4.9
- Personalised bonus offer
- Provably Fair Games
- Low House Edge
4.6
- Live Casino
- Generous welcome bonus
- Large selection of games
- Hybrid casino
- Suitable for mobile
- Many promo campaigns
- Generous welcome bonus
- Popular games
- Easy site navigation
Bonus Code: DAPPJACK
4.9
- Personalised bonus offer
- Provably Fair Games
- Sportsbook with eSports
- Live Casino
- Great Welcome Offer
- Large selection of games
- Top Bonus
- Large selection of games
- Sportsbook
- Popular casino
- Sportsbook with eSports
- Some of the best odds
Ranked: Our Binance Coin Gambling Site Picks
- BC.Game – Best for Innovative Crypto Games
- Bitstarz – Best for Live Casino Games
- Punt – Best for Sports Betting
- 7bit – Best for Slot Games
- Fortune Jack – Best for a Wide Variety of Games
- Stake – Best for Dice Games
- mBit – Best for the VIP Program
- Sportsbet.io – Best for Sports Betting
- BitCasino – Best for Slots and Table Games
- Cloudbet – Best for Sports Betting
Binance Coin Casino Sites – Reviewed
Discover the key factors that set the best Binance Coin casinos apart by exploring our comprehensive reviews. Our reviews delve into the intricate details of these casinos’ features, game offerings, promotional deals, and other essential information that you need to know.
1. BC.Game – Best for Innovative Crypto Games
BC.Game is a popular online casino that was launched in 2017 and is licensed by Curacao. It boasts an extensive library of more than 6,000 slot titles, including jackpot slots, bonus buy slots, classic slots, and more. This means that players can enjoy a vast array of gaming options that are sure to meet their preferences and needs.
One of the unique features of BC.Game is its own token, called BCD. Players can use this token to participate in games, pay fees, or earn rewards. This token allows for a more seamless and streamlined experience for users of the platform.
For those interested in signing up for BC.Game, the casino offers a generous matched bonus on their first four deposits in BCD, ranging from 180% to 240% depending on the amount deposited. This means that new users can start with a significant amount of BCD, giving them more opportunities to win big.
It is available in several languages. A downside to the platform is its KYC policy, which requires personal details for verification as part of the withdrawal process.
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
180% to 240% matched bonus on their first four deposits | 500% wager | $30 | BTC, ETH, DOGE, XRP, ADA, DOT, TRX, BNB, AVAX, SOL, ATOM, NEAR, MATIC, CRO, FTM, RUNE |
- Pros
- Offers a wide range of gaming options
- Fair odds
- Quick payout
- Provides generous bonuses
- Cons
- May require KYC verification
- Limited fiat usage
- The bonus is in BDC (native website token)
2. Bitstarz – Best for Live Casino Games
Bitstarz is a popular online casino that has been operating since 2014. It boasts a vast collection of over 2800 games, ranging from classic slots to modern live dealer games. Players can enjoy various gaming options such as blackjack, poker, roulette, slots, and dice. The casino also features unique games such as crypto faucets and other crypto games.
One of the most attractive features of Bitstarz is its generous bonus system. First-time depositors are offered a 100% bonus and 180 free spins. Additionally, there are bonuses of 5%, 50%, and 25% for the following three deposits. These bonuses can be used in various games, providing players with ample opportunities to win big.
Bitstarz offers a high level of anonymity to players, allowing them to gamble without revealing their identity. However, for larger withdrawals, players must provide some documentation. The casino supports various languages, including Chinese, English, Japanese, Russian, and Portuguese, making it accessible to a wide range of players.
Bitstarz operates under a Curacao license, ensuring that the casino adheres to strict rules and regulations.
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
5% to 100% bonus on their first four deposits | 40x wager | $20 | BNB, BTC, ETH, BCH, LTC, DOGE, TRX, etc. |
- Pros
- Wide variety of games
- Excellent customer support
- Instant response on live chat
- Cons
- Limited language support
- Withdrawal process not anonymous
3. Punt – Best for Sports Betting
Punt is a relatively new online casino that was launched in 2021. Despite being a new player in the industry, Punt has already made a name for itself with its impressive collection of over 200 games.
