Uniswap Casinos – Overview
Built in 2018, Uniswap is a decentralized exchange platform that was built on the Ethereum blockchain. Due to this, Uniswap is compatible with all ERC-20 tokens, including MetaMask and MyEtherWallet.
It has its own token, UNI, which has been in the top 15 of trending cryptocurrencies for a while. Moreover, Uniswap is now the seventh-largest Defi platform, with over $7 billion in crypto assets in its protocol.
But, how does Uniswap actually work? Simply put, Uniswap is a protocol with two purposes:
- Creating liquidity
- Trading ERC-20 tokens on Ethereum
The platform also eliminates the need for intermediates and allows faster and more efficient trading.
The question that remains is: is Uniswap’s token UNI widely accepted by casinos? That’s what we want to find out.
On this page you’ll learn:
- The casinos that accept Uniswap (UNI)
- Which games you can play with UNI
- Advantages and disadvantages of gambling with Uniswap
- The safety precautions you must follow when playing with UNI
Best Uniswap Casinos
Before recommending any casino to our readers, our team always performs extensive research about their reputation, usability, and safety, among other characteristics.
One particular casino that we have recommended in the past and have playtested extensively is BC.Game. For the time being, this is the only blockchain casino we can suggest for those who want to play with UNI.
One of the main reasons why BC.Game is the best Uniswap casino is related to its safety. This casino holds a license issued by the Curaçao regulatory entity, which ensures it meets all the security and fairness standards our readers deserve.
Another excellent advantage of BC.Game is its usability. The platform is highly innovative and offers you not only the online gambling experience but also a social network.
Through BC.Game’s forum, players can easily interact with one another, something that isn’t very common on other platforms.
There are, of course, some aspects that could be improved about BC.Game. Nevertheless, this is an excellent option for those who seek fair games, good usability, and gamification.
Are There Uniswap Casino Dapps?
Unlike what happens with online casinos, there are plenty of options to choose from when it comes to Uniswap gambling Dapps.
Although none are exactly a casino, they do all offer casino-like games:
- Last Unicorn – a passive income gambling game
- Unified Bet – with 0% fees on the initial invested amount
- Hundreds of Niu Niu – following the same principles of poker but with hundreds of players at the same time
The best part about these Dapps is that they’re all very different, which showcases just how much you can do with this type of technology.
Alternatives to Uniswap Casinos
Listen, we understand if you’re disappointed with the number of Uniswap casinos we suggested.
We’ll be as attentive as possible to new updates in the industry and will add further casinos to this list as soon as they become available.
For the time being, why not try casinos that support other tokens, like Bitcoin and Tether?
We’re pretty sure that some of these will eventually accept UNI payments, so you might as well start getting familiar with them right away!
The first cryptocurrency to ever be accepted by casinos was Bitcoin, and we’re certain we don’t need to explain the reasons why.
While you can also wager Bitcoin at BC.Game, these casinos below are our top 5 BTC casinos:
The stability behind Tether is probably one of the main reasons why it’s so commonly accepted at online casinos. Just like BTC, USDT is widely accepted as payment. Have a look at these excellent Tether casinos below:
Casino Games You Can Play With Uniswap
For the time being, you can only use UNI tokens to play casino games at BC.Game. But there’s no need to worry – you still have plenty of options to choose from!
At BC.Game, you’ll find slots, live casino, and original games, all of which are provably fair. Although you can play exclusive titles that you won’t find in any other casino, you’ll also have access to some popular staples:
There is a wide range of slots to choose from, with many developed by some of the best-known software providers. BetSoft, Pragmatic Play, or Yggdrasil are just some of the names you’ll find on the providers’ list.
Another excellent advantage of playing casino games with UNI at BC.Game is the wide range of live casino games on offer. Most of the titles were developed by Evolution, but you can also find some from Pragmatic Play.
Unfortunately, for the time being there aren’t any sportsbooks that support UNI tokens, but we’ll update this section as soon as one becomes available.
Pros and Cons of Playing with Uniswap
Whether you play with cryptocurrency or fiat money, there are always pros and cons associated.
But there are some specific disadvantages to gambling with crypto money, especially due to the high volatility these tokens hold.
The first main advantage of playing with UNI tokens is that Uniswap itself is a decentralized platform that allows you to swap any token with the ERC-20 protocol.
But even though that is one major pro, there are still some cons that you should consider before playing with Uniswap. For instance:
❌Gambling with altcoins generally isn’t recommended for beginners.
❌ Due to the volatility of the coins, you can easily lose big.
Just like it happens with other cryptocurrencies, there are also some big advantages to gambling with Uniswap:
- You’ll have faster and safer transactions
- All of your payments will remain anonymous
- The payments are decentralized
Considering both the pros and cons above, it’s safe to say gambling with Uniswap is a good option for those who have strong experience with online casinos and cryptocurrencies.
Are Uniswap Casinos Safe?
The answer to this question depends on one simple aspect: the Uniswap casino you select.
Regardless of whether you play with altcoins or fiat money, the only safe casinos out there are those that have received a license from a gambling regulatory entity.
At the time of this article, the only recommended Uniswap casino is BC.Game. This is a reputable casino that received the seal of approval from the Crypto Gambling Foundation.
Are Uniswap Casinos Legal?
It all depends on where you live. While in some countries gambling is legal, in others it’s not. We suggest that you read into the legislation on online casinos in your place of residence.
Also, you must check whether playing with altcoins is also legal. Some countries have legalized gambling but have strict legislation on cryptocurrencies.