10 Crypto Gambling Tokens

Cryptocurrency-based casino websites are growing incredibly, with leading gambling games supported by promising and reputable platforms. However, many players are unfamiliar with most online gambling tokens, with Bitcoin and Ethereum receiving the vast majority of attention.

This guide details tokens and the undeniable benefits of cryptocurrency coins for gambling. The Slotozilla team will help you discover many ways to improve your online casino gaming experience, from simple transfers to more affordable rates.

The Main Pros of Using Crypto in Gambling

If you like online gambling in its traditional format, fear not. Crypto gambling coins are less about change and more about improvement – with swathes of significant upgrades across the board through the implementation of cryptocurrency tokens. Let’s look at areas that have benefited most from crypto’s arrival.

• Security and Privacy: Blockchain technology’s decentralised nature provides more security and privacy, guaranteeing the confidentiality of sensitive data. Because transactions are irreversible and transparent, users are prevented from fraud or hacking.
• Speed and Efficiency: The days of waiting for bank approval for transactions are past. Operators can conduct transfers in a matter of seconds by using casino tokens. The entire payment process has been expedited and enhanced from beginning to end.
• Reduced Fees: Bank transfers often charge online gamblers unnecessary and frustrating fees. Crypto tokens are either feeless or low-cost, meaning you can keep more of your hard-earned winnings.
• Global Reach: Cryptocurrency gambling coins are a universal currency. No matter where you are, this technology puts you in control – a poignant point if you live in an area where online gaming is restricted.

Top Crypto Coins for Gambling

A few digital currencies stand out among the numerous that are accessible because of their special qualities that make them especially suitable for gaming. Here is a look at the best cryptocurrency coins for gaming and why online casinos and gamers like them.

BTC

Bitcoin online casinos are on the rise for a variety of reasons. First is security, as Bitcoin’s revolutionary blockchain technology protects every transaction to and from online betting platforms.

Second, Bitcoin has gained plaudits for the speed at which the token processes transfers. You can send and receive funds within minutes, an almost impossible achievement with fiat currencies. This impressive feat has resulted in a 219-million-strong user base.

With all of this said, Bitcoin isn’t the perfect cryptocurrency. Instead, the more correct description of the token is that it was the first to hit a mainstream audience. It doesn’t have the speed or energy efficiency of those that have since hit the market, but it has mass appeal.

Hence, Bitcoin’s popularity is more important than anything else. The general public believes in Bitcoin—and it’s doing its job effectively—so we can expect the gambling token to reach greater heights in the coming years.

Ethereum (ETH)

Generally considered the second-most popular token using blockchain technology, Ethereum’s rise in the online gaming space is a story that all should closely examine.

Founded by a Canadian programmer named Vitalik Buterin in 2013, this decentralised finance coin is more than just a side dish to Bitcoin. In fact, Ethereum will be an energy-efficient and fully functioning token at Australian online casino sites 2024.

Reports suggest that Ethereum carries over 200 million active users. Each of these users can take advantage of incredibly quick transactions, with 25 transfers processed per second. This, in combination with deep security software protecting player data, sees ETH stand alongside BTC as a top pick on the list of the best gambling token options.

In many ways, Ethereum is the natural successor to Bitcoin at some point down the line. The protocol is more modern compared to its older counterpart, but it lacks the worldwide appeal and bewildering scarcity associated with BTC.

Litecoin (LTC)

Having originated at the dawn of the 2010s on the back of Bitcoin’s emergent success, Litecoin has since attracted significant attention in the crypto world. Its most recent outings have seen the gambling token hit online betting sites – with several top-rated operators supporting LTC for deposits and withdrawals.

An oft-overlooked yet undeniably special element of Litecoin is its sheer speed. Thanks to its impressively fast ‘block time,’ the cryptocurrency can complete transfers four times quicker than Bitcoin. This means that Litecoin’s ‘blocks’ on the blockchain are updated faster than Bitcoin’s.

With active engagement on forums such as Reddit, Twitter, and other social media channels, Litecoin has a strong community presence. For example, the Litecoin subreddit boasts a membership of more than 300,000.

The main downside is that Litecoin rarely achieves the heights put forward by its proposed service. This is because it remains a relatively unknown platform in the grand scheme of things – so the network isn’t often tasked with hitting tens of transactions simultaneously.

Regardless of how often Litecoin’s limits are reached, its speed plays a major role in payments for many online gamblers. Money earned from bonuses and tournaments can now be transferred to your crypto wallet quickly.

