The industry of iGaming and cryptocurrencies have become an ideal match straight away. ‘Why has this happened’, you will ask? The explanation lies in cryptocurrency decentralization and innovative approaches of the online casino market. With implementing brand new types of cryptocurrency like Ethereum, Dogecoin and Litecoin, more and more fervent players deposit and withdraw funds through crypto values.
This piece of material will elaborate on the ways how cryptocurrency can improve the process of playing at online casinos and what perks it can provide to customers. For those who are novice punters, transferring money in crypto ensures total anonymity and proposes instant transactions with no delays or additional fees. When compared to other traditional payment methods, cryptocurrency has a significant benefit.
So, let’s discuss cryptocurrency in greater detail and present some online casinos that offer this banking method to Australians. It doesn’t really matter whether you are an aficionado or a newly registered gambler, the material is really worth delving into.
Online Crypto Venues for Aussies
Here is the range of online casinos catering for Australians that provide cryptocurrency payments.
The Play Amo online casino presents a worldwide platform with loads of different game titles including video slots, poker and card table games like blackjack and baccarat. Live dealer games are available for punters as well. An array of software development companies is huge, here are some of them: NetEnt, Microgaming, Betsoft, Ezugi, Evolution Gaming, Amatic Industries and more.
The platform diligently cares about players’ safety. That is why it has introduced the Secure Sockets Layer encryption technology. The protocol secures a connection between a gambler and the casino so that no third parties like hackers could crack into the system. To be fair, the majority of online venues employ the technology. The essence of the method is to keep banking transactions on lock because fraudulent users can steal personal information. Don’t hesitate anymore as the casino covers your back. Besides, to provide absolute fairness and transparency, the casino utilises the Random Number Generator. Game outcomes must not be opaque.
When it comes to cashing money in and out of the casino, Australian gamblers are spoilt for selection. There are multiple ways presented how to deposit and withdraw funds instantly.
As for deposits, players are able to cash in real money with the help of Visa and Mastercard credit cards, Neosurf vouchers and some cryptocurrency methods like Bitcoin Cash, Bitcoin, Tether and Ethereum.
Withdrawals could be made with the same options together with Wire Transfer. You don’t have to wait long hours for your winnings to be transferred. The daily limit for withdrawals is set at €4,000, while punters could cash out no more than €16,000 per week and €50,000 per month.
The Raging Bull online casino originated in 2014, so it isn’t a newcomer on the market. Being a RealTime Gaming online gambling platform, the venue provides many astonishing game projects from slot machines to card games. Various game headings offer hours of exhilarating gaming.
The casino has both email and live support for its customers. So, it means gamblers can address their perplexing questions via a live chat or email for urgent and non-urgent objectives respectively. Customer support agents operate 7 days each week eager to give a helping hand.
It speaks volumes that having a wonderful experience of playing casino games while on the go is very convenient. You may enter the casino website via an Android or iOS smartphone to play favorite game titles with genuinely the same feelings. You don’t have to sit behind a computer screen to spin the reels. The vast majority of Raging Bull games are programmed in HTML5. It is a universal language to provide game projects for various electronic platforms.
In order to make a deposit, opt for a suitable method from a range of Visa and Mastercard credit/debit cards, Neosurf vouchers or Bitcoin cryptocurrency. Bitcoin and Bank Wire Transfer are accessible options for the withdrawal process. The sum of $2,500 is a weekly limit if a punter decides to cash out funds. It’s not a surprise that bank transfers take prolonged time to complete money transfers, several working days on average. On the contrary, cryptocurrency methods present a much more rapid means of fund transactions.
Being a casino that serves the tastes of Australian punters, the platform offers absorbing game projects from the RealTime Gaming software developer. You have a wide selection of games to pick to play for real money. Tempting bonuses and promotions enable gamblers to boost their bankrolls right from the debut. As other reputable venues, the platform introduces the SSL technology to protect players’ data from leakages. Access the casino via mobile devices to have an empowering experience without freezes. In case a question regarding bonuses, games or other aspects arises, go ahead and contact the customer support around the clock.
