With Stellar Lumens (XLM) as one of the preferred cryptocurrencies by investors and gamblers for allowing smooth cross-border transactions without discrepancies, there is a lot to learn about XLM. Our Stellar gambling guide gets right into it and provides every information one would need to know about XLM. For example, Who is behind the crypto? What’s its history? How is its acceptability globally? Is Stellar better than Ripple? How to purchase XLM coins?
For one, Stellar casinos are not plentiful, but that does not discredit its huge potential that has seen peer-to-peer international transfers done at ease. Additionally, like most altcoins (other cryptocurrencies besides Bitcoin), the digital currency is built on a decentralized blockchain protocol. This stakes the crypto coin differently from other traditional payment methods with centralized modules.
Stellar Lumens (XLM) is a digital currency built on a decentralized blockchain protocol, facilitates smart contracts, and allows peer-to-peer local and cross-border transactions. One aspect to note is that Stellar is a system designed for currency exchange, while Lumens are the built-in tokens that ensure the functioning of the currency exchange system. But, there is a unique aspect of XLM. The users can’t mine Lumens, nor will the protocol award them since they come in a fixed amount. At the time of writing, Stellar’s price was around $0.33 to $0.36. And besides XLM gambling, Stellar is a digital currency used in trading platforms and music apps.
Stellar (XLM) came into existence in 2014 after being founded by Jed McCaleb, the Ripple (XRP) co-founder, Joyce Kim, and David Mazieres. As earlier implied, Stellar follows the same module as Ripple. During its inception, the founders had an objective of the crypto coin providing a decentralized peer-to-peer framework that would allow users to create smart contracts and process transactions locally and internationally while avoiding any discrepancies that came with such transactions. In 2015, The network had its global customer base stand at three (3) million users and a market cap of almost $15 million.
As the years went by, the attractiveness of the network grew, and many entities, including gaming platforms, adopted the currency in their banking section.
In a nutshell, any casino that accepts XLM payments on deposits, withdrawals, or both is an XLM casino. However, there are two sides to it. One casino might have Stellar as the only payment method (Stellar-only casino). In contrast, in another, Stellar comes out as one of the payment methods in the crowd that would consist of other cryptocurrencies or fiat currency banking options.
Legality is one essential aspect of all casinos. Whether one gambles on a fiat or crypto casino, every player wants the guarantee of gambling in a legal and safe casino. So, whether Stellar gambling sites are legal depends on the location/country one is gambling from. An interesting point to note is that some countries do not legalize the use of cryptos within their jurisdictions.
Additionally, some countries do not legalize online gambling, and therefore, it would be illegal to gamble at a Stellar casino in such countries. However, there is the concept of gambling at Stellar offshore casinos. While some jurisdictions may criminalize online gambling in their countries, they leave a lacuna on where offshore gambling sites stand. Therefore, players can play on Stellar gambling sites licensed and regulated by the Curacao Government, among others.
However, all casinos on our page are fully legal, with their licenses issued by reputable bodies, including the UK Gambling Commission, Malta Gaming Authority, and Alderney Gambling Control Commission. Keep in mind that with the decentralization aspect of Stellar, Stellar-only casinos do not need any license from government bodies. The only requirement a player should check is if the country they reside in allows cryptocurrency use. Only those casinos accepting fiat currency, alongside Stellar, will need operating licenses.
While there is a decent range of Stellar casinos, a few come out as the top Stellar casinos for several reasons. Besides the payment sections of these casinos, players should check other parameters before opening their accounts to start gambling with XLM. So, what does one check before settling on the top Stellar casino? They should check the following:
Going through the Stellar casino reviews is another aspect to consider while choosing the best Stellar casino. The vast range of available casinos in the market currently has led to some fake and rogue casinos cropping up. Some may have questionable licensing details, while others may have trouble while cashing out funds, and so on. But, players can avoid all the hassles by simply going online to read the Stellar casino reviews and have insights from other players who have used the platforms before.
We have reviewed some of the reputable online Stellar casinos and listed them on our website. Choose the one you prefer and get cracking.
