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  • 22_bulb.pngWe've all sat in on conversations where you have simply no idea what the other person is talking about, right? For many of us, that's cryptocurrency. It's a whole new world where foreign phrases are thrown around, but what on earth do they mean?

    If you're in that boat, we're here to tell you that it's going to be okay. You're not alone. It's a crazy new world out there so hold on tight because if you want to be along for the winning ride, then keep reading!

    Cryptocurrency has taken the world by storm over the past few years. Names like Bitcoin are becoming the hot topics of many social conversations and online casinos are staying ahead of the curve. As always, the iGaming industry is ready to jump into the deep end with both feet! If you're ready to take that leap too, the biggest and most rewarding wins could be coming your way in an instant.

    bitcoin casinos and other cryptocurrency casinos are popping up around the world with different exciting bonuses, the very best casino games, and your name is on a jackpot prize waiting to be won. If you're not sure where to start, we can help you on your way to greatness. Trust the Gambler's Pick community, filled with dedicated casino players who have the knowledge you need.

    Find out what makes a top cryptocurrency online casino, a great online casino and start playing today.

    Take a look at the ins and outs of cryptocurrency casinos, discover how these brilliant establishments can work for you and read our reviews to be completely in the know. Once you've experienced any of the listed cryptocurrency casinos for yourself, you can also join our community and add your own reviews! Let your voice be heard and make the iGaming industry a better place.

    22_bitcoin.png Cryptocurrency: Scam or juicy new casino currency?

    Cryptocurrency is in essence a virtual currency made up of data which is traded online. It is decentralised, which means that centralised banking systems or political parties can't get their hands on your hard-earned cash.

    There's no flat value to cryptocurrency and it can change from day to day depending on the rise and fall of its popularity. Basically, cryptocurrency is much like your favourite celebrity, one bad move and it can crash and burn.

    Thankfully, cryptocurrency in its many forms, has risen to great popularity in recent years. There may be small dips from time to time, but on the whole once you purchase a crypto currency you have the opportunity to see your bank roll grow over time. How you do at the casino however will rely on your skill at the tables and your relationship with Lady Luck at the slots.

    Let's discuss the technical details. Growth takes place by uncovering more ‘coins’ this process is known as “mining”. To mine cryptocurrency you will need to purchase speciality computer system called ASICs (Application-Specific Integrated Circuit chips) or FPGA (Field-Programmable Gate Array). You may also have heard the term 'Blockchains' when discussing cryptocurrency. Blockchains are the records which holds the information found by complex hashing algorithms – the mining systems search these hashed algorithms for bits of code which are fractions of a crypto coin. It may sound a little dull, but really, these processes increase how much your specific cryptocurrency is worth.

    The first cryptocurrency to hit the online scene was one we've all heard of – Bitcoin. Currently it has the largest value of any single currency in the world! That means a mind-blowing sum of cash could be yours if you were lucky enough to get in on the ground floor of the Bitcoin boom. Since then, more than 4000 other data currencies have appeared online which means more fun for everyone.

    A Word to The Wise: No single entity controls cryptocurrencies which means they are prone to volatility. Like with gambling never risk more than you can afford to lose. Follow your head not your heart.

    We already know that cryptocurrency lives entirely online and that means you can't grab your Bitcoins and take them to the nearest land-based casino. Unfortunately, there's no way to haul around a bag of your preferred cryptocurrency, but that's where online casinos are your best bet.

    22_bitcoin.png Bitcoin: Breathing Life into Online Gambling

    More and more casinos around the world are climbing onto the cryptocurrency train and it's a smart move! As players such as yourself look to spend their newly mined coins, online casinos are welcoming them with open arms.

    Currencies such as Bitcoin, Etherium, Litecoin, and many others are already accepted freely at a large number of online casinos. Make your deposits, grab those big bonuses, play your way to big wins, and much more, just as you would with a regular currency.

    It may almost seem too good to be true, but with the right cryptocurrency wallet and your favourite online casino accessed with the click of a button, your life could be about to change. Of course, winning with cryptocurrency can be very lucrative. Each Bitcoin, Litecoin, or cryptocurrency of your choice is worth more than your regular Dollar. If the market keeps trending upwards this will mean that your casino winnings stand the chance of increasing in value as the currency increases – however it will be a smart move to watch the market and cashout your crypto investment in the same way you cash out at the casino. Play with your head, not with our heart is the best advice anyone could ever give for both casinos and cryptocurrencies.

