Pros and Cons of Dogecoin Casino

This amusing doggie coin becomes more and more accepted by businesses. You can use dogecoin to buy food and drinks, pay for hosting, and many other services. Playing online casino games is another option to use dogecoin. Although it isn’t that widely spread as bitcoin casinos, a dogecoin casino can offer none the worse. In this article, you will find out about all pluses and minuses of using DOGE on online casinos.

Advantages of Dogecoin Gambling

When it comes to online gambling with cryptocurrency, crypto and dogecoin online casinos can offer numerous benefits:

  • Anonymous play. Using dogecoin for online casino payments, no one can ever find out that you are gambling, on which sites you play, and how much money you actually wager. The system is transparent but anonymous at the same time.
  • Money-saving. When you perform DOGE transactions, you don’t have to pay huge fees like with traditional money transfers.
  • Speed of transactions. It’s not a secret that cryptocurrency payments are almost instantaneous. When you send funds in dogecoin, there is no intermediary service between casino and your payment account. So the funds will be transferred in no time.
  • Fairness. Dogecoin casinos usually have a provably fair technology that allows anyone to check the casino for fairness. If your casino uses it too, you can be sure that games aren’t rigged.

Drawbacks of Dogecoin Gambling

Nevertheless, in some cases, you might have a negative dogecoin gambling experience. The following things are rather drawbacks:

  • Dogecoin is one of the most popular cryptocurrencies that you can use for online casinos. Yet, not all casino operators accept dogecoin payments. So it may take time to find a casino that uses dogecoin in addition to bitcoin and ethereum.
  • DOGE is a cryptocurrency. Its value may rise and fall at any time. While in some cases, winning some dogecoin is advantageous, if you are playing at the “wrong” time, you might lose more than you even deposited. So make sure to deposit dogecoin to benefit from it.

Where to Buy Dogecoin

You can easily buy DOGE on one of the cryptocurrency exchanges that have a currency pair you need such as BTC-DOGE, USD-DOGE, and etc. For purchasing, you can use either fiat currency or any virtual currency. Here are some of the most popular exchanges that have a high volume of dogecoin:

  • Binance
  • OKEx
  • Bittrex
  • Kucoin
  • CoinEx

Besides, you can buy crypto from people that can send dogecoin to your e-wallet. But if you are using this method, be very careful with the vendors.

In Conclusion

Although Dogecoin online casinos are less popular than their alternative Bitcoin casinos, you can wager DOGE on all the same casino games, receive bonuses in DOGE, and withdraw your winnings. We’ve mentioned only the pros and cons of this exclusive cryptocurrency, but whether you should gamble with it or not is up to you. If you see cryptocurrency as one of the methods to earn money, then winning some extra crypto on online casinos will be a great chance to increase your total capital.