The popularity of bitcoin as a secure payment method has enabled a new economy to flourish in parallel to the existing traditional currency-based economy. Bitcoin now has become the preferred method in many industries, and online gambling is one of them.
What is bitcoin gambling?
A bitcoin casino is an online casino that supports bitcoin as a payment method. Some casinos transact in bitcoins only, while others offer bitcoin as the additional currency for transactions.
Many bitcoin casinos are operating from all over the globe, including ourselves – Anonymous Casino. They offer a wide variety of gambling options including but not limited to:
- gambling games
- sports betting
Why bitcoin casinos are gaining popularity
Anonymity and safety remain the biggest advantages of bitcoin casino users. All transactions are carried out without revealing the true identities of the bitcoin owners.
Most bitcoin casinos offer zero transaction fees with unlimited free daily transactions. This is a big advantage compared with traditional casinos.
The Bottom Line – your money is safe
Casino gambling, whether based on conventional currency transactions or anonymous digital currency transactions, has always been a debated topic on ethical grounds. Add to it the complexity of bitcoin transactions, and the operations of bitcoin casinos become further challenging. While it is always exciting to get carried away with easy money making options, users should keep in mind the legal aspects, challenges and risk areas.
It will be up to you whether to gamble with bitcoin or not, but if you value your privacy and a regular gambler, I’d recommend you give it a try. Come play at Anonymous Casino. We offer a 150% deposit bonus!