Whenever players deposit funds to play online slots using traditional methods like debit/credit cards, e-wallets or bank transfer, there is a small transfer fee involved, which is usually paid for by the casino operator.
In fact, this is one of the greatest benefits of cryptocurrencies compared to their fiat counterparts.
Bitcoins first appeared on the scene in 2009 and since then thousands of businesses have started to accept the currency for many services, including online slots.īitcoins are transferred from one user to another through special addresses which allow for free and near-instantaneous transactions. Unlike traditional currencies like the dollar, euro and pound, Bitcoin (BTC) isn’t managed by a central bank and it functions within a network of computers that regulate its production and value.
