CRYPTO OFFERS
Online casinos have evolved in recent years to meet the needs and demands or players from all over the world. While some players enjoy playing land based casinos or traditional online casinos, many others prefer to use cryptocurrency to play online casino games and earn great rewards; this is why crypto casinos have emerged.
Crypto casinos have grown in massively popularity in the past year because they allow players to avoid the restrictions imposed by traditional online casinos. This is not to safe they are any less safe, In fact the opposite.. One of the most significant benefits of crypto casinos is their enhanced security. Unlike traditional online casinos, which are often targeted by cybercriminals, crypto casinos use advanced encryption algorithms to secure transactions. This makes it virtually impossible for anyone to hack or steal your funds, providing you with peace of mind when playing online.
Secure Crypto Deposits
When using a traditional online casino, UK players are often required to deposit pounds and pence via a debit card. This in itself is a risk factor, considering the exponential rise in cyber security threats and data breaches.
The best Bitcoin casinos in the UK specialize exclusively in digital asset payments. This means that no payment details are entered into the website of the chosen casino. Instead, the player can make a deposit by transferring cryptocurrencies via their private wallet.
Some crypto sites do allow deposits directly via a chosen method such as visa or Mastercard and some e-wallets, this payment is then converted to crypto using the current exchange rate live in-site, so you don't have to worry about any of it.
Withdrawal Speeds
Withdrawal speeds do vary from site to site but are often not too dissimilar to that of standard casinos, same day for e-wallets, 24-48 hours for others.
Crypto Welcome Bonuses
One of the benefits of playing at a crypto site is the potential for huge welcome offers, Whilst standard casinos often do have lucrative and enticing welcome offers, crypto sites often go above and beyond sometimes offering upwards of 400% as a deposit match offer. Not only that, most crypto sites often have multiple levels of rewards in site and progressive rewards to unlock as you play.
What are the advantages of crypto casinos?
Crypto casinos have helped the online gambling industry grow considerably in recent years, there are many benefits that's come with gambling using cryptocurrency transactions including:
- Faster deposits and withdrawals than traditional payment processors
- Multiple payment methods, wallets, and currencies are supported
- Stronger blockchain security practices
- Open-source, decentralized platforms
- Verifiable transactions available on a public ledger
How do crypto wallets work?
Broadly speaking, crypto wallets come in either software or hardware forms. Though each kind functions a bit differently, they are all designed to allow you to securely access any cryptocurrency you own.
It’s important to note that a crypto wallet does not hold any actual cryptocurrency. Instead, it holds the public and private key information needed to carry out crypto transactions. The cryptocurrency itself is stored on a blockchain—a type of digital ledger that serves as the basis for how many decentralized cryptocurrencies work.
