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The Binance Coin, or BNB, is the cryptocurrency of the leading crypto-exchange Binance. It's no surprise then that BNB is increasingly accepted and becoming a serious player in the world of crypto transactions, including crypto gambling. Given that it's the native token used in Binance to pay for transaction fees, BNB adoption has been high and the coin surged in the 2021 rally from around $20 to a high of $690. Its value was around $300 in September 2022, and with a market cap of $43.4 billion.

While there's no doubt that BNB is a top cryptocurrency, gambling with BNB coin is still relatively new. At least compared to Bitcoin and Ethereum. That's why we put together this BNB Casinos guide to help you get started.

BNB is known for being a relatively stable coin in that its price hasn't been so volatile when compared to other major cryptocurrencies like BTC or to meme coins like Doge. In addition to BNB, Binance also issues a true stable coin, that is one that USD backed, called the BUSD. The BUSD is 1:1 to the US dollar.

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Adoption of the BNB coin at crypto casinos has been quick. There are already several excellent crypto casinos like Stake, Bitstarz and Playamo to choose from when it comes to gambling with BNB.

"More BNB coin casinos will be available soon. A reliable insider source tells us that the SoftSwiss group of casinos will be adding Binance coin to its available payment methods."Vienne Garcia - Online Casino Expert

What is BNB Coin?

Launched in July 2017, the BNB coin is Binance's in-house token, designed to pay for the fees on the crypto exchange. Although it wasn't a runaway success immediately, it has certainly solidified its place in the market over the years. The BNB letters themselves stand for "build and build".

BNB was initially built on the Ethereum blockchain before it switched over to the proprietary Binance chain for faster trading. However, the Binance chain wasn't compatible with Ethereum's smart contracts, so the Binance Smart Chain was designed. In February 2022, the Binance Chain and the Binance Smart Chain merged and became the BNB chain. The vision is that it will become the infrastructure of the Metaverse, Defi and NFTs all together.

Technically speaking, the BNB coin cannot be mined because it uses a proof of stake consensus algorithm, and not proof of work like Bitcoin. However, you can earn BNB coins by staking them. It's sort of like putting your money into a savings account and receiving interest after a certain period of time.

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The future for Binance coins in the casino space looks bright. As the third largest cryptocurrency in terms of market cap, and as the token of one of the most popular crypto exchanges and wallets, the Binance coin has experienced widespread adoption that has not gone unnoticed by casino operators. It's clear BNB is here to stay and many casinos are making sure they will be compatible with the token.

BNB is often compared to Ethereum. While ETH gas fees are low, BNB fees are even lower. Then, there is the fact that since BNB is native to the Binance ecosystem, it will definitely have certain advantages over other coins on that platform. If you are on Binance, the BNB chain normally has the lowest fees for withdrawals. In short, the Binance coin can be an excellent payment method for funding your casino bankroll.

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With BNB being a Binance coin, the most obvious place is to buy it at Binance. On Binance you can even earn more BNB by staking it. But of course there are other crypto exchanges where you can buy the Binance token, the main ones being:

• Exodus
• Bitpanda

However, you can't buy BNB on Coinbase. The Coinbase wallet app recently added the feature to perform swaps on the BNB chain via decentralized exchanges, but you need to already own BNB tokens to perform the swap.

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Gambling with BNB really couldn't be any easier. The key thing is to shop around for a casino that works for you. After that, you just need to make a deposit into your casino account to start betting. You do it from the casino's website through these simple steps:

1. Sign up and login to your casino account.
2. Look for the Deposit or Cashier button. If you don't see it right away, you'll typically find it around your profile.
3. A list of cryptocurrencies will show up. Choose BNB.
4. Enter your BNB deposit amount.
5. A QR code will appear. You can scan this with your wallet app, or copy the address beneath the code.
6. Confirm payment.

You should typically see the transaction go through in 5 to 15 minutes, depending on how busy the network is.

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1. What are the advantages of Binance coin casinos?
2. What are the disadvantages to gambling with BNB?

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1.) What are the advantages of Binance coin casinos?

The advantages of using the Binance coin at casinos is that you will enjoy everything that people love about crypto gambling. That means high limits, quick withdrawals, high levels of security and a great choice of games. Specific benefits to the BNB coin itself include:

• Lower price point than Bitcoin and Ethereum with lower fees
• You probably already have BNB tokens if you are on Binance
• Can earn BNB tokens on the side on Binance

As you can see, some of these advantages relate to using Binance for your crypto exchange.

2.) What are the disadvantages to gambling with BNB?

What should you look out for if you plan to gamble with BNB tokens? The main disadvantage of using BNB instead of BTC, ETH or even LTC is that it's not as widely accepted at casinos.

• Not as widely accepted as BTC, ETH, and LTC at casinos
• Not supported by Coinbase - Coinbase users will need to find a workaround

One of the reasons why initial uptake of BNB tokens at crypto casinos has been relatively slow was because the initial tokens could only work on the Binance chain and on no other blockchains. However, with the development of the BNB chain, the original BNB ERC 20 BNB tokens have been slowly replaced by BNB BEP 2 coin, opening more doors for the coin. We therefore see more casinos adding BNB to their list of payment options in the future.

