Best Crypto Casinos
Cryptocurrencies have become a defacto standard for today’s online transactions, especially in casinos, shares, and a few other markets. Because 2022 is going to be all about digital currencies, we wished to take a look at the best players, the best cryptocurrency, and some of the best crypto casinos of the ongoing year. You never know when the train would pass unnoticed.
Introduction to Crypto Casino
To talk about cryptocurrency in 2021 is like giving an introduction to a famous celebrity from Hollywood. A crypto casino is a gambling website that allows its account holders to deposit and withdraw money in cryptocurrencies. So, if you are looking for the best crypto gambling site or casino, you should have a cryptocurrency account. Because digital currencies have increasingly become a popular means of online transactions, especially gamers, crypto casinos are becoming a thing as well.
If you ask gamblers and gamers, they will never deny the knowledge of such a digital currency because they know this is the current trend. Best Bitcoin and cryptocurrency casinos are lining up with various payment methods, and different types of currencies starting with Bitcoins, Litecoins to Ethereum.
Betting with cryptocurrencies is a safe way to send and receive money over the internet. Besides that, the speed of transactions, multi-layer security, and complete transparency with privacy are key reasons because of their growing popularity in 2021. In the year to come, they will only become more and more popular.
In short, Bitcoins and other cryptocurrencies are an open kind of peer-to-peer money and their value retains because a specific group of people believes so.
Types of Crypto Casino
This is the first cryptocurrency that became popular. So, in a way you can call it the pioneer of today’s digital wallets. Because of this, most online casinos and gambling sites were first to recognize this as a legit currency type. Also, Bitcoin became a worldwide name for accepting and sending payments via online transfers.
But, is Bitcoin safe? Bitcoin was introduced 12 years ago if you can imagine. But, it became popular just a few years back, simply because the internet exploded like anything. According to the Crypto Research Report, Bitcoin can easily surpass 1 Bitcoin = $397,000 by 2030.
The earliest name of Bitcoin was Satoshi Nakamoto when it began in use in 2008 by some unknown group. But, in the later years, it became a sensation and mining cryptocurrencies became a big business. Those who invested in it back then, have become billionaires today.
This is the next installment that came after Bitcoin so that it could be used as cash. It is a spin-off and is very low compared to Bitcoin, so a great contender for the future Altcoin market. Because of that, it is a good one to invest and start mining today. Many online casinos and gambling sites are looking towards accepting Bitcoin Cash as a payment method as well.
Because its supply limit is also 21 Million, and it started just 3 years ago, there is a good probability to use Bitcoin Cash instead of Bitcoin at online cryptocurrency casinos. There are several casinos that offer Bitcoin Cash 100% Bonuses up to thousands of dollars. You can play roulette, poker, slots, and practically everything on a casino’s online offering without worries.
This new Altcoin, which is Ether or Ethereum, is the 2nd largest cryptocurrency after Bitcoin. This is also decentralized like Bitcoin and supports all the same features that Bitcoin offers. However, because it also supports applications natively, many online casinos and crypto casinos are inclining towards using this as an alternative.
Also, because this is not exploding at the current market cap, it seems more stable and secure. Currently, Ethereum casino deposits vary from 300 ETH to a few ETH at online casinos. These offer all types of games from roulette, blackjack, and even slots. Ethereum gambling in 2021 is supposedly a best practice that we can see soon. Ethereum is also available for US players, in legal commodities.
Therefore, if you cannot afford Bitcoins, Ethereum is the next best option.
The best crypto casino would be one that offers cryptocurrencies for making payments across the platform. That is, it allows the top 10 Altcoins or crypto coins in circulation in the market. So much so that these are stocked in exchanges and you can trade them if not buy them.
The Litecoin casinos are also becoming popular in 2021 because it is cheaper and more affordable than Bitcoin. New users who cannot afford Bitcoin now, are moving towards Ether, or Litecoin. Ether is also becoming crowded because of over 8 years in circulation and mining. It is available in the USA as well, so no worries about changing currencies for your best gambling site.
