WHY YOU NEED CRYPTOCURRENCIES?
This is a new generation of online payments. Fast transactions with low fees can be sent anywhere in the world. Understanding all cryptocurrency concepts may seem a bit difficult at first, but the level of convenience makes it worth the effort.
SECURITY AND MONEY THAT IS ALWAYS TRACEABLE
All cryptocurrency transactions are based on blockchain technology. A blockchain works like an open ledger where anyone can view the entire transaction history but cannot modify it. Blockchain technology is becoming increasingly popular due to its high level of security. Governments in many countries already use it for various purposes.
PROTECTION OF YOUR DATA
You can start using cryptocurrencies without providing your personal information to anyone. Some crypto exchanges may require you to complete the KYC (Know Your Client) procedure, but this usually applies only when buying or selling large amounts. KYC terms are always listed in their FAQ – you can choose the exchange that suits you best.
LOW FEES
You only need to pay a small network fee to confirm your transaction. If needed, you can speed up the process by paying an additional fee.
INTERNATIONAL TRANSACTIONS
Cryptocurrency is one of the most efficient ways to send money to someone in another country. The transaction is usually completed within an hour, depending on the load of the cryptocurrency network. This is much faster compared to international bank transfers, which can take more than a week.
DECENTRALIZATION
Cryptocurrency is an open-source product supported by a large community of enthusiasts who contribute to its development and improvement. There is no single owner of a cryptocurrency blockchain network, which means no one can block your account or wallet.
HOW TO PLAY ON JOKABET WITH CRYPTOCURRENCIES?
CHOOSE YOUR WALLET
First, you need to decide where you will store your cryptocurrency. There are several options available: online wallets, hardware wallets (cold wallets), or storing funds in your wallet on a cryptocurrency exchange.
The most widely used online wallets include Blockchain.com, Exodus, and Mycelium. The most popular cold wallets are Trezor and Ledger.
BUY CRYPTOCURRENCY
There are two main categories of cryptocurrency exchanges. The first category includes standard exchanges such as Binance, Huobi, Coinbase, Kraken, etc.
The second category consists of p2p exchanges, where you buy or sell cryptocurrencies directly with another person, for example LocalBitcoins.com.
MAKE A DEPOSIT AND ENJOY THE GAMES
After purchasing cryptocurrencies, you can deposit them into your Jokabet account and start playing games.
Alternatively, you can use cryptocurrency as an investment tool. It is a well-known option that continues to grow rapidly.
Our casino also supports other cryptocurrencies. You can make deposits using Ethereum, XPR, Litecoin, and Bitcoin Cash.
