Can I Play Casino Games Online with Cryptocurrencies?

Date Published

Authored by

Paul De Freitas

Crypto feature

Digital currencies like Bitcoin have been gaining popularity all around the world, and some places have started to accept crypto as one of the many possible payment methods. Online casinos continuously evolve to deliver utmost security and innovation to gamblers, including using crypto coins instead of regular card deposits.

Here, you will learn about online gambling with cryptocurrencies, their intricacies, and the best online casino to bet with crypto.

What Is Crypto Gambling?

Crypto gambling means using cryptocurrency to play online casino games. The usual way to play online would be to deposit your money and bet with your local currency; however, you first need to open a crypto wallet to bet with crypto.

Available Cryptocurrencies

Online gaming casinos accept different digital currencies alongside real money. Some of the most popular cryptocurrencies are:

  • Bitcoins
  • Ethereum
  • Litecoin
  • Stellar
  • Bitcoins Cash

Bitcoin is the number one digital currency being the biggest and most used one among others, and it is also the most expensive of all.

How to Open a Crypto Wallet?

You can open a crypto wallet by opening your account on the official site. Depending on your devices, you can set up a hardware, mobile, or desktop wallet. The next step is to purchase coins with your debit/credit card or using a trusted website that converts your real money to Bitcoins, Ethereum, Litecoin, or another digital currency you wish to use.

What are the Benefits of Having a Crypto Wallet?

You should be aware that crypto wallets are very protected if used correctly. This means you shouldn't share sensitive information, and you should remember to regularly backup your wallet in safe places and change your password often, among other ways of securing your wallet.

Unlike bank transfers that take days to process, cryptocurrency deposits and withdrawals are much shorter and can take up to a few hours. Another great advantage of using a cryptocurrency in online gambling is that you do not share your private information like full name, address, etc. Moreover, your personal bank account is separated from your digital currency wallet, which makes playing with cryptocurrencies more advantageous than real money.

What are the Drawbacks of Gambling With Cryptocurrencies?

The major drawback of betting money with crypto is once you confirm the transaction, it cannot be reversed unless the recipient agrees to refund coins. Another disadvantage is that the price of a currency constantly fluctuates, making it hard, if not impossible, to keep stable savings for the future. In contrast, the volatile price can jump up high for some time, increasing your previous winnings from an online casino.

Is It Legal for an Online Casino to Accept Cryptocurrency?

Online gambling with cryptocurrencies is still new; thus, there are no clear regulations with regard to it. It is not forbidden to bet with crypto, nor is it accepted. Some countries do not recognize cryptocurrencies like Bitcoin as a real currency, which means that online casinos' rules do not apply to digital currencies.

When you play online casino games with cryptocurrency, you have more privacy than when depositing real money using a debit/credit card. That being said, reliable online casinos would ask for some personal information if your payout is big.

The demand for cryptocurrency is growing, and some gaming authorities (e.g. Curacao Interactive Licensing) have started issuing licenses, allowing online casinos to accept and monitor bets with crypto.

How to Start Betting With Cryptocurrency in Online Casinos?

Before you are ready to play casino games, you need to set up a crypto wallet and buy coins. Many casinos offer various bonuses to elevate players' gaming experience; however, not all of them are available to crypto bettors.

The online gaming community is expanding, and many online casinos work hard to attract new players. However, you need to be careful when choosing an online casino. Apart from appealing bonuses and a payment method with cryptocurrency, there are other things you should pay attention to.

Features of a Reliable Online Casino

Gambling online is not always safe; that is why you should know how to spot a trustworthy casino site. Since you will be using your crypto coins, you probably would like to land some winnings as well. And for that, you should know what casinos are regulated and offer fair play to every customer.

Here is the list of the features you should look for when choosing casinos that accept cryptocurrency.

Transparency of the Casino's Website

Before you decide to sign up on a casino website, read the section about a casino and what they have done during their existence. All reputable online casinos inform clients of their software providers, license and include a guide for people who experience a gambling problem like an addiction.

It is useful to read through the Terms and Conditions during the registration to know what you are signing up to. Apart from standard rules, you should check how you can deposit and withdraw your crypto money.

The last thing you can check is whether the websites are secure. This way, you will feel more comfortable using your cryptocurrency coins to gamble.

It is fairly easy to do; the fastest way is to click on the padlock icon next to the URL toolbar. Once clicked, you should see "Connection is secure."

If you still doubt whether the casino is right for you, you can read the reviews left by players.

Getting Crypto

Gambling License

There are no clear regulations regarding cryptocurrency in the gambling industry; however, casinos need a license to operate legally, provide fair gameplay for everyone, and process different payments. The license makes sure that there is an authority that regularly monitors the site. Casinos with licenses are also obliged to check and update their security and assist players with any issue.

Welcome Bonuses and Weekly Promotions

A good welcome boost helps a new player to get used to the gameplay and try out different games. However, every welcome bonus has some requirements that you need to meet to avoid losing free spins, bets, or even free coins.

