Crypto Guide

Cryptocurrency is a virtual money that uses cryptography to ensure safety. The primary feature of cryptocurrencies is their distributed nature, which distinguishes them from traditional government-issued money regulated by central banks. Cryptocurrencies are based on blockchain technology, available to network participants.

The relevance of cryptocurrencies for gamblers is significant for several reasons: anonymity of transactions, 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 enhances the degree of confidentiality for financial operations.

Advantages of Cryptocurrencies for Online Casino Players

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

• Anonymity. One of the major advantages of cryptocurrencies is anonymous transactions. Players can fund their accounts and withdraw winnings without sharing personal data. This is especially crucial for countries with rigid legislative restrictions on gambling.
• Speed. Cryptocurrency transactions are processed much faster than traditional bank transfers. Thus, players can begin gaming 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 cheaper than those for using traditional payment methods.
• Reliability. Smart contracts stand guard over security and reliability. They self-execute the terms of transactions, entirely removing the possibility of fraud or technical (banking) errors.
• Transparency. Blockchain technology ensures full transparency of all transactions. That is, each transfer is open and auditable, 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 greatly increase, so players often receive passive income without being experienced investors.
• Lack of Control. Cryptocurrencies are not linked to any country or central bank. Vulnerability to political and economic changes is minimized.

All these factors make cryptocurrencies highly 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 hundreds 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 main cryptocurrencies that almost every online casino accepts:

• 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 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 occupies a special place in the crypto world thanks to the power 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 no volatility (currency exchange rate changes). This feature makes USDT the preferred 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 many projects, including online casinos.
• Toncoin (TON). Originally an internal token of the Telegram messenger. The cryptocurrency reached rapid popularity due to high transaction speeds and low transfer fees. Now TON is synonymous with an efficient and reliable system for transactions in online casinos.

Selecting a cryptocurrency for placing bets in online casinos can significantly impact the gaming experience. But rest assured, the cryptocurrencies listed above provide anonymity, reliability, and openness of financial operations. Global experience confirms this.

Where to Keep Cryptocurrency

Before purchasing cryptocurrency, it’s essential to decide on where to secure it—digital wallets. The choice of a crypto wallet is influenced by many factors, including the supported cryptocurrencies, the security level, the convenience of the user interface, and functionalities. Let’s look at a few wallets for your crypto assets and their characteristics.

MetaMask

This crypto wallet is appropriate for holding BTC, ETH, BNB, and numerous other cryptocurrencies. It is well-known 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 cannot be overlooked:

• Installation. The versatile 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 multiple accounts. It seamlessly integrates with DApps on the Ethereum blockchain and other similar networks. This makes MetaMask particularly popular among users who take part in the DeFi and NFT ecosystems.
• Security. Elevated level of security, as the user exclusively controls the keys. These are private keys that are saved locally and are never transmitted externally.

It is important to remember that the choice of a crypto wallet should match your personal needs for security, convenience, and functionality. MetaMask offers a dependable and handy solution for handling a wide range of cryptocurrencies and engaging with online casinos.

TronLink

The official storage for the TRON (TRX) cryptocurrency. It is also well-suited for handling 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 appropriate for all and every TRON blockchain enthusiast. It has several features:

• Installation. For the browser, simply visit the Chrome Web Store, find TronLink, and add it to your browser. Smartphone owners 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 transact with TRX and TRC-20 tokens, like USDT, but also use dApps on the TRON blockchain. There is a feature to swap one cryptocurrency for another within the wallet itself. You can create and switch between multiple wallets.
• Security. The security of funds is ensured by various layers of protection and encryption. User keys are held locally and are not transmitted to external servers. It is enough to create a strong password and keep it secret.

TronLink is suggested for players who often operate with TRC-20 tokens. With this wallet, even a novice can effortlessly manage crypto holdings. A bonus is the full interaction 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 arguably the most practical tool for online casino players who use Telegram.

• Installation. To start using the cryptocurrency wallet in Telegram, you need to activate the @wallet bot in the messenger. This can be done by searching for the bot through the search in the app and starting a dialogue with it. Following clear and easy prompts, the wallet can be established in 2 minutes right in your messenger.
• Features. Users store, transmit, and get TON, BTC, and USDT cryptocurrencies right within the Telegram interface. This greatly streamlines the procedure of using cryptocurrency, as it does not require installing extra apps or programs. Transactions here are completed in a few clicks, which is especially handy when making a deposit in an online casino from a smartphone.
• Security. The cryptocurrency wallet is integrated into the messenger, supplying a sufficient 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 main thing is to secure your Telegram account itself.

