Bitcoin is a decentralized cryptocurrency represented to the world in 2009 for the first time. Bitcoins differ from e-money or non-cash transfers due to their not being created by an issuer and not being its debt obligation. It is a very important fact that crypto casinos are financially independent. Such online casinos are free from taxes or obeying the laws of any country. Thus, they do not have to purchase a gambling license.
To make a payment, you have to create a personal wallet and use the bitcoin address. Today, everyone can buy a lot of goods and services, which include gambling at online casinos, for bitcoins.
The BoomAff team offers to its clients both variants of bitcoin casinos. We will prepare and launch a casino with the Curacao license and all the licensed games or make a bitcoin online casino without a license for you.
Just like any other cryptocurrency, bitcoin appears and is kept in the Internet in the form of a virtual code. It can be purchased on special websites and kept in bitcoin wallets. A user who wants to buy bitcoins, litecoins, ethereums etc. registers on the website, receives a personal code and getting an opportunity to register a personal wallet.
The cryptocurrencies move only within the Internet, the transactions are made without mediators (payment services), the whole network is peer-to-peer. Bitcoins are located on a personal computer or special resources.
So, it is quite simple to exchange bitcoins: the owners of the cryptocurrency send it in a way which is similar to torrent services when the users share files, movies, and software.
Being now an effective alternative to traditional currencies and electronic payment systems, such currencies as bitcoin, litecoin, ethereum etc. gain popularity in the sphere of online entertainment. Casino gamblers are delighted to use bitcoins, since this payment method provides total anonymity and transparency of financial operations at the same time.
Online casinos where bitcoins and other cryptocurrencies are used as the only payment system have some strategic and competitive advantages and attract many progressive users. There are some peculiarities that should be considered while starting a bitcoin online casino:
- There is no need to spend money for the license
- The activity is non-taxable
- Quick launch
- Enhanced users’ anonymity
- Total finance control
- Quick payment processing
- Conversion of bitcoin into any other currency
- Payment irreversibility
In order to start a bitcoin casino, some special software may be needed.
The software for bitcoin casinos can be ordered from us. It is the BoomAff team that is responsible for the product quality. Considering the fact that a bitcoin casino script is the main component of the business, it is worth paying attention to the project quality, which should be perfect, for sure.
Some casino owners just purchase a bitcoin casino script and implement it into the software they already have. Others buy a turnkey software for bitcoin casinos with all the necessary components in one package.