The bottom line
Gucci’s new cryptocurrency payment operations could usher in a brave new era for cryptocurrency, boosting values by adding increased, real-world value to the coins that are supported. Gucci’s Metaverse efforts are ensuring that the luxury brand will persist in the digital future we’re entering. If this cryptocurrency payment system advances Gucci’s profits, other companies are likely to jump on board and accept specific cryptocurrencies as payment in physical stores as well. If crypto becomes widely accepted as a form of payment in many stores across the world, the value of the accepted tokens is sure to surge.
Looking to start putting some of your savings into crypto? Check out our comprehensive guide to the best crypto apps and exchanges to get on the right track!
Who doesn't love earning free crypto, right? Luckily, many companies offer worthwhile crypto bonus offers to new customers.As you narrow your search for the best crypto bonus offers, don’t forget to take the platform itself into account. In other words, a company that offers a smaller bonus might still be the best option if it supports more currencies, charges lower fees, or offers a better user experience.
Note: these bonuses are usually paid in crypto or other crypto-assets.
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7. Slots Empire - Best for Slot Games
- Accessible slot section with demo games
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Slots Empire, as you can imagine, has an extensive gallery of slot games. What we found great about their selection is that the games are suitable to all playing styles. It's very easy to navigate the website and look for your favorite game, and they offer demo versions for all of them.
Other game sections are a bit lacking, but you can find games of all kinds here. Notably good is the specialty games section with 11 titles.
They have some exciting promotions, such as welcome bonuses and new game promotions, but no specific Bitcoin bonuses.
Unifimoney - Up to $5,000
Unifimoney is offering a huge tiered promotion where you can get a massive bonus depending on how much you deposit into the platform. If you're not familiar, Unifimoney is a newer app that seeks to combine banking, traditional investing, and crypto.
You must maintain the balance anywhere from 30 to 90 days. Here are the tiers:
9 Top Bitcoin Gambling Sites
Games to play
On the PM.IO website, you can sort games by the developer. The ‘new’ view section features 21 software providers, while the ‘classic’ view includes 28 developers.
The entire gaming options selection proves the PM.IO status of the top crypto casino on the market. The online table games genre features gamblers’ favorites, such as Baccarat, Oasis Poker, Roulette, Caribbean Poker, Blackjack, and many more.
The Slots section offers thousands of various slot machines to pick from, including progressive slots, video slots, and classic ones. As for the thematic masterpieces, players can choose from adventure, action, magical games, mystery, and romance. In fact, each of these gaming options is worth a try due to the strong roster of software providers.
The Live Casino category at PM.IO is one that really shines. Evolution Gaming – one of the most well-known gaming providers – delivers such famous games as Live Dream Catcher, Lightning Roulette, and Crazy Time.
Benefits
Although a large number of software providers on display might seem like too much, all of them are reliable and trustworthy – we checked them all. What it means for players is that the games apply random number generators to exclude the possibility of unfairness or bias.
To keep gamblers’ information safe, PariMatch employs an encrypted HTTPS connection. Other security measures include the licensing of the Government of Curacao, 18+ defenses, KYC, as well as AML, policies – all of that does add to privacy and safety.
When it comes to bonuses and promotions, we would like to highlight the bonus for first-time visitors, which features 100% of the amount up to 1.5 BTC (or 2 ETH, 5 BCH, 70,000 DOG, 18 LTC, and 4,500$NZT). To fully enjoy the bonus, you’ll have to open an account, deposit at least the minimum amount (check their ‘Deposits & Withdrawals’ page), mind the 5-days period, and then wager the bonus amount 40 times.
Depositing for the second and third time will be rewarded with bonuses, too. The second one (use the promo code ‘SECOND’) entails 50% of the first deposit, while the third bonus (use the promo code ‘THIRD’) guarantees 75% of the second deposit amount. The x40 wagering requirement remains valid for all the welcome bonuses.
Other promotions at PM.IO include ‘Cashback for a High Roller’, reloads on Mondays and Fridays, among others.