Litecoin is at $160 USD as of today and is a very small stake in the market cap as well. Because of this, it is easily available and new users are favoring this option more. It is a fork of Bitcoin with a market cap of 84 Million.
This is the current leading Altcoin because its market cap is very big compared to any of the above. It was also released in 2013 and in 7 years, out of 127 billion coins, already 113 billion are in circulation. Because of this factor, the coin is still soaring high and its prices are considerably lower than Bitcoin.
Doge has 1 min block intervals, and the current market cap shows 1 Dogecoin is 0.08 USD as of today. So, in comparison to Bitcoin which values thousands of dollars, this hasn’t reached even $1. Yet, many online crypto casinos and gambling sites are expecting users to transact in this digital currency. Many of these online casinos are also already available in the US.
This is not a newcomer in the field and was born in 2006. Despite the competition, it became a popular trend because it is relatively affordable, its prices are low, and mining Dash can help people reap benefits tomorrow. It takes less than a cent today.
Its initial release didn’t make up much but today over 9 million are in circulation. Around a dozen major online crypto casinos offer Dash in the US alone.
The future of other Altcoins is also similar because they are the new way of transacting online using Blockchain technology. It is transparent and secure. Most online gambling sites allow cryptocurrencies as a means of payment too.
Best Crypto Casino Sites
The best crypto casino is the one that supports the most number of digital currencies and offers the widest range of games. Below is a table that lists them as of 2021.
- Dash: FortuneJack Casino, Betcoin, 1XSlots
- Dogecoin: BitStarz, FortuneJack, mBit, CryptoWild, 7Bit
- Litecoin: BitStarz, mBit, FortuneJack, Betcoin, CryptoWild
- Ethereum: BitStarz, mBit, FortuneJack, Betcoin, Oshi
- Bitcoin Cash: BitStarz, CryptoWild, 1XSlots
- Bitcoin: Intertops Red, BitStarz, Red Dog, Ignition, Bitcoin
So, according to the above table, one can see that BitStarz is the one that lists all the cryptocurrencies for 2021, and also lists in the top 3 consistently in all the top Altcoins. Because of these 2021 ratings, this is the best crypto casino for the given year, at least in the first quarter.
How to Choose the Best Crypto Casino?
The best way to choose a perfect cryptocurrency when betting at online gambling sites and casinos is to look for the ideal numbers. When in doubt, go for BitStarz because this casino is the best in terms of all reviews. With over 2,000 games, this is a nice platform to enjoy the best games. It is certified by both the UK Gambling Commission and the Malta Gaming Authority as well.
But selecting the best cryptocurrency depends on the casino as well, because the availability, flexibility, and payment method make all the difference. BitStarz offers Doge, ETH, Bitcoin, BitcoinCash, and many more.
Advantages of Crypto Gambling
It has the following advantages that traditional payment methods do not offer.
- Cryptocurrencies offer the fastest transactions over the internet because it is decentralized.
- It does not offer issues with privacy or transparency of transactions.
- It is secure because it uses Blockchain technology at its core.
- Using Bitcoin, ETH, etc. means your personal data is not stored anywhere.
Staying Safe While Crypto Gambling
Safety comes first because gambling online means you are betting your money. And, sharing personal info like card numbers, or even names, etc can be dangerous in today’s cybercrime-laced world. Though buying and selling in crypto has its own risks but it is a fairly safer means of transaction online.
Betting and gambling online using some cryptocurrency is a safer deal because it comes with privacy and instant transaction confirmation. It involves negligible costs and total anonymity online, as to destination and source of origin. This makes them safe.
How to Deposit and Withdraw Funds?
Making a deposit and withdrawing money using cryptocurrency depends completely on the gambling site or casino you are using. Because the casino must also have an account with a particular type of crypto coin, then they can add to your wallet the payment in terms of Bitcoins or ETH.
It is similar to accepting and sending money via cards, just way faster, and with much lesser fees. To learn more, select a particular online casino, and go through their Help section or FAQs.
Overall, cryptocurrencies are the money of the future. Because everything is going to be digital in a decade or so, cash payments, sharing personal info, and speed of transactions will be the first priority. In this sector, crypto coins are the current best.