Crypto betting is an exciting opportunity to place your wagers differently. This is because cryptocurrencies offer high security, anonymity, and a chance for an investment better than fiat currencies. For this reason, the last few years have seen a significant rise in the number of crypto casinos as more punters embrace this form of gambling.

However, there are several complexities that come with crypto gambling due to the fluctuation and volatility of cryptocurrencies. Moreover, with so many crypto casinos available, it is complex to choose a suitable casino. In this article, we take an in-depth look into crypto gambling in the US and review the top three crypto betting sites based on their features.

Top 3 crypto casinos for US players right now

With the latest crypto craze in the US, the number of crypto casinos has increased tremendously. Today, punters have a myriad of options when it comes to crypto casinos. They can opt for casinos that exclusively use cryptocurrencies or casinos that allow cryptocurrencies and fiat currencies.

Even so, there are several other features that need to be looked at before settling on a casino where you can wager. For instance, a casino’s licensing is paramount to guarantee its safety and security. The gaming library is also key to provide players with enough variety of casino games. Additional features include reliable customer support, enticing bonus offers, and fast payout.

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The top three casinos listed below are chosen based on the features listed above. Read more to find out what each casino has to offer players.

BetUS

BetUs prides itself as America’s favorite sportsbook and casino. Well, how true that is depends on individuals’ preferences. However, BetUS has maintained a stellar reputation over the last 25+ years it has been operating. Here is why BetUS is a top casino in the US.

Licensing

The casino holds a valid and updated license from the Curacao Gaming Authority. With this prestigious license, the casino fully complies with strict rules regarding player and fund protection. This includes the use of encryption to protect data.

Game Variety

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BetUS has an impressive casino games’ variety that is poised to suit all tastes. Players can enjoy several online slots, table games, and live dealer games from top providers. The casino hosts slots featuring different themes and bonus features with table games including classics such as blackjack, roulette, and baccarat.

Bonus offers and promotions

There are several bonuses available for new and returning players. New players are eligible for a 50% match-up deposit on their first crypto payment up to $1,250. Other offers include cash backs, free spins, and reload bonuses. The wagering requirements are fair and achievable within the given time limit.

Payment methods

BetUS accepts payments in USD and cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. For fiat currencies, players can opt for several payment methods such as credit cards, e-wallets, and bank transfers.

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Customer support

The site has reliable customer support that offers help through telephone and email. In addition, the customer care department has different numbers to cater for casino and crypto-related issues. There is also a ton of information and guides on crypto betting for new players on the site.

7Bit Casino

Regarded as the paradise of Bitcoin online gambling, 7Bit Casino certainly demonstrates a great passion for crypto betting. The casino has several impressive features that makes it stand out as a top crypto casino. Here is more.

Licensing

The safety and security of players’ data are guaranteed by a valid license from Antillephone N.V. This is a credible license issued under the government of Curaçao. Under this license, casinos have to take player and fund protection seriously through encryption and credible payment methods.

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Game Variety

As a top crypto casino, 7Bit Casino features an expansive games catalog that is sure to impress newbies and seasoned players as well. Online slots take up a huge chunk of the catalog featuring jackpot slots, new slots, and various curated collections. Other games include table games and live dealer games from top game providers in the industry.

Bonus offers and promotions

On this casino, new players kick-start gaming with match-up deposits of up to 5 BTC + 100 free spins. The offers are dished out in four deposits with the first and last deposit offers matching up to 100% and the rest up to 50%. Other offers include cash backs, reload bonuses and free spins.

Payment methods

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Impressively, 7Bit Casino allows payment in 10 crypto coins. These include Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dogecoin, Binance Coin, Cardano, Ripple, Tron, and Tether. For fiat currencies, there are several mainstream methods available such as credit cards, bank transfers, and e-wallets.

Customer support

Punters can contact the support team through their email address [email protected] or their FAQ page. There is also enough information on crypto gambling on the site through links such as “About BTC”.

