WEB3
by BSCN
January 18, 2024
Discover the future of online gambling with Innovate Change as we delve into the world of crypto casinos, offering insights into their advantages, security measures, and the overall user experience.
Cryptocurrencies have revolutionized the online gambling sector, emerging as a preferred payment method known for their rapid transaction speeds and enhanced privacy features. This shift is particularly noticeable in New Zealand, where a growing number of online casinos now accept various digital currencies, allowing players to effortlessly deposit and withdraw funds. But the appeal of these crypto casinos extends beyond mere financial convenience. They offer a diverse array of innovative and engaging games, providing players with a unique blend of excitement and the allure of anonymity that traditional payment methods can't match.
In this dynamic landscape, Innovatechange.co.nz is a leading authority and resource for New Zealand's gaming enthusiasts. As a premier gaming portal, it specializes in offering comprehensive guides and in-depth reviews of the top crypto casinos, tailored specifically to meet the needs and preferences of New Zealand players. Innovate Change is committed to providing accurate, up-to-date information and expert analysis, making it an invaluable tool for anyone looking to navigate the world of crypto gambling.
Whether you're an experienced player or new to the realm of digital currencies, Innovatechange.co.nz offers a detailed exploration of the best crypto casinos available. From examining the security protocols of these platforms to evaluating their game selections and bonus structures, Innovatechange.co.nz ensures that players are well-informed and ready to make the best choices in their online gaming endeavors. Read on for a thorough and insightful journey into the world of crypto casinos, as presented by the expert team at Innovate Change.
Mainly, they are virtual or digital currencies that, like the physical version or fiat money, serve as a medium of exchange. The difference is that they are decentralized and obey crypto systems that guarantee their security.
Thus, since they do not respond to the controls of a central bank or any other authority, they are not limited to a specific country. They are a global means of payment.
However, these same characteristics prevent them from being recognized by most of the world's governments. In this sense, it is difficult for the gaming regulatory authorities of many countries to accredit them as a means of payment.
Innovate Change, a leading online gaming portal in New Zealand, adopts a rigorous and multifaceted approach when selecting crypto casinos for its reviews and recommendations. This process involves evaluating various key aspects that define the efficiency and reliability of these platforms.
The benefits of cryptocurrency for playing at online casinos are so fundamental and significant that it is amazing how the online gambling industry existed and even flourished before the advent of Bitcoin. Speed of transactions The vast majority of online casino players use payment cards (VISA, MasterCard) for deposits and withdrawals. When replenishing a casino account in this way, funds usually arrive almost instantly, but when it comes to cashing out winnings, the player may encounter an unpleasant surprise in the form of a long delay. Payment card providers can delay payments for up to a week if they deem it reasonable. In the case of cryptocurrencies, there is no one in the way from the casino to the player's crypto-wallet, so no one can deliberately hold your money. From a technical point of view, the speed of cryptocurrency transactions depends on the speed of confirmations in the network of a given currency. For example, Bitcoin is "heavier" and with an average network load, it can take about an hour to send or receive funds. Fortunately, most cryptocurrencies accept altcoins, which provide almost instant transfers at any time of the day and night (Ethereum, Litecoin, Dogecoin, etc.).
It is quite obvious that in order to make a deposit using a payment card, it is necessary to specify all the information on it, which will then be saved in the online casino database. Despite the fact that modern online casinos use multilevel means of protection, there is a theoretical probability that hackers will steal payment data. In the case of cryptocurrencies, when making a deposit or withdrawal, the user only provides the address of the crypto-wallet. Therefore, if by some miracle hackers were to get this address, it is impossible to use it to steal the funds. Moreover, the crypto-wallet owner can generate as many unique addresses as he needs and use a new address for each transaction.
