CLAMs (CLAM) are one of those recent coins which have become popular without a lot of effort. This is a type of peer to peer currency which is used to send money between users. CLAMcoin is also unregulated or decentralized currency, so anyone using it does not have to worry about bureaucracy or restrictions. This is one of the reasons why many casino gamers have chosen CLAMs as their digital currency. The online gaming industry has embraced the use of cryptocurrency such as CLAM, and each year, even more, is being added to this industry. The amount of people who play in online casinos is not going to reduce, and more than anything the number of people are projected to increase. However, for some players the country they are living in my restrict them from using their bank accounts or credit cards to play online casino games.
Why CLAMs Were Created
It should be known that CLAM is not the first of its kind. That honor belongs to Bitcoin. However, CLAM was created to make it easier for transactions to take place. This is a digital currency created to make it easier to use digital money online. In the past, more people would use credit cards or bank accounts, which made them susceptible to fraud or having their details stolen. The creation of CLAM eliminated the use credit cards online, and made it possible to use open-source technology to create a payment method. Players at online casinos will not have to worry about the middlemen such as the bank or credit card company before a transaction can be approved. CLAMs were also created so online players would not be at the mercy of banks and other financial institutions. A financial institution can declare whatever fees they want, and users would have to pay these fees. Some casino members found they were receiving high fees from financial institutions to carry out transactions. CLAM was created to eliminate fees for purchases, deposits and payouts, or any other type of transaction. A third reason why CLAMcoin was created to be used as a payment method has to do with the need for better security online. The use of CLAM reduces or eliminates having to share your bank account details and reduces the likelihood of identity theft. These are just some of the reasons why CLAMs were created as a payment method.
