The Truth About Crypto Casinos: Is Bitcoin Casino Legit?
As day turns into night and new years unfold, we are presented with different levels of advancement as we continue to develop into a tech-centric age. The mode of performing transactions is gradually fading from exchanging physical currency to using digital currencies to carry out financial proceedings.
Generally, the use of digital currencies to pay for services has been adopted into various human activities ranging from buying and selling goods and services, gambling, investments, etc. Gambling has since accepted using cryptocurrencies as a form of payment for online casino games. This is because cryptocurrencies provide a high level of security for these games due to their decentralization on the blockchain.
What is a Crypto Casino?
Crypto casinos are online gambling sites that allow the use of cryptocurrencies as a payment regimen. In these casinos, players can fund crypto casino games with supported crypto assets.
These casino games follow the same rule of operations as previous games but differ due to other means of transaction availability. It also prevents the occurrence of cheating as the odds for the games are constantly generated through decentralization.
How do crypto casinos work?
Crypto casinos work closely with regular casinos. The only difference is its mode of payment and the different advantages it provides to gamers. For using crypto casinos, gamers must make their payment with supported cryptocurrencies from their wallet.
While anonymity is an add-on advantage, attractive welcome bonuses and promotions remain one important reason for the quick adoption of crypto casinos. Meanwhile, withdrawing profits in cryptocurrencies also helps gamblers gain more as crypto prices increase.
The Legitimacy of Bitcoin Casino
Following the acceptance of cryptocurrencies in online casino games, bitcoin is one of the leading currencies used to carry out transactions in gaming activities. Gamblers can therefore make payments for any casino games using Bitcoins.
Using bitcoins as a mode of payment in online casino games has some perks that are guaranteed to the gamer, which include:
- Limitless transaction at a low cost
- Providing a secure system guiding the identity and money of the players.
- Immediate cash-out of winnings.
- High security and privacy
Benefits of Crypto casinos
Crypto casinos are innovative developments in the gambling world. It has passed the test and is very much accepted by the gambling audience. The most exciting part is the various perks cryptocurrency and Blockchain technology offer to ensure that each player gets the optimum level of satisfaction while they have fun playing games.
Some of these benefits include:
Secured Identity
Crypto casinos enjoy the basic perk of blockchain technology; anonymity and privacy. It provides an avenue where gamblers can freely have fun without fearing their identity being compromised or exposed.
Apart from this, it is totally decentralized. Therefore, gamblers can play these games without looking over their shoulders for any form of indictment on strict rules governing their residential region.
Improved Transaction Processing
Unlike traditional casinos, where transactions take days to weeks to be processed, crypto casino transactions are fast. This allows players to play their favorite games as fast as possible. Meanwhile, they can also withdraw their proceedings hassle-free within a few seconds to minutes. Apart from this, transaction costs are meager or even negligible sometimes.
Multiple Cryptocurrencies
When performing any transaction that requires cryptocurrency, various coin options are usable. Similarly, crypto casinos allow gamblers to use different types of cryptocurrencies registered on their platforms.
Top crypto casinos support many common crypto coins, including Bitcoin, Ethereum, Dogecoin, Litecoin, etc. Therefore, gamblers can choose any coin that will yield them more profit.
Global Access
Another advantage of blockchain technology is its decentralization. This simply means that it is not controlled by any governmental body. This has made it utterly easier to access crypto casinos online from anywhere globally.
Crypto casinos have significantly infiltrated various world nations, matching the increasing number of gamblers available. Its appearance in various nations has given gamblers all the leverage they need to gamble without geographical restrictions.
Promotes Provably Fair Gaming
Provably fair games allow gamers to confirm the fairness of the result in their games. With this, it is almost impossible for the casino to cheat a player.
The transparency of blockchain technology provides a massive opportunity for the promotion of provably fair games. Blockchain technology is built on encrypted open source algorithms making it impossible for anyone to change the result of games.
Getting Started
For many gamblers seeking ways to enjoy casino games anonymously while looking for the most secure way to stake their money, using a casino with Bitcoin or other cryptocurrency options is recommended.
Online crypto casinos offer many amazing benefits that give every gambler the joy and bliss they desire while they gamble. New gamblers who want to start using crypto casinos must carefully choose their preferred crypto casino. If you're still confused about a suitable one, here are the top 5 online Bitcoin casinos you can check out:
Coinplay
Coinplay is a leading crypto casino that allows gamers to experience the feels of Las Vegas right from their phone. Although new, Coinplay offers several types of games, including slot, live betting, table games, and sports betting. You can sign up for an account on Cosplay today and get mouthwatering welcome bonuses. Existing users can get loyalty rewards that include free spins and free bets.
BitStarz
There's no way you can talk about the top crypto casinos without mentioning BitStarz. It is a notable name in the online casino gaming world. It provides more than 3,500 games that include all table games, slot games, and live casino gaming. It also supports quite many popular cryptocurrencies.
7BitCasino
7Bit is another long-standing name that has been providing professional gaming services for online gamers. It stands out as one of the best Bitcoin casinos with diverse payment options. Meanwhile, it offers more than 7,000 games from top gaming providers, including BGaming. Meanwhile, its gaming portfolio includes slots, poker, baccarat, roulette, and live casinos. There are attractive sign-up bonuses and promotions for all users.
Bovada
Established in 2011, Bovada is an easy-to-use Bitcoin casino. It provides an ultra-modern online gaming platform aided by several forms of crypto payment methods. Like other casinos, Bovada offers several types of games, including all table games, slot machines, and live games. If you're a new user, you can get up to a $1,000 sign-up bonus, promotions, and tournaments with attractive perks.
mBitCasino
Owned and controlled by DAMA NV, mBitCasino is a crypto casino licensed and regulated in Curacao. It houses the best gaming software from top providers, including GameArt, Pragmatic Play, Wazdan Betsoft Gaming, Ezugi, and many others. Sign-up bonus includes a 110% welcome bonus, free spins, free bets, and loyalty rewards.
Afterward, they can sign up or complete their registration with the new casino and deposit supported cryptocurrencies. Once you're a member, you can explore different bonus options and promotions available within the platform.
Finally, make deposits and withdrawals by funding your crypto wallet with supported cryptocurrencies and transfer them between your casino account and wallet.
Conclusion
Crypto casinos are a safe space for gamblers. They provide quality services that resonate with each of their customers. Therefore, crypto casinos are an initiative that is market-friendly and can accommodate all gamblers without prejudice.
Getting started is simple and easy. All you have to do is register for a new account, get your game on, and have a wonderful experience as you make your transition from normal casinos gambling to crypto casinos gambling.