Trusted Bitcoin Casinos in Norway
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FAQ's
What is Bitcoin?
Bitcoin is a form of digital currency that is not controlled or governed by any country government or central bank. It is decentralized, meaning it is not tied to any particular country, and can be traded quickly and securely with minimal fees. Bitcoin works as a peer-to-peer network, meaning it is powered by its users instead of a single entity.
Is Bitcoin safe and legal to use?
Yes. Bitcoin is a legal form of currency in most countries, including Norway. Additionally, Bitcoin's decentralized nature grants extra security and privacy, as it is not tied to a centralized authority. As with any form of payment, however, users should still exercise caution when making transactions with Bitcoin.
How does Bitcoin work?
Bitcoin transactions are protected and processed through a secure public ledger, known as the blockchain. This ledger is maintained by computers that run the Bitcoin software around the world. When someone sends Bitcoin, the transaction is processed through the blockchain, allowing it to be securely confirmed and the new balance to be updated within the ledger.
Which online casinos accept Bitcoin payment?
At the moment, many online casinos in Norway are beginning to accept Bitcoin payment. All you need to do is select Bitcoin as your chosen payment method when depositing funds into your online casino account.
How quickly can I deposit funds into my casino account with Bitcoin?
Depositing funds into your online casino account using Bitcoin is usually much faster than other payment methods. Once your Bitcoin wallet is set up, you can deposit funds into your casino account within a few minutes.
How do I get Bitcoin?
To get Bitcoin, you can purchase it from a trusted exchange or from a specialized Bitcoin ATM. It is best to double-check your country's regulations if you want to purchase Bitcoin legally.
Are there any fees involved in using Bitcoin?
The fees associated with using Bitcoin can vary depending on the platform. Usually, the fee will be between 0.1-0.2% of the amount you send or receive; however, some platforms can charge a bit more.
Is using Bitcoin for gambling secure?
Yes. As the Bitcoin network runs on a secure blockchain, your gambling transactions are safe, fast, and secure.