Cryptocurrencies have made their way to the multi-billion dollar online casino scene. There are many websites active in this space that cover traditional games like blackjack, roulette, and even sports betting.

You also have crypto dice games that operate on a decentralized network via Provably Fair. If this is something that you’re keen to learn more about, this guide explores everything there is to know about crypto betting.

In this article, I discuss the ins and outs of how crypto betting sites differ from traditional gambling platforms – and which providers dominate this sector in 2021.

Before we go into the discussion, here’s a quick list of my favorite crypto betting sites:

• 1xBit
• Betchain
• Betflip
• Bitstarz
• Cloudbet
• Primedice

What is Crypto Betting?

As the name suggests, crypto betting refers to the process of gambling online. However, instead of betting with traditional payment methods like a debit/credit card or e-wallet, you’ll be gambling with a cryptocurrency like Bitcoin, Ethereum, or others.

In many ways, crypto betting sites operate like any other online gambling platform. This is because you will have access to popular games like:

• Roulette
• Blackjack
• Baccarat
• Slots
• Video Poker

In many cases, the above games will be backed by the same regulated software providers that you find in the traditional gambling scene. This includes the likes of Evolution, NetEnt, Microgaming, and Playtech.

Read more: The best crypto trading apps

As such, by playing a crypto betting game that has been produced by one of these providers, you know that a prolonged testing phase has been implemented to ensure the game is 100% true and fair.  On some crypto betting sites, you can also access sportsbook markets and live poker.

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Blockchain, cryptocurrencies, and decentralized finance have gained traction over the past few years and so have lending platforms. Satoshi’s dream of a decentralized economy has morphed into solutions for healthcare, supply chains, agriculture, and many other industries.

Of course, finance remains at the very top with different blockchain-based solutions being developed every day. One such solution is blockchain lending platforms. This article provides a brief comparative analysis of two top crypto lending platforms: YouHodler and Crypto.com.

Overview and General Features

Crypto lending services provide three essential services:

• Supplying crypto assets to earn interest– commonly referred to as annual percentage yield (APY).
• Providing loans.
• Extras, as you will see below.

This segment delves into the three platforms, citing their key features and extra services.

1. YouHodler

YouHodler is an E.U. and Swiss-based FinTech platform (think crypto bank) that allows you to borrow and multiply funds by leveraging financial tools in a relatively secure way. The two-year-old company has followed the yellow brick road right from inception, transforming from a simple lending platform to a top APY provider while accruing support from mainstream cryptocurrency institutions such as Ledger, Elliptic, and Ciphertrace.

Here are the key features:

Savings

Instead of hodling your assets in dormant wallets, you can deposit them into your Youhodler savings account and earn interest from the get-go. Users can deposit a minimum of $100 (in crypto equivalent) and withdraw at any time, including the profit earned.

At the time of writing, up to 22 coins are supported on the platform, including BTC, ETH, UNI, BNB, and stablecoins like USDT, USDC, TUSD, HUSD, PAX, and DAI.

APRs on stablecoins are as high as 12%, while yields on BTC, ETH, and UNI are 4.8%, 5.5%, and 7%, respectively.

Yields are remitted into your account weekly once you deposit your coin. YouHodler compounds your earnings: new gains are compounded on the previous week’s earnings plus capital, making it possible to achieve even more than the APR.

It is important to note that you can only earn these yields if you withdraw at the end of the week. Additional funds deposited within the week will generate interest in the next week.

Loans

You can borrow fiat currency such as USD, EUR, GBP, and CHF against your crypto assets. The loan-to-value (LTV) ratio is 90%, and you really cannot get that anywhere else. You can also use lower LTV ratios. They support over 20 coins as collateral, and you can borrow fiat currency or stablecoins (as mentioned earlier).

They have unique exit strategies based on the price down limit (PDL)—a “Stop Loss-Esque” feature used to curtail losses and close positions. If your collateral falls to a certain point below the PDL, they hold the right to sell the collateral to close the loan.

