Wednesday, June 19, 2019

Cryptocurrency-Only Casino CryptoSlots Celebrates a Big 1st Year

It has been quite the first year for CryptoSlots, a site already in the top-tier of cryptocurrency exclusive casinos.

Blockchain technology has already gone a long way to help the online gaming community in terms of payment security, speed, and transparency. Perhaps most importantly to many players, it also allows for complete anonymity.

These tenets form the basis of CryptoSlots – launched last year by well-established casino provider Slotland Entertainment. Although the provider already backs two successful fiat casinos, they recognized that a cryptocurrency-only place to play would be readily welcomed by players eager to escape the restrictions of traditional payment methods.

The decentralized nature of cryptocurrencies gives the players more control over their funds. At CryptoSlots only an email address is required to sign up, a welcome change from the usual personal details demanded in order to register an account at a casino online.

A Year of Big Wins & Extra Features

The games are fair, the transactions are swift, but when it comes down to it, a casino has to pay out to be worth its salt.

At CryptoSlots, the wins have come thick and fast. The displayed Winner Lists show which games have paid out big in recent days. The most noteworthy to date was just last month, when a player hit the $100k milestone on the million dollar slot Jackpot Trigger.

The Jackpot Trigger has been a feature since day one, but January saw the introduction of another way to win: a Crypto Lotto. Every month, the lotto bestows cash prizes on twenty ticket holders. Much like Jackpot Tokens, Lotto Tickets are accumulated by members as they play at this crypto casino. Every day a player bets at least $100 on slots, they earn a ticket. The top prize is a progressive amount which resets at $10,000 on the first of the month. For context, last months top winner banked $14,940.

Monero & More Games

In the last year, CryptoSlots has also added Monero to its list of accepted cryptos (joining Bitcoin, Bitcoin Cash & Litecoin). Fifteen new games also joined the existing list of Provably Fair picks. Keno, multi-hand video poker, and the many slots are all 100% unique – found at no other crypto casino online.

And it’s not just crypto enthusiasts who play – many of CryptoSlots players are online gamers who have only recently started using cryptocurrencies to play in order to avoid payment processor issues. So it should come as no surprise that the crypto gaming market is the fastest growing area of the online gambling industry – currently valued at over $48 billion. For CryptoSlots, this first year is set to be the first successful one of many.

The post Cryptocurrency-Only Casino CryptoSlots Celebrates a Big 1st Year appeared first on Live Bitcoin News.



Cryptocurrency-Only Casino CryptoSlots Celebrates a Big 1st Year

Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries.


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