People who are sceptical about the whole idea of cryptocurrency often ask ‘what is the use of cryptocurrency?’, ‘how can you buy with cryptocurrency’ or ‘can you gamble with cryptocurrency?’ All of these questions, especially the last one, are now answered thanks to how society adopted this form of digital currency.
With gambling, the first thing that comes into mind is the idea and setting of land-based casinos. This is the traditional way of thinking since brick and mortar casinos are what made the gambling scene that it is today. However, the rise of technology also allowed the casino scene to expand into the online world
Another advancement you need to know in this field is the emergence of crypto gambling. If you want to know more about it, continue reading this article.
What is crypto gambling?
Crypto gambling is an avenue where you wager using cryptocurrencies such as Bitcoin, Ethereum or Dogecoin instead of fiat currencies. This means all your bets and game credits rely on your chosen digital currency, and you cannot play without them.
A crash course on cryptocurrency, blockchain and decentralisation.
For beginners, cryptocurrency is a digital currency that thrives and functions in blockchain technology, a decentralised ledger containing transactions. Each transaction is present in a block, which is encrypted to prevent anyone from modifying it. With the blockchain being decentralised, there is no governing body or a single entity that has sole control over any digital currency. With that said, the blockchain is supported by numerous participants or nodes within the network.
What do crypto casinos look like?
Crypto casinos have a similar look and feel to fiat online casinos. There are gambling games, daily rewards and monthly bonuses present that will keep you entertained. The only difference between the two lies in the type of currency used for wagering. In the case of crypto casinos, you are betting with crypto. However, some online casino sites support both crypto and fiat currency.
How does crypto gambling work?
Crypto gambling sites have a straightforward interface. It has two modes, which are the demo and real modes. The former allows you to test the game and play without spending anything, while the latter requires you to bet with cryptocurrency.
Before you can start playing in real mode, you will need to sign up for an account and deposit crypto into your casino wallet. You can use the amount in your wallet to play any game on the site. All the changes to your wallet are reflected on your end in real time.
The benefits of crypto gambling
The reason for the sudden popularity of the crypto gambling industry is its benefits that beginner and experienced players can enjoy. Here is a list of what you can take advantage of when you decide to start using it today:
- Convenience and efficiency
Gone are the days when you have to travel far just to play your favourite casino games. With crypto gambling, you can enjoy the benefit of fun and excitement in the comfort of your home. At the same time, depositing credits to your crypto casino account is easy. With just a few taps on your phone, your balance will be replenished in a matter of minutes!
Additionally, the risk of credit card hacking is reduced to a minimum since you only need to scan a QR code or copy a link to deposit funds into your gaming account instantly.
- Safety and security
In traditional casinos, you are often required to provide your bank account details and other information to cash out your winnings. This has a risk of getting your account hacked since there are a lot of scamming methods online. Fortunately, crypto gambling only asks for your wallet’s address and has your winnings wired to you in an instant.
- Access to a plethora of casino games that are not available elsewhere
The best thing that crypto casinos offer is the plethora of games. These include live dealer games, video slots and table games. Aside from that, crypto casinos offer exclusive games that often give promising rewards!
Your crypto wallet does not reveal any private information that can easily be traced back to you. This means that you can deposit large amounts of crypto to your gambling accounts without the possibility of having your transactions blocked by third parties.
Looking for a crypto casino? Check out Casino Days
Now that you know the wonders of crypto gambling, you should try it out today and experience the fun yourself! Sign up for an account at Casino Days and get the chance to enjoy the following bonuses:
When you sign up for Casino Days, you get to enjoy a welcome bonus worth 20,000 rupees in cash!
Casino bonuses and rewards
When you become a member of Casino Days, you get to enjoy the following bonuses and rewards:
- Deposit match bonus
- No-deposit bonus
- Cashback loss bonus
- Referral bonus
- Free bet bonus
- Free spin bonus
- VIP rewards program.
Over 2,000 games for you to play
Casino Days provides you with a universe of fun and excitement with its 2,000 game titles. Each one provides you with chances of winning jackpot prizes or the highest payouts. Most importantly, you will never get bored with playing because they have bonus features that will keep you entertained.!
Casino content for you to read and learn
Casino Days is also a learning avenue because it provides you with resources that teach you casino tips and tricks. Aside from that, you’ll also find various topics about cryptocurrency!
What are you waiting for? Sign up for an account in Casino Days today to enjoy the benefits mentioned above. Explore what you can do when you start crypto gambling!