Across the globe, there are millions of people who all have at least one thing in common: their love of gambling. One of the most popular pastimes of gamblers from across the world is online slots and they have become even more popular since the inception of cryptocurrencies which players can use to play online slots. There are hundreds of online casinos operating that offer the opportunity for players to play slots using a number of currencies, including cryptocurrencies, to win real money prizes, in the same way, that you can in a land-based casino – all of this from the comfort of their sofas! 

It’s important that when you’re selecting which online gambling site you play on to pay careful attention to what banking options the online casinos support. On a lot of casinos, players can use credit and debit cards as well as e-wallets, bank transfer, and pre-paid cards, but a lot of casinos are now accepting various cryptocurrencies like Bitcoin. With this new and exciting option to play slots with cryptocurrencies, you can rest assured that you can gamble safely and anonymously online. Additionally, gambling with cryptocurrencies means you will have enhanced protection, which means it is quickly becoming a preferred currency to gamble with, amongst players. This is because no financial or personal information is sent to the online casino, so your personal data is kept secure from third parties. 

What should I look for in cryptocurrencies websites? 

While you are on the hunt for the best online casinos to play on using cryptocurrencies you may want to take the following into consideration, before making your choice. Firstly, you should make sure that you are playing and betting on an online casino which you know you can trust who is regulated and the online casino should always be licensed. Be on the lookout for the Privacy Policy on their website, as this is what means the online casino will protect your personal and financial information. 

Secondly, many online casinos support a number of cryptocurrencies but before you decide which casino to play on, check that the online casino supports the cryptocurrency that you are wanting to use and also make sure that you can redeem any bonuses and promotion when you make deposits with your chosen cryptocurrency. 

Thirdly, just like when you choose an online casino to play on, it’s important you take the time to do your research on the game and the software so that you understand the wagering requirements as well as the slots features. Lastly, be sure to play on an online casino that has games from leading and reputable software developers, like industry leaders Microgaming, NetEnt and Playtech. 

What cryptocurrencies can I use on online slots?

Not only are you able to use cryptocurrencies to gamble on online slots, but online casinos are now catering for players who use a wide range of different cryptocurrencies, so there are multiple cryptocurrencies that you can choose to use when gambling on online slot sites like Wizard Slots. One of the most common cryptocurrencies that are most heard of is Bitcoin, but there are many more trusted cryptocurrencies that are accepted at multiple online casinos that are becoming more popular and commonplace with players. Here are some of the other cryptocurrencies that are being supported by a number of trusted online casinos that you might wish to play with while playing online slots:

Litecoin: one of the second cryptocurrencies to be developed has quickly become a favorite alternative to Bitcoin and although it works in the same way as Bitcoin, the blockchain is four times larger, making Litecoin an ideal choice of cryptocurrency for players wanting to gamble on online slots. 

Dash: launched about six years after Bitcoin was released, Dash is growing in popularity with players and offers fast-paced transactions with no fees and ensures a high level of privacy. Players can make deposits between $20 and $25,000 with Dash as well as being able to withdraw anything between $20 and $10,000.

Ethereum: another digital currency that works very similar to Bitcoin which can also be used to run apps is Ethereum and like Dash there are no fees, making it a perfect alternative for players. 

Keeping your personal and financial data private and secure

It’s so important that when you’re gambling your hard-earned money that you take precautions to ensure that your money is in safe hands. Thanks to advancements in technology, cryptocurrencies can provide both online casinos and software developers with the ability to give more protection for players. Players who use cryptocurrencies will keep all transactions private and safe, as their winnings are not recorded. This high-level of anonymity offered to players when using a cryptocurrency, players can remain totally secure as they participate in real-money slot play at multiple online casinos. 

Additionally, another way players have enhanced safety is because none of their personal data is given to the online casino as when you used a cryptocurrency, all of your personal and financial information is kept secure and will not be given to a third party, even the online casino you choose to play on. 

Avoiding Gambling Restrictions

Some players might find that due to certain gambling restrictions and gambling laws in different countries they may not be able to gamble with real money, so gambling with a cryptocurrency is a great way around this as these laws do not apply to cryptocurrencies. So, instead of using a credit or debit card to gamble, players can choose to use one of a number of trusted cryptocurrencies and ultimately eliminating any gambling restrictions!

This subsequently gives players more choice when they are selecting an online casino to play online slots. Gambling with a cryptocurrency is not only safe and secure but also the transactions are very fast which is another reason why they are so popular with players. 

It’s clear to see the advantage of using cryptocurrencies, but it’s so important to ensure that you do your research to make sure it’s the right option for you whilst playing online slots and that you’re playing on a legitimate casino.