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The Most Popular Types of Cryptocurrencies Supported by Online Casinos – CoinCheckup Blog

Vladislav Sopov by Vladislav Sopov
January 21, 2022
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In an attempt to offer something new, some online casinos are pushing the boundaries of the industry trying to be as innovative as possible. This often results in new features, special bonuses and the addition of new easy-to-use online payment solutions. The latter plays a key role for some people when choosing an iGaming company, which is why many casino websites try to include as many options as possible.

Some people prefer the classic payment alternative because they know how to use them and what to expect. Yet others are willing to experiment with things, like cryptocurrencies. This is one of the reasons why various sites accept these online payment solutions.

People interested in these know that there are thousands of currencies. However, most betting platforms only offer a handful, so let’s review some of the popular alternatives. We will not include Bitcoin because this option is accessible on sites that do not only focus on these payment solutions.

Ethereum

Often called the money of cryptocurrencies, Ethereum is one of the hottest names for digital currencies. Finding a solid iGaming site where you can use this option is not easy. However, through Betenemy, you can check out some of the most popular crypto online casinos where BTC, ETH, and LTC are accepted and choose a brand that offers different privileges to cryptocurrency users. Most of these sites have established themselves in this sector, making them go-to options for many bettors.

Apart from being a popular option for iGaming enthusiasts, Ethereum plays a major role in all sorts of projects. This is one of the main reasons why its price may increase in the future.

XRP

People who have used online casinos that offer digital currencies have come across XRP. It was one of the most popular cryptocurrencies in iGaming a few years ago. Even though many online betting platforms allow their punters to transact with, XRP is not as big as it once was. Yet, with a market capitalization of nearly $37 billion, it is one of the largest cryptocurrencies in the world. This is why it continues to be the preferred option for some online bettors.

Polygon

One of the digital currencies that is becoming increasingly popular among traders and “investors” is Polygon. Even though this option might not have the market capitalization of things, like Ethereum or XRP, it has a lot of users around the world. Therefore, those who read Betenemy’s reviews of some of the best online crypto casinos will see that some companies offer this option.

Similar to other digital currencies, the value of Polygon changes daily. Therefore, you should verify its value before making a transaction.

TRON

While it is true that Tron is not as big as the other digital currencies on this list, it is one of the options available to online bettors. In addition to making payments, this option often provides access to different types of rewards. For example, some online casinos offer special deposit bonuses.

David is a crypto enthusiast and personal finance expert. He has created numerous publications for different platforms. He loves exploring new things, and that’s how he discovered blockchain in the first place.



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