Bitcoin does take a few minutes for transactions to go through. Therefore isn’t as fast as credit cards as far as depositing money goes. When you account for the fact that people can’t really use standard credit cards at online gambling sites in the USA anymore, this is a lot faster than some of the other methods. Using Bitcoin at Gambling Sites certainly is extremely convenient.
When it comes to withdrawals, withdrawing with Bitcoin is much better than having to wait for a check to arrive in the mail. Waiting for a check in the mail can take weeks. Havingaving the money sent to a person to person service like Western Union or Moneygram is a pain to claim. Especially if it is over $3000 as you have to supply your social security number then.
Withdrawals can be in your bitcoin account in a matter of minutes as well. Additionally with much lower fees than you see with these other, much less efficient methods. Checks and Wires cost upwards of $50 at some casino sites.
Using Bitcoin is anonymous
Bitcoin is also anonymous, as users use a digital address to send and receive funds with. While the transactions are fully traceable, they aren’t traceable to any particular individual. For security, users are encouraged to use a new address each time, making it even more anonymous.
Bitcoin is absolutely perfect actually when it comes to funding or withdrawing online gambling accounts from the U.S.. It is convenient and easy enough that players from other countries may want to consider this as well.
More and more US online gambling sites are now accepting Bitcoin deposits and withdrawals. Bitcoin is the one method where it doesn’t matter at all where you live, with being in the USA included. A new day has dawned on U.S. online gambling. Bitcoin is the new wave that is driving it. Created by the people, and setting the people free.
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