Alternative Crypto Possibilities for Casino Payments
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The popularity of cryptocurrencies is increasing. Many countries block the use of fiat payments on sites that put citizens at risk.
Gilfred Helmonsen explains alternative crypto-paysments for casino payments to the team.
Sweden and Norway have already banned credit cards from casinos. Banks are obliged to block such transactions.
In order to encourage responsible gaming, many governments are implementing restrictive approaches. Sweden and Norway are the only countries that have implemented this approach. Cryptos are a currency with no central watchdog or authority. There are no restrictions regarding where you spend your money at. Transaction fees are almost non-existent.
Cryptocurrencies are the most popular payment method for casino bets. There are no restrictions on gambling.
Helmonsen explains what cryptocurrencies Gamers use. He believes Litecoin, Ethereum, Tether, and Binance are safer alternatives to Bitcoin. He also believes that beginners prefer to use a relatively known currency.
Some people can't afford Bitcoin. Litecoin, Ethereum, Dodge and other crypto payment systems are equally effective but more affordable.
Gambling is already risky as is. Why use a payment method which's price fluctuates daily?
