Join the arena of Crypto games. Find the best Ethereum, Bitcoin Gambling Sites and use Cryptocurrency Codes & Coins for free betting. Place ICO bets on trusted platform. Crypto exchange Binance saw over $800 million worth of liquidations, with 91% of those trades being “long” (betting on the market’s upside) positions. Huobi saw $300 million in liquidations, while Bybit and OKEx saw $236 million and $101 million respectively. Buying cryptocurrency is very much early-stage investing, and investors should expect venture capital-like outcomes in which the vast majority of crypto projects fail and become worthless. Best cryptocurrency exchanges for 2021. We’ll first take a look at the best bitcoin exchanges overall, then look at our favourite exchanges for different criteria: fees, reputation, ease of use.

With BitCoin nearing $50.000 at the moment of writing this article, it is certain that crypto is here to stay. But, the main reason why digital currency is rising so much is due to wider acceptance. With online shops and even online betting reinforcing cryptocurrency, more people are willing to use it like regular money.

There are three points that influence both the quality of any cryptocurrency:

1. Stability
2. Utility
3. Acceptance

Simply, if people don’t know how much it is worth, it won’t be worth a lot. And, if it’s not accepted and can’t be used as a regular currency it will never reach a reasonable price.

Because of these aspects, we can see that larger cryptocurrency options like BitCoin still don’t react like fiat currency when it comes to the market, but rather as a commodity. This will change as the number of places that accept the method of payment increases.

Online casinos were one of the first places to allow betting and gambling with crypto simply because they have little to lose. Currently, there are a number of casinos listed on platforms like SmashingTip that offer to buy in and pull out with Bitcoin and even other cryptos.

Wider Acceptance – Better Stability

Because we use money as a tender for all other goods and services we rarely ponder about how the value of money is determined. Most realize that there are supply and demand that govern inflation and deflation, but that is only one aspect of what makes a good currency.

For instance, the value of the US Dollar is not only determined by how many bills exit the printing press. An even larger factor is the number of dollars other countries hold in their vaults to ensure international trade and financing.

Similar is with crypto, as more people know and use the method of payment it becomes more widespread and has greater stability. And, once everyone is using it the status will be the same as for other currencies.

You won’t be saying that one Dogecoin is worth $0.05, but rather that one Dollar is worth 20 Dogecoin.

Hedging Your Bets

Gambling with crypto is not only a solid use of the digital currency for entertainment but also a good way to hedge your bets when it comes to fluctuations. You always win or lose the same amount, but how much that will be worth tomorrow is also important.

For instance, if you have won a total of 5 Bitcoins by the end of January 2021, you would gain more than $100.000 by mid-February just on the currency exchange. Similarly, the price can always drop which would make you lose less if you weren’t so lucky.

This makes both casinos and players more eager to play with such currency, as they are betting both in the actual game and in the meta-game of life and currency exchanges at the same time.

Smaller Crypto Rising

While most people are familiar with BitCoin and LiteCoin, not as many have heard about the recently rising Dogecoin before it started exploding on Reddit and Twitter. This crypto, which is a meme in its essence, has a lot of advantages that might make it even superior to the large ICO.

Also, it shows a trend for both a wider acceptance of crypto in general and a push towards smaller and more adaptable options where you don’t need a cost of a new luxury sedan to buy a single coin.

This is also the case in online casinos where a lot of people prefer to play slots where they can play a lot of games for a dime each than to pay hundreds of dollars per hand, and that includes those who might have that kind of money in their entertainment budget.

Generally, most people would like more to have fifty $1 bills than half of a $100 bill.

Diamond Hands Rocket to the Moon

Those who try to investigate new types of crypto, especially when it comes to Dogecoin, might see the expression ‘’Diamond hands rocket to the moon’’, often abbreviated as 💎👐🚀🌒.

This expression is used for those who believe in certain stocks, such as Gamestop, and certain crypto such as Doge to rise up in price dramatically. It means that they will not lose faith and sell.

Such behavior further reinforces the value of the currency (or stock) and will probably contribute to the stability and spread of the method of payment in the future.

Although there are some that will draw a parallel between holding and gambling, this is not really the same case. Unlike an online casino where there is little, you can do to reduce the randomness of the system, here the more ‘’players’’ join the better odds they have of winning.

Interesting related article: “What is a wager?“

The rapid rise of cryptocurrencies such as Bitcoin and other digital coins has been nothing short of astonishing. Cryptocurrency has affected all kinds of industries, including online gambling.

Using cryptocurrencies to gamble online has become increasingly popular, especially in the US. You can bet with Bitcoin, play casino games with Ethereum, and more.We’re going to guide you through gambling online with cryptocurrency, starting with our list of the best crypto gambling sites for 2021.

Our top-rated gambling sites accepting cryptocurrency are safe to use, and they offer excellent value and quality products.

