Many people who enjoy gambling are aware of the Bitcoin cryptocurrency. There is a huge variety of Bitcoin casino assortment which a gambler can enjoy online; the currency comes to one’s aid in getting around laws relating to transactions carried out while gambling, and around laws imposing taxes on the casino winnings. Most pertinent of all is the anonymity granted by Bitcoin: nobody can seize your funds if no financial institution has authority over them!
There are plenty of cryptocurrencies, but Bitcoin is the most popular, and has fought off all other currencies, or ‘alternative coins’, which have called themselves ‘the new Bitcoin’. Some of these are worth just a quarter of a penny, or even less; others are worth a couple of dollars. Market fluctuations will dictate their future value so, perhaps, like Bitcoin they will increase in value to a few hundred dollars.
Popular Alternative Coins
At the last count, over seventy cryptocurrencies exist. These are all used eagerly by users of online casinos. They include Litecoins, which was launched in 2011; its market cap today is estimated to be roughly $66 million. Litecoins were announced as ‘the silver to Bitcoin’s gold’, and when using Litecoins transactions are said to be far faster. On the downside, any advantages for specialized hardware miners do not apply. A single Litecoin worth $1.75.
Peercoin is yet another altcoin. This currency, also introduced in 2011, has a smaller market cap, at about $8 million, while they are currently exchanged for $1.59. Some other cryptocurrencies which are popular include: the Namecoin ($0.45); the Darkcoin ($2.45); the Novacoin ($0.66); the Dogecoin ($0.00014); and the Reddcoin ($0.00002). We shall now discuss the popular altcoin casino websites you can find online.
AltCoin Sites for Gambling Online
Let’s review all popular altcoins ever used in casino games. The given pages show the most-played casino venues for the specified alternative coin.
Casinos Which Accept Alternative Coins
The virtual currency concept appeared back in 2008, and operators of online casinos grew wise to the benefits of online gambling and its vast potential. It was not long before online casinos launched which offered to gamble with cryptocurrencies. FortuneJack and Betcoin Casino are two excellent ‘crypto-casinos’ which are much admired by the gambling community.
FortuneJack is a crypto casino which supports eight altcoins. It has proven to be a fair casino, where each game can be checked in terms of how fair it is. A gambler can enjoy over 170 slots, and compete with other gamblers to win prizes as they rise up the leaderboard. Live games such as Roulette and SicBo can be enjoyed, while Blackjack, Dice, Fortune Wheel and Video Poker are also available for your delectation.
FortuneJack offers a 100% deposit bonus up to 1 BTC and also returns 20% of a loss. Weekly promotions and a detailed loyalty program are on offer: when a user gambles with some currencies, they earn some back and are rewarded for their loyalty.
At Betcoin Casino only bitcoins and litecoins can be wagered on over 150 casino games. You can take Betcoin in your pocket thanks to the mobile casino version. Betcoin is unique in that it does not use proprietary casino games. Instead, some of the best 3D Betsoft slots are available: Safari Sam, Dr. Jekyll and Mr. Hyde and Good Girl Bad Girl, to name just three.
Betcoin Casino provides a 100% bonus on the first deposit, 50% bonus on the second deposit, and a 25% bonus on the third deposit, with up to 1 BTC bonus given to each and every new player. Additionally, the three players whose daily or weekly win margin or general win is the highest are rewarded with free chips!
FortuneJack casino is the finest altcoin casino if you are searching for one which accepts so many different coins and can, therefore, enable an exchange between them all. For gamblers wanting to bet using bitcoins or litecoins, the best choice if Betcoin Casino.