Cryptocurrency is taking over, with Tron casinos making headlines too. Our complete guide is all you need to get started, whether you’re a tech geek or not! Find out all you need to know about this currency and how you can use it as a casino player.
Top TRX Gambling Sites
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Live casino available
What Is Tron or TRX?
If you’ve heard of cryptos such as Bitcoin, Ethereum or Litecoin, then Tron isn’t that different. The only distinction is that its platform or ‘blockchain’ focuses on entertainment and content sharing.
Tron was founded in 2017 by Justin Sun, a Chinese entrepreneur, and has risen to an impressive market cap of over $6 billion. Its token is called Tronix, or TRX for short, and it’s what you’ll be using at casinos. Tron quickly became popular because of its transfer speed and anonymity, which are both crucial in the online gaming world.
In 2019, over $1 billion in Tron crypto was used in gambling, and this goes to show how big the coin is and how Tron casinos are fast catching up to Bitcoin casinos. By the end of this article, you’ll see why Tron casinos are making waves over other crypto casinos.
Are Tron Casinos Legal in India?
India’s stance on gambling ranges from restrictive to confusing at times, depending on the region in question. Gambling in states like Gujarat and Odisha is considered illegal, while states such as Goa and Sikkim don’t present any issues.
However, when it comes to cryptocurrencies, the government of India considers them illegal, and even the Reserve Bank of India warns citizens about it.
How Do Tron Casinos Work?
If you thought playing at crypto casinos such as Tron would be difficult, think again. The process of playing is quite similar to the old-fashioned way at regular casinos, and all you’ll need are TRX tokens. Thanks to technology, getting the coins is easy. You’ll start by setting up a Tron wallet to store your coins, such as TronLink – one of the most popular Tron wallets around.
Then, you’ll need to purchase TRX tokens to fund your wallet from reputable exchanges such as Binance or Coinbase. Afterwards, simply pick a Tron casino from our list above to get started. If you allow the casino to access your Tron wallet, you won’t even need to enter any registration details to begin playing!
How To Choose the Best Tron Casinos
We’ve done our best to list those Tron casinos that will give you the best experience overall, from a great games selection to tight online security for players.
Here’s a few things that we always keep on our checklist when compiling our recommendations:
A top Tron casino will have a valid licence from a reputable authority such as the UK Gambling Commission, Malta Gaming Authority and Curaçao eGaming. You can quickly check the casino’s licensing information by scrolling to the bottom of the site’s homepage.
- Fair Games
A trustworthy casino will confirm that its games are fair and secure for players. When it comes to Tron casinos, look for the site’s cryptography on the blockchain.
- Reputable Game Providers
If a casino doesn’t source its games from reputable software providers, chances are it’s hiding something. Look for trusted developers such as Microgaming, NetEnt, Playtech, Novomatic or Evolution Gaming.
- Games Selection
How varied a casino’s games catalogue is will tell you if you’ll be missing out on the fun or not. Early Tron casinos only had classic dice and rocket games, along with a few live dealer games. Now, things have expanded to include slots, lottery games and even sports such as cricket.
- Positive Reputation
Before signing up to a casino site, it’s always wise to find out what other players have been saying about it by reading online reviews. If you find that most comments are negative, it’s best to stay away and look elsewhere.
Can I Claim Tron Casino Bonuses?
At Tron casinos, players can claim various bonuses – such promotions range from rare promos like the no deposit bonus to the ultra common yet highly valuable welcome bonus. In fact, bonuses are one of the reasons why players prefer Tron casinos, such as TrustDice, over traditional casino sites. Moreover, you can sometimes even get unique rewards by using cryptocurrencies as a payment method.
For example, it’s not every day you come across a casino that lets you reap profits from dividends just like the stock market. How exactly is this possible, you might well be asking?
Well, you can either buy – or mine – TRC-20 tokens on the blockchain, which will give you a share of the casino’s profits (the most common way of mining TRC-20 tokens is by playing games at the casino). Once you have the tokens, you can ‘freeze’ them on the site, and when the casino pays its dividends, it will pay your share.
Deposits and Withdrawals at Tron Casinos
Thanks to its fast transaction speeds, deposits and withdrawals using Tron are usually instant. You’ll find that Tron is more convenient than conventional methods such as cards (Visa & Mastercard) or bank transfers.
