Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
5 Best Crypto Coins for Online Casinos
Playing with crypto at an online casino is an increasingly popular pastime for many cryptocurrency holders or casual players. These web-based platforms function similarly to traditional web-based casinos. However, they allow you to deposit, gain, and withdraw crypto at numerous games, including Blackjack, Roulette, Poker, slots, etc.
Some players have problems choosing the best cryptocurrency for an online crypto casino games. As you may know, the crypto market is prone to intense volatility and unexpected turns of events. This means that the crypto you choose to deposit may change drastically in value by the time you withdraw your gains. Therefore, you must do your due diligence and research countless coins to find out. But, since you most likely don’t have the time or energy for that, we did it for you.
Here are the 5 best crypto coins you can use at online casinos:
Bitcoin
Bitcoin is the most popular cryptocurrency in the world and a powerhouse in the crypto industry. In fact, the king crypto is so powerful that its value trajectory influences those of almost all altcoins. Most altcoins start trending in the green when the BTC price goes up. Conversely, most digital assets lose their previously hard-earned gains when BTC goes down a slippery slope.
Bitcoin casinos are popping up across the internet like mushrooms, trying to accommodate the increasing demand for crypto gambling services. Most of these platforms allow you to deposit, gain, and withdraw BTC. Choosing one is difficult, but you can always opt for the casino with the highest deposit and withdrawal limits. This way, you’ll pay smaller fees for larger deposits and withdrawals than on other websites.
Ethereum
The second most popular crypto in the world may have had its ups and downs lately but remains a strong digital asset. Ethereum took a significant slice of inspiration from Bitcoin’s success story. In return, it became solely responsible for inspiring and supporting the development of thousands of altcoins.
Ethereum has a solid reputation in the crypto industry and a large audience of coin holders and supporters. That’s why websites where you can play with crypto, accept ETH deposits and withdrawals. More importantly, they allow players to win Ether in various casino table games or P2E activities.
Litecoin
Litecoin surfaced in the cryptosphere in 2011, less than two years after Bitcoin but four ahead of Ethereum. Technologically, this coin is very similar to Bitcoin, albeit it lacks the popularity, traction, and adoption of BTC. Many industry experts predicted Litecoin would become Bitcoin’s principal competitor for several years. However, all of that changed when Ethereum entered the scene. Nevertheless, Litecoin remains a reliable cryptocurrency with a loyal user base.
Considering its long history in cryptocurrency, Litecoin is a favorite coin for many crypto casino players. In fact, almost all crypto gambling platforms accept LTC for deposits and withdrawals. You can increase your Litecoin holdings by winning at Blackjack, Baccarat, and slots in many crypto casinos.
Ripple’s XRP
XRP has one of the most interesting origin stories in the crypto industry. Its parent company, Ripple, designed it as a fully practical cryptocurrency that would facilitate money transactions between banks. Unlike the crypto examples above, XRP does not entirely aim to replace the traditional financial system. Instead, it seeks to help it evolve to the point where a merger with blockchain technology is seamless and all-around convenient.
Ripple’s XRP has fallen out of the limelight in recent years. The increasing number of altcoins and their numerous utilities has forced XRP to take the backseat in the crypto evolution vehicle. Nevertheless, the coin still benefits from far-reaching support and countless users. That’s why most online casinos list it as a viable cryptocurrency when gambling with crypto.
Tether
Our last pick of the best crypto coins you can use in online casinos is Tether, the first and best-known stablecoin in the crypto world. The thing that separates it from the other cryptocurrencies in this list is its pegged value to a fiat asset, USD. This means that Tether’s value mirrors USD’s real-world value on the blockchain. Moreover, it does not respond to intense market volatility, giving holders a more secure asset for crypto transfers.
Most online casinos allow players to deposit and withdraw Tether, thanks to its USD-pegged value. Beginners will find it easier to use this cryptocurrency because its value remains close to that of the US Dollar. Therefore, they can rely on popular and highly useful crypto for playing casino table games.
Where to Play with Crypto at an Online Casino
Now that you have a good selection of cryptocurrencies, you must pick a crypto casino. Your best choice is, undoubtedly, an online gambling platform that accepts all of these coins and many more. In this regard, you cannot go wrong with Bitcasino, the world’s first crypto-led licensed online casino.
Bitcasino is a highly secure online casino with one of the largest selections of table games, slots, and P2E applications. The platform has the industry’s highest deposit and withdrawal limits and employs high RTP (Return to Player). This feature enables people to gain higher rewards than at most crypto casinos.
You can easily register at Bitcasino and deposit in your cryptocurrency of choice, including Bitcoin, Ethereum, Litecoin, Ripple, Tether, and others.
And, if you hurry up, you can participate in Bitcasino’s three-round raffle, rewarding players with VIP tickets to this year’s World Cup in Qatar. The raffle takes place between June and September, giving three lucky players the chance to attend a last-16 match, a semi-final, or the grand final.
The World Cup VIP experience winners will get to bring a guest on a unique and luxurious trip to this year’s most anticipated event in sports. The prize includes business-class flights and 5-star accommodation in Qatar, a cruise aboard Bitcasino’s exclusive yacht, and a meet-and-greet dinner with match ambassadors.
Furthermore, Bitcasino will reward 25 other lucky players on each round of the raffle with iPhones, iPads, Airpod Max headphones, and USDT rewards. Every draw will be streaming live, and you can join the raffles by opting in and depositing to get a ticket. Each player can collect a maximum of one ticket per draw. So, register and deposit any of the coins above, and play to win a VIP experience money cannot buy.
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