Using Online Casino Operators to Invest in Cryptocurrencies

Online Casino and Cryptocurrency

Good news; you don’t need to be a trading mastermind to invest in cryptocurrencies or store them safely. In fact, online casino operators are the perfect way to win cryptocurrency and a safe haven for your investment, too. It’s only recently that online casinos have started accepting the likes of Bitcoin as payment for table and slot games. Now, you can make both deposits and withdrawals in several types of cryptocurrencies. Some casinos accept a range of cryptocurrencies, including Bitcoin, Litecoin and Ethereum.

The Advantage of Playing at Online Casino Operators Where Cryptocurrencies Are Accepted

There are numerous advantages to using your cryptocurrencies for games like roulette, poker and slots, such as:

• There are no exchange rates – you can use your cryptocurrency at international level and have zero issues with exchange rates.
• Safety and security – thanks to cryptography, your cryptocurrencies are entirely secure from outside threats.
• Opportunity – as you know, the value of your coins could increase significantly overnight.
• No deposit fees – most online casinos don’t charge deposit fees if you use cryptocurrencies.

Going All In

For cryptocurrencies to really take off, experts believe they need a high-profile industry to show faith in them, which means all eyes are on online casinos in general, but online poker sites, particularly. While estimates vary at the moment, it’s believed that about 40 million people around the globe play poker, with a large portion playing at online casinos and online poker rooms. If these players are given the chance to use cryptocurrencies, there’s no doubt the phenomenon will catch on with many who will then (or perhaps already do) feel that this is a secure way to play.

In fact, many have said they think Bitcoin is the future of online gaming owing to its anonymity, the low transaction fees, and incredible speed of transactions. With more and more cryptocurrencies emerging on a continuous basis, it could be that even more will capture the attention of players and online operators alike. We should note that there could be just one hurdle to cross in terms of anonymity. Online sites do need to have some information about players, like their name and age, and those players who like the secretive nature of crypto may well resist for this reason, or at least for now.

Different Kinds of Cryptocurrency

But, a growing number of sites are welcoming the different kinds of cryptocurrency with open arms, so it may not be a problem for them. For now, it remains to be seen just how quickly cryptocurrencies will win the trust of players as a payment method that is just as secure as other currencies. Sure, there are a few reasons to be cautiously optimistic that, in as little as a year’s time, it could a very different scenario. At this moment, though, cryptocurrencies are a fantastic investment opportunity for avid online casino punters and we’re noticing a trend towards crypto-dedicated operators popping up slowly but surely.