As cryptocurrency continues to increase in popularity around the world, we're starting to see more and more online gambling sites accepting it too. Crypto gambling started just a few years ago, and it has been successful in establishing its place in the market now.
While crypto casinos have now become more popular than ever, many players are still skeptical about them. If this is the case, here are the best crypto casinos that will ensure a fun and safe gaming experience, just like the online casino NZ.
What is cryptocurrency?
A cryptocurrency is a digital currency that is created and managed through the use of advanced encryption techniques known as cryptography.
The currency is decentralized, meaning unlike traditional currency, it's controlled solely by users and computer algorithms as opposed to a central bank or government.
Cryptocurrency can be obtained online for dollars, or by trading already available digital coins for other cryptocurrencies. Also, there are cryptocurrency ATMs where users can purchase cryptocurrency by using debit or credit.
Cryptocurrency transactions are made using software called crypto wallets. The user who makes the transaction uses the wallet to transfer balances for one address to another. Each transaction has its unique set of passcodes, and whoever has it owns the amount of cryptocurrency associated with it.
Types of cryptocurrency
As mentioned earlier, cryptocurrency is designed to work as a medium of exchange. There are many different types of cryptocurrency, but these eight are some of the most well-known currencies.
- Bitcoin
- Litecoin
- Ethereum
- Ripple
- Bitcoin Cash
- Ethereum Cash
- Zcash
- Stellar Lumen
Some Bitcoin casinos will accept multiple cryptocurrencies. Some casinos offer the opportunity to play in both cryptocurrency and your normal currency.
Where can I find the best place to play?
Here is a list of the best online casinos that accept cryptocurrencies and offer the best gaming experience.
Bitstarz Casino – Bitstarz Casino provides players from all the world with the ability to play slots, table games and more with cryptocurrency and fiat money. The casino is home to some of the leading software providers like NetEnt, Microgaming, GameArt and Evolution Gaming.
7Bit Casino - 7Bit is another cryptocurrency and traditional money casino that is available in a convenient instant-play interface. Cryptocurrency includes Bitcoin and Cubits.
mBit Casino – With more than 1000 different casino games, mbit offers a seamless and immersive gaming experience. Players can deposit and withdraw using multiple currencies like Bitcoin, Litecoin, Dogecoin and others. The casino does not offer any traditional payment method.
CryptoWild Casino – Here you can enjoy a plethora of online casino games that are powered by the top software providers in the gambling industry. You can use Cubit to fund your account.
Mars Casino – Mars Casino is one of the top online gambling sites, and accepts all methods including traditional and cryptocurrencies like Bitcoin and Cubits.
Champagne Spins Casino – This casino accepts payments in both traditional money and cryptocurrency. The digital currencies include Ethereum and Bitcoin Cash alongside traditional methods like Neteller and Skrill.
