Bitcoin Casino On The Blockchain: GreatCasino Review 2020
Welcome to our review of GreatCasino. This bitcoin casino is a true pioneer in the gambling industry. With the ability to make deposits and withdrawals with cryptocurrencies such as Bitcoin and the use of blockchain technology for guaranteed manipulation-free gaming, GreatCasino is revolutionizing the entire industry. In this review, we will clarify exactly what the multi-award-winning provider is and what makes this Bitcoin casino so special. Play your favorite games in the online casino without the risk of being victimized by manipulation. GreatCasino has received multiple awards as an innovative startup and, with its honesty control based on blockchain, reaches a new level for fair gaming. Register now and benefit today from an up to 100% bonus on your first deposit and 30 free spins!
Overview of the advantages and disadvantages
Here we have summarized the advantages and disadvantages of GreatCasino for you. Here are the advantages:
- Fast deposits and withdrawals with cryptocurrencies
- Wide range of classic and popular casino games
- Honesty control using the blockchain
- Trusted and award-winning provider
But GreatCasino also have the disadvantages:
- In certain circumstances, the provider reserves the right to request proof of identification when making payments
Deposits and withdrawals on GreatCasino
GreatCasion supports deposits and withdrawals in Bitcoin, Ethereum and other important cryptocurrencies.
Cryptocurrencies like Bitcoin already offer a whole range of advantages over traditional deposit and withdrawal systems. To list just a few, we would have there.
- Faster deposits and withdrawals
- less fees on deposits and withdrawals
- no location restrictions and freely accessible for people worldwide.
The Bitcoin casino upgrade launched at the end of 2019 also includes the implementation of Fiat payment methods.
In order to enable blockchain-based honesty control, however, all transactions in the casino are carried out in TPLAY and all funds are automatically converted to TPLAY. It is an ERC20 token that is issued by the TruePlay blockchain platform. The price is set against Ethereum: 1 ETH = 1000 TPLAY.
GreatCasino users can deposit and withdraw money in any currency supported by the casino, including Bitcoin, Ethereum and other cryptocurrencies.
A multi-award winning Bitcoin casino
GreatCasino is far from being a newcomer to the Bitcoin and Blockchain casino world. With nieces! Because the provider could already record some interesting prices under its old brand name GreatCasino. These include the two prestigious awards - AGR Operator Awards 2019 and SBC Awards 2019. Both nominations were awarded in the Rising Star category, which recognizes the rapid progress of the Bitcoin casino since it opened in late 2018.
GreatCasino had already made a name for itself as a transparent Bitcoin casino with blockchain technology, the operators decided to take the courageous step. They changed the name and founded a new brand.
At first glance, the train looks risky. According to the team, however, the new name GreatCasino better represents which product and promise are hidden behind the name. Every spin in every game is recorded on the blockchain. This way, players can track all game statistics and be sure that they will receive fair payouts.
And this brings us to our next and very important topic, which also prompted us to fully recommend GreatCasino as a Bitcoin casino.
What makes GreatCasion so special as a Bitcoin casino
GreatCasino is one of the leading Bitcoin & Blockchain casinos in the entire industry. The young company recognized early on that online gambling offers a perfect use case for blockchain technology. This makes GreatCasino an important part of a trend that is already emerging. Blockchain technology and cryptocurrencies such as Bitcoin are increasingly being used in the "digitized" gaming industry.
The advantages of the blockchain are obvious: It guarantees the necessary trust and security in online gambling that everything runs under fair conditions and that players are not disadvantaged by means of non-transparent methods. All processes of the Bitcoin casino, on the other hand, are shown transparently and visible to every player on the blockchain and are beyond any doubt.
As with everything on the Internet where money is in circulation, there is always the threat of cyber crime. This is also the case in the online gambling industry. There is also always the risk that customers are misled by providers through manipulation. This makes it particularly difficult for new companies to establish themselves on the market and build a reputation. Potential players often simply lack the confidence that the games offered are manipulation-free and their money is safe.
A Bitcoin casino guarantees no manipulation
Because GreatCasion not only uses cryptocurrencies like Bitcoin and provides its players with the associated advantages, but also uses blockchain technology, players are safe from any kind of manipulation here. The company based on blockchain technology offers a so-called honesty control. This works as follows: 1. You place a bet that is recorded on the blockchain. 2. Your data is stored anonymously and encrypted. 3. You can check the record of every game result on the blockchain. 4. You can instantly deposit your winnings into your crypto wallet with no commissions or additional checks.
Blockchain-controlled honesty control is the hallmark of GreatCasio. All players can track any of their deposits, bets, winnings and withdrawals in a blockchain explorer. Thanks to blockchain technology, GreatCasion represents a further development of the previous mobile and online gambling. With more security and trust. And the whole thing with obvious success!
Over $ 6.7 million profit distribution in cryptocurrencies
The success of the Bitcoin casino is reflected in the numbers. In less than a year, players won around 3.5 million TPLAY. Bitcoin casino cryptocurrencies TPLAY is the Bitcoin casino's internal crypto token. The price for TPLAY is fixed against Ethereum: 1 ETH corresponds to 1000 TPLAY. GreatCasion players have already won around 35,000 ETH. To date, that's over $ 6.7 million in earnings, which is pretty impressive for a one-year gaming platform. But what we appreciate most is the fact that all winnings and payouts are traceable and verifiable. All transaction data and game statistics from GreatCasion are recorded in the blockchain.
Other great features of the Bitcoin GreatCasino
GreatCasino is integrated into the TruePlay blockchain platform, which offers a ready-to-use solution for transparent gambling. In addition to the honesty check, other great features are possible.
Detectable RTP rates
GreatCasino shows the return-to-player (RTP) percentage of games on the website of the Bitcoin casino. All game statistics (including the total number of bets and winnings in each game) are public and the RTP rates displayed on GreatCasion are fair and verifiable. GreatCasino selection of games than many other Bitcoin casinos Thanks to the TruePlay blockchain solution, GreatCasino offers blockchain-based transparency and security without having to limit yourself to the usual blockchain games, which are often slow and boring. GreatCasino works with the world's leading game providers (Microgaming, BetSoft, iSoftBet, Playson and others) and offers players a wide range of coveted casino games. And all on a blockchain basis.
A conclusion: Fairspin a trustworthy Bitcoin casino
So is GreatCasino a Bitcoin casino that we can heartily recommend to our readers? The answer in this case is easier than ever, because trust is superfluous here. GreatCasino is integrated into the TruePlay blockchain platform, which offers a ready-to-use solution for transparent gambling. The transaction data and game statistics of the Bitcoin casino are recorded on a blockchain, which makes the data immutable. Everyone can track and review all deposits and withdrawals, winnings and losses as well as the casino balance on the Blockchain Explorer. This enables, among other things, the blockchain-based honesty control, which is also the hallmark of the Bitcoin casino. True to the motto: trust is good, but control is better! The anonymity of the players is guaranteed by the data encryption and the possibility to use cryptocurrencies such as Bitcoin for deposits and withdrawals. By expanding the range of games on GreatCasino in cooperation with the world's leading game providers, players are offered a wide range of coveted casino games that go far beyond the often low and slow range of conventional Bitcoin casinos. Another important change for GreatCasino is a new and expanded license from Curaçao eGaming. This license allows Fairspin to enter new markets and expand its global presence. GreatCasino is already available in English, Spanish, German, Portuguese, Russian and Japanese. Other languages will surely follow as they expand.