Cryptocurrencies make online payments much more accessible and enhance anonymity. Unfortunately, cryptocurrency casinos aren’t accepted in Pennsylvania and New Jersey casinos. You will not find a licensed site that accepts cryptos in these states.
There are trustworthy crypto casinos in other jurisdictions where you can get your gaming fix. However, we’ve got all the info you need below.
Defining Cryptocurrencies
Cryptocurrencies are decentralized digital currencies built on cryptography systems that can be used to make online payments. Cryptocurrencies allow end-to-end user connection cutting out the middle man.
Importantly, cryptocurrencies also have several measures to ensure that transactions are secure, such as hashing functions, public-private keys, and curve encryption.
In the current market, you can find thousands of crypto coins ranging from the well-known to the unheard of. Some popular crypto coins include:
Bitcoin (BTC)
Bitcoin is the pioneer cryptocurrency and arguably the most famous coin in use. Thanks to widespread acceptability, Bitcoin achieved the highest valuations ever seen at the height of crypto. In the online gambling industry, Bitcoin is so popular that there are exclusive Bitcoin games on major sites.
Unfortunately, there are no crypto casinos in NJ and PA, which is disappointing for many players. Nonetheless, if you look at operators elsewhere, you’re guaranteed to find a crypto casino where you can play your favorite games with Bitcoin.
Ethereum (ETH)
This coin stands out as it’s built on a smart contracts platform. This makes it convenient for developers as they can build many applications on the platform. Its improved blockchain technology also makes it user-friendly even for beginners.
Ethereum has also been an inspiration to many upcoming meme coins and Metaverse projects, boosting its value. Owing to its ever-growing adaptability Ethereum is the go-to altcoin for most crypto casinos.
Cardano (ADA)
Cardano is a third generation that seeks to ensure quality and adaptable crypto transactions with improved smart contracts. Due to this, it has been adopted in the best crypto casinos. Operators are
always looking for ways to improve transaction efficiency, and Cardano seems to have the right answers.
Litecoin (LTC)
Founded in 2011, Litecoin is a first-generation altcoin that runs on a similar platform to Bitcoin. It was initially developed as an alternative to Bitcoin, and it does precisely that. Many crypto casino operators offer Litecoin as an option alongside Bitcoin and others.
The best thing about Litecoin is that it’s also easy to use, making it an excellent choice for operators and players.
Tether (USDT)
This is touted to be the safest coin to use in the market as it’s relatively stable. Fiat currencies from major economies such as the European Union and the USA back Tether (USDT). This ensures that its value grows steadily.
Rarely will Tether’s valuation shoot up rapidly or take a nosedive. This boosts players’ confidence in the coin, making it a top option in the best crypto casinos.
Dogecoin (DOGE)
Created in 2013, Dogecoin rose to prominence as a meme crypto. Since then, it has caught on in making digital payments, and many crypto casino operators accept it. Its wild popularity makes Dogecoin convenient as there’s no shortage of exchanges willing to buy or sell it.
Polkadot (DOT)
This is among the fastest-growing third-generation altcoins in the market today. Polkadot’s platform is quite efficient and has greatly improved interoperable functionality with other blockchain systems. As a result, it’s easy to create parallel chains for specific applications on Polkadot.
Its high adaptability has boosted its demand, so there are enough coins in circulation. You can easily find an exchange to trade Polkadot for cash or other cryptocurrencies.
XRP
XRP is a crypto coin built to make digital payments as efficient as possible. This coin has an excellent open-source blockchain system that can complete complex transactions within seconds. When using the native XRP ledger, you don’t need a central intermediary to transact between two coins.
Owing to its versatility, crypto casinos happily include it in the list of accepted payment methods. You can enjoy fast and reliable transactions when playing on those sites.
Stellar (LXM)
Launched in 2014, Stellar is popular among crypto players due to its low price. Players can enjoy creating and sending digital representations of various forms of money on the LXM platform using this coin. For instance, you can send a digital representation of US Dollars on its network.
As an altcoin in the best crypto casinos, Stellar makes cross border transactions affordable. Another feature of Stellar is that you can use it to make micropayments directly.
Tron (TRX)
Tron is a smart contract cryptocurrency built for the entertainment industry. In 2018, Tron acquired the sharing platform BitTorrent in line with its focus on content sharing within its network. Besides being a utility coin, TRX can complete up to 2,000 transactions in a second.
This coin is popular among players looking for an alternative to Ethereum and is available in major exchanges in the USA.
Binance Coin
Binance coin doesn’t feature among the top 10 coins in crypto casinos, but it’s growing among players and operators. Binance is utility crypto with among the highest trading volumes globally. What’s more popular is the Binance network that allows users to buy and trade other cryptocurrencies.
What is considered to be a crypto casino?
A crypto casino is an online gambling site where you play with cryptocurrencies. These sites have regular casino games and functions, including support, promotions, and tournaments. The only difference is that you send money from your crypto wallets directly or use exchange services.
They accept most of the following coins:
- Bitcoin
- XRP
- Cardano
- Ethereum
- Tron
- Binance Coin
- Tether (USDT)
- Stellar
- Dogecoin
- Polkadot
- Litecoin
On some sites, you will find more cryptos.
Features Of A Great Crypto Casino
There are no legal NJ/PA crypto casinos, but if you look elsewhere, consider the following:
Crypto variety
The best crypto casinos accept a large variety of coins to accommodate all players. When looking for a site to play in, we recommend one with a vast range of accepted coins.
Fair wagering requirements
It’s not uncommon to find crypto casinos with outrageous wagering requirements that make it hard to chase the bonuses. The best sites will have fair wagering requirements that won’t require you to break the bank.
Low withdrawal fees
A mood killer when playing on crypto casinos is prohibitive transaction fees. They chip away your winnings, so looking for casinos with little or no fees is best.
Gambling license and safety
The Division of Gaming Enforcement in New Jersey and the Pennsylvania Gaming and Control board don’t allow online casinos to use cryptocurrencies as payment. Instead, players can only use e-wallets, bank transfers, credit/debit cards or collect cash at casino cages.
You can look for international licenses from bodies that license crypto casinos, such as the Malta Gambling Commission and the Curacao Gaming Commission.
Crypto Is Convenient
Playing with cryptocurrencies in online casinos is quite convenient. To begin with, you enjoy anonymous and secure transactions. Also, cryptocurrencies rarely have transaction fees as no third parties are involved. Crypto transactions are also swift, so you don’t interrupt your gaming.
Unfortunately, you can’t find NJ or PA crypto casinos as the states don’t recognize them as payment methods.