Table of Contents
- Best Crypto Casinos
- Essential Criteria for Choosing a Crypto Casinos
- Crypto Casinos Types
- Main Pros of Cryptocurrency Gambling
- Cryptocurrency Casino Bonuses
- What is Cryptocurrency
- Cryptocurrency Operating Principle
- Quantitative Restrictions
- How to Get Cryptocurrency
- Let’s Sum up the Results
We should immediately note that online casinos licensed by MGA do not accept such payments. The casinova.info team has taken this fact into account and chose for you only the providers that comply with the highest quality standards.
Best Crypto Casinos
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We, as is common, have made a list according to definite criteria. You can see the same casinos on our other pages as well. After all, high-quality online casinos can be considered the best by several criteria simultaneously. When looking up the list of the best Crypto Casinos, you can come across lots of those from our fast payout casinos list.
Essential Criteria for Choosing a Crypto Casinos
To choose a casino fit for playing with cryptocurrency, you should take into account the following criteria:
- Availability of several cryptocurrencies for replenishment and withdrawal
- Brand reputation
- Payout speed
- Keeping players anonymous
- Secure payment transmission channels.
Besides, among significant factors, we can call availability of prompt and qualified assistance to the players. After all, many crypto enthusiasts are a long way off gambling and often need help. On top of that, they should understand that, with cryptocurrencies, they can also replenish a fiat casino account.
You can choose, for example, Euros or Dollars as game currency and replenish even a fiat account from your crypto wallet.
Crypto Casinos Types
Crypto casinos can be of several types, and they all are classified according to the cryptocurrencies they accept. For your convenience, we have divided them into:
- Bitcoin Casinos (BTC)
- Ethereum Casinos (ETH)
- Dogecoin Casinos (DOGE)
- Tether Casinos (USDT)
- Litecoin Casinos (LTC)
- Ripple Casinos (XRP)
Some online casinos support all these cryptocurrencies. Most of them do not forbid players to have several currencies simultaneously on one account.
Main Pros of Cryptocurrency Gambling
Online casinos came to using cryptocurrencies for a reason. Enormous control by different states and their tax authorities used to scare both casino owners and players. It applies first of all to major players, usually called High Rollers. By the way, there are also purpose-made casinos for such players entitled precisely High Rollers Online Casinos.
In short, virtual currencies provide an alternative method of processing payment on casino websites without the restrictions associated with fiat currency processing. But it is not the only con when the point is cryptocurrency and blockchain in general. Let’s investigate other pros as well.
- Lack of guarantee. Every user is solely responsible for savings. There are no regulatory mechanisms here, so, in the event of theft, it will be impossible to prove it and get the money back.
- Volatility. Cryptocurrency is unpredictable since it depends on the current demand that, in turn, can change due to changes in legislation, current opinions, and other factors. For this reason, fluctuation of virtual money prices occurs.
- Risk of prohibition or restrictions. Government institutions are wary of cryptocurrency. Many countries have imposed restrictions on its use, and violators can fall across fines.
- Losing hazard. The “key” of access to electronic money is a unique password. If you lose it, the crypto coins in your wallet will become unavailable.
Among the pros we like best at various Crypto Casinos is that virtual currencies like Bitcoin are decentralized. It means that they do not depend on either governments or banks and can allow you to manage your funds in full. They cannot be blocked by any means, and your account cannot be frozen. Moreover, when playing at bitcoin casinos, you can transfer your funds to a crypto wallet without a third-party observation. It is decentralization that makes tax authorities of various states kick themselves.
Any commercial company, whether a bank or an electronic payment system, for example, Skrill or Neteller, makes money with fees. Fees are charged for all transactions and are usually paid by the sender. So, if you make a deposit, you are a sender. As for winnings withdrawal, this fee is paid by the provider, that is, directly by the online casino. If Blockchain is the case, it is much cheaper because the fee amount in cryptocurrency is several times lower than in fiat currencies. Isn’t it great?
Do you know at least one person who has never heard of cryptocurrencies? And you know what? Sooner rather than later, there will be no at least one player who has no idea about Crypto casinos. The geography of cryptocurrencies distribution has already covered the entire planet without leaving any state aside. Such popularity inspires confidence and great hopes for the further development of decentralized payments.
During transactions, all your personal data remains hidden. All system participants can see your transfer, but nobody will ever know anything except the transaction amount. Some Crypto Gambling Websites offer completely anonymous accounts, which means that you can play your favorite games without disclosing your data at all. Besides, the transactions made at Crypto Casinos will never be reflected in your credit card history or bank statement.
Cryptocurrency Casino Bonuses
Usually, the cryptocurrency bonus is well-proportioned to the real money bonus, although there are exceptions. For example, the Bitstarz Casino offers its players a First Deposit Bonus of 2 types:
- In fiat currency – as little as up to 100EUR
- In cryptocurrency – as much as up to 1BTC. It is just a tremendous money sum.
