Cryptocurrency has been around for the past decade, but it’s gained a lot of momentum in the past few years. You’re probably familiar with Bitcoin and Ethereum, but there are over 5,000 cryptocurrencies in circulation. It’s safe to say that crypto has made its way into various industries, including the casino industry. In light of this, let’s take a closer look at crypto casinos.
What are crypto casinos?
Basically, crypto casinos are casinos which deal exclusively in crypto. On top of that, they support different forms of cryptocurrencies. There’s also a variety of bonuses, offers and promotions. That sounds pretty similar to online casinos, thus raising the questions if online casinos and crypto casinos are one and the same.
Are crypto casinos and online casinos the same thing?
Although online casinos can be crypto-friendly, that’s not always the case. You see, while online casinos may accept crypto payments, their main payment method is still fiat currencies. Crypto casinos, however, deal exclusively in crypto, as the name suggests. Nonetheless, not all crypto casinos are safe and reliable. Learn everything about safe crypto casinos today!
What are some of the most popular crypto casinos?
Cloudbet, bitStarz, Stake, and CoinSaga are some of the biggest crypto casinos. While Cloudbet might be the oldest crypto casino, bitStarz is definitely the most popular one. Stake has also has great customer service, and CoinSaga is one of the hottest Bitcoin casinos around. All of these crypto casinos have a wide selection of games, bonuses, and offers. Moreover, they support different crypto!
Final thoughts on crypto casinos
All in all, the presence of cryptocurrencies in the casino industry isn’t much of a surprise having in mind its popularity. However, it is important to know the difference between online casinos and crypto casinos.
As the name would suggest, crypto casinos deal exclusively in crypto. Crypto-friendly casinos are definitely a thing, but they’re main payment method is still fiat currencies. Make sure to keep this in mind when you’re trying to choose the right casino.
If you make the occasional crypto payment, online casinos are the perfect match for you. In contrast, if you prefer paying in crypto, such as Bitcoin or Ether, crypto casinos are just right for you. Keep in mind that not all crypto casinos are safe and reliable, so make sure you do research before making a decision.