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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Cashback- a common program provided by

A cashback program is a loyalty or rewards program offered by online casinos that provides players with a percentage of their losses back as a bonus or real money.

Cashback programs typically work by tracking a player is activity and awarding a certain percentage of their losses back to them. For example, if a player loses $100 in a week, and the cashback program offers 10% cashback, the player would receive $10 back.

Cashback programs are designed to provide players with some relief from losses and to incentivize them to continue playing on the platform. They are often offered as part of a larger rewards program, along with bonuses, free spins, and other perks.

It is important to note that cashback programs vary from casino to casino, and the amount of cashback offered can also vary depending on a player is VIP level, the games they play, and the time period in question.

Players should always be sure to read and understand the terms and conditions of any cashback program before participating. This will help ensure that they understand how the program works and what is required to receive cashback.

Enjoy online casino games in betbit.com.

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