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There has been a wave of change in the online gambling space in recent years. More and more countries have set up regulated online gambling markets, leading to people having a much bigger range of options being available to them.
There has also been the emergence of crypto gambling sites. These are platforms that first and foremost focus on dealing with cryptocurrency users. There are certain similarities between crypto casinos and real online casinos, but you’ll also quickly see that there are plenty of differences. This article will take you through why many people are saying that cryptocurrency casinos are the future of gambling.
What are Crypto Casinos?
Cryptocasinos are platforms that first and foremost focus on catering to cryptocurrency transactions. This means that you will be mainly using cryptocurrencies to make deposits and withdrawals, with your account funds being in the form of one of the supported cryptocurrencies. Some platforms will only focus on a single cryptocurrency, but most will cater to a good range of different tokens.
There are often very large libraries of games on offer at crypto casinos, as well as more lucrative bonuses, faster transactions, and an all-around better offering. This really sounds good to a lot of online casino players, which is why there is a constant stream of users transferring over to crypto casinos from regular types of online casinos. We’ll now take a deeper look at some of the main areas of differentiation:
Straightforward Sign-Up Process
The registration process for most online crypto casinos will be extremely easy. Some of the more hardcore crypto casinos will only need you to choose a password and username to kick off a new account. Others will ask for a bit more information.
The process usually will take no more than a minute to complete, allowing you to get funds into your account and begin playing your favourite titles in no time at all.
Fast, Safe, and Easy Transactions
There are many advantages associated with using cryptocurrencies to make payments. They are seen as being very safe, fast, and cost-effective ways to move money around. These qualities tend to translate nicely over to using crypto casinos. You will not have to deal with long withdrawal times, which is often the case with traditional casinos.
You also will have a very reliable and secure way to transfer funds. This goes for both when you are making a deposit and a withdrawal. The process of transferring funds is also quite straightforward.
Bigger and Better Bonus Offers
There will often be bonuses that are bigger and better at crypto casinos. These offers will be available usually when you create a new account, as well as throughout your time using a given platform.
Almost every single crypto casino will have a welcome bonus on offer. These will differ in terms of size and their wagering requirements. Then there can often be some exciting promotions available to current bettors, such as cashback deals and reload bonuses.
Exciting Collections of Games
Some of the biggest collections of online casino games that you are going to come across will be through crypto casinos. This is because they tend to work with a large range of different game studios.
You’ll often find games for both the biggest companies and some that you have never heard of before. This gives you access to an ideal range of different styles for games. You will often have access to thousands of different options, covering all major types of online gambling.
This means that you’re rarely if ever, going to get bored when you are playing at a crypto casino. There will also not really be any restrictions on game features, something which is not the case with a lot of traditional types of online casinos.
International Recognition and Anonymity
There are more and more people every day embracing cryptocurrency and understanding the benefits that they can bring to the table. Globally, there are becoming much more accepted, even on traditional types of online casinos. Many people particularly enjoy the privacy element to using cryptocurrencies.
We are living in a time when there is a big emphasis on protecting personal data. The last thing people want is to have to provide an abundance of personal info to an online casino. This is because there might not be the best security protocols surrounding the data of customers at certain online casinos.
Thankfully, crypto casinos tend to ask for little to no personal info from their user. If there is any info that you need to supply, it is kept fully encrypted when you are using the leading crypto casinos. This is something that will give most people a lot of peace of mind. It is worth noting that some sites may require basic Know Your Customer (KYC) checks when making withdrawals, which fall in line with anti-money laundering practices.
A whole lot of great benefits
Now that you’ve seen some of the main areas where crypto casinos stand out from traditional types of casino sites, you will be able to have a think about whether or not you want to create your own account with one of these sites. There is most certainly a lot to like, but they won’t be for everyone.
It tends to boil down to those people who enjoy having a massive range of freedom and choice versus those who want more regulations and restrictions. There is also nothing wrong with having an account with both a crypto casino and a regular online casino.
This means that you will be able to chop and change between both options depending on what you might be feeling on a given day. You will then really be getting the best of both worlds. Starting with a crypto casino today takes little to no time at all, so you’ll be enjoying all of the best casino games in no time at all.
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Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.