You have probably heard about Bitcoin. Even those who casually use the Internet are familiar with this cryptocurrency thanks to its presence in mainstream news. What you may not know is that you can play online blackjack with Bitcoin at several online casinos. Using this digital currency offers many advantages for the online blackjack player. It is very possible that Bitcoin could even increase the popularity of the world’s favorite gambling game.
Advantages of Bitcoin for Blackjack
Those unfamiliar with Bitcoin might want to know a little more about why it works well for online casino platforms. One of the main reasons is that Bitcoin was designed to provide a certain amount of anonymity. In theory, the currency can be bought and sold without individuals revealing personal information. Of course, some personal information will be collected by the online casino when you create an account.
Still, it is much harder to track transactions with Bitcoin and other cryptocurrencies. The ease with which Bitcoin can be transferred also contributes to its suitability for online blackjack. Another positive factor where Bitcoin is concerned is that it can be obtained easily through many exchanges. It is also capable of being transferred quickly.
A side benefit of Bitcoin is that is also makes for a good investment. You could cash out your online blackjack winnings with Bitcoin and then hold your cryptocurrency. The market fluctuates a great deal and savvy investors have made significant profits by buying and selling their Bitcoin at the right moment.
Finding a Bitcoin Casino for Blackjack
Herein lies the problem for many online blackjack players: how do they find an online casino which accepts Bitcoin as a form of payment? It can be time-consuming to search the Internet for a Bitcoin casino. Thankfully, we recommend many casinos here on Counting Edge that accept Bitcoin deposits. We also rate and review these casinos for you and you can see the reviewed best rated casinos here.
Another resource is Bitcoin.Casino. This site maintains an updated list of online casinos that accept Bitcoin for blackjack and other Internet casino games. It is also a useful source of reliable online casino reviews. Just because a casino accepts Bitcoin as a form of payment doesn’t mean that it is always trustworthy. You have to do your homework before putting down your hard-earned money to gamble on blackjack.
There is a problem, however, when it comes to using some websites to choose a Bitcoin blackjack casino. Some of these sites are simply marketing casino services. A more trusted resource is a website like Counting Edge which focuses more on providing you with useful information about the game of blackjack itself. After all, if you don’t know how to play the game correctly it doesn’t matter if you use Bitcoin or cash. You have to develop your skills.
At our website you can find many useful articles on blackjack, and you can even play a free blackjack game. Once you feel like you are ready to try your skills for real money, we suggest several online casinos you can choose from.
Is Bitcoin Safer Than Cash For Online Blackjack?
All of the online casinos we recommend put a high priority on the security of transactions for their players. They use state of the art encryption to keep your personal data safe. With that being said, Bitcoin can still be a safer option than other methods of deposit.
The reason for this is that your Bitcoins are held in a wallet that is also protected by security protocols. It has become very hard for data thieves and hackers to steal your Bitcoin data. Also, to deposit with Bitcoin does not require you to reveal credit card or banking information to the online casino. No one can steal your financial information if you don’t provide it.
Finally, many online blackjack players like that Bitcoin helps to erase any kind of paper trail that can be created when your credit card or bank account is used for casino gambling. Some people like to keep their gambling activities private. Bitcoin can help in that regard.
Will I Actually Be Playing Blackjack With Bitcoin?
You should know that when you use Bitcoin to deposit at most online casinos, your Bitcoins are converted to regular currency for the purposes of wagering. This conversion is carried out at the current market value for Bitcoin.
In other words, when you open up the casino’s blackjack software you will have virtual chips in traditional cash denominations like $1, $5, and $25 instead of using actual Bitcoins. The reason for this is that a single Bitcoin can have a cash value of many hundreds of dollars. The online casino has to convert that to traditional currency for the purposes of making blackjack bets.
It is very likely that the future will see many more Bitcoin casinos appear as the use of cryptocurrencies becomes more mainstream. Don’t get left behind. Join in the fun now by opening your own Bitcoin casino account today!