While there exist other altcoins you can use on an online casino, why should you opt for Stellar? There are several reasons for this, including:
While there are many advantages to gambling with Stellar Lumens, there are a few disadvantages of the same crypto while gambling. They include:
Every successful Stellar transaction to an online casino will involve the following:
All transactions will be straightforward, and below is the extensive process of depositing and withdrawing with Stellar at a casino. Here is a detailed process of depositing and withdrawing:
However, you can withdraw any winnings from a bet made through your deposit at any time. To withdraw, you will go to the ‘Withdrawal/Cashier/Banking/My Account’ section to initiate the withdrawal. Once in the section, enter the amount you wish to withdraw, provide your Stellar wallet address, and confirm. The withdrawal should be instant after the casino processes the request.
As stated, the most efficient and straightforward way of buying cryptocurrencies is through online exchanges. Plentiful exchanges exist, which calls for players to check for those that support their payment methods. For example, if you prefer Visa/MasterCard, you should choose an exchange that allows you to use the cards to buy the cryptos of your interest. Other options you can use on these exchanges include bank transfers, prepaid cards, e-wallet options such as PayPal, Neteller, and Skrill. You can also buy your preferred cryptocurrency through other cryptos such as Bitcoin, Ethereum, and Litecoin.
Stellar’s reputable crypto exchanges include Binance, FTX, Huobi Global, Coinbase, Kraken, Bittrex, and Coincheck.
Are you fazed about the new Stellar casinos coming up? While they may be young, it should not mean that they are illegitimate or rogue casinos. Remember, it is essential to have a background check to ensure they are legit, and all the casinos appearing on our guide satisfy the legitimacy aspect.
While crypto casinos are not plentiful compared to casinos accepting fiat currency, they are slowly catching up. The latest casinos boast more and better aspects such as faster transactions and having provably fair games. Besides that, they come with enhanced technology, features, and innovation.
Below are the top-rated new Stellar casinos we have reviewed.
Mobile gaming has been booming for the past few years, thanks to the convenience that comes with it. Players do not need to sit in front of a desktop to play games all day. Instead, they can transact on their mobile and play their favorite casino games anywhere at any time. Remember, there are several mobile wallets downloadable from the App Store or Google Play Store, pointing to the attention given to mobile users.
Besides accessing Stellar casinos via browsers, many casinos personalize their products for accessibility on mobile apps. Players can download a Stellar casino gambling app from the App Store or the main website to access the Stellar casino app with Android devices. You are unlikely to find a real-money gambling app on Google Play Store since it is against their policy.
Wondering about the best casino games to play with Stellar? There are different selections you can make at XLM casinos, depending on your bet size (small-stake and high-stake), age (old-school and modern), and experience (newbies and experienced gamblers). The casinos’ partner with top software providers, including NetEnt, Microgaming, Playtech, Red Tiger Gaming, Yggdrasil, and Play’n Go. Top games to expect include:
Slots are the most popular casino game type and are the most extensive in almost every casino. You can spin a Stellar slot machine for free or real money, with the former option a promising avenue for beginners and those looking to try new games. Play Stellar slots (three-reel slots and video slots) and trigger features, ranging from free spins, wilds, scatters, jackpots, and bonus rounds.
Blackjack passes as a popular table game, and you are unlikely to find a Stellar casino without blackjack titles. Practice your skills and try strategies to improve the odds of accruing the wins. You will have different blackjack variants, including European, Perfect Pairs, Spanish 21, and Classic.
Roulette is another popular game in the table & card game category. While skill applies to blackjack, roulette gambling in Stellar casinos depends on chance and luck. The highlight is that the games boast different bet sizes to incorporate small-stake and high-stake players.
Craps is the most popular dice game, and while not many Stellar casinos provide the game in their portfolio, it is an easy game to make returns. The main hack in the game is to lower the house edge to improve the chances of winning.
Dice is another easy game to find in Stellar casinos. The main tip is to pick a midpoint between 0-99 and correctly predict whether the number after rolling the dice will be over or under the midpoint. Unfortunately, finding a Sellar dice game category is rare.
Expect Stellar casino bonuses on the casinos whenever you register. The casinos offer them to attract and retain traffic on their platforms. There are different bonuses to expect for new and existing players, including:
Despite being rare, a Stellar casino with no deposit bonus such as free spins or cash bonus remains popular among players for several reasons:
In most cases, no deposit bonuses are only available for new players. Once they successfully sign up for an account, they will enter a bonus code that activates the bonus. However, some operators offer these bonuses to existing players, and this calls for them to check the terms and conditions under the bonus to check the process of claiming them.
Wish to claim a no deposit bonus? Here are some of the casinos offering the bonus.
Besides Stellar, the cryptocurrency industry features a host of other crypto coins players can use on casinos. They include: