🍒 Top Crypto Casino 🍒
Playing at an online casino with cryptocurrency: everything you need to know
The online gaming industry is an industry of constant innovation. True to her nature, she didn’t look at the past cryptocurrency. Since the inception of virtual currency in 2009, in this case bitcoin, online casinos have been quick to embrace it, understanding the potential it held. The scene quickly became filled with casinos that ran solely on bitcoin, and then on other currencies such as litecoin, ethereum or ripple.
Want to play on an online casino platform with cryptocurrency, but don’t know where to start? Here is an overview to get you started.
Crypto Casino or Pure Crypto Casino?
The terms “crypto casino” and “PUR Crypto casino” are used to distinguish how online casinos accept and manage currencies (cryptocurrencies and fiat currencies). Here is the main difference between the two:
- Payment Types: Accepts both cryptocurrencies (like Bitcoin, Ethereum, etc.) and fiat currencies (like Euro, Dollar, etc.).
- Flexibility: Gives players the choice to use the currency that works best for them. A player can choose to deposit in Bitcoin but withdraw in Euros, depending on the policies of the casino.
- Regulation: Often subject to strict gambling regulations as they operate with fiat currencies. They may require more thorough identity verification for withdrawals, especially if the amounts are large.
Pure Crypto Casino:
- Payment Types: Only accepts cryptocurrencies. No fiat currency is accepted for deposits, wagers or withdrawals.
- Anonymity: Many of these casinos allow for greater privacy. Players can often register and play without providing so much personal information. However, this may vary by jurisdiction and casino rules.
- Regulation: These casinos may be subject to different, sometimes more lax regulations, as they do not operate with fiat currencies. But it always depends on the jurisdiction under which they operate.
In summary, while a crypto casino offers a combination of cryptocurrency and fiat currency payments, a PUR Crypto casino works exclusively with cryptocurrencies.
What are the specificities of a PUR Crypto Casino?
A “PUR Crypto” online casino refers to an online gambling platform that operates exclusively with cryptocurrencies, excluding traditional fiat currencies (like Euro, Dollar, etc.). Here is what generally characterizes a PUR Crypto casino:
- Exclusive payment methods: These casinos only accept deposits and make withdrawals in cryptocurrencies. The most commonly used are Bitcoin, Ethereum, Litecoin, but other lesser known currencies may also be accepted.
- Anonymous Registration: Many PUR Crypto casinos allow users to register without providing personal details such as name, address or phone number. However, this depends on the regulations of the jurisdiction under which the casino operates.
- Security and Transparency: Cryptocurrency casinos often leverage blockchain technology for its security and transparency benefits. Some even use smart contracts to ensure games are fair.
- Fast transaction times: Transactions in cryptocurrencies are generally faster than traditional payment methods, which means deposits and withdrawals can be made almost instantly.
- Reduced fees: Without financial intermediaries, such as banks, fees associated with transactions are often lower at PUR Crypto casinos.
- Regulation: Some PUR Crypto casinos operate in jurisdictions where regulation is more favorable to cryptocurrency. However, it may also mean that users have less recourse in the event of a dispute.
- Offers and promotions: As they operate exclusively with cryptocurrencies, these casinos often offer bonuses and promotions specific to this type of payment.
It is essential to note that although PUR Crypto casinos offer many advantages, it is crucial to do thorough research before committing. Make sure the casino is regulated, has a good reputation, and uses strong security measures to protect player funds and information.
What is cryptocurrency and where does it come from?
Cryptocurrency is a virtual currency. By “virtual”, we mean that it has no physical existence. It is an exchange currency dedicated solely to online transactions without an intermediary. It is generally seen as a reliable means of transaction between individuals. The first cryptocurrency, bitcoin, was created in this sense by mathematician Satoshi Nakamoto. In other words, cryptocurrencies are not attached to any bank or any institution of the kind, which are considered too profitable for unscrupulous people. So how do you know that cryptocurrencies are reliable?
In fact, the reliability of such currencies lies in their production. Nearly unbreakable, cryptocurrency transactions are the work of thousands of computers around the world, processing transactions and writing them to the blockchain.
See this one as the transcription of all the movements of the cryptocurrency. But before any movement, money must be created. A cryptocurrency is produced by computer. A unit generator algorithm is issued regularly, thousands of powerful computers will process it. Those who participate in the operation are rewarded with units. They are said to “ mine ”. It is the miners who will sell their units to non-miners.
While bitcoin is the benchmark cryptocurrency, the entire system of other cryptocurrencies works the same way. Nowadays, cryptocurrencies are used to acquire and purchase various services online as one would with the euro, the dollar or any other so-called fiat currency. Casinos also offer transactions via these crypto currencies.
Which crypto casino to recommend?
With democratization on the rise, one can pay with cryptocurrencies. However, they have become a staple in online gaming. Platforms have fully understood the potential of cryptocurrency.
A few years after 2009, the year bitcoin went live, casinos exclusively for bitcoin transactions emerged. They are currently among the best online establishments to offer this kind of service. These include betflip and BitCasino. We can say, without going too far, that these pioneers of the genre are sure values.
Then came the turn of other currencies, including Ethereum, Litecoin or even Bitcoin Cash. They are now accepted as currency for deposits and withdrawals at many online bitcoin casinos.
You can also turn to so-called “hybrid” online casinos. They make transactions in Euros before converting them into cryptocurrencies. But if you want to get your own units, here’s how.
