Everything You Ever Wanted To Know About The Bitcoin Game
Digital Transactions have entered every domain these days. The traditional payment methods via cash are now outworn. One such digital currency which is emerging these days is Bitcoin.
Out Bitcoin and its Technology
It is rightly quoted: “I think Bitcoin has the potential to change the world”
~ Peter Thiel
Bitcoin is an evolving digital currency. The idea of bitcoin was introduced to minimize the control of central banks or any standard organization over the consumer’s money. Bitcoin gives full control to its master. It uses the technology of Blockchain. Since bitcoin uses software-related technology, it is now being widely accepted for the additional comfort that technology provides in any field.
What are Bitcoin Games?
Ever thought of earning bitcoins just by playing games? Well, Bitcoin Games do it for you.
Bitcoin Games are essentially online casinos that throw a huge variety of games. The casinos include a lot of interesting games just like the traditional casinos. The games range from Roulette, Blackjack to Slots, Poker. The games use bitcoin as a mode of transaction.
Advantages of Bitcoin
Talking about earning bitcoins simply by playing games, why should you even go for playing bitcoin games and earning bitcoins?
- Bitcoins are not controlled by any central bank or any funded organization. The owner has full control over this currency.
- Bitcoins are a faster and more efficient mode of transaction.
- Since it is a digital currency, the payments can be made easily without paying commission or extra money to any middlemen.
- Bitcoins, unlike traditional currencies, are accepted worldwide. Hence the geographical boundations are erased.
What are the Advantages of Using Bitcoin in Online Games?
Online gambling sites are making use of bitcoin to its full potential.
- Gamblers from any corner of the world can come together and play the games via bitcoin thus enjoying fast and secure transactions.
- Using Bitcoin in these games can ensure safety. Since it uses blockchain technology, hence the chances of online frauds are reduced.
- The bitcoin exchange does not require your personal or financial information, unlike the ancient bank methods. The player who wants his anonymity to be maintained on these platforms can go for bitcoin games.
- Bitcoins have no additional fees associated with them like the credit card fee or so. The player does not have to pay any additional money and can hence enjoy the games with almost no money involved in the initial stages.
- Bitcoins follow the rule of demand and supply. These days, bitcoins are definitely in high demand. Using bitcoins for transactions certainly provides an edge to the players.
What do you need to get started with the Bitcoin Game?
- A Digital Currency Wallet:
This is required to keep a track of all your digital transactions. You have to ensure that the wallet is following the blockchain on which your preferred game is based.
- Fund your wallet:
You have to fund your wallet (even with a small amount) to be able to start playing at some online casinos.
After going through so many advantages of bitcoins and the use of bitcoins in online casinos, let us dive through some bitcoin games online. Make sure that you have a separate email address to prevent any fraudulent activities.
Some Bitcoin Games to earn Bitcoin:
- Spinning Lights
- Fly Piggy Fly
- I am the law
- Street Magic
- Battle Royal
- Darts 180
These games are an excellent platform to earn bitcoins through bitcoin games and show your gambling skills.
- Bitcoin Casino USA and Bitcoin Casino UK are some other popular Online Casinos that provide you with an amazing gambling experience and use bitcoins for cashouts.
Tips to earn Bitcoin in the Bitcoin Game
- Watching ads:
This is the simplest way. You just have to relax and watch ads, and your wallet will be loaded with some bitcoins.
- Learn about it
While using any currency, we must know of it. Ensure that your knowledge about bitcoin games and their trends is up to date.
- Appropriate games:
Choose the appropriate bitcoin games for you, which you think you are perfect in. This will increase your chances of earning a good amount of bitcoins.
Read the feedback on the websites of the online casinos to find the right site.
Always go for online casinos having fast and reliable payouts.
Having read numerous advantages of the Bitcoin Game, let us have a look at the other side also.
Disadvantages of Bitcoin Games
Just like every coin has two faces, so does the bitcoin game. Though bitcoin games can benefit you by their technology, with enjoyment also comes risk.
You need to beware of some of the flaws of the bitcoin games.
Since bitcoin is not regulated by any government or recognized authority, it introduces chances of risk. There are no laws for digital currencies. If a player is scammed or faces any issue with this currency, he has no one to complain to.
2. Online scams are not new
Bitcoins are completely digital. All of it is just stored in a computer. There are chances of online frauds or digital thefts to the players if they do not properly encrypt their passwords.
3.No fixed value
There is no fixed value to bitcoin. It keeps on swinging. This is a reason to worry since there is a risk of losses.
There is a huge variety of Bitcoin Games available online which can prove a blessing. The players can earn bitcoins with amusement. However, taking necessary precautions and keeping in mind the disadvantages of the Bitcoin Game is essential to have a good experience with online gambling via bitcoin games.