FLOCK grows, leverage influential voices to boost visibility, and establish a strong presence in the Ethereum ecosystem.
  • Final Phase: List $FLOCK on major global exchanges, continue to grow the community, and implement the vote-to-earn mechanism to reward active participants for their engagement.

5. Memebet Token ($MEMEBET)

Memebet Token ($MEMEBET)

The Memebet Token is a new project blending meme coin culture with crypto betting, attracting attention with its unique Web3 casino. So far, it has raised over $563,000 in presale funds. 

Memebet Casino, based on Telegram, allows users to gamble with popular meme coins like Dogecoin and Shiba Inu. But owning $MEMEBET comes with exclusive rewards, including VIP benefits, special airdrops, and loyalty perks aimed at creating a strong user base of regular players.

Currently, $MEMEBET is available in its presale phase at around $0.0264 per token. Early buyers gain access to ongoing airdrops and wagering bonuses, along with the chance to win prizes such as $1,000 in tokens or signed merchandise. 

Memebet Casino’s Telegram setup allows players to join and gamble without complex KYC processes. This makes it accessible for crypto enthusiasts who prefer privacy and ease of access.

With a large social media presence and over 13,000 followers, Memebet is committed to creating a strong community. The platform has also partnered with the Argentina National Football Team, attracting a new group of sports fans and meme coin enthusiasts. Coinsult has conducted a smart contract audit on $MEMEBET, adding credibility and security to the project for new and existing investors.

Presale Starting Date September 2024
Presale Invest Methods ETH, USDT, BNB, and card
Integrated Blockchain Ethereum
Presale Launch Price $0.025
Current Price $0.0264

Memebet Token Roadmap

  • Stage 1: Launch the presale site and deploy contracts. Start development for the web casino and sportsbook, and onboard marketing experts.
  • Stage 2: Launch the web casino and sportsbook. Start the first season of wagering airdrops and develop lootboxes.
  • Stage 3: Roll out casino promotions and bonuses. Hold community events and competitions, and finish the presale.
  • Stage 4: Launch the Memebet VIP program and affiliate program. Continue marketing efforts and reveal the second airdrop season.
  • Stage 5: Engage the community with polls and forums. End the second airdrop season and introduce new meme coins and exclusive games.

6. Shiba Shootout ($SHIBASHOOT)

Shiba Shootout ($SHIBASHOOT)

Shiba Shootout is a new meme cryptocurrency built around a fun Wild West theme. It’s attracting attention for raising over $1.2 million in its early presale, which has shown strong interest from investors. Currently, you can buy $SHIBASHOOT for $0.021 per token during this phase. The creators aim to make this coin more than just a meme, offering holders various ways to use and benefit from it.

The token has a playful “Shiba Gulch” virtual town where holders can join meme battles, tell stories around virtual campfires, and participate in Wild West-style contests. These activities are designed to create a tight-knit community within the Shiba Shootout ecosystem and stand out in a market where many dog-themed coins have been quiet.

A notable feature is the “Cactus Staking” system, where holders can lock in their tokens to earn additional $SHIBASHOOT rewards. This incentivizes people to hold the token for longer periods. The “Lucky Lasso Lottery” also offers lottery-style rewards for holders, allowing for potential bonuses based on how long you keep your tokens.

To encourage growth, Shiba Shootout has set up a “Posse Rewards” referral program. This means you earn bonus tokens whenever someone new joins through your referral. The project’s governance model also invites community voting.

The Shiba Shootout token distribution is designed to support both growth and engagement. Around 35% of tokens are available in the crypto presale, while 20% go to staking. Marketing initiatives receive another 20%, with the remaining tokens split between development and liquidity for future exchange listings.

Presale Starting Date April 2024
Presale Invest Methods ETH, USDT, and card
Integrated Blockchain Ethereum
Presale Launch Price $0.0187
Current Price $0.021

Shiba Shootout Roadmap

  • Phase 1: Conduct research and development, deploy the token contract, create social media channels, and secure marketing partners.
  • Phase 2: Start the token presale, launch a marketing campaign, make a $SHIBASHOOT trend, and conclude the presale for token claims.
  • Phase 3: Launch the full play-to-earn (P2E) game on Google and Apple stores, launch the token on decentralized exchanges (DEX), and aim for trending status on DexTools, CoinGecko, and CoinMarketCap, followed by listings on centralized exchanges (CEX).

7. 5thScape (5SCAPE)

5thScape (5SCAPE)

5thScape is an innovative crypto project focused on creating a virtual reality (VR) and augmented reality (AR) ecosystem powered by blockchain technology. Built on the Ethereum network and supported by the Skale Network Layer 2, 5thScape is designed for a smooth, scalable experience with low transaction fees – ideal for gaming and interactive virtual environments. 

The project has already raised over $7.55 million in its presale phase, selling tokens at $0.00187 initially. Each presale round raises the token price, with a goal of $0.01 at launch, which would represent a potential 434% return for early buyers.

5SCAPE, the native token of 5thScape, fuels all in-game purchases and exclusive content access. It’s central to the platform, letting users unlock special features, buy VR content, and even earn staking rewards

For developers, 5SCAPE tokens are a reward for contributing games and content to the platform, encouraging a rich variety of VR experiences. The staking pool, which grows with user subscriptions and activity, offers additional income opportunities for token holders.

5thScape offers an expanding lineup of immersive VR games, like Cage Conquest (an MMA fighting game) and Immersive Kickoff (a soccer experience). Beyond gaming, 5thScape aims to blend VR with education, virtual commerce, and entertainment, making it more than just a gaming hub. The team also plans to release VR hardware, such as headsets, to enhance the experience. This hardware could be discounted for large investors, adding another layer of appeal.

Presale Starting Date Q1 2024
Presale Invest Methods ETH, MATIC, USDT, UPI Payments, and card
Integrated Blockchain Ethereum
Presale Launch Price $0.00187
Current Price $0.00433

5thScape Roadmap

  • Phase 1: Q1 2024: Launch the presale and focus on building the community. Release the trailer for “Cage Conquest”.
  • Phase 2: Q2 2024: Release “Cage Conquest” and continue to grow the community. Share the trailer for “Epic Arena”.
  • Phase 3: Q3 2024: List the tokens on exchanges and platforms like CoinMarketCap and CoinGecko. Release the trailer for “Immersive Kick Off”.
  • Phase 4: Q4 2024: Launch “Epic Arena,” secure private funding, and release trailers for “Archery Master” and “Thrust Hunter”.

8. LuckHunter ($LHUNT)

LuckHunter ($LHUNT)

LuckHunter is a new crypto project that combines blockchain and VR to create an immersive online casino. It offers players a unique, 3D experience with games like crypto slots, blackjack, and poker, aiming to make online gambling more engaging and transparent.

The $LHUNT token is the main currency on the LuckHunter platform, built on Ethereum but also compatible with Binance Smart Chain and Polygon. With this token, you can access games, earn rewards, and even participate in decisions about how the platform evolves. There are staking rewards for holding $LHUNT, and exclusive game access for token holders. Right now, early buyers can get $LHUNT at its presale price of just $0.001 USDT.

The platform also adds value through regular giveaways and credits that presale participants can use immediately once the casino launches. Through its P2E model, players can earn while they enjoy LuckHunter’s 3D games.

LuckHunter’s total supply of tokens is 8 billion, with 50% available during the presale. This limited availability creates scarcity, which could raise the token’s value. The team estimates that buying $LHUNT at its presale price could potentially bring 10x returns soon after launch.

Presale Starting Date Q4 2024
Presale Invest Methods ETH, MATIC, BNB, and card
Integrated Blockchain Ethereum, BNB Chain, and Polygon
Current Price $0.001
Exchange Listing Price $0.005

LuckHunter Roadmap

  • Q4 2024: Project setup begins, including smart contract development, website launch, and early casino design.
  • Q1 2025: Presale stages 1-5 start on their site. The team will beta-test the platform, develop games, and start marketing.
  • Q2 2025: Presale stages 6-10 continue, leading up to the full launch of the casino platform, token listing, affiliate programs, and security checks.
  • Q3 2025: Focus on adding in-house games, expanding marketing, building community engagement, and launching a mobile app.

9. EarthMeta ($EMT)

EarthMeta ($EMT)

EarthMeta is a unique crypto project that creates a virtual version of Earth, bringing real cities and landmarks into a digital world. Built on the Polygon blockchain, EarthMeta enables fast transactions with low fees. The project aims to transform digital real estate, offering users a chance to own and trade virtual cities as NFTs. 

EarthMeta’s presale, which started on June 1, 2024, aims to raise $2.8 million by selling 210 million $EMT tokens at $0.012 each. These tokens are immediately unlocked, making them attractive to early investors.

With EarthMeta, you can buy entire cities within a virtual environment. When you own a city, you become a “Governor” and can split it into smaller parts—such as monuments, buildings, or other landmarks. These smaller assets can be traded on the EarthMeta marketplace, and as a Governor, you earn a 1% fee on all transactions within your city. 

The presale also rewards early participants with high staking returns, offering up to 186% APY, and provides tiered bonuses. Early buyers can receive up to a 30% token bonus, with the bonus gradually lowering in later presale stages.

EarthMeta’s ecosystem will function through a Decentralized Autonomous Organization (DAO), allowing Governors to have a say in policies and economic decisions. The project plans to integrate Augmented Reality (AR) and Virtual Reality (VR) to make the experience more immersive, so you can “visit” and interact with your virtual land.

Presale Starting Date June 2024
Presale Invest Methods ETH, MATIC, USDT, and card
Integrated Blockchain Polygon
Current Price $0.015
Exchange Listing Price $0.03

EarthMeta Roadmap

  • In Stage 1, EarthMeta will focus on driving token usage through platform adoption, limited token supply, and staking incentives.
  • In Stage 2, EarthMeta will strengthen its position in the metaverse through strategic partnerships and expansion efforts.

10. Artemis ($ARTM)

Artemis ($ARTM)

Artemis is a new presale coin that aims to bring the ease of blockchain technology to online shopping. Think of it as a decentralized version of platforms like Amazon or eBay, but with added security and fewer fees. With Artemis, users can buy and sell products or services using cryptocurrency. This setup lets users avoid intermediaries, saving them on transaction fees and giving them more control over their trades.

The presale of ARTMS tokens has already been a success, raising nearly $700,000, and early investors have seen a price increase of over 160%. The token’s initial price was $0.00055, which has now risen to $0.0018. These initial funds will help fuel the launch of its e-commerce platform, which is scheduled soon after the presale ends.

The platform operates on several major blockchains, including Ethereum, Solana, and BNB, which makes it highly adaptable and better suited for cross-border transactions.

Presale Starting Date Q3 2024
Presale Invest Methods ETH, SOL, USDT, and card
Integrated Blockchain Ethereum, Solana, and BNB chain
Current Price $0.0018

Artemis Roadmap

  • Foundation Phase: Launches website, social media, smart contracts, and community-building efforts.
  • Growth Phase: Starts the presale, expands marketing, secures decentralized exchange (DEX) listings, and progresses in platform development.
  • Expansion Phase: Lists on centralized exchanges (CEX), launches the Artemis Market, integrates the Artemis Coin, and introduces a community rewards program.

How to Choose the Best Crypto Presales to Invest?

Choosing the right and best crypto presales can be tricky, but checking a few key details makes it easier. Here’s what to keep in mind before investing:

Project Team

The team behind a project is critical to its success. You want to know the background of the founders, developers, and advisors. Are they experienced in blockchain, finance, or tech? Checking their profiles on LinkedIn or social media can help you understand their expertise. When a project has a skilled team, it’s usually more trustworthy.

Whitepaper and Roadmap

The whitepaper is the project’s main guide. It explains the project’s purpose, technical details, and its goals. A good whitepaper should tell you why the project exists, what problem it solves, and how it’s different from similar projects

The roadmap, meanwhile, is like a timeline. It shows you the major steps planned and what’s coming next. If the roadmap seems clear and realistic, that’s a good sign.

Token Distribution

Tokenomics, or the token’s economic model, is also important. Look into the total supply of tokens and how they are distributed. Is there a limit on how many tokens can be made? If tokens are unlimited, the value might drop over time due to inflation. Pay attention to token allocation as well. If the team keeps a big share for themselves, they might sell off early, which could harm the token’s value. 

Security Audits

In crypto, security matters a lot. A solid presale project usually goes through a third-party security audit. Companies like CertiK or Hacken review the project’s code to find any security risks. If there’s no audit, it might be too risky. 

You might also see if they have a bug bounty program. This is where the project rewards people who find security issues, which shows they care about safety.

What is a Crypto Presale?

A crypto presale is when a new cryptocurrency project sells its tokens before they are available to the public. This sale usually happens at a lower price, giving early investors a discount. Crypto projects use presales to raise funds, often to pay for things like development, marketing, or other costs before launch.

For investors, presales are a way to buy into a project early. You can get tokens at a lower price, hoping that the value will rise once they’re on the open market. It’s similar to getting shares in a company before it goes public.

Cryptocurrency presales often happen in stages, like private and public rounds. Private presales are typically for selected investors, such as large funds or partners. Public presales are open to more people and may have fewer restrictions.

Some well-known crypto projects like Ethereum, Solana, and Cardano had successful presales. Investors who bought in early saw massive gains after these projects became popular.

How Do Crypto Presales Work?

Crypto presales follow a few key steps. Here’s how they typically work:

  • Project Announcement and Whitepaper: First, the project team releases a whitepaper, which explains their idea, goals, and technology. It helps investors understand what the project is about and why it matters.
  • Token Creation and Pricing: The team then creates tokens and sets aside a certain amount for the presale. These tokens are usually made on a blockchain like Ethereum or BNB Smart Chain. They are priced lower than the team expects them to be worth at launch, so early investors get a deal.
  • Funding Goal and Presale Duration: Presales often set a “hard cap” (maximum funds to raise) and a “soft cap” (minimum funds needed). The presale might last a few weeks or even months, depending on the project’s needs.
  • Investor Participation: If you want to join a crypto presale, you usually need to buy coins on the project’s site or on a platform hosting the sale. Some projects have restrictions based on location or investor type due to laws.
  • Token Distribution: After the presale, tokens go to your crypto wallet. Sometimes there’s a “vesting schedule”, meaning you’ll get your tokens gradually to prevent huge sell-offs right after launch.

Benefits of Investing in Crypto Presales

Presales can be attractive because they offer several benefits. Here’s a look at the main ones:

  • Lower Entry Price: The biggest perk is the discount. You get to buy tokens at a lower price than what they might sell for when launched.
  • Access to New Projects: You get early access to fresh projects, often before the public. If you believe in the project, investing early helps it grow while giving you a chance for a good return.
  • Potential High Returns: Early investors can see big gains if the project succeeds. For example, Ethereum’s presale price was around $0.30 per token. It later rose to over $3,700 in 2024, creating huge profits for early buyers.
  • Portfolio Diversification: Presales allow you to invest in different areas of crypto, like DeFi, NFTs, or Web3, which can help you spread risk across various types of projects.
  • Community Involvement: Investing early often gives you access to exclusive project updates, voting rights, or other perks. Many projects value early supporters and may reward them with extra benefits.
  • Staking and Rewards: Some presale tokens offer staking. This means you can earn extra tokens by holding them, which can add to your profits.

Risks of Investing in Crypto Presales

Crypto presales can be profitable, but they also carry risks. Here’s what to consider:

  • High Volatility: Crypto is very volatile. Even a promising project can see its token price jump or drop significantly once it hits the open market. Some tokens lose value quickly after launch, which can lead to losses.
  • Project Failures and Scams: Not every project succeeds, and sadly, some presales are scams. Scams like “rug pulls” happen when the team disappears after taking the funds. Doing your research can help you avoid these schemes.
  • Regulatory Risks: Each country has different rules for crypto. Some have strict laws, while others are more flexible. Regulatory changes can affect token prices or even prevent certain presales from happening in certain regions.
  • Liquidity Issues: Sometimes, presale tokens lack liquidity at first, meaning it can be hard to sell them right after launch. This can be risky if there isn’t enough interest in the project after the presale.
  • Lock-Up Periods and Vesting: Many projects have lock-up periods or vesting, which means you can’t sell your tokens immediately. While this can help prevent huge sell-offs, it also means you may not cash out if the price jumps early.
  • Market Competition: There are many crypto projects launching all the time. Only a few gain popularity, so even promising projects can struggle to stand out. If a project doesn’t get enough attention, its token might not perform well.
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Where to Find Upcoming Crypto Presales?

You can find upcoming best crypto presales on several platforms that track new crypto projects. Here are some of the best places to check:

  1. ICO Drops – ICO Drops is a website that lists active, upcoming, and past crypto presales. It provides summaries of each project, showing details like token type, project goals, and categories such as DeFi, NFTs, or Web3. It’s easy to filter by category to find the projects that interest you.
  2. CoinMarketCap and CoinGecko – These sites are popular for tracking crypto prices and data, but they also have sections for new projects and presales. Here, you’ll see information on token prices, stages, and the purpose of each project.
  3. Crypto Launchpads – Launchpads are platforms that help new crypto projects raise money through presales. Examples of these platforms include Binance Launchpad, Polkastarter, and BSCPad. Some of these launchpads require you to hold or stake their own tokens to join presales. Many investors like launchpads because they check projects for security before listing them.
  4. Project Websites and Social Media – Often, the most reliable source of information about presales is the project’s own website or social media accounts. Many projects announce presales on their Twitter, Telegram, or Discord channels. Following these platforms gives you the latest updates on prices, dates, and other important details.
  5. Crypto Forums and Communities – Places like Reddit, Bitcointalk, and Telegram groups often have discussions on upcoming presales. You can see other investors’ thoughts and get a sense of the hype around a project before you invest.

Are Crypto Presales Legit?

Yes, crypto presales can be legit, but you need to be careful. Many legitimate projects use presales to raise money early. But the crypto space also has scams. Some presales are “rug pulls”, where project creators disappear with the money, leaving investors with worthless tokens. These scams often have good-looking websites and whitepapers to seem real.

Another thing to know is that crypto presales aren’t highly regulated. Laws on crypto differ by country, and many presales have little oversight. This makes it easy for scammers to create fake projects or over-promise. You need to research each crypto presale carefully before you invest. Check the team, their experience, and whether they’re transparent about their goals.

A good way to lower risk is by sticking to well-known crypto presale platforms, like trusted launchpads, or by choosing projects with strong whitepapers, open teams, and active communities.

How do you check if a Presale is safe?

Before investing in the best new crypto coins or presale tokens, it’s wise to check if the project is safe. Here are some tips to help you make sure it’s legit:

  • Research the Project Team – A real project will have a team with experience in blockchain or similar fields. Look for team members’ names, LinkedIn profiles, or other information on the project website. If there’s no information or only fake names, it’s a red flag. Good projects are open about who’s involved and their work history.
  • Read the Whitepaper – A legitimate project will have a whitepaper that explains its goals, technology, and market plan. Look for details on tokenomics (how tokens are used and distributed), the problem the project solves, and a roadmap. Be cautious if the whitepaper is vague or generic, as this could mean the project lacks real planning.
  • Check for a Secure Website and Code Audit – A trustworthy project should have a secure website with “https” in the URL. Many safe projects also get a code audit from cybersecurity firms like CertiK or Hacken. These firms look for weaknesses in the smart contract code. If a project has completed an audit, you’ll often see it posted on their website or social media.
  • Look for Community Engagement – Real projects usually have active communities on Telegram, Twitter, or Discord. Join these groups to see if there’s real engagement and if the team answers questions. A real project will have a supportive community. Be careful if social media has low followers or only automated posts.
  • Check the Tokenomics and Vesting Schedule – Tokenomics refers to how tokens are distributed. Look for a fair breakdown of how many tokens go to the team, investors, and community. Many projects have a vesting schedule, which means the team and early investors can’t sell their tokens immediately. This helps prevent “pump and dump” actions. A 2-year vesting schedule, for example, shows long-term commitment.

What Do You Expect After a Crypto Presale

After a crypto presale, there are several key steps before the token becomes fully available for trading on major exchanges. Here’s what typically happens:

Token Distribution: Once the crypto presale ends, tokens are distributed to early investors’ wallets. Sometimes, these tokens have a “vesting period”.

Increased Marketing and Community Building – After the presale, project teams often ramp up their marketing efforts. They may hold community events, form partnerships, or increase social media activity to attract more interest. 

Listings on DEXs and CEXs – The next major steps are listing the token on decentralized exchanges (DEXs) and centralized exchanges (CEXs). These listings are essential for reaching a wider audience and increasing liquidity.

Initial DEX Offerings (IDOs)

Many projects choose to launch on a DEX first through an Initial DEX Offering (IDO). This method allows them to list directly on decentralized platforms like Uniswap, PancakeSwap, or SushiSwap. IDOs are typically more affordable than traditional listings, as they don’t require the high fees often charged by centralized exchanges. 

Once live, users can trade tokens immediately by connecting their wallets, usually using popular cryptocurrencies like ETH or BNB. IDOs provide quick liquidity, and because there’s no intermediary, the process is faster and more accessible for early investors.

Initial Exchange Offerings (IEOs)

Following or sometimes alongside an IDO, the token may also launch on a centralized exchange (CEX) through an Initial Exchange Offering (IEO). 

Exchanges like Binance, MEXC, or KuCoin host IEOs, where they act as the intermediary, reviewing the project before listing it. Since these exchanges have large user bases, an IEO can expose the token to more potential investors.

Conclusion

Investing in presale crypto projects can be an exciting opportunity for those looking to explore new trends in the digital asset space. Each project listed here offers unique advantages, from innovative staking models to engaging community incentives and advanced blockchain technology. 

These best crypto presales can be appealing to those looking to join at a discounted price and grow with the project. From tokens that support virtual worlds to meme coin ecosystems, each presale has something unique to offer. Remember to research, and look at presales that align with your interests and risk comfort.

FAQs

Is buying crypto presale worth it?

Yes, it can be, but it depends on your goals and risk tolerance. Presales often let you buy tokens at a lower price before they’re publicly traded, which can mean big returns if the project does well. 

However, presales are high-risk; some projects may not succeed, and token prices could fall. But if you’re willing to take a calculated risk and do thorough research, presales can be worth it.

What is the most promising crypto presale project?

The most promising crypto presales are Pepe Unchained ($PEPU), Memereum ($MEME), and Crypto All Stars ($STARS). Pepe Unchained focuses on creating faster transactions in the meme coin space and offers high staking rewards. Memereum offers a secure platform with built-in exchange and high annual returns on staking. 

Crypto All Stars gives you the chance to stake various meme tokens on its unique MemeVault. Each of these has strong communities, promising roadmaps, and specific features that make them interesting for different kinds of investors.

How do you find presales in crypto?

Finding good crypto presales takes some research. You can start by checking popular crypto news sites, presale listing platforms, or following crypto influencers on social media who often promote new projects. 

Some crypto token presales are also announced on community forums like Reddit or in crypto Telegram groups. You can also join communities on Twitter (X) or specific Telegram groups where projects share updates.

How do I buy crypto before launch?

Buying a crypto presale token before launch is fairly simple. Most presales in the crypto market accept Ethereum, BNB, or stablecoins like USDT, so you’ll need to own one of these. First, visit the project’s official presale website, connect a crypto wallet (like MetaMask), and choose your payment method. Some projects even accept debit or credit cards, making it easy for newcomers. 

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10 Best Crypto & Bitcoin Wallets of May 2025 (Tested) https://nftevening.com/best-crypto-wallets/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-wallets Fri, 01 Nov 2024 04:55:00 +0000 https://nftevening.com/?p=141596 If you’re stepping into the digital asset market, the first thing you’ll need is a reliable crypto wallet. Imagine it as your digital safe where you can keep your coins

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If you’re stepping into the digital asset market, the first thing you’ll need is a reliable crypto wallet. Imagine it as your digital safe where you can keep your coins secure and manage them easily. With so many choices available, picking the best crypto wallet can be a bit daunting. The ideal cryptocurrency wallet not only protects your assets but also simplifies how you send and receive Bitcoin or altcoins.

In this guide, we will review the 10 best crypto wallets based on security features, user experience, and the variety of cryptocurrencies they support.

List of Top 10 Cryptocurrency Wallets

We have tested and reviewed over 30 different types of cryptocurrency wallets, including hot wallets, cold wallets, and paper wallets. Here are our top list of 10 best crypto wallets for you:

  1. Bitget Wallet: Best non-custodial Web3 wallet
  2. Trust Wallet: Best crypto wallet for beginners
  3. Coinbase Wallet: Best for Coinbase users
  4. MetaMask: Best Ethereum crypto hot wallet
  5. Phantom Wallet: Best wallet for Solana tokens
  6. Exodus: Best crypto desktop wallet
  7. Ledger Nano X: Safest crypto wallet for cold storage
  8. Trezor Safe 5: Best Bitcoin hardware wallet
  9. ELLIPAL Titan 2.0: Best cold wallet for air-gapped transactions
  10. Tangem Wallet: Portable and affordable cryptocurrency cold wallet

6 Best Crypto Hot Wallets Reviewed

1. Bitget Wallet: Best non-custodial crypto wallet

Bitget Wallet

Bitget Wallet is a leading non-custodial Web3 wallet, trusted by over 60 million users worldwide. Serving as a one-stop hub, it offers a vast array of features, including instant token Swaps, staking, NFT trading, and access to over 20,000 DApps across 100+ blockchains. Designed for both beginners and seasoned traders, Bitget Wallet simplifies Web3 interactions while maintaining top-tier security through features like MPC keyless wallets, on-chain tracking, and a $300 million protection fund. With aggregated liquidity from 100+ DEXs and robust tools like Smart Money Alerts and advanced charting, Bitget Wallet empowers users to trade at the best efficiency and prices. The wallet also features  GetGas, a unified gas account that allows users to pay gas fees across chains with USDT, USDC, or BWB without the need for separate gas tokens for each chain.

Beyond trading, Bitget Wallet offers earning opportunities through staking, yield farming, and its Launchpad, providing exclusive early access to new projects. The wallet also hosts an extensive NFT marketplace, allowing users to explore and invest in billions of digital assets. Additionally, features like Hot Token Discovery and MemeX cater to trend-focused traders and memecoin enthusiasts, making it a versatile platform for exploring new market opportunities. It also launched Bitget Wallet Lite, the largest Telegram wallet with over 8 million users, further enhancing accessibility by integrating seamlessly with the Telegram app, bringing crypto transactions to a widely used social platform.

Pros

  • Combines multi-chain trading, DApp access, and NFT marketplace, supporting 100+ blockchains, 20,000 DApps, and 500,000 tokens.
  • Multi-layer encryption and a $300M protection fund ensure top-tier security.
  • Offers staking, yield farming, airdrops, and early access to crypto projects via Launchpad.
  • Tools like Hot Token Discovery, Smart Money Alerts and token data for real-time market insights.
  • Simplifies gas fee payment with GetGas and provides a user-friendly interface.

Cons

  • Trading-focused features may overwhelm users seeking basic wallet functions.
  • Customer support response times can be slow.

2. Trust Wallet: Best crypto wallet for beginners

Trust Wallet: Overall best crypto wallet for beginners

Trust Wallet is one of the most popular mobile wallets available today, trusted by over 140 million users worldwide. Launched in 2017, it supports more than 10 million digital assets across 100+ blockchains. If you’re managing multiple cryptocurrencies like Bitcoin, Ethereum, or BNB Smart Chain tokens, Trust Wallet simplifies it all in one place.

Trust Wallet’s user-friendly interface and built-in dApp browser make it stand out. This means you can easily access decentralized applications (dApps) and dive into the world of DeFi (Decentralized Finance) and NFTs directly from the app. Whether you’re interested in staking coins to earn passive income or trading NFTs, Trust Wallet gives you the tools to do that securely.

Since it’s a non-custodial wallet, only you can access your recovery phrases. The app offers added layers of security like biometric authentication and encrypted cloud backups to keep your assets safe. Also, Trust Wallet doesn’t require you to hand over any personal information, making it a solid choice for privacy-conscious users.

You can also buy crypto directly within the app using fiat currencies like USD or EUR, thanks to partnerships with third-party payment providers. Plus, it supports crypto swapping, letting you easily convert one asset to another. You can also connect it to custodial wallets like Binance or Coinbase exchange.

Pros

  • Manages over 10 million digital assets on 100+ blockchains
  • Built-in browser for DeFi and NFTs
  • Full control of your private keys and recovery phrases
  • Option to buy crypto using fiat currencies
  • User-friendly, with added security features like biometrics

Cons

  • No desktop version
  • Limited customer support options

3. Coinbase Wallet: Best wallet for Coinbase users Coinbase Wallet: Best for Coinbase users

 

Coinbase Wallet is a self-custody wallet that puts you in full control of your crypto assets. Unlike wallets tied to centralized exchanges, it stores your private keys directly on your mobile device or browser extension. It supports thousands of cryptocurrencies, including ERC-20 tokens, NFTs, and more, making it an excellent choice if you’re looking to explore DeFi or interact with dApps.

You can easily trade, buy NFTs, and access Web3 applications without needing a Coinbase account. The wallet is separate from the Coinbase exchange, meaning you don’t have to be tied to the platform if you’re only looking for a self-custody solution. Plus, if you’re concerned about security, Coinbase Wallet integrates with hardware wallets like Ledger for transaction signing.

Pros

  • Full control over your private keys and crypto assets
  • Supports thousands of cryptocurrencies, including ERC-20 tokens and NFTs
  • Support for Bitcoin, Ethereum, Solana, Dogecoin, and all Ethereum-compatible networks
  • Cold storage compatibility with hardware wallets like Ledger
  • Easy to use with a simple interface and no Coinbase account required

Cons

  • No desktop app, only available for mobile or browser extension
  • Not fully open-source, which may raise transparency concerns

For more information on the Coinbase exchange, check out our in-depth Coinbase review.

4. MetaMask: Best Ethereum crypto hot wallet

MetaMask: Best Ethereum crypto hot wallet

MetaMask is one of the best crypto wallets for Web3 users available today, and for good reason. It’s a versatile tool that lets you manage Ethereum-based assets and interact with decentralized apps (dApps). With over 30 million monthly users, MetaMask is trusted by a large community.

It works as both a browser extension and a mobile app, so you can easily access it whether you’re at your computer or on the go. While it’s primarily built for Ethereum, you can also customize it to work with other blockchains by adjusting the RPC settings. This flexibility makes it a favorite for users involved in decentralized finance (DeFi), NFTs, and other blockchain projects.

MetaMask also makes token swaps easy by aggregating the best rates from decentralized exchanges, so you don’t have to shop around. Recently, they’ve added a feature called “Snaps”, which allows developers to build custom functionalities, expanding its use cases even further. This feature helps you personalize the wallet to your specific needs. Read our in-depth MetaMask review here.

Pros

  • Supports multiple blockchains and tokens
  • High user control over security and privacy settings
  • Integration with dApps and DeFi platforms
  • MetaMask Snaps for custom functionalities
  • Compatible with hardware wallets for extra security

Cons

  • Limited native customer support
  • High transaction fees during network congestion
  • Not ideal for beginners due to its complex interface

5. Phantom Wallet: Best hot wallet for Solana tokens

Phantom Wallet: Best wallet for Solana tokens

Phantom Wallet is the safest crypto wallet built for the Solana ecosystem but has since expanded to include Ethereum, Bitcoin, and Polygon. Its user-friendly design makes managing your crypto, NFTs, and decentralized applications (DApps) as simple as possible.

One of its big selling points is its security. The wallet also has built-in scam detection, a feature that helps flag potentially harmful transactions before they go through. This is backed by a comprehensive security audit from Kudelski Security, which adds credibility to its safety measures.

What sets Phantom apart is its smooth integration of NFTs and staking. You can manage, pin, or burn unwanted NFTs directly in the wallet, making it a great tool if you’re in the NFT space. Staking on Solana is another plus—you can earn around 6.88% annual rewards just by holding SOL tokens in your wallet. Plus, Phantom allows token swaps between Solana, Ethereum, and Polygon networks, charging a modest 0.85% fee for swaps.

Pros

  • Multi-chain support (Solana, Ethereum, Polygon, and Bitcoin)
  • Seamless integration with Ledger hardware wallets
  • Intuitive interface for managing tokens and NFTs
  • Security features like scam detection
  • Supports Solana staking

Cons

  • Limited to 4 blockchains only
  • Token swaps incur a 0.85% fee along with gas fees

6. Exodus: Best crypto wallet for desktops

Exodus: Best crypto desktop wallet

Exodus is the best cryptocurrency wallet known for its simplicity and user-friendly design. It allows you to manage over 1000 cryptocurrencies on 50+ networks, including well-known options like Bitcoin and Ethereum. It is available on desktop (Windows, macOS, and Linux) and mobile devices (iOS and Android).

One of the wallet’s standout features is its built-in exchange. This allows you to swap different cryptocurrencies directly in the app, without the need for complicated sign-ups or third-party services. While you can buy crypto through partners like Ramp Network and MoonPay, Exodus doesn’t currently support direct conversion between crypto and fiat currencies.

The private keys are stored on your device, not on an online server, which enhances your privacy. While Exodus doesn’t offer two-factor authentication (2FA), it does support integration with Trezor hardware wallets for those who want extra security. Plus, Exodus offers staking options for various coins, letting you earn rewards on your investments. With 24/7 customer support and regular software updates, it strives to provide a solid experience for all users.

Pros

  • Easy-to-use crypto storage interface
  • Built-in staking and swapping features
  • Integrates with Trezor for added security
  • Available on multiple platforms, including desktop and mobile
  • Buy crypto using credit/debit card, bank account, Apple Pay, or Google Pay

Cons

  • No two-factor authentication available
  • Cannot exchange directly between crypto and fiat

4 Best Crypto Cold Wallets Reviewed

1. Ledger Nano X: Best digital wallets for crypto storage

Ledger Nano X: Safest crypto wallet for cold storage

The Ledger Nano X is our top crypto hardware wallet for managing your cryptocurrency portfolio. With Bluetooth connectivity, it allows you to handle your digital assets directly from your smartphone. You can manage over 5,500 cryptocurrencies, from Bitcoin and Ethereum to newer coins like Solana, all in one place.

It’s equipped with a CC EAL5+ certified secure chip, which is like having a fortified vault for your private keys. The wallet operates on a proprietary BOLOS operating system, which helps protect against malicious attacks by isolating applications. Its user-friendly 128×64 pixel screen allows you to verify transactions easily, and the device’s two-button interface adds another layer of security.

The Ledger Live app integrates seamlessly with the Nano X, enabling you to buy, swap, and even stake cryptocurrencies. Staking options let you earn rewards for assets like Tezos and Polkadot directly through the app. Plus, if you ever misplace your device, don’t worry; as long as you keep your recovery phrase safe, you can restore your assets on a new Ledger device.

Pros

  • A certified secure chip and BOLOS OS provides top-level protection against hacks
  • Ability to manage over 5,500 coins and tokens
  • Manage your portfolio wirelessly through your smartphone
  • Earn rewards directly within the app by staking supported cryptocurrencies

Cons

  • Compared to other cold wallets, the Nano X is pricier ($149), which might deter budget-conscious users
  • While convenient, using Bluetooth may introduce a slight risk compared to fully air-gapped wallets

2. Trezor Safe 5: Best hardware wallet for Bitcoin

Trezor Safe 5: Best Bitcoin hardware wallet

The Trezor Safe 5 is the safest bitcoin wallet for anyone serious about keeping their cryptocurrencies safe. What really sets this crypto cold wallet apart is its EAL6+ Secure Element, one of the highest security ratings, meaning your private keys are locked away from potential hackers and physical threats. With support for over 1,000 coins and tokens, it’s versatile enough to handle even the most diverse crypto portfolios.

One of the standout features of the Safe 5 is its 1.54-inch color touchscreen—this makes navigating through the wallet and confirming transactions really simple. It’s also equipped with haptic feedback, which adds a tactile feel to each interaction. Plus, the device is open-source, meaning its security code is constantly reviewed by the crypto community.

The Trezor Suite, its companion app, makes managing your assets straightforward. You can connect it to your desktop or mobile, and even integrate it with apps like MetaMask for additional functionality. And if the unthinkable happens and you lose the device, don’t worry: the built-in recovery system allows you to restore your assets with a backup seed or Shamir backup.

Pros

  • NDA-free EAL 6+ Secure Element along with PIN and passphrase
  • Bitcoin-only version for BTC crypto holders
  • Clear and easy-to-use color touchscreen
  • Open-source for transparency and security checks by the community
  • Increased privacy with coin control and Tor browser

Cons

  • The higher price of $169 compared to other crypto wallets
  • Lacks a native iOS mobile app, requiring third-party apps for certain functionalities

3. ELLIPAL Titan 2.0: Best cold wallet for air-gapped transactions

ELLIPAL Titan 2.0: Best cold wallet for air-gapped transactions

The ELLIPAL Titan 2.0 is a highly secure hardware wallet that prioritizes offline safety, offering a completely air-gapped system. What sets this wallet apart is its air-gapped technology, meaning it never connects to the internet or other devices. This makes it virtually immune to remote hacks, which is a big plus for anyone serious about keeping their crypto assets safe.

Inside, it features a CC EAL 5+ secure element, a specialized chip designed to protect your private keys against physical tampering. You’ll appreciate this if you’re storing significant assets long-term, as it’s robust against physical and digital threats. The wallet also has built-in protections against tampering and disassembly, making it a reliable choice for secure storage.

With support for over 10,000 cryptocurrencies and tokens, including NFTs, the Titan 2.0 ensures wide-ranging compatibility. Managing assets is smooth, thanks to a 4-inch Full HD IPS display that makes interacting with the wallet intuitive. You don’t have to deal with USBs or Bluetooth either—transactions are handled by scanning QR codes, so your wallet stays air-gapped even during transfers.

It’s also built tough, with a metal casing, and is quite portable. While it’s priced at $169, it’s a good deal compared to some other wallets in the same category that can cost more without offering additional security.

Pros

  • Operates fully offline, reducing exposure to online attacks
  • Supports a wide range of cryptocurrencies and NFTs
  • Advanced security with a tamper-resistant chip
  • User-friendly with a large, crisp screen
  • Durable and portable with a sleek metal design

Cons

  • QR-based transactions may take some time to get used to.
  • Lack of Bluetooth or USB for faster connectivity options
  • Requires manual firmware updates via MicroSD card

4. Tangem Wallet: Affordable cryptocurrency cold wallet

Tangem Wallet: Portable and affordable cryptocurrency cold wallet

Tangem Wallet is a credit-card-sized crypto wallet for cold storage. What sets it apart is its seedless recovery system. Instead of the traditional (and often cumbersome) 12 or 24-word seed phrase, Tangem uses smart cards as backup keys. You can buy a set with either 2 or 3 cards, and each card holds a copy of your private key. This means that even if you lose a card, the others can still grant you access, which is a relief compared to memorizing or storing long seed phrases.

Tangem Wallet’s security is top-notch. Its smartcard chip is certified at CC EAL6+, which is one of the highest levels of security, developed with Samsung Semiconductors. The device doesn’t connect to the internet, making it safe from online threats. Plus, it doesn’t need charging, and it’s designed to last over 25 years!

The wallet supports over 30 different blockchains, meaning you can store a wide range of cryptocurrencies—whether it’s Bitcoin, Ethereum, or something more niche. Tangem also recently introduced a version where you can choose to use a seed phrase if you prefer, offering more flexibility to seasoned crypto users.

The wallet operates via NFC, so to access your funds, you simply tap the card on the back of your phone. This makes it highly intuitive, especially for new users. No USB cables or charging stations are required—just tap and go!

Pros

  • No seed phrases to memorize or lose, making it beginner-friendly
  • Highly secure with CC EAL6+ chip certification
  • Supports 30+ blockchains, handling a wide range of assets
  • Highly affordable, pricing only $69.9 for a 3-card set
  • Durable design with a 25-year lifespan

Cons

  • Lack of physical display for on-device verification
  • Dependence on a mobile app for operations

Best Crypto Wallets Comparison

Wallet Type Supported Coins Pricing
Bitget Wallet Hot Wallet 100+ blockchains, 20,000 DApps, and 500,000 tokens Free
Trust Wallet Hot Wallet 10 million+ assets on 100+ blockchains Free
Coinbase Wallet Hot Wallet Thousands of cryptocurrencies, ERC-20 tokens Free
MetaMask Hot Wallet Ethereum-based tokens and customizable for other blockchains Free
Phantom Wallet Hot Wallet Assets on Solana, Ethereum, Bitcoin, Polygon network Free
Exodus Hot Wallet 1,000+ cryptocurrencies on 50+ networks (BTC, ETH) Free
Ledger Nano X Cold Wallet 5,500+ cryptocurrencies (BTC, ETH, SOL) $149
Trezor Safe 5 Cold Wallet 1,000+ cryptocurrencies $169
ELLIPAL Titan 2.0 Cold Wallet 10,000+ cryptocurrencies, including NFTs $169
Tangem Wallet Cold Wallet 30+ blockchains (BTC, ETH, and more) $69.90 (for a 3-card set)

How to Choose the Best Crypto Wallet?

Choosing the best crypto wallet can be tricky, but it really comes down to a few key things: security, supported coins, pricing, ease of use, and seed phrase backup. Here’s a breakdown to help you make the right choice.

1. Security Measures

First and foremost, security should be your top priority. There are two main types of wallets: hot wallets (connected to the internet) and cold wallets (offline). Hot wallets are great for convenience, especially if you make frequent transactions, but they’re more vulnerable to hacks. On the other hand, cold wallets like Ledger or Trezor are much safer because they store your private keys offline.

Look for wallets with features like two-factor authentication (2FA), multi-signature access, and encryption. And, most importantly, make sure the wallet gives you full control over your private keys. If you don’t control the keys, you’re essentially trusting a third party with your crypto—never a good idea.

2. Supported Coins

Next, check what coins the wallet supports. Some wallets only support Bitcoin or Ethereum, while others support a wide range of coins and tokens. If you’re planning to invest in a variety of cryptocurrencies, you’ll need a wallet that can handle that, not only a Bitcoin wallet or Ethereum wallet.

For example, wallets like Trust Wallet or Exodus support multiple coins, which is helpful if you own both big coins like Bitcoin and smaller altcoins.

Also, make sure it supports tokens based on different standards, like ERC-20 for Ethereum tokens or BEP-20 for BNB Smart Chain tokens. This ensures smooth transfers and staking for your assets.

3. Pricing or Fees

When it comes to cost, it varies depending on the type of wallet. Many Bitcoin wallets are free, but hardware wallets come with a price tag. For example, hardware wallets like the Ledger Nano X or Trezor range from around $50 to $200, depending on the features.

Don’t forget about transaction fees either. Some wallets charge for transactions, while others let you adjust the fees depending on how fast you want the transaction to go through. Make sure you know what you’re getting into, especially if you plan on making frequent transfers.

4. Ease of Use

If you’re new to crypto, you’ll want something that’s easy to use. A good wallet should have a simple and clean interface. You don’t want to be stuck trying to figure out how to send or receive funds. Wallets like Coinbase or Trust Wallet are beginner-friendly, while options like Electrum are more suited for experienced users who want advanced features.

If you’re using a hardware wallet, check how easy it is to use with a software wallet for tracking your portfolio or making transfers. Some can be a bit clunky, so it’s good to know ahead of time.

5. Seed Phrase Backup

Lastly, always look for the best wallet that provides a seed phrase. This is a set of 12 to 24 words that acts as a backup to restore your wallet if something happens to your device. If you lose your seed phrase, you could lose access to your funds permanently—so this is really important.

When you get your seed phrase, write it down and store it in a secure place, preferably offline. Never save it on your computer or phone, as these can be hacked. Some best crypto wallets also offer extra security like adding a passphrase to the seed phrase, giving you an extra layer of protection.

What is a Crypto Wallet?

A crypto wallet is a tool that helps you store, send, and receive cryptocurrencies. But unlike a regular wallet that holds physical cash, a crypto wallet stores the private keys and public keys that you need to interact with the blockchain. These cryptocurrency keys are what allow you to access your digital assets and make transactions.

It is important to remember the phrase “not your keys, not your coins”, which emphasizes the necessity of controlling your private keys. Without a wallet, you wouldn’t be able to manage your keys and crypto holdings.

Think of it this way: your crypto wallet is like a digital bank account for your cryptocurrencies. The private key is like your bank account password, and the public key is like your account number. You need both to send and receive crypto safely.

How does a crypto wallet work?

At its core, a crypto wallet works by managing your private keys. These are long strings of numbers and letters that give you access to your funds. If anyone gets hold of your private keys, they can take your crypto, so keeping them safe is the most important part of using a wallet.

When you send cryptocurrency, your wallet uses your private key to sign the transaction, confirming that you own the crypto and want to send it. The person receiving the crypto gives you their public address, which is generated from their public key. The transaction is then confirmed on the blockchain, which acts as a public ledger that records all cryptocurrency transfers.

Types of Cryptocurrency Wallets

There are different types of crypto wallets, each offering varying levels of convenience and security. The main types are software wallets, hardware wallets, and paper wallets.

Software Wallets

Software wallets are apps or programs that you can install on your phone, computer, or web browser. They are connected to the internet, which makes them super convenient for sending and receiving crypto quickly. 

There are a few types of software or hot wallets:

  1. Mobile Wallets: These are online wallets that run on your smartphone and are designed for ease of use. Some examples of best mobile wallet include Trust Wallet and Coinbase Wallet. They often include features like QR code scanning, which makes payments faster.
  2. Desktop Wallets: Desktop wallets are installed on your computer. They offer more features than mobile wallets, such as better tracking tools and easier integration with hardware wallets. Exodus is considered as one of best desktop crypto wallets. These are more secure than mobile wallets, but your computer could still be hacked or infected with malware.
  3. Web Wallets: Web wallets are accessed through your browser extension. Examples include MetaMask. They’re the most convenient, as you can log in from any device with internet access, but they’re also the riskiest because your private keys are stored online by a third party.

Hardware Wallets

Hardware wallets are physical wallet devices used for cold storage of private keys. These are ideal for long-term storage or if you hold large amounts of crypto. These devices keep your private keys in a secure, isolated chip, and you need to physically connect them to your computer or phone to sign off on a transaction.

Paper Wallets

Paper wallets are one of the most old-school ways to store cryptocurrency but are still considered extremely secure if done correctly. A paper wallet involves printing out your public and private keys on a piece of paper, which you then keep in a safe place.

To create a paper wallet, you can use online tools like BitAddress that generate a unique set of keys along with a QR code for easy scanning. Once you print it, it’s completely offline, which means it can’t be hacked. However, paper wallets come with the risk of being physically lost, damaged, or stolen. And if you lose it, you lose access to your funds forever.

Conclusion

To wrap things up, finding the best crypto wallet is essential for anyone diving into the world of cryptocurrencies. Whether you’re leaning towards user-friendly software wallets like Trust Wallet and Coinbase Wallet or opting for the added security of hardware wallets like Ledger Nano X and Trezor Safe 5, it all boils down to what fits your needs. Each wallet has its own perks, from convenience to strong security measures.

FAQs

How to Set Up a Crypto Wallet?

Setting up a crypto wallet is a straightforward process. First, you need to choose a wallet that suits your needs; this could be a hot wallet or a cold wallet. For software wallets, you simply download the app or software from the provider’s official website. 

Most crypto wallets will then prompt you to generate a seed phrase. It’s essential to write this seed phrase down and store it somewhere safe. Finally, you can fund your wallet by purchasing cryptocurrencies through an exchange and transferring them to your crypto wallet address. You can also check out our guide on how to get a crypto wallet.

What is the Best Crypto Wallet for Beginners?

Trust Wallet and Coinbase Wallet are the best crypto wallets for beginners. Both wallets have user-friendly interfaces that make it easy to navigate and manage your digital assets. The wallets also support thousands of digital assets along with NFTs and DeFi access.

Which Crypto Wallet Offers the Best Security?

Ledger Nano X and Trezor Safe 5 are two of the safest crypto hardware wallets on the market. Both of these wallets store your private keys offline. Additionally, both wallets provide strong encryption and backup options, making them ideal for anyone serious about securing their crypto assets.

What is the Difference between Custodial and Non-custodial Wallet?

Custodial wallet is a type of crypto wallet where a third-party provider holds your private keys, managing and securing your funds. It is user-friendly and convenient, ideal for beginners and frequent traders.

On the other hand, non-custodial wallet gives user full control over their cryptocurrency by allowing them to own and manage their private keys. It is ideal for those who prioritize independence and security as no third party could access your funds.

What is the Best Custodial and Non-custodial Wallet?

Coinbase are one of the best custodial wallets in 2025. This wallet is easy to use, perfect for beginners. It also offers insurance for your funds and integrates seamlessly with the Coinbase exchange.

Exodus, Bitget and Ledger Nano X are among the top non-custodial crypto wallets, giving you full control over your funds. They supports a wide range of cryptocurrencies and all have strong security, securely managing traders’ crypto assets.

What is the Best Crypto Wallet in USA?

Since Coinbase is one of the biggest U.S.-based cryptocurrency exchange, Coinbase Wallet is also considered as the best crypto wallet in the United States. Many American traders prefer this hot wallet for thousands of coins and tokens supported, as well as its intuitive interface with desktop and mobile access to dApps.

What Should I Do if I Lose My Private Keys?

If you lose your private keys, the situation can be quite serious, as those keys are essential for accessing your cryptocurrency. However, if you have stored your seed phrase securely, you can use it to recover your wallet. If you don’t have the seed phrase or any backup, unfortunately, you won’t be able to recover your funds.

What Are the Risks of Using a Software Wallet?

Using a software wallet does come with certain risks that users should be aware of. Since these wallets are connected to the internet, they can be vulnerable to malware and phishing attacks, which can compromise your funds. If your device gets infected or if you accidentally share your login details with a scammer, you could lose your assets. Additionally, server outages or technical issues can sometimes prevent you from accessing your funds when you need them.

The post 10 Best Crypto & Bitcoin Wallets of May 2025 (Tested) appeared first on NFT Evening.

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10 Best NFT Examples for Inspiration in 2025 https://nftevening.com/nft-examples/?utm_source=rss&utm_medium=rss&utm_campaign=nft-examples Fri, 01 Nov 2024 04:53:06 +0000 https://nftevening.com/?p=141564 Non-Fungible Tokens, or NFTs have become very popular in the digital world. The market for NFTs grew to over $60 billion. These tokens can be digital art, music, videos, and

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Non-Fungible Tokens, or NFTs have become very popular in the digital world. The market for NFTs grew to over $60 billion. These tokens can be digital art, music, videos, and even virtual land. More than 10 million NFTs have been created on sites like OpenSeaThis guide will look at some popular and best NFT examples that show how this technology is changing how we buy and sell digital items.

What are NFTs?

NFTs, or non-fungible tokens, are special digital items that you can own, just like owning a painting or a collectible card. Each NFT is unique, meaning no two are the same. You can find NFTs in various forms, such as artwork, music, videos, and even items in video games

When you buy an NFT, you get proof of ownership recorded on a digital ledger called a blockchain. This makes sure that everyone knows who the owner is. While anyone can still copy the digital item, owning the NFT means you hold the official version.

Artists love NFTs because they can sell their work directly to their fans, often with royalties on future sales, helping them earn money each time their work changes hands. You can read our complete guide on what is an NFT and how it works.

10 Examples of NFTs (Non-Fungible Tokens)

1. Beeple’s “Everydays – The First 5000 Days”

Beeple’s “Everydays - The First 5000 Days”

Beeple’s artwork “Everydays: The First 5000 Days” was a digital collage made up of 5,000 images created daily over 13 years, blending elements of politics, social issues, and pop culture. This unique work reflects artist Mike Winkelmann’s evolution in digital art, with each image revealing another layer of his perspective on contemporary culture. 

The piece gained monumental attention when it sold as an NFT (non-fungible token) at a Christie’s auction in 2021, fetching over $69 million, a record-shattering price that placed Beeple among the most valuable living artists.

The buyer, crypto entrepreneur Vignesh Sundaresan, known as MetaKovan, paid in Ether (42,329.453 ETH). By using blockchain technology, this sale confirmed that art doesn’t need to be tangible to be valuable and opened the door for NFTs. This sale also propelled NFTs into mainstream consciousness, sparking wide discussions on the future of digital art and its potential in traditional and digital galleries.

2. CryptoPunks

CryptoPunks

CryptoPunks is another popular NFT example. It’s a cultural movement that traces back to 2017 when Larva Labs launched 10,000 unique pixel-art characters on the Ethereum blockchain. These Punks – whether they’re humans, apes, zombies, or aliens – each hold their own profile with unique visual traits. They’re all blockchain-verified, meaning every Punk has a secure digital “birth certificate,” marking it as one of a kind.

CryptoPunks were groundbreaking partly because they introduced ERC-721, a technical standard that has become foundational in the NFT space. While originally given away for free, their scarcity quickly became a focal point, driving a thriving resale market. 

Some Punks have sold for millions, including one that brought in $11.8 million at a Sotheby’s auction in 2021. Today, these pixelated characters are part of museum collections worldwide, including the Centre Pompidou and LACMA. When Yuga Labs acquired CryptoPunks in 2022, the collection took on new life, helping secure its place in the NFT world.

3. Nyan Cat

Nyan Cat

Nyan Cat is one of the most famous NFT examples. Originally a meme created in 2011 by artist Chris Torres, Nyan Cat features a pixelated cat with a Pop-Tart body flying through space, leaving a rainbow trail. 

To celebrate the 10-year anniversary, Torres updated and sold this digital artwork as an NFT on Foundation, an NFT marketplace. It quickly made waves, selling for 300 ETH, roughly $560,000 at the time, reflecting both its sentimental and cultural value to internet fans and collectors.

This remastered NFT went beyond its original version, with Torres fixing small details, like removing a random star that bugged him in the initial animation. Its limited availability has made it especially coveted among collectors. For many fans and investors, owning Nyan Cat is like holding a piece of digital history.

4. RTFKT’s Digital Sneakers

RTFKT’s Digital Sneakers

RTFKT is one of the best examples of NFT art. It is changing digital fashion with its tech-driven, collectible NFT sneakers. Partnering with Nike, RTFKT launched the “CryptoKicks iRL” series, a limited release with just 19,000 pairs available in four colors – Ice, Stone, Space Matter, and Blackout. 

The unique feature? Each pair exists as a digital NFT that also unlocks a real sneaker. These NFTs combine advanced tech and fashion with a Trillium Lace Engine, giving the sneakers features like auto-lacing, touch feedback, motion sensing, and gesture control. They also come with custom lighting and NFC tags to verify each pair’s authenticity both online and offline.

RTFKT became a huge name in 2021 when its digital sneaker launch with artist Fewocious sold out in under seven minutes, generating $3 million. This success led to the Nike partnership, bringing RTFKT into the world of digital collectibles.

5. Cryptovoxels

Cryptovoxels

Cryptovoxels, which has recently rebranded as Voxels, is a creative metaverse NFT example that lets you build, explore, and own virtual land as NFTs. Launched in 2018, it runs on the Ethereum blockchain and uses the ERC-721 token standard.

Within this virtual landscape, you can create various spaces, from art galleries to stores, and even organize events to connect with other users. The heart of the experience is Origin City, where the streets are owned by “The Corporation”. However, you have the freedom to customize your own plots of land. You can also craft and trade “wearables”, which are virtual clothing items that enhance your avatar’s look, allowing for even more personal expression.

Currently, Cryptovoxels has about 7,930 unique NFTs, owned by around 2,500 collectors. You can buy and sell these NFTs on platforms like OpenSea, with land parcels starting at approximately 0.089 ETH. Plus, the platform’s support for virtual reality means you can immerse yourself even deeper into this creative world. Best of all, you don’t need advanced technical skills to join in; a simple web browser and a crypto wallet are all you need to start exploring.

6. Decentraland and Virtual Worlds

Decentraland and Virtual Worlds

In Decentraland, one of the earliest and most well-known NFT-based virtual worlds, users can own digital land and build almost anything on it. Each piece of land here is represented by a LAND token NFT, sized at 16×16 meters, and there are only 90,000 of these parcels available. Users use Decentraland’s currency, MANA, to buy land, which can then be traded or sold on sites like OpenSea.

Some high-profile parcels in popular spots have even sold for over a million dollars. The platform has drawn in big names from entertainment, art, and businesses, which host digital events like concerts and exhibitions on these properties.

Other NFT-based platforms, like The Sandbox and Somnium Space, follow this model with their own unique styles. The Sandbox, for instance, features over 166,000 land parcels and encourages users to create mini NFT games and virtual experiences. Somnium Space leans heavily into VR.

7. In-Game Assets

In-Game Assets

NFTs used in games are redefining how players own and value virtual items like characters, land, and in-game equipment. In titles like Axie Infinity, NFTs represent unique creatures known as Axies, which players can trade, breed, or use in battles. 

These creatures come with individual traits that impact gameplay and digital identity, and players earn cryptocurrency rewards by playing, turning game achievements into actual income. At its peak, Axie Infinity drew over 2 million active players monthly and generated billions in revenue – showing just how powerful NFT-based economies can be in the gaming world.

In short, these NFT-based games give players full ownership of their in-game assets, which can be traded or monetized outside the game. This revolutionizes gaming by turning virtual items into valuable assets.

8. Jack Dorsey’s First Tweet

Jack Dorsey's First Tweet

The sale of Twitter founder Jack Dorsey’s first-ever tweet as an NFT grabbed global attention when it sold for $2.9 million in 2021. This tweet, reading “just setting up my twttr,” became a digital collectible when auctioned on the Valuables by Cent platform. 

Bought by crypto enthusiast Sina Estavi, the tweet was seen as a historical piece of internet culture, with Estavi likening it to owning famous art. Dorsey directed the entire sale amount to GiveDirectly’s Africa COVID-19 relief fund, with funds transferred via Bitcoin.

However, when Estavi relisted it, the highest bid reached only $280, underlining NFT market unpredictability and the fluctuating value of digital assets.

9. Bored Ape Yacht Club NFT Collection

Bored Ape Yacht Club NFT Collection

The Bored Ape Yacht Club (BAYC) is another example of NFTs and also blue-chip NFT projects. It was created by Yuga Labs in April 2021. With 10,000 distinct cartoon-like apes, it’s a unique digital asset and a ticket to exclusive events, real and digital. At launch, an ape cost around 0.08 ETH, about $220 USD. Fast forward, and by late 2022, these NFTs were fetching around 76 ETH (roughly $100,000 USD).

BAYC is also known for the perks it offers its members. There’s “The Bathroom,” a digital canvas where members can leave their mark, and exclusive events that bring this digital community to life. They’ve also teamed up with big names like Adidas, blending the digital world with real-world brand experiences. 

Celebrities like Steph Curry, Snoop Dogg, and even Eminem own these coveted digital apes, which has helped drive BAYC’s status to new heights.

10. Sports Trading Cards

Sports Trading Cards

Trading cards are another one of the best NFT examples. NBA Top Shot is a popular example, where fans can buy, trade, and own “Moments,” which are short video clips of key NBA plays.

Topps, known for its baseball cards, is also big in this space. Partnering with MLB, Topps now offers digital baseball cards that include some classic designs, like the well-loved 1952 Mickey Mantle card. These NFTs let fans keep the nostalgic feel of collecting Topps cards.

Another interesting take is Sorare, which combines NFTs with fantasy sports. Fans buy digital trading cards of players, which they can actually use in fantasy sports leagues. Together, these platforms aren’t just changing collectibles – they’re helping teams, leagues, and athletes connect with fans in a way that’s engaging and profitable.

Conclusion

To wrap up, NFT examples demonstrate how diverse and impactful this technology can be. From unique digital artworks to limited edition trading cards, examples of NFTs are everywhere, changing the way we think about ownership and creativity. Platforms like OpenSea and Rarible have made it easier for anyone to create or collect NFTs, making this a vibrant space for artists and fans. 

As more creators explore this digital frontier, we can anticipate even more exciting examples of NFTs in the future. Whether you’re an artist, a collector, or just curious, there’s never been a better time to dive into the world of NFTs. You can also read our related guides on how to buy NFTs and why people buy NFTs.

FAQs: NFT Examples

What is an Example of NFT?

Some of the best NFT examples include digital art, music, virtual real estate, and collectibles. For example, digital art is a huge hit, with artists like Beeple making headlines when his piece sold for an amazing $69 million. Then, we have CryptoPunks, quirky little pixel art characters, some worth over $11 million.

Even big brands like Nike are getting in on the action by selling digital shoes as NFTs. And don’t forget about sports, the NBA’s Top Shot allows fans to own and trade cool moments from games. All these NFT examples show that NFTs can be anything from art to fashion to sports highlights.

How can I turn my NFT ideas into reality?

To turn your ideas into reality NFT art examples, follow these simple steps. First, decide what type of NFT you want to create, like art, music, or a game. Next, you’ll need a digital wallet to store your NFTs and cryptocurrencies. A popular choice is MetaMask. 

After that, choose NFT marketplaces such as OpenSea or Rarible to sell your work. Then, create your digital asset using tools like Adobe Photoshop or Blender for 3D models. Finally, mint your NFT, which means uploading it to the blockchain. Once minted, you can list it for sale and promote it on social media to attract buyers.

What are the different types of NFTs?

NFTs come in several different types. One popular type is digital art, where artists sell their amazing artwork as unique pieces online. Then there’s music NFTs – musicians can sell their songs directly to fans. Virtual worlds are also an NFT example, so you can buy and own digital land in places like Decentraland. 

Collectible NFTs are super popular too, like trading cards and unique game items that people love to collect. Plus, even domain names and tokenization of real-world assets (physical assets) can be NFTs.

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8 Best Crypto Exchanges in the UK for 2025 https://nftevening.com/best-crypto-exchange-uk/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-exchange-uk Mon, 28 Oct 2024 05:45:28 +0000 https://nftevening.com/?p=141473 If you’re wondering how to buy cryptocurrency in the UK, finding the right platform is crucial. The best crypto exchange in the UK not only offers a wide range of

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If you’re wondering how to buy cryptocurrency in the UK, finding the right platform is crucial. The best crypto exchange in the UK not only offers a wide range of cryptocurrencies but also provides a user-friendly experience and competitive fees.

Also, it’s important to consider factors like FCA regulation and GBP transaction support to ensure a safe trading environment. In this guide, we will review the 8 best crypto trading platforms in the UK to help you make informed choices.

List of Best Cryptocurrency Exchanges in the United Kingdom

We have reviewed multiple cryptocurrency trading platforms in the UK based on factors like fees, security, ease of use, FCA compliance, and features. Here is the list of our best crypto exchanges in the UK:

  1. OKX: Overall best crypto exchange in the UK
  2. MEXC: Best for zero-fee UK traders
  3. Gate.io: Best for advanced trading tools
  4. Coinbase: Best for beginners
  5. Kraken: Best for regulatory compliance
  6. Crypto.com: Best for crypto Visa card
  7. eToro: Best UK crypto broker
  8. CoinJar: Best for easy GBP deposits

Comparison of Best Crypto Trading Platforms in the UK

Crypto Exchange Supported Coins Trading Fees Payment Method FCA Regulated
OKX 350+ 0.08% maker, 0.1% taker Bank transfers, Credit/Debit cards, Apple Pay, Google Pay No
MEXC 2,800+ 0% maker, occasional zero-fee promotions Bank transfers, Credit/Debit cards No
Gate.io 2,700+ 0.1% base, discounts with GT token Bank transfers, Credit/Debit cards, Apple Pay, Google Pay No
Coinbase 200+ 0.6% exchange trading, 1.49% bank transfers, 3.99% debit card Bank transfer, Credit/Debit cards, PayPal Yes
Kraken 200+ 0.25% maker and 0.4% taker Bank transfer, Credit/Debit cards, Apple Pay, Google Pay Yes
Crypto.com 350+ 0.15% maker and 0.3% taker Bank transfer, Credit/Debit cards, Apple Pay, Google Pay Yes
eToro 100+ 1% trading, $5 withdrawal, $10 inactivity fee Bank transfer, Credit/Debit cards, PayPal, Neteller, Skrill Yes
CoinJar 60+ 1% flat fee for crypto conversions Bank transfer, Credit/Debit cards, Apple Pay, Google Pay Yes

Best Crypto Exchanges in the UK – Detailed Review

1. OKX

OKX

OKX is the best crypto exchange in the UK. It allows you to access many services, from basic spot trading to more advanced options like futures, margin trading, and decentralized finance (DeFi) products. It supports over 350 different cryptocurrencies and 500+ trading pairs. The traders can also use advanced tools like trading bots, staking, and borrowing/lending services.

OKX is available through both mobile apps and desktop versions. This makes it convenient for traders, whether you prefer trading on the go or at your desk. OKX also offers low trading fees, starting at 0.08% maker and 0.1% taker. However, UK traders must follow the new rules set by the Financial Conduct Authority (FCA). These rules include a 24-hour “cooling-off” period for new users and a focus on managing trading risks.

It has also added a Web3 marketplace, where you can take part in DeFi, buy NFTs, or use decentralized apps (dApps). The staking feature offers returns as high as 20% on certain tokens, which might be appealing if you’re investing for the long term in the crypto market.

Pros

  • A large variety of cryptocurrencies 
  • Low trading fees (starting at 0.08%)
  • Advanced tools like margin and futures trading
  • Staking and lending options with good returns
  • High liquidity for large trades

Cons

  • Challenging for beginners due to its many advanced features
  • Not licensed by FCA to operate in the UK
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2. MEXC

MEXC

MEXC is a popular cryptocurrency exchange that has been around since 2018, attracting millions of traders worldwide, including those from the UK. One of its main advantages is that it allows UK users to trade without completing the Know Your Customer (KYC) verification process, which is ideal if you prefer privacy. With this option, you can withdraw up to 10 BTC per day, which provides flexibility for most traders.

MEXC stands out with its low fees, making it one of the cheapest exchanges for UK traders. It offers 0% maker fees and occasionally runs promotions where you can trade futures contracts without paying fees. This makes MEXC a very cost-effective option, especially for frequent or high-volume traders.

The platform supports over 2,800 cryptocurrencies, from big names like Bitcoin and Ethereum to lesser-known altcoins. It also offers a range of trading options, including spot trading, futures, and copy trading.

Pros

  • KYC is not mandatory for UK traders
  • Withdraw up to 10 BTC daily without verification
  • Extremely low trading fees, with occasional zero-fee offers
  • Wide range of cryptocurrencies and trading options
  • User-friendly mobile and desktop platforms

Cons

  • Not regulated by the FCA
  • Limited GBP deposit methods for UK residents
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3. Gate.io

Gate.io

Gate.io is another UK crypto trading platform that offers a wide range of crypto features. With access to over 2,700 cryptocurrencies, it’s ideal if you’re looking to explore different assets. Whether you’re into spot trading, margin trading, or futures, Gate.io has something for you. You can even use up to 100x leverage for futures trading.

For those who prefer automated trading, Gate.io has several trading bots. These bots, like the Grid Trading and Futures Trading bots, can help you set trading strategies and let the system do the work, which is handy if you don’t want to monitor the market constantly.

When it comes to fees, Gate.io is competitive. The base fee for spot trading starts at 0.1%, but if you hold their native GT token or trade in large volumes, you can get discounts. Security-wise, Gate.io implements two-factor authentication (2FA), stores most of its funds in cold wallets, and performs regular security checks to protect your assets. 

For more information, check out our detailed Gate.io review.

Pros

  • Huge variety of cryptocurrencies
  • Competitive fee structure (starting at 0.1%)
  • Advanced trading tools, including bots and high-leverage
  • Robust security features

Cons

  • Interface can be complex for beginners
  • Limited fiat currency support for UK users
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4. Coinbase

Coinbase

Coinbase is one of the top exchanges in the UK, especially for beginners due to its FCA license and straightforward design. If you’re new to crypto, signing up is easy. All you need is to verify your ID, add a payment method like a bank account or debit card, and you’re ready to start buying crypto. Coinbase’s app and desktop exchange make it simple to manage your portfolio, and you can even receive real-time notifications on price changes.

For more experienced users, Coinbase has an “Advanced Trade” option that gives you access to detailed tools and real-time order books. You can also store your assets securely in Coinbase Wallet, a non-custodial crypto wallet, or earn rewards by staking certain cryptocurrencies directly through the platform.

Coinbase is available across multiple countries, including the UK, and supports GBP transactions, making it convenient for UK-based traders. However, one drawback is the higher fees – bank transfers cost about 1.49%, and debit card transactions are even higher at 3.99%. These fees can add up quickly, especially if you’re making smaller transactions.

Pros

  • Great for beginners and advanced users alike
  • Access to over 200 cryptocurrencies
  • Can stake assets to earn rewards
  • Supports GBP for UK users
  • Coinbase Web3 wallet for DeFi users

Cons

  • High fees, especially for debit card transactions
  • Customer support can be slow sometimes
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5. Kraken

Kraken

Kraken, founded in 2011, is one of the oldest cryptocurrency exchanges globally and is well-regarded in the UK. Kraken’s UK platform supports over 200 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Polkadot (DOT), and more. 

UK users can trade in GBP, which makes Kraken attractive for avoiding currency conversion fees. Kraken also offers margin trading with up to 5x leverage and supports futures trading on popular crypto pairs like BTC and ETH.

Kraken’s reputation is built on security, with over $100 million invested in cybersecurity. The platform uses advanced features like cold storage for most assets, two-factor authentication (2FA), and withdrawal whitelist management. UK users can also access Kraken’s Pro platform, which offers advanced charting tools, lower trading fees, and more detailed market data, ideal for professional traders.

Pros

  • Strong security measures and regulatory compliance
  • Supports trading in GBP and advanced trading options like margin and futures
  • Earn staking rewards on assets like ETH, DOT, and more
  • Deep liquidity and trading volume across markets

Cons

  • High crypto trading fees compared to exchanges like OKX and MEXC
  • A pro interface can be complex for beginners
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6. Crypto.com

Crypto.com

Crypto.com is a major Bitcoin exchange in the UK with over 100 million global users. Launched in 2016, it supports the buying, selling, and trading of over 350 cryptocurrencies. It supports spot and margin trading, giving UK traders access to advanced financial tools like limit orders and derivatives. The platform also supports DeFi tools, with features like the Crypto.com DeFi Wallet and DeFi Earn, which provide users with decentralized financial services.

UK traders can fund their accounts via bank transfers, debit/credit cards, or cryptocurrency deposits. The platform also offers a range of payment options, including Crypto.com Pay, enabling users to spend their crypto on everyday purchases. Additionally, its Visa card offers rewards of up to 5% cashback in CRO tokens for UK users who choose to convert and spend crypto.

Pros

  • Wide selection of cryptocurrencies (350+)
  • High security, including 2FA and cold storage
  • DeFi integration and crypto-backed Visa card with cashback
  • Transfer GBP via FPS and Apple/Google Pay

Cons

  • High trading fees for low-volume traders
  • Limited customer support options
  • Complex fee structure for crypto withdrawals
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7. eToro

eToro

eToro is a British Bitcoin platform for cryptocurrency trading, ideal for both beginners and seasoned investors. It stands out for its user-friendly design and unique features, such as social trading. This platform offers access to popular digital currencies like Bitcoin, Ethereum, and 100+ altcoins.

It offers a CopyTrading system, which lets you automatically mimic the trades of more experienced investors. This is especially helpful if you’re new to crypto trading and want to benefit from expert strategies. Another feature, CopyPortfolios, is designed for users looking for diversified portfolios. These portfolios are made up of several cryptocurrencies or other financial instruments, which are managed as a group.

For UK users, eToro supports GBP deposits and withdrawals, making the process smoother. The platform also offers CFD trading (contracts for difference), allowing you to trade cryptocurrencies with leverage. It’s worth noting that eToro charges a withdrawal fee of $5 and an inactivity fee of $10 if your account has been inactive for a year.

Pros

  • CopyTrading and CopyPortfolios for easy investment strategies
  • FCA-regulated for added safety
  • Supports trading in GBP and has a range of crypto assets
  • Demo account for new UK investors

Cons

  • High charges for trading, withdrawals, and inactivity
  • Limited number of supported crypto assets (only 100)

For further information on this exchange, check out our full eToro review.

8. CoinJar

CoinJar

CoinJar is the best cryptocurrency app in the UK, offering services since 2013. It is known for its user-friendly platform. It provides access to over 60 different cryptocurrencies. The exchange is also fully regulated by the Financial Conduct Authority (FCA) in the UK.

You can use fiat currencies like GBP to make deposits via the Faster Payments system, with no fees for GBP deposits and withdrawals. Fees are set at a flat 1% for crypto conversions, which is quite high compared to many exchanges. If you’re looking for faster transactions, CoinJar offers instant crypto purchases using Visa, Mastercard, Apple Pay, or Google Pay, but these methods come with a 2% fee.

In addition to regular crypto trading, CoinJar offers advanced trading tools through its CoinJar Exchange, where traders benefit from lower fees based on trading volume. High-volume traders can enjoy fees as low as 0.06% for takers and 0.02% for makers. Another unique offering is the CoinJar Card, a crypto debit card that allows you to spend your crypto assets in-store or online, with a 1% transaction fee for purchases.

Pros

  • User-friendly interface suitable for beginners
  • FCA-regulated in the UK
  • No fees on GBP deposits/withdrawals
  • CoinJar Card for crypto spending
  • Invest in themed baskets of crypto with CoinJar Bundles

Cons

  • 2% fee for instant buys with credit/debit cards
  • Limited range of advanced trading features compared to some competitors​

How to Choose a UK Crypto Exchange?

Security

Security is absolutely essential when it comes to choosing a crypto exchange. You want to make sure the platform you use has robust security measures to protect your money. The best exchanges use things like two-factor authentication (2FA), cold storage (which keeps your assets offline where they’re safer from hackers), and encryption to keep your information secure.

Some platforms even offer insurance on your funds, which can help protect you if there’s ever a security breach. Exchanges like OKX and Coinbase are known for storing a large portion of their funds in cold storage and have insurance to cover losses. Remember, cryptocurrency hacks have cost billions globally, so using an exchange with strong security measures can really help protect you.

Regulatory Compliance

In the UK, crypto exchanges have to be registered with the Financial Conduct Authority (FCA). This ensures they follow rules like anti-money laundering (AML) and know-your-customer (KYC) requirements, which are designed to keep things safe and above board.

Some big exchanges, like OKX, Kraken, and Coinbase, are registered or in the process of getting registered with the FCA. It’s safer to use exchanges that follow these rules because it makes it easier to trust the platform with your money. On the flip side, using an exchange that doesn’t comply with UK regulations can be a big risk because you have less protection if something goes wrong.

Supported Cryptocurrencies

The next thing to consider is which cryptocurrencies the UK exchange supports. If you’re just looking to trade major coins like Bitcoin (BTC) or Ethereum (ETH), most exchanges will have you covered. However, if you’re interested in trading lesser-known coins (altcoins), you’ll want to choose a UK platform with a wider selection.

For example, OKX offers more than 350 different cryptocurrencies, while Kraken has around 200. CoinJar is more limited, focusing mainly on the bigger, more stable options. So, depending on what you want to invest in, it’s important to check whether the exchange supports those specific cryptocurrencies.

Trading Fees

Typically, crypto exchanges charge trading fees for buying and selling, and sometimes additional withdrawal fees if you want to take your money or crypto off the platform. MEXC is one of the best zero-fee crypto exchanges.

OKX is also known for having low trading fees at around 0.08% per trade, which can go even lower if you trade more. Kraken’s fees start at 0.4% for takers and 0.25% for makers, while Coinbase tends to charge around 0.6%. Some exchanges also charge a withdrawal fee for taking your money out.

Tools and Features for Crypto Investing

Crypto exchanges offer different features depending on your experience level. If you’re new to crypto, you might prefer platforms that are easy to use and have educational resources. For example, Coinbase is often recommended as the best crypto app for beginners because of its simple interface and features like recurring buys, which allow you to invest a set amount regularly.

On the other hand, if you’re more experienced, you might want access to advanced tools. OKX and Kraken are good options for advanced traders as they offer features like margin trading, futures trading, and staking, where you can earn passive income on your cryptocurrency. Kraken even offers staking with returns of up to 21%, and OKX has its Launchpad, which lets you invest in new crypto projects.

GBP Payment Methods

One final thing to consider is how you can deposit and withdraw GBP (British pounds). Most UK-focused exchanges will allow you to deposit GBP directly through Faster Payments Service (FPS), which is usually free and quick.

For example, OKX, Kraken, and Coinbase all accept bank transfers through FPS, making it easy to move money in and out. Some exchanges also let you deposit using a debit or credit card, though this might come with higher fees. For example, Coinbase charges a 3.99% fee for GBP deposits via debit card. For larger sums, bank transfers are usually the cheaper option. Some exchanges even support PayPal for UK users.

What is a Cryptocurrency Exchange?

A cryptocurrency exchange is an online marketplace where people can purchase, trade, and transfer digital currencies such as BTC, ETH, and others. These platforms serve as intermediates, connecting buyers and sellers while offering real-time market data and tools for trading. 

Cryptocurrency exchanges can also provide wallets for holding digital assets, however, security differs by platform. Exchanges in the United Kingdom must register with the FCA in order to comply with anti-money laundering legislation.

Types of UK Crypto Exchanges

There are three main types of crypto exchanges in the UK: centralized exchanges (CEX), decentralized exchanges (DEX), and peer-to-peer (P2P) platforms.

  1. Centralized Exchanges (CEX): These are also known as custodial crypto exchanges. Centralized exchanges are the most common platforms you’ll come across. Popular ones in the UK include OKX, MEXC, Coinbase, and Kraken. These platforms are run by companies that manage and oversee all trading activities. However, when you use a CEX, you trust the exchange to keep your funds safe, which can be risky in case of hacks.
  2. Decentralized Exchanges (DEX): Decentralized exchanges, such as Uniswap and SushiSwap, work differently. They allow you to trade directly with other users through smart contracts without any central authority. This offers more privacy and control over your funds since you don’t need to share personal information or trust a third party. However, DEXs usually have lower liquidity, which means trades might take longer or cost more. They also don’t support GBP deposits, so you’ll need to own cryptocurrency first to use these platforms.
  3. Peer-to-Peer (P2P) Exchanges: Peer-to-peer (P2P) exchanges like Paxful or OKX P2P let you trade directly with other users. The exchange acts as a middleman, holding the funds in escrow until the transaction is confirmed by both parties. 

British Crypto Regulations and Tax

Since January 2020, all crypto-related businesses operating in the UK must register with the FCA, or they risk fines and potential shutdowns. You’ll need to pay Capital Gains Tax when you sell or dispose of cryptocurrencies at a profit. This includes selling for fiat currency, trading one crypto for another, or using crypto to buy goods or services. 

Capital Gains Tax (CGT): The annual tax-free CGT allowance is £3,000 for the 2024/25 tax year, down from £6,000 in 2023/24. Any gains above this are taxed at 10% for basic-rate taxpayers and 20% for higher-rate taxpayers.

Income Tax: If you receive cryptocurrency as payment (for services, staking, mining, or through airdrops), it is treated as income. In these cases, you’ll be taxed at your standard income tax rate, which can be 20%, 40%, or 45%, depending on your overall income bracket.

Reporting Requirements: You are required to report any crypto-related profits or losses to HMRC. If your gains exceed the £3,000 CGT allowance, they must be included in your self-assessment tax return. Failure to report could lead to penalties ranging from 10% to 100% of the owed tax, based on the severity of the offense.

The FCA also classifies crypto assets into three types: exchange tokens (like Bitcoin), security tokens, and utility tokens. Each category has different legal and tax implications, so it’s essential to understand where your holdings fall.

How to Trade Cryptocurrency in the UK

To trade cryptocurrency in the UK, you need to follow a few essential steps:

  1. Choose a UK crypto exchange: First, choose a UK-based crypto exchange. It is important to select one registered with the Financial Conduct Authority (FCA), such as OKX, eToro, or Coinbase, to ensure the platform meets legal standards for security and compliance.
  2. Create an account and complete KYC: Once you’ve chosen an exchange, sign up and verify your account. You will need to provide an email address and create a strong password. You will also need to go through the Know Your Customer (KYC) process. This involves submitting identification documents, such as your passport or driver’s license, to comply with UK regulations aimed at preventing money laundering. After your identity is verified, make sure to activate multi-factor authentication (MFA) for added security. This step typically involves using an app like Google Authenticator for an extra layer of protection.
  3. Deposit GBP or crypto: After completing verification, you can deposit GBP or cryptocurrency into your account. Most UK exchanges allow GBP deposits through bank transfers, credit cards, or even PayPal. If you already own some cryptocurrency, many UK platforms let you deposit that directly.
  4. Start buying crypto: With your funds in place, you’re ready to start purchasing cryptocurrency. You can buy popular digital currencies like Bitcoin or Ethereum. Once purchased, you can choose to keep your crypto on the exchange or transfer it to a personal wallet for extra security.

For a more step-by-step guide, you can read our in-depth article “How to buy cryptocurrency in the UK”.

Conclusion

In a nutshell, when choosing the best crypto exchanges in the UK, consider factors like fees, user experience, security, and available assets. OKX, MEXC, and Kraken offer advanced tools and low fees for experienced traders, while Coinbase and CoinJar provide user-friendly options for beginners. Each platform caters to different needs, so evaluate what matters most to you before selecting an exchange. 

Overall, the listed cryptocurrency sites in the UK here provide reliable services and a broad range of features for UK users looking to trade or invest in cryptocurrencies.

FAQs: Best UK Crypto Exchange 

What is the best crypto exchange in the UK for beginners?

OKX is often considered the best crypto exchange in the UK for beginners. Its user-friendly interface makes it easy to sign up, verify your identity, and start trading. It offers clear guidance and tutorials for new users, making it accessible for those new to cryptocurrencies.

What is the lowest fee crypto exchange in the UK?

MEXC is the cryptocurrency app with lowest fee in the UK. It offers 0% maker fees and runs promotions where users can trade futures without any fees, making it highly cost-effective for both casual and high-volume traders. 

OKX also provides low fees, starting at 0.08%, which appeals to traders looking for affordable options. These exchanges, however, are not FCA-regulated, so users need to weigh cost savings against regulatory considerations.

Is Binance legal in the United Kingdom?

Binance is currently not permitted to operate in the UK as a fully regulated exchange. The Financial Conduct Authority (FCA) has issued warnings against Binance, stating that it does not meet the required legal standards to operate in the UK. 

Although UK users can still access Binance through offshore platforms, it is important to be aware of the regulatory risks involved. For UK residents seeking a legal and regulated exchange, alternatives like Coinbase and Kraken are safer options.

What is the best broker to trade crypto UK?

eToro is the best broker for trading crypto in the UK. It offers access to over 100 cryptocurrencies and provides unique features like CopyTrading, where you can automatically copy the trades of successful investors. 

eToro also supports fiat deposits in GBP and is FCA-regulated, ensuring a safe and compliant trading experience. It is ideal for both beginners and experienced traders due to its mix of social trading tools and educational resources.

What is the best way to buy crypto in the UK?

The best way to buy crypto in the UK depends on your preferences. For ease of use, Coinbase allows quick purchases via debit cards or bank transfers, though fees can be higher. If you’re looking for low fees, OKX or MEXC are better suited, but they require more advanced knowledge of trading. For regular, smaller purchases, CoinJar offers convenient options like instant crypto buys using Apple Pay or Google Pay. Each method has trade-offs in terms of speed, cost, and complexity.

What is the safest crypto exchange in the UK?

Kraken and Coinbase are the most secure crypto exchanges in the UK due to their strong security measures, including cold storage, two-factor authentication (2FA), and continuous security audits. Both platforms are regulated by the FCA, comply with the UK regulations and provide asset protection.

Is Coinbase legal in the UK?

Coinbase is fully legal in the UK and regulated by the Financial Conduct Authority (FCA). This makes it a trusted platform for buying, selling, and trading cryptocurrencies. It also complies with UK financial laws, ensuring that users’ funds and personal information are protected. 

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9 Best Crypto Trading Bots in 2025 (Tested) https://nftevening.com/best-crypto-trading-bots/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-trading-bots Fri, 04 Oct 2024 08:28:40 +0000 https://nftevening.com/?p=140790 Many crypto investors and traders want to make profits, but they may not have the time or skills to do it all manually. This is where crypto trading bots come

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Many crypto investors and traders want to make profits, but they may not have the time or skills to do it all manually. This is where crypto trading bots come in. These bots can help you trade automatically, making it easier to buy and sell coins.

In this guide, we will look at 9 best crypto trading bots. We will compare them based on the number of exchanges they support, their prices, trading strategies, and whether they offer a free plan. This will help you find the right bot for your trading needs.

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List of Best Crypto AI Trading Bots: Our Top Picks

We have reviewed and tested over 30 cryptocurrency trading bots based on factors such as types of bots, price, security, user interface, and more. Here is our list of the 9 best crypto trading bots.

  1. 3Commas: Overall Best Crypto Trading Bot
  2. ArbitrageScanner.io: Best Crypto Bot for Cryptocurrency Trading and Analysis
  3. Cryptohopper: Best Crypto Bot for AI Trading
  4. Pionex: Best Free Trading Bot and Exchange
  5. Quadency: Best Free KuCoin Trading Bot
  6. TradeSanta: Best Crypto Signal Trading Bot
  7. WunderTrading: Best Grid Trading Bot
  8. Coinrule: Best Crypto Copy Trading Bot
  9. Bitsgap: Best Binance Trading Bot

9 Best Crypto Trading Bots Reviewed

1. 3Commas: Overall Best Crypto Trading Bot

3Commas- Overall Best Crypto Trading Bot

3Commas is a crypto trading bot that helps you automate trades across different crypto exchanges. Established in 2017, it provides tools like the SmartTrade terminal, letting you manage multiple trades at once. Features like Take Profit, Stop Loss, and Trailing options make it easier to maximize profits and minimize risks.

With 3Commas, you can use bots like the Dollar-Cost Averaging (DCA) and Signal Bot. The DCA Bot allows you to invest gradually, lowering the impact of price fluctuations by averaging your entry prices. The Signal Bot reacts to real-time signals, such as price movements or social media trends. It also offers “Bot presets”. You can copy the bot perimeters from other seasoned traders and start trading. It’s similar to crypto copy trading. These bots work seamlessly with exchanges like Binance and Coinbase.

Plus, the platform has extensive portfolio management capabilities that let you track your assets across different exchanges, as well as a Grid Bot that is helpful for trading during a sideways market. It also ensures the security of your transactions by using IP whitelisting and secure API access to protect your data.

Supported Exchanges

3Comms supports over 14 popular crypto exchanges including Binance, Coinbase, OKX, Bitget, Bitfinex, Gate.io, Kraken, Gemini, KuCoin, and more.

Pricing

The Free plan offers basic access, with three active SmarTrades and one active bot for each category. The Pro package is $39 per month and includes up to 50 SmartTrades and 10 running bots. The Expert package ($59 per month) adds limitless trading bots to the Pro plan’s functionality. A yearly subscription comes with a 25% discount. 

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2. ArbitrageScanner.io: Best Crypto Bot for Cryptocurrency Trading and Analysis

ArbitrageScanner.io: Best Crypto Bot for Cryptocurrency Trading and Analysis

ArbitrageScanner.io is the best bot for trading according to the editorial team and all the users who are already earning from 5-50% of their capital per month using the service. The advantage is that you can track spreads between CEX and DEX exchanges, where the most money is now. ArbitrageScanner does not work with your money – it’s a manual bot without requesting your API, which increases the safety of your capital many times over. You can choose any coins to track, receive price difference alerts every 2 seconds and make up to 200 trades per day. As an example, on such days clients’ income reaches up to 150%. 

One of the most popular instruments at the moment is Arbitrage Perpetuals, where you can trade Spot + Futures strategy – the least risky and most profitable strategy, where the most money is now. 

Let’s show a case study of an ArbitrageScanner client who made $12.69 on a single trade with VGX Funders. The client leveraged x1, simultaneously opening positions of 71,000 VGX on MEXC and going short on Kuxoin for the same amount. In the end he made $4.30 on two funding on this position and $8.39 thanks to a positive exit spread. With x5 leverage, the profit could have been $63.5, but the risks would have increased significantly. You can study this case study on the ArbitrageScanner blog and find more real client examples on the service’s YouTube channel, but it is worth remembering that there are nuances everywhere.

Especially for ArbitrageScanner service clients, we have prepared training and recorded more than 50 training videos, where you will understand step by step in live mode how to work with tools and make profit on arbitrage. Access to training is available immediately after subscribing to the service – and with it you get access to private chat with other traders and the best tools for trading according to users. 

In addition to making money from trading and finding arbitrage bundles, you can buy the ArbitrageScanner API (from $500/month) and deploy a copy of the product on your domain. You can also buy WhiteLabel, an off-the-shelf IT solution, and deploy it on your off-the-shelf business. You get a copy of the site on your domain in less than 4 days. Fee for API only, with pricing starting at $19999$.

We have analyzed customer feedback, 99% of which is positive, and we can definitely recommend ArbitrageScanner as the best arbitrage bot – here you get no promises of earnings, but working tools with which customers are already showing real cases and increasing capital. We recommend testing the tools and subscribing – use our promo code NFTEVENING and get +50% bonus days on your first purchase. 

Supported Exchanges

ArbitrageScanner.io supports over 32 major exchanges, including Binance, Bybit, Huobi, Gate, BingX. The platform continues to add new exchange integrations.

Pricing 

ArbitrageScanner.io offers a 1 day free trial for all users. Paid plans start at $69/month for the Test plan, with more advanced features available in the Business ($195/month) and Platinum ($397/month) plans.

3. Cryptohopper: Best Crypto Bot for AI Trading

Cryptohopper- Best Crypto Bot for AI Trading

Cryptohopper is a cryptocurrency AI trading bot platform. Launched in 2017, it provides tools that simplify trading while maximizing efficiency, whether through algorithmic trading, portfolio management, or copying experienced traders‘ strategies.

The platform is known for its algorithmic trading bots, which operate 24/7 and are customizable according to user preferences. These bots use technical indicators and strategies, including signals from external analysts, to execute trades without manual intervention. 

For beginners, the platform offers pre-configured bots, while experienced traders can fine-tune their strategies using features like backtesting and paper trading. In addition to algorithmic trading, Cryptohopper’s marketplace allows you to purchase bot strategies from expert traders.

Supported Exchanges

Cryptohopper supports over 17 major exchanges, including Binance, HTX, Coinbase, Bybit, and Kraken. You can trade across different markets from one central hub.

Pricing

Cryptohopper offers several pricing plans. The free plan gives access to unlimited copy bots and portfolio management, with a limit of 20 open positions per exchange. 

The Explorer plan costs $29.00 per month and includes everything from the basic plan, along with 80 open positions and market scanning using 15 bots. It also offers backtesting, strategy building, and portfolio bots. You can save with annual plans for long-term use.

4. Pionex: Best Free Trading Bot and Exchange

Pionex- Best Free Trading Bot and Exchange

Pionex is a cryptocurrency exchange featuring automated trading bots. It debuted in 2019 and seeks to make automated trading available to everyone. 

Pionex provides 16 free trading bots that can operate continuously without human interaction. The most popular bot is the Grid Trading Bot. It buys low and sells high in a predetermined price range. Another handy bot is the Dollar-Cost Averaging Bot, which invests a certain amount at regular intervals.

Pionex also provides spot and futures trading. The exchange offers approximately 350 trading pairs. It employs smart order routing to discover the cheapest rates across many exchanges. This helps to maintain strong liquidity and narrow spreads. Pionex features lower fees than other exchanges. The trading fee is 0.05% per trade. 

Supported Exchanges

Pionex is itself a crypto exchange with many trading bots. Therefore, it does not support external crypto trading platforms like Binance or OKX for API trading.

Pricing

The Pionex trading bots are free of charge. You don’t need to pay any subscription fees. However, there is a trading fee of 0.05% maker/taker.

5. Quadency: Best Free KuCoin Trading Bot

Quadency- Best Free KuCoin Trading Bot

Quadency is a cryptocurrency trading platform that combines manual and automated trading tools. The platform provides real-time market data, portfolio tracking, and advanced charting tools. You can create custom trading strategies or use pre-built bots. 

Quadency’s bots can perform various functions, including market-making, rebalancing, and grid trading. The platform supports both spot and futures trading. It includes features like trailing stop-loss and take-profit orders to help manage risk. Quadency also has a governance token “QUAD”. The QUAD token holders get premium access to trading features like Cody AI, which can be used on top crypto exchanges

The platform also provides backtesting capabilities to simulate strategies using historical data. You can easily manage multiple exchange accounts from one dashboard. It offers mobile apps for iOS and Android. 

Supported Exchanges

Quadency supports over 20 major cryptocurrency exchanges. These include Binance.us, Coinbase Pro, Kraken, OKX, and KuCoin. The platform continues to add new exchange integrations.

Pricing

Quadency offers a free plan with basic features like one exchange integration and one live spot trading bot. Their paid plans start at $40 per month for the “Pro” tier, which includes all automated trading features. The “Premium” plan costs $80 monthly and offers unlimited exchange integrations and trading bots.

Note: For KuCoin Exchange users, it offers a free premium plan.

6. TradeSanta: Best Crypto Signal Trading Bot

TradeSanta- Best Crypto Signal Trading Bot

TradeSanta is another cloud-based crypto trading bot. It offers an easy setup with customizable strategies like Grid, DCA (Dollar Cost Averaging), and Smart Orders, all aimed at maximizing profits in various market conditions.

With TradeSanta, traders can set up their bots to handle different trading pairs, implement custom signals, and use tools like trailing take profit to capture gains as the market moves. 

It also offers a mirror trading marketplace. You can copy trading trading bot strategies of more experienced traders and apply them in your own account.

TradeSanta also provides an easy-to-use interface and a mobile app for trading. The program is ideal for people who want to automate cryptocurrency trading without continually watching the market.

Supported Exchanges

TradeSanta supports a wide range of crypto exchanges, currently working with over 10 exchanges, including popular platforms like Binance, HitBTC, Coinbase Pro, ByBit, and OKX. 

Pricing

TradeSanta offers three main plans. The Basic plan starts at $25 per month and includes up to 49 bots, unlimited trading pairs, and access to all strategies. 

The Advanced plan, priced at $45 monthly, includes up to 99 bots and additional features like Trailing Take Profit and TradingView signals. For professional traders, the Maximum plan offers unlimited bots and advanced trading tools at $90 per month.

7. WunderTrading: Best Grid Trading Bot

WunderTrading- Best Grid Trading Bot

WunderTrading is a platform that offers top-tier crypto trading bots, AI-powered statistical arbitrage, grid trading, signal, and DCA bots. It lets users create and run automated trading strategies without coding. The platform offers copy trading, where users can follow expert traders. It supports both manual and automated trading. Users can backtest strategies using historical data before going live.

The platform has a visual pump-screener Telegram bot. This means you get a notification for low-cap coins pumping. You can also set up email and Telegram notifications for trades and market events. WunderTrading provides detailed performance analytics and reports. It uses TradingView charts for technical analysis.

Security is a focus, with two-factor authentication and encrypted data storage. The platform runs on secure Amazon Web Services infrastructure. It offers paper trading accounts for practice. The platform is designed to be user-friendly for beginners and advanced traders alike.

Supported Exchanges

WunderTrading supports over 16 cryptocurrency exchanges. Some major supported exchanges include Binance, Coinbase Pro, Deribit, and Bitfinex. It also works with KuCoin, Woo X, and Bybit.

Pricing

The free plan is a good option for beginners, allowing the use of basic features like portfolio tracking, paper trading, and social trading. For those needing more, the Starter plan costs $4.95 per month and allows one bot of each category. The Basic plan, priced at $19.95 monthly, provides up to 5 bots.

8. Coinrule: Best Crypto Copy Trading Bot

Coinrule- Best Crypto Copy Trading Bot

Coinrule is the best automated crypto trading tool suitable for both novice and professional traders. It enables users to construct customized trading strategies without having any coding experience. You can also copy bots and strategies of other crypto traders.

The platform runs on the “If This Then That” (IFTTT) principle, allowing traders to specify the conditions under which their bots would execute transactions. 

Coinrule provides a library of over 150 pre-designed strategies, ranging from simple buy/sell rules to complicated strategies based on technical indicators like Bollinger Bands and golden crosses

It also contains backtesting capabilities, which allow users to evaluate tactics against historical data before going live. Additionally, Coinrule provides a demo trading option, which allows users to experiment and perfect their tactics without risking real money.

Supported Exchanges

Coinrule integrates with more than 10 leading exchanges, such as Binance, Coinbase Pro, Kraken, Bitfinex, and KuCoin.

Pricing

Coinrule offers four pricing tiers. The Starter plan is free but limits features. The Hobbyist plan costs $29.99 per month. The Trader plan is $59.99 monthly. The Pro plan, with the most features, costs $749.99 per month. All paid plans offer a 30-day money-back guarantee.

9. Bitsgap: Best Binance Trading Bot

Bitsgap- Best Binance Trading Bot

Bitsgap is the best crypto trading bot for Binance. It offers automated trading bots, portfolio management, and market analysis tools.

It helps you to create custom trading strategies or use pre-made bots. Bitsgap also provides a demo mode for testing strategies without risking real money. The platform includes features like smart orders, which help you maximize profits and minimize losses.

Bitsgap’s interface shows real-time market data and portfolio performance. You can track your assets and trades across 15+ different exchanges in one place. The platform offers over 10,000 trading pairs and supports various order types. It also includes a grid trading bot, BTD trading bot, and COMBO trading bot.

Supported Exchanges

Bitsgap supports over 15 major cryptocurrency exchanges. These include popular platforms like Binance, OKX, Coinbase Pro, and HTX. Users can connect multiple exchange accounts to trade and manage their assets from a single interface.

Pricing

Bitsgap offers a limited free plan with only manual trading and demo trading features. Its premium plan starts at $28/month and includes 3 Active Grid bots and 10 Active DCA bots. For more bots, you can purchase higher plans.

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Comparison between Crypto Trading Bots

Platforms Supported Exchanges Price Free Plan
3Commas 14+ Free plan, Pro: $39/month, Expert: $59/month Yes
ArbitrageScanner.io 32+ 1 day free trial, Paid plans: $69/month, Business: $195/month, Platinum: $397/month Yes
Cryptohopper 17+ Free plan, Explorer: $29/month Yes
Pionex No subscription fee, Trading fee: 0.05% per trade Yes
Quadency 20+ Free plan, Pro: $40/month, Premium: $80/month Yes
TradeSanta 10+ Basic: $25/month, Advanced: $45/month, Maximum: $90/month Yes
WunderTrading 16+ Free plan, Starter: $4.95/month, Basic: $19.95/month Yes
Coinrule 10+ Free plan, Hobbyist: $29.99/month, Trader: $59.99/month, Pro: $749.99/month Yes
Bitsgap 15+ Free plan (limited), Premium: $28/month Yes (only manual trading)

How to Choose the Best Crypto Trading Bot?

Choosing a top crypto trading bot requires careful thinking. Picking the right one is important because it can affect your profits. Below are some factors to help you choose the best bot for crypto trading.

1. Security Features

Security is the first thing you should check when selecting a trading software. You will connect the bot to your trading account, so strong security features are essential. Look for bots that offer two-factor authentication (2FA), API key encryption, and withdrawal protection.

2. Costs or Pricing

Many crypto trading bots come with fees. Some charge a monthly or yearly subscription, while others may take a percentage of your profits. Make sure you know how much the bot will cost before you commit to it. 

For example, crypto bots cost around $20 per month on average, while others can cost up to $100 or more. Choose a bot that fits your budget but also offers good features.

3. Ease of Use

Not all trading bots are easy to use. If you are new to crypto trading, you will want a bot with a user-friendly interface. Look for bots that offer pre-built strategies and easy setup processes. 

Some bots, like 3Commas and Cryptohopper, allow you to copy strategies from experienced traders. This feature is helpful if you are still learning.

4. Performance Track Record

Before you choose a crypto trading bot, check its performance history. Reliable bots often show their performance over time, allowing you to see how well they have done in the past. 

Look for bots with transparent performance data. A good bot should have at least a few months of positive performance. You can also check for features like backtesting and paper trading.

5. Supported Crypto Exchanges

Different crypto bots work with different exchanges. For example, some bots only work with popular exchanges like Binance, Kraken, or Coinbase, while others may support smaller ones. Make sure the bot you choose supports the exchange you use. This will make your trading smoother and less complicated.

6. Customization Options

Advanced traders often need bots that can be customized. Look for bots that allow you to set your own strategies and conditions. For example, a bot like Cryptohopper lets you adjust your strategies based on technical indicators. This feature is useful if you want more control over your trading strategy.

7. Reviews and Testimonials

User reviews can give you an idea of how well a bot works in real-world trading. Read online reviews on platforms like Trustpilot, Reddit, or specialized forums. Look for bots with positive feedback, especially regarding customer support and ease of use.

8. Free Trial or Demo

Some crypto trading bots offer free trials or demo accounts. These allow you to test the bot without risking your money. Bots like Pionex, 3Commas, and Cryptohopper offer free plans that let you see how the bot works before committing. This is a good way to see if the bot suits your trading style.

9. Mobile App

If you want to monitor your automated crypto trades on the go, look for bots with mobile apps. Not all bots offer this feature, so check if it’s important to you. 

What is a Crypto Trading Bot?

A crypto trading bot is a software program that automatically buys and sells cryptocurrency for you. These bots employ established pre-defined algorithms to execute trades. 

You can create specific rules for when the bot should purchase or sell based on market circumstances. The objective is to increase earnings while reducing losses. Crypto trading bots can be active around the clock, which is convenient given that the cryptocurrency market never closes.

Pros

  • Time-Saving: Crypto trading bots save time by automating trades. You don’t have to sit in front of a computer all day watching price charts. This is particularly useful for people who have other commitments.
  • Emotional Control: Bots base their choices on data, not feelings. When traders panic during market volatility, they often make terrible judgments. A bot removes the emotional component and adheres to the strategy.
  • 24/7 Trading: Unlike human traders, bots can work around the clock. The crypto market is open 24 hours a day, 7 days a week, so a bot can take advantage of market opportunities even while you sleep.
  • Speed: A bot can place hundreds of trades in a minute, something that no human can match.
  • Multiple Exchanges: If you manage your funds on multiple crypto exchanges, a trading bot can perform trades on all exchanges at the same time from a single dashboard. This brings efficiency to trading.

