If you know anything about the history of cryptocurrency (specifically Bitcoin), you probably know about how instrumental online casinos and sportsbooks were in getting it into the mainstream. As far back as 2012, online casinos and sportsbooks used this form of currency to accept and distribute payments in a quick and precise manner. It really showcased how valuable these assets were.
Flash forward to today and there are specific casinos and best bitcoin sportsbooks who cater to people who prefer to use cryptocurrency over any other payment method. Let’s take a look at what makes this method of funding so good.
Super-Fast Movement of Money
Cryptocurrency can move from one person to another at quick speeds. While some crypto coins can take minutes (up to an hour) others move almost lightning quick. It’s not uncommon to have crypto sent to you and it then showing up into your account in seconds.
No Crazy Hoops to Jump Through
Many bank cards and credit cards have all kinds of wild flags put in place which hamper someone’s ability to send money to companies outside of their country. Bitcoin and other cryptos don’t care about that. They go where they are sent, bottom line.
Traceability
You can see exactly which wallet you sent the cryptocurrency to or who sent it to you. The transaction is forever on the blockchain. This way a person or company cannot pretend like they didn’t receive. No getting lost in the mail or it being mysteriously flagged by large banks.
An Exciting Upside Future
Owning and using cryptocurrency opens all kinds of doors for you that traditional fiat currency simply doesn’t. Sites like Coindesk use vast resources to monitor and report all things interesting in the industry. Not only that, but your crypto can earn much better interest than traditional money sitting in a stale saving account.