In addition to its impressive game selection, Punt also offers attractive bonuses for new and existing players. New players are welcomed with a 150% deposit bonus up to $1500, plus 500 free spins on slots or keno for a deposit above $25. For VIP players, there’s a 100% deposit bonus available every day.
One of the advantages of playing at Punt is the level of anonymity that it offers. Players can enjoy their favorite games without having to disclose their personal information. This is a great feature for players who value their privacy.
Punt supports multiple languages, including English, French, German, and Japanese, making it accessible to players from different parts of the world. It is licensed and regulated by Curacao eGaming, ensuring a safe and fair gaming experience for all players.
Please note that you can only use BNB to deposit, as it is unavailable as a withdrawal option. Withdrawals can only be made with Bitcoin or Coindraw if it’s available.
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
150% welcome bonus | 40x wager | $10 | BNB, BTC, ETH, BCH, LTC, DOGE, TRX, etc. |
- Pros
- Great welcome bonus
- Good user interface
- Mobile compatibility
- Cons
- Live dealer games not available
- Payout takes long
- Not many games outside slots
- BNB only for deposits
4. 7bit – Best for Slot Games
7bit Casino is a popular online casino that was launched in 2014. The casino is licensed by Curacao and offers players from all over the world a chance to play their favorite casino games using Binance Coin. One of the standout features of 7bit Casino is the extensive game library, which boasts more than 6000 games from some of the top software providers in the industry. This means that players are sure to find a game that suits their taste, whether it’s classic slots, table games, or live dealer games.
Aside from the impressive game selection, 7bit Casino also offers players an attractive welcome bonus of up to 5 BTC, along with 100 free spins stretched over four deposits. The first deposit bonus is 100% up to 1.5 BTC + 100 free spins, while the second and third deposit bonuses are both 50% up to 1.25 BTC. The fourth deposit bonus is 100% up to 1 BTC. Additionally, players can enjoy other bonuses such as the Monday Reload, Daily Cashback, or Weekly Cashback Bonus.
For those who value their privacy, 7bit Casino offers anonymity, allowing players to enjoy their favorite games without revealing their identity. The casino also supports several languages, including English, Russian, French, German, Finnish, and Norwegian, making it accessible to players from different parts of the world. Overall, 7bit Casino is a great option for players looking for a reputable and feature-packed online casino that accepts Binance Coin.
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
Welcome bonus up to 5BTC | 40x wager | $10 | BTC, XRP, ADA, BNB, ETH, LTC, DOGE, etc. |
- Pros
- Wide range of game options
- Provably fair games
- Exclusive slot games
- Responsible gambling policy
- Cons
- Low maximum withdrawal
- Manual addition of bonus
5. Fortunejack – Best for a Wide Variety of Games
FortuneJack is a well-known online gambling platform that offers a range of gaming options, including sportsbook, dice, casino, and live casino. The platform has been around since 2014 and is licensed by the Curacao government. FortuneJack is known for its focus on providing complete privacy and anonymity to its users, making it a popular choice for those who prefer to keep their online activities private.
FortuneJack offers a generous welcome bonus of 110% on the first deposit, up to 1.5BTC, along with 250 free spins. To be eligible for the bonus, users must deposit at least 0.002 BTC. Additionally, there is a welcome bonus for sports betting accounts, offering a 100% bonus of up to 0.001 BTC.
The platform only supports two languages, English and Japanese, which may limit its appeal to non-English-speaking users. However, FortuneJack offers a provably fair system, ensuring that all games are fair and transparent
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
First deposit bonus up to 1.5 BTC | 40x within 14 days | $10 | BTC, TRON, DASH, BNB, ETH, LTC, DOGE, etc. |
- Pros
- Anonymous betting
- Good user experience
- Wide variety of games
- Cons
- No mobile apps
- Limited support options
6. Stake – Best for Dice Games
Stake is a popular crypto casino that was launched in 2017. This platform offers a wide variety of casino games, including slots, video slots, table games, video poker, blackjack, baccarat, and roulette. In addition to the vast selection of games, Stake also offers weekly giveaways with a prize pool of $100,000. These giveaways provide players with a chance to win big while enjoying their favorite casino games.
