A Bitcoin casino often needs to keep itself relevant in the current marketplace. There are several advantages to playing Bitcoin, which includes low stakes, instant deposits and withdrawals, and player security and anonymity. However, with the increasing number of Bitcoin gambling sites out there, a Bitcoin casino needs to be able to offer something different from the others in field. BetChain Casino is one of many attempting to set itself apart from its competitors and it looks to be succeeding.
First of all, BetChain is known for its use of Provably Fair systems. Using cryptographic hash functions, Provably Fair technology is used in Bitcoin gambling to make it impossible for a player or casino to cheat. Suspicious plays can be checked using a Bitcoin cryptographic has function. When these results are calculated properly and fairly, they should show whether a result has been tampered with. The company explains it on their website:
“Data is converted into a hash string, which can be verified with an algorithm. If there was any interference in the game or any error in the payout, the hash will not be verified. As a player you can check the result of any bet yourself.”
Another feature that BetChain has been focusing on is how to accept fiat currencies. One issue that Bitcoin casinos often face is the lack of a clear method for payment and currency exchange. People usually have to turn to a wide variety of wallets and exchanges where online casino players can convert their money into digital currency. However, this means they have to do it manually convert their cash to Bitcoin. It has only been recently that a platform—one that can be completely integrated into the framework of a casino—has been developed to automatically convert money into Bitcoin.
Cubits, a London-based start-up, recently came out with what it described as an all-encompassing payment platform. This allows both merchants and customers to make and receive payments in euros. The way that it is integrated in BetChain, it allows players to make deposits in euros, play in Bitcoin, and then withdraw their winnings in euros if they want, straight from an online Bitcoin casino.
With this increased level of convenience, players will appreciate the added simplicity of adding to their Bitcoin casino bankroll. Instead of buying bitcoins and waiting for the exchange to happen, direct transfers are much easier and faster. Those who want a secure and smooth game experience should check out what BetChain casino has to offer.