• Bitcoin, the first cryptocurrency, is a form of digital currency invented in 2009 by an anonymous founder using the pseudonym Satoshi Nakamoto. Cryptos aren't managed by a bank or public agency.
• Sign up for a cryptocurrency exchange that sells Bitcoin (BTC), then buy Bitcoin. Once you have BTC in your exchange account, you can use it to deposit into a casino and start playing. We recommend Coinbase for visitors from the US, and Binance for more advanced users.

It may seem like your life has been bombarded by information about cryptocurrency recently, and you aren’t wrong about that. It feels like, over the last 6 months, every company in the world is coming up with a blockchain solution, and terms like ICO, cryptocurrency, token, and others are taking over the airwaves.

While this can all seem a bit overwhelming, we are here to help you. For example, did you know that there are online gambling sites that have been accepting cryptocurrencies for payments for years now? The industry has always been looking for innovate ways to manage payment processing, especially given how expensive the traditional methods have become. Crypto is an excellent solution but is still in its infancy, and many people have only learned about it in the last few months.

We have dedicated an entire section of GamblingSites.org to bringing you up-to-date information about cryptocurrency and how it will affect your online casino experience. Here’s what you can expect to find in this section.

You can find others listed on our crypto exchanges page. CasinoCoin (CSC) is a digital currency developed specifically for the regulated gaming industry. CasinoCoin aims to provide users and gaming regulators/operators with improved transaction speeds.

Contents of This Article

We should start this section of our site with some of the good stuff – the best places we have found for casino players who wish to use cryptocurrency for payment. These sites that we have listed below all bring the best of software, promotions, and support together, along with strong mobile compatibility. Most importantly, however, is that they also all offer some form of cryptocurrency for deposits and withdrawals.

There are more and more online casino sites that are accepting cryptocurrency these days, but that doesn’t mean that they are all the same quality. We’ll go into more details of which sites are the best for each of the main types of currency, but for the time being, this shows you a nice cross-section of what is available for early adopters of this payment method.

Taking a step back for a bit, we realize that through all of this, there are still many of you who do not know what cryptocurrency is in the first place. So, let’s break it down here for you in its simplest terms.

Back in 2009, a bunch of very smart folks were trying to come up with a way to pay for goods and services anonymously online (don’t ask why) and came up with the idea of a decentralized, digital currency. This original currency was called Bitcoin and still exists today.

The general way that cryptocurrency works is that every transaction between users is written into a digital ledger, and this ledger is copied and stored on a network of multiple computers. This way, if there is a transaction that is only showing up one copy of the ledger, it can be flagged, keeping the ledger form being hacked and altered illegally.

There is a lot more to it, of course, but at its core, cryptocurrency is a decentralized, digital form of payment that is designed to compete with the current traditional forms of payment. For a more detailed understanding of this digital currency format, check out this page.

There are many widely-accepted cryptocurrencies on the market today, with new coins being introduced at a rapid rate. While the online gambling industry was one of the earliest adopters of these payments, to date, the operators have been focused on adding the most trusted.

We think that if you want to feel comfortable using cryptocurrencies at an online gambling sites (or anywhere for that matter), you need to be up to speed on what these currencies entail, including their history and how they can be used at online gambling sites. That is what these pages below are meant to accomplish.

Bitcoin Gambling Sites

Bitcoin is the original cryptocurrency, having been built on the original blockchain (the decentralized network) all the way back in 2009. While many other coins now exist, the number of casinos that accept Bitcoin (BTC) is more than any other cryptocurrency, so we take a look at which are the best sites and why you should use Bitcoin for your payments.

Litecoin Gambling Sites

Cryptocurrency Coins To Buy

Another cryptocurrency that was launched all the way back in 2011 on Github, Litecoin is the brainchild of a former Google employee. This is another attempt at creating the same decentralized network with faster speeds. Litecoin (LTC) is an excellent alternative to Bitcoin and is being added as a payment method to more casinos by the day.

Bitcoin Cash (BCH) Gambling Sites

After the original open-source blockchain technology was developed and released, an increasing number of developers looked for ways to improve the original work and reduce some of the issues that came from the popularity of the original. Bitcoin Cash is a cryptocurrency that came from a split in the Bitcoin blockchain and is now regarded as the likely successor to the original cryptocurrency.

