BTC has become a genuine discovery for online gambling operators who found the revolutionary payment solution too tempting to be ignored.
Ever since the moment Bitcoin came to our lives about eight years ago, we have been witnessing an ever-increasing interest of businesses towards the cryptocurrency and the benefits of using it. More specifically, BTC has been able to become a genuine discovery for online gambling operators who found the revolutionary payment solution too tempting to be underestimated and ignored. Over the recent years, there have been a number of various Bitcoin casinos launched globally, and some of them have turned into real player magnets by now.
Still, why are Bitcoins that hugely attractive to gamblers? While, as of 2014, only 8% of the total globally generated gambling revenue came from Internet casino, by today, the numbers have become more impressive. The reason? Yes, Bitcoin has definitely had a great impact on the figures. You see, the virtual currency enables players to access the full range of games and other wagering opportunities, while, at the same time, they can also enjoy its numerous advantages over real money payments, including much quicker transaction times, absence of commission fees and other expenses, and equally important, full anonymity when performing fund transactions on casino portals, as well as solid security level.
Certainly, in order to start using BTC for making or receiving payments, one needs to possess certain technical literacy. Our point is, everyone can manage Bitcoin, but it would be wise to learn as much as possible about it in advance, and that would essentially be it. By the way, unlike what we’ve got used to, the blockchain ledger that serves as the basis for the entire Bitcoin network is completely decentralized, i.e. it simply does not allow for the existence of a central governing body in itself. That is really great news for gambling operators who have enabled BTC payments for their clients, as this pretty much leaves them out of scope of the state financial supervisory establishments.
When looking for a proper online casino portal to gamble on for Bitcoins, you should also remember that some of them do not actually enable full anonymity for their players, mainly because BTC payments there are just an additional payment option for customers, while, regularly, you’re still expected to create a full user’s account and make deposits/withdrawals using traditional solutions like Skrill, card/wire transfers etc. Indeed, that doesn’t really look like anonymous gambling, and something makes us think you may be willing to go for more relevant options and try your luck on fully licensed websites like BitCasino.io that want no personal data from you, but do offer a great variety of wagering possibilities, a lucrative set of bonuses, and, more significantly, a trustworthy gaming environment.
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