Anonymity, privacy and security are the reasons Bitcoin is everyone’s favorite currency!
Bitcoin has our hearts! It has proven to be on the most widely accepted and trusted payment option for avid crypto-users. Sure, there is all this hype around the volatility of Bitcoin. But, it hasn’t stopped Bitcoin from dominating the crypto-verse.
People are falling in love with Bitcoin everyday and so are the merchants. There are countless services accepting Bitcoin payment method for rendering their products and services for their offline and online customers. If this doesn’t convince you to Bitcoin, then we don’t know what will!
The gambling industry joined the crypto-verse in a jiffy! Crypto’s are used a valid funding and withdrawal method. Gamblers all over the world can use different crypto’s for online betting. The online crypto-casino never seem to get old. They are still hip!
some top facts about gambling at bitcoin casinos, and what you should expect or consider while transferring your BTC to an online casino.
Bitcoin Payments All The Way
There is a huge number of casinos that support Bitcoin payments happily! Bitcoin is the most accepted method of payment at most online casinos. There are dedicated Bitcoin interfaces for the users to transfer their Bitcoin anonymously and secure channels.
Mobile web-based gambling is super popular between players and of course there is a rising number online Bitcoin Casinos that accept crypto as an exclusive option. If you’re into gambling and betting, a good way to figure out if the online casino is reliable is when they offer different variety of payment options from crypto to credit/debit card. It’s always a good idea to have your funding options open!
Fast, Secure and Anonymous AF!
Bitcoin payments are extremely secure and anonymous. The blockchain technology insures that all the crypto-transfers occurs without any third party involvements. Therefore, the transactions are speedy AF! All of these requisites are a great incentive for the adoption of crypto for casino payments.
Even though the cost factor can’t be ignored, Bitcoin does have a high transnational fee. Nonetheless, some casinos happily reimburse the fee while making a deposit. Perfect isn’t it?
Cryptos are extremely volatile! The underlying value of Bitcoin literally changes every second. But, shouldn’t stop you. Sure, if you’re using Bitcoin to fund your casino account there might be fluctuations in the Dollar account which corresponds to your casino wallet.
But, there is some good news! Some casinos happily protect your wallet balance from variations by simply converting your Bitcoin to Dollars, basically any preferred currency at the time of the deposit. While other casinos still allow you to gamble in Bitcoin. It doesn’t matter! The unknown value of the Bitcoin can indeed lead to an exciting journey!
There are several countries that have denied the people the fun of gambling. There are pretty strict anti-gambling laws that prevents the people from indulging in any type of gambling and betting activities. Civilians of these countries can’t make any payments to online casino websites through regular channels because it will be flagged by the authorities. It’s impossible to gamble online. That’s where Bitcoin saves the day!
Bitcoin payments are completely anonymous and there will be no trails left behind. Anyone from anywhere can use Bitcoins to gamble on their favorite online gambling website and the government will never ever know!