Bitcoin Live Dealer Casinos for Australia
From its humble beginnings in 2009, BitCoin has grown into the world’s premier cryptocurrency and is used by tens of millions of people around the globe each year. Online gambling is, of course, no exception to this and over the past few years many sites have adopted this technology in a big way.
From smaller offshore casinos that exclusively use bitcoin for privacy reasons, to larger multinational household betting brands who allow bitcoin transactions for international customers or just as a novelty, you can now use BTC to transact or play at dozens of live online casinos.
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Why Play in Bitcoin?
With bitcoin, you don’t have to link your bank account to the casino at all. Some casinos, especially the bigger ones, will still expect you to use your real name and details due to KYC procedures. However, some bitcoin casinos take anonymity as a core principle and don’t actually do them – offering complete confidentiality without any links between you and the casino except your anonymous bitcoin wallet. For whatever reason you want to play this way, bitcoin casinos can help you!
Due to the nature of the blockchain, Bitcoin transactions are nearly instant – depending upon the speed of your connection. This means no 24 hour waits for processing at the casinos end, and no delays from the bank either. This makes BTC one of the smoothest and quickest ways to transfer money online, and casinos are no exception to that rule.
Because Bitcoin transaction costs are so low, many BTC exclusive casinos can afford to pass these savings onto you! Through traditional e-wallets such as Neteller or Skrill, charges can be as high as 5-10% per deposit. For Bitcoin? Almost zero. This means some casinos can offer truly huge bonuses – in some cases up to 5BTC. If you don’t know Bitcoin, this might not sound like much. But actually, although the exchange rate does fluctuate somewhat, this could be worth in the region of $25-30,000. You won’t get bonuses like that anywhere else!
From a political standpoint, Bitcoin is also revolutionary. If you’re interested in these kind of things, and are already an online gambler, then it may be the next logical step for you. By using the blockchain to verify transactions and create value, users of Bitcoin take away control of the financial supply from governments, big banks and payment processing companies such as PayPal or VISA. So if you’re a fan of free markets and collective social action as well as betting or casinos – Bitcoin might be the way forward for you!
As mentioned previously, Bitcoin costs the casino less – and those savings can also apply to you. You’re less likely to be charged for deposits or withdrawals at a Bitcoin casino, and you may get bigger bonuses and rewards. You also don’t have to pay conversion fees into your own home currency, if that is different from the ones available at your chosen casino.
Frequently Asked Questions About Bitcoin
We already listed the providers that are best suited for playing in Bitcoin, on this page. Evolution Gaming, Ezugi, BetGames TV and VIG all let you do this. Truth be told, most bitcoin live casinos actually convert your deposit into FIAT currency, and vice versa, so most providers are able to let you play in BTC.