Best Altcoin Casino Sites 2021: Top Altcoin Online Casinos!

What Is an Altcoin Casino?

The invention of Bitcoin in 2009 was not taken seriously by many, and no one could have known that this cryptocurrency would take over the world in a decade. Along with conventional banking, bitcoin and other cryptocurrencies have transformed the mechanism of online gambling in unbelievable ways.

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Though people are more aware of “Bitcoin Casinos,” Altcoin Casinos are also gaining ground rapidly by some of their appealing features. The Altcoin casinos are the ones that accept cryptocurrencies other than bitcoin as their preferred payment method. Some of the most popular altcoins are Ripple (XRP), Litecoin (LTC), Ethereum (ETH), and Bitcoin Cash (BCH). Witnessing the recent boom in the usage of altcoins (and bitcoin), one can say that more and more casinos are taking these digital currencies on board as a primary or secondary method of payment.

How Do Altcoin Casinos Work?

Altcoin Casinos are rising in popularity compared to BTC casinos among players looking for an enriching gaming experience. These casinos accept only altcoins which means payment is made only by using these cryptocurrencies. Many of the altcoin casinos have self-owned gambling software that helps them maintain the trust of their players by giving them a look into their working algorithms. Some Altcoin Casinos offer altcoin as a secondary payment method on their platform with main currencies like US dollars, Euros, etc. The best crypto casinos that accept only altcoins are more popular than those that accept it as a secondary payment method.

Is Altcoin Casino Regulated?

There are no laws that one can say are crafted explicitly for the regulation of altcoin casinos. It primarily depends on the operator to decide whether one can use altcoin to gamble or not. Some countries like the UK, Germany, and Finland have laws that allow crypto gambling on casinos possessing a genuine government-issued gambling license.

Benefits of Altcoin Casino

Playing one’s favorite gambling cryptocurrency games has become much more fun than before, as the various outstanding features that altcoins offer in online gambling make it one of the punters’ favorite payment methods. It may be a new entrant in this segment, but it has captured the gambling market like wildfire. Some of the tremendous benefits of using an altcoin are as follows:-

Anonymity

Most punters do not feel comfortable about sharing their gambling identity. So, one of the best ways to maintain one’s anonymity is to make fast transactions by using altcoins. As the digital currencies are not centralized yet, no one can trace the transactions made by the gamblers. The players just need a digital wallet address, and they are good to go. 

Speed

As the involvement of centralized sources in the working of an online crypto casino is almost nil, there aren’t any unnecessary inconveniences that one may face while making a transaction. Like Bitcoin, Altcoins also negates the hassles of traditional payment options like a debit card as depositing becomes smoother due to its fast speed.

Investment

Witnessing the rise of numerous crypto billionaires in recent years, one can say that cryptocurrency has become a new method of investment for traders all over the world. Many online gamblers buy altcoins to use them as an investment tool due to their fluctuating nature. Investing money in this ever-changing commodity helps these player-cum-investors in making huge profits in a short time. 

Stability

Another one of the exclusive advantages of using altcoins is its stability compared to bitcoin. As bitcoin has been in use for more than a decade, its mining has become a significant problem due to the high consumption of power in the process. On the other hand, altcoins have a more straightforward, more stable mechanism of mining.

Security

The most appealing benefit of using altcoins for gambling in an online casino is the safety that comes with its usage. Blockchain technology which is the base of all cryptocurrencies is one of the most secure mechanisms in the financial world. Online gamblers’ privacy and other essential data remain safe on using altcoin casinos. It is a decentralized form of currency, which means no government/private entity can use it to procure information for their benefit.

Minimal Fees

Altcoins are decentralized, which means they do not face any banking fees while making online transactions. Using only crypto helps the online casinos to maintain the steep costs of dealing with conventional financial institutions. Best crypto casinos are the ones that make sure that the gamblers also get to reap the benefits of these advancements.

