Connect with us
[crypto-donation-box]

Blockchain

Earn crypto while playing BitKong 

Republished by Plato

Published

on

BitKong is an engaging crypto casino that features a free-to-play mode. This game supports a wide range of cryptocurrencies on their site and Android app (BTC, ETH, DASH, DOGE, LTC, and XRP), and they even give users the ability to play with real money, using a Free Faucet, as they get used to the game. But BitKong is not alone in the family. This great ape has two-game brothers called Luckydice and Simpledice

At First Glance

BitKong has a very defined design with whimsical and attractive graphics. But the design aspect is not the only thing that stands out. The game is carefully well thought from conception since it offers different intuitive gameplay modes.  

You have three options to begin playing on BitKong: deposit BTC or another cryptocurrency, use the “for fun” mode, which allows you to test the game for free, or use the bitcoin faucet to earn some BTC and possibly win big without making a deposit. Each of these options works seamlessly, and everything has been highly optimized. At the time of writing this review, BitKong offers just one game, but the staff is working on two new games: a classic Keno game and Poops, a minesweeper. 

Even though BitKong offers a single game, it has very engaging gameplay and design, which means that you won’t miss the unnecessary flashy features of other games. BitKong has two sibling websites that feature dice games: Luckydice and Simpledice, and all three games use a provably fair system for the sake of transparency. The “My Bonuses” section in BitKong has been updated recently, so it’s difficult to judge the current display. 

How Do You Play BitKong 

When you start playing BitKong in Easy mode, you will see four columns and nine rows of cells; you’ll be able to turn one out of four cell options on each row. One of those four options hides poop and uncovering it will make you lose the game, and the other three will allow you to move on to the next row. Each successive row features greater rewards. You can cash out anytime throughout the levels, but of course, the longer you hold, the bigger your potential earnings.

Source: BitKong

BitKong levels are Easy, Medium, Hard, Extreme, and Nightmare. In the Nightmare Level, just one option out of four allows you to pass on to the next row, which means that the payout is higher. For the Easy level, the payout starts at 1.29x, Medium at 1.42x, Hard at 1.90x, Extreme at 2.80x, and Nightmare at 3.8x. All levels offer the chance to get a random multiplier, allowing you to drive up winnings even further. 

The minimum bet on BitKong is 10 Satoshis, but you can bet up to 1 whole bitcoin if you’re feeling lucky. It’s worth noting that BitKong has a house edge of 3%, so bear that in mind. 

BitKong’s Cashier

When it comes to the Cashier, BitKong has a very attractive feature since all deposits are free of charge unless you deposit less than ₿0.0005. If you deposit under the minimum, a ₿0.00005 fee will automatically be deducted from your deposit. BitKong allows deposits from Legacy and Segwit addresses, and they even support lightning network deposits; lightning has just a ₿0.00001 minimum deposit. 

Source: BitKong

BitKong charges a regular fee of ₿0.0001 for withdrawing, which is the same as other casinos. Still, you have the option of speeding up the transaction by choosing a high-priority withdrawal and paying  ₿0.00025 if you need your funds immediately. You can also exchange your bitcoin for other cryptocurrencies inside the BitKong casino. 

BitKong Bonuses

Players can enjoy a lot of rewards and win different bonuses with BitKong. But, before starting scoring bonuses, it’s important to understand why the game grants Experience Points and Credits. Experience Points are the metric BitKong uses to measure and compare the performance of all the players, while Credits are the unit used to award bonuses. 

Source: BitKong

Their jackpot is the chance to win big at any time. The only requirement is that you have a winning bet. The jackpot can get massive depending on players’ bets. The chances of winning the jackpot are, to be honest, slim (1 in 268 million, or somewhere in that ballpark), but that’s the way it goes when you’re shooting for a top prize. 

The game also rewards the best players of the day, week, and month through BitKong’s Leaderboards. Players with the highest amount of Experience Points get to the top of the leaderboard for each period and receive prizes. BitKong also awards cashback according to Ranking: players with a “King” rank get 0.3%, but each lower rank gets a percentage starting from 0.05%. 

Recently, the game has incorporated a new reward system: Level Up. Basically, the players get an incentive bonus while they work on their Rank promotion. There are 60 levels distributed in between the ranks; each new level the players reach gets them a specific amount of credit reward. 

Last but not least, Magic Chests. These bonuses are also based on Experience Points; the higher amount of XP you win, the better the chest category. There are three categories of Magic Chests: Silver, Gold, and Black. When players win magic chests, they get a random amount of credits out of a range that depends on the Magic Chest category. 

Tournaments

Each week, BitKong throws a different Tournament, but once a month, a high-paying tournament splits a prize juicer than usual. To get in, players need to have a minimum of 5,000 experience points. The most significant part of the prize gets divided among the top three players. What is left is split among the rest of the players. 

Chat Features

Besides contacting support, you can also share bets with other players and rain money on them by clicking on the icons at the bottom of the chat. The Rain option allows you to shower up to 25 random players with money or choose people specifically. 

