Cryptocurrencies have been on everyone’s lips ever since Bitcoin revolutionized the financial world. Digital means of payment are becoming increasingly popular and their possible uses are no longer limited to investments or payment in online retail. Online casinos in particular are now increasingly relying on cryptocurrencies, as their use in gambling offers plenty of advantages - both for the casino and for the customer.
After Bitcoin and Ethereum, more and more so-called Alt-Coins are establishing themselves as a recommended means of payment in online casinos. This guide deals specifically with the cryptocurrency Cardano and its possible uses in the casino. Because the currency offers great potential for players!
In the following article you will find out everything you need to know about Cardano. We will explain to you what makes the cryptocurrency so special, what Cardano casinos are all about and whether it is worth playing in a Cardano casino for you!
The best Cardano casinos
What exactly is Cardano?
But before we get into the topic of Cardano Casino, we would like to explain to you exactly what Cardano is all about: Cardano is actually a blockchain platform that focuses on the execution of smart contracts specialized. But that is only mentioned in passing. We would now like to focus on the crypto coin belonging to the same company: It is also called Cardano, ADA for short, and was developed in 2017 by the Ethereum co-founder Charles Hoskinson.
Fun Fact: The Cardano coin is abbreviated to ADA for a reason. The currency is named after Ada Lovelace, a 19th-century British mathematician who is touted in some quarters as the world's first "computer programmer".
The digital currency Cardano is bursting with potential to increase in value. Just a few weeks after the ADA token came onto the market, it immediately experienced a huge boom and developed into the new “shooting star” of the crypto scene. With a market capitalization of over 27 billion US dollars, Cardano currently ranks in a respectable 8th place worldwide (as of March 2022).
The stated goal of CEO Charles Hoskinson is to correct all the disadvantages of his former hobby horse Ethereum at Cardano. And it is not without reason that Cardano is now referred to as the "Ethereum Killer". The ADA coin is ahead of other cryptocurrencies in a number of respects: you could almost compare the further development of the currency with a scientific process. Independent reviewers come into play when researching and solving problems and weaknesses that Cardano may have in the future. They evaluate potential changes to ensure quality assurance.
At Cardano, things are similarly professional as in research, drug development, or other scientific areas. Of course, this has a very positive effect on the currency! Above all, scalability, security, the actual possible uses in practice and the social and economic integration are like that with Cardano advanced, like hardly any other crypto coin.
Good to know: Crypto currencies such as Bitcoin or Ethereum currently still rely on the Proof-of-Work algorithm. This means that miners use the computing power of their own computer to power the blockchain. Although this ensures a high level of security for transactions, it is extremely energy-intensive! In contrast, Cardano uses what is known as a proof-of-stake algorithm. Computationally intensive mining processes are therefore a thing of the past with the ADA token. Cardano therefore uses significantly less energy than other crypto coins - can even be described as sustainable! Especially environmentally conscious players should seriously consider a Cardano casino.
In summary, Cardano can be described as one of the most promising and innovative cryptocurrencies - which of course is also ideal for use in online casinos.
The best ways to get to Cardano
Unlike most cryptocurrencies, it is not possible to generate Cardano tokens through so-called mining. Here it is important to understand that the Cardano blockchain is not based on mining but on staking.
Briefly explained: Staking is a certain process: Crypto holders make their coins available temporarily so that the blockchain can be further written - in return they receive a reward ( usually in the form of other coins).
It is therefore very possible to generate passive income with Cardano without mining. However, a certain start-up investment is necessary.
But if you are mainly looking to play with the cryptocurrency in a Cardano casino, we will now show you the most convenient and safest way to get ADA tokens:
Although Cardano is not quite as well known as its great role model Ethereum, the coin is traded on pretty much every established crypto exchange. In the open market you can buy the token on exchanges such as Binance, Bitpanda, Coinbase or Exodus. As already mentioned, the market capitalization of Cardano is very impressive for such a young coin, but nevertheless far below that of Bitcoin, Ethereum & Co. So one can say that it is still relatively cheap to buy Cardano at the moment. On the one hand, you can build up the starting capital for playing in the Cardano Casino of your choice without much effort. On the other hand, this fact also offers you an interesting investment opportunity.
What are the advantages of a high-quality Cardano Casino?
Compared to other online casinos, a Cardano casino has some characteristics that you can use to your advantage!
1. Cardano offers the highest security standards
Of course, the fact that Charles Hoskinson created the digital currency speaks volumes for the security of Cardano. As an Ethereum co-founder, Hoskinson is brimming with experience in the crypto world and has also used his extensive know-how with Cardano. Cardano works with "peer reviews", a scientific quality assurance measure. This means that the currency is constantly under the observation of independent experts and can therefore be classified as extremely safe! Of course, this also applies to gambling at Cardano Casino!
2. Cardano enables quick and easy transactions
Deposits and withdrawals with the ADA token work just as easily, securely and conveniently as with all other crypto coins. This is where the advantages that Cardano offers for playing in the online casino are particularly noticeable. If you have found a suitable Cardano casino, you naturally want to start playing immediately. While transfers can often take a few days, after making a deposit with Cardano tokens, you can jump straight into casino fun.
Of course, the same applies to payouts: If you want to see your winnings in your account as quickly as possible, a Cardano casino is the right place for you.
3. Cardano is a sustainable cryptocurrency
Are you looking for an environmentally friendly alternative to other crypto coins for your online gambling? Then a Cardano Casino is the perfect option for you! Due to the proof-of-stake algorithm, the ADA token is much less energy-intensive than proof-of-work coins like Bitcoin. This means that you can play much more sustainably in a Cardano casino and also do good for the environment.
