Largest Crypto Gambling Site Adds Dash, Ripple, Ethereum
Betcoin - Largest Crypto Gambling Site Adds Multiple Currencies - Join Now - https://goo.gl/rtxnvP
The world of online gambling is relatively new, but even during its brief tenure has changed a great deal. In the early days, it was quite easy to move funds quickly between a bank account and online site, but as online gaming proliferated, restrictions quickly popped up making this much less common. Following this, sites would commonly use third-party processors as a middle between the site and banks. This was a difficult work-around indeed, as fees were high and processors would often shut down unexpectedly leaving the sites to find new ones. In recent years, the easiest way to get funds in and out of a site has shifted to cryptocurrency. The transactions are fast, the fees are low and the funds go straight back and forth to your wallet with no middle-man. Below you can find the eight best cryptocurrencies for online gaming.
Bitcoin (BTC)
When Betcoin opened its virtual doors in 2013, it was the first casino, sportsbook and poker room combination accepting solely bitcoin deposits and withdrawals within an extremely active community. Bitcoin allowed us to offer lightning fast deposits and withdrawals at a very low fee. Although the fees have gotten higher over the years, the value of BTC has gone up exponentially, making player’s balances and big wins much more valuable over time.
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Very similar to Bitcoin in function, Bitcoin Cash allows for a quicker, more spendable version of its predecessor. Many people find BCH more functional for transactions in today’s crypto space due to lower fees and faster confirmation times. It can be found on every major exchange and is sure to be one of the major crypto options going forward.
Join Now - https://goo.gl/rtxnvPEthereum (ETH)
Ethereum has cemented a home for itself in the crypto world with an 11,000 percent increase in value over the last year. It has worked its way up to become the second most popular currency available due to its high rise in value and functional software platform, which enables developers to build and deploy decentralized applications.
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Like many cryptocurrencies Litecoin has also seen record gains in the past year of nearly 5,000 percent. Created by Charles Lee in 2011, Litecoin was designed to be a sister currency to Bitcoin which much faster block times, averaging in the 2.5 minute range. Litecoin remains in the top 10 currencies in both popularity and market cap.
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Originally called XCoin, DASH was rebranded in 2015 to symbolize digital cash. DASH offers both instant transactions (InstantSend) and private transactions (PrivateSend), so it is a good alternative to certain other currencies which may lack the speed or anonymity users desire.
Join Now - https://goo.gl/rtxnvPRipple (XRP)
Ripple is the fastest digital asset, enabling real-time global payments anywhere in the world (traditionally in about 4 seconds). XRP has taken off recently and remains in the top five in both popularity and market cap. While traditionally it is used for banking applications, Ripple remains an excellent currency for online gambling, due to low fast and fast transfers.
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IOTA was founded in 2015, when it raised more than 1,300 Bitcoins in crowd-funding. Like some of the other more recent cryptos to come out, IOTA enables real-time transactions, however it becomes even more user friendly due to the lack of fees on transactions.
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Monero aims to improve on existing cryptocurrency design by obscuring sender, recipient and amount of every transaction made. This focus on privacy makes Monero an excellent addition to a growing list of cryptocurrencies that integrate perfectly for online gambling.
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