Ethereum Gambling Sites

Ethereum is another popular blockchain network, and the currency it created (Ether) is now widely accepted by online gambling sites. Built on the same premise as Bitcoin, but with acceptance speeds that are faster, Ether and the Ethereum blockchain are heralded as more efficient by those who use it. We look at all the sites that accept Ether for payments and what makes one site better than another for players in the long run.

Other Cryptos You Can Gamble With

Here is a list of other not as popular but gaining traction cryptocurrencies that you can use at many online gambling sites available today:

All this talk about cryptocurrency and its benefits is nice, but understanding how to make a deposit in your online casino account is likely why you came to this page in the first place. Using the currency for online casino deposits and withdrawals is actually not as intimidating as it may look, but you definitely want to know all the right steps to take in order to make the transactions as easy as possible.

We have an entire page dedicated to how to make a deposit with all the currencies we listed above,including the security measures that are taken in the blockchain to prevent your account from being compromised. When you are done reading it, we are certain that you will feel like a seasoned cryptocurrency veteran!

For as many cryptocurrencies that exist in the marketplace today, there are as many if not more cryptocurrency wallets to choose from. The crypto wallet is exactly as it sounds – a central location for you to manage all your cryptocurrency balances. Some wallets are better than others, and when it comes to online gambling, choosing a wallet that makes it easy to move coins to and from casino sites is a must. There are some crypto wallets that have been around for much longer than others, but that doesn’t mean that the new ones aren’t worth using. You want to be looking for specific attributes of crypto wallets, which we will go into on this page.We look at all the top wallet options for crypto users and show you how to go about setting up a wallet of your own.

After having an understanding of how to go about getting some cryptocurrency and how to use it for making a deposit at the gambling site you have chosen, you are all ready to understand how to use the currency for gambling purposes. There are some differences in how each of the sites manages cryptocurrency at the gaming tables and slot machines.

The cryptocurrency that you choose to play with should not have an effect on the games that you are playing, but if you aren’t sure, then you can always check with the caisno operator or look in the Terms and Conditions. Operators want to provide you with the best overall gambling experience, and that includes bringing you the best options for playing with cryptocurrency.

We have every detail covered for you so that you don’t feel at all uncomfortable when you are ready to enter the casino lobby and choose a game to play.

Cryptocurrencies are all based on creating coins, and these coins are created by agreeing to manage some of the ledger traffic that manages the coins themselves. People who have the machines set up to store and update ledgers on an ongoing basis are called miners and are rewarded for their actions.

Mining Bitcoin in the early days was something that only ahandful of inidividuals were doing. These days, given the power needed to run these mining computers, there are facilities being built in remote locations that house thousands of computers mining in unison. That doesn’t mean that you can’t get in to it now but it is definitely an idea that has matured.

If you are considering becoming a cryptocurrency miner, there are several factors that you should take into consideration before you invest in the hardware that is necessary. We aren’t saying it is a bad idea, but it is more effort than you may think, so reading this guide should prove to be very helpful in the long run.

Cryptocurrency Values

If you’re wondering what the conversion rate from dollars to your cryptocurrency of choice is, you’re in luck. Below are the current values for the most popular cryptocurrencies.

The Current Value of Bitcoin

The Current Value of Litecoin

The Current Value of Ethereum

If you are looking for a comprehensive primer on all things cryptocurrency, then you have found it right here! We strip away the gaming component for this section of the website (well, almost entirely) and focus on making sure you understand everything about cryptocurrency in general.

Topics in this guide include:

• Why people started using cryptocurrency

  The benefits of using the currency for purchases online, and what the early adopters saw when making the decision.

• Understanding cryptocurrency as an investment

  The investment world is buzzing about getting involved in blockchain technology, but with so many ICOs today, we review what the experts are looking for.

• Risks of using cryptocurrency

  Like any investment and payment method for online gaming, there are some risks involved in using cryptocurrency.

• Replacing traditional currencies

  Will crypto replace real-world money? We look at what has to happen to have traditional currency be a thing of the past.

