There has been a lot of buzz around stablecoins lately. These cryptocurrencies are backed by real assets like gold or fiat money, and you can use them to make direct payments.
Stablecoins are becoming increasingly popular for gamblers and casino operators alike. You can use them to play online slot machines or other casino games, but they also offer additional benefits. The blockchain and smart contracts technology of the stablecoin ecosystem allows millions of transactions to be executed per second with no delays or errors.
That is why stablecoins are very popular among crypto casino sites, which makes stablecoin casinos the best match for people who are looking for safe crypto deposits and withdrawals. In this article, we will talk about stablecoin gambling sites, their features, and available games.
How We Rank Stablecoin Casinos
These casinos are among the fastest-growing markets in recent months. Using a stablecoin as a base currency is an easy way for casinos to reduce the volatility risk that comes with accepting cryptocurrencies like Bitcoin and Ethereum for deposits and withdrawals.
We have taken an in-depth look at some of the best stablecoin online casinos on the market today and have come up with our own ranking system based on factors such as customer satisfaction, security, and payment options. Our rankings are based on user reviews, Firsthand experiences, Google search results, and other factors that we feel make a great online casino experience.
We have reviewed hundreds of casinos over the years, so we know what makes them tick. The following elements will be taken into consideration when ranking a casino:
License and Registration
One of the most important things you should look for in a crypto casino is its license and registration. A good crypto casino will have all the relevant documents proving it is legitimate. You don’t want to gamble at an illegal casino because authorities can shut it down anytime.
Licensing authorities such as Curacao eGaming, Malta Gaming Authority (MGA), Alderney Gambling Control Commission (AGCC), etc., ensure that all licensed casinos adhere to strict regulations set by respective jurisdictions. So, if a casino has a license from one of these authorities, then there is no reason not to trust it with your hard-earned money!
Deposit and Withdrawal Mechanisms
Most top-notch stablecoin online casinos will offer multiple deposit options to players. This means that you will be able to deposit money into your account with various methods, including credit cards, e-wallet services like PayPal and Skrill, and cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
In addition to this, most casinos also provide multiple withdrawal options. This is important because it allows you flexibility when withdrawing from your account. You can choose from various methods for taking out your winnings from the casino to various crypto wallets.
Interface and Navigation
The interface and navigation are essential factors determining how easy it is to play at a casino. Most cryptocurrency casinos have an identical interface, so there’s little to choose from regarding the visual style. However, there are some differences in terms of usability and navigation.
For example, some sites offer a search function that lets you look for games by category or type. Others use separate pages for each game, which can be confusing if you’re new to stablecoin staking. If you like having more control over your experience and want to navigate more quickly, then you might prefer a site with a search function.
Selection of Games
The selection of games at a casino is essential. You want to be able to choose from several different types of games to find the ones that are right for you.
Stablecoin online casinos offer a wide variety of games, including slots, table games, sports betting, and poker. They also usually have other types of gambling available. These include live dealer casino games and virtual sports betting.
Customer support is an essential feature of every online casino. It is crucial for the cryptocurrency gambling industry since many users are new to the digital currency world and may not know how it works.
Customer service is available 24 hours a day, 7 days a week, at all our recommended casinos. Support agents can help you start Bitcoin gambling and answer any questions about deposits and withdrawals.
If you are having trouble with your account or need assistance, contact customer service through live chat or email.
After putting each crypto casino in order based on the above factors, we give it a score from one to five for each of its good points. We add all the results and find the average to get a crypto casino’s final score on a scale from 1 to 5.
We use this scoring system because it’s objective and fair. It doesn’t matter if you’re our favorite casino or not; the fact is that we want you to always play at a safe and secure place.
What Are Stablecoin Casinos?
Stablecoins are cryptocurrencies attached to a stable asset, usually a fiat currency. They are often backed by actual assets stored in a bank or vault. The most common examples of stablecoins include Tether and TrueUSD, although many other stablecoins are on the market.
The main purpose of these currencies is to provide users with a stable price to the volatile market value of traditional coins like Bitcoin and Ethereum. If you want to gamble online but don’t want your winnings or losses affected by Bitcoin price fluctuations, using a stablecoin is one way to do this.
