The Currencies
Regarding sweepstakes and traditional crypto casinos, the main difference is the use of virtual currencies. While traditional crypto casinos allow players to bet directly on whatever currency they wish to use (Bitcoin, Ethereum, DogeCoin, etc.), sweepstakes crypto casinos require users to transfer their cryptocurrency of choice into their platform’s virtual currency of Gold Coins.
In order to deposit money into a sweeps crypto casino, the player must select how many Gold Coins they wish to purchase. In other words, players cannot directly bet their cryptocurrency in sweepstakes casinos. Cryptocurrencies must first be transferred into Gold Coins (and bonus Sweeps Coins) to be used in the platform’s library of games.
The Library Of Games
The selection of games does not change too drastically from traditional crypto casinos to sweepstakes model casinos. Typically, both casinos carry traditional on-land casino games, such as slots, table games, card games, and fish table games. While players can bet any amount of their crypto in traditional crypto casinos, players using sweepstakes crypto must stick to playing or betting Gold or Sweeps Coins.
What They Have To Offer
There are many benefits to using either a traditional or sweepstakes crypto casino. Traditional crypto casinos utilize blockchain technology to keep all transactions safe, transparent, and fair. While traditional fiat online casinos operate on centralized servers that manage game outcomes and transactions, crypto casinos rely on the decentralized networks of blockchain to manage these things instead, ensuring things are fair, unbiased, and secure.
Sweepstakes-style crypto casinos also operate on blockchain and have many of the benefits that traditional crypto casinos have. The biggest advantage sweepstakes crypto casinos have against traditional crypto casinos is that sweeps crypto casinos can still be free-to-play. Most (if not all) sweepstakes casinos (including crypto ones) welcome players with a generous bonus consisting of Gold Coins and Sweeps Coins. Like traditional on-land or online casinos, players must spend money to play in traditional crypto casinos.
The use of Gold Coins in sweepstakes casinos allows players to try games and bet for free with no commitment, as no real money is involved. In addition to this, sweepstakes crypto casinos often give players many ways to earn more Gold Coins and Sweeps Coins via bonuses such as daily login bonuses and no-deposit bonuses, giving players even more chances to play and win big without having to make a purchase.
Another great advantage of using crypto sweepstakes casinos is the selection of prizes. While players can choose to cash out in the cryptocurrency of their choice, they can also sometimes choose from other various prizes such as gift cards or other valuable rewards.