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IMPACT OF CRYPTOCURRENCY IN THE GAMBLING INDUSTRY


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Criptomoeda – Wikipédia, a enciclopédia livre

As we all know, Cryptos are a better and faster way to get your money into and out of your casino account and it makes gambling more comfortable because it offers some more privacy. But what about it's impact to the gambling industry?

Crypto comes with more Convenience; Anonymity; Ease of deposit and withdraw... And that's some of the factors that users like and are more and more of players are coming to play on the online casinos instead of going to the phisical ones.

Transactions using blockchain technology do not link identities to specific players. Instead, the system uses electronic wallets and unique identification codes. Users remain anonymous, while the process provides honesty, transparency and protection, enhanced by reputable e-wallet requirements for anti-money laundering measures. Being users able to enjoy financial freedom and privacy because the transactions are private.

Banks and other financial institutions do not facilitate the growing demands of online gamers, making crypto sound a lot better for the gamblers. As long as a player has an internet connection and currency network, they can play what ever they like. 

Be aware that most of the casinos keep the cryptocurency and don't convert it to a coin in the site, so you have to be aware of the coin's price, if it goes up you will get more money to play with but if it comes down you will have less to bet!

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User anonymous, the best.

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