Top Crypto Casinos
Why Are Crypto Casinos So Popular?
It’s worth mentioning that cryptocurrencies gained a huge popularity and transferred from the so-called “niche” to the main financial instruments. This unpredictable attraction of the growing number of people became the reason why all crypto casinos have flourished in recent years.
Using cryptocurrency can be confusing if you’re new to it, so you must go through a learning curve. You need to learn about wallets, exchanges, and security. Also, you have to learn about advantages crypto currency casinos have over fiat casinos and what odds they provide.
Complete Privacy
Cryptocurrencies offer more privacy, as you don’t need to share as much personal information as you would with credit cards or bank transfers. The anonymity (albeit pseudo) keeps your gambling habits more private. This means that all your earnings are hidden from banks and the transactions made can’t be tracked as they are performed through the blockchain.
Such independence attracts gamblers more and more, as the anonymity is a keystone of using the best crypto gambling sites. Users appreciate the absence of the third parties between their fair gameplay and the casino itself while making deposits or withdrawals of their funds.
Security Guarantees
Anonymity that crypto casinos provide directly explains the security and fairness of means of financial transactions. Using cryptocurrency for gambling excludes the need to share and expose your personal data. No disclosure of sensitive personal and financial information protects it from potential risks such as data theft and fraud.
But it is essential for gamblers always to take steps to protect their digital assets. You must double-check and triple-check when you copy a crypto address. All such transactions are irreversible, so if you send money to another account or indicate a different address than yours during a withdrawal, your funds may be lost.
Fast Transactions and Withdrawals
If you want the transaction process to be smooth and speedy, then crypto casinos are definitely your choice. Crypto payments are usually quicker than traditional methods. You can deposit and withdraw money in minutes rather than days. The speed factor is great for players who want crypto casino instant withdrawal options that won’t make them wait for days.
Also, using cryptocurrency often means lower transaction fees. Traditional banking methods can have high fees, especially for international transfers, which is a concern for Indian players as they play at global casinos. With crypto, the fees are usually much lower, or they are absent.
Worldwide Accessibility
Cryptocurrencies are not bound by borders. You can play at any crypto online casino that accepts your chosen digital currency, no matter where you live. As a result, you have more options as long as the gambling website has a valid licence from a reputable authority.
The global accessibility allows players to use cryptocurrencies without switching from one coin to another despite their current location. This resolves the problem of casinos that are limited to using currencies bound to a certain locality. Such model of funding is very convenient for people who travel a lot or who don’t want to bother themselves with additional financial issues.
Crypto vs. Fiat Casino
There are two main ways of making transactions at online casinos: crypto currency and fiat. Let’s compare these funding models to decide which type of online casino has the upper hand in the end.
Variety of Payment Options, Fees, Withdrawal Times
Obviously, payment options at crypto casinos are limited to existing cryptocurrencies only. But even if the casino accepts crypto, it doesn’t always let users pay in the coin/token they desire to use. Fiat casinos allow using bank transfers and other fiat processors, so the choice of payment options may be wider.
On the other hand, using fiat options you are more likely to pay additional fees for the transactions, while cryptocurrency demands lower fees or lets you avoid them at all. Also, all financial transactions are performed much faster with crypto, while fiat options may cause delays.
Anonymity and Security
In this aspect, we’d say that crypto casinos are much more reliable. Because while using fiat casinos you’re obliged to share your personal and financial information, that makes transactions less anonymous and secure due to potential risks. The blockchain, which is used for performing crypto transactions, does not require any of this data.
Volatility
Fiat casinos take this round here, as they are using more stable currencies. You don’t have to be an expert to understand the drastic fluctuations of exchange rates on cryptocurrencies, even on the most popular ones. However, there are exceptions, stablecoins. For example, Tether’s price is tied to the US dollar, so its cost remains the same. Still, you may withdraw your winnings and exchange them at one rate, but then the price increases. This means that you’ve lost money on that exchange.
