Published 2 years ago • 3 minute read

Could Online Casinos End Up Developing Their Own Crypto Coins?

There are a growing number of fully licensed online casinos out there today that now accept a variety of trusted cryptocurrencies as a viable payment solution. In other words, players can now deposit with cryptocurrencies such as Bitcoin and Ethereum, and they can also then use that same payment method to withdraw their winnings. The question being asked here is, could online casinos end up developing their own crypto coins?

Could Online Casinos End Up Developing Their Own Crypto Coins

What is a crypto casino?

A crypto casino (which is also often referred to as a cryptocurrency casino or blockchain casino) is basically an online casino that accepts cryptocurrency as a payment method. Today’s best cryptocurrency-accepting online casinos tend to allow players to deposit and withdraw with Bitcoin and Ethereum, plus several other well-known cryptocurrencies, such as bitcoin cash, USD Coin, XRP Ripple, Stella, and Litecoin, to name just a few. They may or may not also accept ADA, LINK, SOL, USDT, DOGE, AVAX, NBN, MATIC, APE, and SHIB.

Today’s best crypto casinos are generally free to sign up to. They give all new players a guaranteed welcome bonus, and in addition to accepting cryptocurrencies, players can also deposit and withdraw using various other well-known online payment options, such as the following:

  • Visa debit and credit cards
  • Mastercard credit and debit cards
  • American Express credit cards
  • e-Wallets, such as PayPal, Skrill, and NETELLER
  • Direct/instant bank transfers
  • Bank cheques

You can learn more about the accepted payment options, the game selection, the player support, and more by checking out a casino review from experts who know exactly what makes a good crypto casino.

Will crypto casinos end up developing their own cryptos?

There’s a good chance that some of today’s biggest cryptocurrency casinos will end up developing their own crypto coins, but exactly which casinos will develop crypto coins remains to be seen. It would make transactions even more secure than ever before, and players wouldn’t have to worry about using any of the other payment methods that were mentioned above, which are known for being not quite as secure as the blockchain payment option.

What kind of games can I find at today’s best crypto casinos?

You can now find anywhere from 1,000 to 2,000 games at many of today’s most well-known blockchain casinos, and the games tend to be supplied by several of the world’s leading online casino software providers, some of which include Microgaming, NetEnt, Big Time Gaming, Playtech, Betsoft Gaming, Play’n GO, Quickspin, Real Dealer (live dealer games), Evolution Gaming (live dealer games), Thunderkick, and Playson, to name just a few.

You can also find a wide range of slots, table & card games, and various other popular online casino games from several other major providers and independent game development studios, such as High5Games, Avatar UX, Realistic Games, Iron Dog Studios, Red Tiger Gaming, Northern Lights Game, Rabcat Gambling, Pragmatic Play, and 1X2 gaming. The exact software providers and gaming selection will vary somewhat from one crypto casino to the next.

Are crypto casinos free to sign up to?

Yes. Today’s best cryptocurrency online casinos are free to sign up to, and when you deposit for the very first time, you can generally take advantage of a guaranteed new player welcome bonus. However, to play in the real money mode at a crypto casino, you must be at least 18 years old. If you do play at one, remember to gamble responsibly, have fun, never chase your losses, and don’t spend more than you can afford.

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