Bitcoin has long overcome the boundaries of the narrow community of crypto enthusiasts. It is actively used in business transactions of many industries. But the online casino industry and its newest concept of the live casino have gained the maximum benefit from crypto. Having received the perfect means of payment, even those who previously hesitated to visit live casinos happily joined live dealer games.
How Bitcoin Helped Live Casinos Get More Players
A visit to the casino for many people is an outstanding event, full of breathtaking expectations, vivid impressions, and delight from winning. Live casino technologies have tried to recreate this atmosphere as much as possible so that communication with a live dealer and other participants could reward each player who joins the game.
The developers have made every effort to achieve anonymity for punters who meet online. However, there was one essential obstacle that hindered the rapid development of live casinos — the method of topping up the account and the withdrawal of funds. Many players did not want their banks to know about their hobbies and, therefore, refrained from playing.
But the advent of Bitcoin in 2009 completely removed this obstacle and revolutionized the gaming industry with the appearance of the live Bitcoin casino. Playing with the help of crypto allowed gamblers to completely slip out of control by banking institutions and brought a lot of other advantages.
Why Players Choose Bitcoin to Play Live Casinos
Protection of Anonymity and Personal Data
Bitcoin allows you to play in live casinos without the risk of deanonymization. The player does not need to transfer the data of their bank cards to unknown online casino operators. Even if the operator is absolutely reliable and has an excellent reputation, players may worry that scammers will be able to hack into the website and steal players’ bank card details. Using Bitcoin completely eliminates these fears and keeps your finances under reliable protection.
Independence of the Gaming Account from the Bank Account
Any problems with the bank accounts of the players will not affect their ability to continue the game in any way:
- Those who use a regular bank card, in this case, will be forced to look for ways to unlock their game account.
- The owners of Bitcoin wallets will easily continue the game further.
Economic Benefit
Economic incentives for the use of BTC are very significant because of several factors that act at once:
- The player does not pay a commission to the bank for replenishing their crypto account in an online casino. All the money a punter deposits goes to the game, and not to enrich the banks.
- Live casino operators offer additional bonuses on the best casino games for those who play with Bitcoins.
- The popularity of this crypto is growing, which influences the BTC exchange rate. And although cryptocurrencies are quite volatile, due to Bitcoin’s authority among other cryptocurrencies, investing in BTC is a reliable way to protect your assets.
Transaction Speed
For a gamer, both the speed of replenishment of the account and the withdrawal of funds are important:
- Waiting 5‒7 days for your money when withdrawing it through a bank is quite tiring. Using Bitcoin allows you to get them in minutes.
- The same goes for account replenishment. With a low transaction speed, the mood can be quite spoiled. Bitcoin, on the other hand, helps to deposit the required sum to your gaming account instantly and start exciting crash gambling or join the best live casino games.
Using Bitcoin is the most innovative and promising way to open the doors of a live casino. Security, anonymity, speed, and economic benefits await those who choose to keep up with the times and start replenishing their gaming accounts in BTC.