There is no way we can deny the presence of Bitcoin casinos. While some casinos existed before Bitcoin and added the cryptocurrency to their banking selection, other casinos have sprung up and are solely based around that currency.
But why should you consider using the Bitcoin casinos instead of other casinos? We thought we’d look at three of the main reasons players choose to do this.
You can use Bitcoin safely and anonymously
When you use Bitcoin, your details are secure. You can make transactions anonymously, without worrying about the security of your information. Privacy is a major issue for some of those who use online casinos. Everyone wants to do so while maintaining their personal security. Bitcoin allows you to do that.
Welcome bonuses and other promotions are issued in mBTC
One thing you will notice about these casinos is that the bonuses they offer are not listed in dollars, pounds, or euros. Instead, you will see mBTC mentioned against the amount listed. This means the bonus will be issued in Bitcoin when you make that all-important first deposit. If you’re working with mBTC anyway, it makes sense to take advantage of a deposit that comes to you in the same manner.
The value of the Bitcoins in your account could increase even when you don’t play
Of course, the opposite could also happen, but it is worth thinking about. If you want to convert some Bitcoins into your own currency, you’ll need to consider the current exchange rate. Some players have deposited Bitcoin into their casino accounts, played some games, and left the remaining balance sitting there. When the value of Bitcoin has gone up, so has the value of the balance in their account.
If this should occur and you decide you want to make a withdrawal, you can do so almost instantly. The speed at which deposits and withdrawals can be made in Bitcoin is impressively fast. In fact, it is usually faster than most other banking methods you could choose from.
If you are thinking of using a Bitcoin casino, look for one that has been around for a while. Bitcoin may still be new, but some casinos have been established longer than others. The reliability of a casino should be foremost in your mind. By doing some research, you are more likely to find the best Bitcoin casino online today.