Bonus: 100% Match Up Bonus Up to 1.5 BTC - promo code: FIRST
Games to play
Stake has top slots games created by iGaming developers. When looking at their gaming portfolio, you might find many familiar options available at other online casinos. Plus, there are 200+ slots created by BGaming, Thunderkick, Big Time Gaming, Relax Gaming, and No Limit City.
The largest provider at Stake is Evolution Gaming. It offers live casino titles like Lightning series, Deal or No Deal Live, Caribbean Stud Poker, Crazy Time, and Texas Hold’em Bonus Poker. The original games at Stake include different dice and card games.
Benefits
Stake casino provides a decent welcome package to the new players, where they can get 10% Rakeback using code ‘GET10BACKBONUS’. Being a loyal customer, you have the opportunity to earn FREE SPINS, participate in regular races, and secure free bets.
Also, Stake has a VIP Program, where players can receive specific rewards. To become a VIP player, you will need to deposit and bet the most throughout the week. Once you become a VIP member, you will have access to a personal VIP host, and collect both weekly and monthly bonuses and cashback offers.
Additionally, there is no withdrawal limit with one hour of receiving time. Also, one of the greatest features that Stake offers is the opportunity to set deposit limits to avoid excess spending.
Bonus: 10% Rakeback Using Code ‘GET10BACKBONUS’
Crypto and the future of payment
As Gucci, a world-renowned brand, begins to recognize cryptocurrency as an acceptable form of payment, other companies will surely follow Gucci’s lead if the move is successful. This move by Gucci is in-line with the company’s interest in Metaverse projects. Gucci has already led the way for other luxury brands by releasing a few non-fungible token projects, and is currently investing in digital real estate on the blockchain real estate platform, The Sandbox. If Gucci’s stores implement crypto payment smoothly, many other forward-thinking companies are likely to follow suit.
With more and more real-world uses for cryptocurrency, accepted cryptocurrencies will become more desirable. Stores could also gain some say in the value of cryptocurrencies, as certain promotions offering discounts for merchandise when paying with crypto could boost values as demand rises for those coins. If other stores decide to accept crypto payments, it will be interesting to see what other coins are accepted as valid currencies, and which coins are not.
How Do I Pay with Bitcoin?
This will depend on each casino site. Some websites offer crypto wallet transfers, while others require the player to get in touch with customer support. Some of the most Bitcoin-oriented gambling sites even offer the option to trade currencies on-site. This means you can deposit USD, EUR, or your local currency and exchange it for Bitcoins.
Also, bear in mind that some casino sites offer payments in Bitcoin, but not withdrawals. Others allow withdrawals with the same deposit method only. Always check the conditions first.
How We Found the Best Bitcoin Casinos Online
Bitcoin Availability:The first thing we researched was, of course, whether a casino offered payments/withdrawals in Bitcoin. We also gave some extra points to those who offer alternative cryptocurrencies as well.
Game Variety and Quality:Just because it offers Bitcoin payments, it doesn’t automatically mean a Bitcoin casino is good. Players go to these online websites to play and have fun, so the fun factor should be paramount. We analyzed how many games they offer and how good they are.
Bonuses:Bonuses not only give good value for new and recurring players, but they also gauge whether the Bitcoin casino has its customers in mind or not. This is why we focused on Bitcoin bonuses mainly but also took a look at other bonuses and promotions.
Safety:This category encompasses a wide array of factors, namely: the casino's reputation, whether they are licensed or not, what kind of license they have, their website security, and more. Especially with cryptos, you only want to play on safe, reputable casino sites.
Where Can I Buy Cryptocurrencies?
You can purchase cryptocurrency, including bitcoin, through an electronic wallet. You can use credit cards, bank wire transfers, and many other payment methods as a payment option. Note that once you buy cryptocurrencies, they will be stored digitally.
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Is It Better To Play With Bitcoin or Cash?
This is entirely up to you. The gaming experience, if the game is available for both situations, would be the same. Initially, this might imply that it's okay to play with either. However, you should bear in mind that cryptocurrencies are notoriously volatile. This adds an extra layer of risk to any gambling.
Let's contemplate this scenario: you win a lot of money in Bitcoin. When you want to withdraw your winnings, Bitcoin tumbles 25%. That's 25% less than what you would have won if you had stuck to fiat currencies. On the flip side, it can also happen that Bitcoin goes up massively, and you make even more than your initial winning.
