Frequently Asked Questions

You can buy Bitcoins and other altcoins (alternative coins) via electronic wallets. Credit Cards, Bank Wire Transfers, or nearly all e-Wallet payment systems can be used. Your cryptocurrencies will be stored either digitally or both digitally and physically.

The founder's nickname is "Satoshi Nakamoto," but "Craig Wright" has been sued for owning $5,118,266,427.50 valued Bitcoins. He was claimed to be the real inventor's name behind the founder of Bitcoin.

There are eight different ways to earn Bitcoin, as stated below:

1. By mining the Bitcoins.
2. By receiving from another sender via a digital wallet.
3. By playing casino games with Bitcoin casino bonuses.
4. By accomplishing website tasks.
5. As a result of interest payments.
6. By getting Bitcoins as a tip.
7. As a regular income from a company or organization.
8. By financial trading of the crypto coins.
9. Directly by the no-deposit welcome bonus offers.

A crypto miner or a Bitcoin miner is a person who generates Bitcoins by verifying and adding them to the blockchain (public ledger). As a result, new cryptocurrencies will be released.

No. There is no physically written form of Bitcoins like Treasury Bonds, Foreign Currencies, or Stocks. But Bitcoins can be physically stored in digital wallet gadgets as algorithmic numbers.

Yes, they are. Due to its crypto nature, all transactions are made anonymously and do not include personal information.

But you must receive the crypto-money in a digital online wallet account and prove your identity at that e-wallet website server.

There is no personal control at any step of the blockchain process. All of the crypto transactions are processed according to pre-defined software algorithms. To cut it short, we can say that Bitcoin owners control the Bitcoin network.

It is a storage medium for storing your Bitcoins. There are two types of Bitcoin wallets. The first one is online digital wallets, operated through websites on the Internet.

The second one is digital wallet gadgets, which are as small as even attachable to a key chain. But you must own an online wallet account to receive or buy Bitcoins. Then you may transfer them to your physical wallet gadgets.

Although a few countries declare Bitcoin as an illegal payment method, most of the globe agrees that crypto coins will be the future of all types of payments.

Even some countries like Estonia have yet to create their own national crypto money. It is a definite sign that cryptocurrencies will dominate traditional and costly banking mechanisms.

No. The primary advantage of using Bitcoin and altcoins is that they are tax-free.

Due to its decentralized nature controlled by the blockchain network, cryptocurrency transactions cannot be tracked by financial institutions, organizations, or government authorities, including banks and central banks.

Yes, there are. Algeria, Bolivia, Ecuador, Bangladesh, Nepal, and Cambodia. They have a common characteristic of being relatively weak IPC (Income Per Capita) compared to the rest of the globe.

Also, Canada, Jordan, Iran, Vietnam, Thailand, and India ban banking transactions with crypto coins but allow them to store and trade them.

The simple answer is "Yes," as crypto money can be converted to any foreign currency type. As you can turn your crypto-currencies into your preferred traditional currency, you may spend it anywhere and for anything you want.

It is generally profoundly relaxed for an online casino to cheat you. Because the background of the technological infrastructure is under their control, they may adjust any of your winnings and payouts.

But when it comes to "Provably Fair Gambling," the story is entirely different. Because all the game payouts are controlled independently and transparently, players do not face any manipulation of their winnings.

Most of the crypto casinos have licenses from Curacao under the Antillephone license. So it would be best if you were looking for the flag logo of this regulation.

Sure, you may. Online platforms allow you to exchange Bitcoin with other crypto and traditional currencies. All you have to do is register with one or more of them and swap your crypto coins.

Some informative websites like coinmarketcap.com, coindesk.com, and coincodex.com publish the rates of the crypto-currencies lively. Just visit them to see the live prices of these crypto coins.

The blockchain market is the only market maker for the prices of cryptocurrencies. Buyers and sellers determine the prices similarly as it is valid in supply and demand mechanisms.

Some minimum crypto amount requirements exist to open an account at online casinos. These are the converted amounts from conventional currencies.

It depends on the policies of each casino. The range is generally between 3 BTC to 5 BTC.

Sure. Nearly all crypto casinos offer welcome and reload bonuses to the Bitcoin and altcoin deposits as they provide for traditional currency deposits.

Yes. But you do not have to enter your name and surname while withdrawing your crypto money. So your financial transactions will be processed anonymously.

Yes. It depends on the crypto casino you prefer. But most of the casinos accept players from all over the world.