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August 15, 2020 at 8:08 pm

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New Cryptocurrency Gambling Options

June 3, 2020 at 7:25 pm

New Cryptocurrency Gambling Options The early days of cryptocurrency casinos were all about Bitcoins. It was the only cryptocurrency option available and it helped to revolutionize the online gambling industry, attracting more players and generating more money than many expected. Modern cryptocurrency casinos have taken this idea and run with it, adding even more digital currency options and giving casino players even more variety than they get from traditional fiat currency casinos.

What follows is a list of the top new cryptocurrencies that can be used on modern online casinos and sports betting websites.

Ethereum

One of the first digital currencies to follow Bitcoin was Ethereum, better known as Ether or ETH. The volatility of this currency has been closely linked with that of Bitcoin, although the latter is worth considerably more. The difference is that Ethereum is designed as a complete platform, one that can be used to create safe applications and not to compete with online payment methods like Bitcoin.

This can be confusing to novice investors, but the only thing you need to know is that Ethereum is a great way to invest in cryptocurrencies and thanks to its global acceptance on online casinos, it’s also a great way to play your favourite slots and table games.

In terms of market capitalization, which covers the total value of a coin and the number of coins available in the marketplace, Ethereum is the second biggest one behind Bitcoin.

Litecoin

Litecoin works a lot like Bitcoin and is often said to be the second biggest, following some way behind BTC but remaining ahead of countless other coins. Litecoin was released way back in 2011, so it has had a long time to settle and become a common feature in the online casino industry. In most cases, if an online casino accepts 2 or more digital currencies, Litecoin will be one of them.

It may never surpass Bitcoin in terms of popularity and value, but it doesn’t need to and will likely remain a potent force in its own right.

Dogecoin

Nothing epitomizes the modern digital era quite like Dogecoin. It is a hugely popular cryptocurrency built on the back of an old internet meme about a talking dog with bad grammar. It’s every bit as bizarre and wonderful as it sounds, and while Dogecoin’s popularity was initially limited to fans of the meme and users of the websites on which it spread, that popularity has since exploded and this coin is everywhere.

In fact, its popularity has grown so much in such a short space of time that many users don’t even acknowledge the connection—an impressive feat indeed. Dogecoin’s value has remained steady over the years and many predict that it will remain as one of the 10 biggest cryptocurrencies in years to come.

Dash

Dash has become a common feature on online casinos. It was launched back in 2014 and while it was slow going at first for this altcoin, it has since beaten many of its rivals and is often ranked as one of the best, as well as the one with the brightest future. Of course, these things are hard to predict, but Dash has had a meteoric rise in the last half decade and if that continues, we could all be using this coin in years to come

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