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The casino industry has been evolving at a very fast rate leaving us monitoring and enjoying the new changes every day. We started with online casinos taking over and replacing land-based casinos. The legalization of online gambling has left players looking for anonymity.
Luckily, the current trend (crypto casinos) has come to solve that problem. Crypto casinos have introduced anonymity and fast transactions. But how can you roll the dice in the bitcoin casino?
For more details, please continue reading our crypto casino gambling guide.
Open a Crypto Wallet
Before you even open a crypto casino account, you must have a crypto wallet for storing your cryptocurrency. It stores crypto coins; plus, no one can access these wallets.
Fortunately, there are various wallets available, so you can start with either hot or cold wallets. A cold wallet is offline, while the hot option is linked to the internet. But since you'll be using the coins to gamble, you should go for a hot wallet.
You can find these crypto wallets in the mobile phone app store, which has a browser that you'll use to link to the internet. But you'll need a unique key to access your wallet.
Purchase Some Crypto Coins
Generally, crypto casinos work with several crypto coins, including Litecoin, Bitcoin, Ethereum, and Bitcoin Cash.
If you plan on working with Bitcoin, you can look for exchanges like Binance or Coinbase and purchase some coins. Create an account and purchase some coins with your debit or credit can and then move them to your wallet.
The exchange will have instructions on how to deposit your crypto coins in your hot wallet. To transfer the coins all you need is the wallet's address which is a string of numbers and letters. But you'll be charged a small fee for the transaction.
Pick the Right Crypto Casino
With the crypto coins already in your wallet, the next step is selecting the right crypto casino and opening an account. Remember, there are several crypto casinos, so when picking a casino, you should consider several factors.
For instance, you should examine the games available but focus more on your favorite games. If you plan on using a mobile device, then you should get one with a casino app. Other things to consider include welcome bonuses, compatibility, and customer support.
Open an Online Casino Account and Start Playing
After opening an account, you can make your first deposit and enjoy the welcome bonuses. Login to your account and then go to the deposit page and pick the crypto option and then input the wallet's address and pick how much to deposit.
The coins will be in your betting account in minutes. With the account open and your cash deposited, you can start gambling and even withdraw your winnings.
Conclusion
Crypto casinos have lots of bonuses for new and existing players, but you have to start by creating a crypto wallet. Buy the crypto coins and then save them in your wallet. Finally, you can open a crypto casino account and start gambling.
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.