Three Crypto Tokens in The Spotlight This Week for Their Role in iGaming Platforms

If you have spent any time in the online gambling world, you have probably noticed a shift. More and more casinos are moving away from traditional banking methods and embracing cryptocurrency. This is a full-blown transformation and not a gimmick.

Evidently, the old way of doing things had its issues. Bank transfers took forever. Credit card payments got blocked, and nobody liked dealing with withdrawal delays that stretched on for days. Crypto changes all of that. It is faster, cheaper, and lets players move their money without jumping through a hundred hoops.

Why More Casinos Are Moving to Crypto

For years, online gambling has been at the mercy of banks and payment processors. Deposits got flagged, withdrawals took ages, and fees ate into winnings. Players hated it, but there was no real alternative. Until now.

According to Andjelija Blagojevic, crypto casinos are thriving because they allow for fast and secure payments with instant withdrawals and lower fees. Major platforms in this space even let players buy crypto directly on-site by using VISA and Mastercard. That means no need to hit up an exchange or deal with complicated transfers — just load up and start playing.

Binance Coin (BNB) Offers Speed, Security, and Lower Fees for Online Gamblers

Binance Coin has been on the rise, and with the Pascal hard fork scheduled for March 20, it is about to become even more powerful. This upgrade will enhance Ethereum compatibility, introduce native smart contract wallets, and boost security.

For online casinos, this is huge. Many gambling platforms already accept BNB due to its low transaction fees and fast processing times, but with these improvements, it could become an even stronger alternative to Ethereum for blockchain gaming.

Cronos (CRO): A Blockchain Built for the Gambling Industry?

Cronos is also in the spotlight this week, with a major governance vote set to decide the future of the Cronos Strategic Reserve. If approved, this proposal would reverse a massive 70 billion token burn from 2021, allowing those tokens to be used to support the network.

For online casinos that rely on the Cronos blockchain, this could be a turning point. Cronos is already known for its high-speed transactions and low costs, making it a popular choice for gambling platforms that want to avoid Ethereum’s high gas fees. But if the network suddenly introduces 70 billion new tokens, some investors worry that the increased supply could dilute the value of CRO.

The vote is close, with just under 46% of participants in favor and 44% against. If the proposal passes, it could provide funding for further casino-related blockchain innovations, such as provably fair gaming algorithms and new DeFi-based gambling mechanics.

ZetaChain (ZETA) Could Be a Revolutionary Step for Cross-Chain Application

ZetaChain has been making waves in the crypto community, though not always for the right reasons. Its price recently hit a record low of $0.2070, dropping over 92% from its all-time high. One of the biggest reasons for the decline is that the total value locked (TVL) in its ecosystem has plummeted from $20 million to just $13 million. Additionally, ZetaChain has a circulating supply of 731 million tokens, with a total supply of 2.1 billion, making it highly dilutive.

Despite the price drop, ZetaChain still has a significant role to play in the online casino industry. Its main appeal is its cross-chain compatibility, which allows users to make transactions across multiple blockchains without needing wrapped assets. This could be a game-changer for crypto casinos that want to offer seamless deposits and withdrawals in different cryptocurrencies.

What to Expect for Crypto in Future Online Gambling

At this point, crypto casinos are not just some niche experiment. They are growing fast, and more platforms are switching over to digital currencies every day. Some casinos are even ditching traditional payment options entirely and operating exclusively on blockchain technology.

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