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Binance Casino (BNB)
New to Binance (BNB) casino? Our beginner's guide covers everything you need to know to start playing and earning BNB in no time!
Cryptocurrencies like Binance Coin (BNB) are revolutionizing online gaming, offering faster transactions, lower fees, and enhanced privacy. As the popularity of BNB casinos grows, finding a secure and reputable platform is essential to ensure a safe and enjoyable experience.
This guide walks you through everything you need to know about BNB casinos, from safety tips to gaming options. Whether you're a seasoned player or new to crypto gambling, you’ll find valuable insights to help you make informed decisions and get started with confidence.
What is Binance Chain?
Binance Chain is a blockchain developed by Binance, that aims to provide a decentralized exchange (DEX) for crypto assets. BC relies on the Tendermint Byzantine Fault Tolerance (BFT) consensus and delegated proof-of-stake (DPoS). It is built on forks of Tendermint and Cosmos SDK.
What is Binance Coin (BNB)?
Binance Coin (BNB) is the native token of the Binance Chain (BC), and was launched in July 2017, initially as an ERC-20 token. Transactions on BC burn BNB tokens, according to a fee schedule roughly every three months. From the initial maximum supply of 200 million, burns will continue until supply reaches 100 million. BNB is a BEP-2 token, the native token stand of the BC.
As the native token, BNB serves as the gas fees for transactions on BC, issuance costs for new assets, minting and burning costs and more. BNB also powers the BSC, and is used for delegated staking on the authority validator. For Binance.com users, BNB can also be used to pay for trading fees on the exchange.
What is a Binance Casino?
A Binance casino is an online crypto casino that specifically accepts Binance Coin (BNB) for deposits, wagers, and potentially withdrawals. This caters to players who prefer the benefits of cryptocurrencies like anonymity and potentially faster transactions.
Some Binance Coin Casinos might offer additional benefits for using BNB, such as discounts or loyalty rewards tied to the Binance ecosystem.
How a Binance Casino Works
A BNB casino operates similarly to traditional online casinos, but with a crypto twist. Here's a general overview:
1. Registration:
- Traditional: You'll need to provide personal information to create an account.
- BNB Casino: Some casinos, like Rollspace only require you to connect your crypto wallet directly, eliminating the need for traditional registration. This offers you enhanced privacy and security as you can play anonymously without sharing sensitive information.
2. Depositing Funds:
- Instead of using fiat currencies, you'll deposit Binance Coin (BNB) into your casino account. This is typically done by transferring BNB from your crypto wallet to the casino's specified address.
Once your deposit is confirmed, you can start playing a wide range of casino games, including slots, table games, and live dealer games. Any winnings you accumulate will be credited to your casino account in BNB. To withdraw your winnings, you can transfer the BNB back to your crypto wallet.
Key Advantages of a Binance Casino
Several key factors can influence your decision to play at a Binance Coin casino. Here are 3 primary benefits of playing at a BNB casino:
1. Faster transactions
Crypto transactions, including BNB, are often faster than traditional banking methods. If you’ve ever experienced the frustration of waiting while banks and card payment authorities conduct their own checks, you’ll definitely love the speed of transactions at BNB casino sites.
2. Enhanced Privacy
By using a crypto wallet to play on BNB casinos like Rollspace, you can maintain a higher level of anonymity compared to traditional online casinos. Using Binance Coin for your casino gaming adventure keeps your transactions private, which is a big attraction for an increasing number of gaming fans.
3. Low fees
Everyone is out to make a profit when you move your fiat currencies around, but that’s not the case when you’re playing games at a BNB casino. Binance Coin transactions only incur minimal charges when moving the asset between wallets, so you get to keep more of your crypto – which is always good news for gaming enthusiasts.
Best Games to Play at a Binance Casino
Let's explore some of the most exciting crypto games on Binance Chain where you can earn BNB:
1. YOLO Games
YOLO is a fast-paced crypto multiplayer game where participants contribute Binance Coin (BNB) to a collective pot before time runs out. The single winner takes the entire pot, with higher contributions increasing the odds of winning.
2. Crash BNB Casino Game
Crash is an exciting BNB multiplayer game where players predict the rocket's crash point. The closest guesses win and share the pot, divided based on each player’s BNB contribution.
3. Coin Flip BNB Game
Coin Flip is a simple yet thrilling multiplayer game where players bet on the coin's outcome, choosing between "Gold" or "Silver."
4. Dice BNB Game
Dice challenges players to predict the result of a dice roll. Accurate guesses claim winnings from those who guessed incorrectly.
5. Seer: A BNB Prediction Market Game
Seer offers a decentralized prediction market experience on Binance Chain, allowing users to forecast outcomes and earn rewards in BNB.
In all games, larger BNB wagers boost the chance of higher rewards, though outcomes are luck-driven.
We've written a detailed guide on How to Use Binance Coin (BNB) in Online Casinos to help you get started with all these games.
How to Start Playing at a Binance Casino
Getting started with BNB casinos depends on the platform. Traditional platforms often require registering with details like a username, password, date of birth, region, and contact information (email or phone number). Additional steps like KYC (Know Your Customer) and AML (Anti-Money Laundering) checks are usually mandatory before withdrawals are possible, in compliance with regional laws.
By contrast, platforms like Rollspace prioritize simplicity and privacy–letting you begin playing at a BNB casino in just three simple steps!
- Click “CONNECT” in the top right corner to link your crypto wallet (e.g., Trust Wallet or MetaMask).
- Once your wallet is connected, click on balance and deposit your BNB in your gaming wallet.
- Enter the amount you want to spend and hit “Deposit”.
In a few seconds, your deposited funds will display in your gaming wallet and you can choose any game of your choice and start playing.
What’s more, at Rollspace, even withdrawals are instant—there’s no middleman deciding when you can access your earnings.
How to Get Binance Coin (BNB) to Play Games?
Here’s a general idea on how to get BNB:
How to Find a Perfect Online Binance Casino
1. Start With Trusted Reviews
Use reputable platforms to compare online BNB casinos. Reviews provide insights into licensing, security measures, payment options, and customer support, helping you make an informed choice.
2. Explore Game Selections
Look for platforms offering your favorite games, such as slots, poker, or blockchain-based games with provably fair algorithms. These innovative titles ensure transparent and immersive experiences.
3. Claim Bonuses and Rewards
Take advantage of crypto casino perks like welcome bonuses and loyalty programs. Look out for promo codes and enjoy better rewards, made possible by lower operational costs in crypto-based platforms.
The Takeaway
If you’re looking for a BNB casino that offers anonymity, no KYC requirements, and provably fair multiplayer games, Rollspace could be the perfect choice for you. Enjoy exciting crypto games, earn Binance Coin (BNB), and withdraw your winnings anytime—no middleman involved and fully secure.
Join Rollspace now and see what makes it a standout choice for BNB casino enthusiasts!
