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Crypto Pay Casino Options
If there is one thing that is making the headlines consistently right now, it’s cryptocurrencies. They are undoubtedly something that more and more people are interested in with each passing day.

Some people want to invest in cryptos such as Bitcoin and Ethereum, hoping they will see its value skyrocket over time, rewarding them with mega returns on their initial stake. Others want to utilise cryptocurrencies to complete transactions in the online universe. A portion of these people is casino gamers who regularly make deposits and receive withdrawals over the internet to and from their account when gambling online.
Many gaming platforms welcome crypto users nowadays. Some mainstream casino sites encourage cryptocurrency gamblers to sign up and play, while others support cryptos such as Bitcoin exclusively, with no access for fiat currency customers.
Either way, online casino is big business, the industry is worth billions, and the audience is massive. But, by presenting gamblers with the option to use crypto as a way to play and then pay, the sector appeals to an even more significant and wide-ranging number of people. Before a punter can start playing with their favourite cryptocurrencies in the online casino world, they must first do a couple of things.
Anyone using cryptocurrencies on the internet for whatever reason will need a wallet. There are many different types to choose from, with the battle between hard and cold wallet solutions an intense one. Either way, a punter must have a wallet to send and receive funds online and to complete transactions to and from casino platforms. Companies such as CasinoCoin and CoinsPaid are respected and reputable options for storing cryptocurrencies like Bitcoin. They also act as payment gateways, enabling funds to get from A to B without a hitch. So, they’re often renowned for being one-stop solutions.
To complete a transaction, such as depositing at an online casino, a punter will need to buy some cryptocurrency. If you don’t have funds, how can you spend anything right? Players can purchase the crypto they need to play at gaming platforms from places known as exchanges. They will use a traditional banking method such as a Visa or MasterCard product or an e-wallet to secure an amount of Bitcoin.
A punter must send their newly acquired funds to their wallet. Or, if they’re using a service such as CoinsPaid, they have everything they need in one place.
Popularity & Advantages
The popularity of paying and playing with cryptocurrencies continues to snowball because cryptos are growing in popularity as a product. We now live in a world where everyone knows what cryptocurrencies like Bitcoin are, and as they continue to make headlines around the globe on social media and in the press, even more people will begin to take notice.
Your average “Joe” may not entirely in the know on where cryptos came from, the benefits and advantages they provide, how they work, or their purpose. But they have a keenness to learn and the resources to gain the knowledge they need.
Cryptocurrencies undoubtedly can impact many industries positively. And one of them is the online casino sector. They bring a raft of advantages to the table that makes everything run smoother, faster and more securely. And these are things that gaming operators, software developers, and punters cannot ignore. They are, by and large, the driving force behind the rise of casinos accepting crypto players and their coins of choice.
When there is an improved experience on offer, especially in an industry such as the online casino space that advances technologically at breakneck speed, people are going to want to enjoy it when possible.
We’re moving towards a cashless society, whether people want to believe it or not. Everything is digital nowadays, and more and more transactions are happening online than they are in real life. So, using the likes of Bitcoin, Ethereum and Litecoin make a lot of sense because they’re there to complete tasks such as making deposits at online casino sites. And so is the technology behind them. It’s also worth noting that if a casino punter stores their cryptos of choice in a wallet, they could see the value of what they own rise because that’s how cryptocurrencies work.
Reasons to pay/use Crypto at Casinos
Cryptocurrencies are decentralised and not in cahoots with any governmental organisation, allowing punters to complete transactions anonymously.
Using cryptocurrencies like DOGE, Bitcoin, Ethereum or Litecoin as a payment solution often works out cheaper because there is no third party involvement from the government or any financial organisations. Yes, you will likely have to pay a small fee when using an exchange to purchase crypto, but there will be no banking fees and no charges coming a user’s way.
It’s also cheaper to make international payments using cryptocurrencies than it is to use traditional methods such as wire transfers. Networks such as those Bitcoin runs on, also known as the blockchain, are global. And this makes everything more cost-effective, which nobody will complain about in this day and age.
