Monero (XMR) is a lesser-known cryptocurrency launched back in 2014, initially known as BitMonero. It has become a popular choice for casino players due to its ability to provide completely safe and anonymous transactions. Isn’t that the same with every cryptocurrency on the blockchain, you might ask? Not exactly. It is a common mistake for people to consider all crypto transactions to be private and anonymous, when in fact, most digital transactions on the blockchain are publicly visible. Transactions using Monero are private by default using high-level security features not supported by some of the more widely accepted casino cryptos, such as BTC and ETH.
What are Monero Casinos?
A Monero casino is any online casino that accepts casino deposits and withdrawals using Monero. XMR implements several key tools to keep your information private, secure and untraceable, making it a perfect option for privacy-conscious casino players.
Steal Addresses: to disguise the recipient of Monero transactions.
Techniques for hiding transfer amounts (RingCT)
Technology to hide IP addresses (Koveri)
Ring signatures to make transactions disappear
In combination, this makes Monero one of the most private methods of transferring funds to an online casino.
Best Monero Casinos List in United Kingdom
Monero may not be as popular as BTC, ETH and LTC casinos. Still, it is steadily gaining ground with its groundbreaking security features. Here are some of the best online casinos to wager on casino games available in your country.
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Advantages of Monero Casinos
Completely Private Transactions
Monero encourages users to be their own bank with untraceable and confidential transactions, making it an excellent option for players who wish to remain anonymous.
Increasing acceptance and popularity
This cryptocurrency is becoming increasingly popular with players and larger casino operators.
Extremely Fast
Transaction speeds on the blockchain are super fast, with casino deposits and withdrawal times averaging a few minutes.
Low Fees
Fees charged on Monero transactions range from zero to negligible.
Monero Casino Bonuses, Games and Service
Unfortunately, unique bonuses for Monero deposits are scarce. Still, some casinos have been known to offer special promotions for deposits in any cryptocurrency. That aside, there nothing stopping you from benefiting from the wide range of standard casino bonuses and promotions offered to all payers depositing any crypto or fiat currency. The same is also true of Monero casino games. The industry currently lacks online casinos dedicated to Monero. Instead, many traditional casinos accept Monero transactions. However, players can still benefit from high-quality games provided by top software developers like Microgaming, Playtech and Evolution gaming.
Try Monero Online Casinos for Yourself
As one of the worlds most progressive cryptocurrencies, Monero continues to gain hardcore support from its growing fanbase, with advanced features concerning privacy and security not supported by Bitcoin, Ether and others. For this reason, acceptance of Monero is expected to grow at the online casino over the coming years. Monero is an excellent option for players who need a higher level of anonymity.
Give it a try today and benefit from all the advantages of playing games in crypto.
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