Bitcoin has several advantages if you choose to use it to play in your favourite online casino. It’s anonymous, it has no direct link to your personal bank account, and bettors get access to additional promos and bonuses when you choose this payment method.
In this article, we discuss the top two online casinos that use Bitcoin and how beneficial this method is. The recommended casinos are Fun Casino and NoBonus Casino.
Bitcoin is a novel currency that doesn’t depend on banks. In addition, it has no physical currency attached to it. It’s a cryptocurrency or decentralized virtual currency used by several people and companies across the globe.
Bitcoin casino transactions usually have faster processing speeds in addition to lesser fees when compared to other online payment methods. The reason is that they don’t go through investment companies and banks who charge extra fees.
Using Bitcoin when betting online shields your identity and permits you to withdraw and deposit funds anonymously. There is no sharing of any personal and banking data to make financial transactions.
Also, there are now tons of online Bitcoin casinos that accept this method, with each one offering a distinctive portfolio of gambling titles like online slots and roulette to these crypto savvy customers.
Bitcoin is a seamless payment method to use, especially through a mobile app. Before you are allowed to deposit your crypto into a casino account, you need to own some cryptocurrency. To do this is quite straightforward:
Register for a crypto wallet of your bidding. Go to the official website of Bitcoin – Bitcoin.org and download the free client. This is used for storing your Bitcoin.
You can choose to buy from traders, or you can mine them directly.
Once you have it in your wallet, you can use it in your online Bitcoin casino to start betting as you please.
Due to its nature, Bitcoin is apparently the safest payment method you can find. There are no links to banks, personal names, bank accounts, or any private data that could be used to trace your identity or a malicious hacker to exploit such data for fraudulent purposes.
All Bitcoin transactions are highly encrypted and digital. During the process of transaction, several verifications are done to make sure that the process is going without hitches.
Casino transactions using Bitcoin are almost untraceable and very secure. This makes them virtually the best way to withdraw or pay real money betting accounts.