If you want to use cryptocurrency for a virtual casino, pay attention to some nuances. The good news is that financial transactions are faster. The main thing is to choose gambling platforms carefully. Also, take note of a few tips. This will help avoid mistakes.
THE GAME SELECTION
Many gambling resources that accept bitcoins interact with software developers. Thousands of gambling games from the best providers and studios are available on such sites. There are platforms that offer live gambling websites with real dealers. There are slots with great jackpots and frequent tournaments that will make any gaming experience more exciting.
WHAT CURRENCIES DO THEY ACCEPT
● Litecoin (LTC) – is a cryptocurrency and blockchain that differentiates itself from BTC by using a different mining algorithm.
● Ethereum (ETH) – is more than a type of crypto money, it's a programmable blockchain that supports smart contracts.
● DASH is an altcoin that was forked from the Bitcoin protocol.
● DOGE is an open-source peer-to-peer digital currency.
● TRX – Tronix is a blockchain-based platform with 2 basic functions: 1) a global online content sharing source, 2) a tool to create offline applications without intermediaries.
● Despite the fact that BTC is the most famous crypto coin, virtual сasinos are actively adding other digital money to payment methods.
● Ethereum is the second most popular crypto coin. It has some differences related to the features of technologies. Initially, this cryptocurrency was created as a platform for creating decentralized applications. Today, it is another allowed form of payment on many crypto gaming sites.
● Litecoin has been in use since 2011. Financial transactions are made without commission and take an average of 2 minutes. The service is completely anonymous.
● DASH has been in operation since 2014 and has received many positive reviews for its anonymity and fast payment options.
● DOGE was planned as a joke but turned into a successful crypto coin. This currency is accepted on many virtual gambling platforms.
● TRX is a digital currency based on an entertainment blockchain platform. There are gambling sites that run entirely on TRX.
IF THEY HAVE A GOOD REPUTATION
When choosing a crypto gambling website, image, reputation, and rating are everything. The reputation is often shown by reviews from past and current gamblers. Read casino review sites. Also keep in mind that when people lose many times, they can be biased in their reviews, write a lot of negativity. Users often tend to focus on the bad and miss the good. The more reliable the casino, the more accounts of active players it has.
The rating and value of crypto money are constantly changing. This is influenced by the situation on the market and events related to the digital coin. Capitalization always signals the investor about the level of popularity and development of cryptocurrency. The source of such information can be specialized services.
SEE IF YOU CAN PLAY VIA AN APP
Today it is difficult to imagine a person who would not have a modern device. People use tablets and smartphones for communication, entertainment and work. Of course, Bitcoin casinos tailor their services to this fact. Developers create mobile versions of games, special applications. Playing on smartphones is becoming the most popular way of gambling.
CHECK FOR LICENSING
It is always important to control the issue of security on the Internet. You need to be sure that you are gambling at a fair and reliable casino platform. In this regard, your first step is to check if the virtual gambling source is licensed and regulated. This can ensure that your funds are safe and that you’re gaming at a reputable website.
Next, you must register and confirm your personal data. You won't be able to play completely anonymously.
There Are Different Bonuses
There are more and more competitors among BTC casinos. Platforms are doing their best to attract customers and convince them to stay. That is why bonuses are an effective way to attract players.
- The two basic types of bonuses are deposit and no deposit. The most popular cryptocurrency bonus is the classic deposit match where a gambler gets a certain percentage bonus tied to his 1-st deposit up to the maximum sum.
- Some cryptocurrency gambling platforms offer a full welcome package that gives a user a bonus on his first few deposits.
- A less popular BTC bonus is the no deposit bonus. The player receives a small amount of “free money” for just registering. This amount can be used to test some casino games.
- Another type of general bonus offered by brick and mortar casinos is free spins. They can be part of a welcome package that is awarded when you make a deposit or even free spins without a deposit.
Deposit And Withdrawals
● In order to make a deposit in a BTC casino, a gambler needs to go to the appropriate casino web-page and select a deposit method.
● If the player decides to make a deposit in crypto money, the platform will provide him with the address of the wallet and maybe even a QR code that can be scanned using the wallet application.
● Just like a classic casino, BTC gambling platforms offer a similar withdrawal process.
● A gambler needs to click on "withdraw funds" and specify where he wants to send BTC winnings.
● Next, the player needs to enter the address of his wallet.
● A user needs to specify the wallet address very accurately, because, in case of an error even in 1 digit, the transaction cannot be canceled.
● Confirm the transaction.
