Crypto Guide

Cryptocurrency is a digital money that uses cryptography to ensure security. The key feature of cryptocurrencies is their distributed nature, which differentiates them from conventional fiat currencies controlled by central banks. Cryptocurrencies are based on blockchain—a distributed and decentralized database of all transactions, accessible to network participants.

The relevance of cryptocurrencies for players is high for several reasons: anonymity of transactions, high speed, and independence from political and economic shifts. Using cryptocurrencies in online casinos allows players to bypass issues with banking and government restrictions, as well as enhances the degree of privacy for financial operations.

Advantages of Cryptocurrencies for Online Casino Players

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

• Anonymity. One of the key advantages of cryptocurrencies is anonymous transactions. Players can top up their accounts and cash out winnings without sharing personal data. This is especially important for countries with rigid legislative restrictions on gambling.
• Speed. Cryptocurrency transactions are processed much faster than conventional bank transfers. Thus, players can begin gaming instantly (after completing a deposit) and also withdraw their winnings quickly.
• Fees. Here, everything is handled without intermediaries such as banks or payment systems. Therefore, the fees for cryptocurrency transactions are cheaper than those for using traditional payment methods.
• Reliability. Smart contracts stand guard over security and reliability. They automatically execute the terms of transactions, entirely removing the possibility of fraud or technical (banking) errors.
• Transparency. Blockchain technology provides full transparency of all transactions. That is, each transfer is public and verifiable, minimizing the risk of fraud since the transfer is easily traceable.
• 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 experienced 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 user-friendly, secure, and potentially lucrative tool has not yet been invented.

Top 5 Cryptocurrencies for Online Casinos

There are hundreds of cryptocurrencies, but some are particularly popular among online casinos. Some of them distinguish themselves for their exceptional reliability, ease of use, and widespread adoption. 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 power of its smart contracts. With ETH, you can not only send and receive money but also automate many processes and services within online casinos.
• Tether (USDT). This is a “stable” currency pegged to the US dollar rate. This ensures almost no volatility (currency exchange rate changes). This feature makes USDT the favored choice for players who value calm waters over the stormy sea of currency quotes.
• Binance Coin (BNB). The creation of the Binance cryptocurrency exchange. Initially, their internal token became popular worldwide. BNB quickly became a means of payment in various services, including online casinos.
• Toncoin (TON). Originally an internal token of the Telegram messenger. The cryptocurrency reached rapid popularity due to high transaction speeds and small transfer fees. Now TON is synonymous with an efficient and reliable system for transactions in online casinos.

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

Where to Keep Cryptocurrency

Before acquiring cryptocurrency, it’s important to determine where to secure it—digital wallets. The choice of a crypto wallet is influenced by many elements, including the types of supported currencies, the level of security, the convenience of the interface, and functional features. Let’s examine several wallets for your crypto assets and their features.

MetaMask

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

• Installation. The multi-currency wallet is easily installed as a browser extension. The installation process is straightforward and does not require advanced technical knowledge. After installation, the user can establish a new wallet or restore an existing one using a secret phrase (seed phrase).
• Features. Includes receiving, storing, and sending cryptocurrencies. You can manage few accounts. It seamlessly integrates with DApps on the Ethereum blockchain and other compatible networks. This makes MetaMask particularly popular among users who actively participate in the DeFi and NFT ecosystems.
• Security. Strong security level, as the user exclusively controls the keys. These are private keys that are stored locally and are never transmitted outside.

It is crucial to remember that the choice of a crypto wallet should align with your personal preferences for security, convenience, and functionality. MetaMask offers a trustworthy and easy-to-use solution for handling a wide range of cryptocurrencies and interacting with online casinos.

TronLink

The official storage for the TRON (TRX) cryptocurrency. It is also ideally suited for managing 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 ideal for every single TRON blockchain aficionado. It has multiple features:

• Installation. For the browser, simply go to the Chrome Web Store, locate TronLink, and add it to your browser. Smartphone owners get the app from the App Store or Google Play. Just go through the usual procedure for installing apps on your devices.
• Features. With TronLink, you can not only transact with TRX and TRC-20 tokens, like USDT, but also engage with decentralized applications 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 safeguarding of assets is ensured by multiple levels of protection and encryption. User keys are kept locally and are not transmitted to outside servers. It is enough to establish a strong password and keep it safe.

TronLink is recommended for players who regularly operate with TRC-20 tokens. With this wallet, even a beginner can simply manage crypto assets. A plus is the full interaction with projects on the TRON network.

Crypto Wallet in Telegram (@wallet)

Online casinos frequently utilize the advantages of the TON ecosystem, one of the principal ones being the crypto wallet built right into the Telegram messenger. This is arguably the most handy tool for online casino players who use Telegram.

• Installation. To start using the cryptocurrency wallet in Telegram, you need to initiate the @wallet bot in the messenger. This can be accomplished by locating the bot through the search in the app and starting a dialogue with it. Using simple and easy prompts, the wallet can be established in 2 minutes right in your messenger.
• Features. Users keep, send, and receive TON, BTC, and USDT cryptocurrencies directly within the Telegram interface. This considerably eases the process of using cryptocurrency, as it does not require adding more apps or programs. Transactions here are completed 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 suitable security level through the use of sophisticated encryption methods native to the Telegram platform. Without your knowledge, funds will not leave your account, but the primary thing is to protect your Telegram account itself.

