common Archives - Blockchain Casino

For more than 10 years, cryptocurrencies have been closely interacting with online gambling, bringing innovations to the industry thanks to the development of blockchain technology. One significant innovation is non-fungible tokens, or NFT (non-fungible token). Their popularity in online casinos and other areas has grown significantly over the past decade, and it is predicted that NFTs will reach a market value of $230 billion by 2030. Gambling experts claim that integrating this technology into the day-to-day operations of online casinos will allow them to maximize their potential and reach a new level of appeal.

The exceptional impact of NFT tokens on online casinos can be seen in the increase in the number of customers through NFT-based loyalty programs and other player benefits. Let’s try to envision how the future will interact with online gambling and NFT technology.

NFT
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Briefly about NFT

Certainly, before diving into the current utilization of NFTs in the online casino realm and exploring their future possibilities, let’s establish a clear understanding of what these tokens represent. NFT stands for non-fungible token, indicating a unique and non-interchangeable digital asset on the blockchain. These tokens function as evidence of the authenticity and ownership of specific digital items, spanning from digital art and collectibles to in-game valuables and various other forms of digital property.

Indeed, each NFT carries a distinct identity, symbolizing irreplaceable digital assets. Anchored in the blockchain, every token is endowed with a distinctive identifier that showcases the owner in real-time, ensuring transparency and the seamless transferability of NFTs. The value assigned to a specific NFT is contingent on its scarcity, cultural significance, and additional elements like its functional utility.

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NFT and gambling — where and how is it applied?

NFTs are already having a profound impact on the gambling industry, and these changes will be visible for many years to come. Let’s take a look at how these tokens are currently being applied.
NFT

NFTs as winning prizes

The advent of NFTs has significantly changed the structure of online casinos by introducing new approaches to gameplay. Developers started creating games that utilize unique NFTs instead of traditional cash prizes. Gamblers can now win NFTs in slots, as well as in table, card and other games, and then exchange them for real money. An example of this approach is the NFT MegawaysTM video slot from Red Tiger, which offers unique Crypto Punks characters as winnings.

Enter NFTs, offering players tangible ownership of in-game assets, such as characters, transcending the confines of a single game. This digital wealth can seamlessly migrate between various gaming realms or be sold, unlocking novel avenues for financial gain. The upshot? A more captivating and dynamic gaming journey for users.

NFT as a reward for loyalty

VIP programs at most online casinos offer rewards for active and big players. Instead of traditional bonuses such as free spins or extra money to the account, NFTs have revolutionized this approach. Players can now receive unique tokens that can later be exchanged or sold. Programs usually include several levels, and the higher the level, the more valuable NFTs a player will receive.

In addition, NFTs can act as tickets for special tournaments, contests and provide additional discounts. BC Game recently launched a unique NFT network called Degen Pass. Holders of this token get access to decentralized casino games, various prizes, VIP programs and a variety of in-game privileges. Among them are unique avatars and the opportunity to participate in jackpots.

NFT as a guarantee of anonymity and safety of players

With the use of cryptocurrencies and NFT, players have new means to secure their identity and data at online casinos. In particular, NFTs can be used as avatars, giving players the ability to keep their personal information private. Token transfers are also carried out without the need to disclose personal data, as all processes take place on the blockchain, keeping bank details and other sensitive information safe.

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NFT and online casinos in meta-universes

Metavillages, accessible using VR helmets, are digital worlds where reality can be reimagined. In these virtual spaces, users can not only buy virtual real estate and interact with each other, but also visit virtual casinos where digital assets such as NFTs are used to participate in games.

In the meta universe, you can place bets using NFTs or even purchase an entire casino to set up your own business. However, since NFTs are a method of monetizing digital assets in meta universes, this can cause some problems.

NFT

Consider this: Flamingo Casino Club, an early entrant in metaventures, faced legal repercussions with cease-and-desist directives from five U.S. states. The casino falsely asserted its affiliation with Flamingo Las Vegas Hotel and Casino, enticing users with promises of passive income derived from casino profits through specific NFT purchases.

Despite the limitless possibilities of NFTs in the meta-universe of gambling, they face legal hurdles. How such casinos will be regulated and monitored remains an open question. The use of NFT for anonymous betting may lose its meaning if licensed establishments continue to require players to verify their identity.

Developing a legal framework for the use of NFTs in the online gambling industry could create the conditions for safe and legal interactions with digital assets. However, it is important to strike a balance between innovation and protecting the interests of players to ensure a fair and transparent gaming environment.

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Conclusion

The permanence of non-fungible tokens (NFTs) in the gambling landscape signifies a substantial shift, promising transformative changes that extend beyond our current imaginations. It’s an exciting time as NFTs continue to reshape the very foundations of how we approach and experience gambling.

The incredible potential of NFTs comes for the next reasons:

  • The uniqueness of NFTs adds a refreshing twist to the gambling scene, departing from the uniformity of traditional bets. With NFTs, each token carries its distinct identity, making every transaction a unique experience. It’s a game-changer, allowing you to seamlessly blend the thrill of betting with the individuality that NFTs bring to the table. The fusion of chips and cash in your betting arsenal — now that’s a winning combo!
  • Indeed, the trust embedded in NFTs is a game-changer. The transparent ownership tracking on the blockchain ensures that whoever claims ownership can be verified. In the realm of online casinos, this trust mechanism offers a unique advantage. Casinos can leverage this to create a more secure and regulated environment, excluding players who don’t meet specific criteria, such as age restrictions. It’s a breakthrough, combining the benefits of anonymity with a blockchain-backed layer of trust.
  • NFTs bring a personal touch to the gambling experience. As the younger generation, Gen Z, becomes a significant player in the gambling world, catering to their preferences is crucial. The trend of personalization in marketing and services is on the rise, and NFTs open up exciting possibilities. From customizable wearables to exclusive VIP membership cards, the personalization options with NFTs are diverse. This not only enhances the gaming experience but also aligns with the evolving expectations of players.
NFT

Indeed, the rise of NFTs has coincided with the surge in popularity of play-to-earn (P2E) games like Axie Infinity and Crypto Kitties. The principles of GameFi, where players can earn real value through in-game activities, have captured the attention of the gaming community. It’s inevitable that iGaming providers will leverage these GameFi concepts to inject more thrill into the gambling experience. This shift could potentially reshape the landscape of the gambling industry, with players seeking platforms that not only provide entertainment but also offer better odds and tangible rewards. The convergence of NFTs and gambling opens up exciting possibilities for a more dynamic and rewarding gaming ecosystem.

The unique properties of NFTs, such as verifiable ownership and traceability on the blockchain, can contribute to a more trustworthy and secure gambling environment. As this shift unfolds, it’s evident that the impact of NFTs on the casino world is already underway, with the potential to redefine the way players engage with games, assets, and the entire gambling experience. The ongoing evolution promises a future where NFTs play a pivotal role in shaping a more dynamic, transparent, and rewarding gambling industry.

JeetCity Casino

JeetCity Casino is an exciting online casino designed for those looking for a variety of games and exciting gameplay. From the moment you first look at the site to the first bet, there is an atmosphere of innovation and diversity, creating a unique experience for players.

