Since its popularity explosion in the summer of 2021, NFTS have penetrated various markets, including the online casino industry. The result is a revolutionary shake-up of the industry, with players now standing to benefit from greater chances of winning, safer places to play, a shareholder status, better perks and the chance to win some very valuable Online casinos own.
Best NFT Online casinos 2023
- Name Of Casino
- Review
- Characterize
- Payments
- Bonus
- Minimum Deposit - $10
- Tournaments & VIP Program
- Fast payouts
100% up to 500 EUR + 200 free spins and 1 bonus crab
- Minimum Deposit - $20
- Fast withdrawals
- Live chat 24/7
100% up to 800$ + 200 free spins and 1 bonus crab
- Minimum Deposit - $1
- 500+ casino games
- Approved by eCOGRA
1st deposit - 100% match up to 400
- Minimum Deposit - $1
- Easy to deposit and withdraw
- Fully licensed and regulated
1st deposit - 100% match up to 400
- Minimum Deposit - $1
- Tournaments available
- Live chat 24/7
1st deposit - 100% match up to 300
- Minimum Deposit - $30
- 24/7 support
- VIP program
200% on 1st deposit UP TO €500 + 160 FREE SPINS
- Minimum Deposit - $15
- Instant Play
- Live Games
200% up to 500 euros + 100 free spins on first deposit
- Minimum Deposit - $10
- Unlimited monthly withdrawals
- Offers good security
100% bonus on the first deposit up to 200USD
- Minimum Deposit - $10
- Secure platform
- MGA License
100% Bonus on your first deposit worth up to $500 + 100 Free Spins
- Minimum Deposit - $10
- Low minimum deposit & withdrawal
- Live chat 24/7
100% up to 500Є + 200FS
- Minimum Deposit - $1
- Licensed Bitcoin Casino
- 24/7 support
100% + 100 free spins up to €500 or 5BTC
- Minimum Deposit - $1
- Multiple currencies in one account
- Fully licensed, secure online casino
100% + 200 free spins up to $6000 or 5BTC
- Minimum Deposit - $10
- Multiple payment methods & crypto
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100% + 150 free spins up to $1500 or 5BTC
- Minimum Deposit - $20
- VIP program
- 24/7 support
100% on 1st deposit up to $500 + 100 Free Spins
What is an NFT Casino?
To answer the question of what an NFT casino actually is, we need to start by explaining what exactly an NFT is. NFT stands for Non-Fungible Token. NFTs are basically unique digital creations, such as images or videos, whose ownership and value are captured and confirmed by the blockchain.
While these NFTS can be freely copied, ownership can only be transferred through sale, with the blockchain serving as the public ledger of such transactions. The most accurate analogy is that with traditional works of art. Anyone can obtain prints of, for example, a famous Picasso piece, but only one person can own the original.
When it comes to online casino since then, NFTs are gradually being introduced as a kind of currency, status token and even shares. This paves the way for a new type of online gambling in which the honesty of games can be proven by anyone, no longer just by third parties, and players can benefit from the success of a site much faster than with the typical casino affiliate programs .
How does an Online Casino with NFT work ?
In most cases, NFT casinos work like traditional online casinos, in the sense that players create an account, log in, make a deposit and play for a chance to win great prizes. The introduction of NFTs can be anything; from a small addition to a complete renewal of everything we are used to from online casinos.
In most cases, NFTs are used as currency, instead of or alongside fiat and / or cryptocurrencies, with many sites allowing you to use NFTs to place bets on their casino games for the chance to win. In other gambling sites add their own games in the form of boxes or mini-slots for which you pay to play for the chance to win NFTS of different values.
At some NFT casinos, NFTS can affect the perks you get as a player, such as increased cash back bonus or extra high bonuses other casino sites have created a stock system with their own set of NFTs, allowing players to earn a percentage of the revenue generated just by investing in these unique tokens.
Logic behind NFTS and gambling
A big part of driving the creation of NFT casinos has to do with the growing popularity of NFTs, which have formed many vibZodiac communities around their collection. Since the ownership and value of these tokens can always be verified by anyone through the blockchain, they are seen as a more secure currency.
It was only a matter of time before the online casino industry moved in that direction, catering to what would always be a declining market. In fact, NFT casinos have introduced a more traceable form of betting on games, while also honing in on the popularity of NFTs.
