A Beginnerís Guide to Crypto Gambling

Posted by MichealH Alexander on January 15th, 2021

Since cryptocurrency’s invention in 2009, the asset class has made its way into the online gambling world. Crypto has been making online gambling more accessible for years now, and it’s resulted in better security and more convenience for players all over the world. If you haven’t started playing with crypto yet, we’ve got something for you: a beginner’s guide to crypto gambling.

How to Start Playing with Crypto

Crypto gambling is, in many ways, less complicated than playing with fiat. The deposit and withdrawal speeds are faster, crypto gambling is more secure, and it’s possible to play at casinos anywhere in the world.  Latest Casino News

To start playing with crypto, you’ll first need to find a casino that accepts the coin of your choice. BetChain, KingBit, CryptoThrills, and CryptoWild are all fantastic cryptocurrency casinos with a variety of payment methods and a huge range of games.

Depending on the casino, the cryptocurrencies that they accept will differ. Most cryptocurrency casinos will accept Bitcoin and Ethereum, as well as other coins like Bitcoin Cash, Dogecoin, XRP, and Litecoin.

If you have a specific cryptocurrency in mind, say Tron, it’s probably best to search for Tron casinos.

Some Casinos are Built On a Blockchain – Some are Not

At this point, it’s probably best to differentiate between casinos that accept cryptocurrencies, and those that are actually built on a blockchain.

Contrastingly, cryptocurrency casinos do not have to be built on a blockchain. Many use a standard 128-bit SSL encryption system to secure their players, compared to the encryption inherent to a blockchain.

Depositing Crypto Into Your Account

Depending on which casino you use, you’ll first need to buy the coin of your choice from a third party exchange or marketplace. Then, you can go to your casino, and deposit the money directly from your wallet into the given address. Most of the time, you’ll have your own address allocated to you and it should reflect in your account immediately.

Playing With Crypto

Finally in this beginners guide to crypto gambling, is how to actually play with crypto. Once the funds have reflected in your account, you should be able to proceed as normal. When you have money to withdraw, the money will be deposited into your wallet, and will reflect at different speeds, according to which coin you’re using.  Top Bonus Casino

Gambling With Crypto is Safer and More Accessible

When we look at the beginner’s guide to crypto gambling, it’s clear that crypto has made things easier for players. Crypto and blockchain casinos are more secure, and more accessible for players – making the entire online gambling process smoother. Start playing with crypto today, and experience what all the hype is about.

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MichealH Alexander

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MichealH Alexander
Joined: September 11th, 2019
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