From Virtual Slots to Real Wins: Exploring the Growth of Crypto Gambling in India
- Thursday | 19th December, 2024
Technology brings a lot of innovations that people can use to make life easier and their daily activities more bearable. Among the many innovations that were introduced was cryptocurrencies. These are valuable digital assets that can work as an investment or as an acceptable mode of payment.
Cryptocurrencies are different from fiat because of several characteristics that allow them to have a massive potential. Among the traits that people love about it is its decentralization. This means that it is not under the direct control of any financial institution. Therefore, no one controls its flow and its value.
Crypto also allows users to make transactions without having to pay expensive transaction fees. Also, crypto transactions can be completed in a few minutes. With its massive potential, a lot of companies and online activities have already started to accept crypto as a form of payment. Among these are online crypto casinos that allow players to receive live dealer bonuses.
Aside from online sites, a lot of countries have also embraced the full potential of this promising digital asset. India is one of those countries that allow its usage on exchanges even without having a proper law about it yet. With that, here is a closer look at some Indian companies that have already started to accept its use.
One of the latest brands to join the crypto bandwagon is a Delhi-based decor brand called The Rug Republic. This company is known for their sustainable floor fashion designs on their handmade rugs, pouffes, and accessories. Their products are available in over 90 countries.
Recently, the company has announced that it will accept the top 20 tokens as payment for its products. It also uses WazirX and Binance platforms for all its crypto transactions.
HighKart is another Delhi-based company that accepts Bitcoin as payment for its products. This company is well-known for being one of India’s first e-commerce platforms that accept cryptocurrencies.
Among the products they offer are mobile phones, cameras, and clothes. Aside from that, they also sell electronics such as computers and crypto mining equipment.
Another popular Indian company that accepts crypto is an online store called Purse where you can buy electronic devices. What makes it more popular is how it doesn’t involve any third party in the conversion of your crypto into fiat.
Rather, it allows you to make direct crypto payments on their site. Aside from that, it also allows you to convert your Bitcoins into gift cards that you can use on Amazon.
Sapna is another Indian company that accepts crypto. Here, you can choose from a wide category of products that range from books to healthcare products.
On this site, you can purchase any item from anywhere in the country and pay with your BTCs. They can process your payment within 30 seconds as they are powered by Unocoin, one of the country’s leading crypto exchanges.
These are just some of the Indian companies that allow you to use your BTCs and cryptocurrencies. By knowing more about these companies, you can further enjoy your digital assets on practical transactions. That way, you’ll know how to use them once you earn them from the live dealer bonuses on your chosen online crypto casinos!
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