Everyone who has ever searched for online casinos on the internet would have probably found tons of cryptocurrency gambling websites. No wonder why because crypto gambling is becoming a more and more popular form of gambling. The reason is simple – playing crypto games, make transactions receiving bonuses in cryptos has so many advantages towards using traditional payment methods. Cryptocurrency gambling is a very popular activity nowadays for gamblers. Most of the players acknowledge the number of benefits they can get by using cryptos in the online gambling industry and this is why casinos that accept cryptos are becoming increasingly popular.
Crypto casinos are focused mainly on Bitcoin but there are many casinos that accept different cryptos as well, such as Ethereum, Litecoin, Dogecoin, and many more. Besides, some of the casinos choose to be hybrid types and accept both fiat currencies and cryptocurrencies to make their service more convenient for the customers. People find cryptos more attractive than fiat currencies because blockchain technology is completely decentralized and is not governed by authorities. Therefore, players can easily take part in crypto gambling without any concerns that somebody would detect what activities they participate in and how they spend their money in the online gambling industry.
Thanks to cryptos, players can make absolutely anonymous transactions and be sure that nobody has access to their personal information. Unlike ordinary fiat casinos, crypto casinos are a great option for players due to the anonymity aspect, great choice of online game variations with zero transaction fees, and besides, with cryptos, there are unlimited free daily transactions most of the time.
If we look at the recent growth of BTC, probably this casino will become even more popular because nowadays people consider Bitcoin as an investment. In recent years, the price of Bitcoin has been rapidly growing. In January 2020 BTC price was just above $7100, but it didn’t stay down for long, and by mid-February, it was already up to $10 2000. Of course, it was a very positive thing for crypto gambling sites. Now as December 2020 metrics show, the average price of one bitcoin is approximately $19 000. This means that people will continue to buy BTCs which they see as an investment and therefore, the number of crypto-gamblers will grow even more.
Crypto gambling is a relatively new term in the casino world. It implicates the option to use coins like Bitcoin, Ethereum, and others to deposit and withdraw funds on online casinos. It is generally legal all over the world and acts as the most transparent wagering platform today.
As you can see, cryptocurrency gambling is becoming increasingly popular in the entire online gambling industry. There are plenty of online crypto casinos on the internet nowadays but not all of them are reliable. This is exactly why we decided to review all these casinos in detail so that you will have a chance to find out everything about these crypto gambling sites. So, look at the table below carefully, check these crypto casinos, and don’t forget to register in order to gain your bonuses!
180%
Yes
1 Lucky Free Spin
3000+
Yes
Task Hub
100%
Yes
25
2000+
Yes
Free Crypto Faucet
110%
No
300
9/10
Yes
mBit races
100%
No
150
9/10
Yes
Giveaways
110%
Yes
300
9/10
Yes
FortuneJack Coin
100%
No
200
4/10
Yes
PlayAmo App
100%
No
130
8/10
Yes
Drops & Wins
150%
No
50
9/10
No
TrueFlip Token, TrueLab Games
100%
No
200+
9/10
Yes
4 Back-to-Back Bonuses
100%
No
100
8/10
Yes
Welcome Race
100%
Yes
100
6/10
Yes
5 Coins
100%
No
20+
9/10
Yes
Bonus on every deposit
100%
No
200
7/10
Yes
Multilingual Platform
No
No
No Free Spins
10
Yes
Faucet Bonus and Rainbot Feature
100%
Yes
75
2/10
No
3 Welcome Bonuses
100%
No
190
3/10
Yes
The Big Bet Battle
100%
No
60
2/10
No
Bitcoin Value Weekly Cashback
200%
No
No
1/10
No
FunFair games, FUN token
Yes
Yes
Yes
1300+
No
Yes
110%
Yes
No
3/10
Yes
Virtual Sports
100%
Yes
10
1/10
Yes
Sportsbook
255%
No
112
1/10
No
Daily Deal Bonus
100%
No
250
6/10
Yes
VIP Program
Usually, players want to find out whether they have a legal right to gamble with cryptos or not. Sometimes online gambling can rise certain problems if a casino doesn’t have a legal status to operate, and with cryptos, things can be even more complicated. Even though cryptocurrency is accompanied by lots of advantages, this digital money isn’t even considered legal tender in many countries. Gambling with cryptocurrencies is considered legal by most jurisdictions in the world. Don’t be worried if you can’t find any information on the internet about the legal status of cryptos because generally, there are no specific laws that regulate crypto gambling. But just like this, in the majority of jurisdictions, you can’t find anything about prohibiting crypto gambling. Therefore, using cryptocurrency for gambling is neither officially allowed, nor restricted and this means that crypto gambling can be regarded as legal.
