What Is a Crypto Casino?
Crypto casinos are gambling platforms that allow users to perform any payment activities like deposits and withdrawals with cryptocurrency. This way, you will play top casino games using Bitcoin, Ethereum, Litecoin, or any other supported cryptocurrency to gamble at a crypto casino UK.
The main reason people prefer an exceptional cryptocurrency casino is the anonymity guaranteed by the platform. Also, players prefer this revolutionary payment method since it has many perks.
Instead of using the dollar or other fiat currencies to pay for their games, players can use their crypto coins to bet on their favourite slots, poker games, roulette or whatever else they are into.
Cryptocurrency casino sites work almost the same as fiat casinos and we will cover the essential differences later in our article.
How Do We Find the Best Crypto Casinos for You?
SlotsCalendar uses an intricate system to find the very best cryptocurrency casino sites that allow cryptocurrency payments. Just to make sure we are giving you accurate information about these excellent websites, we put them to the test.
This means that every review you are about to read on our site is done after we’ve thoroughly tested the casinos we recommend to you.
You may find all of our best crypto casino reviews in one place. We’ve reviewed the whole array of online casino sites we’ve tried so far, not just the best crypto casinos.
Luckily, we have an easy-to-navigate page, so all you have to do is search for the cryptocurrency casino sites and soon land upon many exceptional options that are crypto-ready.
We’re also reviewing other specific casinos for our loyal readers. For example, if you are from the United Kingdom, you can simply look for the best crypto casino UK and soon find a full list of recommendations you may access from inside the country based on the rules and regulations that apply where you live.
To summarise, finding top casinos where you might play with cryptocurrency is all about a trusted source where to read trustworthy reviews about them.
Blockchain Technology for Gambling
If you are new to the crypto gambling idea, here’s another term that has its specific criteria: the blockchain. Whenever you talk about cryptocurrency, be it the good old Bitcoin or any other part of this fascinating new world, this word comes into the discussion without fail.
What is the blockchain, and what is this amazing technology doing to allow us players to gamble with virtual money? It is basically a new way of interacting with financial or non-financial assets online in a way that’s decentralised from a higher power.
For transfers made via debit card, the bank must first approve the transfer before it is performed and you get to play your favourite casino games.
With a blockchain-based casino, there is no bank that needs to approve transactions, the peer-to-peer ledger (blockchain) will recognise instantly that you possess cryptocurrency and allow players to have fun right away.
The information you need to keep in mind is that casinos with cryptocurrency rely on blockchain technology to work.
These best crypto casinos can operate in two ways. They can use cryptocurrency for payments only, in which case this blockchain works just to allow you to pay and get earnings through the interface. Or they can use the blockchain for exciting games to prove fairness.
The term “provably fair” refers to the level of verifiable fairness a casino allows players to see. With a fiat casino, it’s independent testing companies that check for fairness.
SlotsCalendar Advice: eCogra, GLi, TST, iTech are top independent testing companies that constantly keep an eye on online casinos to ensure that players benefit. Check for their logo on the casino site where you intend to play to ensure that you get the best possible casino experience.
Probably fair gambling sites that offer blockchain-based games can let you in behind the curtains, allowing players to verify the results’ fairness of their bets directly. Users may do this with the blockchain’s help and a series of uncheatable systems.
Most Popular Payments Accepted by the Best Crypto Casinos
In a world dominated by crypto news about new virtual money coming out every day, most casinos you will find on the web will only allow you to play with certain coins on their platforms.
Rarely will you find 100 different types of cryptocurrencies accepted within one online casino. Most of the best crypto casino sites have few popular crypto coins to function correctly. Here are the most appreciated ones:
Bitcoin is a digital currency, operating free from any central control, banking system or government authority. Instead of bank control, bitcoin relies on peer-to-peer software (thanks to the blockchain technology we mentioned above) to work correctly. The transactions made with bitcoins are public, although the users are not.
You will see the transferred amount and the addresses, which are a series of characters that point to a specific user. Bitcoins are kept in virtual wallets, much like money is held in physical ones. Although you can’t grab a bitcoin, you may quickly pay with it online or transfer it from one wallet to the other or pay for your gaming if it’s a bitcoin casino.
Widely viewed as the main contender of Bitcoin, Ethereum is yet another cryptocurrency that is popular around the globe. And, of course, you should find it as a payment method in many new crypto casinos.
Ethereum operates the same way bitcoin does in its essence, with some notable differences. Bitcoin operates under a proof-of-work algorithm, while Ethereum recently moved to a proof-of-stake. These details might give you a hand while gaming away at your favourite casino.
As the name suggests, Bitcoin Cash is a subsidiary coin of the larger bitcoin. It is also called a spin-off, or an altcoin, coming out into the world in 2017, almost ten years after its leading bitcoin powerhouse.
What is the main difference between bitcoin and Bitcoin Cash? The latter is a much faster coin in terms of transactions. Bitcoin Cash acts more like real cash than bitcoin, as it is easier for users to pay, transact with it, or do anything else, including paying lower taxes per transaction.
Litecoin is another popular currency that many crypto casino UK sites accept as a payment option. Again, this is a peer-to-peer currency you may find online, enabling users instant transactions across the globe.
