Bitcoin casinos: are they worthy? What are the pros and cons? What platform to choose? Check here!

BTC casinos: a quick guide

Nowadays, companies are increasingly looking for solutions based on cryptography. Thanks to this technology, all operations remain transparent, and data falsification is practically impossible.

Blockchain facilitates data entry, transfer, as well as settlement of transactions. No wonder cryptography works great in many industries: financial, energy, or transport.

We expect more and more credibility in every area. This also applies to online casinos. Until now, most sites deliberately hid some of the data, which discouraged players. There were suspicions that companies cheated during draws and games.

Fortunately, more and more online casinos are introducing blockchain solutions. Transparent, decentralized platforms are created free from interference from third parties. Fairspin is the first online casino that is entirely based on blockchain technology.

What is better to choose: bitcoin casino or traditional online casino?

According to our assessment, bitcoin casinos offer better playing conditions. The casino does not affect the results, withdrawals, and other aspects of cooperation in any way. A smart contract guarantees a specific prize pool. 

Security in bitcoin casinos:

1. Each player sees bets from other players who participate in the game.
2. Smart contracts guarantee no changes made during the draw.
3. The blockchain system saves your bets.
4. You can check the outcome of each game played in the casino.
5. Your data is stored in encrypted form. You don’t have to worry about safety.
6. The casino balance is visible to everyone.

Security in ordinary online casinos:

1. In the case of ordinary online casinos, your data, and funds go to the casino’s servers. Security lies with the service provider you need to trust.
2. You cannot verify the solvency of the casino. 
3. You do not have the opportunity to verify the results of the game.

Ordinary casinos require users to have more trust. Unclear terms of cooperation expose you to unfair play. We recommend choosing an option that provides clear rules.

Why choose bitcoin casinos?

Players increasingly choose BTC casinos. It has been the most popular digital currency and payment method in recent years. The world’s best casinos have just started introducing blockchain systems, but most already use cryptocurrencies. If you are wondering if a bitcoin casino is for you, we will make your task easier. Below you will learn the advantages and disadvantages of this solution.

Advantages:

1. All Bitcoin users remain anonymous.
2. Winnings are not taxable.
3. You can quickly top up your wallet and withdraw funds.
4. You do not have to pass verification on the casino website.
5. Registering a cryptocurrency wallet is simple and convenient.
6. You can enjoy the entire range of casino games.
7. You do not have to worry that an unauthorized person will gain access to your funds.

Disadvantages:

1. Many people still do not trust cryptocurrencies and think it is an uncertain solution.
2. Governments of many countries are working on introducing ways to control the income of people using bitcoin.
3. Transactions are irreversible. In case of a mistake, you cannot apply for a refund.

To make a responsible decision, it is also worth considering the analogous advantages and disadvantages of ordinary online casinos.

Pros and cons of ordinary online casinos

Advantages:

1. You use currencies acceptable all over the world.
2. You do not have to worry that the currency will disappear or its resource will run out.
3. In case of a mistake, you can apply for a refund.

Disadvantages:

1. Winnings are taxable.
2. You must go through detailed verification in each casino.
3. Your data goes to the service provider.

Which bitcoin casino to choose?

Many bitcoin casinos have recently appeared on the market. However, before starting the game, do thorough research. Here we would like to share our own insights with our readers.

Learn about the issues to look out for before using the services of a bitcoin casino:

1. Licensed games. Check if the provider provides a large selection of games. You will find lotteries, video games, card games, slots, and more. All games come from licensed, proven providers. 
2. Fast withdrawals. All players use tokens to place bets. After ordering a withdrawal, you decide what cryptocurrency you will exchange them for. You can withdraw funds whenever you want and in unlimited quantities. You do not need to undergo additional verification.
3. Positive assessment of industry specialists. Bitcoin casinos are appreciated not only by users but also by critics and industry experts. 
4. Player-friendly platform. Intuitive platforms and modern design attract new users. Many language versions make it easier for players from all over the world. Top websites provide anonymity and attractive conditions. Once registered, you can even test all the games for free (on some platforms).
5. No fees or limits. You don’t have to worry about any fees or commissions. There are also often no limits when it comes to the number of transactions per day.
6. Professional customer service. Platform users can count on various contact options 24/7. Support also provides professional assistance in Polish. You can send an email or use WhatsApp, Telegram, or Facebook.
7. Attractive promotions and bonuses. Users can count on free rounds, deposit bonuses, and other benefits. Players receive a bitcoin casino no deposit bonus and other benefits from each deposit. People who play often get access to VIP terms.

As you can see, Bitcoin gambling is a solution worth your attention. Let your gambling be enjoyable!

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