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The latest trend in fashion is digital. Your crypto could soon be used for purchases in Gucci stores.
BlockFi - Up to $250
When you open a BlockFi wallet, you have the potential to tap into a sizable bonus. In order to snag one, you’ll need to maintain an account balance of at least $100 for two and a half months.
Payouts take place on the 15th of each month. So if, for example, you opened your account in June, you'd receive your bonus on September 15th.BlockFi provides a tiered bonus system based on the account balance you maintain. Here’s the breakdown:
Although you’ll need to maintain a high account balance, you could earn a bonus of up to $250.
8. El Royale - Best Bonuses and Promotions
- Accepts Bitcoin, Litecoin, and Ethereum
- Many promotions, including daily bonuses and new game offers
- Great individual game pages with info
El Royale's classic, glamour-filled website is actually a great mix between visuals and usability. One of the best features of this Bitcoin casino is that they offer free demos for their games. Even better? You also get a full page with the summary of the game, description, how to win, and much more.
They also have a lot of promotions such as daily bonuses, new game bonuses, free spins on certain slots, and several welcome promotions. These are good but are tied to certain games.
They accept several cryptos, including Bitcoin, but mostly fiat-currency cashouts. Bitcoin is the only crypto-friendly payout option.
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2. Credit Cards
A cryptocurrency credit card works similarly to other rewards credit cards, but instead of earning cash back or points with every swipe, you’ll get cryptocurrency. While we love simple cash back rewards (and you can always buy crypto with your cash back earnings), these cards can help you more seamlessly pad your crypto portfolio.
Gemini and other exchanges have announced plans for cryptocurrency rewards credit cards, along with fintech companies like BlockFi and Upgrade. The rewards categories on these cards are similar to many traditional cash back credit cards. BlockFi Credit Card, for example, earns a flat 1.5% back in Bitcoin on every purchase you make, after earning 3.5% back for the first 90 days after account opening.
In addition to varying rewards rates, each of these cards offer different redemption values. The Gemini card will let you choose which crypto to redeem rewards in, while BlockFi earns Bitcoin rewards, and others limit your rewards to only certain altcoins.
As with any credit card, the rewards you earn with these cards are only valuable if you avoid their high interest rates. If you use a card to earn crypto rewards, make sure you charge only what you can afford to pay off in full and on time each month, without carrying a debt balance.
How Do I Get Bitcoin to Play on These Casino Sites?
If you are a newcomer to the cryptocurrency world, it's perhaps best to look for an in-depth guide on how to get Bitcoin and other cryptos. We'll try to offer a brief summary here:
The easiest way would be to buy Bitcoin at your favorite online exchange. This is as simple as opening an account, verifying your identity, and purchasing Bitcoin with your favorite payment method. Then, depending on each casino, you would transfer Bitcoins to your casino account or follow their instructions for other methods.
Another easy way is to simply pick which casinos let you exchange your currency for Bitcoin. Bear in mind that perhaps the exchange rate is not as favorable as with a large broker.
Is It Better To Play With Bitcoin or Cash?
This is entirely up to you. The gaming experience, if the game is available for both situations, would be the same. Initially, this might imply that it's okay to play with either. However, you should bear in mind that cryptocurrencies are notoriously volatile. This adds an extra layer of risk to any gambling.
Let's contemplate this scenario: you win a lot of money in Bitcoin. When you want to withdraw your winnings, Bitcoin tumbles 25%. That's 25% less than what you would have won if you had stuck to fiat currencies. On the flip side, it can also happen that Bitcoin goes up massively, and you make even more than your initial winning.
Nexo - $100
Nexo is offering a welcome promotion of $100 in BTC when you open an new account, complete advanced verification, and deposit at least $1,000 in supported assets onto the platform.
You must maintain the balance on Nexo for at least 30 days.
Check out out the offer and open an account on Nexo here >>
Conclusion
In this article, you can read reviews about the 9 top crypto casinos that our experts highly recommend trying out. We studied and identified the most reliable and legit bitcoin gambling sites. Hopefully, you will find the one you like and try it out shortly.
Meanwhile, keep in mind to choose only licensed crypto casinos. While there are many good reviews about unlicensed online platforms, we recommend going with those that can offer you premium quality and an outstanding gaming experience. Remember to check laws and regulations in your home country before accessing any bitcoin gambling site, as the government might prohibit it. Nonetheless, it is also essential to check the most vital information, including casino license, the requirement for identity verification, bonuses types, banking options, and any other features that you might be interested in before signing up.
