25
Aug

Why choose an online casino that accepts Bitcoin?

The currency of a new era, Bitcoin allows its customers to have total control over their funds while offering them many advantages. First, its lack of links with a third-party government or banking institution is an advantage for both the online casino and the player himself. Unlike other currencies, funds can not be confiscated or frozen by anybody. Transaction processing fees make managing an online casino expensive.

bonus bitcoin

Many of them have decided to introduce Bitcoin among their payment solutions, transactions being processed for free or almost (unlike PayPal, Neteller or Skrill during your deposits or withdrawals). As a result, you will not have to pay any impromptu fees if you have a player account in an online casino that accepts Bitcoin. However, we invite you to consult the general conditions of use of the casino you have chosen, some gaming platforms imposing fees on their customers. This is particularly true in the US market where customers are required to pay withdrawal fees of up to 10% of their total earnings.

A method that is attracting growing interest

But this method of payment arouses a growing interest: not only would it allow players to withdraw their earnings faster (in a few hours against several weeks with conventional means), but it would also avoid the accounts of players to be frozen since the bonus bitcoin  are stored locally on their PCs! On the other hand, a PC crash causes the irremediable loss of a virtual wallet …

It is clear that the appearance of such a virtual currency, which has an official price and which is exchangeable for real currencies (1 bitcoin is worth about 10 € currently), poses new problems to the American financial authorities. They have not commented on it for the moment. The sites themselves are waiting to see if lawsuits will be launched against them for circumventing the laws … Anyway, this technology still a little “raw foundry”, created by geeks for geeks, seems to have the rating and gain momentum since even the European Central Bank is interested. It has just published a report on virtual currencies, their credibility and the possible consequences of their generalization. For traditional banks,