HitBTC Exchange – Buy and Sell XMR Monero

HitBTC is a European Bitcoin exchange and one of the most advanced exchange portal in the world. It offers 0.1% fees for every trade you make. You can trade various cryptocurrencies such as Monero, Bitcoin, Litecoin, Bytecoin, etc. and current fiat currencies such as USD, EUR. HitBTC.com provides cryptocurrency trading services to merchants, individual traders, and institutions worldwide. The HitBTC exchange review will cover every aspect of this exchange portal functionality:

Get Started HitBTC.com

This portion will include the points about how to register and login to your HitBTC.com account:

HitBTC Register & Login

Open a new tab and type hitbtc.com, and press the enter key. The following window will open on your computer screen:

getting started hitbtc

Click the “Register” Button, which is displayed in red color.

Now insert the email-id and password to register your account on HitBTC.com.

hitbtc sign in

The password should be at least of 6-characters and must comprise of one lower case, one uppercase letter and one number in it. After clicking the “Register” button, you’ll receive an email on the ID, on which you registered your HitBTC.com account.

hitbtc email verification

Click the blue link, it will take you to the HitBTC.com home-page. Now, enter your email and password to sign-in into your account. You can even click the “Sign in” button for HitBTC login.

hitbtc exchange page

You can even change the language from English to Chinese, by clicking on the Language Menu on the right-side of “Sign In” button.

Also, you can change the night mode to light mode.

hitcbtc night mode

HitBTC.com Terminal

After signing-in into your account, HitBTC.com terminal will open, which will comprise of following menu items:

Exchange

Account

Reports

Markets

System Health

HitBTC.com Settings

Click the “Setting” icon, right next to deposit button. The following window will appear:

hitbtc promo codes

General Settings

In the general settings, you can do basic settings of your profile like a setting-up nickname, change your time zone and then enter your password to confirm changes.

You can also redeem the promo code if you have any.

Security

Click the “Security” menu to set-up the security of your account.

You can change your current password and also set the two-factor authentication for enhancing the security of your account.

hitbtc security

HitBTC API Keys

Thanks to HitBTC.com API’s, it is now known as one of the most user-friendly portals for the people who use trade bots.

Click the “API Keys” tabs, and then click “New API key” button.

Your HitBTC API Key will get automatically generated.

You can add multiple API keys here.

hitbtc api

Account Verification

You can upgrade your Verified status in advance by sending an email to compliance@hitbtc.com.

Your email must contain the following information:

Personal information such as name, surname, date, and country of birth.

Address details which should include, country, city, postal code, region (optional), street address.

Bank account information. It will cover bank name, IBAN/Account number, BIC/SWIFT code.

Other supporting documents such as identity proof, residence proof, and bank account ownership proof. All these documents should be color copies.

Make sure that your scans or photos meet the following requirements:

Documents must be valid from the date of issue.

Both sides of photos or scans must be uploaded.

The scanned images must be colored and of high resolution, minimum 200 dpi.

Supported formats are gif, pdf, jpg, and png.

The file size must not exceed 10mb.

Photos or scan must not be older than three months.

Issued documents must be in Latin alphabets or must contain Latin transliteration of main fields.

For Identity Document, you can choose any of the following:

National Passport (Double Page) or National ID card (both sides).

Driving Licence

International Passport

You can chosse any of the following document as your residence proof:

Bank Statement

Utility Bill

Council Tax or Tax return

Electricity Bill

For Bank Account Ownership proof, give any of the following details:

Original letter from your bank

Your bank account statement

Note that for giving your bank account proof, you are not allowed to give screenshots or the electronic documents. It should be paper-based and must be drafted on bank letterhead.

HitBTC Affiliate Program

The HitBTC.com affiliate program comprises of making rewards via your custom links. You can make up to 75% of reward from the trading fees of your friends who will use your referral links.

You can share your link on various social media platform.

hitbtc affiliate program

HitBTC XMR Trading Platform

To begin with, HitBTC.com trading mechanism, follow the given steps:-

Click the “Account” or “Deposit” Menu on the home page.

Search for the XMR in the search bar.

hitbtc xmr trading platform

Now, to begin with HitBTC deposit, click the “Deposit” Icon to credit your account with Monero. You can copy the wallet address, or scan the QR code. Use this code to deposit Monero.

hitbtc deposit qr code

If you want to withdraw Monero, then click the “Withdraw” tab.

Fill the amount you want to withdraw, wallet address and the Payment ID.

Then Click “Withdraw” button.

hitbtc withdraw xmr

HitBTC.com Reports

This section will comprise of the reports of your account summary, orders, trades and payment history.

You can generate a report on monthly, weekly, yesterday, or on a present day basis.

Let us assum you want the report of XMR trading. Click the “My Orders” tab and in market section, search for XMR. The details of XMR will get displayed.

HitBTC.com Customer Support Center

Click the “Support Center” menu at the bottom of the homepage.

The page will comprise of some frequently asked questions that users ask from the HitBTC.com team. If you are unable to find your answer, then scroll down the page and click the “Submit a new request” button.

Now, fill the following details:

Your Email Address

Subject of your query

Description of your request

Attach a file if any

Click the Submit Button.

HitBTC.com Monero Trading

The exchange fees for making a trade of XMR/BTC, XMR/ETH, and XMR/USDT is 0.1%, and the rebate amount is 0.01%. If you want to know about how to trade on HitBTC, then here’s a quite guide for you:

To begin with, Monero exchange, Go to the Exchange tab and search for XMR in the search bar.

You can trade XMR with only BTC, ETH and USDT. It is not available with ICO.

hitbtc trade xmr

Say you go with XMR/BTC. Now, go to the Buy or Sell XMR section. They will comprise of Market, Limit, and Scaled order section.

Let us say you go with Limit order section with XMR/BTC trading for buying XMR.

In the Limit Order section (Buy XMR), select the desired option from the drop-down menu. It will comprise of the following options:-

Good-Till-Cancelled

Immediate-Or-Cancel

Fill-Or-Kill

Day

Good-Till-Date/Time

Fill the total amount of XMR you want to buy in the “Amount” text bar.

Set the price.

The total amount of Monero you’ll get will be automatically calculated.

Click the “Buy Limit” button.

Follow the same steps if you want to sell XMR for BTC.

XMR/ETH

For making an exchange with “Market” order tab, let us go with XMR/ETH trade and want to Sell XMR for ETH.

Select the “Stop” option, if you want to set the stop price.

Fill the amount you want to sell.

hitbtc example xmr trade

Now, set the stop price in case you selected “Stop” option.

Click the “Sell Stop” button.

The approximate ETH amount that you will receive after selling will be shown above “Sell Stop” button.

Follow the same steps for buying XMR.

XMR/USDT

Click the USDT tab for making XMR/USDT trade.

Go to the “Buy XMR” section and click on “Scaled” tab.

There’s a settings icon. Click on it and select any choice you want to begin your trade with.

Now, set the XMR amount you want to buy.

Set the price step, minimum and maximum price.

The order count will get automatically calculated.

Click the “Buy Scaled” button.

Conclusion

HitBTC.com is a popular XMR exchange with unique features that make it compatible with trade/ exchange of FIAT and cryptocurrency. Some of the popular features of the website support for FIX protocol and capability of opening demo trading account. It allows you to test the trading features without damaging your wallet. Additionally, the HitBTC.com company does not accept FIAT currency transfers made by average traders.

PROs

  • The trading platform of HitBTC.com is user-friendly and easy to handle.
  • It provides support to a maximum number of altcoins available.
  • The commission structure is very competitive.
  • There are specific advanced tools for trading XMR.
  • Trading volume is very high.
  • There’s also HitBTC Android App for smartphones on play store.

CONs

  • So much information is required for HitBTC.com account verification.
  • Exchanging portal for Novice traders is difficult and also not support credit cards payment.
  • It was hacked back in 2016.
  • There’s not much information about the company.
  • It does not accept fiat currency transfers from many traders.
  • There are reports of negative HitBTC reviews.

Abucoins.com Exchange – Buy and Sell XMR Monero

abucoins.com exchange

Getting Started with Abucoins.com Exchange

Abucoins.com is an exchange for trading cryptocurrency through the medium of fiat-crypto or cryptocurrency-cryptocurrency trading. With offices in both London and Dubai, it was founded on the principles of putting the customer’s needs first. The exchange has a user-friendly, two-level interface, (basic and advanced) both of which are easy to navigate

The first impression a visitor gets about the Abucoins exchange review when you visit the website is how well-structured the home page is laid out. All the initial information a person might need to get started on the crypto-exchange is plainly visible on the first page. Unlike other similar trading platforms, the exchange provides an innovative interface with various tools for technical analysis, and it also features various pricing charts. Other important trading elements on the platform is that it includes a trading history window, market depth, and an order book.

The trading platform conveniently presents the information you will need about registering and logging in a simple way. The initial details about the type of trading you can take part in on the exchange are immediately and clearly visible.

abucoins getting started homepage

Abucoins Account Registration

With a user-friendly interface, the Abucoins Exchange Platform is easy to navigate. On the right upper corner on the website, there is a slider button that will enable you to switch from the basic to the advanced interface.

The registration process is not complicated. Once you are on the site, you will see the REGISTER/LOGIN button on the upper right corner of the homepage. Here are the steps to follow to register.

Click on the button marked “Register”

This will take you to the creating account page.

