To the untrained eye, crypto casinos may seem like regular online casinos. While this is true to some extent, there are key differences between the two. One major difference is how crypto casinos offer privacy. We will take a closer look at this aspect here.

What are the main differences between crypto casinos and normal online casinos?

One main difference between a crypto casino and a normal online casino is payment methods. A regular online casino accepts fiat currencies like Pound Sterling, US dollars, Euros, and more. They also accept traditional payment methods, such as credit/debit cards, digital wallets (eWallets), prepaid cards, and bank transfers. In contrast, crypto casinos offer privacy by accepting blockchain payments and cryptocurrencies.

Crypto casinos also usually accept one or more of these fiat currencies and payment methods, but they also accept blockchain payments and one or more cryptocurrencies.

On today’s best crypto-accepting online casinos, players can often top up their accounts or cash out their winnings using the following legitimate cryptos:

• Bitcoin (BTC)
• Ethereum (ETH)
• Litecoin (LTC)
• Tether (USDT)
• DogeCoin (DOGE)

Many also now accept Solana (SOL), Binance Coin (BNB), Bitcoin Cash (BCH), Ripple (XRP), Cardano (ADA), Avalanche (AVAX), Tron (TRX), and various others. Some crypto casinos may only accept one to three cryptos, and others might accept 20 to 30 or more. Each site is different.

What else makes crypto casinos different from normal ones?

At most fully licensed and regulated online casinos, players must complete the KYC (Know Your Customer) verification process. This ensures full access to the website’s features, products, and services.

However, at crypto casinos like those on the NoKYC.com iGaming review site, the KYC process is not required.

This means you won’t have to scan and submit proof of address or identification documents like utility bills, bank statements, passports, or driver’s licenses.

At regular online casinos, temporary restrictions are placed on your account until documents are verified. This process can take from a few hours to 48 hours, during which time you can’t withdraw your winnings.

The goal of the KYC process is to prevent underage gambling, fraud, and misuse of bonuses, including the creation of multiple accounts.

How are crypto casinos helping revolutionise the iGaming industry?

Crypto casinos are helping to shape the iGaming industry in more ways than one. For example, they are helping safeguard the essence of online freedom due to the nature of blockchain technology and cryptocurrency transactions.

Crypto casinos offer complete privacy and anonymity, unlike normal online casinos. No governments or central banks interfere, and payments are quicker and protected by even higher levels of SSL encryption.

No credit or debit card or other sensitive banking details/personal information is required, and crypto transactions often come with little or no fees attached.

Crypto casinos have made online casinos more accessible than ever to players across the globe who sometimes find it hard to play at online casinos due to local/international gambling laws.

Also, as well as having thousands of normal/regular online casino games, such as computer-generated slots, table & card games, slingo, bingo & lottery-style games, instant win/specialty games, video poker, scratchies, and crash games, and highly sophisticated live dealer games, many crypto casinos also have provably fair games, where the outcomes are verifiable by players. In addition, crypto casinos offer privacy, ensuring that players can enjoy these games without compromising their personal information.