FunFair Applies for Isle of Man Blockchain Licence
August 15, 2019
FunFair Technologies has applied to Isle of Man Gambling Supervision Commission for an inaugural Token Based Software Supplier Licence.
Since their introduction, Bitcoin betting sites have been enjoying praises from various online casino reviews. This is not surprising though as such casinos let you earn Bitcoin (BTC) while having fun. You can play your favorite games while enjoying fast and anonymous payment transactions. If this sounds like music to your ears, you will be delighted to know that the convenience and profitability of the coin have reached trading as well.
With Bitcoin binary trading platform like BTCLevels, you can earn funds by simply forecasting the price movement of the said coin. To maximize this betting opportunity, BTCLevels aims to give coin holders a simple and user-friendly trading environment. All of its quotations and listings are taken from HitBTC—a popular exchange—in real time.
This platform bears one of the most important perks of crypto betting—anonymity. When trading here, you do not need to provide any personal information. In fact, you can even bet without signing up. But if you want to experience more functionality, you must create an account. Know more about what to expect from the site through this BTCLevels review.
Betting online is more rewarding if there are bonuses up for grabs. While these deals are bustling in most online casinos, they are not a common sight on trading sites. That being said, you will not find any Bitcoin casino bonuses on BTCLevels.
In terms of betting opportunities, BTCLevels offers only binary options to its patrons and to interested bettors. That being said, you will not find here any popular casino game titles from the likes of Microgaming and NetEnt.
Binary trading is simple to understand, making it popular to low-skilled traders. You simply need to bet on whether a price will go high or up. Then, you will win or lose, based on whether or not your bet is correct. The currency pairs available are BTC/USD, BTC/EUR, and more.
To start betting, you need to place a high-rate bet or a low-rate bet. The former wins if the price of the asset during the expiration will be higher than its value when you place your bet. Meanwhile, a low-rate bet wins if the price of the asset falls down.
Expiration happens when all the bets for the certain span of time are revealed. You will then get your reward if you win. Note that you can choose among different expiration ranges. These include 60, 240, 480, and 1,440 minutes. Once the expiration is up, you will know whether you win or you lose.
Slow banking transactions and stalled payouts are the least of your worries when you bet on BTClevels. You can fund your account in a breeze with crypto and start trading. Here is what you need to remember for your deposits and cash outs.
Before you can place real-money bets, you have to fund your account first. The minimum bet is 0.01 BTC, so make sure you deposit enough funds that can cover for your betting sessions. Once your deposit is confirmed, you are ready to play.
The pure simplicity of trading crypto is the main crowd puller of this site. There are no heart-stopping online games, but you could still experience gripping betting action by betting on price fluctuations. This is a smart move to bring crypto into the binary trading field, which is dominated by fiat money. With BTCLevels, you can maximize the profitability you can get from your coins. Plus, BTCLevels works with a trusted exchange, HitBTC, so you know that you are not being duped.
However, binary options might not be your cup of tea if you are looking for an entertaining betting action. At this is not an online casino, you will not see any bonuses or casino games on board.