Quick Withdrawals/Deposits Top List of Reasons to Play at a Crypto Casino

Published on January 4th, 2018 3:03 am EST


Unless you have been living under a rock, crypto currencies such as Ethereum, Bitcoin and Litecoin are seemingly taking over the world.

As a matter of fact, as of this moment, crypto currencies currently have a value of roughly $600 billion, with Bitcoin leading the way with a capitalization in the hundreds of billions of dollars.

Due to the popularity of crypto currencies, crypto casinos have popped up in recent years.

These crypto casinos allow you to withdraw and deposit via your favourite crypto currency is choice - some of the supported crypto currencies that I've seen include Bitcoin, Litecoin and even Dogecoin.

Now, there are obvious danger to dealing with crypto currencies in general, with the biggest danger being the volatility of these currencies. For instance, Bitcoin, which is the largest crypto currency in the world, has been known to fluctuate by as much as 20% in a single day. You could purchase Bitcoin, send it to your favourite crypto currency casino and then be down by 20% in a single day, based entirely on the value of Bitcoin.

Having said that, there are clear benefits to dealing with crypto casinos as well, including:

1) Withdrawal/Deposit Ease of Use/Speed. Using your credit card to get money onto a casino site can be a major pain in the behind. Your bank may deny the transaction. You may have to pay exorbitant fees. If you decide to go with a bank wire, you may have to wait upwards of a week for your transaction to go through.

With crypto currencies, transactions are nearly instantaneous and your fees will likely be very low.

2) Increased anonymity. You are never fully anonymous with crypto currencies, though you will certainly be a lot more anonymous using crypto currency rather than a Visa card. If you want to keep your casino activities low key, crypto currencies are the way to go.

3) Increased security. A hacker could get your credit card number from a casino site. A crypto currency wallet, on the other hand, can be properly secured to ensure that there is practically no chance of having your money stolen. Having your money stored in a cold wallet makes you much, much more secure than using a credit card online.

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Crypto currencies are a perfect solution to the problems that can arise when trying to fund an online casino account. With a bit of research, using a crypto currency to fund your account is safe, convenient and strongly recommended.