Pros and Cons of Altcoin Casinos

Pros Cons
One of the primary advantages is that altcoins can be used as a tool of investments due to their fluctuating values. The cryptocurrencies are highly volatile, due to which sometimes gamblers have to face unnecessary losses. 
The Altcoins have the fastest crypto transactions speed when it comes to deposit and withdrawal. Altcoin gambling is highly unpredictable as different coins come and go out of operation without lasting impact.
Another one of the important advantages is that by using altcoins for gambling, one can be anonymous while playing from anywhere in the world.  Another major disadvantage of gambling altcoins is that most crypto casinos do not accept smaller altcoins like XRP. 
The altcoins are more secure than fiat currencies as chances of any fraudulent decrease due to infallible blockchain technology.
Using altcoins in crypto casinos can save players from unwanted charges that an online gambling site levies on withdrawals. 

Top Altcoins

Before engaging in altcoin gambling, casino players should have complete information about how to gamble online by choosing the best alternative coin as per their requirements. This article will get basic information about the top seven altcoins of all time in this article.

Ethereum

Ethereum holds the title of being the largest altcoin and the second largest cryptocurrency after Bitcoin. This altcoin has the unique feature of offering a platform on which the software developers can make decentralized applications and smart contracts as per their requirements. These applications are also known as dapps. These contracts are highly secure as all critical data of Ethereum casinos is saved in these smart contracts.

Cardano

Cardano (BNB) is a native token of one of the world’s largest crypto exchanges, namely Binance. It was initially launched on Ethereum blockchain under a different name but later moved to its blockchain. Some of the best Cardano casinos are popular in the cryptocurrency industry as they offer more benefits than those based on fiat currency.

Dogecoin

Celebrities backing has made Dogecoin one of the most popular cryptocurrencies of all time. It has a market cap of over $1 billion and has become an easily operable market to trade enthusiasts and Altcoin casinos. It is one of the best alternative coins for punters to gamble in place of Bitcoin.

Bitcoin Cash

Bitcoin Cash was created due to a chain split in Bitcoin. It provides its users more capacity than Bitcoin, and this factor has made it a fan favorite of some of the best altcoin casinos. While a Bitcoin Cash online casino may have a smaller community than top Bitcoin casinos, the cryptocurrency has an ardent fan following.

Ripple

Ripple (XRP) is owned and controlled by Ripple Labs Inc. it is a “currency exchange and remittance network” utilized by the institutions to make faster and cheaper transactions transnationally. A Ripple casino is preferred by punters from countries with strict gambling laws as this cryptocurrency has impeccable records of safe transactions at the global level.

Tether

Tether is a stablecoin pegged to the US Dollar in terms of monetary value on a 1:1 basis. Tether, along with other altcoins, keeps the crypto market stable during times of hyper volatility. Tether facilitates global payments without any risk of price fluctuations. The Best Tether casinos provide stable prices to gamblers from all over the world. 

Polkadot

Polkadot earned the title of most profitable and trustworthy altcoin of 2020. This cryptocurrency aims to liberalize the languid pace of the communication process between various public and private-owned blockchains.

Why Play at Online Casinos With Altcoin?

After witnessing the aggrandizements happening in the financial world every day, it comes as no wonder that altcoins have managed to attract a huge number of gamblers towards themselves. There are various reasons why these cryptocurrencies, like bitcoin, have become a massive X-factor in the world of online casinos. Let’s have a look at a few of them.

Security

When a player starts gambling at online casinos, they must provide a bunch of private information and banking details during the registration process. This information is highly confidential and can be misused for fraudulent activities. With Altcoins, safety comes automatically as player’s information remains safe due to blockchain technology. By making deposits anonymously by just using an online cryptocurrency wallet. Altcoin payments are immutable, and transaction records are maintained in a public ledger, which helps in maintaining transparency.

