Cryptocurrency benefits in Casinos and where to play?

For the last few years technology has entered in every branch of public economy. The online casino industry has been massively influenced too. New games and an array of high tech slots are released every day. Changes in the casinos can also be seen.

One of these capital changes is the addition of cryptocurrencies to the available methods of payment. The use of cryptocurrency has come with a range of benefits which has made it such a popular payment method.

What is Cryptocurrency?

The technology of cryptocurrency has been introduced to generate new units of currency. It is admitted as virtual currency for transferes of online funds. In general cryptocurrency is a digital set of numbers with assigned value. Similar to the role of money, cryptocurrency numbers can be exchanged for goods and services. They are used for online purchases, activities, online casino payments and more. Bitcoin, Ethereum, Dash and Litecoin are some of the most popular cryptocurrencies currently used in online casinos. NEO, Monero, NEM, Novacoin, Ripple, Zcash and Dogecoin are less popular cryptocurrencies used in few online casinos.

Where to play cryptocurrencies?

The next 3 casinos are from the list of recommended top-rated online casinos that accept cryptocurrency:

1. PlayAmo Casino

PlayAmo online casino was developed by Direx Limited and launched in 2016. This is a fully licensed and regulated casino. Players can have access to a selection of over 3500 games from software providers leaders in the casino industry including NetEnt, BetSoft, Evolution Gaming, Microgaming and others. Customers of the casino can make their choice between the best quality online slots, table games and live casino games. Attractive bonus packages welcome every new player. Both traditional and cryptocurrency payment methods are available to players.

2. BitStarz Casino

BitStarz is one of the most popular online casino owned and operated by Direx N.V. It was launched in 2014. It is visited by a huge number of players because of the fact that this casino accepts most cryptocurrencies. The library of games includes over 2000 games from leading software providers including BGaming, BetSoft, Amatic Gaming, NetEnt and more. Players can choose from amazing video slots, card and table games and bitcoin-exclusive games. Every new customer who has decided to register it BitStarz Casino will be awarded with 20 free spins and no deposit is required for this. After making your first deposit you can decide between a $500 welcome bonus package with 180 free spins. The other option is 5BTC +180 Free Spins. BitStarz casino provides a safe and secure gaming environment.

3. Lady Hammer Casino

The online casino Lady Hammer was established in 2017 by Direx N.V. It was named after the ring queen Christina “Lady” Hammer. The iconic fighter brings fabulous bonus promotions. Players can enjoy a secure gaming environment. They have the chance to choose from top payment methods including cryptocurrency options. More than 2000 games by industry leaders such as NetEnt, Microgaming, Yggdrasil Gaming and Evolution Gaming are available. As soon as you register at Lady Hammer you can choose from fantastic slots, jackpot games, card games or live casino games. A fantastic welcome bonus package rewards any new customer. 

Benefits from using Cryptocurrency

Cryptocurrency has become a popular method of payment because of the wide range of benefits when using it.

• Safe deposits

In general it's through blockchain technology that cryptocurrency transactions are documented. It is good to know that every deposit and withdrawal made by you at an online casino will be in a block of payments on the public ledger. This ensures that everything can easily be verified in the public eye and you will remain anonymous at the same time. There is complete transparency and can be a proof in case of disputes. Additionally to this is the fact that thieves won't be able to manipulate the information to their advantage.

• Rapid payments

With blockchain technology payments are processed much faster than traditional payment methods such as debit and credit cards which tend to be slow because of required verifications. All the identity verifications are made quicker with cryptocurrencies which means that you can expect instant deposits and withdrawals.

• Higher limits

High roller admire cryptocurrency because they like to place big bets and dislike small limits. With cryptocurrency, the deposits and withdrawals limits are higher than with the traditional payment methods which tend to have restricting limits.

• Private and very secure

In terms of safety and security using cryptocurrency is one of the best optional payment methods. The fact that it is not tied to your bank accounts makes using cryptocurrency completely secure to fund your online casino activities. As your personal details remain private it becomes more difficult for hackers and scammers to steal your identity. After every transaction the passcode used to verify the payment will change which presents another safety measure.

• Highly beneficial payment option

The online casino industry is constantly changing. Cryptocurrency contributes to the future of online casino gambling with a number of benefits including higher limits, speedy payments, safety and anonymity and more. Cryptocurrencies are acceptable and are here to stay. Many online casinos have started adding these virtual options of payment to their list of traditional payment methods.