BitCoin
BitCoin
The best online casinos 
What is Bitcoin?
Bitcoin is the most prominent cryptocurrency around the globe. At the very beginning, this word was used by a few people. After the boom of blockchain technology and the fast-paced growth of the digital money, many people knew about it. Welcoming the fast-growing popularity of cryptocurrencies and Bitcoin, in particular, many online gambling establishments have started to apply this payment method to their depositing and withdrawal services. Bitcoin, as a payment method in online casinos, offers many benefits for you.
Bitcoin (BTC) is an electronic payment system, which is similar to digital wallets and bank accounts. The central unit of payment on the network is bitcoin. Digital coins, unlike traditional money, are not tied to any country’s economy or central bank. All the actions of issuing new money, processing payments and creating accounts are done by users.
The first developments of the system appeared in 2008, and the official launch of the service took place on January 3, 2009. Bitcoin became a protest against traditional money and the binding of finances to one country. A narrow community supported the idea of independent money, but as the number of users and the value of BTC USD grew, the system began to gain popularity. And there are a few reasons why this payment method became so popular among casino players.
Bitcoin Payments are Fully Secured and Anonym
People take a great care about their money. So, all financial transactions should be safe to the greatest extent. Because of the blockchain technology and its encryption algorithm, the Bitcoin payment service guarantees a secure transaction from A to B. The next moment is anonymity and privacy. Of course, all bitcoin operations are available for tracking, but nobody can see your personal or banking data.
These two aspects play a crucial role for many gamblers who want to transfer their money to casino accounts, while staying safe and confidential.
How to Use Bitcoin at an Online Casino?
Every day, more and more online gambling platforms provide their players with an additional and innovative payment method – Bitcoin. At first glance, it may seem complicated how to use Bitcoin for online gambling entertainment, but indeed, it is so simple.
The first step is a need to create a new account with the help of which you can purchase this cryptocurrency and make further financial operations. Usually, you can do it on the official website of Bitcoin. You will need to provide the service with some personal information, including e-mail address, name, and password.
The next step includes adding extra security measures, like two-factor verification and linking your bank account to this crypto-wallet.
Completing these stages, you will be able to top up your Bitcoin account and connect it with an online casino to process deposits and withdrawals and actively gambling, gambling, gambling.
How to Deposit Money into an Online Casino Using Bitcoin?
After the successful charge of your crypto-wallet, you will be able to make your first deposit into an online gambling platform. This procedure is straightforward and takes a few seconds of your precious time.
In the Cashier section of the online casino, you will see a line with the headline of Deposit. By clicking on it, a new window with a list of available payment methods will appear, where you need to pick Bitcoin. Then you will receive an instruction that you need to follow. And that is all. Wait for a moment, and you will see your credited casino balance.
How to Withdraw Your Winning with the Help of Bitcoin?
Several successful plays. Several crazy wins. And you are in need to withdraw the winning pool into your crypto-wallet. The withdrawal process does not have any differences with depositing in terms of complexity.
Go to the Withdrawal section of the casino, choose Bitcoin, wait a pending time, and get your won money. It is worth mentioning that the withdrawal time is speedy, and you will receive your cash within 10 minutes or less. Moreover, this payment method is not obligated with crazy fees or other additional expenses.
The Best Online Casinos That Accept Bitcoin
There are dozens or even hundreds of online casinos that accept Bitcoin as a primary payment method. Our team prepared a list of Bitcoin casinos that you can use as a starting point of your gambling adventures.
| Advantages of using Bitcoin | Disadvantages of using Bitcoin |
|---|---|
| Fast-processing financial operations | No refund |
| High level of protection | Unregulated |
| Great liquidity | High volatility of the currency |
| Anonymity | |
| Free of fees and taxes |
Frequently asked questions
Do online casinos accept Bitcoin?
Because of the popularity of cryptocurrency, many gambling platforms provide their players with an opportunity to deposit and withdraw money using Bitcoin.
Is Bitcoin a safer payment method compared to other traditional ones?
The answer is definitely YES! In our digital age, it is not difficult for hackers to hack your bank account and empty it. With Bitcoin, the situation is slightly different in this regard, and the probability of staying with an empty crypto-wallet is lower.
Why do casino players choose the Bitcoin payment service?
There are several crucial reasons why people give their preference to this payment method. The most critical ones are security and anonymity. Moreover, all financial transactions are processed within a moment and a free from fees and taxation.
Can I get a bonus from an online casino while using Bitcoin?
Absolutely! Some casinos offer special deals and promotions when you make your first (or several) top-up(s) with the help of Bitcoin. In most cases, these offerings are mega beneficial and profitable, and it is even better to use this payment service in terms of depositing.