Crypto-casinos: blockchain in traffic arbitrage
Recently, the terms “crypto casinos”, “blockchain casinos” and “smart contract casino offserts” have become increasingly popular in the arbitrage community. But what are these products? Is it just a marketing attempt to attract more traffic using cryptocurrencies, or are they really new blockchain-based products? In this piece, we will understand these questions and reveal the following aspects:
- What is a crypto casino and how does it work?
- How is a blockchain casino different from a traditional online casino?
- Where are crypto casinos popular?
- How to work with crypto-offers in arbitrage?
- Are there scam risks for blockchain casinos?
What is a casino blockchain?
A crypto casino is an online casino where all financial transactions, including deposits, bonuses and withdrawals, are done exclusively in cryptocurrency. This provides users with financial anonymity and simplifies withdrawals, which attracts a wide audience. The gaming process and transactions in such casinos are based on blockchain technology, and all actions are automated with the help of smart contracts.
How does a blockchain casino differ from a classic online casino?
The gameplay at blockchain casinos is similar to traditional online casinos, but there are a few important differences:
- Financial Transactions: Unlike traditional casinos that can work with fiat and cryptocurrency, crypto casinos do all transactions in crypto only.
- Anonymity: All you need to do to register is to link a crypto wallet. There is no need to provide personal data or go through KYC procedure.
- No restrictions: Cryptocurrency transactions bypass the restrictions of local regulators who may block bank cards at traditional casinos.
- Automation: Smart contracts make all processes automated, eliminating operator involvement.
- Rate Volatility: Players can profit not only from winnings, but also from the rise in the cryptocurrency’s exchange rate.
Crypto-casino promotion: features of arbitrage
One of the key differences between crypto casinos is the target audience. Crypto casino players are more knowledgeable about technology and cryptocurrencies. They are not susceptible to standard advertising creatives based on promises of quick wins. Instead, it is more effective to use analytics, infographics, and technical reviews.
Sources of traffic for crypto casinos
For crypto casino arbitrage, the most effective traffic sources are SEO and Google PPC. Traffic from social networks such as Facebook and TikTok is of lower quality in terms of LTV of players. Threaded forums and crypto communities such as Bitcointalk can also be a great source of relevant audience.
Geo to drive traffic
Crypto-casinos can be promoted in geos with a high level of internet penetration and cryptocurrency prevalence. The most promising are Tier-1 countries and certain US states where cryptocurrencies have legal status, such as Montana, Tennessee, Kansas and Texas.
Casino blockchain and smart contracts
A key feature of blockchain casinos is the use of smart contracts, which ensure that all transactions are transparent. They ensure that the terms of interaction between the player and the casino are unchanged and transactions are automatic.
Disadvantages and risks
While crypto casinos have a lot of benefits, they are subject to the volatility of the cryptocurrency markets. If the crypto exchange rate drops drastically, many players may rush to withdraw their funds, leading to a decrease in activity. In addition, there are cases of scam even among blockchain casinos. For example, the ZKasino project was accused of stealing more than $33 million, which emphasizes the need for caution when choosing affiliate programs and offers.
Conclusion
Crypto-casinos are a promising niche for traffic arbitrage, thanks to the growing popularity of cryptocurrencies and the increasing demand for anonymous and fast transactions. Crypto-offer affiliates provide webmasters with new opportunities for testing and scaling. Crypto-casino arbitrage gives webmasters not only access to a new audience, but also the potential for high payouts and long-term cooperation with advertisers.
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