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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The Most Commonly Used Casino Payment Methods Available in Europe.

Here are some insights into the most commonly used casino payment methods available in Europe for quick withdrawals. Here are some popular options:

    1. E-wallets: E-wallets like PayPal, Skrill, and Neteller are popular payment methods in Europe because they allow for quick and easy transactions. With e-wallets, you can deposit and withdraw funds from your casino account instantly, making them ideal for players who want to make quick withdrawals.

    2. Debit and Credit Cards: Debit and credit cards are widely accepted by online casinos in Europe, and they are a convenient payment method for many players. However, withdrawals using cards can take longer than e-wallets, usually taking between 2 to 5 working days.

    3. Bank Transfers: Bank transfers are a common payment method for online casinos, particularly for larger withdrawals. While bank transfers may take longer than other methods, they are a secure and reliable option for players who want to withdraw larger amounts.

    4. Cryptocurrencies: Cryptocurrencies like Bitcoin and Ethereum are becoming increasingly popular payment methods for online casinos in Europe. They offer fast and secure transactions, and withdrawals can be completed within minutes. However, not all online casinos accept cryptocurrencies, and there may be some fees associated with using them.

    5. Prepaid Cards: Prepaid cards like Paysafecard are another popular payment method for online casinos in Europe. These cards can be purchased at retail locations and used to make deposits and withdrawals from online casinos. Withdrawals can take longer than e-wallets, usually taking up to 3 business days.

It's important to note that withdrawal times may vary depending on the online casino and the payment method you choose. Additionally, some payment methods may not be available in all countries or may have fees associated with them. It's always a good idea to review the payment options available and their associated terms and conditions before choosing a payment method.

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