What is Peercoin?
Peercoin is one of the longest running cryptocurrencies, launched just a few years after Bitcoin, and before many of the currencies we are familiar with today, like Ethereum. Despite this long pedigree it often goes under the radar when digital currencies are discussed, especially when it comes to its use at the
best crypto casino sites.
Peercoin sets itself apart from other cryptocurrencies by being minted instead of mined, meaning that the production of more Peercoin does not use the huge amount of electricity required to mine currencies like Bitcoin. Instead, time is the factor here, with minting benefiting those who contribute to the network. To signify this important difference, the symbol for Peercoin (usually shortened to PPC) is a green leaf, which is what you need to look out for when searching for a PPC casino.
Peercoin is an inflationary coin (ie. there is technically an unlimited supply) but the principle of minting means that this can be limited to 1% per year, still making it a viable investment proposition. However, like the vast number of altcoins, it tends to gain or lose value with the market as a whole, rather than purely on its own merits.
Acquiring Peercoin to use at a Peercoin casino
Also like most other altcoins, Peercoin can be bought at a cryptocurrency exchange. You are likely to have a preferred one already; but if you don’t, you need to find the right one for you and sign up and fund your account before going any further. Just as with many online casinos. To do this you are likely to have to verify your account and provide ID to prove you are who you say you are. Funding your account initially can be done from a number of sources and a wide range of FIAT currencies like EUR, USD, and GBP are accepted.
Purchasing is simple. You need to search for Peercoin - you’ll see it listed as PPC - find the pairing that is right for the currency you have in your account and if you are happy with the price and any fees the exchange charges.
What to look for in a Peercoin casino
Now you have your Peercoin, you need to look for the right casino to play at. This is not as simple as just selecting the first one you come across as there are some major considerations involved. The first of these is that Peercoin is not widely accepted, so you need to choose carefully
You will also need to find a crypto casino that can operate in your area. As you know, gambling laws vary across the globe, especially when it comes to using any sort of cryptocurrency. Typically, the website will detect if you are in a region where they should not operate, but you will need to check the T&Cs just to make sure.
Make the most out of signing up at a Peercoin casino
It is equally important that you take a serious look at what you get for joining one casino over another. Nearly all of them will have a welcome offer of some kind, but they don’t all involve
crypto casino free spins. For instance, Stake.com has one of the most generous offers around if you use the code STFSOCIAL when registering. This will get you a 200% deposit match up to $1000 or equivalent, plus a 10% rakeback. Out of all of the offers you see, you will have to pick the best one for you.
In addition to this, there are other aspects you need to look at like the usability of the site, and how responsive customer support is. If you are there for the long haul and not just to try and take advantage of the bonus, you should also investigate the extra benefits offered by the VIP program, even if it is just a modified loyalty program.
Use the resources here at Strafe to find the right Peercoin casino for you
Of course, you would rather be playing than looking, so you could instead opt to use the reviews and ratings available at Strafe to narrow down the search for you. Our review team has been taking an in-depth look at crypto casinos, and reporting back on everything they find. So instead of spending time looking into each one individually, you can rely on the expert eye of our reviewers to do the hard work for you.
Which is the best Peercoin casino?
Because everybody has different preferences, each person is likely to have different ideas about which one is best. However, our team of reviewers has taken a look at many of the available choices, and these are some of the most highly rated.
1. Stake.com
Like many of our top-rated casinos, Stake.com is yet to accept Peercoin. As Stake.com is adding more payment options all of the time, it might be available soon. In the meantime, however, you can exchange your Peercoin for a more popular currency and still reap the benefits.
As you will already have seen, Stake.com has an impressive bonus, and that is matched by the range of games that are available. You will find titles from big-name providers such as Hacksaw Games and Pragmatic Play and an exclusive range of games under the Stake Originals banner. These include slots, table games, and some unusual games like Dice or Crash, which are quick to play and have high RTP percentages.
You will also find an almost constant selection of promotions with offers like weekly raffles for cryptocurrency prizes, and daily a contest where the top 5000 positions on the slot wagering leaderboard receive a prize from a $100K fund. There is also a VIP club that has bonuses awarded to players right from the lowest level up to more bespoke rewards for the high rollers at the top.
2. 1xBet
This is another operator that is yet to accept Peercoin but has 42 other digital currency options you can convert your Peercoin into before registering and exploring the site. The first thing you will notice here is that like Stake.com they have a sportsbook to add to your wagering options. Also like Stake.com, they have a wide range of games, but not the original and unusual titles.
As you might expect, there is also a welcome bonus for both sports and casino for new customers, and a newly created VIP club to offer more benefits to regular players.
3. EmuCasino
Emu Casino rounds off the list, and is another operator where you will have to exchange your Peercoin for another currency before playing. There is also a welcome bonus but it is if you are looking for a
crypto casino no deposit bonus, you won’t find it here. There is also no sportsbook, but for casino players, there are daily races for the top slots players with prizes of $1500 or equivalent for those that top the leaderboard.
The range of games is large enough here too, so it won’t take you long to find a favourite to play, whether you prefer slots, table games, or the live casino experience.
Making a deposit using Peercoin
Part of the usability of whatever casino you decide on will be funding your account so you can take advantage of generous bonuses and play the slots and table games available on the site. As you already know, Peercoin is not widely accepted, but where it is, the process for making a deposit will be very similar to any other digital currency.
