ChainLink is the new trend at Australian casino sites, operating in the decentralized oracle network and providing free, instant, and secure deposit and withdrawal options. Using the ChainLink (LINK) casino banking methods, players don’t need to use third-party services or intermediaries to gamble online.
This page outlines the benefits of using ChainLink to play at online casinos, while also detailing the deposit and withdrawal process. The best news? You can play with outstanding bonuses using LINK for your casino deposits!
What are Chainlink casinos?
Chainlink casinos are exciting because they use a new and cutting-edge type of technology called Chainlink to help make their fun casino games more fair and reliable.
It’s important to understand that Chainlink itself isn’t a casino. Instead, it’s a tool that connects blockchains with real-world info. Chainlink technology uses smart contracts to automatically carry out various actions on real, secure data, without the need for a middleman.
This means that casinos that use Chainlink can do things like:
- Ensure game results are fair and honest by generating random numbers for games like roulette or slots
- Prove the outcome of games in ways that are easily verifiable by players
- Show the latest prices for cryptocurrency payments
Some casinos even let you deposit and play using LINK, the cryptocurrency made by Chainlink.
To put it simply: Chainlink casinos offer a safer, more transparent gambling experience so you know that you’re not being cheated. These use the latest tech to make sure all of their processes run honestly, giving Aussie players like you more peace of mind when you’re betting online.
Benefits of using ChainLink at Australian online casinos
Cryptocurrency deposits and withdrawals come with several perks for online casinos. Firstly, ChainLink transactions are processed instantly, because they do away with third-party payment processors and banks. Gone are the days of waiting hours or even days for your deposit to clear so you can gamble. You won’t have to wait a minute to play your favourite online pokies or enter the blackjack table when you make a deposit using LINK.
Also, the decentralized nature of ChainLink online casinos means that payments go through the public blockchain. As a result, other users verify and audit the transactions ensuring your funds will be secure. Few banking methods can brag an equal level of transparency.
The lack of fees is standard when making casino deposits, but withdrawing casino funds can be costly. Bank transfers often take $60 or more to process the payment. There is none of that with ChainLink online casino withdrawals, which means more funds to gamble online. This is all thanks to the blockchain, which is an online process without middlemen like banks. Because there isn’t another entity taking a cut of your money, you can avoid high processing fees and currency conversion charges.
Deposit and withdrawal process at ChainLink online casinos
Making a deposit at a ChainLink online casino is as simple as it gets. The first step is to find a renowned and licensed Australian casino that accepts LINK as a payment method. As LINK becomes more popular, you’ll find there are plenty of casinos from which to choose, maybe even some of your favorites. Once you have picked a listed casino that suits your preferences, you can create an account and navigate to the cashier or deposit section.
In the deposit section, you will typically find a list of payment methods available, including ChainLink. To make a deposit, you will need to enter the amount you wish to deposit and your ChainLink wallet address. If you don’t have a ChainLink wallet, you can easily register one by downloading a desktop or mobile wallet from the official ChainLink website or from a trusted third-party provider like Cash App or Binance.
Once you have entered your wallet address and confirmed the deposit amount, you will be prompted to confirm the transaction by entering your wallet password or providing your biometric data (if your wallet supports it). After the transaction is confirmed, the funds will be credited to your casino account with zero delays.
Withdrawing winnings from a ChainLink online casino is also a simple and straightforward process. Once you have accumulated some winnings, you can navigate to the withdrawal section in the casino cashier and select ChainLink as your preferred payment method. Ensure you’ve met any wagering and minimum withdrawal requirements before proceeding further.
To withdraw your winnings, you will need to enter the amount you wish to withdraw and your ChainLink wallet address.
After you have entered your wallet address and confirmed the withdrawal amount, the casino will process your request and send the funds to your ChainLink wallet. The transaction may take a few minutes to be confirmed on the blockchain, depending on the current network congestion.
