Best Filecoin Casinos – Crypto Casinos with Filecoin (FIL)
With just over five years of experience behind it, you may not have heard of Filecoin. This little-known cryptocurrency is hardly one of the main players at crypto casino sites, and yet there are reasons to consider it as a possibility if you’re looking to bet online. Secure and efficient payments aside, what else can Filecoin offer you as an online bettor?
Join us as we explore the ins and outs of Filecoin and discuss the best places to wager with FIL at crypto casinos. In fact, let’s begin there by introducing you to a few top FIL online casinos today. Here are our recommendations:
Best Filecoin Casinos
What is Filecoin?
Filecoin (FIL)
Filecoin is one of many decentralized blockchains you can find. However, released in 2017 by Protocol Labs, it works in a somewhat different way to its counterparts. It is obtained by miners who use their hard drive space to “store files” for users, for which they are rewarded with FIL, hence the cryptocurrency’s name.
Because of this file storage methodology, there is an emphasis on security and integrity with Filecoin. Some of its users are notable businesses and corporations that require data protection. A scalable cryptocurrency, Filecoin’s emphasis on being a marketplace makes it an odd choice for the crypto gambling world, but it is, nonetheless, accepted at selected crypto casinos.
What Are Filecoin Casinos?
Filecoin casinos are particularly notable for being file storage-issued tokens, so you don’t get many online casinos that support them. However, if you know where to look (for instance, on this page), you will find crypto casinos that facilitate deposits using Filecoin. However, you shouldn’t expect too many of these betting sites to support active wagering using FIL.
Playable Filecoin Casino Games
As touched on above, there aren’t many options when it comes to Filecoin casino games. Sure, there are some in-house titles, crypto-specialist games, if you will, that utilize FIL as a wagering currency. In most cases, though, casinos support games that don’t natively take FIL bets but see your Filecoin deposit converted into another crypto option (or FIAT) for gameplay purposes.
The Advantages of Playing with Filecoin at Crypto Casinos
Let’s say that you want to deposit with FIL at online casinos; what’s the point? Here are some advantages of doing so:
Transparent, Secure Partners
The transparent and secure marketplace associated with Filecoin allows online casino operators to provide more security for their users’ deposits than, say, other more mainstream crypto options. A little extra added security is never going to put fans off choosing a cryptocurrency.
A Cost-Effective Cryptocurrency
By and large, Filecoin is a cost-effective cryptocurrency. This scalable option offers various prices, and reliability and is cost-efficient, allowing you to get a decent price that you are comfortable with when purchasing FIL at exchanges. While most cryptos tend to have their prices somewhat fixed, fees and values associated with FIL can vary.
The Disadvantages of Playing with Filecoin at Crypto Casinos
There are some disadvantages to using Filecoin at crypto casinos, too. For instance:
Limited Adoption at Crypto Casinos
Let’s be fair here – Filecoin is predominantly a file storage-based crypto, so it isn’t widely available at crypto casinos. This limits the array of casinos you can choose from when signing up to play with FIL online.
Volatile Prices
Just like Filecoin’s various prices and values can be advantageous, as they allow you to find cheap options if you want to, the volatility associated with the crypto can also be a disadvantage. You might acquire FIL rather cheaply, but its volatile nature means that its value can drop suddenly.
How to Choose the Best Filecoin Casino
Before playing at any Filecoin casino, you should make sure that you’re aware of the following criteria:
- Filecoin casinos are tricky to come by, but you shouldn’t be forced to accept the first site you come across.
- Be sure that your chosen casino allows you to deposit and withdraw using FIL.
- Check the cashier page to ensure that the fees are low or that there are none.
- Don’t expect to find many FIL-friendly online casino games at sites – there just aren’t many out there.
- Make sure that any bonuses you can claim are available for Filecoin deposits – not all are.
Featured Filecoin Crypto Casinos
The simplest way to ensure that you’re playing at a trusted Filecoin crypto casino is to choose one of our recommended sites. Some of our favorites include the following:
BC.Game
Start Playing at Filecoin Casinos Today
Obtaining Filecoin and signing up at Filecoin casinos isn’t much different than using any other cryptocurrency. Here are the steps you need to take:
- Choose a reliable cryptocurrency exchange, such as Kraken, Binance, or Coinbase.
- Create an account and purchase FIL using USD, EUR, ETH, BTC, or other currencies.
- Open a Filecoin wallet. Filecoin offers wallets via its official website, or you can use Ledger, MetaMask, and others.
- Transfer your FIL to your wallet and generate a wallet address. You’ll need this to deposit at your chosen casino.
- Head to our FIL casino reviews and find a reputable online casino. Sign up and deposit using your new Filecoin wallet according to the instructions advised on the casino’s cashier page.
Conclusion
Filecoin is a growing cryptocurrency, but it simply isn’t big enough (or in demand enough) to be a major player in cryptocurrency gambling at this moment in time. If you’re into file storage and sharing, though, then Filecoin could very well be something you wish to explore on the side.
Filecoin FAQs
Do all crypto casinos accept Filecoin?
In fact, most of the major cryptocurrency casinos don’t accept Filecoin at all.
Can I play live dealer games with Filecoin?
We’d have to say no because we haven’t actively seen any such games offered at FIL casinos.
Can I claim FIL online casino bonuses?
Again, this isn’t something we’ve seen a lot of, but dedicated FIL casinos should be able to offer you bonuses. Check our reviews for more information.
Is it safe to wager with Filecoin?
We’ve got a definite answer for you here. Yes, Filecoin is a perfectly safe cryptocurrency to bet with online.
Are Filecoin deposits free from fees?
For the most part, yes. However, this will ultimately depend on the casino you choose to play at and how it chooses to implement Filecoin transactions. Again, our recommended casinos are ideal for this.