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 betbit.com 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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What are comp points & VIP programs?

Comp points and VIP programs are rewards systems offered by many online casinos to reward players for their loyalty and to encourage them to keep playing.

Comp points are typically earned by wagering real money on casino games, with players receiving a certain number of points for each dollar or euro they bet. These points can be redeemed for various rewards, such as free spins, bonus funds, or even merchandise or travel vouchers.

VIP programs are similar to comp points systems, but offer additional benefits to players who reach certain levels of play or loyalty. These benefits can include exclusive bonuses, higher comp point earning rates, faster withdrawal times, access to VIP-only tournaments or games, and personalized customer support.

VIP programs are typically tiered, with players advancing to higher levels as they earn more comp points or meet other loyalty criteria. Some online casinos may also offer invitation-only VIP programs for their highest-spending players.

Comp points and VIP programs can be a great way for players to maximize their rewards and get the most out of their online casino experience, but it's important to read the terms and conditions carefully and to only play within your means.

Enjoy online casino games in betbit.com.