It is very common to see new cryptocurrency casinos appear in the market on a daily basis. Every single day, new companies create crypto gambling platforms and launch them for users to start enjoying some of the best games available.
But should you start playing on recently launched cryptocurrency casinos? Is it better to wait until they become reputable? There are some advantages and disadvantages to playing on these gambling sites.
In this guide, we tell you all you should know about new crypto casinos and how they operate. Moreover, we will share with you some tips that you can follow in order to find the best new Bitcoin casinos online. Finally, we will share with you some of the pros and cons of using these types of sites.
🙋 Why should you choose a new Crypto casino to play?
There are different reasons related to why you should choose a new cryptocurrency casino to play. These reasons are usually very positive for new players that want to get access to early promotions and benefits. Let’s get into these details.
Special launch-related promotions
New casinos are not widely known and they require some efforts to start promoting their platform. This is why they usually run very attractive promotions and bonuses. They basically spend large amounts of money on marketing campaigns that are linked to promotions and bonuses.
This is very useful because they are able to attract users from different locations that would like to get access to some of the most unique promotions and bonuses. These special promotions include welcome bonuses that are usually not available on other platforms, no-wagering promotions, and other types of bonuses that do not have limits attached.
Despite the fact that these bonuses are actively promoted, they have very little availability. This is why you should be very fast catching these benefits. This does not mean, however, that you should not read the Terms & Conditions before creating an account and depositing funds.
Innovative approach
Another thing that you should take into consideration about new cryptocurrency online casinos is related to their innovative approach to gambling. Although most of them would look like copies of other online casinos, some of them would have a unique approach to casino games.
If you find a good new cryptocurrency casino, then you will be able to find a good and top-notch design that you would not see on many other platforms. The user interface would usually be better than other cryptocurrency casinos.
This increases the usability of the platform and makes it easier for players to find the games they want to play. Instead, if they play at traditional online casinos that support virtual currencies, they will find a boring and old user interface, which is not the best thing for users.
Lower competition in leaderboards and other promos
Finally, and one of the most important things to take into consideration: new cryptocurrency casinos have lower competition in leaderboards and other tournaments or promos. This is a very promising thing for those players that want to participate in different competitions.
As the casino has been recently released to the market, users can easily reach top positions in tournaments, games, and promos. This would let them earn better rewards if they are some of the best players.
Without having to bet larger amounts of money, users have higher chances of becoming some of the top players. This is because large players prefer to use already established casinos and platforms. Moreover, players would also not deposit large amounts of money on a recently-released crypto casino. If you are a person that loves tournaments and promos based on competition with other users, then new casinos could be a good way for you to earn rewards.
🥷 Risks of playing on new Crypto casinos
There are, of course, many risks related to playing on new cryptocurrency online casinos. There is a risk because you are sending money to a company that has been recently released and that might be a scam.
But there are other issues that could affect your time at one of these gambling platforms. Not all the issues are related to scams. Indeed, these new casinos could face technical issues (as they might be yet testing the platform), or not all game providers would be available for you to choose from.
After you balance the positive and negative things of using these new platforms, you should be able to make a decision on whether to start playing on them or not.
New casinos have no reviews or feedback
The main issue that affects new casinos is that there is no information available about them online. You might find some paid reviews, but it would be somehow difficult to find honest and reliable reviews about this platform a few days after it was released.
That means that you are also not able to find information about their reputation online. Sites such as Trustpilot might not be handy at this point in time, as there might be no comments or reviews at all. Take into consideration that sometimes, casinos would pay users to give some positive first reviews and impressions. Moreover, the few honest reviews that you could find might be misleading.
This is why you should search very well online to see what you can find about this new platform. You should check their Terms and Conditions, you should read Bitcointalk and other forums searching for opinions about this platform and you should make sure that you don’t make large money deposits before you get used to the new online casino.
Considering that casinos have online customer support, you can also ask all the questions you might have before making a deposit. This would let you understand and test the platform before you encounter any issues. The lack of reviews and feedback could be considered a negative thing about playing at new online Bitcoin casinos.
Some processes might not be perfect yet
Another thing that you should know is that online casinos will have bugs and errors on their website or applications. This is something you should be aware of. Although you might not necessarily find bugs or errors, you could be affected by them.
If a bug affects your normal playing activities, then you should report it to the support department. This is very important. Let’s say you were playing a slot game and the winnings were not being paid to you. In this case, you can write to customer support and let them know what happened, in which game or section of the site, and request additional information about when they could solve that issue.
Furthermore, bonuses and promotions could also have bugs. If you see that you are not getting closer to the next loyalty level or that the bonus you activated is not working, then you should immediately inform the customer support team. Most of the time, there will be restrictions to the bonuses and promotions, this is why you should always read the information the terms and conditions of the bonuses as well.
If you found a bug, the customer support agent should be able to give you a clear answer about what happened and how to solve it. Nonetheless, customer agents might not be yet ready to offer a high-quality answer (if the casino is relatively new).
Hence, you should know that if you start playing at a new online crypto casino, you could get affected by bugs and issues. This is a normal thing that should be solved as soon as the casino starts becoming more popular.
There might be a lack of game providers
Finally, another thing that you will find on new online casinos is that they do not have all the game providers that a long-standing cryptocurrency casino could offer to you. There are some reasons behind this issue.
