The online gambling industry has been through a number of changes over the last decade, with many different factors being responsible for this.
Advancements in technology have led to software providers creating popular new products such as live casino, while ever-increasing talent at online casinos has resulted in more creative welcome offers and innovative new games.
One aspect that has gained significant traction though is the availability of more payment methods, especially since fintech created even more possibilities such as e-wallets.
In particular, over the last couple of years, cryptocurrencies have gained a huge following and this has prompted more and more online casinos to offer these as a form of payment method and there are many advantages to this for players.
Currently, there are only a handful of crypto-only casinos available for players, though the likelihood is that many more of these will be developed in the coming years which has indicated that this could be a big part of the future for the online casino industry.
Especially when you factor in welcome bonuses and what this means for players if they use cryptocurrencies to make deposits. At Casino-bonus.me.uk you can find the latest crypto casinos as well as casino bonuses where you can take advantage of all of the benefits.
While it might take a while for the majority of online casino fans to understand cryptocurrencies and how they work, there are many different benefits of these that provide a good indication of why they could be the future. Let’s take a look at some of these.
Traditional online casinos require players to enter sensitive information if they choose to deposit by debit cards which is still a very common payment method. This can be time-consuming but also poses a risk of putting your financial information out there. With cryptocurrency casinos, this is not required due to the technology that is used for them. Simply players just need to link up their crypto account, which is anonymous, and make their deposit, which also saves time.
Crypto casinos are quickly catching up with traditional online casinos when it comes to the number of games and slots that are available. You can find most of the usual table games at a crypto casino now, while some even have live casino and this will no doubt get even better in the future. In addition, it is not unusual for slot payout rates to be higher at crypto casinos, with most having an RTP (Return-to-Player) of 99 percent.
This is perhaps one of the most exciting benefits of a crypto casino. If you make a deposit of 5 bitcoins for example, which could be worth £10, if you win £20 on a particular slot, that would give you 15 bitcoins when it comes to making a withdrawal. However, cryptocurrency prices can quickly surge and it is very possible that you could make even more of a profit when you convert your winnings back into bitcoin.
If you are interested in even more entertainment-related articles and information from us here at Bit Rebels, then we have a lot to choose from.
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