Crypto gambling has been an emerging and popular trend in recent years. With the world going digital, it’s no surprise that our money is being converted to cryptocurrency as well. As more people are turning to crypto for their investment opportunities, there are also a growing number of crypto gamblers who are converting their American dollars into Bitcoin or Ethereum and investing in crypto-friendly poker sites. This article have put together this comprehensive guide to show you how to use your crypto currency and win big at crypto gambling!
Crypto Gambling Basics
- What is Crypto Gambling?
Crypto gambling is the practice of using cryptocurrency to play poker, casino games, and other gambling games. It’s also known as crypto gaming or crypto betting.
- How do I get crypto?
The first thing you need in order to play crypto poker or gamble online is some form of cryptocurrency. You can either buy Bitcoin from a company like Coinbase, or convert an existing currency into Bitcoin (or Ethereum) through a service like Changelly. The process of converting your dollars into Bitcoin can take anywhere from minutes to hours, depending on how quickly the service converts your money.
- What are the advantages of using crypto for gambling?
One advantage of using crypto gambling is that it presents a new way for people to bet without having to sign up for various credit card offers or create more accounts than they need. Players don’t have to divulge any personal information, either when withdrawing their winnings or depositing their funds into the site.
Another perk is that there are no transaction fees when using cryptocurrencies; this allows players to withdraw much larger amounts than they would otherwise if they were playing with fiat currency (traditional money).
How To Use Crypto-Friendly Poker Sites
One of the hardest things about using cryptocurrency is simply getting your hands on it.
Fortunately, there are many crypto-friendly poker sites that will allow you to use Bitcoin or Ethereum for deposits and withdrawals.
It’s just a matter of choosing the one that best suits your needs.
There are also many online crypto-services like Coinbase that make it easy to convert your U.S. dollars into crypto currency so you can use them at any time with no added fees.
Some online poker sites have their own bitcoin wallets and will allow you to deposit or withdraw directly from those wallets, making it even easier for you to play poker with your crypto!
CryptoGames is a very interesting site because it has something different from other sites; it’s based on Ethereum technology instead of Bitcoin technology. And even though Ethereum is the second most popular cryptocurrency in the world, it’s still not as well known as Bitcoin in terms of gambling and paying for services online. And that could be a good thing for you: there’s less competition when you play at this site!