There are numerous options to use when searching for the best crypto gaming on the internet. These dedicated channels provide the most recent and in-depth information on gaming cryptos:
Reddit is a social news website and forum where content is curated and promoted by members through voting. It is a network of communities where people can dive into their interests and hobbies.
The crypto industry has developed a niche for itself on Reddit. Therefore, the platform is one of the best places to consider when looking for information on top gaming cryptos.
Crypto News platforms delivers up-to-date breaking news about the latest crypto trends. Over the years, crypto news platforms have built a reputation of being one of the most reliable resources for information on top crypto gaming coins. Here on Business2community.com we have two main sections:
YouTube has been a reliable medium for learning about crypto. Several crypto professionals populate the platform, all of whom are eager to offer useful knowledge to newcomers.
Some popular crypto gaming YouTubers you can check out include On Chain Gaming and Classy Crypto Gaming. Also see our list of the best general crypto channels on Youtube.
Social Media Influencers
Social Media influencers usually have a standing partnership with gaming crypto platforms. New investors can rely on these influencers to obtain accurate information concerning the asset they are interested in.
In some cases, these influencers are often early investors or testers of the crypto gaming platform, so they have first-hand knowledge about the coins and how the platform works.
Are Crypto Gaming Coins a Good Investment?
For investors still wondering whether to buy crypto gaming coins, there are many reasons to invest in these unique digital assets. These are some of the reasons to consider gaming crypto as a worthy investment:
1. Growth of the Metaverse
Gaming cryptos play a significant role in the metaverse. Take, for example, Decentraland (MANA). Investors have a great opportunity to profit while the metaverse is still in its early stages. The potential for blockchain-based gaming platforms to power virtual reality has never been greater.
MANA, the largest metaverse-related cryptocurrency, still remains the best investment option for investors in the gaming sector.
More recently, Yuga Labs (makers of the Bored Ape Yacht Club NFT) acquired the rights of serial rival CryptoPunks and associate NFT project Meebits for an undisclosed amount. BAYC has since launched Apecoin which has launched the NFT fully into the metaverse ecosystem.
The project has since launched another successful NFT called, Otherside which sold out within hours of the launch. The BAYC team were able to sell each of the 55,000 Otherdeed NFTs for 305 ApeCoin, netting the project $320 million in the process.
2. Institutional Funding
Due to the widespread adoption of blockchain technology in the gaming sector, crypto gaming platforms are attracting serious institutional funding. Some of the high ranking institutions that have invested in Decentraland real estate are Portion, an NFT auction house and marketplace; JP Morgan, Samsung and PriceWaterhouseCooper (PWC).
These institutional investors are leveraging the surrounding hype around NFTs and gaming cryptos to take a plunge into the growing decentralized economy.
3. Secure Payments
Players can pay for in-game items using the platform’s native crypto assets. Each network token powers the blockchain network and is viable for transactions and all other respective activities.
Users aiming to tap into any particular blockchain-based gaming platform would need these tokens to successfully operate on it.
Take for instance the Decentraland ecosystem. The network features two native tokens; LAND an ERC-721 standard and MANA an ERC-20 token. LAND purchases are made using the MANA token and this is completed within minutes. All transactions are carried out without the interference of any third party.
Close rival The Sandbox also completes transactions using its utility token, SAND.
4. In-game Utility
On a gaming platform, crypto gaming currencies are utilized for a variety of purposes. For instance, AXS which powers the Axie Infinity platform is used to vote on policies affecting the network. AXS holders are also able to vote on proposals on how the treasury funds should be used.
This shows strong deference to the community and encourages a more democratic and engaged body of users. Aside from earning while playing token holders generally have a voice in the future direction of a project and this is a crucial benefit.
Where to Buy Crypto Gaming Coins
When investing in gaming cryptos, it’s important to use crypto platforms that guarantee the safety of user funds, low transaction fees, and usability. We recommend eToro for investors looking for how to invest in crypto gaming.
eToro is a social trading platform that enables investors to access crypto assets through their mobile at any time. This broker makes it easy to buy Bitcoin and a host of other financial assets.
The platform is also regarded as one of the best places to buy metaverse and gaming related coins. The social trading platform is designed with a simple user interface, enabling new investors to be onboarded seamlessly and navigate the platform. Registration on eToro takes only a few minutes.
Another great feature eToro offers its users is its low deposit limits and transaction fees. Investors can deposit $10, $50 or $10,000 as their first deposit depending on their country of residence. US and UK customers have a $10 minimum deposit.
Regarding costs for trading the best crypto gaming coins, the platform charges a unified fee of 1% when investors open and close a crypto position. This is in addition to the raw market spread of 0.46%, bringing the total fee for crypto trades to 2.46% on eToro. Withdrawals have a flat fee of $5, which is more affordable than some crypto exchanges.
eToro frequently lists new cryptocurrencies to meet users’ needs. The platform supports over 60 cryptocurrencies and over 120 crypto assets in its wallet. Some of these include the best crypto gaming coins such as APE, MANA, SAND, AXS, GALA, and ENJ.
In order to facilitate seamless transactions, investors have access to several payment methods. These payment methods include Bank transfers, wire transfers, debit/credit cards, PayPal, Skrill, and Neteller.
eToro prioritises user funds and information security by adhering to policies meted out by the top-tier regulatory bodies that oversee its processes. These regulatory bodies are the FCA, CySEC and ASIC. The platform uses two-factor authentication (2FA) and masking technologies for security.
Crypto gaming coins were designed to create easy access to in-game items and facilitate faster transactions and a secure way of issuing rewards. Some of the best gaming cryptos to meet this need include LBLOCK, MANA, and SAND.
Since its launch, these crypto assets have made substantial price movements in the crypto space with LBLOCK leading the pack. In the first month after launch, LBLOCK provided its investors with a 65x return on investment, a high ROI for new gaming tokens. The crypto asset is set on providing more value to investors, launching its first prize draw in mid May 2022.
Investors can buy most of these crypto assets on a secure and affordable platform like eToro. The platform provides investors with a great earning opportunity using the Copy Trader feature. Investors can buy crypto at low fees with a reasonable minimum deposit.