{"id":241,"date":"2019-07-26T05:11:00","date_gmt":"2019-07-26T05:11:00","guid":{"rendered":"https:\/\/www.rouletteforum.cc\/tips\/?p=241"},"modified":"2020-05-06T03:40:48","modified_gmt":"2020-05-06T03:40:48","slug":"bitcoin-and-online-casinos-a-match-made-in-heaven","status":"publish","type":"post","link":"https:\/\/www.rouletteforum.cc\/tips\/bitcoin-and-online-casinos-a-match-made-in-heaven\/","title":{"rendered":"Bitcoin and Online Casinos: A Match Made in Heaven"},"content":{"rendered":"\n

Bitcoin and Online Casinos: A Match Made in\nHeaven <\/strong><\/p>\n\n\n\n

Technology\nhas revolutionized every aspect of modern life. From learning, transportation\nto communication, there are innovative technologies making life easier. In the\nworld of gaming, the same trend continues with online casinos gaining\nprominence over brick and mortar facilities. <\/p>\n\n\n\n

With\nmore than half of the world\u2019s population online, online casinos now have more\npeople playing. This also comes with an upsurge in revenues. <\/p>\n\n\n\n

The\ncurrent size of the online\ngambling market is almost 46 billion U.S. dollars<\/a>, with forecasts expecting\nit to double by 2014. This shows the popularity of online gaming over\ntraditional casinos.  <\/p>\n\n\n\n

Why Online\nGaming is So Popular  <\/h2>\n\n\n\n

People\ncan now play their favorite games on mobile devices, laptops, and PCs from any\nlocation.  Internet technology has made\nit more convenient to play from anywhere. With the latest technology, you can\nenjoy more thrill at an online casino compared to your local brick and mortar\ncasino. <\/p>\n\n\n\n

At\nan online casino, you have a wider range of games which offers more excitement\nand opportunities to win. It is also easier to learn any new game using\nresources provided on the best online casinos. <\/p>\n\n\n\n

However,\nthe main attraction for online gaming has to be the multiple bonuses new\nplayers receive. Online casinos offer a variety of bonuses including welcome\nbonuses and loyalty casinos, deposit casinos among other irresistible offers. These\nbonuses allow beginners to learn the ropes using bonuses and at the same time,\nwin some money.<\/p>\n\n\n\n

Cryptocurrencies\nSet to Redefine Online Casinos <\/h2>\n\n\n\n

But things\nare set to get even better. The internet technology as spawned safer and more\nconvenient payment methods. A few years back, the idea of cryptocurrencies\nmight have sounded farfetched, but today, you can play live casino at Bitcasino<\/strong><\/a> and pay with bitcoins or other\naccepted cryptocurrencies instead of fiat money. <\/p>\n\n\n\n

Cryptocurrency\nis all the rage in the internet landscape. For an online platform that urgently\nneeded a safer way to make a payment, Bitcoin and other cryptocurrencies have\ncome in as a godsend. <\/p>\n\n\n\n

Cryptocurrencies\nare digital assets which work as a medium of exchange just like an ordinary\ncurrency. However, the main difference is in the encryption techniques used in the\ngeneration of units, transfer, and any other operations of these units.\nEverything is independent of a central bank. <\/p>\n\n\n\n

The\npotential in cryptocurrencies has seen most tech firms investing heavily in the\nindustry. Facebook is the latest company to join the fray with a recent\nannouncement to create a new cryptocurrency named Libra. <\/p>\n\n\n\n

Facebook\nhas\njoined forces with 28 of the largest companies in the world<\/a>, including\nVisa, Paypal, and MercadoPago, as part of the Libra Association developing the\ncryptocurrency\u2019s code. <\/p>\n\n\n\n

In\nonline casinos, many players have expressed fears over payment methods\navailable. As online privacy concerns continue, the gaming industry is\nincreasingly resorting to cryptocurrencies as a solution. <\/p>\n\n\n\n

Why More Online Gamers Opt to Use Cryptocurrencies<\/h2>\n\n\n\n

If\nyou already play at online casinos, you appreciate the convenience that comes\nwith these platforms.  Most likely, you\nhave had reservations with the security of financial transactions due to the\ngrowing data loss across all industries. <\/p>\n\n\n\n

