Revolutionizing the Casino Industry with Bitcoin

Revolutionizing the Casino Industry with Bitcoin

Gambling with Bitcoin is one of the oldest usage cases that has now evolved from a niche into a healthy bitcoin industry. With a large portion of the estimated $41 billion net worth of the gambling industry moving online, Bitcoin is in a prime position to become the currency of choice when used in online gambling and mobile casinos.

While most current online gambling operations conduct transactions using USD, GBP, or EUR, Bitcoin has inherent qualities that make it much attractive to both the company and consumer compared to traditional payment methods.

One of the most coveted features Bitcoin holds over methods like credit cards of debit cards is levels of privacy untouchable by means like PayPal. Gambling users, in particular, will benefit from protection against prying eyes, combined with the other features of Bitcoin like low transaction fees (usually no more than a couple cents regardless of transaction size), 24/7 operation, and the inability for anyone to freeze your funds.

Another unique feature that allows users to recognize instantly if a casino uses Bitcoin technology or not is provably fair gambling. Without going into too much detail, companies can leverage the blockchain to allow users to verify that the companies had no chance of knowing the result of an outcome (say a card that was dealt) before it occurred.

When it comes to actual casinos that implement the features above, Bitstarz is the one of the oldest and first Bitcoin casinos. Besides Bitcoin, BitStarz also accepts credit cards, bank wire, skrill, and Neteller, making BitStarz a hybrid casino rather than a Bitcoin-exclusive casino.

With more ways than ever to acquire Bitcoin, Bitstarz and others like it will lead the way for online gambling entertainment.

 About BitStarz Casino

BitStarz Casino is built and run by an experienced team of iGaming professionals who are hard at work delivering the best casino experience out there. We added some awesome Casino games and we know you are going to enjoy them just as much as we do.

BitStarz Casino: https://www.bitstarz.com/


Related News

FortuneJack – The Most Prestigious Crypto Casino Brand in the Industry

FortuneJack is leading the way, revolutionizing online crypto-currency gambling. The company is managed by a highly talented team with twenty years’ experience in the gambling industry. The Bitcoin gambling landscape is one of a kind. One can find all sorts of exotic and innovative gambling sites. It is also where you can find the coolest Casinos which offer the best options in the gambling industry. FortuneJack.com is one gambling site that accepts several digital currencies and has even included an exchange to trade between about a dozen of cryptocurrencies.  The site....

Bitcoin Video Casino – A Casino that Offers a Real Gambling Experience

Bitcoin Video Casino is a fantastic Bitcoin Casino that lets you play the classic casino games as if you were in a real Casino. The site offers players the chance to play Video Poker, BlackJack, Roulette, Craps, Keno, Slots, Dice in an almost real environment. Players can enjoy the full experience of casino gambling from the comfort of their home. The Casino opened its doors back in 2012, and since then has been gathering a professional experience in the Bitcoin gambling industry. The retro appearance of Bitcoin Video Poker is also one of its coolest attractions of this casino. The game....

BetChain: the Most International Bitcoin casino.

BetChain, already one of the largest Bitcoin casinos in the world, has officially integrated the 10th language into its site, more than any of its competitors. BetChain has placed an emphasis on availability to as many casino players around the world as possible, and with such a diverse range of languages, BetChain has become the most international Bitcoin casino. With the addition of its latest language, BetChain Bitcoin Casino is now available in Swedish, in addition to many other top European languages such as German, Dutch and Spanish. Whether you're looking for a top German online....

Dragon’s Tale – The Most Original and Eccentric Casino Gambling site ever

Dragon’s Tale is one of the oldest and the most original gambling site in the Bitcoin industry. Launched almost 6 years ago, Dragon’s Tale has grown to become one of the leading Casinos in the Bitcoin gambling Industry. The secret of this exclusive casino is that it is currently the only Casino that provides gamblers with an alternative Casino where there are hundreds of exotic casino- based mini-games. Besides gambling, Dragon’s Tale also decided to focus on offering gamblers the chance of enjoying a role-playing game. Dragon’s Tale is made up of a....

Bitcasino.io Expands Its Casino Games with NetEnt

Bitcoin Press Release: In a Bitcoin industry first, BitCasino.io the world's first legally licensed and regulated online Bitcoin-only casino gaming operator has expanded its casino games offering by integrating NetEnt casino games. Bitcasino.io have added 150+ games and 30+ mobile games that include Gonzo's Quest, Starburst, South Park and Blood Suckers that are compatible with all mobile devices. A spokesperson for BitCasino.io commented on the developments: "The addition of NetEnt's impressive library of casino games content will be played in EUR and converted from Bitcoin on each....

Quotes

For much of history since its beginning in ancient Egypt, the essence of cryptography—which takes its name from the Greek words for “hidden” and “writing”—lay in encoding language to keep a message secret.

Paul Vigna, The Age of Cryptocurrency