Recent casino news has seen a slew of popular online casino and betting brands beginning to accept payments made in the popular crypto-currency Bitcoin. Now, licensed and US friendly online casino WinADay has become the latest site to accept Bitcoin deposits, revealing that from here on out they will accept both deposits and withdrawals made using the global digital currency. Bitcoin enables online casino players to make rapid deposits and withdrawals from their casino accounts, with fast processing times that are beneficial in both casino and betting environments.
The crypto-currency is rapidly becoming one of the most valuable currencies in the world, with the value of a single Bitcoin hitting a record high of over $2,900 earlier this year in May. Mainly offshore investors in Asia and Europe are driving Bitcoin’s value, and even the Japanese government was quick to recognise it as a formal currency in April, leading to a massive demand and greater legitimacy as a method of payment worldwide.
Bitcoin has also been becoming more international at a steady rate, which is great news for casino players around the world and in Canada specifically, as numerous premium casinos like WinADay are now choosing to add the method to their portfolios of secure financial systems. WinADay Casino Manager Michael Hillary was among the first to offer his comment on the new developments, noting that Bitcoin is one of the fastest payment mechanisms on offer at casino sites today – and WinADay’s acceptance of it is thus crucial in keeping up with the latest industry innovations.
By using Bitcoin, deposits are instantly credited and withdrawals will be processed on the next business day as soon as the withdrawal has been approved, the manager noted. This eliminates frustrating waiting periods and provides players with a convenient way to gain access to their casino winnings.
From July onwards, WinADay players may deposit Bitcoins at any time and they will automatically be converted into US dollars in their casino accounts. This will allow them to play any real money games at the casino, just as a standard cash deposit made through a credit card or eWallet would. WinADay also offers an up-to-date exchange rate for Bitcoin on their website that is refreshed every 15 minutes, ensuring that the currency’s immediate value is always accurately reflected.
The casino has also noted that it will soon begin to offer targeted support for numerous other popular digital crypto-currencies as well in an effort to bring its players the latest in payment solutions. Players who wish to make Bitcoin deposits and withdrawals can do so at WinADay Casino now, as the operator’s crypto-currency service is now live.