As an online casino player, you, along with the online casinos, you’d have to deal with new regulations that keep changing and shifting on a regular basis. These changes usually directly affect monetary transactions from and to the casinos. This is where cryptocurrencies, such as Bitcoin come to the rescue. Bitcoin and other virtual currencies easily provide an alternative to handle payments on online casinos while avoiding the restrictions that are attached to FIAT currency. It is only one of the many advantages of using Bitcoin at online casinos as a payment method.
Stake Casino – A Safe and a Secure Bitcoin Casino
Stake Casino is one of the Bitcoin casinos ever to grace the online gaming industry. The casino made its debut back in 2017, and it has been going strong for five years now. It has acquired a massive following, thanks to its safety measures, features, and gaming selection, among other reasons. The casino offers a wide array of Bitcoin casino games, deposit bonuses, betting options, and attractive promotions. The selection of casino games includes slots, card games, and betting shows.
The jurisdiction of Curacao licenses the casino. Over the years, the casino has built itself a reputation for being one of the most trustworthy Bitcoin casino gambling platforms.
Stake Casino Gaming Selection
The casino offers a tremendous gaming selection of over 2000 casino games. These games cover all sorts of casino games. You can enjoy slot machines, roulette wheels, blackjack tables, and video poker. But, that is not all, as the Bitcoin Casino also offers Game Show games as well as a live casino section.
The Live Casino section is quite special and offers a highly immersive experience. In total, the casino offers 53 live casino games. These live casino games cover every Live Casino game you could think of. They include multiple variants of roulette, blackjack, and Baccarat. It also offers other unique Game show games such as Dream Catcher, Spin a Win, Monopoly, and Deal or No Deal. Therefore, regardless of your taste in gambling, you will find something to your liking at Stake Casino.
Bitcoin Casino Promotions and Bonuses
Stake Casino is a generous casino, which is clear from the get-go. You will see a long list of bonuses, promotions, and giveaways at the top. For example, there is the Million Dollar Race promo, a $50,000 Give-Away that takes place every week, and the Level-Up promotion. There are also plenty of interchangeable promotions that depend on the season and current events, such as Christmas promos, Easter Promos, and Asian New Year promos that you can enjoy throughout the year.
Safety, Security, and Reputation
Stake casino has built quite a reputation for itself throughout its years of operation. It is licensed by a well-known authority, the Jurisdiction of Curacao. The casino also offers the 2FA feature, which can help keep your account safe. 2FA is a standard feature in the currency industry, but Stake casino is one of the first casinos to use it in the Crypto gambling industry. Stake Casino is so reputable that it has become the official betting partner of the UFC (Ultimate Fighting Championship). As for the casino owners, they are the same team behind Prime Dice. It is one of the highly reputable and successful dice gaming websites, which has been online since 2013.
That is not all, as Stake Casino is a member of the CGF (Crypto Gambling Foundation). That membership guarantees you that all of its games are fair and not biased towards the casino in any way. Last but not least, the bets on the casino are verified through the platform or third-party websites that offer an open-source procedure.
Stake Casino – No Need for a Crypto Wallet
Stake Casino also offers a unique feature that not all Bitcoin casinos provide. It provides you the chance to buy Cryptocurrency directly on the website through a Bitcoin/FIAT Currency exchange. Therefore, you can easily access the world of crypto and enjoy your favorite casino games without having to have a Crypto wallet, so you can get all of your needs satisfied at one website, Stake Casino. On the other hand, the exchange rates at Stake Casino might not be the best, but it saves you from the headache of opening a Crypto wallet and transferring funds.
Therefore, if you are looking for a smooth, carefree Bitcoin casino experience, then buying it through the casino itself is the way to go, especially when it has a minimum deposit of $5 worth of crypto. Stake Casino is well known for its speedy payouts and instead deposits. So you can expect to quickly get your crypto as soon as you withdraw it from Stake Casino.
Stake Casino might be a Bitcoin casino, but it supports other Cryptocurrencies. Two of the most popular Cryptocurrencies are ETH (Ethereum) and Litecoin (LTC)
It is, without a doubt, the most popular Cryptocurrency after Bitcoin. Therefore, most casinos that accept Bitcoin almost always accept Ethereum as well. Ethereum is known for being processed faster than Bitcoin. Also, when it comes to the transaction fees, they are noticeably less when compared to Bitcoin. Ethereum, on the other hand, is less secure than Bitcoin, but it remains one of the great options to make deposits at Bitcoin casinos. It is the number one choice if you are looking for faster and cheaper transactions from and to your Bitcoin Casino.
Litecoin made its debut in 2011, and it is labeled as an altcoin. It shares many interesting features with Bitcoin and comes with its own set of distinct benefits. For example, it is cheaper and faster, and utilizing Litecoin to top up your balance at your Bitcoin casinos provides top-level security and anonymity.
Stake Casino also supports some of the lesser-known Cryptocurrencies. These other currencies include ripple, dogecoin, Tron, EOS, and Bitcoin Cash. Therefore, if you have a varied crypto portfolio, you will be able to utilize almost any of its currencies to place bets at Stake Casino.
Pros and Cons of Playing at Bitcoin Casinos
Lower Transaction Fees – More Currency at Bitcoin Casinos
Most e-commerce websites and companies make money through transaction fees. That means you will have to pay a fee whenever you transfer your money from one place to another, and that includes making deposits or withdrawals at online casinos. On the other hand, if you use the blockchain and play at Bitcoin casinos, you will still pay a fee, but it is much lower than FIAT transaction fees. Therefore, you will get to keep more of the money that you have won at a Bitcoin casino when compared to a standard casino.
Decentralization of the Blockchain:
Since Bitcoins are decentralized, it means that no banks or governments can control them. Therefore, all of the money you are using at the casino or in your Crypto Wallet is completely under your control. Governments and banks cannot freeze or block your funds. Therefore, when you play at a Bitcoin Casino, you can quickly deposit and withdraw Bitcoin to your wallet without anyone watching or under any entity’s control.
Bitcoin Casinos Offer Total Anonymity:
It is one of the main factors behind the success of Bitcoin and Cryptocurrency in general. It is a fact that Bitcoin guarantees privacy and anonymity. All of your private and personal data will not be attached or shown throughout the transaction. There are even some Bitcoin casinos that allow for completely anonymous accounts. Therefore, you will not have to provide any personal data. Also, unlike FIAT currency transactions, the transactions you make at any Bitcoin Casino will not be recorded by your bank or appear in your credit card statement.
Those are only some of the many pros of playing at a Bitcoin Casino. On the other hand, like everything else, nothing is perfect. Therefore, while Bitcoin casinos have a lot of advantages, they also have a couple of disadvantages.
Cryptocurrency Is Highly Volatile:
It is one of the things that Cryptocurrencies are famous for, as the price of Cryptocurrency, and especially Bitcoin, fluctuates constantly. It is a double-edged sword, as the price can go down and go up, leaving you with less or more credit to play with at the Bitcoin Casino.
No Chargebacks on your Credit Card:
Once your transaction at a Bitcoin casino, the funds will leave your wallet and head to the Bitcoin casino. If there is any issue, there will be no chargeback or a charge reversal, which is the case with credit cards. Therefore, you should always stick to a reputable Bitcoin casino such as Stake Casino.
As you can see, these are the only two cons of a Bitcoin Casino, and the pros easily outweigh the cons. Therefore, if you want safety, anonymity, and security with fast payouts and deposits, then it is time to head to a Bitcoin Casino like Stake casino.