Innovation in Gambling: What Sets New Crypto Casinos Apart?
$5,000 Welcome Bonus
Crypto prices go up and down all the time. But what remains constant is crypto’s adoption by industries like e-commerce, finance, and online casinos. The iGaming industry, in particular, loves Bitcoin and altcoins.
In the last few years, the number of casinos accepting Bitcoin has risen sharply. What are new crypto casinos doing differently? Is it time you spent some of your BTC to play online slots?
Generous Bonuses and Promotions
Crypto casinos are extremely generous with their bonuses. Picture this. The standard online casino welcomes you with a 100% matched bonus worth a maximum of $100 or $200. To be clear, you can play dozens of slots with a $100 bonus.
You can play an even higher number of casino games if you join a Bitcoin online casino with welcome bonuses. Most of them match your first deposit 100% for a maximum of 1BTC to 5BTC.
1BTC is worth $27,000 at the time of writing. Most slots have a minimum betting limit of $0.10, meaning you could use your crypto casino bonus to play hundreds of slots.
Of course, you could also spend your money on high-stakes poker, blackjack, or roulette. Just ensure you’re good at these games. Some of them require top-notch strategies and skills to win.
Provably Fair Crypto Games
Many crypto casinos feature slots and RNG table games built on blockchain technology. The blockchain is a decentralized ledger of records with tip-top security, unmatched transparency, and immutability.
Some blockchains also allow developers to create trust-free apps, games, and websites. Ethereum is an excellent example. It hosts more than 3000 decentralized apps and games, including slots.
Blockchain-based slots show you proof of fairness. They show you the seed algorithm used to trigger winning symbols. This way, you’ll have no doubts about whether you won fairly.
Now, online casinos haven’t adopted blockchain technology fully. The number of crypto slots is still small. Nonetheless, these games give you a chance to spend your BTC and Ethereum on 100% fair casino games.
Quick Payouts
If you’re like many casino players, you love sites with quick payments. New crypto-betting sites provide quick banking for both deposits and withdrawals. Bitcoin, the most popular cryptocurrency in the world, processes payments within 10 minutes.
Ethereum completes transactions at an average of five minutes. Some altcoins—Ripple; Solana and Polygon—require less than a minute to complete a payment. For clarity, digital currencies offer fast transactions regardless of your amount.
Additionally, they have low fees. Sometimes Bitcoin and Ethereum’s fees can be high when there’s a high demand for processing transactions. But if you pay through altcoins like Solana, the charges tend to be negligible.
Crypto is an especially excellent payment method when withdrawing money from an online casino. It allows you to receive your money on the same day. By comparison, casinos take at least 24 hours to process withdrawals made through PayPal, Visa, and other conventional methods.
Transparency
Cryptocurrency is all about transparency. As such, it shouldn’t come as a surprise that new Bitcoin casinos have transparent policies regarding games, bonuses, security, and data privacy.
Transparency gives you confidence in an online casino. More importantly, it helps you make informed decisions. Let’s say you want to claim a crypto welcome bonus.
Before you deposit 0.1BTC to receive an equivalent reward, you want to learn more about its wager requirements, withdrawal limits, and game weighting. The best crypto casinos make this information available. More importantly, they have fair terms.
Transparency is even more important in the banking process. No one wants to lose their money. So, it’s important to find a casino with clear deposit limits, withdrawal times, and fees.
Usually, most Bitcoin casinos support a minimum deposit of $10 and a maximum of $100,000. The maximum limit is a lot higher than the $10,000 set by digital wallets and credit/debit card companies.
Crash Gambling Games
Crash gambling games have been making headlines a lot lately. But did you know you need crypto to play these games? For the uninitiated, crash gambling games are centered on real money and multipliers.
Let’s use Aviator as an example. This simple game of chance lets you simulate flying a plane on a line graph (think of trading graphs). The graph features multipliers at the top and betting icons at the bottom.
Once you place your bet and hit play, the plane flies linearly. You determine when to take profits. But keep in mind the plane can “fly away” at any moment. That means you make money only if you cash out at the right time.
Crash gambling games are a new thing in the iGaming space. But they’re growing rapidly. That’s because they’re exciting to play. And if you’re lucky, they can help you win up to 200x your stake. All you need is luck.
The Best of Both Worlds
Another thing that sets new crypto casinos apart is that they give you the best of Bitcoin gaming and the best of fiat money casino gaming. Think about it. Most crypto casinos support popular currencies like the euro, dollar, and British pound.
In doing so, they allow you to deposit through Visa or PayPal when it’s convenient for you. They also allow you to play a wide variety of slots and table games. Many of the best slots are yet to embrace crypto.
You need dollars and euros to play slots like Money Train 3, Big Bass Bonanza, and Mega Moolah. Similarly, you need fiat currencies to play most live casino games. Live gaming connects you with human opponents through a virtual environment.
New Customer Service
New crypto betting sites must work hard to impress the iGaming community. Otherwise, they risk collapsing into oblivion. To attract customers, the best BTC casinos provide reliable customer service 24/7.
They have staff members who communicate with you through live chats. These employees help solve your issues quickly so that you can get back into gaming. When live chatting is unavailable, you can contact support through emails, social media, or phone calls.
