How Crypto Casinos Are Boosting Adoption for Non-Crypto Users

Since the first cryptocurrency, Bitcoin, was created back in 2008, the world of blockchain and crypto has come a long way. The most prominent change, in terms of media attention and total crypto adoption, has occurred between 2019 and 2023. In fact, in 2021 alone, following the meteoric rise of many cryptos, adoption was up over 880% across the year.

However, these percentages can be deceiving. Despite an 880% increase, crypto ownership in the U.S. is still only around 13%, representing one of the countries with the highest adoption. While India leads with 29% adoption, countries like Germany tail the pack at only 6% adoption. For a financial medium that is almost always in the media, these figures don’t seem to add up.

The truth is that crypto adoption, regardless of media hyper, has still not broken into the mainstream. For most users, the idea of a digital currency is still completely foreign. For others, the lack of utility of cryptocurrency makes it useless in their minds. To combat this, blockchain businesses around the world are looking for ways to increase the utility of cryptocurrency.

One of the best examples of this comes from the gambling industry. Duelbits, a crypto-first online gambling platform, is creating a surge of interest in crypto. Gambling is an incredibly popular global activity, with 1.6 billion people gambling regularly and over 4 billion gambling once a year.

The movement to crypto gambling has created a spike of interest in crypto adoption, the unification of popular online gambling strategies and digital assets bringing thousands of users on change. Exploring Duelbits and other leading crypto gambling sites, we’ll dive into exactly why gambling could be the key to surging crypto adoption into the mainstream.

Why Crypto Casinos Are So Effective At Pulling in Gamblers

Crypto casinos aim to offer the same experience as physical casinos without the inherent downsides of that medium. For example, instead of having to drive or take other transport to arrive at a casino, crypto casinos are directly accessible online. From the comfort of their homes, customers can access a fun experience whenever they would like.

Beyond accessibility, crypto casinos can provide betting on absolutely any live event or game. Without the need to fit all the different potential games into one physical space, online gambling is essentially limitless. Crypto casinos take this one step further by allowing people to gamble with any currency that they prefer. By rapidly exchanging fiat currency into a chosen crypto, users can get started instantly.

Similarly, crypto casinos use blockchain technology to provide instant payouts. For gambling enthusiasts, the ability to instantly get more money and continue playing is a huge benefit. Typically, traditional online casinos will provide poor rates and exchange fees that dampen the experience. Crypto gambling does the opposite, using the advantages of digital currency to create a winning gambling experience with a flawless user interface.

Equally, as time passes and people become more aware of cryptocurrency, mainstream brands are starting to partner with crypto casinos. A great example of this is how Duelbits recently partnered with major sports teams like Argentina FC to bring new clients to their platform. 

The mainstream marketing tactics that these crypto casinos are using enable them to get in contact with customers who may not have previously known what cryptocurrency is. From there, after participating in the heightened experience of online crypto casinos, customers are much more likely to continue with this gambling medium. 

What Do Typical Cryto Casino Customers Look Like?

One of the leading factors behind the success of crypto casinos is the fact that they don’t have just one type of typical customer. With traditional online gambling, those who want to pursue that experience are simply people who want an easier way of gambling without having to travel to a casino.

While crypto casinos can pull customers from this market, they can also onboard customers who are crypto savvy or have an interest in digital currencies. There are three core customer types that participate in crypto casinos:

• Gambling Fans – Gambling fans may become tired of the poor payouts or rigged experiences that online gambling platforms offer. With trust embedded in the fabric of the blockchain, crypto casinos offer a better experience for gambling fans looking for a change.
• Crypto Enthusiasts – Users that already have a deep knowledge of cryptocurrency will clearly understand the advantages of gambling on a crypto casino, actively seeking these platforms.
• Crypto Beginners – Users that have some basic cryptocurrency knowledge ts are one of the primary candidates for crypto casinos. These customers can gamble in a controlled environment while learning more about cryptocurrency. 

With this base of potential customers, we’ve seen a massive movement of clients to crypto casinos. Alongside this shift, overall knowledge and interaction with crypto is rapidly increasing.

Final Thoughts

Crypto adoption has gone through a rough period during the crypto winter. With falling interest in the digital currency, users from around the globe sold out and lost faith in digital assets. Yet, by combining cryptocurrency with already-popular online pursuits, sites like Duelbits are rapidly pulling in new customers and bringing them onto the chain.

The numerous advantages of online crypto casinos make this one of the most effective methods of teaching people about crypto in a fun and dynamic way. By mirroring and going beyond the traditional casino experience, online crypto casinos are singlehandedly changing the face of crypto adoption.

As these casinos continue to become more popular with users, we’re likely going to see a major shift toward the adoption and re-adoption of cryptocurrencies. The next few years will be an extremely exciting time for crypto.