Gambling is an industry that is experiencing year on year growth. Online casinos get bigger, slots and games get more immersive, and more punters are piling through the gate. Along with more mainstream forms, a growing proportion of gamblers are turning to cryptocurrency gambling. Casino operators have clicked to that fact and are offer customers the opportunity to bank with crypto. Alongside the big players in the market, is a widespread industry of specific crypto games. Both come with several benefits which are causing players to make the switch. This article looks at some of these benefits and by the end, who knows? You might be interested in making the switch as well.
Pain Free Transactions
When it comes to cross border payments, even in-country payments not much travels faster than crypto. Payments, both withdrawals, and deposits, the process almost instantly. No more requesting a withdrawal and sitting tight for days while it passes through several banks before making its way to your wallet. As well as speed are low to zero processing fees, that you don’t always find with traditional banking methods – particularly when transferring to other countries.
Tax Issues
At the moment, most governments aren’t quite sure what to make of crypto and rules and regulations are light. One benefit of this is that crypto is usually untaxed. Depending on the altcoin, the values rise and fall, and any increase falls outside taxation as most governments don’t consider it a ‘true’ currency. Indeed the volatile nature of some cryptocurrencies suit a gambler’s temperament as it can also make them additional profits.
Anonymity
Most bitcoin games, outside of traditional online casinos, are very anonymous. Indeed, all that is required to sign up is an email address, password, and username. Deposit some crypto, and away you go. Anonymity goes hand in hand with increased security as well. Because there is no need to register personal details, it means they cannot be hacked. Nefarious prying eyes can’t get their hands on things like bank accounts or card details.
Fair Games
Crypto games are not just fair, but any user can prove that they are. This is a game-changer when it comes to establishing trust online. No longer do gamblers have to have blind faith in gambling operators and regulators. While mainstream gambling outlets are on the whole trustworthy, bitcoin games take this concept to the next level. There is no need to take them on face value. By entering a few values into the operator’s source code, users can check that every spin is 100% legit.
What is the Next Step?
Now that the benefits of cryptocurrency games are crystal clear what is the next step? Well, getting involved is a lot easier than most people might expect. All that is required is to obtain some crypto, generally bitcoin, which can be done with a credit card and stored safely by the exchange. Then, it’s time for some internet deep diving to find the best bitcoin games to spend it on. Those who want to stick with traditional online casinos could try Bitstarz or a site like Rocketpot.io for an exciting bitcoin crash game. Both offer games that are either fully regulated and licensed, or run on Provably Fair software. Happy crypto gaming!