Depositing through conventional payment methods using fiat currencies typically requires the involvement of a third party. Not just this, you will also have to give up some of your details to bring the transaction into effect. By implication, your financial transactions, especially deposits cannot be confidential. Thankfully, betting with Bitcoin, Ethereum, Litecoin, Dogecoin, and other cryptocurrencies has ushered in a new era of rising change and comfort in anonymous deposits. You can now deposit at and other crypto operators anonymously. Since crypto makes for direct peer-to-peer financial transactions, only two parties are required to effect payments. Third parties like financial institutions, governments, and other forms of intermediaries are no longer needed. This creates the ideal setup for anonymity and privacy. One of the biggest objectives of blockchain technology is cheaper and instantaneous transactions, whether domestic or cross-border. This is why making withdrawals with crypto is great as they are instant. Of course, this is an exclusive preserve of crypto gambling platforms like Betbit Bitcoin Casino. Indeed, the involvement of a third party is the reason withdrawals at casinos and sportsbooks get delayed. Since blockchain technology eliminates the need for these third parties, this leads to faster payouts. This also means gamblers don’t need to pay fees or commissions to have their withdrawals processed. By implication, this allows you to spend more time exploring the robust assortment of games at the iGaming site instead of waiting pointlessly for payments to be effected. Once you register on a crypto casino or sportsbook, you will most likely be entitled to a bonus package as a new member of the site. This is known as the welcome or signup bonus. For instance, Betbit gives its new players a welcome offer of 100% up to 100 mBTC on their first deposit. Playing with cryptocurrency doesn’t disentitle you from enjoying good bonuses and promotions. At bitcoin operators, there are different categories of bonuses you can claim provided you meet the attached terms and conditions. Some of these bonuses and promotions are:

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Betbit online casino combines

Betbit online casino combines both fiat currencies and crypto at the same time.

Yes, many online casinos now offer the option to play with both fiat currencies and cryptocurrencies, giving players greater flexibility and choice in how they manage their funds. Here are some advantages of online casinos that offer both fiat and crypto currencies:

  • More Payment Options: By offering both fiat and crypto currencies, online casinos can provide players with a wider range of payment options, giving them greater flexibility and convenience when it comes to managing their funds.
  • Greater Accessibility: Cryptocurrencies have become more mainstream in recent years, but not all players may have access to or be comfortable with using them. By offering both fiat and crypto currencies, online casinos can cater to a wider range of players, making it easier for them to join and play.
  • Faster and Cheaper Transactions: Cryptocurrencies can offer faster and cheaper transactions compared to traditional fiat currencies, which can be beneficial for both players and the casino. By offering both options, players can choose the method that works best for them, based on their individual preferences and circumstances.
  • Anonymity and Security: Cryptocurrencies can offer greater anonymity and security compared to traditional fiat currencies, making them a popular option for players who value their privacy and security. By offering both options, online casinos can give players the choice to use whichever method they feel most comfortable with.

It is important to note that online casinos that offer both fiat and crypto currencies may have different terms and conditions for each payment method, such as different minimum deposit and withdrawal amounts or different fees, so it is important to read the terms and conditions carefully before making a deposit or withdrawal.

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