Bitcoin or Credit Card Transactions: Which One Is More Secure

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Payments made via a credit card are quite convenient. The majority of people use a credit card when they buy groceries, when they pay their bills or rent, and when they fill in their gas tanks. But are credit card payments really secure? In the following lines, we’ll compare credit card and Bitcoin transactions.

We’ll list the major pros and cons of both options and will try to elaborate on why Bitcoin payments are becoming more and more popular. A great deal of individuals consider Bitcoin transactions to be much safer than those conducted via a credit card. If you wish to find out whether or not that’s true, please, keep on reading.

Credit Card vs. Bitcoin Payments

Undeniably, both options have their pros and cons. People who prefer a more traditional mode of payments will certainly exclude Bitcoin transactions as an alternative. The reason being is that many people who are unfamiliar with the world of digital cryptocurrencies consider crypto payments to be unreliable.

However, that’s not the case. In fact, during our thorough research, we have come to the conclusion that Bitcoin transactions may be much more secure than those made via a credit card. The reasons for this are numerous. Of course, credit card payments also have their benefits, such as their wider acceptance, for example. Additionally, many banks grant users reward points whenever they use their credit cards.

Bitcoin transactions, on the other hand, are associated with many other advantages that have made millions of people switch from using credit cards to crypto-based wallets. In the next sections, we will list some of them and will do our best to explain why Bitcoin transactions are safer than credit card payments.

Bitcoin Transactions: Major Benefits

In the simplest terms, Bitcoin is a decentralized cryptocurrency that can be sent from one user to another within minutes, if not seconds, within the P2P Network. That is a special type of network where all linked devices have equal data processing permissions. Therefore, Bitcoin transactions do not require third parties to complete the process. That’s the very first perk regarding payments made with Bitcoin. Have a look at the following lines to learn about the remaining perks.

Minimal or No Fees

As we all know, most credit card transactions are associated with predefined banking fees that are usually dependent on the size of your transaction. However, when paying with Bitcoin, things are quite different. Although you may still be asked to pay a tax for the service, its amount will be insignificant. Many platforms and crypto wallets, on the other hand, guarantee tax-free transactions for all customers.

Additionally, international transactions made with credit cards are usually subject to enormous fees. Bitcoin transactions, however, are not associated with government institutions and are, thus, free from any further taxes. What’s more, Bitcoin transactions usually take less than ten minutes to complete, which is another key benefit.

Greater Security

One of the main reasons why people prefer Bitcoin transactions rather than credit card payments is that they are usually associated with lower risks. As we all know, credit cards are quite easy to hack, especially if you provide your credit card information on a dubious platform. Additionally, POS terminal devices can also be hacked, and you may have your information stolen within minutes.

A public key, on the other hand, allows you to conduct Bitcoin transactions. The public key is connected to a private key that will allow you to prove that you are the initiator of the transaction. Many crypto wallets also feature additional security measures, such as 2FA and QR code scanning.

Some decentralized Bitcoin wallets took things to the next level by generating a unique combination of words for every newly registered customer. This combination can be used by the client to sign up on their accounts on different devices. In case they lose the phrase, they won’t be able to log into their wallets. That is certainly a good way to keep your funds safe since it won’t permit a hacker to access your account even if they have your password.

Credit Card Transactions: Major Benefits

As mentioned at the beginning of our article, both credit card and Bitcoin transactions have their major pros and cons. One of the key advantages of credit card payments is that they can be refunded if the user has been deceived. Unlike Bitcoin transactions, credit card ones are reversible. A customer is allowed to demand charge-back in case they’ve become a victim of fraudulent activity.

What’s more, users of credit cards are likely to receive so-called rewards points whenever they pay via their cards. These points can later be redeemed for real cash. However, some cryptocurrency exchange platforms now give customers the opportunity to purchase pre-paid cards that will give them cash-back in the form of crypto whenever they make a transaction.

And the last and perhaps, the biggest pro of credit card transactions is that they are much more widely accepted than Bitcoin transactions. Even though cryptocurrency’s popularity is growing immensely, there are still a great number of companies that refuse to accept payments made with BTC, ETH, LTC, or any other digital currency.