With\ncryptocurrency now accepted at online casinos, \nplayers will enjoy an array of benefits including:<\/p>\n\n\n\n

1.      Security\/Total\nPrivacy\/Anonymity<\/h3>\n\n\n\n

 The best thing about cryptocurrencies is the\nfact that there\u2019s encryption at every point. This means the player and all\ntransactions remain anonymous. If you have always felt uncomfortable sharing\nyour details at an online casino, you can now play without any fears. <\/p>\n\n\n\n

2.      Cost-savings <\/h3>\n\n\n\n

One\nof the most frustrating things for online casino players is having to pay\nmultiple fees when withdrawing winnings. \nWith Bitcoin or other cryptocurrencies, you will save a lot of money\nthrough no or minimum commissions. <\/p>\n\n\n\n

To enjoy an advantage regarding higher\npayout percentage, you need to consider playing using cryptocurrencies. There are\nno fees for bank transactions which eat into\nyour winnings. <\/p>\n\n\n\n

3.      Easy Funds\nTransfer\/Withdrawals <\/h3>\n\n\n\n

One\nof the main advantages of cryptocurrencies is in making money movement easier.\nWhen playing at an online casino, you will find it tedious to transfer funds from\nyour bank to your account. <\/p>\n\n\n\n

The\nsame applies to transfer of winnings from your account to your bank or any\nother destination.  Players sometimes\nshave to keep a large amount of bankroll online due to the complexities of\ntransferring cash, and this is risky. <\/p>\n\n\n\n

With\ncryptocurrency, all these problems don\u2019t exist. There\u2019s no third party involved\nin processing your winnings. You can make withdrawals from your account any\ntime or top up your bankroll in seconds to continue playing. <\/p>\n\n\n\n

4.      Extra Cash-back Incentives\nand Bonuses<\/h3>\n\n\n\n

Most\nonline casinos that accept cryptocurrencies enjoy more activity and extra\nrevenue. They promote the use of this new mode of payment through a variety of\nbonuses and other incentives. This adds to your bankroll and allows you to play\nmore. <\/p>\n\n\n\n

Final Thoughts<\/h2>\n\n\n\n

There\u2019s\nno doubt that online gaming has revolutionized the casino industry. However,\nconcerns over the safety of financial transactions on these online platforms\nhave prevented some players from taking part.<\/p>\n\n\n\n

With\nthe arrival of the safer and more convenient cryptocurrencies in the online casino\nlandscape, things have are now better. <\/p>\n\n\n\n

From\nBitcoin (BCH), Litecoin (LTC), Zcash (ZEC), Ethereum (ETH), Monero(XMR) to\nRipple (XRP), you have a plethora of cryptocurrencies to choose when playing\nonline. <\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin and Online Casinos: A Match Made in Heaven Technology has revolutionized every aspect of modern life. From learning, transportation to communication, there are innovative technologies making life easier. In the world of gaming, the same trend continues with online casinos gaining prominence over brick and mortar facilities. With more than half of the world\u2019s […]<\/p>\n","protected":false},"author":3,"featured_media":293,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.rouletteforum.cc\/tips\/wp-json\/wp\/v2\/posts\/241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rouletteforum.cc\/tips\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rouletteforum.cc\/tips\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rouletteforum.cc\/tips\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rouletteforum.cc\/tips\/wp-json\/wp\/v2\/comments?post=241"}],"version-history":[{"count":1,"href":"https:\/\/www.rouletteforum.cc\/tips\/wp-json\/wp\/v2\/posts\/241\/revisions"}],"predecessor-version":[{"id":242,"href":"https:\/\/www.rouletteforum.cc\/tips\/wp-json\/wp\/v2\/posts\/241\/revisions\/242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rouletteforum.cc\/tips\/wp-json\/wp\/v2\/media\/293"}],"wp:attachment":[{"href":"https:\/\/www.rouletteforum.cc\/tips\/wp-json\/wp\/v2\/media?parent=241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rouletteforum.cc\/tips\/wp-json\/wp\/v2\/categories?post=241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rouletteforum.cc\/tips\/wp-json\/wp\/v2\/tags?post=241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}