Bitcoin Casino

851 Words4 Pages

Bitcoin Casino

What is Bitcoin

Bitcoin is the first and most popular digital crypto-currency, that was established din 2008 and since then have been gaining popularity with online users all over the world. In fact the count of Bitcoin users goes in millions, and as you probably guessed there are many online gamers and gamblers among them. That’s why lots of online casinos didn’t wait to long to start offering this unusual currency among the casino payment methods.

Advantages of using Bitcoin at the casinos

Created by mysterious Satoshi Nakamoto in 2008 Bitcoin brought to the market a lot of great things that many people were waiting for. First of all it is not attached or related to any of the world’s currencies or central banks, and …show more content…

All you need to do is make sure that the online casino operator that you’re using to make deposits and withdrawals with Bitcoin is a trustworthy one.

The Bitcoin transaction go through in a blink of an eye, so you will have you money immediately to start playing without any delays.

There is also a greater deal of anonymity associated with the Bitcoin , which is appreciated by many online players worldwide.

Bitcoin accounts are usually completely separated from any of your other financial accounts and household money transaction, so you can keep your casino spending totally independent.

Many payers also enjoy the total control over their money, budget ad spending using Bitcoon, so it is another plus that many casino players will appreciate.

Once you made your deposit with Bitcoin at an online casino, you will be able to enjoy a wide variety of casino games. Some casinos actually allow you to bet and gamble with Bitcoins, the others will exchange it for another currency that particular games support. So you can be sure that you will always have a decent selection of slots and classic casino games like Poker, Blackjack or Roulette, when using …show more content…

Bitcoins are transferred between user and/or operators and service providers via Bitcoin addresses. These are the secure series of letters and numbers between 27 and 34 characters. You can set up a Bitcoin account via a wide variety of apps and websites that you can download to your iOS or Android device as well as Mac, Windows or Linux computers. When you have Bitcoins in your wallet, you can immediately stat playing at any casino that offers Bitcoin

The last advice we can give regarding the Bitcoin is making an effort to understand the difference between the different types of Bitcoin wallets. There are three types of them in total.
• Online wallets ( blockchain) are recommended for the new users. In this case your wallet and Bitcoins in it will be stored by third party online and backed up on the cloud-based

Open Document