JeetCity Casino operates under a license from a reputable regulator, which adds an extra layer of trust for players. Having a license means that the casino meets the standards of the gambling industry, which is an important factor when choosing a place to play.

Visit JeeCityt Casino
Operator: Dama N.V.
Launch year: 2014
License: Curacao : 8048/JAZ2020
Mobile version: Adaptive version of the site on iOS and Android
Number of games: More than 2000
Welcome Bonus: 100% on first deposit + 100 freespins
Loyalty program: Yes
Support: Online chat on the site
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Casino bonuses and promotions

JeetCity online casino provides a variety of bonuses and promotions for its players. New players can expect welcome bonuses, which may include additional deposit funds and free spins. In addition, the casino regularly holds various promotions, tournaments and loyalty programs that allow players to receive additional bonuses and rewards.

As a welcome bonus, JeetCity gives:

  • 100% + 100 free spins on first deposit;
  • 75% + 50 free spins on second deposit;
  • 50% + 30 free spins on third deposit.

To receive the bonus, you need to top up your account with at least $20. And for a deposit of $250 or more you will have access to an additional 25% bonus.

You can also get 100 free spins every Monday and participate in other promotions of the brand. And if you use cryptocurrency, then you have access to 10% cashback without a wager every Thursday.

Promotions JeetCity Casino
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Registration at Jeet Casino

The registration process for JeetCity is quite simple and quick. Players will be required to provide basic details such as name, email and password. Once registration is completed, you will be able to log into your account and start playing at the casino.

To register a profile, just indicate:

  • Mail;
  • Name;
  • Password.
  • Country;
  • Currency.

Don’t forget to read and agree to the rules. And if you want to receive promotional offers, subscribe to the promotional mailing list. This will help you be the first to claim all the profitable bonuses.

Jeet Casino Registration
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Assortment of slot machines

7JeetCity offers an impressive range of slot machines. Here you will find slots from leading software developers such as NetEnt, Microgaming, Play’n GO and many others. The casino features a variety of slot machine themes, including classic fruit slots, modern video slots and progressive jackpots.

  • NetEnt
  • Nolimit
  • Playson
  • Wazdan
  • Redtiger
Games JeetCity Casino
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Accepted payment methods

JeetCity provides various deposit and withdrawal options. Popular deposit methods include credit and debit cards, e-wallets, bank transfers, and other options. The casino also ensures the security of financial transactions using modern data encryption methods.

Jeet Casino Deposit
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Mobile games

JeetCity offers players the opportunity to enjoy the excitement not only on desktop but also on mobile devices. The casino has a mobile version of the site, which is optimized for use on smartphones and tablets. This allows players to play their favorite casino games anywhere and anytime.

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Support

JeetCity customer support is available to players 24/7. You can contact casino representatives via live chat, email or phone. Prompt and professional support will help resolve any issues related to the game, bonuses or financial transactions.

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Conclusion

JeetCity is an online casino that provides players with a variety of games, generous bonuses and convenient deposit and withdrawal options. With the ability to play on mobile devices and prompt support, it will be useful for both beginners and experienced players.
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FAQ

Jeet Casino provides welcome packages that encompass bonuses for both initial and subsequent deposits, along with complimentary spins.
The casino welcomes various payment methods, including credit cards, e-wallets such as Skrill and Neteller, bank transfers, and cryptocurrencies like Bitcoin, Litecoin, and others.
Certainly, Jeet Casino offers a mobile version for gaming on smartphones and tablets.
Support is accessible through multiple channels, including live chat,
7bit Casino

7Bit Casino offers an exciting online gambling experience, combining a variety of games, exciting bonuses and a high level of service. The site adheres to a stylish design, which makes navigation intuitive for all players.

7Bit Casino is licensed, which guarantees players the safety and fairness of the game. The licensing authority enforces standards, giving players confidence in the online gambling process.

Visit 7Bit Casino
Operator: Dama N.V.
Launch year: 2014
License: Curacao : 8048/JAZ2020
Mobile version: Adaptive version of the site on iOS and Android
Number of games: More than 2000
Welcome Bonus: 100% on first deposit up to 1 BTC + 100 freespins
Loyalty program: Yes
Support: Online chat on the site
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Casino bonuses and promotions

7Bit Casino welcomes new players with great bonuses, including generous welcome packages, free spins and regular promotions. The loyalty program gives regular visitors additional opportunities to increase their bankroll and enjoy the game.

Immediately after registration you will receive:

  • 100% + 100 free spins on your first deposit;
  • 75% + 100 free spins on the second deposit;
  • 50% on the third deposit;
  • 100% + 50 free spins on the fourth deposit.

This is just a part of the available bonuses. You can find the rest of the promos in the appropriate section.

Promotions Mbit Casino
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Registration at Mbit Casino

The registration process at 7Bit Casino is a quick and easy step into the world of excitement. New players fill out a minimum of information and then gain access to a rich gaming platform. You need to go to the site and provide the following information:

  • Mail;
  • Name;
  • Password.
  • Surname;
  • Year of birth;
  • Phone number.

Don’t forget to agree to the club rules. You can also subscribe to the promotional newsletter. The administration will notify you about new bonuses. If you have a promotional code, use it to activate additional benefits.

Mbit Casino Registration
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Assortment of slot machines

7Bit Casino boasts a variety of slot machines from leading developers such as NetEnt, Microgaming and Betsoft. From classic slots to exciting video games and progressive jackpots, there is something for every player.

  • NetEnt
  • Nolimit
  • Playson
  • Wazdan
  • Redtiger
Games Mbit Casino
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Accepted payment methods

The casino offers a variety of payment methods, including credit cards, e-wallets and cryptocurrencies. The deposit and withdrawal processes are fast and secure, which adds comfort to the gaming experience.

Mbit Casino Deposit
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Mobile games

7Bit Casino provides the ability to play your favorite slots and games via mobile devices. The mobile version of the site is easy to use, adapted for different platforms, allowing you to enjoy the excitement anywhere.

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Support

7Bit Casino support team is available 24/7, ready to help players with any questions. Live chat, email and phone provide a variety of communication methods for maximum convenience.

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Conclusion

7Bit Casino rightfully holds its place as one of the premier cryptocurrency casinos. Here, players have the opportunity to engage in gaming using Bitcoin and various other cryptocurrencies. Moreover, the management provides an extensive array of slot machines, numerous bonuses, and a plethora of additional opportunities.
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FAQ

7Bit Casino offers welcome packages including bonuses on first and subsequent deposits, as well as free spins.
The casino accepts credit cards, e-wallets (Skrill, Neteller), bank transfers and cryptocurrencies (Bitcoin, Litecoin, and others).
Yes, 7Bit Casino provides a mobile version for playing on smartphones and tablets.
You can contact support via live chat, email (support@7bitcasino.com) or phone.
MiraxCasino

Mirax Casino, established in 2022, has achieved widespread popularity among gambling enthusiasts worldwide over its 2 years of operation. It offers an opportunity for players to immerse themselves in the world of slot machines and test their luck.

