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Cryptocurrencies are constantly growing their market shares in all industries including online casino gambling. Even though this payment method seems to become more and more popular every day, only a couple of iGaming websites have generous promotions compatible with crypto. Thankfully, the situation seems to change as the new welcome bonus by Wazamba allows for deposits in cryptocurrencies.
What’s the bonus?
The new Wazamba bonus offer is actually quite generous. It is a 100% match bonus capped at 500 EUR, which is a decent amount considering the mild terms of this offer. In addition to the deposit enhancement, the welcome offer also grants the users an incredible number of 200 free spins and a Bonus Crab, which can be used with the help of the site’s exclusive feature.
All in all, it is a rather standard welcome package with a decent amount of freebies in it. The majority of iGaming websites only offer match bonuses to their new players, which puts the Wazamba bonus offer higher than average. The offer itself did not change too much with the last update aside from several adjustments in the rules of the promotion. The most crucial change, of course, was the introduction of crypto payments that are now compatible with this offer.
Why didn't they introduce it earlier?
Many iGaming platforms have started to accept cryptocurrencies recently, however, the majority of them do not support them for promotions. For a casual player it might seem counter-intuitive, but the reasons for that approach become clear when the business processes of online casinos are taken into account.
Of course, when cryptocurrencies exploded, nobody was ready for that. Online casinos did not have their payment systems prepared, and it was unclear for how long the trend is going to remain. Once everyone understood cryptocurrencies are going to stick with us for a while, the iGaming operators had to come up with new ways of accepting payments.
Most commonly, this is done via special payment gateways, which are third-party systems the casinos purchase from their developers. All the processing and maintenance is performed on the side of these payment gateways, and in most cases, they are not integrated to the online casinos in the same way the other payment systems are.
Thus, the answer is actually on the surface. Wazamba and other iGaming websites could not allow cryptocurrencies for promotions, as they were unable to track the payments and synchronize them with their bonus systems. Thankfully, the situation has changed, at least with the new Wazamba bonus deal: the operator has finally found a way to support cryptocurrencies for promotions.
Methods, processing, and other details
The first thing most crypto enthusiasts would like to discover about the new bonus deal is the assortment of cryptocurrencies accepted for payments. At Wazamba, it is possible to make an eligible deposit for the welcome package deal via Bitcoin, Ethereum, Litecoin, or Ripple. The most popular options are covered, so the majority of players will feel comfortable depositing crypto there.
As usual, cryptocurrency transactions are processed with delays, depending on the blockchain network selected. With some cryptocurrencies, it might take a couple of minutes for the funds to arrive, while the others reserve longer periods of time. In any case, the casinos usually approve the transactions instantly after they have been processed by the blockchain, and the bonus funds and other freebies are usually credited at the same moment.
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