Bitcoin casinos, Easy As …
Entering the new wave of technology has introduced us to a digital currency called Bitcoin. It was only a matter of time before the advanced online gambling world would meet with the breakthrough discovery of digital money. No one truly owns Bitcoin and it is not specific to one country or location and is not subject to regulation. For these reasons, it has become quickly popular among people worldwide. To obtain Bitcoin, you must take part in a digital currency exchange. These exchanges allow users to trade currencies for digital currencies such as Bitcoin. The video to the right will walk you through just how to get started.
Once you are an owner of Bitcoin, you can store them in a digital wallet that can be on your computer or in the cloud. For online casinos that accept this method of payment, you can create an online wallet account with companies like Coinbase or Circle to transfer in and out of. You can use Bitcoin to purchase anonymously and you will notice that more and more businesses are starting to accept it as a method of payment. From a business owner’s point of view, using Bitcoin can reduce their processing fees down to less than 1% per transaction. Since you can send and receive Bitcoin anonymously without divulging personal information, this cuts down on fraud prevention costs. Other benefits include fast and easy international transactions because there are absolutely no banks involved. There is also no transaction settlement wait time so this makes using Bitcoin instantaneous.
Many USA online casinos such as Slots.lv and ignitioncasino.eu are dedicated to providing exceptional service to their members by accepting Bitcoin as a method of payment. They realize the convenience and importance of fast, secure and reliable transactions. They also want to ensure that their players can focus more on the enjoyment of their slots, table games and sports betting options as opposed to the inconvenience of waiting times for deposits and withdrawals. It’s a quick and easy process to get started. Once you have created your online Bitcoin wallet, you can go to the casino site of your choice and go to their deposit page as normal. Once you choose Bitcoin as your method of deposit, you will then be able to see the casino’s Bitcoin address to send to. You can simply copy this address and launch your wallet account. From a desktop computer, you can paste this address into the send field. If you are on a mobile device, you will be provided with a QR code that is scan-able and this simplifies the process even more. In no time, you will be on your way to playing your way to the next big jackpot!