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Today, we find crypto-currencies everywhere on the web, whether for trading, making purchases online, or recently, play online casinos. Indeed, during the first quarter of 2017, nothing but gains on Bitcoin have reached more than 160 BTC.
Are crypto-currencies becoming the new attraction for online gamers? Hard to say 100% for the moment. But still, there is growing interest in these new payment methods in the gaming industry. Indeed, the number of specialized platforms continues to increase. And for good reason, cryptocurrencies offer some advantages that can not be achieved by using traditional currencies.
Why crypto-currencies are adapted to online gambling
Online gaming sites try to accept as many payment methods as possible to make it easier for members to make deposits and withdrawals. But it is not only classic currencies that have been accepted for some time in the "payment" sections.
These sections on online casinos are similar to the PokerStars App's Cashier feature, which means that from there you can do secure banking transactions (deposits and withdrawals). ). The methods of payment proposed to vary generally according to the establishments, but some are specialized in crypto-currencies such as Bitcoin, Ethereum, Litecoin or Dash.
The methods of payment proposed to vary generally according to the establishments, but some are specialized in the crypto-currencies. No conventional motto is accepted, which demonstrates the scale of the Ethereum phenomenon and the impact of many other currencies.
The reasons for this craze are rather simple. Already, crypto-currencies are compatible with online casinos because they evolve in the same universe namely that of the virtual. In addition, they can be managed only from a protected electronic system, which has the advantage of constituting a security guarantee for financial transactions (withdrawals of earnings or deposit). But above all, these virtual currencies have an independence that can not own conventional currencies, since they do not depend on any bank.
Moreover, there is no risk of limitations by the bank, no more failed payment, and even less risk of being denied access to an online casino because a banker does not trust you. The player can have his money as he sees fit. But this "independent" side of virtual currencies is not without inconvenience. It turns out that because they are volatile, crypto-currencies are somewhat fragile. Nevertheless, the system is very secure.
Withdrawals and deposits with virtual currencies
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Payments made with crypto-currencies are discreet and fast. In addition, they can be performed on any gaming site, whether you access it from a mobile device or a laptop. As we said before, this method of payment does not depend on any bank. The advantage with transactions is that there is no processing time. Any payment made is therefore received instantaneously. In addition, the cost of expenses are very minimal, not to mention that they are almost nonexistent, especially since you will have at most a few cents to pay. Security level, apart from some slight risks, transactions are protected from any possible theft.
Crypto-currencies are one of the preferred payment methods of some online casino players, especially for their discretion and speed. According to some journals, these virtual currencies could represent the future of the online betting industry in terms of means of payment. A day will come when crypto-currencies will become the currency par excellence on online gaming sites? It remains to be seen.
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IOTA: UKLNL9KXJKIIKPGDYS9AUGUKDOKPNAZ9THYSXAKFYEVURGO9CQI9XGPMPHUBOTXDDGGEWHQG9LYSIBIFWKXBITNNGB
Ethereum: 0x63a65a8f8e850e58d941afe55df4c213295befcd
Bitcoin: 1EVbgEB2hRYoJjWckzDSXNHtAmQEPdRnHC
Litecoin: LXM1o2mvUmSMCS1a9z8X91JGGZ4os1crps
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency. I'm not an investment adviser and the information shared on my blog is not meant to be a solicitation or recommendation to buy/sell any instrument. Future trading results can never be guaranteed.