Rising Bitcoin Values Boosted Online Casino Players Cash
In the past two months, Bitcoin values have skyrocketed. There have been increases from around $6,700 on November 1, 2017, to more than $19,000 on December 17, 2017. Since then, the value of Bitcoin has been in the $12,000 to $15,000 range.
For players who use Bitcoin in online casinos, the dramatic rise has been a boon. For anyone who made a casino deposit using Bitcoin in November, the value of their deposit rose dramatically. They could double their funds without even playing a game. There's no better feeling than that!
What's Happened to Bitcoin's Value Since?
As of January 5, 2018, the value of Bitcoin is at $15,139. It's slowly on the rise again. While there was a slight drop in late-December, people who use Bitcoin are enjoying another increase. Considering that the Bitcoin was worth just over $1,080 a year ago, the cryptocurrency is proving to be very impressive.
Will Bitcoin continue to climb? There's no way to be certain. Like the stock market, values can soar and crash without any forewarning.
Why Choose Bitcoin?
Bitcoin is a cryptocurrency. When you make a deposit to your favorite casino, it's a very secure method. As you use a code rather than any account numbers, hackers can't run off with your personal information and put you in financial ruin.
There's another good reason to use Bitcoin at the best Bitcoin casinos. No matter where you live, Bitcoin will be accepted. While Neteller and Paypal do not allow U.S. players to make casino deposits, Bitcoin does.
How Does Bitcoin Work?
Visit Bitcoin.com and set up a free Bitcoin wallet. The software is compatible with Android, iOS, Linux, OSX, and Windows. Once that's set up, purchase Bitcoin using your debit card or another bank account. If you're really worried about this transaction's security, you can use a prepaid Visa or MasterCard or a refillable debit card like Green Dot.
Once there's money in your Bitcoin wallet, you can use it to make casino deposits or online purchases. Instead of sharing a bank account with the casino, you use your email for a code that's only good for one use. You don't log in. This prevents others from accessing your Bitcoin wallet.
Try it yourself. Many of today's best casinos take Bitcoin. Make a secure transaction in a Bitcoin casino and play slots, table games, and video poker for real cash.