Playing at online casinos with cryptocurrencies is becoming more popular with each passing year. They have been around for over a decade now, and yet there are still quite a few players out there who aren’t necessarily familiar with how they work.
The first thing you need to know is that to play with cryptos at online casinos; you need to have an understanding of how cryptocurrencies work. If you do, then playing at crypto casinos should be plain sailing.
Even so, I’m here to explain the key things that you need to know before betting with cryptocurrencies online.
The Availability of Cryptocurrencies at Casino Sites
Firstly, let’s touch on the availability of cryptocurrencies at casino sites. For instance, there is no shortage of Bitcoin casinos not on GamStop for you to choose from. However, the availability of other cryptocurrencies can really depend on the site you choose.
Most crypto casinos tend to feature several options, but they tend to be the mainstream ones. Other sites may be dedicated to one cryptocurrency over another, while some are more than happy to accept both cryptocurrency and FIAT options alike.
If you are new to betting with cryptos online, I’d personally recommend choosing these sites. Being able to play with FIAT and switch to cryptos allows you to gradually ease your way into cryptocurrency gambling when it suits you.
The Most Common Crypto Deposit Options
As hinted at above, most cryptocurrency casinos will typically accept several cryptos and tokens simultaneously. It isn’t uncommon for them to support up to ten of them, although the mainstream options include Bitcoin, Ethereum, Litecoin, Dogecoin, Bitcoin Cash and Tether.
Other popular cryptos you may see include Cardano, Tron, Ripple, USD Coin, Binance Coin, and Solana.
It is worth noting that each crypto casino may have dedicated bonuses in store when you deposit using one option over another.
Similarly, there may be differing terms when it comes to deposit/withdrawal limits or being able to play games using crypto stakes. You can explore these in the crypto casino reviews found on this page.
How to Deposit with Cryptocurrencies at Online Casinos
If you’re interested in playing at internet casinos with cryptos, where do you begin? Normally, I’d recommend following these short steps in order.
- First, you need to head to a crypto exchange. Popular options such as CoinBase are ideal, although they tend to have the highest fees. Open a wallet at the exchange to temporarily store any cryptos you acquire. Purchase them using your bank card.
- Now open a proper crypto wallet, one which is ideal for the cryptocurrency you wish to use. Transfer your cryptos there. Remember your wallet address (key).
- Check the top-rated casinos on this page and sign up for one that you like the look of. Be sure that it accepts your preferred cryptocurrency.
- Sign in and head to the cashier page. Select your preferred crypto payment method and enter the address shown in your crypto payment provider (wallet). Be sure you get these correct, as crypto transactions are irreversible.
- Pay attention to the deposit limits at your crypto casino. There can be a big difference between high-stakes gambling sites and conventional crypto casinos. Be sure that your deposit falls within the limit. Process the payment to start playing.
The Fastest Casino Withdrawal Option Around
Cryptocurrencies are also advantageous as they represent the fastest way to withdraw your real money winnings from online casinos. Until the advent of cryptos, e-wallets represented the quickest way to withdraw, but even those took at least a few hours, often up to 24 hours.
With cryptocurrency withdrawal options, you can expect to cash out your winnings in anything from a few minutes to under an hour. Moreover, crypto withdrawal limits tend to be more extensive than those found with FIAT options, and the added anonymity may mean that you don’t need to clear invasive KYC processes.
Playing Online Casino Games with Crypto Stakes
You’ll find that things can sometimes get a bit tricky when crypto stakes come into the picture. It should be said that not every cryptocurrency casino permits you to wager on games using tokens. Some will convert your cryptocurrency deposit into a FIAT currency for gameplay purposes.
When this happens, you need to ensure that you get a fair exchange rate. This will also need to happen when you convert your gameplay balance back to cryptos for withdrawals. Because you need to check that everything is above board, I recommend that you choose one of the preferred and recommended crypto sites on this page.
Of course, whether you can play games with crypto stakes or not also depends on the titles you’re playing, not just the casino. Many of today’s top casino software providers have now woven cryptos into their list of accepted currencies.
Therefore, it is highly likely that you will be able to actively wager on games with crypto stakes if you play at one of the biggest and most trusted cryptocurrency casinos around.
The Benefits of Playing at Casinos with Cryptocurrencies
If there were no benefits to playing with cryptocurrencies at online casinos, we wouldn’t do it. I’ve already touched on a few of the benefits of playing with cryptocurrencies at casino sites above.
Let me end by rehashing a few of the most important ones, as well as touching on some of the other benefits not yet discussed. Here are the primary reasons why you might want to join a crypto casino today:
- Cryptocurrency payment options are the fastest for withdrawals and are often uncapped when it comes to deposits.
- Many of today’s biggest software providers have made their games crypto-friendly.
- Cryptocurrencies offer largely anonymous action, so you can keep your gambling activities private.
- Top online casinos support dedicated, bespoke crypto bonuses for you to claim.
- Crypto games can be Provably Fair, allowing you to check the seeds to ensure that fair and random outcomes are occurring.
As you can see, cryptocurrency casino gambling has many things going for it. With that in mind, perhaps you fancy signing up and having a crack at online casino games with cryptos today?
If so, I’ll revert you to our casino reviews with exclusive 400% bonuses once more, where I’m supremely confident that you’ll find exactly what you’re looking for.