The online casino industry is undergoing a seismic shift and good old cash will soon be a thing of the past. When it comes to international payment methods, cryptocurrencies are at the top of the list. They're not only popular with the crypto-savvy, but also with anyone who values privacy and security. This makes them ideal for online casinos.
The team at casino-guide.biz has been around since the early days of online casino gaming. We have witnessed its passage through several technological revolutions and changes.
Observing all of this has given us a good sense of what to expect. We are now in an age marked by the rapid rise of mobile devices, and with them, mobile casino apps that rival, if not surpass, some of the most popular websites in terms of user experience. Live dealer games continue to grow in number and popularity. And then there is Virtual Reality (VR), which is on the verge of taking off. The average observer might guess that these groundbreaking developments are the main driving forces behind the huge profits that online gambling operators are currently raking in.
What are the best casinos that accept cryptocurrencies? How do they work? What are the requirements to play at them? What are their advantages and disadvantages? As always, we will answer these questions and more today.
If you're already a cryptocurrency virtuoso and looking for the best sites to experience the thrill of crypto casino gaming, let us do the legwork for you. Choose from our list of top-notch options below.
Our Top Recommended Casino Gambling Sites
| Rank | Site | Play | Bonus |
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 Wild Casino review
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 BetUS review
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 BetOnline review
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 Bovada review
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50% bonus up to $250
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Visit Site Bovada |
Why Are These the Best Online Crypto Casinos?
There are important standards that we apply to all the casinos we recommend. But there are some special things to consider when dealing with crypto casinos. These are the reasons we recommend the sites above.
They’re Safe and Fair
Nevertheless, the technology behind crypto casinos makes them much safer and fairer than traditional casinos. Remarkably, even some people who are veterans of the crypto space are surprised to learn that these decentralized systems provide mathematically provable guarantees of fairness.
We will discuss this in more detail later. For now, we will just say that it makes it impossible for casinos to be dishonest. Combined with the clear and open nature of most blockchains, this means that you do not need to rely on trusted third parties to certify that a crypto casino is safe and fair. You can check for yourself.
They Accept Multiple Cryptos
Although many of the mainstream casinos are still coming to grips with Bitcoin, these casinos have already accepted Ethereum, Litecoin, Dash, Zcash, and a few other cryptocurrencies.
We're not saying that all of these sites accept these cryptocurrencies, but if you navigate through the sites above, you'll come across at least one that accepts the cryptocurrencies discussed here.
They Pay on the Spot
With that in mind, what would be the point of playing at a casino that takes days or weeks to verify payouts? While some great casinos do have a pending period, you definitely want to get your money as soon as the cashier clears it.
As you are no doubt aware, some cryptocurrencies travel at the speed of light and can move around the world in a matter of seconds. That's why we think it's extremely important for crypto casinos to verify their withdrawals quickly. And we believe that the faster they do it, the closer they will be to the top of our approved list.
They’re Open to Almost Anyone
This is called a permissionless system and it allows crypto casinos to accept players from almost anywhere. Even in places where there are strict online gambling laws, many crypto casinos will still let you bet.
Hi, what is the point of having a monetary system that is permissionless and then instructing people on the permitted uses of that system? Seems a bit contradictory, doesn't it? Furthermore, why is this same organization, which no one elected to lead, even qualified to set and enforce these kinds of rules?
Which Cryptos Can I Use to Gamble Online?
If you take a look at popular cryptocurrency sites such as CoinMarketCap.com and others, you will see that they track the values of close to thousands of cryptocurrencies. However, most of them are not used in online casinos.
Most people only use about half a dozen cryptocurrencies for gambling. Let us give you the lowdown on what they are so you can figure out which one is best for your purposes.
- Bitcoin - This is the king of cryptos;
- Ethereum - What you have here is a utility token. In the not too distant future, entire casinos will likely be built on the Ethereum blockchain. For now, using ETH to fund crypto casino accounts is an option. It's faster and cheaper than doing the same thing with bitcoin. However, using Ethereum for this purpose is not as widespread;
- Litecoin-Light-coin-Litecoin, is often compared to "silver", and rightly so, while bitcoin is aptly compared to "gold". Litecoin is good for fast and cheap transactions, uses the Scrypt algorithm for its mining process and is about four times faster than Bitcoin. You can complete a transaction with Litecoin in about 2.5 minutes. There are a lot more pros to Litecoin than cons, but if I had to pick some, I'd say that due to its lower value than bitcoin, it could theoretically lack some of the incentive structures that make mining bitcoin so attractive;
- Dash is one of the cryptocurrencies that emphasizes privacy. It is very fast (most transactions take only a few minutes) and is accepted in many places, both online and off, including many of the online casinos I looked at. If you want to gamble privately, Dash deserves a closer look;
- Zcash - This is another privacy-focused cryptocurrency. It's not as familiar to most people as Dash, but many consider its technology to be better since it was developed on the original bitcoin blockchain. Here on the site you can find many reviewed casinos that accept Zcash;
- Monero - This is the ultimate privacy coin;
The best cryptocurrency for you may depend not only on what you're looking for in a gambling site, but also on your comfort level with the currency itself. If you're a bit of a gambling novice, but still have a taste for the riskier side of life, we would definitely recommend sticking with bitcoin or litecoin as your cryptocurrency of choice. Not only are these two coins very accessible and widely used in the online casino space, but they are also much more stable in value than many of the other cryptocurrencies (such as Ethereum) that we could have recommended.
