Cubits is a multi-purpose Bitcoin platform for buying, exchanging, storing, and accepting Bitcoin. Cubits was founded in 2014 by Tim Rehder, Julian Mautner and Andreas Lehrbaum and launched after a year in development, in January 2015. Since its launch, Cubits has been one of the fastest-growing Bitcoin marketplaces in Europe but not as well-known as most other mobile payment platforms.
Players who are looking for a secure their online transaction have been using Cubits as a means to deposit/withdraw funds to/from their online casino accounts. The Cubits platform eliminates security concerns. Cubits players will no longer need to disclose any kind of financial information when making transactions at supported online casinos and sportsbooks.
Using the Cubits platform is actually fairly easy. Just sign up for a Wallet on Cubits' official site. It is a pretty fast process. You'll then receive an email to confirm your registration. Once you do so, you will be transferred back to the log-in page for your Wallet. You can then proceed to buying Bitcoins on the Cubits platform. These can be purchased using Online Bank Transfer, Skrill, OK Pay, and Sofort Uberweisung. Cubits supports multiple currencies that include the Euro, Australian Dollar, Swedish Krona, Great Britain's Pound, Canadian Dollar, US Dollar, and the Japanese Yen.
Once you take care of those details, you can go ahead and fund your player account on your favorite online casino, provided they accept payments via Bitcoin or Cubits. If your online casino accept Cubits deposits, you'll only need to choose Cubits as your preferred payment method on the site's payments page. Then you will be given a private depositing address and then redirected to a Cubits page. All you have to do then is send the minimum Bitcoin deposit amount to the private depositing address. It will be immediately credited and you are ready to play.
Unfortunately, at this time, Cubits Bitcoin Buy and Sell feature is still not usable for players residing in the United States. Also, users must undergo SMS as well as Document verification to remove the €150 daily transaction limit to their accounts. Lastly, the number of online casinos that accept Bitcoin deposits or use the platform are limited as of now. Take the bad with the good because the Cubits platform is well worth it. The platform functions equally to any other Bitcoin wallet.