Crypto gambling has seen a rise in popularity in recent years, thanks to the perks associated with using virtual currency. That said, Crypto being a relatively new payment method, we acknowledge that several questions exist regarding playing at the best Crypto online casinos. But don’t worry; everything you need to know about crypto gambling is right here.
Why use Crypto to gamble?
Many people may wonder why they should use this payment option at online casinos. There are many reasons, but below are a couple of them:
Cryptos allow you to deposit/withdraw and exchange financial info without the risk of being hacked. As you might be aware, blockchain technology (that powers Crypto) offers the safest online transaction. Furthermore, you can gamble discreetly as transactions can be made anonymously.
Bank transfers typically take a few days to complete. They are frequently required to pass various levels of certification. The financial transaction system has many diverse aspects. Crypto coins are transferred straight from your wallet to the casino in a matter of seconds; thus, you can start playing your favorite casino games immediately.
Unless the casino site charges a fee, it is often cheaper to transact with cryptocurrencies. Many payment methods rely on transaction fees to generate revenue, but this is not the case with cryptocurrency.
How to play with Crypto
Okay, since you now know why people prefer using cryptocurrency to gamble, why not look at how to use them on the best crypto online casinos sites. Below are simple steps to playing with Crypto:
- Open a crypto wallet
- Acquire some coins
- Pick a casino site to play at
- Make your deposit
- Pick your favorite casino game.
Open a crypto wallet
This is the very first step you need to take if you wish to play real casino games in Crypto. You can skip this step if you already have a wallet. If you’re new to this, you can pick from among the tens of digital wallets presently available. Simply create an account, and you’ll be given a digital address that’s linked to your account.
Acquire or buy some coins
Another thing, you need to have some crypto coins in your wallet to play online casino games. To do this, log in to your wallet and purchase coins using FIAT currency, just as you would purchase anything else online. Select the type of crypto coin you wish to purchase (Bitcoin is the most popular currently) and the amount you want to buy, and within no time, you will have a funded wallet.
Pick a casino site to play at
Now that you have a fully funded wallet, it’s time to put your coins to work. You can choose one of the sites we have reviewed or research a site that accepts cryptocurrency as a form of payment. Some of the key things to look for in a casino site are the license and type of games on offer. But this shouldn’t be a problem as whatever your pick, you always have an option of changing if you wish.
Make a deposit
Go to the “Payments/cashier” page on the casino site of your choice and pick Crypto as your payment option.
After selecting Crypto as a payment method, input your wallet address, as well as the amount you wish to deposit, and an authentication key to complete the transaction. This can take anywhere from a few seconds to several minutes at most.
Pick your favorite game
Now it’s time to have some fun! Go to the lobby, find a game you’d like to play, and choose a table and stakes level. The gameplay is usually identical to playing with CAD or other traditional currency. However, always study the rules of each game before playing, as some have conditions that can affect your chances of winning.
More cryptos are being introduced, translating to even more payment options at casino sites. The online gambling industry was one of the first to embrace cryptocurrency, and we are sure it will continue to innovate new ways for you to use your digital wallets to fund accounts and play your favorite games.