Crypto Casinos: Your Need-to-Know Info

Crypto Casinos: Your Need-to-Know Info

Crypto casinos were the pioneers of play-to-earn gaming. They enabled us to reap all of the benefits of using cryptocurrency whilst also enjoying the same standard of game that we’d been used to from regular online casinos. Years after the first crypto casino, the market is bigger than ever, so if you’re a crypto enthusiast who’s also a dab hand at poker, then it pays to understand what the fuss is all about. We’re going to take a look at some of the benefits of using a crypto casino, as well as some pointers on how to use them most effectively.

Crypto Over Fiat Currency

Some people still prefer to use online casinos that only accept Fiat currencies, because they believe there’s no real benefit to playing with crypto instead. In fact, there are a handful of benefits to playing with cryptocurrencies, one of which is the transaction time. Casinos need to verify deposits with your bank when you’re making a payment in fiat currency. This is not the case when you make a payment with crypto, as these currencies are decentralized, meaning a central bank does not need to be contacted and your payments can be made immediately. Your crypto wallet takes a tiny percentage of your deposit as a fee for providing this service, just like a normal bank would, but in a much quicker time frame.

Utilizing Bonuses and Promotions

A tip for all casinos, not just crypto ones, is to make use of bonuses and promotions, particularly when you sign up. The vast majority of casinos offer generous bonuses to new players, so it’s important to make use of them if you can. Crypto casinos tend to offer the largest bonuses, often offering to match your deposit, or even multiply it by several. Once your deposit is in the casino, along with your bonus, you’ll have to wager it a couple of times before you withdraw it. If you manage to wager it all and win then the extra crypto is yours, which is a big bonus.

Bankroll Management

Caption: If you want to keep your bankroll looking healthy then you need to work on strategy

One of the most important tips when playing at a crypto casino is managing your bankroll effectively. Using the bonuses that we’ve already spoken about is a great way to give your bankroll an instant boost, but there are other methods for keeping it looking healthy too. Learning about the strategy of your favorite casino games is imperative if you want to keep a healthy bankroll. If you want to win at slots more often then look for games with a great RTP ratio, as whilst the wins might not be as large as with a volatile slot game, they will come more often. As well as this, research the games that have the lowest house edge, to help stretch your bankroll further. Finally, making yourself a budget and sticking to it will help to stop your bankroll expenses from eating into your other hobbies.

Choosing a Crypto Wallet 

Finally, choosing a crypto wallet that’s compatible with your chosen crypto casino is essential. The vast majority of crypto casinos accept either Ethereum or Bitcoin, which means that all of the major crypto wallets will work with these casinos. However, if you want to bet with a more ‘niche’ cryptocurrency then check out your options before committing to one wallet over another.

 

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