You will be notified via email if your PDL drops below 70% of your collateral.

Read more: My in-depth review of YouHodler

If your collateral price rises, you can choose to take profit at a price level. When that happens, YouHodler can sell your collateral, repay the loan and send the remaining amount to your wallet automatically. Interest rates range between 2.5% and 12.5% depending on the loan duration.

Turbocharge

This unique feature enables you to set off a cascade of loans. You can use borrowed fiat to buy crypto assets which can then be used as collateral to secure another loan. Crypto assets available for this feature include BTC, ETH, LINK, BNB, and XRP.

MultiHodl

The Multihodl feature allows experienced traders to multiply funds through a series of processes that mostly involve predicting selected currency pairs’ likely trajectories.

Universal currency conversion

Tying all the previous features together is YouHodler’s universal conversion feature. This allows clients to convert any currency on the platform to any other currency pair without limitations. Fees are reasonable and as low as 0.5% per conversion.

2. Crypto.com

Crypto.com is on a mission to fast-track mainstream adoption of cryptocurrencies. So far, they have done an excellent job: catering to the crypto-initiated, newcomers and merchants using a variety of financial protocols in their full-grown ecosystem.

There are two native tokens, namely MCO and CRO.

• MCO- utility token; used to improve stakes and investment yields.
• CRO- a cross-asset intermediary currency used to settle asset swaps on the chain. You can stake it to earn as well.

Crypto.com’s key features include:

Credit

Like other lending platforms, you can get up to 50% of stablecoins such as USDT, TUSD, and Paxos by supplying BTC, ETH, LTC, MCO, XRP, CRO as collateral. You can also cut your annual interest rate by staking more than 500 MCO tokens. here are the details.

Crypto Earn

With Crypto Earn, you can supply numerous coins and stablecoins to earn interest.

APYs at the time of writing

• On supported stablecoins: up to 12%
• On BTC: 6.5%
• On Eth: 5.5%
• On Crypto.com Coin: 6%
• Other altcoins: 3%

What’s more, you can calculate your credit and earnings with an in-built APY calculator.

Web and mobile wallet support for trading

Crypto.com provides a non-custodial wallet for both android and iOS users to manage their crypto assets. The app contains an in-built Binance-Esque market analysis function that supports more than 200 coins. This enables swift analysis and management of your coins.

You can exchange assets in the spot, margin, and derivatives markets.

Crypto.com’s tentacles extend to DeFi as well. You can set up your wallet, and stake your coins in several DeFi protocols.

Visa cards

By acquiring Crypto.com’s Visa card, you can spend your coins in shops that accept crypto as payment. These cards come in colors, and they are—in ascending order of luxury– Blue, Ruby, Green, Gold, and Obsidian. One that stands out in terms of affordability and juicy features is the Ruby card.

MCO Ruby card

By staking only 50 MCO tokens to get this metal card, you can enjoy the following benefits:

• 2% Cashback on all purchases
• Free monthly Spotify subscription.
• Up to $400 monthly in ATM withdrawals at zero cost.
• $4000 monthly interbank exchange rate.
• Note that you can withdraw your stake at any time, but your cashback benefit will fall to 1%, and there will be no monthly Spotify sub.
• 1 MCO = $3.23 at the time of writing

Security

Each lending platform has different measures put in place to minimize the risk of thefts, employee frauds, and other security breaches.

YouHodler

• YouHodler partners with Elliptic and CipherTrace to monitor transactions, prevent laundering, fraud schemes, terrorism, etc., and LedgerVault insurance protocol to ensure all crypto assets in a $150 million insurance pool.
• Anyone can request 3FA which locks withdrawals unless verified manually by the client.
• YouHodler users a mixture of hot and cold storage wallets to ensure funds are never kept 100% online.

Crypto.com

• They secure 100% of cryptocurrencies in cold storage.
• They are partners with Ledger—a global authority in security solutions for blockchain and cryptocurrencies.
• Like others, crypto assets are insured with a $100 million policy via Arch’s Underwriting at Lloyd’s syndicate.
• They use 2-factor authentication.
• They are verified with several standard information and security management protocols.

