In today’s digital age, cryptocurrency has become more than just a hot topic; it has turned into a feasible currency option. For many people, cryptocurrencies are seen as an investment, but their use is continually expanding into various sectors, and online casinos are not left out. One such platform is BitStarz, a crypto-based online casino renowned for its expansive selection of games and payment flexibility. However, the question often posed by many potential users is: Is BitStarz real money? This article seeks to provide a comprehensive answer to that.
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What is BitStarz?
BitStarz is a popular online casino that has been around since 2014. Operated by Direx N.V., a well-established company in the online gaming industry, BitStarz is licensed by the government of Curacao, offering a secure and fair gaming experience to its users.
BitStarz differentiates itself by being one of the pioneers in accepting both cryptocurrencies and traditional currency (fiat). This provides players with a unique level of flexibility and accessibility, allowing them to enjoy a variety of games, including slots, poker, blackjack, and live casino options, to mention a few.
BitStarz and Cryptocurrency: A Perfect Match
The significant edge BitStarz has over traditional online casinos is its acceptance of multiple cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Dogecoin (DOGE). However, understanding the concept of cryptocurrency does not immediately clarify the question: Is BitStarz real money?
Cryptocurrency, such as Bitcoin, is a digital or virtual currency that uses cryptography for security. Although it exists only in a digital format, it carries real-world value. As such, when you play with cryptocurrency at BitStarz, you are indeed playing with real money – albeit in a different form.
Converting Cryptocurrency to Traditional Currency
BitStarz’s flexibility extends to more than just the currencies you can use to play. Should you win while playing with cryptocurrency, BitStarz also offers a seamless way to convert your winnings into traditional currency. This capability is a game-changer as it allows players to cash out their winnings in a form that can be easily spent in the “physical” world.
Can You Trust BitStarz with Your Money?
Now, having established that BitStarz indeed deals with real money, it’s vital to discuss whether you can trust this platform with your funds.
BitStarz has proven itself reliable and trustworthy over the years. It’s not just the license from the government of Curacao that attests to its legitimacy; BitStarz also adheres to Provably Fair gaming practices. Provably Fair is a blockchain-based technology that ensures the fairness of the games. It provides transparent and verifiable randomness in game results, boosting player confidence.
In terms of security, BitStarz uses SSL (Secure Socket Layer) encryption to ensure the safety of the players’ personal and financial data. Plus, it has an excellent reputation for prompt payouts and customer support.
Conclusion
So, is BitStarz real money? The answer is a resounding yes. While it may not fit the traditional perception of money, cryptocurrency at BitStarz holds real value, offering an exciting and secure way to enjoy online gaming. With the added ability to convert cryptocurrency into traditional currency, BitStarz bridges the gap between the digital and the physical world, ensuring players can fully enjoy the fruits of their winnings.
FAQs
Can I play at BitStarz if I don’t own cryptocurrency?
Absolutely! BitStarz offers flexibility by accepting both cryptocurrency and traditional currency. This means you can play using Euros, US Dollars, Canadian Dollars, Australian Dollars, Japanese Yen, and even Russian Rubles.
How quickly can I withdraw my winnings from BitStarz?
BitStarz is known for its speedy withdrawal process. In many cases, cryptocurrency withdrawals are processed instantly. However, withdrawals in traditional currency can take anywhere from 1-5 business days, depending on the payment method.
Is BitStarz licensed?
Yes, BitStarz is licensed by the government of Curacao. This licensure serves as proof of its adherence to the industry standards and rules for online casinos, providing a fair and secure gaming experience.