You will then see a field for your personal details i.e. Your valid email address and a unique password with the following:

abucoins create account

You will then repeat your password

And then you click on the Terms/Privacy checkbox

The final step in the registration process is to click the “I am not a robot” button

After completing the registration process and you are logged in, you will be required to verify your account.

A word of caution, however, is that if you are not able to get your Abucoins account verified, that would mean a country/state restriction e.g. residents of New York and Washington state in the US. Also, most Asian and African countries are under the same restriction. You can contact support by clicking on the chat button on the lower right corner to find out whether your specific location is restricted or not.

You can still avoid the restriction by using a VPN (Virtual Private Network). This will hide the source of your IP Address, and enable you to proceed with the verification process. Here is how the VERIFICATION page looks like.

abucoins trading platform

Abucoins.com Trading Platform

The Abucoins exchange trading platform accommodates various languages and a number of well-known cryptocurrencies. One of the altcoins available for trade now is XMR/BTC. But in the future, the exchange will host more than 30 trading pairs, and quite a number of fiat currencies like the USD, the EUR, and the PLN. This makes it easy for traders on the Abucoins API exchange to cash out their coins or use cash to buy cryptocurrencies.

Traders on the platform enjoy convenient payment methods because a number of fiat currencies are supported. In other words, you can easily use credit card payments or bank transfers to carry out your transactions on the exchange. Apart from Dotpay bank wire payments such as Mastercard and Visa are support on Abucoins exchange.

The trading platform is scalable, and you can use quite a number of other devices like tablets, smartphones to access your account. The use of Abucoins exchange is not limited to computers/PCs only.

Abucoins.com Verification

In the midsection of your account’s page, you will see the option requiring you to verify your account. Before taking part in any transactions after registering your account, you MUST have it verified.

The Abucoins exchange has a two-tier verification process. First, you will need to create your account on the exchange. Secondly, having created the account, you will be required to establish or set up a 2-factor authentication.

  1. You will need to verify your bank account
  2. You will also verify your identity

Abucoins verification

The steps include: Your name, your email, your city, road, house NO:, state, your postal code, phone number, country, date of birth, document – ID/PASSPORT, the expiry date of your document, your selfie plus the images for your identity – both front and back,

Once you provide all the above details, you will wait for your verification. Some exchanges can take several days, weeks or even months to complete the process, but in Abucoins exchange, it takes just a day or two to get your account verified.

After having your account verified, you can now take part in real trading by having your withdrawal limit increased. However, to take part in any trade, you will need to deal in real money. Payments are made in real cash. The currencies used on the exchange are as follows:

abucoins verify your account

Abucoins.com Monero XMR Trading Platform

  • To trade Monero, go to the User Panel (Indicated below with the right-pointing arrow. You will see the price, amount, and the completed, order, date and delete order.abucoins buy XMR
  • Next, you will see the transaction history. Here the session expires, but you can click the ok button to proceed.
  • Everything you do about your order has a corresponding price, amount, and date.abucoins trade xmrbtc
  • You will see charts that demonstrate your orders, the market depth, and your trading history.abucoins trade history
  • There are deposit limits for both the BTC/ETHabucoins deposit xmr
  • There is also a daily withdrawal limit which you can do by withdrawing Monero or exchanging your Monero to withdraw Bitcoin
  • And of course, there is the Maker fee which is 0.0%. Maker fee is charged, when your order is not completed immediately when it is in pending status and you are waiting for someone to buy it. If you set the price you need to wait for someone to sell it at the price that you have provided.
  • And the Taker fee which is 0.1% will be charged when the transaction proceeds immediately because it is the same as or above the price you have provided.

Abucoins.com Conclusion

PROs

  1. The user interface has options for both basic/advanced trading
  2. The exchange supports several fiat currencies such as the USD, EUR
  3. Accepts a number of payment options including wire transfers.
  4. The platform has advanced features
  5. It offers a wide selection of altcoins

CONs

  1. Like all platforms trading cryptocurrency, Abucoins exchange is not regulated.
  2. There is no cold storage for funds, so storage of client’s funds is not assured.
  3. Some trading pairs do not have enough volumes yet
  4. Offers only limited language versions, Polish and English
  5. Provides no margin trading

Binance.com Exchange – Buy and Sell Monero

binance-logo

Binance.com focuses on low trading fees and deals in crypto to crypto exchange. It doesn’t deal with fiat, so there aren’t any regulatory issues on it. The listing of Altcoins and initial coin offerings is impressive. It is a Hong Kong-based exchange website, and its servers are in South Korea.

Binance.com Registration & Login

Binance.com homepage

  • Open the website and click on the “Register” button for Binance exchange sign up. The registration form will open in new tab.
  • Now fill the information necessary to begin the registration process.
  • You are required to fill the following information:
    Binance.com Registration

    • Your email address, where verification will be sent.
    • Binance.com password.
    • Referral ID if any.
  • Then, click on “register” button.
  • A verification email will be sent to your E-mail ID.
  • Click on the “verify email”.
    Binance.com Account Activation
  • Now, click on “login” button.
  • For Binance exchange login procedure, fill the following information:-
    • Your email id
    • Password

Binance.com login page
When you press the login button, a pop-up window will appear, asking you to drag and drop the block in the empty space. This is an advanced version of Captcha and times you, informing you if you have defeated other people participating in a similar verification. It is to assure your successful login to your account.

Binance.com verification Captcha

Binance.com Dashboard

  • After login to your account, the Binance.com dashboard will open.
  • But before you get started with your trading, a pop-up window will appear, asking you for 2FA or SMS verification process. It is to secure your account, but you can skip this process also.
    Binance.com verification

Login Password

  • On the Dashboard, there’s an option to change your existing login password. Just click on “change” button.
  • Now, fill your “old password, new password and confirm password” details to change your current Binance.com password.

Two-Factors Authentication

  • In the 2FA procedure, there’s an option of SMS authentication. It is used for security and withdrawals modification.
  • Click the enable button to open SMS authentication page.
  • Now, fill your phone number. An SMS will be sent to you containing SMS authentication code.
  • Now, click the submit button.

binance.com 2FA authentication

Google Authenticator

  • It is also used for security and withdrawals modifications.
  • Click the “enable” button to open Google Authenticator page.
  • For enabling this service, follow the following steps:-
    • Download the mobile application for your Android or iOS device.
    • Now, scan the QR-code from your app. It is a 16-digit key.
    • Enable the 2FA by clicking the Yellow button in the 3rd
  • After clicking the button, a new pop-up window will appear, asking you to “Enable 2FA.” But first, enter the 2FA code from the mobile application.

API

  • By creating an API private key, you will get an easy access to the market and a real-time trading service on Binance.com via mobile application or 3rd party website.
  • Click on API Setting.
  • Now to get started with API, enter the API key label to create a new key.

Binance.com Account Verification

For submitting Binance.com verification documents you need to enable the SMS Authenticadtion or through Google Authenticator.

Binance.com Language Support

binance.com language support

The website supports multiple languages such as Chinese, Spanish, English, Korean, French, Japanese and Russian. It enables them to stand in the international market.

  • Click on the Flag Menu in the top right corner of the website and select your preferred language.
  • The website will get converted to your preferred language type.

Binance.com Labs

binance labs application

Binance labs is a startup company that helps other startups to settle down in the business world. It is also a blockchain technology incubator and mainly focuses on pre-ICO(Initial Coin Offering) teams and projects. For applying the Binance Labs application form, follow the given steps:-

  • Click on “Labs” menu in the top middle of the website.
  • A new window will open. Then press the “Apply” button.
  • A forum will appear which contains the details that you need to fill. Following are the number of fields that you have to fill to apply for placement in Binance.com Labs:-
    • Email Address
    • LinkedIn or other professional profile
    • Permanent link to your white paper
    • URL of the Official Website
  • There are few questions that you need to answer as given below:-
    • How you measure the success or failure of your every milestone?
    • The amount of fund your need to attain every milestone?
    • Your Target Valuation?
    • Where’s your team based, and your legal incorporation?
    • Additional information that you want to share?
  • After filling all the details, click the submit button. You can also request a copy of your responses.

Binance.com Launchpad

  • After registering your account, click the “launchpad” menu, and the following window will appear in the new tab.
  • Now, select the LaunchPad project in which you want to participate.
  • Get into the purchase page, and you will see the UPCOMING or SUCCESS.
  • Press the “Buy Now” button if it appears to be yellow. If there’s a “success” written over the project, then you can’t buy it.

Binance.com Customer Service

  • For running the exchange successfully, it is necessary to have a proper customer support team. The Binance customer service is capable of answering every query promptly.
  • Click on the “support” button, and a new tab will open.
  • If you click the Announcement tab, it will take you to the “Latest News” and “New Listings” page.
  • The “FAQ” tab contains the answers to the questions that users ask the customer support team.
  • There’s also a “submit request” on the top of the screen, where you can submit your query. Follow the given steps to submit your request:-
    • Click the “Submit Request” button.
    • Now, select the issue from the drop-down menu.
    • For example -In case you select the “Help with Deposits” option. Then fill the following fields:-
      • Subject
      • Description of the query
      • Your Finance account email
      • Select the issue type from the drop-down menu
      • Enter the coin name
      • Your Transaction ID, and address
      • Tag/Memo/Transaction Payment ID
      • Attachments of the files
    • Now, click the submit button.
    • Likewise, you need to fill the form whenever you have a query regarding any issue.

