Best Cryptocurrencies for Gambling in 2022

To gamble with cryptocurrencies, you’ll need to either buy a few of them or otherwise acquire them. One way or another, you might want to spend your money or your time (if you decide to mine them) on this action. It’s not that hard, truth be told. The harder part is deciding which coin you want to gamble with.

The logic isn’t the same as when you invest, not entirely. There is the same financial aspect because cryptocurrencies are volatile whether you handle them on the market or in some other place. But besides this, there are several more factors that don’t have much to do with the market.

Why Pick?

Many casinos, like DuckDice, allow people to store several coins on the same balance. Of course, they are divided based on what currency it is, and they have different uses. There are lots of games that only support one currency, and you’ll need to buy that specific coin to be able to gamble there.

There are many smaller cryptocurrencies that casinos still support by hosting games like EOS dice or BAT crash. They aren’t on the list, but they are also not completely irrelevant.

Bitcoin (BTC)

Bitcoin is the usual choice, naturally. It is one of the better options because it’s supported by the majority of casino games. What’s more, it remains one of the less volatile cryptocurrencies. It still doesn’t feel good at the moment, but you can trust it not to tank in a short period of time that you’ll be using it for bets.

Ethereum (ETH)

Ethereum is the second most popular option, also unsurprisingly. It is the most valuable coin on the market, barring Bitcoin. Most people that don’t use Bitcoin will use Ethereum. As such, a lot of games also support this currency – and it’s actually disproportional because on every ETH game there are about 3 BTC games.

It isn’t as stable as Bitcoin, which is a downside. It isn’t as dramatic, but you don’t want to hold onto it for a longer-than-needed time.

Tether (USDT)

Tether is a token pegged to the value of the United States Dollar. During its long history, there have been only a handful of moments when it was different from the current value of USD. It’s almost always 1:1, which makes it an outstanding stablecoin used all over the place.

It is one of the more valuable currencies, and there are still many games that support Tether specifically. There are fewer of them, but you can still find them. And, unlike BTC and ETH, it’s absolutely not volatile.

USD Coin (USDC)

USDC is another stablecoin pegged to the value of USD. It’s not particularly different from Tether in any way. They have more or less the same capitalization, the values are obviously very similar, and neither is substantially more popular than the other. So, it’s only a choice of what’s available to you.

Tron (TRX)

Tron is a tempting token that hasn’t been losing value as much as other cryptocurrencies, which makes it one of the safer options. A lot of casinos support it and offer games for TRX – if not for TRX holders, then for people who use it at work. It’s a token used by app developers in the crypto entertainment industry.

Binance Coin (BNB)

BNB is one of the most successful alternative currencies (basically anything that isn’t Bitcoin) as of late. It’s essentially a token that represents the Binance crypto exchange. It’s tied securely to the value of this platform. Since it’s still pretty successful, a lot of people hold onto it.

Its glory days have long passed, but it’s still a pretty lucrative find.

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