Everyone knows about casinos and their transformation into online casinos. Online casinos have become so much popular that you will find a gambler in every corner of the world. It is not an exaggeration at all. People worldwide love gambling in online casinos for fun, thrill, and a good time. It is the reason for the exponential rise in the revenue-generating capacity of the online gambling industry. You all must be aware of the craze of cryptocurrency, aren’t you? It is all one can talk about nowadays. How about the two things (online casinos and bitcoin) you are familiar with and want to learn more about come together? That would be insanely wonderful.
Over the past few years, bitcoin casinos have made a firm grip on the gambling market. Multiple casino websites like https://igamingslots.com in the market offer crypto casino facilities. You probably be familiar with this if you were an online gambler. Even if not, don’t fret because you are about to know everything. The primary reason for their popularity is that crypto casinos have far more benefits than potential risks.
Bitcoin Casinos – What are they?
The concept of bitcoin casinos is not rocket science, but it is a simpler one. They do not differ much from regular online casinos. The only difference is that instead of depositing or withdrawing actual money, you use bitcoin or other cryptocurrencies (in the case of just crypto casinos). You can say goodbye to online banking to gamble now.
There are also other ways in which bitcoin casinos differ from conventional casinos. For instance, they offer customers more promotions and bonuses other than what you will find in regular online casinos. You can select any game from a hi-tech collection with newer concepts, such as crash games.
Benefits you get from playing bitcoin casinos
There are numerous advantages one can get from playing in bitcoin casinos, which is taking conventional casinos ahead of their time. Below here are mentioned just a few.
Crypto is a real currency
Indeed, people have been skeptical when it comes to cryptocurrency. No matter what you think, it is a real currency. Bitcoin is being used in transactions all over the world, so its value is only going to rise in the future.
People are now open to accepting digital currencies as means of payment almost everywhere. Online casinos are also accepting it.
Another reason to play with bitcoin casinos is its value will rise. You must have seen examples of this in previous years. The bitcoin you owed a decade ago is now worth thousands of dollars. The value of bitcoin can be doubled in months or, sometime, even days. It means you can win double or triple in casinos of what you do today.
A secure method
Who doesn’t want security when gambling online? It is undoubtedly an unavoidable concern in every gambler’s mind. And you cannot overlook it. Conventional online casinos use bank payments and credit cards as modes of payment. It makes them vulnerable to scammers, hackers, and financial fraud. Not only this, the user’s personal information can be misused for anything.
In contrast, Bitcoin casinos rely on blockchain technology for all transactions. What does it mean, and how is it helpful? It means your data is safely stored in computers scattered all over the world. It becomes impossible for scammers and hackers to steal anything.
Every transaction you make in bitcoin casinos is transparent and has advanced security measures in place that comes with blockchain.
If you have been gambling in online casinos for quite some time now, you know how long it can take to process the payments, ranging from days to weeks. Nobody is that patient today. You do not have to wait for Bitcoin transactions, which are done in a matter of minutes.
The fast transactions enable online casinos to ensure that customers have a good time and experience. Bitcoin, being a cryptocurrency, doesn’t require any middleman to complete the transactions. Bitcoin is also safer than its contemporaries as you control the private key, which means no one else can access it, let alone spend your money.
It may seem a bit bizarre, but it is true. You read it right; you can save money in bitcoin casinos. How? Let’s get to it. Conventional casinos deduct some amount from your winnings as a fee, like a service charge or other. In bitcoin casinos, this doesn’t happen. Even if it does, there are minimal charges.
Your winnings from regular online casinos are also subjected to taxes. And when the money is transferred to your bank, it charges its services. Banks or governments are eliminated from the equation when transacting with bitcoin, and you get to keep the money to yourselves.
Since bitcoin transactions save time and money for both the user and the casino, the casino uses the money to offer better bonus options to the customers. Some casinos also offer anonymous play to the users that make deposits and withdrawals in crypto only.
Playing bitcoin casinos
The process of getting started with bitcoin casinos is a simple one. Here is a quick step-by-step process:
- Find a platform offering bitcoin casino facilities.
- Once you find a reliable website, register yourself by filling up your personal information.
- Create an account by verifying your email id.
- Make a deposit using a bitcoin wallet
- Select a game to play and enjoy.
See, how easy it was. https://igamingslots.com/bitcoin-casino/ is one of the casinos where you can use bitcoin for transactions. You should visit the website if you are looking for one.
How can you win more at bitcoin casinos?
Now, let’s see how you can win more at bitcoin casinos. What are the best strategies you can use? Here are some tips:
- Try slots with high RTP (96% is average, so look for a slot higher than this).
- Before you make real bitcoin transactions, use demo mode to practice.
Though bitcoin casinos are relatively new in the market, one this is certain – they are here to stay.