More and more casinos are accepting Bitcoin, Ethereum, and other cryptos. But why? Let’s explore the perks involved.
What Are the Main Perks of Playing with Crypto?
Fast Transactions
This is the key reason why gamblers choose crypto payments when possible. In my stake france, for instance, all BTC withdrawals are processed same-day. That is, crypto withdrawals take hours, credit card withdrawals take days. Plus, you can withdraw up to $10k at a time.
Lower Fees
Higher transaction fees characterize traditional transactions. Deposits, withdrawals, and currency conversions — all of these add up and can transform into immense sums. With crypto, transaction fees are much lower, usually minimal.
Privacy
If you play with BTC, your gambling activity isn’t tied to your bank account. Besides, crypto-only casinos don’t ask for any info about you except for a valid e-mail address. So if anonymity matters to you, playing with Bitcoin is actually a good idea.
Security
Modern casinos work hard to guarantee security. However, when it comes to crypto, the risk of britches is almost zero. Blockchain technology guarantees that your funds are completely safe and attack-proven.
No Bank Restrictions
Unfortunately, banks don’t like gamblers. Thus, they can block your account when they trace that funds arrive from gambling activities. With crypto, you don’t have to deal with any bank restrictions. Get your funds fast, with minimal fees, and without risking being blocked — isn’t that what each gambler wants?
Global Access
Does your country have restrictive gambling laws? That’s not an issue with crypto! Cryptocurrency literally has no borders. It allows one to gamble from anywhere in the world, which is just next-level convenience.
Bonuses and Promotions
Crypto casinos are characterized by immense generosity. With them, you can use the most mind-blowing promotions: Welcome bonuses, Cashback, Reload bonuses, Loyalty programs, VIP perks, and more. There are just plenty of options to boost your bankroll without extra investments.
If you take a look at the promotions at Ninja Casino, you can see that top BTC casinos are especially generous in terms of free spins. You can find offers of up to 500 free spins here.
Innovation and Technology
Crypto casinos are an innovation in themselves. However, they never stop growing and improving, either. Provably fair gaming, contact-based casinos, VR implementation, and more — they’re not going to stop.
Decentralization
Cryptocurrencies run on decentralized networks, so they aren’t controlled by any single entity like a bank or government. This decentralization brings fairness and transparency to your transactions. You have complete control over your money, with no middleman to interfere.
Easy Access
You can easily set up a crypto wallet and buy cryptocurrency. With various platforms available, you can quickly convert your traditional money into crypto and start playing.
The Best Cryptocurrencies to Gamble With
Not all cryptocurrencies are the same. Here are some of the best ones for gambling:
- Bitcoin (BTC): Almost every crypto casino accepts Bitcoin.
- Ethereum (ETH): It’s fast and secure. If a gambling site supports Bitcoin, it, most likely, supports Ethereum, too.
- Litecoin (LTC): Similar to Bitcoin but with faster transaction times and lower fees.
- Ripple (XRP): Offers fast and cheap transactions. Not as widely accepted as Bitcoin or Ethereum.
- Tether (USDT): A stablecoin pegged to the US dollar.
- Dogecoin (DOGE): Started as a joke but now accepted at many casinos. It’s fast and has low fees.
Conclusion
So should you gamble with Bitcoin? It depends. If you want your wins paid out on the same day, you need to use cryptocurrencies because, with other methods, it’s not guaranteed. If you’ve never used crypto before but would love to try, it may be good to start with those casinos that allow buying crypto directly on their website. If you feel it’s not your cup of tea at all, well, most casinos still support many methods besides Bitcoin so you can always choose.
