For years, online casinos have been gaining popularity (Chumba Casino alone now has over 1 million monthly users). At the same time, crypto investment has gone through the roof, with Bitcoin having recently surged to an all-time high. So, it was only a matter of time before these two phenomenons combined together to create crypto casinos, which are now a big hit on the internet. Every week, countless people jump online, deposit their crypto into a casino, and then dive into games like online slots. Not only is this a lot of fun, but there’s also the opportunity to win some crypto back, which is the main goal for most people. If this is something that you want to give a shot, you can — and this guide has got all the helpful information you need.
How to Join a Crypto Casino
When it comes to joining a crypto casino, you have two options:
Crypto casinos
Social casinos
In most cases, crypto casinos and social casinos are available in website and app form. Whichever you want to join, you can visit the site or download the app, choose the ‘Create an Account’ option, confirm that you’re above the legal gambling age, and your account should be fired up and ready to go within a matter of minutes.
What’s interesting about these two different types of platforms is that they come with their own advantages. Let’s unpack them so that you can figure out which type of online casino is right for you.
Crypto Casinos
It’s estimated that there are up to 1,000 crypto casinos on the internet. That’s an overwhelming amount of choice, even for experienced players. Of course, nobody has time to join them all, so it’s recommended that you get started with one of the popular crypto casino sites out there, such as Wall Street Memes, 7Bit Casino, or CryptoSlots. Usually, no matter which crypto casino you join, you’ll have the freedom to play with a variety of different cryptocurrencies, including market leaders like Bitcoin, Ethereum, and Dogecoin. Whichever crypto you’ve personally invested in and want to play with, you’ll need to transfer it (via your crypto wallet) to the unique address provided by the casino. In most cases, the crypto will then appear in your casino account within a matter of minutes, enabling you to get started. And if you manage to place some successful crypto bets, the crypto you win back can then be withdrawn to your personal crypto wallet or exchange whenever you feel like it.
Social Casinos
Social casinos are a different type of online casino where the focus is on having fun and interacting with other players.
The key difference for crypto investors is that you don’t actually bet any cryptocurrency while playing inside social casinos. Instead, you deposit crypto in exchange for ‘Sweeps Coins’, which you can use to play all of the different casino games. Anyone who successfully wins enough ‘Sweeps Coins’ will be given the option to redeem those coins for a variety of awesome prizes, such as cryptos, gift cards, and merchandise. The best thing about this is that because you’re exchanging your crypto for virtual coins with no real-world value, it means that social casinos like Chanced Casino, Pulsz, and WOW Vegas can be legally accessed from every US state except Idaho, Nevada, and Washington.
Crypto Casinos vs Social Casinos: Which is Better?
If you’re a player who wants to place direct cryptocurrency bets when playing games like slots, roulette, and video poker, then crypto casinos are the best option for you. However, if you’re more interested in having a fun “social” while still having the opportunity to win crypto prizes, then join a social casino instead. With social casinos, you also tend to get a lot of bonuses, such as the latest bonus from Chanced Casino.
These bonuses help to improve the overall casino experience while also providing you with extra coins to play with, which is always a good thing.
Is Crypto Gambling Legal?
In most places, crypto gambling is viewed just like regular gambling, which is why crypto casinos are 100% legal. However, it’s always a good idea to double-check their current legal status in the state or country you’re playing from, just in case. As of right now, there’s no federal law in the US that prohibits crypto gambling. At the same time, crypto & Bitcoin casinos remain legal in Canada, the UK, and most other countries, too. The reason for this is because cryptocurrencies aren’t considered ‘real’ currencies by governments, who have zero control or regulatory power over them anyway.
