Online casino industry has been a pioneer in the implementation of digital currencies as a payment method, and nowadays there are numerous hybrid casinos, which accept fiat currency and cryptocurrency, as well as crypto-only casinos.
It is always good practice to look at the pros and cons before making a decision, whether you want to continue gambling with fiat currency, or if you prefer to use cryptocurrency instead. Therefore, lets make a brief comparison of the benefits and drawbacks of an online crypto casino when compared to an online casino which only accepts fiat currency.
- Pros
Anonymity;
Decentralized;
Fast transactions;
Security provided by the use of blockchain technology;
Bonuses and promotions;
Provably fair games.
- Cons
Volatility of cryptocurrencies;
Sometimes there are high fees to withdraw money;
Some countries may have restrictions on crypto gambling.
