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Are Crypto Casinos a thing in South Africa?

Crypto casinos are becoming increasingly popular among South African players due to their numerous benefits. Recent reports show that Africa has one of the highest global adoption rates for crypto. The continent witnessed a remarkable 1,200% growth in value between July 2020 and July 2021. The magnitude of crypto adoption in Africa is creating abundant […]

17-05-23 12:31
lotteries
The Magnificent Seven: Top Lotteries in International Casinos; Image; SA People Media Library

Crypto casinos are becoming increasingly popular among South African players due to their numerous benefits.

Recent reports show that Africa has one of the highest global adoption rates for crypto. The continent witnessed a remarkable 1,200% growth in value between July 2020 and July 2021. The magnitude of crypto adoption in Africa is creating abundant opportunities, such as crypto casino gaming.

THESE INCLUDE:

PRIVACY AND ANONYMITY

One of the major reasons why crypto casinos are becoming more popular in South Africa is due to the privacy and anonymity they offer. Traditional online casinos require players to provide their personal and financial information. This can be a concern if you want to keep your identity hidden.

However, you can make transactions without revealing your private details or financial information when playing at a crypto casino. Transactions made using cryptocurrencies are also recorded on a distributed public ledger, which provides transparency while still maintaining user privacy.

Additionally, some crypto casinos offer rewards in the form of cryptocurrencies. They are a valuable investment opportunity for players who believe in the long-term prospects of crypto.

INVESTMENT OPPORTUNITIES

Crypto is a relatively new and volatile asset class, meaning its value can fluctuate significantly. This volatility presents an opportunity if you want to invest in cryptocurrencies and potentially profit from your investment.

Some crypto casinos even offer you the option to use these digital assets to play games. This is an attractive option for players who want to put their cryptocurrencies to use.

ACCESSIBILITY

Another reason why crypto casinos are becoming more popular in South Africa is their global accessibility. Traditional land-based online casinos are often restricted by geographical locations or regulations, which can limit their reach. But you can access crypto casinos from all over the world, regardless of location or restrictions imposed by local governments.

This global accessibility is particularly appealing to South Africans or players who live in countries where online gambling is restricted or illegal.

LUCKY BLOCK CASINO

Lucky Block Casino is the latest offering from the team that created Lucky Block, a rapidly growing cryptocurrency in 2023. The Lucky Block team has pivoted into the gaming industry and launched a new online casino that accepts Bitcoin and offers many exciting features.

The casino offers a user-friendly interface and an extensive selection of over 2,700 games, including slots, poker, table games, and live dealer games. Many of the games are provided by top-level gaming providers.

Lucky Block also offers a comprehensive sportsbook, allowing you to place bets on popular sports such as football, basketball, and ice hockey. The online Bitcoin casino even has an in-play section providing access to a wide range of alternative markets and a useful “Schedule” area highlighting upcoming events.

When it comes to funding, Lucky Block accepts various cryptocurrencies such as Doge, Ethereum, Bitcoin, and more. The casino recently announced that players would soon be able to finance their online gaming accounts through LBLOCK. Additionally, the Lucky Block casino has no KYC checks, enabling you to maintain anonymity while gaming.

CLOUDBET

Cloudbet offers a range of online gambling options, including betting on casino games, major sports, and e-sports. Cloudbet has earned a solid reputation in South Africa. It holds all customer deposits in cold storage, ensuring maximum security.

The platform boasts a user base of over 10,000 customers and accepts deposits in 30 cryptocurrencies. Sports betting is a standout feature at Cloudbet, offering access to a broad range of betting options. Getting started is easy, with a minimum deposit of just 0.001 BTC (approximately 295 ZAR.)

Cloudbet has attractive welcome incentives for South African players. New players can take advantage of a 100% deposit match, up to 5 BTC.

Registering on Cloudbet is a straightforward process, and the platform provides round-the-clock customer support. The online crypto casino supports instant transactions, making it an appealing choice for South African online casino players.

WINZ IO

This crypto casino is highly popular in South Africa that stands out for its special welcome bonus. New users can claim 300 free spins without any wagering requirements. Moreover, there is no limit on winnings.

Winz.io also offers a live casino bonus with a 10% daily cashback and accepts most major cryptos for account funding.

Winz.io features thousands of provably fair games. These games complement its sportsbook and tournaments, providing players with endless entertainment options. Additionally, it is one of the top Bitcoin casinos that run frequent lottery draws with exciting prizes, including free spins and cash rewards of up to $1,500.

BCGAME

This crypto casino accepts over 30 digital currencies and features an extensive collection of popular games, including lottery-style games, live dealers, and casino games. Its comprehensive sportsbook covers a variety of markets in top global leagues.

The platform also has dedicated sections for virtual sports and in-play betting. You can also share gaming strategies with other players via the P2P live chat box.

You can enjoy up to 360% matched deposit bonuses on your first four deposits, besides the Rakeback and recharge bonuses. The platform also features a ‘Task Hub’ where you can complete certain tasks and earn extra prizes.

BCGame rewards its loyal players through the ‘VIP Club’ feature. You can receive numerous exciting gifts and benefits including a VIP host when you play actively on BCGame.

ALSO READ: The Rise of Crypto Gambling in South Africa