The recent crypto boom means more people are using cryptocurrencies to gamble. However, with over 4,000 types for you to choose from, which are the best crypto coins to make deposits at top online casinos? Read our list of the top five cryptocurrencies for gambling online to ensure you invest in the best.
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1. Bitcoin
Bitcoin is the pioneering cryptocurrency that has been lining blockchain wallets since 2009. Unlike back then, there’s plenty of competition looking to take Bitcoin’s place as the most famous crypto coin. At the moment, this still hasn’t happened.
The fact that many gambling sites have labelled themselves as the best Bitcoin casinos shows how popular this payment method is. Need another reason to make deposits with this cryptocurrency? Many online gambling sites reward you with Bitcoin casino free spins bonuses just for using it.
2. Ethereum
Ethereum is a famous blockchain-based crypto coin that uses smart contracts just like EOS. They do this to ensure third parties can’t get involved. This guarantees that every transaction you make is completely safe.
Ethereum’s advanced technology means you can use it to codify, decentralize, secure, and trade almost anything. This winning combination of diversity and safety means it makes our list of the top five best cryptocurrencies for gambling.
3. Dogecoin
Despite its humorous logo of a Shibu Inu dog, Dogecoin is a serious contender as one of the best crypto coins for 2023. Unlike other cryptocurrencies, Dogecoin is an inflationary currency, instead of deflationary. Now the best casinos give you free spin bonuses when you make deposits with Dogecoin.
4. Litecoin
Also known as Bitcoin’s twin, Litecoin has made our list of the top five best cryptocurrencies for its super rapid transactions. Its complex algorithm makes it one of the fastest crypto coins on the market. Our experts agree that its speed means it’s a great choice for casino gaming. Although it can charge you transaction fees, these are much lower than many of its competitors.
5. EOS Crypto
Although a newcomer, EOS has impressed experts with free speedy transactions and first-rate security. Designed to support large web applications, it’s no surprise that this is a favourite cryptocurrency payment method for many of the best new online casinos.
Why don’t you incur fees when using EOS? The protocol guarantees you free service by giving the entities running the network EOS coins to offset the cost of inflation.