All about Bitcoin casino games online
The arrival of Bitcoin and other cryptocurrencies enabled by blockchain technology was a game changer (if you’ll excuse the pun!) for the world of online casinos. Here we take a quick look at why playing Bitcoin Casino Games Online has become so popular, and how they work.
How the online crypto casino games betting process works:
Like standard online casinos, Bitcoin casinos run on highly specialized software that allows thousands of players from across the globe to play their favorite slot, card, live dealer and table games simultaneously and securely. Unlike a standard online casino which deals in just one currency such as US dollars, for example, a Bitcoin casino such as VegasCasino includes an integrated Bitcoin wallet with each user account.
Players simply transfer Bitcoin into this wallet to start playing Bitcoin games, and receive their winnings into the wallet when they're done. They can then withdraw their balance and do whatever they wish with it – moving it to their own off-site wallet or trading it for cash on the cryptocurrency exchange platform of their choice.
Are there any advantages when you play Bitcoin casino games online compared with traditional currencies?
Yes! Unlike casinos which rely on traditional fiat currencies, which by their nature incur transaction fees and may have set limits attached, Bitcoin was specifically designed to work differently. While the player’s Bitcoin is within the online casino’s system, so to speak, an unlimited number of free transactions become possible. You may still incur charges when transferring your winnings out of the system (back onto the blockchain) when you're done, but these tend to be significantly smaller than the bank charges you’d receive moving fiat currency. There are also none of the delays which can be experienced when ‘official’ financial institutions are involved.
Another big advantage to paying with Bitcoin is anonymity – as transactions made on the blockchain only contain input and output addresses, and the amount being transferred.
Safe, fast, anonymous - and with the chance to win some truly massive jackpots - it’s no surprise that so many fans are flocking to play Bitcoin Casino Games Online!