Over the years, one particular payment method has seen a stellar rise when it comes to available banking options at online casinos. We’re talking about cryptocurrency e-wallets like Bitcoin or Litecoin. Online casinos that have started providing cryptocurrency e-wallets as a payment method have attracted a fairly large number of players that enjoy this easy and convenient option for deposits and withdrawals, often safer and simpler than many other payment options out there.
While Bitcoin or Litecoin weren’t the first choice among online casino operators, their emergence and growing popularity among online gamers and gamblers alike have made them one of the most preferred banking methods out there. Players are becoming increasingly more fond of using this method, which used to carry a dark stigma for being used to pay for illegal purchases, but this stigma has been removed, and more and more gamblers are choosing cryptocurrencies as their preferred banking option.
Why Use Cryptocurrency e-Wallets at Online Casinos
Over the years, cryptocurrencies like Bitcoin, Litecoin, and Namecoin have become one the basic payment options at a large number of premier online casinos. Well-established online casino operators have started to include cryptocurrencies because they provide an entirely anonymous and secure way to fund your online casino account, free of any exchange or processing fees, of which almost no other payment method can pride themselves.
While most online casino players will always stick to the old-fashioned banking options like bank transfer, credit or debit cards, paper cheques, or one of the many available e-wallets, there are various reasons to go with cryptocurrencies when it comes to online gambling.
We’ve already mentioned that depositing and withdrawing with cryptocurrency e-wallets usually involves no fees. Moreover, there is absolutely no central controlling authority, which makes cryptocurrency e-wallets easily transferable between players and the online casinos. Players also enjoy the benefits of anonymity, as well as the quick nature of deposits and cashouts. Lastly, the non-specific nature of this currency makes it the perfect currency to use at sites that are otherwise inaccessible to online casino players.
When it comes to security, cryptocurrency e-wallets are one of the best ways to safely and conveniently deposit and withdraw from your online casino account. Despite sometimes being subject to ridicule and dispute, there are numerous security measures in place that make it almost entirely impossible to hack transactions dealing with cryptocurrencies. Some withdrawals might end up being manually processed because of security purposes, but ultimately, the best way to make sure your money is protected is to always choose a licensed and regulated online casino.
Common Cryptocurrency e-Wallets
There is currently quite a large number of available cryptocurrency e-wallets out there. The most notable is Bitcoin, with Litecoin being often in second place. These are accepted at large number of licensed gambling sites. There are also Novacoin, Reddcoin, NuBits, Peercoin and Gridcoin, all of which have been previously tried and tested at online casinos.
Online Casinos Accepting Cryptocurrency e-Wallets
We’ve already mentioned that the number of online casinos that accept cryptocurrency e-wallets is steadily rising. Always make sure to check whether the site is licensed and regulated by one of the reliable and tested gaming authorities. Also, many of these online casinos provide customer support in multiple languages and have their staff at ready 24/7 to answer any and all questions players may have. Currently, it is estimated that there are over 3 million players that use cryptocurrency, which ultimately speaks volumes about this payment method. So, if you’re looking for the best online casinos accepting debit cards, check out this page to discover some of the top choices.