Cryptocurrency’s ascent is well-known. In fact, it’s predicted that by 2025, the global cryptocurrency market will be worth an astounding $100 billion. What many people don’t know, however, is that cryptocurrency is not just limited to digital transactions. You may use it to fund your account at a Singaporean online casino, too! In this article, we will discuss the benefits of using cryptocurrency as your banking method in online casino Singapore. Some of the best casinos that accept this payment option will also be examined. So read on to learn more!
A Brief Intro to Cryptocurrency
Using cryptography to safeguard transactions, cryptocurrency is a digital asset. Unlike traditional currencies, which are controlled by governments and financial institutions, cryptocurrency is decentralised. In 2009, the first cryptocurrency, Bitcoin, was founded. Numerous more digital currencies have been launched since then.
The Benefits of Using Cryptocurrency as Your Banking Method in Online Casino Singapore
It’s a good idea to use cryptocurrencies as a form of payment at Singapore online casinos.
#1. Cryptocurrency is Incredibly Secure
A public ledger known as a blockchain verifies and records all transactions. This makes it impossible for someone to fraudulently spend or receive funds that they do not have. In addition, there are no banks or intermediaries engaged in the process since bitcoin is decentralised. This further reduces the chances of fraud or theft.
#2. Cryptocurrency is Fast and Convenient
Bank transfers can take days to process, but cryptocurrency transactions are usually confirmed within minutes. This makes it an ideal banking method for online casino Singapore, where time is of the essence. Additionally, because cryptocurrency can be stored in a digital wallet, you don’t have to carry around cash or cards with you. All you need is your smartphone!
#3. Cryptocurrency is Anonymous
When you make a payment with a cryptocurrency, no one knows who you are or what you’re buying. This means that your identity is protected, and you can play online casino Singapore games with complete anonymity.
#4. Special Bonuses and Promotions
Players who utilise cryptocurrencies may often take advantage of unique promotions and incentives offered by several online casinos. Use this payment method if you want to get the greatest rates! One of the best bonuses is the BK8’s Crypto Deposit Bonus, where you may claim extra bonus up to SGD 888 when you deposit with cryptocurrencies.
Types of Cryptocurrencies Accepted in Online Casino Singapore
It is common for online casinos to provide special promotions and incentives to cryptocurrency users. If you want the best prices, choose this payment method!
Bitcoin
This cryptocurrency is one of the most popular in the world. Over $60 billion has been invested in the company since it was founded in 2009. Bitcoin is a digital currency that may be exchanged for real-world products and services or used as a medium of exchange.
Ethereum
Since its inception in 2015, this cryptocurrency has grown to become the second most valuable in the market. With Ethereum, smart contracts and decentralised apps may be powered. It is now valued at more over $30 billion on the open market.
Bitcoin Cash
The Bitcoin blockchain was formed in 2017 to generate this money. Faster and more scalable than Bitcoin, it’s the goal of this project’s design. Bitcoin Cash has a current market value of over $15 billion.
Litecoin
This cryptocurrency was created in 2011 as an alternative to Bitcoin. However, Litecoin’s transaction speeds and fees are far quicker than Bitcoin’s. It’s now worth nearly $12 billion, according to the stock market.
Ripple
This cryptocurrency was created in 2012 with the goal of being used by financial institutions for international money transfers. Market capitalization-wise, Ripple is now the third biggest cryptocurrency.
Top Online Casino that Accepts Cryptocurrency in Singapore
Now that we’ve discussed the benefits of using cryptocurrency as your banking method, let’s take a look at some of the top online casinos that accept this payment method in Singapore.
In Singapore, BK8 Online Casino Singapore is one of the most well-known online gambling establishments. Among the many options available at this casino are slot machines, table games, and games with a live dealer. What’s more, they offer an incredible 150% welcome bonus of up to SGD 800 for new players!
Who Are The BK8 Casino Singapore?
The BK8 Casino is a world-renowned online casino that offers players the opportunity to enjoy a wide range of casino games, including slots, table games, and live dealer games. Since 2014, the firm has been operating out of Malta. Licensed by the Curacao Gambling Commission, the BK8 Casino ensures its players’ safety and security.
What Are The Advantages Of Playing At BK8 Casino?
Playing at the BK8 Casino has a number of perks. Firstly, the casino offers an incredible 150% welcome bonus of up to SGD 800 for new players! A second benefit of playing at this casino is the range of games available, which includes anything from sports betting to slot machines to live dealer options. Finally, the BK8 casino is secured with 128-bit SSL security encryption to ensure every detail and information about its players are safe from 3rd-party.
Looking for an online casino that takes cryptocurrencies in Singapore? Then BK8 Casino is the place to go. With a wide range of games on offer and an incredible welcome bonus, this casino is the perfect choice for any player looking to enjoy the best that online gambling has to offer. So, what are you waiting for? Sign up today and start playing at the BK8 Casino via cryptocurrency in Singapore!
Conclusion
Cryptocurrency is the future of banking in online casino Singapore for a number of reasons. To begin with, it is quick, efficient, and secure in all aspects. The second benefit is that gamers may easily access a large variety of casino games. Finally, the BK8 Casino is one of the top online casinos that accept this payment method and offers an incredible crypto deposit bonus of up to SGD 888. That being the case, what are you still sitting there thinking about? Sign up for a BK8 Casino account now!