12 facts about crypto casinos that will impress your friends
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Crypto casinos are a new form of gambling that is not regulated by any government. The games are decentralized, so the house does not have control over the game and the odds. Players can easily deposit and withdraw money with little or no fees. Crypto Casinos are more secure than fiat casinos because they don't have to worry about being hacked or having their data leaked online.
SatoshiDice online casino welcomed its first bitcoin gambler in October 2010. Cloudbet bitcoin casino still exists but is not among the popular crypto casinos.
Crypto casinos are completely decentralized and unregulated. They never ask players to provide personal data. Transactions are anonymous as they never link to the player's identity.
Crypto casinos have lower transaction fees than traditional casinos. Many bitcoin casinos don't charge a fee if you transfer bitcoin to your wallet. Both withdrawals and deposits can take 5 to 20 minutes to reach your account.
There are more games available at crypto casinos than traditional casinos. On average, these casinos offer from 300 to 500 different gambling experiences.
All popular cryptocurrency casinos offer 24-hour customer support service. They provide reimbursements, special bonuses and dedicated assistants for VIP players.
Crypto casinos offer all sorts of promotions, from free spins to coin bonuses to reload bonuses.
Most crypto casinos offer 10-15 crypto payment options. Some casinos provide more than 50 cryptocurrencies to VIP players.
The global casino market is worth $70 billion. More than 10 per cent of cryptocurrency casino businesses launch every year.
Some crypto casinos offer third-party audits to ensure fair games. The audits have an independent team of auditors responsible for examining the casino’s code, game logic and finances.
Gamblers enjoy the flexibility and anonymity of cryptocurrencies. Transactions are transparent and there are no middlemen to take a cut of their winnings. Cryptocurrency casinos offer a variety of games that one cannot find in traditional casinos.
Crypto casinos offer a variety of games that one cannot find in traditional casinos. Transactions are transparent and there are no middlemen to take a cut of their winnings.
Some casinos are falling into scams by promising big payouts and not receiving the money. Crypto casinos can be a scam.
Best crypto casinos will have official licenses. They need to be transparent with customers, follow KYC and AML regulations, be audited by independent third-party organizations and have adequate cybersecurity measures in place.
