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Bitcoin Casinos – Where Are They Now?

Bitcoin Casinos – Where Are They Now?

It’s easy to see that Bitcoin and other cryptocurrencies have pierced the online casino market, changing the game forever. Whether you are looking at the gambling industry or the financial world in a hole, digital coins as a whole have reshaped the game, opening the doors up to an unimaginable amount of possibilities. 

In this article, we will take a look at Bitcoin’s impact on the gambling industry, the advantages of Bitcoin, the importance of banking at Bitcoin casinos, and of course and an up-to-date list of the best Bitcoin casinos right now! 

Bitcoins Impact On The Gambling Industry

With a few years of Bitcoin and other cryptocurrencies being on players’ radar, it’s clear just how successful it could become. From the Bitcoin price skyrocketing to the overall recognition of cryptocurrency, Bitcoin and other digital coins have further improved the industry, bringing about the huge potential for all involved.

In 2014, a study was conducted to find out more about the connection between the two industries. Due to the similar nature of entertainment, the two sides have slowly become intertwined, giving enthusiasts a glance at the possibilities it holds when brought together. 

The studies’ results were eye-opening, racking up numbers bigger than even the experts believed, and now with years passed and popularity increased, you could only imagine the growth. Before we go any further, here are the results;

  •  $4.5 billion had been bet using cryptocurrency, which is the equivalent of around 24.5 million transactions via the use of Bitcoin and other various digital coins
  • There are a total of 337 crypto gamblers making a wager every minute, using the three most popular digital coins at Bitcoin casinos.

Bitcoin Casinos have changed the landscape of online gambling

Advantages Of Bitcoin Casinos 

Bitcoin has brought life back to the online gambling industry, broadening the horizon for all those involved. Besides the increased activity, there are a few other points worth noting: the advantages that come along with banking with Bitcoin.

Bitcoin and other cryptocurrencies all work in slightly different ways. Although they mainly all operate on the blockchain system, one or two are entirely unique, such as Ethereum. 

Bitcoin casinos allow players to explore digital currencies, giving players the freedom to find their fit, with the benefits of improved operations. Bitcoin and other cryptocurrencies hold many advantages for those interested in playing at a Bitcoin casino.

The advantages of Bitcoin Casinos include; 

  • Anonymity
  • Decentralization
  • Security
  • Cheaper transactions
  • Higher quality games selection

Bitcoin casino is integral to growth of Bitcoin as a currency

The Importance Of Banking Methods At Bitcoin Casinos

Whether it be fiat or crypto, now what banking methods to use comes at a considerable advantage. Besides the games at a Bitcoin casino, the banking methods on the table are what paves the way to a successful session at your favorite casino. 

At first, online gambling’s most common banking method was debit and credit cards. Still, with the advancement of technology and the introduction of cryptocurrencies, the option of Bitcoin casinos came about. 

Out of all the cryptocurrencies on the market, a few have gained more popularity than others, and the kingpin currently is Bitcoin. Online gambling sites that offer digital coins are known as crypto casinos, or more specifically, Bitcoin casinos for those that provide that option. 

Another advantage of gambling at a Bitcoin casino is that those who wager do not need a bank account to participate but instead need a crypto wallet, which provides quick, safer, and cheaper transactions. The crypto wallets are easy to use, and most options are readily available for players to get in on the action. At thebitcoinstrip.com, the recommendations for a wallet would be;

  •  Ledger Nano X
  • Trezor Model T
  • Ledger Nano S
  • Exodus

Bitcoin casinos rely on solid crypto bnking methods

The Best Bitcoin Casino 2021

The Bitcoin Strips’ main goal is to keep its players in tip-top shape, and by providing you with updated lists of the best Bitcoin casinos, you can do just that. All the casinos listed below have been inspected to ensure that the games, bonuses, payment methods, design, and terms of service all benefit the player. 

On a regular basis, the team also ensures the top 30 Bitcoin casinos found on the front page are updated with a variety of new crypto casinos. If you would like to have the upper hand, sign up for the newsletter to receive the weekly hotshots filled with lucrative bonuses and endless opportunities to win. 

Bitcoin: Bigger And Better Than Ever

Bitcoin is a currency like no other, and with the dominance of the market, this digital coin has been able to reshape the financial world, opening doors to new possibilities. Bitcoin and other cryptocurrencies bring about banking freedom and have improved the standard of gambling all around. Bitcoin casinos are now that go-to option for any player looking to increase the fun and up the rewards. 

 

Last updated by Jen Van Lier on October 4, 2021

About the editor

As website manager, Jen contributes reviews and updates to The Bitcoin Strip on a daily basis. Jen worked in the casino industry for 9 years before focusing on Bitcoin in 2016. She writes on subjects ranging from traditional slots all the way through to unique Bitcoin games, provable fairness and Ethereum smart contract gambling.

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