Cryptocurrency, or simply ”crypto” is a digital currency that uses cryptography to ensure transactions are secure. Bitcoin launched in 2009 and was the first crypto on the market. It remains the most popular, but today there are many alternative cryptos (Altcoins) available which all come with different functionality.
All cryptocurrencies are decentralized which means there’s no need for a bank to authorize or verify transactions. Instead, it uses a peer-to-peer system and high-level encryption to verify transactions between traders. When trading with crypto, the ownership is transferred between people anonymously using blockchain technology.
When we’re talking about crypto casinos, we’re simply referring to online casinos that accept cryptocurrencies as payment methods. At our top rated casinos of this type, you can pay and withdraw your winnings using Bitcoin, Ethereum, Litecoin and a range of other popular cryptos.
In order to play at a Bitcoin casino or other cryptocurrency casino, you’ll first need to create a crypto wallet or acquire some currency from an exchange site. This is done by exchanging your so called fiat currency (your governments currency e.g., USD or EUR), for some crypto. But more on that later…
Let’s look at the reasons why many a gambler nowadays choose crypto casinos over traditional gambling sites and why you might want to join them in taking the leap. Many players enjoy the privacy and anonymity, but there are also other benefits to Bitcoin and Altcoin casinos. Below, we’ve summarized the biggest ones.
Just like fiat currency, cryptocurrencies come with both pros and cons. For the sake of transparency, let’s also go through the downsides of playing at crypto gambling sites.
Now that you know all about crypto gambling sites, let’s guide you to finding the one that is just perfect for you. At this point, you might want to choose a casino site first, and a cryptocurrency second. So, take a look at our reviews of online casinos that accept crypto to find out more about sites that you find interesting. Here are some tips on finding the site that best meet your needs:
The good news is that casinos that accept BTC and other cryptos work pretty much the same way as traditional online casinos. The bad news is that you need a crypto wallet or sign up to a crypto exchange site and acquire some crypto first. Let’s take a look at how it’s done in the form of a simple step-guide.
We’ve already mentioned that crypto casinos offer a safe gambling experience thanks to transactions being done over the blockchain with cryptography and other high level encryption methods. On top of that, you can rest assured that our recommended crypto online casinos all come with a verifiable license from a reputable gambling authority.
This means that the casino operator and routines are audited on a regular basis by the license issuer. Even before getting a license and during the application process, casino owners have their entire gambling operations scrutinized by third party organizations like eCogra.
Adding another layer of security is the fact that casinos that accept cryptocurrency are built using open-source software and smart contracts. This means the casinos can’t cheat the players, since the players themselves can check the randomness of the games outcomes.
When playing a game at, for instance, a BTC casino or ETH casino, you’ll typically see a hash code published in the game interface before each game round. The random number generator (RNG) then does its thing after which another code is published. This second hash code can be used to compare with the first code and verify hat the outcome of the game round was completely random.
Today, there are thousands of different cryptocurrencies, known as Altcoins, on the market. However, only a few are widely used and have stood the test of time. If you’re looking for a cryptocurrency to gamble with, or a type of crypto casino, here are the most popular ones:
Bitcoin, launched in 2009 by the anonymous pseudonym Satoshi Nakamoto. It was the first cryptocurrency and still holds the highest value of all cryptos. Bitcoin casinos, or simply BTC Casinos, started popping up at around the same time and today there are more casinos that accept BTC than any other crypto.
Ethereum is a cryptocurrency platform where users can create their own cryptocurrencies using smart contracts. It’s also the home of Ethereum’s native cryptocurrency called Ether. The crypto is different from BTC on a technical level, but transaction speeds at ETC casinos are virtually the same. Casinos that take ETH as payment are a popular alternative to BTC casinos.
Litecoin is yet another popular crypto with slightly faster transactions speeds than Bitcoin and Ether. Bitcoin take 2.5 minutes to create a new block in the chain whereas LTC only take 2.5 minutes. LTC casinos are very common and gambling sites that accept LTC also often accept other cryptocurrencies.
Monero is a cryptocurrency with unlimited supply that uses privacy-enhancing technologies. Players at XMR casinos can enjoy a very high level of anonymity as it’s virtually impossible for observers to decipher hash addresses between the casino and players. There aren’t as many casinos that accept XMR as there are BTC and LTC, but we’re always on the look-out.
Dogecoin was created as a joke, specifically to make fun of the tendency of cryptocurrencies to be volatile. Fast forward and its now become one of the most popular cryptos for trading thanks to its high transaction speeds and usability. In our top list, you’ll find plenty of online casinos that accept Dogecoin, so called DOGE casinos.
Solana boasts the fastest blockchain in the world so it’s no surprise that SOL casinos are the quickest growing type of online casino today. The crypto is developed with a user-centered design approach so when playing at a casino that accepts Solana, players can enjoy a smooth and user-friendly banking experience.
If you for some reason find that cryptocurrencies aren’t for you, here are some alternative banking methods accepted by almost all casinos we recommend.
The term refers to an online casino that accepts the decentralized type of currency known as cryptocurrency. At these gambling sites you can deposit and withdraw money using BTC, ETH, LTC or other cryptocurrencies.
It depends on the Bitcoin casino. Make sure to choose a BTC Casino that has a verifiable license from a reputable gambling commission. Take a look at our top listed sites for licensed BTC and crypto gambling sites.
It depends on where you live. Some countries and governments block crypto casino sites, and users will typically get a notification when trying to access one. If you’re unsure, check with the laws in your jurisdiction.
You need some cryptocurrency in a crypto wallet or stored at an exchange site. The most popular cryptocurrencies are Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Dogecoin (DOGE). You can try most of our shortlisted crypto gambling sites for free before you decide on a cryptocurrency.
You can find the best Bitcoin casino sites in our list of top crypto gambling sites on this page. Compare bonuses and check the INFO button to learn more about a site.
We look at several factors when evaluating a crypto casino including welcome bonus, transaction speed, security, software providers, customer support and game offerings. Of course, we only recommend gambling sites with a verifiable gambling license.
Absolutely. When signing up to our recommended crypto casinos and gambling sites you can claim various bonuses like cash, free spins, cashback, and free bets to name a few.
Bitcoin (BTC) was the first cryptocurrency launched in 2009. The term Altcoin refer to all other cryptocurrencies that came after Bitcoin. For instance, ETH, LTC and DOGE.
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