One of the features any player looks for when selecting a casino is the banking methods available to them. They want an option that is accessible in their country, easy to use, faster for withdrawals, and secure. These are all features you will find with almost each cryptocurrency option available on the market today.
Polish gamblers have all these options at their casinos of choice because many online sites these days allow players to fund their accounts in any of these forms. Other digital methods you will find at casinos in Poland include Neteller, Paysafecard, Skrill, and EcoPayz. You still find the usual credit and debit bank cards, and players can use bank transfers for larger sums of their deposits. Since cryptocurrency is cheaper than most traditional transfer methods, it has grown in popularity in the country, and now several sites list it as one of their preferred options.
The world is warming up to cryptocurrency for many reasons. In the beginning, Bitcoin was the only method used frequently since the masses trusted it more, but over time a few better options have come up. Currently, it is not a wonder to see the best online casino for Polish players accepting this payment option following a push by their users. As with many payment options at casinos, deposits at crypto casinos are free, but withdrawals have a small charge.
Here are some of the reasons why players prefer these sites.
- Cheaper than most international money transfer methods.
- Faster, seamless withdrawal procedures since it is not bogged down by bureaucracy like fiat money.
- Most of them, especially in Poland, are regulated, hence secure.
- Larger withdrawal limits.
- Some casinos give special bonuses for crypto deposits.
- Not too many casinos accept this option still.
Registration at a Crypto Casino
You will register your account as you would any other casino and then head to the cashier’s counter for account funding. You will select the cryptocurrency of your choice then make the payment you wish here. You will be asked to fill in the required credentials that will be verified right away so you can start playing as soon as you like. Deposits at these sites are effected immediately, but withdrawals take a while as the casino verifies your details. The virtual money will be deducted from a digital wallet so that you will not need any bank details. All the events are recorded in a public ledger – blockchain – that no one can interfere with, hence these casinos’ safety.
5 Top Cryptocurrencies Accepted at Poland Casinos
While there are several other cryptocurrencies, these are the best-known in Poland.
As the first known virtual currency, Bitcoin has trodden where other currencies are now, leading the way for the many that we expect in the future. It didn’t become popular until three to four years of its founding, and until now, some entities are yet to accept BTC as a payment mode. Those that have, including some of the biggest names in retail, have given casinos the confidence to accept this form of payment.
This native token to Ethereum is the second biggest cryptocurrency after BTC. Experts say it is even better because it was designed as a computing platform based on the blockchain. Since it can be used in several instances, Ether has grown so popular that you will find it at any casino that accepts BTC.
The dollar backs this currency, so its value is at a 1:1 ratio with the dollar. As a stablecoin, you can trust its value to remain intact all through, even when other cryptos are losing theirs due to the forces of the market. Tether is hosted by Ethereum and Bitcoin – among other – blockchains, and it is usually traded on the market with the others.
Charlie Lee created Litecoin to compete with BTC, and you can tell from their similarities that Satoshi Nakamoto inspired him. BTC transactions are processed in about 10 minutes, but with Litecoin, you are looking at under 3 minutes, which is why most casinos in Poland have it as one of their options.
This open-source crypto platform is one of the newest kids in the block since it came into the picture in 2014. Still, it has the same qualities as the other cryptocurrencies: secure, fast transactions, uses blockchain for transparent yet unalterable transactions, and you can operate it using your email.
Every player looks at the options available to them when selecting a casino. Bank cards have been popular for long because they are safe and known, but players have been increasingly looking to cryptocurrency for its security features, faster transactions, and ability to accommodate larger deposits and withdrawals. You may even get special bonuses if the casino is trying to push one of the cryptos, so it makes sense to take all the advantage while you can.