Stake.com

As one of the first crypto casinos to be established, Stake.com has steadily maintained a lead in offering a great crypto betting experience. The casino allows the use of more than 15 cryptocurrencies. Here is more on Stake Casino;

Licensing

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Stake Casino holds a license from Antillephone N.V. that is issued by the Curaçao Government. The casino has very strict responsible gambling and data privacy policies that are aimed to protect players. Moreover, the casino has a stellar reputation that it has maintained over the years.

Game Variety

The games lobby features online slots, table games, game shows, and live dealer games from top providers in the industry. Players can easily browse through the list using different categories, game providers, and an on-site search bar.

Bonus offers and promotions

Unfortunately, the casino has no welcome bonus for new players to claim. However, the site has several ongoing promotions such as reload bonuses and free spins that are offered occasionally.

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Payment methods

As mentioned the casino allows payment through 15 cryptocurrencies. Punters can easily purchase crypto coins through a link to MoonPay Exchange. Alternatively, there is an option to use fiat currencies such as the USD. Several payment options are available.

Customer support

Live support, an email address, and an FAQ page are some customer support channels available. The agents are reliable and offer professional help in case of any hitches.

How do crypto casinos work?

Crypto casinos are similar to regular casinos and only differ in the fact that they allow payment in cryptocurrencies. Much like regular casinos, punters have to register with their preferred crypto casino by filling in their personal details. After successful registration, payment is made through cryptocurrencies.

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This is done by transferring your cryptocurrencies from your cold storage wallet to your casino account. Casinos generate a blockchain address that is unique to your account. This is what you will use to transfer the funds. With a successful deposit, punters can then proceed to wager on their favorite casino games.

For withdrawals, players have to copy their cold storage wallet’s blockchain address and use it to transfer winning from the casino. Alternatively, some casinos provide direct links to crypto exchange platforms where players can buy cryptocurrencies using fiat currencies. These are then stored in an in-house wallet.

It is important to note that different casinos offer payment in different cryptocurrencies. While some are limited, others feature more options that include stable coins and altocoins.

Crypto gambling in the USA

Crypto gambling is illegal in the United States. Most states have laws that prohibit players from placing their wagers using this form of currency. However, cryptocurrencies are not illegal. In fact the US hosts some of the largest exchange platforms in the world. Nonetheless, casino gambling over the internet is only allowed in a handful of states. That is set to change soon as more states continue to draft bills that will allow online casino gambling.

Why crypto casinos are better than normal online casinos?

There are various reasons why crypto casinos have taken the market by storm. Unlike normal casinos, crypto casinos offer players a chance to remain anonymous. Crypto platforms rely on decentralized systems hence identity is not a concern. In addition, blockchain technology ensures the safety and security of these platforms.

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While cryptocurrencies are prone to changes in prices and market fluctuations, these may work to the advantage of players when prices skyrocket. An increase in prices often offers players a chance to invest and earn more. This is done by selling cryptocurrencies on exchange platforms.

Lastly, cryptocurrencies offer quick transactions that have lowered fees. In most cases, players will have their funds deposited within minutes and the transaction fees limited to a certain percentage. In addition, players have access to a myriad of offers and promotions that are exclusive to crypt players only.

The future of crypto gambling

Much like cryptocurrencies, crypto gambling is expected to grow tremendously in the US. As more states continue to allow gambling, the question of crypto gambling will certainly change. Cryptocurrencies are being embraced by different countries, governments, and their citizens.

In the future more and more casinos will continue to include them in the payment options and offer players a chance to gamble using crypto currencies. However, there is still a lot of regulatory frameworks that need to be laid out. Regulators need to protect players as cryptocurrencies rely on a decentralized framework.

In the US particularly, different states will need to draft bills that will protect players based on the crypto coins they are using. However, the future is bright for crypto enthusiasts as crypto owners are destined to reap huge profits from the coins they currently own.

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Crypto casino bonuses can be a great way to boost your bankroll and give yourself a better chance.

