Let’s start with something that will be obvious to crypto heads, but not so much to those players who are still dipping their toes in the cryptospace. You may have noticed that we have been taking liberties and using the words crypto casino and bitcoin casino somewhat interchangeably.
Although this is the way that most people use them, they are not actually the same thing. Crypto casinos are gambling sites that accept a variety of crypto currencies, including Bitcoin, seeing that it remains the most popular digital currency by far. Bitcoin casinos, on the other hand, specifically accept Bitcoin but may, or may not, also accept other alt coins.
What does this mean to players on a practical level? Nothing much. Upon registering to a crypto casino through Cryptocasinos.com you will find that they all accept Bitcoin and a number of other currencies (including fiat, in some cases).
Bitcoin
The OG that started it all – Bitcoin – remains one of the strongest and most commonly used cryptocurrency. The first digital currency appeared in 2009 and is most commonly attributed to the mysterious Satoshi Nakamoto. Originally capped at 21 million coins, the effect of this limit would eventually inspire other crypto creators to do the exact opposite.
Bitcoin signaled the advent of an era of anonymity, lower transaction fees and faster fund transfers. It is only in the past few years that other cryptocurrencies are catching up, with digital gambling sites starting to accept a wider variety of options. However, Bitcoin casinos have lost none of their luster and remain the gateway crypto coin for many new users.
Bitcoin cash
Bitcoin Cash is kind of Bitcoin’s baby brother, an offshoot that emerged in 2017, carving its own niche in the online gambling sector. The aim was to address some of Bitcoin’s scalability issues and to offer even faster transaction times and lower fees, making it a preferred option for both players and online casino operators.
The introduction of Bitcoin Cash casinos brought with it a fresh wave of excitement, as they combine the advantages of cryptocurrency gambling — like enhanced privacy and security — with more efficient and cost-effective transactions. This development opened doors not only for crypto-savvy gamblers but also paved the way for a broader acceptance and integration of alternative cryptocurrencies in the digital gambling world. As a result, Bitcoin Cash casinos are now celebrated for their user-friendly nature, fostering a more inclusive and diverse crypto gaming environment.
Ripple
Ripple first made headlines in 2012 for its real-time global settlement network, bringing with it lightning-fast transaction speeds and incredibly low transaction costs, performing even better than any other crypto currency before it. These two facts combined turned it into an immediate favorite at crypto casinos.
Our Ripple casinos provide players with near-instant deposits and withdrawals. Moreover, it enjoys a strong backing by financial institutions, which adds a layer of credibility and stability.
Ethereum
The integration of Ethereum into the online gambling landscape was another massive turning point. Launched in 2015, Ethereum was lauded for extending beyond a mere cryptocurrency – and offering a platform for decentralized applications powered by its currency, Ether.
Ethereum casinos brought unique advancements by exploding on the market with 72 million Ether right off the bat. This put paid to scalability problems and the number of Ethers in circulation keeps on increasing every year, enabling the fast proliferation of Ethereum casinos. As of 2024, it’s rated as the number 2 most popular crypto currency by Forbes magazine – right after Bitcoin, of course.
Litecoin
If Bitcoin is crypto gold, Litecoin is its silver. Created by Charlie Lee in 2011, Litecoin was designed to be a lighter, faster version of Bitcoin, offering reduced transaction times and lower fees.
The currency was met with widespread adoption as soon as it hit the market, leading to many Litecoin casinos suddenly becoming accessible to US players. It consistently enjoys good market presence, which in turn has bolstered its stability and turned it into one of the crypto casino currencies favored by the masses.
Cardano
This third-generation cryptocurrency gained traction at crypto casinos thanks to its unique features. Launched in 2017 by one of Ethereum’s co-founders, Charles Hoskinson, it stands out with its emphasis on sustainability and security thanks to its Ouroboros proof-of-stake algorithm.
Cardano casinos manage to address the environmental concerns associated with other cryptocurrencies. Moreover, the robust security protocols and transparent, research-driven methodology instill a high level of trust and reliability.
Other cryptocurrencies
Life doesn’t stop with the above top players, there are plenty more other and equally reliable currencies to play with at crypto casinos. They say a new crypto coin is born everyday and life is all the more colorful for it. Meantime, if you’re wondering what other currencies you need to keep an eye on, check out our guides to Solana casinos, Binance USD casinos, Avalanche and USDC casinos.
Dogecoin
Who’s a good boy, then? Well this currency certainly fits the bill, especially considering that it started life back in 2013 as a meme and went on to become one of the most popular crypto online casino currencies you can find.
Within a year of its launch, Dogecoin proved the naysayers wrong by reaching a US$60 million capitalization. There was no looking back and Dogecoin casinos are some of the most sought after crypto gambling sites by players. Initially, its creators had planned to mine a total of 100 billion coins. That number has now been exceeded bigtime, and there are no signs that Dogecoin casinos will be slowing down.
Tether
Favored by players who like their crypto casino coins to be a tad more stable than the other currencies, Tether is considered a pretty unique player. Its value is tied to that of a fiat currency like the US dollar, so it offers all the benefits of digital currencies and none of the risks.
The biggest factor making Tether casinos wildly popular is the lack of volatility that’s typically associated with digital currencies. It was launched in 2014 and today it is very sought after by high rollers who wager significant sums, such that value consistency becomes a high priority.
Tether casinos offer the same degree of security and anonymity and succeed in bridging the gap between traditional and digital currency gambling.