The Best Cryptos Used in Online Casinos
By choosing a casino that offers diverse payment methods, players gradually shift from traditional currencies to cryptocurrencies over time. It should be noted that even within the realm of cryptocurrency gambling, there are differences between coins. In the world, there are thousands of cryptocurrencies in circulation, but not all of them are used by online casinos. Some casinos only support 4 or 5 major cryptocurrencies, while others have wider possibilities. It should also be noted that while the basic concepts of major cryptocurrencies remain the same, including anonymity and transaction speeds, some differences can make one crypto more favorable than another.
BTC (Bitcoin)
We don’t even have to mention it, but BTC is without a doubt the most sought-after cryptocurrency in online casinos. Bitcoin is considered the simplest digital currency because a lot of information is available about it. Bitcoin also ranks number one in terms of affordability in online casinos, although it has the potential to better meet the needs of players.
With Bitcoin gambling, almost every principle of digital currency, including personal safety, anonymity, and transaction speed, is ensured.
The price of Bitcoin changes rapidly. It has shown a surging trend and there are no signs of it slowing down, making it an excellent investment tool. Considering Bitcoin’s volatility, it is possible to earn a lot of money.
ETH (Ethereum)
Ethereum is perhaps Bitcoin’s biggest competitor. Frequent comparisons between them make it difficult for people to determine which one is the best. In terms of speed, Ethereum can be considered faster than its counterpart. According to statistics, transactions with Ethereum are faster than with Bitcoin, and withdrawals happen rapidly as well. Ethereum has more tokens than Bitcoin, and it is probably the best version of the blockchain.
Compared to Bitcoin, which is just a coin, Ethereum can seem more valuable due to its whole blockchain system that can be used to develop software and applications. Some of the best crypto gambling sites use this crypto.
LTC (Litecoin)
Litecoin is a Bitcoin-like cryptocurrency, but it differs in its superior speed and affordability. The creator of Litecoin is Charlie Lee, who used to work as a software developer at Google before starting this project. Litecoin has much more bandwidth, meaning it can process more transactions at much higher speeds (due to the faster block creation time) while transaction processing speeds are only 1/1000th of Bitcoin’s. Almost all casinos support Litecoin. It may not be a preferred method when people first start gambling on crypto casinos, but considering its advantages, it is still widely used by players.
Like Bitcoin, Litecoin is also a very volatile currency and can change rapidly.
BCH (Bitcoin Cash)
Bitcoin Cash was created in 2017 as a result of the forking of Bitcoin, and its goal is to increase the capacity of an individual block, thereby accelerating transaction speeds. It is actively used in cryptocurrency online casino operations. The core values are the same. “Saving blocks of 32MB instead of blocks of 8MB” is pretty much identical, including the limit of 21 million tokens. There are a few minor issues with large block sizes, and other problems that need to be solved, but none of them prevent BCH from being active on the market.
Sometimes people confuse Bitcoin and Bitcoin Cash with each other, but these two are completely different currencies. The price is different, as well as other features. It is frequent!
Top Brands in Crypto Gambling
When it comes to crypto gambling, there are several top brands that have established a strong presence in the industry. These brands offer a wide range of games, attractive bonuses, and a secure gambling environment. Here are some of the top brands in the crypto gambling space:
Stake: Stake is a popular crypto gambling platform known for its sleek design, user-friendly interface, and extensive game selection. It offers a variety of games, including slots, table games, and live casino games. Stake also has a unique in-house developed game called “Stake Originals” which provides a distinctive gaming experience. The platform supports multiple cryptocurrencies and provides fast and secure transactions.
BC Game: BC Game is a well-known crypto casino that offers a wide range of games, including slots, table games, and live casino games. What sets BC Game apart is its unique game offerings, such as “Crash” and “Limbo,” which provide thrilling and engaging gameplay. The platform supports multiple cryptocurrencies and offers generous bonuses and promotions to its players.
Bitcasino.io: Bitcasino.io is one of the oldest and most reputable crypto casinos in the industry. It offers a vast selection of games from top-tier software providers, including slots, table games, and live dealer games. Bitcasino.io provides a secure and fair gambling environment, with provably fair games and transparent transactions. The platform supports various cryptocurrencies and offers attractive bonuses and VIP rewards to its players.
FortuneJack: FortuneJack is a popular crypto gambling platform that offers a diverse range of casino games, sports betting, and live dealer games. It features an extensive collection of slots, table games, and virtual sports. FortuneJack is known for its fast and anonymous registration process, secure gaming environment, and excellent customer support. The platform supports multiple cryptocurrencies and offers competitive promotions and loyalty programs.
1xBit: 1xBit is a comprehensive crypto gambling platform that offers a wide range of gambling options, including casino games, sports betting, and esports betting. It features an extensive selection of games from leading software providers and covers a wide range of sports and esports events. 1xBit supports numerous cryptocurrencies and provides a user-friendly interface, competitive odds, and generous bonuses.
These are just a few examples of the top brands in the crypto gambling industry. Each platform offers unique features, game selections, and promotional offers. When choosing a crypto gambling platform, it’s essential to consider factors such as reputation, game variety, security measures, customer support, and available bonuses to ensure a safe and enjoyable gambling experience.
