Best Bitcoin Casinos for 2017
Bitcoin is innovative digital technology that enables parties to transmit
information ownership over a network named blockchain.Since the number of bitcoins is limited by its design it is a scarce digital commodity As a reflection the most common use of Bitcoin messages is payment of value. when one sends bitcoin he is actually transferring value.
Bitcoin presents few advantages for casinos and gambling.
For casino players, there are a lot of good reasons to play casino Games with Bitcoins.
The main advantages of bitcoin casinos are:
fast fund withdrawals,
very low fees (usually 1 percent, sometimes lower),
no personal info required.
Unregulated/unregistered/unstoppable anonymous transactions
Security: Bitcoins are based on state of the art encryption technology which prevents forgery.
Anonymity: A very big advantage is anonymity. Unlike any other traditional payment methods where detailed information of the party which makes the payment, Bitcoin casino accounts are anonymous and self-stored…With Bitcoin casino sites usually also sufficient to specify a mail address upon registration to be able to play right away. Even with the usual payouts identity check is omitted. Who plays thus in a country where online casino games fall into a gray area here has an additional protection.
Cost: There are no or only minimal transaction fees. At BTC casinos deposits and withdrawals are usually free.
Speed: transfers are confirmed very quickly. Payments usually also take place very quickly lest than an hour for complete confirmation and start playing casino games.withdrwals also are fast and most bitcoin casinos promise to complete withdrawals in less than 24 hours
No central authority or regulation. Using bitcoin as payment is a perfect way to dodge regulations in countries playing in online casinos is banned and players/providers funds are at risk of being seized by authorities
Othe cryptocurrencies used of online casino gaming:
Dogecoin casino, litecoin casinos(lite coin casino, LTC casino), Ethereum casino (ETH casino),Namecoin casinos,Reddcoin casino,Monero casino,Dash casino,Peercoin casino.
Bitcoin is symboled BTC,XBT, Ƀ ฿