Tag Archive: Dogecoin

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Today, you'll often hear a subset of online gamblers who swear that utilizing online crypto casinos is the future of gambling. They will claim that the anonymous nature of Bitcoin and other cryptos allows for a safer environment. All your personal and banking details are not needed so remain out of the hands of internet hackers. But this way of thinking assumes that the crypto casinos are all good guys. Unfortunately, this is far from true and you have a worse chance of losing all your funds.

Over the last few years, the use of Bitcoin, along with other cryptocurrencies has increased dramatically. Online casinos have been quick to jump on the cryptocurrency bandwagon. You can find many top online sites that are happy to accept, not just Bitcoin, but any number of other alt-coins as well. What's great about using online casinos that accept crypto is that they offer some of the best bonuses and incentives for players who make their online casino deposits with cryptocurrencies.

If you've spent time playing online casino games, you would have noticed that these casinos make depositing your funds easy. There are a huge number of depositing options. Yet when it comes to making a withdrawal, things become more complicated. For a start, there are fewer withdrawal options. Then there are all sorts of hoops you'll need to jump through. One of the most serious of these is the wagering requirements. These are designed to ensure you have to spend more inorder to get your funds.

Though cryptocurrencies still haven't made it into the mainstream as far as using them for any sort of business transactions, the gambling industry was very quick to start offering this as a payment option. Virtually all online casinos will offer at least one type of crypto as a payment option. be wary of claims about its watertight anonymity. The truth is that all online casinos require customers to fill out detailed KYC requirements before they are able to access and withdraw any winnings.