Operated by the reputable Hollycorn N.V, Mirax Casino operates under a valid license, ensuring a fair gaming experience. The brand’s owners prioritize providing customers with some of the most advantageous conditions and maintaining the quality of the gaming process. Any violations may result in serious penalties and harm to the casino’s reputation.

Visit Mirax Casino
Operator: Hollycorn N.V.
Launch year: 2022
License: Curacao : 8048/JAZ2019-015
Mobile version: Adaptive version of the site on iOS and Android
Number of games: More than 5000
Welcome Bonus: 100% on first deposit up to 1.5 BTC + 100 freespins
Loyalty program: Yes
Support: Online chat on the site and email: support@miraxcasino.com
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Casino bonuses and promotions

Mirax offers users a welcome bonus:

  • 100% up to 1 BTC + 100 free spins on first deposit;
  • 100% up to 1.5 BTC + 100 free spins on the second deposit;
  • 125% up to 1.5 BTC + 125 free spins on your third deposit.

Mirax also has many other offers. With their help, you can get even more benefits from the game. Weekly promotions, a loyalty program and tournaments from the developers will allow you to enjoy the gaming process with maximum interest.

Promotions Mirax Casino
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Registration at Mirax Casino

To register at Mirax Casino, visit the site and:

  • Provide an email.
  • Enter a username.
  • Create a password.
  • Choose the preferred gaming currency.
  • Agree to the terms and conditions.

After completing these steps, all of the brand’s services will be available to you. Don’t forget to confirm your email and fill in your profile details to expedite the withdrawal process and remove any restrictions. To enjoy the casino’s features without limitations, it’s necessary to verify your passport data, confirming your age and identity.

MiraxCasino Registration
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Assortment of slot machines

Mirax Casino boasts a vast game selection, including online slots, blackjack, poker, roulette, and live casino games. All these games come from top developers such as NetEnt, Pragmatic Play, Habanero, Playson, Fugaso, and others. The convenient catalog allows you to sort games by popularity, genre, payouts, and other criteria.

Mirax Casino has a longer history than most online casinos, making it even more intriguing. Over the years, developers have added numerous features and services to the site, making the brand competitive even with the most popular projects on the internet. Users highlight the following advantages:

  • NetEnt
  • Nolimit
  • Playson
  • Wazdan
  • Redtiger
Games Mirax Casino
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Accepted payment methods

Mirax Casino exclusively accepts cryptocurrency as a payment method, allowing users to bypass many restrictions. You can deposit and withdraw funds using Bitcoin, Tether, Litecoin, Dogecoin, Ripple, Ethereum, and more. The minimum deposit amount is 5 USDT or the equivalent in another cryptocurrency.

  • Litecoin;
  • Ripple;
  • Dogecoin;
  • Bitcoin;
  • Tether;
  • XRP and much more.

There are several networks for each cryptocurrency, which allows you to top up your account with maximum comfort and minimal commissions. There are no restrictions on the size of the deposit. After the transfer, funds are credited to the account depending on the load on the selected network. This usually takes from a few seconds to 15 minutes.

The minimum deposit amount is not specified. However, you should take into account that in order to receive 180% on your first deposit, you need to deposit at least 10 USDT or the corresponding amount in another cryptocurrency.

Mirax Casino Deposit
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Mobile games

Accessing the services of Mirax Casino on your mobile device is convenient and straightforward, directly through your browser. Unlike some other platforms, Mirax Casino doesn’t require a dedicated mobile application. Despite the absence of an app, you won’t miss out on the complete gaming experience when using the browser. The mobile version of Mirax Casino allows you to perform various actions, including account registration, balance top-ups, withdrawals, bonus activation, and more. This mobile-friendly platform caters to both Android and iOS users, ensuring accessibility for a wide range of players.

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Support

Should you have any inquiries about the operations of Mirax Casino, don’t hesitate to reach out to the customer support team. Responsive managers are at your service, ready to offer assistance and furnish the required information. The website features an online chat, a valuable resource for guiding even novices through the intricacies of the brand. The support team is prepared to aid with tasks such as registration, balance replenishment, and other concerns, ensuring users can swiftly return to their gaming sessions.

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Conclusion

Mirax Casino is accessible on any device and operates 24/7, allowing you to test your luck at any convenient time. With welcoming bonuses, starting your gaming journey becomes even more enjoyable. The administration ensures a fair gaming experience, providing even absolute beginners with a chance to win.
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FAQ

Indeed, Mirax Casino extends a welcome bonus to newcomers, matching 100% of their initial deposit, with a potential maximum bonus of up to 1.5 BTC.
To engage in real-money play at Mirax Casino, the initial steps involve creating an account and funding your balance. Opt for one of the provided cryptocurrencies and immerse yourself in the diverse array of games. The potential for winning is determined by mathematical algorithms, providing even novices with a chance to secure victories.
To deposit funds into your Mirax Casino account, you have the option to utilize cryptocurrencies like BTC, ETH, USDT, DOGE, and various others. Simply choose your preferred payment method, transfer the selected cryptocurrency to the provided wallet address, and once the network completes the transaction processing, your account will be credited with the deposited funds.
Certainly, Mirax Casino offers the chance to play in demo mode, completely free of charge and without the need for registration. This presents an excellent opportunity for beginners to become familiar with the gameplay without any financial commitment.
Mirax Casino may not have a dedicated mobile app, but you can still engage in gambling and access all of the site’s features seamlessly on your mobile devices through a web browser.
With over 5000 games catering to every taste, Mirax Casino ensures a diverse gaming experience where you can always discover something intriguing. Whether you prefer slots or table games, indulge in fair gameplay crafted by the best developers in the industry.
To claim a no deposit bonus, activating the corresponding promotional code is necessary. These codes are typically distributed through mailing lists managed by the support team, and they can be challenging to locate in open sources.
The latest promotional codes for Mirax Casino are accessible through the newsletter distributed by the support service, as well as on partner websites and various other platforms. These promotional codes can be utilized during the registration process or later within your personal account.
Mbit Casino

Mbit Casino provides customers with a wide range of entertainment and bonus offers. This project has been around for over 10 years and is one of the most recognizable brands in the industry. If you need to, you can read reviews from other customers to get a real sense of the quality of service. The gambling club makes every effort to provide users with the highest quality and fair conditions.

the Mbit Casino website , but also sports betting options. This gives you a chance to enjoy sporting events and test your intuition. You can place bets and receive payments at favorable odds. The site strives to satisfy the diverse needs of players, and users note its excellent quality in their reviews.

Visit Mbit Casino
Operator: Dama N.V.
Launch year: 2014
License: Curacao : 8048/JAZ2020
Mobile version: Adaptive version of the site on iOS and Android
Number of games: More than 2000
Welcome Bonus: 100% on first deposit up to 1 BTC + 100 freespins
Loyalty program: Yes
Support: Online chat on the site
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Casino bonuses and promotions

Mbit offers users a welcome bonus:

  • 100% up to 1 BTC + 100 free spins on first deposit;
  • 100% up to 1.5 BTC + 100 free spins on the second deposit;
  • 125% up to 1.5 BTC + 125 free spins on your third deposit.

