Bitcoin withdrawals at online casinos
Bitcoin withdrawals at online casinos are quite rare. In any case, they are always made with the national currency depending on your geolocation. The money transfer can naturally be made to your e-wallet, but by upgrading to the new value of the cryptocurrency. This means that online casinos lose considerably less, as do players who have to catch the right moment to withdraw winnings, with processing times of less than two hours.
By comparison, withdrawal times in the form of bank transfers take between two and seven working days. A big difference, although again, the ability to play directly in bitcoins is proving to be very limited, while the use of euros, rubles, pounds sterling, or any other national currencies is proving to be the unchanged benchmark. The only reason given is that the fluctuation of crypto-currencies such as bitcoin is far too high.
Bonuses for bitcoin users at the online casino
One of the highlights with bitcoin at online casinos, as with other crypto-currencies, is the promised bonuses of around 15% upon registration or deposit. Some brands promise close to €100 for a first deposit of the same amount. This will credit your balance with €200, and with an additional 15%, you will still receive €230 to enjoy the slots and table games. Be sure to read the terms and conditions, as there are often many surprises.
Cloudbet, Vegas Casino, Bit Starz, mBit Casino, Loki Casino, the famous Fortune Jack, Bet chain Casino, 7Bit Casino and Playamo are just a few examples of online casinos where you can make deposits and withdrawals in bitcoin. All of them are doing it. Many casinos offer no deposit bonus codes payment methods to players who use this virtual currency.
But above all, Bitcoin has a quality that other currencies that are not purely and solely electronic cannot possess: independence. Bitcoin is not deposited in a bank, or rather, it is not dependent on your bank. You will have to buy bitcoin or convert money into bitcoin at some point, but payment by bitcoin is not subject to the goodwill of your bank account, it depends only on the amount you have in bitcoin. So no more limitations by the bank, no more failed payments for incompatible cards, no more bankers forbidding you to play gambling games because they don’t trust you. Bitcoin is independent, it’s your money and you can use it as you wish.