Bitcoin Casino in Japan

December 24, 2021 Blockchain

Today we will talk about one of the most popular types of payments – payments using cryptocurrency, and above all transactions with Bitcoins including ビットコイン対応カジノin Japan. We will try to explain in simple words what Blockchain is, how to open a deposit in Bitcoins, and then what methods you should use to transfer your winning funds to your virtual wallet.

What is Bitcoin?

A decentralized digital currency like bitcoins raises many questions for players, especially beginners, and the main one is: which casino accepts bitcoin transactions? The difficulty is easy to explain: casinos accepting bitcoin payments usually use the Cubix payment system, so practically every gambling house deposits funds in more or less the same way. So, you have to choose different rules for carrying out the evaluation, which requires time to read the regulations or telephone conversations with consultants. We decided to simplify the situation and developed a set of criteria ourselves to compare gambling houses accepting payment with Bitcoins. The evaluation of gambling houses included the number of games in their portfolio, the level of popularity of their providers, accepted payment methods and offered bonuses.

How does bitcoin work?

Bitcoins appeared on the market in 2009, and the originator of this cryptocurrency is still unknown as he hides under the invented name of Satoshi Nakamoto. Bitcoin’s price has experienced both crazy highs and drastic lows throughout the history of this cryptocurrency’s existence, but over the past few years it has been steadily, although not very rapidly, rising. In addition, there is now no doubt that it is a widely accepted currency (although the legal status of Bitcoin in Japan is still not precisely defined – it is only defined as a payment voucher, so operations using Bitcoin are exempt from tax on civil law transactions or VAT).