Pros and Cons

YouHodler Pros

• They support crypto-crypto and crypto-fiat currency conversions.
• No utility tokens.
• They offer up to 12% APY on stablecoins.
• Weekly compound interest.
• Highly safe and monitored.
• Flexible loan repayment options.
• Immediate withdrawal.
• No credit checks.
• Dispute resolution via the Blockchain Association and the Financial Commission.
• Insurance using Ledger Vault $150 million of insurance
• iOS and Android app
• More transparent than most competitors
• 24/7 customer support

YouHodler Cons

• $100 minimum savings deposit.
• Relatively short track record
• Not available to USA or China clients right now

Crypto.com Pros

• Interest on Crypto Earn is paid daily.
• They support a wider range of supported fiat and cryptocurrencies.
• User-friendly app with market analysis.
• Compound interest on savings.
• Composite metal card with juicy features.
• Low trading fees

Crypto.com Cons

• A minimum deposit of $200
• Unavailable in Switzerland, Malta, and North Korea
• Stablecoin USDT is not supported for US users.
• Significant stablecoin restrictions for Singapore users.

Bottom line

While these crypto-lending platforms keep offering mouthwatering deals, it is important to assess your needs clearly to choose the ideal platform. Recall: individual wallets are not FDIC-insured on none of these platforms; as such, it would be prudent to invest what you can afford to lose.

My current view is that:

YouHodler is best suited for those looking to invest more than $100 to earn APYs weekly, borrow cheap loans for projects, and multiply capital by actively trading using the multi-hodl feature and Turbocharge features.

Crypto.com is best suited for experienced crypto traders looking for diverse investment opportunities all in one place.

Experienced blockchain investors and crypto traders know very well how important it is to be equipped with the right tools for the job.

In the highly volatile cryptocurrency market, the prices of assets change so fast that using a subpar exchange can cost you time and money. That’s why traders who are focused on making serious gains prefer to make trades through high-quality crypto trading platforms like Altrady, which provide the users with a large number of extra features compared to typical crypto trading platforms.

From this article, you will learn what the core idea behind Altrady is and how using a premium crypto trading platform like Altrady can help traders maximize their profits while saving them a lot of time. You will get to know all the most essential features of the platform which combined together make Altrady a crypto trading powerhouse. The article also discusses the affordability of Altrady pricing plans and the groundbreaking new functions that will be added to the Altrady crypto trading platform in the near future.

Altrady overview

Altrady is a cryptocurrency trading platform developed with a single goal in mind: to make crypto trading easily accessible to everyone. It’s a powerful set of tools that can be used together with most of the popular crypto exchanges on the market.

The crypto ecosystem is dominated by exchanges that weren’t really created to cater to demanding traders, but to simple retail investors who just want to buy some crypto and hold it for a long time. Altrady, on the other hand, is a trading platform made specifically for traders and by traders: all the features of Altrady are designed to make the life of crypto traders easier, their risk smaller, and their profits bigger.

Unlike a large number of platforms that only provide the basic functionality of buying and selling crypto, Altrady allows people to benefit from a large number of extra features. Because of the powerful trading tools integrated into Altrady, crypto traders are able to gain a better insight into the market, make more informed trades, save a lot of time and make more money.

Main features of Altrady

Smart Trading

Altrady comes with a large number of tools allowing traders to utilize advanced trading strategies. Some of the options such as the Take Profit Order are intended to help traders optimize their gains and make maximum profit out of rapid price movements. Other options like the Trailing Stop Order allow you to mitigate risks and protect your gains.

Web Trading

Altrady allows people to trade crypto anywhere and at any time. Not only is the Altrady application available for all the popular desktop and mobile systems, but you can also use the web platform accessible from any device. With Altrady you don’t have to worry about ever again missing a great opportunity.