Once you’ve received your funds, you can convert them to fiat for further withdrawal; convert them to a different cryptocurrency, like Bitcoin or Ethereum; or leave them in your wallet for the next time you want to make a deposit at the casino and partake in some cryptocurrency gambling.
Play with these Bonuses at ChainLink online casinos
ChainLink ensures punters gamble online without delays, securely, and for free. But there is more to it. Using LINK at Australian casino sites can lead to better value bonuses. These usually range from deposit match offers, free spins, reload bonuses, and even loyalty rewards.
Our casino list outlines the offers and promo codes reserved for Australian players who join and make a deposit using LINK at the online casinos. Have a gunter and choose the one that meets your needs!
Frequently Asked Questions
Are Chainlink casinos secure?
Absolutely! Casinos that have Chainlink integration are more secure than traditional online casinos, especially concerning fairness and transparency. They use Chainlink tech to power important parts of their systems, like random number generation and live data feeds. Because Chainlink is decentralised and can’t be tampered with, it helps make sure that operators don’t rig their games and that they calculate their payouts fairly.
Who regulates Chainlink casinos?
Keep in mind that Chainlink itself isn’t a casino; it’s a technology used by some online casinos. This said, Chainlink casinos are regulated the exact same way as other online gambling platforms. That means the casino operator must hold a licence from a recognised gambling authority, such as the Curacao Gaming Control Board or the Malta Gaming Authority.
Which games are on Chainlink casinos?
You’ll be happy to know that Chainlink casinos offer many of the same games you’d find at any other online casino. This means you can enjoy baccarat, blackjack, crash games, pokies, roulette, and even live dealer games.
The difference between Chainlink vs. non-Chainlink casinos is that the former use Chainlink’s secure technology, like random number generation, to prove that the outcomes are fair and not rigged.
Can I gamble with Chainlink?
Yes! Chainlink crypto casinos let you deposit, wager, and withdraw using the cryptocurrency LINK. One of the biggest benefits of using LINK is that transactions are often faster and come with lower fees compared to methods like credit cards or even some other cryptocurrencies. This means you can move your money in and out of the casino more easily, without having to wait days for bank processing or paying high conversion charges.
Can you earn with Chainlink casinos?
Yes, there are several ways you can earn money with Chainlink casinos. You can earn by betting and winning games, claiming bonuses, or taking part in tournaments and promotions offered by the casino.
Can I use fiat currency in Chainlink casinos?
Yes, Chainlink casinos allow you to use fiat currency – which refers to government-issued money, like AUD, USD, or EUR – along with crypto like LINK. Some casinos let you deposit with a credit card, bank transfer, or payment apps, and then they automatically convert your money into crypto for your gameplay.
Are Chainlink casinos secure against hacks?
The truth is that no system is completely hack-proof. However, Chainlink casinos have stronger security than traditional online casinos, especially when it comes to game fairness and how they handle your data. This is because Chainlink’s decentralised betting network helps prevent tampering by removing the need for a single, vulnerable point of control.
When did Chainlink casinos gain popularity?
Chainlink casinos started gaining popularity around 2020. It was around this time that more and more online casinos began adopting blockchain technology to improve transparency and offer players more options for deposits and withdrawals.
Can anyone participate in Chainlink casinos?
Yes, anyone can participate in casinos with Chainlink integration, so long as you’re of age and in a region that allows for betting through online gambling. To use LINK to play, you’ll also need a crypto wallet and a basic understanding of how to send and receive cryptocurrency. Some casinos make things even easier for you by allowing fiat deposits and then converting your money to crypto.
Do you have to have crypto knowledge to use LINK?
Not necessarily. While having some basic crypto knowledge certainly helps (both for online gambling and in general), many Chainlink casinos are designed to be user-friendly for beginners. That said, it’s still a good idea to learn the basics, like how crypto wallets work, how to store your funds safely, and how blockchain transactions function.
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