Best Bitcoin Online Casinos

ADVANTAGES OF BITCOIN AND THE BEST BITCOIN ONLINE CASINOS

Bitcoin has the distinction of having become the world’s first cryptocurrency. Since being created in 2009, it has become a popular way to store crypto value and medium of exchange, and as such the most popular choice for a variety of the best crypto casinos including bitcoin casino options too.

Even today, it remains the most popular cryptocurrency in a pool of 5,000 and counting! It has several advantages that have given it an edge over other currencies when it comes to online casinos.

Some of these include:
• Growing acceptance by online casinos and unique crypto casinos
• Stored in Bitcoin wallets compatible with mobile, desktop or both
• Greater liquidity relative to other cryptocurrencies
• A borderless currency that lowers transaction fees typically to no higher than 1% of the value
• Decentralisation (P2P network) eliminates the need for using banks
• Blockchain technology acts as a digital and publicly available ledger of all transactions, increasing transparency and reducing fraud
• Safer for senders as payments exclude personal details, and sender controls the payment amount.

Bitcoins are increasingly becoming used by brick and mortar businesses such as restaurants as well as online merchants. With this said, there remains one significant disadvantage to consider, which is the volatility in the price of Bitcoins and something that traditional online casinos aren’t subject to.

HOW DO I GET A HOLD OF BITCOINS?

Buying Bitcoins (ISO: XBT) on a Bitcoin exchange is a good way of getting your hands on them, at the quoted price. Depending on the exchange, you can purchase coins using fiat currency such as US dollars or even another cryptocurrency like Ethereum (ISO: ETH). Most exchanges will accept one or more payment methods like credit cards or bank transfer. There are many Bitcoin exchanges, some of which include Kraken, Bitstamp, Coinbase and Coinmama.

Once you’ve purchased your Bitcoins, you’ll want to move them off the exchange and into your e-wallet for safety. Enter the public key (address) of your wallet and follow the on-screen instructions.

You can also get your hands on Bitcoins by exchanging them for fiat currency with someone else. Some international Peer-to-Peer (P2P) networks include Paxful, Local Bitcoins, BitQuick and Bisq. There are also local ones depending on your country of residence.

You can also sell goods or services for Bitcoins or acquire them through the process of Bitcoin mining. The role of a Bitcoin miner is to ensure that the network is secure, issue new Bitcoins as well as to process transactions. This is accomplished with blocks of transactions chained together to solve a computational problem. Bitcoin miners are compensated with transaction fees and new Bitcoins.

WHAT IS A BITCOIN WALLET?

As with physical cash, you’ll need somewhere to store your Bitcoins in order to make a bitcoin transaction. This leads us to the Bitcoin wallet, which is the equivalent of a bank account where you store receive or send Bitcoins. Of course, since Bitcoins are digital, it’s not so much the currency that you store so much as your private key which is a secret code required to spend them. The private keys act as ways of communicating securely using encryption technology.

There are different types of Bitcoin wallets, including hardware wallets, mobile wallets and web wallets to manage your private keys. You’ll need a separate wallet for each cryptocurrency that you plan on holding. Each type of wallet has advantages and disadvantages that you’ll need to weigh, so do your research and watch out for scam wallets designed to steal your Bitcoins. Some example of e-wallets includes Bitcoin Wallet, Edge, Coinbase, Exodus and Trezor.

Be wary of losing your wallet as you’ll also permanently lose access to your Bitcoins as it is impossible to retrieve your private key(s).

BEST BITCOIN ONLINE CASINOS

Bitcoin casinos are operators that allow players to deposit, play and withdraw funds to/from their online player account using Bitcoin currency – most bitcoin casinos and other crypto casinos aren’t dissimilar from other online gambling site choices, offering many of the same games and features.

Most crypto casinos that accept Bitcoins also accept other cryptocurrencies which might include Ethereum, Bitcoin Cash, Dogecoin or Litecoin, to name a few, but bitcoin casino sites are amongst the most popular.

