iGaming, or online gambling, with cryptocurrencies refers to the use of digital currencies, such as Bitcoin or Ethereum, when gambling and gaming online. This can be by placing bets on your favorite sports team, playing games in online casinos, or other types of online games.

Crypto for gaming

Using cryptocurrencies for iGaming can offer several advantages, such as fast and secure transactions, low fees, and increased anonymity. This is also why many chose to play at online casinos with Bitcoin, or use cryptocurrencies in other types of gambling. Before you get started with this, it is important that you find a good and safe casino to gamble at, and that you know all the rules for playing with crypto. Remember that online gambling with cryptocurrencies may not be legal in some jurisdictions and it is important to check the laws in your area before participating in any iGaming activities.

Start gambling with cryptocurrencies

If you wish to start gambling with cryptocurrencies, then there are a few steps you need to go through before you can begin. You might wonder if crypto gambling is something for you, and to find out you can have a look at these steps and check for yourself.

  1. Choose a cryptocurrency to use: To start your crypto journey, you need to figure out what crypto you want to use. Bitcoin, Ethereum, and Litecoin are the most common cryptocurrencies used for online gambling, but there are thousands of coins to choose from.
  2. Choose a cryptocurrency exchange: After doing research on the cryptocurrency you want to use, you can start looking for a way to buy and store them. You need to find a reputable cryptocurrency exchange or online wallet that you can use.
  3. Buy cryptocurrency: Then it is time to buy crypto. Create an account and verify your identity. Once your identity is verified, you can buy the cryptocurrency you have chosen to use for gambling.
  4. Find an iGaming platform for cryptocurrency: The next step is to figure out where you want to gamble. It is important to choose a good and reputable site that holds a valid license, and that of course offers gambling with cryptocurrencies.
  5. Create an account and deposit money: Once you have found a reputable iGaming platform, create an account and link it to your cryptocurrency wallet. Deposit cryptocurrencies into your account, so that you are able to gamble with the money.
  6. Start playing: Now you are all ready to start gambling with crypto. Once your account and deposit have been confirmed, it is time to find your favorite games or what you want to bet on and start your crypto-gambling journey.

Source: Unsplash.com

Play-to-earn crypto gaming

Play-to-earn crypto gaming is another way to play with crypto and earn money in real life. This is where players can earn cryptocurrency as a reward for their in-game achievements or by buying and selling items within the game on the blockchain. This concept is also known as “True Ownership” or “NFT Gaming”, and the form of gambling is driving NFT and crypto growth. This could be a great way to play with crypto for all gamer fans.

Previous articleDestiny 2 tips for newbies to master the MMO Shooter
British born administrator and developer helping serve and promote open source content to the MMORPG development community since 2001.