One of the latest additions to online gaming platforms is cryptocurrency payment methods. This allows you to deposit and withdraw using any of the most popular cryptocurrencies. 

We take a look at the 7 top cryptocurrencies available to use at online casino platforms in 2023.

7 Popular Cryptocurrencies 

If you plan on exploring the crypto-gambling world, then we recommend trying these out these tokens for the ultimate playing experience.

Bitcoin

We start with the king of cryptocurrency, Bitcoin. This is probably the best-known and most popular cryptocurrency. What is so alluring about Bitcoin is that BTC keeps climbing in value. It was expected to burst twice now, but still, it continues growing. The benefits of using Bitcoin at online gaming platforms include anonymity, increased security, and liquidity. 

Ethereum

Ethereum is closely behind Bitcoin in terms of popularity. It is slowly gaining momentum thanks to all it offers. With this cryptocurrency, online gaming platforms have the opportunity to use it in app development. Already, Ethereum is utilised in a variety of Blockchain and NFT games. If you’re looking for a viable investment, then this cryptocurrency is highly recommended. Its value continues to grow, not to mention it enables you to make low deposits as small as $5 in some regions. 

Litecoin

Next, we’ve got Litecoin, which has gained popularity thanks to its special design, allowing for faster transfer response. It’s a lighter coin, which makes it easier to process. The benefits are swift processing, speedier deposits, and wagering possibilities. There is also a great number of online gambling platforms that support this cryptocurrency. 

Dogecoin

Next is the famous meme-based cryptocurrency, Dogecoin, which started as a joke but gained drastic growth. Today, it is a community-based coin which can be used at various crypto-friendly betting platforms. The list of Dogecoin-friendly sites is still relatively small compared to other cryptos, but it is slowly growing. On top of the regular crypto benefits, this coin is also slightly more affordable, which makes it a preferred option by those with a tighter budget. 

Tether

Tether is considered one of the most fluid currencies that make conversions easier. It is also referred to as USDT and carries the same value as the US Dollar but only in a blockchain domain. There is reliance on USDT conversion for many blockchain transactions, and Tether makes it easier. This stablecoin’s compatibility with the USDT and its flexibility makes it a top payment option. 

Ripple

For online casino players in the AI domain, there is Ripple. AI is quickly becoming a more prominent feature in online gaming platforms. With AI, things become slightly more challenging and entertaining than the regular RNG-based gameplay. In the same sense, Ripple has led the market to more evolution. Currently, it is not as popular as other cryptocurrencies, but it is quickly climbing the ranks. Some benefits of using Ripple include added security, effortless deposits, withdrawals and open transparency. 

DAI

Lastly, there is Dai, a stablecoin that forms part of the Maker Foundation’s Maker ecosystem. This coin is secured by MakerDAO, which is a blockchain-based decentralised organisation filled with DAI stakeholders. 

One of the biggest drawcards is the decreased volatility. The stablecoin trades for 1:1 against the US Dollar. The value is maintained by MakerDAO, locking its value with other crypto assets in Smart Contracts. If you lock crypto in the Maker Protocol smart contracts, you can borrow DAI coins against their set collateral. 

The Maker Protocol is an open-source project which was created back in 2014. The objective is to provide a solution for controversial centralised stablecoin protocols. Private companies mint centralised stablecoins, whereas DAI tokens can be minted by any user who stakes collateral via the Maker Protocol. 

Other Cryptocurrencies

There are plenty of cryptocurrencies available for players to use when funding their online gameplay. Other reliable cryptocurrencies and stablecoins available online include: 

• Bitcoin Cash
• Dash
• Binance Coin
• Monero
• Reserve Stablecoin (RSV)
• Binance USD
• TerraUSD
• USD Coin

Be sure to pay close attention to the markets before using any crypto to play at online casinos. Learn more about the ups and downs of the token values before you make a deposit.

Start Your Crypto Betting Experience 

For anyone looking to step into the online gambling world using cryptocurrency, there are plenty of options to choose from. As this sector is not as strictly regulated or controlled as the traditional gaming platform, it is easy to make mistakes choosing the wrong site. 

TopSpotCasinos brings you a list of top recommended cryptocurrency betting platforms that give you access to provably fair games and deposits and withdrawals via trusted cryptocurrencies like Bitcoin, Tether, Ethereum, Ripple, and Litecoin. 

Explore the best cryptocurrency gaming entertainment by finding your preferred crypto casino today.