. 2 min read

Why Are Gamblers Choosing to Gamble with Bitcoin?

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Disclaimer: The text below is a press release.

bitcoin gambling
Source: Marco Verch / Flickr.

Bitcoin gambling is becoming increasingly popular these days. Many Online casinos are integrating virtual currencies into their payment systems and players all around the world are switching to the new popular solutions. After the events of December 2017, the attention of the whole world was glued to the Bitcoin, when its price reached almost $20,000. This was the moment when the pioneers of the cryptocurrency rejoiced and reaped the benefits of this new technology. After this event, players took great notice, and today a huge chunk of gambling is conducted with Bitcoins. There are several important reasons behind the popularization of Bitcoin Gambling.

Speed and Fees in Bitcoin Gambling

Bitcoin gambling is much faster compared to the traditional banking solutions. When using banks, the deposit and withdrawal processes take days to finalize. Gambling through cryptocurrencies is lightning fast, with withdrawal happening within the minutes and deposits being far simpler compared to credit card banking. Also, banks charge fees for almost any transactions that you’ll ever make. On the other hand, crypto transactions happen for free most of the time and you are left with more funds in you account.

Anonymity of BTC casinos

One of the most significant benefits of Bitcoin Gambling is the anonymity factor. With the classical banking, all your private information is visible and you won’t be able to keep your information hidden. Both your presence will be easily traceable and your personal information can be hacked, making you the victim of fraudulent activities. Using cryptocurrencies guarantees your anonymity because the payment system doesn’t require your personal information. Only thing needed is the number of your account, which doesn’t provide any information to the potential hackers. Security is far more prominent when utilizing Bitcoin payment systems.

Provably Fair Games

Another significant benefit of Bitcoin gambling is Provably Fair gaming. Thanks to PF, players can double-check the fairness of the Bitcoin Casino games. This system guarantees that the results of the gambling game are predetermined and cannot be altered in any way during the play, thanks to the advance SHA-2 hash algorithms. You can just relax and enjoy your gambling experience knowing that the games are absolutely fair and random.

How to choose between Bitcoin Gambling sites?

There are a lot of sites and casinos that offer using crypto as a deposit/withdrawal method. Discover Bitcoin Casinos on unbiased and truthful casino review website – BitcoinGamblers. All the relevant and important information can be found on this website and it will easily enable you to choose the casino that suits you the most.