With the expansion of the financial market thanks to technological advances in particular and to the more practical and secure means that they allow to have, payment methods are multiplying to offer customers the best possible experience in different areas including internet gambling. If a lot of online Poker Games players are now using bitcoin, there are a few good reasons for that. So here they are!

Bitcoin Casinos Preserve Anonymity

For the entire deposit operation, you will only need to provide personal and banking information once, which means when you buy bitcoins. This is done between your electronic wallet on your BTC casino which must be fueled with bitcoin and your bank account with which you pay in national currency or in virtual currency. The bitcoin casino will therefore not have your personal or banking data at any time because the wallet is there as an intermediary between your bank and the online casino where you are playing. It then guarantees confidentiality. You just have to open your electronic wallet from the gambling site.

Bitcoin Casinos and Security

As you probably know, casino scams are very common on the internet. You just have to go and read the players’ testimonies on the forums. To remedy data theft and refusal of withdrawals because the earnings are too large, bitcoin is a solution. Indeed, what is more reassuring is the fact that you do not have to go through platforms or external banks. All payment transactions are carried out only with your personal accounts. And since earnings withdrawals are done without any intermediary banking institution and therefore without the hassle of paperwork, the operation is done almost instantly.

Bonuses and Promotions on Bitcoin Casinos

Online casinos also benefit when players use bitcoin as their payment method. Therefore, they encourage them to do so through match bonuses on deposits made in Bitcoin. There are other platforms that offer free bitcoin as a welcome bonus or as a gift to tournament winners. It would be a shame to miss out on these kinds of opportunities just because you do not have an e-wallet.

Cheaper Fees on Bitcoin Casinos

Unlike gambling sites which use regular currencies and charge a fee for managing accounts, it is not the case of BTC casinos which do so for free. But since nothing is really free in economics, you should know that the bitcoin platform commissions its services on each transaction made. But anyway, the fees remain cheaper.