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Complete guide to cryptocurrency gambling

source-logo  chepicap.com 30 January 2019 11:05, UTC

It is quite easy to find an online casino that has listed at least one cryptocurrency in its list of banking options. There are multiple reasons for this – speed, convenience, demand, anonymity, the list goes on. In this guide, we will simply explain what you need to be on the lookout for when searching for the right online casino, as well as how it all works.

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How to get started

You will first need to find a reputable casino that offers your preferred cryptocurrency. Once you have found one, you will need to check whether the casino is licensed or not. A casino that does not have a valid license, that allows it to legally offer its services to you, is not safe. You should not play at such casinos because they will most likely scam you in one way or another.

Even if a casino has a license, you need to make sure that it is by an authority that has a say in your jurisdiction. For instance, if you are a player from the US and you find a casino licensed by the UK Gambling Commission, it is indeed a legally operating one, however, not in your jurisdiction. Of course, most casinos simply do not allow players from such countries to register or even access their website but most is not the same as all. This means you still need to be vigilant.

Another important thing to be on the lookout for is the security and customer support at online casinos. If a casino is licensed by a reputable gambling authority, then it is secure for sure, but if it is licensed by a less strict gambling authority it may have security issues. You should be able to tell the difference right away – right next to the website’s address, your browser should display whether a page is secure or not.

In case you cannot tell that way, you might want to contact the casino’s support team. Generally, it is a great positive if a live chat feature is available to non-registered players, and so, most reputable casinos nowadays offer it. This way you can immediately get in touch with the team and get answers to all your questions.



You will be able to play at many casinos that accept cryptocurrencies right on your mobile device as well. All reputable casinos have highly adaptive websites that can be used on any device, with any operating system, and any browser. You will be granted the same level of functionality, speed, and security right in the palm of your hand.

Games at casinos that accept cryptocurrencies

If you care most about a casino’s library of games, then checking which providers power a given casino will be worth your while. Different software suppliers offer different types of games, with different payouts and features. You should be able to find all sorts of games if you have picked a trustworthy online casino. Most casinos will have a library of at least 1,000 games, though that largely depends on your jurisdiction. Most of the games will be slots – video slots, classic slots, progressive jackpot slots, all kinds.

Of course, along with slots, you will always find some table games – blackjack, roulette, poker, and so on. Most casinos offer a ton of variations of blackjack and roulette. You will be able to find all sorts of roulette variation in the live casino section as well. European, French, American, and many other versions of roulette will be available to you. There are many new variations like Lightning Roulette, Age of the Gods Roulette, and others.

There will also probably be a section entitled ‘Others’ or something along those lines. This section features games such as keno, bingo, scratch cards. and so on. If you are looking for video poker you might find it in the Table Games section, or in its own separate section.

Registration

When it comes to online casinos, the most painfully annoying thing is the lengthy registration and authentication process. You will need to provide personal details and prove your identity. The registration process itself will probably take you less than 5 minutes but the authentication part is a different story. It might take quite some time for the casino’s team to confirm your identity.

However, there is another option – currently, there are no-registration casinos that operate mainly with Bitcoin, though such with other cryptocurrencies can also be found. This eliminates the waiting period and allows you to start playing right away. It is worth remarking that such casinos are unfortunately scarce at the moment, especially licensed and reputable ones.

Deposits and withdrawals

Depositing and withdrawing at an online casino is basically the same as making any payment online – instant. Of course, some casinos will require prior authentication, especially when it comes to withdrawals but that is an anti-fraud measure, so it is worth the wait.

Something else you may encounter when using cryptocurrencies to play at online casinos is fees. Usually, casinos will disclose whether or not they charge a transaction fee right on their banking page where players can easily see it. However, that is not always the case, so make sure you are aware of all applicable fees.

The processing time might also vary from casino to casino. Usually, withdrawals are lengthier and will take at least 24 hours. That is not the transaction time itself but the time the casino needs to process your withdrawal request and get the funds on their way to you. This can take some time because the operator needs to make sure that the funds you are trying to withdraw have been earned fair and square and will get to you safely.

Conclusion

If you choose to play at online casinos with any cryptocurrency, you will benefit from speedy deposits and, in most cases, a complete lack of fees. You can make sure that you have a great experience playing by following the instructions in this guide. It is important to make sure that the online casino you wish to play at is licensed and secure, but it is also important to check whether you will be able to have a good time at it. After all, that is what gambling should be about – fun. Play responsibly!

Disclaimer: This article is sponsored content. Chepicap has not written this article, nor do we endorse any content within the article. It should be clear for readers this is not investment advice. As always, do your own research.

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