World’s First Licensed Bitcoin Casino Adds Cardano (ADA) Payment

  • World’s first licensed Bitcoin casino operator Bitcasino has added ADA to its payment options.
  • ADA now joins popular crypto assets BTC, ETH, LTC, USDT, XRP, and TRX at Bitcasino.
  • Bitcasino is under Coingaming Group, which also operates Sportsbet.io.

Bitcasino, one of the world’s first licensed Bitcoin-based casino operators, announced that it will be adding Cardano (ADA) as a payment method.

Users now have seven cryptocurrency options to choose from with the recent inclusion of ADA. Aside from ADA, Bitcasino accepts Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Tether (USDT), Ripple (XRP), and Tron (TRX).

According to the press release, users can deposit a minimum of 15 ADA on the platform. Meanwhile, they can withdraw at least 30 ADA. With the ADA price at CoinGecko at the time of writing, this puts the minimum deposit to $16.65 and the withdrawal to $33.3.

Bitcasino is one of the brands operated by Coingaming Group, alongside the popular Sportsbet.io. Tauri Tiitsaar, Director of Casino at the said company, said that this move was only inevitable, given ADA’s reputation.

Tiitsaar said:

Cardano network is one of the most popular platforms in the world so it was only natural for us to add ADA as the next cryptocurrency on Bitcasino. It is certainly something our players have been waiting for and we’ve now delivered.

Meanwhile, the price of many cryptocurrencies today are still reeling after US President Joe Biden announced his plans to raise the capital gains tax to 40%. At the time of writing, BTC is struggling to maintain $50,000, while ETH has fallen below the $2,500 level.

Tags:
disclaimer read more

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

CryptoNewsLand (CNL) is a one-stop online crypto news website that offers the latest happenings in the crypto world.