Here are a few easy steps to start playing and transacting with TRX coins:
1. Choose a Top Tron Casino
The first step is to find a Tron casino to your liking – you can easily choose one from our list above or follow the criteria we listed above to guide you.
2. Create an Account
You’ll then need to register for an account and fill in the required details. Some of the info you’ll be asked for includes your name, email, phone number, or residential address. Alternatively, if you already have a Tron wallet, you can use it to access the casino, and you won’t have to enter any details to register.
3. Deposit TRX Tokens
After your account has been verified, you can proceed to make a deposit. Head over to the ‘Banking’ or ‘Deposit’ section of your account and look for the Tron payment option. You can instantly deposit TRX coins from your Tron wallet or buy TRX coins from the site.
4. Withdraw TRX Tokens
Once you are done playing and want to cash out, simply go to the ‘Withdraw’ section. Search for Tron among the withdrawal options and cash out your TRX coins, which the casino will instantly transfer to your Tron wallet.
Tron Exchanges and Wallets
So, how do you buy TRX coins and store them to play later at Tron casinos?
First, you’ll need to search for a Tron exchange platform to purchase the cryptocurrency by trading your fiat money (INR, USD, EUR) or other cryptos (BTC, ETH, LTC) for TRX coins. Some of the largest exchanges where you can trade TRX include Binance, KuCoin, Bancor and Bitfinex. Seeing Tron listed at such big exchanges affirms its excellent reputation.
After buying or trading TRX coins, you’ll need a wallet to store them safely. This mostly depends on how many coins you have or your preferences. If you have few coins, you should go for mobile wallets – even the official Tron wallet, which you can download from Google Play or the App Store. Otherwise, if security and privacy are more your priority, you can choose hardware wallets like Ledger Nano or Trezor, which will hold your coins offline and protect your keys.
Tron Casinos vs Traditional Casinos & Other Crypto Casinos
What makes Tron casinos different from the rest out there?
Some of the perks that Tron casinos offer are their fast transaction speeds, fair games, security and anonymity. With most casino gaming shifting online, these are crucial qualities that players look for. However, game variety doesn’t tend to vary that much when compared to traditional casinos – in fact, Tron casinos unfortunately lack the variety more often than not.
Compared to other crypto casinos such as Bitcoin and Ethereum casinos, Tron casinos stand out in terms of speed. While Bitcoin and Ethereum can handle 6 and 25 transactions per second, Tron hits up to 2,000 transactions per second. Its fees are also low, making it more cost-effective.
Play Tron Casino Dapps on Mobile
Dapps have gained a reputation as the future of online mobile apps. Instead of running on servers like the applications we are used to, they run on a decentralised blockchain, hence the name ‘decentralised applications.’ This increases their speed in processing transactions and reduces player fees, making them perfect for casino gaming.
Tron casino Dapps have already caught on, and most players are now able to play on the go by through their mobile device.
Are Tron Casinos Safe?
Yes, they are. Besides having licences from reputable authorities such as the UKGC or MGA, blockchain technology provides an additional security buffer. All transactions are transparent and are recorded in a public ledger that anyone can refer to in case of any issues cropping up.
In the crypto world, it’s exchanges that often present the highest security risk. However, you can protect your funds even further by moving your TRX coins from the exchange platform to your personal Tron wallet.
Pros and Cons of Gambling with Tron
In a short time, Tron has managed to build a name for itself as one of the most promising cryptos with perks that other coins don’t offer. However, Tron also has its few downsides, as you can see below:
India Tron Casinos Final Say
While most people only know of Bitcoin and Ethereum, Tron with its many benefits should not be overlooked. With our guide, you have all the information you need to start playing at the best Tron casinos, such as Bitcasino.io and 7BitCasino.
Tron Casinos FAQs
- Where can I find Tron casinos?
Not many casinos accept Tron as a payment method, so it’s best to check out our list above for the sake of convenience.
- Can my TRX coins be stolen?
Yes, they can, but it’s unlikely. Blockchain technology is very safe, and storing your coins in your wallet adds an extra layer of security for your funds.
- Is it illegal to play Tron casinos in India?
No, it isn’t. You can access offshore Tron casinos and play them without breaking any laws.
- Are Tron casinos better than Bitcoin casinos?
It all depends on your preference as a player, but if you are looking for better transaction speeds and want to earn some dividends, then Tron casinos should be right up your street.