While digitalization is penetrating every sector, online gambling, and casinos are witnessing the arrival of something revolutionary.
Recently, more and more casinos, as well as slot games for new GamStop customers, have started to accept payments in digital money, which is directly related to the increasing number of crypto asset holders.
Such casinos have several advantages that draw players’ attention, such as better anonymity, fast transaction processing, fewer restrictions, and more.
In this review, you can get a bigger picture of all the perks of depositing in crypto while playing at non-GamStop casino sites and learn to use them to make your stay at the casino as comfortable as possible.
However, this article is just for informational purposes and must not be considered investment advice.
Why Crypto Is Favoured by Casino Players?
Digital money is one of the most popular payment methods when choosing a non GamStop casino online due to many reasons. Below, we are going to analyze the most influential factors contributing to the popularity of crypto casinos.
Crypto Has Little to No Transaction Fees
If you play using fiat money, you often encounter transaction fees which, sometimes, can be too high. It spoils the gaming experience and overall impression of the casino. Non-GamStop gaming sites working with digital money do not feature such a disadvantage.
If you check the cashier section or visit the T&Cs of any crypto gaming sites, you can notice that both depositing and withdrawing transactions using tokens do not come with any additional fee.
This is mainly related to the fact that crypto cashing in and cashing out transactions are not controlled by any financial institution or bank. Thus, there is no need to spend additional resources on checking and confirming the operation.
Crypto Casinos Often Have No Self-Exclusion
If you have not yet encountered crypto casinos before, you might be wondering whether crypto casinos support GamStop, or not. Despite the positive GamStop influence on the crypto market, you might be surprised to find out that there are still many casinos that use cryptocurrencies but stay out of this self-exclusion scheme. Why?
There is a large number of players who mistakenly join this program and cannot remove themselves from the blocklist on their own until the end of the self-exclusion period.
In this case, crypto gambling can be a great solution. If you are among such gamblers, all you need is to head to the casino site, register an account, make a deposit, and enjoy your favourite games without limits.
At the same time, most crypto casinos support internal self-exclusion tools that allow you to activate the cool-off period or set limits on deposit amount per day, week, or month.
Payments in Cryptocurrencies Occur Faster
This advantage is directly related to the lack of control from the intermediaries mentioned above. Since crypto transactions proceed from one wallet to another directly, there is no need for online gambling site experts to manage everything on their own as well.
As a result, you can instantly deposit in a few clicks and start playing in just a few minutes. In this case, there is no need to contact the customer support service or browse the T&C section and look for technical nuances.
When it comes to withdrawing funds, this advantage becomes even more exciting. While fiat money transactions can take up to several business days, cryptocurrency transactions can be processed within several minutes.
Of course, some exceptions are mainly related to the features of the profile (for example, fines that require additional verification). Also, withdrawal times may vary among different tokens. So, for example, Bitcoin casinos are distinguished by the fastest transaction speed.
Crypto Users Have More Anonymity
As you know, the main goal of any cryptocurrency is to allow digital asset holders to participate in trading with maximum anonymity (although there is an alternative opinion that cryptocurrencies do not guarantee anonymity).
In the case of online casinos, we are talking about depositing and withdrawing funds. Remember, crypto transactions are only recorded in a sequential decentralized ledger containing only verification codes.
As a result, they are not required to disclose their identities. This is exactly what most players count on when registering at a crypto casino: to enjoy their favourite games without disclosing information about where they live and who they are. To complete a transaction, all you need to provide is a username to identify your account and access your designated crypto wallet.
It’s crucial to remember that different jurisdictions have different gambling laws and regulations, so people should use this guide for anonymous crypto sports betting and always ensure they abide by their area’s rules.
Blockchain Technology Is Secure
As mentioned above, no third parties control the operations, which means there are fewer vulnerabilities that hackers can affect.
In addition, cryptocurrency casinos can boast advanced security measures. Among them are SSL encryption and two-factor authentication, which are used to protect sensitive information.
Also, blockchain technology is characterized by immutability (after a transaction is recorded, it can not be changed or deleted) and consensus (multiple nodes verify transactions) features.
Also Read: How Safe Are Crypto Casinos?
Conclusion:
Currently, crypto casinos are a promising direction in the gambling industry, which is confirmed by the trend of expanding their audiences. This is because crypto can be bought safely (if you know how), and it is fast and anonymous.
Crypto casino players enjoy greater flexibility in terms of depositing funds and withdrawing winnings, fewer restrictions, and better anonymity. In addition, you can expect that such a casino will provide 100% security of your personal/financial data and also not set up transaction fees.
