Dogecoin Casinos

Why play at Dogecoin casinos?

Well, aside from the fact that it is lots of fun to play using a meme cryptocurrency that people still wonder how it got so popular, there are actually many advantages the allow Dogecoin to still be a trending token, even after more than half a year since its exceptional surge in popularity. We will also be comparing some of the factors with Bitcoin for a more simple connection.

We will never stop mentioning how important privacy is, which is the reason for so many people to explore the cryptocurrency market. Just like most other decentralized cryptocurrencies, Dogecoin is also one, and there will be no mediator such as a financial institution. For this reason, you will not be required to provide anyone with your personal information when it comes to buying and selling Dogecoin, while you also won’t need extremely detailed personal information to be provided to most crypto casinos, assisting you in keeping your privacy.

If you compare the transaction fees between Bitcoin and Litecoin, you will find out that they are so much lower. It should, however, be added that some crypto casinos have additional fees, so be on the watch out for that. For example, at the moment, the average cost of a Dogecoin transaction stands around $0.60, which is way lower than the average for Bitcoin, which moves at around $4 and $2, although it often moves to the double digits due to the option of choosing how fast you want the transaction to happen. This allows for multiple deposits and withdrawals with the extraction of the worries about accumulating high fees in the long run.

Aside from the transaction fee, the transaction speed of Dogecoin itself is exceptional, when compared to most other cryptocurrencies. For starters, block times for Dogecoin are 1 minute, which is lower even than Litecoin’s 2.5 minutes (which is widely agreed to be one of the fastest transaction speeds). And if you want to go further, you can compare that to Bitcoin’s block time, which is 10 minutes. This just shows how fast your crypto account’s top-ups and cashouts straight to your crypto wallet will be happening.

Availability is something we cannot overlook as well. Similar to all other decentralized cryptocurrencies, Dogecoin is also available worldwide. This can happen, as no government can tamper or really control any transactions happening under their jurisdiction, especially if the person is using a VPN service, which will also further increase their privacy’s safety.

If you ask us, the general idea of the crypto community coming together to have some fun is also an advantage, as that allows for more people to be connected and involved, thus, potentially reaching higher value, which can be translated into better cash-outs from crypto casinos, where the real fun is.

PROS

Anonymity – Everyone’s favorite factor. The whole idea of remaining anonymous while playing at crypto casinos and using Dogecoin is something that remains a priority for players. Due to the fact that you will not need to provide any personal information when purchasing and making Dogecoin transactions, alongside the fact that most crypto casinos will not require detailed personal information, allows you to stay safe and keep your privacy.

Extreme Transaction Speed – It is a well-known fact that Dogecoin has one of the highest transaction speeds when compared to all the competition. Dogecoin has a block time of 1 minute, which means that this is the maximum amount of time you will have to wait before you see any movement from your wallet to your crypto account’s balance or vice versa. This, when compared to Bitcoin’s 10 minute block time, is mind-blowing.

Barely Noticeable Fees – Everything surrounding Dogecoin’s transactions is far ahead of the competition’s offerings. The transaction fees never reach $1 and are actually closer to reaching $0.50, as it is, on average, about $0.60. This allows you to make a lot of deposits and withdrawals, without being scared of losing money due to fees.

Global Availability – Due to being a decentralized cryptocurrency, Dogecoin is available worldwide and no government can tamper with the transactions or can track your activity, especially if you decide to use a VPN service, which is recommended. This will help you play at most crypto casinos that do not mind the use of such third-party software during play.

Special Offers for Dogecoin – When making deposits using Dogecoin, some casinos will be further encouraging you to do so with promotions such as additional welcome bonuses that will help you top up your account’s balance even faster.

Crypto Games – Casino games developers have recently started implementing the option to play their games using cryptocurrencies such as Dogecoin. It will be even more helpful if the casino you are staying at has a “Crypto Only” section, which usually consists of games that accept a variety of cryptocurrencies.

Expanded Betting Limits – In contrast to games that accept fiat currencies, where there are regulations for how much you can bet, cryptocurrencies don’t have that limitation, which allows developers to increase the maximum amount you can bet, although they also decrease the minimum you can bet, which makes the use of Dogecoin for crypto betting great for both low-risk and high-roll players.

It’s a Meme – Well, after all, even though it involves real money, there is definitely something exciting about the idea of gambling using a “meme” cryptocurrency like Dogecoin, although it has all the characteristics to stay as a viable crypto option.

CONS
Volatility – Just like any other cryptocurrency, the volatility of Dogecoin is quite high, although it has currently reached a more stable state. This means that after you make a deposit, by the time you make a withdrawal, your winnings might be worth significantly less, although it is also possible to have even reached new heights, who knows!

Regulations – Crypto casinos only have Curacao to turn to when it comes to licenses, which is known to not assist players when they are in need, due to fraudulent casinos, which means the chances of getting scammed if you stumble upon the wrong one are definitely higher.

Potential Fad – Dogecoin got all the hype in the world during May of 2021, which means, that if the meme is not upheld by the community, it is possible that the star power of Dogecoin could remain a part of the internet’s history.