In today’s modern world we have a myriad of different currencies at our disposal to use on online casinos. Long gone are the days where Visa and MasterCard were the only payment methods accepted!
One type of currency that is currently sweeping the world is cryptocurrency. Cryptocurrencies are digital currencies that use Blockchain technology and encryption across a decentralized P2P network.
You will undoubtedly have heard of Bitcoin – Bitcoin is the most popular cryptocurrency in existence. Aside from Bitcoin, there is a plethora of other cryptocurrencies you can use too known as Alt Coins (Alternative Coins).
This article looks at Alt Coins specifically, and how you can use them as payment methods on various online casinos and live dealer games – enjoy!
Which Alt Coins Can You Use To Play Live Casino Games?
First we will provide a brief description of each of the main Alt Coins available in the market today. There are literally hundreds of Alt Coins in existence, but only a select few are regularly traded and used as valid payment methods. It is only when an Alt Coin becomes widely popular and circulated (like Bitcoin), that it will see a greater usage and acceptance. Listed below are the current main Alt Coins together with a short explanation of how they work:
Ethereum – Ethereum is a form of Cryptocurrency that is based on smart contracts and Blockchain technology. The idea behind Ethereum was to create a system and currency that anyone could use that would provide security, non-repudiation and fast transactions. Ether is the currency that fuels the Ethereum network.
Dogecoin – This cryptocurrency was actually started as a joke currency – the original creator, Billy Markus never intended for it to explode in popularity as it has. He merely wanted to investigate if an alternative to Bitcoin was viable – hence the slapstick name and mascot (Surely you have seen the beloved Shiba Inu Dog?). Dogecoin’s main use is as a tipping currency – users will tip others Dodgecoin for noteworthy content or achievements.
ZCash – Zerocoin Protocol or Z Cash is a cryptocurrency that aims to provide a greater level of security and privacy than Bitcoin. ZCash was first released in 2016 and has received steady traction since.
Bitcoin Cash – Bitcoin Cash is a hard fork of Bitcoin. This cryptocurrency is essentially the same as Bitcoin but will add a further 21 million coins into circulation.
Litecoin – This cryptocurrency was originally a spin-off of Bitcoin and is one of the earliest digital currencies in existence. Litecoin use similar protocols and processes to Bitcoin, and the currencies current market cap is over 6 billion USD.
Ripple – Also known as the XRP ledger, Ripple was originally a payment protocol. Ripple uses a decentralized open source protocol to process transactions much like Bitcoin. Ripple has a large share in the crypto market with over a $48 billion USD market value.
Monero – Also known as XMR, Monero is an open source cryptocurrency. This currency uses similar processes to Bitcoin such as Proof of Work and decentralisation. The current market value of Monero is $2.1 billion USD.
Stratis – Stratis was started via a crowdfunding operation and was mainly created to serve the financial industry. This currency system used Blockchain technology, and users can create their own private blockchains for business use.
Dash – Dash Coin is a fork of the Bitcoin software and uses the same protocols and procedures. It was originally known as Darkcoin and has been used extensively in various different countries.
Peercoin – This cryptocurrency like many Alt Coins uses much of the Bitcoin processes and source code. One major difference however, is that Peercoin has no coin limit – there can be a limitless supply of this currency in circulation unlike Bitcoin’s 21 million cap.
Neogas – NEO is predominantly a Chinese cryptocurrency and platform developer for use in Asia. This application is similar to Ethereum, but coins are not mined – 100 million NEO coins were simply released into circulation during its initial offering.
As you will find out below, many of these Alt Coins are available as forms of payment on various online casinos. For example, casinos that use the Softswiss platform such as mBitCasino and Bitstarz all accept the main forms of cryptocurrency (Bitcoin, Ethereum, Litecoin), together with some Alt coins too.
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Which Live Dealer games are playable with Alt Coins?
Live dealer games are some of the most fun types of casino games available. This type of game effectively recreates the casino experience and allows you to join in the action first hand. You can jump into a game, and interact with other players from around the world; all of this is overseen by a live dealer.
You see the dealer in action, and you can actually watch your cards being drawn – it’s one of the best online gambling experiences there is! Many live dealer games are actually playable with Alt Coins which can open your gaming experience up to a whole new world of possibilities.
The Softswiss platform is well-known for its acceptance of Alt Coins and also have some of the best live dealer games available in the industry. Their casino platforms include mBitcasino.com and Bitstarz which both accept Ethereum, Dogecoin, Litecoin and Bitcoin Cash. The following are three examples of popular live dealer games that playable with Alt Coins:
Lightning Roulette is a fun live dealer game that you can play using Alt Coins. This game is developed by the popular Evolution Gaming and was first released in early 2018. Lightning Roulette features all the standard game rules you would expect, but also adds in some cool features that quickens the pace of play.
During each round, 1 to 5 random “lucky” numbers are generated which can earn bonus payouts of between 50:1 to 500:1 odds. This game certainly provides an enjoyable experience and the live streaming is fantastic.
Baccarat is a classic dealer game that millions of people enjoy around the world. Baccarat Squeeze is a variant of this classic with a few simple changes that make the game much more exciting. Evolution Gaming have once again created a fan-favourite and you can expect all the usual features they provide.
The menu and settings are easy to navigate, and the actual live interface is incredible. Baccarat Squeeze is essentially Baccarat where the dealer prolongs card reveals – this adds to the anticipation and helps build up excitement and tension. This is another superior live dealer game that you can play on using Alt Coins.
Blackjack White is another of Evolution Gaming’s entertaining blackjack variants. This live dealer game is widely available, especially on casinos from the Softswiss Platform who accept a myriad of Alt Coins as payment. In essence, Blackjack White is essentially Blackjack but with higher betting limits and a few more playing options.
The game itself is well developed and features outstanding video quality, exceptional streaming, and a clean and subtle interface that doesn’t interfere with the gameplay. Furthermore, the graphics overlays look crisp, and you can make a few cheeky side bets such as 21+3 and perfect pairs.
Casinos that take Alt Coins
Now that we have looked at the different types of Alt Coins, and some popular Alt Coin live dealer games, we can look at some specific casinos that accept Alt Coins as a form of payment.