Crypto casinos or Bitcoin casinos are a new form of online casinos that accept cryptocurrencies as a way of depositing money on the site, wagering your bets and withdrawing your winnings. Betting sites provide online players with lots of opportunities to play their favourite games on the web platform. Tower.bet features bitcoin casino and there are not only land-based casinos, which you can find in every metropolis all over the world, there are also some other possibilities for gamblers who would like to place their bets and win money. One of these new opportunities are crypto casinos.
What Is a Crypto Casino?
A crypto casino or blockchain casino is an online platform for casino games that use cryptocurrencies. There are also fiat-based casinos, but what makes the difference between them and the crypto ones is the whole payment process, which cannot be done with traditional payment methods like credit cards or PayPal in the blockchain casinos. Each of these platforms offers some benefits like anonymity or better transparency and others.
Since the number of people who invest in cryptocurrencies is growing on a daily basis, new ways to spend those digital coins are appearing as well. Crypto casinos and gambling spin-offs such as ethereum dice games and bitcoin casino games seem to be the new modes of entertainment for digital coin holders. As you may probably guess, this new trend is becoming more and more popular among the players who like to gamble their money away on some games at least once in a while.
The Popularity of Crypto Casinos and Blockchain Games
According to some reports, there are about 500 such platforms, with most of them offering some best games. Blockchain technology is the main reason why the popularity of gambling with cryptocurrencies and blockchain casinos has grown in such a short period of time. This new mode of payment, which allows anonymity and other benefits like better transparency, brings more security to online players and helps them avoid scammers along their way.
Blockchain has its advantages, but what makes it one of the most popular technologies in the gambling industry is that it’s decentralised. This means that casinos do not need to be controlled by some local authorities or another type of third-party institution like banks, which makes them more secure and transparent at the same time. Blockchain technology has influenced all spheres of life, including online casinos, which are not an exception. All of the blockchain casinos run on smart contracts, which are designed to make all transactions more secure and transparent for both sides involved in a certain deal.
What do You Need to Know About Crypto Casinos?
The main advantage of gambling online with cryptocurrencies is that you don’t have to share your personal data in order to register on a blockchain platform or make a withdrawal at some fiat-based casino. However, there are some requirements that you need to meet in order to be verified. If you want to make a deposit at one of the best bitcoin online casinos, you need to know that different cryptocurrencies have different fees. The fee differs depending on the coin, but most often, it’s around 0.004 BTC or 100 satoshis per byte for a 1-2 BTC transaction.
It’s also very important to find a trusted website that can offer you a variety of games and the possibility to use your favourite cryptocurrency as a payment method to be able to start playing right away after you provide all necessary personal data. Even though there are many advantages of using cryptocurrencies for online casinos, there is one more that you should know about. Whenever some new type of cryptocurrency appears on the market, you can expect a corresponding blockchain casino to appear as well with its own unique games and bonuses.
The Top 3 Blockchain Casinos to Gamble with Cryptocurrencies
Are you interested in gambling with cryptocurrencies? If yes, then there is no better way to start than playing at the best blockchain casinos that can offer you a variety of games and other benefits.
Here are some of them which have managed to gain millions of players from all over the world who trust them for their honesty and security:
- Crypto-Games.net: One of the best blockchain casinos to gamble with cryptocurrencies. Crypto-Games.net is one of the best blockchain casinos to gamble with cryptocurrencies because it’s safe, secure and transparent at the same time. It also offers players a wide variety of games to choose from, including dice, roulette, blackjack, baccarat and many more. You can use BTC, LTC, DOGE, DASH and PPC, which are the most popular cryptocurrencies on this website.
- Bitcasino: If you’re looking for a number one blockchain casino that can offer you a variety of games and bonuses, then Bitcasino should be your first choice. It’s very popular among cryptocurrency enthusiasts because it has managed to earn an excellent reputation among players from around the world, thanks to its honesty and security. The platform provides a wide variety of gambling games, including dice, roulette, slots, blackjack and many more to choose from. It can offer you a large number of cryptocurrencies as well, such as BTC, LTC, DOGE and BCH, which means that this blockchain casino is perfect for those players who prefer using famous cryptocurrencies for playing.
- FortuneJack: FortuneJack is another number one cryptocurrency casino that can offer you a large variety of games to choose from, including dice, blackjack, lottery and many more. It’s very popular among players from around the world. This blockchain casino offers players a large number of cryptocurrencies, which means that this platform is perfect for those who prefer using famous cryptos while playing in order to decrease the risks of losing their funds in case something goes wrong with FortuneJack.
Conclusion
Bitcoin casinos and ETH casinos are the current trends in the gambling world. This is so because crypto-currency market capitalisation has risen enormously since Bitcoin was created. It’s obvious that people learn about Bitcoin and its alternatives invest money into it by buying or mining Bitcoins. In order to be able to play at BTC casinos, gamblers need to own some Bitcoins, though. Nowadays, there is a great variety of Bitcoin casinos, and every gambler can choose one which is up to his expectations.