FAQs
Paying with cryptocurrencies at online casinos is popular because there are significant benefits to using cryptos instead of fiat currencies, such as the anonymity.
Transactions using cryptocurrencies are anonymous in many respects because there is no third party involvement. And there is no link between a crypto wallet and its user.
In some jurisdictions, online casino gaming is banned or frowned upon. But, because of the anonymity provided by the likes of Bitcoin, users in these locations can still make deposits and play.
CoinsPaid is a one-stop solution because users have access to an exchange where they can buy crypto and storage facilities, all in the same place.
The popularity of cryptos where online casino is concerned is on the rise. However, fiat currencies continue to reign supreme in the industry.
In some cases, it is cheaper to make transactions using cryptocurrencies, especially internationally, because of the lack of third party involvement.
Pros and Cons
- Making deposits and completing transactions with cryptocurrencies keeps the user and their information anonymous.
- Cryptocurrency networks such as the blockchain are peer-to-peer, so they require no approval from outside sources.
- There are no banking fees or charges involved with cryptos as there is no government or financial institution involvement.
- Users can make international transactions for cheap or even free. A punter could deposit at an online casino from the opposite side of the globe, for example, for little to no cost.
- Some countries do not provide easy access to banks, credit cards and other payment solutions. However, cryptocurrencies such as Bitcoin are accessible to everyone with a smartphone device and access to the internet.
- Smartphones and other internet-ready mobile devices make sending and receiving cryptocurrency on the move a doddle.
- Cryptocurrencies are a form of digital technology, which means online criminals regularly make the scene a legitimate target.
- The value of cryptos like Bitcoin is prone to rising and falling at any time. Due to the volatility, an investment can be worth a lot one minute and less so a short while later.
- In the main, there is no regulation where cryptos are concerned. So, it makes investing and using them more of a risk.
- While cryptocurrencies are on the rise, they are still not the mainstream product many expected them to be.
- Using cryptocurrencies to make deposits at online casinos, for example, can prove to be a more long-winded process than using a fiat payment solution.
- Due to governments and financial institutions’ lack of regulation or involvement, users have little to no protection to fall back on if something goes wrong.
Conclusion
There is a lot to like if you’re an online casino gamer and invested in the world of cryptocurrencies. The advantages and benefits are there for all to see, and because they’re so significant, it makes it an easy decision to play casino Games with cryptocurrencies like Bitcoin.
You’re not going to find an alternative method that boosts security, provides the cloak of anonymity to the user and their transactions while keeping costs as low as possible. And if a person isn’t entirely on board with cryptocurrencies and why they’re a good option when it comes to making payments on the internet at places such as online casinos, they soon will be.
The value of coins is up and down because of the volatile nature of cryptos. But one thing that always continues in an upwards trajectory is the popularity and growth of the scene. And how it continues to impact the mainstream.
CoinsPaid Casino Sites
CoinsPaid is very much a one-stop solution if you’re a cryptocurrency user operating on the internet regularly. In many cases, an individual must source a wallet, and an exchange, buying from the latter and sending to the former. But, users have everything they could want or need all in one place at CoinsPaid, making it the perfect option for online casino punters.
Acting as a payment gateway also ensures transactions to and from casinos runs smoothly and without any hassle. Hence, deposits and withdrawals are a doddle, and the gambler can focus on playing their favourite games, such as video slots.
Getting started at CoinsPaid couldn’t be easier. The option to open an account is seconds away after loading the easy-to-use website, and it’s from there, punters will have access to an exchange where they can purchase the cryptocurrency they desire, as well as a wallet for storage.
Cryptos such as Bitcoin, Ethereum, Bitcoin Cash, Doge and more are supported, with over thirty coins and counting available to purchase, sell and exchange. And fiat currencies like the Euro, United States Dollar and Great British Pound are, too. So, users can buy crypto using USD, for example. And they can convert back to it as and when they see fit.