Crypto wallet vs exchange
Crypto wallets and exchanges are both essential tools used to manage cryptocurrencies. Wallets are meant to keep your crypto funds safe, whereas exchanges are trading hubs where users convert fiat currencies to digital ones and buy or sell crypto based on current market rates.
Crypto exchanges Crypto wallets Facilitate trading between users Hold the private keys that are necessary to access cryptocurrency on the blockchain Convert fiat currencies into digital currencies Are offered by exchanges and independent developers. Are available 24/7, unlike traditional investment firms Can be an online-only platform, a physical storage device, or incorporate both aspects. Many crypto exchanges operate their own wallets, so users can start trading crypto as soon as they open their account without having to worry about getting a digital wallet of their own. These are known as web-hosted wallets, and their incorporated exchange is responsible for their security measures.
Serious traders are encouraged to keep an independent cryptocurrency wallet to deposit any coins they aren’t actively trading. This is because you could lose all your digital assets if the exchange is hacked.
Although you’ll be responsible for securing, backing up, and managing your own funds, independent digital wallets are a much safer alternative for safeguarding the bulk of your crypto.
Hodlnaut - $20
Hodlnaut is one of our favorite crypto savings accounts because they offer some of the highest interest rates currently available to borrowers.
They only allow weekly withdrawals to your wallet, but they have no lock in periods or minimum deposits. Right now, you earn up to 12.73% on your crypto.
Sign up and deposit into your Hodlnaut account to receive a $20 bonus when you deposit at least $1,000.
Gemini - $25
Gemini is another popular cryptocurrency trading platform. Like Coinbase, Gemini stands apart from the crowd due to its focus on security and transparency. It also supports 25+ currencies and offer crypto savings accounts.
Gemini is currently offers a $25 crypto bonus (paid in Bitcoin) for new users. To qualify, you’ll need to trade $100 within 3 days of opening your account. Register to start trading on Gemini >>>
10. Cafe Casino - Best Bitcoin Casino for Beginners
- Bitcoin-specific special offers, like more generous referrals
- 120+ games
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Cafe Casino is the place to go when you're looking for fun and useful information for beginners. They have several walkthroughs, FAQs, and incentives for Bitcoin players, which could be a great starting point for newcomers. They also offer nice Bitcoin-specific promotions such as extra money for Bitcoin referrals.
The game selection is good with 120+ options, including slots, roulette, blackjack, and others. And the best thing is perhaps that they allow not only Bitcoin deposits but also Bitcoin Cash, Bitcoin SV, and other cryptocurrencies, such as Litecoin.
Crypto.com - $10
Crypto.com offers a range of offerings for new users, including coin discounts and rebate options. And it also has a nice crypto bonus offer for new account holders. New users can receive a $10 sign-up bonus when they stake in 1,000 CRO as first stake.
Open an account with Crypto.com >>>
Do I Have to Pay Tax on Bitcoin?
The key benefit of using Bitcoin is a tax-free environment. While the blockchain network controls it, financial institutions, organizations, and government authorities cannot track crypto transactions, including banks and central banks.
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How We Chose the Best Crypto Exchanges
We looked at over 20 crypto exchanges and evaluated them based on cost, security, and user experience. Other factors we considered include cryptocurrency selection, payment options and trade volume.
We mainly focused on dedicated crypto exchanges and looked at trading platforms that let you trade other securities.
The best cryptocurrency exchanges scored high in the following categories:
Security - Users should feel that their crypto is secure on their trade platform, so security breach prevention measures and safe account management methods are essential elements. We looked at each platform’s history of keeping their users’ funds and information safe and considered whether they offered insurance to users in case they lost their money due to a mistake on their part.
User Experience - Regardless of whether one is a novice or an expert, an exchange that is easy to use and navigate is always a plus. We considered each crypto exchange’s mobile and desktop interface and favored those with more intuitive designs. We also looked at the educational content and research tools available for users.
Cost - Fees can be a headache for users, especially those trading with great frequency. We favored crypto exchanges that offered lower fees or ways of reducing said fees. We also valued transparency when it came to their fee structure.
