What are Bitcoins?
Bitcoins are a form of virtual currency. Special encryption techniques are used to verify and track the creation, trade and transfer of this currency, which functions independently of any central bank. There are many benefits to using bitcoins to play at casinos online.
1. Keeping Your Identity Safe
Identity theft destroys lives. Some websites are designed to steal credit card information, and you can’t necessarily trust every online casino or storefront that you come across. When you use bitcoins, you won’t have to worry about that. It allows you to exchange funds without directly revealing your identity.
2. Quick Processing
With bitcoins, you can transfer money from one side of the world to the other within a matter of minutes. This is because bitcoins help you avoid processing through a central bank, which can take longer.
3. Guaranteed Safety
There is no possibility of a security breach when using bitcoins. Not only is your identity protected, but you’ll also be safe from having money stolen. Bitcoin exchange features the same encryption process used to protect government transactions.
4. Low Fees
Credit cards sometimes come with hefty transaction fees. You won’t have to deal with that with bitcoins. They are usually completely free to exchange. There is sometimes a fee to speed up the transaction process, but it’s optional.
How Do You Stay Safe with Bitcoins?
We’ve already explained how bitcoins are safe and secure to use. However, there can sometimes be hidden dangers within a secure and functional system. Bitcoins are so easy to use that it’s possible you could overspend without realizing it.
According to the Mayo Clinic, signs of a gambling problem include:
- Continually upping your bets and taking bigger risks with gambling over time.
- Experiencing compulsive thoughts about gambling when attempting to focus on other activities.
- Using gambling as a way to escape from everyday problems and stresses.
- Putting gambling before family, work or other important responsibilities.
- Lying to loved ones about your gambling habits.
- Feeling depressed, anxious or out of control with your gambling habits.
- Borrowing or stealing money so you can gamble.
- Trying to cut back on gambling and discovering that you’re unable to.
If you relate to only one or two things on the list, you might not have a problem. We all feel the occasional sting of regret after a big loss, but that doesn’t necessarily mean that you should avoid gambling in the future. Only you know for sure when your life is out of balance.
How Can We Help?
Many online casinos are owned by people who don’t care about their visitors. They’re in it for the money and nothing else. We are a company of gamers and gamblers, and we care very deeply about each and every person who visits our casino. We love online bitcoin casinos, and we’re excited to help you play in a secure way. However, we also want to help you keep your life in a healthy balance. That’s why we offer a safeguard against gambling too much.
If you reach the point where you feel that you can no longer trust yourself with using bitcoins to gamble on our site, please send us an email. We offer an option to purposefully block yourself from our casino. We also might be able to help if you suspect your spouse or relative might have a problem. We want our casino to be a fun and friendly place, and we will work hard to make sure that everyone gambles responsibly.
However, it’s important to keep in mind that we can’t be responsible for the money you spend on our site or your gambling issues in general. If you suspect a serious addiction, it’s crucial to visit a doctor and have the problem professionally assessed. Trouble controlling gambling is often caused by other deep emotional issues that you might not even be aware of. Healing these problems can lead to a much healthier and more balanced future.