Nowadays, online casinos are adding the ability to make deposits and withdrawals using their cryptocurrency wallet or brand new casino crypto are being created, aimed solely at players who want to use their cryptocurrency funds.
Players are lucky that more and more online casinos and gambling sites are being created, because the competition in this industry is getting higher and higher. All the sites are fighting for market position, but mainly for the users. They have to introduce more and more interesting bonuses to encourage players to create an account. Users pay attention not only to bonuses. Bonus conditions, number of games, payment methods, site translation, type of currencies, customer service, access to demos are important. However, the most important issue is the honesty of the online casino, including the transfer of payouts.
There is a myth that the sites’ management companies do not pay out winnings or there are always problems with it. They are partly right, as there are several unscrupulous casinos that take advantage of players’ passion by not providing sufficient protection for personal and banking data. Also, as in any other industry, there are many sites that appear just to make money and disappear from the market.
Obviously, scammers don’t care about branding. Nevertheless, before you make a deposit at a particular online casino, read reviews about the platform. Let’s avoid sites that transfer winnings late, and there are often problems with that. Of course, there is a support team and we can get in touch and explain the problem, but once, not as standard. This takes time and is a kind of stress. Read on for tips on what to look out for when choosing a casino to play at.
The best online casino for cryptocurrency gaming
Choose a reliable casino and you will enjoy a smooth and hassle-free gambling session. If we are interested in making deposits and withdrawals at a casino using cryptocurrencies, we need to look for a reliable site, which can be challenging due to the variety of platforms. A cryptocurrency online casino is no different from a regular casino. It is enough to take a look at a few sites like Red Dog to see for yourself. The online casino simply accepts cryptocurrency payments. We can deposit and withdraw money in the same way as with other methods. These are often world-class gambling sites, so we can easily create an account by simply ticking cryptocurrency as a payment. Of course, we can always change it to PayPal, EcoPayz or any other available on this site.
Cryptocurrencies are becoming more and more common, so there are more and more players interested in working with them. The best cryptocurrency online casino such as Red Dog has at least one bonus for its new customers and several bonuses for those who, having an account, pay with bitcoin, for example. Therefore, it is worth choosing a site that offers additional profits and rewards for funds for players who fund their account with one of these cryptocurrencies. We can get a partial refund of the money lost during the week. This bonus is known as cash back and usually applies to players who deposit through one of the e-wallets.
The best cryptocurrency online casinos have managed to improve this promotion so that we get cashback if we use digital currencies. Before creating an account, let’s check if the online casino has unique bitcoin games. Usually they are similar to their original versions, but some slots may have jackpots, for example.
Advantages and disadvantages of cryptocurrency casinos
Are gaming sites that accept cryptocurrency the best entertainment for the money? Surely everyone has their own opinion on this matter.
Read the main advantages and disadvantages of cryptocurrency casinos and decide if you want to open an account with them.
Advantages:
- No legal restrictions;
- Fast deposits and withdrawals;
- Transparency of the transaction;
- Special bonuses and promotions.
Disadvantages:
- Small number of crypto casinos compared to traditional online casinos;
- Volatility of cryptocurrency;
- Conversion fees.
How to make a deposit at a crypto casino?
Making payments at a casino that accepts cryptocurrency is very easy. This is one of the biggest advantages of these gaming sites. All you need to do is have your cryptocurrency wallet address handy.
Don’t forget about casino bonuses . See if you can claim free spins or other deposit bonuses. Some casinos are really creative! When making a deposit, make sure the deposit amount meets or exceeds the minimum amount to qualify for the bonus.
Here’s what the process of making a deposit at a cryptocurrency casino looks like:
- Step 1: Check out the recommended cryptocurrency casino sites and choose the one you like best.
- Step 2: Go to the casino site, check out the terms and conditions, the selection of online games and create a new player account.
- Step 3: Once registration is complete, a window will automatically open where you can make your first deposit using your chosen payment method.
- Step 4: Select your cryptocurrency and complete the transaction according to the on-screen instructions.
Choosing the best online casino
Choosing a casino that only accepts cryptocurrencies can be a trap, so let’s be careful. The most important thing is the security of our data and funds. This is what you should focus on, regardless of the payment method you choose. An online casino that has a licence to operate is trustworthy. It does not cheat players on payouts as it is not profitable. We can always file an appeal, an application to the institution that issued the licence to operate to the owner of the gambling establishment, to a certain jurisdiction controlled by the state authorities. Every casino knows this and therefore avoids misunderstandings with players.
In any case, there is a history of games, so we have everything under control. If we choose an unlicensed site, we take the risk at our own risk. This doesn’t mean that all casinos accepting only cryptocurrencies are unreliable. They are not required to have a licence, but let’s choose wisely and make an informed decision. You shouldn’t fall for promises, but check each site thoroughly. The ability to operate with cryptocurrency is one thing, but the certainty of receiving the due payouts is a priority. Another compelling feature of an online casino is the games featured on the site.
The best cryptocurrency online casino offers hundreds of them. They fall into two categories: slots and table games. There is also a “live casino”. Let’s check out the site’s offerings and game providers. If you find games from well-known providers such as Microgaming, Net Entertainment, EGD, EGD, IGT, Playtech, Wazdan, RTG, for example, and other reputable developers, you can be sure that they have been tested and licensed.
