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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The highest wins in online casino history

There have been several massive wins in the history of online casinos, with some players walking away with millions of dollars. Here are a few examples:

Mega Moolah - €18.9 million ($21.7 million): A player from Finland won the largest ever online slot jackpot on September 28, 2018, while playing Mega Moolah at Grand Mondial Casino.

Mega Fortune - €17.8 million ($20.2 million): In January 2013, a lucky player from Finland won this huge jackpot on Mega Fortune at Paf Casino.

Hall of Gods - €7.8 million ($8.7 million): A Norwegian player hit the Hall of Gods jackpot in June 2017 while playing at Folkeautomaten Casino.

Mega Fortune Dreams - €4.5 million ($5.4 million): A player from Sweden won this huge jackpot on Mega Fortune Dreams at Unibet Casino in November 2016.

Arabian Nights - €3.3 million ($3.9 million): In April 2015, a lucky player from the Netherlands won the Arabian Nights jackpot while playing at Paf Casino.

It's important to note that these wins are extremely rare, and most players do not win anywhere near these amounts. Additionally, it's important to always gamble responsibly and never bet more than you can afford to lose.

Enjoy online casino games in betbit.com.

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