Cryptocurrency is now part and parcel of daily life, and it makes complete sense considering its vast benefits. For instance, the best cryptos allow users to enjoy unparalleled privacy and security. Plus, they attract lower fees than traditional alternatives like credit/credit cards and bank transfers. The good news is you can use cryptocurrencies for a broad selection of activities and enjoy said perks, including online gaming.
Most digital casinos reviewed on bitedge.com allow avid gamers to use a different cryptocurrency, including the ones listed below. But before meddling with any digital asset, familiarize yourself with all potential benefits and risks.
1. Bitcoin
Introduced in 2009, Bitcoin is arguably the best crypto in online casinos. It’s widely recognized and accepted by tens of thousands of global merchants and service providers, including online gambling sites. Finding a good casino that accepts this cryptocurrency shouldn’t be a problem since many BTC-friendly establishments are available today.
Bitcoin also boasts high liquidity. Buying it when you need to play online and selling it after cashing out your proceeds should be seamless. Moreover, this crypto supports quick withdrawals and deposits, facilitating excellent experiences at all times.
2. Dogecoin
Dogecoin is another popular crypto and a top altcoin today. It enjoys widespread popularity and is accepted by countless companies, including online gambling brands. With this crypto in your portfolio, you can enjoy the best experiences across most gaming sites.
Dogecoin is also recommended since it is friendlier and more accessible than other alternatives. It’s easy to understand and an ideal option for people who are new to the crypto space. Furthermore, this asset boasts fast transaction speeds. Presently, the Dogecoin network can process up to 33 transactions/second.
3. Ripple (XRP)
If you are a fan of cheaper altcoins, consider gaming and wagering with Ripple. This asset is more affordable than most popular cryptos, including Bitcoin. Currently, 1 ripple costs around $0.54, which is incredibly cheap, considering that popular coins like BTC cost tens of thousands of dollars. Acquiring XRP should be easy, even for low-budget individuals.
Ripple has another noteworthy strength: high transaction speeds. With this coin, your transactions will take a few seconds, which makes it ideal for preventing unnecessary delays from ruining your online gaming experiences.
4. Ethereum
Launched in 2015, Ethereum is a popular asset that’s accepted by thousands of service providers worldwide, including online gaming companies. It’s one of the easiest cryptos to use, especially for casino gaming enthusiasts.
Due to its widespread adoption, many savvy individuals prefer Ethereum. Other aspects have contributed to this altcoin’s popularity, including fast transaction times, unmatched transparency, and interoperability with DeFi ecosystems. Not to forget, ETH has lower fees than many popular digital coins and tokens.
Conclusion
Most of today’s popular cryptocurrencies are supported by the best digital gaming sites. They range from Bitcoin and Ethereum to Dogecoin and Ethereum. That said, cryptos are subject to extreme price volatility. In other words, crypto prices often swing wildly, resulting in substantial gains and losses. Be informed and use all the tricks to protect yourself from shattering financial hits.