Currently, there's an enormous boom around cryptocurrencies like Bitcoin, Ethereum, Dogecoin, etc. Therefore, there are now also several online casinos that accept these digital currencies as a way of payment. These so-called "bitcoin casinos" or "cryptocurrency casinos" are interesting not just for those players who invest within the crypto world, but also for the overall public.
If you continue reading this text, you'll learn more about "bitcoin casinos" and you'll determine how the simplest "bitcoin casinos" are selected.
What funds and currencies are currently accepted at cryptocurrency casinos?
"Bitcoin" is far and away from the foremost popular and well-known digital currency, but there also is a spread of other cryptocurrencies on the market (currently there are already quite 1,000). Bitcoin isn't the sole cryptocurrency accepted by online casinos.
Cryptocurrencies are not always present as a payment of a casino. Some casinos don't accept cryptocurrencies, while others only accept "bitcoins". But there also are a variety of gambling providers where you'll play in several different currencies.
Here now's the ranking of the foremost common cryptocurrencies currently used for gambling:
- Bitcoin (BTC)
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- Dogecoin (DOGE)
- Dash (DASH)
- Litecoin (LTC)
- Tether (USDt)
No matter which of those digital payment methods you would like to play with, you'll find a "crypto casino" where you'll deposit and play. Before opening an account at a casino, confirm that the casino accepts the currency you favor to play with.
In addition to cryptocurrencies, "bitcoin casinos" generally support payment methods that you simply may have already encountered and used at classic online casinos. However, there also are casinos that employ exclusively with cryptocurrencies, where no other payment methods are supported.
Although most "crypto casinos" accept Bitcoins, this payment method might not be the simplest option for you or for your gambling generally. "BTC" has extremely high transaction fees, which makes it inferior to another cryptocurrency, although it's still the foremost popular cryptocurrency. But it still happens that some digital currency casinos will look out at the transaction fees for you and credit them back to your account balance afterward.
What are the benefits of a "bitcoin casino"?
In some ways, "bitcoin casinos" aren't that different from other traditional online casinos. the most differences and therefore the advantages in terms of cryptocurrencies are that Bitcoin and other digital currencies are regularly accepted as payment methods.
This is also generally good for the cryptocurrency world. The more ways people need to use cryptocurrencies, the higher, more open, and safer this payment market is going to be.
In addition to using cryptocurrencies as a way of payment, "bitcoin casinos" often have additional features or standalone characteristics compared to traditional regular casinos. one among them is that the possibility of absolute anonymity that players can enter into.
Traditional payment methods employed by standard casinos are always tied to a selected one that can and must be easily identified. In this regard, cryptocurrencies can differ, which has led to the emergence of anonymous casinos, although the amount and characteristics of those casinos are still severely limited thanks to the regulations effective.
What games are you able to play with Bitcoin and other cryptocurrencies?
When it involves the choice of games, digital currency casinos don't differ much from other traditional casinos. the amount and different types of games offered by "bitcoin casinos" inevitably vary from casino to casino.
In general, you'll use your Bitcoins and other virtual wagers to play commonest game types, such as:
- Slots (slot machines)
- Dice games (craps)
- Video poker games
However, the crypto selection differs from casino to casino. Therefore, it's going to be worth checking lists of games available at each casino before you check-in, in order that you'll even be sure that you simply can actually play your favorite games.
How can we review and rate bitcoin casinos?
Our online casino review process is transparent and easy to understand. this is often an equivalent approach we've crazy our "bitcoin casino" reviews. In fact, the whole review process is just about an equivalent in the least casinos, regardless of how different they're. you'll read more about it here.
In summary, however, the 2 most vital factors are as follows:
- The size of the casino - Large casinos generate higher revenues and may afford to truly disburse large winnings when a player scores a pleasant win. Smaller casinos can run into financial problems with larger winnings, which is why larger casinos are usually a safer choice and are preferable to smaller ones.
- The casino's treatment of its players - Many casinos act honestly and don't search for excuses or excuses to refuse requested payouts, but there are still a variety of casinos that behave just the other. We analyze countless player complaints to see what quiet behavior casinos display towards their players.