In the past decade the use of cryptocurrency has become more and more popular and in recent years it has become a deposit option at nearly all non UK casinos. This incredible banking innovation offers privacy, speed and security, lets take a closer look at how it has been incorporated into casinos non UK.
1. Privacy and Anonymity Free From Intrusive Scrutiny
One of the main reasons cryptocurrency has become a leading deposit option at non UK casinos is due to the great privacy and anonymity it offers. Unlike standard deposit options via a bank, crypto allows players to deposit and withdraw funds without providing personal information, this allows players to make multiple hassle free transactions without them all being recorded on your bank statement, it also stops any problems with transactions being blocked by the bank for multiple transactions.
Non Gamban casinos which hold licences outside of the UK allow players to make accounts and play on site without the need for long winded KYC checks, they can also deposit via crypto and have full anonymity without providing any personal information.
2. Faster Transaction Times
Crypto transactions are not subject to banking hours or traditional financial processing delays you might encounter with a bank transfer, making deposits and withdrawals much faster than traditional methods. For players at non UK casinos, this means they can access their cash almost instantly after a deposit and often enjoy instant withdrawals. Many non UK casinos have prioritised offering various cryptocurrency deposit options as its beneficial for the player and the casino alike.
3. Security and Transparency
The second biggest appeal for cryptocurrency is the security and transparency, every transaction is recorded on a public ledger which can be accessed by anyone, this ensures the security of funds and proof of transfers. The blockchain of each crypto coin will verify a transaction multiple times to ensure it is legitimate, this stops any chance of fraud.
Furthermore, the transparency of blockchain allows players to track their transactions in real time, offering peace of mind in knowing that their deposits and withdrawals have been successfully processed without any third party interference.
4. Freedom from Restrictions
Non UK licensed casinos such as EU casinos that accept UK players also attract a global audience from all over the world and cryptocurrency’s borderless nature makes it easy for transactions from all over the world. Normal banking and fiat currency exchanges can be restrictive due to currency conversion rates and international transaction limits. Cryptocurrency bypasses these limitations and restrictions allowing players to deposit and play from almost anywhere in the world without any concerns or issues.
Another perk these non UKGC licensed casinos offer is slots where you can buy the bonus UK, these hugely popular titles were recently banned by the UK Gambling Commision but can still be played at these sites, they allow players to buy directly onto the bonus rounds for a set fee.
5. Cryptocurrency Deposit Bonuses
To encourage the use of crypto deposits, many non UK casinos offer exclusive bonuses for crypto deposits such as matched deposit bonuses and cashback rewards. These promotions reward players for choosing crypto as a preferred deposit method and continue to increase the exposure of crypto deposits at online casinos.
The Future of Cryptocurrency at Non UK Casinos
Cryptocurrency’s rise in popularity as a deposit method at non UK casinos reflects a the growing desire toward flexibility, security and privacy in online gaming. As these casinos continue to adapt to player preferences, cryptocurrency options are likely to expand further with coin preferences expanding much further than just Bitcoin. With faster transactions, lower fees and exclusive bonuses, it’s no wonder that cryptocurrency is leading the way as a preferred deposit option at casinos not in the UK.