Binance.com Funding

how to fund binance.com account

  • Go to the “funds” tab and click “Deposits & Withdrawals.”
  • Now, search for the coin XMR (Monero) and click.
  • Click the “deposit” button. A message will appear stating why it is necessary to have a withdrawal address for depositing XMR.
    binance.com xmr deposit
  • Click “I understand. Continue” button.
  • Two different address will appear, showing “XMR deposit address” & XMR “deposits.” You can only send Monero currency to these addresses. If you attempt to send another currency to these address, it will result in loss of your Binance.com deposits. Copy or scan the QR code to make the XMR deposit.
  • If you click the withdrawal tab, it will ask for SMS or Google Auth. If you haven’t done it, it is strongly recommended that you verify yourself using any of these two methods.
  • When you click “Trade” button, two options will appear, XMR/BTC and XMR/ETH.
    binance.com xmr trade options

When you select any of the options, it will take you to the trading page. Let us say you select XMR/BTC, it will open the following page:-The “History” tab will comprise of your withdrawal and deposit history.

  • You can even export your complete deposit or withdrawal history if you like.

Binance.com Order

  • Go to “Order” tab and click on “Open Orders” button.
  • The list of your open orders will get displayed if you have any.
  • The “order history” section will display the details of all the orders you have made.
  • Trade history will display the withdrawals and deposit history.

Binance.com Trading

how to trade on binance.com

  • Click the “Exchange” tab and select the “Basic” menu. The following screen will appear:-
  • Don’t worry about the graph and numbers displaying. They may seem to be overwhelming, but you can ignore them.
  • The XMR will always appear in a pair such as XMR/BTC, XMR/ETH.

Searching XMR coin

  • Search for the XMR coin in the search bar on the right side of the screen.
  • Select the ETH tab for opening XMR/ETH data.

Buying XMR Coin

  • Select the Market tab.
  • Now, set the amount accordingly. It can be some coins or the percentage of your ETH wallet.
  • Click “Buy XMR.” Now you know how to buy XMR using ETH.

Selling XMR to BTC

  • Click the BTC menu next to ETH menu.
  • Search for XMR in the search bar as shown in above figure.
  • Click on XMR/BTC pairing.
  • Now, go to “market” tab.
  • Enter the amount of XMR or XMR balance percentage you want to sell.
  • Click on “Sell XMR.”

buying xmr selling xmr binance.com

Limit Order

Limiting XMR trades binance.com

  • Search for the XMR in the Search bar as described in the above sections.
  • Select the XMR/ETH pairing.
  • Now, click the “Limit” order section.
  • Now enter the amount you want to sell or buy.The price being displayed is the limit put on the amount of XMR you want to sell or buy.
  • The total cost will be automatically calculated.
  • Click the “Buy XMR” or “Sell XMR” button to make your trade.
  • Same is with making Limit Order trade with XMR/BTC.

Stop-Limit

  • Select the “Stop-Limit” section, next to the “Market” section.
  • Let us say that you are going with XMR/BTC pairing.
  • Now, put the stop value of your ETH balance in “Buy XMR” section. Or, put the stop value of ETH value in the Sell XMR section if you want to sell your Monero.
  • Set the limit of the ETH.
  • Now, fill the total amount of Monero you want to sell or buy, in their perspective sections.
  • Press the “Buy XMR” or “Sell XMR” button according to your selections.

Binance Coin Exchange Advance Menu

ethxmr trading

  • Go to the Exchange menu and click “advance” tab.
  • A dark colored screen will open displaying graph and numbers in systematic order.
  • You can select the XMR/ETH or XMR/BTC by going to the drop-down menu, next to the “Account” option.
  • Search for the XMR and then select the XMR/BTC option.
  • The Limit, Market, & Stop-Limit sections function same just like the “Basic” section works.
  • The trading fees of Binance.com crypto exchange is 0.1%.
  • Withdrawal fees of Monero is 0.04.
  • Let us say you want to make Monero trade using BTC.
  • Then, choose the “Limit” order section, and fill all the necessary details.
  • Click the “Buy XMR” or “Sell XMR” button to make your trade.

Conclusion

The Binance Exchange is known for its fast processing speed, and its myriad of coins and low trading fees is unmatchable. It is capable of processing over 1.4 million transactions/second. In the blockchain community, Binance.com coin exchange is viral these days. The other cool thing about this company is the financial support it provides to other start-up companies, although it is in cryptocurrency.

Pros

  • There’s a Binance android app to run the exchange on smartphones. It is also compatible with iOS.
  • The site supports multiple languages.
  • It also offers BNB tokens to reduce your trading fees
  • Significant amount of transactions( over 1.4 million) get processed each second
  • Provides two modes of exchange views: Basic and Advanced
  • There are low Binance fees for withdrawals and purchases.

Cons

  • Right now, two-factor authentication is only supported by Chinese phone numbers
  • It does not support Fiat money transfers
  • The company is Chinese based, so there’s no guarantee that how Chinese Government regulatory actions can impact the exchange
  • Few issues have been reported in the Android version of application
  • Reports of withdrawing delays for specific coins from Binance

Best Monero CPU Mining Cards 2018 – Top 5 CPU Mining Cards

XMR Mining CPU

With a steady rise of new coins entering the market each day, mining profitability has been a huge topic all around. From Bitcoin, the current crypto giant, to other altcoins such as Monero, Iota and Cardano, a major thing to consider when it comes to mining is the systems they run on; Proof-Of-Work (POW), Proof-Of-Stake (POS) and Tangle are all systems that continually push the cryptocurrency world to new exciting territories. That is not to say that they don’t come with pros and cons though. One will have to be heavily invested in mining gear if he was to mine Bitcoin for instance, which runs on a Proof-Of-Work system. That means the block reward is distributed to those with the greater hashing contribution to a great extent, thus making it pretty hard to make a profit with a standard CPU/GPU mining rig. But what if one was to mine altcoins instead with a pretty basic setup?

This is where mining becomes rather interesting. With Monero (XMR) having been Minergate’s first choice when it comes to mining profitability, more and more coins can be mined using a budget mining rig and actually prove to be profitable. But what would it take to build a mining rig on a budget? Apart from GPUs, which are now the main source of hashing power, we shouldn’t let aside the fact that we can also use a good CPU setup to our advantage as well, enhancing our total mining performance as a whole. So what makes a CPU good for mining purposes?

Taking a look at Monero Benchmarks (http://monerobenchmarks.info/), the Intel XEON series provides for an excellent base to run a mining setup. Both the E7-8867L and the E5-2665 prove to be quite powerful, while also considering the E7-8890’s 1483 h/s hashing power and 165 W power consumption when running on an Ubuntu 16.10 operating system. But let’s take a closer look at some of these models.

Top 5 Best Monero Mining CPU Hardware

  1. INTEL XEON CPU E7-8880 V3

    xmr mining intel xeon processor e7 8800 v3

    Processor Base Frequency: 2.30 GHz

    Total Hashing Power: 1500 H/S

    Total Power Consumption: 150W

    With an excellent energy efficiency of 150 W, the Xeon E7-8880 provides for a perfect solution, reaching a total of 1500 h/s. Though quite expensive, combined with a GPU set (see the respective article), mining Monero on a rig like this can be one of the best setups to build upon.

  2. INTEL XEON E7-8867L

    xmr mining intel xeon e7 8877L

    Processor Base Frequency: 2.13 GHz

    Total Hashing Power: 310 H/S

    Total Power Consumption: 105W

    With an additional option to even run a multiple CPU setup, the Xeon E7-8867L is also another piece of gear to consider. For a relatively low price, a single 8867L can reach 310 h/s and combined with a Vega GPU, it can make for some interesting results.

  3. INTEL CORE i7-6700HQ

    xmr mining Intel-Core-i7-6700HQ-6th-Generation

    Processor Base Frequency: 2.60 GHz

    Total Hashing Power: 96 H/S

    Total Power Consumption: 45W

    Running on 4 cores with a base processor frequency of 2.60 GHz, the i7-6700HQ can reach 96 h/s, making it one of the best choices right now when mining on a budget. Along with the i7-4700HQ, which comes at 130 h/s, these two are definitely worth checking out.

  4. INTEL XEON E5-2665

    xmr mining intel_xeon_processor__5_2

    Processor Base Frequency: 2.40 GHz

    Total Hashing Power: 416 H/S

    Total Power Consumption: 115W

    Though a bit on the pricey side, the E5-2665 is quite a piece of gear to be left out of any mining gear list. Its 416 h/s hashing power makes it one of the best models available as it can pay off rather fast. With a total of 12 threads and a 115 W power consumption, it is one of the most energy-efficient CPUs out there.

  5. INTEL CORE i7-7700K
    xmr mining intel core i7 7700k

    Processor Base Frequency: 4.20 GHz

    Total Hashing Power: 360 H/S

    Total Power Consumption: 91W

    The i7-7700K can be your safest choice when it comes to mining on a budget. Combined with a 1080Ti GPU, the results can be quite outstanding, as Monero (XMR) is mined smoothly on a rig like this. With the i7-7700K priced in the affordable CPU range, it provides for an excellent setup, with the CPU alone reaching 360 H/S when overclocked.

Conclusion

Choosing a steady and reliable mining rig, whether built on a dedicated computer or one designed to mine on the side, a good CPU-GPU balance can prove to be of great importance for to produce some decent results. With the world of cryptocurrency mining growing all the more each day, it is an exciting time indeed to be involved; the fact that a lot of new coins move towards more basic mining structures provides for a great time for one to get started. CPUs that can be used for that manner can range in terms of pricing, such as the excellent INTEL CORE i7-7700K (which is actually our safest choice when being on a budget), to the more advanced INTEL XEON CPU E7-8880 V3, which is capable of producing some outstanding results. Happy mining!

