Few people do not know about cryptocurrencies and the most popular among them – bitcoin. Convenience, anonymity, speed, low fees – it has all the benefits that a good online poker payment method needs. Many of the best bitcoin poker have added or are preparing support for deposits and cashouts with cryptocurrency in best bitcoin poker.
Best bitcoin poker wallet for online poker room
The project is built on the blockchain, that is, it is a chain of transactions. They indicate how much was sent from one address to another. There are no records that a certain amount of bitcoins is stored on a certain wallet. This amount can be found by going through the chain of transactions. Features of bitcoin on best bitcoin poker sites:
- Anonymity in best bitcoin poker. Transactions are publicly available, but they do not have information about the owners of the wallets. All data, except for the amount and addresses, is anonymous until disclosed by the parties to the transaction;
- Cryptocurrency cannot be blocked or stolen unless the owner of the wallet himself gives access to it;
- No inflation. There is no bank that “prints” currency. And the total amount of bitcoins is limited. Therefore, in essence, Bitcoin is a deflationary currency.
Backing the best online poker bitcoin is like backing real currency with gold. Millions of computers and large computing systems are working on mining – the release of new bitcoins. They appear after solving cryptographic problems, which are constantly becoming more complex. Mining participants receive a reward in the form of a portion of the released money to the account. And each time these operations require more time and computational resources.
How to play best bitcoin poker
You can keep part of your bankroll in cryptocurrency and use it to play poker. Problems may more likely be related to the status of online poker or taxes on winnings in the country. Due to its legal independence, Bitcoin has become a popular means of payment among US players. They cannot make deposits from their cards and bank accounts because these transfers are blocked. And with cryptocurrency, you can quickly replenish your account, sit at a table or register in a tournament.
What are the best anonymous bitcoin sites
Poker rooms with a game for BTC can be divided into two groups: large rooms, where this is one of the payment methods, and small rooms with replenishment only in cryptocurrency. The former are more reliable, but do not support 100% anonymity – verification is still needed. The latter are more in line with the blockchain industry, but do not have a lot of traffic and have existed for several years. The best bitcoin poker sites are:
- Binance, which is well-known among exchanges in this space;
- PrimeXBT, the best bitcoin poker for demandable users;
- SimpleFX, with the help of which can be traded a range of different.
The ability to deposit and withdraw money from the best online poker bitcoin using bitcoins is useful to some players. Mostly for those who need to remain anonymous. In addition, cryptocurrency allows you to play in closed markets with a large number of weak players, for example, the United States. However, it is not worth storing large amounts in bitcoins due to the high volatility. Better to keep a few buy-ins in them, and the rest in “real” currencies like the dollar or the euro.