In the world of iGaming, nothing quite beats the efficiency and quickness of cryptocurrencies when it comes to payments. From Bitcoin to Ethereum, to Ripple, to Litecoin, the power of the blockchain allows for smooth transaction guaranteeing anonymity at no cost to the players. For your reading comfort, we have a list of trustworthy casinos using cryptocurrency to deliver a higher-tier gaming experience.
Yet, understanding how cryptocurrencies work could be a bit of a challenge at first. Never to worry, though, because we have made sure to point all the advantages that come with choosing crypto casino sites, as well as how crypto works and how to buy this currency to start playing.
Our Recommended Crypto Casinos in February 2020
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- 1 Our Recommended Crypto Casinos in February 2020
- 2 Wild Casino
- 3 Slots.Lv
- 4 BoVegas Casino
- 5 Intertops Casino
- 6 Ignition Casino
- 7 The Best Cryptocurrency Casinos Today
- 8 Benefits of Cryptocurrency Casinos
- 9 How Do Cryptocurrencies Work?
- 10 How to Buy Cryptocurrency to Play at Blockchain Casinos
- 11 Best Types of Cryptocurrency to Use
- 12 Is Crypto Gaming Safe?
The Best Cryptocurrency Casinos Today
There are dozens, if not already hundreds, of crypto casinos and many of these brands provide you with all the benefits a top crypto website should. Starting with a complete anonymity and right to the point where you are cashing out your funds in the matter of minutes.
Using crypto has its fantastic upsides granting you flexibility in dealing with online casino payments like never before. To specifically identify the top cryptocurrency casino brands, we have done our due diligence.
Each casino we choose to recommend has been carefully analyzed by our expert. We know how to separate the wheat from the chaff and bring you the best crop of Bitcoin and Litecoin casinos.
Yet, you will soon realize that crypto iGaming spans a whole lot of extra currencies. Moreover, the casinos we recommend are still bound to the same industry standards as their best mainstream counterparts.
Benefits of Cryptocurrency Casinos
The upsides of using a cryptocurrency casino are quite a few in fact. One of the chief advantages is that you can usually deposit and withdraw without running into any issues at all. A bank cannot bounce your payment or slow it down, because it’s all handled by the public ledger.
Complete transparency dominates the crypto gaming sector, which is often needed to ensure the fairness of outcomes. Here are just some of the specific benefits of using crypto to play at casinos:
- Quick transfer of assets
- Low or completely annulled fees
- Guaranteed anonymity
- Easier to protect personal and financial details
- A growing number of prime venues to play at
- Decentralization allowing payments to happen smoothly
- No conversion rates and additional charges
Each aspect of the crypto iGaming experience has been designed to assist you achieve better synergies with casinos. Brands are also aware of the need for a hassle-free banking method and so blockchain transfers are becoming extremely popular.
The average payment or withdrawal time can take just a few minutes or up to several hours of the casino runs tighter checks. In any event, most of the checks are automated thanks to the use of blockchain and there should be no significant delays between requesting payment and receiving it.
How Do Cryptocurrencies Work?
Your knowledge of cryptocurrencies can be in-depth, down to the public ledger and the concept of decentralization, or you can follow the more user-friendly approach and focus on the frontend.
Either way, cryptocurrency is a digital token stored in a central network around the globe whereby every participant ensures the continuation of said network. In other words, as long as there are people who own cryptocurrency, the digital token continues to exist.
Best of all, most cryptocurrencies are self-correcting, thanks to the mentioned public ledger. In other words, the sender and receiver of transaction both verify that a transaction has happened – there are no shortcuts here and errors do not occur.
Meanwhile, the public ledger also keeps a record of the transaction and thus the authenticity of the transaction is confirmed.
How to Buy Cryptocurrency to Play at Blockchain Casinos
Before you can start playing at your favorite casino, you will need to obtain some cryptocurrency. For the purpose, you will have to find a trusted cryptocurrency exchange.
Coinbase is considered one of the best such venues, offering vault protection, mobile apps, and recurring buys. The website even features a detailed guide on how to buy individual cryptocurrency, such as Bitcoin.
Purchasing the cryptocurrency is easy, but to store it, you would need a trusted crypto wallet. Some players prefer to look up individual wallets, others prefer to stick with the wallets from the same place they bought their cryptocurrency.
Best Types of Cryptocurrency to Use
Playing at online casinos always offer a few challenges along the way, and you are probably wondering – which cryptocurrencies are best to play. The truth is it’s entirely up to you. Some casinos will focus on Bitcoin and BitcoinCash.
Others will offer Ripple, Dash or Litecoin. In most cases, a crypto casino will run the full array of cryptocurrencies. Most recently, Tron has become the dominant platform and cryptocurrency to use, thanks to low volatility and fairly broad network of gaming venues.
Is Crypto Gaming Safe?
Cryptocurrencies provide you with a level anonymity that helps you play safely and without exposing important information. Other than that, you can rest assured that a top-rated crypto casino meets international iGaming standards of safety. Many of these venues are distinct, award-winning operators with the necessary licensing agreements and checks.
All games you find at such casinos are provably fair, thanks to the Random Number Generator (RNG) and many developers are now specifically developing their games to be played with crypto. Meanwhile, established products are being adapted to include cryptocurrencies and join in on the wave of popularity that is crypto casinos.
Blockchain is a global inter-connected network where every participant verifies part of the action or transaction requested by users. This way all actions that happen on a blockchain network are completely safe.
Cryptocurrencies are digital currencies developed based on the blockchain. They are decentralized and therefore very popular as an alternative of government-controlled currencies.
Yes. Crypto is very safe as it provides a semi-anonymous way of conducting transactions. Participants have a designated ID which becomes their display name.
Bitcoin was the first cryptocurrency in the world. It was coined in 2009 and introduced as an alternative to FIAT money.
Cryptocurrency is sent via a crypto wallet. A user would enter the ID of a recipient and confirm the transaction. The blockchain that serves as the medium of transfer will verify the transaction via the public ledger, a public system of check and balances guarantee the safety of the network.
Yes. The use of cryptocurrencies at casinos has been growing steadily, as this payment methods offers immense opportunities to casino players, such as anonymity and expedient transactions.
There are hundreds of cryptocurrencies, but in terms of gambling, Bitcoin, Litecoin, Ripple, Ethereum and BitcoinCash must be the most popular types of assets.