Cons

  • Requires Monitoring: While a bot can automate trading, it still requires monitoring. Market conditions can change, and the bot may need adjustments to its strategy. Failing to update the bot can lead to losses.
  • Cost: Many crypto trading bots come with a subscription fee. For instance, advanced bots like 3Commas can cost up to $49 per month. You also may need to pay fees to the exchange where you trade.
  • Not Foolproof: Crypto trading bots are not guaranteed to make profits. They rely on the strategies you set, and if the strategy is poor, the bot will lose money. Additionally, bots cannot predict market crashes.
  • Technical Knowledge Required: Some crypto bots require a good understanding of how cryptocurrency markets work. You may need to know technical analysis and other trading strategies. For beginners, this can be difficult.

Types of Crypto Trading Bots

1. Grid Bots

Grid Bots use a simple strategy of buying low and selling high at regular intervals. They create a “grid” of buy and sell orders. For example, if Bitcoin is trading at $65,000, the bot may place buy orders at every $500 below that price and sell orders at every $500 above. This method allows the bot to profit from price fluctuations.

2. Arbitrage Bots

Arbitrage bots take advantage of pricing disparities across exchanges. For example, if Bitcoin is valued at $65,000 on Exchange A and $65,100 on Exchange B, the bot will purchase Bitcoin on Exchange A and sell it on Exchange B, profiting on the difference.

3. DCA (Dollar-Cost Averaging) Bots

DCA Bots invest a set amount at regular intervals, regardless of the asset’s price. This is a long-term strategy to reduce the impact of price volatility. It helps avoid investing all at once when the price might be high.

Example: A bot can invest $100 in Bitcoin every week, gradually accumulating more over time, regardless of whether the price goes up or down.

4. Leverage Trading Bots

Leverage Trading Bots allow you to trade in derivatives markets like perpetual futures contracts and options trading. For instance, if you have $1,000, the bot can trade as if you had $10,000 by borrowing additional funds. 

5. Market Making Bots

Market-making bots generate buy and sell orders to provide liquidity in the market. These bots benefit from the little discrepancies between bid (buy) and ask (sell) prices. They are continually updating these orders to reflect market movements.

Conclusion

In a nutshell, picking the best crypto trading bots is important for making your trading better. These bots do trades for you, which helps avoid making choices based on feelings or emotions. Some of the top crypto trading softwares are 3Commas, ArbitrageScanner.io, Cryptohopper, and Pionex. They have cool automated features and are easy to use.

The best crypto trading bots cater to different needs with various strategies, from Grid and DCA to Arbitrage and Market Making. Using these bots can help you make more money while dealing with the ups and downs of crypto prices.

FAQs

Which is the Best Crypto Trading Bot for You in 2025?

3Commas, ArbitrageScanner.io, Cryptohopper, and Pionex are the best crypto trading bots due to free trading plans, high-security measures, and advanced bot strategies. 

Are Crypto Trading Bots Legal?

Crypto trading bots are legal in most countries. However, you should confirm that the bot uses a legal cryptocurrency exchange and follows local rules and regulations. Some areas may impose limitations or prohibitions on automated trading. To prevent legal difficulties, always examine the integrated crypto platform’s regulations.

Can a Trading Bot Guarantee Profits?

No, a trading bot cannot guarantee profits. Crypto markets are volatile, and bots operate based on programmed strategies, which may not always predict market movements accurately. 

While bots can help you make quicker and more efficient trades, they are not foolproof. Factors like market crashes or sudden price fluctuations can still lead to losses. Trading bots can assist you, but the risk of loss is always present in crypto trading.

Which crypto trading bot is best for beginners?

CryptoHopper is the best trading bot for beginners, known for its user-friendly interface and features. It offers paper trading and backtesting, allowing you to test strategies without risking real money. The trading platform also has a marketplace where you can find and use pre-built trading strategies, saving you lots of time and effort.

How Much Do Crypto Trading Bots Cost?

The cost of crypto trading bots varies, but it averages around $20-$40 per month. For example, Cryptohopper offers subscription plans starting at around $29 per month, with higher tiers offering more advanced features. On the other hand, Pionex offers free bots, making it an affordable option for beginners.

What Are the Best Strategies for Using Trading Bots?

The best strategies for using crypto trading bots are grid trading, DCA (Dollar-Cost Averaging), arbitrage trading, market-making bot strategy, and crypto leverage trading with borrowed funds.

Are There Free Crypto Trading Bots Available?

Pionex is a free crypto bot and has 16 built-in trading bots that cater to various trading techniques. This makes it an excellent choice for novices who wish to practice automatic trading without spending any money. 3Commas, ArbitrageScanner.io, and Cryptohopper also offer free plans. The free options are still handy for individuals who wish to try the platform before committing to a subscription.

The post 9 Best Crypto Trading Bots in 2025 (Tested) appeared first on NFT Evening.

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7 Best Crypto to Buy and Invest Now in March 2025 https://nftevening.com/best-crypto-to-buy/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-to-buy Tue, 24 Sep 2024 02:33:16 +0000 https://nftevening.com/?p=140444 Cryptocurrency investing draws many people looking to grow their wealth. But which digital coins offer the best potential? This guide explores the best crypto to buy right now. We’ll look

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Cryptocurrency investing draws many people looking to grow their wealth. But which digital coins offer the best potential? This guide explores the best crypto to buy right now. We’ll look at market leaders like Bitcoin and Ethereum, as well as promising altcoins.

You’ll learn about factors that affect crypto value, including technology, adoption, and market trends. We’ll also discuss types of crypto to invest in and how to buy these coins today.

Best Cryptocurrencies to Invest Right Now: 7 Top Picks

We have reviewed over 100 popular digital assets based on market value, community, use cases, security, and return on investment (ROI). Here is our list of top 7 coins to buy right now:

  1. Bitcoin (BTC): Best for long-term storage
  2. Ethereum (ETH): Best smart contract coin
  3. Solana (SOL): Best for building meme-coins
  4. Toncoin (TON): Best for building DApps
  5. Tron (TRX): Best for fast crypto transactions
  6. Chainlink (LINK): Best RWA crypto asset
  7. Ripple (XRP): Best for borderless crypto payments

Sign up to receive bonuses and start buying your favorite coins today 👇

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Top 7 Crypto Coins to Buy Today Compared

Cryptocurrency Market Capitalization Current Price Year-to-Date Returns
Bitcoin (BTC) $1,837,339,201,013 $92,850 +93.5%
Ethereum (ETH) $403,872,990,287 $3,353 +44.7%
Solana (SOL) $110,454,551,248 $232.62 +96.42%
Toncoin (TON) $15,803,826,549 $6.2 +155.35%
Tron (TRX) $16,919,908,301 $0.196 +63.6%
Chainlink (LINK) $10,860,910,396 $17.33 +29.9%
Ripple (XRP) $77,999,398,594 $1.37 +149.28%

(Data Source: CoinMarketCap, 28 November, 2024)

Best Crypto to Buy Now – Detailed Review

1. Bitcoin (BTC)

Market Cap Year-to-Date Returns Main Features Where to Buy?
$1,837,339,201,013 +93.5% ROI Store of value, digital gold Binance, Coinbase, Bybit, and more

Bitcoin (BTC) is a decentralized digital currency, alternative to fiat currencies, and the first digital asset created by Satoshi Nakamoto. It enables money sending and receiving without the assistance of governments or banks.

It was introduced in 2009 and runs on the blockchain, a public ledger. Every transaction is publicly documented here. Users utilize cryptography-secured wallets to handle their BTC. Mining is the process of creating new Bitcoins while verifying transactions.

2. Ethereum (ETH)

Market Cap Year-to-Date Returns Main Features Where to Buy?
$403,872,990,287 +44.7% ROI Smart contract functionality, building DApps Binance, MEXC, Crypto.com, Coinbase, etc.

Ethereum (ETH) is another best crypto to buy based on smart contracts and building decentralized applications (dApps). Ethereum’s core component is the Ethereum Virtual Machine (EVM). It is a global computer that allows developers to execute code on the blockchain.

Smart contracts on Ethereum are self-executing programs. They run when certain conditions are met, enabling trustless, automated applications. Ethereum operates with a proof-of-stake (PoS) consensus model. Here, validators secure the network by staking ETH. In return, they are rewarded for confirming transactions and maintaining the blockchain’s integrity.

3. Solana (SOL)

Market Cap Year-to-Date Returns Main Features Where to Buy?
$110,454,551,248 +96.42% ROI High-Performance Blockchain, Low Transaction Fees Binance, Bybit, KuCoin, and Kraken

Solana (SOL) is a blockchain platform designed for speed, scalability, and low costs. It uses Proof of History (PoH) alongside Proof of Stake (PoS) to validate transactions quickly. This setup allows Solana to process thousands of transactions per second. The confirmation of each transaction takes around 400 milliseconds.

The platform supports decentralized applications (dApps) and smart contracts. Developers can build on Solana without depending on centralized servers. SOL, Solana’s native token, is used for fees, staking, and governance.

Solana is also energy-efficient. Each transaction uses the same power as a few Google searches. It is built for mass adoption, making it ideal for industries like decentralized finance (DeFi), NFTs, and gaming. With its low fees and high throughput, Solana is a strong competitor to other blockchains like Ethereum.

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4. Toncoin (TON)

Market Cap Year-to-Date Returns Main Features Where to Buy?
$15,803,826,549 +155.35% ROI Scalable Layer-1 Blockchain, Telegram Ecosystem Bybit, OKX, Bybit, and more

Toncoin is a decentralized blockchain platform designed to enable fast, scalable, and secure transactions using a proof-of-stake (PoS) consensus mechanism.

One of its key features is sharding. This divides the network into smaller pieces (shards) to process transactions in parallel, enhancing scalability. TON coin is used for various activities on the network, including paying transaction fees, securing the network through staking, and participating in governance decisions. Plus, it is integrated into decentralized applications (dApps) and services on the network.

Toncoin’s architecture makes it suitable for mass adoption, supporting decentralized finance (DeFi), gaming, and other Web3 services. The network aims to combine fast transaction speeds with low costs, creating a user-friendly blockchain ecosystem.

5. Tron (TRX)

Market Cap Year-to-Date Returns Main Features Crypto Exchange
$16,919,908,301 +63.6% ROI Content sharing, decentralized applications Binance, Upbit, Kraken, and more

Justin Sun launched Tron (TRX) in 2017 to decentralize the internet. In 2018, it migrated from Ethereum to its own blockchain. It facilitates quick transactions and highly scalable decentralized apps (dApps).

The Delegated Proof of Stake (DPoS) technique is employed by Tron. Comparing this to Ethereum and Bitcoin, quicker transaction speeds are possible. The network’s smart contracts and transactions are conducted using Tron’s native currency, TRX.

Tron facilitates gaming, entertainment, and decentralized financial (DeFi) applications. TRX is freely traded and can be used for international payments. It is appropriate for minor, routine transactions because of its low costs.

6. Chainlink (LINK)

Market Cap Year-to-Date Returns Main Features Crypto Exchange
$10,860,910,396 +29.9% ROI Oracle network, smart contract data integration Uniswap, Coinbase, Binance, BingX, etc.

Chainlink is another top cryptocurrency to invest right now. It is a decentralized Oracle network. It integrates smart contracts and real-world data, plus connects the blockchain to other systems. Payments on the network are made via an ERC-20 token called “LINK”. Chainlink nodes deliver data to smart contracts and these nodes are rewarded with LINK tokens.

Chainlink supports a variety of blockchains and layer-2 solutions. It provides price feeds, provable randomization, and PoRs. The network supports hybrid smart contracts. These bring together on-chain logic with off-chain data and computation. Chainlink is also used for DeFi, insurance, and gaming. 

7. Ripple (XRP)

Market Cap Year-to-Date Returns Main Features Cryptocurrency Exchange
$77,999,398,594 +149.28% Cross-Border Payments and Settlements Binance, Coinbase, Bitfinex, and more

Ripple Labs created XRP in 2012 as a digital currency intended to transform cross-border financial payments. Originally known as Ripple Credits, XRP runs on its own distributed ledger technology, the XRP Ledger.

Unlike many cryptocurrencies, XRP does not use energy-intensive mining operations. Instead, it uses a unique consensus technique called the Ripple Protocol Consensus Algorithm (RPCA). This method provides for faster transaction confirmations, generally within seconds, far exceeding standard banking systems.

How To Choose the Best Crypto To Invest In?

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Here are some of the factors to consider while choosing the best cryptocurrencies to buy:

  • Market Capitalization: You can check the total value of the circulating supply. Larger caps suggest stability; smaller caps offer growth potential with higher risk. Compare within cryptocurrency categories to gauge market position.
  • Technology: Evaluate blockchain capabilities, transaction speed, scalability, and energy efficiency. Consider real-world problem-solving potential and ongoing development.
  • Adoption and Partnerships: Examine real-world integration and partnerships. Also, assess user community size and developer activity. Higher adoption rates indicate long-term viability.
  • Team Expertise: Research developers’ and advisors’ backgrounds. You can look for relevant experience and successful track records. 
  • Regulatory Compliance: Consider standing with major market regulators. Projects working towards compliance may have better long-term prospects. Be aware of legal issues affecting future growth.
  • Tokenomics: Understand token distribution, inflation rate, and supply mechanics. Also, evaluate initial distribution fairness and long-term supply schedule.
  • Market Sentiment: You can analyze trading volumes across crypto exchanges to assess liquidity and investor interest. Be cautious of high volatility or obscure exchange listings.
  • Use Case and Viability: Evaluate long-term relevance and unique market position. You can check competitiveness against other cryptocurrencies and traditional financial systems.

What is Cryptocurrency?

Cryptocurrency is a digital or virtual currency that uses cryptography for security. It uses blockchain technology to function on decentralized networks. Because of their decentralization, cryptocurrencies are usually neither issued nor managed by a single entity. Rather, they depend on a distributed ledger system that keeps track of every transaction across a computer network. 

Bitcoin, the first and most well-known cryptocurrency, was developed in 2009. Thousands of alternative cryptocurrencies with varying features and capabilities have surfaced since then.

Types of Crypto You Can Buy Today

  1. Blue Chip Cryptocurrencies: These are reputable cryptocurrencies that have gained a lot of traction and substantial market capitalizations. Blue-chip cryptocurrencies like Ethereum (ETH) and Bitcoin (BTC) are excellent examples. They’re frequently seen as more reliable investments. For example, institutional investors accept Bitcoin broadly, and it’s sometimes referred to as “digital gold”.
  2. Altcoins: Altcoins encompass all cryptocurrencies other than Bitcoin. They often offer unique features or improvements over existing cryptocurrencies. Examples include Litecoin (LTC), which aims for faster transaction speeds, and Cardano (ADA), which focuses on sustainability and scalability.
  3. Stablecoins: These cryptocurrencies, which are typically based on fiat money or commodities, are intended to have a constant value. The well-known stablecoins to buy are USD Coin (USDC) and Tether (USDT), 1:1 pegged with the US currency.
  4. Privacy Coins: Privacy coins focus on providing anonymous and untraceable transactions. Monero (XMR) and Zcash (ZEC) are well-known privacy coins to buy that use advanced cryptographic techniques to obscure transaction details. These coins appeal to users who prioritize financial privacy but may face regulatory challenges in some jurisdictions.
  5. Utility Tokens: These tokens serve specific functions within blockchain ecosystems, such as governance or access to services. Basic Attention Token (BAT), used in the Brave browser ecosystem, and Filecoin (FIL), which powers a decentralized storage network, are examples of utility tokens. Tokens in many niches such as gaming, NFT tokens, metaverse, and RWAs come under utility tokens.

How to Buy Crypto and Bitcoin Right Now?

Here is the step-by-step guide on how to invest in cryptocurrencies right now:

  1. Choose an Exchange: Choose a trustworthy crypto trading platform. Selecting Binance, Bybit, MEXC, and Coinbase is what we advise. Register on the preferred website. Give the relevant personal information and, if needed, finish the identity verification process. Turn on two-factor verification. To safeguard your account, use a strong, one-of-a-kind password.
  2. Fund Your Account: Add funds using bank transfer, credit card, or other supported payment methods. Be aware of associated fees.
  3. Place an Order: Select the cryptocurrency you want to buy. Choose between market orders (instant purchase at current price) or limit orders (purchase at a specific price).
  4. Execute the Trade: Confirm your order details and complete the purchase. Your newly acquired crypto will appear in your exchange wallet.
  5. Consider Wallet Options: For enhanced security, transfer your crypto to a personal wallet. Choose between software wallets (on your device) or hardware wallets (physical devices) for long-term storage. Read our best crypto wallets review to decide which one suits your needs.

Conclusion

To sum up, the best cryptocurrency to buy relies on your risk tolerance and investing objectives. While more recent alternatives like Solana, Toncoin, and Tron offer the potential for larger profits, Bitcoin and Ethereum provide stability and long-term development. 

Chainlink and Ripple also have strong use cases and institutional backing. These seven best tokens have the potential for both short-term gains and long-term success as the crypto market continues to expand.

FAQs

What is the best crypto to buy for long-term investors?

Bitcoin (BTC) and Ethereum (ETH) are often considered the best cryptocurrencies for long-term investment due to their established market positions and widespread adoption. However, emerging platforms like Solana (SOL) and Toncoin (TON) may offer growth potential for those willing to accept higher risk.

What is the best new crypto coin to buy?

Newer cryptocurrencies to buy right now are Toncoin (TON), Aptos (APT), Arbitrum (ARB), and Optimism (OP) due to their innovative technologies and growing ecosystems. However, investing in new coins carries higher risk due to their unproven track records.

Which crypto is best to invest in for the short term?

Short-term crypto investments often focus on tokens with high liquidity and trading volume, such as Bitcoin or Ethereum. However, if you need volatile coins to invest, you can buy some new and low-cap projects.

Is buying cryptocurrencies safe for beginners?

Yes, provided the right safety measures are followed, buying cryptocurrency can be risk-free for novices. Particularly in the specialty of meme coins, there are a lot of rug pulls and scam coins. 

Use trustworthy and low-fee crypto exchanges like Binance and MEXC. Crypto enthusiasts should also think about adopting hardware wallets for long-term storage and safeguarding their accounts with MFA and strong passwords to withstand security breaches.

Which crypto coins will be bullish in 2024?

Although it is hard to accurately forecast market moves, cryptocurrencies with solid foundations, expanding user bases, and cutting-edge technology are frequently well-positioned for bullish moves. The market is still dominated by BTC and ETH, but other coins with promise include SOL, TON, and LINK.

The post 7 Best Crypto to Buy and Invest Now in March 2025 appeared first on NFT Evening.

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15 Best Crypto Exchanges in Australia for 2025 https://nftevening.com/best-crypto-exchange-australia/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-exchange-australia Fri, 20 Sep 2024 07:39:27 +0000 https://nftevening.com/?p=140366 With the growing popularity of digital currencies, choosing the best platform to buy crypto in Australia is crucial. The best crypto exchanges in Australia offer various features, from competitive fees

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With the growing popularity of digital currencies, choosing the best platform to buy crypto in Australia is crucial. The best crypto exchanges in Australia offer various features, from competitive fees to strong security measures and a wide range of supported coins.

In this guide, we will help you determine the best crypto exchange in Australia by reviewing them based on trading fees, supported cryptocurrencies, AUSTRAC licensing, and AUD payment methods.

List of Top Crypto Exchanges in Australia

We have reviewed over 30 Australian crypto trading platforms based on features such as fees, security, regulations, supported coins, ease of use, and AUD deposit methods. Here is the list of the 15 best crypto exchanges in Australia:

  1. Swyftx: Overall best crypto exchange Australia
  2. Binance: Best global crypto exchange
  3. CoinSpot: Best due to AUSTRAC registration
  4. OKX: Best for advanced crypto trading tools
  5. Coinbase: Best for high-security standards
  6. Kraken: Best platform for crypto and NFT trading
  7. CoinJar: Best for long-standing reputation
  8. Bybit: Best for leveraged trading in Australia
  9. eToro Australia: Best crypto exchange for social trading features
  10. Independent Reserve: Best for trading with advanced crypto tax reporting
  11. Crypto.com: Best crypto staking platform in Australia
  12. BTC Markets: Best for efficient AUD transactions
  13. Digital Surge: Best for competitive trading fees
  14. Uniswap: Best Australian decentralized exchange
  15. MEXC: Best for zero trading fees

15 Best Crypto Exchanges in Australia – Detailed Reviewed

Here is a detailed overview of top Australian crypto trading platforms:

1. Swyftx

Swyftx

Swyftx has emerged as a leading AU crypto exchange since its launch in 2018. The platform now serves over 700,000 users across Australia and New Zealand. Swyftx offers trading for 400+ cryptocurrencies, including popular coins like Bitcoin, Ethereum, and Dogecoin, as well as a wide range of altcoins.

The exchange boasts competitive fees, with a flat 0.6% trading fee that decreases for high-volume traders. Deposits via AUD bank transfers are free, while third-party payment processing incurs a small fee. Swyftx’s user-friendly interface caters to both beginners and experienced traders, featuring a demo mode for practice trading with virtual funds.

Swyftx prioritizes security, implementing measures like two-factor authentication and biometric login. The platform stores 90% of customer funds in offline cold storage for added protection. Swyftx is registered with AUSTRAC and complies with Australian regulations, providing users with a sense of legitimacy and trust.

The exchange offers additional features like recurring buys for dollar-cost averaging and a mobile app for on-the-go trading. Swyftx’s customer support team is available 24/7 via live chat, with an average response time of under 5 minutes.

SwyftX KYC Requirements

Swyftx users must complete KYC verification to comply with Australian financial regulations. Until you complete KYC 1, your deposits and withdrawals will be restricted. This verification requires you to upload a copy or a photo of your official photo ID, along with a recent selfie.

Pros

  • Wide selection of 400+ cryptocurrencies
  • Advanced features including recurring buys, bundles, and SMSF accounts
  • User-friendly interface with demo mode
  • Registered with AUSTRAC, enhancing trust
  • 24/7 customer support and mobile app for Android and iOS

Cons

  • No leverage trading or futures contracts for advanced traders
  • High withdrawal fees apply for some cryptocurrencies

2. Binance

Binance

Binance is a global cryptocurrency exchange that provides a variety of services for Australians. It supports both spot trading and margin trading. One reason people like Binance is its low trading fees. For spot trading, the fee is just 0.1% per transaction. If you use Binance Coin (BNB) to pay fees, you can get even bigger discounts.

When it comes to payment options, Binance Australia had to stop some services, like bank transfers for deposits and withdrawals in Australian dollars (AUD). But don’t worry! You can still buy and sell crypto using credit or debit cards. Peer-to-peer (P2P) trading is also available, letting you trade directly with other users.

Binance has faced some issues with Australian regulators, including losing its license for derivatives trading. Even with these challenges, Binance is still running its spot trading services for Australian customers.

The platform gives access to over 350 cryptocurrencies, including popular ones like Bitcoin (BTC) and Ethereum (ETH). It also has useful tools for trading, such as different order types and advanced charting features.

Binance KYC Requirements

Binance Australia requires users to complete Know Your Customer (KYC) verification to access its services. Accepted identification documents include an Australian Driver’s Licence, an Australian Passport, or a Foreign Passport with a valid Australian Visa.

The withdrawal limits depend on the level of verification completed. Basic Verification allows users to withdraw up to 5 BTC per day. Intermediate Verification increases the daily withdrawal limit to 500 BTC. For those completing Advanced Verification, the limit goes up to 1,500 BTC per day.

Pros

  • Access to over 350 cryptocurrencies for trading
  • Competitive spot trading fees at 0.1%, with discounts when using Binance Coin (BNB)
  • Advanced trading tools, including charting features and multiple order types
  • High liquidity, ensuring quick and efficient trades
  • Peer-to-peer (P2P) trading and card payments remain available

Cons

  • Suspension of fiat deposits and withdrawals via Australian bank transfers
  • Regulatory challenges, including the cancellation of its derivatives license
  • Limited fiat payment options for AUD transactions
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3. CoinSpot

CoinSpot

CoinSpot, founded in 2013 and headquartered in Melbourne, is possibly the biggest crypto exchange in Australia in terms of user trust and transaction volume. With over 2.5 million users, it supports more than 490 cryptocurrencies, offering the widest variety of digital assets among Australian exchanges.

It is certified by Blockchain Australia and has achieved ISO 27001 certification for information security, ensuring a high level of safety for customer funds and data.

The exchange charges a flat 1% trading fee, which is relatively high compared to some international competitors like Binance but competitive within the Australian market. It offers several deposit methods, including POLi, PayID, and bank transfers, all free of charge. However, card and cash deposits incur fees of 1.88% and 2.5%, respectively.

CoinSpot also provides unique features like crypto staking with flexible options, allowing users to earn returns without locking their assets for extended periods. It offers 23 staking options, with some assets yielding as high as 78% APY. Plus, CoinSpot has an NFT marketplace that supports direct purchases of popular NFTs such as Bored Ape Yacht Club and Cool Cats.

CoinSpot KYC Requirements

CoinSpot requires KYC verification before making any deposits in AUD. To get started, Australian users must provide valid identification (like a driver’s license or passport) to verify their exchange accounts, after which they can access various deposit options like PayID and direct deposits for free.

Pros

  • Over 490 cryptocurrencies available for trading
  • Strong security with ISO 27001 certification and features like 2FA and anti-phishing measures
  • Easy for beginners with various deposit methods
  • 24/7 Australian-based customer support
  • Diverse staking options and an integrated NFT marketplace

Cons

  • A flat 1% fee on trades, which is higher than competitors
  • It lacks advanced trading tools like futures and margin trading

4. OKX

OKX

OKX is a well-known AU crypto exchange that was launched in 2017. It operates globally and offers a broad range of trading options, including spot trading, futures, and decentralized finance (DeFi) products. As a premier partner of English Premier League champions Manchester City FC, McLaren Formula 1, and Olympian Scotty James, OKX is committed to enhancing the fan experience with fresh engagement opportunities.

OKX supports over 350 cryptocurrencies, which makes it a versatile platform for traders. The exchange is recognized for its competitive fee structure, with trading fees starting as low as 0.08% for makers and 0.1% for takers. These trading fees can be further reduced through high trading volumes or holding OKB, the platform’s native token.

The platform uses multiple layers of protection, including multi-factor authentication and cold storage for assets, which helps safeguard customer funds. OKX also publishes regular Proof of Reserves reports to maintain transparency. However, it’s important to note that OKX is not available in the U.S. and Canada due to regulatory restrictions, which limit its accessibility in those regions.

OKX provides a variety of passive income opportunities, including staking, savings accounts, and more complicated products like Shark Fin and Dual Investment. These products let you earn interest on your investments throughout a variety of periods, whether flexible or fixed.

The platform also includes advanced trading tools like copy trading, which allows newbies to emulate the techniques of experienced traders, and trading bots, which automate transactions based on established trading strategies.

OKX KYC Requirements

OKX has mandatory KYC verification for users to access a full range of trading features. For unverified OKX accounts, deposits, trading, and withdrawals are restricted. Level 1 KYC requires identity documents, such as a passport or national ID, allowing withdrawals of up to 200 BTC per day. Level 2 KYC, which includes photo ID verification and a selfie, raises the withdrawal limit to 500 BTC daily.

Pros

  • Low and competitive trading fees
  • No deposit and crypto-to-crypto currency conversion fees
  • Wide range of supported cryptocurrencies
  • Offers advanced tools like copy trading, and trading bots
  • Strong security measures and transparent operations

Cons

  • Not available in the U.S. and Canada
  • Past controversies related to false trading volumes
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5. Coinbase Australia

Coinbase Australia

Coinbase is one of the best crypto trading platforms in Australia, offering a platform for buying, selling, and storing crypto assets. It was founded in 2012 and became the first major cryptocurrency exchange to go public on NASDAQ in 2021 under the ticker COIN.

Coinbase is available in over 100 countries, including Australia, and serves over 103 million verified users with $250+ billion in assets on the platform.

In Australia, Coinbase supports over 240 cryptocurrencies, including popular assets like BTC, ETH, MATIC, and ADA. Coinbase provides features like a user-friendly interface, a mobile app, and educational tools through Coinbase Earn, where users can earn crypto by learning about various digital assets.

Coinbase’s fees are higher compared to other Australian exchanges, with transaction costs ranging from 0.4% to 4.5% depending on the method and volume of trade. The platform supports AUD deposits via PayID, and you can make direct purchases using credit or debit cards with fees of around 3.99% per transaction.

Coinbase KYC Requirements

Coinbase Australia requires users to complete KYC to comply with legal obligations and enhance account security. This process involves providing personal information and valid government-issued identification.

Pros

  • High-security standards, including 98% of assets stored in offline cold storage
  • High liquidity and trading volume
  • Make fast AUD deposits and withdrawals using PayID
  • $20 worth of BTC welcome bonus
  • Coinbase Wallet for DeFi users

Cons

  • Higher transaction and deposit fees compared to other Australian exchanges
  • Users cannot withdraw AUD directly to the bank account
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6. Kraken

Kraken

Kraken is another global cryptocurrency exchange for Australians that has been in business since 2011. It provides services to over 10 million customers in more than 190 nations. It offers spot trading, margin trading with leverage up to 5x, trading futures with more than 100 contracts, and staking services. More than 200 coins are supported on the site.

Kraken operates in Australia as a registered Digital Currency Exchange Provider with AUSTRAC and holds ISO 27001 certification, demonstrating its commitment to high-security standards and regulatory compliance. As a leader in transparency, Kraken also pioneered the Proof of Reserves Audit.

You can enjoy the convenience of free and instant AUD deposits and withdrawals through reliable methods like PayID and Osko bank transfers, making it easy to move funds in and out of the platform.

Kraken offers deep liquidity and competitive spreads across a variety of AUD trading pairs, including popular ones like BTC/AUD, USDT/AUD, and ADA/AUD. If you’re looking for more trading options, you can also convert your AUD to USD, giving you access to a wider selection of global crypto markets.

With Kraken Pro, you start with a low fee of 0.25%, and by increasing your 30-day trading volume, you could even reduce your fees to zero. This low-cost structure is ideal if you’re a frequent trader. For advanced trading, Kraken Pro provides a customizable interface that allows you to engage in spot trading, manage AUD funding, and more—all within one powerful platform.

If you are interested in more private and personalized trading experiences, Kraken’s Over-The-Counter (OTC) trading desk offers tailored services for high-value and institutional transactions. You can trade directly with the desk in AUD through chat or via the OTC portal.

Kraken KYC Requirements

Kraken requires Australian users to complete KYC verification to access its full range of features. This includes different verification levels, such as Intermediate and Pro, which involve identity and address verification for accessing specific deposit and withdrawal limits.

Pros

  • Advanced security features, including 2FA, AUSTRAC registration, and cold storage for most funds
  • NFT marketplace for artists and art collectors
  • Offers margin, futures, and staking, suitable for more experienced traders
  • High trading volume supports large transactions with minimal price impact
  • Supports AUD deposits with instant funding options like PayID

Cons

  • Some features, like leverage trading, may not be available in all regions due to regulatory requirements
  • Does not support new or low-cap altcoins for trading
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7. CoinJar

CoinJar

CoinJar is the longest-running crypto exchange in Australia, founded in 2013. The platform supports over 60 cryptocurrencies. It allows users to start trading with as little as $10 and offers easy-to-use mobile and web interfaces. It also supports multiple currencies, including AUD, EUR, and GBP, for deposits and trading, with funds quickly accessible through bank transfers, PayID, or credit and debit cards.

CoinJar is known for its strong security measures, storing over 90% of its digital assets offline in secure locations and using private key-enabled, multi-sig wallets. Plus, it offers the CoinJar Card, a prepaid Mastercard that enables users to spend their cryptocurrencies like cash, either online or in-store, without monthly fees. The card integrates with Apple Pay and Google Pay.

The exchange also features CoinJar Bundles, which allow you to invest in themed baskets of cryptocurrencies, facilitating portfolio diversification and automated investing through dollar cost averaging.

Despite its many advantages, CoinJar charges a 2% fee on credit card purchases. CoinJar’s strong customer support and its recognition as Blockchain Australia’s 2023 Digital Currency Exchange of the Year further enhance its reputation as a reliable and accessible option for cryptocurrency trading in Australia.

CoinJar KYC Requirements

CoinJar requires KYC verification for Australian users. This includes providing identification documents like a driver’s license or passport. You can withdraw up to $250,000 per day depending on payment methods.

Pros

  • Fast transactions with PayID and bank transfers
  • CoinJar Card offers crypto spending with no monthly fees
  • Fully registered and compliant with AUSTRAC and the Financial Conduct Authority UK
  • Buy Bitcoin and other cryptocurrencies with your SMSF account
  • OTC market for high-volume traders

Cons

  • High trading fees, 1% for buying/selling crypto
  • No advanced trading tools and markets
  • A limited selection of coins

8. Bybit

Bybit

Bybit is Australia’s top derivatives exchange, known for its comprehensive trading capabilities and easy-to-use design. It was founded in 2018 and has developed significantly, with over 40 million registered users worldwide. The platform provides a variety of trading alternatives, including spot trading, derivatives, and futures. Bybit offers over 1200 coins, giving a diverse range of trading pairings.

One of Bybit’s key strengths is its advanced trading tools. The exchange offers leveraged trading up to 100x on various contracts, allowing traders to maximize their potential profits, albeit with higher risks. Bybit’s trading engine is designed to handle up to 100,000 transactions per second, ensuring a smooth trading experience even during high volatility periods. The platform is also known for its 99.99% system functionality uptime.

Furthermore, it has introduced unique solutions such as the Unified Trading Account, which streamlines trading by merging many asset classes into a single account. The platform also has a copy trading tool, which allows inexperienced traders to duplicate the techniques of top-performing traders. Read our full Bybit review for more information.

Bybit KYC Requirements

Bybit requires KYC verification for deposits and trading, but you can withdraw funds without ID verification. Unverified accounts can withdraw up to $20,000 per day. Withdrawal limits vary based on your KYC level; for basic verification, the daily withdrawal limit is USD 4 million or its equivalent in cryptocurrency.

Pros

  • Up to 100x leverage on derivatives trading
  • Multi-signature cold wallet storage and a dedicated insurance fund
  • Handles 100,000 transactions per second, ensuring smooth trades
  • User-friendly mobile app for beginners
  • Crypto trading bots with DCA and grid strategies

Cons

  • Leveraged trading may be limited for Australians due to regulations
  • Limited options for direct AUD fiat deposits
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9. eToro Australia

eToro Australia

eToro is the best cryptocurrency broker in Australia, noted for its extensive asset class offerings and user-friendly layout. Founded in 2007, eToro has grown into a worldwide network that supports more than 30 cryptocurrencies, including Bitcoin, Ethereum, and XRP.

It is a multi-asset platform that allows users to trade equities, ETFs, commodities, as well as cryptocurrency. The platform has built a strong reputation for its novel CopyTrader function, which allows users to mimic successful investors’ transactions, making it a good alternative for newbies.

There is a minimal $10 minimum investment required for cryptocurrency trading, even smaller investors can participate. Plus, stock trading on the site is charged a fixed price of $2.

eToro’s social trading network, which enables users to interact with others, exchange ideas, and track market movements, is one of its most notable features. The app helps novice users practice their trading methods risk-free by providing a $100,000 virtual fund trial account.

Regarding costs, eToro charges a 1% fee on cryptocurrency transactions yet provides competitive spreads for cryptocurrency trading.

For more detailed information, check out our full eToro review.

eToro KYC Requirements

eToro requires KYC for Australian users. You’ll need to provide a valid government-issued ID (like a passport or driver’s license) and proof of address (recent utility bill or bank statement). Withdrawal limits vary based on account type and payment methods.

Pros

  • Low $10 minimum deposit for crypto trades
  • CopyTrader feature for replicating successful trades
  • Regulated by ASIC, providing a secure environment
  • User-friendly interface with a mobile app
  • Demo account with $100,000 virtual funds for practice

Cons

  • Limited numbers of supported digital assets
  • Customer support can be slow at times
  • Higher spreads on some cryptocurrency pairs

10. Independent Reserve

Independent Reserve

Independent Reserve is one of the most trusted cryptocurrency exchanges in Australia, established in 2013 and based in Sydney. It has over 300,000 users across Australia, New Zealand, and Southeast Asia, and supports 30 of the most popular cryptocurrencies. The exchange allows trading with four fiat currencies: Australian Dollar (AUD), New Zealand Dollar (NZD), U.S. Dollar (USD), and Singapore Dollar (SGD).

Independent Reserve offers insurance against large-scale hacks, making it one of the safest options for Australian crypto traders. The exchange is regulated by AUSTRAC, ensuring compliance with Australian financial laws.

Independent Reserve is especially popular among high-net-worth investors and self-managed super fund (SMSF) users. This is due to its over-the-counter (OTC) desk and advanced tax reporting features. These tools help users manage their portfolios and simplify tax obligations.

However, the exchange has a few drawbacks. Its selection of cryptocurrencies is smaller compared to other Australian exchanges like Swyftx, which may not appeal to those seeking to trade lesser-known coins. Additionally, while Independent Reserve offers advanced trading tools, its interface may feel less intuitive for beginners.

Independent Reserve KYC Requirements

Independent Reserve has mandatory KYC for all users. You’ll be required to provide your full name, date of birth, and address along with a government-issued photo ID and proof of address. This information will be cross-referenced with various AML (anti-money laundering) and CTF (counter-terrorism financing) databases to ensure compliance with regulatory standards.

Pros

  • Secure with 2FA, cold storage, and optional insurance
  • Low fees, starting at 0.5%, dropping to 0.02% for large traders
  • Excellent SMSF support and advanced tax reporting tools
  • Instant deposits via Osko/PayID

Cons

  • Limited cryptocurrency options (only 30+ available)
  • The trading interface may be complex for beginners

11. Crypto.com

Crypto.com

Crypto.com is one of the safest crypto exchanges in Australia. Established in 2016, it offers a robust platform for trading over 350 cryptocurrencies. It offers features like staking, lending, and earning interest on crypto assets. Users can also buy and sell NFTs through its marketplace.

Australian users can easily deposit and withdraw Australian dollars (AUD) via bank transfer, credit cards, and PayID, among other methods. The platform provides a competitive edge for users who hold Crypto.com’s native CRO token, offering fee discounts and higher returns on staking—up to 14.5% annually on certain cryptocurrencies.

Crypto.com’s Visa debit card is a key feature that allows you to spend crypto on everyday purchases. Depending on the amount of CRO staked, cardholders can earn up to 5% cashback. Additionally, the app is available on desktop and mobile, providing seamless access to manage assets.

Crypto.com KYC Requirements

To complete KYC (Know Your Customer) verification on Crypto.com, you’ll need to upload a clear picture of your government-issued ID (i.e., passport, driver’s license, ID card) through a secure link. They’ll also request a short video where you show your face from different angles. Once fully verified, you’ll unlock the potential for a daily fiat withdrawal limit of a whopping $1 million.

Pros

  • Transfer AUD via NPP and Apple/Google Pay
  • Registered with AUSTRAC and licensed by ASIC
  • Trusted by over 100 million users worldwide
  • Recurring buys with daily, weekly, or monthly trades
  • Enjoy up to 5% back on all spending with a Crypto.com Visa card

Cons

  • Slow customer support times
  • Higher trading fees for non-CRO holders​
  • Lack of advanced trading tools
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12. BTC Markets

BTC Markets

BTC Markets is another of Australia’s Bitcoin exchanges, founded in 2013. Based in Melbourne, it serves over 325,000 users and has processed more than AUD 24 billion in trades. It’s a platform tailored to both retail and institutional investors, offering a range of services from simple crypto purchases to advanced trading options.

The platform supports 36 different cryptocurrencies, including Bitcoin, Ethereum, XRP, and stablecoins like USDT. For fiat-to-crypto transactions, BTC Markets facilitates Australian Dollar (AUD) deposits and withdrawals through PayID and Osko, ensuring quick and fee-free transactions. It also supports recurring buys, making it easy for long-term investors to automate purchases over time.

It has obtained ISO 27001 certification and is registered with AUSTRAC. Furthermore, a robust 99.99% uptime on the platform guarantees trustworthy trade execution. The platform also caters to large trades through an Over-the-Counter (OTC) trading desk for institutional clients. However, its services may feel limited due to a lack of advanced tools and a relatively smaller selection of cryptocurrencies compared to international exchanges.

BTC Markets KYC Needs

BTC Markets also mandates you to provide personal information for identity verification, which includes your name, address, date of birth, and a valid identification document such as a driver’s license or passport.

Pros

  • Strong security (ISO 27001 certified)
  • Supports AUD transactions and fast deposits
  • Access advanced order types including limit, market, stop limit, and dollar cost averaging
  • Track your total asset holdings, values, and equity over time
  • Credit your wallet with AUD in seconds using Osko PayID, direct deposit, or card

Cons

  • Limited cryptocurrency selection (only 36 assets)
  • No live chat customer support

13. Digital Surge

Digital Surge

Digital Surge is a popular Australian crypto exchange offering access to over 310 cryptocurrencies. The platform is known for its competitive fees, charging a flat rate of 0.5% on trades. There are no fees for AUD deposits made via PayID or bank transfers, which is a significant cost-saving feature.

High-volume traders can reduce fees further. Digital Surge offers fast and free AUD withdrawals, making it efficient for moving funds in and out of the exchange. To improve safety, the platform also employs strong identity verification procedures, is registered with AUSTRAC, and adheres to stringent regulatory compliance.

Its bill payment service, which enables customers to pay Australian bills with Bitcoin, is one of its distinctive features. Moreover, Digital Surge facilitates smooth interaction with tax reporting software, which helps customers handle tax liabilities associated with Bitcoin holdings.

Although the platform is great for novices, experienced margin traders may find it less appealing because it does not have sophisticated features like margin trading. Additionally, it is less helpful for users from other countries because it only accepts AUD for currency transactions.

Digital Surge KYC Requirements

To use Digital Surge, you must be at least 16 years old. Additionally, you need to verify your exchange account by completing the KYC (Know Your Customer) and AML (Anti-Money Laundering) processes. This involves providing certain information and documents that the platform reasonably requests. This includes name, DoB, address proof, and ID proof.

Pros

  • Over 310 cryptocurrencies are available
  • Secure with 2FA and cold storage
  • Bitcoin bill payment option
  • Simple interface, ideal for beginners
  • Secure & instant 24/7 deposits via PayID

Cons

  • Lacks advanced trading features
  • Only supports AUD for fiat transactions
  • No credit card deposit option

14. Uniswap

Uniswap

Uniswap is a decentralized exchange (DEX) in Australia. It runs on the Ethereum blockchain. Using an Automated Market Maker (AMM) system, users can trade ERC-20 tokens without the need for middlemen. This platform performs transactions directly between peers via liquidity pools, removing the requirement for an order book or a central authority.

For Australians, Uniswap provides a decentralized, self-custody alternative to centralized exchanges. You can retain control over your crypto assets rather than third-party accounts. However, one notable disadvantage is Ethereum’s high gas prices, which can make smaller trades costly, particularly during times of network congestion.

All smart contracts and transaction data on Uniswap are verifiable and publicly accessible due to its transparency and open-source nature. Nevertheless, You must have digital currency to start trading because it does not support fiat money.

Uniswap KYC Requirements

Uniswap operates as a decentralized exchange and does not have specific Know Your Customer (KYC) requirements. When Australian users interact with Uniswap, they can trade directly from their crypto wallets without needing to provide personal information like names or addresses. However, if you buy crypto through third-party services integrated into Uniswap, those providers may require KYC to comply with regulatory standards.

Pros

  • Supports thousands of ERC-20 tokens on the Ethereum blockchain
  • No account or identity verification is required
  • Users retain full control of their funds
  • Liquidity providers earn 0.3% from trades
  • No central authority, enhancing security and privacy

Cons

  • Ethereum transaction costs can be high
  • Only crypto-to-crypto trades are allowed
  • Smaller pools can lead to price slippage during trading

15. MEXC

MEXC

MEXC is the cheapest crypto exchange in Australia. One of its standout features is the no-KYC crypto trading, allowing users to withdraw up to 10 BTC daily without completing identity verification. This makes it an appealing choice for privacy-conscious traders. Additionally, MEXC is also a zero-fee crypto exchange. It charges zero fees for maker trades on its spot market, which helps users save on trading costs.

The platform supports more than 2,800 cryptocurrencies, including lesser-known tokens not available on most exchanges. Its comprehensive selection caters to users looking to diversify their portfolios with niche assets. MEXC also offers a variety of advanced trading tools, such as copy trading and futures trading, with leverage options up to 200x for futures.

With its customizable TradingView charts, easy-to-use user interface, and instructional features like demo trading, the platform caters to traders of all skill levels. It provides additional features including trailing stop orders and API integration for experienced traders.

MEXC KYC Requirements

MEXC does not need you to complete KYC (Know Your Customer) verification to trade or withdraw money. If your account is unverified, you can withdraw up to 10 BTC each day. If you finish the KYC steps, you can withdraw more: 80 BTC per day with primary KYC and up to 200 BTC daily with advanced KYC.

Pros

  • Withdraw up to 10 BTC daily without verification
  • Zero maker fees on spot trading
  • Wide selection of coins, over 2,800 cryptocurrencies
  • High leverage with up to 200x on futures
  • Robust security like Multi-factor authentication and cold storage

Cons

  • Does not support AUD deposits and withdrawals
  • It is a highly unregulated crypto trading platform
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How to Choose the Best Crypto Exchange in Australia?

When deciding on the finest crypto exchange in Australia, numerous criteria must be examined. Each component has a direct impact on the experience of trading crypto assets, from simplicity of use to security and cost.

Here’s a full breakdown of the major aspects to consider when choosing an Australian crypto exchange.

1. Security and Regulatory Compliance

Top AU crypto exchanges implement multi-layered security protocols, including advanced encryption techniques, regular penetration testing, and cold storage solutions that keep up to 95% of user assets offline. Two-factor authentication (2FA) is now standard, with some exchanges offering biometric verification for added security.

AUSTRAC registration is crucial, ensuring exchanges adhere to Australia’s strict anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. 

Leading exchanges also conduct regular third-party audits, providing transparency about their security measures and financial health. Some have even established bug bounty programs, offering rewards of up to $100,000 for identifying critical vulnerabilities.

2. Trading Fees

The next consideration is fees. All crypto exchanges in Australia charge fees for trading, depositing, and withdrawing funds. The fee structure varies from one exchange to another. In some cases, there are flat fees for each transaction, while others may use a percentage-based system.

On average, trading fees in Australia range between 0.1% and 1%. For instance, if you trade $1,000 worth of Bitcoin, a 0.5% fee would cost $5. While these fees may seem small, they can accumulate over time, especially for frequent traders.

However, it’s important to look beyond just trading fees. Deposit fees for bank transfers are often free, but credit card deposits can incur charges of 2-4%. Withdrawal fees vary by cryptocurrency, with Bitcoin withdrawals typically costing around 0.0005 BTC.

Some Australian exchanges have introduced fee-free trading periods for new users or during promotional events. Additionally, be aware of spread fees on instant buy/sell features, which can be as high as 5% on some platforms.

3. Liquidity and Trading Volume

Liquidity is the lifeblood of efficient trading, directly impacting the speed and cost of transactions. Australian trading exchanges have seen significant growth in trading volumes, with top platforms handling anywhere from $500 million to over $5 billion in daily trades.

Higher liquidity typically translates to tighter bid-ask spreads, reducing slippage and ensuring better price execution. Some exchanges provide liquidity data for each trading pair, allowing traders to assess market depth.

During peak trading times, usually between 10 AM and 2 PM AEST, liquidity tends to be at its highest. Exchanges with global operations often provide better liquidity due to their larger user base, but ensure they still cater specifically to the Australian market with AUD trading pairs.

4. Supported Cryptocurrencies

While Bitcoin and Ethereum continue to dominate trade volume on most exchanges, demand for altcoins is increasing. Top exchanges currently list cryptocurrencies ranging from 50 to over 400, including developing DeFi tokens, NFT-related coins, and blockchain gaming assets.

Some platforms have included “launchpad” capabilities, which let you participate in initial coin offerings (ICOs) and token sales for new projects. The option to stake a variety of proof-of-stake coins directly on the exchange is growing more popular, with some giving yearly APR of up to 20% on specific assets.

5. User Experience and Interface

Leading AU crypto exchanges have invested heavily in intuitive designs, with features including customizable dashboards, real-time charting tools, and one-click trading.

Mobile apps have become increasingly sophisticated, with some boasting over 500,000 downloads and ratings above 4.5 stars on app stores. These apps often include features like price alerts, portfolio tracking, and even biometric login for enhanced security.

Some exchanges have introduced “lite” versions of their platforms, catering to beginners with simplified interfaces while still offering advanced trading views for experienced users. The ability to customize the trading interface, including dark mode options and widget arrangements, is becoming a standard feature on top Australian platforms.

6. AUD Payment Methods

While bank transfers remain the most cost-effective method, with processing times typically between 1-3 business days, instant options are gaining popularity.

PayID and NPP (New Payments Platform) transfers offer near-instant AUD deposits at most major exchanges. Credit and debit card payments, while convenient, often incur fees of 2-4%.

Some exchanges have partnered with specific Australian banks to offer reduced fees or instant transfers. POLi payments are supported by several Australian platforms, providing a quick deposit option without credit card fees.

A few forward-thinking exchanges have even begun exploring integration with emerging payment technologies like Open Banking, potentially offering more seamless and secure fund transfers in the future.

7. Customer Support

Reliable customer service may make or break the user experience. Top Australian crypto exchanges now provide 24/7 service via several channels. Some have deployed AI-powered chatbots capable of answering common questions promptly.

Response times vary, but top exchanges strive to answer simple questions in minutes and handle most difficulties within 24 hours. Some platforms now provide VIP service for high-volume traders, including specialized account managers and priority resolution.

Community-driven help via forums and knowledge bases is also becoming more widespread, with some exchanges featuring libraries of over 500 articles and video courses.

8. Trading Features and Tools

Many Australian exchanges now accept advanced order types like OCO (One-Cancels-the-Other) and trailing stops, in addition to the normal market, limit, and stop-loss orders.

Most major platforms provide standard API access for algorithmic trading, and some even include simple tools for building bots to automate trading processes. You can also check features such as staking, leverage trading, options trading, and the NFT market.

9. Reputation

Finally, it’s critical to assess the exchange’s general repute. This can be accomplished by looking through ratings, reading user reviews, and finding out if the platform has ever been a part of any hacks or scandals.

It’s more probable that a reputable exchange with excellent feedback from other Australian consumers would offer a safe and dependable service. For example, Swyftx and CoinSpot have a solid reputation as reliable platforms. Seek out exchanges that have a track record of success, since this is a reliable sign.

Comparing the Best Australian Crypto Exchanges

Exchange Trading Fees Supported Coins AUSTRAC Licensed Payment Methods
Swyftx Flat 0.6% (decreases for high volume) 400+ Yes Bank, PayID, Credit/Debit Cards
Binance 0.1% maker/taker 350+ Yes Bank Cards and P2P Marketplace
CoinSpot Flat 1% 490+ Yes POLi, PayID, Bank Transfers, Credit/Debit Cards
OKX From 0.08% (makers) to 0.1% (takers) 350+ Yes Bank, PayID, Credit/Debit Cards
Coinbase 0.4% – 4.5% 240+ Yes PayID, Credit/Debit Cards
Kraken From 0.4% (takers) to 0.25% (makers) 200+ Yes PayID, Osko, Bank Transfers
CoinJar 1% for trades, 2% for credit card purchases 60+ Yes Bank Transfers, PayID, Credit/Debit Cards
Bybit 0.1% maker/taker 1200+ No Third-party payments only
eToro Australia 1% 30+ Yes Bank Account, Credit/Debit Cards
Independent Reserve From 0.5% to 0.02% (high volume) 30+ Yes Osko, PayID, Bank Transfers
Crypto.com 0.15% maker and 0.3% taker 350+ Yes Bank, PayID, Credit/Debit Cards
BTC Markets Flat 0.1% 36 Yes PayID, Osko, Bank Transfers
Digital Surge Flat 0.5% 310+ Yes PayID, Bank Transfers
Uniswap Gas fees (variable) Thousands (ERC-20) No
MEXC 0% 2800+ No Not supported

What is a Crypto Exchange?

A cryptocurrency exchange is an online marketplace where crypto tokens and products can be purchased, sold, and traded. By serving as middlemen between buyers and sellers, these platforms let users convert fiat money, such as Australian dollars (AUD), into digital assets, such as BTC, ETH, and countless other cryptocurrencies.

Approximately 17.7% of the population in Australia, or over 4.6 individuals, possess cryptocurrencies, with Bitcoin being the most widely used. Cryptocurrency exchanges are essential to these transactions because they give Australians an easy-to-use interface to dive into the realm of digital assets.

Types of Australian Crypto Exchange

  1. Centralized Exchanges (CEX): These are the most common type of crypto exchange. They are run by companies that manage the transactions and hold users’ assets. CEXs are popular because of their ease of use, security features, and liquidity. Examples include OKX Australia, CoinSpot, and Swyftx.
  2. Decentralized Exchanges (DEX): DEXs allow peer-to-peer trading without the need for a central authority. Transactions are conducted directly between users, and the platform does not control funds. This type of exchange offers more privacy but less customer support. The best decentralized crypto exchanges include Uniswap and PancakeSwap.
  3. Brokerage Exchanges: These platforms allow users to buy cryptocurrencies directly from the exchange at a fixed price. Brokerages are ideal for beginners due to their simplicity, though they often charge higher fees. Examples include eToro Australia.
  4. Peer-to-peer (P2P) Exchanges: P2P exchanges in Australia let users transact with each other directly and without the need for middlemen. Unlike traditional exchanges, these platforms – like Paxful and LocalBitcoins – allow buyers and sellers to bargain over pricing and payment options. To guarantee safe transfers, P2P exchanges usually use escrow services, which store bitcoin until both parties fulfill their end of the bargain. They are well-liked because they provide anonymity and a range of payment options, like as cash and bank transfers, for trading.

How to Buy Cryptocurrency in Australia: Step-by-Step Guide

Buying cryptocurrency in Australia is a straightforward process. Here’s a step-by-step guide:

  1. Choose a Crypto Exchange: Select an Australian crypto exchange that suits your needs. For beginners, platforms like CoinSpot and Swyftx are popular due to their user-friendly interfaces. If you prefer advanced trading features, OKX Australia is a great choice.
  2. Create an Exchange Account: To register on the exchange, enter your email address, password, and identification. In Australia, the majority of exchanges need to Know Your Customer (KYC) verification, which entails submitting identity-verifying papers such as a passport or driver’s license.
  3. Deposit Money: Put money into your exchange wallet as soon as your account has been validated. The majority of crypto exchanges Australia let users deposit AUD by PayID, credit card, or bank transfer. Some also take POLi and PayPal payments.
  4. Pick a Cryptocurrency: Look over the list of cryptocurrencies that are available and decide which one you wish to buy. Notable options include Ripple, Ethereum, and Bitcoin.
  5. Buy Crypto: To purchase cryptocurrencies, enter the desired amount and complete the transaction. You have the option to purchase a certain amount of cryptocurrencies or a predetermined amount of AUD. After the trade is completed, your cryptocurrency will show up in your exchange wallet.
  6. Transfer to a Secure Wallet (Optional): To increase security, consider transferring your BTC to a personal hardware wallet. This reduces the danger of losing assets if the exchange is hacked. You can use wallets like Ledger and Trezor.

Are Crypto Exchanges Legal in Australia?

Yes, crypto exchanges are legal in Australia. The government has adopted a progressive approach to cryptocurrency regulation, attempting to strike a balance between innovation and consumer safety. Since 2018, cryptocurrency exchanges in Australia have been required to register with AUSTRAC (Australian Transaction Reports and Analysis Centre) and follow AML/CTF legislation.

Exchanges that provide certain cryptocurrency-related financial products, such as crypto derivatives, are required by the Australian Securities and Investments Commission (ASIC) to possess an Australian Financial Services (AFS) license. To improve consumer safety, the Australian government said in 2022 that it would be implementing a regulatory structure for cryptocurrency exchanges in the upcoming years.

While crypto exchanges are legal, it’s important to note that not all cryptocurrencies or crypto-related activities are permitted. For example, initial coin offerings (ICOs) are subject to strict regulations, and some privacy coins have been delisted from Australian exchanges due to regulatory concerns.

How is Cryptocurrency Taxed in Australia?

The Australian Taxation Office (ATO) views cryptocurrency as an asset that is liable to capital gains tax (CGT). This implies that any profit or loss will be subject to capital gains or losses taxation.

This is how it operates:

  • Buying and Holding: When you buy a cryptocurrency and hold it as an investment, you don’t need to pay taxes until you sell or trade it.
  • Selling or Trading: When you sell or trade cryptocurrency for fiat currency (like AUD) or another cryptocurrency, you are required to calculate your capital gain or loss. If you hold the asset for more than 12 months before selling, you may be eligible for a 50% CGT discount.
  • Let’s say, if you bought 1 Bitcoin for $30,000 and sold it for $50,000, your capital gain is $20,000. If you held it for more than 12 months, you only need to report $10,000 (50% of the gain) in your taxable income.
  • Using Cryptocurrency for Purchases: According to the ATO, using cryptocurrency to pay for products or services is equivalent to selling the asset.
  • Airdrops and Staking Rewards: Any cryptocurrency that you get through staking rewards or airdrops is treated as regular income and is to be reported at the current fair market value. Your tax burden will be determined by your income tax rate.
  • Cryptocurrency as a Business: If you trade cryptocurrencies as a business (e.g., day trading), any profits will be taxed as business income rather than capital gains. In this case, you can also claim deductions for any expenses related to your trading activities.
  • Record-Keeping: You must maintain thorough records of every transaction that you make, according to the ATO. This contains details on the date of the transaction, the kind of cryptocurrency, the amount, the value in Australian dollars, and the transaction’s intended use. Penalties may result from inaccurately reporting your profits.

You can track and compute your Bitcoin taxes with the use of programs like Koinly and ClearTax.

Conclusion

When exploring the best crypto exchanges in Australia, platforms like Swyftx, CoinSpot, OKX, and others stand out for their robust security measures, Australian financial services license, and competitive fee structures.

These exchanges cater to a variety of trading needs, from casual to advanced, with support for diverse AUD payment methods and comprehensive trading tools. Choosing the right exchange depends on your specific requirements, but focusing on those with high security and regulatory compliance is crucial for a safe and efficient trading experience.

FAQs

Is Binance available in Australia?

Binance is available in Australia, but its services are significantly restricted. While Australian users can access basic spot trading for cryptocurrencies, other advanced trading features like futures, options, and leveraged tokens have been discontinued. This follows increased scrutiny by Australian regulators, leading to the cancellation of Binance Australia’s derivatives license.

As a result, only institutional or wholesale investors may have access to more advanced trading products, but most retail users are barred from derivatives trading.

Are Australian Bitcoin exchanges safe?

Bitcoin exchanges in Australia operate under strict government scrutiny, which enhances their safety. Regulatory bodies mandate that these platforms register with AUSTRAC and follow stringent anti-money laundering protocols.

Many exchanges employ robust security measures, such as offline storage and multi-factor authentication. When selecting an exchange, it’s wise to consider those with an established presence in Australia and a proven track record.

Although exchanges strive to safeguard users’ funds, it’s generally advisable to transfer substantial cryptocurrency holdings to a personal cold wallet for extended storage.

What are the best crypto apps in Australia?

Swyftx and OKX are indeed among the top crypto apps in Australia, each offering unique features. Swyftx is known for its user-friendly interface, competitive fees, and wide range of supported cryptocurrencies. It also provides a demo mode for beginners to practice trading without risk.

OKX, on the other hand, offers a more advanced trading platform with features like futures and margin trading. Both apps provide robust security measures and are compliant with Australian regulations.

Swyftx might be more suitable for beginners and those focused on the Australian market, while OKX could appeal to more experienced traders looking for advanced features.

What is the best crypto exchange for beginners in Australia?

For beginners in Australia, both Swyftx and CoinSpot are excellent crypto exchanges. Swyftx offers a user-friendly interface, competitive fees, and a demo mode for practice trading. It also provides educational resources. CoinSpot is known for its simplicity and wide range of supported cryptocurrencies. It offers instant buy/sell features and a straightforward fee structure.

Swyftx might edge out those looking for lower fees and more advanced features as they grow, while CoinSpot could be preferable for those prioritizing simplicity and a wider selection of cryptocurrencies.

Can I trade AUD directly on Australian exchanges?

Yes, you can trade Australian Dollars (AUD) directly on Australian cryptocurrency exchanges. Most reputable crypto exchanges in Australia offer BTC/AUD, ETH/AUD, and more trading pairs.

Exchanges like Swyftx, CoinSpot, and others provide various methods to deposit AUD, including bank transfers, POLi payments, and sometimes credit/debit cards. Trading with AUD also simplifies tax reporting, as there’s no need to calculate gains or losses from currency exchange.

What are the AUSTRAC-licensed crypto exchanges?

All digital currency exchange companies operating in Australia are required by AUSTRAC (Australian Transaction Reports and Analysis Centre) to register and comply with AML/CTF regulations.

Most major Australian crypto exchanges, including Swyftx, CoinSpot, and Independent Reserve, are AUSTRAC-registered. You can examine the status of an exchange’s licensing on the AUSTRAC website.

How do I deposit AUD into a crypto exchange?

The methods for depositing AUD into a crypto exchange can vary between platforms, but common options include:

  • Bank Transfer: Often the most cost-effective method, though it may take 1-2 business days.
  • PayID: Offers near-instant transfers for supported banks.
  • BPAY: Available on some exchanges, usually takes 1-3 business days.
  • Credit/Debit Card: Offers instant deposits but often comes with higher fees.
  • Cash Deposits: Some exchanges allow cash deposits at specific locations.

Check your chosen exchange’s deposit options and associated fees before making a transaction.

What are the fees for trading cryptocurrency in Australia?

The fees for trading cryptocurrencies in Australia vary according to the exchange and the kind of transaction. In general, you pay deposit, trading, and withdrawal fees.

Bank transfers often have little or no deposit fees, however, credit card deposits may have higher costs. Trading costs generally vary between 0.1% and 1% per transaction. There is also a withdrawal fee and spreads.

Is cryptocurrency trading legal in Australia?

Yes, cryptocurrency trading is legal in Australia. The government has taken a progressive approach to regulating the crypto industry, aiming to foster innovation while protecting consumers and maintaining financial system integrity.

However, crypto exchanges and certain crypto-related services must comply with regulatory requirements, including registration with AUSTRAC and adherence to AML/CTF regulations.

Are there any Australian crypto platforms with no fees?

MEXC is the best no-fee crypto exchange in Australia. It charges 0% maker fees for spot trading. It also has very low (0.01%-0.1%) taker fees. The exchange is highly reliable with no-KYC trading and multiple advanced crypto trading features.

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9 Best Crypto Exchanges & Apps in India for 2025 https://nftevening.com/best-crypto-exchange-in-india/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-exchange-in-india Tue, 17 Sep 2024 05:15:17 +0000 https://nftevening.com/?p=140285 The best crypto exchange in India for 2025 is a hot topic among investors and traders alike. With the ever-growing interest in cryptocurrencies, finding a reliable and secure platform is

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The best crypto exchange in India for 2025 is a hot topic among investors and traders alike. With the ever-growing interest in cryptocurrencies, finding a reliable and secure platform is more important than ever.

In this article, we’ll check out the top exchanges in India, evaluating key factors such as fees, security, user experience, and regulatory compliance. Whether you’re a seasoned trader or just starting your crypto investment journey, we’ll guide you in choosing the best trading platform in India for your needs. Read on to learn about our top picks for crypto exchanges in India.

Top List of Indian Crypto Exchanges for 2025

We have reviewed several of the largest crypto exchanges based on their fees, features, security, and more. Here is our final list of 9 best crypto apps in India:

  1. CoinDCX: Best crypto exchange for low fees
  2. ZebPay: Most secure trading platform
  3. WazirX: Best cryptocurrency exchange for beginners
  4. Bitbns: Best for diversified investment options
  5. CoinSwitch: Best exchange for INR deposits
  6. Mudrex: Best futures trading platform
  7. Unocoin: Best exchange to Bitcoin
  8. BuyUcoin: Best for high volume OTC trading
  9. Giottus: Best for crypto theme investing

9 Best Crypto Exchanges in India – Detailed Review

Here are the best cryptocurrency exchanges in India for 2025, their unique features, benefits, and what makes them stand out in a crowded market:

1. CoinDCX: Best For Low Fees

CoinDCX - For Low Fees

For investors who are conscious of trading fees, CoinDCX stands out as one of the best options due to its low fees. The platform charges minimal fees and does not have any deposit fees. This structure is particularly great for frequent traders, as it lowers the cost of each transaction. CoinDCX offers various promotions and bonuses that can also help further reduce trading costs, which is perfect for budget-conscious investors.

CoinDCX uses advanced security measures, including multi-signature wallets and full insurance coverage for user funds. This insurance acts as an additional safety net for users, ensuring that their funds are protected in the unlikely event of a security breach.

CoinDCX also offers extensive educational resources for its users. The platform includes a learning module known as DCX Learn, which provides in-depth guides and tutorials on cryptocurrency trading, blockchain technology, and market analysis.

CoinDCX charges a 0.1% fee for both makers and takers in spot trading. The exchange is available across India and supports a variety of payment methods, including UPI, NEFT, and IMPS.

Pros

  • Extensive range of supported cryptocurrencies
  • Advanced trading features
  • Strong focus on user education
  • Competitive trading fee

Cons

  • User interface can be overwhelming for beginners
  • Occasional liquidity issues for less popular coins

2. ZebPay: Best For Security-Conscious Investors

ZebPay - For Security-Conscious Investors

For investors who prioritize security, ZebPay is a top choice. Established in 2014, ZebPay is one of the oldest and most trusted trading platform in India. ZebPay takes security very seriously, using robust security protocols, including 2FA and encryption, to protect user data and funds. The platform’s long-standing reputation for reliability and security makes it a preference for those who want to ensure their investments are safe.

ZebPay also has advanced features like recurring buys, which help users automate their investments and support over 200 cryptocurrencies. The platform has a strong customer support team that is available to help users with any issues they might come across, ensuring a smooth trading experience.

The platform has a user-friendly interface, and offers low fees, which helps users maximize their profits. ZebPay charges a 0.15% maker fee and a 0.25% taker fee for spot trading. The exchange also has a subscription-based model where users can opt for a flat monthly fee to enjoy zero trading fees. ZebPay is available across India, making it accessible to a wide range of users.

Pros

  • High-security measures, including cold storage
  • High ease of use
  • Subscription model for zero trading fees
  • Wide range of supported cryptocurrencies

Cons

  • Limited advanced trading features
  • Higher fees for non-subscription users

3. WazirX: Best For Beginners

WazirX - For Beginners

WazirX is one of the most popular cryptocurrency exchanges in India, and for good reason. Launched in 2017, it has quickly become the go-to platform for beginners entering the crypto market because of its intuitive interface and easy-to-understand features. The platform has a straightforward registration process and guides users through the setup with ease.

WazirX provides a demo trading account, which lets new users practice trading with virtual money. This feature helps beginners learn how to trade without risking real funds, which is a great way to gain experience and build confidence. WazirX also offers various trading options, including spot and futures trading, margin trading, and staking, providing users with multiple ways to grow their investments.

WazirX supports an extensive range of cryptocurrencies, including Bitcoin, Ethereum, Ripple, and many altcoins. This enables users trade a variety of digital assets easily. WazirX also offers a comprehensive FAQ section and customer support to help new users navigate the platform and understand the basics of trading.

WazirX is famous for its competitive fees, which are among the lowest in the Indian market. It charges a flat fee of 0.2% per trade, which is quite reasonable compared to other exchanges. The platform is available across India and supports multiple payment methods, including UPI, NEFT, and IMPS.

Pros

  • User-friendly platform ideal for beginners
  • Wide variety of supported cryptocurrencies
  • P2P trading feature for seamless transactions
  • Strong community and educational resources

Cons

  • Higher trading fees compared to some other platforms
  • Occasional delays in withdrawals

4. Bitbns: Best For Diverse Portfolios

Bitbns - For Diverse Portfolios

Bitbns is another top choice for Indian crypto traders, especially those who value innovation and many trading options like spot and futures trading. The platform supports 300+ cryptocurrencies, including many altcoins not available on other cryptocurrency exchanges. Bitbns also offers several unique features, including crypto lending and staking, which lets users earn interest on their crypto holdings. This is a great way for investors to generate passive income from their digital assets.

The platform has a user-friendly interface, making it accessible for traders of all experience levels. For more advanced traders, Bitbns offers tools like limit orders and stop-loss orders, which can help manage risk and improve trading strategies.

Security on Bitbns is robust, with multiple layers of protection, including 2FA and the use of cold storage for most user funds. The platform also undergoes regular security audits to ensure it remains secure and trustworthy for its users.

Bitbns charges 0.2% in crypto exchange fees, is available across India, and supports multiple payment methods, including UPI, NEFT, and IMPS.

Pros

  • Wide range of supported cryptocurrencies
  • SIP feature for disciplined investments
  • User-friendly interface
  • Constantly innovating with new features

Cons

  • Higher fees for certain advanced features
  • Limited customer support options

5. CoinSwitch: Best for INR deposits

CoinSwitch - Best for INR deposits

CoinSwitch is a popular crypto exchange, making it super easy for both beginners and experienced traders to jump into the world of cryptocurrency. With a user base of over 2 crore, it’s clear that many trust the platform for their crypto needs. The CoinSwitch crypto app features a simple user interface, robust security measures, and accessibility in multiple languages, catering to India’s diverse and young investor demographic. One of the key features is its support for over 200 cryptocurrencies, so whether you’re into Bitcoin, Ethereum, or more niche coins like Dogecoin and Solana, you’ve got plenty of options.

Getting started on CoinSwitch is a breeze. The onboarding process, which includes identity verification (KYC), takes just a few minutes. You can start trading with as little as ₹100, which is roughly £1 — perfect if you’re dipping your toes in for the first time. The mobile app is available on Android and iOS, allowing you to buy, sell, and track crypto prices with ease. The app also sends price alerts to keep you updated on market movements, which is helpful if you’re not glued to the screen.

On the security front, CoinSwitch is solid. It’s registered with India’s Financial Intelligence Unit (FIU) and complies with KYC and anti-money laundering rules. Plus, it’s ISO/IEC 27001:2022 certified, meaning it follows global standards for information security. They also store your assets with SOC 2 Type II certified custodians, so your funds are in safe hands.

Pros

  • Supports over 200 cryptocurrencies
  • Easy onboarding with quick KYC
  • Low trading barrier (start with ₹100)
  • Strong security and compliance with Indian laws

Cons

  • Lacks advanced trading tools for experienced traders
  • Very new and low-cap altcoins are not supported

6. Mudrex: Best for futures trading

Mudrex: Best for futures trading

Mudrex is quickly becoming a popular choice for crypto traders in India. It started in 2018 and has grown fast, now with over 2 million users and $25 million in assets under management. The platform is designed to be easy to use, especially for those new to crypto. Based out of Bengaluru, it has backing from major investors like Y Combinator and Nexus Venture Partners.

The standout feature of Mudrex is its “Coin Sets”. These are baskets of multiple cryptocurrencies that help spread out risk, making it easier for you to invest without needing deep technical knowledge. Mudrex supports over 650 cryptocurrencies, including Bitcoin, Ethereum, and more. The exchange also offers futures trading with 100x leverage.

For Indian users, Mudrex offers zero fees on INR deposits, which is great for getting started. However, you will need to pay 1% when withdrawing INR, along with the usual taxes. If you’re trading or withdrawing crypto, a 2% fee applies. Buying and selling crypto on the platform comes with a reasonable 0.25% fee. Importantly, Mudrex is fully compliant with India’s KYC regulations, ensuring that all transactions are safe and secure.

Pros

  • Supports over 650 cryptocurrencies.
  • Invest systematically in crypto themes like NFTs, DeFi, and more
  • Free deposits in INR
  • Easy-to-use interface for beginners
  • Registered with FIU-India and fully compliant with Indian and European standard

Cons

  • A 2% fee on cryptocurrency withdrawals is higher
  • 1% fee for redeeming Coin Sets within one month

7. Unocoin: Best for buying Bitcoin

Unocoin: Best for buying Bitcoin

Unocoin, launched in 2013, has established itself as one of the top crypto exchanges in India. It offers a straightforward way for you to buy, sell, and trade a range of digital currencies like Bitcoin, Ethereum, Litecoin, and Ripple. The platform is designed to make buying crypto easy for Indian users, with over 2 million people already using it.

It offers a unique Systematic Buying Plan (SBP) feature. This lets you invest in Bitcoin or Ethereum bit by bit, which is great if you want to ease into the market rather than make a big one-time purchase. Plus, if you’re looking to trade in bulk, their Over-the-Counter (OTC) option has you covered. Unocoin also has a mobile app, so you can trade cryptocurrencies anytime, anywhere. For quick transactions, they offer seamless INR deposits and withdrawals.

Security-wise, UnoCoin doesn’t cut corners. They use two-factor authentication (2FA) and multi-signature wallets to keep your assets safe. Businesses can even use UnoCoin’s services to accept Bitcoin payments, which is a nice touch for those looking to expand into digital payments.

Pros

  • A wide variety of cryptocurrencies to choose from
  • Easy-to-use interface, especially with its mobile app
  • Earn passive income with crypto staking
  • Systematic Buying Plan for steady investments

Cons

  • Customer support can sometimes be slow to respond
  • Liquidity and trading volume is low compared to other exchanges

8. BuyUcoin: Best for high volume OTC trading

BuyUcoin: Best for high volume OTC trading

BuyUcoin is one of the top cryptocurrency exchanges in India, founded in 2016. It has gained a solid user base of over 350,000 people. If you’re looking to trade in cryptocurrencies like Bitcoin, Ethereum, or Litecoin, BuyUcoin offers a range of options with the added convenience of using INR (Indian Rupees). The platform supports several payment methods, such as UPI, bank transfers, and debit/credit cards, making it easy for Indian traders to get started.

It uses two-factor authentication (2FA) and SSL encryption to protect your account and personal information. Most funds are stored in cold storage, which means they’re kept offline for extra safety. You can also use BuyUcoin’s wallet service to store your crypto securely. The exchange offers some of the lowest fees in the market, charging just 0.24% per trade and no fees on INR deposits.

If you plan to make large trades, EZ OTC allows you to do this privately without impacting the public market. BuyUcoin is also looking to add more advanced tools, like algorithmic trading, to help experienced traders.

Pros

  • SIP with invest daily, weekly, monthly, and quarterly basis
  • OTC desk or derivatives platform for experienced traders
  • Crypto scratch cards to get your first Bitcoin absolutely free on signup
  • INR deposits are free, and trading fees are competitive

Cons

  • Limited advanced tools for expert traders
  • Only supports 130 coins and tokens for trading

9. Giottus: Best for crypto theme investing

Giottus: Best for crypto theme investing

Giottus is a growing cryptocurrency exchange in India. Launched in 2017 by two IIM Calcutta alumni, it has quickly gained popularity for its user-friendly interface and focus on security. What makes it especially unique for Indian users is its multilingual platform, supporting languages like Hindi, Tamil, Telugu, and Bengali. This regional language support is a big win for Indian users, making it accessible to a wide audience across the country.

Giottus offers trading in over 100 cryptocurrencies, including well-known ones like Bitcoin, Ethereum, and a variety of altcoins. It stands out with its features like crypto fixed deposits and staking, which allow users to earn passive income. Additionally, if you’re looking to invest over time, they offer systematic investment plans (SIPs) that allow you to invest in crypto the same way you would with mutual funds.

From a technical perspective, Giottus has developed a robust platform that can handle thousands of transactions per second. The exchange also partners with global leaders like BitGo for security, meaning your funds and data are protected to international standards.

Pros

  • Available in multiple Indian languages
  • Secure and reliable with global security partners
  • 24/7 customer support available via chat and call
  • Low trading fee

Cons

  • Fewer advanced trading options than some international platforms
  • A limited number of trading pairs compared to larger global exchanges

Comparison of Best Indian Crypto Exchanges 

Exchange Supported Coins Fees Security Features
CoinDCX 50+ 0.15% maker, 0.25% taker High security with 2FA, encryption, and cold storage
ZebPay 200+ 0.2% per trade Moderate security with 2FA, strong community support
WazirX 100+ 0.1% per trade Advanced security with multi-signature wallets and insurance coverage
Bitbns 300+ 0.2% per trade Robust security with 2FA and cold storage
CoinSwitch 200+ 0.49% FIU registered, 2FA, and cold wallet storage
Mudrex 650+ 0.25% Registered with FIU-India and fully compliant by European standards
Unocoin 50+ 0.5% 2FA and cold storage
BuyUcoin 130+ 0.24% MFA and FIU compliant
Giottus 100+ Up to 0.3% Withdrawal address book, 2FA, and BitGO cold storage

Types of Indian Crypto Exchanges

In India, you’ve got a few different types of crypto exchanges to choose from. The main ones are Centralized Exchanges (CEXs), Decentralized Exchanges (DEXs), and Peer-to-Peer (P2P) Exchanges.

  1. Centralized Exchanges (CEXs): These are the most common. They’re run by companies that act as middlemen between buyers and sellers, making it super easy to trade cryptocurrencies. If you’re using platforms like CoinSwitch, CoinDCX, or ZebPay, you’ll need to sign up, verify your identity with KYC, and deposit funds to get started. The good thing? CEXs handle everything – they even keep your private keys safe. But that’s also the risky part, as your funds are held by the exchange, which could be a target for hackers.
  2. Decentralized Exchanges (DEXs): If you’re in full control over your funds and privacy, DEXs might be your thing. These platforms, like Uniswap or Sushiswap, let you trade directly with other users without needing an intermediary. DEXs run on smart contracts, so no middleman is required. The downside? They’re a bit more complicated, don’t support Indian rupees, and liquidity can be an issue. That’s probably why they aren’t as popular in India just yet.
  3. Peer-to-Peer (P2P) Exchanges: P2P trading platforms are gaining traction in India as a secure and decentralized way to trade cryptocurrency, especially when banking restrictions around crypto make regular exchanges harder to use. These platforms allow users to buy and sell digital assets directly with each other, bypassing the need for intermediaries.

How to Choose the Best Crypto Exchange in India?

When deciding on the top crypto exchanges in India, there are important elements to consider. These factors will help you determine which platform best matches your needs:

Fees and Charges

Every crypto exchange has its own fee structure, which can significantly affect your trading profitability. Common fees include transaction fees (charged on each trade), withdrawal fees (charged when you move funds out of the exchange), and deposit fees (sometimes charged when you add funds to your account). Some exchanges might offer low trading fees but charge high withdrawal fees, which could affect your profits if you frequently move assets. Understanding these costs upfront tells you how they will affect your overall trading strategy. Lower fees and zero fee crypto exchanges are generally preferable, especially if you plan to trade frequently.

Security Features

Security is one of the most important features of the best crypto exchanges. The decentralized and digital nature of cryptocurrencies makes them a prime target for hackers and cybercriminals. Look for exchanges that offer robust security measures, such as Two-Factor Authentication (2FA), which adds an extra layer of security by requiring a second form of verification before allowing account access. Also, exchanges that use cold storage (keeping the majority of funds offline) are generally safer because they are less vulnerable to online attacks. Some exchanges provide insurance against theft as added protection for your assets.

User Experience

A user-friendly interface will help your trading experience, especially if you’re new to cryptocurrency. The best exchanges offer intuitive platforms that make it easy to navigate through various functions like buying, selling, and monitoring your portfolio. While most beginners prefer simplicity and ease of use, experienced traders might prefer platforms that offer more advanced tools and features. Some of these include detailed charting software, margin trading options, and API access for automated trading. The exchange you choose should match your expertise and needs.

Supported Cryptocurrencies

Not all crypto exchanges support every cryptocurrency. While major coins like Bitcoin (BTC) and Ethereum (ETH) are typically available on all platforms, less popular cryptocurrencies may not be. Before choosing an exchange, make sure it supports the specific cryptocurrencies you’re interested in trading. If you trade a range of different assets, use an exchange with a wide variety of supported coins. This flexibility helps you to diversify your investments and enjoy different market opportunities.

Customer Service

Effective customer service is very important in the world of cryptocurrency trading. The technical issues that can arise are quite complex and having access to responsive and knowledgeable support can make a huge difference. Look for exchanges that offer multiple support channels, such as live chat, email, and phone support, and check reviews to see how responsive and helpful their support teams are. Prompt customer service can help reduce disruptions to your trading activities.

Crypto Regulations in India

Current Laws and Regulations

Currently, cryptocurrencies in India are not yet fully regulated. This means there isn’t a comprehensive legal framework that clearly defines how cryptocurrencies should be treated under the law. However, the Indian government has shown a keen interest in creating a regulatory environment that balances innovation with protection for investors. This interest is driven by several factors, including the need to prevent financial crimes such as money laundering and tax evasion, and to protect consumers from the high volatility and risks associated with cryptocurrencies.

The Reserve Bank of India (RBI) and other financial authorities are involved in discussions about how to regulate the cryptocurrency market. While there hasn’t been a complete ban on cryptocurrencies, there have been moves to regulate them more strictly. For example, the RBI had previously imposed restrictions on banks from dealing with cryptocurrency transactions, but this was overturned by the Supreme Court in 2020, allowing banks to provide services to cryptocurrency exchanges and traders again.

The Reserve Bank of India (RBI)

Despite the lack of a formal regulatory framework, several guidelines have been put in place to help shape the market. For instance, crypto exchanges in India are encouraged to follow Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols to ensure transparency and reduce illegal activities. This means that most exchanges will need you to verify your identity before you can start trading, adding an extra layer of security for both the exchange and its users.

The government is also considering the introduction of a Central Bank Digital Currency (CBDC), which could further impact how cryptocurrencies are regulated in the future. The launch of a CBDC might mean stricter regulations for private cryptocurrencies, as the government may seek to promote its digital currency while controlling the use of others.

Taxation and Reporting Requirements

The Indian government has made it clear that gains from cryptocurrency trading are subject to taxation, and failure to comply with tax laws can lead to penalties and legal action.

Cryptocurrency gains are currently considered as part of capital gains tax. This means that any profit you make from buying and selling cryptocurrencies is taxable. There are two types of capital gains tax in India: short-term capital gains (STCG) and long-term capital gains (LTCG).

  • Short-Term Capital Gains (STCG): If you hold a cryptocurrency for less than three years before selling it, the profit is considered a short-term capital gain. These gains are typically taxed at the same rate as your regular income tax rate, which can be up to 30%, depending on your total income.
  • Long-Term Capital Gains (LTCG): If you hold a cryptocurrency for more than three years, the profit is considered a long-term capital gain. LTCG is taxed at a lower rate, generally around 20%, with the benefit of indexation. Indexation lets you adjust the buying price of the asset for inflation, potentially reducing your tax liability.

Note that these tax rates and rules can change, so try to stay up-to-date with the latest guidelines from the Indian government and the Income Tax Department. To comply with tax laws, keep detailed records of all your cryptocurrency transactions. This includes the date of each transaction, the amount and type of cryptocurrency bought or sold, the value of the cryptocurrency in Indian Rupees at the time of the transaction, and any fees paid. Proper record-keeping will help you accurately calculate your gains or losses and report them correctly on your tax return.

If you’re unsure about how to handle your cryptocurrency taxes, consult with a tax professional who has experience with digital assets. They can help you understand your tax obligations, ensure you’re compliant with the latest regulations, and potentially minimize your tax liability through effective tax planning.

Security and Compliance Considerations for Indians

Security and compliance are crucial when engaging in cryptocurrency trading, especially in a dynamic regulatory environment like India’s. To protect your crypto investments and ensure compliance with local laws, here are some best practices that Indian crypto investors should follow:

Use Two-Factor Authentication (2FA)

Two-factor authentication (2FA) extra protection beyond your password. With 2FA, even if someone gets your password, they still need a second form of verification—usually a code sent to your phone or generated by an app like Google Authenticator—to access your account.

Enabling 2FA significantly raises the security of your crypto assets. Most cryptocurrency exchanges offer 2FA as an option in the security settings, and it’s highly recommended to enable it immediately after creating your account. This simple step can prevent unauthorized access and protect your funds from potential hacking attempts.

Store Assets in Cold Wallets

Storing your crypto assets in cold wallets, also known as offline wallets, is one of the safest ways to protect your investments. Cold wallets are not connected to the internet, making them immune to hacking attempts and online threats. This type of storage is ideal for long-term Indian crypto investors who do not need frequent access to their funds.

There are different types of cold wallets, including hardware wallets like Ledger and Trezor, and paper wallets where private keys are printed and stored offline. Keep your cold wallet in a secure location and make backup copies of your private keys to avoid losing access to your funds.

If you actively trade, you may need to keep a portion of your funds in hot wallets (online wallets) for quick access. However, try to limit the amount stored online to only what is necessary for immediate trading and keep the rest of your crypto assets offline.

Verify Exchange Compliance

Make sure that the crypto exchange you use complies with local regulations to avoid legal complications and protect your investments. This includes verifying if the exchange has registered with any relevant government bodies or financial authorities and if it follows anti-money laundering (AML) and know your customer (KYC) protocols.

An exchange’s compliance with local laws provides a level of assurance that it operates transparently and ethically. Look for indian crypto app that is transparent about its security practices and have a strong track record of protecting user funds. Reading user reviews and researching the exchange’s history can provide insights into its reliability and security measures.

Stay Informed

The regulatory landscape for cryptocurrencies in India is still changing. Changes in regulations can affect the legality of certain activities, tax obligations, and the overall environment for crypto trading. Keeping up with the news, government announcements, and updates from the exchanges themselves will help you stay ahead of regulatory developments.

Joining crypto communities, following reputable news sources, and participating in forums can also keep you informed about the latest trends and potential regulatory shifts. This awareness enables you to adjust your strategies and ensure that your investments remain compliant with the law.

Best Practices for Using Indian Crypto Exchanges

To navigate the complex world of crypto trading in India successfully, it’s important to follow certain best practices. These guidelines can help you maximize returns while minimizing risks and ensure that you are making informed and strategic decisions.

1. Start Small

For newcomers to crypto trading, starting with a small investment is a prudent strategy. The cryptocurrency market is known for its volatility, with prices that can swing dramatically in short periods. Starting small helps you to learn the market dynamics, understand how different cryptocurrencies behave, and get familiar with the trading platform without risking a significant portion of your capital.

As you gain experience and confidence, you can gradually increase your investment. This approach helps mitigate potential losses while giving you the time to develop a solid understanding of the market and refine your trading strategies.

2. Diversify Your Investments

Diversification is a fundamental principle in investing, and it’s especially important in the volatile world of cryptocurrencies. By spreading your investments across multiple cryptocurrencies, you reduce the risk associated with any single asset. Diversification can help balance your portfolio and protect against significant losses if one of your investments performs poorly.

You can consider spreading your funds across a mix of well-established cryptocurrencies like Bitcoin and Ethereum, as well as smaller altcoins that have potential for growth. This strategy can increase your chances of capturing gains from various segments of the market while reducing the impact of volatility on your overall portfolio.

3. Stay Updated

The cryptocurrency market is influenced by a wide range of factors, including technological developments, regulatory news, market sentiment, and macroeconomic trends. Staying updated with the latest news and trends is essential for making informed trading decisions.

Follow reliable news sources, subscribe to newsletters, and use market analysis tools provided by Indian crypto exchanges to keep track of the market. Being well-informed will help you anticipate market movements and make strategic decisions based on data rather than speculation.

4. Avoid FOMO

FOMO, or the fear of missing out, is a common psychological trap that can lead to impulsive and emotionally-driven investment decisions. In the fast-paced world of cryptocurrencies, it’s easy to get caught up in the excitement of rapidly rising prices and feel pressured to buy in hastily.

To avoid FOMO, it’s essential to have a well-defined investment strategy and stick to it, regardless of market hype. Focus on long-term goals and avoid making decisions based on short-term market movements. Remember that not every investment opportunity needs to be acted upon, and sometimes the best move is to wait for a better opportunity that aligns with your strategy.

5. Secure Your Account

The security of your crypto exchange account is paramount, as any breach can lead to the loss of your funds. Regularly updating your passwords, using a secure email address, and enabling all available security features are basic but effective measures to protect your account.

Choose strong, unique passwords for your exchange accounts and change them periodically to reduce the risk of unauthorized access. Using a password manager can help manage and generate secure passwords without the need to remember them all. Also, consider using a separate email address exclusively for your crypto activities, which can further enhance security.

Additionally, be vigilant about phishing attacks and other scams. Always verify the authenticity of emails, links, and websites before entering your credentials. Educate yourself about common scams in the crypto space to avoid falling victim to fraudulent schemes.

6. Understand the Fees and Charges

Different crypto exchanges have varying fee structures, including trading fees, withdrawal fees, and deposit fees. Understanding these costs is crucial as they can significantly impact your profits, especially if you are a frequent trader.

Before committing to an exchange, review its fee structure and consider how it aligns with your trading strategy. Some exchanges offer lower fees for high-volume traders or provide discounts for using their native tokens. Understanding these details can help you choose an exchange that offers the best value for your trading needs.

7. Practice Risk Management

Effective risk management is key to long-term success in crypto trading. This involves setting clear goals, defining your risk tolerance, and using tools like stop-loss orders to limit potential losses. It’s also essential to avoid over-leveraging, as this can amplify losses and increase the risk of liquidation.

By applying sound risk management principles, you can protect your capital and maintain a balanced approach to trading, which is particularly important in the highly volatile crypto market.

8. Use Tools and Resources Provided by Exchanges

Many crypto exchanges offer various tools and resources to help users make informed trading decisions. These can include market analytics, trading bots, demo accounts, and educational content. Utilizing these resources can provide valuable insights and improve your trading skills.

For example, demo accounts let you practice trading with virtual funds, helping you understand how the market works without risking real money. Trading bots can automate certain strategies, which lets you trade more efficiently. Taking advantage of these tools can enhance your trading experience and increase your chances of success.

How to Buy Cryptocurrency in India?

  1. Choose a Crypto Exchange: Start by picking the right Indian crypto exchange. You’ll want something that suits your needs and offers a good selection of coins. The best crypto trading platforms in India are CoinDCX, CoinSwitch, Mudrex, and ZebPay.
  2. Create an Account and Complete KYC Verification: Once you’ve registered with email, you’ll need to complete the KYC process. It’s a simple step but crucial because it keeps everything legal. Most crypto exchanges in India will ask for your Aadhaar card, PAN card, and a selfie.
  3. Deposit Funds: After KYC, you can deposit INR into your account. The good news is that Indian exchanges make this super simple with options like UPI, bank transfers, or even net banking.
  4. Buy Cryptocurrency: You can choose to buy at the current market price or set a limit order if you’re waiting for a better deal. Just pick the coin you want, enter the amount, and hit buy. The exchange will handle the rest and execute your order when the price matches your request (if it’s a limit order).
  5. Secure Your Cryptocurrency: Once you own your crypto, think about security. You can leave it in the exchange’s wallet for convenience, but many prefer to transfer it to a hardware wallet or cold storage for extra protection. And don’t forget to enable two-factor authentication (2FA) to keep your account secure.
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Future Trends for Crypto Exchanges in India by 2025

The crypto industry is changing fast. By 2025, crypto exchanges in India will see major shifts in regulations, technology, and user adoption. Here’s what you can expect:

1. Regulatory Changes

India is reviewing its crypto policies to match global standards. The government knows that crypto is borderless and wants to create fair rules. However, for now, the 30% tax on crypto gains and 1% TDS on transactions remain the same.

There’s also a new rule requiring crypto exchanges to report transactions for better transparency. While these regulations might seem strict, they show that the government is taking crypto seriously, which could lead to clearer policies in the future.

2. AI and Blockchain Upgrades

Crypto exchanges are getting smarter with Artificial Intelligence (AI). AI-powered tools help traders by offering insights, automating trades, and improving security. This means you’ll get better trading recommendations and safer transactions.

Another big shift is Blockchain-as-a-Service (BaaS). This allows businesses to use blockchain technology without building their own systems, making operations smoother and faster. More companies adopting BaaS means crypto will integrate better with traditional finance.

3. Growing Crypto Adoption

Despite high taxes and strict rules, India remains one of the top countries for crypto adoption. More people are using crypto, and major global exchanges like Coinbase and Bybit are planning a comeback in India after working with regulators. This could make it easier for Indians to trade on international platforms.

Conclusion

Choosing the best crypto exchange in India requires you to carefully consider various factors, including fees, security, user experience, and regulatory compliance. By doing your research and following best practices, you can safely and profitably investment in cryptocurrency India. Remember to stay informed, stay secure, and make decisions based on your individual needs and risk tolerance.

FAQs

Which crypto exchange is best for low fees in India?

The best crypto exchange for low fees in India is CoinDCX. It offers competitive trading fees and no deposit fees and is a cost-effective option for investors on a budget.

Which is the safest crypto exchange in India?

CoinDCX and ZebPay are considered the safest crypto exchanges in India. Their strong security measures include two-factor authentication (2FA) and insurance for user funds.

What are the legal risks of using crypto exchanges in India?

The legal risks of using crypto exchanges in India include potential regulatory changes that could affect the legality of cryptocurrency trading and taxation issues. You need to stay current on the latest regulations and comply with all local crypto laws.

How can I verify the security of a crypto exchange in India?

To verify the security of a crypto exchange in India, check for two-factor authentication, cold storage options, insurance for user funds, and regulatory compliance. You can also read user reviews and expert opinions to learn more about the exchange’s security track record.

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12 Best Crypto Staking Platforms of 2025 https://nftevening.com/best-crypto-staking-platforms/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-staking-platforms Sat, 14 Sep 2024 08:37:43 +0000 https://nftevening.com/?p=140224 Cryptocurrency staking has emerged as a popular strategy to earn passive income while contributing to network security. By locking up your crypto assets, you’re essentially helping to validate transactions and

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Cryptocurrency staking has emerged as a popular strategy to earn passive income while contributing to network security. By locking up your crypto assets, you’re essentially helping to validate transactions and maintain the integrity of the blockchain. 

However, with countless crypto exchanges and sites, choosing the best crypto platform for staking can be difficult. In this guide, we’ll delve into the best crypto staking platforms, considering factors such as security, user experience, and potential returns.

List of Best Platforms to Stake Crypto: Our Top Picks

We have reviewed more than 30 different best crypto staking sites and exchanges based on various factors including popularity, supported assets, security, APYs, and more. 

Here are our recommended 12 best crypto staking platforms:

  1. CoinDepo: Top crypto staking platform offering up to 24% APR
  2. Binance: Overall best crypto staking platform
  3. Keynode: Best liquid staking platform with attractive welcome bonus ($100)
  4. Coinbase: Best centralized staking platform for United States users
  5. KuCoin: Best for altcoin staking
  6. MEXC: Best for staking newly listed coins
  7. Crypto.com: Safest crypto staking platform
  8. Bybit: Best for multiple crypto earn products
  9. Nexo: Best for higher APY for NEXO token holders
  10. Lido: Best Ethereum liquid staking platform
  11. Aave: Best decentralized lending and staking protocol
  12. Rocket Pool: Best for Ethereum node staking

Best Crypto Staking Platforms and Exchanges Reviewed

1. CoinDepo: Top crypto staking platform offering up to 24% APR

CoinDepo: Top crypto staking platform offering up to 24% APR

CoinDepo is a prominent crypto staking platform, operating since 2021, designed to help users earn passive income through high-yield staking and Compound Interest Accounts. It focuses on major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) and stablecoins such as USDT, USDC, and DAI.

The platform offers competitive annual percentage rates (APRs) ranging from 12% to 24% + compound interest, with stablecoins often yielding the higher end of this spectrum due to their stability. These rates are notably higher than many competitors. Currently, it is offering up to 24% APR on USDT and 18% on BTC, ETH, XRP, SOL, and other major cryptocurrencies. CoinDepo’s user-friendly interface simplifies the staking process: users register on the official website, deposit supported cryptocurrencies, and select from flexible payout schedules – daily, weekly, monthly, quarterly, semi-annual, or annual.

The platform emphasizes security and incorporates full asset insurance. CoinDepo’s custodial partner is Fireblocks Inc., the only security platform that insures assets in storage, transfer, and E&O. Fireblocks is also the first crypto-tech company to be certified by the International Organization for Standardization in security (ISO 27001), cloud (ISO 27017), and privacy (ISO 27018). 

CoinDepo says it uses your crypto for secure lending and DeFi operations. They lend to trusted licensed institutions and earn interest. Then, they share a part of that income with you. CoinDepo does not charge deposit or withdrawal fees. You only need to pay blockchain network fees when sending crypto. It also plans to introduce collateral-free crypto loans and allow users to access liquidity without locking assets.

Pros

  • High APRs (12-24% + compounding) outperform many staking platforms
  • Up to 24% per annum on USDT, USDC, and DAI
  • Flexible payout schedules suit diverse financial goals
  • Strong security with cold wallets and full insurance
  • A user-friendly interface simplifies staking for beginners
  • Compound interest boosts long-term earnings significantly

Cons

  • Limited support for less popular altcoins restricts diversity
  • Platform, less established than competitors like Binance
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2. Binance: Overall best crypto staking platform

Binance- Overall best crypto staking platform

Binance is our #1 platform for crypto staking and earning services. It offers multiple staking options, including flexible, locked, and DeFi staking, each with distinct features and benefits.

The flexible staking option allows you to deposit and withdraw funds at will, while locked staking typically offers higher yields for fixed-term commitments (e.g., 15, 30, 60, or 90 days). Through DeFi staking, you can engage with decentralized finance protocols directly via their Binance accounts.

The platform supports over 60 cryptocurrencies for staking, encompassing major tokens such as Ethereum (ETH), Cardano (ADA), and Polkadot (DOT), as well as Binance’s proprietary token, Binance Coin (BNB). Binance continuously expands its staking offerings and adjusts reward rates to reflect current market conditions.

A significant advantage of Binance’s staking service is its competitive APY rates, which can vary from 1% to over 100% Annual Percentage Yield (APY). For instance, staking BNB can yield between 0.05% to 14.25% APY, while staking other assets like USDC can offer up to 3.06% APY. Some promotional staking options offer even higher yields for limited periods.

Binance also offers an auto-staking feature that automatically re-stakes rewards, allowing users to benefit from compounding returns without manual intervention. To aid user decision-making, Binance provides comprehensive information for each staking option, including projected returns, commitment periods, and minimum staking requirements.

Pros

  • Wide range of supported cryptocurrencies for staking
  • Competitive APY rates
  • Multiple staking options (flexible, locked, DeFi)
  • User-friendly interface
  • Regular updates and additions to staking offerings

Cons

  • Locked staking periods can limit asset liquidity
  • Regulatory concerns in certain jurisdictions may affect the availability
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3. KEYNODE: Best liquid staking platform with attractive welcome bonus ($100)

KEYNODE - Best liquid staking platform with attractive welcome bonus ($100)

KEYNODE is one of the best crypto staking platforms in USA. The platform offers staking services for a diverse range of proof-of-stake (PoS) cryptocurrencies. KEYNODE’s staking offerings have expanded significantly, now encompassing 10+ assets available for staking. 

This broad selection includes major cryptocurrencies such as Ethereum (ETH), Cardano (ADA), Solana (SOL), Tezos (XTZ), Cosmos (ATOM), and Algorand (ALGO). The platform boasts impressive potential returns, with users able to earn up to 17% Annual Percentage Yield (APY) on their crypto holdings.

KEYNODE offers a variety of flexible staking plans

  • Staking rewards vary considerably across different cryptocurrencies. For instance, Ethereum staking currently offers an estimated APY of up to 3.37%, while Cardano staking yields up to 1.84% APY. 
  • One of KEYNODE’s strengths lies in its user-friendly approach to staking. You can begin earning rewards with investments as modest as $100 in eligible cryptocurrencies. KEYNODE handles the technical aspects of staking, automatically distributing rewards to users’ accounts on a daily, depending on the specific asset.
  • KEYNODE offers liquid staking for crypto and employs robust security measures to safeguard staked assets, including substantial insurance coverage and the storage of most assets in cold wallets. The platform is also certified by McAfee Security.
  • The global reach of KEYNODE staking services is noteworthy, with availability in over 100 countries

Pros

  • User-friendly interface ideal for beginners
  • Strong focus on security and asset protection(2FA+DDoS protection)
  • Automatic distribution of staking rewards
  • Support for popular proof-of-stake cryptocurrencies

Cons

  • Locked staking periods can limit asset liquidity
  • Some high-yield options have lengthy lock-up periods

4. Coinbase: Best centralized staking platform for United States users

Coinbase- Best centralized staking platform for United States users

Coinbase is one of the best crypto staking platforms for U.S. users. The platform offers staking services for a diverse range of proof-of-stake (PoS) cryptocurrencies. Coinbase’s staking offerings have expanded significantly, now encompassing 152 assets available for staking. 

This broad selection includes major cryptocurrencies such as Ethereum (ETH), Cardano (ADA), Solana (SOL), Tezos (XTZ), Cosmos (ATOM), and Algorand (ALGO). The platform boasts impressive potential returns, with users able to earn up to 12% Annual Percentage Yield (APY) on their crypto holdings.

Staking rewards vary considerably across different cryptocurrencies. For instance, Ethereum staking currently offers an estimated APY of up to 2.07%, while Cardano staking yields up to 1.84% APY. 

One of Coinbase’s strengths lies in its user-friendly approach to staking. You can begin earning rewards with investments as modest as $1 in eligible cryptocurrencies. Coinbase handles the technical aspects of staking, automatically distributing rewards to users’ accounts on a daily or weekly basis, depending on the specific asset.

Also, Coinbase Prime offers liquid staking for Ethereum (LsETH). The exchange employs robust security measures to safeguard staked assets, including substantial insurance coverage and the storage of most assets in cold wallets. For institutional clients, Coinbase offers an enhanced staking solution through Coinbase Prime, featuring additional functionalities and personalized support.

The global reach of Coinbase’s staking services is noteworthy, with availability in over 100 countries. However, Coinbase charges a fee on the rewards you earn from staking supported cryptocurrencies. The standard fee is 35% for ADA, ATOM, AVAX, DOT, MATIC, SOL, and XTZ. However, eligible Coinbase One members enjoy a reduced fee of 26.3% for ADA, ATOM, DOT, SOL, and XTZ.

