Best Crypto Gambling Sites

What is crypto gambling

Crypto gambling involves using the blockchain and cryptographic methods to allow players to bet on original casino games with cryptocurreny payment methods like bitcoin and ethereum. The reason crypto gambling is so popular is because transactions cannot be tracked and they offer lower deposit and withdraw fees than other providers.

Types of cryptocurrency

The blockchain holds millions of different types of crypto but the biggest and most integrated are bitcoin and ethereum these have made there way into millions of businesses as a way of collecting payments.

Crypto payment fee

Crypto fees specificly ethereum uses gas fees which are paid to miners or validators for processing and confirming transactions. These fees are measured in gwei and is a small percentage of the transaction value. 1 gwei equals 0.000000001 ETH.

Security and licensing

Handling crypto on a gambling website requires wallet management (cold storage and hot wallets), encryption of data, two-factor authentication and secure APIs. Some gambling sites may require proper licenses like money transmitter, AML/KYC and GDPR for data protection.

Types of Crypto Gambling

When doing online gambling players will be given the option to deposit funds using crypto, like any other currency the balance can be used as normal and players will be able to bet on casino games, sport events and slots.

Slots

The majority of slot games are provided by third party companys with the biggest been pragmatic who developed the most popular slot game sweet bonanza. Pragmatic allows crypto integration allowing players to bet using cryptocurrency.

Poker

Many poker specific sites allow players to play against each other using crypto but other non poker dedicated sites like bc.game have integrated poker by allowing you to verse the computer.

Sports

Sportsbetting is a humongous industry growing larger everyday and within the crypto space its only fair to say stake is one of the biggest crypto betting sites currently available.

Casino games

There are quite alot of options when it comes to casnino games players can choose from live interactive games like the crazytime wheel where you can chat and interact with the host or players can decide to play offline games like towers and mines where its fast paced gambling with no interruptions.