Casino Acceptin Bitcoin Online
Bitcoin is a revolutionary way for people to perform transactions and exchange value among themselves. It is a pure digital currency, and a lot of people find it appealing. You can also gamble at online casinos. Sending bitcoin to the casino is super simple. Register at the online casino, click deposit, choose bitcoin and they will give a deposit address to send bitcoin to. You can then send the bitcoin to that address and boom, your deposit is complete. To cash out, you provide the bitcoin address and the casino will send bitcoin to you.
In this article we’ll discuss one of the most revolutionary payment systems to emerge in recent years – Bitcoin. It’s an option that’s become increasingly attractive to gamers worldwide due to its low transaction fees and speed of funds transfer.
We’ll examine Bitcoin in the context of its use at online casinos, covering everything you need to know to safely add it to your list of payment options.
Let’s start with some background.
Bitcoin Casinos Accepting Us Players
Check the Best Promotions of Bitcoin Casinos
What Is Bitcoin?
Bitcoin is an online payment system and digital currency, often referred to as cryptocurrency. The US Treasury describes it as a virtual currency. It works through a software “wallet” which is stored on the owner’s computer and enables them to pay for goods and services worldwide. The software is entirely open source, not owned by a single entity, and is available for all to use.
Bitcoins can be exchanged for your normal currency – and vice-versa at Bitcoin exchanges. It’s even possible to earn Bitcoins through a process called mining which involves using your own computer to crunch through calculations in order to generate new Bitcoins. This option has become too computationally expensive to make it worthwhile for most people these days so the simpler option is going to an exchange and buying them with your own money.
People can use Bitcoin to make payments to others – both individuals and businesses – from their wallets. One of the attractions of this is the low transaction fees compared to credit cards or payment systems like PayPal. Bitcoins can be spent directly from a computer, tablet or smartphone, and the system uses the highest levels of security to ensure safety for users.
As we can see, Bitcoin has a lot going for it. It’s simple to use and very secure, ideal for transactions with online businesses such as casinos. As it’s also easy to convert back into your normal currency, it’s one of the easiest methods of online payment once you have it set up.
Companies particularly appreciate the low fees which in some cases can actually be zero. Bitcoin is also a great fit for casino sites if you just want to deposit a small amount to take advantage of bonus offers when trying out a new service.
The other benefit to Bitcoin is its relative anonymity. While this may not be a concern for many, being able to pay into a casino account without it connecting back to your banks account or credit/debit cards in any way can be a positive for some people.
5 Things To Check When Choosing A Casino That Accepts Bitcoin
Having seen the benefits of Bitcoin, it’s no surprise that many people decide to look for casinos that accept the payment method. Let’s consider the casinos themselves now. What should you be looking for when choosing your next casino?
- Security: This should be an important factor however you fund your casino account. While Bitcoin offers very secure payments in itself, ensuring the casino keeps your details safe from other risks such as identity theft is something you need to be certain of. Legitimate sites will display and relevant gaming licenses or other regulations clearly on their site. The sites themselves should be fully secured to ensure your details are always safe.
- Software: By “software” here we mean the technology used to deliver an online casino experience to your machine or mobile device and how it performs in use. The solution used will affect the range of games available to you and how enjoyable they are to play. All casinos should include the staples such as roulette, blackjack and so on but extra games and options will often by dictated by which underlying platform the casino is using – this is particularly the case with slots. There are various software suppliers – you can find reviews of casino software here on the site – but the important thing is to find a game you enjoy playing. That’s the whole point after all!That is, after all, the point of signing up!
- Bonuses and Offers: All other things being equal, you would look for the casino that offers you the best sign-up offers. We steer clear of recommending going after the best bonuses above all else however. Safety and being able to play the games you want to play should always be your first priorities. Getting bonuses is just a nice way to get off to a good start with a particular casino. Also, remember that bonuses come with restrictions and stipulations and are not really “free money”. That said, it’s always nice to have a bit more cash to play with. You can find much more information about casino bonuses right here on the site.
- Good Reviews: You’re obviously looking for a casino site that provides a good user experience but how can you go about finding these? The only sure way is to check available reviews for casino sites and make sure the ones you have narrowed it down to have overall positive feedback. Don’t be fooled by 100% satisfaction ratings, they can often be a sign of review manipulation. You’re looking for an overall positive consensus so don’t get distracted by individual negative reviews.
