Crypto casinos are now dominating the casino industry just because they provide many benefits over the traditional money-transferring system that we used for many years. Even though they provide many benefits many people still don’t use cryptocurrencies for gambling due to the complexity of the system.
There are many cryptocurrencies available and each casino game offers different playing options.
As a beginner, you might feel overwhelmed when making a decision on which altcoin to choose for playing games like blackjack.
That is why in this article we will highlight the best Altcoins you should consider using on your next blackjack gambling session.
Even though cryptocurrencies might look the same, they are not. Cryptocurrencies are basically code, and everyone is different in their nature. This means that some of them are better than others in terms of their usability for gambling.
If you play blackjack on mbitcasino, you know that One of the most popular cryptocurrencies in the world is Bitcoin, and there is no doubt that it heavily dominates the casino space. One of the main advantages of Bitcoin is its popularity and acceptance by the world, which means that it is fairly easy to find a Blackjack game that allows you to play with Bitcoin.
On top of that, BTC is the most valuable cryptocurrency in the world which managed to reach $65K last year. This means that people can earn money as BTC grows in value.
Bitcoin is also the safest cryptocurrency and it cannot disappear suddenly due to its popularity around the world.
Best Altcoins To Use For Blackjack
Even though Bitcoin is great, it is very unstable, so it is ideal to look for alternatives. In crypto terms, all the currencies that are not Bitcoin are called Altcoins.
Below are some alternatives to Bitcoin that you can use when playing in online casinos:
Just as the name suggests, this is another cryptocurrency that allows fast money transfers and lowers fees. Litecoin is quite similar to Bitcoin in terms of template design and structure, but it is a much more efficient way of transferring money.
Litecoin has reached a market cap of $1 billion in just two years due to the simple mining process. This is also a peer-to-peer currency that allows you to play blackjack with lower fees and instant transfers.
On top of that, you can easily convert Litecoin to other cryptocurrencies or fiat just because there is a high demand for this cryptocurrency.
Even though this is a much smaller altcoin compared to the crypto giants, it is still a great cryptocurrency for gambling due to the quick deposit and transaction time. On top of that, Dash has much lower fees compared to other cryptocurrencies meaning you got to keep most of your profits for yourself.
It is a user-friendly altcoin, and the only disadvantage is that sometimes it is hard to find a blackjack table that offers gambling with Dash since the altcoin isn’t that popular.
Ethereum migrated to proof-of-stake and the founder claims that this crypto is much more efficient now reducing energy costs by 90%. With the new model of Ethereum, gamblers can use it to play blackjack with much lower transactional fees, and faster deposits and withdrawals.
Additionally, Ethereum is the second most valuable cryptocurrency in the world making it much easier to find blackjack tables that offer gambling with ETH.
Over the years, Ripple has evolved into a better and more efficient version and now it is quite popular all around the world, including in the casino industry. Many casinos allow people to gamble with Ripple, and the reason for that is the greater security and effortless payment benefits that this altcoin provides.
Ripple transactions have drastically lower costs than some of the cryptocurrencies we mentioned before, and it is a much simpler way of gambling. On top of that, the system of Ripple is quite similar to the banking system that operates for hundreds of years.