EXMO Exchange – Buy and Sell Monero

exmo exchange logo

EXMO is an exchange platform comprising of enthusiastic and committed professionals team, which are assembled from all over the world. The financial advisors are from Singapore, USA and Lithuania and their programmers are from Thailand, Spain, India, and Russia. Their primary goal is to create a convenient and secure cryptocurrency trading platform in the whole world. EXMO exchange supports the Monero, Dash, Bitcoin, Dogecoin, Ruble, Dollar, Litecoin, Ethereum and Euro wallets. The supported coins are Dash, Dogecoin, Bitcoin, Ethereum, and Litecoin.

EXMO Registration

The section will provide an overview of regarding registration process of EXMO account on EXMO.com:

Registration & Login Process

  • Open a new tab and type EXMO.com. Press the enter key, and the homepage will open.
    EXMO Sign up page
  • You can type your email address in the text field with sign-up button, or you can click on the Sign-up button on the top right corner of the website. When you go down to the website, there’s a “Register an account” button to create your free account on the site.
    EXMO Register Account
  • The registration page will open where you will enter your email, username, password and confirm password details.
  • There should be more than five Latin characters in the login section, and the password length should comprise of at least seven Latin characters.
    EXMO Registration Form
  • After Entering the Register button, you will receive the account activation mail in your email-id.
  • When you click the link, your account will get activated, and the message will appear as given below:
    EXMO Account Activation
  • Press the login button to redirect yourself to a login page. After that, the dashboard will open displaying the trading interface of the EXMO bitcoin. If you will log out and try to log in again, the email text field will show “check your email” message in-case you insert wrong email address, or it is empty. You don’t have to fill username in it. Instead, you will fill your email address on which it has been registered.
  • After login in, the dashboard will appear displaying Buy & Sell, Exchange, and Finance menu items.

EXMO Congratulations

EXMO Account Verification

EXMO Authorization

For managing the transactions, especially when you have to make bank deposits, EXMO verification is necessary. The following steps will provide you with the detailed information about how to verify your account:-

  • Go to your user-name menu and click on “Account Verification.”
  • After that, the following form will appear, and you have to fill the following fields:-
    • First Name
    • Last Name
    • Date of Birth
    • Document Series and Number
    • ID Document Expiration Date
    • Color Scan Copy of the Documents

    EXMO verification

    The following list shows the documents requirements that are mandatory for verifying your account on the EXMO:-

    • The duplicates or scanned copies of your documents must be of high quality. Details must be clearly visible for verification.
    • You have to submit colored scan copies, and it must be in the uniform background.
    • All four angles of the documents should be visible. Cropping is not allowed.
    • There must be no irrelevant article or object on the document, which doesn’t have a place with the first. For instance, cuts, fingers, and so forth.
    • Altered or graphically altered reports and the records containing examining/photographic impacts such as blurring and flashlights are not acknowledged.
    • Image format accepted are png, jpg, and size ranging from 500kb to 5mb.

    EXMO Document Requirements

    EXMO Private Messages

    • Click on the “private messages” tab to open your message section.
    • Your messages will be displayed in this section.

    EXMO Referral ProgramEXMO Referral Program

    The reason why users prefer to do their business on EXMO is that of its affiliate referral program. If you introduce your friends to EXMO, you can earn 25% commission, generated by their EXMO transactions. Just follow the following steps:-

    • Click on “Referral Program” tab.
    • Copy your referral code and share it with friends.

    EXMO pays 25% commission when your friend will register on EXMO website with your referral code and make exchange transactions.

    In case you want to add the EXMO bitcoin banner on your website, copy the banner code and add in the code of your site.

    EXMO Cashback

    EXMO Cash back

    Cashback is the part of the commission refund which is paid for the exchange. You will be paid back a small part of the commission generated by the exchanges. It will rely upon a volume of operations conferred as per the exhibited table. Cashback is aggregated through the span of a month and deposited in your account on the first day of the following month. Accumulations for all exchanges will be done in BTC. Operations in different cryptocurrencies or standard currencies will automatically change to BTC.

    EXMO Exchange

    EXMO is among the top ten digital currency trade that enables clients to exchange crypto coins and various fiat monetary forms, for example, the USD (U.S. dollar) and EUR (euros):

    • If you’re XMR cryptocurrency user, you may wish to begin by trading fiat currency with primary currency, for example, bitcoin.
    • It’s conceivable to perform EXMO deposits and withdrawals on exchange portal, store your XMR crypto coins in EXMO’s improved secure wallet, or execute exchanges and arbitrage openings on the brought together EXMO exchange mode stage.

    When performing the exchange of your Monero coins, follow the given steps:-

    • Click the “Exchange” tab.
    • Select the XMR (Monero) that you will be giving.
    • Then select the currency with which you want to exchange your XMR coin with.
    • Press the exchange button.

    Your available balance and the balance after exchange will get displayed on every exchange you are going to make. The exchange history is also given.

     

    EXMO Monero (XMR) Withdrawals & Deposits

    XMR or Monero addresses comprises of 95 characters string, which starts with number 4. Ensure that a four must lead the address you expect to send your XMR tokens to or else, the exchange will fail. A PaymentID is necessary to connect your exchange with your record along with Monero. PaymentID is 64 characters in length and ought to go with trades.

    If you want to perform XMR deposit, follow the given steps:-

    • Click the “Finance” tab.
    • Go down the screen and click the Deposit button given in front of XMR option.
    • Generate the Monero address by pressing “Create Address” button.
    • The minimum deposit amount is 0.1 XMR.
    • Your Monero Address will get generated, which you can copy and use for refilling your account.

    For making Monero withdrawal, follow the given steps:-

    • Click the “Finance” tab.
    • Click the withdraw button in front of XMR option.
    • Fill the withdrawal amount, and the amount that you’ll get is displayed below that.
    • Insert the wallet address that you generated.
    • Click the “withdraw” button.

    XMR Buy / XMR Sell / XMR Trading

    EXMO exchange is one of the trusted cryptocurrency exchange portals. You can buy and sell XMR (Monero) with either BTC (Bitcoin), EURO (EUR) or US Dollars (USD). EXMO clients often comment on how rapidly exchanges are executed. Clients somewhere else tend to grumble about abating affirms as the quantity of blockchain exchange has expanded.

    XMR/USD

    You can change the week trading to day, month, or year trading comparison also. To make the XMR/USD trade, follow the given steps:-

    • Click on the XMR menu as shown in the above figure and then select XMR/USD option.
    • Now, select the limit order section if you want to make limit order trade.
    • In case you want to buy Monero, then fill the total amount you want to purchase. The price will be automatically calculated.
    • Also, the total commission amount will be displayed that will go to the EXMO exchange.
    • If you desire to sell the XMR, then fill the total amount you want to sell in “Sell, XMR” section. The commission will get calculated, and you can sell your Monero.

    For making instant order trade, follow the given steps:-

    • Select the “instant order tab.”
    • Fill the amount you want to buy.
    • Its total cost will be displayed.
    • Then press the “Buy XMR” button.
    • In case you want to sell your Monero; then fill the amount in “Sell, XMR” section.
    • Then press the “Sell XMR” button.

    XMR/EUR

    You can change the week trading to year, day, or month trading comparison also. To make the XMR/EUR trade, follow the given steps:-

    • Click on the XMR menu as shown in the above figure and then select XMR/EUR option.
    • Now, select the limit order section if you want to make limit order trade.
    • In case you want to buy Monero, then fill the total amount you want to purchase. The price will be automatically calculated.
    • Also, the total commission amount will be displayed that will go to the EXMO exchange.
    • If you desire to sell the XMR, then fill the total amount you want to sell in “Sell, XMR” section. The commission will get calculated, and you can sell your Monero.

    For making instant order trade, follow the given steps:-

    • Select the “instant order tab.”
    • Fill the amount you want to buy.
    • Its total cost will be displayed.
    • Then press the “Buy XMR” button.
    • In case you want to sell your Monero; then fill the amount in “Sell, XMR” section.
    • Then press the “Sell XMR” button.

      XMR/BTC

      In the limit order section, there’s a limit for buying and selling of XMR. You need to define the amount and price of the Monero for buying or selling of XMR. The commission of EXMO exchange will automatically be deducted from the balance.

      The instant order section is divided into four quadrants, two is for “Buy, XMR,” and 2 is for “Sell, XMR” section.

    EXMO Customer Support

    If you can have doubts regarding the exchange or other information, then you can get the help of EXMO support team. There are also few frequently asked questions-answers, which can resolve your doubt in few moments. If you are still not satisfied with the answer, then you can proceed with “online chat” or “create a ticket” option.

    When you click on “online chat” button, the following page will open, where can chat and ask questions from EXMO officials sitting over another end.

    In case you decide to generate the ticket, then click on “create a ticket” option and you will be directed to the forum page. Here, you must fill your email address, login, subject, and then in a description, fill your query or request. You can also attach attachments, and then click on submit button.

    Conclusion

    It is a user-friendly exchange platform with a simple user interface, and it is also light-weighted, which means it runs smoothly on every device. EXMO allows an exchange of multiple cryptocurrencies with multiple payment methods. For trading of Monero currency, you need to create a Monero address for deposit and withdrawal processes. The limited and instant exchanging are sufficiently basic for tenderfoots while there are various cryptos offered. Business clients won’t be happy with limited exchanging as EXMO’s functionalities are not too complicated.

