Blockchain, cryptocurrency and gambling

Blockchain, cryptocurrency and gambling

13/05/22

The main advantages of using cryptocurrencies in gambling are the following:

- Transactions are fast, including withdrawals and deposits;
- Transactions are irreversible;
- Transactions tend to have little overhead (no deposit or withdrawal fees);
- Players can maintain their anonymity. This is especially true for users in jurisdictions where gambling is prohibited;
- Your keys are your cryptocurrency. No one will be able to block your wallet.

In addition, blockchain gambling is more transparent than its traditional counterparts. Thanks to blockchain technology, gambling operators have no way to cheat or interfere with results or payouts (unless, of course, smart contracts specify otherwise).

Qchain blockchain has already created a gaming platform that perfectly embraces all the benefits mentioned above.

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