Kerryn Boogaard Kerryn Boogaard
Beverly Goldsmith Beverly Goldsmith
Zoe Bingley-Pullin Zoe Bingley-Pullin

Reasons to Use Cryptocurrency Gambling in 2021:

Learn more about cryptocurrency through this article.
By Expert Tips
Date: July 19 2021
Editor Rating:
475 x 315

Gambling coins are enjoying growing popularity around the world. Today, players can use cryptocurrency at most online casinos and bookmakers. This still revolutionary option allows the gaming giants to grow their clientele. As well as expand their own capabilities. These are the very opportunities that CasinoChan opened up when they made Bitcoin betting available.

But if you are not a technician, it's okay for you to know the basics about it. But isn't it worth knowing a bit more?

History of Gambling With Cryptocurrency

First of all, what is cryptocurrency? It is a digital asset that works as a way of exchange, like regular currency. Yet, records of cryptocurrency ownership are kept in the ledger of a computerized database. The idea of ​​paying with cryptocurrency was first born in 1983. That happened shortly after David Chaum introduced electronic money. That was later replaced by Digicash in 1995.

However, in 2009, the first decentralized digital coin called Bitcoin (BTC). Bitcoin is currently the most widespread and most valuable digital coin. This led to the emergence of other cryptocurrencies such as Litecoin, Namecoin, Dogecoin, etc. 

Today, cryptocurrency betting is widely available on most gambling sites. Although availability may vary depending on the player's jurisdiction.

Benefits of Gambling With Cryptocurrencies

Below are some solid tips on why you should speed up your gambling with cryptocurrency:

Unrivaled anonymity

Anonymity is the most compelling benefit of using digital coins when gambling. Digital currencies are available for use without connecting to a bank is a significant plus. Players do not need to disclose their personal and financial details to complete transactions. Moreover, the authorities are still trying to regulate the booming world of crypto gambling.

Safety and Security

Cryptocurrencies actually offer a higher level of security. As stated earlier, with digital coins your personal information is safe. All digital currencies use blockchain technology to store a list of records related to secure cryptography. So, since there are countless copies of transactions, it is impossible to modify or cheat transactions.

Low Transaction Fees

Most crypto casinos charge low or zero transaction fees. Others even offer promotions for players using cryptocurrency payments on the site. This is the complete opposite of the traditional online casino banking methods. In fact, low transaction costs can prove to be a win-win scenario for all parties involved. 

Ultra-Fast Transactions

Low-cost transactions should go hand in hand with fast payments. Well, this is exactly what you will get using cryptocurrency for gambling. Cryptocurrency payments at most regulated online casinos are almost instantaneous. For example, most Litecoin transactions take less than 3 minutes to complete. Bitcoin, the most widely used digital coin in the world, is relatively slow at around 10 minutes. Yet, it is significantly faster than traditional online casino payment methods. Debit and credit card payments can take up to a week.

The Bigger, the Better

This is a very underestimated advantage of using digital coins in gambling. Cryptocurrency payments vary in most online casinos. Hence, players can use any digital money in the vast world of online casinos. Some of the most popular digital coins include:

  • Bitcoin

  • Litecoin

  • Bitcoin Cash

  • Ethereum

  • Dogecoin

  • DASH

  • PIVX

  • NEO and more


As more digital coins appear every day, finding the best cryptocurrency can become a challenge. But if you look closely, it's a sure sign that the world of crypto gambling is about to explode. So, take advantage of these benefits and enjoy any casino game anywhere, anytime.

Share This Tweet This Email To Friend
Recent Comments
0 Total Comments
Post a Comment
* your email address will not appear

Please enter the word you see in the image below:

Post a Comment
* your email address will not appear

Please enter the word you see in the image below:33343

Your Comment has been posted
Cry babies

Dry your eyes!
The newest additions are on their way from the Babies who cry real tears!


Latest Tech Used In Shipping Containers
Read how the shipping industry has revolutionised

Motherpedia cover-2

Win 1 set of a 4-book hardcover illustrated boxed set
Barbara Murray’s new 4-book Sound Stories is perfect for parents and educators and could assist with NAPLAN results

Motherpedia cover (4)

Where to celebrate Oktoberfest Australia
Get ready for this celebration!

Motherpedia cover-4

A Fortnight of Foodie Experiences at East Village
A taste of East Village. What's in it for me?

Globber my too fix up cover

We Try: Globber My TOO Fix Up
A scooter that grows with your child

Throw a winning cricket pitch

3 Steps to a Winning Backyard Cricket Pitch
Ex-Adelaide Oval legend curator Les Burdett shares his tips for getting your backyard cricket pitch test match ready this summer

A bike that follows your kids life cycle - motherpedia - cover

A Bike That Follows Your Kids Life Cycle
Check out the Bunzi 2-in-1 gradual balance bike!

Moonlight lifestyle

Moonlight Cinema to bring…
Moonlight Cinema announces brand new Western Sydney venue

Screen shot 2019-11-26 at 8.29.12 am

Your Magical Christmas Wonderland…
Adventure park is about to light up the night sky with its "Christmas Festival of Lights"

Screen shot 2019-11-21 at 11.11.36 am

The Preston Market Gets…
It's time to feel pumped up for the holiday season!


Bunnings team members get…
Help raise funds by buying a snag or donating at your local store.