Online Casinos Accepting Bitcoin
Cryptocurrencies of all stripes are making waves across the world wide web, including online casinos. Bitcoin (or BTC), in particular, has seen a recent surge of interest and the blockchain technology behind it is becoming increasingly popular. Here’s an idea of some of the best Bitcoin casinos with NetEnt games at this moment in time.
Is Bitcoin Online Casino the Future of iGaming?
Why choose a Bitcoin casino? Well, there are a number of perks that are unique to cryptocurrencies. Because it is decentralised, i.e. not under the control of any banking institution, this currency is completely resistant to inflation and to corruption. Transactions take place directly between the users exchanging the currency – no middle man involved.
Anonymity is also a big advantage over traditional currencies. Transactions are completely private, with both parties’ identities totally obscured behind a simple string of code that cannot be connected to any personal details.
A final point to note is that being able to play with BTC is a big solution to players who are subject to steep taxation on casino winnings. Bitcoin easily gets around high taxes, through its decentralised nature and anonymity.
When it comes to payment methods making gains in the iGaming world, it is worth noting that PayPal casinos are also seeing something of a boost in popularity. Already widely used in e-commerce, PayPal is growing steadily as the method of choice for online casino players.
However, there’s no doubting that the Bitcoin casino has several perks that trump even PayPal, so we only expect the momentum it has built so far to continue.
With gaming authorities also beginning to integrate it within their procedures, this could well provide the platform for cryptocurrency casinos to fulfil their potential.
Still, the future of cryptocurrencies is still cryptic to say the less – there’s no way of nothing if these currencies are flashes in the pan or will stick around long enough to become a true payment alternative.
Exclusive Bitcoin Online Casino Offers
As this virtual currency is yet to be adopted by the majority of online casinos, the sites that do allow deposits and withdrawals in BTC are eager to give potential players a good reason to try out their product.
Most BTC casinos accept a variety of currencies in addition, so they will often provide a separate Bitcoin welcome bonus alongside the standard. These casinos may also decide to offer regular Bitcoin casino bonuses to you once you’ve signed up too, with reloads and other deposit offers found in BTC for your pleasure.
How to Use Bitcoin at an Online Casino
Right, so we know that this cryptocurrency is similar to online cash, but how do you use it to play at a Bitcoin casino?
Simply find an online Bitcoin exchange, which is where you open up a wallet, a lot like traditional e-wallets such as Skrill and PayPal. From here, you select how much you’d like to buy, using a number of payment methods, with the amount being released to your wallet as soon as the transaction is processed.
Paying with Bitcoins at an Online Casino
Depositing via Bitcoin at a casino is easy. Simply select the payment method, log in to your wallet and select how much you’d like to transfer. It’s as simple as that.
How Safe are Bitcoin Casinos?
As the player, you’re in the best position here. The real risk is only held by the casinos due to the anonymity you enjoy.
Whereas things like credit cards and e-wallets are held in the player’s name, BTCs only have a unique customer ID to identify the owner.
You simply need to consider the usual things – license, reputation and reviews.
Itching to get started with BTC? Choose a top new Bitcoin casino from the selection above to get cracking!
Bitcoin Online Casino Sign Up Bonus
To claim them, you simply need to log into your casino accounts and choose the Bitcoin option when you deposit – and also make sure you select your desired bonus.
From there, you’ll receive your money and bonus into your account and can enjoy some casino action.
Bitcoin Value 2020
2020 has been a year of big ups and downs for Bitcoin. It’s unclear what the rest of the year has in store for the world’s favourite cryptocurrency, but its place at online casinos is at least secure for now!
Bitcoin Online Casino Games
The evolution of the casino experience has greatly changed over the years. Once, players were limited to the confines of a brick and mortar casino, but now, thanks to the advancement of technology, it’s possible to carry all of your favourite online casino games around with you in your pocket.
It’s not only the rise of online and mobile casinos that have taken the market by storm either. In recent years the emergence of cryptocurrencies and their place within the gambling industry has opened up new means of depositing and withdrawing funds at your favourite sites. This means there are now thousands of casino games that can be funded via your Bitcoin wallet.
Therefore, if you’re looking to take your first steps into the exciting world of Bitcoin casino games we suggest you read on. You’ll discover how your digital currency can be used to play some of the most popular games and how they can lead to some fantastic payouts.
If you fancy yourself as something of a card sharp and like to deal with cryptocurrencies then Bitcoin poker could be the ideal game for you. Additionally, due to its popularity, there are plenty of Bitcoin casinos that provide high-quality multiplayer poker tables to take a seat at, along with a number of video poker titles that can be played via Bitcoin deposits. Ante up, receive your hole cards and see if you can land that royal flush and walk away with a huge pot.
