Crypto online casinos

After reading this article from the editors of our portal, acting under the leadership of Milan Rabszski, the South African player will certainly be interested in this issue and try their luck in the crypto casino. It will be easy for him to understand, because he will find answers to all questions:

• how cryptocurrency casinos work;
• what cryptocurrencies exist at all and which ones are most often used in casinos;
• what unique bonuses are available to the player;
• how is the process of making a deposit on the basis of cryptocurrency and how to withdraw funds;
• is it safe? protection of all user data in popular cryptocurrency casinos for Poles.

What are crypto casinos?

The functioning of cryptocurrency casinos is undoubtedly different from how ordinary online casinos work. The main difference is innovation, which is immediately associated with the dynamic development of each gambling option brand: payment, games, software and additional bonus options. The foundation of any cryptocurrency casino is the blockchain system. The meaning of this term will help us understand the translation from English – blockchain – a technology consisting of blocks of data that are formed with each other during a transaction or transfer of information on the internet. The blockchain System allows you to maintain a collective ledger of transactions that has been dispersed across the network. This technology is based on a peer-to-peer network, i.e. a network that does not contain a central device in which all data is stored, but is used to share files between users managing computers that are equal in the hierarchy.

We have noticed that cryptocurrency casinos are not ordinary casinos accepting one payment method with cryptocurrency. It must accept at least three or more types of cryptocurrency in order to receive the status of a cryptocurrency casino and be in various rankings according to this criterion. Due to this aspect, the option of choosing a payment method in such casinos shows a tendency to expand. So, now we can more often meet not only the popular and trusted Bitcoin, but also other cryptocurrencies that are recognized as the best: Ethereum, Litecoin, Bitcoin Cash, DogeCoin, Monero and others.

Almost all online casinos with a choice of cryptocurrency operate in any jurisdiction, and the user himself is in incognito mode, which indicates that all his transfers of this type remain anonymous. Such anonymity is due to the fact that in cryptocurrency casinos, the connection of the player's account with a bank account is not required, and the user does not have to go through a full registration with all his personal data. In addition, the same cryptocurrency works equally on all sites containing online and live gambling offers.

Elon Musk is not only the founder and CEO of Tesla and SpaceX, but also an influential figure in the cryptocurrency world. Every time he talks about cryptocurrencies in his interviews, cryptocurrency prices start to fluctuate. The last time was when Musk announced that Tesla wants to introduce Bitcoin as an official means of payment when buying a car. Then the price of Bitcoin went up by 10%.

The most popular cryptocurrencies in online casinos

Choosing the best cryptocurrency casino is really a $married issue, because such a casino offers players a lot of everything, and especially access to the best entertainment. In our table, we have collected up-to-date information on the limits for each cryptocurrency system, which were set by the brands in our Top 3 ranking. We have highlighted all the popular cryptocurrency payment methods that are accepted at these casinos: Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, Litecoin, Tether.

Deposits and withdrawal of winnings with the help of cryptocurrencies

Playing on so-called digital coins (i.e. cryptocurrency) is an alternative way to process transactions on online casino sites without any restrictions. With the help of cryptocurrency transactions, it is easier to make payments in any corner of the world for the reason that cryptocurrency does not have a physical equivalent. Therefore, making a deposit to a virtual casino is slightly different. First of all, it is worth paying attention to the fact that the user must have a cryptocurrency wallet, so if the player has previously set it up, the only thing next he should do – bring electronic data kryptoportfela. The algorithm for making a deposit using a crypto wallet is very simple:

1. The first step is to register at the casino and verify the user account. During registration, you must choose the currency on which you will make your deposit (ETH, DOG, LTC, BTC, etc.);
2. The next step is to find a payment section. Next, you indicate which method suits you. If you chose to pay with ETH during registration, then you must choose Ethereum;
3. A form will appear in front of you with your private address for deposits. This address will allow you to track for every transaction that appears on your balance;
4. Next, you need to log in to the crypto wallet application and connect with the casino using the QR code that will appear on the screen in the deposit form. The QR code is the private address where all your payments go. If you have any bonus code, you can also enter it in this form. Sometimes the casino immediately shows you which bonuses you can receive if you make a deposit of the required amount.

As for the withdrawal of funds, the procedure is also simplified, since the withdrawal of funds is also possible to the account of the electronic cryptocurrency wallet. Simply go back to the section with payments, select the option " withdrawal” and the system to which the funds must be transferred. In the same way, you connect to the wallet by entering the address of your account of a specific cryptocurrency wallet. Typically, the limits for withdrawals are set by the casino, so you need to take into account these requirements, choose the amount and click on the “withdraw”button. The average processing time of payment information depends on which crypto wallet you have chosen and what amount you intend to withdraw.