    Mbit also has many other offers. With their help, you can get even more benefits from the game. Weekly promotions, a loyalty program and tournaments from the developers will allow you to enjoy the gaming process with maximum interest.

Promotions Mbit Casino
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Registration at Mbit Casino

To register at Mbit Casino you will need to provide the following information:

  • Mail;
  • Password.

An email with a confirmation link will be sent to the specified email address. Simply follow the link in the message to complete your registration.

After registration, you will have access to all the functions of Mbit Casino. In your personal account, you can top up your account, purchase cryptocurrency for deposit, select a currency for the game, enter personal data and configure security settings.

Mbit Casino Registration
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Assortment of slot machines

Mbit Casino offers a huge catalog of slot machines, including over 5,000 games. You are provided with a variety of different entertainment options, allowing you to choose the most suitable option and try your luck. The site offers the following types of games:

  • Online slots;
  • Poker
  • Live Casino;
  • Roulette;
  • Baccarat;
  • Instant Games.

If you prefer sports betting, the site has a separate section where you can bet on football, e-sports, hockey, basketball and other sports. You can place live bets or place regular bets to support your favorite team and win big.

  • NetEnt
  • Nolimit
  • Playson
  • Wazdan
  • Redtiger
Games Mbit Casino
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Accepted payment methods

Mbit accepts the following cryptocurrencies for payment:

  • Litecoin;
  • Ripple;
  • Dogecoin;
  • Bitcoin;
  • Tether;
  • XRP and much more.

There are several networks for each cryptocurrency, which allows you to top up your account with maximum comfort and minimal commissions. There are no restrictions on the size of the deposit. After the transfer, funds are credited to the account depending on the load on the selected network. This usually takes from a few seconds to 15 minutes.

The minimum deposit amount is not specified. However, you should take into account that in order to receive 180% on your first deposit, you need to deposit at least 10 USDT or the corresponding amount in another cryptocurrency.

Mbit Casino Deposit
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Mobile games

You can use Mbit Casino services on your mobile device directly from your browser, since the brand does not have a special mobile application. However, even through the browser you will get a full experience. In the mobile version of Mbit Casino you can register an account, top up your balance, withdraw funds, activate bonuses and perform other actions. The game is available on Android and iOS devices , making it accessible to all users.

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Support

If you have any questions regarding the functionality of Mbit Casino, you can always contact the support team. Real-time managers are ready to help and provide the necessary information. An online chat is available on the site, which will help even beginners understand the features of the brand. The support team is ready to help with registration, replenishing balance and other issues so that users can return to the game as quickly as possible.

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Conclusion

Mbit Casino is deservedly considered one of the most popular crypto casinos. On this site you can play with Bitcoin and other cryptocurrencies. In addition, the administration offers players thousands of slot machines, dozens of bonuses and many other opportunities.
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FAQ

Yes, Mbit Casino offers new users a welcome bonus of 100% of the first deposit, which can reach up to 5 BTC. The minimum transaction amount is 0.001 BTC or 20 USDT.
To play at Mbit Casino for real money, you need to register an account and top up your balance. Choose one of the available cryptocurrencies and enjoy the games. The possibility of winning depends on mathematical algorithms, so even beginners have a chance to win.
To fund your account at Mbit Casino, you can use cryptocurrencies such as BTC, ETH, USDT, DOGE and others. Select a payment method and send cryptocurrency to the specified wallet. Once the network processes your transaction, the funds will be credited to your account.
Yes, Mbit Casino provides the opportunity to play in demo mode absolutely free of charge and without registration. This is a great opportunity for beginners to get acquainted with the gameplay.
Mbit Casino does not have a mobile app, but you can gamble and enjoy all the site’s features on mobile devices via a browser.
Mbit Casino has more than 2000 games for every taste. Therefore, you can always find something interesting. Play slots or table games and enjoy fair gameplay from the best developers.
To receive a no deposit bonus, you need to activate the promotional code . Promotional codes are usually available through mailing lists from the support team; they are difficult to find in open sources.
Current promotional codes for Mbit Casino can be found in the newsletter from the support service, as well as on partner websites and other resources. You can use promotional codes during registration or later in your personal account.

Mass cyberattacks are becoming a typical phenomenon for the cryptocurrency community, which causes serious concerns for investors. It is noteworthy that the activities of hackers cause not only financial losses, but also undermine the trust of users. Over the past year, the total capitalization of the global cryptocurrency market reached $2.4 trillion. In parallel, subject matter experts identified 306 incidents in 2022 (26% more compared to 2021) related to cybersecurity segment Web 3.0. Against their background, the total losses of community members exceeded $10 billion.

In the segments of cryptocurrency wallets, exchanges, DeFi and NFT last year there were 136 cyberattacks, resulting in user losses of more than $4 billion. The main types of attacks were: asset theft, vulnerability search, compromise of secret keys and phishing. It is worth noting that some cryptocurrency exchanges hid the hacks for months and even years, which undermined the trust of many users.

More than 40 major platforms have closed over the past 3 years after high-profile exploits. The hacks themselves were often accompanied by the theft of investment funds and it became a common phenomenon. It is noteworthy that on September 12, CoinEx was also subjected to a massive hacker attack. On its background, the criminals managed to steal about $70 million. Exchange specialists reacted promptly. On the same day, the possibility of withdrawing funds was suspended, and the assets were transferred to cold storage. Within the next 48 hours, coordination with peer-to-peer platforms was carried out to freeze the linked funds.

Web3

Already on September 14, the exchange released an official statement in which it was confirmed that the main reason for the hack was the compromise of the hot wallet key. On the same day, CoinEx CEO Haipo Yang made a public statement via X (Twitter), promising to promptly eliminate the consequences of the hack and provide 100% compensation to affected users.

Throughout the process, CoinEx promptly distributed updates via social media, community platforms, and website announcements, keeping users informed every step of the way. The platform eventually overhauled its wallet deployment mechanisms and resumed the ability to withdraw funds.

Compliance with cybersecurity standards requires collective prudence, as the crypto industry still lacks a clear regulatory system compared to the traditional finance sector. Notably, exchanges looking to scale face obstacles in the form of hacker activity and a global bear market trend.

CoinEx’s reliability, transparency, and accountability has clearly demonstrated to other crypto projects how to proceed should they encounter such incidents. To minimize the community’s concerns, representatives of the platform actively engaged with users, providing them with prompt information about the situation. The crypto industry is facing clear challenges, against which exchanges need to develop the appropriate qualities to cope with all the trials.

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Hackers stole $2 billion less in 2023

The total amount of money lost to hacker attacks has decreased three times compared to last year. There has been a significant drop in the total amount of funds stolen by hackers from cyberattacks over the past year. According to DefiLlama, there were 75 incidents in 2023 with a total loot of $1 billion. This figure is significantly lower than the previous year, when attackers managed to steal $3.2 billion from 60 attacks. The trend now is toward more frequent, albeit smaller, hacks.

Interestingly, only 11 out of 75 attacks this year have stolen more than $10 million, indicating that hackers prefer smaller but more frequent attacks. This approach, experts say, allows them to remain stealthy and avoid excessive media attention.

