Bitreviews.com - Your comparison portal for crypto trading & gambling

The invention of Bitcoin not only created a new asset class for investors but also a clear candidate for the digital currency of the future. While this industry has a high media presence, it is both tempting and confusing for new investors. With new coins appearing all the time and the market notoriously fast moving, those who dip their toes in the water and want to start trading may not know where to start when deciding on the best crypto currency to invest in in 2020.The crypto scene is diverse, and there are many points to be touched with cryptocurrencies. We at bitreviews.com have made it our mission to create a comprehensive overview of the different ways to trade, mine, or gamble with cryptocurrencies.We want to help newcomers as well as professionals to give you an objective overview of the entire industry and to help with our tips

Price Ticker

The Cryptoworld is versatile and by now there are numerous currencies on the market. Below you will find the prices of the top 10 currencies updated every second. The key metrics such as the current price, changes in the last 24h,  current market cap and  total and available number of coins are all available at a quick glance for you. If you are looking to purchase one of the coins, check our broker & exchange overview to find your individual operator and make sure to find a reputable provider that fully meets your needs and requirements.

#NamePriceMarket CapChangePrice Graph (24h)

Best crypto trading sites

Best trading operator

Trading cryptocurrencies and other asset classes is still very popular, but there are a large number of providers and investors are often unsure which broker is right for them. To help you find the best online broker for crypto trading, we have researched and compiled the top brokers for you.

Overview on the best brokers

 

Filter
  • Service
  • Deposit and Withdrawal
Rating
90/100
Minimum Deposit
-
Deposit Protection
-
Amount of Currencies
-
BTC/USD Spread
-
Rating
83/100
Minimum Deposit
-
Deposit Protection
-
Amount of Currencies
-
BTC/USD Spread
-
PrimeXBT Review Visit Provider
Rating
81/100
Minimum Deposit
-
Deposit Protection
-
Amount of Currencies
-
BTC/USD Spread
-
IQ Option Review Visit Provider
Rating
81/100
Minimum Deposit
$200
Deposit Protection
$20000
Amount of Currencies
94
BTC/USD Spread
1
eToro Review Visit Provider
Rating
80/100
Minimum Deposit
-
Deposit Protection
-
Amount of Currencies
-
BTC/USD Spread
-
SimpleFX Review Visit Provider
Rating
79/100
Minimum Deposit
-
Deposit Protection
-
Amount of Currencies
-
BTC/USD Spread
-
Rating
78/100
Minimum Deposit
-
Deposit Protection
-
Amount of Currencies
-
BTC/USD Spread
-
easyMarkets Review Visit Provider
Rating
76/100
Minimum Deposit
-
Deposit Protection
-
Amount of Currencies
-
BTC/USD Spread
-
Rating
76/100
Minimum Deposit
-
Deposit Protection
-
Amount of Currencies
-
BTC/USD Spread
-
Rating
72/100
Minimum Deposit
-
Deposit Protection
-
Amount of Currencies
-
BTC/USD Spread
-
AxiTrader Review Visit Provider
Rating
70/100
Minimum Deposit
100€
Deposit Protection
20000€
Amount of Currencies
50
BTC/USD Spread
1
BDSwiss Review Visit Provider

Crypto & Online Broker of the Month

Bookmaker Comparison

Bookmaker Comparison

While in the early days of  sportsbetting, only a limited number of bookmakers been on the market, competition between bookmaker brands has now reached an all-time high, with dozens of bookmakers trying to attract bettors around the world. This fierce competition between bookmakers makes it increasingly difficult to distinguish between operators. But while most bookmakers offer seemingly similar markets, odds, features and instruments, a closer eye can spot the key differences between most bookmaker brands. Sportsbetting is also becoming more and more popular in the crypto sector, as cryptocurrencies compensate for many of the disadvantages of traditional bookmakers and many cryptofans can also be found in the sports betting sector.

