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Bonus on New Casinos
Just like we mentioned at the top of this page, the new cryptocurrency gambling market is filled with casino bonuses and generous offers. The crypto gambling scene is known for the big rewards it gives back to the players. You can expect to receive great bonuses on the regular, together with new exciting and unique loyalty programs.
Crypto bonuses and unique offers creates a way for new casinos to stand out on the market. It’s a way for new crypto casinos to attract new players. Considering new casinos are constantly popping up on the market, you can be sure to never run out of exciting offers to partake. New crypto casinos bring new exciting designs, a large supply of games (and unique house games!), attractive promotions and reliable customer support. Something that is becoming more popular amongst new crypto casinos is building an interactive, gaming themed adventure with tons of cool features for the players.
Best New Crypto Casinos
Regular players are always looking for the next best and trendy online casino to try out their luck on. Luckily, you won’t have to do much research in order to find the best new crypto casino on the web. That’s because we update this page regularly with all the new casinos coming to the market, and we give them a proper ranking too.
The reason why many players prefer playing on new crypto casinos is simple. New online casinos are much more focused on customer satisfaction in order to build a good reputation around their brand. Additionally, in order to attract new players, very generous offers and promotions are usually active on these sites. This makes a great combination for the player to really try out the casino in question, without having to make a huge deposit. We’ve listed all of the bonuses and special promotions available in our list above.
Another thing that is very common with the best new crypto casinos, and crypto casinos in general, is the very appreciated cashback function. You can expect to have a cashback bonus of 10-20% active while you’re gambling with cryptocurrencies. The percentage is usually derived from your losses, meaning you get back 10-20% of all your losses. It can also be derived from your total wager amount, depending on the casino. This is something that is heavily sought after on the regular gambling market, but can be hard to find. However, you won’t have to look for long until you find one on crypto casinos.
New CryptoCurrencies to play with
With the amazing growth of the global crypto market, more and more developers are getting attracted to the scene to help build the new web3. It also means a big increase in the number of projects and cryptocurrencies to choose from. However, you can not play with all of them yet, and it is up to each casino to decide which ones they want to accept. At first, there were almost only casinos that accepted Bitcoin and possibly Ethereum (ETH) or Litecoin (LTC). There are still several casinos that are exclusive to Bitcoin, but the majority of crypto casinos today accept several different types of cryptocurrencies from their customers. Below is a list of currencies that you can find good and reliable casinos for:
New innovative games in crypto casinos
One of the best things when it comes to crypto casinos is that they often create new creative and innovative games to go along with their house brand. These are homemade house games backed by provably fair algorithms. When a game is provably fair, you can prove the random decision generated. The algorithm itself is mathematical code that openly generates random decisions, deciding the course of the game. This means that even though the house itself made the game, you can prove its legitimacy and fairness.
After every game round, a unique hash is given to the player. This hash represents the game round and can be used to look up the process leading to the decision. You can then view the randomly generated decision in the code itself, and make sure that nothing fishy is going on.
How to get a wallet for all your cryptocurrencies
A cryptocurrency wallet is the place where you store your crypto after purchasing them through either an exchange or someone else. This is also where you will withdraw your potential winnings from the casino. A wallet enables you to store your coins completely securely in one place, which is why you should make sure only you have access to it. When you’ve chosen your wallet provider you will be given a seed phrase of a private key. You should write down your keys on a piece of paper, don’t store it digitally and don’t let anyone know what your private keys are. These are used for account recovery and ca be used to gain access to your wallet at any time.
There are multiple types of wallets you can choose from. The most safe and secure on is a hardware wallet. We can recommend a Trezor or Ledger hardware wallet. The thumb rule when purchasing a hardware wallet is to purchase it directly from the manufacturer, and not a middleman.
Another type of wallet is a desktop wallet. These are downloadable wallets which you store on your computer, giving you access to a wallet with tons of features such as staking your coins. Lastly there are web wallets, which you can interact with via your web browser. This is probably the easiest one to set up, but the other choices are better for security. Make sure to activate two factor authentication, as this ups your security majorly and can deter hackers from trying to enter your account.
New Crypto Casinos – Before making a deposit
Searching and finding new crypto casinos is not particularly hard, not when you have resources like us to take advantage of. We update our list and information on the regular, so you can be sure that there is no outdated information. The harder part comes when choosing between all of the different new crypto casinos, and which ones meet our standards. Let’s take a look at some of the things we consider before adding a new crypto casino to our page.
Legality and Safety
The most important thing when it comes to new crypto casinos is their legal status and how safe they are to use. To us, the biggest disgrace possible would be recommending a casino that is not safe to use. In order to prevent that, we make sure to anonymously test all of the sites thoroughly before adding them to the list. We make sure that the site has a valid gambling license, and we verify this with the license distributor. We never recommend our readers to play at a casino that does not have a proper gambling license, as it becomes very easy to get scammed and nowhere to find someone with responsibility. Additionally, without a gambling license there is no one that can control that the games being offered are actually fair (except provably fair concept).
We also make sure that every new crypto casino we list has valid security when it comes to the personal data of all their players. The industry standard is that all sensitive data is to be encrypted with at minimum SSL 128-bit encryption. The cashier is another thing we look heavily in to, and we love to see added security measures such as a two-step verification.
Bonuses and Promotions 2023
There is no hiding that a big part of players love taking advantage of bonuses and promotions. When it comes to new crypto casinos, this might be even more important. Bonuses and promotions are often used as a means to attract players to the casino in question. Therefore, new crypto casinos usually offer great welcome packages for their first batch of players. It’s worth noting that crypto casinos, especially new crypto casinos, have much better bonuses, promotions and rewards for their players than a traditional casino. This is one of the big reasons as to why so many players choose to play on a crypto casino.
