Recently, the exchange of cryptocurrency in the Philippines has been legalised. This opens new opportunities for gamblers to manage their funds at their favourite online casino sites. If you remember, I’ve covered the subject of gambling in the Philippines before and mentioned that the country is quite open-minded when it comes to people placing bets and wagers. This paved the way for Bitcoin casino sites to become very popular and desirable.
The Top Bitcoin Casinos in the Philippines
If you are a player from the Philippines and you are interested, I would like to talk more about these types of Bitcoin casinos. I decided to dive deeper into the subject and see which site offers the best experience. One of the best Bitcoin casino sites according to H. Newton is 22bet at the time of writing this article. What is essential is that Bitcoin is not just another payment method for this operator. Using crypto as your way of funding your gambling needs does not limit you in any way. Quite the opposite, if you use Bitcoin as your deposit method, you will have access to unique goodies. This comes in the form of special promotions, such as bonuses, free spins on your favourite slot games and more.
Bitcoin-centric casinos are spreading fast in the Philippines. Due to its popularity, I expect this payment method to be right next to the big names that offer streamlined financial services soon, such as card and e-wallets. I would like to emphasise on the advantages that you get from using Bitcoin at an online casino in order to solidify my reasoning behind my previous statement. Playing at online casinos is not the same as playing in a land-based one. Your data such as personal and banking information are not completely secure and the internet is a haven for malicious users.
That’s why earlier I pointed out the top Bitcoin casino site that H. Newton has in his article. Playing at a gambling platform owned by a reputable operator that has high security, such as a Secure Socket Layer (SSL) encryption, along with the inherent safety of Bitcoin is a combination that everyone loves. You do what you love and don’t have to worry about your data being stolen, stored indefinitely somewhere or misused.
Using Bitcoin in Online Casinos
So why use cryptocurrencies you ask? Let me elaborate on how crypto works and what benefits you can have by using it. The technology that is at the base of almost any digital currency out there is called blockchain. In order to avoid unnecessary confusion, the design behind is that the network is comprised of millions of users and their computers. Once a transaction is sent to the network, it has to be confirmed by multiple machines and reach a consensus of its validity. After that, the transaction is confirmed and placed in a block of information. That block is “sealed” once full and added to the blockchain. This makes information immune to any malicious actions, such as double-spending, spending currency you don’t actually have and more.
In a world where cybersecurity is under high demand, cryptocurrencies like Bitcoin provide it just by its design and technology alone. On top of that, transactions are private, because you don’t use any personal information to make the transaction, just a generated digital address or a “wallet”. Not only is Bitcoin a great investment, it is also one of the best and safest ways to manage your casino funds. There are no middlemen involved and transactions are very quick. This pretty much sums up the main advantages of using Bitcoin as a payment method at your online casino of choice.
Picking a Bitcoin Casino
In the article about the best Bitcoin casino site, there are many more entries from other operators that are just as reputable as the top one. There is more than one choice when it comes to picking a place to gamble with crypto. You can choose from a wide variety of Bitcoin casinos that are just as good as the leading one. After doing my research on the subject, I am more than happy to share some tips about your choices. First, make sure that the operator is a holder of a license from a government.
What to look out for are licenses from the UK Gambling Commission and Malta Gaming Authority. Make sure that the website also features SSL encryption and has other certificates that further prove the site’s legality. The information I found at this Bitcoin Guide helped me a lot while writing this. Have fun playing at your favourite casinos while being completely safe and secure!