For players, there are many benefits of playing at NFT casinos, including the superiNZDe security and globally verifiable nature of the games, the fact that these sites are decentralized and therefore more reliable and the increased rewards for owning and retaining higher value NFTs.
NFT Casino games and the Blockchain
Blockchain technology is basically the decentralization of existing systems such as the currency markets so that no person or organization has control over them, with the idea that they are therefore inviolable. Being an open, public ledger of transactions that can be verified by anyone at any time, it has become known as one of the most secure systems of our time.
This move away from centralized systems has reached the world of the best online casinos, which currently have many complaints about slow payments , unfair games and unethical practices.
Using a coin system underpinned by the inherent security and verifiability of the blockchain effectively means replacing centralized ownership of the site with player ownership, eliminating these shady practices.
Advantages of NFT gambling
There are actually quite a few advantages to playing at an NFT gambling site, the most important of which we would like to list for you:
- Many NFT casinos record the transactions on the site in real-time, with each betting history being recorded, verified and accessible to everyone at any time.
- There is a much closer community spirit at NFT casinos due to the existing popularity of NFTs and their decentralized nature.
- Acquiring and owning valuable NFTS can unlock special rewards such as bigger bonuses and increased cashback.
- Depositing and withdrawing using blockchain supported currencies is much safer and more verifiable than using traditional fiat currencies'.
Disadvantages of NFT Casino
- The NFT technology may not be suitable for newbies and people with little technical knowledge.
- Due to the high price of Ethereum , NFT based transactions can be expensive.
Play at a Casino online NFT
Playing at an NFT online casino is not much different from playing at a standard online casino, with only a few minor differences than you may already be used to. Let's see how you can join and play at an NFT casino:
- Click on the signup button : At your NFT casino of choice, you will find a prominent button for opening a new account, this is usually a button that says Join or Register.
- Create an account : You will then be asked to enter a few details to set up your new account.
- Place deposit : You can not play for Real Money or win NFTS until you put money in your account. For this you can make a deposit with traditional fiat currency or cryptocurrency .
- Enjoy the spell : You will find many games to play at NFT casinos, many of which are the same games that regular online casinos also offer from well-known providers.
Recommended NFT Online Casino wallets
When it comes to transactions, of course, you want something that is secure. Although you can still add money to your NFT casino account using traditional payment methods such as Show , Mastercard , Google Pay , Apple Pay and other recognizable methods, you will still want something in which you can save all the NFTS you acquire.
Fortunately, there are a number of reliable NFT wallets that are compatible with NFT casinos, which you can use to securely store and check your NFTS and cryptocurrencies. Below you will find a few of the top NFT wallets:
- Coinbase Wallet
- AlphaWallet
- MetaMask
- TrustWallet
KYC process
You might think that because of the secure nature of blockchain technology, online casinos supported by it would not have to be subjected to the burden of Know Your Customer protocols. However, this is not the case.
KYC practices are still required for all licensed online casinos , regardless of the types of currencies used on the site. As such, you are still expected to prove your identity when you sign up at one of these NFT casinos.
However, this process can often be shortened by using an existing account (e.g. MetaMask) to log in or by linking to your bank account via a service such as Casinocasino , which includes an identity check in the sign-up process.
Is an NFT Casino legal?
Since the concept of NFTs in the online casino industry is still very new, it is easy to assume that they are a bit shady and maybe even illegal. The introduction of cryptocurrencies such as Bitcoin and Ethereum through online casinos, however, was very easily accepted by most regulators in the sector. Since NFTs are technically just another form of cryptocurrency, we are unlikely to see a legal reaction against their use in the online gambling industry.
That said, Just because you've found an NFT casino doesn't automatically mean it's a safe place to play. There are still several steps you need to take before joining to ensure your safety online and avoid losing your hard-earned valuables, be it fiat currency, crypto or NFTS.
NFT Online Casino | Frequently Asked Questions
Is an NFT casino safe?
Yes, very safe indeed. Make sure the casino is licensed.
Does an NFT casino offer bonuses?
Yes, this casino bonuses may be different than you are used to.
Can I also pay with fiat currency at an NFT betting site?
Yes, sometimes you can and other times you can convert your currency via the payment provider.
Since when does the NFT online casino exist?
The first NFT casino opened its virtual dNZDen in 2021.
Are all known games available in an NFT site?
Yes, you will find games from the well-known casino providers here.
