Crypto Guide

Cryptocurrency is a electronic money that uses encryption to ensure security. The main characteristic of cryptocurrencies is their distributed nature, which distinguishes them from conventional fiat currencies controlled by central banks. Cryptocurrencies are based on a blockchain system, accessible to users in the network.

The relevance of cryptocurrencies for players is high for several reasons: transaction anonymity, fast processing, and freedom from geopolitical and macroeconomic changes. Using cryptocurrencies in online casinos allows players to avoid difficulties with banking and government restrictions, as well as enhances the degree of confidentiality for financial operations.

Advantages of Cryptocurrencies for Online Casino Players

Using cryptocurrencies in online casinos provides players with a range of benefits that make them an attractive choice for online gambling. This is an crucial part that deserves attention. Namely:

• Anonymity. One of the major advantages of cryptocurrencies is anonymous transactions. Players can fund their accounts and cash out winnings without providing personal data. This is especially crucial for countries with strict legal restrictions on gambling.
• Speed. Cryptocurrency transactions are completed much faster than conventional bank transfers. Thus, players can start playing instantly (after making a deposit) and also receive their winnings quickly.
• Fees. Here, everything is handled without intermediaries such as banks or payment systems. Therefore, the fees for cryptocurrency transactions are lower than those for using conventional payment methods.
• Reliability. Smart contracts stand guard over security and reliability. They self-execute the terms of transactions, entirely removing the risk of fraud or technical (banking) errors.
• Transparency. Blockchain technology ensures full transparency of all transactions. That is, each transfer is open and verifiable, minimizing the risk of fraud since the transfer is easily provable.
• Investment. Cryptocurrencies not only function as a means of payment but can also serve as an investment asset. Their value can significantly increase, so players often receive passive income without being seasoned investors.
• Lack of Control. Cryptocurrencies are not tied to any country or central bank. Vulnerability to political and economic changes remains aside.

All these factors make cryptocurrencies exceptionally suitable for use in online casinos. A more convenient, secure, and potentially lucrative tool has not yet been invented.

TOP-5 Cryptocurrencies for Online Casinos

There are thousands of cryptocurrencies, but some are particularly popular among online casinos. Some of them distinguish themselves for their outstanding reliability, ease of use, and widespread acceptance. Here are the five top cryptocurrencies that almost every online casino accepts:

• Bitcoin (BTC). Bitcoin is regarded as the “gold standard” among cryptocurrencies. It is the most famous and widely used cryptocurrency in the world. BTC is prized for its high level of security, broad recognition, and the ability to conduct large transactions, which is especially appreciated in the world of gambling.
• Ethereum (ETH). Ethereum holds a special place in the crypto world thanks to the capabilities of its smart contracts. With ETH, you can not only transfer money but also automate many processes and services within online casinos.
• Tether (USDT). This is a “stable” currency tied to the US dollar rate. This ensures almost zero volatility (currency exchange rate changes). This point makes USDT the favored choice for players who prefer calm waters over the stormy sea of currency quotes.
• Binance Coin (BNB). The brainchild of the Binance cryptocurrency exchange. Initially, their internal token became popular worldwide. BNB quickly became a means of payment in various projects, including online casinos.
• Toncoin (TON). Initially an internal token of the Telegram messenger. The cryptocurrency gained rapid popularity due to high transaction speeds and low transfer commissions. Now TON is a standard for an efficient and reliable system for transactions in online casinos.

Choosing a cryptocurrency for betting in online casinos can significantly impact the gaming experience. But rest assured, the cryptocurrencies listed above provide anonymity, reliability, and transparency of financial operations. Global experience proves this.

Where to Keep Cryptocurrency

Before purchasing cryptocurrency, it’s crucial to choose where to keep it—digital wallets. The choice of a crypto wallet is influenced by many factors, including the variety of supported digital currencies, the security level, the convenience of the interface, and functionalities. Let’s look at various wallets for your crypto assets and their characteristics.

MetaMask

This crypto wallet is ideal for holding BTC, ETH, BNB, and numerous other cryptocurrencies. It is popular as a web browser extension (Chrome, Firefox, Yandex Browser, etc.) and is also available as a mobile app for iOS and Android. MetaMask has several features that cannot be overlooked:

• Installation. The versatile wallet is quickly installed as a browser extension. The process of installation is straightforward and does not require specific technical knowledge. After installation, the user can establish a new wallet or restore an existing one using a secret phrase (seed phrase).
• Features. Involves accepting, keeping, and sending cryptocurrencies. You can manage multiple accounts. It smoothly integrates with DApps on the Ethereum blockchain and other compatible networks. This makes MetaMask especially popular among users who engage in the DeFi and NFT ecosystems.
• Security. Elevated security level, as the user completely controls the keys. These are private keys that are stored locally and are not transmitted outside.

It is important to remember that the choice of a crypto wallet should fit your personal preferences for security, convenience, and functionality. MetaMask offers a reliable and easy-to-use solution for managing a wide range of cryptocurrencies and engaging with online casinos.

