Tag Archive: bitcoin wallet

One of the problems with playing online poker is the waiting period that occurs between the time to make a deposit to the time it takes to actually land into your online casino account. This waiting period, which can be as long as five working days, is very frustrating for someone who simply wants to gamble there and then. One way around this is to stop using traditional account funding methods and move over to utilizing cryptocurrencies. After all, they are both fast and completely anonymous.

Since its inception almost 20 years ago, Bitcoin has seen a more recent rise in price that has taken it to amazing financial heights. So it's no surprise that online casinos are now accepting Bitcoin as standard fare for deposits and withdrawals. For casino players, it offers both the security of the blockchain as well as anonymity. As you can imagine, governmental agencies are not so fond of Bitcoin and would like to be able to control it more. Just be very wary of the currency's volatility.

In spite of some big booms and smaller busts, Bitcoin just keeps marching upwards. Today the price is hovering at around $39,000 per coin. Its core strength to be able to survive all sorts of serious flack and FOMO have meant that big businesses are beginning to take notice. Always on the prowl for new customers, it didn't take online casinos very long to get with the program and start offering deposits and withdrawals in BTC. Today, all reputable casinos will offer cryptocurrency options.