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Ultimate guide to crypto casinos & Top 5 crypto sites

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The ultimate guide to crypto casinos

Cryptocurrency casinos have been an accepted part of the gambling industry for some time. However, they have not received as much attention as other forms of gambling. This is unfortunate because cryptocurrencies are more than just digital assets.

They can also be used to power transactions and make payments more accessible, especially in countries that don’t have access to traditional banking services or cannot afford them. This guide will help you pick out the best crypto casinos for your needs and ensure that you have a great experience playing games at them!

What are Crypto-Casinos?

Crypto-casinos are online gambling platforms that accept cryptocurrencies as a form of payment. These platforms offer a selection of games and tournaments, including slots, poker and sports betting. They allow players to deposit funds into their accounts using digital currencies such as Bitcoin and Ethereum.

Crypto-casinos use smart contracts to ensure that all transactions are secure and transparent. The casino’s website features an interface where players can place bets and view the game results without downloading any software onto their computers or mobile devices.

Is it legal?

Before we get into the nitty-gritty of crypto casinos, let’s take a look at one of the first questions you might be asking yourself: is it legal?

Cryptocurrency casinos are legal in most countries. They have been around since at least 2013 and haven’t shown any signs of going anywhere anytime soon. However, some countries have banned cryptocurrency altogether, and some are taking their time to decide if they want to ban or regulate it.

TOP 5 Crypto Casinos right now

When choosing a casino, it’s essential to make sure that the security measures are reasonable and that the games are not too complicated. Crypto casinos should be available in app format so that you can play comfortably from anywhere. You should also check if there is any age restriction for customers of crypto casinos.

Empire.io

Empire.io is a digital currency casino that provides a wide range of games, including slots, table games, video poker and live casino games. The site is available in English, Russian, German, Spanish and French.

The platform has been around since 2011, when it was launched by the same people who created Betway Casino and William Hill Casino UK before them, which makes it one of the oldest online casinos in Europe, with millions of players already having played at Empire Online over their years of operation. This means that this brand name has plenty of experience, so you know what to expect from your experience here!

Empire Online also offers its customers other benefits like 24/7 customer support service via phone calls or email addresses, ensuring that you can get any questions answered quickly whenever they arise during your stay here at this website!

7Bit Casino

7Bit Casino is a casino that you can trust. They offer a variety of games, including roulette and blackjack. The bonuses at 7Bit Casino are great: they have a casino bonus of up to $1000 and also offer a deposit bonus worth up to 100%.

7Bit Casino has been around for many years, so they have a lot of experience in the industry. Their customer support is friendly and efficient.

The games at 7Bit Casino are very well made, especially for a casino that’s been around for so long. The graphics are great, and the sound effects are also good – you can really get immersed in the game! It’s an enjoyable place to play, especially if you enjoy classic casino games like roulette and blackjack.

Fortune Jack

FortuneJack Casino is a new crypto casino that offers gaming in BTC, ETH, BCH, LTC and XRP. It has a wide range of games, including slots, roulette and blackjack.

Fortune Jack offers a 100% first deposit bonus of up to 1 BTC on all deposits over $10 (not including the amount of your first deposit). The bonus can be claimed by using the link provided in their welcome email or through any other method they may have specified in their terms & conditions.

The casino also offers a no-deposit bonus of up to 1 BTC when you register an account. The no-deposit bonus can be claimed by following the link provided in their welcome email or through any other method they may have specified in their terms & conditions.

Stake.com

Stake.com is a crypto casino, sportsbook and poker room that’s been around since 2013. It’s licensed in Curacao and has a good reputation for fair play and security.

Stake.com offers a wide range of games, from blackjack to roulette to video poker, with the option to bet on sports events, such as baseball or football (American or European). You can also play poker using your cryptocurrencies at stakecasino.com

As well as using traditional currencies such as euros or dollars, Stake.com offers a secure and easy-to-navigate website, with loads of information about the games available and good customer support should you need it. You can play in your browser on any device or download the app for iOS or Android devices too.

