Nowadays, there are plenty of ways that Indian casino players can fund their online casino accounts, but what we are going to concentrate on in this article is cryptocurrency and the best online casinos that offer cryptocurrency payment options. Since crypto is becoming more and more popular, it stands to reason that more and more online casinos are adding it to their list of banking methods, so it is definitely something that is worth knowing about.
The Top Five Cryptos for Online Gambling in India
There are quite literally thousands of different cryptos in existence, but what are the best ones for online gambling? Below you can find five of what we believe are the best.
Bitcoin: This is the world's first crypto, and it was the first one to go beyond the $10,000 per coin barrier. This is the perfect choice if you want to play some high-stake games, and since it is the most famous crypto, it is a crypto that is accepted at most crypto gambling sites.
Litecoin: This is another well-known crypto that is accepted at plenty of online gambling sites. It was developed by Charlie Lee and has many of the same characteristics as Bitcoin. Its main aim is to the same job but a lot faster, and it does this since Litecoin transactions are about 4 times as quick as Bitcoin ones.
Ethereum: After Bitcoin, Ethereum has the second biggest market cap and can be regularly found as a crypto option at crypto gambling sites.
Dash: This crypto used to be called Darkcoin before its name was changed in 2014. There is a "PrivateSend" feature that allows you to mask the details of transfers that you make, and it is now commonly accepted as a payment method at online casinos.
XRP: You can easily play using XRP at the world's biggest crypto gambling websites since it is now one of the biggest names in the crypto world. It has been featured on mainstream news outlets such as CNN, and this has helped turn it into one of the most circulated cryptocurrencies.
How to Start Gambling with Crypto in India
Betting with crypto is something that can be a bit daunting to start with, but it does not have to be like this. All you need to do is follow the easy steps that we provide below and you will be good to go in no time at all.
- Find a site that allows you to create a free crypto wallet and move some of your crypto into it - it should take just a couple of minutes to set it up. If you are sitting there wondering what the best wallet is for cryptocurrency gambling, then we would recommend something such as Wirex as this allows you to transfer money between traditional and crypto and has a really good reputation
- If you do not have an account with a crypto online casino, then open an account with one. Some of the best ones around at the moment include Pure Win, 22Bet, and Betway. Go to their homepage, following the links that we have provided, click the "Sign Up" option and follow the simple instructions. You should have your account set up in a matter of minutes
- Go to the payment page of your chosen casino and choose the cryptocurrency that you would like to deposit. They will then give you an address for their wallet. Head over to your wallet and transfer the amount that you wish to deposit to their wallet address
- The crypto should appear right away or within a few minutes at the most, so you will be able to play your favourite games within minutes
What Can You Spend Your Cryptocurrency on at Crypto Gambling Sites?
Crypto casinos work in much the same way as any other online casino. You will be able to gamble on pretty much whatever is available, which is great. Below are three of the most popular things that players like to bet on at crypto casinos:
"Crypto casinos work in much the same way as any other online casino. You will be able to gamble on pretty much whatever is available, which is great".
Online slots: You will find plenty of online slots at all of the best crypto casinos. There will be hundreds and hundreds of you to choose from and they come with plenty of bonuses such as free spins to ensure that entertainment is never more than a click away,
Table games: Any good crypto casino will offer a variety of traditional table games. You will be able to use your chosen crypto to play baccarat, blackjack, roulette, and other classics.
Live dealer games: It is really exciting to play online casino games with a live dealer and real players and you get to experience a real-life casino atmosphere with a lot less hassle. A crypto casino that is worth its salt will allow their players to use crypto to play at their live casino.
The Best Crypto Casinos Available to Indians
So, in our opinion, what are some of the best crypto gambling sites that are available to us Indians? Well, there are three that spring to mind and these are:
So, why is it that we recommend these crypto gambling sites over the many others? Well, read on and you will find out the answer to this question.
These three sites have some of the best safety and security around, which is important because you do not want your personal and financial information getting into the hands of criminals. At Pure Win, 22Bet, and Betway, you will find all of the best firewalls and encryption technology to ensure that you are completely safe. It is always nice to be able to gamble with a peace of mind.
Customer support is something that is also very important when it comes to crypto gambling sites because if something happens to go wrong, you will want to be able to speak to someone who can fix the issue for you in next to no time. There is nothing more frustrating than having to wait ages to get a solution to your problem. When it comes to customer care, we feel that 22Bet, Betway, and Pure Win have some of the best support in the business.
It is awesome to have all of the best security technology and a great customer care team, but this means nothing if the games that are on offer are not up to scratch. We like Betway, 22Bet, and Pure Win when it comes to the games that are on offer because they have a vast selection, ensuring that boredom does not creep in when you are playing with them.
Bonuses and promotions are also important when it comes to online casinos because these help to increase the entertainment levels, and it is always nice to be able to play your favourite casino games without having to risk any of your own hard-earned money. Another reason why we recommend 22Bet, Betway, and Pure Win when it comes to crypto online casinos is the fact that they offer some quality welcome offers to new players and awesome promotions for their existing players.
Is Crypto Gambling a Wise Move in India?
Selecting the best deposit option at an online casino is something that depends entirely on what works best for you. If you have heard a lot about using cryptocurrency to gamble, but are still a bit undecided, then below we have listed some of the pros and cons of doing so.
Pros:
Completely anonymous: Gambling laws across India are strange to say the very least. Some of the states have legalised gambling, but for the most part it is still illegal to gamble. Thankfully, this does not impact those of us who gamble online as the banking authorities and police only prosecute banks and corporations, not individuals. However, having said that, depositing a cryptocurrency, such as Bitcoin, at online casinos can provide extra peace of mind since the process is anonymous.
Fast processing: Cryptocurrency deposits are quick, and they are getting even quicker as technology advances. The majority of gambling sites that accept crypto list their processing times as instant, meaning that you will not have to wait that long before you can start using your deposited crypto to play your favourite slot machines and table games.
No fees: Unlike other payment methods, making deposits and withdrawals using cryptocurrencies is usually free. This is awesome as it means that you have more money to spend on your favourite games.
Cons:
You have to own crypto: This is quite the obvious point for us to make, but if you want to gamble with crypto you will have to have some coins. If you do not already have some type of cryptocurrency, we really do not recommend that you buy some just to gamble because crypto markets are really volatile and they can be hard to judge if you do not have any experience.