Eric Jardine of Chainalysis emphasizes that it is important to remember the unpredictability of hacker attacks. Even if the total volume of production decreases this year, there is a risk of the situation changing due to one or two major incidents.

Experts also note that the decrease in stolen funds is primarily due to market factors, rather than hackers abandoning cryptocurrencies. The volatility of crypto asset prices plays an important role here.

Nevertheless, the crypto market has already been repeatedly criticized due to various incidents. It allows criminals to launder money and even fund illegal programs. Cybersecurity experts warn that the increase in small crimes could be a precursor to larger attacks in the future.

Jake Moore, global cybersecurity advisor at ESET, notes that cryptocurrency storage platforms, although they function like banks, do not guarantee a high level of protection. This is why they are becoming increasingly attractive to hackers.

According to Beosin, damage from hacks, phishing attacks and rag pools in Web3 approached $900 million in the last three months. That’s up from the first half of the year.

Immunefi also reports that the crypto market suffered $685 million in losses in the third quarter of 2023, a 59.9% increase from the same period last year. Despite the increase in total losses, the number of fraudsters has decreased, according to their data.

BC Game Casino

The project was founded in 2017, and is now at the peak of popularity. Advertising on the Internet and excellent work of managers allowed BC Game to become one of the most sought-after brands in the gambling market. And right now you have the opportunity to enjoy high quality service.

B.C. Game Casino is one of the most famous online casinos in the modern world, gaining recognition due to its successful marketing and unique offers. Today we will present you an overview of BC Game Casino, in which we will look at the available bonuses, the variety of slot machines and much more.

For several years of existence B.C. Game has added many new features to its website. Major changes in the brand allowed it to expand its audience and become a leader in the gambling business. Now before you is a project that almost all slot machine fans in the world know about.

Visit BC Game
Operator: BlockDance B.V.
Launch year: 2017
License: Curacao : 5536/JAZ
Mobile version: Adaptive version of the site on iOS and Android
Number of games: More than 9000
Welcome Bonus: 180% on first deposit up to 20,000 USD
Loyalty program: Yes
Support: Online chat on the site
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Casino bonuses and promotions

In B.C. Game has welcome bonuses:

  • 180% on the first deposit;
  • 240% on the second deposit;
  • 300% on the third deposit;
  • 360% on the fourth deposit.

    The minimum amount for each deposit is $11, $51, $101 and $201. In total, you can receive up to 20,000, 40,000, 60,000 or 100,000 BCD . BCD is an in-game currency equal to the dollar.

    Also B.C. Game gives out BCD (bonus currency) for completing tasks, for example:

  • Bet 100 USD;
  • Get 4 USD winnings;
  • USD in bets per week.

Open the quest center and find a suitable event.

And for the most active users there is a VIP club. Additional rewards await you there. The more money you spend, the more profitable your playing conditions will be. The loyalty program has 8 statuses, each of which gives you bonuses and access to various promotions. Cashback, gifts from the administration, personal manager and other privileges will help you get even more benefits from the gameplay.

Promotions BC Game Casino
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Registration at BC Game Casino

To register on the BC website Game , you need to provide the following information:

  • Phone number/mail;
  • Profile login password;
  • Promo code (if available).

You can also create a profile through Google , Telegram , MetaMask , Line and other social networks. Select any of the proposed services and allow access to personal data from the page.

In your personal account you can top up your account, fill out your passport details and use other brand functions. Do not share your account login information with third parties. There you can also see a list of available bonuses, tasks and personal promotions.

BC Game Casino Registration
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Assortment of slot machines

Range of slot machines in BC Game Casino amazes with its diversity. Additionally, the site has a bookmaker, which means you can not only enjoy gambling but also place bets on sporting events. A wide variety of entertainment awaits you and you can test your luck according to your preferences.

B.C. Game Casino cooperates with leading developers such as NetEnt , Pragmatic Play, GameArt , Habanero , Playson , Red Tiger, Wazdan and many others. Thanks to the convenient catalog, you can easily find the game that interests you and enjoy high-quality gaming experience. The developers strictly control the technical parameters of slot machines, ensuring equal chances of winning for each player.

In stock BC Game Casino offers slot machines, blackjack, Keno, Live Casino, sports betting and many other entertainments, most of which are available in demo mode. This allows you to learn the gameplay before deciding to play for real money.

The best casino software developers are responsible for the quality of the gaming process:

  • NetEnt
  • Nolimit
  • Playson
  • Wazdan
  • Redtiger
Games BC Game Casino
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Accepted payment methods

BC allows you to start playing for real money with maximum comfort. After all, the site accepts :

  • Litecoin;
  • Ripple;
  • Dogecoin;
  • Bitcoin;
  • Tether;
  • XRP and much more.

Also for certain countries, replenishing the balance through bank cards or electronic wallets is available. Therefore, you should familiarize yourself with the available payment methods. And if you want to buy cryptocurrency and play with it, you can do this through the convenient BC service Game .

The minimum deposit amount is not specified. However, you should take into account that in order to receive 180% on your first deposit, you need to deposit at least 10 USDT or the corresponding amount in another cryptocurrency.

BC Game Casino Deposit
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Mobile games

When it comes to the mobile gaming experience, B.C. Game Casino does not offer a mobile app, but you can easily play through your mobile device’s web browser. If access to a site is blocked in your country, you can use VPN services to bypass this restriction. The mobile version of the casino provides full functionality, including registration, replenishment of balance, withdrawal of funds, activation of bonuses and other actions, which allows you to play in the casino at any convenient time and place.

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Support

At B.C. Game Casino also has a 24/7 support service where professional managers are ready to answer your questions via online chat or email. In addition, in the “Support Center” section of the website you will find answers to many popular questions provided by both the administration and other users.

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Conclusion

In conclusion, B.C. Game Casino provides players with excellent conditions for gambling entertainment. Thanks to the user-friendly interface and variety of games, you can test your luck and get the most out of the gameplay.
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FAQ

B.C. Game Casino does not offer sign-up bonuses, but does offer many tournaments and promotions where you can win significant prizes. Participation in them usually requires activity on the site.
To play for real money in BC Game Casino, you need to fund your account with cryptocurrencies such as USDT, BTC, ETH and others. There is no minimum deposit and you can start with any amount.
To top up your account in BC Game Casino select a cryptocurrency and receive an address for transfer. Send cryptocurrency to this address and the funds will appear in your balance once the transaction is confirmed.
Yes you can play in BC Game Casino is free in demo mode to familiarize yourself with the games and rules before playing for real money.
B.C. Game Casino does not provide a mobile app, but you can play through a browser on your mobile device.
B.C. Game Casino offers over 3,000 slot machines, as well as a variety of table games, Live Casino and many other entertainment options to test your luck.
In B.C. Game has a lot of interesting promotions. However, there are no no deposit bonuses for beginners. But this will not stop you from getting the maximum benefit from the game. After all, the project offers many cool bonuses with which you will have a high chance of winning big.
You can activate promotional codes upon registration or in your personal account. Find bonus codes on thematic websites or in newsletters from managers and start playing with even greater benefits.
Cloudbet

CloudBet casino offers customers a huge selection of entertainment and bonuses. This project has existed for more than 10 years and is one of the most famous brands. If necessary, you can read reviews from other customers to find out the real quality of service. The gaming club does everything possible to provide users with the highest quality and fair conditions.

