Tag Archive: Litecoin

Although Bitcoin and other cryptocurrencies like Litecoin, Tether, and Dogecoin, may be popular with tech-bros, mere mortals like us struggle with all the jargon and processors necessary to even purchase Bitcoin. To know where to go on the Internet to find Bitcoin for sale is a mystery for many online gamblers. Then you have to consider where to store your crypto. Once again, there are so many types of wallet available, and each one has it's pros and cons. Buying Bitcoin is hard!

Bitcoin has certainly come a long way in a relatively short time frame. Today, many of the biggest online casinos accept Bitcoin as a valid payment option. However, there are some factors that make using Bitcoin for deposits and withdrawals a risky venture. With the cryptocurrency being anonymous, fraudsters can run riot simply because any users don't understand the serious security implications of using a crypto wallet. Also, Bitcoin is extremely volatile making it almost useless as a currency.

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.

Such is the intense competition to find and keep new customers, online casinos will offer all sorts of bonuses and incentives. One of these revolves around the speed by which you can retrieve your funds from your online casino account. Ideally, you should be looking for instant access to your funds. Yet, you'll still find that some online casinos are reluctant to speed up their banking services. For your own peace of mind, search out fast-payout online casinos.

Today, you'll often hear a subset of online gamblers who swear that utilizing online crypto casinos is the future of gambling. They will claim that the anonymous nature of Bitcoin and other cryptos allows for a safer environment. All your personal and banking details are not needed so remain out of the hands of internet hackers. But this way of thinking assumes that the crypto casinos are all good guys. Unfortunately, this is far from true and you have a worse chance of losing all your funds.