There are many ways of playing when it comes to online casinos; some offer the chance to sign up and play for free while others allow you to use real money and in return the opportunity to win big. Other online casinos offer a different type of pay and play method; some sites give you the chance to gamble with cryptocurrency. This basically means that instead of money you use a cryptocurrency such as Bitcoin to play. Fortunately, there is no difference to the play style of the game just the currency.
Cryptocurrency and You
Bitcoin is described as a cryptocurrency which means that it is a virtual currency and all transactions with Bitcoin are all done online. It’s essentially an online version of cash. Just like real cash, Bitcoin is stored in a virtual wallet app on your smartphone or computer. Bitcoin was designed so that people could send their Bitcoins to your digital wallet, and you can send Bitcoins to other people, and the beauty of it all is that there are no transaction rates or waits, it is all instant and free for sending.
All the transactions done with Bitcoin are recorded on a public list called a blockchain. This provides a history of Bitcoin transactions and stops individuals from spending coins they do not own, making copies or undoing transactions with other users. Bitcoin is not controlled or owned by any governments or banks; this means that individuals can spend their Bitcoins anonymously. Even though all transactions are recorded publicly on the blockchain, no one knows which account number belongs to whom. Many find this a benefit and is one of the main reasons people use Bitcoin.
Due to the growing popularity of this cryptocurrency, some online stores and shops accept Bitcoin and can be used to buy products and services. Unfortunately, there are also many other shops that don’t accept Bitcoin and some countries have banned it altogether. Luckily for gamblers, some online casinos have been using this new digital currency to draw in those tech-savvy Bitcoin holding gamblers and offers people who are new to the whole cryptocurrency aspect of the internet a chance to try out this new form of virtual cash.
Casinos That Accept Bitcoin
Bitcoin maybe be relatively new, but that hasn’t stopped online casinos from incorporating it into their games. The challenge lies in where to find the right online casinos that use Bitcoin so that you can take full advantage. Sure, you can mine for Bitcoins and then try out online casinos that make use of the digital currency, but that can take a lot of time and effort that is better spent winning online. The best way to find an online casino is by going on the internet and searching for sites that offer descriptions and details about the online casino enterprise and which ones offer Bitcoin play and pay methods.
Thankfully through the connective power of the internet, many such sites offer you such information. Casino Bounes and Bitcoin Play are excellent sites to begin your journey into online gambling and cryptocurrency. These sites do the testing so that you do not have to; they also show which sites offer what games, how fun or easy it is to use and navigate, and finally what bonus features or rewards the site offers to new players who sign up. An example of this would be the sight Mbit Casino, this site not only has great reviews and an excellent customer support system. It also accepts Bitcoins and has over a thousand gambling games in which you can play all from the comfort of your home.
Another online casino
Another online casino that Bitcoin owners can play on is Bitstarz; this site has other rewards for all those who decided to gamble through them. After depositing money into your virtual profile, this site will give you a reward of 180 free spins to use with their slot games
At the end of the day, it is all about having fun and maybe winning something in the process and with these online casinos allow you to do that and more. The best online casino is the one you enjoy the most, so go out find that site for you and add to your digital wallet with more Bitcoins than you know what to do with.