On the CloudBet website Casino offers not only slot machines, but also sports betting. Therefore, you can enjoy sporting events and test your intuition. Place bets and receive payments with favorable odds. The site tries to meet as many of the players’ needs as possible. And in their reviews, users note that the brand does this very well.

CloudBet Casino is an online casino with which you can test your luck and enjoy a quality game. The club was founded in 2013. Accordingly, most users are already familiar with this brand. And if you have never encountered it, then right now you have the opportunity to receive up to 5 BTC for your first deposit and start playing with maximum profit.

Visit CloudBet
Operator: Halcyon Super Holdings B.V.
Launch year: 2013
License: Curacao: 8048/JAZ
Mobile version: Adaptive version of the site on iOS and Android
Number of games: More than 5000
Welcome Bonus: 100% up to 5 BTC on first deposit
Loyalty program: Yes
Support: Online chat and email
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Casino bonuses and promotions

In CloudBet Casino With this promotion, you can get additional cryptocurrency, which will make the start of your game even more profitable. Register now to receive a 100% bonus on your first deposit. The administration offers up to 5 BTC or 50,000 USDT depending on the cryptocurrency used.

To activate the welcome bonus at the CloudBet crypto casino , you will need to top up your account with 0.001 BTC or 20 USDT.

In addition, the site has bonuses for sports betting and other sections. Accordingly, profitable offers await you at all levels of play and for any type of game. A VIP system has also been prepared for active users, with which you will have even more rewards. The loyalty program has six levels:

  • Bronze;
  • Silver;
  • Gold;
  • Emerald;
  • Sapphire;
  • Ruby.

Play for real money and earn experience points. The more these points, the higher your status will be. Advantageous offers, access to personal promotions, dedicated support service and many other privileges depend on this.

Promotions CloudBet Casino
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Registration at CloudBet Casino

To register with CloudBet Casino, you need to specify::

  • Mail;
  • Password.

An email with a confirmation link will be sent to the specified email address. Follow the link from the message and complete the registration.

You can also register using:

  • Gmail;
  • Facebook;
  • GitHub.

After registration you have access to all CloudBet functions Casino. In your personal account, you can top up your account, buy cryptocurrency for deposit, select a currency for the game, fill out your personal data and configure security settings.

CloudBet Casino Registration
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Assortment of slot machines

In the of CloudBet slot machines Casino, consisting of 5000 games. The range of entertainment is quite large, which will help you choose the most suitable option and test your luck. The site offers the following types of games:

  • Online slots;
  • Live Casino;
  • Poker;
  • Roulette;
  • Baccarat;
  • Instant Games.

And if you prefer sports betting, there is a separate section available to you. In it you can bet on football, e-sports, hockey, basketball and other disciplines. Place live or single bets to root for your favorite team and earn big payouts.

The best casino software developers are responsible for the quality of the gaming process:

  • NetEnt
  • Nolimit
  • Playson
  • Wazdan
  • Redtiger
Games CloudBet Casino
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Accepted payment methods

Cloud Bet accepts the following payment methods:

  • Litecoin;
  • Ripple;
  • Dogecoin;
  • Bitcoin;
  • Tether;
  • Ethereum and much more.

Several networks have been prepared for each cryptocurrency. Therefore, you can top up your account with maximum comfort and spend a minimum on commissions. There are no deposit restrictions. After the transfer, funds are credited to the account depending on the load on the selected network. Typically, this takes from a few seconds to 15 minutes.

CloudBet Casino Deposit
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Mobile games

Use CloudBet Casino services You can play Casino on your mobile device directly from your browser. The brand has not prepared an application, so you can only play through the official website. However, even then, you will still get the full experience. Absolutely all the functions and features of the brand are available to you.

Play mobile version of CloudBet Casino is available from Android or iOS devices. Accordingly, the brand’s services are available to every user. Using your smartphone, you can register an account, top up your balance, withdraw money, activate bonuses and perform other actions.

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Support

If you have any questions about CloudBet Casino functionality Casino, you can always contact support. Managers communicate with users in real time and provide the necessary comments. The site has an online chat, with the help of which even a complete beginner can understand the functions of the brand. The support team will help you with registration, replenishing your balance and other services. Managers try to provide answers to all questions so that users return to the game as soon as possible.

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Conclusion

CloudBet Casino is deservedly considered one of the most popular crypto casinos. On this site you can play with Bitcoin and other cryptocurrencies. And in addition to a convenient list of available payment methods, the administration offers players thousands of slot machines, dozens of bonuses and other functions.
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FAQ

CloudBet Casino offers its users a 100% welcome bonus on their first deposit. You can receive up to 5 BTC for your first deposit. The minimum transaction amount is 0.001 BTC or 20 USDT.
To play at CloudBet Casino for real money, you need to register an account and fund your account. Deposit any of the available cryptocurrencies and select games. The probability of winning depends on mathematical algorithms. Therefore, even an absolute beginner has the opportunity to win money.
RTo make a deposit at CloudBet Casino, you can use BTC, ETH, USDT, DOGE and other cryptocurrencies. Select a payment method and send cryptocurrency to the specified wallet. Select the correct network and make the transfer, once the network processes your transaction, the money will appear in your account.
CloudBet Casino offers users the opportunity to play for free. Demo mode is available to everyone. Right now you can play absolutely free and without registration. This is a great option for beginners, which will help them understand the gameplay.
At CloudBet Casino does not have a mobile application. However, you will be able to gamble and use other project features on your phone. To do this, just open the official website in your browser and log in to your account.
The Cloudbet Casino website contains more than 5,000 games from leading developers. Therefore, you will definitely not have any problems with the choice of entertainment. Slot machines, Live dealers and other types of games are available around the clock.
To claim your no deposit bonus, you need to activate the promotional code. No deposit bonuses cannot be found in open sources, so such rewards will only be available in mailings from the support team.
Find the latest promotional codes for CloudBet Casino is available in the mailing list from support. Bonus codes are published on partner websites and other resources. You can use promotional codes when registering during registration or at any time in your personal account.
Rocketpot

RocketPot casino is a unique gaming platform that offers its visitors a wide range of entertainment. What adds excitement to the gameplay is the opportunity to receive welcome bonuses from the very beginning and unlock numerous rewards in the future. In this detailed review, we will look at the benefits of crypto casinos and provide step-by-step instructions on how to fund your gaming account.

RocketPot debuted in 2019 and quickly gained popularity. The platform offers players a varied selection of slots created by renowned developers, ensuring a fair and enjoyable gaming experience. RocketPot Casino has an impressive catalog of over 6,000 slot machines from leading providers and provides players with sophisticated technical information for each game.

In addition, RocketPot Casino is licensed in Curacao, which ensures players that they are in good hands when it comes to the quality of the gaming experience. A brand’s reputation is of paramount importance and it is the brand’s commitment to never compromise its integrity or disappoint its customers as this could result in significant penalties being imposed on the company. The Gambling Commission carefully monitors the quality of the gaming experience, ensuring that players have a fair chance of winning, regardless of the size of their bets.