• What you can use cryptocurrency to purchase

  Crypto is no longer just used for gambling and other online-only purchases. We look at other real-world uses for the currency, and what’s coming next.

• Benefits of using cryptocurrency

  Check out the benefits of cryptocurrency, both as an investment and a useful tool.

• The major players in the crypto market

  We look at who is behind the major cryptocurrencies today with a brief history of how they came to prominence and some online gambling connections.

• The history of cryptocurrency

  A brief look at how cryptocurrency came to be, its early uses, and why it is so popular today.

• ICOs – what are they and why are they so popular?

  What are they and why are they so popular? – the newest wave of investment opportunities are coming by way of the Initial Coin Offering -what is it an how did it get so popular?

We are certain that this is the perfect guide for someone who isn’t too familiar with the cryptocurrency market and also for those who have some understanding but just want a refresher.

Cryptocurrency Fun Facts

Did you know that the original cryptocurrency was developed almost by mistake by someone known as Satoshi Nakamoto? Satoshi was just working on the decentralized blockchain when it was realized that the currency could have some use. Today, we are still uncertain if Satoshi (a fake name) is one person or a team of people who are behind the cryptocurrency revolution.

Did you know that the first item purchased in the real world with Bitcoin was pizza? All the way back in 2010, a Hungarian programmer bought two pizzas from Papa John’s for a whopping 10,000 BTC. Now…if you do the math, that is definitely the priciest pizza ever purchased, and we bet that programmer regrets that decision!

Cryptocurrency Gambling Coins For Sale

Think you know a bunch of cryptocurrencies? You don’t. There are currently over 1,500 active cryptocurrencies around the world…most are very small and risky, but they exist!

The Cryptocurrency world may be still in its infancy, but there are already between 6 million and 12 million active cryptocurrency wallets that exist. Expect this number to grow quickly in the coming years!

Did you know there is a finite number of Bitcoin that can be created? The number is set at 21 million BTC, after which no new currency will be mined.

We typically add some frequently asked questions to our pages, but since there are so many more questions that our readers have asked about cryptocurrency and gambling, we thought it deserved its own page! Here is where you will find a comprehensive set of answers to the most common questions about the currency, as well as some more technical FAQs for those of you on the more advanced side.

Our Frequently Asked Questions section is always being updated with feedback from our readers, and here you will find the answers to many questions including:

• Why would people use Crypto for gambling?
• How do I know my crypto wallet is safe?
• Is all of this a scam?
• What is an ICO and why should I care?
• …and so many more!

Bitcoin Chaser - August 10, 2020

When Bitcoin was invented in 2009, few could have predicted that it would have been the start of a multi-billion dollar industry. Just over ten years later we’ve seen the growth of the cryptocurrency market, and the thousands of altcoins that have popped up. Today, the cryptocurrency market is worth a whopping $353 billion USD (at the time of writing), with Bitcoin at the helm. However, altcoins like Ethereum, Bitcoin Cash, Ripple and Litecoin are equally important, and all bring something new to the space. Cryptocurrencies have revolutionized the way we do many things – including gambling. Crypto and altcoin casinos make up a large proportion of the online gambling scene, and they’ve changed the way we play in numerous ways. We’ll be taking a look at the best altcoin casinos, so that you can start crypto gambling the right way.

The Best Altcoin Casinos

Now, let’s dive into the juicy part of this article. When you first start crypto gambling, you’ll want to ensure that your chosen altcoin casino is trustworthy, established, and has a solid selection of games. A generous welcome package is plus too. We’ve determined which altcoin casinos we like to play at, and we think they’ll suit you well too.

Is It Legal To Gamble With Cryptocurrency

BitStarz

Bitstarz is arguably one of the more established altcoin casinos on the market. Having launched in 2014, this casino is home to thousands of fantastic games, including video slots, virtual games, live casino games, table games, and more.

It’s a fiat and altcoin casino, so you can play with Australian dollars, Canadian dollars, Chinese yuan, Euros, Japanese yen, Norwegian kroner, New Zealand dollars, Polish zlotys, Russian rubles, and US dollars, as well as Bitcoin, Litecoin, Dogecoin, Ethereum, Bitcoin Cash, and Tether. Deposit and withdrawal speeds will depend on your chosen payment method – with a speed range between instant and 5 days.

