Binance is a popular crypto exchange platform, often ranking first in terms of the daily trading volume for cryptocurrencies. Its founder, Changpeng Zhao, is a well-known figure within the space.
Due to the fact that it comes with a large portfolio of cryptocurrencies that you can buy, Binance casinos are in high demand at the moment. Keep reading to find out how you can gamble at such online crypto casinos.
Why should you use Binance for gambling?
Global transactions
No matter your geographic location, a Binance casino comes with the same features for all its users.
Low fees
The trading and exchange fees for Binance are among the lowest available. To give an example, the spot trading fee charged by Binance is a meagre 0.10%. If you’re looking to use your debit card on the site, there’s only a 4.5% fee applies. Moving funds from your crypto wallet to a Binance casino attracts a flat fee that covers the transaction cost associated with moving crypto tokens – this amount can differ based upon which token you intend to deposit as well as how much of it at any given time though. If you’re looking to make some serious money, the low fees are perfect for you since it means more of your deposited money will go into your bankroll!
Wide range of cryptocurrency options
Binance provides its users with a multitude of options when it comes to cryptocurrencies. You’re able to deposit and withdraw any tokens you want, without hassle. To give you some perspective, there are currently 700 global tokens available to trade on Binance – that’s a lot of options for high-roller players!
Secure transactions
Binance is one of the most secure platforms available, featuring Two-Factor Authentication (2FA) with either Google Authenticator or SMS. Your identity is further verified with a photograph. Binance also offers address whitelisting and device management to restrict access to authorized devices only.
Besides all that, USD balances are insured up to $250,000 by the FDIC – meaning even VIPs and high rollers can rest easy knowing their assets are safe.
User-friendly
Binance is one of the easiest to use for beginner traders. It offers multiple choices for trades, deposits, withdrawals, and exchanges. To easily send and receive funds on your cross-chain transfers, you can download the extension on your web browser. With this security measure in place, you don’t have to provide access to your private key upon signing into your account and transferring crypto
They also have a downloadable mobile app to access the Binance Academy. On this platform, you can find helpful articles about crypto that are written by professional bloggers that can help you understand the industry better.
Make a deposit at WAGMI Casino
The process is easy! If you find a Binance casino that you want to try out, all you have to do is to follow the next steps:
- Create account
Create an account within the gambling site by filling in the registration form. Remember to use accurate details, as most casinos will verify them to activate your account.
- Purchase your cryptocurrency
Before making any purchases, always ensure that you have enough funds in your wallet. To purchase cryptocurrency, log into your wallet and select the ‘wallet’ tab. From there, click on the ‘fiat and spot’ option. Choose which fiat currency you would like to use and deposit it into your wallet through a credit card or bank transfer. Finally, trade those funds for the desired cryptocurrency.
- Make a deposit
Once your wallet is all set, it’s time to head over to the Binance casino you chose and start playing your favorite crypto casino games. With a bit of luck, you could win some great real money prizes!
When it comes to playing at WAGMI Casino, the benefits that come with using Binance make your betting session much easier and more pleasant. As we mentioned before, this crypto wallet is easy to use, comes with many cryptocurrency options, and is also a very secure payment method.
