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What Are Some Perks From Playing With Online Crypto Casinos

Posted In Business - By Techtiplib on Friday, November 26th, 2021 With No Comments »

It seems like everywhere you look now, cryptocurrencies are there. Whether it’s paying for almost all kinds of services, physically and online, cryptos are there. Maybe you’re a fan of online sports betting, like taking the best NFL picks against the spread, the chances are that there’s a plethora of top-tier online betting platforms already accepting cryptos as legal tenders.

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Nowadays, one up and coming industry that has really started to cement their status as one of the premier entertainment options for fans of gaming and gambling is the online casino industry. While it’s been around for some time now, given the times we’ve been through because of the Covid-19 pandemic and how society has had to adjust their understanding of how leisure activities are handled, the online casino industry has managed to flourish, offering fans of casino gaming and gambling the opportunity of living the experiences and thrills they love from the comfort of their favorite tech or mobile device.

Of course, given that both the cryptos and online casino industries have been continuously gaining so much popularity, it was a matter of time before some middle ground was found and both came together to offer a premium service for fans of both lines. Hence online crypto casinos appeared. But what are some of the perks that come from playing in online crypto casinos, that other online casino options might not have? Let’s take a look.

Unmatched Levels Of Privacy

One of the most attractive features that cryptocurrencies offer is the level of privacy in which all transactions are handled. Unlike with other currencies where intermediary agents require quantious amounts of personal information and data in order to verify and legalize any movements being made, with cryptos that’s not needed. This is something that has become a great hook for online crypto casinos to attract more and more customers who like to dabble in both the world of cryptocurrencies and the world of online gambling.

By using cryptocurrencies as the main option for payment in these casinos, both the users and the casino owners can be assured that no third-party marauders will be able to get a hold of that information to later use it in any online crime or scam. Online crypto casinos are able to keep vital, personal information belonging to their players like contact info, their funds balance, the amount of money that has been moved around and the information of bank accounts where it’s been transferred to from becoming of public domain.

Playing Is Cheaper, Cashing Out Is Faster

Another great selling point for online crypto casinos over regular online and physical casinos is both the speed in which transactions can be made, and how much cheaper it is to play when using cryptos. Given that cryptos have a decentralized nature, meaning that they don’t have any governing or economic body ruling over the movements, rates and other matters, cryptocurrencies are much cheaper to use when playing in online casinos like crypto casinos, because of there not being any unnecessary extra fees that usually end up taking a chunk out of a player’s earnings. For example, when playing using a credit or debit card, taxation and currency exchange fees can vary greatly from platform to platform, with the result always being that even if the customer won, he or she ends up losing some of their well-won money paying off intermediary fees. With cryptos, those fees are non-existent.

Apart from that, once you take into account how fast crypto transactions can be done, everything takes an even better turn for positivity. When dealing with credit or debit payment methods, banking wires and transactions usually are put on hold until certain verifications and permits are issued. Also, the scheduling in which said moves are made are usually taken into account as well, meaning that if for any reason your bank is closed or there’s a holiday or any other matter like that, your transactions might end up becoming active and legal after a couple of days. Now, I don’t know about you, but if I win playing in an online casino, I would want my money right away, like in a real casino. 

With online crypto casinos, the story is different. Again, because of the decentralized nature that cryptos hold, transactions can be done in a matter of seconds, if not a couple of minutes tops, without regards to where the player may be in the world or scheduling. Every move that’s made, is active and legal within a moment. So if you win, you can see your winnings reflected on your account balance right away, not after any intermediary party says so.

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