Why Playing at Dual FIAT/Crypto Casinos Is Ideal for Newbies
Why Play at Dual FIAT/Crypto Casinos, to Begin With?
If you are thinking of having a crack at betting online bitcoin, it may be tempting to head straight to the first bitcoin casino you see. After all, if you’re eager to bet with bitcoins, why play at any site that isn’t a bitcoin exclusive domain, right? Well, hold your horses. If you are new to cryptocurrency gambling (and even if you aren’t), there is a very good reason for possibly considering another type of casino – dual fiat/crypto casinos.
A dual fiat/cryptocurrency casino is, as its name suggests, a casino that accepts both cryptocurrencies like BTC, ETH, BCH, DOGE, LTC or USDT, but also fiat currencies like US dollars, British pounds sterling, or euros. More specifically, casino that will allow you to change between those currencies as you see fit.
Why would you want to do that, you ask? Allow us to provide you with eight cracking reasons why it is advisable to play at dual fiat/crypto casinos, especially when you are first starting out.
Ease Yourself into the World of Cryptocurrencies
If you are new to the world of cryptocurrency gambling, then opting to play at a dual fiat/crypto casino is a sensible step. Before you become a bitcoin pro, you’ll need to understand how to process payment methods, and acquire cryptocurrencies from exchanges. It will take some time before you understand Provably Fair, smart contracts (for Ethereum users), and cryptocurrency denominations when compared to fiat currencies. By choosing to play at a dual casino, you can ease yourself in by making both fiat and crypto deposits gradually and comparing gameplay.
If You Change Your Mind, You Can Bail
This part is important – if you change your mind and decide that bitcoin or any other type of cryptocurrency gameplay isn’t for you, you can stop and change your mind at any time. Because you will be signed up at a dual casino, you can simply switch over to depositing and playing with a fiat currency without having to close your account and sign up to a fiat-only site.
Claim Bonuses That Offer the Best of Both Worlds
Some dual fiat/crypto casinos carry bonuses available for depositors of both. Ordinarily, a casino would only offer one or the other. However, at these sites, you can claim the best of both worlds. You can snap up a top BTC deposit when you want to bet with bitcoins and then claim a fiat currency offer when you prefer to play with US dollars or another option.
Play Games That Aren’t Crypto-Friendly
As bizarre as this sounds, not all games are crypto-friendly. Ordinarily, you’re in a spot of bother if your favourite game isn’t BTC-friendly. You’d need accounts at fiat and crypto casinos to get around this issue. However, this isn’t going to be an issue with a dual fiat/crypto casino (assuming the site has the gambling games you want to play). You can deposit and play games with either currency, again giving yourself the best of both worlds.
Compete to Win Big Progressive Prizes
Did you know that not all major progressive jackpots in slots can be paid out in bitcoins or your chosen cryptocurrency? Some progressive prizes are only available to be won in a fiat currency, often USD, GBP, or EUR. This could see you miss out on winning a life-changing sum of money if you only bet with bitcoins. Therefore, having an account at a betting site that accepts both fiat and cryptocurrency options is most certainly ideal. At the same time, there will also be progressive games that only carry BTC jackpots. Joining a dual casino will alleviate this potential headache for fiat users, too.
Chop and Change as You See Fit
Some dual casinos prefer you to select a currency and stick to it. Why do that, though? There are plenty of top and reputable dual fiat/crypto casinos that allow you to chop and change between currencies with each deposit you make. These are the sites that you really want to join. If you cannot obtain BTC or don’t want to risk your current investment (perhaps the market has gone up or down, or bitcoin is currently volatile), switching over to fiat currency deposits allows you to keep playing without signing up to a different casino. Similarly, if you need to keep your fiat funds separate and only have cryptocurrency to gamble, then this won’t be an issue.
Speed Up Those Transactions
Here’s the neat thing about dual fiat/crypto casinos: you can theoretically speed up those transaction times. Unless your casino has a strict policy that you must use the same banking option for both deposits and withdrawals (some do), then we’ve got an excellent trick for you.
When you deposit with most cryptocurrencies, you can expect deposit times to take up to fifteen minutes. It’s not the end of the world, but it is slower than with fiat currency deposits, which are usually instantaneous. Similarly, when you want to withdraw with fiat currency payment methods, it can take anything from 24 hours up to five business days. Crypto withdrawals are usually free. On top of that, fiat withdrawal options may come with fees attached, and the same can be said of crypto deposits, while fiat deposits and crypto withdrawals are usually free. Do you see where we are going with this?
If you play at a dual fiat/crypto casino, there is the potential for you to deposit with fiat currencies to get instant deposit times and suffer no fees. Then, if you withdraw via cryptos, you can expect instant withdrawals, again with no fee. Moreover, cryptocurrency withdrawal limits tend to be higher than those for fiat options. The only chink in the armour here is if your casino charges you a fee for converted fiat into crypto or vice-versa, but most don’t.
Where Do I Find These Dual FIAT/Crypto Casinos?
Of course, with all that said, you still need to be able to find a top dual fiat/cryptocurrency casino to play at. You are always free to do the legwork for yourself, of course. However, since we’re doling out advice, why not provide you with a bit more? Nip over to our casino reviews section. There, you’ll find a top selection of reliable, reputable, and highly rated casinos. Some of these accept both fiat and cryptocurrencies and make for the ideal venues if you want to take advantage of the top tips we’ve listed.
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