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Bitcoin Casinos – The Future of Online Gambling

Bitcoin is a popular and preferably the most expensive cryptocurrency in the world and can now be used by punters to fund their gaming adventure in a bitcoin casino found at sites like best-bitcoin-casinos.com. Over the last decades, the growth experienced in the gambling industry has been immeasurable, especially regarding payment transactions. Payment solutions have grown from cages to bank transfers, e-wallets such as Skrill, down to bitcoin. 

The introduction of crypto into online gaming brings a much-needed timely solution. Delays in real money transactions could drain the morale of the users. Payments could now be routed via cryptocurrencies like bitcoin, litecoin, DOGE, etc. Today, a couple of bitcoin casinos exist with payments only in bitcoin. However, others have both options available for players.

To meet this demand, their traditional counterparts have added payments via bitcoin to their list of banking methods. This is because customers have begun migrating to bitcoin casinos, seeing it offers speedy, safe and secured real-time money transactions. This review will take a detailed look into how this new payment method and the gambling sites accepting it are venturing into the future of the online gambling market.

What are Bitcoin Casinos?

Bitcoin casinos are gambling sites where monetary transactions can be made with cryptocurrency. Instead of the usual traditional fiat currency, punters can fund their gaming adventure using bitcoin. However, some of these casinos still authorize payment using fiat currencies. Bitcoin casinos offer punters anonymity and total control compared to their traditional counterparts and are also designed to be the safest means of gambling online.

Simple Registration Process on Bitcoin Casinos 

You must create an account to explore and enjoy iGaming products on most bitcoin sites. This process is seamless and takes a few minutes, depending on how quickly you fill in your details. Here are simple steps to get your account:

  • Visit the preferred gambling sites
  • Select the “Sign Up” or “Register” button located mostly at the top side of the homepage.
  • Choose a unique username and password.
  • Fill in your email address in the box provided
  • In the boxes, provide your date of birth, telephone, nationality, and gender.
  • Read through the terms and conditions and tick the box below indicating you have done that.
  • Click the “Submit” or “Create Account” button.

Once you have completed the registration phases, you can go ahead to initiate a deposit. To play real money games, you need some funds to begin. Visit the cashier section on your preferred gambling site and select payment via bitcoin. A blockchain address would pop up; copy the address and proceed to make payment. Not to mention, your deposit would be confirmed almost immediately.

Safe, Fast, and Easy-Peasy Transactions

Payment transactions in traditional casinos are subject to waiting periods. For instance, deposits and withdrawal transactions via bank transfers, cheques, and e-wallets take a few business days to be completed. Why wait that long when there is an alternative? This is where bitcoin casinos come in, offering instantaneous deposits and withdrawal of funds. In addition, BTC casinos, unlike their traditional counterparts, are decentralized.

Monetary transactions are not cleared by any bank authority and are completed seconds after they are initiated. Therefore, money transactions on bitcoin gambling sites are safe. Transactions are made on a blockchain network which uses cryptography to guarantee a secured and authentic exchange. However, do not make any transfer to a wallet that you are not certain about.

Unique Bonuses for Users

Bonuses are incentives used by gambling sites to lure in newbies and to keep regulars gaming. This is one of the oldest tricks in the gambling industry, and Bitcoin casinos are no stranger to it. However, bitcoin sites are more generous with their offers. With these huge offers, players can kick start their gaming adventure, exploring all products that the preferred btc casino offers.

Some remarkable bitcoin bonuses include welcome, reload, cashback, free spins, etc. The cashback is a great chance to take some crumbs out of any losses. You can activate these offers with a minimum deposit. You should not ignore these bonuses, explore and enjoy more with them.

Exciting Game Catalogs on Bitcoin Casinos

The game library is usually the first place any serious gambler looks out for before signing up. Bitcoin casinos host quite an impressive number of titles from top software providers. Essentially, they partner with the best software studios such as Evolution Gaming, NetEnt, Big Time Gaming, Microgaming, and Pragmatic Play, to provide the best titles to their numerous users.

These games cut across slots, table games, jackpots, live casinos, poker, etc. Exclusive bitcoin games such as crypto dice are one perk of bitcoin casinos that you won’t come across on traditional websites. Crypto Dice is a game that tests how good you are with the dice.

Worldwide Acceptance and Anonymity

Bitcoin is decentralized. This is one feature you would also find with btc casinos. The decentralized nature creates a pathway for users across the globe to fund their accounts and play real money games. The need for currency exchange does not come up because payments are not made using national currencies.

However, ensure you find out your country’s stand on bitcoin and if your preferred casino is legal. You also need to know the consequences of frequenting these sites in your country to avoid legal action. The Know Your Customer (KYC) is needed by most bitcoin casinos. Valid government-issued documentation such as passport, ID card, driver’s license, proof of home address, and proof of income can be used to complete the process. However, some sites do not require this verification phase.

Let’s Sum it Up

The perks of gaming with a bitcoin casino are numerous. Players enjoy anonymity, control, security, and speedy transactions while getting high-quality entertainment and promotions. Essentially, bitcoin casinos solve the many gambling issues that have limited their traditional counterparts. This is why we can say they are here to stay and have become the future of online gambling.

Knowproz is part of Future plc, an international media group and leading digital publisher.

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