Best Internet Computer Casinos – Crypto Casinos with Internet Computer (ICP)
ICP, otherwise known as Internet Computer Protocol, isn’t just a cryptocurrency or even a blockchain but a vision. Its entire premise is focused on the development of a better Internet by using Web 3.0, complete decentralization of the Internet, and the creation of social media platforms without computing. It is ICP’s mission to increase privacy and anonymity and bring about the end of cloud computing.
Ultimately, the end game here is the end of so-called Big Tech. Naturally, this wouldn’t be possible without its own token, and that’s where ICP comes in. The cryptocurrency is used to process all transactions related to its blockchain and is comparable with Ethereum in terms of how it works. Can it be used to play online casino games, though? As it happens – yes. Join us as we explain how Internet Computer works and touch on some of the top places where you can play with ICP today. Here are just a few of our recommended sites:
Best Internet Computer Casinos
What is Internet Computer?
Internet Computer (ICP)
Internet Computer was first dreamt up in 2016, with fundraising completed shortly after. It was launched in 2021 and is run by the DFINITY Foundation, a company with its origins in Switzerland but also with headquarters in California. Its mission is to gradually create a different type of internet, one based on anonymity, decentralization, and the unlimited creation of apps making use of smart contracts. It has been described by some within the industry as the ultimate “Ethereum Killer”, making use of proof-of-stake consensus protocols and offering to stake, allowing backers to gain voting rights and have their say on the direction of the project.
However, things aren’t quite as rosy as they sound. At its explosive start in 2021, the ICP cryptocurrency was valued at just over $425. However, in a little over two years, it has declined in the market, first to around forty bucks, and now has an estimated value of approximately $5. While essential to Internet Computer Protocol, the ICP crypto isn’t necessarily its primary focus, and that means that it hasn’t quite won over the hearts of casino goers across the net.
What Are Internet Computer Casinos?
In short, Internet Computer casinos are any sites that actively support deposits and withdrawals using ICP. Because of the nature of how Internet Computer works and what it wants to achieve with its decentralized Web 3.0 goals, many of the casinos that support ICP tend to be dedicated sites. This isn’t so great if you want to play with other cryptos. However, there are one or two mainstream casinos that offer ICP options, too, as you can see on this page.
Playable Internet Computer Casino Games
For the most part, any mainstream crypto casino that accepts Internet Computer as a deposit or withdrawal payment method won’t be able to handle ICP stakes on its games. Instead, they’ll convert your deposit into a popular crypto or even FIAT currency for staking purposes. It’s down to game software providers to make that a reality. However, at in-house, dedicated ICP casinos, you can expect smart contract-based gameplay to consist of crash games, a few basic table game options, and other similar, simplistic games.
The Advantages of Playing with Internet Computer at Crypto Casinos
There are only two perks to playing with ICP at online casinos that we could see. These include the following:
A Dual-Purpose Crypto
One of the perks of using ICP for crypto experts is that it serves two purposes. Yes, it is the fuel of all ICP-related transactions using apps on its blockchain. However, it also acts as a governance tool for the entire project. If you’re big into cryptocurrencies, there is more than one practical purpose for ICP for you to explore.
Could Experience Rapid Rise in Value
At present, the value of ICP is low. However, it has steadily dropped over two years and doesn’t appear to be highly volatile. That said, ICP releasing something new and innovative or making changes to their project could easily see its value rise and soar, making it potentially a valuable crypto to have at hand in casinos.
The Disadvantages of Playing with Internet Computer at Crypto Casinos
Before you get involved with Internet Computer at online casinos, it is worth making a note of these two points:
It’s Not a Dedicated Crypto Casino Currency
The very perks that make ICP attractive to crypto investors make it less so for crypto gamblers. The Internet Computer project itself is what most of its backers favor, not necessarily the crypto. Therefore, this lack of dedication means that few major online casinos have picked it up.
A Rapidly Declining Value
No investor is going to ignore the massive drop in value since launch. Going from over $425 to $5 in just under three years is a worrying sign, and this may put off investors, further depreciating this crypto’s value. That, coupled with a lack of innovation since its debut, potentially points to a somewhat stagnant crypto.
How to Choose the Best Internet Computer Casino
There aren’t many online casinos that support ICP, so it’s a case of slim pickings here. However, even with a limited number of options out there, you can still afford to be picky. For instance, only play at casinos which offer the following:
- Certified, regulated, and potentially licensed online casino games.
- Sites that actively allow you to deposit and withdraw ICP.
- Casinos that support bonuses and promotions for your ICP deposits.
- Casinos that are licensed, or at least heavily regulated, to ensure fair play.
- Online and crypto casinos that give you a fair exchange rate when converting ICP into another option for gameplay purposes.
Featured Internet Computer Crypto Casinos
There aren’t many online casinos that have accepted ICP as a deposit/withdrawal cryptocurrency. However, we’ve come across a handful of sites that are prepared to offer you this service. Here is a closer look at two of our recommended Internet Computer casinos for you to join today:
BC.Game
Start Playing at Internet Computer Casinos Today
Acquiring and using ICP is no different than starting with any other cryptocurrency. Here’s what you need to know:
- Head to an exchange to acquire ICP. Binance, OKX, and Bybit are arguably the top exchanges offering this cryptocurrency.
- You’ll need to open a wallet that accepts ICP outside of the one at the exchange.
- Transfer your ICP from your exchange wallet to your hot or cold wallet.
- Sign up for one of our trusted casinos as a new player.
- Make your first deposit using your ICP payment provider and the key found on the cashier page at the site.
Conclusion
Internet Computer is a cryptocurrency that is ideally suited for those who want “a new internet” and are truly invested in the project that they are trying to build. It isn’t a casual, run-of-the-mill crypto. Because its heart is really in changing the internet rather than processing payments, it isn’t as suitable for cryptocurrency casino action as many of its counterparts.
Internet Computer FAQs
Do all crypto casinos accept Internet Computer?
No. In fact, most don’t. However, if Internet Computer’s project grows and reaches fruition, more would be willing to take it up.
Can I play live dealer games with Internet Computer?
We didn’t see any examples of casinos which support wagering using ICP on live casino games, so we’d say no.
Can I claim ICP online casino bonuses?
Most mainstream sites require you to claim bonuses in other cryptos. However, it may be possible at dedicated sites, but these are few and far between for players.
Is it safe to wager with Internet Computer?
While the value of the crypto has dipped, there haven’t been any security issues, making ICP a trusted and safe crypto option.
Are ICP deposits free from fees?
No, but the fees associated with transactions made using ICP are virtually zero. You’re looking at the equivalent of roughly $0.002 for small-scale deposits, which is nothing, really.
