Why Bitcoin casinos are proving to be a better option

by James · September 6, 2022

Bitcoin casinos are becoming increasingly popular due to their abundance of benefits. With the more common use of cryptocurrency, these casinos have been able to close a significant gap in the gambling industry.

For many, it is a big deterrent that they have to enter their personal bank details in online casinos in order to place bets. This is where cryptocasinos have been able to offer even better. Being able to provide privacy for users while maintaining transparency on the part of the casinos has made them a better option for players.

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Why players prefer crypto casinos

The many advantages of crypto casinos over traditional casinos make them an even better option for players. As mentioned above, cryptocasinos that accept coins like bitcoin provide users with a high level of privacy and transparency to enjoy their favorite titles without having to worry about data compromise.

In addition, these casinos often do not require any type of extensive KYC compared to traditional casinos. The data collected during KYC registration is often sensitive, such as photo IDs, DOB and SSN, as well as bank information for withdrawals.

Since crypto casinos take crypto payments, there is usually no need for extensive verifications. However, regulatory bodies have come down heavily on these due to criminals using crypto casinos to mix stolen crypto. But it’s also important to keep in mind that the vast majority of crypto casino players are just trying to get some privacy while enjoying their favorite games.

Another advantage of cryptocasinos over traditional ones is the simple registration process. Since no extensive KYC verification is usually required, players can usually create an account with as little as an email address. Players do not need to provide personal information to deposit or withdraw money and as such can remain completely anonymous.

Top 4 Bitcoin Casinos

The popularity of bitcoin casinos has grown in recent years, but there are some platforms that have set themselves apart from the rest through impeccable services. Bitgamble is a platform that provides crypto and bitcoin casino reviews. Here are four of the best crypto casinos for players according to the platform.

Effort:

Stake is a crypto casino that ranks high on the list. This popular casino offers VIP benefits, cashbacks and bonuses to players to enhance their experiences. It was founded in 2017 and quickly became popular because users did not have to do extensive KYC when registering.

It has one of the largest suites of crypto payment offerings in the area, with more than 130 cryptocurrencies available. Things like lifetime rake back on all bets also apply to customers and can last forever in some cases.

It is secure as it offers 2FA for users to prevent eavesdroppers from accessing their accounts. Furthermore, Stake offers customer support in different languages to be able to serve its customers worldwide.

BC games:

BC Game is a crypto casino that has risen in favor among players due to its massive promotions and suite of around 50 cryptocurrencies to choose from. Players can create a completely anonymous account. However, in some cases BC Game may require a user to complete the KYC process in order to withdraw.

The casino has a license from the Malta Gaming Authority, making it an easy to contact online casino. It boasts over 10,000 slot machines, including crash, dice and blackjack. Withdrawals from BC Game are also fair and the casino is verified by the Crypto Gambling Foundation.

Winz.io:

Like many online casinos, Winz has an attractive welcome bonus for its users. But unlike most, Wins allows users to be able to roll over their up to 300 spins. It offers a wide selection of games with over 7000 popular games available. It also offers 1% to all new players within the first 14 days of registration. In some cases (VIP) users can get up to 20% weekly cashback.

Withdrawal of winnings takes less than an hour to be processed. The platform has 24/7 Live Chat support, is always ready to help, and has a monthly withdrawal limit of $400,000. It ranks highly on sites like AskGamblers.com and Casinomeister.com.

Bits:

Bitsler is one of the crypto casinos that thrives on offering unique games to players. There are currently more than 3,000 games on the platforms, with over 16 unique games from Bitsler. The casino was founded in 2015 and has a license from the Curacao Gambling Authority.

There are over 15 crypto payment methods for players to choose from, whether depositing or withdrawing. The platform also encourages 2FA for all users to keep their accounts safe. It has table games, live casino, joker, jackpot slots, etc., all from more than 40 software providers in the area.

An important thing about Bitsler is that it offers a demo mode to users who want to try out the platform without spending money. This can be used as a way to gain experience before diving in with real money.

Conclusion

Crypto casinos are proving to be formidable challengers to traditional casinos. These casinos are able to exist entirely online without compromising the identity of their players. By using crypto payments, they can also offer cheaper and faster transactions to their users.

The list above is just a small number of crypto casinos that are making a splash in the gambling industry. The anonymity they provide has been the biggest draw for them, but the experience has gotten so much better over the years, with players describing their experiences as similar to being in a real casino.