Pros

  • User-friendly interface ideal for beginners
  • Strong focus on security and asset protection
  • Automatic distribution of staking rewards
  • Educational resources for users
  • Support for popular proof-of-stake cryptocurrencies

Cons

  • Higher fees on staking rewards
  • Lower APYs compared to some other competitors like Binance

5. KuCoin: Best for altcoin staking

KuCoin- Best for altcoin staking

KuCoin Earn offers two main categories of staking products: Balanced and Advanced. The Balanced category includes products such as Flexible Savings, Staking, KuCoin Earn Select, and ETH2. These products are available in both flexible and fixed-term formats.

The Advanced category comprises products like Dual Investment and Protective Earn, among others. These products are exclusively fixed-term, meaning your funds are locked in until the maturity date, at which point they are automatically settled. Advanced products generally involve more complex investment strategies and are designed for those looking to maximize returns within a defined period.

KuCoin stands out due to its competitive staking rates and user-friendly interface, which provides clear information on APY, staking durations, and other essential details. 

There are no minimum staking requirements for many assets on KuCoin, making it accessible for both newcomers and seasoned investors. Some staking products on KuCoin also offer daily rewards, which can be automatically reinvested to compound your returns.

Pros

  • Offers competitive APY rates, typically ranging from 5% to over 20%
  • Provides flexible staking options with both soft and fixed staking
  • No minimum staking amount is required for many supported assets
  • Daily reward payouts with options to compound earnings
  • Advanced trading features like futures trading and margin trading

Cons

  • Some high-yield options have lengthy lock-up periods
  • Not available for the U.S. HODLers
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6. MEXC: Best for staking newly listed coins

MEXC- Best for staking newly listed coins

MEXC offers a centralized staking platform known as “MEXC Savings”, designed to help you earn passively. The platform features two primary staking options: Locked Savings and Flexible Savings.

MEXC supports a broad array of cryptocurrencies for staking, including major coins such as Bitcoin (BTC), Ethereum (ETH), and a variety of stablecoins. The annual percentage yield (APY) varies depending on the asset type and staking duration, with some assets offering returns of up to 25% or more.

Apart from crypto staking, it offers 200x leverage trading and zero-fee crypto trading in spot markets. It is also a popular no-KYC crypto exchange and offers complete privacy for trading digital assets.

It prioritizes security, employing advanced measures to protect user funds. These measures include two-factor authentication (2FA) and cold storage, safeguarding assets from unauthorized access. Furthermore, MEXC regularly conducts audits and security reviews to maintain the highest standards of protection.

Pros

  • Offers both locked and flexible staking pools
  • Includes major coins like BTC, ETH, and various stablecoins
  • Easy access through the MEXC web platform and mobile app
  • Yields are calculated and distributed daily

Cons

  • Highly non-regulated crypto exchange
  • Does not support fiat deposits and withdrawals through direct bank account
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7. Crypto.com: Safest crypto staking platform

Crypto.com- Safest crypto staking platform

Crypto.com offers a staking program called Crypto Earn, where you can earn interest on your crypto holdings. With over 21 cryptocurrencies and stablecoins available, you have plenty of options to choose from. 

Plus, as a Private Member, you enjoy an extra 2% annual reward in CRO. Rewards vary by asset, with Bitcoin staking yielding up to 5% per annum and Ethereum up to 5.5% per annum.

Crypto.com enables both on-chain staking, in which your assets contribute to network security, and liquid staking, which provides liquidity via tradeable receipt tokens. This allows you to receive staking incentives while still having the option to spend your assets in decentralized finance (DeFi) apps or trade.

The platform positions itself as one of the most regulated in the business by emphasizing security and regulatory compliance. Weekly rewards are given out, and you can track your staking rewards with ease thanks to the app’s user-friendly layout.

Pros

  • Access to staking for over 21 cryptocurrencies and stablecoins
  • Competitive rewards rates, with up to 5% for Bitcoin and 5.5% for Ethereum
  • Private Members receive an extra 2% per annum in CRO rewards
  • Offers liquid staking for Ethereum, providing liquidity alongside staking rewards
  • Weekly distribution of rewards and a user-friendly mobile app

Cons

  • Some assets may have mandatory lock-up periods, limiting immediate access
  • Complete staking services are not available in all jurisdictions, such as the USA
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8. Bybit: Best for multiple crypto earn products

Bybit- Best for multiple crypto earn products

Bybit is another top cryptocurrency site for staking and earning passive income. It provides a range of earning alternatives, including yield farming, customizable saving plans, and staking, where you can profit from your cryptocurrency holdings by earning attractive interest rates. It offers 6.2% APR on USDC, 3% on Ethereum, and 2.35% on Bitcoin.

Numerous altcoins and well-known cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are supported by the exchange, offering a plethora of options for portfolio diversification. 

Additionally, users can easily spend their cryptocurrency using the Bybit Card thanks to Bybit’s affiliation with Mastercard, further integrating the usage of cryptocurrency in day-to-day financial operations.

Bybit also offers structured products such as dual asset, double win, and smart leverage. You can earn up to 50% APY using these products. 

Pros

  • High liquidity with over $10 billion in daily trading volume
  • Supports a wide variety of trading options, including futures, options, and perpetual contracts
  • Transparent operations with real-time proof-of-reserves
  • 24/7 customer support in multiple languages
  • Competitive interest rates on staking and saving options

Cons

  • Regulatory challenges in certain countries may affect the availability
  • Advanced trading features may be overwhelming for beginners
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9. Nexo: Best for higher APY for NEXO token holders

Nexo- Best for higher APY for NEXO token holders

Nexo is a well-established crypto platform for staking opportunities through its “Earn Crypto” program. When staking on Nexo, you can earn interest on over 38 supported crypto assets, with rates reaching as high as 16% APY for some cryptocurrencies. 

The actual rate you receive depends on the asset and your loyalty tier within Nexo’s system. For example, Platinum-tier users, who hold at least 10% of their portfolio in NEXO tokens, enjoy up to 25% higher yields than the base tier.

One of the standout staking products on Nexo is Ethereum Smart Staking, which allows you to stake ETH by swapping it for NETH (Nexo Staked Ethereum). This process is seamless and requires no complex setup or gas fees. Interest rates for Ethereum staking range from 4% to 12% APY and rewards are paid out daily in NETH. Notably, the rate remains the same for all loyalty tiers, and there’s no limit on the amount you can stake.

Nexo offers flexibility in managing your staking rewards. You can choose to receive payouts in the same asset you stake or opt to earn in NEXO tokens for a potential 2% higher rate. Another feature is that interest compounds are distributed daily, making the process highly automated and user-friendly.

Pros

  • Up to 16% on select assets including BTC, ETH, and USDC
  • Interest is compounded and paid out daily.
  • Staking ETH via Nexo avoids gas fees
  • Choose to receive interest in NEXO tokens for higher rewards
  • Stake any amount, starting from as little as $1 in ETH

Cons

  • Holding NEXO tokens to boost loyalty tier rewards introduces market risk
  • Some features, like higher staking rates, may not be available in certain regions

10. Lido: Best Ethereum liquid staking platform

Lido- Best Ethereum liquid staking platform

Lido is a leading crypto decentralized staking platform that offers a unique approach to staking, particularly for Ethereum. It is the most popular Ethereuk liquid staking platform. Lido pools your deposits with other stakers, allowing you to stake any amount of ETH and receive the liquid stETH token in return, which represents your share of the staked assets. This stETH can be used across over 100 decentralized finance (DeFi) platforms, providing liquidity while still earning staking rewards.

One of the standout features of Lido is its liquidity. Unlike traditional staking, where your assets are locked up for a fixed period, Lido’s liquid staking allows you to use stETH in DeFi applications, such as lending or collateral, while still earning staking rewards. 

The platform supports integrations with major wallets and DeFi protocols like MetaMask, Aave, and Curve, making it convenient for you to manage and utilize your staked assets across the Ethereum ecosystem.

Lido offers competitive staking rewards, with an estimated annual percentage rate (APR) of around 3.06%. Rewards are distributed daily and automatically compounded, maximizing your earning potential. 

However, Lido charges a 10% fee on staking rewards, which is split between node operators and the Lido DAO treasury. Withdrawals are possible, but the process takes approximately 1-5 days under normal conditions.

Lido’s decentralized structure ensures security and reliability. It distributes staked ETH across multiple professional validators, minimizing the risks associated with any single validator. Furthermore, the protocol has undergone multiple security audits and participates in extensive bug bounty programs to mitigate smart contract vulnerabilities.

Pros

  • Stake any amount of ETH, no need for 32 ETH
  • stETH can be used across 100+ DeFi applications
  • Start earning rewards immediately after staking
  • Rewards are automatically compounded daily
  • Completely decentralized and open-source protocol

Cons

  • Withdrawals can take up to 5 days
  • A 10% fee on staking rewards

11. Aave: Best decentralized lending and staking protocol

Aave- Best decentralized lending and staking protocol

Aave is a decentralized liquidity protocol that offers a robust staking option within its ecosystem. By staking AAVE tokens in Aave’s Safety Module, you can earn rewards while contributing to the security of the protocol. 

The purpose of staking is to provide a backstop in case of a shortfall event, ensuring the platform’s financial stability. When you stake AAVE, you receive stkAAVE tokens in return, which entitle you to earn staking rewards.

The staking process is straightforward. You approve your AAVE tokens for staking and then proceed with two transactions to complete the process. Once staked, you will earn rewards in AAVE tokens. Rewards are determined by governance and are distributed at varying annual percentage rates (APRs), which can be checked on the platform.

Aave uses a cooldown period for unstaking tokens, currently set at 10 days. After this period, you have a 2-day window to unstake; otherwise, you’ll need to restart the cooldown process. This mechanism helps ensure that stakers are committed to supporting the protocol’s safety over time.

Pros

  • Earn higher rewards for securing the protocol
  • Simple staking and unstaking process
  • Supports Aave’s ecosystem stability
  • Open-source and transparent platform with audited security.

Cons

  • A limited number of supported digital assets
  • Risk of token slashing up to 33%
  • Higher cool-down period for unstaking

12. Rocket Pool: Best for Ethereum node staking

Rocket Pool- Best for Ethereum node staking

Rocket Pool is a decentralized platform for staking Ethereum (ETH). With Rocket Pool, you can stake as little as 0.01 ETH. When you stake, you receive rETH tokens, which represent your stake and grow in value as rewards from the staking process are earned. This gives you the flexibility to use rETH within the DeFi ecosystem while still benefiting from staking rewards.

For those interested in running a node, Rocket Pool offers a lower barrier by allowing node operators to start with 8 or 16 ETH. The rest of the 32 ETH needed to create a validator is pooled from other participants in the network. These “minipools” are fully decentralized and operate under the same rules as standard Ethereum validators, earning rewards like priority fees and MEV (Maximal Extractable Value) rewards.

Rocket Pool handles all staking and reward distribution through automated smart contracts, ensuring transparency and security. As a non-custodial platform, your assets remain in your control, reducing the risk of third-party involvement.

Pros

  • Low staking amount with just 0.01 ETH
  • rETH automatically increases in value over time
  • Only 8 or 16 ETH are needed to run a validator node
  • rETH can be used in decentralized finance
  • Your funds are secure and not held by a third party

Cons

  • Small stakes can be costly due to Ethereum gas fees
  • Only support ETH tokens for staking

How to Choose the Best Cryptocurrency Staking Sites?

Selecting the best Bitcoin staking platform is crucial if you want to lower risks and increase returns. So when choosing a staking site, bear the following points in mind:

  1. Security: Seek out platforms with a solid reputation for security controls. Important safety signs include multi-signature wallets, cold storage, and frequent security assessments.
  2. Supported Cryptocurrencies: Find out if the site accepts the cryptocurrency you intend to stake. While some exchanges support several different currencies, others can only provide a limited range.
  3. Reward Rates: Compare the annual percentage yields (APY) across different platforms. Be cautious of exceptionally high rates, as they can be risky.
  4. Minimum Staking Amounts: Check the minimum amounts required to stake on each platform. Some allow small amounts, while others have higher entry thresholds.
  5. Lock-up Periods: Review any lock-up periods or unstaking times. Platforms with flexible options might offer lower rewards but allow you to access your funds more easily.
  6. User Interface: Choose a crypto staking platform with a user-friendly interface, especially if you are new to staking. Some platforms also cater to advanced users with more complex features.
  7. Staking Fees: Be aware of any fees for staking, unstaking, or withdrawing rewards. These costs can affect your overall earnings.
  8. Reputation and History: Look into the staking platform’s track record, including user reviews and its standing in the crypto community.
  9. Regulatory Compliance: Ensure the platform follows legal requirements in your region. Some staking services may not be accessible in certain countries.
  10. Additional Features: Consider platforms that offer extra perks like compounding rewards, integration with other DeFi tools, or governance participation.
  11. Customer Support: Reliable customer support is important, particularly for resolving technical issues or answering questions about your staking activities.

Best Cryptocurrency Staking Platforms Compared

Here is a quick comparison between the best staking platforms:

Platform Supported Cryptocurrencies Maximum APY Type of Platform
CoinDepo 19 crypto assets, such as USDT, USDC, BTC, ETH, and more Up to 24% Custodial
Binance 60+ cryptocurrencies, including ETH, ADA, DOT, BNB Up to 100%+ Custodial
KEYNODE Major cryptocurrencies such as ETH, ADA, SOL, XTZ, ATOM, ALGO Up to 17% Non-custodial
Coinbase 152 assets, including ETH, ADA, SOL, XTZ, ATOM Up to 12% Custodial
KuCoin Numerous altcoins Up to 20%+ Custodial
MEXC Major coins like BTC, ETH, and stablecoins Up to 25%+ Custodial
Crypto.com 21 cryptocurrencies and stablecoins Up to 5.5% APR Custodial
Bybit Bitcoin, Ethereum, and various altcoins Up to 50% APY Custodial
Nexo 38 assets, including BTC, ETH, USDC Up to 16% APR Custodial
Lido Ethereum (ETH) 3.06% APR Non-custodial
Aave AAVE tokens 4.42% APR Non-custodial
Rocket Pool Ethereum (ETH) 2.25 APR Non-custodial

What is Crypto Staking?

Crypto staking involves participating in a proof-of-stake (PoS) blockchain by locking up a portion of your cryptocurrency. 

Unlike traditional mining, which relies on significant computational power to solve complex puzzles, staking allows users to validate transactions and generate new blocks simply by holding their assets in a staking wallet.

Here’s what staking does:

  • Secures the Network: By locking up their coins, stakers help protect the blockchain from potential threats and maintain its overall security.
  • Validates Transactions: Stakers take part in the process of confirming new transactions, ensuring they are properly added to the blockchain.
  • Facilitates Consensus: For the blockchain network to maintain synchronization and consensus on transaction records, staking is essential.
  • Earns Reward: Stakers receive incentives in the form of more cryptocurrency in exchange for their contributions, which makes it a desirable passive income stream.

Staking has grown in popularity because it offers a more sustainable alternative to mining and provides a straightforward way for crypto holders to earn rewards on their assets, similar to gaining interest in a bank savings account.

How Does Cryptocurrency Staking Work?

Cryptocurrency staking works by allowing token holders to lock up their assets in a wallet to support the operations of a blockchain network. Here’s a step-by-step explanation of the process:

Eligibility: First, you need to own a cryptocurrency that uses the proof-of-stake consensus mechanism.

Minimum Requirements: Many networks have a minimum amount of tokens required for staking. This can range from a fraction of a token to thousands, depending on the network.

Wallet Setup: Make sure the wallet you choose to store your tokens is staking-compatible. If you’re utilizing a centralized staking service, this might be an exchange wallet, a software wallet, or a hardware wallet.

Locking Tokens: Once in the appropriate staking wallet, you “lock” or “delegate” your tokens to the network. This signifies your intention to stake.

Validator Selection: In some networks, you may need to choose a validator to delegate your tokens to. Validators are nodes responsible for proposing and confirming new blocks.

Network Participation: Your staked coins are now included in the network’s validation mechanism. The more cryptocurrencies you stake, the better your chances of getting selected to validate transactions and produce new blocks.

Reward Distribution: As a reward for participating in the network’s operations, you receive additional tokens. These rewards are typically distributed at regular intervals.

Compound Staking: Many platforms allow you to automatically reinvest your staking rewards, leading to compound growth over time.

Unstaking: When you want to access your staked tokens, you initiate an unstaking process. Some networks have a “cooldown” period before you can withdraw your tokens.

It’s important to note that while your tokens are staked, they are typically locked and cannot be traded or transferred. Some networks and platforms offer liquid staking solutions to address this limitation, but these come with their own set of considerations and potential risks.

Types of Crypto Staking

1. Proof of Stake (PoS) Staking

Proof-of-Stake (PoS) entails individuals staking crypto assets to help power a blockchain network. Rather than solving complicated algorithms, PoS uses the amount of cryptocurrency staked to determine who gets to validate transactions and create new blocks. 

The more coins a trader stores, the better their chances of getting chosen for validation. Stakeholders receive tokens as a reward for their contributions. This approach is regarded as more energy-efficient than standard proof-of-work (PoW).

2. DeFi Staking (On-Chain)

Decentralized Finance (DeFi) staking involves locking up tokens in smart contracts on various DeFi platforms. This can include providing liquidity to decentralized exchanges, participating in yield farming protocols, or contributing to lending platforms

DeFi staking often offers higher rewards but comes with increased complexity and smart contract risks.

3. Off-Chain Staking (Crypto Exchanges)

Many centralized cryptocurrency exchanges offer staking services where you can stake your tokens directly on the exchange platform. This method is often more user-friendly and requires less technical knowledge, but it involves trusting the exchange with custody of your assets.

4. Yield Farming

While not traditional staking, yield farming is often grouped with staking activities. It involves providing liquidity to DeFi protocols and earning rewards through additional tokens.

5. Liquid Staking

Normally, when you stake your cryptocurrency, it gets locked up, and you can’t use it until the staking period ends. With liquid staking, you receive a token that represents your staked assets, which you can trade, lend, or use in other ways while still earning staking rewards.

For example, if you stake ETH through a liquid staking platform, you might receive stETH in return. This stETH represents your staked ETH and can be used just like regular ETH in various DeFi (Decentralized Finance) activities, like trading or earning yield in liquidity pools. This approach provides flexibility and additional opportunities to earn returns without having to wait for the staking period to end.

6. Masternode Staking

Masternode staking is a process where you operate a masternode, a special type of node that helps maintain a blockchain network and performs additional functions like processing transactions and securing the network. 

Unlike regular staking, running a masternode requires you to meet a minimum threshold of coins and have the technical capability to keep a server running 24/7.

In the Dash cryptocurrency network, you can run a masternode by holding at least 1,000 DASH coins. In return, you help validate transactions and support the network, earning rewards for your participation. 

Risks and Challenges of Crypto Staking

While crypto staking offers a potential way to earn passive income, it’s essential to understand the associated risks and challenges:

  • Market Volatility: The value of staked assets can vary widely due to market fluctuations. Even if you receive staking rewards, the overall value of your investment might decrease if the token’s price drops.
  • Lockup Periods: Many staking protocols require your tokens to be locked for a specific duration. During this time, you can’t sell or transfer your assets, which could be a concern if market conditions change suddenly.
  • Slashing Risk: In some Proof of Stake (PoS) systems, validators may have their stakes “slashed” (partially taken away) if they act maliciously or fail to maintain the required uptime. If you’re delegating to a validator, poor performance on their part could lead to a loss of a portion of your stake.
  • Smart Contract Risks: In DeFi staking and some PoS systems, smart contract weaknesses can lead to fund loss. It is critical to select platforms that have been thoroughly examined and trustworthy. 
  • Regulatory Uncertainty: Changes in laws and regulations may have an impact on the legality and profitability of staking activities.
  • Centralization Concerns: Some believe that PoS systems could lead to centralization, as those with the most tokens wield the most influence over the network.
  • Technical Complexity: Operating your own staking node requires technical skills and ongoing maintenance. Even delegating your stake to a validator can be complicated for those new to the process.
  • Reward Rate Changes: Staking reward rates can fluctuate over time, potentially lowering your expected returns.
  • Impermanent Loss: In liquidity provision and some DeFi staking models, you may experience impermanent loss if the prices of assets in a pool diverge significantly.
  • Platform Risks: Using a centralized platform for staking carries the risk of the platform becoming insolvent or being hacked.

Crypto Lending Vs. Staking Vs. Mining: What’s the Difference?

Feature Crypto Lending Staking Mining
Definition Lending your crypto assets to earn interest. Locking up your crypto to support a blockchain. Using hardware to solve complex math problems.
Purpose Earn interest from borrowers. Help secure the network and validate transactions. Validate transactions and secure the blockchain.
Rewards Interest paid by borrowers in crypto. Earn rewards in the form of new tokens or fees. Earn new coins as a reward for mining blocks.
Risk Level Medium to high, depending on the borrower. Low to medium, depends on the network’s security. High, due to hardware costs and energy expenses.
Technical Knowledge Minimal (platforms are user-friendly) Basic understanding of blockchain is useful High (requires knowledge of hardware and software)
Initial Investment Varies (depending on amount lent) Typically low High (requires investment in mining equipment)
Energy Consumption Low Minimal (mostly running a wallet or node) High (consumes significant electricity)
Maintenance None (managed by the lending platform) Low (occasional monitoring of staking status) High (requires constant maintenance of hardware)
Environmental Impact Low Low High

How to Stake Cryptocurrency to Earn Passive Income?

  • Step 1: Choose a proof-of-stake (PoS) cryptocurrency – Select a crypto that supports staking, like Ethereum 2.0, Cardano, or Polkadot.
  • Step 2: Acquire the chosen cryptocurrency – Purchase the required amount through a reputable staking cryptocurrency exchange.
  • Step 3: Set up a compatible wallet – Use a crypto wallet that supports staking for your chosen crypto.
  • Step 4: Stake your coins – Lock up your cryptocurrency in the network to participate in transaction validation.
  • Step 5: Earn rewards – Receive regular payouts in the form of additional coins as compensation for helping secure the network.
  • Step 6: Monitor and reinvest – Keep track of your earnings and consider reinvesting rewards to compound your returns.

How to Maximize Your Staking Rewards?

  • Choose high-yield coins: Research cryptocurrencies offering the best staking returns, balancing potential rewards with risks.
  • Stake larger amounts: Many networks offer higher rewards for larger stake sizes. Consider consolidating your holdings if it makes financial sense.
  • Compound regularly: Reinvest your staking rewards to benefit from compound growth over time.
  • Optimize validator selection: If applicable, choose reliable validators with low fees and high uptime to maximize your earnings.
  • Leverage liquid staking: Use protocols that provide tradable tokens representing your staked assets, allowing you to maintain liquidity while earning rewards.
  • Consider lock-up periods: Some platforms offer higher rewards for longer commitment periods. Evaluate if these align with your investment strategy.
  • Monitor and adjust: Regularly review your staking performance and be prepared to reallocate your assets if better opportunities arise.

Conclusion: ​​Finding the Best Bitcoin Staking Platforms

In conclusion, selecting the best crypto staking platforms involves evaluating security features, the variety of supported assets, and the potential returns. By focusing on these key aspects, you can choose a platform that aligns with your investment goals and offers a secure way to earn passive income through staking.

Binance is the best for higher APYs and multiple supported assets and Coinbase is highly recommended due to its regulatory compliance and higher security. Lido, Aave, and Rocket Pool are some of the best decentralized crypto staking platforms. You can choose the best place of your own preference, but consider both the pros and cons of staking while investing. You can also check out our guide about NFT staking.

FAQs

Is crypto staking safe?

Crypto staking can be safe, but it does have some risks. You could lose money due to hacks, smart contract bugs, or problems with exchanges

Validators can also be penalized if they don’t follow the network’s rules. Staking with well-known platforms and popular cryptocurrencies usually makes it safer. 

What is the best crypto staking platform?

The best platform depends on what you need. Binance and Coinbase are two popular choices. Binance offers many staking options with good returns, often better than other exchanges. It supports lots of cryptocurrencies and has flexible terms. 

Coinbase, though it has a lower APY, is easy to use and secure, which is helpful for beginners. Both platforms are trusted and regulated, making them reliable. Binance doesn’t charge fees, while Coinbase takes a small portion of staking rewards.

What is the average return on crypto staking?

The returns you get from crypto staking can really vary depending on the coin and what’s going on in the market. Most of the time, you might see returns between 2% and 20% a year, but some can be even higher.

For example, staking popular coins like Ethereum usually gives you around 4-5% per year. If you’re staking on proof-of-stake networks like Cardano or Polkadot, you might get between 5% and 12%.

But remember, these rates aren’t set in stone—they can go up or down depending on how many people are staking and the coin’s value. Some smaller or newer coins might offer rates of 20% or more, but there’s often more risk with those.

What is the minimum amount required to stake?

The minimum amount required for staking varies greatly depending on the cryptocurrency and the staking platform. Some platforms allow staking with very small amounts, even fractions of a coin. 

For example, you can stake Ethereum on certain exchanges with as little as 0.1 ETH. Binance often has low minimums, sometimes allowing staking with just 0.1 units of a given cryptocurrency

However, for running your own validator node on networks like Ethereum, the requirements are much higher – currently 32 ETH, which is a significant investment. 

Platforms like Bybit or Coinbase have their own minimum requirements, typically ranging from $1 to $50 worth of a given crypto.

Can I lose my staked cryptocurrency?

Yes, you can lose your staked crypto assets. The primary risk comes from the volatility of cryptocurrency prices – if the value of your staked asset drops significantly, your overall holdings could be worth less despite earning staking rewards. 

If you’re staking through a third-party service, there’s always a small risk of the platform being hacked or becoming insolvent

Certain crypto staking platforms have lock-up periods, during which you can’t access your funds; if you need to sell during this time, you might face penalties. It’s also possible to lose access to your staked crypto if you lose your private keys of hardware wallets or access to your staking account.

Do I need to pay taxes on staking rewards?

Staking rewards in cryptocurrencies often falls into a gray area of tax law, as many countries are still adapting their regulations to this new technology. 

Generally, these rewards are viewed as a form of income by tax authorities, similar to how dividends or interest are treated. The timing of taxation can be tricky – you might owe taxes when you receive the rewards, or only when you convert them to fiat currency, depending on your jurisdiction. 

Record-keeping is crucial, as you’ll need to track the market value of your rewards at the time of receipt. Some countries might also apply capital gains tax if you later sell your staked assets at a profit.

Which crypto platform has the highest APY?

While APYs fluctuate frequently in the crypto world, Binance often offers some of the highest staking yields among top crypto exchanges. Binance’s staking platform provides competitive rates for a wide range of cryptocurrencies, with some offerings reaching 10-20% APY or even higher for certain tokens. 

Binance frequently updates its staking options and rates, sometimes offering promotional rates that can exceed 100% APY for limited periods. These high rates are typically for smaller cap coins or new listings.

What’s the difference between centralized and non-custodial staking?

Centralized staking involves delegating your cryptocurrency to a third-party service, like an exchange (e.g., Binance or Coinbase), which manages the staking process for you. This option is user-friendly and requires less technical knowledge, but it means you’re trusting the platform with your assets. These exchanges are also known as custodial staking platforms.

On the other hand, non-custodial staking allows you to maintain control of your private keys while staking. This can be done through crypto wallets, DEXes, or by running your own validator node.

Are there fees for crypto staking?

Yes, there are fees associated with crypto staking, although they vary depending on the platform and staking method. Many centralized exchanges charge a commission on your staking rewards, such as Coinbase charges up to 35% of the yield

Some crypto staking platforms may advertise “no fees” for staking, but they might be taking a cut of the rewards before distributing them to you. 

For non-custodial staking, there may be transaction fees for delegating your stake and claiming rewards, which can be significant on networks with high gas fees like Ethereum

If you’re running your own validator node, you’ll need to consider the costs of maintaining the necessary hardware and internet connection. Some networks also have a concept of “validator fees” which are set by the validators themselves and deducted from the rewards before distribution to delegators.

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10 Best Crypto Exchanges for Day Trading in 2025 https://nftevening.com/best-crypto-exchange-for-day-trading/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-exchange-for-day-trading Fri, 13 Sep 2024 09:18:32 +0000 https://nftevening.com/?p=140102 Choosing a crypto exchange for day trading is a critical decision for anyone who aims to profit from short-term market fluctuations. With so many crypto exchanges available, each with a

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Choosing a crypto exchange for day trading is a critical decision for anyone who aims to profit from short-term market fluctuations. With so many crypto exchanges available, each with a different set of trading tools, trading fee structure, and security measures, it’s easy for anyone to get confused and feel overwhelmed. This guide will equip you with all the knowledge to choose the best crypto exchange for day trading.

Ranking the Best Crypto Exchange for Day Trading

  1. Binance
  2. Coinbase
  3. MEXC
  4. KuCoin
  5. Bybit
  6. Kraken
  7. Crypto.com
  8. OKX
  9. Bitfinex
  10. Pionex

10 Best Crypto Exchanges for Day Trading 2024 Reviewed

The best day trading crypto platforms offer high liquidity, low fees, robust security, low trading fees, and advanced trading tools to help traders maximize their profits. Below is a list of the top crypto exchanges for day trading in 2024.

1. Binance – Best Crypto Exchange for Day Trading

  • Trading Fees: 0.1% maker and taker fees.
  • Cryptocurrencies Supported: 410+
  • Fiat Currencies Supported: EUR, GBP, AUD, UAH, RUB, TRY, and more.

Binance - Best Crypto Exchange for Day Trading

Binance is the largest cryptocurrency exchange by trading volume. The platform is known for its extensive range of features that are designed to cater to all sorts of users. Many of these features are built specifically for crypto day trading.

One of the key strengths of Binance is its high liquidity, which ensures that traders can easily execute large trades without any barriers or delay. This is essential for day traders who need to enter and exit positions quickly. Moreover, the exchange has a competitive fee structure. High-volume traders or VIP users can enjoy even lower fees, which can go as low as 0.009% for the highest-tier traders.

Binance also offers a wide array of advanced trading tools, such as real-time charts, analysis indicators, and multiple order types, including stop-limit, trailing stop, and OCO (One Cancels the Other). These tools help traders effectively manage risk and make informed decisions while keeping up with the swiftly changing conditions in the cryptocurrency market. 

Security is another strong point for Binance. The platform uses a combination of two-factor authentication (2FA), cold storage for the majority of its funds, and a Secure Asset Fund for Users (SAFU), which was established in 2018 and acts as an insurance fund in case of a breach.

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2. Coinbase – Best Crypto Exchange for Day Trading in the US

  • Trading Fees: 0.0 – 0.4% maker fees and 0.05 – 0.6% taker fees.
  • Cryptocurrencies Supported: 250+
  • Fiat Currencies Supported: USD, EUR, and GBP.

Coinbase - Best Crypto Exchange for Day Trading in North America

Coinbase is one of the most widely recognized cryptocurrency exchanges, especially popular in the United States due to its user-friendly interface and regulatory compliance. While it is often recommended for beginners, Coinbase also offers a range of features that make it one of the best day trading crypto platforms.

One of the highlighting features of Coinbase is its regulatory compliance and security. The platform is one of the few fully regulated exchanges in the US, making it a trustworthy choice for traders concerned about the safety of their funds. Coinbase stores 98% of customer assets in cold storage, and its insurance policy covers any potential breaches of the hot wallet. This level of security is particularly important for day traders who can’t use a non-custodial wallet and need to ensure that their funds are protected while actively trading.

Coinbase’s user interface is another strong point, offering a clean and intuitive design that makes it easy for traders to navigate between different cryptocurrencies and carry out trades quickly. However, for more experienced day traders seeking advanced tools, Coinbase Advanced Trading (formerly known as GDAX) is the better choice. Coinbase Advanced Trading provides access to a more professional trading dashboard, complete with real-time charts, advanced order types (limit, stop, and market order), and other market analytics.

Another major benefit of using Coinbase Advanced Trading for day traders is its fee structure. Though Coinbase’s standard platform sometimes draws criticism for its relatively higher trading fees, the Advanced Trading platform offers a much more competitive fee model. Spot trading fees on Coinbase Advanced Trading range from 0.05% to 0.6% for takers and 0.0% to 0.4% for makers. Users can also access margin trading, which allows traders to amplify their positions, although this feature is limited to certain regions.

In terms of liquidity, Coinbase supports a wide range of cryptocurrencies, including major assets like Bitcoin, Ethereum, and Solana, as well as numerous altcoins. Its liquidity is particularly high for large-cap coins, ensuring fast order execution for day traders.

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3. MEXC – Best Crypto Exchange for Day Trading with a Wide Variety of Trading Pairs

  • Trading Fees: 0% marker fees and 0.02% taker fees.
  • Cryptocurrencies Supported: 2450+
  • Fiat Currencies Supported: USD, EUR, GBP, AUD, CAD, RUB, and more.

MEXC - Best Crypto Exchange for Day Trading with a Wide Variety of Trading Pairs

MEXC is a rapidly growing cryptocurrency exchange that has gained attention for its wide range of trading pairs, high liquidity, and advanced features made for both new and experienced traders. As a crypto trading platform, MEXC stands out by offering traders a comprehensive suite of tools and easy access to even some lesser-known cryptocurrencies. This also serves as the primary attraction for day traders.

The platform supports more than 2450 crypto tokens, making it the best crypto trading platform in this list as far as diversity is concerned. The wide variety of crypto coins allows traders to explore diverse options, including both larger-cap coins as well as newer and smaller-cap altcoins. This wide selection enables day traders to find profitable opportunities by profiting from the high volatility of lesser-known tokens, making it a favored platform for those seeking more than just mainstream coins. Apart from the wide range of cryptocurrencies, the platform also supports a large number of fiat options, including USD, EUR, GBP, AUD, RUB, and 10 more.

The platform’s low trading fees are another significant advantage for its users. MEXC is one of the best zero fee crypto exchanges in the market that charges a flat zero-percent trading fee for makers. As for takers, the platform incurs a flat trading fee of 0.02%, which can further be reduced by holding MX tokens – MEXC’s native cryptocurrency.

MEXC has also built a fairly comprehensive set of trading tools that facilitates day traders.  These tools include customizable charts, indicators, and multiple order types like limit, market, and stop-limit orders. For traders interested in leveraging their positions, MEXC provides futures and margin trading options, with leverage limits varying depending on the geographical location.

Thanks to a large user base and wide adoption, MEXC has high liquidity, which enables the exchange to complete as many as 1.4 million transactions per second. This means that day traders can place orders without worrying about delays or slippage.

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4. KuCoin – Best Crypto Exchange for Day Trading with Global Accessibility

  • Trading Fees: 0.1% maker and taker fees.
  • Cryptocurrencies Supported: 800+
  • Fiat Currencies Supported: USD, EUR, GBP, AUD, INR, RUB, ZAR, and more.

KuCoin - Best Crypto Exchange for Day Trading with Global Accessibility

KuCoin is a well-established cryptocurrency exchange that has become a favorite among day traders for its global accessibility, diverse asset selection, and advanced trading features. With a global user base that extends to over 200 countries and a reputation for offering cutting-edge tools, KuCoin provides an ideal environment for both beginners and experienced traders looking to engage in crypto day trading. The expansive reach makes it one of the most widely available cryptocurrency exchanges, offering day traders the flexibility to trade from virtually anywhere. KuCoin’s global presence is a key factor in its popularity, particularly for day traders who require a platform that is accessible regardless of their geographic location.

Another significant factor that further complements KuCoin’s accessibility is its support for a wide variety of fiat currencies. The platform allows users to deposit and withdraw funds using multiple fiat options, including USD, GBP, CAD, AUD, EUR, INR, and many others. This offers a unique benefit to traders who want to avoid the hassle of converting fiat currencies to cryptocurrencies on separate platforms before trading.

In addition to wide fiat support, the crypto exchange is also known for its user-friendly interface and multi-language support. KuCoin’s website and mobile app are available in more than 10 major languages, ensuring ease and comfort for traders from different regions.

KuCoin is also known for offering advanced trading features such as margin trading, futures trading, and trading bots. Margin trading allows users to borrow funds to increase their position size, which can amplify potential gains (but also risks). KuCoin’s futures platform enables traders to speculate on the future price of cryptocurrencies with leverage, making it a popular choice for those looking to maximize short-term profits. Additionally, KuCoin’s trading bots can automate certain strategies, allowing traders to maintain their positions without constantly monitoring the market.

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5. Bybit – Best Crypto Exchange for Day Trading Derivatives

  • Trading Fees: 0.1% maker and taker fees.
  • Cryptocurrencies Supported: 650+
  • Fiat Currencies Supported: USD, EUR, GBP, AUD, CAD, and AED.

Bybit - Best Crypto Exchange for Day Trading Derivatives

Launched in 2018, ByBit quickly gained popularity for its focus on derivative trading, which includes perpetual trading and other leveraged trading types. These advanced trading options make ByBit one of the best crypto exchanges for more advanced users. The perpetual contracts offered allow traders to speculate on the price of cryptocurrencies without needing to hold the actual asset. Traders can use leverage to increase their exposure to trade, with Bybit offering up to 100x leverage on certain pairs.

Nonetheless, it’s essential to remember that even though leverage can help you maximize profits, it also comes with higher risks, so day traders must carefully manage their positions to avoid liquidation.

In terms of fees, Bybit operates on a maker-taker model, charging the standard fee of 0.1% for both makers and takers. However, this fee can be reduced to as low as 0.0050% for makers and 0.015% for takers, depending on the user’s VIP level. The VIP level is based on asset balance or the last 30-day trading volume.

Another standout feature of Bybit is its user-friendly interface. The platform is designed with simplicity in mind, offering intuitive navigation, customizable charts, and multiple order types such as limit, market, and conditional orders. Bybit’s trading interface is highly responsive, ensuring that traders can quickly complete trades without any lag, a crucial factor for those who need to act fast in volatile markets.

Bybit also offers robust security features. It employs a multi-signature cold wallet system to store the majority of user funds, protecting against potential hacks. In addition, the platform uses 2FA and SSL encryption to safeguard user accounts and data.

Though the platform operates across multiple continents, providing its services in a wide list of countries, it’s restricted in some major regions due to regulatory constraints. These include the United States, the Chinese Mainland, Hong Kong, Singapore, Canada, France, the United Kingdom, Iran, and others.

For more information of this exchange, check out our detailed Bybit review.

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6. Kraken

  • Trading Fees: 0.25% maker fees and 0.4% taker fees.
  • Cryptocurrencies Supported: 300+
  • Fiat Currencies Supported: USD, EUR, GBP, AUD, CAD, JPY, and CHF.

Kraken

Kraken is one of the oldest and most trusted cryptocurrency exchanges, known for its strong security features and regulatory compliance. Launched back in 2013, Kraken has been in the business for over a decade now and has built a reputation as a reliable platform for traders of all kinds.

One of Kraken’s key strengths is its security. The exchange employs industry-leading security practices, such as 2FA, cold storage for most of its digital assets, and rigorous verification procedures. For day traders, who often hold large amounts of capital on exchanges, Kraken’s focus on protecting user funds is crucial. It is important to note that Kraken has only been breached once in its entire history, which was significantly lower than most of its competitors.

Kraken also offers high liquidity, particularly for major cryptocurrencies such as Bitcoin, Ethereum, Solana, and XRP, ensuring that day traders can carry out trades quickly and efficiently. High liquidity is essential for minimizing slippage, allowing traders to enter and exit positions at their preferred price points, even during volatile market conditions. Kraken provides access to more than 300 cryptocurrencies. Though this list is not as diverse as some other exchanges on the list, it covers almost all the large-cap tokens as well as many popular small-cap altcoins.

Like Coinbase, Kraken also offers a Pro platform designed specifically to facilitate the needs of experienced traders. Kraken Pro offers a customizable trading interface which provides real-time, detailed charts that users can personalize according to their specific needs. Traders can adjust chart settings, timeframes, and overlays, giving them full control over their trading environment.

Furthermore, Kraken Pro also offers multiple order types, including standard market and limit orders, as well as more sophisticated options like stop-loss, take-profit, trailing stop, and conditional orders. These order types allow day traders to manage their risk more effectively and automate parts of their trading strategy, ensuring that they can act quickly even when they are not actively monitoring the market.

As far as trading fees are concerned, the platform charges makers  0.25% spot trading fees, while takers have to pay 0.4% on every transaction. These charges can be reduced by increasing the monthly trading volume. Trading fees charged for highest tier traders can go as low as 0%.

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7. Crypto.com

  • Trading Fees: 0.15% maker fees and 0.3% taker fees.
  • Cryptocurrencies Supported: 360+
  • Fiat Currencies Supported: USD and EUR.

Crypto.com

Crypto.com is a versatile cryptocurrency exchange known for its user-friendly interface and integration with a wide range of financial services. One of its standout features is Crypto.com Pay, a payment solution that allows users to make transactions using cryptocurrencies. Supported by over 50 million users globally, Crypto.com Pay is widely integrated with major e-commerce platforms like Shopify, OpenCart, and WooCommerce. This integration makes it convenient for businesses to accept crypto payments while providing day traders with a straightforward way to manage their assets within the platform.

For day traders, especially those with a large trading volume, Crypto.com offers a relatively low fees model. The standard maker fee stands at 0.15%, while takers have to pay up to 0.3%. However, these can be brought a lot lower by holding and staking CRO – Crypto.com’s native crypto token. The highest-tier traders can enjoy 30% off on taker fees and a rebate of 0.001% on every maker order. These fee reductions can significantly impact profitability for regular traders with a large portfolio.

To keep up with the competition, Crypto.com also offers a wide range of professional trading tools for both beginner and experienced traders. The platform provides customizable charts, indicators, and various order types, such as limit, market, and stop-loss orders, which enable traders to implement more sophisticated strategies. Additionally, Crypto.com supports margin trading, allowing professional traders to leverage their positions and potentially increase returns.

Crypto.com is also widely praised for its mobile app, which allows users to access the trading platform on the go. The app is well-designed and offers real-time market updates, customizable alerts, and easy order execution. This flexibility is crucial for day traders who need to monitor market conditions and execute trades quickly, no matter where they are.

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8. OKX

  • Trading Fees: 0.08% maker fees and 0.1% taker fees.
  • Cryptocurrencies Supported: 300+
  • Fiat Currencies Supported: USD, EUR, GBP, CAD, AED, HKD, INR, JPY, SAR, and more.

OKX

OKX is a prominent player in the best crypto exchanges race that has established itself as a major player in the crypto trading ecosystem, known for its high trading volume and an extensive list of supported fiat options. These features make OKX highly attractive to day traders, providing ample liquidity and the flexibility to move between cryptocurrencies and fiat currencies with ease. The platform’s high trading volume ensures that day traders can execute large trades quickly and efficiently without experiencing slippage, even during periods of high volatility. OKX’s deep liquidity pool across a wide range of trading pairs offers the stability and reliability that frequent traders need in a fast-paced market.

It’s also worth mentioning that OKX supports an extensive list of fiat currencies, making it convenient for users from different regions to deposit and withdraw funds. The crypto exchange accepts about 45 fiat options, including USD, EUR, GBP, CAD, AED, HKD, INR, JPY, SAR, and more. This wide range of fiat support simplifies the process for day traders who need to quickly convert their funds and start trading without having to use third-party services for currency conversion.

One of the standout features of OKX is the OKX wallet, which positions itself as the “portal to Web3.” This wallet offers a comprehensive solution for traders and crypto enthusiasts alike, providing not only a secure crypto hot wallet but also access to a decentralized exchange (DEX), an NFT marketplace, and decentralized applications (DApps). Supporting over 30 networks, including major blockchains like Bitcoin, Ethereum, BNB Chain, Solana, Polygon, Avalanche, and Fantom, the OKX wallet allows users to manage their assets across multiple ecosystems from a single platform.

In terms of security, the OKX wallet is designed to offer a balance between ease of use and safety, providing users with control over their private keys. This feature is invaluable for day traders who are increasingly venturing into decentralized finance (DeFi) and NFTs, as it allows them to explore opportunities across Web3 without compromising security.

OKX Review 2024: Trading Features, Fees, and Security

OKX Referral Code

Claim Your Share of the 60,000 USDT Prize Pool!

Deposit & Trade This Month

Code Valid: May 2025

9. Bitfinex

  • Trading Fees: 0.1% maker fees and 0.2% taker fees.
  • Cryptocurrencies Supported: 170+
  • Fiat Currencies Supported: USD, EUR, GBP, and JPY.

Bitfinex

Launched in December 2012, Bitfinex is the oldest platform in our list of the best crypto exchanges for day trading. Known for its advanced trading features and professional-grade tools, Bitfinex is particularly appealing to experienced day traders who require sophisticated functionalities to implement complex strategies.

One of Bitfinex’s standout features is its customizable user interface, which allows traders to personalize the platform to their preferences. Traders can arrange charts, order books, and other trading tools in a way that suits their trading style, enabling a more personalized experience. The platform’s advanced charting capabilities, supported by TradingView, provide real-time data, multiple timeframes, and a variety of technical indicators that traders can use to analyze the market and make informed decisions.

Bitfinex also offers margin trading with leverage of up to 10x, allowing traders to maximize their positions. This feature is particularly useful for day traders who want to increase their potential profits by borrowing funds to trade large positions. On top of that, it supports a variety of order types, including market, limit, stop, trailing stop, fill or kill, and hidden orders. This range of order types gives traders the flexibility to implement advanced strategies and automate certain aspects of their trading. For example, a trailing stop order allows traders to lock in profits while still letting their positions grow if the market moves in their favor.

Bitfinex is also known for its advanced security features, which are critical for day traders who need to keep their funds safe while executing multiple trades throughout the day. The platform uses multi-signature wallets, 2FA, and an API key permission system that allows traders to restrict access to certain functions. These security features provide peace of mind to traders who are actively managing large sums of capital.

10. Pionex

  • Trading Fees: 0.05% maker and taker fees.
  • Cryptocurrencies Supported: 350+
  • Fiat Currencies Supported: USD, EUR, GBP, CAD, JPY, RON, TRY, RUB, and more.

Pionex

Pionex is a unique cryptocurrency exchange that sets itself apart from other platforms by offering built-in trading bots, making it especially attractive to crypto day traders who want to automate their trading strategies. With 16 free trading bots available, Pionex is a powerful platform for both beginners and experienced traders looking to take advantage of automation in the fast-moving world of crypto day trading.

One of the key features of Pionex is its grid trading bot, which helps traders buy low and sell high within predefined price ranges. This strategy works well in volatile markets, allowing day traders to capture profits from frequent price fluctuations without having to monitor the market constantly. Another popular bot is the arbitrage bot, which takes advantage of price differences between spot and futures markets to generate risk-free profits. These bots enable traders to automate strategies that would otherwise require manual attention and expertise, making Pionex an appealing option for those looking to streamline their day trading process.

In addition to its automated trading capabilities, Pionex provides manual trading options for those who prefer to trade without bots. The platform offers a user-friendly interface with real-time charts, technical tools, and various order types, including limit and stop-limit orders. This ensures that crypto day traders who prefer a traditional trading experience have all the necessary tools at their disposal.

Pionex’s fee structure is another major benefit for day traders. The platform charges a flat 0.05% fee for both makers and takers, which is among the lowest in the industry. This low-cost trading environment is particularly advantageous for day traders who execute multiple trades in a single day, as it helps them retain a higher portion of their profits. The competitive fees, combined with the platform’s automation tools, make Pionex a highly cost-efficient option.

Comparison: Top Crypto Exchange For Day Trading

Maker Fee Taker Fee Cryptos Supported Fiat Supported Weekly Visits
Binance 0.1% 0.1% 410+ 11 11,842,674
Coinbase 0.4% 0.6% 250+ 3 34,433
MEXC 0.0% 0.02% 2450+ 15 3,080,579
KuCoin 0.1% 0.1% 800+ 48 1,155,335
ByBit 0.1% 0.1% 650+ 6 4,468,029
Kraken 0.25% 0.4% 300+ 7 856,792
Crypto.com 0.15% 0.3% 360+ 2 502,172
OKX 0.08% 0.1% 300+ 46 5,081,186
Bitfinex 0.1% 0.2% 170+ 4 88,004
Pionex 0.05% 0.05% 350+ 18 731,951

What is Crypto Day Trading?

Crypto day trading refers to the practice of buying and selling cryptocurrencies within a single trading day to take advantage of short-term price movements. Contrary to long-term investing, where investors hold onto assets for extended periods, day traders aim to make quick profits by capturing small price actions throughout the day. This strategy is highly popular in the cryptocurrency market due to its volatility, where prices can rise or fall significantly in a short time.

Unlike traditional financial markets, the cryptocurrency market operates 24/7, offering day traders constant opportunities to enter and exit positions. Traders typically use technical analysis tools, such as charts, indicators, and patterns, to identify trends and make informed decisions. Since prices in the cryptocurrency market can be highly unpredictable, day trading requires constant attention, quick decision-making, and a deep understanding of market conditions.

Day trading can be highly profitable, but it also carries significant risks. The volatility of cryptocurrencies means that while large gains are possible, traders can also experience rapid losses. To mitigate risk, many traders use tools like stop-loss orders, which automatically sell assets if prices drop below a certain point.

Benefits and Risks of Crypto Day Trading

Crypto day trading offers a unique blend of opportunities and challenges. On one hand, it provides the potential for high returns and the flexibility to trade at any time. On the other hand, it comes with significant risks that require careful management.

Benefits

  • Potential for High Returns: Crypto day trading can be highly lucrative due to the volatility of the market. Prices of cryptocurrencies can fluctuate significantly within short timeframes, creating opportunities for traders to profit from rapid price movements.
  • 24/7 Market Access: Unlike traditional stock markets, which operate during specific hours, cryptocurrency markets never close. This allows traders to buy and sell assets at any time of day or night, providing greater flexibility and the ability to capitalize on global market developments in real-time.
  • Liquidity and Diverse Trading Options: With a vast array of cryptocurrencies and exchanges, crypto markets often offer significant liquidity, allowing traders to enter and exit positions easily. Day traders can also use various trading pairs and instruments, such as futures and leveraged trading, to increase their profit potential.
  • Minimal Barriers to Entry: Crypto day trading requires relatively little initial capital compared to other forms of trading. With low deposit thresholds and access to fractional trading, individuals can start with a modest investment and scale up as they gain experience.
  • Global Access and Decentralization: Cryptocurrencies are decentralized and operate independently of traditional financial institutions. This enables traders from any part of the world to participate in the market, often without needing to go through banks or other intermediaries, reducing transaction costs and speeding up trades.

Risks

  • High Volatility: While volatility can create profit opportunities, it also introduces significant risk. Prices can swing dramatically in either direction within minutes, and unexpected market movements can lead to heavy losses, especially for traders using leverage.
  • Emotional and Psychological Stress: Day trading can be extremely demanding, as traders must constantly monitor price charts, news, and market developments. The fast-paced nature of the market can cause emotional stress, leading to impulsive decisions, which may result in poor trades or missed opportunities.
  • Leverage Risks: Many crypto exchanges offer leveraged trading, where traders can borrow funds to increase their positions. While leverage can amplify profits, it also magnifies losses, and in some cases, traders can lose more than their initial investment.
  • Market Manipulation: The crypto market is relatively young and can be susceptible to manipulation by whales (large holders of cryptocurrencies), pump-and-dump schemes, or other forms of coordinated market activity. This makes it difficult for smaller traders to predict price movements based on technical analysis alone.

How to Choose a Crypto Day Trading Platform

Choosing the right crypto day trading platform requires careful consideration of several key factors that directly impact profitability and security. Below are some essential criteria to evaluate when selecting a platform:

Fees

Fees play a crucial role in day trading since frequent buying and selling can quickly erode profits. You should look for exchanges that offer competitive trading fees, ideally with tiered structures or fee discounts for high-volume traders. Pay attention to both maker and taker fees, as well as hidden costs like withdrawal fees or deposit fees that could affect your bottom line.

Slippage

Slippage refers to the difference between the expected price of a trade and the actual price at which it is executed. In fast-moving markets, slippage can significantly impact profits. To minimize slippage, choose an exchange with high liquidity and fast order execution speeds. It’s especially important for traders dealing with volatile cryptocurrencies or high-frequency trading strategies.

Security

Day traders handle large volumes of assets frequently, making security a top priority. Ensure the exchange employs strong security measures, such as two-factor authentication (2FA), cold storage for the majority of user funds, and protection against hacking.

Location

The location of the exchange can affect both its regulatory environment and the services offered. Some exchanges may have restrictions on who can trade based on geographic location, so ensure the platform is accessible in your country. Moreover, exchanges based in well-regulated jurisdictions often provide more legal protection and consumer rights than those in loosely regulated regions.

Cryptocurrencies Available

As a day trader, access to a wide range of cryptocurrencies is essential to exploit market opportunities across different assets. Look for exchanges that offer a diverse selection of coins and trading pairs. Having access to both major cryptocurrencies like Bitcoin and Ethereum, as well as emerging altcoins, allows for more flexibility in your trading strategies.

How Is Crypto Day Trading Taxed?

Crypto day trading is generally taxed similarly to other forms of trading, with taxes based on capital gains or income, depending on the specific circumstances. Below is a breakdown of how crypto day trading is typically taxed:

Capital Gains Tax

In many countries, profits from crypto day trading are treated as capital gains. The tax rate depends on the duration you hold the asset:

  • Short-term capital gains: For assets held for less than a year, gains are usually taxed at the same rate as your regular income.
  • Long-term capital gains: For assets held longer than a year, a lower tax rate may apply in some jurisdictions, though day traders rarely benefit from this since they trade frequently.

Income Tax

In some cases, if trading is considered your primary occupation, or if you’re classified as a professional trader, profits may be taxed as regular income rather than capital gains. This could result in a higher tax rate, depending on your income bracket.

Taxable Events

Every time you sell or trade crypto, it creates a taxable event. You need to report each trade, including the cost basis (the original price you paid) and the price at which you sold, to calculate your capital gains or losses.

Deducting Losses

Losses from day trading can usually be deducted from your taxable gains, reducing the overall tax liability. In some regions, losses can even be carried forward to offset future gains.

Record Keeping

Accurate record-keeping is essential since you’ll need to report each trade. This includes the date of purchase and sale, amounts, prices, and fees.

Crypto Day Trading Strategies

Scalping

Scalping is one of the high-frequency trading strategies, and it involves making a series of small, quick trades to make the most of minor price movements. Scalpers typically use advanced analysis tools and algorithms to identify market data and execute these trades rapidly.

Momentum Trading

This strategy focuses on buying or selling assets that are experiencing significant price momentum. Momentum traders look for assets that are moving rapidly in a particular direction and aim to ride the wave of the trend. Technical momentum indicators, such as moving averages, MACD (Moving Average Convergence/Divergence), and RSI (Relative Strength Index), are commonly used for such trading strategies.

Arbitrage

Arbitrage is another day trading strategy for the cryptocurrency market in which traders try to exploit price differences between different exchanges to profit without taking on market risk. They use sophisticated software to monitor prices across multiple exchanges and identify discrepancies. When they find an opportunity, they simultaneously buy on the exchange with the lower price and sell on another exchange with the higher price.

Range Trading

Traders who use this strategy trade within a defined price range, buying at support levels and selling at resistance levels. Range traders identify horizontal or diagonal lines on the chart that represent areas where the price is likely to find support or resistance.

How to Start Crypto Day Trading?

Starting crypto day trading requires a combination of preparation, strategy, and the right tools. Evaluating day trading crypto platforms is crucial to ensure you make informed decisions in this dynamic market. Here’s a step-by-step guide to help you begin:

1. Research and Understand the Market

Before you start trading, it’s essential to learn the basics of the cryptocurrency market. Understand how different cryptocurrencies work, market trends, and the factors that influence price movements.

2. Choose the Right Exchange

Selecting a reliable day trading crypto platform is crucial. Look for platforms that offer low fees, high liquidity, and a variety of tools to assist with day trading. Moreover, it’s also important to use a crypto exchange that suits your individual needs and preferences better.

3. Set Up an Account

Once you’ve chosen your day trading exchange, set up your account. Complete the necessary verification steps to ensure your account is secure. Activate two-factor authentication (2FA) and other security measures to protect your funds.

4. Fund Your Account

Deposit funds into your exchange account, either by transferring cryptocurrency or using fiat currency. Make sure to check the fees associated with deposits and withdrawals. The payment method can vary depending on your geographical region.

5. Develop a Strategy

Successful crypto day traders rely on a well-defined strategy. Whether it’s scalping, range trading, or trend following, decide on a method that suits your risk tolerance and trading goals. Practice technical analysis and use tools like stop-loss orders to minimize risk.

6. Start Small

As a beginner, start with small trades to understand how the market operates in real time. This will allow you to gain experience without risking large amounts of capital.

Conclusion

Choosing the right day trading platform is a big step that can directly impact your success as a crypto day trader. Each exchange offers a unique set of features, tools, and fees, which is why it’s essential to assess your unique trading needs and goals before making a decision. Before committing to any platform, consider factors such as security, ease of use, fee structures, and how well the exchange complies with local regulations in your area.

Lastly, always approach day trading with caution. The volatility of the crypto market can lead to significant gains, but it also comes with high risks. Financial experts advise never to invest more than one can comfortably afford to lose.

Frequently Asked Questions

What is the difference between crypto day trading and investing?

Crypto day trading involves buying and selling assets within a single day to profit from short-term price movements, while investing focuses on holding assets for long-term gains.

Is there a fee for day trading on crypto exchanges?

Yes, most exchanges charge a trading fee, typically based on a maker-taker model, with rates varying between platforms.

Can I start crypto day trading with a small amount?

Yes, you can start with a small amount, but it’s important to be mindful of fees and risks, especially with lower capital.

Is day trading crypto risky?

Day trading crypto assets involves a high level of risk due to the market’s volatility, which can lead to significant losses if traders are not careful.

The post 10 Best Crypto Exchanges for Day Trading in 2025 appeared first on NFT Evening.

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What Are NFT Games and How Do They Work? https://nftevening.com/what-are-nft-games/?utm_source=rss&utm_medium=rss&utm_campaign=what-are-nft-games Wed, 11 Sep 2024 01:48:24 +0000 https://nftevening.com/?p=140026 Ever wondered how you could own a unique, digital asset within a game? Welcome to the world of NFT games. When applied to gaming, NFTs can represent in-game items, characters,

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Ever wondered how you could own a unique, digital asset within a game? Welcome to the world of NFT games. When applied to gaming, NFTs can represent in-game items, characters, or even entire worlds.   

In this guide, we’ll discuss what are NFT games, explore different types of NFT gaming, and highlight some of the best NFT games in the crypto industry.

What Are NFTs?

Non-Fungible Tokens, or NFTs, are one-of-a-kind digital assets kept on a blockchain. Unlike typical digital files, which are easily replicated, each NFT is unique and cannot be replaced with another. 

NFTs can represent a wide range of digital assets, including artwork, antiques, domains, and even virtual real estate. They enable digital artists to verify and market their work, as well as collectors to acquire unique digital assets. The blockchain technology that powers NFTs protects their legitimacy and scarcity, making them valuable and appealing to purchasers.

What Are NFT Games?

The NFT games meaning is the intersection of blockchain technology and the video game industry. In these games, players can acquire, possess, and even trade unique digital assets represented as NFTs. 

These NFTs can take various forms, such as in-game items, characters, virtual real estate, or other game-specific elements. The key advantage of NFT games is that they provide players with verifiable and transferable ownership of their digital possessions. 

This allows for the creation of new economic models within the game ecosystems, where players can potentially profit from buying, selling, or exchanging their NFT holdings. Check out our guide on the best NFTs to buy right now.

How do NFT games work?

In these games, NFTs represent items like characters, weapons, or virtual land. Each NFT is unique and owned by the player, allowing them to buy, sell, or trade these items with others. This is different from traditional gaming where in-game items are controlled by the game developers and cannot be traded outside the game.

NFT games operate on blockchain networks, which record all transactions securely. Players can earn NFTs by completing tasks, winning battles, or simply exploring the game world. Some games also allow players to earn cryptocurrency as rewards.

What are play-to-earn games & In-game NFTs?

Play-to-earn games are video games where you can earn rewards, usually in the form of digital assets like cryptocurrencies or NFTs, by playing. These games use blockchain technology, allowing you to own, buy, sell, or trade in-game items for real-world value. The more you play and achieve, the more you can earn.

In-game NFTs are unique digital items within these games, like characters, skins, weapons, or virtual land, which you truly own.

For example, Axie Infinity is a play-to-earn game where you can collect, breed, and combat digital pets known as Axies.

The Benefits of NFT Games

NFT games offer several benefits that distinguish them from traditional video games. These advantages include ownership, immutability, interoperability, and scarcity

Ownership

One of the most fundamental advantages of NFT games is the notion of actual ownership. Traditional games do not allow players to own the stuff they gather. The game creator owns the rights to the in-game assets, which can be deleted or amended at any moment. 

NFT games provide players with true ownership of their in-game assets. Each item is an NFT kept on a blockchain, therefore it belongs to the user, not the game producer. This ownership is protected by blockchain technology, rendering it tamper-proof and transferable. Players can purchase, sell, and trade their assets as they see fit, resulting in a new economy within the gaming world.

Immutability

Immutability means that once an item is created on the blockchain, it cannot be changed or deleted. This feature ensures that in-game assets remain consistent and reliable. 

In the traditional gaming landscape, developers can make changes that affect the value or functionality of in-game items, often without the consent of the players. However, in NFT games, the immutability of the blockchain protects the integrity of each item. 

Players can trust that their assets will remain as they are, providing a stable and secure gaming environment. This reliability helps to build trust between players and developers, as players can be sure that their investments in the game are safe and secure.

Interoperability

Interoperability is a unique feature of NFT games that traditional games lack. In traditional games, items and assets are locked within the game’s ecosystem and cannot be used outside of it. 

However, NFT games use blockchain to enable interoperability between different games and platforms. This means that players can use their NFT items across multiple games or virtual worlds. 

For example, an NFT item earned in one game might be used in another, or a character skin could be transferred between different games that support the same blockchain networks like Ethereum or Solana.

Interoperability also encourages collaboration between different NFT game developers, leading to a more connected and expansive gaming ecosystem.

Interoperability of NFT gaming

(Sources: Chainlink)

Provable scarcity

In traditional games, items can be duplicated or endlessly reproduced by developers, which can lead to inflation and reduce the value of rare items

In NFT games, each item is unique or exists in a limited quantity that is verified by the blockchain. This scarcity is provable because the blockchain provides a transparent and immutable record of each asset’s existence. Players can verify the rarity of their items, making them more valuable and desirable. 

This scarcity drives demand and can lead to a thriving market for rare and unique in-game assets. Players can benefit from this market by trading or selling their scarce items for profit,

Top NFT Games (Examples)

NFT Game Type of Game Supported Blockchain(s) Total Sales Volume
Axie Infinity Play-to-Earn Ethereum and Ronin $4.3 billion
Sorare Fantasy Sports Ethereum (Starkware) $740 million
Gods Unchained Trading Card Game Ethereum and ImmutableX $448 million
Splinterlands Trading Card Game WAX $4.93 million
Alien Worlds Simulation Game WAX $34.57 million

(Data Source: DappRadar)

1. Axie Infinity

Axie Infinity Play to Earn Game

Axie Infinity is the best play-to-earn NFT game created by Sky Mavis, where players engage in a fantasy world populated by creatures known as Axies. Each Axie is an NFT with distinct characteristics, making them collectible and valuable. To begin, you need to acquire at least 3 Axies, which can be purchased from the Axie Infinity marketplace.

The game operates on the Ethereum blockchain, utilizing two main cryptocurrencies: Axie Infinity Shards (AXS) and Smooth Love Potion (SLP)

AXS serves as the governance token. This allows players to vote on important game updates and changes. SLP is used primarily for breeding new Axies, a key feature of the game. You earn SLP tokens by participating in battles, completing daily quests, and advancing through the Adventure mode.

Axie Infinity has seen significant success, boasting over 2.7 million players. Some rare Axies have sold for over $100,000, highlighting the game’s economic potential. The game also incorporates a land ownership system, allowing you to purchase and trade land plots within the Axie universe. These plots can be utilized for gathering resources, constructing structures, and battling monsters.

2. Sorare

Sorare Football Game

Sorare merges the worlds of fantasy football and NFT technology, offering a unique gameplay experience. Developed by Sorare, the game allows players to collect digital cards of real-world football players, each represented as an NFT. These cards can be used to build fantasy teams and compete in tournaments.

Sorare collaborates with over 200 football clubs, including notable teams like Paris Saint-Germain, Liverpool, and Bayern Munich, to provide a diverse range of player cards. The cards come in different rarity levels: Common, Rare, Super Rare, and Unique, with rarer cards generally having higher value.

Players assemble teams of five, including a goalkeeper, defender, midfielder, forward, and one additional player of their choice. Teams earn points based on the real-life performance of the footballers in their lineup. High-performing teams can win rewards, including new cards and Ethereum (ETH) tokens.

3. Gods Unchained

Gods Unchained NFT Trading Card Game

Gods Unchained is a free-to-play NFT trading card game. It is on the Ethereum network. The game revolves around strategic deck-building and skillful gameplay, where players assemble decks of cards that represent gods, creatures, spells, and relics

Each deck is centered around one of the six gods, each with its own unique playstyle and abilities. Players engage in turn-based battles against others, aiming to reduce their opponent’s life to zero. Strategic decisions, rather than luck, play a major role in the outcome of each match. 

Players earn new cards by winning matches and participating in various game modes such as Solo, Ranked, and Direct Challenge. These earned cards can be upgraded or traded on the marketplace, thanks to their NFT nature. The play-to-earn model allows players to gain tangible value from their skills and time spent in the game. 

Cards in Gods Unchained come in various rarities, including Common, Rare, Epic, Legendary, and Mythic, with Mythic cards being the rarest and most valuable. The game also features a native token called $GODS, which can be used for crafting new cards, staking, and governance within the game’s ecosystem. Players earn $GODS tokens through gameplay, which enhances the play-to-earn experience by rewarding active participation.

4. Splinterlands

Splinterlands NFT-based Trading Card Game

Splinterlands is an NFT-based trading card game where you can collect, trade, and battle with digital cards. The game is inspired by fantasy themes, featuring various monsters, spells, and abilities.

In Splinterlands, you collect cards that represent different creatures and abilities. Cards come in different rarities and types, including monsters and summoners. They belong to different factions called Splinters, like Fire, Water, Earth, Life, Death, and Dragon. These factions have unique strengths and abilities, adding strategy to your gameplay.

The battles in Splinterlands are automated, but you set the strategy by choosing your cards before each match. You must consider the mana cap, which limits how many cards you can use, and your opponents’ potential strategy. Winning battles can earn you rewards such as Dark Energy Crystals (DEC), the in-game currency, and additional cards.

Splinterlands runs on the Hive blockchain, which ensures that all transactions are transparent and secure. The game also offers daily quests and seasonal rewards to keep you engaged. You can join guilds, participate in tournaments, and climb the ranks on the leaderboard. Splinterlands is free to start, but investing in cards or booster packs can improve your chances in battles.

5. Alien Worlds

Alien Worlds Blockchain Game

Alien Worlds is a blockchain-based NFT game where you explore different planets, mine resources, and engage in various missions. You earn a cryptocurrency called Trilium (TLM), which is used for in-game activities and governance. 

The game operates across multiple blockchains, including WAX, Ethereum, and BNB Smart Chain, allowing you to move TLM between chains using “teleporting”.

To start playing, you must set up a WAX Cloud Wallet and create an Explorer profile. You can choose a planet to mine on and equip mining tools to extract TLM. Mining is one of the core activities, and each land plot has different attributes that affect your mining results. Besides mining, you can participate in missions involving sending spacecraft on adventures to earn NFTs and other rewards.

Conclusion

NFT games mix blockchain tech with video games, letting players truly own and trade digital items. Understanding what are NFT games and how they work shows how they can change gaming. These games offer different experiences, like play-to-earn and trading cards. 

Top crypto games such as Axie Infinity and Sorare highlight how players can earn and have fun. Exploring NFT games can offer new ways to play and profit, making them a unique and exciting part of the gaming world.

FAQs

Can I lose money playing NFT games?

Yes, it is possible to lose money when playing NFT games. There are several ways this can happen:

  • Buying in-game items: Many popular NFT games require you to purchase digital items to play. These items can be expensive. Their value may drop over time.
  • Trading losses: Players often trade NFTs with each other. The value of NFTs can be volatile. You might sell an NFT for less than you paid for it.
  • Game shutdown: If the company running the game closes, your NFTs may become worthless.
  • Scams: Some NFT games are not legitimate. They may take your money without giving you anything in return.
  • Gas fees: Blockchain transactions often require fees. These fees can add up quickly.
  • Time investment: Playing NFT games takes time. This time could be spent on other activities that make money.

To avoid losses, research games carefully before playing. Set a budget and stick to it. Be aware that NFT values can change rapidly.

Do NFT games make money?

Yes, NFT games can provide possibilities to earn money, although the results vary widely across players. These games frequently use a “play-to-earn” paradigm, in which players earn incentives, such as NFTs or in-game tokens, by performing tasks, engaging in fights, or reaching particular goals. 

These awards or NFTs can be exchanged or sold on numerous marketplaces, potentially making a profit. The profitability is also determined by the game’s popularity, the market value of the NFTs, and your ability to make strategic judgments. 

Are NFT games legal?

NFT games are legal in most nations, however rules may vary depending on local legislation. In general, NFT transactions and the earnings potential they generate must adhere to financial and digital asset restrictions. 

For example, in certain jurisdictions, NFTs are treated similarly to other digital assets like Bitcoin, which means they may be subject to taxes. In other regions, unique rules may apply, especially if the game mechanics mimic gambling or investment schemes. 

Before playing in NFT games, you must first comprehend your country’s or region’s legal situation.

How to play NFT games?

Playing NFT games involves several steps:

  1. Choose a game: Research different NFT crypto games. Find one that interests you.
  2. Set up an NFT wallet: You need a crypto wallet to store your NFTs and cryptocurrency.
  3. Buy cryptocurrency: Most NFT games require you to use specific cryptocurrencies.
  4. Create an account: Sign up on the game’s platform.
  5. Acquire starter NFTs: Some games give you free NFTs to start. Others require you to buy them.
  6. Learn the rules: Each game has its own mechanics. Study how to play effectively.
  7. Start playing: Begin with simple actions. Gradually learn more complex strategies.
  8. Join the community: Many NFT games have active player communities. These can be helpful for learning.

What are the different types of crypto NFT games?

NFT games are classified into several categories, each with its own set of gameplay and earning chances. Players can earn cryptocurrencies or NFTs by performing chores or winning fights in play-to-earn games, such as “Axie Infinity”. 

Trading card games, such as “Gods Unchained,” feature strategic fights and NFT-based cards. Virtual worlds, such as “The Sandbox” and “Decentraland,” provide immersive landscapes in which people can own land and create activities. 

You can trade and compete using digital athlete cards in sports and fantasy football game, such as “Sorare”. Other categories include RPGs like “Illuvium”, simulation games like “Alien Worlds”, and art-based games centered on music or creativity.

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8 Best Upcoming NFT Projects to Invest in 2024 https://nftevening.com/best-upcoming-nft-projects/?utm_source=rss&utm_medium=rss&utm_campaign=best-upcoming-nft-projects Tue, 10 Sep 2024 13:31:07 +0000 https://nftevening.com/?p=139987 NFTs, or Non-Fungible Tokens, are shaking up the digital world. These unique assets are more than just digital art; they represent a new ownership model for everything from collectibles to

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NFTs, or Non-Fungible Tokens, are shaking up the digital world. These unique assets are more than just digital art; they represent a new ownership model for everything from collectibles to real estate. As the NFT market continues to grow, it’s crucial to stay ahead and identify the best upcoming NFT projects. These projects could offer significant returns on investment, making them a hot topic for investors and enthusiasts alike.

List of Top 8 New NFT Projects for 2024

Here is our list of 8 upcoming best NFT projects to invest in and look for:

  1. The Secret List NFT – Exclusive 3D animated membership cards for automotive enthusiasts, offering access to rare vehicle deals.
  2. Radicals – Hyper-realistic 3D animated fashion NFTs on Solana, featuring customizable digital wearables.
  3. NOSE – Unique digital identities on Cardano with staking benefits and ecosystem perks.
  4. TAP45 The American President NFT – Presidential history collection with profit-sharing merchandise opportunities.
  5. ChiroosNFT – Quirky alien adventures on Base blockchain, coupled with a meme coin for in-universe activities.
  6. Xylocats Eclipse – Space-themed cat NFTs on Ethereum, each with distinct armor reflecting its region in the Xylocat universe.
  7. ZNF-COIN – Collectible digital coins with guaranteed initial value and potential for growth as the project develops.
  8. The Harambians – Harambe-inspired gorilla NFTs with a play-to-earn game mechanic and token rewards.

Best Upcoming NFT Projects Reviewed

The Secret List NFT

The Secret List NFT

Launched Date Blockchain Mint Price MarketPlace
Sep 01 – Sept 08, 2024 Ethereum 0.03 ETH OpenSea

The Secret List NFT is an upcoming NFT collection launching between September 1 and 8, 2024, on the Ethereum blockchain. The collection features 10,000 unique NFTs, each designed as a 3D animated membership card. These NFTs offer access to Level 3, which is a private and exclusive part of the project, focusing on off-market automotive deals. Holders gain special perks like early access to new listings, exclusive events, discounts on services, and limited-edition merchandise.

The collection includes different types of cards, each with varying availability: Red Diamond (100 pieces), Diamond (400 pieces), Black Opal (1,500 pieces), Gold (3,000 pieces), and Black Metal (5,000 pieces). 

These cards offer exclusive access to valuable deals, ranging from rare vehicle finds to extraordinary collections, making them highly desirable for car enthusiasts and collectors. The project aims to build a community of like-minded individuals passionate about unique automotive experiences and investment opportunities.

Radicals

Radicals

Launched Date Blockchain Mint Price MarketPlace
August 31 – Sept 07, 2024 Solana 1 SOL Magic Eden

Radicals is an innovative NFT project set to launch on the Solana blockchain, blending art and fashion through hyper-realistic 3D animation. This collection features 5,140 unique NFTs, each showcasing high-quality digital wearables and accessories. 

The NFTs are not just simple art pieces but fully 3D animated characters that are manually rendered to ensure the highest level of detail. The project is led by a duo of experienced 3D artists committed to pushing the boundaries of digital fashion.

What makes Radicals stand out is its focus on real-time simulated art, offering customization options with various traits like unique skins, garments, and accessories. The NFTs allow owners to personalize their characters, making each piece a reflection of individual style. 

Post-launch plans include a staking system where NFT holders can earn rewards like real-life apparel and upgrades for their digital outfits.

NOSE

The Nose PFP Collection

Launched Date Blockchain Mint Price MarketPlace
Sep 01 – Sept 08, 2024 Cardano 8 ADA Jpg.store

The Nose PFP Collection is an upcoming NFT project on the Cardano blockchain, offering unique digital identities as part of its ecosystem. Each PFP (Profile Picture) represents a digital persona you can own and showcase. This upcoming NFT project includes 4,000 NFTs in its collection.

The collection introduces a character named $NICE, and it emphasizes not just the art but also the utility within the Nose ecosystem. Holders of these NFTs gain exclusive access to channels, staking opportunities, and other benefits like token and NFT drips, which are incentives given to holders over time.

TAP45 The American President NFT

TAP45 The American President NFT

Launched Date Blockchain Mint Price MarketPlace
Sep 18 – Sept 25, 2024 Polygon 115 MATIC OpenSea

The TAP45: The American President NFT is an upcoming collection featuring 8,888 unique NFTs that blend American presidential history with a steampunk art style. The collection includes 8,000 popular presidents, 800 other notable figures, 70 allies and foes, and 18 special characters known as “The Visitor”. Each NFT offers various traits and attributes that add uniqueness to each piece.

The NFTs are minted on the Polygon blockchain. Early buyers get access to a profit-sharing merchandise store, where owners earn 50% of the sales profits. 

Airdrops and mystery trait reveals add excitement, with owners of five or more NFTs gaining exclusive access to special art. The project offers a unique mix of art and satire, creating a distinct experience that celebrates presidential history in a parallel universe.

ChiroosNFT

ChiroosNFT

Launched Date Blockchain Mint Price MarketPlace
Sep 30 – Oct 07, 2024 Base 0.005 ETH OpenSea

ChiroosNFT is an upcoming collection of 6,666 unique NFTs featuring Zog, an alien character on his adventures through the whimsical world of Quirkonia. Each NFT in the collection is designed with a mix of traits, making each one distinct. The project is set to launch on September 30, 2024, on the Base blockchain, known for its scalability and eco-friendly operations. 

In addition to the NFTs, the project also introduces a Chiroos Meme Coin ($CHI), which can be used for various activities, including unlocking exclusive features, buying merchandise, and accessing premium content within the Chiroos metaverse.

You can mint your unique ChiroosNFT during the NFT drop period from September 30 to October 7, 2024, on marketplaces like OpenSea.

Xylocats Eclipse

Xylocats Eclipse

Launched Date Blockchain Mint Price MarketPlace
Nov 01 – Nov 08, 2024 Ethereum 0.05 ETH OpenSea

Xylocats Eclipse is an NFT project featuring 10,000 unique digital artworks of space-themed cats that combine magic and technology. Each cat wears distinctive armor and costumes that reflect its region within the Xylocat universe. 

The story behind the NFTs is centered around “The Archeologist”, who was transported to the Xylocat world in the year 2400 and sent data back through space transmissions.

These NFTs are minted on the Ethereum blockchain, ensuring that each artwork is one-of-a-kind. The initial mint price is set at 0.05 ETH, which is half the cost of future releases, which will be priced at 0.1 ETH. By minting a Xylocat NFT, collectors not only own a piece of digital art but also contribute to uncovering more of the ongoing story of the Xylocats.

ZNF-COIN

ZNF-COIN

Launched Date Blockchain Mint Price Mint MarketPlace
September 10, 2024 Ethereum 0 – 0.15 ETH ZNF-COIN Website

ZNF-COIN Collectible NFTs is a collection of 10,500 digital coins split into six series. Each series of NFTs has two distinct values. 

The Initial Series Value (ISV) represents the stable, basic worth of each NFT, which guarantees that owners can sell them back at this value. The second value, known as the Blockchain Value (BV), increases as the project develops, offering potential growth for investors.

These NFTs are stored on the Ethereum blockchain using the ERC-721 standard, which ensures their uniqueness and security. They are also hosted on IPFS, a system that enhances data protection.

The Harambians

The Harambians

Launched Date Blockchain Mint Price MarketPlace
September 12, 2024 Ethereum 0.05 ETH Magic Eden

The Harambians is another upcoming NFT project. It is based on the idea of special gorillas. These gorillas come from the DNA of a famous gorilla named Harambe. The project has 3,333 unique digital pictures of these gorillas. These pictures are called PFPs, which means profile pictures.

In the story of this project, the Harambians are sleeping in special pods. They need something called “Thermal Boosters” to wake up. These boosters are rare and important in the game.

When you join The Harambians, you get many cool things. You can earn free $RAMBE tokens just by keeping your NFT. You also get chances to win rare NFTs and tokens. You’ll be able to buy new tokens before others can. If you play the game, you’ll pay less for things. Your NFT will earn more rewards when you stake it. And you’ll be one of the first to try out the new game.

In the game, you’ll dig for resources to keep your pod working. Then you’ll make Thermal Boosters to wake up your own unique Harambian. When you do this, you’ll get $RAMBE tokens as a reward.

What is an NFT Project?

An NFT project is a collection of unique digital items that can be bought, sold, or traded. NFT stands for “non-fungible token”. This means each digital collectible project is one-of-a-kind and can’t be replaced by anything else.

NFT projects often focus on digital art, but they can include many other things too. Some examples are virtual land in online worlds, music files, videos, or even tweets. The key is that each item has a certificate of digital ownership stored on a blockchain. This proves who owns it and makes it possible to buy and sell NFTs.

Many NFT projects release a set number of items all at once. For instance, an artist might create 10,000 unique cartoon characters. Each one would be slightly different, with various traits like hairstyles, outfits, or backgrounds. Buyers can purchase these characters as NFTs.

Other projects release NFTs over time or let users create their own. The main goal is to build a community of people interested in owning and trading these digital items. Some projects also offer special perks to NFT owners, like access to events or voting rights on future decisions.

Some of the top NFT projects to buy are Bored Ape Yacht Club, Crypto Punks, and Solana Monkey Business.

Are NFTs Worth Investing In?

Investing in NFTs in 2024 can be both promising and risky. The NFT landscape is expected to grow to $80 billion by 2025, showing a strong demand for unique digital assets. NFTs also offer new ways to earn money, such as trading or using them in games, and can diversify your investment portfolio. 

However, the market is highly volatile, with over 99% of NFTs losing value quickly. Many NFTs lack real-world utility and are speculative in nature. So, careful research is crucial to avoid significant losses. You can also read our in-depth guide on the NFT market value in 2030.

How to Find Future NFT Projects?

Finding promising upcoming NFT projects takes time and research. Here are some methods to discover new projects:

1. Check NFT Calendar

NFT calendars are websites that list upcoming NFT releases. They show information like the project name, release date, and sometimes a brief description. 

Popular calendars include NFT Evening Drops, Rarity Sniper, and NFT Drop Calendar.

Using these calendars can help you stay informed about new projects. You can see what’s coming up and plan which ones interest you. However, remember that being listed on a calendar doesn’t guarantee a project’s quality or success.

2. Explore Top NFT Marketplaces

Major NFT marketplaces often feature new and upcoming projects. Sites like OpenSea, Rarible, and Nifty Gateway have sections for new releases. Browsing these can help you spot interesting projects before they become widely known.

These platforms also show trading volume and price history for existing projects. This can give you an idea of what types of NFTs are popular and how prices change over time.

3. Check Out Social Media

Social media is a key place to find NFT projects early. Many projects build their communities on Twitter and Discord before launching. Following NFT creators, collectors, and news accounts can help you discover new projects.

On Twitter, look for accounts that regularly share information about new NFTs. Join Discord servers related to NFT trading and creation. These often have channels dedicated to upcoming projects.

Remember to be cautious on social media. There are many scams and misleading promotions.

Where to Buy Upcoming NFT Projects?

Once you’ve found the best upcoming NFT project you’re interested in, there are several places to buy:

  • Project Websites: Many best NFT projects sell directly through their own websites. This is common for initial releases or “mints”. You’ll usually need to connect a digital wallet to the site to buy.
  • NFT Marketplaces: After the initial release, NFTs often become available on marketplaces. OpenSea is the largest, but others include Rarible, Magic Eden for Solana blockchain, and SuperRare. Each has its own focus and features.
  • Crypto Exchanges: Some major cryptocurrency exchanges, like Binance and Crypto.com, have started offering NFTs. These can be convenient if you already use the exchange for other crypto trading.

When buying, pay attention to the blockchain the NFT uses. Ethereum is the most common, but others like Solana and Polygon are also popular. You’ll need the right type of wallet and cryptocurrency to make your purchase. 

MetaMask is the preferred NFT wallet for Ethereum blockchain and Phantom is best for Solana NFTs.

Also, be aware of gas fees. These are transaction costs on the blockchain, which can be high at times. Factor these into the total cost of buying an NFT. Also, check out our article on why buy NFTs.

What is the Next NFT Trend?

Predicting the next NFT trends to watch is challenging, as the market moves quickly. However, several areas are showing growth potential:

  • Gaming NFTs: Many believe that NFTs in video games will become huge. These could be in-game items, characters, or land that players truly own and can sell. Axie Infinity is one of the best games with NFTs.
  • Music NFTs: Musicians are exploring NFTs as a way to connect with fans and earn money. This could include limited edition albums, concert tickets, or exclusive content.
  • Virtual Real Estate: As more people spend time in virtual worlds or “metaverses,” owning digital land and buildings might become valuable. You can customize your spaces, host events, or even create businesses within these virtual environments. Decentraland is the most popular metaverse-based NFT project, and it showcases how digital real estate can be both a fun investment and a way to participate in the digital economy.
  • Utility NFTs: These are NFTs that offer real-world benefits. For example, an NFT might give you access to exclusive events or voting rights in an organization.
  • AI-Generated Art: As artificial intelligence improves at creating art, NFTs of AI-made images or videos could become popular. 
  • Fractional NFTs: This allows people to own a piece of an expensive NFT, making high-value items more accessible. This concept is particularly appealing in the art and real estate sectors, where buying an entire expensive NFT would otherwise be out of reach for many.

Conclusion

The new NFT projects continue to emerge, offering unique digital assets and experiences to collectors and investors. From exclusive art collections to virtual real estate and gaming items, NFTs are reshaping how we value and trade digital content. As discussed, the best upcoming NFT collections to invest in are The Secret List NFT, Radicals, NOSE, TAP45 The American President NFT, ChiroosNFT, Xylocats Eclipse, ZNF-COIN, and Harambians.

As NFTs integrate further with traditional industries and improve technologically, they’re likely to play an increasingly significant role in our digital future. Whether you’re an artist, collector, or investor, staying informed about the best upcoming NFT projects is crucial.

FAQs

What is the future of the NFT market?

The future of the NFT market can be positive or negative, but many experts believe it will continue to grow and change. Some key points to consider:

  • Integration with traditional industries: NFTs might become more common in areas like real estate, ticketing, and legal documents.
  • Improved technology: Blockchains are working on ways to make NFTs more energy-efficient and easier to use.
  • Regulation: As NFTs become more mainstream, governments may introduce new rules about how they’re bought, sold, and taxed.
  • Cultural impact: NFTs could change how we think about ownership, especially for digital items.
  • Market maturation: The NFT market might become less volatile as it matures, with clearer standards and practices.

However, it’s also possible that interest in NFTs could decline. Some people think they might be a passing trend. The future will likely depend on how useful NFTs prove to be in everyday life.

Is NFT still profitable?

The profitability of NFTs varies widely. Some NFTs have made large profits for their creators and early buyers like BAYC and Crypto Punks. Others have lost value or failed to sell at all.

Several factors affect NFT profitability like popularity of the project or creator, overall market conditions, uniqueness and perceived value of the NFT, and marketing and community-building efforts. According to Statista, the NFT market is expected to generate approximately $683.9 million in revenue in 2024.

Most NFTs don’t make huge profits. Like any market, there are more average or unsuccessful projects than big winners.

How to make money with NFTs?

There are several ways people try to make money with NFTs:

  • Creating and selling NFTs: Artists, musicians, and other creators can make NFTs of their work and sell them directly to fans.
  • Buying and reselling: Some people buy NFTs they think will increase in value and try to sell them later for a profit.
  • NFT gaming: Some blockchain games let players earn valuable in-game items as NFTs, which can be sold.
  • Investing in NFT startups: You can put money into companies building NFT technology or marketplaces.
  • Providing NFT services: This could include helping create NFTs, marketing NFT projects, or offering legal advice about NFTs.
  • Renting out NFTs: Some NFTs, especially those used in games, can be rented to other users for a fee.

How to Launch an NFT Project?

Launching an NFT project involves several steps:

  1. Develop your concept: Decide what your NFTs will be and why people would want them. This could be art, music, game items, or something else.
  2. Choose a blockchain: Most use Ethereum, but others like Solana or Tezos are options. Consider factors like cost, speed, and user base.
  3. Create your NFTs: Make a digital asset you’ll be selling. This might involve working with artists or developers.
  4. Set up a smart contract: This is the code that will manage your NFTs on the blockchain. You might need help from a developer for this.
  5. Choose a marketplace or build a website: Decide where you’ll sell your NFTs. You can use existing NFT marketplaces or create your own site for the particular upcoming NFT projects.
  6. Build a community: Use social media to create interest in your project. Many successful projects have active Discord servers or Twitter accounts.
  7. Plan your launch: Decide on pricing, release schedule, and any special features like pre-sales for early supporters.
  8. Launch and manage: Release your NFTs and be ready to support your community and handle any issues that come up.

What are the best selling NFT projects?

The best selling NFT project can be measured in different ways, like total sales volume, highest individual sale price, or number of unique buyers. Also, the NFT space changes quickly, so the top project can shift over time.

Some of the most successful NFT projects include:

  • Bored Ape Yacht Club: A collection of 10,000 unique ape characters that has become a status symbol in the crypto world.
  • CryptoPunks: One of the earliest NFT projects, featuring 10,000 pixelated characters.
  • Art Blocks: A platform for generative art NFTs, which has hosted several popular collections.
  • NBA Top Shot: Official NBA moments sold as NFTs, which brought NFTs to a mainstream audience.
  • Axie Infinity: A blockchain game where players can earn and trade NFT characters.

What is the next big NFT?

Predicting the next big NFT is challenging, but several upcoming NFT art projects show promise. The Secret List NFT, Radicals, and Xylocats Eclipse are among the new NFT projects to mint that have generated buzz due to their unique concepts and potential utility. These projects offer innovative features like exclusive membership perks, hyper-realistic 3D animations, and intriguing storylines.

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8 Best Decentralized Crypto Exchanges for 2025 https://nftevening.com/best-decentralized-crypto-exchange/?utm_source=rss&utm_medium=rss&utm_campaign=best-decentralized-crypto-exchange Fri, 06 Sep 2024 04:29:28 +0000 https://nftevening.com/?p=140047 Emerging industry trends in the rapidly growing cryptocurrency market call for cutting-edge platforms, and the rapidly expanding decentralized finance (DeFi) sector is no exception. It demands innovative solutions like Decentralized

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Emerging industry trends in the rapidly growing cryptocurrency market call for cutting-edge platforms, and the rapidly expanding decentralized finance (DeFi) sector is no exception. It demands innovative solutions like Decentralized Crypto Exchanges (DEXs), with the top decentralized exchange offering unique technologies that stand out in the crypto market.

DEXs provide users with enhanced control over their digital assets, greater privacy, and a host of other advantages. As more investors flock to DeFi and these platforms continue to grow, many experts view decentralized exchanges as the future of the crypto industry. Explore further to find the best decentralized crypto exchange for your needs!

List of the Best Decentralized Crypto Exchanges

  1. Uniswap: Overall best decentralized crypto exchange
  2. PancakeSwap: Best DEX for BNB chain users
  3. Curve Finance: Best decentralized exchange for liquidity pools
  4. 1inch: Best liquidity aggregator decentralized exchange
  5. IDEX: Best Omnichain perpetual DEX
  6. SushiSwap: Best DEX for crypto-to-crypto swap
  7. Balancer: Best decentralized Automated Market Maker
  8. 0x Protocol: Best open-source DEX infrastructure project

Comparing Best Decentralized Exchanges

Exchange Supported Blockchains 24h Trading Volume Supported Tokens
Uniswap Ethereum, Arbitrum, Optimism, Polygon, Celo, BNB Chain, Base $593.26 million Thousands of ERC-20 tokens and tokens on supported chains
PancakeSwap BNB Smart Chain, Ethereum, Aptos, Polygon zkEVM, zkSync, Arbitrum, Linea, Base $120.42 million BEP-20 tokens and tokens on supported chains
Curve Finance Ethereum blockchain and compatible EVM sidechains/L2s $233.75 million Primarily stablecoins and other pegged assets
1inch Ethereum, BNB Smart Chain, Polygon, Optimism, Arbitrum, Avalanche, Gnosis, Fantom, Klaytn, Aurora $134 million Thousands of tokens on supported chains
IDEX Ethereum, Binance Smart Chain, Polkadot No Data Various tokens on supported chains
Sushiswap Ethereum, Arbitrum, Fantom, Avalanche, or Polygon $100 million Thousands of ERC-20 tokens
Balancer Ethereum, Polygon, Arbitrum $60.75 million ERC-20 tokens and liquidity pool assets
0x Protocol Ethereum, Base, Arbitrum, Optimism, Polygon, Binance Smart Chain, Avalanche, Scroll, Linea and Blast No Data ERC-20 tokens; provides infrastructure for DEXs rather than being a standalone exchange

Top 8 Decentralized Exchanges in 2025 – Detailed Reviewed

Though DeFi and decentralized crypto trading have gained improved traction throughout the last few years, the crypto space, particularly the decentralized finance industry, is still a novel phenomenon. As a result, newcomers can easily find themselves confused and overwhelmed by the sheer number of platforms available.

To help our readers overcome this challenge, we have tested and analyzed a wide range of decentralized exchanges and curated a list of some of the best DEX exchanges.

1.  Uniswap: Overall best decentralized crypto exchange

Best Decentralized Crypto Exchange - Uniswap

  • Supported Blockchains: Ethereum, Arbitrum, Optimism, Polygon, Celo, BNB Chain, Base
  • Trading Volume: $593.26 million (24h)
  • Supported Coins: Thousands of ERC-20 coins and tokens on other supported chains

Uniswap is one of the top decentralized exchanges in the crypto industry, well-known for its pioneering role in the DeFi space. Launched in 2018, Uniswap revolutionized trading by enabling users to swap ERC-20 tokens directly from their crypto wallets without the need for an intermediary facilitator. Operating on the Ethereum blockchain, Uniswap utilizes an automated market makers (AMM) model, which allows users to trade assets against a liquidity pool rather than through a traditional order book. This approach provides better liquidity and ensures a convenient trading experience, even for less popular tokens.

Uniswap’s automated market makers system relies on liquidity providers who deposit an equal value of two tokens into a pool and, in return, earn fees from trades made against their liquidity. The platform’s user-friendly interface, combined with its permissionless nature, has made it a go-to choice for both newer and seasonal traders.

Moreover, Uniswap has played a crucial role in driving innovation within the DeFi space, inspiring numerous other projects to adopt similar models. Despite being prone to high gas fees during periods of network congestion, Uniswap remains a leading DEX due to its security, reliability, and extensive range of supported tokens, making it an essential platform in the decentralized exchange ecosystem.

2. PancakeSwap: Best DEX for BNB chain users

Best Decentralized Crypto Exchange - PancakeSwap

  • Supported Blockchains: BNB Smart Chain, Ethereum, Aptos, Polygon zkEVM, zkSync, Arbitrum, Linea, Base
  • Trading Volume: $120.42 million (24h)
  • Supported Coins: BEP-20 tokens and tokens on other supported chains

PancakeSwap is an established and quickly growing DEX exchange built on the Binance Smart Chain (BSC), offering users a fast, cost-effective alternative to Ethereum-based platforms. Launched in 2020, PancakeSwap quickly gained popularity due to its low transaction fees and rapid confirmation times, addressing the scalability issues often associated with Ethereum.

Like Uniswap, PancakeSwap also incorporates an automated market maker (AMM) model, which enables users to trade BEP-20 tokens directly from their wallets without going on centralized exchanges.

PancakeSwap stands out for its ease of use and diverse arsenal of features, which includes yield farming, staking, and participation in lotteries. PancakeSwap users can provide liquidity to various liquidity pools and earn rewards in the form of CAKE – the platform’s native token, which can be further staked to earn more tokens or used in governance voting. The platform’s appeal is further increased by its frequent token burns and high rewards for liquidity providers, making it a favorite among yield farmers and traders alike.

Furthermore, PancakeSwap has introduced innovative concepts to the DEXs industry, like Initial Farm Offerings (IFOs) and NFT (non-fungible token) marketplace access, all of which collectively offer a more comprehensive ecosystem for DeFi enthusiasts. Its strong community support and continuous development have solidified PancakeSwap’s position as one of the top DEXs in the market, particularly within the BSC ecosystem.

3. Curve Finance: Best decentralized exchange for liquidity pools

Best Decentralized Crypto Exchange - Curve Finance

  • Supported Blockchains: Ethereum and other sidechains/L2s
  • Trading Volume: $233.75 million (24h)
  • Supported Coins: Primarily stablecoins and other pegged assets

Curve Finance is a decentralized exchange that specializes in stablecoin trading, offering users a highly efficient platform for swapping digital assets with low slippage. Launched in early 2020, Curve Finance is another DEX exchange built on the Ethereum blockchain and is designed to cater to the needs of users looking to trade stablecoins or other similarly pegged assets. Curve Finance’s unique focus on stablecoins sets it apart from other DEXs, providing an optimized experience for trading assets like USDT, USDC, DAI, and other stablecoins with lower fees and reduced price volatility.

Curve Finance’s automated market maker model uses a specialized algorithm that minimizes impermanent loss and slippage when trading digital assets with similar values. This makes it an attractive platform, especially for liquidity providers who can earn steady returns without being exposed to the same level of risk as other platforms. The platform’s native token, i.e., CRV, plays a central role in community governance, allowing users to vote on proposals and influence the future direction of the protocol.

Over the years, Curve Finance established itself as one of the more important platforms of the overall DeFi ecosystem and serves as the foundation for other DeFi projects that require stable and efficient stablecoin trading. Its integration with other protocols and consistent focus on stability and security have made Curve Finance a suitable platform for traders and liquidity providers looking for reliable and low-risk trading opportunities in the crypto space.

4. 1inch: Best liquidity aggregator decentralized exchange

Best Decentralized Crypto Exchange - 1inch

  • Supported Blockchains: Ethereum, BNB Smart Chain, Polygon, Optimism, Arbitrum, Avalanche, Gnosis, Fantom, Klaytn, Aurora
  • Trading Volume: $134 Million
  • Supported Coins: Aggregates liquidity from multiple DEXs, supporting a wide range of tokens

1inch is the best DEX exchange aggregator for its ability to find the best prices across multiple DEXs, ensuring users receive the most efficient and cost-effective trades. Launched in 2019, 1inch has quickly become the preferred platform for investors looking to optimize their trading in the DeFi space. The platform works by splitting orders across various DEXs exchange, such as Uniswap, SushiSwap, and Curve Finance, to minimize slippage and trading fees. This process, powered by 1inch’s Pathfinder algorithm, ensures that users get the best possible price for their trades, even in volatile market conditions.

1inch operates on multiple blockchains, including Ethereum, Binance Smart Chain, and Polygon, providing users with access to a wide range of tokens and trading pairs. The platform’s native token, 1INCH, is used for community governance and enables users to participate in decision-making processes and shape the platform’s future. On top of that, 1inch offers liquidity mining opportunities, where users can earn rewards by providing liquidity to the platform.

The platform’s simple user interface and professional trading features, such as limit orders and gas fee optimization, make 1inch an attractive option for more advanced users who seek to maximize their trading efficiency within the decentralized trading space.

5. IDEX: Best Omnichain perpetual DEX

Best Decentralized Crypto Exchange - IDEX

  • Supported Blockchains: Ethereum, Binance Smart Chain, Polkadot
  • Trading Volume: Data not specified
  • Supported Coins: Various tokens on supported chains

IDEX is a hybrid decentralized cryptocurrency exchange as it combines the best features of both centralized and decentralized exchanges, offering an unique user experience. Launched in 2018, IDEX was one of the first DEXs to provide a real-time trading experience similar to that of centralized exchanges, with features like high-speed order matching and a user-friendly interface.

Unlike traditional DEXs that rely solely on automated market maker models, IDEX uses an off-chain order book and matching engine to process trades while still ensuring that all transactions are settled on-chain. This hybrid approach allows IDEX to offer faster execution speeds and reduced trading fees compared to purely on-chain DEXs.

IDEX supports a wide range of Ethereum-based tokens and has expanded its offerings to include assets on other blockchains like Binance Smart Chain and Polkadot, broadening the scope for traders. The platform’s security is strengthened by the decentralized nature of asset custody, meaning users maintain control over their private keys and funds at all times.

IDEX also offers advanced trading features, such as limit and stop-loss orders, making it a versatile platform for all traders. With its blend of speed, security, and functionality, IDEX makes itself a more suitable option for traders who are finding an easier shift to the DeFi and moving on from centralized exchanges.

6. SushiSwap: Best DEX for crypto-to-crypto swap

SushiSwap

  • Supported Blockchains: Ethereum, Arbitrum, Fantom, Avalanche, Polygon
  • Trading Volume: $100 million (24h)
  • Supported Coins: Thousands of ERC-20 tokens

SushiSwap is a DEX crypto exchange that emerged as a fork of Uniswap in 2020, quickly gaining attention for its innovative features and community-driven approach. Also built on the Ethereum blockchain, SushiSwap enables users to trade ERC-20 tokens directly from their crypto wallets. 

But what sets SushiSwap apart from its predecessor is the increased focus on rewarding users who contribute to the platform, especially liquidity providers, through its native token, SUSHI. Liquidity providers earn a portion of the trading fees, and those who stake their SUSHI tokens in the SushiBar receive additional rewards, fostering a vibrant and engaged community.

SushiSwap offers a wide range of DeFi services beyond simple token swaps. These include yield farming, staking, and lending, making it a comprehensive platform for users looking to engage deeply with DeFi. The platform’s intuitive interface facilitates both new and experienced traders. Additionally, SushiSwap has expanded its decentralized crypto trading platform ecosystem to multiple blockchains, including Binance Smart Chain, Polygon, and Avalanche, providing users with greater flexibility and access to a broader range of assets.

SushiSwap’s commitment to decentralization is evident in its governance model, where SUSHI holders can vote on proposals that shape the platform’s future. This emphasis on community participation and the continuous introduction of new features has made SushiSwap another popular choice for decentralized crypto traders.

7. Balancer: Best decentralized Automated Market Maker

Balancer

  • Supported Blockchains: Ethereum, Polygon, Arbitrum
  • Trading Volume: $60.75 million (24h)
  • Supported Coins: ERC-20 tokens and liquidity pool assets

Balancer is another unique platform that combines the functioning of decentralized exchanges and an automated portfolio manager that distinguishes itself with its flexible, multi-token pools and dynamic asset management features. With development starting as early as 2018 and launching in 2020, Balancer operates on the Ethereum blockchain and allows users to create and trade in liquidity pools that can contain up to eight different tokens, offering a unique and customizable approach to liquidity provision.

Unlike traditional AMMs, where pools typically consist of two tokens with equal weightings, Balancer allows for variable weightings, enabling users to maintain a portfolio that can automatically rebalance itself according to predefined ratios. This flexibility makes Balancer an attractive option for liquidity providers seeking to diversify their portfolios and optimize their exposure to different assets. The platform’s native token, i.e., BAL, is used for governance, allowing holders to vote on protocol upgrades and changes, and can also be earned as a reward for providing liquidity to the network.

Balancer’s innovative model not only provides users with trading opportunities but also offers a decentralized way to manage and balance portfolios, making it a powerful tool in the DeFi ecosystem. Its integration with other DeFi protocols and continuous expansion to other blockchains like Polygon and Arbitrum further enhance its utility, making Balancer a go-to platform for those looking to maximize the efficiency and performance of their digital tokens.

