Chainlink
Chainlink is a cryptocurrency that uses a highly secure and flexible infrastructure to move monetary value around. Chainlink is a fully decentralized financial network that connects smart contracts to APIs or all external ecosystems. Chainlink has become increasingly popular and is one of the most popular digital currencies.
Casinos with Chainlink
- Chainlink
It uses blockchain technology that’s set on the Ethereum network. You can use Chainlink’s network value-token to make deposits and withdrawals at crypto-friendly casino sites. Cryptocurrency payments are still growing in the gaming world so we can expect more new online casinos that accept Chainlink.
Overview
Chainlink powered by oracles which provide data activate smart contracts upon meeting all of the predefined conditions. The digital currency also applies multiple layers of security such as cryptographic signatures, trusted execution environments and zero-knowledge proofs. The Chainlink technology is extending its reach into the blockchain gaming industry where the price feeds and randomization are displaying their potential.
Chainlink has a lot of benefits and making easy transactions to and from your online casino is one of them. Chainlink is partnering up with more mainstream online casinos and being hosted on newly launched gaming sites. This cryptocurrency has a lot of potential to be one of the most transacted currencies in the future.
Bonus
You can still enjoy a bonus offer when you fund your account using Chainlink. You can take your pick from match bonuses, free spins, cashback offers and a first-time deposit offer. The process of partnering a bonus with your deposit is just like any other standard banking option. Before you commit to a deposit offer you should take a look at the bonus terms and conditions and familiarise yourself with the wagering requirements and other key terms that determine the value of the bonus.
Advantages
Digital currencies have become widely popular with online payments thanks to the outstanding conveniences they offer. Chainlink’s technology makes it a solid choice for deposits and withdrawals, let’s take a look at some of the perks of using Chainlink to fund your account.
Great protection: Chainlink is a highly secure digital currency that is built in the Ethereum blockchain network. Blockchain technology has never been compromised and is widely considered unbreakable. What’s more, using Chainlink means you will not be required to share any sensitive banking details.
Larger deposits: Chainlink does not put restrictions on the amount of value you can transfer so you can make larger online transactions.
Faster withdrawals: Since there is no drawn-out banking process when making crypto transactions over the blockchain network, you can enjoy instant deposits and withdrawals.
No Fees: You can move your Chainlink value around with little to no cost.
Disadvantages
Although there are some flawless perks to enjoy, there are a few things that could be considered a setback when using digital currency to fund your account.
Availability: Chainlink is still a new technology and is not as widely used as the likes of Bitcoin and Ethereum and therefore, is not as widely available.
Fees
The Chainlink digital currency does not feature fees when moving money from place to place. The blockchain network is built on only requires a small fee that is not even noticeable. The cost-effective payment solution does not need any manual process so it’s very cheap to use. However, we need to point out that many online casinos will include their own processing fees to every deposit and withdrawal transaction, regardless of the payment option used. These fees are usually a small percentage of the amount being transacted. You can find out if your chosen online casino includes these fees by reaching out to the customer service department or consulting the FAQs page.
Creating an Account
You don’t need to create an account with Chainlink directly, but you will need to create an account with a cryptocurrency exchange to buy, transfer and store Chainlink. There are many crypto exchanges that offer Chainlink. You can sign up by providing your details and you will also be required to verify your account by providing some form of government-issued ID. Once you have signed up for a crypto exchange you can purchase and move the digital currency around.
Depositing
Making a casino deposit using the Chainlink digital currency is an easy task. The process is a little different to that of depositing through a bank card but still an effortless one. Here are the steps to take when funding your real money balance using Chainlink.
- Choose Chainlink as your payment option.
- Enter the amount of your deposit.
- You should then be presented with a Chainlink wallet code.
- Head over to your crypto wallet and transfer Chainlink to the provided wallet code.
- Confirm the transaction and Your payment should be sent.
- Once the funds display in your casino balance you can start enjoying the games!
Withdrawing
Chainlink is also compatible with withdrawals and you can cash out your winnings in rapid quick time thanks to that fast-moving blockchain technology. Here are the steps to withdraw your winnings through Chainlink.
- Head over to the casino cashier.
- Choose the Chainlink withdrawal option.
- Enter the amount you wish to withdraw and confirm.
- You should then be able to enter your Chainlink wallet code.
- Then the casino will confirm the transfer.
Security
Chainlink is built on the Ethereum blockchain which is a technology that has never been compromised. The value is moved through the network with rock-solid defence and completely automated uses unique keys to ensure the payment reaches its desired location. The digital currency strips out any manual process so where is no chance of errors. What’s more, there is no need to enter any sensitive banking information that may put other funds at risk. You can enjoy some of the best payment security in existence when making a transaction through Chainlink.
Support
If you have any issues or want to find out more about the Chainlink digital currency. You can visit the official website where you will find plenty of information on the currency. You can also contact them through various social media channels and email. There is also a good range of FAQs that go into detail about the currency. You can also contact the customer support service provided by the crypto exchange you are using.
Availability
Chainlink is one of the most recognisable digital currencies in the world. It is widely available across cryptocurrencies and more companies are adopting its technology. The digital currency brings a lot of benefits to it that will resonate with the online gaming industry. There are a good number of crypto-friendly casino sites that host the payment option with many more jumping on board. Although it’s still not the mainstream it’s more than likely that Chainlink will be hosted on the majority of gaming sites in the future.
FAQ
Can I make withdrawals using Chainlink?
Yes, you can send money back to your Chainlink account. Withdrawals are usually sent back in a matter of hours.
Are there fees involved with Chainlink?
No, there are no fees attached to the crypto chain when making Chainlink deposits. However, the online casino operator may have their own deposit and withdrawal fees, independent of any payment method.
What is the best Chainlink casino?
We have researched for you so you can view the best casinos that accept Chainlink payments and make a choice yourself. We have listed the top-rated Chainlink casinos here.
Which online casinos accept Chainlink?
Use the list of Chainlink casinos to see all online casinos that accept Chainlink payments. We filter the casino top list to only show Chainlink casinos that accept players from your location.