The first reason could be related to the licensing. Well-established websites operate under the Curacao license. This allows them to easily partner with different software and game providers. Instead, a relatively new casino could not have yet a license, which means that it would be more complicated for this platform to sign partnerships with some of the most popular software providers in the market. You will see some cheap copies of recognized games that could have bugs or would not work as expected.
The second reason behind this situation could be related to the short period of time that the online casino had to sign new partnerships with other software and game providers. This is something that requires time. The longer the casino operates, the larger the number of games they would offer to users.
Well-established websites would have a greater variety of games with some of the most recognized game providers in the casino industry.
🪙 What coins can you use to play at new Crypto Casinos?
There are several cryptocurrencies that you can use to play at new crypto casinos. Despite that, as with all features at new casinos, you should know that you might find a smaller variety of coins at recently-released casinos.
Bitcoin (BTC) is the most common virtual currency. It is highly possible that you will find support for Bitcoin at most new cryptocurrency casinos. This is the largest digital asset in the world and it is widely accepted.
Ethereum (ETH) could be a Bitcoin alternative. Usually, after Bitcoin, Ethereum (ETH) should be the next addition. This is the second-largest virtual currency and it is also an alternative to Bitcoin’s high fees. It is worth pointing out that not always ETH transactions would be cheaper and faster than BTC transfers.
Litecoin (LTC) is one of the oldest virtual currencies in the market. This could be an alternative to Bitcoin and Ethereum as users would be able to send LTC for very low fees and in just some minutes. This network has never been congested and it could be a great way to avoid paying large fees.
Tether (USDT) is a stablecoin that could also be added to a new cryptocurrency gambling site. Although it might not be immediately added, it is a logical step for a crypto casino to add it. Tether offers the benefits of a cryptocurrency (fast, cheap and decentralized transactions) but without the volatility of digital assets (the price of Tether is linked to the U.S. dollar).
Finally, other digital assets could be added to new cryptocurrency casinos. We are talking about Monero (XMR), Ripple (XRP), Zcash (ZEC), Dogecoin (DOGE), Tron (TRX), and many others. Let’s not forget that there are over a thousand digital assets in the world.
✔️ How to pick the best new Crypto casino?
It is now time to pick the best new crypto casino to play at. After analyzing the positive and negative things of these casinos, let’s now focus on how to pick the best new cryptocurrency casino.
Check out game providers
Checking the game providers that a casino is working with would be very important. If you start playing at a crypto casino and you realize that the games that you want to play are not available, then you will have to wager your funds playing games you might not like.
Before deciding to open an account and depositing funds at a new cryptocurrency casino online, you should make sure that you check the game providers and the games available. This would let you be sure that you will be able to play the games you like the most.
As mentioned in the post, it might be somehow difficult to find new crypto casinos with all the most popular games in the market. This is because the casino might not have partnered with all software providers, hence they will have a smaller number of games available.
Be aware that some new casinos could say they are working with some casino-game companies but they would only be offering similar games to the ones offered by these software providers.
Check payment methods and withdrawal fees
Another thing that you should pay attention to is the payment method and the withdrawal fees. Considering there will be no comments or reviews about the casino, you should carefully check each of the payment methods available and the withdrawal fees.
Some casinos usually add hidden fees to crypto withdrawals. That means that the customer support agent will tell you that they do not have fees for withdrawals but you will find yourself paying a higher transaction fee when you withdraw your funds. This is something that you can check in the withdrawal section.
Additionally, you should check which payment methods are available on this platform. In some cases, crypto casinos would also offer traditional payment methods. If you don’t feel it to use digital assets, it is always a good thing to use credit or debit cards.
Furthermore, you should also verify whether transactions are being processed immediately or if they take some hours or days to be processed. It would be a good thing to use crypto casinos with instant withdrawals and deposits.
Find feedback from real users
As we discussed in previous sections of this post, you should search for real feedback from previous users. This is something difficult as the casino is relatively new and there might be no real or accurate feedback online.
As other crypto casinos see that there is a new competitor, they might write negative comments about it. Moreover, the casino itself could also write positive reviews online about the services they offer. Hence, it is something that you should carefully analyze.
One thing you can do is check the forums or on Reddit. These are great places to find accurate comments and reviews from real players. These comments will let you have a clear idea about how the casino works and whether the promises they make are real or not.
Finding information about withdrawals or payment delays is key, as you don’t want to make a deposit in a cryptocurrency casino platform that could freeze your funds or delay your withdrawal.
Check their bonuses and promotions
Playing recently-released casinos would let you enjoy unique welcome bonus benefits and promos. If you want to enjoy these bonuses and promos, you should make sure that you read their Terms and Conditions and participate in most of their tournaments.
Check their official website for limited-time bonuses and talk to the support team and ask them if they have special promos available. Don’t be shy! Sometimes, customer support agents can give you free spins and other types of bonuses that would definitely enhance your gambling experience.
Finally, you should also read their promos and welcome bonus sections. The casino will share all the information about active bonuses and upcoming promotions that you could enjoy. Tournaments and loyalty promos are also very important for users playing at newly-released Bitcoin casinos. If you follow these steps, you would likely have a very positive experience at new and innovative crypto casinos.