Key reasons to choose crypto casinos for online gambling.

0
Casinos with cryptocurrencies attract NZ players with many accepted coin types and a range of other benefits. Learn why Kiwis like to gamble online using crypto.

1. Why Do Players Choose Online Casinos with Cryptocurrency?

Crypto gambling was something new and obscure for players only about five years ago. Everything changed after BTC surged to almost $20 000 at the end of 2017 and then to $60 000+ in 2021. It spurred interest in cryptocurrencies in all spheres, including casinos.

Join our WhatsApp group

Subscribe to our Daily Roundup Email


Now crypto gambling is an established niche, which continues to grow and expand. Many gamblers prefer to play using BTC and other coins due to the benefits they offer compared to fiat currencies. Here are the key reasons why online casino users choose crypto.

2. Fast, Safe, and Untraceable Payments

Cryptocurrency transactions are based on blockchain, which gives them an edge over many traditional payment solutions. This includes:

  • no central authority that can control the network;

  • safe transactions protected by the blockchain architecture;

  • untraceable payments that don’t reveal the payer and payee;

  • the network with all transactions visible to the participants;

  • payment processing in minutes or even seconds.

The mentioned benefits work only if you choose a reliable wallet for your cryptos as well as a safe and licensed cryptocurrency online casino.

3. The Best Minimum and Maximum Transaction Limits

Gambling sites accepting crypto allow you to make both small and big payments. Real money play is available to users with all kinds of budget sizes. You can gamble in a $1 deposit casino NZ with minimum stakes or be a high roller that wagers hundreds or thousands of dollars per round.

The actual limits depend on the gambling website you choose, but they’re almost always better than for fiat-currency payment solutions. The maximum BTC deposit often reaches tens of thousands and even more than 100 000 New Zealand dollars.

4. Provably Fair Games

Online crypto casinos offer players games with a provably fair mechanism. It plays the same role as RNG but here you can instantly check the results of any gambling round. Every spin gets a unique hash seed corresponding to a certain outcome. After the round played, you can use it to check if the result you’ve received matches the predetermined one. This ensures that the game outcome cannot be manipulated.

5. Benefits From Crypto Exchange Rates

Gambling is not supposed to be a form of investing or trading but when you buy crypto to play, you still pour funds into this asset. The value of cryptocurrencies changes in time and the same thing happens with your casino budget. If the coin price goes up, the funds in your account become more valuable in NZD. Though the opposite situation is possible as well, and the cryptos may lose value.

Note that you won’t be able to use online casinos only to store coins before they rise in price. You’ll have to utilize them in play before claiming withdrawals.

6. Conclusion

Crypto online casinos attract many thousands of players from NZ and other countries. The number is constantly growing with more and more websites becoming cryptocurrency-friendly. Such casinos appeal to users with payment anonymity, high max limits, fast transaction processing, and provably fair games. Many of them accept not only BTC but also other coins like ETC, DOGE, LTC, and USDC.


Listen to the VINnews podcast on:

iTunes | Spotify | Google Podcasts | Stitcher | Podbean | Amazon

Follow VINnews for Breaking News Updates


Connect with VINnews

Join our WhatsApp group