Using Cryptocurrencies at Online Casinos: Full Guide
Blockchain tech and cryptocurrencies are one of the newest and most important technologies to be recently innovated. They have applications in almost every industry on the planet – everything from allowing anonymous payments anywhere on the globe to casino games.
Expanding on the usage of Crypto for gambling, we’re going to take a look at using crypto to play your favourite casino games no matter if that’s at Online casinos in Canada or gambling sites with the latest software anywhere else on the planet.
Top 3 Things to look for in a crypto online casino
Before we get into the actual how-to, it’s always good to go over what to look for in a casino site to play on. Some of the more important things to look for include:
Fully secure and legitimate: You don’t want to be playing on a shady scam casino – you want to be totally safe on the site you’re playing on, from your wallet key to playing on fair games. This should be the first thing you look for when looking for a site to play on.
Things you can look for include full licensing by a well-known gambling authority such as the UKGC or MGA. Knowing the casino has this licence gives players protection if anything goes wrong and is a step in making sure the games are fair.
You also want to double-check that the site has up-to-date security features such as 2FA and SSL encryption. These keep your private details safe and out of any potential hackers’ hands.
Great selection of games: You want to look for casinos that have both a great range of slots and other games. If you prefer table games, make sure the casino has a wide range. You can also look for blockchain-specific games like a crash or live show-style games such as deal or no deal and higher or lower.
A lucrative bonus: Many crypto casinos will give new players a sweet bonus. These can include extra crypto on top of what you deposit, free spins for great slot games and more. Make sure the casino you’re playing in has a competitive bonus!
As always, make sure you thoroughly go through and understand the terms and conditions of any bonus you’re looking to grab.
Using Crypto at the casino
Now let’s get into the steps you need to take to use cryptocurrency at an online casino.
Open up a wallet
You’ll need a wallet to store the cryptocurrency you want to deposit and any crypto winnings you withdraw. You want to go with one of the many big names and trustworthy providers out there and the signing up process is simple, you’ll just need to enter a few details and you’ll be all ready!
Buy the crypto you want to use
Next up you want to choose what currency to play with and buy some of it. You want to choose one of the big currencies such as Bitcoin, Litecoin or Ethereum, as they are the most widely accepted.
This is a fast and pain-free experience at many exchanges and you can have your crypto ready to deposit in a matter of seconds!
Choose the crypto casino you want to play on
Now you want to actually pick the casino to play on, using our points from above whilst looking at reviews from other players. This will be the most time-consuming part of the process, as there are tonnes of choices and depending on what type of player you are or what type of bonus you’re after will dictate the pool of online casinos you can pick from.
Make your first deposit & Play!
When you’ve got the casino you’d like to play in, the last step is to simply make an account and make your first deposit – make sure you’ve claimed any bonus you want!
Creating an account will take a matter of minutes. Then it’s just a process of navigating to the payments section and choosing which cryptocurrency you’d like to deposit. After that, you’ll be supplied a wallet address to send the crypto to. That should go through in a matter of seconds and once the deposit is verified by the casino, you’re ready to start playing games.
Cryptocurrencies and blockchain tech are set to become the future of online casino payments, thanks to their versatility and anonymity. Getting ahead of the curve and learning how to use this unique payment method for deposits and withdraws is only a good thing for your online gambling, but adds utility to making many different kinds of payment – not just at the casino!