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More Casinos Now Accepting Digital Currencies

December 30, 2017 July 20, 2018 Danielle Green

If there is one part of a casino site that is always going to be operational and offer you plenty of different options, it is of course the banking interface. It is via a banking interface that players can make a deposit into their account and of course also make a withdrawal of any winnings they have made.

However, there was a time when the only way you could fund a casino site account was by using a credit card or a debit card, but those days are now long gone and whilst you can still of course can deposit using a credit or debit card there are also going to be lots of other ways that you can make deposits and withdrawals to and from your casino account.

With the advent of digital and cryptocurrencies such as Bitcoin, you will find more and more casino sites will let you deposit using a digital currency wallet and also get paid out your winnings back to that digital wallet too.

One of the main benefits of choosing to use a digital wallet and a cryptocurrency such as Bitcoin is that most casino sites will allow you to withdraw your winnings instantly too, and as such you will not experience any delays in getting paid out your winnings!

No Concerns about Game Fairness

Whilst you will always have a list of wants and demands no matter at which online casino site you choose to play at, one thing that you will always want to have the peace of mind in knowing is that the games you choose to play are all fair and have random outcomes.

Due to each casino game being basically a piece of software it could be very easy for an unscrupulous casino site operator to rig or fix those games to not pay out, or play and pay to some much lower payout percentages and higher house edges than they are supposed to pay out too.

With that in mind one of the main attractions for savvy casino game players of a licensed and regulated casino site is that the licensing authority or gambling commission that issued that site with its license to operate would have demanded proof that each game on offer at that site are random and fair.

That entails the company that provides the games, random number generators and software to each licensed casino sites having to have their games independently certified by a third party approved game testing company.

So by only ever playing at a licensed and regulated casino sites you are always going to know, above all else, that the games you choose to play are fair and random, and as such you will get a fair chance of winning when you play any of those games.

How Your Bitcoin Deposits Are Credited to Your Account

You may be wondering if you do decide to make a deposit into your casino site account using Bitcoin are you then going to have to play the games for units of Bitcoin.

Well, there are two types of casinos you will find online that do accept Bitcoin deposits the first are going to allow you to deposit using that digital currency and then play any of the games on offer for a unit of Bitcoin.

However, some other casino sites will let you play in your own home currency and make a deposit using your Bitcoin Wallet to deposit any amount in that fiat currency but by using Bitcoin.

The casinos banking interface will of course do all of the processing and currency exchanges for you and as such you are then going to be able to play the games in your home currency.

If you do wish to get paid out your winnings back to your Bitcoin Wallet that is going to be simple to do, for you simply need to select Bitcoin as your payment method when making a withdrawal and select the amount you wish to withdraw.

If the casino you are playing at does offer instant payouts then your Bitcoin will be sent to your wallet straight away and with no delays, so do consider using Bitcoin if you want to benefit from fast and efficient deposits and withdrawal too!

About The Author

Danielle Green
Danielle Green is our expert on cross-border laws surrounding the operation of casino sites, and she will be reporting on all recent and upcoming changes to legalization surrounding such gambling sites too.

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