Bitcoins Enter Online Casinos
Bitcoin is very popular nowadays, and probably most people know at least something about this interesting type of cryptocurrency. It can’t be compared to any existing currency, because it’s the only one which has no physical state. It really exists only on the Internet.
What is Bitcoin?
Bitcoin is a cryptocurrency which can be created only through the process of mining. To get some Bitcoins, you should have a really good computer which will work all the time. It’s beyond the scope of this article, so we are not going to tell you how to get more Bitcoins. Anyway, it was the first digital currency created where user transfer it between each other without any banks or administrators. That’s why there are no fees or other such-like stuff.
Bitcoin isn’t the only cryptocurrency, but the most popular one. You can also see Litecoins, Dogecoins and many others.
How do Bitcoin transactions work?
Anyone can create a Bitcoin wallet at any time. It’s very easy, and you don’t need to go to a bank or get a plastic card. Instead, you will just get a personal address. So, the transaction is similar to mailing, but instead of a letter, photos or things like that, it will be money. Each transaction has a seed inside – a private key which helps to see the sender of each transaction. There is also a signature for the sake of identification.
Each transaction is added to a blockchain and all confirmed transactions build a long chain in chronological order for you to check the history of transactions and to track everything.
Where can Bitcoin transactions be used?
Nowadays, Bitcoins and other cryptocurrencies can be used not only for transactions between people. Some online shops (and even real ones) accept Bitcoins. Food delivery, restaurants, cafes, and even taxi services are starting to use such kinds of transactions, which are even easier to use than credit cards as they don’t require special types of equipment like payment terminals.
As such, online casinos have started to accept Bitcoins and many popular casinos accept this kind of payment, allowing you to deposit or withdraw funds in Bitcoins. Moreover, you can even get Bitcoin as a bonus on some websites.
Why should you choose a Bitcoin friendly casino?
All your transactions are fully anonymous, so you don’t have to be afraid that someone will know about what you’re up to. Bitcoin transactions are also super fast so you don’t have to wait hours or even days as with other payment options. Last, but not least, choosing Bitcoin cash as a payment method is highly secure.
Bitcoin Friendly Casinos
Are you a real gambler in search of a great Bitcoin friendly casino? Holy Moly Casinos are ready to help you with this choice:
- Bob Casino – an interesting website with an unforgettable modern design;
- Oshi Casino – an online casino for real samurais with a lot of gaming options;
- Riobet Casino – a great choice for those who can’t live without big bonuses;
- GunsBet Casino – a website for rock music fans from different countries;
- BitStarz Casino – a specialized casino for bitcoins with a good reputation.
These are not all online casinos where you can play with bitcoins, but just a couple of the ones we think are the best. Anyway, more and more of them are appearing every month, week, and day, so keep your eyes peeled!