Below, see the table with 5 most profitable Crypto Casino bonuses.
|Bitstarz||Up to 1BTC||35x|
|Playamo||Up to 0.02 BTC||35x|
|Stake Casino||Up to 0.3 BTC||30x|
|Woo Casino||Up to 0.02 BTC||35x|
|National Casino||Up to 0.05 BTC||35x|
Bonus rules and regulations usually coincide with rules for playing with fiat money. We still advise our visitors to study bonus offers details before the game starts.
What Online Casino Games Can you Play with Cryptocurrency
We warn you at the very outset that if you want to play all games without exception, register an account in EUR or USD only. As we mentioned above, you can replenish it using your crypto wallets. If you want to play in cryptocurrency only, be ready to have a limited list of games. We provide the list of Game Manufacturers and their most popular titles in the following table.
What is Cryptocurrency
Cryptocurrency is a variety of digital currency where a decentralized payment system manages and records internal payment units (there is no either internal or external administrator or its analog) that run fully automatically. In itself, cryptocurrency does not have any special material or electronic form – it is just a number that designates the number of payment units. It is recorded in the corresponding position of the information package in the data transmission protocol, and, often, it is not even encrypted like all other information about transactions between system addresses.
The term Cryptocurrency become permanent when the article about the Bitcoin system titled Cryptocurrency was published in 2011 in Forbes Magazine. At the same time, the creator of bitcoin and many other authors used the term “electronic cash“.
Cryptocurrency Operating Principle
Payment (cryptocurrency transfer between the addresses) occurs without the intermediaries, and it is irreversible since there is no mechanism for canceling a confirmed operation, including cases when payment was sent to the wrong or non-existent address, or when the transaction was made by third parties that get to know the private key. Nobody even temporarily can block (arrest) cryptocurrency either at a specific address or as a whole since it is always at the disposal of the owner of the private key for the particular address.
However, the multi-signature technology allows to engage a third party (the arbitrator) voluntarily and implement “reversible transactions” that can occur against the will of one of the parties. More complicated conditions (smart contracts) are implemented using special script languages. The issue of double-spending common to electronic payments is addressed by using technologies such as blockchain, directed acyclic graph, ledger, and others. Information about transactions is usually not encrypted and is available as open content without registering with the system.
The rules of forming a new cryptocurrency amount (emission) are initially set out by the protocol. Usually, they are of a lottery nature with various factors affecting the probability of winning, such as the speed of solving the set problem (mining) or the share of the set resource ownership (forging). In some cases, organizers initially form and distribute a part or the whole of the declared cryptocurrency volume by subscription (ICO).
Usually, only one technology is used, but some cryptocurrencies use them as combinations. Discussions are underway about the economic essence and legal status of cryptocurrencies. Different countries consider cryptocurrencies a means of payment, a specific product, an electronic asset that may be partially removed from trading circulation (for example, a ban on transactions for banking institutions).
The digital currency is fraud and duplication resistant, and its quantity and emission are strictly limited, for example, for the largest cryptocurrency Bitcoin (BTC), the maximum amount is 21 million coins (i.e., they will never create over 21 million BTC).
How to Get Cryptocurrency
- Purchase of cryptocurrency. The most available and the easiest way to get digital currency for rubles or dollars is to buy it on a cryptocurrency exchange. It is worth noting that cryptocurrencies exchange rate on the exchanges is more profitable than on exchangers and crypto-wallets.
- Classic mining method. Miners provide a hash rate of their ASICs, video cards, and processors to mine cryptocurrency using the computing capacity of mining equipment.
- Cloud mining. The most profitable way to get bitcoins in the long term. It is a rental capacity of a cloud mining service in the form of a year’s contract.
Let’s Sum up the Results
Crypto casinos are convenient and reasonable. Most cryptocurrency fans care for their anonymity, which means that such casinos are perfect for them.
All you need is to choose the best provider and start playing. We have already spoon-fed the relevant information in full. You only have to take 3 specific steps:
We call an important complement the fact that it is a little more difficult to play in cryptocurrency. It is easier for a player to track his balance and bankroll as a whole if it is in dollars or euros. Therefore, we recommend all players stay alert and have good luck!
Crypto Casinos F.A.Q.
Absolutely! Especially if you play at reliable casinos. The team of our site selects only the best sites for you to play. They are the ones who become the objects of online casino reviews on casinova.info.
No matter it sounds strange enough, in most cases, it is YES! But there are no issues for concern since in good casinos your data is completely secure.
Mostly, no! However, the Bitstarz online casino has become an exception in this case. While a usual player is eligible for a bonus of only 100 Euros, for a cryptocurrency player it is up to 1BTC. It’s tremendous difference, isn’t it?
They are. And they are all listed on our No Deposit Casino Bonuses page. Just go there, select a bonus, and get it.
In the online casinos that we present for you on this page, payouts are nearly instant! In general, we are only advocates of fast payout online casinos. The speed of receiving the winnings was and remains the most significant factor for us when carrying out ranking.