How do crypto exchanges work
The way crypto exchanges work depends on their type of platform. Most crypto trading platforms are known as centralized exchanges, which function as a brokerage, acting as intermediaries between buyers and sellers.
Users can deposit money into exchanges to buy cryptocurrency or deposit their own crypto to trade for other currencies, known as crypto-to-crypto spot trading. Traders can expect to pay a fee for converting one crypto to another, like when exchanging regular currencies at a bank (for example, converting USD to EUR).
In exchange for digital currencies, exchanges may accept a wide variety of payments, including credit card payments, direct bank transfers, credit or debit cards, money orders and even gift cards.
Dedicated crypto and bitcoin exchanges will allow you to withdraw your crypto funds and transfer them to another wallet of your choice. Others, especially those that focus on other assets, like stocks — including Robinhood and eToro — only let you purchase the crypto but not transfer it out of their web wallets.
What to look for when choosing a crypto exchange
When choosing a crypto exchange, the main things to look for are functionality and security measures. Your exchange of choice should have most, if not all, of the features you expect to use, be it fiat-to-currency trade pairings, liquidity aggregation, or specific altcoins and stablecoins you want to trade. It should also provide additional lines of defense, such as two-factor authentication and Bitcoin locks, which help against hackers.
Ease of use is another factor to consider and is especially important for newer traders who may struggle to use platforms with a less intuitive user interface. Nonetheless, advanced traders can also benefit from greater usability.
It’s also important to consider geography. Not all exchanges are available in the USA, some only operate in certain states.
4. Coinbase Earn
Popular cryptocurrency exchange Coinbase offers incentives for using the platform’s Learn hub. In order to get the free change, you’ll need to watch Coinbase’s videos, take quizzes, and then Coinbase will deposit a small amount of crypto into your wallet. The content is typically focused on a specific altcoin (like GRT and BOND) and, as a result, these are the coins you’ll earn for going through the lessons.
Because altcoins generally aren’t recommended for long-term investing, you can convert these lesser-known coins into Bitcoin or Ethereum once you earn them. But remember to keep track of these transactions, as every crypto-to-crypto trade is taxable. Additionally, you should track the price value of all your earnings through Coinbase Earn, and report them as income on your federal tax return. If you earn over $600 through the program, Coinbase will issue you a Form 1099-MISC, which you can use to report your earnings.
You’ll need to have a funded Coinbase account, live in an eligible country, and verify all of your personal information to start earning with Coinbase Earn.
Crypto Exchanges Guide
Despite having broken into the mainstream, crypto can still be a confusing subject for investors of all levels. How exactly do they work? What are the different types of exchange and how do they differ from crypto wallets? Read our guide to understand the ins and outs of cryptocurrency exchanges.
What is a crypto exchange?
Crypto exchanges are platforms where users can trade digital currencies for other assets, including cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and regular currencies, like U.S. Dollars and Euros.
Exchanges are an essential part of the crypto ecosystem because most traditional investment firms do not offer cryptocurrencies in their portfolios. Without exchanges, you would have to find another person willing to trade crypto and agree at an exchange rate. Then, you would have to send the coins directly to each other’s cryptocurrency wallets — a somewhat convoluted process.
The bottom line
Gucci’s new cryptocurrency payment operations could usher in a brave new era for cryptocurrency, boosting values by adding increased, real-world value to the coins that are supported. Gucci’s Metaverse efforts are ensuring that the luxury brand will persist in the digital future we’re entering. If this cryptocurrency payment system advances Gucci’s profits, other companies are likely to jump on board and accept specific cryptocurrencies as payment in physical stores as well. If crypto becomes widely accepted as a form of payment in many stores across the world, the value of the accepted tokens is sure to surge.
Looking to start putting some of your savings into crypto? Check out our comprehensive guide to the best crypto apps and exchanges to get on the right track!
3. Look Out for Exchange Sign-Up and Referral Bonuses
Some cryptocurrency exchanges offer sign-up or referral bonuses for using their services. A previous Coinbase sign-up bonus offered $5 to new users to invest in crypto, for example, and the exchange currently offers a $10 bonus to both you and your referral when they make an account and trade at least $100.
Make sure you pay attention to the terms of these bonuses. You may be required to provide more personal information or go through other actions to claim these rewards. Most of these offerings aren’t lucrative enough to warrant signing up for an entirely new exchange if you already have an account, but if you’re a beginner, keep an eye on exchanges you’re considering to see if they offer a sign-up bonus or referral for other friends that may be interested.
