Since its launch in 2019, Bitcoin (BTC) has grown into one of the most popular ways to pay or get paid online. This includes adding funds to play with at an online casino. As the very first cryptocurrency, BTC revolutionised the way we gamble online. Crypto acceptance is now a very common way to pay at online casinos and this page has been put together in order to introduce you to everything you need to know about playing at online casinos when you are paying with Bitcoin.
How We Rank The Best Bitcoin Casinos
With such a huge amount of Crypto friendly casinos to choose from, things can be a bit overwhelming. That’s why we aim to direct you towards the best Bitcoin casinos. Below, we have outlined the factors that we believe are as important to you as they are to us when choosing the highest quality Crypto casino sites.
BTC Bonuses: One of the best things about online casinos is the promotions they offer to new and existing customers alike. That’s why we only work with Crypto casinos that continuously score high when it comes to putting up great customer offers.
Safety: We only recommend Crypto casinos that are regulated by the appropriate authorities and official bodies. This way you can play your favourites BTC casino slots safe in the knowledge that the platform you have chosen to play at will look after its players.
Variety Of Games: It is also important to take in to consideration is the amount of games that you will have to choose from at a casino that accepts Bitcoin. Because of this, look for a casino that offers a wide range of games.
Easy To Use: In order to make the most of your online gambling experience you will want to ensure that you are playing at a site that puts user experience at the forefront of everything that they do. If the site is hard to navigate it will have a negative impact on your overall experience.
The Benefits of Playing At A Bitcoin Casino
Playing Bitcoin slots comes with plenty of advantages. Listed below are some of the reasons why playing with BTC casinos can be a smart move.
Funding your Crypto casino account with Bitcoin removes the requirement to provide any sensitive banking information. With a Bitcoin casino none of this is required because all you need to enter is your Bitcoin wallet number.
Fast Pay Outs
Funding your online casino account with BTC is achieved in an instant and the same can be said for pay outs. Crypto transactions will usually process instantly meaning you can access your Bitcoin in seconds.
On Site Safety
With a Crypto casino, player security always comes first, making them a much safer alternative than many of the other payment options available. Because BTC and other crypto transactions are encrypted they are easy to trace so they’re not hard to track down in the case of fraudulent activity. This is thanks to blockchain technology.
As with all Crypto, Bitcoin operates on a decentralised network meaning that there aren’t any middlemen involved so there are no extra costs for anything extra. It also means that nobody can access your BTC and take them away from you or freeze your crypto account because there is no central regulatory authority in the blockchain system. The BTC network prevents banks, government bodies or other financial institutions from imposing taxes or transaction fees for any money won with BTC.
How to Get Started with a Bitcoin Casino Site
The process of registering for a BTC casino is uncomplicated. There are only a few simple steps that you need to follow in order to get started opening up a crypto casino account.
Create A Bitcoin Wallet
To use BTC, you need a Bitcoin wallet. There are many sites where you can set one up and lots of different types of Crypto wallets you can create. The saftest option is usually the hardware wallet but there are alternatives such as the hosted wallet which feels a bit more like traditional banking. The hosted BTC wallet is similar to an e-wallet but rather than loading up money, you put in your BTC to make your payments.
Put Some Money In To Your Bitcoin Wallet
In order to use your BTC wallet you will need to fill it up with some funds. If you created a hosted wallet, it is likely that you can buy as many Bitcoins as you want directly with your debit card but there are wallets that accept bank transfers too.
Fund Your BTC Casino Account
Next, head over to a reputable Crypto casino and then to the deposit section of the site and select the BTC option. Here, you should be presented a Bitcoin wallet address which is where you need to send your Bitcoin. In a mere matter of moments your BTC should have reached its destination after which you will be able to use it to gamble with.
Making a Withdrawal
If you enjoyed some success you might to consider making a withdrawal and putting some BTC back into your wallet. This works in a very similar to how you added the funds in the first place but with things going the other way, wallet to wallet. These transactions are usually instant and should be processed within a matter of minutes, unlike some other payment methods that are available at an online casino.
By now, you should have some form of idea about what playing at online casinos with Bitcoin is all about. While there can be a few downsides when using Crypto, in general these are by far outweighed by the positives. BTC casinos are good for staying invisible online, ensuring player safety, enabling faster transfers and for all of its decentralised advantages. So, if you haven’t already, why not sign up to one of these BTC online casinos and give online gambling with Bitcoin a try?
Best Bitcoin Casinos was first seen on Casino Life Magazine