With the introduction of cryptocurrencies and the widespread use of these assets, online transactions have become much easier and quicker. Cryptocurrencies offer a decentralized, secure, anonymous, and efficient way to transfer funds and make financial transactions without the need for intermediaries like banks. Cryptocurrencies often have low transaction fees compared to traditional payment methods, such as credit cards or wire transfers, and can be sent and received anywhere in the world quickly and easily.
This is where native tokens come into play to meet even more specific needs for certain platforms. There are several potential benefits to gambling on crypto casino sites that use their own tokens; such as lower fees, faster transactions, increased security, greater accessibility, the potential for appreciation, and special bonus promotions. We will talk about these benefits in detail shortly. But first, let us move on to the list we have prepared for you.
Top 5 Crypto Casinos with Own Crypto Tokens
Many crypto casino sites serve their customers with their own tokens alongside mainstream cryptocurrencies and provide them with great convenience. That is why we have compiled a list of the top five crypto casino sites that use their own tokens.
Crypto gambling giant BC.Game launched a special currency called BCD (BC Dollar). BCD works like other stablecoins and 1 BCD is equal to $1. You can gamble, tip, exploit coin drops & rain using BCD at BC.Game.
BCD is acquired in two ways, locked and unlocked. Locked BCD is obtained through certain bonuses, such as deposit bonuses and lucky spins. However, unlocking these tokens is easy. It is essentially the same as rakeback and will unlock proportionally through wagering. Here is the formula to unlock BCD at BC.Game:
Unlock Amount = Wager Amount * 1% * 20%
You can also obtain unlocked BCD at BC.Game. As you wager on the site, your BCSwap treasure box will fill with unlocked BCD. Once you fill your treasure box with a minimum of 10 BCDs, you must manually click the “Claim” button, and the unlocked BCD will be transferred directly to your balance. After this process, you can use your BCDs as you wish.
BC.Game also allows you to exchange your BCDs for other cryptocurrencies or fiat money. This process is called BCSwap on the site. The most exciting thing is that the value of 1 BCD is bound to the price of 1 USDT, and you can BCSwap BCD into other currencies at any time.
Another thing you can do with your BDC tokens is staking, which is called “Storing in Vault Pro” on BC.Game. Staking is when you lock crypto assets for a set period to help support a blockchain’s operation. In return for staking your crypto, you earn more cryptocurrency. As mentioned above, players can enjoy up to a 10% annualized rate of return when they store their BCD in Vault Pro at BC.Game.
Crypto gambling site BetFury launched their own token called BFG on BNB Chain. BFG can only be mined by placing bets in any available currency on BetFury. In addition, staking BGF tokens is possible, which is the hallmark of the BetFury project. Once you obtain and hold BFG tokens on BetFury, you can receive a part of the platform’s profit from the staking pool.
BFG is certified by CertiK – the leading blockchain security company. Having the great trust of users, BetFury received the official confirmation of reliability and security.
BFG tokens can also be exchanged on Biswap, CoinTiger, HotBit, Matcha, ApeSwap, Mate, Arken, and Coin98. The price of a BFG token is $0,012582 at the time of writing this article.
The mining price of each currency depends on the USDT exchange rate at Binance and rises after every 25.000.000 BFG tokens mined. You can track how the mining price changes on the staking page. The earlier you start mining, the more tokens you will get. To reduce the load on mining and ensure its correct process, the minimum bet amount for mining BFG is $0,01 in any currency.
Staking is the system of multi-currency daily drops for all BFG token holders. Every 24 hours, the staking pool releases 3% of the total profit of the platform in each currency. The amount is shared among all users who hold BFG tokens. Since its launch, BetFury has never failed a staking payout!
There are 3.279.724.964 BFG tokens in circulation, and 126.96.36.1998 BFGs are staked at the moment. The more BFG tokens, the higher the staking income! Since BFG Tokens are tradable assets, you can buy and sell BFG tokens anytime!
Lastly, BFG tokens can be used for gambling. Players can even get a cashback of BFG tokens on BetFury. Also, the site regularly rewards its players with airdrops full of BFG tokens that you can use in the internal chat room for tipping and more.
Crypto gambling site Rollbit launched their own token called RLB on the Solana chain as an integral part of the Rollbit Lottery. An initial coin offering was not used on the launch, and Rollbit airdropped RLB tokens for free for a while. They aimed to bootstrap growth, incentivize community development, and reward early adopters. However, you can only earn RLB tokens by playing NFT Lootboxes, staking a V1 Rollbot, or revealing a Sports Rollbot as of right now.
The reason for the creation of the RLB Lottery was to increase the demand for the token, and these tokens act as entry tickets that give holders a chance to win a share of the casino’s profits. RLB tokens must be staked to enter the lottery.
