Binance Coin Casinos 2024
The Binance Coin, also known as BNB, serves as the digital currency for the prominent crypto-exchange Binance. It should come as no surprise that BNB is gaining widespread acceptance and establishing itself as a significant player in the realm of cryptocurrency transactions, including those related to online gambling. Being the primary token utilized within the Binance platform for covering transaction fees, BNB adoption rates have been impressive, leading to a substantial surge in its value during the 2021 market rally, with prices rising from approximately $20 to a remarkable high of $690. As of September 2022, BNB’s value hovers around $300, boasting a market capitalization of $43.4 billion.
Undoubtedly, BNB stands as one of the top cryptocurrencies available today, although its use within the realm of online gambling is still relatively new and developing, especially when compared to more established cryptocurrencies such as Bitcoin and Ethereum. To assist you in getting started, we have compiled this comprehensive guide to BNB Casinos.
BNB has gained a reputation for its stability, as its price has shown less volatility compared to other popular cryptocurrencies such as BTC and meme coins like Doge. Binance, the platform that offers BNB, also provides a genuine stable coin called BUSD, which is backed by the US dollar at a 1:1 ratio.
Leave it unchanged
If you are a fan of online gambling and reside in Singapore, finding the best real money casino can be quite a quest. With the vast array of options available, it’s essential to choose a reliable platform that guarantees a secure and entertaining experience. In this detailed review, we will explore an exceptional online casino specifically tailored for Singaporean players: MontyCasinos.
MontyCasinos is recognized as one of the top-notch online casinos in Singapore, providing an extensive collection of real money games and an unparalleled gambling adventure. With its user-friendly interface, secure payment options, and generous promotions, it has gained immense popularity among players in the region.
One of the key factors that set MontyCasinos apart from the competition is its vast selection of real money games. Whether you are a fan of classic casino games like blackjack, roulette, and poker, or prefer the thrilling experience of slots and live dealer games, MontyCasinos has it all. The platform collaborates with renowned software providers, ensuring exceptional graphics, captivating gameplay, and fair outcomes.
When it comes to the safety of your funds and personal information, MontyCasinos goes above and beyond. The platform utilizes top-notch security measures, including state-of-the-art encryption technology, to ensure that all transactions and data exchanges are fully protected. This guarantees a worry-free gaming experience, knowing that your privacy and financial details are in safe hands.
MontyCasinos understands the importance of fair play and transparency in online gambling. Its games undergo regular testing and auditing by independent third-party agencies to ensure the fairness and randomness of the outcomes. This commitment to fair play grants players peace of mind, knowing that they have a genuine chance of winning and that the odds are not stacked against them.
Signing up at MontyCasinos is a breeze, with a seamless registration process that takes just a few minutes. Moreover, the platform offers a wide range of convenient and secure payment options to cater to various preferences. Whether you prefer credit/debit cards, e-wallets, or bank transfers, you’ll find a suitable method for smooth deposits and withdrawals.
In addition to its remarkable gaming selection and robust security features, MontyCasinos offers generous promotions and bonuses to enhance the overall gambling experience. From welcome bonuses for new players to exclusive loyalty programs for regular customers, the platform rewards its players for their loyalty and provides added value to their gameplay. Make sure to keep an eye on their promotions page and capitalize on the exciting offers.
In conclusion, MontyCasinos stands out as the premier online casino for real money in Singapore, where players can delve into an exceptional gambling adventure. With its extensive collection of games, top-notch security measures, and rewarding promotions, it establishes itself as the go-to platform for Singaporean players seeking entertainment and real money opportunities. Visit MontyCasinos at real money casinos and experience the thrill of online gambling like never before.
Contents
Top BNB Coin Casinos in 2024
The adoption of BNB coin in the world of cryptocurrency casinos has been swift. Currently, there are a number of outstanding crypto casinos to choose from, such as Stake, Bitstarz, and Playamo, when it comes to gambling with BNB.
⏱ The information regarding the brands and bonuses mentioned above was last updated on January 8, 2024. We regularly test and verify the reliability of these casinos to provide you with the most up-to-date information. However, there may still be instances where the latest offerings of a casino differ from the information listed on this site.
“More BNB coin casinos will soon become available. A trusted insider source has informed us that the SoftSwiss group of casinos will be incorporating Binance coin as one of their accepted payment methods.”Vienne Garcia – Online Casino Expert
What is BNB Coin?
Introduced in July 2017, the BNB coin serves as Binance’s native token and is specifically intended for covering fees on the cryptocurrency exchange. While it didn’t achieve immediate widespread success, it has firmly established itself in the market over time. The BNB acronym itself represents “build and build”.
