How to buy CS:GO skins with cryptocurrency?
Are you looking to buy CS:GO skins with cryptocurrency? You’re in luck! In this article, we’ll cover whitelisted marketplaces, the best ones to use, and a step-by-step guide for buying skins with crypto.
We’ll also explain why it’s better than buying skins on the official Steam marketplace.
Get ready to learn the pros and cons of buying CS:GO skins with cryptocurrency!
What are Whitelisted marketplaces and why should you use them?
What is a whitelisted marketplace?
The whitelist marketplace is a list of approved trading sites that have been verified by the community and have to meet certain requirements.
GlobalOffensiveTrade is a stalwart subreddit devoted to purchasing, selling, and trading items in the game, mainly focused on skins. At the moment, due to changes in the Reddit API, new registrations are not accepted
Some of the rules include no scamming, no spamming, and no engaging in trade with banned users. You can search or browse for any item that is posted on the platform and even receive notifications to your phone.
As it focuses on user fulfillment, there are also tutorials available on YouTube that explain and guide you through using GlobalOffensiveTrade.
Why should you use a whitelisted marketplace?
The reasons begin from the increased security and reduced risk of scams, as well as the access to a vast amount of potential buyers and sellers for your skins. You are able to quickly unload a skin into the market and receive your payment without risk while being able to receive notifications if a particular rare CS:GO skin becomes available for purchase.
How to choose the best marketplace for CS:GO
There are a few things that you need to consider when choosing the best marketplace for CS:GO.
- Reputation: Before making a trade, it is vital to research the marketplace to make sure that it is well respected and trustworthy. You can do so by checking other users’ reviews and ratings to get an idea of the marketplace’s reputation.
- Process of entry: All whitelisted marketplaces have their own eligibility requirements and application process. Take a closer look at the requirements before applying to be whitelisted so you don’t overlook an important demand.
- Be cautious: It is still important to be careful when trading even on whitelisted marketplaces that offer protection against scams. Stay away from users who have a low reputation score or are not verified.
- Price: Checking the current market value of the skins you are trading is a must before you start. In order to make sure you are getting the best deal, you can use price-checking tools.
- Fees: Most marketplaces will charge you fees for buying and selling skins. When doing your research, look for ones with reasonable fees and transparent pricing. The terms and conditions are the best place to start.
- Withdrawal: It is better to have a variety of withdrawal options, like crypto, PayPal, or bank, because it will make it easier for you to get your funds. You have to be aware as well that some marketplaces offer faster withdrawal times than others. This is quite important if you are planning to use withdrawn funds straight away.
Best whitelisted marketplaces to buy CS:GO skins with crypto
If you want to buy CS:GO skins with cryptocurrency, then there are several whitelisted marketplaces you should consider.
Bitskins, CS.MONEY, DMarket, CSFloat, and CS.DEALS are all great places to start.
Each offers its own unique advantages when it comes to buying and selling skins, so it’s important to do your research before choosing one.
You can purchase CS:GO skins with cryptocurrency on BitSkins, one of the best whitelisted marketplaces. With a community rating of 4.8 out of 5 and users from all around the world, this platform is renowned for its reliability and ease of use.
It offers a wide variety of items, with more than 886.5K listed offers and a total combined value of $3.1M. BitSkins charges a transaction fee of 10%, which is lower than the 15% fee on the Steam Community Marketplace, allowing users to get better rates.
Cryptocurrency adoption in gaming is becoming more common, and BitSkins allows users to take advantage of the benefits of using cryptocurrency for in-game transactions. It also has rigorous security measures in place to protect users from fraud and theft.
If you’re looking for one of the best whitelisted marketplaces to buy CS:GO skins with crypto, then CS.MONEY is a great choice. With more than 15,000 different options available and an average discount of 17%, the platform offers a wide range of items and is highly trusted by the community.
Compared to other marketplaces, CS.MONEY offers lower transaction fees and an intuitive UI for new traders. However, there have been some controversies surrounding CS.MONEY, such as accusations of manipulating skin prices and allegations of hidden fees.
