If you’re interested in online gambling with crypto, you’re certainly not alone. The use of digital assets for gambling has grown significantly over the last few years and is only getting bigger. This means that consumers have a world of variety when it comes to what tokens they can use to gamble.
While Bitcoin might be the most popular and valuable token in the world, it is far from the only one you can use for online casinos. From legacy stablecoins to newer tokens on the scene.
Here are the best non-Bitcoin cryptos you can use to gamble online:
1. Dogecoin:
(Source-Guffady)
It’s easy to dismiss Dogecoin as just another meme coin, but it is actually a solid crypto project. Its blocks are confirmed in about a minute, which is an even shorter time than Bitcoin. On top of this, it does not have a limited supply like Bitcoin cryptos. And, of course, we can’t forget about the community behind Dogecoin that has passionately kept it alive all of these years.
It comes as no surprise that Dogecoin has become a mainstay on crypto gambling sites and is recommended for the crypto user who wants community and a bit of humour.
2. Ripple:
If you are looking for speed, cheap transaction fees, and a token that works well on offshore casinos, Ripple’s native XRP token might be for you. XRP has cultivated a reputation for being the go-to token for cross-border transactions, and considering how many popular crypto casinos are located offshore, XRP would come in handy (source: https://insidebitcoins.com/bitcoin-casinos/best-offshore-casinos).
On top of this, XRP is known to be one of the faster Bitcoin cryptos on the market, moving large volumes in a short amount of time and with next to nothing in transaction fees being charged.
3. USDT
(Source-Binance-Academy)
Trading crypto also always means dealing with market volatility and some online casino users would rather keep this uncertainty out of their gambling experience. If you are one of them, a stablecoin would be your best bet for peace of mind. And when it comes to stablecoins, they don’t get much bigger than USDT.
Pegged 1:1 to the US Dollar, USDT is the most popular stablecoin in the world and while it has had its ups and downs, it remained steady in the market. So, if you’re thinking of gambling with a stablecoin whose value won’t change, you might want to opt for USDT.
4. Litecoin
While it doesn’t quite get the same amount of hype that Bitcoin cryptos does, Litecoin is a good crypto in its own right. It is known to process blocks up to four times faster than Bitcoin and can accommodate more tokens than Bitcoin. Ironically, Litecoin is based on the same blockchain as Bitcoin but operates on a much smaller scale.
While this means that it doesn’t sit atop the crypto hierarchy, it has a smaller, more intimate community and feel behind it. This, coupled with its speed, would make it a good choice for anyone who would rather not deal with the complexities of Bitcoin.
5. Ether
Second only to Bitcoin cryptos itself, Ether is a top token in the industry and a popular choice among gambling sites. One of its biggest strengths is the fact that you can send tokens cheaper by bidding with lower gas fees. Ether also recently switched to a proof-of-stake consensus, which makes it better for the environment.
And because its underlying blockchain is so widely used for a host of applications, the value of Ether has stayed healthy over the years. This means that it would likely be a profitable token, even for gambling.
6. Shiba Inu
(Source-Bankrate)
In the same category as Dogecoin, Shiba Inu is another meme token that has much more potential than you might imagine. Based on the Shiba Inu meme, the token is built on the Ethereum blockchain and can be used for the creation of decentralised applications (dApps). This use case means that it should have more longevity than your average meme token.
Dogecoin might have wet the public’s appetite for meme tokens, but Shiba Inu is carrying on the torch. It has quickly become accepted by several online casinos and would be a great way to diversify your gambling token stock.
7. Bitcoin Cash
Created from a fork of the original Bitcoin code, Bitcoin Cash has competed with its namesake token for years, often being listed on the same online casinos as it. And while it is not as successful as Bitcoin, Bitcoin Cash has several benefits for consumers.
First, its price is nowhere as volatile as Bitcoin’s, and it is known for its very fast transaction speeds. Bitcoin Cash is also a highly scalable token and this is good news for those who want to use it long term. All these have made it a go-to token for online gambling.
8. ADA
ADA is the native token of the Cardano ecosystem and is considered one of the ‘Ethereum Killers’ – tokens created to improve on the supposed flaws of Ethereum. These improvements are exactly why it is now a popular token on online gambling sites. It is notably faster at processing transactions than Ethereum and is a remarkably secure token.
ADA is usually within the top tokens by market cap and this means that those who gamble with it can expect to make a profit if there is a positive market movement. And while it is debated whether or not it is truly an Ethereum killer, it is a solid gambling token.
Conclusion
While Bitcoin cryptos certainly has its benefits when it comes to gambling online, it is far from your only option. The tokens on this list have become popular options for online gambling for a reason. Many of them offer fast speeds, high levels of security, the potential for profit, dedicated communities, and much more. If you’re thinking of signing up with an online casino, you might want to consider some of these tokens alongside or instead of Bitcoin to get maximum benefits from your investment.
