Cryptocurrencies have become quite the appealing and unique alternative for depositing at online casinos through. With speed, security and convenience on their side, cryptocurrencies provide a depositing method to many people who have difficulties with online transactions.
Online Casinos With Bitcoin
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fees: Depend on merchant and blocks
deposit: 30 - 45 minutes
Cashout: 30 - 45 minutes
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Bitcoin has become a popular payment method at online casinos, and nowadays you’ll find hundreds of online casinos that accept Bitcoin and even offer special Bitcoin welcome offers.
If you’ve never even owned Bitcoin, let alone used it at an online casino, it might come across as a bit daunting, but on this page, you’ll find everything you need to know about depositing and withdrawing funds at online casinos using this cryptocurrency, where to find the best Bitcoin casino bonuses and the pros and cons of using Bitcoin at online casinos.
Online Casinos that Accept Bitcoin
What's the Story Behind Bitcoin?
Bitcoin is a cryptocurrency – a digital asset designed to work as a medium of exchange – that was created by a person or group of people under the name Satoshi Nakamoto in 2008. Bitcoin has no ties to banking institutions or governments and can easily be moved around the world within seconds - hence its convenience as a payment method at online casinos.
Over the years, the price of Bitcoin has skyrocketed, and most people cannot afford to purchase a whole Bitcoin at one go. You can, however, mine or purchase small portions of a Bitcoin via various sites and e-wallets. Some players prefer to have their winnings paid out in Bitcoin for various reasons, including the fact that Bitcoin can be used as a currency as well as an investment holding.
On this page, you’ll find lists of casinos that accept Bitcoin as a payment method for deposits and withdrawals. The online casinos that we advertise on this page are tested and reviewed thoroughly by some of the cryptocurrency enthusiasts on our team, to make sure you have the safest experience possible.
How to Use Bitcoin at an Online Casino
Here are the steps to start using Bitcoin at online casinos:
- Purchase Bitcoin through a website or eWallet;
- Visit one of the online casinos on our list;
- Create an account and login;
- Select Bitcoin as a payment method;
- Follow the instructions to deposit;
- Start playing.
How to Deposit at Online Casinos Using BTC
Every gambler wants the funds they deposit at an online casino to reach their account instantly without roadblocks or limitations. As long as you have your crypto wallet up and running you are pretty much ready to get started with any bitcoin casinos.
Get Bitcoins. The first step in gambling with Bitcoin is having BTC in your wallet. So if you haven’t topped up your wallet yet, head over to your preferred cryptocurrency trading and purchasing platform to fund your wallet.
Deposit at any online casino that accepts BTC, Pick any of our recommended Bitcoin casinos and head over to the cashier section after finalising your account. Select BTC as your preferred deposit method and copy the address of the casino’s wallet destination.
Log into your own wallet and create a new transaction. Enter the casino’s details as the receiver of the transaction and hit “send”. You have now topped up your casino account using Bitcoin.
| Satoshi Nakamoto (Creator @ Bitcoin) |
|---|
| "The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts." |
Are There Any Fees to Use Bitcoins at Online Casinos?
There is no fee to receive bitcoins, and many wallets let you control how large a fee to pay when spending. However, depending on what payment method to use to deposit or withdraw in BTC, you may be asked by the casino to pay a certain transaction charge.
How to Withdraw Your Winnings With BTC
Depositing your funds is the first important step of any online casino, but once you win big you want to be in possession of your winnings as soon as possible. This is where convenience and Bitcoin come in.
Not only do many withdrawals with Bitcoin come uncapped, which means you can withdraw massive jackpot wins in one transaction, the transaction is also lightning fast. Instead of waiting several business days, you will be able to claim your winnings within an hour.
Keep in mind that when withdrawing your funds, you can only use the same method you have used to deposit the funds in the first place. This means that if you deposited through Bitcoin, you can only cash out in Bitcoin.
Why Choose Bitcoin Casinos?
Bitcoin itself carries many benefits, which easily match with the needs of the online gambler. The main plus of gambling online with Bitcoin is that there are no currency conversion fees. You don't lose any money when converting to your own currency, if you have to, and makes things quick and easy.
In addition to that, anonymity gives you some extra security. This means that if you want to keep your personal banking details extra safe to maintain online privacy, Bitcoin may be the ideal payment solution for you.
On top of that, transactions are not subject to banking hours and processing times. Any deposit and withdrawal you request will be queued in the blockchain and handled as swiftly as the system can handle it. This can take anywhere from a few seconds to up to an hour, which is much more favourable than the 3 to 5 business days bank transactions are subjected to after being released from the casino website. However, it mostly takes around 10 minutes.
Best Online Casinos That Take Bitcoin
There are plenty to pick from, but which are some of the best?
|
Rank |
Casino |
Bonus Amount |
Free Spins |
|
1 |
Up to 1.1BTC |
250 | |
|
2 |
Up to 5BTC |
200 | |
|
3 |
Up to €300 |
150 | |
|
4 |
Up to €4,000 |
200 | |
|
5 |
Up to €150 |
100 |
What Casino Games Can I Play With Bitcoin?
