Cryptocurrencies are virtual money systems that safeguard and authenticate transactions via the use of encryption. They are not governed by a central body or middleman as they are decentralized. Since they provide several benefits to both players and operators in the online gaming sector, cryptocurrencies have grown in popularity in recent years.
Benefits of Using Cryptocurrencies
Some of the benefits of using cryptocurrencies for online gambling are:
- Security: Cryptocurrencies use encryption and blockchain technology to protect your personal and financial data from unauthorized access and fraud. You do not have to share your sensitive information with the online casino or any third party.
- Convenience: The majority of online casinos and gadgets can operate with cryptocurrencies, and they are simple to use. To make and take out money, all you need is a digital wallet and an internet connection. A vast array of cryptocurrencies, including Tether, Ripple, Dogecoin, Litecoin, Bitcoin, Ethereum, and more, are also available for selection.
- Speed: They offer fast and efficient transactions, both for deposits and withdrawals. You do not have to wait for days or weeks for your money to be processed by banks or other intermediaries. You can enjoy your winnings almost instantly.
- Fees: Low or no transaction fees are available with cryptocurrencies for both deposits and withdrawals. There are no additional fees or commissions that you must pay to the online casino or any other parties. You may play more games and save more money.
- Bonuses: Most incentives and promotions offered by online casinos are applicable to cryptocurrency users. By utilizing cryptocurrency as your payment option, you may take advantage of several alluring incentives, like loyalty programs, VIP clubs, cashback, no deposit bonuses, welcome bonuses, and free spins.
How to use cryptocurrencies at online casinos
Using cryptocurrencies at online casinos is simple and straightforward. Here are the basic steps that you need to follow:
- Choose a reputable and reliable online casino that accepts cryptocurrencies as a payment method.You can browse our list of the best crypto casinos in Ireland here and find the one that suits your preferences and needs.
- Choose a cryptocurrency that you want to use and create a digital wallet that supports it. A digital wallet is a software or hardware device that stores your cryptocurrency and allows you to send and receive it. You can choose from various types of wallets, such as web, mobile, desktop, or hardware wallets, depending on your convenience and security level. You can also use multiple wallets for different cryptocurrencies.
- Buy or exchange cryptocurrency that you want to use. You can buy cryptocurrency with fiat money (such as euros or dollars) or exchange it with other cryptocurrencies. You can use various platforms, such as exchanges, brokers, or peer-to-peer networks, to buy or exchange cryptocurrency. You need to transfer the cryptocurrency from the platform to your wallet by using the wallet address and the transaction ID.
- Make a deposit at the online casino that you have chosen. You need to log in to your casino account and go to the cashier section. You need to select the cryptocurrency that you want to use and the amount that you want to deposit. You need to copy the casino’s wallet address and paste it into your wallet. You need to confirm the transaction and wait for it to be verified by the blockchain network. The deposit should be credited to your casino account within minutes.
- Play your favourite casino games and enjoy your winnings. You can choose from a wide range of games, such as slots, table games, video poker, and live dealer games, from the leading software providers, such as Microgaming, NetEnt, Playtech, and Evolution Gaming. You can also claim the bonuses and promotions that the casino offers to new and existing players by using cryptocurrencies as your payment method.
- Make a withdrawal at the online casino that you have chosen. You need to log in to your casino account and go to the cashier section. You need to select the cryptocurrency that you want to use and the amount that you want to withdraw. You need to copy your wallet address and paste it into the casino’s withdrawal form. You need to confirm the transaction and wait for it to be verified by the blockchain network. The withdrawal should be credited to your wallet within minutes.
Best Crypto Casinos
To help you get the most out of crypto technology while gambling here are three top-rated cryptocasinos that are partners with irishonlinecasino.ie.
Legend PlayCasino
One of the newest cryptocurrency casinos, the Legend Play platform was introduced in 2022 and holds a license from Curacao eGaming. The casino collection boasts over 2000 titles from 65 software providers, despite its young age. The casino also boasts of having more than 15 accepted payment options, which is very uncommon. In terms of cryptocurrencies, Legend Play supports the following: Tether, Dogecoin, Ethereum, Litecoin, Bitcoin Cash, and Ripple.
Palm Slot Casino
Another example of a casino that debuted in 2022 and holds a Curacao eGaming license is Palm Slots Casino. There are more than 2,500 games in the casino’s library covering every conceivable genre. Twelve payment options are accepted by the casino, and five of them are cryptocurrencies: Ethereum, Tether, Bitcoin, Litecoin, and Ripple.
Cyberbet Casino
2018 saw the launch of Cyberbet following the acquisition of a license from Antillephone NV. The platform is enormous and offers every kind of gambling. The casino’s selection of over 4,200 games is the result of agreements it has with 51 software companies. Eight distinct cryptocurrencies—Bitcoin and Bitcoin Cash, Tether, Ripple, Dogecoin, Binance Coin, Ethereum, and Litecoin—are among the more than fifteen financial options that Cyberbet has accepted.
Visit our official website for more about crypto gambling and the best crypto casinos in Ireland. the regulations, and FAQs regarding crypto gambling in Ireland, and more. You will equally be graced with a greater selection of the best crypto casinos that irishonlinecasino.ie has partnered with and their bonuses and promotions.So what are you waiting for? Visit irishonlinecasino.ie and get educated on how to enjoy your games while wagering with crypto.
