Cryptocurrencies and Crypto Casinos in Sport and Online Casino
Editors view Friday. 08.11.2024
Cryptocurrencies and Crypto Casinos in modern times. Dear readers. We are aware, of who won the US election in 2024. Regardless of the outcome and the impact it may have, one thing came to my mind. For me as a private investor and careful investor things took a turn. I re-opened an old Plus500 trading account and reactivated my CFD trading account. And here is why:
What is CFD trading ?
What is CFD Trading? please be aware, that I do not take any paid commission, nor returns from Plus500. Be aware of the high risks it carries to trade with CFDs.
CFDs or Contracts for difference are financial derivatives in trading where a difference is settled in cash between the open and closing trade.
Back to my story folks. I woke up a few days ago with Bitcoin and its brothers and its sister coins shooting through the sky. I had hardly invested in Altcoins or Trading platforms like Binance.com. I wondered if I had missed the hype. Playing online casinos has its risks and calculating bets or playing online slots with coins is a game of chances too. So what is the connection between Cryptocurrencies and Crypto Casinos?
Depositing with Bitcoin and eWallets
What are the most commonly used crypto coins used for online crypto casinos?
The most commonly used cryptocurrency in Online casinos is Bitcoin. This Altcoin has gathered a huge following. Despite being mostly unregulated and difficult to maintain acceptance, Bitcoin is now a household name. Other coins used are Solana, Ethereum, and Ripple. Secure eWallets to deposit to your online casino are available on most phone Apps.
