Gambling is more than just a hobby for many people. Indeed, it’s an industry that generates over $240 billion in revenue per year. It can be a safe and enjoyable way to make money if you do it responsibly and manage your finances responsibly. However, not everyone is happy about this industry, and some governments have gone as far as to ban gambling.
Cryptocurrency offers a new way of gambling that doesn’t involve banks or governments. In the past decade, gambling has been revolutionized by cryptocurrency. It can significantly simplify your life as a gambler – from deposits to withdrawals, payments and everything in between. Transactions are completed in seconds, and cashing out is easier than ever.
One of the most popular platforms for cryptocurrency gambling is BTC365. Users can deposit and withdraw funds and they can choose to gamble with real money. We use the popular cryptocurrency Bitcoin which makes it one of the most secure online casinos. We offer peer-to-peer betting for all sorts of crypto casinos and games. Read on to learn how you can gamble with cryptocurrency on BTC365.
What is crypto gambling?
Crypto gambling is a relatively new way to gamble on the internet, which doesn’t rely on any banks or credit cards. It means that you use digital currency in place of conventional currency to load up your virtual wallet. It relies only on the blockchain. If you’re not familiar with blockchain technology, it was first introduced in 2009 and has since taken over the world of cryptocurrency.
The idea of crypto gambling is that it is completely decentralized, meaning that no one person or organization can control how it works. This also means that there are no fees for withdrawals at all. It offers an unprecedented level of security, privacy, and anonymity. You can also enjoy much faster transaction times compared to traditional banking systems.
Some people are drawn to crypto gambling because they can bet anonymously or avoid having to give out sensitive financial information. Others find trading cryptocurrencies to be more lucrative than traditional stocks and sports betting.
It might seem like cryptocurrency is just about making money and getting rich quickly, but that isn’t the case. With crypto gambling, you can play games such as slots or blackjack and win big, just like any other type of casino game.
If you’re interested in trying out this type of gambling for yourself, here are some ways to get started!
How to start crypto gambling on BTC365?
On BTC365, you can play live crypto casino games and slots games. If you’re a sports lover, you can bet on Esports. Do follow the steps mentioned below to begin your crypto gambling journey on the No.1 online crypto i-gaming site.
- Complete registration
You can either join with your Gmail or Facebook ID or you can register by filling out your details
- Select cryptocurrency
BTC365 offers online gambling with 3 different cryptocurrencies: Litecoin eg Bitcoin, USDT, Litecoin and Ethereum.
- Recharge your crypto wallet
Before betting or gambling, you have to load up your virtual wallet with your chosen cryptocurrency. Currently, you can buy some digital currency with Coinbase, Binance, and MoonPay on our website. For your convenience, we have added tutorials for each option.
- Start crypto gambling
You can use your digital currency to wager on several games. Play as much as you want. You can withdraw your winning amount with the same virtual wallet. First, you will have to verify your account on the platform. After that, you can exchange your cryptocurrency with legal currency. On BTC365, we don’t charge any fee on deposits and withdrawals but you will have to bear the usual crypto transaction fees when transferring your crypto to the platform.
Why should you gamble on BTC365?
BTC365 is licensed by E-Gambling Montenegro. We offer numerous and exciting features, games, and rewards to our users. We also provide a dual Sportsbook platform with the best odds covering over 70,000 matches monthly.
What sets us apart is our unique feature of the BTC365 dividend pool. You can participate in our platform’s revenue through the dividend pool. This revenue is distributed in ETH, mBTC, or USDT to the players. It’s worth noting that players will earn dividends based on the number of BTC365 tokens in their wallets.
The BTC365 token is our native token. By participating in various activities on the platform, you can earn more BTC365 tokens. Users with more BTC365 tokens, for example, receive a higher share of the dividend pool.
As you can see, the only difference between traditional gambling and crypto gambling is the choice of currency. Every step is simple. With cryptocurrency, you can deposit and withdraw funds at a blazing speed. You can also maintain the anonymity of all the transactions. If the idea of gambling with cryptocurrency sounds appealing to you, then join BTC365. Bet and win crypto.