TronLink

The designated storage for the TRON (TRX) cryptocurrency. It is also perfectly designed for handling USDT and USDC on the TRC-20 network. TronLink is accessible as a browser extension, a mobile app for Android and iOS, and in a web version format. In general, it is suitable for each and every TRON blockchain enthusiast. It has various features:

• Installation. For the browser, simply visit the Chrome Web Store, search for TronLink, and add it to your browser. Smartphone users get the app from the App Store or Google Play. Just follow the typical procedure for setting up apps on your devices.
• Features. With TronLink, you can not only send and receive TRX and TRC-20 tokens, like USDT, but also engage with dApps on the TRON blockchain. There is a feature to trade one cryptocurrency for another within the wallet itself. You can generate and switch between multiple wallets.
• Security. The security of funds is ensured by multiple layers of protection and encryption. User keys are stored locally and are not transmitted to external servers. It is enough to establish a strong password and keep it secret.

TronLink is advised for players who often operate with TRC-20 tokens. With this wallet, even a novice can effortlessly manage crypto assets. A bonus is the full engagement with projects on the TRON network.

Crypto Wallet in Telegram (@wallet)

Online casinos actively use the benefits of the TON ecosystem, one of the main ones being the crypto wallet built right into the Telegram messenger. This is potentially the most handy tool for online casino players who use Telegram.

• Installation. To start using the cryptocurrency wallet in Telegram, you need to enable the @wallet bot in the messenger. This can be accomplished by locating the bot through the lookup in the app and beginning a dialogue with it. Following simple and direct prompts, the wallet can be set up in 2 minutes right in your messenger.
• Features. Users store, send, and get TON, BTC, and USDT cryptocurrencies directly within the Telegram interface. This greatly eases the procedure of using cryptocurrency, as it does not require installing additional apps or programs. Transactions here are done in a few clicks, which is especially useful when making a deposit in an online casino from a smartphone.
• Security. The cryptocurrency wallet is intertwined into the messenger, providing a sufficient security level through the use of modern encryption methods native to the Telegram platform. Without your knowledge, funds will not leave your account, but the main thing is to secure your Telegram account itself.

According to feedbacks from players on specialized forums and social networks, the Telegram cryptocurrency wallet is quickly gaining popularity among gamblers who cherish the speed and ease of transactions. Also, use the cryptocurrency in the @wallet for everyday tasks without switching to other platforms.

How to Buy Cryptocurrency

After choosing the appropriate crypto wallet, the next step is to load it with cryptocurrency. For this, there are specialized platforms – crypto exchanges and crypto exchangers. Each option offers unique services, conditions, and degrees of security. Let’s start with cryptocurrency exchanges.

Cryptocurrency Exchanges

Crypto exchanges are online platforms where you can purchase, sell, and exchange cryptocurrencies using multiple fiat currencies or alternative digital assets. The most well-known crypto exchanges offer a broad selection of cryptocurrencies and have robust security measures. Here are some examples of reputable crypto exchanges:

• Binance. The biggest crypto exchange in the world with a vast range of cryptocurrencies and trading instruments. This is where the largest volume of crypto trading happens. Binance features low fees, high liquidity, and various trading options, including futures and margin trading.
• Coinbase. Draws in users with its user-friendly and intuitive interface, making it an excellent option for beginners. It offers direct purchasing of cryptocurrencies with fiat money and supports a wide array of digital assets. It is distinguished by strict adherence to regulatory standards, adding confidence in the trustworthiness of operations.
• Bybit. Specializes in cryptocurrency derivatives and margin trading. The exchange offers low costs, quick trades, and sophisticated trading tools. Bybit is ideal for more experienced users who wish to employ different trading strategies.

The choice of a crypto exchange for buying cryptocurrency will depend on personal preferences for ease of navigation, as well as geographic regulations imposed by the trading platform.

Identity Verification and Geographic Restrictions

To work with crypto exchanges, you need to complete the identity verification process (KYC), which helps exchanges combat fraud and money laundering. This process includes providing a photo of an ID or other personal information.

It is also important to remember that some crypto exchanges do not provide their services to citizens of certain countries due to legal constraints. Always check the availability of the exchange in your region and clarify the terms of service on the official website or through technical support.

How to Purchase Cryptocurrency on a Crypto Exchange

The process of buying cryptocurrency on a crypto exchange and subsequently transferring it into an online casino consists of several steps.

1. Registration. To begin, you need to pick a crypto exchange and register an account there. The registration procedure usually involves entering basic information such as name, email, and password.
2. Finish identity verification. To comply with regulatory requirements, most crypto exchanges require identity verification. This may involve sending a photo of a passport or other identification document, and sometimes confirming the address of residence. The process usually requires a few days.
3. Deposit funds. After verification, you can deposit fiat money (EUR, USD, RUB) via bank transfer or using payment systems such as debit cards.
4. Buy cryptocurrency. Once the funds reach your account, you can purchase cryptocurrency. Select the desired cryptocurrency and set a purchase order at the current market rate or set your price with a purchase order.
5. Send cryptocurrency to the online casino. To start playing in a crypto casino, you need to send some of the purchased cryptocurrency to the casino’s account. This is accomplished through the withdrawal function on the exchange, indicating the casino wallet address.
6. Confirm the transaction and start playing. Ensure the information you entered at each step. Once the cryptocurrency arrives in your casino account, you can commence play. Be sure to look for any casino bonuses for the deposited amount.