Sports
Casino
85/100
Rating
Tonybet Highlights
  • Good odds
  • Decent number of sports
  • Accepts Bitcoin
Paysafecard
UKGC - UK Gambling Commission
100% up to
£50
Tonybet Review Visit Provider
78/100
Rating
1xbet Highlights
  • Comprehensive sportsbook
  • Great odds
  • Excellent live betting & streaming service
Paysafecard
Curacao
-
1xbet Review Visit Provider
75/100
Rating
Unikrn Highlights
Paysafecard
Isle of Man
-
Unikrn Review Visit Provider
Go to Sports Betting Comparison
88/100
Rating
Yako Casino Highlights
  • Great welcome bonus
  • Fully licensed site
  • Quality game selection
Astropay
UKGC - UK Gambling Commission
100% up to
£99
Yako Casino Review Visit Provider
85/100
Rating
Casinomax Highlights
  • Bitcoin accepted
  • About 100 slot machines
  • Great welcome bonus
Credit Card
New Jersey (US)
-
80/100
Rating
7Bit Casino Highlights
  • Large number of casino games
  • Fully licensed gaming site
  • Top crypto brands accepted
Paysafecard
Curacao
-
7Bit Casino Review Visit Provider
80/100
Rating
Tonybet Highlights
  • Licensed in the UK
  • Fast payments
  • Accepts Bitcoin
Paysafecard
UKGC - UK Gambling Commission
100% up to
£300
Tonybet Review Visit Provider
78/100
Rating
Bitcoin.com Highlights
  • Easy way to make Bitcoin deposits
  • Provably fair casino gaming service
  • No registration needed to play
Bitcoin
New Jersey (US)
-
Bitcoin.com Review Visit Provider

Best Crypto Wallets

Best Bitcoin Wallets

The world of cryptocurrencies has moved so quickly in the last decade that it seems incredible to think that it wasn’t long ago that all of this was a pretty much unknown concept to the overwhelming majority of the public. Now, even if people don’t utilise Bitcoin wallets, they probably know what they are, meaning that the world of cryptocurrencies has now entered mainstream consciousness.

With that has come plenty of other options too. There’s now a wide choice of other cryptocurrencies and wallets. If you wish to find out more about them, be sure to check out our Ethereum wallet reviews, Bitcoin Cash wallet reviews and EOS wallet reviews.

Best Crypto Mining Operators

Cryptocurrencies are still very popular. Mining coins is not only an exciting but also lucrative way to make money with cryptocurrencies. Therefore we have compared the leading cloud mining providers exclusively for you.

We understand all aspects of cryptocurrencies

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

What is crypto?

A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.

DLT to Blockchain

  • Cryptocurrencies use decentralized control as opposed to centralized digital currency and central banking systems.
  • The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database

Crypto Trading

Crypto trading is the act of speculating on cryptocurrency price movements. While trading you are able to exchange (buy and sell) a cryptocurrency for another, like Bitcoin or altcoins. This is one way of getting involved in the world of cryptocurrencies without having to mine it.

Crypto Mining

Cryptocurrency mining is the process of creating additional units of a particular cryptocurrency. In detail, it is a complex arithmetic operation in which transactions for various forms of cryptocurrencies are checked and added to the digital block chain ledger. Cryptocurrency mining is still very relevant both as a topic and as an activity, since on the one hand the use of the crypto currency itself has increased exponentially in the last years and on the other hand mining is one of the easiest and most interesting ways to understand crypto currencies in detail.

Crypto Gambling

Beside specialized crypto bookmaker, also more and more of the traditional bookmaker start to accept bitcoin and other cryptocurrency within their betting ecosystem. Bitcoin is on the way to become the preferred sports betting currency, because of its safety, the fast transactions and its low fees. While bitcoin transactions continue to gain popularity, they have also enabled a new arena for gambling, gaming and lotteries through online bitcoin casinos. Through bitcoin transactions, these casinos offer a wide variety of options for players to bet their bitcoin money on.

 

We bring transparency into the crypto world

We at Bitreviews.com have made it our intrinsic goal to analyze the complex cryptoscene in detail and to give our users a clear and transparent overview on all aspects of crypto. With the goal that both beginners and advanced crypto users can inform themselves about new providers at any time.

Unfortunately the crypto industry is often confronted with a large amount of fraud activities. Especially in the “ICO gold rush”, many dubious providers have cavorted on the market. We are working hard to introduce only the best and most reputable operators for trading Bitcoin and other altcoins to our users. This is our contribution to bring more transparency into the crypto world and to restore its reputation. We believe in the idea of creating a digital currency of the future, which will establish itself as an investment asset class but will also be used for payment transactions in everyday life.

 

Tips & Tricks for beginners

For beginners the Crypto world can be very confusing at first. It is important to understand the basics before you can really get started. Inevitably one is then confronted relatively quickly with the question where do I get my first Bitcoins and co.  There are different providers with different characteristics out there. The best provider often depends on the planned use-case. You can see crypto currencies as a long-term investment, you can get more into the speculative way of trading or you need the currency for actual transactions, like betting or gambling with crypto.  Which crypto platform you choose for trading is one of the most important decisions you will make and depends heavily for which of these applications you need them.   The golden rule is that as soon as you want to keep the currency in your own possession for a longer period of time, you should transfer it to your own wallet in which you have full control over your assets. In case the intention is not to own the coins, but rather to speculate on the price, brokers who offer Forex and CFDs are particularly suitable. These providers generally offer an easier entry for beginners than the alternative to buy real currency through an exchange.

