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Here at Everygame Casino, we look in all four directions for ways to make online casino gaming better and better. We innovate and try to be in the forefront of many new ideas in online casino gaming.
One very new idea is using cryptocurrencies for deposits and withdrawals. This idea is so relatively new that we thought it best to compose this Crypto Guide to steer gamers in the right direction, cryptocurrency-wise.
Everygame Casino Offers Four Ways to Use Cryptocurrencies
Gamers can bank using Bitcoin, Bitcoin Lightning, Bitcoin Cash, and Litecoin. Surely, using a cryptocurrency gives gamers some kind of advantage. First, let’s go through some of the history of casino banking, both online and on land.
When Casinos Started There Was….. Cash.
A player came to a land-based casino and put down cash to play. In poker movies (also in James Bond movies), we still see players with wads of cash on the table. At land-based casinos, players could also use a money order, a bank transfer, or a Western Union money transfer.
Most players arrived in Las Vegas with cash.
Along Came Credit Cards
When credit cards began to be almost universal, they became light years better than cash as a mode of banking at a casino.
Credit cards are still a very popular way to deposit and withdraw at a casino. However, players have always wanted as much anonymity as possible.
Bank transfers and credit cards are not so good for anonymity in online casino gaming. A lot of gamers are not looking heightened anonymity. They continue to deposit and withdraw with a credit card or a direct bank transfer.
But, on the other hand, a lot gamers do want more privacy.
The Rise of the EWallet
The E stands for electronic. An ewallet is simply a holding place for people’s money. They can send the money anywhere that accepts money from that particular ewallet. A lot of people receive payments to an ewallet as well.
While ewallets were a very new way to send and receive money online, they were easy for people to understand. An ewallet was a kind of wallet and every adult takes a wallet when they go out. The ewallets gave gamers more privacy since only the ewallet knows that money is going to or coming from an online casino.
And Now the Blockchain
Cryptocurrencies are based on what is called a blockchain. This is a term that almost nobody had ever heard of until it was used in connection with bitcoin, the first cryptocurrency.
One of the reasons many people did not trust or believe in the viability of cryptocurrencies when bitcoin appeared in 2009 was because, unlike ewallets, very few people understood how a blockchain would work for a currency.
Even today, the term blockchain has no meaning for most people. But bitcoin and the other leading cryptocurrencies have gained a foothold in the popular culture. The reason is because more and more companies are accepting cryptocurrencies as real currencies.
Everygame Casino is simply one such company.
Bitcoin and the Others Offer More Privacy
Here is where the blockchain comes in. All bitcoin et al transactions are put on a digital blockchain. In theory, it is next to impossible for a government to find out whose financial transactions are on the blockchain.
In the last 50 years or so, people have developed a distrust of fiat government money. Governments took their currencies off the gold standard. This meant the government money was backed only by a promise of the government.
A lot of people felt then and feel now that this is the kind of promise a government might break.
In practical terms, a gamer can use Bitcoin, Bitcoin Cash, Lightning Bitcoin, and Litecoin to deposit and withdraw at Everygame Casino without having any strong feelings about fiat government money. The reputation of cryptocurrencies as sound currencies that offer the most privacy is what has drawn so many gamers to use Bitcoin and Litecoin.
How to Use a Cryptocurrency at Everygame Casino
You will first have to set up a cryptocurrency account. You do this through the blockchain. Once you have an account in the blockchain, you will need to buy the cryptocurrency using regular money and put the cryptocurrency in your crypto account.
Then, it is easy to send the crypto money to Everygame Casino.
How Does Everygame Casino Keep Gamers’ Money Safe?
People have been gaming here at Everygame for many years. We use the best available encryption software to protect your money while it is in your casino account. In fact, the term cryptocurrency comes from the root of the word encryption!
The blockchain acts as encryption software to keep unwanted eyes away from your private assets. As soon as the bitcoin or Litecoin arrive at your casino account, our encryption software takes over and you are very well protected indeed.
Everygame Casino Offers a Grand World of Online Casino Gaming
We carry over 300 games. We run many promotions that combine deposit bonuses with free spins. Our Welcome Package of four deposit bonuses and one no deposit bonus is worth as much as $5555.
There is a lot to like about Everygame Casino in addition to our acceptance of cryptocurrency and our dedication to keeping your money safe.
