Advantages of using Bitcoin at an online casino

One’s adventure at an online casino needs to be as smooth and secure as possible. As such, there is aneed for one to look for those casinos that have put in place the necessary tools and features that make player’s casino experiences safer, smoother and secure. Of the things there are that make one’s casino experience smoother and secure, nothing comes close to playing at a casino where Bitcoin is allowed as a medium of exchange such as netbet.co.uk. The reasons for this are given below.

Privacy

There are some people who state that Bitcoin was created for the sole purpose of improving privacy to one’s savings and if indeed that is true, then Bitcoin successfully managed to achieve its purpose. Bitcoin is the safest and most secure currency there is in the world today and this is a plus for all gamblers. People who bet using Bitcoin do not have to share their personal information with the casino, all they need is the Bitcoin wallet address and they are ready to transact. Bitcoin guarantees your safety, therefore,it’s one of the reasons why you need to switch to Bitcoin gambling if you are not already using Bitcoin.

Very low fees

Bitcoin guarantees value for money by removing exorbitant fees charged by other currencies. Bitcoin is a decentralised currency meaning that there are no third party or government authorities that your transaction passes through before being processed. As there are no intermediaries between you and your Bitcoin, it means there are no unnecessary fees to be paid hence making Bitcoin a cheaper alternative to conventional currencies.

Instant transactions

Due to the fact that Bitcoin is a decentralised currency, it also means that your transaction is processed almost instantly. While transactions in conventional currencies take on average 24 hours to process, when you transact using Bitcoin, the transaction reflects almost instantly at there are no other processes involving third parties.

Promotions and bonuses

Using Bitcoin at online casinos means you have higher chances of getting more from promotional offers and bonuses. Firstly, research shows that online casinos generally offer more when one signs up as a Bitcoin user than when one isn’t. In practice, this means if there is a 50 percent welcome bonus to all other players using conventional currencies, a player using Bitcoin is likely to receive a welcome bonus of 75 percent or more. Also, due to the extreme volatility of Bitcoin, you stand a chance of getting more from Bitcoin bonuses and offers if the value of Bitcoin rises.

More value

Playing as a Bitcoin casino means that you indirectly become a Bitcoin investor if you do not withdraw and change your Bitcoin into conventional currencies constantly. As was the case last year, Bitcoin’s value sharply rose month on month meaning that Bitcoin players using Bitcoin would have seen their Bitcoin increase in value while lying idle in their casino accounts. With the value of Bitcoin expected to continue rising, using Bitcoin at an online casino also continues to be an attractive proposition.