Online Casino Cryptocurrency
In the world of online casinos, Bitcoin brands became the darling of the industry as soon as players understood all the advantages it brought. Provably fair gambling, instant payments and ever-growing jackpots that would go up in price after players hit them, made Bitcoin casino brands legendary. But as the space developed, new cryptocurrencies emerged, coming to the crypto casino concept, and a wealth of improvements on the now classic Bitcoin casinos.
Our Favorite Crypto Casinos
With that being said, the cryptocurrency casino phenomenon is more about Bitcoin casinos enabling payments with other cryptocurrencies than new crypto casino brands emerging. Our staff is constantly looking for new developments in the space to bring you the best options for you to play with your favorite cryptocurrency. Here is a list of the best casinos in the space:
- Online casinos and cryptocurrency share something in common: they have both prospered in the past decade due to the inefficiencies of their traditional counterparts. Most of us want our currency to be digitized, and most of us would rather play games online. But have the two come together to form a coalition of convenience?
- Crypto Casinos Bitcoin Chaser - March 19, 2020 In the world of online casinos, Bitcoin brands became the darling of the industry as soon as players understood all the advantages it brought. Provably fair gambling, instant payments and ever-growing jackpots that would go up in price after players hit them, made Bitcoin casino brands legendary.
BetChain
BitStarz
Using Cryptocurrency at Online Casinos Having the ability to use cryptocurrency at an internet casino to play slots, roulette, or maybe some other type of casino game isn’t something you will need to wait a long time to have the ability to do.
Crypto Thrills
Playamo
CryptoWild
Greenspin
1xBit
7Bit
FortuneJack
Advantages of Crypto Casinos
Many brands, taking advantage of the rise of the altcoin, started enabling payments with other cryptocurrencies, effectively becoming crypto casinos. This integration brought them several advantages, like:
- A bigger pool of players to appeal to.
- More jackpots denominated in different cryptocurrencies.
- Advantages on payments and withdrawals, taking into account fees and the speed of the transactions.
- Increased privacy for their players – especially when enabling Monero payments.
Players Benefit from Crypto Casinos
Players also benefited from this change. Cryptocurrency casinos offer players a wide variety of payment options which factors into that player’s gaming strategy. Players can also benefit from the experience that these brands have accumulated during the years but now pay with a different currency. These changes are also fueling a growth in demand for crypto casinos that accept the widest possible number of different cryptocurrencies, which can bring brands to design specialized bonuses directed at each kind of player.
Cryptocurrencies Available at Crypto Casinos
The crypto casino brands above have enabled payments in at least one additional cryptocurrency apart from Bitcoin. The most popular cryptocurrencies enabled at casinos are the following:
Play with Your Favorite Cryptocurrency!
Now that you know everything there is to know about this new crypto casino trend, you can pick your favorite brand and start playing with your cryptocurrency of choice. You will be able to take advantage of the same bonuses and all the other advantages that made Bitcoin gambling the darling of the online casino industry, but with the cryptocurrency of your choice. So, just go ahead, spin at your favorite casinos and win one of those huge jackpots using the cryptocurrency you identify with the most.
Today, players worldwide engage in real money play at trusted and licensed online casinos. You will find there a growing number of crypto casino sites that are emerging, offering players the chance to conduct secure transactions using cryptocurrencies.
A cryptocurrency is a safe and secure way to manage any real money account online. This is a digital or virtual form of currency that is almost impossible to counterfeit. Most of the cryptocurrencies used today at online casinos are decentralized networks, meaning they are not connected to any bank or financial institution. When you play at an online casino with cryptocurrency, you will benefit from the fastest processing and the best protection layers.
What is Crypto Casino?
If you are looking for one of the best ways to play real money games, turn your attention to a cryptocurrency casino site. This is an online casino that accepts crypto as a form of payment, allowing players to remain anonymous as they conduct transactions to play supported games for payouts.
