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If you have not tried depositing into any of the Bitcoin casinos yet, you are surely missing out! This innovative bridge to technology connects thrill seekers with their favourite casino games right from the comfort of their own home. Players will have instant access to their favourite casino games as well as hundreds of other choices right at their fingertips, through websites that allow them to play real money games.
Much like with land-based casinos, players will have the ability to hit it big all while sitting in front of their home computer or playing from their favourite mobile device. Now with the implementation of Bitcoin as a deposit method, players from around the world can access their favourite casino and receive their winnings almost instantly. There are several reasons to choose Bitcoin accepting casinos. Below are just a few:
Much like with land based casinos, players will have the ability to hit it big all while sitting in front of their home computer or playing from their favourite mobile device. Now with the implementation of Bitcoin as a deposit method, players from around the world can access their favourite casino and receive their winnings almost instantly. There are several reasons to choose a Bitcoin casino, below are just a few:
Bitcoin is recognised and accepted worldwide. Not only can you use this form of cryptocurrency to fund your online casino account, but a growing number of merchants big and small are now accepting bitcoin as their preferred method of payment. Bitcoin by design can be completely anonymous, and does not require a third-party financial institution to process payments. Because of this small but important detail, the company does not need to abide by the same regulations that your typical banking institution. This offers more flexibility as to what players can do with their funds.
How to Use Bitcoin Money
While this technology has been around since 2009, it has only recently begun to attract the attention of the general public and larger companies are starting to take notice. Recently several online casino brands have started accepting Bitcoin as a deposit method. Some of the most popular online casinos, in fact, have joined the bitcoin movement. Some of the most trustworthy ones are; Betchain, Bodog, Omni Slots and LimoPlay. Each of the casinos is different but still accept Bitcoin as the premier deposit option choice for players.
Reputation of Bitcoin Money
Since the official launch of Bitcoin, its reputation and public acceptance within the Bitcoin community has grown tremendously. Another advantage of using Bitcoin is that many casinos will allow players to receive their winnings at a minimum of just $10, in under an hour and without restrictions. In addition to minimal withdrawal limits, there is no need to provide personal information in order to receive payment.
How to Register for a Bitcoin Casino
Using Bitcoin to fund your favourite online casino is easy, secure and often much more convenient than traditional funding. Players will simply sign up for the Bitcoin casinos of their preference, then initiate an online transfer from their Bitcoin wallet to the online casino. Players can find full and detailed instructions in the cashier area when making the deposit.
With companies such as Overstock, Dell and Microsoft now accepting bitcoin, it was only a matter of time before the gambling industry took notice. As of this writing Bitcoin currently, has a market capitalization of over ten billion US dollars, and is rapidly growing in popularity. So we strongly expect a sharp increase in the number of Bitcoin casinos.
Bitcoin Casino – What’s the Catch?
Bitcoin Casino sites allow literally everyone to experience the excitement offered by online casinos. They are still very similar to how standard online casinos work. The only difference is the currency used and the way it is handled. If you are interested in trying bitcoin casinos, a wide variety of different bitcoin casinos is already available online. However, just like in standard online gambling, not every bitcoin or BTC gambling site is reliable. Some are just better or worse than others.
But, don’t be intimidated by the idea of bitcoin gambling. Basically, it’s just a regular online casino but with a different currency. Instead of using dollars or other currency transacted through credit cards or online payment facilities, bitcoins are used.
The most important thing is getting a bitcoin wallet. There are three different kinds of bitcoin wallets: online wallets, software (offline wallets), and hardware wallets. Hardware wallets are the most secure but online wallets are arguably the easiest to use. You should be fine choosing an online wallet. It’s not really difficult using whatever wallet. You just have to read the instructions and figure out how each of them works.
When it comes to getting bitcoins, you can ask from friends to transfer bitcoins to you or you can buy them using the standard money. You can actually sign up for a casino bitcoin without obtaining bitcoins first. Many of the best bitcoin casino sites today provide instructions on how you can obtain bitcoins so you can start with an empty bitcoin wallet. What’s really important is that you have a bitcoin wallet.
Using bitcoins in a bitcoin casino is all about depositing bitcoins and withdrawing them. Once you have signed up for an account, you can then proceed to the page where you can deposit your bitcoins. It is also on this page, usually, where you can withdraw your bitcoin winnings. Some sites call it the “Cashier” page while others provide direct links for the “Deposit,” “Withdraw,” and “Get Bitcoins” functions. It’s impossible for you not to quickly figure out how the use of bitcoins works in online bitcoin gambling sites. If you know the rules of various online casinos such as Paddy Power Casino, you shouldn’t find it hard learning how to use bitcoins for BTC gambling.
Just be reminded that online casinos that use bitcoins have varying terms and conditions. It is very important to read these terms and conditions so you wouldn’t be surprised that, for example, you suddenly lost the bonus bitcoins you have earned because it expired.
Bitcoin may have had its share of challenges and controversies but it has slowly become a good alternative to traditional currency. Many people around the world have already started accepting and paying in bitcoins in lieu of traditional money. Bitcoins are particularly advantageous in the field of online gambling as they make it easier to wager and collect winnings.
Typically, gambling sites or online casinos require credit cards or some form of online payment facility to allow players to place their bets and receive the amount they have won. However, not everyone has a credit card. Online Payment Facilities, on the other hand, require credit cards to become verified and to transfer funds. As such, not many get to enjoy the fun of being able to play casino games through the Internet. There are sites that offer alternative methods for online payments but they are usually unreliable and far from secure. Bitcoin addresses the security and regulatory concerns associated with other forms of currencies or payment schemes employed by standard online casinos.
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