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The Top 12 Cryptocurrency Gambling Platforms

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The newest innovation in the crypto field is the development of cryptocurrency gambling platforms. Let's check the top 12 cryptocurrency gambling platforms.

Crypto space has completed dominated the world within the last few years. It has completed changed the way people believed in digital trading. The popularity of this market is increasing day by day. The reason for the success and so much popularity of this space is due to continuous innovations and inventions in this field. One of the newest innovation in this field is the development of cryptocurrency gambling platforms. It would have been rather surprised that someone would have imagined that gambling will not enter in this space. These kinds of platforms usually make bet on happenings. If you win, you get the almighty crypto coin else loses some of your money.

 

Let’s discuss the top 12 cryptocurrency gambling platforms that have impacted the crypto space:

 

1. 1xBit:

1xBit is one of the best platforms one for cryptocurrency gambling. The casino games on this site are fantastic. Most of the betting is done in the domain of sports. You can bet on almost every event of games including leagues and tournaments going all across the globe. Moreover, you can bet of virtual games too. It supports five-minute deposits and accepts dozens of cryptocurrencies. It has the biggest number of game software providers and the sportsbook and competitive odds are very large here. The minimum withdrawal limit is also quite low that is just 3mBTC.

https://1xbit.com

 

2. Fortune Jack:

It is one of the best places to play Bitcoin poker. It has been one of the oldest gambling platforms in the market. Fortune Jack is a registered and licensed cryptocurrency gambling site. They offer a huge number of betting games. The anonymity and exceptional security of the player are guaranteed. All the data is protected through SSL encryption. Apart from it, they also provide bonuses and promotions. It accepts various cryptocurrencies like  BTC, LTC, ETH, Bitcoin Cash etc. The payment is very fast almost within 15 minutes. The customer support is very helpful. However, as per some of the users, few games don’t work on fortune jack.

https://fortunejack.com/

 

3. BitcoinCasino.us:

It is a new addition in the list. Within a very small time, it has become one of the most preferable cryptocurrency gambling platforms. It also supports numerous exciting games. The lightning-fast deposits and withdrawals are amazing features. It accepts Ethereum, Bitcoin Cash, Litecoin, and DOGE. The game selection is very extensive and funny. However, before you withdraw, you need to wager your deposit 3x.

https://www.bitcoincasino.us/

 

4. BetChain:

It is also one of the best cryptocurrency gambling platforms. Like other alternatives, it also has a huge collection of games secures by highly protected security. The user interface and design are excellent. It supports fiat currencies along with cryptocurrencies. The minimum deposit amount is very low. The customer support is very amicable. However, before withdrawing amount, you need to submit an identity proof and often the process of depositing takes half an hour. Apart from these shortcomings, it is so cool to use.

https://www.betchain.com/

 

5. 7Bit Casino:

As per some users, it is not the best cryptocurrency gambling platform but for sure, it is nothing less than the top ones. It supports instant deposit and withdrawals. A huge collection of slots, table games, and live casino games are there. The customer assistance is incredible and 24*7. Huge varieties of fiat and cryptocurrencies are accepted on this platform. It enables multiple payment methods. However, one of the drawbacks of this platform is the poorly designed and slow operating user experience.

https://7bitcasino.com/

 

6. mBit Casino:

It is one of the best crypto casinos. It has a huge collection of exciting games and also provides security. It offers a fantastic sports-betting service on the massive selection of crypto casino games. The customer support is almost 10/10 and very friendly. The payments on this platform are very instants. However, the user interface needs a kind of some polishing. Also, there is a heavy wagering requirement on bonus offers present on the website. It has a very shiny look.

https://www.mbitcasino.com/

 

7. BitStarz:

It is one interesting name on this list. It offers a no deposit bonus i.e. you don’t have to deposit a single cryptocurrency unit and even though they give you free 20 spins. Just you have to log in with a valid email address to claim this bonus. The deposits and withdrawals are instants. The user interface and design are amazing. It has numerous variety of exciting cryptocurrency gambling games. However, the promotions present on these platforms have very heavy wagering requirements.