8. 0x Protocol: Best open-source DEX infrastructure project

0x Protocol

  • Supported Blockchains: Ethereum, Base, Arbitrum, Optimism, Polygon, Binance Smart Chain, Avalanche, Scroll, Linea and Blast
  • Trading Volume: Data not specified
  • Supported Coins: ERC-20 tokens; provides infrastructure for DEXs rather than being a standalone exchange

0x Protocol is basically a decentralized exchange infrastructure that provides developers with the tools to build their own DEXs and other DeFi applications on the Ethereum blockchain. Launched in 2017 by ZeroEx Labs, 0x Protocol is designed to facilitate peer-to-peer transactions of ERC-20 tokens and other assets, making it a foundational layer for many DeFi applications. Unlike traditional DEXs, 0x Protocol does not operate as a standalone exchange but rather as a set of smart contracts that power various decentralized applications (dApps), enabling seamless and efficient token trading.

The protocol’s standout feature is its use of off-chain relay orders and on-chain settlements, which significantly reduces gas fees and enhances transaction speeds. This hybrid approach combines the efficiency of off-chain order books with the security and transparency of on-chain settlements, making it highly scalable and cost-effective. Developers can leverage 0x’s open-source protocol to build customized trading platforms, AMMs, and other financial products designed to meet specific user needs.

0x Protocol is governed by its native token, ZRX, which plays a critical role in staking and governance. Token holders can participate in decision-making processes and earn rewards for staking. The protocol’s versatility, combined with its focus on reducing friction in the trading process, has made 0x a popular player in the broader DeFi landscape, supporting a growing number of dApps and decentralized exchanges across multiple blockchains.

How to choose the Best Decentralized Crypto Exchange?

As is the case with any tool and platform, there are a few factors that traders and investors must consider when choosing the best DEX platforms.

Security and Control

Security is the most critical consideration in choosing the best DEX crypto exchange. As mentioned earlier, contrary to centralized exchanges, DEX crypto exchange allows you to maintain full control over your private keys and funds. Though it reduces the risk of hacks and breaches, it also means that the responsibility for securing your assets lies entirely with you. Ensure you use reliable crypto wallets, enable two-factor authentication where possible, and be cautious of phishing attempts.

Liquidity and Slippage

Liquidity is also a crucial factor in finding the best DEX exchange. Some less popular tokens may have low liquidity, leading to higher slippage during trades. This can result in worse prices or incomplete orders. To mitigate this, check the liquidity available for the pairs you intend to trade and consider using DEX aggregators like 1inch, which help find the best prices across multiple platforms.

Fees and Network Costs

While the best DEX exchanges often boast lower trading costs compared to centralized exchanges, network costs, such as gas fees on Ethereum, can vary significantly. These costs can quickly add up, especially during periods of network congestion. Before making a trade, consider the total cost, including both the trading fee and any applicable network fees, to ensure that your transaction remains cost-effective.

What are Decentralized Crypto Exchanges?

Decentralized exchanges (DEXs) are peer-to-peer marketplaces where decentralized cryptocurrency traders can buy, sell, and trade various digital assets directly with one another without the need for a centralized intermediary. These unique platforms have blockchain networks as the foundational layer for their architecture, which minimizes the risk of a single point of failure or manipulation.

DEXs operate by implementing smart contracts, which are self-executing contracts with terms directly written into code. These smart contracts automate the trading process. When a user wants to trade a cryptocurrency, they connect their wallet to a DEX. The smart contract then facilitates the trade by matching the user’s order with another user’s order that has a compatible price.

While DEXs surely offer many advantages, they also have limitations. They can be more complex to use for beginners and may have lower liquidity for certain tokens compared to centralized exchanges. However, as the DeFi ecosystem grows, DEXs are becoming increasingly accessible and competitive, offering a viable alternative for those seeking greater control and privacy over their crypto transactions.

Advantages of DEX Exchanges

Being architectured on blockchains, the best decentralized exchange hosts multiple benefits that set them apart from the more traditional exchanges.

Increased Security

Since DEX cryptocurrency exchanges operate on blockchain networks and blockchains are decentralized in nature, the risk of the centralized authority getting hacked is eliminated. However, while DEX crypto exchanges reduce reliance on central entities, they are not immune to vulnerabilities such as smart contract bugs or exploits. As a result, users still need to be cautious about risks related to technical flaws, but the architecture minimizes the risk of funds being stolen through breaches of a central authority.

When a transaction is recorded in a block, no data can be altered or removed, hence adding another layer of security and preventing any dubious activity on the platform. Users maintain full control over their private keys, ensuring that their funds are always accessible and protected from third-party interference.

Enhanced Privacy

Compared to centralized crypto trading platforms that require users to provide their personal information and verify their identity, DEX crypto exchange users typically enjoy a more private and comparatively anonymous trading experience. Since all the trades are conducted peer-to-peer, no transaction needs an intermediary to facilitate and verify the transaction. The absence of a third party significantly decreases the possibility of data breaches or unauthorized access to personal information.

Apart from that, because decentralized platforms do not hold users’ funds or private keys themselves, users can feel satisfaction in having full control over their digital assets. These factors make DEXs particularly appealing to those who prioritize anonymity and control over their financial assets in the cryptocurrency space.

Greater Transparency

DEX crypto exchanges also become an obvious preference for any trader who seeks transparency in the functioning of their chosen trading platform. The transparency offered by DEXs is totally unmatched by their centralized counterparts.

With all the transaction records publicly available on blockchain ledgers, anyone can easily verify the authenticity and history of any trade. This transparency helps to build trust and confidence in the platform, as it reduces the risk of fraud and manipulation. Additionally, the open-source nature of many DEXs allows users to inspect the platform’s code and ensure that it operates fairly and securely.

Censorship Resistance

DEX platforms are not subject to the same regulatory oversight as centralized exchanges. They are inherently resistant to censorship, thanks to their decentralized operations. Contrary to many centralized crypto platforms that are often subjected not only to government regulations but market manipulation as well, DEX crypto exchanges rely on publicly distributed networks that are theoretically impossible to control by any single entity. This makes it difficult for any single entity to control or shut down the platform.

Additionally, the use of blockchain technology ensures that transactions are immutable and cannot be easily manipulated. This resistance to censorship is particularly important in regions where freedom of expression is limited.

Financial Inclusion

DEX crypto exchanges have the potential to promote financial inclusion by providing access to financial services to people who are underserved by traditional banking systems. With lower barriers to entry and fewer KYC requirements, DEX crypto exchanges can make it easier for individuals in developing countries to participate in the global economy. Moreover, the ability to trade a wide range of tokenized assets can provide new investment opportunities and help to diversify portfolios. This breaking down of barriers to financial inclusion makes decentralized exchanges a potential contributor to diverse economic growth and development.

Disadvantages of DEX Exchanges

With many benefits of using decentralized exchanges, also come some limitations.

Liquidity and Liquidity Pools

Unlike centralized trading platforms, like Binance and Coinbase, which often have large user bases and deep liquidity, DEX platforms may struggle with low trading volumes for certain tokens. It happens due to their reliance on liquidity pools, which don’t always have sufficient depth for all trading pairs. This can lead to higher slippage and less favorable trading conditions, especially for large orders.

Complexity of Use

Most DEX platforms require users to have a good understanding of how blockchain technology and smart contracts work. Being decentralized, the absence of a customer support system can make it challenging for less experienced traders to navigate the platform or troubleshoot issues. Moreover, the interface for most of these platforms can end up feeling less polished than on traditional exchanges.

Limited Order Types

Compared to regular trading platforms, DEX exchanges often have a more limited range of order types and trading tools. While most DEXs support basic buy and sell orders, they may lack advanced features like stop-loss orders, limit orders, or margin trading. This can limit trading strategies and risk management options for some users.

How to Use a Decentralized Exchange?

The exact method to use and trade on a DEX varies from platform to platform. But once you have a basic understanding of the general procedure, you can navigate your way through pretty much all the popular decentralized exchanges.

  1. Set Up a Crypto Wallet: First, create a cryptocurrency wallet compatible with the DEX you want to use (e.g., MetaMask is one of the best crypto wallets for Ethereum-based DEXs). Ensure your wallet is funded with the tokens you wish to trade.
  2. Connect Your Wallet: Visit the DEX’s website and connect your wallet. This usually involves approving the connection via your wallet’s interface.
  3. Choose a Trading Pair: Select the tokens you want to trade. Ensure the DEX supports the pair you’re interested in.
  4. Execute the Trade: Enter the amount you want to trade, review the transaction details, and confirm the trade. The transaction will be processed on the blockchain.
  5. Review and Manage Assets: After the trade, check your wallet to ensure the tokens have been received.

Centralized Exchange vs Decentralized Exchange: What’s the Difference?

Feature Centralized Exchanges (CEX) Decentralized Exchanges (DEX)
Control Operated by a central authority No central control; users trade directly
Custody of Funds Exchange holds users’ funds Users retain full control of their funds
Trading Method Uses order book matching Uses Automated Market Makers (AMM) or peer-to-peer swaps
Security Higher risk of hacks and data breaches More secure as funds remain in users’ wallets
Privacy Requires KYC (identity verification) No KYC required; fully anonymous
Transaction Speed Faster due to centralized servers Slower due to blockchain network congestion
Liquidity Higher liquidity due to large user base Lower liquidity; relies on liquidity pools
Trading Fees Higher fees, including deposit/withdrawal charges Lower fees but may include gas fees
Regulation Subject to government regulations Less regulated, but some face compliance issues
User Experience Easy to use with advanced trading tools More complex; requires knowledge of blockchain transactions
Supported Assets Lists only approved cryptocurrencies Supports a wider range of tokens, including newly launched ones
Censorship Risk Can block or freeze accounts Cannot be censored; users have full access to their funds

Centralized exchanges (CEXs) store user funds, making them more vulnerable to hacks, whereas decentralized exchanges (DEXs) allow users to retain full control of their assets, enhancing security. 

Privacy is another major difference, as CEXs require users to complete KYC verification, while DEXs operate anonymously without collecting personal information. Liquidity is typically higher on CEXs because of their large user base, whereas DEXs rely on liquidity providers, which can sometimes lead to lower trading volume. 

Additionally, CEXs have the power to freeze accounts or restrict access based on regulatory requirements, while DEXs offer complete user control without censorship.

Hence, CEXs are suitable for beginners and high-speed trading, while DEXs are ideal for privacy-conscious users and those who want full custody of their assets.

Conclusion

As the decentralized finance space continues to grow, decentralized exchanges seem to continue to be a fundamental component in the wider crypto industry. However, with the freedom and opportunities they provide comes the responsibility to stay informed and educated. Thorough research and a clear understanding of the platforms and tools you use are essential for navigating this complex and rapidly changing industry.

Frequently Asked Questions

Are decentralized exchanges better than centralized exchanges?

Decentralized exchanges offer greater privacy and control over your assets but may lack the stability and user-friendliness of centralized exchanges. The choice depends on your priorities.

How do I choose the right DEX for my needs?

Consider factors such as security, liquidity, supported assets, fees, and ease of use to find a DEX that aligns with your trading goals and experience level.

Are DEXs suitable for beginners?

While DEXs offer significant benefits, they can be complex for beginners. Starting with a user-friendly platform and educating yourself on how they work is recommended.

Do decentralized crypto exchanges charge a trading fee?

Yes, most DEXs charge a trading fee, which can vary from time to time depending on the network traffic on the blockchain.

Are decentralized exchanges legal?

Decentralized exchanges (DEXs) are generally legal, but regulation varies by country. While DEXs often lack KYC procedures and AML enforcement, which can lead to regulatory scrutiny, they are not specifically banned in most places. However, users are still responsible for complying with local tax and financial reporting laws when using DEXs.

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10 Best Crypto Apps for Beginners in 2025 (Expert Review) https://nftevening.com/best-crypto-app-for-beginners/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-app-for-beginners Wed, 04 Sep 2024 10:20:47 +0000 https://nftevening.com/?p=140013 Finding the best crypto app for beginners can make starting with cryptocurrency easy and safe. These apps help you buy and sell, and also manage your crypto assets without much

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Finding the best crypto app for beginners can make starting with cryptocurrency easy and safe. These apps help you buy and sell, and also manage your crypto assets without much hassle.

For those who are new to cryptocurrency, navigating the complexities of the crypto space can be daunting, but these apps are designed to simplify the process. With so many options available, choosing the right app might seem tricky. But don’t worry – this guide lists the top apps that are perfect for novice traders.

From trading platforms like Binance and Coinbase to wallets like MetaMask, each app offers different features. Whether you want to trade, store, track, or learn more about crypto, these top cryptocurrency apps will help you get started smoothly.

List of Best Crypto Apps for Beginners

We have reviewed over 40 popular crypto apps based on their use cases, features, user experience, fees, security measures, and more. Here is our list of the top 10 best cryptocurrency apps for beginners:

  1. Binance – Best crypto trading app
  2. Coinbase – Best crypto app in the U.S.
  3. Bybit – Best derivatives trading crypto app
  4. BingX – Best crypto app for copy trading
  5. MEXC – Best app for buying crypto without KYC
  6. Crypto.com – Best crypto app for Android and iOS
  7. Bitget – Best trading app for beginner
  8. MetaMask – Best crypto wallet app
  9. Opensea – Best app for NFTs
  10. CoinMarketCap – Best crypto price tracker app

Top 10 Crypto Apps for Beginners – Detailed Reviewed

Here is our in-depth review of 10 best crypto apps for beginners from crypto exchanges to crypto wallets and NFT platforms.

1. Binance – Overall best crypto trading app

Binance - Overall best crypto trading app

Binance is our #1 choice as the best crypto app for beginners due to its trading features and advanced security measures. Launched in 2017, it quickly became the world’s largest cryptocurrency exchange by trading volume, now serving over 210 million users worldwide. 

The exchange has advanced trading tools including 125x leverage trading, instant crypto-to-crypto convert without fees, P2P trading, copy trading, options trading, margin, and leveraged tokens.

The app supports more than 350 cryptocurrencies. With trading fees as low as 0.10%, Binance offers one of the most cost-effective trading experiences. You can reduce costs even further (up to 20% discount) by holding Binance Coin (BNB), the platform’s native token. 

It employs two-factor authentication (2FA) and safeguards user funds through the Secure Asset Fund for Users (SAFU). It is a $1 billion emergency insurance fund. Binance also provides educational resources through Binance Academy, helping beginners understand the basics of cryptocurrency and blockchain technology. Also, a mobile app is available for Android and iOS devices.

Pros

  • Over 350 cryptocurrencies available
  • Trading fees start at 0.10%, with further discounts using BNB
  • Enhanced protection with SAFU and 2FA
  • Supports multiple fiat currencies and local payment methods
  • Comprehensive tutorials and guides for beginners

Cons

  • Binance faces regulatory scrutiny in some countries
  • A separate platform for US users (Binance.US) with fewer trading features
binance-logo-2

User Score

10

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2. Coinbase: Best crypto app for new traders in the U.S.

Coinbase: Best crypto app for beginners in the U.S.

Coinbase is one of the biggest cryptocurrency platforms in the United States. It was founded in 2012 and is based in the United States. More than 100 million users from over 100 countries use Coinbase. The company is publicly traded on the Nasdaq under the symbol COIN. It handles over $80 billion in assets and processes billions in trading volume every quarter.

Coinbase lets you buy, sell, and store cryptocurrencies. It supports more than 250 coins, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). You can deposit money using bank transfers, debit cards, PayPal, and more. The platform has a simple design, making it easy for beginners. Advanced traders can use Coinbase Advanced Trade, which offers lower fees, trading charts, and more tools.

Security is a major focus. Coinbase stores 98% of customer funds in cold storage. It also has FDIC insurance for USD balances up to $250,000. The platform offers two-factor authentication and biometric login. However, Coinbase has had issues with customer support and account lockouts.

It also offers a Coinbase Wallet. It is a separate app that lets you store cryptocurrencies, NFTs, and tokens securely. Unlike the main Coinbase app, Coinbase Wallet is self-custodial, meaning you control your private keys. It supports thousands of coins, decentralized apps (dApps), and Web3 interactions.

Pros

  • Easy to use and simple interface for beginners
  • Strong security with 98% of funds in cold storage, FDIC insurance for USD
  • Transparent and regulated crypto exchange in the U.S.
  • Multiple payment options, supports bank transfers, PayPal, and cards
  • A self-custody Coinbase wallet for full control over crypto

Cons

  • Standard trades cost 1.49%–3.99%; cheaper only on Advanced Trade
  • Slow customer support responses and account lockouts reported
coinbase

User Score

9.8

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3. Bybit – Best derivatives trading cryptocurrency app

Bybit - Best derivatives trading cryptocurrency app

Bybit is the best leverage trading exchange, launched in 2018. With over 42 million users globally, it is renowned for its comprehensive suite of derivatives trading products. The platform allows you to trade perpetual contracts with leverage of up to 100x.

It offers both USDT and USDC-margined contracts, catering to traders who prefer stablecoin collateral. Plus, the platform supports Coin-M contracts, which are margined and settled in the underlying cryptocurrency, such as Bitcoin (BTC) or Ethereum (ETH). This gives traders the flexibility to choose their preferred margin currency based on their trading strategy.

Bybit offers an established market with options for BTC and ETH for people who are interested in options trading. In addition, it provides up to 5x leverage margin trading with cross and isolated margin modes. To assist traders in making wise choices, Bybit also offers a variety of risk management tools, technical indicators, and charting tools.

Pros

  • Extensive derivatives offerings, including 100x leverage futures
  • Supports USDT and USDC-margined contracts, plus Coin-M contracts
  • Options trading for advanced risk management
  • Margin trading with up to 5x leverage
  • High trading volume and liquidity 

Cons

  • Limited fiat deposit and withdrawal payment methods
  • Not available in all regions, including the U.S.
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User Score

9.7

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4. BingX – Best crypto app for copy trading

BingX - Best crypto app for copy trading

BingX is one of the best crypto trading platforms for new users. It enables you to replicate the trades of professional and profitable traders. There are more than 17,000 expert traders for you to follow, so it’s not difficult to discover a technique that fits your investing objectives. It also offers each trader’s complete performance details, such as their win rate, total earnings, and trading history.

The platform supports over 800 cryptocurrencies, including major ones like Bitcoin, Ethereum, and Ripple. BingX also offers a demo trading feature, where beginners can practice without risking real money, making it easier to understand market dynamics.

The exchange is popular for its grid trading bots and high APR staking services. Plus, it offers leverage up to 125x on perpetual futures contracts. It also offers standard futures with an expiry date.

Pros

  • Wide range of trading options, including spot, futures, and copy trading
  • User-friendly app interface suitable for beginners
  • Competitive fee structure for trades
  • Offers robust copy trading features
  • Supports multiple cryptocurrencies and fiat currencies

Cons

  • Does not offer options contracts or margin trading
  • Offers no-KYC trading, which can be a security issue
  • Lack of transparency regarding regulatory compliance
Bingx logo

User Score

9.7

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5. MEXC: Best app for buying crypto without KYC

MEXC- Best app for buying crypto without KYC

MEXC, established in 2018, is a crypto exchange app that prioritizes user privacy and affordability. It serves over 10 million users globally, offering a no-KYC policy for withdrawals up to 10 BTC per day. This feature makes MEXC appealing to those who value discretion in their financial transactions.

The platform boasts an extensive selection of over 2,500 cryptocurrencies and 3,000 trading pairs. New traders can begin with a modest $10 investment, lowering the entry barrier for crypto newcomers. MEXC accepts various payment methods, including credit cards, Apple Pay, Google Pay, and bank transfers.

MEXC is also a zero-fee crypto exchange, charging 0% for both maker and taker spot orders. For futures trading, it maintains a competitive edge with a mere 0.01% fee for taker orders. This fee structure significantly reduces trading costs, allowing you to maximize your investments.

MEXC’s mobile app provides a straightforward interface, enabling you to trade on the go. The platform offers advanced trading options like futures, demo trading, and copy trading. To assist beginners, MEXC also provides educational resources and real-time market data.

Pros

  • Zero fees for spot trading (0% maker/taker)
  • Low 0.01% taker fee for futures trading
  • No KYC for daily withdrawals up to 10 BTC
  • A wide range of cryptocurrencies is available
  • Advanced crypto charting tools for day traders

Cons

MEXC_square_logo-removebg-preview

User Score

9.5

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6. Crypto.com – Best crypto app for Android and iOS

Crypto.com - Best crypto app for Android and iOS

Crypto.com is a leading crypto trading app on Android and iOS devices. Founded in 2016, the exchange now serves over 100 million users globally.

The app boasts a simple design, helping beginners navigate the complex crypto landscape. It supports trading of more than 350 digital currencies, including major ones like Bitcoin and Ethereum. Crypto traders from 20+ countries can also deposit and withdraw 20+ fiat currencies.

Crypto.com also has a Visa card program. Cardholders can earn up to 8% back in crypto on their purchases, varying by card level. The app also offers crypto savings accounts with interest rates reaching 14.5% annually on some coins.

For those wanting to learn about the crypto market, Crypto.com University provides over 100 articles about blockchain and cryptocurrency basics. Security is a focus, with the app using multi-step verification, biometrics, and keeping all user funds in offline storage.

Pros

  • Wide selection of cryptocurrencies
  • Visa card with crypto rewards
  • NFT marketplace for digital art lovers
  • Licensed and regulated crypto app
  • Recurring buys for DCA traders

Cons

  • Customer support can be slow at times
  • Lower leverage compared to other competitors
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7. Bitget – Best trading app for beginner

Bitget – Best trading app for beginner

Bitget was established in 2018 and became the world’s best crypto exchange and Web3 company, serving over 45 million users with an increase of 400% from the last year. It operates across 200+ countries and regions. Bitget has its own token ecosystem called BGB token which reached 3-times all-time-high price this year. Bitget also has its own decentralized exchange called Bitget Wallet to support professional and beginner traders in exploring more coins.

This platform is known as one of the fastest exchanges that list trending coins around Memes, TON ecosystem, AI, and Play-to-Earn but through strict review and listing onboarding process for users safety and securities. Currently, Bitget has 800+ coins listed including Bitcoin, Ethereum, and Solana, and has many Launchpool campaigns which are better for any beginner and professional traders to stake their assets and get quality coins.

Pros

  • Low fee 0.1% for spot trading both taker/maker (20% discounts with BGB).
  • Good on UI/UX for traders, especially for new traders.
  • Proof-of-Reserves and Fund Protection implementation for users’ safety.
  • Offers 5 deposit channels such as credit/debit card, P2P, Bank deposit, quick buy, and Bank transfer via Third-party payment.

Cons

  • Bitget does not operate in some countries due to regulation matters.
  • Less competitive rate for fiat deposits in some countries.
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8. MetaMask – Best crypto wallet app

MetaMask - Best crypto wallet app

MetaMask is the best non-custodial crypto wallet for beginners. Since its 2016 launch, it has grown to serve over 30 million users each month, becoming a trusted name in the field. This Web3 wallet lets you manage Ethereum and ERC-20 tokens. It also connects users to the decentralized web, allowing interaction with thousands of dApps and DeFi systems.

The wallet shines with its easy-to-use design. You can access it through browser extensions on Chrome, Firefox, Brave, and Edge. It’s also available as a mobile app for iOS and Android, letting you handle your crypto across devices.

The app takes security seriously. It uses strong encryption and offers a 12-word backup phrase for wallets. For extra protection, it works with hardware wallets like Trezor and Ledger.

New users will find the built-in swap feature helpful. This tool lets them exchange tokens within the app. MetaMask supports over 500,000 tokens and works with several networks, including Ethereum, BNB Smart Chain, Polygon, and many layer-2 scaling solutions. You can also store both ERC-721 and ERC-1155 NFTs.

Pros

  • Easy to set up and use
  • Integrates seamlessly with dApps and DeFi protocols
  • Regular updates and strong community support
  • Built-in token swap feature
  • Built-in fiat on-ramp (buying crypto with traditional currency)

Cons

  • Gas fees on Ethereum can be high for small transactions
  • Limited customer support options
  • Managing multiple blockchain networks can be daunting for beginners

9. OpenSea – Best app for NFTs

OpenSea - Best app for NFTs

OpenSea is a NFT trading app for beginners. With over 2 million active users and more than $39.1 billion in trading volume, it’s the largest NFT marketplace in the world (Source: Dune Analytics). The platform hosts various NFTs, from digital art to virtual land and tweets.

The website is simple to use. It has a search tool to find NFTs by group, maker, or specific details. OpenSea works with different types of crypto for payment, but Ethereum (ETH) is the main one.

A key feature of OpenSea is its support for different blockchains. It started with Ethereum but now includes Polygon, Arbitrum, Avax, Base, Solana, Blast, and Klaytn. More may be added later. This helps lower fees and speed up transactions.

NFT creators can use OpenSea to make their collectibles directly on the site. They can choose “lazy minting,” which only creates the NFT when someone buys it. This saves on initial minting fees. OpenSea takes 2.5% of each sale, which is still a higher commission. You can also read our guide on the best NFTs to buy for beginners.

Pros

  • Large marketplace with millions of NFTs
  • Support for multiple blockchains
  • Easy-to-use interface for buying, selling, and creating NFTs
  • Regular updates and new features
  • Built-in analytics for tracking NFT values

Cons

  • High gas fees on the Ethereum network during peak times
  • Occasional issues with fake or copyrighted NFTs
  • No fiat currency support for direct purchases

10. CoinMarketCap – Best crypto price tracker app

CoinMarketCap - Best crypto price tracker app

CoinMarketCap is widely regarded as one of the best crypto price-tracking apps. It has become a go-to resource for over 340 million unique visitors annually. The app provides real-time data on more than 8,000 cryptocurrencies across 250+ crypto exchanges, giving users a comprehensive view of the market.

For newcomers, CoinMarketCap offers a user-friendly interface that’s easy to navigate. You can quickly check prices, market caps, and trading volumes for popular coins like Bitcoin and Ethereum, as well as lesser-known altcoins. The app’s portfolio feature allows tracking of personal crypto holdings.

One standout feature is the price alert system. You can set notifications for price changes, helping you stay on top of market movements without constant checking. The app also includes educational content, with a “Learn Crypto” section covering basic concepts and advanced topics.

The app also offers a unique “Diamond” rewards program, where you can earn points for daily check-ins and other activities, which can be exchanged for exclusive NFTs or merchandise.

Pros

  • Extensive crypto coins and exchange coverage
  • User-friendly interface
  • Free to use with no ads
  • Educational resources for beginners
  • Portfolio tracking and price alerts

Cons

  • Limited technical analysis tools compared to specialized trading apps
  • Some newly launched projects are not available for tracking
  • Does not support built-in crypto buying and selling

How to Choose the Best Crypto App for Beginners?

Picking the right crypto app when you’re just starting out can feel overwhelming. There are so many options out there, each with its own set of features. Here are some factors to look for when choosing a cryptocurrency app:

1. Think About What You Want

First things first, ask yourself what you want to do with crypto. Are you looking to buy and hold for the long term? Or do you want to trade often? Maybe you just want to learn more about crypto? Knowing your goals will help you pick the right app.

For example, if you just want to buy some Bitcoin and hold onto it, you might want a simple app with a good wallet feature like MetaMask. But if you’re keen on trading different types of crypto, you’ll need an app with more trading options like Binance or Bybit.

2. Check What Cryptocurrencies They Offer

Not all crypto trading apps offer the same coins. Some might only have the big names like Bitcoin and Ethereum. Others might have hundreds of different cryptocurrencies. Think about which coins you’re interested in and make sure the app you choose has them.

Binance is best for trading popular assets like BTC and ETH, whereas Bybit and MEXC are best for trading low-cap altcoins.

3. Look at the Fees

Fees can eat into your profits if you’re not careful. Most apps charge fees when you buy, sell, or trade crypto. Some might also charge fees for depositing fiat into your account or taking it out. Look for an app that has lower fees or competitive fees and that seems fair to you.

MEXC is best for zero-fee spot trading Bitcoin and altcoins.

4. Safety and Security

Safety is super important when it comes to your digital assets. Look for apps that take security seriously. They should offer things like two-factor authentication (where you need a second code to log in) and insurance for your funds (or PoR data). It’s also a good idea to check if the app is licensed or regulated to operate in your country.

5. Try Out the App

Most crypto apps let you create an account for free. Take advantage of this! Sign up and explore the app. Is it easy to use? Can you find your way around without getting confused? The best app for you is one that you find easy to explore and use.

6. Look for Learning Resources

When you’re new to crypto, having good learning materials can be really helpful. Some apps like Binance offer articles, videos, or even courses to help you understand crypto better. If learning is important to you, pick an app that offers good educational content.

7. Check Customer Support

Things can go wrong sometimes, and when they do, you want to be able to get help quickly. Look for apps that offer good customer support. This might include live chat, email support, or phone support. The faster and easier it is to get help, the better.

8. Read Reviews from Other Users

Other crypto traders’ experiences can give you valuable insights. Look for reviews online, but be smart about it. Don’t just look at the star rating. Read what people say about using the app day-to-day. Are they happy with it? Do they mention any problems?

Remember, there’s no “best” app for everyone. The right app for you depends on what you need and what feels comfortable to use. Take your time, do your research, and don’t be afraid to try a few different options.

What is a Crypto App?

A crypto app is a mobile or desktop application designed to facilitate cryptocurrency transactions, trading, and management. These apps serve as digital wallets, trading platforms, or all-in-one solutions for crypto enthusiasts. They provide users with easy access to buy, sell, store, and monitor various cryptocurrencies.

Key features of crypto apps include:

  • Cryptocurrency exchange or wallet functionality
  • Real-time market data and price tracking
  • Trading capabilities
  • Portfolio management tools
  • Educational resources

Types of Crypto Apps

There are several types of crypto apps catering to different needs:

  1. Crypto Exchange Apps: These platforms allow you to buy, sell, and trade cryptocurrencies. Examples include Binance, Bybit, MEXC, and BingX.
  2. Crypto Wallet Apps: Focused on secure storage of cryptocurrencies. MetaMask, Trust Wallet, Exodus, and Mycelium are some of the best cryptocurrency wallet apps.
  3. Crypto Payment Apps: These facilitate crypto transactions for goods and services. The best crypto payment apps include BitPay and Crypto.com.
  4. Crypto Portfolio Tracking Apps: Designed to monitor cryptocurrency investments across multiple platforms. CoinMarketCap, CoinStats, and Delta are well-known top crypto portfolio tracker apps.
  5. Crypto Mining Apps: Although less common for beginners, these applications let you mine cryptocurrency using your smartphone. Examples include MinerGate and Crypto Miner.
  6. Crypto DeFi Apps: Decentralized finance applications that offer various financial services without intermediaries. Uniswap is the top DEX crypto exchange app and Aave is a popular crypto lending and borrowing platform.

What Makes the Best Crypto Exchange For Beginners

When choosing a crypto app as a beginner, look for these helpful features:

  • Simple, clear dashboard
  • Built-in tutorials
  • Demo trading with fake money
  • Easy-to-understand trading fees without hidden charges
  • Regular market updates in simple terms
  • Community forums for user discussions
  • Quick, responsive customer support
  • Educational content like articles or videos
  • Price alerts for your chosen cryptocurrencies
  • Step-by-step guides for common actions like buying crypto
  • Ability to start with small amounts
  • Clear transaction history

How Do Beginners Get Started with a Cryptocurrency App?

Starting your crypto journey with a crypto app is straightforward:

Step 1: Research and Choose an App – Look for the best crypto app for beginners with good security features, user-friendly interfaces, and positive reviews. Consider factors like supported cryptocurrencies, fees, and available features.

Step 2: Download and Install – Get the app from official sources like the App Store or Google Play Store. You can also consider downloading from the official websites.

Step 3: Create an Account – Sign up using your email address and create a strong password.

Step 4: Complete Verification – Most apps require identity verification (KYC) to comply with regulations. This usually involves submitting a government-issued ID and proof of address.

Step 5: Secure Your Account – Enable two-factor authentication (2FA) for added security.

Step 6: Fund Your Account – Add funds using your preferred method (bank transfer, credit card, PayPal, Google Pay, Banxa, etc.).

Step 7: Start Crypto Trading – Begin with small amounts to familiarize yourself with the app’s features and the volatile nature of cryptocurrencies.

Step 8: Learn and Explore – Utilize educational resources the app provides to enhance your understanding of cryptocurrencies and trading strategies.

Do I Need KYC When Using Bitcoin App?

ID verification can be required using top Bitcoin apps for beginners, as it is a standard procedure in the financial market. Whether you need KYC depends on several factors:

  • Regulatory Requirements: Many countries require crypto apps to implement KYC to prevent money laundering and fraud.
  • App Policy: Some cryptocurrency apps enforce KYC for all users, while others may allow basic functions without full verification.
  • Transaction Limits: Often, apps impose lower transaction limits for non-verified accounts.
  • Types of Services: Certain features, like fiat-to-crypto exchanges or higher withdrawal limits, typically require KYC.
  • Geographical Location: KYC requirements can vary depending on your country of residence.

While it’s possible to find the best crypto apps for beginners that don’t require KYC (especially decentralized exchanges), most reputable and beginner-friendly apps will have some level of verification. Completing KYC can provide benefits like increased security, higher transaction limits, and access to more features.

Security Tips for Using Crypto Apps

  • Use Robust, Distinctive Passwords: Make sure any cryptocurrency application you use has a strong password.
  • MFA: Turn on two-factor authentication (2FA) to give your account an additional degree of protection.
  • Watch Out for Phishing: Download software from reputable sources only, and be wary of scam emails or links.
  • Maintain Software Updates: Update your device’s operating system and crypto software regularly.
  • Use a Hardware Wallet: If you have a lot of digital assets, you might want to move them to an offline hardware wallet like Ledger or Trezor.
  • Make a wallet backup: Keep your private keys or recovery phrases offline and safe.
  • Use Secure Networks: Try to avoid using public Wi-Fi networks to use cryptocurrency apps.
  • Keep an eye on your accounts: Examine your account activity and transaction history regularly.
  • Educate Yourself: Keep up to date on security best practices and frequent cryptocurrency frauds.

Conclusion

In conclusion, the best crypto app for beginners offer a simple and secure way to start cryptocurrency trading and investing. By using apps like Binance, Coinbase, Bybit, BingX, MEXC, Crypto.com, Bitget, MetaMask, OpenSea, and CoinMarketCap, you can manage your crypto assets with ease. 

Each app has unique features to suit different needs, whether you want to trade, track prices, or store cryptocurrencies. When choosing the best crypto app for beginners, focus on key aspects like safety, fees, and user experience to make informed decisions.

FAQs

What is the easiest crypto app for beginners?

Binance is the easiest crypto exchange for beginners. It is approachable for beginners because of its user-friendly design, extensive educational materials, and robust security measures. 

It provides a simple buying procedure and supports a wide range of cryptocurrencies for trading, which is very useful for beginners. Consider Bybit and BingX as additional apps that are suitable for beginners.

How much money do I need to start using a crypto app?

The minimum amount required to start using a crypto app can vary depending on the platform, but many apps have made it possible to begin with very small amounts, sometimes as little as $1 to $10. CoinMarketCap is also a free-to-use crypto app for price tracking.

What apps are best for buying crypto?

Binance, Bybit, BingX, and MEXC are the best apps to buy crypto or Bitcoin. These cryptocurrency exchanges offer instant fiat-to-crypto conversion, multiple supported coins, and advanced trading features like leverage, copy trading, bots, staking, and more.

What’s the best app to buy Bitcoin with a credit card?

Binance is the best crypto app to purchase Bitcoin (BTC) using a credit card. With card transaction fees of around 3.75%, it offers some of the lowest costs for quick Bitcoin transactions. The app accepts various credit card providers like Visa and Mastercard. While using credit cards may incur extra fees depending on your bank, Binance’s overall low fees make it an attractive option for buying BTC and other digital assets with credit cards.

What’s the best crypto app with no verification?

If you’re looking to buy crypto without going through verification, MEXC and Uniswap are excellent options to consider. MEXC is a centralized exchange that stands out because it doesn’t require you to verify your identity for transactions, making it a great choice for those who value privacy. You can withdraw up to 10 BTC each day without needing to complete any KYC (Know Your Customer) processes. 

On the other hand, Uniswap takes a different approach as a decentralized exchange. It allows you to trade cryptocurrencies directly from your wallet, completely bypassing any verification. This method gives you more control over your transactions and enhances your privacy, making it easier to engage in crypto trading on your own terms.

Can I learn about cryptocurrency through these apps?

Yes, you can learn about cryptocurrency through these apps. Many crypto apps have recognized the need for educational resources and have integrated learning materials directly into their services. This makes it possible for users to learn about cryptocurrency while using the app. 

For example, Binance has created Binance Academy, a free learning resource that offers in-depth information on cryptocurrencies and blockchain technology. 

Can I practice trading without risking real money?

Yes, you can practice trading without risking real money using crypto apps that offer demo trading features. These virtual trading accounts allow you to practice your trading strategies using simulated money in real-time market conditions. 

Bybit, for instance, provides users with a virtual portfolio loaded with 50,000 USDT, 50,000 USDC, 1 BTC, and 1 ETH in practice money. Binance offers a testnet specifically for futures trading, allowing you to familiarize yourself with this more complex form of leverage trading.

How do I keep myself safe when using crypto app?

Staying safe while using crypto app is crucial, and there are several best practices to follow. First and foremost, always be on the lookout for phishing attempts and be cautious of suspicious links. It’s a good idea to create strong passwords and enable two-factor authentication (2FA) for added security on your accounts. 

Also, protecting your private keys is vital – never share your seed phrase with anyone, as it gives access to your crypto holdings. And, be wary of unsolicited messages or requests related to your accounts and double-check their authenticity. By following these guidelines and maintaining a healthy level of skepticism, you can significantly lower your chances of falling victim to scams.

What happens if I lose access to my crypto app?

Although losing access to your cryptocurrency app might be distressing, you can typically take a few steps to get it back. Making quick contact with the app’s customer support team should be your initial step in taking action. They can help you with the account recovery procedure, which frequently entails providing your email address or responding to security questions. 

Even if you are unable to use the app itself, you may reclaim access to your assets by using the recovery phrase (if it’s a crypto wallet). Plus, you might occasionally need to undergo the Know Your Customer (KYC) procedure once more to verify your identification. 

To prevent such issues, it’s crucial to store your recovery phrase securely, enable two-factor authentication, and keep your email and phone number updated in the app.

Is it better to use a crypto app or a desktop platform?

Choosing between a crypto app and a desktop platform depends on what you need and like. Crypto apps are handy and easy to use on the go, letting you manage your crypto assets from anywhere. They often have simple designs, which makes them good for beginners. However they might not have as many features as desktop versions, and their small screens can make it hard to do detailed analysis. 

Desktop platforms usually have more features and are better for complex trading and deep technical analysis. They have bigger screens for charts and often have more advanced tools. For beginners, crypto apps are often good enough and easier to use. As you learn more and want to do more complex things, you might start to prefer desktop platforms.

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9 Best Crypto Leverage Trading Platforms in 2025 https://nftevening.com/best-crypto-leverage-trading-platforms/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-leverage-trading-platforms Thu, 29 Aug 2024 03:29:33 +0000 https://nftevening.com/?p=139941 Leverage trading offers a high-risk, high-reward opportunity. By borrowing funds from a crypto platform, you can amplify your positions and potentially reap substantial profits. However, this strategy also carries significant

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Leverage trading offers a high-risk, high-reward opportunity. By borrowing funds from a crypto platform, you can amplify your positions and potentially reap substantial profits. However, this strategy also carries significant risks. 

To start leverage trading successfully, it’s crucial to select the right trading platform. This guide will delve into the best crypto leverage trading platforms, providing insights into their features, benefits, and potential drawbacks.

List of the Top Crypto Leverage Trading Platforms

Here is the list of the top 9 best cryptocurrency leverage trading exchanges based on various factors such as leverage ratio, fees, trading pairs, user experience, and more.

  1. Binance: Overall best crypto leverage trading platform
  2. Bybit: Best for crypto derivatives trading
  3. MEXC: 200x leverage trading with zero futures maker fees
  4. OKX: Best for crypto margin trading
  5. KuCoin: Best for altcoin trading with leverage
  6. Bitget: Best for futures copy trading
  7. Coinbase: Best U.S.-based crypto leverage trading platform
  8. BingX: Best for grid trading
  9. dYdX: Best decentralized leverage trading platform

Top Bitcoin Leverage Trading Platforms & Exchanges Reviewed

1. Binance: Overall best crypto leverage trading platform

Binance: Overall best crypto leverage trading platform

Binance is our #1 crypto platform for leverage trading. Founded in 2017, this exchange has quickly risen to become one of the largest by trading volume, handling over $20 billion in daily transactions.

Binance’s leverage trading platform allows you to amplify your potential profits by up to 125x on Bitcoin and Ethereum. It has a maximum 100x leverage for other altcoins like ADA, ATOM, LINK, AVAX, and more. The exchange supports over 400 cryptocurrencies and offers various trading options, including perpetual futures contracts, margin trading, and options trading.

One of Binance’s standout features is its competitive fees, with futures trading fees starting at just 0.2% maker and 0.05% taker and even lower for high-volume traders and BNB holders. The platform also boasts high liquidity, ensuring smooth order execution even during volatile market conditions.

Security is a top priority for Binance, which employs multiple measures to protect user funds. These include two-factor authentication, address whitelisting, and the Secure Asset Fund for Users (SAFU), which allocates 10% of trading fees to cover potential losses in extreme cases.

Types of Crypto Leverage Trading USDT-M, USDC-M, Coin-M futures, margin trading, and options trading
Maximum Leverage 125x
Fees Futures Market: 0.02%/0.05%

Options Trading: 0.03% maker/taker

No. of Coins and Tokens 400+ tokens and 1200+ trading pairs

Pros

  • High-leverage trading with up to 125x
  • Competitive trading fees (starting at 0.1%)
  • Supports 400+ cryptocurrencies including top altcoins
  • High liquidity and trading volume
  • Advanced charting tools and technical analysis features
  • Mobile app available for both iOS and Android

Cons

  • It does not support leverage trading for the U.S. traders
  • Regulatory scrutiny in multiple countries
binance-logo-2

User Score

10

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2. Bybit: Best for crypto derivatives trading

Binance: Overall best crypto leverage trading platform

Bybit is the best crypto derivatives trading platform with USDT and USDC perpetual futures and inverse perpetuals. You can trade futures, options, and margins among additional products. The platform processed an average daily trading volume of $10 billion, showcasing its significant market presence.

With Bybit’s futures trading, you can trade popular cryptocurrencies like Ethereum and Bitcoin with positions that are leveraged up to 100 times. For cryptocurrencies or low-cap altcoins such as SOL, ADA, XRP, and others, it is lower around 75x leverage. You can successfully manage your holdings with the use of the platform’s sophisticated trading features, including take-profit and stop-loss orders, and a user-friendly interface.

Bybit allows you to borrow crypto to expand your trading power through margin trading. You have the opportunity to possibly optimize your gains on price fluctuations with up to 10x leverage available for spot trading. Plus, Bybit offers options trading, which lets you make predictions about future price changes without having to buy or sell the underlying asset.

Types of Crypto Leverage Trading USDT and inverse perpetuals, USDC options, margin, trading bots
Maximum Leverage 100x
Fees Futures Market: 0.02%/0.055%

Options Trading: 0.02% maker/taker

No. of Cryptocurrencies 1200+ trading pairs

Pros

  • High-leverage trading contracts (up to 100x for futures)
  • 24/7 customer support with fewer response times
  • User-friendly interface with advanced charting tools
  • Dual price mechanism to prevent market manipulation
  • Over 1200 trading pairs are available

Cons

  • Not available for US residents due to regulatory issues
  • Limited fiat currency support for deposits and withdrawals
bybit-logo-white

User Score

9.7

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3. MEXC: 200x leverage trading with zero futures maker fees

MEXC: 200x leverage trading with zero futures maker fees

MEXC is the highest leverage trading platform among crypto exchanges with up to 200x leverage for BTC and ETH. The platform now serves over 10 million users worldwide, spanning more than 170 countries. What sets MEXC apart is its easy-to-use design and the sheer number of trading options it offers – you can trade over 2,500 different cryptocurrencies across 3000+ pairs.

One of the biggest draws of MEXC is its zero-fee trading for futures-maker traders. It only charges 0% maker and 0.01% taker. This means active traders can save a lot of money on transaction costs. Another appealing feature is that MEXC doesn’t require KYC (Know Your Customer) checks for basic accounts, which is great for users who value their privacy. However, if you want to withdraw larger amounts (more than 10 BTC per day), you’ll need to verify your identity.

MEXC takes security seriously. They use multiple-signature cold wallets to store user funds and regularly check their systems for any weaknesses. The exchange also provides PoR data for solvency checks. So far, they haven’t had any major security breaches, which helps users feel safe about their digital assets.

Types of Crypto Leverage Trading

Futures trading only
Maximum Leverage 200x
Fees

Futures Market: 0%/0.01%

Supported Cryptocurrencies 2500+ trading pairs

Pros

  • Best no-KYC crypto exchange with leverage
  • You can withdraw up to 10 BTC daily without KYC on basic accounts
  • Offers high leverage, up to 200x on futures trades
  • Huge selection with 2,500+ crypto assets
  • Events for leverage traders including “Futures M-day”

Cons

  • No margin trading or options contracts
  • Trading without ID verification can be risky
  • Only supports 3 fiat currencies in the P2P trading market
MEXC_square_logo-removebg-preview

User Score

9.5

Promotion

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-10% Trading Fees

4. OKX: Best for crypto margin trading

OKX: Best for crypto margin trading

OKX has been one of the top crypto margin trading exchanges since it started in 2017. The exchange offers traders lots of financial products, from simple buying and selling to more complex trades with borrowed money and lending. Over 50 million people in more than 100 countries use OKX. It’s not just for experts – new traders can use it too. You can trade over 350 different cryptocurrencies here. It supports over 100x maximum leverage for futures trading. 

One of OKX’s standout features is its user-friendly interface, which simplifies the complex world of leverage trading. The platform also provides advanced trading tools, including real-time market data, technical analysis indicators, and a customizable dashboard. It also has an extensive margin trading market with cross-margin trading and isolated margin trading modes.

OKX is also safe and legit, with the exchange implementing multi-signature wallets, cold storage for the majority of user funds, and regular security audits.

Types of Crypto Leverage Trading Perpetual futures and options contracts
Maximum Leverage 100x
Fees Futures Market: 0.02%/0.05%

Options Trading: 0.02%/0.03%

Supported Cryptocurrencies 350+ trading pairs

Pros

  • High liquidity with daily trading volumes exceeding $10 billion
  • Supports 350+ cryptocurrencies for diverse trading options
  • Offers up to 100x leverage on futures contracts
  • Advanced trading features like stop-loss and take-profit orders
  • Mobile app available for Android and iOS devices

Cons

  • Not available to US-based traders due to regulatory issues
  • Fewer support cryptocurrencies compared to other exchanges like MEXC or Bybit
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User Score

10

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5. KuCoin: Best for altcoin trading with leverage

KuCoin: Best for altcoin trading with leverage

KuCoin, launched in 2017, has quickly become a go-to platform for altcoin crypto enthusiasts. With over 700 cryptocurrencies and 1,200+ trading pairs, KuCoin offers a robust ecosystem for leverage traders looking beyond mainstream coins.

The exchange boasts an impressive daily trading volume exceeding $1 billion, attracting both novice and experienced traders. KuCoin’s user-friendly interface, coupled with advanced trading features such as TradingView integration, advanced order types, and technical indicators makes it a great crypto leverage trading platform.

One standout feature is KuCoin’s leverage options. It supports up to 125x leverage in the futures market and 5x leverage for margin trading modes. The exchange also supports trading ‘leveraged tokens’. These are designed to deliver 3x the daily returns of their underlying asset, minus fees. For instance, if Bitcoin’s price increases by 1% in a day, the BTCUP3L token aims to gain 3%, while BTCDOWN3L would lose 3%.

Types of Crypto Leverage Trading Perpetual futures, margin, leveraged tokens, and grid trading bots
Maximum Leverage 125x
Fees Futures Market: 0.02%/0.06%
Supported Cryptocurrencies 700+ trading pairs

Pros

  • Access to 700+ altcoins, including many not found on other major exchanges
  • Up to 125x leverage on select trading pairs
  • 24/7 customer support with multiple language options
  • User-friendly mobile app with over 5 million downloads
  • Offers a built-in P2P marketplace for direct crypto purchases

Cons

  • Not regulated in top financial jurisdictions
  • Limited fiat currency withdrawal support compared to some competitors
  • No copy trading support
Kucoin logo

User Score

9.3

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6. Bitget: Best for futures copy trading

Bitget: Best for futures copy trading

Bitget is another Bitcoin leverage trading platform best for crypto copy traders. The exchange has 180,000+ elite traders along with professional traders and copiers. It is also user-friendly and popular with over 30 million users in 100+ nations.

Futures copy trading on Bitget allows novice traders to mirror the strategies of experienced traders. This approach has contributed to Bitget’s impressive daily trading volume, which often exceeds $5 billion.

The platform supports over 800 cryptocurrencies and offers leverage up to 125x on certain top trading pairs like BTC and ETH. Bitget’s user-friendly interface makes it accessible for beginners, while its advanced tools cater to seasoned traders. It also supports margin trading along with futures trading bots.

Types of Crypto Leverage Trading Perpetual futures, margin, copy trading, and futures bots
Maximum Leverage 125x
Fees Futures Market: 0.02%/0.06%

Margin interest rates: 0.003% daily (subject to change)

Supported Cryptocurrencies 800+ trading pairs

Pros

  • 99.99% system uptime, ensuring reliable trading
  • 24/7 customer support with a fast response time
  • Up to 20% discount on trading fees for BGB token holders
  • $400 million insurance fund to protect user assets
  • Advanced charting tools for crypto day traders with leverage

Cons

  • Copy trading commission can be higher (up to 15%)
  • Lower liquidity in some newly launched coins and projects
bitget-token-new-bgb-logo

User Score

9.4

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7. Coinbase: Best U.S.-based crypto leverage trading platform

Coinbase: Best U.S.-based crypto leverage trading platform

Coinbase, a leading cryptocurrency exchange for U.S. traders, has also expanded its offerings to include futures trading. Founded in 2012, Coinbase has built a reputation for security and compliance, serving over 108 million verified users across 100+ countries.

In futures trading, Coinbase offers a modest 10x leverage on select cryptocurrencies. This approach balances the potential for higher profits with a more conservative risk profile compared to some competitors. 

Coinbase’s leverage trading interface is designed with user-friendliness in mind, featuring intuitive order placement and real-time market data. The exchange supports a variety of order types, including market, limit, and stop orders, allowing traders to implement diverse strategies.

One standout feature is Coinbase’s robust security measures. The platform employs cold storage for 98% of user funds, multi-factor authentication, and insurance against cybersecurity breaches. 

Types of Crypto Leverage Trading Futures trading only
Maximum Leverage 10x
Fees Futures Market: 0.4%/0.6%
Supported Cryptocurrencies Only 7 futures pairs and 240+ spot trading pairs

Pros

  • Regulated by U.S. authorities, ensuring compliance and user protection
  • 10x leverage offers a balanced risk-reward ratio
  • Advanced trading features available on Coinbase Advanced
  • $250,000 FDIC insurance on USD balances
  • Additional products like Coinbase Wallet and Coinbase Custody

Cons

  • Only supports 10x leverage
  • Fewer supported crypto futures contracts
  • Very high fees compared to some competitors
coinbase

User Score

9.8

Coinbase Promotion

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8. BingX: Best for grid trading

BingX: Best for grid trading

BingX, established in 2018, has quickly become the best platform in the world of crypto leverage trading. The exchange, based in Singapore, allows users to trade more than 800 different cryptocurrency pairs. Traders can use leverage up to 125 times their investment, which appeals to both new and experienced market participants.

The platform has seen impressive growth, with its user count reaching beyond 10 million across more than 100 countries. A key feature that sets BingX apart is its social trading option. This allows users to mimic the trading moves of successful traders. With more than 17,000 expert traders available to follow, this feature has gained popularity. 

For those new to trading, BingX offers a practice account with $100,000 in virtual money, letting users learn without risking real funds. BingX takes security seriously. It follows regulations in various countries and uses advanced wallet protection.

Types of Crypto Leverage Trading Standard futures and perpetual futures trading, Grid trading, and social trading
Maximum Leverage 125x
Fees Perpetual Futures: 0.02%/0.05%

Standard Futures: 0.045% (only closing positions)

Supported Cryptocurrencies 800+ assets

Pros

  • Up to 125x leverage on major trading pairs
  • Copy trading with multiple metrics
  • Demo account for practicing high-leverage trading
  • Automated strategies with grid trading bots
  • Staking and earn services for beginners

Cons

  • Lower trading volume compared to other crypto platforms like Binance and OKX
  • No margin trading
  • Does not have an options trading market
Bingx logo

User Score

9.7

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9. dYdX: Best decentralized leverage trading platform

dYdX: Best decentralized leverage trading platform

Founded in 2017, dYdX is one of the most popular decentralized exchanges for crypto perpetual futures trading. This platform offers a unique blend of high-performance trading tools and decentralized finance (DeFi) principles.

dYdX supports perpetual contracts for 133+ major cryptocurrencies like Bitcoin, Ethereum, and several altcoins. Its user-friendly interface, coupled with advanced trading features, has contributed to its growing user base.

One of dYdX’s standout features is its layer-2 scaling solution, which leverages StarkWare’s technology to offer near-instant trades and significantly lower gas fees compared to Ethereum mainnet transactions. The platform’s commitment to decentralization is evident in its governance token, DYDX, which gives holders voting rights on key protocol decisions.

Types of Crypto Leverage Trading Perpetual futures contracts
Maximum Leverage 20x
Fees 0.02% maker and 0.05% taker
Supported Cryptocurrencies 133+ 

Pros

  • Up to 20x leverage on perpetual contracts
  • Low trading fees, similar to centralized exchanges
  • Non-custodial platform, enhancing security
  • 99.9% uptime reported

Cons

  • Limited supported coins for trading
  • No fiat on-ramp, requiring users to already own crypto in a crypto wallet
  • Occasional liquidity issues for less popular trading pairs

Comparison between Best Cryptocurrency Leverage Trading Platforms

Exchange Maximum Leverage Futures Fees Number of Supported Cryptocurrencies
Binance 125x 0.02% maker / 0.05% taker 400+ 
Bybit 100x 0.02% maker / 0.055% taker 1200+
MEXC 200x 0% maker / 0.01% taker 2500+
OKX 100x 0.02% maker / 0.05% taker 350+
KuCoin 125x 0.02% maker / 0.06% taker 700+
Bitget 125x 0.02% maker / 0.06% taker 800+
Coinbase 10x 0.4% maker / 0.6% taker 7 futures pairs only
BingX 125x 0.02% maker / 0.05% taker 800+
dYdX 20x 0.02% maker / 0.05% taker 133+

How to Choose the Best Crypto Leverage Trading Platform?

When selecting a crypto leverage trading platform, several key factors come into play. 

1. Types of crypto leverage trading products

Crypto leverage trading comes in various forms. Futures contracts let traders speculate on future prices, often with high leverage. Margin trading allows borrowing funds to increase position sizes. Options trading gives the right, but not the obligation, to buy or sell at a set price. For automated strategies, futures trading bots execute trades based on predetermined rules. 

Each product has its own risk profile and potential rewards, so understanding their differences is key to choosing the right one for your trading style.

2. Leverage ratio

The amount that you can borrow in relation to your initial investment is determined by the leverage ratio. Greater ratios provide a higher potential for profit but also carry a higher risk. The majority of platforms provide ratios between two and one hundred times, and some much higher. 

Novice traders want to begin with smaller ratios, whilst seasoned traders may employ more leverage. Select a platform according to the leverage you need. Select MEXC if you wish to use about 200x leverage.

3. Supported Cryptocurrencies

The range of supported cryptocurrencies varies widely between platforms. Some focus on major coins like Bitcoin and Ethereum, while others offer a broader selection including altcoins. Consider which cryptocurrencies you want to trade and ensure the platform supports them. 

Look for platforms that regularly add new coins to stay current with market trends. Keep in mind that less popular coins might have lower liquidity, affecting trade execution.

MEXC and Bybit are best for leverage trading low-cap altcoins or new projects.

4. Fees

Trading fees can significantly impact your profits, especially with frequent day trading. Compare fee structures across platforms, looking at maker and taker fees, funding rates for perpetual futures, and any hidden costs. 

Some platforms offer tiered fees based on trading volume, rewarding active traders. Watch out for withdrawal fees, which can vary by cryptocurrency. Remember, the lowest fees aren’t always the best if they come at the cost of other important features. Calculate potential fees based on your expected trading volume to get a clear picture.

Binance, Bybit, and MEXC are the best crypto exchanges for day trading and high-volume traders due to significant discounts on fees.

5. Security

Security is paramount in crypto trading. Look for platforms with robust measures like two-factor authentication, cold storage for funds, and regular security audits. Check if the platform has insurance against hacks or a track record of compensating users for losses. 

Research the platform’s history of security incidents and how they were handled. Consider using crypto hardware wallets for long-term storage of your digital assets. 

OKX and Coinbase are some of the safest and highest-regulated crypto exchanges.

6. Payment methods

Diverse payment options make funding your account easier. Look for platforms supporting bank transfers, credit/debit cards, and popular e-wallets. Some platforms also accept other cryptocurrencies for deposits. Check if there are fees associated with different payment methods. 

Faster options like credit cards might have higher fees. Consider withdrawal options too – some platforms have minimum withdrawal amounts or limited fiat currency support. Verify if your preferred payment method is available in your country, as options can vary by region.

7. User trading experience

A platform’s interface can greatly affect your trading efficiency. Look for intuitive layouts, customizable charts, and a variety of order types. Mobile apps are crucial for trading on the go. 

Check if the platform offers demo accounts to practice without risking real money. Advanced features like API access for algorithmic trading can be important for experienced traders. Consider the platform’s execution speed and reliability during high market volatility.

8. Customer Support

Check for crypto leverage trading platforms that include live chat, email, and phone support along with round-the-clock assistance. Read user reviews to determine response times and level of service. VIP users can avail of dedicated support from some platforms. 

Examine whether the platform has community forums, FAQs, and instructional materials to assist in resolving problems. Keep in mind that receiving excellent customer service can significantly improve your trading experience, particularly when handling accounts or technical difficulties.

9. Bonus & Incentives

Many crypto futures platforms offer bonuses to attract and retain users. These can include high-leverage trading bonuses, reduced fees for high-volume traders, or referral programs. 

Look for platforms that offer ongoing incentives, not just initial sign-up bonuses. Remember, while bonuses can boost your trading capital, they shouldn’t be the primary factor in choosing a platform. Focus on the platform’s core features and reliability first.

What is Crypto Leverage Trading?

Crypto leverage trading is a high-risk, high-reward strategy in the digital asset market. It allows traders to amplify their exposure to price movements by using borrowed funds. With leverage, investors can open positions larger than their actual capital, potentially magnifying profits. 

For example, with 10x leverage, a $1,000 investment can control a $10,000 position. However, this sword cuts both ways – losses are equally amplified. The Leverage ratio in the cryptocurrency market can be extreme, sometimes reaching 100x or more. This practice is popular due to the volatile nature of cryptocurrencies, where significant price swings can occur rapidly. 

Leverage vs. Margin Trading: What’s the Difference?

Feature Leverage Trading Margin Trading
Definition Utilizing borrowed funds to amplify position size Using borrowed funds as collateral for trading
Loan Source Typically provided by the crypto exchange itself Often provided by other lenders on the exchange
Typical Ratios Can be extremely high, sometimes up to 100x Generally lower, typically 2x to 5x
Risk Level Higher risk  Moderate risk
Market Availability Common in crypto and forex markets Available in most financial markets
Profit Potential Higher Moderate
Fee Structure May include funding fees for maintaining positions Interest charged on borrowed funds
Ownership The trader does not own the underlying asset The trader owns the asset bought on margin
Timeframe Typically used for short-term trading Can be used for both short-term and long-term trading

Best Practices for Crypto Leverage Trading

  1. Risk Management: It is critical to manage risks. To start limiting possible losses, establish explicit stop-loss orders. Take-profit orders are also a useful tool for securing profits when the market trends your way. Furthermore, think about employing hedging techniques to reduce risks by assuming opposing holdings in connected assets.
  2. Research and knowledge: Keep yourself informed on news, technical indicators, and market movements. Understanding the underlying causes of asset prices can be gained through fundamental analysis. Patterns and possible price movements are identified with the aid of technical analysis.
  3. Emotional Discipline: Steer out of quick trading decisions motivated by greed or fear. Avoid overtrading or chasing losses and instead, stick to your trading plan.
  4. Reputable Platform: Select a trustworthy leverage trading exchange that has strong security protocols and a positive image. Make sure that the platform provides effective order execution and transparent fees.
  5. Start with Modest Leverage: Before increasing exposure, start with a modest leverage ratio to test your tactics and get expertise.
  6. Gradual Position Sizing: As your knowledge and self-assurance increase, progressively expand your position size.
  7. Diversification: To lower risk, distribute your investments among a variety of digital assets.

How to Leverage Trade Crypto?

  1. Choose a Leverage Trading Exchange: Go with a trustworthy cryptocurrency broker that provides trading with leverage. You can choose top crypto margin trading platforms or futures trading platforms based on your needs. Take into account elements including the platforms’s track record, costs, and selection of cryptocurrencies.
  2. Create an Account: Open an account and make a deposit with the fiat currency or crypto of your choice. Make sure the deposit procedure is effective and safe.
  3. Choose a Digital Currency: Select the coin that you wish to leverage trade-in. Think about things like market patterns, volatility, and your investing objectives.
  4. Select the Leverage: As you decide on the appropriate leverage ratio, consider the hazards involved. Selecting a leverage ratio that fits your trading style and risk tolerance is crucial because higher ratios can magnify both gains and losses.
  5. Start Buying a Leveraged Contract: Put in a buy (or long) or sell (or short) order for the cryptocurrency you’ve chosen. Use stop-loss orders to safeguard your position against unwarranted losses and limit orders to indicate the price at which you wish to purchase or sell.
  6. Track Position: Keep an eye on the performance of your cryptocurrency position. Review your trading plan on a regular basis and adjust it according to your risk tolerance and the state of the market.

Conclusion

In conclusion, the best leverage trading platforms offer a range of features to suit different trader needs. From Binance’s high trading volume and MEXC’s extensive altcoin selection and low fees, each platform has its strengths. Newcomers might prefer user-friendly interfaces like Bybit or KuCoin, while experienced traders could benefit from Bitget’s copy trading or dYdX’s decentralized approach. 

When choosing a platform, consider factors such as leverage ratios, supported cryptocurrencies, fees, security measures, and user experience. Always practice responsible trading and understand the risks involved with leverage. 

FAQs

Is crypto leverage trading safe?

Crypto leverage trading is safe to start, but it is highly risky. While it can be profitable for experienced traders, it’s not considered safe for beginners. The high volatility of cryptocurrencies combined with leverage can lead to rapid liquidations. To mitigate risks, you should use stop-loss orders, start with lower leverage ratios, and never invest more than you can afford to lose.

Which is the highest leverage trading platform for crypto?

MEXC offers the highest leverage among the platforms, with up to 200x leverage for Bitcoin and Ethereum trading. This is significantly higher than most other platforms, which typically offer maximum leverage between 100x and 125x. 

Can you trade with 100x leverage on Binance?

Yes, Binance offers 100x leverage for trading certain cryptocurrencies. However, the maximum leverage varies depending on the specific trading pair. For instance, Bitcoin and Ethereum can be traded with up to 125x leverage on Binance, while other altcoins have lower maximum leverage ratios, typically around 75x to 100x. 

What is the best platform for crypto leverage trading?

The best platform for crypto leverage trading depends. Binance stands out for its overall features, offering up to 125x leverage, low fees, and high liquidity. For those seeking the highest leverage, MEXC provides up to 200x. 

Bybit excels in derivatives trading, while Bitget is notable for its copy trading feature. U.S. traders might prefer Coinbase for its regulatory compliance. If you consider DEXs, dYdX is your go-to choice.

What are the tips to minimize risks when using leverage trading?

To minimize risks in leverage trading, start by using lower leverage ratios and gradually increase as you gain experience. Always use stop-loss orders to limit potential losses. 

You can diversify your trades across different assets to spread risk. Use demo accounts or paper trading to practice trading strategies without risking real money. Try to avoid emotional trading and stick to a well-planned strategy. 

Also, regularly review and adjust your approach based on performance. Consider using trading tools like trailing stops or take-profit orders to automate risk management. 

Lastly, never invest more than you can afford to lose, and be prepared for the possibility of significant losses.

What is the difference between cross-margin and isolated-margin leverage modes?

Cross-margin and isolated-margin are two different leverage modes in crypto trading. In cross-margin mode, your entire account balance serves as collateral for all open positions, allowing for more efficient use of capital. This mode automatically transfers funds between positions to avoid liquidation.

Isolated margin, on the other hand, allocates a specific amount of your balance to each position. This limits losses to the margin assigned to that particular trade, providing better risk management. While an isolated margin offers more control, it may require higher overall margin requirements across multiple positions.

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12 Best Cryptocurrency Exchanges in April 2025 https://nftevening.com/best-crypto-exchanges/?utm_source=rss&utm_medium=rss&utm_campaign=best-crypto-exchanges Mon, 26 Aug 2024 08:37:52 +0000 https://nftevening.com/?p=139886 When choosing the best crypto exchanges for trading, you need more than just a list of options. The right platform can greatly impact your trading experience, offering you a mix

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When choosing the best crypto exchanges for trading, you need more than just a list of options. The right platform can greatly impact your trading experience, offering you a mix of security, low trading fees, and a wide range of supported coins. In this guide, we’ll explore the top crypto trading platforms that excel in these areas, helping you make an informed decision.

Top Cryptocurrency Exchanges for 2025

We have reviewed over 30 popular cryptocurrency exchanges based on their fees, features, trading volume, list of supported coins, and more. Here is our final list of the top 12 crypto exchanges:

  1. Binance: Largest crypto exchange by volume
  2. MEXC: Best no-fee crypto exchange
  3. Bybit: Biggest crypto derivatives exchange
  4. BingX: Best exchange for grid traders
  5. Crypto.com: Best Bitcoin trading platform
  6. Coinbase: Best crypto exchange for beginners
  7. CEX.IO: Best for fiat-to-crypto swap
  8. Kraken: Safest crypto exchange
  9. Uniswap: Best decentralized exchange
  10. Bitget: Best copy trading platform
  11. KuCoin: Best altcoin exchange
  12. Gemini: Best crypto exchange in USA

Best Crypto Exchanges & Apps – Detailed Review

Here is a detailed review of the best crypto exchanges based on their trading features, fees, availability, volume, pros and cons.

1. Binance: Largest crypto exchange by trading volume

Binance: Largest crypto exchange by volume

Binance has quickly become the biggest crypto exchange since its start in 2017. With daily trading volumes often surpassing $20 billion, it’s now a preferred choice for over 216 million traders globally. The platform supports over 350 cryptocurrencies and features an easy-to-use interface for newcomers and seasoned traders.

Binance’s popularity comes from its wide range of services, including spot trading, futures, options, and a peer-to-peer marketplace. For beginners, Binance Academy offers free educational resources to help them understand the crypto landscape. The platform’s security is also strong, with a Secure Asset Fund for Users (SAFU) that sets aside 10% of trading fees to protect user funds in emergencies.

The native Binance Coin (BNB) offers perks like lower trading fees and access to token sales on Binance Launchpad. Binance can handle over 1.4 million transactions per second, ensuring quick trades. Plus, you can earn passive income by staking your crypto through Binance Earn, with some assets offering up to 20% annual returns.

Fees and Availability

Binance uses a tiered fee structures, starting at 0.1% maker/taker fees for spot trading. You can reduce to 0.012% maker fees and 0.024% taker fees if you hold BNB and trade large volumes. Withdrawal fees (or gas fees) vary by cryptocurrency and network congestion. Check the full Binance fee structure here.

The Binance exchange is accessible in over 180 countries, but services may be restricted in some areas due to local regulations. 

U.S. residents must use Binance.US, a separate platform with fewer features. The platform supports various fiat deposit methods, including bank transfers, credit/debit cards, and third-party payment options.

Minimum Deposit or Purchase: $1

Trade Limit: Yes (Varies with currency)

Staking or Rewards Program: Yes 

Trading Volume: Over $20B/day

Pros

  • Competitive trading fees, especially when using BNB (25% off)
  • High liquidity across trading pairs
  • Launchpad for investing in new projects
  • Strong focus on user education
  • Multi-language support for global accessibility

Cons

  • Issues with the Securities and Exchange Commission (SEC)
  • Slow customer support during busy periods
binance-logo-2

User Score

10

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2. MEXC: Best no-fee crypto exchange

MEXC: Best for zero-fee trading

MEXC Exchange, established in 2018, has rapidly grown into a key player in digital currency trading. Serving over 10 million customers across more than 170 countries, it provides a wide range of trading options including regular buying and selling, perpetual futures contracts, copy trading, and staking rewards. 

You can trade more than 2,500 different crypto assets across 3,000+ trading pairs, making MEXC one of the most varied platforms for altcoin enthusiasts. The exchange is well-known for quickly adding new tokens to its listings, often being one of the first to offer trading for up-and-coming digital currencies. MEXC takes security seriously, using advanced wallet technology and regular safety checks to keep user funds protected. 

The platform also has slick user experience as it is easy to use for both newcomers and experienced traders alike. Holders of MX, the exchange’s own token, enjoy perks like lower trading costs and special access to new token sales. For those who prefer trading on their phones, MEXC offers mobile apps for both Android and iPhone users. With round-the-clock customer help and support for 18 different languages, MEXC continues to be the top exchange.

Fees and Availability

MEXC does not charge fees for the spot market. It’s 0% maker/taker fees. For futures trading, the fees are lower, starting at 0% for makers and 0.01% for takers. You can cut these fees in half if you pay with MX tokens. Here is the full MEXC fee structure with VIP privileges. 

MEXC works in over 170 countries around the world, but you can’t use it in the United States, Canada, and a few other places. However, it is also a no-KYC crypto exchange, therefore you can still use it. But it’s against the terms and conditions.

Minimum Deposit or Purchase: 1 USDT

Trade Limit: Yes (Varies with currency)

Staking or Rewards Program: Yes 

Trading Volume: over $4.4B/day

Pros

  • 2,500+ tradable digital assets including many altcoins
  • Zero-fee cryptocurrency spot trading
  • 200x leverage trading for advanced traders
  • An easy-to-use platform for all skill levels
  • Solid security measures with no major breaches so far

Cons

  • Does not support direct fiat-to-bank withdrawals in most countries
  • Only supports 3 fiat currencies for P2P trading
  • No-KYC trading can be a security risk
MEXC_square_logo-removebg-preview

User Score

9.5

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3. Bybit: Biggest crypto derivatives exchange

Bybit: Best for advanced derivatives traders

Bybit is one of the best crypto trading platforms for advanced derivatives traders. Founded by Ben Zhou, the platform has grown to serve over 40 million users. Its primary focus is crypto derivatives trading, offering perpetual contracts, futures, and options on major cryptocurrencies like Bitcoin, Ethereum, and XRP. The exchange boasts impressive liquidity, with daily trading volumes often exceeding $10 billion.

One of Bybit’s standout features is its powerful trading engine, capable of processing up to 100,000 transactions per second. This ensures minimal latency and smooth order execution, even during periods of high market volatility. The platform also offers up to 100x leverage on certain trading pairs.

Bybit has invested heavily in network security, implementing multi-signature cold wallets and regular security audits to protect user funds. The exchange also provides a comprehensive educational section, including trading guides, market analysis, and a demo account for novice traders to practice risk-free.

In recent years, Bybit has expanded its offerings to include crypto lending, trading bots, and a launchpool for new token projects. The platform’s mobile app, available on both iOS and Android, allows users to trade on the go and receive real-time market alerts. It also has a Web3 portal with a non-custodial DeFi wallet, NFT marketplace, and DApp explorer.

Fees and Availability

Bybit employs a maker-taker fee model, with spot trading fees starting at 0.1% for takers and 0.1% for makers. Futures trading fees are even more competitive, starting at 0.055% for takers and 0.02% for makers. Higher trading volumes and VIP membership levels can further reduce these fees. Bybit charges 0.2% maker/taker for USDC options trading. 

While Bybit is available in over 180 countries worldwide, it’s notably absent from the United States and Canada due to regulatory constraints.

Minimum Deposit or Purchase: $1 (or 0.0001 BTC)

Trade Limit: Yes (Varies with currency)

Staking or Rewards Program: Yes 

Trading Volume: Over $10B/day

Pros

  • High liquidity and trading volume on top coins
  • Advanced trading engine with low latency
  • Strong security measures
  • User-friendly interface for both beginners and experienced traders
  • Wide range of trading products beyond just derivatives

Cons

  • Not available in some jurisdictions, including the United States
  • Liquidity can be low on some new projects
bybit-logo-white

User Score

9.7

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4. BingX: Best Bitcoin exchange for grid traders

BingX: Best Bitcoin exchange for grid traders

BingX, established in 2018, is another top exchange for copy and derivative trading. With over 10 million users in more than 100 countries, the platform provides a wide range of services, including copy trading, futures, and spot trading.

The platform is distinguished by its advanced trading tools and easy-to-use user interface. Of these, its social trading feature is especially noteworthy, as it enables users to mimic and follow the trading methods of elite traders. The exchange also supports automated “grid trading” bots.

The exchange offers 125x leverage for perpetual futures contracts in addition to support for over 800 spot trading pairs. BingX has demonstrated its dedication to security by instituting multi-signature cold wallets, PoR data, 2FA, and conducting frequent security assessments. 

Fees and Availability

BingX employs a tiered fee structure based on trading volume. Spot trading fees are generally competitive, starting at 0.1% for both makers and takers. For futures contracts, it charges 0.02% maker and 0.05% taker.

BingX is available in 100+ countries worldwide, with notable exceptions including the United States, Canada, and the United Kingdom.

Minimum Deposit or Purchase: $1 (or 0.001 BTC)

Trade Limit: Yes (Varies with currency)

Staking or Rewards Program: Yes 

Trading Volume: Over $358M/day

Pros

  • Robust copy trading platform
  • Innovative automated grid trading tool
  • Wide range of supported cryptocurrencies
  • User-friendly mobile app with advanced features
  • No-KYC trading for anonymous traders

Cons

  • Limited availability in some regions, including the United States
  • Lower trading volume and liquidity compared to other exchanges like Binance and Bybit
Bingx logo

User Score

9.7

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5. Crypto.com: Best Bitcoin trading platform

Crypto.com: Best exchange for mobile app users

Crypto.com is one of the best Bitcoin exchanges, especially for mobile app users. It has a user-friendly app for Android and iOS devices with all the features of the desktop version including crypto trading and market alerts. It supports trading for over 350 cryptocurrencies and 20+ fiat currencies.

One of Crypto.com’s standout features is its Visa card program, which allows you to spend your cryptocurrency at over 80 million merchants worldwide. The platform also offers staking rewards for certain cryptocurrencies, with annual percentage yields (APY) reaching up to 14% for some tokens.

Crypto.com consistently ranks in the top 10 crypto exchanges by volume globally, with daily volumes often exceeding $1 billion. The platform has also made significant strides in regulatory compliance, obtaining licenses in multiple jurisdictions including Europe, the UK, and parts of the US.

Fees and Availability

Crypto.com employs a maker-taker fee model, with fees of 0.3% takers and 0.15% makers. The platform offers fee discounts for users who stake its native CRO token, potentially reducing trading fees by up to 30%. Fiat deposits via bank transfer are typically free, while credit card purchases incur a 2.99% fee. 

In terms of availability, Crypto.com operates in over 100 countries worldwide, though services may be limited in certain regions due to regulatory constraints. In the US, it is available in 49 states. But, it does not support crypto traders from China, Pakistan, and Russia.

Minimum Deposit or Purchase: US$1

Trade Limit: Yes (Varies with currency)

Staking or Rewards Program: Yes 

Trading Volume: Over $5.1B/day

Pros

  • Highly secure with multiple regulatory licenses
  • Innovative Visa card program for crypto spending
  • Competitive staking rewards
  • Availability in major financial hubs like the United States and Canada
  • Withdraw assets using bank transfers

Cons

  • Higher trading fees compared to some competitors like Binance or Bybit
  • Only supports up to 50x leverage on BTC and 20x on other altcoins
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6. Coinbase: Best crypto exchange for beginners

Coinbase: Best crypto exchange for beginners

Based in the United States, Coinbase is the easiest crypto exchange with over 110 million investors. The exchange supports more than 240 cryptocurrencies, including BTC, ETH, SOL, and LTC, but only supports popular and high-cap altcoins for trading. 

It offers two distinct platforms: Coinbase and Coinbase Advanced. The former is more user-friendly, while the latter is designed for advanced traders with features like real-time charts, limit orders, futures trading, and other advanced tools.

While it’s popular among retail investors, Coinbase is also well-suited for institutional crypto investors. The exchange offers Coinbase Prime and Coinbase Custody, both designed specifically for institutional clients. These services provide advanced trading tools, dedicated account management, and comprehensive reporting.

Coinbase’s Over-The-Counter (OTC) desk is a key feature for institutional investors. The OTC desk allows for large trades to be executed without causing significant price fluctuations, which is crucial for big players in the market. 

The platform also offers cold storage solutions, which store 98% of assets offline, minimizing the risk of hacking. The exchange is fully regulated and adheres to stringent US financial regulations.

Fees and Availability

Coinbase has a fee structure that can be considered higher than average. It charges a spread of around 0.50% per transaction, along with a flat fee depending on the amount traded (up to 4.5%). Coinbase Advanced, the pro trading platform, uses a maker-taker model, with 0.4% maker and 0.6% taker. 

The platform is available in over 100 countries. Users in the US have access to more features compared to those in other countries, including ACH transfers and PayPal withdrawal options.

Minimum Deposit or Purchase: US$1 (default withdrawal limit of $100,000 per day)

Trade Limit: Yes (Varies with currency)

Staking or Rewards Program: Yes 

Trading Volume: Over $5.16B/day

Pros

  • Highly secure with advanced encryption and cold storage
  • Money transmitter license in the United States
  • Easy-to-use “Coinbase Basic” version, suitable for beginners
  • Insured custodial wallets for users
  • Up to 10x futures trading for selected crypto traders

Cons

  • Very high trading fees
  • Limited supported altcoins and new projects
  • Not available for the “Hawaii” customers
coinbase

User Score

9.8

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7. CEX.IO: Best for fiat-to-crypto swap

CEX.IO: Best for fiat-to-crypto swap

CEX.IO is a cryptocurrency exchange platform that started in 2013. It serves over 6 million users worldwide. The platform allows you to buy, sell, trade, and hold various cryptocurrencies. You can access CEX.IO through its mobile app, which is available for both iOS and Android devices. The platform offers different payment methods, such as credit and debit cards, bank transfers, and electronic wallets. 

For trading, CEX.IO provides a spot trading platform with deep liquidity. This means you can execute trades quickly, even for large amounts. The platform also offers margin trading and advanced trading tools, like various order types and detailed price charts.

CEX.IO also offers services like staking through its CEX.IO Earn program. By holding certain cryptocurrencies in your account, you can earn rewards over time. It also offers a crypto debit card, allowing you to spend your cryptocurrencies like cash. This card is accepted by over 30 million merchants in more than 150 countries. It enables instant conversion of crypto to fiat currency at the point of sale. For advanced users, CEX.IO provides API trading options. This feature allows you to automate your trading strategies using reliable and stable APIs.

Fees and Availability

CEX.IO applies trading fees based on a maker-taker model, determined by your 30-day trade volume. For volumes up to $10,000, taker fees are 0.25% and maker fees are 0.15%. As your trading volume increases, these fees decrease, reaching as low as 0.01% for takers and 0% for makers at volumes exceeding $5 billion.

CEX.IO offers its services in nearly 200 countries and territories. However, certain regions are not supported due to regulatory restrictions, like new UK users are prohibited. However, it is available in the United States and maintains money transmitter licenses in over 30 states.

Minimum Deposit or Purchase: 1 USDT for crypto ($20 for fiat)

Trade Limit: Yes (Varies with currency)

Staking or Rewards Program: Yes 

Trading Volume: Over $100M/day

Pros

  • Supports multiple cryptocurrencies and an easy-to-use interface
  • High-security measures and various payment options
  • API trading available
  • Staking and passive income options
  • Crypto debit card support

Cons

  • Trading fees are high compared to other exchanges like Binance and Bitget
  • Not available for the new U.K. users
CEX.IO

User Score

9

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8. Kraken: Safest crypto exchange

Kraken: Best for security

Established in 2011, Kraken is the most trusted cryptocurrency exchange by over 10 million users across more than 190 countries. It offers a diverse range of over 200 digital currencies for trading, from well-known options like Bitcoin and Ethereum to various lesser-known coins.

Kraken’s dedication to security is its standout feature. The platform keeps 95% of user funds in offline, cold storage systems, spread across various locations worldwide. A dedicated team of security experts regularly tests and enhances the platform’s defenses. Impressively, Kraken has maintained a clean slate, avoiding any significant security breaches throughout its long history in the crypto market.

To cater to different user needs, Kraken provides several account types. New traders can start with basic accounts, while experienced users can access advanced features like margin trading and futures through pro-level accounts. The platform’s design strikes a balance between user-friendliness and advanced functionality, complemented by mobile apps for both major smartphone platforms.

For big players in the market, Kraken offers an Over-The-Counter (OTC) trading desk, tailored for large volume transactions. Plus, you can earn passive income through Kraken’s staking service for certain cryptocurrencies.

Fees and Availability

Kraken employs a tiered fee system based on 30-day trading volumes. Fees start at 0.25% for makers and 0.4% for takers in the lowest tier, potentially dropping to 0% for makers and 0.10% for takers at higher volumes. Deposit costs vary by method, with some options incurring no fees. 

While Kraken serves over 190 countries, certain areas may have restricted services due to local laws. Most U.S. states can access Kraken, but there are some exceptions such as New York or Washington.

Minimum Deposit or Purchase: 1 EUR minimum for SEPA and PayPal, and 4 EUR minimum for SWIFT deposits

Trade Limit: Yes (Varies with currency)

Staking or Rewards Program: Yes 

Trading Volume: Over $970M/day

Pros

  • High level of security with 2FA and cold storage
  • Advanced trading options like margin trading and futures
  • Up to 10% APR as a crypto-staking reward
  • 24/7 customer support with educational resources available
  • Operates under regulations in multiple countries, boosting credibility
  • NFT marketplace for digital art collectibles

Cons

  • Higher trading fees than some other platforms
  • Does not list too many new crypto projects
  • No options trading or copy trading
Kraken

User Score

9.8

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9. Uniswap: Best decentralized crypto exchange

Uniswap: Best decentralized crypto exchange

Uniswap stands out as a leading decentralized cryptocurrency exchange (DEX) on the Ethereum network. Created in November 2018 by developer Hayden Adams, this platform enables direct trading of ERC-20 tokens from your personal crypto wallet, eliminating the need for centralized middlemen. By 2024, Uniswap had reached an impressive milestone, processing over $1 trillion in trades, cementing its position as one of the top DEX platforms worldwide.

The exchange operates using an Automated Market Maker (AMM) system, which does away with traditional order books. Instead, it uses liquidity pools where users like yourself can deposit token pairs, earning a share of trading fees as a reward. This approach ensures round-the-clock trading and maintains liquidity for even lesser-known tokens. At present, Uniswap supports trading for thousands of different tokens, and its latest version, Uniswap V3, introduces the concept of concentrated liquidity.

A key feature of Uniswap is its non-custodial nature, meaning you keep full ownership of your digital assets throughout the trading process. The platform’s smart contracts undergo regular audits to maintain high-security standards. Plus, Uniswap’s open-source design allows developers to build on its foundation or incorporate it into their own projects. In 2020, the platform introduced its governance token, UNI. This grants holders the ability to vote on future upgrades and how the platform’s funds are used.

Fees and Availability

Uniswap’s fee structure is straightforward but can vary depending on how busy the network is. For every trade, the platform takes a 0.3% cut, which goes to the people who provide liquidity. But there’s a catch – you also have to pay Ethereum network fees, known as gas fees. These can change a lot based on how congested the network is. When it’s really busy, these fees can skyrocket, making it pretty costly to make small trades.

Uniswap is available globally, as it’s a decentralized platform with no geographical restrictions. 

Minimum Deposit or Purchase: No Limit (Decentralized)

Trade Limit: No (Depends on liquidity)

Staking or Rewards Program: No 

Trading Volume: Over $3B/day

Pros

  • No account registration or KYC is required
  • Supports Ethereum and 11+ other blockchain networks
  • Open-source code, promoting transparency and community-driven development
  • Integration with various wallets and DeFi platforms
  • Liquidity provision opportunities for passive income

Cons

  • Limited to Ethereum-based (or L2 scaling) tokens
  • Gas fees can be high during network congestion
  • No advanced trading features like limit orders or margin trading

10. Bitget: Best copy trading platform

Bitget: Best for copy trading

Founded in 2018, Bitget is a popular crypto copy trading exchange. With more than 30 million users, it offers a well-rounded trading experience for both spot and derivatives markets. The platform supports over 800 trading pairs. Bitget’s interface is designed to be user-friendly. It also includes advanced charting tools and various order types to enhance the trading experience.

A key feature that sets Bitget apart is its copy trading system, known as “One-Click Copy Trade”. This allows you to replicate the strategies of successful traders automatically, which has attracted over 150,000 elite copy traders to the platform. 

Bitget places a strong emphasis on security, using multi-signature cold wallets and conducting regular security audits to ensure the safety of user funds. The exchange also offers a mobile app available for both iOS and Android devices, allowing traders to manage their portfolios on the go.

Bitget is committed to regulatory compliance and has obtained licenses in several regions, including VASP in Poland and Lithuania. Its 24/7 customer support, available in multiple languages, adds to its global reach.

Fees and Availability

Bitget uses a maker-taker fee model, with spot trading fees starting at 0.1% for both makers and takers. These fees can be lowered depending on your trading volume and the amount of BGB (Bitget’s native token) you hold. For futures trading, fees are even more competitive, starting at 0.02% for makers and 0.06% for takers.

Bitget is accessible in 100+ countries excluding the United States, Singapore, and Canada.

Minimum Deposit or Purchase: $1

Trade Limit: Yes (Varies with currency)

Staking or Rewards Program: Yes 

Trading Volume: Over $4.3B/day

Pros

  • Robust copy trading functionality
  • High liquidity and trading volume
  • A wide range of cryptocurrencies and trading pairs
  • 125x leverage trading for BTC and ETH
  • Trading bots for automated trades

Cons

  • Not available in the US and Canada
  • Limited fiat currency withdrawal methods
bitget-token-new-bgb-logo

User Score

9.4

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11. KuCoin: Best altcoin trading platform

KuCoin: Best for altcoin trading

Since its launch in 2017, KuCoin has become a favorite among crypto traders looking for a wide variety of altcoins with good liquidity and volume. The platform now serves more than 30 million customers. What sets KuCoin apart is its massive selection of over 700 cryptocurrencies and 1,200+ trading pairs, making it a dream come true for altcoin enthusiasts.

The platform boasts an easy-to-use design with advanced trading options, including spot and margin trading, futures contracts, and a P2P marketplace. KuCoin’s “Spotlight” program is a unique feature that introduces promising new blockchain projects, giving traders early access to potentially valuable tokens. The platform’s own cryptocurrency, KCS, offers perks like lower fees and daily bonuses through its Profit-Sharing scheme.

KuCoin takes security seriously, storing most assets in offline wallets and regularly checking for vulnerabilities. The exchange also provides extra services such as crypto loans, staking options, and a marketplace for NFTs.

Fees and Availability

KuCoin uses the same maker-taker pricing structure, with basic trading fees of 0.1% for both sides. These costs can be lowered by 20% by owning KCS tokens or trading in large volumes. The platform is accessible worldwide in 200+ jurisdictions, with a few exceptions like the USA, Canada, and China. 

Minimum Deposit or Purchase: $1

Trade Limit: Yes (Varies with currency)

Staking or Rewards Program: Yes 

Trading Volume: Over $1.22B/day

Pros

  • A huge range of altcoins available
  • Competitive trading fees (0.1% for regular trades)
  • Simple interface with sophisticated tools
  • Rewards for KCS token holders
  • Frequent contests and special offers

Cons

  • Lacks regulation in many countries
  • Limited options for fiat currency deposits and withdrawals
  • No copy trading for beginners
Kucoin logo

User Score

9.3

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12. Gemini: Best crypto exchange in the U.S.

Gemini: Best for all 50 U.S. states

Gemini is a New York-based cryptocurrency platform that aims to make crypto simple and secure. It officially launched on October 25, 2015, and is regulated by the New York State Department of Financial Services. It’s available in all 50 U.S. states and over 70 countries, so it has a pretty wide reach.

Gemini lets you buy, sell, and trade over 86 cryptocurrencies, including big names like Bitcoin, Ethereum, and Solana. It also offers its own stablecoin, the Gemini Dollar (GUSD), pegged 1:1 to the U.S. dollar. The platform caters to both beginners and pros with two main interfaces: a basic one for casual users and the ActiveTrader platform, which has advanced charting, multiple order types, and executes trades in microseconds.

Gemini was the first crypto exchange to snag SOC 1 Type 2 and SOC 2 Type 2 certifications from Deloitte, and it offers insurance against certain losses from its hot wallet and custody services. Deposits are free via ACH or wire transfers, but debit card purchases come with a 3.49% fee.

Fees and Availability

Gemini Exchange is available in all 50 U.S. states and over 70 countries, making it widely accessible for crypto traders globally. Its fee structure depends on the platform: the basic interface charges a 1% convenience fee plus transaction fees (e.g., 1.49% for orders over $200), while the ActiveTrader platform offers lower fees, ranging from 0.03% to 0.40%, based on your 30-day trading volume. Deposits via ACH or wire transfers are free, but debit card purchases carry a 3.49% fee.

Minimum Deposit or Purchase: $5

Trade Limit: Yes (Varies with currency)

Staking or Rewards Program: Yes 

Trading Volume: Over $300M/day

Pros

  • Supports Bitcoin, Ethereum, GUSD, and over 86 other cryptocurrencies for trading
  • The minimum trade is $5, with no strict maximum per transaction
  • Instant deposits via ACH and fast withdrawals, typically within 24 hours
  • Available in all 50 U.S. states and 70+ countries for broad access
  • Licensed by NYDFS with SOC 2 Type 2 security certification

Cons

  • Debit card deposits carry a 3.49% fee per transaction.
  • ActiveTrader fees are high compared to Binance or MEXC

Comparison of Best Cryptocurrency Exchanges 

Exchange Supported Coins Trading Fees Minimum Deposit or Purchase Trade Limits U.S. Availability
Binance 350+ 0.1% $1 Yes Only via Binance.US
MEXC 2,500+ 0% 1 USDT Yes No
Bybit 100+ 0.1% $1 (or 0.0001 BTC) Yes No
BingX 800+ 0.1% $1 (or 0.001 BTC) Yes No
Crypto.com 350+ 0.3% (Taker), 0.15% (Maker) US$1 Yes Yes (Except NY)
Coinbase 240+ 0.4% Maker/0.6% Taker US$1 Yes Yes
CEX.io 200+ 0.15% maker/0.25% taker 1 USDT for crypto ($20 for fiat) Yes Yes
Kraken 200+ 0.25% Maker/0.4% Taker 1 EUR minimum for SEPA & PayPal

4 EUR minimum for SWIFT deposits

Yes Yes (Except NY, WA)
Uniswap Thousands of ERC-20 tokens 0.3% (plus gas fees) No Limit No Yes
Bitget 800+ 0.1% $1 Yes No
KuCoin 700+ 0.1% $1 Yes No
Gemini 86+ 0.2% maker and 0.4% taker $5 Yes Yes (all 50 States)

How to Choose Best Crypto Exchanges: Key Factors to Consider

You need to consider these key factors when selecting the best crypto exchanges for your needs.

Security

The most critical aspect to prioritize is crypto exchange security. Given that cryptocurrencies are digital assets, they are vulnerable to cyber-attacks. A secure exchange will safeguard your funds and personal data. It is advisable to look for exchanges that offer two-factor authentication (2FA) as this provides an added layer of security. 

Plus, reputable cryptocurrency exchanges often store most of their assets in offline wallets, known as cold storage, which are less susceptible to hacking. Some exchanges also offer insurance to cover potential losses from security breaches, providing an extra level of protection.

Trading Fees

Another important factor is the crypto exchange fees. It can have a significant impact on your profits, especially if you are an active trader. Different exchanges charge varying fees for transactions, deposits, and withdrawals, so it’s essential to compare these costs. 

Trading fees can either be a percentage of your transaction or a fixed amount, so it’s crucial to choose an exchange that aligns with your trading habits. Plus, be aware of any hidden fees, such as those for inactivity, spreads, or using specific features, as these can accumulate over time. MEXC is best for zero-fee crypto and Bitcoin trading.

User Interface and Trading Experience

User experience may be more fun and less stressful with an intuitive interface, especially for newcomers. A difficult-to-navigate exchange might result in errors and frustration. As a result, it makes sense to select an exchange with an easy-to-use interface and straightforward navigation. 

Also, see if the exchange has a mobile app with the same functionality as the desktop version. If you have certain personal requirements, many exchanges also let you personalize the trading interface.

Liquidity and Trading Volume

Liquidity refers to the ease with which you can buy or sell assets without causing significant price changes in the market. High liquidity is particularly important for large transactions, as it ensures that you can execute trades quickly and at your desired price. 

You can also gauge liquidity by looking at the number of trading pairs available; a wide variety indicates active trading and better liquidity. 

Binance is the #1 global crypto exchange based on trading volume (source: CoinMarketCap).

Supported Cryptocurrencies

Not all exchanges offer every cryptocurrency, so if you are interested in trading specific coins, ensure that the exchange supports them. Some crypto exchanges have a broad selection of cryptocurrencies for investors building diverse crypto portfolio, while others focus on a smaller number. 

If you are interested in trading new or lesser-known coins, choose a crypto exchange that frequently adds new cryptocurrencies to its platform. MEXC, Bybit, and Bitget are leading crypto exchanges known for listing new altcoins for trading.

Regulations

Regulation and compliance should also be on your radar. Using a regulated exchange can reduce the risk of fraud and increase the likelihood that your assets will be secure. 

A licensed exchange that adheres to local laws provides greater peace of mind. Transparency is another positive sign, as regulated exchanges are usually more open about their operations, which can boost your confidence in their services. Coinbase, Binance, Kraken, and Crypto.com are the most regulated cryptocurrency exchanges.

Customer Support

Excellent customer service is needed for a satisfying trading experience. If you experience issues with your account or transactions, prompt and friendly customer service can really assist. 

Verify whether the exchange provides round-the-clock assistance, particularly if you are dealing between various time zones. The support team’s quickness of reaction is crucial because it might be annoying to wait days for an issue to be fixed. It’s also beneficial if the cryptocurrency exchange offers multiple support channels, such as live chat, email, and phone support.

Reputation

An exchange’s reputation can offer insights into its reliability and trustworthiness. Reading reviews from other users can provide valuable information about their experiences. If an exchange has received recognition or awards within the industry, it is usually a good sign of its credibility. 

Additionally, exchanges that have been operating for a longer time tend to be more reliable, as they have established themselves in the market.

Payment Methods

Finally, consider the deposit and withdrawal methods available on the exchange. These methods determine how quickly you can start trading and how easily you can access your funds. Ensure that the exchange supports your preferred payment method, whether it’s bank transfer, credit card, or another option. 

Also, take note of the processing times for deposits and withdrawals, as faster times can be crucial when you need quick access to your money. Some exchanges only support certain fiat currencies, so make sure your local currency is included.

What is a Crypto Exchange?

A platform that makes it easier to buy and sell digital currencies is known as a cryptocurrency exchange. It functions as an online trading platform for traders to swap different cryptocurrencies, including Ethereum, Bitcoin, and a host of others. 

Users of these exchanges can swap one cryptocurrency for another or for fiat currencies like USD or EUR. They function similarly to conventional stock markets.

Types of Cryptocurrency Exchanges

1. Centralized exchanges (CEXs) 

These are the most widely used platforms in the cryptocurrency market. These exchanges are operated by a central authority that facilitates transactions between buyers and sellers. Users establish accounts, deposit funds, and execute trades through the exchange’s interface. 

Known for their user-friendly design, CEXs are accessible to beginners. Their high liquidity, resulting from substantial trading volumes, enables efficient trade execution. 

However, as CEXs hold user funds, they are potential targets for hackers, requiring users to trust the platform to safeguard their assets. You must check for exchanges “PoR data” on platforms like Defillama.

Binance, Bybit, MEXC, and Coinbase are some of the best centralized cryptocurrency exchange platforms.

2. Decentralized exchanges (DEXs)

Because they don’t have a central middleman, decentralized exchanges, or DEXs, operate differently from centralized exchanges. DEXs enable user-to-user direct exchanges by utilizing smart contracts and blockchain technology. 

Traders don’t have to deposit assets into the exchange because they have complete control over their money at all times, in contrast to centralized exchanges. This removes the possibility of asset loss as a result of platform malfunctions or hacking. Furthermore, because users trade directly with one another, less personal information is disclosed, and DEXes provide enhanced privacy.

But compared to centralized exchanges, DEXs often have less liquidity, which makes it harder to complete big deals. Additionally, especially for novices, their user interfaces may be less intuitive.

Uniswap, PancakeSwap, Sushiswap, and Raydium are some of the best decentralized cryptocurrency exchanges.

3. Brokerage Platforms

Brokerage platforms function differently from traditional exchanges by acting as intermediaries. Instead of facilitating trades between users, these platforms sell cryptocurrencies directly to customers at set prices. This means users buy crypto directly from the platform rather than through market orders. 

eToro is one of the top crypto brokers. For more information, check out our detailed eToro review.

4. Peer-to-peer (P2P) exchanges

Peer-to-peer (P2P) exchanges let users trade cryptocurrencies with each other directly, bypassing middlemen. These marketplaces link buyers and sellers, who then independently settle on terms and finish transactions. 

P2P exchanges typically include an escrow service to guarantee that each party carries out their end of the bargain. Plus, customers may decide on several payment ways, including cash or bank transfers. 

On the downside, because users must manually negotiate and agree with conditions, trading on P2P exchanges may be sluggish. Moreover, even though escrow services lessen the chance of fraud, it is still a factor to take into account.

Paxful is our recommended P2P crypto exchange for beginners due to its large pool of traders.

How to Stay Safe While Trading Crypto?

To ensure your safety when trading cryptocurrencies, take into account these crucial pointers:

  • Select Reliable Exchanges: Go with reputable, long-standing Bitcoin exchanges. Verify their credibility by looking at their security procedures and reading customer reviews.
  • Turn on Two-Factor Authentication (2FA): Make sure that your exchange accounts and wallets are always set up with two-factor authentication. This goes above and beyond just using a password for security.
  • Make Robust, Distinctive Passwords: Make sure that each of your accounts has a complicated, one-of-a-kind password. Avoid using information that is simple to figure out or using the same password for many websites.
  • Beware of Phishing Schemes: Any emails or texts requesting your private keys or account information should be regarded with caution. Check the sender’s identity and stay away from dubious connections.
  • Maintain Updating Your Software: Update your trading applications, antivirus software, and operating system regularly. This aids in defending you from viruses and vulnerabilities.
  • Use Hardware Wallets: Hardware wallets are the best option for long-term Bitcoin storage of substantial sums. Compared to storing money on exchanges or online wallets, they provide more security.
  • Check Your Accounts Frequently: Keep an eye out for any strange behavior on your accounts. Report any shady activity as soon as possible.
  • Steer clear of large-risk Investments: Steer clear of investments that promise minimum risk and large returns that are guaranteed. These frequently point to fraud or risky business endeavors.
  • Backup Your Wallet: Make frequent backups of your cryptocurrency wallet and keep the copies apart from your primary physical wallet in a safe location.

How to buy Bitcoin on Crypto Exchanges?

Buying Bitcoin on a cryptocurrency exchange is a relatively simple process, but it is essential to understand the steps involved and take necessary precautions to safeguard your investment. 

Here is a basic guide to get you started:

  1. Create an Account: To start, pick a trusted cryptocurrency exchange like Coinbase, Binance, or Kraken. Go to their website and sign up. You’ll need to enter your email, create a strong password, and agree to their terms.
  2. Complete KYC Verification: Most exchanges need you to complete KYC verification to follow anti-money laundering rules. This usually means sending in ID documents such as a driver’s license or passport. The time it takes to verify your account can vary based on the exchange and how many applications they have.
  3. Deposit Funds: After your account is verified, you can add funds to buy digital assets. Exchanges offer different ways to deposit fiat currency, like bank transfers, bank cards, or Google Pay. Choose the option that works best for you and be sure to check for any fees.
  4. Trade Bitcoin: Once your funds are in, go to the trading section. Find the Bitcoin trading pair (e.g., BTC/USD) and make your purchase. You can buy Bitcoin at the current market price or set a price you want to pay. Be aware of any trading fees and potential price changes that might affect your purchase.
  5. Withdraw Bitcoin: After buying Bitcoin, you can transfer it to a personal wallet. To withdraw, enter your wallet address and confirm the transfer. Make sure you enter the wallet address correctly to avoid mistakes. Also, check for any fees associated with withdrawing Bitcoin.

Conclusion

In a nutshell, choosing the best crypto exchanges depends on your trading needs and experience level. For beginners, Binance offers a user-friendly interface and extensive educational resources. MEXC is ideal for those seeking zero-fee trading, while Bybit caters to advanced derivatives traders. Security-conscious traders might prefer Kraken, known for its strong security measures. 

Additionally, Crypto.com is a top pick for mobile users, and Uniswap remains a leader in decentralized trading. Each platform has unique strengths, so it’s essential to consider factors like fees, features, and security when selecting the best crypto exchanges.

FAQs

What is the best crypto exchange for beginners?

