Bitcoin Popularity in Australia and New Zealand

Loyd Pelto

Author

Last Updated 22 November 2021

Right now, bitcoin and other cryptocurrencies are taking the world by storm. This new type of currency offers a level of convenience that is impossible to experience with traditional currencies. Because of that, many services are adopting them. You can find many online stores that deal with crypto, and sometimes only with crypto. That is the case with some sports betting sites and new casinos. You can get a bonus in bitcoin, for example. Are you curious about that? Then read the next section.

Bitcoin Bonuses on Casinos of Australia and New Zealand: What Are They?

Bitcoin bonuses on casinos in New Zealand and Australia work much like regular bonuses on casinos that use traditional currencies (dollar, pound, euro, etc.). However, instead of depositing traditional money, you need to have access to an e-wallet with some amount of bitcoin. With that in your possession, you can deposit some amount of bitcoin, and if you are eligible for a bonus, you will receive the bonus amount in bitcoin.

Some casinos will tell you that you win 2 BTC upon deposit, or other times you get a bonus of U$$5,000 in BTC. Because of that, you need to know how much bitcoin is worth so you keep track of your investments.

Benefits Of Casinos With Bitcoin Bonus

There are many benefits for those that make use of bitcoin (and any crypto in general) to buy, sell, or bet at online casinos. Here are the main reasons to consider the use of bitcoin:

quick transactions;
your data is always safe;
low exposure.

Let’s talk about all of that real quick. Since bitcoin uses a different technology (blockchain), it is processed much quicker than banks and credit card issuers process traditional currencies.

Moreover, due to this different technology, less data is required for you to have the money you need. While banks and credit card issuers ask you for a lot of personal information, registering for a bitcoin trading platform, e-wallet, etc., requires only a few info.

As a consequence of giving away little information when registering for any online service that works with bitcoin, you also get less exposure. There is much less information for hackers to get from you. That way, you are not even an interesting target.

Conclusion

Using bitcoin (and any crypto) is the future of online transactions. They are quicker and safer than traditional money. That means they have come to revolutionize the way people bet on casinos. Some bitcoin casinos offer no deposit bonuses, which you can check right now. Getting a bitcoin bonus in Australia and New Zealand was never so easy.