Crypto casino

The popularity of BTC and altcoins is constantly growing, and at the same time, the number of players using virtual assets for mutual settlements is also increasing. Therefore, the trend of spreading online crypto casino sites is not surprising. There are more and more people who want to play with digital coins. Here we will talk about gaming experience in cryptocurrency casino, its advantages and disadvantages, types, specifics and mention the best crypto casino sites today.

Benefits of cryptocurrency casino

The first gambling sites accepting BTC and altcoins appeared in 2010. Initially, they were not very popular, but today they confidently compete with regular casinos due to the following advantages:

• Increased maximum limits for transactions.
• A wide range of bets when playing slot machines.
• Support for different types of cryptocurrencies.
• Simplified procedure for making deposits and withdrawing funds.
• Accelerated payouts.
• A wide range of gambling entertainment.
• The ability to play for Bitcoins and other cryptocurrencies at tables with live dealers.
• Favorable bonus offers for new and regular customers.
• Multi-level loyalty program with additional privileges.
• Quality service thanks to round-the-clock support.

Privacy and security

Another advantage of crypto casino is the complete anonymity of transactions. When they are carried out, customers do not provide any personal information. Operations go directly from one crypto wallet to another, which eliminates the possibility of fraud. The history of transfers is built into the blockchain, so there is no risk of information leakage.

Payments in digital coins cannot be tracked by tax authorities and banks.

Most crypto casino sites do not require customers to identify themselves. Verification is carried out in rare cases. But even with the passage of the procedure, the complete security of personal data is guaranteed due to the use of encryption methods.

Differences between online crypto casino and the usual online casino

In crypto casinos, customers receive the same service as in regular gambling sites. Access to profitable bonus offers, games from well-known providers, loyalty program, operational technical support, etc. is available. The difference is only in the list of supported currencies and payment methods.

Some disadvantages

Despite the existing advantages, crypto casinos are not without disadvantages:

• Volatility of digital coins. Their value is constantly changing, sharp jumps are often observed. This affects the amount of winnings.
• The complexity of calculating the size of bets. Users have to correlate the value of the cryptocurrency with US dollar or other fiat currency exchange rate in order to determine the amount per spin.
• Unable to cancel transactions. If the client copies the wallet address incorrectly, he will not be able to return the payment and will eventually lose money.

Varieties of crypto casinos

Cryptocurrency-supported gambling sites are usually divided into two main types:

1. Classic. Clients can conduct transactions in BTC, altcoins and fiat currency. The games work on the basis of RNG, so the providers are responsible for the results of the spins. The user cannot check their randomness.
2. Blockchain. Payments are accepted only in digital currency. They operate on the principle of provable fairness. Each bet is a financial transaction, which is fixed in the form of a smart contract. The result of the spin depends on the generated code in the new block chain. Because of this, it is impossible to influence the effectiveness of the sessions. In a blockchain casino, customers can audit their bets and keep track of other people’s winnings.

Best crypto casino sites

A few years ago, players didn’t have a choice. There were units of gambling sites with cryptocurrency support in the network. But the increased popularity of BTC and altcoins has done its job. Today, there are more than 1000 crypto casino sites, which makes it difficult to choose.

To help the players, the editors of the BestCryptoGamblingSites website have prepared various ratings depending on the preffered digital currency: Ethereum gambling sites, Monero casinos, Cardano casinos etc. They includes reliable cryptocurrency casinos. The sites operate under a license, have positive user reviews and high expert ratings. The best conditions have been created for customers: from profitable bonuses and high RTP slots to fast payouts and 24/7 technical support.

Right now some of the best crypto casino sites are: Bc.Game, MyStake, Fairspin.

Our experts constantly monitor the activities of the recommended cryptocurrency casinos. When withdrawal conditions become more difficult or promotions are suspended for new customers, the rating of sites decreases. If serious violations are identified, they are permanently excluded from the top.

Brand selection criteria

Even from a limited list of crypto casinos, it is not easy to choose. Many criteria must be taken into account here. The range of games and providers, available promotional offers, benefits from a loyalty program, etc. matter. But the current financial conditions and the reputation of the operator deserve special attention.

Commissions

Reliable casinos do not withhold fees when conducting cryptocurrency transactions. But if customers use bank cards or electronic services to make deposits, a commission of about 1–1.5% is charged. A percentage of the total amount of the transaction goes for the services of the crypto network. Accordingly, if the visitor plans to use the usual payment methods, he must take into account the fees. The lower they are, the lower the transaction costs.

Payment terms

In the process of choosing a place to play, you need to pay attention to the current conditions for withdrawing funds. Most blockchain casinos based on P2P technologies carry out transactions instantly. Thanks to this, customers do not have to wait long for their winnings.

Other withdrawal conditions apply to crypto casino sites operating on regular platforms. Payments in them take from 15 minutes up to 24 hours. But some operators increase the time to 3-5 business days, which is a disadvantage for the user. Therefore, one of his main tasks is to get acquainted with the financial policy of the casino.

Reputation among players

Even if the casino meets all the necessary requirements, it is important to study reviews about it. You need to make sure that customers are satisfied with the current conditions, did not encounter cheating during the game and unreasonable refusals when withdrawing funds. If the reputation is dubious, it is better to look for another gambling site.

Bonuses for new players

Crypto casinos offer customers a large number of promotions. Many of them are focused on new visitors and provide for the issuance of bonuses.

Type of bonus	Conditions	Explanation
No Deposit bonus	No need to deposit money into the account, just open an account in a crypto casino.	A package of free spins or a certain amount of cash is provided.
Welcome bonus	It is necessary to replenish the account with the amount specified in the conditions of the promotion.	The deposit is charged from 100% to 200%. Some crypto casinos also offer free spins on top.
Reload bonus	Issued for repeated replenishment of the account.	Represented by money for the game and / or free spins.
Personal bonus	Available with promo code, deposit may be required.	The player receives free spins or a cash bonus.

How to deposit with cryptocurrencies

Account replenishment is available only to registered customers of the online crypto casino. Therefore, a new player needs to create an account by entering the following data:

• E-mail address.
• Login and password.
• Country of residence.

Blockchain-based casinos don’t require any information. Some casino sites offer you to sign up with your Metamask wallet. To log into your account, enter your username and password. After authorization, open your casino account and perform the following actions:

1. Go to the “Banking” section.
2. Select the “Deposit” tab.
3. Enter the deposit amount and click the “Continue” button.
4. From the drop-down list indicate the cryptocurrency (for example, USDT) and enter the email.
5. Click the “Next” button and copy the casino crypto wallet address.
6. Log in to your cryptocurrency exchange or in the corresponding wallet for ordering a transfer.
7. In the form for the transaction, enter the recipient’s address and click “Pay”.
8. Deposits are credited instantly, which allows you to immediately start playing for money.

Option to exchange crypto for fiat

Some casinos offer to replenish the account in digital currency, but in the future to play in fiat. The deposit is automatically converted into USD, EUR or another fiat currency. This is convenient as it simplifies the process of placing bets. It is easier for players to operate with conventional currency.

But it is important that the current conversion conditions are favorable. The exchange always takes place at the internal rate of the crypto casino. You need to make sure it’s not too low. Only then should the option of exchanging digital currency for fiat be considered, otherwise, choose another place to play.

Crypto casino FAQ