However, it’s important to use them wisely and not get caught up in chasing losses.

Here are some tips on how to use crypto casino bonuses to your advantage:

1. Look for bonuses with low wagering requirements.
2. Set a budget and stick to it.
3. Play games with a high RTP.

What types of bonus offers are available from crypto casinos?

There are a few different types of bonus offers that you might come across at a crypto casino.

The most common is the welcome bonus, which is usually given as a percentage of your first deposit. For example, you might get a 100% match bonus up to 1 BTC.

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Another common type of bonus is the reload bonus, which is similar to the welcome bonus but is given on subsequent deposits. For example, you might get a 50% match bonus up to 0.5 BTC on your second deposit.

You might also come across bonuses that are specific to certain games, such as crypto casino free spins on slots or bonuses for playing live dealer games.

Bonuses are usually given as part of a promotion or loyalty program.

How to spot a good crypto casino bonus

There are a few things to look for when trying to spot a good crypto casino bonus.

First, make sure that the bonus is available in your country of residence. Some bonuses may only be available to residents of certain countries.

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Next, check the wagering requirements and playthrough rates. These will vary from casino to casino, but you want to make sure that the bonus is worth your while.

Finally, take a look at the terms and conditions of the bonus. This is where you’ll find all the fine print, and it’s important to read through it carefully before claiming any bonus.

Are there any downsides to taking advantage of crypto casino bonuses?

There can be a few downsides to taking advantage of crypto casino bonuses.

First, some casinos may require you to wager a certain amount before you can withdraw your winnings.

Second, some casinos may put limits on how much you can withdraw from your account each day or week.

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Finally, some casinos may only offer bonuses in certain cryptocurrencies, such as Bitcoin or Ethereum.

To sum up, use crypto casino bonuses to give you an edge, but be sure to read the fine print first.

The online casino industry has snowballed against all odds. It’s no longer a secret that the industry is fast-growing, with experts foreseeing a $94.4 billion worth by 2024. The industry has successfully grown since its first gambling software appeared on the scene decades ago. Today, several innovations have sustained its spread across the globe.

The Know Your Customer (KYC) procedure is a common trend across traditional fiat money gambling sites. Moreover, some crypto casinos apply such safety procedures despite claims of anonymity. The internet is a wonder. You’ll get to see the good, bad, and terrible side of it. Is KYC needed? What are the downsides to this process? Perhaps it’s a process to keep gamblers safe? This review explains everything regarding the crypto casino KYC process to help you always select the best crypto casinos.

Know Your Customer Verification: What is it?

The Know Your Customer (KYC) Verification is a procedure adopted by gambling sites to eliminate financial crimes. The process is also called Enhanced Due Diligence and is mandatory for online casinos. Essentially, the procedure aims to verify players’ identities and establish a connection between the information provided during registration and the legal government documents of the player.

Specific documents such as government-issued ID, bank statements, credit/debit card information, and proof of address are required for a KYC procedure. This process can be done immediately after registering, but it is required before a player can initiate a withdrawal. What’s more, best crypto casinos like those found on cryptocasinos.net carry out the process once. Therefore, gambling sites do not require a KYC now and then. The only exception is when there is a change in the player’s payment choice.

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Why is KYC Verification Phase Necessary?

KYC verification is a means to create a safe and responsible gambling space. For instance, it prevents underage individuals from exploring bitcoin casinos. And problem gamblers won’t be able to open multiple accounts. Here are more spectacular reasons why some crypto casinos subscribe to this process:

• Preventing Fraudulent Practices

The information required for a KYC process contains sufficient details about the player and his means of income. This information can be leveraged by relevant authorities if there are possible scam complaints in the future.

• Anti-Money Laundering (AML)

One of the primary reasons for the KYC checks is the potential threat of money laundering. BTC casinos are under scrutiny by regulators to curb such excesses within the industry. In a bid to clean dirty money, money launderers use online gambling sites for such activities. The KYC checkmates the source of income of the potential player and ensures it is not illegal or unknown.