Another significant advantage of using Stake is its generous crypto casino bonuses that can reach up to $250,000. These bonuses are available to all users, and they can be used to play any of the games available on the platform. Additionally, Stake provides anonymity to its users, ensuring their privacy and safety while using the platform.
Stake is licensed by the Curacao Gaming Control Board, which ensures that all games are fair and transparent. The platform supports multiple languages, including English and 14 others, making it accessible to a broad range of users worldwide.
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
200% up to $1000 | 40x | $100 | BTC, BCH, TRON, XRP, BNB, ETH, LTC, DOGE, etc. |
- Pros
- Best dice games
- Wide range of cryptocurrencies
- High RTP (Return to Stake players)
- Cons
- Fiat usage limited
- Low betting odds
7. mBit – Best for the VIP Program
mBit is a popular online casino that has been providing high-quality gaming experiences to players worldwide since 2014. The casino offers a wide selection of over 200 different slots and casino games from some of the best software providers in the industry, including Betsoft, Endorphina, and NetEnt, to name a few.
For new players, mBit offers an attractive welcome bonus of 175% on the first deposit up to 5 BTC, as well as 300 free spins to use on selected games. Additionally, the casino offers a 25% slot bonus every Monday, giving players more chances to win big.
One of the standout features of mBit is its commitment to user anonymity, allowing players to enjoy the gaming experience without having to reveal their personal information. The casino is licensed and regulated by the government of Curacao, ensuring a safe and secure gaming experience.
However, mBit only offers support for two languages – English and German, which may be a drawback for some non-English or non-German-speaking players. Nevertheless, with its generous bonuses, mBit is a great choice for players looking for a reliable and enjoyable online casino experience.
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
First deposit bonus up to 5 BTC | 40x wager | Equivalent of 0.001 BTC | BTC, USDT, BCH, BNB, ETH, LTC, DOGE, etc. |
- Pros
- Provably fair games
- Fast payout
- Instant play gaming experience
- Cons
- Gaming restrictions in some countries
- No sports betting
8. Sportsbet.io – Best for Sports Betting
Sportsbet.io is a popular sportsbook for bettors who want to wager on their favorite sports games and events. The platform offers a wide range of sports to bet on, including soccer, basketball, tennis, and more. In addition to traditional sports betting, Sportsbet.io also offers esports betting, with events for gamers to wage on, such as Dota 2 and Counterstrike.
While Sportsbet.io does not offer a traditional welcome bonus, they do offer a free bet BTC bonus for users who place wagers on their favorite sports. To qualify for this bonus, users must place a bet with a minimum of 1.55 odds and a maximum of 999 odds. There are also several other promotions available on the site, including cashback offers and enhanced odds.
Sportsbet.io is also known for its anonymity, allowing users to bet without the need for personal information. The platform was launched in 2016 and is available in 10 languages. It is licensed in Curacao, ensuring a safe and secure betting experience for users.
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
Free bet BTC | 1.55 minimum odds and 999 maximum odds within 72 hours | Different for each crypto | BTC, BCH, EUR, CAD, BNB, ETH, LTC, DOGE, etc. |
- Pros
- Cash-out option
- User-friendly interface
- Superb sports betting markets
- Cons
- Limited bonuses
- Customer service is weak
9. BitCasino – Best for Slots and Table Games
BitCasino is a popular online casino and sportsbook platform that offers a wide range of betting options for players around the world. The platform, which was launched in 2014, is fully licensed and regulated by the Curacao Gaming Control Board, ensuring a safe and secure gaming experience for all users.
One of the most attractive features of BitCasino is its generous welcome bonus. New users are eligible for a 100% deposit bonus of up to 50,000 USDT, allowing them to double their initial investment and enjoy more time playing their favorite games.
However, it’s worth noting that BitCasino requires users to provide proof of age during the registration process, which means that the platform isn’t entirely anonymous. Nonetheless, this requirement is necessary to ensure the platform’s compliance with relevant regulations and protect the integrity of the gaming experience.
