When Bitcoin was invented in 2009, few could have predicted that it would have been the start of a multi-billion dollar industry. Just over ten years later we’ve seen the growth of the cryptocurrency market, and the thousands of altcoins that have popped up. Today, the cryptocurrency market is worth a whopping $353 billion USD (at the time of writing), with Bitcoin at the helm. However, altcoins like Ethereum, Bitcoin Cash, Ripple and Litecoin are equally important, and all bring something new to the space. Cryptocurrencies have revolutionized the way we do many things – including gambling. Crypto and altcoin casinos make up a large proportion of the online gambling scene, and they’ve changed the way we play in numerous ways. We’ll be taking a look at the best altcoin casinos, so that you can start crypto gambling the right way.
The Best Altcoin Casinos
Now, let’s dive into the juicy part of this article. When you first start crypto gambling, you’ll want to ensure that your chosen altcoin casino is trustworthy, established, and has a solid selection of games. A generous welcome package is plus too. We’ve determined which altcoin casinos we like to play at, and we think they’ll suit you well too.
4. BitStarz Casino
Bitstarz is arguably one of the more established altcoin casinos on the market. Having launched in 2014, this casino is home to thousands of fantastic games, including video slots, virtual games, live casino games, table games, and more.
It’s a fiat and altcoin casino, so you can play with Australian dollars, Canadian dollars, Chinese yuan, Euros, Japanese yen, Norwegian kroner, New Zealand dollars, Polish zlotys, Russian rubles, and US dollars, as well as Bitcoin, Litecoin, Dogecoin, Ethereum, Bitcoin Cash, and Tether. Deposit and withdrawal speeds will depend on your chosen payment method – with a speed range between instant and 5 days.
3. GreenSpin Casino
GreenSpin casino is an altcoin casino that accepts Tether, Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dogecoin. It was established in 2020, making it a newer online altcoin casino. GreenSpin is socially responsible, and offers a massive selection of games, various payment methods, and solid promotions and bonuses.
At this altcoin casino, players can gamble on slots, jackpot games, live casino games, table games, and more. GreenSpin also accepts a range of fiat currencies, but their transaction speeds are much slower than the crypto options.
2. KingBit Casino
KingBit burst onto the altcoin casino scene in 2019, and quickly made a name for itself thanks to its incredibly generous bonuses and wide game selection. Players can gamble with altcoins including Ethereum, Litecoin, Ripple, and Tether, as well as Bitcoin.
KingBit casino has a huge selection of the top casino games in the world, from providers such asEzugi, Mascot Gaming, BetSoft, Wazdan, Nolimit City, Sinomenal, Pragmatic Play, Booming Games, and Reel Time Gaming. Players will find slots, scratch cards, table games, jackpots, virtual games, video poker and video bingo.
1. BetChain Casino
The top altcoin casino on our list of the best altcoin casinos in 2020 is BetChain. BetChain launched in 2014, and is one of the most well-loved altcoin casinos on the market. It offers players fantastic bonuses, a huge range of altcoin casino games, ease of use, and reputable online gambling.
Players will find slots, poker games, video poker games, card games, provably fair games, live dealer Games, and much more, all available to play with Australian dollars, Canadian dollars, Euros, Norwegian kroner, Russian rubles, and South African Rand, as well as Bitcoin, Litecoin, Dogecoin, Ethereum, and Bitcoin Cash.
A Bit More About Altcoins
An altcoin is any cryptocurrency that is not Bitcoin. Bitcoin, the original cryptocurrency, was invented in 2009 by Satoshi Nakamoto. Satoshi is the anonymous founder of the entire cryptocurrency industry, as his invention went on to spark the growth of all digital assets.
At first, cryptocurrencies were largely seen as a fringe idea. However, the crypto bull-run of 2017 changed all of that. Cryptocurrencies had already grown in popularity by that point, but when Bitcoin’s price peaked over $20,000, things started to change dramatically. Altcoins, forever on the trail of Bitcoin, swiftly followed suit, and the entire digital asset market swelled.
Today, cryptocurrencies like Ethereum, Ripple, and Bitcoin are household names. The crypto market has grown in leaps and bounds, and sparked the creation of alternative industries like the crypto gambling scene. Many casinos accept both fiat and cryptocurrency options, and altcoin casinos are on the rise.
How to Buy Altcoins
If you’re looking to start gambling at altcoin casinos, it’s probably a good idea to first acquire some altcoins. Let’s take a look at the top five altcoins at the moment, according to CoinMarketCap.
- Ethereum: Established in 2015. First to introduce the concept of “smart contracts”. Available at most crypto casinos.
- XRP: Founded by Ripple. Used often in the remittance industry – not decentralized.
- Tether: A stablecoin that works on a 1-to-1 basis with the US dollar.
- Bitcoin Cash: A fork of the Bitcoin blockchain.
- Bitcoin SV: A fork of the Bitcoin blockchain.
When you’re looking to start playing at altcoin casinos, you should first decide which altcoin you want to play with. Any of the top ten cryptocurrencies by market cap will be fairly accessible, and easy to buy.
When you want to trade altcoins, you’ll need to do so over a cryptocurrency exchange or trading platform. Exchanges like Binance and Coinbase are established and trustworthy, and allow you to buy altcoins with your credit or debit card. All you need to do is sign up, complete a KYC process, and have a crypto wallet where you can store your digital assets.
Altcoin casinos will then have a specific address for you to deposit into. Usually, the funds will be credited to your account instantaneously – although it does depend on the coin of your choosing. Different coins have different transaction times.
Start Playing the Top Games at Altcoin Casinos Today
Now that you have a comprehensive list of the best altcoin casinos of 2020, you can start playing the very best games the industry has to offer. From slots to video poker, table games, scratch cards, live casino games, and more, there’s nothing that these altcoin casinos can’t do.