Bittensor attracted our attention as its performances of late have seen it gain rapid traction and popularity with crypto users. With the crypto token promising to be one of the brightest new entries in this space, we naturally have a keen interest in seeing if Bittensor can be used successfully to gamble online. Ultimately – as we found out – it can. Bittensor may not be the world’s most widely available cryptocurrency for gambling, but it’s definitely an option. After showcasing a few top Bittensor casinos for you below, we’ll explain how it works right here.
Bittensor (TAO)
Bittensor isn’t a new cryptocurrency, per se. In fact, it originated in 2021. However, it didn’t go live until 2023, and in the short time since then, it has blossomed into one of the few breakout cryptos to watch. Like most newer cryptos, it has flexed up and down in value since launching, but the jumps have been more significant than the drops. At the time of writing, the value of one TAO (its token), is worth between $580 and $595.
The cryptocurrency is a Polkadot-inspired decentralized network, which makes use of AI and machine learning. Miners are invited to contribute to the AI models and they’ll unlock TAO tokens for their efforts. This means that mining Bittensor works slightly differently than farming, say, Bitcoin.
While Bittensor doesn’t have a clear-cut purpose, unlike some tokens, it can be used to gamble online. However, you should note that there aren’t too many online casinos currently accepting TAO, despite the rise in popularity.
At present, Bittensor has only managed to get its foot in the door of a handful of crypto casinos. However, that could change, given the rapid rise in interest in this cryptocurrency. TAO casinos are quite tricky to find on your own, so we recommend choosing one of those featured here on this page. Each is notable for accepting Bittensor for both deposits and withdrawals, although gameplay and claiming bonuses with TAO isn’t yet widespread.
As touched on above, Bittensor is accepted at just a handful of casinos, but it isn’t widely available as a gambling cryptocurrency, at least not yet. The types of crypto casinos supporting this option will likely carry in-house games and mainstream options from third parties, including slots, table games, and more. However, your TAO deposit will likely be converted into another option for wagering purposes.
If you’re looking for a perk or two to playing with Bittensor at crypto casinos, allow us to twist your arm with these points.
It may be worth getting involved in Bittensor for nothing other than the fact that its value is increased regularly. It is already anticipated to be worth double its value next year, so getting your hands on TAO now and betting on it later could be well worth it.
We see a lot of cryptocurrencies pop up at BTCGOSU, and many of them amount to very little. We’ve got a feeling that Bittensor is going to stick around. There’s quite a lot of interest in this Polkadot offshoot, so it seems less risky to get involved with it.
Of course, there’s still a substantial amount of risk associated with Bittensor, and the main things you need to look out for include:
While we believe that Bittensor has the potential to become a top cryptocurrency for gambling, there are no guarantees that this will be the case, and using any relatively new arrival in the crypto scene is a gamble.
At the time of writing, there isn’t much utility for Bittensor, at least not in the online casino world. Precious few crypto casinos accept it, and many of those that do won’t allow you to wager with it or claim bonuses in TAO.
Signing up to play at a Bittensor casino will see you seek out the same criteria that any conventional casino should offer. In short, you’ll want to look for the following:
While there aren’t too many Bittensor casinos out there, some stand out above the rest. Each of these comes highly recommended by our team:
If you want to get started with Bittensor, here’s what you need to do:
We see many new cryptocurrencies debut, and while we always take a look at them, most of them fall by the wayside. We don’t think that will be the case with Bittensor. This cryptocurrency is significantly different from its counterparts and already has appeal, so we’ve got a feeling that Bittensor may be one you want to consider long-term when gambling online at crypto casinos.
No - not even close. It is starting to appear at many of the bigger ones, though, and that's a start.
That's up to the software providers of the games and the online casino. Given the size of Bittensor, we wouldn't have thought so.
Most likely no,. However, there's bound to be one or two Bittensor casinos who've decided to give it a shot.
We don't see why it wouldn't be. Bittensor has a clean track record, and no reported issues, so it seems safe to us.
There are fees associated with TAO deposits, but they are low, ranging from $0.01 to $0.49. Moreover, online casinos don't charge fees, even if your payment provider does.