The company under the name Deck Media NV is the owner of Uptown Pokies. The company has some other venues managed like Uptown Aces and Miami Club. The online venue is licensed by the Gambling Commission of Curacao. The platform is totally legit to play on.
Away from conventional options like MasterCard and Visa, the Bitcoin method will appeal to the cryptocurrency audience. Also, players are allowed to utilise American Express and the Neosurd digital wallet. To kick things off, a minimum deposit of $10 is required.
You can also have Bitcoin for withdrawals. Unlike Bank Wire Transfers, cryptocurrency is subject to no charge fees and casinos process payments instantly.
Cryptocurrency Slot Games
There are well enough casino slot machines at online venues that provide cryptocurrency payment methods. You are good to go for as long as an online casino game approves regular transactions in Ethereum, Bitcoin, Dogecoin or other types of cryptocurrency.
Such game titles as Book of the Dead, Thunderstruck II or Starburst are the well-known headings that can be played both with fiat and crypto currency. In terms of the amplifying popularity of table games, Roulette and Blackjack are games that provide cryptocurrency payment options too.
What Cryptocurrency suits best for Online Casinos
Let’s set things straight: Bitcoin represents the most popular method of depositing and withdrawing funds. All crypto casinos accept Bitcoin for transactions, the currency that was the very first digital decentralized method to make money transfers. In addition, Bitcoin holds over a half of all the cryptocurrency market. It implies hesitations are incongruous for as long as Bitcoin prices don’t drop. One more reason to opt for Bitcoin is that Australians can purchase this currency with AUD. Finally, it is a common trend for casinos to allure players with brilliant bonuses for utilising cryptocurrency methods. You can claim rewards once having deposited a minimal amount of funds.
Those who are already skilful punters can get percentage and reload bonuses, while novice gamblers can get free sign up and welcome perks. Sometimes you might need promo codes to add another bonus to your collection.
How to deal with Blockchain Technology
Since you find yourself a crypto fan, and it doesn’t matter where you dwell in, you should be well aware of the blockchain technology. Blockchains are the kernel to fully work out the crypto process of transactions.
Regretfully, blockchain hasn’t yet received the attention it truly deserves. Nevertheless, it has a substantial impact on modern businesses. To start with, a blockchain constitutes a special database linked to a central processor. In other words, it is a list of records when each record connects to a block. Cryptography secures the data of transactions and ensures blockchain security. Every user can alter personally owned blockchain thanks to a private key.
There are three kinds of blockchains that exist.
- Public blockchains, and Bitcoin as a clear example, present huge networks that operate through a token. Every customer is able to participate in the forum. The community preserves the source code
- There are huge permission blockchains with their own tokens. Ripple can be a perfect example here
- Private blockchains are systems without tokens. Punters could transfer and trade confidential details without complications
Sometimes we really need to have a centralized payment system for transactions, and this is the sphere where banks step onto the scene. Thanks to blockchain, users could trade with no agent involvement.
What Are Crypto Wallets?
Cryptocurrency wallets present applications for address and crypto keys storage. It is of the utmost importance to keep personal funds secured.
- The Electrum wallet is convenient with crypto users. With two-tier verification and a framework expense control, coins that you accumulate are safe and sound. Frankly speaking, this crypto wallet is one of the most popular means to trade. Although Electrum is not the most flexible when comparing to other wallets, if we mention the storage process, it represents a decent alternative in terms of security and customer-friendliness.
- The CoinBase crypto wallet is for those who prefer to make solid choices. With CoinBase, players are able to not only store funds but purchase services as well. Apart from that, there is an app that the wallet offers in which you may find exactly the same features as on desktops.
- Edge. Once you are an iOS user, the Edge crypto wallet is a solution. A secure and decentralized platform, it may sound perfect for slot aficionados. Edge stores several cryptocurrencies and has been one of the solid players in the industry for quite some time.
All things considered, Australia is the country where the combination of cryptocurrencies and online gambling doesn’t present slowing signs. It is no surprise that more and more cryptocurrencies will develop in the near future. The crypto gambling market has everything to flourish.