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 the benefits of playing with crypto at Betbit Casino?

Anonymity

When you play at Betbit, transacting in crypto ensures that your anonymity is preserved. Blockchain networks keep records and eliminate the relevance of user accounts. As such, your sensitive data are kept confidential and protected from any likely intruder.When you play at Betbit, your identity is not included in the transaction. Rather, you only need a wallet address and a unique identifier. By implication, your information is private and safe. Blockchain technology enhances security and transparency.

When you play at Betbit, your identity is not included in the transaction. Rather, you only need a wallet address and a unique identifier. By implication, your information is private and safe. Blockchain technology enhances security and transparency.

Instantaneity

When you play at Betbit bitcoin casino, your withdrawals and deposits are instant. This is an advantage noticeably lacking in traditional casinos that transact in fiat currencies.

The logic behind this is simple. Third-party intervention is what causes delays and long processing periods in regular casinos. However, with blockchain technology, there is no need for third-party involvement from banks, the government, or any other body. All transactions are peer-to-peer and this makes for faster payouts.

Thus, gambling at Betbit, your withdrawals and deposits are guaranteed to be instant. This lets you spend more time exploring our rich collection of games instead of waiting needlessly for payments to be effected.

Increased Credibility

The adoption and incorporation of blockchain technology into the gambling community have enhanced the gaming experience. Now, players have to worry less about security and confidentiality when they play at a bitcoin casino like Betbit.

Invariably, gamers find these casinos more credible and reliable. After all, they no longer have to work with third-party bodies. Transacting in crypto means they can do everything by themselves.

Security

The level of security that comes with gambling on Betbit is second to none. Betting in fiat currencies exposes your money to the risk of theft or loss. However, since you bet with cryptocurrencies at this casino, this risk becomes nonexistent.

Your funds are processed in a blockchain which is nearly impossible to hack. Therefore you don’t have to worry when you play at this crypto casino because your funds are safe.

Enjoy online casino games in betbit.com.

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