- Fast withdrawal times
- Many payment methods
- Multiple certificates of trust
- Geo-restricted promotions
The popularity of digital cryptocurrencies in recent times has unlocked a new world of possibilities in the online space. One of them is the emergence of Bitcoin gambling where players can bet on casino games using Bitcoin. A Bitcoin casino is advantageous due to its flexible transaction options and faster payouts. In this article, we will explain everything you need to know about this medium of exchange. We will also give a Bitcoin casino list of the best sites you can play using this cryptocurrency.
Many people ask the question, what is bitcoin? This is a medium of exchange where no physical cash or banks are used. Numerous online gambling businesses around the world have adopted the use of this digital cryptocurrency. As a result, players can bet on Bitcoin games such as slots, blackjack, roulette, and many more. Whether you are playing action-packed games or more strategic games such as Bitcoin casino poker, you will receive your winnings with great ease.
The Bitcoin journey began back in 2009 when the founder, Satoshi Nakamoto made the first-ever transaction on the block-chain. Ever since, the cryptocurrency has undergone very volatile trading sessions characterised by frequent fluctuations in the value of the Bitcoin price dollar. The first Bitcoin online gambling platforms offered simple casino games like dice games. Fast forward to 2021 and you can find the best Bitcoin casino which offers a variety of games like Bitcoin casino slots, table games, live dealers, and video poker.
Whether you are playing at an independent casino or at a white label Bitcoin casino, the deposit procedures are somewhat similar. The top Bitcoin casinos normally collaborate with the best Bitcoin wallet options, such as Coinbase and Ledger, to enable seamless transactions between the platforms. Before you are able to play, you must first have some Bitcoins in your wallet. You will then sign in to your account and choose Bitcoin as your deposit method. From there on, you'll follow the on-screen prompts to finalise the transaction.
Withdrawing procedures are just as simple as the depositing process. You will just choose the Bitcoin cryptocurrency option from the casino's list of available payment systems and then withdraw. After withdrawing, the transaction is often finalised faster compared to other banking methods. Furthermore, you will not be charged for any Bitcoin withdrawals. This means that you can get even more cash especially when you've claimed the best bitcoin casino no deposit bonus offers from BitStarz casino or FairPlay casino.
Apart from Bitcoin, other top methods you can use to make payments at an online casino include e-wallets, credit/debit cards, cheques, bank transfers, and wire transfers. You can also utilise these same methods to purchase Bitcoins on cryptocurrency exchanges before sending them to your wallet. With your wallet loaded, you can thereafter proceed to bet on Bitcoin casino blackjack, roulette, and slot games. According to a recent Bitcoin review, other cryptocurrencies that are popular with online casinos include Ethereum, Ripple, and Litecoin.
One of the most preferred payment options among players is to buy Bitcoin with credit card. This method is super easy, and you can still remain anonymous without directly exposing your identity. The only thing that is required is a reputable Bitcoin exchange platform, where you can register and select the amount you'd like to purchase. With Bitcoins finally at your disposal, you will be ready to unlock a full set of gaming options at online casinos that take Bitcoin payments.
You're wondering – is Bitcoin legal? Yes! It's legal to purchase, send, receive, and mine Bitcoin. You can play casino games in the best Bitcoin casino online too. However, its acceptability may vary among different countries because it is a decentralised digital payment system.
If you're wondering what's bitcoin, it's a digital cryptocurrency used to facilitate online transactions. With iOS, Windows or Android devices, you can install a Bitcoin casino app that will enable you to play Bitcoin games while on the move.
An online Bitcoin wallet is normally used to store your Bitcoins. To get one, you simply need to register and activate it on the platform. With this wallet, you will be able to bet on Bitcoin casino games at your favourite casino.