Crypto Casinos

**Fruity Casinos** · 28 July 2022, 11:34 am

I think crypto casinos are slowly taking over. Especially in the UK players are sick of having to send randoms at a casino all of their personal documents just to withdraw any winnings.

**dannyx** · 2 August 2022, 8:07 am

Many Asian bookmakers, known as big-game bookmakers, already offer cryptocurrencies.
However, they all require KYC. However, with some, KYC is probably just a compulsion because I remember once I wanted to verify myself and I quickly sent bad quality photos and they accepted everything.
KYC and Crypto is such a thing between full anonymous and standard KYC and classic payment.

Remember that most (at least bookmakers) even though they are only crypto still require KYC! some 90% I know only a few (3-4) reputable bookmakers who do not require it.

Personally, I think that all gambling, bookmakers, casinos, bingo, poker lotteries are such gigantic niches in the world that bitcoin and other crypto-only casinos will exist and grow side by side as well as casinos without crypto option with KYC.

Certainly bitcoin casinos will grow, as will regular casinos and all gambling

**nanami** · 20 August 2022, 4:28 am

The rate is unstable, but very easy to use as a currency to play in online casinos.
It is easy to play even in countries where overseas remittances are restricted, so we look forward to its future growth.

**SmokyPoker** · 23 August 2022, 7:45 am

Originally Posted by Cleo P

In how many years do you think all casinos would become 100% cryptocurrency? Or do you think is ever gonna happen?

There is no way to know for sure when ?or even if ?all casinos will become 100% cryptocurrency. However, it is definitely possible that this could happen at some point in the future. Cryptocurrency is becoming increasingly popular and accepted, so it stands to reason that more and more businesses will start using it. If casinos do eventually become 100% cryptocurrency, it would probably happen gradually over a period of years.

**jonnymaxwel** · 30 August 2022, 12:37 am

Originally Posted by Fruity Casinos

I think crypto casinos are slowly taking over. Especially in the UK players are sick of having to send randoms at a casino all of their personal documents just to withdraw any winnings.

This situation is not only in the UK, but also in many other countries. With the advent of cryptocurrencies, many financial transactions have become faster and easier. That's why everyone uses it.

**Windstorm** · 15 September 2022, 9:25 am

Deposit and Withdrawal Speed(Japan market)
Transfers to the casino are reflected immediately.
Withdrawals from the casino are generally immediate to 3 business days.

Advantage
Increasing number of casinos available
Fast withdrawals
No or low fees

ecoPayz,iWallet is easy to use for online casino in Japan market

**CoinSpinsMedia** · 24 November 2022, 10:04 am

Hello friends,

As a team of specialists in the online gambling industry, we dare say that the functionality and exclusive bonuses offered by crypto casinos are second to none. The speed and ease with which transfers go through is simply unmatched by other payment methods.

Regards
CoinSpins Media

**CoinSpinsMedia** · 29 November 2022, 8:13 am

I think that crypto payments are way better than the normal Fiat payments. After all regulations in some of the EU countries, the only way to operate on those markets is to have license for the given market or to have a crypto casino(or take the risk ), which is the best way to avoid all documentations and issues to operate.
In my opinion in the next 5 years the majority of the gambling industry will switch to full crypto payments.

**AltGambler** · 14 December 2022, 4:33 am

You won't have to buy bitcoin anymore. It will only get cheaper until it becomes "0". Its mining has become unprofitable. I predict that by the end of 2022 from the great mass of miners there will be only a bunch of ideological fans. And then the 51% attack is just around the corner.

So that's it.

Those who write that everything will get better are people who have cryptocurrency. And at this moment, they're trying to sell it somehow, looking for new "hamsters", who will invest their real money. And accordingly, they'll keep saying that all the good stuff is ahead.

**LowFlyingBird** · 14 December 2022, 5:38 pm

I met a few people at Sigma who lost investments on FTX.

Listen to the warning signs, BTC maxi's tried to warn everyone.
"Not your keys, not your coin"

Assume risks and self custody.

Bitcoin is not crypto and shouldn't be lumped in with CBDC's or any crypto projects of the future.

Anyone else think we've hit the Bitcoin bottom?

Onwards and upwards from here right!!

**simpsonkeith9** · 15 December 2022, 6:46 pm

in general i think crytpo will make a bigger splash in the near future but i think it will take much longer in online casinos

**SlotssNL** · 21 December 2022, 4:50 am

It would be a way to spend for some holders, i dont see it going to be as a big portion of the whole "cake"

**Lola Henderson** · 17 January 2023, 9:46 am

Honestly, I think, the future belongs to crypto casinos

First of all, a lot of usual fiat payment methods are not available for casino deposits and cashout. So, players would like to make deposits via comfortable payment methods, but it is not possible, as payment systems wouldn't desire to get involved with gambling transactions. Also, casinos don't have any influence on this issue, the only solution is to find a new payment system, but, due to my casino working experience, new fiat payment methods are unstable, as usual once.

Secondly, too much state control in that case. As I can see, a lot of players are sick of it.

Thirty, players need to upload a lot of documents to withdraw. For exx, ID, bank statement, photo of credit/debit cards, and all cards, that he/she uses for deposits + the casino can request a selfie with ID. It's so uncomfortable for entertainment and positive emotions that players would like to get, playing in online casinos.

