It is no news that cryptocurrencies have penetrated virtually every industry: nobody wants to lose out in the ongoing evolution, and the casino industry has long adapted to this change. One of the unique fun features of cryptocurrency technology is its anonymity – the ability to conceal your personal information while you seamlessly conduct financial transactions on the platform. This is unlike what you get on your traditional method of transactions as those online casino players find it a bit sensitive sharing their information online, hence, the speedy massive acceptance.
Today, we see poker, Esports betting, and casino games platforms integrating different cryptocurrencies, creating that environment where users can easily participate in the global financial evolution while feeling safe with their details. Despite the tens and hundreds (if not thousands) of cryptocurrencies used in the casino industry, not all of them can be said to be that relevant. “Bitcoin casino dice”, (as it is popularly called) has dominated almost every gambling niche, hence, used by millions of gamblers. There are still other cryptocurrencies out there which is more useful than the others in the casino world, and this article is poised at listing them and their relevance while making a logical comparison.
5 Cryptocurrencies for Playing Casino Dice
Also called the BTC, Bitcoin has stayed so long enough in the casino industry that it has penetrated every industry, and casino dice is one of its in citation, hence, the name Bitcoin casino dice. The major reason for the production of bitcoin in 2009 is to give back financial autonomy to everyone immediately after the financial crisis in the United States. But it seems that this super cryptocurrency has outperformed everyone else’s expectations. Some of its unique features include speed, no transaction fee processing, and it remains the most efficient means of money transaction due to the decentralized pattern of operation. The introduction of this coin into the industry was created out of necessity. Most online casino platforms discovered that on introducing the online cryptocurrency payment, 80% of the clients preferred using BTC as their coin of choice. So, even with the user-friendly features, it is still the most popular choice of payment when it comes to online casino gaming. Nevertheless, BTC may not be as fast as Ethereum (ETH) in terms of speed, but the security is top-notch.
Even after starting as a crowdfunding project, Ethereum is still rated as one of the best things that have happened to the financial world. Also, a smart contract, and comes with a decentralized financial feature, this second most popular cryptocurrency is also used for casino dice. Even as the second most popular cryptocurrency after BTC, experts claimed it might overtake BTC, the popularity seems to be increasing, judging from the fact that it is just two years old. Although not much can be compared with it and the BTC in the casino industry, some casino companies use it when building new programs.
At some point, this cryptocurrency was called the Bitcoin casino dice because of its similarity with the BTC. The Ripple was launched sometime in 2012 and was introduced in the casino industry almost immediately. It has never disappointed because it came almost with the same energy as the BTC. Since then, it has been providing users a safe, fast, and credible platform to complete transactions in the industry without hitches. As for its unique features, Ripple (unlike most of its counterparts) runs on an independent saver and has a very small resource consumption.
Litecoin has grown to exonerate the true meaning of its name in the casino industry. The smooth solution it has brought to the industry has helped users experience a completely autonomous and decentralized currency. The uniqueness of this coin lies with its open-source cryptographic protocol method. Professionals in the industry have compared the Bitcoin casino dice and Litecoin, and can only measure it up in terms of speed, and security.
This is another coin that has not only gained the interest of cryptocurrency enthusiasts like Elon Musk, whose sudden interest in the coin has greatly improved its usability. The transformation happening in the Dogecoin is also visible in the casino industry, as online players have started seeing it as the new Bitcoin casino dice. Though comparable with the likes of BTC and LTC in terms of speed and security, the popularity is also expected to skyrocket among online casino players in years to come.
Finally, even as bitcoin casino dice continue to dominate the industry, and the way and manner new coins are being pumped into the market, there is a likelihood that newer coins will even top the list as the acceptance of cryptocurrency continues to grow among people and countries.