For anyone who deals a little with cryptocurrencies, the term Shiba Inu has long been much more than just a Japanese dog breed. In August 2020, the so-called Shiba coin, SHIB for short, was introduced, which has enjoyed increasing popularity ever since and is now also offered as a means of payment in online casinos.
Visually, the digital currency is based on the phenomenon Dogecoin, but it is also based on a dog meme circulating on the Internet . Otherwise, the two coins have little in common. In their basic concept, they even differ greatly from each other. It is not without reason that Shiba Inu is now referred to as the "Dogecoin Killer". The developers of the currency have set themselves the task of compensating for any weaknesses in the Dogecoin and their success proves them right: In 2021, Shiba Inu with its very high market capitalization literally overran the Dogecoin and at the end of the year was already ranked 9th among the most successful cryptocurrencies of all times.
The best Shiba Inu casinos
The sector in which Shiba Inu unfortunately cannot quite hold a candle to its big competitor Dogecoin is the number of online casinos that accept the SHIB as a method of payment. In the meantime, a few casinos have become aware of the Shiba Inu phenomenon and offer their customers various options to play with the coin. But the selection is currently more than manageable. What should not be ignored: The digital currency is still relatively young. It can therefore be assumed that the range of Shiba Inu casinos will also multiply in the near future.
Interesting: Even if the young Shiba coin is generally considered a meme or satire currency, its developers have also devoted themselves to serious topics. Shiba Inu is one of the first cryptocurrencies to support numerous social projects and aid organizations that are actively involved in protecting the dog breed of the same name. With every token you buy, you are also doing good.
Nevertheless, here you can find out everything you need to know about Shiba Inu and whether a Shiba Inu casino is right for you. We will simply explain how you can get Shiba Inu Coins and what advantages you can achieve by using this currency, especially in the casino. We will also go into what makes a good Shiba Inu casino stand out and show you the best providers where you can play with the cryptocurrency.
How to get Shiba Inu?
There are basically two ways to get Shiba Inu:
By downloading special programs (e.g.: Hive OS), you have the possibility to create Shiba Inu at home with the computing power of your own computer. In the long term, you can save yourself the purchase of Shiba coins. However, a period of time that should not be underestimated must be planned until you have generated enough coins to play in the Shiba Inu Casino.
2. Shopping in the open market
The slightly faster and more convenient option is to buy Shiba Inu Coins from crypto exchanges. In the meantime, many Austrian and German stock exchanges, such as Bitpanda or eToro, have already included the coin in their range. Another aspect that underlines the seriousness and acceptance of the cryptocurrency.
Caution: Nevertheless, it should be said at this point that Shiba Inu, like many cryptocurrencies, involves a certain risk as an investment option. Due to its high volatility potential, the price development is difficult to assess in the long term.
However, this is only relevant to a limited extent for the casino experience. Because of the very low market value of the Shiba coin compared to other cryptocurrencies, quick results can be achieved when shopping. With an investment of a few euros you can already buy several thousand coins and thus enter a Shiba Inu Casino.
But beware: Shiba Inu's low price per coin is by no means an indicator of high potential for strong growth. The so-called market capitalization is more meaningful here, in order to be able to estimate the actual trading volume of Shiba Inu. The SHIB coin currently ranks 15th here compared to all other cryptocurrencies (as of March 2022).
What advantages does a Shiba Inu Casino offer?
Compared to conventional online casinos, a Shiba Inu casino offers numerous features that the player can use to his advantage.
Low price fromShiba Inu
As we have already explained, Shiba Inu is currently characterized by a low market value. This enables the cryptocurrency to be purchased at a relatively low price and can of course also be converted to the Shiba Inu casino experience: Anyone who invests in Shiba Inu for a few euros can call numerous Shiba coins their own and also use them in the casino. The currency invites you to play with relatively small amounts, which makes it easier to get over losses. As a result, the player naturally has more opportunities to try out different slots. Online casino beginners in particular should like this fact so that they can approach playing in a crypto casino with little risk.
Ethereum blockchain security
Unlike the Dogecoin, which is heavily tied to the fluctuations of the Litecoin, the Shiba Inu coin is based on the Ethereum blockchain. So on the ERC-20 protocol. As a result, Shiba Inu achieves a level of security similar to that of the well-established cryptocurrency Ethereum. In terms of protection, Shiba Inu is in no way inferior to the competition. And of course that also applies to playing in crypto casinos.
Interesting: The Shiba Inu Coin is a so-called deflationary currency. This means that because the number of SHIBs is limited, similar to Bitcoin, the currency increases in value as soon as demand increases. Initially, 1 quadrillion Shiba coins were put into circulation. The special thing about the Shiba Inu model is the following. With every transaction made with Shiba Inu, the developers "burn" a small portion of the tokens in order to artificially maintain deflation. This ensures that the course of the Shiba Inus can be stabilized in the long term.
Potential of the young currency
Shiba Inu hasn't been on the market long and with a current market cap of around $11 billion, it's already worth more than some big-name companies. Precisely for this reason, it can be said that the currency offers enormous potential. Top dogs in the crypto sector such as Elon Musk or Ethereum founder Vitalik Buterin have repeatedly shown interest in Shiba Inu. This has attracted a lot of media attention in the recent past. Due to the appealing market capitalization, Shiba Inu can be said to be an attractive product.
