What Are the Benefits of Choosing a Cryptocurrency Casino Over a Traditional One

Why would any online gambling fan choose a cryptocurrency casino over a traditional one? It turns out there are a few differences that can sway the decision either way.

As the technological revolution continues we had better get used to the prevalence of digital currency because, it seems, the idea isn’t going away any time soon. Blockchain tech is here to stay. Anyone seeking bitcoin gambling sites is going to have a lot of choice for many years to come.

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Taking Advantage of Legal Grey Areas

If there’s one major benefit of using a cryptocurrency casino it’s that people usually barred from casino gaming because of their location can take advantage of a grey area in local legislation.

The anti-online gambling laws that are in place around the world normally focus on stopping the flow of money to and from the websites. Cryptocurrency skirts around this problem, with many of these casinos allowing sign ups from even inside the US, which was previously unthinkable.

There is also the anonymity factor. Even if you live in a jurisdiction where you can legally gamble on an online casino, blockchain technology allows for a greater degree of privacy. This isn’t to say that there is no digital trail, but you will have access to online casino services without having to hand over as much sensitive data.

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Better Deals

Cryptocurrency casinos can offer some great deals. Not in every case, but in many, the banking fee savings are partially passed back onto the customer. This can lead to much more value for your deposits, with many more hours of gameplay on average because of the bonus money.

Cryptocurrency casinos were once seen as the poor relation in the online gaming world, but that is now no longer. It has just taken some time for them to become normalised and trusted.

Let’s face it, as much as the banks try to screw everyone over, people still feel a high degree of comfort knowing that any issues can be taken care of by a massive support team. The cryptocurrency blockchain system is so simple with no need for these people that many gamblers didn’t have full trust that their funds were safe.

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Cryptocurrency Also Has Benefits for the Poker Industry

High-stakes poker legend Phil Ivey is getting on the bandwagon and has an ambassador role at leading cryptocurrency poker site Virtue Poker. If that doesn’t tell you that the tide has turned in favour of digital currency then nothing will.

Are we about to see a new era ushered in a decade after Bitcoin arrived on the scene?

Cryptocurrency also has the potential to give the online poker industry a boost for exactly the same reasons detailed above for online casinos. The fact that governments don’t seem interested in taking digital money seriously means that there is still a window of opportunity to recreate a real worldwide player pool—specifically, bringing the Americans back into the fold after the disastrous events of Black Friday on April 15 2011.

This is what everyone wants to see. Forget about any peripheral benefits that crypto has for moving funds around online, just remember that if governments don’t see it as real money, or a tangible asset, then no laws are being broken by offering cryptocurrency poker in restricted regions.

The problem that we have is that even though these sites currently exist, the major platforms have such a stranglehold on the industry that the situation effectively remains unchanged. Professionals will not all of a sudden move to a site that has very little traffic, and amateurs mostly follow the big names to sites that offer good deals.

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How to Buy Cryptocurrency

If you’ve never bought cryptocurrency before and have been thinking of trying out a crypto casino then there are a few things to know before you get started.

First, you must sign up to a cryptocurrency wallet. There is plenty of choice, so we recommend going with one of the big names. Once this is all done you will have a secure blockchain code that will store all of your digital coins, such as Bitcoin, Ethereum, and Dogecoin.

You pay for these coins in the same manner as any online shopping, using a credit/debit card or an ewallet such as PayPal. As soon as you have the coins in your crypto wallet you will then be able to upload them as funds to any crypto casino or poker room and get playing right away.

Don‘t forget that the bonuses for crypto deposits are much bigger that those offered for fiat currency uploads. Digital currency is faster, cheaper, and gives your bankroll an even bigger boost.

As a final reminder, any reader worried about breaking laws by gambling with cryptocurrency can put their mind at rest because this is absolutely not the case. Don’t listen to the naysayers, if you get stuck in then do so without fear.