Players don’t need to be cryptocurrency experts or know exactly how they work in order to use them at online gambling sites. To play in bitcoins, they have to first find online casinos that accept bitcoin deposits.
Once they have registered at a bitcoin online casino, players have to create a bitcoin wallet. The next step is as simple as transferring bitcoins from one’s bitcoin wallet to the online casino gaming account.
Cryptocurrency Casinos vs. Traditional Casinos
Here is a list of five good reasons to prefer playing at bitcoin online casinos instead of traditional online casinos.
100% Safe and Secure: Bitcoin online casinos are 100% safe and secure because players don’t have to reveal their personal and financial information.
Complete Bankroll Control: In case of traditional casinos, players don’t really have control over their accounts. If online casinos suspect them of cheating, they can confiscate their money without explanation. This will never happen at a bitcoin online casino as players have complete control over their money.
Place Small Bets: Players can place really small bets at bitcoin online casinos and this helps them establish better control over their casino spending.
Provably Fair Games: Cryptocurrency online casinos offer provably fair games. The provably fair technology allows players to verify all their bets to ascertain that the games are truly fair and random.
Reliable: Since bitcoin online casinos do not require the human element for financial transaction, players can expect them to be truly reliable and free of fraud.
Game Selection
Since top-rated cryptocurrency online casinos have partnered with multiple game providers, players can look forward to thousands of slots, jackpot games, table games, and live dealer games from Net Entertainment, BetSoft Gaming, Amatic Industries, SoftSwiss, Belatra, Ezugi, and WebMoney.
Security and Safety of Cryptocurrency Casinos
Cryptocurrency online casinos use the latest encryption technology that meets the required industry standards. This means that players’ transactional details and personal information are completely safe.
The bitcoins that players deposit into their gaming accounts are stored in cold wallets that are kept isolated from online systems. Unlike traditional casinos, players don’t have to verify their gaming accounts before making deposits and withdrawals.
Top-rated bitcoin casinos allow players to introduce 2FA to their accounts by downloading Google’s authenticator app to their mobile devices. This adds an extra layer of security to players’ accounts as they will have to input a code in addition to their regular login details before they can be allowed to play.
Future of Online Gambling with Cryptocurrencies
Currently, bitcoin is not regulated by any financial institution, bank, or government. It is a young industry that has still not been properly understood by a huge percentage of the online gambling popularity. But it has a great potential for growth. The number of online casinos offering bitcoin as a payment option will definitely rise considering the fact that it is fast, safe, secure, hassle free, anonymous, and convenient.
SHOW MORESHOW MORESHOW LESS
