Top Three Best Crypto Casinos

From the inception of Bitcoin in 2009, the number of cryptocurrencies in the world has steadily grown and proliferated, until there are now more than 1,800 digital currencies recognised globally. Whilst Bitcoin still remains the best known of these, other alt-coins like Ethereum, Litecoin (LTC), Ripple and Dogecoin have gained significant market share.

Cryptocurrencies are fully deregulated, meaning that they are free from government control or manipulation, unlike traditional means of payment like cash, bank transfer or credit card.

For online casinos, cryptocurrencies offer a number of advantages.

In the first they eliminate the possibility of fraud. Unlike a credit card which allows chargebacks, or a payment gateway like PayPal, where accounts can be frozen, once a payment has been made it cannot be reversed. They also facilitate fast and easy payment. All a player needs is the wallet address of the casino, and funds can be transferred to them almost instantaneously. There is no paperwork to be filled out, or web forms which need to be completed. Transactions are also secure because only the wallet holder can make transfers in or out of them.

In addition, unlike those dealing with fiat currencies, there are no licencing requirements. Casinos may still want to go through the process of obtain a licence as a means of engendering customer trust, but there is no obligation for them to do so.

Arguably also those casinos who do offer cryptocurrencies as a means of payment have “first mover” advantage and have relatively little competition. The use of cryptocurrencies is still relatively limited, with less than 15% of them accepting Bitcoin at present. Those prepared to embrace the change stand to reap a potentially large benefit.

Suomikasino24 is a website dedicated to online casinos, providing information about their services, and providing reviews, as well as details on bonuses, promotions and special offers. They also list which online casinos currently accept cryptocurrencies, with the top three best ones being:

1. King Billy Casino

Established in 2017, King Billy Casino accepts both fiat and crypto currencies.

Advantages:

• Players who want to use cryptocurrencies have a choice of more than 900 slot games, as well as a selection of table games, including a live casino;

• Apart from Bitcoin, it also accepts other alt-coins like Ethereum, LTC, Bitcoin Cash and Tether;

• The website is available in multiple languages;

• It offers an attractive range of bonuses and special offers.

2. Stake Casino

Founded in 2017, Stake Casino uses only Bitcoin as a method of payment.

Advantages:

• It offers a range of popular games, like Blackjack, Diamond Poker, Keno and Baccarat;

• Whilst it does not offer bonuses, players instead get the chance to share in a Bitcoin faucet, where they are given a number of coins as an award;

• Quick pay-outs. Once a withdrawal has been processed and checked, the rightful owner will get their coins as soon as the blockchain confirms the transaction;

• They offer 24/7 customer service with staff that are knowledgeable and friendly.

3. 1Xbet

1xbet, which is licensed and regulated by the Curaçao gaming authority is an online casino which features software from a large number of gaming companies.

Advantages

• It accepts an extensive number of cryptocurrencies without charging commission and allows withdrawals in the same currency as the original deposit;

• A wide variety of games and slots are available, and there is also a live casino;

• The casino can be accessed on a wide variety of portable devices, including smartphone;

• Their website is secured with SSL (Secured Sockets Layer) encryption.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes