Cryptocurrency Online Casinos

 

More than 10 years have passed since the day it was announced about an alternative to fiat money in the form of digital coins (bitcoin mining and the first transactions on the network began in January 2009). Initially, the public (especially those people who are far from the concepts of cryptographic encryption, peer-to-peer networks and other related terms) was wary of this innovation. But over time, the first cryptocurrency gained value, so-called altcoins began to appear and the value of blockchain systems began to be considered from a different angle. Some properties of crypto-money attracted the attention of the owners of gambling sites, as anonymity and lack of government regulation perfectly complemented online gambling due to the ban in many countries.

Cryptocurrency Bonuses

For a gambler, one of the important advantages is that casino operators with cryptocurrency https://sloterman.co/bonuses/bitcoin-free-spins/ are still in a tough struggle for popularity and offer their customers bonus offers much more interesting and often much more profitable than in an online casino for real money. This can be not only a multiple (two or three times) increase in the bankroll when depositing, but also the provision of free chips for playing without depositing funds - neither real nor digital, and with a small wager. And when you withdraw, you will not be required to verify your identity.

No deposit bonuses of cryptocurrency casinos

No deposit in a cryptocurrency casino can be obtained not only for registration, but also as a regular visitor to this gambling resource. In an effort to increase their popularity and attractiveness, some gambling sites with cryptocurrency deposits hold regular promotions and offer loyalty bonuses daily. Using such incentives, the player, having lost the deposited funds, again receives a certain number of chips for the game and together with the replenishment of the bankroll with a bonus, there is a chance to recoup without having to make a deposit.

You can always find out about new bonus offers or those that you haven't had a chance to use yet on the casino bonuses page.

New casinos for cryptocurrency

Since the sphere of blockchain technologies is developing at a rapid pace, new cryptocurrency casinos are opening every day. Our New Online Casinos section allows you to follow the trends and launch of new gambling platforms.

Prerequisites for creating an online casino with cryptocurrencies

Now it is not difficult to find an online casino where you can top up your account with cryptocurrency. Some institutions combine fiat money payment services with digital coin wallets, others work only with cryptocurrency, and others are in no hurry to add either bitcoins or altcoins to payment methods.

Some online casinos that specialize exclusively in cryptocurrencies direct efforts to improve the functionality and comfort of players who own crypto assets and are not averse to exchanging a few coins for chips for leisure gambling entertainment.

Advantages of using cryptocurrencies for online casinos

Online casinos with cryptocurrencies have advantages for both players and owners of gambling resources.

Let's start with the advantages for online casino operators:

the time to open a virtual institution with replenishment of the account with digital coins is reduced from several months to a couple of weeks;

opening costs are an order of magnitude less;

expands the field of activity, allowing you to work in the innovative field of the market;

the popularity of cryptocurrencies is growing daily and the number of players who prefer this method of replenishment is increasing;

there are no costs associated with conversion;

there is no need to obtain a license, as in the case of working with fiat payment systems. Such documentation in an online casino on cryptocurrencies is needed only to increase the reputation among players, but a high level of authority can also be achieved with honest interaction with customers, thanks to reviews and ratings on independent sites, which will confirm the reliability of the institution;

the absence of intermediaries for the transfer of funds is an important advantage:

Firstly, as one of the measures taken by government agencies to combat gambling, banks and electronic payment systems began to be required not to conduct transactions with those accounts that are seen in the gambling sphere. Special blacklists have been created, and some banks, in order to please the state financial system, monitor themselves to identify accounts used to transfer funds to casinos and withdraw winnings.

Secondly, by cooperating with banks and electronic payment systems, the casino is forced to give a percentage of the transaction amount. This has been repeatedly reported by representatives in communication with users on forums, operating on this as one of the serious articles of losses.