  • Research to inform yourself – A few cryptocurrencies are more famous than others: Bitcoin, Ethereum and Litecoin top the list for tradability and usability. However, there are many other currencies that have a strong purpose because of their individual USPs.  Do your homework and find out what makes each currency special, which ones are on the rise and focus your attention on them.
  • Accept and embrace volatility  – crypto currencies are known to be volatile. Large price jumps and price fluctuations can occur at any time. Make yourself aware of this. On the one hand, this means a high risk, but it also guarantees the chance of large profits and is a great incentive.Always remember to act cautiously and only within your limits.
  • Understand blockchain –While you don’t need to understand the technical complexity in detail, a basic understanding will help you better interpret news and announcements and this will help you predict future price movements.
  • Remember that some technologies / companies will fail – Remember that cryptocurrencies are basically software, created by people or companies. Some are Coins are completly independet and force the idea of democratic decisions whereas behind other altcoins there are companies in the background which business models bases on their currenty. But one thing that is important to remember that this is still a really new space and newly created startups / technologies can fail and as such the coins can loose their value

 

How to find a good broker to buy crypto?

Trading options

First of all you should find out if the desired trading pair is available on the respective exchange / trading site. Not all cryptocurrencies are available on all exchanges. While Bitcoin is the leading currency and can be traded almost everywhere, for other currencies a short check is necessary.

Security

Always check our independent tests and other reviews to ensure that the crypto currency exchange is safe. If your account is hacked and your digital currency is stolen, they are gone forever. Therefore, please inform yourself thoroughly and transfer your coins to your secure wallet as soon as possible.

Location

In most cases, the best operator depends on where you are located. Since crypto exchanges are very new in most countries, the regulations for their use are still in their infancy. Therefore, please inform yourself in advance about the respective restrictions and your local legislation.

Fees

Each exchange offers different commission rates and fee structures. Especially in the case of frequent transactions or high volumes, you should take a close look at the fee structure of the respective provider. Two fees are the most important to look for:

  1. Trading / Transactions fees (how much you’ll have to pay per transaction / trade)
  2. Payment fees  (What is the fee for each payment method (e.g. Credit Card can be up to 4%)

Payment methods

Crypto trading always starts with a single deposit. No matter what currency you want to buy, the first step is to create an account and deposit Fiat money using a recognized payment method. You should therefore choose exactly which deposit method you prefer and check whether the exchange supports the particular method.

 

Summary of points you should look for

  • Available in your location
  • Secure & reliable
  • Good customer service
  • Methods of deposits and withdrawals
  • Low fees
  • Good variety of cryptocurrencies
Whats means cryptocurrency?

Cryptocurrencies are a digital currency based on strong cryptographic techniques (blockchains) and distributed peer-to-peer networks, thus regulating money creation and money transfer independently of central banks.

Who is Satoshi Nakamoto?

Satoshi Nakamoto is the name used by the presumed pseudonymous person or persons who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin’s original reference implementation.

Where can I buy bitcoin?

We at bitreviews.com have made it our task to prepare and present the individual possibilities for purchasing Bitcoin and Co. Check our comparison for more information.

Whats the difference between CFD and real cryptos?

CFDs (Contracts for difference) are a contract between you as a trader and the brokerage firm you wish to deal with. The real difference is that with a CFD, you do not own the underlying asset, in this case the cryptocurrency, and you only have the right to the difference in its price. That makes this form interesting for daytraders but not for long term investors

What’s meant by altcoin?

Altcoin is the term used to describe alternative digital assets, that is, all coins except Bitcoin. This nomenclature is based on the fact that Bitcoin is the original crypto-currency and that all others are then considered to be “altcoins” or “alternative coins”

What is a fiat currency?

Fiat money is a currency (a medium of exchange) established as money, often by government regulation, but that does not have intrinsic value (value independent of the nominal value, such as a precious metal might have).

What’s meant by DLT?

A distributed ledger is a consensus of replicated, shared, and synchronized digital data geographically spread across multiple sites, countries, or institutions. Unlike with a distributed database, there is no central administrator. Whereas all blockchain is considered to be a form of DLT, there are also non-blockchain distributed ledger tables.

 

 

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