Top Crypto Casinos & Bonuses
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Crypto casinos are changing the game in the online casino industry. Digital currencies such as Bitcoin, Ethereum and Litecoin are universal. Unlike fiat currencies, they are not limited by international boundaries. The same holds true when it comes to the internet casino business. It is a global industry. Players who register for accounts at sites are coming from places that span the globe.
As more people become comfortable with and grow accustomed to utilizing the blockchain, the number of people looking to use cryptocurrency to fund their online casino accounts only figures to grow exponentially. Many of the difficulties that arise from online casino play are usually created by the financial part of the equation – deposits to and withdrawals from an account.
The ease and convenience of use that cryptocurrency provides to online casino players eliminates the vast majority of those roadblocks.
Top Crypto Casinos
- Stake Casino
- Cloudbet Crypto Casino
Let’s look at some of the best crypto casinos operating in the industry today:
With an intuitive gaming platform and wide variety of provably fair games to play, Stake sets the bar high for online crypto casinos. With their VIP rewards program, cashback offers and deep bench of bonuses, Stake finds a way to keep the customers happy and playing. Players are only required to supply name, date of birth and residential address upon sign up. And Stake accepts well over 100 forms of cryptocurrency as payment. Stake.com is a major shirt sponsor of English Premier League club Watford.
They deliver an anonymous crypto site with strong security, including SSL encryption and two-factor authentication. Cloudbet offers a 100 percent signup bonus of up to 5 BTC. In 2021, the Crypto Gambling Awards recognized Cloudbet as the No. 2 crypto casino in operation around the world.
Founded in 2104, Bitcasino has grown to be one of the most popular destinations for players seeking out an online crypto casino. They offer a retro, old-school feel to their site, as well as several hundred games from some of the top providers in the industry.
Types Of Cryptocurrency Casinos
There are basically three options for players when it comes to online crypto casinos. Firstly, there are the standard fiat currency casinos that are now accepting payments in cryptocurrency as well. Examples of this are BetOnline and Bovada.
Secondly, there are those sites that bill themselves as crypto casinos, yet are still willing to accept payment in fiat currency, which is then changed over into crypto. These sites are considered to be true crypto casinos by purists.
The most popular casinos with cryptocurrency users are the ones that solely accept only forms of cryptocurrency as payment and pay out to winners in crypto as well.
Ethereum was among the first cryptocurrencies to gain widespread use and acceptance. It’s grown to become an extremely popular alternative to fiat currency and online casino operators have taken notice of this fact.
As more countries make the move toward legalized, regulated casino gambling and cryptocurrencies such as Ethereum become more mainstream in their use and acceptance, it is only going to serve to enhance the experience of playing inside an online Ethereum casino.
There are a variety of reasons why playing inside an Ethereum online casino makes perfect and logical sense for bettors. The benefits of an Ethereum casino over the traditional form of online casino can prove quite rewarding to the player.
To begin with, the level of security offered by playing with an Ethereum online casino is significant. Very little personal information will change hands during the signup process. The less personal information required to open a new account, the less of your data that’s put out there where hackers might access it should they try to attack the online casino site.
Ethereum transactions are relatively anonymous and are generally completed in rapid fashion. Funds are transferred almost instantly and with limited or no fees. Compare that to fiat currency transactions. Some of them can take anywhere from 48 hours to 3-5 business days to complete. On top of that, there’s no third-party participation from a bank or money transferring company. Thus, there’s no involvement in the process from any government-regulated financial institution whatsoever.
Ethereum casinos usually offer higher deposit and withdrawal limits to Ethereum customers.
Choosing An Ethereum Casino
When seeking out an Ethereum online casino, first of all it’s vital to verify that the site is licensed and regulated. That way, you can rest assured that your cryptocurrency is safe and sound.
Next, does the casino offer the games you are seeking to play? If you’re a slot player, ensure that they have an extensive library of slot options. Ditto if table games are your forte. Likewise, check out the availability of live dealer casino games if those are to your fancy.
When the first online casinos were launching in the mid-1990s, they were game changers in the gambling industry. Suddenly, bettors weren’t even required to leave their own home in order to play their favorite slot machines or table games. They could sit in their living room and enter the casino virtually.
Another major change to the online betting industry arrived with the creation of Bitcoin in 2009. The emergence of digital currency enabled bettors to put money into these accounts in virtual anonymity. Meanwhile, recognizing the emergence of digital currency as a legit form of funding, online casinos began encouraging players to enter into the blockchain by offering significantly higher bonus and promotional offers that were connected to the use of Bitcoin.
As Bitcoin has grown, it has become more widely accepted as a form of currency to purchase goods and services. Online casino betting is a multi-billion dollar global enterprise. For Bitcoin to connect and be accepted by this industry is massive for digital currency’s growth and acceptance.
Since it is not a government regulated form of currency, Bitcoins are able to be moved via money transfer completely void of the fees that so many financial institutions affix to transactions. That makes gambling with Bitcoins speedier and offers the further advantage of ease of use.
As well, the fact that these Bitcoin transactions take place without any government overseeing them makes the process relatively anonymous. Very limited personal information is required in order to open a new account at these sites.
Choosing A Bitcoin Casino
On the surface, Bitcoin online casinos don’t look any different than standard online casinos. They offer the same variety of games, from slots to jackpot slots, to table games like baccarat, blackjack and roulette, to poker. There are also the popular live dealer casino games available.
The difference is that they accept Bitcoin as a funding method for accounts. Some sites are only partial Bitcoin casinos. They still accept traditional fiat currency as well. A true Bitcoin casino such as 1xBit.com accepts only Bitcoin and other forms of cryptocurrency to fund accounts on their site.
Remember that when choosing a Bitcoin casino, it’s always wise to go with a site that is licensed and regulated.
There are well over 100 forms of cryptocurrency in existence today. The CryptoBet Casino has even created its own cryptocurrency, CrypoBet (CBET).
Some of the most popular forms of cryptocurrency that will be accepted as payment at all legitimate crypto casinos include Bitcoin, Ethereum, Tether, Litecoin, Dogecoin, Ripple, Bitcoin Cash, NEO, Binance Coin, USD Coin and EOS.
Advantages To Crypto Casinos
Playing with cryptocurrency is a very convenient option. It’s not necessary to utilize a third-party to move funds such as a bank, credit card or money transfer service. That factor tends to eliminate the pesky fees that financial institutions are infamous for imposing upon customers.
Cryptocurrency moves quickly. A crypto transfer can usually be completed in 10 minutes or less. Most will be accomplished in an instant. Moving fiat currency can often be a painstaking process. Some financial services will require up to 3-5 business days to complete a transfer. The value of a crypto transfer is especially vital in the case of withdrawals. There are many sites where withdrawing funds can be a major challenge because of the limited number of financial sites that will process them.
Best of all, cryptocurrency is a relatively anonymous method to fund a betting account. Little personal information must be provided in order to open an account. Generally, date of birth and an email address will suffice. There is no involvement in the financial transaction from any government agency. Casinos connect with a player’s cryptocurrency wallet in order to transfer funds.