What is Fantom - A quick overview
Fantom is a decentralised and open-sourced digital platform that is primarily focused on dApps (decentralised applications) and digital assets (NFTs, for example). The token, FTM, has increased in value thanks to a growing large number of investors in the platform since it launched in 2018.
If you are looking for a comparison to a more established cryptocurrency, Fantom is effectively trying to become the next Ethereum, only better. And just like the coin it wishes to surpass, FTH is fast and relatively cheap to use, which makes it ideal for online gambling deposits and withdrawals.
The pros and cons of using an FTM casino
As with all cryptocurrencies, there are some pros and cons of using Fantom to game at the best Bitcoin casino sites. You can have a quick glance at the main advantages and disadvantages below:
Pros
- Speed - Fantom has very quick transaction speeds, even when compared to the best instant withdrawal Bitcoin casinos and betting sites.
- Low fees - The network fees for using the platform are extremely small.
- Free deposits - Some online casinos, such as BC.GAME, won’t charge you anything for FTM deposits.
- Anonymous - Like on all other decentralised platforms, Fantom offers complete anonymity when gambling online.
- Security - The proof-of-stake model helps to further prevent cyber attacks.
- Investment - While it is volatile, the Fantom platform is well-backed, so FTM tokens are decent assets to hold.
Cons
- Availability - There aren’t many crypto casinos that currently accept FTM.
- Competition - Fantom’s main direct competitor is Ethereum, which is just about the biggest concurrent you can have.
- Volatility - As with all cryptocurrencies, the price volatility makes FTM a risky asset to have.
Who are FTM casinos best suited for?
Although Fantom has been around since 2018, we would still class it as an up-and-coming cryptocurrency. It is relatively well-established, however, it still has a long way to go.
We would therefore recommend gambling with FTM gambling to you if you already have some experience with crypto casinos. If you are totally new to crypto betting, then we would start off with Ethereum or one of the best bitcoin betting sites instead.
Our top rated online casinos
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1. BC.GAME - The best Fantom casino online
There aren’t many crypto casinos that currently allow Fantom deposits and withdrawals. So at least one of the few that does just so happens to be one of our top-rated operators and one of the best on the market - BC.GAME.
At BC.GAME, you can make deposits with FTM completely free and without any minimum or maximum limits. When it comes to withdrawal, there’s a small fee of 0.5 FTM and a minimum limit of 1 FTM. However, there is no maximum.
BC.GAME - At a glance
- Thousands of casino games
- Provably fair crypto games
- Massive 780% welcome offer
- Crypto sportsbook that includes esports
- Excellent VIP rewards
- Free FTM deposits
- Low FTM withdrawal fees
- No maximum FTM deposit/withdrawal limits
As we said at the top of this article, one of the main issues that Fantom gambling faces at the moment is the lack of availability. Fortunately, Ethereum casinos provide a perfect alternative, and there are plenty of them.
Therefore if you can’t find a Fantom online casino that suits you, there is no shortage of alternatives. And one of the best ETH casinos out there right now is Stake.com.
On this site, you will find over 2,000 casino games, including Stake Originals, which are a unique set of in-house developed games. These games are built using provably fair technology, meaning that they are more transparent and built with crypto gambling in mind.
Stake.com: Pros & Cons
- Reputable and endorsed brand
- Exclusive welcome offer available
- Original games
- Provably fair technology
- Accepts multiple cryptocurrencies
- Doesn’t currently accept FTM (but you can use ETH as an alternative)
How to claim an exclusive welcome offer at Stake.com
As a new player at Stake.com, you can claim an exclusive welcome offer with our promo code: STRAFECASVIP.
If you enter this code when completing the registration form, you will get a 200% deposit match up to $1,000. Additionally, you also get 10% rakeback in your losses every week continually.
How to gamble at an FTM casino - Step by step
If you don’t yet own Fantom or any other crypto and are totally new to online gambling, then here is a quick step-by-step guide that will walk you through the process:
- Get a crypto wallet - The first thing that you will need to do is open a wallet where you can store your crypto.
- Buy FTM - Next, you will need to purchase some FTM on a reputable crypto exchange.
- Find your ideal site - Use the reviews here at Strafe to find your ideal Fantom online casino.
- Register - head to the website of your chosen casino and create an account by completing the registration form.
- Deposit - Head to the cashier and make your first Fantom deposit.
- Start playing - You can now use your FTM deposit funds to start playing crypto casino games and/or wagering on sports.
Top tips for gambling at a Fantom casino
Now that we’ve introduced you to Fantom gambling and the best online casinos that accept it, we can move on to the fun part. Below, we have provided you with our top five tips for using Fantom to gamble online:
This tip applies to gambling more generally, but before you make your first deposit it’s vital to get a bankroll management plan in place. First of all, set your overall budget that should be no more than you can afford to lose. Secondly set aside increments of no more than 5% of your total bankroll for each wager. Use one of these no minimum deposit Bitcoin casinos if you want to bet small.
Change your account currency
The value of Fantom, like most other cryptocurrencies, is quite hard to follow and calculate at a glance. If your operator gives you the option to change your account currency to fiat currency, then do so. It’s much easier to know how much you're winning in USD than it is in FTM.
If you really want to get ahead when gambling with FTM, you need to study the market as well as casino games. If you get it right, you can deposit when the market price is low and withdraw when it’s high to increase any profits you make from winning.
Many players get tempted by high-volatility games with large jackpots. However, it’s better to be patient and play high RTP games with a low volatility rating, like slots and Bitcoin Blackjack sites. These games payout smaller wins more frequently, which can maintain and steadily increase your bankroll.
FTM and other cryptocurrencies are cheaper for online casinos to support than fiat currencies, as they don’t have to pay large fees to payment providers. As a result, the best operators, including BC.GAME and Stake.com, pass these savings on to you in the form of no deposit Bitcoin casino bonus offers and more. Always check what offers are available and use them when you can.
FTM Casino - Conclusion
In summary, FTM is a good option for online casino gambling thanks to its speed, low fees and scalability. The only real downside right now is its lack of widespread availability. While this might make Ethereum the better option right now, we definitely wouldn’t rule out Fantom overtaking it at some point in the future.
The best online bonuses
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Fantom Casino FAQ
🎰 Do any online casinos accept Fantom?
See what online casinos accept Fantom or any of your preferred cryptocurrency casinos here at Strafe. We are crypto gambling and esports experts, so you know you can trust our advice. Moreover, we updated our article regularly to reflect the ever-changing world of crypto betting.
❓Is it legal to gamble with FTM?
The answer to this question depends on where in the world you are for example, the rules different for USA Bitcoin Casinos than elsewhere in the world. Find out more about FTM gambling in your location here at Strafe.com.
🤔 Is Fantom or Solana better for online gambling?
There are pros and cons to both if we’re honest. You can compare both of them by reading our dedicated article for each one. After that, you can then make an informed decision as to which one is right for you.
📍 Where can I gamble online with FTM?
If you want to find new Bitcoin casinos anywhere in the world that accept a specific cryptocurrency, then Strafe.com is the place to do it. We cover all legit operators across the world and have articles related to specific altcoins, including FTM.
