Cryptocurrency

Crypto Casinos Are Super Popular: Learn Why

Published

3 years ago

March 25, 2022

Gaspar Incze

Photo credit: unsplash.com

Reading Time: 5 minutes

Cryptocurrency is a type of virtual currency that uses special cryptographic technologies to create and protect it. Cryptocurrency has not been unusual in recent years. A little more than 10 years have passed since the first digital currency appeared. In that time, this type of currency has become close to billions of people. And the number is growing relentlessly. Moreover, the leaders of many countries have taken notice of its investment potential. Nowadays, crypto can be used to buy various goods, pay restaurant bills, transfer as payment for services rendered and much more.

The logical outcome is the introduction of cryptocurrency into online casinos. Especially, no KYC online casinos have appreciated this new payment method, and, as you can learn from casino-howto, there are quite a few of them on the market. So to speak, its use as a payment instrument has become a major iGaming trend. Players are attracted by the decentralised nature of the currency, its security, independence from state authorities and absolute anonymity. All of these things combine to give the kind of comfort that each of us needs. All crypto casinos can be conventionally divided into two types. The first is a full-fledged digital casino. In such an institution, financial transactions are carried out only with digital “money”. The second option is called a hybrid option. It offers payments in both fiat and digital currencies.

Cryptocurrencies provide a high level of anonymity

As soon as cryptocurrency became widely known, many players started to choose blockchain casinos. It is 100% anonymity that attracts users from different parts of the world to place bets. Every time another transaction takes place between crypto wallets, players are assured of its confidentiality. No regulatory authority can trace the financial flows of every single taxpayer in their country. Yes, it is possible to track where virtual funds are being spent from a wallet linked to a specific individual if desired. But, firstly, this does not reveal the full identity of the individual in question. Secondly, in the absence of advanced technical knowledge in this area, it is impossible to conduct such research.

For added anonymity, bitcoin casinos often offer the fastest possible registration. If you come across a casino on the Internet that requires a user name, email and password in order to create a wallet, you are a typical casino that welcomes players to remain anonymous. Some operators are even more loyal to this procedure. There are casinos where you can create an account with just one click. But even that is not all. Some providers use innovative solutions even in the area of registration. In particular, one can come across websites that create a pre-account. In order to turn it into an account, you have to provide a system-generated username and, for example, an email.

Another positive thing about crypto casinos is that there is no or minimal verification. This attractive quality is still fundamental for those who do not accept the disclosure of their identity within the World Wide Web. To play games from the operator’s library, you don’t have to upload documents, enter data, or wait for a response from the institution’s administration regarding the result of verification. Register, make a deposit in cryptocurrency and play. Great! This trend is true for cryptocurrency customers in a regular online casino as well. There are situations where the terms of use of the site do provide for a verification process. It is required in exceptional cases. This refers to cases where the administration suspects the customer of carrying out fraudulent activities.

Deposits and withdrawals are much faster

The crypto casino in terms of payments is based on the use of a unique program. Certain actions are embedded in it. They are activated when the conditions set out in the smart contract are met. These very conditions must be clearly stated. In simple terms, the obligations of the two parties to the contract are fulfilled according to the formula “If…then…”. In fact, it turns out that in the case of winning, this amount is transferred to the crypto wallet automatically. Interference from intermediaries and banks is eliminated in the process of such transfers. Due to this, the waiting time for funds is reduced from 3-7 days (as often happens when using conventional payment systems) to a few minutes. Another advantage of using cryptocurrency is low or no commissions. And don’t forget that the blockchain is designed in such a way that no operator has the ability to limit the deposit amount.

The speed of transactions, surprising as it may sound, is influenced by the name of the cryptocurrency. The slowest transfers occur when using Bitcoin. It is the most expensive, the most popular and the slowest currency. In terms of rationality, Bitcoin is not the best choice among cryptocurrency currencies. Sometimes it can take up to a day to receive funds. The second most popular bitcoin currency is Ethereum. Even during the busiest times of the blockchain, money arrives in the wallet within half an hour. During the system’s ‘down time’, you can talk about a few minutes to complete a transaction. This is a very nice thing to have. But there is one “but” – the amount of commission can vary. Sometimes they are quite large. And another one of the most popular currencies is Litecoin. This is the currency that I am willing to advise you on. It delights with very fast transfers – up to a few minutes with low commissions. It is exactly what you need for instant deposits and withdrawals.

Crypto casinos are the future. The stifling of the full transition to the digital world is largely due to the fear of the unknown for many players. It only takes one crypto transaction to understand its simplicity. In this case, instructions and schemes published in the information section of the casino’s website can help. All you have to do to make a transaction is provide your wallet address, transfer amount and authentication key. Gaming clubs that offer cryptocurrency payments have controls over any financial transactions. Whether it is betting history, amounts, winnings or any other monetary activity, it is impossible to fake this information. Accordingly, you can always be sure that the casino will not cheat you.

