If you have tried playing at an online casino, you will agree this is a revolutionary phase in gambling. Online gambling platforms are not only convenient but also allow you to play on the go. With more sophisticated gaming software, most casinos now have live dealer games to create an authentic casinos experience.
Playing at an online casino also gives you access to a large number of exciting games which translates to more thrill and winnings. Little wonder then that the size of the global online gambling market will double by 2024.
The Bitcoin Casino Revolution
But it now gets even better; the arrival of cryptocurrency in online gambling promises to overhaul the industry. For players, this is great news as new technology always makes things easier and affordable.
Bitcoin is the most popular cryptocurrency with a 70% market share. This dominant market position has seen more online casinos now accepting Bitcoins on their platforms. If you love online gambling, it is time to explore how cryptocurrency can improve your casino experience.
The Basics
Cryptocurrency is a means of exchange and also a store of value accepted online. This means people use cryptocurrency to buy and sell but without any central bank control.
Bitcoin, for instance, is a peer-to-peer digital currency which uses blockchain technology. While this digital currency is predominantly available online, you can exchange it for fiat currencies like the US dollar or Euro.
The online gambling industry has lately leveraged advanced technology to improve transparency, boost security and anonymity. Bitcoin and other cryptocurrencies have thus dovetailed into online casinos’ needs.
It is a marriage of convenience where the player can transact easily with Bitcoins. On the other hand, online casinos will not have to go through a third party to approve transactions. Bitcoins thus help online casinos improve their user experience (UX).
If you like the thrill of an online casino, playing at a Bitcoin casino offers you a unique range of benefits, including:
- Anonymity: Once you create a Bitcoin wallet, you will never have to reveal any personal details to the casino. Every Bitcoin user has a unique address, and this is all that the user and casino need for transactions.
- Bonuses and promotions: The best Bitcoin gaming platforms offer incredible offers on deposits. For instance, you can get a first deposit bonus of 100% up to 1.5 BTC and 100 free spins.
- Cost-savings: Transactions fees at a normal online casino eat into your winnings, and this feels unfair. At a Bitcoin casino, transactions fees are non-existent or negligible.
- Speed: One thing that every player hates is the slow fund deposit and withdrawal process. At a Bitcoin casino, there’s no third-party approving the process thus making transactions faster.
- Widest range of games: Most gaming houses offer thousands of casinos games and provably fair games. You can find more about these awesome games from bitcasino.io blog.
- Security: There’s less risk of hacking when using Bitcoins and if you keep your wallet well secured, you will always enjoy peace of mind when playing.
Getting started at a Bitcoin Casino
Ready to start playing using Bitcoins? It is easy, and this is one of the best decisions you could have made. Here you go:
- Create a Bitcoin wallet: This is where you will store your Bitcoins, and different companies offer this service. In this wallet, you will store your private and public keys. It is possible to see all your Bitcoin transactions on the blockchain. Consider security and ease of use when choosing a Bitcoin wallet.
- Identify the best Bitcoin gambling house: You can choose an exclusively Bitcoin casino or a hybrid one. Whatever your choice, remember to check reputation, experience, licensing, reviews and reliability of software used by the online casino.
- Start playing: You can buy Bitcoin using dollars or other currencies to load your wallet. From here, you can transfer Bitcoins to the Bitcoin casino to start playing.
Wrapping Up
It is safer, secure, and the transactions are faster. Playing at a Bitcoin casino is a smart move to upgrade your online gaming experience. You have a wider range of games to choose from, and the bonuses are irresistible.