Cryptocurrencies have become increasingly popular over the years. As of July 5th , 2022 the total crypto market volume over the last 24 hours is $49.25B, which makes a 26.97% increase. As time passes, more establishments start accepting cryptos, not only online websites, but physical facilities as well.
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This increase of popularity not only had an effect on the market movement, but on entertainment as well. Gambling and casino are not an exception.
Gambling has been part of humanity for as long as we can remember. Dating back to the Paleolithic period (before written history even existed), our ancestors have gambled and their offspring continue to do so in the modern age. The first documented casino, “Ridotto”, started operating in 1638 A.D. Venice, Italy.
Caravaggio, The Cardsharps (c. 1594), depicting card sharps
The most recent change that gambling has faced was complete digitization of casino. Lately, cryptocurrencies have been introduced to the casinos as a form of funding that the player can utilize to play. This change is not only a replacement of previously used form of payment, but also a fresh-new addition of advantages that cryptocurrencies provide in what we now recognize as crypto gambling :
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Faster payouts
Payouts are the main reason some people play at online casinos. Most of crypto casinos offer ultra-fast payouts, which means that money is withdrawn straight to the cryptowallet and there are no 3rd parties involved in these transactions.
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Dedicated games and bonuses
Dedicated games and exclusive deals help casinos become more popular among users. One of the more popular crypto casinos in Europe is “Wintomato”, which is known for its ultra-fast dice game and a variety of crypto slots. It is also worth mentioning that these games offer exclusive deals to their loyal users.
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24/7 customer support
Crypto casinos, like most of online casinos, provide their users with 24/7 customer support and compliance services. It is important to these companies that all of their users have a fair experience.
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Variety of cryptocurrencies
There are more than 20,000 crypto currencies circulating in the web. This is a remarkable number and says that crypto currencies are here and they are here to stay indefinitely. Popular crypto currencies are: Ethereum, Bitcoin, Link, Tether and so on.
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Security and privacy
Plethora of traditional casino establishments require visitors to disclose private information. Crypto gambling solves this problem by making deposits and transactions anonymous.
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Complete automatization of the system
One of the hallmarks of a crypto gambling is that it is fully automatized. Compared to a physical casino, you do not need to confirm each action. Winnings are automatically saved in the blockchain.
To summarize, cryptocurrencies are here to stay. We ought to utilize its full array of functionality and remember that the technology is still advancing and refining itself each day. Crypto casinos are well aware of this fact, and they are making sure that their valuable users receive the quality entertainment that they deserve.