Crypto and the future of payment
As Gucci, a world-renowned brand, begins to recognize cryptocurrency as an acceptable form of payment, other companies will surely follow Gucci’s lead if the move is successful. This move by Gucci is in-line with the company’s interest in Metaverse projects. Gucci has already led the way for other luxury brands by releasing a few non-fungible token projects, and is currently investing in digital real estate on the blockchain real estate platform, The Sandbox. If Gucci’s stores implement crypto payment smoothly, many other forward-thinking companies are likely to follow suit.
With more and more real-world uses for cryptocurrency, accepted cryptocurrencies will become more desirable. Stores could also gain some say in the value of cryptocurrencies, as certain promotions offering discounts for merchandise when paying with crypto could boost values as demand rises for those coins. If other stores decide to accept crypto payments, it will be interesting to see what other coins are accepted as valid currencies, and which coins are not.
9. Las Atlantis - Best Website Design
- Inviting website with excellent user experience
- Not the most extensive selection of games (circa 200)
- Many promotions, including game-specific ones
Las Atlantis is probably the most beautiful online casino out there. You just can't avoid falling in love with a website that displays bubbles where your cursor is. But aside from that, sections are well-thought-out, and interactivity is also great. They accept Bitcoin, Litecoin, and Ethereum.
There are 200+ games, which is not a lot, but their themes are varied, and you’ll find most typical casino games such as slots, poker, table games, and blackjack.
Their promotions are really good, such as the 280% welcome bonus up to 5-digits and special new game bonuses. However, there are no Bitcoin-specific promotions.
Earn a $50 bitcoin bonus
Our updated list of the best cryptocurrency apps for 2022 is packed with best-in-class picks. The cryptocurrency apps that landed on our shortlist include perks such as $0 commissions, and one pick that is offering a $50 bitcoin bonus. Check out the list here and get started on your crypto journey, today.
Get the top picks
Voyager - $25
Voyager offers new users a bonus of $25 if they're referred to the app by a current user. Once you download the app, you’ll need to make at least $100 in trades before the bonus appears in your account. Notably, Voyager also offers a commission-free pricing structure on trades. So if you’re already planning to start trading crypto, Voyager could be a great option. Sign up for the bonus here >>>
What are the different types of crypto exchanges?
Crypto exchanges come in three varieties: centralized, decentralized, and hybrid.
Centralized exchanges (CEX)
Centralized exchanges are the most common and traditional type of crypto exchange. These are owned by private companies and offer investors a platform to trade cryptocurrencies. This type of exchange tends to have higher trade volumes and liquidity and a greater number of trading pairs.
Centralized exchanges are often considered a good option for new crypto traders because of their better onboarding and user interface, availability of customer support, and insurance should the platform’s systems fail.
The main issue with this type of exchange is that users are inherently more vulnerable to hacking attacks. Some users also feel uncomfortable sharing their private data in the KYC process.
Examples: Binance, Coinbase, Kraken, Gemini
Decentralized exchanges (DEX)
Decentralized exchanges follow in the spirit of Bitcoin by operating with no central point of control. Servers for this type of exchange are spread throughout computers located across the world, which means if one computer is attacked, the network keeps running. This alone entices many users who fear losing their crypto due to a security flaw in a company’s trading platform.
Where centralized exchanges operate as brokerages, decentralized exchanges are more like marketplaces. They facilitate peer-to-peer trading and have a less rigid registration process. The main drawbacks of decentralized exchanges include lower trading volume, small liquidity, generally poor user interface, and a lack of customer support.
Examples: Bisq, Uniswap, PancakeSwap, Tokenlon, dYdX
Hybrid exchanges
Hybrid exchanges are part of a new generation of crypto trading platforms whose goal is to provide the best of both worlds. They aim to overcome the limitations of older exchanges by offering the greater functionality and liquidity of centralized exchanges together with the security advantages of decentralized exchanges.
Hybrid exchanges boast fast transaction speeds without compromising their users’ privacy but are still a relatively new development in the crypto world. Time will tell if they will be successful or struggle due to high costs, limited scalability and limited assets.
Examples: Nash, Qurrex, Eidoo, Legolas
Gemini - $25
Gemini is another popular cryptocurrency trading platform. Like Coinbase, Gemini stands apart from the crowd due to its focus on security and transparency. It also supports 25+ currencies and offer crypto savings accounts.
Gemini is currently offers a $25 crypto bonus (paid in Bitcoin) for new users. To qualify, you’ll need to trade $100 within 3 days of opening your account. Register to start trading on Gemini >>> 
10 Best Bitcoin Casinos
1. BitStarz - The Best Bitcoin Casino Overall
- More than 3,000 casino games
- A great welcome package with 180 free spins
- Curacao License
If we could define our top pick - BitStarz - in one word, it would be 'innovative'. This online casino packs a variety of unique features.