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
100% deposit bonus up to 50,000 USDT | 35x wager | 0.04 BNB | BTC, BCH, TRX, BNB, ETH, LTC, DOGE, etc. |
- Pros
- Fast payout
- Great security
- Good customer support
- Cons
- Low sports betting odds
- No welcome bonus
- No mobile app
10. Cloudbet – Best for Sports Betting
Cloudbet is a well-known online casino and sportsbook that was launched in 2013. With over 300,000 users worldwide, Cloudbet offers a wide range of casino games and sports betting options, making it a popular choice for both casual and professional players. The site offers live casino games, thousands of slots, esports, and provably fair virtual gaming options, giving players plenty of variety to choose from.
New players are eligible for a 100% sign-up bonus worth up to 5BTC. To claim this bonus, players must make a minimum deposit of 0.01 BTC.
Anonymity is an important feature for many online players, and Cloudbet offers this through its commitment to privacy and security. The site is very secure with SSL and two-factor authentication, ensuring that players’ personal and financial information is kept safe.
Cloudbet is available in several languages, including English, Spanish, Russian, and others. The site is licensed in Curacao, ensuring that it operates in compliance with all relevant laws and regulations.
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
100% matched bonus on first deposit | Each bonus with its wagering requirement | 0.001 BTC | SHIB, ETH, BTC, DOGE, LTC, +22 others |
- Pros
- Anonymous play
- Instant deposit and withdrawal
- Exotic betting (betting on entertainment and politics)
- Cons
- No cash-out option
- Country restrictions
- Customer support could be more responsive
What is Binance Coin?
Binance Coin is a cryptocurrency created by Binance, one of the largest cryptocurrency exchanges in the world. Binance launched the crypto in 2017 to provide its users with a utility token that could be used to access various features on its platform.
BNB uses its own blockchain, the Binance Chain, which was launched in 2019. The Binance Chain is a high-performance blockchain that supports the creation of tokens, the transfer of assets, and the development of decentralized applications (dApps). BNB is the native cryptocurrency of the Binance Chain, and it is used to pay transaction fees and to participate in the governance of the network.
Binance token aims to solve several issues in the cryptocurrency industry. One of the main problems is the lack of utility for most cryptocurrencies. Many cryptocurrencies have no practical use beyond speculation and trading. Binance’s token, on the other hand, has multiple use cases, such as paying for transaction fees on the Binance exchange, buying goods and services from merchants that accept the crypto, and participating in token sales on the Binance Launchpad.
Another issue that the crypto addresses is the lack of liquidity on some cryptocurrency exchanges. By providing a native token that can be used to pay transaction fees and other services on the Binance exchange, Binance ensures that there is a constant demand for the cryptocurrency, which in turn increases its liquidity.
The team behind the cryptocurrency is led by Changpeng Zhao, also known as CZ. CZ is a prominent figure in the cryptocurrency industry, and he has been involved in several successful blockchain projects. Before founding Binance, CZ worked as a software developer and as the head of development at Blockchain.info, one of the earliest Bitcoin wallet providers.
Since its launch, Binance has become one of the most popular cryptocurrency exchanges in the world, with a daily trading volume of over $10 billion. The success of Binance has been attributed to its user-friendly interface, its low trading fees, and its wide range of trading pairs.
BNB Coin Burning
BNB Coin Burning is a process where a portion of the coin supply is permanently destroyed or removed from circulation. This is done to maintain a deflationary aspect of the coin, as its supply is limited to 200 million tokens. The burning process occurs every quarter, where Binance takes 20% of its profits and uses them to buy back and burn the coins.
The coin-burning process also helps to increase the value of the coin by reducing the total supply of coins in circulation. Since the launch of the coin, Binance has conducted regular coin burns, with the most recent one occurring in October 2022.
Main Uses for Binance Coin
The coin has several use cases, making it a versatile cryptocurrency. The primary use of the coin is to pay for trading fees on the Binance Exchange. When you use the cryptocurrency to pay trading fees, you receive a discount of 25%. This feature incentivizes users to hold the coin, as it reduces their overall trading fees.
