Newcasino24.co.uk on Cryptocurrency at online casinos
As new casinos are introducing more payment options to offer added flexibility to their customers, cryptocurrency is slowly making its way into online casino. Here at newcasino24.co.uk we’ve taken a look at this development; keep reading to learn more about it before checking whether one of the casinos on our list is already offering this option.
Newcasino24.co.uk on the advantages of cryptocurrency
Cryptocurrency brings with it many advantages for new online casino operators and players alike. Using a decentralized digital cash system with no central authority doesn’t require chargebacks, and involves very low fees and extremely fast transactions. The most popular of these is of course Bitcoin, and some casinos on our list are already offering the option of depositing and withdrawing via your Bitcoin wallet!
Bitcoin provides the transparency that a lot of people may desire; all you need to do to play online casino with Bitcoin is to provide the address of your wallet. Moreover, since transactions aren’t carried out through a banking service, this keeps fees to a minimum, if there are any. This is also the reason why processing time is also so fast, normally taking just up to a day.
Thanks to its advantages, online casinos are also offering attractive bonuses for players who decide to deposit or withdraw using Bitcoin. You might find more bonuses for your initial deposits, and sometimes also plenty of reload bonuses. Whereas traditional casino bonuses will offer between 50% and 200% match bonus up to a maximum of a few hundreds of pounds, when using Bitcoin, a higher limit on the first deposit is likely to be guaranteed.
Bitcoin and security
One of the best advantages of a new casino that accepts Bitcoin is that this casino will usually have its games certified as ‘provably fair’. Provably fair technology is unique to Bitcoin casinos, and verifies that game outcomes at these casinos are correct and fair. This system uses a cryptographic hash whose functions are extremely difficult to decode, so if the online casino decides to manipulate a game, the bets involved wouldn’t be verified. Players can verify this themselves by adding what is called a ‘seed’ and receiving back another seed to verify the bet.
Always play securely with newcasino24.co.uk
Bitcoin casinos can be a great solution for players looking for provably fair games and a secure online casino experience overall. However, some players might not want to risk the volatility inherent in cryptocurrency. If you’re not yet tempted, it’s great to know that irrespective of whether you play with a cryptocurrency or via another payment method, the casinos on the list provided by newcasino24.co.uk have all proven to be secure, and are all regularly verified by independent audit firms to make sure that payouts are fair. If you’d like to put your mind at rest, click on a link to one of our recommended casinos to start enjoying online casino with added peace of mind!