A crypto casino is an online gambling platform that accepts digital currencies as payment methods. Unlike traditional online casinos that primarily use fiat currencies like USD or EUR, crypto casinos allow players to wager using popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), or Litecoin (LTC). These platforms leverage blockchain technology to ensure transparency and security in transactions.
Crypto casinos offer various games including slots, poker, roulette, blackjack, and more. They often feature provably fair systems where players can verify the fairness of each game's outcome through cryptographic algorithms. Additionally, these platforms typically provide attractive bonuses and promotions for users who choose to gamble with cryptocurrencies.
Fun Fact: The first-ever cryptocurrency-based casino was launched in 2013 under the name "SatoshiDice." It allowed players to bet on dice rolls using Bitcoin and quickly gained popularity within the crypto community.