Stablecoins can be used as virtual cash for gambling sites like casinos because they have no volatility and are pegged to real-world currencies like the US dollar or Euro. Their prices fluctuate less than other coins over time, which makes them safer to use as payment methods for online casinos.
Types of Stablecoin Casinos
Stablecoins are growing in popularity and for a good reason. They offer stability to players and operators alike, which is especially useful in cryptocurrency casinos. There are many different types of stablecoins, but the most popular stablecoins are:
Tether (USDT): Most online casinos accept Tether (USDT), the most widely used stablecoin since it is simple to use and has no associated costs. Tokens are linked to the value of the US dollar so that you may exchange one token for one dollar.
USD Coin (USDC): Dollar Coin (USDC) is an Ethereum network-based stablecoin that was first issued to the public as an ERC-20 token. It is tied to the value of the US dollar. It provides extra safety for cryptocurrencies since it is backed by US dollars and treasury assets issued by the US government.
Binance USD (BUSD): Binance USD (BUSD) is a regulated stablecoin linked to and backed by the US dollar that was launched in 2019 by blockchain infrastructure platform Paxos and cryptocurrency exchange Binance. Due to its low price and high market capitalization, it is the sixth most significant cryptocurrency.
Dai (DAI): The Dai (DAI) token is a decentralized stablecoin pegged to the dollar. This currency is backed by collateral of multiple cryptocurrencies on the Maker Platform, in contrast to stablecoins issued by a central authority and backed by dollars in a bank account.
TrueUSD (TUSD): If you want a token that is entirely collateralized against the US dollar, go no further than TrueUSD (TUSD). Because of its status as the first digital asset to be released on the TrustToken platform, its holdings are dispersed throughout several financial institutions and trust businesses.
Reasons for Stablecoin Gambling
The rise of cryptocurrency gambling has revolutionized the online gaming industry. The use of cryptocurrencies has made the process of depositing and withdrawing funds a lot easier. It has also paved the way for new players who don’t have access to traditional banking services.
However, not all cryptocurrencies are created equal regarding online gambling. Some cryptocurrencies are more stable than others and are, therefore, better suited for online casinos.
Here is why stablecoins can be used in online crypto casinos:
The most important benefit of a stablecoin casino is that it offers stability. You can play your favorite games without worrying about fluctuations in the value of your money because the currency used in these casinos is not affected by market fluctuations or other factors. This means that you will always have an equal chance to win regardless of what happens in the world outside the casino.
It’s a great way to get started in cryptocurrency
If you’re new to the world of cryptocurrency and want to avoid losing money, using a stablecoin is a great way to get started. Stablecoins are relatively cheap and easy to buy, so you can try your hand at investing without risking too much money.
Security and Privacy
The security and privacy offered by a stablecoin casino are also crucial since it ensures that all transactions are protected against fraud and theft. These crypto casinos use advanced encryption techniques to keep everything safe from third parties who want to steal from players or even from hackers who want to break into the system. They also have security measures like SSL encryption for all banking transactions so that anyone else cannot steal your data online.
When you make a deposit using a credit card, your money is not transferred into the game’s account until the transaction has been approved by your bank or credit card company. This process can take anywhere from 30 minutes to several days, depending on how soon your bank approves the transaction. Furthermore, if they choose to cancel the transaction at any point in time after it was initiated, they will charge you an additional fee for doing so.
When you win money while playing online slots or any other casino game, it can take anywhere from 1-3 days before your winnings are paid out to you. The reason for this delay is that casinos need time to verify that their software hasn’t been tampered with and that all players have played fair according to the rules of the game.
Games to Play at Stablecoin Casinos
These casinos are the new thing in the casino industry. They offer a wide variety of games, from poker to slots and everything in between.
Here are some of our favorites:
Poker: Poker is one of the most popular games at any casino, but it takes an extra special kind of player to win at a stablecoin casino. Since your money is always worth the same amount, there’s no risk involved in putting your chips on the table, which means you can play more hands than usual!
Slots: The best part about slots is that they’re easy to understand and fun for everyone! Stablecoin casinos often have large jackpots, which can pay out thousands or even millions of dollars if you hit just right!
Crash: Crash is a fun new take on roulette where you bet on how many times something will fall over before it stops moving. It’s simple enough that anyone can play and excite sufficiently that even pros will have fun trying their hand at it!
