CryptoLockers

beginners guide

Whether for the ease of transfer, the low fees, the security, and freedom of exchange or simply interest in innovative technologies and systems, more and more people are interested in cryptocurrency these days. But to jump into the action, and start buying and selling “crypto, you will need a cryptocurrency exchange platform.

What Is a Crypto Exchange?
A cryptocurrency exchange platform, or crypto exchange for short, is a marketplace where you can buy, sell, and trade cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. After signing up for an account, you will be able to easily perform online transactions, just like other trading platforms. For instance, you can convert your Litecoin to Ethereum, use regular currency, like U.S. dollar or Euros to buy crypto or even convert your cryptocurrencies back to U.S. Dollar.
There is no one crypto exchange that is best for every user, every Platform offer a diverse set of features, some support advanced trading, other offer features like staking, or loans.

So how to choose the best one for you?
Before signing up and start exchanging, you should evaluate your interests, needs, and goals – such as what coin are you looking for? Is there a specific feature you need? What platform can you access?
In addition, while selecting the best crypto exchange, you should be considering the platform security, trading volumes, accessibility, withdrawal options, supported currencies, and fees.
On this page, you will find a concise list of the best crypto exchange platforms, in addition to the features they provide or that makes them stand out. Take Your Time to learn as much as you can, choose one, and start exchanging!!

Follow this link for a more thorough explanation about the different types of Crypto Exchanges (CEX vs DEX) or to read more about the types of fees (Trading and withdrawing)

Ever wanted to own a piece of art, music, in-game items and videos or any digital asset that is unique to you? Chance are you are looking to jump into the NFT bandwagon, acquire collectible digital assets, but what is NFT? And how to join the craze?
Although they have been around since 2014, NFTs are gaining notoriety now because they are becoming an increasingly popular way to buy and sell digital artwork.
NFT stands for Not fungible token. They are a non-fungible, not interchangeable tokens that for the moments are best represented as digital pieces of arts – or collectibles, incorruptible and has a permanent history of the owners. they are a token standard and rely on the blockchain technology
An NFT digital asset can represent real-world objects like art, music, in-game items, and videos. They are bought and sold online, frequently with cryptocurrency.
The NFT Marketplace provides you with the opportunity to create (also known as mint), sell, purchase, bid on, collect, trade, showcase and otherwise transact digital blockchain collectibles.

Choosing an NFT marketplace

Availability

First, ask yourself what type of digital asset are you interested in? what are you looking to own, tokenize, buy, or sell? As mentioned previously, anything can be tokenized on the blockchain so deciding on the type of the asset and its availability on a selected marketplace is your first step.

Accessibility

Is the selected marketplace accessible? Some NFT marketplaces may not be accessible to you, whether due to geolocation restriction, regulators restrictions, …It is important to verify your accessibility to a particular NFT marketplace and the ease to reach and use the platform.

You should also consider the type of token or currency available/accepted. Be sure the fund in your digital wallet will allow you to interact on the desired platform.

Blockchain technology, fees, and carbon footprint

NFT – and Tokenizing digital assets – rely on the blockchain technology. Different blockchain technologies exist, but the most common blockchain network NFTs are built on is Ethereum.
Different type of blockchain technology have different gas fees (a fee that you will have to pay to buy and sell NFT) and different carbon footprint (newer technology promise to be more efficient with a smaller carbon footprint)

Whether you are buying, selling, or just NFT-curious, one of these marketplaces should suit your needs!!

What is the Metaverse?

 

The Metaverse is a fictional world that combines two plots.
The Meta and the Universe. It is mainly anticipated to the future of the internet to primarily refer to the Web 3.0.


This technology allows users access to VR (virtual reality) and AR (augmented reality) experiences.
Basically, this tech is considered to be the internet’s hype for the next generation as a brilliant business and an economical opportunity for the digital industry and many other sectors.

 

The Metaverse won’t be a one type of experience. Instead, imagine having activities in a complete digital space. Meaning that imagine yourself immerging in a multiplayer game controlled through a VR with an integrated digital and physical space.
This world isn’t just one digital platform, but an infinite number of a variety of digital spaces created by companies and business to offer this sharable experience.


Currently, we’ve seen many aspects of the Metaverse that are integrated through video games known as Play2Earn.

 

What is Play2Earn (P2E)?

 

Play2Earn which means play to earn refers to the gaming concept where you play a game and you get the chance to get (earn) any kind of game asset, whether it’s a token, a coin, a skin, a NFT, Depending on the utility of the game.
If you’re interested in gaming, wouldn’t you rather earn money playing Play2Earn (P2E) games?
Play2Earn crypto games have NFTs for utility through in game assets and giving a certain rarity NFT when a player achieves a win or gains experience (XP Rewards).
This is a new era of gaming and technology, and the concept is evolving each day since crypto assets are rewarded to the players.

 

Why to buy a land in the Metaverse?

 

There are several projects that released virtual real estate, lands, many concepts. Many big companies have invested by buying a land such as Binance, Chiliz, BAYC, Nafter and many more.
When you get your own land, since it’s on the blockchain, any user can verify its authenticity. In addition, if you invest in the virtual real estate, you will make a return of investment (ROI).
It’s kind of cool owning an asset in the Metaverse.

An online casino, is also known as a virtual casino, has the same concept as the traditional casino but is used on the internet.
People find gambling with cryptocurrency easier than using a credit card to play, or driving down the casino, unless it’s a vacation to Vegas!
Playing in an online crypto casino could be beneficial to users since there’s plenty of bonus schemes that every online casino offers and a safe and secured transactions made directly to the casino itself.
Online casinos give you advantages of use globally, availability of free casino games, source of fun, wider variety of games, loyalty points and most importantly comfort.
The best thing about online crypto casinos, is that nowadays you can choose from a large variety of coins for example: BTC, ETH, TRX, DOGE, LTC, XRP and many more.
The advantage of online crypto casinos is that deposits are instant. Normal online casinos may take hours to verify your deposits. This is applied on withdrawals as well.

 

Is It Legal to Gamble Online Using Cryptocurrency?

 

–  Most cryptocurrencies are neither officially allowed nor explicitly prohibited so there are no specific laws regulating crypto gambling.
–  Varies by country, Optimism in some countries of the various use of cryptocurrency and in some countries the use of cryptocurrencies is prohibited.
–  There’s some gambling rules and jurisdictions that offers casinos with cryptocurrency. It includes the government of Curacao and the renowned United Kingdom Gambling Commission.

 

Here on CryptoLockers, we give you passage to the safest and most secured online crypto casinos around the world. Be gamble Aware.