Conclusion

All things considered, Bitcoin transactions are absolutely secure, and many people prefer making crypto transactions rather than paying via their credit cards. Experts believe that in the upcoming years, digital currencies will completely replace traditional financial institutions. In the meantime, we encourage you to carefully consider each payment of yours, whether it’s made via a credit card or a crypto wallet.

The Best Cryptocurrency to Use When You Gamble Online

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In the last couple of years, cryptocurrencies have become immensely popular. People from all over the world buy, trade, and sell, and some of them even prefer using digital currency rather than fiat money to pay for their purchases. In fact, crypto has become so prominent that it is now accepted on numerous online platforms, including online gambling websites.

Fans of poker, slots, blackjack, and roulette are likely to run into a betting platform that allows customers to make payments not only in currencies, such as EU and USD, but in BTC, SHIB, and ETH, as well. Encountering a crypto-only online casino is also quite possible. Certain brands have decided to create sites that accept payments in nothing but crypto. For your ease, we will list the best cryptocurrency you are advised to use as a customer in online casinos.

Top Five Cryptocurrencies to Use On Online Betting Sites

New cryptocurrencies are becoming part of the endless market on a daily basis. However, as experts know, not all of them are worth your time and money. Everyone should be very careful before investing in a certain cryptocurrency. The same applies to depositing crypto in online casinos. In the following paragraphs, we will list the best cryptocurrencies you should use on gambling websites. They are also the most commonly encountered accepted cryptocurrencies on such platforms.

Bitcoin (BTC)

Of course, Bitcoin takes the first place in our listing. Although the currency first appeared in 2008, it wasn’t until 2012 that Bitcoin grew in popularity. A few years later, some companies announced that they’d be now accepting Bitcoin as a form of payment by customers. Nowadays, Bitcoin is the most commonly used cryptocurrency. Therefore, it is also accepted by most crypto-oriented online casinos.

Experienced players believe that Bitcoin is the safest cryptocurrency as long as it’s stored properly. If you use dependable crypto wallets, the chances of having your funds stolen are almost inexistent. With digital wallets and debit cards, on the other hand, the possibility of fraud is much more considerable. Additionally, the transactions get completed instantly, which is quite important when it comes to online betting.

Ethereum (ETH)

Ethereum is another quite popular cryptocurrency many people have decided to invest in. Just like Bitcoin, it can often be seen in the list of supported cryptocurrencies on many online gambling platforms. It’s usually available on dependable platforms, but you should still do your research before joining any online casino.

One of the reasons why Ethereum is a good option when it comes to online betting is that a great number of operators offer attractive bonuses for Ethereum-depositors. You may come across a lavish deposit bonus, free spins offer, or any other deal that may catch a potential player’s attention. ETH is supported on many crypto-only and hybrid casinos in the iGaming industry.

Litecoin (LTC)

Of course, we couldn’t miss mentioning Litecoin, which is another very popular currency in the crypto market. Usually, platforms that support payments made with Bitcoin, support Litecoin transactions, as well. In fact, many experienced gamblers prefer using Litecoin rather than Bitcoin when playing in online casinos.

The reason being is that the taxes accompanying Litecoin deposits are a bit lower than those that come with Bitcoin payments. Since Litecoin transactions are completed through secure blockchain technology, this makes the overall payment procedure much more reliable and secure. In addition to all this, it’s quite probable to come across an online casino that has an exclusive welcome offer for all users who top up their balances with LTC.

Dogecoin (DOGE)

Although DOGE was created as a joke, it became the most popular meme coin of all time, and thousands of people invested tons of money into this currency. Considering that it’s accepted in the majority of crypto casinos, we may say that it is still very prominent. Betting devotees can find many Dogecoin casinos that feature slot games, table games, virtual sportsbooks, and so on.

Before heading on a journey, however, you should first create a crypto wallet and add a part of your Dogecoin balance there. Once you join the respective casino, you’ll be asked to connect your wallet, and that’s how you will manage to add “money” to your balance. The taxes that go hand in hand with DOGE transactions are quite minimal, and the payments usually get completed in less than ten minutes.

Tron (TRON)

Tron was released three years ago and is now listed on most crypto online casinos. Although TRON is a secure option when it comes to making deposits on online casinos, you should be quite picky with the platform itself. The reason being is that not all crypto gambling sites are reputable.

To avoid any potential fraud and disappointment, we encourage you to analyze the operator and all security measures adopted by the brand to protect users’ information and money. The Tron transaction fees are usually quite reasonable. Additionally, by depositing TRON you may gain access to different exclusive promotions released by the respective operator.

Final Words

Digital currencies are becoming more and more popular every single day. The market is abundant with different currencies, and they are becoming recognized as forms of payment on many different platforms, including online casinos. Before joining a crypto gambling site and providing your personal data, along with your crypto wallet’s details, however, it is advisable to get familiar with the brand, its reputation, and its security system.

BitStarz reviewed: Is this bitcoin casino a scam?

PokerI have already written a blog post on the Safest Ways to Pay Online, in which I shared with you the top 3 preferred methods when you want to purchase goods and services from the comfort of your home without risking becoming the victim of a scam, fraud, or identity theft and I stand by it. However, there’s a whole new level of paying online where safety is not only not compromised but is, in fact, the primary aim. I’m talking about Bitcoin.

Bitcoin is a cryptocurrency and a payment system. Unlike PayPal, Bitcoin is a chance for people and companies to exchange items for bitcoins directly, without the need for an intermediary. Unlike credit cards where the tax is usually 2-3%, Bitcoin “costs” merchants from 0% up to 2% in taxes. There are many other advantages to using cryptocurrency but let’s now turn to how a casino player can benefit from cryptocurrency in their iGaming.

There are now many casinos that accept Bitcoin. They, actually, accept other payment options as well, so if you’re not sure about switching to Bitcoin yet, you could explore those casinos and make a deposit using your credit or debit card or an e-wallet of choice. But the fact that those casinos accept Bitcoin makes them safer and earns them my and other players’ respect. However, without further ado, let me address a particular Bitcoin casino, namely BitStarz.

If you’ve heard the name and wondered if it’s a safe choice, I’d like to assure you that not only is it a good place where you can deposit and withdraw using Bitcoin but it’s one of the top casinos to do so. Why? Because, according to the BitStarz review on btc-casino.com it’s one of the oldest Bitcoin casinos and it will soon feature over 1000 games. Moreover, this respectable site offers games from 9 different game providers – that guarantees variety and the sheer volume is impressive as well. They do have a very good mobile app that makes gaming on the go easy and pleasurable. They also have a nice bonus package that awards your first 4 deposits. Another cool thing is that you can actually get free spins to use even prior to depositing any money. So, you see there’s not even a hint of scam – this is a respectable bitcoin casino, which is completely safe to deposit and play at.

And now, a fun fact… What do Xerox, Teflon, Velcro, Aspirin and Polaroid have in common? Apart from referring to innovative companies that have become household names, these all are also generonyms. A generonym is a generic trademark, also known as a genericized trademark, or a proprietary eponym.

There are, of course, many other such cases as new brands become influential and get genericized. A rather new example of this linguistic and cultural phenomenon is Bitcoin, which has already become the first thing people think of when they hear “digital currency” as is mentioned on this website.

How to Find Your Personal Top 10 Online Casinos

Find your casinoIt’s fair to say that there are very few online gamblers that settle for only one casino, as different sites provide different benefits and give them the chance to claim way more bonuses. That’s exactly why Google queries such as ‘top 10 online casinos’ have huge search volume and the ads there have a very high cost. Consequently, there are many webmasters that try to claim their share of this traffic by creating ranking sites or pages. ‘That’s great! The more, the better!’ some of you might say, but the truth is that when you check out 3 of these sites, you’ll also find 3 different ratings. This is due to the fact that most webmasters are paid to include certain casinos in their rankings or simply have different criteria for choosing the best site. Furthermore, all of them have their own preferences and even if they do try to create an honest, fact-based rating, it might not satisfy your needs as a player.