    Bitcoin’s Meteoric Growth: The first Bitcoin transaction was 22 May 2010 when 10,000 BTC was used to purchase two pizzas. The value of that purchase back then? A mere $41!

    Top 4 Casino Ready Cryptocurrencies

    As with any form of business, you'll have those companies that stand out in the crowd. The eye-catching overachievers who simply can't help but be winners. Here are a few of the best and brightest cryptocurrencies for you to enjoy at your favourite online casino.

    ➀ Bitcoin - This has been a very popular virtual currency in online gambling, so much so that cryptocurrency casinos are regularly called Bitcoin Casinos.  Although it was a very popular form of online gambling currency in the past, the sheer value of Bitcoin renders it too massive for this type of trade. Spending only fractions of a Bitcoin can make playing and winning complicated, but you'll still be welcomed with open arms at online casinos.

    ➁ Etherium - Very stable (as far as cryptocurrencies go) and an industry favourite, Etherium is a great casino cash choice. It is not extremely volatile and transaction times are significantly faster than Bitcoin. These reasons, among many others, make Etherium a top-notch choice for online gambling.

     Litecoin -  Litecoin is relatively stable and is almost a copy of Bitcoin, although it is more easily mined, with faster block times. It’s a lot cheaper than Bitcoin though, which makes it perfectly suited to the lower value spending that online gambling requires.

    Dash - Still fairly new to the online gambling world, Dash is already a great choice for online gambling. Developed purely for the purchasing of goods (small and large), Dash has a much lower value than Bitcoin. This makes the trade value for credits at an online casino a breeze. You can also keep a closer eye on what you're spending and receiving along the way.

    With so many cryptocurrencies to choose from, you may be reeling a little, however these four are a good place to start your journey into the world of decentralised global currency speculation.

    The good and the ugly of gambling with cryptocurrency

    As with everything else in the world, online gambling with cryptocurrency is not perfect. It has its pros and cons which means you need to make the choice for yourself. If nothing else, Gambler's Pick is here to give you nothing but the cold hard facts, so keep reading and find out more.

    Pros

    • Stay anonymous – Being anonymous is a big deal for many gamblers. Whether you want to keep your private life private or you're not keen on showing off that massive win you landed, your privacy can be compromised when depositing and withdrawing via your bank. When using cryptocurrency, anonymity is guaranteed! Simply register for a cryptocurrency wallet and you could be living like a high roller is total secrecy. Shh...
    • Easy access - If you live in a country where there are grey areas regarding deposits and withdrawals at online casinos, cryptocurrencies can be a huge help. We're not saying you should be gambling illegally, but what you do with your cryptocurrency is your business (and yours alone), which makes it pretty great.
    • Quick service - Withdrawals and deposits are done rather speedily, with clients barely having to wait more than 10 to 20 minutes! It is probably one of the quickest ways of withdrawing credits from an online operator. Get that cash in hand sooner rather than later when you need it most.

    Cons

    • Hard work - Obtaining cryptocurrency can be hard work. There's a reason it's called mining after all! If you're not up to the slog of mining for your cryptocurrency, this may not be for you. Thankfully the process is not as complicated as it used to be, so you may be in for a smoother ride than those who first claimed their cryptocurrency rewards!
    • Volatile currency - The value of cryptocurrency is quite volatile and fluctuations could be rather erratic. This is mainly down to the fact that the currencies are not self-regulated. Do you prefer the value of your cash to remain a constant? Give cryptocurrency a miss.

     

    If none of this has scared you away, then you're ready to jump into the world of cryptocurrency casinos. But what will you find, you may be wondering? The answer: Everything your heart desires!

    22_roulette.png Spinning and winning at cryptocurrency casinos

    When it comes to online gambling, you're a pro and you know what you like, right? Once you’ve narrowed down your selection of trusted online casinos, the next question to answer is which games will entertain you, excite you and give you returns you want.

    There's no two ways about it! As a customer with the world at your fingertips, you have every right to access the best games in the business whenever you want to. Thankfully, when playing any of Gambler's Pick's top-rated cryptocurrency casinos all of your favourites are available to you in an instant.