For beginners, Binance is widely considered the best crypto exchange. It offers an intuitive interface and extensive educational resources through Binance Academy, making it easier for newcomers to understand the complex world of cryptocurrencies. 

Plus, Binance supports over 350 cryptocurrencies and provides a variety of trading options, including spot trading, futures, and staking. The platform also has a robust security system, including a Secure Asset Fund for Users (SAFU) to protect funds in emergencies

Which crypto exchange has the lowest fees?

MEXC is one of the crypto exchanges with lowest fees in the market. It offers zero-fee trading for spot transactions, making it highly attractive to traders who want to minimize costs. For futures trading, MEXC charges as low as 0% for makers and 0.01% for takers, with the option to reduce these fees further by using the platform’s MX tokens.

How can I avoid scams related to crypto exchanges?

To avoid scams, it is crucial to choose well-established and regulated crypto exchanges with a solid reputation. Always verify the legitimacy of an exchange by checking reviews, regulatory status, and security measures. 

Avoid platforms that promise unrealistic returns or lack transparency about fees and operations. Ensure that the crypto exchange security is high, such as implementing two-factor authentication and cold storage for assets.

How do I know if a crypto exchange is legitimate?

Legitimate exchanges often undergo regular audits and provide transparency regarding their security measures, such as cold storage for funds, PoR data, and two-factor authentication. Check if the exchange has been in operation for several years and has a large user base. Reading user reviews and news about the exchange can also provide insights into its credibility and track record.

Can I buy and sell NFTs on crypto exchanges?

Yes, some crypto exchanges allow you to buy and sell NFTs (Non-Fungible Tokens). Platforms like Binance, Kraken, and Crypto.com have integrated NFT marketplaces where you can trade digital art, collectibles, and other unique assets.

What is the safest crypto trading platform?

Kraken is one of the most secure and trustworthy cryptocurrency exchanges. It has a strong focus on security, keeping 95% of user funds in cold storage and employing advanced encryption techniques. Kraken also conducts regular security audits and offers features like 2FA to enhance account security. 

Plus, the platform operates under regulatory compliance in multiple countries, which adds an extra layer of trustworthiness for users concerned about the safety of their assets.

Are crypto exchanges safe?

Crypto exchanges offer platforms for trading digital assets but come with security risks. Notably, Bybit experienced a $1.5 billion hack in February 2025, where attackers accessed its Ethereum cold wallet. Similarly, in 2014, Mt. Gox declared bankruptcy after losing approximately 750,000 bitcoins to theft. 

These incidents highlight vulnerabilities in centralized exchanges. While many exchanges implement security measures, users should exercise caution, enable two-factor authentication, and consider storing assets in personal wallets to mitigate potential risks.

Is Robinhood better than Coinbase?

Robinhood and Coinbase serve different needs. Robinhood offers commission-free crypto trading (15+ coins) plus stocks and ETFs, ideal for beginners or multi-asset traders. Its spreads (0.1% markup) can offset savings. 

Coinbase supports 240+ cryptocurrencies, staking, and a non-custodial wallet, charging 0.4%-4.5% fees. Security-wise, both use 2FA and cold storage; Coinbase insures hot wallets and Robinhood has SIPC for non-crypto. Robinhood is simpler and cheaper for casual traders; Coinbase excels for crypto enthusiasts.

Which exchange is better, Coinbase vs. Crypto.com?

Coinbase and Crypto.com cater to distinct users. Coinbase, with 240+ coins, charges 0.4%-4.5% fees, offers staking, and stores 98% of assets in cold storage – great for beginners. 

Crypto.com supports 350+ cryptocurrencies, has lower fees (0.00%-0.15% maker, 0.05%-0.3% taker), and includes a crypto debit card with rewards. Both use 2FA and insurance; Crypto.com’s wider coin range and cost edge appeal to active traders. Coinbase’s ease of use suits newbies. For detailed comparison between these two exchanges, check out our review on Crypto.com vs Coinbase.

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7 Best NFTs to Buy in 2025 (Popularity and Sales Volume) https://nftevening.com/best-nfts-to-buy/?utm_source=rss&utm_medium=rss&utm_campaign=best-nfts-to-buy Tue, 20 Aug 2024 05:27:50 +0000 https://nftevening.com/?p=139755 The NFT industry is growing quickly, offering profitable opportunities for investors and traders. But with countless digital art collections available, determining the best NFTs to buy can be overwhelming. In

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The NFT industry is growing quickly, offering profitable opportunities for investors and traders. But with countless digital art collections available, determining the best NFTs to buy can be overwhelming.

In this guide, we’ll dive into some of the most popular NFTs to invest in right now. We’ll look at factors like artist reputation, market trends, and community engagement to help you make better decisions.

Best NFTs to Buy in 2025: Our Top Picks

Here is our list of the top 7 best NFTs to buy now based on their recent sales volume and popularity:

  1. Bored Ape Yacht Club – Best NFT to invest in, offering exclusive perks and high-value
  2. Pudgy Penguins – Popular NFTs with charming designs, ideal for beginners seeking engaging digital art
  3. Sorare – Coolest NFT project combining fantasy sports with valuable football player cards
  4. Solana Monkey Business – Best Solana NFTs to buy right now for high profitability
  5. NodeMonkes – High-trading Bitcoin Ordinals NFTs with historic significance, appealing to rare asset collectors
  6. Crypto Punks – Iconic NFT collection with a rich history and a top choice for experienced NFT traders
  7. Azuki – Trending anime-style NFTs to buy with a vibrant community

7 Top NFT Collections to Buy Now (Reviewed)

Let’s take a detailed look at the best NFTs to buy and invest in right now to make profits. The list includes some popular NFTs to invest in different blockchains including Ethereum, Solana, and Bitcoin.

1. Bored Ape Yacht Club

Bored Ape Yacht Club

Bored Ape Yacht Club (BAYC) is the #1 NFT to buy right now. Introduced in April 2021 by Yuga Labs, the collection has 10,000 unique cartoon apes, each distinguished by different traits such as fur, clothing, and expressions.

BAYC’s success is largely due to its strong community and expanding ecosystem. The owners, often referred to as “Ape Nation”, have fostered a vibrant culture surrounding the project. BAYC has also inspired several spin-off best NFT collections, including the Mutant Ape Yacht Club (MAYC) and Bored Ape Kennel Club.

Beyond being mere digital art, BAYC offers tangible benefits to its holders. These include exclusive access to events, merchandise, and future developments. The collection has attracted several high-profile followers, including celebrities like Justin Bieber, Eminem, and Jimmy Fallon, who have become part of Ape Nation. Plus, companies like Adidas have also invested in these NFTs.

As of 2024, the BAYC collection has achieved total sales exceeding $4 billion and is currently held by 5,469 unique addresses. The floor price for a $BAYC stands at approximately 12.29 ETH (Source: Coingecko).

2. Pudgy Penguins

Pudgy Penguins

Pudgy Penguins are another best NFTs to buy currently featuring 8,888 unique, adorable penguin characters. These digital collectibles are minted on the Ethereum blockchain. Launched in July 2021, the entire collection sold out within a mere 19 minutes, showcasing the incredible demand and excitement surrounding these charming penguins.

Beyond their cute appearance, Pudgy Penguins offer exclusive benefits to their holders. These perks include access to private events, merchandise, and even intellectual property licensing opportunities. The project’s popularity is evident in its impressive sales figures. To date, Pudgy Penguins NFTs have generated over $1.1 billion in sales (Source: DappRadar).

In addition to the original Pudgy Penguins, the project has expanded to include other collections like Lil Pudgys and Pudgy Rods. Lil Pudgys also integrated with the LayerZero network. This allows these NFTs to bridge through multiple blockchains such as Polygon, BNB Smart Chain, and Arbitrum.

3. Sorare

Sorare

Sorare is a popular NFT-based fantasy football platform. Now, it also supports NBA and MLB players. It’s more than just a game. It’s a digital marketplace where you can buy, sell, and trade officially licensed digital player cards. These cards represent real-world football players from top leagues around the globe.

The magic happens when you create your fantasy team using these cards. Your team’s performance is directly linked to the real-life performance of the players on your roster. This means your strategic choices and a bit of luck can earn you significant rewards, including cash prizes, more player cards, and exclusive experiences.

But Sorare isn’t just about gameplay. The digital player cards are NFTs, which means they are scarce and have real-world value. As player performance fluctuates and demand changes, so too does the price of their digital NFT cards

Sorare has attracted over 4.3 million users and formed partnerships with more than 300 football clubs and leagues globally, including major leagues like La Liga, Serie A, and the Bundesliga. Some high-profile cards, such as those of Lionel Messi and Cristiano Ronaldo, have sold for over $100,000. 

4. Solana Monkey Business

Solana Monkey Business

Solana Monkey Business (SMB) is one of the best NFTs to buy on Solana. The collection comprises 5,000 unique, pixelated monkey avatars. SMB gained attention early on due to its status as one of Solana’s pioneering NFT projects.

What sets SMB apart is its community-driven approach. Holders aren’t just owners; they’re members of the MonkeDAO, a decentralized autonomous organization that gives them a say in the project’s direction. Also, SMB NFT holders enjoy exclusive membership perks, including access to special community events, limited-edition merchandise, and the possibility of future airdrops.

The collection’s success is evident in its trading volume on platforms like Magic Eden, where SMB NFTs have been sold for substantial amounts. This strong demand has positioned SMB as one of the best NFTs to buy on the Solana network. The current floor price of SMB NFT is 21 SOL tokens.

5. NodeMonkes

NodeMonkes

NodeMonkes collection is a unique and popular series of Bitcoin Ordinals. This collection consists of 10,000 pixelated characters, marking itself as one of the first large-scale profile picture collections on the Ordinals platform. 

The collection has gained significant attention in the Web3 community, especially after Bored Ape Yacht Club co-founder, Wylie Aronow (aka Gordon Goner), purchased a rare NodeMonke, sparking a surge in demand.

It also includes a set of 400 honorary NodeMonkes created to celebrate Web3 luminaries. As of mid-2024, the collection has seen significant sales, including a record-breaking sale of one NodeMonke for 17 BTC, equivalent to over $1 million.

6. Crypto Punks

Crypto Punks

CryptoPunks, one of the first and most well-known NFTs to buy right now, debuted in 2017. Created by Larva Labs, the collection includes 10,000 unique 24×24 pixel art characters, each with its own combination of features. 

The characters are divided into several categories, including 6,039 male Punks and 3,840 female Punks, with some rarer types like zombies, apes, and aliens. Each character has distinct attributes such as accessories, hairstyles, and facial expressions, which contribute to their uniqueness.

Crypto Punks started as a free mint and quickly transformed into a multi-million dollar phenomenon. The scarcity of these pixelated NFT arts, combined with their early mover advantage, has driven their value through the roof. Some CryptoPunks have sold for millions of dollars.

In the early days, Crypto Punks inspired the ERC-721 token standard, which is the foundation for most NFT projects today. The collection has seen a total trading volume exceeding $3.89 billion with a current average floor price of 22 ETH each.

7. Azuki

Azuki

Azuki is a digital NFT collection featuring 10,000 distinct, hand-drawn anime-style characters. Introduced in January 2022 by Chiru Labs, Azuki swiftly gained immense popularity, becoming a highly sought-after NFT alongside renowned collections like Bored Ape Yacht Club and CryptoPunks.

The project has a fictional metaverse city called Hilumia, where its characters and stories come to life. To broaden its community, Azuki introduced a companion NFT collection called BEANZ, which includes nearly 20,000 NFTs.

While Azuki’s initial mint price was 1 ETH, its floor price has skyrocketed, currently standing at a whopping 4.2 ETH. This surge in value, coupled with its active community and ambitious roadmap, makes Azuki a compelling contender for your portfolio of best NFTs to buy.

How to Choose the Best NFTs to Invest In?

NFT Trends

To choose the best NFTs to buy, it’s crucial to understand the NFT market trends. Follow platforms like OpenSea or Blur to observe trends. For instance, in 2021, the Bored Ape Yacht Club collection gained massive popularity, demonstrating how quickly trends can become profitable investments.

Artistic and Cultural Value

Consider NFTs from artists with established reputations or rising stars. Consider the artist’s reputation, previous work, and potential for future growth. For example, digital artist Beeple’s “Everydays: The First 5000 Days” sold for $69 million, showcasing the potential value of work from renowned digital artists.

Rarity and Scarcity

Like traditional collectibles, rarity and scarcity significantly influence an NFT’s value. Limited edition NFTs with unique attributes tend to be more desirable and potentially more valuable. Also, you can look for NFTs offering additional benefits. The Decentraland virtual real estate NFTs, for instance, allow owners to build and monetize content within the platform, providing utility beyond mere ownership.

Active Community and Support

A thriving, engaged community is a cornerstone of a successful NFT project to buy. Strong community involvement fosters growth, creates demand, and supports the asset’s value. Active participation on social media platforms, Discord channels, and other community forums can provide valuable insights into the project’s momentum.

Trading Volume and Liquidity

Examine trading volumes on marketplaces. For example, if you’re considering a sports-related NFT, you might look at the consistently high trading volumes of NBA Top Shot or Sorare as an indicator of sustained interest in sports NFTs.

Trending Blockchains

While Ethereum hosts many popular NFTs, alternatives like Flow (used for NBA Top Shot) or Solana offer different features. Understanding these can help you make informed decisions about which NFT ecosystem to invest in.

Where to Buy NFTs: Top NFT Marketplaces

NFTs can be bought on various online NFT marketplaces that specialize in digital collectibles. The top NFT platforms for purchasing digital art include OpenSea, Magic Eden, and LooksRare.

  • OpenSea: It is the leading NFT marketplace, known for its vast collection of digital assets. It supports multiple blockchains such as Ethereum, Polygon, and Base, making it versatile for traders. From art and collectibles to virtual properties and domain names, OpenSea offers a diverse range of NFTs.
  • Magic Eden: Another NFT marketplace popular for buying Solana NFTs. It is best due to Solana’s quick transactions and low fees. The platform focuses on gaming NFTs and digital collectibles, offering a carefully selected array of projects. Magic Eden also provides tools for NFT creators, allowing them to launch and mint their own collections on the platform.
  • LooksRare: This is best for buying NFTs on the Ethereum blockchain, aiming to create a more community-focused marketplace. It features a unique system where you can earn LOOKS tokens for your activity on the platform. It distinguishes itself by offering lower fees than some competitors and by redistributing platform revenue to token holders.

How to Buy NFTs?

  1. Set up an NFT wallet: First, create a digital wallet that supports NFTs, like MetaMask or Trust Wallet. This wallet will store your cryptocurrencies and NFTs securely. You can also use hardware wallets like Ledger and Trezor for NFT cold storage.
  2. Get some cryptocurrency: Most NFTs are bought using Ethereum (ETH) or Solana (SOL). Buy ETH from a cryptocurrency exchange like MEXC or Binance, then transfer it to your crypto wallet.
  3. Choose an NFT marketplace: Popular NFT marketplaces include OpenSea, Magic Eden, and Looksrare. Browse these sites to find NFTs you want to buy.
  4. Connect your wallet and bid: On the marketplace, connect your digital wallet. When you find an NFT you want, you can either buy it outright (if available) or place a bid in an auction.
  5. Complete the purchase: If you win an auction or choose to buy an NFT, confirm the transaction in your wallet. The NFT will then be transferred to your wallet, and the cryptocurrency will be sent to the seller.

For more information, read our detailed guide on how to buy NFTs.

Conclusion

In conclusion, among the top NFT collections are Bored Ape Yacht Club, Pudgy Penguins, and Sorare, known for their strong communities and impressive trading volumes. Other NFT projects to buy now are SMB, Node Monkes on Bitcoin blockchain, and Crypto Punks. These collections not only showcase unique digital art but also provide tangible benefits and exclusives for their holders. 

When selecting the best NFTs to buy, consider their market value, team, community engagement, and additional perks. By focusing on these factors, you can make profitable decisions and potentially benefit from the growing NFT space.

FAQs 

How can beginners invest in NFTs?

Beginners can invest in NFTs by setting up a cryptocurrency wallet like MetaMask or Phantom. Once funded with ETH or other supported cryptocurrencies, explore popular NFT marketplaces like OpenSea. The best NFT to buy for beginners is BAYC on the Ethereum blockchain and SMB on the Solana blockchain.

Why you should Invest in NFTs?

Investing in NFTs offers several advantages. First, NFTs provide access to unique digital assets with verifiable ownership on the blockchain. Second, they often represent innovative projects with strong community engagement, which can drive up their value. 

Third, NFTs can serve as digital collectibles with the potential for significant appreciation, similar to traditional art investments. Fourth, they provide diversification opportunities beyond traditional assets, including access to new markets and trends. Finally, investing in NFTs allows you to participate in the growth of emerging technologies and creative sectors. Read our overview of why buy NFTs for more information.

What are the best NFT projects to invest in?

Bored Ape Yacht Club (BAYC), CryptoPunks, and Sorare are some of the best NFT projects to buy due to recent increases in their sales volume and popularity. BAYC and CryptoPunks are renowned for their artistic value and strong communities, while Sorare offers a unique blend of NFTs and fantasy sports. 

What is the most popular NFT art to invest in right now?

Bored Ape Yacht Club (BAYC) currently stands out as one of the most popular NFT art collections. Its distinctive style, celebrity endorsements, and strong community have driven substantial price appreciation.

What NFT you should buy now?

BAYC and CryptoPunks are popular choices due to their established track record. For those interested in the Solana blockchain, “SMB” could be an option. Sports NFT enthusiasts might consider “Sorare” for its unique gameplay and potential rewards.

When to buy NFTs?

The optimal time to purchase NFTs is challenging due to the market’s inherent volatility. Periods of increased interest and media coverage often lead to price surges. However, buying at peak hype can also result in rapid value declines.

Also, NFTs backed by strong communities, utilities, or partnerships tend to hold value better during market downturns. NFT investors with a higher risk tolerance may prefer buying during initial offerings (IOs) for potential early gains. Those seeking stability might opt for established projects with a proven track record.

Are NFTs safe?

Yes, NFT safety is relative. While blockchain technology, the foundation of NFTs, offers robust security for ownership verification, the underlying asset itself can be vulnerable. Factors like project, team, personal security practices, and the potential volatility of NFT markets significantly impact the overall safety of your investment.

What are the cheapest NFTs to buy now?

The gaming NFT collections are generally cheap NFTs due to their in-game use-case and to attract more new users. Sorare is one of the cheapest NFTs to invest with a floor price of 0.003 ETH only.

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Best Play-to-Earn Games for Crypto & NFT Rewards in 2025 https://nftevening.com/best-play-to-earn-games/?utm_source=rss&utm_medium=rss&utm_campaign=best-play-to-earn-games Sat, 17 Aug 2024 06:42:51 +0000 https://nftevening.com/?p=139724 Gamers now seek the best play-to-earn games in crypto, combining entertainment with the potential for financial rewards. These blockchain-based games offer players the chance to earn digital assets and tokens

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Gamers now seek the best play-to-earn games in crypto, combining entertainment with the potential for financial rewards. These blockchain-based games offer players the chance to earn digital assets and tokens while enjoying immersive gameplay. As the crypto gaming industry grows, enthusiasts explore various platforms, from NFT-powered collectible games to decentralized virtual worlds.

This guide will examine some of the top play-to-earn crypto games, considering factors such as gameplay mechanics, earning potential, and overall user experience.

Play-to-Earn Games for Crypto Rewards: Our 7 Top Picks

After reviewing more than 20 P2E crypto platforms, we have listed the 7 best play-to-earn games that you can play while earning crypto and NFT rewards.

  1. Axie Infinity – Best P2E game where you collect, breed, and battle unique digital pets for rewards
  2. The Sandbox – Creative P2E platform allowing you to build and monetize your virtual world with NFTs
  3. Illuvium – Open-world RPG with strategic battling and NFT creature collection
  4. Decentraland – Decentralized virtual world where you can trade virtual land and items
  5. Splinterlands – Popular blockchain card game offering strategic battles and NFT trading
  6. Big Time – Multiplayer action RPG integrating blockchain to offer valuable in-game loot and NFTs
  7. Alien Worlds – Space exploration-themed P2E game where you mine, stake, and trade NFTs for rewards

Best Play-to-Earn Crypto Games Reviewed

1. Axie Infinity

Axie Infinity

Token

Blockchain

Game Genre

Supported Platform

AXS and SLP

Ethereum and Ronin

Breeding Card Game Metaverse

Android, iOS, and Windows

Axie Infinity is a leading play-to-earn game in the gaming industry with a blockchain-based model. Developed by Sky Mavis, the game allows players to collect, breed, and battle digital pets called Axies. These Axies are non-fungible tokens (NFTs), meaning each one is unique and owned by the player, providing full ownership rights.

Launched in 2018, Axie Infinity runs on the Ethereum blockchain, and it utilizes its sidechain called Ronin to minimize transaction costs and delays. Players earn in-game rewards, primarily through Smooth Love Potion (SLP) and Axie Infinity Shards (AXS). SLP is used for breeding Axies, while AXS is a governance token that also plays a role in earning rewards and staking.

As of 2024, Axie Infinity has over 2.8 million daily active users and has generated over $4.27 billion in total sales (source: CryptoSlam). The game’s ecosystem is continuously expanding, with features like Land gameplay and additional battle modes on the horizon. Read our complete Axie Infinity game overview.

To start playing, you need to purchase at least three Axies from the marketplace. The initial investment can vary significantly based on the rarity and traits of the Axies.

2. The Sandbox

The Sandbox

Token

Blockchain

Game Genre

Supported Platform

SAND

Ethereum

Metaverse

Windows

The Sandbox is another best play-to-earn (P2E) game in the decentralized metaverse, blending gaming with user-generated content (UGC). Launched as part of Animoca Brands, The Sandbox empowers players to create, own, and monetize their gaming experiences on the Ethereum blockchain.

In The Sandbox, players use a variety of tools like VoxEdit and Game Maker to craft 3D assets and games without requiring coding skills. These assets can be sold as NFTs in the platform’s marketplace, where the in-game currency, SAND, plays a pivotal role. SAND is used for purchasing ASSETS and LANDS, staking, and governance within the ecosystem.

As of 2024, the platform boasts over 24,000 LAND owners and more than 130,000 creators. The Sandbox has partnered with big names like Warner Music Group, Gucci Vault, and Ubisoft, creating themed experiences and events that draw millions of users. Check our detailed Sandbox metaverse overview for more information.

3. Illuvium

Illuvium

Token

Blockchain

Game Genre

Supported Platform

ILV

Ethereum and Immutable-X

RPG Auto Battler

MacOS and Windows

Illuvium is one of the best free play-to-earn games that combines elements of open-world exploration, NFT collection, and strategic auto-battling. Set on a mysterious planet called Illuvium, players can explore different regions, capturing creatures known as Illuvials. These creatures each have unique stats, classes, and affinities, making strategic team-building essential for success in battles.

The game features multiple modes, including PvE quests and competitive PvP battles, where you can earn rewards in the form of the ILV token. ILV is an ERC-20 token on the Ethereum blockchain. Notably, Illuvium has allocated over 200,000 ILV in rewards for active players, making it highly attractive for those looking to earn while playing.

In addition to its gameplay, Illuvium offers a free-to-play option, providing an immersive experience without initial investment. You can gradually delve deeper into the game, eventually opting for paid features that unlock higher-tiered content and valuable NFTs.

Illuvium is currently in open beta, accessible on PC and Mac, with plans for future expansions, including mobile and console versions.

4. Decentraland

Decentraland

Token

Blockchain

Game Genre

Supported Platform

MANA

Ethereum

Metaverse

Windows

Decentraland is another blockchain-based play-to-earn game and virtual world built on the Ethereum blockchain. It offers a decentralized platform where you can create, explore, and trade in a vast metaverse owned and governed by its community. Launched in 2017, Decentraland operates with no central authority, giving players full control over their digital assets and experiences.

In Decentraland, you can purchase virtual land known as LAND, which is a non-fungible token (NFT). Each LAND parcel measures 16×16 meters, and there are a total of 90,601 parcels available in the game. Players can develop these parcels by constructing buildings, hosting events, or creating games, which can be monetized through entry fees, advertising, or sales of in-game items.

The game’s economy revolves around its native cryptocurrency, MANA, which players use to buy LAND, avatars, wearables, and other digital goods. MANA can also be earned by participating in various activities, such as playing games, attending events, or creating content.

5. Splinterlands

Splinterlands

Token

Blockchain

Game Genre

Supported Platform

DEC and SPS

Hive Blockchain

Card Game Strategy

Android, iOS, and Browser

Splinterlands is a popular trading cards P2E game that combines elements of trading card games (TCG) with strategy. Launched in 2018, it has rapidly grown to over 1.5 million registered users, with $7.44 million in tournament prizes. The game operates on the Hive blockchain, offering transparency and true ownership of in-game assets.

Players collect, trade, and battle with digital cards, each representing different characters and abilities. These cards are NFTs (non-fungible tokens), meaning they can be bought, sold, or rented on secondary markets like OpenSea, offering real earning potential. Cards are categorized into different “Splinters” (elements) such as Fire, Water, and Earth, and have varying rarities like Common, Rare, Epic, and Legendary.

The in-game currency, Dark Energy Crystals (DEC), can be earned through battles, tournaments, and daily quests. DEC can be traded on cryptocurrency exchanges or used within the game to purchase items and upgrades. Splinterlands also introduced its governance token, Splintershards (SPS), in July 2021, which can be staked for additional rewards and governance voting.

The game’s low barrier to entry, with starter packs available for $10, and its active marketplace make it accessible to both casual gamers and serious investors.

6. Big Time

Big Time

Token

Blockchain

Game Genre

Supported Platform

BIGTIME

Ethereum

RPG Adventure Action

PC and Mobile

Big Time is a multiplayer action RPG that merges traditional gameplay with blockchain technology. Developed by Big Time Studios, the game is free-to-play and incorporates play-to-earn mechanics. Players can choose from four distinct classes: Time Warrior, Chronomancer, Shadowblade, and Quantum Fixer. These classes allow for various playstyles, and with the unique “Pocketwatch” feature, players can switch between classes seamlessly without creating new characters.

The game’s universe is rich with procedurally generated dungeons, ensuring that no two adventures are the same. These dungeons are key to collecting rare loot, including NFTs and the in-game currency, Big Time Tokens. These digital assets can be traded or sold, making the game’s economy heavily player-driven.

Plus, the game introduces SPACE, a form of virtual land that players can acquire to expand their in-game capabilities. This, along with other NFTs, can be freely traded in the game’s marketplace, offering potential real-world earnings for players.

7. Alien Worlds

Alien Worlds

Token

Blockchain

Game Genre

Supported Platform

TLM

Ethereum

Card Game Fighting

Browser

Alien World is another one of the best play-to-earn games for metaverse lovers. It integrates NFTs and tokenomics into a space exploration-themed metaverse. Launched in December 2020, the game has attracted over 1 million registered players, making it one of the top games on the BNB Chain and the WAX blockchain.

In Alien Worlds, players engage in mining, staking, and completing missions to earn Trilium (TLM), the game’s native token. TLM can be used to purchase NFTs, participate in governance, and stake on planets to increase potential rewards. The game also offers NFTs that represent various in-game items such as tools, weapons, and land, which can be traded on marketplaces like OpenSea.

Alien Worlds supports cross-chain functionality with Ethereum, BSC, and WAX, providing flexibility in how players manage their assets. The game’s decentralized structure is also notable, with a community-driven governance model. This governance is executed through “Planetary Syndicates”, which allow users to vote and submit proposals for planetary management.

What is a Play-to-Earn Game?

Play-to-earn (P2E) game is a type of video game where you can earn real-world rewards, usually in the form of cryptocurrency or NFTs (Non-Fungible Tokens), by playing the game. Unlike traditional video games, where players typically spend money on in-game items or progress, P2E games allow players to generate income through gameplay.

In these games, you might earn in-game currencies by completing tasks, winning battles, trading items, or participating in events. These rewards can then be traded, sold, or used within the game’s ecosystem.

For example, in a P2E game like “Axie Infinity”, players earn a cryptocurrency called Smooth Love Potion (SLP), which can be exchanged for real money or used to breed new in-game creatures called Axies.

P2E games are often built on blockchain technology, which ensures the ownership and transferability of in-game assets. This means you have true ownership of your items and can trade or sell them outside of the game environment.

Types of Play-to-Earn Crypto Games

Here are some key types of play-to-earn games in cryptocurrency:

  1. Collectible Card Games: These blockchain games let you collect, trade, and battle with digital cards. You can earn cryptocurrency by winning matches or selling rare cards. Popular examples include Gods Unchained and Splinterlands.
  2. Role-Playing Games (RPGs): In these games, you will be creating and developing characters, completing quests, and engaging in battles or adventures. You can earn cryptocurrency by completing missions, defeating enemies, or trading valuable in-game items and characters.
  3. Virtual World Games: In these passive income games, you explore and interact in digital worlds. You can buy real estate, build structures, and trade items to earn crypto. Games like Decentraland and The Sandbox fall into this category.
  4. Battle Royale Games: These games involve large groups of players fighting to be the last one standing, similar to PUBG. You can earn crypto rewards for winning matches or completing challenges. Thetan Arena is an example of a crypto-based battle royale game.
  5. Strategy Games: The games require strategic thinking and resource management. You can earn crypto by building successful empires or winning battles.
  6. Sports Games: These play-to-earn games simulate real-world sports like football. You can earn crypto by managing teams, winning matches, or trading player cards.
  7. NFT Games: In these games, you can own, trade, and use unique digital assets represented as NFTs. These assets can include characters, items, land, or other in-game elements.
  8. Racing Games: It lets you compete in virtual races using digital vehicles. You can earn crypto by winning races or trading in-game assets. Crypto Cars World is an example of this type of P2E game.

Pros and Cons of Play-to-Earn Games

Pros

Cons

Generate passive income by playing games

Some P2E games require significant initial in-game transactions or investments

True ownership of virtual assets

Many scam tokens launched through Gamefi niches

New gaming communities and the economy

The energy consumption in P2E games can be environmentally harmful

Economic opportunities for people in developing countries

An in-game economy can be susceptible to inflation or deflation

Bring new users and developers to the gaming industry

How to Make Money with Play-to-Earn NFT Games?

  1. Play and earn in-game rewards: Many play-to-earn games reward players with cryptocurrency tokens or NFTs for completing tasks, winning battles, or progressing through the game.
  2. Trade in-game assets: Valuable in-game items, characters, or land parcels are often tokenized as NFTs that can be bought and sold on marketplaces.
  3. Stake tokens: Certain best play-to-earn games offer staking mechanisms where you can lock up tokens to earn passive income.
  4. Rent-out assets: In some games, you can rent out your NFTs or in-game assets to other players for a fee.
  5. Participate in tournaments: Competitive games may offer prize pools for tournament winners.
  6. Create content: Some games reward content creators who produce guides, streams, or other game-related material.
  7. Invest early: Getting involved in promising games early can potentially lead to asset appreciation as the game grows in popularity.

Conclusion

The play-to-earn (P2E) gaming will evolve rapidly, offering diverse opportunities to earn crypto and NFTs while bringing more real-world value. Games like Axie Infinity, The Sandbox, and Illuvium stand out for their innovative integration of blockchain technology and user-driven content.

Whether you prefer strategic card games, expansive virtual worlds, or action-packed RPGs, there’s a play-to-earn game to match your interests and play style. As the industry grows, players have more ways to combine gaming with financial rewards, making it an exciting time for both gamers and investors alike.

FAQs

Which is the highest earning P2E game?

Axie Infinity is currently the highest earning play-to-earn game. It has a massive player base and has generated significant revenue through the sale of Axies and in-game tokens. According to CryptoSlam, it has generated over $4.27 billion in total NFT sales.

What are the best play-to-earn games on Android and iOS?

For Android and iOS, Axie Infinity and Splinterlands are top picks. Axie Infinity allows you to earn rewards by breeding and battling digital pets, while Splinterlands offers a strategic trading card game experience. Both games are well-optimized for mobile devices and provide accessible ways to earn crypto and NFTs on the go.

Are play-to-earn crypto games legit?

Yes, play-to-earn crypto games are generally legitimate. These games use blockchain technology to offer true ownership of in-game assets and the ability to earn real rewards. However, as with any investment, there are risks involved, including potential scams and market volatility. Always verify the credibility of a game and its developers before getting involved.

What is the best crypto app to play games and earn money?

Axie Infinity, Splinterlands, and League of Kingdoms are among the best crypto apps to make money in the form of crypto tokens and NFTs

Can I play NFT games for free?

Yes, some NFT games offer free-to-play options. Free crypto games like “Illuvium” provide an initial free experience where you can explore and engage with the game without spending money. While you can start for free, there may be opportunities to purchase additional features or assets to enhance your gameplay.

What are the most profitable play-to-earn games?

Axie Infinity, The Sandbox, and Decentraland are all the most profitable play-to-earn crypto and NFT games.

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5 Best Zero Fee Crypto Exchanges to Buy Bitcoin in 2025 https://nftevening.com/best-zero-fee-crypto-exchanges/?utm_source=rss&utm_medium=rss&utm_campaign=best-zero-fee-crypto-exchanges Thu, 08 Aug 2024 07:38:10 +0000 https://nftevening.com/?p=139596 Cryptocurrency trading has become more accessible thanks to the rise of zero-fee exchanges. These platforms allow you to buy and sell digital assets without paying trading fees. This guide will

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Cryptocurrency trading has become more accessible thanks to the rise of zero-fee exchanges. These platforms allow you to buy and sell digital assets without paying trading fees. This guide will explore the best zero-fee crypto exchanges that let you trade crypto for free. 

We’ll look at how these no-fee crypto platforms work. Whether you want to buy Bitcoin without fees or trade other cryptocurrencies, these exchanges offer a cost-effective way to enter the market. We’ll compare their features, security measures, and user experiences to help you choose the right platform.

Best No-Fee Crypto Exchanges and Trading Platforms: Our Top Picks

We have reviewed more than 15 cheapest crypto exchanges and compared them based on their fees, trading features, security measures, user interface, and more. Here is our list of the top 5 zero-fee crypto exchanges:

  1. MEXC: Zero maker fee crypto trading platform
  2. Binance: Cheapest fiat-to-crypto exchange
  3. Lykke: No-fee cryptocurrency exchange in the UK
  4. Phemex: Lowest transaction fee crypto exchange
  5. Deribit: Buy Bitcoin without fees in the spot market

1. MEXC: Zero Maker Fee Crypto Trading Platform

MEXC: Zero Maker Fee Crypto Trading Platform

MEXC stands out as a leading zero-fee crypto exchange in the digital asset market. For spot trading, both makers and takers enjoy 0% fees, making it truly cost-free to buy and sell cryptocurrencies. Futures traders also benefit from competitive rates, with 0% maker fees and a low 0.01% taker fee.

MEXC_square_logo-removebg-preview

User Score

9.5

Promotion

8,000 USDT Sign-Up Bonus

-10% Trading Fees

Founded in 2018, MEXC has grown rapidly, serving 10 million users globally. The exchange supports over 2,500 cryptocurrencies, giving traders a wide range of altcoins and niche tokens. It also provides access to spot, futures, margin, and copy trading. MEXC’s user interface is designed to be user-friendly, making it easy to navigate for traders at all levels.

For security, the exchange employs multi-signature wallets, cold storage for most user funds, and PoR audits to protect user assets. It also offers two-factor authentication (2FA) and anti-phishing codes to enhance account security. You can read our complete MEXC review for a detailed overview.

Pros of MEXC

  • 0% fees for spot and futures makers, with very low taker fees
  • Supports a wide range of cryptocurrencies
  • Fast transaction speeds and high liquidity
  • Strong security measures
  • User-friendly interface, suitable for all experience levels.

Cons of MEXC

  • Limited fiat deposit and withdrawal methods
  • Not available for U.S. traders

MEXC_square_logo-removebg-preview

MEXC Referral Code

Claim 8,000 USDT Sign-Up Bonus

Code Valid: May 2025

2. Binance: Cheapest Fiat-to-Crypto Exchange

Binance: Cheapest Fiat-to-Crypto Exchange

Binance is another top choice among zero-fee crypto exchanges. The exchange charges no deposit fees, making it easy for users to fund their accounts. Binance also offers a no-fee “Convert” feature. It allows you to convert between fiat-to-crypto, or between crypto-to-crypto, with zero fees. This means you can easily swap Bitcoin (BTC) for Tether (USDT) or vice versa without incurring any transaction costs.

binance-logo-2

User Score

10

Promotion

-10% Trading Fees

Get 10% Lifetime Cashback on Every Trade

For spot crypto trading, Binance charges a competitive fee of 0.1% maker/taker. However, the exchange provides additional incentives for users. Holders of Binance Coin (BNB), the platform’s native token, receive a 25% discount on trading fees. High-volume traders can enjoy even lower fees, with discounts increasing based on trading activity and BNB holdings.

Founded in 2017, Binance has quickly become the world’s largest cryptocurrency exchange by trading volume. As of 2024, it handles over $20 billion in daily trading volume and boasts more than 210 million registered users worldwide. Check out our full Binance review.

Pros of Binance

  • Low trading fees with additional discounts
  • SAFU insurance fund
  • Advanced security features, including 2FA and cold storage
  • High liquidity, ensuring fast trades and zero price slippage
  • Extensive range of products, including spot, futures, and staking

Cons of Binance

  • Separate Binance.US platform for U.S. users with fewer trading features
  • Advanced features can be challenging for beginners

binance-logo-2

Binance Referral Code

-10% Trading Fees

Get 10% Lifetime Cashback on Every Trade

Code Valid: May 2025

3. Lykke: No-Fee Cryptocurrency Exchange in the UK

Lykke: No-Fee Cryptocurrency Exchange in the UK

Lykke is the cheapest crypto exchange in the UK that offers an attractive trading portal with no commissions on swaps and trading. This platform allows you to trade Bitcoin and Ethereum without worrying about the typical fees that can eat into your profits. Lykke’s fee-free structure applies to both taker and maker fees.

One of the key benefits of using Lykke is the low spreads between buy and sell prices. This ensures that you can execute trades close to the actual market price. Additionally, Lykke provides zero fees for fiat deposits and withdrawals. The exchange supports a variety of fiat currencies, including EUR, CHF, GBP, and USD, and allows direct bank transfers for deposits and withdrawals.

Lykke also offers solid liquidity and top-notch security, complying with KYC and AML standards. You can access Lykke’s services in over 120 countries, making it a globally accessible platform for crypto trading.

Pros of Lykke

  • No trading fees, making it cost-effective for all users
  • Low buy-sell spreads
  • Supports both cryptocurrency and fiat transactions
  • Offers high-frequency and algorithmic trading support with robust API integration
  • Provides 24/7 customer support and adheres to KYC and AML compliance

Cons of Lykke

  • Only 20 cryptocurrencies are supported for trading
  • Lacks advanced features like staking or lending

4. Phemex: Lowest Transaction Fee Crypto Exchange

Phemex: Lowest Transaction Fee Crypto Exchange

Phemex is another prominent zero-fee cryptocurrency exchange in the digital asset market. This platform operates on a unique no-fee model that eliminates trading fees for its premium members. Instead of charging per transaction, Phemex offers a subscription-based service.

You can choose from three premium membership tiers: monthly at $9.99, quarterly at $19.99, or annually at $69.99. Premium members enjoy several benefits beyond fee-free trading. They can make hourly withdrawals without limits and set conditional spot orders. The zero-fee trading model applies to substantial trading volumes. Premium members can trade up to $1 million daily and $5 million monthly without incurring fees. Trades exceeding these thresholds are subject to a standard 0.1% fee.

Phemex also supports zero-fee crypto deposits and fiat deposits through SWIFT, ACH, SEPA, and FPS. The exchange has the lowest 0.8% fees for credit and debit card purchases. It supports all popular cryptocurrencies and offers both spot and derivatives trading. Phemex also provides educational resources and a user-friendly interface, making it accessible to traders of all experience levels.

Pros of Phemex

  • Zero-fee spot trading available with a premium membership
  • High-leverage futures trading, up to 100x
  • User-friendly interface with a quick sign-up process
  • 24/7 customer support with a responsive team
  • Supports a wide range of cryptocurrencies for trading

Cons of Phemex

  • Lower liquidity for some trading pairs compared to larger crypto exchanges
  • Customer support can be slow sometimes
Phemex logo

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5. Deribit: Buy Bitcoin Without Fees in Spot Market

Deribit: Buy Bitcoin Without Fees in Spot Market

Deribit is generally known for low-cost futures and options trading. But, the exchange also supports zero-fee spot trading. On the spot market, Deribit charges 0% maker and 0% taker fees, ensuring that traders can buy and sell cryptocurrencies without incurring any additional charges. 

For perpetual futures contracts, Deribit maintains highly competitive rates. Traders benefit from 0% maker fees, encouraging liquidity provision on the platform. Taker fees for these contracts are set at a low of 0.05%.

Deribit offers a range of crypto trading products, focusing primarily on Bitcoin and Ethereum derivatives. The exchange boasts an impressive lineup of futures and options contracts, attracting both experienced traders and newcomers to the crypto derivatives market.

Pros of Deribit

  • High-leverage trading on Bitcoin and Ethereum futures and options
  • Very low trading fees, with rebates available for market makers
  • 104+ perpetual futures trading pairs
  • Fast and reliable trading engine with instant order execution
  • Position Builder, Deribit Metrics, and other top-notch analytic tools

Cons of Deribit

  • Canada and the United States are restricted
  • Limited liquidity in the spot market

Top Zero Fee Crypto Exchanges Compared

Exchange Our Rating Zero-Fee Feature Supported Coins Additional Features
MEXC 9.5/10 0% for spot and futures makers 2,500+ Perpetual futures trading, copy trading, and staking services
Binance 9/10 No-fee crypto-to-crypto convert 400+ Launchpad, derivatives market, options trading, Binance Pay
Lykke 8.5/10 Zero trading fees and low buy-sell spreads 20+ Licensed in the EU, low spreads, and Lykke Wallet
Phemex 8/10 0% fee for premium members 275+ Web3 portal, Launchpool, mock trading, trading bots, and more
Deribit 7.5/10 0% for spot and 0% maker fees for futures 41+ Futures and options trading

How to Choose the Best No-Fee Exchange?

Choosing the best no-fee crypto exchange requires careful consideration of several factors:

  1. Zero-Fee Buying and Selling: The exchange must support no-fee crypto trading. You can check for its trading fees, deposit fees, withdrawal fees, or service fees. 
  2. Security Measures: Look for platforms that use cold storage, offer two-factor authentication, PoR transparency, and have a strong track record of protecting user funds.
  3. Reputation: Read reviews and check if the exchange has a history of good customer service and reliability. Trusted exchanges are less likely to have issues.
  4. User Experience: Choose an exchange with a user-friendly interface. It should be easy to navigate, especially if you are new to trading. Look for clear instructions and helpful resources.
  5. Variety of Crypto Assets: Ensure the zero-fee crypto exchange offers the digital assets you want to trade. Some exchanges have a wider range of coins and tokens than others.
  6. Liquidity: High liquidity means you can buy or sell assets quickly without affecting the market price too much. This is important for getting fair prices and completing trades swiftly.
  7. Deposit and Withdrawal Options: Check the methods available for depositing and withdrawing funds. Look for options that are convenient and have low or no fees.

How To Trade Crypto With No Fees?

Here’s how to trade crypto with no fees:

  • Choose a Zero-Fee Exchange: Start by creating an account on a crypto exchange that offers zero-fee trading or zero-fee markets, such as MEXC, Binance, or Deribit. These are the best crypto exchanges for providing various trading pairs with no fees or very low crypto trading fees.
  • Complete KYC: KYC stands for “Know Your Customer”. This process helps exchanges comply with regulations and prevent fraud. Submit the required documents, which typically include a government-issued ID (passport or driver’s license) and proof of address (utility bill or bank statement).
  • Deposit funds: Once your account is verified, navigate to the “Deposit” or “Funds” section. Choose your preferred deposit method (bank transfer, credit card, or cryptocurrency). Follow the instructions to transfer funds to your exchange account. Be aware of any deposit fees or minimum deposit amounts.
  • Trade crypto without fees: Look for trading pairs that offer zero fees. These are often listed as “0% maker/taker fees” or “fee-free trading”. Place your order using the exchange’s trading interface. Choose between market orders (instant execution at current price) or limit orders (execution at a specific price). Monitor your trades and adjust your strategy as needed.

Conclusion

In a nutshell, zero-fee crypto exchanges have revolutionized cryptocurrency trading by eliminating transaction costs, making it easier for individuals to enter the market. These no-fee trading platforms, such as MEXC, Binance, Deribit, Phemex, and Lykke, offer various benefits, including cost-effective trading, robust security measures, and user-friendly interfaces. 

However, it is essential to consider factors like liquidity, supported cryptocurrencies, and security features when choosing the best zero-fee platform for trading.

FAQs

How do zero-fee exchanges work?

Zero-fee trading crypto exchanges operate by employing alternative revenue models to compensate for the absence of trading fees. They might earn income from services like margin trading, withdrawal fees, listing fees, or other premium features offered on the platform. 

Some centralized exchanges make money by taking a small spread between the buy and sell prices of assets. Others use a maker-taker model where market makers receive rebates for providing liquidity, while takers pay a small fee. Plus, zero-fee exchanges might generate revenue through partnerships, listing fees for new cryptocurrencies, or by offering ancillary services such as lending or staking.

Are no-fee crypto trading exchanges safe?

Yes, no-fee crypto trading exchanges are safe to use. Safety depends on the exchange’s security measures, such as two-factor authentication, cold storage for funds, and encryption protocols. 

While the absence of trading fees is appealing, it doesn’t necessarily indicate a lack of security. Some exchanges use zero-fee trading as a strategy to attract more users and increase liquidity, rather than compromising on safety.

What are the best places to trade crypto without fees?

Some of the best places to trade crypto without fees include MEXC, Binance, and Lykke. MEXC offers zero fees for both makers and takers in spot trading, making it a top choice for cost-conscious traders. 

Binance provides a no-fee “Convert” feature, allowing users to swap between cryptocurrencies without any transaction costs. Lykke, a UK-based exchange, also offers fee-free trading for both crypto and fiat transactions, with the added benefit of low spreads between buy and sell prices.

Which crypto exchange has the lowest Bitcoin trading fees?

MEXC is known for offering some of the lowest Bitcoin trading fees in the market. For spot trading, MEXC provides a true zero-fee experience for both makers and takers, meaning you can buy and sell Bitcoin without any transaction costs. 

This makes MEXC an attractive option for traders looking to minimize their expenses. Plus, MEXC offers low fees for futures trading, with a 0% maker fee and a minimal 0.01% taker fee.

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13 Best No KYC Crypto Exchanges for 2025 https://nftevening.com/best-no-kyc-crypto-exchanges/?utm_source=rss&utm_medium=rss&utm_campaign=best-no-kyc-crypto-exchanges Thu, 08 Aug 2024 07:22:44 +0000 https://nftevening.com/?p=139593 The cryptocurrency market has seen rapid growth, but for many, the process of buying Bitcoin and other digital assets can be daunting due to stringent Know Your Customer (KYC) requirements.

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The cryptocurrency market has seen rapid growth, but for many, the process of buying Bitcoin and other digital assets can be daunting due to stringent Know Your Customer (KYC) requirements. These regulations often involve sharing personal information, which many find intrusive. If you’re looking for a way to buy crypto without KYC, this guide is for you.

We will review the best no-KYC crypto exchanges and trading platforms, discover how to buy crypto with no ID verification, and understand the pros and cons of using such non-KYC exchanges.

13 Best No-KYC Crypto Exchanges Ranked: Our Top Picks

Here is our list of top 13 non-KYC crypto exchanges:

  1. MEXC: Overall Best non-KYC crypto exchange with low fees
  2. GhostSwap: The ultimate non-KYC crypto exchange for total privacy
  3. TorrentSwap: Decentralized exchange with private 0% KYC
  4. BingX: Highly secure and regulated cryptocurrency exchange
  5. PrimeXBT: Non-KYC crypto platform for high-leverage trading
  6. CoinEx: Popular crypto exchange without KYC to build altcoin profitable
  7. Bybit: Best derivatives trading platform without KYC
  8. Changelly: Best for crypto swaps without verification
  9. Uniswap: Best non-KYC decentralized crypto exchange for ERC-20 tokens
  10. dYdX: Trade perpetual futures contracts without ID verification
  11. Hodl Hodl: Instantly buy Bitcoin without verification in a P2P manner
  12. Pancakeswap: Low fees decentralized exchange without ID verification
  13. ProBit Global: Best centralized platforms for buying Bitcoin anonymously

Comparison of Non-KYC Crypto Exchanges and Trading Platforms

Exchange Supported Coins Custody? KYC Mandatory Withdrawal Limits
MEXC 2,500+ Custodial Tiered KYC 10 BTC per day
GhostSwap 1,500+ Non-Custodial No KYC Unlimited
TorrentSwap 100+ Custodial No KYC Unlimited
BingX 800+ Custodial Tiered KYC 20,000 USDT daily
PrimeXBT 100+ Custodial Tiered KYC $2,000 fiat and 20,000 USDT daily
CoinEx 1153+ Custodial Tiered KYC 10,000 USD daily
Bybit 1600+ Custodial Tiered KYC 20,000 USDT
Changelly 500+ Non-Custodial No KYC 1 BTC
Uniswap 400,000+ Non-Custodial No KYC Unlimited
dYdX 124+ Non-Custodial No KYC Unlimited
Hodl Hodl BTC only Non-Custodial No KYC Depends on P2P order
PancakeSwap 3,000+ Non-Custodial No KYC Unlimited
ProBit Global 800+ Custodial Tiered KYC 5,000 USDT

Best No KYC Crypto Exchanges for 2025 Reviewed

Explore our detailed guide to find the best no KYC cryptocurrency platforms that let you buy crypto without ID verification.

1. MEXC

MEXC

MEXC is our #1 choice as a non-KYC crypto exchange. The platform allows you to deposit, withdraw, and trade cryptocurrencies using only an email address, making it an attractive option if you seek privacy. It implements a tiered withdrawal limit system, catering to unverified and verified users. As an unverified account holder, which requires no ID verification, you enjoy a generous daily withdrawal limit of 10 BTC.

MEXC_square_logo-removebg-preview

User Score

9.5

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For users who opt to complete the KYC process, MEXC offers increased withdrawal limits. KYC Level 1 verification allows a daily withdrawal limit of 80 BTC, while KYC Level 2 verification increases this limit to 100 BTC. This tiered approach offers more options for those wanting to upgrade their account later.

MEXC supports 2,500+ cryptocurrencies and provides various advanced trading features, including spot trading, perpetual futures contracts, copy trading, and P2P trading. The exchange also offers 0% trading fees and a user-friendly interface, making it a top choice for both beginners and experienced traders. Read our detailed MEXC review for more information.

Pros

  • No KYC needed for basic account setup and trading
  • 10 BTC high withdrawal limits for unverified users
  • 2,500+ altcoins and trading pairs available
  • Offers futures trading without ID verification
  • 0% fee for spot trading and 0.01% futures taker fees

Cons

  • Limited fiat currency support for no-KYC accounts
  • Regulatory restrictions in certain jurisdictions including the U.S.
  • Does not offer options trading and margin trading
MEXC_square_logo-removebg-preview

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2. GhostSwap

ghost swap

GhostSwap redefines the experience as an anonymous cryptocurrency exchange, providing unparalleled privacy and ease. As a fully anonymous, non-custodial platform, GhostSwap allows you to swap 1,500+ cryptocurrencies across multiple blockchains without any KYC, registration, or account setup.

Your privacy is the top priority—no personal data, no identity exposure, just fast, secure, and limitless swaps. Whether you’re trading Bitcoin, Ethereum, Monero or Solana, GhostSwap ensures complete anonymity and control over your assets, offering a seamless experience designed for privacy-focused users.

Pros

  • 100% Anonymous: No accounts, no KYC, no identity verification required.
  • Cross-Chain Support: Swap 1,500+ cryptocurrencies across various blockchains.
  • Non-Custodial: Your crypto stays with you—no custody or third-party control.
  • Fast Transactions: Optimized for speed, ensuring quick and reliable swaps.
  • Privacy-Focused: Designed with privacy as a core value; no personal details needed.

Cons

  • No Fiat Support: Limited to crypto-to-crypto swaps only.

3. TorrentSwap

TorrentSwap

TorrentSwap is a self-custody, cross-chain swap platform built for privacy-conscious crypto traders. By eliminating the need for sign-ups or identity checks, TorrentSwap ensures 0% KYC, allowing anyone with a crypto wallet to trade securely and anonymously. Unlike traditional exchanges, TorrentSwap never takes custody of your assets, nor does it rely on a centralized liquidity provider. Instead, trades are executed via audited, non-custodial smart contracts that source liquidity on-chain, meaning your funds remain fully under your control from start to finish.

With support for major blockchains (Bitcoin, Ethereum, Solana, Arbitrum, Polkadot, and more), TorrentSwap lets you move value across different ecosystems in a single transaction, typically within 30 minutes. Transparent pricing with real-time quotes keeps you informed of the exact output, fees, and potential slippage before you commit, while on-chain trade settlement and a public tracker give you full visibility into your swap status. If you value privacy, autonomy, and decentralized liquidity, TorrentSwap offers a frictionless alternative to traditional, centralized exchanges.

Pros

  • Zero KYC: No sign-ups, no identity checks, and no data collection.
  • True Self-Custody: You send and receive assets directly from your own wallets—TorrentSwap never holds your funds.
  • Decentralized Liquidity: All trades are handled via on-chain liquidity, not a centralized provider.
  • Cross-Chain Compatibility: Swap BTC, ETH, SOL, ARB, DOT, and dozens of other native tokens in one go.
  • Transparent & Fast: Real-time quotes and a public tracker allow you to follow your transaction; most swaps finalize in under 30 minutes.
  • Global Access: Open to anyone, anywhere, with a crypto wallet.

Cons

  • Limited Support Channels: As a decentralized platform, there may be fewer traditional support options compared to centralized exchanges.

4. BingX

BingX

BingX is another privacy-focused and anonymous crypto exchange that does not require KYC verification. It provides spot trading, futures contracts with 125x leverage, and copy trading services. The exchange supports 800+ cryptocurrencies, including Bitcoin, Ethereum, and other major altcoins.

Bingx logo

User Score

9.7

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BingX’s no-KYC policy allows unverified users to withdraw without the need to submit personal identification documents. However, there are certain limits in place. Unverified accounts can withdraw up to 20,000 USDT daily, which is quite competitive compared to other crypto exchanges.

The platform also offers low trading fees, with spot trading fees set at 0.1% and futures trading fees at 0.02% (maker) and 0.05% (taker). BingX’s fee structure is designed to be affordable, particularly for active traders. Additionally, the exchange provides a user-friendly interface and robust security features, including cold wallet storage and two-factor authentication. Check out our complete BingX review here.

Pros

  • No KYC required for withdrawals
  • A wide range of cryptocurrencies is available
  • Competitive trading fees
  • User-friendly interface and mobile app
  • Copy trading feature for beginners

Cons

  • Advanced features like P2P and leverage trading require KYC
  • No access to fiat currency deposits and withdrawals without verification
Bingx logo

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5. PrimeXBT

PrimeXBT

Founded in 2018, PrimeXBT has rapidly grown to become a significant player in the crypto trading space. The platform supports trading in over 100 crypto assets, including major cryptocurrencies like BTC and ETH. PrimeXBT also offers trading in traditional financial instruments such as forex, commodities, and stock indices.

One of PrimeXBT’s key attractions is its no-KYC policy for crypto transactions. It allows you to deposit up to $2,000 using fiat payment methods, such as debit or credit cards, without completing KYC. The platform also enables crypto withdrawals of up to $20,000 per day without needing any ID verification. This makes it an attractive option for traders who value privacy and prefer to trade without verification.

This no-KYC crypto exchange also includes advanced charting tools powered by TradingView, allowing traders to conduct thorough technical analysis. It also offers leveraged trading with up to 100x leverage on certain crypto pairs. It also offers 1:1000 leverage for trading Forex, Indices, and Commodities.

Pros

  • Trade without identity verification
  • Deposit up to $2,000 using fiat without ID
  • Up to $20,000 in daily withdrawals without KYC
  • High-leverage futures contracts up to 100x
  • Copy trading feature available

Cons

  • No spot market available for trading
  • A limited number of tokens are supported
  • Low crypto trading volume and liquidity

6. CoinEx

CoinEx

CoinEx is another best no-KYC crypto exchange. It supports over 1,153+ new altcoins and offers various trading pairs, including spot trading, futures contracts, and margin trading. The exchange is particularly best for traders who prefer trading new altcoins, meme coins, or pump-and-dump coins. It lists all new crypto projects without any thorough investigations, which is a major drawback of this exchange.

For users who prefer trading without ID verification, CoinEx offers generous daily and monthly limits. By completing mobile or TOTP (Time-based One-Time Password) binding, you can withdraw up to 10,000 USD within 24 hours and 50,000 USD over 30 days without KYC. If you choose to complete personal ID verification, the withdrawal limit increases significantly to $1,000,000.

The platform also provides a mobile app, ensuring that you can trade on the go. It offers strong security features, such as two-factor authentication (2FA) and cold wallet storage, to protect your assets. CoinEx utilizes a user-friendly interface. The platform is available in 16 languages and serves users from more than 200 countries.

Pros

  • Doesn’t require KYC for trading and withdrawals
  • High withdrawal limits without ID verification
  • Advanced crypto trading and charting tools
  • Crypto loans for borrowers
  • Earn passive income with staking and earn feature

Cons

  • Limited fiat currency support
  • Often list scam coins
  • Customer support may be slow during peak times

7. Bybit

Bybit

Bybit is a popular cryptocurrency exchange that started in 2018 and is based in Singapore. It’s known for being user-friendly and offering a variety of trading options, especially for people who like privacy. Many consider it one of the best no-KYC exchanges because it lets users withdraw without sharing personal details like ID or address, though there are some limits. 

Right now, if you don’t do KYC verification, you can withdraw up to $20,000 worth of crypto daily and $100,000 monthly. However, things have changed a bit over time. Previously, Bybit used to allow trading and deposits without KYC, but as of 2025, they tightened their rules. Now, to trade or deposit crypto, you need to complete KYC, which involves submitting identification. For withdrawals, the $20,000 daily limit is still decent for small to medium traders who want to stay anonymous. 

The exchange focuses heavily on derivatives trading, like futures and perpetual contracts, with leverage of up to 100x. It also offers spot trading and passive income options like staking, but these often require KYC for full access. Bybit keeps user funds safe with cold storage and two-factor authentication, making it secure even for non-KYC users.

Pros

  • Offers high leverage up to 100x for derivatives trading
  • Allows withdrawals up to $20,000 daily without KYC verification
  • Provides a fast platform with over 100,000 transactions per second
  • Keeps funds secure with cold storage and two-factor authentication
  • Has a simple mobile app and website for easy use

Cons

  • Requires KYC for trading and depositing, limiting privacy options
  • Bybit recently faced a $1.4 billion hack
  • Not available in the US due to strict regulations
bybit-logo-white

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8. Changelly

Changelly

Changelly is a cryptocurrency exchange platform that allows you to easily swap, buy, and sell various digital assets. The platform supports over 500 cryptocurrencies, including popular ones like Bitcoin, Ethereum, and Litecoin. Changelly offers competitive exchange rates and charges a 0.25% fee per transaction.

However, the platform is known for its liquidity aggregator feature through partnerships with over 20 other crypto trading platforms. This means usually transaction takes between 5 to 40 minutes to complete, depending on network conditions. You can also swap 1:1 on any supported stablecoins like USDT to USDC or vice-versa.

One of Changelly’s standout features is its KYC-free swaps of up to 1 BTC every 24 hours. This means you can exchange cryptocurrencies without ID verification, making it an attractive option for those seeking anonymity in their transactions. The platform does not require you to store funds on the exchange, reducing the risk of hacks. Instead, transactions are done directly to your wallet. Changelly has partnerships with several wallets, such as Ledger and Trezor, to provide a seamless trading experience.

Pros

  • No-KYC swaps up to 1 BTC daily
  • No need to store funds on the exchange.
  • Offers fixed-rate exchanges to avoid volatility
  • A mobile app for both iOS and Android
  • Exchange Bitcoin and 500+ altcoins

Cons

  • Transactions are not quick compared to centralized exchanges
  • No built-in wallet functionality
  • Higher swap fees compared to MEXC or BingX

9. Uniswap

Uniswap

Uniswap is a no KYC decentralized exchange on the Ethereum blockchain. Launched in 2018, it has become one of the most popular platforms for trading ERC-20 tokens without ID verification. Now, it supports more than 10 blockchains including Arbitrum, Polygon, and Optimism.

It is also one of the largest DEXs by trading volume. Uniswap uses an automated market maker (AMM) system, which means you can trade tokens without needing a traditional order book. Instead, trades are executed against a liquidity pool.

The exchange supports thousands of ERC-20 tokens, providing a wide range of trading options without KYC. Its automated market maker (AMM) model ensures liquidity for all listed pairs. Users can also earn fees by providing liquidity to trading pools.

The platform’s native token, UNI, serves governance purposes and has a market cap exceeding $4 billion as of 2024. UNI holders can vote on protocol upgrades and changes. Uniswap’s user interface is designed for simplicity, allowing even newcomers to trade without verification. The platform integrates with various web3 wallets, enabling seamless, ID-free transactions.

Pros

  • It is non-custodial, meaning you maintain full control of your funds
  • Doesn’t require KYC or ID verification
  • Uniswap Wallet supports Apple Pay, Google Pay, and credit/debit cards for fiat purchases
  • High liquidity and trading volume
  • Supports over 400,000 ERC-20 tokens

Cons

  • Higher gas fees during network congestion
  • Potential for impermanent loss when providing liquidity
  • Less suitable for large trades due to slippage

10. dYdX

dYdX

dYdX is a decentralized cryptocurrency exchange that offers trading without KYC requirements. Launched in 2017, dYdX operates on the Ethereum blockchain and specializes in perpetual contracts, spot trading, and margin trading. You can trade in the spot market on the Ethereum L1 blockchains.

This exchange runs on Ethereum’s Layer 2, utilizing the StarkWare engine to enable faster and cheaper transactions. dYdX offers up to 20x leverage on its perpetual contracts, which are its primary trading product. The exchange does not charge traditional trading fees; instead, it uses a fee structure based on trading volume and liquidity, starting from 0.02% for makers and 0.05% for takers.

dYdX supports over 124 coins and trading pairs, including major cryptocurrencies like Bitcoin, Ethereum, and Solana. dYdX’s trading volume often exceeds $1 billion daily, making it one of the best decentralized crypto exchanges by volume.

Pros

  • Non-KYC crypto perpetual trading and swaps
  • Fully decentralized, offering high transparency and user control
  • Low gas fees due to off-chain transactions, reducing trading costs
  • High-leverage contracts, with up to 20x leverage on major assets
  • Supports multiple hardware wallet connections

Cons

  • Limited cryptocurrency support compared to some centralized exchanges
  • Requires some technical knowledge to use effectively
  • No fiat currency support

11. Hodl Hodl

Hodl Hodl

Hodl Hodl is a no-KYC Bitcoin exchange that prioritizes user privacy and autonomy. Unlike traditional exchanges that demand extensive Know Your Customer verification, Hodl Hodl is a P2P exchange that operates on a trustless model, allowing users to trade Bitcoin without identification.

Hodl Hodl functions as a platform that connects buyers and sellers directly, eliminating the need for intermediaries. The exchange utilizes a multi-signature escrow system to secure transactions, ensuring that funds are released only when both parties fulfill their obligations. This mechanism enhances trust and security within the platform.

While Hodl Hodl primarily focuses on Bitcoin trading, you can use 100+ fiat currencies. It does not operate any wallets, which means that to buy or sell Bitcoin you need to have a wallet on your own. You can choose between popular crypto wallets like Trust Wallet, MetaMask, and Exodus Wallet.

Pros

  • Trade Bitcoin P2P without providing personal identification
  • Multi-signature escrow ensures secure and transparent transactions
  • User-friendly interface for beginners
  • Demo trading feature available

Cons

  • High trading fees of 0.5% per trade
  • Bitcoin may be sold at a premium price
  • Supports only BTC trading

12. Pancakeswap

Pancakeswap

PancakeSwap is another decentralized exchange (DEX) operating on the BNB Chain. Notably, the platform operates on a without verification, without ID, and no KYC basis, offering users a high degree of privacy.

As a DEX, PancakeSwap employs automated market makers (AMMs) to facilitate token swaps. This mechanism ensures liquidity and efficient trading without the need for traditional order books. The platform boasts an extensive range of services, including token swapping, yield farming, staking, and lottery. You can provide liquidity to pools and earn LP tokens in return. These tokens can be staked to earn CAKE, the platform’s native token.

As of now, PancakeSwap supports trading for a wide range of BEP-20 tokens with over 3,000 trading pairs available. It handles a significant trading volume daily, contributing to its high liquidity. It also features an NFT marketplace where users can buy, sell, and trade NFTs. The platform supports bridging assets between different blockchains, including other EVM-compatible chains and Aptos.

Pros

  • Transactions on the BNB chain are cheaper compared to Ethereum
  • Offers a high degree of user privacy and anonymity
  • Provides a variety of ways to earn and grow cryptocurrency holdings
  • Facilitates efficient trading with minimal price slippage
  • Features an easy-to-use platform suitable for both beginners and experienced traders

Cons

  • You may experience losses due to price fluctuations when providing liquidity
  • There is a risk with potential vulnerabilities in smart contracts
  • No advanced features like leverage trading

13. ProBit Global

ProBit Global

ProBit Global is another crypto exchange without KYC established in 2018. It allows you to trade a wide range of digital assets without the stringent requirement of ID verification. You can buy and sell over 800+ cryptocurrencies.

For users who prefer to trade without verification, ProBit Global allows deposits and withdrawals up to $5,000. Plus, if users complete the KYC process, their withdrawal limit increases to $10,000. Users who activate 2FA (Two-Factor Authentication) and complete KYC verification for at least seven days can enjoy a higher withdrawal limit of up to $500,000. This tiered system provides flexibility and enhanced security for different user needs.

To ensure security, ProBit Global maintains 95% of digital assets in cold storage and employs multiple encryption layers. The exchange has not reported any hacking incidents to date. Additional features include trading bots, staking events, and Initial Exchange Offerings (IEOs).

Pros

  • No mandatory KYC for initial trading
  • Competitive trading fees
  • Trading bots for automated strategies
  • Strong security measures
  • Fiat on-ramp support is available for more than 50 currencies

Cons

  • Low trading and liquidity
  • Highly unregulated crypto exchange
  • Lower withdrawal limits for non-KYC users

What is KYC in Crypto?

KYC, or Know Your Customer, is a regulatory process used in the crypto and financial industries to verify the identity of users before they can access certain services. In the context of cryptocurrency exchanges, KYC is implemented to comply with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.

The KYC process typically requires users to provide personal details such as:

  • Full name
  • Date of birth
  • Address
  • Government-issued ID (passport, driver’s license, etc.)
  • Proof of address (utility bill, bank statement, etc.)

Crypto platforms use KYC to ensure that their users are not involved in illegal activities and to maintain transparency in financial transactions.

What are Non-KYC Exchanges?

A non-KYC exchange is a digital platform that allows users to trade cryptocurrencies without undergoing the Know Your Customer verification process. These exchanges prioritize user privacy and anonymity by eliminating the need for personal identification documents or information.

Unlike traditional exchanges, non-KYC exchanges do not require users to submit government-issued IDs, proof of address, or other identifying details. This approach enables traders to maintain a higher level of confidentiality when buying, selling, or exchanging digital assets.

Benefits of non-KYC exchanges

  • Privacy: Users can trade without revealing personal information, protecting their identity and financial activities from being tracked.
  • Accessibility: No-KYC exchanges allow anyone to join and trade, regardless of their location or financial status.
  • Speed: Without the ID verification process, users can start trading immediately without delays caused by document verification.
  • Lower Costs: These exchanges often have lower operational costs because they do not need to invest in KYC infrastructure, and these savings can be passed on to users in the form of lower fees, like MEXC charges 0% fees for trading.
  • Reduced data risk: Less personal information stored means a lower risk of data breaches.
  • Ease of Use: Without the KYC process, the user experience is streamlined, making it easier for beginners to get started with trading. Even you can trade when you are below 18 years of age.

Drawbacks of non-KYC exchanges

  • Regulatory Risks: No-KYC exchanges often operate in a legal gray area and can be shut down by regulators, leading to potential loss of funds for users.
  • Security Concerns: The anonymity can attract malicious actors, increasing the risk of fraud, money laundering, terrorist financing, and other illegal activities on the platform.
  • Lack of Recourse: Without verified identities, recovering funds in case of a hack, scam, or dispute becomes extremely difficult, as there is no way to prove ownership.

Factors to Consider When Choosing a Non-KYC Crypto Exchange

Choosing a no-KYC exchange requires careful consideration of several factors. Follow these steps to select the best no KYC platform for your needs:

  1. Fully Anonymous Exchange: Choose an exchange that allows fully anonymous trading without ID verification, meaning it does not require personal information, preserving your privacy.
  2. Security Measures: Prioritize exchanges with robust security protocols. Look for features like two-factor authentication, cold storage for funds, and regular security audits. If selecting DEXes, check their smart contract audits and support for cold wallets.
  3. Trading Pairs: Check if the exchange offers the cryptocurrencies you want to trade. Some non-KYC exchanges have limited options compared to their KYC counterparts.
  4. High Liquidity: Higher liquidity ensures smoother transactions and better price execution. Review the exchange’s daily trading volume and order book depth.
  5. Transaction Fees: Compare fee structures across different platforms. Look for competitive trading fees, withdrawal charges, and deposit costs.
  6. Payment Methods: Ensure the non-KYC exchange supports your preferred payment options. Common methods include crypto transfers, bank cards, and peer-to-peer transactions.
  7. Geographical Restrictions: Some non-KYC exchanges restrict users from certain countries due to regulatory issues. Confirm that the platform operates in your region.
  8. Withdrawal Limits: Exchanges without KYC often impose lower withdrawal limits. Ensure these limits align with your trading needs.
  9. User Interface and Experience: A user-friendly platform with fast processing and easy navigation is crucial for efficient trading.

How to Buy Crypto Without KYC?

Step 1: Choose a non-KYC Exchange

To buy and trade crypto without KYC verification, the first step is to choose a non-KYC crypto exchange. Research and select an exchange that does not require identity verification and has a good reputation for security and user experience.

Make sure to read user reviews and check for any potential regulatory issues that might affect its operation. As discussed above, some of the top non-KYC crypto platforms are MEXC, BingX, PrimeXBT, Uniswap, and CoinEx.

Step 2: Create an Anonymous Account using Email

Next, create an anonymous account using an email address. It’s best to use an email that doesn’t contain personal details. Some exchanges may require you to verify your email, but this process is quick and does not involve sharing any personal documents. Ensure you use strong passwords and enable two-factor authentication for added security.

Step 3: Deposit Crypto or Fiat

Once your account is set up, you can deposit crypto or fiat currency. If the exchange allows fiat deposits without KYC, you might need to use specific payment methods like certain prepaid cards or e-wallets. For example, PrimeXBT allows up to $2,000 in fiat deposits.

For crypto deposits, simply transfer your existing cryptocurrency from another wallet to the exchange’s wallet address. Make sure to double-check the address to avoid any mistakes.

Step 4: Start Trading Crypto Without Verification

Finally, you can start trading crypto without verification. Navigate to the trading section of the exchange and choose the crypto pairs you want to trade. You can place buy or sell orders and take advantage of the exchange’s tools and features to manage your trades.

Remember to regularly check the exchange’s policies, as regulatory changes might affect your ability to trade without KYC in the future.

How to Withdraw Crypto Without KYC?

Step 1: Set Up a Personal Crypto Wallet

Use a wallet you control, like a software wallet (e.g., Exodus) or a hardware wallet (e.g., Ledger). Get the wallet address ready for withdrawal. Make sure it supports the crypto you’re moving.

Step 2: Start the Crypto Withdrawal

Go to the withdrawal section on the exchange. Enter your wallet address and the amount you want to withdraw. Confirm the details carefully to avoid errors.

Step 3: Confirm and Wait

Submit the withdrawal request and wait for it to process. Some exchanges may ask for email confirmation – check your inbox. Once approved, the crypto will arrive in your wallet after blockchain confirmation.

Best Practices to Stay Safe While Using No-KYC Crypto Exchanges

Using no-KYC crypto exchanges can be risky, but you can stay safe by following some simple steps. Here are 7 best practices to protect yourself:

  1. Use a Secure Wallet: Always move your funds to a personal wallet after trading. A hardware or cold wallet keeps your crypto offline and safe from hacks. Don’t leave money on the exchange longer than needed.
  2. Enable Two-Factor Authentication (2FA): Turn on 2FA for your exchange account if it’s available. This adds an extra layer of security with a code from your phone or email. It makes it harder for someone to break in.
  3. Research the Exchange: Check the exchange’s reputation before using it. Look for user reviews and see if it has a history of hacks or scams. Stick to platforms that people trust and have been around for a while.
  4. Limit Funds on the Exchange: Only keep small amounts on the exchange for trading. Transfer the rest to your wallet right after you’re done. This way, you lose less if something goes wrong.
  5. Stay Updated on News: Follow crypto news to know about any problems with your exchange. Look out for signs like withdrawal delays or site issues. This helps you act fast if trouble starts.
  6. Use a VPN: Hide your location with a VPN when using the exchange. It keeps your internet activity private and protects you from local restrictions. Make sure to pick a reliable VPN service.
  7. Know Your Local Laws: Check if using no-KYC exchanges is legal where you live. Some countries have strict rules, and breaking them could cause problems. Stay informed to avoid legal risks.

Conclusion

In a nutshell, the best non-KYC crypto exchanges offer an opportunity for traders and investors who value privacy and want to avoid the complexities of ID verification. These platforms provide a straightforward way to buy and trade digital assets, catering to those who prefer to keep their financial activities private.

However, it’s essential to consider the limitations associated with using non-KYC platforms. While the convenience and anonymity they offer are appealing, they may come with trade-offs like lower withdrawal limits, limited features, and regulatory challenges.

FAQs

What are the best non-KYC crypto trading platforms?

The best non-KYC crypto exchange platforms include MEXC, BingX, PrimeXBT, CoinEx, and Uniswap. These platforms allow you to trade cryptocurrencies without needing to go through identity verification. They are popular because they prioritize privacy and speed, letting you trade right after registration.

Are non-KYC crypto exchanges legal?

No-KYC crypto exchanges operate legally in many countries, but their legality can vary based on local crypto regulations. Some regions, such as the U.S. and the EU, require strict adherence to KYC and AML (Anti-Money Laundering) laws. This means that exchanges without KYC are likely to face government scrutiny, leading to restrictions or penalties.

Before using a non-KYC exchange, you should check the crypto regulations in your country to ensure compliance. Typically, government-issued identification documents are required for KYC compliance to verify customer identities and assess risks related to illegal activities.

Will the government crack down on non-KYC exchanges?

Yes. Governments have already begun cracking down on non-KYC crypto exchanges through enforcement actions and regulatory pressure. For instance, Binance, one of the world’s best crypto exchanges, faced regulatory scrutiny in several countries, including the U.S., UK, and Japan, for initially allowing users to trade without extensive KYC procedures. This led Binance to enforce stricter KYC rules in 2021 to comply with global regulations.

Another notable case is BitMEX, a crypto derivatives exchange that was charged by the U.S. Commodity Futures Trading Commission (CFTC) in 2020 for operating without proper KYC and AML procedures. BitMEX’s founders faced legal action, and the exchange paid a $100 million fine to settle the charges.

Is it safe to buy crypto without KYC verification?

Buying crypto without KYC verification can be safe if you use a reputable no-KYC exchange, but there are risks involved. These crypto apps that don’t require ID verification may attract bad actors, leading to potential security concerns. Plus, in the event of a dispute or loss, recovering funds might be more difficult.

What is the impact of Non-KYC Exchanges on Tax Reporting?

Non-KYC exchanges make it harder for governments to track cryptocurrency transactions, which can lead to underreporting or tax evasion by users. Since these platforms do not require personal identification, users can potentially hide their trading activities, making it difficult for tax authorities to enforce accurate reporting. However, this puts users at risk of future legal action if authorities discover unreported income or gains. Many countries, like the U.S., require crypto transactions to be reported, and failure to do so could result in penalties, audits, or even criminal charges.

Do I have to report my transactions on non-KYC Crypto Exchanges?

You are legally required to report your transactions from no-KYC crypto exchanges on your tax return. Even if the exchange doesn’t require identity verification, tax authorities classify crypto as taxable, meaning capital gains, losses, and income from crypto trading must be reported.

Failing to do so is considered tax evasion, which carries severe penalties, including hefty fines and potential jail time. Governments are increasingly improving their ability to track crypto transactions, especially with new reporting requirements like the 1099-DA form in the U.S. Additionally, using multiple wallets or decentralized exchanges doesn’t guarantee anonymity, as authorities are actively linking wallet addresses to real identities. Avoiding taxes may seem easy now, but sooner or later, tax agencies will catch up.

Can I buy Bitcoin without KYC?

Yes, you can buy Bitcoin anonymously on certain platforms that do not require KYC, like peer-to-peer (P2P) exchanges or specific no-KYC cryptocurrency exchanges. Some methods, like using Bitcoin ATMs or buying from private sellers, also allow for anonymous purchases.

Is Binance a non-KYC exchange?

No, Binance does not allow trading without ID verification. It is mandatory to perform KYC on the exchange. Binance has implemented KYC procedures to comply with global regulations and to enhance the security and safety of its platform.

Does Coinbase require KYC?

Yes, Coinbase requires KYC for all its users. To create an account and start trading on Coinbase, you must verify your identity by providing personal information and documentation. This process is in place to comply with regulatory requirements in the United States and to ensure the security of its platform.

Which crypto wallets don’t require KYC?

Wallets like MetaMask, Trust Wallet, Ledger, Trezor, and Electrum allow you to store and manage your crypto without needing to provide personal identification. Non-custodial wallets do not require KYC because they do not manage your funds or handle transactions. These wallets give you full control over your private keys and funds, ensuring privacy.

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Decoding 15 Most Expensive NFTs Ever Sold [2025 Updated] https://nftevening.com/most-expensive-nft/?utm_source=rss&utm_medium=rss&utm_campaign=most-expensive-nft Mon, 08 Jul 2024 09:38:49 +0000 https://nftevening.com/?p=54110 This guide will look at the top 15 most expensive NFTs ever sold. These sales show how valuable and important NFTs have become in the digital world. Each NFT has

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This guide will look at the top 15 most expensive NFTs ever sold. These sales show how valuable and important NFTs have become in the digital world. Each NFT has a special story and creator behind it, making them interesting and valuable to collectors.

NFTs, or non-fungible tokens, have changed the world of art and digital collectibles. People now buy and sell digital items for huge sums of money. NFTs are unique digital assets that can be anything from art to music to videos. There are millions of NFTs available today, with some selling for millions of dollars. 

Beeple's Everydays NFT featuring 5,000 images

Everydays: The First 5000 Days by Beeple. Credit: Beeple via Christie’s

Top incredible secrets about the most expensive NFT collections:

  1. The Merge by Pak is the highest-selling NFT in the world, sold for $91.8 million on December 2, 2021, and involves a unique sale method where buyers purchased “masses” to form larger pieces.
  2. The other expensive NFTs sold include Everydays the First 5000 Days by Beeple, Clock, HUMAN ONE, and CryptoPunk #5822.
  3. The most expensive NFT collections based on total sales volume are Axie Infinity with $4.27 billion and Bored Ape Yacht Club (BAYC) with $3.16 billion in total sales.

Top 15 Most Expensive NFTs Ever Sold

As more and more artists, celebrities, and brands drop their NFTs, let’s take a look at some of the most expensive NFTs ever sold. 

1. The Merge by Pak – $91.8 million

The Merge by Pak is the most expensive NFT ever sold in history. On December 2, 2021, Pak, acclaimed anonymous NFT artist, created history by selling his artwork for a whopping $91.8 million. Actually, unlike most of the highest value NFTs, The Merge is not owned by a single collector. As a matter of fact, 28,893 collectors bought 312,686 masses (or units) of the Merge artwork. And each unit cost $575.

The reason for its price

The Merge is unique in its concept and sale method. Instead of being a single piece, it is a collection of “masses” that buyers could purchase. The more masses someone bought, the larger their piece of “The Merge” became. This innovative approach led to a total of 28,983 collectors buying 312,686 units of mass. The final price reflects the combined value of all these units.

Still, some may argue about its price tag of the “most expensive NFT” because it all depends on whether “The Merge” counts as one big artwork or multiple combined artworks. 

Pak, an artist who chooses to remain anonymous, has been a prominent figure in the digital art and cryptocurrency media for over two decades. His most recognized accomplishment is the creation of “Archillect”, an artificial intelligence program designed to curate and share visually stimulating content.  

Earlier in 2022, Sotheby’s, a renowned auction house, partnered with Nifty Gateway, to sell Pak’s other NFT collection “The Fungible Collection”. This collection, also offered in an open edition format, garnered a remarkable US$16.8 million.

The Merge NFTs featuring a white dot in a black background

The Merge NFTs on Nifty Gateway. Credit: Nifty Gateway

2. Everydays: The First 5000 Days by Beeple – $69 million

About Everydays: The two-ranked masterpiece in the top expensive NFTs

Digital artist Michael Winkelmann, aka Beeple, had long held the record for the most expensive NFT. His artwork, Everydays: The First 5000 Days was auctioned at Christie’s for $69 million in March 2021. Interestingly, the initial bid was just $100. However, due to Beeple’s popularity in the crypto and art space, the bids skyrocketed in no time.

Everyday, the First 5000 Days is a collage of 5,000 individual pieces of art created by digital artist Mike Winkelmann, known as Beeple. This NFT sold for $69.3 million at a Christie’s auction on March 11, 2021.

Why does 5000 Days become the one of most expensive NFTs?

Beeple created one piece of digital art every day for 5,000 days, starting in May 2007, and compiled them into this massive, intricate collage. 

Vignesh Sundaresan, a programmer residing in Singapore and a crypto-currency investor, acquired “Everydays”.  Sundaresan, also known online by his pseudonym MetaKovan, is the founder of the “Metapurse NFT project”. The purchase was facilitated through cryptocurrency, with Sundaresan utilizing 42,329 Ether (ETH) to secure the artwork.

The First 5000 Days is a reflection of Beeple’s journey as an artist and his ability to adapt to changing trends in digital art. The sale of this NFT marked a significant moment in the history of digital art, highlighting the growing acceptance and value of NFTs in the art world.

3. Clock – $52.7 million

From political meaning to the top expensive NFTs in the world

Clock was created by Pak in collaboration with WikiLeaks founder, Julian Assange. The crypto art features a timer counting the number of days Assange has been imprisoned. Every day, the timer updates itself to reflect how long Assange has been in prison. Eventually, in February 2022, AssangeDAO, consisting of over 10,000 Assange supporters, bought the NFT for $52.7 million

The Clock NFT by artist Pak

The Clock updates daily. Credit: Pak

Uniqueness and sympathy created the most expensive ranking

This NFT serves as a dynamic artwork that counts the number of days Assange has been imprisoned. The Julian Assange Defense Organization (AssangeDAO), a collective exceeding 100,000 members united by the declared objective of securing Julian Assange’s liberation, ultimately acquired the NFT for 16,593 ETH.

The proceeds from the sale were used to support Assange’s legal defense. Clock is not just an art piece but also a political statement, emphasizing the intersection of digital art, activism, and the power of NFTs to support causes. Pak’s collaboration with Assange underscores the potential of NFTs to transcend traditional art forms and become tools for social and political change.

4. Human One – $29 million

Human One but numerous

It sure seems like Beeple and Pak are battling for top spots on the list of highest sold NFTs! Fourth on the list is Human One, a stunning kinetic video sculpture that combines both physical and digital technology. In his own words, Beeple called the piece, “the first portrait of a human born in the metaverse.”

The over 7-foot-high sculpture features a person clad in silver garb and what looks like a space helmet. A dystopian setting of changing landscapes, projected on four walls, forms its background. Christie’s auctioned the NFT for nearly $29 million in November 2021.

Exclusive benefit from artist of the most expensive NFTs: Forever-changed

The physical sculpture for HUMAN ONE is an always-on kinetic 16K video sculpture that changes over 24 hours according to the time of day. The video will also change over time as the story unfolds. The sculpture measures 87 inches by 40 inches by 40 inches. It features a 16K resolution display encased in polished aluminum with a mahogany wood frame.

This NFT represents Beeple’s vision of the future and the merging of the physical and digital worlds. HUMAN ONE is constantly evolving, as Beeple has remote access to update the artwork, making it a living piece of art that changes over time.

Beeple’s Human One NFT is one of the highest sold NFTs featuring a person wlking

Beeple’s Human One NFT fetched $29 million. Credit: Christie’s

5. CryptoPunk #5822 – $23 million

Behind the scene of the most expensive collections: Always as amazing as the first

As one of the first-ever NFT projects in existence, several CryptoPunks have sold for jaw-dropping prices. Of this, CryptoPunk #5822 takes the top spot. It features a blue-skinned Alien, one of the only nine Alien Punks ever made. Deepak.eth, the CEO of blockchain-based technology company Chain, bought this rare NFT for around $23 million in February this year. 

Founded by software company, Larva Labs, CryptoPunks is a collection of 10,000 uniquely generated avatars. These were launched in 2017 on the Ethereum blockchain and were free for anyone with an ETH wallet to claim. Today, however, they are one of the most iconic and highly sought-after NFT projects in the market. 

The timely revolution is the secret weapon

CryptoPunk #5822 is particularly rare because it is one of only nine alien punks in the collection. The CryptoPunks project, launched in 2017, is considered one of the earliest and most influential NFT projects, setting the stage for the explosion of NFTs in the art and digital collectibles markets.There are many other high-selling NFTs in the CryptoPunks collection including (source):
#7804 — US$16.42M, 20 March 2024

#3100 — US$16.03M, 04 March 2024

#635 — US$12.41M, 25 April 2024

#2924 — US$4.45M, 28 Sep 2022

CryptoPunk-5822 with blue bandana

CryptoPunk #5822 is the most expensive CryptoPunk NFT. Credit: Larva Labs

6. CryptoPunk #7523 – $11.75 million

Another alien CryptoPunk is the sixth most expensive NFT ever sold. Auction house Sotheby’s auctioned CryptoPunk #7523 in June 2021 as part of its iconic digital auction, Natively Digital: A Curated NFT Sale. It fetched $11.75 million—the highest for any CryptoPunk at the time. 

As the only Alien Punk with a medical mask, it is one of the rarest CryptoPunks in existence. It also features a rare knitted cap and an earring. 

Cryptopunk #7523 with a mask

Cryptopunk #7523

7. TPunk #3442 – $10.5 million

Next on the list is TPunk #3442, which Tron CEO, Justin Sun bought for 120 million TRX or about $10.5 million (at the time) in August 2021. The NFT in question is popularly known as “Joker” due to its resemblance to the Batman villain. It is a part of the Tpunks collection, a CryptoPunk derivative project with 10,000 NFTs.

Originally, these copycat NFTs cost 1,000 TRX or $123 each to mint. However, Sun’s purchase shot up the value of TPunks, with many collectors rushing to buy the NFTs. Indeed, TPunk #3442 was the most expensive NFT sold on the Tron blockchain.

TPunk #3442  featuring a joker pixelated avatar

Justin Sun bought TPunk #3442 for a whopping $10.5 million.

8. CryptoPunk #4156 -$10.26 million

Well, the CryptoPunks have done it again! CryptoPunk #4156 is the eighth highest sold NFT. Unlike the CryptoPunks above, #4156 is an Ape type—that too, one of the only 24. Because of its rarity, this CryptoPunk has been sold several times, fetching $10.26 million in its last sale in December. Actually, just 10 months before that, it sold for $1.25 million!

Additionally, the Punk spots a Bandana, an attribute only 5% of the collection has. Besides, it only features one attribute, another rare trait only 2% of the collection enjoys. Currently, its owner has not listed the punk for sale.

Ape CryptoPunk NFT with a blue bandana

CryptoPunk #4156 fetched $10.26 million. Credit: Larva Labs

9. CryptoPunk #5577 – $7.7 million

In February 2022, another ape type CryptoPunk made it to the highest sold NFTs list. CryptoPunk #5577 sold for a whopping $7.7 million, making it the fourth most expensive CryptoPunk in the market. Many believe that Robert Leshner, the founder of Compound DeFi protocol, bought the NFT.

CryptoPunk #5577 of an ape with brown cowboy hat

CryptoPunk #5577. Credit: OpenSea

The rare NFT has a single attribute, which in itself is rare as only 2% of Punks have this. Besides, it adorns a Cowboy Hat, a trait shared by 1% of Punks.

10. CryptoPunk #3100 $7.67 million

The title of the fifth most expensive CryptoPunk NFT goes to CryptoPunk #3100. Another Alien Punk, it sold for $7.67 million about a year ago. Actually, that was the first time this particular Punk was listed for sale since it was minted in 2017. As a rare Alien Punk, it was quickly sold for a hefty sum. To its credit, it also features a rare headband (only 406 Punks have this) and a single attribute. 

Alien Punk CryptoPunk #3100

CryptoPunk #3100 is another Alien Punk. Credit: Larva Labs

11. CryptoPunk #7804 – $7.57 million

CryptoPunk #7804 is again a rare Alien Punk, sold for $7.57 million. Actually, it sold just a day before #3100 and was the most expensive Punk at the time. However, unlike the other Alien Punks on this list, #7804 spots a number of attributes.

Firstly, it is the only Alien Punk with a Pipe. A Pipe in itself is a rare attribute, as only 317 Punks have it. Similarly, CryptoPunk #7804 features a Cap Forward, which only 254 punks have. Lastly, it also has a Small Shade. As another rare trait, only 378 punks have this. Thus, with all these features, #7804 is an incredibly valuable NFT to hold.

CryptoPunk #7804 with a pipe

12. ‘Right Click And Save As Guy’ by XCOPY – $7 million

Top selling crypto artist, XCOPY needs no introduction. He is famous for his dystopian and death-themed artworks. The anonymous artist sold his “Right-click and Save As Guy” NFT artwork for a staggering $7 million. The NFT was purchased by none other than Cozomo de’ Medici, one of the most acclaimed collectors in the NFT space.

An artwork in bright shades of green and purple of a person in pink glasses

Right Click And Save As Guy by XCOPY. Credit: XCOPY via SuperRare

The NFT piece in itself is an iconic artwork in the industry. He named it ‘Right Click And Save As Guy’ as a joke given how several people believe that NFTs can be easily right-clicked and downloaded. Created on December 6, 2018, the piece was first sold for 1 ETH or about $90 at the time.

13. Costliest NFT: Ringers #109 by Dmitri Cherniak

Created by Canadian artist and coder, Dmitri Cherniak, Ringers is one of the most expensive NFT collections on the Art Blocks platform. The collection includes 1,000 generative art NFTs made up of “strings and pegs”. Currently, even the least expensive Ringer will cost you about $88,000.

Ringers 109 NFT with black and white pegs

Ringers #109 by Dmitri Cherniak. Credit: OpenSea

Within the collection, Ringers #109 holds the record for the highest sold NFT. Moreover, it is the most expensive NFT on the Art Blocks platform, after it sold for $6.93 million last year.

14. CryptoPunk #8857 – $6.63 million

Another CryptoPunk! CryptoPunk #8857 is one of the most expensive NFTs ever sold, going for a whopping $6.63 million in an auction on OpenSea. What makes it special is that it’s one of the 88 Zombie Punks, with crazy hair and cool 3D glasses. Obviously, CryptoPunks are really popular, and this one made it to the 14th spot on the list of most expensive NFTs. It shows just how valuable and sought-after these digital collectibles can be!

CryptoPunk #8857

CryptoPunk #8857. Image Credit: OpenSea

15. Crossroad by Beeple – $6.6 million

Meaningful is all with this most expensive NFT!

When Beeple’s Crossroad sold for $6.6 million on Nifty Gateway in February 2021, it was the highest any NFT had sold for at the time. Besides, with NFTs not yet mainstream, such expensive sales were uncommon. However, by this time, Beeple had already become quite famous in the art space. Indeed, just two months before, he sold a series of NFTs for $3.5 million. This was just the beginning of bigger things to come.

Created in response to the 2020 US presidential election, Crossroads is a 10-second video with two outcomes. If Donald Trump won, it would show a victorious Trump. However, if he lost—which he did—the artwork would play a dispirited Trump. 

Crossroad by Beeple featuring Donald Trump

Crossroad by Beeple. Credit: Beeple via Nifty Gateway

Thus, the final piece shows a fallen, naked person (symbolic of Trump) lying on the streets as others pass by. Insults are also written all over the person’s body. Interestingly, the NFT sold before the election. 

While this list talks about only fifteen of the most expensive NFTs ever sold, several others have sold for millions of dollars. Many of these include CryptoPunks and Beeple’s other artworks. Others are ‘All Time High in the City’ by XCOPY, Edward Snowden’s Stay Free, and Bored Ape #8817, to name a few. In the coming months, we can expect more NFTs to break the current records. 

Conclusion

The world of digital art has seen astonishing NFT sales, with artists like Pak and Beeple leading the charge in creating highly valuable digital artwork. The Merge, The First 5000 Days, Clock, HUMAN ONE, and CryptoPunk #5822 represent the pinnacle of this new form of art and are the most expensive NFT sales in this digital collectibles world.

Each piece has its unique story, creator, and significance, reflecting the diverse and dynamic nature of the NFT space. As the digital asset market continues to evolve and AI enters, you will see many generative NFT art collections, but the above expensive artworks serve as milestones for the future of NFTs.

FAQs

What is the highest-selling NFT Collection?

According to CryptoSlam, the Axie Infinity NFT collection is the highest-selling collection to date, collecting a total of US$4.27 billion in sales. It is followed by the Bored Ape Yacht Club (BAYC) collection, with a total of US$3.16 billion in sales.

What is the most expensive NFT?

The most expensive NFT art ever sold is “The Merge” by Pak, which fetched $91.8 million on Nifty Gateway, one of the best NFT marketplaces. This innovative piece was sold in December 2021 and involved multiple collectors buying different units of the artwork.

What kind of NFT sells best?

The most successful NFTs typically have unique, innovative qualities and are created by well-known artists. Collections like CryptoPunks, works by Beeple, and other pieces that offer something unique or culturally significant tend to sell well. NFTs that integrate real-world impact or utility also attract high value.

Are NFTs still profitable?

Yes, NFTs can still be profitable, but success depends on various factors. The NFT market has seen rapid growth, with some pieces selling for millions of dollars. However, it’s also highly volatile, and not every NFT will yield a profit. Factors like the reputation of the artist, the uniqueness of the NFT, and NFT market trends play crucial roles.

The post Decoding 15 Most Expensive NFTs Ever Sold [2025 Updated] appeared first on NFT Evening.

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Ultimate Guide to EV.IO: The Play-to-Earn FPS Revolution https://nftevening.com/ultimate-guide-to-ev-io-the-play-to-earn-fps-revolution/?utm_source=rss&utm_medium=rss&utm_campaign=ultimate-guide-to-ev-io-the-play-to-earn-fps-revolution Fri, 08 Dec 2023 07:48:22 +0000 https://nftevening.com/?p=126483 In the rapidly evolving landscape of online gaming, EV.IO emerges as a game-changer. This first-person shooter (FPS), built on the cutting-edge Solana blockchain technology, is not just redefining the genre

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In the rapidly evolving landscape of online gaming, EV.IO emerges as a game-changer. This first-person shooter (FPS), built on the cutting-edge Solana blockchain technology, is not just redefining the genre but also reshaping the way players engage with online games. By integrating play-to-earn mechanics, EV.IO offers more than just an adrenaline-pumping experience – it offers a new avenue for gamers to earn real-world value through their skills and strategies.

This guide is an exhaustive exploration of EV.IO. It dives into every facet of the game to offer a comprehensive understanding of its mechanics, opportunities, and community.

official poster for EV.IO game on Solana

What Is EV.IO

EV.IO is a groundbreaking FPS game that pioneers the play-to-earn model in the blockchain space. Accessible through a web browser, it uniquely melds the thrill of traditional FPS games with the revolutionary concept of blockchain technology. This fusion results in a futuristic gaming experience that is both engaging and rewarding.

Three factors set EV.IO apart in the crowded blockchain gaming arena. These are, its accessibility, dynamic gameplay, and the intriguing promise of earning through gameplay. This game is setting a new precedent in the industry, attracting a diverse range of players from seasoned FPS enthusiasts to newcomers intrigued by the blockchain gaming concept.

The Genesis of EV.IO

EV.IO’s inception is a story of innovation and foresight. Recognizing the potential of blockchain in transforming the gaming industry, the developers set out to create a game that would not only captivate players with its gameplay but also empower them through blockchain-driven earning potential.

This vision materialized in the form of EV.IO. This is a refined game that stands at the intersection of traditional gaming excitement and the futuristic appeal of blockchain.

Who Developed EV.IO

The brainchild behind EV.IO is Enthusiast Gaming, a name that resonates in the gaming industry for its commitment to creating immersive and accessible gaming experiences. Their prowess in game development shines through in EV.IO. The game boasts seamless integration of complex blockchain elements into a fluid and intuitive FPS gameplay.

The game exemplifies Enthusiast Gaming’s dedication to inclusivity and innovation. This makes it a game that appeals to a wide spectrum of gamers – from the hardcore FPS players to those venturing into gaming for the first time.

Enthusiast Gaming’s Vision

Enthusiast Gaming’s approach to EV.IO was driven by a vision to democratize gaming through blockchain. By leveraging their expertise in game development, they aimed to create a platform where gaming proficiency is rewarded in the real world. This vision is rooted in the belief that gaming should be more than just entertainment. It should also be a rewarding experience in every sense of the word.

How Does EV.IO Work

EV.IO stands out with its user-friendly, browser-based interface, removing barriers to entry such as downloads or installations. Operating on the Solana blockchain, it pioneers a play-to-earn model that is as lucrative as it is innovative.

The game’s design also prioritizes accessibility. This further allows players on all desktop devices to easily jump into action-packed matches. This ease of access is one of the game’s most lauded features. This also adds to making it an attractive option for gamers seeking an immediate and enriching gaming experience.

Key Features of EV.IO

  • Web Browser Accessibility: EV.IO’s browser-based platform ensures that anyone with an internet connection can dive into the game without the hassle of downloads or installations. This accessibility is a cornerstone of EV.IO’s design philosophy, making it a game for everyone.
  • Blockchain Integration: Built on the robust Solana blockchain, EV.IO is at the forefront of the play-to-earn revolution. This integration is not just a gimmick but a fundamental aspect of the game’s design, offering a seamless blend of gaming and earning.
  • Game Modes Galore: EV.IO caters to a wide range of preferences with its diverse game modes. Whether you’re a lone wolf or a team player, the game has a mode that will suit your style. The inclusion of clan representation adds another layer of depth, fostering a sense of community and teamwork.
  • The Clan System: The clan system in EV.IO goes beyond mere grouping of players. It’s a structured framework that encourages cooperation, competition, and a collective pursuit of rewards. Clans compete for points, climb leaderboards, and reap the benefits of their joint efforts, adding a strategic layer to the game.
  • E Token Rewards: At the heart of EV.IO’s play-to-earn model are the E tokens. These tokens are more than just in-game currency; they are a bridge to real-world value. Earned through gameplay achievements, these tokens can be converted to SOL, providing tangible rewards for gaming prowess.

EV.IO Gameplay & Strategies

EV.IO’s gameplay is a finely-tuned balance of traditional FPS elements and innovative blockchain features. It offers an arsenal of weapons and abilities that cater to a variety of playstyles, along with unique movement mechanics that add a strategic dimension to the gameplay. The inclusion of NFTs as part of the game’s economy enhances the visual appeal and also ties into the play-to-earn aspect. This offers players a chance to earn through their in-game achievements and strategies.

Weapons and Abilities

The armory in EV.IO is a testament to the game’s commitment to diversity and player choice. From hand rifles to laser rifles, each weapon category in the game boasts distinct characteristics, such as damage output and fire rate. This variety allows players to tailor their loadouts to match their preferred playstyle. The strategic deployment of various grenades and traps adds another layer of depth, encouraging players to think tactically about their approach to combat.

Unique Movement Mechanics

EV.IO sets itself apart with its innovative movement mechanics. The teleportation ability and the triple jump feature are more than just mobility tools. They are game-changers that redefine how players navigate the battlefield. These abilities enable players to quickly move across the map, escape from precarious situations, or launch surprise attacks, offering a dynamic and fluid combat experience.

Earning Skins and NFTs

NFTs are at the core of EV.IO’s play-to-earn model. These digital assets, which players can acquire in the form of skins and weapons, do more than just personalize the gaming experience. They are integral to the game’s economy. These assets provide opportunities for players to earn rewards based on their in-game achievements. The rarity and power level of these NFTs directly influence the rewards earned, adding a layer of strategy to their acquisition and use.

Frequently Asked Questions

How Does EV.IO Make Money?

EV.IO’s revenue model is multifaceted, encompassing NFT sales and advertising partnerships. The game’s NFT sales are not merely a source of income; they are reinvested into the development and enhancement of the game. This ensures continuous improvement and growth over time. The advertising partnerships, on the other hand, provide a steady stream of revenue, supporting the game’s long-term sustainability.

What Crypto Does EV.IO Use?

At the heart of EV.IO’s economy is the Solana (SOL) cryptocurrency. The game’s in-game earnings, denominated in E tokens, are convertible to SOL at a predetermined rate. This integration of cryptocurrency adds a real-world dimension to the game’s economy, making the earnings not just virtual numbers but assets with tangible value.

How Much Can You Earn with EV.IO?

The earning potential in EV.IO is directly tied to player performance and NFT ownership. The game rewards players with E tokens for their kills and achievements in various challenges and objectives.

These earnings can vary greatly, depending on the player’s skill level and the NFTs they own. The play-to-earn model in EV.IO is designed to be both rewarding and fair. This in turn offers players a genuine opportunity to earn based on their gaming prowess.

Does EV.IO Have Bots?