Rapid Processing Times

No matter from where the punters make a payment, with altcoin, the transfer is nearly instantaneous. Cryptocurrencies are known for their fast transaction speed when users withdraw their funds.

Huge Potential

In the cryptocurrency market, Bitcoin has taken the top spot in popularity with a market cap of over 1.5 Trillion. But after the rise of altcoins like Ethereum and Dogecoin, there has been a significant decrease in Bitcoin’s user base that means the altcoins have a vast potential of being a suitable replacement for Bitcoin.

Low Fees

One major vexation that breaks the camel’s back for many gamblers is paying additional charges in traditional online casinos during payouts. It is a major nuisance and takes away a lot of fun from gambling. Altcoin casino winnings do not succumb to such irrelevant charges and are not under the regulation of any authority, which in turn economizes the transactions, thus increasing its affordability.

How to Choose the Best Altcoin Casinos?

When it comes to choosing an altcoin casino, the process is much the same as selecting any online casino. You won’t have quite so many options to narrow down, you still need to make sure the site has everything you need to ensure a safe and pleasant online gambling experience. So before the users start playing with this banking coin on any website, they should know how to choose the best altcoin casinos.

Gaming Selection

The foremost feature to look for in the best crypto casino is its gaming catalog. The gaming selection should not be limited as every player has different tastes, and they like to enjoy top games from developers like Booming Games, Pragmatic Play, etc. Most played games are online cryptocurrency poker games, video poker, roulette, etc.

License From a Reputable Regulator

Another important thing one should check is whether the casino has a genuine license or not. A casino without a license is not reliable, and punters can face unwanted losses if they go with it. Try only to go with the ones in possession of a license from a reputable regulator.

Promotion and Bonus Offers

Before making the first deposit check any best offers like free spins, a generous bonus, or any other promotional offers; on a fixed minimum deposit, the gamblers can get a welcome bonus of 100%.

Transfer Speed

Faster transactions are another important feature that one should look at. Many times the gambling sites take a tremendous amount of time to settle the winnings. This is one of the major disadvantages faced by the punters on using not such genuine websites. Therefore, one must go through user reviews of these websites to know about their operations.

Anonymity

As online gambling is banned in many countries, gamblers should look for casinos that provide the option of being anonymous while playing. They should look at the security protocols of the platform before making their initial deposit. Playing the game of placing bets in online casinos without providing any personal information is supported due to the anonymous nature of cryptocurrencies.

Safety

The safety of the funds is a crucial factor while choosing an online altcoin casino for gambling. One should be playing only on the sites that guarantee them the protection for their funds. Safe casinos have robust software protocols that keep all gambling operations safe from prying actions.

Customer Support

Last but not least is the customer support section of the platform. What will a player do when facing any trouble while gambling? Whom will he call? Will he get a professional response on the live chat option? Will the customer executive be friendly? These are some of the questions one should be aware of before engaging with any crypto betting platform.

How to Make Deposits and Withdrawals in Altcoin Casinos?

Deposit Process

Step 1: The players first need to buy Altcoins as per their requirements. This purchased currency will be stored in a digital wallet. 

Step 2: Once the punters have a wallet full of cryptocurrency, go to the betting site’s cashier section. Select “Deposit” and the preferred altcoin which they want to use. 

Step 3: Now copy the unique blockchain address, open the digital wallet, initiate a transfer, and fill the amount. 

Step 4: At this step, players should paste the copied address in the “Send To” section and transact the amount. It will be reflected in the site’s account instantaneously.

Withdrawal Process

Step 1: Withdrawing the winnings is just as easy as depositing the amount. Go to the currency wallet and copy the address. 

Step 2: Now to the cashier section and select the “withdrawal” option. 

Step 3: Enter the desired amount and paste the wallet address in the blank space. Repeat the process and initiate the transfer. 

Step 4: It will take around 10 minutes for the amount to get reflected in the wallet.

