Cloudbet offers a number of features for reliable crypto gambling

The cryptocurrency has seen a meteoric rise over the past 10 years. Major cryptos, especially Bitcoin, once considered a niche asset only for tech geeks, are now recognized worldwide and widely accepted online.

One niche that has seen a particularly enthusiastic uptake of cryptocurrency is online gambling.

Where previously crypto casinos were well-hidden and known only to the most committed crypto gamblers, major gambling sites like Cloudbet now offer a variety of cryptocurrency options alongside fiat banking methods. Cloudbet also offers a number of features that make it more advantageous than other crypto gambling sites.

Deposit and welcome bonuses

Cloudbet offers all first-time depositors the chance to receive bonus money of up to 5 BTC, a lucrative amount that players will not find at any fiat casino.

Not boosted welcome bonuses for cryptocurrency users as the platform also offers no deposit bonuses for all deposits made on Thursdays, as well as regularly offering zero margin odds on sports betting, ensuring successful punters get the biggest rewards when betting there. There is also a Cloudbet Loyalty Club that rewards gamblers for their continued tradition on the site.

Cash Out feature

Cloudbet’s long awaited Cash Out feature is now available and starts with Single bet. Cash Out is a feature that allows users to lock in the payoffs of previously placed bets before the original bet is settled. Cash Outs at Cloudbet are currently available for Single bets on certain pre-match, live events and markets.

At its core, Cash Out is a new bet that uses the potential winnings of the user’s original bet with the current odds if that bet is now placed. Users can lock their winnings or cut their losses early using this feature. The Cloudbet Offer section lists the events and markets where Cloudbet is currently offering Cash Out functionality to users.

Supercharged Withdrawal Speeds

Using crypto at Cloudbet is a great choice for anyone looking for fast payouts. Withdrawals using more traditional banking options such as debit/credit cards and e-wallets can take a few days to process and a few more days to transfer. Crypto is drastically cut this time around, as gamblers will usually receive their withdrawals within minutes of making a request.

Deposits are also fast when using crypto at Cloudbet, usually taking no more than 10 minutes to add to an account. This slight delay is due to the blockchain technology used to process payments, providing exceptional security of users’ assets. As such, Cloudbet’s deposits take a few minutes longer than other payment options, but the small wait is well worth it thanks to the enhanced security.

Safe and Secure Transactions

Cryptocurrency is known as a reliable and secure way to send and receive money online. Every transaction made at Cloudbet is verified by the blockchain using advanced cryptography, which makes it almost impossible to defraud the system, furthermore the encryption process ensures that data is not stolen or altered. Add that to Cloudbet’s own security features and a waterproof combination is created.

It is also the case when cryptocurrency is extremely special. When using crypto to deposit at Cloudbet, players do not need to enter banking details, as the transaction is initiated from the gambler’s crypto wallet. To withdraw using crypto at Cloudbet, the only details required are the amount to be withdrawn and the address of the wallet that receives the funds.

Widely Accepted Online

Crypto casinos were once rare. They’ve been lurking in the shadows for some time now, as gamblers flock to fiat casinos instead. However, this is no longer the case as crypto casinos have become mainstream. There are several big name casinos now, but cloud betting it was one of the first and still runs the crypto casino industry.

Not only has crypto become more common, but the different types of crypto accepted have grown tremendously in recent years. Cloudbet not only accepts Bitcoin, it also accepts various other cryptocurrencies including Ethereum, Bitcoin Cash, Litecoin, Dogecoin, Dash and more. Essentially, if a gambler has a cryptocurrency of their choice, he or she will find an online casino that accepts it.

Minimum Wages

Finally, gamblers will find that only small fees are paid when depositing and withdrawing funds using cryptocurrency. Users will pay a small sum to use the cryptocurrency, but this will often be insignificant compared to the prices charged by most other payment options. For example, PayPal users will typically pay more than 3% for money withdrawn using the method.

However, it is very important to check that a crypto casino does not charge fees – some do and these can take a sizable chunk of your deposit or withdrawal. Cloudbet does not charge fees for withdrawals, making it a logical choice for anyone who wants to bet online with cryptocurrency.

Reliable services and top-notch security along with the many features offered by Cloudbet guarantee a smooth and convenient online crypto gambling experience for its users.

To learn more about the platform, visit the official. Web site.

Disclaimer: This is a paid post and should not be considered news/advice.

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