Bitcasino Starts Accepting Cardano’s Native Crypto ADA as Payments

Bitcasino Starts Accepting Cardano’s Native Crypto ADA as Payments April 27, 2021 April 27, 2021 Carolyn Dutton
 Industry April 27, 2021 by Carolyn Dutton

Bitcasino.ioBitcasino, the world’s foremost legal Bitcoin-based online casino platform operator, has started supporting ADA, the native cryptocurrency of Cardano as a method of payment, paving way for ADA holders to experience a broad range of online games.

Back in 2017, Cardano was introduced as an open-source, public blockchain, with cryptocurrency ADA as the native token. Globally, Cardano has rapidly grown into one of the acclaimed blockchain platforms with a strong core development team.

Tauri Tiitsaar, Director of Casino at the Coingaming Group, explained the reason for including ADA in Bitcasino platform. Tiitsaar highlighted the popularity of Cardano network for adding it the Bitcasino platform. He also revealed that the decision was taken to fulfill the consistent requests of Bitcasino gamers.

He also welcomed Cardano community to try the platform

We look forward to welcoming the Cardano community to Bitcasino, where they can expect fun, fast and fair gaming.

Currently, Bitcasino has stipulated the minimum deposit as 15 ADA and minimum withdrawal as 30 ADA. On the basis of prevailing prices, the minimum deposit and withdrawal limits translate to $17.4 and $34.80. ADA is the seventh crypto supported by Bitcasino. In addition to gamers’ favorite Bitcoin (BTC), other cryptos supported by Bitcasino are Ethereum (ETH), Litecoin (LTC), Ripple (XRP), TRON (TRX) and Tether (USDT).

Bitcasino

 

Established in 2014, Bitcasino, a subsidiary of Coingaming Group, is an established player in online casino industry. The firm offers over 2,800 games, including table games, slots and even real-time dealer casinos via gaming industry’s leaders. The gaming firm’s state-of-the-art platform, unique features and rewards are all created in-house through the use of player feedback to provide an exceptional user experience.

Bitcasino, which leads in providing decent rewards, is the first crypto supporting casino platform to remove welcome offer in exchange for novel, tailor-made Loyalty Club that paves way for players to have better check on their gaming.

Bitcasino also boasts of being the most ethical casino operator processing withdrawal requests within 1.50 minutes, the quickest in the gaming industry. The platform has also deployed advanced safety measures.

In general, gamers need to understand that there are two kinds of casinos. The first one is the conventional online casino accepting cryptos such as Bitcoin (BTC) and Ethereum (ETH) as payments.

To use such online casino platforms, a trader just needs to have adequate funds in their online wallets. However, they are not regarded as 100% crypto casinos as they do not deploy blockchain technology. The second kind of casino offers gambling platform based on blockchain technology, implying that it will not be a centralized platform. Furthermore, such platforms will not have licenses or managers. The blockchain technology and smart contracts will take care of everything.

Carolyn is our legislation expert, with a background in law she is able to cover the current state of gambling around the world