In the early 2000s, when the Internet was just beginning to appear in the homes of ordinary people, the idea of sending personal data somewhere on the Web was alarming, to say the least. Today, going through the motions of confirming a user's identity on sites where payments are regularly made has become standard practice for many. However, some people still choose to maintain as much privacy as possible on the Internet. This position is absolutely understandable and everyone has that right, but on some sites, in order to have access to their full functionality, identity verification is mandatory. Among these sites, unfortunately for players who prefer anonymity, are online casinos. In the vast majority of cases, this is not a whim of the casino management, but a requirement of the regulators who oversee the activity of licensed gambling sites. The main reasons for this supervision are the fight against money laundering, the prevention of tax evasion (honest online casinos pay taxes) and the control of the age of players. Because cryptocurrency is a relatively young financial phenomenon, its regulation is still far from being fully developed and can vary significantly in different countries. Moreover, if regulators can easily track the movement of all funds of each user through conventional online payment systems (payment cards, PayPal, etc.), with cryptocurrency it is much more difficult, and in some cases impossible. Therefore, cryptocurrencies can afford the luxury of not requiring any personal data from the user, while having a license, which allows them to operate legally. However, not all cryptocurrencies are anonymous. You can filter the list of sites at the top of this page to show only anonymous cryptocasinos.
Almost all online casinos do not create games themselves, but buy them from third-party developers, which significantly reduces the cost and time of creating a gaming site. It also guarantees that the casino will not manipulate the outcome of the game in any way, because the source code of the games is stored on the side of the developers, who in turn must be certified by higher authorities (including the government). With this model, everyone wins: casinos focus on organizational issues, game developers have a market and users can enjoy hundreds of different games, staying in one place and being sure that the outcome of the game is fair. However, with the advent and popularization of cryptocurrencies, online casinos have started to develop their own games more frequently. Firstly, it is easier to integrate the functionality of cryptocurrency payments into the games, and secondly, users are attracted to exclusive games that are not available elsewhere. In addition, the concept of the game may be the same, but the implementation differs from site to site.
When a crypto casino decides to start developing games on its own, the most important thing is to guarantee players that they will not be cheated. In this case, the provably fair algorithm comes to the rescue. With its help, casino users can personally check the outcome of each bet. In addition, everyone can provide their own passphrase ("seed") and when combined with the server's seed, it forms a random number, which will become the result of the bet. Therefore, provably fair crypto casinos outperform the usual licensed online casinos in terms of fairness.
Playing at a crypto casino should be an enjoyable and hassle-free experience. Innovate Change places a high priority on assessing the overall user experience when reviewing crypto casinos. This includes a detailed evaluation of the ease of navigation on the casino platform. User interfaces are examined for their intuitiveness, ensuring that both new and experienced players can easily find games, understand the rules, and access their accounts without confusion.
The review process also involves testing the responsiveness and effectiveness of customer support. Innovate Change contacts support teams to gauge their speed, helpfulness, and ability to resolve issues. This includes evaluating various support channels such as live chat, email, and phone support, ensuring they provide timely and accurate assistance to players.
In the final and crucial aspect of its review process, Innovate Change meticulously verifies the legal standing and regulatory compliance of crypto casinos. This step is fundamental in ensuring that these platforms operate within the legal frameworks and adhere to the industry standards set by gaming authorities.
The evaluation includes checking the licensing details of the casinos, ensuring that they are licensed by reputable and recognized gaming authorities. These licenses are indicators of the casino’s commitment to following legal guidelines, maintaining fair gaming practices, and providing player protection. Innovate Change also reviews the casinos' adherence to international gambling laws and regulations, which can vary significantly across jurisdictions.
By examining these criteria, Innovate Change ensures that the crypto casinos it recommends are not only enjoyable and diverse in their gaming options but also safe, secure, and trustworthy for players in New Zealand.
Golden Tiger Casino, established in 2000 and a part of the Casino Rewards Group, has made a significant mark in the online casino industry. Licensed under the jurisdiction of Kahnawake and the UK Gambling Commission, it promises a safe and fair gaming platform.
Golden Tiger Casino impresses with an extensive collection of games, predominantly powered by Microgaming, one of the leading software developers in the industry. The casino offers more than 500 game titles, ensuring a variety that caters to all types of players. From immersive video slots and progressive jackpots to classic table games like blackjack and roulette, the options are abundant. The casino also features a live dealer section, bringing the thrill of real-time gaming to your screen.
New players at Golden Tiger Casino are welcomed with open arms and lucrative bonuses. The welcome offer often includes a substantial match bonus on the initial deposit, extending up to multiple deposit levels.In addition to the welcome package, the casino provides various promotions, including loyalty rewards and weekly bonus offers, adding more excitement to the gaming experience.
Golden Tiger Casino accommodates a range of banking options, from traditional methods like credit/debit cards and bank transfers to modern e-wallets. The casino stands out for embracing cryptocurrency transactions, appealing to the growing number of crypto users. However, the unavailability of certain payment methods might be a disadvantage for some players.
