What is The Best Time to Gamble with Bitcoin

22 Mar 2022, 09:40

While most people considered it ridiculous when it was launched, nowadays, bitcoin is trendy. In 2022 BTC gained one more reward as the most popular gambling cryptocurrency. CryptoVegas offers a secure and innovative platform to play slots and earn crypto.

The decentralized finance (DeFi) era creates new rules. Online casinos find the most convenient ways to integrate bitcoin and blockchain into the field. It offers various advantages and guarantees a higher level of security and transparency.

Online crypto gambling occupies 80% of the market, followed by ethereum holding an average 10% share. People opt to use BTC considering multiple benefits. Among them, it's worth mentioning decentralization, secureness, privacy, payments processing capabilities, etc.

Bitcoin casino transactions have faster processing times and lower fees than other online payment methods because they do not involve banks and investment companies.

Using bitcoin when gambling:

  • protects your identity
  • allows you to deposit and withdraw funds anonymously
  • prevents you from sharing any banking or personal data
     

How to gamble with BTC

Create a cryptocurrency wallet and buy some BTC

The best time to invest and win with crypto is now. The price of bitcoin shows a permanent upward tendency in the medium and long term. Consider that you don't need to spend your own crypto on gambling. There is an option to test the service using a welcome bonus in many online casinos.

Find a trustworthy online gambling platform

Online casinos use all the existing weapons to motivate gamblers to use their services. However, only a few providers offer top-notch service and wide game selection. CryptoVegas successfully created an innovative, intuitive gambling community with transparent policy and explicit terms and conditions.

Make your deposit or use a welcome bonus

Starting gambling with BTC is easy. The rules are the same as in traditional or online casinos. The valuable difference consists of a higher level of security and anonymity. CrytpoVegas offers Freebet and Free Spins options for all new players and other promo campaigns for existing users.

Choose a game

It's essential to search for information about the crypto casino game you want to play. Find out the key stats and thoroughly read rules, terms and conditions. Gambling requires well-planned strategy, not only luck.

Benefits of gambling with bitcoin

  • security
  • anonymity
  • fast transactions tracking
  • wide investment options
  • fast payment processing
  • protection from the inflation


Concerns to take into account

  • not accepted in some countries
  • the price volatility
  • regulation issues

 

The use of digital currencies in the iGaming industry has its advantages. For that reason, most punters are welcoming the idea of playing in online casino sites that support cryptocurrency deposits and withdrawals. So, it's only safe to say that the crypto gambling industry will continue to grow in the coming years.