Crypto gaming is currently a huge trend.
If you didn’t know already, a crypto game is an online game that allows you (the player) to earn crypto by successfully completing in-game activities. For example, there’s Ethermon, a Pokémon-inspired crypto game that’s centered exclusively around Ethereum, which is one of the most popular cryptos on the market today.
At the same time, there are also lots of crypto-based online casino games. These games are just like regular casino games, except you place bets using your chosen cryptocurrencies instead. This is a great way to have fun and make use of your crypto.
Where Can I Play Crypto Casino Games?
If you want to play crypto casino games that involve real crypto gambling, you should join an online casino that accepts crypto as a payment method. A good place to start is Spin Casino, which currently lets account holders play online roulette using crypto. They have plenty of other crypto-friendly casino games, too, from slot games like Lord of the Rings to all-time classics like video poker. They also have safe betting practices in place so that you can limit your spending.
Crypto in Online Gaming: What are the Pros and Cons?
Now, it’s time to take a closer look at the pros and cons that come with using crypto in online gaming.
Firstly, let’s examine the pros of online crypto gaming.
Crypto transactions use blockchain technology. This enables much stronger online security due to the fact that blockchain technology is centered around cryptography, which makes it impossible for outsiders to tamper and play with it. No matter which crypto you use for online gaming, you can rest assured that it’s safe.
Cryptocurrencies allow you to make completely anonymous transactions. Naturally, this is great news if you’re someone who wants to play crypto games online while experiencing ultimate privacy. For example, you might want to play in a crypto casino and not have it linked to your bank statements. Because cryptocurrencies are completely separate from banks and not regulated by any central authority, this is something you’d be able to do.
Usually, when you deposit or withdraw crypto from an online game, it takes no more than a minute. Faster transactions mean you get to spend more time playing the game, which makes it a no-brainer.
There are a couple of cons associated with crypto gaming. Here’s what they are.
Because crypto gaming is still in its early stages, some online crypto games have low player counts. If the game is multiplayer, this means you might struggle to find people to play with. However, this is only the case with less popular games.
The biggest problem with the crypto market today is volatility. One day, a specific crypto could be worth lots of money — the next day, it experiences a drop-off. There is a solution to this, though, which is to invest in reliable cryptocurrencies, such as Tether and Bitcoin, so that you don’t have to worry about unpredictable volatility moving into the future.