Bet funding is always a primary concern for online gamblers in the Philippines, but cryptocurrency has made the process easier than ever. One of the newest crypto gambling options is Chainlink (LINK), and there are several excellent Philippine online casinos that accept Chainlink deposits and withdrawals for your convenience. It has quickly become a preferred option for Philippine casino deposits and payouts.
When you gamble online with Chainlink, you’ll receive a number of benefits over traditional casino banking options. You’ll be able to make rapid deposits that can never be interrupted or declined, you’ll get access to enhanced online casino bonuses, and you can claim same-day payouts when you win. To help you get started, we’ve put together this little chain letter to explain everything about Chainlink.
Is Chainlink Legal In The Philippines?
Yes! You can legally and safely use Chainlink to play real-money online casino games in the Philippines. LINK itself is a fully legal crypto currency for Philippine gamblers, and there are no Philippine gambling laws barring the use of alternative bet funding methods like crypto coins.
Are Chainlink Casinos Legal In The Philippines?
Absolutely. Just as LINK is legal to use in the islands, all the trusted online gambling sites we recommend are fully authorized for access by Filipino players. The only rule is that you must abide by each site’s legal minimum membership age. This is typically 18 and up, though a handful of PH Internet casinos make their minimum age to play 21 years old.
What Is Chainlink?
Chainlink (ticker symbol LINK) is a cryptocurrency platform that serves as an Ethereum oracle node. The specifics of how the Chainlink node works are very technical in nature, and for Filipino casino gamblers, they’re largely TMI. For the purposes of online gambling, all you really need to know is that Chainlink works like all other crypto coins to facilitate fast, easy online casino deposits and allow for same-day casino payouts.
For some very basic background, LINK was launched on the ETH blockchain in 2019, can work with multiple other blockchain networks, emphasizes security via “tamper-proof data,” and is the 16th most popular crypto in the world as of Q4 2021 per the Chainlink CoinMarketCap aggregator.
The current Chainlink price is around $27 per coin, while the Chainlink forecast predicts each coin will be worth upwards of $80 by 2025 and $100 by 2030. However, even if these Chainlink price predictions are low (and we believe they’re very low), the gains still represent an incredible investment opportunity for Philippine gamblers.
If you’d like Chainlink explained in greater detail, there are numerous online guides to help you understand the intricacies of the platform.
How To Use Chainlink At Legal Online Philippine Casinos
Now that you have your Chainlink and can freely send LINK off-platform to your legal Philippine casino website of choice, the process to do so is identical at all reputable operators who support the crypto asset. Here’s the process from start to finish:
- Follow any link on this page to a legal, trusted PH online gambling site and click or tap the “Sign Up” or “Join” button.
- Enter in all required personal information, taking care to use verifiable data. Just as the best Chainlink Philippine exchanges use KYC protocols, so too do the best Chainlink Philippine casinos.
- Select Chainlink from your site’s cryptocurrency banking menu, and select an optional deposit bonus.
- Copy down your site’s “Chainlink sending address.”
- Open your Chainlink exchange account or LINK wallet and choose the “Send” option.
- Paste the above Chainlink address into the requisite field, enter in the amount of LINK you want to deposit, and submit the form.
- Your Chainlink casino deposit will be credited to your account in 10-15 minutes on average.
For Chainlink gambling withdrawals, the process is similarly simple. And remember, you don’t have to deposit with Chainlink to withdraw in Chainlink. You can pull out your online casino winnings in LINK regardless of deposit method used, and you’ll get same-day payouts in as little as 1-2 hours. No other banking method besides crypto allows for same-day online gambling payouts.
Here’s how to collect when you’re ready:
- Visit your site’s cashier page and choose the “Withdraw” option.
- Select Chainlink from the crypto withdrawal submenu.
- Open your crypto exchange account or private LINK wallet and select the “Receive” option.
- Copy down your “Chainlink receiving address.”
- Paste the above address into the appropriate field at the casino cashier withdrawal page.
- Enter in the amount of your eligible account balance you’d like to pull out.
- Submit the request!
As with buying crypto and making crypto deposits, you want to claim crypto payouts when the coin in question is trading at or near its weekly or monthly low. This gives you more coins for your money, and it allows you to capitalize on the value growth of those coins when the Chainlink price goes up.
Philippines Online Casino Chainlink Crypto Bonuses
Whenever you gamble with Chainlink, you can take advantage of increased online casino promotions. These casino promos are usually worth 200-300% more than standard online gambling bonuses, as all the best-reviewed Philippines casinos prefer their customers to use crypto for bet funding.
