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As the popularity of online gambling and crypto increases, so does the number of casinos accepting crypto payments and using the technology for their games.
Even some long-standing casino providers have started accepting deposits in popular cryptocurrencies like Bitcoin, Litecoin, and Ethereum. Have you ever wondered what the differences are? Just watch the video below:
The real advancements in the online gambling space come from a new breed of casinos entirely built around crypto and that only use crypto to play their games. You can see a whole range of casinos built around Bitcoin and Ethereum on Casino.Guide.
There are several benefits to using crypto for your online gambling, and some sites are better for it than others. This article will explore some of the key differences between these casinos and highlight some of the most popular crypto casinos currently operating.
Paying with Crypto vs. Playing with Crypto
Just because an online casino accepts cryptocurrencies doesn’t automatically mean it is a “crypto casino.” There are many casinos where you can use crypto, such as Bitcoin, to deposit funds into your account.
However, this type of casino will then convert that Bitcoin to a standard currency like the dollar when playing the games. You’ll also be winning in dollars and, in most cases, must withdraw in dollars and not crypto.
On the other hand, we are now seeing an increasing number of true crypto casinos enter the market. An actual crypto casino operates in nothing but crypto, and all the games are built using crypto technology on the blockchain.
When you use a crypto casino, there is no traditional cash involved at all. Crypto-only casinos have a host of unique benefits compared to the conventional online casinos using standard currency or “fiat money.”
Here is a short overview of some key benefits to gambling in a crypto casino:
- Extremely fast and cheap transactions
- No sign-up required & anonymous play
- Complete freedom over where you deposit your funds
- Provably fair games built using decentralized blockchain technology
- Enhanced safety and security provided by the advanced encryption offered by blockchain tech
- Additional bonuses for crypto deposits
Of course, there are still a few potential downsides to crypto casinos, especially since they are still in their infancy. For example, it takes a lot more technical knowledge to use crypto than the currency everybody is used to using.
The interfaces of many crypto casinos also leave a lot to be desired in their current form, which can make it difficult for players to make the switch from their slick, streamlined traditional online casino platform.
Fortunately, the industry is developing rapidly and will only improve in the years to come. After all, the first online casinos have been around since 1996 and have overcome similar issues.
Top 5 Crypto-Friendly Casinos
To get you started with crypto casinos, we have listed some of the most popular offerings in the industry. Not all of them are built entirely around crypto, but they all at least accept various cryptocurrencies for depositing your funds.
Bitstarz, which is a provably fair casino, is the most popular Bitcoin casino in operation. Bitstarz accepts other cryptos aside from Bitcoin despite the name, including Litecoin, Ethereum, and even Dogecoin. The casino also takes deposits in fiat money via card deposits and e-wallets.
Bitstarz was developed in 2014, so it has had plenty of time to build up an excellent game library as well as one of the nicest interfaces in the crypto casino space.
Like Bitstarz, Roobet was also established in 2018 and has built a stellar reputation for being one of the most trustworthy, reputable Bitcoin casinos on the internet.
Featuring an extensive library of provably fair games, the Roobet Casino has something for anybody looking to use Bitcoin, Ethereum and Litecoin to gamble.
The smooth user experience and generous bonus offerings set Roobet apart as a true leader in the crypto casino world.
7Bit is another veteran in the crypto casino industry. The casino has been in operation since 2014 and will undoubtedly be familiar with regular crypto gamblers.
One of 7Bit’s most impressive and highly-regarded features is its superb customer service. The company has proved itself to be seriously responsive and helpful over the years regarding customer complaints or issues.
Like the previous casinos on the list, 7Bit features provably fair games with a wide selection of game types, from online slots to live table games. A generous welcome bonus is the icing on the cake for 7Bit and, even though the interface isn’t the best, the casino thoroughly deserves its spot on this list.
Much like cryptocurrency itself, Bitcasino aims to be a global platform and is fully translated to support nine different languages.
Bitcasino also offers support for a vast array of payment options such as Bitcoin, Tron, Ripple, Tether, and some fiat currencies like the Japanese Yen.
Finally, it is worth mentioning their generous sign-up gift of 100 free spins and the ongoing, weekly promotions and bonuses available to existing players.
Established in 2013, Cloudbet is the oldest casino on the list and is also slightly different since they offer live sports betting on top of a library of casino games.
The casino library included slots, Roulette, Baccarat, Blackjack, and more. On top of the traditional game modes, players can immerse themselves into a real-life casino experience thanks to Cloudbet’s various live table games. Cloubet is giving a 100% welcome bonus of up to 5BTC
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