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Change in the status quo can be daunting, but Bitcoin has utilised our love of the internet and all things open source to give us an entirely new payment method. Bitcoin online casinos are the thing of the future, in my humble opinion. Available to everyone, with payments being processed from country to country in as little as ten minutes, Bitcoin is the dawn of a new age.

Bitcoin Casino Banking – A Bit Of The New Coin In Town

Here at VegasMaster, we thought it was high time we reviewed Bitcoin online casinos for our readers. This isn't just a new payment method; this is a new type of currency. Not only online casinos have jumped on the bandwagon, but it has also created its own industries, based entirely around this innovative new monetary system.

The Bitcoin Casino Payment Lowdown

It's quite a lot to get your head around, but Bitcoin is basically the new currency of the internet.

While this may be difficult to get our heads around at first, Bitcoin Casinos are popping up all over the World Wide Web as a real solution and alternative to any online casino payment method woes that might have been troubling us.

No inconvenient national or bank holidays stopping you from topping up your wagering money.

To put it as simply as possible, Bitcoin is digital money. It works using a peer-to-peer network and has no authority over it by banks or financial institutions. Bitcoin works on open-source software and is a mobile app or computer programme that gives you a type of e-Wallet and allows you to send Bitcoins through it.

The Advantages

You will get full control over your money, you can deposit to online casinos with Bitcoin at any time of day or night, on any day of the year. No inconvenient national or bank holidays stopping you from topping up your wagering money. There are also very low fees involved, if any.

For the Bitcoin online casino, there are fewer risks as transactions are secure and irreversible. For the online casino player, they contain none of their personal, sensitive information and they offer a high level of control over the transaction. Mobile payments are simple and allow depositing Bitcoins to an online casino easy. International payments are processed just as quickly as local ones.

The Disadvantages

A lot of people and businesses are still unaware of the Bitcoin Casino Payment Method, and it can be daunting to get your head around such a new concept. After all, when money was first invented, people probably had an issue with the fact they weren't still bartering with sheep and cattle. The market price for Bitcoin is also slightly volatile as even a small business change can affect things drastically on this small current scale.

Review Summary

-Secure transaction
-Fast processing of payments
-Available to everyone in any country
-Still a very new concept

RATINGS

Read more

82%

Popularity
60%
Security
80%
Simplicity
90%
Availability
100%

About The Author

I'm a British girl who loves to gamble, I'm totally addicted and go to meetings in the casino weekly ;) When I can't get out to play, I play online. I write these reviews to keep you up to date with all the new slot machines and goings on in the world of the online casino. I'm here to help you Gamble Clever.

1 Comment

  1. linm

    I read that Bitcoin has been suffering because the founder of The Silk Road was arrested. Users of the drug trafficking website paid using Bitcoin. I don’t believe the banking service has any charges against them, but their stock shares are decreasing in value.

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