Understanding the Difference Between Crypto and Online Casino

There are several different types of online casinos in the iGaming industry, each coming with certain unique features. One of the fairly recent kinds is the crypto casino sites. These are online gaming platforms where you can deposit and withdraw funds using various cryptocurrencies. Many look at crypto casinos as the future of online gambling. But how do they differ from other online casinos? In this article, we’ll reveal and describe the key differences between these two types of casinos.

Instant and Anonymous Transactions

At the crypto casinos, you get to conduct instant and anonymous transactions. All of it is possible thanks to the blockchain technology used by cryptocurrencies.

It normally takes up to a couple of minutes to deposit and withdraw funds using this fairly new payment method. A few of the most used cryptocurrencies, such as Bitcoin, may take up to an hour to complete.

However, there are also many crypto coins that take just a couple of seconds to transfer tokens. But keep in mind that the operators may take a couple of hours to approve your withdrawal requests.

Blockchain technology also provides the much-needed anonymity feature. When you’re transferring crypto coins, all you need to do is use a crypto wallet address. No need to share any personal or banking information for such transactions.

More Generous Bonuses and Promotions

Crypto casinos tend to offer way more rewarding bonuses and promotions to their players. One of the main reasons for this phenomenon is the lower transaction costs and other fees. This allows crypto operators to be more generous towards their customers.

Another reason has to do with attracting new players and keeping the existing ones happy and satisfied. As a fairly new type of casino, many players are still sceptical about joining such sites. As a way to get their attention, many crypto operators decided to offer way more generous welcome bonuses.

They also make sure to fill their “Promotions” section with as many different types of bonuses as possible. These offers usually come with fewer terms and conditions. However, you should know that crypto operators make sure to include much more benefits, like crypto casino instant withdrawal options.

Super Quick Registration

Registering an account at a Bitcoin casino is a very easy thing to do. Most crypto operators require typing your email address and choosing a strong password. This is something that any person can do. There are some crypto casinos that only require providing your mobile phone number.

The crypto operator will only ask for your personal details when you’re ready to verify your casino account. This can occur after you’ve created your account or before requesting a withdrawal. After that, the operator might offer you to choose from some of the Bitcoin casino bonuses.

However, we should note that there are many No KYC crypto casinos on the market. These are online gambling sites where you don’t reveal any personal information. They seem like natural casinos for crypto gambling.

Yet, be aware of such casino sites, as many of them don’t feature any valid gaming licenses. This makes things risky, as you don’t know whether you’re safe or not on the casino platform. So, it’s better to stick to a licensed Bitcoin casino such as Cryptorush casino.

Provably Fair Casino Games

The games featured at all licensed online crypto casinos use random number generators (RNGs) to determine an outcome. This makes them fair and random, which is super important for online gambling.

Live casino games are the only ones that don’t use RNGs. However, they are also random, as you can see during the live streams. Now, all of these fair casino games are available at the crypto casinos. Yet, these gaming platforms also feature some other types of fair games, the provably fair games.

The provably fair technology is widely adopted in the best Ezugi live casino sites, and it is very similar to the RNGs. The only difference is that you get more advanced transparency. After each gaming round, every player can find fairness for themselves. They also get to see how the protocol calculated the featured result.

Provably fair games rely on cryptographic algorithms and blockchain technology to provide the fairness tools. These types of games build much better trust between the casino players and the crypto operators.

You should also know that there are many different types of provably fair games to choose from, as crypto casinos partner with the most prominent providers such as Evolution, Pragmatic, Wazdan, Yggdrasil, and co. For example, among the most popular games at an Evolution Gaming Casino are online slots, table games, and crash games.

Global Accessibility

Almost every crypto accepts players from all around the world, where online gambling is legal. They do so with offshore gaming licenses, which allow them to operate as international crypto casinos.

On the other hand, traditional online casinos must obtain multiple licenses to enter specific markets. This means that these gaming sites have tough country restrictions, blocking access to players from certain countries.

Anyone residing in a country where online gambling is legal can register an Ethereum casino account. Even players from countries that have tough regulations on this form of gambling can access the gaming sites. But they’ll need to mask their IP address by using VPNs.

The fact that you can only use cryptocurrencies in these casinos makes it easier for both the players and the operators. As cryptocurrency transactions are borderless, players don’t need to be at a certain location to make deposits and withdrawals.

There is no need to worry about specific fees or rules concerning the traditional payment methods in a certain country. Cryptocurrencies come with the same rules and features in any country in the world.

Conclusion

Several key features distinguish crypto casinos from traditional online casinos. Those differences make them unique and more attractive for the players. Because of that, many experts believe crypto casinos will overtake the iGaming market in the future, and Cryptorush Casino is at the forefront of the power shift in the industry.

It offers safer, faster, and cheaper transactions than the average online casino. Here, you’ll also find more rewarding bonuses, simpler registration, more transparent games, and better accessibility.