By now, everyone's heard of Bitcoin.
It's probably the most famous cryptocurrency out there. And the growth of Bitcoin brought in its wake the expansion of crypto casinos, whose popularity was tied to fair gambling and instant payouts.
But the exciting thing about blockchain-based currencies is that there are so many of them. Bitcoin isn't the only player in town—Monero is another open-source currency that's taking the online gambling world by storm. It's even one of the top ten cryptocurrencies on the market.
Let's take a look at what Monero is, and examine some of the best Monero casinos in 2021.
The 411 on Monero
So just what is Monero?
Appearing in 2014, Monero is a cryptocurrency that's a little newer than the more established cryptocurrencies, like Bitcoin. It's an open-source cryptocurrency that leverages the decentralization, interchangeability, and privacy features for which blockchain-based financial systems are famous.
So, whether you're an international terrorist bent on world domination, or just really privacy-conscious, Monero is the cryptocurrency for you. It was created by an individual colorfully known as "thankful_for_today," a frequenter of the Bitcointalk forum.
Called at first "BitMonero," it had a slow and shaky start; later, it was taken over by a character named "Johnny Mnemonic," and renamed Monero. Since then, the cryptocurrency has enjoyed a rather dubious history, becoming the crypto of choice for many black marketeers and drug dealers.
You know, the good guys.
Some of Monero's Privacy and Security Features
So what is it that makes Monero such a secure cryptocurrency? Why is it a favorite of online gamblers?
Here are some of the crypto's security and privacy features:
- Bulletproofs: These are a form of NIZK (non-interactive, zero-knowledge) proof. That means transactions can be verified without any exchange of details between the sender and the receiver.
- Stealth Address: The sender's address is a one-time, cryptographically generated address link. This ensures the sender's privacy.
- Encrypted Transactions: All transactions using Monero are encrypted, so users cannot be tracked.
And there are some other complicated, blockchain-type stuff that works to ensure the security and privacy of transactions. Basically, if you're trying to keep your online financial transactions on the down-low, Monero is the go-to cryptocurrency.
How to Get Monero
Getting your hands on some Monero may be the most difficult part of the whole process, but once that's taken care of, you're ready to hit the casinos.
Like other cryptocurrencies, Monero is listed on various exchanges, such as Kraken or Poloniex. You purchase the amount of Monero you'll need, and store it in your crypto wallet. MyMonero, Monerujo, and Cake Wallet are considered among the most secure and trusted Monero wallets you can find.
Best Monero Casinos
Okay, now let's get down to business.
Monero is growing in popularity as the perfect crypto for online gambling. Its peerless security features and anonymity conspire to make it an ideal medium of exchange for gambling sites.
Nevertheless, Monero has yet to fully infiltrate the online gambling space. Which means your options are somewhat limited. Still, there are several good options available. Let's take a look at some of the best online casinos that accept Monero.
1. FortuneJack Casino
FortuneJack Casino is without doubt one of the best crypto casinos out there.
It offers nine different cryptocurrencies, including (you guessed it) Monero. Then there's the fact that it has over three thousand (!) games, including slots, dice, table games, and much else.
In fact, there are so many games offered that you're virtually assured of finding something that is to your liking and skill level. The site features a number of bonuses and promotions, and it has a slick layout that will keep you coming back for more.
Betcoin is a long-standing Bitcoin casino, but it also offers other cryptocurrencies, including Monero.
It has an extensive gaming library—though not as extensive as FortuneJack's. The casino offers 150 games, including blackjack, Baccarat, craps, dice, slots, etc. There's also a poker room with impressive tournaments, and a sportsbook.
Betcoin's overall look and feel may not be as slick as FortuneJack Casino, but it gets the job done with a number of online games.
Founded in 2015, 1xBit has established itself as a comprehensive Bitcoin gaming portal, catering to many different games, as it is not only an online casino.
It also offers a much wider range of cryptocurrencies than just Bitcoin, and this includes Monero. As for gaming—1xBit has a truly massive selection of well over three thousand games available for play.
There are standard casino games and slots, multiplayer games, a sportsbook, fantasy soccer tournaments, and betting on various televised games and financial events.
7BitCasino has been around since 2014, and boasts a gaming license from the government of Curaçao.
It has an attractive online interface, and offers over two thousand popular online casino games. It comes with the usual slot and table games, and also has a live dealer lobby—something of a rarity. The site also offers numerous promotions and bonuses.
Hit the Slots at the Best Monero Casinos of 2021!
Cryptocurrencies have enjoyed some spectacular growth in the past decade. Whether it's the old standbys like Bitcoin and Ether, to edgier newcomers like Monero and ZCash, there's a whole lot to choose from.
Finding the right Monero casinos is all about doing your research and finding the right fit for you. We think these five casinos, however, make a pretty good start.
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