This is why the best ranking you will ever be able to find is the one you create by yourself! How you can do that? By following these simple steps:

  1. Create a list of all the legal casinos in your country that are fairly popular. Remember, that security is the most important factor and don’t trust sites that are not licensed by the official gambling regulatory body of your country. For example, for British players that’s the UK Gambling Commission while for Italy that’s the AAMS.
  2. After the first step, you should have at the most 30-35 casinos in your list. Take a quick look at their game selection: Is it rich enough? Does it include your game of choice? Take out the casinos that don’t seem all too interesting.
  3. Take a quick look at the bonus offers of each casino – Are they enough? Is the welcome bonus juicy enough? Are the wagering requirements for most bonuses under 50 times the bonus amount? Make another ‘cleaning’ of your list.
  4. Check out the accepted payment methods. If a certain casino does not accept your preferred payment option, then it doesn’t have a place in your list.
  5. Now you should have between 10 and 15 casinos in your list and it’s time to take an even closer look at them. Give each casino a score for these aspects: game selection, bonus offers, mobile platform, interface/intuitiveness of the site. Once you have the scores you can find the average and Voila! You have your top 10 ready.

Of course, this process takes time that not everybody is ready to spend. If you don’t want to go through the hustle of checking out each casino separately, then one of the bigger and more reputable test sites can help you a lot. We recommend you check out the Top 10 by bestcasinosites.net – a website that reviews and tests only casinos that have a UKGC licence and have proven to be among the top gambling providers through the years.

Blacklisted UK Online Casinos – Fraud & Unfair Practices

The online casino industry is thriving, and has been rapidly developing in the recent decade. More and more operators show up at the scene, and players must be extremely cautious when choosing where to wager their hard-earned cash. While most online casinos are licensed by the United Kingdom Gambling Commission and completely legit, there are still some that take advantage of their players and try to rip them off. This is why we would like to expose some of them for the frauds that they are. In this article, we will show you some blacklisted casinos, and the various reasons why you should not trust them with your money.

Casinos that Don’t Pay Up

trouser-pocketsYou play at online casino not only to have fun, but to make money as well. It would be good if the casinos pay up in the end, right? Some operators pay instantly, while others take some time to prepare your payment – but this is acceptable, as long as the check is in the mail. Some dishonest casinos lie about sending you your money, while others flat-out tell you that they will not pay up because you have violated a certain obscure rule or condition. Here is a list of operators that are notorious for payment problems like the ones explained above.

  • 21 Dukes Casino
  • BTC Casino
  • Casino Royal Club
  • Cherry Red Casino
  • Diamond VIP Casino

Rigged Games

fakeGoing on a losing streak in an online casino game is just as normal as going on a winning streak. However, some dishonest operators decide to rig the games in their favour, artificially making the house edge much higher and costing players a lot of money in the long run. This is why games at reputable sites are regularly audited by independent agencies – to ensure that the random number generator used is indeed random and not biased towards certain outcomes. A rigged RNG results in a blacklisted casino – just like the ones below.

  • Atlantic Casino Club
  • Future Bet Casino
  • Lady Dream Casino
  • VIP Golden Club
  • Planet Vegas

False Advertising

directionAll online casinos offer welcome bonuses and promotions – but the process of obtaining them must be made absolutely clear and transparent in the website’s Terms & Conditions. However, some operators choose to make the player jump through hoops and stop them from claiming what was promised. Such false advertising should not be allowed to happen – that is why any casinos that engage in it have a rightful place in our blacklist. Here are some examples.

  • Atlantic Vegas Casino
  • Casino Las Vegas
  • Euro Max Play
  • Prestige Casino
  • Vegas24

Have Anything to Contribute?

Do you have a negative experience with an online casino? If you think that an operator deserves to be blacklisted, make sure you contact us and give us its name and an explanation of what problems you had there. We will conduct our research and make sure everyone knows that this online casino is not to be trusted!

The Safest Ways to Pay Online

Nowadays, people rely on the Internet for many aspects of their everyday life. From paying bills to shopping, the convenience is not something that we are willing to give up on. However, real money transactions over the Internet are something that should be approached with caution. Before attempting to pay online, you must know which payment methods are safe and secure – after all, you don’t want to throw your money away, right? There are plenty of options out there, and a smart person would choose one that covers all security standards and protects their personal information. In this article, we will take a look at what we believe to be the best ways to send and receive money online.

Credit/Debit Cards

Credit/Debit Cards Are One of the Safest Ways to Pay OnlinePerhaps one of the most widespread and popular payment methods in the world, credit/debit cards are fast, easy-to-use, and very convenient. Using them online is just as easy – you just input your card number, and go through a simple, yet effective security check. Almost all websites and banks have implemented multi-layered encryption for their credit/debit card transactions, as well as security protocols that protect against unauthorised use. When paying online using this method, make sure the website you are at supports an encrypted connection.

Due to their popularity, credit/debit cards are among the most common ways to pay online, and therefore – one of the most secure. There are many authorities that deal with problems related to them, so if something doesn’t seem right, you have someone to turn to for help. However, this event is highly unlikely, due to the advanced security this method utilises.

PayPal

PayPal Is a Recommended Way of Paying OnlineWith around 20 million active users in the United Kingdom, PayPal is one of the most popular and preferred payment methods in the country. Even though this e-wallet is not universally accepted at all countries or websites, it is, in our opinion, the best tool for online transactions in terms of safety. It uses an SSL security certificate that protects all your sensitive data, making it invisible to all other parties. The only thing the recipient of the payment sees is your PayPal number!

On top of that, PayPal have become a huge organisation that prides in its customer support. Any issues you might have while using this payment method will be swiftly resolved by the helpful customer service team. If you have the option of using PayPal for online transactions, we highly recommend that you do – it’s as safe as it gets.

Skrill

Skrill Is an E-Wallet That Is Highly Used at Online Gambling SitesFormally known as Moneybookers, Skrill is another e-wallet that is preferred by many citizens of the UK. It is mostly used for online gambling, like sports betting and casino gaming. Skrill offers instantaneous money transactions over the Internet, as well as solid security features and customer support. It is certified by the UK’s Financial Conduct Authority and TRUSTe, which means that it was deemed safe by those reputable authorities.

If you are into online gambling, we highly recommend giving Skrill a try. Many casinos offer exclusive bonuses if you are depositing via this payment method, and it is supported by nearly all UK operators. On top of that, your personal information will be protected, and you can rest assured that your money is going where it should.

Welcome to TrustOnMe.net!

get-me-outThe Internet has been around for quite some time now, and has opened a whole new world of opportunities for people everywhere. We have to admit it – most of us have become dependent on it not just for entertainment and social networking, but also for fulfilling our everyday needs. We pay our bills online, we buy stuff at online stores, and we use the Internet for a variety of services. Even though the World Wide Web has increased security, there are still many scam websites that look to deceive you and practically steal from you. There is no way to completely clean the Internet of such scammers, so we should all be vigilant and look after ourselves.

TrustOnMe.net is a website that aims to help you avoid Internet fraud and malicious websites. Our goal is to provide you with honest reviews of a variety of online services, in which we prove whether or not the website in question is safe and legit. Any scams we come across will be reported to the necessary authorities, so that immediate action can be undertaken.

hackerI am a guy who has had his fair share of problems with online scams over the years. My passion has always been gambling, and I’ve spent quite a lot of time at online casinos, even before they were as widespread as they are today. Those early days were a bit tough, and there were many instances on which a website would wrongfully charge you. Disputes were long, arduous, and very frustrating. Things are way better today, with government-regulated authorities in place. However, the Internet is a big place, and not all niches can be watched over constantly.

This website will feature reviews on a variety of online services, including casinos and other gambling joints. If you would like me to review something specific, make sure you use the contact form to get in touch with me. I will try to fulfill all requests in a timely manner. I hope you find my website both entertaining and useful!