Why are Anonymous Bitcoin Casinos Safe?
Anonymous casinos are considered the safest places where you can gamble nowadays. Usually, ordinary gambling sites are somehow connected with the authorities like governments or central banks. If a casino accepts fiat currency payments, then you will need to confirm your identity and gamble openly because traditional payment methods are supported by central banks. However, unlike regular casinos, anonymous casinos are completely safe as they are decentralized. Besides, they are developed on blockchain technology which ensures that all your transactions stay confidential. These are the main reasons why gambling on an anonymous casino can be the best choice for your safety.
Blockchain
One of the main reasons why gambling on these sites is completely safe is that anonymous Bitcoin casinos are supported by blockchain technology. Blockchain is a decentralized ledger that backs up several digital coins like Bitcoin, Bitcoin Cash, or Ethereum. It is a data structure that holds the records of your crypto transactions and ensures transparency, and security. Anonymous gambling sites are built in this mechanism, meaning that linking your identity to your account is impossible.
These sites are integrated into the blocks of this ledger which are not controlled by any authority. Therefore, you can be sure that your gambling actions, crypto transactions, games you play, or bonuses you receive are safe from third parties. That is the main advantage of blockchain. Although some crypto casinos are also supported by blockchain, they just offer Bitcoin as a payment method and are not built in this technology, which is the main difference.
Decentralized
Another great thing about anonymous online casinos is that they are decentralized. According to anonymous BTC casino reviews, that is one of the most important factors for gamblers. Everybody wants to choose a casino that does not have to do anything with the government. With a regular casino, users often experience problems with the laws because gambling online is not always legalized. However, these anonymous casinos are completely decentralized, meaning that anonymous casino operators are not connected to authorities and are not managed by third parties. Thanks to blockchain technology, the central bank cannot get involved in your crypto transactions and as a result, crypto deposits and withdrawals usually take a few seconds to be performed. On the contrary, usual fiat transactions need to be confirmed by central banks which is why they sometimes take more than 24 hours. Besides, if you are paying with your fiat money, your transactions will be visible to authorities.
Pros & Cons of an Anonymous BTC Casino
Before you choose the best anonymous Bitcoin casino for playing online, you need to be aware that you can encounter both pros and cons while gambling on these platforms. As you have already seen in this article, the main perk of anonymous sites is that you are accompanied by total privacy. Besides, these casinos do not have any official guidelines for gambling, like restrictions on claiming rewards and so on. However, you should also know that sometimes the lack of authorities can cause certain problems. Furthermore, the number of anonymous crypto sites is not as large as regular online casinos. Let us discuss the pros and cons of anonymous gambling in more detail.
Pro: Total Privacy
The main advantage of all the perks that anonymous online gambling sites have is that the customers that gamble on them are safe. The key purpose of creating an anonymous gambling site was to ensure that players were protected from third parties. Consequently, anonymous casinos are created in a way that a bank cannot see your transaction history. It is a vital thing for those who worry about their credit score. Gambling transactions often damage the credit score of customers but considering that on anonymous sites your account is not connected to banks, gambling there cannot harm your credit score.
There are so many things that can affect your credit score such as missed payments, applying for a big credit in a short period, and some activities as well that are unacceptable for banks. Gambling is an activity that has a bad reputation towards authorities. Therefore, obvious gambling actions can be harmful to your credit history. But thanks to these anonymous sites, you can gamble safely because your privacy is guaranteed. There is no way that banks can trace your crypto transactions if you take enough time for choosing the right anonymous online casino to gamble on with Bitcoins.
Pro: Lack of Authority
Not having to deal with authorities is another great perk of playing on anonymous online casinos. Gambling is a risky activity, and no one wants to get involved with the jurisdiction and official laws. That is why players often try to avoid interacting with the government, banks, or other financial and jurisdictional authorities. The best way to do so is to choose anonymous crypto gambling sites. Therefore, you can be sure that your actions cannot be visible to anybody, not even to casino operators. Blockchain ledger does not let anyone connect your personal information to your crypto transactions.
Although regular crypto sites are also supported by blockchain technology, sometimes they require you to use traditional payment methods and exchange your fiat currencies into cryptos on a casino platform. With anonymous crypto sites, that is very unlikely to happen. As you can see in this anonymous casino review, this decentralized ledger ensures that players are completely free from authorities and their transactions are invisible. That is one of the main reasons why Bitcoin players tend to choose anonymous casinos nowadays.
Con: No Official Guidelines
On the other hand, before you start gambling on anonymous casinos, you should know that they are accompanied by some negative sides as well. The first and most unfortunate disadvantage of these sites is that they do not have any official guidelines. This can be considered as a con because it means the casino can make something as risky as they want. The available rewards are usually much bigger but taking part in some promotions can be dangerous.
The main reason why this is considered a con is that usually players open disputes if they experience unfair treatment. But as there are no official guidelines on these sites, it is harder to find a regulatory body that will help you solve the dispute. Anonymous casino accepted Bitcoin is not usually governed by regulators and therefore if there is a dispute, it is highly unlikely that you can contact someone because if they were, the authority would never allow total anonymity. So, even though not having official guidelines seems like an advantage at first glance it can cause some troubles for players.
Con: Lack of Variety
One more unfortunate thing about anonymous online casinos is the lack of variety. Although there is an obvious tendency of switching to digital gambling sites that offer cryptocurrencies, there are not so many anonymous casinos available today. It may be the case that software providers do not want to partner up with such casinos, forcing them to either make their games or partner up with smaller providers that are desperate for a client. As a result, the demand for anonymous gambling websites is so high but not everyone can take such risky steps to establish an anonymous BTC casino. As a result, it is easier to find regular crypto casinos compared to anonymous ones.
Things to Know about Anonymous Crypto Casinos
Playing casino games on Anonymous crypto casinos can be very favorable but only if you choose the site correctly. That is why you should consider some things before you choose a particular casino. First, you should be aware of their process of verification. Make sure that a casino does not require an NYC option. Besides, keep in mind that even though your privacy is guaranteed, gambling on anonymous sites can be still risky.
How Verification Works
First, pay attention that the main idea of the anonymous casinos is that they do not require NYC. Know Your Customer is the set of basic rules by which casino operators demand players to confirm their accounts and prove that a certain identity belongs to them. However, the main attraction of the anonymity of Bitcoin casinos is that you do not need verification to deposit or withdraw. That is why you should check if an operator requires verification for crypto transactions and if they do, consider switching to another anonymous website.
It is Pretty Risky
One more essential thing about anonymous crypto casinos is that they can be risky at times. It is a fact that the confidentiality of their customers is a priority for these sites but sometimes players encounter certain problems due to not having the regulatory body to contact if something goes wrong. Even though the bonuses and promotions on these websites tend to be very favorable, there is always a chance that the casino just does not give you your winnings in Bitcoins and you cannot even open a dispute about it. However, keep in mind that so much value cannot come without some risk. Just try to choose relatively trustworthy anonymous sites and to reduce risks.