Binance Coin (BNB)

Developed and published by popular crypto exchange platform Binance, BNB allows users to earn discounts on the site, with the rate steadily changing year-on-year. The end goal is a decentralised exchange brimming with unique and premium coins. BNB will be the centre of all operations as the fundamental behind all transactions.

BNB, also known as Build ‘n’ Build, has a supply limit of 200,000,000. Binance promises to use a chunk of its profits to buy back much of that supply in an attempt to drive up the value of its coin – but it remains some way from completing that feat.

Nevertheless, BNB is commonplace when you play online casino for real money. Boasting generous transaction times and operating on an in-house network, there’s plenty to like about this crypto token.

TRON (TRX)

Another decentralised, blockchain-based coin, TRON, boasts one of the catchiest names in the game. Now, over half a decade since its inception, this Singapore-produced token takes pride of place on its own network. Previously, it had operated on Ethereum’s ERC-20 network.

Pertinent to this guide is TRON’s foray into the gambling market. Backed by a growing community, TRON has begun appearing on several of Australia’s favourite betting sites alongside other tokens to transfer funds. Thanks to the speedy nature of its network, players looking to gamble online can transfer TRON tokens very quickly.

There are around 1.5 million TRON users today – many of whom use the token on Australian online casino sites 2024.

EOS

A lesser-known yet unquestionably impressive casino games token created in 2018, EOS aims to deliver millions of free transactions every second. Unlike other coins that survive based on transaction costs, EOS seeks to exterminate all charges placed on the user.

That’s why so many crypto gamblers continue to switch from larger coins to EOS. The potential rewards derived from using the crypto token are even more impressive, as the network allows users to stake EOS and accrue more tokens.

So, with the potential for staking and free transactions to and from sites after placing bets, why not give EOS a shot on your preferred platform?

FunFair (FUN)

FunFair is arguably the best option when it comes to gambling tokens for one major reason: its entire premise is based on blockchain casino gaming. Operating on Ethereum’s network, FunFair went live in 2017 and has since enjoyed a steep rise in popularity amongst bettors. With a user base in the hundreds of thousands, FUN generated notable revenue in 2023.

Sites offering promotions and game titles through FunFair must pay out all player winnings in FunFair tokens. In some instances, casino sites offer FunFair as the exclusive payment option – meaning that every transaction on the site occurs through the token’s ‘Fate’ channel.

It’s rare for a crypto service to focus solely on casino games. Where competitors look to create new banking options, digital assets, and feeless transactions, FunFair just wants to develop immersive and one-of-a-kind gaming experiences.

CasinoCoin (CSC)

Gambling crypto coins have taken the betting world by storm over the last decade, with CasinoCoin being one of the major drivers behind that success. Commonly known as ‘CSC’, this is one of the industry’s oldest exclusive gambling coins launched in 2013. Initially, the goal of this gambling token was to create a safe space for bettors affected by sudden and restrictive laws in the US.

More than a decade since its inception, CasinoCoin is stronger than ever. The token is under new leadership headed by gambling experts, with accessible transaction fees at the heart of the group’s goal.

Additionally, CSC can be stored locally rather than in the cloud. This gives users more control over the coin and adds an extra layer of security to a crucial token.

Edgeless (EDG)

Edgeless is an online casino platform, unlike other crypto tokens that operate solely to move funds from one space to another. Powered by the Ethereum network, this betting site hosts roulette, blackjack, slots, video poker, and more – all with the backing of a secure token.

Typically known as EDG, Edgeless is run by a small group of people in Lithuania. Initially just a coin used for trading, the crypto token has gone from strength to strength in recent years – culminating in the arrival of Edgeless.io. Now, you can indulge in the best paying online pokies via a secure crypto-based blockchain.

Best of all, the Edgeless casino allows players to wager anonymously and through a demo mode, as is seen at PayID casino in Australia. This way, you can test games before spending any money.

Wagerr (WGR)

A fascinating arrival to the online betting space is Wagerr – a digital crypto wallet and sportsbook rolled into one. Place bets on your favourite teams and leagues to earn WGR, with all funds stored directly on the platform. This streamlined process lets you seamlessly access WGR tokens and bet on further events.

The site also boasts the ‘best’ odds and guaranteed payouts – an impressive accomplishment considering that all user account data is anonymous. The only blemish on Wagerr’s feature set is a notable lack of offers, and no deposit bonus codes 2024, but the quality of the platform more than makes up for that minor black mark.