Another use case for the coin is to participate in Initial Exchange Offerings (IEOs) on Binance Launchpad. Binance Launchpad is a platform that helps blockchain projects raise funds by offering their tokens for sale to the public. Users can use the cryptocurrency to participate in these sales.
Additionally, the cryptocurrency can be used to pay for goods and services on various online merchants that accept the coin as a form of payment.
BNB Chain
BNB Chain is a blockchain network that Binance developed to support the growth of decentralized applications (dApps). Binance Chain is a high-performance blockchain with a focus on providing fast and low-cost transactions. Binance Chain is also compatible with the Ethereum Virtual Machine, which makes it easier for developers to port their dApps from Ethereum to Binance Chain.
The BNB coin is the native cryptocurrency of the Binance Chain, and it serves as the fuel for the network. Users can use the coin to pay transaction fees, and validators can earn the coin by verifying transactions on the network.
Binance Exchange (CEX)
Binance Exchange is a centralized cryptocurrency exchange that was founded in 2017 by Changpeng Zhao. Binance is one of the largest cryptocurrency exchanges in the world, with over 10 million registered users and an average daily trading volume of over $20 billion.
Binance Exchange offers a wide range of trading pairs, including fiat-to-crypto and crypto-to-crypto pairs. The exchange also offers advanced trading features, such as margin trading and futures trading. Additionally, Binance has a mobile app that allows users to trade on the go.
Binance DEX
Binance DEX is a decentralized cryptocurrency exchange built on the Binance Chain. Binance DEX operates differently from centralized exchanges, as it allows users to maintain control of their private keys and assets. This means that users have complete control over their funds and can trade directly from their wallets.
Binance DEX offers a wide range of trading pairs, and it also has a built-in wallet for storing Binance’s token and other cryptocurrencies.
Binance Smart Chain
Binance Smart Chain (BSC) is a high-performance blockchain that runs in parallel with the Binance Chain. It was created to cater to the needs of decentralized applications (dApps) and offer a faster and cheaper alternative to the Ethereum network. BSC operates on a Proof of Stake (PoS) consensus mechanism and utilizes the BEP-20 token standard. Developers can use the BSC network to create smart contracts and deploy dApps that leverage the power of the cryptocurrency.
The Binance Smart Chain also enables users to take advantage of various DeFi services such as yield farming, staking, and liquidity provision. This has led to a surge in the popularity of the cryptocurrency and the Binance Smart Chain ecosystem, as more users are looking for cost-effective and efficient ways to transact in the crypto space.
Where do I get BNB?
The cryptocurrency can be obtained from various sources, such as crypto exchanges, including Binance’s own centralized exchange (CEX), and decentralized exchange (DEX) platforms. Additionally, some online casinos also allow users to purchase the coin directly on their websites.
Users can buy the crypto from a CEX such as Binance by creating an account, completing the required identity verification, and depositing funds to purchase the coin. Alternatively, users can buy the coin on DEX platforms such as PancakeSwap, which allows users to trade cryptocurrencies without the need for a centralized intermediary.
Some online casinos also provide users with the option to buy the cryptocurrency directly on their websites. This option is usually available on the deposit page of the online casino.
How to Deposit BNB at an Online Casino
Once a user has obtained the coin, depositing the cryptocurrency at an online casino is a straightforward process. Users can follow these simple steps to deposit the coin at an online casino:
Step 1: Sign in to the online casino account and go to the cashier section.
Step 2: Select the crypto as the deposit option.
Step 3: Enter the amount of the crypto that you wish to deposit and click on “Deposit.”
Step 4: The online casino will provide the user with a unique deposit address for the coin. Send the required amount of the cryptocurrency to this address from your Binance wallet or another BNB wallet.
Step 5: Wait for the transaction to be confirmed on the blockchain. Once confirmed, the funds will be credited to your online casino account.
How to Withdraw BNB Winnings
Withdrawing BNB winnings from an online casino is also a simple process. Users can follow these steps to withdraw the cryptocurrency from an online casino:
Step 1: Sign in to your online casino account and go to the cashier section.
Step 2: Select the token as the withdrawal option.
Step 3: Enter the amount of the crypto that you wish to withdraw.
