Online casinos that conduct transactions with cryptocurrencies are becoming more and more popular. Secrets of success: fast, secure transactions, low limits, anonymity of participants and a range of gambling entertainment. Some cryptocurrency casinos have just added another way to deposit and withdraw funds. Others have changed the sphere of gambling: they made the game more transparent due to blockchain technology or allowed bets in BTC earned from the built-in faucet.
Features and Benefits of Blockchain Casino
Blockchain is a distributed ledger technology. Its features: the immutability of the entered data and the rapid provision of access to information. In public blockchains (they are the most common), decentralization is also important. That is, the absence of a governing body that can restrict access for other users.
Not all online casinos that accept not only fiat money, but also cryptocurrencies, use blockchain. Many simply conduct transactions in Bitcoin, Monero, Litecoin, Ripple, Ethereum. And often the list includes only popular and liquid crypts. Therefore, the largest percentage is Bitcoin casinos.
However, some have adopted innovative technology and outperformed the competition by being more transparent and fair. What blockchain gives to the gambling industry:
- Honesty control. The user’s bets, profits and losses are encrypted (to maintain anonymity) and stored in a decentralized database. The site owner or other visitor cannot change the information. The statistics are available to everyone. Users can analyze the data and evaluate the impact of games. This is a way to cut off scammers and identify scripted, twisted machines. For the first time such honesty control was applied on SatoshiDICE.
- Comments, ratings of players left on the site are also forever stored in the blockchain. The administration will not be able to remove negative reviews. This provides transparency and increases customer confidence.
- Personal data, information about money transactions, game statistics are encrypted using cryptographic protection methods. They are the most reliable. Users can go through verification without fear, indicate their first name, last name, contacts. Information will not fall into the hands of scammers or outside bases.
- The balance of an online casino can be checked by any user. This will allow you to make sure without risk that the operator honestly withdraws winnings, and does not block accounts and cancel transfers for no reason.
- Platforms on the blockchain conduct transactions in crypto. Users can fund their account and withdraw winnings to their online or cold wallet. The list usually includes from 2 to 15 digital currencies.
- Crypto casinos have a smaller advantage over players than classic sites. We are talking only about popular, honest operators.
- Some blockchain sites support a policy of complete anonymity, allow you to not pass KYC authorization. That is, you do not have to confirm your identity to withdraw your winnings.
- There are more and more cryptocurrency casinos with Bitcoin deposit bonus. You can get both free spins, no deposit, and additional interest on the next installment up to 1 or 5 BTC.
FairSpin is the first licensed gambling site to introduce modern technology.
Since blockchain sites always accept cryptocurrencies, users should consider the features and benefits of such transactions:
| Features of online casinos that accept crypto | Explanation |
|---|---|
| Anonymity | The crypto wallet to which the winnings are withdrawn can be anonymous. If the casino also does not require verification, then it is not necessary to provide information about yourself. If you use a crypto with increased anonymity (Ripple, Monero), then monetary transactions, their source will be almost impossible to trace. |
| Transaction speed | It depends on the workload of the crypto system, but usually the withdrawal of winnings is faster than to bank cards. |
| Ease of payment | You can use an online or cold wallet, exchanger or exchange. No need to register and pass verification in another payment service. |
| Commissions | Honest, popular casinos do not charge commissions when replenishing or withdrawing winnings. But a small fee needs to be paid to the crypto system. The percentage is not fixed, but depends on the amount, the desired speed of the transaction. |
| Decentralization: no governing body | The bank or the administration of the electronic wallet, payment system may cancel transactions. This will not happen with crypto. |
| Reliability of transfers | Money is guaranteed to arrive at the specified details. |
| Small bet sizes | The crypt is split up to 8 decimal places. You can make minimum bets in slot machines. |
The anonymity of most cryptocurrencies has its downsides. It is impossible to cancel the transfer if an error was made in the account number. Therefore, it is better to copy the numbers and check.
There are also indirect benefits of using blockchain platforms. First, investing in crypto is profitable. An increase in the rate can bring additional profit and actually increase the winnings. Secondly, blockchain casino betting contributes to the popularization of the technology.
Cryptocurrency Casino Varieties
The popularity of sites that accept cryptocurrencies is growing both in Russia and the CIS countries, as well as in the USA, Europe, and China. Competition is also increasing, so operators are finding new ways to reward players. In the TOPs there are both bitcoin casinos with a bonus and sites with faucets for mining cryptocurrencies. The latter, in fact, allow you to play for free.
