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For the uninitiated, blockchain casinos can sound somewhat formidable. But when you’ve gotten to know how they work and the benefits they can offer, you’ll soon realise that there’s nothing scary or complicated about these next-gen gaming sites.
So, with that in mind, I’ve put together this essential guide to crypto casinos and blockchain technology. I’ll highlight the pros and cons of using these platforms, after which you can take your pick from my recommended blockchain casino sites, which I’ve added to the banners for convenience.
Get to grips with online casino blockchains in my essential guide, including what they are, how they work, and their benefits and pitfalls. I’ve also included tips on finding the best blockchain platform for online casino games, so you can find a brand that works for you and hopefully, a crypto casino no deposit bonus to get you started.
A blockchain casino is an online gaming site that allows players to use cryptocurrencies to deposit and withdraw funds. There are now dozens of online casinos that accept crypto payments and they’re all powered by blockchain technology.
Crypto casinos utilise the blockchain as a means of processing transactions made using digital tokens like Bitcoin, Ethereum, Litecoin, and Dogecoin. Deposits and withdrawals are recorded and verified by the blockchain network, with each transaction added to a ‘block’ along with a unique ‘hash’. This, ultimately, allows for a safe, anonymous, and watertight exchange of funds between the player and the casino service provider.
Online casinos that use the blockchain to support crypto transactions offer a wealth of benefits, along with some potential pain points that players need to be mindful of. The pros and cons below illustrate the advantages and disadvantages of the blockchain in relation to online casinos.
Perhaps the biggest reason why people use blockchain casinos is the fact that you can make your payments without the oversight of any banks or financial institutions. This gives you the freedom to play where you want and you’ll also feel the benefit of the advanced security features of the blockchain technology.
Many crypto casinos are proud to host provably fair games. This is those games that feature a kind of cryptographic hashing to ensure that the results are completely fair and cannot be doctored by the casino or anyone else.
Always look out for no minimum deposit Bitcoin casino options, but while some blockchain network fees will apply for making payments to online casinos, these are nowhere near as bad as what you’d get for doing something like a wire transfer.
Most crypto payments should go through in a matter of minutes. This is much faster than what you get with card and bank transfer withdrawals that commonly take over three working days.
While all of the above points are positives, it’s worth noting that all cryptos suffer from a fair amount of volatility, an up and change to a down as fast as a game at the crypto live casino, this means that your crypto deposits today might not be worth the same amount tomorrow, so be sure to keep an eye on this.
If you’re a crypto convert seeking a new BTC casino or similar, understanding what makes an effective blockchain gaming site is essential. There are, after all, plenty of not-so-great blockchain online casinos out there, so I’ve put together a few pointers on sorting the wheat from the chaff.
| What to Look For 🎲 | Worth Noting 👇 |
|---|---|
| Game Selection | Don’t get sidetracked by bonuses or the promise of lightning-quick transactions; blockchain online casinos aren’t made equal in the games they offer, so find brands offering the best combination of slots, tables, and live casino games. |
| Brand Reputation | I’ll be straight with you: some blockchain crypto casinos are better than others. Period. The sites I’ve recommended in the banners are known for maintaining solid reputations, both in the level of service they provide and the experience they offer. |
| Bonuses | Like their fiat money counterparts, blockchain casino sites incentivize sign-ups and loyalty by dishing out regular promos and welcome bonuses. Look out for VIP rewards too, which reward you based on your XP and leaderboard ranking. |
| Transaction Speeds | While blockchain transactions are generally much speedier than standard credit card and bank transfer transactions, processing times can vary on certain casino brands. Check the small print of the casino you like for an ETA on deposits and withdrawals. |
| Cryptocurrency Selection | It’s important to remember that not all blockchain casinos online feature the same cryptocurrencies. Always check which digital currencies a site supports before signing up; otherwise, you could be in for an unfortunate surprise. |
| Legal Standing in Your Jurisdiction | Geopolitical restrictions are one of the key downsides to blockchain gaming online. Make sure the casino you choose is permitted to leverage blockchain technology in your country. |
Does researching the best blockchain casinos sound like a whole load of hassle you could frankly do without? Then let us recommend some of our favourite blockchain and new Bitcoin casinos online. All that you have to do is to check out the banners on this page and you will see plenty of quality online casinos who will let you make your deposits and withdrawals via blockchain technology. So whether you want to use Bitcoin, Ethereum or even Dogecoin, you can do it all at one of these recommended sites.
I should also mention the fact that these banner are able to recommend blockchain casinos according to your location. This means that you can sign up to any of the casino highlighted on this page and know that it is legal and safe to use from your country of residence. Perfect for giving you the peace of mind you need to play casino games online.
Sure, blockchain technology is complicated, but that shouldn’t be a barrier to you accessing the latest crypto casino sites. Players who make the switch from standard fiat-financed casinos can benefit from improved security and greater anonymity by adopting blockchain gaming sites, not to mention faster transactions and significantly lower fees.
In saying that, caution is recommended when accessing blockchain or Bitcoin casino sites, with due diligence paid to the legality of the brands you choose to access. My advice is to stick with reputable outfits like Stake, BC.Game, 1xBet, Bitcasino, and GG.bet. This also apply to any of the apps should the sites have them, Bitcoin casino app or betting ones.
Yes, so long as the site in question is permitted in your country, state or jurisdiction. Many reputable online casinos and betting sites have adopted cryptocurrencies and thus the blockchain, so you can use these like you would a regular fiat money brand and to enjoy any crypto casino bonus offers that may pop up.
Crypto casinos that utilise blockchain technology offer promotions and bonuses like any other regular betting site. That means you can score great deals like welcome bonuses and daily login rewards and Bitcoin VIP casino sections to look out for, with promotional funds available to withdraw via the blockchain when the wagering requirement is met..
So long as you choose a reputable casino brand, there’s no reason why you can’t use blockchain technology to fund online play. Stick to safe and licensed operators, otherwise, you could find yourself in hot water.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