Visit RocketPot
Operator: Danneskjold Ventures B.V.
Launch year: 2019
License: Curacao: 8048/JAZ
Mobile version: Android and iOS
Number of games: More than 6000
Welcome Bonus: 100% + 100 FS for the first deposit
Loyalty program: Yes
Support: Online chat and email:
support@rocketpot.io
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Casino bonuses and promotions

In RocketPot Casino offers its users several interesting bonuses. With their help, you can enjoy the gaming process even with a minimum deposit. After all, your first deposit comes with a 100% bonus + 100 free spins. Deposit money into your account and plunge into the world of gambling, where many lucrative offers from the administration await you.

the RocketPot crypto casino boasts bonuses using a promotional code upon registration, as well as a weekly 5% cashback on lost funds. You can earn 5% on unsuccessful bets. Accordingly, casino clients have the opportunity to make up for an unsuccessful period.

Promotions Rocketpot Casino
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Registration at RocketPot Casino

To register at RocketPot Casino, you need to:

  • Visit the official website of RocketPot Casino;
  • Provide your email address and set a strong password;
  • Select your preferred game currency and indicate your country of residence;
  • Read and agree to the club rules.

Immediately after completing the registration process, players can participate in real money games and access other platform features. Every new player is entitled to welcome bonuses. However, if you wish to opt out of these rewards, you have the opportunity to opt out during the registration process.

RocketPot Casino Registration
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Assortment of slot machines

In the Rocketpot Casino prides itself on its huge selection of over 6,000 slot machines. Players can choose a game that suits their preferences and offers a pleasant experience after a busy day.

The range includes not only online slots, but also options such as poker, roulette, live casino games, instant games, jackpot games and much more. For those who prefer to play without real financial risk, a demo mode is available that allows you to explore the gameplay without the need to register. In demo mode, virtual chips are used that have no real value, which reduces financial risks.

The following studios are represented on the site as developers:

  • NetEnt
  • Nolimit
  • Playson
  • Wazdan
  • Redtiger

The range of games is constantly updated, which gives customers the maximum choice of entertainment. You can not only spin the reels in online slots, but also play roulette or other table games. And for those who like the atmosphere of offline clubs, there is a Live section Casino, the role of the dealer in the games will be performed by a professional dealer via live broadcast.

RocketPot presents games exclusively from trusted developers, which ensures high quality and fair play. For players who want the atmosphere of a regular casino, the Live section Casino offers professional dealer services through live broadcasts.

Games Rocketpot Casino
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Accepted payment methods

RocketPot accepts both cryptocurrency and e-wallets as deposit methods. Players can fund their accounts using a variety of options including:

  • Litecoin;
  • Ripple;
  • Dogecoin;
  • Bitcoin;
  • Tether;
  • Ethereum and much more.

The minimum deposit amount is 5 USDT. For other cryptocurrencies, limits may be different.

By selecting a payment method, players receive a unique wallet address to which they can send cryptocurrency. By selecting the appropriate network and initiating the transfer, funds are credited to their accounts almost instantly, without any additional fees from the casino.

Rocketpot Casino Deposit
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Mobile games

RocketPot Casino is accessible not only from desktop computers, but also from mobile devices. The platform developers have created a special mobile application that provides players with access to all online casino functions. Using the mobile application, players can enjoy real money games, deposit funds, receive bonuses, withdraw winnings and use other services. The mobile application is designed for Android smartphones, and the download process is simple:

  • Visit the official website of RocketPot Casino;
  • Find the mobile applications section;
  • Download the APK file and proceed with installation.

The installation process repeats the installation process of other mobile applications, and the administration made sure that the application was user-friendly and offered access to all services of the brand. This means that players are not limited to playing on a desktop computer and can enjoy the game on the go.

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Support

Rocketpot Casino has a dedicated support team that provides real-time assistance with player queries. In case of any problems or problems, players can contact the support team at any time. The support team is known for their quick responses, ensuring players can focus on their gameplay while still having access to detailed recommendations. Players can contact support through the site’s online chat or email.

The “Contacts” section provides information about all available methods of communication, which allows even beginners to easily immerse themselves in the world of online gambling and get maximum benefits.

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Conclusion

Rocketpot Casino is destined to become a favorite gaming destination, offering the opportunity to try your luck and get tempting bonuses. Launched in 2020, the platform continuously introduces exciting features to enhance the gaming experience and maximize rewards for players.
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FAQ

Yes, RocketPot Casino warmly welcomes new users with welcome bonuses. These include a 100% bonus and 100 free spins on your initial deposit. Users can also access weekly promotions, special gifts and loyalty program rewards.
To enjoy playing for real money at RocketPot Casino, you must be of legal age. Simply register an account, deposit funds using any of the available payment methods, and your account will be credited instantly and free of charge. Once you have topped up your account, you can select a game and test your luck. Don’t forget to get the available bonuses that will enhance your gaming experience.
Rocketpot supports a wide range of deposit methods including Ethereum, USDT, Bitcoin and various other options. Select your preferred payment method and send funds to the specified wallet address.
Certainly. RocketPot Casino allows players to play free demo modes even without registering or depositing funds. Demo mode allows players to develop their gaming strategies without risking real money, as bets are made using virtual chips that have no real value.
To download the Rocketpot mobile app Casino, visit the official website and go to the appropriate section. Here you can download the application on your Android smartphone and enjoy all the functions of the platform through your mobile device. The mobile application repeats the functionality of the web version, ensuring the convenience of the game.
RocketPot has an extensive library of over 3,000 games across multiple genres, including slots, table games, live casino games and more. The extensive catalog offers players a variety of entertainment options, backed by renowned developers to ensure a high-quality gaming experience.
Rocketpot does not offer no deposit bonuses. However, players can access various bonus offers by opening the Promo section. These bonuses include welcome bonuses, tournament entry, and rewards from various promotions.
Players can activate promotional codes through their personal account, and these codes are sometimes published by partners on third-party sites. Additionally, promotional codes can be distributed through brand newsletters or social media.

Decentralization, metaverse, cryptocurrencies, iGaming, independent financial systems – a few years ago, people who talked about them were considered almost crazy, but today they are our future. The era of Web 3.0 had arrived, Whether we like it or not – and we should have started to be interested in its basic principles and vectors since yesterday.

Web 3.0 or Web3 — is a new decentralized Internet where everything is built by users, owned by users, and managed by users. At a time when the Internet space is monopolized by large tech giants, Web 3.0 allows users to dictate their own rules.

At the intersection of technological advancement, Web3 heralds dramatic changes that could upend entire industries and redefine how people interact with digital worlds. This is not just an evolution, but a revolutionary change in the essence of user experience. Looking at the statistics, it’s clear that numerous industries are on the brink of substantial transformation.

The casino area promises to be particularly exciting – this sector is an optimal place to adopt Web3 top features and drive a wave of innovation by redefining the dynamics of user interaction. Nowadays the iGaming business prospers, with an estimated worth of $116 billion in 2017, projected rising to $128 billion by the year of 2023. It could be an outstanding results.

