The Rise of Cryptocurrency in Online Gaming

Learn everything you need to know about crypto gaming in this beginner’s guide.

Bitcoin was the world’s first ever cryptocurrency. Launched back in 2009, Bitcoin has since led to the creation of 22,932 other cryptocurrencies (Forbes), including Ethereum and Dogecoin.

Although cryptocurrencies are generally used for trading purposes, you can also do things like buy shopping items online, book flights to other countries, and much more.

Interestingly, one of the biggest trends right now is crypto gaming. Yep, it didn’t take long for cryptocurrencies to become a part of the gaming universe — and it seems like this trend is going to keep growing in popularity for years to come.

Here’s what you can use cryptocurrencies for when playing online games.

Place Bets

Firstly, you can use cryptos like Bitcoin to place bets when playing online casinos. Specifically online casino games.

Nowadays, lots of online casinos, such as Spin Casino, allow you to play games like online roulette using crypto. The site is fully encrypted, has great sign-up bonuses, and has hundreds of games to choose from. It’s a good example of this safe, secure, and unique alternative to playing with traditional money like the US dollar, which is why thousands of people place crypto bets in online casinos every day.

Remember, it’s not just online roulette where you can place bets using crypto. Additionally, there are online slots, video poker, online baccarat, and many other exciting crypto-friendly games you can play on the internet. Even if you have no previous gambling experience, you can still do this, providing that you’re above the legal gambling age.

Earn Crypto

Here’s some fun news: there are now countless different crypto games on the internet that allow you to play and earn cryptocurrencies.

The way this works is usually like this: you play the game, successfully complete the in-game tasks, and then get rewarded with the chosen cryptocurrency. Not only is this a lot of fun, but it’s a great way for crypto investors to boost their portfolios and make more money.

Some of the most popular crypto games that provide a platform for doing this include:

  • Axie Infinity
  • CryptoKitties
  • The Sandbox

It’s recommended that you check out these games (as well as all of the others) so that you can see which crypto games you like the most. Also, make sure that you choose crypto games that allow you to earn the crypto you’re most interested in. For example, Decentraland (a popular game) allows you to earn the MANA cryptocurrency.

Purchase In-Game Items

Some online games now allow you to purchase in-game items (such as cosmetics and DLC) using crypto. Essentially, instead of paying with the US dollar or your other normal currency, you use crypto instead. It’s a little strange at first and can take some time to get used to, but you’ll quickly start to appreciate how fast in-game crypto transactions are.

Exchange for Other Currencies

Finally, you can sometimes use cryptos in online gaming to trade and exchange for other currencies. If you’re someone who enjoys trading and likes the idea of making a profit using cryptos, then this will definitely appeal to you.

Make sure that you have fun and trade responsibly!

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