These casino sites work like any other online casino and offer a choice of cryptocurrencies as banking methods. You will also be able to use standard payment options like credit cards and e-wallets at these sites, though they are best known for providing an instant deposit using Bitcoin or another crypto.
As a player, using a cryptocurrency to make a deposit or withdrawal is a simple and fast process. You will find that this form of payment will offer quicker processing times, and you will be able to remain completely anonymous as you do not have to provide the online crypto casino with any personal information when using these options.
Pros & Cons
As more and more real money crypto casino sites enter the industry, you should become aware of the pros and cons of using this payment method. Each operating site like Red Dog Casino will support different payment options, and when you use crypto to fund and manage an account, you will enjoy many advantages. However, there will be some drawbacks to using this option as well. We want you to be as informed as possible, so we provide you with an overview of the benefits and drawbacks of using this option.
Crypto Benefits
If you are preparing to use any crypto to play games at Red Dog Casino, you should know about the benefits that you will enjoy. This best crypto casino will provide you with access to leading games from top-rated providers, and you will always shave the best security measures in place. Take a look at the pros of playing with this currency form.
- Super Level of Anonymity – If you want to protect your identity and keep that hidden from any third parties, cryptocurrencies may be the best banking option. Since they are decentralized, any transaction details cannot be traced by any government agency or bank. You will also not have to provide any contact information, email addresses, or bank information when making payments from your crypto wallet.
- Enhanced Security Measures – In addition to keeping customer data private, cryptocurrencies are known for offering excellent security levels. One of the main reasons this form of payment was created was to battle security issues online. Hackers will not be able to counterfeit any crypto. At Red Dog Casino, SSL encryption software is used to protect you from any cyber attack since casinos can be hacked. With blockchain technology, you are protected from this. You will conduct a transaction using online codes and a unique set of keys that will only be in your possession.
- Fast Transactions – As a real money player at Red Dog Casino, you will want to receive your winnings as quickly as possible. Some traditional currency options will take days, even up to a week, for the funds to be available. When you choose a cryptocurrency online casino, the amount you transfer from your account will be processed immediately! You will usually receive your funds within minutes.
- Not Location Restricted – This is an important aspect, especially for players from the US or another country with strict gambling laws. Some countries or states will ban your ability to gamble online, and even though you can access an offshore casino, you may not be able to use your preferred payment option like credit cards or a bank transfer. With a digital currency, you will have complete freedom to play anywhere worldwide so you can enjoy the thrills at Red Dog Casino no matter where you live!
Crypto Drawbacks
- Volatility is High – One of the main issues when you play casino games with cryptocurrency. The value of the currency can fluctuate daily, sometimes multiple times per day. It is almost impossible to predict when this will happen. A drop in value means you will lose money, though an increase will provide you with more money.
- Transactions are Not Reversible – When you conduct a payment using a traditional payment method, you often have the ability to reverse the transaction. This is common when using a cashout option. At Red Dog, you have the ability to cancel the process, not withdraw, and let funds remain in the account. You will also find chargebacks are allowed when making deposits. However, when using crypto, these options are not available. Once they leave your wallet, you cannot get them back.
How Safe Is It?
Playing at a casino that uses cryptocurrency like Bitcoin at Red Dog offers you enhanced protection and is completely safe and secure. Many players find that crypto gambling is more secure than playing with a traditional payment method like a credit or debit card. New crypto casino like Red Dog is much less likely to be hacked, and all of your Bitcoin transactions are encrypted. The private keys used are quite difficult to decode, offering you added protection levels when you engage in real money play.
With an added security level in place, the risk of account hacking or fraud is reduced, offering you one of the most secure ways to enjoy playing your favorite games online for real money wagers.
Crypto Games
Are you ready to play top games for Bitcoin? At Red Dog Casino, you will find an impressive selection of crypto slot machines powered by RTG. These games offer hours of entertainment, and you will find a large assortment of three-, five-, six-reel titles along with top-paying jackpot games and even random progressive slots!
