NetBet Adds Bitcoin Support

This story was published more than 7 years ago.

Internet casino NetBet has announced that they've added support for the cryptocurrency Bitcoin, making it the first UK licensed online casino to offer support for the product.

Players can now deposit and withdraw funds from the casino with Bitcoin using the processor BitPay, which is one of the few Bitcoin processors that have been given the okay by UK regulators.

A statement posted by BitPay on the matter read: "This checkout option will allow more NetBet users to get back to playing and placing bets with the peace of mind that their transactions won't expose them to the risk of online payment fraud."

Bitcoin has proven to be extremely popular among punters, as it allows for instant funding and payouts of accounts in ways that other payment processors cannot match. Many regions throughout the world are still trying to figure out how to deal with Bitcoin, and are currently investigating whether or not they should regulate the currency.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
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bgsharpe
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11 November 2016 - 11:20pm
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Great move for NetBet and it's customers of course, Bitcoin really starting to become a powerful currency and I'm glad to see that more and more punters using it because it means faster and cheaper transactions for them, some e-wallets made a fortunes already and we have to stop paying them, the fees are just killing.