As of December 2016, there are around 16m Bitcoin in circulation with the value of each coin currently sitting at a whopping £1800 although, this price fluctuates daily. The cryptocurrency is more popular than ever and as many expected, it is starting to leave an impression on the UK online casino industry and we are actually starting to see Bitcoin Casinos UK sites popping up across the web. Bitcoin Casinos UK will soon be everywhere so what type of games can you play on these sites? Additionally, we are going to look at the risks of Bitcoin Casinos UK sites as well.
Bitcoin Casinos UK: The Risks
Understanding the risks is important when it comes to Bitcoin. The coin itself runs on a peer-to-peer network and is decentralised. What this means is that it is not controlled by a bank or government and instead runs on a ledger known as the Blockchain. It is controlled by those that use it and this means that its market value is pretty volatile. Thus, there is a risk choosing Bitcoin Casinos UK as the market value can change dramatically every couple of hours. We always want our readers to get value.
This means that choosing Bitcoin Casinos UK could be risky at this stage. However, for those that have an interest in these type of currency then the Bitcoin Casinos UK could be a good choice. These sites will offer great slots, table games and even scratch cards. There are a few of these sites now live to play on and many more will follow suit in the coming months so how exactly can you play on Bitcoin Casinos UK? There are a couple of things to consider before you can begin playing games on these sites.
Bitcoin Casinos UK: Rewards
Players will soon be able to win big using Bitcoin to deposit on these sites. The first thing you need to think about is how you will purchase Bitcoin. In most cases, players will be able to purchase the cryptocurrency online by using several websites and exchanges. These can be purchased from others using your debit or credit card. Then you can begin to look at the Bitcoin Casinos UK that are available. Once you have found a suitable site you then have to download a Bitcoin wallet. These can be found on Google Play Store and Apple App Store.
Then you can finally make your deposit to Bitcoin Casinos UK sites and begin enjoying games on these platforms. You will be able to play slots, table games, scratch cards and much more. Welcome offers can also be claimed but due to the nature of the Bitcoin, it is important that you read carefully what is offered to you. Prizes can be awarded in GBP but also Bitcoin as well. The Bitcoin Casinos UK sites are still very much developing so we will continue to keep an eye on how these sites progress.