Top 11 Bitcoin Online Casinos

Though a relatively new technology, Bitcoin is quickly becoming a sensation that more and more online platforms are accepting as a payment method. Many online casinos have also added Bitcoin as an acceptable method of payment and the list of endorsers is on the rise.

Gamers who prefer Bitcoin can play at various casinos as listed on Online CasinoRank™. They can play at such online casinos as Megapari, BAO, Betmaster, Red Stag, ZigZag 777, IviCasino, and Spin Samurai among others. The site also offers more information about Bitcoin including how to fund a player's account with bitcoin, and the advantages of using this method.

Top 11 Bitcoin Online Casinos

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Gambling with Bitcoin
Gambling with Bitcoin

Gambling with Bitcoin

Few in the world have not come across the emergence and dramatic rise of Bitcoin. Bitcoin (₿) is a digital cryptocurrency distributed with the almost equally famous blockchain technology. It is a peer-to-peer technology that enables people and companies to send the currency Bitcoin to each other without no country backing the currency.

It is purely based on trust between people and the belief that the blockchain technology with a digitally distributed ledger will safely confirm and store this currency asset. Bitcoin was founded and released in 2009. 2017 was the year that it became a worldwide famous phenomenon.

Gambling with Bitcoin
Getting Started with Bitcoin

Getting Started with Bitcoin

The user first has to create an e-wallet for themselves which will be used to store the cryptocurrency and is necessary for depositing at online casinos. Plus, Bitcoins in the e-wallet can be used in any market that is accepting them. There are plenty of resources for obtaining e-wallets online

Once a Bitcoin customer has an e-wallet to use to store their cryptocurrency in, then they need sources to be able to buy the currency from. There are several online resources available for this. Also, there are several on land Bitcoin kiosks which are used for this, that are much like ATMs.

Getting Started with Bitcoin
Funding a Casino Account with Bitcoins

Funding a Casino Account with Bitcoins

Once a casino which is offering deposit options with Bitcoin has been chosen, it is a matter of registering at it so that the player can access the deposit platform at the casino. Then, selecting the Bitcoin deposit option that will be available among the other choices.

The casino will then provide a screen which will ask for all the information that is going to be needed for the payment to be made from the e-wallet into the player's casino account. Once this is completed, then the money deposited will get transferred to the player's account for playing use.

Funding a Casino Account with Bitcoins
Top 3 Online Casinos Accepting Bitcoin

Top 3 Online Casinos Accepting Bitcoin

Top 3 Online Casinos Accepting Bitcoin
Reasons for Using Bitcoin

Reasons for Using Bitcoin

Many people who are using cryptocurrency for online transactions are doing so for privacy reasons. They don't have anybody tracking where they are spending their money. There are no third parties conducting transactions at the online casinos on their behalf. This is something many depositors like.

Casinos like the use of Bitcoin because it is convenient for them as well. However, completing a transaction with Bitcoin can be a little slower than some of the other methods which are almost instant. However, players are prepared for a short delay because of the other benefits they are enjoying.

Reasons for Using Bitcoin
Pros and Cons of Bitcoin

Pros and Cons of Bitcoin

Pros:

  • Using Bitcoin to deposit an online casino account is easy to do, and the payments are secure and fast.
  • A large number of online casinos will now accept deposits of Bitcoin alongside many other payment methods.
  • In most cases, if a deposit can be made in Bitcoin, a withdrawal can also be made in Bitcoin, so all transactions are secure.
  • Anyone who wants to use Bitcoin can open an account with a Bitcoin exchange which is pretty easy to do.
  • Gives anonymity to the user when making a transaction.
  • Small transaction fee to make transfers.
  • The user does not have to use their bank or card details to deposit monies to an online casino account.
  • It can be stored offline in paper format, which will reduce the possibility of hackers gaining access to it.

Cons:

  • Not everyone understands how Bitcoin works. As a result, some may be wary of using cryptocurrency if they are not used to digital technologies.
  • It is not easy to correct any mistakes made in a transaction, so care needs to be taken that the recipient's details are correct.
  • It is not yet accepted by all companies as a payment method.
  • The value of the cryptocurrency is not as stable as most standard currencies.
Pros and Cons of Bitcoin
Safety and Security with Bitcoin

Safety and Security with Bitcoin

Bitcoin is known to be a safe method of making online deposits and payments. Still, the user does need to be very careful. For example, when making a Bitcoin online deposit, the casino will provide an address to send it to. Therefore, care should be taken to make sure that the user copies the details exactly. It is tough to correct any mistakes later. It does give the user anonymity, though, which makes it one of the safest deposit methods.

All the user has to do is register with a Bitcoin exchange. Then they can start making deposits using the cryptocurrency. Making a withdrawal is just as easy. The Bitcoin exchange can then convert it back to the user's standard currency for only a small fee.