    PROs

    • EXMO Monero service is available globally.
    • The website supports the multiple crypto coins, payment methods, and fiat currencies.
    • It also has IP approval function.
    • The website user interface is customer friendly and easily understandable.

    CONs

    • High Fees.
    • Not mobile device friendly.
    • It requires scanned IP for cards and bank transfers.
    • Margin trading too simplified.

Bittrex Exchange – Buy and Sell Monero

bittrex logo

At some point in every cryptocurrency trader’s career, they realize that the coin selection on the exchange they put their fiat into (ahem, Coinbase) leaves a bit to be desired.  Would-be Monero traders are no exception.  In the time that it took for this humble reviewer to get everything together to buy his first unknown amount of Monero, the price had nearly doubled.

The first exchange I used to purchase Monero was an exchange called Bittrex.  Bittrex was founded in 2014 by Bill Shihara, Richie Lai, and Rami Kawach, all former security professionals from Amazon or Microsoft.  Shihara and Lai ran GiftcardBTC prior to starting Bittrex.  Bittrex grew quickly, and as of the end of 2017, it has become one of the largest American exchanges, with nearly 200 individual coins listed.

Bittrex’s user interface is very easy on the eyes.  Viewing the various pairings on the exchange is simple, and the exchange automatically moves the pairings with the greatest trading volume and pairings with the greatest percent change to the front page, so there’s always a pump and dump for you to lose your hard-won crypto on!  The scrolling bar at the top shows the top winners out of all of the coin pairings, as well, so if choosing a random pump off the front page just wasn’t a risky enough investment (I get it.  Really, I do.  If cryptocurrency didn’t exist I’d probably just play blackjack margin trade silver futures), you can always choose the biggest daily pump.

Bittrex Example Trade Price

I’ve never heard of UnbreakableCoin, and Verge is a dogecoin fork, but this almost makes me want to buy some of both.  A dangerous scrollbar, to be sure.

Bittrex is unfortunately only available in English.  It has a very user-friendly mobile browser interface.  It loads quickly and has no issues fitting the screen of an Android.  I find that I prefer making trades on my mobile device to making trades on my PC, but either interface is easy enough to use without issue.  It is, however, worth noting that I sometimes have issues withdrawing from a mobile device.  On the mobile version of the exchange, the bar to insert your Google Authenticator code doesn’t always appear correctly.  Switching to the desktop version of the site fixes this issue.

Getting Started

Bittrex is, as of writing (12/24/17), not accepting new users until after a pending database upgrade.  This decision was made because of the influx of new users that have been seen on nearly all of the exchanges in the last two months.  While this is far from a popular decision, it’s welcoming to see an exchange attempt to deal with problems before they arise.  Only time will tell if the new database can help prevent the DDoS attacks that seem to plague other exchanges.  Bittrex seems to have very little downtime as is, though, so it is at the moment, not an issue.

Monero Account Verification

Despite this, when Bittrex is processing new users, their registration/verification process is one of the fastest I’ve seen on any exchange.  It took around 15 minutes from submitting pictures of my documents (ID and a selfie) for my account tier to be upgraded to “Enhanced” and my daily withdrawal limit increased to 100 BTC.  Interestingly, the “Basic” verification, requiring only a few lines of personal information, failed to verify entirely.  This seems to be a common experience on Bittrex, but the enhanced verification bypasses the basic verification entirely and is so quick-to-use that it shouldn’t make a difference.

Bittrex has an automatic IP address verifying feature that requires you to verify your Bittrex login from the email address you have linked to your account, which is a nice touch.  Also available is two-factor authentication through Google Authenticator.  Google Authenticator is a much more secure answer to the SMS two-factor authentication used by many exchanges.  For this reason, it’s becoming more and more common.  One minor annoyance is that Bittrex requires you to input your Google Authenticator code prior to checking your IP address, meaning that if your IP address needs to be verified, you’ll have to log in and put in an Authenticator code a second time.  This is, nonetheless, a minor gripe.  More security is rarely a bad thing, especially when it comes to managing your Bittrex Monero wallet.

Monero Trading

Bittrex has several different trading pairs for Monero.  You can buy Monero with Bitcoin, Ethereum or USD Tether.  With tx fees on the Bitcoin network being as high as they are, you’ll probably want to use either Tether or Ethereum.  As someone who avoids Tether like the plague (A story for another day), that leaves Ethereum.  Ethereum’s lower tx fees and faster tx times make it the obvious choice for purchasing Monero with as few fees as possible.  Bittrex’s fees are 0.25% on all trades.  Bittrex does not allow trading in fiat, meaning you’ll have to put coins from other sources onto the exchange to be able to trade.

Bittrex Order Book

The order book is nice and tidy, and you can copy the price of a bid into your own order simply by clicking on the price.  If the bid price is changing faster than you can type your order, though, you might be better off waiting for the panic to end.

Monero Withdrawal

Bittrex Monero deposits are simple.  You’ll pay a standard Monero tx fee to the network for deposits.  The Monero will post to your Bittrex Monero wallet as soon as its received.

Monero Withdrawal Form

Oh, my.  I get the feeling that that withdrawal price is a holdover from the times of a sub-$30 Monero price.

Withdrawals are where things start to get hairy.  As per the image of Bittrex’s Monero Payment ID screen above, Bittrex Monero withdrawal fees are sitting at 0.04 XMR at present.  At Bittrex’s own Monero price, that comes out to USD value of about $13.50 for withdrawals of any size.  This is extremely unfortunate.  Bittrex seems to be managing everything else regarding the exchange of Monero very well – why are the withdrawal fees an exception?  For reference, Cardano withdrawal fees are currently sitting at 0.2 ADA.  That comes to a USD value of under 9 cents.  Privacy isn’t free, but this is ridiculous.

Conclusion

PROs:

  • 0.25% Transaction fees makes trading on Bittrex an attractive choice
  • Ethereum/Monero trading pairs. The price of Ethereum is typically more stable, and has lower tax fees/times compared to Bitcoin, making it a far better choice for trading pairs
  • The some of the fastest verification times I’ve seen on any exchange
  • Easy to understand user interface

CONs:

  • 0.04 XMR withdrawal fees are absolutely insane
  • Not currently accepting new users
  • Has USD Tether pairings, as opposed to fiat pairings (If you’re engaging in arbitration, this is probably a positive)
  • If you cancel an order that is partially filled, or have a large order filled by multiple people, you can sometimes end up paying a small bit more than the 0.25% transaction fee.

Crypto-Games Monero Accepting Casino Review

crypto-games.net logo

If you’re looking for Monero gambling sites, then Crypto-games is just the thing for you. Monero betting on Crypto-games is easy but before anything else, ensure you have a Monero coin wallet, because most of you only have Bitcoin wallets.

Launched in May 2014  by IT programmers and Systems Engineers who are cryptocurrency enthusiasts, it originally started with slot machine games in DogecoinMachine.net that exclusively used Dogecoin. After a few months, they added more popular currencies so they changed to Crypto-Games.net. Monero is one of those currencies that they added, and now at over $5B, the Monero coin cap seems to be a good decision to have added it to their portfolio. Crypto-games accepts Monero easily. It is one of the many cryptocurrency online casinos that focuses on coins. Soon, they begin to offer other games as well, and in May of this year just added Plinko to the roster.

It is easy to navigate around the casino because of its straightforward design. When you click on Play Now, it takes you to your dashboard. But if you are wondering how to sign up, you can read below on how to get you started because this is where a bit of complication starts. We suggest you read the FAQs and Terms of Service before starting because that would make all the difference. The site is in English only but the Chat Service has an International section if you do not speak English.

On the other hand, you will be happy to know that Crypto-games’ Monero android works fine without any lag at all. It is best that if you go mobile, a bigger screen will help in the experience.

crypto games mobile home page

If you’re using a small screen phone, you will have a difficult time tapping on the buttons. We had to zoom in on the Chat Box to tap it correctly.

crypto games small playing screen for the mobile device

It  is important to note as well before getting excited, to ensure you are not in any of the restricted countries: Belgium, Curacao, Denmark, Estonia, France, Hongkong, Israel, Italy, Romania, Spain, Turkey, United States, United States, Territories, United Kingdom, Australia, and/or restricted by law countries. In addition, if you know that your country prohibits online gambling but is not listed here and got caught, the casino is not liable for you. So exercise caution before proceeding.

As for privacy, Crypto-games collects your IP date to prevent multiple account holding. However, don’t expect a Monero anonymity type, because you will later find out that you will need to provide an email address to keep your account secure. As per their Terms of Service, they do not share this info with 3rd party services.

Finally, as far as their terms and services in their website shows, they are not regulated by any country gambling commission like what you read on regular casinos. Some of them either have licenses in Curacao, UK, Belgium and the like. When playing, the agreement is between you and Crypto-games. This is not to say that they are not a legal online gambling site. They make up for this by using systems that provide transparency such as the Provably Fair system, which you will find out as you read through our review.

How to Get Started

If you are thinking of gambling with your Monero, then Crypto-Games.net is one that you can consider.

Play now crypto games

When you click on the Play Now button, it will take you to a dashboard.

crypto games dashboard

When you try to click on log in thinking this is where you create your account, you’d be surprised to know that this isn’t it.

So we went to Settings to figure things out. Under the Account Tab, is an address.

crypto games account settings

On the next tab is the Security Tab. This is the part where you can key in an email address and password. We later found out on the FAQs page, that an email address is more of a preference rather than a requirement. However, it is a security feature, one which you should not ignore.

crypto games security settings

We finally received an email.

