Solana Online Casinos

Online casino players who prefer playing with cryptocurrencies, today, have many tokens to choose from, and Solana is one of the newer ones to consider. Being fairly new, it is a cryptocurrency that offers improved crypto transactions, with enhanced speed and many other perks that would make you consider it over others. It is already getting accepted across many casino sites, so you can rest assured that you’ll be able to find one to join which offers it right away. What is Solana and why use it as your online casino payment solution?

About Solana

The still up-and-coming cryptocurrency, Solana, was launched just a few years back, in 2020. It is the rising star in the crypto scene, mainly because it offers improved functionalities when compared with other cryptocurrencies. In fact, it was launched as a competitor to Ethereum, so naturally, it was built in a similar platform, but with many improvements that give it an advantage in the rather competitive crypto market. It is especially convenient for crypto project users, developers, in particular, to use, since it is a growing platform that includes DeFi, NFTs and Web3. This may not mean anything to you as an online casino player, but as a crypto aficionado, you’d greatly appreciate it.

It was engineered for mainstream use by being lightning-fast, energy efficient and above all, an incredibly inexpensive decentralized payment solution. One of its many builders, like as Anatoly Yakavenko, the co-founder, has a background in building cell phone networks, meaning they were focused on scalability and efficiency, believing that they needed to make it as painless and easy for people to use the blockchain technology and experiment with it, and its token SOL.

Having that in mind, it should come as no surprise to you that this crypto is actually incredibly user-friendly, and easy to get started with and use. Speed is at its core. That's the thing that makes it stand out from the rest of the cryptocurrencies available today. In fact, it is the thing that makes it outperform other competitors. The second great thing is the price. Just like its builders wanted, its price is incredibly reasonable, so anyone can use it and experiment with it. And the third and most convenient thing is that it uses a special innovation called proof of history, in addition to the known Ethereum proof of stake, which allows it to validate transactions quickly and efficiently, and for just a fraction of a cent. That's right, this crypto is one of the most cost-efficient to use.

Considering its cost-efficiency, speed and convenience, it is no wonder that Solana is quickly finding its way across the top online gambling sites. The number of casinos that offer it at the moment may not be as big as those offering Bitcoin, for instance, but that’s because the token is fairly new. You’ll see that, given what it has to offer, SOL will quickly be listed among the top cryptos across online casinos. Stay with us to learn how to get started with it and use it.

How to Start Using Solana

If you’ve ever used crypto, you’ll know what to do with Solana. But even if you haven’t, as mentioned, this is a super user-friendly solution that is incredibly easy to get started with, even for users who are experimenting with crypto for the very first time.

The first thing you should know is that you’d need to choose a wallet to keep your tokens on in. You may or may not know, there are several types of crypto wallets you could use, but an eWallet would be the most convenient to use if you wish to use the crypto across online casinos. There are plenty of different eWallet apps you could download and install on your smartphone, but you can also go with the simpler option, creating an account with an exchange platform and purchasing your coins on the spot.

You can join one of the popular trading platforms, exchanges like Coinbase, Binance or Kraken for instance. You'd need to sign up for an account with one of them, enter some personal details and connect a payment method to it. But, before we get into the payment methods, you should know that you will receive private and public wallet addresses, which will function as your ID when sending and receiving coins. These need to be kept safe and away from wandering eyes, as they will be key to your crypto transactions.

As you will see, contrary to other cryptos like Bitcoin, which needed to be mined, you can purchase Solana with fiat currencies. And you will do that as soon as you create your account with one of the exchange platforms.

When it comes to purchasing the coins, you will be able to use all kinds of credit, debit cards and eWallets, among other options, and even other cryptocurrencies, if you already possess any. And as soon as you have some SOLs in your wallet or account, you'll be able to start using them across online casinos. Find out how!

Depositing and Withdrawing with the Solution

As mentioned, this is a pretty new solution across online casinos, so you won't find it across hundreds, but only dozens of online casinos. Nevertheless, you'll have a decent choice of sites to explore to find the one you'd like to join and start depositing with the solution.

