Online casinos are constantly evolving, and significant changes have taken place in the past several years. Regulatory agencies such the MGA (Malta Gaming Authority), Gibraltar and Curacao mandate the provision of real money gaming to players. However, various countries expressly forbid banks and other financial institutions from processing payments to/from online casinos.
To counter these restrictions, online casinos are turning to digital currency options such as Bitcoin. There are many inherent benefits to using cryptocurrency, such as increased anonymity, zero fees, and no regulatory restrictions on players. The rapid rise of Bitcoin-friendly casinos includes prominent operators such as Vegas Casino and BitCasino.
What is Unique about Bitcoin Casinos?
Bitcoin casinos are unique in several ways. Firstly, they provide an entirely unique payments processing system. Bitcoin casinos also offer generous bonuses and promotional offers to players. All BTC-friendly casinos offer an entirely different registration process to regular online casinos. Many BTC casinos don’t require players to enter sensitive personal information such as name, address and credit card details.
BitCasino expressly caters to BTC players. This online casino offers a generous welcome bonus to players. Plus, registration is possible within 15 seconds or less. Many of the leading Bitcoin casinos offer 3D video slots as well as a wide range of traditional casino games such as roulette and blackjack. Since these are innovative online casinos, they provide players with a wealth of information on cryptocurrency, Bitcoin wallets and how to transfer BTC to the online casino account.
In the US, regulations such as the UIGEA (Unlawful Internet Gambling Enforcement Act) have stifled many payments providers from processing transactions to online casinos. Bitcoin is an effective workaround for this, and now players can actively play real-money online casino games at BTC-friendly casinos.