- Account funding options: You’re probably looking at Bitcoin as your primary payment method but it’s always worth checking the other deposit and withdrawal methods available to you. Look out for particular restrictions so you’re sure you can access your money when and how you want. Also be on the lookout for excessive fees for withdrawals, delays and other factors that could be dealbreakers over time.
As we can see there are several factors to consider when choosing an online casino. You can find more info on this subject in this handy guide to online gambling.
3 Reasons To Use Bitcoin With Online Casinos
Let’s have a quick look now at some good reasons for selecting online casinos that accept Bitcoin:
Usa Bitcoin Casino
Anonymity: Bitcoins allow you to move money around the internet without revealing who you are and as such you can play casino games without revealing your true identity. This is especially true of casinos that exclusively use Bitcoin.
Security:Bitcoin is a highly secure payment system in its own right beyond any measures taken by the casino itself. It’s a very safe way of depositing and receiving funds in any situation, not just with online casinos.
Low Fees: Transaction fees are pretty much non-existent with Bitcoin, or to be more precise, they are largely voluntary. Any fees paid tend to be minimal and substantially lower than other payment systems. they are used to get your transactions processed more quickly, you can use Bitcoin and incur no fees at all if you don’t mind waiting a little. This is a byproduct of how the system works and its decentralized model.
3 Reasons Not To Use Bitcoin With Online Casinos
Choice: Perhaps the biggest issue with using Bitcoin with your online casino payment method is simply that the number of casinos which accept Bitcoin is still relatively small. This can restrict your choices somewhat and you’ll occasionally find that your favorite games are simply not available from any Bitcoin friendly casino.
Complexity:Bitcoin isn’t necessarily a simple payment method, you need to install specialist software on your device for your Bitcoin wallet. You’ll need to visit exchanges to buy Bitcoins to put in that wallet, all of which takes time, before you can then use those Bitcoins in your casino.
Legality: One of the biggest issues with Bitcoin is also one of its major advantages, it is unregulated by government. This brings many positives – we mentioned the anonymity and low fees previously – but also some negatives. If a casino shuts down and takes your Bitcoins with it, there are few avenues of redress available to you as a user. Payments are irreversible once the transaction is completed.
Once you’ve weighed up all the pros and cons, choosing your online casino provider should be substantially simpler. No matter what solution you go for, ensuring the payment and withdrawal process is transparent is vital, as is checking that the games on offer are the ones you actually wish to play.
Assessing bonuses is also important, not just the size of the bonus itself but the restrictions that come with it. Play-through levels – the value of games you have to play before you can withdraw anything, usually a multiple of the bonus amount itself – and which games you can use bonuses on, are also important to check.
For Bitcoin in particular there are some additional considerations to bear in mind. As we mentioned before, there is the issue of Bitcoin payments being irreversible for starters. To mitigate against this, several of the more reputable Bitcoin casinos publish their own operational guides – known as provably fair gambling – to instill trust with potential customers. You should look out for this with Bitcoin casinos and also look for an outfit with a good track record and reputation for paying its customers. Reviews, in this case, are even more important than with standard online casinos.
Alternatives To Bitcoin
Payment wallets are not new, although Bitcoin itself is a very different type of product to the majority of the established payment systems. For casino sites in general, PayPal, Skrill and Neteller are the most commonly accepted payment systems, and using one of these will give you the widest choice of casinos.
PayPal is perhaps the most ubiquitous, and operates slightly differently to other wallet systems in that a PayPal account doesn’t have to be directly funded before making payments. Funds can be taken directly from a card or even bank account and transferred straight to the recipient.
Skrill and Neteller operate as more traditional online ‘wallets’ where the account is funded using your credit/debit card, and then you can spend the money in the wallet as you wish, and top it back up if you need more.
Casino Games
One of the biggest attractions for playing in online casinos is the variety of games on offer. There are often so many that, for a beginner, it can become somewhat overwhelming quite quickly. Some casinos have more than a hundred different kinds of slot machines alone.
For beginners, blackjack is often the best game to get started on as it offers good odds for winning and is a straightforward game to play. Your goal is simple – beat the dealer’s total without going over 21.
It helps to get used to the casino interface without worrying too much about the intricacies of the game you are playing. By doing this you’ll boost your odds of winning and coming out on top!