What to look for when choosing a crypto exchange
When choosing a crypto exchange, the main things to look for are functionality and security measures. Your exchange of choice should have most, if not all, of the features you expect to use, be it fiat-to-currency trade pairings, liquidity aggregation, or specific altcoins and stablecoins you want to trade. It should also provide additional lines of defense, such as two-factor authentication and Bitcoin locks, which help against hackers.
Ease of use is another factor to consider and is especially important for newer traders who may struggle to use platforms with a less intuitive user interface. Nonetheless, advanced traders can also benefit from greater usability.
It’s also important to consider geography. Not all exchanges are available in the USA, some only operate in certain states.
WSJ | CMO Today
CMO Today delivers the most important news of the day for media and marketing professionals.
Shake Shack is testing whether it can reach younger consumers on Cash App and if customers are interested in more cryptocurrency options, executives at the burger chain said. Block’s largest set of customers are in the millennial and Gen Z age groups, Amrita Ahuja, the company’s chief financial officer told The Wall Street Journal in October.
Shake Shack hasn’t seen demand from its customers to pay with cryptocurrencies, so this experiment will be helpful in determining if the company should begin accepting them as a form of payment or extending the rewards program at some point, said Jay Livingston, chief marketing officer of the burger chain.
“You’re always trying to place your bets on those things that truly will be meaningful and not waste resources on the ones that won’t,” Mr. Livingston said.
Interest in cryptocurrency has surged, with institutional clients trading $1.14 trillion worth of cryptocurrencies on the Coinbase Global Inc. exchange last year, compared with $120 billion in 2020
Additionally, 62% of cryptocurrency owners increased their use of digital currencies in 2021, and 57% of consumers surveyed want to earn cryptocurrency via a rewards program, according to research from Visa Inc.
A group of about 6,000 crypto investors known as CityDAO bought 40 acres of land in Wyoming. WSJ’s Paul Vigna explains how this decentralized autonomous organization, or DAO, came to own this land. Photo illustration: Josephine Chu Block has experimented with bitcoin on Cash App since 2018 and began allowing users to send it to others on the app free last year, among other features to encourage people to learn more about the cryptocurrency. Users’ familiarity with bitcoin on the app spurred Shake Shack to work with Block on its rewards promotion, Mr. Livingston said.
“If we just started taking crypto right now at our kiosk, it would have very low adoption,” Mr. Livingston said. “But through someone like Cash App, who’s been promoting it, you will get some more people that want it and that also want to learn.”
Customer rewards programs that offer bitcoin are one of the easiest ways for consumers and companies to join the cryptocurrency space, said Alex Adelman, co-founder and chief executive of Lolli Inc., a bitcoin rewards company. Rewards from retailers including eBay Inc. and Lowe’s Cos. are available on Lolli.
Rewards promotions like Shake Shack’s offer a new way for companies to connect with customers digitally while delivering value to them, said Gracie Page-Fozzati, managing director of technology at SJR, a content marketing consultancy owned by WPP PLC.
“This loyalty scheme effectively subsidizes the democratization of crypto amongst a mainstream audience,” Ms. Page-Fozzati said.
Many companies are looking to experiment with cryptocurrency without expectations of positive results, said Karine Hsu, partner at Slope Agencies LLC, a creative agency that has worked with crypto startups. But brands still need a concrete strategy as they experiment and should determine whether consumers are curious at all about cryptocurrencies, she said.
As interest picks up in Web3, a buzzword used to describe a decentralized internet and startups in the cryptocurrency space, companies should see how they can add value to customers experimenting with digital currencies and other related technologies, said Brendan Gahan, partner and chief social officer at the advertising agency Mekanism Inc.
“Brands need to recognize the ecosystem is shifting away—it is evolving—and it is maturing, so if you want to play in this space, you’ve really got to bring something to the table,” Mr. Gahan said.
Write to Ann-Marie Alcántara at ann-marie.alcantara@wsj.com
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DISCLAIMER
Keep in mind that all online casinos have an age restriction of 18+. We encourage you to verify the age requirement before proceeding to further steps. Remember that it is crucial to stay within legal boundaries to avoid any consequences.