Most of them work with more than just Bitcoin, so you can use various cryptos for real money gambling.

They all rate highly in a number of key areas, such as the bonuses and promotions they offer, mobile compatibility, and customer support.

We explain more about the cryptocurrency gambling websites we recommend further down this page, and provide plenty more information and advice.

Here’s what you’ll find in this guide to online gambling with cryptocurrencies.

One of the most popular ways to gamble online with cryptocurrency is to bet on sports.

The following online sportsbooks are the top crypto betting sites we recommend.

These sports gambling sites not only accept cryptocurrency, they offer a host of other benefits, too.

Here are just a few of them.

• Large bonuses for betting with crypto online
• Fast payments for cryptocurrency withdrawals
• Excellent range of sports and betting options
• Competitive odds and lines
• Mobile betting via crypto gambling apps

It’s not just sports you can bet on either. You’ll find all kinds of other betting markets at these cryptocurrency online gambling sites.

You can wager real money on political events, esports, reality TV shows, and much more. You’ll never be short of something to bet on, whatever the time of year.

If you live in the USA, online cryptocurrency casinos are THE best way play casino games for real money. You’ll get bigger and better bonuses than with any other option, and any winnings will be paid out fast.

Here are the best crypto gambling sites for playing casino games.

All of these cryptocurrency casinos online have a strong variety of games. You’ll be able to play slots, blackjack, roulette, video poker, and many more.

In addition to the great welcome bonuses available, these sites all offer other promotions for casino gambling online with cryptocurrency.

You’ll find reload bonuses, wagering leaderboards, and other promos that can help to boost your profits.

Mobile casino apps are also available at these sites, for those of you that like to play on your phone or tablet.

Let’s take a more detailed at how online crypto gambling works, starting with the different options at your disposal.

Most people have heard about Bitcoin by now, and it remains the most popular cryptocurrency by quite some distance. All of the top crypto gambling websites accept BTC.

Crypto Coin Betting Game

It’s not your only option, though. Several other cryptocurrencies can be used for real money online gambling.

Here’s what you need to know about Bitcoin and its alternatives.

As not every top crypto gambling site accepts all the different coins, we’ve compiled rankings of the best sites for each of the most popular cryptocurrencies.

Check these out if you want to gamble online with a specific crypto.

• Bitcoin Gambling Sites – Our picks for the best gambling sites accepting Bitcoin.
• Bitcoin Cash Gambling Sites – The top Bitcoin Cash gambling options online.
• Ethereum Gambling Sites – The best sites for gambling with Ethereum.
• Litecoin Gambling Sites – Trusted gambling sites accepting Litecoin.

The whole process of gambling online with cryptocurrencies is fairly simple.

Let’s take a look at all the steps you’ll have to go through.

Crypto Coin Betting Odds

Sports Betting With Crypto

As you can see, gambling with crypto online is not too complicated and you should be able to get used to it quite fast.

If you do have any issues, all of the top sites and apps for cryptocurrency gambling have customer support staff available. They’re there to help you if you need it.

Now that you know HOW to gamble online with cryptocurrency, the question is SHOULD you?

US gamblers should definitely consider using cryptos for their online betting and gaming. It’s just so much better than the other payment methods using traditional currency.

But it’s not only for those living in the USA. There are some benefits to gambling online with cryptocurrencies that apply wherever you live.

To help you decide if crypto gambling is for you, let’s take a look at the pros and cons.

• Fast payments. Using crypto is one of the fastest ways to withdraw your online gambling profits.
• Low fees. You can enjoy low or no fees at all if you decide to deposit using BTC, ETH, LTC, XRP, or another popular cryptocurrency.
• Flexible limits. The highest and the lowest accepted deposits by most gambling sites and apps are via crypto. You can usually start from the $10-20 and go all the way to thousands of dollars.
• Extra promotions. The costs of operating with crypto are low, so many gambling websites that accept cryptocurrencies encourage their customers to use them by offering extra bonuses and promotions.
• Easy to move your bankroll. Using multiple apps and gambling sites with crypto is much easier because of the fast payouts and the low fees.

The upsides of using Bitcoin and other cryptos to gamble on the internet are clear.

It doesn’t matter what form of gambling you enjoy, or how much you gamble with, there’s a strong case for cryptocurrencies being your best option.

If you gamble for high stakes, it’s almost a no-brainer.

Naturally, there are downsides as well. Before you invest your money in cryptocurrencies and start gambling with them, make sure you’re aware of the drawbacks.

Here are the main ones.

• Volatile price. The price of most cryptocurrencies is jumping around all the time and that affects the value of your coins.
• Managing cryptos can be complicated. Bitcoin and other cryptos have gone a long way in this regard, but they are still not as easy to manage as the traditional currency.
• Risk of hackers. The crypto world is still full of hackers and people who are looking to steal your money. While most wallets and crypto gambling websites have solid measures, there is a risk.