What happened here is that if you are used to creating an account on gambling sites, you will be at a lost on where to start in Crypto-games.net. So, after much tinkering, we were able to figure things out while reading their FAQs. Not sure with the rest, but we only read the FAQs when we encounter problems, not before creating accounts.

How to Deposit and Withdraw Monero

To start playing, you need to Deposit your Monero coin under Your Account Tab on the upper right, drop down to Deposit. It is simple enough.

crypto games deposit menu

The first thing you will see is a Terms and Conditions page. All you need to do is click on I Agree once you have read through all of it. You might be tempted to skip on reading but we suggest you don’t and start reading. Gambling is a risk and a Monero casino is no different. Not knowing what you signed up for is more risk you can’t afford, to be honest.

crypto games terms and conditions

Once you understood the T&Cs and clicked on “I Agree”, it will show you your ID and Deposit Address. The minimum deposit is 0.01 Monero/XMR. It will also show you information on minimum deposit along with the warning that the Payment ID changes every hour. If you have not deposited by then, you will need to check on the ID once again to get your most recent one.

crypto games monero payment id

The next tab will show you your Payment History. The remaining tabs tell you about Monero and how to get them and Deposit addresses of different coins.

On the other hand, the Withdraw Page is located in the same place as the Deposit section.  The minimum Withdrawal is 0.12100000 XMR and transaction speed will depend on how much you are willing to pay the Withdrawal Fee. You will need to toggle on the Withdrawal Fee to do this. Key in the amount you want to withdraw, paste your Payment ID and your chosen Monero wallet and toggle on the Withdrawal Fee to find out the final amount you can withdraw when fees are already deducted. Then click on Payout. It will take two network confirmations to clear for payout.

crypto games withdrawal section

To track your Withdrawals, just go to the History Tab.

crypto games history tab

Mind you, you can buy Monero directly from trusted exchanges. However, you can also convert your Bitcoins to Monero using a conversion service. Crypto-games has a conversion service under the Exchange drop-down where Deposit and Withdrawal are also located, on the upper right portion.

The minimum withdrawal is 0.002 BTC or altcoin equivalent and it needs 2 network confirmations to do so. Should you decide to use their conversion service, you will need to provide an email under Security in the Settings page. Use the drop-down to find the coins you want to convert. Aside from Monero, you can use Bitcoin, Dash, Ethereum, Dogecoin, Gridcoin, Litecoin, Peercoin and Stratis. Coins have different minimum deposits and withdrawals.

crypto games conversion section

Before converting, check the conversion rates under the Exchange Rates tab. You can also use other Exchanges, with this you are not locked down or required to use their service and you can compare rates with other Exchanges. Check the Monero price on big exchanges to be sure. Rates are automatically refreshed.

The Casino Experience

Moving on, below is how your dashboard will look like. To bet Monero, click on “Change Game” on the upper left side. On it, you will see the different games and a drop down for each. Click on the arrow to see the different coins you can gamble with. Click on Monero.

selecting monero crypto games

You can play all the games with your Monero, except Lotto. Other games are Slots, Dice, Blackjack, Roulette, Video Poker and Plinko.

When you scroll below, you will see a stats-like chart that shows all players, all bets, the coins they are betting with, payouts, targets, roll, and profit. These are all moving because the chart shows real-time gambling, hence, the timestamps as well.

crypto games list

Just move on to the next tab labeled “Your Bets”, to keep track of your bets. The dashboard above shows the Dice game. We wanted to try Slots (our favorite!), to see how it looks like.

crypto games slots

Crypto-games uses the Provably Fair system for users to check the validity of results. If you are new to gambling and coin gambling, you will need to learn this first as part of mitigating risks, so to speak. It just means you should know how things work especially on how winnings and losses are determined. But that should always be the case whether you are gambling coins or regular fiat.

The Provably Fair system is a technology that aims for transparency on how wins and losses came to. It uses a cryptographic algorithm using a hash. The details for each game differs but in essence it is all the same. To explain:

  • Seed numbers are created by the casino, in this case, Crypto-games
  • This is then hashed and sent to the player
  • Player also creates seed
  • Betting ensues, result is determined, win or lose
  • At the end, player receives the seed used in the bet. Player can use this seed to verify using a SHA512 generator. The link to the generator is also in the Provably Fair tab for easy access.

Here is an example of what the Provably Fair tab looks like.

crypto games provably fair

On the other hand, Crypto-games also has the usual House Edge. Depending on the game you want to play, each game has a different House Edge, which determines a percentage that a casino would expect to retain on an average hand and play. You can check this out on the FAQs page.

Each game and player has their own possibilities. The percentages will change depending on skills and luck. While there is a House Edge, there is also the Payback Percentage. Slots players have a percentage of 49.73% chance of winning.

The User Benefits

Some of you are casual gamblers and others are serious ones. What is in it for you?

Faucet

Crypto-games also have the Faucet system, where the amount is given to you or the number of Faucet you can request depends on your Level. The higher your level, the more Faucet. For a Baby player like us, we get a 0.00008000 XMR and 10 Faucet requests in in a span of 24 hours. You can request once every 3 minutes from a single IP address. Remember, in Crypto-games, your IP address is one of the factors that determine your ID. You can go to the Faucet Page in Your Account and click on Rewards.

You can check your level under the Faucet Level tab.

crypto games faucet level tab

We proceeded to request for our first Faucet. Notice the green line that says our requests have been added to our Account.

crypto games green faucet request

Referrals/Invite a Friend

For every friend you invite and have them successfully play, Crypto-games shares a portion of the House Edge with you. It differs per game. Currently, they share 25% on Slots, Blackjack, Roulette, Video Poker, and Plinko. For Dice, it’s also 25% for any bet made by the friend you referred.

To refer, make sure to use your referral link given on the Invite a Friend tab. Track your referrals on the same tab, you just need to scroll down.

Vouchers

The casino also gives out vouchers, so if you happen to come across one, you can use it to play.

Contests

The Casino usually has contests as well that involves In-chat Roll Games, where two people involved will play a game of their choice. If you rise to the leaderboard, you get a VIP Access Channel and a VIP tag. They do this on a monthly basis.

Seasonal Promotions

If you hang around their Bitcoin forum, there are games and promotions that you can catch there. They will give you rewards or giveaways for promoting the casino, 0% House Edge, signature campaigns, social media challenges and the like.

crypto games seasonal promotions

Investing

Crypto-games allow you to invest in the business, which is unusual because we have never seen one another do it before. But to openly encourage players to invest is quite a good strategy to get people some financial support. If you are a player, know that the online casino business is a billion dollar industry. You might want to cash in on it. Crypto-games said they share 70% of the profit to investors and retain the rest of operations.

Conclusion

PROs

  • House edge is below usual, which is good. Usual is 3-15% depending on the type of game. So far, the highest we have seen in a game in Crypto-games is 2.9% in Video Poker, still below the usual.
  • The high payout on Slots at 98.028% on all coin payouts. The industry standard or the usual in casinos range from 72 to 98%.
  • The lottery does not have a House Edge. Good for casual gamers, when all they want is to try their luck in a game of chance.
  • Busy promotions. There is always something going on for players. Although they have the usual loyalty rewards schemes, it is a plus to have seasonal or consistent promotional schemes in the forum. The signature campaigns are nothing new, nor are giveaways, but the continuous pattern adds to the appeal.
  • When your coin balance is zero, you can request for a tiny bit of help from the casino. They literally give you coins.

CONs

  • No registration required, except as a security backup. We understand the anonymity bit, but we think this is taking it to a different insecurity level. If you have an understanding of human habits, not many take the time to remember IDs with number except their social security, but even that is debatable. Gambling in itself is a risk, but gambling with just a single, forgettable way for players to identify and secure coins is increasing that risk further. This might work for programmers and people who have technical knowledge, but there are other gamblers who are not as adept at these things.
  • Very few games. One of the things that attract attention in Casinos is that it feels like a carnival with lots of things to do wherever you go. But Crypto-games only has 7 games compared to other casinos with more than a hundred games to choose from. Especially the Slots, where it is the norm to have multiple ones to provide choices. We think they are losing out on a piece of the Slot machine gamblers market here.
  • Bland design. While it may be Crypto-games’ objective to keep things clean when it comes to design, this might be a drawback. Casinos are always lively. We somehow miss the fanfare to get us excited to betting. All the aesthetics work somehow, especially when you only have 7 games to work on.
  • The chat function is confusing. Chat boxes are usually for support purposes, help desk functions. Turns out, it is not just for that. It is also an avenue where players can simply talk, exchange ideas, brag and whatnot. Not sure if you want to chat while focusing on your hands, but a Chat function for support is a must!
  • No Commission license. We might be veering away from the anonymity, privacy, deregulated and secure principle that cryptocurrency is known for, but when it comes to gambling, it adds to keep our minds at ease when it is somehow licensed with a gaming Commission like the usual casinos are.

Fairproof Monero Accepting Casino Review

Contrary to popular belief, the thing that unites nearly all online casinos are not the cards, roulette, or even fun – but rather it’s the atmosphere. The average digital gambling site looks and feels like the kind of seedy place you’d be caught hanging out at after a particularly rough mid-life crisis.

Monero casinos (and other cryptocurrency casinos), of course, are no exception. Fairproof, however, seems to be trying to buck the trend.

