Cryptocurrency

Is Crypto Trading a Legal Activity?

Published

4 years ago

December 9, 2021

Reading Time: 3 minutes

When it comes to making money, perhaps nothing seems more potent than crypto trading. At least that’s what many crypto traders seem to think too.

In fact, a quick Google search for “crypto trading” or “cryptocurrency trading” brings up over 1 billion results!

In other words, there are a lot of people out there who are interested in becoming crypto traders.

But is crypto trading really a viable way to make money? Or is it just gambling?

To answer this question, we first need to define what crypto trading actually is.

Crypto trading, simply put, is the buying and selling of cryptocurrencies.

When you buy a cryptocurrency, you’re essentially betting that the price of that cryptocurrency will go up.

When you sell a cryptocurrency, you’re essentially betting that the price of that cryptocurrency will go down.

Thus, crypto trading is essentially a form of gambling.

Now, is this a bad thing?

Not necessarily.

Gambling can be fun and entertaining. And, if you’re good at it, you can make some money too.

But the important thing to remember is that gambling is a risky activity. You can win or lose money depending on how well you trade.

Thus, if you’re not comfortable with taking risks, crypto trading may not be for you.

On the other hand, if you’re comfortable with taking risks and you’re good at it, crypto trading can be a great way to make money.

How to Trade Crypto Safely

If you’re interested in trading crypto, here are a few tips to help you trade safely:

Only trade with money that you can afford to lose

This is the first thing to keep in mind when trading crypto. Crypto trading is a risky activity and you can lose money if you’re not careful.

So, only trade with money that you can afford to lose.

Do your research

Before you start trading crypto, do your research and learn as much as you can about the markets. This will help you make informed decisions and improve your chances of success.

Use a reputable crypto Trading Platform

Pick a reputable trading platform like BitQT Trading to trade on. This will help you protect your money and maximize your trading potential.

Follow your plan and stick to it

You should have a trading plan before you start crypto trading. This plan should outline the strategies that you’ll use to trade. As long as you follow your plan, you shouldn’t veer off track too much and lose money.

Get a Secure Storage for Your Crypto

Finally, make sure you have secure storage for your crypto. This will help protect your money in case something happens to your trading account.

Always use a stop-loss order

This will help protect you from losing too much money if the market moves against you. Stop-loss orders are easy to set up on most trading platforms. Always use a stop-loss order when trading crypto!

Be patient

Last, but not least, be patient. Crypto markets can be volatile and it may take time to find winning trades. Don’t get discouraged if you don’t make money right away.

In the end, whether or not crypto trading is a gambling activity is up to you. If you’re comfortable with taking risks and you’re good at it, then go for it!

In conclusion, crypto trading is a type of gambling that can be fun and profitable if you’re good at it. However, it’s important to remember that it’s a risky activity and you can lose money if you’re not careful. So, only trade with money that you can afford to lose and do your research before you start trading.

$SCOR

BetOnline.ag Integrates $SCOR, the Premier Crypto Token of the Pro Sports Industry, Ahead of Super Bowl

Published

2 weeks ago

February 4, 2026

GamingAmericas.com

betonline.ag-integrates-$scor,-the-premier-crypto-token-of-the-pro-sports-industry,-ahead-of-super-bowl

BetOnline.ag, a preeminent global online sportsbook, casino and poker platform, announced a strategic partnership with Sweet to integrate $SCOR as a newly supported cryptocurrency.

$SCOR, the native token powering verified fan identity and rewards across major professional sports, is now available for deposits and withdrawals within the BetOnline cashier, just in time for Super Bowl Sunday on February 8.

This integration establishes a direct utility lane for the $SCOR, allowing fans to use tokens — earned through engagement in officially licensed sports games or purchased on exchanges — for real-world gameplay on a leading gaming platform.

For BetOnline, the partnership represents a strategic entry point into the burgeoning world of on-chain sports fandom, connecting the platform with high-value, verified fan liquidity.

“We are constantly evolving to meet our players where they are, and that now includes the intersection of sports fandom, gaming and blockchain. $SCOR isn’t just another cryptocurrency…it’s the premier token of the sports industry. This partnership allows us to directly engage with a new generation of sports fans who value real-world gameplay, verifiable achievements and interoperable rewards,” said Eddie Robbins III, CEO of BetOnline.ag.

$SCOR functions as the on-chain layer for fan identity, verifiable engagement and portable rewards across Sweet’s network of major professional sports IP partners that boast officially licensed sports-themed web3 PvP and mini games.

By accepting $SCOR, BetOnline gains a direct connection to verified fan activity from SCOR’s ecosystem of major professional sports IP partners, introducing a high-value audience of competitive sports fans and crypto-savvy players.

