Tag Archive: Bitcoin Cash

Today you'll find many true believers espousing the wonders of cryptocurrencies. And though many businesses, including the iGaming industry, have been quick to feature many of these new coins and tokens, we're not so convinced of their future. The main selling point of crypto users is that they are anonymous. ut in the real world, no one really wants total anonymity. Though the casino sites are perfectly happy to accept crypto from anyone, you will have to follow a strick KYC process.

Over the last few years, the use of Bitcoin, along with other cryptocurrencies has increased dramatically. Online casinos have been quick to jump on the cryptocurrency bandwagon. You can find many top online sites that are happy to accept, not just Bitcoin, but any number of other alt-coins as well. What's great about using online casinos that accept crypto is that they offer some of the best bonuses and incentives for players who make their online casino deposits with cryptocurrencies.

On the whole, the Canadian government takes a very hands-off approach toward all gambling activities. To that end, much of the legislation with regards to both casinos and sportsbooks is overseen by individual provences. Traditionally some were more strict than others, meaning there were no casinos allowed. Furthermore, utilizing offshore casinos was a big no-no. Today things have become much more relaxed. There is a growing land-based casino industry, plus access to foreign online casinos.

Traditional online casinos have come along in huge leaps and bounds over the last decade or so. But now, with the introduction of cryptocurrencies into the casino industry, we can see that crypto has so many more advantages over regular online casinos. For a start, there's the whole aspect of online security, with very little information changing hands over the web. Ethereum casinos can offer lower RTP rates, as well as better bonuses because their running costs are so much lower.