Web3

Among the main advantages:

  • Decentralization. Ownership is divided between developers and users;
  • Minimum of permissions or their complete absence. Each user has equal access to Web3 technology, without exceptions;
  • Own payment system. In Web3, all payments will be made using cryptocurrencies, and users will choose convenient payment methods. This will allow to move away from outdated payment processing tools;
  • Does not require trust. The absence of a third party will allow you not to rely on others, everything will be decentralized based on incentives and economic mechanisms.
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Introduction to Web3

If you’re reading about Web3 for the first time, it can be difficult to grasp its essence right away. How can a network be decentralized? How can users exchange data without intermediaries?

This concept is based on the fact that the World Wide Web is currently a fairly centralized structure managed by corporations such as Google or Meta. They are the ones who prescribe the algorithms for what information to show you when you open your Facebook news feed or make a search query. In particular, these companies allow you to use their services for free in exchange for data about you: your interactions with content, digital habits, etc.

Later, companies use this knowledge to provide access to you to advertisers and, accordingly, to show you their promotional products. This business model is what Web 3.0 ideologues want to change. They believe that information can once again be exchanged from person to person, without the involvement of a third party, as it was in Web 1.0. Usually, an intermediary is needed to verify an action. However, it is possible to do without it thanks to blockchain technology.

Despite the fact that the first manifestations of Web3 in 2023 are already functioning, the idea has not yet been fully implemented. Currently, there are many different projects and areas around the concept of the decentralized Internet that businesses are actively investing in.

So, in 2023, Web3 will include the following components:

  1. Cryptocurrencies. These are digital currencies that are an alternative to traditional money that is dependent on the central government of a particular country. The most famous cryptocurrency is Bitcoin, created in 2009.
  2. NFT. This is a digital asset that can be exchanged or sold. It can be presented as a photo, music, video, or any other work of art. NFT is an abbreviation of Non-Fungible Token, which means “irreplaceable token”.
  3. dApps or Decentralized applications. These are decentralized applications that run on the blockchain and have a built-in mechanism for distributing data across the network. The most famous decentralized platforms are Ethereum, EOS, TRON, and others.
  4. Smart contracts. These are contracts in the format of program code written on the blockchain, which should become an analog of legally certified documents in Web3.
  5. DeFi or Decentralized Finance. This term covers a variety of online platforms that allow exchanging cryptocurrencies, obtaining loans in digital assets, and making deposits.
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Introduction to iGaming

iGaming stands at the intersection of online gambling, presenting itself through websites and mobile apps. At its core, this sector offers users unrestricted access to online casinos, breaking free from the constraints of location or time. Gamblers can indulge their interests wherever and whenever they please.

Gaming, also known as Internet gambling, gained momentum in the 2000s due to technological progress and widespread access to high-speed Internet. Nowadays it’s experiencing heightened productivity, marked by the emergence of new websites, applications, and associated services. iGaming doesn’t seek to replace traditional casinos; instead, it supplements them, offering players additional features and options.

In the modern context, certain Web3 technologies possess the capacity to profoundly influence iGaming, introducing a revolution that extends beyond gameplay to encompass user management and transaction security. Cutting-edge web developments now facilitate the secure storage of player data, mitigating the risks associated with hacking and other forms of manipulation. The incorporation of blockchain technology elevates the security of online transactions, eradicating the necessity for intermediaries, cultivating trust among clients, and paving the way for innovative possibilities. Additionally, decentralization simplifies integration and communication across a spectrum of platforms, including online casinos.

Web3 not only presents unique possibilities for heightened security and reliability, but also instills a sense of confidence regarding the safety of player’s personal data and financial transactions. Overall, the potential of Web3 lies in enhancing the iGaming experience through advanced technologies and robust security measures.

Web3
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iGaming & Web3 combined

Web3’s ascent provides abundant prospects for the iGaming realm, notably through the adoption of blockchain technology. This cutting-edge approach ensures transactions that are both secure and transparent, fortifying player data and upholding the credibility of iGaming platforms.

Web 3.0 introduces the capability to craft tailored gaming encounters via decentralized applications (dApps), streamlining direct player engagements. This pivot towards user data control signals a move to decentralization and self-governance, instilling heightened confidence in game integrity, especially in the domain of online casinos. Additionally, Web3 ushers in fresh prospects for iGaming by ushering in tokenized in-game assets and non-fungible tokens, enriching the overall player journey. In essence, Web3 sets a novel benchmark, championing equity and safety for every participant.

Web3 technology unveils fresh horizons for gaming, empowering the analysis of player behavior and delivering personalized gameplay. Moreover, Web3 facilitates seamless data interchange and player engagement spanning diverse devices, enhancing accessibility and convenience in multiplatform gaming. Ultimately, the integration of Web 3.0 has the potential to transform iGaming into a social venture, unlocking novel prospects for communities and interaction within the online sphere. Given the continual evolution and proliferation of Web3 technology, its substantial influence on the future of iGaming is unmistakable.

Cryptocurrency benefits for online casinos

Cryptocurrency is a digital currency used as a means of payment. The main advantage of cryptocurrency is that it does not depend on inflation and exchange rates, which makes it more stable. Besides, cryptocurrencies have a high level of security and confidentiality, which makes them attractive for use in online casinos.

Other advantages include:

  • Absolute anonymity of transactions;
  • Almost complete absence of betting limits;
  • It is impossible to block an institution that uses cryptocurrencies for payment;
  • 100% security of payments;
  • No losses on exchange rate differences.

Using Web3 technologies can determine the future growth and success of the iGaming industry.

Web3
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Final thoughts

Given how rapidly this topic is developing, I am inclined to believe that this is a revolution after all. Two years ago, it wasn’t even talked about on the sidelines of iGaming and Web3 fusion, but now it’s one of the hottest topics.

To my opinion, the fundamentals of blockchain technology are perfectly suited for a great era of gamification where decentralization, security, tokenization and ownership can play a big part in changing the way we know gamification. We have a unique opportunity to observe and perhaps even actively participate in this development.

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Artificial intelligence and fear of the unknown: what will Web 4.0 be like?

Everyone imagines Web 4.0 in different ways. Someone talks about complete decentralization in almost all spheres of life, someone talks about complete robotization. I am a supporter of the fact that the emphasis will be on the interaction of people with artificial intelligence.

Web 4.0 will open up two sides for us. On the one hand, there will be new opportunities, minimal or no censorship, decentralization, and new financial realities. On another – we will become too dependent on robotization. And when we talk about Web3, we understand that we can track all financial transactions in cryptocurrency with virtual casinos. In 4.0 the level of transparency, speed and reliability of communication on the Internet will increase several times.

Web 4.0 will be the era of augmented reality technologies, companies will reach a completely different level, and the virtual world will be integrated with the real one. The impact of technology is increasing every year, which affects the labor market and people’s psychological health. The transition from Web 3.0 to Web 4.0 will be much faster than the transition from Web 2.0 to Web 3.0. Only time will tell whether society will be ready to accept new reality… so what do you think?