Bitcoin Gambling Codes
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One thing is certain and that is Bitcoin Gambling is here to stay and is the fastest growing currency in online casinos. The reason it has become so popular is that of its advantages against other forms of currency which are used for gambling. Indeed the reason there has been an explosion of online casinos accepting Bitcoin is because BTC not only favors players but also favors the casino. Let us take a look at the advantages against fiat currencies.
Firstly there is the speed of transactions. Because Bitcoin has no third-party like a bank or financial institute to worry about, the transactions are nearly instant, unlike the time it takes to transfer money from a bank account which can take days to confirm. In addition, there is the cost which can be very expensive especially if the funds are going to an account, not in your own country. Also, the banks charge a considerable amount if they have to convert your funds into another currency for acceptance in another country. It is so easy to just point your phone at the screen and be able to pay so instantly.
Secondly, there is the anonymity provided. There is often a stigma attached to gambling by cynical banks even though that is what they do every day on the stock market, and if they notice your withdrawals to casino sites this can often have an adverse effect on your credit rating and affect your chances of credit in the future. Many assume all gamblers are addicts since the truth is that it is only a very small percentage overstep the amount they can afford and millions have great enjoyment and often good luck in this highly entertaining industry.
The third reason is the security of Bitcoin. Provided you use common sense and keep your wallet safe than with the SSL encryption and unique way the blockchain works your funds will always be the safest that is possible. Compare this with the tales we here of bank accounts being hacked and data stolen and you can see that your funds are so much safer than banks or PayPal or any other third-party financial company.
The fourth reason is that as before mentioned casinos love Bitcoin as well. This is because it cuts down their costs due to having no bank fees and players can get instant access. This results in them being able to give much better bonus offers and lower their house odds which can really benefit players. Bitcoin has also been the reason that casinos have invested great sums of money to modernize the gaming industry with constant new games and improvements in sound and graphics along with provably fair technology which has been the reason for the industry gaining a better reputation than it has in the past.
Therefore you can see that using Bitcoin can overcome problems that exist with using fiat currency and has lots of advantages and very few negatives. We love it and were you will when you take advantage of our Bitcoin Gambling promo codes and welcome promotions from the best BTC Casinos.