Top Online Casinos For Bitcoin Online GamblingBitcoin is becoming a popular payment method for online gambling, with millions of players preferring it over traditional banking options like debit cards and e-wallets. But what is it about Bitcoin that makes it one of the best ways to play at an online casino? That’s what we’re here to find out. Our guide will explore why Bitcoin online gambling is becoming so popular, and its benefits compared to other payment methods. We’ll also help you find the best online casino Bitcoin can be used at by offering a few recommendations.
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Intro To Bitcoin
Bitcoin is the world’s first and most popular cryptocurrency. It was created in 2009 by an unknown person or group of people known as Satoshi Nakamoto. The cryptocurrency operates through an open-source network called a blockchain. All transactions using Bitcoin are recorded in this network, contributing to its transparency.
This cryptocurrency became available at online exchanges in 2010. However, it wasn’t until 2013 that an online casino Bitcoin could be used on would become a thing.
Nowadays, Bitcoin online gambling is fast, safe, and transparent, as transactions are approved automatically through the blockchain.
In addition, Bitcoin relies on high-end cryptography methods to ensure no one can access your funds. Your wallet is identified by a unique number with a matching master key that’s virtually impossible to crack.
Online Casinos Accepting Bitcoin – By Category
Cryptocurrency casinos are extremely popular, but that doesn’t mean they all offer a great Bitcoin online gambling experience. However, you can increase your odds of finding something that suits your needs by choosing a reputable online casino Bitcoin can be used at.
We test Bitcoin casinos according to a wide variety of parameters, including the quality of the game selection, the software providers, other payment options available, the user experience, and more.
The casinos we tested were then ranked into different categories so that you can easily find what you’re looking for. You can look through our recommended casinos based on the number of games, withdrawal time, and other factors, for instance.
Without further ado, let’s get into the best online casinos accepting Bitcoin. Choose one and start your Bitcoin online gambling journey.
Advantages To Bitcoin Gambling Transactions
There are many reasons Bitcoin is one of the best payment methods for online gambling, namely its safety, reliability, high limits, and traceability.
Bitcoin relies on state-of-the-art encryption protocols that prevent your funds from being accessed by third parties. It allows for fast transactions that are automatically approved through a decentralized network.
The payment method also has higher limits than most banking options, making it ideal for high-rollers and experienced players. Last but not least, every transaction can be easily traced through the blockchain, making it highly transparent.
Check out the sections below to learn more about Bitcoin online gambling:
- Safe and secure
Bitcoin benefits from high-end encryption protocols that ensure you’re always kept anonymous. Even though wallet addresses are public, there’s no way of knowing who they belong to. Bitcoin wallets are protected via high-security master keys that are nearly impossible to crack. You can also store your Bitcoin completely offline.
Bitcoin operates through a peer-to-peer network of computers. This means there isn’t a central regulating authority, and therefore, no downtime. All transactions are automatically approved through a decentralized system, allowing you to send or receive funds in only a few minutes. This makes it incredibly reliable when it comes to online gambling.
- High transaction limits
There are no limits regarding the maximum amount of Bitcoin you can send or receive, but real money casinos usually set their own limits. However, limits for Bitcoin transactions at online casinos are higher than their traditional counterparts, such as e-wallets, bank transfers, or debit cards. This is one of the best payment methods for high-rollers and VIP players.
Although it’s completely anonymous, Bitcoin payments can be easily traced and viewed on the blockchain. This allows users to verify if an online casino Bitcoin can be used at has enough money to pay its players, for instance. It’s also helpful to track where your funds are in case of fraud or data theft.
Disadvantages Of Bitcoin Payments
Even though they have several advantages, payments made using Bitcoin also have a few downsides, such as the volatility of this cryptocurrency, not being as widely accepted as other payment methods, and the hassle of having to buy it.
