2016/07/20 1:00 PM

Bitcoin is a digital currency that allows users to make purchases and complete transactions on sites that allow it. Perhaps one of the main reasons why it has grown so much in popularity is the fact that the software is open source and can thus be used by just about any company.

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Bitcoin can be exchanged for real money or be used as is, to pay for goods and services.  This is how it has become one of the main funding option in online casinos. Online gamers are able to put in money and cash out winnings without spending any of their own money. Bitcoin is very popular in many countries around the world and there are many high profile people with strong convictions that the spread is only just beginning.

Why has Bitcoin Become a Favourite Amongst Online Casinos?

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