Greenspin

GreenSpin casino is an altcoin casino that accepts Tether, Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dogecoin. It was established in 2020, making it a newer online altcoin casino. GreenSpin is socially responsible, and offers a massive selection of games, various payment methods, and solid promotions and bonuses.

At this altcoin casino, players can gamble on slots, jackpot games, live casino games, table games, and more. GreenSpin also accepts a range of fiat currencies, but their transaction speeds are much slower than the crypto options.

Kingbit

KingBit burst onto the altcoin casino scene in 2019, and quickly made a name for itself thanks to its incredibly generous bonuses and wide game selection. Players can gamble with altcoins including Ethereum, Litecoin, Ripple, and Tether, as well as Bitcoin.

KingBit casino has a huge selection of the top casino games in the world, from providers such asEzugi, Mascot Gaming, BetSoft, Wazdan, Nolimit City, Sinomenal, Pragmatic Play, Booming Games, and Reel Time Gaming. Players will find slots, scratch cards, table games, jackpots, virtual games, video poker and video bingo.

BetChain

The top altcoin casino on our list of the best altcoin casinos in 2020 is BetChain. BetChain launched in 2014, and is one of the most well-loved altcoin casinos on the market. It offers players fantastic bonuses, a huge range of altcoin casino games, ease of use, and reputable online gambling.

Players will find slots, poker games, video poker games, card games, provably fair games, live dealer Games, and much more, all available to play with Australian dollars, Canadian dollars, Euros, Norwegian kroner, Russian rubles, and South African Rand, as well as Bitcoin, Litecoin, Dogecoin, Ethereum, and Bitcoin Cash.

A Bit More About Altcoins

An altcoin is any cryptocurrency that is not Bitcoin. Bitcoin, the original cryptocurrency, was invented in 2009 by Satoshi Nakamoto. Satoshi is the anonymous founder of the entire cryptocurrency industry, as his invention went on to spark the growth of all digital assets.

At first, cryptocurrencies were largely seen as a fringe idea. However, the crypto bull-run of 2017 changed all of that. Cryptocurrencies had already grown in popularity by that point, but when Bitcoin’s price peaked over $20,000, things started to change dramatically. Altcoins, forever on the trail of Bitcoin, swiftly followed suit, and the entire digital asset market swelled.

Today, cryptocurrencies like Ethereum, Ripple, and Bitcoin are household names. The crypto market has grown in leaps and bounds, and sparked the creation of alternative industries like the crypto gambling scene. Many casinos accept both fiat and cryptocurrency options, and altcoin casinos are on the rise.

How to Buy Altcoins

If you’re looking to start gambling at altcoin casinos, it’s probably a good idea to first acquire some altcoins. Let’s take a look at the top five altcoins at the moment, according to CoinMarketCap.

• Ethereum: Established in 2015. First to introduce the concept of “smart contracts”. Available at most crypto casinos.
• XRP: Founded by Ripple. Used often in the remittance industry – not decentralized.
• Tether: A stablecoin that works on a 1-to-1 basis with the US dollar.
• Bitcoin Cash: A fork of the Bitcoin blockchain.
• Bitcoin SV: A fork of the Bitcoin blockchain.

When you’re looking to start playing at altcoin casinos, you should first decide which altcoin you want to play with. Any of the top ten cryptocurrencies by market cap will be fairly accessible, and easy to buy.

Cryptocurrency Website

When you want to trade altcoins, you’ll need to do so over a cryptocurrency exchange or trading platform. Exchanges like Binance and Coinbase are established and trustworthy, and allow you to buy altcoins with your credit or debit card. All you need to do is sign up, complete a KYC process, and have a crypto wallet where you can store your digital assets.

Altcoin casinos will then have a specific address for you to deposit into. Usually, the funds will be credited to your account instantaneously – although it does depend on the coin of your choosing. Different coins have different transaction times.

Start Playing the Top Games at Altcoin Casinos Today

Now that you have a comprehensive list of the best altcoin casinos, you can start playing the very best games the industry has to offer. From slots to video poker, table games, scratch cards, live casino games, and more, there’s nothing that these altcoin casinos can’t do.