Rich Palms Casino

RichPalms Casino is a Bitcoin casino, which means you can play here for free or using Bitcoin. The casino also accepts other cryptocurrencies, such as Ethereum and Litecoin.

The game selection at Rich Palms Casino is good but not great. There are over 200 different types of slot games available on the site, but many of them are old-school titles that have been around since the dawn of gaming (e.g., Wheel Of Fortune). However, there are some newer options like Cryptologic and Castle Builder slots as well as live dealer blackjack tables where you can play against an actual dealer instead of just clicking buttons on your computer screen like at most online casinos out there today!

Rich Palms Casino offers bonuses for all players who sign up with them through their website or app download page (there’s even one dedicated exclusively towards mobile users). These bonuses range from $5-$1000 depending on how much money you deposit into your account when signing up—and if those deposits happen within 24 hours after opening the account, then they’ll double too! This means lots more fun while saving money at Rich Palms Casino since they offer great deals throughout their entire system.

How do crypto casinos work?

Crypto casinos work just like traditional casinos. They offer games like slots, roulette, blackjack and baccarat to players across the world who want to play with cryptocurrency or fiat money. You can play from anywhere in the world and withdraw your winnings in crypto or fiat.

Crypto casinos are also easy to use as they have been designed for this purpose. The website will guide you through the registration process so that you can start playing instantly after signing up with them.

You will not have to download any software or apps, as everything is done through your browser. It is important to remember that you can only play at a casino if the government has licensed it in the jurisdiction where it operates.

Crypto casinos are regulated and licensed by their respective jurisdictions. They also have to prove their financial stability, which means that they are not a scam and will pay you if you win. The information about the casino is available on its website or other social media channels for you to check before playing there.

The advantages of gambling with cryptos

There are many advantages to using cryptocurrencies for gambling. First, you don’t need to provide any personal details when registering at an online casino. This means that you can create a new account without giving away your real name and address—something that may be difficult if people know who you are or where you live.

Secondly, there’s no need for bank fees when withdrawing money from crypto casinos since these sites use peer-to-peer network technology instead of traditional banking systems like Visa and Mastercard (which means less overhead).

Thirdly, there aren’t any regulations surrounding cryptocurrencies like other types of currency have, with regard to how much can be withdrawn each time or how long it takes before winnings are paid out. Instead, it depends entirely upon the policies set by each site operator.

That’s it! If you already have an account with one of the websites mentioned above, then all you’ll need is your login details—no need for another email or password here.

And if there is any doubt about who owns the account, that’s okay too. Crypto casinos don’t care where in the world an individual lives as long as they’re over 18 years old–and we mean literally anywhere on Earth. So if someone were considering relocating somewhere far away but still wanted to keep playing at their favorite online casino, no problem! They’d just need access to the internet where ever they go (which should be no issue since most people carry smartphones nowadays).

What are the drawbacks?

There are some drawbacks to crypto casinos, but it’s important to remember that they’re all part of the learning curve.

  • Crypto casinos have a smaller selection of games. While you’ll find many of your favorite casino games on these sites, there will be less variety than at traditional online or land-based casinos.
  • You can’t use fiat currency (USD). Since cryptocurrencies are hard for people to understand and use, most crypto casinos only accept Bitcoin and other popular cryptos like Ethereum and Litecoin as currency. If you haven’t already set up an account with one of these wallets, now would be an excellent time to get started!
  • The risk factor is higher than using traditional online or land-based payment methods because cryptocurrency is so new and volatile in value compared with more conventional currencies like USD or Euros. This means that if the value suddenly goes down while you’re playing a game at an online casino site offering payouts in cryptocurrency (like Bitcoin), then it may not be worth much by the time they process your withdrawal request—which could take weeks depending on how busy their service team is managing requests from other customers too.

How to withdraw from crypto casinos?

Withdrawal from crypto casinos is a simple process that many different methods can perform. You will need first to deposit funds into your account, then use those funds to play at the casino until you decide it’s time for you to withdraw the winnings.