What is even more important is that the attitude towards Bitcoin is slowly changing. Some authorities already realized that Bitcoin gambling can be very beneficial for their economies which is why more and more countries are looking at cryptocurrency gambling positively and discussing regulating blockchain-based services. Although BTC is not still regarded as a real currency, and governments clearly prefer fiat money, the situation may change in the near future.
Currently, there are thousands of cryptos to use, and even more, are in the process of establishment. All these tokens are used as payment methods, people consider them as an investment but one of the most widely spread usages of cryptos is indeed for the online gambling industry. Players have the possibility to find casinos of different types and different services that accept a number of cryptos. While some online casinos accept only BTC, others have multicurrency options and accept several leading cryptos at the same time. Even more, some crypto casinos acknowledge the benefit of having their own coins which is why you can find casinos that have created their own crypto tokens to increase the advantages received from betting on cryptocurrency.
However, not all cryptos are equally popular and equally beneficial for online gamblers. Some of them are clearly better to use in online casinos than others. Some of the major cryptos that are accepted by most of the popular online casinos are the following:
Bitcoin is the most popular crypto in the whole world of digital currencies. Currently, it;’s an integral part of the entire online gambling industry and is considered to be completely legal in most parts of the world. This is one of the reasons why it’s really a perfect option for players all over the world.
Litecoin is just a newly established cryptocurrency which already gained great attention from casino users. Gambling with LTCs is a smaller part of the crypto industry compared to BTCs, but thanks to its anonymity, immediate transactions, and low fees, it’s considered one of the best options to use for cryptocurrency betting.
Ethereum is another great decentralized digital currency that is based on its own Ethereum system. Ethereum blockchain is the main reason why gambling with ETHs is more accepted by authorities compared to other cryptos. Gambling-related transactions can be made immediately and completely safe using this cryptocurrency.
One more great option to gamble with cryptos is to use Dogecoins. It’s among the most advantageous ways to gamble with cryptos because just like other coins, DOGE has so many benefits, like anonymity, and fast transactions. Moreover, DOGE is considered the most reliable crypto of all. Therefore, online casinos often have DOGE as an option to make deposits and withdrawals on their platforms.
Most of the leading online casinos that accept cryptocurrencies have so many games where players have a chance to spend their cryptos. What is even more important, some of these crypto gambling websites offer the customers their own crypto games. Gamblers have diverse options for games to play with crypto. You can find different slots games where you can gain benefits using cryptos, or live casino games where actual dealers help users to deposit and withdraw money. You can also take part in crypto betting and get benefits when the price of cryptos increase. Let’s discuss these options separately.
Most of these BTC slots are created by the world’s leading software providers, such as BetSoft, Habanero, Endorphina. These operators play an important role in advancing the crypto gambling industry because they create high-quality crypto slots with amazing visuals, graphics, and music. The demand for BTC slots is increasing even more but in order to make sure that they play in a correct manner and avoid confusion, sometimes players try to search for guides to play BTC slots. So, if you are not sure how to play BTC slots, we suggest to check our guide on slots and follow the step by step guide. There is no big difference between ordinary slots and BTC slots, but the benefits received from crypto slots can be treated if you play correctly.
