Bitcoin Deposit at Online Blackjack: Is It an Option?

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(Newswire.net — November 26, 2019) — Online casinos are quintessential of technology advancements. Developers and manufacturers are constantly renovating the technology which seats behind the scene, to maintain high standards and retain their customers.

Without all these innovations, online casinos would not have the popularity it can boast now.

In the last 30 years or so, they have changed quite a lot.

From the very first “virtual game” available only for the customers of the casinos to the upcoming virtual reality, which is going to be the main technology used to live a full immersion experience.

As usual, the I-Gaming industry is placed at the front seats when it comes to trying new technologies. This particular behaviour has guaranteed to them enormous incomes and even bigger popularity. Learn more on how to play blackjack and win more!

What we would expect from blackjack operators online 

As we mentioned above, if we have to indicate a sector where a lot of money is spent to stay in steps with technology advancements, this is the casino world.

Maybe it doesn’t look like that to a rookie, but we can ensure there is a massive team effort behind the launch of a playing software. There are many years spent to study and tons of money invested.

Going back to late 90s, when online casinos made their first appearance on the internet, we had a very little number of choices available.

If a user had the desire to try a gambling machine, they had to please of a couple of poker machines and maybe, a few blackjack tables.

Today, there isn’t a limit to players’ choices. Most of the casinos we know today weren’t born yet, and most of the games, blackjack, roulettes and BJ tables weren’t even an option.

Players had, often, to move to a physical gaming room or club, to find a better selection of games.

Luckily for gambling lovers, technology has made enormous steps forward, and today we can load blackjack games even on our mobile phones.

Keeping in mind what we said, if the evolution, in terms of technology and progress keeps growing at the same speed as it has done so far, we should expect gorgeous things.

Online casinos paying methods 

Once, it was a token, then it became real money, then there was the chance to deposit money into our account through betting room services.

Today, you can do it yourself simply moving money from your bank account to your casino account.

You can deposit money, using literally all paying methods. It doesn’t matter which bank you have the account with, or which kind of card you have, as long as you can transfer money, you can open up an account with an online casino and play.

To encourage people to use bank transfer as a paying method, they use marketing strategies based on rewards.

These strategies are giving good results, and people, especially regular players, appreciate the simplicity of topping up their casinos’ accounts, simply with a few clicks.

As we said, online casinos are always among the first which adopt new technologies, so when cryptocurrency appeared, it didn’t take too long before new gaming websites entirely based on virtual money born.

Before we go deeper into this topic, we must make an overview of what cryptocurrency is and why it has got such a large distribution in no time.

What is a cryptocurrency? 

When we talk about cryptocurrencies, we mean electronic money which can be used to buy goods, as we normally do when we use real money.

So, what is the difference between virtual money and physical money? In a nutshell, cryptocurrencies are money which can vary their value as it happens with the stoke market.

Today, there are thousands of different virtual currencies, and the number seems to be still growing.

The first of all cryptocurrencies which made its appearance on the market was Bitcoin. After that, many more were born.

Here it is a list of the most widespread. Ethereum, XRP, Tether, Bitcoin Cash, Litecoin, Binance Coin, EOS, Stellar.

Born more than ten years ago, Bitcoin is also the most valuable and popular cryptocurrency available.

Being the first of its species, it has guaranteed the largest piece of the market.

Online casinos had to keep their eyes peeled to avoid missing any opportunity of taking advantage of using this electronic money.

So, after a few years since the birth of virtual money, online casinos made their moves towards “crypto money” which is the payment method available to top up these virtual wallets.

The advantage of using cryptocurrency, although lots of people did not get it immediately, is enormous, especially when it comes to security.

Bitcoins as a paying method for blackjack games

Once cryptocurrencies became more common, and people started trusting them, it wasn’t too difficult for manufacturers to pry up on the benefits which they could bring to their customers.

The strongest point of using cryptocurrencies to move money stands in their incomparable reliability and safety.

Indeed, all transactions are guaranteed by the technology used to protect them.

Thanks to block-chain and cryptography, payments are faster and more secure.

Also, there is no way to steal personal information as it is made invulnerable by the multiple checks. Your information is completely anonymous and all the data you use are completely deleted after using them.

Many online casinos give the possibility to players to use Bitcoins as unique, or alternative paying methods. Websites like Bitstarz, mBit, Bit casino or CloudBet offer to their customers the opportunity to deposit only Bitcoins into their accounts, and by doing this they are showing that future isn’t that far. It is already here.

Final thoughts

As we mentioned before, when it comes to innovation, online casinos are always on the front line, then they couldn’t miss the opportunity to take part in the world of cryptocurrency. They are opening more the doors to all frontiers of payments, by giving to them this further opportunity to use virtual money to make their first deposit.

This unstoppable evolution has many advantages for both casinos and players.