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Bitcoin Hotshots 2 October 2020

Bitcoin Hotshots 2 October 2020

Every crypto gambler has been on both ends of the price fluctuations while playing online. In the past, the only way to avoid it was to sell out your crypto for a fiat-currency. Now with the introduction of stablecoins this has changed.

One of the major benefits for online gamblers to make use of stablecoins is being able to escape the volatility that comes with other cryptocurrencies. There is no worry of losing the value of wins on casinos offering stablecoins.  A great example here is BC.game. They make use of the three most popular stablecoins DAI, USDC and USDT. They also offer an excellent exclusive bonus to TBS readers and all amounts won can be guaranteed to retain expected value(EV). Cloudbet is another excellent example of a stablecoin-friendly casino. They currently offer USDT as a payment option.

Another standout feature of stablecoins for online gambling is that transactions are extremely quick! Stablecoins are developed on Ethereum’s ERC 20 protocol which allow them to function with the same efficiency.

If you look at a site like Edgeless, who offer DAI as an option, whenever a player decides to deposit or withdraw they can be playing in a matter of minutes. There is no lost time waiting on transactions to clear before starting to bet.  When withdrawing players are also assured that they won’t have to wait ages to regardless of where they are based.

The bottom line is that stablecoins protect your bankroll while being time efficient. The best option to stay balanced on the EV is to gamble using one of the accepted stablecoins. When visiting sites like Playbetr , it is easy to understand why the stability makes these platforms great gambling choices.

Another hotshot platform that offers multiple stablecoin transaction options is Kawbet. Here not only will you discover all the advantages of betting with stablecoins but you can also use the them on almost every type of betting market including sports, slots, table games, virtual sports, live sports, and esports.

As they gain in popularity more and more brilliant Hotshot casinos are adopting stablecoins as a method of depositing and withdrawing. In time we will, in all likelihood, see most top online casinos onboarding them as a preferred payment option.

We hope you enjoy trying it out using some of these killer hotshot bonuses!

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Stablecoins may or may not be everyones first choice, but it is hard not to notice the distinct advantages of using them for online betting. To keep on top of the latest casino’s to onboard stablecoins or any other industry developments keep up with us via our newsletter, Twitter, Bitcointalk, or on our newsfeed which updates regularly.

 

Published by Jen Van Lier

Jen Van Lier

About the author

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.

Last updated by Nick Hawke on October 2, 2020

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About the editor

Nick is the CEO and founder of The Bitcoin Strip and has reviewed and written about Bitcoin casinos, sportsbooks and poker rooms for 9 years. He first entered the Bitcoin gambling market in 2011 following a widespread closure of poker rooms in the US.

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