crypto use cases in iGaming

Blockchain technology and legitimate cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), DogeCoin (DOGE), Litecoin (LTC), Ripple (XRP), Tether (USDT), and Solana (SOL) are now more mainstream than ever, and can now be used as a viable deposit and withdrawal option on a growing number of fully licensed and regulated iGaming sites. 

Let’s dive straight in and take a closer look at how cryptocurrency can help revolutionise the iGaming scene over the coming years. 

How are blockchain technology and cryptocurrency helping revolutionise the iGaming sector?

Blockchain technology and cryptocurrency are helping to shape the iGaming industry in more ways than one. From a bettor’s/player’s perspective, cryptocurrency has many benefits at online sportsbooks, dedicated poker sites, bingo & lottery sites, and online casinos. 

Here are some of the main ways that blockchain technology and cryptocurrencies are helping to revolutionise the iGaming scene across the globe, improving the gaming experience for players:

  1. Accessibility – iGaming sites are now more accessible than ever, thanks to the numerous operators that have recently started accepting one or more cryptocurrencies as a viable payment method in their cashier/banking sections. People who prefer using the crypto payment method can now enjoy playing at hundreds of trusted UK bitcoin casinos and many other crypto-accepting casinos that cater to players in other parts of the world
  2. Provably fair games – Thanks to smart contracts used in crypto games, the true randomness of the games’ outcomes/results can be verified by players, something that simply isn’t possible in regular computer-generated online casino games. This exciting new concept fosters a sense of transparency and essentially ensures fairness and randomness in a digital environment 
  3. Decentralised payments – Thanks to cryptocurrencies and blockchain networks, which are decentralised and are not controlled by any governments, online freedom is safeguarded 
  4. Increased security and anonymity – players are not required to enter any personal details or sensitive banking information when using cryptocurrency, which increases anonymity, and the enhanced levels of encryption that are used in crypto/blockchain payments increase security 
  5. Rapid transactions – depositing and withdrawing with the crypto/blockchain payment method is also much quicker than traditional payment methods’ payment processing times, meaning there is never any waiting around for deposits or withdrawals to be processed

Where can I learn more about today’s best crypto casino sites?

One of the most trusted sites you can turn to in 2024 for more information about today’s best crypto-accepting iGaming sites is the globally renowned ReadWrite.com review site, which has a database of reviews for over 15 carefully handpicked crypto casinos. 

Their top 5 suggestions in 2024 include the following trusted brands:

  1. Lucky Block Casino (non Gamstop)
  2. Wall St Memes (WSM) Casino
  3. BC. Game Casino
  4. BetPanda.io 
  5. Cryptorino Casino

Other trusted brands include Metaspins, Inmerion, Vave, Betplay, and Flush. These top crypto casinos are free to sign up to and have thousands of games from some of the industry’s most notable game development studios and software providers. 

Before signing up to any of these sites, remember to read the reviews and then compare them to find out which of these trusted crypto casinos might be more suitable for you based on your style of play and what kind of bonuses you might be looking for. 

Final thoughts

If you decide to register a free account at any of these top-rated crypto casinos from your smartphone, tablet, desktop computer or laptop, don’t forget that secure links to the official sign-up/registration page can be found in each casino’s reviews. 

Simply tap or click any of the links to be automatically redirected to where you need to be. The entire sign-up process should take less than a minute, provided you are of legal age to play at online casinos. 

To deposit with crypto, remember to follow the simple onscreen instructions in your chosen online casino’s cashier/banking section.