Over the years, the online gambling industry has supported a plethora of payment options. But with the introduction of cryptocurrencies, the iGaming industry has grown to support a good number of crypto coins for casino payments. So, below we have discussed the different ways in which crypto casinos have impacted the gambling industry. Online casinos and cryptocurrencies Cryptocurrencies have for a long time been used for payments in different industries. But with the popularity of Bitcoin and Ethereum, the online gambling industry has embraced these payment methods. Furthermore, Bitcoin casinos have become the go-to destination for most gamblers across the globe. This is mainly because the payment option is decentralized. So, anyone from any country or region can use BTC for casino deposits, provided the country supports online gambling activities. Benefits of cryptocurrency in online gambling The popularity of cryptocurrencies has been mainly because of how convenient and easy it is for players to make online casino payments, as discussed here. Affordability Online gambling has its perks but also its guidelines. The obvious one being, you can make money if you win. But other common withdrawal options like bank transfers will charge you for casino transactions. On the other hand, crypto coins like Bitcoin do not charge for deposits or withdrawals. So, you will receive the exact amount that you win ...