An RLB Lottery is held approximately every day at Rollbit. A minimum of 10 RLB tokens must be staked to enter the lottery. The more RLB that is staked, the higher your chances of winning! A small staking fee of 0.20% will be applied for each round.
In the lottery, there are two draws; one for the lottery and one for the jackpot. Both will run simultaneously. Staking RLB tokens puts you in for a chance of winning both. Lottery winners will always be paid out every 100 Bitcoin blocks, with 100 prizes paid out regularly, and the chance of winning depends on the amount of RLB a user stakes. There is a 0.1% chance that the jackpot will be won for every 100 Bitcoin blocks. If the jackpot is not won, it is rolled over to the next round, and the prize pool increases until it is won. The chance of hitting the jackpot increases to 1% in December.
The lottery winners receive their prizes in USD, and each user can only win one prize per round. There will be a total of 100 winners for each round of the lottery and just one winner for the jackpot. The price of an RLB token is $0,00204 at the time of writing this article.
NND is acquired in two ways, unlocked and locked. So, as you wager on Nanogames.io, your NND treasure box will fill with unlocked NND tokens. Once you fill your treasure box with a minimum of 10 NNDs, you must manually click the “Claim” button, and the unlocked NND tokens will be transferred directly to your balance. After this process, you can use your NNDs as you wish.
Locked NND is obtained through certain bonuses, such as deposit bonuses and lucky spins. However, unlocking these tokens is easy. It is essentially the same as rakeback and will unlock proportionally through wagering. Here is the formula to unlock NND at Nanogames.io:
Unlock Amount = Wager Amount * House Edge * 20%
Nanogames.io also allows you to exchange your NNDs for other cryptocurrencies or fiat money. This process is called NGSwap on the site. The value of 1 NND is bound to the price of 1 USDT, and you can NGSwap NND into other currencies at any time.
Another way to utilize your NND tokens is staking, which is called “Storing in Vault Pro” on Nanogames.io. Players can enjoy up to a 10% annualized rate of return when they store their NND tokens in Vault Pro at Nanogames.io.
HUSD is acquired in two ways, locked and unlocked. Locked HUSD is obtained through certain bonuses, such as deposit bonuses. Unlocking these tokens is essentially the same as rakeback and will unlock proportionally through wagering. This is the formula to unlock HUSD at HunnyPlay:
Unlock Amount = Wager Amount * 3.33% * 5%
You can also obtain unlocked HUSD at HunnyPlay. As you wager on the site, your unlocked HUSD balance will fill with unlocked HUSD tokens. Then, you must manually click the “Claim” button, and the unlocked HUSD will be transferred directly to your balance. After this process, you can use your HUSDs as you wish.
HunnyPlay also allows you to exchange your HUSDs for other stablecoins. The value of 1 HUSD is bound to the price of 1 USDT, and you can swap HUSD into other stablecoins at any time.
Benefits of Playing Casino Games with Native Tokens
Here are some of the benefits of gambling on crypto casino sites that use their own tokens:
- Lower Fees: Because native tokens are used within a specific crypto casino site, transactions using these tokens may incur lower fees compared to transactions made with traditional payment methods.
- Faster Transactions: Native tokens may also facilitate faster transaction processing times compared to traditional payment methods.
- Increased Security: Using native tokens can potentially increase the security of online gambling transactions, as they can be more difficult to hack or steal compared to traditional payment methods.
- Greater Accessibility: Native tokens may be more accessible to users in certain regions or countries where traditional payment methods may not be available.
- Potential for Appreciation: Some native tokens may appreciate in value over time, which could potentially provide an additional benefit to users who hold and use them for gambling on the platform. For example, if you hold your native tokens on BC.Game, you can enjoy up to a 10% annualized rate of return.
- Special Promotions: Some crypto casinos run special promotions for their own tokens, and players who participate in these campaigns get even more bonuses than players who use mainstream cryptocurrencies.
In some crypto casino sites, players can not use or obtain native tokens before reaching a certain level, and unlocking takes place after the specified level. However, if you are happy with the casino you have chosen and will continue to play there anyway, this will not be a problem for you.
Is there a downside of playing at a crypto casino with its own token?
Arguably a downside, in order to access more native tokens you need to unlock higher levels. This varies by casino, so we recommend that you check your casino's terms and conditions before making a decision.
Can I swap native tokens for other cryptocurrencies?
BC.Game, Nanogames.io, and HunnyPlay provide this service on their own platform. You can exchange BetFury's native token, BFG, on other platforms like Biswap. Rollbit does not offer this service.
Which crypto casino has the most valuable native token?
Native tokens of BC.Game, Nanogames.io, and HunnyPlay work like stablecoins, and all of them are bound to the price of $1. Native tokens of Rollbit and BetFury have lower values than these.