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Bitcoin Casino: The Most Promising Trend of 2024

Updated 01 march 2024
Online casino

Bitcoin resources are a relatively new trend, a hybrid phenomenon of 2 industries: gambling and cryptocurrency.

You can learn more about the unique advantages and prospects of Blockchain-based casinos in today's infographics from Casino Market.

Advantages of Decentralised Technologies
Bitcoin casinos attract users for the following reasons:
anonymity assurance
exclusive customisation opportunities
no commission fees
financial security
minimum betting limits
informational integrity
extensive bonus capabilities
high speed of the processing of payments
lack of centralised control by the authorities
Online Casino with Crypto vs. Fiat Payments
Key distinctions between the two kinds of gambling projects:
  • software that accepts different types of digital funds
  • distinct licensing prerequisites (crypto sites typically do not need a permit)
  • unique agreements with content suppliers and service providers
KYC Details of the Crypto Casino Audience
The portrait of typical platform visitors who opt for Bitcoin gambling:
  • players aged from 18 to 35
  • owners of smartphones, laptops, and tablets
  • tech-savvy people who are into cryptocurrencies
  • mostly male punters but with a constant increase in female audience
  • knowledgeable people, typically with high education
Types of Bitcoin Casinos
There are 2 types of cryptocurrency gambling platforms:
classic websites with slot machines and the option of placing bets using digital currency
decentralised virtual locations that accept only cryptocurrency
Reasons for Increased Popularity
More people choose crypto platforms due to the following nuances:
stability of transactions
low-commission account replenishment
fast cashouts
better crypto solvency
worldwide accessibility
global popularity
no tax on winnings
higher success chances
Digital Currency Variety
Apart from Bitcoin, punters gladly play with other tokens:
USDT
Ethereum
Litecoin
Monero
DASH
Zcash
Licensing Jurisdictions
An official registration in the following regions increases the appeal and opens broader perspectives:
Curacao
Kahnawake
Malta
Costa Rica
Statistics and Interesting Facts about the Crypto Market
In just 10 years, the volume of the cryptocurrency market has reached $3 trillion
Almost 90% of the largest deals in the industry’s history took place in 2021
More than 73% of transactions are casino bets
Total valuation of Bitcoin and Ethereum assets — $2 trillion
According to Messari forecasts, by 2030, cryptocurrency will become more popular than traditional money
Biggest Crypto Gambling Markets
Leading countries with the largest Bitcoin gaming audiences:
The USA
The United Kingdom
Japan
Australia
Canada
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