Bitcoin casinos have exploded in popularity recently with many people now looking for cool games to play. On such a website, just like on the vast majority of online casinos, nice bonuses are offered. But what is unique about these crypto casinos is that they also accept payment with Bitcoin which makes it easier for those who own crypto.
Bitcoin as a gambling fund
Bitcoin is the world’s most popular and most valuable cryptocurrency. It has grown tremendously since it was first launched in 2009. Now a Bitcoin is worth about NOK 195,000, but historically it is worth even more. So those who have Bitcoin have some money to spend, and many prefer to use it when gambling online. This is partly because they are protected by blockchain technology, which ensures that no one can cheat or lie about payments or deposits.
1. The very first crypto casino
Bitcoin as a cryptocurrency first appeared in January 2009, after a person under the pseudonym Satoshi Nakamoto launched it. Less than a year and nine months later, the first crypto casino was launched. This was called SatoshiDice online casino and they were able to accept their first Bitcoin gamblers in October 2010. Here the very first bet was placed on the K-League football competition in South Korea.
It was no more than 0.2 Bitcoin, which was worth $24 at the time, and just over 18,000 today. The casino still exists, but is not as popular. Part of the reason is that they do not accept any cryptocurrency other than Bitcoin as payment.
2. Crypto gamblers are more anonymous
Although gambling is a common and potentially very exciting hobby, there are many people who wish to remain anonymous on the various gambling sites. This can be for various reasons, including work, profit and income. When you gamble with cryptocurrency, you have exactly this opportunity to be more anonymous. This is because crypto casinos online are completely decentralized and unregulated, meaning that transactions are not linked to the identity of the player and the site does not ask Bitcoin gamblers for any personal information.
3. Lower rates
In connection with deposits and games, there are some costs associated with gambling, which can be annoying for many. On the other hand, when you gamble with cryptocurrency, you can worry less about this. There are lower and less fees here as the casinos are looking for cryptocurrency with low transaction and exchange fees. Many Bitcoin casinos even offer free transfers to your Bitcoin wallet.
4. More games to gamble
Games are, of course, an incredibly important part of playing in online casinos, and gambling with cryptocurrency actually gives you the opportunity to try out more games.
Many crypto casinos offer more variety in gameplay and games from a number of categories. Some crypto casinos offer both casino games and sports betting, and in some cases even crypto trading.
On average, you can watch between 300 and 500 different gaming experiences on such sites, and many games are completely unique to each individual platform.
5. Good customer service
Another great advantage of playing at crypto casinos is the good customer service. It is set up so that you can always contact the site if you have any questions about transactions, exchanges, bonuses and games.
The best Bitcoin casinos offer all this and more, with some pages even having VIP communications with some of the most loyal customers, and you can contact them on a variety of digital platforms.
Bitcoin casinos are always digital and online, which means that both you and customer service can be logged in at any hour of the day. This is a great advantage, and a luxury you only get at the best casinos. This is one of the many good reasons to take a good look at the casino you want to play at so that you can make sure it is safe and can provide you with the help you need.
6. New casinos
When you gamble online, you will often find a casino where you prefer to play. This way you get to know the site well and you always play from the same user. Nevertheless, it is always exciting to check out new sites, to see what new games are available and if there are different bonuses elsewhere.
New crypto casinos are being created all the time, in fact up to 150 casinos a year! The online casino industry is hugely valuable and growing every year, and among these we find crypto casinos, which are increasing in value.
There is a great demand for such pages, which is why many new pages are created every year.
7. Exciting Bonuses
One response to the increase in the number of ideas people can play on is bonuses. The already existing pages must ensure that they remain relevant and new pages must be able to compete with the pages that already have many customers. They do this with the help of bonuses, which can be very nice and beneficial for you to use. There are many different bonuses, for example welcome bonuses.
You will find these at the vast majority of online casinos and they can include different types of bonuses. It is common for them to have free spins, which can be used when playing slots. In addition, you can get deposit bonuses that increase your first bet by a fixed percentage.
Such bonuses make it a bit more fun to start, if it is more desirable to continue playing.
Cryptocurrency has been a relevant topic since Bitcoin launched in 2009, and it’s no wonder that many people want to use them for gambling. Right now, many people are keeping their eyes peeled for Bitcoin’s little brother and changes in the network. This can also be used for gambling. Crypto casinos help connect a number of hobbies and interests such as gaming technology, money, cryptocurrency, trends, sports, gambling and much, much more.