Published on August 23rd, 2019 | by Sumit Bhowal0
The Idiot’s Guide to Bitcasino Explained
Bitcasino, as you might have guessed from the name, is very different from the majority of online casinos. Instead of operating with conventional currency such as USD or GBP, it accepts bets, deposits, and withdrawals only via Bitcoin. There’s also another review of Bitcasino right here at https://www.manekinekocasino.com/bitcasino-review/.
Bitcasino was established in 2014 and has grown ever since. In this post, we’re going to take a quick look at Bitcasino and bitcoin itself, including the advantages of playing with cryptocrrency compared to real currency, and the advantages that it offers in terms of betting and gaming.
In case you didn’t already know, Bitcoin is a massive cryptocurrency that has become very common in online trading of goods. This, of course, means that the way that currency is deposited from the casino is different from other more conventional casinos – bitcoin must be deposited from a bitcoin wallet and withdrawn to a bitcoin wallet instead of a bank account for example. The advantage of the casino operating with only bitcoin are more than you might at first think. For example, bitcoin transactions tend to be processed immediately, and almost certainly faster than transfers of conventional currency. That said, playing on a bitcoin operated casino could be quite difficult if you’re not used to trading in and holding bitcoin.
What’s Great about Bitcasino?
- Massive selection of games made by the best companies – Bitcasino has in stock a huge number of games that customers can play. Bitcasino caters to all tastes and preferences, ranging from classic slots to card games
- Fast Transactions that are usually instant – due to the nature of the Bitcoin cryptocurrency, all transfers of Bitcoin are made electronically and are usually processed instantly since banks do not have to look at or approve them. Bitcasino, on average, clears all transactions within just 2 minutes time.
- Large welcome bonus upon joining – for joining and nothing else, Bitcasino will offer you a generous welcome bonus of anything up to 200 mBTC. Whilst you might not think this is a great deal of money, the use of your Bitcoin welcome bonus can be great. It allows you to try out games that you might not have otherwise tried if you were using your own money since you won’t be risking your own capital by doing so.
- Encrypted and Secure transactions – again, due to the way that Bitcoin works, all transactions that take place using it are very secure. This is due to the fact that when processing a Bitcoin transaction, the only details that the sender requires is the wallet address. This means that the receiver does not need to give out their name and identity.
- High Standard of Customer Support – if you get stuck or have a problem with anything at all that’s related to Bitcasino, there’s a live chat and responsive email address available.
- Bitcasino is a certified casino
- No withdrawal limits
Are there any downsides to Bitcasino?
Not really! Users really do like Bitcasino. It offers everything that one could possibly look for in an online Bitcoin casino. The only thing reported that some users might like to have changed is the layout of the side, but this isn’t a defect and is down to personal preference.