The phenomenon of increasing crypto popularity among gamblers
Cryptocurrencies have paved the way for many spheres of our lives during the last 5 to 7 years. Gambling was also affected by the new tendency, employing cryptos as a better way to deposit and withdraw funds than using fiat-currency methods. Today, the best gambling sites, including Pin-Up Casino, accept the most popular coin types, including BTC, ETH, LTC, and DOGE. Below, we’ll explain why gamblers like using cryptos and what benefits they get from it.
Gamblers value anonymity. Not everyone wants to flaunt playing at a casino. Most players would rather keep their interest in gambling private. Crypto casinos give them such a possibility. These game clubs allow you to play for real money anonymously without revealing sensitive information.
In cryptocurrency casinos you:
- can register with just an email;
- don’t reveal your bank account credentials;
- pay without sharing your ID with the website;
- enjoy payments not controlled by any central authority.
Even with the latest news about big wallet providers being hacked, blockchain-based transactions remain more secure compared to fiat-currency payments. Coin theft is possible when the storage lacks security and not by interfering with a crypto transaction.
Blockchain-protected casino deposits are among the most reliable ways to pay at a casino. They’re safe from data theft and can’t be hacked. This is possible due to network decentralization. Though everyone sees the fact a transaction occurred, no one knows who is the sender or the receiver. Neither anyone has the means to interfere or trace the payment.
Gambling with cryptos generally offers players way better minimum and maximum transaction limits. Some cryptocurrency casinos don’t cap the payment size at all. This poses significant benefits to both high-rollers and low-rollers.
A game club accepting cryptos is a minimum deposit casino where you can replenish your account starting from $1 equivalent in cryptocurrency coins. A high maximum limit allows you to pour tens or even hundreds of thousands of dollars into gambling just per one transaction.
Crypto transaction processing is very fast. It takes minutes or even seconds to send or receive funds after the payment is approved. You can expect same-day payouts for crypto winnings. Some websites even boast they send you the money within less than an hour.
Provably Fair Games
Cryptocurrency games employ a provably fair mechanism designed to ensure the randomness of every round outcome. It allows you to check whether the result of a spin matches the one determined by the RNG machine. You just use a special hash seed and a checker tool to find out if the game was fair.
A constantly increasing interest in crypto gambling was initially provoked by the rapid growth of the BTC price. Now players choose cryptocurrency casinos due to the benefits they have. It includes complete anonymity, better payment limits, the top security level, fast payouts, and provably fair games. Gambling with crypto is a way to avoid additional control and limitations, which appeals to many players.