Bitcoin as a safe Payment option

For those with an ear to the ground in the tech world, the word “Bitcoin” will be one that rings a familiar bell. First created in 2009, Bitcoin is an online currency that’s created, valued and spent in the virtual world. Although it’s possible to pay for physical goods using the cryptocurrency, Bitcoin doesn’t have a physical form like a pound coin or dollar bill. Through a complex process of mathematical problem solving and virtual verification methods, Bitcoin has been hailed as the “future” of global currency and iGaming is now part of this revolution.

Nissicasino’s new payment option will allow customers to fund their accounts using Bitcoin and the question on most people’s lips will be: is it safe? Skeptical souls are often quick to question the validity of a payment option, but Bitcoin has one thing on its side: blockchain technology. In a nutshell, the blockchain is an ever-growing database of information that’s secured from revisions or tampering. When a Bitcoin is created, it’s added to the blockchain and through a process of timestamping and linking back to the previous blocks, each Bitcoin is kept secure.

Indeed, every time someone sends a Bitcoin to someone else, a network of computers will verify and log it in the blockchain. This basically means that everything is traceable and, therefore, secure. In fact, such is the power of the blockchain that major banks are now starting to utilise the technology to make their own processes more secure. So, if blockchain is good enough for the likes of Barclays, then it’s good enough for NissiCasino.

Players who visit NissiCasino.com will now see Bitcoin on the site’s list of deposit option. NETELLER customers can use the processor’s Bitcoin provisions to fund their Nissicasino account, while those wanting to keep their cryptocurrency separate can create a bitcoin wallet and make a deposit that way. Whichever option you choose, the transactions will be processed within 30 minutes and won’t have any fees attached to them.