In the ever-evolving landscape of online gaming, crypto casinos have risen in prominence, appealing to a global audience with their innovative features. Their integration of staking options showcases a deep commitment to the broader crypto industry.
These are among the best crypto staking platforms today. And by offering such opportunities, they’ve further solidified their standing in the market and provided another avenue for players to earn.
However, it’s essential to understand that not all staking opportunities are created equally. As players consider joining the world of crypto staking, there are several factors to keep in mind when deciding where to commit their tokens.
Eager to discover more? Dive deeper into this article as we spotlight three premier casinos with staking, providing insights on what makes each one special.
Understanding Crypto Staking in Online Casinos
Crypto staking is a process where users lock or “stake” their tokens in a platform. This action serves two purposes: it adds value to the system by providing liquidity and security, and it gives stakers additional tokens as a reward. As the tokens are locked in, they’re withdrawn from circulation, this can also lead to a decrease in supply and, therefore, an increase in token value.
For many, staking is a passive investment strategy, a way to earn more from their crypto holdings.
Some casinos have their own tokens, oftentimes this is the first step to build a staking system. It also has the added benefit of creating an exclusive ecosystem where transactions are swift and fees are minimized. With a proprietary token, casinos can easily set up mechanisms where players can stake and earn, further intertwining the player’s interests with that of the casino.
However, it’s crucial to discern between crypto staking platforms. While some genuinely enhance the value proposition for players, others might primarily serve as a tool to attract newcomers and retain loyal users. The latter can sometimes lean more towards marketing tactics rather than genuine value.
Choosing a casino based solely on its staking opportunities might not always be the wisest move. However, it is undoubtedly an enticing feature that allows players to extend their gaming sessions and possibly increase their returns.
Read on as we uncover three of the best crypto staking platforms.
Betfury Staking
Betfury offers a seamless staking experience for its users, capitalizing on the versatility of their BFG token. Acquiring BFG is straightforward; users can purchase it using other cryptocurrencies and can even opt to sell it directly on the platform. For those interested in transacting with BNB Chain crypto, Betfury facilitates this through their trusted partner, Biswap.
Staking Mechanics
The cornerstone of Betfury’s staking system is its unique multicurrency daily drops dedicated to all BFG holders. By simply holding onto BFG tokens in one’s balance, users become eligible for these daily payouts.
Remarkably, Betfury allocates 3% of the Staking pool daily, distributing it among BFG holders. These distributions can be in the form of BFG itself or in one of five popular cryptocurrencies: USDT, BTC, ETH, BNB, and TRX. For those looking to maximize their returns, reinvesting the profits in BFG tokens can amplify subsequent payouts.
Staking BFG is simple, all you have to do is go to the "Staking BFG" menu and pressing "Stake BFG" (alternatively the platform gives you the option to "Buy and Stake BFG" if you still don´t hold any tokens).
Pros and Cons
While Betfury offers a promising staking landscape, it’s vital for potential stakeholders to understand both its merits and areas where it might fall short.
| Pros | Cons |
| Buying and selling BFG is straightforward | Pretty low APY of 35.68% |
| Multicurrency Payouts | |
| Daily payouts |
Bitkong Staking
At Bitkong, the prospect of enhanced earnings is a tangible outcome. Stakeholders stand to gain from a dual-reward system, collecting both KONG and BKD tokens. And this reward setup boosts the platform’s appeal, providing a multifaceted earning avenue for those dedicated to the Bitkong environment.
Staking Mechanics
KONG, BitKong’s esteemed native token, unlocks an enriched gaming experience. There are three main ways to get it:
- Faucet Tournament: Participate in the Faucet Tournament. Emerge victorious and earn KONG as a testament to your gambling prowess.
- Currency Swap: While BitKong lacks an in-built swap function, KONG remains accessible by exchanging other cryptos on trusted third-party platforms.
- Staking: This very method that we've been talking about is the final pathway to accumulate KONG.
Staking at Bikong is really quite simple:
- Navigate to the Bonuses section and shift your KONG to the staking account.
