Before you sign up to a slots site and make a deposit, there are a few important differences between betting with fiat currency and betting with AAVE. Here’s everything you need to know to start playing slots…

Best AAVE Bonuses and Promotions

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Using AAVE to play slots provides players with a range of impressive advantages. The promotions and bonuses offered by cryptocurrency slots sites are, in most cases, far more competitive and crypto-targeted than the bonuses offered by traditional sites. Most AAVE slots sites offer bonuses that include new player bonuses, free spins, special seasonal promos, and other cash bonuses.

Some of the most common promotions and bonuses offered by AAVE slots sites include: 

  • Matched deposit bonuses: This type of bonus applies to the first deposit a player makes to a slots site. Matched deposit bonuses typically provide players with a 100% match on the first deposit they make — a $500 deposit, for example, will provide a player with an additional $500 in bonus cash
  • Cash bonuses: Instead of providing players with a percentage of their first deposit as a bonus, these bonuses provide a fixed amount of cash as a new player bonus.
  • Reload bonuses: These can provide players with either a matched deposit or a cash bonus but typically aren’t as high as first deposit bonuses. They usually apply to the second, third, or ongoing deposits made to an account.
  • Free spins: AAVE slots free spins work the same way as the free spins provided by traditional slots sites and can be offered for deposits, as VIP rewards, or won in-game.
  • Jackpots: The slots jackpots and AAVE slots progressive jackpots offered by cryptocurrency slots sites are often far more competitive than other sites.

Special promo or bonus codes can provide additional benefits when you sign up for a crypto slots site. Coin Clarity publishes a regularly updated curated list of the best crypto slots bonus codes when they are available at the top of this article. 

Participating in the VIP program of a cryptocurrency slots site is another highly effective way to gain additional benefits. Most AAVE slots sites offer level-based VIP programs with free spins, bonus cash, and other prizes. 

How to Deposit AAVE to Slots Sites

All that is needed to make a deposit is a wallet address. Your slots site will provide this address within the banking, cashier, or wallet section.

First, start a new transaction within your wallet or exchange to make the deposit. Next, copy and paste the site’s wallet address into the destination field. Finally, specify the amount you would like to deposit and click send. Your funds will be available to start betting within 45 minutes.

Make sure that you are sending your funds to a dedicated AAVE address. Depositing otherwise, like sending AAVE to a Bitcoin address, for example, will result in a permanent loss of funds. Also, it’s rare for crypto betting sites to charge deposit fees; you’re more likely to be charged fees by your wallet or exchange as a small maintenance cost.

Usually, crypto slots sites that accept AAVE won’t set a minimum deposit amount. To take advantage of first deposit bonuses or new player promos, you’ll typically need to meet a minimum deposit amount worth at least $10 to $50.

In 2022, players have several different deposit methods to choose from including:

  • Mastercard credit or debit card
  • Visa debit or credit card
  • Skrill
  • Neteller
  • PayPal
  • Other popular digital payment gateways

How to Withdraw AAVE

All you’ll need to withdraw AAVE from a slots site is your wallet address. You can find this by starting a new transaction within your wallet or exchange and clicking ‘receive.’ Once you do that, you’ll have a QR code you can scan and an address you can copy/paste.

Your site will provide you with a dedicated section to make withdrawal requests. To make the withdrawal, copy and paste your wallet address into the specified section and type in the amount you would like to withdraw.

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Even though crypto transactions are known to process extremely quickly, some sites may intentionally hold your request to verify the transactions. For example, they may require additional KYC information or other verification forms before they let the transaction through. This can also happen if the requested amount is rather large or if there have been multiple withdrawal requests made in a short amount of time. In any case, these holds usually won’t last more than 24 hours.

How to Play Slots With AAVE

While AAVE is slightly more complex to buy than major mainstream cryptocurrencies, the process of playing slots with AAVE is extremely simple. If you’ve ever played slots online before, you’ll find that crypto slots’ user interfaces are essentially the same as traditional slots sites. 

Once you’ve created an account on a crypto slots site and have made a deposit, you’ll be able to select from a wide range of AAVE slots games that include classic slots, video slots, 3D slots, and progressive jackpot slots. It’s worth noting that some sites don’t calculate bets in USD or other currencies and calculate in mBTC, which is equal to one-thousandth of a Bitcoin. Users can change which currency wagers are on display in their account settings.

On decentralized sites, users can play provably fair crypto slots. These slots take the blockchain data provided by the player and use it to run random number generator (RNG) software. By doing this, these sites can provide unbiased and truly random odds. Furthermore, since these games are open-source, players can view the code that runs them and verify their odds.

