Did you know that bitcoins can be transferred between users just through bitcoin addresses?
This bitcoin addresses are the series of numbers and letters which range from anywhere between 27-34 characters, and not to forget these transactions are processed for free; interesting right?
The main agenda of the payment processing is that, when it comes to running an online Bitcoin Casino or even a gambling site, the most crucial aspect is that of the payment processing. Each time the player makes a deposit using any of their modes of payment, be it a debit card, credit card, bank account or even an e-wallet like PayPal there is a certain amount of fee for using these services, yes heard it right!! Therefore it is the most important thing!
Bitcoin gambling, its payment process
Many of these online gambling sites cover the fees and do not forfeit on their players, and few do charge the users too. Bitcoins are the most attracted to online gambling operators, as the deposit and withdrawals are all for free of cost in such a way that one can eliminate the payment process cost as well. This allows the sites to gain a lot more money for deposit bonuses as well as other promotions; of course it should also allow them to offer best payouts in this big world of online Bitcoin games.
The second most crucial characteristic of bitcoin is that there is decentralization and also these are no connection with any government or banks. This means that the funds which are used cannot be seized or even frozen like the way the bank might held it back for using the tradition currency.
The importance
The online Bitcoin Casino gambling players whose money has been frozen many a times over the time by the government, it is a big deal for them. Bitcoin helps the players to gain main control over their money with a certain kind of freedom of choice to do as per their wish with their money, which is a bonus to them.