Here’s what you should know before you sign up at an online casino Bitcoin:
The price of Bitcoin is highly volatile, as it can increase or decrease by thousands of dollars over the course of a single day. These major swings can quickly affect your bankroll after you request a withdrawal using this cryptocurrency, for instance.
- Not all casinos accept it
Bitcoin is the world’s most popular cryptocurrency for online gambling, but it’s still not accepted by all online casinos. Traditional payment methods, such as debit cards and bank transfers, are more commonly available.
- Bit of a hassle
Using Bitcoin to deposit and withdraw from an online casino is straightforward. However, buying cryptocurrency can be tricky, especially if you’re a beginner, as you’ll have to sign up at an exchange. Luckily, some casinos allow you to purchase Bitcoin directly at the cashier.
Is Gambling At A Bitcoin Online Gambling Casino Safe And Secure?
Many players ask us about the safety and security of online casinos that accept Bitcoin. The short answer is simple – playing at an online casino Bitcoin is safe as long as it has a gambling license.
To receive a license, casinos undergo extensive testing regarding financial transparency, security and privacy protocols, and fairness. The money used to pay players must be kept on a separate account.
Casinos must also rely on high-tech security and privacy policies, including 128-bit SSL encryption, KYC, and GDPR guidelines. The games must be based on RNG algorithms that ensure that no games play the same way twice.
Using Bitcoin also contributes to the safety of these online casinos. As we’ve mentioned, Bitcoin transactions are anonymous, safe, and transparent. Transactions in the blockchain are approved by consensus, meaning they can’t be manipulated or tampered. They’re also irreversible, further adding to their security.
Are you looking to get started on Bitcoin online gambling? If so, follow our guide below:
- Sign up at a licensed online casino Bitcoin can be used at
- Buy Bitcoin at an exchange on through the casino’s cashier
- Copy the casino’s Bitcoin wallet address
- Create a new transaction and paste the casino’s address
- Confirm the deposit
Your funds should be available in a matter of minutes.
How to Cash Out From A Casino With Bitcoin
Withdrawing from a Bitcoin casino is incredibly easy:
- Head over to the withdrawal section and select Bitcoin.
- Enter the amount you’d like to withdraw
- Enter your wallet address
- Confirm the withdrawal
Bitcoin Online Gambling: Fees, Transaction Limits, And Time
Bitcoin fees are incredibly low, at an average of 0.000044 BTC, or $0.97. Unlike traditional banking options, which charge a specific percentage, the fees for Bitcoin transactions don’t change based on the transaction amount.
However, there are other factors that affect Bitcoin’s fees, such as the number of transactions being registered in the blockchain and the desired transaction speed.
The payment method is also known for having the highest transaction limits when it comes to online casinos. It’s not uncommon to find casinos featuring unlimited deposit and withdrawal amounts, for instance.
Bitcoin transactions take between a few minutes to a couple of hours to complete, depending on the network load.
What Are The Best Alternatives To Bitcoin?
Bitcoin casinos also accept a huge variety of additional payment methods, including debit cards like VISA and Mastercard. These options are known for their high security and ease of use, making them popular among millions of players. Discover some of the best alternatives that you’ll find at an online casino Bitcoin below:
Debit cards are directly linked to your checking account, allowing you to deposit and withdraw at online casinos using your bank balance. Debit cards are secured by modern encryption methods and other safety features, such as 2-factor authentication, to ensure no one can access your details.
VISA is the world’s largest banking institution, founded by the Bank of America in 1958. There are over 2.5 billion VISA cards in circulation, making it the most popular method to pay for not only goods and services but also online casino transactions.
VISA payments are secured by encryption protocols and extensive data protection policies. It also comes with an app where you can manage your cards.
Mastercard is the world’s second-largest banking institution. It was founded in the United States in 1966 as an alternative to traditional cash payments. Nowadays, there are over 1.45 billion Mastercard cards in circulation.
Similar to VISA, Mastercard also benefits from safety features like 2-factor authentication and an app where you can set up mobile payments or manage your rewards.