To celebrate the launch, BetOnline will offer exclusive deposit perks for $SCOR users, including free-play credits and casino spins for qualifying deposits. Future community activations are planned, featuring token-gated private poker and casino tournaments for verified $SCOR holders, with prizes awarded in both $SCOR and cash.

“We built $SCOR to bridge the passion of sports fandom with tangible utility and value. BetOnline’s integration is a landmark moment, turning fan-earned $SCOR into a key for premium gaming experiences. This partnership validates our vision of a reward-first portable fan identity,” Sweet EVP of Global Partnerships Betsy Proctor said.

The post BetOnline.ag Integrates $SCOR, the Premier Crypto Token of the Pro Sports Industry, Ahead of Super Bowl appeared first on Americas iGaming & Sports Betting News.

Crypto Turnkey

GR8 Tech Delivers 1.6× Higher Deposit Conversion and 3× Reduction in Transaction Costs for Crypto Turnkey Clients

Published

1 month ago

January 15, 2026

Wladimir P.

gr8-tech-delivers-1.6×-higher-deposit-conversion-and-3×-reduction-in-transaction-costs-for-crypto-turnkey-clients

Initial performance metrics from providers utilizing GR8 Tech’s Crypto Turnkey solution indicate notable enhancements in player conversion and operational efficiency within months of transitioning to cryptocurrency payments.

Operators utilizing Crypto Turnkey are indicating:

● 1.6 times greater conversion for initial and subsequent deposits

● Cost per transaction can be as much as 3 times lower than conventional payment methods.

● Withdrawal processing up to 2.5 times quicker

“The conversion improvements and cost reductions we see would take much longer to achieve through payment optimization alone,” said Denys Parkhomenko, GR8 Tech CPO. “Crypto Turnkey unlocks access to the fastest-growing and highly valuable player demographic in iGaming. When over half of your target audience is already using crypto for investments, offering it as a payment method is a must—numbers prove it.”

The findings confirm the business rationale presented at Crypto Turnkey’s inception: cryptocurrency eliminates reliance on payment providers and draws higher-value participants who deposit larger amounts and wager more often. With settlement finishing within minutes rather than days, operators are experiencing enhanced margins and clearly superior player satisfaction.

Crypto Turnkey is now accessible worldwide and can be implemented as a new option or transitioned from Hyper Turnkey.

Unlock Your Crypto Advantage at ICE Barcelona 2026

The post GR8 Tech Delivers 1.6× Higher Deposit Conversion and 3× Reduction in Transaction Costs for Crypto Turnkey Clients appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Acebet

Golden Frog Launches Acebet, a Next-Gen Crypto Gaming Platform

Published

1 month ago

January 15, 2026

GamingAmericas.com

golden-frog-launches-acebet,-a-next-gen-crypto-gaming-platform

Golden Frog has launched Acebet, an online crypto gaming platform built on advanced blockchain infrastructure. Acebet delivers a seamless blend of casino action, sports betting, and innovative digital features in one unified ecosystem.

With intuitive navigation, fast onboarding, and seamless gameplay, Acebet prioritises ease of use above everything. Fast deposits, quick loading, and responsive support ensure a smooth user experience. Acebet also introduces Chat Rain, a social feature that randomly drops crypto rewards to active users in the chat, fostering a lively, community-driven gaming atmosphere.

Golden Frog says that Acebet reflects the evolving expectations of online players. The company explains that Acebet was developed to reflect the evolving expectations of digital users who value speed, security, global accessibility, and transparency. According to Golden Frog, Acebet demonstrates the company’s vision of merging high-level technology with a user-centred gaming experience.

Acebet launches with more than 2000 casino titles, including slots, table games, card games, and exclusive in-house content. The platform includes modern video slots, classic reel games, table games, card variations, and exclusive in-house content crafted to meet the expectations of both casual users and experienced players.

This broad portfolio ensures that new users immediately find familiar favorites while long-term players can continue discovering fresh experiences. The platform also features Acebet Originals, offering unique games that many competitors don’t provide.

Acebet integrates provably fair technology, allowing players to verify game outcomes using cryptographic hash seeds independently. This creates a fully transparent environment where fairness is not only promised but demonstrable and auditable.

Through its live casino features, Acebet brings professional dealers, real-time interaction, and high-definition streaming together in a refined digital environment. The live casino brings professional dealers, real-time interaction, and high-definition streams in a digital environment inspired by physical casino play.

The post Golden Frog Launches Acebet, a Next-Gen Crypto Gaming Platform appeared first on Americas iGaming & Sports Betting News.