With attachments
The most common type of cryptocurrency casino. To start winning real money, you need to register and fund your account. But there are 2 subspecies of such sites:
- Classic online casinos with slot machines, poker, blackjack, baccarat, roulette. Their only feature is that in addition to fiat (rubles, euros, dollars), they allow transactions in popular electronic money. Most often, only the liquid and popular triple or five (BTC, ETH, XMR, LTC, XRP) is available. They captivate with an assortment of games, a well-thought-out bonus program, a loyalty system, tournaments and lotteries. Such platforms gained popularity even before the introduction of digital currencies.
- Crypto casino with one or two original gambling games. An example of such a platform is Bitkong. The user must register, find out the conditions for withdrawing funds. The rules of the games are simple, for example, you need to guess certain winning cells (sometimes the functionality allows you to adjust the difficulty level). After that, the visitor must deposit a crypt into the account. There is usually a minimum deposit amount. The starting amount of free satoshi is not provided. But on the site, active users receive high statuses and privileges.
Such operators honestly pay winnings, set a real return. They attract not with huge bonuses, but with the quality of service and gambling entertainment. Therefore, playing in a casino for bitcoins is safe and profitable.
No deposit
On no deposit sites, players receive a specific number of Satoshi for completing registration. Visitors can use the money for any bets. But, as a rule, only one gambling game is placed on such sites. Most often bones. Example sites: Primedice, Cyberdice.
As a rule, the amount of no-deposit for registration is small (from 50 to 150 satoshi), so users rarely manage to get a big win.
It is most profitable to choose sites not only with no deposit, but also with a faucet. Then every day you will be able to receive free Satoshi and play without replenishing the balance.
It is possible to withdraw real money without making deposits on such sites. But it will take a long time to accumulate the minimum amount available for withdrawal. The crane brings no more than 100 satoshi per day. That is less than 4 rubles. The size of bets will also be limited.
Players who are aiming for a big jackpot will have to replenish their account.
The most popular online casinos for bitcoins with faucets are translated into several languages, they have convenient functionality. Win statistics are often published in real time.
Licensed crypto casinos with a faucet, where you could play slot machines, roulette, poker, blackjack, have not yet been created.
With a bonus
A popular way to attract new users and retain regular customers is a bonus program. On classic sites where you can play slot machines, cards, roulette for crypto, visitors are waiting for:
- Welcome package for first deposits: from 1 to 10. You can get free spins (from 10 FS), additional% to replenishment (from + 50% to + 200%). To become a participant in the promotion, you must pay the agreed amount in one payment. The winnings then need to scroll through the wager within a specific period.
- Reload shares. Regular bonuses that can be activated once a day, week or month. The player is offered free spins and money to deposit.
- Temporary promotions. Most often they are held on holidays. Validity is limited.
To receive bonuses, you can replenish your account with both cryptocurrency and rubles, dollars, euros.
On specialized sites, where only one game is available to users, and all bets are made exclusively in crypto, other bonuses are accepted.
For example, a visitor is offered +100% to the first deposit. For each next one, he will be given loyalty points. When enough is collected, they can be exchanged for bitcoins.
On the Cloudbet site, visitors can collect 5 BTC throughout the year solely through loyalty points.
When choosing an operator, it is important to take into account not only the size of the bonus, but also the terms of use, wagering, and withdrawal limits.
How to choose the best brand
There are also scammers among online casinos for cryptocurrency. Some operators are honest, but they have a limited gaming range, few bonuses, and an inconvenient interface. In order not to be mistaken, it is worth considering the following features:
- Having a license. Like classic casinos, crypto projects can be verified by gambling commissions. Information about the certificate is published either at the bottom of the main page on the official website, or in the “Terms and Conditions” section. You should not play with an operator without a license. There is a high risk that the RTP will be low, and it will not be possible to withdraw money due to account blocking.
- Does it accept players from Russia. This point should be clarified during registration and before making the first deposit. If Russian users cannot place bets on the site, then there is no need to try to circumvent the ban. It’s worth changing the venue. Otherwise, then there may be problems with receiving the winnings.
- Bonus program. It’s good if no deposit, welcome package, promotions for regular customers are provided. The advantage is given to operators who charge cashback, have a system of statuses and bonus points.
