The growing popularity of cryptocurrencies is having a strong impact on the world of online gambling. Many operators now include these digital currencies as payment methods and so they offer to the players the opportunity to use them to place sports bets or play all kinds of casino games.
CryptoCasinoGuru offers its readers accurate and unbiased reviews. We evaluate carefully, with high standards, the websites where online casino enthusiasts can have fun using their cryptos.
If you are new to the world of online gambling and new to cryptos in general, it may seem complicated at first, but don’t worry it really isn’t. Read on to learn more about what we do and how the best crypto casinos, also called bitcoin casinos, work!
How do we evaluate the best crypto casinos?
CryptoCasinoGuru readers can count on accurate and unbiased reviews. Gaming platforms are scrupulously analyzed in order to offer players only websites only that hold a valid gaming license issued by competent authorities. Among these, we can find, for example, the eGaming Authority of Curaçao, Malta Gaming Authority, and Costa Rica Authority, which regulate the activities of many online casino sites, guaranteeing very high standards in terms of the fairness of the software used, the security of transactions and the protection of users’ personal data.
Although they are not European authorities, the licenses they issue allow the game also to all European users, since they both refer to governments of countries belonging to the European Union. It may not seem so because the Caribbean island of Curaçao, for example, is far away from the Netherlands, but in fact, the license issued by the eGaming Authority refers to the Dutch government, and for this reason, it has to comply with various European regulations that are then accepted by another country member of the European Union. In short, it is not illegal.
Since CryptoCasinoGuru.com specializes in reviewing the best crypto casinos, this is also an essential characteristic of the websites we propose to our readers. When we talk about cryptos, however, we do not only refer to bitcoin, but we also try to include gaming sites that also accept other digital currencies, such as for example Ethereum or Litecoin. We evaluate the best crypto casinos for our lovely readers!
Cryptos and e-wallets for the best crypto casinos
As we have already mentioned, we review for our readers the best crypto casinos. These and must therefore include crypto wallets among their payment methods, which can also stand alongside more “traditional” payment methods, such as credit cards, e-wallets, or bank transfers.
The most popular cryptocurrency is undoubtedly Bitcoin. Often abbreviated to BTC, it bases its popularity on both the speed of transactions and the security provided by the blockchain network, which allows payments to be made in no time and without the intervention of intermediaries all around the world.
The second most well-known and widely used crypto is Ethereum. Also known as ETH, it provides security and speed equal to Bitcoin. The best crypto casinos also accept it together with Litecoin, a cryptocurrency in circulation since 2011, which is also popular among crypto casino players.
To be considered, however, to be able to transfer cryptos, one must have special wallets, similar to that of e-wallets used with traditional currencies, but that enables a higher level of security due to two-factor authentication (2FA). One of the most popular wallets among those who own cryptocurrencies is Electrum, followed by Coinbase, which, thanks to its mobile app, allows users of managing cryptos anytime and in any way.
Crypto casino bonuses and promotions
Whether the platforms accept only traditional currencies or cryptos, one of the things online casino players look at most is the promotions. The types of bonuses are very similar for both types, and in the next few lines, we will briefly go over what these are.
First of all, it is necessary to distinguish between deposit and no-deposit bonuses. In order to receive a bonus, the first type requires that the player account must be top-up, and generally, the bonus amount is a percentage of the amount deposited in Bitcoin or other Altcoins. No-deposit bonuses, on the other hand, do not require the player to deposit anything into the gaming account. They are popular because they allow users to start playing without having to spend money. It is also possible that some bonuses have no wagering requirements before withdrawals, which are therefore credited to the user’s gaming account and can be immediately played and cashed out.
For slot machine enthusiasts, the best crypto casinos often offer free spins to be played on these very games, often going along with cash bonuses, especially welcome bonuses reserved for new registrants, and just as often going to make up no-deposit bonuses.
Deposits and withdrawals in the best crypto casinos
Cryptocurrencies bring an additional layer of security assurance to transactions. Thanks to blockchain technology that handles transactions, players can deposit and withdraw their funds instantly.
All a player needs to deposit cryptos to his or her casino gaming account is to log in to the website, access the deposit page in the cashier, choose the crypto, choose the amount he or she wants to play, and use the crypto wallet mobile app to finalize the payment.
The same procedure is followed to make withdrawals of winnings. It will be possible to see the amount credited to the player’s crypto wallet within a couple of minutes max.
