The Yearn Finance (YFI) token is notable for being the only cryptocurrency to ever exceed the value of Bitcoin, primarily due to its relative scarcity. The Yearn Finance network is quite unique when compared to Bitcoin – Yearn Finance coins are limited to just 40,000, which significantly increases the demand for YFI, making it an extremely valuable cryptocurrency for blackjack.

With that being said, here’s everything you need to know to start playing blackjack with Yearn Finance tokens!

Best YFI Bonuses and Promotions

Yearn Finance Live Dealer Blackjack

The house edge in blackjack is one of the lowest of all the casino games. Due to this, most casinos will either not offer any promo at all, or they’ll make the rollover requirements so high that qualifying your bonuses becomes difficult. This is something to be aware of if you’re hunting big bonuses for YFI.

It’s important to note that the first deposit you make will be the best bonus you ever receive, so be mindful not to gamble more than you can afford to lose. A plus with depositing with crypto is that it’s easy to get money in and out quickly, rather than taking days and/or weeks with fiat currency — in this case, it’s worth making a larger first deposit to maximize the bonus.

The new player promos and bonuses you may find offered by Yearn Finance blackjack sites can include:

  • Matched deposit bonuses are for new players or new accounts. In most cases, these promos offer a 100% matched percentage of the first deposit made by a player. A $500 deposit made on a platform that offers a 100% matched deposit bonus, for example, will provide a new player with an additional $500 in bonus cash to play with
  • Freerolls are for tournament pots or leaderboard challenges
  • Reload bonuses are for making regular or ongoing deposits. These bonuses are for second and third deposit bonuses
  • Jackpots for special events

It’s also possible to find special promotions by redeeming bonus codes. While VIP programs all follow a similar tiered format, some provide freerolls, bonus cash, and other attractive benefits more regularly than others. 

How to Deposit YFI to Blackjack Sites

YFI transactions process in the same way as Bitcoin or Ethereum transactions. All you’ll need to send Yearn Finance tokens to a blackjack site is the site’s wallet address. You can find this within the ‘Banking,’ ‘Cashier,’ or ‘Wallet’ section of the site.

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

First, start a new transaction from within your wallet or exchange to make the deposit. Then, copy and paste the site’s wallet address into the destination field along with the amount you would like to deposit.

Ensure that the wallet address you are depositing to is made specifically for receiving Yearn Finance tokens. If you deposit a coin into an incompatible wallet, such as sending YFI to a Bitcoin address, you will permanently lose funds.

Most crypto blackjack sites usually won’t set a minimum deposit. Otherwise, there is sometimes a required minimum deposit needed in order to access welcome bonuses or promos; these will usually range between $10 and $50. Most casinos and blackjack sites won’t charge deposit fees either; you’re more likely to see fees charged to you from your exchange for gas fees or other exchange fees.

How to Withdraw Yearn Finance Tokens

Yearn Finance Blackjack

Withdrawing YFI from a crypto blackjack site is similar to making a deposit – all you’ll need is a wallet to withdraw your funds. When you make a withdrawal request to your crypto blackjack site, you’ll need to provide this address to receive the payment. You can find your wallet address by starting a new transaction within your wallet or exchange and clicking ‘receive.’

To make the withdrawal, copy and paste your wallet address into the section provided by the blackjack site, along with the amount you would like to withdraw.

Even though crypto transactions are known to process rather quickly, some sites may opt to put a hold on your withdrawal request intentionally. For example, some sites may do this in order to convert the necessary funds from other cryptocurrencies if the withdrawal request is for a large amount or happens frequently, or it may be on hold until the user provides security information like KYC or other identification. In any case, these holds won’t last more than 24 hours.

If you’d prefer to store your Yearn Finance coins for future investments, it’s best to store them in a secure cryptocurrency wallet rather than leave them on a live hosted cryptocurrency wallet such as an exchange.

How to Play Blackjack With Yearn Finance

The basic user interfaces of crypto blackjack sites that accept Yearn Finance are the same as traditional sites. Rules and formats are also very similar. The most important difference between crypto and traditional blackjack is higher stakes, higher withdrawal limits, and instant withdrawals. 

Some of the formats available through Yearn Finance blackjack sites include:

  • European blackjack
  • Live blackjack
  • Multi-table blackjack
  • Multi-hand blackjack
  • American blackjack
  • Blackjack Low
  • Blackjack VIP
  • 21 Burn Blackjack
  • Blackjack 2
  • Blackjack Lucky Sevens
  • Super 7 Blackjack

If you are playing on a decentralized blackjack site, you might be able to take advantage of provably fair card shuffling. This is when a blackjack site utilizes the player’s blockchain data to run random number generator (RNG) software. By using the data for this purpose, the cards dealt out by the program will be truly random with no biases towards any player. These are also virtually immune to malicious third parties. Furthermore, since these programs are open-source, players can view the code that runs them and verify their odds.