The most common way of withdrawing from crypto casinos is through fiat currency payments, which means that you need to send your winnings directly from your bank account or credit card to another one (in this case, XRP). However, there are other options as well: Bitcoin and Ethereum transactions are also supported by some platforms, but not all of them have these two currencies on their list yet!

For example: if we want our initial investment back after playing at CryptoSlots, then we should deposit our crypto tokens into their system before they hit their maximum amount limit set by law enforcement agencies around the world (usually 20 BTC per player). Once this step is done, everything else should fall into place automatically so long as nothing unexpected happens along the way.”

If you want to withdraw XRP from CryptoSlots, then you need to have an account with a cryptocurrency exchange platform that accepts them as deposits (like Binance). Once this is done, you can send your XRP funds to the casino’s wallet address and receive your winnings in fiat currency form.

Are there any deposit or withdrawal fees?

Depositing money into your crypto casino account is probably the most common way to play games. While some casinos make this process straightforward, others require you to go through a few more steps.

Depending on the site, there may be a small deposit fee for each transaction you make (typically around 0.5% of your deposit amount). If so, that means when you send funds from an exchange to your casino wallet, it’s counted as one transaction, even if there are multiple coins involved in the transfer.

For example: If you send $10 worth of BTC and receive 20 ETH at the same time on an exchange like Coinbase Pro or Binance—and then send those two coins to a casino—it will charge just one fee instead of two separate ones for those transactions because they technically happened at once during that initial deposit process (this is why we recommend using only cryptocurrency exchanges that have direct fiat-to-crypto pairings such as Coinbase Pro).

You might also see some casinos mention something called “maker” or “taker” fees in their terms and conditions; these terms refer respectively to parties buying or selling Bitcoin pairs on exchanges but doesn’t necessarily relate directly back to how much less or more expensive it is for players who use those platforms versus those who don’t trade regularly enough within them yet still want access via other services like Coinbase Pro/Binance.

Crypto wallets for gambling

A cryptocurrency wallet is a digital storage device that allows users to send and receive cryptocurrencies as well as store them.

Crypto wallets are software programs that connect directly with the blockchain network and allow you to manage your assets in one place. They can be downloaded on your computer, phone or tablet, making them easy-to-use tools for both beginners and experts alike.

There are several different types of crypto wallets out there: hot wallet (publicly accessible), cold storage (private keys stored offline) & hardware devices such as Ledger Nano S & Trezor One, which provide added security through dual-factor authentication with biometric scanners etc.

Hot wallets are the most straightforward and convenient type of wallet. They allow you to access your funds instantly, but they also put your currency at risk. Hot wallets are connected directly to the internet, meaning that if someone hacks into the network or steals your login credentials, they could instantly steal all of your coins. To avoid this scenario, many people like to store some of their cryptocurrency in cold storage (a private key stored offline).

Bonuses at crypto casinos

Bonuses at crypto casinos are significant because they are a reward for the players. The casino gives away bonuses to attract new players and make them play their games more often. There can be different bonuses, such as free spins, no deposit bonuses, reload bonuses, etc.

The most common type of bonus is referred to as Free Spins: You get 100% up to 100 coins on your first deposit! This way, you get an instant 100% welcome bonus which is great for beginners but also for experienced players who want to try out new games without risking too much money at once.

Conclusion

Crypto casinos are a great way to enjoy your favorite casino games while also getting in on the action of the cryptocurrency. Using these sites is easy, and they offer some of the best odds in online gambling. We hope this guide has given you all the information needed to make an informed decision about which crypto casino is right for you!

Bitcoin

Navigating Bitcoin’s Impact: SOFTSWISS’ iGaming Industry Overview

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In March 2024, Bitcoin soared to a historical high, nearing 70,000 euro per coin. How does this impact the iGaming market? Being a tech company with over 15 years of experience and an innovator in crypto iGaming software development, SOFTSWISS shares anticipations in its quarterly crypto analysis.

Over 220 brands powered by the company engaged in crypto transactions during the first quarter of 2024, which is 12% higher than the previous quarter. SOFTSWISS experts analyse the data gathered from crypto-friendly brands by employing extrapolation, comparative, and correlative analysis.

