The crypto industry has great value for users and industries often cast aside by traditional financial institutions. Online gaming is one of the best sectors to bridge the power of blockchain technology with players looking to benefit from a more secure, fairer, and transparent system. Online casinos supported by cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and others, have opened the door for these platforms to provide their users with greater anonymity than their legacy counterparts. A crypto casino can operate without demanding your financial information. Users are empowered as they control their own data, which is free from single points of failure and potential bad actors and can send funds with faster transaction settlement, 24/7 days of the week, with more security than with a traditional bank account. The same applies to any withdrawal. Unlike conventional platforms, players don’t need to wait for days to cash out their profits. They can simply select their preferred cryptocurrency and wait a few minutes until the transaction is completed, with a much lower fee than if the user were to send the money via a bank. In that sense, crypto casinos give you, the player, more anonymity, more power over your financial information, and more transaction and playing speed. In addition, crypto casino games are fairer than conventional platforms as they leverage an algorithm called Provably Fair. Designed to provide crypto...
