5 Reasons Why Crypto Casinos are Becoming More Popular

3rd December 2020, Limassol, Cyprus – Gambling has been on the rise over the years, with many more people participating every day. While it started with physical casinos, it has evolved into online cryptocurrency casinos. These online casinos are becoming more popular than their physical counterparts, for a number of reasons. The following are five of the reasons why this trend is growing rapidly.

Privacy 

To enter land-based casinos is to make personal data vulnerable: you have to share sensitive information such as your name, age, ID documents, banking information, and sometimes even your passport depending on where you are playing.

But you won’t need it all to play in crypto casinos because cryptocurrencies are based on decentralized public blockchains that make transactions fully anonymous.

While this started with Bitcoin, there are now many other cryptocurrencies that are created with privacy in mind. These are known as privacy coins, and some of them are now used for gambling, further safeguarding the privacy of users of these platforms. This is likely to attract more people as time goes on.

Lots of Bonuses Available on Crypto Casinos

Bonuses are part of casinos, including physical ones. However, crypto casinos give more bonuses to its users by far. There are millions of people across the world who are curious about the cryptocurrency industry, but they are afraid to use their money to buy crypto. By gambling online, they stand a good chance of winning some significant cryptocurrency bonuses that could help them build their crypto portfolios fast. 

No Restrictions on Participation

Physical locations are a major hindrance when it comes to gambling. This is why it is worth mentioning that crypto casinos allow anyone and everyone from any part of the world to participate without any geographical restrictions. There are even online casinos that restrict players from certain parts of the world from using their platforms, but this is not the case with crypto casinos. This, of course, gives this category of casinos an edge over the others and is one of the reasons that they are getting rapidly popular.

Crypto Casinos Are Safe and Secure 

The government all over the world is always trying to participate in the activities of citizens. This is the case with brick and mortar casinos and some of the regulated online casinos. With cryptocurrency casinos, however, users are completely safe due to the fact that they are fully anonymous. This makes it impossible to track their activities, and so they can safely carry out their transactions without any form of interference from the government or regulators.

Security is also a major issue for gamblers when they carry physical cash or other rewards. With crypto casinos, rewards are withdrawn directly to users’ personal wallets with no middleman whatsoever. This makes it impossible for anyone to attack you or steal from you, as is the case with physical casinos. It also keeps you safe, as your payment details, such as credit card number, cannot be traced back to you.

Everyone Wants a Piece of Crypto

Cryptocurrencies have come a long way from highly controversial assets to much sort after digital currency. Corporate mainstream organizations have recently been trooping to Bitcoin as an investment. It is for this same reason that Bitcoin casinos are becoming more popular. Many people now consider cryptocurrencies as superior to fiat currencies, such as the U.S Dollar, and they want a piece of it. Therefore, many gamblers are rushing to these crypto casinos in order to win rewards in cryptocurrencies, and this trend is not likely to slow down soon.

There has never been a better time for crypto casinos to shine, and leading crypto casino 1xBit is one of the best examples. All the advantages of crypto casinos enumerated above can be enjoyed on this platform and more. New users can get up to 7 BTC sign up bonus for the first 4 deposits, and there are more than 25 cryptocurrencies available to choose from.

The platform is completely anonymous, as the simple registration process does not require any personal details. Players can also easily withdraw their rewards to their personal wallets without paying any fees. 

Conclusion 

If you have been contemplating on whether or not to use crypto casinos, it may be the best decision you ever made at this time to do so. If you sign up on 1xBit, you will enjoy the many benefits of using cryptocurrency casinos instead of regular online casinos or physical ones.

 

For more information about 1xBit, please visithttps://1xbit.com/

Check out the official 1xBit blog for the latest articleshttps://1xbit.com/blog/

 

Media Contact Details

Contact name: Anastasia Semenova

Email: marketing@1x-bit.com

 

1xBit is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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Bitcoin Casino LuckyB.it Offers Winnings up to 15 BTC and a $1000 Instant Deposit Bonus

Bitcoin Press Release: Bitcoin community-driven betting platform LuckBit have announced some of the best promotions available today. This includes a 100% instant deposit bonus of up to $1,000, a 15BTC max winand a transparent, tiered affiliate program. 