- Increase your Monthly Average Balance, the average KONG in your staking account over the past 30-days. This balance is what determines your rewards.
- Start every month by claiming your rewards, stake them too to keep the wheel rolling.
Adhering to the staking procedure promises rewards in both KONG and BKD (Bitkong Dollar) every month. This structure extends a lucrative proposition for participants, underscoring the merits of their staked tokens.
Pros and Cons
Like everything in life, Bitkong's staking has its advantages and its drawbacks.
| Pros | Cons |
| You can stake and unstake at any time | Reward pool varies every month |
| Rewards in KONG and BKD | Monthly rewards |
| KONG's price is pretty stable at around 0.01USD |
Fairspin Staking
Diving into the innovative realm of online gaming, Fairspin stands out with its unique blend of gaming and crypto staking. As the crypto world witnesses the ascent of staking, Fairspin’s “Hold to Earn” strategy demonstrates its dedication to offering both gaming thrill and fruitful investment avenues. Let’s navigate through the intricacies of their staking initiatives.
Staking Mechanics
Built around its native TFS token, Fairspin’s “Hold to Earn” mechanism is an enticing blend of flexibility and user-centric rewards. Immediately after registering, each user gets 200 TFS tokens.
There are two ways to Hold to Earn on this crypto casino:
- Short-Term Staking: Fairspin champions a dynamic staking experience, allowing users to lock in their TFS tokens for varying durations:
- 3 days: Earn an APR of 12.62%
- 1 day (unlocked through wagering): Avail an APR of 47.89%
- 8 hours (also unlocked via wagering): Benefit from an astounding 85.88% APR.
- Liquidity Pool Staking: Those looking for more consistent returns can venture into the liquidity pool. By staking both TFS and USDT, users are poised to achieve a remarkable 55% APR, channeling their investments into a promising passive income stream.
Pros and Cons
Every platform has its strengths and areas of improvement. To make an informed decision about staking on Fairspin, it’s essential to weigh both its advantages and potential drawbacks.
| Pros | Cons |
| Varied staking time windows | Preliminary access to just the 3-day staking |
| Get 200 free TFS tokens | Liquidity pool requires you to stake two different assets |
| Attractive APRs of up to 85.88% | Requirements to unlock staking options are not clear |
How to Choose the Right Casino for Crypto Staking
While the benefits of crypto staking are clear and they offer an enticing avenue for potential earnings, it’s crucial to remember that it shouldn’t be the sole factor guiding your choice of platform. Other foundational elements like gaming variety, user experience, and security are paramount. However, if you’re set on maximizing your staking benefits, certain criteria can help you find the best crypto staking platforms:
- Staking Time: How long are you expected to lock up your tokens? Some casinos may offer short-term staking options, while others might necessitate longer commitments. Depending on your financial strategy and liquidity needs, choose a casino that aligns with your preferred staking duration.
- Possible Rewards: It’s essential to gauge the potential returns on your staked tokens. While higher rewards can be enticing, always consider the associated risks. Look for transparent casinos that provide clear details about their staking rewards, including the percentage returns and the distribution frequency.
- Token Accessibility: How easy is it to obtain the casino’s native tokens? Some platforms might offer them as bonuses or through gameplay, while others may require you to purchase them on external exchanges. Evaluate the acquisition process, ensuring it’s straightforward and devoid of unnecessary hurdles.
By carefully weighing these criteria, you’ll be better positioned to choose a casino that not only enhances your gaming experience but also optimizes your crypto staking endeavors. Remember to always do your due diligence, consult reviews, and stay updated with the latest staking trends to make informed decisions.
Conclusion
Choosing the best crypto staking platform in the realm of online casinos can seem like a daunting task given the plethora of options available. But by prioritizing factors like staking duration, potential rewards, and token accessibility, users can streamline their choices and maximize their investment returns.
As the world of online gaming and crypto continues to intertwine, staying informed and being strategic in your decisions will remain key. Remember that while staking offers enticing rewards, the overall experience, security, and credibility of the casino should always be paramount. Happy staking and gaming!
Check out our full fledged reviews of these and other crypto casinos!
