Getting started with crypto casinos – A complete guide

Getting started with crypto casinos – A complete guide

We have all heard of traditional online casinos and games like blackjack, poker, dice, and more. However, inefficient transactions and a lack of privacy/security are the biggest concerns among players who play games in such casinos. 

Crypto casinos, on the other hand, fuse traditional casinos with de-fi. The result? Fast and efficient transactions, high security, and often no need for KYC. For instance, platforms like BETS.IO let you play a huge range of classic casino games using cryptocurrency without an ID—others like BC.GAME lets you sign up for an account with your crypto wallet.

The fact that registration on most crypto casinos takes an instant (all you need is an email) and payouts are instant means that you can play on the go. And since no ID is required, you don’t even have to worry about social stigmas related to online gambling. 

But since the crypto casino narrative is currently hot and trendy, many scam platforms have also popped up. As such, users need to ensure they are only playing in licensed and legitimate best cryptocurrency casinos. 

In this guide, we will teach you how to get started with crypto casinos.

Choose a reputable crypto casino.

What makes a crypto casino reliable? Some players may answer, “a wide range of betting options.” But that’s not entirely the case. Most crypto casinos offer a seemingly unlimited number of games, but they lack transparency and efficiency in payouts. 

There’s no point in risking your money in a casino where the payout is either not guaranteed or delayed indefinitely with no options for a follow-up. Hence, guaranteed payout (such as on BETS.IO) is the only factor determining whether a crypto casino is legitimate and trusted. 

Fairness and licenses

Imagine going to a casino where all the games are rigged in the house’s favor. You can never expect to win in such a casino in the long run. Yes, traditional casinos often create rules to ensure the house wins 70% of the time. 

Even some unlicensed crypto casino platforms have unfair and rigged systems, where the players will always lose in the long run. Such platforms are often hard to discern because their flashy designs and user interfaces are similar to reputable casinos. Hence, fairness is the first and most important aspect you should consider. 

Besides that, the casino should also be licensed. This ensures that the platform has been thoroughly audited and trusted by third-party organizations. Licensed platforms are also less likely to indefinitely hold your deposits or run away with your winnings.

Support for many cryptocurrencies

It is one of the few factors that may not be a big deal for most players, yet it’s a nice addition. If a platform is legit, players often make do with a lack of support for cryptocurrencies. After all, one can quickly swap crypto using any dex or a centralized exchange like Binance or Coinbase. 

So, support for a wide range of cryptocurrencies is like a cherry on top. It’s not necessary, rather nice to have. Crypto casinos like BC.GAME supports coins like BTC, DOGE, XRP, ADA, DAI, ETH, USDT, TRX, POL, and more.  

No identity verification or KYC

KYC (know your customer) is often required in traditional and crypto casinos. Platforms like these often want to log your real name, home address, government identification documents, phone number, and more information. 

However, that goes against one of the major tenets of de-fi and cryptocurrencies: anonymity. Also, most people are uncomfortable providing such details to a casino, as they want to keep such activities a secret from their friends and family. 

Certain casinos, like BETS.IO, continue to uphold user anonymity and allow players to register simply with an email. No other documentation is required to play, win, and cash out.

Generous bonuses

Most crypto casinos offer certain daily, weekly, or monthly bonuses, including sign-up, deposit, cashback, and more. This is a way for them to give back to the player community. 

BETS.IO follows a similar approach and offers incredibly generous bonuses. When you make your first deposit, you can win a 100% bonus for up to 1 BTC and 100 free spins. Similarly, the second deposit gives you 75% up to 1,000 USDT and 75 free spins. There’s more; you can also get 10% daily cashback, weekend reload bonuses, and more.

On the other hand, with BC.GAME, you win a 120% first deposit bonus. On the second deposit, you win a 100% deposit bonus. Similarly, the third deposit gives you a 150% deposit bonus, while the fourth gives you a 100% deposit bonus. Each of the four deposits gives you 100 free spins. There are more bonuses for active players, such as the rakeback program, where players earn bonuses for every wager.

Register at the casino

Most crypto casinos that don’t require an ID have a simple registration step. All that you have to do is provide your email address and set a password, and that’s it. Then, you can make a deposit and start playing games.

In this guide, we will use BETS.IO and BC.GAME since they are trusted and legitimate no-ID casinos.

Set up a standard crypto wallet like Phantom

The first step is to set up a cryptocurrency wallet. Later, you will connect this wallet to the cryptocurrency casino. As a general safety measure, never use your main wallet. 

Note that your wallet choice will depend on which cryptocurrency you want to use in the casino. In this case, we use the Phantom wallet, which supports Solana, Base, Polygon, Ethereum, and Bitcoin assets.

Creating a new wallet specifically for casinos is always recommended, and you should load funds you’re comfortable with losing. This helps prevent compulsive gambling. 

1. Go to the Phantom app and click on “Download for Chrome.” The website will automatically detect your browser and provide you with the relevant download button.

2. Chrome’s web store will open. After that, you need to click on the “Add to Chrome” button to download the Phantom wallet extension to your browser.