 

22st October, 2020, Curacao – Founded in 2013 as a Bitcoin Community project, LuckyBit is known for its original in-house developed games, transparent nature and huge payouts. The community based LuckyBit casino is now offering everyone the chance to claim an instant deposit bonus of up to $1,000 for a first deposit, and win a 15 BTC prize from a single bet. 

 

In addition to these industry-leading payouts; LuckyBit is willing to share up to 50% of the site’s entire gaming revenue with the sites affiliate program allowing players to earn passive income with their well planned, transparent and tiered program.

 

Win Up To 15BTC And A 100% Instant Deposit Bonus

LuckyBit players can win a massive 15BTC prize from a single bet. The odds of hitting a 15BTC jackpot are not high, so LuckyBit have decided to double everyone’s chance at winning, with a 100% instant deposit bonus, up to $1,000 USD. To try and cater for whales and minnows alike, LuckyBit has a 3-tiered deposit bonus structure, so everyone can benefit from the promotion.   

 

Tier 1: Players depositing up to $1,000 will get an additional $1,000 bonus instantly in their account. To withdraw the bonus or winnings players will need to wager the bonus amount (deposit+bonus) 55x within 15 days, after which time the bonus will expire.

 

Tier 2: The second tier enables players depositing up to $500 to double their deposit, and only have to wager their (deposit+bonus) 45x within 15 days from their second deposit.

Tier 3: Players depositing up to $250 will also double their deposits, and can withdraw their funds by simply wagering the total (deposit + bonus) 35x within 15 days.

 

Earn Passive Income as a LuckyBit Affiliate 

A huge 50% of it’s gaming revenue can be allocated for the renowned LuckyBit affiliate programme. This generous company standard stays true to LuckyBit’s provably fair business model, while offering its users a transparent, competitively tiered revenue share model. 

 

The affiliate program takes into consideration the total of all bets made, less payouts, bonuses and fees to come to a calculation of the ‘net gaming revenue’. The total revenue is then divided using a 5-tiered share model, with new affiliates guaranteed a minimum 35% share of revenue for the first three months of their membership. 

 

Tier 1 ( 0-1 BTC Revenue) – 25% Share

Tier 2 (1-3BTC Revenue) – 30% Share

Tier 3 (3-10BTC Revenue) – 35% Share

Tier 4 (10BTC – 25BTC Revenue) – 40% Share

Tier 5 (25+ BTC) – 50% Share

 

Players simply have to share their referral link with new players. These players then sign-up using that link, deposit money (get that sweet 100% bonus) and start betting for the chance to win up to 15 BTC. 

 

No Negative Carryover (NNCO)

Players at LuckyBit are protected by something called NCCO. This means that negative revenue results for LuckyBit, (like players winning large sums of BTC) will not affect affiliate players chances for payouts next month. In this event, Instead of losing BTC players balance would just be reset to 0. 

 

The LuckyBit affiliate programme gives everyone the chance to create risk-free passive income in BTC, in addition to the many generous promotions, the 15BTC prize and transparent, unique gaming experience that they are known across the industry. 

 

Win up to 15 BTC on LuckBit Plinko –  https://luckyb.it

Join the Affiliate programmehttps://affiliate.luckyb.it/

BitcoinTalk Thread https://bitcointalk.org/index.php?topic=5211259.640

Follow LuckyBit on Twitterhttps://www.twitter.com/luckybitgames

Follow LuckyBit on Facebookhttps://www.facebook.com/luckybitgames/

LuckyBit on Instagramhttps://www.instagram.com/luckybitgames/

 

Media Contact Details

Contact name: Martin Prinosil

Email: martin@luckybit-entertainment.com

 

LuckyB.it is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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