More and more online casinos are deciding to focus on offering cryptocurrencies so that their users can bet through these digital currencies.
Cryptocurrencies are booming, and it seems that they are here to stay. The world is slowly transforming to adapt to this new style of economy, and the online gambling industry is no exception.
Crypto casinos are those casinos that offer their users the possibility of making deposits and withdrawals with cryptocurrencies. The most widely accepted are Bitcoin, Ethereum, Litecoin and Ripple.
What are the advantages offered by crypto casinos?
Honestly, the advantages are many. First of all, we could mention the availability and global reach of cryptocurrencies, since they exist in all countries of the world and have been embraced by all people. Anyone can access a cryptocurrency no matter where they are in the world. Which implies that a player from Asia can play in a crypto casino in Europe without any problems and without having to worry about currency exchange.
Another great advantage offered by casinos that allow transactions with cryptocurrencies is that the costs of such transactions are much lower. In fact, most of the time, Bitcoin transactions have no transaction costs at all. This type of digital currency is not regulated by any government or country in the world, so there are no taxes involved when depositing or withdrawing cryptocurrencies from a casino.
Moreover, making transactions with cryptocurrencies is really safe, since digital currencies use blockchain technology, which makes piracy difficult.
The times are an important advantage to highlight; since cryptocurrency transactions are very fast. Deposits and withdrawals take only a few seconds, especially withdrawals, which are always very cumbersome when processed through conventional methods.
How to create an account in a crypto casino?
The first thing you need to do is to find the crypto casino that you like the most, and of course, one that is safe and legitimate. Once you know which casino you want to sign up with, the rest is easy.
Just follow the steps below:
– Click on the button where it says “Sign up” or “Register”, which is usually at the top right corner of your monitor.
– Enter an email address in order to create a username and a password.
You must click in the box to agree to the website’s terms and conditions. Then you must press “Sign up” or “Register” again.
- The next step is to verify your email address. To do this you must check your inbox and look for an email from the casino with a verification link (in case you don’t find it, make sure to search on your spam folder). Within the email, you must click “confirm my account” in order to verify it.
- Now that you have created your account it is time to make your first deposit, and exchange your welcome bonus (in case there was any). To make your first deposit you must copy the casino´s private deposit address and paste it to your digital wallet of choice. Voila! you are now a new member of a crypto casino and you have just funded your account.
How to make withdrawals at crypto casinos?
- The first thing you should do is to access the payment methods section of the website. Choose your preferred cryptocurrency.
- Then you must copy the address where the coins will be withdrawn from, that is, the casino’s withdrawal address.
- Enter your virtual wallet and paste the address in the deposit section.
- Finally, you must confirm the transaction and validate the operation by accepting the confirmation email that will be sent to your email address.
Conclusion
More and more online casinos are accepting cryptocurrencies as a means of payment, and in fact, there are already many casinos that exclusively handle transactions with this type of currency.
This new generation of online casinos has proven to be much more beneficial than traditional casinos, as they are much faster in their payments, safe to operate and without fees.
So do not wait any longer and dare to bet with cryptocurrencies in this type of casinos as it will surely be the future of the online gambling industry.