Based on feedback from players on specialized forums and social networks, the Telegram cryptocurrency wallet is rapidly gaining popularity among bettors who value the speed and convenience of transactions. Also, use the cryptocurrency in the @wallet for daily tasks without moving to other platforms.

How to Acquire Cryptocurrency

After selecting 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 particular services, conditions, and levels of security. Let’s start with cryptocurrency exchanges.

Cryptocurrency Exchanges

Crypto exchanges are digital marketplaces where you can buy, trade, and swap cryptocurrencies using multiple fiat currencies or other cryptocurrencies. The most renowned crypto exchanges offer a vast selection of cryptocurrencies and have strong security measures. Here are some examples of well-regarded crypto exchanges:

• Binance. The largest crypto exchange in the world with a wide range of cryptocurrencies and trading instruments. This is where the largest volume of crypto trading takes place. Binance features low fees, high liquidity, and multiple trading options, including futures and margin trading.
• Coinbase. Attracts users with its user-friendly and intuitive interface, making it an ideal option for beginners. It offers immediate buying of cryptocurrencies with fiat money and supports a large number of digital assets. It is distinguished by rigorous compliance to regulatory standards, boosting confidence in the reliability of operations.
• Bybit. Specializes in crypto derivatives and margin trading. The exchange offers competitive fees, speedy transactions, and sophisticated trading tools. Bybit is ideal for more sophisticated users who wish to leverage various trading strategies.

The choice of a crypto exchange for purchasing cryptocurrency will hinge on personal preferences for user experience, as well as geographic restrictions 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 prevent fraud and money laundering. This process includes providing a photo of an ID or other personal information.

It is also important to keep in mind that some crypto exchanges do not provide their services to citizens of certain countries due to local legislation. Always verify the availability of the exchange in your region and confirm the terms of service on the platform or through technical support.

How to Purchase Cryptocurrency on a Crypto Exchange

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

1. Sign Up. To begin, you need to pick a crypto exchange and sign up for an account there. The registration procedure usually requires 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 providing a photo of a passport or another form of ID, and sometimes verifying the address of residence. The process usually takes several days.
3. Deposit funds. After verification, you can deposit fiat currency (EUR, USD, RUB) via bank transfer or using other payment methods such as debit cards.
4. Buy cryptocurrency. Once the funds arrive in your account, you can acquire cryptocurrency. Select the desired cryptocurrency and make a purchase order at the current market rate or set your price with a limit order.
5. Transfer cryptocurrency to the online casino. To play in a crypto casino, you need to transfer some of the acquired 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 provided at each step. Once the cryptocurrency is deposited into your casino account, you can begin gaming. Be sure to check any casino bonuses for the deposited amount.

Crypto Exchangers

For those looking for a easier way to acquire cryptocurrencies, crypto exchangers are a handy alternative. They usually do not require verification and permit fast exchange of fiat money for cryptocurrency. This is a convenient tool for speedy purchases or exchanges of digital assets.

The main advantages of crypto exchangers include the lack of registration and verification, which minimizes the entry barrier for new users and expedites the transaction process. Also, they typically have no strict geographic restrictions, making exchangers accessible to users worldwide.

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

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

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

How to Purchase Cryptocurrency at an Exchanger

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

1. Choose 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 latest rates and exchange conditions.
2. Select a Cryptocurrency. Pick the cryptocurrency you want to acquire. This could be Bitcoin, Ethereum, USDT, or other options suitable 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 purchase cryptocurrency for.
4. Provide the Wallet for Receiving Cryptocurrency. Indicate the address of your crypto wallet, to which the acquired cryptocurrency will be sent. Also provide payment details, such as a credit card number or payment system data.
5. Transfer the Money. Complete the payment of the stated amount to the account provided by the crypto exchange. After this, the cryptocurrency will be sent to your specified crypto wallet.
6. Transfer Crypto into the Online Casino. Once the cryptocurrency reaches 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! After the funds are transferred to your casino account, you are ready to start playing. Don’t forget to check possible deposit bonuses that can enhance 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 available choice for a wide range of users without geographical restrictions.

How to Withdraw Winnings in Cryptocurrency

Withdrawing winnings in cryptocurrency from an online casino to your crypto wallet is a straightforward 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 personal account on the casino website, find the “Withdraw” tab.
2. Specify the Amount. Enter the eligible amount you want to withdraw from your gaming balance.
3. Choose a Cryptocurrency. Specify the type of cryptocurrency in which you want to receive your winnings. Usually, it is the same cryptocurrency in which the deposit was made. If there are no issues, proceed to the next step.
4. Enter 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 find the address in the main window of your wallet.
5. Confirm the Transfer. The withdrawal request must be verified by you, depending on the security level set on your account. This might be done through two-factor authentication or e-mail.
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 adhering to these steps, you can safely withdraw your winnings from the crypto casino. Enjoy this time confidently, knowing that the rightfully earned amount is in full safety on your wallet.

Conclusion

Now you are familiar with the basics of using cryptocurrency: from purchasing and storing to depositing into an online casino and withdrawing winnings. The first time may bring some uncertainty and nervousness, but over time, the process will become almost automatic for you.

Do not hesitate to ask for help from online consultants, who are available 24/7 and prepared to support you at every stage – whether at a cryptocurrency exchange, in an exchanger, or directly at the casino. We wish you success and big wins in your crypto adventure!