Cryptocurrency Slots Could Become Much Bigger

Bitcoin has gained quite a bit of traction in online casinos. Cryptocurrency slots as a whole are becoming more popular in the gaming world.

Ethereum, Ripple, Bitcoin Cash, and NEO are just a few of the cryptocurrencies that can be used for slots.

Given the growth of crypto, these digital currencies have seemingly gone as far as they can in gaming. However, they could end up being much bigger.

Cryptocurrency Market Cap Isn’t that Big

Cryptocurrencies and blockchain technology in general are expected to shape the future. However, their overall market cap isn’t that big for such altering technology.

According to CoinMarketCap, the crypto market cap is worth just over $324 billion at the time of this writing.

This might seem like a tremendous amount of money. However, it pales in comparison to the market caps of gold ($7 trillion) and the US stock market ($34 trillion).

Crypto is a global phenomenon. However, it’s not even worth 3% of the US stock market.

Cryptocurrencies and other blockchain tech should grow tremendously in the near future.

More Online Casinos Will Adopt Crypto

Plenty of gaming sites have begun accepting cryptocurrencies. Even still, the majority of internet casinos don’t take crypto.

You’re therefore forced to use traditional payment options (credit cards, e-wallets, banks) at most sites.

Of course, nothing is wrong with these deposit methods. But you should have the option of being able to use crypto too.

When Will Cryptocurrency Slots Explode?

The exact point when cryptocurrency explodes is difficult to tell. The market has already gone through a few bull runs, with another expected in 2-3 years.

Perhaps cryptocurrency slots will reach new heights when/if the next bull run happens. In the meantime, you can still continue to enjoy crypto slots.

Many gaming sites at least accept Bitcoin. Others are starting to take alt coins like Ethereum and Bitcoin Cash too.