Plinko: Plinko is similar to Crash in that you’re stacking blocks on top of each other and trying to fit them together correctly. The difference here is that there are different colored pegs and holes, each with its point values. Plinko is a fun game for all ages!
Dice: Dice is a game where players bet on the outcome of rolling a pair of dice. The odds are determined by the number of faces on each die, with higher numbers giving you better odds of winning. Dice has an average house edge of 2%.
Roulette: In roulette, players bet on whether their chosen number will be selected to win. The house edge varies depending on how many numbers are included in the roulette wheel. There are many variations, including American Roulette and French Roulette.
Blackjack: In blackjack, players try to get as close to 21 points as possible without busting (going over 21). Players can double down on anything up to three times (taking double their initial bet), split (splitting two cards into two hands), and receive insurance if the dealer’s first card is a ten or Ace (this pays 2:1).
Pros & Cons of Stablecoin Casinos
The new era of cryptocurrencies has brought about many changes in the gambling industry. One of the most important innovations is the introduction of stablecoins, a type of cryptocurrency that’s pegged to a real-world asset such as gold or fiat currency.
The advantages and disadvantages of using these types of digital coins are numerous, but there are some key benefits to using them that you should know about before deciding whether to play at stablecoin casinos.
Exchange medium: You can use stablecoins to exchange fiat money or crypto coins in a decentralized manner.
Remittance: Stablecoins can be used as an alternative to banks and other financial institutions for sending and receiving remittances using cryptocurrencies.
Gambling online: Stablecoins can be used as a currency in online casinos and gambling sites that accept cryptocurrencies as payment methods. This makes it easier for people who want to play casino games online but don’t want to deal with cryptocurrency volatility problems.
Cryptocurrency volatility hedge: Stablecoins are also suitable for hedging against volatility in the value of cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH).
If you have an investment portfolio that includes digital assets, then consider adding some stablecoins into your portfolio as a way to protect yourself against price fluctuations in other digital currencies like BTC or ETH.
Centralization: The supply of most stablecoins, even those backed by fiat currency or commodities, must be controlled by a central body. The tokens are centralized, unlike other cryptocurrencies, which means a company may make changes without informing customers. Threats of bankruptcy and government regulation might be awaiting them.
Transparency: Unless corporations can prove otherwise, the public may not put much stock in their claims that they have sufficient reserves. If they don’t, customers can start to distrust the legitimacy of the business.
Bonuses at Stablecoin Gambling Sites
Bonuses are a great way to get started on your crypto gambling adventure. The best of them come with a lot of attractive features and conditions, which can be beneficial for your overall experience.
Welcome bonus: This is the first deposit bonus given to players when they join a gambling site for the first time
Free spins: Free spins on a specific slot game, usually given to players when they make their first deposit at a casino; it is generally not possible to win real money from free spins.
Cashback bonus: Cashback is a bonus that allows players to get some of their losses back when they play at an online casino.
Reload bonus: Reload bonuses are given out by casinos whenever you make another deposit after you’ve used up your previous one. They’re usually much smaller than welcome bonuses or first deposit bonuses, but they give you more chances to win real money in the long run!
If you are looking to play casino games with a digital currency like Bitcoin, then the best choice for you will be a casino that accepts stablecoins. Stablecoins are the cryptocurrency version of fiat currencies, which means they aren’t subject to the volatility associated with the rest of the digital currency market. The use of stablecoins is growing within the online gambling industry at an exponential rate, and if you are looking for a safe, trustworthy method to fund your gambling account, then stablecoins will be an excellent choice.
Tether (USDT) and (USDC) Coins are undoubtedly the most significant stable coins for gaming. They are by far the most common in usage among stablecoin-accepting crypto bookies. It is more obscure and challenging to locate bookmakers who accept the Gemini Dollar (GUSD) and Paxos Standard (PAX).
You can make money on stablecoin when playing casino games, just like you can make money on anything else if you do it right. It all comes down to knowing where to play and what games will get you the most bang for your buck!
Yes, it is legal to use these sites. The stablecoin gambling sites operate under the laws of their jurisdiction. This means that if you are a citizen of a particular country and you are playing at an online casino, then you need to be aware that they can legally accept your money and keep it in their accounts.
The interest in stablecoin gambling sites is growing because they offer players a way to avoid adverse fluctuations and enjoy high-quality games with minimal risks or losses.