Differences Between Crypto Online Casino Sites and Classic Ones

Differences Between Crypto Online Casino Sites and Classic Ones
фото показано с : captainaltcoin.com

2018-11-15 02:47

Without a doubt, every new online casino enthusiast experiences some difficulty when choosing an online gambling site. There are so many online gambling sites available nowadays that players regularly find themselves spoiled for choice. To attract players to their gaming venues, online operators  embrace all sorts of innovations, including cryptocurrencies.

Crypto online gaming sites have been around for a while, and people seem to like them a lot. Of course, crypto gambling sites and classic ones differ greatly and, according to some experts, that is precisely why players like them so much.

In the following article, you can find some key distinctions between classic gaming sites and crypto ones.

How currency shapes the means of transaction

Not surprisingly, the main difference between crypto online casinos and classic ones has to do with the means of transaction. It is generally considered that transactions of funds are completed in a quicker, hassle-free manner at crypto casinos, and there is a reason behind it, too.

At crypto casinos, players can easily deposit or withdraw funds from their casino account using so-called e-Wallets. These are digital wallets, where players can store their cryptocurrencies. Making transactions via e-Wallets at crypto casinos is quick and easy, and transactions are completed instantly, even withdrawals. This is because cryptocurrencies, unlike fiat currencies, do not need financial institutions to function.

When players use fiat currencies, they usually need to wait several days (or weeks) for withdrawals to be completed, and the process regularly includes a verification process, too.

Differences in terms of security

e-Wallets allow gamblers to indulge in online casino gaming without revealing their personal details, and for this reason many online players presume that crypto casinos are substantially safer than classic ones.

Since cryptocurrency transactions are entirely conducted on the web, however, proper audit and verification might become a challenge. To make matters worse, cryptocurrencies allow players and operators to remain anonymous, which makes it very difficult to set global industry regulations.

On the other hand, when fiat currencies are used at online casinos, they enable regulators to track and identify players and operators. Whereas some will undoubtedly find some privacy issues with this fact, it can not be denied that fiat currencies allow us to enjoy a more regulated gambling market.

Choosing the right online casino

Evidently, both crypto sites and classic ones can offer players different advantages and disadvantages, so it is essentially up to their preferences to choose an online gaming site.

Having said that, we would like to introduce the best cryptocurrency gaming site as well as the best online casinos at CasinoGuardian.co.uk, as ranked by our experts.

1. FortuneJack Casino

FortuneJack is a purely crypto online gaming site, which accepts some of the most popular digital currencies, including Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Dash, and many more. The site exists since 2016 and holds a license issued by the Government of Curacao.

At FortuneJack Casino, players can enjoy numerous casino games – the site boasts a rich collection of slots and table games, and it even features a live gaming section with an overwhelming variety of available games.

FortuneJack Casino offers a set of amazing bonuses to both newcomers and regular players. For example, new players can take advantage of an appealing Welcome Bonus offer, which includes a 110% bonus on the first deposit up to 1.5 BTC, as well as 250 free spins. Apart from that, the casino also offers a monthly cashback bonus and many more.

2. LeoVegas Casino

Launched several years ago, LeoVegas is an online gambling site, dedicated to providing players with the best gaming opportunities on the go. This is an award-winning casino, licensed by the UK Gambling Commission and the Malta Gaming Authority, making it one of the safest mobile casinos one can find.

LeoVegas Casino boasts one of the richest collections of casino games – there are more than 900 different games available on desktop mode and over 600 on mobile mode, making it the biggest mobile casino in Britain.

The casino accepts major fiat currencies like AUD, EUR, SEK, CAD, and GBP. On top of that, the site works with numerous payment methods, so that players can use the transaction method they prefer the most.

The post Differences Between Crypto Online Casino Sites and Classic Ones appeared first on CaptainAltcoin.

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