Blackjack aside, the most commonly known and popular casino game out there is roulette. This one is fun to play and in some instances even provides a real-time video of a real wheel being spun, all adding the the experience. It is another game that is relatively easy to play, as we can see in the video below.
Once you get past the two major games, slot machines are the most widespread option on offer remaining. You’ll find them everywhere online and they offer easy to play gaming for players of all experience levels. Some have large jackpots and there is plenty of potential to win big online though it is worth noting that the odds for winning here are lower than those of blackjack or roulette.
What games you decide to play will ultimately be a matter of personal preference of course. Starting out with games that are not only straightforward to understand but present the best chances of winning is certainly the way to go as a beginner. You’ll build your confidence and gain the skills to progress to other games and garner the most enjoyment possible from your casino experience.
Good luck out there on the tables!
Bitcoin is a digital currency that has quickly shot to the top of the list of preferred deposit methods at online casinos. Casinos that take bitcoins as a deposit method have actually started offering extra bonuses to players who use the digital currency. Bitcoin casinos as quickly become the most popular ones for online gamblers all over the world, because they work with the popular digital currency.
Bitcoin isn’t a money transfer service or a wallet. Rather, it is an independent currency that is 100% digital. It has no physical form, and the price of bitcoin fluctuates with the market. When you use bitcoin to fund your casino account, you have a ton of perks. First of all, the extra bonuses. Most welcome bonuses tack on a few hundred dollars when you use bitcoin to deposit, while other sites waive withdrawal fees for bitcoin bankers.
Bitcoin casinos also offer a level of privacy that can’t be beaten. Bitcoin is almost entirely anonymous. All the site gets is the name of your public wallet, which is used for the transaction itself. Public wallet addresses change with each transaction, so there’s no way for someone to track you from your wallet address. Casinos that take bitcoins also have the highest quality security features, so you don’t have to worry about anything when you use bitcoin to deposit into your online account.
Below, we’ll go over everything you need to know about bitcoin casinos. From how bitcoin deposits work to FAQs about casinos that take bitcoins, everything you need to know can be found on this page. We even have a full list of high-quality bitcoin casinos for you to choose from.
How To Create A Bitcoin Wallet
Top Online Casinos | USA? | Bonus |
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Lucky Red Casino | Yes | 400% |
Slots.lv Casino | Yes | 400% |
Club USA Casino | Yes | 100% |
Before you go to make a deposit at a casino that takes bitcoins, you’ll need to purchase and store your bitcoin, also known as BTC. To do this, you’ll have to create or purchase a bitcoin wallet. We recommend a hardware wallet. This storage unit is the safest because it is not susceptible to malware or hackers.
Hardware wallets are purchased and have a remote that will allow you to conduct any transactions from anywhere. So whenever you want to fund your online gambling account at a casino that accepts bitcoins, you can just use your hardware wallet.
How To Make BitCoin Deposits At Online Casinos
Bitcoin has become such a popular way to fund online gambling sites in part because it is easy to use. Once you’ve created your wallet, it literally takes minutes to make deposits at online casinos that take bitcoins. All you have to do is head to the cashier tab, choose bitcoin, enter the amount you want to deposit, put in your bitcoin wallet address, and click submit. The funds will be processed and credited to your account in minutes.
Bitcoin casinos process deposits insanely fast. This is actually faster than every other deposit method we recommend. Bitcoin has become such a trusted deposit method amongst online casino users. The independent currency will never be declined due to bank regulations in your country, there’s an extra level of anonymity, and it is incredibly easy to use. Bitcoin casinos are definitely the first ones you should consider.
Are USA Players Allowed To Use BitCoin For Casino Deposits?
Bitcoin is an independent currency and to date, has not prevented US players from using it to fund their online gambling accounts at U.S. online casinos. US Bettors are able to log on to any casinos that take bitcoins and immediately make a deposit. They’re quick, easy, and have never had a declined payment under the UIGEA or any other banking regulation. Bitcoin casinos are perfect for US players.
Best Casinos that Take Bitcoins
The great thing about the popularity of this digital currency in today’s age is that almost all casinos are bitcoin casinos. These sites are not only casinos that take bitcoins, they’re sites that reward you for using the cryptocurrency. There are tons of bitcoin casinos that are accessible to people all over the world, but below are the absolute best of the best. CasinoDepositReviews.com knows these sites have incredible customer service, the widest selection of games, and best of all, they’re casinos that take bitcoins.