4. Cardano gewährt ein hohes Maß an Anonymität
In a Cardano casino, hardly any personal data needs to be given to start playing. E-mail address, username, password and your wallet ID are enough for a safe and anonymous casino experience. Even if you want to have your winnings paid out, you only have to name the ID of your crypto wallet. But not the real name of the owner. This ensures that it is hardly possible for third parties to find out your sensitive data. A Cardano casino offers a high level of privacy!
How do I recognize a reputable Cardano Casino?
1. Cardano Casino game catalog and license
A Cardano casino with an innumerable number of slot machines is undoubtedly attractive - however, these slots must also be regulated by an internationally renowned institution! A good indicator of the seriousness of a Cardano casino is its gambling license. If you scroll down on the provider's website and click on "Legal" or "About Us" you should be able to see the license of the online casino.
Tip: A Cardano Casino that has a license from Malta or Curacao is to be considered very reputable. In order to obtain a gambling license in these countries, online casinos must guarantee fair play!
2. Cardano Casino provides help through a customer support team
Es kann vorkommen, dass Fragen zu Ein- und Auszahlungen oder Bonusangeboten usw. auftreten. Aus diesem Grund ist es ausgesprochen wichtig, dass ein Cardano Casino möglichst viele unterschiedliche Kanäle für den Support anbietet. Ein solides Cardano Casino sollte also sowohl über eine FAQ-Seite, als auch einen Live-Chat verfügen. Außerdem können noch eine Email-Kontaktadresse und eine Telefon-Hotline angeboten werden. Das Online Casino ist als umso seriöser einzustufen, je mehr Support es Dir anbietet!
1. Where can I buy Cardano tokens?
The ADA token has long been available on all well-known crypto exchanges. Cardano can be purchased on exchanges such as Binance, Bitpanda, Coinbase or Exodus on fair terms.
2. Is there a special Cardano bonus at the casino?
The young cryptocurrency Cardano has not yet fully arrived in the gaming industry. So far, very few online casinos allow deposits with the ADA token.
But: You can definitely use this fact to your advantage! When an online casino introduces a new currency (in this case, ADA) to their repertoire, special bonus offers often occur to mark the occasion. If the Cardano Casino of your choice is still celebrating the launch of the token, you can most likely look forward to lucrative bonus offers!
3. Is Cardano accepted by every online casino?
Unfortunately, the wide acceptance that the ADA token enjoys on the open market has not yet spilled over to the gaming sector. As already mentioned, very few online casinos have become aware of the Cardano coin as a means of payment. However, there is a consensus in the industry: Soon, most crypto-friendly gambling sites will have Cardano on offer.
4. Is a Cardano Casino right for me?
If you would like to play with a young, solid cryptocurrency in the casino, you can use Cardano with a clear conscience. Especially important to mention: Your ecological footprint will also thank you if you play with Cardano. Compared to other cryptocurrencies, the ADA token is considered a "green alternative" - it does not consume nearly as much energy. So if you attach great importance to sustainability when gambling online, Cardano is definitely a good choice for you!
Conclusion: Cardano Casinos - optimal for players for whom security and sustainability are important
Currently, Cardano seems to be in the fast lane in the cryptocurrency world! Many characteristics of the ADA coin speak for its solid future. Cardano’s cost-effectiveness and energy efficiency are particularly important here. So if you are looking for a highly secure and sustainable gaming experience, a Cardano Casino will meet your needs.
Although the gaming industry has not yet fully become aware of the potential of the ADA, a handful of online casinos are already recognizing the many advantages of the young cryptocurrency. We would now like to introduce you to the best providers:
The best Cardano casinos
1. Fairspin: Large selection for long-term gaming fun
The most important advantages at a glance:
- Profitable welcome package
- Play with provably fair technology
- Quick registration
- Variety of payment options
To start we would like to talk about Fairspin: Opened in 2018, Fairspin Casino was the first platform to offer players additional fair play control based on advanced blockchain technology.
The strengths of this casino consist of a wide range of almost 5,000 exciting games, a generous welcome package and an enormous variety of payment methods (including Cardano).
Fairspin is without a doubt one of the best crypto casinos out there.
2. Trueflip: Attractive cashback
The most important advantages at a glance:
- Good bonus offer
- Numerous cryptocurrencies (e.g.: Cardano)
- Top licence from Curacao
- High quality casino games
- Simple registration process
Trueflip is in second place in our Cardano casino ranking: This casino attracts new customers with a considerable cashback bonus. At Trueflip the cashback bonus is 10%. This means that if you lose 10 EUR, 1 EUR of that will be refunded to you automatically.
In addition to the cashback bonus, Trueflip shines above all with its game selection. Numerous high-quality online slot machines can be found in the online casino's portfolio. For example, players can enjoy the popular "Viking Clash" or "Book of Dead".
3. Cloudbet: Lucrative bonus offer for new customers
The most important advantages at a glance:
- Extensive welcome bonus
- 300 free spins with a minimum deposit of 50 EUR
- Lots of games from popular developers
- 2 (!) gambling licenses
- 24/7 live chat
Third on our list is Cloudbet: this Cardano casino offers new players a 100% deposit bonus up to 50,000 ADA. The payment of the Cloudbet bonus follows a special system. Players earn Loyalty Points for each round of play in a casino game. For every 150 loyalty points earned, 20 ADA will be transferred directly to your Cloudbet account. On top of that you also get 300 free spins! In addition, the game selection is extremely wide. So you can be sure: The right game for you is definitely included!