Bitcoin.com Promotes Own Safe Wallet

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As Bitcoin is breaking new record highs of $7,600 and more financial gains are expected to arise from the SegWit2x blockchain split, keeping your cryptocurrency safe and sound becomes even more important. That’s why BTC resource site and gaming operator, Bitcoin.com, is promoting wallet safety this month, advising their users to increase the security of their crypto-coins through the site’s BTC-wallet innovation. And for those who want to enjoy some classic BTC gambling, Bitcoin.com also offers a new casino platform.

Keep Your BTC Locked Away Safely

More than just a Bitcoin casino, Bitcoin.com is your hub for everything related to the cryptocurrency, from news about blockchain technology innovations to legal updates, guides on buying Bitcoin, storage solutions, and much more.  For those that aren’t planning to spend big money on hardware wallets, the BTC-hub recently issued a statement promoting its own BTC-wallet service, which offers users additional protection through private keys and wallet backups.

Bitcoin.com’s wallet is available as an app for any smartphone or computer OS, including Windows, iOS, Android, OSx and Linux. The app’s security reinforcement comes in the form of a private key that authorizes any Bitcoin transaction you make through the wallet. And as you set up each private vault, you will also be asked to create a backup and receive a 12 word passphrase that can be used to open your wallet and retrieve your Bitcoins should your devices get stolen, or damaged.

Thus far, there have been nearly 500,000 wallets created by users and that number is expected to keep growing. Apart from giving you the option to store your Bitcoins, the wallet can also be used to make mBTC or BTC purchases, although you might get different fees from what you’re accustomed to.

In the statement, the site also warns Bitcoin holders to “assume that hackers or corrupt insiders are always plotting to steal your crypto-investments”.  This is why they stress the importance of safe-guarding your private keys and passphrases, by storing them in secure places like bank deposit boxes, vaults, or private secret locations.

New Gaming Site Available

Bitcoin.com used to offer Bitcoin gamblers a regular casino where you could find over 1,000 Games from leading software providers in the BTC-casino scene like NetEnt, Microgaming, and SoftSwiss, but has since scrapped that platform and swapped it with a classic Bitcoin gambling site in the likes of Satoshi Dice.

Namely, the site now offers a new gaming section called Games, which is a provably-fair, anonymous, and instant-registration platform with classic casino games like Blackjack, Roulette, Video Poker and Slots. According to the available information, the games are expected to have at least a 99% RTP (Return to Player), with even slots games holding a low house edge of 1%.

As you might expect, the new casino has no formal registration procedure but instantly gives you an account number as you visit the platform. That number could be saved and later used to return to your balance, and you can also just create a new one whenever you want. As for the deposits and withdrawals, they are instant just like in the old casino. If you’re interested in checking out the new and revamped game offer, or finding out more information about the new games, you can use this link to visit Bitcoin.com casino.

November 8, 2017: • No Comments

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