Casinos that accept Cubits have an eye on security and ease of banking. What do you know about Cubits? We checked it out and have the key details you should know.
It All Starts With Bitcoin
Cubits all starts with Bitcoin. If you're not familiar with Bitcoin it's a cryptocurrency that doesn't rely on a bank, any key person who is in control, or a mint that prints it up for your use. Bitcoin is completely virtual, and it uses a peer-to-peer network.
Bitcoin transactions go through a fast and very detailed security check. When a transaction is requested, it goes into a public ledger called a blockchain. People around the world can become miners by verifying transactions, grouping them into a block, labeling it, and using special software to solve math problems as proof of work. This and eliminate the risk of a hack. When done correctly, the miner receives a Bitcoin reward.
Wallets Store the Bitcoin You Buy or Receive
You might sell an item or service and get Bitcoin as payment. You might need a wallet to store Bitcoin you'll purchase to use in your favorite casino. That's where Cubits comes in. Cubits wallet is a safe place to buy and store Bitcoin. You buy it using a method like a bank transfer, Skrill, or Sofort.
While Bitcoin is already safe, Cubits adds additional layers of protection. First, the wallets are stored offline in a secure facility. They're not online, so it's hard for a breach to occur. Second, multiple steps are required to complete a transaction. The multi-signature process makes it safer for everyone.
How Do You Get Started
Before you go to a Cubits-friendly casino, go to Cubits. Create an account by entering your email, name, and password. Wait for the email to arrive and click the verification link. You're done and can add Bitcoin to your wallet using whatever method is available in your area. Cubits is not available in some countries, such as the U.S., so make sure you check the list to see if you're eligible to create an account.
Once you have Bitcoin in your Cubits wallet, head to a casino that accepts Cubits. Deposit funds by choosing Cubits as your deposit method. When you win money playing casino games, you can send your winnings to your Cubits wallet.
Find Casinos That Accept Cubits
The last step is to find casinos that take Cubits. The number is growing. If your favorite casino does not accept Cubits, keep checking back. You could also message customer service to ask. Sometimes, casinos add payment methods when members request them. For Cubits' casinos that are already set up, check the promotions, deposit funds, and start playing.
