The integration of cryptocurrency has completely revolutionized online casino gaming. With countless advantages to players, including higher security and increased anonymity, it is easy to see why crypto and online gambling go hand in hand. However, with so many options it can be hard to know which coins are the best bet when it comes to gambling online. Let’s take a look at the most popular choice, Bitcoin, and how it compares to other available Altcoins.

The Crypto Giant: Bitcoin

Created in 2009, Bitcoin was the first cryptocurrency invented and remains the most popular. Using Bitcoin in online casino gaming is a smart move, and is especially useful for those new to cryptocurrency in general. Bitcoin has a huge user base and a stellar reputation, all of which contribute to the valuable peace of mind gamblers need to play happily. Not only that but, due to its popularity, many casinos offer additional bonuses and incentives to punters utilizing Bitcoin, and using this cryptocurrency will also open doors to the massive community that surrounds the currency.

Another great benefit of Bitcoin is its enhanced security. As the first cryptocurrency created, Bitcoin paved the way for blockchain technology and financial security. Transactions can be made without the input of third parties, such as banks, and, due to the decentralization of the currency, cannot be traced.

All of this makes Bitcoin a safe and reliable option for online gamblers and is the perfect coin for those testing the waters of cryptocurrency in online casino use.

The Reliable Sidekick: Ethereum

Ethereum is an extremely popular cryptocurrency, beaten only by Bitcoin. Like Bitcoin, it is heavily compatible with most online casino sites, making it a great option for gamblers. However, Ethereum is perhaps even more suited to the online casino world than its counterpart, Bitcoin, due to its smart contracts function.

Ethereum’s smart contracts enable online casino users to analyze the fairness of the games they are playing, improving trust between players and casino websites. This transparency is a great advantage when it comes to gambling online, and makes Ethereum a perfect option for casino gaming. 

A Fun Community: Meme Coins

One alternative to Bitcoin, known for their humor and community, is meme coins. The first meme coin, Dogecoin, was created in 2013. It was originally intended to be a joke, but the fun took off and countless meme coins soon followed. Using these coins in online casinos has a variety of advantages. For one, online casinos are meant to be fun, recreational games, and so it makes sense that the cryptocurrency applied to them reflects that light-hearted approach to online gaming.

Additionally, the cheerfulness of meme coins has created a bustling and vibrant community that thrives on supporting the currency and its users. There are many meme coins with 10x potential that are compatible with online casino sites, meaning you can invest in up and coming coins that will likely see great growth later down the line.

The Stable One: Tether

Stable cryptocurrencies, such as Tether, are linked to the actual country’s currency. In Tether’s case, the US dollar. This makes it an ideal option for gamblers who are not interested in cryptocurrencies’ tendency to rise and fall in value, and instead wish to just focus on their casino experience.

Tether avoids the volatility associated with other cryptocurrencies, meaning gamblers can wager and withdraw funds knowing that their currency is not going to significantly change in value.

Tether is also widely accepted as a form of payment in many online casinos, making it a great option for players who wish to focus solely on their gaming and not make additional bets on which currency is most likely to succeed.

The Quick One: Litecoin

Originally invented in 2011 as a fork from Bitcoin, Litecoin is often referred to as ‘silver to Bitcoins gold.’ However, Litecoin has its own set of advantages over its predecessor, especially when it comes to online gambling.

Most prominent is the speed Litecoin brings to the table. Compared to Bitcoin, and most altcoins, LItecoin provides fast transaction speeds and low cost, making it a real asset in the online casino realm. This is a genuine benefit for players looking to make a profit from online gambling and withdraw their winnings quickly and easily, with little cost to themselves.

Also, Litecoin is quickly becoming an accepted cryptocurrency on many online casino sites, giving users of this coin diverse options when it comes to their play.

The Inexpensive One: Solana

Solana has an even quicker transaction speed than Litecoin, but it is not as widely used or accepted in casino gaming. However, if you find a casino you love that supports this cryptocurrency, it can be a real advantage over Bitcoin and other altcoins.

In addition to its lightning-fast transaction speed (less than a second), Solana also takes the crown for providing the least expensive transaction fees. This is a real asset when it comes to online casino gaming as it allows players to withdraw the majority of their winnings without having to worry about additional costs.

The Reliable Cross-Border One: Stellar

Steller was created with cross-border transactions in mind, making it an ideal option for those playing on offshore online casino sites.

This cryptocurrency also has heaps of benefits that directly relate to its use in online casinos, including its quick transaction speeds and low cost. This makes it an ideal option for players on a lower budget who want the best affordability for their gaming time.

Not only that but Stellar is also rapidly becoming a widely integrated cryptocurrency on a lot of online casino sites, meaning users of this coin will have many options when it comes to deciding which casinos to use and which games to play.

Conclusion: So which is best?

As we’ve explored, most cryptocurrencies have different advantages when applied to online casino gaming. Although, due to its reputation and reliability, Bitcoin is a good option for those new to cryptocurrency, certain altcoins are more tailored towards online casino use. It is good to keep in mind what you value most in your gaming experience and go from there. Litecoin and Solana take the lead when it comes to speed and efficiency. Whereas meme coins have a greater sense of community and playfulness surrounding them. Understanding the advantages of each cryptocurrency and how well it has been integrated into the online casino realm is a great place to start when deciding which currency better suits your needs.