Top Currencies Used in Online Casinos
Get to know the best currencies to use at some of your favourite online casinos, including Housebets.com.
Get to know the best currencies to use at some of your favourite online casinos, including Housebets.com.
The advent of crypto-powered online casinos like Housebets has made cryptocurrencies the most popular means of transaction in the iGaming industry.
While bettors still use fiat currency to conduct transactions in the online gambling industry, cryptocurrency has become increasingly dominant and popular as a means of transaction due to its advantages over fiat currency.
Aside from the speed it offers, Cryptocurrency also offers anonymity and privacy, meaning you do not need to provide any credit card details or personal details for all transactions.
However, while cryptocurrency is now more popular than ever, which of the numerous crypto coins are mostly used at crypto casinos? We break it down in this piece.
Most Used Coins at Online Casinos
Bitcoin
There is no better coin to start with than the pioneer of all crypto coins, Bitcoin. Bitcoin, which is the first cryptocurrency, remains the most popular cryptocurrency and can be found at every crypto-powered casino platform, including Housebets.
Because of its popularity and large user base, Bitcoin is the number one cryptocurrency at every online casino. Aside from its popularity, Bitcoin transactions are also fast and secure, which explains why it will always remain popular.
USDT and USDC
Stablecoins like Tether (USDT) and USDC are also popular at online casinos, including Housebets. This is because, unlike other crypto coins, stablecoins are not volatile and it is not necessarily affected by the crypto market as their price is pegged to the US dollar.
This makes it attractive to players as they know that they can deposit and withdraw their funds without worrying about price fluctuations.
Stablecoins allow users and casinos to conduct transactions in cryptocurrency without worrying about the risk of fluctuations in the crypto market.
Dogecoin (DOGE)
A coin that initially started as a meme is now one of the most used coins, not just in crypto casino transactions, but cryptocurrency transactions as a whole.
Because it is easily accessible, Dogecoin is popular at online casinos. Also, its fast transaction speed and low transaction fees make it popular amongst users.
Litecoin (LTC)
Litecoin is another cryptocurrency that is popular at most crypto-powered casinos, including Housebets.
Because of its low transaction fee and fast transaction speed, Litecoin is popular amongst users. Transactions on the Litecoin network are confirmed within minutes, as it offers faster block generation times compared to Bitcoin.
Ethereum (ETH)
Just like Bitcoin, Ethereum is also one of the cryptocurrencies that is accepted at almost all the crypto-powered casinos in the world.
Ethereum is a top pick amongst players because layer-2 solutions like Arbitrum and Optimism, gas fees are now more manageable, and transactions are faster. It also has a large liquidity pool for the high rollers.
Binance Coin (BNB)
Binance Coin is popular because it offers players some exclusive benefits and lower transaction fees at online casinos that accept it.
Are these coins available at Housebets?
Yes, you can deposit and withdraw any of these coins at Housebets.
How do I deposit to fund my bets at Housebets?
It’s easy and simple as long as you follow the simple steps below:
- Go to Housebets.com
- Log in to your account or sign up if you don't have an account
- Click on Wallet
- Click on Deposit
- Click here to view and select your preferred Cryptocurrency
- Choose your preferred Cryptocurrency and network
- Copy the Wallet address or scan the QR code and transfer from your wallet.
- Coins will be deposited automatically after 6 network confirmations.
Why you should choose Housebets
Housebets has some of the best offers on the site and amazing bonuses, including a 100% matched bonus up to $1,000 (35x wagering on the deposit and bonus) and a chance to pre-mine $1M of tokens. Also, you get to enjoy easy transactions.
You can deposit into your account with any preferred currency of your choice, with a fast payout option on winnings.
There is a wide range of casino games to choose from. In the sportsbook section, you can also bet on live events, tennis, American Football, soccer, basketball, and other sports.
