Bitcoin accepted

BTC and many other crypto currencies are accepted.

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Fast deposits and withdrawals, usually free of charge.

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All players are accepted, regardless of their residence. Without a bank account.

The usefulness of Bitcoin in the digital world

The reputation of bitcoin is not to be denied today. This crypto currency has been the talk of the town in 2018 where it has gained value. Apart from it, there are other crypto-currencies including Ripple, Ethereum, Monero, etc. The particularity of these e-currencies is their blockchain-based mode of operation. Indeed, the blockchain is a revolutionary technology that allows data to be stored and shared in a decentralised way. It is possible to exchange for example bitcoin with another person. The value of the crypto currency is not necessarily constant over time. Moreover, these currencies are purely virtual and can therefore only be stored in electronic (i.e. online) wallets. There are different types of wallets for crypto-currencies, but they do not all have the same level of security. They can also allow you to transfer cryptos to third-party wallets when you want to trade.

A digital bitcoin in a circle

Why bet on crypto-currencies?

Betting in crypto-currencies is, on the face of it, nothing out of the ordinary as you have the ability to trade just like the stock market. However, there are a few differences between crypto-currencies and the stock market. The very first difference is that the market for crypto assets is not yet regulated. The consequence is that the price of the currencies is not constant; there can be seasonal rises and falls. Furthermore, the fact that this market is volatile can be seen as a considerable advantage as it allows sophisticated investors to invest and recoup profits over the short to medium term. Long-term investments are not necessarily profitable in this market. Not all crypto-currencies have the same operating principle. For this reason, it is recommended that you take the time to find out about each of them before registering with an online betting site. The procedures for the online casino in BTC may also have some peculiarities.

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Also, unlike stocks, you can get bitcoins with a bookmaker through purely decentralised platforms, not associated with regulatory bodies. For more security, it is advisable to choose from the top BTC bookmakers or at one of the best online cryptocurrency poker rooms.

Thus, it can be said that the field of crypto-currencies is very promising for investment. Nevertheless, the sector is not without risk; it seems much riskier than the stock market. So with crypto-currencies, you can expect to make more gains, but you are also more subject to stress. So to bet on crypto-currencies, you need to be more or less confirmed. In other words, if you are new to the field, you should take the trouble to read a lot about the markets and how they work. It is also advisable to look at the most renowned cryptos such as Bitcoin, Ethereum, Ripple for example. BTC bookmakers offer the best promotional offers for online betting.

You should also be alert to the price of these e-currencies. It may well happen that the market falls. So you need to be psychologically prepared for that moment.

The notion of a miner in crypto-currencies

Crypto-currencies are made by miners. This is where the common phrase "mining a cryptocurrency" comes from. The miner is responsible for confirming all transactions that take place on the blockchain.

The blockchain's operating principle is simple: when two people transfer bitcoins to each other, this transaction immediately appears on the network for confirmation. Miners are identified with computers (or validation nodes). When the transaction is validated, it is automatically merged with others already in the blockchain. Miners are paid in the form of tokens.

3 coins of crypto-currencies

The main crypto currencies of the moment

It is almost impossible to give the number of active cryptos that exist today. In 2019, there were about 2871. The number seems to have almost tripled today. So, of the thousands of cryptos in existence, the most popular ones are just a few dozen. One of the criteria for selecting the most promising cryptos is called "market capitalisation". With this criterion, you can get an idea of how to bet online in Africa and around the world, effectively.

Bitcoin was created in 2008 and is the first cryptocurrency. Today it is considered the benchmark of active cryptos. In 2017, a new crypto is derived from bitcoin, namely Bitcoin cash which is also among the leading e-currencies but still behind Bitcoin. You will certainly find the right bitcoin bookmaker for your needs.

After Bitcoin, Ethereum is the most widely used crypto. This electronic currency is also based on the blockchain but seems to be much more complete than Bitcoin. In addition to processing transactions, Ethereum is also used to process contracts. Technically, Ethereum is therefore much more successful and efficient than BTC. Users of this crypto also have the possibility to establish smart contracts. Ether thus seems to be a very promising crypto asset that could well steal the show from bitcoin. Indeed, there is a very significant increase in its market capitalisation between 2020 and 2021, 1001℅ in one year compared to 400 ℅ for BTC over the same time interval. Apart from Ethereum and Bitcoin, several other crypto currencies are Ripple (XRP) and Monero. You can choose between a bookmaker in Ethereum, a bookmaker in Ripple, a bookmaker in Monero or a bookmaker in stable coin, a good solution to cope with the volatility of classic e-currencies.

Crypto-currencies were also affected by the coronavirus crisis. The price of most of these currencies fell during the containment but recovered just after. The May 2021 crypto crash also affected the price of these currencies but many of them are already recovering from this disaster. Crypto-currencies, including BTC in this case, are presented as safe havens against the crisis. Some experts compare Bitcoin to gold, which is also considered a safe haven.

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