While EV.IO primarily focuses on player-vs-player interactions, the presence of bots is a nuanced aspect of the game. The use of bots, if any, is likely minimal and designed to enhance the overall gaming experience rather than detract from it. The game’s emphasis on player skill and strategy suggests that any bot involvement is carefully calibrated to maintain the integrity and competitiveness of the gameplay.

How Popular Is EV.IO?

EV.IO’s popularity has been on a meteoric rise, thanks in part to its innovative play-to-earn model and engaging gameplay. The game has garnered a significant following on social media platforms like Twitter and Discord. This indicates a robust and active community. This popularity is not just a testament to the game’s quality but also to the growing interest in blockchain gaming as a whole. EV.IO’s community is diverse, encompassing hardcore gamers, blockchain enthusiasts, and newcomers to both worlds.

Conclusion

EV.IO stands as a beacon of innovation in the gaming world. The game seamlessly blends the excitement of FPS gameplay with the transformative potential of blockchain technology. Its accessible nature, combined with the opportunity for real-world earnings, positions it as a standout title in the gaming landscape.

Whether you are a veteran FPS gamer or new to the world of blockchain gaming, EV.IO offers an experience that is both engaging and potentially rewarding. With its dynamic gameplay, strategic depth, and vibrant community, EV.IO is not just a game – it’s also a glimpse into the future of gaming.

The post Ultimate Guide to EV.IO: The Play-to-Earn FPS Revolution appeared first on NFT Evening.

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Gods Unchained: All You Need To Know https://nftevening.com/gods-unchained-the-ultimate-guide/?utm_source=rss&utm_medium=rss&utm_campaign=gods-unchained-the-ultimate-guide Mon, 09 Oct 2023 14:33:51 +0000 https://nftevening.com/?p=125445 Gods Unchained emerges as the epitome of the next generation in NFT trading card gameplay, seamlessly blending the allure of mythical gods and their diverse attributes through a collection of

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Gods Unchained emerges as the epitome of the next generation in NFT trading card gameplay, seamlessly blending the allure of mythical gods and their diverse attributes through a collection of over 1,500 distinctive cards. The fervor traditionally confined to schoolyard TCG sessions and niche gatherings has now transcended borders, courtesy of the revolutionary realm of blockchain gaming.

Positioned as a “play-to-earn” NFT trading card game on the Ethereum blockchain, it is the brainchild of a team led by Nick Clay, the former director of Magic The Gathering Arena. Mirroring the familiar playstyle and presentation of Hearthstone, Gods Unchained challenges players to construct optimal decks and engage in strategic battles.

What sets this game apart is the incorporation of NFT features within the cards, making them not just elements of gameplay but valuable assets tradable on the Immutable X Marketplace. Each card, with its unique characteristics, introduces a groundbreaking dimension to in-game collectibles, redefining the landscape of digital card gaming.

In this article, we will be addressing inquiries spanning from novice curiosities such as ‘Is Gods Unchained a crypto game?’ or ‘Can you still make money playing Gods Unchained?’ to inquiries from seasoned blockchain gamers pondering ‘Is Gods Unchained still worth it?’

So get your gaming gear and munchies ready, let’s learn all about Gods Unchained!

What is Gods Unchained?

Developed by Immutable, Gods Unchained is a dynamic digital trading card game melding fast-paced gameplay and strategic deck building. You may be wondering, who owns Gods Unchained? Immutable owns Gods Unchained alongside other superhit games. In this game, players align with one of six gods, crafting 30-card decks for tactical, card-based combat to outwit opponents. In the fantasy realm of Eucos, they confront epic battles, navigating the capricious domain gods’ conflicting desires.

The GU blockchain-based game, valiant mortals wield potent magic against titans who’ve corrupted the world and enslaved humanity. Immutable, an Australian-based studio, not only spearheads Gods Unchained but ventures into various gaming and blockchain projects, including an NFT marketplace, metaverse gaming platform, and decentralized gaming platform.

With a vibrant gaming experience, diverse card collection, and frequent updates, Gods Unchained promises players an enduring adventure in its dynamic, ever-evolving world.

Gods Unchained 2023 Rebrand

Gods Unchained web3 game logo rebranded in 2023

Gods Unchained embarked on a transformative rebrand this year, aligning with Epic Games Store to reach over 230 million PC users. This strategic move aims to position the game alongside renowned digital Trading Card Games (TCG), signaling a major leap into mainstream gaming. The rebrand, symbolized by a modernized logo, emphasizes community spirit while targeting mid-hardcore TCG and strategy gamers.

The new brand promise, ‘Own Your Journey,’ signifies a shift toward redefining ownership, especially for non Web3 gamers. This evolution celebrates the community’s contribution and welcomes newcomers to explore the unique offerings of Web3 gaming. The refreshed brand ensures easy recognition across various platforms, reflecting Gods Unchained’s commitment to cutting through traditional TCG boundaries.

Is Gods Unchained a Crypto Game?

Absolutely, Gods Unchained is indeed a crypto game. It operates on the Ethereum blockchain, leveraging the power of NFTs for a unique gaming experience. Wondering about the legality of crypto games? Well, the answer is yes, crypto games like Gods Unchained are legal and increasingly gaining popularity.

You may ask “Is Gods Unchained On Ethereum?”, the answer is yes!  But, while Gods Unchained is on Ethereum, it’s not directly on Coinbase. Even though Coinbase is an official backer of the game. However, you can usually purchase Ethereum on Coinbase and then use it to engage in the thrilling blockchain-based battles of Gods Unchained.

It’s like taking your digital trading card game adventures on a crypto journey!

How to Play Gods Unchained

gameplay footage of the web3 game Gods Unchained

Embarking on Gods Unchained is a seamless journey. Create an account on the official website, then download the game. The tutorial mode offers a generous 85 free cards, making it refreshingly free for all players. Newcomers can explore Gods through starter decks before making any investments.

Players can familiarize themselves with Gods and their powers. Like Hearthstone, Gods Unchained features 30-card decks with unique powers. Choose one of six Gods—War, Death, Deception, Magic, Light, or the Nature God—each offering three unique powers. The goal is to reduce the opponent’s starting life from 30 to zero.

Gods unlock “God-specific” cards, following thematic attributes. The game uses a mana system, granting an extra mana each turn. Favor, earned through quests, adds depth, providing extra cards. Gods Unchained, as a Free-2-Play NFT game, allows gradual entry into the blockchain, building collections through victories, packs, and trades. Higher ranks bring increased rewards, expanding card bases.

Starting with the tutorial, players choose a God and 30 cards for their initial deck, considering unique abilities. This thoughtful approach sets the stage for an engaging journey through Gods Unchained’s dynamic and strategic realms.

Choosing Gods & Their Powers

At the heart of Gods Unchained lies the pivotal decision of aligning with one of six gods — War, Death, Deception, Magic, Light, or Nature. Each god offers a distinct set of cards, strengths, and weaknesses, influencing strategic choices in gameplay. To further personalize the experience, players must select one of three unique god powers at the game’s outset, bestowing special abilities that can alter the course of a match without tipping the balance.

Upon embarking on this mythic quest, players confront an additional layer of decision-making. They must opt for one of three exclusive god powers, each bestowing special abilities that become integral throughout the gameplay. These powers wield significant influence, capable of shifting the balance, granting formidable advantages, or orchestrating surprise maneuvers against adversaries.

Notably, the developers have crafted these powers to be potent yet harmoniously integrated, ensuring a gameplay experience that is not only dynamic but also equitable. This deliberate design choice aims to preserve a fair and balanced environment, allowing players to revel in the strategic depth of Gods Unchained without compromising the integrity of the game.

Creating Card Decks

Players dive into strategic deck-building, curating a formidable arsenal of up to 30 cards, each boasting unique abilities, stats, and artwork. The diversity of cards also allows for varied playstyles. Players may favor devastating spells, powerful creatures, or play with a balanced mix.

As players embark on their journey, thoughtful consideration of the mana curve, ensuring a balance between low and high-cost cards, becomes crucial for success in the evolving game dynamics.

Playing Gods Unchained

The gameplay unfolds in a dynamic exchange where players engage in a test of skill and strategy. The objective: reduce the opponent’s health from an initial 30 to zero, emerging victorious. The fast-paced action involves playing cards, making strategic moves, and leveraging the god’s powers. The tactical use of mana, acquired each turn, also adds an extra layer of complexity.

Gods Unchained introduces the concept of Favor, enabling players to undertake in-game quests for points to unlock additional cards. This Free-2-Play NFT game also provides a seamless entry into the blockchain world, allowing players to gradually embrace it by earning packs and expanding their card collection through ranked victories.

As players progress, they’re rewarded with various resources, enhancing the overall gaming experience and reinforcing their journey through the captivating realm of Gods Unchained.

Game Modes in Gods Unchained

Ranked Matches

In the realm of Gods Unchained, the focal point is the Ranked Matches. This is the primary game mode that  fosters competitive gameplay among players of comparable skill levels. Victorious encounters in this mode bring valuable rewards. These include experience points, stars, and even ranking points, serving as the stepping stones for ascending the hierarchical ladder of ranks.

The Weekend Ranked Event, a recurring spectacle, unfolds every weekend. This event generously rewards participants with valuable card packs from the game’s latest expansion sets. Daily play and earn constitutes the primary method for players to accumulate in-game currency. A system wherein they receive new decks each day, earn GODS by completing daily objectives, and amass rewards through victorious matches.

Solo Mode

Gods Unchained also introduces a Solo Mode, offering players a secluded arena to hone their skills by engaging in battles against an AI opponent. This mode serves as a training ground, providing a risk-free environment for players to experiment with new decks and refine strategic approaches without the constraints of affecting their ranking or jeopardizing potential rewards.

In this isolated realm, players can delve into the intricacies of gameplay, fine-tune their tactics, and master the nuances of card interactions, fostering a space for growth and development in preparation for more challenging encounters in the competitive landscape.

Direct Missions

In Gods Unchained, players have the exciting option of initiating Direct Missions, enabling them to challenge their friends to engaging bouts by creating unique invitation codes. This feature also facilitates a personalized and direct way to compete against specific opponents. It fosters a sense of friendly rivalry and strategic camaraderie within the gaming community.

The unique codes serve as virtual keys, unlocking doors to interactive and dynamic battles between players, adding a social dimension to the gameplay experience. This feature encourages a more personalized and social aspect to the gaming experience, allowing players to directly connect and share their strategic prowess with friends.

Tutorial Mission

Tutorial missions provide an essential initiation for new players, guiding them through game mechanics and offering card packs upon completion, a highly recommended avenue for building familiarity and expanding their card collection.

The Gods Unchained Card Deck

Deck Composition

Decks in Gods Unchained consist of exactly 30 cards assembled by players before each battle. Careful deck construction is critical, as the composition directly represents a player’s strategy and playstyle. Victory goes to those with thoughtfully optimized decks.

Individual cards list attack power, health points, and the mana cost required to play them. Players must juggle these attributes when deciding which cards to include.

Card Types

There are three main card types used in the game:

  • Creature Cards: These cards summon creatures that can attack the opponent’s creatures or god. Players are limited to having six creature cards on the board at one time.
  • Spell Cards: These cards cast unique spells with effects described in the text. Used spell cards are sent to the void pile.
  • Relic Cards: These cards provide supporting abilities or allow a player’s god to attack directly. Only one relic card can be active at once.

Deck Customization

While constructing competitive decks can be daunting for new players, Gods Unchained offers six pre-built starter decks to help them learn. The game also frequently releases new card sets grouped around specific themes or events. These provide additional options when modifying decks.

Cards are further classified based on quality and rarity:

  • Plain (gray border): Earned through gameplay. Can be forged into NFT shiny cards when duplicate copies are collected.
  • Shiny (meteorite, shadow, gold, diamond): Tradable NFT variant cards.

Strategic Depth

Gods Unchained thrives on unrivaled strategic depth using the power of NFTs. This is centralized around the game’s multifaceted card deck system. Success stems from the complex deck-building decisions players face when crafting optimized 30-card decks. Individual cards boast unique attack, health, and mana attributes that shape combat tactics. Card alignment with specific gods or as neutral adds further intricacy through domain synergies.

Regular new card releases keep the meta fluid, challenging players to adapt. With endless viable combinations across rarity tiers, tribes, and sets, meticulous deck construction remains integral. This also emphasizes deck-building as an engaging pillar of this strategic card battler.

What Crypto Does Gods Unchained Use?

In collaboration with Gods Unchained Corporation, the $GODS token, an ERC-20 native to the Gods Unchained universe, stands as a digital asset powerhouse. Users, referred to as mortals in the game, leverage $GODS to craft NFTs and acquire packs from the in-game marketplace.

Additional rewards are earned by holding tokens in Immutable X. Apart from acting as a vital component of the play-to-earn system within Gods Unchained, $GODS tokens wield influence in governance proposals, empowering players to shape the game’s destiny. And in case you missed the laws, yes, crypto games are legal!

Owners of $GODS tokens can amass rewards through diverse channels, reflecting the flexible nature of the token. Active staking further enhances the ecosystem, with token holders participating in governance initiatives earning rewards from the dedicated pool.

The $GODS token doesn’t just exist within the game; it extends to Ethereum layer 2, allowing mortals to use it for crafting NFTs and ensuring complete ownership of their digital assets. Notably, $GODS tokens also grant voting power. This enables the community to actively participate in the decision-making processes that drive the evolution of Gods Unchained.

This integration of in-game and on-chain experiences invites players to play a pivotal role in steering the course of the game’s future. It’s a shared journey, and the $GODS token is the key to scaling digital asset ownership within the immersive world of Gods Unchained.

Gods Unchained Favor & Flux Resources

In the divine pursuit of pleasing the NFT gods, Gods Unchained introduces the concept of favor, a resource that players accumulate to acquire potent cards from the sanctum, a celestial arena where gods oversee the unfolding battles. This dynamic resource resets at the commencement of each game, injecting an element of unpredictability and strategic depth into the gameplay, intensifying the overall excitement.

Additionally, the game embraces flux, a distinctive resource earned solely through victories in The Gauntlet of the Gods challenge, contingent on a player’s rank and accumulated games. Unlike favors, flux cannot be bought or sold, adding an exclusive dimension to its acquisition.

Both flux and $GODS tokens can be employed in the forging process, where duplicating core cards creates NFTs, tangible digital assets tradable across NFT marketplaces. This ingenious fusion of favor, flux, and forging not only enriches gameplay strategy but also positions Gods Unchained as a captivating play-to-earn NFT card game.

Gods Unchained Stars

Stars serve as an off-chain resource intricately linked to player accounts, representing a dynamic reward system in Gods Unchained. When players triumph in ranked games, they are bestowed with a “Star Vial,” a container brimming with a randomized quantity of stars. The allocation of stars follows a tiered structure, providing players with various Vials, each containing a distinct range of stars:

  • Nebula Vial: 40 to 60 stars
  • Giant Vial: 100 to 200 stars
  • Supergiant Vial: 200 to 300 stars
  • Supernova Vial: 400 to 600 stars
  • Galactic Vial: 1,000 to 1,200 stars
  • Universal Vial: 2,000 to 2,500 stars

Upon unveiling a vial, players might experience an elevation to the next tier, enhancing the thrill of the reward system. The versatility of stars extends beyond mere accumulation; players can trade these celestial entities for cards through the star store’s ever-evolving selection.

The star store features a rotating assortment of options, encompassing common to legendary cards, although it’s noteworthy that NFT cards are not part of this exchange system. This innovative approach to rewards underscores Gods Unchained’s distinction in the realm of blockchain-based gaming. It also transcends the boundaries of conventional online collectible card games.

How Much Does Gods Unchained Cost?

Gods Unchained is remarkably free-to-play, offering an inclusive gaming experience without any initial cost. So yes, you absolutely can play Gods Unchained without investment! Unlike many NFT games, Gods Unchained breaks the trend by allowing players to delve into the game without financial commitments.

This accessibility empowers players to explore the captivating world of Gods Unchained at their own pace and preference, making it a unique and welcoming entry into the realm of blockchain gaming. This rarity in the NFT gaming landscape sets Gods Unchained apart, allowing players to test the waters, explore different strategies, and enjoy the thrill of strategic card battles without the pressure of financial obligations.

So while you CAN play Gods Unchained without investment, an even more immersive experience awaits when you add crypto to the equation.

Can you Make Money Playing Gods Unchained?

Earning in Gods Unchained is a multifaceted journey within this free-to-play realm, driven by the pivotal $GODS token. But you may be wondering “What is the most expensive card sold in Gods Unchained?“. Well, in June 2022, StrongHands, recognized as a Gods Unchained NFT whale, acquired the Mythic card “Citadel of the Gods” at a cost of 42 ETH, equivalent to $76,000 at the time. Players embark on this journey through various rewarding channels:

1. Play and Earn:

  • Primary Source: Daily play and engagement bring in-game currency (GODS).
  • Mechanism: Players receive new decks daily, and by completing objectives and winning matches, they accumulate GODS.

2. Weekend Ranked Event:

  • Frequency: Every weekend.
  • Rewards: Valuable card packs from the latest expansion sets.

3. Crafting NFTs:

  • Utilizing $GODS Tokens: Players engage with the forge feature, using $GODS tokens as fees.
  • Outcome: Crafting new NFTs for in-game use or sale on the marketplace.
  • Special Fusion: Fusion of identical plain cards creates a real-world valuable Meteorite card.

4. Staking Pools:

  • Ease of Earning: Among the simplest methods.
  • Reward Distribution: Staking rewards distributed to active stakers.
  • Funding Source: Staking pool consists of $GODS tokens from forging and marketplace activities.
  • Claiming Interval: Rewards claimable at a seven-day interval.

5. Governance and Voting:

  • Engagement: Users actively participate through voting.
  • Qualification: Active stakers are eligible for staking pool rewards.
  • Voting Privileges: $GODS token holders can vote on community proposals.
  • Proposal Submission: Players with a minimum token amount can submit proposals, subject to community voting.
  • Common Issues: Voting on allocation of token reserves, fund distribution, changes in token supply, and sponsorship/grant recipients.

Navigating this diverse landscape, players can truly immerse themselves in Gods Unchained. You can cash out Gods Unchained via multiple sources. These include earning rewards through active participation, strategic gameplay, and involvement in the community’s decision-making processes.

Do I need a Crypto Wallet to Play Gods Unchained?

Yes, to fully engage in Gods Unchained, you need a crypto wallet for your NFTs and tokens. The game operates on the Ethereum blockchain, leveraging the power of NFTs. You can purchase Ethereum on platforms like Coinbase and then use it to participate in the thrilling blockchain-based battles of Gods Unchained.

Having a crypto wallet is essential for securely storing and managing your in-game assets. This includes the $GODS tokens and NFTs you may acquire during gameplay.

The Future of Gods Unchained

In their commitment to transparency, Gods Unchained expresses a dedication to regular updates and weekly community engagement. The roadmap, shaped collaboratively with player input, signifies an unwavering commitment to evolving and innovating the gaming experience. A community-centric approach remains pivotal, shaping the game’s direction based on player feedback.

  1. Game Mode Experiments: Players can anticipate innovative game modes, including the much-anticipated ‘Sealed’ mode, bringing fresh challenges. The community’s patience is acknowledged, with detailed information on these experiments forthcoming.
  2. New Pack Opening Experience: The pack opening ritual undergoes transformation for a smoother and more engaging user experience. This aligns with the game’s mobile development, promising enhanced accessibility and content delivery.
  3. New Content Creator Program: A revamped program empowers content creators, providing creative freedom, exclusive collaborations, opportunities, and recognition. Launched as a pilot, it promises exciting iterations in the future.
  4. $GODS Staking Dashboard: The introduction of a comprehensive staking dashboard streamlines management for $GODS token holders, offering convenience and a platform for future enhancements.
  5. Mobile Soft Launch: Following a successful pre-alpha on Android, the game is playable on all mobile devices (Android and iOS) with a soft launch. The partnership with iLogos underscores the commitment to a seamless mobile gaming experience.
  6. Server Logic Re-write and More: Extensive backend upgrades, including server logic re-write, fortify infrastructure, enhance performance, and promise a seamless gaming experience. Quality of life improvements, rotating game modes, set rotations, and more details are in the pipeline.

The journey doesn’t end here, with more revelations about quality of life improvements, rotating game modes, set rotations, and other enhancements to be unveiled.

Gods Unchained Season 2 Launched on September 2023

Gods Unchained unveils its NFT expansion – Season Two, titled “Far Horizons,” introducing the following:

  • new God powers,
  • an expansion set,
  • uncharted lands, and
  • enticing lore.

With a partnership with Epic Games for wider distribution and the success of the sealed mode, Season Two elevates the gaming experience.

The roadmap for Season Two hints at unexplored continents, a new expansion set with a nautical theme, refreshed in-game portraits for all Gods, and reimagined God powers.

The Content Creator program receives a boost with exclusive rewards and early access. The team teases a new partnership aimed at reaching more mainstream gamers. This further makes Season Two an eagerly anticipated chapter for Gods Unchained players.

Is Gods Unchained Still Worth It?

Absolutely, Gods Unchained remains an exciting venture in 2023. The game has consistently evolved, introducing new features and maintaining engagement with its community. The commitment to transparency and regular updates, evident in the detailed roadmap, also ensures players have a dynamic and evolving experience.

With innovative game modes, a revamped pack opening experience, enhanced support for content creators, and a user-friendly $GODS staking dashboard, the game offers diverse avenues for enjoyment. The upcoming mobile soft launch expands accessibility, promising seamless gameplay on both Android and iOS. Season Two, “Far Horizons,” introduces fresh content, keeping the gaming experience vibrant and worth exploring.

Does Gods Unchained Have a Future?

Yes, Gods Unchained appears poised for a promising future in 2023 and beyond. Its strategic blend of blockchain technology, NFT integration, and dynamic gameplay, coupled with a commitment to updates and community engagement, positions it as a leading player in the evolving landscape of digital trading card games.

The post Gods Unchained: All You Need To Know appeared first on NFT Evening.

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Exploring the World of Splinterlands: An Insider’s Guide https://nftevening.com/exploring-the-world-of-splinterlands-an-insiders-guide/?utm_source=rss&utm_medium=rss&utm_campaign=exploring-the-world-of-splinterlands-an-insiders-guide Thu, 14 Sep 2023 12:11:51 +0000 https://nftevening.com/?p=125098 Gear up crypto gamers, Splinterlands summons you to a world of powerful magic cards and epic battles! Master powerful spells, trade rare cards, and outwit opponents in fast-paced duels. Earn

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Gear up crypto gamers, Splinterlands summons you to a world of powerful magic cards and epic battles! Master powerful spells, trade rare cards, and outwit opponents in fast-paced duels. Earn real rewards as you climb the ranks in this leading blockchain game.

Ready your deck and prepare for adventure – a gripping guide to Splinterlands awaits!

Splinterlands web3 game poster

 

What is Splinterlands?

As a pioneering blockchain trading card game, Splinterlands ingeniously fuses deck-building strategy with quick-fire battles. It stands apart as an NFT play-to-earn title, enabling players to profit from their gaming exploits.

Boasting the most active user base of any blockchain game in Q2 2022 according to DappRadar, Splinterlands clearly has wide appeal. Co-founded in 2018 by Matthew Rosen and Jesse Reich, the game empowers players to truly own their digital cards unlike traditional titles.

Though inspired by classics like Magic: The Gathering and Hearthstone, matches in Splinterlands unfold rapidly yet still demand shrewd tactics. NFT cards form the backbone of its play-to-earn mechanics, bringing true digital ownership to this innovative hybrid genre.

Roadmap

The Splinterlands roadmap outlines major features and updates planned for the popular blockchain trading card game.

  • Q1 2023:

    • DEC batteries to store excess earnings from battles
    • Season-long (3 month) card rentals on marketplace
    • Group card editions by set for easier browsing
    • SPS validator nodes live internally to test network governance
    • SPS delegation staking rewards
  • Q2 2023:

    • SPS delegation rental markets to earn yield
    • Pre-bundled card packs on marketplace
    • Replace CP requirements with SPS staking for ranked battles
    • SPS governance enabling player proposals and voting
    • SPS validator nodes on public testnet
  • Q3 2023:

    • Land gameplay phase 2 introducing buildings, resources, crafting
    • Rebellion card set with new mechanics
    • SPS validators running fully on mainnet, securing network
  • Future:

    • Alliance system for guilds
    • Interactive land maps with building visuals
    • Cosmetic skins to customize cards
    • Ruleset variations such as 2vs2 battles
    • Marketplace listings for bundled card packs

The Splinterlands Map

Splinterlands stands as a pillar of the blockchain gaming scene as one of its original success stories. After years of anticipation, the game’s highly-touted land dimension will finally become usable by players with the upcoming The Secret of Praetoria map expansion.

Land has proven a hot commodity in metaverse and web3 games, with Splinterlands’ claim token NFTs selling for staggering amounts despite mystery surrounding their utility. The expansion’s 150 player-owned regions containing resource-rich, variably rare plots promise to make ownership worthwhile.

With terrain types, buildings, resources, and more influencing value, Splinterlands’ land marks a complex expansion beyond its autobattler roots. Long-awaited, this foundationally important addition aims to propel Splinterlands back to prominence in web3 gaming.

Players can also look forward to engaging gameplay possibilities combining strategic card battles with deeply customizable land ownership.

Splinterlands NFT

Splinterlands grants players true ownership of the NFT cards that are core to its gameplay. Cards can be used in the Splinterlands challenges, battles, traded freely, combined to level up, or burned for in-game currency. With complete control, players can enjoy cards as game assets or collectibles.

The 500+ cards span common to legendary rarity levels and seven elemental types called Splinters, each with unique stats. A $10 starter pack provides initial cards, while daily quests and contests offer further earning opportunities.

However, Splinterlands’ official marketplace is the primary source for obtaining new cards. Here players can browse listings and filter by attributes like price, rarity, Splinter, and more. The marketplace enables targeted acquisition to enhance your collection and create optimal decks. Additionally, cards can be bought and sold through secondary NFT marketplaces, leveraging Splinterlands’ interoperability.

Splinterlands grants true ownership through NFTs provides engaging gameplay and collecting while retaining player value and control.

Splinterlands Token (SPS)

Splintershards (SPS) serves as the main form of payment and governance token in the card trading game Splinterlands. As a cryptocurrency token, SPS aims to provide decision-making control and influence to stakeholders, asset owners, and the player base.

With a circulating supply of 389 million out of a maximum 3 billion, SPS is currently trading at $0.13. Most tokens are staked. The price of SPS has proven extremely volatile, hitting all-time highs of $1 on three separate occasions in 2021 before crashing 80% to $0.20. While near its record lows, SPS has recovered from previous major declines, suggesting potential for further price rebounds.

For investors focused on potential profits rather than gameplay, SPS’ performance relative to gaming NFTs will be of interest. With governance and payment utility within an active blockchain game, SPS offers speculative upside but its erratic swings make investing riskier than holding Splinterlands gaming NFTs directly. Nonetheless, those looking to capitalize on volatility may find opportunity in SPS.

Is Splinterlands Free to Play?

Splinterlands offers free basic access but to unlock play-to-earn features, tournaments, guilds, and more, players must purchase a Summoner’s Spellbook starter pack for $10. This nominal one-time purchase grants full functionality like the 3,000 credits to buy or rent cards from the outset.

How to Play Splinterlands?

Splinterlands accommodates mobile play for on-the-go dueling, with native apps available on both Android and iOS. Desktop access is also offered, providing players platform flexibility. By minimizing barriers to entry while still incentivizing investment through the Spellbook, Splinterlands makes it simple for users to start playing and earning on their preferred device.

Getting Started

  • Purchase a Summoner’s Spellbook for $10 to unlock the full game and earning potential. This unlocks rewards and access to rankings.
  • Complete the in-game tutorial to learn the basics of battles, mana limits, and card abilities.
  • You receive a starter set of basic summoners and monsters to use for free. Moreover, experiment with different combinations to learn what works.
  • Create a Hive account if you don’t have one already. This is needed to play Splinterlands. The Hive Keychain app handles logging in and transactions.

Earning Rewards

  • Winning battles earns you Dark Energy Crystals (DEC), Splintershards (SPS) tokens, ranking points, reward cards, and chests containing more rewards.
  • Daily quests provide additional way to earn rewards.
  • At the end of each season, ranking points determine how many reward chests you receive. Chests can contain cards, DEC, SPS tokens, and potions.
  • The top ranked players in each tier also receive bonus SPS rewards.
  • Staking SPS tokens and owning Splinterlands licenses earns daily VOUCHER airdrops.

Getting Stronger

  • Level up duplicate cards by combining them together. This powers up your cards with new abilities and higher stats.
  • Rent higher level summoners and cards to boost your deck strength. Focus on a few summoners you like.
  • Sell or rent away cards you don’t use often. Use the profits to upgrade cards you do use.
  • Check opponent’s past battles to counter their playstyle and card choices.
  • Don’t just use the strongest cards. Experiment to find synergies and combos. Add healers and support monsters.
  • Play steady matches daily rather than marathon play sessions. This optimizes your capture rate for maximum earnings.

Advancing Ranks

  • Bronze ranks don’t provide meaningful rewards. Focus on reaching Silver and higher.
  • Battles get harder at higher ranks with tougher opponents and special rules.
  • Carefully upgrade your summoners first, as their level limits the cards you can use.
  • Rent better cards temporarily as needed to help advance ranks until you can afford upgrades.

How to Earn in Splinterlands?

Ranked Battles

Ranked Battles are the primary way to earn rewards in Splinterlands. By changing the battle type to “Ranked” on the Battle page, you can participate in ranked PvP matches. Once you reach Bronze II rank, you will start earning rewards of SPS tokens and R-shares for every ranked match you win. The amount you earn depends on your rank (higher ranks earn more), your capture rate (higher is better), and current market conditions influencing token value. Importantly, playtime does not affect earnings, so there is equal opportunity for all players regardless of how much they play.

Loot Chests

Another way to earn is through random Loot Chests containing cards, currency like DEC, consumable items, and resources. You can earn chests by completing daily quests, with the number of chests based on your R-shares earned from ranked wins. More chests are also granted at the end of ~2 week seasons based on which League you finish in, up to a maximum of 150 chests per season.

Splinterlands Tournaments

Entering in-game Tournaments hosted by Splinterlands and other players allows you to potentially win prizes. There is a wide variety of tournament types with different rules, entry fees, and prize pools. The main structures are Anytime, where you can play your match anytime in a 24 hour window, and Single Elimination, which has a set start time requiring you to be online.

Leaderboards

For top-ranked players, Leaderboards for the Modern and Wild formats offer another earnings avenue through DEC token rewards. At the end of each season, a total of 3,622,000 DEC is distributed based on placing, split across the 5 Leagues.

Earning Via NFTs

Trading Cards: Experienced players can also profit by buying and selling cards in the marketplace, similar to day trading stocks. Understanding valuations and marketplace trends is key to effectively buying low and selling high.

Renting Cards: Renting out your unused cards provides easy passive income, thanks to the built-in rental platform. Simply list a card, set rental terms, and get paid over time. You can cancel rentals anytime to get cards back if needed. This also allows monetization without having to sell cards.

Staking SPS: Lastly, staking your SPS tokens earns yield rewards while also granting governance rights. You can stake on yourself or delegate staking to other players for flexibility.

 

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9GAG’s ‘Memeland Captainz NFT’ Might Be The Next PEPE https://nftevening.com/9gags-memeland-captainz-nft-might-be-the-next-pepe/?utm_source=rss&utm_medium=rss&utm_campaign=9gags-memeland-captainz-nft-might-be-the-next-pepe Sun, 02 Jul 2023 17:43:59 +0000 https://nftevening.com/?p=113015 We’d HODL that Memeland Captainz NFT if we were you Anon, and not just for 9GAG sake! The highly anticipated Captainz art reveal faces mixed reviews and unwarranted FUD, but

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We’d HODL that Memeland Captainz NFT if we were you Anon, and not just for 9GAG sake!

The highly anticipated Captainz art reveal faces mixed reviews and unwarranted FUD, but there’s layers (pun intended) to this NFT project! Memeland unveils something truly extraordinary with Captainz, something everyone seems to miss. In this article, we will delve into why the Memeland Captainz NFT reveal stands apart from any other in the NFT scene.

Last month, memecoin $PEPE hit historic heights and became an immortal internet money icon. Is Memeland going to follow in its footsteps? Is the project actually building for the future? Or is the FUD justified and bearish market sentiment set to kill all NFTs? We took a little deep-dive.

TL;DR:

  • Memeland’s Captainz NFT project offers extensive customization options, empowering users to shape their avatar’s identity.
  • The introduction of ERC-6551 allows NFTs to have their own wallets, enabling them to hold and manage assets directly, including other tokens.
  • Memeland’s focus on community and collaboration fosters a dynamic and inclusive NFT experience, with potential partnerships with renowned brands.

an image of different kinds of Memeland Captainz NFTs by 9GAG, alongside the text "ERC-6551"

9GAG’s Memeland NFT Project ‘Captainz’ is a Portal to a New Internet Culture

From the innovative customization options to the potential collaborations with renowned brands, 9GAG’s Memeland is pushing the boundaries of NFTs. However, amidst the excitement, there are also concerns regarding scarcity, artistic quality, and fair pricing. Let’s explore the intricacies of this groundbreaking NFT reveal and why it has the potential to revolutionize the NFT landscape.

Is the FUD worth it’s digital salt? First, let’s clear the air for the newbies to the NFT scene to understand why Memeland’s Captainz are so different. Here’s a few reasons:

Unparalleled Customization:

Unlike traditional NFT reveals, Memeland offers its Captainz holders the power to personalize their avatars extensively. From choosing the gender and skin type to selecting unique traits, this level of customization sets Captainz apart from the rest. This NFT reveal goes beyond passive ownership, allowing users to actively shape their avatar’s identity. Furthermore, Memeland encourages holders to report trait bugs and even offers bounties, fostering a collaborative and inclusive community.

a picture of a Captainz NFT that can be modified to various traits

On-Chain Character Customization

Memeland’s approach aligns perfectly with the philosophy of “I am my NFT, and my NFT is me.” They have focused on creating an identity- and community-driven experience, setting themselves apart from other non-IP focused projects. By providing users with a canvas, namely the Captainz avatars, Memeland allows individuals to take charge of their avatar’s appearance and identity. This concept fosters a deeper connection between users and their NFTs, enhancing the overall experience.

Innovation at its Core:

The Captainz reveal introduces ERC-6551, a token standard that enables NFTs to have their own wallets capable of storing assets, including other tokens. This opens up a world of possibilities. Particularly, it forges collaborations with successful intellectual properties (IPs) from Web2 or Web3. These could include Adidas, One Piece, or Star Wars, or pretty much any other pop culture brand/meme/reference you could think of!

Memeland’s partnership potential with these IPs is essential. It allows the distribution of special traits earned through challenges or events, adds an element of excitement and novelty to the NFT experience.

a picture of various anime and cartoon items like a lightsaber, portal gun from rick and morty, narutos headband, etc. Signifying possible 9GAG NFT project collaborations across brands.

9GAG’s Possible NFT Trait Collaborations

ERC-6551 is an extraordinary upgrade to the Ethereum NFT ecosystem that deserves more attention. It introduces a groundbreaking concept where NFTs have their own wallets. This enables them to hold and manage assets directly. This means that NFTs can now store not only ETH but also a variety of other tokens, aka other NFTs. The implications of this upgrade are far-reaching and transformative.

ERC-6551: A Brief Exploration

A notable benefit of ERC-6551 is its impact on airdrops. Instead of relying on snapshots and distributing tokens to NFT holders, projects now airdrop tokens directly to the NFTs themselves. This streamlines the process and provides clear on-chain visibility of the assets held within each NFT.

In the gaming realm, ERC-6551 revolutionizes ownership experience. This protocol allows all character-related items, such as weapons, clothing, and in-game currency, to be owned by the NFT itself. This consolidates ownership and simplifies trading, as all associated items can be transferred together in a single transaction.

Furthermore, ERC-6551 opens up fascinating possibilities for NFTs. They can now have their own trading history, collection, and even an identity. The potential for autonomous trading and curation by AI-powered NFTs is an exciting frontier waiting to be explored.

With its ability to empower NFTs with their own wallets, ERC-6551 represents a significant leap forward for NFTs. It unlocks new avenues for creativity, ownership, and asset management. As we venture into the future, driven by this remarkable upgrade, the world of NFTs is poised for unprecedented growth and innovation.

Empowering Community:

Memeland’s innovative approach empowers its community of artists and enthusiasts. The ability for holders to craft and sell their own traits, with a system to gauge their rarity, not only adds value but also encourages active participation in the project’s growth. By continuously building and engaging with the ecosystem, artists play a crucial role in fueling innovation, nurturing creativity, and providing a platform for emerging talents to shine.

In recent discussions surrounding the Memeland Captainz NFT reveal, it is disheartening to witness the emergence of FUD around this project. It is essential to note that 9GAG’s Memeland NFT project is transparent in disclosing crucial information about the reveal process and how it all works. Surprisingly, some individuals seem surprised by the information that has been readily available.

Why Some 9GAG ‘Captainz’ NFT FUD is Justified

While the Memeland Captainz NFT reveal holds immense promise, it is not without its challenges. Some holders have expressed concerns about the scarcity of rare traits in the collection, which is crucial for collectors seeking exclusivity. Additionally, worries exist about non-artistic traders potentially creating unappealing avatars if left unchecked.

It is essential to educate newcomers about the customizable nature of Captainz avatars to ensure their engagement and prevent any deterrents. The separation of traits from the NFTs also raises questions about fair pricing and potential imbalances in valuation, posing a complex challenge that Memeland will need to navigate thoughtfully.

Moreover, the team fumbled the artwork, visibly.

problems with 9gag Memeland Captainz NFTs

9GAG NFT: The Future Of NFTs?

Despite these concerns, it is evident that Memeland is on the right track with its reveal mechanic. It draws inspiration from popular Web2 games like Fortnite and Counter-Strike. This is where players eagerly invest in cool skins. Memeland just takes it a step further by introducing a marketplace for trading these unique avatars. This leap in functionality is undeniably exciting and has the potential to revolutionize the NFT landscape.

9GAG’s Memeland Captainz NFT reveal stands as a testament to it’s commitment to constant innovation and pushing the boundaries of what is possible in the NFT scene. The unparalleled customization options, the potential for collaborations with prominent IPs, and the empowering community-centric approach all contribute to making this NFT reveal unlike any other.

While challenges and concerns exist, Memeland’s vision for an engaging and dynamic NFT experience demonstrates a pioneering spirit that will undoubtedly shape the future of the NFT ecosystem. It all comes down to the traits, and how the 9GAG NFT project goes from there.

Until then, Anon…

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Bored Ape Kennel Club: All You Need to Know About the BAYC Canine Companions https://nftevening.com/bored-ape-kennel-club-all-you-need-to-know-about-the-bayc-canine-companions/?utm_source=rss&utm_medium=rss&utm_campaign=bored-ape-kennel-club-all-you-need-to-know-about-the-bayc-canine-companions Wed, 26 Apr 2023 07:23:08 +0000 https://nftevening.com/?p=100704 The Bored Ape Kennel Club (BAKC) project has been making waves since its emergence in June 2021, and its popularity shows no signs of slowing down. As an offshoot of

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The Bored Ape Kennel Club (BAKC) project has been making waves since its emergence in June 2021, and its popularity shows no signs of slowing down. As an offshoot of the Bored Ape Yacht Club project, BAKC NFTs use the ERC-721 token standard on the Ethereum blockchain, enabling the verification of scarcity and tracking of NFT ownership.

In this guide, we’ll take a closer look at the history of BAKC, the project’s mission to promote social good, and how you can purchase BAKC NFTs. We’ll also provide you with essential details about web3’s favorite doggos to help you get started in the exciting world of BAKC NFTs. So let’s dive in and discover all there is to know about these lovable pups!

pictures of two Bored Ape KEnnel Club (BAKC) dog collectibles superimposed in front of the BAKC logo

What Is Bored Ape Kennel Club?

The Bored Ape Kennel Club (BAKC) believes that every ape needs a loyal four-legged companion. Especially during times of isolation in the swamp. BAYC aims to provide dogs for adoption to all its members at no cost, apart from gas fees. These dogs are a source of comfort, a friend, a beer retriever, or even a missile launcher to attack other primates, such as Jimmy. The BAYC recognizes the importance of canine companionship and hopes to bring joy to its members through this initiative.

The Bored Ape Kennel Club BAKC NFT collection was created to reward Bored Ape NFT holders with a furry four-legged friend – a digital canine NFT with 170 different traits. These traits include fur color, eye and mouth position, and accessories like glasses, hats, shoes, collars, and fashionable outfits.

These NFTs are referred to as “Club Dogs” and are companions to Bored Apes. These furry friends frequently visit the metaversal Yacht Club, which inspired the whole BAYC NFT universe. It’s like collecting virtual pets, but make it blockchain.

Who Created Bored Ape Kennel Club?

Yuga Labs, the creators of Bored Ape Yacht Club, launched the Bored Ape Kennel Club NFT collection. The dogs in the collection were first revealed on the last day of the minting period, which was June 25, 2021. During the first six weeks of BAKC NFT trading, Yuga Labs collected a 2.5% royalty on secondary sales.

This was in addition to the 2.5% transaction fee charged by the OpenSea marketplace. The extra royalty was donated to no-kill animal shelters. However, the additional trading fee has now been removed.

When Did BAKC NFT Mint?

A collage of different Bored Ape Kennel Club (BAKC) Dogs.

In April 2021, the Bored Ape Yacht Club (BAYC) NFTs sold for $200, and then skyrocketed in value. Just a few months later, in June, the Bored Ape Kennel Club (BAKC) NFTs went through the same rollercoaster. The BAKC NFTs have accumulated a total of over 253,314 ETH in trading volume. These canine NFT companions sell for over $100,000 on marketplaces like OpenSea and Sotheby’s.

And if that’s not enough, the Yuga Labs team also released a subsequent collection called Mutant Ape Yacht Club (MAYC), and even gave BAYC collectors an airdrop allocation of ApeCoin (APE) in March 2022. APE is an ERC-20 token used for governance and utility in the vast BAYC crypto ecosystem of NFTs, merch, events, games, and metaverses.

The BAYC Airdrop – Bored Ape Kennel Club Adoption Drive

Bored Ape Yacht Club has been making waves in the world of non-fungible tokens (NFTs) thanks to its unique storytelling approach. The project recently launched the Bored Ape Kennel Club (BAKC) airdrop. This drop rewarded eligible BAYC members with free NFTs designed to support animal welfare causes. This includes donations over $1M across welfare organizations like Orangutan Outreach, Friends of Bonobos, Wright Way Rescue, and Wolf Conservation Center.

This move was a hit with the community and helped to increase the value of the BAYC brand overall. By using creative methods like surprise drops and compelling narratives, BAYC sets itself apart from other NFT projects that lack originality and practicality. Giving away free NFTs is a great way to say “thanks” to supporters and enhance the project’s reputation.

 Bored Ape Kennel Club NFT Utility

One of the major utilities of the BAKC NFTs are that it is quite simply the easiest, cost effective and simplest way into the Yuga Labs ecosystem. Moreover, the tradability of these pet NFTs make them appealing to most traders. The benefits of a Bored Ape Kennel Club (BAKC) NFT include:

  1. Complementary Airdrop: Holders of a Bored Ape Yacht Club NFT at the time of the airdrop received a BAKC NFT for free. The BAKC also airdrop ApeCoin to holders from time to time.
  2. Randomized Traits: Each BAKC NFT comes with a set of randomized traits, making them unique.
  3. Exclusivity: The relative exclusivity of BAKC NFTs has led to a high value on the secondary market.
  4. Lower Cost: Compared to other NFTs in the Bored Ape Yacht Club pantheon, BAKC NFTs have a lower cost of entry.
  5. Tradeability: Holders can trade their BAKC NFTs on the secondary market. This allows them to potentially earn a profit or match up with similar traits.

Overall, owning a BAKC NFT provides holders with the opportunity to own a unique and exclusive digital dog with the potential to increase in value over time.

How Much is a Bored Ape Kennel Club NFT?

The current mint (floor) price for BAKC is around 4.79 ETH. It is confirmed that no further Club Dog drops are to come. These particular BAKC dogs are the only ones that will ever be in existence. Moreover, once the adoption drive has concluded, it will no longer be feasible to obtain one.

Aside from owning an adorable digital pet, there are benefits to owning a BAKC NFT. These NFTs grant access to the Bored Ape ecosystem. This is where collectors receive exclusive rewards like community access and special events. Additionally, owning a BAKC NFT means that you have full ownership rights to the artwork, giving you the ability to create and sell your own merchandise with your NFT dog.

In the future, there may be more benefits to owning a BAKC NFT. There’s a possibility of staking your NFT, which could result in even more rewards. Binance has already announced the release of their Bored Ape Staking Program, and BAKC staking might be available soon.

Where Can I Buy a BAKC?

BAKC NFTs are available on major digital marketplaces such as OpenSea and Binance.

Conclusion

In conclusion, the Bored Ape Kennel Club has made a significant impact on the NFT world. They offer unique digital dogs to its members and supporting animal welfare causes. Yuga Labs, the creators of the Bored Ape Yacht Club, have created a loyal community that values creativity, originality, and practicality. The BAKC NFTs have provided an entry point into the Yuga Labs ecosystem and increased the value of the BAYC brand overall. The randomized traits, exclusivity, and tradability of BAKC NFTs have made them appealing to traders and collectors alike.

The BAKC Airdrop, where eligible BAYC members received free NFTs designed to support animal welfare causes, was a hit with the community and helped to enhance the project’s reputation. The BAKC NFTs have a lower cost of entry compared to other NFTs in the Bored Ape Yacht Club collection. Holding a BAKC NFT provides an opportunity to own a unique and exclusive digital dog that can potentially increase in value over time.

Overall, the Bored Ape Kennel Club has demonstrated the potential of NFTs to support meaningful causes while offering unique and collectible digital assets to its members. The BAKC collection has shown that digital pets can be just as valuable and beloved as their physical counterparts. The Bored Ape Kennel Club is a testament to the power of community and creativity in the world of NFTs.

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Everything You Need to Know About Full Send Metacard by NELK Boys https://nftevening.com/full-send-metacard-all-you-need-to-know/?utm_source=rss&utm_medium=rss&utm_campaign=full-send-metacard-all-you-need-to-know Wed, 05 Apr 2023 06:04:11 +0000 https://nftevening.com/?p=100648 The NELK Boys, a popular Canadian YouTube group known for their partying and prank videos, have made their way into the world of NFTs! Say hello to their Full Send

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The NELK Boys, a popular Canadian YouTube group known for their partying and prank videos, have made their way into the world of NFTs! Say hello to their Full Send Metacard collection. This collection consists of 10,000 unique NFTs, each with its own design and rarity level, themed around various NELK Boys-related concepts. The Full Send Metacard NFTs were an instant hit. But what exactly is the Full Send Metacard?

In this guide, we’ll take a closer look at the collection, including how much they cost and how to buy them. We’ll also explore their collaborations with other popular NFT projects and their partnership with Happy Dad to launch the Happy Dad NFTs collection.

Full Send Metacard

NELK Boys Take the NFT World by Storm.

What is Full Send Metacard?

The NELK Boys, a Canadian YouTube group, have created an NFT collection called Full Send Metacard. This collection is made up of 10,000 unique NFTs, each with its own design and rarity level. The NFTs are themed around various NELK Boys-related concepts, such as their famous catchphrases and merchandise. Known for their partying and prank videos, the NELK Boys have amassed a massive global fanbase. Their Full Send Metacard NFT has also become a massive success with their viewers, adding another exciting layer to their ever-growing brand.

The Nelk Boys

Meet the NELK Boys: From YouTube Pranksters to NFT Creators. Image: YouTube

Who are the NELK Boys?

The NELK Boys are a group of Canadian YouTubers known for their partying and prank videos. The group consists of Kyle Forgeard, Jesse Sebastiani, and Steve Deleonardis. They started out by making prank videos on YouTube and eventually gained a massive following, with over 6 million subscribers on their YouTube channel. The NELK Boys have also expanded their brand to include merchandise and now, with the Full Send Metacard NFT collection, they have entered the world of NFTs.

How much is a Full Send Metacard?

The NELK Boys and the Full Send brand hit it big with the Full Send Metacard NFT! The limited edition collection of 10,000 Metacards sold out in a matter of minutes, bringing in an impressive revenue of around $23 million based on Ethereum prices at the time. But, if you missed the launch you are still able to get a Full Send Metacard on the secondary market. Fortunately, there are many available on OpenSea. At the time of writing, the floor price is approximately 0.37 Ethereum.

How can I buy a Full Send Metacard?

So, how can we actually buy a Full Send Metacard NFT? Firstly, you’ll need to set up a wallet and buy Ethereum. Once you have cryptocurrency in your wallet, you can search for Full Send Metacard NFTs on the marketplace of your choice. Then, when you’re ready to buy, click on the “Buy” button and confirm the transaction. The NFT will then be transferred to your wallet!

Please keep in mind that the price of NFTs can fluctuate, and it’s important to do your own research. Also, take measures to stay safe from scams when buying NFTs.

Full Send Metacard Alien Frens-inspired NFT

An NFT from the Alien Frens Collaboration

Collaborations

Full Send Metacard NFTs have teamed up with several popular NFT projects. Firslty, let’s take a look at their partnership with Bored Ape Yacht Club. The Full Send team created a unique Full Send x Bored Ape NFT by combining elements of both projects for their collaboration. Only 50 pieces of the special edition NFT were available exclusively to Bored Ape Yacht Club members.

Secondly, let’s dive into the Alien Frens collaboration, which was just as epic! For this partnership, the NELK boys created an Alien Frens-inspired NFT. This NFT features the iconic Alien Frens design and colors and was limited to 500 pieces. But, unlike the BAYC collaboration, anyone could purchase this limited edition NFT.

Happy Dad Merch

The Full Send team partnered with Happy Dad to launch the Happy Dad NFTs collection. Happy Dad is a popular brand of hard seltzer. Markedly, this collection features 10,000 unique NFTs, each with its own design and rarity level, designed to embody the playful spirit of the Happy Dad brand. The NFTs were released on October 7, 2021, and were a massive hit. Significantly, they sold out in just 25 minutes! They also generated over $20 million in sales on OpenSea.

Additionally, the Happy Dad NFTs come with exclusive perks. These include access to VIP experiences, events, and exclusive Happy Dad merchandise drops. Excitingly, the Full Send team plans to continue collaborating with Happy Dad on future projects. So, fans can expect more exciting releases to come.

In summary, the NELK Boys have successfully ventured into the world of NFTs with their Full Send Metacard collection! They have several impressive partnerships under their belt and fun merchandise for fans. The collection has already sold out and generated impressive revenue. However, if you missed the launch, you can still purchase one on the secondary market. So, whether you’re a fan of the NELK Boys or just interested in NFTs, there’s plenty to explore and enjoy with the Full Send Metacard NFTs.

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Bored & Hungry: The Restaurant Merging Hospitality with NFTs https://nftevening.com/bored-and-hungry-an-insight-into-the-first-bayc-themed-restaurant/?utm_source=rss&utm_medium=rss&utm_campaign=bored-and-hungry-an-insight-into-the-first-bayc-themed-restaurant Tue, 28 Feb 2023 07:56:34 +0000 https://nftevening.com/?p=95356 If you’re feeling Bored and Hungry, a Bored Ape Yacht Club-themed NFT restaurant with this exact name offers a unique dining experience! No, seriously: the menu, food, walls, floor, and

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If you’re feeling Bored and Hungry, a Bored Ape Yacht Club-themed NFT restaurant with this exact name offers a unique dining experience! No, seriously: the menu, food, walls, floor, and exterior are all about the iconic BAYC. Launched in 2022, this California-based burger restaurant went viral for a good reason.

Whether you aped in or are an NFT newbie, this place is one for the books – so let’s learn about it!

images of a bored and hungry burger with fries alongside the restaurant

Bored and Hungry is the first BAYC-themed restaurant that welcomes crypto payments. Credit: Twitter

What Is Bored And Hungry?

Bored and Hungry is the first BAYC-themed physical restaurant. The new venue is, in fact, a burger-only restaurant in Long Beach, California. Surprisingly, this venue first launched as a temporary pop-up, but its instant success turned it into a permanent location.

Now just as its name suggests, Bored and Hungry offers an authentic Bored Ape experience that is anything but boring!

In terms of design, the restaurant evokes the exact details of the iconic BAYC bar displayed on the project’s website. From hand-drawn spirits on the walls to anchors and signs writing “FOMO” or “FUD Destroyer,” this is an immersive experience. In fact, the entry glass walls have green slime all over them – an obvious reference to the Mutant Ape Yacht Club.

Of course, the orders are just as customized as the location itself. Each burger box or french fries bag features a Bored Ape or a Mutant Ape avatar alongside the brand’s logo.

In short, everything is incredibly well thought out, so who would have such dedication? Let’s find out.

image of professional restaurant founder Andy Nguyen

Founder Andy Nguyen was ready to start a vegan restaurant when he found NFTs and aped in. Credit: Ashley Randall

Who Founded The NFT-Themed Restaurant?

Bored & Hungry is the creation of Andy Nguyen, a professional US-based restaurateur. By 2022, this food industry had everything planned out to open a vegan restaurant. Then, things took a turn when he stepped into the NFT world and bought Bored Ape #6184.

It didn’t take long until Andy saw the potential of opening an NFT-themed restaurant – and what better theme than BAYC? The investor teamed up with Kevin Seo, who co-founded the Food Fighters Universe. A $300,000 investment later, Bored and Hungry launched as a temporary pop-up to test the local community’s reaction.

It was an instant hit.

From NFT whales and Bored Ape fanatics to people who had never heard the term “NFT,” tens of curious clients wandered through the 1,700-square-foot venue. This was a clear sign that Andy Nguyen needed to turn Bored and Hungry into a permanent restaurant. Today, the management team consists of crypto experts who educate new staff members on the top web3 experience.

This isn’t just a BAYC-themed venue, though. According to client reviews, the menu is interesting, too, so let’s check it out.

 

image of a Bored Ape character in the Bored and Hungry restaurant

The restaurant walls have the same drawing style as the iconic digital BAYC bar. Credit: Twitter

Is Bored and Hungry connected to Yuga Labs?

Contrary to some people’s belief, Bored and Hungry doesn’t have any official partnerships with the BAYC creators at Yuga Labs. However, Andy Nguyen recalled in an interview for CoinDesk that he once received a call from a Yuga Labs representative.

Accordingly, the company asked for feedback on the restaurant’s experience using ApeCoin. After all, Bored and Hungry is the only restaurant to ever accept ApeCoin payments; the pop-up opened one day after ApeCoin launched!

 

Why Choose Bored Ape Yacht Club as The Main Theme?

BAYC is undoubtedly among the most popular NFT projects of all time. From global superstars to NFT whales or crypto investors, millions of people like the project (or they already aped it). The 10K collection has a 70.41 ETH floor price at the time of writing and is in the top 10 most valuable NFT projects.

Furthermore, Bored Ape Yacht Club has one of the most dedicated communities too. In other words, choosing BAYC as the central theme of an NFT restaurant was a good move – and the history proved it. Shortly after launch, Bored and Hungry went viral for its incredible aesthetic and dedication.

image of a burger with fries and a drink from the Bored and Hungry restaurant BAYC

Each order comes with special packaging featuring Bored or Mutant Ape avatars. Credit: Twitter

What’s on The Menu?

To begin with, the menu is divided into two sections: Boring and Mutant. The Boring menu includes classic burger recipes with double smashed patties, American cheese, pickles, and “grilled” onions. Meanwhile, the Mutant menu has vegetarian and vegan options. Each burger comes with a Bored’n’Hungry sauce, fries, and a drink of your choice.

Of course, every burger comes with BAYC-themed packaging for a complete experience. While you’re there, you can also shop physical merch to make your visit truly memorable. The restaurant offers Bored and Hungry T-shirts (in black or white), and a Black Bored and Hungry hat.

The best part? You can pay however you want!

image of the burgers and pop-up featuring BAYC and Mutant Ape NFT avatars

The restaurant includes options for vegans, vegetarians, and meat foodies too. Credit: Twitter

How Can You Pay for Your Bored and Hungry Meal?

Bored and Hungry is the first physical restaurant to accept crypto payments, including Bitcoin, Ethereum, and ApeCoin – the official BAYC token. In fact, Andy Nguyen asked a developer to create the software from scratch just so they could operate with these cryptocurrencies.

In order to make a payment, you have to enter the restaurant’s native website and connect your MetaMask wallet. Then, one of the staff members can guide you through the process of sending the payment in your desired currency.

image of the BAYC Bored and Hungry nft restaurant as seen from the street

Bored and Hungry is open seven days a week in Long Beach, California. Credit: Twitter

Where and When Can You Visit?

You can visit the Bored and Hungry restaurant at 2405 E 7th St., Long Beach, California. The venue is open seven days a week between 11 am and 8 pm.

All in all, Bored and Hungry offers a one-of-a-kind experience for everybody. Whether you don’t know about NFTs or are a BAYC collector, the setting, menu, and attention to detail can impress you. The BAYC-themed venue welcomes crypto payments, too, so if you’re in for a Californian treat, you can visit the restaurant any day of the week!

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DigiDaigaku Genesis: The Anime NFT Project On The Rise https://nftevening.com/digidaigaku-genesis-the-anime-nft-project-on-the-rise/?utm_source=rss&utm_medium=rss&utm_campaign=digidaigaku-genesis-the-anime-nft-project-on-the-rise Mon, 27 Feb 2023 15:28:17 +0000 https://nftevening.com/?p=97662 For fans of anime NFT collections, the DigiDaigaku Genesis NFT project is hard to miss. While it launched as a stealth mint in 2022, it made headlines after its $6.5

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For fans of anime NFT collections, the DigiDaigaku Genesis NFT project is hard to miss. While it launched as a stealth mint in 2022, it made headlines after its $6.5 million Super Bowl ad early this month. Reportedly, this drove the NFT’s prices up to about 10 ETH at the time.

So, what is the DigiDaigaku Genesis NFT project all about? More importantly, why is there so much hype?

What is DigiDaigaku NFT?

DigiDaigaku Genesis is a collection of 2022 unique NFT characters living on the Ethereum blockchain. From “soulful singing” to “gravity defying skateboarding”, these characters have a range of talents. According to its OpenSea description, “Currently, DigiDaigaku characters live in a mysterious world unknown to outsiders, but in time, exciting details about their world will be revealed.”

The Genesis collection launched as free-to-mint NFTs on 9 August, 2022. Then, a host of sub-collections followed suit. Firstly, there are the Crafting Collections featuring different NFT collections that can be used to create other characters. The Crafting Collections include Spirits, Dark Spirits, Dark Hero Spirits, Villain Potions, Super Villain Potions, and Masked Villains. 

With the help of these, holders can create other characters: Heroes, Super Villains, and Villains. DigiDaigaku Heroes, for example, are created by merging a genesis NFT and a Spirit or by burning the Spirit. The unique Hero will have 1 of 4 bloodlines. 

Finally, there are also the Adventure Key collections, which serve as utility tokens for different activations. For instance, DigiDaigaku Genesis Adventure Key Castaways helps holders play the Castaways game as a particular DigiDaigaku Genesis character.

a female anime avatar of DigiDaigaku Genesis nft with pink hair

Learn all about the he DigiDaigaku Genesis NFT collection in this guide!

Who created DigiDaigaku Genesis?

DigiDaigaku Genesis is the first NFT project by the blockchain gaming company, Limit Break. The company was founded by acclaimed game designers, Gabriel Leydon and Halbert Nakagawa. Nakagawa is the former founder and CTO of the gaming studio, Machine Zone. On the other hand, Leydon is a Web3 game developer, performance marketer, and Machine Zone’s former CEO. 

How expensive are DigiDaigaku NFTs?

Currently, the Digidaigaku Genesis NFTs have a floor of 8.5 ETH, or about $14,100 (at the time of writing). However, rarer NFTs in the collection will cost much higher. DigiDaigaku Genesis #1632, for example, is currently the highest-selling NFT in the collection. About four months ago, it sold for a whopping 200 ETH or about $260,000 at the time. Several other NFTs in the collection have fetched between 25 ETH and 59 ETH. 

a female anime avatar of DigiDaigaku Genesis nft with pink hair and sparkling background

DigiDaigaku #1632 fetched 200 ETH! Credit: OpenSea

How can I buy a DigiDaigaku NFT?

Since the DigiDaigaku Genesis NFTs are now sold out, your best bet is to buy them from secondary NFT marketplaces like OpenSea. However, these will be much more expensive than what they originally cost. That said, as previously mentioned, DigiDaigaku is constantly releasing new NFT collections. So, make sure to keep an eye on the project’s website to avoid missing any new drops. 

Perks and Benefits of This Anime NFT

One of the main reasons for the hype around DigiDaigaku Genesis NFTs is the team behind it. Machine Zone is well-known for its past games, including Final Fantasy XV: A New Empire, Game of War: Fire Age, Mobile Strike, and World War Rising. So, naturally, blockchain gaming is one of the perks that come with the Digidaigaku PFPs.

DigiDaigaku has a dedicated ‘Adventure Hub’ which currently offers two blockchain games: Castaways and EtherOrcs. DigiDaigaku Genesis holders can play the games as their characters. For this, they have to first connect their crypto wallets to the website. 

Furthermore, the team has several ‘Quests’ in place for NFT holders. These range from unmasking villains to crafting potions. According to the project, these quests will help the anime characters to “embark on a search for victory, glory and untold rewards.”

About DigiDaigaku NFT Super Bowl Ad

Although everything was going seemingly well for DigiDaigaku, its ambitious Super Bowl ad put the project in trouble. Firstly, DigiDaigaku was the only NFT ad featured at Superbowl 57. Naturally, everyone had huge expectations from it. However, it turned out to be a huge disappointment. 

To explain, the ad featured a QR code, scanning which, viewers would be taken to a site to claim one of the 10,000 free NFTs. And therein began the trouble. Firstly, only a few people were able to mint the NFTs due to technical glitches. Reportedly, when many scanned the QR code, they were redirected to Leydon’s Twitter account. 

Secondly, only those who had an Ethereum wallet were able to mint the NFTs, if at all. This made the NFTs inaccessible to the hundreds of thousands of people watching the Super Bowl. Nonetheless, those who were able to claim it were able to flip it for several hundred dollars. 

Despite the poor reception of the ad, Leydon still sees the ad as a success. The team has also dropped 5,000 free NFT Dragon Eggs. According to the project’s website, these are still available to claim.

All things considered, the DigiDaigaku NFTs had a promising start. With the Super Bowl mishap, it remains to be seen how it will rise back up, if at all. After all, its floor has dropped significantly from the January high of 11.4 ETH.

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Mino Games’ Web3 Debut Starts With a $15M Funding https://nftevening.com/mino-games-web3-debut-starts-with-a-15m-funding/?utm_source=rss&utm_medium=rss&utm_campaign=mino-games-web3-debut-starts-with-a-15m-funding Wed, 15 Feb 2023 12:56:08 +0000 https://nftevening.com/?p=96555 Mino Games, one of the latest mobile NFT gaming startups, raised a whopping $15 million in a Series B round. The main participants were Earl Grey Capital, Konvoy Ventures, and

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Mino Games, one of the latest mobile NFT gaming startups, raised a whopping $15 million in a Series B round. The main participants were Earl Grey Capital, Konvoy Ventures, and Boost VC, as the funding was led by Standard Crypto. Further, the new studio aims to launch its debut metaverse franchise titled “Dimensionals: Heroes of The Multiverse”.

digital poster of Mino Games' upcoming mobile game

The Web3 mobile gaming studio Mino Games raised $15M in a funding round for their upcoming game.

How Did Mino Games Raise $15M in Funding?

The mobile gaming studio Mino Games successfully raised $15M in a funding round for its upcoming metaverse experience. The upcoming franchise, Dimensionals, will be an RPG (Role-Playing Game) based on NFT characters and in-game items.

Along with this release, the startup aims to develop a community-led ecosystem where players truly reap the perks of their experience. One of their main strategies to achieve this goal is to adopt the Free-to-Own model.

“We’re on the cusp of the next era in gaming where blockchains will power in-game economies, aligning the incentives of players with those of the game developers. Mino Games has a proven record in free-to-play and understands where crypto can enhance the experience for players,” said Alok Vasudev, co-founder of Standard Crypto.

Twitter screenshot of a message by Mino Games team member

The team at Mino Games aims to create a powerful community under the free-to-own gaming model. Credit: Twitter

Are Blockchain Games on the Rise?

Following the 2021 bear market, NFTs are on the rise again. In fact, the metaverse and blockchain gaming sectors have seen major improvements in token value.

Mobile games are also increasing in popularity with millions of users choosing this alternative to computer games. Guild of Guardians, one of the most popular mobile blockchain games, sold NFT characters for more than $273K even before the game launched!

All in all, mobile blockchain games are without a doubt part of the future of the Web3 world.

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Everything to Know About the MekaVerse NFT Collection https://nftevening.com/everything-to-know-about-the-mekaverse-nft-collection/?utm_source=rss&utm_medium=rss&utm_campaign=everything-to-know-about-the-mekaverse-nft-collection Thu, 09 Feb 2023 01:15:22 +0000 https://nftevening.com/?p=94718 2021 was the year of NFT hype, and one project that earned huge popularity was the MekaVerse. This collection of NFT robot warriors excited the digital community, and despite bear

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2021 was the year of NFT hype, and one project that earned huge popularity was the MekaVerse. This collection of NFT robot warriors excited the digital community, and despite bear market conditions it is still going strong. Read on to discover all you need to know about MekaVerse, the Citadel, and the MekaVerse game.

What is MekaVerse NFT?

The MekaVerse is an NFT project featuring 8,888 robot warriors. Each robot is crafted with its own set of unique traits by the power of algorithms. These robots, called “Mekas,” pay homage to the classic mecha from Japanese pop culture – giant war machines piloted by humans, ready to battle it out in the virtual world.

The team behind the MekaVerse carefully put the finishing touches on each robot. This ensures a consistent look and feel across the collection while still keeping each NFT one-of-a-kind. And their ambitions don’t stop there. From Meka-themed apparel to 3D models and short films, the MekaVerse has big plans for the future.

image of a colourful MekaVerse citadel

Welcome to the MekaVerse

Is it a Game?

The Meka-Citadel, a game for all users featuring the MekaVerse NFT project, is now available on Core Games. Here, where you can interact with other Meka enthusiasts and enjoy everything the MekaVerse has to offer. Meka holders can go to the ‘Hangar’ to view all that Meka has to offer.

The MekaVerse Citadel is a work in progress and we can expect regular updates with new experiences, environments, and lore. Further, the Meka team is continuing to update the Citadel and bring more utility to holders. At present, Meka Drivers have exclusive access to the World Map and can earn huge rewards! Holders have the power to control their own Driver, with in-game customisation.

 

image of a digital world with the worlds 'meka world map' centred

Meka Drivers can explore the Meka world map and MekaVerse Citadel

Who Created MekaVerse?

Matt and Mattey, two European digital and graphic artists, were the primary figures behind the MekaVerse project. They collaborated with Julien van Dorland, an experienced NFT expert. Then, in late August 2021, the MekaVerse made its social media and Discord accounts accessible to the public to showcase their NFT artwork. This was the starting point for the project’s success.

How Much Did MekaVerse Mint For?

The MekaVerse project initiated a public raffle in early October 2021, with participants registering nearly 173,000 wallets to enter for a chance to mint NFTs featuring either one or two Mekas. The minting window saw 8,593 NFTs, with each NFT being sold for 0.2 ETH ($725). The public raffle winners had the opportunity to make their NFTs public on the NFT marketplace OpenSea.

How Much is a MekaVerse NFT Now?

The median price for a MekaVerse NFT in February 2023 is lower than its peak in mid-December 2021, which was around $4,500. Some NFTs have sold for even more, with some reaching hundreds of thousands of dollars when the project first launched.

As of February 2023, the median price for a MekaVerse NFT is 0.26 ETH, approximately $435. The most expensive MekaVerse NFT sold to date is #2194, which sold in late December 2021 for over 500 ETH, roughly $1.8 million at the time.

NFTs in its Ecosystem

There are many NFTs in the MekaVerse ecosystem. The core of the MekaVerse is the Meka collection, divided into four factions: Original Mekas (OG), Mirage (MI), Gadians (GAI), and F-Nine (F9). The OG Mekas, with over 4,500 NFTs, are known for their stoic features and heavy armor. The MI Mekas are known for their speed, accuracy, and sleek design. The GAI Mekas have a calm and mysterious appearance with wide Asian-style hats. The rarest faction, the F9 Mekas, have round helmets and intricate body armor.

image of a 3d rendered female figure in body armour for MekaVerse

GĀDIAN driver of MekaVerse Game

Is MekaVerse a Rug?

Like many NFT projects, MekaVerse project has faced challenges and skepticism. Initially, there were some setbacks in releasing NFT images that caused a loss of momentum before launch. Later, allegations of fraud arose on Twitter after the launch, with claims that some buyers had access to NFT metadata, giving them an advantage in purchasing high-value NFTs at lower prices.

Critics have also pointed out the lack of uniqueness among the NFT images, with some appearing to be simply color-swapped. Additionally, NFTs that once sold for hundreds of thousands of dollars now only sell for hundreds of dollars.

However, we must remember that we are in a bear market. Many long-standing blue-chip NFTs have lost a significant amount of value – yet the communities are still thriving and the projects continue to run.

Final Thoughts on MekaVerse NFT

A highly anticipated release, the MekaVerse NFT collection attracted both collectors and investors. Despite the popularity of the mecha-themed artwork, the value of the NFTs took a hit during the cryptocurrency market downturn in 2022, and this led to questions about the project’s viability. However, the MekaVerse team has plans for the future, including bringing the collection into the physical world with merchandise and giving current NFT holders the chance to receive “weapons” and “companions” for future games or events through airdrops.

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The Ultimate Guide To Wolf Game NFTs, Gameplay and WOOL https://nftevening.com/the-ultimate-guide-to-wolf-game-nfts-gameplay-and-wool/?utm_source=rss&utm_medium=rss&utm_campaign=the-ultimate-guide-to-wolf-game-nfts-gameplay-and-wool Sat, 21 Jan 2023 23:28:59 +0000 https://nftevening.com/?p=91427 Wolf game is currently one of the most interesting blockchain games in the play-to-earn space. The Wolf Game NFTs, especially the sheep and wolves, are picking up sales on OpenSea.

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Wolf game is currently one of the most interesting blockchain games in the play-to-earn space. The Wolf Game NFTs, especially the sheep and wolves, are picking up sales on OpenSea. In fact, since its launch in 2021, the game NFTs have generated around $43 million in trading volume (at the time of writing). 

In this guide, we will cover everything you need to know about the online Wolf Game: How to play Wolf Game? What are Wolf Game tools and codes? What crypto does the game use? And more. So, let’s dive right in!

cover image for Wolf Game NFT guide WOOL

 

What is Wolf Game?

Wolf Game is an Ethereum-based play-to-earn game that brings together the mechanics of both NFTs and DeFi. One of its most important features, which makes it unique, is its on-chain risk protocol. To explain, the game encourages players to take risks; the higher the risks they take, the higher the rewards.

Is it a Crypto Game?

Wolf Game allows players to play and earn rewards in its native ERC-20 token, WOOL, making it a crypto game. Players can also stake their tokens and NFTs to earn more.

Wolf game blockchain NFT game

The game’s unique gameplay makes it an attractive choice for gamers.

What blockchain is Wolf Game on?

Wolf Game is based on the Ethereum blockchain. This means that players have to pay ETH to buy the game’s NFTs. Originally, when the game minted in November 2021, these NFTs were available for 0.06942 ETH. However, currently, the floor is at 0.723 ETH (at the time of writing). 

Is Wolf Game free to play?

Well, you will need at least a sheep or wolf NFT to start playing the game, for which you will have to shell out some ETH. As you progress in the game, you will also benefit by purchasing in-game items such as gems, land, farmers, and more. 

wolves surrounding a sheep barn

The game is all about sheep vs wolves!

How does Wolf Game work?

Essentially, Wolf Game is centred around two main characters: Sheep and Wolves. During the initial mint, collectors had a 90% chance of getting a sheep and a 10% chance of getting a wolf. These are ERC-721 NFTs, with the sheep living in the “Barn”. Sheep owners can stake their sheep in the Barn to earn WOOL. They can also breed them to increase wool production.

Now, the wolves are outside the Barn, trying to get to the sheep. To prevent this, sheep owners have to pay taxes to the wolves, in WOOL. Currently, this is 30% of the Barn proceeds. Sheep owners also have the option to not stake their sheep and let them out of the Barn. But, this is where things get interesting. There is a high chance that the wolves can steal some of the generated WOOL or even the Sheep NFT! 

What is WOOL token?

WOOL is the native utility and governance token of Wolf Game. Players can earn a passive income by staking their sheep or holding wolves. An ERC-20 token, WOOL is currently priced at $0.02, according to Coingecko. After a brief increase in price ($0.07) in October last year, the token’s price has fallen in the last couple of months. 

Apart from earning WOOL in-game, you can also purchase it on popular crypto exchanges like Uniswap. Of course, players can also exchange WOOL for fiat at the exchange. 

Types of NFTs in Wolf Game

Apart from sheep and wolves, there are several other NFTs in Wolf Game. First, after a series of updates, it introduced virtual land, which functions as a booster for the players. Only 20,000 genesis land plots exist, each completely unique. Players can use the land to cultivate assets. As of now, the cheapest land plot will cost you at least about $657.

Then, players can use farmers to boost the amount they collect on a land plot. Farmers are also useful to speed up sheep breeding as well as protect the sheep and their offspring from the wolves. Once used, farmers go into a “cool down” phase. 

Then comes Gems, which are ERC-1155 NFTs that can be burnt to receive one rare farmer. There are only 5,000 Gems in the Wolf Game ecosystem, offering six different farmer types. While the farmer type is displayed on the Gem, the specific farmer traits will be random. The game is yet to reveal details about how players can obtain Gems.

Meanwhile, Wolf Game relics are 1-of-1 NFTs that can be auctioned for WOOL. On the other hand, WOOL Pouch unlocks WOOL tokens over time. Finally, players can also buy Wolf Game merch, which are different accessories made of wool. They can even redeem these NFTs for their physical counterparts. 

Wolf game NFTs

Meet the main Wolf Game NFTs!

How to Get Started

Now that you know all about Wolf Game and its NFTs, it’s time to get started. Here are the steps to get you going:

  1. As previously mentioned, Wolf Game is all about risk-taking. Therefore, it is essential to learn the mechanics before you get started. You can also join the game’s community on Twitter or Discord for all the help.
  2. Once you are ready, go to the game’s website and connect your Metamask wallet. 
  3. Since the official NFT mint period is over, you will have to buy sheep and/or wolf NFTs from secondary marketplaces like OpenSea, to get started with Wolf Game. However, make sure to do your due diligence and have a game strategy in place before buying the NFTs.
  4. Next, add WOOL to your wallet.
  5. Finally, join any of the Packs to start playing Wolf Game!

How to Play and Win at Wolf Game

Wolf Game has evolved through a range of modes, including the original Wolf Game, Risky Game, Cave Game, Alpha Game, and Land deeds. In the Alpha game, players could create Packs—think of them as guilds—using their NFTs. Then, they had to build their domain, expand packs, and earn points by attacking other Packs. Alternatively, players could also earn by fortifying their Packs or staking their NFTs. However, according to the game’s website, Alpha Game is now complete, with a Pack led by GMoney winning.

The current gameplay involves playing in the 101 communities made of Lands. While Community #0 represents The Peak, where Wolves breed and recharge, the remaining are The Farm, where most of the gameplay happens. Now, each farm community features five characteristics: Resource Composition, Resource Levels, Defense Level, Weather, and Tax Rate. There are also all-new off-chain resources: CHOPS, GRASS, STONE, WATER, and WOOD.

While the gameplay is quite simple, it’s all about coming up with the right strategies. For example, you should be able to judge the right time to remove your sheep from the Barn. Or know when or if you should build a Den or a Bathhouse. Or which resource to collect, when, and from which community. Well, you get the gist! Remember the golden rule: Whatever action you take, it will ultimately impact the amount of WOOL tokens you earn. 

A farmer and two sheep

The farmers can help keep your sheep safe.

Can you make money with Wolf Game?

As a play-to-earn game, Wolf Game is designed to enable players to earn a passive income, all the while enjoying the game. Pretty much every element in the game is designed to help you earn WOOL. As previously mentioned, you can exchange the WOOL tokens you earn for fiat. This is why it’s important to devise a strategy to maximise your earnings.  

Why Is Wolf Game So Popular?

Firstly, Wolf Game is one of the first blockchain games focusing on crypto-native gamers. It was also one of the first to bring together risk, game theory, and community. What makes the game innovative, and in turn, attractive, is its unique gameplay. As its website explains:

“The game also incorporates a new type of gameplay with asynchronous PvP game theory. By not requiring users to be online at the same time for head to head competition, users are more able to compete based on their availability; they also must be more strategic, and plan for a variety of scenarios.”

Furthermore, some of its earlier supporters include a host of popular NFT influencers, including Gary Vee and Beanie. Naturally, the celebrity support also made it more popular. That said, both its NFT sales and the value of NFTs and WOOL have dropped in the last couple of weeks. While it could be because of the current crypto market sentiments, it remains to be seen whether Wolf Game will pick up again in the coming months.

Learn More About the Top Blockchain Games:

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Checks by Jack Butcher: How One Piece of Art Became a Movement https://nftevening.com/checks-by-jack-butcher-how-one-piece-of-art-became-a-movement/?utm_source=rss&utm_medium=rss&utm_campaign=checks-by-jack-butcher-how-one-piece-of-art-became-a-movement Fri, 20 Jan 2023 22:14:45 +0000 https://nftevening.com/?p=91385 A few months ago, Twitter verification was the talk of the town after its CEO, Elon Musk, made it a paid subscription feature. While people debated it, one visual artist,

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A few months ago, Twitter verification was the talk of the town after its CEO, Elon Musk, made it a paid subscription feature. While people debated it, one visual artist, Jack Butcher, took advantage of the opportunity to drop a unique NFT collection. Launched less than three weeks ago, “Checks” by Jack Butcher has already taken the NFT world by storm.

Here’s all you need to know about the Checks NFT collection by Jack Butcher:

What is the Checks NFT Collection by Jack Butcher?

Checks is an open-edition NFT collection created by visual artist Jack Butcher, taking inspiration from the famous Twitter checkmark. Based on the Ethereum blockchain, each NFT features 80 checks resembling the Twitter verification logo. During the 24-hour mint on January 3, 2023, 16,027 NFTs were sold out at $8 each—the amount Twitter charges people for verification.

“The intent of this piece is to capture a moment in time – the shifting context in which the process of verification takes place, in a society dominated by electronic culture and communication,” notes the project’s website. “Checks is an infinite canvas for expression that is designed to challenge the concept of ownership and authorship in the age of the internet.”

How Much Does a Checks NFT Cost?

As previously mentioned, each Checks NFT by Jack Butcher originally cost $8. From a mere $8, the collection’s floor reached three-figure values in no time. Currently, its floor is at 0.24 ETH or about $382 (at the time of writing). Further, it has raked in $4.7 million in secondary sales. What’s more, the highest-selling NFT in the collection fetched 8 WETH! Several NFTs in the collection also sold for around 4 ETH and higher. 

Checks by Jack Butcher featuring Twitter's verified checks

Checks by Jack Butcher is the latest talk of the town!

Who is Jack Butcher?

A graphic designer and art director, Jack Butcher is the founder of Visualise Value, a Nashville, Tennessee-based consulting agency. He worked for ten years in Fortune 100 advertising as a creative director. In fact, he has worked with some of the biggest brands in the world, including Amazon and Ferrari.

In early 2021, Jack hopped onto the NFT bandwagon, selling several NFTs. His “NFTs, explained”, for instance, sold for 74 ETH. 

About the Checks Burning Mechanism

As Checks quickly became popular, Jack Butcher began rolling out new plans for the NFT project. Firstly, he toyed with the idea of reducing the total supply.

“Are checks more desirable if they are harder to get?,” he Tweeted. “If we can find out by incentivizing a reduction in supply, can we do it without destroying anything in the process?”

Then, he came up with a burn mechanism, taking inspiration from the contemporary artist, Damien Hirst’s “The Currency.” Essentially, Hirst’s year-long project allowed NFT holders to get a physical artwork by burning their NFT. Alternatively, if not exchanged, the physical piece would be burnt. They had one year to decide whether they wanted to keep the NFT or trade it for a replica physical oil painting by the world-famous artist.

Similarly, Jack and his team developed their own burn mechanism, based on the semi-perfect number, 80. To explain, 80 is “a natural number  that is equal to the sum of all or some of its proper divisors.” Also, 80’s factors are 40, 20, 10, 5, 4, and 1. Add all these and you get 80.

Jack Butcher's tweet

Jack Butcher regularly tweets about the project’s development.

How does it Work?

The idea behind Checks NFT project’s burn mechanism is to burn a particular number of NFTs to get smaller editions in decreasing order. For instance, suppose you have two 80 Check NFTs. Then, you can burn them both to get one 40 Check NFT. Similarly, if you burn two 40-Check NFTs, you will get one 20-Check NFT.

As Jack explained, you will basically “burn 2 originals for the next smallest edition original”:

80 > 40 > 20 > 10 > 5 > 4 > 1

Holders are free to stop at any point. “What this does: rewards every collector, creates new, original, on-chain work, and every interaction either maintains or reduces supply,” Jack added.

Getting the Black Check NFT

Finally, due to the specifics of the burn mechanism, a single Black Check is the hardest to get. To explain, NFT holders will have to burn 4,096 Checks to get one, meaning, there will only ever be 3 black Checks in total. According to Twitter user, 6445.eth, there are even talks among holders to set up a dedicated Decentralized Autonomous Organization (DAO)

“There’s three possible black checks,” Jack told ONE37pm. “So depending on how the work is received and people interact with it, that will determine whether or not we see one during our lifetime.”

Jack Butcher’s Checks NFT: A Final Word

Jack Butcher’s unique Checks NFT project has not only grabbed the attention of regular NFT users but also of some notable figures in the space. The list includes NFT artist, Vinnie Hager. Besides, lots of Checks derivative NFT collections, such as Check Punks and Keks, have also come up. Alchemy Chains are even making physical Checks pendants!

Amid all the attention, Jack Butcher is constantly innovating the Checks NFT project, all the while being transparent about what is going on behind the scenes. The burn mechanism, however, is not yet live. Currently, the team is working on it to make it “perfect”. There are also plans for a new iteration. All things considered, how the project develops over the next few weeks will be worth keeping an eye on.

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A Kid Called Beast NFT: Everything You Need To Know https://nftevening.com/a-kid-called-beast-nft-everything-you-need-to-know/?utm_source=rss&utm_medium=rss&utm_campaign=a-kid-called-beast-nft-everything-you-need-to-know Wed, 18 Jan 2023 10:22:52 +0000 https://nftevening.com/?p=90677 A KID called BEAST is the latest NFT PFP project to steal the show among collectors. The controversial collection gained popularity for its unique minting system, both in a good

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A KID called BEAST is the latest NFT PFP project to steal the show among collectors. The controversial collection gained popularity for its unique minting system, both in a good and a bad way. On the bright side, users can allegedly pick their NFT type when minting, which almost never happens with similar projects.

The downside? The team’s 24K allowlist (the BeastList) suddenly reduced to 9,000 minters just before the official AKCB NFT drop. Three hours ago, co-founder Rafsby announced a delay in minting, now scheduled for this Friday.

Of course, the NFT community can’t help but wonder what’s going on. Is a KID called BEAST worth the hype? Do these collectibles hold valuable perks or not? Here’s everything we know so far:

A KID called BEAST is the latest NFT project to enter the spotlight – but is their minting process accurate?

What is a KID Called BEAST?

A KID called BEAST is a new NFT project inspired by the inner beast that lies inside of us. The founders’ theory says that we all share basic instincts, some hiding them better than others. This NFT collection aims to honor our inner self, allowing collectors to express their freedom.

Of course, everybody is different. That’s why the debut AKCB collection consists of 10,000 3D collectibles divided into 20 Beast Modes. Each Beast Mode has different traits and interests, ranging from culinary pleasures to art, luxury living, crypto, and even coding. Some avatars are sensitive or loud, while others are honest and aware – and their outfits definitely reflect their personalities.

Considering this system, many NFT traders assume that each Beast Mode will bring custom utility, although this has not been officially confirmed yet.

image of a KID called BEAST NFT avatar wearing a bunny mask

Who is Behind AKCB?

The project co-founders are Rafael “Rafsby” Ferrero and Caleb Smiler. Both crypto investors have individual projects and experience in the Web3 sector. For example, Caleb Smiler founded AnjiEco last year, an innovative DeFi platform to trade and earn crypto. Meanwhile, Rafsby owns Loudchain, a crypto consultancy company.

In total, the AKCB team has 21 members including digital artists, community managers, and developers. Accordingly, this team has been working on the project for 14 months, which sounds pretty promising – so why is it so controversial?

collage of multiple NFT avatars from the a KID called BEAST NFT collection

With 20 Beast Modes and multiple personality traits available, the AKCB collectibles are taking the NFT world by storm.

How Does the AKCB Minting Process Work?

Much like other NFT projects, a KID called BEAST opened a allowlist (known as “beastlist”) prior to minting. By January, the list had amassed more than 24,000 members – a great number for a new NFT project.

Yet by January 17th, that list surprisingly dropped to 9,000 members, causing a stir among collectors. Rafsby soon explained that the initial allowlist had many bots and only 9813 real users remained after removing those bots from the list. However, Twitter user @hypno.eth pointed out that the remaining 20K wallets are still part of the AKCB smart contract.

This conflict is possibly why a KID called BEAST delayed their mint until Friday. Here’s their Twitter announcement:

screenshot of a Twitter announcement by a KID called BEAST NFT projct

The project founders rescheduled their mint date for this Friday. Credit: Twitter

In other words, the best we can do right now is to sit and wait for other announcements. If you’ve made it to the Beastlist, make sure to follow their Twitter account and get your digital wallet ready for this Friday!

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FVCKRENDER PFP NFTs: 90s Kids Explained https://nftevening.com/fvckrender-pfp-nfts-90s-kids-explained/?utm_source=rss&utm_medium=rss&utm_campaign=fvckrender-pfp-nfts-90s-kids-explained Wed, 18 Jan 2023 05:59:38 +0000 https://nftevening.com/?p=90329 FVCKRENDER – one of the biggest names in the NFT space – released the 90s Kids NFT collection at the end of 2022. But, what exactly is the 90s kids

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FVCKRENDER – one of the biggest names in the NFT space – released the 90s Kids NFT collection at the end of 2022. But, what exactly is the 90s kids collection? Well, this is a digital collectible (otherwise known as NFT) project, inspired by the trends of the 1990s, 2000s, and skateboard culture.

The aim of the 90s kids collection is to develop a brand that marries NFTs with clothing and skateboarding. From clothing to contests and events, 90s kids could be the next big thing! So let’s take a closer look at the 90s kids NFT collection and discover all you need to know about the next big web3 company.

image of a coffee cup breaking through a wall, for the 90s kids nft project by fvckrender

90s Kids NFT – Skate Culture in Web3

What is the 90s Kids NFT Collection?

The 90s Kids NFT collection is a collection of 9999 skate culture NFTs, inspired by the nineties and noughties. The collection is colorful and nostalgic, featuring four different ‘types’ of 90s kids NFT. These types are ‘Coffee Cup’ (common, 5476 NFT have this type), then ‘Traffic Cone’, ‘Key Set’, and ‘VX’ (1500 of each of these types). These are the first four characters to exist in the 90s kids universe!

FVCKRENDER and Gab Jetski created the NFT collection (more on that below!). 90s kids mint began on December 16th, 2022, for 0.05ETH, and sold out within 24 hours. As of mid-january 2023, the collection has a 369 ETH total volume and a floor price of 0.02 ETH.

At it’s core, 90s Kids NFT collection is a nostalgic, story-telling digital collectible. With plans to release new characters monthly, a clothing brand inspired by the characters, and IRL contests and meet-ups, it seems that 90s kids is bringing skate-culture to the metaverse.

four characters from the 90s kids nft collection by fvckrender

90s Kids types – Coffee Cup, Traffic Cone, Key Set, and VX (l to r)

Does the 90s Kids NFT Collection Have a Roadmap?

As a brand incorporating story-telling and sub-cultures, their roadmap is exciting and expansive! the 90s Kids discord states that: ‘We want to build a token gated web 3 skate club that will redistribute % of the royalties and profits to active members of our community and skateboarders.’

90s Kids Digital Skate Club

This digital skate club has a lot planned for the future. To begin, the brand will release new characters monthly. Holders with a full set of the OG collection (Cone, Keyset, VX, and Coffee Cup) will be able to burn one of these OG NFTs to redeem a new character. Additionally, the limited edition characters may have some extra redemption perks. Following the first drops, there will be discounted NFTs for whale holders (holder of 5 or 10 NFTs or more). Furthermore, holders who have both a 90s Kid NFT and a FVCK_CRYSTAL or FVCK_AVATAR, can stake their NFTs. By staking their NFT inside LVCIDIA, holders gain weekly resources.

One key part of the 90s Kids utility is the clothing brand. The founders plan to build a clothing brand inspired by the characters, and create ‘immersive storylines’ around the characters. Their plan outlines working with notable brands and figures for seasonal merch drops, including t-shirts, hats, hoodies, pants, and of course – skateboard accessories. Holders will have early access to these merch drops and a holder discount.

Finally, the NFT brand will also hold many IRL and remote events. Monthly contests will include a skate contest and an art contest. The art contest is especially important, as the creators will provide a base model for artists to work with, and the winner will take home a cash prize! The IRL events will look like skate contests, art shows, and more, at large NFT events such as NFT NYC.

To clarify – January 28 is the date of the first skate contest. We can expect to see physical merch in March or April of 2023.

90s kids nf flyer from fvckrender and gab jetski

A flyer for the first 90s kids skate contest!

Who Created the 90s Kids NFT Collection?

There are two creators of the 90s Kids NFT collection –FVCKRENDER and Gabriel Jetski. The duo state that the idea goes way back, to when they were both ’10 years old, skating in parks, listening to gangstarr on their iPods’. Through their collection, the artists want to recreate that nostalgic feeling of being kicked out of their skate spots, wrecking their ankles on the stairs, playing tech deck, and easy Subway. Therefore, this is a brand born of a love for skateboarding and a love for art. Speaking on why they created 90s Kids, Gab Jetski says: “Being both artists, we have an interest in beautiful things and creation. That’s why we created 90’s kids.”

Who is FVCKRENDER? 

Frederic Duquette, also known as FVCKRENDER, is a self-taught digital artist based in Vancouver, BC. He began teaching himself 3D art software while working at a restaurant. Whilst there, he created one piece of art a day for 5 years. This helped FVCKRENDER develop his skills and establish himself as a successful artist. His art is unique, futuristic, and serves as a form of self-therapy. The artist has worked with clients such as Lil Nas X, Lebron James, Puma, Spotify, Instagram, Supreme, Christian Dior, Hypebeast and many more. Furthermore, FVCKRENDER has had his work featured in esteemed auction houses such as Christie’s and Sotheby’s.

FVCKCRYSTALS by FVCKRENDER

The FVCK_CRYSTAL collection, designed by FVCKRENDER, comprises of 4,169 unique digital stone NFTs. These NFTs provide users with access to events, raffles, and exclusive areas within the FVCKRENDERVERSE. The collection also includes a “First-Come, First-Served” advantage for early adopters. This advantage allows them to burn their open edition FVCKRENDER NFTs before public sale. Each crystal has been generated and optimized using advanced computer technology, featuring iconic elements from the FVCKRENDER universe, with some crystals being more rare than others.

a still of fvck crystal by fvckrender

Still from a FVCK CRYSTAL in motion

What are FVCK AVATARS?

FVCKRENDER launched FVCK AVATARS in four phases starting on March 23rd, 2022. These avatars serve as “beacons” in LVCIDIA, a metaverse that FVCKRENDER is currently developing. The FVCK AVATAR NFTs are 3D collectibles that have “inherent utilities” in FVCKRENDER’s ecosystem. These NFT are designed to be used as landmarks in metaverse platforms. The collection includes 12,969 unique avatars, featuring some of FVCKRENDER’s signature elements from the past 10 years. They also feature new elements that will co-exist with the FVCK Crystals.

What is the FVCKRENDERVERSE?

The FVCKRENDERVERSE is a fully-immersive and multidimensional virtual experience. This experience transcends the limitations of traditional 2-dimensional internet and social media platforms. Unlike traditional online art viewing, the FVCKRENDERVERSE allows users to fully explore and interact with the artworks as if they were physically walking through a gallery or museum. The experience also includes engaging scavenger hunts! The hunts encourage users to engage more closely with the art and the virtual world.

Who is 90s Kids Co-Founder Gab Jetski? 

Not much is known about 90s Kids Co-Founder Gab Jetski. We know that Gab, or Gabriel,  is an experience NFT artist. The artist has a collection of ‘Astral Reflections’ on the Foundation marketplace. We also know that Gab Jetski and FVCKRENDER grew up together, as the brand is inspired by the duo hanging out in skateparks.

'Astral Reflection #1' by Gabriel Jetski

‘Astral Reflection #1’ from Gabriel Jetski

Where Can I Buy 90s Kids NFTs?

You can purchase a 90s Kids NFT on the secondary marketplace OpenSea. At present, the floor price for 90s Kids NFTs is 0.0217 ETH, or $35 (Jan 17 2023). Remember – if you are looking to stake your NFT, pick up one of each ‘type’ to make use of the burn-to-redeem mechanism! If you’re an NFT newbie, read our guide to buying NFTs to help you with your purchase.

90s Kids NFT – Nostalgic, Skate Culture NFTs

In conclusion, the 90s Kids NFT collection is an innovative and exciting project that brings together the worlds of NFTs, skateboarding, and nostalgia. With an ambitious roadmap and seasoned creators, this PFP project is certainly one to watch. Finally, this project is not only a digital collectible but also a nostalgia-filled, story-telling digital collectible that brings skate-culture to the metaverse.

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Feetpix.wtf : Why are these Pixelated Feet NFTs Pumping? https://nftevening.com/feetpix-wtf-why-are-these-pixelated-feet-nfts-pumping/?utm_source=rss&utm_medium=rss&utm_campaign=feetpix-wtf-why-are-these-pixelated-feet-nfts-pumping Wed, 11 Jan 2023 20:19:23 +0000 https://nftevening.com/?p=89933 Some of your NFTs may be losing value at this time, but you know what’s not losing value: Feetpix.wtf. Feetpix is a new NFT collection of 10,000 free-to-mint foot pictures

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Some of your NFTs may be losing value at this time, but you know what’s not losing value: Feetpix.wtf. Feetpix is a new NFT collection of 10,000 free-to-mint foot pictures that sold out on Sunday. The collection managed to accumulate 778 ETH in volume, surpassing blue-chip collections like BAYC on the day of launch. Here’s what you should know about the ridiculously comical collection:

feetpix.wtf nft with nft evening banner

What on Earth is the Feetpix.wtf  NFT Collection?

On January 8, 2023, the Feetpix.wtf collection sold out and became the 5th most-traded collection on OpenSea on Tuesday. The collection has currently made 778 ETH in volume or about $1 million, over the course of only three days. Further, Feetpix’ floor price hit a high of 0.135 ETH before it lost some momentum. However, its volume has increased 88% in just the last six hours alone, resulting in a 0.087 ETH floor price.

Feetpix NFT

An NFT collection of pixelated feet topped the charts on Tuesday. Is this a bullish or bearish sign?

What’s causing this surprising yet predictable pump? It’s surely not the utility or roadmap of the collection since, funny enough, neither exist.  “0 roadmap, 0 promises, 0 marketing, 0 paid influencers, 1 common love of feet,” Feetpix tweeted. Perhaps owners adored the perfect placement of pixels that make up each of the collection’s NFTs. Or maybe “degen season” is back and stronger than ever.

All in all, the Feetpix collection is everything you expected it to be. It’s nothing more than a humorous collection of a wide variety of unique digital foot pictures with a range of peculiar attributes. The NFT community on Twitter had a lot to say about the recently trending collection. Nevertheless, it’s difficult to say whether this is a bearish or bullish sign.

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10 Funko Pop NFTs You Need In Your Digital Collection https://nftevening.com/10-funko-pop-nfts-you-need-in-your-digital-collection/?utm_source=rss&utm_medium=rss&utm_campaign=10-funko-pop-nfts-you-need-in-your-digital-collection Mon, 09 Jan 2023 06:48:06 +0000 https://nftevening.com/?p=88538 Funko Pop NFTs, also known as Funko Pop Digital Collectibles, have become increasingly popular in recent years. These non-fungible tokens (NFTs) represent digital versions of the physical Funko Pop collectible

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Funko Pop NFTs, also known as Funko Pop Digital Collectibles, have become increasingly popular in recent years. These non-fungible tokens (NFTs) represent digital versions of the physical Funko Pop collectible figurines, featuring popular characters from movies, TV shows, video games, and more. The popularity of Funko Pop NFTs can certainly be attributed to their limited edition status and the ability to own a unique digital asset to be bought, sold, and traded. Correspondingly, the price of Funko Pop NFTs varies, with some selling for a few dollars and others reaching into the hundreds.

What are Funko Pop! Digital Collectibles?

Funko Pop Digital Collectibles are non-fungible tokens featuring Funko’s stylized figures. Collectors purchased them in packs for $9.99 and contain a chance to reveal a rare Funko Digital Pop, possibly redeemed for a limited edition physical collectible. Users purchase these NFTs through the Droppp platform using a Droppp account and credit card. Nevertheless, these digital collectibles remain on the blockchain, making them unique and non-fungible assets to be bought, sold, and traded on various NFT marketplaces, specifically on the WAX network.

 

Are Funko Digital Collectibles NFTs?

Yes, Funko Digital Collectibles exist as NFTs, or non-fungible tokens. Digital collectibles cannot be exchanged for another item of equal value, being unique. Meanwhile, NFTs remain on the blockchain, helping to ensure their authenticity and ownership.

Scooby Doo x Funko NFT digital collectibles featuring Scooby Doo and Shaggy.

Scooby Doo x Funko NFT collection was one of the most popular to sell out.
Image Credit: Funko

Top 10 Funko NFT Collectibles On the Market

Power Rangers

Based on the popular TV show and movie franchise, these Funko Pop NFTs feature characters from the Power Rangers universe. The Power Rangers collection surely brings nostalgia to devoted collectors from the 90s series. A total of 450,000 NFTs launched on August 23, 2022.

Looney Tunes

These Funko Pop NFTs showcase classic characters from the Looney Tunes animated series, such as Bugs Bunny and Daffy Duck. The Warner Bros classic collection released a total of 300,000 NFTs on September 20, 2022.

Game of Thrones

Game of Thrones collection launched on October 4, 2022 with a total of 625,000 NFTs. Fans of the hit TV show and book series own NFTs featuring their favorite characters, such as Jon Snow and Daenerys Targaryen. Undeniably one of the most meaningful and awaited collections from the Funko Pop brand.

Daenerys Targaryen NFT from the Funko Pop collection.

Daenerys Targaryen, one of the most expected NFT characters from the Game of Thrones collection.
Image Credit: Funko

Jay and Silent Bob

Based on the characters from the popular Kevin Smith movies, these Funko Pop NFTs. Must-have for fans of the franchise. The collection featured 130,000 NFTs launched on July 26, 2022.

My Little Pony

These NFTs feature characters from the beloved My Little Pony animated series, including Twilight Sparkle and Pinkie Pie. Devoted fans sold out the collection of 360,000 NFTs released on June 28, 2022.

Avatar Legends

The Avatar Legends collection based on the characters from the Avatar: The Last Airbender and The Legend of Korra animated series. The collection obviously features Aang, Bolin, and Kuruk, with a total of 625,000 NFTs released on August 9, 2022.

Avatar Legends x Funko Pop NFT collection featuring Fire Nation Aang.

Fire Nation Aang NFT represented the Avatar Legends Collection.
Image Credit: Funko

Scooby-Doo

These NFTs feature the beloved characters from the Scooby-Doo animated series, including Scooby-Doo and Shaggy. The 90s TV show collection featured 375,000 NFTs released on March 29, 2022.

Star Trek

The Star Trek collection launched on November 30, 2022 featuring 360,000 total NFTs. Surely, trekkies got to own NFTs featuring characters from the Star Trek franchise, such as Captain Kirk and Mr. Spock.

Transformers

Undoubtedly on of the most awaited collections of 2022, launching a total of 360,000 NFTs on March 15. These Funko Pop NFTs showcase characters from the Transformers franchise, specifically including Optimus Prime and Megatron.

Transformers x Funko digital collectibles featuring a golden Optimus Prime.

A golden Optimus Prime NFT featured in the Transformers collection.
Image Credit: Funko

Iron Maiden

The Iron Maiden Funko Pop NFTs feature characters from the popular heavy metal band, Iron Maiden. The legendary-rock inspired collection released 180,000 NFTs on September 29, 2022.

Power Rangers x Funko Pop NFT digital collectibles Green Ranger character.

Iconic collections like Power Rangers known for being popular among collectors. Image Credit: Funko

How does the Funko Pop! Ecosystem Work?

The Funko Pop ecosystem includes both physical and digital collectibles, as well as a range of merchandise and other products. Physical Funko Pop figurines sold in stores and online, and can also be purchased as part of special collections or bundles. Funko Pop NFTs can be bought on Droppp directly on release, directly with your credit card.

Funko NFTs use the WAX (Worldwide Asset eXchange) network. This decentralized platform enables anyone to operate a fully functioning virtual marketplace with zero investment in security, infrastructure, or payment processing. Consequently, they can be traded on marketplaces within the WAX network, allowing collectors to buy, sell, and trade their digital collectibles with others around the world. Overall, collectors consider the WAX network to be safe and reliable place for people to trade digital collectibles.

How do I redeem my physical Funko NFT?

