Metamask Accepted Online Casinos
Metamask Online Casinos Overview
MetaMask, developed by Consensys in 2016, is a crypto wallet that enables users to make P2P payments as well as mobile casino payments. Compatible with major web browsers through extensions, it also offers apps for iOS and Android users. The wallet connects users to over 3,700 financial applications.
Type of Payment | Cryptocurrency Wallet (Ethereum-based) |
---|---|
Founded | 2016 |
Headquarters | Fort Worth, Texas, USA |
Number of Employees | 200+ |
Countries Available | 175+ |
Number of Users | 20 Million+ |
What Makes Metamask Stand Out?
MetaMask shines as a wallet choice for mobile casino enthusiasts, championing security, privacy, and decentralization.
Just like Bitcoin Cash, it is easy to download and install, keeps personal information private and secure, ideal for players valuing anonymity.
The wallet supports Ethereum and five other major blockchains like:
- Arbitrum;
- Optimism;
- Binance Smart Chain;
- Polygon;
- Avalanche.
It is a non-custodial wallet, putting users in full control of their private keys and keeping their details out of the reach of crypto casinos.
Additionally, fast transactions make it a preferred option for players, simplifying the process of deposits and withdrawals in online casinos.
Wear Your Safety Goggles On!
Critics argue that MetaMask and similar Web3 apps risk leaking personal data through their browser extensions, undermining their privacy goals.
How Much Do You Have to Pay Per Transaction?
MetaMask applies a uniform 1% fee on all transactions based on the specified fiat amount.
For example, if you pay $100 at an online casino, you have to pay a $1 fee.
Are There Additional Costs?
You must also consider additional costs, such as gas fees for transferring cryptocurrency. Additionally, always check for any fees charged by casino operators.
How To Use Metamask at an Online Casino?
Playing at a KYC-free online casino with MetaMask after downloading and setting up the extension or app on your device is straightforward. Here's a simple guide:
- Fund Your Wallet - Buy Ethereum from a crypto exchange. Transfer it to your wallet.
- Transfer Ethereum to the Casino Wallet - In your casino account, find the deposit section. Copy the Ethereum address provided. In the wallet, select 'send', paste the address, and confirm.
- Start Playing - Wait for blockchain confirmation. Once confirmed, log back into your casino account. You're all set to enjoy casino games.
To withdraw your casino winnings in ETH or USDT, go to the cashier, then select "Withdraw," where your connected MetaMask wallet address will be pre-filled. Just enter the amount and confirm the withdrawal request.
Do You Still Need to Complete KYC?
MetaMask enables anonymous casino transactions, but fiat conversions still require standard KYC compliance.
Is Metamask Secure?
MetaMask offers user-centric security as a non-custodial wallet, granting users complete control over their private keys.
This design prevents third parties, including crypto casinos, from accessing wallet details, emphasizing the importance of self-custody in cryptocurrency security.
However, as I stated earlier, it’s not 100% secure. Securely store your Secret Recovery Phrase; it's crucial for fund recovery and should never be shared. Losing it means MetaMask can't recover your wallet.
Who Holds the Private Keys?
'Self-custodial' means that you are the one holding the keys to your wallet. Metamask removes any intermediary from your dealings with your crypto assets. You may visit the official Metamask website to learn more about it.
Should You Choose Metamask?
In my opinion, MetaMask is a moderately reliable and secure payment option for casino payments, known for its speed and affordability.
However, it only supports ETH and ERC20-compatible cryptocurrencies. If you wish to gamble with other currencies like BTC or LTC, you'll need to look for an alternative payment method.
On the other hand, you should always stay alert to the volatility of cryptocurrencies like ETH and USDT; their values can fluctuate rapidly.