The Rise of Bitcoin Casinos

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One of the perks of playing at an online casino is that it’s simple. Everything about it is easy – from loading it up to hitting the spin button on a slot to withdrawing your funds. With the rise of cryptocurrency and Bitcoin, in particular, online gaming is now getting even simpler as another payment method enters the fray.

The evolution of casino gaming

If we had a Darwinian evolution chart to represent the evolution of casino gaming graphically, it would probably look the reverse of man. It would start with people walking into casinos and would now be people sitting down hunched over their screens.

But that is the way gaming has changed over many years. Casinos and gambling have been around for ages, but people had to physically enter a bricks and mortar casino if they wanted to gamble. There was the ambient background, the jostle of the crowd, and the variety of games to enjoy. But as the world moved online, it didn’t take long for it to be replicated in internet form.

The online casino boom, complete with the latest video slots, took the world by storm and continues to do so. And we can see why.

Playing at an online casino is a great way to replicate its land-based counterpart without leaving the house. Initially, many online casinos had lobbies that could only be accessed via a desktop. Fast forward to today, and you can play on your computer and even your phone or tablet, with the lobby fully optimized to play in your browser. There are hundreds of games to play, from regular slots to table classics such as blackjack and poker, to instant wins, bingo, and more. But like any online casino (and any casino come to think of it), the vital ingredient is your money.

There are lots of different ways to make deposits and withdrawals at an online casino. Debit cards are an easy method, but there are also a lot of other options such as PayPal, Neteller, Skrill, and various other web wallets. The benefit is that you can add your money to your web wallet account and then use that to play at the casino. It’s quick, it’s effortless, and there are a lot of options to choose from.

And now there’s Bitcoin.

Bitcoin’s here to stay

When Bitcoin first hit the scene, many people were skeptical. They didn’t think cryptocurrency would become a success and that it was only used for hackers or users of the dark web. Oh, how wrong they were! Those same people are now envious of others they know who invested in Bitcoin back in the day. But moving on from Bitcoin envy, we’ve seen a significant rise in cryptocurrency, with Bitcoin the most popular name.

Just like other online wallets, Bitcoin can be used to play at online casinos, and more and more casinos are using it as an acceptable payment method. When you’re using a cryptocurrency such as Bitcoin, you can benefit from added levels of security. For instance, you don’t have to pass on any personal information such as your address or bank details, so you can instead focus on enjoying your favorite games with no worry about your details. The process isn’t too different from the other methods available, which makes sense as the Bitcoin online casino market doesn’t want to ostracize its players. All you have to do is make sure you’re playing at an online casino that accepts Bitcoin and then choose that as your preferred payment option. After you’ve done that, it’s just like using any of the other methods – you get a Bitcoin address from the online casino and put it into the payment page of your Bitcoin web wallet. Then you can get stuck in.

The Benefits of Bitcoin

What makes Bitcoin stand out compared to the other payment methods? There must be a reason to choose it rather than the trusted, reliable other options. Well, yes, there is. First of all, cryptocurrency is increasing in its usage. It’s been proven that if you get in on the action sooner rather than later, you’re going to be better off in a financial sense and with the experience and knowledge of those payments.

Also, Bitcoin transactions are done in practically real-time, so your funds will be in your casino account in an instant – no waiting around. It’s also usual practice for your deposit to be converted into dollars at the current exchange rate, so you don’t miss out on converting your currency to whatever the online casino deals in – yet another example of how you could be better off with Bitcoin.

Cryptocurrency is claiming its place in the online marketplace, from gaming to retail, and with more online casinos set to use it, what will you do?