Why Solana is great?
By now, you're aware that you can use an incredible cryptocurrency such as Solana for gambling and win big money. The following are the features that make Solana exceptional from its peers:
To start with, Solana is named after a small Southern California coastal city and was founded by a developer known as Anatoly Yakovenko in 2017. However, its launch happened in March 2020. It was generally designed to work the same way Ethereum works and also become better than it by far. Since then, Solana has been in use and has revolutionized the way people use cryptocurrency to play casino games.
Compared to other conventional cryptocurrencies such as Ethereum, Solana has proved to take the lead when it comes to online gambling. This is because it allows users to enjoy faster transactions, thereby making the crypto gambling seamless and more convenient.
For instance, an Ethereum transaction can take up to 2 hours for the funds to be credited into the gambler’s account. However, Solana allows you to make more than 50,000 transactions per second. As a result, Solana is better than its peers as it makes crypto gambling seamless and more convenient.
Offers more value for money
If you choose to use Solana for crypto gambling, trust that you will not be subjected to additional fees from your preferred gambling site. Therefore, you can be assured that you’ll be able to make your desired gambling deposits and then obtain your payout free of charge. This feature makes it better than other crypto payments.
It is environmentally friendly
If you're looking for an environmentally friendly cryptocurrency, then Solana can be your best fit. This can be attributed to the fact that it utilizes Proof of History (PoH) and Proof of Stake (PoS) algorithms, which tend to be more energy-efficient than Proof Work (PoW). Thus, Solana can be ideal for online gambling and the environment in general.
It allows you to get a better payout
Besides the above-mentioned features, Solana allows you to make withdrawals on the same day. Interestingly, you’ll be able to withdraw your funds within a period of 10 minutes after placing your request. However, there are instances when it can take between 1-2 hours for the withdrawals to reflect on your account.
A Small Network Fee
It is common knowledge that blockchains are typically mined. Therefore, if you have to share their information, the whole process has to be independent and one that is carried out by a number of connected computers. Such processes might require you to pay high network fees. However, with Solana, you’ll not be subjected to high network fees.
It is environmental friendly
Has high levels of scalability
SOL ensures composability between different projects. Therefore, users do not need to grapple with a myriad of shards
Not decentralized enough
Not stable enough
Prone to inflation
Does not have a first-mover advantage and thus has lesser projects than its peer cryptocurrencies, such as Ethereum
Best SOL Casinos
If you’re looking for the best Solana casino 2023, My Stake ticks all the right boxes. To start with, you’ll have access to more than 4500 games, which in our opinion is more than enough for your betting needs. From esports betting games to virtual sports you got covered.
On the downsides however, you have to fill in the KYC requirements before withdrawing your winnings―which can delay the process a bit. But from the brighter side it can help secure your funds. Here, you might be asked to submit your government-issued document such as a military ID or passport. Other features that stand out on the platform include:
The above-mentioned Solana casino started its operations in 2018 and has risen to fame since then. Back in the day, this online casino used to accept Bitcoins and fiat currencies. However, this no longer the case as it now supports the use of other cryptocurrencies such as Solana.
Currently, this online casino takes pride in having more than 8000 games; thus, meets the threshold of being one of the most versatile online gaming platforms. Besides this, here is what you ought to know about this Solana casino:
This Solana casino is known to have an array of games one can choose from and play. To put this into perspective, this casino is home to hundreds of table games and 6000+ slots. Also, you will find live dealer games and a sportsbook with a rich number of Solana games, such as darts, rugby, tennis, soccer, baseball and so forth. This applies to both in-play and pre-match bets.
Unlike other conventional Solana casinos, Jackbit offers its players a ‘3+1 FreeBet’ promotion. With this promotion at hand you can be sure that your fourth bet will be risk-free after placing the first three bets. Remember that the 4th bet will be based on the average of the first threewe bets. Additionally, it boast of having the following features:
Besides the Solana casinos that we have discussed above, Superslots is yet another casino that will not disappoint you. Despite that, this Solana casino allows new players to enjoy a unique bonus as it gets spread across the first 6 deposits you make on this platform. As a result, you will be able to get the most out of your bonus without having to deposit more money at a go. Other incredible features of this Solana casino include:
To start with, this Solana casino was launched in February 2020.The good news is that this casino is quite engaging as it is home to an array of slots and crypto casino games. Moreover, it has a plethora of rewards for its players and a good customer support team. The Solana casino also accepts a wide range of cryptocurrencies. Besides this, it stands out from its peer Solana casinos, thanks to the following features:
Last but not least Cloudbet, which is yet another casino that will not disappoint you. Currently, this Solana casino operates in more than 100 countries. However, you’ll not be able to gamble in this casino if you live in the UK, US or Australia―unless you use a VPN.
Despite that, this Solana casino allows new players to enjoy a huge bonus once they sign up. Here, you can trust that you’ll get a 100% deposit bonus of up to 500 SOL. The following are the other finer details about Cloudbet: