Bitcoin Casino Blog
Experience fast and secure betting when you use Polygon (MATIC) at Bitcasino, the first crypto casino in the industry. Polygon is the preferred option for casino betting because of its impressive reputation and groundbreaking features.
Enjoy quick transactions with low fees and experience limitless gaming with MATIC today. Learn all about Polygon cryptocurrency and discover how to use it for deposits and withdrawals at Bitcasino, the best Polygon casino in the industry.
Polygon is a crypto launched under the name MATIC network in 2017. It operates under the Ethereum blockchain and connects Ethereum-based projects. Also, it is a ‘Layer 2’ scaling solution, providing flexibility, scalability, and sovereignty of a blockchain project.
It means that when you use MATIC, you can experience faster transactions and lower costs without compromising on the security and structural benefits of the Ethereum blockchain.
MATIC, Polygon’s native crypto, is an ERC-20 token. It means that MATIC is compatible with other Ethereum-based digital currencies. You can use MATIC cryptocurrency to pay fees, stake, and buy and sell in crypto exchanges.
The Polygon MATIC crypto started in India in 2017 when data scientist Jaynti Kanani. The goal was to resolve the problems found on the Ethereum blockchain. This includes Ethereum’s long processing intervals and high gas fees, largely caused by the excessive activity in the network.
Before it became Polygon, its name was Matic. The crypto underwent a rebranding and shift in vision on February 9, 2021. As a result, they changed their name to Polygon, while their native currency is still called MATIC.
At the time of writing, it ranks 15th among cryptos with a price of $0.807062. MATIC currently has a circulating supply of 9,603,191,100 and a max supply of 10,000,000,000 tokens. It reached its all-time high price in December 2021 at $2.92, 77% down from its current price.
Polygon offers various benefits when you use it for gaming purposes. This includes low fees, anonymous betting, and a fast transaction process. Learn more about the benefits of gambling MATIC below.
Skip the complications of dealing with government-regulated banks and the paperwork involved in transferring money by considering using crypto payments instead. This is where MATIC changes the game, as the inherent characteristics of blockchain technology ensure your anonymity. It means your crypto transactions remain confidential and inaccessible to third-party intermediaries.
The decentralised nature of MATIC ensures that you have full control over your funds. It means no central authority or third-party intermediaries restrict your transactions. As a result, you can deposit and withdraw MATIC from your casino account without complications.
Another benefit to using MATIC is the low transaction fees. Decentralisation means there are no third-party fees when you make a deposit or withdrawal, significantly reducing the amount you must pay in every transaction.
At the time of writing, the average cost per transaction with MATIC is around $0.015.
Rest assured that when you use MATIC for gaming, your transactions and personal details are safe. Again, this is because blockchain technology guarantees that every transaction is immutable.
Blockchain operates on a decentralised and distributed network of nodes (computers) that maintain copies of the entire blockchain. It means no single authority controls it. If someone tries to change a transaction on their blockchain version, other computers in the network can reject the change.
Use MATIC to deposit and withdraw your funds in just a few seconds. MATIC boasts up to 65,000 transactions per second. Also, it has a block confirmation time of less than two seconds.
As one of the top 15 cryptos worldwide, you can use MATIC as a payment method at Bitcasino. The many benefits of using MATIC, such as low fees, anonymous betting and faster payouts, have made it a popular payment option among punters.
Before using MATIC for casino gaming, use a trusted crypto wallet to safeguard your funds. Here are the best MATIC wallets to store your tokens securely:
If you want a browser or software wallet, go for MetaMask. This Ethereum wallet is one of the most widely adopted and trusted wallets due to its secure storage system extending to its blockchain networks, including Polygon.
You can manage your tokens immediately with MetaMask, compatible with major browsers like Chrome, Safari and Firefox. It has advanced security measures to keep your coins inaccessible to hackers.
If you’re a beginner, rest assured that you can manage your coins easily with MetaMask’s user-friendly and intuitive interface. You can also use it on any device, such as your PC, smartphone or tablet.
Trust Wallet is a popular mobile wallet that supports different networks, coins and tokens. You can use it to receive, store and manage your MATIC assets.
Put your trust in Trust Wallet, as it is very stable, with no bugs or issues reported in the past. They use advanced security features like Security Scanner and Encrypted Cloud Backup to keep your tokens safe and sound.
