Top 5 coins for gambling20 MAR 2018
Bitcoin and altcoin casinos keep gaining popularity as number of people interested in crypto is constantly growing. There are already more than two thousand cryptocurrencies exist and new ones come to market daily. Therefore, if bitcoin casino wants to be successful and competitive it must follow trends and players' demands by offering altcoins as an option for making a deposit. That leads to the fact that more and more coins find their place in cryptocurrency gambling industry. But for today there are several currencies which are most popular and have already earned trust of the community.
Bitcoin (of course)
Being a father of all cryptocurrencies Bitcoin is also number one coin used by gamblers. Literally any long-standing crypto-casino accepts Bitcoin as deposit option. Even though bitcoin's network is back to normal after being overloaded in winter 2017/2018 and its transaction fees are insignificant, transactions may take some time. There is a big chance that implementation of Lightning Network will erase all the imperfections of Bitcoin, but with or without it most likely Bitcoin will stay top 1 coin for a long time both on the market and for gambling. The reasons are pretty obvious: it is the most widespread (hyped) coin and the other ones still depend on it.
Constantly resides on top 2 place of cryptocurrency market. Representing the technology of smart contract, on which most of blockchain projects are based, Ethereum has the same level of popularity among crypto-community as Bitcoin has. It was the second cryptocurrency which online casinos started adopting, so almost any bitcoin casino supports Ethereum. So, as for now, along with almost instant transactions and low fees, Ethereum's popularity makes it one of the best currencies for gambling.
One of the most popular and successful hard forks of Bitcoin positioning itself as a better version of Bitcoin. Even offering faster transactions, it didn't replace the original, but found its own followers, and more often placed in top 5 coins on cryptocurrency market. And what is more important for gamblers - most bitcoin casinos accept Bitcoin Cash as an altcoin to deposit.
The coin started as a joke representing popular internet meme "Doge", which didn't intend to be serious currency - but people loved and supported it. Even hanging around 50th position on market, somehow it became popular among gamblers, which crypto casinos noticed, so most of them allow you to deposit Dogecoin. It also has fast transactions and low fees, so why not?
Second Bitcoin fork in history, usually can be seen in top 5 of crypto-market. Technically more advanced than Bitcoin, Litecoin offers very fast transactions (2-3 minutes in average) and insignificantly low fees. One of the elders on crypto market and most of cryptocurrency casinos support Litecoin.
There are more coins which actively gaining popularity among online gambling community (such as Dash, Monero, ZCash etc), but in this article we provided the list of five most popular for today. Stay with us to not miss updates or any interesting stuff.