Much more games are available at crypto casinos

While there is a difference between blockchain and classic slots when it comes to payments and anonymity, the gaming part is no different. Bitcoin casinos offer an equally impressive selection of slots, table and card games, video poker, craps and craps. This suggests that along with all the benefits of using cryptocurrency, you get access to a wide gaming library. What’s more, some venues offer such a large selection of games that many traditional casinos can’t boast. For example, one of the largest gambling sites, 7BitCasino, has over 5,000 titles to offer. Most of them accept bets in cryptocurrencies. Thus, video slots with cryptocurrency support are offered in more than 1,000 models, table games (roulette, blackjack, baccarat, Sic bo) based on RNG, other models (bingo, scratch cards, wheel of fortune, etc.) several hundred more.

So why does the number of bitcoin games continue to grow? The answer is obvious – the potential of the digital currency is visible not only to operators but also to the providers themselves. More and more studios are adapting their developments for blockchain, which means that their selection is also growing. For example, the number of rooms where real croupiers accept bets, including in bitcoin, has grown significantly recently. Crypto-gaming is characterised not only by a large number but also by diversity. A variety of plots, the use of innovative techniques and variations of game types.

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Cryptocurrency

Rainbet Launches New Crypto Casino for Both New and Experienced Players

Published

3 days ago

November 12, 2024

Adrienn Sarkany

Reading Time: 2 minutes

Rainbet is excited to announce the launch of its new online crypto casino that has been expertly designed to cater to both new and experienced players. With a range of new and exciting casino games and classics, such as online slots, roulette, and blackjack, Rainbet provides an unforgettable betting experience.

Crypto casinos are online platforms where players can place bets with cryptocurrencies like Bitcoin and Ethereum. Unlike regular casinos, online crypto casinos offer instant transactions that are much faster than conventional banking methods. Rainbet uses blockchain technology to guarantee the highest security for its players and, through its combination of speed, diverse game catalog, and reliable transactions, delivers an engaging gaming platform.

With a commitment to offering the best user experience, Rainbet ensures safe online practices and a fair and transparent gaming experience for all its players. “Rainbet is a safe and legitimate platform, with games created using a provably fair system,” said a spokesperson for the online casino. “This ensures that all games are fair and transparent, reinforcing player trust and confidence in the platform.”

Whether players are searching for classic casino games, such as online slots, blackjack, baccarat, and roulette, or are interested in eSports and live sports betting, Rainbet offers a diverse selection of the latest games with industry-leading technology and graphics.

Rainbet provides a comprehensive gambling experience that places a focus on fairness and legitimacy by adhering to rigorous standards and using advanced technology. This approach is highlighted in the online casinos’ easy and hassle-free deposits that enable players to confidently deposit real money to receive Rainbet currency, as well as the platform’s seamless and secure withdrawals.

Additionally, the crypto casino boasts an extensive array of online promotions and bonuses that are available across the platform’s most popular games. Rainbet also has a weekly 10% rakeback, which rewards players by returning part of their losses, reducing losses, and extending playtime.

“Compared to online Bitcoin casinos, Rainbet has more to offer, such as more games and exclusive promotions to make gambling more exciting. With daily, weekly, and monthly bonuses, players always have something extra to look forward to. These promotions, combined with an easy-to-navigate interface and a wide range of games, make Rainbet a top choice for crypto gamblers,” furthered a spokesperson for Rainbet.

Rainbet invites both new and experienced players to visit its website today to view its full catalog of games and the latest promotions.

Cryptocurrency

Kyrrex to host online panel discussion on MiCA and the future of crypto in Europe

Published

4 days ago

November 11, 2024

George Miller

Kyrrex to host online panel discussion on MiCA and the future of crypto in Europe

Reading Time: 2 minutes

As the European crypto community prepares for the implementation of the MiCA, Kyrrex is organizing an online X panel to discuss the potential impact and future trajectory of the industry under this new regulatory framework.

The panel “Is MiCA that Bad? The Future of Crypto in Europe,” will take place on November 14, 2024, at 12:00 CET on X Spaces.

This event aims to offer an in-depth examination of the challenges and opportunities that MiCA presents, drawing on the expertise of industry leaders and stakeholders.

Key speakers for the discussion include Mike Romanenko and Kevin Plumpton from Kyrrex,

Tomer Warschauer Nuni from Kima Network, Andrea Zapparoli Manzoni from H4ckManac, Thanos Tsavlis from Cyberscope, and Anoop Nannra from Trugard Labs. Their insights will help attendees understand how MiCA may reshape the crypto landscape and what this means for different segments of the market.

