What is a crypto casino?
Cryptocurrency casinos are digital platforms where gamblers can play various games with Bitcoin and other digital currencies.
While crypto casinos are generally similar to other gambling websites, they also provide you with total control and full anonymity. Also, crypto casinos have fewer restrictions than other gambling platforms.
What different cryptocurrencies does a crypto casino allow?
The best crypto casino online accepts the top cryptocurrencies, such as:
- Bitcoin
- Ethereum
- Litecoin
- Dogecoin
- Bitcoin Cash, and other digital currencies.
Most top crypto betting websites also accept Bitcoin Cash. If you are considering playing on an online crypto casino, you must have a safe crypto wallet.
How do we review Bitcoin casinos?
Our expert reviewers have ranked Bitcoin casinos according to the following factors:
Game selection
The best crypto betting and gambling sites offer several games to their players. These games could be:
- Classic and video slots
- Progressive jackpots
- Poker and video poker
- Table games
- Live dealer games
Also, these gambling sites have free play options for new gamblers.
Bonuses and Promotions
We have also compared casinos according to their bonus offers. Most gambling websites offer welcome bonuses to their new players. These offers can either match your deposits or are given as a percentage of your payments.
Many online crypto casinos have exciting offers for their loyal players as well. These include:
- Reload bonus
- High Roller Bonus
Additionally, we have rated online casinos according to their VIP programs, if any. Some online casinos offer special bonuses for specific crypto based transactions, so we have included this factor in this article.
Payment processing time and limits
Gamblers prefer online casinos with faster processing times to others. These players also like sites which have zero or negligible processing fees.
As part of our review, we looked at crypto online casinos based on deposit and withdrawal limits. In short, gamblers prefer casinos with high withdrawal but low deposit limits.
Is it safe to play at a crypto casino?
There is no denying that crypto online casinos are safe and secure.
Indeed, the best crypto online casinos have licenses and follow all the rules laid down by the regulators. Second, these gambling websites work with SSL to ensure your security. SSL means data travels on the casino and beyond under a virtual tunnel.
Third, all top crypto online casinos provide you with anonymity. This means nobody can trace you and your money on these casinos.
How to make a deposit
First, you need a cryptocurrency wallet for paying to the casino. You can also use e-wallets, such as PayPal, which also allow you to hold crypto.
Before depositing your funds, create an account and link it to your wallet. Once done, click ‘Deposit’ in the Cashier section and make your first and subsequent deposits.
However, please note that some casinos allow specific currencies. If you don’t hold one of these cryptos, you will need to buy the specific currency. Indeed, your wallet must also be recognized on the casino list.
How to make withdrawals
Making a withdrawal is a straightforward process. First, head to your crypto wallet, and copy its address. Then, open your casino account and go to the Cashier page. Choose Withdrawal, enter the desired amount, and then paste your wallet’s address there. Click Confirm and withdraw your funds.
While some casinos accept credit cards for Bitcoin withdrawals, they will also ask for your personal information. Therefore, for those seeking anonymity, this is not the ideal withdrawal method.
Tips to choose a crypto casino
Here are a few tips for choosing the right crypto casino:
Trust and reliability
It is always advisable to play at casinos that have been verified by government authorities. Ensure that the casino of your choice offers security measures like 128-bit encryption and SSL certificates.
Provably fair games
Gamblers should look out for crypto casinos having ‘Provably Fair’ games. This terminology refers to games certified fair by blockchain technologies.
Provably fair games are difficult to hack and generate random results.
Game selection and bonuses
An ideal crypto casino has many games of all genres and offers several bonuses to its players. These games suit novice and experienced players alike. Also, you can play many of these games for free.
Payment processing
An ideal crypto casino processes all your payments seamlessly and with extremely low payment fees.
Disadvantages of playing at a crypto casino
Unfortunately, where there are advantages, there are always downsides. One disadvantage may be volatility. Since cryptocurrencies are volatile, the exchange rate may sharply drop with no logic because of the limited number of Bitcoins available.
Another downside is the transaction times. Whereas most crypto transactions are fast, some casinos process withdrawals manually for security reasons, thus delaying withdrawals of up to 15 minutes.