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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BNB BNB

Binance Coin (BNB) is a cryptocurrency that was created by Binance, one of the largest cryptocurrency exchanges in the world. Binance launched BNB in 2017 as a utility token to be used on the Binance platform for various purposes, including paying for trading fees, accessing exclusive features, and participating in token sales.

BNB has since become a popular cryptocurrency in its own right and has been used for a variety of purposes beyond the Binance platform. For example, Binance has launched a decentralized exchange (DEX) called Binance DEX, where BNB is used as the native token for gas fees and staking. Binance has also launched several other decentralized applications (dApps) that use BNB, such as a lending platform and a charity platform.

In addition, Binance has committed to using 20% of its profits to buy back and "burn" BNB tokens, which is expected to reduce the total supply of BNB over time and increase its value. Binance has also implemented several other measures to increase the adoption and use of BNB, such as providing discounts for users who pay with BNB and listing it on various third-party exchanges.

Overall, Binance Coin is a versatile cryptocurrency with a strong focus on the Binance ecosystem, but it also has potential uses beyond the Binance platform. As with any investment, it is important to do your own research and understand the risks involved before investing in BNB or any other cryptocurrency.

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