Getting from A to B, where European Online Casinos are concerned, is an easy task when using CoinsPaid because all they will need is access to their CoinsPaid account and the casino. From their CoinsPaid account, a user can purchase crypto supported by the gaming platform they’re playing at or access their wallet where they already have some stored, sending it on to the online casino by pushing the payment to the correct address. And, if they want to make a withdrawal to CoinsPaid, they do the same again, but in reverse. Punters can go as far as converting back to fiat and returning funds to their original source.
CasinoCoin Casino Sites
If there was ever a cryptocurrency product made for the online gaming sector, it’s CasinoCoin. You could describe CasinoCoin as a niche version of cryptocurrency because its purpose is to benefit the online casino industry and those operating within it. The needs of gaming operators and punters come first. And with an experienced team behind the project, the advantages of using CasinoCoin are off the scale.
CasinoCoin has recently started to migrate from the blockchain to the XRP ledger, too. It shows the service and those operating it aren’t standing still and want to provide the best for their users.
CasinoCoin works similarly to CoinsPaid in many respects. Punters head over to their website and open an account. They will have a storage option known as a crypto wallet available to them, and this will allow them to keep their CSC safe and secure. While users won’t have access to an in-built exchange through CasinoCoin, it just adds a small extra step in the process for online casino players to add funds to their account. Or for them to withdraw CSC and take it back to being a fiat currency. Either way, the process is straightforward and easy to get the hang of after a couple of goes.
To talk punters through the process, they must first have an account with CasinoCoin, as this provides them with the storage solution for their CSC. Users must head to a source such as Bitrue to purchase CasinoCoin, before transferring it to their wallet of choice.
The online casino a gambler is playing at will provide an address to send CSC to when making a deposit. The user can then complete the transaction from their wallet, with the funds arriving almost instantly. Again, as always, doing the opposite is how withdrawals from gaming platforms happen.
Popular Crypto Wallets Online
There are many popular crypto casino wallets online right now. And, the great thing about these storage solutions is that it’s not a case of one size fits all. There is an array of types of wallet available, so there is something for everyone, and that’s important.
People use cryptocurrencies for different reasons. Some, for example, want to use cryptos to make deposits and receive withdrawals at online casinos. And a user’s lifestyle and the devices they have access to are essential factors in the decision-making process where wallets are concerned. One person may want their wallet to provide a bulk load of convenience, while others want a more secure option to come their way.
Some wallets are standalone products where punters must visit a separate exchange to add funds into their storage option. However, convenient solutions such as CoinsPaid and Coinbase offer everything a punter requires in the same location. So, a user can open an account at CoinsPaid or Coinbase, for example, and purchase cryptocurrencies such as Bitcoin and Litecoin, with it automatically storing in the wallet provided.
Convenience gets a massive tick in the box for services such as these and the wallets they provide, but they don’t work for everyone, especially for punters who use a different type of wallet to store their crypto.
Brands such as Ledger and Trezor are often the go-to where wallets are concerned. They have both built up significant reputations, and explore multiple types of wallet, too.
Ledger excel where hardware wallets are concerned, with the Ledger Nano X one of the best-loved and most popular options. Ledger also makes the Nano S perfect for punters who want more bang for their buck. Some crypto users, especially investors, have multiple coins they wish to store. And this is where Trezor comes in, with the Trezor Model T the perfect storage solution in this instance.
Getting Crypto Bonus at Online Casino
Suppose an online casino gambler has an interest or is actively involved in the cryptocurrency scene. In that case, they should explore the options available to them to utilise it to fund their gaming. It works in the same way as completing a purchase when shopping online, for example, or paying for a service. And if the likes of CoinsPaid are known to them, even better. This service allows for a hassle-free experience, putting the focus on having fun.
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Beginners or those new to the crypto scene will find getting started easy enough, as there are enough resources to provide the knowledge needed to get things underway, be it on forums or available in FAQs format at Online Casino Slots Sites.
A bit of research into how buying cryptos, using exchanges, and the types of wallet available will stand any novice in good stead, ahead of taking the plunge and going from fiat to digital currencies such as BTC, ETH, DOGE, BCH and LTC.
