Cryptocurrency has been the major disrupter of the traditional transaction system since its launch in 2009. Online gambling, which was about to complete a decade back then, considered it a fascinating and profiteering opportunity to incorporate cryptocurrencies. Thus, a new era of online casinos started that we know today as crypto casinos.
While gambling with online casinos, gamblers were always suspicious of the casinos for manipulating the game results and charging hefty transaction fees. Plus, there was the risk of malicious attacks stealing away their sensitive information. Crypto casinos promised players the security of funds and fair gambling. The features inherent in the crypto casino, such as anonymity, transparency, and decentralization, give players peace of mind.
Given the prospects of crypto gambling, a large number of crypto casinos have surfaced online, so finding the one that is as trustworthy as rewarding could be a daunting task. This post presents the main points to look for in a crypto casino, along with a short rundown of the most trusted ones, to help gamblers choose the best.
How to Find a Trusted Crypto Casino?
Among various things to identify a trustworthy crypto casino are joining online gambling forums, reading online reviews from gamblers, and visiting the crypto casino review websites. However, three highly desirable features contributing to the credibility of a crypto casino include:
- Blockchain Technology: Crypto casinos operate on blockchain, the technology behind revolutionary cryptocurrency. It uses cryptographic keys to foolproof transactions against any potential cyber threats. Besides, the player identity is kept secret from the prying eyes of hackers and enforcement agencies.
- Peer-To-Peer Transactions: Cryptocurrency transactions take place over crypto exchanges, and the members of the blockchain network confirm them. This peer-to-peer network eliminates the need for third-party gateways and ensures successful, instantaneous, and cheaper transactions. With no centralized authority to regulate the cryptocurrency transaction, tax rules do not apply to the winnings.
- Provably Fair Gambling: The fairness of games is one of the compelling reasons players turn to crypto casinos. Crypto casinos use provable fair algorithm SHA-2 that determines randomness of the game outcomes. It assures players that games are not rigged. Before wagering on a game, players can verify the gameplay fairness by checking the algorithm published on its website.
Which Crypto Casinos Are the Most Trusted?
As you have made through half of this post and learned how to find a trusted crypto casino, now is the time to know about the most legitimate crypto casinos.
- FortuneJack: With a license from the Curacao government, FortuneJack is one of the trustworthy crypto casinos. The casino is known for hosting more than 500 quality games of all varieties from renowned software providers. New players can receive up to 5 Bitcoin (BTC) and 250 free spins as a welcome bonus upon joining the platform. Highlights of the crypto casino are provably fair games, low transaction fees, and mega moolah progressive jackpot.
- BitStarz: Another Curacao-licensed crypto casino is BitStarz, with 1,000+ provably fair games. The casino rose to popularity for its dedicated customer service, live casino, and support for different cryptocurrencies. The welcome bonus can include up to 5BTC + 180 free spins.
- Cloudbet: Next on our list is the highly secure Cloudbet regulated by the E-Gambling Montenegro. The casino has earned a reputation among players for offering a great mix of slot and table games, live casino, and sports betting. It comes packed with features like wide betting limits, an intuitive user interface, and a sign-up bonus of up to 5 BTC + 50 free spins.
- 7Bit Casino: 7Bit Casino carries a license from Curacao, offers high-quality games, and provides up to 1.5 BTC + 100 free spins.
- BetChain: The oldest among all and regulated by the Curacao government, BetChain offers a wide selection of provably fair games and a welcome bonus of 100% up to 1 BTC + 200 free spins.
It is not a comprehensive list, and there are many more crypto casinos that are equally popular and reliable. And some of the bitcoin casinos people love a lot!
Gamblers are moving in large numbers from traditional gambling platforms to crypto casinos to benefit from increased security, anonymity, and accessibility. This massive migration of players led to more and more crypto casinos coming into the business, creating a competitive environment.
In such an extensive market with hundreds of crypto casino, including genuine ones and scammers, selecting a trustworthy casino can make you scratch your head. But it is also true that if you keep the points highlighted in this post in mind and stay smart in your choices, you will find the most trusted crypto casino.