If card games are your preference but you’d prefer to go head to head against the dealer then Bitcoin blackjack is the obvious choice. As blackjack is arguably the most popular table game in the world, you’ll have absolutely no difficulty in finding a Bitcoin casino that offers you the chance to take a seat, hit 21 and beat the house. Additionally, it’s likely that you’ll come across multiple variants of the game, which may also allow you to place a few side bets in order to land even greater Bitcoin payouts.
Now, if you’d prefer to leave the cards behind and instead put your lucky numbers to the test then Bitcoin online roulette is the perfect option. It’s a game that has always managed to capture the attention and imagination of new customers and veteran players alike due to the fantastic potential payouts on offer. You too can get in on the real money action by predicting the final outcome of the roulette wheel and double your Bitcoin deposit by betting on red or black. Those of you who prefer greater risk versus reward gameplay could receive even more winnings by placing a straight-up bet on any of the available numbers and receive a 35 to 1 payout!
If you’ve ever visited an online casino before, you’ll be fully aware of how online slots tend to take centre stage at most sites. The immersive gameplay elements, special features and huge potential wins are what make them so attractive to millions of players all around the world. Additionally, the fact that they’re so simple to play makes them an ideal choice for both the casual gambler and slot veterans alike.
However, if you’ve not entered the realm of Bitcoin slots before, you may be looking for somewhere to start. As such, allow us to introduce the range of products created by our favourite provider and one of the industry’s leading slot developers – NetEnt. There’s a huge range of NetEnt slots to choose from, all of which are packed with special features, exciting bonuses and big maximum wins. As they’re so popular you’ll be able to find them at all leading casinos accepting Bitcoin and you can use your digital currency to land some massive payouts.
Now, if you’re looking for something a bit different in terms of Bitcoin online casino games, but still want the chance to land some massive prizes, Bitcoin lottery games open up a whole new avenue of iGaming. Simply select your lucky numbers and when the draw commences you could be the lucky winner and be walking away with major Bitcoin winnings.
Mobile Bitcoin Online Casinos
As we’ve already touched upon, you can now carry your favourite casino games around with you in your pocket. This is due to the rising number of mobile casinos that can be accessed via a handheld device, whether it be a smartphone or tablet.
But, that being said, what makes Bitcoin mobile casinos so good and why should you choose them over other competing sites?
- They can be accessed via the majority of market-leading devices, including iOS, Android and Windows.
- All you need is a stable internet connection in order to access a huge range of Bitcoin casino games.
- Bitcoin deposits can be made via a few simple taps of the screen, ensuring swift access to your preferred Bitcoin games.
- New mobile casinos are popping up all the time, meaning the competition to attract Bitcoin gamblers is likely to introduce exciting bonuses and promotions.
- Bitcoin deposits are typically instant, meaning there’s no need to wait for your transaction to be approved before playing.
If you do prefer to gamble on the smaller screen you can clearly see that Bitcoin mobile casinos are amongst the top choices on the market. As we’ve recently reviewed a number of them we can offer an informed opinion and we can definitely say the pros heavily outweigh the cons. Furthermore, there are a number of exceptional welcome bonuses and ongoing promotions to take advantage of at these mobile sites, in addition to extra rewards gained via the respective VIP programmes and loyalty schemes on offer.
Advantages of Online Casinos using Bitcoin
Recent studies suggest that over 36 million Bitcoin wallets have been created to date. With so many users opting to use this digital currency it’s hard to deny its major advantages over competing payment methods. Granted, a large portion of people who are invested in Bitcoin won’t necessarily be using it to gamble at Bitcoin casinos, but many do so due to the reasons we’ve listed below.
- Privacy: Since it’s launch back in 2009, Bitcoin’s primary purpose as a cryptocurrency was to make online transactions faster and more private. As a decentralised unit of currency no banks or government’s system has jurisdiction over transactions made using Bitcoin, meaning your details aren’t visible.
- Fast transactions: Payments made or received using Bitcoin are processed much quicker than other leading payment methods. Deposits at Bitcoins casinos are typically instant, whilst withdrawals are usually only subject to the respective site’s processing time.
- Security: As most Bitcoin casinos will only require information pertaining to your cryptocurrency’s wallet, address and username, you will not need to provide any other personal details. This means you’re at less risk of a personal data breach than at those sites that require additional info.
- Rewarding bonuses and promotions: A significant benefit of using Bitcoin at an online casino is most sites that accept this payment method tailor their bonuses towards the cryptocurrency. Additionally, they can be amongst the most generous offers found when gambling online.
What are the Disadvantages of Casinos using Bitcoin?
