Most probably, you've heard some hype around cryptocurrencies in the online casino scene. And for your information, there is a lot of things to sift through. Nonetheless, one thing is for sure. Cryptocurrency continues to become one of the most popular payment methods at major online casinos. In fact, most modern gaming sites have several of these crypto methods. Think of it as a marketing strategy. Besides being quick, cryptocurrency allows you to make payments anonymously. So, any transaction you make won't be traced back to you. If you love hiding your gambling patterns, crypto may be your best choice.
Since 2008, when the first cryptocurrency (bitcoin) was introduced, tens of casinos have adopted this new payment mode. Notably, some sites are even block-chain only casinos. That's to say, there is no other banking method available apart from cryptocurrency. If that doesn't suit your interests, you still have plenty of options. Again, there are different crypto payment methods. You can choose Bitcoin, Ethereum, Litecoin, Dogecoin and several others. However, you need to understand how each of them works. Like any other currency out there, cryptocurrency keeps changing in value. Understanding how it works will go a long way in boosting your online gambling experience.
What online casinos accept crypto?
Globally, there are hundreds of online casinos accepting crypto payment methods. The number will definitely go higher with time. Therefore, you will never lack crypto casinos. The best part is that you can access them from anywhere in the globe. Well, there may be some limitations based on your jurisdiction, but crypto casinos are always available. Even so, you need to be careful when choosing these sites. Though rare, some operate illegally. Others promise more than they can deliver and some are not trustworthy. So, you need to do some background checks before choosing a crypto casino, or any gaming site for that matter.
Interestingly, some crypto casinos such as Bitstarz and 7bit have a dedicated section for crypto games. Others like mBit are designed exclusively for crypto gamblers. In fact, mBit has over 1600 crypto games with features provably fair for a crypto gamer. Other top crypto casinos include Casinoin, Casino Z, Wild Blaster Casino and Casino Rocket. Overall, there are plenty of gaming sites accepting crypto payments. Just choose one that suits your interests. But as you do so, be careful not to fall in the hands of exploiters. One way to avoid that is by reading other players' reviews about that particular casino.
How to make a crypto payment
To make a crypto payment, you need to set a digital wallet first. There are different wallets you can set up, but the most popular ones are online wallets, software wallets, hardware wallets and paper wallets. Notably, online wallets are the most efficient, but you can choose whichever you like. If you decide to go the online way, sites like Coinbase and Circle may help you set up the wallet. They'll even assist you in purchasing the cryptocurrency, and also sell them if you want to. Anyway, once you have your digital wallet, head over to your preselected crypto casino.
If you don't have an account yet, open one and login. Navigate to the banking page and select your preferred crypto method. After that, the casino will give you their wallet address. Copy it and head back to your crypto wallet. Once there, paste the casino's wallet address, enter the amount you wish to transfer and authorize the transaction. It may take a few minutes to process, but it's usually instant. When complete, the transferred amount will appear in your player account at the casino site. You can now go ahead and place bets on your favorite games. It's that simple.