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Posted

I see more and more crypto casinos opening every month, and many players are moving from normal casinos to them. It feels like the crypto world is changing how people play and bet online. Maybe it’s because of fast payments, privacy, or trust in crypto. (Personally, as a trader, I don’t trust the volatility of crypto, but as a player, I do believe crypto casinos have stolen the spotlight from traditional ones) I’m not sure, maybe they are just more friendly in terms of rules, but it’s interesting to see how fast this change is happening. What do you think is the main reason behind this big growth?

Posted

#1 No KYC procedure needed at crypto casinos (initially yes, but this is no longer true - kyc may still be required sooner or later).

#2 Crypto transactions are anonymous so players do not have to worry about their privacy.

#3 Transactions are very fast, including withdrawals to crypto wallets - no long pending periods, no long waiting times.

#4 To attract new customers, these crypto casinos usually give much bigger deposit bonuses with lesser wagering requirements.

There are other smaller factors but I won't go into them.

Despite all the above interesting points, I stay away from playing with crypto currencies. They are unregulated so I cannot trust them!

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