October 30, 2020

Gaming with Crypto

With the popularity of Bitcoin, there are still a lot of questions whether it is legal or not. There is actually a big grey area regarding its legality. This is because the transaction is only between two parties. It is also not controlled by the government or any banking institution.

In simple terms, the main purpose of Bitcoin is to have freedom of exchange without a middleman. This is also the reason why the transaction fee is not that expensive. You can even place multiple bets at Bitcasino any time.

The only downside of Bitcoin is that its value depends on its supply and demand, cost of mining, and increasing competition among other cryptocurrencies.

The best thing about Bitcoin is that you can use it to buy anything you want. In fact, you can even buy your dream car using Bitcoin.

BTC can also serve as a storage or a transfer medium. Storage in the sense of it is where your assets are invested. It can also be a transfer medium because of how universally accepted it is.

However, here are some of the things you need to look out for when using Bitcoin:

  • Make sure that your Bitcoin wallet is secure
  • The value of BTC might increase or decrease all of a sudden
  • Once the payment is made, it is irreversible

Placing Bets Using Crypto

Anonymous Transactions

Even if you make multiple transactions at Bitcasino, your information won’t be revealed. This is because you do not need to provide your personal details. All you need is your Bitcoin or e-wallet address.

When you register an account at Bitcasino, you just need to provide your preferred user name, active email address, and password.

Little to No Restrictions

Since cryptocurrency is not controlled by the government, everyone is welcome to play. As a matter of fact, you do not need to worry about a lot of rules. Just play within the terms and conditions and you’d be fine!

The best thing is that you do not need to wait in line!

Here are some of the countries wherein the use of crypto is allowed:

  • Japan
  • Ukraine
  • Switzerland
  • Netherlands
  • Lithuania
  • Estonia
  • Malta
  • United Kingdom
  • Germany
  • Bermuda
  • Slovenia
  • Singapore
  • Georgia
  • Belarus
  • Hong Kong

On the other hand, here are some of the countries wherein the use of crypto is neither legal nor illegal:

  • Jordan
  • Gabon
  • Argentina
  • Colombia
  • Albania
  • Kenya
  • Nigeria
  • Panama
  • Uruguay
  • Kazakhstan
  • The United Arab Emirates
  • Peru
  • Tunisia

Tons of Games Available

With the use of crypto, you can now play games without the hassle of bank transfers or using your credit card. In fact, there are more crypto games than you could ever imagine.

Access to Entire Transaction History

The best thing about crypto is that you have access to the entire transaction history. This is because of its blockchain technology. It is basically like a public record book of the crypto world.

More Bonuses and Rewards

The more you play using Bitcoin, the more bonuses and rewards you’ll receive. With these bonuses and rewards, your chances of winning will also increase!

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