Since its introduction in 2008, Bitcoin has gained popularity as the best peer-to-peer digital currency. It is, without a doubt, the most sought cryptocurrency form, and it is gradually gaining entry in some of the world’s biggest online casinos.
The system comes with many benefits, but of utmost importance is to understand why everyone seems to prefer the new digital currency to the already existing options. Likewise, spare some time to learn the few cons involving digital currency use.
First, one of the reasons behind Bitcoin’s popularity is its extremely high speed of transfer. You are assured of receiving your payment instantly when you transact with Bitcoin. The only exception is for the new users as there’s a slight confirmation delay.
Secondly, if you are a top gambler, you might recall an instant or two where your card was blocked from transacting just when you were about to place a bet. Well, a solution to the problems of that kind has been solved to your utmost satisfaction now.
Bitcoin transactions aren’t linked to banks or cards; thereby, no one can block you from making the payment you want. Likewise, the process values your privacy as its transactions are anonymous.
However, to ensure optimal safety, the system keeps a ledger of all transactions made. Therefore, you can trace the payment originality if a need arises.
Lastly, according to Investopedia, zero banking fees and negligible international transaction costs are the reasons everyone should consider paying via Bitcoin. These, undoubtedly, present the deal of the century to poker players.
According to Forbes, one of Bitcoin’s major drawback is its fluctuating exchange value. This implies that you might deposit some money but end up withdrawing less if the prices go down. However, there’s a slight positive to take from that in the way the rates cannot change beyond 5% in a day.
Likewise, if you want to solve the issue of fluctuating rates, you need to use a site that allows the use of Bitcoin’s natively, so that you don’t have to deal with currency exchange.
Focusing on the drawbacks, not all casino games support payment through Bitcoin. Therefore, you might be required to have at least two wallets if you want to play on such online sites.
Finally, you need to be aware of the rising number of fake and pirated Bitcoin casino games. Some people have taken advantage of Bitcoin anonymity and made fake games that support cryptocurrency payment. It is highly advised to keep tabs on some of the sites that offer rogue casino games.
3 of the Best Online Casinos That Support Bitcoin Transactions
Promotions, a high number of games accessible, and easy banking options shouldn’t be the main reason for you to join an online casino. The main factor you should consider instead is site trustworthiness. And that’s the reason we recommend these 3 sites for you.
Bovada – 2020 Review
The site was launched in 2011, which makes it a well-known and trusted brand. It also has Bitcoin games, and it is perfect in the areas that matter most including;
· Issuing fast payouts
· Easy withdrawal and deposits
· Fast and friendly support staff
· Over 130 casino games
· Mobile-friendly platform
The site’s main drawback is the way it only accepts US residents. Besides that, the site is also not accessible to New Jersey, Nevada, New York, Maryland, and Delaware residents.
However, the site is legit, and that’s the main reason behind our recommendation. Likewise, you can check out the platform’s promotions, banking options, and games before signing up.
Café Casino Review – Here’s the Largest Selection of Online Games That Accept Bitcoin
With over 200 online casino games, Café Casino contains the largest selection of games that support Bitcoin. Promotions here are unbeatable, and payouts are swift and free. Likewise, you are assured of top-not customer support services.
The platform was launched in 2016, and it is, therefore, a bit young to know their optimal potential. However, having played on the site gives you a good feeling that they will be here for long, and their good days are only a while away.
Looking at the platform’s only drawback, those residing outside the USA will not be in a position to access a wide variety of games available here. Likewise, New Jersey, New York, and Maryland residents will need to seek better gambling options elsewhere.
Lastly, Café Casino is an ideal user-friendly site with unlimited bonuses and promotions. Here is a review to help you learn more about the platform.
BetOnline Review – Is the Platform Legit?
Well, those who knew the site in the years 2011 and 2012 might want to disagree. Even though the platform has evolved and put its dark days behind, it is of utmost importance to know what happened earlier in case you consider signing up.
The site’s over 7-year reputation was ruined by some poor public relations. The main issue that drove customers mad was the site confiscating money without any reason.
Likewise, a customer chat with the staff revealed that the company knew the player’s passwords and login numbers. This, undoubtedly, rings a bell on your money security because, if the staff has customer logins, it’s so easy for one to log in using a VPN and withdraw your cash without a trace.
On the bright side, BetOnline has owned their mistakes, and it has been hard to find any negative comments in the past few years. Having introduced Bitcoin as a payment method, the payouts are now fast, and your money is highly secure.
Conclusively, Bitcoin as payment and withdrawal method offers unlimited benefits to online casino players. It is secure, and according to Filip Poutintsev, CMO of Bitbook.ag, the system’s main advantages are low fees as well as easy cross-border payments.
Transactions here are also fast, thus making the platform gain great popularity in the industry. The online casino sites reviewed above offer the best promotion and bonuses, and they are highly trusted and legit. It is for this reason that we highly recommend them to you.