In a Shiba Inu casino it is not necessary to provide personal data when registering. E-mail address, username, password and your wallet ID are enough for a safe and anonymous casino experience. This prevents your name or other sensitive data from getting into the hands of third parties. What's more, you can quickly and worry-free start doing what you're here to do: play.
How do I recognize a good Shiba Inu Casino?
At the beginning we already talked about the fact that the range of online games of chance where the Shiba coin can be used as a means of payment is still very small. Of course, this also limits the player's ability to actively choose between different Shiba Inu casinos - because there are simply very few. It is therefore all the more important to check the seriousness of the casino. Here you can use a simple but well-tried trick:
Scroll all the way down on the provider's homepage or click on the "About Us" or "Legal" sections and take a closer look at the casino's license. If a Shiba Inu casino doesn't have a license, you should better keep your hands off it. The opposite is the case if the provider has a state gaming license from Curacao or Malta. In order to receive these awards, online casinos must achieve certain payout ratios, guarantee fair play and ensure reliable support. For this reason, you and your SHIB coins are in good hands with providers with these licenses.
Good to know: The fact that Shiba Inu has not yet fully arrived in the gambling industry does not necessarily have to be negative and can even be used by players to their own advantage. Of course, it is an impossibility to predict the future price development of the SHIB. Because the coin can be bought relatively cheaply at the moment, you can save up a considerable gaming budget in the event of an increase in value. And even if the price collapses, the loss is not too serious for a smaller investment.
Shiba Inu FAQ
1. Where can I buy Shiba Inu Coins?
All well-known crypto exchanges have the Shiba Inu in their offer and treat the young coin with great acceptance. At Coinbase, Binance, Bitpanda or Exodus, the digital currency can be purchased within a few minutes at fair conditions.
2. Is it safe to play online casino with Shiba Inu?
Dadurch, dass der Shiba Inu-Coin auf der Ethereum-Blockchain basiert, wird ein hohes Maß an Sicherheit erreicht. Das gilt natürlich auch für die Verwendung der digitalen Währung in Shiba Inu Casinos.
3. Are Shiba Inu casinos trustworthy?
Crypto casinos are now almost universally ranked as provably fair because they work on the Bitcoin blockchain. This serves to be able to disclose the game results transparently. In the meantime, it no longer makes any difference for the customer whether they are playing with Bitcoin or another cryptocurrency such as Shiba Inu.
4. Do casinos offer special bonuses for depositing with Shiba Inu?
As a rule, casino providers do not differentiate between the individual cryptocurrencies when it comes to bonus offers. If there is a corresponding new customer offer and you decide to play with Shiba Inu, you should be able to claim the starting credit in most cases.
5. Is a Shiba Inu Casino Right for Me?
If you want to play with a young, solid cryptocurrency with the potential to increase in value in the casino, you can fall back on Shiba Inu with a clear conscience. However, hardly any online casinos have so far offered the SHIB coin. All those who like to play with their crypto coins in various different casinos will quickly be shown the limits due to the small selection that awaits them with Shiba Inu.
Conclusion: A Shiba Inu casino is ideal for players who want to take their first steps in gambling
If you already know a bit about cryptocurrencies but are new to online casino gaming, then a Shiba Inu casino could be just the thing for you. Compared to other crypto coins, Shiba Inu tends to be more of a smaller sum. This of course also limits the loss that the player can suffer. Because all the classic games (including: Dice, Mines, Crash, Blackjack, Roulette) are offered, beginners can approach gambling with little risk. Fun and a relaxed atmosphere are guaranteed! Currently, only a few online casinos have become aware of the SHIB, but the currency clearly has the potential to overtake other cryptos (such as Dogecoin, which also started as a meme coin) in the gaming sector. In addition, there is a good chance that the young Shiba coin will increase in value, which means that playing with Shiba Inu could also be worthwhile in the long run.
Details on our Shiba Inu Casino recommendations
At this point it should be mentioned again that there are still very few online casinos that accept the young Shiba coin. And most of them could not convince us because of different points of view. If you have now got the taste for putting your newly acquired knowledge about SHIB and the possibilities that the coin offers you in the online casino world into practice, we still have a promising recommendation for you.
This online casino shines through:
- Originality and fun
- Easy to understand, beginner-friendly layout
- Lucrative bonus offers
Anyone who chooses a Shiba Inu Casino naturally does not want to be limited in their selection of games. BC.Game meets exactly this requirement. The casino offers its customers all the games available at the casino, no matter what currency they choose to use. In addition, BC.Game has increased its repertoire considerably in the recent past. The provider now has over 1000 different ways to play with Shiba coins.
- Slots (including from industry-respected providers Yggdrasil and Quickspin)
- Special Crypto Games (Originals, Mini Games, Dice, Mines, Crash)
- 100+ Live Games (Blackjack, Roulette, Baccarat) from top providers like Ezugi and Evolution
What should also not go unmentioned are the bonus offers that make the online casino particularly attractive for new customers. So you get up to 180% bonus for your first three deposits on the platform. With the fourth deposit it is even up to 240%.