Are Cardano Gambling Sites Safe?

Not only are the best Cardano casinos safe, but some experts believe them to be among the safest online casinos around.

There are a few reasons for this. One of them is that Cardano is perceived as an extremely secure digital asset. The Cardano network has never experienced hacks or downtime. ADA was designed with security in mind, and it’s become an ever-present in the top-20 ranked cryptocurrencies.

Playing at the best Cardano casinos also allows you to try provably fair games. These are casino titles which capitalize on the decentralized nature of utilize blockchain technology to show you how a random outcome was achieved. The throw of a dice or turn of a card can be shown to be out of the Cardano casino’s influence, so there’s no room for rigged games.

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Getting Started With Cardano Gambling: Choose a Wallet

If you want to play at a Cardano casino, it’s first necessary to have a Cardano wallet. This will give you somewhere to store your coins when you want to transfer them in or out of the casino.

Fortunately, there are tons of options for Cardano wallets which are free and easy to set up.

Here are the top-recommended options as judged by our experts:

• Daedalus. This wallet is “full-node”, meaning it’s specially designed for ADA and is a popular choice.

• Eternl. Our experts had high praise for the design and layout of the Eternl wallet, although some of its users don’t love the fact it’s closed source in an open-source community.

• Yoroi. The first light wallet to support Cardano, this early entrant has stood the test of time.

• Coinbase. If you want to simplify things, Coinbase lets you buy and trade ADA along with over 240 other coins.

How to Deposit With Cardano

Even if you already have a wallet for certain cryptos, you may find you need to set up another one for Cardano, as it operates on its own chain. But once that’s done, making a deposit to a Cardano gambling site is easy work.

Naturally, you’ll need to create an account at a Cardano casino as well as having a wallet loaded with ADA. But that’s straightforward, too.

Follow these steps to make a deposit at a Cardano casino:

1. Create a Cardano wallet. You have lots of free choices, and can find our expert picks in this Cardano casino guide.

2. Add funds. Top up with some funds. Depending on your chosen wallet, you may need to first upload to a crypto exchange.

3. Trade on an exchange. Swap your CAD for ADA. You may need to trade to a coin like BTC first, then swap it for ADA.

4. Send ADA to the casino. Now that you have your Cardano, send it to your casino wallet address to start playing.

How to Withdraw With Cardano

If you’ve earned prizes at the slots or tables, you’ll want to cash out some of those winnings in ADA coins. Again, it’s easy to do so.

If you’re used to only dealing with the Ethereum network and ERC20 tokens, just keep in mind that Cardano works on its own network. This means things will look and feel a little different, but the Cardano blockchain is well-designed for withdrawals and transfers.

Plus, it’s faster than a lot of other crypto networks. BTC and ETH are monsters in the crypto scene, but newer networks and coins like Cardano can often handle more transactions per second.

This is how you withdraw ADA from a Cardano casino:

1. Sign in to the casino. Using your username and password, access the Cardano casino where your funds are stored.

2. Get your wallet address ready. Find it by logging into your wallet, whether that’s Daedalus, Eternl or something else.

3. Send your coins. Enter your private wallet address and choose how many ADA you want to send. Check the gas fees, too.

4. Exchange or store. You should receive your coins in minutes. From there, you can trade for CAD or simply store the ADA.