“As MiCA ushers in a new regulatory era for the crypto industry, open discussions are crucial for navigating this transition effectively. By bringing together voices from various sectors, we aim to foster a deeper understanding and proactive approach to the opportunities and challenges ahead,” said Mike Romanenko, CVO & co-founder of Kyrrex. “Engaging in conversations like these helps ensure that the community is informed and prepared for the future of crypto in Europe.”

The panel will be structured to encourage interaction and participation, allowing attendees to submit questions and engage in a discussion with the panel. Topics are expected to include compliance, innovation, and strategies for navigating the evolving regulatory environment.

This event offers professionals, enthusiasts, and stakeholders an opportunity to gain a clearer perspective on what lies ahead as MiCA begins to take effect. It will also provide a space for dialogue and knowledge-sharing, fostering a greater understanding of the potential impacts on the crypto sector in Europe.

Panel “Is MiCA that Bad? The Future of Crypto in Europe” details:

Date: November 14, 2024
Time: 12:00 CET
Platform: X Spaces

Cryptocurrency

Armchair Online BV Launches CryptoCasino.com and $CASINO Token to Disrupt Blockchain Betting

Published

1 month ago

October 9, 2024

Adrienn Sarkany

Armchair Online BV Launches CryptoCasino.com and $CASINO Token to Disrupt Blockchain Betting

Reading Time: 3 minutes

Armchair Online BV, an experienced online gaming firm, are ready to revolutionize the world of blockchain gambling with their groundbreaking CryptoCasino .com platform and $CASINO token.

Led by an experienced team that has built multiple successful iGaming operations in the world of sports betting, poker, and affiliate services, CryptoCasino will deliver an unmatched betting experience for crypto users.

A World-Class Crypto Casino

Partnering with the largest gaming studios in the world, CryptoCasino will feature over 6,000 online slots and table games, a live dealer casino, premium sportsbook, eSports betting hub, racebook, and more, all available to be bet on with 25+ of the largest cryptocurrencies in the world.

To cater to the future of crypto betting, the site will allow for both traditional registration and Web3 connectivity. By connecting instantly with wallets such as MetaMask or Trust Wallet, players can seamlessly deposit and withdraw funds within seconds.

With a player-first focus, the site also includes 24/7 live chat support and an industry leading VIP program that offers a wide range of loyalty incentives that reward players on a daily basis.

Set to Be the World’s #1 Telegram Casino

CryptoCasino is catering to the over one billion unique Telegram users by building a Telegram Casino integration that allows anybody to immediately join and begin playing with just one click.

With Telegram gaming growing rapidly, CryptoCasino’s integration with the platform will offer a direct connection to millions of players around the world. The integration will provide the perfect blend of security, seamless connectivity, and social gaming that can rapidly grow into one of the best domains in online gaming today.

The $CASINO Token Offers Benefits to Holders and Players

To complement the launch of the CryptoCasino betting platform, the business is also launching an ERC20 token called $CASINO that will serve as the basis of the ecosystem.

With the $CASINO token sale launching October 15 at token .cryptocasino .com, buyers will be able to purchase their tokens directly from the secure Web3 sale site by connecting their wallets.

There are several benefits to buying and holding $CASINO tokens.

Buy Back and Burn: Each month, 50% of the net profits from CryptoCasino will be used to purchase $CASINO tokens from the open market. They will then be burned, decreasing supply and creating scarcity for the token.

Staking Rewards: Holders will be able to stake their $CASINO tokens each month for an APY up to 10%, allowing them to gain a passive income stream directly through the staking platform found on the site.

Exclusive Player Bonuses and Airdrops: Holders will be able to use their $CASINO tokens on the CryptoCasino platform to receive incentives such as a 200% deposit bonus, 15% cashback on bets made, and much more.

Partnerships with the Best in the Industry

Having grown several iGaming businesses over the past two decades, the CryptoCasino team understands that the key to rapid growth comes from partnerships with trusted names in the online gaming business.

That is why CryptoCasino has partnered with several major names in betting and blockchain including Pragmatic Play, Evolution Gaming, Betby, Oddin.gg, Decubate, Covey, Fireblocks, and others.

As a fully licensed platform under Curacao and Anjouan gaming authorities, the platform will provide the highest level of player safety and security, complying with all regulatory statutes for the best crypto betting experience possible.

$CASINO Token Sale and CryptoCasino Platform Launching Soon

The $CASINO token sale will begin on October 15, with a special VIP round available to those using a password that can be found on the social channels found below. Unrestricted access will be available to all on October 17.

The CryptoCasino .com platform will be launching on November 19th for both the online and Telegram casinos.