Step 4: Enter your Binance or other BNB wallet address where you want to receive the funds.
Step 5: Confirm the withdrawal request.
Step 6: Wait for the online casino to process the withdrawal request, which can take up to 24 hours. Once the withdrawal is processed, the funds will be sent to your Binance or other BNB wallet.
What are the Gaming Options?
When it comes to gaming options, BNB Casinos offer a wide range of options to choose from. Whether you prefer classic casino games or the latest crypto games, you can find them all on these platforms. Here are some popular gaming options you can find on Binance Coin Casinos:
Blackjack
Blackjack is one of the most popular casino games and it is available on Binance Coin Casinos. The game is easy to play and requires some basic skills. The objective of the game is to have a hand value of 21 or as close to 21 as possible without exceeding it. You can find different variations of the game such as classic, double exposure, and more.
Poker
Poker is another popular casino game that requires a combination of skill and luck. BNB Casinos offer different types of poker games such as Texas Hold’em, Omaha, and more. You can also participate in poker tournaments where you can compete against other players for big prizes.
Slots
Slots are the most popular type of casino game and they are available in different themes and variations on Binance Coin Casinos. These games are easy to play and require no skill or strategy. You simply need to spin the reels and hope to land on a winning combination.
Roulette
Roulette is a classic casino game that is popular among players. The game involves betting on where the ball will land on the spinning wheel. You can find different variations of the game such as European, American, and more.
Dice
Dice games are also popular on Binance Coin Casinos. These games involve betting on the outcome of a roll of the dice. Some popular dice games include Sic Bo, Craps, and more.
Crypto Faucet & Other Crypto Games
Apart from the traditional casino games, Binance Coin Casinos also offer a range of crypto games that are unique to these platforms. Some of these games include crypto faucets where you can earn free coins, as well as other games such as Minesweeper, Plinko, and more.
BNB Casino Bonuses
Crypto casinos that accept the crypto often offer bonuses and promotions specifically tailored to users who deposit and play with this cryptocurrency. These bonuses are designed to attract new players, retain existing ones, and provide extra value to those who choose to use the coin.
Welcome Bonus
One of the most common types of BNB casino bonuses is the welcome bonus. This type of bonus is usually awarded to new players who sign up and make their first deposit. Welcome bonuses can come in many different forms, such as bonus cash or free spins, but the most common type for BNB casinos is a deposit match bonus. This means that the casino will match a percentage of the player’s first deposit, up to a certain amount.
VIP Program
These programs are designed to reward loyal players with exclusive perks, such as higher deposit and withdrawal limits, personalized customer support, and access to special promotions and events. VIP programs may have different tiers, with more rewards available to players who reach higher levels.
Deposit Bonuses
These are similar to welcome bonuses, but they are available to existing players who make additional deposits. Deposit bonuses may be awarded as a percentage match or a fixed amount, and they may have different requirements or restrictions than welcome bonuses.
Free Bets for Crash Games
For those who enjoy playing crash games, some BNB casinos may offer free bets as a bonus. Crash games are a type of cryptocurrency game where players bet on when a graph will crash, and those who bet correctly can win big payouts. Free bets are a great way for players to try out these games without risking their own funds.
Cashback Rewards
Finally, these casinos may offer cashback rewards to players who have a losing streak. Cashback rewards can provide players with a percentage of their losses back as bonus funds, allowing them to continue playing and potentially win back their losses.
Pros & Cons of Binance Coin Casinos
The cryptocurrency has gained popularity among online casino players due to its various advantages over traditional fiat currencies. Here are some of the benefits of using the cryptocurrency in online casinos:
- Faster transaction times and lower fees: One of the biggest advantages of using the crypto in online casinos is faster transaction times and lower fees compared to traditional fiat currencies. Transactions are processed within seconds, and the fees are much lower than what you would pay when using other cryptocurrencies or fiat currencies.
- The decline of fiat value: With the increasing inflation rate and decreasing value of fiat currencies, using the crypto as a payment method at online casinos can protect your winnings from the devaluation of traditional currencies.
