The only constant in this world is change and this adage holds true for the gambling industry. New things pop up all the time. First, we had traditional online casinos, and now we have hybrid online casino sites.
Betswap is one such example of a hybrid betting & gambling platform. You get a perfect combination of a traditional Web2 gambling website and a Web3 Bitcoin online casino. Let us help you understand the differences between the two and introduce you to Betswap.gg.
Introduction to Hybrid Casinos
Web3 gambling can seem complex and sometimes intimidating to some players, so hybrid online casino sites offer the middle ground. They allow players to play casino games they’re used to using fiat money, and explore gambling using cryptocurrencies.
When talking about hybrid casinos, there are two terms you will come across — Web2 and Web3 casino gaming. In a nutshell, Web2 casinos are online gaming sites as we know them. On the other hand, They feature decentralized games along with traditional casino games. Let’s learn a bit more about each:
What is a Web2 Casino?
where you can play games, including slots, lottery, table, and live dealer games. In such a casino, you don’t need Metamask or crypto wallets to sign up — you can do this normally, using data like email or phone number. While these are also available on a hybrid casino, you would use a regular payment method like a credit card or an e-wallet to make payments and cash out your winning from a Web2 platform.
Web2 casinos operate within given jurisdictions, which means they are regulated by external authorities. They must obtain a gaming license, and depend on software providers, rules, and regulations to help players achieve centralized gambling.
While it’s what online gambling has been all about for decades, many today prefer the innovative nature of Web3 gaming.
What is a Web3 Casino?
Web3 platforms use blockchain technology. They also feature slot and live casino games and offer welcome bonuses to players. Only this time, you would place your bets using cryptocurrencies in a decentralized system.
Decentralization is the main benefit of Web3 casinos since you don’t have to go through the bothersome KYC process and provide your personal information to Instead, you can log in with your wallet, seamlessly transfer cryptocurrencies from and to the casino wallet, and enjoy fast transactions with low fees.
How Does Betswap.gg Work as a Hybrid Platform?
Now that you know a bit more about both Web2 and Web3 casinos, you can better understand what Betswap is. On our platform, you can use both fiat and crypto for deposits and withdrawals, and enjoy provably fair crypto software on the blockchain and security.
If you sign up with your crypto wallet, there is no way for other players or third parties to figure out your identity on the site. Of course, blockchain transactions are transparent, but that still doesn’t mean anyone can track them to the extent of abusing the information or claiming your money. When the funds reach your wallet, you are the only one who can access them. Betswap prides itself on being one of the safest casino sites due to the hybrid nature of the platform.
How To Make a Deposit
You can make transactions in two ways — you can either use fiat or crypto. If you are using fiat, you can deposit via Visa, MasterCard, GPay, and Apple Pay, and your transactions are processed normally like on every other casino site.
However, being a hybrid platform, we also allow crypto payments, and you can buy crypto right here on our platform by exchanging fiat for crypto coins. Crypto payments are operated on blockchain and we use four main crypto networks for processing — Polygon, TRON, Ethereum, and BTC. All crypto coins that can be transferred on these networks are available as deposit and withdrawal options.
To make your first deposit, follow these steps:
- Sign up for an account — The first thing you will need to do is to set up your account to make a deposit. GO to betswap.gg and hit the”Sign Up” button. Follow the prompts to create your account.
- Select your deposit method — The deposit process varies depending on the payment method. You can use fiat currencies to load your account: go to the cashier, and submit a deposit. With crypto, you only need to copy the site’s wallet address to your crypto wallet app and enter the deposit amount.
- Enter the amount and verify the transaction — If you are using a crypto wallet, by the time you reach this step, you’ve already entered the deposit amount. Wait for the gas fee to be calculated, select the right network and coins, and submit your deposit. If you are using a credit card to deposit, you can use your mobile banking app to confirm the payment and verify the transaction.
- Use the welcome bonus and play — Once you complete your first deposit on the platform, you can also use our crypto welcome bonus of up to 500 USDT, and use it for slots and crash games.
Available Currencies and Minimum Deposit
Our cryptocurrency gambling platform accepts fiat currencies and crypto deposits and withdrawals. Here’s a brief list of all our accepted currencies and their minimum deposit limits:
- BTC — minimum deposit of $5 in crypto
- ETH — minimum deposit of $5 in crypto
- LTC — minimum deposit of $5 in crypto
- XRP — minimum deposit of $5 in crypto
- TRON — minimum deposit of $5 in crypto
- TRX — minimum deposit of $5 in crypto
- DAI — minimum deposit of $5 in crypto
- BSGG — minimum deposit of $5 in crypto
- USDC — minimum deposit of $5 in crypto
- USD — minimum deposit of $10
- EUR — minimum deposit of €10
- CAD — minimum deposit of CAD10
- NZD — minimum deposit of NZD10
Bonuses in Hybrid Casinos
Cryptocurrency betting and casino platforms like Betswap offer a variety of bonuses for new and existing players. Right now, our crypto-gambling platform rewards newcomers with a 500 USDT boost through the 100% deposit match.
In other words, you can deposit 500 USDT and get that deposit matched for playing your favorite slots and Crash games. The wagering requirement for the bonus is x50, and the minimum deposit required to claim it is 10 USDT. We are constantly working to improve our bonus selection, so you might see one of the following common bonus types added to our platform shortly:
- No Deposit Bonuses
- Free Spins
- Weekly Offers
- Reloads
- VIP Offers
- Other Loyalty Rewards
For sports betting enthusiasts, free bets are commonly found on modern blockchain sports betting exchanges. You can visit our Terms and Conditions section to check for bonus terms and find out about new offers when they are live.