It’s easier for them, and it’s more valuable for you. That’s a win-win, and it’s something all Filipino gamblers need to consider when choosing their means of deposit.
In general, you’ll get access to all the following Chainlink bonuses:
- Chainlink Online Casino Sign-Up Bonuses
- Chainlink Online Casino Reload Bonuses
- Chainlink Online Casino Weekly Game Bonuses
- Chainlink Online Casino Refer-A-Friend Bonuses
- Chainlink Online Casino No-Deposit Bonuses
Please note that all bonuses come with rollover requirements, aka playthrough requirements. That said, these are reasonable and easy to meet at all the online Philippine casinos reviewed here.
Best of all, even though crypto bonuses give you more free spins, free coins, and free plays, they don’t come with much larger wagering requirements than standard bonus offers. We recommend all players accept online gambling promos whenever they’re offered.
Chainlink Gambling FAQs
Is Chainlink a scam?
Unless you’re the type of person who thinks all crypto is a scam, you have nothing to fear about the legitimacy of the LINK token.
There is no Chainlink scam out there, as this particular blockchain platform is reputable and highly regarded in the crypto community.
What does Chainlink do?
Chainlink does a number of things to facilitate smart contract implementation and distribution on the Ethereum blockchain, but that’s not important for online casino gamblers.
For this audience, Chainlink does what all cryptos do:
It gives players a highly secure, guaranteed deposit option, allows for increased bonuses, and makes online casino instant payouts a reality.
Should I buy Chainlink for online gambling?
Yes, of course!
However, you shouldn’t necessarily limit yourself to Chainlink.
The best reason to gamble with LINK is to take advantage of LINK payouts when the Chainlink value rises. That said, all cryptos carry this potential, and you should use the one that best suits your needs and interests outside of gambling.
The top PH casinos online accept the following cryptos:
- Chainlink (LINK)
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Litecoin (LTC)
- Ethereum (ETH)
- Ripple (XRP)
- Stellar (XLM)
- Cardano (ADA)
- Dogecoin (DOGE)
- USD Coin (USDC)
- Tether (USDT)
Where can I buy Chainlink for quick online bet funding?
We explain how to buy Chainlink cryptocurrency in greater detail above. However, the short version is this:
You can buy the LINK cryptocurrency at any major online Philippines crypto exchange (Binance, Coinbase, Coinbase Pro, CEX.io, Coinmama, eToro, BitPanda, etc.).
Is Chainlink a good investment for Philippine gamblers?
If you follow the Chainlink news, you’ll see that the asset has experienced tremendous growth over the last year, rising 200% in value since late 2020.
This trend should continue upward over time, making LINK a good investment for both medium-term and long-term holders.
Is Chainlink worth investing in for non-gamblers?
For more on how to invest in Chainlink (beyond just buying the stuff), there are a number of deep-dive articles online discussing crypto investment strategies, Chainlink benefits within the crypto community, and so on.
Will Chainlink go up?
While various Chainlink projections indicate a series of dips in the short term, the longer Chainlink forecast shows that it’s expected to double, triple, or even quadruple in value within the next few years.
As of late 2021, the Chainlink market cap is over $12.3 billion, and it’s sure to be even bigger by the time you read this.
How much will Chainlink be worth in the future?
Chainlink’s value is pegged to approach or exceed $100 per coin by 2030, but we think it will reach that threshold much sooner.
Why is Chainlink going up?
If you see the Chainlink current price spike more than usual, you don’t have to tune into the Chainlink coin news to understand why.
Almost always, whenever LINK goes up, it’s because the entire market is surging.
More specifically, if you look at the Chainlink chart history, you’ll see the price moves more or less in line with the Ethereum price (which makes sense, given that Chainlink is built on Ether).
What is the best Chainlink wallet for online gambling in the Philippines?
It’s important that you understand how to store Chainlink safely and securely once you buy in.
The best thing to do – especially when you need to make quick online gambling withdrawals regularly – is to use a private Chainlink software wallet or Chainlink mobile wallet.
These include Atomic Wallet and Exodus Wallet, among others.
Both Atomic and Exodus are available for iPhone and Android, and both give you sole custody of your Chainlink keys.
If you want an added layer of security, you can opt for a Chainlink hardware wallet (i.e. Ledger Nano S, Trezor One, etc.), though these add a bit of time and effort to typical online Philippine gambling deposits.
We do not recommend using Chainlink paper wallets.
Please only download Chainlink software wallets or buy LINK hardware wallets from their respective official online storefronts. Never download or purchase crypto wallets from third-party sites or stores.