Fun Things You Can Do With Your Crypto
Even if you’re a complete layman in the crypto world, you’re probably aware that cryptocurrencies are digital currencies that function like any other currency. Namely, you can make deposits with them, purchase products with them, gamble at the best online crypto casinos, and more.
For those new to the game, we’ve composed a list of the top interesting and fun things you can do with your crypto to keep you out of the grey zone when it comes to these digital currencies. Without further ado, let’s explore.
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The three top fun things you can do with your cryptocurrency
Cryptocurrencies are still a relatively unpredictable notion, i.e., not fully stable in the long run. But despite their fluctuations, we still know their primary benefits and stuff we can do with these digital currencies for certain. Here are the three top fun things you can do with your crypto:
Gamble at online crypto casinos
As mentioned above, crypto casinos are an emerging online gambling industry that allows deposits and withdrawals of a cryptocurrency instead of real money. Namely, whichever cryptocurrency you may hold, be it Ethereum, Bitcoin, Litecoin, or else, you can deposit it and gamble at your chosen crypto casino.
Crypto deposits are undoubtedly the major reason why these casinos are expanding rapidly, but not the only one. Crypto casinos offer a great selection of games, fair play, come with a license (if they’re reputable), and offer encryption methods like end-to-end encryption or SSL (Secure Socket Layer) encryption for all your financial transactions.
Earn interest in cryptocurrency (Bitcoin, Ethereum, etc.)
Indeed, trading cryptocurrencies takes a lot of skill, experience, patience, and time. But if you hold a cryptocurrency for an extended period, you can earn great interest in the long run. You can gain steady interest through crypto staking and DeFi lending. However, you must remember that DeFi lending isn’t completely risk-free because there’s no insurance from a government body like FDIC (Federal Deposit Insurance Corporation).
Enable cheap financial transactions
The third top advantage of cryptocurrencies is undoubtedly making deposits and withdrawals fast and low cost. For example, a recent survey we took showed us that a Litecoin transaction worth $99 million was transferred for only two and a half minutes, with a transaction fee of no more than $0.40. If you tried to make this transaction through an intermediary, your fee would be much higher, and the transaction would last for a couple of days, even longer if you carried out your transaction across borders.
As you can see, you can indulge in numerous fun and lucrative activities with your cryptocurrency. First of all, if you’re persistent, you can gain great interest if you hold a cryptocurrency for a while as your investment. Second, you can enable secure and fast financial transactions.
And last but not least, you can gamble at crypto casinos by depositing your cryptocurrency instead of real money. Indeed, there are numerous other fun activities achievable through crypto, but these three will suffice for now.