Discover the real advantages of cryptocurrency casino for online gambling fans and why more and more players are looking to use Bitcoin for their real money gaming.
Benefits of Playing at Bitcoin and other Cryptocurrency Casinos
When it comes to online gambling, the main reason people play the games is to win money. The introduction of cryptocurrency and the value of bitcoin as a payment method at many top online casinos has led to a lot of benefits for players. In this post, we are exploring the real advantages of cryptocurrency casinos and what the best ones to play at are.
Main Benefits of Using Cryptocurrency at Online Casinos
In the past year we have seen a lot of articles stating that online gambling fans shouldn’t use real currencies to play at online casinos and there are a number of excellent reasons why we agree with them. Below you will find our top benefits to using Bitcoin and other cryptocurrencies at online casinos.
- Bigger Bonuses and Promotions: Another advantage to using bitcoin and cryptocurrency casinos is bigger bonuses. Most online casinos offer a 100% match bonus up to a couple of hundred dollars on your first deposit but with Bitcoin, you can get more. The 100% match bonus is up to at least 1BTC and there are some bitcoin casinos that offer up to 5BTC. Players will often find payment method bonuses too as well as free spins, cashback and more and some of the best bitcoin bonuses can be found at Yukon Gold Casino and we recommend you read more Yukon Gold Casino reviews to see the current bitcoin bonuses and promotions available.
- Privacy: Bitcoin launched back in 2009 and the main purpose for this Cryptocurrency was to make online transactions faster and more private. Bitcoin and other cryptocurrencies are decentralized which mean that they are not governed by a bank and no one has jurisdiction over the transactions that are carried out using it. What this essentially means is that your details are anonymous and not visible anywhere. When playing at online casinos you just have to provide the address of your cryptocurrency wallet for depositing and withdrawing your winnings. It keeps your financial data safe and secure and, in a world, where hacking is rife, this is a big benefit to casino players. Anonymity is a huge advantage and the only information provided to online casinos is the wallet address and the digital currency that is transferred.
- Fast Transactions: Transaction times are minimal and while some casino transactions can take up to 3 working days, Bitcoin withdrawals are often instant. Each transaction is carried out as soon as the current block of the blockchain has processed so your casino withdrawal can take from 10 minutes up to a few hours once the casino has processed your cashout request.
- Security: If you use bitcoin or another cryptocurrency as your payment method at online casinos you won’t be asked to provide your personal information. All you will