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Unlike several years ago, online gamblers have the opportunity to choose from a massive range of operators. They all look the same on paper, but once you check them, you see that this is not the case. There are betting brands that provide users with a couple of popular deposit and withdrawal solutions, but you may come across various cryptocurrency casinos. Even though finding a specific operator is troublesome, the crypto casinos listed here have proven themselves and are considered the best in the industry. Thus, you have the opportunity to go through each one and pick the most suitable option.
Speaking of crypto casinos, many gamblers are unsure whether they need these sites. Some of them are scared that they might get scammed, whereas others don’t feel the need to use digital currencies yet. There are multiple reasons why someone should be interested in those operators, and we will try to point them out in this article.
It doesn’t matter whether you like sports or online casinos because one of the first things you have to do to bet online is to create an account. There are a few iGaming platforms where you might be able to make a deposit and bet without signing up, but most operators have these restrictions.
Speaking of registering, this process is often complicated and can take up to several minutes. Depending on the casino, some people must fill in things like their first/last name, address, source of income, birth date, postcode, country of residence, etc.
Although you may come across crypto casinos that impose the same requirements, usually, those sites are more relaxed. The whole idea of using digital currencies for online casinos is to avoid exposing your personal information. As a result, some betting brands won’t even require you to verify your identity to make a withdrawal.
Most top crypto betting platforms only require your email, username, and password. This means you can complete the registration procedure in a couple of minutes. There are even cases where you have the chance to use the so-called “one-click registration”.
People use a couple of things to differentiate online casinos, and bonuses are one of them. If you take a look at some of the most successful iGaming sites that accept these payment options, you will see that they provide different rewards. Some of them only have offers for new users, but many brands also pay attention to their existing clientele.
Most casinos provide bonuses that can be used by all sorts of bettors, including those that make deposits with the classic payment options. Fortunately, some companies also give their crypto clients the opportunity to avail themselves of exclusive selections.
You can find several popular Bitcoin bonuses that give extra funds if you use this payment solution to make a deposit. In some instances, there are also crypto cashback, free spins, and even exclusive crypto-betting tournaments. The latter is rare, but you can compete for a massive prize pool if you find a site where they are available.
One of the things that makes digital currencies popular is their volatility. Many people can’t get used to the fact that cryptocurrencies’ price changes every day, whereas others take advantage of this and make profits.
Speaking of profits, crypto casinos could potentially allow you to increase your winnings even if you’re not playing. If you make a deposit and win, the amount will increase once crypto’s price goes up. Of course, you could also lose money without playing if the given crypto’s price goes down.
To take advantage of the faster registration process and the potential crypto bonuses, you need to use digital currencies for online betting. As mentioned earlier, Bitcoin is definitely the most popular option because it is the go-to crypto. Luckily, some companies provide a lot more options, which allows punters to choose the most suitable alternative.
The second most popular digital currency for online betting is Ethereum. In fact, some casinos focus exclusively on this option because many punters believe that it is better than BTC. Whether this is true is up in the air, but there is no arguing that ETH is among the popular payment solutions.
Litecoin is also one of the alternatives you could use to make a deposit and claim your winnings. Despite being based on BTC, LTC is often one of the available cryptocurrencies because it is a lot cheaper. Consequently, punters prefer to use LTC for betting and save their other currencies.
The next option that you may have access to is XRP. Although it is not the most popular digital currency for traders and investors, XRP offers secure payments. This makes it one of the best options for online betting.