In recent years, Bitcoin has become so popular among punters that while it has been over a decade since its launch, it has seen a fair share of ridicule and doubt. Today, it is by far the best and most popular gambling crypto asset in 2022.
What has turned out to be one of the most significant financial liberation and technological inventions over a decade ago is now the best monetary tool for online gambling . While some may argue that gambling operators have turned to Bitcoin so that they can partake in unsavory and illegal activities.
The fact remains that online gambling using Bitcoin is a thriving, legitimate, and legal business. These facts are ways to convince you why you should shift completely to Bitcoin gambling sites.
6 Reasons Why You Should Shift Completely to Bitcoin gambling Sites
It is no news that most reputable online sites are far from illegal. The truth is that they strictly adhere to the law, and in many cases, some gaming platforms restrict people based on their locations or the country’s gambling laws.
There are many reasons why you should shift completely to crypto gambling sites. Here are the six best reasons why you should switch from traditional gambling sites to crypto gambling sites.
A currency’s privacy should not be questioned if gamers have no skeleton in their closet. Well, I suppose you might be wrong. While gambling online may not be illegal in some parts of the world, it always comes with a tag.
When people are aware of your gambling nature, they tend to see you differently as an unsavory character, and your character is put into question. Most of the time, they see you as an addict. For those associated with online gambling , it is clear that most individuals do it for fun.
What is a more convincing way to shift to crypto gambling sites other than having privacy without having to worry about being judged by others? As a player, in some cases, you can choose to remain anonymous. This means you can keep your gaming sessions private and enjoy a truly anonymous gaming experience.
You can enjoy the benefits of BTC by shifting to crypto gambling sites because the digital currency is said to be the most secure in the world if you store it correctly. As long as you keep your crypto wallets away from prying eyes by keeping your phrases safe, you don’t need to worry about anyone stealing your money.
If a gambling site is hacked, the records of your credit cards, etc., are taken in the hack, which makes you the hacker’s next target. Let’s not talk about phishing and social engineering that tricks smart people into giving up their information to criminals.
Thankfully, crypto gambling sites use cutting-edge security technologies to keep your data and financial information away from hackers. This is unlike conventional bookmakers, who may not have adequate security measures in place when an attack comes,
With BTC, you are assured that your security is in your hands in the form of a private key. No crypto gambling site would ask for your private key or wallet password as it is decentralized.
3. Fast Payments
With the recent delays in transactions from the block size issue, Bitcoin payments are light-speed ahead of the conventional ways of funding accounts. Most transactions are confirmed in seconds, while some are in minutes, and it doesn’t matter how large the transaction is. Only in rare cases does it take a day to confirm a transaction.
Getting paid has never been super fast. With crypto gambling sites, you don’t have to wait for your funds to be paid into your wallet. All you have to do is to place a withdrawal request, and your Bitcoin payment will be processed as soon as possible by using the blockchain network, which is super fast and transparent.
Another reason why crypto gaming sites are great is that, with BTC, you can fund your accounts and withdraw your payouts instantly. Unlike the conventional way, where you have to wait for hours, sometimes days, before your payment is processed.
4. Cost Effective
In addition to delivering faster payments, compared to the conventional online payment system, Bitcoin is way cheaper. Bitcoin transaction fees are a fraction of the fees paid using credit cards and bank transfers when a player funds their wallet. A percentage is taken out of the transaction as a service charge.
One of the reasons you should shift to Bitcoin gambling sites is the cost-effectiveness benefits, which give the winners more of their winnings when they withdraw from the sites. It also saves money on credit card fees when users fund their accounts with Bitcoin.
Unlike other gambling sites, when you play on Bitcoin gambling sites, you can see the outcomes of your bets and their transactions. Bitcoin gambling sites value transparency above everything else, so they created their games in a way to remove doubts from the minds of players. In other words, all exclusive games are 100% fair.
6. Promotions and Tournaments
Bitcoin gambling sites pride themselves on offering the best promotions and tournaments for their players daily and weekly. This is done to enable and win over the player’s loyalty. As a player, you can pick from the various promotions offered. VIPs are also not left out as they enjoy specially organized promotions to participate in.
Participating players can test their mettle in the weekly tournaments, which feature different categories of Bitcoin games to win cash prizes. While these promotions and contests offer mouthwatering competition for players, new players can also enjoy some bonuses.
Crypto gambling sites are quickly becoming the best place for sports lovers and cryptocurrency investors. Before you begin your quest in a chosen gambling site, it is advised that you go through the review page to see what other people have to say. If you decide to shift to crypto gambling sites, try as much as possible to learn the best practices for keeping your Bitcoin safe.