Customer Support

You can either reach out to BitKong through email at [email protected] or talk to the staff through the live chat available inside the game for registered users.  The email address is used only to notify web malfunction or for complaints. They do respond to emails incredibly fast (even when it’s late at night), so players can rest easy knowing that they will receive a quick reply to their questions. 

Security Features

To keep your information and funds protected, BitKong gives you the option of using 2FA authentication. And that’s not all, the game takes security very seriously, so they also support security keys, which isn’t that common among cryptocurrency casinos. 

They give you the option to use Trezor, Leger, and other hardware through BitKong; additionally, you can enable Telegram and Line authenticators for even more peace of mind.

To Sum Up

Instead of providing an endless selection of games to choose from, BitKong has opted to keep it simple and flawless. BitKong offers a simple yet innovative cryptocurrency betting game equipped with tons of exciting extras and dynamic graphics. BitKong designs are so strong that you’ll enjoy looking at this game, even if you aren’t winning money. You’ll never have to worry about fairness or security, thanks to all of the extra efforts BitKong has taken.

Generally speaking, BitKong is a solid crypto casino destined to impress passive betters and avid players alike.

Disclaimer: This is a paid post and should not be treated as news/advice

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://ambcrypto.com/earn-crypto-while-playing-bitkong

Blockchain

DOGE is Young People’s Middle Finger to the System, Says Mike Novogratz

Republished by Plato

Published

on

Mike Novogratz, in a research report, stated that Dogecoin is “the most honest shitcoin”, calling it a “store of value” for young people wishing to express a “little bit of a middle finger to the system”.

Dogecoin’s Recent Price Action

DOGE has entered a steep and stunning climb during the past few months, going from mere pennies to over $0.65. Young people betting on the speculative and volatile crypto asset have made staggering amounts of money thanks to the recent insane rate of return.

Many theorize that this rise has been fueled by Tesla founder and business mogul Elon Musk, who often refers to Dogecoin on his infamous Twitter profile, tweeting in a (usually) positive manner. Oftentimes when an “Elon tweet” comes out regarding Dogecoin, it gives a nice little boost to the price.

Most recently, Elon Musk revealed that he would be hosting SNL, dropping a single hint: Dogefather. This enigmatic message has spurred thousands of young people worldwide to invest in DOGE, which, although extremely risky, has been facing undeniably bullish price action as of late. Will Elon Musk’s SNL special provide the fuel needed for DOGE to power through to over a dollar, or will it be a ‘sell the news’ event?

Novogratz Draws Parallels to GME

Novogratz, in his interview, urged people to “listen to what Dogecoin is saying”, as he sees it as very comparable to the GameStop fiasco (where a group of young retail traders pushed GME to new heights, partially in an attempt to liquidate hedge funds that were shorting the stock).


ADVERTISEMENT

“There is nihilism and excitement to it,” Novogratz stated, adding, “there’s something really pure about it.”

Indeed, Dogecoin is not a successful ‘company’ in the traditional sense, and there is little to no innovative development work going on behind the scenes, but we’ve seen (in the stock market, for example) that the power of the masses if placed behind a single unifying idea, can work wonders.

It’s a massive game of tug of war — whether or not Dogecoin can sustain this dizzying momentum remains to be seen. One thing is for sure: millions of people will be tuning in to watch SNL this week.

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

You Might Also Like:


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptopotato.com/doge-is-young-peoples-middle-finger-to-the-system-says-mike-novogratz/

Continue Reading

Blockchain

Bitcoin Cash price jumps 68%: Looming hard fork to boost BCH user base?

Republished by Plato

Published

on

Bitcoin Cash (BCH) burst back into the market capitalization top 10 rankings on Thursday after a 36% overnight surge compounded 68% growth for the week. The per coin valuation of BCH climbed from $1,068 to $1,462 in under 24 hours leading into May 6, adding to a notable increase from its weekly low in the $800 range.

The resurgence of what was once a mainstay of the top-10 lineup comes just over a week ahead of Bitcoin Cash’s scheduled bi-annual hard fork on May 15, which will introduce two small, but not insignificant tweaks to the network.

One sees the removal of Bitcoin Cash’s unconfirmed transaction chain limit, allowing for more micro-transactions to be broadcasted without having to wait for a block confirmation.

Blocks are mined every 10 minutes on Bitcoin Cash, and the old unconfirmed chain limit was capped at 50 transactions. This allowed for high-volume applications to make 50 near-instant transactions before requiring confirmation in a block. This cap will be removed entirely in the upcoming hard fork.

The other major change scheduled for May 15 will see the introduction of multiple “OP_RETURN” outputs. Put simply, the Bitcoin Cash blockchain currently allows for the insertion of miscellaneous data into a transaction, such as text, images and other data types. At present, only one “OP_RETURN” output can be included in a transaction, i.e., one image, text, etc. The upcoming network upgrade will allow for multiple pieces of miscellaneous data to be included in a single transaction.

