Solana only launched in 2020, but there are already plenty of online casinos that accept SOL. This exciting blockchain platform, with its own token (SOL) has the potential to shake up the world of crypto payments. If you’re looking for secure, licensed Solana casinos at which to play, or perhaps you are on the hunt for the best SOL casino bonuses, stick with this article to find the answers.
Casinos with Solana
Solana Casinos: Overview
The Solana blockchain is relatively new, having launched in April 2020. Its internal cryptocurrency is known as SOL. The token first appeared on Coinbase in June 2021, which facilitated a huge rise to prominence during that year. Founder Anatoly Yakovenko considers Solana a rival to Ethereum, since this particular blockchain enables smart contracts and can be used for NFT transactions.
Solana has experienced some initial problems early in its life, which we’ll discuss later. But there is a lot of excitement around the potential of SOL. This explains why many cryptocurrency casinos have already started to accept the token.
The biggest advantage of Solana casinos is undoubtedly speed. If you compare SOL with traditional payment methods, such as Visa cards, the processing rate is remarkably similar. Visa processes something around 2,000 transactions every second, on average. But the technology is capable of handling up to 65,000 transactions per second. SOL can actually match this workload. Even with smart contracts, this particular cryptocurrency can process anywhere between 50 and 65,000 transactions per second.
In addition to being extremely quick, Solana offers other advantages too.
- Extremely low transaction costs compared to the likes of Bitcoin;
- Permits microtransactions;
- Secure, decentralised transactions which cannot be blocked by financial institutions;
- Provably fair casino games.
The platform has been criticised because it sacrifices elements of security to enable its super-fast transaction speeds. It also uses comparatively large transaction sizes, up to 500 bytes, meaning the size of its blockchain ledger is already huge. In its first year, the blockchain was already over two terabytes in size; that’s twice the size of all of the top 10 cryptocurrencies, including Bitcoin, combined.
This rapid growth, according to experts, represents a threat to its decentralisation in the long term. But for now, casino players can enjoy secure, fast and low cost transactions at casinos with Solana.
Although the cost of using Solana to deposit at an online casino (or indeed for any kind of transaction) will vary over time, it is usually around $0.00025 per transaction. This is extremely low when compared to other cryptocurrency transactions, which is one of the main benefits of playing at casinos that accept Solana.
Creating an Account
To get started, you can follow this simple step-by-step guide. The most important step of all is to pick out the right site for you. Since this particular cryptocurrency is still pretty new, there not yet hundreds of choices. But of those which do exist, each one has its own pros and cons. So be sure to read the reviews of our recommended casinos that accept Solana to help inform your decision.
- Decide which of our SOL casinos is best for you.
- Navigate to the site using our special link, to ensure you earn the advertised welcome bonus
- Complete the simple sign-up form
- Voila! That was easy, right? Now you can fund your casino account and start playing.
You can buy SOL at several major cryptocurrency exchange sites, including Coinbase. These sites allow you to convert existing crypto tokens, or you can use fiat currency to purchase SOL.
Making a deposit at casinos with Solana couldn’t be more straightforward. Here’s a quick guide to help you deposit at a SOL casino.
- Log into your online casino account
- Navigate to the cashier or deposit page
- Pick out your crypto, which may be listed as SOL or Solana
- Fill in the address of your wallet from which the SOL will be sent
- Wait just a matter of seconds for it to appear in your casino account!
Solana Casinos: Summary
This article should have answered all the questions you have about playing at online casinos that accept Solana. We are super excited to see the growth of this relatively new crypto token. As more and more SOL casinos become available, we’ll be keeping this list up to date, so be sure to check back often. But in the meantime, why not pick out one of our top rated sites and start playing? Have fun!
Are Solana casinos legal?
As long as you are of legal age and live in a country where online gambling is allowed, then yes! All of our recommended Solana casinos are fully licensed, safe and secure.
Which is the best Solana casino?
Gambling with SOL is still relatively new, so there are not too many Solana casinos around. But all of the very best sites that accept SOL can be found on this page.
Are SOL casinos safe?
Absolutely. Rogue casinos do exist, which is why carefully review every single one of our top rated Solana casinos. We only recommend those casinos with strong encryption security, to protect your personal details. Additionally, we each site check for the necessary licenses.
Are there Solana welcome bonuses?
Yes! The best Solana casinos online offer generous welcome bonuses, as well as other promotions for existing players. Simply read the reviews found on this page to learn about the best SOL casino bonuses.
How quick are withdrawal times at SOL casinos?
SOL transactions are extremely fast. But it depends on your chosen casino and their processes. Some sites might take up to 48 hours to validate your transaction first. Then the payment will be made in seconds.
Why should I play at a Solana casino?
The best casinos accepting Solana offer many benefits. Transaction speeds and low costs are definitely the main advantages of using SOL casinos. Some online casinos offer special bonuses for using crypto payment methods, too.
Which online casinos accept Solana?
Use the list of Solana casinos to see all online casinos that accept Solana payments. We filter the casino top list to only show Solana casinos that accept players from your location.