The depositing process would be the same as with any other cryptocurrency. If you’ve ever deposited with crypto, you’ll know the steps. If you don’t know them, here there are:

1. Head over to the casino’s Deposits/Banking/Cashier page.
2. Look for Solana’s logo and press it.
3. In the pop-up, copy the casino’s wallet address.
4. Log into your crypto wallet, paste the casino’s address and enter the amount you’d want to deposit.
5. Confirm the transaction and watch the coins arrive on your balance in an instant.

When it comes to withdrawals, you’d need to go through a similar procedure. You’d still need to choose the solution as your withdrawal method, but this time, in the pop-up window, you’d need to paste your wallet address, and specify how much you’d like to withdraw. After the casino approves your request, it will send the coins to your wallet in an instant. That’s right, withdrawals with Solana are instantaneous, too!

Bear in mind that, when depositing and withdrawing with this solution, and any crypto for that matter, it is essential to triple-check the wallet addresses, since once the transaction is confirmed, it cannot be reversed. Transactions with crypto are irreversible, meaning you won't be able to retrieve them in case you've entered the wrong details.

Coverage and Restrictions

Just like all other cryptocurrencies, Solana is a global solution accepted all across the world, in all countries that accept crypto.

Bear in mind that some countries, such as Russia, South Korea and Turkey have banned crypto transactions. Others, on the other hand, have embraced them, such as Malta, the US and Finland. So, before you get started with this solution, make sure you understand your country's laws in regard to cryptocurrency transactions, to avoid unnecessary complications.

Fees and Additional Charges

Solana offers some of the most cost-efficient transactions, as mentioned, with only some crypto-related, small fees, that never go beyond a fraction of a cent.

However, across exchange platforms and some casinos even, you might notice that some fees would apply. These are usually maintenance fees when it comes to exchange platforms and transaction fees across online casinos, so make sure you discover more about them before you chose an exchange platform and the casino to go with.

Accepted Currencies

Across the crypto exchanges you’ll head over to purchase your SOLs, you’ll see that you can use the world’s most mainstream and popular fiat currencies, such as the US dollar, the euro, Canadian dollars, British pounds and Australian dollars, to name a few.

But you will also see that you can do a direct crypto-to-crypto exchange and purchase your SOLs using Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, and Litecoin, among others. Essentially, the choice of fiat and digital currencies you could use would depend on the exchange platform you join.

Customer Support

There is an official Solana website you could visit to discover more about the solution, but there’s no contact information, no Customer Support service that you could actually get in touch with in case you have questions or experience problems while using the solution.

That’s because this is not a traditional payment method, but a cryptocurrency, so just like with other cryptos, in case you need the human touch and you need to talk to a Support rep, you better contact the casino’s Customer Support. Casinos’ Support agents are trained to assist players with anything, so they’ll probably be able to help you out with any questions or problems you might be having with this cryptocurrency.

Conclusion

In case you're looking into cryptocurrencies to use across online casinos, you should definitely explore Solana as your option. It functions similarly to Ethereum but offers improved processing times, it is less expensive and more user-friendly, perfect for any newbie in the crypto world. You will be able to make instant deposits and withdrawals with it and exchange it for fiat and digital currencies, all kinds of them. It is a solution suited for players across the globe, so no matter where you’re residing, you’ll be able to use it.

FAQs

Is the Solana official website available in many languages?

Yes, indeed. When you visit the official website, you’ll see that it is available in English, Dutch, Italian, Suomi, Turkish, Spanish and Arabic, among others.

Must I join a crypto casino to play using SOL?

No, not necessarily. Although crypto casinos are entirely running on blockchain technology, and as such, are better to join, joining regular casinos would also give you the opportunity to transact using SOL.

Are there any transaction limits I should be aware of?

No, absolutely not. Solana itself does not implement any transaction limits, however, you should bear in mind that your casino might. Most casinos implement transaction limits on all payment methods, even though usually, the limits for crypto transactions are the loosest.

Can I use both mobile and desktop devices to transact with this crypto?

Sure! You can join an exchange platform and a casino via both mobile and desktop devices, so you can rest assured that you’d be able to transact with this crypto cross-device.

How many casinos offer transactions with this crypto approximately?

We cannot pinpoint the exact number of casinos offering it, but you can rest assured that you’ll find at least a dozen top casino sites offering transactions with SOL.