Bitcoin payments at online casinos

[talkingcasinos]

With the growing popularity of bitcoin as a payment option at online casinos, is it safe to say that all online casinos now accept bitcoin? If not, roughly what proportion of online casinos accept bitcoin.

 

[AussieDave]

With the growing popularity of bitcoin as a payment option at online casinos, is it safe to say that all online casinos now accept bitcoin?

It all hinges of whether the licensing jurisdiction permits crypto payments, or not!

However, I'm not going to do your 'homework', for you. 15 min or so Googling it, should provider the info you need

 

[MissExposé]

@talkingcasinos Check out THIS page on lcb.org
The page shows how many casinos use which deposit and withdrawal methods.

 

[talkingcasinos]

Thanks, guys. I had falsely assumed it was more widely accepted.

 

[JT_BeastsOfPoker]

In poker niche its becoming sort of industry standard to accept Bitcoin, as you basically block out too many potential customers by not accepting it.

 

[PROFRBcom]

In poker niche its becoming sort of industry standard to accept Bitcoin, as you basically block out too many potential customers by not accepting it.

Well, with all the offshore sites, it is definitely standard now. Still less than half of deposits are coming in crypto, and all sites are leaning heavily towards Bitcoin Core.

Lately though we have been recommending our customers to use Bitcoin Cash for deposits and withdrawals. The Bitcoin fees are $20 a send right now and that destroys the experience for casual customers. BCH is $0.01 for the same transfer, and it is done faster.

I do not ever really advocate BCH, but damn, this is a great time to use it instead of BTC.

Also, like AussieDave said, many sites can not offer cryptos because of regulatory bullshit. But I think that will open up in the next year or two as well. Cryptos are mainstreaming as we speak.

 

[Sayindons]

Anyone who pays online with the crypto currency in Bitcoin casinos makes these payments completely anonymously. No bank has the ability to check or register the payment flows of Bitcoins . In addition, the deposit is quick, easy and free in most Bitcoin casinos .

 

[Lucy CBC]

It's spreading more and more, at least as a deposit method, if not as a currency to play in...I'm confident it will become a standard. Mixing fiat and crypto at least

Fees on BTC are high lately, true. But it doesn't have to be BTC necessarily, many other coins are solid, steady and lower fees..

 

[PROFRBcom]

Anyone who pays online with the crypto currency in Bitcoin casinos makes these payments completely anonymously. No bank has the ability to check or register the payment flows of Bitcoins . In addition, the deposit is quick, easy and free in most Bitcoin casinos .

The problem is when you hit an exchange, identities can be deduced by many governments and whatnot. Thus, pseudo-anonymous, not really anonymous because as soon as you use fiat in or fiat out through a regulated exchange, identity is knowable.

It's spreading more and more, at least as a deposit method, if not as a currency to play in...I'm confident it will become a standard. Mixing fiat and crypto at least

Fees on BTC are high lately, true. But it doesn't have to be BTC necessarily, many other coins are solid, steady and lower fees..

We have actually started telling customers to try Bitcoin Cash. The $20 fees most wallets that can not be adjusted are charging to send funds really screws up small dollar players.

For that matter, I don't like $20 fees to send BTC. As such, BCH is the easiest alternative for players to learn, and can often simply implement BCH with their same exchange and wallet set up!

 

[wildtornadocasino]

Wild Tornado support bitcoin, ethereum, litecoin, dogecoin, bitcoin cash and much more!

 

[ClairePaterson]

In the next couple of years, all casino, especially illegal ones, will switch to crypto. Soon, the indicators will grow up to 90%.