Crypto slots have been a huge hit for online casinos. With the recent explosion of the cryptocurrency market, more and more people are looking to get in on the action with crypto slots. But what exactly is crypto slots? And how can you start playing them? The craze of playing the online bitcoin casino are much increased these days. People from different parts of the world are found playing such games. The online mode has provided the players with better opportunities, gaming experience, and safety that most of them keep looking for. So choosing online over offline crypto is always worth it and better.
Before we dig into the various types of crypto slots, it’s important to understand what they actually are. Cryptocurrency is an alternative currency that exists as digital tokens, like traditional money does. In this case, there is no central authority or government controlling the supply of coins. Instead, blockchain technology is used to regulate the flow of coin issuance through a consensus algorithm. The consensus algorithm creates a chain of blocks containing transactions between users and addresses. Users use these transactions as “proof-of-work” to create new blocks. The first block contains the initial set of transactions, and each subsequent block builds upon the previous one. This process continues until a certain number of blocks have been created, at which point the blockchain becomes fully verified and immutable.
In order to play crypto slots, you simply need to download a browser plug-in such as CoinSlots. Once you’ve done so, all you need to do is click the “Play Now” button to begin playing. You’ll be prompted to enter your username and password, after which you’ll enter the amount of virtual currency you wish to bet with. From here, you can select the amount of coins you want to wager and then click on the “Start Game” button. Your game will be listed among other games on the site. Clicking on it will bring up the actual slot machine interface.
The first thing you should notice while playing a crypto slot is the fact that the reels spin automatically when you make a selection. Unlike regular slots, where you must press a button to activate each reel individually, crypto slots are completely automated. As soon as you choose a symbol, all the reels will start spinning simultaneously.
Next, you’ll notice that the payouts per line on crypto slots tend to be higher than those you’re accustomed to seeing on standard slots. On average, most crypto slots will give out anywhere from 50-100x the amount of wins you earn with a regular slot. The reason for this has to do with the way in which crypto slots work. While regular slots have a fixed number of symbols per reel (usually 25), crypto slots only have a fixed number of lines. That means that if you win a line, you can potentially win the entire reel.
On top of that, the payout amounts for crypto slots aren’t just based on the total number of winning combinations on the reel. They also take into account the number of times you won on each individual line. For example, let’s say you win three lines of symbols on a given reel. Each symbol on each line is worth 10,000 credits. So, if you win three lines on a single reel, you would receive a payout of 30,000 credits for a total prize of 90,000 credits. In addition, the payout amount is multiplied by the number of lines you won. So, if you win three lines on a single reel, you would receive a payout of 60,000 credits for a total prize of 180,000 credits.
You may also notice that some slots offer bonuses and free spins. If you happen to land a bonus symbol during the free spin round, you will be awarded extra free plays. Likewise, if you land a bonus symbol during the base game itself, you will be rewarded a multiplier. These multipliers range from 2x to 5x, depending on the specific slot you’re playing.
Now that you know how crypto slots work, let’s talk about the different categories of crypto slots available today. First off, we have crypto jackpot slots. A crypto jackpot slot is one that offers extremely high prizes but requires you to wager very large amounts of coins to claim it. Typically, these slots require you to wager 20,000+ credits to claim the jackpot. When you reach the jackpot, you’re awarded a cash prize equal to whatever the highest amount of coins was that you had wagered on the game.
Next, we have progressive jackpots. Progressive jackpots are similar to crypto jackpots except that instead of being a separate category, they appear alongside regular jackpots within the same game. Since they’re not separate games, they don’t require you to wager any additional coins beyond what you’d normally need to play the game. Instead, once you reach the jackpot, you’re awarded the full amount of coins you were originally betting.
Finally, we have classic, non-progressive slots. Classic slots operate similarly to regular slots. However, most of them lack the advanced features found in their progressive counterparts.
So now that you know the basics of how crypto slots work, you should be able to successfully navigate the world of crypto slots. All you have to remember is that the higher the coin value, the higher the potential payoff. With that said, if you’re a beginner or just getting started, stick with the simpler crypto slots and avoid the more complex ones until you feel comfortable.
If you’re interested in learning more about cryptocurrencies and cryptocurrencies specifically, check out our guide on how to buy bitcoins.