Bitcoin casinos are really trending right now, and it’s something that probably won’t be a fad and continue to grow. The topic of Bitcoins has been in the news a lot in the past few years and combined with Donald Trump as president; the currency has shot back up in value as people look to diversify their investments and equity. Bitcoin certainly is an interesting alternative for using the traditional credit cards, direct banking or e-wallets to deposit and withdraw from a casino but you can now add Bitcoin to that list as well.
Why Are Bitcoin Casinos More appealing?
Without a doubt, there are two main factors that are driving the popularity of Bitcoin casinos. One is that the currency itself is continuing to grow in value. So imagine, players can deposit 1 BTC at a casino and if the wager and win, not only have they made a profit on their player but the value of their currency has shot up as the get paid back in Bitcoins. With more and more players giving Bitcoin a try, that is. It’s true that some players would like to keep their gambling a bit more private and Bitcoin does allow for more privacy than what other casinos do. Another reason is that more regular people are signing up to Bitcoin to get in on the action which is bringing more potential Bitcoin players to the market and they are discovering that some casinos do accept Bitcoins.
Click Chart To Enlarge
Which Are The Best Bitcoin Casinos?
If a casino takes Bitcoin, it doesn’t mean you should put blind trust into it and should treat it like any other online casino. That is you’ll want to do research to make sure you are playing at a recommended, and trusted site that has great customer service and above all will pay out winnings all the time. Probably the top online casino that uses Bitcoin is BitStarz. New players at BitStarz get 20 free spins no deposit.
BitStarz doesn’t just take Bitcoin, but they accept Euro, Swedish Krona, and five others. They are one of the higher ranked online casinos around at many leading casino review websites.
What About Bitcoin Alternatives?
Many cryptocurrency experts think that there isn’t enough difference between Bitcoin and the rest to warrant another cryptocurrency to rise above Bitcoin. Some of the popular alternatives are Litecoin, Namecoin, Peercoin, and Dogecoin. You might see a few online casinos offering Litecoin, but with too many new choices of cryptocurrencies, you won’t see them all offered as some are just too small.
SoftSwiss Casino Games
For the average user, SoftSwiss might not mean anything to you, and that’s fine. Veteran online casino players can name many of the big casino software suppliers and platforms like Net Entertainment, Microgaming, and QuickSpin. SoftSwiss has come into this with new games and a fresh look at online gaming that we haven’t seen in a long time. It is this reason why SoftSwiss casinos are now highly sought out by casino players.
When Should I Invest In Bitcoin?
If you talk to people that are already invested into Bitcoin, they rave about it as the future of currency with it being nearly untouchable and unstoppable as well. No government can influence the currency value, and this is what makes it far more appealing than other currencies especially USD which has been the default world currency for a long time. One of the better sites for following Bitcoin news and trends is coindesk.com which has the most up to date information in the world of Bitcoin and cryptocurrencies.