https://www.bitstarz.com/

 

8. PlayAmo:

Again, this platform provides you with some free cryptocurrency gambling spins. The transactions of deposit and withdrawal are very fact and secured. The games are very funny and rewarding. The customer support service is very helpful and offer live chat. It accepts a wide selection of fiat and cryptocurrencies. These amazing features have led it to be one of the most preferable ones. However, for bitcoin payments, the welcome bonus is not available.

https://www.playamo.com/

 

9. BetCoin:

It is one of the best cryptocurrency gambling platforms. You will find fantastic games here with an almost fair probability of a win. The deposits and withdrawals are very fast. The minimum deposit amount is relatively low. Also, there are not any wagering requirements on the welcome offer. You mind some of the controversies on Reddit, but it has maintained its dignity. However, the website is very poorly designed and as per users, the customer support is not up to the mark.

https://www.betcoin.ag/

 

10. Cloudbet:

It has been six years of innovation of this platform. This platform supports live games betting as well as other casino games such as slots, roulette, blackjack etc. The sportsbook and odds are fantastic. The customer support team is superb. The user interface is intuitive and flawless. However, it only accepts BTC and BTH. Also, there is a limited number of casino games present on this cryptocurrency gambling platform.

https://www.cloudbet.com/en/

 

11. BitCasino:

It is also one of the trusted and popular cryptocurrency gambling platform. The gambling environment is secure and provides some high-quality casino games. It also offers various exciting offers. The payouts are super-fast. The customer support supports live chat for 24*7. The UI is completely modern and intuitive. However, the famous table poker games are not available and you can access this platform only in UK and US.

https://bitcasino.io/

 

12. Oshi.io:

It is one of the non-US player supporting cryptocurrency gambling platform. It is a Japanese-themed casino platform. The game library is very comprehensive. You can build your bonus tools here. It accepts digital and fiat currencies except for the USA Bitcoin gamblers. Due to its uniqueness and secure features, Oshi.io has become one of the most preferable domain in this field especially in Asian countries like Japan.

https://oshi.io/

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Alert: CME Bitcoin Futures Experiencing Record Breaking Volumes

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These days saw the highest and rapid increase ever for Bitcoin futures on the Chicago Mercantile Exchange as the amount exceeded 18,000. Institutional investors are paying attention to this as the bitcoin future contracts get snapped up at an ever-increasing rate.

 

Record of BTC Contract Size on CME:

As per the stats of CME they were 18,338 on Wednesday, which is the highest figure ever recorded till now. This is equivalent to 91,690 Bitcoins or roughly $365 million at today’s prices.

cme-futures-trading-volume

Upcoming contracts enable explorers to bet on the prices rather than to purchase the physical assets. So these figures might be a little misleading.

 

When the new product which offers the physically settled contracts hit the market, they will be paying out in BTC which will drive tremendous momentum for crypto markets. Over the past year or so the expectation of a crypto Exchange Traded Fund (ETF) being launched has been telecasted and dominated the news. The year 2018, has been the year of regulation and cooling off which was only to be expected after the previous year of rampant FOMO and parabolic market action.

 

This year 2019, is expected to be different as many industry experts predict the launch of at least one institutional investment vehicle.

 

As per the Block European exchange giant, Eurex is preparing to launch crypto and bitcoin futures so the list of institutional offerings is increasing rapidly. The cognate exchange is operated by Germany’s Deutsche Börse, which will be offering Bitcoin, Ethereum and XRP imminently according to the report.

 

Exchange traded funds are the future:

In addition to these future products, there is already one type of Exchange Traded Funds that are actually traded through an ETN (exchange-traded note) which allows investors to get direct exposure to Bitcoin prices. The Grayscale Bitcoin Trust (GBTC) crosses the technicalities of buying and storing Bitcoin but still allows investors to get into the action by buying shares that trade at around a thousandth of the price of BTC.