You can buy CS:GO skins with cryptocurrency on DMarket, one of the best whitelisted marketplaces. It’s had a fundraising campaign for Ukraine, raising over $17,500,000, and boasts a monthly visit count of 3.6 million.
Here are the main benefits of using DMarket vs. other marketplaces:
- 8K different items available for purchase
- 878K listed offers with a total value of $7.1M
- Average discount of 23.70%
- Supports both P2P and bot-based offers
- Seller fee of 3.00%
DMarket has had a major impact on the gaming industry, as it allows for the easy purchase of Steam items. It has also been instrumental in the adoption of cryptocurrency, allowing users to buy and sell items securely and quickly.
However, the platform still faces some challenges in the marketplace industry, such as high transaction fees and lack of some features.
Another great place to look at is CSFloat. It offers a secure and simple buying process, with a variety of popular cryptocurrencies accepted. With CSFloat, users have the benefit of low fees and swift transactions compared to other payment methods.
The security measures on CSFloat are also top-notch, with all transactions verified automatically to reduce the risk of scams. Additionally, no private information like API keys is needed for transactions, making it a safer option.
With features like the Market Checker, Float Checker, and the Trade-Up Contract Calculator, CSFloat has become a go-to platform for CS:GO traders.
You can buy CS:GO skins with cryptocurrency securely and quickly from CS.DEALS. It offers over 4,700 items with an average discount of 17 %. It has a 3.9/5 rating and is reviewed on Trustpilot.
Here are the top 5 benefits of using CS.DEALS to buy CS:GO skins with cryptocurrency:
1) Instant delivery of purchased items 2) Easy-to-use platform 3) Variety of payment options 4) Competitive prices 5) Secure transactions
To get the best deals, you should compare prices with other whitelisted marketplaces, use discount codes, and check for trade holds before buying. To avoid scams, always check seller ratings and reviews before making a purchase.
With more than 1,500 reviews and an average rating of 4.7 out of 5.0, you cannot go much wrong with SWAP.GG .The benefits of using cryptocurrency for skin purchases are numerous. They include low transaction fees, higher privacy, and faster transactions.
SWAP.GG also offers robust security measures to ensure the safety of your crypto transactions. They even compare favorably to other marketplaces in terms of their payment options.
When choosing a reliable crypto-friendly marketplace, it’s important to consider the security measures, payment options, and customer support available.
Buying CS:GO skins with crypto – step by step
Buying CS:GO skins with crypto is easy and straightforward.
Get a crypto wallet
First off, wisely choose a cryptocurrency wallet to store your crypto coins and tokens before you begin buying CS:GO skins with cryptocurrency. To ensure crypto security, look for a wallet that offers whitelist verification and secure wallet setup. Additionally, make sure that the wallet supports the digital asset you want to use for purchase.
Here are a few key elements to consider when selecting a crypto wallet:
- Multi-signature support
- Insurance coverage
- Security features, such as two-factor authentication
- Compatibility with different digital assets
We at Coinlabz recommend using some safe options like Bitrefill, Skin.Land and GamerAll.com.
Choose a trustworthy marketplace that accepts crypto
Choosing a trustworthy marketplace that accepts cryptocurrency for purchasing CS:GO skins can help ensure a secure and successful transaction. To do this, you should research crypto exchanges, digital wallets, and fees comparison to find the best option.
When we look at them closely, we can say that if you want a bigger variety of items to choose from DMarked and Bitskins lead the way with 15,8k and 15.4k items.
The best deals by average discount are on SWAP.GG with a 33.3% average and CS.MONEY with a 26.8% average. If you are the person who focuses more on reviews and the overall rating is important for your choice CS.MONEY with 4.9 and Bitskins with 4.8 are the best ones to look at.
After you have chosen a trustworthy exchange, you’ll need to follow the instructions on the chosen marketplace. Some will require you to deposit crypto, while others will request you to transfer it to the buyer.
You can start by taking the time to research the skin prices in the marketplace you plan to use. Make sure to also check out the selection of crypto available, as well as reviews of the marketplace.
