Reasons Why You Should Use Bitcoins At Online Casinos.

It seems that every other day there’s another online casino accepting bitcoins. The number of players who gamble using these virtual coins keeps increasing. But why do they choose to take payment from bitcoins? Let’s discuss some reasons why online casinos accept bitcoins.

                                                                               Bitcoins 

It is safe and secure.

Bitcoins provide a solid level of security and safety for both the player and the operator due to their anonymity.  Players can keep their identities private while gambling with bitcoins, which makes them feel more comfortable about playing.  This also helps protect against fraud since in most cases users remain anonymous when making transactions.

It is more convenient than cash.

You don’t need to worry about carrying around large sums of money if you use bitcoins. You simply transfer them into your bitcoin wallet on your computer and then send them to the chosen online casino . If you win, you withdraw the number of bitcoins by sending them back to the same wallet address.

It offers a quicker deposit option.

If you have only just started gambling with bitcoins, you may not be used to depositing funds directly onto your account. An alternative is to link your bank to your bitcoin wallet and transfer the bitcoins there instead. Withdrawals will then take longer as you must wait for funds to arrive before being able to spend them again. Although this takes slightly longer than the instant deposits offered via credit cards or debit cards, it does mean that you won’t lose time waiting for your cash to reach its destination.

The fees are low.

There are no transaction fees when you make payments .However when you use traditional payment methods like credit cards or PayPal, there are hidden charges attached to each transaction. These fees vary depending on what kind of payment service provider you use, but generally speaking, it costs around 2% to 3%. When using bitcoins, however, there are no such charges to deal with. For example, when you use Bit Pay, it charges 0.5%, which means that if you buy $100 worth of items from Amazon, Google Play Store, or iTunes, you would only have to pay $50.00.

In conclusion, if you are looking to start betting with bitcoin, you should consider doing so through an online casino. They provide all the benefits associated with the currency while offering a secure environment where you can safely store your wealth.