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The most anonymous cryptocurrencies for gambling


Compared to conventional currency, cryptocurrencies have a greater degree of anonymity, however, if desired, the movement of funds can be tracked. This is due to the fact that all transactions are included to the blockchain system, which is transparent and, if you know the address of the user's wallet, everyone can see where the coins were sent from or to. This information is useless if you do not know who owns the wallet (and we remind you that no personal data is needed to register a crypto wallet). Usually, owners of publicly known wallets (for example, owners of crypto exchanges or media personalities) are afraid of such “surveillance”. However, even in this case, in the world of cryptocurrency, there is a solution that is often used in the Bitcoin Casinos.

Monero (XMR)

Monero is the most popular cryptocurrency in the world which supports anonymous transactions. This cryptocurrency is based on the CryptoNote protocol, which has the algorithm of ring signatures behind it. The essence of this approach is to mix information about transactions at the program level, which allows you to hide the amount, the recipient, and the sender of the Monero transactions. Fortunately, there are enough crypto casinos accepting this altcoin. The most famous are Stake, FortuneJack, and Crypto-Games.

In addition, Monero has several times faster transactions than Bitcoin, which makes it a better option for players who prefer Bitcoin casinos with instant withdrawal.

ZCash (ZEC)

Second most popular among anonymous cryptocurrencies is ZCash. Based on the cryptographic protocol of evidence with zero disclosure, which allows you to save transactions in the blockchain, without disclosing its participants and the amount. At the same time, it allows you to make transactions transparent, which can be useful for corporate accounting. ZCash is accepted by the same above mentioned crypto casinos as in the case of Monero.

VPN use in Bitcoin casinos

For most users of the Internet, online privacy is strongly associated with VPN use. Indeed, it is a great tool that can hide the location of the user who has safety concerns for some reason. But in the case of online casinos, the use of VPN is a questionable decision due to several reasons:

Safety. Not all the services are equally safe. Since VPN software makes a "bridge" between the user and the source (a Bitcoin casino in our case), the data that is passed in such a way is vulnerable, which hackers can take advantage of. Thus, if there is no way to avoid VPN usage, it is recommended to use only popular and time-proven services. For example, ExpressVPN is one of the most reputable VPN providers, which also has cryptocurrency as one of their payment methods.

ID verification. VPN use does not guarantee the casino will not ask you for identity verification, so the players who use VPN service to bypass the casino's location restrictions or account ban most likely will not find much success.

Bottom line

In conclusion, we would like to give a couple of tips from experienced players who can help avoid problems and misunderstandings with withdrawing funds from a Bitcoin casino.

When choosing a site for crypto gambling, pay attention to the presence of an SSL certificate. You can determine this by the lock icon before the site URL in the address bar of the browser. The sign "https" means the presence of an SSL certificate, while "http" - its absence. This is an important technical feature that provides security during data transfer between the site and the user.

If the lack of verification is important for you, contact the casino support before making a deposit to find out whether the identity verification procedure is required for withdrawal of winnings.

It is not recommended to use a VPN for playing in a Bitcoin casino (where the KYC is required), because the information security team of such sites today have the skills to track it.


 





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