Gone are the days when people used to throng into Casinos in Atlantic City and Las Vegas. The increasing number of online casino platforms have made it easier for people to just sit in their living room and place bets on all the regular casino games with almost similar winning odds.
The growth of the already booming online casino market is further fueled by the entry of cryptocurrency based gambling platforms. While many people still prefer conventional online casinos, wagering their fiat currencies, the cryptocurrency based gambling platforms offer certain advantages that other platforms can’t possibly match.
Compared to conventional online casino platforms, Bitcoin casinos can be accessed by anyone from anywhere in the world. They can easily transfer their cryptocurrency into the casino’s wallet and start gambling. However, the regular online casino platforms are usually region specific and deposits can be made only by fiat, using conventional wire transfer or card payments.
The adoption rate for online casinos is much higher in the places where it is legal and readily accessible. The increased adoption of conventional casinos is mainly due to the lack of awareness about cryptocurrencies and also concerns regarding the authenticity of these platforms.
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Read more ... source: NewsBTC USA
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