Ultimately, the advantages and disadvantages of crypto casinos remain pretty much the same no matter which coin you choose to use. Next, let's look at what they are.
Why Are Crypto Casinos So Popular?
Many players now see crypto casinos as a credible choice, and some even prefer them. This is due to several factors, including
- Cost Savings - Most cryptocurrencies are cheaper to use than other casino payment methods;
- Transaction Speeds - Despite being the most widely known cryptocurrency, bitcoin is actually one of the slowest today;
- Enhanced Privacy - While there are advanced privacy coins like Zcash that can make your financial transactions disappear from all scrutiny, even the non-privacy coins like Bitcoin offer enhanced privacy;
- Permissionless System - We mentioned this above, but want to talk more about it here;
- Massive Bonuses - There's no doubt that bitcoin casino bonuses are huge compared to bonuses denominated in USD and other currencies;
- Proven Fair - Many crypto casinos are proven fair;
The Less Attractive Side of Crypto Casinos
We are not a site that gives you a used car sales pitch and hopes you will just believe us. We see it as our job to give you the facts in as unbiased a manner as possible and let you decide for yourself what is right for you. With that in mind, there are a few things we would like to inform you about before you try any of the crypto casinos we recommend.
User-Friendliness
Addresses are long and ugly, and sending them can give even the most tech-savvy people the jitters.
There's a lot of work to be done here, and that's one of the main reasons why crypto casinos aren't catching on as quickly as they could.
Crypto Volatility
This can put the more risk-averse, strategic gamblers who like to grind out a percentage slowly off using them.
This is certainly understandable. If you are someone who fits this mold, then cryptocurrency may not be the best investment for you - unless, of course, you quickly convert your bitcoins, litecoins, dogecoins, or other cryptos into dollars or a similar currency.
Fewer Casinos
Therefore, the number of crypto casinos is not yet comparable to the number of casinos that accept more traditional forms of currency such as USD, GBP or EUR. This could change, of course, but at the moment it seems to be the case.
We believe that these possible negative aspects are minor compared to the benefits that crypto casinos can offer. Virtually all of them can be avoided by learning to use your device safely and responsibly, and by not letting it take over your life.
The decision is yours. If you think the pros outweigh the cons, check out some of our top rated cryptocurrency casinos.
Your Questions About Crypto Casinos Answered
How do I use crypto casinos? Is it easy to get started?
In essence, crypto casinos and land-based casinos are identical. The only real difference is how you finance your gaming experience. To do so, you must first purchase your cryptocurrencies on an exchange and then transfer them to the wallet associated with your casino account. You will then be able to participate in the games in a manner indistinguishable from any other casino experience. Your balance will be updated automatically.
If I win a crypto jackpot, how can I spend it?
Many merchants now accept cryptocurrency. So it's possible to spend your cryptocurrency directly. At the very least, you can convert it to bitcoin and spend it. Otherwise, you can cash out your jackpots on a cryptocurrency exchange like Coinbase. You could also store your jackpot on a hardware wallet and see if it increases in value over time.
How can I avoid scam crypto casinos?
If you want to avoid getting burned, we have a few recommendations. First, stick with the sites we recommend. We give good reasons in our reviews for why we recommend these sites. Take the time to read those reviews. Understand the strengths and weaknesses of the sites you choose to play at. Second, play at sites that are proven to be fair. Finally, play at sites where all transactions are visible to everyone. This makes cheating impossible.
What is the blockchain? How does it work in relation to crypto casinos?
Although "blockchain" is a buzzword today, it can be compared to an ultra-secure public ledger that no one can tamper with unless all users agree. You can see all transactions, and you can prove them at a moment's notice.
For example, a casino could never claim that you failed to make a deposit, because you and anyone else using the same coin could see the transaction on your version of the blockchain. Similarly, a casino couldn't misrepresent the numbers it paid out in games, because those too would be verifiable by anyone who cared to look. This is all very basic. But it's the elementariness that's so profound.
Which cryptocurrency is best for casino players?
You can't go wrong with Bitcoin, and we highly recommend that you start using it. Every coin has its strengths and weaknesses, but using bitcoin in casinos makes the most sense, especially since these online establishments are so familiar with this particular coin.
What are cryptocurrency faucets? Can I get free crypto using them?
Many top crypto gambling sites have a feature called crypto taps. They reward you with very small amounts of cryptocurrency to gamble with. Because of minimum withdrawal requirements, you won't be able to get them out unless you go on a run and get lucky. Still, it's free to play, so who's complaining?