Fairproof is an online Monero betting site that also accepts the following cryptocurrencies: Bitcoin, Darknote, Bytecoin and Dogecoin. The site itself, no joke looks like it was made for the 21st century is apparently a very hard standard to meet.  In a very literal sense, it’s one of the few sites I’ve seen that looks like it was made to gamble cryptocurrency in 2017. While most sites have the aesthetic of a site for buying the cheap knock-off Beanie Babies, Fairproof is easy on the eyes, and it loads as quick as the cryptocurrencies you load onto it.

However, using the site on mobile leaves a bit to be desired.  The site just tries to render as would on the desktop site.  Good luck reading the text if you zoom out enough to see the whole page.  While it works okay, there are certainly better Monero Android or iPhone experiences.  The site is available in both English and Chinese.

Fairproof was founded in 2013, but not much other information about the owners of the site is available.  The Terms of Service is the standard “At your own risk, zero responsibility” gobbledegoop we’ve come to expect from software over the years, but they promise provably fair games.

Fairproof Registration and Getting Started

Fairproof provably fair front page

“The simplest provably fair bitcoin, dogecoin, bytecoin, darknote, monero lottery with no registration.”  I’m not sure how I feel about the “no registration” bit, but I’m sure that’s a selling point for some of you.  You know who you are.

As can be seen above, there is no account registration for using Fairproof.  As such, there are no country restrictions! Not that any of you dear readers are anything other than the most law-abiding citizens, so I’m sure that doesn’t make a difference.  The site uses cookies to track your earnings, so keep that in mind.  You can return to the site with a permanent link.  There is no way to set a password, so you have to be sure to store your permanent link somewhere safe.  This seems to be a design decision to prioritize anonymity at the expense of security.  Monero anonymity is already unparalleled within the crypto community, so if you’re already a Monero user, the extra anonymity afforded by Fairproof is unnecessary.  Users of other cryptocurrencies may still find it useful, though.

Fairproof Deposits

Fairproof Deposits

Serve this image above as a warning: And to think, I thought we’d get through the entire site without finding any Chinglish.  I guess it wasn’t meant to be.  Your addresses will be different, so don’t send anything to the addresses in the screenshot.

Depositing money into the wallet is a painless experience, and you can deposit a variety of coins. To deposit Monero, just send coins from your personal Monero coin wallet to the Monero wallet address on the deposit section of the site.  This holds true for any of the other cryptocurrencies accepted on Fairproof. Just send the coins to the addresses and you’re ready to play.  The circled bit in the screenshot above is hard to make out, but it seems to be a poorly worded warning that your accounts will be swept if you’re inactive for more than one month.

Fairproof Games

Fairproof Game

The first of the three games available on Fairproof is a 0-99 lottery game.  The game is simple.  You choose whether you believe the number selected in the lottery is going to be higher or lower than a number that you select, and set your bet.  For example, if you were to choose the number 79, you would have just under a 20% chance of winning on choosing “higher,” compared to 80% chance of winning on choosing “lower” (Of course, if the number 79 were selected, it would make for an automatic loss.)  The payouts change accordingly depending on the probabilities, and the house fee goes up the higher the payout is.

The server seed hash and the client seed above are for the proof of fairness algorithm.  You paste the seeds on the linked third-party site, and they will return the same result you received from your bet.

fairproof all bets page

Each of the games has a public ledger containing all of the recent bets.  Poland seems particularly fond of Fairproof.

fairproof guess a card game

Playing cards on a computer always seemed silly to me, but then again, so did cryptocurrency, so what do I know?

The next game available on Fairproof is the “Guess-a-card game with no card tricksters.”  I’m not going to pretend like I know what a card trickster is.  It’s probably more Chinglish.  Regardless, this game is straightforward.  Just pick a few cards, and enter your bet.  This game has a house fee, as before.

fairproof set your bets

For some reason, this digital-timer-looking roulette wheel seems less seedy than a typical roulette wheel.

The third and final game offered by Fairproof is a roulette game. Just pick your numbers, set your bet, and spin away!  It’s worth noting that this is the only game on Fairproof that doesn’t take a house fee.

Fairproof Bonuses and Promotions

Fairproof deposit bonuses

All of the available bonuses on Fairproof are current (December 2017) Monero price, 0.3 BTC is about 14 Monero.

The bonuses are all standard fare.  There’s a free one-time 0.001 BTC bonus, a 2x deposit bonus (with a 0.5 BTC limit), and a “Bad Luck Bonus” (Essentially, a 20% refund) for those who are talented enough to lose an entire Bitcoin.  The last two bonuses, unfortunately, require 36x your deposit to be put in bets before withdrawal, which seems disproportionately high.

Fairproof Affiliate Program

fairproof affiliate program

This affiliate program is so enticing that I was barely able to resist the urge to plug my own affiliate link. Please understand from the beginning, however, that while this is a Monero accepting casino, the Fairproof affiliate program pays its shares in bitcoin only.

The bonuses mentioned earlier pale in comparison to the Fairproof Affiliate Program.  50% of profits for everyone that you send to the site sounds more lucrative than actually betting on the site.

Fairproof Conclusion

All-in-all, I was impressed with Fairproof. While the game selection is limited, the UI is everything I could ask for, and the proof of fairness is easy to check, even for people who aren’t particularly computer-literate.  The affiliate system is phenomenal, and the lack of registration means it’s easy to jump in and start playing.  I would appreciate a greater variety in the coin selection, but as someone who primarily uses Monero, this is a small gripe.

PROs

  • Fast, easy-to-use interface that is easy on the eyes and no registration
  • Effortless proof of fairness algorithm
  • Very lucrative affiliate system
  • Non-existent registration system means complete anonymity

CONs

  • Limited selection of games
  • Somewhat strange coin selection (They accept Dogecoin for instance but not Litecoin?)
  • Very high deposit requirements for redeeming bonuses
  • Non-existent registration system means you can’t set a password to protect your account

How to Use Coinhive Monero Mining 2018

coinhive logo

What is Coinhive, and how is it useful to me?

If you are reading this article, you may already know what you plan to use Coinhive for but if you don’t, fear not! I am going to go over each of the use cases for Coinhive in this article.

So what IS Coinhive anyways? Well, as it says at the top of their website, it is “A Crypto Miner for your Website”. That sounds simple enough. But how do you actually use it?

All the services that Coinhive provides are implemented into a website via Javascript API. If you are not a web developer and have no idea what that means, it just means that you have to add some extra lines of code into your website’s code to use Coinhive’s services.

Coinhive advertises the following features after you have an account with them:

  • Proof-of-work (PoW) Captchas, these are like the typical captcha except they use your CPU to do some hashing work to verify you instead of having you type letters or pick the correct image like traditional captchas.
  • PoW Shortlinks, if you have ever seen a URL shortener (like goo.gl or bitly) then this is all that it is, except that before it takes you to the link, it has your CPU solve some hashes.

These functions are provided using their base functionality, which is a web miner for Monero. The reason that they chose Monero is that it can still be mined relatively effective with only your CPU. Their web miner program seems to be about 50% effective as to a normal mining program (as reported on their website) but they are working to improve that efficiency gap.

All the other things you can do with Coinhive are more open-ended. They are just providing the service to facilitate your ideas. You implement their API to use their miner and payment infrastructure, and you come up with the rest. This means you can use it to do pretty much anything, such as replace traditional ads on your site with mining time or use it as a way for users to gain in-game currency on your website/game (this is one of their examples). Some people have even used this to create an unofficial Chrome extension that you can use to mine Monero for yourself using your own browser.

Coinhive has a very good website to read through if you want to learn more, especially about the API documentation. If you are planning on using Coinhive on your website, definitely check out their API docs here: https://coinhive.com/documentation

Next, we will do a quick demo on creating an account and what the different screens on their site look like!

How to Mine Monero – a Quick Demo/Tutorial

When you first get to the website, this is what the homepage looks like:

Coinhive Mining Page

As you can see, I hit “Start” on the web miner widget so that you would be able to get a feel for how it looks when you are mining. You can change how many threads you want to use, and how much % of your CPU you want to use as well. It will show you how many h/s you get, and your total hashes, along with a neat graph of your hashrate. This is really just a demo on what the miner looks like, and isn’t meant to be used to mine 24/7 or anything. You could do that if you wanted to though.

If you sign in and let the miner run, you will start to accrue a balance. You can see this by going to your dashboard, by clicking the dashboard tab after signing in. Here it is:

Coinhive Mining Dashboard

If you are signed in and start mining on the homepage, it will show your hashes from there under “Your Site” by default. You can also use that open miner button and it will open a web miner that you can actually leave open more easily. It will look like this:

Coinhive Mining close up

There are more things on the dashboard screen, but not anything we need to go super in depth into for a basic tutorial. Moving on, we can also look at the shortlinks tab if we want to create a shortlink:

coinhive Shortlinks tab

The settings here are fairly straightforward, you can use this screen to create shortlinks that will mine for you when people click on them.

Coinhive Withdrawing

The last thing you need to know about is the withdrawal settings page. Here it is:

coinhive payment settings

This is probably the most important page, as you need to fill this out to be able to get paid! You can give it your Monero wallet address that you want to be paid for, but only if it does NOT need a payment ID, as it explains in the red text. I don’t know why they couldn’t make it compatible with payment IDs, but it just isn’t, so be aware of that.

As a result of this technicality, Coinhive recommends setting up a wallet with myMonero.org and offers a direct link to that website.

Also, notice that unless you set your minimum payout to higher than 0.5 XMR or greater, you will be charged any fee whatsoever. However, you must meet the minimum withdrawal of 0.02 XMR. If you request between 0.02 and 0.5 XMR you will be charged a flat fee of 0.005 XMR. That is not a lot, but it will add up over time. If you can’t afford to pay that extra fee, then make sure you set your minimum payout correctly.