- Transparent terms and conditions. Open access to information about bonuses, payments, rates is important. Instructions on how to play are usually placed in a separate section. Well, if the site supports the Russian language. This will help avoid mistakes.
- Convenient interface, bright design. Poor design is a sign of a site owned by scammers.
- Low limits on deposits and withdrawals of winnings. The smaller the amount in the crypt, the better. You should not play on sites where you need to save a minimum for a long time for withdrawal.
- No commissions. The crypto project will have to pay a transaction fee, but the operator itself should not charge a fee. Even 1% commission is a bad signal.
- Technical support working 24/7. It’s good if, in addition to live chat, there is an official email and a hotline.
Comments and ratings on gambling forums and groups will help you choose the best operator. You should not play in an online casino that receives a lot of negative reviews and complaints about low returns and non-payment of money.
Ratings and TOPs will help you quickly find the best platform.
How to replenish the account through cryptocurrency
Making a deposit in digital money is easy. The steps for transferring Bitcoin, Litecoin, Ethereum will be similar. General step by step instructions on what to do:
- Go to the casino website and register. You must provide an email address, password, and other personal information. Bitcoin or other crypto should be set as the main currency.
- Confirm email. To do this, you need to follow the link in the letter and log in.
- Open the “Cashier” or “Deposit” section. The screen will display the address of the cryptocurrency wallet (about 30 digits) to which you need to transfer money. It’s worth copying.
- Go to the exchange, to the exchanger or open a personal wallet. Paste the copied address into the special field.
Sometimes the casino publishes a QR code in the payment section. Then you can use your smartphone to translate.
Funding an account usually takes a few minutes. The speed does not depend on the casino.
Instructions for withdrawing winnings
The casino withdraws winnings or even free Satoshi to any cryptocurrency wallets. Instructions on how to order a payment step by step:
- You need to log in to the site and go to the “Cashier” section.
- As a payment method, you must select cryptocurrency transfers and then click on the desired option: bitcoin, ether, ripple.
- In a special field, you should indicate how much money is withdrawn. Usually, the cell below immediately displays the total amount minus the commission of the crypto service. In the field with the address you need to insert the details of your wallet.
Withdrawal requests are processed quickly, within a few hours. The speed of the transfer itself will depend on the workload of the cryptocurrency platform.
Cryptocurrency conversion methods
There are many ways to convert bitcoins to fiat currencies (Russian ruble, hryvnia, tenge, euro, dollars) and vice versa.
You need to choose only popular crypto exchanges with a spotless reputation and high capitalization. Exchangers should be used with care. It is better to choose those that are in the TOP of the issue.
To reduce the commission, it is beneficial to make a transfer to the wallet of another user by personal agreement. It must be remembered that the transaction cannot be canceled. It is important to be sure that the second party to the transaction will honestly transfer fiat money in exchange for crypto.
TOP 10 best cryptocurrency casinos
The list of the best includes only high-quality sites. They have a high return, no problems with payments, profitable limits. They ensure the privacy of personal information and the security of money transfers.
In 2023, the list includes:
- Cryptocurrency exchanges
- Money for the purchase can be transferred from a bank card. Electronic wallets Yandex Money, QIWI, WebMoney + payment systems AdvCash, Payeer are also available.
- You can convert digital money into fiat with withdrawal to electronic wallets or bank cards.
- To register on the exchange, it is enough to enter and confirm your e-mail.
- To replenish an online account on the exchange with rubles, dollars or other fiat currencies, you often need to fill in information about yourself and go through verification. But it depends on the policy of a particular site.
- Data and transactions are protected by cryptographic methods.
- Exchanges often have high commissions.
- Online exchangers
- It is possible to exchange for any fiat and digital currencies. Withdrawal to electronic wallets, payment systems, bank cards is available.
- Commissions are lower than those of crypto exchanges.
- There are restrictions on the minimum and maximum amount of exchange.
- Possible leakage of personal information. There is a risk of being scammed.
- No verification required. Minimum personal information. Often it is enough to enter the details and the amount for the transfer.
All bitcoin slot machines listed on the sites are certified and protected from spinning.
The TOP was formed on the basis of an analysis of the sites themselves, and reviews, comments, and ratings from real users. The list includes both casinos with support for the Russian language, as well as foreign ones in English.
