Despite the legal issues surrounding its use, virtual currency is slowly becoming one of the most popular payment options in online casinos. That said, some players still have qualms about using cryptocurrency, given that it has not been officially licensed. However, in reality, most of the top online gambling sites have the required licensing and registration to transact in cryptocurrency.
The use of cryptocurrency requires that you have a deep understanding of how it works. That will require that you do some thorough reading and research before you can be confident enough to transact in virtual currency. Once you have a cryptocurrency account, you will need to top up your account with virtual currency from a trusted source. To deposit, select cryptocurrency as your preferred option, fill in the required details, and confirm.
In most cases, once the cryptocurrency land into your account, the casino converts it to US dollars to make playing easier. The US dollars are then converted back into cryptocurrency during withdrawal. Some sites may charge you extra for the transaction while others may not. Cryptocurrency is secure and is rarely affected by market changes.
The best online sites to transact using cryptocurrency in August are Fun Casino and NoBonusCasino.com, and here is why.
A welcome bonus of up to £998, plus 100 free spins is quite tempting, right? Well, that is what you get when you make your first and second deposit as a newbie at Fun Casino. Unfortunately, there is no mention of daily cashback bonuses or any other promotions. Fun Casino’s activities are regulated by the Malta Gaming Authority, the UK Gambling Commission, and the Swedish Gambling License. The site offers 317 desktop slots, 249 mobile slots, and 70 live dealer games, so you can be sure there is something for everyone. Besides, the website is mobile and user-friendly, with dozens of payment options.
No Bonus Casino welcomes new members with a 10-cashback bonus on their first deposit. The site came into fruition in 2013 and is licensed by the MGA, the UK Gambling Commission and the Swedish Gambling License. Unfortunately, No Bonus Casino is for UK citizens only. If you are from another region, visit the site and you will receive a link of available online casinos in your area. So far, the site hosts 238 mobile slots, 306 desktops slots, and 68 live dealer games. The site’s major gaming providers are Netent and Yggdrasil.