Why Is Bitcoin So Attractive for iGaming and Gaming Industries?
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Online gaming is big business. The annual global online gaming market was valued at 48 billion USD. Most advanced and daring online casino operators are offering platforms to play with bitcoin.
Online casinos have issues related to accuracy of odds, security of cash bets and payouts, delays in withdrawals and high fees. The integration of blockchain technology and online gambling will solve these problems.
Anonymity is the main advantage of Bitcoin online casinos. Decentralization of the payment system deals with it.
Transparency by transactions is the principle of Bitcoin transactions. Financial transactions conducted at Bitcoin Casino are irrevocable.
The reliability of the system is superior to any other system. Bitcoin's properties guarantee security.
Bitcoin casinos are attractive for those who want to enjoy the gaming process. One Bitcoin has 100 million Satoshi. A player can bet one Satoshi, which is equal to about $0.002.
Bitcoin transfers have no restrictions. Bitcoin-only casinos are more generous than their online competitors. Bitcoin transfer fees are either very small compared to other currencies or none at all.
There are special client programs that install bitcoin on gadgets. This allows the bitcoin payment method to be used as a regular wallet. There is no limit to the number of transactions.