Hot Wallet vs Cold Storage
The battle between wallet types in the cryptocurrency scene is a real one and a topic of discussion across many forums and message boards. The main talking point is whether people should go with what is known as a hot wallet. Or if they should press ahead and explore cold storage opportunities. Of course, both types of storage solution has their merits. And, the great thing about all of this is that there are multiple options available instead of users having to use the same type.

Let’s look at the two types of wallet individually. A hot wallet is effectively any storage solution that connects and communicates with the internet. There is a lot to like where hot wallets are concerned because they accept a boatload more cryptos than their cold storage rivals. They are a lot easier to set up and get going with, and they’re more accessible and, therefore, the convenient option. There are always going to be a couple of negatives. And any devices such as crypto wallets that connect to the internet are at risk of cybercrime and running into technical faults.
In contrast, a cold storage solution is a cryptocurrency wallet that does not require an internet connection. For many people, keeping their funds or access to their cryptos safe and secure is the number one priority. And, who can blame them, especially in an online world where hackers roam free and always appear to be one step ahead of the game. Cold storage is the most secure and robust option, and punters will pay for what they get, rather than hot wallets that are, in most cases, free. It’s worth noting that cold wallets accept fewer types of crypto.
The winner of the battle between hot wallets and cold storage will always come down to the individual user because the advantages of one of the options could suit them more than the other. If you want convenience, use more obscure or Altcoins and a wallet for free; it’s the hot wallet that ticks the box. But, for an in your hand wallet that is more secure, more robust, keeping everything safe and sound, cold storage is the way to go.
Cryptocurrency Casino Security & Safety
The safety and security of any place an individual visits in the online world is paramount because of the risks that hackers and cybercriminals pose. And, when it’s something new or no especially a mainstream product like cryptocurrency casinos, there is a more significant desire for everything to be as secure as possible for users.

What you can say about crypto gaming platforms is that they provide safety and security to their visitors, but their approach is very much two-pronged, if you will. And this is because cryptocurrencies such as Bitcoin come with their own advantages to boost everything further.
So, you’re going to get mainstream online casinos that welcome crypto users. And there will be crypto-exclusive sites. They will use features such as Secure Sockets Layer, otherwise known as SSL, to keep players safe when connected and playing their favourite games. For example, they’ll provide content from respected and reputable developers, with many games provably fair.
The steps they take will ensure that a platform is a safe place for players to enjoy, and everything will be in place to reduce the risk of any personal or financial details being hacked or leaked. And then cryptocurrencies themselves take over.
Cryptocurrencies, be it Bitcoin, Ethereum, Litecoin, Bitcoin Cash or another type, all come with a similar brief where advantages are concerned. They provide a user with anonymity, which means an online casino player active on a platform is anonymous, so their personal information isn’t at risk.
Transactions are anonymous, too. So, if a hacker attempted to intercept at any point, there will again be zero risk of information or funds falling into the wrong hands. And, failing all that, the wallets that transactions move to and from are incredibly secure, too. All in all, keeping crypto casinos safe is a joint but effective effort.
The safest type of cryptocurrency wallet available on the market is a cold storage solution. It’s because these types of wallet do not connect to the internet, reducing the risk of cybercrime occurring.
Hot wallets come with risks because they connect to the internet. But ensuring any anti-virus and anti-malware services are up to date is an excellent place to start to keep everything secure.
If a user is anonymous, it means that no personal information will be at risk of falling into the wrong hands. Therefore, there is no chance of identity theft occurring, for example.
Because of how cryptocurrencies work, all transactions will be anonymous, going to and from crypto casino sites. There is no third party or banking institution in the middle of the process, so everything goes from A to B using addresses.
An excellent way to spot if a crypto casino site is safe to use is to look at the address bar and to see the little padlock before the web address. It will tell you if the website is secure.
You will need to visit an exchange to purchase cryptocurrencies such as Bitcoin. Using a reputable and respected exchange is a must. The popular ones stand out. And most come with reviews and recommendations.
Again, it comes down to reputability. The likes of Bitcoin, Ethereum, et al., have been around for years and are known to be safe as houses. Newer coins can be unsafe. Check what people are saying but stick to the main ones.