While we feel that that the advantages definitely outweigh the disadvantages, you have to consider the downsides of internet gambling with crypto before getting started.

If you feel comfortable with the potential issues that come from crypto gambling online, remember that you don’t have to dive in with thousands of dollars.

You can start using online gambling sites accepting cryptocurrencies using relatively small amounts of cash.

There are two main types of online gambling sites that work with cryptocurrencies.

• Crypto-only gambling platforms that don’t accept other currencies.
• Traditional gambling websites that have started accepting BTC and other coins at some point.

Both options have their merits, and you’re not limited to one or the other.

Online Crypto Gambling

We’ll compare the two for you, though, to help you decide which might be better for you.

First in line are the gambling sites that accept cryptocurrencies and nothing else. You can ONLY make deposits and withdrawals using a digital asset like Bitcoin.

This seems restrictive, but actually leads to certain positives.

These online crypto gambling operators usually don’t ask for verification and some won’t even ask for your name.

You can stay private and enjoy poker, cryptocurrency betting, and casino games from many countries that are usually restrictive when it comes to online gambling.

There’s another benefit here, as some of the games have another layer of protection when it comes to fair play.

The so-called “provably fair” approach uses the power of the different blockchains to make sure that the outcomes are truly random and can’t be hacked or manipulated in any way.

On the downside, the quality of crypto-only gambling sites is usually a little lower than the traditional sites.

The number of games at crypto online casinos is limited, there’s not much traffic on the poker tables, and the overall experience is slightly worse.

If you don’t want to try the dedicated sites for crypto gambling on the web, you can always choose more reputable sites and apps that have been around for a while and accept Bitcoin and other cryptocurrencies.

They offer the best of both worlds in many ways, so it’s a sensible decision.

Here are some of our suggestions if that’s your preferred choice.

As you can see, the top online gambling sites accepting cryptocurrency have been around for years.

The betting sites and online casinos listed here are some of the very best around, period. We recommend them whether you want to gamble with cryptocurrency OR traditional currency.

Before you start using gambling websites accepting crypto, we have some tips you should read.

These will help improve your cryptocurrency online gambling experience, and even increase your chances of winning money.

There are so many cryptocurrencies out there nowadays that can be confusing.

Cryptocurrency Betting

The best cryptocurrency gambling sites are adding more and more of them to their platforms, but we recommend sticking to the mainstream options like Bitcoin, Ethereum, and Bitcoin Cash.

Here are the main reasons why they are the best choice for gambling online with crypto.

• Higher volumes – You can exchange your crypto for fiat faster.
• More wallets work with them – Pretty much every crypto wallet works with the likes of Bitcoin and Ethereum, so you can find a suitable one with ease.
• Lower chance of extension – We’ve seen some cryptocurrencies go to zero. The danger is much lower if you pick one that has been around for longer.
• Better security – The mainstream wallets have proven that they are safe if you follow basic guidelines.
• Accepted everywhere – The more popular a cryptocurrency is, the more gambling sites on the internet will accept.

You can always try your luck with smaller coins, but we really don’t advise it.

One of the biggest problems with online crypto gambling is that the price of most currencies is very volatile. You might withdraw some cash and lose a lot of value if the rate is currently down.

There’s a relatively simple way to mitigate the risks by keeping most of your bankroll outside of the crypto online gambling sites and in a stable coin.

Most wallets offer some sort of solution that will allow you to maintain the value of your money.

We already mentioned how one of the downsides of gambling with crypto on the internet is the large number of threats.

You should stay extra careful and follow all best practices for protecting your money, such as the following.

• Use secure passwords
• Don’t share your credentials with anyone
• Don’t log in from unknown networks
• Don’t open shady links or download suspicious files
• Use two-factor authentication whenever possible
• Keep your mobile device logged out of cryptocurrency gambling apps when you’re not using them.

Simply put, you should use your common sense and take advantage of all security measures at your disposal when you gamble with crypto online.

Don’t put yourself at any more risk than is necessary.

Most crypto online gambling sites love it when their customers use Bitcoin, Ethereum, and similar options. This is because the transaction costs these sites incur are lower.

As such, they often actively promote cryptocurrencies by adding cashback, bonuses, and other promos. Whether you’re sports betting with cryptocurrency or playing casino games with crypto, there’ll be some appealing offers.

You should regularly check the promotions page of the crypto gambling websites you use and your email, so you don’t miss out on good opportunities for extra value.

You now know all about online cryptocurrency gambling. We hope you found our guide useful. If you’re ready to get started, make sure you join one our top-rated gambling sites accepting cryptocurrencies.

Some of you might still have questions about digital currency in general. That’s normal if you have just discovered the world of Bitcoin, Ethereum, and other cryptocurrencies.

The following pages provide more information, so go ahead and check them out.