What Are Crypto Casinos?

It probably sounds a bit like science fiction, this crypto this-and-that but what if I tell you that the crypto casinos you can visit, actually turn out to be like the exact “normal” online casinos that you are used to seeing.
The roulette games, card tables, baccarat, slot machines, and even sports betting games accept your cryptocurrency of choice and payout in them as well.

So what’s so appealing is getting cashed out in this currency at a crypto casino and what are the benefits in dealing with a value that isn’t a coin or a 100 Euro note that you can slip in your wallet?

Before we look into these strange casinos with their weird and unusual currencies, allow me to explain what crypto actually is and what their influence on the so-called Fiat currencies are.

What is cryptocurrency?

Well, according to nerdwallet.com, you could say that cryptocurrency is a type of online payment that may be used to buy and sell products and services. Many businesses have created their own currencies, known as tokens, that can be exchanged for the goods or services that the business offers. Consider them to be arcade tokens or casino chips. To use the item or service, you’ll need to convert actual money for cryptocurrency.

Blockchain is the technology that enables cryptocurrency to function. Blockchain is a decentralized system that organizes and records transactions across multiple computers. The security of this technology is part of its attraction.

What makes cryptocurrencies so well known?

There are a few reasons why cryptocurrencies are so popular. I will name a few:

– Some speculators are interested in cryptocurrencies because they are increasing in value, but they are uninterested in the currencies’ long-term acceptability as a means of money transfer.
– Supporters regard cryptocurrencies like Bitcoin as the money of the future, and they’re rushing to acquire them before they grow more valuable like gold or other scarce valuables.
– Others embrace the blockchain technology that underpins cryptocurrencies because it is a decentralized processing and recording system that is potentially more secure than traditional payment methods.
– Some people enjoy the idea that bitcoin frees central banks from controlling the money supply because central banks tend to devalue money over time through inflation.

So how do I get crypto?

While certain cryptocurrencies, such as Bitcoin, may be purchased using US dollars, Euros, Pounds, etc., others need bitcoins or another cryptocurrency to be purchased.

To purchase cryptocurrencies, you’ll need a “wallet,” which is an internet software that stores your funds. In general, you open an account on a cryptocurrency exchange and then use real money to purchase cryptocurrencies like Bitcoin or Ethereum.

A well-known cryptocurrency exchange where you can open a wallet and buy and sell Bitcoin and other cryptocurrencies is Coinbase. Cryptocurrencies are also available via an increasing number of online brokers, including eToro, Tradestation, and Sofi Active Investing. You can easily find one of these brokers via Google so that you can choose between their many different benefits.

Top crypto casinos

Congratulations, you have just purchased some crypto via an online broker and deposited a fair amount on your online wallet.

Time to choose a casino!

With the help of Mercurynews I was able to select a few of the most popular crypto casinos that are out there.

mBit Casino

mBit Casino is a fashionable online casino that launched in 2014. It’s a crypto-only casino that accepts BTC, BCH, ETH, DOGE, USDT, and LTC as payment methods.

So far, cryptocurrency players may choose from over 900 games in a variety of genres. The majority of the games on this crypto casino site are slots.

Why choose mBit? Well, they have over 900 slot games available so guaranteed that you will find one to your liking. In addition, they also have a very tempting refer a friend bonus where both you and your friend receive a 30% deposit bonus and 300 free spins.

Intertops Casino

One of the casino’s regular benefits is new game promos. Almost every week, a new game is released, each with its own set of bonuses. This demonstrates not only how free giving Intertops is with bonuses, but also how they keep their game collection as fresh as possible.

The main benefits of Intertops Casino are the 10x wagering requirements on free spins and their top-quality updated games.
They accept BTC, BTC cash, and LTC as cryptocurrencies.

Slots.lv Casino

The Slots.lv Casino is well-known for its specialty games and associated bonuses. There’s also a very large welcome bonus for players who deposit using bitcoin for the first time. Up to $7500 in rewards are available to crypto players, paid out across nine deposits.

This huge casino accepts BTC, BTC cash, BTC SV, LTC, and ETH.

BitStarz Casino

BitStarz Casino debuted in 2014 with a bunch of intriguing features. To begin with, BitStarz Casino has accepted cryptocurrencies and other popular payment methods from its beginning.

BTC, BTC Cash, ETH, DOGE, Tether, and LTC are all accepted at this casino. All crypto transactions are nearly instantaneously processed. When using any of the cryptocurrencies to make a deposit or withdrawal, BitStarz Casino does not charge any fees.

Pay attention to the promotion bonus that comes with 40x wagering requirements.

Cloudbet Casino

When talking about the top crypto casino sites, we can’t forget to include the crypto payment withdrawal limitations. Withdrawals at Cloudbet are not limited, so players may take as much money as they wish.

This casino is also one of the few that accepts virtually every cryptocurrency, including BTC, BCH, ETH, PAXG, USDT, USDC, DAI, PAX, LINK, DOGE, DASH, and LTC.

So there you have it

Finding an online crypto casino isn’t more difficult than finding any other online casino.
What do you think, are you put off by the unknown cryptocurrency or rather intrigued by its value and volatility?
Either way, it could be a great way to make a profit if you win some casino games or just hold on to your crypto for a while.

Just make sure you do your research first and play safely. Enjoy!