Once you have done this, you can move on to selecting your preferred payment method. To ensure a safe transaction, check that the marketplace has effective fraud prevention in place.
Why not sell skins on the official Steam marketplace?
Here are the main reasons why usually traders avoid the Steam marketplace and are looking for different platforms:
- No withdrawal options: There aren’t any withdrawal options on the Steam platform, which means sellers will have a tough time cashing out their earnings. When you sell an item, the funds will be credited to your Steam balance which you can use to buy games on the platform or purchase gift cards to send to other users.
- Low prices: The most high-tier items won’t be listed here as Steam has a max limit price of $1800, which can be an issue for sellers with more valuable skins.
- Variety and amount: The above results in the lack of variety of items and access to fewer offers overall as it hinders the appeal to both buyers and sellers making Steam not the preferred marketplace for many.
Pros and Cons of buying Skins with crypto
Buying CS:GO skins with cryptocurrencies comes with its own set of advantages and disadvantages.
It’s important to weigh these factors when deciding whether or not to use cryptocurrency to purchase skins.
Using cryptocurrency to purchase CS:GO skins is becoming increasingly popular. There are a few key benefits to doing so.
Transactions are fast, and fees are low, making it a great way to cash out on crypto.
Additionally, it eliminates the need for international transfers, making buying skins easy to do from anywhere.
Transactions on blockchain networks are generally much faster than those through traditional payment methods. As crypto prices are highly volatile, so can the prices of skins change quickly.
Compared to traditional payment methods, the transaction fees can be significantly lower when using cryptocurrency, offering an affordable option for those looking to purchase skins, especially when it comes to international fiat transfers.
Seamless International transfers
Crypto is borderless, meaning you can make payments without any geographical restrictions. Also, Crypto payments aren’t subject to government or central bank regulations.
Great way to cash out on crypto
You can benefit from buying CS:GO skins with cryptocurrency, as it’s a great way to cash out on crypto. Crypto liquidity is also good, as it’s easy to exchange crypto for CS:GO skins. Plus, CS:GO trading is a great way to trade your crypto for skins.
Despite the potential benefits of using cryptocurrency to purchase CS:GO skins, one of the biggest drawbacks is its volatility. Basically, when you are paying with cryptocurrency, the biggest risk for you is if the coins that you paid surge in price in the next few days, meaning you missed potential gains. The bigger risk with that is for the buyer, who will get paid in crypto.
Not every marketplace accepts crypto
However, not every marketplace accepts crypto, and this can be a major disadvantage.
Transactions are irreversible
You should be aware that transactions with cryptocurrencies are irreversible. This means that when you purchase CS:GO skins with crypto, the transaction can’t be reversed or refunded and you would have access to limited customer support after the transaction is completed.
Frequently Asked Questions
What Cryptocurrencies Can I Use to Buy CS:GO Skins?
You can purchase CS:GO skins with popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. Some of the marketplaces accept a wider selection of altcoins as well.
Can I make purchases in other games with cryptocurrency?
Yes, there are plenty of games that you can buy with crypto or that accept cryptocurrency as a payment option for in-game purchases.
Is There a Way to Get Discounts When Buying CS:GO Skins With Crypto?
This is up to the marketplace policy. Some merchants offer discounts if they use a specific payment method, like cryptocurrency.
Are There Any Scams or Fraudulent Practices to Be Aware of When Buying CS:Go Skins With Cryptocurrency?
When buying CS:GO skins with cryptocurrency, be sure to research safe trading, secure payment, buying limits, user reviews, and market analysis. These steps are essential to ensure a safe and legitimate transaction.
Buying CS:GO skins with crypto is a great way to get your hands on some of the best skins in the game. Whitelisted marketplaces are the safest and most efficient way to buy and sell skins with crypto, and they offer a variety of different payment options.
All in all, buying CS:GO skins with crypto is a smart and convenient way to cash out on your crypto savings.
Angel Marinov is the Managing Editor at Coinlabz. With extensive knowledge of crypto payments and blockchain use cases, Angel is a trusted source of accurate and timely information