With so many cryptocurrencies running all over the place, it can be tough to compare them and discover an option that works for you. For many players, Ethereum is appealing as it allows smart contracts, something Bitcoin lacks. That was until Stacks came onto the scene. Stacks is a Bitcoin Layer-2 crypto, which enables smart contract action on Bitcoin, without altering Bitcoin’s network.
Clearly, Stacks has some advantages that may be worth exploring if you want to make use of smart contracts albeit in a Bitcoin-based ecosystem. In this guide, we’ll touch on that, and introduce you to some of the leading Stacks casinos around to consider. Let’s begin by exploring STX online casinos, as recommended by our team.
Stacks (STX)
Bitcoin is the most successful and popular cryptocurrency around, and its network is second to none. However, for years, many have wanted Bitcoin’s ecosystem to be more open to smart contracts and dApps. This is something Ethereum has steamed ahead with. However, one of the newer cryptocurrencies to come to market, Stacks, is aiming to change that.
Stacks is a Bitcoin Layer-2 cryptocurrency. It offers new functionality to Bitcoin without changing Bitcoin itself. Basically, every transaction made through Stacks will settle to Bitcoin without modifying the Bitcoin network. It effectively allows you to move between different BTC layers with ease.
Of course, such a setup is most advantageous if you’ve looked at the way the Ethereum network handles smart contracts and dApps with envious eyes. However, make no mistake – Bitcoin is making this jump themselves. It is only through Stacks, and its cryptocurrency, STX, that you can take advantage of this benefit.
There are all sorts of crypto casinos out there, and while most cater to Bitcoin users, Stacks is so new that there isn’t a great wealth of sites currently offering STX coins as a deposit or withdrawal method. However, there are certainly some casino domains that have made the leap into this space, and our team has identified which ones those are. Any of the recommended crypto casinos you see featured on this page have already signed up to use Stacks.
Stacks is something of a double-edged sword for users. While it is certainly possible to deposit and withdraw at Stacks online casinos, only a handful of those have taken the next step – to work STX into their accepted list of gambling currencies. In many cases, you’ll find yourself seeing your STX deposit converted for gameplay purposes. However, online casinos that facilitate gameplay through smart contracts may be able to provide you with STX-friendly wagers. This is something you’ll want to check in our reviews, though.
Why might you decide to play with Stacks at online casinos? As it happens, there are two very good reasons why you should consider this, and we’ve highlighted those for you below. They include:
As touched on earlier, the primary benefit of using Stacks is that it can be used to execute smart contracts and make use of dApps in Bitcoin’s ecosystem without tampering with Bitcoin or its network. It does this by being a Bitcoin Layer-2 crypto option. There aren’t many other options doing this right now, making Stacks something of a pioneer and, therefore, clearly a frontrunner in this space.
Stacks has already popped up at most mainstream exchanges, and several top-rated, upper-tier online crypto casinos have already incorporated it into their offerings. These are good signs and showcase that Stacks is being taken seriously. It indicates that it has been noticed and could be a great sign of it ballooning in popularity soon.
Stacks is still new, so there are a few hiccups that the cryptocurrency is working through. Here are the two main disadvantages of using Stacks at crypto casinos right now:
Stacks is a cryptocurrency that is still green. Therefore, there is plenty of liquidity in its market, but it’s highly volatile. You’ll need to determine when the time is right to get involved and choose to gamble with STX without putting yourself at risk.
Despite what you may have heard from industry experts, nobody really knows how successful Stacks, or even Bitcoin Layer-2 crypto options in general, will go on to be. It’s still very experimental and hasn’t been fully rolled out yet. If it takes off, then it will be happy days for those who got in early. However, while there is room for growth, it’s still a gamble right now.
You’re taking a risk when you use Stacks, given its young age. There is no reason to take another risk. Therefore, we recommend that you stick to the following notes when choosing somewhere to play with STX online:
The best way to get started with Stacks crypto casinos today is to trust our experts. We’ve analyzed a selection of STX casinos and can recommend the following above all others:
Before you can deposit and play at Stacks casinos, you will need to snap up the cryptocurrency. Given that, might we recommend that you make a note of the following steps to get started safely?
Stacks has an exciting future ahead of it if everything goes to play. If not, this will be a short experiment. However, the possibility for Stacks to create something truly revolutionary that catches on is enormous. STX may be a cryptocurrency you want to get involved with now, so you’re ahead of the curve when its popularity rises. There’s a bit of a gamble involved, but you should be used to those by now if you regularly bet with cryptocurrencies online.
No. Stacks casinos are coming up short right now because it’s a new cryptocurrency. You can find agreeable STX casinos right here on this page, though, as recommended by our team.
Because we didn’t see this as a possibility, we’d have to say no. However, your STX deposit will be converted into BTC for gameplay purposes on live casino games.
Again, we didn’t see this, so we’d have to say no. Once more, though, your Stacks deposit will likely be converted into another (most likely BTC), and you can claim bonuses in that cryptocurrency.
In a word – yes. So far, everything about Stacks checks out. Moreover, because it utilises smart contracts, we have absolutely no reason to doubt that STX transactions are safe.
No, but they are generally quite low. STX transactions will cost between 0.24 STX (roughly $0.80) and 1.47 STX ($4.90), but this can vary depending on your payment provider.