As anonymity is guaranteed when the user makes a transaction with Bitcoin, they are protected from a scam. Still, they should make sure that they are signing up with a reputable online casino with the appropriate security measures. In addition, they should also make sure that the Bitcoin exchange that they use is properly regulated.

Many people will be concerned that having an online-only currency will make it more susceptible to hackers. Still, it is possible to store Bitcoin offline using a paper, analog format. This means that it cannot be accessed by hackers. It is also a good idea to use a non-custodial wallet to store Bitcoin. This means that the user is in complete control of the currency at all times, and no one can prevent the user from completing a transaction. As a comparison, PayPal is a custodial wallet. PayPal can freeze an account if they believe there is an issue. This could not happen with a non-custodial wallet.

Safety and Security with Bitcoin
Safety In Gambling

Safety In Gambling

If you or someone you know need help because of gambling problems, please visit these websites below:

Safety In Gambling

Latest news

Bitcoin 2021 Outlook and Its Effect on Online Gambling
2021-07-21

Bitcoin 2021 Outlook and Its Effect on Online Gambling

Following a strong showing in 2020, the Bitcoin 2021 outlook was somewhat promising. And the digital coin didn't either, as it hit an all-time high of around $65k in April this year.

Bitcoin Gambling to Increase After the Recent PayPal Announcement
2021-05-20

Bitcoin Gambling to Increase After the Recent PayPal Announcement

The digital payment migration continues to catch steam. This time, it’s PayPal who has seen the light and decided to launch its cryptocurrency wallet targeting US merchants and customers. According to a press release in October 2020, PayPal chose to take this route after noting the growing interest in digital coins by its consumers and central banks.

Crypto Casinos Taking Over Gambling in Norway
2021-04-30

Crypto Casinos Taking Over Gambling in Norway

Until a couple of years ago, Bitcoin and cryptocurrency, in particular, didn’t feature in the list of the most popular online casino trends. Slowly, banks took interest, with billionaires investing heavily in cryptocurrencies. Today, almost any online casino you come across supports at least one type of crypto payment. In Norway, for example, this trend is hugely popular. So, why are crypto casinos taking an interest in a market with strict gambling laws?

Reasons to Embrace Cryptocurrency Gambling in 2021
2021-01-30

Reasons to Embrace Cryptocurrency Gambling in 2021

Gambling coins are enjoying fast-rising popularity globally. Today, gamblers can use cryptocurrencies to fund and withdraw money from most online casino accounts effortlessly. But if you’re not a techie, you may be forgiven for knowing very little about this cutting-edge technology. So, don’t get stuck with those unreliable casino payment methods and start gambling using digital coins in 2021 going forward.

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FAQ

Everything you need to know about casinos

Which Casino Games Can I Play with Bitcoin?

In the Bitcoin Casino market, just like with the online casino, there are many games, types of games and opportunities for real entertainment. Although each particular casino will differ in what they offer.

How do players buy Bitcoin?

Bitcoin casino players typically buy bitcoin from providers such as Coinbase.com. Also, players can purchase bitcoin from one another, as anyone that has bitcoin can sell to another. Bitcoin casino players can buy bitcoin with different standard currencies and different mode of payment.

Is probably fair Bitcoin gambling portal cheating players?

The truth is that with a cryptographic hash function, players can’t cheat each other in any of the bitcoin casinos. Alternatively, some unscrupulous or malicious portal for gambling usually cheats players with some certain tricks.

Is there free Bitcoin in online casino?

Yes, you can get bitcoin without spending your money when you sign up an account with bitcoin casinos that offer promotions and bonuses, but be ready to abide by the terms and conditions.

Is a Bitcoin casino safe?

Beyond reasonable doubt, gambling at a bitcoin casino is safe. Nevertheless, it is not an easy task to find what made the sites safe for gamblers.

Is Bitcoin gambling legal?

Bitcoin casino gambling in as much as casino gambling with standard currencies like Dollars, Euros and others are legal as there is no separate legislation guiding bitcoin casinos.

Do I need an internet connection to use Bitcoin?

Yes. To process transactions, you must be connected to the internet via Wi-Fi or mobile data.

Is Bitcoin safe to use for Online Casinos?

Bitcoin is an incredibly safe option at online casinos. Bitcoin has all sorts of safety measures in place when using your card for online payments to casinos.

Is there a Bitcoin activation or deactivation fee?

No. There is no cancellation process. If you no longer wish to use the product, you can simply delete the app, and the device, if purchased, it's yours to keep.

What are the bonuses for using Bitcoin?

Bonuses for depositing with bitcoin are going to differ between the specific terms and conditions of the casino.

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