Crypto casinos are one of the latest trends in the online gambling world. These casinos are designed to accept only cryptocurrencies for the players to gamble at that particular platform. Gambling with digital currencies is almost similar to gambling with FIAT currencies.
However, crypto casinos have some distinctive and interesting features that keep them apart from regular casinos. What are these features, and how do they affect your gambling experience? Let’s learn all about them below.
Swift Crypto Transactions
Crypto transactions can be made in two ways. Firstly, you can directly send and receive money without interference from any third-party dealers. Secondly, you can take the help of third-party dealers to process your transactions.
Third-party dealers are similar to the options like PayPal, Skrill, Neteller, and so on that; you use for FIAT currency transactions. In the case of crypto transactions, you have platforms like Exodus, Jaxx, Electrum, etc., which allow you to create an account and use their platform for quick dealings.
Either way, the transactions are swift due to greater network speeds which help you deposit and withdraw cryptos from your casino account instantly.
Most of us know that cryptos work based on blockchain technology. The main feature of this technology is that it stores all the transactional records pertaining to digital currencies. It is also known as a digital ledger for this particular feature of it.
It requires the owner to authorize the crypto transaction using their own digital signature. This way, the ledger remembers the deal, making it impossible for any other person to tamper it. By any other person, we mean, the punters, casino owners, third-party dealers as well as any hacker.
Hence, you can expect your casino transactions using digital currencies to remain secure.
Advantage of Anonymous Gambling
While few crypto casinos might ask for your personal information, a new set of casinos are completely avoiding the KYC phase. This means, without divulging your personal information of any kind, you can gamble at these crypto casinos.
Furthermore, even financial transactions using digital currencies are encrypted. So, all in all, your entire gambling endeavor will remain anonymous at these crypto casinos.
Separate Bonus Offers
If a casino offers you both FIAT as well as cryptocurrency transactions on their platform, they usually have separate bonuses for both types of currencies. This again includes an exclusive No deposit bonus, a Welcome package on the first few deposits, Weekend deals, Weekdays offers, and so on.
Furthermore, the crypto casinos also have their own set of bonuses which are enticing as well as worth your investment in them. You can check out the list of crypto gambling sites to pick the best bonus site.
Provably Fair Games
Crypto casinos also offer players with provably fair games. These casino games make use of blockchain technology which allow you to check if the results of the games are random and fair. This way, you can realise that the casino offers fair gaming to its players and the outcomes are not rigged.