Safety and security in the best crypto casinos
Security is a key factor when entering the world of online gambling. Players must be very careful to choose a site that guarantees the security and protection of both transactions and personal data that they input when registering. As we said, cryptos offer an additional security layer thanks to blockchain technology and two-factor authentication, but it is still necessary to rely on a legal and safe gaming site.
First, users will need to choose a platform with a valid gaming license, and then check other users’ reviews, particularly to see how the gaming site has behaved in the past in case of disputes with players. At CryptoCasinoGuru we strongly recommend it, in fact all the casinos we review hold a valid Curacao license.
In addition, users will need to protect their account with an effective password, beware of all online scams, and never provide anyone with their credentials or any other details about their gaming account, for any reason.
However, even before making sure of the security of the site one chooses to play on, one must make sure of the security of the platforms where to buy cryptocurrencies. We strongly suggest always relying on reputable platforms such as Crypto.com, Binance.com, or Coinbase.com for instance.
Similarly, the wallet in which to store cryptos and through which transactions are executed will also need to be secure. It is best to find a solution that combines security, convenience, and user-friendliness, especially when someone is new to this type of currency.
The advantages of the best crypto casinos
Considering what we have said, it is fair to ask what are the advantages of using cryptos when playing online. In short, we can say that the main advantage of using cryptocurrencies lies in the fact that transactions with this type of currency have less stringent rules in place than with other currencies, but this is not the only advantage.
Crypto transactions are completely decentralized, meaning they have no connection to banks or government institutions, ensuring anonymity and completely autonomous management of funds. Moreover, crypto transaction fees are significantly lower than those charged for other payment methods, such as credit cards and bank transfers. This is something revolutionary.
Using cryptos then makes it possible to carry out transactions all over the world, without having to worry about exchange rates or having to convert amounts into different currencies. When gambling online, this means that anyone can safely play in the best crypto casinos all over the world using digital currencies. Last but not least advantage is anonymity.
Cryptos provide anonymity and everybody loves it. Although transactions are visible in the blockchain, personal data are not visible, only their amount. Many of the best crypto casinos also offer totally anonymous accounts. It means that there is no need to share any kind of personal data with the operator. No KYC is needed. Some of them take privacy very seriously and when other conditions apply we put them on our list of the very best crypto casinos.
How to choose the best crypto casinos?
If you are visiting CasinoCryptoGuru, you will surely be interested in playing online with cryptos, and among our reviews, you can find the perfect site for your needs. But what elements should be taken into consideration? Let’s find them out together.
First of all, if there is a particular preference for a cryptocurrency, it is important to check if the gaming site of interest accepts it. Then also important is the gaming offer. Browsing through the games available can help choose the online casino that best suits your gaming preferences. After that, it is suggested to analyze the different bonuses that the platforms offer to find out which ones are the most convenient based on the games of interest and the crypto to be used.
Another very important thing to check is the countries from which it is allowed to play. European users can take advantage of websites regulated by a gaming license that refers to a government of a country belonging to the European Union, as there are internationally approved regulations governing the issuance and requirements needed to receive these licenses.
However, before signing up with any online gambling site, it is advisable to carefully read the terms and conditions of the service. It is important to make sure of the reliability of the site in question and to fully understand what rules must be followed in order to receive bonuses, deposit and withdraw money, and so on. In this type of documentation, you can also find listed all the security measures that the gambling operator implements to protect its users, ranging from encryption systems to penalties for those who engage in money laundering activities.
Very often the terms and conditions are not read, but this is actually a very important part, and it is, therefore, advisable to read carefully at least the parts relevant to what will be your experience on the portal. CryptoCasinoGuru recommends it.
What next? How to take your first steps in one of the best crypto casinos
Now that we have given all the basic information, it is time to look at our reviews and choose a casino that accepts cryptos to play on. But how to get started?
First, it is necessary to have cryptos. Crypto can be converted from traditional currency to cryptocurrency, or it can be bought directly on gambling sites. Once crypto is available and stored in the wallet, it will be possible to make deposits to fund the gaming account and withdraw winnings from the gaming site. As we mentioned earlier, there are several options for this, and it will be up to the player to decide which method is preferred, both in terms of security and in terms of user-friendliness.
Once the crypto wallet is ready to use, it will be possible to pick the casino where to sign up and start playing right away. It takes a minute. Much of what we have explained about evaluating the reliability of the best crypto casinos, and the elements to pay special attention to, have already been done by the CryptoCasinoGuru team, so all that is left is for you to read the reviews and choose which of the best crypto casinos is the right for you.