That’s about it for how to use the site, with that you should be able to at least mine by yourself and have a basic knowledge of how the site components work.

Coinhive Chrome Extension

There is a Chrome extension that you can use to mine Monero in your browser, but it is not an official Coinhive extension. Some random guy wrote it and is probably taking a cut of whatever you mine with the extension, on top of the cut that Coinhive already takes. The extension still requires you to have your own Coinhive account to mine, so there is really no point to use it when you’ll likely get less for doing so. Just leave a miner tab open if you want to mine with your browser for yourself!

Keep in mind that when running your computer at 10 h/s and 100% speed you are going to run your computer CPU to 99%. After several tests we discovered that a thread of 4 h/s and 40% will keep your computer functional, cool, and able to run the miner day and night without damaging anything.

If you really do want to use it, then all you need to do is make a Coinhive account as discussed above, download and install the extension from the chrome store, and follow the extensions instructions from there. It will be about the same difficulty as setting up your Coinhive account to mine by itself in the browser, and will just earn less most likely.

Coinhive Review

Overall a miner that works on a web browser tab while you are surfing the net, watching a movie, or doing almost anything is pretty awesome. However, the Monero coins will not just be flowing in on the personal miner alone. In fact, it will take up a lot of energy to run the web broswer all the time. We recommend that you set up short links and strategically place them on your other websitse for other people to open them and cause hashing.

Nothing beats free however, and this is the easiest source for Monero mining we could find, and it is free.

PROs:

  • Relatively easy to start mining by yourself
  • API is pretty intuitive to use if you have any JS experience at all and has decent documentation
  • Good website functionality
  • Open-ended

CONs:

  • Requires programming skill for anything more than solo browser mining
  • Only get 70% of what you mine, Coinhive takes a flat 30%
  • May not even work economically for smaller sites (this is addressed on their homepage)
  • Web miner is not super efficient

Coinhive is a great and easy to use service! Whether you are a new Monero miner just looking for a super easy way to mine, or a website developer looking to operate on a large scale, Coinhive has a way for you to do what you want to do, and in a pretty simple way.

MoneroDice Monero Accepting Casino Review

monerodice_logo

MoneroDice is a simple game with mechanisms similar to casino games and intuitive interface nature. On its first impression, it looks a simple dice site for the visitors. If you are looking for a good dice game, Monerodice is worth considering. One of the best Monero Casino dice games, it focuses on Monero, which is a cryptocurrency alternate to bitcoin. Its rules are similar to the dice games and worth nothing and support player anonymity.

MoneroDice Homepage
As it uses the Monero coins for betting, it doesn’t mean that you can’t use bitcoins here. MoneroDice also accepts Bitcoins on its site. You can learn more about dice gambling site and the way to use bitcoins by going through the overview of MoneroDice.

Get Started MoneroDice

Registering The Account

Registering on the site is very easy and quick process. Only fields that you have to fill are username, password, PIN. The emergency withdraw address, and email address is optional.

MoneroDice Registration Page

You can register with username and password only. But, it will be better if you use your email and emergency withdraw address also. In case you forget your password, it will be easy for you to recover it. Also, if something goes wrong, it will be easier for you to recover the money. Remember, the minimum character requirement for a username is four. You can register your account in less than 15 seconds.

When you do try to login to your account, you will be asked for two factors authentication also, which is optional. It is for the security purpose.

Your Account Dashboard

There’s no profile page for MoneroDice, which means Monero anonymity allows the player to gamble online anonymously. It provides advantages over the anonymous bitcoin casino. The dashboard of your account after login into the MoneroDice will be the settings panel, which will display your information like:-

  • Username ID
  • Emergency Withdraw number
  • email address
  • password

In case you did not add emergency withdraw and email address when registering your account, you can add them to the setting page. You can even change the account’s password here.

Monerodice Settings

The dashboard also supports APIs and two-factor authentication. You can secure your Monero wallet on your mobile device by using Google Authenticator app. If you don’t know about the working of the authenticator, you can visit the Monerodice webpage that has detailed information about its working.

Deposit & Withdraw Monero Section

Currencies & Fees

According to the name of the site, it uses Monero as a cryptocurrency. But, you can also use other cryptocurrencies for making deposits. In like manner, you can withdraw your Monero gambling win in any cryptocurrency you want, supported by MoneroDice.

The deposits and withdrawals depend upon wallet-to-wallet. Similar to other cryptocurrency gaming apps, there’s address on which you can send the deposits. The system process is same for withdraws. All you need to do is, enter wallet address and your winning will be sent to you.

Before the deposits get reflected in your account, two confirmations will be needed. For withdrawing your wins, it will take around fifteen minutes, as they are manually processed. MoneroDice Gambling is not limited to Monero coin. You can play using other cryptocurrencies also.

MoneroDice merged shapeshift with its wallet system. Because of this, Monero coin wallets can also accept alt-coin deposits:

  • Bitcoins
  • Emercoin
  • Vertcoin
  • Dash
  • Mintcoin
  • Startcoin
  • Ripple
  • Clamcoin
  • Digixdao
  • Nubits
  • Storjoin
  • Counterparty
  • Peercoin, and much more

MoneroDice Alt Coin Options

ShapeShift is a third party, so you have to pay some fees for having conversions. If you want to know more about Monero price, go to the about us page of ShapeShift and then to bottom to see the fees schedule for every cryptocurrency it supports.

Casino Experience

MoneroDice Software Provider, System Provider & Games Available

MoneroDice makes utilization of its exclusive programming software that makes for a provably fair game. The site also has a detailed description regarding nitty gritty introduction on the idea of provably fair gaming with regards to MoneroDice. Visit the page for the points of interest on the techniques for confirming the reasonableness of the MoneroDice diversion.

It is a bot friendly game, with an API which allows you to edit your bot. To know more about the MoneroDice JSON-based API, visit the API Docs page to use more advanced and extended playing mechanism for dice gaming.

monerodice mobile view

There’s only one game, which is a dice game and is similar to other dice games. For playing the game, first, enter the Monero Betting amount and change any of the following fields:-

  • Multiplayer
  • Winning Chances
  • Return on Win

When you do change these variables, the other variable will automatically get adjusted. After that, make the selection if you think that the outcome will be less or more concerning the number is shown in the yellow box. It will also get automatically adjusted when you will change the values of Return to win, a chance of winning, multiplayer. The winning amount will be indicated on the bottom of the game interface. By switching to the advanced interface, you will get an Auto-Bet function with which, you can arrange the dice rolls and decide your bets upon losing and winning.

By introducing some animation, the game can be made different from other dice gaming sites, but still, it is enjoyable. For running this game, your system must support JAVAScript. It is not a Flash-based game, so you can run it on any browser you want to.

It is compatible with every mobile device. The user-interface of the game is very attractive and is very responsive. However, it does not provide the gaming app for Windows, iOS, tablets, and Android. But, you can enjoy the game in mobile by playing it on a browser. As compared to other Bitcoin mobile casino gaming sites, the gaming experience of MoneroDice is much better.

User Benefits

Bonus, Promotions, Affiliation Program & Player Support

In comparison to other gambling sites, MoneroDice does not offer any bonuses. There’s no deposit bonus, reload bonus or sign up bonus. Also, the site does not provide any VIP rewards and programs. Most of the dice gambling sites offer bitcoin faucet, but MoneroDice doesn’t have that either. Also, you need to deposit playing the game. On the top of it, MoneroDice also not have an affiliate program.

The only thing that MoneroDice offers is a chance for investing in the site. On the top right corner of the website, there’s an invest button to bankroll the game. The website gets 10% of the profit of the investments, and the rest of the benefit is divided among the people who invested in the site.

It also has a bug discovery program through which, you can report to he MoneroDice admin in case you find the bugs on the site. The email id where you can report is info@monerodice.net. Bug discovery reward is not detailed on the site, but it is likely to be based on the severity level of the bug you will find.

Players Support of MoneroDice is given via email. You can discuss your questions, or other concerns by sending an email to support@monerodice.net. It is the best way to get in contact with MoneroDice. There are no social media accounts and discussion board for the game. In the chat section, you can have a conversation with other players around the world.

Security Feature

For securing the Monero deposits by players, MoneroDice makes utilization of an offline wallet to store the greater part of the player’s Monero. A hot wallet is kept up and subsidized with merely the whole sum essential to deliver the everyday needs of the site.

Monerodice Security Features

With regards to security, the MoneroDice site is sufficiently secure. Not at all like numerous other single-amusement betting website games, MoneroDice veers far from the one of a kind URL no-enrollment setup. Rather, it enables players to get the typical username and secret word secured client accounts without making it troublesome and repetitive to join. A PIN code is set amid the record enlistment process for included insurance amid withdrawals. Moreover, two-factor validation can likewise be empowered to ensure accounts additionally.

Conclusion

PROs

  • The site is mobile friendly
  • It is very simple game, with a user-friendly interface
  • In addition to Moreno’s, it also accepts other cryptocurrencies
  • Because of its provably fair game characteristic, the site is guaranteeing that it is safe and fair gambling
  • The betting mechanism of MoneroDice is very simple and easily understandable.

CONs

  • There’s no bonus given to the players, and site doesn’t have any VIP program, and promotions
  • You can contact the player support team via email only
  • There is also no bitcoin faucet on MoneroDice
  • The developers do not provide any Monero Android app for smartphones