Altcoin Casino Bonuses and Promotions

The online gambling industry has a highly competitive environment with a distinctive structure. The gambling operators take the commission on platforms, games, and licenses of companies. What remains with them is the ability to be creative with an exclusive theme and the type of bonus to attract as many customers as possible. The bonuses and promotions are the most effective tools of marketing that pay off quite well in the long run. Let’s have a look at some of the most popular bonuses that are offered:-

Matched Deposit Bonus

Under this type of deposit bonus, the players get an additional amount of money matching their deposit as a bonus. It ranges from 25% to 200%.

Free Spins

As evident by its name, the free spins reward gives the players a limited number of spins on a particular slot machine or a series of crypto slots. The players sometimes win generous amounts of money on these free spins.

No Deposit Altcoin Bonus

It is one of the best bonuses that a casino offers as it does not necessitate the players to make instant deposits to avail its benefits. Under this offer, the players get a fixed number of free spins or a credit reward.

Reload Bonus

The loyal/VIP players get to avail the benefits of this offer. Whenever these players make a fresh payment, they can take advantage of this bonus.

Games to Play at Altcoin Casinos

Altcoin casinos are similar to other online casinos when it comes to the type of games both offer. All of the cryptocurrency casinos offer a wide variety of games. The cryptocurrency, like bitcoin, has proven to be a game-changer as it provides the same level of entertainment as traditional casinos, negating the disadvantages like slow transaction speed, privacy and safety issues, gambling restrictions, etc. Some of the best online altcoin games are as follows:-

  • Slots
  • Video Poker
  • Live Dealer Games
  • Card games like Blackjack
  • Scratch Cards
  • Roulette
  • Table Games

Why Are Altcoin Casinos Popular?

One of the primary reasons crypto gambling sites are becoming so popular is the ease of depositing money with which money can be deposited on these sites. Gamblers can also utilize these alternative coins to preserve their anonymity and privacy when engaging with various gaming sites. Many gamers’ usernames and passwords might be taken through a variety of means. Credit card or bank account information might be taken in the future, which does not happen with Altcoin.

It is feasible to evade geographical limitations by utilizing digital currency to gamble in online casino sites. ThereIn fact, there are numerous regions where players are not permitted to play casino games with real money. Individuals using virtual currency would sidestep the restrictions that users of credit cards or bank accounts may face. Casinos typically provide various promotions and incentives to customers who deposit digital currency on the platform to attract a bigger number of users. The casino players get opportunities to quadruple their chances of winning generous rewards and special incentives.

Future of Altcoin Casino

Evident by its numerous benefits, it is clear that Altcoins are here to stay, and while many casinos are adapting themselves to accommodate this currency. Owing to its volatility, talking about its future right now is still too soon. The pinnacle of the crypto industry is yet to come, and it largely depends on the attitude of society and governments towards its acceptance. Hence, looking at the current scenario, one can say that crypto casinos have immense potential, and their future looks promising.

Conclusion

Finally, we can say that cryptocurrency, like bitcoin, has transformed the world for the better. It has emancipated the financial system from conventional barriers, which has made banking faster and smoother than before. Its future is still in the wind as no one can indeed predict the acceptance of this decentralized currency by major countries of the world. Moreover, this lack of surety has increased its volatility, therefore before indulging in it, one should be ready to take any risk with their money. There are numerous advantages as well as some disadvantages of using altcoins, so it is advisable that the players do their homework about it before they start playing.

FAQs

Are Altcoin Casinos Safe?

Yes, the Altcoin casinos are safe as they function on blockchain technology with an infallible record of transparency. Many of these betting casinos have their software which they audit regularly to maintain the trust of the customers. The basic advice is to go with the ones who possess a license to gamble but players should play responsibly.

Can I Claim a Bonus With Altcoin Deposits?

Yes, many betting platforms offer generous bonuses on making an Altcoin deposit. Players can take advantage of a welcome or promotional offer to increase the size of their bets.

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