If you prefer to spend some time at the tables, you will find this site to offer some great crypto blackjack games. Enjoy the thrills of the most popular variations from RTG like Super 21, Pontoon, Suit ‘Em Up Blackjack, Blackjack + Perfect Pairs, European Blackjack, and Match Play 21. With the latest crypto casino bonus offers for players, you will be able to get some free funds to place even more wagers on these supported titles.
How about some crypto roulette action? This casino offers three great games, American Roulette, European Roulette, and French Roulette. American and European game variations can be played for free or real money wagers and offer a provably fair payout. French Roulette can be played in the downloadable desktop version and also offers much fun. You can also get in on the action of crypto poker games like Caribbean Hold’Em Poker, Caribbean Stud Poker, Let ‘Em Ride, Pai Gow Poker, or Tri Card Poker.
Guide to Using eWallets
If you invest funds or plan to use crypto to play games at Red Dog Casino, you will have to use a crypto wallet. There are a number of options, including web wallets, desktop options, mobile wallets, and more. When you choose a wallet, you will be assigned a wallet key. This is a series of numbers and letters that will be used to unlock the wallet so you can make transactions.
Coinbase is one of the top choices when it comes to wallets. This is the number one option for mobile gamblers, and you can store, send, and receive crypto. With this option, your assets are stored on your device and will not require any exchange.
No matter what wallet you decide to use, you will take advantage of a trustworthy software program that will store your private keys and interact with different blockchains. When you want to deposit to your Red Dog Casino account or wish to withdraw a winning, you will have to use your wallet address to complete the transaction.
Mobile Crypto Gambling
Enjoy gambling on the go? Red Dog also offers a crypto mobile casino platform where you can use any device to access your favorite games and play at any time. With mobile gambling, you will enjoy a safe connection to the casino and all games and services offered. Just like when using a PC, you can conduct instant deposits and fast withdrawals using Bitcoin by visiting the site cashier and conducting a transaction using your crypto wallet address.
How to Deposit with Cryptocurrency at Red Dog
When you are ready to get started playing at one of the top crypto casinos, you will find that the process of depositing is very simple. After you have created your player account, you will visit the Red Dog Casino cashier. Here, you will select the Bitcoin option. You will then see the Bitcoin wallet address, and you should use this with your Bitcoin wallet to conduct the transaction. Select a deposit amount, and your Bitcoins will be transferred instantly to the Red Dog Casino account. This crypto casino with welcome bonus offers a great 225% match deal when you make your first deposit.
FAQ
Are crypto casino sites regulated?
Most of the sites like Red Dog are licensed and regulated, but there is no specific law that requires regulation when it comes to Bitcoin gambling.
Are there promotions when using cryptocurrencies to fund an account?
Yes. Red Dog Casino offers a welcome bonus as well as other promotions to engage players to start gambling. Lucrative offers at Red Dog, such as the 24/7 bonus, the game of the month bonus, and many others, can boost the account balance and offer free funds to use on your favorite games.
Can all games be played with Bitcoin?
Yes. When you conduct a transaction using crypto at a cryptocurrency deposit casino, it is just like any other deposit, and funds can be used to play any of the supported games.
Are Bitcoin winnings taxed?
Cryptocurrency Online Casino
This is one of the advantages of using a cryptocurrency. Since they are decentralized, there is no way for any transactions to be traced by any financial institution or government authority, so there are no taxes on any winnings.
Sell Cryptocurrency Online
Conclusion
Online Casino Ethereum
Crypto casinos have become quite popular, and for players from the US, this allows for easy access to offshore casinos where certain payment methods may still be restricted. With crypto gambling, you will remain anonymous, enjoy the most secure transactions, and benefit from every service and game offered at leading licensed sites. At Red Dog, you can get started with a handsome welcome bonus when you deposit using Bitcoin and will always enjoy 100% secure transactions.
Get ready to enjoy one of the safest ways to gamble online. You can use cryptos to play the best games offered and will also be able to manage your casino account when using any mobile device or desktop computer.