Starknet is a cryptocurrency that caused quite a bit of commotion in 2024. A hyped and trending crypto, Starknet focuses heavily on Ethereum scalability, and it can handle all manner of dApps, including games. Naturally, that should make it a decent choice for gambling online. Of course, if you’re not familiar with Starknet, how it works, or how gambling online is accomplished using this crypto option, we’re here to help. Join us as we explain everything you need to know about this cryptocurrency, its coin (STRK) and more. Let’s begin by introducing you to the best Starknet casinos online.
Starknet (STRK)
Starknet is one of the more recent cryptocurrencies to spring up of late. It has caused a bit of a fuss since its launch, and a few people are more than excited about its potential offerings. For starters, Starknet is an Ethereum scaling solution. It is known as one of a few ZK rollups. The more users process payments through Starknet, the cheaper and faster they become. This is, of course, without compromising or hindering the security setup and general decentralization protocols of Ethereum.
Starknet is notable for a few different things. Firstly, it is very cheap to acquire, and processing payments is very affordable. Moreover, it is fast, more so than Ethereum. Starknet is also secure, and its versatility means that it can be used with a plethora of applications, some of which are tailored towards crypto gambling.
While some have claimed that this will “revolutionize” the cryptocurrency gambling industry here at BTCGOSU, we disagree. Starknet has the potential to speed up transactions and make them cheaper than Ethereum and some other ERC-20 tokens, but there are other cryptos out there that are already faster and cheaper than Ethereum.
Starknet casinos are still emerging, and the best way to explain them is to say that they allow you to process transactions using STRK, the native coin attached to Starknet. While not a proper cryptocurrency in its own right – Starknet is more of a scaling solution for Ethereum – it still has some practical uses in the crypto gambling space, and we’re going to look at those in turn.
While Starknet can be utilized alongside gambling dApps, you shouldn’t expect too much in terms of compatibility. For instance, you can certainly expect to deposit and withdraw using STRK, but gambling with this crypto token is unlikely. Instead, it will almost certainly be converted into another Ethereum-based coin for gameplay purposes. There’s no shortage of games for you to play at STRK casinos, but the takeaway is that, as mentioned, you won’t likely be able to wager actively using Starknet’s token.
Are there any advantages to playing with Starknet online casinos? There are always advantages to any crypto if you look hard enough. Here are the perks that BTCGOSU managed to find:
Because Starknet processes transactions away from the Ethereum blockchain, it can offer better efficiency, cheaper fees, and faster timeframes than the Ethereum network typically delivers. This is important if you want things done quickly and fast. Gas costs are reduced since Starknet processes transactions off-chain.
Just like Ethereum, Starknet can process smart contracts. However, while Ethereum executes smart contracts inside its own network, Starknet processes its smart contracts on Layer-2, before submitting those to the main net at Ethereum. Privacy has also increased because of this.
There are equally as many disadvantages to using Starknet for casino gameplay, and we’ve highlighted these for you, too. They include:
Starknet is in no way suitable for beginners, or those hoping to just dip their feet into the crypto gambling world. You’ll need a thorough grasp and understanding of Ethereum, its network, blockchain, and smart contracts in general if you want to make the most of this service.
While Starknet can tie into dApps and handle smart contracts just like Ethereum, and it can certainly be used to enhance the gambling space, it is still an emerging scene. There aren’t many sites openly affiliated with Starknet, and certainly nowhere near as many as there are Ethereum casinos online.
Before signing up and playing at any Starknet casino, we’d recommend making a note of the following tips:
Next, let’s introduce you to our favored Starknet casinos. Each of these offers a high-end service that you can trust, and that our team has approved.
If you’re interested in beginning gameplay with Starknet online casinos, then here are the steps you must take to make that a reality:
Starknet isn’t what we’d call a proper cryptocurrency for gambling purposes. Instead, it is a means to an end to improve Ethereum transactions and scale the network. However, it is still possible to process payments using STRK at casino sites. If you’re a huge Ethereum fan, this might be an option to consider. If not, or if you don’t know enough about the Ethereum network, you’d best read up before attempting to play at Starknet crypto casinos.
No. Most of the online casinos that permit Starknet deposits are usually Ethereum casinos, too, but even then, they are few in number.
Yes and no. Starknet casinos may indeed support STRK deposits and withdrawals, but they will usually convert those deposits into Ethereum-based cryptos for gameplay purposes.
This won’t always be possible. Again, in many cases, Starknet casinos will convert your deposit into an ETH-based option for claiming bonuses.
Absolutely. Because it operates off-chain, Starknet transactions are deemed cheaper, faster, and more private than Ethereum payments. They are certainly secure.
No. There are fees, but they are much smaller than what you’d get with Ethereum, and some ERC-20 tokens. STRK payments start at 1.5 STRK (about $2.75 at the time of writing), rising to no more than 5 STRK ($10.25).