The world of cryptocurrencies is constantly evolving and with it, there are new benefits that people can enjoy. The 10 benefits of bitcoin slots are a good place to start when looking at online casinos. In this article, I am going to take a look at 10 reasons why you should choose bitcoin casinos over fiat currencies for your money-based entertainment needs.
Bitcoin slots have been available since the launch of SatoshiDice, which is the first gambling website built on Bitcoin. Some of you might remember this one from back in 2012 when it was all the rage. However, bitcoin slots were never as popular as they are now because cryptocurrencies were not a mainstream thing yet. Nowadays, cryptocurrency casinos are gaining more and more attention, so let’s take a closer look at the 10 benefits of bitcoin slots.
Benefits of Bitcoin Gambling
1) Low house edge
The house edge on bitcoin slots is lower than it is on many other casino games. For example, roulette’s house edge can be as much as 5.26%. Bitcoin slots average around 2.7%.
2) Access to bitcoin dice
There are many derivatives of the game of craps online where only one game is actually being played. These include sports betting, lottery tickets, and scratch cards among other things. Some of the games use the same betting system as craps and others, like bitcoin dice, do not. They all combine elements of chance and skill to create a unique and popular form of online entertainment today.
3) A new, modern trend
Many people like bitcoins because they are a part of an entirely new era in terms of currency. In fact, the currency is a part of a technological age that has brought in a new golden age for online casinos.
4) Access to provably fair games
Bitcoin slots, like many other games in an online casino, are subject to random number generators (RNGs) which create truly random numbers by using algorithms. Players can verify whether or not these RNGs are fair by checking them against their own computer’s random number generators. However, not every crypto casino is provably fair, so I recommend prioritizing only reliable platforms such as SlotHunter.com.
5) A fast, easy way to pay
While fees are associated with bitcoin transactions in general, when they are used to send bitcoins for online casino games, there is no fee at all. This is because the fees for transactions are reduced when paying less than $1.
6) Instant deposits and withdrawals
For bitcoin transactions, the funds are sent instantly to and from online casinos. This means that you can play your favorite games with ease and know that your money is always available for such.
7) No government intervention
Bitcoin has no central authority where it’s regulated or managed by a government. This means that players can never be held accountable to anyone, and their personal information remains confidential.
8) Safety and security
We all know how important it is to keep our transactions safe and secure. The use of bitcoin ensures this like no other currency or payment method does. Moreover, the decentralized nature of the currency means that there is not just one single point where money can be lost or stolen from.
9) Low fees
The use of bitcoin ensures that all transactions take place with extremely low fees. This is another reason why online casinos prefer to accept bitcoins as their primary payment option for deposits and withdrawals.
10) Easy to find a casino
There are hundreds of top-quality bitcoin casinos that you can find with just a few clicks. All of these are fully licensed and regulated, so they provide players with the best experience possible.
What’s more, there are many mobile casinos today that accept bitcoins as well.
In Wrapping Up
As you can see, there are many benefits of using cryptocurrency. The only thing you need to do is find the top bitcoin casinos that accept this payment method and start playing. By using crypto coins, you will have more control over your money. Not only are they easy to use online, but there are so many different games that can be played with them.
With bitcoins, you can bet anytime and anywhere. As long as you have access to the internet, there are no restrictions or waiting periods when using these coins. The use of bitcoins ensures that players get the best deals possible. The low fees involved with this payment method make your winnings higher than ever before.
If you want to have an extra layer of protection on your transactions, then this payment method is what you need. Since there are no central authorities involved in managing it, players remain anonymous at all times.