Among the main reasons for the popularity of this type of cryptocurrency in the gaming industry are the following:
The owner has the ability to maintain his or her privacy and anonymity. By registering at an online casino and becoming a participant in a gambling game, you not only keep your complete privacy, but also significantly reduce the risk of identification as a participant in the payment system. Many casinos even make concessions and do not require identity verification from customers using bitcoins. We have to state the obvious fact: today cryptocurrency (Bitcoin in particular) has the highest level of anonymity, guarantees security and minimizes the risk of user vulnerability.
Decentralized structure. The absence of a single payment transfer center (money issue) is the main and indisputable reason for the lack of control over the participants of the payment system. This provides a unique opportunity to become a user of an online gambling account even in the places where it is illegitimate, for example in the UAE or the USA.
Cross-borderness. Cryptocurrency allows you to abstract away from your state and regional affiliation. This is the way that allows you to interact with any users and payment systems, regardless of the territorial location and political situation in the country. While an international wire transfer can be delayed, a cryptocurrency transaction is reliable and unbiased.
Instant processing of winnings and high transaction speed. Transfer in Bitcoin can be received as quickly as possible, bypassing additional checks, commissions and other delays.
In summary: today, cryptocurrency in gambling has a primary role.
