FAQs

Yes, you can, depending on the platform. Some platforms may need you to share your real name and location but there are many that let you remain anonymous.

Crypto gambling is playing casino games on crypto casinos or waging sports bets using cryptocurrency.

Crypto gambling will continue to become popular as long as cryptocurrencies are accepted around the world. For example, many traditional casinos have become online casinos, and subsequently, crypto casinos. The anonymity of users and security of transactions combined with innovative spins on traditional games and live sports betting will continue to attract more gamblers and players.

To ensure a platform is legitimate, you can do the following:

• Look for licensed and regulated sites
• Check for customer reviews and ratings
• Verify security features like SSL encryption
• Ensure the platform offers fair games

Crypto gambling laws vary by country. While online gambling or online sports betting may be legal in some jurisdictions, they may be restricted or prohibited in some others. It's crucial to research the regulations in not just your country but also your province or state before engaging in crypto gambling.

Not all cryptocurrencies are accepted on every platform. Most crypto gambling sites support popular coins like Bitcoin, Ethereum, Solana, and Tether, but it's important to check the supported crypto list on each site before depositing.

Yes, you can. Many crypto-gambling platforms allow you to convert your winnings into fiat money like USD, EUR, or others. This can typically be done by withdrawing your crypto winnings from your personal wallet to a crypto-exchange wallet and then converting it to your preferred fiat currency (USD, EUR, CAD, and so on).

Transactions on crypto gambling sites are more secure and faster than platforms using fiat money. In addition, crypto gambling platforms offer exclusive bonuses or promotions —this makes online betting and online gambling more exciting.

You can buy cryptocurrency on any crypto exchange. Kraken, Coinbase, and Binance are some of the popular cryptocurrency exchanges.

Provably fair games are those where players can verify the fairness of each bet made. Blackjack, Roulette, and slots are some examples of provably fair games. Such games use blockchain technology to ensure that the outcome is transparent and not manipulated by the platform. Players can check the cryptographic signatures and results to confirm the fairness of their bets.

The minimum amount of cryptocurrency required for gambling varies by platform. Some platforms may allow wagers with small amounts, like 0.0001 BTC (Bitcoin) or 1 USDT (Tether), while others may have higher minimum deposit requirements. It's best to check the deposit rules of the platform you want to use.