The New Virtual Currencies Revolutionized Online Mines Games on Lucky Cola Casino
Gone are the days when online casinos accepted only fiat currencies. Digital currencies have already been integrated into various spheres of life. The new virtual currencies revolutionized the iGaming industry, allowing casino fans to initiate payments to and from the casino safely and promptly.
The first successful decentralized cryptocurrency, Bitcoin, was introduced in 2009. It quickly gained steam among online casino fans to turn into a preferred payment solution. As time passed by, new cryptocurrencies appeared, each coming with different functionalities. Their price depends on the supply and demand of their market. Unlike conventional currencies, cryptocurrencies are not related to specific countries.
When it comes to the legal status of cryptocurrencies, it is hard to give a straightforward answer as the various jurisdictions took different stances on the matter. However, a growing number of interactive casinos support cryptocurrency payments. Some gambling sites went even further to accept only cryptocurrency payments.