Anonymity: Using Bitcoin provides an improved level of privacy compared to using fiat currency, since there is no real-world identity attached to a Bitcoin address. In a Bitcoin casino, you usually don’t have to disclose any personal information. There is no need to wait for exhaustive KYC verification, except in certain cases such as huge winnings, but 99% of the users don’t face any trouble.
With regular online casinos (i.e. fiat currency-based casinos), while you may not have to do any KYC verification, you end up providing them with your payment details, which in turn contain all of your personally identifiable information. In Bitcoin casinos, you may fund your online account by buying cryptocurrency at an exchange (e.g. Changelly), or directly in the casino, or even using a credit card if acceptable.
Low Cost: Bitcoin transactions are irreversible, eliminating thus the problem of chargebacks. In most cases, Bitcoin casinos also offer cheaper withdrawal and deposit fees than traditional casinos due to lower payment processing costs.
Provability: The third main benefit of Bitcoin casinos is the option of playing provably fair games. That is a trend that has started with crypto gambling businesses and one that ensures fairness.
Speed: Bitcoin enables global transfers at any time of the day. In fact, many Bitcoin casinos only accept cryptocurrency as payment. It is often not possible to use fiat currencies. Therefore, these platforms are able to provide faster cash outs, deposits, and make for a much more seamless experience. Most cash outs happen within the hour. The transactions are faster than traditional ways of sending money such as bank transfers. You don’t have to wait days for the money to arrive at your bank account.