The cryptocurrency world got another nod recently when the online gambling rooms started accepting more cryptocurrencies. Bitcoin has been accepted for some time now at a host of different online casino and poker rooms that operate worldwide, but this adds other cryptocurrencies to the mix. You can now deposit and withdraw funds using over 60 different cryptocurrencies.
This move was inevitable it seemed. It’s no surprise that it finally happened. One thing to note is that these online gambling sites are not based in the US. They are regulated in other countries, but they do provide services to US players. Online gambling is a worldwide business though, and you can now use over 60 different cryptocurrencies to make deposits and withdrawals at these sites.
This is a pretty big deal to the players at these sites. They can now deposit and withdraw money faster than ever. One of the things that have held people back from playing at certain gambling sites is the fact that they don’t have an easy way to deposit or withdraw your money. The process will be different from site to site. Sometimes they’ll take credit cards and other times not. Sometimes you can deposit a certain way and then a week later that option is gone. Now you can deposit with cryptocurrencies and it’s making the whole process much smoother.
Check the forums for proof that cryptocurrency is the future for online currency
If you check the forums you’d find a lot of happy customers at the gambling sites. Happy when they want to withdraw their winnings. Looking through the forum posts at numerous sites that track how long a certain gambling site takes to pay out shows use exactly what has been going on. It used to be that it could take months for someone to get a check in the mail. Not only that but you were only allowed so many free checks per month and they usually had a limit.
With cryptocurrencies that problem is solved. You can now get your money the same day you request it, plus you can request much larger amounts. The fees are also way down because of the way cryptocurrencies work. Ask any gambler at the forums about which is the best way to deposit and withdraw funds from a gambling site and almost every single one of them will tell you to use cryptocurrencies, the most popular being Bitcoin.
With the addition of other cryptos it brings some validity to the digital jungle that is now cryptos. Whatever “coin” you want to use is most probably accepted at these gambling sites. I guess that makes sense as it is a gambling site after all. It would make sense for these sites to take a gamble on the crypto world. And if you’ve been following cryptos then you’d agree that it’s probably a good bet to go this route.
It will be interesting to see where else you’ll be able to use other cryptocurrencies, but for now the gambling world online is taking a charge at it. I’d expect more to come in the future. With Japan recently accepting Bitcoin as a currency it’s going to be hard to stop the crypto world from snowballing even further. In any case, gamblers all over the world are extremely happy about what is happening right now in the crypto universe.