Bitcoin Explained in Easy Terms

Bitcoin Explained in Easy Terms

A breakthrough in the online casino industry!

An increasing number of Jackpot Capital Casino players are choosing Cryptocurrency, in particular Bitcoin, as their preferred method of online casino banking. Our players love to play casino games and use Bitcoin to deposit and especially, to withdraw their winnings!

We know that lots of you might be a bit wary, or even unsure of what Bitcoin is, so read on and see what you might be missing out on!

What is Bitcoin?

Launched in 2009, Bitcoin is the world’s first and largest virtual digital currency - cryptocurrency.

While Bitcoin is many things to many people, it is first and foremost a new form of money with unique properties, when we compare it to the money most people are familiar with today.

Almost everyone in the world uses a traditional government-based currency, controlled by a central banking authority (e.g., US dollars, British pounds, Euros).

Over history, money has taken many forms. We once bartered goods, then used precious metals, moved onto bank notes, paper bills, digital money, and finally decentralized digital currencies like Bitcoin.

That’s it, we are now at the next level of the evolution of money - a bright future of convenient, independent and smart Bitcoin money!

Bitcoin allows casino players anywhere, from the US to China to Europe and everywhere in between, to transfer a cash value equivalent around the clock. You don’t need permission from your bank account or your government. What’s more, no organization has any surveillance or tracking on your transactions, including your online gambling transactions. Finally, freedom!

We say, without doubt, that Bitcoin is the best new money the world has ever seen – an incredible tool for people of all walks of life, across the globe. All that’s needed is an internet connection to buy and use Bitcoin!

Feel Safe & Move Fast

Bitcoin is powered by an open-source code known as blockchain, which creates a shared public history of transactions organized into "blocks" that are "chained" together to prevent any outside tampering.

This technology creates a permanent record of each of your transactions, and it provides a way for every Bitcoin user to operate on an equal footing with the same understanding of who owns what. That’s why you can feel safe and secure to use Bitcoin at Jackpot Capital for all your speedy deposits and profitable withdrawals.

Not only that! Bitcoin is always open for business. If you want to send an important wire or cash a large check, you may need to wait multiple days using your bank. With Bitcoin, the funds are yours with no one in the middle to block access, no matter if it’s Saturday at 2AM or Christmas Day!

There are other Cryptocurrencies out there, such as Ethereum and Litecoin, but Bitcoin is for sure, leader of the pack.

Did you know that over 50% of all Bitcoin transactions are related to online gambling? This is an amazing statistic! It just proves how fantastic Bitcoin is for funding your online gambling bankroll.

So what do your fellow Jackpot Capital players know that you could learn from?

Bitcoin Explained in Easy Terms

Bitcoin Makes Your Gaming Life So Much Easier

You use your bank or credit/debit card to load money onto a special Bitcoin Wallet (more about that in our next article) and then you use that wallet to make purchases or deposit into Jackpot Capital.

The only difference is that when you load the money onto your very own crypto wallet, the wallet will generate a private key code – only for your use and it is vital to keep this private.

Then, you will be able to simply and easily convert your money into Bitcoins, so that you can make your transactions directly into your Jackpot Capital account and start your gaming online entertainment event in style!

Hassle-free Bitcoin casino bankroll deposits and withdrawals mean:

  • Freedom from governmental regulations
  • Fast transactions
  • Unbeaten transaction safety
  • Anonymity
  • Low Bitcoin transaction fees
  • Easy currency conversion
  • Amazing Jackpot Capital Bitcoin bonuses!!!

We think these advantages are so cool. They make Bitcoin the perfect way to fund your gaming entertainment, whenever you want to and from wherever you are located.

And now...there's Lightning Bitcoin (2023 update)

As if "regular Bitcoin" was not the BEST payment method to use at Jackpot Capital, we have now outdone ourselves - with Lightning Bitcoin.

Lightning Bitcoin is above the blockchain mechanism making it virtually instantaneous.  Click the button and BAM your Lightning Bitcoin transaction is done!

Same security, same-same everything but even FASTER!  Read more about Lightning Bitcoin here.

Enjoy your Jackpot Capital Power Play - and now even faster than ever!

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