A crypto casino is an online gambling platform that allows players to wager using digital currencies such as Bitcoin, Ethereum, or Litecoin. These casinos offer a wide range of traditional casino games like slots, poker, roulette, and blackjack but with the added advantage of utilizing cryptocurrencies for transactions. By leveraging blockchain technology and smart contracts, these platforms ensure transparency and security for both players and operators.
Crypto casinos have gained popularity due to their decentralized nature which eliminates the need for intermediaries like banks or payment processors. This not only provides users with faster transaction times but also ensures anonymity while gambling online.