What are the advantages of using Bitcoin in gambling? Which gaming platforms accept cryptocurrencies? How does the use of crypto affect the quality of the game?
Bitcoin and gambling: how compatible are they?
Many people worldwide love gambling, while interest in blockchain and crypto continues to grow. Today, therefore, a considerable number of online casinos have begun to accept digital assets, and some have entirely abandoned the use of fiat currency. Today we want to discuss the benefits of using Bitcoin and which platforms are the best for this game format.
Benefits of using Bitcoin
Among all crypto assets, Bitcoin is the most popular. It is not surprising since this cryptocurrency appeared first and has the largest market capitalization. Today, many people use it for mining or trading and to pay for goods and services.
Today, several best Bitcoin casinos specialize in crypto assets. Let’s consider the advantages of using such assets in gambling. Among the main benefits are:
- Safer;
- Instant transactions;
- Minimum transaction fees;
- Anonymity;
- Additional bonuses;
- Higher limits.
Enhanced Security
At the moment, the blockchain is the most secure database through which you can make transactions. Here you don’t have to worry that your transactions will be intercepted or attackers will be able to access your data.
Instant transactions
Regardless of your payment system, money is instantly credited to your gaming account. However, when you withdraw your winnings, you may encounter specific problems. Thus, the withdrawal of winnings through a bank card takes up to 7 days, and through electronic wallets – up to 3 days. In the case of crypto assets, you can get your money within half an hour.
Reduced commission
Many users today are wondering about transaction fees. BTC poker sites do not charge transaction fees, but payment systems can. The most expensive way is bank cards; sometimes, they charge up to 15% of the transaction amount. This amount can be significant if you are used to playing for big money. However, you can only pay 0.05% of the amount if you use crypto.
Anonymity
Many users want to remain anonymous while playing at the casino. You are forced to provide your data if you use traditional payment systems. Most gaming platforms have reasonable privacy protections, but we regularly see reports of hacks that have leaked customer data. You can avoid this situation by using crypto assets. Some platforms even allow customers to opt out of the data verification process if they use crypto.
Additional bonuses
Some modern casinos are willing to pay you a 100% welcome bonus in Bitcoin.
Higher limits
Many classic gaming clubs set limits on the withdrawal of winnings. So, in most casinos, you cannot withdraw more than $20,000 at a time. On the one hand, this is done to stabilize the platform, and on the other, perhaps it wishes for you to spend the winnings on other games.
In the case of cryptocurrencies, the limits here are much higher. People can easily find gaming platforms where the maximum withdrawal per day can reach 5 bitcoins, and there are also many casinos where this limit is not at all.
Which gaming platforms deserve attention?
ORDB specialists have analyzed the market and identified several gaming clubs where you will find a huge selection of games, good service, and generous bonuses. This list includes:
- 7BitCasino;
- BitStarz;
- mBit;
- Bitcoin Casino;
- 24VIP Casino and some others.
What is ORDB? It is a platform that aims to explore the crypto casino market and give an honest review. The specialists of this company register themselves in various casinos and spend a week in each to understand how easy it is to use, what bonuses players get, how easy it is to deposit money and withdraw winnings, and how the support service works. In addition, they analyze player reviews online and do their professional review based on the data received.
In addition, on the ORDB website, everyone can leave reviews about various crypto casinos, so before registering, you can see a complete picture of the opportunities you will receive in the selected gambling platform.
In the end
If you love gambling and want to use crypto assets while doing so, you have almost no limits. Many gaming platforms today are interested in attracting crypto enthusiasts, so they create the most favorable conditions for them to play.