Popular Cryptocurrencies Casino Players Use

There’s no denying the fact that cryptocurrencies are set to take over the world. Numerous businesses across multiple industries have integrated them and one of these industries is the iGaming industry.

Online Casinos are well aware of the fact that these digital assets provide players with a lot of advantages and that is why they are more than happy to allow players to make deposits and withdrawals with them.

Some of these advantages include instant deposits and withdrawals, eligibility to claim all types of bonuses and promotions and most importantly – cryptocurrencies do not come with any additional fees or charges. As you may know, there are countless cryptocurrencies on the market and there are a couple of them that players tend to use the most. That is exactly what we are going to talk about in this article.

1. Bitcoin (BTC)

First off, we have the holy Mecca of the crypto world. Bitcoin was the first cryptocurrency that breached the market back in 2009 and since then, it grew to be the most commonly used digital asset by casino players.

Every online casino that accepts crypto deposits and withdrawals with cryptocurrencies definitely features Bitcoin. The best part about using Bitcoin is that due to its popularity, pretty much every exchange features it and all digital wallets are well optimized to store it. Once you connect your wallet with the casino of your choosing, you will be able to easily make payments with this digital asset.

2. Tether (USDT)

Coming at number 2, we have the world’s most popular stablecoin. As a stablecoin, Tether’s value is always moving around the $1 limit. Thanks to its stability, casino players are certain that they will not miss out or lose any money when depositing or withdrawing money from the casino site where they registered an account.

Here’s what we mean by that. Let’s say that you register at an online casino where the minimum deposit is $100 in crypto equivalent. If you choose Bitcoin to deposit money, $100 might be worth a certain amount of Bitcoin one day, but a different amount the next day. Depending on the volatility, you might lose money, which is not something that you’d be fond of.

That’s not the case with Tether. This stablecoin is meant to “mimic” the USD and hence, its admins assure users/casino players that for every 1 USDT that is released, $1 is stored. That’s how its value always remains stable.

What’s even better is that if you want to try out a new cryptocurrency, you can always exchange Tether for a different digital asset. Thanks to that fact, Tether provides casino players with immaculate flexibility and that is why they are more than happy to use it at casino sites.

3. Dogecoin (DOGE)

Dogecoin is a highly volatile cryptocurrency like Bitcoin, but it isn’t subject to the massive changes that Bitcoin experiences daily. It is often referred to as a friendly Internet currency and that is why it sky-rocketed in popularity in the past couple of years.

Depositing funds with Dogecoin is extremely easy and simple. First, you will have to register at an online casino that accepts this cryptocurrency and register an account. Then, head over to the Cashier’s section and select Dogecoin as your preferred depositing method.

Once you connect your e-wallet with your casino account, all that is left is to transfer Dogecoin units to your casino account. Thanks to the fact that Dogecoin is a digital currency, the funds will be transferred instantly and you will be able to play the featured games for real money or claim any of the featured bonuses and promotions.

4. Cardano (ADA)

Cardano is a cryptocurrency that is often overlooked. It may not be popular as Bitcoin or Tether, but this option is also reliable as it offers instant deposits and withdrawals. You’ll also have access to all featured deposit bonuses and promotions, as long as you meet the terms and conditions.

The process of depositing and withdrawing funds with Cardano is pretty much the same as with any other cryptocurrency – register an account at the casino of your choosing, connect your e-wallet and transfer the Cardano units to your casino account.

Now, it is worth noting that the number of online casinos that accept Cardano might not be as big as the number of casino sites that accept the aforementioned 3 cryptocurrencies, but that doesn’t mean that this cryptocurrency is inferior or not as effective as all other digital assets.

5. Binance Coin (BNB)

Binance Coin is the cryptocurrency that was issued by the Binance Exchange and used to optimize all types of transactions on that platform. However, since Binance grew to be one of the world’s most respected and most popular exchange platforms, many players became fond of using this asset at online casino sites.

That is why Binance expanded the number of services on which BNB can be used. Instead of just being able to use it on the exchange, people can now use it to pay for numerous services and products online, one of which is playing at online casinos for real money.

Some of the advantages that you will enjoy by using Binance Coin at Online Casinos include fast payments, increased security, massive anonymity and access to one of the world’s best exchanges – Binance. Thanks to this access, you will easily acquire new units that you can use to play the featured casino games and claim bonuses.

Conclusion

Many experts are convinced that cryptocurrencies are the future of the online gambling industry. After all, they provide players with numerous advantages and are considered superior to the payment methods of today. Regardless of which one of the listed cryptocurrencies you decide to use here, you will be pleased to know that you can use it to claim various bonuses and promotions, escape fees and experience instant cashouts.