Bitcoin casinos work with some of the top gaming providers in the industry to offer a wide range of casino, sports, and live casino games that you can play and bet on, be it on desktop or mobile. With almost all casinos that accept Bitcoin having vast games libraries, it's very likely you'll be able to find something that suits you.
In most cases, you'll be able to find your favourite game on Bitcoin gambling sites, with the added bonus of being able to deposit and play in no time at all!
The Pros and Cons of Using Bitcoin at Casinos
Pros
- Privacy – Bitcoin addresses are anonymous, so as a payment method, Bitcoin is highly prized by those who value their privacy.
- Speed – Since there’s no intermediary bank involved, Bitcoin transactions tend to be faster than traditional payment method.
Cons
- Charges are determined by the casino – Each casino can determine whether to charge a fee for transacting in Bitcoin. There’s no fixed rate.
- More volatile than fiat currency – The price of Bitcoin can go up or down pretty quickly, so there’s no telling whether the amount you deposit or withdraw will be worth more or less in just a few days’ time. This makes it harder to keep track of your gambling spend.
Bitcoin Casino Bonuses
Online casinos that have Bitcoin as their foundation often offer great bonuses in BTC. Well-established operators like Bitstarz will give new players the opportunity to claim a welcome bonus in Bitcoin instead EUR, CAD or USD. Depending on the fluctuation of BTC, this might play out in your favour, so keep an eye out on the current exchange rate.
Payment Methods Similar to Bitcoin
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Online Casinos With CryptocurrenciesRead more -
Online Casinos With ZelleRead more
Online casinos are always looking for new ways to accommodate players by introducing additional trusted payment methods to their services. Zelle is one such method, with the number of online casinos that accept Zelle increasing on a daily basis. Zelle online casinos are considered trustworthy because the payment method has been developed by leading US banks and it significantly reduces the wait times associated with Bitcoin deposits. Let’s have a look at the finer details of this up-and-coming payment method.
Are Bitcoin Online Casinos Safe and Legit?
If you are not familiar with Bitcoin or other cryptocurrencies, then you might be sceptical about how legit Bitcoin casinos are. After all, if something goes wrong, then how do you get your money back when all transactions are untraceable by name?
With Bitcoin casinos being a relatively new phenomenon within the gambling industry, we do not recommend that you go off the beaten path. When looking to gamble at any online casino in general, it is important that you look for a valid licence within the footer of the website. Every legit online casino is required to state its licence number and date of issue, as well as a link to the digital copy of the licence where the public can view it.
If you have come across an online casino that does not provide this information, it is best that you steer clear of this brand, as it will likely cause you more grief than joy, no matter how promising their offers might seem.
Is Bitcoin the Right Payment Method for Me?
Investing in Bitcoin always feels like a big step, and before you spend any money on it, you have to weigh the pros and cons. Similarly, using it to pay at online casinos comes with its own upsides and downsides. You’ll be guaranteed fast payouts and anonymity, but the price of the coin fluctuates significantly.
Additionally, most casinos that offer Bitcoin are licensed in Curacao, so if you prefer MGA or UKGC-licensed casinos, you may want to choose an alternative payment option.
In the end, it’s all about weighing the benefits of using Bitcoin at an online casino against more traditional payment methods. If you do decide to play at a Bitcoin casino, always do your research and read reviews to see whether it’s worth your time and money – virtual or otherwise.
Bitcoin Casinos FAQs
Below you’ll find the answers to some of the most frequently asked questions about using Bitcoin at online casinos.
How fast are Bitcoin withdrawals?
Very fast - depositing and withdrawing money to and from your Bitcoin wallet is much quicker than other payment methods. Depositing your money will take more or less the same amount of time, but withdrawing becomes significantly faster through your Bitcoin wallet. As there are no bank processing times and no currency conversions - it's all processed through the blockchain - this takes almost no time at all. The only time it may be slightly delayed is if there is a backlog of withdrawals through the system. In that case it may take up to an hour to receive your money, but this is still much quicker than other payment methods.
Can I get a welcome bonus in Bitcoin casinos?
Yes, some sites offer a special welcome bonus in Bitcoin! You can either choose whether to get it in regular currency or in the form of a bitcoin (or more!). They also offer a number of deposit bonuses which allow you to keep getting more bitcoin as a reward when you make deposits in future, not just when signing up. Most of the online bitcoin casinos which offer this will also be specialised in accepting Bitcoin as a form of currency for playing, too, so you know you will be in safe hands.
Do I need a Bitcoin wallet to play at a Bitcoin casino?
Not necessarily - Bitcoin casinos tend to offer other payment options using fiat currency. However if you want to withdraw in Bitcoin you will need to deposit in Bitcoin first, as your withdrawal and deposit methods must be the same. To do this, you will need to first install the Bitcoin wallet app and add funds to it from your bank account. This will give you a number of Bitcoin equivalent to the money that you deposited, at the current exchange rate. You can then begin the process of making a transaction to top up your casino wallet.
References
- The Five Most Private Cryptocurrencies (Investopedia)
- Is Bitcoin Anonymous? (Bitcoin Magazine)
- Why Does Bitcoin's Price Fluctuate So Much? (eToro)
