Crypto Guide

Cryptocurrency is a electronic money that uses encryption to ensure security. The main feature of cryptocurrencies is their distributed nature, which distinguishes them from traditional government-issued money controlled by central banks. Cryptocurrencies are based on blockchain—a distributed and decentralized database of all transactions, available to network participants.

The relevance of cryptocurrencies for players is high for several reasons: transaction anonymity, high speed, and freedom from geopolitical and macroeconomic changes. Using cryptocurrencies in online casinos enables players to avoid difficulties with banking and government restrictions, as well as increases the level of privacy for financial operations.

Benefits of Cryptocurrencies for Online Casino Players

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

• Anonymity. One of the key advantages of cryptocurrencies is private transactions. Players can top up their accounts and cash out winnings without sharing personal data. This is especially crucial for countries with strict legislative 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 withdraw 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 ensure security and reliability. They self-execute the terms of transactions, completely removing the risk of fraud or technical (banking) errors.
• Transparency. Blockchain technology ensures complete transparency of all transactions. That is, each transfer is open and auditable, reducing the risk of fraud since the transfer is easily traceable.
• Investment. Cryptocurrencies not only serve as a means of payment but can also act 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 profitable tool has not yet been invented.

TOP-5 Cryptocurrencies for Online Casinos

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

• Bitcoin (BTC). Bitcoin is regarded as the “gold standard” among cryptocurrencies. It is the most well-known and widely used cryptocurrency in the world. BTC is valued for its high level of security, broad recognition, and the ability to conduct large transactions, which is especially valued 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 pegged to the US dollar rate. This ensures almost zero volatility (currency exchange rate changes). This point makes USDT the preferred choice for players who prefer calm waters over the stormy sea of currency quotes.
• Binance Coin (BNB). The creation of the Binance cryptocurrency exchange. Initially, their internal token became widely used worldwide. BNB quickly became a means of payment in many projects, including online casinos.
• Toncoin (TON). Originally an internal token of the Telegram messenger. The cryptocurrency gained rapid popularity due to high transaction speeds and low transfer commissions. 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 impact the gaming experience. But rest assured, the cryptocurrencies mentioned above provide anonymity, security, and openness of financial operations. Global experience proves this.

Where to Store Cryptocurrency

Before obtaining cryptocurrency, it’s essential to decide on where to store it—crypto wallets. The choice of a crypto wallet relies on many aspects, including the supported cryptocurrencies, the level of security, the ease of use of the interface, and features. Let’s examine various wallets for your crypto assets and their characteristics.

MetaMask

This crypto wallet is suitable for keeping BTC, ETH, BNB, and several other cryptocurrencies. It is favored as a web browser extension (Chrome, Firefox, Yandex Browser, etc.) and is also available as a mobile app for iOS and Android. MetaMask has various features that are noteworthy:

• Installation. The versatile wallet is readily 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. Encompasses accepting, storing, and sending cryptocurrencies. You can manage few accounts. It seamlessly integrates with decentralized applications on the Ethereum blockchain and other compatible networks. This makes MetaMask notably popular among users who engage in the DeFi and NFT ecosystems.
• Security. Elevated security level, as the user solely manages the keys. These are private keys that are kept on the device and are never transmitted externally.

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

TronLink

The designated storage for the TRON (TRX) cryptocurrency. It is also ideally suited for managing USDT and USDC on the TRC-20 network. TronLink is available as a browser extension, a mobile app for Android and iOS, and in a web version format. In general, it is suitable for every single TRON blockchain aficionado. It has several features:

• Installation. For the browser, simply visit the Chrome Web Store, search for TronLink, and install it to your browser. Smartphone owners download 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 send and receive TRX and TRC-20 tokens, like USDT, but also interact with decentralized applications on the TRON blockchain. There is a feature to swap one cryptocurrency for another within the wallet itself. You can generate and switch between multiple wallets.
• Security. The safeguarding of assets is ensured by various layers of security and encryption. User keys are held on the device and are not transmitted to outside servers. It is enough to create a strong password and keep it safe.

TronLink is suggested for players who frequently operate with TRC-20 tokens. With this wallet, even a beginner can effortlessly manage crypto assets. A plus is the full engagement with projects on the TRON network.

Crypto Wallet in Telegram (@wallet)

Online casinos make use of the benefits of the TON ecosystem, one of the principal ones being the crypto wallet built right into the Telegram messenger. This is potentially the most convenient 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 searching for the bot through the lookup in the app and initiating a dialogue with it. Adhering to straightforward and easy prompts, the wallet can be configured 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 simplifies the process of using cryptocurrency, as it does not require installing extra apps or programs. Transactions here are finished in a few clicks, which is especially convenient when making a deposit in an online casino from a smartphone.
• Security. The cryptocurrency wallet is integrated into the messenger, offering a suitable security level through the use of sophisticated encryption methods built-in to the Telegram platform. Without your knowledge, funds will not leave your account, but the key thing is to safeguard your Telegram account itself.

According to feedbacks from players on specialized forums and social networks, the Telegram cryptocurrency wallet is rapidly gaining preference among bettors who cherish the speed and convenience of transactions. Also, use the cryptocurrency in the @wallet for everyday tasks without shifting to outside platforms.

