Cryptocurrencies and Online Casinos

Cryptocurrencies and Online Casinos – When it comes to cryptocurrencies, Bitcoin is the first one that comes to mind. That is because Bitcoin is the most popular of all cryptocurrencies. Furthermore, it is the mother of all cryptocurrencies. There are however other types of online currencies that can be used at online casinos like

Why Cryptocurrencies?

It only seems to make sense to gamble with cryptocurrencies when you play at online currencies. The most obvious reason for this is that the currency is used online; therefore, an online market is where it is most likely to flourish.

There are other reasons why people prefer to gamble with cryptocurrencies as compared to the physical cash. Transactions made by the online currencies are faster, this is because there is not much congestion when it comes to their use. Furthermore, the currency is already online, so the transactions are naturally swifter.

Another of the many reasons why people prefer to use cryptocurrencies is that the account cannot be shared. This is minus all the questions that will be asked if you decide to gamble without your partner’s permission. Using a joint account can easily reflect to the other account holder when funds leave. Therefore, a cryptocurrency allows players to game in peace.

Furthermore, cryptocurrencies have no third party involved in the truncations. The funds are directly transferred to the online casino’s sites and you can learn how online pokies accept payments by visiting machine à sous on your desktop or mobile device.

Cryptocurrencies that can be used

Other than the popular Bitcoin, there are other cryptocurrencies that people can use to gamble with. These may not be as popular as Bitcoin, but they surely have value. Dash; Monero; NEO; Straits; NEM; Zcash and Ripple are but a few of the other cryptocurrencies that you can use to gamble with.

Before you gamble, you should confirm if the casino takes cryptocurrencies. Though many online casinos accept cryptocurrencies, some only accept them as a deposit only method. While there are some others that accept them as a withdrawal method as well.