Best Cardano Casinos

What is Cardano?

In 2017, Cardano was founded as a Proof-of-Stake blockchain, its token being ADA. This token was designed so that all the traders who held the asset would have a chance to share their thoughts and opinions regarding a proposed change to the software (blockchain). This new and open-source crypto was coined mainly in 2016 by none other than the founder of Ethereum, Charles Hoskinson. He wanted to stabilize a volatile market whose price movements can enormously impact the entire world economy.

With that sole aim, he came up with the idea of Cardano, a peer-to-peer, open-source blockchain with its security token, ADA, that can hold a constant price for a long time. To ensure that the cryptocurrency is safe and the transactions can be initiated without any hassle, Cardano was designed with a PoS protocol, also known as the Ouroboros. As a result, the coins mined are entirely secure, and the hashing blocks are as tricky as that of the bitcoin cryptos. But as a miner, no one has to spend more energy decoding the hash and adding the coins into the liquidity pool.

There has been an upgrade in the Cardano system. Its circulation of Smarts Contract to a soaring high form in early 2022, where the number of contracts increased beyond 1000 while the tokens in circulation have taken a rise beyond 3 million. In 2021, this cryptocurrency reached its all-time high with a $3.101 so far. The maximum supply value of the ADA token is 45 billion tokens high from the other competitors like bitcoin and Litecoin. Apart from this, it has a market cap valuation of $18.8 billion, further increasing the demand for this crypto in several sectors.

With the proper implementation of the networking protocol, Cardano can be made one of the best third-generation cryptocurrencies with the potential to stabilize the market and keep your assets safe from the market’s volatility.

Layered blockchain architecture

Unlike other cryptocurrencies having a single-layered blockchain, the Cardano blockchain has double layers. CSL or Cardano Settlement Layer is used for handling all the transactions carried on through the exchanges. In contrast, the CCL or Cardano Computational Layer is mainly used to deploy all the Smart Contracts into the liquidity pool. Due to the layered architecture and will keep your assets safe from any piracy or suspicious activity.

Less time for mining

Usually, cryptocurrencies pose a lot of difficulties in terms of mining contracts or tokens. But fortunately, the ADA tokens have less complex hashing blocks that can be mined easily without wasting too much energy. This is one of the main reasons Cardano has become so popular amongst gamblers.

Where To Buy And Hold Cardano?

Like any other cryptocurrency, Cardano can be bought from regular crypto exchanges. These virtual platforms allow you to purchase the tokens from the liquidity pools or exchange any other type of crypto into the desired form. Usually, these are based on the crypto trade markets, and therefore, you can also use them for increasing your investment by pitching a lucrative trade on any crypto of your choice.

For buying the Cardano, you need to choose an exchange platform that is trustworthy, reliable, and highly secured. With so many different media types available, it is truly a challenge, and there are high chances of making mistakes. Therefore, you have to think correctly and then make a choice. If you aren’t sure whether the Cardano exchange you have chosen is at all suitable or not, you can follow the below-mentioned tips.

1. Always choose a licensed exchange platform to avoid worrying about security compliances and regulatory issues.
2. Check whether it is compatible with the Cardano currency or not. If there is no option, there will be no point in choosing the exchange and scrutinizing it further.
3. After this, you need to check whether it is compatible with the online gambling platform or not. If yes, you can proceed with the buying process of the ADA tokens.
4. Even though the minimum transaction fee is set at 0.01 ADA, you still should check whether the exchange is levying any other kind of fee or not in the form of administrative and management services.
5. Another essential factor you should check is whether the wallet incorporated within the platform has double-layer authentication or not. If not, there might be issues with the security network later on.

Once you have bought the cryptocurrency, you can hold it in your wallet. It can be a software wallet integrated within an exchange platform or a hardware wallet stored in your laptop or PC only. Make sure to deposit the Cardano tokens in a wallet compatible with the online gambling platform.

John Hunter and the Book of Tut

This is one of the most amazing slot games from Pragmatic Play, where you have to play an Egyptian theme-based game. It has five reels with at least 94% RTP so that you can bag some exciting wins for yourself. The beautifully ornate book is the scatter symbol, and once you have three of them on the screen, the Free Spin feature will get triggered. It has 10 pay lines with the betting value changing as per the chosen pay line. So, for example, if you have five scatter/wild symbols on the screen, the maximum payout will be 200 times the bet placed. One of the best features is that you can re-trigger the Free Spin feature if three or more wild appears on the screen during the previous Free Spins.

Alice Adventure

Manufactured by iSoftBet and with an RTP of 95.17%, this is one of the best slot games you can play if you like fantasy-based themes. Alice is naturally the highest paying symbol with a maximum payout of 10000, followed by the Joker and her evil sister with an equal payout of 3000. The blue cat forms the scatter symbol, and based on whether the number is 3, 4, or 5, the winning amount will be 5x, 10x, and 25x of the total bet, respectively. A small red bottle symbol will activate the Alice bonus feature once three characters are on the reels. From this, you can win about 5 to 15 free spins. In addition, the wild with different multipliers can appear on the screen, and it will multiply the payout with a multiplier up to 5x.

Other Casino Games That you can play with Cardano

Apart from the slots, you can play many more games, starting from poker to dice games, depending on the casino you have chosen. The most amazing part is that most of these are table games available in both virtual and live casino formats, thereby allowing you to play and practice efficiently. Some of the popular gaming categories that will be available on the Cardano casinos are:

Baccarat

In Baccarat, you have to decide which card in the pair has the higher value. Usually, the dealer deals the cards in teams for each player. In each pair, if the player card has a more excellent value than the banker, it is a “player” combination, while vice versa is said to be the “banker” combination. The mixture is termed ” tie ” if both values are the same; the mixture is termed “tie.”

Roulette

Roulette is another popular casino game you can play with the Cardano tokens. Here, it would help if you placed a bet on any number marked on the circular dial. For example, it can be a ‘4’, ‘6’, ‘51’ and so on. Once all the players have placed their bets, the dealer will spin the dial and leave it to come to rest automatically. As the dial rotates, a small crystal ball will jump up and down while rotating simultaneously. Once it comes to rest, the dealer will decide whose betted number matches the crystal’s position. If it’s yours, you will win the round.

Cardano Fees For Casino Deposits

One of the best things about the Cardano casinos is that they charge a nominal value on all kinds of deposit transactions which amounts to 0.01 ADA per transaction. It doesn’t depend on the total amount of bet placed, the number of times you have initiated, and so on. This rate is fixed and is mostly the same throughout top casinos offering Cardano.

Cardano vs Bitcoin

Cardano is quite different from Bitcoin, so both these currencies are said to complement each other. For example, BTC is based on Stake of Work blockchain technology, while ADA is a State of Proof blockchain.

Cardano vs Tether

Even though Cardano is considered a stablecoin, they have several differences.

Final Verdict

We have discussed everything you need to know about the Cardano casinos, and we are confident that you can win the games and bag some fantastic prizes for yourself. Just make sure you don’t share any personal information as no online casino will take responsibility for the same.