Disclaimer: The text below is a press release that was not written by Cryptonews.com. When cryptocurrencies first appeared, people were skeptical as they were unfamiliar with the way they worked. But, not too long after, crypto took the world by storm and made its way into almost every industry, especially online gambling, where players are always searching for safe ways to make payments to their accounts. Thanks to their functionality, ease of use, top-notch secure technology, more and more gamblers are choosing cryptocurrencies over fiat money. Over time, a myriad of cryptocurrencies have appeared, but not all of them are worth trying out. Therefore, we have decided to choose the best cryptocurrencies you can use in online gambling without worrying about the safety of your info and money. Bitcoin has been in the game since the beginning, and that’s why it’s one of the most popular options when it comes to crypto payments. Even though the competition is heating up, and new cryptocurrencies are continually appearing, Bitcoin still manages to stay in the first place as the most common crypto payment option. Initially released in 2018, EOS crypto is one of the newest additions to the cryptocurrency world, and it has quickly risen to the top of the ladder thanks to free transactions, speedy payments, and state-of-the-art security measures. Safety has always been players’ top priority, but platforms that support EOS payments come with additional security, as EOS is thought to be among the safest crypto technologies available today. Since it’s a new payment option, you can read this intro to EOS crypto, to make yourself familiar with its benefits. Similar to EOS, Ethereum is another blockchain-based crypto coin that uses smart contracts. That makes it impossible for third parties to get involved and makes every transaction perfectly safe. Thanks to the advanced technology, many players opt for this type of altcoin when they are making deposits and withdrawals in online gambling platforms. Dogecoin stands out with its design because its symbol is a Shiba Inu dog. Even though no one was taking this crypto coin seriously in the beginning, it quickly became a full-fledged cryptocurrency platform with millions of users worldwide. Today, most online casinos that support digital coins include Dogecoin in their offer. Usually referred to as the Bitcoin twin, Litecoin is an autonomous and decentralized currency that uses a more complex algorithm that allows it to process transactions faster than Bitcoin. Thanks to its speed, punters and casino players often choose Litecoin as their favorite payment option. The blockchain technology is always changing, adding new features and improving its performance. The online gambling industry and its users benefit from the use of cryptocurrencies, and here’s why:

All data is taken from the source: http://cryptonews.com
Article Link: https://cryptonews.com/news/guide-to-the-best-cryptocurrencies-used-in-online-gambling-7537.htm

#crypto #newsone #newstodayfox #bbcnewsworld #newsworldtoday #bbcnewstoday #

James is a wealth of information, we asked him about Australia’s gambling industry and how different it is to gamble using Bitcoin. His response is quite relevant given the wide range of industries that have been hacked prior to and since this interview. Servers that store data are ‘honey pots’, there’s a market for personal details, and it’s a major point of difference with bitcoin which is decentralised.

James is also a linguist, therefore quite natural for him to speak in terms of ‘bankers’ or ‘government’ money. Using those distinctions makes it clear how bitcoin is a choice, different in that people are not forced to use it.

At time of interview $5AUD was $4.7455US, currencies ARE a gamble, many people trade them as they lose/gain value in reaction to decisions governments make. And yes, bitcoin IS volatile 🙂

EDIT: Bitcoin Betting Guide is now known as https://www.bitedge.co – James can be contacted thru the site, book him for a conference 🙂

How is blockchain going to transform the gambling industry?
Learn how this technology will enable Increased fairness and trust, up the game against fraudsters and innovate through decentralized gaming and smart betting.

Join us next week for a deeper dive into this topic! Don’t forget to subscribe.

– ABOUT ALEX LIGHTMAN –

Alex Lightman is an award-winning writer, entrepreneur, educator, and government policy advisor.

Lightman has been a contractor for over 30 parts of the US federal government including the US Senate, the White House, Department of Transportation, DoD, Defense Information Systems Agency, and the Institute for Defense Analyses, as well as NATO, and United Nations. In January and March 2020, he provided briefings to dozens of members of the European Parliament and European Commission.

An advisor to dozens of crypto projects and authored 17 crypto white papers with and for leaders in the crypto community; Lightman has delivered over 50 crypto keynotes in dozens of countries and published 35 articles on crypto as well as authoring Kingsland School of Blockchain Executive Course.

MIT graduate of MIT’s Sloan School of Management and Harvard’s Kennedy School of Government.
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Mary Ann Russon, BBC Reporter will moderate a panel covering regulation and compliance of bitcoin and cryptocurrencies for the gaming and forex industry. This will be on October 9, 2017 at the ASROC Conference in London.

To see another speaker video, visit:

To find out more, visit: http://asroc.com

Faireum a public blockchain to resolve the problems of the online gambling industry
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Breaking U.S. Market News, Forex and Cryptocurrency Steve Rich FX TVClose