Buying Cryptocurrencies to play casino games can be a little intimidating to the uninitiated. However, it is not that difficult once you understand a few basic principles. Once you make your first purchase and deposit at an online casino, future transactions are fast and easy. The process is much easier when you use the right exchange to facilitate the process of buying, storing, sending, and selling your digital currencies. This is why Binance has become the exchange most favored by gamblers.
Benefits of Bitcoin and Altcoin Casinos
It is reasonable to ask – Why play online casino games with cryptocurrency when using fiat currency is easy and much less hassle? Playing online casino games has become an increasingly popular option for many experienced gamblers in recent years because it offers several significant benefits. Here are the most common reasons:
Bigger Casino bonuses and Promotions
Bitcoin casinos offer the biggest and best bonuses and promotions available on the internet, some as high as 5-6 BTC for a welcome bonus. These offers are far higher than anything you will find at a standard casino at current BTC conversion rates.
Greater Privacy and Account Security
Cryptos offer greater privacy and account security. Players do not need to provide casinos with bank account details that untrustworthy operators can exploit. Options like Dash and Monero also offer enhanced security features to safeguard your privacy.
Fast and Safe Transactions
Cryptocurrency transactions are fast and safe, taking a few minutes to transfer from one online wallet to another, at most.
Higher transaction Limits
Lower minimum and higher maximum deposits are possible with cryptos, making them a better option for high rollers and anyone who wants to make micro-deposits initially.
Best Bitcoin Casinos List for 2022
Here is a list of the most highly rated bitcoin casinos available to players in your country:
Where to Buy, Sell and Store Cryptos for Online Gambling
To get fast and easy access to cryptocurrency, you will need a good exchange to buy and sell Bitcoin, Etherium, Dash, Monero, or any other currency you wish to use. You will also need an online wallet for safe storage until you are ready to spend the digital currency you have purchased. Binance provides both these services in one platform. It is by no means the only exchange available. Players can also buy various cryptocurrencies at any of the following exchanges:
Binance. The most convenient exchange and wallet for online gambling
Many online casino players and sports bettors consider Binance the best online platform to buy, sell and store crypto for gambling transactions. For starters, it is the biggest cryptocurrency exchange trusted by millions of people worldwide. Setting up an account with Binance is easy and intuitive, and users also benefit from low transaction fees compared to other exchanges. When you open an account, a Binance is web wallet is automatically provided to store purchased cryptos. Web wallets are not as secure as hardware or desktop options. Still, they are an excellent option for anyone who wants to hold purchases temporarily before making a casino deposit. Users can also use the platform to make casino withdrawals back to their web wallet, convert cryptos to fiat currency and make a cash withdrawal directly to a bank account.
Open a Binance Account and Benefit from the Best Bonuses Today
Getting started with cryptocurrency gambling is far easier when you use the right platform to arrange transactions. Binance is the preferred exchange for many gamblers and comes highly recommended if you are new to gambling with cryptocurrency.
Check out our other guides for a step-by-step process on how to make casino deposits and withdrawals in cryptocurrency and take advantage of the highest casino bonuses today.