WHY DO YOU NEED CRYPTOCURRENCIES?

This is a modern form of online payment. Instant transactions with low fees can be carried out worldwide. Although fully understanding cryptocurrency-related terminology can be challenging, the convenience of using them makes it definitely worthwhile.

SECURITY AND FUNDS THAT CAN ALWAYS BE VERIFIED

Every cryptocurrency operation is based on blockchain technology. The blockchain works like a public ledger where anyone can see the transaction history, but no one can change it. The popularity of this technology continues to grow thanks to its high level of security. Governments of many countries also make use of it.

PROTECTION OF YOUR DATA

KYC rules are always described in the FAQ section – you can choose the exchange that suits you best.

LOW FEES

A small fee is charged to confirm a transaction. You can also increase its speed by paying a higher fee.

INTERNATIONAL TRANSACTIONS

Cryptocurrency operations usually reach the recipient in less than an hour, depending on network congestion. This is a huge advantage compared to traditional international transfers, which can take even more than a week.

DECENTRALIZATION

Cryptocurrencies are created based on open-source software, and their development is supported by a broad community of users. The blockchain network has no single owner, so no one can block your wallet or account.

HOW TO PLAY ON BetOnRed WITH CRYPTOCURRENCIES?

CHOOSE YOUR WALLET

At the beginning, choose where you will store your cryptocurrencies. You can choose online wallets, hardware wallets (so-called cold wallets), or storing funds directly on an exchange.

The most popular online wallets include Blockchain.com, Exodus, and Mycelium. Among cold wallets, Trezor and Ledger are the most highly regarded.

BUY CRYPTOCURRENCY

There are two basic types of cryptocurrency exchanges. The first are traditional exchanges such as Binance, Huobi, Coinbase, or Kraken.

The second type consists of p2p exchanges, where trading takes place directly between users, for example on LocalBitcoins.com.

MAKE A DEPOSIT AND ENJOY THE GAME

After purchasing cryptocurrencies, you can transfer them to your BetOnRed account and start playing.

Cryptocurrencies can also serve as an investment – this is a popular and dynamically developing form of capital allocation.

In our casino, we accept many cryptocurrencies. You can deposit funds in Ethereum, Litecoin, XRP, and Bitcoin Cash.