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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What are slot tournaments?

Slot tournaments are competitive events held at casinos or online casino platforms where players compete against each other for a prize pool. In a slot tournament, players are given a set amount of time and a certain number of credits to play a specific slot machine or a group of slot machines. The goal is to accumulate as many credits as possible within the allotted time.

At the end of the tournament, the players with the highest number of credits or the highest score on the leaderboard win a share of the prize pool. Slot tournaments can offer large cash prizes or other rewards such as free spins, free play, or other casino bonuses.

Slot tournaments can be held in various formats, such as freerolls, where there is no entry fee, or buy-ins, where players pay a fee to enter the tournament. They can also be held as single-table tournaments or as multi-table tournaments where players compete against each other across multiple rounds.

Slot tournaments are a popular way for casino players to enjoy some friendly competition and potentially win big prizes. They can add an exciting element to playing slots and offer a chance to win more than just the standard payout for hitting a winning combination.

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