How Bitcoin Casinos Work

As the popularity and trustworthiness of Bitcoin has steadily increased over the last few years, it is no surprise that so many online casinos have started to accept Bitcoin as a form of payment. 

While their online casinos that accept Bitcoin as a means of payment among others such as Visa, bank transfers etc, there are also casinos that specialise and deal only in Bitcoin transactions.  Bitcoin only casinos are usually seen as advantageous among Bitcoin users as they are illegible for higher bonuses and free spins because of the fact that there are no transaction fees with Bitcoin.

There are literally hundreds of games that can be played online using Bitcoin today and the amount is ever increasing. Some of the most popular online casino games that you can find are blackjack, roulette, slots, video poker as well as sports betting.

When depositing or withdrawing funds from an online Bitcoin casino, you will use your Bitcoin wallet. This virtual wallet holds your Bitcoin funds and as previously mentioned, there are no transaction charges! When performing transactions you will be asked for your personal security key that verifies that the Bitcoins do indeed belong to you and that you haven’t used the same funds twice. Processing time for transactions usually takes around 10 minutes. There are a few different wallet options to choose from, some of which are specifically designed for online gaming.

Another advantage of Bitcoin online casino gambling is that your identity is completely private. There is no way to link a transaction to an individual and you need not even use your real name or any personal details on your wallet ID. This is great for those who wish to remain anonymous while gambling online.

It is best to only play online casino games with Bitcoin on sites that are verified, credible and have good reviews. There are many scam sites out there that are trying to take advantage of Bitcoins’ increasing popularity. That being said, you should have an enjoyable and hassle free experience playing on credible sites. . You can expect to play all your favourite online casino games in Bitcoin from anywhere in the world!

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