The casino excels in customer service, offering responsive and helpful support through email and live chat 24/7. The support team is well-equipped to handle various inquiries and issues efficiently. Though phone support is not available, the detailed FAQ section on the website adequately addresses common concerns.
Golden Tiger Casino offers a thrilling and secure environment for online gaming enthusiasts. Its vast game library, attractive bonuses, and commitment to player satisfaction make it a favored choice among players. While it could enhance its payment method variety and include sports betting options, Golden Tiger Casino remains a reputable and enjoyable platform for those seeking a diverse range of high-quality casino games.
Platinum Play Casino, a member of the prestigious Fortune Lounge Group, has carved a niche in the online casino industry with its commitment to high-quality gaming. Operating under a Malta Gaming Authority license, it ensures a safe, fair, and engaging gaming environment.
The game collection at Platinum Play Casino is both extensive and impressive, boasting over 600 titles from renowned providers like Microgaming. Players can immerse themselves in a variety of slots, from classic 3-reel slots to advanced video and progressive slots. The casino also shines in its selection of table games, offering numerous variations of blackjack, roulette, and baccarat. Moreover, it hosts a vibrant live dealer section that brings the casino experience to life.
Platinum Play Casino welcomes new players with an enticing bonus package that typically includes match bonuses and free spins. The exact details vary, ensuring a tailored experience for every player. The casino also runs weekly and monthly promotions, including cashback offers, tournaments, and loyalty rewards, adding layers of excitement for returning players.
The casino supports a range of secure and versatile banking methods, catering to both traditional and modern preferences. This includes credit/debit cards, e-wallets like Neteller and Skrill, and direct bank transfers. A highlight is the acceptance of cryptocurrencies like Bitcoin, appealing to crypto-savvy players. The availability of specific methods may vary based on location, which can be a minor inconvenience for some.
Platinum Play Casino excels in customer support, offering 24/7 assistance via email and live chat. The support team is knowledgeable and responsive, ensuring timely solutions to player inquiries. The FAQ section is comprehensive, covering a wide range of topics for quick self-help.
Platinum Play Casino stands out in the New Zealand online casino landscape for its luxurious gaming experience, diverse game library, and strong emphasis on player security and support. Its dedication to offering regular bonuses and promotions makes it an attractive destination for both new and veteran players. While the addition of more payment options and sports betting could enhance the platform further, Platinum Play Casino offers a top-tier gaming experience that is both secure and enjoyable.
Ruby Fortune Casino, established in 2003 and licensed by the Malta Gaming Authority, positions itself as a premier destination for online gamers. Part of the Palace Group, it's known for its commitment to quality gaming experiences.
Ruby Fortune's game library is both impressive and diverse, featuring over 450 games from renowned developers like Microgaming. Players can indulge in a variety of slots, from classic reels to progressive jackpots. The table game selection includes favorites like blackjack, roulette, and baccarat. Notably, their live dealer section offers a realistic casino experience, with games like Live Blackjack and Live Roulette.
Ruby Fortune welcomes new players with enticing bonuses:
The casino supports various banking methods, including credit/debit cards, e-wallets like Neteller and Skrill, as well as bank transfers. A standout feature is its support for Bitcoin, making it a go-to option for crypto enthusiasts. However, the non-availability of certain popular payment options might be a minor downside for some players.
Ruby Fortune Casino offers a professional and responsive customer support team, available 24/7 via live chat and email. While it lacks phone support, the comprehensive FAQ section efficiently addresses common queries and concerns.
Ruby Fortune Casino excels in delivering a secure and engaging online gambling environment, characterized by a vast game selection, appealing promotions, and a player-centric approach. Its embrace of cryptocurrency adds to its modern appeal, although the expansion of payment methods could enhance its accessibility. Overall, Ruby Fortune Casino is a top-notch choice for New Zealand players seeking a mix of traditional and contemporary online gaming experiences.
Lucky Nugget Casino, a part of the renowned CityViews Group, has been offering a superior online casino experience since its inception in 1998. Operating under a license from the Malta Gaming Authority, it ensures a secure and fair gaming platform.
Lucky Nugget’s game library, primarily powered by Microgaming, one of the industry’s leading software developers, comprises over 500 titles. Players can indulge in a variety of slots, ranging from classic reels to contemporary video slots with rich graphics. The table games section is equally impressive, featuring numerous variants of blackjack, roulette, and more. The casino also offers a live dealer segment, providing an immersive real-time gaming experience.