To redeem your physical Funko NFT, you must first wait 120 days after the series of Digital Pop! drops. Afterwards, you need to wait for a Redemption Token to be deposited into the wallet of the current owner of the Digital Pop! Only one Redemption Token exist per redeemable Digital Pop! or qualifying collection. With the Redemption Token in your account, you have 30 days to redeem it for a physical Funko collectible figure. Redeeming the token “burns” it and disappears from your wallet. Lastly, Funko Pop ships physical collectibles to US and international customers, but shipping fees may apply. Some restrictions may apply as well depending on the country the client lives in.

What happens to unredeemed Funko Collectibles?

If a Funko Pop NFT fails to be redeemed within the specified timeframe, it expires and the redemption code becomes invalid. Nevertheless, the NFT itself still exists as a digital asset and can be bought, sold, and traded on the NFT marketplace, although its not eligible for redemption for the physical item anymore.

Star Trek x Funko Pop NFT digital collectible physical edition.

Collectors can redeem the physical version 120 days after the drop.
Image Credit: Funko

Can you trade Digital Funko NFTs on a marketplace?

Yes, they can be traded on various NFT marketplaces that operate on the WAX network. These marketplaces are specifically AtomicHUB, NeftyBlocks, and NFTHive. These marketplaces allow users to buy, sell, and trade NFTs using WAX token. Always keep in mind to use compatible wallets like WAX Cloud Wallet and avoid having trouble login into these marketplaces.

How do I buy a Funko NFT?

To purchase a Funko NFT, set up a Droppp account at the official Digital Funko website. You the purchase them using your Droppp account with a credit card, Apple Pay, or Google Pay. Collectors have two purchasing options: the Standard Pack containing 5 NFTs for $9.99 or the Premium Pack with 15 NFTs for $29.99. Users also download the TokenHead app to track and manage their purchases, specifically through their Droppp account. While Funko NFT purchases may have purchase caps, you can re-enter the queue for multiple transactions during the drop. You can trade Digital Funko NFTs on any WAX NFT marketplace.

 

Looney Tunes digital collectibles Standard Pack and Premium Pack.

Drops have the Standard Package and the Premium Packages, containing 5 and 15 NFTs respectively.
Image Credit: Funko

 

How do I sell a Funko NFT?

Firstly, to sell a Funko NFT on a WAX marketplace, research the current market prices to determine a competitive selling price. Once you decide on a selling price, list your NFT for sale on a WAX marketplace.

In conclusion, Funko Pop NFTs have become a popular and highly sought-after type of digital collectible. These non-fungible tokens, or NFTs, represent digital versions of the physical Funko Pop figurines and feature characters from a wide range of pop culture franchises. Clearly, Funko has the edge when it comes to leveraging Brand IP and for them, this is just the beginning.

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Nouns NFT Project: About The cc0 Pioneers https://nftevening.com/nouns-nft-project-about-the-cc0-pioneers/?utm_source=rss&utm_medium=rss&utm_campaign=nouns-nft-project-about-the-cc0-pioneers Wed, 28 Dec 2022 09:31:42 +0000 https://nftevening.com/?p=88488 Nouns is one of the most unique NFT projects in the space, making it a popular choice among collectors. As a cc0 NFT from Nouns DAO, the collection offers open-source

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Nouns is one of the most unique NFT projects in the space, making it a popular choice among collectors. As a cc0 NFT from Nouns DAO, the collection offers open-source IP. Thanks to this, the NFTs have already made their way into toys, beers, and even movies. Although they are 2D pixelated NFTs like CryptoPunks, their unique distribution method stands them apart. 

In this guide, we’ll take a deep dive into what Nouns NFT project is all about. We’ll also explore: What is the Nouns DAO? How to buy a Nouns NFT? Who created Nouns? And much more. So, let’s dive right in!

nouns nft characters with nftevening created thumbnail

How is the Nouns project shaking up the NFT space?

What is the Nouns NFT project?

Nouns is a generative art NFT project from the decentralized autonomous organization, Nouns DAO. According to the project’s website, “Nouns are an experimental attempt to improve the formation of on-chain avatar communities.” In essence, the project aims to “bootstrap identity, community, governance, and a treasury that can be used by the community.”

Meanwhile, all the proceeds from the NFT sales go to the Nouns DAO treasury. These funds are later used to fund real-world public goods. 

The collection is one of the leading cc0 (or Creative Commons Zero) projects, with Nouns artwork in the public domain. In other words, the NFT creators have relinquished the artwork IP rights, enabling anyone to use the artwork in pretty much any way they want. 

How many Nouns NFTs are there?

Unlike typical NFT projects, Nouns does not have a pre-defined, finite supply of NFTs. Instead, the team auctions one Noun every 24 hours, forever. The project uses what they call a “Nouns Auction Contract”, which functions as a self-sufficient NFT generation and distribution mechanism. Furthermore, every time an auction is settled, it triggers the mint of a new Nouns NFT. 

At the time of writing, a total of 557 Nouns NFTs were sold. All in all, they have generated around 7.8 million in trading volume so far. 

A Nouns NFT auction featuring pink and blue pixel art avatar

A Nouns is born every day.

Who created Nouns?

Nouns DAO founders, or ‘Nounders’, as they call themselves, created the Nouns NFT project. Reportedly, the project takes inspiration from last year’s tweet by punk4156. At the time, the anonymous user sought community members’ interest in creating an “all-star DAO to build a new avatar project.” 

After many showed interest, punk4156 explained the concept behind Nouns in a Twitter thread in June 2021. Later, a group of 10 Nounders officially set up the DAO on August 17, 2021. 

What is the Nouns DAO?

The Nouns DAO is a decentralized autonomous organization based on the Ethereum blockchain. The primary governing body of the Nouns project, the DAO uses a fork of Compound Governance, an autonomous protocol. 

Each Nouns holder is an automatic member of the DAO, owning one vote per NFT. Meanwhile, each founding member gets every tenth Noun (or 10%), for the first five years as reward. All the funds, ultimately, go to the Nouns DAO treasury. Currently, the treasury boasts around 28,000 ETH (or about $34 million at the time of writing) in funds. 

While there’s no limit on the number of Nouns a member can own, they must hold at least two Nouns to submit proposals. Each holder can then vote on various proposals for the treasury to support. The founders, however, have veto rights to overthrow any malicious proposals.

Some of the previously funded proposals include featuring Nouns in a Super Bowl commercial, a comedic film featuring Nouns DAO, and a Nouns coffee. A proposal for an NFT-funded European fiction movie was also passed.

How to buy a Nouns NFT

Since a new Nouns NFT is auctioned every 24 hours, the collection keeps growing. Therefore, if you have sufficient funds, you can always try your luck by bidding for a Nouns during its daily auctions on the project’s website. 

Alternatively, for a slightly lower price, you can buy a Nouns NFT on secondary marketplaces like OpenSea or Rarible. Mind you, this is still not cheap; the current floor price is 35 ETH (about $42,600). Since only one NFT is released daily, they are in high demand; hence the comparatively high floor price. 

Different 2D pixelated avatars

The project has auctioned 557 Nouns so far.

What Are Lil Nouns?

Launched early this year, Lil Nouns are a new generative NFT collection from the Nouns DAO. Essentially, these are smaller versions of the OG Nouns NFTs. In other words, they also feature similar pixel art styles and are cc0 NFTs. While quite alike to their parent collection, Lil Nouns are dropped every 15 minutes for eternity. 

The collection also has its own DAO, called Lil Nouns DAO. It focuses on creating a “new layer within the Nouns ecosystem:Nouns as kids.” In effect, the DAO’s aim is to introduce more people to Nouns. As with its parent collection, all auction proceeds go to the Lil Nouns treasury. Both Lil Nounders and Nouns DAO receive rewards in the form of Lil Nouns NFTs. 

Nouns NFT project animated characters

A final word

Nouns NFT’s unique features make them a first-of-its-kind project in the space—a much-needed, refreshing change in the NFT ecosystem. That said, in terms of overall NFT collection rankings, the project takes the 359th spot, according to DappRadar. Although they are much behind popular NFT projects, it obviously doesn’t mean Nouns are a bad investment. 

As previously mentioned, the project supports some interesting real-world activations and experiences. Therefore, investors interested in these kinds of perks might find Nouns NFTs a good investment choice. Nonetheless, as always, do your own due diligence before making any investment decisions.  

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‘Who is Wagmi-San?’ and Everything Else You Need To Know About 10KTF NFTs https://nftevening.com/who-is-wagmi-san-and-everything-else-you-need-to-know-about-10ktf-nfts/?utm_source=rss&utm_medium=rss&utm_campaign=who-is-wagmi-san-and-everything-else-you-need-to-know-about-10ktf-nfts Mon, 26 Dec 2022 11:29:52 +0000 https://nftevening.com/?p=88301 10KTF is an NFT project telling the story of Wagmi-San and his 10k True Frens. Wagmi-San is a globally renowned fictional digital craftsman responsible for the NFT world’s most grailed

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10KTF is an NFT project telling the story of Wagmi-San and his 10k True Frens. Wagmi-San is a globally renowned fictional digital craftsman responsible for the NFT world’s most grailed accessories. An expert craftsman, Wagmi-San is a man of honor, and only creates accessories for owners of parent NFTs. These artifacts are 1-of-1 digital pieces that can only be created once. The project is created by NFT icon Beeple and his company WENEW Labs. WENEW was later acquired into the Yuga Labs ecosystem earlier this year.

The 10KTF community has over 70k followers and on Twitter, and over 35k members on Discord. Together as a community, 10KTF members go on missions to earn points, and rewards, and bring the story forward. For their participation, the community earns various rewards such as badges, materials, free Airdrops, and $APE coins.

What Is 10KTF NFT Project?

10KTF is a fictional digital fashion shop in a “New Tokyo” universe. World-famous artisan Wagmi-san runs the shop. It offers top-of-the-line accessories and digital merch to the top NFT collections on Ethereum. Some of the collections include merch for ON1 Force, Bored Ape Yacht Club, CryptoPunks, Moonbirds, Nouns, and many more.

The 10KTF is an NFT project that was launched on September 17, 2021. The digital shop exhibits unique metaverse wearables for holders of top NFT projects. There are also 20,373 total items in the collection currently. According to the official website, the 10KTF NFT uses a purpose-built ERC 721 agreeing smart contract to allow users to prepare derivative NFTs from their current NFTs.

The 10KTF smart contract assures that only the existing owner of the NFT can build the derivative NFT accessories. Moreover, you can only mint one NFT for each related parent NFT. Each 10KTF item is a unique 1-of-1 artifact. The NFT is attached one-to-one with the parent project NFT.

Who Created 10KTF?

The team behind the NFT project is the blockchain tech company WENEW. The WENEW platform is co-founded by iconic artist Beeple and brings memories into the metaverse via engaging experiences. WENEW also has collaborated with Louis Vuitton to release a game where players can win LV NFTs. They are responsible for the first-ever Louis Vuitton metaverse experience. The team of WENEW is as follows

  • Mike Winkelmann (Beeple) — Co-founder – Digital artist with over 14 years of experience. Sold the most expensive NFT of all time to a single buyer at auction for $69m
  • Michael Figge — Co-Founder – Ex-creative director for POSSIBLE, a company that gives a visual identity to the world’s biggest artists. Previously worked with Ariana Grande, Justin Bieber, Childish Gambino, and Paul McCartney, among others.
  • Tim Smith — Co-Founder – Managed music artists such as Mary J Blige, Korn, Limp Bizkit, Linkin Park, and Rob Zombie.
  • Guy Oseary — Co-Founder – Insane track record, also worked managing artist brands including Madonna as well as producing the Twilight series. Also managed baseball stars such as three-time American League MVP Alex Rodriquez, helping him win his first World Series Championship.
  • Paul Billings — COO – Has extensively worked in the music industry.
  • Randy Chung — Chief Technical Officer – ex-Chief Architect for Treez Inc, a company worth over $250 million.
  • Nikki Jahanforousz — VP of Brand – Previously worked in production for HBO, ex-creative producer for brands such as GUCCI, New Balance, etc.
  • Lisa King — VP of production  –  Worked within music, art, and tech. Led global League of Legends esports events for over three years.

This stellar team shares a long list of achievements and an essential network within multiple industries, companies, and artists.

But Who Really Owns The 10KTF Brand?

The digital spearhead for the brand is their fictional character Wagmi-san. Wagmi San owns a shop that creates accessories for Apes, Cats, Wizards, Toadz and other collections. Although, the real name behind the 10KTF brand is still unknown. Furthermore, even with all this popularity, the identity of the actual founder of 10KTF is still hidden. Some of the potential leaders of the brand:

  • WeNew
  • Beeple
  • Gucci Collab Team
  • ApeCoin

No further details about the actual owner(s) of the brand are available.

Who Owns 10KTF now

Earlier this year, Yuga Labs acquired the 10KTF brand. WENEW co-founder and CEO Michael Figge is now the Yuga Leadership team’s newly appointed Chief Content Officer, with Beeple in an Advisory position. Yuga Labs welcomed Wagmi-san into its Otherside metaverse with an official announcement tweet as below:

Who is Wagmi-San

Wagmi-san is a fictional world-famous craftsman. Wagmi-san creates accessories for Apes, Cats, Wizards, and Toadz, and other collections as per his mood on any particular day. 10KTF NFT is a quick success story in the industry, and the future of the brand is now also in the hands of one of web3 entertainment’s leading names – Yuga Labs.

The Beeple founded project has seen immense success and support from various communities along the way. Amazingly, 10KTF can also use many additional NFT communities when building these items which set this project apart from many others.

How The 10KTF Ecosystem Works

Essentially, the 10KTF shop makes items for partnered NFT collections. Each item in the 10KTF collection needs the user to hold the related parent NFT to build their derivative accessories. For example, only holders of a Bored Ape can design and mint an Ape High Top. Moreover, each item can only be minted once for each NFT. This means only one “Ape High Top” can be minted for a particular Bored Ape.

This also means that there can only be a maximum of 10,000 Ape High Tops built, one for each separate Bored Ape. Additionally, Wagmi-san’s clients that keep 10KTF Stockroom tools and materials can now utilize them to create blank items. Blank items can be utilized to build their preferred derivative NFT.

Blanks & Tools: What Are They?

Blanks & Tools are crafting materials for different items and collections. Firstly, Blanks are digital objects made by Wagmi-san that can be returned to the 10KTF shop to finish the artwork of the chosen parent NFT. To do this, you must own the parent NFT in the same wallet as the blank and it must be a collection supported by 10KTF.

Tools on the other hand can be used to craft blank NFT items such as hats, backpacks, and other items. These items can also combine with certain parent NFTs (such as Bored Apes) to create a unique item. Only holders who own certain parent NFT avatars like BAYC can craft 1/1 items that incorporate the parent NFT.

At the time of writing, the Wagmi-san and supports blanks for the following collections:

  • 0N1 Force
  • Bored Ape Kennel Club
  • Bored Ape Yacht Club
  • Cool Cats
  • CrypToadz by GREMPLIN
  • CryptoPunks
  • Gutter Cat Gang
  • Meebits
  • Moonbirds
  • Mutant Ape Yacht Club
  • Nouns
  • Pudgy Penguin
  • Forgotten Runes Wizards Cult
  • Wolf Game
  • World of Women
  • World of Women Galaxy

Currently, the official 10KTF website only supports Metamask. To use 10KTF users should load the wallet that holds their NFTs into Metamask. There are 22.2K items available, the total volume is 10.3K and the floor price is 0.65.

Collaborations

Gucci Grail: Post the success of the legendary fashion brand’s entry into the metaverse with “Gucci Vault”, the brand launched a collaboration with 10KTF called “Gucci Grail”. The narrative also sees Gucci’s creative director Alessandro Michele traverse through New Tokyo to create two outfits inspired by the real-life Gucci Love Parade and Gucci Aria collection.

Puma: A partnership with the iconic shoe brand launched earlier in June of this year. Puma launched a new release of one of its classic sneakers with 10KTF.

an image of old man Wagmi san smiling inside his 10KTF NFT shop in the New Tokyo metaverse

How To Buy a 10KTF NFT?

10KTF NFTs can be purchased directly via OpenSea. The floor price of the 10KTF NFTs are at ~0.32 ETH at the time of writing. Also, the project has over 12,500 ETH total volume as well.

Last Thoughts From Wagmi-San Himself

Wagmi-san is a digital leader on all fronts in the Yuga/WENEW ecosystem. One of the friendliest and most well-known faces in the metaverse. Moreover, the handcrafted material he concocts is a quality item for any wallet. Additionally, the well-built team is on a mission to change the way we interact with the metaverse. It is also no far cry to call Yuga Labs one of the best storytellers in the game.

“10KTF leads the way in how the web3 world interacts with their PFPs. This level of interoperability gives holders a way to reflect their online identities,” says Michael Figge, CEO, and co-founder of Wenew Labs. “In the last year, our community has shown long-term engagement and we’re proud to reward them for their dedication.”

Currently, Wagmi-san has gone missing, you can follow up on all the latest events by following the official Twitter of the 10KTF shop.

The post ‘Who is Wagmi-San?’ and Everything Else You Need To Know About 10KTF NFTs appeared first on NFT Evening.

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Valhalla NFT: The Hyped Anime NFT Project of 2022 https://nftevening.com/valhalla-nft-the-hyped-anime-nft-project-of-2022/?utm_source=rss&utm_medium=rss&utm_campaign=valhalla-nft-the-hyped-anime-nft-project-of-2022 Sun, 25 Dec 2022 11:49:29 +0000 https://nftevening.com/?p=88290 Valhalla is a NFT collection project of 10,000 anime-inspired NFT avatars. The collection is created by Stacked Studios and runs on the Ethereum blockchain. According to its official OpenSea page

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Valhalla is a NFT collection project of 10,000 anime-inspired NFT avatars. The collection is created by Stacked Studios and runs on the Ethereum blockchain. According to its official OpenSea page “Valhalla represents more than a collection of digital avatars. It represents decades of gaming culture: the clutch plays, the ELO grind, the OT wins.” The Valhalla NFT project aims to redefine web3 gaming in a major way. There are five core character types in the collections, namely – Human, Toxic, Mech, God, and Demon.

8,510 NFTs are Humans (the most common) in the collection. Furthermore, there are 645 Toxic and 647 Mech-type Valhalla NFTs. The collection is rounded out with 99 God-type and 99 Demon-type Valhalla NFTs. Valhalla holders get exclusive access to Stacked Studio offerings. Valhalla is also a utility-enabled PFP project for gaming and streetwear enthusiasts. NFT holders have access to an exclusive community, events, and digital drops. Read this full guide for all you need to know about Valhalla NFT!

valhalla nft character with nft evening created thumbnail

What Is Valhalla NFT?

Valhalla is a crypto-native brand for gamers. According to the project’s discord, VALHALLA is “an NFT project building a community for gamers around the world.” They are building a tailor-made experience for their members who are passionate about gaming and culture.

In the last 30 days (as of the time of writing), Valhalla has accumulated over $15 million in total volume! According to DappRadar, it is also the 6th best-performing collection in the last month on the Ethereum network. With over 12K ETH total sales and 3K unique holders, the project still mints with a floor price of 1.13 ETH. Valhalla has 38% unique owners with 17% of its collection re-listed.

Their official launch video follows two characters going through a futuristic Cyberpunk meets The Matrix-type world. The pair navigate through multiple timelines and dimensions along the way. Some of these include Blade Runner-Esque futuristic cities, to castle lairs with a huge dragon. The video then ends with the two protagonists in a snow-washed forest.

 

Please note that the Valhalla NFT game is not the same as another project of the same name. The other project is an upcoming Scandinavian themed project. This NFT project also caters to the gaming community but with its own game. The project is a browser-based play-to-earn RPG game.

Who Created Valhalla?

Valhalla is a top-tier NFT gaming project founded by Alex Lin, who also founded Stacked Studios. Stacked Studios is a Los Angeles-based Web3 startup studio building a decentralized live-streaming platform. The NFT project is built by a team of 11 full-time employees at Stacked Studios. The group has immense web2 and web3 experience, coming from prestigious institutes including MIT. Some of the team also come from the world’s top companies – Microsoft, Uber and Goldman Sachs, etc.

The fully doxxed team is as below:

  • Alex Lin – CEO
  • Ryan Wen – Chief of Staff
  • Victor Cheng – SR Software Engineer
  • Samantha Chow – Product Manager
  • Terry Kang – Software Engineer
  • Roberto Berwa – Software Engineer
  • Ding Zhang – Lead Software Engineer
  • Matt Henderson – Software Engineer

Some of Valhalla’s gaming partners are as follows:

  • Wardell – Pro Valorant player
  • JD Gaming – The #1 League of Legends team in China
  • Talon esports – Premier Esports team in Asia-Pacific
  • Sentinels – Esports team (Valorant, Fortnite, Halo, Wild Rift, and Apex Legends
  • T1 Esports – 3x World Champions (League of Legends)

a screenshot of different anime characters from the Valhalla NFT project

What’s Special About The Valhalla Community?

The Valhalla NFT project positions itself to become the number one gaming NFT community in the world. Valhalla ran a unique application process for their mint. Existing members sent out referral codes to friends, so the application pool grew purely by word of mouth. This unique model saw the project generate over 11,000 applications, making it a huge web3 success story!

Currently, the project has over 24,000 members on their active Discord server. Valhalla NFT holders also gain access to certain Discord channels that non-holders can not enter. Users without a Valhalla NFT can only access the basic Discord server.

Moreover, according to Valhalla’s official NFT  Twitter, the project has over 48,000 followers since May 2022. But beware, a lot of fake accounts of the project are already on social media. Collectors must follow their official accounts to avoid scams and fraud.

Valhalla vs Azuki NFT: What Happened?

The web3 brand has also faced its fair share of conspiracy. And this one is up against another well-known Anime-themed project – none other than the top NFT collection Azuki. The whole thing started out when crypto detectives NFT Ethics wrote a detailed thesis on both these projects. Apparently, both the projects have the same founders and Valhalla would be nothing more than a scam. Of course, both the projects’ communities became dragged into this, and it spiralled into controversy.

For those unfamiliar, Azuki is a digital brand associated with 10,000 avatars. It is the first of its kind, top Anime-themed avatar collection to ever exist. Since its release, the project has constantly innovated in the space, bringing new and improved technologies to further its expansion into web3. Many consider Azuki to be at the forefront of web3 innovation still. The founder of Azuki is Zagabond alongside co-founder HoshiBoy. And this, as NFT Ethics points out, is the source of the controversy.

Valhalla NFT Founder Alex Lin also founded Stacked Studios. In their original thread, NFT Ethics claims that Alex Lin and HoshiBoy are the same people. This is because both have similar biographies on their official websites. The official Azuki website displays Hoshiboy as a design lead who “did Y-Combinator twice”. Whereas, on Alex Lin’s official Twitter, it states that he’s a 2x Y-Combinator founder. Alex Lin’s profile previously also showed him as the design lead.

But things took a turn when the community responded to NFT Ethics. In fact, they debunked this theory themselves in the next thread they put out. They state that Alex Lin and Hoshiboy are not the same people but rather “long-term business partners”.

However, the response from various community members and the majority of people was disagreement.  They called NFT Ethics out saying that all of this is an overthought conspiracy theory. Some even claim that NFT Ethics has a personal agenda against both collections. Moreover, they also said someone paid NFT ethics to stir the drama to negatively impact both Valhalla and Azuki NFT collections.

Although, it is undeniable that both collections do share similarities in their art style. The characters of both collections are anime-theme avatars. Each NFT in both their collections only has side profiles shown. Additionally, both projects cater to web3 gaming as well. It wouldn’t come as a surprise to anyone to compare and contrast both these projects. But there are no limits to web3 and having one Anime themed collection does not mean someone cannot make another successful one in this space.

The Future Of Valhalla

Valhalla has built a tight-knit community on both Twitter and Discord since its launch. With over 11,000 applications for early access, the gaming partnerships they’ve already formed, the team’s background, and the overall quality of the brand, it’s safe to say this is a long-term-minded project. The NFT team builds for the far future and caters to one of the most profitable sectors on the blockchain – web3 gaming.

Additionally, Valhalla is already funded with years of runway and will predictably integrate well into the Stacked Studios ecosystem. In September, Pantera Capital led a $12.9 million Series A funding for Stacked Studios. The innovations and future prospects of Valhalla are a promising path for its web3 community.

The project has also introduced a “VALHALLA ARMORY” project alongside re-rolling traits. This means that NFT holders can now look for different traits for the same NFTs. This is an innovative feature by Valhalla. Furthermore, this announcement was also followed by a marketplace announcement, indicating a marketplace release scheduled for January 2023. The team claims that “Valhalla is also a web3-native tech platform. The Armory is a novel experience we want to deliver to holders, while pushing the pace of technical innovation.”

This is just the beginning for the anime-themed pfp collection, but there are already promising signs of tech innovations within this project! This is the beauty of web3 and Valhalla should be a must-check project for any NFT collector!

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What Is Binemon And Could It Be The Next P2E Success Story? https://nftevening.com/binemon-nft-game/?utm_source=rss&utm_medium=rss&utm_campaign=binemon-nft-game Sat, 03 Dec 2022 00:59:15 +0000 https://nftevening.com/?p=80589 If you’re looking for a pet-themed P2E game, Binemon can be the perfect option! Often compared to Axie Infinity, this blockchain experience has multiple gameplay options, clever tokenomics, and countless

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If you’re looking for a pet-themed P2E game, Binemon can be the perfect option! Often compared to Axie Infinity, this blockchain experience has multiple gameplay options, clever tokenomics, and countless trading opportunities. What’s more, Binemon suits both beginners and experienced players thanks to its intuitive user experience, token rewards, and a land-based structure.

But can you make money using the Binemon token as people claim? Is Binemon actually free to play? Further, can this become the new Axie Infinity? We’ll answer all of those questions and teach you how to play Binemon in this post – so let’s get started!

digital poster of a pet NFT game logo and several pet characters

Binemon is the latest P2E pet game to take over the NFT market with a new token, land, and multiple gameplay options!

What is the Binemon NFT game?

Binemon is an NFT-powered video pet game featuring P2E mechanics. The game launched it in July 2021, and it has been expanding ever since, led by their CEO Frank Desifone. In fact, the game has already attracted over 255K players to date – and for good reason.

In essence, users can grow, breed, trade, and battle creatures called ‘Binemons’. Players can unite to create guilds and conquer lands to build their own castles and attract masters. Furthermore, each player can also get land to build a house.

Of course, the game’s dedicated marketplace, tokenomics, and multiple gaming options enhance this P2E journey.

All in all, Binemon offers a complete blockchain experience – but how do you actually play this game as a beginner? Let’s find out:

screenshot from the Binemon NFT game

Each Mon NFT comes with different skills and abilities that players can enhance with in-game items.

How can you play Binemon?

The first step in order to join Binemon is to get a Binemon NFT pet. There are two options:

  • Get a MON egg NFT that will hatch and become your pet;
  • Buy a fully-grown pet NFT.

Right now, eggs and pets NFTs are available on the game’s marketplace. Each item comes with different traits and rarities that influence your in-game performance. For example, Binemons have 10 body parts that define their rarity. The rarer your pet, the stronger it will be during battles and tournaments.

Want to raise a strong Binemon? You can hatch Mon eggs using Ambrosia (AMB). Similar to a Pokeball, this in-game item helps you get rarer eggs, which means more valuable pets!

Right now, there are two ways to play the video game: PvP (Player vs. Player) and PvE (Player vs. Environment). Luckily, you can enjoy any option on both desktop and mobile anytime – here’s how:

 

Where can you play the game?

Luckily, Binemon is available for desktop, Android, and iOS devices so you can stay connected anytime.

For mobile devices, all you have to do is download the Binemon app and enter your login data. If you’re a new player, simply complete the Binemon registration form on the website’s desktop version and you’re all set!

Now that you’re in the game, it’s time to start earning $AMB or $BIN -Binemon’s main tokens. If you’ve never heard of them before, here’s a breakdown:

image of several Binemon pet NFTs engaging in a battle on a plot of land

The Binemon game is available for desktop, iOS, and Android devices.

Which are the Binemon tokens?

Initially, DRK was the utility token players use within Binemon. Recently, though, the game also introduced Apple ($AMB) as a new utility token. There are three ways to get this coin:

  • receive in-game rewards;
  • engage in battles;
  • raise and trade Binemon pets.

You can use Apple tokens ($AMB) to trade NFTs within Binemon’s marketplace. What’s more, you can also exchange these coins for other cryptocurrencies. .

However, Apple ($AMB) isn’t the only token used in Binemon. The game also features $BIN tokens for governance. This means each BIN holder can vote for important project decisions in the project’s ecosystem. Right now, one BIN token is priced at $0.002341. Notably, you can buy or exchange Binemon $BIN tokens via PancakeSwap.

In other words, both tokens secure the game’s economy as players become part of its ecosystem. But how much do you have to pay in order to play Binemon?

image of the official Binemon logo regarding its new token APPLE and a pet NFT

Binemon has recently introduced the Apple token ($AMB) to upgrade its tokenomics.

How much does it cost to play Binemon?

Although Binemon doesn’t require great investments overall, you must purchase your egg or fully-grown pet NFT as a beginner. You can buy Egg NFTs directly on the website.

Want a fully-grown pet NFT instead? You can head over to the game’s marketplace and buy one from another player. In this case, prices start around 25 $AMB (around $5 USD – refefence price from March 29, 2023) for the lowest-ranking pets. In other words, the rarer the pet, the more expensive it gets.

However, note that higher-ranking pets (such as the Super Rare ones) have better endurance and strength. This means they might boost your performance in duels and tournaments faster than their cheaper alternatives. Later on, you can reinvest your token rewards to buy more Mons or skills and strengthen your pets. Of course, you can invest in Ambrosia too.

Last but not least, you can invest in land plots to build your home or start building a castle with your guildmates. However, this option isn’t mandatory for beginners.

Finally, making a small investment at first can go a long way. With a pet (or hatched egg) NFT and Ambrosia, you’re ready to start earning!

screenshot from the official Binemon NFT marketplace where users can buy pet NFTs with the APPLE token

Players can buy and sell pet NFTs and other in-game assets using the new Apple token ($AMB) via the Binemon marketplace.

Can you make money on Binemon? If so, how?

Binemon offers a P2E experience, which means you can earn money by playing the game. Your earnings will vary depending on the gameplay you choose, as well as your trading abilities. Here are the main ways to make money with Binemon:

1. Choose the PvP mode

For example, the PvP (Player vs. Player) mode involves fighting against other players using your Mons. As a winner, you’ll be rewarded with BIN tokens redeemable to your wallet.

2. Choose the PvE mode

Meanwhile, the PVE (Player vs. Environment) mode means you have to fight bosses using your Mons and other resources. Whenever you win a battle, you get rewards – either as Ambrosia or surprise in-game items. Each player can trade these items on the dedicated marketplace to make profit.

3. Commercialize your home

Binemon allows each player to get land and build their own house. Once the building is ready, you can place commercial ads anywhere for profit. In fact, you can even sell parts of your home (or the entire property) to other players via the marketplace. Then, you may use the land within Binemon to build a castle with your guildmates instead – or build another house and repeat the process!

Remember: you can also trade your Mons and other in-game items for extra profit!

Conclusion

From multiple gameplay options to passive earnings, building properties on land, and engaging tournaments, Binemon creates an immersive P2E experience. Players can create a community to breed pets, build houses and castles, and trade valuable items on a dedicated marketplace. The result? A powerful community ready to take over the Web3 world with more innovative features to come.

Learn More About the Top Blockchain Games:

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20+ NFT Twitter Accounts You Don’t Want To Miss https://nftevening.com/nft-twitter-accounts/?utm_source=rss&utm_medium=rss&utm_campaign=nft-twitter-accounts Thu, 24 Nov 2022 15:22:14 +0000 https://nftevening.com/?p=83526 So you’re looking to learn from the best on NFT Twitter and need help knowing where to start or which accounts to follow? Say no more! We’ve compiled a list

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So you’re looking to learn from the best on NFT Twitter and need help knowing where to start or which accounts to follow? Say no more! We’ve compiled a list of 20+ web3 pioneers and NFT influencers you can follow for statistics, commentary or simply some NFT memes. The NFT Twitter accounts below range from crypto detectives to business tycoons, top NFT traders, and downright degens.

Welcome to the rabbit hole, anon.

NFT Twitter Accounts For Good: Detectives, Analysts and Data Nerds

1. ZachXBT

nft twitter detective Zach XBT

Rug pull survivor turned Crypto detective is a pretty awesome origin story for ZachXBT. Some have called him the “crypto Batman”, an anonymous, mysterious force fighting for justice in the crypto/NFT world. Having exposed NFT projects from foul actors in the space like Tai Lopez, BitBoy Crypto, and many others, ZachXBT is a veteran on-chain sleuth. His latest expose was used by French authorities to track a ring of cyber criminals who stole over $2.5 million worth of BAYC NFTs! @zachxbt

2. OKHotShot

nft twitter influencer ok hot shot

OkHotShot is one of the most active on-chain analysts in the industry. After entering the NFT space in its early days, during the CryptoKitties era, he entered NFT analytics full time after a couple of his friends fell victim to scam projects. OkHotShot (@NFTHerder) is also a massive proponent for NFT education and how NFT enthusiasts can better shield themselves from scams and fraud.

Among the NFT frauds that OKHotShot has unmasked was a fake airdrop scam targeting new traders and collectors. The scammers even managed to display fake transactions to famous accounts like Gary Vee, Snoop Dogg, Pranksy, and more. OKHotShot also covered the famous Pixelmon art reveal scam.

3. 0xquit

nft twitter influencer oxquit

0xQuit (@0xQuit) is a Boring Security Council Contributor and the founder of web3 educational platform “q00ts”. The platform is a competitive landscape that takes place in its own universe. The q00ts platform holds regular competitions and quests for collects and helps users learn more about web3. 0xQuit has delivered on-ground perspectives, scam awareness protocols, and alarmed crypto users of many frauds taking place in the space. One of his latest tweets saw him bring awareness to a fake phishing website via a hack of Digidaigaku CEO’s official Twitter.

4. NFTStatistics.eth

nft twitter account NFT Statistics

NFTStatistics.eth (@Punks9059) is an OG NFT data analyst from the dawn of NFTs. After first hearing about his friends bagging CryptoPunks, he bought in to the FOMO and then looked around to see if he could find statistical data about the different trades in the NFT space. Once the search proved unfruitful, he decided to build his own database. After charting the data, he continued to build his statistics and share them with the world. He also debunks different myths around NFTs and provides concise and often overlooked insights into different projects.

5. NFTGo

nft twitter acct NFTGO

NFTGo.io is a data aggregation platform for Web 3.0, NFT, and gaming communities. The company believes in a permissionless web3.0 future. It provides tools to help users easily discover, access, and follow meaningful and accurate data. This allows the community to seamlessly discover, filter, purchase, and use NFTs. The web3 company is on a mission to ease the onboarding process of people from web2 to the web3 infrastructure.

Top NFT Twitter Influencers You Can’t Miss

6. Gary Vee

nft twitter influencer Gary Vee

Gary Vaynerchuk (aka Gary Vee) built his career recognizing what’s up-and-coming in culture. A wine-seller turned media mogul, he is one of the most popular figures in promoting NFT and web3 culture. He is also a web3.0 thought leader with a vision for the far future unlike any other. His utility NFT collection VeeFriends grant holders real-world utility and access to Gary Vee’s super-conference VeeCon. His global brand has collaborated with various other entities such as Toys’R’Us, Vintage Frames, and more!

7. Zeneca

nft twitter influencer Zeneca

Zeneca (@Zeneca_33) is a true-blue NFT spearhead figure. He grew his 3000 piece collection from scratch to a million-dollar brand in less than a year leveraging the power of web3. Zeneca believes the NFT space needs more utility behind projects owing to saturation of the PFP based influx of low quality projects. Former pro-poker player turned NFT trader, he also runs a unique web3 project: Zen Academy. The academy is on a mission to shine light on the use cases and ecosystem around NFTs and dispel myths and prevent the spread of misinformation in the space. Zen Academy contains different tiers for people looking to enroll. This includes a free-for-view membership, to an exclusive “333” club that allows holders to book Zeneca’s time to discuss business strategies and more

8. Farokh

nft twitter icon Farokh

Farokh Sarmad (@Farokh) is a 27-year old entrepreneur and social media influencer. His ingenuity in building genuine followers, community, memes, and pushing the boundaries of web3 are commendable. He is currently one of the most influential people on NFT twitter, with over 300,000 followers. Farokh is also the founder and CEO of one of the first decentralized web3 media platforms – Rug Radio.

9. Andr3w

nft twitter influencer andr3w

Andrew Wang is a hugely influential figure in the NFT community. Usually recognizable by his upside-down Cool Cat pfp, @andr3w is a top community builder in the space. After discovering how NFTs empower individuals as artists, investors, or community builders, he dropped out of his graduate program and immediately began writing about NFTs and the online economy. He is also a frequent Twitter Spaces host, project advisor, and occasional shitposter.

10. mec.

nft twitter influencer MEC DOT

Mec. is a multi-disciplinary artist in the NFT space. Be it singing, rapping, starting an all-Black punk band in Atlanta, building websites, or making custom furniture, she can do it all! She once built an entire building in Brooklyn out of shipping pallets. She is also a notable web3 educator and works across multiple brilliant projects as an advisor. Mec is also the Innovation Consultant for the massively successful Deadfellaz NFT project. And now, she’s also involved in the newly-announced Nike project, .SWOOSH.

11. Degentraland

nft twitter influencer Degentraland

Degentraland is considered one of the finest degens/shitposters in all of NFT land. Besides this, he leads Metaverse Strategy at blockchain tech Horizen Labs. The “ex-Goldman Sachs simp” is also an advisor for Yuga Labs’ Otherside Metaverse.

12. Ed Balloon

ED BALLOON nft twitter

Known for his presence in twitter spaces, Ed Balloon is a talented musician too

 

Ed Balloon (@Ed_Balloon) is a pioneering web3 musician, singer, NFT artist, and spaces host. He is an authentic music NFT creator who took his time to learn about blockchain tech before getting into the space. His ethereal sounds and artform reflect his real-life experiences and insights about the world around him. Plus, he’s a riot in twitter spaces! Everyone loves Ed for his positive vibes and unique commentary. Not only that, he’s ready to talk to everyone no matter how many followers you have. That’s right, even you anon!

The Top Founders Of Big NFT Projects

13. Gordon Goner, Gargamel, and Emperor Tomato Ketchup

BAYC founders

Gordon Goner, Gargamel, and Emperor Tomato Ketchup are the pseudonyms of BAYC Founders Wylie Aronow, Greg Solano, and Kerem Atalay respectively. The Bored Ape Yacht Club is a grail NFT project and has remained a top project since its debut. The founders are always building with the community and are at the forefront of the NFT narrative.

14. Clon and Evan Luza – cool cats

Clon and Evan of Cool Cats

Evan Luza (aka Elu) calls the Cool Cats NFT project “Hello Kitty meets Pokémon on the blockchain.” Co-founder Clon attributes the design of the Cool Cats to a few sketches from his late teenage years. The 10k Cool Cats collection have become a highly coveted NFT in the space.

15. burnt toast – doodles

nft twitter influencer Burnt Toast

Burnt Toast is the working alias for Scott Martin, a Canadian–based illustrator, designer, animator and muralist. His hugely successful collection Doodles has become a household NFT name and a multi-million dollar brand. The project onboarded Grammy Award-Winning artist Pharell Williams as its Chief Brand Officer earlier this year.

16. Kevin Rose – Moonbirds

Kevin Rose

Kevin Rose is the founder of Moonbirds – the owl based PFP project that took the NFT space by storm. With a following of over 1.6 million people on Twitter, Kevin is a leading figure in the NFT industry. He is also a serial entrepreneur  and has launched various apps like Oak, a guided meditation app, and Zero, an app for tracking intermittent fasting, among many others. The Moonbirds NFT project drew in over 100,000 ETH (>$300 million) in secondary sales at the time of launch.

17. Betty – Deadfellaz

Betty of Deadfellaz

Betty (@betty_nft) is the founder of Deadfellaz. Deadfellaz is an NFT collection of 10,000 unique zombies minted on the Ethereum blockchain. The project sold out within 20 minutes of launch in September 2021, and has been one of the highest traded digital assets in the space. The evolving metaverse brand has plans to span across multiple industries including apparel, music, media and gaming.

18. Yam Karkai – world of women

World of Women founder

Yam Karkai is a digital illustrator and NFT artist responsible for onboarding a whole new wave of women in web3 and the mainstream NFT scene. World Of Women aims to empower women to explore and educate themselves about web3. Furthermore, it was the first collection to gain the respect of top celebrities like Reese Witherspoon too! Before stepping into digital arts, she worked as a waitress, scriptwriter, and even a translator for legal documents.

19. Wab and Camol – sappy seals

Camol (@camolNFT) & Wab (wab.eth) are co-founders of the meme culture based Sappy Seals NFT project. Wab is a culture-bringer in the space and talks a lot about the elements in the crypto and larger NFT space. Camol is also the founder of “Pixlverse.” This is an interoperable metaverse that supports various NFT projects all at one spot.

20. Beanie – pixelvault/punkscomics

nft twitter Beanie

Beanie is an OG NFT influencer with over 180k followers. He is also the alpha caller of Pixel Vault, PUNKS Comic, MetaHero Universe, and Wolf Game. Admittedly, there is some confusion as to which projects he is directly involved in.

While his name causes a lot of controversy in the space, it’s hard to ignore him. Whether you love him or hate him, he’s definitely worth checking out.

Twitter Accounts For Advice on Trading NFTs

21. Nate Alex

Nate Alex

Nate is the definition of an NFT OG having been around since the early days of CryptoKitties. He started in the space with 0.1 ETH and little help. Today, he is the co-founder of the NFT development studio NFT42. Nate is a thought leader in the space and has also created stellar NFT projects such as ChainFaces, Squigly WTF and more.

22. Flur

nft twitter Flur

Flur is a top NFT and crypto trader (and collector) in the space. She also runs her  own alpha network called “Flur Alpha.” Flur Alpha is essentially a discord group that allows members to access exclusive trading ‘calls’ and high level NFT chats/analytics and crypto insights. Her value-driven tweets are responsible for huge investment onboarding to new and upcoming web3 projects.

23. Franklin

nft twitter influencer Franklin

Franklin is the 7th largest Bored Ape collector with 58 BAYC digital assets in his possession. He is also an aerospace engineer and has worked with NASA on multiple projects. As far as NFTs go, Franklin has been a constant source of information and is also an avid collector of top NFT projects.

The Best NFT Twitter Accounts for Entertainment

24. Laura Wolf

Laura Wolf

Laura Wolf is the founder of SWPRLabs a Global Web3 Tech and Marketing Agency focused on building powerful brands, fostering innovation and adaptability to web3 technologies. She is also well known for her shitposting and notoriously funny memes about NFTs, NFT projects, and other NFT influencers!

25. Minister of NFTs

Minister of NFTs

The “Minister Of NFTs” is an extreme Degen, Memelord, and shitposter. He quickly grew his following on Twitter to become one of the top NFT influencers using the power of memes. Not only that, there has been ongoing speculation if this account is actually ‘Sartoshi’, the founder of the widely popular ‘MFers‘ collection.

26. ThreadGuy

nft twitter Threadguy

ThreadGuy.eth is the go-to Web3 Meme and Twitter Thread king. He started out writing threads about NFTs on Twitter, but is now an MVP in the crypto meme economy. His first NFTs were a line of NBA Top Shot NFTs and at the start of his career, he faded BAYC. Today, he is the Director of Vibes at Jenkins The Valet – a large media branch of the Bored Ape Yacht Club!

27. Threadoor

nft twitter influencer Threadoor

Want the latest and greatest insights into the NFT space? Look no further than the one and only Threadoor! Threadoor (@threadoor.eth) used to own and run a fidget spinner business that further led him into content creation. Today he is one of the best sources of NFT information on Twitter. The ex-Rarible talent has 16K followers and counting.

28. Kmoney

nft twitter comedian Kmoney

Anybody who’s anybody knows about Kmoney. Famous for his NFT-related skits, he rose to NFT Twitter fame throughout 2022. His content is quick, critical and hilarious. In fact, many call him the first NFT comedian in the space. Of course, he’s had his own personal drama too. Firstly with the goblintown team and then with specific influencers too. But Kmoney always tries to look out for people and really knows what it is to grind in the NFT space. Good luck getting a DM reply from him now though.

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Rug Radio: A Complete Guide to the Web3 Media Platform https://nftevening.com/rug-radio-a-complete-guide-to-the-decentralized-media-platform/?utm_source=rss&utm_medium=rss&utm_campaign=rug-radio-a-complete-guide-to-the-decentralized-media-platform Mon, 21 Nov 2022 04:35:34 +0000 https://nftevening.com/?p=84774 Rug Radio is a Web3 media company started by Farokh Sarmad, aiming to become the first decentralized media platform in the NFT scene. With a range of different shows, hosted

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Rug Radio is a Web3 media company started by Farokh Sarmad, aiming to become the first decentralized media platform in the NFT scene. With a range of different shows, hosted by a variety of web3 experts, it has become the go-to talkshow outlet. However, the NFT project goes far beyond just twitter spaces. Now, the web3 radio and media project also has a membership token ($RUG), a ‘Rug Genesis NFT’ collection, and even a DAO (RugDAO).

Farokh is a huge name in the NFT space and his web3 media is probably one of the most famous to date. This, we can attribute to its constant star-studded twitter spaces and high profile guests. Even the hosts on Rug Radio are big names! With OSF from RektGuy hosting spaces often and artists such as Fewocious and Beeple joining the show too. Even its council members are web3 natives too, such as; Daito (from 137pm) and Inna Modja, the founder of Code Green NFT.

Banner for Rug Radio the decentralized media platform by Farokh Sarmad

Rug Radio (img. credit: Rug Radio)

What is Rug Radio, and what is Decentralized media?

Rug Radio launched in 2021, and is the very first ever decentralized media platform. As a ‘decentralized’ media platform, the members, partners, and hosts of the platform all have ownership of what they are broadcasting. To clarify – with traditional centralized media structures, a very small handful of individuals make the decisions within the company. Decentralization is the opposite of this structure, instead giving power to the creator and consumers.

Speaking on decentralization, their website states:

‘We need to own the narrative and the memes. Together, we can build a network where the incentives favor truth, ownership and long-term care for the commons. Ownership means we each get to decide what we consume, how it’s delivered, and we all benefit from the abundance created through it.’

In order to take part in the decision-making process you must hold a Rug Radio Membership Pass. Once you are officially a member of the community, you can enter the DAO and take part in the Rug Radio governance.

What is the Rug Radio Membership Pass?

The Rug Radio Membership Pass is ‘your key to accessing value as a participant in the Rug Radio ecosystem’. To clarify, the key utility of the membership pass is the ability to vote and participate without being a member of the DAO, and moreover, to gain benefits from your community participation.

Furthermore, those owning a membership Pass could mint the genesis NFT, allowing them to earn the $RUG utility token and gain entry into the DAO.

Image of a gold coin Rug Radio Membership Pass

Rug Radio Membership Pass is your key to accessing value as a participant in the Rug Radio ecosystem

All About the Rug Radio NFT

First came the pass, then the NFT. The NFT is ‘Rug Radio Genesis NFT’. Appropriately, the NFT itself is a rug! No, not that kind of rug. Instead, the artwork, designed by @JeremiahThinks, represents the type of rug you’d put on your bedroom floor. The 20,000 digital rugs depict different NFT projects and communities, drawing inspiration from BAYC, Robotos, Doodles, and more. Moreover, the NFTs are utility-wielding, as they allocate $RUG tokens to holders every month.

About the Genesis Drop

To mint a Rug Radio Genesis NFT, you had to hold a Membership Pass. Furthermore, members could only mint one Genesis NFT per membership pass. The Rug Radio Genesis mint price was 0.111ETH, and the project minted on January 11th, 2022. By January 12th, all the NFTs were sold out! By late January the floor price reached 0.34 ETH. Significantly, despite market conditions, the floor price has remained steady.

 

'Rainbow Chip' - a colourful Rug Radio Genesis NFT

‘Rainbow Chip’

How to buy a Rug Radio NFT

Now, the only option you have to get a Rug Radio NFT is on the secondary market. As of November 21st, 2022, the Rug Radio Genesis floor price is 0.4ETH, with only 2% listed, and 11,961ETH in volume. You can find a Rug Radio Genesis Pass on Opensea, or alternatively you might just want a membership pass instead!

Farokh Announced PFP NFTs?

At Art Basel 2022, Farokh Sarmad announced Rug Radio would get its own PFP collection. The NFT PFPs look awesome due to their unique design by Cory Van Lew. The project named “Faces”  is apparently in reference to Rug Radio being one of the biggest voices of web3. For now, there’s not so much information but rest assured we will update you as the news drops.

What is the Rug Radio Token, $RUG?

$RUG is the Rug Radio token. The token is the currency of the RR ecosystem and adds to its utility and value. There are 20,000 tokens, with a floor price of 0.228ETH (Nov. 21, 2022).

Specifically, the Genesis NFT distributes $RUG tokens to holders on a monthly basis. Therefore, this incentivizes holding on to the NFT, as the longer you hold, the more $RUG tokens you will receive. Over the next five years, 255,000,000 $RUG will be produced. Importantly, 1800 $RUG will equal 1RDAO. If the holder chooses to swap 1800 RUG for 1RDAO 1 $RDAO token they will gain governance participation rights in the RugDAO.

Additionally, of the 20,000 Rug Radio NFTs, 1000 have been allocated to the Rug Bank. The tokens which are generated by NFT will be used by the bank to manage its expenses. Furthermore, the token will also hold future exchange value within the Rug Network on new projects developed by the DAO.

What is RugDAO?

At the heart of the ecosystem is the RugDAO. This DAO ‘will store value created in the network and will house the governance of the whole platform.’

As we have mentioned, the $RUG and $RDAO tokens are released slowly, over a long period of time. This allows the DAO to grow slowly alongside them, ensuring decentralization. Additionally, the DAO has a governance council, chosen through a public election. At present, the council members include names such as OSF, Betty, Keith Grossman, and many more. You can view the full list of RugDAO council members on the website.

Through the DAO, the community holds long term ownership in the Rug universe, and as more people join, so does the decentralization of RugDAO.

Farokh Sarmad: NFT influencer and the Project’s Founder

The founder of Rug Radio and creator of the genesis NFT is Farokh Sarmad. His journey began in Clubhouse, where Farokh would host rooms for friends and peers to discuss anything blockchain-related. He found huge success and a large following very quickly – in fact, the entrepreneur boasts 227k followers on Instagram and over 330k followers on Twitter. Now, as an active member of the NFT community, Farokh is a huge name in web3 and known for hosting and participating in some of the most exciting Twitter spaces.

Additionally, Farokh (based in Canada) is increasingly interacting with the greater NFT community both on and offline, attending industry panels virtually and in person. Notably, the founder and influencer has spoken at both NFT NYC and Veecon.

Image of Farokh Sarmad

Farokh Sarmad (img: LinkedIn)

Who Else is on the Rug Radio Team?

In January of 2023, Rug Radio welcomed a new core member to the team – Loxley. Loxley has been appointed as the new Co-CEO of Rug Radio. He has 13 years of experience as a tech founder and operator and has a successful background in various industries such as e-commerce, micro-financing, crypto and NFT, and more.

He has also served on the DAO Council and as a Strategic Advisor for Rug Radio. Loxley’s leadership and expertise in different fields make him a valuable addition to the decentralized media platform, as he will help align incentives with truth, ownership, and long-term care for the commons.

rug radio co-ceo Loxley

Rug Radio welcomes its new Co-CEO Loxley

If you want to get involved with the project, make sure to check out its Twitter account, where it hosts one of the most popular Twitter Spaces in the industry. Plus, they have a fantastic website where you can keep up to date with all of the latest interviews and events. Then, get into the culture by participating in the Rug Radio Discord!

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Pudgy Penguins NFT: The Good, the Bad & The Ugly https://nftevening.com/pudgy-penguins-nft-the-good-the-bad-the-ugly/?utm_source=rss&utm_medium=rss&utm_campaign=pudgy-penguins-nft-the-good-the-bad-the-ugly Tue, 15 Nov 2022 21:58:14 +0000 https://nftevening.com/?p=84455 Those who have been around the NFT space long enough would remember the Pudgy Penguins NFT collection as one of the earliest blue chips. During its launch in mid-2021, the

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Those who have been around the NFT space long enough would remember the Pudgy Penguins NFT collection as one of the earliest blue chips. During its launch in mid-2021, the collection quickly stormed sales charts, making waves in the NFT space as the new favourite animal cartoon-themed PFP NFT project. NFT influencers supported the penguin avatars, celebrities wanted them, and even The New York Times featured them. Needless to say, all the attention meant that some of the NFTs sold for hundreds of thousands of dollars

Three Pudgy Penguins avatar NFTs

Pudgy Penguins made one of the greatest comebacks!

Cut to 2022, however, the Pudgy Penguin NFT project took a turn for the worst amid rug pull accusations against its founder. This was followed by a new leadership taking over the project in a $2.5 million deal. Admittedly, while some wrote off the project as a rugpull, others questioned its future. Yet, in what is perhaps “the greatest comeback story”, Pudgy Penguins’ new leadership turned its future around. Despite the bear market, the project’s sales shot up in August 2022. One NFT even sold for 400 ETH (about $600,000 at the time). 

So, how did things go wrong with the Pudgy Penguins NFT project? More importantly, how did the project make a phenomenal comeback?

This is the story of the Pudgy Penguins NFT project: The Good, the Bad and the Ugly.

What is the Pudgy Penguins NFT?

Launched in July 2021, Pudgy Penguins is a collection of 8,888 penguin avatar NFTs on the Ethereum blockchain. The collection sold out in barely 19 minutes, making the penguin avatars an instant hit. At the time, some of the rare NFTs in the collection fetched as high as $463,500. What’s more, celebrities like NBA All-Star, Steph Curry and Canadian rapper, Tory Lanez are among its collectors.

Currently, the project has raked in over 64,000 ETH or roughly $81 million in sales (at the time of writing). Besides, its floor price is 2.34 ETH. 

Who Created the Pudgy Penguins NFT?

The original creators of the Pudgy Penguins NFT project include Clayton Patterson (aka “mrtubby”), Mickyj, Jonah, and Cole Villemain (aka ColeTherium)—most of them college students. One of the major reasons for the project’s initial success was the many promises the founding team made. From a native token to a children’s book and a metaverse game, the roadmap was quite tempting. Unfortunately, the founders not only failed to deliver on the many promises, but allegedly tried to empty the project funds for themselves

The collapse: Rug pull accusations against Pudgy Penguins Founders

Pudgy Penguins NFT project’s downfall started in December, 2021 when its community moderator, Darth publicly exited the project, calling out the founders for their “unprofessional” behaviour. Allegedly, he was promoted to the role of community manager without the two agreeing on job terms. Cole even allegedly offered Darth 1 ETH to keep quiet about the incident. To be sure, Cole has previously been associated with several projects that rug pulled

Later the next month, NFT influencer, 9x9x9 alleged that the Pudgy Penguin founders were trying to sell the project after taking all the money from the project. Additionally, they claimed to have rejected an offer to buy the project for 888 ETH. Disappointed, many of the Pudgy Penguin holders cancelled the project’s founders. 

A collection of penguin avatars on ice

The new leadership made massive improvements.

New Leadership to the Rescue

Despite the controversies, some community members came forward to rescue the project. In April, a group led by Pudgy Penguins holder and Los Angeles-based entrepreneur, Luca Schnetzler bought the project for a whopping 750 ETH (around $2.5 million). This in itself led to an increase in NFT sales from the collection. In fact, its floor price rose to 2.5 ETH after dropping as low as 0.7 ETH weeks before. 

“Everything is aligned to make this one of the most prevalent projects of all time,” Schnetzler told Coindesk after the deal. He added that he plans to turn the project into “a brand that’s known both in and outside of the NFT world.”

For the most part, Schnetzler’s vision for Pudgy Penguins NFT is bearing fruit. Months after the acquisition, things are looking up in the penguin world—or “The Huddle”, as they call it. For example, in July, the project dropped its first soulbound token for plush physical collectibles. It has since released a range of other soulbound tokens. 

Meanwhile, in August, the project’s sales shot up significantly after the team announced the Pudgy Toys lineup. Following the announcement, the sales went up 370% compared to the previous day. Moreover, in the same month, the rarest NFT in the collection sold for around $600,000. 

Pudgy Penguin plush toys at a store

The Pudgy Penguin merch is a hit!

The Future of Pudgy Penguins NFT Collection

In September, Pudgy Penguins announced its partnership with leading children’s toys maker, PMI Toys to release physical versions of Lil Pudgys. This sub-collection of 22,222 NFTs launched in December 2021. Just weeks before, the project had announced its physical toy collection, Pudgy Plushies. Notably, all the physical toys are officially licensed by the project’s community. 

“These collectibles, alongside our Pudgy Plushies, are only a sneak peek of the diverse line of toys included in our collection,” Pudgy Penguins tweeted at the time. “As we continue to bring the Pudgy Penguins to life, we are ecstatic to be at the forefront of IP utilization in Web3.”

Besides, the project’s recent activations include the Pudgy Penguins Meme Maker—an easy way for anyone to give a Pudgy Penguin twist to popular memes. Additionally, Pudgy Penguins will be present at the upcoming Art Basel Miami on December 1. More recently, the project announced the Pengu Princess soulbound token to honour its sub-communities focusing on Web3 female empowerment.  

With a focus on innovation, initiatives to connect the Web2 and Web3 worlds, and community-building, Pudgy Penguins NFT has certainly risen from the ashes. After a tough few months, the future looks bright for these adorable cartoon avatars. All things considered, Pudgy Penguins offers a hopeful lesson for NFT projects struggling to succeed in the space.

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The Story Behind Hasbulla Magomedov’s NFTs https://nftevening.com/the-story-behind-hasbulla-magomedovs-nfts/?utm_source=rss&utm_medium=rss&utm_campaign=the-story-behind-hasbulla-magomedovs-nfts Thu, 03 Nov 2022 13:10:54 +0000 https://nftevening.com/?p=83095 If you are active on social media, you would be familiar with Hasbulla Magomedov—it’s almost impossible to have not come across his videos at least once. Like many celebrities who

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If you are active on social media, you would be familiar with Hasbulla Magomedov—it’s almost impossible to have not come across his videos at least once. Like many celebrities who hopped on the NFT bandwagon, the Dagestani social media star too has his own NFT project: Crypto Hasbulla. A limited NFT collection, the Hasbulla Magomedov NFTs give holders exclusive access to Hasbulla’s wider Web3 community. Further, Hasbulla’s official Twitter page doubles as his NFT Twitter and has garnered close to 185K followers. 

In this guide, we’ll look at who exactly Hasbulla Magomedov is and what the crypto Hasbulla NFT project is all about. We’ll also explore: Where to buy the NFTs? What is the current Hasbulla NFT price on OpenSea? What are some of the top NFTs in the collection (including Classic Hasbulla and Naruto Hasbulla)? And much more! 

NFT avatars in different attires

The Crypto Hasbulla NFTs feature Hasbulla Magomedov in various avatars.

What is Crypto Hasbulla All About?

Crypto Hasbulla is a collection of 10,000, unique Ethereum-based NFTs from the social media star, Hasbulla Magomedov. Completely hand-drawn, each Hasbulla NFT features a range of characteristics with varying rarities. As opposed to the usual “mint day” launch, the project releases NFTs in a series of drops, usually constituting about 500 NFTs. Further, the official Crypto Hasbulla Discord server announces the drop dates and mint prices in advance.

So far, Crypto Hasbulla has released only 2,000 NFTs in the collection, all of which sold out early last month. Naturally, as this is the first drop, holders of the first 2,000 NFTs will enjoy special, “lifetime” benefits (more on that later). “We invite you to come for the utility and stay for the community,” the project’s website notes.

Who is Hasbulla Magomedov?

Hasbulla Magomedov is a 20-year-old blogger and TikTok star from the Russian Republic of Dagestan. His short stature, distinctive voice, and hilarious videos with MMA fighters stand him out from the others. With over 4.6 million followers, Hasbulla’s videos and images get thousands of likes and comments.

Recently, Hasbulla announced he has signed a deal to fight in the UFC. He, however, added that he would reveal more details by the end of 2022. “All my fans will be able to buy a Hasbulla fight kit soon on UFC.com and hasbulla.com,” he further wrote in an Instagram post.  

Hasbulla Magomedov

Hasbulla Magomedov in all his glory! Credit: Hasbulla @Hasbulla_NFT

Why is Hasbulla Famous?

While Hasbulla Magomedov has been an Instagram content creator since late 2020, he shot to fame on TikTok the following year. He was noted for supporting Dagestani mixed martial artist and former UFC lightweight champion, Khabib Nurmagomedov. In fact, his recreation of Nurmagomedov’s famous UFC weigh-in fetched him the nickname “Mini Khabib”. Since then, the two have posted many pictures and videos of themselves on social media.  

Thanks to his many videos with UFC fighters, Hasbulla quickly became a cult figure in the MMA community. One of his most viral videos is a press conference banter with social media star, Abdu Rozik. On Instagram, he also gives fans a glimpse into his lavish lifestyle filled with luxury cars, private jets, and more. 

What Utility Does a Crypto Hasbulla NFT Have?

One of the major selling points of Crypto Hasbulla is its utility. Some of these include a chance to meet Hasbulla Magomedov virtually or in real life, Hasbi token airdrops after the 10K collection is sold out, access to semi-annual, real-life events, and a chance to earn a passive income by staking the NFTs. Holders will also get access to exclusive merch raffles, premiere combat sports events, and Hasbulla’s upcoming metaverse game. Crypto Hasbulla has also partnered with Barstool Sports and Eagle FC to offer holders a range of perks. 

Besides, the utilities are divided into different pillars. Put simply, the more Hasbulla NFTs you own, the more your benefits. While a single NFT holder will get a 5% Crypto Hasbulla merch discount, holders of two to five NFTs will get a 10% discount and whitelist access for future NFTs. The latter will also get access to NFT meetup events as well as a private Twitch game streaming with Hasbulla. 

Meanwhile, those who hold 6-19 NFTs will get added benefits such as higher discounts, $150 in merch credits, and a personalized Hasbulla shout-out video. Finally, project whales who hold over 20 NFTs will get $250 credits for Crypto Hasbulla or hasbulla store merch, access to the NFT meetup VIP event, and invites to the semi-annual NFT meetup with free dinners and event merch. What’s more, whales will also get to be part of the meet and greets with fighters and Khabib Nurmagomedov. 

Cypto Hasbulla NFTs for sale on OpenSea

The avatars come with a range of characteristics. Credit: OpenSea

How Much is a Hasbulla NFT?

As previously mentioned, the Crypto Hasbulla NFTs are released in stages, with varying, pre-determined prices. Currently, the NFTs have a floor of 0.2 ETH or about $307 (at the time of writing). However, the rarer NFTs in the collection will cost you a higher amount. 

According to OpenSea data, Classic Hasbulla is the highest-selling NFT in the collection, fetching 10 WETH. Some of the other top pieces include Champion Hasbulla, Tyson Hasbulla, and Pablo Escobar Gaviria Hasbulla. The list also includes a range of avatars where Hasbulla is depicted as Naruto characters, Batman, late football player Diego Maradona, and even the Canadian singer, The Weeknd—to name a few. These last fetched between 1 to 5 ETH. 

Classic Hasbulla NFT avatar

Meet the Classic Hasbulla! Credit: OpenSea

Where to Buy Hasbulla NFTs

The Crypto Hasbulla NFTs are released on the project’s official OpenSea account. Recently, however, the sales have slowed down. That said, it’s usually cheaper to pick up the NFTs when they drop. So keep an eye on the project’s social media pages for details on the next release. 

All things considered, the Crypto Hasbulla NFT project’s utilities are more catered toward Hasbulla Magomedov’s fans. Given the current bear market, investors are more selective and are looking for more solid utilities. In all likelihood, the project may have to make more innovative additions to survive the current market conditions. 

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Art Gobblers: Everything About Justin Roiland’s NFT Project https://nftevening.com/art-gobblers-everything-about-justin-roilands-nft-project/?utm_source=rss&utm_medium=rss&utm_campaign=art-gobblers-everything-about-justin-roilands-nft-project Tue, 01 Nov 2022 16:22:53 +0000 https://nftevening.com/?p=82893 Within a day of its launch, Art Gobblers, Justin Roiland’s much-anticipated NFT collection, has raked in over $11 million. Roiland, the Rick and Morty co-creator, developed the project with Web3

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Within a day of its launch, Art Gobblers, Justin Roiland’s much-anticipated NFT collection, has raked in over $11 million. Roiland, the Rick and Morty co-creator, developed the project with Web3 venture firm, Paradigm. A free-to-mint NFT project, Art Gobblers dropped at 20:20 UTC yesterday, October 31. What’s more, its floor has hit a whopping 13.42 ETH in a short span of time. 

So, what exactly is the Art Gobblers NFT project? Who is Justin Roiland, the project’s creator? And why is the collection trending? We’ll cover all that and more in this article.

Art Gobblers NFT factory by Justin Roiland swallowing art

Art Gobblers is already storming the charts!

What is Art Gobblers NFT?

In the project’s own words, Art Gobblers is an “experimental decentralized art factory” by Justin Roiland and Paradigm. The project ecosystem revolves around Art Gobblers NFTs and the GOO token. In essence, there are 1,700 NFTs in the collection, which was free-to-mint for whitelisted users. The project also has plans to release an additional 8,000 NFTs over the next decade.

Justin Roiland: Who is the Art Gobblers NFT creator?

Justin Roiland, the co-creator of the hit animated comedy show, “Rick and Morty”, created Art Gobblers. Roiland is an American television director as well as a voice actor, writer, and producer. To be sure, as the voice of both Rick and Morty, Roiland has become a household name. Besides, the show is especially popular among crypto users, which explains the hype behind Art Gobblers. 

How Does Art Gobblers NFT work?

Firstly, each NFT in the collection functions as an art gallery that “squirt Goo and gobble art”. In simpler terms, NFT holders can create and sell their own art. To elaborate, those who hold Gobblers can earn GOO, the project’s ERC-20 token. Using the token, NFT holders can create art on the Art Gobblers website, “digest” the work, and display it on their “art bellies”. 

Art Gobbler NFT create art buttons

Create and sell art with Art Gobblers!

Alternatively, they can also create blank page NFTs. To clarify, these are digital canvases that users can digest, trade, or use to create custom art. It is to be noted that the artwork’s ownership as well transfers with the NFT. Art Gobblers’ innovative NFT minting mechanism is one of the primary reasons for the project’s current hype. 

The project’s tokenomics, however, is slightly controversial. Essentially, users can earn GOO by holding Gobblers—the more GOO a Gobbler has, the higher the GOO it emits. Consequently, the process enables NFT whales to earn exponentially, establishing an unfair monopoly. 

What is the future of the project?

Despite a bear market and dip in NFT sales, Art Gobblers is off to a promising start—at least by the numbers. Already, it has topped the OpenSea rankings for the highest-trading NFT collections in the last 24 hours and seven days. It is also one of the top 10 collections in terms of last month’s sales volume. 

The artwork will reveal on November 1. From the few glimpses into the artwork on the website, the final Art Gobblers NFT artwork could be worth all the hype. Besides, the website currently allows users to create their own art, the outcomes of which suggest the pieces may not be too disappointing. Then again, with the NFT industry, one can never tell. It is also important to note that the project offers a 6.9% royalty rate. How the project performs and what it delivers in the coming weeks remains to be seen. 

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DeGods: The Utimate Guide To Y00ts, $DUST and more https://nftevening.com/degods-the-ultimate-guide-to-y00ts-dust-and-more/?utm_source=rss&utm_medium=rss&utm_campaign=degods-the-ultimate-guide-to-y00ts-dust-and-more Wed, 05 Oct 2022 16:36:52 +0000 https://nftevening.com/?p=80277 [lwptoc min=”1″] DeGods has established itself as one of Solana’s top blue-chip NFT collections. The collection and community, which describes itself as a “deflationary collection of degenerates, punks, and misfits”,

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DeGods has established itself as one of Solana’s top blue-chip NFT collections. The collection and community, which describes itself as a “deflationary collection of degenerates, punks, and misfits”, is still riding high after launching in 2021. So, let’s take a look at the colourful, virtual gods with an in-depth look at what DeGods are, the benefits of holding DeGods, and more.

an artistic representation of the DeGods ecosystem

An artistic representation of the DeGods ecosystem.

What is DeGods?

DeGods is a Solana-based deflationary collection that consists of 10,000 virtual and super colourful gods. An individual known as “Frank” is the mastermind behind this collection. DeGods first appeared on Twitter in March 2021, with the unique selling point of being a deflationary NFT. By September 2021, the colourful project was already very popular, with artists, developers and athletes supporting the project.

Solympus launched in September, and required its first members to complete projects to gain early access to the NFTs. After several months of intense hype – which included a video of a man jumping from a plane in a DeGods costume – staking went live in January 2022. It is safe to say that the popularity of the collection was solidified when, after one day, more than half of its supply was staked.

What are the benefits of holding DeGods NFTs?

In addition to being a highly sought-after NFT, there are several perks of holding a DeGods NFT. First off, the DeGods NFTs are deflationary. This means that, due to the fact that you can burn the NFTs, their value will continue increasing. When a holder burns their DeGod, it automatically upgrades to a DeadGod, increasing its value.

Additionally, you can stake your DeGods NFT to earn $DUST – the collection’s native taken. $DUST enables you to participate in raffles, upgrades, auctions and more. If you burn your NFT in favour of a DeadGod, you will also earn more $DUST. This is because DeadGods give holders a daily stream of 7.5 $DUST.

DeGods holders also gain access to the community-owned content platform. Here, holders can publish their own content and reach out to other holders. Last but not least, in April 2022, DeGods purchased the basketball team Killer 3s, which forms part of Ice Cube’s Big3 League, for $625,000. Holders have full IP and licensing rights for anything team-related. Furthermore, this launch gave holders the opportunity to mint part of 975 killer 3’s Gold-tier NFTs for $5,000 apiece. Unquestionably, this purchase is but one of the many things the DeGods team has in store for holders.

a degod nft showing a degod in an artistic representation of armoury

This DeGod NFT sold for over $220K.

How do you buy DeGods NFTs?

DeGods are available on Magic Eden, Alpha Art, Solanart and OpenSea. After purchase, you can join the official Discord channel, where you can connect with other members and verify your assets. Before purchasing an NFT, you can check its rarity using the Official Rarity Tool and Sniping Tool.

What are DeadGods?

You can mutate your DeGods and transform them into DeadGods for 1000 $DUST. During the mutation process, you will be changing the NFTs metadata, to reflect the one-of-one swaps for DeadGod traits. By burning your DeGod, you will be removing it from circulation, increasing its rarity and benefitting the entire community.

What is DUST token?

$DUST is the DeGods collection’s official token on the Solana blockchain. Burning or staking a DeGods NFT is the only way to mint $DUST. The $DUST total supply has been capped at 33,300,000 tokens, with halvening events taking place at supply milestones. To earn $DUST, you can mine 2.5 DUST per day per DeGod and 7.5 DUST per day per DeadGod. There is no other way of earning $DUST. Furthermore, in the future, there will be new collections that can only be purchased using $DUST.

What is DeDAO?

DeDAO is a unique aspect of the DeGods ecosystem. The community leaders and founders of DeDAO are the members of the DeDAO, who serve as the primary decision-makers.

Community leaders and NFT experts – the DeAlpha Team – are the ones that navigate the collection’s place in the market and make decisions. Additionally, a group of elected members – the Divine Council – provide input on acquisitions and allocating funds. Finally, the Divine Council of DeDAO and Community Leaders of DeGods are together called DAO Leads.

The marketplace fee of 9.99% for each transaction sustains DeDAO. Of that amount, 6.66% goes to DeDAO and 3.33% to the Core Team for DeGods and DeadGods sales. The DeDAO then uses these funds to acquire assets for auctions and raffles, fund community events and pay community-based talents for any work done for the community.

y00ts logo

What we know so far about the y00ts visual style.

What is y00ts?

Y00ts is a brand new NFT collection from the DeGods team. It will consist of 15,000 NFTs that allow users to make their own PFPs. The collection revolves around a sheep avatar, with layers of metadata that give each NFT its unique characteristic.

According to the y00ts paper, “Each collection would have its own ⓨ registry, where it’s easy to track who’s approved to be using the NFT’s IP. This allows projects to approve & reject usage requests at Web3 speed.” To mint a y00ts NFT, interested individuals had to apply for a scholarship to get on the y00tlist – the y00ts version of a presale list. The initial release date of collection was the end of September 2022. However, despite selling out the mint, the launch was delayed and there is no official y00ts launch date yet.

Final notes

The NFT market is volatile. However, the fact that the DeGods collection maintained its high price and value is a good indication of its longevity. Still, if you are looking to buy into any collection,  always do your own research before investing.

Learn More About the Top NFT Projects

 

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Genies NFT Avatar Ecosystem on Flow: Explained https://nftevening.com/genies-the-personalized-nft-avatar-platform-on-flow/?utm_source=rss&utm_medium=rss&utm_campaign=genies-the-personalized-nft-avatar-platform-on-flow Fri, 30 Sep 2022 14:02:21 +0000 https://nftevening.com/?p=79720 [lwptoc min=”0″] Founded in 2017 by Akash Nigam and Evan Rosenbaum, ‘Genies’ is a complete NFT avatar ecosystem. The company started with in-app personalised avatars but now NFTs  are their

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Founded in 2017 by Akash Nigam and Evan Rosenbaum, ‘Genies’ is a complete NFT avatar ecosystem. The company started with in-app personalised avatars but now NFTs  are their main focus. With avatars and the metaverse becoming increasingly mainstream concepts, Genies is definitely a company to keep an eye on due to its work in this space.

three genies avatars wearing high-fashion clothes in different poses. Genies by Akash Nigam, Evan Rosenbaum

Genies is aiming to become Gen Z’s go-to social media platform.

What are Genies NFTs?

Genies started as an app that allowed users to create personalised avatars for apps such as Instagram, iMessage, and Giphy. In fact, in 2021, Genies partnered with musicians such as Shawn Mendes, Justin Bieber, and Cardi B, and delved into the NFT space. The company has gained 99 percent market share for celebrity avatars, thanks to its partnerships with major label giants Warner Music Group as well as Universal Music Group. Additionally, it has a software development kit (SDK) that enables brands to create a branded avatar experience within their own app, plus an Avatar Agency.

Who created the Genies NFT Avatar Ecosystem?

Akash Nigam and Evan Rosenbaum founded Genies, an American avatar technology company, in 2017. Nigam, a University of Michigan junior studying computer science and economics, met Evan Rosenbaum, a University of Pennsylvania student. This encounter led them to co-found a company called Blend. Blend started as a social media platform through which college students shared photos, and in turn, received gifts.

After declining an acquisition offer, the duo used the Blend proprietary technology to build Genies. The new company, Genies, raised $30 million from Silicon Valley venture capitalists, Foundation Capital, talent agencies, and entrepreneurs.

But wait, what is an avatar ecosystem?

An avatar ecosystem is a system of interconnected avatars, virtual worlds and spaces, collectibles, and social experiences. To clarify – it is a mini-world that enables individuals to manifest their ideas and represent themselves in the digital space.

About Genies’ NFT Marketplace: “The Warehouse”

“The Warehouse”, the official Genies NFT storefront, launched on the Flow blockchain in August 2022. In short, it enables users to download the Genies Studio app, create avatars, and even buy clothes for them.

a visual representation of genies' the warehouse storefront by Akash Nigam and Evan Rosenbaum

What you can expect from the Genies marketplace

Of course, each character and item is an NFT. Therefore, each time someone purchases a wearable, the creator makes a royalty. Additionally, users can customise their purchases with in-app tools.

Upon launch, Genies collaborated with handpicked creators to make digital clothing. These include viral stars like Tati Bruening – the mastermind behind the “Make Instagram Great” campaign.

The future of Genies NFTs

According to Akash Nigam, the company is expanding into a Gen Z-driven, social media network. Additionally, former Disney chairman and CEO Bob Iger joined the Genies board of directors. He also showed his support by investing an undisclosed sum in the company. Such investment and high-profile brand partnerships have undoubtedly placed Genies one step closer to becoming the go-to social media platform for Gen Z and beyond.

What is the Flow blockchain?

Flow is a decentralized and developer-friendly blockchain. It is designed to be a solid foundation for Web3 apps, digital collectibles, and games.

Flow’s main aim is to achieve the same performance standards as mainstream apps, without compromising its values. What makes Flow stand out from the crowd is the fact that consumers can control their data. Additionally, it empowers developers to create assets that can be traded on any market.

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Sappy Seals NFT: The Community For Meme Lovers https://nftevening.com/the-history-of-sappy-seals/?utm_source=rss&utm_medium=rss&utm_campaign=the-history-of-sappy-seals Sat, 24 Sep 2022 14:24:18 +0000 https://nftevening.com/?p=79034 Sappy Seals is one project seeing great volume during the bear market. Pioneering meme culture, the seals do not seem to be budging. So, let’s check out what this cute

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Sappy Seals is one project seeing great volume during the bear market. Pioneering meme culture, the seals do not seem to be budging. So, let’s check out what this cute pfp seal project is all about.

A cover image for this article with its title written on it with a snappy seals image on the right.

What is Sappy Seals?

Sappy Seals is a collection of 10,000 adorable seal NFTs with a home on the Ethereum blockchain. It is a community-driven project, with a focus on expanding the metaverse.

While the cute aesthetic was once championed by Pudgy Penguins, these days the seals are

Without a doubt, the majority of NFT Twitter often mention the strength and togetherness of the Sappy Seals community. Although most see it as a good, positive community, others see it as a “cringe” community. They are often referred to as “sh*tposters”, which can be taken as a positive or negative thing.

One user, @MrPJCooper, said: “Sappy Seals seems to have the coolest community members out there.” @Web3Willyy added: “Sappy Seals is crushing my timeline this last week. Strongest community in the space, perhaps?”

However, on the other hand, @0nlyPabs said: “Sappy Seals community never ceases to surprise with its weekly cringe.”

Either way, someone is always talking about the Sappy Seals community.

Who Created Sappy Seals

Sappy Seals launched on September 2nd, 2021 headed by @wabdoteth, who also founded the Pixlverse – a metaverse platform that has strategically partnered with numerous other NFT projects to build a powerhouse group.

Alongside his Ethereum ventures, Wab is now well-known in the Cardano NFT space too. On Twitter, Wab often speaks on various elements of the cryptocurrency and NFT space. Most recently, Was has held discussions around surviving and thriving through a bear market. Furthermore, most of his fans can’t help but to praise his great work ethic.

Staking NFT Seals

Sappy Seals holders are able to stake their NFTs in order to earn $PIXL, their ERC20 utility token within the Pixlverse metaverse. The Pixlverse offers experience such as  gamified yield farming, metaverse land, game modes, and more. Additionally, there is a marketplace for metaverse items available for holders to use in-game within the Pixlverse.

The staking uses an innovative rarity-based contract. This means that depending on the rarity of holders’ NFTs, depends on the amount of $PIXL they will earn. For example, base-level seals can earn 50 per day, and the 28 1:1 seals can generate 500 per day.

Currently, the price of $PIXL sits at $0.0005748 USD, having reached an all-time high of $0.006683 in November 2021. 

Floor Price History

On OpenSea, Sappy Seals has a current floor price of 0.83 ETH, and a total volume of 11.1k ETH all-time.

In comparison, in April of this year, the project saw an average sale price of over 2 ETH, compared to the average price of 0.44 ETH. A total number of 3,813 wallets hold a Seal NFT. There are 10,000 NFTs, and 7,690 are staked.

The Pixlverse Metaverse Ventures

With the foundation of Pixlverse by Wab, the Seals and other NFT collections cemented their commitment to the metaverse and its future.

The Pixelverse is a 2D metaverse where different NFT communities interact, create their own worlds, and also visit each other’s worlds seamlessly.

Sappy Seals were the main catalyst for the start of the Pixlverse, of which more details can be found on the website.

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RENGA NFT: The Rise Of The Collection By Dirty Robot https://nftevening.com/renga-nft-whats-it-all-about/?utm_source=rss&utm_medium=rss&utm_campaign=renga-nft-whats-it-all-about Thu, 22 Sep 2022 23:54:43 +0000 https://nftevening.com/?p=78869 RENGA – created by Dirty Robot, an independent illustrator and comic artist -has been making huge waves in the NFT world after launching in August. RENGA is a collection of

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RENGA – created by Dirty Robot, an independent illustrator and comic artist -has been making huge waves in the NFT world after launching in August. RENGA is a collection of 10,000 PFP characters, hand-drawn and incredibly distinctive. Each NFT has its own identity and will form part of the vast RENGA storytelling ecosystem. Furthermore, this curated community project focuses on art, imagination, and Japanese manga/anime lore. The floor price for a RENGA NFT is now 1.14 ETH and tops the OpenSea volume charts for the last seven days with a whopping 3,605 ETH in sales.

A cover image for this article with its title written on it with a renga NFT illustration on the right.

RENGA is a collection of 10,000 PFP NFTs, inspired by Japanese Anime/Manga.

What is RENGA?

After such a short period (and during a bear market no less!) the RENGA NFT collection by Dirty Robot is already a massive success in the NFT community. The art is exceptional and heavily influenced by Japanese-style manga and anime. 

What does Renga mean?

Interestingly, ‘Renga’ (連歌) is also a genre of Japanese collaborative poetry in which multiple poets work together to create a poem. In the case of RENGA NFTs, it is the creative team behind the scenes and the community working together to bring the collection to life.

Who created the collection?

Dirty Robot, also known as Daniel Isles, is the artist behind the collection. Now based in Japan, he has over 20 years of experience in the comic art form.

About RENGA Black Boxes

There are a possible 10,000 NFT characters. However, there are currently only around 6,400 available. This is because the RENGA team opted for a unique burn-to-mint option with the RENGA Black Box.

Basically, these boxes allow you to mint an NFT, giving it random attributes. Each box is a portal to a random archetype from the RENGA world.

Initially, there were 10,000 of these boxes with varying traits. However, now there are only around two thousand boxes remaining, as more people are buying and burning the boxes to reveal new characters.

9,401 are ‘Black Boxes’, but some are extremely rare and will provide the owner with a unique 1/1 NFT when minted. The floor price for a standard RENGA Black Box is 2.2 ETH.

Of course, you can now buy a RENGA NFT through OpenSea, on the secondary market. But, the RENGA Black Box offers surprise and mystery when minting. 

Image of a Robot RENGA NFT

A Robot archetype RENGA NFT!

RENGA NFTs offer fantastic storytelling art

Significantly, this is the second NFT collection by Dirty Robots and the RENGA team. The ecosystem is built around the premise of art and community, which is visible in how they launched the collection. Holders of the first NFT collection, The Art of Seasons (TAOS) NFT holders, were airdropped with a free black box NFT. The remaining NFTs went to a public mint. 

Essentially, the project aims to build an NFT project with a Japanese comic style and storyline. In the future, the NFTs will play roles within the stories.

About the NFTs

Each RENGA NFT character is unique and created using a possible 900 exceptional traits. What’s more, there is even a subsection of 1/1 NFTs. Eleven different archetype characters will live in the RENGA universe, and some are rarer than others.

The eleven archetypes are:

  • Motor Corp 
  • Delinquent 
  • Agent 
  • Robot
  • Alchemist 
  • Samurai 
  • Golem 
  • Ninja 
  • 8-Bit 
  • Cube 
  • 1/1 

It will be interesting to see how the RENGA NFT project progresses in the coming weeks. There are still over 2000 Black Boxes remaining for those who want to add a surprise element to buying an NFT. Those who like the NFT storytelling art available, and want to jump in right now, can pick one up on OpenSea for 1.14 ETH.

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The Sandbox Metaverse: The Ultimate Guide From $SAND to LAND https://nftevening.com/the-sandbox-metaverse-the-ultimate-guide-from-sand-to-land/?utm_source=rss&utm_medium=rss&utm_campaign=the-sandbox-metaverse-the-ultimate-guide-from-sand-to-land Tue, 20 Sep 2022 13:39:48 +0000 https://nftevening.com/?p=77739 What if you could chill with Snoop Dogg in his private mansion, attend a Steve Aoki concert, and create new games all in one spot? Well, that place exists in

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What if you could chill with Snoop Dogg in his private mansion, attend a Steve Aoki concert, and create new games all in one spot? Well, that place exists in the Web3 world and you’ve probably heard its name before: The Sandbox metaverse. With +300k monthly users and millions of dollars already invested, this project offers plenty of possibilities for collectors, artists, and creators alike. However, many people still don’t know what is LAND, how to earn SAND tokens, or how the Sandbox’s free tools work.

In this guide, we’ll explore how to use the Sandbox metaverse, what are The Sandbox metaverse system requirements, and the best Sandbox metaverse land for sale. We’ll also address the “Sandbox vs. Decentraland” debate and the best SAND price for Sandbox LAND, so let’s get started!

What is a metaverse?

In short, the term “metaverse” refers to a virtual world that people can explore as digital avatars. Users can shop, play games, interact, attend events, and more just a few clicks away.

The concept’s huge potential convinced the world’s biggest companies (think Meta or Epic Games) to create their own metaverses. However, anybody can invest in a virtual world they like. For example, users can buy and trade LAND – the most common utility of the metaverse itself. In fact, that’s the core use case for the Sandbox – one of the most successful metaverses to date.

 

What is the Sandbox Metaverse?

The Sandbox is a 3D virtual world where users can trade, build, use, and create digital assets. One of the main goals of this game is purchasing LAND, which comes as NFTs.

Each user can build or create virtual experiences and locations on their own piece of land. The Sandbox also offers creation packages such as VoxEdit and Game Maker to facilitate asset creation. Then, anyone can trade their NFTs in a dedicated marketplace.

This freedom of expression and user-friendly tech attracted over 2 million registered users to date. Therefore, the Sandbox is undoubtedly among the most successful metaverses to date – but has it always been this way?

image of the Sandbox founder speaking at a Web3 conference

The Sandbox’s two founders first came up with the game idea in 2011. Credit: Cointelegraph

Who created the Sandbox?

The story of the Sandbox starts in 2011 when it first launched as a mobile game. Its two founders, Arthur Madrid and Sébastien Borget, published the game under the company Pixowl Inc.

Fast-forward to 2018, the team moved the game concept to the blockchain. That was the beginning of the Sandbox as we know it today. It was also the moment Animoca Brands purchased Pixowl for nearly $5 million.

However, Animoca Brands doesn’t truly own The Sandbox – no one does. As a decentralized metaverse, the project is 100% owned by its community.

The community is undoubtedly a good reason to join the Sandbox – but not the only one. The Play-to-Earn experience it offers is just as engaging as its users, so let’s find out more!

image of a 3D avatar from The Sandbox metaverse

Players can use three tools in order to play within The Sandbox: Game Maker, VoxEdit, and the Marketplace.

How does the Sandbox game work?

Basically, the Sandbox experience includes three integrated products as follows:

  • VoxEdit – a 3D voxel NFT creation package that helps users design objects for the game. From animals to humans and objects, this is where the magic happens. In fact, you also need this program to create your own avatar for the metaverse. Once you’re finished, you can export your assets as NFTs to the Sandbox Marketplace.
  • Marketplace – a dedicated platform allowing users to trade their VoxEdit items. The rules are simple: you upload your creations, a program stores them on the blockchain, and they become NFTs. Then, you can make sale offers for other buyers and start trading!
  • Game Maker – the proof that you don’t need coding skills to build a 3D game from scratch. The tool’s user-friendly interface allows you to create 3D games for free using VoxEdit creations. Users can also monetize their games within The Sandbox.

Together, these three features empower users within the Sandbox while growing the ecosystem. Considering all of these perks, though, people can’t help but wonder…

 

Is the Sandbox Metaverse Free to Play?

In short, yes. Anybody can enter the Sandbox metaverse for free. Its core features, VoxEdit and Game Maker, are also free to download and use anytime. However, collectors must pay to attend certain events and experiences, get LAND, or other NFTs sold in the Marketplace.

All in all, though, the free-to-play mechanics allow everybody to enjoy the metaverse.

But if you don’t have to pay to play, can you play to earn within the Sandbox? Let’s find out:

image of a NFT avatar in the Sandbox metaverse

The Sandbox offers a play-to-earn experience allowing users to earn tokens and rewards.

Can you make money in the Sandbox? If so, how?

The Sandbox offers a play-to-earn experience, which means that users can earn money in the metaverse.

Basically, there are four ways you can make money in The Sandbox:

  1. Play games to get rewards in the form of $SAND;
  2. Develop your own games via Game Maker and monetize them;
  3. Create digital assets with VoxEdit and trade them on the Marketplace;
  4. Purchase LAND and use it for extra income.

The last method is the most exciting one for most users – and the easiest too! To illustrate, you can buy a LAND plot and rent it for passive income. Alternatively, you can also build venues or create experiences on your own piece of LAND to generate cash.

But how do you get LAND – and how much should you invest in these digital assets?

GIF image of several plots of LAND within The Sandbox

Collectors can purchase LAND as part of a sale organized by The Sandbox or via secondary marketplaces.

How much is LAND in the Sandbox?

The current floor price for a LAND digital asset on the secondary market is 1,62 ETH, OpenSea data shows. However, the costs vary widely depending on the LAND’s location in the metaverse, as well as other features.

For example, a plot of LAND near Snoop Dogg’s mansion will probably cost way more than a random one simply because of its neighbor. This isn’t mandatory, though. Back in January, an anonymous buyer had spent a whopping $30,000 for a regular plot of LAND without any features or special location.

In short, LAND trading is based on the same rule we all should follow: DYOR before buying anything!

Once you find the perfect plot of LAND within The Sandbox, all you need is some SAND to let the fun begin. That’s because The Sandbox hosts new LAND sales periodically via its Map of The Sandbox website.

But wait – what is SAND anyway?

 

What is SAND?

Technically, SAND is The Sandbox’s core utility token. The ERC-20 digital assets are built on the Ethereum blockchain, and they’re used for pretty much everything within the metaverse.

As a player, you need SAND in order to upgrade your avatar, play games, or join certain events and experiences. Meanwhile, creators spend SAND to buy LAND, and upload digital assets in the Marketplace, among others.

Notably, SAND is a stakeable token too. This means you can earn more tokens by staking the SAND you already own. The more SAND you own, the higher the chance to get rewards from The Sandbox’s Staking Pool!

Finally, you need SAND if you want to take part in the project’s DAO. As a governance token, SAND allows holders to vote on key elements of The Sandbox, including its roadmap.

The graphic below shows exactly why SAND is so important:

virtual graphic explaining the various use-cases of the metaverse dedicated token

SAND is the official utility token of The Sandbox.

Are Sandbox assets a good investment?

Considering the Sandbox’s popularity, quick expansion, and roadmap, investing in this metaverse can be a good idea. After all, it is in top 3 largest metaverses on the Ethereum blockchain, with more than 300k monthly active users.

What’s more, the Sandbox is also backed by over 50 powerful partners. From Dapper Labs to Tomb Raider’s Square Enix, Atari, and more, these companies offer stability and innovation for the metaverse.

At the moment of writing, The Sandbox has surpassed 162.7k ETH in total trading volume for LAND. These facts alone prove the Sandbox digital assets are at least worth looking into.

Of course, the first step is to enter the metaverse, so let’s find out more about that!

digital poster of a 3D avatar from The Sandbox metaverse

In order to play within The Sandbox, users must meet certain system requirements.

How to get into the Sandbox Metaverse

In order to enter the Sandbox metaverse, first you have to go to the Sandbox’s website. Then, you must connect your crypto wallet to the platform. If you’re a beginner, our guide will help you choose the best crypto wallet for your needs.

Once you create your account, the fun part begins: creating your avatar. Once you get the perfect result, you’re officially ready to explore the Map of The Sandbox.

Experiences, games, LAND, and quests are all waiting for you to enjoy them in The Sandbox. However, you can only complete quests to level up by downloading the Sandbox client software – and there are a few system requirements here:

 

Sandbox Metaverse System Requirements

The Sandbox creators recommend the following system requirements for a smooth metaverse experience:

  • 64-bit processor;
  • Memory: 4 GB RAM;
  • OS: Windows 7 (or higher);
  • Storage: 2 GB available;
  • Graphics: 512 MB.

Once you check all of these requirements, you can join thousands of collectors, creators, and even celebrities in the fascinating world of The Sandbox. In fact, you might meet more famous people than you think in the metaverse! Here are a few examples:

image of Snoop Dogg with a metaverse plot in the background

The Sandbox has a growing number of celebrities and iconic brands enjoying its features.

Celebrities in the Sandbox metaverse

By now, you probably know that the iconic rapper Snoop Dogg has been making waves in the Sandbox. In September 2021, the hip-hop legend built a digital replica of his real-life private mansion to host parties and events. A few months later, Snoop Dogg hosted a LAND sale consisting of 197 plots of land.

Meanwhile, Steve Aoki, another NFT whale from the music world, launched his own NFT avatars within the Sandbox. Paris Hilton built the digital version of a Malibu mansion, and Sara Sampaio even took things one step further! Accordingly, the supermodel bought a digital private island in The Sandbox for $110,000.

Other celebrities in The Sandbox are Grand Slam champion Stan Wawrinka and graffiti artist Alec Monopoly who opened his own MetaMuseum. Some famous brands also joined the metaverse, including Gucci, Adidas, and Zed Run, among others.

Surprisingly, Singaporean billionaires such as Millennium Hotels’ Kwek Leng Beng are also investing in The Sandbox. In fact, celebrities and brands are just as interested in The Sandbox as they are in Decentraland… but what’s the difference between the two?

Sandbox Vs. Decentraland

In essence, both Decentraland and The Sandbox are metaverses where users can build, play, create, and enjoy virtual experiences. Both The Sandbox and Decentraland have dedicated utility tokens (SAND and MANA) and they come with play-to-earn mechanics.

However, Decentraland has only 90,601 parcels of LAND, while The Sandbox boasts 166,464 LANDs. Moreover, The Sandbox also has higher-quality graphics.

Nevertheless, both metaverses offer unique experiences – and they’re both worth a chance. Depending on your plans and investments, either one can be more suitable.

Conclusion

In summary, The Sandbox is a leading metaverse sitting at the forefront of Web3 innovation. The user-friendly interface and free creation tools help newbies and experts engage with the virtual world like never before.

Whether you want to play games, collect digital items, or create your own, this virtual world welcomes all NFT community members.

Learn More About the Top Blockchain Games:

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Top 15 Web3 Companies in 2025 https://nftevening.com/top-web3-companies/?utm_source=rss&utm_medium=rss&utm_campaign=top-web3-companies Sun, 28 Aug 2022 08:19:40 +0000 https://nftevening.com/?p=75902 The world of Web3 is rapidly evolving. So, it can be overwhelming to keep up with all the new companies and projects entering the space. In this guide, we’ll introduce

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The world of Web3 is rapidly evolving. So, it can be overwhelming to keep up with all the new companies and projects entering the space. In this guide, we’ll introduce you to some of the most innovative and influential companies in the Web3 ecosystem this year. From cryptocurrency exchanges and hardware wallets to NFT marketplaces and blockchain development platforms, these companies are at the forefront of the Web3 revolution.

We’ll also discuss some of the fundamentals of Web3, and Web2 companies that are making the leap. Plus, some of the perks of working in this space. Let’s dive in!

What is Web3?

Web3 is a term used to describe the third generation of the World Wide Web. This newest iteration emphasizes the decentralization of the internet and the use of blockchain technology. Web3 is also sometimes referred to as the “decentralized web” or the “web of trust.” This is because unlike traditional web applications that rely on centralized servers to store and manage data, Web3 applications use decentralized networks, such as blockchain networks, to store and manage data. Ultimately, this provides greater security, privacy, and control for users, as well as new opportunities for innovation in areas such as finance, gaming, and social networking.

What is a Web3 company?

A Web3 company is a type of business that uses Web3 technology to build decentralized applications or other products that interact with the blockchain. Significantly, these companies aim to create a more open, transparent, and secure internet where users have more control over their data and digital identities. Moreover, they often rely on cryptocurrency, NFTs, or tokens to power their systems and encourage users to participate in their networks. Examples of Web3 companies include blockchain-based social networks, decentralized finance platforms, and NFT marketplaces.

How do Web3 companies make money?

Web3 companies generate revenue through various business models. Some of these include selling NFTs or cryptocurrencies, charging fees for using their platforms or services, and earning commissions or transaction fees for facilitating transactions on their networks. Now, let’s take a closer look at how this actually works.

One of the most common ways Web3 companies make money is through the sale of tokens or cryptocurrencies. Markedly, these tokens often serve as the native currency of the platform and can be used to access services, products, or content within the ecosystem. Additionally, companies can continue generating revenue through secondary sales and royalties.

Another revenue model for Web3 companies is charging fees for using their platforms or services. For example, decentralized exchanges charge trading fees, while decentralized finance platforms may charge interest rates or lending fees.

Web3 companies can also earn revenue through commissions or transaction fees for facilitating transactions on their networks. For instance, blockchain-based payment platforms charge small fees for processing transactions, while peer-to-peer marketplaces charge commissions on transactions between buyers and sellers.

Ledger Nano

The Ledger Nano™ Series: Unbeatable Security and Trustworthiness.

Top Web3 companies you should know

Now that we have covered the basics, let’s take a look at the top Web3 companies (in no particular order):

1. Binance

Binance is a cryptocurrency exchange platform that allows users to buy, sell, and trade various cryptocurrencies using different fiat currencies or other cryptocurrencies. It was launched in 2017 and has become one of the largest and most popular cryptocurrency exchanges in the world in terms of trading volume. Binance offers a wide range of features and services, including trading, staking, lending, margin trading, futures trading, and more. The platform also has its own native cryptocurrency.

2. Ledger

Since its establishment in 2015, Ledger has been growing rapidly. It all began with the idea of using a secure element chip to protect digital assets for crypto enthusiasts. Today, the company has evolved into a cutting-edge platform serving millions of individuals and hundreds of businesses. Their flagship product, the Ledger Nano™ series, has sold over six million units. Furthermore, it remains the most successful security hardware with an unbeatable track record of zero hacks.

3. MetaMask

MetaMask is a digital wallet and a browser extension that allows users to interact with Ethereum-based applications without having to run a full Ethereum node. It was launched in 2016 by ConsenSys, a blockchain software technology company. MetaMask is available as a browser extension for Google Chrome, Mozilla Firefox, Opera, and Brave, and it can be downloaded as a mobile app for iOS and Android devices.

4. Immutable

Immutable is an Australia-based startup founded in 2018. The company is behind Immutable X, a leading Layer 2 solution for NFTs, which is powering the next generation of Web3 games. What’s more, it is a carbon-neutral platform that offers gas-free minting. Immutable is backed by Animoca Brands and has so far raised $279.8 million in funding.

5. OpenSea

OpenSea is the most popular NFT marketplace. Founded in 2017, OpenSea is a non-custodial, peer-to-peer NFT marketplace. It allows users to mint, buy, sell, and view NFTs. At least in theory, no centralised entity controls the assets on the platform. Due to the wide range of NFTs it offers, OpenSea is often called a “Web3 Amazon”. Currently, it is the top marketplace in all-time sales volume, having amassed close to $32 billion in sales so far (at the time of writing).

OpenSea is one of the go-to NFT marketplaces.

6. MoonPay

MoonPay enables the purchase of cryptocurrencies and NFTs through its platform. It provides a seamless fiat-to-crypto gateway that allows users to buy and sell digital assets using their credit or debit cards. MoonPay has integrated its services into multiple wallets, exchanges, and NFT marketplaces. This enables users to easily purchase and manage digital assets. Ultimately, the company, established in 2018, has emerged as a top payment infrastructure provider in the Web3 space.

7. Sorare

Founded in 2018, Sorare is a fantasy soccer game where players can buy, ​​sell, trade, and manage a virtual team using NFT player cards. Using the Ethereum-based digital cards, users can create a five-player team to take part in virtual tournaments. Moreover, users can earn weekly rewards in ETH and/or rare cards. As of now, the game features more than 280 officially licensed football clubs.

8. Magic Eden

Magic Eden is the leading NFT marketplace for Solana NFTs. A decentralised NFT marketplace on the Solana network, Magic Eden boasts $1.6 billion in all-time trading volume. On the platform, users can create, buy, sell, and trade NFTs such as digital collectibles and gaming assets. Reportedly, the platform accounts for over 90% market share of secondary Solana NFT trades.

9. NFTY Labs

NFTY Labs is a Web3 venture studio headquartered in Miami, Florida. Essentially, the company focuses on “backing and building the products for tomorrow’s Web3”. In short, NFTY Labs builds community-based tools, standards, and tech for NFTs. At the same time, it is facilitating cross-chain NFT standards and practices.

10. Spatial

Founded in 2016 by Anand Agarawala and Jinha Lee, Spatial helps creators and brands to develop their own metaverse spaces, such as virtual art galleries. With a well-experienced team, the Web3 company offers 3D, Virtual Reality (VR) rooms to create your own NFT or non-NFT art gallery. This way, anyone can display 3D renderings of their sculptures, pottery, moulds, paintings, and more in the metaverse.

Spatial

Building the Future of Art: Spatial’s Metaverse Art Galleries. Image: Spatial.io

Web3 Companies to Invest In

Web3 is a groundbreaking concept built on cutting-edge technologies like blockchain, smart contracts, and AI. By investing in Web3, you have the opportunity to be at the forefront of these disruptive technologies. But, before you invest, it’s crucial to do your own research. Let’s take a look at some companies you could invest in:

Firstly, let’s look at Coinbase. This company is considered a top Web3 stock for those interested in investing in the Web3 space. As a leading American cryptocurrency exchange, Coinbase plays a significant role in the crypto ecosystem by enabling the conversion of cryptocurrency to fiat and providing a wallet that supports NFTs.

Secondly, Meta. Formerly known as Facebook, Meta has made waves in the Web3 industry with its ventures into the Metaverse. Significantly, the company is actively building two Metaverses: Horizon Worlds, a gaming platform, and Workplace, a virtual co-working space. With its massive user base and extensive resources, Meta is poised to be a major player in the future of Web3.

Web2 Companies Moving to Web3

Web2 businesses are diving into Web3 in a big way. Let’s take a look at Starbucks and Nike as examples. Firstly, Starbucks launched Starbucks Odyssey, a customer loyalty program where fans can earn “Stamps” through tasks like ordering specific items or completing online quizzes. Markedly, customers can use these stamps to redeem free drinks, discounted merchandise, and more.