Trading Analytics

Most traders lose money by making trades without having sufficient information. Altrady provides instant and effortless access to high-quality historical data and market analytics, enabling traders to have full insight before making a trade.

Real-Time Market Data and Alerts

In a highly volatile ecosystem like crypto, getting the right info is just as important as getting it on time. Traders using Altrady gain access to instant alerts informing them about all the important price movements.

Multi-Exchange

Altrady can be integrated with almost all of the most popular exchanges such as Binance, Coinbase, Huobi, BitMex, and many more. You no longer have to choose between exchanges, and you don’t have to waste time learning how to use a new platform.

Portfolio Manager

One of the most important things for crypto traders is keeping track of all their trades and investments. Altrady includes a clear and beautifully-presented portfolio that allows the users to effortlessly keep track of all their current assets and the history of their trades.

Quick Scan

Quick Scan is a feature that allows traders to be immediately notified about price movements with the potential for scalping opportunities and other possible profits. Whether the price goes up or down, Quick Scan will notice it and inform you of all the important events on the market.

Crypto Base Scanner

Crypto Base Scanner is a powerful tool designed specifically to help traders greatly improve their profits while using the QFL trading strategy. Crypto Base Scanner scans the market for preferable entry points and automatically notifies the user when it notices an opportunity to make a profit with the QFL strategy.

Pricing

Greatly expanded functionality when compared to free exchanges and trading platforms naturally comes at a price. However, Altrady offers a great price to value ratio because the small subscription cost allows traders to increase their profits massively. Furthermore, Altrady allows the traders to select from three different pricing plans and choose the one that suits their needs best.

Basic plan includes all the core features of Altrady and costs only €14.95 a month. Traders utilizing the basic plan are entitled to almost all Altrady functionalities apart from some advanced trading strategies and analytics.

Essential plan provides almost all Altrady functions at an accessible price of €29.95 a month. Almost all features are included in this plan, except for two premium features: Base Scanner and Quick Scanner.

Premium plan is intended for the most professional and demanding traders. This plan costs €44.95 a month and includes all the features of the previous plans, while also adding two elite-level tools: Base Scanner and Quick Scanner. These scanners allow the traders to greatly increase their profits by making it extremely easy to find attractive tokens to trade.

Dedicated traders focused on making the most profit can get a 30% discount by purchasing an annual plan instead of a monthly plan. But that’s not all: every crypto trader is entitled to a 14 days Free Crypto Trading Subscription Trial – you can try Altrady with no obligations at all, and purchase a subscription only after you see for yourself how the platform can improve your gains.

Features coming soon to Altrady

One of the reasons why Altrady is so quickly gaining popularity among cryptocurrency enthusiasts is that the exchange is constantly evolving to meet the needs of the most demanding crypto traders. New features are introduced on a regular basis, in order to keep up to date with the ever-evolving needs of the crypto community.

Before the end of Q1 2021, Altrady will introduce a large number of new features:

• Manual Smart Positions
• Trading Bot Positions
• Signals Bot
• Grid Bot

These new features will allow the Altrady users to benefit from the full power of automated trading. Advanced algorithms will enable the traders to improve their profits even further, all while saving them a lot of time and mitigating the risks.

Summary

Altrady’s growing popularity among crypto traders is obvious when we analyze all its features. A massive number of powerful tools integrated into Altrady empower the traders with a large number of benefits. A massive boost to profits will be most important to most people, but Altrady also works great at reducing the risks related to highly volatile markets and making the entire process of trading crypto more time-efficient.

A popular crypto motto says “don’t trust, verify”. You can verify the usefulness of Altrady yourself with the 14 days Free Crypto Trading Subscription Trial, which allows everyone to try Altrady entirely for free with no obligations at all. Altrady is an excellent investment in your crypto trader career, and the 30% discount for all plans while purchasing a yearly subscription makes this investment affordable to anyone.

You can also use the discount code GALEA to get 10% off any plan at checkout.

Sign up to Altrady