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Why You Should Use an E-Wallet When Gambling Online

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e-Wallet

Thanks to the internet and technology, we all can play casino games anytime we want and wherever we are. Playing casino games remains to be the favorite hobby of many people, and in times like this, when the world is dealing with a pandemic, playing online is the safest way to continue this kind of hobby or entertainment.

Now, when it comes to playing online casino games, convenience always plays an important role. Part of this is ensuring that you safely make a deposit to your account and easily get to withdraw your winnings whenever you want to. 

When it comes to payment options, there are many that you can choose from. However, there’s one payment method that you should give a try if you haven’t tried it yet. It’s making use of an e-Wallet to make a deposit. Nowadays, there are many PayPal Casinos and other casinos that process payments made with e-wallets. If you haven’t tried it yet, here are great reasons why you should.

What is an E-Wallet?

Before we let you know what the benefits and advantages are, you first should understand what e-wallets are. An e-wallet sounds exactly what it is. It’s an online or digital wallet. This is where you can store your money electronically. This is also what you can use with most of your online transactions including purchases and sending money to other people who also have e-wallet accounts. 

Fortunately, many online casinos already have this payment option. Most online casinos offer this payment option through platforms like PayPal, Neteller, Skrill, Venmo, Google Wallet, Snapcash, and many other more. 

The Advantages of Using an E-Wallet When Gambling Online

Now that you know what an e-wallet is, here are the advantages of using any of them.

  • It’s easy and convenient

It’s so easy to sign up with these online platforms. However, you may need to follow a verification process and this is something good. Most e-wallet platforms would only allow you to create one account with them to make sure that all accounts are genuine.

You may need to disclose your personal information when signing up with them. Of course, to be able to make a deposit to your account, you will also have to enroll your bank information. This may sound scary to some, but this is only something that you have to do once. These platforms are much secured and you don’t have to worry about it.

  • It’s safe and secure

These e-wallets are encrypted so you can be sure that your transactions with them are safe and secure. Since you’ll need to follow a verification process to activate your account, you can be sure that these platforms prioritize your safety as a user. You can also use your e-wallet for other transactions and this makes it safer for you because you won’t have to keep on disclosing your banking information to all the websites you will be transacting with.

  • It gives you privacy

For most e-wallets, you will only need your e-mail address every time you make a transaction. Some e-wallets will only need you to disclose your wallet ID. This way, you don’t have to disclose your banking information to the online casino operators. It gives you privacy and your actual bank won’t get to track your gambling activities too. 

That is something that many online casino players want because there are banks that are very strict when it comes to any gambling-related transactions. It could be very frustrating for many people to directly use their bank accounts when gambling online and so using digital wallets or e-wallets makes things less hassle or even hassle-free. 

  • Transactions are made quick

Transactions made with e-wallets are processed instantly. If you will need to send money to a wallet address, the money you send will be processed in just a few seconds. This is even if your transaction is gambling-related. For some banks, such a transaction might take a few business days to be processed because approvals are necessary. This is something that you don’t have to deal with when you are using e-wallets.

Many online casinos are based offshore for good reasons and even if that is the case, you can still use your e-wallet to make a payment overseas. You can also easily convert your money to a different currency. However, know that most of the time, e-wallets have their own currency exchange rate and this is typically lower than the actual exchange rates.

Image by Gino Crescoli from Pixabay

Altcoins

My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Altcoins

Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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Altcoins

3 Reasons Why Liquidity Dividends Protocol (LID) Will Be a Huge Winner

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Liquidity Dividends Protocol

Since 2017, cryptocurrency has experienced both the crazy highs and the crazy lows with fortunes being made and lost overnight.  That volatility is one of the main reasons why cryptocurrency has been relatively slow to gain mass adoption.  In addition to volatility, another concern for many is the lack of security and regulation in the market.  This can be seen through the countless exchange hacks and rug pulls that seem to occur on a weekly basis.  In order for cryptocurrency to move into the next stage of maturity and bring on mass adoption, investors and users will need to feel secure knowing that their funds are safe.  One promising organization that may have the perfect solution is Liquidity Dividends Protocol (LID).

What is Liquidity Dividends Protocol?

Liquidity Dividends Protocol is an up and coming organization that provides locked liquidity services to cryptocurrency projects that launch their offerings through ERC-20 tokens.  It lets non-custodial pre-sales lock liquidity of a token in a trustless manner through Uniswap.  This locking process will prevent every investor’s worst nightmare of seeing their hard-earned money disappear through “rug pull” scams that are designed to remove liquidity out of DeFi projects.

This year has seen an explosion of interest in Uniswap and DeFi projects.  Many investors have generated enormous returns on investments, but many have experienced the pain of being duped.  Below are three reasons why LID Protocol is poised to be a massive winner in…

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