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Hybrid Bitcoin Casinos or Bitcoin-Only Casinos – Which Are Better?

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The rise of cryptocurrencies over recent years has had an impact on several industries. Gambling is one such industry, and many of the best online casinos offer Bitcoin as a payment method

Some of these casinos work exclusively with cryptocurrencies, while some are more traditional gambling sites that simply have integrated crypto on top of their fiat options.

This post will take a look at the advantages of joining a Bitcoin-exclusive casino on the web versus picking a hybrid one.

Advantages of Hybrid Bitcoin Casinos

Let’s start with the hybrid Bitcoin casinos. Usually, those are traditional gambling platforms that have been around for a long period of time. 

They offer classic payment methods such as Visa, PayPal, Skrill, and similar. At some point, they decided to add Bitcoin and potentially other cryptocurrencies to their portfolio. 

If you decide to join an online casino of this type, you will be able to enjoy the following benefits.

Lower Risks

Such online casinos often have a strong reputation and are licensed by respected gambling commissions such as the UK Gambling Commission, the Malta Gaming Authority, and similar regulators.

They are known for protecting the customers and monitoring all actions of every single casino. Your money and personal data will be safe with most casinos backed by such a name in the industry.

In comparison, BTC-exclusive operators are usually regulated by offshore gambling commissions that are not on the same level.

Better Products and Higher Variety

Another advantage of the experienced hybrid casinos that work with Bitcoin is the quality of their products. They use the services of some of the best studios on the market and offer the best games available. It could be slots, card games, live casino tables, video poker, you name it.

On top of that, the variety usually is much higher compared to Bitcoin-only casinos. Many of the leading platforms out there can offer hundreds of different titles. You would struggle to run out of fresh games to pick from and new options are added all the time.

Other Payment Options

The option to pick different banking methods could be useful. You can make deposits or withdraws with Bitcoin, but decide that you need the money in your credit card or something else in a certain situation. It’s handy to have a choice between many reliable providers.

Advantages of Bitcoin-Only Casinos

Your other option would be to pick a Bitcoin-only casino. This means that the gambling platform will only use BTC and potentially other cryptocurrencies. You won’t have access to mainstream banking options that work with fiat currencies.

Here are the main reasons to do that.

No Country Restrictions

Certain countries like the USA, for example, have restrictive online gambling laws. They don’t allow local citizens to use the services of internet casinos, so most of the traditional sites simply don’t accept such players.

This is not a problem for BTC-exclusive casinos. The unclear status of cryptocurrencies in most parts of the words makes them the perfect option for players from restricted territories.

No Personal Information Required

Many Bitcoin casinos won’t require you to add personal information or go through boring Know Your Customer (KYC) procedures, unlike the hybrid casinos. You can simply open an account using your email or in some cases, you don’t even have to do that.

You can stay completely anonymous and that’s one of the core advantages of Bitcoin in general.

Smaller Minimum Bets

If you have a small gambling bankroll and don’t want to take big risks, you should probably pick Bitcoin-only online casinos. Most of them come with lower minimum wagers, so you will be able to last longer if you have limited funds.

Conclusion

There’s no right or wrong choice here. The hybrid Bitcoin casinos offer a better service overall and they are safer on average. However, the exclusive crypto gambling sites are available to players from all over the globe and are often anonymous.

Picking either option depends on your personal needs and requirements.

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Bitcoin

Basic Guide on How to Spend Bitcoin and Other Cryptocurrencies

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In recent years, Bitcoin and other cryptocurrencies have entered more into the mainstream. Most people walking down the street have at least heard of Bitcoin. While a lot of people got involved in the buying and selling of cryptocurrencies to try and make a quick buck, most people who are enthusiastic about the world of blockchain are in it for the long haul. 

These are usually the people who are going to be more likely to actually use their Bitcoin and other cryptocurrencies as a payment tool and not just as a storage of wealth or a trading tool. This guide looks at a few different ways in which you can use your Bitcoin in spending capacity. 

Crypto Debit Cards

Perhaps the easiest way for you to spend your cryptocurrency is by linking up your holdings to a debit card. 

These days, many of the leading card providers such as MasterCard and Visa have these types of crypto-linking debit cards. These cards can be used just like you would a normal debit card that is linked to your fiat currency bank account. 

Naturally, the most popular type of crypto debit card is going to be for Bitcoin, but there are other cryptocurrencies catered for also. 

Prepaid Cards

There…

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Bitcoin

Is Bex500 an alternative to BitMEX?

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An all around review of Bex500

Bex500 is a young but rapid-growing exchange, less adversarial than BitMEX, but with higher leverage than Binance, Bex500 has enough strings to attract many crypto traders. 

Those dissatisfied with the old exchange, may find Bex500 exchange with a stable system with no manipulation or “overload”, pleasant UX, user-friendly tool kits, and around-clock customer service.

Bex500 says they are making crypto margin trading “easier” and giving you a better return. 

Can they really achieve that? We conduct a comprehensive review as below to see if it is a trustworthy exchange

Question 1. What features does Bex500 have?

Bex500 offers perpetual BTC futures as well as three other cryptos including ETH, XRP and LTC, all paired against USDT. You may find Bex500 doing a good job aggregating most important features traders need for a robust trading experience with better return.

-A fair trade with no overload

Many traders are familiar with “overload” problem, which disables placing orders in peak trading times. It is suspected to be insider manipulations by exchanges which can cost users entire portfolios.

Bex500, with its unmatched TPS (claimed to be over 10,000 orders per second), ensures that the trading…

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How Bitcoin Has Changed Online Gaming

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We always hear how Bitcoin is great for the financial industry, how it can remove the middleman and help you save money while you spend money. How it can provide fast transactions at any time to any place, even when you wish to send money to someone on the other side of the world.

While all of that is true, it is important to remember that Bitcoin’s impact does not end there. The coin has already changed countless other industries, but one of the first ones that have accepted it with open arms — and therefore one that was changed the most — is the online gaming industry.

Bitcoin’s impact on online gaming

The first thing to note here is that digital currencies have found their use in online gaming thanks to microtransactions. However, it goes far beyond simply purchasing an in-game item from another player. Bitcoin’s biggest impact, without a doubt, concerns online gambling, sports betting, and similar activities.

Bitcoin brings security and anonymity

Bitcoin casino has become one of the new most popular places for an online gambler to visit, and for numerous reasons. Bitcoin brought increased security — to the financial industry, as well as online games. This is important because security is crucial for anyone who enjoys online gambling. It…

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