Cryptocurrencies are all a rage these days. They have taken the world by storm, with Bitcoin and Ethereum becoming household names. Despite their popularity, many people still don’t know much about them. They may not be aware of the various ways that a cryptocurrency can be used. In addition to buying and selling, cryptocurrency can also be used for betting and gambling.
In fact, there are now a number of online casinos that allow you to gamble with Bitcoin and other cryptocurrencies. Contrary to the popular belief, cryptocurrencies are not just for experienced traders, as several cryptocurrencies are designed for beginners.
In this blog post, we’ll be discussing some crypto-betting facts that you may not have known.
Legal Crypto betting websites are more trustworthy than traditional bookies and casinos.
There are numerous options available when it comes to cryptocurrency gambling. When choosing a new casino, one factor that some people overlook is its reliability. Legit crypto betting sites are usually more trustworthy than any local bookmaker. A bookmaker usually sets and sells odds on upcoming events. Accepting bets on a market and pricing it in a way that does not reflect the actual likelihood of the events is how bookmakers make money.
On crypto betting platforms, you get an excellent level of security. All operators use reliable hosting services and the latest tech in the industry to ensure all your data and transaction are secure.
Crypto betting offers higher privacy and anonymity.
One of the numerous reasons online gamblers prefer to open an account with a crypto-backed website is that they do not have to share any financial information about themselves. They can make safe transactions with Bitcoin and other digital currencies since they are validated swiftly via public blockchain. The protection of gaming users’ personal information further decreases the possibility of data theft.
You can make deposits and withdrawals at a blazing speed.
Many gambling sites may take a couple of days to process withdrawal requests when a credit card or fiat currency is involved. Crypto payments simplify the process for an online casino platform – from deposits to withdrawals. Blockchain technology helps in processing payments faster. An online bitcoin casino may take 10 minutes to an hour to confirm the payment. This is significantly faster than using traditional currency.
Bitcoin casinos offer a wider variety of games.
Bitcoin casinos offer much more extensive casino game options than regular online casinos. The Bitcoin software is designed to be more versatile and can be used for broader purposes. You can find games like poker, blackjack, roulette, and slots, as well as many other options. Bitcoin casinos are ideal for players looking for a more diverse gaming experience.
Crypto betting comes with bigger bonuses and VIP programs.
When you bet with cryptocurrency, you get a lot of benefits and special programs that you don’t get when you play with regular currencies. Some examples are sign-up bonuses, referral bonuses, VIP programs, and deposit matching schemes. Even though bonuses are common in traditional casinos, crypto sites offer bigger bonuses and prizes.
Be cautious when selecting an iGaming site.
Online fraud is widespread in the crypto gaming and betting industry if you’re not cautious. Not all iGaming sites that accept Bitcoin and other cryptocurrencies are trustworthy. Many internet casinos exist solely to defraud you of your funds. They’ll let you deposit money and even allow you to gamble on sports or play casino games. However, if you decide to withdraw your winnings, these sites will either block your account or give you various reasons why you won’t be able to do so.
Why should you bet with BTC365?
At BTC365, we aim to provide a fun and fair online gaming environment to our users, and gambling with cryptocurrency helps our purpose. We use four cryptocurrencies on our platform: Bitcoin, Ethereum, Litecoin, and Tether (USDT). It is noteworthy that we are backed by industry professionals and regulated worldwide by E-Gambling Montenegro with a decade of experience delivering rich I-Gaming experiences.
Apart from faster withdrawals, lower transaction costs, and enhanced security, we offer the following benefits to our users:
Three Sportsbook and E-sports products: Our Sportsbook covers over 70,000 matches every month, allowing all players to triple their betting limits and win 365 days a year. Our platform covers up to 35,000 Esports matches every month and offers a lot of bet types if you’re interested in Esports.
In-House and External Games: You will never be bored with BTC365, as we will spoil you options! Crash game, dice, Hi-lo, and Solo Crash are one of the several unique crypto games we offer. All our in-house games use “Provably Fair” cryptographic technology to ensure a fair outcome. A third party cannot tamper with the game processor’s outcomes with this technique.
VIP Lounge: Our VIP program can provide you with many advantages. When you reach our VIP rank, you will be rewarded twice. Choose a cryptocurrency to fund your account with. A Mining Multiplier, which boosts the number of BTC365 tokens generated on each unit wagered will help you win NFTs, Genesis Tokens, iPhones, and other exciting prizes.
Join BTC365. Bet with cryptocurrency today and win
If crypto betting games piques your interest, now is the moment to join our platform. It’s simple to get started with bitcoin betting at BTC365. Complete your registration as a first step. Recharge your wallet with your preferred digital currency. Start betting on a variety of games. We have enticing welcome bonuses and offers. Bet now with BTC365.