How to Choose the Best Crypto Casino
Choosing the best crypto casino can be tricky, but here are some tips to help you out.
- Licensed casinos. Verify that the casino has a licence, as it’s the best protection for players. Check for licences from reputable authorities like the Curacao Gaming Commission, Malta Gaming Authority, or the UK Gambling Commission. A licensed casino follows strict rules, making it safer and more reliable.
- Withdrawals and deposits. Look for casinos that offer fast and easy withdrawals and deposits, and also check if they support your preferred cryptocurrency. Some casinos may have fees or limits on transactions (from the payment agent side), so read the terms.
- An endless variety of games and casino promotions. The best online crypto casino offers a wide range of games with different themes or peculiarities. Popular choices among players are slot machines, card and table games, crash games, live dealers, and so on. Check out if these sites have good promotions, preferably with transparent terms and wagering conditions. Bonuses can give you extra value and more chances to win.
- Phishing scams. Always be careful with your personal information, as nowadays, phishing scams are common. Never click on suspicious links or share your passwords. Use complex, unique passwords for each account to keep your information safe.
- Trusted exchange. Use a safe exchange to buy and sell your cryptocurrency. Popular exchanges like Coinbase or Binance are known for their security and reliability, but check reviews and ratings before using any option.
- Use trustworthy digital wallets. Many prefer hardware wallets (cold) as they aren’t connected to the Internet, so they are harder to hack. However, others use software (hot) wallets if they’re from reputable companies. Hot wallets are easier to use, and they are cheaper. If you choose a software wallet, don’t store a large amount of coins in it.
Most Popular Cryptocurrencies
There are thousands of coins and tokens, yet some are more popular than others. Here are the top casino crypto currency options:
- Bitcoin (BTC);
- Bitcoin Cash;
- Ethereum (ETH);
- Litecoin (LTC);
- Dogecoin (DOGE);
- Tron (TRON);
- Tether (USDT);
- Binance.
Bitcoin is the most popular cryptocurrency. Almost every online casino accepts it, as it’s convenient for deposits and withdrawals. Transactions are fast, and fees are generally low. Because it’s widely accepted and relatively stable (as far as crypto can be), it’s a great choice for online gambling.
Bitcoin Cash is a spinoff of Bitcoin. It offers lower transaction fees and faster processing times. Many online casinos accept it, yet it’s not as popular as Bitcoin; still, it’s a good option.
Ethereum is another popular choice. It’s known for its smart contracts, dApps, and fast transactions. Most casinos that accept crypto definitely have Ethereum as an option. It’s convenient for deposits and withdrawals, but fees can be higher during busy times.
Litecoin is similar to Bitcoin but faster and cheaper. It’s a popular choice at many online casinos. Transactions are quick, and fees are low.
Dogecoin is less popular than others, but widely accepted. Transactions are fast and cheap, and no one is laughing now, considering that Doge was created for the lols.
Tron is designed for entertainment, including online gambling. It offers fast and low-cost transactions.
Tether is a stablecoin, which means its value is tied to the US dollar. It’s popular because it doesn’t fluctuate much. It’s accepted at many online casinos and is great for stable, reliable transactions. Most players prefer it because it’s easier to comprehend exchange rates since USDT is tied to USD.
Binance Coin is the native currency of the Binance exchange. It’s becoming more accepted at online casinos. Transactions are fast, and fees are low. It’s a good option for those who already love and use Binance.
Popular Crypto Games
If you think crypto casinos are limited to a certain amount or type of games due to their funding system, then you are entirely wrong. They have the same, in some cases even wider, selection of games as fiat casinos. Crypto technology allows gamblers to have multiple choices of software providers and casino games, from online slots to table games and even crash gambling. Below, you’ll find the casino games one can usually see at crypto casinos.
- Crypto Slots. You also may encounter with such namings as Bitcoin slots, Ethereum slots, etc. But these are the same slots which have one thing in common. They all can be played with cryptocurrency. And good news, you don’t have to give up your favourite slots. Just find a reliable crypto online casino, find the slot you used to play at fiat casinos, fund your balance with crypto currency you prefer, and you are ready to go!