 

iGaming Market Overview: Unveiling Anticipated Growth

The size of the global online gambling and sports betting industry is expected to rise significantly and exceed 170 billion euro by 2032, according to Statista. Based on SOFTSWISS data, the iGaming market has demonstrated a stable pattern of growth year after year.

In absolute terms in euro, the Total Bet Sum grew by 5.8% in the first quarter of the year compared to the last quarter of 2023. Analysing the year-on-year increase, comparing Q1’24 with Q1’23, the growth is more impressive, showcasing a 47.2% boost.

Simultaneously, the Total Bet Count, both fiat and crypto, displayed a slightly larger gain in the first quarter of 2024 compared to the previous quarter, surpassing 6.1%. The indicator’s year-on-year boost is much more notable, revealing a 57.2% increase.

The popularity of iGaming in recent years has been fuelled by its global reach and accessibility due to constant technological advancements. On one hand, the quality of internet connectivity continues to rise, while on the other, new payment methods are emerging, simplifying payment procedures.

The in-depth quarterly analysis, ongoing since the beginning of 2022, reveals that fiat bets are undergoing more substantial growth compared to crypto bets. In Q1’24, the Fiat Bet Sum increased by 6.9% compared to Q4’23, while the rise of Crypto Bet Sum was at 2.4%.

 

The more active growth of fiat bets led to a slight decrease in the share of crypto. In the first quarter of 2024, the crypto share in the Total Bets Sum settled at 24.4%, decreasing by 0.8 percentage points (p.p) compared to the last quarter of 2023.

 

What is the State of Crypto in iGaming?

Analysing crypto bets, it is crucial to highlight that almost 93% of them are facilitated through the in-game currency conversion tool, which is gaining traction. This mechanism allows operators to engage players with cryptocurrency assets in games initially tailored for fiat only. Operators that adopt such options are gaining more competitive advantages in the market.

While the Q1’2024 Crypto Bet Sum shows a moderate 2.4% growth compared to the previous quarter, the year-on-year analysis demonstrates a 20.8% increase. The Crypto Bet Count remained unchanged in Q1’24 compared to the previous quarter’s indicator. Simultaneously, the metric increased by 21.3% year-on-year. The figures speak volumes, showcasing a consistent interest among players in crypto gaming.

“The lack of a substantial increase in the number of crypto bets during Q1’24 can be partly attributed to the significant rise of the Bitcoin exchange rate during this period, leading players to be more cautious with their crypto bets.  This trend mirrors the situation in the first quarter of the previous year when the Bitcoin exchange rate surged following a decline at the end of 2022,” comments Vitali Matsukevich, Chief Operating Officer at SOFTSWISS.

 

What Distinguishes the Average Crypto Bet?

The average crypto bet increased to 1.71 euro in the first quarter of the year from 1.66 euro in the last quarter of 2023. This growth correlates with a significant strengthening of the Bitcoin rate during the first quarter of 2024.

The average fiat bet remained steady at around 0.81 euro in Q1’24 and Q4’23. The average total bet stayed constant since the second half of the previous year and is equal to 0.93 euro.

 

Notably, the average crypto bet is double that of fiat. This indicates that digital currencies are preferred by higher-income players.


Why Did Bitcoin’s Share Drop?

The Top Five most operated digital coins in iGaming have remained stable during the last two years with minor changes in ranking order. The top still includes Bitcoin, Ethereum, Litecoin, Dogecoin, and Tether.

 

In Q1 2024, Bitcoin experienced a significant decline of 9.4 p.p. compared to Q4 2023. This could be attributed to the bolstering Bitcoin exchange rate and players exercising a more cautious approach towards it.

In contrast, the shares of other digital coins have increased. Ethereum and Litecoin showed growth of 4.0 p.p. and 3.8 p.p., respectively, during the same period. Simultaneously, Dogecoin rose to fourth place in the ranking, leaving Tether behind.

