What is Bitcoin Gaming?
Let’s get this question off the table first. Bitcoin is a decentralized currency. What exactly does it mean? It means that no government controls it, and rather the process is managed by the users themselves. BTC processes rely on peer-to-peer transactions. Under no circumstances does this type of currency exist physically offline. The first specifications of this digital cash appeared in a 2009 cryptography mailing list.
In the world of online gaming, the switch to Bitcoin means accessing online casinos anonymously, managing all financial transactions online, and benefiting from fast payouts. No more verification procedures, holidays in banks, or other limits. Zero or low fees apply. Transactions are safe and secure.
It also means being able to play in a variety of legal and regulated offshore brands. This is particularly handy for players from such countries as the United States of America, Singapore, South Africa, France, Italy, along with many others where state regulators limit access to online games heavily.
Free Spins, No Deposit Bonuses, Welcome Deals: Possible Bitcoin Casino Promotions
Back in the day, it was a rather challenging task to find a proper Bitcoin bonus offer. Today, however, the selection of propositions grows and is being diversified on a regular basis.
A welcome offer is the most popular option. It may cover from one to three initial deposits, depending on the selected location. Cash match can be anywhere between 100% to 200%, and free spins may apply. Such packages may be found at Casoo or Konung among others.
Most frequently, no bonus codes are required. There are, however, platforms like CryptoThrills that offer up to BTC 1,000 with a special promo code. More details about its are published in the website’s review.
New clientele may also be interested in no deposit Bitcoin bonuses. Such come across rarely, but still exists, and among locations to head to is 24VIP, as well as WagerWeb with its occasional free play offers.
Software Friendly to Mobile Bitcoin Gaming
Our list of best online operators offering Bitcoin promotions, as well as the list of software providers that include this currency into gaming grows daily. Among some of the most popular studios that create slots, table games and other types of content friendly to BTC is iSoftBet, BGaming, Habanero, Mr. Slotty, BetSoft, Booming Games, and many more.
Among some of the most popular brands to support wagering in digital cash are locations like Bitcoincasino.io. There is also a highly popular network of 1xCorp N.V. with its 1xBet, 1xBit and 1xSlots. Players also left a lot of positive feedback about recently launched iLucki and SekaBet.
What do these platforms have in common? Majority of them are licensed and regulated by the jurisdiction of Curacao and are home to thousands of games. Among other licensing typical to this currency is the one from Costa Rica and Cyprus. While all of these regulatory bodies are not as fancy as, let’s say, the Malta Gaming Authority and the United Kingdom Gambling Commission, they are a way to access gaming for thousands of players, and gradually gain a special spot in the industry, with a fair share of trust finally coming their way.
FREQUENTLY ASKED QUESTIONS
How do you get a hold of Bitcoin currency?
This is the first question that newbies to the system have in mind. The answer is: BTC can be exchanged online, just as any other currency. There are, of course, certain peculiarities. Thus, in a closely monitored USA financial market, many Americans choose to open a couple BTC e-wallets and to move cash between these, or to deposit directly to online gaming providers.
What is the exchange rate?
Bitcoin is a very volatile currency, and some consider this one of its disadvantages. It may cost a fortune on one day, and then drop to record low levels the next day. Those using BTC are used to monitor the economy at all times.
Are there alternatives to BTC?
How do BTC gaming websites work?
The process is very similar to that of playing in libraries with regular cash. Registration and depositing are the first two steps. Afterwards, promotions can be claimed. Withdrawals are fast and simple via Bitcoin e-wallet system. Needless to say - before registering, make sure that an online operator supports cryptocurrency.
Also, we invite our readers that are new to gambling in digital cash, to explore this Guide to Bitcoin Gaming.