If you are thinking about how to exchange money for cryptocurrency, then you can buy ETH, BTC or other cryptocurrency in the casino itself by linking such conversion with debit or credit cards. You can check the amount of commission for conversion on the official website of each payment method separately.

The first crypto transaction began with the order of two pizzas from Papa John's. in May 2010, Laszlo Hanyecz paid about 10,000 BTC for a pizza, which at that time was worth almost $ 41. May 22 is known as Bitcoin Pizza Day.

Bonus offers for players at cryptocurrency casinos

Can it be said that players who have chosen a cryptocurrency casino online for their entertainment may be restricted due to bonus offers? I don't think so. As we said at the very beginning, the casinos discussed in today's article are distinguished by innovation, so when it comes to promotions, this principle also applies here. The best gambling brands try to offer an attractive welcome package for a player who has deposited with Bitcoin or Litecoin. Typically, this welcome package includes several welcome bonuses for the first few deposits. It is worth carefully reading the bonus Terms and conditions and on the basis of this to understand what amount it will be more convenient to deposit. Sometimes there may be a no Deposit Bonus Offer For Registration, so in this case no deposit is required. On top of all the offers at the very start, cryptocurrency casinos are also trying to console customers who deposit BTC, LTC, ETH or DOG, as well as further continue the entertainment. Therefore, they offer to join the group of players in the VIP club or add even more additional bonuses. All in all, it can be concluded that from the use of cryptocurrencies, players have the same benefits in the casino, since they receive such types of bonuses:

• welcome bonus for new players based on first deposits;
• cashback bonus – return cash to the player according to a set percentage of the deposited amount;
• VIP program-the higher the level, the more chances to receive new offers, which in turn is associated with an increase in the chances of winning;
• reload bonuses that change every week;
• promo codes are very popular at crypto casinos;
• tournaments and races between players who choose to pay in cryptocurrencies;
• Free Spins on the most popular slots from the BTC Games section etc.

Dogecoin appeared as a parody and was first a cryptocurrency for celebrities. Engineers Jackson Palmer and Billy Markus created Dogecoin in order to ridicule the hype that has grown around cryptocurrencies. That's why Dogecoin takes the form of a surprised dog face. Later, Elon Musk, Kevin Jonas and Snoop Dogg began to invest in this currency.

Security, license, integrity

The first thing we want to convey to our readers is that very often a casino that accepts cryptocurrencies does not have a license, which means that it operates illegally. For this very reason, players need to pay attention to reviews of this casino from other players, as well as whether it holds a place in any ranking on the best online casino review sites. In our ranking, we have placed the most trusted gambling brands, which we have tested according to all the most important criteria checking the security of cryptocurrency transactions, the protection of personal data, as well as all gambling offers from the casino. All casinos from our list give you the opportunity to safely play on your favorite slot machines completely anonymously. Very often, casinos that accept payments based on cryptocurrencies offer to create a player account, the feature of which will be maximum anonymity. The cryptocurrency casinos we have ranked are licensed by the most important gambling regulatory authorities across the country: Malta Gaming Authority, UK Gambling Authority and Curacao Gaming authority.

Anyway, we want to give you a few more comments that will help you increase the security of cryptocurrencies:

• install antivirus on your computer and on your phone;
• encrypt cryptocurrency wallet app with complicated password;
• sign in to cryptocurrency apps only from Secure Wi-Fi networks;
• backup your crypto wallet and keep it on another device;
• log in to SSL-encrypted domains;
• do not send more funds to the casino than you want to deposit for the game. It is worth remembering that the casino itself is not a wallet where your cryptocurrencies can be stored indefinitely;
• pay attention to how the payments are made. Among cryptocurrency casinos, there are those that allow you to make deposits in BTC or another crypto currency, and withdrawals in a completely different one, for example, SAN. In this case, verify that you have an SSL certificate.

Why cryptocurrency casinos are gaining popularity among players

A gambler who has already experienced playing in many online casinos with different concept, functioning and acceptance of different methods, usually goes to more interesting sites, which in this case are cryptocurrency casinos. Such players are motivated not only by the desire for new experiences and ultra-modernity, but also by much better conditions for playing roulette, blackjack, Baccarat, poker or gambling machines based on Bitcoins, litecoins and other cryptocurrencies. In this regard, you can distinguish several advantages of using the services of crypto casinos in South Africa:

• the speed of all transfers to the casino user's account;
• decentralization and autonomy-no one can get access to your earned funds;
• there are no intermediaries for cryptocurrency transactions;
• anonymity;
• digital money is not subject to inflation due to the fact that it is not linked to any financial structure;
• games in such a casino are available to any player, and you can also easily play from your mobile;
• security of all types of transfers;
• the bonus wagering requirement at such casinos is much lower;
• much better bonuses compared to regular brands;
• you can always convert your winnings into another currency.