You may have noticed that there are more casinos than ever before accepting cryptocurrencies. This is good news for anyone looking to gamble with Bitcoin and other digital tokens, but what are the reasons for it becoming so popular right now?
The growing popularity of cryptos and casinos
The biggest reason why more crypto casinos are appearing is very simple: both cryptocurrencies and casinos are going through periods of fast growth. You have probably seen news stories about Bitcoin’s price and how it is helping to change the overall financial system.
The online casino industry is also growing quickly. This is particularly noticeable in the US, where various states have recently allowed casinos to open. In addition, even in established markets like the UK, we can see that new players are flocking to these sites to play.
These two things go together perfectly, so it was only natural that some casinos would start accepting funds in cryptocurrencies. The use of fiat currencies like dollars and euros remains more popular in casinos, but there is no doubt that the acceptance of digital money has helped to extend their appeal.
Big Welcome Bonuses
Welcome bonuses are a key part of online casinos. With so many gambling sites to choose from, people use the size of the different offers to decide which one they would prefer to join. It is one of the simplest ways of seeing how one casino differs from another.
The guide to crypto casinos from the experts at Casinotopsonline.com reveals that some sites offer up to a 10% cashback, while others give new players 100% extra on their first deposit. JustBit Casino, 7bit Casino, and Bets.io are among the biggest names in this sector and they all offer some sort of bonus to their members to get them started or to help them carry on playing.
Safety and Security
Offering a safe and secure experience with completely fair games is one of the key goals of any online casino. This is why they only use reputable game providers and banking methods. You can usually also find out on their FAQ pages about how they ensure security for their players. In terms of fairness, look for confirmation that the games are all tested by an independent testing authority. This ensures that you get a fair and unpredictable outcome every time that you play.
How does the use of cryptocurrencies make casino playing safer for members? Well, this is widely regarded to be one of the safest ways of storing and transferring money, because the wallets are extremely secure and difficult to hack provided that you take basic security steps.
Some people might also like the idea of keeping their playing funds in a separate wallet, so there’s no direct link between their main bank account and the casino where they play. This way of playing casino games doesn’t suit everyone, so you’ll see alternative payment methods like bank cards and e-wallets offered too.
Crypto casinos combine the best of two growing industries, and for this reason, we can expect to hear a lot more about them in the future.
Read more: Best Gambling Payment Providers
