The Ultimate Altcoin Casino Guide 2024

Does your regular crypto casino only let you play using Bitcoin? Are you fed up with slow transaction speeds and high network fees?

Then you need our comprehensive guide to the best altcoin casinos:

• The best altcoins to gamble with instead of Bitcoin;
• Which cryptocurrency casinos offer the best bonuses;
• What are the best crypto casino games;
• The advantages and disadvantages of altcoins gambling.

Best Offers from Altcoin Casinos

Cryptocurrency casinos are no different to any other online casino sites in the way they approach welcome bonuses. It’s a competitive industry out there, and even the altcoin casinos have to work hard to try and catch our eye with a tempting sign-up package. Here are the best crypto casino offers around at the moment.

What Are the Most Popular Altcoins for Gambling?

There is an ever-increasing number of cryptocurrency casinos that allow gambling with altcoins. Let’s take a look at the most common tokens that are being used by online gamblers, as alternatives to Bitcoin.

Ethereum (ETH)

In terms of market cap, Ethereum is the second biggest cryptocurrency behind Bitcoin. It is usually both quicker and cheaper to send Ethereum to an online crypto casino than Bitcoin, so it’s easy to see why this particular coin is growing in popularity. Especially when it comes to altcoin gambling.

Aside from being a digital currency, Ethereum caters to a wide range of needs in several industries, including the casino industry. Recently, more online gambling sites like Vave, Bitcasino.io, 7Bit Casino, Bitkingz, and BC.Game Casino have integrated Ethereum into their payment options.

The reason for this is not far-fetched, as using Ethereum ensures a fast, safe, and anonymous gambling process. Also, the volatility of ETH allows for a sudden and sporadic increase in profits at various times, meaning that if withdrawals are made at these times, it will result in enormous payouts. On top of that, withdrawing payouts is entirely fast, seamless, and free.

Some offer first-time players welcome bonuses and do not charge fees for deposits or withdrawals. However, there’s a minimum amount of ETH that you must deposit before gambling. It’s worth noting that to gamble, you need to buy ETH and fund your wallet first. And since Ethereum is easy to buy on crypto exchange platforms, you should encounter no difficulty at all. 

Litecoin (LTC)

One of the earliest cryptocurrencies, Litecoin is virtually identical to Bitcoin and was created with the intention of speeding up crypto transactions. Its popularity has fallen in recent years and it is no longer among the top 10 by market cap. But it remains popular with gamblers at altcoin casinos, especially smaller stakes players.

Litecoin has a supply cap of 84 million and a market cap of $9.2 billion. Also, with a transaction processing speed of 54 Transactions per second (TPS), Litecoin is faster than Bitcoin and Ethereum.

Litecoin is low-cost, reliable, and allows you to perform anonymous transactions without hassle. It is also considered reliable because of the caliber of individuals that make up the developer team, of which Charlie Lee is included. 

Bitslot, Oshi, Bets.io, BC.Game, Stake, and Cloudbet are examples of Litecoin casinos offering the best gaming packages. 

Dogecoin (DOGE)

This cryptocurrency was famously created as a joke, based on the Doge internet meme. However, it recently blew up and peaked at a market cap of $85 billion, partly due to the likes of Elon Musk getting involved. As a result, many crypto casinos began to accept the popular coin.

Dogecoin utilizes the Scrypt algorithm and is relatively faster and more convenient than Bitcoin, taking only a minute to process confirmations and performing 30 transactions per second. 

Besides Dogecoin being used for performing various transactions on Twitter, Reddit, and online crypto communities, it can also be used for gambling on online gambling sites like BitStarz, 7Bit Casino, and Oshi.

Tether (USDT)

Originally set up as Realcoin back in 2012, Tether is a stablecoin which was initially intended to always be worth $1. Sometimes referred to as USDT, Tether is increasingly being adopted as a payment method by altcoin crypto casinos such as Bitcasino.io.

Tether is a stablecoin that provides crypto-to-crypto and crypto-to-fiat conversion. With a market capitalization of $76.54 billion, it’s one of the largest stablecoins in the cryptocurrency space. Since this altcoin is a stablecoin, it offers more liquidity than other digital assets, meaning that the stablecoin will maintain a price equal to the U.S. dollar’s value and will be less prone to volatility associated with other altcoins.

