Top 10 Cryptocurrencies for Online Gambling: Research and Trends

Many players wonder which cryptocurrency is the best for crypto gambling. If you type this query into Google, you will be offered many articles such as “Top 10 cryptocurrencies in online casinos” or “Best cryptocurrencies for gambling. ” Unfortunately, these articles do not provide adequate evidence of the popularity of a particular cryptocurrency among gamblers, so I decided to research which tokens are most popular based on the data collected.

So, I analyzed which cryptocurrencies are used as payment methods in 150 active cryptocurrency casinos. Casinos know best what their players want, so they add only the most popular payment methods. In this article, you will see the results of my research and some additional interesting facts about cryptocurrencies on gambling websites.

In a hurry? Here are the quick results:

1. Bitcoin – available in 93.3% of casinos
2. Ethereum – available in 84 % of casinos
3. Litecoin – available in 76.7% of casinos
4. Tether – available in 71.3% of casinos
5. Dogecoin – available in 56% of casinos
6. Bitcoin Cash – available in 52.7% of casinos
7. Binance Coin – available in 51.3% of casinos
8. Tron – available in 48% of casinos
9. Ripple – available in 46% of casinos
10. USD Coin – available in 33.3% of casinos

#10 – USD Coin

USD Coin is a stablecoin created by Circle in 2018. USDC has been gaining popularity lately, and more and more crypto casinos are adding this token to their payment systems since it made its way into the Top 10 tokens by capitalization. It is currently available in 33.3% of cryptocurrency casinos.

USDC is an excellent alternative to Tether and is available at Ethereum, Tron, Hashgraph, Algorand, Avalanche, Solana, Stellar, and Polygon networks.

#9 – Ripple

Ripple consistently ranks among the top 10 currencies in capitalization, so it is unsurprising that 46% of cryptocurrency casinos offer access to this token. XRP is valued by gamblers mainly for its low transaction fees and access to the Ripple ecosystem.

#8 – Tron

Although TRX is represented in only 48% of crypto casinos, the Tron blockchain is known to almost every gambler. After all, with the increase in the Ethereum network commission, many users use tokens such as USDT on the Tron network because of much lower fees.

#7 – Binance Coin

Of course, we couldn’t leave BNB, the native token of the world’s largest crypto exchange, Binance, from this list. More than half of crypto casinos, 51.3% to be exact, use this token as a payment method. BNB has a low transaction fee and offers many advantages in the Binance ecosystem, which is why many players like to use this token in casinos.

Interesting Fact: The average amount of cryptocurrencies available at casinos is 10 tokens. The lowest amount is only 1 token, and the largest is 113 in BC.Game.

#6 – Bitcoin Cash

Today, Bitcoin Cash has somewhat lost popularity and is not among the top 10 cryptocurrencies by capitalization. However, it used to be among the top 5, and many cryptocurrency casinos added it to their payment options. Currently, 52.7% of crypto casinos have this token, but its popularity continues to decline.

#5 – Dogecoin

Of course, the gambling community could not ignore everyone’s favorite meme token, Dogecoin, which went out of control and is still in the top 10 tokens by capitalization. DOGE allows you to play in casinos at low stakes, and using it in any form makes you a part of the unrivaled community of this cryptocurrency. That’s why 56% of crypto casinos have this token, and it seems like this number will continue to grow.

#4 – Tether

USDT turned out to be the most popular stablecoin in crypto casinos. 71,3% of cryptocurrency operators offer it to customers. It is straightforward to use and works on many blockchains, so many casinos and players prefer it when choosing a stablecoin for gambling.

#3 – Litecoin

So we have reached the top three, which LTC opens. Users value this token for its swift transactions and low fees. Thanks to this, 76.7% of crypto casinos accept this payment method.

#2 – Ethereum

The number 2 in the world also turned out to be the number two in the gambling industry. ETH is available to players in 84% of crypto casinos. And, of course, everyone has already guessed who is in the first place.

#1 – Bitcoin

I think few people are surprised to see BTC here. As the oldest cryptocurrency in the world, the first in capitalization and recognition, it is not surprising that almost all cryptocurrency casinos offer Bitcoin gambling. It’s unsurprising that 93.3% of all crypto operators provide services with Bitcoin.

Here are the top 10 cryptocurrencies by capitalization. As you can see, our top correlates quite well with it.

If you’re wondering what other cryptocurrencies are popular with crypto gamblers, here’s a quick look at the top 11-20:

1. Binance USD – 25.3%
2. Cardano – 22.6%
3. Dash – 18.7%
4. Shiba Inu – 16.7%
5. Monero – 15.3%
6. DAI – 14.7%
7. Solana – 14.7%
8. Polygon – 14%
9. Stellar – 12%
10. EOS – 10.7%

Summarizing the above, we can conclude that the list of the most popular cryptocurrencies for gambling correlates quite well with the list of cryptocurrencies by capitalization. Almost all tokens from the top 10 gambling cryptocurrencies are included in the top 10 in capitalization. This is not surprising, as interest in cryptocurrencies grows in all areas if their capitalization increases.

This article will be updated once a year, and we will provide historical information on how the top has changed, so bookmark this page and wait for updates!