The expanded usage of cryptocurrencies as payment methods has reached the online gambling industry. Thanks to its use of decentralized networks and the promise of safe and secure transactions, Bitcoin and other cryptos provide a convenient alternative to traditional banking methods. Today, there’s an increasing number of online crypto casino sites that accept digital currencies for payments. As a result, Bitcoin casino sites offer a more exciting, potentially lucrative, and secure way of betting on games.
- Many bonuses and promotions
- Wide selection of Casino Games
- Accepts Cryptocurrency
- Fast Widthdrawals
- Live Casino
- Easy-to-use website
- Casino games from top software providers
- Live dealer games
- Fast Payments
- Many bonuses and promotions
- Fast Payments
- Huge collection of slot games
- Live Casino
- Many bonuses
- Extensive collection of casino games
- Live Casino
- High monthly withdrawal limit
- Great bonus offers
- Accepts crypto currencies
- Live Chat Customer Support
- Huge selection of casino games
- Generous welcome bonus
- Multiple gambling verticals
- Offers a dedicated mobile app
But before you join this new trend and register an account, it’s crucial to review the features, benefits, and risks associated with blockchain technology. So read on and discover why crypto and Bitcoin casinos positively disrupt the gambling industry.
What is a Crypto Casino?
A crypto casino accepts cryptocurrencies as payment methods besides the usual bank transfers and e-wallets. Crypto casinos primarily support Bitcoin, Ethereum, and some alt-coins, including Litecoin, Dogecoin, Tether, and Cardano.
Crypto gaming offers top-tier security, fast payments, and privacy to players. In addition, you can play all popular casino games with extras. Crypto betting sites support provably-fair casino games, such as Bitcoin Crash, Hash, and Plinko.
In addition, Bitcoin casino sites traditionally boast unique promotions, including contests and races, and offer players with a crypto faucet.
The Technology Behind Crypto Casinos
The blockchain is the primary technology that runs crypto casinos. It is a digital ledger of transactions maintained across several computers linked using a peer-to-peer network.
For example, if one makes a payment through Bitcoin, it’s entered into a block. Once filled, it’s chained onto the previous block, chronologically connecting data, and secured via cryptography. Furthermore, it’s often decentralized, so no single person, group, or organization has control. This decentralized feature makes crypto a promising payment option for online gambling. In addition, payments are faster, and players don’t need to share their personal information to complete payments.
Finally, the best crypto casinos process payments for free, or at least with a minimal fee. If there are some fees, these are smaller, enough to cover the ‘gas fees’ or fees for verifying the transactions in the blockchain.
Crypto Casino vs. Traditional Online Casino – Which is Better?
There are several reasons why crypto casino sites like Bitcoin are better than traditional ones. First, Crypto casinos require the same registration and payment processing process. The only difference is the addition of cryptocurrencies as payment methods for deposits and withdrawals.
Traditional online casinos only accept standard payment methods such as e-wallets, bank transfers, and vouchers. However, Crypto gambling sites allow different cryptocurrencies, such as Bitcoin, Litecoin, and Dogecoin, enabling faster and more secure payment processing. Besides, crypto gaming also offers anonymity and extra security.
In addition, crypto sites offer more unique services in games and bonuses. In addition to the usual welcome bonus, deposit bonuses, free spins, and cashback, crypto betting sites throw something new and exciting to players. For example, Bitcoin casinos may use bonus or promotional codes or offer a crypto faucet.
How to Start Playing at a Crypto Casino?
- Click the ‘Sign Up’ or ‘Register’ button to create an account. You’ll need to provide a valid email address, username, and password. In addition, you may be asked for your mobile number as part of the Know Your Customer or KYC process. Finally, you may need to check boxes to agree to its Terms & Conditions and receive emails and marketing offers.
- Confirm your account by checking your email. Then, the operator will send an activation link. Just follow the instructions to activate the account.
- You can now top-up your account using Bitcoin cash or your preferred crypto upon activation.
- Once your deposit is confirmed, you’re ready to play!
Can’t decide where to sign up and play? If you’re a beginner or just want recommendations, you can browse this page to check our list of top BTC sites.
Advantages and Disadvantages of Playing in a Crypto Casino
Crypto gambling is now an exciting option for many thanks to a few advantages. With BTC and crypto gambling, you can enjoy a convenient and exciting way to play games. In addition, there’s no need to share personal data during registration. Sometimes, only your email is required to complete the signup. Safety isn’t an issue on most sites, and players can enjoy anonymity in transactions. Many BTC sites use modern SSL encryption technology to protect players’ data.
As mentioned, crypto sites offer better and more exciting bonus opportunities. For example, on top of the deposit bonuses and free games, these sites run social media promotions and contests and feature a crypto faucet.
However, crypto casino gaming also has risks. For example, players will find it hard to recover the account once it’s locked. In addition, it’s impossible to reverse a payment once completed.
How to Choose a Good Crypto Casino
Choosing a good crypto casino is vital and will take work. Before playing games with a crypto casino, check and verify its licensing information and reputation. A good cryptocasino also has a reliable Customer Support team and accepts different payment options, including Bitcoin, alt-coins, and even traditional banking methods. If you’re planning to go crypto for gambling, then use the following criteria to compare and pick the best crypto sites:
Security
Security is one of the top priorities when choosing casinos. Crypto casino sites are tough to hack due to their extra security and complete anonymity. However, traditional casinos are vulnerable to hackers as disclosure of personal information is required.
Speed of Payments
Players at crypto casinos can expect fast payments. Deposits are instantly credited to the player’s account, while withdrawals may vary depending on the casino’s Terms & Conditions. Usually, Bitcoin cash withdrawals take up to 24 hours, with some betting sites offering instant payouts. Sometimes, sites may require up to three verifications on the blockchain to complete, which often take minutes. Nevertheless, it’s a promising improvement for players since traditional banking methods may take up to seven days!
Variety of Games
Crypto betting sites also boast many Bitcoin casino games and a few extras. Here, you can play popular slots, from classic slot machines and jackpot games to branded slots. In addition, most of these BTC sites feature a wide array of roulette, blackjack, and live dealer games.
What truly makes a cryptocasino stand out is the presence of provably-fair crypto casino games such as Crash, Hash Dice, and Dice.
Customer Support
Reliable customer support is one of the most critical aspects of choosing a crypto casino gaming site. Most casinos offer 24/7 live chat, e-mail, and phone support. In this way, you can be sure that the casino is always responsive whenever problems arise at any time of the day.
Bonuses and promotions in Crypto Casinos
Casino bonuses come in many forms, and crypto-betting sites run some of the best promotions. If you sign up for a Bitcoin casino account, you can expect the usual offers such as deposit bonus, bonus cash, free spins, or cash back. In addition, there are a few exciting offers here that set these sites apart from the rest.
For example, many crypto betting sites now run crypto faucets.
Crypto faucets are unique to these sites as they allow bettors to collect free coins. Some sites may offer free coins every six hours, and some dispense free cryptos daily. In addition, some casinos run exciting social media campaigns. Followers can earn cryptos or bonus codes.
Conclusion
In summary, players choose Bitcoin casinos over traditional ones for several reasons.
You get a unique gaming experience with top-notch security, transparency, anonymity, speed, and decentralization. In addition, Bitcoin gambling sites offer players fantastic bonuses and games. In addition to free spins, these casinos feature faucets, provably fair games, and contests.
There’s privacy and security, too, since many of these sites allow anonymous registrations or by using only email.