Online Casinos That Take Bitcoin

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Bitcoin casinos allow payers to deposit and withdraw using bitcoins, the original and most popular cryptocurrency. Casinos that accept bitcoin sometimes also have BTC bonus offers, but it’s more common that another currency is used for playing, bonuses and promotions. Online casinos that accept Bitcoin are legal, licenced, and regulated just like venues which accept conventional currencies. The games at these venues are provided by the same Bitcoin casino software providers who power other online gaming sites. The fast Bitcoin withdrawals are arguably the reason number one for using Bitcoin in online casinos. A Run-Through: How to Deposit with Bitcoin. Having read all that, let’s sum up how to deposit at online casinos that accept Bitcoin: Step 1: Log in to one of the best Bitcoin casinos. Just like gambling with real cash, paying with Bitcoins allows you to play all casino games including slots games, blackjack games, roulette games, and online poker. Here are the top casinos that accept Bitcoins: mBit Casino; This was one of the first casinos to accept payment in Bitcoins. The casino is known for its diverse games. Bitcoin payments at online casinos. Bitcoin offers a number of advantages to both players and casino operators that make it an attractive proposition for funding a casino account. Players that have become accustomed to either high transaction fees or blocks on credit card transactions may find Bitcoin particularly helpful.

Bitcoin is a cryptocurrency that was created in 2008. It operates on blockchain technology and is one of the safest ways to send and receive money online. Since the inception of the coin, several online casinos started to accept it as a deposit and withdrawal method. In fact, hardly will you find new online casinos that don’t support the payment method.

In this article, we will talk about how deposits and withdrawals work at Bitcoin casinos. We will also explain the key factors that you need to consider when choosing a casino that accepts the payment method, as well as the pros and cons of playing with Bitcoin. Lastly, we will give a step-by-step explanation of how to get bitcoins and answer some common questions you may have about the payment option. Let's get started.

How Do Deposits Work?

Before you can use bitcoin to fund your casino account, you need to have a crypto wallet and buy some BTC. We'll explain the process of getting bitcoins later on in the article. Once you have some bitcoins, log in to your casino account and click on the “Deposit” button that usually can be found in the “My Account” section.

This will redirect you to a page where you can see the full list of the deposit payment methods that the casino supports. Here, choose Bitcoin as your preferred mode of payment, and you should see a unique web address for your account.

The next thing is to head to your bitcoin wallet and send the amount of bitcoin you want to deposit to the unique address. Processing of deposits made via bitcoin takes only a couple of minutes at top online casinos. Once the operator processes your transaction, and it reflects in your casino account, you can start using it to play your preferred games.

How Do Withdrawals Work?

Withdrawing winnings from an online casino through bitcoin is pretty straightforward. Once you log in to your casino account, head to the cashier section and click on the “Withdraw” button. This should take you to a page where you can see all the withdrawal methods that the casino supports. Here, select Bitcoin as your withdrawal method and specify the amount you wish to withdraw.

After that, go to your bitcoin wallet, copy your address and paste it in the field on the withdrawal page. You can then click on Withdraw/Complete to finalize the withdrawal transaction. Top Bitcoin casinos process withdrawals within a couple of hours.

Are There Any Extra Fees?

One of the good things about using Bitcoin as your payment method at online casinos is that you will incur fewer fees. In most cases, you can send bitcoin from your wallet to an online casino without paying any transaction fee. However, we suggest that you should check with your wallet provider to see if transaction and maintenance fees apply.

It is also possible that an online casino you choose charges a fee for processing deposits and withdrawals made using the payment method. If that is the case, you can find information about the fees on the banking page or the terms and conditions page of the casino. If you cannot find the information there, you can contact the customer support of the casino to ask if processing fees apply.

How to Find Casinos That Accept Bitcoin?

As we stated earlier, several online casinos accept bitcoin as their payment method. However, before you choose any of these casinos, there are some factors that you should check. The first is the licensing of the casino. Ensure that the betting site is operating legally and has a license that is issued by a reputable regulatory body.

Besides that, you should consider the selection of games available at the casino. The best Bitcoin casinos work with leading developers to feature games such as video slots, table games, live dealer games, and specialty games. Aside from that, they offer different kinds of bonuses such as welcome bonuses, free spins, and reload bonuses. They also offer quality customer service and provide support to players in several ways.

Pros and Cons of Playing with Bitcoin

There are several advantages that come with playing with bitcoin. First, the payment method offers anonymity, so you can be assured that your personal and banking details are safe. Additionally, bitcoin is a fast payment method, so you don't need to wait several hours before online casinos process your transactions.