Where to get cryptocurrency to play?
There are two ways to get your units to play. The first is to “mine” the cryptocurrency. It’s about letting your computer process a very complex mathematical equation. As a reward for participating in the operation, you will get cryptocurrency. But not everyone can mine.
The second way is to buy them from specialized brokers. To do so, you will just need a credit card and buy it like any other item on the net.
At this point, you must create your portfolio to store your freshly purchased units. Many platforms offer the creation of these portfolios. The most popular are Blockchain.com and Coinbase.com. Your virtual currency is then like a series of numbers and letters. Called “key”, this suite is jealously guarded. It is used to make deposits into your casino to purchase chips. For the rest, it is used like any other currency.
Benefits of a Crypto Casino
The reason why cryptocurrencies have been so quickly adopted by online casinos is that they offer a lot of benefits to them and their customers. The main advantages are the speed of the transactions, their safety, the low percentage on the transactions and especially the anonymity.
- The speed of transactions on a crypto casino
Cryptocurrency transactions are said to be faster. And for good reason, it does not go through the usual procedures that are used when you choose a bank transfer. While banking transactions can take days, a cryptocurrency transaction depends on network saturation. It can be instantaneous, but can also last up to 30 minutes. As a bonus, using cryptocurrencies frees you from taxes and exchange rates. The casino gets rid of cumbersome paperwork.
- Anonymity at a cryptocurrency casino
The more correct term would be “discrete”, as the transactions are still recorded on the blockchain. An expert can then find a user and consult the information of his transactions: the amount, the recipient. In any case, your personal data is only useful to open your wallet. For example, you must enter your bank details.
But once you’ve acquired your cryptos, deposits and withdrawals at online casinos require no paperwork. Moreover, the creation of a player account only requires an email address.
- The safety of transactions on a cryptocurrency casino
The sinews of the cryptocurrency war is the security they offer, without having to go through a trusted intermediary such as a bank. Indeed, to hack the network, it would be necessary to combine the power of the computers which compose it. It would be an almost impossible operation.
Caution. Keys are not immune to data theft. While the network itself is virtually unbreakable, hackers could attack the key storage locations. It is better to keep them well.
In short, cryptocurrencies have proven themselves and are likely to be a part of the landscape for a long time. Would you like to take advantage of the benefits? The real challenge is to find a trusted casino.
What are the games of a crypto casino?
A crypto-casino generally offers a wide range of games similar to those found in traditional casinos, but with the particularity of accepting cryptocurrencies as a means of deposit, wager and withdrawal. Here is a non-exhaustive list of games you might find in a crypto-casino:
- Classic 3-reel slot machines.
- Video slots with multiple paylines.
- Progressive slot machines with cumulative jackpots.
- Blackjack: Several variants such as Classic Blackjack, Blackjack Switch, or Double Exposure Blackjack.
- Roulette: Varieties such as European, American and French Roulette.
- Baccarat: Includes versions like Punto Banco.
- Craps: Popular dice game.
- Poker: Several variants like Texas Hold’em, Oasis Poker, Caribbean Stud, and others.
- Video Poker: Varieties like Jacks or Better, Deuces Wild, and Joker Poker, among others.
- Games like Sic Bo or other games based on rolling dice.
- Scratch cards.
Live Games (Live Casino):
- These games use real dealers and are broadcast live. They can include Live Blackjack, Live Roulette, Live Baccarat, etc.
Blockchain specific games:
- These games leverage the unique characteristics of the blockchain to provide transparent and fair gaming experiences. For example, games that use smart contract technology to ensure fairness.
Sports betting games:
- Some crypto casinos also incorporate a sports betting section where you can bet on various sports and events using your cryptocurrency.
- Wheel of Fortune.
- Pai Gow.
- Pontoon, etc.
🍉Crypto-currencies used by casinos 🍉
Crypto Casino” Frequently Asked Questions
What is a crypto casino?
A crypto-casino is an online gambling platform that accepts cryptocurrencies as a means of deposit, wagering and withdrawal.
✔️Which “crypto casino” do you recommend?
Betflip, Betcoin, Bitcasino or even Bitstarz which are the best Cryptos casinos
❤️Why bet on a crypto casino?
Transactions are instantaneous, secure, low fees, you are anonymous! Read more about bitcoin casinos
💯What are the crypto currencies used by online casinos?
There are several crypto currencies: Bitcoin, Litecoin, Ethereum, Dash, Monero
Is it safe to use cryptocurrency in an online casino?
Yes, cryptocurrency transactions are secured using blockchain technology. However, always make sure that the online casino uses strong security protocols.
Are there any fees for cryptocurrency transactions?
It depends on the casino and the network of the cryptocurrency used. Some casinos cover these fees, while others may deduct them from your deposit or withdrawal.
Can winnings be withdrawn in cryptocurrency?
Yes, most crypto-casinos allow you to withdraw your winnings in the same cryptocurrency used for deposit.
Are there cryptocurrency deposit or withdrawal limits?
Limits vary by casino. Please see the terms and conditions or the “payment” section for more details.
Are all games available when I use cryptocurrency?
In most crypto-casinos, all games are available to players using cryptocurrency. However, it is always good to check before playing.
What if my transaction is not confirmed?
Blockchain transactions can sometimes take time. If your transaction is slow to be confirmed, check on a blockchain explorer first. If the problem persists, contact the casino’s customer support.
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