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.
- Best Offers from Altcoin Casinos
- What Are the Most Popular Altcoins for Gambling?
- Altcoin Casinos: ETH, LTC, DOGE, USDT, XMR, XRP, TRX, ADA, ZEC
- Top Games at Altcoin Online Casinos
- Altcoin vs. Bitcoin: What’s the Difference?
- Advantages and Disadvantages of Gambling with Altcoins
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
- 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.
- 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.
- 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.
- 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.
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.
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!
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 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.|
Which are the best altcoin casinos?
It is hard to define the best altcoin casinos, because people value different things in a gambling site. For some it’s about the range of games. Others care more about bonuses and promotions. But one thing is for sure, all of the cryptocurrency casinos named on this page, such as FortuneJack and BitStarz, are among the top sites. Our expert team has vetted each one to ensure they are safe, legal and offer players an excellent crypto casino experience.
Why are altcoin casinos a good alternative to Bitcoin only gambling sites?
There are many reasons why altcoins can be a better option than Bitcoin for gambling. It depends which coins we are comparing. Ripple, for instance, tends to be faster than Bitcoin, meaning you can start playing more quickly. Other altcoins, like Litecoin, are often much cheaper to send to a crypto casino than Bitcoin.
Do I have to pay any fees when using cryptocurrencies?
Every individual crypto casino has its own rules regarding fees. Some cryptocurrency casinos do indeed charge a fee for making deposits or withdrawals, while others do not. BitStarz is a good example of a crypto casino that doesn’t levy any fees, whether you’re gambling with altcoins or Bitcoin. Network fees still apply, as they do with every crypto transaction made.
Which altcoins are the most popular for online gambling?
When it comes to altcoins gambling, Litecoin and Ethereum are the options most commonly found alongside Bitcoin at cryptocurrency casinos. But the situation is changing all the time, as new crypto casino sites appear on a frequent basis, while existing ones continue to improve their platforms.
Do all crypto casinos accept Alt-coins?
No. Gambling with cryptocurrency is still a relatively new concept. Many casinos have only dipped their toe into the water by offering Bitcoin. If you are looking for good altcoin casinos, you could try Bitcasino.io, which offers a total of seven different tokens.
Are altcoin casinos legal in the UK?
Yes. If the casino is complying with the UK Gambling Commission’s requirements, altcoins gambling is perfectly legal in the United Kingdom.
Are altcoin casinos legal to play in the USA?
The law around online casinos in the USA varies from state to state. But if your state permits regular online casinos, then it’s legal to play at altcoin casinos too, or to deposit with an altcoin in a state-licensed casino.