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Cryptocurrencies have gained so much traction over the last few years. People have realized that digital currencies like Ethereum and Bitcoin have great potential. Thanks to this improved popularity, most online ventures have begun including crypto as a payment option.
Online gambling establishments are among the quickest online-based businesses to adopt cryptocurrency. Although crypto games are increasingly becoming prevalent, most interested players do not know what they entail.
The following are some of the things you need to understand about crypto casino games:
What Does Crypto Gaming Involve?
Crypto gaming combines online casino games and gambling with cryptocurrency. It allows you to wager using popular cryptocurrencies such as Litecoin, Ethereum, Dogecoin, and Bitcoin instead of traditional fiat currencies.
However, there is no significant difference between regular online casino gaming and crypto gaming besides the currency used to load your account. Although most casinos run on a web browser, some have mobile apps that enable you to play crypto games on the move.
Cryptocurrency has transformed the face of online casino payment. Top crypto gaming platforms have changed how we enjoy our favorite online casino games. This has paved the way for the modern gambling environment that is constantly evolving.
How to Play Crypto Casino Games
Most people assume that initiating a crypto casino gaming adventure is complicated. On the contrary, it is pretty simple. Following the steps, you will be fully prepared to embark on an exciting crypto casino quest.
1. Select Your Crypto Wallet
Your crypto wallet works the same way as a conventional wallet. However, the odds of it falling out of your pocket are minimal. A wall crypto wallet provides a safe location to store and retrieve your digital assets.
There are numerous crypto wallets in the market. All you need to do is select the most suitable one for you. You will receive a digital address associated with your account after registering. Ensure you choose a reputable crypto wallet service featuring a crypto exchange that allows you to buy or exchange conventional currency for cryptocurrency quickly.
2. Buy Crypto
By logging into your crypto wallet, you can purchase cryptocurrency through traditional payment modes. Although Bitcoin may be the most prevalent cryptocurrency in the market, it is not the sole viable crypto for online gaming.
Therefore, you should research to find the most suitable coin for you that is supported by your favorite online gaming platform. But you shouldn’t worry since crypto casinos offer some of the most reliable payment modes globally.
3. Pick a Casino That Supports Crypto
Your choice of online casino will be based on which crypto you buy or vice-versa. You must pick an online gaming platform that accepts your cryptocurrency. Fortunately, almost all online casinos support significant cryptos like Bitcoin, Ethereum, and Dogecoin.
You should also determine if the casino hosts your favorite games and whether it offers attractive promotions with suitable wagering requirements, among other factors.
4. Deposit Funds
In some instances, topping up your gaming account with crypto is much easier than using traditional payment modes. Your first step should be checking out the crypto options on your account page.
After selecting a cryptocurrency, you will receive the casino’s wallet address. Enter this address into your wallet and choose the amount of funds you want to transfer. Your account will be updated to indicate your appropriate balance within a few seconds. The credit may be converted to USD/EUR/GBP, depending on your operator.
5. Select a Game
Crypto casinos have a wide range of games. Before selecting a fair game, you must consider factors such as its RTP and wager level. You should also check out the game's rules and payouts since they may not be the same as regular casino games. In some cases, crypto casino games have more favorable RTPs than traditional ones.
6. Withdraw Your Cryptos
Similar to making deposits, withdrawing your winnings is easy. After clicking the ‘Withdraw’ button, you will be prompted to key in the amount and the crypto you want to draw. You then enter your crypto wallet address to initiate your withdrawal request.
Crypto casinos have due diligence checks that guarantee the fair withdrawal of funds. These checks are in line with anti-money laundering and counterterrorism policies.
What Are The Benefits of Playing Crypto Casino Games?
There are numerous advantages of playing on crypto gambling platforms. Besides enabling easy deposit and withdrawal of funds, other benefits of crypto casino gaming include:
Crypto Casinos Offer an Anonymous Online Gaming Experience
Crypto online gambling platforms are wholly unregulated and decentralized. This ensures that players have an anonymous gaming experience since the transactions never link to their identities. Unlike traditional casinos, crypto casinos do not request a player’s personal data. Anonymity is beneficial to players across the world, especially those in jurisdictions where gambling is strictly regulated.
Crypto Casinos Charge Lower Fees than Fiat-Based Casinos
Crypto casinos usually have lower transaction fees than traditional gambling establishments. Crypto casinos are beginning to support cryptocurrencies that have lower exchange rates. This ensures that everyone can afford to enjoy their favorite casino games. On most crypto gambling websites, transferring funds to your crypto wallet is free.
Crypto Casinos Have More Games
Crypto casinos have more diverse gaming portfolios compared to traditional gambling providers. Most crypto gaming platforms offer sports betting, card games, and slots and even support crypto trading. These platforms provide between 300 and 500 gambling experiences, a considerable portion of them being unique to crypto gaming.
Crypto Gaming Platforms Provide 24/7 Customer Support
All top crypto gaming establishments provide around-the-clock customer support programs. Contrary to traditional casinos, they even offer dedicated assistants for VIP games. Since they are entirely digital, expect various customer support options when playing on crypto casinos. You can contact them via Facebook, Twitter, toll-free numbers, and WhatsApp, among other platforms.
They Ensure Fair Games through Third-Party Audits
Lack of regulation in the crypto gaming scene leads to criticism since players cannot tell when they are being cheated. Therefore, crypto casinos have resorted to third-party audits to guarantee fair games. Independent audit firms spearheaded these audits that check the casino's software, finances, and game logic.
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.