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The crypto space is known for fast paced innovation. With the developments on the Binance chains over the years, there are several Binance tokens, reflecting the different chains they work on:

• Binance USD ERC 20
• Binance USD BSC
• Binance BEP 2
• Binance BSC

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Lots of high rollers enjoy crypto gambling because of the high limits. There are virtually no maximum limits in terms of deposits. But what if you want to stay casual?

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The good news is that the minimum deposit limits when using the BNB coin are also lower than if you were depositing in fiats like the US dollar. At Fairspin for example, the minimum deposit using BNB is the equivalent of $2.77 US, which is clearly much lower than the traditional $10 or $20 minimums.

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This gives players a lot of flexibility. Although as a gentle reminder, it's good to keep in mind that you want to deposit enough to actually gamble. The BNB minimum won't get you very far and it essentially just covers the network fees. And after all, we're all here to have a riot with real money gambling, not just to pay fees!

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Although banking is important, casinos are more than just how efficient transactions are. They are also places to have a good time. And that means at BNB casinos, it's also about the casino games you can play with the BNB coin. So to put it succinctly, the games you can play always depends on the casino's total offering, and not so much on the specific cryptocurrency you are using. At the sites listed on this page, casino games are plentiful across all the main game categories:

Crypto games include Provably Fair games like Crash and Plinko, which both play more like arcade games than traditional casino games and are insanely popular.

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When it comes to gambling with BNB, it's pretty much the same as crypto gambling in general. Mostly it's about finding a casino that accepts the coin you want to use, and at the risk of sounding like a broken record, make sure you choose a reputable crypto casino. Other than that, here are some BNB gambling tips that will come in handy:

• Check the BNB price and buy when it's low
• A decentralized exchange (DEX) will generally have lower fees
• Consider staking some of your tokens if you are on Binance to earn more
• Plan your crypto gambling budget accordingly

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Although uptake has been fast, the Binance Coin is still not considered common place in the world of online gambling. If you're the kind of player who likes to try out different sites, it's good to consider other cryptocurrencies that are more widely available as a payment option at casino sites. Your best alternatives are:

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin

• Dogecoin
• Ripple
• Tether
• Tron

Compared to the days when crypto gambling was synonymous to Bitcoin casinos, the landscape has certainly changed. Ethereum, Litecoin, Ripple and Tether are all coins that many crypto casinos will accept.

BNB Casinos FAQ

1. Can I only get BNB from Binance?
2. Can I play Bitcoin games with the Binance coin?
3. How can I earn free BNB coins?
4. Are there BNB bonuses?

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1.) Can I only get BNB from Binance?

Although the BNB token is native to Binance, you can certainly buy BNB elsewhere. Bitpanda and Exodus can be good choices, or DEXs like Pancake Swap and Sushi Swap are also good alternatives. Do remember though, that to buy BNB on a DEX, you need to have a wallet that is compatible with the Binance Smart Chain.

For absolute crypto beginners, we usually recommend going with a platform like Binance because it's designed to be so intuitive that anyone can get in on the game, any time. DEXes require a bit more setting up, but they are definitely worth checking out once you have the basics sorted and a feel for how crypto works.

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2.) Can I play Bitcoin games with the Binance coin?

Yes. Bitcoin games are only called as such because Bitcoin has been synonymous and cryptocurrency for a long time. Obviously, the crypto scene is much more than Bitcoin nowadays, and as long as the casino accepts the Binance coin, you can use it to play the so-called Bitcoin games and everything else the site has to offer. Bitcoin slots, blackjack or whatever else you find at the casino – you can play them all with BNB.

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3.) How can I earn free BNB coins?

One way to grow your coin supply and earn more BNBs is to stake your coins on Binance. This is when you lock in your tokens to a particular project for a specific period of time. You can find different staking products in the Binance Earn section of your account with different rewards and lock-in time frames.

Alternatively, there are several crypto wallets that pay interest when you lock your Binance coins into their savings account, and this applies to other crypto assets too. It's always worth shopping around for wallets if you want to get more serious about crypto.

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4.) Are there BNB bonuses?

There aren't any casino bonuses specifically for using BNB, but if you see an offer listed in BTC or ETH at a site that accepts the Binance coin, you can usually claim that offer through a BNB deposit too. However, you should know that some casinos will have different max amounts you can claim according to the coin you are using.

This is usually listed in the offer's terms and conditions. BTC bonuses tend to have the highest max amounts if you convert things back into fiat currency for reference.

You can also claim the BitStarz bonus with BNB More Less

Of course, other than deposit bonuses, you will also be eligible to claim and participate in other casino promotions. Crypto casinos are famous for coin drops, tournaments, and cashback offers and you can always get extra value with these, whether you are gambling with Binance coin or another cryptocurrency.

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If you're looking to get into both the crypto investing and gambling space, BNB is a good place to start. It's seen a huge price increase from floating around $20 to staying steadily above the $200 mark since 2021.

Native to one of the biggest crypto exchanges, you can earn extra tokens through staking your BNB in various projects. The Binance Coin BNB is right on track to become a popular payment method at crypto casinos. Although initial uptake was slow, with the development of Binance Chain, many sites have been quick to add this coin to their banking options and we foresee many more to come. Given its importance in the general cryptocurrency space, there will be no shortage of gambling options with BNB coins.

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