Poker Players Can Use Over 60 Different Cryptocurrencies At Ameri

Posted by Carolyn on Oct 25, 2017 Posted in Online Poker News, Poker Site News, US Poker News | No Comments »

The online poker industry was one of the first industries to embrace Bitcoin – the most popular cryptocurrency. Americas Cardroom which is a popular online poker room started accepting Bitcoins in 2015 and has seen a good number of poker players from all over the world use the Bitcoin option as their method of making deposits and withdrawals.

Since then there have been a number of new cryptocurrencies introduced in the market and Americas Cardroom (ACR) has evolved to embrace the majority of these new cryptocurrencies. The online poker room now accepts over 60 different cryptocurrencies, giving online poker players from around the world multiple options to use their cryptocurrency of choice and play online poker.

Cryptocurrencies Popular With Online Poker Players

There are number of reasons why cryptocurrencies have become so popular with online poker players. Cryptocurrencies like Bitcoin use blockchain technology which provides the user with anonymity, ease of use, strong security and immediate processing. These qualities make cryptocurrencies a very attractive proposition for online poker players as they want to make sure that their personal and financial information is protected at the online poker website, their identity is kept anonymous and they can quickly make deposits and withdrawals with ease.

Bitcoin is without a doubt the most popular cryptocurrency in the world and has grown exponentially in value during the last 2 years. Bitcoin went from being in the $2,000 range to surpassing the $4,000 mark in August 2017 and surpassing the $5,000 mark in October 2017. The exponential growth of Bitcoin has been one of the main reasons why it has become so popular in the last 12 months and is seen as a valuable investment opportunity by many poker players across the world.

ACR Embraces Cryptocurrency Industry

ACR representative Michael Harris stated that the online poker room did not claim to be an expert at cryptocurrencies and did not favour or endorse any cryptocurrency over the other. However ACR had a policy of doing their best to help online poker players enjoy their gaming experience and embracing blockchain technology was one of the important steps in achieving this goal.

There are some online casinos and online poker websites who have been hesitant to embrace cryptocurrencies because of the stance of certain countries and also because there are many financial analysts who believe that Bitcoin is in a bubble which could burst at anytime and state that cryptocurrencies are one of the biggest cons of all time. These online poker websites are concerned that if they start processing cryptocurrency transactions and the bubble bursts, they could be in trouble with gaming regulators and be forced into shutting down operations.

ACR has not adopted this cautious approach and has preferred to take the optimistic view when it comes to the cryptocurrency industry. The online poker website is offering new players a number of exciting signup bonuses and is a good option for poker players who would like to play exclusively with cryptocurrencies. The process to setup a cryptocurrency account with ACR is very simple and can be done in a matter of a few minutes.



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