Ripple (XRP)

XRP, or Ripple, is often referred to as the “banking coin”, as it was originally designed for sending money between banks and other financial institutions around the world. It is one of, if not the fastest cryptocurrency to transact with. This makes it a very popular choice with players at altcoin casinos.

XRP is safe and secure, considering its decentralized consensus algorithms ensure high security during transactions. Still, investors believe that XRP is less decentralized compared to other cryptocurrencies because it keeps a default list of transaction validators. 

Additionally, several online casinos support the usage of Ripple, resulting in fast deposits and withdrawals, in addition to offering top bonuses and probabilities. So, if you have Ripple coins and are interested in betting with them, 7Bit Casino, Bets.io, 21Bit Casino, and Kryptosino are examples of Ripple casino sites that offer and accept Ripple as a payment option.

TRON (TRX)

A relatively new crypto coin, created in 2017. The company behind TRON is particularly interested in blockchain gambling, which explains why so many altcoin casinos have quickly adopted this particular payment method. While many crypto casinos are still yet to offer TRON, Fortune Jack is among those sites which do.

Because TRX was initially developed based on the Ethereum token, it shares similar features with Ethereum. So, Tron, like ETH, allows the creation of decentralized apps (dApps), allows users to perform anonymous transactions, and runs smart contracts.

Recently, the Tron platform has been accused of being too centralized, with about 50% of the TRX tokens on the market stored in ten addresses. This means that the owners of these addresses can influence the price of this cryptocurrency at any time. 

But many crypto casinos still seem to have faith in the coin as Tron is now a payment option in numerous casinos– meaning that TRX holders can place bets, play poker, and access other games in the casino without hassles. Examples of these casinos include FortuneJack Casino, Fairspin Casino, and Bitcasino.io.

Cardano (ADA)

Founded in 2015, Cardano enjoyed a big rally during 2021 to break into the top three cryptocurrencies by market cap, behind Bitcoin and Ethereum. There are not too many cryptocurrency casinos which accept Cardano at the moment, but Bitcasino.io is one that does.

Monero (XMR)

Security and anonymity were the founding principles of Monero upon its creation back in 2014 and it has been described as the “largest privacy coin on the market” by Forbes. This makes it a popular choice with players who value their privacy at altcoin casinos.

Shiba Inu (SHIB)

Interestingly, most people think the Shiba Inu coin is the same as Dogecoin because the Dogecoin brand image features the Shiba Inu dog. However, that is not correct. The Shiba Inu coin, called Shib, was established in 2020 by Ryoshi and is entirely different from the Dogecoin. 

Shib, like Ethereum, operates on the ERC-20 token and, therefore, shares similar features, including decentralized payments. 

Since its launch, it has been gaining much traction. While that is partly attributed to its name, it’s a no-brainer that the coin has been offering good merits. Hence, its acceptance by cryptocurrency gambling sites like Oshi, BC.Game, Cloudbet, 21Bit, and Stake.

Stellar (XLM)

It’s believed that Jed McCaleb, co-founder of Ripple, developed Stellar to address the shortcomings of the Ripple coin. 

The Stellar coin, XLM, is popular in the cryptocurrency community due to its inexpensive transaction fees and speedy transaction process as XLM is currently capable of processing 1000 transactions and up to 5000 transactions per second.

XLM has a market capitalization value of $2.34 billion, which is impressive, although not as high as some other altcoins on this list. 

XLM runs on the Stellar Consensus Protocol (SCP), which fosters decentralization on the platform. However, despite the implementation of cryptographic security in all operations on the network, investors still claim that Stellar’s security system is still far from satisfactory.

Stellar-friendly casinos where you can use your stellar coins to gamble are Vave, 1xbit.com, and BitCasino. 

EOS

EOS is a decentralized platform with a user-friendly interface that allows the creation of dApps and ease of use for developers. This altcoin also allows free transactions and is much faster than alternatives like Ethereum, reportedly processing millions of transactions per second.

