Cryptocurrencies have quickly outpaced other traditional banking methods for all kinds of online transactions, including real money gambling. Stellar is one of those up and coming cryptos that has taken the online gambling world by storm. Below you can see our list of the best Stellar online casinos.
Real money casinos accepting Stellar deposits continue to grow in popularity, and because of its speed and secure transactions, we believe Stellar will only continue to become a more popular banking method for gambling online.
In this article, we’ll discuss Stellar, also known as XLM, and how you can use it to deposit at USA crypto casinos.
What Is Stellar?
The cryptocurrency known as Stellar Lumens, or XLM for short, is a crypto that is based on the Ripple protocol. They have some similarities in that they both come from payment protocols, and both of them focus on banking institutions having their own cryptocurrencies so clients can easily transfer money to one another.
The major difference between the two is that Ripple started out as only working with banking institutions, whereas Stellar can be used by anyone.
Stellar’s goal is to decentralize the means of transferring money just like Bitcoin does for cash. They’ve already partnered with organizations like IBM and KlickEx to do just that. The network processes about 1,000 transactions per second, compared to the 3 per second that Ripple does and the 7 per second for Bitcoin.
McCaleb believes that even though cryptocurrencies are decentralized, it’s still important for them to have a common value system so everyone knows what they are worth. This means that cryptocurrencies need to be easy to use, fast to transact, and cheap for both merchants and consumers. That’s why he created Stellar in the first place!
How Stellar Works
Similar to Ripple, Stellar transactions are validated by different verification nodes. These nodes are run by individual users who upload them to the Stellar Core, which is where all transactions are processed.
However, unlike Ripple, the Stellar developer team doesn’t limit the nodes or monitor them. The Ripple developers created a list of 35 nodes that are approved for verification, whereas Stellar took a more decentralized approach.
This process is much more efficient than other cryptocurrency systems like Bitcoin, which uses proof of work. The proof method is much slower than the node system Stellar and Ripple operate on.
Stellar Compared to Other Banking Methods
When it comes to online gambling, there are plenty of banking options for players. Some you’re probably familiar with, but others you might not have ever heard of.
If you’re new to Stellar, here’s how it stacks up against other popular banking methods.
Stellar vs. Other Cryptocurrencies
Like we mentioned earlier, Stellar is a cryptocurrency that was created with the goal of being as accessible as possible. The Ripple system aims to be a direct competitor to SWIFT, which many international banks use for transferring money. This means it’s going to be pretty similar in terms of speed and fees compared to other cryptocurrencies on the market.
However, the same does not apply for other crypto like BTC or ETH. These are much more expensive for consumers to use because their validation system is outdated.
Despite this, many more casinos offer BTC and ETH options than they do Stellar or XRP.
Stellar vs. Credit/Debit Cards and Bank Transfers
The benefit of using credit or debit cards to make deposits is that it’s easy. All you have to do is enter your card details and you’re cooking with oil.
But at the same time, credit cards and bank transfers don’t offer you the same kind of security as a cryptocurrency like Stellar.
Online casinos will store your card and bank account info long after you’ve made your deposit, and on the flip side, banks and credit card companies keep records of your transactions at online casinos.
Using Stellar, you can make secure deposits that aren’t monitored by your bank or credit card provider. Plus, the nature of crypto makes it far more secure than a Visa or Mastercard.
Stellar vs. E-Wallets
One of the direct contenders with cryptocurrency is e-wallets. Services like Skrill, Neteller, and PayPal make it easy to deposit at real money online casinos, but at the cost of hefty fees. Plus, they’re still a middleman for your transactions, of which there are records.
Stellar is faster than an e-wallet and has lower transaction fees. While using cryptocurrency might involve a bit more legwork on your end, you’re getting much more value out of it than say Skrill or PayPal.
How to Choose a Great Stellar Gambling Site
Not all online casinos that accept Stellar are worthy of your patronage, so you have to be careful when choosing a new gambling site.
Below, we’ll detail the criteria we use to pick the best online casinos for US players.
Reputation and Licensing
We only list online casinos that are licensed by reputable regulatory bodies like the UK Gambling Commission, Malta Gaming Authority, or Curacao eGaming.
Reputable brands tend to have more stringent policies when it comes to fairness and safety at their gambling site. Not only do they follow all the necessary governmental regulations, but they also set their own guidelines for how they operate.
An online casino that’s dedicated to players will not only be licensed but also invest in site security, like SSL-encryption or a third-party security firm. This ensure that all player information is protected for every eventuality.
Banking Options
Even if you choose stellar to be your banking method of choice, it’s still important to look at what other options the casino offers. For example, a casino that has multiple popular banking methods shows that it’s been vetted by those companies and approved to use their service. PayPal, for one, is particularly picky about who can use its service.
And plus, you want to know that if your Stellar-craze falls through, you can still find another method for making deposits and withdrawals.
Game Selection
One of the biggest qualifiers for online casinos is their game selection. It might seem simple, but you’ll only want to sign up at a real money gambling site if they offer a variety of games you’re interested in.
Let’s say that you sign up for a casino only to play a single slot machine. Chances are you’ll get bored of it fairly quickly, so you’ll want a bunch of other games to play as well.
The best online casinos add new titles frequently and often run special promotions for certain games.
