How To Get Started With Crypto Gaming
Cryptocurrency and gaming have been two of the most popular trends over the past few years. That’s why it came as no surprise when crypto gaming became a relatively prevalent trend.
Crypto gaming refers to playing games that reward the players with a certain amount of crypto when accomplishing various tasks. Each game has the same goal, to earn crypto, but there are several differences between each game. How the system hands out rewards may vary, what crypto you can collect will be different for each game, and how the game works will vary.
That’s why you mustn’t jump into a game as soon as you find one that suits your taste. With that said, below are the four steps you must take to get started with crypto gaming.
Step #1: Create A Crypto Wallet
If you’ve never engaged in crypto transactions, your first initiative would be to figure out where to play NFT crypto games. But before that, you must first create a crypto wallet.
A crypto wallet is where you store the crypto coins you earn from the game and the crypto you must pay to get started. Yes, not all crypto games are free-to-play, though all are play-to-earn. Either way, you’ll need a crypto wallet, and there are two types of wallets to choose from:
- Hot wallets are connected to the internet and are vulnerable to cyberattacks. But on the flip side, it’s much easier to access as long as you have an internet connection.
- Cold wallets aren’t connected to the internet. You can only access them via a piece of hardware, usually a flash drive or external drive. Therefore, it’s much more secure as it’s not vulnerable to cyberattacks, though it can be challenging to access the wallet.
There are several ways to create a hot or cold wallet, and it’s up to you which method you wish to use. However, for your reference, the most commonly-used way to create hot wallets is the use of MetaMask.
Step #2: Choose A Crypto Game
Your next step is to find and choose a crypto game. For your purposes, you’d want a game that rewards crypto, also known as gaming tokens, with an actual value and a high market cap.
The best way to do that is by checking CoinMarketCap, specifically its Gaming section, to look at the details about gaming tokens. There, you’ll find the value of each token, its supply, etc.
You can choose a game based on its valuation. Decentraland, for example, is a gaming token with a relatively high market cap. Hence, it would make sense to play the game where Decentraland is the native coin. Of course, you can play more obscure games if you want.
It’s also a good idea to check out gameplay videos of these crypto games. It should give you an idea of how generous the game is at rewarding gaming tokens, also known as their profitability.
Step #3: Convert Fiat Currency To Crypto
As stated earlier, some crypto games require you to invest a certain amount of crypto first before you can play. For instance, you may have to buy characters first using their native coin.
If you’ve determined that the game you intend to play is one of those games, you must buy the appropriate gaming token first. Since you already have a wallet to put it in, you only have to convert your fiat currency to crypto. To do so, you’ll need to create an account on a crypto exchange. Then, connect the digital wallet or bank account where your fiat currency is stored.
Lastly, exchange your fiat currency for the crypto you need to play the game. Afterward, transfer it to the wallet you created in step 1. The platform should instruct you on how to do so.
Step #4: Set Up Your Crypto Gaming Account
Every crypto game has a corresponding platform. To use it, you must first create an account. Next, you need to connect your crypto wallet to the platform. The instructions may vary from one platform to another. There should be instructional videos for every game on the internet.
At this point, the only thing you must do is enjoy the game, unless, of course, the game still has specific instructions. Nevertheless, you should be able to earn crypto by completing tasks.
These may include collecting characters, winning matches against enemies (PvE) or players (PvP), and finding the crypto in the game’s virtual world.
Getting started with crypto gaming usually takes time. However, what’s interesting is that you can do everything you need to do in front of a computer, from creating a crypto wallet to creating a crypto gaming account. As long as you know what you’re doing, it shouldn’t be long before you earn your first crypto coin via gaming. The only question is how valuable the tokens are, which is why part of the setup process is choosing a game that can be profitable.