There is no doubt that cryptocurrency is thriving in the Malaysia online gaming industry today. There are several advantages to playing for fun money than there are to playing for real money.
Not everyone is sold on the blockchain. Consider online sportsbooks and casinos if your trust in crypto is waning or if you have a wallet full of bitcoin that you want to spend rather than sell. Massive bonuses and perks are available when using cryptocurrencies for online gaming. Cryptocurrency has the potential to significantly boost your winnings at a variety of sportsbooks if used correctly.
5 Reasons to Play with Cryptocurrency at an Online Casino
Five good reasons to play at online casinos in Malaysia if you’re not certain that cryptocurrency gambling is for you.
Sportsbook Deposit and Match Bonuses are offered in Crypto
The majority of offshore casinos now provide matching bonuses up to a certain amount when depositing cryptocurrencies to a trusted online casino Malaysia. For example, BK8 is offering a 75% match up to $750 on Bitcoin, USDT, Litecoin, and Bitcoin Cash/SV this month to those who gamble in crypto.
Depositing from a wallet to an online casino is increasingly becoming a necessary skill for all online gamblers.
Each month’s benefits are different. You may easily increase your winnings with match bonuses if you utilise different sportsbooks.
Increase of Crypto-Specific Casinos and Loyalty Schemes
There are casinos like BK8 that will exclusively take Bitcoin, and their footsteps have been followed by numerous others who are concentrating on cryptocurrency gaming. In order to compete with these schemes, online casinos like as BK8 have begun giving a reload bonus of 35%, which is exactly the same thing as a cryptocurrency loyalty programme. You will get an additional 35% bonus on top of any cryptocurrency deposits that you make to the site.
There are now specialised games that are exclusive to cryptocurrency gaming available at Spin Casino and other offshore casinos. Each of them runs on Adobe Flash and is optimised for usage on mobile devices like your smartphone.
Flat-Fee and Fast Deposits for Cryptocurrencies
The majority of the time, crypto gaming sites will accept free deposits of certain currencies. If there is a cost associated with them, it is stated as a flat rate rather than a percentage of the total. Deposits made with cash are subject to a charge that is calculated as a tiny percentage of the total amount deposited. This cost may go as high as 15.9% depending on the casino you choose to play at.
How to Get Free Deposits at Cryptocurrency Casinos
Free deposits are becoming more prevalent at online casinos as a result of promotions now being offered by the majority of these casinos Malaysia.
You should also anticipate greater maximum deposits while gaming with cryptocurrencies. This indicates that you will be able to put more money into your casino wallet for the same amount of money. For example, BK8 has been famous for providing superior casino bonuses such as the Crypto Lucky Draw Event that players are able to get extra cryptocurrency too.
In comparison, the most common kinds of cash allow for a maximum deposit of just $5,000, but you may deposit up to $100,000 worth of any cryptocurrency at Wild Casino for a single flat cost or for no price at all.
The Quickness of Crypto Deposits
When making deposits, crypto usually happens rather instantly. There are certain websites that will instruct you to wait anything from fifteen minutes to two hours. When compared to the three to five days it takes for funds to be sent from your bank to a casino, this is lightning quick. The blockchain enables very quick transaction times for internet businesses.
Cryptocurrency Allows for Anonymous and Borderless Gambling
When it comes to gaming, cryptocurrencies offer players two different kinds of anonymity. The first disadvantage of gambling with cryptocurrencies is that you cannot conduct the transaction via a bank. Because of this, the transactions on your debit card or the balance sheet of your credit card will not display any record of the cryptocurrency gaming deposit you made.
Why Bet Crypto Anonymously?
There are additional methods to maintain complete anonymity while participating in cryptocurrency gaming. When utilising online cryptocurrency exchanges like as Gate.io, you have the option of making deposits from a wallet that is completely separate from any of your personal information.
If you forget the pin number for your cryptocurrency wallet, you will lose access to the coin, maybe permanently.
Put down in writing your access codes and save them in a secure location. The greater the level of anonymity, the less likely it is that someone will be able to reclaim their money.
Crypto-Gambling and the Use of Anonymity
If you have a virtual private network (VPN), you may gamble online from any location in the globe thanks to borderless gaming. By using this anonymous method of depositing cryptocurrency, your country of origin will not be revealed during the process of depositing cryptocurrency.
It’s Possible That Crypto Gambling Is Safer Than Traditional Cash Gambling
Gambling with crypto is significantly safer than using your bank account or credit card online. The site does not save any information on a user’s crypto wallet. Your banking information is not stored when you switch from your wallet to a casino wallet. On the Blockchain, this transaction is completely secure.
You may have heard that certain casinos that provide cryptocurrency betting are less safe than others. This is one reason why we have decided to concentrate our attention on the same small number of trustworthy casinos and sportsbooks rather than quickly opening up new crypto-only casinos.
The blockchain is used in online crypto gambling to track the progress of a currency. Hackers that want to steal your cryptocurrency must first get access to the blockchain and then construct fraudulent transactions, which is very tough. To us, this is why it’s better to stay with Bitcoin and Ethereum, the two most popular cryptocurrencies. Regular gamblers should stick to a budget they can afford. If you’re looking for a particular bonus or want to spend your winnings on a currency you’ve already invested in, you should utilise alt coins.