Vera John Casino, First Regulated Casino to Accept Bitcoin

Vera&John Casino pioneers Bitcoin payments alternative

March 10, 2015

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Vera John Casino, one of the leading and largest online casinos in the world, has become the first licensed and regulated Internet casino to accept Bitcoin deposits. Vera John Casino makes this pioneering move after a two-month project with Bitcoin.

Bitcoin is a digital currency that allows people to deposit and withdraw money without the delays and fees associated with classic bank transactions. As a decentralised currency, Bitcoin is handled by a peer-to-peer network. Currently, there are 12.28 million Bitcoins on the market and the stock value recorded this week was more than $12 billion.

Some online casinos already use Bitcoin transactions as the basis for bets, but Vera John Casino will now allow players to pay with the digital currency for games already presented on its website. The online casino will not hold Bitcoins and thus would not experience any risks in the Bitcoin marketplace.

This online gamblig site has recently made the announcement, and deposits with Bitcoins are automatically converted into Euros with real-time exchange rates. In this context, players making deposits with Bitcoins will only be permitted to withdraw those same deposits in this online currency.

Vera John Casino’s spokesperson said: “One of our key company values is innovation and that is why we are very proud to be the first regulated and licensed online casino to offer Bitcoin to our customers.”

Vera John Casino features more than 200 slot game and recently they had a big winner (Luke from Australia) on NetEnt’s Secret of the Stones video slot. Luke won almost €23,000 after hitting the Free Spins feature on the first spin and got to choose four Stones.

Give a try to the amazing Vera John Casino!