With a 164.833% trading volume increase from April 2020 to April 2021 and a 498.855% increase from May 2020 to May 2021, it’s a no-brainer that EOS has witnessed a consistent and progressive trading volume since its launch.

Furthermore, EOS’ adoption of Delegated Proof of Stake (DPOS) increased their scalability time to about 10,000 transactions per second while significantly reducing transaction fees.

Several online crypto casinos support the EOS coin, meaning if you’re an EOS coin holder and have a flair for betting, Stake, BC.Game, 22 Bet, and Cloudbet are top-rated casinos you could play in. 

Trust Wallet (TWT)

Mobile wallets are the go-tos for crypto traders who feel insecure about storing their digital assets on cryptocurrency exchange platforms. And Trust Wallet is an excellent solution to the problem. 

Trust Wallet has been around for over six years, with increasing blockchains and assets. It was founded in 2017 by Victor Radchenko, and a year later, Binance acquired it and it became their official cryptocurrency wallet.

It’s an open-source wallet with a built-in Web3 browser that allows users to purchase their desired crypto tokens through the decentralized exchange and access the various DApps available on the ETH platform. 

Several online gambling sites have taken an interest in the wallet and support its usage in gambling. Examples of Trust Wallet-friendly casinos include BC.Game, and Bitstarz.

DASH

Dash uses a modification of the proof of stake algorithm and CoinJoin to ensure privacy on the blockchain. It also utilizes the “master nodes” method of handling transactions to simplify the verification and ensure the validation of transactions. 

While people might say that Dash coin is not widely known and might only be around for a short time, the coin has remained in our good records with lower transaction fees and higher transaction speeds than other altcoins. 

Still not as common as ETH and Litecoin, several online casinos, including BC.Game, Cloudbet, and FortuneJack are now accepting Dash as a payment method.

Solana (SOL)

Solana is one of the newest cryptocurrencies to grace the crypto community. Launched in 2020, Solana shares similar features with ETH but offers a faster transaction means than ETH.  

However, with seven network outages on the Solana crypto platform in the last two years, many people are still doubting the reliability and viability of the altcoin. So, while Solana offers swift payment processes and is widely accepted, not many casinos are accepting the coin just yet. 

A few online gambling sites have taken an interest in the coin and are now accepting it as a means of payment for making deposits, withdrawals and playing various games. Some Solana-friendly casinos include Thunderpick, Cloudbet, Lucky Block, and BC.Game.

Altcoin Casinos: ETH, LTC, DOGE, USDT, XMR, XRP, TRX, ADA, ZEC

Ethereum Casinos (ETH)	Ripple Casinos (XRP)
Litecoin Casinos (LTC)	TRON Casinos (TRX)
Dogecoin Casinos (DOGE)	Cardano Casinos (ADA)
Tether Casinos (USDT)	Zcash Casinos (ZEC)
Monero Casinos (XMR)

How to Buy Altcoins to Gamble Online?

Purchasing altcoins couldn’t be easier. Here’s a brief step-by-step guide on how to buy altcoins.

1. Do your research. First of all, you need to make a decision about which coins you actually want to buy. Things to consider might include how long the cryptocurrency has been in existence, recent changes in market valuation and whether or not it is compatible with your existing wallet.
2. Register with an exchange. Once you know which altcoins you want to buy, you need to find an exchange that will let you purchase them and sign up for an account. Some of the biggest names include Coinbase, eToro and Gemini, but there are so many different apps and websites around today.
3. Fund your account. In order to buy altcoins, you first need some kind of credit to begin trading. Some exchanges will not let you buy altcoins with fiat currency, so you may need to transfer Bitcoin into your new account. Sites like Coinbase make everything very simple and you can load your account with most major fiat currencies like USD, GBP and EUR.
4. Make your purchase. That’s it, you’re all set. Have fun purchasing your altcoins!

Top Games at Altcoin Online Casinos

Altcoin casinos are not much different to any other online casino site, in terms of the range of games offered. All of the very best cryptocurrency casinos offer a wide range of games, including live dealer variations. Here are some of the most popular crypto casino games.

