Thoughts x
cryptocurrencies

Have some extra Bitcoin lying around and feel like making some wagers?

Online casinos are one of the biggest crypto supporters. These gaming sites are fully aware that these digital currencies have an abundance of advantages, which is why they are more than open to allowing registered players to deposit and withdraw funds with them.

The future of online casinos also includes cryptocurrencies due to the fact that the acceptance rate grows with each passing day. With that being said, one should say a few words about using cryptocurrencies as a payment method at online casinos. But, before that, let’s see how you can gain access to online casinos and how you can earn cryptocurrencies.

General Guides on Online Casinos and Cryptocurrencies

First of all, if you want to deposit/withdraw money from your account at online casinos, you need to register and verify your account. Luckily, the process is very fast and simple. You just visit the casino’s official website and fill out the online application form. Online casinos utilize the latest SSL encryption software, which means that your data will be secure. Verifying your account is mostly done via email.

As for cryptocurrencies, the best way to earn them is to purchase them on trading sites. The option of mining them is also there, but considering the fact that you need a lot of money for the equipment and a lot of time to study the process, it does not pay off.

Instead, you can visit reputable platforms such as yuanpaygroup.org and connect with thousands of sellers from every part of the world. The best part about this trading site is that it supports numerous cryptocurrencies. That means that you can cross-reference the accepted digital methods at the chosen online casino with the ones that you can buy at trading sites and make your pick.

Now, let’s see what are some of the benefits that come with using cryptocurrencies as a payment method at online casinos.

Instant and Secure Payments

When using regular payment methods at online casinos, your deposits may be instant, but withdrawals have a processing time. Let’s take credit and debit cards as an example as they are one of the most popular payment methods at online casinos. Even though the processing time varies from one operator to another, it is usually between 1-5 business days.

Cryptocurrencies do not operate like that. Thanks to the fact that they are powered by blockchain technology, every deposit and withdrawal made with them at online casinos is instant.

Access to Special Games

One of the most commonly accepted cryptocurrencies at online casinos is Bitcoin. After all, research shows that as many as 80% of crypto users trade with Bitcoin. Online casinos provide Bitcoin users with one extra benefit and that is access to special games.

Many online casinos started featuring one additional category in their game library — Bitcoin games. As the name of the category itself suggests, they can only be accessed by making a deposit with Bitcoin. These games have unique gameplay and will provide you with an unforgettable gaming experience.

No Fees

Earlier, it was mentioned that one of the biggest advantages that cryptocurrencies have is the fact that they will provide you with instant withdrawals. There is one other payment method that provides users with instant withdrawals and that is e-wallets. But, there is a massive difference between cryptocurrencies and e-wallets.

In most cases, when you opt-in for e-wallets, you will have to pay a certain fee for withdrawals. Not only that, but if you read the terms and conditions of many online casinos, you will see that e-wallets, especially Skrill and Neteller, are not eligible for the featured casino bonuses. That is not the case with cryptocurrencies. They do not have any fees and with them, you can receive any of the casino bonuses.

Leave a Reply