Monero is a relatively little-known cryptocurrency that launched in April 2014 and has become popular in gambling for its privacy features (which are not yet available in Bitcoin). Despite Monero lacking the same popularity Bitcoin or Ethereum, the coin has slowly risen to fame over the last few years and is now accepted at a number of online gambling sites.
How to Bet at Monero Gambling Sites
Gambling with Monero is easy, and not too dissimilar to Bitcoin. Deposits are made with wallet transactions, and transactions are validated by miners through a “proof of work” algorithm. A Monero deposit at your favorite casino may take a few minutes to arrive, which is still relatively fast for a crypto-currency, although this deposit time will still depend largely on the Monero gambling site you choose. Of course all deposits and withdrawals can also be made anonymously, which is why so many choose Monero as their crypto-of-choice for online gambling.
You can get started with Monero at GetMonero.org.