A cryptocurrency is digital money, which does not physically exist, but which, for all practical purposes, is equivalent to the money we use on a daily basis. Bitcoin is the first and most popular cryptocurrency in existence and offers a very attractive detail for its use in casinos: anonymity.
Can you imagine betting and winning bonuses in your favourite casinos with a 100% digital currency?
This type of digital currency offers great advantages for both casinos and players. The first one is related to its total independence from other currencies and central banks. Thus, the currency is not affected by governments or the political and economic events that usually compromise traditional currencies. Thus, there is no inflation or fluctuation in terms of its value, which remains stable and somehow insulated from the outside world and financial crises.
On the other hand, security is not something to be overly concerned about in this case, as Bitcoins offer a very advanced security protocol capable of maintaining complete anonymity.
Finally, the speed and ease of use of this type of currency in the digital territory are light years away from the rest.