- Crypto blackjack. Blackjack is possibly one of the most popular table games among the gamblers. You won’t find an online casino that doesn’t have this game in its library. Crypto casinos are not the exception. They offer crypto blackjack, meaning that while playing, you make bets only with digital currency.
- Crypto roulette. The game that doesn’t involve cards for gameplay. You place bets with cryptocurrency on the outcome of spinning wheel. All transactions within the game and from the game to your account are also performed in digital currency of your choice.
- Crypto poker. It’s basically the same classic poker (or any other variation of a poker game) where you compete with other players for the best hand. Again, all your bets and winnings are placed or transferred in cryptocurrency as well.
It doesn’t matter which game you play or choose, the best crypto gambling sites provide its players with a top-notch experience and broad library of casino games.
What Is the Best Crypto Casino?
There isn’t a «one-fits-all» definition of the best crypto casino. However, there are a few criteria that guarantee fair conditions and chances to win, ease of use, and so on. These factors make it convenient to use the crypto casino, which is best for the player.
So, what’s the best cryptocurrency casino? It’s a site that has a licence. A licence means that the website won’t accept underage players, has responsible gambling resources, follows AML and KYC guidelines, and generally guarantees fairness.
The best crypto casinos offer a wide range of games. Look for slots, table games, and live dealer games from top software providers. A versatile game library keeps things interesting and gives you more chances to win.
Generous bonuses and promotions can boost your bankroll, so the best cryptocurrency casinos should offer a few such gifts. Check for welcome bonuses, free spins, and loyalty rewards from VIP clubs. A good casino should have fair terms and conditions for these offers, so look at the wagering requirements under a magnifying glass.
It’s also worth playing only at casinos that accept at least five cryptocurrencies. Otherwise, it’s useless. Other factors that make a crypto casino high quality are professional customer support, user-friendly website interface, and mobile version/app.
Pros and Cons of Crypto Casino Payments
There are different reasons why people choose Bitcoin casino sites or any other crypto casino. In some cases, users want more privacy and security when sharing sensitive financial information. In other cases, players merely benefit from fast and cheap deposits/withdrawals.
But everything has its pros and cons, including cryptocurrencies. Specifically, payments in this digital currency at an online casino. Check out the pros and cons below to see the full picture.
- Faster transactions;
- Lower fees;
- Anonymity and privacy;
- Global accessibility for everyone.
- Volatility;
- Limited acceptance at online casinos.
Crypto Casino Bonus
Bonuses are the great way to attract new players or please existing ones, so they are the essential part of casinos’ marketing strategy and players’ routine gameplay. Let’s look at the bonuses that crypto casinos offer.
This is the first bonus a player gets as a greeting gift. Usually it matches your initial deposit and some casinos may add extra perks. For example, a player can get 100% welcome bonus of up to 0.05 BTC plus 200 free spins.
This type of bonus is familiar to welcome bonus, instead you’re making a deposit as an existing player. Also, deposit match bonuses can be given as free spins or a combination of both.
It’s the most popular type of bonus, and they are usually given as extras to some other promotions. However, in some cases they can be given for a specific slot.
Best Alternatives to Crypto Payment Method
If you’re new to cryptocurrency or don’t feel comfortable using it, you can always consider these safe alternatives:
They are secure and widely accepted. However, they can be slow, taking several days for transactions to process. This method works well if you don’t mind waiting a bit for your funds.
PayPal is a popular choice for many online transactions, so it’s widespread in online gambling. It’s fast and secure. Most online casinos accept PayPal for both deposits and withdrawals. It’s easy to use and offers complex buyer protection.
It’s another great alternative. It’s an e-wallet that allows you to make quick and secure payments. Many casinos accept EcoPayz, which supports multiple currencies. Transactions are fast, so it’s a convenient choice for many gamblers.