Remember that if you have a gambling addiction or know someone who requires help, immediately contact the National Problem Gambling at 1-800-522-4700. Furthermore, you can visit essential resources that will help you to deal with the gambling problem:
DISCLAIMER: This article is a paid publication. ABP and/or ABP Live do not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein. Before proceeding further and clicking the links provided in the article, the reader is advised to be well versed with the gambling laws of the country viz. Public Gambling Act 1867, IT Act 2000, etc. which prohibits running or being charge of a ‘public gambling house’. Further online gambling is also a banned offence in many States of our Country. The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The reader may also kindly note that real money gaming involves an element of financial risk and may be addictive. Readers who are influenced and motivated to play upon reading this article shall do so at their own risk and seek expert / professional advice before attaching any credibility to it. Nothing contained in the article/advertisement with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same shall in any manner creates any kind of legal responsibility upon ABP. Any action taken pursuant to the reading of the Article is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of ABP and/or ABP Live of being absolved from any/ all potential legal action, or enforceable claims.
Key points
- Gucci’s new cryptocurrency payment system could be the start of more real-life uses for crypto.
- If Gucci’s crypto payment strategy flourishes, it could mean big things for coin acceptance by retailers.
- Gucci’s commitment to the Metaverse could pay off big as we enter the future of digital collectibles.
Gucci, the famous fashion brand, is expanding its efforts in the Metaverse by unveiling its plans to accept more than 10 different types of cryptocurrencies, including Bitcoin, Ethereum, and Shiba Inu, in select U.S. stores as early as this summer. With a high-profile store like Gucci accepting cryptocurrency payments for its in-store merchandise, crypto is becoming more accepted as a source of value and a true medium of exchange. What will Gucci’s crypto payments system look like, and what does this mean for the rest of the cryptocurrency and retail markets going forward?
To Sum Up - Best BTC Casinos
Before you decide to sign up for a BTC casino, you should consider whether it’s a transparent website, whether the casino is reputable, and if there is a good selection of games.
According to our analysis, Bitstarz is the best Bitcoin casino because it scores high on all our essential tests. With that being said, other crypto casino sites earn more points in certain areas - perhaps the ones you might be more interested in - such as 7Bitcasino's jackpots, for instance.
So, we recommend you try them all and choose the one that feels best. And remember to always play safe!
Disclaimer: Gambling involves an element of financial risk and may be addictive. Please play responsibly and at your own risk. Subject to applicable laws. Cryptocurrency is an unregulated digital asset; not a legal tender. Subject to market risks.
How to Choose the Best Crypto Casino?
There is no specific crypto casino that will fit every single player. However, we recommend checking the casino license, identity verification, RTP, types of bonuses, jackpot, deposit and withdrawals limits, additional fees, and games selection to ensure it meets your needs.
Earn a $50 bitcoin bonus
Our updated list of the best cryptocurrency apps for 2022 is packed with best-in-class picks. The cryptocurrency apps that landed on our shortlist include perks such as $0 commissions, and one pick that is offering a $50 bitcoin bonus. Check out the list here and get started on your crypto journey, today.
Get the top picks
eToro - $10
eToro has long been popular overseas, but the company has recently opened its doors to cryptocurrency investors in the U.S. If you work with eToro, you will likely be pleasantly surprised by the wide range of digital assets available through the platform. One of my favorite features about eToro is that you can take advantage of a free practice account. The practice account is loaded with fake funds that will allow you to practice before you dive into the real thing. Personally, I find this feature useful as I wade through the learning curve associated with investing in cryptocurrency. In addition to all the great features, you can score a substantial bonus with eToro. You’ll earn a $10 bonus when you open an account and trade at least $100 in cryptocurrency. This offer is only available to US users. The deadline to make these trades and land the bonus is June 30, 2022. Open your account here >>>
eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.
Best Crypto Bonus Offers
Ideally, you’ll want to sign up for a platform that meets your needs while also rewarding you for signing up. Let’s take a closer look at the best crypto bonus offers on the market today.
Image source: Getty Images
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