In the past few years, bitcoin casinos have been growing faster than other up-and-coming forms of online gambling. Today, there are over 500 different types of casino sites accepting bitcoins as a payment type, and players from all over the world can play without worrying about their money safety and enjoy additional benefits like anonymity and fast payouts.
With its growing popularity, bitcoin gambling has become safer and more fun for users who want to try something new. For this reason, we have compiled a list of the top 10 surprising facts about Bitcoin casinos you should know before playing.
Top 10 Key Facts About Crypto Casinos
- Bitcoin gambling is legal in most countries
As bitcoin transactions are not controlled by an intermediary and can be traced back to the original user, games hosted at bitcoin casinos remain completely legal. Moreover, players don’t have to submit any personal information when signing up for a casino account, which makes it possible to enjoy high-quality gaming without worrying that their personal data might be hacked and misused in the future.
- The games offered at bitcoin casinos are just as diverse as those hosted at fiat casinos
Players can enjoy different types of blackjack, video poker, roulette, baccarat, or dice games alongside slots and live dealer versions. Moreover, players have access to a broader game selection thanks to the progressive jackpots provided by slot machines.
- Bitcoin casinos allow users to enjoy additional benefits like anonymity and fast payouts
Thanks to blockchain technology, players can always be sure that their personal information is safe when gambling online. Moreover, most casinos offer instant deposits and withdrawals with extremely low fees for players who want to enjoy quick cash-outs.
- Many popular fiat casinos have started adopting bitcoins
Some of the world’s biggest online gambling sites announced that they would start accepting bitcoins as a means of payment, including famous names like Casino.N1bet.ng, Stake, and BitStarz. Moreover, some companies that used to offer online gambling services have decided to convert their sites into bitcoin casinos as well, such as mBit and Bitcoincasino.us.
- Bitcoin casino bonuses are a great way to try out a new site
Sign up at any bitcoin casino and receive a welcome bonus with no deposit required, or take advantage of a deposit bonus and receive a percentage match of the funds you put in your account to use for playing.
- Bitcoin gambling sites offer players cheaper fees
The withdrawal fee charged by online casinos is usually around 5%, but bitcoin-exclusive casino operators lower the transfer costs, making it possible for players to enjoy even more benefits like bigger winnings or higher dividends.
- Bitcoin transactions are completely anonymous
Since no personal information is required to create an account, players can enjoy additional privacy and security when playing at bitcoin casinos as their sensitive data (such as credit cards numbers) will never be stolen or misused by third parties.
- Bitcoin casino games offer different variations
From the Jacks or Better version to the Tens or Better version, players can try out different versions of video poker games with each one offering new types of bets and winnings.
- Bitcoin casinos offer better payment processing services
Thanks to blockchain technology, users can quickly deposit funds whenever they want without having to wait for transactions to be validated by the network. Instant payouts are also available when withdrawing bitcoins.
- Bitcoin casinos are more accessible than fiat ones
Being an open-source protocol, blockchain technology has helped make it easier for bitcoin casinos to succeed where traditional online gambling platforms have failed in the past. With most providers accepting players from all over the world and offering different currencies as a means of payment, playing at bitcoin casinos is now more advantageous than ever before.
Bitcoin gambling has become very popular among gamblers as it represents the opportunity to gamble anonymously with no risk for your sensitive data being stolen or misused by third parties. Furthermore, players can enjoy additional privacy and security when using BTC casinos. Moreover, the gambling software provided by crypto-exclusive providers offers a bigger game selection that features slots machines & live dealer versions alongside traditional games like blackjack or roulette.