The leading software providers work hard to create special live casino games for crypto users in order to make their experience even more exciting. Among these providers are BetGames, Dream Gaming, Evolution Gaming, and many more. If you want to find out more about Bitcoin live casino games, we suggest to check our live games guide and see how they work and how much players can bet on these games. The industry of cryptocurrency gambling continues to develop quickly and effectively which means that players will have an opportunity to take part in even more Bitcoin live casino games in the near future.
If you wonder whether it’s legal to bet with cryptos, the answer is positive in most countries because nothing is said in the law about restricting placing bets using cryptos. Using Bitcoin, Ethereum or other cryptos for betting transactions is very convenient because blockchain sports betting lets players take part in online casino activities with almost perfect anonymity. Besides, the value of cryptos is rising quickly, so when you place bets it may rise before the sports event is over, and you may get even more benefits with the increased price of BTC or other cryptos.
As we already said, gambling with cryptocurrencies is related to so many benefits and advantages compared to traditional payment methods and fiat currencies. However, gambling with cryptos is not without some risks and there are also certain disadvantages. Let’s see what are the pros and cons of gambling with cryptos.
Cryptocurrency is a completely decentralized currency and all of the advantages of this digital money are produced exactly from not being governed by the central bank and or any authorities. When it comes to online gambling, safety and security are some of the most important aspects for players. That’s exactly why players choose crypto gambling sites. The main advantage of these platforms is guaranteed privacy, fairness and transparency, and quick transactions.
The speed of transactions is a very important factor for online gamblers. Some casinos don’t provide a very good banking system and making deposits and withdrawals sometimes takes several days to be conducted. Needless to say that players can’t be happy with the fact that their transactions should be verified by the banks and only after then will they have an opportunity to start playing and receive their bonuses. But with crypto betting, things are completely different.
One of the most attractive advantages of crypto gambling sites is indeed fast transactions. Cryptocurrency transactions are quicker than fiat transactions and besides, these transactions provide increased security. The main contributor to the speed of crypto transactions is the blockchain technology that allows players to withdraw their funds at lightning speed. Typically, it takes just several minutes or less to receive funds which makes betting cryptocurrency very convenient for online gamblers.
However, crypto gambling is not without disadvantages. There are some downsides of betting with cryptos as well, including the fact that cryptos are volatile in nature and they carry certain risks. This is why sometimes players refuse to take part in crypto gambling.
However, volatility is not an absolutely negative factor and it can be both a pro and a con at the same time. Volatility means that the price of crypto can not only drop, but it can also rise quickly and suddenly. Therefore, players can gain even more benefits with the rise of its price instead of losing their funds.
Although we already discussed the main mechanisms of gambling with cryptos and its accompanied advantage,s it’s not everything. There are some other perks as well and these are bonuses and exclusive crypto games.
Some of the crypto gambling sites that have the most attractive no deposit bonuses are ForutuneJack, BitStarz, and 7Bit. But in order to take advantage of these bonuses, most of the time you need to use certain promo codes. That’s why we recommend reading this guide in order not to lose the chance to get a no deposit bonus while gambling with cryptos.
To sum it all up, we can say that taking part in the cryptocurrency industry can be very favorable for every single player worldwide. These days, the majority of sites require players to use traditional currencies to place bets, but more and more crypto casinos are established and chances that you will get plenty of benefits by just taking part in this crypto is gambling platforms rise every day. As the price of BTC and other cryptos continues to rise, gambling with cryptos becomes more and more advantageous.
So, you can take advantage of guaranteed anonymity, fast transactions, or a great variety of BTC games and take part in the crypto gambling industry in which you will be the only one that controls everything. You can openly play BTC slots or participate in blockchain sports betting and be sure that your funds are protected and nobody has access to your personal information.