| Disclaimer – Cryptocurrency casinos are currently not accepted in casinos in the USA. Please learn more about the most popular payment methods accepted at top online casinos. |
What are Cryptocurrencies
Cryptocurrencies, or crypto, are digital currency that uses blockchain technology. This type of payment method has quickly become popular around the world.
Crypto is seeing a surge in popularity because it is not regulated by financial institutions. As such, it is viewed as safer and more reliable than usual fiat currency. Because it is completely digital, transactions are also much faster.
Some of the most popular cryptocurrencies are:
- Bitcoin (BTC): Market cap = $582 billion
- Ethereum (ETH): Market cap = $255 billion
- Binance Coin (BNB): Market cap = $50 billion
- Cardano (ADA): Market cap = $20 billion
- Solana (SOL): Market cap = $18 billion
What is considered to be a Crypto Casino?
A crypto casino is an online casino where players can use crypto as a payment method. These casinos usually also offer bonuses and promotions using cryptocurrency as well.
While crypto is currently not being accepted at top US casinos, you can still find excellent welcome bonuses including no deposit bonuses, free spins, and more.
*Did you know?
No one truly knows who the creator of bitcoin is. They are usually referred to as Satoshi Nakamoto. The name is thought to be an acronym for Samsung-Toshiba-Nakamichi-Motorola.
What is considered to be the Best Crypto Casinos?
While crypto is not currently being accepted at US casinos, crypto casinos continue to grow in popularity worldwide.
They accept a lot of different cryptocurrencies
Most crypto casinos accept multiple types of crypto. And because crypto uses blockchain technology, deposits and withdrawals at crypto casinos are instant! Currently, the fastest withdrawal payment method at top US casinos is PayPal.
Low wagering requirements
Bonuses and promotional offers at crypto casinos usually come with very low wagering requirements. This makes withdrawals much easier for players.
Low Withdrawal fees
Some payment methods come with hidden fees attached. But since crypto is not regulated by financial institutions, these fees are kept to a minimum.
Gambling licence and safety
Once cryptocurrency is accepted as a payment method at US casinos, it’ll still be held to the same regulations from the state you are in. All casinos must be legally licenced and regulated to ensure your personal/financial information remains secure. Learn more about responsible gambling here.
*Did you know?
In 2021, El Salvador became the first country to sanction the use of Bitcoin as a mainstream currency.
Conclusion
Unfortunately, cryptocurrency is not accepted at US online casinos. However, with increasing popularity and new regulations being introduced on taxation, we expect this to change in the near future.
Keep up with the latest on cryptocurrency in the US in our news section!