The top real money online casinos offer various ways to make deposits and withdrawals. Payment methods are one of the leading considerations when choosing an online casino to join, with one of the latest additions being cryptocurrency. In fact, we have witnessed a rise in the number of online casino crypto sites in recent years and these are dedicated to offering crypto based casino gaming. Read on as we explore some of the different cryptocurrencies accepted by crypto casinos.
Bitcoin
Bitcoin is the most well-known cryptocurrency in the world and most crypto casinos will accept this digital currency. Many online casinos allow both deposits and withdrawals when using Bitcoin and it is the most valuable of all the cryptocurrencies available today. Bitcoin is a decentralized currency and that means it is not owned or controlled by a central bank, so you always have control over your Bitcoin. However, it is worth noting Bitcoin can be slower than some other cryptocurrencies when making deposits and withdrawals due to its validation process.
Ethereum
For those want to use a popular cryptocurrency for online casino gaming but want to try something different to Bitcoin, Ethereum is a good choice. Ethereum is known for its strong security and it has become one of the most trusted blockchain-based currencies. Much like Bitcoin, the process of depositing and withdrawing funds can be a little slower than other crypto casino options but it is reliable and available at many crypto casinos.
Litecoin
One of the main reasons why Litecoin came into existence was to solve the problem of Bitcoin’s slow transaction speed. So, you can immediately see the benefit of using Litecoin at crypto casinos and more online casinos are choosing to accept Litecoin purely on this basis. From the crypto casinos perspective, they want players to sign up, make a deposit, and begin playing immediately. If there is a delay, it could lead to players not returning to the casino and Litecoin ensures a quick turnaround between deposit and game time.
Tether
Tether is one of the easiest cryptocurrencies to purchase and store and that is what makes it a great choice for playing at crypto casinos. Unlike many other types of cryptocurrencies, Tether is centralized and there are many casino players who would prefer to use a centralized cryptocurrency over a decentralized crypto. As Tether is centralized, it is more closely linked to the US dollar and that makes it more stable than other cryptos. If you want to use a cryptocurrency for online casino gaming and do not want to have to worry about big fluctuations in the value of your crypto, Tether is a good choice and widely accepted at many crypto casinos.
Some other cryptocurrencies available for online casino gaming include Dogecoin, Monero, Ripple, Zcash, FunCoin, Bitcoin Cash, and CoinPoker, to name but a few. The leading crypto casinos will have multiple cryptocurrency options and you can choose the one that best suits your requirements.
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