4.4 PROBLEM TWO

Traditional banks may confiscate or block transactions from gambling websites. In other cases, players might have to wait days to receive their winnings by check or wire transfer. Furthermore, the available methods are costly and involve additional fees and commissions caused by an insufficient level of globalization of the financial system of small international payments. Last but not least, the allowed amount for a first deposit might be limited and the transaction might fail due to unknown reasons.

SOLUTION

BITBET PREMIER uses different cryptocurrencies along with BITBET tokens allowing players to place their bet swiftly and easily. BITBET offers swift transactions by using cryptocurrency technology which respects player’s privacy. The winnings cannot be blocked or confiscated by any third party. Furthermore, there is no limit to the betting amounts placed and the chances for a failed transaction are very low compared to traditional bank deposits. With cryptocurrencies, fraud attempts through chargebacks - a huge issue casino operators have been struggling with for years - are a thing of the past.