 

GBTC has been highly popular with over $800 million which is already invested in the Bitcoin fund.

 

Furthermore, Bitcoin is the most popular. The fund eliminates the volatility of buying and owning Bitcoin directly which is something that institutions want.

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Elon Musk: Cryptocurrency is the future, Paper Currency going to end.

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CEO of Tesla, Elon Musk, stated that the Day is not far when the paper currency will fade away and shall be replaced by the Bitcoin.

Enthusiastic towards cryptocurrency also the CEO of Tesla, Elon Musk, stated that the Day is not far when the paper currency will fade away and shall be replaced by the Bitcoin. Which clearly means Musk is in favor of the decentralized currency ( also known as cryptocurrency).

 

In one of the episodes of ‘On The Road To Full Autonomy With Elon Musk, which is hosted by Tasha Keeney, the CEO spoke and discussed the developments that Tesla shall undergo and also spoke about the cryptocurrency with regard the future of technology and finance.

 

When Elon Musk was asked regarding Jack Dorsey’s prediction, which was that the Internet shall be witnessing Bitcoin as its native currency soon, Elon Musk answered it and found it interesting.

 

He further said that the idea and also the structure of the Bitcoin is great and it seems like there is some advantage to Ethereum. Elon Musk is not sure whether it will be good for Tesla resources to get into cryptocurrency.

 

Elon Musk also said that Bitcoin and Ethereum scammers were so rampant on Twitter, he decided to join in and He said at one point that he wants to buy some Bitcoin. Then his account got suspended cause obviously there was some automatic rule, he then ended the conversation by saying that he was just joking.

 

A campaign was started by Twitter which deleted several bogus accounts for “coordinated manipulation,” and promotion of cryptocurrency scams, Elon Musk appreciated the website’s efforts.

 

Elon Musk added that the disadvantage of cryptocurrency is that the nature of production is energy intensive as regards to the mining process.

 

Keeney referenced to the terrible financial condition in Africa, where the restrictions on the currency stop the citizens from converting their currencies and forcing them to go through the US dollar. To which Musk replied that cryptocurrency is a far better way to transfer money or value rather than pieces of paper. Paper money is going away.

 

Even after Elon Musk’s positive statement on cryptocurrencies, his recognition for the structure and concept of Bitcoin and Ethereum and his confirmation that paper money will be replaced by the decentralized currency, the Tesla CEO made it clear that his company will not be selling Bitcoins.

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Tim Draper: Bitcoin Mass Adoption till 2021

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Tim Draper said in an interview with the FOX Business on 18th Day of February 2019 that the world will soon start buying coffee by using Bitcoin.

Bitcoin is considered as digital gold or e-gold which has achieved dominance in the field of cryptocurrency. Tim Draper, who is the inventor of the Billionaire Bitcoin, predicted the rapid increase in the growth of the Bitcoin or cryptocurrency in the world and said in an interview with the FOX Business on 18th Day of February 2019 that the world will soon start buying coffee by using Bitcoin. According to his prediction, the world is just 2 years away from when everybody shall start to use Bitcoin.

 

By 2023, Baristas would be laughing at people who shall make the payment of their purchase by using the currency other than the Bitcoin, Tim Draper added.

 

Even after having a large number of Bitcoins, Tim Draper has no plan to trade or sell any of his Bitcoin.

Tim Draper previously claimed and predicted that by 2022, the net value of Bitcoin will reach to $250,000 per coin. The prediction is also said to be the highest prediction coming from the industry of cryptocurrency. But Draper is still not clear on how this rapid growth will take place but he is enough confidence that there will be massive growth in cryptocurrency.

 

Recently the CEO of Twitter, Jack Dorsey also publicized Bitcoin.

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