As Bitcoin continues to break barriers around the world, thousands of people that are open to the idea of using this cryptocurrency as a payment method join its network. After all, Bitcoin has tons of advantages over regular payment methods. Some of them are faster and more secure transactions and security. Not only that, but they are able to save money by escaping various added fees imposed by banks and/or governments.
Numerous businesses have also started to accept Bitcoin as a payment method, with online casinos being one of the strongest advocates. Since casino sites are online operators that deal with payments from all around the world, and Bitcoin is a digital currency that is used for all types of online transactions, it is easy to conclude why online casinos are fond of it.
Speaking on that note, we decided to name a few reasons as to why should you use Bitcoin as a payment method when you register at an online casino site.
Access to Unique Games
Every reputable online casino features several categories of games that are created by some of the world’s greatest game provides. That includes EvoPlay, Spinomenal, Playson, Play’n GO, Habanero, and many more. These games feature HD graphics and fast gameplay which are the perfect recipe for a unique gaming experience.
After registering and selecting Bitcoin as a payment method, you can play slots with Bitcoin, table games, video poker, and in some cases – special Bitcoin games. Yes, some online casinos feature games that can only be accessed by making a deposit with Bitcoin. They have numerous great in-game bonuses and are extremely fun to play.
When using regular payment methods such as credit/debit cards, players are provided with instant transactions, but not instant withdrawals. These methods usually have a processing time that can last up to 7 business days. Bitcoin is far superior in this sphere.
As mentioned earlier, Bitcoin is a cryptocurrency, hence it is fully optimized for these types of transactions. By using it as a payment method, players will be provided with instant deposits and instant withdrawals. This is a massive benefit since there are not a lot of payment methods with whom players will have instant withdrawals.
Yes, e-wallets do provide players with instant withdrawals, but there is a catch. In most cases, online casinos do not consider deposits with e-wallets such as Skrill or Neteller as eligible for claiming bonuses. That means, even players deposit the minimum required amount for a certain bonus, they will still not get it as these two methods are ‘blacklisted’. Not only that, but some online casinos even charge fees when making deposits and/or withdrawals with them.
Bitcoin is the total opposite. Once they deposit money with Bitcoin at a crypto casino or any other online casino, players will gain access to all of the bonuses and promotions at the site. Not only that, but they will also avoid the second con of e-wallets and the next topic of conversation – no fees.
No Fees Applied
Bitcoin is a highly decentralized and self-sustainable cryptocurrency. That means that it is not regulated from one centre but by all its users. The fact that no bank has power over it is a massive advantage as users can avoid all unnecessary fees. The same applies to casino sites and specific Bitcoin casinos. When players use Bitcoin as a payment method, they will not be charged any fees.
Greater Level Of Security
Finally, Bitcoin is arguably the safest payment method that you can use and here’s why. Players are allowed to register under an alias at online casinos. That is a huge benefit since they get a certain level of anonymity, which ultimately increases their overall security.
Bitcoin gives extra anonymity to the players and increases their online security even more. How? This cryptocurrency uses a method called cryptology (or also known as cryptography). This method uses codes as a means of communication and masks the real information that is being transferred. In doing so, it provides users with anonymity.
So, combined anonymity from casino sites and Bitcoin itself create the perfect recipe for the best online security. The double protection is the reason why every online Bitcoin casino is well-respected!