Using Yearn Finance to Play Blackjack Online: What You Need to Know

Yearn Finance Blackjack Bonuses and Promotions

There are a few additional notes to consider when using Yearn Finance tokens for online transactions. Knowing about these factors will help you keep your funds and personal information safe. These include: 

  • Anonymity: Yearn Finance is not a completely private or anonymous cryptocurrency like Monero (XMR). If you complete the ID verification process on a crypto exchange and then send YFI transactions from that account, your transactions will be traceable to your ID
  • Transaction fees: The Yearn Finance Coin operates on the Ethereum network as an ERC-20 token, which means gas funds the transactions. During heavy load on the Ethereum network, Gas prices can increase dramatically. It’s best to check transaction fees before sending Yearn Finance tokens to or from a crypto blackjack site
  • Security: Like any other cryptocurrency, Yearn Finance transactions are irreversible. It’s important to follow cryptocurrency security best practices when using YFI to play blackjack, such as enabling two-factor authentication wherever possible and only playing on recommended, trustworthy blackjack sites

Choosing the Best Yearn Finance Blackjack Site

Using Yearn Finance to play blackjack provides blackjack players with a range of unique advantages. The price of Yearn Finance is typically very high — in Q2 2021, the price of a single YFI coin reached almost $100,000. This creates a high demand for YFI, making it extremely easy to trade YFI blackjack winnings for cash or other cryptocurrencies.

Importantly, it’s not necessary to trade or send entire Yearn Finance coins. Like Bitcoin, YFI is divisible, so users can send a small fraction of a single YFI coin. In addition, the Yearn Finance coin is an ERC-20 coin, which means it operates just as fast as Ethereum. Using YFI, it’s possible to make instant withdrawals from cryptocurrency blackjack sites that are complete in just 20 to 25 minutes. 

In addition to offering deep liquidity in trading markets and fast transactions, Yearn Finance offers other advantages to blackjack players. For example, crypto blackjack sites typically offer higher deposit and withdrawal limits when compared to traditional sites, as well as significantly more competitive and generous bonuses and promotions.

Coin Clarity ranks these sites on their safety, payout speed, site security, player reviews, and reputation. The table at the top of this article provides a regularly updated list of the most reliable and safest Yearn Finance blackjack sites. 

Different crypto blackjack sites offer different benefits, payout speeds, tournament schedules, and formats. So it’s important to consider whether the site you’re going to sign up for offers the action you’re looking for – if you prefer live blackjack, for example, it’s best to make sure it’s available before you make a deposit and start playing.

Check for these features before you sign up for a Yearn Finance blackjack site:

  • Mobile versions: If you want to play blackjack with Yearn FInance on your phone, you’ll need to make sure the site you sign up for offers a dedicated mobile app or a mobile web version of the site
  • Customer support: The best cryptocurrency blackjack sites offer live chat support alongside email support and, in some cases, phone support
  • Tournaments and action: Some sites offer different tournament schedules than others. Check the tournament schedule of a site before you sign up
  • Payout speed: It’s important to only blackjack on sites that offer instant withdrawals of Yearn Finance. Check the table at the top of this article for a list of the best YFI blackjack sites that payout the fastest

How to Buy Yearn Finance

Where to Play Yearn FInance Blackjack

The best way to buy Yearn Finance will vary depending on how fast you want to access your YFI and where you live. Most exchanges list YFI, making it possible to trade any cryptocurrency for Yearn Finance in just a few seconds.

If you don’t already have cryptocurrency, you can trade for YFI; however, you’ll need to create an account on an exchange that lists Yearn Finance. It’s possible to fund an exchange account with a bank transfer in most cases. Still, this process can take several days — if you’d rather not wait to buy YFI, it’s possible to buy Yearn Finance instantly with a credit or debit card by purchasing another crypto such as Bitcoin first.

By first buying Bitcoin from an exchange that offers instant card purchases, you can then send it to an exchange that offers YFI/BTC trading pairs and instantly exchange it for Yearn Finance. The basic steps in this process are as follows:

  • Create a new account on an exchange that offers instant card purchases of Bitcoin like Gemini or Binance US
  • Complete the ID and KYC verification process
  • Link your credit or debit card to your exchange account and buy Bitcoin instantly
  • Trade Bitcoin for YFI on a BTC/YFI pairing on a trusted exchange

From here, you’re ready to send your YFI to a blackjack site and start playing.

Key Takeaways

While the total number of Yearn Finance coins is limited to just 40,000, it’s possible to send fractions of a YFI coin, the same as any other cryptocurrency. This makes it possible to deposit YFI on cryptocurrency blackjack sites and use it as a withdrawal method.

Using Yearn Finance to play blackjack provides players with advantages that include instant withdrawals, extreme ease in trading YFI winnings for cash, higher withdrawal limits, higher stakes, and better bonuses and promotions. So if you’re looking for a valuable ERC-20 token for blackjack, Yearn Finance is one of the best options available.