Both changes feasibly open up Bitcoin Cash to higher volume usage, as well as making it more amenable to current and popular applications such as NFTs. Businesses and app developers stated they specifically wanted to see the changes introduced to expand the blockchain’s capabilities with nonfungible tokens in particular, as noted in the upgrade’s documentation.

Bitcoin Cash’s market price has been on the rise since the start of the year along with the rest of the cryptocurrency sphere. So too has its overall usage according to on-chain data from Bitinfocharts.

The number of daily Bitcoin Cash transactions rose from 20,000 in December to over 150,000 at the time of publication — a 650% increase. Between February and April, Bitcoin Cash regularly processed more transactions on a daily basis than Bitcoin (BTC), peaking at 414,000 to Bitcoin’s 229,000 on March 21.

However, the same data source shows less growth in the number of transactions coming from unique addresses, which only increased 25% from 40,000 to 50,000 — a figure one-fifth of that seen on Bitcoin.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cointelegraph.com/news/bitcoin-cash-price-jumps-68-looming-hard-fork-to-boost-bch-user-base

Continue Reading

Blockchain

Kazakhstan opens public consultation for central bank digital currency

Republished by Plato

Published

on

Kazakhstan’s central bank is planning to examine the potential benefits and risks of adopting a state-backed digital currency.

The National Bank of Kazakhstan, or NBRK, published Wednesday a report on a digital tenge pilot project and opened a public consultation on the potential central bank digital currency, or CBDC.

According to the report, the digital tenge would be a new form of money issued by the NBRK to enable the “further development of the national payment system and reduce reliance on cash settlement using unique technical features.” The bank emphasized that the CBDC is not intended to replace either cash or cashless payments, but would rather be an alternative used in parallel with existing payment solutions.

The NBRK noted that the digital tenge would improve competitiveness in the payment market, strengthen the stability of the financial system, as well as contribute to increasing public trust in state-backed payments. “The technology will meet the highest cybersecurity standards. […] The bank will pay special attention to consumer protection and the privacy of digital tenge users,” the NBRK stated.

The bank will first conduct a comprehensive study of benefits and risks related to a potential CBDC. In collaboration with financial market players and global partners, the NBRK also plans to define the digital tenge’s objectives, issuance and distribution methods, the applied technology, and the potential impact on monetary policy, financial stability and the payment ecosystem.

As previously reported, Kazakhstan authorities initially announced that the government started considering a national digital currency in July 2020 alongside plans to increase investment in cryptocurrency mining. Local officials subsequently pointed out the digital tenge’s potential to become a crucial tool in fighting corruption in Kazakhstan.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cointelegraph.com/news/kazakhstan-opens-public-consultation-for-central-bank-digital-currency

Continue Reading
Blockchain3 days ago

Mastercard adds 6 blockchain payments startups to accelerator program

Blockchain20 hours ago

Major Law Firm CMS Adds Stratis (STRAX) to its Legal Accelerator Program

Blockchain2 days ago

Starcoll To Issue Limited Edition Star Wars Collectibles as NFTs

Blockchain2 days ago

Pro traders buy the Bitcoin price dip while retail investors chase altcoins

Blockchain2 days ago

eBay could add a crypto payment option, says CEO

Blockchain3 days ago

S&P DJI Releases Bitcoin and Ethereum Indexes

Blockchain1 day ago

China’s Central Bank to Partner With Alibaba’s Ant Group on Digital Yuan

Blockchain2 days ago

Bitcoin Miners Moving Away from China, F2Pool Observes

Blockchain2 days ago

‘This ain’t no game’ as DOGE briefly flippens Nintendo and takes #4 spot from XRP

Blockchain3 days ago

Iranian companies can now pay for imports with officially mined cryptocurrencies.

Blockchain1 day ago

Here Is Why XRP Volume Has Recover Across Payment Corridors

Blockchain3 days ago

CBDCs Could Harm Bitcoin But BTC May Replace Gold as a Store of Value: Deutsche Bank

Blockchain2 days ago

S&P launches cryptocurrency indexes, debuting with Bitcoin and Ether

Blockchain2 days ago

The Reason for Ethereum’s Recent Rally to ATH According to Changpeng Zhao

Blockchain2 days ago

Singapore’s largest bank posts tenfold crypto volume growth in Q1 2021

Blockchain2 days ago

Bybit Launches Ether (ETH) Cloud Mining Service as Demand Booms

Blockchain3 days ago

Qredo raises $11M in seed funding to launch new cross-chain asset management infrastructure

Blockchain2 days ago

Another XRP lawsuit update: SEC accuses XRP Holders of ‘reciting’ Ripple’s litigation position

Blockchain2 days ago

eBay is Considering Adding Crypto Payments & NFT Sales

Blockchain2 days ago

Bitcoin and Ethereum Indices Debut on S&P Dow Jones

Trending