The fastest cryptocurrencies for gambling transactions
Cryptocurrency gambling thrives on speed, so fast deposits and withdrawals mean you can start playing (or cash out your winnings) without delay.
If you’ve ever had to wait for a sluggish Bitcoin transaction to confirm, you know how frustrating slow speeds can be.
The good news? Some cryptocurrencies are faster than others, and we’ll take you through the best of them.
Key Takeaways 🔑
- Speed matters in crypto gambling – faster deposits mean quicker access to your funds.
- Some blockchains, like Solana and Ripple, can process transactions in seconds.
- Network congestion, fees, and block times all matter in terms of transaction speeds.
- Our new Coin Hub lets you check real-time speeds for crypto gambling transactions.
Which are the fastest cryptos for gambling?
Below, we’ve listed the top cryptos that all but guarantee blazing-fast transactions, making them great for instant deposits and withdrawals at crypto-friendly casinos.
1. Solana (SOL) – 4,000 to 5,000 transactions per second
A speed demon in the crypto world, Solana has an average block time of just 400 milliseconds.
Though it’s reached 65,000 transactions per second (TPS) in testing, Solana usually processes between 4,000-5,000 TPS in real-world situations. Either way, it’s one of the fastest for crypto gambling.
Key facts
- Lightning-fast deposits and withdrawals (settled in seconds).
- Low fees, most of the time less than a cent per transaction, which keeps deposits and withdrawals affordable.
- High throughput means network congestion is rare, even during peak times.
2. Stellar (XLM) – 2 to 5 seconds per transaction
Stellar is often compared to Ripple but unlike XRP, XLM operates on a decentralized, open-source network.
It boasts two to five second transaction speeds and negligible fees, which means it’s an excellent option for fast gambling transactions.
Key facts
- Fast, near-instant transactions, ensuring minimal waiting time.
- Low fees, making small deposits and withdrawals cost-effective, even for casual players.
- Decentralized and secure, which reduces the risk of centralization-based issues.
The only issue? Stellar casinos aren’t very common. Currently, we’ve only reviewed eight of them.
3. Ripple (XRP) – 3 to 5 Seconds per Transaction
Ripple’s XRP Ledger is designed for speedy cross-border payments, but it also shines in crypto gambling.
Transactions confirm in three to five seconds, with fees as low as $0.0002 per transaction, making Ripple one of the most cost-effective options.
Key facts
- Ultra-fast transaction speeds, so deposits and withdrawals take no time at all.
- Minimal fees make it cost-effective, especially for frequent transactions.
- Reliable and widely accepted at crypto casinos, giving you more options.
4. Tron (TRX) – 3 seconds per block
Tron is widely available at crypto casinos, thanks to its high-speed and low-cost transactions.
The Tron network confirms a block every three seconds, so it’s much faster than Bitcoin or Ethereum, for example.
Key facts
- Three-second transaction times make for a speedy deposit and withdrawal experience.
- Near-zero fees (often under a cent), keeping more money in your account.
- Supported by many dApps and casinos, which means it’s one of the most casino-friendly cryptos.
Honorable mentions
While the cryptos listed above offer the fastest speeds, here are a few other strong contenders you might want to consider:
- Litecoin (LTC): Two and a half-minute block times, faster than Bitcoin but not instant, making it a reasonable choice for medium-speed gambling transactions.
- Binance Smart Chain (BNB): Three-second block confirmations and low fees make it a strong option, especially for users already within the Binance ecosystem.
- Polygon (MATIC): A fast Ethereum layer-2 solution with low fees, allowing for quick and affordable gambling transactions.
Why does transaction speed matter?
So, why bother with fast transactions in the first place?
When you’re playing at a crypto casino, fast transactions make a huge difference, improving your overall experience and reducing frustration. Here are a few reasons why:
- Faster deposits
Ideally, you want to start playing immediately, not wait for confirmations. Slow deposits can mean missing out on limited-time offers and are generally frustrating. - Quick withdrawals
Getting your winnings instantly is a major perk of crypto gambling. The faster your funds arrive, the sooner you can use them elsewhere or try your luck at another casino. - Lower costs
Faster networks often have lower fees, meaning more money stays in your wallet rather than being spent on transaction costs.
Look, it’s not the worst thing to have to wait a minute or two for your transactions to reflect. But when that five minute (or worse, ten minute) mark hits, it can definitely sour the mood.
Using our Coin Hub to find the fastest cryptos
Not sure which crypto is fastest right now?
Our new Coin Hub lets you check real-time transaction speeds across multiple blockchains, so you can pick the best option for instant gambling deposits and withdrawals.
Here’s how it works:
- Choose your cryptocurrency: Choose from 40+ gambling-friendly cryptos and view which networks are available for each one.
- See real-time speeds: Get updated transaction times based on network congestion, so you always have the latest info.
- Compare fees: Discover which cryptos have the lowest costs for transactions.
- View available casinos: Find a list of casinos accepting your ideal crypto.
It’s a pretty neat tool, and should help you find the fastest and cheapest cryptos for gambling at any given moment!
Final thoughts
When it comes to crypto gambling, speed is everything. The faster your transactions, the better your experience, especially when you’re depositing or withdrawing at casinos, or just moving funds around.
Now that you know the fastest cryptos for gambling (SOL, XLM, XRP, and TRX), you should remember that these networks offer instant transactions and low fees.
Want to stay ahead? You can use our new Coin Hub to check real-time transaction speeds before you play.