There are many reasons why cryptocurrency casinos appeal to players starting with anonymity and not having to provide personal information like credit card numbers.
State-of-the-art technology uses encryption to protect data, and the fees are relatively low. The best online crypto casinos can also often offer faster pay-outs or withdrawals too, avoiding the delay other payment methods experience and is the same reason many new online casinos are accepting Bitcoin and other crypto too.

CHOOSING THE BEST BITCOIN ONLINE CASINO

So you’re sold on the benefits of using Bitcoin and ready to get started hunting for the best Bitcoin casinos. So where do you start anyway? Well, the good news is that there’s no shortage of cryptocurrency casinos that accept Bitcoin.

It’s a good idea to shop around as the competition for new players can be fierce, and the casinos will try to one-up one another with attractive welcome packages. Do your due diligence when selecting a cryptocurrency casino which, at a minimum, should have a license and enjoy a good reputation with players. Many cryptocurrency casinos are licensed in Curaçao, and a few licensed elsewhere like Malta by the MGA. Consider a casino that uses a cryptographic method called provably fair, that verifies that the outcome of any game round is random.

The welcome bonuses are promotions that may entail several possibilities, some of which include a match deposit bonus and/or free spins. Consider the welcome bonus as a sweetener provided by the casino to get you to sign up, deposit, and play – for some crypto casinos, they may even reward crypto assets as a welcome bonus reward too.

As is the case with all bonuses, keep in mind that terms and conditions apply including wagering requirements, so read them carefully. While most players take advantage of the welcome bonus and different casino offers, some find the requirements too restrictive. Since the welcome bonus is optional, it comes down to you to decide whether to claim it.

Here are a few great Bitcoin casinos on our site to check out that offer fantastic Bitcoin bonuses and promotions.

Bet US Casino – A long standing casino amongst US players, as the name suggests the main focus of this site is on its online sportsbook but the site does offer a wide variety of different casino game offers too. Players will find a good variety of different Bitcoin and crypto promotions and offers with some geared towards the sportsbooks but also some geared towards the online casino options too!

The crypto promotion for Bet US Casino is available to all cryptocurrency options on the site, too, as a thorough read of their terms and conditions doesn’t specify this bonus is only for Bitcoin so users of other crypto options can benefit from this bonus too. Be sure to read up on the terms and conditions for their crypto promotion to ensure all conditions are met. This bonus is available to both new and existing players alike so long as the deposit is done with one of the eligible cryptocurrencies.

Buzzluck Casino – This online casino site has also got a long standing reputation amongst American players looking to gamble with Bitcoin online, but unlike the previous site Buzzluck primarily focus on a wide variety of casino games from a number of different software providers. Buzzluck also have a number of great promotions for players looking to deposit using Bitcoin, and a welcome bonus just for players using cryptocurrency too.

The crypto bonus promotion available at Buzzluck is available for all cryptocurrencies eligible on the site and not just for Bitcoin too, players should ensure all terms and conditions are read however as to earn part of the crypto bonus available players much reach out to the customer service team. New and existing players can claim this bonus as long as one of the eligible crypto options are used for deposit.

Introducing The Bonus Code

To explain a bonus code, we can use the analogy of a coupon at a pizza restaurant. You see that a slice of your favorite pepperoni pizza and a coke is on offer but, you need to present a coupon to qualify for the offer. A bonus code is simply a short, alpha-numeric code that you need to input to be eligible for your welcome offer.

Online Bitcoin Gambling Sites Signup, Deposit, and Claiming your Bonus Bitcoin Cash

The process of signing up and claiming your bonus at the Bitcoin casino should really only take a few minutes and is similar across casinos.