Litecoin is open source and fully decentralised from any authority. Mathematics is used to keep the coin secure thus putting people in control of their assets.
Litecoin is “lighter” than other more popular coins like bitcoin or Ethereum. Much like bitcoin cash, users can transfer faster thanks to its quick transaction confirmation times.
It is also easier to store as it literally takes less space on a node. Litecoin has proven itself to be a sustainable coin, with good all-around support, significant volume and available liquidity.
Although fiat currencies are mainly used through debit or credit cards today, you can still own and use physical cash if you want or need it. While most countries are going digital with finances, there are also a lot of places worldwide where cards still are popular.
A crypto wallet is a unique software or hardware that allows users to store their virtual cash safely.
Crypto wallets are primarily virtual, as many websites will enable players to own one just by setting up an account. Here are some popular crypto wallets if you’re thinking about opening one for yourself.
Electrum was created in 2011 and it’s an important crypto wallet worldwide. It is open software, meaning programmers from around the world contribute to the betterment of this product.
The Electrum is a wallet made explicitly for bitcoin. As with all wallets, transaction fees apply to all transactions. In the case of Electrum, they calculate the cost by the size of your transaction.
Coinbase is a famous cryptocurrency transaction website in the industry. It allows people to buy, sell, transfer and store cryptocurrency.
In terms of availability, the wallet from Coinbase can store many of the now-available virtual coins. Coinbase is considered the top wallet in the market, allowing you to store not just cryptocurrency but also NFTs and other virtual goods.
As a crypto wallet, Edge has a heavier focus on security. The technology behind the wallet is cutting-edge, with users enjoying complete privacy, security, and ease of use when becoming an Edge wallet owner. Edge offers a secure medium to buy, sell, trade and store any crypto goods.
They are also popular with Ethereum owners, for example, but with mobile device users, as they can access the wallet entirely from their smartphone.
Deposit and Withdrawal of Funds
Players at crypto casino UK sites are able to deposit funds instantly. to do this they will use their cryptocurrency wallet and the funds will automatically be added to their casino account.
To withdraw their winnings, the process is almost identical, just reversed, but it will take a little longer.
We’ve reviewed new crypto casinos focusing on the speed with which they deal with withdrawals, and made a list for you to look through. Regarding fast withdrawal casinos, there are many options available to gamers from all over the globe. Fast money withdrawal is what any player wants when managing to win a big bet.
Crypto Casino Deposit Bonus
An essential factor to consider when picking a new site is the crypto casino deposit bonus. Many casinos are offering great bonuses for newcomers and, at the same time, for veteran players who’ve stayed with the platform for longer. There is obviously more than one type of bonus these casinos are offering.
- Crypto casino free spins no deposit bonus – Enjoy this special bonus from casinos that don’t need you to deposit real funds before you play. You simply register an account and the reward is there for you to enjoy.
- Crypto casino welcome bonus – Your general bonus for whenever you join a new casino, the welcome bonus is usually a percentage on-deposit bonus. Most casinos come with a welcome bonus, as it attracts new players for the company.
- Crypto casino bonus – When talking about best crypto casinos, you will find plenty offering casino bonuses that give you 100% or more crypto coins than you have deposited. This is a very popular casino deposit bonus that most cryptocurrency casino sites offer.
- Crypto casino no deposit bonus – Just like the free spins bonuses, the no deposit bonuses that some safe crypto casinos are offering can be pretty rewarding. Plenty of casinos don’t even need you to deposit any real money, as they will give away playable currency for free just so you try them out.
SlotsCalendar Advice: Read the terms and conditions of every offer to see all essential information regarding the expiration date, playthrough requirements, and other elements.
Crypto Casino Sites
Here at SlotsCalendar, we are a handful of players with a passion for anything related to the gaming industry. We love to research the newest and brightest places on the web, writing honestly about them through our reviews. When it comes to crypto casino sites, we’ve got you covered with the right ones for you and your needs.
- New crypto casinos – New casinos are launched constantly and we make sure to review, rate and list all the most amazing ones. These casinos may be new in the industry but they come with significant benefits for the players like better bonuses, new games and several other great perks.
- Crypto casino slots – If you are into slots and are looking for a specific game that is available at top cryptocurrency casino sites, we’ve reviewed dozens of slot sites, and you may pay with bitcoin or other favourite crypto money.
Responsible Gambling While Playing at a Crypto Casino
Whether you choose a regular online casino or one of the many casinos that accept cryptocurrency for payments, responsible gambling is a crucial feature of your activity. Make sure you never bet money you cannot afford to lose.
And finally, remember that gambling should be fun and never a burden or an addiction. Seek help if you feel like your gambling is turning into an addictive habit.
Crypto casinos are gambling platforms that accept cryptocurrencies as a method of payment. Regardless if you like bitcoin, Ethereum, or any other virtual coin, many casinos accept your currency.
Here at Slots Calendar, we’ve written honest reviews about many casinos that accept virtual currency for real gameplay. Always pick a safe crypto casino over any other one, even if their bonuses are incredible. If they sound too good to be true, they probably are.