Lucky Nugget Casino greets new players with a substantial welcome bonus, often including match bonuses and free spins. Regular players are not left out, with the casino offering a plethora of promotions such as reload bonuses, free spins, and access to a lucrative loyalty program.
The casino provides various secure and convenient banking options, including credit/debit cards and e-wallets. A significant advantage for modern players is its support for cryptocurrency transactions, catering to the growing demand for digital currency use. However, the limitation in some traditional payment methods might be a drawback for certain players.
Lucky Nugget Casino prides itself on its efficient customer support service, available via email and live chat 24/7. The team is trained to address any queries or issues promptly. While the absence of phone support may be felt, the comprehensive FAQ section compensates by providing quick answers to common questions.
Lucky Nugget Casino stands out in the New Zealand online casino landscape for its rich game selection, appealing bonuses, and its commitment to customer satisfaction. The incorporation of cryptocurrency transactions demonstrates its forward-thinking approach. Though the casino could improve by expanding its payment method options and introducing sports betting, it remains an excellent choice for players seeking a diverse and secure online gambling experience.
According to the website Innovate Change, there are more than six thousand cryptocurrencies, and these are only those that are included in the database of this resource. Of course, cryptocurrencies cannot support so many coins, but this is not necessary. Most players are guided by two factors when choosing a cryptocurrency for betting: the convenience of this currency for making payments (speed of transactions, support of crypto-wallets, etc.) and its liquidity on the cryptocurrency market.
Thus, we can distinguish five currencies that have certain advantages in their use for betting:
Recently, there has been a trend among cryptocurrencies to implement the CoinSwitch plugin, which allows players to make a deposit with dozens of different altcoins. And no additional action is required from the user.
We have already told you that, in practice, no casino offers cryptos directly as a payment method. However, here we explain how to play with cryptocurrencies in online casinos in New Zealand. Specifically, the first thing you should do is to open a user account in any of the most secure and popular e-wallets. By the way, Skrill, Neteller and MuchBetter have been mentioned before, but you can choose the one you like the most. Once done, you need to transfer money. It is very simple, fast and safe.
However, the procedure may vary a bit from one wallet to another, especially in terms of the number of cryptocurrencies available. Now, once you have enough funds in your account, you must go to the cryptocurrencies tab and choose the one you prefer. Then, you just have to click on the "Buy" button to convert your fiat money.
But, there is even more in this guide on how to play with cryptocurrencies in online casinos in New Zealand. Below, we explain step by step how to make deposits with cryptocurrencies in online casinos.
That's it! With these five simple steps you can start playing.
In any case, this guide on how to play with cryptocurrencies in online casinos in New Zealand would not be complete if we did not tell you what to do to withdraw your winnings. Fortunately, it is as easy and fast as depositing. In fact, one of the advantages of this payment method is that it offers users instant transactions. Let's see how it's done:
The main difference of cryptocurrencies with respect to other payment methods is that they are not managed with a specific currency, they do not depend on banking entities and their value can rise or fall abruptly and without prior notice.
Regarding processing speed, cryptocurrency payments are usually carried out in minutes or hours, while bank cards and bank transfers take days and e-wallets take only minutes.
Finally, cryptocurrencies are considered anonymous, since you only need a URL address and a pseudonym to make use of it, unlike the rest of the payment methods.
About Innovate Change
Innovate Change is a leading online portal revered for its authoritative stance in the gaming community, particularly within New Zealand. It stands as a beacon for gamers and bettors alike, offering in-depth analyses, comprehensive guides, and unbiased reviews of online and crypto casinos. As a hub for reliable gaming information, Innovate Change prides itself on its meticulous approach to evaluating gaming platforms, ensuring that its recommendations are based on thorough research and real-user experiences.
The portal's mission extends beyond providing reviews; it aims to educate and inform players about the nuances of online gaming, including the intricacies of using cryptocurrencies for gambling. With a focus on safety, security, and player satisfaction, Innovate Change has become synonymous with trust and expertise in the digital gaming landscape. Whether you're a seasoned gambler or new to the scene, Innovate Change offers resources that can enhance your gaming experience, helping you make informed decisions in the ever-evolving world of online casinos.
Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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