When we are talking about crypto casinos, players are free from transaction issues, a lot of state control, and even verification (or crypto casinos have зartial verification)

However, I would like to mention, that before using cryptocurrency, players will be better to understand how cryptocurrency works

When I worked in a crypto casino, a lot of players didn't know what is transaction hash, so they cannot check in Blockchain the status of their transactions

**xecutable** · 18 January 2023, 1:33 am

Originally Posted by Lola Henderson

Honestly, I think, the future belongs to crypto casinos

First of all, a lot of usual fiat payment methods are not available for casino deposits and cashout. So, players would like to make deposits via comfortable payment methods, but it is not possible, as payment systems wouldn't desire to get involved with gambling transactions. Also, casinos don't have any influence on this issue, the only solution is to find a new payment system, but, due to my casino working experience, new fiat payment methods are unstable, as usual once.

Secondly, too much state control in that case. As I can see, a lot of players are sick of it.

Thirty, players need to upload a lot of documents to withdraw. For exx, ID, bank statement, photo of credit/debit cards, and all cards, that he/she uses for deposits + the casino can request a selfie with ID. It's so uncomfortable for entertainment and positive emotions that players would like to get, playing in online casinos.

When we are talking about crypto casinos, players are free from transaction issues, a lot of state control, and even verification (or crypto casinos have зartial verification)

However, I would like to mention, that before using cryptocurrency, players will be better to understand how cryptocurrency works

When I worked in a crypto casino, a lot of players didn't know what is transaction hash, so they cannot check in Blockchain the status of their transactions

At this point of time yeah, but this will change. Regulations will eventually kick in, which isn't a bad thing, overregulation is. There's is freedom and there's total anarchy, and crypto casinos atm feed on the latter.

**Lola Henderson** · 18 January 2023, 3:32 am

Originally Posted by xecutable

At this point of time yeah, but this will change. Regulations will eventually kick in, which isn't a bad thing, overregulation is. There's is freedom and there's total anarchy, and crypto casinos atm feed on the latter.

It sounds reasonable, and it has a grain of truth to it

**vanq** · 23 January 2023, 6:42 am

I believe that as long as fiat exists, not only casinos, but other services will still include them. Of course, there are crypto only casinos and the number is increasing, but most players still use currencies to deposit.

**Palermo** · 23 January 2023, 7:57 am

I feel like the amount of crypto casinos is way too much and is exceeding the actual demand of those. Specially in regulated EU markets, crypto casinos are very small.

Perhaps other geo's like USA/CA/AU/NZ they perform better? Anyone knows?

**casinotoprating** · 28 March 2023, 4:47 am

I tried to promote Crypto Casinos, it performs super but only via social media - telegram etc. special Heatz Casino and they pay up to $300 CPA

**Kind1011** · 6 April 2023, 9:36 am

Originally Posted by Lola Henderson

Honestly, I think, the future belongs to crypto casinos

First of all, a lot of usual fiat payment methods are not available for casino deposits and cashout. So, players would like to make deposits via comfortable payment methods, but it is not possible, as payment systems wouldn't desire to get involved with gambling transactions. Also, casinos don't have any influence on this issue, the only solution is to find a new payment system, but, due to my casino working experience, new fiat payment methods are unstable, as usual once.

Secondly, too much state control in that case. As I can see, a lot of players are sick of it.

Thirty, players need to upload a lot of documents to withdraw. For exx, ID, bank statement, photo of credit/debit cards, and all cards, that he/she uses for deposits + the casino can request a selfie with ID. It's so uncomfortable for entertainment and positive emotions that players would like to get, playing in online casinos.

Amen. You've hit the nail on the head. All the points you mentioned are exactly what I think when it comes to the advantages of crypto casinos. They are faster, more uncomplicated, more anonymous and offer the same games as all the other big "normal" casinos. I only play in crypto casinos because for me there is no reason to go back to the regular online casinos.

**DappCasino** · 20 September 2023, 4:29 am

Originally Posted by Lola Henderson

Honestly, I think, the future belongs to crypto casinos

First of all, a lot of usual fiat payment methods are not available for casino deposits and cashout. So, players would like to make deposits via comfortable payment methods, but it is not possible, as payment systems wouldn't desire to get involved with gambling transactions. Also, casinos don't have any influence on this issue, the only solution is to find a new payment system, but, due to my casino working experience, new fiat payment methods are unstable, as usual once.

Secondly, too much state control in that case. As I can see, a lot of players are sick of it.

Thirty, players need to upload a lot of documents to withdraw. For exx, ID, bank statement, photo of credit/debit cards, and all cards, that he/she uses for deposits + the casino can request a selfie with ID. It's so uncomfortable for entertainment and positive emotions that players would like to get, playing in online casinos.

When we are talking about crypto casinos, players are free from transaction issues, a lot of state control, and even verification (or crypto casinos have зartial verification)

However, I would like to mention, that before using cryptocurrency, players will be better to understand how cryptocurrency works

When I worked in a crypto casino, a lot of players didn't know what is transaction hash, so they cannot check in Blockchain the status of their transactions

We are sharing the same vision. Also, provably fair "in house" games have usually 99% RTP with low&high bet limits.

Thread: Crypto Casinos

LinkBack

Thread Tools

Search Thread

Display

The Following User Says Thank You to Fruity Casinos For This Useful Post:

The Following User Says Thank You to LowFlyingBird For This Useful Post:

Tags for this Thread

Posting Permissions