- Higher privacy: Transactions are completely anonymous, which ensures higher privacy and security for players. The use of the coin eliminates the need for players to share their personal information and banking details with online casinos, providing added security against potential cyber threats.
- Innovation in gambling: The cryptocurrency has opened up new possibilities in the online gambling industry, offering innovative and exciting ways for players to engage with online casinos. Binance Coin casinos can offer unique games and features that may not be available with traditional fiat currencies.
- Fewer geolocation restrictions: Most casinos that support Binance token can be accessed from anywhere in the world, without any geographical restrictions or limitations. Players can play their favorite casino games from anywhere in the world, without any restrictions or limitations.
- Instant payouts and higher withdrawal limits: Binance Coin casinos offer faster and higher withdrawal limits, providing players with the ability to receive their winnings instantly and without any delays.
- Receive discounts on Binance Exchange tradesThe crypto can be used to trade on the Binance Exchange, which offers discounted trading fees to users who pay with the crypto.
However, there are also some disadvantages to using the crypto in online casinos, including:
- Value fluctuations: The cryptocurrency is subject to price fluctuations, which can result in significant losses for players if the value of the crypto drops.
- BNB adoption is not as widespread as other altcoins: While the coin is gaining popularity, it is not yet as widely accepted as other cryptocurrencies like Bitcoin or Ethereum.
- Regulation: The regulatory environment surrounding cryptocurrencies is still developing, and there is a risk that governments may introduce regulations that could impact the use of the crypto in online casinos.
- Risk of loss: As with any investment, there is always a risk of loss when using the crypto in online casinos. Players should exercise caution and only invest what they can afford to lose.
Things to Consider when Choosing a Binance Coin Casino
When it comes to choosing a casino, there are several factors to consider. Here are some important things to keep in mind:
Game Offerings
One of the most important things to consider when choosing a casino that supports Binance token is the game offerings. You’ll want to make sure that the casino has a wide selection of games that you enjoy playing, including slots, table games, and live dealer games. Some casinos may specialize in certain types of games, such as sports betting or poker, so be sure to choose a casino that aligns with your interests.
Provably fair games
Provably fair games are games that use a cryptographic algorithm to ensure that the game results are fair and random. These types of games are typically found at crypto casinos, and they offer a higher level of transparency and security..
Casino Licence and Legitimacy
Another important consideration is the casino’s license and legitimacy. You should only play at a licensed casino to ensure that they are regulated and adhere to industry standards. A reputable casino will display its license on its website, and you can verify the license with the issuing authority.
House Edge
The house edge is the advantage that the casino has over the player. It’s important to choose a casino with a reasonable house edge to increase your chances of winning. Look for casinos with a house edge of 1% or lower.
Auto Bet and Auto Cashout
Auto bet and auto cashout features allow you to set automatic bets and cashouts based on certain criteria. These features can help you manage your bankroll more effectively, and they’re particularly useful for high-volume players.
Check Reviews
It is also important to check reviews from other players. Look for reviews on forums and social media, and pay attention to both positive and negative feedback. This can give you a better idea of what to expect from the casino.
End-to-end Encryption & Anonymity
Encryption and anonymity are important features for any crypto casino. Look for a casino that uses end-to-end encryption to protect your personal and financial information. Additionally, consider whether the casino offers anonymous play or requires KYC (Know Your Customer) verification.
What Kind of Bonuses are on Offer
Look for casinos that offer generous welcome bonuses, as well as ongoing promotions and rewards programs. However, be sure to read the terms and conditions carefully, as some bonuses may have high wagering requirements or other restrictions.
Payment Options Available
Look for a casino that accepts the Binance’s token as well as other cryptocurrencies or traditional payment methods if you prefer. Additionally, consider the transaction times and limits for deposits and withdrawals.
Is it a pure or hybrid crypto casino?
Pure crypto casinos only accept cryptocurrencies, while hybrid casinos accept both cryptocurrencies and traditional payment methods. Choose the type of casino that aligns with your preferences.
Transaction times & limits
Consider the transaction times and limits for deposits and withdrawals. Some casinos may have minimum and maximum deposit or withdrawal limits, as well as processing times that can vary based on the payment method.
