In the past two years, crypto-focused online casinos have become increasingly popular. What exactly is the source of all this commotion? Do these sites provide better customer service than traditional online gambling sites?
We’ll walk you through everything you need to know about Bitcoin online casinos in this article that we’ve put together for you. Find out why it might be a good idea to buy some cryptocurrency and sign up with one of these operators, like BK8, by doing some research.
GENEROUS BONUSES
When it comes to bonuses, crypto online casinos are head and shoulders above their rivals. The typical bonus that awaits you when you sign up at an online casino is worth $100 to $200. The generosity offered by cryptocurrency casinos is elevated to a higher level. They will match your initial deposit up to a maximum of 1 BTC or 5 BTC, whichever is lower.
At the time of this writing, one Bitcoin is equivalent to $20,000 USD. If you were to receive this sum as a bonus, you would be able to use it to play virtually all of the casino games multiple times. Consider the implications.
With a bonus of one Bitcoin, you could play your preferred slot machines for $500 each and every day for an entire month without running out of money to play with. And remember, this is only relevant to the welcome bonus. You may be eligible for the following bonuses and rewards if you sign up with a reputable casino:
Cashback bonus and daily promotions make up the Loyalty Bonus and VIP Rewards.
FAST PAYMENTS
When playing at online casinos, one of the most common issues that players run into is that the withdrawal process takes an excessive amount of time. Putting money in an account is always a simple process. However, once you have won money, it can take several days or even weeks to receive it.
The solution to this issue can be found in cryptocurrency casinos. You can reasonably anticipate getting your winnings within a couple of hours if you use crypto, which is known for its speed. The best part is that it makes no difference how much money you win.
You need to be aware that the majority of the casino payment methods have a maximum withdrawal speed of ten thousand dollars. If you win $100,000, the only choice you may have is to receive it via wire transfer. In addition, a wire transfer may take up to ten days to complete.
You are able to make an instant withdrawal of up to one hundred thousand dollars from crypto casinos. To make this absolutely clear, operators do not place such high limits on each and every payment method. They make an exception for cryptocurrency providers in addition to a few other banking service providers.
PROVIDING ACCESS TO A LARGER AUDIENCE
When you really stop to think about it, crypto can be accessed by anyone. It makes no difference where you call home. You are able to buy and sell bitcoin and Ethereum so long as you have access to the internet. And if you can own cryptocurrency, you have access to a wide variety of online casinos that accept cryptocurrency.
If you want to use payment methods that are based on fiat currency, you can only access their services if you live in certain countries. For instance, less than twenty countries support Google Pay at this time. Because of this, the vast majority of people on the planet are unable to use its services.
More than 200 countries currently support the use of PayPal. Despite this, it does not have a presence in a number of countries. Cryptography functions in every environment, making it possible for billions of people to access the financial system.
Now, despite the fact that you have Bitcoin in your possession, not every crypto casino will accept you. More importantly, your time may not be well spent on every cryptocurrency. Spend some time doing research and comparing different casinos so that you can find the right one for you.
CRYPTO GAMES
There are a lot of online casinos where you can play games like Starburst and Thunderstruck II. However, the only places you can play crypto slots and roulette are in cryptocurrency-only casinos. Games based on blockchain technology are not yet as widely played as traditional games.
However, they do have some distinct advantages. For instance, you are able to investigate the legitimacy of a crypto game. You are able to access the algorithm of a game and verify whether or not it is fair because the blockchain is both transparent and immutable.
In addition to providing a more level playing field, crypto games remove the need for a middleman in the form of casinos. You got that right. You do not need to use a gambling website in order to participate in certain blockchain games and win real money. This system is functional thanks to the use of decentralised applications.
Keeping this in mind, you might want to look for a casino that offers both traditional slot machines and table games. By “games,” we refer to those produced by NetEnt, Microgaming, Betsoft, Playtech, and Evolution, as well as IGT.
The development of crypto games is still in its infancy at this point. Playing games that come from well-known software providers will, as a result, provide you with a more enjoyable experience overall.
SECURITY AND PRIVACY
At its fundamental level, cryptocurrency embodies both safety and reliability. When you make a purchase of bitcoin, you will be given two addresses at which to store your digital currency. Your funds can only be stolen from you in two ways: either if you publicly disclose your private address or if someone hacks your digital wallet.
The blockchain is impenetrable to hacking attempts. Because it is decentralised, no single entity exercises complete authority over Bitcoin, Ethereum, or any other cryptocurrency. Because of blockchain’s immutability, no one can ever change the transactions that have been recorded on the platform.
One more benefit of using crypto is that it does not require providing any personal information. It is possible to carry out transactions in any part of the world without ever having to reveal any of your personal information.
The law requires that legitimate casinos check your identification before letting you play. Due to this, you can’t truly gamble anonymously using Bitcoin at well-known casinos. It doesn’t really matter though. Crypto’s other benefits makes it an ideal payment option for casino banking, nonetheless.
TRANSPARENCY AND TRUSTWORTHINESS
First things first, let’s get this straight. There is no standard format for casinos. However, many crypto casinos can be trusted. In point of fact, they provide you with reasons why you should trust them. For example, they hold licences from well-known jurisdictions.
What’s more, they secure their websites using military-grade techniques to keep you safe. Some of them also invite independent auditors like eCOGRA to vet their games for fairness.
When it comes transparency, this also varies from one operator to another. Choose a gambling website that is transparent regarding its bonus policies, withdrawal times, and safety precautions. However, your best bet is to do some research and comparison shopping before settling on a website.
SUPPORT FOR MOBILE DEVICES AND CUSTOMER SERVICE
A widespread misunderstanding perpetuates the idea that cryptography cannot be used on mobile devices. This is the furthest thing from the truth possible. There are a lot of crypto casinos that work on desktop computers as well as mobile devices.
In point of fact, through their mobile sites, they provide access to hundreds of different games. In addition to this, they provide the same bonuses that are available at desktop casinos. When it comes to providing support for their customers, the best online casinos offer live support in addition to email and phone numbers.
However, before you use the services of a casino, you should make it a general practise to spend some time learning about the establishment. Read through the company’s online reviews to ensure that it provides trustworthy customer service. Use its mobile site in the same way in order to get a feel for the experience before you create an account.
