Spin the reels of fortune with cryptocurrency!
Be part of the new generation of online gamblers and use crypto tokens on your bets. Get to know what all the crypto hype is about and wager your way to the hottest jackpots in the online casino world right here at Bitcasino, your home for crypto betting!
Crypto is the new cash in the online world. People are finally becoming less dependent on fiat currencies and stepping out to enjoy transacting without intermediaries. It all started with Bitcoin in 2008 and countless other altcoins promising fast, decentralized transactions designed for the needs of the users. With crypto’s continuous rise to the top, there is no better time to jump on the Bitcoin hype train than now!
Cryptocurrency is a virtual payment system that is not governed by a central authority. You can use it in a myriad of ways such as trading, investing and buying goods and services from other crypto users.
Instead of having your transaction verified by an intermediary, crypto manages exchange through the unique system of mining. All the participants involved in the network of miners have to validate your transaction before it can be verified by a mining node. Once the transaction is verified, it will be recorded in the blockchain and connected to other data.
Considering the process mentioned above, your information will be immutable and virtually impossible to tamper with, making it a secure way of transferring funds. Now that you’re familiar with how crypto works, know how you can use it here at Bitcasino and gamble for the biggest wins!
A new era of gaming with crypto!
With the fast and continuous advancement of technology, the world is starting to develop into a more digitally dependent generation. Among various industries, the digital movement significantly helped the financial system evolve. Most lapses it had back then are finally solved through the introduction of cryptocurrencies, but that’s not all that crypto fixed in its emergence.
Crypto also made it possible for people to process transactions online without the involvement of a middle man. As a decentralized system, there is nothing holding crypto users back.
This is something that is needed in the world of online gambling. With restrictions from country to country, gamblers need a currency that will work for their needs and allow them to gamble whenever and wherever they want.
Why use crypto on your casino games?
Crypto has been the hottest trend in online casinos for a while now. Its ability to fill the lapses that fiat currency has makes it an ideal replacement, especially for online transactions. Additionally, crypto makes the users less dependent on centralized institutions, allowing you to have a wider range of payment options.
Take a look at the different aspects of cryptocurrency that makes it perfect for online gambling below:
Top cryptocurrency for casino gambling
Now that you know why crypto is ideal for online gaming, you need to choose which one to use. But with thousands of digital assets available today, picking the best one can be a hassle. Fortunately, we’ve listed your best choices below. Take a look at the top cryptocurrencies that you can use here at Bitcasino:
Bitcoin is considered the biggest cryptocurrency and it’s also the first of its kind. As far as investments are concerned, this cryptocurrency is one of the best. Even at its lowest, Bitcoin’s price is still unmatched by other altcoins.
Bitcasino was originally established to cater to gamblers who would like to use Bitcoin in their wagers. It is the first licensed crypto online gambling site that uses Bitcoin as its main currency. A lot of Bitcasino’s promotions feature themed quests with huge prize pools. There are also Bitcoin price prediction events wherein you can bet on the price of Bitcoin and win more tokens!
Ether takes the lead among the altcoins, which are currencies made after Bitcoin was created. Despite being less popular than Bitcoin, Ether has Bitcoin beat in terms of functionality.
In Ethereum, they have something called the smart contract. This contract acts as the medium that holds all of the funds until certain conditions are met by the individuals involved. With a safe and fair system, Ethereum users can conduct deals without the fear of getting laundered on.
Aside from its function and features that can help the users build up their assets, Ethereum has stayed safe from scandals, making it one of the most viable tokens for online transactions.
Litecoin is one of the first altcoins in existence. It is an established token whose volatility closely follows that of Bitcoin’s. That’s not the only thing that is similar between the two. In fact, LTC is viewed as the silver to Bitcoin’s gold since it has the same algorithm and program as Bitcoin.
For those who are more familiar with Bitcoin but don’t want to spend their tokens on bets, Litecoin would make for a good alternative. It has a higher maximum cap than Bitcoin, therefore, making its price lower. Moreover, Litecoin also promises a 4x faster transaction rate as opposed to Bitcoin’s 10 minute block time. To top it all off, LTC also has a cheaper processing fee. Play now at Bitcasino and experience fast and easy betting using Litecoin!
Tron is another currency accepted in Bitcasino. It is a currency specifically tailored for gamers and gamblers so it is no surprise that it ended up on top of the cryptocurrency list.
A few of the advantages of using Tron in your bets is that it has a greater blockchain capacity than even Ethereum and Bitcoin. The latter coins have a design and traffic that allows transactions to go through much slower. Meanwhile, Tron can process commands in real-time, with zero lags so you can enjoy your game without any interruptions.
Right here at Bitcasino, there are more than 5,000 casino games where you can use your Tether coins to gamble. Tether is one of the few crypto tokens that doesn’t have shaky volatility that makes its price drop and rise from time to time. The currency reserve that Tether has ensures that its value will always be equal to $1.
It’s the perfect cryptocurrency for gamblers who want to get their hands on crypto but are still unfamiliar with its concept. Tether is the easiest for non-technical users to understand since it functions almost the same way as fiat currency. Users of USDT don’t even have to worry about liquidity. They can purchase as many Tether coins as they want at their own pace since the price will remain the same.
Cardano is one of the few cryptocurrencies that are consistently on the top 50 of the best cryptocurrencies in the market. What makes Cardano special is its constant updates and upgrades that are always aimed to satisfy the users. Aside from that, Cardano is also known as one of the few cryptocurrencies reviewed by scholars, giving it the academic credibility that most cryptocurrencies don’t have.
What makes people value Cardano so much is the fact that it is innovative. The development team behind Cardano created a more scalable and decentralized blockchain backed by a protocol called Ouroboros Hydra. Moreover, Cardano allows users to have a digital identity so unbanked, citizens can participate in the global market.
Dogecoin is a token based on a meme that unexpectedly blew up and became one of the most popular cryptocurrencies today. Through this currency, you can access all of the games in Bitcasino and participate in online gambles, be it slots or live dealer games.
There isn’t much that makes Dogecoin different from other startup tokens. However, it has the simplicity that most beginner gamblers are looking for. It is easy to understand and high up in the market with no signs of coming down anytime soon.
Most importantly, Dogecoin offers lower transaction charges and costs cheaper than major currencies. Purchase your Dogecoins now and get ready to wager on the most thrilling casino games right here at Bitcasino!
Take a gamble at Bitcasino!
How to bet with crypto on Bitcasino!
Ready to take the next step and gamble your coins? Learn the step by step process of gambling with crypto right here at Bitcasino!
Step 1: Choosing your wallet
Your wallet is one of the most important aspects of crypto trading. It is where you store all of your digital tokens along with your private and public keys. Public key contains the codes that will allow you to receive funds in your wallet. Meanwhile, a private key is used to confirm transactions and transfers from your account.
Some wallets you can use are Exodus, Trust and Coinbase wallet. You can download these wallets on your mobile or PC device.
Step 2: Purchase cryptocurrency via crypto exchanges
Now that you have your wallet, you can finally purchase and store crypto tokens on your device. Visit a crypto exchange site like CEX.io and Kraken and purchase your preferred cryptocurrencies after creating an account.
Step 3: Gamble your coins and enjoy the Bitcasino experience!
With your wallet filled with your desired currency, it’s time to go for the fun part: spending and gambling your coins on your favourite casino games!
Deposit to your account straight from your wallet by clicking on the deposit button at the upper right corner of the Bitcasino homepage. Scan the QR code and select the amount that you want to deposit. Confirm the transaction on your wallet and you’re done. It’s time to gamble and strike the gold on the reels!