Trust Wallet is available on Android, Apple iOS and desktop. You can download it from the App Store or Play Store. Trust Wallet provides a seamless platform to store, pay, and send MATIC, making it a trusted choice for millions of crypto users.
Do you prefer to manage your MATIC coins using your PC? Go for Exodus, one of the oldest multi-currency wallets supporting all operating systems: Windows, Linux, macOS, Android and iOS.
You can manage your crypto tokens seamlessly with its user-friendly interface, showing you the amount you have in your wallet. Moreover, since Exodus is a multi-currency wallet, you can manage multiple assets in one wallet.
Exodus prioritises privacy and security, using different features to protect your coins from hackers. It stores your private key on your chosen device, giving you full control over your funds. Ensure you have your backup recovery phrase, or it won’t let you in, and you lose access to your assets.
Learn what makes Bitcasino the best Polygon MATIC casino in the industry. Find out the reasons below:
Bitcasino is an online casino MATIC site with advanced security features like the latest SSL encryption. SSL encrypts information sent between a website and your browser. It stops unauthorised people from listening in and stealing your info, like your credit card or login details, which could be used to get into your accounts.
Moreover, you should also look for platforms with multi-factor authentication. With this feature, you can log into your account by verifying the access from a separate device.
All these security features are available at Bitcasino to ensure your gaming account and funds are safe when you play with us.
A licensed online casino operates within the framework of local and international laws, assuring you that playing on their site is legal. Moreover, an online casino with a gaming license is reliable, trusted and secure.
Bitcasino is the first-ever licensed crypto casino in the industry. We have a gaming license from the Government of Curaçao under the gaming license 1668/JAZ.
Bitcasino features various casino games, such as table games, live dealers, video slots and crash games. With these different casino games, we have over 5,000 game titles from the top software providers in the industry, such as:
Choosing a gaming site that offers provably fair games is crucial for casino gaming. It allows players to verify the fairness of the games they play.
At Bitcasino, you’ll have access to provably fair games, and you can verify the outcome of every game to ensure fairness.
As a crypto casino, Bitcasino processes your transactions instantly. This means you can access your funds quickly after every deposit and withdrawal.
When it comes to lucrative offers, Bitcasino is the number one casino. We offer promotions and bonuses like our welcome package, free spins, cashback rewards, cash prizes, weekly promos and more. They are just waiting for you to claim them.
If you want exclusive perks like a personal manager, exclusive trips, and 24/7 priority support, go for online casinos offering VIP programs. Bitcasino’s lucrative VIP Club is an invite-only program featuring personalised services that money can’t buy!
Look for an online casino that supports trusted payment options, like Bitcasino. This guarantees that your transactions are secure and are processed immediately. When you deposit at Bitcasino, you can use the following payment options:
Take note that these payment methods vary in every country.
Play casino games anywhere with a mobile-friendly platform, so you can enjoy your favourite casino games on the go anytime and anywhere.
Access Bitcasino mobile by opening it on your mobile browser. Our mobile-optimised games promise a seamless gaming experience whenever and wherever you want.
Bitcasino is one of the best casino online Polygon for your casino gaming needs. Start your gaming journey with us by following the steps below:
The first step you need to do is to create an account on the platform. Creating an account in Bitcasino is easy. Just follow the steps below for a quick registration process:
After creating an account, you can now deposit funds. Here’s how to deposit MATIC:
You can also buy MATIC and gamble using crypto debit cards at Bitcasino. Here’s how:
With funds in your account, you can now enjoy over 5,000 casino games at Bitcasino. For easy access, you can find our various game categories on the side panel.
Don’t forget to withdraw your winnings after playing. Here’s how:
Betting with MATIC offers safe, secure and fast betting. Plus, it’s more enjoyable with the lower fees offered. Experience it at Bitcasino and start placing bets on your favourite casino games using MATIC. Playing at this Polygon casino has various benefits, including fast withdrawals, lucrative bonuses and secure betting.
Polygon is a crypto launched under the name MATIC network in 2017. It aims to address the scalability and usability issues of the Ethereum network.
Yes, you can. Polygon is one of the main supported crypto at Bitcasino, the leading crypto casino in the industry.
Yes, it is. We have various security features, such as SSL encryption and multi-factor authentication, to secure your gaming account.
Words by: Barbara Menorias