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What Are Crypto Casinos And How Do They Work?
A crypto casino is a gambling platform that allows players to use cryptocurrencies. Thanks to the increasing number of reliable cryptocurrencies, players can make quick deposits and withdraw their winnings very fast. Before you start using cryptocurrencies at online casinos, it’s worth understanding how they work.
The concept of cryptocurrency was invented in 2008 when the anonymous Satoshi Nakamoto introduced Bitcoin (BTC). Since then, many cryptocurrencies such as Ether (ETH), Dogecoin (DOGE), Litecoin (LTC) and Ripple (XRP) have emerged. Cryptos are digital currencies that use a decentralised system to record and verify transactions. They rely on blockchain technology to ensure a high level of safety, transparency and anonymity.
Crypto casinos will let you use your preferred cryptocurrency for deposits and withdrawals. They also boast games that are directly compatible with cryptocurrencies. So, you don’t need to convert your balance every time you want to play your favourite titles. But this is not the only benefit of crypto casinos. Read until the end to discover them all.
How We Find The Best Crypto Casinos?
Finding the top crypto casinos is one of the challenges faced by many players. Search no more since our experts have already reviewed and ranked the best casinos that use cryptocurrency. We recommend licensed casino sites that go through stringent quality checks involving the following steps.
Shortlist The Available Casino Sites
The list of crypto casinos keeps growing every day because of the increasing popularity of cryptocurrencies. So, the first step is to shortlist the ones we come across. Then we can start separating the good from the bad.
Check Whether The Crypto Casino Is Licensed
A gaming licence is always a prerequisite when choosing crypto casino sites. We always make sure that all casinos listed here are licensed and regulated. They must hold valid licences from trustworthy gambling bodies like the UK Gambling Commission.
Examine The Crypto Payment Methods
Our experts look into each crypto casino’s payment methods to ensure there are reliable options. We expect to find popular cryptocurrencies like BTC, BTC Cash, ETH, DOGE, LTC, XRP and others. With so many banking options, it’s easy to find your favourite.
Make Sure The Bonuses Are Good
The best crypto gambling sites always have incentives for all players. They have enticing welcome bonus offers for new players and more exciting deals for existing customers. Furthermore, their bonuses must have friendly terms.
Check The Available Casino Games
We must check the casino’s games library for diversity. A good casino will offer top-notch games from industry-leading developers. At our crypto casinos, you can play slots, table games and live dealer options.
Inspect Security Measures
All of our crypto casino websites undergo a thorough review process to check for security. We only pay attention to operators using trusted security technologies like HTTPS and SSL. That way, your personal and banking details are encrypted and secured during transmission.
Create An Account
Once we perform the necessary background checks, we test the crypto casino website. We begin by creating an online casino account. This entails entering the required information on the registration form and verifying the information.
Deposit Using Cryptocurrency
This step allows us to evaluate the speed and reliability of the casino’s banking methods. We log into the newly created account and fund it using any of the cryptocurrencies. Of course, we have to provide the minimum deposit amount needed to claim the welcome bonus.
Claim A Bonus And Play
The next step is to grab the welcome bonus. We claim free spins to try slot games and bonus money for other casino games. Moreover, we examine the entire process of claiming a casino bonus to see how effective it is for players.
Beat The Bonus Wagering Requirements
Crypto casino sites normally offer bonuses with terms and conditions. The wagering requirements are probably the most significant of them all. We check to ensure that they are fair enough and meet them to benefit from bonus winnings.
Withdraw Casino Winnings Using Crypto
The best crypto online casinos will allow you to deposit and cash out using cryptocurrencies. We test the entire process, from deposits to withdrawals, to confirm that everything is seamless. A dependable casino will always facilitate quick transactions no matter what.
Give An Overall Rating
If a crypto casino meets the above criteria, we have every reason to list it here. We use the various parameters discussed here and player reviews to rate each casino. So, you can pick from our list of top-rated crypto casinos, sign up and gamble online confidently.
Bonuses You Can Claim At Crypto Casinos
Like most gambling sites, the best online casinos that accept cryptocurrencies offer bonuses. You should capitalise on the available promotions to play without risking too much money. Learn more about the most popular crypto casino bonuses below.
Welcome Bonus Offers
A welcome bonus is the first and usually the most generous promotion you can claim at crypto casinos. It’s created to entice new players to sign up. The incentive may include some bonus funds or free spins.
Match Deposit Bonus
Most crypto casinos will award welcome offers as a percentage of your deposit amount. Such bonuses are known as match deposit bonuses. For example, your first deposit bonus can come with an extra 100% bonus up to a specific limit.
We recommend claiming free spins if you want to play slots with your crypto deposit. Casino operators can award tens or even hundreds of free spins. As you claim them, you should remember to play the selected slots and meet the bonus terms.
No Deposit Bonuses
Most casino bonuses require you to provide a minimum deposit to play. However, some operators really want you to sign up, so they will offer no deposit bonuses. This means that you can play games for real money without investing.
Promotions For Existing Players
Offering hefty bonuses and promotions is the best way to motivate existing players. The best cryptocurrency casinos do this by offering reload bonuses, cashback offers and loyalty perks. Others have a VIP scheme with exclusive perks.
Are Crypto Casinos Safe?