Restricted Countries
It’s important to check whether the casino accepts players from your country. Some casinos have restrictions on certain countries due to regulatory or legal reasons. Before signing up for a casino, make sure that they accept players from your country and that you’re not violating any local laws or regulations.
Customer Service
Look for a casino that offers multiple customer service channels, such as live chat, email, or phone support. In addition, check the casino’s response times and availability to ensure that you can get the help you need when you need it. A good customer service team can make all the difference in your overall gaming experience.
Similar Cryptos
Cryptocurrencies are becoming increasingly popular, and many are now investing in them. The two most common types of cryptocurrencies are utility tokens and platform tokens. Binance Coin is a platform token that powers the Binance Smart Chain, and it has several similarities with other platform tokens such as Huobi Token and KuCoin Token.
Huobi Token (HT)
Huobi Token (HT) is the native cryptocurrency of Huobi, a leading global cryptocurrency exchange. HT is a utility token that has various uses on the Huobi exchange, such as trading fee discounts, access to exclusive events, and the ability to vote in certain decisions related to the exchange. HT was also created to incentivize users to use the platform and help it grow. Additionally, HT allows users to earn interest by staking their tokens.
KuCoin Shares (KCS)
Another similar cryptocurrency to Binance’s token is KuCoin Token (KCS), which is the native token of KuCoin, another major cryptocurrency exchange. KCS is a utility token that can be used on the KuCoin platform to pay for trading fees, get access to exclusive features, and receive discounts. Additionally, users can earn passive income by holding KCS tokens and receiving a percentage of the exchange’s trading fees.
While all three tokens have some similarities, there are also some differences. For example, BNB has the additional feature of being the main cryptocurrency used to purchase tokens on the Binance Launchpad, a platform for investing in new cryptocurrency projects. HT and KCS do not have this feature. Additionally, HT and KCS are primarily used for trading on their respective exchanges, while Binance token has a wider range of use cases, such as payment for goods and services, and as a mode of payment for transaction fees.
Conclusion
Binance’s token has come a long way since its launch in 2017. As a utility token for the Binance ecosystem, the coin has grown in popularity and has become an attractive asset for online casino players looking for fast, secure, and anonymous transactions. With its various use cases, such as fee reductions, staking, and token burning, the crypto is contributing to the wider blockchain industry and is becoming an integral part of the decentralized finance ecosystem.
At dappGambl, we believe that Binance Coin casinos are a great way to experience the benefits of blockchain technology in online gaming. They offer a wide selection of games, generous bonuses, and fast, secure transactions.
Overall, the cryptocurrency and its associated platforms have a lot of potential, and we encourage readers to explore the topic further. Some additional resources to consider include Binance’s official website, CoinMarketCap, and other reputable cryptocurrency and blockchain publications.
Are Binance Coin Casinos safe?
Yes, these casinos are safe as long as you choose a reputable and trustworthy platform.
Can you use Binance to gamble?
No, Binance is a cryptocurrency exchange platform.
Can you withdraw or convert Binance to cash?
Yes, you can withdraw Binance to cash by selling it on a cryptocurrency exchange that supports fiat currency withdrawals.
What are Binance Coin casinos, and how do they differ from traditional online casinos?
Binance Coin casinos are online casinos that accept the cryptocurrency as a payment method. They differ from traditional online casinos in that they offer the benefits of using the coin, such as faster transactions and lower fees.
How do I deposit and withdraw Binance Coin in an online casino?
To deposit the crypto in an online casino, you need to have a compatible wallet and transfer the desired amount to the casino’s wallet address. To withdraw, you need to request a withdrawal and provide your wallet address for the funds to be sent.
Are there any transaction fees associated with using Binance Coin in online casinos?
Yes, there may be transaction fees associated with using the crypto in some online casinos, but they are generally lower than fees associated with traditional payment methods.
What are the most popular Binance Coin casino games?
The most popular casino games in these casinos include slots, table games such as blackjack and roulette, and live dealer games.
Are Binance Coin casinos legal and regulated?
This depends on the jurisdiction and regulations in which the casino operates
Facts Checked by Josip Putarek, Senior Author