With the growing popularity of bitcoin, it is now possible to use this cryptocurrency in online casinos. This article will discover features and bonuses of bitcoin, read expert opinions, and many more.
Cryptocurrencies are a global trend nowadays, and it is no wonder that even online casinos are ready to accept bitcoin (BTC) as a payment or withdrawal method. In this article you will discover every aspect of bitcoin gambling: we will start from explaining the features of using it, continue with finding online casinos that accept this cryptocurrency, learn how to deposit and withdraw BTCs from your account, have an introduction to bonuses and many more.
🔥 Best Online Casinos updated: 16 Jun 2021 14:43:02
📍 Features of using Bitcoin at online casinos
In fact, playing at a bitcoin casino is very similar to other online gambling. The only difference is that you also get a range of benefits that this cryptocurrency provides. The main advantages of BTC are:
high liquidity compared to other cryptocurrencies;
it’s an international currency accepted as a valid payment method;
transactions fees are much lower compared to other payment systems;
it is not dependent on any political situations.
Moreover, using the cryptocurrency in bitcoin gambling usually allows you to get various bonuses, as it is a preferred payment method for the casinos.
Bitcoin is a solid choice as currency for online gambling: it’s stable, convenient and transparent.
Bitcoin casino is mutually beneficial for both the players and the organizations. The platform gets a liquid international currency, saves money on transaction and other fees and, therefore, can provide additional bonuses for the players. The players of a BTC casino also save their money on transaction fees and get an opportunity to play on international websites, without having to deal with local electronic payment systems.
It is actually quite easy to find websites that accept BTC, thanks to its growing popularity. However, it might be tricky to find a decent and trustworthy bitcoin casino. There are several points that require your attention while selecting a gambling website:
Best bitcoin casinos are legally registered and licensed.
They should also have legal contracts with software providers.
Websites that offer legally regulated payment methods are safer.
To make a deposit to your account at a bitcoin casino, you will have to perform the following steps.
make sure the selected casino accepts BTC;
create a BTC wallet;
purchase the cryptocurrency from a trustworthy reseller;
select the BTC deposit method on the selected website;
finish the transaction.
As you can see, opening a BTC wallet is pretty much the same as creating any other e-payment account. The difference is that with the cryptocurrency you do not have to authenticate your personality, pay local fees and have your transactions reviewed by the government. The transactions with a bitcoin casino will be more comfortable for you than with a regular online casino.
Despite a popular delusion, it is actually easy to perform BTC operations. If you compare it with any other online payment service, you will see that the steps of setting up an account are the same. However, the cryptocurrency grants more freedom and fewer fees.
If a bitcoin casino accepts BTC as a payment method, it is very likely that it also allows the withdrawals with this currency. In most cases, the rules are essentially the same as with the deposits, so you just have to read the Terms and Conditions carefully. Best bitcoin casinos manage BTC operations with no fees or transaction delays, proving this payment method’s convenience. Moreover, they usually offer various deposit bonuses to encourage their players to use BTC as their main currency.
A value added to the first or several initial payments, usually offered by online casinos to encourage new players.
Bitcoin gambling sites
Max Bonus Amount
Min Deposit Amount
💠 How to get a bonus for using Bitcoin
It will take: 10 minutes
Almost every bitcoin casino that encourages its players to use BTC offers deposit bonuses for this transaction method. The terms and conditions may vary, but the steps are pretty much the same in most cases.
Create a BTC wallet and purchase the cryptocurrency from a trustworthy reseller. In case you already own a BTC wallet, move to the next step on your way to bitcoin gambling.
Study the bonus terms and conditions of different websites and choose the best for you. Best bitcoin casinos provide transparent bonuses for using BTC.
Before playing bitcoin slots, the last thing to do is to deposit according to the rules you have learned in the previous step.
Is bitcoin gambling different from other online casino entertainments?
As bitcoin is just a payment method to add funds to your balance, bitcoin gambling is not different from another online playing for money. Most websites offer various deposit methods, so you can play the same bitcoin slots from the same software providers no matter whether you use BTC or any other currency.
How is a BTC casino different from an ordinary online casino?
The only difference between a crypto casino and any other online gambling platform is that the first ones accept only BTC as a payment method. Such platforms are designed only for the users of this cryptocurrency, while the reason for this is pretty simple: it is more convenient for the casino companies to perform their transactions with bitcoin.
Can I play the same games if I use bitcoin?
Best bitcoin casinos provide various deposit options and allow you to play the same games as if you deposit via other currency. Almost every BTC casino accepts cryptocurrencies even if they are not targeting only the BTC audience.
Is it more difficult to use bitcoin than PayPal or other payment systems?
It is absolutely the same in terms of difficulty. If you create a PayPal account, you have to register and add funds via credit card or other payment methods. The same is true for bitcoin wallets, the only difference being that you have to purchase BTC on another website.
Do I have to buy bitcoins with my credit card?
There are actually many ways to purchase bitcoins to play at a crypto casino. The currency is decentralized and not regulated like the dollar or euro. Therefore, many platforms buy and sell bitcoins. The competition on that market is pretty tough, and the platforms always have to offer something new to attract new customers. One of the ways to do so is to provide various payment methods. In fact, you can exchange any online currency to bitcoin; it is only necessary to find a corresponding website.
Is it a sign of scam if a casino accepts bitcoin?
Indeed, bitcoin is usually associated with criminal activities, scams, frauds and others. And it is also true that criminals use cryptocurrencies for their safety. However, it is not a valid sign that the selected casino is a scam. The fact is that bitcoin is an extremely convenient currency and the casinos prefer to save money on transaction fees. Just remember that the best bitcoin casinos have independent reviews, legal licenses and good reputation.
Are bitcoin transactions less safe than other payment methods?
Bitcoin payments might, in some cases, be risky. The currency is not controlled by a government or even by a single platform holding company. It opens a wide range of opportunities for scammers, and they do not resist using them. Nevertheless, if managed carefully, there aren't more risks in using bitcoin than using any other electronic payment services.