Vitali Matsukevich, Chief Operating Officer at SOFTSWISS, summarises: “The benefits of employing digital currencies, such as fast transactions and anonymity, still attract many players. Embracing cryptocurrencies in iGaming can boost operator profits despite their volatile nature.

As the Bitcoin rate is expected to strengthen after the Bitcoin Halving, the average crypto bet and projected gains may see a notable impact. During such promising times, it is crucial to have reliable and experienced partners to navigate the path to success.”

 

About SOFTSWISS

SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland, and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform, and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.

 

 

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Cryptocurrency

CryptoSlots Celebrates 6th Birthday with VIP Bonuses and New Games

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In honour of its 6th Birthday, this month, CryptoSlots, a trailblazer in crypto gaming, is marking the occasion with the introduction of new games, generous bonuses for all players, and complimentary tokens for the thrilling $1 million Jackpot Trigger game, adding extra excitement to the celebration.

CryptoSlots has achieved several milestones over the past year. This includes the launch of over 20 new games such as Chinatown High Limit, Bank Bust, Pawsome, Twin Wins, and Forest Fairy Fortune, expanding their unique gaming portfolio for players worldwide.

While the last $1 million Jackpot Trigger prize was claimed in 2022, the crypto casino recently celebrated a significant win as player WHAMZY09 scooped $200,000, securing two $100,000 prizes in a single game on April 18. This highlights the continued excitement and potential for substantial winnings on CryptoSlots.

Additionally, CryptoSlots has seen impressive payouts in its Crypto Lotto, with the highest recorded payout reaching $17,428, demonstrating the rewarding nature of its lottery offerings.

Furthermore, the crypto-only casino has made strides in the metaverse by launching a Virtual Showroom with Monthly Rewards in Decentraland, a virtual social world built on blockchain technology. This move allows CryptoSlots to engage with players in innovative ways, offering unique experiences and rewards within the Decentraland universe.

CryptoSlots manager, Michael Hilary commented: “We are thrilled about the future and the boundless opportunities that cryptocurrencies offer. As the landscape of digital currencies continues to evolve, we envision a future where cryptocurrencies revolutionize not just the gaming industry, but every aspect of finance and commerce. With innovation at our core, CryptoSlots is poised to lead the charge into this exciting future.”

“With its presence in Decentraland, CryptoSlots aims to enhance player engagement and offer a novel gaming experience that aligns with the evolving landscape of online entertainment,” continued Hilary.

This month CryptoSlots releases Shadow of the Tomb, an electrifying 6×4 Tomb Raider-inspired slot. Players are plunged into a world filled with ancient relics and treasures where they can win up to 5000x their bet and unearth haunting riches!

Later this month, get ready to embark on an adventure through the untamed wilderness of Alaska with the relaunch of the Wild Alaska slot, boasting enhanced graphics.

At CryptoSlots, transactions for deposits and withdrawals are solely conducted through cryptocurrency. Boasting dozens of provably fair slots, the platform continuously introduces new games. Players accrue tokens for the $1 million Jackpot Trigger slot and receive complimentary tickets for the monthly $10,000+ Crypto Lotto each time they engage in gameplay.

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Cryptocurrency

TG.Casino Signs Partnership with AC Milan

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AC Milan and TG.Casino announced a new partnership, which sees the crypto casino platform become the Official Regional iGaming Partner of the Rossoneri in Europe.

This new collaboration between two frontrunners in their own fields offers a great opportunity to create something new and innovative. This partnership demonstrates the platform’s intent to take on and beat the iGaming competition to become the ultimate destination for all ambitious players. The deal catapults TG.Casino into the top ranks of GameFi by bringing the brand into the living rooms and onto the mobiles of tens of millions of consumers all over Europe.

Through this new partnership, $TGC token holders will have the chance to win lots of experiences offered by the Rossoneri club. From visits to the Milanello training centre to winning official AC Milan jerseys and VIP access at the San Siro stadium, football fans will have the chance to enjoy unique and exclusive experiences.

The new partnership provides AC Milan with a new fan engagement tool, creating bespoke experiences, which aim to give them more access, and bring them even closer to their beloved Club.

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