The cryptocurrency craze shows no signs of slowing down.
From buying Tesla cars to booking flights across the world, it seems as though you can now do anything you like with your crypto. Before long, it’s entirely possible that cryptos will become the default currencies of society.
Unsurprisingly, one of the main activities that people like to do with their crypto is gambling. Specifically, crypto owners often like to gamble in online casinos.
Some online casinos now accept crypto
It came as a shock to the crypto industry when several online casinos started to accept crypto a few years ago. For instance, popular casinos, from table games to jackpot-style games like slots, are now letting players wager bets with currencies such as Bitcoin – as well as paying out people’s winnings in crypto. Many crypto casinos also offer crypto jackpots that players can try to win, which range from small to massive.
A crypto jackpot is the largest win possible for a jackpot-based game that allows people to play with cryptocurrency, such as slots. Of course, they vary in size; some are huge prizes that players can attempt to win monthly or perhaps quarterly, while others are small jackpots that might be available to win daily (or sometimes more than once every day, depending on the casino).
Crypto jackpot casino games on the higher quality side, like those available at CafeCasino, might also offer different online jackpot types, the main kinds of which are:
· Fixed jackpots
· Progressive jackpots
· Network progressive jackpots
· Wide area progressive jackpots
· Local jackpots
The reason why online casinos have started accepting crypto is that they see the future potential that it has. It’s better to stay ahead of the curve by accepting crypto now rather than remaining behind it. After all, it’s highly likely that most major online casinos will accept crypto by 2030, which means the ones who already do will have given themselves a major advantage in the market.
How do I use crypto in an online casino?
Don’t worry. The process is a piece of cake.
Whether you’re a complete gambling beginner or someone with previous experience, let’s quickly run through the steps you need to take in order to gamble in an online casino using crypto.
1. Join an online casino that accepts crypto
As mentioned in the introduction, you first need to join an online casino that accepts crypto (as not all of them do). If you join a casino that doesn’t accept crypto, you’ll be stuck!
Also, make sure to join an online casino that accepts your specific crypto. This step is incredibly important.
For example, if you want to gamble with dogecoin, don’t join an online casino that only accepts Bitcoin, as this would be a waste of time. In this instance, you would need to search for a dogecoin-specific online casino.
Once you find the online casino you’re looking for, make an account with them. The sign-up process will typically involve providing your name, proof of age, and other important information. Usually, this process will take around 5 minutes – no longer.
2. Deposit your funds
Once your account is finally set up, then the next step is to deposit your crypto funds into it.
To do this, you need to go to the cashier page of your online casino. From there, select ‘deposit’ before choosing the specific crypto that you want to deposit. You will then see a blockchain address appear – copy it and paste it into your crypto wallet. After doing this, you can then start the transfer by selecting the amount of crypto (e.g., 0.01 Bitcoin) that you wish to transfer to your online casino account.
Pro tip: only transfer a number of coins that you’re comfortable gambling with. It’s not a good idea to transfer all of your crypto tokens to an online casino. Instead, you need to calculate how much you can afford to gamble first!
3. Start playing games
Once your deposit has successfully been made, the fun can then begin!
Make sure to browse through your online casino to see which games are on offer. If you have previous experience with any casino games (such as slots), then it’s best to play those games first so that you can ease yourself into them.
Usually, most online casinos allow you to play ‘trial’ versions of games first. This is where you don’t gamble any money or crypto at all – instead, you simply play for nothing so that you can learn the ins and outs of a specific game. It’s a great strategy to use if you want to get plenty of practice before playing with crypto.
4. Withdraw any winnings you earn
At some point, you’re likely going to win when playing an online casino game.
When this does happen, you’ll want to withdraw any winnings you earn. To do this, you once again need to go to the cashier page of your online casino and select ‘withdraw’. After doing this, you’ll need to fill out a quick form (detailing how much you want to withdraw) before then providing your unique crypto wallet address. Unless there’s a technical problem, the crypto should then transfer straight over to your account – no fuss, no hassle.
If any problems do occur, all you have to do is contact your online casino’s customer service, and they’ll be sure to help you.
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Source: https://www.thecoinrepublic.com/2022/10/27/how-to-use-crypto-in-an-online-casino-easy-guide/