When online gambling first took off, there were two types of players. The first was more adventurous who were willing to use bank transfers and debit cards. The second is a more cautious person who would call the casino directly to deposit into their account and even place certain bets.
As time went on and the industry grew in size, debit card and bank transfer transactions became more commonplace. However, players were waiting up to 2 weeks to get their money added to their account due to slow transfer times and pending transactions; even when the industry pushed towards e-wallets, there was still a long wait.
Nowadays, pending times have decreased to anywhere from a few hours to a maximum of 72 hours, and as the industry continues to expand at the rate it is, players will want their payouts to come even faster.
This is where Bitcoin comes into play. Cryptocurrencies have recently seen a huge surge in popularity, with more and more people looking for a reason to use them. Still, the speed at which they can be used and the ease of use make it a more popular option than traditional payment methods like Visa and Paypal.
Here are a few reasons why Bitcoin has become the fastest way to play at an online casino.