BitStarz Casino joins the rising trend in iGaming as it opens its platform to accept more cryptocurrency payments other than Bitcoin. BitStarz now supports five cryptocurrencies Litecoin (LTC), Ethereum (ETH), Dogecoin (DOGE), and Bitcoin Cash (BCH).
The addition of four crypto payment options comes from the feedback and suggestions of registered players on BitStarz. This shows that there is a growing market for hybrid-currency gaming sites.
Srdjan Kapor, marketing manager at BitStarz, said:
“We here at BitStarz take a huge amount of pride in being one of the most adaptive and inclusive online casinos in the world. For that reason, the list of deposit and withdrawal options just keeps growing, as we continue to expand our player base. Just recently we added LTC and BCH support to great success, so we’ve now decided to add ETH and DOGE to our cashier options as well. We are sure that with the increased number of payment options at hand moving forward, players are going to be able to enjoy BitStarz bonuses, promotions, and games that much more.”
Brief Background of the Newly Accepted Cryptocurrencies
It is a good time for any BitStarz players to be owners of any recently supported altcoins. Here are the four cryptocurrencies that players can use on the online casino.
- Ethereum | Min. 0.01 ETH Deposit and Withdrawal
Ether is known for its Smart Contract network that allows developers to create decentralized applications. Its network is the platform of choice by many ICO campaigns.
- Dogecoin | Min. 1000 DOGE Deposit and Withdrawal
Doge is based on a viral meme about a Shiba Inu. Popularity of the meme led to a large community of users that own the altcoin.
- Litecoin | Min. 0.01 LTC Deposit and Withdrawal
Litecoin is regarded as the silver counterpart of Bitcoin which makes it a popular altcoin for investors looking to diversify their portfolio. This altcoin complements Bitcoin because Litecoin has faster transaction speeds and is cheaper than its gold counterpart.
- Bitcoin Cash | Min. 0.001 BCH Deposit and Withdrawal
Bitcoin Cash is the result of Bitcoin Classic’s fork last year. It became popular for its block size of 8mb which leads to better scalability. Those who own Bitcoin in private wallets or certain exchanges have the same amount of BCH at the time of the fork.
Players who own any of these altcoins has a chance to double the amount in their wallet by playing BitStarz video slots, live dealer tables, and other casino games.
Importance of Accepting Multiple Cryptocurrencies
While Bitcoin is the most used cryptocurrency in the world, there are many who prefer to transact with different altcoins. Recently, Bitcoin usage dropped because of large transaction fees and network congestion wherein payments take a significantly longer time to complete.
BitStarz and other hybrid-cryptocurrency casinos make it easier for players to send in their payments if there is a problem with one or more altcoins. This helps BitStarz reach its goal of welcoming more players from accepted countries.