Stratis
Stratis is a new cryptocurrency that has been developed to provide easy and cheap transfers of money. The cryptocurrency space is growing rapidly around the world and within the gambling industry. The Stratis crypto payment uses the same concepts that Bitcoin adopts with an easy-to-use interface that partners with the Microsoft.Net Framework. Statis is fast becoming one of the most popular crypto options for crypto casino enthusiasts thanks to its innovative wallet, proof-of-stake capabilities and efficiency. Although it doesn’t sit as an option as much as the likes of Bitcoin, Ethereum and Ripple, there is still a good number of casinos that accept Statis.
Casinos with Stratis
- Stratis
Overview
Stratis is the native currency within the Stratum Platform. The platform is based on the BTC code, a network that uses a PoS consensus process with low inflation capped issuance. This blockchain technology provides users with a safe and fast way to transfer money without having to share any personal information with the merchant. In terms of making transactions, this cryptocurrency is just like Bitcoin or any other crypto derived from it. You can store or transfer Statis in crypto exchanges or dedicated crypto wallets. This currency is still fresh and is sure to grow in popularity as more online casino operators host it as a deposit option.
Bonus
You can enjoy a bonus offer with your Statis deposit. Online casinos can issue first deposit bonuses, match bonuses, free spins and all other types of bonus through a crypto deposit. The process should be no different than claiming a deposit offer through a debit or credit card deposit. However, some online casinos that are less savvy to cryptocurrencies may have a different deposit process for cryptocurrencies so make sure you understand the process before you commit to a deposit offer.
Advantages
You can marvel in some great perks in making a casino deposit using Sratis. There is a reason why the cryptocurrency is taking over the world. Let’s take a look at some of the perks to using this form of deposit.
Great protection: The crypto coin is built on the blockchain network which enables incredible security ensuring each transaction moves safety. What’s more, you will not need to share any sensitive banking information when making Stratis deposits.
Larger deposits: Using Stratis crypto as a deposit method allows you can transfer bigger amounts of money as you are not capped with transaction limits.
Faster withdrawals: You don’t need to wait around for your winnings when using Stratis. The blockchain network means there is no need for manual processes and long delays that you find with many standard banks and eWallet withdrawals
No Fees: Stratis is a very cost-efficient form of deposit with no fees attached to the cryptocurrency.
Disadvantages
With advantages, come disadvantages. Although all the good stuff far outweighs the bad stuff, there are some drawbacks to be aware of. Let’s take a look at the disadvantages of using the Stratis deposit option.
Volatility: Crypto is a very volatile currency form so you may purchase it at one price and within a day it’s already displayed a significant moment. Of course, this is only an impact if you hole the Stratis cryptocurrency for a period time as opposed to transferring it straight after purchasing it.
Fees
One of the most pleasing aspects of cryptocurrency transfers is that there are no fees taken by the network. You can move money from one wallet to another without paying transaction fees. But you should know that many online casinos will impose their fees on every deposit and withdrawal fee made. What’s more, they may add fees on to cryptocurrency transactions, these are fees that are independent of the cryptocurrency. You should ask the casino support team or look through the FAQs to see if your preferred online casino operator adds fees to each transaction.
Creating an Account
To use Stratis you do not need to create an account with Stratis itself as it is not a bank, but rather a currency. You will need to have a crypto wallet or exchange to hold the currency. There are many crypto exchanges that you can sign up to in a few steps that offer a wallet to hold the crypto. Most of these exchanges will need some documents to verify your identity. You can also purchase a hardware wallet to store your Stratis and make transfers from. These are generally more secure than using your exchange wallet.
Depositing
Loading your casino balance with funds though Stratis is an easy process to follow. It may vary from what you are used to in standard bank and eWallet deposits. Let’s take a look at the steps to make a casino deposit using the Stratis payment option.
- Choose Stratis as your payment option.
- Enter the amount of your deposit.
- You should then be presented with a Stratis wallet code.
- Head over to your crypto wallet and transfer OMG 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
You can enjoy rapid withdrawals when using cryptocurrencies and the withdrawal process is very similar to the deposit process. You should also receive your winnings back within a day as there are no long withdrawal times involved in this form of payment. Let’s take a look at the steps to follow to make a successful withdrawal request.
- Head over to the casino cashier.
- Choose the Stratis withdrawal option.
- Enter the amount you wish to withdraw and confirm.
- You should then be able to enter your Stratis wallet code.
- Then the casino will confirm the transfer.
Security
Stratis is built on the same mechanics as that of Bitcoin and as a result, incredibly secure. You can move large amounts of money from wallet to wallet in complete safety in seconds and with no costs. When you make Stratis deposits you do not need to share any personal information with the casino operator or any other enterprise. The payment is made through a unique and secure transaction code. The blockchain uses a bulletproof algorithm that can’t be touched in terms of hacking. The cryptocurrency also works with a Proof of Stake (PoS) consensus algorithm, so the chain complies to the protocol for additional protection. In short, it is a very secure way to make casino deposits and withdrawals.
Support
You can find plenty of information on the Stratis cryptocurrency, including on the official Stratis website. There are also hundreds of websites that hold information on this cryptocurrency. Your crypto exchange will also offer customer support services should you have any questions or issues. On top of that, the online casino will have a dedicated support team on hand to assist with any issues. You can reach out to support through email and live chat or consult the FAQs page.
Availability
Stratis is still fresh on the crypto market and yet to make its way up the crypto ladder. As it shares the same mechanics as Bitcoin, Stratis has the potential to become one of the top cryptocurrency options. Most crypto casinos only offer the top currencies, such as Bitcoin, Ethereum and Ripple but we are seeing more and more added as crypto explodes around the world. More online casinos are branching out into gambling-friendly crypto payments. Stratis has the security, efficiencies and scarcity to be a great choice for crypto deposits.
FAQ
Can I make withdrawals using Stratis?
Yes, you can send money back to your Stratis account. Withdrawals are usually sent back in a matter of hours.
Are there fees involved with Stratis?
No, there are no fees attached to the crypto chain when making Stratis deposits. However, the online casino operator may have their own deposit and withdrawal fees, independent of any payment method.
What is the best Stratis casino?
We have researched for you so you can view the best casinos that accept Stratis payments and make a choice yourself. We have listed the top-rated Stratis casinos here.
Which online casinos accept Stratis?
Use the list of Stratis casinos to see all online casinos that accept Stratis payments. We filter the casino top list to only show Stratis casinos that accept players from your location.