If you are a regular player in online casinos but have not yet taken the plunge to bet with crypto-currencies, we are sure you have your reasons. However, if you have been waiting due to concerns about the process, allow us to provide you with some information. Here are some of the main reasons you might want to switch to gambling with bitcoin and crypto casino today.
Anonymity (to some degree)
While you don’t get total anonymity when betting with crypto-currencies, the blockchain still offers you a lot of it. While no transaction is wholly hidden (a record always remains), you can still hide the identity of your wallet. This is ideal for players in countries where online gambling is illegal. You won’t be invisible, but it will take a lot of effort for the authorities to find you.
No or low fees
Most crypto-currency payment methods have low fees at online casinos. Brends tend to have someone on site who will process transactions. You can expect lower fees than when you transfer cryptocurrency or even lower fees than traditional FIAT currency options. Some crypto-currency casinos have no fees at all.
Faster transaction times
Yes, most deposit options can process deposits instantly. It’s in the online casino’s interest to get your money quickly. However, they are not very fast when paying your winnings. E-wallets can take up to 24 hours to process withdrawals. Withdrawals with crypto-currency options are generally faster, often processing less than ten minutes.
Same game mechanics and offers
If you’re worried about missing out on quality casino games, don’t worry. Most of the best crypto-currency casinos now offer games from the same big names and developers that you can find in regular online casinos. There can often be thousands of titles available, ranging from slots, table games, instant win titles, video poker and even live dealer games. In short, you can play the same games you know and love when you choose to play with crypto-currencies online.
Your choice of crypto-currencies
Many leading online casinos now accept FIAT options and digital currencies. Top domains such as Bitcoincasino.io have long been known for allowing you to switch between currencies whenever you want. This allows you to work your way into bitcoin betting (and playing with other crypto-currencies) gradually, or even back to traditional options if playing with crypto-currency doesn’t suit you. This is a much better advantage than in conventional casinos, where your currency is usually locked in when you first sign up or deposit.