While all this is true, it’s not the only reason why online gambling establishments have climbed aboard the crypto bandwagon. Thereafter, it didn’t take long for the players themselves to pick up on all the advantages of crypto gambling. The advantages that Bitcoin (and other altcoins) bring to both casinos and players means that crypto has become a staple in the gambling industry. This means that gamblers transacting with crypto have the advantage of complete anonymity and total privacy. In recent years, the original Bitcoin casinos (that we’ve come to know and love) have taken newer cryptocurrencies on board, broadening their scope to cater to a wider range of player preferences. Below, we’ve compiled a list of our favourite crypto casinos to grace the online gambling space. While we’ve spoken about tapping into sizable bonuses, let’s take a look at the sizable wins that have been recorded over the past few years.
Bitcoin hit record highs at over 60,000 USD in both February and April 2021, due to events involving Tesla and Coinbase, respectively displaying epic return on investment. Over the last decade, we have seen thousands of new cryptocurrencies (known as ‘altcoins’) surge in popularity, many of which have been taken onboard by existing online gambling establishments. That’s why we are constantly keeping our eyes open for new developments in the scene, so you can get the most out of gambling with crypto. At the end of the day, that’s what technological progress is all about, right? At the end of the day, cryptocurrencies aren’t going anywhere any time soon. Immersing themselves in Troll Hunters, their 0.16 BTC (worth roughly $5,400 at the time of writing) bet won a whopping 160 BTC prize ($5,430,080). While most players would’ve called it a day and cashed out, this confident player went on to win another 56 BTC making their total winnings that session equate to 216 BTC – an incredible 1,340% gain! Trying their luck on Monopoly Live, they turned their 13 mBTC bet into an 18.93 BTC win! In March 2017, a very lucky and equally confident player made off with a very impressive win.
At the time of writing that equates to a roughly $440 bet turning into a $642,450 win. Whether you prefer to play with Bitcoin or any other of the 10,000 cryptocurrencies out there, as the world moves into a more digital space it’s only a matter of time before (widely accepted) currencies become digital too. One player hit the jackpot when they lucked out on a 0.32 ETH (worth roughly $730 at the time of writing) bet and walked away with 400 ETH (just under $920,000). Playing on Money Train 2, one lucky player hit a 6,883x after placing a €10 equivalent in USDT bet. Playing at crypto casinos can often grant you access to not only a wider range of deposits, but more sizable ones too. On top of that, you’re cutting out the transaction costs, allowing you to enjoy more bang for your buck. Now that you know a little more about the crypto casino hype, choose your favourite brand and start reaping the benefits. If you know your online casinos, you might have noticed that the casinos embracing crypto are also usually the spots with the best bonuses. See some of the best casino promotions available this week.
From provably fair games, to complete anonymity, low transaction fees, instant payments and ever-growing jackpots, Bitcoin casino brands soon became legendary. You’ll find that pretty much all crypto casinos use something like Random Number Generators, Hashing or Random Seed Generation that allows players to verify each transaction that takes place on its site. This is because digital currencies like Bitcoin use a cryptographic algorithm (using blockchain technology) that is very difficult to decode or hack. Provably fair technology is totally unique to crypto gambling. Overall, the crypto gambling landscape looks pretty damn exciting. Sending crypto for deposits and withdrawals incur significantly lower fees than sending fiat money across borders. Apart from keeping your personal information secure, crypto-based transactions tend to have incredibly low (or totally negligible) fees attached. At the same time, we have seen brand new online casinos dive headfirst into the crypto game, accepting a host of novel cryptocurrencies from the moment they open their digital doors. Ever since the genesis of Bitcoin in 2009, cryptocurrencies have had a firm impact on the world of online transactions.