Betswap.gg Casino Games
Betswap features a variety of casino games. You can find more than 4,700 games on our site, starting with online slots and going all the way to live dealer titles and table games.
The collection is powered by providers like Pragmatic Play, Evolution, BGaming, Push Gaming, Relax Gaming, BTG, and NoLimitCity. You can filter the games by name or category, and these are the most popular types on our platform:
Online Slots
Slots make up most of our collection, and we have hundreds of new games updated regularly to keep you engaged. You can filter our slot categories, which include popular games, new releases, bonus-buy slots, Megaways, and others.
You will find lots of feature-buy slots by Pragmatic Play, including Gates of Olympus 1000, Fruit Party, Candy Blitz, Sugar Rush, and Starlight Princess. Some of the best new releases you can find include Alien Fruits, Money Train 4, and Space Donkey.
Live Casino Games
Our live casino games are provided by Evolution Gaming, Ezugi, Playtech, and Pragmatic Play Live, which are some of the biggest providers of authentic live releases. Among these, you can find games streamed directly from live gaming studios such as Lightning Roulette, Odds Up Roulette, Speed Auto Roulette, Live Unlimited Blackjack, and Salon Prive Baccarat.
Among these games, you will find game shows that are somewhere between live casino games and slots with live dealer action and in-game bonus rounds. Some of the standout titles from this category include Adventures Beyond Wonderland and Monopoly Live.
Table Games
The category of our tabletop games is constantly expanding, and you can currently find options like table roulette, baccarat, Sic Bo, and blackjack. Games are developed by Evolution, Playtech, and TrueLab studios.
Quick Games
For crypto enthusiasts, quick games or provably fair games are the perfect option since they can be tested for fairness in each game round. You can find dozens of options here, from regular Crash variants like Aviator and CrashX to Dice, Colors, Mines, WHeel, and Hi-Lo.
Betting Options Available
Our hybrid sports betting platform allows you to also wager on sports with lots of options to choose from. You can explore our betting categories like favorites and top parlays, and place both live and pre-match bets.
We offer both sports and eSports betting with competitive odds and a Bet Builder option to help you place a perfect sports bet with crypto. You can bet on sports markets like soccer, basketball, cricket, rugby, Formula 1, UFC, volleyball, baseball, and others.
As for the eSports betting options, options are endless, with popular tournaments from League of Legends, Dota 2, CS: GO, Overwatch 2, King of Glory, Starcraft II, Valorant, and more. You’ll never miss an important event due to our betting schedule, which helps you filter the upcoming events by the hour.
Advantages of Hybrid Platforms
Playing on a Web3 gambling platform allows you to explore numerous benefits of decentralization. First, Web3 platforms work on blockchain casino technology, which is a game-changer in terms of security and transaction speed. You can make instant deposits and withdrawals with extremely low fees and choose from plenty of currencies to your liking.
However, being a hybrid platform, Betswap also offers the benefits of Web2, combining the two for a perfect fit. You can still play all of your favorite old games, only with the addition of exciting new blockchain-based releases. In summary, here are the main benefits of hybrid platforms:
- Low transaction fees since there are no intermediaries
- Instant payment processing with smart contracts
- Increased privacy and security
- No KYC needed for verification
- Flexible swapping from fiat to crypto
- Chance to buy crypto for fiat on our site
Disadvantages of Hybrid Platforms
While it all sounds pretty amazing, it’s not all smooth sailing. The learning curve makes it difficult for some new players to grasp the concept and understand how to use the platform in the best way possible. Scalability and complexity are other issues that blockchain platforms will have to find a way to deal with.
Plus, it’s easy to get lost in the sea of rising decentralized platforms, making the risk of joining an unregulated and shady platform greater. At least you won’t have to worry about that when you play at Betswap because our platform has all the needed licenses and operates within legal standards.
License and Regulation
As much as it’s hard for a Bitcoin casino to offer a standardized service due to the lack of law and regulation on Web3 platforms, we strive to stay within the legal frame of online gambling. We have a proper license and take software fairness seriously, which is why the introduction of provably fair games is so important.
The rest of our gaming software is tested and verified for fairness, and we only work with major game providers in the industry. Every player can transparently find the Betswap.gg license with a registration code to vouch for our fairness.
We care for our players, as you can see from our responsible gambling tools. We suggest using this self-assessment tool to identify problem gambling early on. You can reach out to our friendly support to receive responsible gambling advice or get help for self-exclusion. And if you have underage children, here are the best internet filters and protect them from gambling websites.
FAQs
How to Register on Betswap.gg?
You need to visit the main page and click on the “Sign Up” button. Just follow the steps and prompts you see on the screen. You don’t have to provide much of your personal information, especially if you are signing up with your crypto wallet.
For that purpose, we offer MetaMask and WalletConnect instant connection, allowing you to connect with a self-custody wallet for easier transaction management.
Can I play Betswap casino games on mobile?
Yes, you can play our casino games on mobile via a mobile browser. Whether you use an Android or an iOS device, you’ll have a seamless gambling experience with instant responsiveness and complete game optimization. The site is compatible with older systems but works best with iOS 10.0 or higher.
Is it legal to play at online casinos with crypto?
It is legal to play at online casinos with crypto, but only if you can find the right site. You need to make sure that you are staying within the legal boundaries of your local jurisdiction, as well as overall gambling law. Decentralization only gets you so far, and it doesn’t protect you from fraud by any means.
You need to be careful when joining crypto casino websites. Make sure to steer clear of suspicious or shady casinos.