Online casinos are evolving with each passing year and are becoming more accessible to players of all types and backgrounds. Many of these websites are offering players novel ways of depositing and withdrawing money to/from their casino accounts.
The past few years have witnessed a major surge in the usage of cryptocurrencies across the globe. It has also resulted in more casinos accepting cryptocurrencies as valid forms of payment. With the intent of making the payment process as simple as possible, more and more online casinos are switching to cryptocurrencies like bitcoin today. Here in this article we will acquaint you with few such cryptocurrencies commonly accepted at online casino platforms.
By far the most popular of all cryptocurrencies in existence today, many people across the world consider the term bitcoin synonymous with cryptocurrency. It has been going pretty strong ever since its launch in the year 2008. Considering its constantly growing popularity and worldwide acceptance, bitcoin is now the payment medium of choice at a great multitude of online casinos too. Here are some top-rated online casinos that accept bitcoins. In addition, bitcoin offers plenty of advantages over the conventional payment means, including better security and better speed of transactions.
Ethereum is another prominent cryptocurrency which is rapidly emerging as a viable alternative to bitcoin, mainly because of how it works. Ethereum transactions are known to complete far quicker than bitcoin, and this cryptocurrency can be used in multiple ways other than for making/receiving payments. Its blockchain ecosystem is such that it offers various distinct advantages to the users and companies.
This one has become the most preferred cryptocurrency for players who are keen on maximising their privacy while playing at online casinos. It’s different from all other cryptocurrencies as it offers added layers of security to the players. While there is a possibility of payments made with cryptocurrencies like bitcoin and other getting traced, tracing Monero payments is almost next to impossible. Such added privacy makes Monero an obvious choice for people who prefer staying anonymous while indulging in gambling on the internet.
This cryptocurrency is based on bitcoin and therefore has plenty of similarities with that. However, payments made with Litecoin are much faster and also involve an added level of security and anonymity. Its popularity has grown tremendously over the past few years and online casinos across the world have started accepting Litecoin as a valid method of depositing and withdrawing money to/from their platforms.
This one is slightly different compared to all other cryptocurrencies in the manner that it is connected with the banking establishments on the back. This cryptocurrency provides players plenty of versatility, especially in terms of how it can be used, either in the form of an exchange service or for making online payments. Ripple is widely accepted by a large number of online casino platforms, and provides users with a valid way of making quicker payments compared to other popular means.