Obviously, we wouldn’t be providing an in-depth review if we didn’t also touch upon the potential disadvantages of using Bitcoin when gambling online. As a digital currency, there are likely to be many people who are unsure about its merit, which is a valid concern as it’s sensible to maintain caution at all times when risking real money of any sort at an online casino. Therefore, you’ll find the main disadvantages to gambling with Bitcoin listed below.
- Although it has been around for a few years now, Bitcoin is still technically a currency that’s in its relative infancy. Therefore, the number of online casinos accepting this form of payment are much fewer than those that allow payments using the more recognisable solutions.
- Bitcoin is an extremely volatile form of currency, meaning its value can alter rapidly – sometimes for the better, but also sometimes for the worse.
- The anonymity surrounding Bitcoin payments in the past has been associated with potentially fraudulent activity. Obviously, as the cryptocurrency has become more mainstream it has garnered a better reputation, but certain shadows are still cast over its past usage.
What else to Consider when using Bitcoin Casinos?
So, now that you have a general overview of the pros and cons of playing with Bitcoin, it’s time to introduce a number of other elements that you’ll want to be aware of when using it to gamble online. As always, it’s important to have a complete understanding of a particular payment method before using it, so continue reading to discover the additional information you may need.
As we’ve previously mentioned, the fact that Bitcoin is a digital currency means it is subject to major swings in value. Its price and overall worth can change at the drop of a hat due to speculation, making it an extremely volatile form of currency.
Whilst it’s possible to purchase physical goods with Bitcoin in some places, the majority of Bitcoin transactions are still investment-based. As a result, people buy and sell this cryptocurrency like they would any other investment and this cycle is what can cause such fluctuations in its value. Obviously, this could mean the value of your Bitcoin can greatly increase, but at the same time, it could result in it being worth much less than before.
Withdrawing Your Bitcoins From The Casino
Just like when using the majority of other payment methods to cash out funds from your online casino account balance, Bitcoin withdrawals are a breeze. If you’ve been particularly fortunate during your time playing you can follow the step-by-step guide provided below to learn how to walk away with your winnings.
- Step 1: Navigate to the cashier/banking page at your chosen Bitcoin casino.
- Step 2: Select Bitcoin from the list of available withdrawal methods.
- Step 3: Enter how much you wish to withdraw and then select the Bitcoin wallet where you wish your winnings to be sent.
- Step 4: Confirm the transaction details and finalise the process.
- Step 5: Enjoy your winnings!
Bitcoin Wallet And Exchange
When you first start using Bitcoin you’re going to need to choose a wallet in order to start making transactions via the Bitcoin network – this is where your digital currency will be stored. There are three available options: mobile wallets, desktop wallets and hardware wallets, all of which have their respective pros and cons so we advise you do your research to discover which is best for you before going ahead.
Additionally, Bitcoin exchanges are where you can buy and sell this cryptocurrency in exchange for other currencies. It must be mentioned that exchanges provide highly varying degrees of safety, security, privacy and control over your funds and information. Therefore, we strongly advise that you perform your own due diligence and select an appropriate wallet before choosing an exchange.
Frequently Asked Questions
How Do You Gamble With Bitcoins?
Bitcoins, like any other currency, must first be deposited into your online casino account balance before you can play. On certain occasions, a Bitcoin casino may exchange your funds into another currency in order to play, but some may also allow you to gamble directly with the cryptocurrency.
Do Casinos Accept Bitcoin?
In a word: yes. However, the number of casinos that currently accept Bitcoin is much fewer than those that don’t. You will need to make sure that your chosen gambling site accepts deposits in the form of Bitcoin if you wish to make use of this digital currency when playing online.
Are Bitcoin Casinos Legit?
The majority of Bitcoin online casinos are completely legitimate, having obtained various operating licenses from around the world. However, as always, we suggest that you express caution when gambling online and if a site doesn’t appear to have any licences then we advise you look elsewhere.
How Can I Get Bitcoin For Free?
You’ll come across many sites claiming to offer free Bitcoins, but they’re often, if not always, scams. The only safe way to obtain Bitcoins is to either mine them yourself, or as part of a group, or purchase them using another form of currency.
Is It Legal To Play Using Bitcoin?
Whilst most countries have regulations in place that govern online gambling, not all regulate cryptocurrency gambling specifically. In terms of the legality of playing with Bitcoin, you should be absolutely fine as long as there is no legislation in place preventing you from doing so, as per your nation’s laws.
Can I Gamble With Other Cryptocurrencies Besides Bitcoin?
Since the rise of Bitcoin, many other cryptocurrencies have flourished and can now be used to gamble at certain online casinos. Other options include the likes of Ethereum, Litecoin and Dogecoin, along with Bitcoin Cash and Bitcoin SV.