    Whether you prefer playing at your desktop or prefer your gambling on-the-go with mobile casino games, you'll be sitting pretty with a huge range of titles, including:

     

    If you want it, our top-rated casinos have it. Every one of the best software providers in the world can be found with ease. Microgaming, NetEnt, Play'n Go, and many more! There's no need to miss out on the fun when you're spending your cryptocurrency. But first, you'll have to choose the perfect casino to suit your pocket and your play style. 

    22_info.png 7 cryptocurrency casino questions that must be answered

    Now that you've been welcomed into the bright new world of cryptocurrency casinos, you're ready to take your pick of the many available options.

    If you're feeling like a fish out of water, it's okay. Take a deep breath and dive into what we have to offer. You're in safe hands with the amazing Gambler's Pick community of players. They're online casino fans just like you which means you'll be treated to honest reviews, a wide range of options, and only the best suggestions and tips.

    As cryptocurrency grows, so does the list of online casinos that are openly embracing this new way of spending and winning. In fact, there may even be a few of your favourite online casinos that already offer this service without you even knowing it! If not, be prepared to find a huge number of really great options that are ready for you to explore.

    While many standard casinos offer this service on the side, there are also a large number of dedicated Bitcoin casinos who only take various forms of cryptocurrency as trade. Exclusive and filled with awesome offers and bonuses, think of these casinos as a club which you're invited to join!

    Cryptocurrency exclusive online casinos will reward you with sign-up bonuses (either paid in free spins or by deposit matching), brilliant ongoing promotions, and more. What makes choosing a new casino even more exciting is the large number of them available which means bigger and better bonuses. All you have to do is keep searching.

    Choosing a casino may be tough, Gambler's Pick is here to save the day! Thanks to our fantastic community of players who put cryptocurrency casinos to the test, you'll soon have the all the information, reviews and insights you need to make the best selection for your needs.

    We vet all the cryptocurrency casinos are featured at Gambler's Pick. This combined with our community reviews ensure that the casinos you visit meet the criteria that players deem important, ensuring you never have to second guess your choices.

    The following questions (and many more) will be answered in our extensive reviews. Let us do the hard work so that you don't have to.

    1. Is the online casino fully licenced and legal?
    2. Which casino games on offer?
    3. Are the very best software providers available?
    4. Will the welcome bonus be rewarding?
    5. Do promotions regularly feature at the online casino?
    6. Which banking methods can be found at the casino?
    7. Is the customer care team friendly and professional?

     

    Once all of the questions are answered and the top casinos are put to the test, you can rest assured that your iGaming experience will be one that you remember. The Gambler's Pick community will only ever share real and authentic reviews to make sure that you have best information at your fingertips.

    Achievement Unlocked: Cryptocurrency Pro

    Congratulations. You have everything you need to get started in the new world of cryptocurrency casinos! You did it, you're basically a crypto-genius now. That means there's nothing stopping you from getting started immediately.

    Take a look at our featured liste of cryptocurrency casinos and read our reviews for more information. Once you're settled, sign up at Gambler's Pick for free and join our ever-growing community of casino players! Add your thoughts, reviews, gambling tips, and opinions to any of our featured online casinos today and join in on the discussion.

    In the online gambling world, you play a crucial role. Your honest reviews and authentic experiences take playing at online casinos from good to great. Don't miss out on your opportunity to share with your fellow players and discuss what makes your favourite online casino the very best in the business.

    Crypto-Pro Tip! Cryptocurrency wallets are so secure that if you misplace it there is no way to recover it. Your wallet (and all your cryptocurrency) will be lost for good. Make sure to use a secure password and information locker – or better yet why not also write it down and lock it in a safe!

     

     

    Casinos for You


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    FAQ

    What are cryptocurrency casinos?

    Cryptocurrency casinos are online gambling sites allowing players to make deposits and withdrawals using bitcoins or another popular cryptocurrency. Some casinos also allow customers to place wagers in their cryptocurrency of choice, without requiring any conversion.

    Do cryptocurrency casinos offer the same games I’m used to playing?

    Most cryptocurrency casinos these days offer the same portfolio of games found at traditional online casinos, with differences often being negligible.

    What are the advantages of playing at cryptocurrency casinos?

    Playing at cryptocurrency casinos increases the level of safety and privacy. Additionally, using a cryptocurrency wallet to make deposits and withdrawals can help keep your online gambling expenditures completely separate from the rest of the money.

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