1. Begin by registering at a Bitcoin casino by following the on-screen steps. Typically, you’ll begin by entering your email address and a chosen password. Your crypto casino account will work in the same way an ordinary online casino account would work.
2. Proceed to the cashier (deposit) section of the casino, and it’s around this point when you’re invited to enter the bonus code. You can typically find the bonus code under the promotions section.
3. Be sure to choose Bitcoin as your currency. You’ll see a Bitcoin address or QR code which is where you want to send you Bitcoins too. You will want to copy the Bitcoin address to your cryptocurrency wallet and enter it in the ‘Send Bitcoin’ section. Enter the number of Bitcoins that you want to send, and click on ‘Send’. You’ll also need your private key to complete the transaction.
4. Within a few minutes, you should see the Bitcoins in your account, and you’re ready to begin playing with real money.

Withdrawals at a Bitcoin Casino

To withdraw your online bitcoin casinos winnings, you will want to make sure that the crypto casino allows you to transfer Bitcoins out from your player account back into your Bitcoin wallet. Keep in mind that the Bitcoin casino may have withdrawal limits which you can find in the terms and conditions.

Playing Games at a Bitcoin Casino

Once you have deposited Bitcoins into your player account and can see the funds you are ready to play at a variety of different bitcoin gambling sites. There are thousands of slots, casino games and live casino games to choose from, and dozens of developers. In many cases, you can try slots and online casino games for free to get a feel for them before playing for real money.

A FINAL NOTE ON BEST BITCOIN CASINO SITES

The rise of the cryptocurrencies, like Bitcoin as an alternative currency, has resulted in a surge of Bitcoin casinos and other crypto casinos too. Making deposits and withdrawals has never been more discreet, easier and safer. New players qualify for the same or similar welcome bonus that they would with a fiat currency. Playing with Bitcoins will mean that you will need a Bitcoin wallet and that you will need to acquire Bitcoins either from an exchange or a P2P network.

FAQ OF BEST BITCOIN ONLINE CASINOS

WHAT IS A BITCOIN CASINO?

A Bitcoin casino as an online casino that allows you to deposit, play, and make withdrawals using Bitcoins. A Bitcoin is a cryptocurrency or digital currency that is not issued by the central bank of a country. You can still find all your favorite slots, casino games, and live casino games as well as qualify for bonuses. In addition to Bitcoins, casinos may also accept alternative fiat or cryptocurrencies like Ethereum or Bitcoin Cash as many new crypto casinos are growing.

ARE BITCOIN CASINOS SAFE AND SECURE?

Yes – Making transactions in Bitcoins is safe and secure. An online player controls the amount sent and does not need to provide sensitive details like credit card numbers to the operator. All you need is your private key and the Bitcoin address to send a payment. To reduce the risk of having a bad experience, only play at a licensed casino.

Ideally, the crypto casino allows you to use provably fair technology that verifies that the outcome of any game round using a random number generator is fair. Also, remember to keep your private key(s) safe and secure.

WHAT DO I NEED TO PLAY AT A BITCOIN CASINO?

To play at the best new Bitcoin casinos, you simply need to have the minimum number of Bitcoin required to make a deposit by your casino. If you’re new to Bitcoins, then you’ll need to purchase Bitcoins and store them in a Bitcoin wallet for safekeeping.

CAN I MAKE A DEPOSIT AND WITHDRAWAL FROM A BITCOIN CASINO?

Yes – you can make deposits from your Bitcoin wallet to your player account and withdrawals back from your player accounts to your Bitcoin wallet. Remember, it can take anywhere from a few minutes to 24 hours for the transfer to reach your player account. Withdrawals are typically quite fast to perform once your request to withdraw has been approved.

IS GAMBLING AT A BITCOIN CASINO LEGAL?

Gambling at a Bitcoin casino is legal in many parts of the world, which is why you find many Bitcoin casinos. Many of these casinos will accept Bitcoin alongside other cryptocurrencies and fiat currencies like USD.

CAN I RECEIVE A CASINO BONUS WHEN PLAYING AT A BITCOIN CASINO?

Yes – new players who deposit Bitcoins qualify for a welcome bonus that may consist of a deposit bonus, free spins or other promotions on slots and/or (live) crypto casino games.
Remember to go over the terms and conditions carefully before you opt-in as there are wagering requirements before you can cash out your winnings. Don’t forget to enter your bonus code or you won’t qualify for the bonus.