Long gone are the days when online and mobile casinos only accept credit and debit card payments. Today, mobile gambling apps support e-wallet and cryptocurrency payments like Bitcoin. However, most online players are yet to understand how Bitcoin really works and its benefits. So, if you're looking to join a Bitcoin-playing mobile casino, here's a complete rundown of what to know before signing up.
What is Bitcoin and How Does It Work?
Bitcoin (BTC) is a digital currency or virtual currency that is the online version of cash. Bitcoin users can buy products and services, although some countries and shops are yet to accept it as a payment form.
Unlike typical fiat currencies like pounds and dollars, Bitcoin isn't regulated by any given country's central bank. It functions in a network of computers that determine its production and value. When making a Bitcoin transaction, you'll use a unique address to allow free and fair dealing. This is, in fact, the greatest benefit of using cryptocurrency payments like Bitcoin.
Why Use Bitcoin Payments?
The biggest advantage of using Bitcoin on mobile casinos is because any bank or government doesn't regulate it. In short, your funds can't be withheld by any bank or authority. Therefore, the BTC funds will always be ready to use on Bitcoin mobile casinos. This can be very important, especially to players living in restricted gambling areas.
Another advantage of using BTC when playing on mobile casinos is that you'll enjoy more freedom and anonymity to transfer funds. Generally, most BTC mobile casinos won't subject you to those tedious ID verification processes. This way, you'll have more control over your personal information.
Lastly and arguably, more importantly, BTC allows players to enjoy fast and seamless transactions. It's vital to remember that you can withdraw Bitcoin payments in typical currencies. This enables a quicker transaction than when using other payment forms like bank transfer, credit cards, and e-wallets. Plus, most crypto-only casinos process payments in less than half an hour.
What Games Can One Play with BTC?
Bitcoin allows players to access several mobile casino games developed by renowned and upcoming software developers in the iGaming scene. You can play a wide variety of slots, including 3D slots, video slots, progressive jackpots, and more.
Additionally, players can access classic varieties such as Bitcoin baccarat, roulette, and blackjack. What's more, keno, poker, and scratch card fans also have something to enjoy. Overall, Bitcoin casinos offer virtually all types of games you can play on any casino.
What Bonuses Can You Get on Mobile Bitcoin Casinos?
Aside from offering a great collection of games, Bitcoin mobile gambling apps also provide exciting Bitcoin bonus deals. New players can grab free spins, no deposit bonuses, and more. Below is a complete teardown of BTC casino bonuses:
- Welcome bonus
- Free spins
- No deposit bonus
- Cashback Bonus
- Bitcoin faucet
- VIP program
- Refer-a-friend programs
Are Bitcoin Mobile Casinos Safe?
Absolutely! Bitcoin mobile casinos are some of the safest you can find. Just like other casinos, Bitcoin casinos operate under renowned bodies like the UKGC and MGA. Also, these casinos use SSL encryption to ensure 100% protection of personal data. And unlike fiat currencies, which are regulated by central banks, BTC operates on a peer-to-peer network platform. This makes it challenging to identify or seize the source.
Before joining the exciting world of Bitcoin casinos, it's vital to understand how it works. Also, you stand to enjoy many benefits if you opt for a bitcoin casino. On top of the ones mentioned above, you'll get the all-important payment flexibility. So are you ready to join? Just buy a few BTC and get cracking!