Bitcoin and Neteller Break New Grounds In the Gambling Industry

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neteller logoRight from the second the crypto currency Bitcoin was presented to online players all around the world it started to attract huge attention. Bitcoin offers a way of fast and safe money transactions which are anonymous and untraceable.

The many pros of using Bitcoin as a preferred currency on the Internet made it extremely popular among gamblers who recognised its potential. The Bitcoin itself is a very important innovation for the online gambling market and now it can be more widely used thanks to the recent happenings.

Neteller, one of the world’s most used online payment providers, included Bitcoin as a possible payment method for funding Neteller digital wallets. The news was received with huge approval of Bitcoin fans that are now able to use their Bitcoins at much more online destinations.

A Step Closer To Conquering the World

The decision Neteller has made is very important for the crypto currency because it makes the Bitcoin a step closer to conquering the Internet and the world as well.

There have been many discussions whether the Bitcoin is really that good as it is presented by its fans or it is simply overrated. The limited use of the Bitcoin made it good only for playing at Bitcoin gambling sites or purchasing products at a small number of Bitcoin friendly online shops.

However, being able to use Bitcoin for topping up Neteller, a widely accepted e-wallet, opens the doors for the currency to be used for almost everything. Online gamblers, for example, can now make a deposit with Bitcoin at Neteller and then use the funds to play at any online casino which accepts this deposit method.

If many Bitcoin casinos decide to embrace Neteller as a possible payment option, the advantages will be numerous. Bitcoin gamblers will have the opportunity to use a single deposit method for many actions such as playing at Bitcoin gambling sites and playing at online casinos as well as online shopping.

Plus, all of this is possible for a 0% transaction fee. Therefore, the chance to transfer Bitcoins to a Neteller wallet will cost players nothing. Hence, the final result is being able to make fast, safe and free of charge transactions using a service that is accepted at a countless number of online destinations.

Optimal Payments Continues to Make Bold Moves

Optimal Payments, the company that stands behind Neteller, obviously has plans to strengthen its position in the world market and this move is seen as another proof of those plans. The news of adding Bitcoin as a deposit method at Neteller comes just a few days after the company announced it will take over its main rival Skrill for $1.2 billion.

Besides the Neteller e-wallet, Optimal Payment also owns the prepaid voucher Ukash and with the control over Skrill it will also gain control over Skrill’s prepaid card Paysafecard.

All of these information make online players wonder whether the Bitcoin is going to be accepted by the other soon to be Optimal Payment products. If that happens, the use of Bitcoin would really become much easier and the popularity as well as the reputation of the currency will certainly grow.

Another important aspect of Optimal Payments and its acceptance of Bitcoin is the company’s intentions to expand in the US market. Its first move was made last year when Optimal Payments bought California based Meritus Payment Solutions and currently customers in certain states can use Neteller services.

At the moment, US players are not able to make Bitcoin deposits on their Neteller accounts. Nevertheless, it is not excluded that the option will be made available to them in the near future. That would be a revolutionary step which will make online gambling a lot easier to gamblers located in the United States.

Bright Future Ahead

In conclusion, Neteller’s adding Bitcoin as a possible payment method is a sign of bright future for the crypto currency. If one of the top digital wallets decided to make this move, then it can be expected others to follow and hence make it possible to Bitcoin fans to use their coins almost everywhere.

It is still uncertain what lays ahead for US customers; nevertheless, the recent events certainly set high hopes that US players will soon get an easier access to online gambling destinations. Therefore, all that is left to do is celebrate this new win of the Bitcoin and wait to see what the next good news connected to the digital currency are going to be.

March 29, 2015: • No Comments

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