MT: Ascending Popularity of Crypto Bonuses: What’s the Secret?

MD: Why do so many casinos introduce crypto casino bonuses, and are they worth it? Let’s discover why these bonuses have become a trend now.

Exclusive Crypto Bonuses as New Casino Offer Trends

Crypto gambling is changing the world of online casinos. Both the number of gambling platforms and players is growing incessantly. Statistics show that the number of crypto holders has increased significantly since 2021, and the combined value of gambling-related cryptos is over $150 million. The success of many crypto gamblers like DRake, who has won a prize worth 83k playing Bitcoin live roulette only contributes to the expansion of this market.

No wonder that online casinos adapt to players' preferences and introduce lucrative crypto bonus offers to attract more gamblers. It has become a new trend in the gambling industry, followed by more casinos every day. But can crypto bonuses compete with real money offers, and what should players know about them? It's time to elaborate on the topic of crypto bonuses now.

Crypto Bonus as a New Casino Trend

Every player looks for ways to maximize their winnings, and bonuses remain one of the most efficient ways to achieve this goal. The extension of payment methods with cryptocurrency resulted in the appearance of crypto-related bonus offers and promotions too.

A crypto bonus is a special offer from a casino that allows gamblers to enjoy betting and winning more without spending cryptocurrency from their balances. Many casinos support crypto deposits and withdrawals, but there are different coins, their volatility level, and a unique way of processing them. 

Cryptocurrency prompts online casinos to launch exclusive promotions for it as well. In fact, these are the same free spins, matches on deposits, cashback offers, and an example of a new online casino no deposit bonus, but they have one peculiarity — they are made in cryptocurrency or received with the help of a crypto deposit.

Reasons For More Casinos to Offer Crypto Bonus Offers

Crypto bonuses have become a modern trend in casinos, but they are not offered occasionally. Online gambling platforms have clear reasons to introduce and promote crypto gambling more actively.

• Growth of the crypto market: Crypto market revenue is projected to reach $51.5 billion in 2024, and the number of digital currency users has already surpassed the 420 million threshold.
• Incentives for players: Strong competition in the gambling market encourages casinos to look for new effective solutions to attract new plates and retain regular ones. Crypto bonuses and promotions cope with this task rather well.
• The simplicity of making crypto payments and their high speed: One of the reasons why crypto transactions have gained such a high level of popularity is their security, instant processing, ease of making, and difficulty of tracking. Casinos have benefited from that by making deposits and withdrawals faster and with very low fees.
• Following the global trends: A casino should be contemporary and up-to-date to be interesting to players, and ignoring such an impressive trend as cryptocurrency is a mistake.
• Potential to benefit from crypto: Some casinos have already incorporated staking and offer players to profit from crypto volatility. By locking some currencies in casinos and wagering them, players can get additional rewards.

Online casinos have followed the world trend of cryptocurrency since they also get great benefit from that. It encourages operators to expand their range of banking options with different assets and even NFTs.

Crypto Bonuses for Players: What to Remember

It goes without saying that gamblers enjoy using casino bonus offers, and crypto enthusiasts aren't an exception. The main advantages they get are the minimization of risks and increased profits. However, there are several more things to keep in mind when you decide to opt for a crypto casino bonus.

• There are different crypto bonus types. Players can get no deposit bonuses in crypto as well as benefit from crypto deposit offers such as welcome, reload, cashback offers, etc.
• Most casinos accept cryptocurrency as a deposit, but they use its fiat currency equivalent for easier calculations on the site, so you may lose on exchange rates.
• There are over 13k cryptocurrencies available nowadays, but online casinos usually accept only the most popular ones, including Bitcoin, Ethereum, Litecoin, Tether, USDT, etc. You need to have the same crypto, which is accepted by the casino, to be able to deposit it. Otherwise, you may lose eligibility for getting a bonus.
• Crypto bonuses are more widely available since country restrictions aren't applied to them in most cases.
• Crypto bonus users can participate in loyalty and VIP programs.
• Cryptocurrency bonuses are usually subject to wagering requirements, so every player who decides to claim one should first read all the terms applied to it.

Players should understand that crypto bonuses bring about incredible opportunities, but it is always important to remember that every bonus holds some conditions in store. Therefore, you should remember these facts to avoid disappointment.

Examples of Crypto Bonuses in Popular Casinos

Many casinos list crypto promotions for players. Let's look at several examples of what you can get from a casino if you make a crypto deposit. Crypto Slots Casino is a digital currency platform that accepts several popular coins and offers different bonuses for their deposits. The first deposit bonus allows getting a 111% match up to a $500 equivalent with the wagering requirement of 35x. The second deposit bonus gives players a 77% match up to $500 with the same wagering terms. The third deposit guarantees a 99% match too. 

Stake Casino offers players who redeem a bonus code a 100% match welcome bonus for a deposit made in crypto. This means that players who make crypto deposits may get the same generous bonus offers, and some casinos make them even twice as lucrative as ones offered in fiat currencies to encourage players to use cryptocurrency more often.

Final Thoughts

Crypto bonuses and promotions have become an integral part of the gambling industry, and their number is growing constantly, offering players new exciting solutions and benefits. Some crypto bonuses may be even more attractive than their fiat alternatives, so it is a great mistake to avoid them since you can get an abundance of benefits by utilizing them. However, always remember, no matter what bonus you use, a crypto or fiat one, you should first read wagering terms!