Top-ranking crypto casinos rely on HTTPS technology to secure connections and use SSL to encrypt your data. In addition, the blockchain utilises cutting-edge cryptography to safeguard transactions against authorised access. And cryptocurrencies are better than fiat currencies when it comes to transparency and anonymity. For instance, you don’t need to share your bank account or card details with crypto casino operators.
Pros And Cons Of Crypto Casinos
If you are new to crypto casinos, you are probably wondering why you should join them. Another pertinent question is, do casinos that use cryptocurrency have any drawbacks? Well, we provide unbiased information, so we’ll help you understand the advantages and disadvantages of cryptocurrency casino sites.
Mobile Compatibility At Crypto Casinos
Modern online crypto casino websites are fully optimised for mobile gaming. They are designed using HTML5 technology to be compatible with all devices. So, you can play real money crypto casino games wherever you go using a smartphone or tablet.
The most common option for mobile gamers is to visit the mobile casino website. You can do this using any mobile browser such as Chrome, Safari or Firefox. Some crypto casinos have also created apps for Android or iOS devices. Your work is to download and install the appropriate app for your device to start playing.
Processing Times When Using Crypto At Online Casinos
Fast processing speed is undoubtedly one of the benefits of crypto casino gambling. If you have your crypto ready in a wallet, you can deposit funds into your casino account instantly. The best crypto casinos will also process withdrawal transactions swiftly. But we must mention that operators set their withdrawal terms. For instance, they may have a pending period to verify payments.
Advantages Of Using Crypto At Online Casinos
There’s no doubt that crypto casino sites offer several benefits that keep attracting players. Some of the advantages of casinos that accept cryptocurrency are not available at fiat casinos. We have summarised the major perks of these casinos below.
The number of cryptocurrencies has grown tremendously since the inception of Bitcoin. Crypto casinos not only use BTC but also accept other well-known digital currencies. Casino players can use ETH, DOGE, LTC and XRP and other crypto options.
Cryptocurrencies are among the safest payment methods you can use for online gambling purposes today. The blockchain uses cryptography to encrypt transaction data. And you can enjoy transparent and anonymous casino payments without sharing your banking details.
Crypto gambling is the way to go if you want to make quick payments at online casinos. Casino deposits made using cryptocurrencies are almost always instant. The best casinos will also make sure that you can withdraw your winnings fast.
The top crypto casinos will meet your gaming needs with all types of games. Great operators partner with renowned game providers to offer all types of games, from slots to table games. And you can play provably fair games like the widely popular dice games at Bitcoin casinos.
Cryptocurrencies are some of the most affordable banking options for online casino players. You’ll notice that the best casinos will not charge you when depositing. Likewise, you are unlikely to incur any costs when withdrawing your money.
Players can choose from many different bonuses at the leading crypto casinos. Almost every casino you can find today offers a welcome bonus to new players. And you can always collect a bonus or participate in promotions as an existing player.
Games You Can Play At Crypto Casinos
The most attractive crypto casinos work together with different game providers in the industry. They establish strong partnerships with popular game developers like NetEnt, Microgaming, Playtech, Evolution Gaming and Play’n GO. Thus, they are capable of offering all kinds of top-quality games, including provably fair options.
Below is a list of the best games you can play at crypto casino sites.
● Online Slots: Choose from classic slot machines, video slots, 3D slot games and progressive jackpot slots.
● Table Games: Play games like baccarat, blackjack, roulette, craps and poker.
● Live Dealer Games: This category includes live versions of blackjack, roulette, poker, baccarat and TV game shows.
● Provably Fair Games: Games like provably fair dice allow you to verify the results.
How To Use Cryptocurrencies At Online Casinos?
The process of using cryptocurrencies at online casino sites is quick and convenient. You should buy your favourite cryptocurrency and store it in a wallet to get started. Once you do that, you can follow our comprehensive step-by-step guide below.
Choose A Trustworthy Crypto Casino
Our experts have compiled a list of licensed crypto casinos on this page. Go through our recommendations and find the perfect fit based on your needs. Keep your preferred cryptocurrency, casino games and bonuses in mind while picking.
Sign Up And Get Verified
You must create an online casino account to enjoy the benefits offered by any crypto gambling site. Go to the registration page of the chosen casino and enter your personal and financial details. Remember to verify your account details as early as possible.
Deposit Funds And Claim A Bonus
Visit the cashier and select the cryptocurrency payment method you want to use. Enter the minimum deposit or more and follow the simple instructions to authorise the payment. Find the welcome bonus and claim it to start playing with bonus money or free spins.
Play And Withdraw Your Winnings
Look for the qualifying games to play with your casino bonus. You can pick slot games, blackjack, poker, roulette, baccarat or even live dealer games at our casinos. Be sure to meet the wagering requirements and choose a crypto banking option to cash out instantly.
Crypto Casinos Vs. Fiat Casinos
The vast majority of online casinos use fiat currency, but are they better than crypto casinos? Don’t worry if you don’t know which one to choose. We have compared both options below, highlighting their possible benefits and downsides.
Play Real Money Games At The Best Crypto Casinos Now!
There you go! If you have decided to sign up at a crypto casino, check our top picks on this page now to try your luck. Make sure to grab your welcome bonus, and don’t forget to gamble responsibly. And above all, have fun at the best crypto casinos!