How to Acquire 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 levels of security. Let’s start with cryptocurrency exchanges.

Cryptocurrency Exchanges

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

• Binance. The largest crypto exchange in the world with a wide range of cryptocurrencies and trading pairs. This is where the largest volume of crypto trading takes place. Binance features competitive rates, high liquidity, and multiple trading options, including futures and margin trading.
• Coinbase. Captures the interest of users with its simple and straightforward interface, making it an excellent option for beginners. It offers immediate buying of cryptocurrencies with fiat money and supports a large number of digital assets. It is distinguished by strong adherence to regulatory standards, providing confidence in the reliability of operations.
• Bybit. Specializes in cryptocurrency derivatives and margin trading. The exchange offers attractive rates, speedy transactions, and advanced trading tools. Bybit is appropriate for more experienced users who wish to employ multiple trading strategies.

The choice of a crypto exchange for acquiring cryptocurrency will be influenced by personal preferences for user experience, as well as geographic regulations imposed by the trading platform.

Identity Verification and Geographic Restrictions

To work with crypto exchanges, you need to go through the identity verification process (KYC), which helps exchanges prevent fraud and money laundering. This process includes providing a photo of an identity document or additional personal details.

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

How to Buy Cryptocurrency on a Crypto Exchange

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

1. Sign Up. To begin, you need to pick a crypto exchange and register an account there. The registration procedure usually requires entering basic information such as name, email, and password.
2. Complete identity verification. To meet regulatory requirements, most crypto exchanges require identity verification. This may involve sending a photo of a passport or other identification document, and sometimes verifying the address of residence. The process usually takes several days.
3. Deposit funds. After verification, you can deposit fiat money (EUR, USD, RUB) via bank transfer or using other payment methods such as credit cards.
4. Buy cryptocurrency. Once the funds arrive in your account, you can buy cryptocurrency. Choose the desired cryptocurrency and make 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 transfer some of the purchased cryptocurrency to the casino’s account. This is done through the withdrawal function on the exchange, providing the casino wallet address.
6. Confirm the transaction and start playing. Verify the information you entered at each step. Once the cryptocurrency is deposited into your casino account, you can start playing. Be sure to check any casino bonuses for the deposited amount.

Crypto Exchangers

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

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

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

• Length of operation. Serves as an indicator of the reliability of the exchanger. Long-term presence in the market usually shows safety and reliability of the service, as exchangers that have been operating for a long time often accumulate experience in addressing various operational problems.
• Number of users and ratings. A vital aspect when choosing an exchanger. A large number of positive reviews can indicate a good reputation of the service, a convenient interface, and the quality of technical support.
• Fees. Can vary significantly depending on the exchanger, the type of currency, and the transaction amount. Increased fees can greatly raise the cost of the operation, so choose platforms with affordable rates.
• Payment processing. Can be executed either automatically or manually. Automatic processing systems usually provide speedier transactions, while manual management may require more time but offers an additional level of control over the security of operations.

To simplify the selection 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 latest and unbiased information.

How to Purchase Cryptocurrency at an Exchanger

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

1. Select a Crypto Exchanger. Use the BestChange exchange monitoring service to locate a reliable exchanger with the best rates and feedbacks. The platform shows exchanges with up-to-date rates and exchange conditions.
2. Select a Cryptocurrency. Pick the cryptocurrency you want to acquire. This could be Bitcoin, Ethereum, USDT, or other options available for depositing into an online casino.
3. Set the Currency and Payment Amount. Select the currency you have (USD, EUR, RUB) and indicate the amount you want to purchase cryptocurrency for.
4. Provide an Account for Receiving Cryptocurrency. Provide the address of your crypto wallet, to which the purchased cryptocurrency will be sent. Also provide payment details, such as a bank card number or payment system data.
5. Transfer the Money. Make the transfer of the specified amount to the account 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 reaches your crypto wallet, transfer the necessary amount to the account at the online casino. You can find the deposit details in the “Deposit” tab on the casino website.
7. Start Playing! After the funds are deposited into your casino account, you are prepared to start playing. Don’t forget to look for possible deposit bonuses that can boost your chances of winning.

This process is quicker and less bureaucratic compared to purchasing 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

Cashing-out 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” Section. In your profile on the casino website, find the “Withdraw” tab.
2. Set the Amount. Enter the eligible amount you want to withdraw from your gaming balance.
3. Choose a Cryptocurrency. Select the type of cryptocurrency in which you wish to receive your winnings. Usually, it is the same cryptocurrency in which the deposit was made. If there are no difficulties, move 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 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 email.
6. Receive Your Winnings. After verifying 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 securely withdraw your winnings from the crypto casino. Enjoy this time confidently, knowing that the rightfully earned amount is in full safety on your wallet.

Summary

Now you are acquainted with the basics of using cryptocurrency: from buying and keeping to placing in an online casino and withdrawing winnings. The first time may involve some uncertainty and nervousness, but over time, the process will become nearly effortless for you.

Do not hesitate to ask for help from online consultants, who are accessible 24/7 and ready to support 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!