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Bitcoin payment in online casinos

Bitcoin digital currency has had its ups and downs in recent years. The rapid increase in the exchange rate has also made encrypted currencies attractive to the masses of consumers. Since 2017, more and more payment options have emerged. This includes online casinos, which are always at the forefront when it comes to discovering and adapting to new trends.

Why online casinos?

Over the past decade, online casinos have established themselves as a successful alternative to traditional live casinos. The reasons are obvious. In casinos, which in the European area are usually run by public or recently privatized companies, a strict code has long prevailed. 

Yet the foreign supply is vast and floods the market with innovative and attractive casinos. It is therefore not surprising that online casinos are spreading rapidly with the growth of faster and better Internet connections. Some providers have already responded to the demand for a payment option with digital currencies and have thus developed in Bitcoin casinos.

Why this trend? 

Online casinos offer their customers the opportunity to play in the comfort of their own homes. The range of games on offer is huge and available 24 hours a day, with the simple waiver of a ticket. The player is free to decide when and where they want to play and can start or stop playing at any time. The development of reactive pages or own applications for iOS on iTunes and Android in the Google Play Store has finally freed the game from the chains. Today players can also play on the subway, in the waiting room of a doctor or during their lunch break. All they need is an Internet connection. This has led to the development of a large new market in recent years, and offers are constantly increasing, including not only famous casinos like these https://casinoguy.org/, but also challengers and physical casino companies are trying their luck.

Technology at the service of online casinos

In order to keep online gambling attractive, casinos always have the wind in their sails technologically. The high turnover rate gives you a better chance of winning than in a live casino. Speaking of live casinos: Most online casinos offer both chat rooms and live games with a dealer to recreate an atmosphere similar to that of a physical casino. 
Player protection is a very hot topic and here again, online casinos have made a lot of progress. Serious online casinos have been working for a long time now with licenses from reliable suppliers that guarantee that everything is in order. These casinos are regularly monitored by external companies. The transmissions are encrypted and guarantee the protection of your personal data, both when depositing and withdrawing money.

A new digital payment method

And that's where digital currency comes in. Bitcoin has established itself as an additional deposit option for large, well-established online casinos. To deposit Bitcoin into your online casino, you don't need much more than your wallet, where the Bitcoin owner keeps his coins. They are used to make deposits with a service provider such as Neteller or Skrill, which converts Bitcoins into a currency and then transfers the amount to your online casino account. All this is done securely and anonymously. Digital currency is still relatively young and therefore joins a number of well-known online payment methods such as bank transfers, credit cards, PayPal, Neteller, Skrill or debit cards.

Casino Online Bonus

The most important topic for many online players is certainly the welcome bonus, or rather the permanent offers that online casinos offer. If you pay an entrance fee in a land casino often, new players in an online casino receive their own bonus to play.

This bonus can take several forms. These are mostly free spins for some slot machines. The new customer can then first test some games and find out whether or not they like these slots. Free money is particularly popular among players. But this is only very rarely granted, finally, the online casino wants to win money and not just bring it to people. Those who feel comfortable in the new online casino and want to continue playing can now choose from a number of deposit options. For the latter, most casinos grant a so-called welcome bonus. This usually doubles the amount deposited.

For example, if you deposit 20 euros, you can play in the online casino with 40 euros.

If an online casino also offers Bitcoins as a payment method, this bonus also applies to digital currency. Friends of Bitcoin should therefore check their provider's website in advance, where they will find all the information they need. This is the easiest way to find out if online casinos accept Bitcoin and then deposit it into their new online casino account.