When the old meets the new, you often get something special, and for bingo fans and crypto fanatics, that’s exactly what’s happening online.
Bingo’s inaugural appearance was in Italy back in 1530. At least this is as far back as historians can trace the game, while cryptos appeared this millennium in 2009 when Bitcoin first came online. As bingo came online and cryptos are based on internet technology, the two were destined to cross paths and so today we have cryptocurrency bingo online!
Crypto Bingo is Popular and Straightforward!
For some, cryptos and bingo could not be further apart as far as complexity is concerned. Yet, you do not need to understand how cryptos valuation works or even how a blockchain ecosystem operates to buy crypto and start using it to play bingo online.
It is as simple as finding a crypto wallet that accepts a payment method you have and then buying crypto. Once you have your crypto, simply use your personal wallet address at the bingo site you choose to play at and send your crypto there! Your balance will instantly top up with your crypto deposit and you are ready to head over to the virtual bingo cards.
As for playing bingo, it’s reasonably straightforward. Buy a card, let the bingo machine blast out the numbers, and the bingo site’s software will automatically cross off numbers that match on your card. If the numbers form into a horizontal, vertical, or diagonal line on the card, you win!
Variations of Cryptocurrency Bingo Games Vs Fiat Currency
Thanks to computer graphics, the variety of bingo games available is huge! At this time there are slightly less crypto bingo titles versus traditional currency versions. The key factor here is not all software providers have adapted their platforms for cryptos.
Most bingo sites that accept cryptos such as BTC, BCH, LTC, USDT, DOGE, and ETH use Pragmatic Play virtual bingo and Evolution Live Mega Ball bingo titles. Dragonfish is another software provider that is popular in the Bingo space as well as Playtech, but currently these platforms are rarely found on bingo sites that accept crypto.
In fact, the crypto bingo games you play at bingo sites that accept virtual currencies are the same games you would play at bingo sites that accept GBP, AUD, NZD, CAD, and so on. The gameplay is the same with the same payout multipliers applied. On top of this, crypto games work on both mobile and desktop devices in the same way. However, crypto bingo uses ‘Provably’ fair algorithms, while the real money version of the game uses a random number generator (RNG).
According to the WhichBingo report 2021 most UKGC licensed sites offer bingo bonuses and deposits using GBP. This is because most of these websites are not yet ready to adapt their platform to begin offering players crypto gameplay and bonus deals.
Crypto Specific Blockchain Ecosystems
With the introduction of blockchain technology, some developers have created bespoke cryptocurrency bingo websites. These sites use a custom designed ecosystem and crypto. For example, Bingocoin is an example of a blockchain developer trying to bring bingo players to blockchain bingo.
However, how long bespoke bingo sites will stick around for is hard to tell. When the developers began designing these sites, they probably were not expecting well-known bingo software providers like Pragmatic Play to adjust their games to allow bingo site operators to offer their members the chance to play bingo games, originally designed for RNG gameplay and fiat currencies, using cryptocurrency.