cryptocurrency developed by Binance exchange
Cryptocurrencies have made a tremendous revolution in the gambling world as soon as they appeared in every game as a form of payment. Punters have experienced colossal advantages in processing transactions with cryptos and the payment system has not been the same since their appearance on casino websites. First of all, cryptos made sure to protect every transaction on maximum levels with the help of blockchain technology. Also, they have made it possible to carry out withdrawals within seconds and hide the anonymity of every player. Due to these reasons, a great number of users have switched to gambling with cryptocurrencies.
The first-ever crypto was obviously Bitcoin and it is the most frequently used one nowadays. However, as people saw such enormous opportunities, they have decided to establish more and more cryptocurrencies, and as a result, we are seeing all kinds of new cryptos. Binance Coin is one of them since it was founded in 2017, but gained huge popularity in the following years. Down below, we would like to talk about the benefits of gambling with Binance Coin and show you some of the best crypto casinos where you can do so!
What Is a Binance Coin?
Binance Coin is a cryptocurrency that was established by the Binance exchange and it operates the transactions with the BNB symbol. Today, it is the biggest exchange in the world considering the daily trading volume of cryptocurrencies as it carries out nearly 1.4 million payments every second.
The initial objective of creating the Binance Coin was that it should be used as a utility token for rebated trading fees, but people started benefiting from it in various ways, and it was not long after that the gambling industry showed an interest in it. As a result, we witness an immense growth of casino games that include the Binance Coin as a payment method.
Benefits of Gambling With Binance Coin
Before listing some of the top casinos where you can play games with the Binance Coin, we would like to talk about some of the advantages of doing so. Below, you will see why it is better to go for this crypto in the majority of casinos.
Biggest Crypto Exchange
Binance is currently the largest exchange crypto in the world. It is mainly because of its ability to ensure highly protected transactions. Along with blockchain technology, Binance also utilizes two-factor authentication of every payment in order to prevent any kind of cyber attack, so it is pretty much impossible to steal your money.
Moreover, you are able to keep your coins in a safe wallet provided by the Binance exchange which is also very difficult to hack for every cyber-criminal. There is also an app for the Binance wallet that you can download on your smartphone.
Fast Transactions With Low Fees
The Binance exchange allows every customer to withdraw funds from casino websites with very limited fees. The Binance Coin is generally cheaper compared to other cryptos such as Bitcoin and Ethereum since it is made of the Binance Smart Chain. While you have to pay as low as 0.02% fees usually, most platforms do not even include any kind of additional payment.
Furthermore, unlike traditional currencies, it does not take more than a few minutes to withdraw funds with Binance Coin on every casino website. This means that you don’t have to wait for a while for your funds to be visible on the balance.
Top Casinos With Binance Coin
Nowadays, you can find some of the best casinos that feature Binance Coin as a form of payment in the majority of their game sections. Besides the reasons mentioned above, customers are able to receive discounts and commissions when gambling with Binance Coin. Below, we are going to briefly review some of the top platforms with Binance Coin.
Winz.io is a fascinating gambling platform that offers a wide range of services to every user. Considering the fact that it is a completely licensed casino by a trustworthy regulator, you are able to gamble there without worrying about anything. Also, it includes a colossal game lobby containing high-class slots, live casino games, and different collections. Various lucrative bonuses are waiting for you there and moreover, Binance Coin is supported in every game of this platform!
Cloudbet is also a pretty attractive destination for every crypto lover. It is licensed by a top regulator as well that operates under the laws of Curacao, meaning that you are protected from any kind of fraud and manipulation. As for the game library, you will encounter dozens of popular titles in every segment and most importantly, the majority of them accept cryptocurrencies including Binance Coin. Anonymity is highly secured as well on this platform making it possible for you to play without revealing your identity.
Chipstars has a very good reputation among punters all around the world as we have read in their reviews. This is induced by the high-quality services that Chipstars offers to every visitor starting from the colossal game library. There are different kinds of slots, live dealer games, table games, poker games, and so on. One more attribute that makes this casino stand out is that the overall design of the website is superb as it contains eye-catching graphics and visuals. So, every player will have an amazing time gambling on this platform!
Betnomi also has a pretty reputable name as we hardly found complaints or negative reviews regarding their services. It is an entirely regulated platform that provides a lot of beneficial proposals in terms of bonuses and promotions. What’s more, apart from other cryptos, the majority of its games support Binance Coin as a form of payment also. Hence, you have the opportunity to gamble here without being worried about safety and reliability and process highly secure transactions in a split second.