Why is playing at various offshore poker sites so popular? Many people (both professionals and amateurs) like the challenge of playing against stronger opponents, while enjoying the increased liquidity of playing in different currencies. Why is offshore banking favored by professionals? Simply because playing in multiple currency pairs offers a very intelligent way of increasing your winnings. However, for amateur players, playing at high stakes offshore sites with fake money is perfectly legal… and yet still a challenge to win against stronger opponents.
The main reason why it is legal to play at bitcoin poker sites, despite the fact that they are playing for real cash, is that the website uses its own money in order to encourage payments from players. The websites treat all transactions as if it was sent through a credit card. Every action that you make on the site including deposits, withdrawals, and virtual poker play is converted to a transaction using your private key. Your private key acts as your password on the site, and is only known by the website’s owners and administrators. Therefore, no one except you and those who have access to your password database can see your financial information.
This brings up an important point regarding how many of us do not fully understand the benefits of having our own online bank like coinage. With our own private key, we can create as many wallets as we want and use as much funds in each account as we like. This means that we can have a number of separate accounts that we control, each having a different balance. We can use as much money in one of our accounts as we like, since we have sole access to it. Our privacy is protected and we can utilize as much funds in one account as we like.
One more great benefit of using a top notch internet currency software solution such as coinage or bitpay to facilitate secure, safe, and easy withdraws from and deposits to your bitcoin poker sites account, is the lack of fees associated with it. Both of these top notch companies work hard to ensure that you are not billed a large fee for any outgoing money transfers from your gaming account. As soon as a transfer is made, a notice will be sent through the website’s messenger system letting you know that the transaction has been made. Both of these companies are working diligently to increase their service offerings to their growing clientele, and are both continuously improving their systems. They are also both constantly looking to enhance their customer experience and provide the best customer service available.
If we are going to include our views on how we can increase the security levels of our own personal wallets, then we must mention a couple of noteworthy features that both of these top notch companies offer. Both offer multisignature wallets, which are much more secure than the traditional 2-wallet system that most online poker sites use today. With a multisignature wallet, your money is protected in the event of a loss or theft from your wallet. You will never need to share your password or login information with another person or have your account compromised if you use a top notch internet currency software solution such as bitpay or coinage.
In addition to the above mentioned features, both of these top notch providers work hard to ensure that all of your deposits are 100% secure. When we say “our” deposit, we are referring to the funds deposited into your bitcoin casinos account when you deposit your back. It goes without saying that should you lose access to your deposit, you will need to rely on a different online casino. Both of these highly secure systems work in conjunction with their competitors to make sure that your deposits remain safe and secure. While they do charge a small fee for these additional features, you can be assured that if anything were to happen to your funds that you would have nothing to worry about.