Bitcoin Accepted Online Casinos
Elena Rosu
Content Writer
Iasmina Bunea
Content Writer
Best Bitcoin Casinos
What is Bitcoin?
Bitcoin is a digital currency that was created in 2009. It is decentralized, meaning it operates independently of a central bank or government, and it uses cryptography to secure transactions and control the creation of new units.
One of the main advantages of using Bitcoin as a payment method is that it offers increased anonymity and security compared to traditional payment methods. Because it operates independently of banks or financial institutions, Bitcoin transactions are not subject to the same fees or regulations, and they can be processed more quickly and with fewer intermediaries.
How to Deposit in Online Casinos Using Bitcoin
Making a deposit using Bitcoin at an online casino is a more complex process compared to other payment methods, but it can be easily and quickly learned.
Before making any sort of Bitcoin transaction, you will need, of course, some Bitcoin. You can skip to the next step if you already have Bitcoin or a Bitcoin wallet.
There are plenty of websites where you can buy Bitcoins on the internet.
Keep in mind
On any of these websites, you will need to create and verify an account and possess a payment form to exchange the normal currency for Bitcoin.
The next step is to set up a Bitcoin wallet. This process is very similar to creating an e-wallet. You pick the desired Cryptocurrency wallet, and you register an account. You must only provide a valid email address and choose the desired password.
Now that everything has been set up, you will want to generate a Bitcoin address in your wallet to move the Bitcoins you have purchased there.
Once your address has been generated, you will return to the website of purchase and introduce the address.
A very small transaction fee will be involved in this process, around or less $1.This fee is taken by the network that kept the ledger open for your transaction.
Now that you have the Bitcoins in your account, it’s time to move to your Bitcoin online casino. From this moment on, everything becomes simple as there are just a couple of easy steps, as shown below:
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Log in to your player account on the casino’s homepage
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Go to the Cashier section and select Bitcoin as a deposit method
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Enter the amount of cash you wish to deposit and follow the instructions
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The transfer should be almost instantaneously, and you should be ready to play in no time
How to Withdraw from an Online Casino Using Bitcoin
The process of withdrawal is quite similar to the Bitcoin deposit process. Here is the simplified process step by step:
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Log in to your player account on the casino’s homepage
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Go to the cashier section and select Bitcoin as the withdrawal method
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Enter the amount of cash you wish to withdraw and the email address.
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The funds should be available quite fast in your Bitcoin wallet.
Once the Bitcoins are in your wallet, you can keep them there or sell them for regular currency using an online exchange service.
PROS and CONS of Bitcoin Casinos
Just like any other payment method, Bitcoin has plenty of benefits but also a couple of cons. To make it simpler, we broke them down in the table below:
| PROS | CONS |
| Bitcoin is a decentralized system, meaning that there is no connection to any government banking system. Your account can’t be frozen, and your transactions can’t be blocked. | Because no one owns the actual blockchain, if you ever encounter a transaction problem, you might have difficulty solving it. |
| Blockchain transaction fees are far lower or non-existent compared to any other e-commerce company, meaning you get to keep more money in your pocket. | Once a transaction is confirmed, the money will be sent. There is no way to charge it back as you can with other payment methods like credit cards. |
| Since all transactions done with Bitcoin can be verified on the network, you can easily check any transaction made between you and the Bitcoin casino. | Bitcoin, like any other cryptocurrency, is volatile and the value of a block may change in just a couple of days, greatly increasing or decreasing. |
| Bitcoin uses pseudonyms - even if you can verify the transactions, you can’t see the real identity of the parties. Some Bitcoin casinos even offer fully anonymous accounts. This can be a great thing for players in regions where gambling is under the monopoly of the state or where it falls under a grey area. | Transactions are a bit harder to make compared to other casino payment methods. |
| Because Bitcoin uses the peer-to-peer system, transactions are usually instantaneous compared to other casino payment methods. |
Bitcoin Safety and Security
At this moment, Bitcoin is perhaps the safest transfer option available on the market. Since you don’t have to use any sort of credit/debit card or financial information when making transactions, it’s impossible for your personal information to become available to third parties or bad actors.
Bitcoin casinos are also preferred by players from regions or countries where gambling falls under a grey zone or is under the state's monopoly. In these regions, credit/card or bank transfers to international casinos are banned. Therefore, gamblers need to find a safe and anonymous way to make deposits and withdrawals.
A Bitcoin wallet can’t be traced or frozen, making it ideal for players in regions where gambling is a sensitive matter and for those who prefer to keep their identity private.
How to Choose the Best Bitcoin Casino
With more than a decade since it first appeared on the market, Bitcoin became widely used in the iGaming industry, and there are plenty of Bitcoin casinos to choose from, which can be a little daunting for a beginner.
That’s exactly why, here on our website, you will find a list of the best Bitcoin casinos that offer plenty of bonuses for new players. When you pick a Bitcoin online casino to play at, you should always apply the same rules as you would do with any other casino.
- User reviews. Always look for reputable online Bitcoin casinos with good reviews and rated as the best by other players to ensure that specific website doesn’t have a bad history.
- Game collection. Take your time and look at the selection of games inside each Bitcoin casino before signing up. If you are a slots fan, go for a website that offers Bitcoin slots, or if you fancy table games, go for a Bitcoin gambling website where you can find mostly Bitcoin table games.
- Customer support. Because no one owns the whole cryptocurrency blockchain and it’s very hard to solve a problem, ensure that the desired casino has good customer support, preferably available 24/7. It also helps if the customer service team can be contacted through various means.
Because we understand very well how important it is for players to enjoy a great gambling experience, we use a complex reviewing process when making our lists, using our team's expertise and other real gamblers’ ratings.
As a rule of thumb, a good Bitcoin gambling website should be licensed and regulated by a reputable independent authority and have good customer support and a wide catalog of games from licensed software providers.
It’s hard to pinpoint exactly which Bitcoin gambling website in our list is the best casino, as not every single one of these casinos will be everyone’s cup of tea. Each individual gambler has different tastes and needs. However, if you want to see which top Bitcoin casino has been in the top favorites, you can also use the “Top-Rated” option in the filter options.
New online casinos usually have the best bonuses and offers, and if you are looking to claim a good no deposit bonus to get things started, you can also sort the list using the “Newest” option, which will display the newest released casinos. Most of these new casinos have been released in the last year.
Bitcoin Casino Bonuses
Just like regular casinos, Bitcoin gambling websites offer various bonuses and offers to attract new players and keep the existing ones happy. And there is absolutely nothing wrong with this, as it benefits both the casino and the players.
You will encounter a couple of bonuses at Bitcoin online casinos, and we will talk about each in short.
The first ones you will encounter will be welcome bonuses, which are divided into two categories:
- deposit match bonuses
- no deposit bonuses.
Match bonuses represent a match percentage of your first deposit. Let’s say the casino offers a 100% match bonus for up to $100. This means you will get another $100 to play your favorite Bitcoin casino games.
Bitcoin casinos no deposit bonuses or free spins are the rarest offers you can hope to claim. Just as their name suggests, you don’t need to make any sort of deposit to get them. Their only downside is that they are much smaller than normal bonuses.
Some Bitcoin gambling websites offer loyalty and VIP programs where you can get birthday gifts, exclusive promotions, tickets to certain tournaments, or larger bonuses.
Page Contributors
Elena Rosu
Content Writer
Iasmina Bunea
Content Writer