Plus, with Wagerr remaining an underground token among the best crypto coins for gambling, you can still get in before it becomes expensive. Due to its concentration on the sports betting speciality and provision of a safe and effective choice, we suggest WGR for online betting payments. Players select WGR for transactions because of its efficiency and affordability.

How to Play with Crypto Coins at Online Casinos

Whether you’re on the hunt for exclusive bonuses, new game titles, rewarding ways to bet, or want to try crypto token wagering – there’s no better time to join a crypto-supported platform than today. Several impressive sites are available online, each with unique and popular crypto coins.

See below for steps on how to play casino games with tokens.

Cryptocurrency token betting works much the same way as standard wagering. The only true difference is in the withdrawal times and payment limits, with the best gambling crypto coins beating fiat options in most instances.

Don’t forget to participate in offers that solely accept tokens as qualifying material. Many of today’s platforms support cryptocurrency-specific welcome offers and loyalty deals, so it’s worth taking advantage of these boosts where available.

Best Crypto Casinos 2024

Several factors come into play when evaluating cryptocurrency-focused betting platforms, including free spins on sign up no deposit, the number of payment options, and bonuses.

We’ve compiled a list of casinos that support most of the tokens already mentioned in this guide right here:

SkyCrown Casino

With a VIP programme, numerous promotions for new and existing customers, jackpots, slots, and even a live casino area, there’s plenty to love about SkyCrown Casino.

At SkyCrown, gambling crypto tokens are among the best in the business, with Bitcoin, Ethereum, Litecoin, BNB, TRON, and even Dogecoin cutting. Minimum payment limits are accessible to a wide range of budgets, too, with processing times varying between ‘instant’ and up to 3 working days.

Bitkingz Casino

Many options are open to users looking to transact funds to and from Bitkingz Casino. In addition to the usual suspects — Bitcoin, Ethereum, Litecoin, and BNB — this site also supports Ripple, Dogecoin, Bitcoin Cash, and Cardano.

Bets come in a vast array of sizes at Bitkingz – so there’s no pressure when it comes to choosing your preferred type of wager.

CryptoLeo Casino

It’s immediately clear from the title of this online betting platform just how seriously CryptoLeo takes cryptocurrency gambling tokens. This is even more pronounced upon entering the site – with a spin of the so-called ‘Bitcoin Wheel’ part of the welcome package.

We’re big fans of the rewards programme at CryptoLeo Casino. You’re tasked with carrying out ‘missions’ in exchange for exciting rewards and points. Bitcoin, Cardano, Litecoin, Dogecoin, Tron, Ethereum, and BNB are all available when paying at CryptoLeo Casino.

FastPay Casino

If ever a site were to make a promise based on its name alone, it’s FastPay Casino. Boasting near-instant withdrawals at low minimum price limits, this betting platform is the place to be for all things cryptocurrency token bets.

With a diverse range of slots, table games, and live dealer options, FastPay caters to various preferences. Alos, it is known for its FastPay for its reliability, security, and responsive customer support. Bitcoin, Ethereum, Litecoin, BNB, and Tron are listed as the main tokens on this site. However, Cardano, Dogecoin, and Bitcoin Cash also enter the equation, giving bettors plenty of choice when gambling with tokens online.

Embracing a Crypto-Driven Future

Internet-based casino sites represent maximal freedom, regardless of the site you use. These sites allow you to forge a new future and earn money while having fun – something very few ventures permit. This is evidenced by the $250 million-strong cryptocurrency gambling economy.

Therefore, the emerging connection between cryptocurrencies and online casinos is natural. Both seek to put power into users’ hands. Going deeper than that, both services understand speed, security, and efficiency are key. By working together, gambling tokens and betting sites can break new ground in these fields.

The future of this newfound relationship is closer than one might think. We envision websites where the platform and payment system are connected and enveloped by one another. Using exciting technology to bind gambling token wallets and online betting platforms, the industry is on the cusp of something it’s never encountered before a combination of fun and freedom.

Final Words

Gambling is all about placing bets. In a way, those who use crypto gambling tokens are doing much the same – as a token’s value one day could half the next.

But that’s the thing with online gambling: it’s centred around risk and reward. With the best gambling crypto tokens, the risk diminishes while the potential rewards reach new ground. It’s an unforeseen and unprecedented circumstance.

Cryptocurrency wagering puts you in control. You can bet anonymously and however you like, with modern technology on the blockchain and other protocols protecting every transfer to the utmost extent.