Based on feedback from players on specialized forums and social networks, the Telegram cryptocurrency wallet is quickly gaining preference among players who cherish the speed and convenience of transactions. Also, use the cryptocurrency in the @wallet for daily tasks without switching to other platforms.

How to Buy Cryptocurrency

After choosing the appropriate crypto wallet, the next step is to deposit cryptocurrency. For this, there are dedicated platforms – cryptocurrency 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 buy, sell, and exchange cryptocurrencies using multiple fiat currencies or other cryptocurrencies. The most renowned crypto exchanges offer a wide selection of cryptocurrencies and have strong security measures. Here are some examples of well-regarded crypto exchanges:

• Binance. The biggest crypto exchange in the world with a wide range of cryptocurrencies and trading instruments. This is where the largest volume of crypto trading happens. Binance features low fees, high liquidity, and multiple trading options, including futures and margin trading.
• Coinbase. Attracts users with its easy-to-navigate interface, making it an perfect option for beginners. It offers direct purchasing of cryptocurrencies with fiat money and supports a large number of digital assets. It is distinguished by strict adherence to regulatory standards, adding confidence in the trustworthiness of operations.
• Bybit. Specializes in crypto derivatives and margin trading. The exchange offers competitive fees, fast order execution, and advanced trading tools. Bybit is suitable for more sophisticated users who wish to leverage multiple trading strategies.

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

Identity Verification and Geographic Regulations

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

It is also important to consider that some crypto exchanges do not provide their services to citizens of certain countries due to local legislation. Always check the availability of the operation 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 sending 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 requires entering basic information such as name, email, and password.
2. Finish identity verification. To meet regulatory requirements, most crypto exchanges require identity verification. This may involve providing a photo of a passport or other identification document, and sometimes verifying 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 are credited to your account, you can purchase cryptocurrency. Choose the desired cryptocurrency and make a purchase order at the current market rate or set your price with a purchase order.
5. Transfer 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, specifying the casino wallet address.
6. Confirm the transaction and start playing. Verify the information you provided at each step. Once the cryptocurrency arrives in your casino account, you can start playing. Be sure to look for any casino bonuses for the deposited amount.

Cryptocurrency Exchangers

For those looking for a more straightforward way to obtain cryptocurrencies, crypto exchangers are a handy alternative. They usually do not require verification and permit 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 lack of registration and verification, which reduces the entry barrier for new users and speeds up the transaction process. Also, they typically 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:

• Project age. Serves as an sign of the reliability of the exchanger. Extended presence in the market usually suggests stability and reliability of the service, as exchangers that have been operating for a long time usually accumulate experience in resolving various operational problems.
• Number of users and feedbacks. A critically important aspect when choosing an exchanger. A great amount of positive reviews can indicate a good reputation of the service, a easy-to-use interface, and the quality of technical support.
• Commissions. Can differ greatly depending on the exchanger, the type of currency, and the transaction amount. High fees can greatly increase the cost of the operation, so choose platforms with reasonable rates.
• Payment processing. Can be done either automated or manually. Auto processing systems typically provide faster transactions, while manual management may take more time but offers an additional level of control over the security of operations.

To ease 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 up-to-date and unbiased information.

How to Purchase Cryptocurrency at an Exchanger

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

1. Select a Crypto Exchanger. Use the BestChange exchange monitoring service to find a reliable exchanger with the best rates and feedbacks. The platform lists exchanges with current rates and exchange conditions.
2. Select a Cryptocurrency. Pick the cryptocurrency you want to buy. This could be Bitcoin, Ethereum, USDT, or various options available for depositing into an online casino.
3. Specify 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 acquired cryptocurrency will be sent. Also provide payment information, such as a bank card number or payment system data.
5. Transfer the Money. Complete the payment of the indicated amount to the wallet provided by the crypto exchange. After this, the cryptocurrency will be sent to your indicated 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 and Winning! After the funds are credited to your casino account, you are ready to start playing. Don’t forget to check possible deposit bonuses that can boost your chances of winning.

This process is quicker and less bureaucratic compared to buying through cryptocurrency exchanges, as most exchangers do not require registration or verification. It is the most available choice for a variety 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, similar 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. 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 issues, proceed to the next step.
4. Input Your Crypto Wallet Address. At this stage, you need to provide the details of your crypto wallet, to which the funds will be sent. Make sure that the address is correct 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 protection 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 following these steps, you can securely withdraw your winnings from the crypto casino. Enjoy this time comfortably, knowing that the honestly won amount is in complete safety on your wallet.

Conclusion

Now you are acquainted with the basics of using cryptocurrency: from buying and keeping to depositing into 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 prepared to support you at every stage – whether at a cryptocurrency exchange, in an exchanger, or directly at the casino. We hope you success and big wins in your crypto adventure!