Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Not only is that good for security but it also means you can remain anonymous. Many online poker players want to remain anonymous because there is no worry about hackers discovering their identity and using it elsewhere. In the gambling world, there are many famous online poker players and they each run the risk of being targeted by hackers due to the amount of money they are winning in poker tournaments. Playing using cryptocurrency means they can remain anonymous yet still enjoy playing in poker competitions.
The same cannot be said when using cryptocurrency and Bitcoin transfers are always instant. It is a digital currency, which means there is no third party involved, such as a bank. Gone are the days of having to wait for a deposit or withdrawal when playing poker online thanks to the introduction of cryptocurrency and for this reason alone, it is easy to see why poker players love crypto.
TheBitcoinNews.com – Bitcoin News source since June 2011 –
Many online payment methods charge a fee to complete a transaction. If you are a regular online poker player, you could be making several transactions every week and the fees soon start to mount up. When using cryptocurrency, there are no fees involved to deposit and withdraw funds. Therefore, you will never have to think twice before making a transaction and this means you can enjoy playing online poker knowing you are not losing money each time you move funds in and out of your online poker account.
Another of the advantages for poker players when using cryptocurrency online is the security. The encryption surrounding Bitcoin and other cryptocurrency transfers means you do not run the risk of your details or money being stolen. When playing at a regular online poker website, you will be asked to provide your personal details and login to your account each time you want to play but that is not the case when using cryptocurrency. You will never be asked to provide personal or financial details when playing online poker using cryptocurrency.
Perhaps the main reason why more poker players are choosing to use Bitcoin casinos is because of the simple and efficient money transactions. When playing online poker, you may not always be playing in the country you reside and that can lead to problems when making transactions. For example, when making a deposit to an online poker account, even if you are using your domestic currency, it can sometimes take 24 hours or more for the funds to appear in your account. The transfer times are often longer when it comes to withdrawing winnings, which can be extremely frustrating.
The question is, why do poker players love crypto?
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
In 2020 and beyond we have seen a significant increase in the number of cryptocurrency casinos available online. Players now have several dedicated Bitcoin casinos from which to choose and that number is only going to get greater over time. Cryptocurrency casinos offer exactly the same type of games as standard online casinos but poker players in particular seem to love playing with cryptocurrency.
Send bulk sms with Bitcoin and don’t worry If your link gets reported. We are constantly monitoring your links and We’ll pause your campaigns if any issue…