Of course, before you begin this process you will have to ensure you are logged in to your account, and once there you will need to find the wallet or banking option, depending on where you are. Next, you need to select ‘Deposit’ and choose Peercoin from the available options. Don’t expect to find it at the top of the list, so be prepared to scroll down the available choices, or click for more options if you don’t see it listed.
Once you have located it, copy the unique code over to your wallet, or you may have to scan a barcode. You then need to enter the amount you wish to deposit and confirm the payment. The casino will not typically charge you for doing this, but you should expect to pay a fee to the blockchain network for making the transaction. As with all crypto methods of payment, this should all take place almost instantaneously.
Withdrawals at a Peercoin casino
As with any other type of withdrawal from a casino, before beginning this process you should ensure the funds you wish to access are withdrawable. That means that you have met all of the wagering requirements associated with any bonuses you have claimed and that the withdrawal you wish to make is above the minimum withdrawal threshold.
Once you have those boxes ticked, you then need to go to your account dashboard and select your wallet. From the different coins you have in your account, you then select Peercoin and enter the address you want to withdraw your funds to.
After entering the amount, you may have to perform additional verification in the form of MFA (multifactorial authentication) for security purposes. Once this step is complete, the withdrawal process has been started, and you should receive your funds as soon as any internal checks have been made by your casino of choice.
What are the advantages of using Peercoin over normal currencies at a casino?
As you can see, despite being a rare find among payment options, Peercoin does have its advantages, especially when you weigh it up against FIAT currencies like USD, EUR, GBP, and CAD.
Anonymity
Online privacy is very important to many people, especially when doing something like placing a wager online. Using Peercoin, along with many other digital currencies does not come with the paper trail you would get with more traditional methods of funding a casino account.
Fast transactions
Crypto transactions at sportsbooks and casinos are typically much faster than using methods like Visa or Mastercard, which in some cases will take 5 working days to appear in your account.
Payment limits
While casinos and sportsbooks might still impose limits, you can still use currencies like Peercoin without any limits from banks. You have no questions about what you are doing with your funds, and as long as you have enough in your account, you can do what you want with it without wading through a pile of red tape.
How does Peercoin measure up against other cryptocurrencies?
Peercoin has its pros and cons, but then again so do other cryptocurrencies. If you are intending to use Peercoin for your crypto casino playing, you need to make sure it is the best option available for you. There are so many different cryptocurrencies it would be impractical to compare them all, however, it is only sensible to stand Peercoin toe to toe with some of the most popular.
Bitcoin is the obvious place to start, as it is the most famous cryptocurrency. In fact, when you talk about cryptocurrency, some people will just think you are talking about Bitcoin. The practical upshot of this is that virtually all crypto casinos you will come across will accept Bitcoin, which is far from the case with Peercoin. On the other hand, Peercoin is far more environmentally friendly because it is not mined like Bitcoin, so there may be an ethical edge to your decision.
It is a similar story with Ethereum. Despite predating Ethereum, and being something of a trailblazer Peercoin is not accepted at anything like the same number of places as Ethereum, whether that be just online casinos or the world in general. Again, Peercoin outstrips Ethereum when it comes to environmental friendliness, so this is likely to be the only reason why you might want to pick Peercoin over Ethereum.
Unlike Ethereum, Litecoin was around before Peercoin and is widely recognised as the first altcoin. This pedigree makes it a more common sight at crypto casinos than Peercoin, which probably gives it the edge for playing online. The only thing Peercoin wins on here is yet again the environmental factor.
Conclusion - Strafe can make it easy for you to find and play at a Peercoin casino
Peercoin has much to offer as a cryptocurrency, being one of the early coins, and the first environmentally friendly coin. However, its falling popularity means you won’t see it at many crypto casinos. This means that finding the right casino that accepts Peercoin can take longer than you’d like.
By using the resources here at Strafe.com, you can turn that hard job into an easy one - whether you decide to stick with Peercoin or exchange it for something else to make the most of the generous bonuses and promotions available at a wide range of crypto casinos.
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Peercoin casino FAQ
💡Can I play at a casino using Peercoin?
There are a huge number of online crypto casinos, and also a huge number of available cryptocurrencies. That being the case, you might think that finding a PPC casino would be a piece of cake. However, that is not the case and to find out if you can use Peercoin to play slots and table games online, check out our latest guide.
💭 Is Peercoin legit?
While you will almost certainly have heard of Bitcoin, and probably Ethereum and Liecoin as well, Peercoin is a bit more obscure. For that reason, people might be worried that it is not legit and is all part of a scam. By reading our insightful guide, you will find out more about Peercoin, so you can judge for yourself whether it is worth using at a casino or not.
🤔 Which is the best Peercoin casino?
As people have different preferences and levels of experience when it comes to playing slots and table games online, it is always difficult to declare that one operator or another is the best. However, by reading our guide to Peercoin casinos, you will see what is available so you can decide on the best one for you.
💸Should I use Bitcoin or Peercoin at crypto casinos?
Bitcoin is very popular and accepted at so many online casinos, but it is usually not the only digital currency option available. In our new guide, we compare Peercoin to Bitcoin and other cryptocurrencies so you can see the pros and cons of each, and decide on the best option for you.
🙋Do Peercoin casinos payout?
It is always important to know that you can get your winnings out when you need to. By checking out our insightful guide, you will see what is involved with making a Peercoin deposit and withdrawal.
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