Bitcoin Casino CryptoSlots Now Open for Business
Slotland Entertainment—operator of famous gaming hubs Slotland and Win A Day Casino—has added a new brand to its list of engaging online casinos
Launched in May, the new casino CryptoSlots aims to deliver a memorable gaming experience by offering a unique library consisting of 21 modern and high-definition games targeted toward both low-stakes bettors and high rollers.
By being a cryptocurrency-only casino, CryptoSlots ensures that the players’ transactions are faster and more secure than with that of traditional online casinos. Digital currencies are operating under the blockchain technology, where transactions are encrypted and decentralized. Since the data is decentralized, transactions are virtually tamper-proof. In addition, transactions skip past the bureaucratic steps that slow down deals that use fiat currencies.
Michael Hilary, Slotland manager, said:
“In our other casinos, we’ve seen a huge increase in players opting to play in cryptocurrencies to avoid banking delays and complications. Cryptoslots is designed to make it easy for players to play in crypto, but still bet in USD. Crypto also allows for increased player anonymity since all that’s required is an email address and crypto wallet.”
Players can choose to move their funds only through Bitcoin, Bitcoin Cash, or Litecoin—with more cryptocurrencies to join in the future. However, CryptoSlots’ games only accept bets in US dollars, so the casino converts the digital currencies into USD after deposit and before withdrawal.
A Secure System
CryptoSlots boasts that all of their games are provably fair. Players receive the chance to verify that the game results are fair and free from illegal interference. The online casino hands the players the encrypted data containing the set of possible outcomes in the games they are playing. Only after the game could players decode the data and double check if their results are just.
According to CryptoSlots’ website:
“When the game ends you can verify it by checking that the server hash really corresponds to the initial set of data, if they match you know the game is fair.”
The online casino’s provably fair system encrypts data using the SHA-256 cryptographic hash algorithm—the same hash function used to mine Bitcoins.
A Spin Worth a Million
Aside from the Provably Fair system, CryptoSlots takes pride in its Jackpot Trigger slot. The three-row and three-reel slot game—a registered user-exclusive—has a fixed jackpot of US$1 million. The 10-payline slot presents players with the Hold feature, which they can use after a non-winning spin. Players can choose three symbols that will remain in the reels after the next spin.
Jackpot Trigger is special because instead of US dollars, the slot accepts bets only in the form of casino-issued coins called Jackpot Trigger Tokens. Players can obtain a Token by playing through any of CryptoSlots’ online casino games. The casino’s game library consists of engaging video slot titles like Fruits And Bars and Wild West. There are also classic video poker games like Aces & Eights and Joker Wild. Accumulated wins of US$100 from playing these games correspond to a single Jackpot Trigger Token.
Bettors can enjoy winning with CryptoSlots online through all major devices by signing up using a verified email address and a cryptocurrency wallet.