From a security perspective, bitcoin casinos have a distinct advantage: they keep their gaming activities safe from the eyes of regulators. After all, nobody wants the long arm of the law in the form of various authorities snooping around in their personal casino accounts. Bitcoin offers the level of anonymity needed to protect you from government encroachment. It keeps your account balance private from third parties.
Protection from criminal interference is also a concern. Many players' casino accounts are often very vulnerable to attacks by malware, adware, trojans, keyloggers, etc. When you play for real money at a bitcoin casino, you do not reveal any personal information about your identity or even your account. So always make sure you keep your bitcoin wallet password safe.
Despite everything, when choosing a bitcoin casinos, you should always make sure that the provider has a valid license. Because Bitcoin casinos are not currently required to be licensed by a supervisory authority, there are always some fraudulent providers on the market.
Playing with Smartphone: Bitcoin Casino Apps
While there are now countless options for online casinos, the selection of good app versions of these crypto casinos is still quite small. Additionally, if you only want to play with cryptocurrencies, this can significantly reduce your options. Still, there are some excellent online casinos that work flawlessly as a native app or web app on both iPhones and Android devices. This gives you some excellent options for playing on the go while waiting for appointments or going shopping.
We recommend only using apps from Mobile casinos that have been in operation for at least 5 years and have an impeccable record of honesty and fairness.
By the way: Most of these mobile BTC casinos also accept alternative coins like Ethereum, Litecoin, Dash, Dogecoin or Monero.
New Bitcoin Casinos 2022 – how do I find the right one for me?
Nowadays internet casinos offer a wide range of bitcoin slots to choose from. A good tip for newcomers is to try the demo version of a slot you are interested in first without registering. Make sure to only play at reliable bitcoin casinos.
To make sure a bitcoin casino is reputable, look out for a few things:
- license
- Reputation & Ratings
- customer service
- Bonus Offers & Wagering Requirements
Alternative cryptocurrencies for casino deposits
Online casinos have also understood that cryptocurrencies have long since ceased to be limited to Bitcoin. In order to give players greater freedom in choosing their payment methods, many of the Bitcoin casinos now also offer alternative cryptocurrencies for deposits and withdrawals.
At FortuneJack, for example, you can choose from eight different cryptocurrencies:
- Bitcoin (BTC)
- Litecoin (LTC)
- Ethereum (ETH)
- Dogecoin (DOGE)
- Bitcoin Cash (BCH)
- dash
- ZCash (ZEC)
- Monero (XMR)
Other cryptocurrencies that emerged from Bitcoin
The bitcoin was not only a trendsetter that started a wave of cryptocurrencies built on a decentralized peer-to-peer network. It also became the de facto standard for cryptocurrencies, inspiring an ever-growing following.
In 2021, more than 4,000 active cryptocurrencies have already been recorded. While many of these cryptocurrencies have little to no following or trading volume, some enjoy immense popularity among dedicated communities of supporters and investors. Arguably the most well-known Bitcoin alternative is Ethereum, which has the second largest market cap in the crypto market. Other popular Bitcoin alternatives currently include:
- Ethereum/Ethereum 2 (ETH)
- Bitcoin Cash (BCH)
- Stellar (XLM)
- Binance Coin (BNB)
- Dogecoin (DOGE)
- chainlink
- Tether (USDT)
- dash
- Cardano (ADA)
- Polka dot (DOT)
- Monero (XMR)
- Litecoin (LTC)
- THETA3
Bitcoin: anonymous, tamper-proof and inexpensive
Whatever you may think about bitcoin as a cryptocurrency, no one can seriously deny the popularity and trust this currency has gained in such a short span of time since its inception. The biggest role in the success story of the BTC certainly played the fact that a currency was now working in a completely decentralized way for the first time. Bitcoin is not controlled by any bank or government and allows traders and buyers a huge degree of anonymity.
But first, let's take a step back and take a closer look at the history of bitcoin to better understand its benefits for casinos and not least for players.