• Proving Source of Income

With a complete KYC check, the origin of funds would be ascertained. The Proof of Sources of Funds is another document required during such procedures on the best crypto casinos, covering withdrawals and deposits of the potential player. Btc casinos can ensure your online safety, fight fraud, and they can avoid being labelled or linked to financial crimes.

• Avoiding Funnels for Nefarious Activities Such as Terrorist or Crime-Based Cartels

Data collected during the KYC checks can be helpful when tracking activities connected with nefarious activities such as crime-based operations or terrorism. The financial organization can be corporate with state security to track, identify and cancel such operations.

• Self-Exclusion Tracking

Know Your Customer is ideal for problem gamblers. The best bitcoin casinos can easily protect vulnerable players using the information provided. If a player opts for self-exclusion, the relevant organization can stop them from opening another account with another operator, thereby restricting their access till the self-exclusion is over.

What Documents are Required for KYC?

The KYC verification process requires certain unique documents. These documents would be uploaded to the crypto casino site to prove your identity, source of income, and location. The process takes between a few minutes to a full working day. Here are some of the documents needed:

Photo ID

Bitcoin casinos require players to upload a photo ID. You can scan or take photos of the document using a smartphone device. This photo ID proves your identity. A government-issued ID – a driver’s license, national identity document, or passport, is requested for this phase. Best crypto casinos may request additional documents like your birth certificate.

Proof of Address

During registration, players fill in their addresses. The document upload would have the address you provided to prove you live there. The proof of address helps the crypto casino understand the jurisdiction and what gambling laws and regulations are administered in your location. Utility bills (gas, water, electricity) or a bank statement having your full address are unique documents that can be used for proof of address. What’s more, these documents must be within the last three months.

Proof of Funds

The best crypto casinos require proof of funds. This is to verify your means of income and to ensure that the bank account or e-wallet provided is yours. When a player cannot provide such documents, the means of income is questionable, and such an individual could be involved in a financial crime. Documents needed for the proof of funds are a picture of your e-wallet or credit/debit card front page, job payslip, bank statement, etc.

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Crypto Casinos? Do They Require KYC?

The KYC verification phase can sometimes be skipped. It depends on the preferred crypto casino operator and its operations’ rules. Most licensing authorities demand the verification of each user. If you love your anonymity, you can opt to get BTC casinos that bypass this phase.

However, demanding verification is a means the bitcoin casino uses to protect its players. Most gamblers see this as a sign of reliability, responsibility and security and would not hit the sign-up button if this phase is skipped. Moreover, it shows that a preferred bitcoin casino would comply with financial legislation.

KYC vs. No KYC Crypto Casinos: Pros and Cons

Regardless of your preference, KYC and no KYC crypto casino have upsides and downsides. Here, we highlight some basic pros and cons of each gambling brand.

Pros of KYC casinos:

• Proves credibility and reliability of the crypto casino.
• Once done, allows withdrawals/deposits using the same payment method
• Prevention of fraudulent activities, international crime & money laundering
• Increased protection for problem gamblers

Cons of KYC casinos:

• A fresh KYC check is needed when a new payment option is added
• Delays in withdrawals

Pros of No KYC Casinos:

• Absolute anonymity
• No delays in withdrawing winnings
• Players can use any payment option of their choosing
• Freedom to access gambling products and services from restricted areas

Cons of No KYC casinos:

• Sign of potentially joining a scam operator
• Problem gamblers can skip self-exclusion

Let’s Sum It up

The KYC verification phase is an excellent means of curbing many fraudulent activities in the gambling space. However, it is a phase that can be skipped and would not undermine your security. Players love to explore and enjoy the best crypto casinos, still keeping their digital footprints away from prying eyes.

Regardless of what your preference is, it is mandatory to gamble responsibly. Do due diligence on the casino operator you are interested in becoming a part of. Ensure they tick every box of making a good operator. Best of Luck!

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