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Trusted Bitcoin Casinos in Switzerland

Published at: 08.11.2023

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What is Bitcoin?

Bitcoin is a digital cryptocurrency created using a decentralized, distributed network of computers. It can be regarded as an entirely digital form of money and exchanged directly between users from one wallet to another without the need for an intermediary such as a bank. It is an especially efficient and secure way for making online payments, especially in the online gambling sector.

Is Bitcoin legal in Switzerland?

Yes, Bitcoin is a legal form of currency accepted in Switzerland. It is accepted by many licensed stores and businesses in the country, making it a widely credible payment option. Not only is Bitcoin legal in Switzerland, it is also a very popular form of payment for online casino transactions.

How do I get Bitcoins to use for online casino gaming in Switzerland?

Before you can use Bitcoin for your online casino gaming, you need to acquire some Bitcoins. This can be done through a variety of different methods. Popular methods of getting Bitcoin in Switzerland include buying them from a digital currency exchange or purchasing them from someone who is willing to sell them.

Where can I receive my Bitcoin winnings from an online casino in Switzerland?

Online casino operators are capable of facilitating Bitcoin withdrawals for players located in Switzerland. In order to receive your winnings, you will need to provide your Bitcoin wallet address. The payment will be processed almost immediately and the funds will be available on your wallet.

Is Bitcoin secure when used for online casino payments?

Yes, Bitcoin is one of the most secure payment methods available for online casino transactions. Every Bitcoin transaction is encrypted and requires approval from both parties involved. This ensures that all Bitcoin payments are safe and secure. Furthermore, Bitcoin is an anonymous payment method and none of your personal or banking information is revealed as part of the transaction.

Does using Bitcoin come with fees?

The good news is that most online casinos offer free Bitcoin deposits and withdrawals. However, there may be a small fee when initiating the transaction, which is imposed by the Bitcoin network. However, this fee is much lower than traditional banking methods.

How long will Bitcoin withdrawals take?

Withdrawals from online casinos using Bitcoin are much faster than traditional banking methods, usually taking no more than 12 hours. This is significantly faster than the processing times of days or even weeks associated with traditional banking methods.