Initially, BNB was developed on the Ethereum blockchain before transitioning to the exclusive Binance chain to facilitate quicker trading. However, the Binance chain was not compatible with Ethereum’s smart contracts, leading to the creation of the Binance Smart Chain. In February 2022, the Binance Chain and Binance Smart Chain merged to form the BNB chain. The goal is for it to become the foundational infrastructure for the Metaverse, Defi, and NFTs collectively.
From a technical perspective, mining is not possible with the BNB coin because it operates on a proof of stake consensus algorithm, as opposed to Bitcoin’s proof of work system. Nonetheless, it is possible to acquire BNB coins by staking them. This process is similar to depositing money into a savings account and earning interest over a specific duration.
What future does the Binance coin have in casinos?
The prospects for Binance coins in the gambling industry appear promising. Being the third most valuable cryptocurrency in terms of market capitalization, and being the currency of choice for one of the most widely used cryptocurrency exchanges and wallets, Binance coin has gained significant traction, which has not escaped the notice of casino operators. It is evident that BNB is here for the long run, and many casinos are taking steps to ensure compatibility with this digital asset.
BNB is frequently compared to Ethereum. Despite the low gas fees of ETH, BNB fees are even more affordable. Additionally, BNB holds a distinct advantage over other coins on the Binance platform due to its native integration within the Binance ecosystem. For users on Binance, the BNB chain consistently offers the most competitive withdrawal fees. In essence, the Binance coin presents an exceptional payment option for financing your casino bankroll.
Where to Buy BNB Coin
With BNB being the official cryptocurrency of Binance, the most convenient option is to purchase it directly from the Binance exchange. Binance also provides the opportunity to earn additional BNB through staking. However, there are alternative crypto exchanges where you can acquire the Binance token, with the main ones being:
Nevertheless, it is important to note that BNB cannot be purchased on Coinbase. The Coinbase wallet application recently introduced the capability to perform swaps on the BNB blockchain using decentralized exchanges. However, in order to execute the swap, you must already possess BNB tokens.
Engaging in gambling activities with BNB is remarkably simple. The crucial step is to find a suitable casino that meets your requirements. Subsequently, you only need to initiate a deposit into your casino account to commence betting. This can be done easily through the casino’s website, following these straightforward steps:
Usually, it takes about 5 to 15 minutes for the transaction to be processed, depending on the network’s level of activity.
Pros & Cons to BNB Casinos
1.) What are the advantages of Binance coin casinos?
The benefits of utilizing the Binance coin at gambling establishments are manifold. Players will experience all the features that make cryptocurrency gambling so appealing, including generous betting limits, fast cashouts, top-notch security measures, and an extensive selection of entertaining games. Furthermore, the BNB coin offers its own unique advantages:
It is evident that several of these perks are directly linked to utilizing Binance as your preferred cryptocurrency exchange.
2.) What are the disadvantages to gambling with BNB?
If you are planning to gamble with BNB tokens, what factors should you consider? The primary drawback of using BNB instead of BTC, ETH, or even LTC is that it is not as widely accepted within the casino industry.
Initially, the adoption of BNB tokens at crypto casinos was relatively slow due to the tokens being limited to the Binance chain and not compatible with other blockchains. However, as the BNB chain has been developed, the original BNB ERC 20 tokens have gradually been replaced by BNB BEP 2 coins, which has opened up more opportunities for the coin. As a result, we anticipate that more casinos will include BNB as a payment option in the future.
What are the different Binance Tokens?
The cryptocurrency industry is renowned for its rapid innovation. Over the years, the Binance chains have seen numerous advancements, resulting in a variety of Binance tokens that are specific to each chain:
It is crucial to note that certain tokens may only be accepted by specific casinos. For instance, Stake Casino currently only accepts BNB coins on the BSC chain, whereas Fairspin Casino welcomes all the tokens listed above.
Limits at Binance Coin Casinos
Many high rollers enjoy engaging in crypto gambling due to the generous betting limits it offers. When it comes to making deposits, there are practically no restrictions on the maximum amount you can deposit. However, what if you prefer to keep things more low-key?
The great news is that the minimum deposit limits for those using the BNB coin are also relatively lower compared to depositing with traditional currencies like the US dollar. For instance, at Fairspin, the minimum deposit using BNB is only equivalent to $2.77 US, which is significantly lower than the usual minimums of $10 or $20.
This provides players with ample flexibility. However, it is important to remember that you should deposit enough to truly engage in gambling. The minimum BNB amount won’t take you very far as it only covers the network fees. Ultimately, we are all here to have an exhilarating experience with real money gambling, rather than just paying fees!
