Ready for instant payments to your casino account that are both safe and secure? Bitcoin as an online casino deposit and withdrawal method offers this and much more. This is a big step forward for the online casino industry as until now casino payments have somewhat lacked innovation. If you are interested in finding out more about online casino Bitcoin payments then keep reading below to find out more.
What is Bitcoin?
Bitcoin is a form of decentralized currency used to make payments that utilize blockchain technology. If the technicalities of blockchain technology give you a headache then we will just skip to the part that matters. Using Bitcoin allows people around the world to make instant transactions that are verifiable and 100% secure. The biggest advantage to using cryptocurrencies such as Bitcoin is that the fees involved in transacting are far less than traditional banking options.
There are many benefits of using Bitcoin to gamble online. Bitcoin gambling offers an anonymous way to send funds into your bank account which is separate from your personal bank. In this way, you can ensure that your personal information is kept secure at all times. As a payment method Bitcoin has lower fees involved in the sending and receiving of funds, which leaves more money for you to wager!
One of the best advantages of using Bitcoin (in our opinion) is that there are many casinos that now incentivize this form of payment through bonuses and promotions. One such example is Wild Casino, where they are offering players up to $9000 in crypto deposit bonuses.
On your first deposit, you will receive a 300% deposit bonus of up to $3000 thereafter, over your next 4 deposits, you will receive a 150% deposit bonus of up to $1500 per deposit. All you have to do is deposit using one of the available cryptocurrencies and you will automatically qualify for the deposit bonus.
Are There New Bitcoin Casinos?
There are a few casinos that have jumped on the crypto bandwagon and now accept payments in Bitcoin and other cryptocurrencies. While the rest of the world has been slow to accept Bitcoin as a currency for the purchase of goods and services, USA online casinos are among the first to openly encourage players to use this method.