Trusted and Safe Wallet – Deposit With Cryptocurrency On i8
The use of cryptocurrencies has seen significantly greater adoption ever since its heyday in the late 2000s. From daily transactions, investments to remittances, the crypto industry is set to experience a trend of increased regulation and greater decentralisation in the years to come.
In layman’s terms, cryptocurrency is a digital or virtual currency. Any transaction, whether money in or out, is verified and recorded by a decentralized system – its biggest appeal.
As cryptocurrency adoption continues in the context of online casinos, its usage for making deposits has become more widespread. Fiat currencies get sidelined in favour of the advantages it brings over using a bank to deposit funds into your account.
Advantages of Cryptocurrency Adoption
One of the advantages that entices cryptocurrency adoption is the significantly lower fees you pay compared to other banking methods that syphon your bankroll with transaction fees. Most transactions are free, and those that carry a fee tend to be extremely manageable.
Not only that, cryptocurrency withdrawals happen instantly such that your cash is immediately available to you after the withdrawal is executed, putting an end to the days of long processing times.
But the most important advantage of using cryptocurrencies at online casinos is that this method keeps customers’ personal information safe. Rather than directly supplying your bank details, credit card information, billing address and other information to an online gambling, cryptocurrencies only require you to provide your wallet address—itself being encrypted for additional security.
Therefore, if you are concerned about information falling into the wrong hands, then cryptocurrencies are what you should be using for all of your online casino banking transactions.
There is no doubt that the future lies in cryptocurrencies with all the advantages that it offers, as evidenced by the increased adoption among users across a variety of industries.
The future is dynamic and evolving, and i8 is ever ready to embrace it. We are a platform that strives to be the best in our industry and is tirelessly discovering new ways to improve our offerings and the user experience on our platform.
That said, i8 has also adopted cryptocurrency transactions, so our customers can enjoy more flexibility.
How to Deposit Cryptocurrency Into Your i8 Account
Together we DirePay, a leading online crypto payment gateway, you can now deposit into your i8 account with the Bitcoin (BTC), ETH (Ethereum), and USDT (Tether) cryptocurrencies. DirePay acts as a ‘processor’ that converts digital money to fiat (our “normal” money) currency.