Crypto Exchangers

For those seeking a simpler way to acquire cryptocurrencies, crypto exchangers are a practical alternative. They usually do not require verification and allow quick exchange of fiat money for cryptocurrency. This is a useful tool for fast transactions or exchanges of digital assets.

The main advantages of crypto exchangers include the absence of registration and verification, which reduces the entry barrier for new users and expedites the transaction process. Also, they usually have no strict geographic restrictions, making exchangers accessible to users around the world.

To choose a worthy cryptocurrency exchange service, pay attention to the next aspects:

• Project age. Serves as an sign of the reliability of the exchanger. Extended presence in the market often shows stability and reliability of the service, as exchangers that have been operating for a long time usually accumulate experience in solving various operational problems.
• Number of users and feedbacks. A crucial aspect when choosing an exchanger. A large number of positive reviews can indicate a good reputation of the service, a user-friendly interface, and the quality of technical support.
• Fees. Can differ considerably depending on the exchanger, the type of currency, and the transaction amount. Increased fees can considerably raise the cost of the operation, so choose platforms with affordable rates.
• Payment processing. Can be executed either automatically or manually. Auto processing systems generally provide faster transactions, while manual management may require more time but offers an additional level of control over the security of operations.

To ease the choice of a crypto exchanger, use specialized monitoring services such as BestChange. The service systematically compares rates, fees, and user reviews from multiple platforms for buying cryptocurrencies. It delivers up-to-date and unbiased information.

How to Purchase Cryptocurrency at an Exchanger

The process of acquiring cryptocurrency through crypto exchangers and depositing into a crypto casino is straightforward and accessible. Below are the steps you need to follow.

1. Select a Crypto Exchanger. Use the BestChange exchange monitoring service to identify a reliable exchanger with the best rates and feedbacks. The platform shows exchanges with current rates and exchange conditions.
2. Choose a Cryptocurrency. Pick the cryptocurrency you want to acquire. This could be Bitcoin, Ethereum, USDT, or various options available for depositing into an online casino.
3. Set the Currency and Payment Amount. Choose the currency you have (USD, EUR, RUB) and specify the amount you want to buy cryptocurrency for.
4. Provide the Wallet for Receiving Cryptocurrency. Specify the address of your crypto wallet, to which the purchased cryptocurrency will be sent. Also provide payment details, such as a credit card number or payment system data.
5. Transfer the Money. Send the funds of the stated amount to the wallet provided by the crypto exchange. After this, the cryptocurrency will be sent to your chosen crypto wallet.
6. Deposit into the Online Casino. Once the cryptocurrency is deposited into your crypto wallet, transfer the necessary amount to the account at the online casino. You can get the deposit details in the “Deposit” page on the casino website.
7. Start Playing and Winning! After the funds are transferred to your casino account, you are prepared to start playing. Don’t forget to look for possible deposit bonuses that can increase your chances of winning.

This process is quicker and less bureaucratic compared to acquiring through cryptocurrency exchanges, as most exchangers do not require registration or verification. It is the most accessible choice for a variety of users without geographical restrictions.

How to Withdraw Winnings in Cryptocurrency

Cashing-out winnings in cryptocurrency from an online casino to your crypto wallet is a simple process, akin to making a deposit but in reverse. Let’s see what steps you need to take:

1. Go to the “Withdraw” Page. In your profile on the casino website, find the “Withdraw” tab.
2. Set the Amount. Enter the available amount you want to withdraw from your gaming balance.
3. Select a Cryptocurrency. Specify the type of cryptocurrency in which you want to receive your winnings. Often, it is the same cryptocurrency in which the deposit was made. If there are no difficulties, proceed to the next step.
4. Input Your Crypto Wallet Address. At this stage, you need to specify the details of your crypto wallet, to which the funds will be sent. Ensure that the address is entered correctly to avoid errors in the transfer. You can easily get the address in the main window of your wallet.
5. Confirm the Transfer. The withdrawal request must be confirmed by you, depending on the security level set on your account. This might be done through two-factor authentication or email.
6. Receive Your Winnings. After confirming the operation, the money will be sent to your crypto wallet. Processing time may change depending on the blockchain network load.

By following these steps, you can safely withdraw your winnings from the crypto casino. Relish this time confidently, knowing that the honestly won amount is in full safety on your wallet.

Summary

Now you are familiar with the basics of using cryptocurrency: from buying and keeping to placing in an online casino and withdrawing winnings. The first time may bring some confusion and trepidation, but over time, the process will turn almost automatic for you.

Do not hesitate to seek help from online consultants, who are accessible 24/7 and ready to assist you at every stage – whether at a cryptocurrency exchange, in an exchanger, or directly at the casino. We wish you luck and big wins in your crypto adventure!