It is not uncommon for cryptocurrency exchanges and markets to have their own cryptocurrency coins. In fact, we’ve even seen crypto casinos support their own tokens. It won’t surprise you to learn that a global goliath like Crypto.com also has its own Ethereum-based token, then. Known as CRO, or Crypto.com Coin, the CRO token serves several purposes, but can it be used for gambling online?
Also known as Crypto.com Coin, CRO is an Ethereum-based token that powers Crypto.com Pay. It is essentially a service that allows you to purchase goods and services and receive rewards such as cashback. In most cases, CRO is only accepted as an ERC-20 token on Ethereum’s blockchain. With fourteen confirmations required to process CRO transactions, CRO is one of the most secure and safe crypto coins you can use.
Originally starting out life as MCO (after Monaco, the original name for Crypto.com), this Hong Kong-developed token is a DeFi (decentralized finance) coin aimed at making the crypto market more usable for everyday people. One such aspect of this would be the introduction of crypto debit cards. However, none of this has really come to fruition yet, and it still doesn’t answer our most pressing question: “Can this cryptocurrency be used to bet online?”
Many casinos that operate to a global audience try and utilize as many popular cryptocurrencies as they can. Crypto.com Coin (CRO) is a well-known ERC-20 token, but it is not widely represented at cryptocurrency casino sites. That said, our team has put in the man hours to find a selection of sites that are prepared to take a gamble with Crypto.com Coin. In our research, we found that there are dozens of sites that accept CRO as a payment method. However, most of the major software providers have not input CRO as one of the currencies you can use in their games. Find out what this means below.
It is very much possible to deposit at cryptocurrency casinos using Crypto.com Coin. However, to bet on games using CRO, you’ll need to hope that the developers behind casino games have incorporated this cryptocurrency into their games. Few of the major developers have. This does not mean that you can’t expect to wager with CRO at Crypto.com Coin casinos, though. Only that the array of games you can play will be more limited. We were still able to find plenty of in-house cryptocurrency gambling games, including rudimentary table games and crypto crash games that were available to bet on with CRO deposits.
Like most cryptocurrencies, Crypto.com Coin has its pros and its cons. We’ll look at the perks of using this cryptocurrency to gamble online first.
CRO is a very affordable cryptocurrency and easily accessible. For instance, users and merchants trade in it regularly, and you can obtain around 10 CRO for roughly $1 USD. This is expected to rise in the future.
One of the fundamental principles behind the Crypto.com Coin is that its developer wants to make it simple for mum, dad, and anybody to use. Unlike some other options, there isn’t as steep a learning curve to use CRO, even when betting on crypto-friendly games.
Naturally, we said there would be some disadvantages, too, and we’ve detailed the main ones below. They include:
While the number of betting sites accepting CRO deposits is increasing, there are still quite a few software providers who haven’t yet made the jump to weaving CRO into their games. In short, you will still likely face conversions into FIAT or another crypto when you want to play mainstream games.
CRO is the cryptocurrency of Crypto.com. It is a token coin rather than a proper, global cryptocurrency like Bitcoin or Ethereum. Because of this, it doesn’t have quite the same desirability or availability as the top cryptocurrencies out there.
As touched on, there isn’t a wealth of crypto casinos accepting CRO deposits, but we know how to find the best ones. If you are going to deposit with CRO at Crypto.com Coin casinos, here are the things you should look for:
Our team knows what makes a great crypto casino. In our efforts to write this review, we visited many of the best Crypto.com Coin casinos out there. Let’s look more closely at one of our favorites below:
If you’ve decided that CRO is for you and want to obtain CRO and start depositing at Crypto.com Coin casinos, then we’re on hand to help you. Here’s everything you need to know about getting started:
CRO is a cryptocurrency/token that is quite niched but is starting to find its way around mid-ranking crypto casinos. There aren’t a great wealth of mainstream games or bonuses currently available for CRO users, but that is changing, too. Crypto.com Coin is still a limited option for crypto gamblers, but at those sites that do support it, there are unique and bespoke games aplenty for you to enjoy.
Not by a long shot. CRO is one of the smaller cryptocurrencies found at online casinos, but it is certainly one of the easier ones to use.
This isn’t going to be likely. While in-house software can focus on roulette, poker, blackjack and other table games, CRO-friendly live dealer games are hard to come by.
Again, this is tricky to land, but it isn’t impossible. Our Crypto.com Coin casino list is the best place to find sites offering bonuses with CRO.
We’d certainly say so. CRO is one of the safest stablecoins out there. The Ethereum-based token offers smart-contract style action and is unquestionably trustworthy.
No, and few cryptocurrencies are. In the few cases where we have seen deposits made at online betting sites with CRO, we haven’t seen any fees listed. There will always be processing fees from your payment provider, though.