What’s extra important here is that the crypto bonus terms and conditions are fair and that there are no hidden scummy rules attached. We here at HotCryptoCasinos have reviewed casinos for multiple years and thus, we have seen some, if not all, dirty tricks that a casino can pull with their bonuses. The most obvious one is a max cashout that’s ridiculously low, in some cases even lower than what you can deposit for the bonus itself. This is an outright scam, and we will not be afraid to call those operators out. Another big part of the bonus conditions is the wagering requirement. This represents how much you need to wager before requesting a deposit. Normal requirements are 30-45 times your deposit and bonus.
Accepted deposit- and withdrawal methods
Another essential factor we take into account is the accepted deposit- and withdrawal methods. It’s crucial that fast and effective payment methods are in place, and that you can withdraw your winnings easily from the casino. There should also be minimum fees, which shouldn’t be a problem when your playing in new crypto casinos.
We prefer to have a wide selection of different cryptocurrencies to both make deposits and withdrawals with. The big majority of crypto casinos accept the three main coins; Bitcoin, Ethereum and Litecoin. Outside of these, some of the common coins you’ll come accross in new crypto casinos are: Doge, Stablecoins (USDC,USDT,TUSD…), ADA (Cardano) and BCH (BitcoinCash). Read more about fast withdrawals at payandplaycasino.eu.
Advantages & Disadvantages to gambling with crypto
From our perspective there is no doubt that gambling with crypto is more attractive than with traditional fiat currencies. Let’s go over why we think that, and take a more detailed look into the different advantages and disadvantages to crypto gambling.
Let’s start by going over the numerous advantages to gambling with crypto.
Cryptocurrency is a global, trustless payment solution
Bitcoin, which was created back in 2008, had one main goal. To deliver a trustless, corruption and inflation resistant monetary system that would even the playing grounds for ordinary people. A payment solution without a third party overseeing and facilitating the payments.
Satoshi Nakamoto, who still remains anonymous, created Bitcoin and its network. In order to get bitcoin, one would have to mine it on their computer. Doing this provides computing power to the network. This created a fair launch, and anyone could get started all the way back in 2008. Every four years, the bitcoin emitted per block gets halved, but you can still mine it today. Mining is often referred to as the proof-of-work consensus.
Anonymity or Pseudo Anonymity
Bitcoin and most other cryptocurrencies are pseudonymous, meaning that your data is hidden behind an encrypted address. While every transaction is visible to everyone on the public ledger, there is very limited data to be extracted. Your wallet address simply consists of a bunch of random letters and numbers.
If you link your address to your real-world identity (ex. through centralized exchanges), one might be able to get your real world identity through what’s called chainalysis. There are some companies specializing in chainalysis, but it takes enormous resources. In the big majority of cases a real world identity can’t be extracted, except if a centralized exchange were to be subpoenaed or give out your purchases/withdrawals. This could reveal your wallet address in conjunction with KYC protocols. Everything that happens on the blockchain stays on the blockchain. This makes it way harder for criminal organizations to actually succeed in cleaning black market money, which the general public seems to think is an ease with bitcoin. A common misinterpretation by people not fully understanding the technology.
One of the best advantages to digital cryptocurrencies is the fact that they are in most cases decentralized. Decentralization means that there is no central entity that have mor power than the person next in line. In FIAT currencies, a centralized entity would be the governbent or bank. They have the power to print unlimited bills and corrupt it any way they see fit, which can’t be exposed if it comes from the source. Cryptocurrency solves this, and every user has the same power as any other user, including Satoshi Nakamoto. This is just one of the reasons why Bitcoin casinos has grown so popular.
We’ve now covered some of the large advantages to cryptocurrencies. With all good things comes a price, let’s go over the disadvantages to crypto gambling.
When you have performed an action on the blockchain, such as a transaction, there is nothing you or anyone else can do to undo this action. This means that if you’ve sent the wrong person money, or if you’ve been hacked, there is basically nothing to be done. While utilizing the blockchain, every person is responsible for themselves and their funds. You cannot do a chargeback like you can with a credit card. This is also the reason as to why playing at a trustworthy and reputable new crypto casino is so important.
Maybe the thing that cryptocurrencies are most known for throughout the world is ther volatility in price. While this can be a big advantage if the price increases, the same thing applies to prices going down. While cryptocurrencies have had a obvious uptrend since it’s creation, it is not uncommon to witness 80% drops in price. These dips usually don’t last long, and the majority of users are confident in the overall uptrend.
Step by step: Get started at a new crypto casino
It’s very easy to get started on a new crypto casino, for example an ETH Casino, despit what many think. Just take a look at these three easy steps to get you started.
Step 1 – Get some crypto!
The first thing you need to do is find an exchange or person where you can buy your coins from. There are both centralized and decentralized exchanges where you can purchase coins, as well as peer-to-peer systems.
Step 2 – Transfer to your private wallet
After you’ve acquired your crypto, you need to send it to your personal wallet. Simply send the coins to your wallet address.
Step 3: Find a site and make a deposit!
Once you’ve received the coins to your private wallet, all that is left to do is find a casino to make your deposit to. We’ve listed tons of the new crypto casinos on this site. These also have the best bonuses and welcome offers for new players. Click the link in the list, create an account (email and password only) and make your deposit! The casino will give you a wallet address to send funds to. This then automatically updates your balance on the site.
With that being said, you are now ready to get started! We wish you good luck and a geat, enjoyable gambling experience.