The number 1 reason why so many people join Bitcoin’s network is that this cryptocurrency allows them to make massive profits in a short period. Millions of people are registered and trade with this cryptocurrency every day.
Some statistics have even shown that thanks to Bitcoin, over 100,000 people around the world managed to become millionaires. But, this article will be about something else. We are going to take a look at how you can use Bitcoin for the most pleasant gaming experience. Many gaming platforms accept it as a payment method, and we are going to take a look at some of them.
Table of Contents
Buying an Xbox
First off, we are going to start with one of the best game consoles in the world. Xbox is the property of Microsoft. This company has been one of the earliest advocates of Bitcoin and started accepting it as a payment method a long time ago. Thanks to that fact, you can purchase an Xbox using this cryptocurrency. Not only that, but you can use Bitcoin to buy many more products and services from this tech conglomerate.
Steam has the biggest gaming platform and gives access to thousands of games that not only users can play but also stream through this platform. In 2003 this platform was made live and was the early bird to support bitcoin as bitcoin was also started in 2002. Now it has a bigger influence on the gaming industry, and via streaming and accessing games through this platform, you can earn money like many others are doing.
Gaming industry is now accepting Bitcoin as payment
The largest PC gaming distribution was considered Steam, and since 2016 they are processing bitcoin payments by BitPay. According to the report given by BitPay, Valve approached Bitpay for seeking payment for the players who are living in less accessible areas of the world. With this, Valve Corporation and Steam both became the biggest Digital platform to accept Bitcoin as payment in the gaming industry.
Next up, we have the most popular online gaming platforms these days. Online casinos have managed to become extremely popular in the past couple of years due to the fact that they have tons of advantages over land-based casinos.
Not only that, but after you register at these sites, you will gain access to hundreds of quality games by some of the world’s best providers. Their security is impeccable, which means that you will be safe. Many online casinos accept Bitcoin as a payment method because this cryptocurrency is fully optimized for online use. Additionally, some online casinos have special Bitcoin games that can only be accessed by making a deposit with Bitcoin.
The only thing that you need to remember is to play for entertainment purposes only when visiting these sites. After all, the idea is to have fun, which is why you should only place small wagers. If you are into playing with higher stakes, then we would advise you to turn your attention elsewhere.
For example, you can sell your Bitcoins at reputable trading sites like YuanPayGroup. This trading platform even uses advanced AI systems that analyze the market and determine Bitcoin’s future fluctuations, thus increasing your chances of making a good profit. Instead of risking high amounts, you can invest them into these trading sites and make a substantial profit.
Platforms that Accept Bitcoin Payments for Games
There are many other platforms that accept Bitcoin payments for games. Some of the sites that deserve mention are Joltfun, Bitrefill, GamesPlanet, and Moon. What’s even more interesting is that some games will actually allow you to earn this cryptocurrency. Such games are Huntercoin, Splinterlands, Storm, Sweatcoin, and Worldopo.
Is it necessary to use bitcoin to pay for games?
Bitcoin has grown its network, and now millions of people are using it as regular payment methods, which gives lots of advantages to its users. Cryptocurrency has grown its own advantage, and now people trust it because of the security it provides to its users. The payment is made instantly and flawlessly with a much higher security level which is almost impossible to breach. Bitcoin also allows keeping payment private as no banks are included, so it is safe to keep the transaction knowledge to yourself only. Due to the zero involvement of outsider banks, there’s no payment or processing fee involved, which also benefits its users. That is why people find it safe and easy to use bitcoin to pay for games.
Privacy in using Bitcoin as payment in games
Bitcoin provides the best security because every time a bitcoin is created, the difficulty level increases by one level, so it is impossible to hack or crack any bitcoin of the users. When you make payment of games through it, the transfer is faster and more secure because there is no third-party involvement in between, which makes it quick and more secure. The socially paying for games by bitcoin is covering a good market, and big gaming companies like Valve and steam use bitcoin at a higher level for payment. Sit back and relax because bitcoin will take cover for your money safety. It is safe and secure to use bitcoin to buy or pay for gaming.
Other Places Where You Can Use Bitcoin as A Payment Method
It is worth mentioning that there are tons of other businesses that accept Bitcoin as a payment method. Many of them are even global brands. Some of them include Starbucks, Expedia, Overstock, Shopify, Whole Foods, and Wikipedia.
All of them are well-aware of the fact that Bitcoin has tons of advantages over regular payment methods, which is why they decided to trade with it. The last company that joined the bandwagon is Tesla. They made a $1.5 billion investment back in February, and not only did they integrate this cryptocurrency into their system, but they also managed to make a profit out of it.
It was reported that Tesla earned as much as $1 billion.