First of all, they are completely Bitcoin-oriented. Everything is friendly towards Bitcoin payments, even their welcome bonus of up to 5 BTC.
They also have videos and articles about Bitcoin and why it’s a good choice for players. We really like how accessible the information is. To top it off, you can also exchange your local currency for Bitcoin on the same site.
Gaming-wise, they offer a vast selection of games: a gallery of more than 3,000, including slots, table games, and even a section for Bitcoin-exclusive games. These are good quality games and very varied. You can even try demo versions without registering.
Their welcome bonus is simply superb. You get a first deposit bonus of 100% up to 1 BTC with 180 free spins. VIP bonuses, a loyalty program, and other promotions complete a very enticing package.
2. 7Bitcasino - Best for Bitcoin Jackpots
- Bitcoin and 5 other cryptos accepted
- Great VIP section with cashbacks
- A good collection of games by categories (like fruit games & Megaways)
7Bitcasino is an excellent stop for Bitcoin-oriented players. First of all, they have a Curacao license, which means the site is completely safe and fair. Also, they've been around since 2014 and have a reputation to maintain. Rest assured that you are in good hands here.
7Bitcasino not only offers Bitcoin payments but also other cryptos such as Ethereum, Litecoin, and Dogecoin. Payments are straightforward: simply pick your cryptocurrency, specify a digital wallet and select the amount.
Games are not only fun and varied; they are also categorized in a very ingenious way: low risk, high risk, themed, and so on. This is great for players who never know where to start.
They have a great welcome bonus of up to 5 BTC and other promotions such as daily cashbacks. In their VIP program, you also get cashbacks, and once you reach a certain level, you maintain that level no matter what.
But perhaps the best feature is the jackpots. They offer real-time information on their Bitcoin jackpots and the games that offer this feature. This is a great way to jump fast into the action.
3. mBitCasino - Best Bitcoin Welcome Bonus
- Welcome bonus of up to 5 BTC and 300 free spins
- Excellent selection with 2,000+ games
- Fast cashouts (under 10 minutes)
mBit casino is yet another excellent choice for crypto players - especially new ones. This Curacao-licensed casino offers them a very generous 5 BTC + 300 free spins welcome package. Not only that, but they also accept Ethereum, Tether, Litecoin, and Dogecoin in addition to Bitcoin and Bitcoin Cash.
They offer all types of games, including slots, blackjack, video poker, roulette, baccarat, jackpot, and table games. Suffice to say, everyone will find what they're looking for here. The games are well organized in their own categories, and you also can jump straight into the action by choosing one of the ‘hottest’ games on the main screen.
Aside from the welcome package, some of the best features of this online casino are the many bonuses and promotions. How about winning 2.5 BTC? 5,000 free spins? 20% cashback every day? They seem to have brainstormed their promotions for quite some time, coming up with an attractive package of bonuses.
Finally, we love their fast cashouts. They promise 10-minute fast cashouts on average, and they deliver. This is great for all players, and a feature we can't wait to see in more casinos.
Crypto wallet vs exchange
Crypto wallets and exchanges are both essential tools used to manage cryptocurrencies. Wallets are meant to keep your crypto funds safe, whereas exchanges are trading hubs where users convert fiat currencies to digital ones and buy or sell crypto based on current market rates.
| Crypto exchanges | Crypto wallets |
| Facilitate trading between users | Hold the private keys that are necessary to access cryptocurrency on the blockchain |
| Convert fiat currencies into digital currencies | Are offered by exchanges and independent developers. |
| Are available 24/7, unlike traditional investment firms | Can be an online-only platform, a physical storage device, or incorporate both aspects. |
Many crypto exchanges operate their own wallets, so users can start trading crypto as soon as they open their account without having to worry about getting a digital wallet of their own. These are known as web-hosted wallets, and their incorporated exchange is responsible for their security measures.
Serious traders are encouraged to keep an independent cryptocurrency wallet to deposit any coins they aren’t actively trading. This is because you could lose all your digital assets if the exchange is hacked.
Although you’ll be responsible for securing, backing up, and managing your own funds, independent digital wallets are a much safer alternative for safeguarding the bulk of your crypto.
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Crypto.com - $10
Crypto.com offers a range of offerings for new users, including coin discounts and rebate options. And it also has a nice crypto bonus offer for new account holders. New users can receive a $10 sign-up bonus when they stake in 1,000 CRO as first stake.
Open an account with Crypto.com >>>
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