Crypto and Online Casino: Why the “Marriage” Will Last
Imagine a world where transactions would take several painful days to clear.
Bank settlements before RTGS were inconveniencing, forcing innovation.
Now we have crypto and blockchain.
Crypto being public belongs to everyone, and there are no middlemen. Regardless of your geographical location, anyone can buy or trade cryptocurrencies safely and quickly.
It wasn’t always easy, but the value proposition of cryptocurrencies and the impact of blockchain drew capital and attention. What we have now are the results of years of refinements and improvements.
With surveys and studies revealing the potent of crypto, especially in blockchain gaming and online casino, it is no surprise that there has been an explosion in the past few years. There are so many reasons why, at present, online crypto gambling and casinos sites like Crypto Casinos are popular.
Making projections, this will remain the case for years ahead.
Cryptocurrencies like Bitcoin, Litecoin, and Bitcoin Cash, for instance, are catalysts promoting the growth of intricate and efficient payment systems.
Why Cryptos and Online Casinos are a Perfect Marriage
Out of this, the primary beneficiaries are online crypto casinos and blockchain gaming providers.
Think about the benefits that cryptocurrencies tag along: Privacy in the sense that you don’t need to hand over personal information to participation, disintermediation because the underlying blockchain has mopped out the need of mediators, instant settlement since crypto transactions are completed after every block, global outreach considering the blockchain is international and cuts borders, and paperless operations in that all users must transact digitally.
It seems utopian, but these are the perfect triggers that would anchor online casino and blockchain gaming, a lucrative opportunity for the gamer and providers. In essence, cryptocurrencies are heavily disrupting the operations of online casinos and traditional gambling platforms.
Admittedly, not all online crypto casinos are up the ranks, providing the best for their clientele. However, this is not to say all providers are not up to speed with gamers’ needs. It is also not to mean their platforms are leaky or complex, scaring away beginners.
The fact of the matter is, the level of inventiveness in online crypto gambling and casinos is unparalleled. There are dozens of games to choose from, ranging from live dealer games like slots, for instance, to spot betting and much more.
Why Use a Crypto Casino Aggregator
Players who want to participate can also be assured of safety when placing bets or gaming on some of the popular, socially endorsed, and vetted online casinos and gambling platforms. Instead of trawling and sifting through possible online casinos, a player can use an aggregating site.
These platforms would review each site before listing. This way, they assure the safety of funds and ensure that the player’s interest is also met.
For example, by only considering regulated online casinos which support cryptocurrencies, aggregating portals present to clients licensed and some of the best cryptocurrency online casinos to choose from, saving time.
A merger between licensing, compliance, and the security of the underlying blockchain results in a hacker-proof portal with safety nets.
Players would notably enjoy unrivaled security with a regulatory buffer, all while enjoying the benefits of traditional online casinos and more.
These benefits can include niceties like free spins and match deposit bonuses on signup.
However, while bonuses are welcomed, it should be noted that not all casinos offer them.
Factors to Consider when Selecting a Crypto Casino
As simple as online casinos are, a player should select a crypto casino that supports a wide range of cryptocurrencies.
According to trackers, there are over 10.5k cryptocurrencies. However, not all are supported by some of the best cryptocurrency casinos. Popular ones like Bitcoin, ETH, XRP, LTC, and the top-10 coins could be on the roster.
Therefore, the first thing to check is the number of coins supported and, most importantly, withdrawal methods. It won’t be surprising to find an online casino with a hybrid system supporting fiat and crypto.
Separating the weed from the chaff is the reliability and speed of withdrawals. A player need not wait for days to withdraw from winning, especially if the platform only supports cryptocurrencies. In any case, crypto withdrawals should be instantaneous and cheap.
But what if there are problems? This is where the quality of the crypto casino’s customer care support and service comes in.
Before signup, even on vetted casinos, a player should check the number of communication channels, check online reviews, and the professionalism of customer service agents. It is especially good to check out the experience of other gamers by sifting through reviews from popular sites like Trustpilot and others to gauge how well you will be served in case of hitches.
