What is crypto games?

The value of the online gambling industry is estimated at $53.7 billion annually. From virtual cards and online sports betting to bingo and video slots, there are thousands of ways to place cash bets in digital casinos.

And now some offer crypto games to their clients.

What is game encryption?

Crypto gaming combines online casino games and betting with cryptocurrency. This means that you can place bets using cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, instead of traditional fiat currencies (US dollars, euros, pounds sterling, etc.).

Apart from the currency used to top up your account, there are very few differences between crypto games and a regular online casino. Most casinos work in a web browser, but some also offer mobile apps, so you can also play on the go.

Why would I try to encrypt games?

Crypto games make more sense for people who already trade cryptocurrencies. Perhaps you want to play anonymously or want to hide your trades from your bank (or government).

Until cryptocurrencies become more widespread, crypto games are likely to remain a relatively niche hobby.

What do I need for crypto games?

Getting started with crypto games is very simple. All you need is:

• Cryptocurrency Wallet
• An account on a gambling site offering crypto games
• Device - smartphone, tablet or computer – for playing on

Setting up a wallet and gaming account is simple and straightforward for an experienced web user - and there are plenty of online guides to help. The only problem may be your choice of gaming device - some games will require high-performance computing power to work properly. If your smartphone is more than a year or two old, your gaming experience may suffer.

What are the risks of crypto games?

Cryptocurrencies exist outside of traditional banking systems, which means they are also exempt from many of the protections offered by banks. If a hacker breaks into your account, most banks offer some form of insurance to guarantee the protection of your money.

If a hacker breaks into your cryptocurrency wallet, there is no protection – or any way to get your money back. You will need to be very careful to make sure that your wallet and your crypto gaming accounts are properly protected from loss or theft. You should also be aware that the protection provided by crypto gaming service providers can be very limited. Read the terms of service very carefully to find out if they provide any compensation in case of hacking of their systems by hackers.

As always, your first line of defense is to use a powerful antivirus tool on your crypto gaming consoles. If you are gambling on a computer or laptop, download the free trial version of Panda Dome - it will protect you from malware that is commonly used by hackers to steal your cryptocurrency wallet. And if you encrypt games on a mobile phone, you can protect yourself with an antivirus for Android, which is available for free here.