Ever since the broad public became aware of cryptocurrencies, everyone was looking to figure out how to best take advantage of it. Online gambling quickly saw the potential crypto had.
Having a peer-to-peer transaction where no bank gets involved? That is as close to the gambler’s dream as you can get. Thus, crypto casinos were born. Be it a casino that incorporates crypto on their list of currencies or an exclusively crypto-based casino.
The bottom line of a crypto casino is that you will enjoy the advantages of using crypto affords you. That means lightning-fast transaction times, not having to pay fees to any bank, and total anonymity.
All those combined means that you will get to enjoy the most of your money, unlike those gamblers working with traditional banks.
Are you looking to find an online gambling casino that takes crypto? Fine, many people are.
The unparalleled advantages the use of crypto provides to gamblers looking to get the most out of their winnings are astounding. But there are more than a couple of things you should check on any crypto casino you have on your shortlist.
You don’t want to put your precious crypto into a sketchy casino only for your withdrawal to never arrive. Here are a couple of things for you to check in order to assess if your crypto casino is legit.
All online casinos require a gambling license to operate legally. Not having a license is the biggest red flag for both online casino and crypto online casino.
Search their site looking for a license. They normally proudly exhibit the logo of a licensor below at the site’s footer.
If it holds a license of Curacao Gaming, Malta Gaming Authority (MGA), Or the UK Gambling Commission (UKGC), that is a good sign. If it does not, consider going elsewhere.
The terms and conditions of a casino always outline the way they handle bonuses and payments. If their terms specify payment through crypto using 3rd party services or anything besides giving you their wallet address, that’s suspect.
A casino might have a set minimum amount of crypto they accept to let you play with it. Check that amount with care. If, for example, you are looking to use bitcoin (BTC) and their minimum amount is 1 full bitcoin, that should set off alarms.
Cryptocurrencies are infinitely divisible; a full bitcoin implies a couple of thousand dollars of investment. A common crypto starting amount for bitcoin should be something like 0.016 BTC, which is 150 USD at the time of writing.
Bitcoin amounts can be expressed as millibitcoins (mBTC), microbitcoins (μBTC), or satoshis. Each valued at 0.001 BTC, 0.000001 BTC, and 0.0000001 BTC respectively. Always be conscious of what exact amount of crypto you are paying.
Want to find the best crypto casinos out there? Casino bee’s crypto casino list is a perfect selection of the best crypto casinos there are.
When you want a gambling expert’s opinion online, it does not get any better than an opinion from a site dedicated to gambling. The list is the result of careful research and first-hand experience from our staff of consummated online gamblers.
We know which are the crypto casinos your cryptocurrency is best to spend at. Follow the links and get ready to enjoy the best crypto casinos up and running today.
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