What to Consider When Choosing the Right Crypto Casino
The growing popularity of crypto casinos is undeniable, with exponential growth occurring over the last five years. Experts estimate that the industry will further grow to $150 billion by 2030, doubling its current size. What this means for you is that there will be an increasing number of Bitcoin casino options for you to choose from. Crypto expert Pride Kazunga states that crypto iGaming sites are generally the casinos with the fastest withdrawal times. Payout time can sometimes take no more than a few minutes.
These benefits suggest that crypto casinos are the best option for speedy gamblers, but what other factors should you consider before signing up for a casino? Here are some things you need to think about before using crypto to play online poker, blackjack, or roulette.
Security and Licensing
When it comes to online activities, not just gaming, safety and security should be at the top of your list. That is why it is important to choose casinos that are fully licensed by relevant authorities and use secure technologies. In the United States, licensing and regulations are performed at the state level rather than the federal level, meaning casinos have to abide by different requirements depending on their location. However, you can look for casinos that are licensed by recognized bodies such as the New Jersey Division of Gaming Enforcement (DGE), Pennsylvania Gaming Control Board (PGCB), or Michigan Gaming Control Board (MGCB). These agencies are in charge of regulating online casinos in their states.
Another safety net to look out for is transparency, and this is what crypto casinos, such as those that use Bitcoin, thrive on. One of the unique features of blockchain technology is its transparency, as shown on the distributed ledger for everyone to see. This promotes the Provable Fairness Standard in online gaming, which is quickly becoming the transparency standard in online gaming.
Game Variety and Software Provider
A good crypto casino should offer more than just the classic slots. It should have a wide variety of games for you to explore. Not only does this increase your engagement, but it also improves your gaming experience. Games such as immersive live dealerships or live table games can connect you with players from all over the country and beyond, diversifying your experience each time you play.
Additionally, a great crypto casino should promote fairness in two ways; first, by giving players a shot at winning. Avoid casinos that abide by the saying ‘the house always wins’. Top casino software providers ensure that players get competitive Returns to Player (RTPs). Second, by ensuring that the gaming software on a desktop works the same as that on a mobile device. Mobile optimization shows the provider cares about you and your experience, regardless of the device you are using.
Payment Methods and Withdrawal Speed
Convenience is the name of the game. Be it from lifestyle to work to online gaming, we are constantly looking for convenience in all aspects of life; that is why the crypto casino that can offer the best conveniences wins. Although Bitcoin accounts for around 73.3% of all crypto gambling transactions, leading Bitcoin casinos offer multiple crypto payment options that extend beyond Bitcoin (BTC) itself. Some of these include other popular cryptocurrencies such as Ethereum, Dogecoin, Binance Coin, Tron, USDT, Solana, Floki, and the like. Check to see which casino accepts your preferred crypto.
Another factor to consider is the withdrawal speed of these casinos. Seek out only those that offer instant payments. It only makes sense that if your deposits are instant, so too should your withdrawal of winnings.
Bonuses and Promotion
Everyone loves a good bonus. The best crypto casinos offer a variety of bonuses and promotions, such as a welcome bonus for new players of up to 100% matched deposits from a certain amount, free spins for some, cashback offers on select games, and loyalty programs. One of the benefits of being a loyal player is that you get to enjoy even more bonuses that are exclusive to you, lower or no fees, full access to premium VIP experiences, and even regular tournaments and challenges. All of these are aimed at improving your gaming experience. However, it is good practice to read and understand the terms and conditions before claiming any bonuses.
Customer Support and User Experience
Regardless of your level of expertise, a good crypto casino should be user-friendly and be able to offer you any kind of support you may need. This is especially relevant if you are a beginner or do not belong to a loyalty program. Avoid poorly designed casinos that focus only on aesthetics, and instead seek those that offer 24.7 customer support along with guidelines on how to play. Some even go a step further to offer demos. These are the green flags you should be considering.
Conclusion
Choosing the right crypto casino does not have to be a daunting task or a complicated process. Simply keep these things in mind when searching, and you will surely have amazing gaming experiences.