Dogecoin is a form of a crypto-currency that allows you to make online casino payments. Just like other cryptocurrencies, Dogecoin is not controlled by a central bank. Instead, it operates from peer to peer. This makes it popular among players as there are no restrictions to online gambling.
Although Dogecoin is not controlled by a central bank, all its online casinos are regulated by well-known gaming commissions. For example, all of our recommended Dogecoin casinos are licensed by commissions like the UKGC, the MGA, and the CCG. To further ensure, safe user experience, Dogecoin online casinos allow you to set deposit limits. This is to encourage responsible gambling.
Like any other crypto-currency, anyone can use Dogecoin. You will just have to download a wallet, set up your account, and start the mining process. The Dogecoin mining process is quite easy. You will first be required to buy the coins from a cryptocurrency exchange service like Coinbase or Kraken. Another way you can acquire Dogecoin is by using wire transfer or by trading another crypto-currencies like Ethereum.
You can play any real money casino games at these Dogecoin casinos. To get started you will first select the payment option from the cashier page. Fill in the required information, including the Dogecoin address and amount to deposit. The deposit process should be instant. What’s more, Dogecoin online casinos do not charge for deposits.
Some online casinos do not offer a welcome bonus to users who deposit using Dogecoin. So, it’s always advisable to contact the customer support before settling for this payment option. Another thing to note is that when you make your deposits, the online casino will convert the Dogecoins to common currencies like the GBP or the USD.
Using Dogecoin eliminates the need for a central bank. So, you will remain anonymous when you make your online casino deposits. Since you don’t have to link a personal bank account to your online casino account, the transactions will not reflect in your monthly bank statements when you choose Dogecoin for online casino payments.
Another advantage of using Dogecoin is that some online casinos can agree to send your winnings to your Dogecoin wallet. So you assured of a safe online transaction process when using Dogecoin- because you have full control of your funds and the wallet account.
Although it’s popular, Dogecoin is not available in several online casinos across the globe. If your preferred online casino does not offer it as a payment option, you can consider using other deposit options like Bitcoin, PayPal, or Skrill. You may also incur a small transaction cost when buying the coins from an exchange service.
Over the years, Dogecoin has gained popularity in the iGaming industry. This is because of how easy it is to use the payment method for online casino payments. Dogecoin is mostly convenient for users who prefer to remain anonymous when making online casino deposits.
It looks as if the online payment processing giant PayPal is about to incorporate cyber currencies into its system; the company has reportedly lodged a patent application with the U.S. Patent and Trademark Office that includes a lengthy description of how it manages virtual currencies, specifically naming bitcoin, Litecoin and Dogecoin. The application’s abstract describes …