One of the hottest trends in online gambling right now is betting with cryptocurrency. As more and more people look for a way to enjoy casino slots, poker, or even sports betting in a safer, faster, and more exciting way, crypto gaming becomes an unrivaled alternative.
But how do you actually start to bet using crypto? Don’t fret—this guide will assist you in understanding how to begin betting with crypto in a safe and easy way.
Also, if you reside in this Asian metropolis, you still can utilize some Singapore online casino free credit no deposit offers, allowing you to test new platforms without risking your money.
What is Crypto Betting, and Why Should You Try It?
Crypto betting is similar to regular betting, but players wager with Bitcoin, Ethereum, or USDT instead of traditional money. The reasons why many bettors choose this kind of betting are simple: privacy, faster withdrawals, and low fees. If you have ever played at an online casino, picture crypto betting as its better version.
Since all transactions are anonymous, more secure, and flexible, you’ll find yourself comfortable with the atmosphere. Besides, you may enjoy special bonuses like free SGD credit online casino offers, which can add more funds to your starting balance.
Similarly, all the well-known games are there, and the only differences are better odds, exclusive crypto-only games, and faster transactions.
How to Find a Trusted Casino in Singapore Using Crypto?
Safety should be the number one concern when gambling online. Therefore, we would recommend choosing a trusted casino in Singapore, like GoPlay711, with the best reviews, good reputation, and proper licensing.
Some good casinos even offer welcome bonuses or free credit for new players. However, you should take your time to research the casino.
If you are still searching for a casino, make sure it accepts the cryptocurrencies you have. Also, see if the website uses encryption to make your transactions secure. Most importantly, several free credit no deposit online casino Singapore sites will allow you to try out crypto betting without spending a penny.
Setting Up a Crypto Wallet for Online Casino Betting
Crypto casinos have become more popular recently due to the anonymity and security they provide. Before you get to playing with crypto, you will need a wallet to keep your digital coins in. It is what functions as your digital bank account for your casino funds.
There are tons of wallets to choose from; with options like MetaMask, Trust Wallet, and Coinbase being among the most popular.
However, in this case, it is a digital account where your coins are safely kept. Once you have set up your wallet, the next step would be to purchase some cryptocurrency. You can do this through the various exchanges or peer-to-peer platforms.
However, you should remember to eventually move the coins to your personal wallet, and you can now proceed to deposit your crypto at your casino of choice.
This is how you proceed to the stage where you have money in the account and may finally make a deposit to start playing.
How to Deposit Crypto and Start Playing
Depositing cryptocurrency on the website of an online casino is easier and faster than it might sound. Once you have registered an account, you will need to navigate to the cashier or deposit section.
Then, you will need to select the crypto which you prefer using and follow the instructions to complete the transaction. Normally, this would involve copying the wallet address of the casino and then sending the amount from your own wallet to the casino’s wallet.
A huge upside of this method compared to the rest is that most cryptocurrencies reflect the deposited amount instantly, allowing you to start playing straight away.
Start Betting Using Crypto Today!
If you’re interested in online betting, it’s time to get acquainted with the latest innovation in the industry – crypto casinos. Not only are they safe and secure, but they also offer unmatched convenience and privacy. Best of all, you can try them today with a free credit no no-deposit online casino Singapore bonus!
Frequently Asked Questions
Are there any crypto-related bonuses can I get from online betting sites?
Yes, some of the best sites featured here, like Solarbet and GoPlay711, provide rewards for using cryptocurrency. Make sure to visit their website for new promotions.
Why is betting with crypto preferable?
Transactions are quicker and cheaper with crypto, which allows you to deposit and cash out rapidly. Moreover, you will be required to pay fewer fees. Online casinos that adopt this payment method also tend to provide their users with better anonymity, as you can make bets without even providing the sites with your details. Finally, it should be noted that using cryptocurrencies is generally more secure because of the higher level of protection offered by blockchain technology.
How can I protect my cryptocurrency wallet from hacking when betting online?
First of all, use a safe wallet – hardware wallets such as Ledger or Trezor may be the safest option, because they store your coins offline. If you use a mobile or software wallet, turn on two-factor authentication (2FA). Also, don’t share your wallet’s private key or recovery phrase with anyone, and don’t click on any suspicious-looking links, sites, or emails that were intended to make you allow them to access.