The best crypto slots sites are functionally similar to traditional slots sites, offering a wide selection of different types of games and similar RTP, including:

  • Classic Slots / 3-Line Slots
  • 5-Line Slots
  • Video Slots
  • 3D Slots
  • Bonus Slots
  • Progressive Slots
  • Virtual Reality Slots
  • Free Slots

Using AAVE to Play Slots Online: What You Need to Know

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It’s important to check the transaction cost when either depositing or withdrawing AAVE, as transaction fees can increase dramatically during periods of high network congestion.

There are a few additional notes that users should be aware of to keep their funds and identity safe, which include: 

  • Anonymity: AAVE doesn’t offer any special privacy features — all AAVE transactions are viewable on a public blockchain. This means that if you send AAVE from a cryptocurrency exchange linked to your ID, your details are traceable to your transactions.
  • Security: If you use AAVE or any other cryptocurrency, you’re responsible for the security and safety of your cryptocurrency. For this reason, it’s important to only bet on reliable, recommended cryptocurrency slots websites and always enable additional security features such as two-factor authentication wherever possible.
  • KYC requirements: In many cases, it’s possible to play completely anonymous cryptocurrency slots or KYC-free cryptocurrency slots. Sites in some regions, however, may be obligated to collect Know Your Customer (KYC) information from players that make withdrawal requests above a certain threshold before they can payout.

Choosing the Best AAVE Slots Site

While AAVE is an altcoin, the number of slots sites and crypto casinos that accept it as a banking option is increasing daily. The biggest advantage of using AAVE to play slots is the availability of instant withdrawals. Unlike traditional bank transfers, which often take several days to complete, AAVE withdrawals from slots sites are usually processed in less than 30 minutes.

AAVE markets on cryptocurrency exchanges have deep liquidity, which means it’s extremely easy to withdraw AAVE from a slots site and trade them for either fiat currencies such as EUR or USD or other cryptocurrencies. 

The withdrawal limits and betting limits offered by AAVE slots sites are higher than traditional slots sites and higher deposit limits. Another notable difference between traditional fiat currency slots and AAVE slots sites is the quality of promotions and bonuses — cryptocurrency slots bonuses are often far more competitive than traditional slots.

Like traditional slots sites, AAVE slots sites are evaluated on safety levels depending on a broad spectrum of factors: site reliability, payout speed, trustworthiness, player reviews, and site security. The table at the top of this article provides a curated list of the safest crypto slots sites that accept AAVE.

Different AAVE slots sites offer different benefits and features. Therefore, it’s best to play on an AAVE slots site that provides the features you specifically want. For example, if you prefer to play slots on your phone, it’s important to look for an AAVE slots site that offers a dedicated mobile app. 

Check for the following features before you sign up and make a deposit on an AAVE slots site: 

  • Instant payouts: The biggest benefit of using crypto to play slots is instant payouts. The table at the top of this article lists the AAVE slots sites that payout the fastest
  • Customer support: Player support is important — it’s best to play on a slots site that offers live chat or fast email response times
  • Mobile versions: If you’re planning on playing mobile phone crypto slots, make sure the site you sign up for offers a mobile web compatible version or a smartphone app

How to Buy AAVE

AAVE is an altcoin, but it’s surprisingly easy to buy. If you own another cryptocurrency like Bitcoin, it’s possible to trade virtually any crypto for AAVE on most major cryptocurrency exchanges. If you don’t already have any other cryptocurrencies, AAVE is one of the few altcoins you can instantly purchase with a credit or debit card from specific exchanges.

Using a Visa or Mastercard credit or debit card to buy the AAVE you want to bet with can occasionally incur a small additional processing fee. Still, this fee comes with the convenience of eliminating the waiting time associated with funding an exchange account with a bank transfer.

Gemini offers direct AAVE purchases to users both inside and outside of the US. Here’s what you need to do:

  • Create an account on Gemini
  • Complete the ID verification process to enable instant card purchases
  • Link your Visa or Mastercard credit or debit card to your Gemini account
  • Instantly buy AAVE 
  • Send the AAVE to your chosen AAVE-compatible crypto casino

After completing these steps, your AAVE coins will be ready to withdraw.

Key Takeaways

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AAVE is one of the most successful decentralized finance platforms listed on most major cryptocurrency exchanges. Using AAVE to play slots provides players with the ability to eliminate intermediaries and bank transfers from the banking process, delivering instant access to their bankroll along with far higher deposit and withdrawal limits.

Other benefits of AAVE slots include higher betting limits and significantly better promotions and bonuses. A major advantage of AAVE is that in addition to use as a payment option, you can reinvest funds into the AAVE decentralized finance ecosystem until they are needed again. If you’re looking for a cryptocurrency that you can use for both DeFi applications and online slots, AAVE is one of the best options available.