Just recently, cryptocurrency burst into our world, and today it is one of the most popular ways to pay by interest. So when online casinos saw the speed and security of verifying such payments, they simply couldn’t help but adopt it. As a consequence, now in the gambling industry, almost every casino can not only deposit but also withdraw money using various cryptocurrencies, quickly and securely. In addition, there are a number of casinos that allow their users to play on this very crypto, using it as the main currency of the balance.
However, not all people are familiar with them, so we have created this guide, in which we will review the important factors of crypto, as well as give some tips. In addition, at the end we will add more information about the pros and cons of using it, as well as possible casino bonuses.
Advantages of cryptocurrency
ETH and many other currencies are popular for a reason, because there are many advantages hidden in them. In addition, the deposit and withdrawal limits are often much higher this way, which is very favorable for high rollers.
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The most important plus is undoubtedly the complete confidentiality of your identity when making payments with cryptocurrency. Thus, you guarantee the safety of your funds, as well as information that even the government can’t get its hands on.
Speed of payments
As a rule, any other payment method also talks about its speed, but in reality there are often delays, especially with bank cards. However, any of the cryptocurrencies will come to the rescue, which will not make you wait long, because once you send a withdrawal request, it will take only a couple of minutes to receive it. Most users are guided by this very reason, choosing cryptocurrency as the main method of conducting transactions.
Just you and the sender
Cryptocurrency transactions are done directly, without the involvement of third parties. This eliminates the risk of theft and additional commission costs.
Very small commissions
One last plus, but not the worst one worth mentioning, is the minimal amount of commission charged. After all, the casino itself will never take a commission when using this payment method, and if you have to pay for the transaction, it will be much cheaper than analogs.
Top popular cryptocurrencies used in gambling sites
As it happens with every new innovation, at first it seems strange and frightening, and that’s why a couple of years ago no one even thought about this way of using it. However, years later, smart people have been able to incorporate cryptocurrencies into most aspects of life, attracting many people with significant benefits. Everyday technology is advancing, and the same use of crypto is becoming much safer and faster, providing a much more convenient and global service.
Now, let’s take a look at the most popular coins used in casinos:
Ethereum (ETH)
Despite the fact that there is a huge number of coins, ETH confidently holds the second place in popularity, right after bitcoin. As soon as this currency appeared, its superiority in the speed of transactions compared to bitcoin became immediately noticeable. In addition, another undeniable plus is that the commission for using this coin is usually lower than that of BTC, but at the same time it is less secure – this, by the way, is the only disadvantage. However, despite this, this coin is still considered to be one of the best solutions when choosing a payment method.
Bitcoin (BTC)
And here we come to the nugget of all cryptocurrencies that started it all – bitcoin. I think no one will argue that this coin is the most sought-after and popular all over the world, which is why it is accepted in many casinos. In addition, you can find platforms where, in addition to BTC, no other altcoins are accepted, because its safety and reliability are the highest. In addition, bitcoin is considered a fully decentralized currency, which means that you can be sure that only you control your funds.
Bitcoin Cash (BCH)
In fact, this currency can be called an improved version of its fellow bitcoin. In fact, BCH was created in order to eliminate all the shortcomings, speed up transaction processing and reduce the commission for this. Therefore, many gaming sites choose it as the main payment system to conduct transactions through it.
Litecoin (LTC)
Developed back in 2011, Litecoin is nothing less than one of the first coins to appear on the market, and gain worldwide recognition. It used the source code from bitcoin for its development, and so it shares many similarities with it, but it still has a few unique features. For example, its transactions are 4 times faster and it is characterized by increased liquidity. In addition, it is also one of the most popular cryptocurrencies used in the casino industry.
How to start playing with crypto?
Have you read this article, and now you also want to use crypto exclusively? We will help you with this, because you just need to create your wallet, which will not take much time. Use the special instructions below to do it:
1. Choose and create a crypto wallet.
The first thing you need to do is to create one of the wallet types, among which there are: hardware, desktop, web and mobile. Choose it focusing solely on your preferences and tastes, and you can read reviews to be sure. However, if you still don’t know which one to choose, we advise you to watch a couple of videos on this topic.
2. Refill your wallet.
Have you finally chosen and created a wallet? That’s great, but you have it empty, so you need to replenish it using the services of one of the exchanges. In turn, exchanges are convenient because you can replenish your wallet using basic banking methods, but always remember that in such cases the commission may be higher.
3. Register at the casino.
You have done all of the above and can’t wait to start playing, but there are still a few details left to do. First of all, decide on the platform you are going to play on, having studied all the deposit methods in advance, and read the reviews. However, if you don’t want to waste your time, you can simply choose one of our online casinos and register, because we’ve checked everything for you!
4. As the main method of payment, choose any crypto.
Once you have successfully registered, you will have to choose the main currency for the transaction, so go to the section related to your money. After that, select your preferred payment method, namely Bitcoin.
5. Make a deposit to your account.
If you are worried about this happening for the first time, then strictly follow the instructions provided on the site so that you don’t make a mistake. Also do not forget that you can still take advantage of special bonuses, with which you can get some nice plushies.
6. Start Playing With coins.
You have done everything right and the money has arrived in your account? That’s great, now all you have to do is start playing by choosing your preferred slot and start having fun.
FAQ
- Which crypto casino is the top one?
It is impossible to say exactly the top casino, because there are so many opinions. However, you can choose the best one for yourself according to several criteria, or choose one of the ones proposed by us.
- Is it legal to play in such casinos?
Of course, but there are exceptions to this. Make sure that the online casino you choose has a license from the regulatory authorities, as well as what is not prohibited in your country.
- What is the difference between a regular online casino and crypto?
As a rule, the concept of crypto casino is tied only to crypto coins, with the help of which the process of playing. Therefore, there is practically no difference between a regular online casino and a crypto casino.
- What are the pros of playing at a crypto casino?
Everyone chooses their own reasons for using cryptocurrencies, but the most common ones are security, speed, and small fees.