• Roulette

A casino classic, roulette is one of the most fast-paced and exciting table games available to play. Its combination of simple rules, speed and the ability to win big makes it a favourite among all casino players, especially those at cryptocurrency casinos.

• Slots

The best crypto casinos offer a varied selection of the latest and greatest slot machines, from innovative software houses such as NetEnt, Play’n GO or Microgaming. There are so many amazing slots out there today, with all kinds of clever game mechanics, like Megaways, Infinity Reels and progressive jackpots. The latter can pay out life changing sums of money!

• Poker

An increasing number of online poker sites allow players to compete using cryptocurrency, including altcoins. Play real money games, such as Texas Hold’em Omaha and Seven Card Stud, against real people all around the world.

• Blackjack

Blackjack is one of the most popular games at both land-based and online casinos, and cryptocurrency casinos are no exception. Bet using altcoins, get as close to 21 as possible without going bust and double your money. And if you’re lucky enough to be dealt blackjack, get an extra bonus in winnings!

Altcoin vs. Bitcoin: What’s the Difference?

Bitcoin was the first cryptocurrency, which spawned an entire community of enthusiasts. But because it came first and was designed to achieve very specific things, it has limitations. As such, developers of altcoins, short for Alternative Coins, are building upon the success of Bitcoin to solve a range of different problems.

Alternative coins are often created from the original Bitcoin blockchain in what is called a fork. But other tokens, such as Ethereum or TRON, sit on completely different blockchains. Many coins are designed with a specific need in mind, so they can perform that function better than Bitcoin. Ripple, for instance, is designed to facilitate payments between banks, across national borders.

However, whether it’s a Bitcoin fork or a new network entirely, each coin has its own unique advantages and disadvantages. Many non-Bitcoin networks allow smart contracts. Many are less resource intensive, making for faster and cheaper transactions. Others are more interested in security and anonymity.

Advantages and Disadvantages of Gambling with Altcoins

Whatever the differences between Bitcoin and the thousands of other available coins, the most common altcoins are increasingly being offered by crypto casinos. Altcoin casinos are growing more and more popular by the day.

Let’s take a look at why that is happening, by comparing the main advantages and disadvantages when it comes to altcoins gambling.

Altcoin Advantages	Altcoin Disadvantages
Many coins, such as Bitcoin Cash and Ethereum, are much quicker to send to cryptocurrency casinos than Bitcoin.	Bitcoin’s history, reputation and first mover advantage means that it is favoured by most cryptocurrency casinos. Many altcoins are simply not available to use at a crypto casino.
Bitcoin can be extremely expensive to use as a crypto casino deposit method. Altcoins like Ripple and Litecoin tend to be much cheaper.	Although all cryptocurrency is volatile, some altcoins are even more volatile than Bitcoin.
A coin like Monero offers increased privacy, compared with Bitcoin. Those concerned about anonymity should look for altcoin casinos offering this particular token.	With alternative coins, longevity can be a concern. We have already seen some coins used at altcoin casinos which no longer exist.
Since Bitcoin is viewed primarily as the “gold” of the cryptocurrency world, it is considered more a store of value. For day to day transactions, such as depositing at a crypto casino, it makes more sense to use altcoins.

How We Rate the Best Altcoin Casinos 

For our casino rating I’ve implemented a 9-point evaluation system that allows our team to rate the top altcoin casinos, picking only the best and trusted brands for our recommendations:

• Checking the casino security.
• Assessing the payout process.
• Evaluating the number of cryptocurrencies accepted, as well as specific crypto friendly payment methods.
• KYC process, and availability of anonymous gambling.
• Software providers.
• Game selection.
• Quality of the bonus programs, including free spins promotions.
• Casino VIP program.
• Customer support.

I wholeheartedly invite you to explore my extraordinary 9-point evaluation system by visiting this page.

FAQ

Cryptocurrency talk often defaults to highly volatile assets like Bitcoin, Dogecoin, and some of the smart contract chains like Ethereum. But, what might be the most important type of “coin” for the gaming industry to understand are stablecoins.

Kahlil S. Philander
Researcher