Customer Support
Customer Support is one of the criteria that’s often overlooked, but it’s one of the most important aspects of an online casino. If you were to have a problem making a deposit or playing a certain game, you want to know that the casino’s customer support is available at all hours of the day to help resolve your issue.
Good online casinos offer a variety of ways to get into contact with them, including an email address, phone number, and a 24/7 live chat feature.
Live chat has become the gold standard of customer service, so that’s a big one to look for.
Bonuses and Promotions
Almost every casino known to man offers some kind of bonus for new players. But don’t be enticed by a large bonus just because you like free stuff. Some online casinos offer expansive welcome packages to take the attention away from the rest of their platform, which might be less than ideal.
Good online casinos will offer a variety of bonuses, just like options for regular and crypto deposits, as well as ongoing promotions like Top-Up Tuesday.
You’ll want a casino with a good balance of all these criteria, don’t jump for the highest bonus!
Making Deposits With Stellar
Even though using cryptocurrency requires you to be a bit more tech-savvy, it’s worth it in the long run for the increased transaction speeds and lower fees.
If you’re already a crypto expert, you can probably skip this section. But, if you’re new to the realm of digital currencies, use these simple steps to make your first Stellar deposit at a real money online casino.
Step 1: Find a crypto exchange and complete the verification process
There are a lot of great crypto exchanges out there where you can buy, sell, and trade crypto. Coinbase, Binance, and Gemini are all reputable exchanges. To create an account, you’ll have to provide the exchange with some verification information, such as your name, address, email, and state ID or driver’s license. Once this information has been assessed, your crypto exchange account will be verified, and you can make your first deposit.
Step 2: Make a deposit and purchase Stellar
To fund your crypto exchange account, you’ll have to connect a bank account, credit card, or PayPal account. You can then deposit funds directly into your account and use them to purchase Stellar or other crypto. To make a purchase, simply input the amount in dollars that you’d like to buy, and you’ll receive the equivalent in crypto.
Step 3: Store your crypto
To make a deposit at an online casino, or to complete any other online transaction using crypto, you’ll have to have a crypto wallet. The wallet is like a digital vault that protects your crypto as well provides a way for you to complete transactions. The wallet will have a code which you can give to your online casino with deposit or withdrawal funds.
Most crypto exchanges have a built-in wallet feature, or you can use a third-party wallet like Exodus or Mycelium. There are two kinds of wallets, software and hardware. Software is digitally-based, while hardware wallets provide an extra level of security because they’re not connected to the Internet.
Step 4: Login to your casino account and make a deposit
Navigate to the online casino’s cashier or banking page, and select Stellar as your deposit method. They’ll ask for your wallet code, and once you provide it, they will withdrawal the desired amount of Stellar from your wallet. You can then use this to play slots or table games.
Step 5: Win big and withdraw
Once you’ve hit it big and are ready to withdrawal, just reverse engineer the process you used to deposit. Select Stellar as your withdrawal method and reenter your wallet code, and your funds will be transferred into your wallet. After that, what you do with them is up to you!
Why Choose Stellar for Online Gambling Deposits?
There are a variety of reasons why you would want to use Stellar for online gambling over other popular banking methods. These include:
- Stellar is much faster than Bitcoin, Ethereum, and conventional banking methods. Transactions are verified with 3-5 seconds, about 100x faster than Bitcoin.
- Stellar has nonexistent transaction fees. In reality, they charge 0.00001 lumens (a unit of Stellar value.) A single lumen is worth about $0.40, so the transaction fee is so miniscule you’ll never notice it.
- Stellar is secured. Each approval node must follow Stellar’s code of conduct, so you can rest assured your information is safe and protected.
Other Fast Payout Solutions
Below you can find links to other helpful resources on our site including the best fast payout online casinos and other great options for making deposits online.
 Litecoin Casinos in 2021Litecoin is a great alternative to traditional crypto without sacrificing security or speed. |
 Fast Payout Online CasinosNot all casinos have fast payout times, so check out these lightning quick casinos! |
 Ripple Online Gambling SitesRipple is very similar to Stellar, and provides super-fast transaction speeds |
Stellar Casinos FAQ
We hope that we were able to answer most of your questions about Stellar casinos and what it is. If you are still looking for more information, we have put together a few of the most commonly asked questions that we receive about XLM from our users below.
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Stellar and XRP Were Created by the Same Person, So What’s the Difference?
In many ways, Stellar and XRP are the same. They are both fast, and cheap. However, Ripple takes a more centralized approach, vetting each verification node. They mainly did this because XRP was meant to be used for bank-to-bank transactions, so they needed a heightened security protocol. XRP is also a tad more expensive than Stellar, with about a $0.02 transaction fee.
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Why Isn’t Stellar More Widely Accepted?
Stellar is still a very young cryptocurrency, so in as it grows it will become more popular. Bitcoin and Ethereum have been around for a long time, which is why they have such a large following. Stellar is still more popular than other altcoins like Dash or ZCash.
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Some Online Casinos Offer Exclusive Bonuses for Bitcoin Deposits, Are There Special Promotions for Stellar?
Not that we know of. However, you can still cash in on the crypto deposit bonuses as our recommended casinos, whether you choose to use Stellar, Litecoin, or another accepted crypto.
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Is Stellar a Good Investment?
We’re not in the business of giving investment advice, but there’s always the chance that your Stellar casino winnings might grow in value if you hold onto them long enough. Just make sure you know when to sell!