Additionally, Nike made an entrance by purchasing UK-based design studio RTFKT, which specializes in phygital fashion and digital wearables. This allowed Nike to establish a presence in Web3 and partner with famous designer Takashi Murakami for the CloneX NFT collection. Since then, Nike has released limited-edition digital apparel and footwear through RTFKT.

Which Web3 companies are hiring

MoonPay, Rarible, and OKX are all currently hiring for various Web3 positions. MoonPay is a payment gateway that provides a seamless and secure way to buy cryptocurrencies, whereas Rarible is a marketplace for buying and selling NFTs. Additionally, OKX is a cryptocurrency exchange that supports a wide range of cryptocurrencies and trading pairs.

Working in Web3 can offer several benefits for those interested in the space. Firstly, it provides an opportunity to work with emerging and disruptive technologies such as blockchain, smart contracts, and NFTs. Significantly, this can be an exciting and intellectually stimulating field to work in, as it is constantly evolving and pushing boundaries.

Moreover, the Web3 industry is still relatively new, and there is a lot of room for innovation and growth. This means that there are many opportunities for career advancement and the potential to make a significant impact on the industry.

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Best 2 Player Games Unblocked in 2024 https://nftevening.com/best-2-player-games-unblocked-in-2022/?utm_source=rss&utm_medium=rss&utm_campaign=best-2-player-games-unblocked-in-2022 Fri, 26 Aug 2022 13:49:41 +0000 https://nftevening.com/?p=75272 Are you searching for the best 2 player unblocked games? Well, look no further. We have compiled a list of the best unblocked games available right now! Unblocked games are

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Are you searching for the best 2 player unblocked games? Well, look no further. We have compiled a list of the best unblocked games available right now! Unblocked games are a great way to spend time with your friends or colleagues, and with 2 player games online, it’s never been easier.

What’s more, unblocked games allow you to bypass the blocking measures in place and are completely free to play! Sometimes, whether at work, school, or college, you need to have some fun.

What are 2 player unblocked games?

2 player unblocked games are a type of browser game available online that anyone can play. Significantly, these games are challenging and fun and offer competitive gaming for free!

In the past, these games were run using flash software. However, most websites no longer support flash, which was a massive blow to the unblocked games community.

Thanks to .io and .html websites, you can still enjoy unblocked games online. One of the huge benefits is that many unblocked game websites use Google servers, making them easier to find. In fact, once you know how, finding two player unblocked games is quite easy.

How do I find unblocked games?

Finding Unblocked games can take time. But, in most cases, going through a Google search is your best bet. Typing in 2 player games unblocked will also give you a wide variety of blocked games to choose from.

Significantly, some of the websites will have tonnes of games available. The most popular unblocked game websites are Boredbutton, CoolMathGames, Tyrone’s Unblocked Games, and Armor Games.

Image of Coolmathgames.com

There are several websites that offer unblocked games for free!

How do I unblock a game?

With so many unblocked games available for free, directly through Google, there is no need to use any software to bypass security setup at school, college, or work.

Unfortunately, sometimes, this will not work, and network security systems will block individual sites. Two ways might help you in the situation if you want to play 2 player unblocked games.

Firstly, you could use Google translate to access unblocked games. This allows you to bypass firewall restrictions. Basically, you can use Google Translate as a proxy server.

If that doesn’t work, you can also try using the IP of the website you want to browse instead of the link.

What are some 2 player unblocked games online?

There are many fun and exciting unblocked games for you to play online. Here are some of our favorites – 

Stunt Simulator

Image of stunt simulator car game with a red car and dashboard 2 player unblocked games

Stunt Simulator is a fast paced exhilarating unblocked racing game!

Put your driving skills to the test with this exhilarating and fast-passed unblocked racing game. There are ten cars to choose from, and you can play the single-player or multiplayer version for free! You can also fly through the air, do tricks and stunts, drift, and even crash into other players.

Snow War io

Image of Snow War game on ice.

Snow War is a fun and exciting unblocked game!

Nothing beats a good snowball fight, and Snow War combines snowballs, and dodgems car racing in a breathtaking winner takes all scenario. Furthermore, you compete against other online players in a battle royale fight, aiming to push the other cars over the edge of the ice. 

Penalty Kick Online

Image of Penalty kick online a 2 player unblocked game

Face the computer or go against your friends in this awesome penalty kick game.

This football game is a penalty kick single-player or 2 player unblocked game. Take part in a high-tempo penalty shootout, which relies on you aiming and reacting to shots.

To add an element of learning to the game, you can win extra chances to score by answering simple maths questions. This game will keep you sharp on the pitch and in the classroom.

What are some FREE 2 player games?

Fireboy and Watergirl

Fireboy and Watergirl gameplay

Fireboy and Watergirl is a fun online single or 2 player unblocked game.

This unique 2D platform game follows two characters collecting diamonds and going on adventures. You can control one player or two simultaneously in Fireboy and Watergirl, making it a two-player game.

Ultimate Chess

Ultimate Chess is a single or 2 player strategy game

The origins of chess date back over a thousand years. People have enjoyed this strategic game since 1500 AC, and here’s why. It’s fun, exhilarating, and also relies on strategy and memory.

In Ultimate Chess, you can play against the computer or your friends. Additionally, you can choose the difficulty settings and build up your skills.

Slime Volleyball

image of 2 player unblocked game Slime Volleyball

Slime Volleyball is a great way to spend some time!

A classic game for wasting time away, Slime Volleyball is addictive, fun, and energetic. Play against the computer or challenge your friends in this wonderfully simple game.

Have fun playing 2 Player unblocked games

Our selection of unblocked games will provide you with hours of fun, whether at school, college, work, or at home. Some classics include chess, car racing games, and volleyball. Finally, there is something for everyone, and they are free and easy to access.

Here at the best NFT news website, we also have a number of guides that provide you with the top NFT games, P2E games, blockchain games available right now.

Have fun!

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y00ts NFT: Are You On The y00tlist? https://nftevening.com/y00ts-nft-are-you-on-the-y00tlist/?utm_source=rss&utm_medium=rss&utm_campaign=y00ts-nft-are-you-on-the-y00tlist Wed, 24 Aug 2022 09:04:23 +0000 https://nftevening.com/?p=75502 A new NFT project, y00ts is garnering a lot of attention in the NFT space. Apparently, even Gary Vee has applied (and has been accepted) for the “y00tiist scholarship”, a

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A new NFT project, y00ts is garnering a lot of attention in the NFT space. Apparently, even Gary Vee has applied (and has been accepted) for the “y00tiist scholarship”, a unique whitelist management system from the project. Moreover, the project recently revealed a secondary NFT collection, t00bs, that brings additional value to all y00ts.

Created by the makers of hit Solana NFT, DeGods, y00ts aims to be the greatest PFP collection of all time. It is also taking a unique approach to NFT intellectual property rights. 

So, let’s dive right in: What is the y00ts NFT collection all about?

y00ts NFT of Yeti-like avatar in sunglasses and green jacket

The project comes from the creators of the popular Solana NFT, DeGods.

What is y00ts NFT?

Reportedly, y00ts is a collection of 15,000 NFTs featuring yeti-like avatars on the Solana blockchain. While the project has only released a handful of art samples, it has mostly received positive responses from NFT Twitter. 

One of the highlights of the project is the y00tlist (aka y00ts scholarship), the project’s unique whitelist management system. According to the project, this is a “simple & secure way for people to get access to the most exciting mints – based on merit”. 

To apply for the y00ts scholarship, users had to connect their Solana wallet using the “apply” button on the project’s website. Then, they had to connect their Twitter profile to verify their identity. Finally, they had to answer a few questions about themselves. Once accepted, all applicants were transparent and public. 

To be sure, this new method might be the solution to avoid spamming by bots. This might also prevent NFT whales from pumping and dumping NFTs. 

The y00ts scholarship applications closed on September 4th. However, DeGods confirmed that the project’s roadmap also includes Scholarships V2, with more details soon to be revealed.

 

Who created y00ts NFT?

The y00ts NFT collection was created by the DeGods team, headed by founder Frank DeGod. DeGods is one of the most popular Solana NFT collections in the market, with a total sales volume of over 900,000 SOL (at the time of writing). With a total of 10,000 NFTs, the project describes itself as a “deflationary collection of degenerates, punks, and misfits.”

While originally called “Duppies”, the team rebranded the project to y00ts in late July. The backing by a well-experienced team is probably one of the main reasons for the hype around the y00ts collection. Already, it boasts close to 94,000 Twitter followers.

y00ts scholarship application page

You can sign up for the scholarship on the website.

What is ⓨ?

Ⓨ is y00ts’ version of registering a copyright and ownership ⓒ with an NFT collection as the governing body. Currently in Web3, holders either get IP rights on their individual NFT or a Creative Commons license (CC0), wherein the rights are in the public domain. This is where Ⓨ differs.

As the project explained, “Each collection would have its own ⓨ registry, where it’s easy to track who’s approved to be using the NFT’s IP. This allows projects to approve & reject usage requests at Web3 speed.”

Furthermore, the project has set up the y00ts st0re, a marketplace for custom-made y00ts traits. Here, any artist can submit their own version of the traits. Those who own the ⓨ for a trait will be able to set the trait’s price in the store, determine its supply, and sell the ⓨ to someone else. Additionally, they can collect 5% of the royalties on every sale of the trait.

image of a t00bs NFT digital vial for the y00ts NFT collection

The team behind y00ts has recently revealed an additional NFT collection titled t00bs. Credit: y00ts

How are t00bs NFTs related to y00ts?

In essence, y00ts and t00bs are two different NFT collections, both built on Solana.  The t00bs are basically vials that allow holders to mint y00ts NFTs. Each accepted scholarship applicant is eligible to mint a t00b on September 4th. The price per y00t NFT is 375 $DUST with a total of 15,000 NFTs available. Those who don’t mint their t00bs lose the chance to get a y00t NFT.

Accordingly, the team also saved 100 y00ts for rejected applicants. Collectors must buy tickets to join the raffle for 1 $DUST per ticket. The winners will receive their y00t NFT via airdrop.

In addition, DeadGods holders can claim a t00b NFT too. Those who claim their t00b NFTs before September 9th can get y00ts for 375 $DUST. Afterward, the price will increase to 500 $DUST per NFT and will continue to increase by 0.8325 $DUST daily until token emissions end. In other words, the earlier you claim your t00bs, the better the deal!

 

What perks do t00bs NFT holders get?

To begin with, each t00b holder will be able to trade their NFT one hour after the y00tlist mint ends. Collectors can burn their t00bs to mint a y00t whenever they want.

Many NFT community members believe the longer you hold on to your t00bs, the bigger the chance to get a rare y00t NFT. In fact, the RTFKT Clone X Mint Vial shared the same concept: collectors were able to trade Mint Vial NFTs that allowed minting RTFKT collectibles.

In that case, the strategy was remarkably successful, with some Mint Vials selling for more than 30 ETH. Either way, the practice adds value to both t00bs and y00ts collectibles in the long run.

Nevertheless, the t00bs NFTs will come with several other perks soon to be revealed.

 

All in all, y00ts NFT is an exciting new project to watch out for this year. Their clever minting plan, the additional t00bs NFT collection, and the ⓨ registry bring long-term value to each holder. Accordingly, the founding team will reveal more exciting surprises after the t00bs minting session ends, so stay tuned! 

Learn More About the Top NFT Projects

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Everything About QQL By Tyler Hobbs and Dandelion Wist https://nftevening.com/everything-about-qql-by-tyler-hobbs-and-dandelion-wist/?utm_source=rss&utm_medium=rss&utm_campaign=everything-about-qql-by-tyler-hobbs-and-dandelion-wist Fri, 12 Aug 2022 08:48:34 +0000 https://nftevening.com/?p=73985 This month, the iconic digital artist Tyler Hobbs revealed his latest generative NFT project: QQL. This innovative platform allows users to create their own digital assets based on unique algorithms.

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This month, the iconic digital artist Tyler Hobbs revealed his latest generative NFT project: QQL. This innovative platform allows users to create their own digital assets based on unique algorithms. In other words, anyone will get a chance to collaborate with Tyler Hobbs and generate valuable artworks.

QQL will auction off 900 mint passes in September, so let’s find out all about this unique project ASAP!

image of Tyler Hobbs discussing the QQL platform

“Fidenza” creator Tyler Hobbs has just announced his latest generative art project, QQL. Credit: Twitter

What is QQL by Tyler Hobbs and Dandelion Wist?

Basically, QQL is a generative NFT project created by Tyler Hobbs and Dandelion West. The team describes this platform as “an experiment in generative collaboration” that engages community members too.

In fact, everybody will be able to test the QQL algorithm to generate their own digital assets. The founding team will release a unique algorithm on the platform and additional tools to use it. Next, community members will be able to create and discover generative artworks based on the same algorithm.

“It’s up to you to decide what speaks to you and to select the final works,” the QQL platform states.

generative NFT artwork created using Tyler Hobbs' QQL paltform

Any user will be able to test and explore the QQL NFT platform, Tyler Hobbs says. Credit: QQL

How can you create generative NFTs with QQL?

According to the official website, everybody will be able to use Tyler Hobbs’ QQL platform for free. However, only those who hold a QQL Mint Pass can actually mint their generated collectibles.

As a Mint Pass holder, you can create a unique “seed” that includes three items:

  • Your digital wallet address;
  • The traits selected on the QQL platform;
  • Your curated entropy.

This way, your generative NFT will feature your own signature. The digital seed also serves as proof of each artwork’s originality.

The QQL Mint Passes will drop as NFTs in September. There will be 900 Passes up for auction via Archipelago, an NFT marketplace dedicated to generative artworks.

Twitter screenshot of Tyler Hobbs announcing his new platform, QQL

Tyler Hobbs announced his latest generative art “experiment”, the QQL platform, via Twitter. Credit: Twitter

Who is behind the project?

To begin with, Tyler Hobbs is among the most successful generative NFT artists to date. Some of his iconic NFTs of the “Fidenza” collection sold for over 1,000 ETH thanks to their simple, yet creative algorithm.

Meanwhile, Dandelion Wist describes himself as a “crypto hacker, founder, and collector”. The developer held a TED Talk discussing the importance of NFT marketplace mechanics earlier this year. Now, he is focused on expanding the Archipelago generative NFT marketplace, which allegedly supports Art Blocks too.

Together with Tyler Hobbs, Wist aims to turn QQL into a long-term generative NFT project available for every art enthusiast.

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5 Best AR Games In 2022 https://nftevening.com/5-best-ar-games-in-2022/?utm_source=rss&utm_medium=rss&utm_campaign=5-best-ar-games-in-2022 Tue, 26 Jul 2022 19:01:15 +0000 https://nftevening.com/?p=72353 The blockchain gaming industry has come a long way. Within the industry, Augmented Reality (AR) games are becoming increasingly popular. Imagine immersing yourself in the gaming universe, blurring the lines

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The blockchain gaming industry has come a long way. Within the industry, Augmented Reality (AR) games are becoming increasingly popular. Imagine immersing yourself in the gaming universe, blurring the lines between the real world and the virtual. This is precisely what attracts gamers to AR games. With the integration of blockchain technology, many of these games now offer NFTs, crypto, and more.

In this guide, we’ll take a look at what are blockchain-based AR games and what are the best AR games you can play in 2022.

An AR game featuring a Wizard casting a spell

This guide will take you through the best AR games you can play today! Credit: Wizardia

What are Blockchain AR Games?

Put simply, AR games are games that incorporate AR technology. To explain, AR games create an immersive gaming experience by integrating the game’s visual and audio with the player’s environment in real-time. For this reason, many have even pegged AR gaming as the next frontier of gaming.

AR games began trending a couple of years ago with the launch of mobile games such as Pokémon GO. Now, with the addition of blockchain elements, AR games have become all the more attractive. Players can truly own, buy, and sell in-game items and even earn while playing.

What are the 5 Best AR Games In 2022?

Now that we’ve covered the basics, let’s take a look at the best five AR Games you can play today:

Realm

Realm is an immersive, play-to-earn metaverse that allows players to express their artistic side in the virtual world. Essentially, Realm is a community-driven, cross-chain project that enables users to create a personalised NFT microverse. They can customise their microverse as they please by adding art, music, and games, and then present them in AR. Moreover, you can play games and collect rare NFTs, explore exhibitions and events, and connect with other players. 

An augmented reality (AR) gaming world

Realm lets players enjoy full creative freedom. Credit: Realm

As is typical with NFT AR games, every asset in Realm is an NFT. Notably, players can mint the NFTs on various chains, including Layer 2 Polygon, Ethereum, Binance Smart Chain, and the Reef Chain. The game also offers its own utility token, $REALM, which is available on PancakeSwap, Uniswap, Bitrue, and LATOKEN.

Wizardia

Wizardia is a play-to-earn fantasy metaverse game set in a post-apocalyptic world. A turn-based battler game, it also offers RPG (role-playing game) elements. In essence, the gameplay involves players acquiring wizards and battling other players in the arena with teams of three wizards. Furthermore, the game offers both PVE and PVP gaming modes.

Three wizards in wizardia

In Wizardia, you can battle other players in teams of three Wizards. Credit: Wizardia

The game also comes with a range of earning opportunities. This includes investing in genesis NFTs, battling in the arena, winning tournament prize pools, and selling or renting Wizard NFTs. Notably, the AR game offers a top-notch art style with a blend of dark fantasy and sci-fi elements. This, in turn, makes the immersive experience all the more exciting!

Polka City

Touted as the world’s first AR NFT multi-chain social platform and video game, Polka City is available on both Ethereum and BSC. Essentially, the game allows players to invest in virtual assets in the form of a virtual city. The NFTs range from ATMs, Bugatti, Hotel, and Car washes, to Vending Machine, and more, which you can use in the game. 

Polka City gaming world

Polka City is a multi-chain AR game. Credit: Polka City

“Polka City will be the driving force in collaboration vs. competition, bringing a diverse and educated community and team,” the project notes on its website. Currently, the game is in Beta and the full version will launch in Q3 2022.

Arcona X-Reality Universe

Arcona claims to be the globe’s first platform to offer AR cloud access worldwide. In fact, it combines the functions of AR, 3D simulation, artificial intelligence, and blockchain technology. Through its X-Reality metaverse, it brings together the real and virtual worlds via an AR layer. 

A peer-to-peer network, the metaverse offers a range of digital assets, including digital land. It uses SLAM (Simultaneous Localization and Mapping) to automatically create a global layer of AR across the globe. In other words, it is a virtual version of the earth, with each location linked to a real-life location. 

A woman touching a virtual dinosaur

X-Reality Universe is an AR game like no other! Credit: Arcona

By purchasing a parcel of ​​Digital Land, you get a fully-ready, interactive virtual version of a physical location. For example, by sitting in London, you can get a parcel of land in Times Square, New York and run an interactive event there.

Dogemon 

Dogemon is a play-to-earn, walk-to-earn mobile AR game and metaverse. The gameplay is quite simple—you have to locate, capture, train, and battle virtual companions called Dogemons. In that regard, the game is not unlike the popular AR game, Pokémon GO.

Various virtual animals in AR game Dogemon 

You can collect and train companion NFTs in Dogemon. Credit: Dogemon

Besides, you can create your own 3D avatars in the game. You can also own land in the metaverse, become a landlord, and earn while letting others play on your property. Alternatively, similar to STEPN, you can move to earn by being an active player or by walking, jogging, or running. For this, you need to own the metaverse’s Rocketshoe NFTs. 

All things considered, AR gaming is a growing industry and we can expect more games to drop in the near future. That said, each game has its own unique offerings, some better than the other. If you are new to the space, try out a few games to see what works for you. Finally, as always, do your own research before making any investments. 

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STEPN Explained: Work Out and Make Money! https://nftevening.com/stepn-explained-work-out-and-make-money/?utm_source=rss&utm_medium=rss&utm_campaign=stepn-explained-work-out-and-make-money Sun, 24 Jul 2022 09:53:34 +0000 https://nftevening.com/?p=72024 What if you could make money while running, jogging, or going for a walk? If earning while exercising sounds appealing, then the move-to-earn Web3 lifestyle app, STEPN is just what

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What if you could make money while running, jogging, or going for a walk? If earning while exercising sounds appealing, then the move-to-earn Web3 lifestyle app, STEPN is just what you need. A popular mobile NFT game in the GameFi space, the app lets holders of STEPN NFT sneakers earn tokens by walking, running, or jogging. 

In this guide, we’ll cover what STEPN is, how the app works, how you can earn using the app, and more. 

Illustration of a woman running

You can move to earn with the app! Credit: STEPN

What is STEPN? 

STEPN is a Solana-based Web3 lifestyle app featuring in-built GameFi and SocialFi parameters. A move-to-earn app, STEPN launched in December 2021 with a bang. Essentially, the app aims to encourage users to adopt a healthier lifestyle, all the while helping to offset carbon. At the same time, thanks to STEPN’s SocialFi elements, users can also access user-generated Web3 content.

Can I really earn crypto by walking?

In short, yes! Much like the regular fitness apps in the market, STEPN tracks your daily activity, be it running, jogging, or walking. However, STEPN has one major difference—it lets you earn crypto while keeping yourself fit. However,  the amount of crypto you earn depends on a range of factors. For one, each NFT sneaker comes with its own activity level. If your speed exceeds or drops below this level, you won’t earn tokens. 

Let us explain…

STEPN NFT sneakers in multiple colours

The NFT sneakers come with a range of characteristics.

How Does STEPN Work?

Basically, users “wear” digital sneakers represented by NFTs. These sneaker NFTs earn the user a coin called Green Satoshi Token, or GST. Users receive GST simply by walking or running.  Then, they can level up their NFT sneakers or mint more. And all the while, they are keeping fit!

Coins in the STEPN Ecosystem: GST vs GMT

Actually, there are two tokens in the STEPN ecosystem: Green Satoshi Token (GST) and Green Metaverse token (GMT).

About Green Satoshi Token (GST)

Green Satoshi Token, or GST, is awarded to users mainly for running, walking and jogging. However, users can also mint GST in a Token Generation Event (TGE). With this token, users may upgrade gem items. Plus, if you want to mint new sneaker NFTs, you’re going to need GST. You can also earn GST by lending or selling your STEPN sneakers.

Green Metaverse Token (GMT)

On the other hand, Green Metaverse Token (or GMT) is a governance token. In short, GMT allows users to level-up and change sneakers’ names. To start earning STEPN’s governance token, you must have at least 3 “energy”. However, bear in mind that only those who get their NFTs to level 30 may swap GMT with USDC.

How to get started with STEPN

  • Download the STEPN app from Appstore or Google Playstore.
  • Then, sign up on the app using your email address.
  • Once you are in, click the “Wallet” icon on the app and follow the prompts to create a new wallet. 
  • Make sure that you have enough SOL in your wallet to buy your NFTs.

Now you can buy your first sneaker and start your move-to-earn journey!

How to buy a STEPN Sneaker NFT

You can get one on all of the leading marketplaces compatible with solana such as Magic Eden. Right now, the floor price is around 1.5SOL (or around $42 at the time of writing). But choose wisely! Each STEPN Sneaker gives the user a choice of certain attributes which influences its energy.

STEPN NFT sneaker marketplace

You can buy the NFT sneakers on the app’s marketplace.

This is how each attribute works:

  • Efficiency: Higher efficiency sneakers will earn you more tokens per Energy spent.
  • Luck: Luck determines your chances of getting a “Mystery Box”. These boxes come with gems that can add features to your sneakers.
  • Resilience: Essentially, Resilience increases your sneaker’s durability by reducing wear and tear. If you don’t repair your sneakers, it will diminish their earning potential. 
  • Comfort: Finally, Comfort determines your sneaker’s ability to earn GMT, STEPN’s governance token. You can not only use GMT to exercise your voting rights but also to rename and level up your sneakers, among others.

But what is Energy in STEPN…and what’s an energy cap?

The amount you can earn depends depends on your sneaker’s ‘Energy’—the unit for a set period users may earn whilst exercising per day. The Energy, in turn, depends on the number and types of NFT sneakers you own.

For example, if you are a new user, you may start out with the Common sneaker with 2 Energy. 2 Energy allows a user to earn for ten minutes of your work-out per day. Then, you’ll also have to wait 24 hours for the Energy to replenish. However, the more NFT sneakers you have, the more earning time you will get. For example, three sneakers will get you four Energy.  

Accordingly, the energy cap is a limit on the amount of rewards each user can make. The more sneakers you have, the more money you can make…but only until the 20 energy cap.

How Much Can You Earn With STEPN?

So, how much can you actually earn with STEPN? At the time of writing, STEPN token GST was valued at $0.02. On average, a basic sneaker can earn 5 GST per Energy. Therefore, for starters, you can earn $0.1 for your every move. That said, GST is a volatile token, just like other cryptocurrencies. In fact, previously, GST’s value was much higher—around $8.51 in April. To be sure, some users have even reported earning $400 a day.

Can you cheat in move-to-earn games?

If you think you can easily earn using STEPN (maybe even cheat) and cash out, you are in for disappointment. Apart from its intricate move-to-earn mechanics, STEPN has several anti-cheating systems in place. For one, the app tracks your movement using GPS. So, no—running on treadmills won’t count. Similarly, the app has motion sensors to detect your movements. That is to say, taking your STEPN app on a ride outside isn’t going to work.

How The STEPN app works

In total, the game now offers three modes: Solo , Marathon and background.

Solo Mode

For Solo mode, you can wear your digital sneakers to earn for every movement. Then, each aspect of the sneaker (like efficiency or comfort) might affect the rate of GST you can earn. Then, as previously mentioned, this will cost the user “energy”. Only users with sneakers above level 30 may choose whether to earn GST or GMT. But no matter your level, once you’re out of energy, the earning comes to a halt.

Marathon Mode

You can participate in weekly or monthly marathons by registering at least 24 hours before under the “Marathon tab”. However, you should note that users can only take on one marathon at a time.

Weekly marathons come in 2 lengths: 2.5km and 7.5km. Then, Monthly marathons come in 3 lengths. Users have the choice to run km, 10km or 15 km for the month.

Background mode

STEPN also allows users to earn GST offline with Background mode. With just one pair of NFT sneakers and no repair charges, STEPN accesses your phone’s health data to find out your step count. Plus, it doesn’t impact the sneaker’s endurance, meaning you can earn passive income with the STEPN app working in the shadows.

Different STEPN tokens

The game offers two different tokens.

Where can I buy STEPN (GMT)

STEPN’s Green Metaverse Token, or GMT, is available on most popular exchanges, including: Binance, Coinbase and Gemini. Plus, at the time of writing it’s a total steal at just 0.02 per coin.

Is STEPN a good investment?

All in all, STEPN is a unique move-to-earn app that brings together both fitness and Web3 enthusiasts. However, the key is to balance the cost of buying new NFT sneakers and the potential gains of working out. Besides, given the volatility of the STEPN tokens, not to mention their current decreasing value, there are ample risks involved. Therefore, make sure to do your due diligence before making any investment decisions.

The Founders of STEPN

Australian fintech firm, Find Satoshi Lab, created the STEPN app. Founded by Jerry Huang and Yawn Rong, STEPN made its debut at the Solana hackathon in October 2021. While Huang is a serial entrepreneur, Rong is a blockchain venture capitalist. As soon as the app officially launched in December, thousands of users started signing up, so much so that the team had to limit the number of daily registrations. 

“My business partner and I were talking about how awesome Axie Infinity is for what they did,” Rong told NFTevening in a recent interview. “But then we realized there’s still room to improve, and we can take it into an alternative form, or a new genre of play-to-earn. Which is basically when we proposed move-to-earn.”

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Farmers World: Everything You Need To Know https://nftevening.com/farmers-world-everything-you-need-to-know/?utm_source=rss&utm_medium=rss&utm_campaign=farmers-world-everything-you-need-to-know Thu, 07 Jul 2022 23:39:58 +0000 https://nftevening.com/?p=70131 Farmers World is a top-rated NFT farming game on the WAX blockchain. With up to 150,000 active users, it is one of the fastest-growing games in the NFT ecosystem. To

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Farmers World is a top-rated NFT farming game on the WAX blockchain. With up to 150,000 active users, it is one of the fastest-growing games in the NFT ecosystem. To start the game, you only need a WAX wallet to begin farming.

It is a straightforward, enjoyable play-to-earn (P2E)game that allows you to work as a farmer and enjoy the benefits of the Farmers World ecosystem. You can find tools, exploit various resources, buy land to build enormous farms, and much more. 

Image of Farmers World game featuring a farmer animals and a farm

Farmers World is an incredibly popular NFT P2E game on the WAX blockchain.

What is Farmers World?

This P2E farming game has become one of the biggest games in the NFT space. In fact, according to DappRadar statistics, the game is the third most popular game behind Splinterlands and Alien Worlds. Significantly, it is ahead of Axie Infinity, the largest game in the NFT space at one time. 

With over $9 million worth of transactions and up to 150 thousand players, it continues to impress. The game has constant updates and an incredibly active community.

One of the biggest factors in the popularity of Farmers World is how much you can do in the game. As a farmer, every aspect of the game depends on your choice, including the tools you use and what you can find with them. Choose how you want to live as a farmer, with mining, breeding, building, cultivation and protection from wild animals as options.

How to play Farmers World

To play the game is simple. Connect your wallet, and you are ready to go. To farm, you need tools. There are two ways to get these tools. There is a purchase option on AtomicHub, the WAX NFT marketplace. Secondly, you can use the impressive craft feature within the game to create new tools. 

Once you have selected the tools you want to use in Farmers World, you can begin working. The tools you choose will determine your role. If you’re raising animals, such as chickens and cows, you need to build a shelter for the animals. If you want to mine, you will need tools like an axe, chainsaw or a mining cultivator.

As a farmer, there are specific resources on offer. One of the simplest ways to build up your resources is through mining. You can farm gold and NFTs by simply mining and playing the game. However, if you want to create your tools to help you progress in the game, you can use the resources you mine to do so.

In total, there are three primary resources in the Famers World ecosystem. These are Wood, Food and Gold. They also have corresponding tokens, which are FWW (Wood), FWF (Food), and FWG (Gold). Essentially, users can buy and sell these tokens vii a decentralized marketplace such as Alcor. 

image of cartoon farm

Within Farmers World, the third biggest game in the NFT space, you take on the role of a farmer. You can also choose how you want to navigate the ecosystem.

What next for the game?

Farmers World continues to prove incredibly popular with the NFT P2E gaming community. In the last 24 hours, over 107,000 people have played the game.

However, some community members have raised issues with the lack of updates and communication since May.

What’s more, the price of the resources has also plummeted, and now the community is attempting to burn large quantities daily. 

Some of these issues could be down to poor communication via Social Media. Furthermore, until February, the team behind the popular NFT game was producing a ‘monthly report’ for fans of the game. Unfortunately, this has not changed in almost five months.

Finally, the Farmers World NFT P2E game will need to update players in the coming weeks and develop a plan for the price drop of resources and much more. 

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Crypto Cannabis Club Gnomies Collection: What You Should Know https://nftevening.com/crypto-cannabis-club-gnomies-collection-what-you-should-know/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-cannabis-club-gnomies-collection-what-you-should-know Wed, 06 Jul 2022 15:58:18 +0000 https://nftevening.com/?p=69960 The Crypto Cannabis Club (CCC) is all set to drop its latest NFT collection, called Gnomies. As we know, CCC is one of the leading NFT projects for psychedelic connoisseurs

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The Crypto Cannabis Club (CCC) is all set to drop its latest NFT collection, called Gnomies. As we know, CCC is one of the leading NFT projects for psychedelic connoisseurs and digital art lovers. After a successful genesis drop of NFTokers in July last year, the project is back with its newest collection, dropping this month. 

So, what is the Crypto Cannabis Club Gnomies collection all about? More importantly, when will the Gnomies NFTs drop and how can you mint these NFTs?

A colourful Gnomies avatar from Crypto Cannabis Club

Crypto Cannabis Club’s Gnomies NFT collection will drop this month.

What is the Crypto Cannabis Club Gnomies Collection?

The Crypto Cannabis Club’s lore is set in the year 3,000, where CCC is the “biggest name in the weed game across the galaxy”. Its ever-expanding ecosystem includes NFTokers, Tokin Boss, NFTokins, and more. The latest addition to this CCC universe is the Gnomies.

“The Gnomies share the Tokers’ love for plant medicines, fun and psychedelic experiences,” CCC wrote in a blog post. “The Gnomies will add new art, new benefits and new experiences for the Crypto Cannabis Club community.”

Primarily, Gnomies NFT holders will receive discounts on products and experiences. Already, Crypto Cannabis Club has partnered with Mycological.co and My Personal Plants for the same. Furthermore, in the coming weeks and months, CCC will add more utility partners to Gnomies. Additionally, holders can expect special events and experiences in the future. 

When is the Gnomies NFT Collection Mint? 

Crypto Cannabis Club’s Gnomies NFT collection will go live between July 11 and July 13. While the greenlist pre-mint will happen on July 11, NFToker mint and the public mint will follow on July 12 and 13, respectively. 

Now, greenlist members can mint the Gnomies NFT for free (plus gas fees). Wallets with the following NFTs as of 12:01 am ET on July 8 are eligible for the greenlist mint:

  • A full set of all three CCC collectibles – Trippy, Drippy, and Ganji.
  • A Tokin Boss.
  • An NFToker with Mushroom Drip Property.

Then, wallets with at least one NFToker can mint one Gnomies per NFToker for 0.05 ETH + gas fees. Finally, during the public sale, anyone can mint the NFTs for 0.10 ETH each. 

The Gnomies NFT artwork

The Gnomies NFT artwork is spectacular!

About Crypto Cannabis Club

Launched in July 2021, Crypto Cannabis Club is the brainchild of Ryan Hunter, Kevin Fitzpatrick, and Jimmy Fitzpatrick. While Ryan comes with a wealth of experience in the technology sector, both Kevin and Jimmy are well-experienced in the Cannabis industry. With the CCC project, the founders aimed to bring together cannabis connoisseurs and crypto enthusiasts. 

Today, the 10K CCC NFTokers genesis collection boasts over 4,400 ETH in all-time sales. Besides, it has a floor price of 0.17 ETH. It’s other sub-collections are also doing reasonably well. Nonetheless, it remains to be seen how the Crypto Cannabis Club Gnomies NFT collection will fare in the current bear market. 

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Top 10 Celebrity NFT Portfolios In 2025 https://nftevening.com/top-celebrity-nft-portfolios/?utm_source=rss&utm_medium=rss&utm_campaign=top-celebrity-nft-portfolios Wed, 06 Jul 2022 09:06:10 +0000 https://nftevening.com/?p=69918 Since early 2021, NFTs have grown in leaps and bounds, with a range of industries adopting these digital assets. And one of the major reasons for the widespread reach of

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Since early 2021, NFTs have grown in leaps and bounds, with a range of industries adopting these digital assets. And one of the major reasons for the widespread reach of NFTs is celebrity endorsements. While some A-listers have released their own NFTs, others have been eagerly collecting some of the hottest NFTs in the market. From musicians to comedians and athletes, a slew of celebrities has invested hundreds of millions of dollars into their NFT portfolios. So, what does the top celebrity NFT portfolio look like today?

What are the top 10 celebrity NFT portfolios?

Last month, CMC Markets ranked the celebrities with the most expensive NFT portfolios in the world. Based on the data from Rarible and DappRadar, CMC ranked the celebrities by the value of their most recent sale. Notably, 60% of the celebrities on the list are from the music industry. 

Unsurprisingly, Bored Ape Yacht Club NFTs are the most popular among the A-listers. Indeed, as the top-grossing blue-chip collection, Bored Apes have often been the first choice of high net-worth individuals as they embark on their NFT journey.

Let’s take a closer look at the top 10 celebrity NFT portfolios based on the data from June 2022:

1. Snoop Dogg owns the most expensive celebrity NFT portfolio

Thanks to CryptoPunk #8472, American rapper Snoop Dogg takes the top spot in the celebrity NFT portfolio ranking. CryptoPunk #8472, which is the most expensive NFT he owns, was last sold for around $1.71 million. The rapper also holds several other CryptoPunks, Bored Apes, Meebits, Moonbirds and more, amounting to an estimated NFT portfolio value of $4.63 million. Moreover, his last sale crossed $1.2 million.

2. Steve Aoki

The celebrity on the second spot is American DJ, Steve Aoki, with an NFT portfolio value of around $903,000 and a last sale worth $484,000. Aoki is an avid NFT collector and is known for his infamous “Aoki curse”. He owns multiple Bored Apes, some worth over $200,000. He also owns a CryptoPunk, several Moonbirds, Mutant Apes, Azuki, CloneX, and more.

American DJ Steve Aoki

Steve Aoki owns a wide range of NFTs. Credit: Wikimedia Commons

3. Madonna

Singer, songwriter, and actress, Madonna made an impressive recent sale of $324,000, placing her at rank three. With an estimated NFT portfolio value of $215,490, her most expensive NFT is Bored Ape #4988. She recently made headlines for performing at the World Of Women NFT.NYC party

Madonna celebrity NFT portfolio featuring a pink Bored Ape

Madonna bought a rare Bored Ape NFT early this year. Credit: Twitter

4. Travis Barker

American musician Travis Barker aped into BAYC early this year after buying Bored Ape #7765 for around $241,000 at the time. This purchase has placed him at the fourth position on the top celebrity NFT portfolio list. However, his portfolio value has dropped to around $173,000.

5. Paris Hilton

Parish Hilton has long been an NFT advocate, with an estimated NFT portfolio worth about $453,700 and a last sale of nearly $215,000. Notably, the most expensive NFT on her portfolio is also a Bored ape. Early this year, she bought Bored Ape #1294 and showed it off on Jimmy Fallon’s TV show. She has also launched her own animated NFT collection called Past Lives, New Beginnings.

Celebrity NFT holder Paris Hilton sing a DJ console

Paris Hilton’s NFT love needs no introduction. Credit: Paris Hilton

6. Logan Paul

YouTuber Logan Paul owns several CryptoPunks, World of Women NFTs, Otherdeeds, and Tom Sachs Rocket Factory, among others. Of this, CryptoPunk #2294 takes the crown as his most expensive NFT. While his celebrity NFT portfolio is worth nearly $979,000, his last sale came up to around $200,000.

7. Dave Chappelle

American comedian Dave Chappelle has an estimated NFT portfolio worth about $263,000. Recently, he bought Bored Ape #8343 for 99 ETH. This is currently the most expensive NFT that he owns.

8. Von Miller

American football star Von Miller boasts an NFT portfolio worth around $863,000. His most expensive NFT purchase is Bored Ape #1432, worth around $167,000. Some of the other NFTs in his collection include World of Women collab pieces, RTFKT Space Pods, and even an M1 Mutant Serum. 

9. Justin Bieber

Early this year, Canadian singer Justin Bieber made headlines after buying a Bored Ape for a whopping 500 ETH or $1.3 million at the time. Needless to say, this Bored Ape #3001 is currently the most expensive NFT in his portfolio. He also owns a Mutant Ape and several CloneX, Doodles, CyberKongz, and World of Women, among others. 

Bored Ape #3001 in a black tshirt from celebrity NFT portfolio

Justin Bieber bought Bored Ape #3001 early this year.

10. Post Malone

With a last sale worth $154,000, American rapper Post Malone is another celebrity with a Bored Ape as the most expensive NFT in their portfolio. In fact, the famous musician holds several Bored Apes, two of which he bought for over $700,000 late last year. Crypto Tards, Chromie Squiggle, Divine Anarchy, and more are also in his portfolio. 

While the above list only features the top 10 celebrity NFT portfolios, a host of other celebrities have invested huge sums into NFTs. This includes athletes Serena Williams, LaMelo Ball, and Shaquille O’Neal and entrepreneurs Alexis Ohanian, Gary Vee, and Marc Cuban. While the celebrity hype can create FOMO and tempt you into investing in NFTs, always make sure to do your own research before taking the leap. 

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Doodles 2: Everything About The New Doodles NFT Collection https://nftevening.com/doodles-2-everything-about-the-new-doodles-nft-collection/?utm_source=rss&utm_medium=rss&utm_campaign=doodles-2-everything-about-the-new-doodles-nft-collection Fri, 01 Jul 2022 06:36:00 +0000 https://nftevening.com/?p=69326 At long last, the picture around the highly anticipated Doodles 2 NFT collection is becoming clearer. The Doodles team teased some more details about their expansion collection at NFT NYC.

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At long last, the picture around the highly anticipated Doodles 2 NFT collection is becoming clearer. The Doodles team teased some more details about their expansion collection at NFT NYC. Not only that, but Doodles just held a successful auction for its Genesis Box NFTs that will play a major role in the Doodles 2 ecosystem.

But what even is the Doodles 2 collection? How big is it and when can you pick one up? Read on for all the answers.

Doodles 2 Logo

The road to the Doodles 2 NFT collection has just begun.

All about the upcoming Doodles 2 NFT collection

Recent news of Doodle’s new NFT collection came directly from the team at Doodles’ NFT NYC event. Notably, the web3 brand’s announcement of Pharrell Williams as its new Chief Brand Officer was widely celebrated in the NFT space. By the same token was the announcement of a major investment from Alexis Ohanian’s VC firm, Seven Seven Six.

During the conference, Doodles also released the Doodles 2 trailer. The video shows a Doodles avatar creating a Dooplicator (more on that later) and using it to brighten up the world. Instantaneously, a dull monochromatic world and its inhabitants are transformed into a joyful range of colours—the pastels and rainbows typical to the collection.

One can also see various Doodles traits and accessories making a splash. All this while Pharrell Williams’ ‘Come Get it Bae’ plays in the background. For the uninitiated, Williams wrote, produced, and performed the hit song, which released back in 2014. Doodles fans received the trailer with much fanfare and it has already neared 375,000 views on Twitter!

Doodles 2 trailer featuring an animated character with rainbow and other accessories

Pharrell Williams added his magic to the Doodles 2 trailer!

Just as exciting of course, was the additional updates on the Doodles 2 collection. To explain, the original Doodles collection is limited to only 10,000 NFTs. In contrast, Doodles 2 is the brand’s effort to bring Doodles to a mass audience. In fact, the team has suggested that there could be millions of these new NFTs.

All in all, the goal of the Doodles 2 collection is to be customizable and accessible. Basically, people can buy a basic Doodles NFT, choose some basic traits, and further customize their NFT with different wearable and accessories. They can not only change the way their NFT looks, but even switch between full-body or PFP avatars. What’s more, these wearables will have varying rarities, adding some more excitement to this mix.

What blockchain will Doodles 2 be on?

Significantly, in service of their goal of accessibility and to facilitate gasless customizing, the Doodles team has confirmed that Doodles 2 will not be on Ethereum. While the team is yet to decide what chain Doodles 2 will live on, it has confirmed that it is considering both Layer 1 blockchains, and Ethereum Layer 2 scaling solutions.

Another key point that many on NFT Twitter have pointed to is the major Dapper Labs connection to Doodles. Two of the Doodles founders, Evan Keast and Jordan Castro, previously worked at Dapper Labs. The company, which created both the CryptoKitties and NBA Top Shot, has its own blockchain called Flow. Thus, many are predicting that Doodles will be on Flow.

Even so, we won’t know for sure until the team announces its decision. And of course, regardless of the Doodles 2 chain, the team has affirmed its commitment to continue to build for its community on Ethereum.

Genesis Box NFTs for Doodles 2

Doodles went with an innovative auction method for its Genesis Box NFTs.

What are the Genesis Box NFTs

To sum up simply, Genesis Boxes are the initial set of accessories that will be used to customize Doodles 2 NFTs. As the Doodles website states, “Each one-time-use Box contains a rare assortment of apparel and accessories.”

There are a total of 24,000 Genesis Boxes. The first 4,000 Genesis Boxes went to Doodles holders and their guests in person at NFT.NYC. Through a partnership with Shopify, buyers could reserve a box for $123 using a credit card. Not to mention the funky “minting machines” that added to the in-person buying reservation experience.

Tweet from Nate Ale about Bucket Auction

The Doodles Bucket auction appears to have succeeded in avoiding a gas war!

The Bucket Auction for Genesis Boxes

The other 20,000 Genesis Box NFTs went on sale in what Doodles called a “bucket auction”. Nate Alex (@NateAlexNFT on Twitter) explained in a thread the reasoning behind the move.

The Bucket auction allowed people to submit bids between 7 PM EST June 29, and 7 PM EST June 30. The idea being that the large window would prevent gas from being too high at any one time because of people bidding all at once. Then, as Alex explained,

“At the end of the window, there is a threshold price which must be cleared in order for your bid to be accepted. If your bid is 2x the threshold, you will receive 2 NFTs. If it’s 1.25x the threshold, you’d be able to refund yourself the excess above the threshold”.

In addition, anyone whose bid fell under the threshold price received a refund of their bid. Aside from saving a ton of gas fees, the Bucket Auction also allowed the market demand to effectively set the mint price of the Genesis Boxes. Evidently, the tactic worked as planned, as Nate Alex later tweeted that his winning bid cost him just $2 in gas fees!

In the end, the Doodles website reports that there were ultimately 4,446 winning bids for the 20,000 Genesis Boxes. Conversely, 2,172 bids didn’t win an NFT but will be refunded. The threshold price for the NFTs ended up being 0.508 ETH. Interestingly, the infamous NFT collector Pranksy landed as the top bidder, paying 290.01 ETH for a total of 570 boxes.

Doodles Dooplicator

We finally know how the Dooplicator NFTs will add to the new collection.

How do the Dooplicator NFTs play into Doodles 2?

To sum up the Dooplicators, these were a secondary collection of NFTs that Doodles released back in May. Doodles holders could claim the Dooplicators for free (+gas) for each of their Doodles NFTs. At the time of their launch, there were precious few details about the Dooplicators. However, we finally got some more information about them at NFT.NYC.

The utility of the Dooplicators is that they produce wearables for the Doodles 2 ecosystem. Not only can they “dooplicate” accessories from the Genesis Box NFTs, but they can also reproduce traits from the original Doodles collection.

Clearly, given how the customization factors into the Doodles 2 experience, the Dooplicators value comes from their importance to the long-term functioning of the new collection.

When can you buy a Doodles 2 NFT?

Although there is no firm date yet, the Doodles 2 NFTs will be launching sometime this year. Until then, stay tuned to learn all about the exciting developments with this expanding NFT brand.

About the Doodles NFT collection

Evan Keast, Scott Martin (aka ‘Burnt Toast’), and Jordan Castro launched the Doodles NFT collection back in October 2021. The collection features humans, cats, aliens, pickles, and more with an attractive, pastel aesthetic. Since its launch, the project has become one of the most beloved NFT collections in the space, amassing nearly 358,000 followers on Twitter alone.

Of course, the project has also significantly expanded its ecosystem, much to the joy of its collectors. With NFT merch, Dooplicators, Genesis Boxes, and now the Doodles 2 collection, the project is cementing itself as a true blue-chip collection.

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CyberBrokers NFT: Everything To Know https://nftevening.com/cyberbrokers-nft-everything-to-know/?utm_source=rss&utm_medium=rss&utm_campaign=cyberbrokers-nft-everything-to-know Mon, 27 Jun 2022 23:45:00 +0000 https://nftevening.com/?p=68858 While the current bear market in NFTs has wiped out a lot of shaky projects, those with firmer foundations have continued to grow their communities and brands. The CyberBrokers NFT

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While the current bear market in NFTs has wiped out a lot of shaky projects, those with firmer foundations have continued to grow their communities and brands. The CyberBrokers NFT project fits squarely in the latter category. With its futuristic, cyberpunk art, and well-thought-out storytelling, CyberBrokers has established itself as an NFT project to watch.

CyberBrokers NFTs

Time to learn all about the popular on-chain NFT collection, CyberBrokers.

What is CyberBrokers NFT?

CyberBrokers is a collection of 10,001 on-chain NFT collectibles. Besides bringing holders together in the CyberBrokers community, the NFTs also provide membership and access to different kinds of experiences in the metaverse.

The CyberBrokers NFT collection also comes along with extensive lore. Each of the CyberBrokers NFTs has a name and belongs to one of six classes. According to the CyberBrokers story on its website, the story behind the collection takes place on a post-apocalyptic planet Earth.

“The earth is frozen. Locked in a modern ice age. The world governments had come together with a plan to save humanity by moving everyone into the metaverse. It had been called “The Paradigm Shift”. The first ten thousand volunteers, ready to light the way, were called CyberBrokers.” There’s even a podcast you can listen to for more of the lore behind the CyberBrokers NFTs.

For those who don’t know, CyberBrokers stands out as being one of only a few NFT collections to be fully on-chain. Indeed, most NFTs only store some of their data on the blockchain. Namely, the token ID and a link to the token metadata.

In contrast, CyberBrokers stores all of its data on the Ethereum network. This includes the broken down and compressed SVG files of the art, as well as the CyberBrokers metadata. By the same token, a cached image of the compiled CyberBrokers NFTs is stored on IPFS. By being fully on-chain, CyberBrokers is ensuring the security and decentralized approach of its NFT project.

CryptoBrokers NFT artist Josie Bellini

Renowned crypto artist Josie Bellini is behind the CryptoBrokers NFT collection. Credit: Robin Subar | Classic Chicago Magazine

Who created CyberBrokers NFT?

The creative force behind CyberBrokers is the acclaimed crypto artist Josie Bellini. Going from a career in finance, Bellini left that industry to be a part of the crypto revolution. As a matter of fact, Bellini has been creating crypto art as far back as 2017.

Bellini has amassed some impressive accomplishments since her start as a crypto artist. For example, she has had her work on display at major conferences like Consensus and NFT NYC. In addition, she has sold artwork at the two major auction houses when it comes to NFTs, Christie’s and Sotheby’s.

Rounding out the CyberBrokers team are Azamat Khairov (who created the CyberBrokers art with Bellini), blockchain engineer Ben Heidorn, and eCommerce veteran Christopher Chapman.

CyberBrokers NFT poster

The collection minted back in March 2022. Credit: CyberBrokers

How to buy these on-chain storytelling NFTs

The CyberBrokers NFTs were first available to mint in March of this year. What’s more, they minted for 0.35 ETH through an entirely allow-listed sale. That is to say that there was no public sale.

As of now, you can buy CyberBrokers on the secondary market. This popular NFT collection currently sits at a floor price of 1.9 ETH. As far as secondary trade volume, CyberBrokers has brought in 33.1K ETH so far.

Like many projects, the floor price of CyberBrokers fell from its lofty heights since the downturn in the NFT market. As a matter of fact, the collection hit an all-time high floor price of 5.877 ETH in April. Nevertheless, the project is still in the top 35 of all collections on OpenSea by floor price. This just goes to show the strength of the community that CyberBrokers has created so far.

 

All in all this highly creative project has secured a really firm foundation thanks to its accomplished creator and focus on community-building and storytelling. As hard as it is to predict which NFT projects will make it through the current bear market, CyberBrokers certainly has the right approach to doing just that.

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Moonrunners NFT: What is it All About? https://nftevening.com/moonrunners-nft-what-is-it-all-about/?utm_source=rss&utm_medium=rss&utm_campaign=moonrunners-nft-what-is-it-all-about Sun, 26 Jun 2022 15:24:19 +0000 https://nftevening.com/?p=68661 Recently, the Moonrunners NFT collection has been creating quite a buzz in the NFT space. In fact, it ranks second in terms of NFT collections with the highest trading volume

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Recently, the Moonrunners NFT collection has been creating quite a buzz in the NFT space. In fact, it ranks second in terms of NFT collections with the highest trading volume in the last 24 hours on OpenSea (at the time of writing). It is second only to the OG NFT collection, CryptoPunks. So, let’s dive right in: What is the Moonrunners NFT collection all about and why is it trending?

Four Moonrunners wolves infront of a giant moon and mountains

Moonrunners is the latest free-to-mint NFT collection to hit the scene.

What is Moonrunners NFT collection?

Moonrunners is a collection of 10,000 handcrafted PFP NFTs. A free-to-mint NFT collection, Moonrunners follows in the footsteps of several NFT projects that recently became a hit. This includes Goblintown.wtf, We Are All Going to Die (WAGDIE), and For The Culture

Apart from being free to mint, Moonrunners have several other things in common with the above projects. For instance, it has no roadmap or Discord. Indeed, the project wants to “cut out the noise and need to go to Discord to stay up to date”. More importantly, it aims to “under promise and overdeliver”—a line that has become consistent with many recent free-to-mint NFTs. 

In addition, Moonrunners is a CC0 NFT collection. To explain, CC0 stands for creative commons zero, meaning, it has no copyrights. In other words, you can modify and distribute the work as you please, including for commercial purposes.

Who created Moonrunners NFT?

A team of six artists, developers, lore writers, and advisors created the Moonrunners NFT collection. Hailing from across the globe, the creators are NFT natives with prior project experience.

Furthermore, Moonrunners is a story-driven project. According to the project’s website, the lore goes as follows:

For the longest time, this Wolfpack lived in harmony and peace on Primordia among humankind, but one month would change the course of history forever and now the Crimson full moon is coming once again…”

Fans and collectors can follow the story on the project’s Twitter, which already has over 14,000 followers. The idea is to “enjoy the ride”. Besides, the team promises that they have “plenty to offer”. However, they are yet to reveal the exact utilities, if any. 

Different Moonrunners avatars

The collection is already trending!

How to buy a Moonrunners NFT

As previously mentioned, Moonrunners dropped as a free-to-mint collection. This meant that everyone could mint up to two NFTs for free and pay only the gas fees. However, now that the collection is sold out, your best chance to get an NFT is on secondary marketplaces like OpenSea and LooksRare.

Currently, the Moonrunners NFT collection has a floor price of 0.45 ETH. Already, it has amassed 3,200 ETH in total volume so far. If you want to get a rare NFT, you will have to shell out much more. For example, some of the highest-sold NFTs in the collection have fetched 10 ETH.

All things considered, it’s too early to predict how the Moonrunners NFT collection will fare in the current bear market. Will it just be a hype project or actually “overdeliver”, remains to be seen.

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Lost Poets NFT: Everything About The Unique Collection https://nftevening.com/lost-poets-nft-everything-about-the-unique-collection/?utm_source=rss&utm_medium=rss&utm_campaign=lost-poets-nft-everything-about-the-unique-collection Sun, 19 Jun 2022 01:51:04 +0000 https://nftevening.com/?p=67675 If you’re sick of algorithm-generated NFTs, here’s something different for you. The Lost Poets NFT collection features 65,536 Poets from 1,024 different Origins. Each NFT is uniquely generated by an

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If you’re sick of algorithm-generated NFTs, here’s something different for you. The Lost Poets NFT collection features 65,536 Poets from 1,024 different Origins. Each NFT is uniquely generated by an AI specifically developed for this purpose. Intrigued?

Lost Poets NFT

One art piece, thousands of collectors. Credit: @poetslost

Here’s how the Lost Poets NFT collection works

Many creators today build on each other’s work, adding new elements to old ideas. Well, not Murat Pak. This genius of a creator brought this unique idea to life. It is not surprising that it immediately stood out from the crowd, at the peak of the NFT boom. So who are these Lost Poets anyway?

Aeons ago, there were tons of poets sitting on the dusty shelves in the Library of Babel, waiting to be discovered. They roam around the 256 hidden shelves, patiently waiting. On September 3rd, 2021, the wait came to an end as the poets were finally discovered. Given that they do not use modular components, all the 65,536 Lost Poets are one of a kind, diverse, and sophisticated.

In the beginning, each wallet that contained 25 or more $ASH tokens was eligible for the Lost Poets NFT airdrop. For those that missed the airdrop snapshot, having 25 $ASH tokens granted them access to the pre-sale. Ultimately, the 48-hour sale ended in just 2 hours, with fans all over the world sweeping up all 65,536 poets. You can check them out on OpenSea, where they currently have a floor price of 0.229 ETH and a total trading volume of 30k ETH.

During the sale, all collectors were sorted based on the number of Pages NFTs they acquired. Among them, the top 100 collectors received multiple Origin tokens depending on their position on the leaderboard.

A couple of weeks after the sale, ACT II (The Reveal) finally kicked off. The Lost Poets NFT owners were only able to see a fraction of their poets’ attributes. Over time, more attributes started to show, revealing the complete product.

Lost Poets NFT

Poet #13246. Credit: OpenSea

Check out the secret roadmap

As part of the reveal process, the Lost Poets will also be able to speak more words. After all, what good are poets that speak no words?

In Act III (The Explorer), the Lost Poets NFT collectors will make discoveries about the mechanisms as more traits come to life. In this stage, collectors can feed Pages to the Lost Poets. With each Page, collectors will get the ability to rename them, and the poets will be able to speak more words.

As this process unravels, the NFTs’ uniqueness and rarities will change accordingly. But that’s not the end of the story. There will be a final Twist in Act IV. Nevertheless, nobody knows what is going to happen yet.

At the end of 365 days, all the Lost Poets NFTs will achieve their final form. In addition, all the collectors will receive their $ASH rewards. This will officially mark the end of the journey for most collectors. However, Pak has saved some Origin Poets to strategically auction in the future, or to give away during important occasions.

Knowing Pak, we will never truly know…

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WonderPals NFT: Everything You Should Know https://nftevening.com/wonderpals-nft-everything-you-should-know/?utm_source=rss&utm_medium=rss&utm_campaign=wonderpals-nft-everything-you-should-know Sat, 18 Jun 2022 04:20:24 +0000 https://nftevening.com/?p=67632 The WonderPals NFT collection has one of the sweetest communities in the space. This family-friendly brand features 10,000 beloved characters, melting hearts left and right. But what are the Wonderpals

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The WonderPals NFT collection has one of the sweetest communities in the space. This family-friendly brand features 10,000 beloved characters, melting hearts left and right. But what are the Wonderpals NFT Collection? And how can you get involved? Read on to find out everything you need to know about Wonder Pals NFT; from NFT rarity to mint to floor price – we have you covered!

wonderpals nft

Of delightful art and a kind community. Credit: @WonderPals

What are WonderPals!

The WonderPals NFT collection is a collection of 10,000 delightfully cute pals, ready to journey along with their owners both physically and digitally. The vision is simple, to bring more joy to the world through community, creativity, and fun art. So far they have more than 176k happy followers on Twitter alone.

Wonderpals rarity

They are all unique combinations of various traits, including the background, body, clothes, eyes, head, and mouth. In addition, there are also 16 1/1 WonderPals such as the MummyPal and StarPal

How Expensive are wonderpals NFT?

At the time of writing, the floor price of the collection sits at 0.12 ETH, having a total trading volume of 10.5k ETH. Plus, there are some rare traits such as the Sushi Salmon and Sea Monster heads, that can certainly fetch higher prices. The rarity of your wonderpals NFT will always factor into its price.

WonderPals NFT

1/1 WonderPal #798 a.k.a MummyPal has the ultimate rarity score.

Who Created The Wonder Pals Collection?

Mina is the founder and artist of the WonderPals NFT collection. The freelance artist and senior product designer has almost 10 years of experience in design, e-commerce and marketing. Previously, she has also worked with brands like Tiffany & Co., Target, Pinterest, and many more.

As seen with her amazing work with WonderPals NFT, Mina’s work often revolves around visual languages and branding. She has always been a creator of cute characters and calming aesthetics anyone can identify with regardless of their background. This NFT project truly manifests who she is as an artist and as a person.

Apart from Mina, Sho is the operations and product manager for the WonderPals NFT project. They also have the support of Bueno, an expert in creating generative art and smart contracts. This compact team has done a great job so far, with few complaints from the community. Kudos!

WonderPals NFT

Have you got yours yet? Credit: @WonderPals

The Roadmap and Collaboration plans

Right off the bat, WonderPals NFT holders often get WL spots for other NFT collections. In the past, holders have seen WL spots for Doodles and Invisible Friends. If you’re a creator interested in any form of collaboration, you can always hit them up at hello@wonderpals.com.

If your NFT collection is next-level cute, there is no reason not to release project merchandise right? Indeed, the team launched their gift shop a while back, just in time for NFT.NYC. The first collection is modern, minimalistic, and wearable while maintaining maximum cuteness. The response has been overwhelming, to say the least, and holders are beginning to receive their merch worldwide as we speak. Up next, plushies!

Wonderpals Art Drops

To top it all off, the team has recently introduced Art Drops! Mina will continue to produce cute art for the community, but this time incorporating pals from the 10k collection. In the case that they feature your WonderPal in the Art Drop illustration, they will airdrop you that piece of art as an NFT. What a fantastic idea for airdrops. Side tip: rare pals, such as those having matching outfits, have a higher chance of getting featured.

Great art, great community, great vibes, couldn’t ask for anything more!

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888 NFT: The Inner Circle And More https://nftevening.com/888-nft-the-inner-circle-and-more/?utm_source=rss&utm_medium=rss&utm_campaign=888-nft-the-inner-circle-and-more Fri, 17 Jun 2022 02:24:05 +0000 https://nftevening.com/?p=67456 888, or @crypto888crypto’s Inner Circle NFT collection features 8,888 editions of the same image. It is basically a screenshot of the Twitter account reaching 88.8k followers. Even though it is

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888, or @crypto888crypto’s Inner Circle NFT collection features 8,888 editions of the same image. It is basically a screenshot of the Twitter account reaching 88.8k followers. Even though it is not some fancy artwork, it still sold out in seconds. How could this be?

888 inner circle nft

A reminder to thank the universe for blessings and miracles. Credit: 888InnerCircle

What is the 888 Inner Circle NFT?

888 Inner Circle NFT collection was created by 888, a big-time NFT influencer and collector. The NFT advocate decided to drop his first collection when his account reached 88.8k followers. Also, 888 recognized that there was a strong need for better ways for communities to come together in support of the artists they love. Hence, the 8,888 Genesis tokens.

Presently, the 888 Genesis NFT is sitting at a floor price of 0.2 ETH, with a total trading volume of 20.6k ETH. Apart from being a commemorative token, it also doubles as a #888InnerCircle membership card, unlocking various exclusive utilities. This ‘inner circle’ will enjoy regular airdrops and exclusive rewards, for FREE! 888 adds more value to the NFTs by actively collaborating with various blockchain platforms, NFT projects, celebrities, and others to create countless exciting rewards.

In the past, holders have already received at least one airdrop: a Jason Seife NFT. The next drop will be Genesis #4: Cool Cats x 888 NFT. If that doesn’t get your jaws to drop, the following Steve Aoki NFT certainly will. This is where the true value of this exclusive NFT club membership lies.

888 Inner Circle NFT

Genesis #4: Cool Cats x 888. Credit: 888InnerCircle

Guardians of the 8 Realms

Back in February 2022, the Inner Circle team introduced 8 Realms to the ecosystem, each guarded by a Guardian.

Each Realm is represented by a specific color, giving each of them an identity. This introduction effectively expands the 888 Inner Circle NFT ecosystem across the wider web3 space, allowing very diverse groups to come together. In addition to being part of this community, each of the Guardians will have their respective utilities for their Realms.

So, what’s next for the Inner Circle NFT community?

The 888 Inner Circle NFT team is actively accepting applications for both artists and NFT projects that might want to collaborate. The Artist Collaboration Portal allows artists around the globe to collaborate with 888 to create a drop for the members. Whereas the Early Access Application Portal is for creators that want to offer WL access for their drops.

Furthermore, do look out for 888 The New World, a digital art marketplace founded, built, and run by artists and pioneers in crypto art. This first investment round received the backing of Paris Hilton, RTFKT Studios, FEWOCiOUS, and many more. This initiative will continue to discover and lend financial support to artists around the globe.

As of now, you still have a chance to enter this exclusive community, even the Genesis club. Thanks to the bearish sentiment throughout the space, entry prices in the secondary market have been coming down significantly. This could be your chance? Just saying.

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G’EVOLs NFT: All About This Quirky Collection https://nftevening.com/gevols-nft-all-about-this-quirky-collection/?utm_source=rss&utm_medium=rss&utm_campaign=gevols-nft-all-about-this-quirky-collection Sun, 12 Jun 2022 01:54:24 +0000 https://nftevening.com/?p=66526 The G’EVOLs NFT collection is the latest addition to the EVOL family. The team boldly claims that each of them is unique and can easily steal your girl. It may

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The G’EVOLs NFT collection is the latest addition to the EVOL family. The team boldly claims that each of them is unique and can easily steal your girl. It may be hard to see through their disguises and forms, but let’s check out the competition.

G"EVOLs NFT

The ski mask way of life. Credit: @GEVOLsNFT

Each G’EVOLs NFT is out to steal your girl!

After the team’s successful D’EVOLs release, here comes the G’EVOLs NFT collection. G is for generative, where the 8,888 NFTs are randomly generated from 150 unique traits. EVOL is a 2,000-year-old Cherub that has been cast down to Earth after some disagreement with the management. These traits are essentially disguises that EVOL can take on any given day.

Presently, the project is sold out and only available on the secondary market.

One thing to note about this project is that owners of the NFTs DO NOT own the IP rights to their NFTs. Aside from tribute art of your own G’EVOLs, KidEight owns everything else. It may not necessarily be a bad thing, but it may not sit well with some within the community. Well, at least they were upfront about it before releasing them to the public.

Who is behind the G’EVOLs NFT collection?

KidEight is a digital artist and self-proclaimed disruptor and world builder. New York Times calls the artist an “eccentric creator with a finely honed sense of the absurd”, and rightfully so. Prior to the NFT success, the EVOL creator is well-known for his work with Young Thug, Snoop Dogg, and other notable celebrities.

To be honest, his style and swagger may not be for everyone, but many certainly appreciate his direct, forthright, and no-BS approach. You can listen to his podcast to understand more about the artist himself and also his projects. PS, he claims that they will be better than the Bored Apes.

G"EVOLs NFT

Toy soldiers incoming! Credit: @_KidEight

Check out this project roadmap

First things first, G’EVOLs merch! The merch pack (tees/hoodies/masks) has already landed and many holders have already received theirs. The web store will also go live soon, giving holders access to more exclusive drops. In addition, the team will launch their own 0% fees NFT marketplace very soon. This is to support the growing EVOLs community.

The G’EVOLs NFT collection is not the first EVOL NFTs to surface on the market, and certainly will not be the last. KidEight will continue to produce these insane artworks, continuing ‘The Story of EVOL’. There will even be a physical book to tell the full story.

Another impactful initiative of this project is ‘The EVOL Fund for Little Shits’. Seeing the passion KidEight has for art, it is no surprise that he is looking out for the young artists in the space. This fund will champion and guide them, promote them, and help their projects take off. Way to give back to the community.

On a side note, the team is hosting a popup in NFT NYC. There will be special guest appearances and 1-off merch for the attendees, so remember to drop by!

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CryptoMories NFT Collection: What You Should Know https://nftevening.com/cryptomories-nft-collection-what-you-should-know/?utm_source=rss&utm_medium=rss&utm_campaign=cryptomories-nft-collection-what-you-should-know Sat, 11 Jun 2022 04:26:23 +0000 https://nftevening.com/?p=66440 The CryptoMories NFT collection is one of the earlier players in the space, minting back in October 2021. The project’s all-time trading volume puts it firmly on the leaderboards today.

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The CryptoMories NFT collection is one of the earlier players in the space, minting back in October 2021. The project’s all-time trading volume puts it firmly on the leaderboards today. Let’s find out what truly sets it apart from the masses.

Cryptomories NFT

Join the FaMorie! Credit: @CryptoMories

All about the CryptoMories NFT collection

This NFT project circles around 10k Mories living on the Ethereum blockchain. It is often symbolized by a skull but carries many unique traits. The CryptoMories NFT collection has a huge community, reaching 58.7k on Twitter alone.

Holding a Morie gives holders access to a beautiful community of dreamers, thinkers, lovers, and peaceful revolutionaries. They all have one thing in common, they believe in education and growth by sharing and having fun. Personally, I really appreciate this type of kind, inclusive and creative community.

The artist behind this fantastic 10k collection is iwwon. The 32-year-old dropped out of medical school to pursue his love for art. He has come a long way, from being a painter to starting his own video game studio, and now tearing up the NFT space. It is clear that the community recognizes his talent. His Los Samos NFT sold out in seconds, while the 10k CryptoMories NFTs sold out in a little over an hour. Truly inspiring to say the least.

Cryptomories NFT #3579 - Telemori

CryptoMories #3579 – Telemori sold for 30 ETH! Credit: OpenSea

But wait, are you Morie material though?

The Latin saying ‘Memento Mori’ simply means ‘Remember you die’. In other words, You Only Live Once. These are the words that the Mories live by.

Being a Morie means that happiness is always a priority. Everyone should make time to focus on who they are, to grow, evolve, discover their passions, and feel happy and accomplished. Collectively, the CryptoMories NFT community should create a safe environment where everyone is comfortable sharing their fears and traumas.

For most of us, earning a living can be draining, time-consuming, and even overwhelming. Because of that, many of us are unable to follow our dreams, what we are really passionate about. By experimenting with the technological revolution surrounding NFTs, the team hopes to provide collectors with a daily income. This can alleviate some of the anxiety in the community and ultimately have an impact on mental health issues globally.

Building on that, CryptoMories are now partnering with Impact Suite to advocate for mental health. This partnership will give all owners and their immediate relatives free, individualized professional mental health support. This includes unlimited teletherapy, coaching, and also well-being tracking.

Moving forward…

Nobody knows what the final roadmap looks like, not even the iwwon team. Together with the community, the team will discover the beautiful consequences of their artistic and philosophical choices.

Iwwon and his team started the CryptoMories NFT collection as a fun PFP project. It has now transformed into a global brand, and they are transitioning accordingly. Currently, they are developing their website, 3D games, and Morie merchandise. There is also a $MORI token and a MorieCity metaverse in the pipeline. So remember to stay tuned to their social media platforms for the latest updates.

At the end of the day, if this is something you can see yourself being associated with, then, by all means, join the CryptoMories NFT FaMorie!

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We Are All Going To Die NFT Collection: About Wagdie NFT https://nftevening.com/we-are-all-going-to-die-nft-collection-what-you-should-know/?utm_source=rss&utm_medium=rss&utm_campaign=we-are-all-going-to-die-nft-collection-what-you-should-know Tue, 07 Jun 2022 03:05:54 +0000 https://nftevening.com/?p=65596 The We Are All Going To Die (Wagdie) NFT collection is new in town, and people are already calling it the next Goblintown. Let’s take a look at this disturbing

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The We Are All Going To Die (Wagdie) NFT collection is new in town, and people are already calling it the next Goblintown. Let’s take a look at this disturbing collection.

We are all going to die

Zo the World Bearer, an NFT from the wagdie collection.

What Is We’re All Going To Die NFT?

Remember the super weird Goblintown Twitter Spaces that shot its prices up sky-high? Here is another creepy recording for you. The We Are All Going To Die NFT collection has no website and no clear description of what they are aiming to achieve, just a Twitter profile and a set of contracts.

If you wonder why people are calling this the next Goblintown, it is actually pretty obvious. I really don’t want to call it a copycat, but it’s pretty hard not to. Similar to Goblintown, We Are All Going To Die has no apparent roadmap, no utilities, and no Discord. The NFTs are also CC0, so no rights reserved. In addition, it began as a free-to-mint project, coupled with frequent mysterious Twitter Spaces.

Given the similarities, it is no surprise that the hype train is boarding so quickly. Some within the NFT community are jumping on this immediately since they missed out on Goblintown previously.

We are all going to die

Luta the Beacon. Credit: OpenSea

When Did WAGDIE NFT Drop?

This project first surfaced on the Twittersphere on May 31st, 2022. There were short, dreadful tweets every day, leading up to June 4th, when the NFTs dropped. The free NFTs soared above 0.4 ETH on the very first day, further building the FOMO. Anyway, let’s take a look at the 6,666 NFTs, which seem to be telling a story.

How Many Wagdie NFTs Are There?

The whole collection consists of 6,666 free-to-mint NFTs. However,  there are 17 unique pieces in this collection: The 17. These 1 of 1 pieces include; Child of Her, Crow of Detriti, She who Smiles, Kilgore the Young, and more. Some of these have sold for as high as 7.88 ETH.

Besides the rare 17 pieces, the We Are All Going To Die collection has 33 different characters. This includes the Naïve Stranger, the Foolish Jester, and other characters. These characters vary in rarity, ranging from 22 pieces up to 309 pieces. On top of that, each NFT has a unique combination of traits. They comprise different armors, backgrounds, masks, hair, and other categories.

How Expensive are NFTs from the We’re all going to die collection?

Although wagdie NFTs were completely free to mint, now they have a floor price of 0.978 ETH. Additionally there are no signs of them slowing down.

The Mystery Behind The Madness

Although the description explicitly says ‘no map’, the team is seemingly revealing more and more details as the days pass. For instance, there was a mini buildup towards ‘The Cycle of Her’, which has now begun. Maybe there is a hidden roadmap after all? The strange collection and their Anonymous team also decided to buy and then burn a MAYC NFT, to the horror of the Bored Ape Yacht Club holders. Say what you will, the stunt gave them a huge PR boost as many found the accompanying twitter space hilarious.

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Dippies NFT Collection: What Is It All About? https://nftevening.com/dippies-nft-collection-what-is-it-all-about/?utm_source=rss&utm_medium=rss&utm_campaign=dippies-nft-collection-what-is-it-all-about Tue, 07 Jun 2022 02:15:17 +0000 https://nftevening.com/?p=65569 Calling all Digital Web3 Hippies, the Dippies NFT collection might be just the community for you! This super fun and creative NFT project blends hippy nostalgia with the values and

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Calling all Digital Web3 Hippies, the Dippies NFT collection might be just the community for you! This super fun and creative NFT project blends hippy nostalgia with the values and ethos of Web3, in a collection of profile-ready avatars. So without further ado, let’s learn all about the Dippies NFT collection.

Dippies NFT Twitter banner

The Dippies NFT collection is the PFP project for the digital hippies in the Web3 space. Credit: Dippies

What is the Dippies NFT collection?

First things first – what exactly is a Dippie? Well, Dippies comes from “digital hippies”. This idea is really the foundation of the Dippies NFT project. Dippies are simply modern-day hippies – sharing the same values but reflecting modern sensibilities and the possibilities that technology provides.

As the project website explains,

“Our goal when creating the Dippies collection was to commemorate the initial ideas of hippies that we all have, while adding a modern flare. We wanted to create characters that oozed originality and funk, while inspiring you, the community to stand up and create a world you believe in.”

The 8,888-piece Dippies NFT collection features the generative aspect of most popular NFT PFP avatar collections. That is to say that each Dippie was algorithmically generated from a collection of traits that the artist created. There are 19 different base “Types” of Dippie, with the human avatar being by far the most common. Some of the rarer type traits include Zombie, Leaf, Robot, Tree, and Alien.

Looking at the art, it’s not hard to see how Dippies was able to expand to a holder base of nearly 6,000 people. Indeed, its vibrant, colorful art style calls to mind the playful aesthetics of some hugely popular NFT collections like Cool Cats and Doodles.

The Dippies NFT team

Dippies was co-founded by a social media content creator and an artist.

Who created the Dippies NFTs?

The Dippies NFT collection comes from a two-person founding team. The “Founding Dippie” is a young man named Salman Sharaf. The web3 enthusiast and content creator actually has quite a sizable social media following. In particular, he has about 240K followers on Tik Tok, and 32.7K on Instagram. Evidently, Sharaf came up with Dippies both to combine his passions for web3 and hippie culture, and to have a PFP avatar that resonated with him.

The other half of the Dippies NFT founding team is the Canada-based illustrator and designer, Jonathan Taylor aka Taylor Might. Taylor was particularly inspired by how NFTs gave artists more creative control. He started building the Dippies universe right after that.

Dippies NFT 8321

Dippie #8321 saw the highest secondary sale in the collection, selling for 22.22 ETH.

How to buy a Dippies NFT

Given that we are now well past the original mint for Dippies NFTs, the only way to pick up a Dippies NFT is on the secondary market. You can find the Dippies NFT collection on both major Ethereum NFT marketplaces, OpenSea and LooksRare.

At the time of writing, the cheapest price you can buy a Dippies NFT is 0.24 ETH, although the range of list prices stretches all the way into the tens, and even hundreds, of ETH.

On OpenSea, where the bulk of Dippies NFT trades happen, the collection has seen 8.5K ETH in secondary volume. That equates to about $15 million at current prices.

Speaking of secondary sales, the most expensive secondary sales for a Dippie happened about a week after its mint. At that time, Dippie #8321 sold for 22.22 ETH. Unsurprisingly, it is the rarest NFT in the collection according to Rarity Sniper’s rankings.

The future of the Hippy-inspired NFT collection looks bright

All things considered, Dippies NFT has built a very solid foundation in the three months since its mint. And it’s far from finished building. On the contrary, its current roadmap boasts a number of really exciting initiatives for the Dippies community.

Most pressing of all is Dippies upcoming companion drop. Tomorrow, June 7, each Dippie NFT holder will be able to claim their very own Van. The team says that these Van NFTs will be keys to the Dippieverse. Not to mention that they will give holders access to the upcoming “DippieRaces” P2E game.

To learn more about this fun and growing NFT project, you can check out its website for info and links to its social pages.

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KaijuKingz : The Cutest Pixel Beast NFTs https://nftevening.com/kaijukingz-the-cutest-pixel-beast-nfts/?utm_source=rss&utm_medium=rss&utm_campaign=kaijukingz-the-cutest-pixel-beast-nfts Sat, 04 Jun 2022 08:29:35 +0000 https://nftevening.com/?p=64587 KaijuKingz is among the most successful pixel NFT projects of the year. From unique traits to metaverse utility, these digital beasts allow access to the team’s powerful DAO. Furthermore, the

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KaijuKingz is among the most successful pixel NFT projects of the year. From unique traits to metaverse utility, these digital beasts allow access to the team’s powerful DAO. Furthermore, the 3,333 Genesis Kaijuz can generate limited-edition Baby Kaiju NFTs too!

Rumor has it that KaijuKingz might become the next CyberKongz on the NFT scene. With that in mind, let’s find out what the project is all about.

image of two KaijuKingz pixel PFP NFTs

The Genesis KaijuKingz collection consists of 3,333 PFP pixel collectibles. Credits: KaijuKingz

What is KaijuKingz?

In essence, KaijuKingz is an NFT project inspired by CyberKongz. The debut NFT collection consists of 3,333 Genesis Kaiju NFTs called “Kaijuz”. Each digital avatar has a pixelated design and colorful traits. From hats to accessories and armors, the digital dragons live on the Ethereum blockchain.

Notably, the collection includes 10 Legendary Kaijuz. These animated NFTs feature unique looks and backgrounds. In fact, one of the collectibles was hiding in the initial mint; meanwhile, the team auctioned off the remaining nine digital assets.

The project comes from OhDots, an active member and collector of CyberKongz NFTs. He created KaijuKingz under his new company called Augminted Labs. Accordingly, the project aims to “foster competition and collaboration between Web3 communities”.

At this moment, the collection is completely sold out. However, you can still find KaijuKingz NFTs on the OpenSea marketplace. The current floor price is 0.915 ETH. In total, the collection has surpassed 28.7K ETH in trading volume.

image of a KaijuKingz NFT

Each digital item acts as a ticket to the project’s community-driven DAO!

Do these pixel beast NFTs have utility?

To begin with, Genesis Kaiju NFTs generate 5 $RWASTE per day. To clarify, $RWASTE is the native currency of KaijuKingz. Holders can use these tokens as follows:

  • Write lore for Kaiju NFTs.
  • Name their own Kaijuz;
  • Combine two Genesis Kaijuz to create a Baby Kaiju.

The project has a supply of 6,666 Baby Kaiju NFTs available. Surprisingly, though, the resulting Baby Kaiju is completely different from the NFTs that generated it. Here’s an example:

image of two KaijuKingz NFTs and a Baby Kaiju NFT

Two KaijuKingz NFTs can combine their DNA to create a limited-edition Baby Kaiju collectible. Credits: KaijuKingz

In fact, these collectibles feature new traits and utility soon to be discovered!

Three KaijuKingz's Scientists in different attire

The project’s secondary NFT collection, Scientists, already had a successful launch this season!

What about the KaijuKingz roadmap?

Surprisingly, the pixel KaijuKingz NFTs will turn into 3D models ready to take over the Metaverse. Basically, holders will be able to use these Voxelized characters as their avatar. The first metaverse to support KaijuKingz is The Sandbox.

Next up, the project’s DAO will start accessing the vault to support talented people thrive in the Web3 world. The project admins will even consider granting scholarships. equipment, classes, and living expenses for content creators and developers. This way, community members can grow along with the project.

In the long run, KaijuKingz will explore new ways of growing its community. From upgraded utility for $RWASTE to supporting young talents, the project aims to “expand the Kaiju empire” and push the limits of the Web3 space.

In fact, the project founders are already fulfilling their promise. KaijuKingz already launched a secondary NFT collection titled KaijuKingz Scientists. Meanwhile, the team developed a P2E ecosystem for its community too.

To conclude, KaijuKingz is an NFT project aiming to create a powerful community through its pixel artworks. The colorful traits, Legendary items, and breeding possibilities increase the collection’s long-term value. Of course, this is just the beginning, as the team will soon expand to the P2E gaming niche too.

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Tom Sachs Rocket Factory NFT: Everything To Know https://nftevening.com/tom-sachs-rocket-factory-nft-everything-to-know/?utm_source=rss&utm_medium=rss&utm_campaign=tom-sachs-rocket-factory-nft-everything-to-know Wed, 01 Jun 2022 14:19:37 +0000 https://nftevening.com/?p=64589 Ever wanted to build a rocket but, well, don’t have the money for it? Thanks to Tom Sachs Rocket Factory NFT, now you can! Created by artist Tom Sachs, the

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Ever wanted to build a rocket but, well, don’t have the money for it? Thanks to Tom Sachs Rocket Factory NFT, now you can! Created by artist Tom Sachs, the NFT project lets you build a unique virtual rocket. What’s more, Sachs will also build a physical replica of your rocket! Let’s take a deeper look into this first-of-a-kind NFT project: What is Tom Sachs Rocket Factory NFT? Who created Tom Sachs Rocket Factory and how does it work?

Different drawings of tiny Tom Sachs Rocket Factory rockets in the

Tom Sachs Rocket Factory is a “trans-dimensional manufacturing plant”. Credit: TSRF

What is Tom Sachs Rocket Factory?

“Tom Sachs: Rocket Factory is a trans-dimensional manufacturing plant,” says the NFT project’s website. “Our Rocket Factory uses NFTs to build new NFTs.”

And that pretty much sums up the project. You can claim different Component NFTs and then combine them whichever way you want into a rocket. You can then mint this personalised rocket that you created! 

Furthermore, all the minted rockets come with a “launch” option. If you select this option, Tom Sachs will hand-make a toy-sized physical rocket sculpture in what the project calls the “meat-world” (physical world”). Once—and if—the rocket is recovered, you have the option to either get it delivered to you, donate it to a museum, or shred it.

Who Created Tom Sachs Rocket Factory?

Tom Sachs, an American contemporary artist, created the Rocket Factory NFT project in the Summer of 2021. He is famous for his mixed-media sculptures that are often reimaginations of modern icons. All his sculptures are handmade with plywood, resin, steel, ceramic, and even everyday materials like phone books, duct tape, and foamcore. 

The sculptor has partnered with major brands like Nike to create a range of innovative pieces. His works are part of museum collections in the Whitney Museum of American Art, the Museum of Modern Art in New York, the Los Angeles County Museum of Art, and the Solomon R. Guggenheim Museum, to name a few.

How to assemble an NFT rocket

You can assemble your own rocket using the three Component NFTs. Credit: TSRF

How Does Tom Sachs Rocket Factory Work?

Firstly, you have to buy the Component NFTs from Tom Sachs Rocket Factory’s marketplace. To make a rocket, you need three components: a nose cone, body, and tail assembly—each a separate NFT. Once you mint a completed rocket NFT, the website burns the components NFTs. All in all, there can only be 1,000 completed rockets. 

Your final rocket can either be a Perfect Rocket or a Frankenrocket. The former is composed of three matching components, while the latter is a complete mismatch. Throw in a McDonald’s nose cone, a NASA body, a Tiffany and Co tail and you have your own Frankenrocket!

A Tom Sachs Frankenrocket featuring logos of NASA, McDonalds

A Frankenrocket is made up of non-matching components. Credit: TSRF

As previously mentioned, during the mint you have the option to launch a physical version of your rocket. Initially, these launches will happen in US and Europe, followed by other continents. 

But, that’s not all. 

Firstly, Tom Sachs will invite the rocket owners to the launch event. Once the rocket is launched, the artist will try his best to recover the rocket, which he will then ship to its owner in a custom display box. Next, the project will update the Rocket NFT with metadata from the launch and link the asset to a video of the launch.

Ultimately, Completed Rocket NFT, its Physical Rocket version (if recovered), and the video of the launch, make up a “holy trinity”. “These are not 3 separate things,” the project notes. “This is one. A Singular Transdimensional NFT, and it is yours to keep.”

The next rocket launch event is all set to happen in Seoul, Korea on June 26, 2022. Launch events are planned in July and August as well. If you have not yet launched your rocket, you can pick a launch date and pay a 0.1 ETH fee to launch your rocket. 

How Much Does a Tom Sachs Rocket Cost?

Currently, you can buy Completed Rocket NFTs from secondary marketplaces like OpenSea. However, these are not exactly cheap. The cheapest one will cost you 2.8 ETH or about $5,500. But the good news is that there are still several rockets that have not been launched. So, if you want to own the “holy trinity” you can do so by paying a little more than the floor price.

Some of the NFTs in the collection, of course, cost much higher. In April 2022, for instance, luxury jewelry brand Tiffany & Co bought a fully assembled Tom Sachs Rocket Factory NFT for $380,000. 

Similarly, Sachs auctioned “Through the Night Softly” rocket NFT for $86,376 at the time. It features a Miami Vice logo and was auctioned at At Art Basel in Miami in collaboration with the auction house, Christie’s. 

American rapper, record producer, singer, and songwriter, Pharrel Williams has also aped into the Tom Sachs Rocket Factory collection. He bought a Chanel-branded, Completed Rocket NFT. 

Differemt Tom Sachs Rocket Factory NFTs on sale on OpenSea

You can buy completed NFT rockets on OpenSea. Credit: OpenSea

The Future of the Project

Now that the rocket launches are live, Tom Sachs Rocket Factory has several things lined up on its roadmap. This includes the delivery of physical rockets and launch videos. Additionally, special access to factory uniforms, the opening of the metaverse rocket factory, and several surprise events are also in the pipeline.

Besides, recently, the project dropped a limited-edition Rocket Factory Fanny Pack for Rocket NFT holders. These packs are made of Dyneema, a strong, waterproof, lightweight non-woven composite fabric. It can accommodate a notebook, an iPad, or a 13” MacBook.

All in all, Tom Sachs Rocket Factory is a first of it’s kind NFT project that allows collectors to assemble their own personalised NFTs. This allows investors and collectors to set their creative juices flowing and create something completely unique. 

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Rektguy NFT: Everything You Need To Know https://nftevening.com/rektguy-nft-everything-you-need-to-know/?utm_source=rss&utm_medium=rss&utm_campaign=rektguy-nft-everything-you-need-to-know Mon, 30 May 2022 17:55:17 +0000 https://nftevening.com/?p=64273 Days back, NFT whale Cozomo de’ Medici and Snoop Dogg bought a rektguy NFT each, sending the project’s sales flying. In fact, the collection by acclaimed artist OSF is currently

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Days back, NFT whale Cozomo de’ Medici and Snoop Dogg bought a rektguy NFT each, sending the project’s sales flying. In fact, the collection by acclaimed artist OSF is currently the second top NFT collection by 24-hour volume on OpenSea. The free-to-mint NFT collection’s floor is already climbing upwards of 0.85 ETH. All within less than two weeks of its drop! 

So let’s take a closer look: What is the rektguy NFT collection? Who is behind the rektguy NFTs and why are they so popular?

Four different rektguy NFTs featuring hooded skeletons

rektguy NFTs are the latest buzzword in the space! Credit: OSF.art

What is rektguy NFT?

In a nutshell, the rektguy NFT project is a collection of images of rektguy. For now, the project hasn’t released much information. According to its website, rektguy is “art and pfps and stuff”. Well, okay…So what about the utility and roadmap? Lol. No, wait – “lol” is the project’s answer to utility and roadmap. 

While there isn’t much to go on, let’s take a look into what we know so far. Firstly, the rektguy NFT collection is based on the rektguy character. A misspelling of “wrecked”, “rekt” denotes an NFT/crypto trader who is devastated by a recent price crash. To be honest, in the current market conditions, that amply describes a lot of traders. 

The artwork in itself represents this—a hooded skeleton drinking to cope with the current situation. That might sound familiar to a lot of crypto/NFT traders. 

rektguy #1439 with a V for Vendetta mask

rektguy #1439

Furthermore, the rektguy NFT collection had a total of 10,740 maximum possible mints. To account for the NFTs that won’t be minted, the team increased the maximum supply to 11,000. 

“We communicated an allowlist schedule and gave people a week to get their marbles together before we took the snapshot, which was communicated ahead of time,” OSF tweeted. “We didn’t announce an official mint date. This also gave us time to figure things out.”

The mint went live at 5 PM EST on May 21 and lasted for six days, before closing on May 27 at 5 pm EST. The idea was to ensure that people didn’t end up worrying about FOMO or exorbitant gas fees during a limited mint period. Eventually, of the total supply, 8,814 rektguy NFTs were minted.

Who created rektguy NFT?

NFT investor and artist, Ovie Faruq, who is popularly known as OSF in the NFT space, created the rektguy NFT collection along with artist Alien Queen. OSF is a well-known figure in the NFT space and has sold several high-value NFTs. 

In fact, he recently sold his 1/1 NFT “rekt city” for 25 ETH (around $48,000 by current market values). In April 2022, another one of his works fetched 82.88 ETH (about $270,000 at the time) in the secondary market. 

Moreover, OSF is a former Barclays trader. “6 months ago I was bored at my day job an doodled rektguy,” he tweeted recently. “Yesterday @SnoopDogg bought the NFT. Life is wild.” 

Artist OSF's tweet on rektguy NFT

Artist OSF’s first rektguy doodle. Credit: OSF

Along with his business partner and friend Mike Anderson (aka Mando), he previously launched a PFP collection called Degenz. While Degenz initially stumbled, it picked up this year. The collection of 3,943 Degenz currently has a floor of 0.59 ETH.

In the rektguy NFT collection as well, one can easily recognise OSF’s popular art style—loud neon GIFs. What’s more, many of the NFTs in the collection feature pop cult elements from the wider crypto and NFT space. While some sport a “gm” logo, others feature a ‘rekt’ guy Wojak mask. Who wouldn’t want to own a rektguy NFT in a hoodie with a Pepe frog saying gm!

How to Buy a rektguy NFT?

Now that the official mint period is over, your best chance to get a rektguy NFT is on the secondary market. For this, simply head over to either OpenSea or LooksRare, the two leading NFT marketplaces. But, remember the golden rule—always buy from verified collections on the marketplaces.

Currently, the cheapest rektguy NFT will cost you about $1,600. The rarer NFTs in the collection, will, of course, cost much higher. Some top NFTs in the collection have sold for as high as 20 ETH or about $38,000 at current prices. But, as always, before taking the leap, DYOR! 

Cozomo de’ Medici's tweet

Cozomo de’ Medici showed off his NFT on Twitter.

Why are rektguy NFTs so popular?

Firstly, rektguy NFT collection’s artist, OSF already has a huge fan following. On Twitter alone, he currently boasts close to 118,000 followers. Besides, he has built up a strong community around his Degenz NFT collection, complete with an NFT-gated Discord server. Around 7,000 rektguy allowlist spots were also given to the Degenz holder. In short, OSF is an established NFT artist with a focus on community building.

Next, within days of the reveal, both Cozomo de’ Medici and Snoop Dogg endorsed the project. Both have been actively championing NFT projects since last year, so their endorsements quickly shot up rektguy’s popularity and value. Snoop has even changed his Twitter PFP to a rektguy! In addition, several popular NFT influencers have also bought the NFTs.

Lastly, rektguy has adopted the CC0 licensing agreement. In simple terms, this means that there are no restrictions on commercial rights. In other words, holders can “modify, distribute and perform the work, even for commercial purposes, all without asking permission”. Needless to say, this is a big plus for the NFT holders.

All in all, the rektguy NFT collection from NFT artist OSF is off to a promising start. The project yet again proves that having a strong, established team is extremely important in getting a headstart in the crowded NFT space. Artwork that speaks to the wider NFT community and community-building are also equally important. And rektguy checks all of these boxes!

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Deadfellaz NFT: Everything You Need To Know https://nftevening.com/deadfellaz-nft-everything-you-need-to-know/?utm_source=rss&utm_medium=rss&utm_campaign=deadfellaz-nft-everything-you-need-to-know Sun, 29 May 2022 18:08:08 +0000 https://nftevening.com/?p=64107 Since its launch in August last year, Deadfellaz has become one of the top PFP NFT projects in the space. Partly, the NFT collection’s success is all thanks to the

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Since its launch in August last year, Deadfellaz has become one of the top PFP NFT projects in the space. Partly, the NFT collection’s success is all thanks to the efforts of its founders, Betty and Psych. With several sub-collections and brand partnerships, the collection is much loved by its thriving community. So let’s take a deeper look: What is the Deadfellaz NFT project? Who is behind the Deadfellaz project and why is it so popular?

Different green zombies in deadfellaz NFT collection

The Deadfellaz NFT collection includes 10,000 zombie-themed NFTs.

What is Deadfellaz NFT?

Deadfellaz is an Ethereum-based NFT collection of 10,000 zombie-themed NFTs. Today, the project boasts 6,300 collectors, who are called “the horde”. Besides, the project has amassed around $51 million in sales volume so far, with a floor of 1.39 ETH (nearly $2,500), at the time of writing.

The NFTs in the collection are randomly generated from 300 unique traits. While there aren’t many rare traits, it is the combination of traits that makes a Deadfellaz NFT rare. 

Primarily, the collection takes inspiration from the many zombie and horror movies that the founders grew up watching and loving. In addition, 90s animation, streetwear, music, gaming culture, and queer culture as well influenced the project’s artwork. Ultimately, the results are little green zombies that are more adorable than scary—in a good way. 

A noteworthy aspect of these Zombies is that they are genderless. This is a refreshing change compared to the many male-dominated NFT collections in the space.

“Prior to our launch, I just didn’t see anything that represented that spectrum of gender at all,” Betty told NFTevening in a recent interview. “It was either mostly male traits or one or two female traits. But then they would be really leaning into the stereotypes and sometimes, almost borderline offensive. So I felt like something needed to change, and I wanted to bring that to the space.”

Who created the Deadfellaz NFT Collection?

Two anonymous creators, “Betty” and “Psych”, launched the collection in August 2021. In fact, Betty is a popular figure in the NFT space and is known as the “Horde Mother”. Recently, she revealed her true identity through an exclusive interview with NFTevening

Betty in a leopard printed dress and knitted jacket

Betty, co-founder of the Deadfellaz NFT collection.

Betty and her husband, Psych launched Deadfellaz due to their passion for NFTs. Besides, at the time, while there were several other NFT projects, none of these were something Betty “wanted to represent” herself with.

“I didn’t feel like I saw myself in anything that was available,” she told NFTevening. “And I’m a strong believer in identifying gaps or things that you wish existed and then set out to bring those things to reality. Because I think that if you’re feeling that then other people must be feeling that too.”

Why Are Deadfellaz So Popular?

One of the primary reasons for Deadfellaz NFT’s popularity is the team’s active pursuits and commitment to the project. Moreover, celebrity endorsements from the likes of Reese Witherspoon, Steve Aoki, Lil Baby, and Pussy Riot have added to its popularity. Even Gary Vee recently bought a Deadfellaz NFT!

Next are the many utilities that come with owning a Deadfellaz. From limited-edition merch drops, mini-games, and puzzles to partnerships with some big brands, the project offers many added perks to the collectors. Additionally, it has released several NFT sub-collections:

Deadfellaz Infected S1

Deadfellaz Infected S1 is a limited edition of 169 NFTs featuring 13 unique sets of ‘infected’ Deadfellaz. These were created in collaboration with 13 different artists as part of the Halloween 2021 celebrations. The participating artists included Ghxsts, Cool Cats, Smoochies, Stephy Fung, and MarktheHabibi.

Betty Pop Horror

During the 2021 Halloween season, Deadellaz dropped another collection, called Betty Pop Horror on Nifty Gateway. It showcased 225 NFTs featuring Betty as reimaginations of classic pop horror icons. 

Different Betty Pop Horror avatars on Opensea for sale

Betty Pop Horror collection on OpenSea. Credit: OpenSea

DeadFellaz Deadfrenz

Finally, early this year, the project dropped its companion collection, Deadfrenz. There are 13,000 Deadfrenz NFTs in all, featuring 13 animal species. These include Tiger, Cat, Toad, Snake, Bat, and Bird, among others. All original Deadfellaz holders could mint a frenz for free in January 2022.

deadfrenz lizard type with crossed eyes and a black choker

Deadfrenz also allows the holder membership to “the horde”.

DeadFellaz Partnerships

Apart from its multiple sub-collections, Deadfellaz has also inked several important partnerships. For instance, it recently signed with the global talent, entertainment and sports company, UTA. The move will see the project expanding into brand partnerships, merchandising, and gaming. 

In addition, the collection collaborated with American snowboard and ski manufacturer Gilson, to drop 1-of-1 physical snowboards and skis. It has also partnered with Jadu, Neuno, and Known Origin. 

A man holding a Deadfellaz x Gilson snowboards

Deadfellaz x Gilson

How to Buy a Deadfellaz NFT

Obviously, as the Deadfellaz NFT collection is now sold out, your best bet is to pick something up from secondary markets. Leading NFT marketplaces like OpenSea and LooksRare are good options for this. 

But, as one of the leading NFT projects in the spaces, there will be several fake projects out there. Therefore, always make sure to buy from collections that are verified on the marketplaces. 

What is Deadfellaz Worth?

By current market standards, the cheapest NFT in the collection will cost you about 1.3ETH, which at the time of writing is $2,555. However – obviously – the rarer NFTs will cost you much more. Some of the most expensive NFTs in the collection, like #1054 sold for around $125,000 at the time.

Alternatively, you can join the Deadfellaz ecosystem for a slightly less price by buying one of the sub-collections. Currently, the cheapest Betty Pop and Deadfrenz costs around $990 and $340, respectively.

The Future of the Project

Recently, Deadfellaz changed its strategy a bit by scrapping roadmaps to focus on dev blogs and releasing access on completion of “checkpoints”. Soon, the project will launch its own DAO, DAO OF THE DEAD. It will also expand its metaverse presence by building more partnerships. 

All in all, Deadfellaz is one of the promising and ever-evolving NFT projects in the space. Now that you know what the Deadfellaz PFP project is all about and why it is so popular, you can browse secondary markets to get your own. But, as always, DYOR!

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Chimpers NFT Collection: What You Should Know https://nftevening.com/chimpers-nft-collection-what-you-should-know/?utm_source=rss&utm_medium=rss&utm_campaign=chimpers-nft-collection-what-you-should-know Tue, 24 May 2022 18:00:17 +0000 https://nftevening.com/?p=63288 Chimpers is the new PFP NFT collection created by prominent NFT collector and pixel artist Timpers. While the idea began back in July 2021, it has since developed into a

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Chimpers is the new PFP NFT collection created by prominent NFT collector and pixel artist Timpers. While the idea began back in July 2021, it has since developed into a Web3 adventure story. Basically, Chimpers is filled with art, lore, and other metaverse initiatives. 

Chimpers NFT

Chimpers NFT collection looks like another promising NFT project.

What Is Chimpers NFT?

 Chimpers is an art and lore-based NFT collection consisting of 5,555 pixelated chimp avatars. Firstly, 100 Genesis Chimpers were inhabiting their world. Currently, 5,555 Chimpers exist “across the intergalactic warp,” consisting of warriors, gods, demons, mages, and space travelers. 

However, Chimpers is more of a social project with an ethos to “underpromise and overdeliver.” Basically, the collection aims to provide value for its collectors through “mystery, surprise, and reward.” Accordingly, there’s already a lot of mystery surrounding the project. 

Who created the Chimpers NFT Collection?

This NFT collection was created by prominent NFT collector and pixel artist Timpers.  Actually, his experience with top brands incliding RTFKT, KOLECTIV, and INTERLEAVE meant he already had the respect of the NFT community. Plus, the BAYC x Rolling Stone magazine featured Timpers’ NFT artwork too. 

His new Chimpers NFTs depict a colorful pixel-style artwork with various expressions. In fact, Timpers developed the perfect recipe for success, incorporating anime culture, pixel art, and brilliant colors. 

How expensive are Chimpers?

Originally, the Chimpers NFTs were available to mint at 0.07ETH on May 20th 2021. Currently, however,  Chimpers has a 2.4 ETH floor price on OpenSea. Now, their total secondary sales volume is 7.5k ETH! Meanwhile, the Chimpers Genesis NFTs have a floor price of 35 ETH (at the time of writing).

What is TBAC (The Boring Ape Chronicles)?

The TBAC consists of six art pieces and an interactive ebook based on Chimpers’ storytelling and lore. Further, “THE QUEST FOR THE DIAMOND FLEECE” is TBAC’s genesis series comprising six interconnected artworks. 

TBAC's THE QUEST FOR THE DIAMOND FLEECE

TBAC’s THE QUEST FOR THE DIAMOND FLEECE. Credit: Chimpers website.

In brief, TBAC is a derivative story based on the BAYC apes. It describes The Bored Apes embarking on an exciting journey in a world of faction and divide. In fact, The Apes had to come together on a quest to search for “THE SACRED DIAMOND FLEECE ARTIFACT.”

Origin of The Chimpers NFTs

As their website states, the Chimpers came into existence through scientific experiments that the rest of the populace didn’t notice. 

For decades, Chimpers fought with the humans for control. Eventually, they reclaimed their land and pushed the humans out forever. In fact, before their defeat, humans had to destroy the evidence of their creation. Therefore, they launched the Chimpers DNA out in space, hoping their creation would never come to light. 

The Chimpverse

The origin story of the Chimpers NFTs. Credit: Chimpers website.

However, destiny had some other plans. The Chimpers spread across the galaxy as centuries passed, and a new age began for the species. 

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