Most online casinos are used to offering their clients a range of ways to pay – after all, it is in the best interest of the online gaming website to make it as easy as possible for someone to spend money with them. Offering the option to top-up in a range of currencies alongside using different methods to add funds is certainly something that gaming websites have clocked onto over recent years and are starting to offer more of.
The latest offering that many of them are starting to give is the option to play games using Bitcoin. It is becoming more common for online players to use this method, so it is likely that as a method more casinos will start to offer this as an option.
What is Bitcoin?
What is bitcoin – has been around since 2009, the brainchild of programmer Satoshi Nakamoto. His idea was to create an electronic payment system that did not need government or financial backing. It took a while to take off in popularity, but in recent years the option to own cryptocurrency & use this as a place to invest money has become more popular. It is recognised as a useable currency by many big-name brands including Starbucks, who now let you pay for your coffee using Bitcoin. There are various other cryptocurrency options out there, but Bitcoin is without a doubt the most popular.
Why is Bitcoin So Popular with Gamers
Bitcoin as a currency is becoming more recognisable as a quick, easy and cheap way to carry out transactions. For people who want to use online casinos and take part in online games, secure & quick transactions are essential – you don’t want to be delayed if you’re making a last minute bet!
Those that are into investing their money into different schemes like Bitcoin because it is considered safe; given the fact that it is completely digital. There is no physical storage of Bitcoin and you can use it without the risk of it being controlled or tracked by the Government or any other central authorities.
Holding some of your money in Bitcoin means that you have the chance to make more money – which is something that many people into using online casinos are into. By taking part in Bitcoin betting you have two chances to win – one when your money is held in your Bitcoin account and the second when you top up your online casino account and take part in some gaming.
Buying Games Online
When it comes to buying games online, there are certainly plenty that you can take part in. If you’re into console gaming then games such as Call of Duty or Grand Theft Auto are popular and can be purchased online, no doubt there will be a provider that lets you pay for these with Bitcoin.
Online casinos are also popular, especially when you consider there are slot games you can play that are influenced by big-name games such as those mentioned above.
Using Bitcoin is convenient, which when you’re gaming is something massively important. When you’re in the mood to game and have some time to do so, the last thing you want is to be held up by slow account top-ups and transactions. Being able to top-up quickly and in your chosen currency is a massive deal for those that want to take part in any type of online gaming.
