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Thereu2019s no denying that the poker industry is constantly introducing new trends and evolving. And one of the biggest trends that have hit the online poker scene in recent years has been the introduction of cryptocurrency payments. Hence, simply knowing how to play poker will not be enough in todayu2019s world because you also need to know the new upcoming payment methods. <br>
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Cryptocurrency & Online Poker: Know More Introduction There’s no denying that the poker industry is constantly introducing new trends and evolving. And one of the biggest trends that have hit the online poker scene in recent years has been the introduction of cryptocurrency payments. Hence, simply knowing how to play poker will not be enough in today’s world because you also need to know the new upcoming payment methods. Therefore, in this comprehensive guide, we’ll be focusing on the popularity of cryptocurrency payments and what are the current cryptocurrency payment options that you use when playing Indian online poker. The Popularity Of Crypto Payments In Online Poker Since the crypto boom in 2017, online poker websites supporting cryptocurrency have come a long way. In the current day & age, cryptocurrency has become one of the most popular payment methods and poker websites have started accepting crypto payments besides traditional payment methods. Such rise in popularity shouldn’t come as a surprise to anyone who has been following the cryptocurrency space because this payment system offers various advantages such as: 1. The Convenience While online casinos are already very convenient to use, cryptocurrency takes the convenience to a whole new level. This is because players can easily withdraw and deposit money without having to deal with any lengthy verification process or banks. 2. The Affordability With the help of cryptocurrency, you can easily escape the transaction fees along with any additional costs which come with withdrawals and deposits. As a result, you can expect the transactions to be cheaper than using traditional payment methods like bank transfers or credit cards.
3. The Privacy & Safety If your financial & personal information ends up in the wrong hands, then it can end up hurting you later on. However, with the help of cryptocurrency, your deposit and withdrawal transactions will remain anonymous, allowing you to enjoy maximum security and privacy. The Popular Types Of Cryptocurrencies In Online Poker Compared to traditional payment methods, cryptocurrency comes in different options. However, you must remember that not all cryptocurrency options are popular and some stand out more than others. Hence, you have to choose the best option for your use case scenario. Some of the popular cryptocurrency options that you can use are: 1. Bitcoin Bitcoin has always been the most well-known cryptocurrency across the globe and almost all online poker websites accept this option. Hence, you don’t have to worry much regarding financial transactions because it’s the best cryptocurrency payment option out there. 2. Ethereum After Bitcoin, Ethereum is the second most popular cryptocurrency option out there across the globe. The best thing about cryptocurrency is that – it’s more than just a payment solution – it’s also a massive computing platform. In case you’re unaware, Ethereum can be utilised for developing various blockchain-based applications, making the platform futureproof and thereby a must-have payment choice for online poker websites. 3. Bitcoin Cash Built on the same blockchain as Bitcoin but has an independent existence from Bitcoin. Bitcoin Cash was invented in the year 2017 due to a major disagreement in the Bitcoin community and since then has become a go-to option for most poker players playing online. Conclusion
Blockchain technology is one of the greatest innovations of the 21stcentury, which is the reason why the best poker sites in India are already utilising its benefits. Furthermore, crypto payments are here to stay for a long time, so the quicker you start to learn about it, the better it will be for you. Besides, the technology will become further accessible to the public as the days go by, thereby making the process of playing rummy online or poker online more seamless. Lastly, if you have any further queries, don’t hesitate to ask us at any time because we’ll always be there to assist you.
