Bitcoin casinos have become more popular as it allows many casinos to avoid regulations that are required by traditional online casinos. Bitcoin is a new currency that does not depend on banks and has no physical cash associated with it. It is a virtual currency or cryptocurrency used by people and businesses around the globe.
Bitcoin casino transactions process are faster with a low processing fee comparable to other payment methods. Bitcoin allows users to gamble anonymously by protecting their identity, as there is no sharing of personal or banking details.
In this article, We will help you find the best Bitcoin online casino. We will guide you on how to choose the best Bitcoin casino, what factors you need to consider while choosing. advantages and disadvantages of Bitcoins, How to deposit using Bitcoins etc.
Checkout these Bitcoin bonuses from the best casinos.
|Rank||Casino||MasterCard Bonus||Banking||Compatible||Play Now|
|1||450% Deposit Bonus + $100 Free Chip||Bitcoin||Collect BonusRead Review|
|2||450% Deposit Bonus + $100 Free Chip||Bitcoin||Collect BonusRead Review|
How to deposit using Bitcoin?
- Register for an online casino account by filling all details like name, email address etc and go to the ‘cashier’ section of the website.
- The casino will offer you many payment options. Select ‘Bitcoin’ as your deposit method. The screen will give you a unique web address for your account.
- Go to your Bitcoin wallet and input that address in the tab for sending Bitcoin.
- Enter the amount and confirm your transaction.
- The funds will be transferred and are available to use within a few minutes.
How to withdraw using Bitcoin?
From all the withdrawal methods offered select Bitcoin method.
Generate the Bitcoin wallet address
Go to your bitcoin wallet and copy the wallet address.
Check Casino Requirements
Send the Bitcoin address to the casino and make sure you meet all their withdrawal requirements.
Withdraw your winnings
Click withdraw. The Bitcoins will be available within a few hours once the casino has processed your request.
Advantages of Bitcoins
- Transactions are processed within minutes.
- Accessing Bitcoin wallets is easy with a mobile app.
- No Transaction Fees
- High Security is provided.
Disadvantages of Bitcoin
- A new currency which makes it difficult for a new user to understand.
- Bitcoin value fluctuates with the market.
- It is a digital currency, which might crash and lose key information.
Safety and security
Bitcoin is the safest payment methods as there is no need of providing details like personal names, banks, bank accounts etc that could give identity and enable someone to misuse the data. Bitcoin transactions are digital and highly encrypted. A number of verification processes are done while moving bitcoins, which makes Bitcoin transactions virtually untraceable and completely secure.
How We Rank Bitcoin casinos
Our experts have reviewed and ranked the bitcoin casinos with good research. You can simply read our reviews about the best online bitcoin casinos and click on your favourite and start playing. Here are the factors which are considered to rate a bitcoin casino.
The top casino should maintain a good reputation among players, competitors and on the internet. We can find out whether the casino is legit or not by players reviews.
The casino should provide excellent customer service to its players. Support agent should be able to rectify the issues of players at any time.
The casinos should provide players with exclusive bonuses for players who have deposited fund to keep them playing with casino and for new players to attract them to register. Casinos should also provide bitcoin bonuses to encourage players to deposit using bitcoins.
Why use Bitcoin at online casinos?
Bitcoin transactions are anonymous and it is secure as it doesn’t require any personal details. It is being encrypted and verified several times in different points on the network to guarantee the best security. Bitcoin transactions are fast and free compared to other payments options.