Many casinos offer weekly promotions that significantly improve the gaming experience because you can receive an opportunity to play with better odds, better deposit and withdrawal conditions, and many other benefits.

Quality of Customer Support

Another essential feature of a reliable casino is its client assistance. Before you make your first deposit, it is vital to see if anyone can help you when you face a problem. You should visit the sites and see what channels of communication are available.

It is best to play with a casino that has more than one channel, for example, an email and Skype/WhatsApp, an email and a Telegram, etc. The more channels, the better, because your questions will be answered faster.

You can contact the agents and see how long it takes them to get back to you. Client service is necessary for players, especially when there is a problem with a withdrawal or a technical issue in the game.

Software Provides

Every game is different in its odds, versatility, and aesthetic. Most reputable casinos use games from professional software providers like NetEnt, Playtech, Evolution Gaming, etc.

Playing games created by these providers is engaging and enjoyable. The providers also regularly update their games, improving them and adding new rewards and features. And you can be sure that their games are protected and cannot be tampered with.

Selection of Online Casino Games

The last thing on our list is the selection of casino games. Before you register, you could check the available games (e.g. poker, blackjack, etc.) and see if something interests you. Playing just any game can get boring with time, and if you want to win big money, you will need to focus on one game that you will excel at. That is why you should always claim welcome gifts to experiment with different games on the sites.

What Is the Best Place for Gambling With Cryptocurrency?

Crypto casino

To help you start your new gaming journey, here is the number one casino that accepts cryptocurrency, mainly Bitcoins. It has great rewards, the lowest betting limits, and beneficial conditions for deposit and withdrawal.

The Best Online Casino for Bitcoin Bettors

Fair Go Casino was established in 2017 and already has a wide selection of games that can be accessed through smartphones, tablets, or PCs. The casino is owned by one of the most prominent players in the industry, Deckmedia N. V. Players can play games for free without paying. It is nice to practice online before wagering actual money. The casino delivers sophisticated games from the developer RealTime Gaming.

License

Fair Go Casino is licensed in Curacao, and it follows all the regulations to provide a regulated gaming environment for safe gambling. The casino also supports responsible gambling, meaning you can request a short or long break from receiving notifications and discounts.

Welcome Bonus

Fair Go has a generous welcome gift of up to $1000 with the coupon. To receive this offer, you will need to make 5 deposits with a minimum of $20 each. There are plenty of payment options, including:

  • Neteller
  • Skrill
  • Neosurf
  • Credit/debit cards
  • Paysafecard

Deposit and Payout With Cryptocurrency

Depositing with a cryptocurrency doesn't differ much from regular options. Fair Go Casino, however, gives an advantage for Bitcoin bettors, such as free spins, up to a $150 bonus, and others. Make sure to check their current rewards or contact their client service.

Unlike cash or bank transfers, deposits with cryptocurrency are instant; the same applies if you want to withdraw your winnings. Since Bitcoins are a digital currency, there are no fees involved.

Client Support

Fair Go Casino has 24/7 client assistance. You can contact them through phone number, email, and live chat; moreover, the service is available throughout the week, including bank holidays. Fair Go Casino constantly strives to deliver excellent client support to players who have any questions.

Available Casino Games to Play With Cryptocurrency

FairGo Casinos

Fair Go Casino offers loads of games you can play with cryptocurrency. The casino has over 250 different games available; you will definitely find a game that suits your preferences and budget. Additionally, the casino offers over 150 mobile games developed for Android, iOS, and Windows users.

Table Games

There is a huge variety of online table games and video poker. Among table games, you can find roulette, various types of poker, blackjack, and many more. Fair Go Casino keeps adding more games to offer you versatility and diversity all the time.

Online Casino Slots

Among online games on the site, you can play the following types of online slot machines:

  • 3-reel
  • 4-reel
  • 5-reel
  • 6-reel
  • Progressive Jackpots

The number of reels indicates how many rows are on the screen. Before you begin a game, it is important to check the payout lines and try to land the matching icons. There is always a bigger chance of winning if your slots machine has more reels.

Progressive Jackpots are different from regular slots because they offer a huge sum of money to win. You should remember that, when it comes to progressive jackpots, in order to be eligible to win the top prize, you might have to bet the maximum amount (although this depends on the particular slot game) - otherwise you are missing out on a chance to win big money, as even if you hit the winning combo, you won’t receive the prize.

Conclusion

Cryptocurrency is becoming a big part of gambling because it protects your identity, you don't have any extra charges, nor do you have to wait a long time for a cashout. These obvious advantages push casinos to change their payment options and think about cryptocurrency bettors' needs.

Cryptocurrency might not be looked positively upon by some countries, but they cannot ignore that digital currency is evolving rapidly in all business sectors. Before countries agree on the cryptocurrency legislation, players can enjoy tax-free and protected online gaming in casinos.

Make sure to follow the tips on choosing a reliable and entertaining casino that will help you make an informed decision.

You can click here to learn more about the best online casino to bet with crypto.

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