Slots.lv Casino
Up To $5,000 In Welcome Bonuses For Bitcoin Users
Slots.lv is one of the premier bitcoin casinos available to both US bettors and bettors all over the rest of the world. One of the great things about bitcoin casinos is their universality. Aside from taking bitcoin deposits from casino bettors all over the world, Slots.lv offers players one of the widest selections of games you could possibly imagine. Slots, table games, video poker, you name it, they’ve got it.
Any of this sounding like your cup of tea? Well, when you go to sign up today, Ignition casino offers its bitcoin users a welcome bonus that offers to match 200% of the first deposit up to $1,000, and 100% of the following eight deposits up to $500. That’s up to a $5,000 bonus just for using bitcoin. What could be better? Slots.lv also has a loyalty rewards program that basically pays you to play. Head over there today and get started playing all of your favorite games.
Ignition Casino
Welcome Bonus Specific To Bitcoin Users
Ignition casino is a newer online gaming site, but it has quickly risen to the top of the market. This bitcoin casino allows players more opportunities than they could possibly imagine. Whether you’re logging on from somewhere in the USA or from the UK or even Australia, Ignition casino is the place to go. This online gaming site is perfect for any and every bettor.
Ignition casino obviously accepts bitcoin as a deposit method. But did you know that they offer a deposit bonus just for their bitcoin users specifically? At ignition, if you use BTC to fund your account, Ignition will match 200% of your first deposit up to $2,000. That’s two grand just added to your account, just for using a deposit method you were going to use anyways! So what are you waiting for? Sign up with Ignition to start betting now!
USA? | Casinos Taking Bitcoins | 1st Deposit Bonus | Software | Visit Casino |
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400% Up to $4K | RTG | Visit Casino | ||
100% Up to $777 | RTG | Visit Casino | ||
100% Up to $500 | RTG | Visit Casino | ||
100% Up to $747 (2x) | RTG | Visit Casino | ||
200% Up to $2,000 | RTG | Visit Casino | ||
100% Up to $787 | RTG | Visit Casino | ||
200% Up to $2,000 | RTG | Visit Casino | ||
100% Up to $747 | Nuworks | Visit Casino | ||
125% Up to $125 | RTG | Visit Casino |
Frequently Asked Questions About Bitcoin Casinos
Using bitcoin is easy. First, you create a wallet to store your funds in. When you are ready to make transactions using the wallet, you can produce a new public wallet address, which is how the site knows where to take the funds from. Next, you can purchase bitcoins from an exchange or even just from another person. Once you’ve purchased your BTC and they’re stored in your wallet, you can use your public wallet address to fund your account. From there, all you have to do is input the necessary information at the cashier and you’re all set. Bitcoin casinos make deposits simple, and they only take minutes at most.
Bitcoin is very safe. The blockchain technology that it runs on stores every single transaction ever so that you never have to worry about your payments not being recorded or your funds getting to you. Make sure that you keep your private key well protected, though, as that is how people can get into your account. As long as you have a strong password on your wallet and follow the recommended safety tips, your transactions and funds will be safe, especially when you use bitcoin casinos.
This depends on where you live but the easiest method to buy some Bitcoin currency is through currency exchange websites that specialize in Bitcoin. These are easy to find because they usually integrate the name 'bitcoin' somewhere within their domain name. Once you've established where to purchase, it's all very easy as most exchanges use credit/debit but there is also the option to send funds directly from your checking/savings account via a bank transfer.
At bitcoin casinos, playing games for real money after a deposit happens almost instantaneously. No deposit has ever taken more than a few minutes to be credited to an account. Casinos that take bitcoins make sure that you have the minimal wait time when they provide this deposit method.
No, you will not be charged a fee for making deposits at bitcoin casinos. This is one of the perks of using a digital currency. Everything is done electronically, so you don’t have to pay a shipping fee. You’ve already purchased the funds, so you don’t have to pay a processing fee like you would with a credit card or wire transfer. Bitcoin is the fastest and best way to fund your account because it doesn’t cost money to do so. It is also a contributing factor to why people think so highly of bitcoin casinos.