Games at BNB Casinos
While banking is essential, casinos offer more than just efficient transactions. They are also destinations for entertainment. This means that at BNB casinos, you can also enjoy various casino games with the BNB coin. To put it simply, the availability of games depends on the overall offerings of the casino, rather than the specific cryptocurrency you use. On the sites mentioned on this page, you can find a wide selection of casino games in all the main categories:
Crypto games feature Provably Fair games, such as Crash and Plinko, which are more reminiscent of arcade games than traditional casino games and are extremely popular.
Stake Casino offers a range of Provably Fair games.
Tips and Tricks for gambling with BNB token
When it comes to wagering with BNB, the process is quite similar to gambling with other cryptocurrencies. The main task is to locate a casino that allows the use of the specific coin you desire, and it cannot be stressed enough to select a trustworthy crypto casino. Apart from this, there are a few BNB gambling recommendations that will prove beneficial:
What alternatives are there to the Binance Coin for gambling?
Despite its rapid adoption, the Binance Coin is still not widely used in the realm of online gambling. If you enjoy exploring different platforms, it is advisable to explore other cryptocurrencies that are more commonly accepted as payment methods at online casinos. Some of the top options include:
The crypto gambling scene has evolved significantly since its early days when Bitcoin casinos dominated the market. Nowadays, many crypto casinos also accept Ethereum, Litecoin, Ripple, and Tether.
BNB Casinos FAQ
1.) Can I purchase BNB from other platforms besides Binance?
While the BNB token is primarily associated with Binance, it is possible to acquire BNB from other platforms. Popular alternatives include Bitpanda and Exodus, or you can explore decentralized exchanges (DEXs) like Pancake Swap and Sushi Swap. It’s important to note that when purchasing BNB from a DEX, you will need a compatible wallet that supports the Binance Smart Chain.
For individuals who are new to cryptocurrency, we typically recommend using a user-friendly platform such as Binance, as it is designed to be easily accessible to anyone. DEXs require a bit more setup, but they are definitely worth exploring once you have a solid understanding of the basics and are comfortable with how cryptocurrency works.
2.) Can I play Bitcoin games with the Binance coin?
Indeed. The reason why these games are referred to as “Bitcoin games” is simply because Bitcoin has long been associated with cryptocurrency. However, the cryptocurrency world has evolved significantly since then, and now, many casinos accept Binance Coin (BNB), which means you can utilize it to play not only Bitcoin games but also any other game available on the platform, such as Bitcoin slots, blackjack, and more.
3.) How can I earn free BNB coins?
One method for increasing your coin supply and earning more BNBs is to participate in coin staking on the Binance platform. By staking your coins, you commit them to a specific project for a set period of time. Within the Binance Earn section of your account, you can explore a variety of staking options that offer different rewards and lock-in timeframes.
Alternatively, there are numerous cryptocurrency wallets that provide interest when you stake your Binance coins in their savings accounts. This opportunity extends to other crypto assets as well. If you are serious about cryptocurrency, it is always beneficial to explore different wallets to maximize your earnings.
4.) Are there BNB bonuses?
While there are no specific casino bonuses exclusively for using BNB, if you come across an offer available in BTC or ETH at a Binance coin-accepting site, you can typically redeem that offer by making a BNB deposit. However, it’s important to note that certain casinos may impose varying maximum amounts that you can claim depending on the cryptocurrency you use.
This information is typically outlined in the terms and conditions of the offer. As a point of reference, BTC bonuses usually have the highest maximum amounts when converted back into fiat currency.
You can also take advantage of the BitStarz bonus using BNB.
Aside from deposit bonuses, you will also have the opportunity to take advantage of and join in on various promotions offered by the casino. Crypto casinos are well-known for their coin drops, tournaments, and cashback deals, allowing you to get even more value out of your gambling experience, whether you’re using Binance coin or any other cryptocurrency.
The Expert Conclusion on Binance Coin
If you’re interested in both cryptocurrency investing and gambling, BNB is a great starting point. It has experienced a significant price increase, going from around $20 to consistently staying above the $200 mark since 2021.
As a native token of one of the largest crypto exchanges, you have the opportunity to earn additional tokens by staking your BNB in various projects. Binance Coin (BNB) is on its way to becoming a popular payment method at crypto casinos. While its initial adoption was slow, with the development of Binance Chain, many sites have quickly added this coin to their banking options, and we expect many more to follow suit. Given its significance in the broader cryptocurrency space, there will be no shortage of gambling opportunities with BNB coins.
Having worked in the online casino industry in Malta for over 10 years, I’ve gained insights into various aspects of the business, from customer service roles to backend operations. Although I am fortunate to call myself a native of the sunny island of Malta, I also enjoy traveling and have explored Canada extensively. After wandering through the vast expanse of the Great White North, I have decided to share my knowledge and now collaborate with Canadian players to create accurate casino reviews, helping them navigate the multitude of online gaming sites.