What is Crypto Gambling? – Crypto Betting and Gambling at Stake Casino
Stake.com was launched in 2017 as one of the earliest cryptocurrency casinos and has since grown into a must-go platform for both casual and professional players.
The world of cryptocurrency can seem a little scary at times, but we’ll show you that it’s actually much more complicated than that. This article can help you navigate the world of cryptocurrency and help you get started on your cryptocurrency gambling journey.
Whether you want to spin online slots , enjoy live casino games or place live sports bets on your favorite team , you can place your bets securely using cryptocurrency at Stake Casino and Online Sportsbook .
What are cryptocurrencies?
Cryptocurrency is a digital payment that runs on a ledger and takes the form of encryption to secure transactions. Unlike fiat currencies, cryptocurrencies are decentralized tokens with no central entity maintaining their value.
Cryptocurrency is generated through mining, which requires computers to generate crypto tokens.
Contrary to popular belief, the originator of cryptocurrency is not Bitcoin , but various digital assets that can be traced back to the 1990s. Bitcoin became popular because it uses a decentralized network to verify encrypted transactions.
For you, you can confidently deposit and withdraw funds to your Stake.com account using cryptocurrency payments, which are fast, secure, and have low fees.
What are Crypto Casinos and Crypto Sports Betting Sites?
Cryptocurrency casinos are online casinos that accept crypto deposits from players using cryptocurrency wallets. After players deposit, they can play online gambling games.
You can play the latest and hottest casino games from leading casino game providers such as Twist Gaming , Red Tiger , Relax Gaming , PG Soft , Pragmatic Play and Wazdan , or try our Stake Originals games.
You can also use cryptocurrencies to bet on our online sportsbook, including the latest NFL games, football , basketball , NHL , baseball , tennis and even eSports like League of Legends and Dota 2 .
There are many advantages to using cryptocurrency, which we will delve into further. First, let’s take a quick look at the concept of Bitcoin and digital currency.
If this is your first time playing casino games or betting online, you’ll want to check out our online casino guide or sports betting guide for more information.
The Security and Benefits of Crypto Gambling
Cryptocurrency games are the same as regular games in online gambling; they are all fair games and it is very safe to use cryptocurrencies at Stake.com. There are many benefits to using Bitcoin, Ethereum and other cryptocurrencies, such as:
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Security – Cryptocurrency transactions do not require you to share additional financial information online, making them safer than traditional payment methods. Read our Cryptocurrency Security Blog to learn more.
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Speed - Many cryptocurrency payments are processed instantly, and using technologies like the Lightning Network can increase the speed and reduce costs of transactions.
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No restrictions – Cryptocurrencies exist in the virtual world and are not restricted by international borders, so there is no need to exchange currency when using e-wallets to make cryptocurrency payments.
What cryptocurrencies does Stake.com offer?
The world of electronic money is developing very fast and the cryptocurrencies we offer are booming. Stake Casino accepts a wide range of cryptocurrencies:
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Bitcoin (BTC)
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Ethereum (ETH)
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Litecoin (LTC)
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Dogecoin (DOGE)
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Bitcoin Cash (BCH)
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Tron (TRX)
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EOS (EOS)
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Tether (USDT)
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Binance Coin (BNB)
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Chronos (CRO)
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USD Coin (USDC)
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ApeCoin (APE)
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Dai (DAI)
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Chainlink (LINK)
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The Sandbox (SAND)
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Shiba Inu (SHIBA)
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Uniswap (UNI)
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Polygon (MATIC)
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Solana (SOL)
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Binance (BUSD)
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XRP
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TrumpCoin (TRUMP)
Play the best slots and live casino games with crypto
You can use your cryptocurrency funds to enjoy exciting online slot games in our lobby, with top suppliers including Push Gaming , Hacksaw Gaming and Play’n Go , as well as a range of original games and exclusive games for Stake Casino .
You can experience the best gaming with a provider that offers a wide range of crypto gambling games. Whether you prefer Nolimit City’s Wild West games or horror-themed slots or something more subdued like classic casino games or candy slots , there is something for every type of player at Stake Casino.
When using crypto for live dealer games, table games and shows , experience games from leading providers such as Evolution , such as Gonzo’s Treasure Map and Lightning Roulette , as well as live dealer games from Pragmatic Play’s Live Studio.
Odds, House Edge and Return to Player (RTP)
Before you spin the latest slots , read our slots guide to fully understand how to play. Learn about the house edge , bonus buy-ins and how the bonus round works on our blog .
There are many symbol types – from wilds to scatters – and gameplay options to explore; helping you understand betting better and have a better time betting. Enjoy our games with the best bonus rounds .
Responsible Gaming
Regardless of the amount of money you deposit into your account, you need to gamble responsibly .
We take betting very seriously and provide a variety of Stake Smart betting resources to help you better play our games or enjoy sports betting.
Read our tips and common gambling terms blog and use the budget calculator to help you manage your bankroll more efficiently. You can also learn how to use the Stake Vault to securely store online cryptocurrency to fund future play at Stake.com.
Stake.com Casino Promotions, Best Bonuses and VIP Club
Now that you’ve been introduced to the wonderful world of cryptocurrency betting, it’s time to take advantage of our promotions page for extra winning potential (for both new and old players).
Play with crypto and enter Stake’s weekly draw for random big wins or conquer the casino , play and win a share of $50,000!
If you are a regular at Stake, you can find out about the exclusive rewards you can get through the Stake VIP Club . VIPs get exclusive dealers , an enhanced online betting experience, and other benefits such as cashback and reload bonuses.
