Bitcoin online casinos are the trend of 2020. This format is likely to become a real headliner for the gambling industry in 2021. Almost all online casinos, and of course the institution with the sonorous name CasinoChan Canada, already offer each player a certain free service, various bonuses, games of several types, the possibility of placing a bet on credit and trial free spins. The growing popularity of online casinos has already triggered an exponential surge in interest in cryptocurrency as the primary means of payment. Most often, the casino accepts BTC, ETH, XRP, USDT, ADA, but there are also more exotic options.
There are a lot of main reasons why the rotation of the virtual roulette or the next bet is paid with cryptocurrency. We will further discuss this point in more detail, while we will name the main ones – security, anonymity, the ability to play on the difference in rates, special conditions that differ in each casino. Also, experts will share their thoughts on the general prospects of online casinos, the emerging trends in the transfer of payments to bitcoin (BTC), the main reasons for launching a project (business registration).
As a kind of bonus, we will talk about possible rates of major cryptocurrencies in 2021 and methods to expand the audience of bitcoin online casinos. We will also tell you about the main competitors of the future project and their branded chips, which allows you to constantly expand your audience (free spins, bonuses, and credit-bets are not all).
Arguments in favor of registering a bitcoin online casino
- Going international. An online casino offering services without reference to a specific jurisdiction is a fundamentally different, higher level of business. Significantly safer and more promising.
- Reorienting players to the Internet. Online casinos are not a fleeting fashion, but a new entertainment format. The main advantage over traditional casinos is the lack of binding to a specific address and a much greater level of comfort.
- The minimum period for the practical implementation of the project. We will not argue that a Bitcoin online casino can actually be launched in a few days without any effort at all.
- A minimum of intermediaries. A player who does not want to advertise his hobbies is likely to choose the bitcoin online casino. The format ensures independence from banks, which have recently become increasingly interested in the movement of funds on clients’ accounts.
- Low level of competition. In 2020, the bitcoin online casino sector was just getting on its feet. However, due to the obvious popularity of the format and its many advantages, it can be assumed that this business area will soon attract many new strong players.
- High level of anonymity. Casinos are a rather specific area of business, players usually avoid publicity. The ability to stay in the shadows is a very significant bonus, for many it will be the main advantage.
Extremely high yield. The casino is a high-risk business, which is offset by its profitability. If the game is played over the Internet, payments (bets) are made in BTC, material bonuses will be significantly higher. At least, due to the growth in the rate of cryptocurrencies.