Nevertheless, there are some cons associated with using bitcoins to play at online casinos. First, the payment method is susceptible to high price volatility, so its value is never constant. Besides that, there are usually no chargebacks or refunds for transactions carried out using bitcoin.

How Do I Get Bitcoins?

To get bitcoin, you need first to create a bitcoin wallet (say, Freewallet). There are several types of wallets and providers of these wallets. We recommend that you research properly to know the one that will be perfect for you. Once you've created your wallet, you will be given a public key, private key as well as a wallet address. The private key should always be kept secret and never revealed to anyone.

If you want to add bitcoins to your wallet, you can do so by using one of the payment methods that your wallet provider supports. You can also receive bitcoins as payments from another person.

Bitcoin Casinos FAQ

Is Bitcoin a safe payment method?

Yes, it is. The payment method offers significant anonymity and uses several top-notch security mechanisms.

What is the minimum amount I can deposit at Bitcoin casinos?

Every Bitcoin casino has a specified minimum amount that players can deposit. You can check the banking page of your casino to know the minimum deposit amount that applies.

Can I claim bonuses at Bitcoin casinos?

Yes, you can. Top Bitcoin casinos offer players incredible bonuses and promotions such as welcome bonuses, free plays, free spins, and reload bonuses.

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Casinos with Bitcoin

Using Bitcoin With Online Casinos

Bitcoin is the world’s leading cryptocurrency. In a few words, a cryptocurrency is a digital asset serving as a medium of exchange. This is essentially what bitcoin is all about.

The particularity of Bitcoin is that it is a peer-to-peer monetary system; individuals can transfer money without the need of a third party such as a bank.

The bitcoin story started when the “bitcoin.org” domain was registered in 2008. The first bitcoin network was created in January 2009, by an enigmatic individual called Satoshi Nakamoto. In less than 10 years, bitcoin has developed to become a fully fledged alternative to traditional currencies, despite its decentralized organization.

More and more online shops, casinos and trading platforms are starting to accept bitcoins. This article will analyze how to pay with bitcoins and weigh the pros and cons of this payment option.

How To Start Using Cryptocurrency

Paying with bitcoin requires the creation of a Bitcoin Wallet. This wallet will act as a typical e-wallet on which you will be able to deposit and withdraw funds.

On the Bitcoin website, you will be given the choice between four different types of wallets:

Desktop
Hardware
Mobile
Web

For the purpose of casino gambling and online shopping, our team recommends creating a web wallet.

They do not require the download of any software and can be accessed from any computer. Many players will find this type of wallet quite practical!

After having created a wallet, you will need to purchase bitcoins to be able to carry out transactions. To do so, you will have the choice between many different options:

Your very own Bitcoin Wallet: the bitcoin wallet interface allows its users to purchase bitcoins directly.
Bitcoin exchanges: Some online and physical shops allow you to trade Bitcoins for other currencies and vice versa.
OTC (Over the Counter): Bitcoins can also be exchanged between two consenting parties at a pre-specified price.
Specialized ATMs: In some countries and cities, you will be able to purchase bitcoins on specialized ATMs.
Mining: Bitcoin mining is essentially solving math problems in exchange of bitcoins.

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Here also, we recommend the first option. Purchasing bitcoins from your wallet is usually the most efficient way to obtain bitcoins and start playing right away.

How To Deposit

Yes, bitcoins are fascinating in themselves. But many casino players will actually find depositing and withdrawing funds with bitcoins quite useful.

Today, only a handful of online casinos accept bitcoins as payment method. However, following a recent trend, more and more brands are starting to seriously consider using “the currency of the future”.

Both deposits and withdrawals are extremely easy. With your bitcoin wallet, you will be able to transfer funds to and from a casino just like any e-wallet.

Select bitcoin as a payment method and follow the instructions given by the casino website. This will generally be a simple process of adding a bitcoin ‘address’ from your wallet, into the form on your casino website. That is normally all that is required.

Advantages

Speed: Bitcoin transactions are quasi instant.
Security: One of the reasons bitcoin has become the world’s leading crypto-currency is its extremely secure payment interface.
No Third Party: As opposed to many e-wallets, bitcoins do not require the involvement of any third party (bank, e-wallet platform…).
Anonymity: Bitcoin transactions are fully anonymous.
No Fees: Powered by block-chain technology, bitcoin payments are usually exempt from any fees.

Disadvantages