There’s only one thing that gamblers always want, and that is a better casino experience—the chance to make fast deposits, enjoy no fees, and have an even higher betting limit. So, when the wave of Bitcoin came in, online casinos grabbed the opportunity to give their players what they wanted.
Bitcoin became a gamechanger in the world of online gambling because other methods couldn’t match its perks. But still, many gamblers have had a tough time wrapping their heads around the concept of Bitcoin.
Most certainly, yes! It is one of the best options to gamble with currently. However, before we put the cart before the horse, there are vital questions that need answers. What is Bitcoin, and how does it work?
Bitcoin or BTC is a digital currency that allows people to send money peer-to-peer virtually without any intermediaries. Some scholars refer to it as being one of the “currencies of the future.”
If you aren’t mining it, you’ll need to buy it from exchanges that have made it even easier. Platforms such as Coinbase and Binance allow you to set up a wallet, purchase Bitcoin and later deposit coins in your casino account that you can use to play.
Yes! The most legit and trusted online casinos accept Bitcoin as a payment option because of its many perks. Some even go the extra mile and offer a bonus to players using the method.
As a player, here are the steps that will have you playing using BTC in no time.
- Buy Bitcoins
Thanks to the growing popularity of Bitcoin, there are several platforms where you can exchange your currency for BTC. The process isn’t that complex, and all you’ll need to do is set up your wallet.
- Find a Bitcoin casino.
Over the years, many casinos have accepted BTC as a payment option, so you’ll quickly find one. However, don’t forget to consider other factors such as security, good reputation, bonuses, and games portfolio when making your choice.
- Create an account
Signing up at a casino is usually a straightforward process that only takes a few minutes. You’ll need to fill in your details, so make sure they match those on your ID.
- Make a deposit
Go to the ‘Payments’ or ‘Cashier section of the casino and choose Bitcoins as your deposit method. A pop-up screen will appear requesting you enter your Bitcoin wallet address and the amount of money you want to deposit. The process takes a couple of minutes, and your money will reflect in the account.
- Claim your bonus
Since Bitcoin is quite popular, most casinos will have a bonus for using that particular payment option. Check out whether the bonus requires a bonus code to claim it, and make sure you enter the code exactly as it is when asked.
- Start playing!
Once your bonus hits your account, go on ahead and start playing your favorite casino games such as slots, poker, blackjack, and roulette. After landing a couple of wins, you can withdraw the money the same way you made your deposit.
The industry of online gambling is ever-evolving, and Bitcoin has left a significant mark on that evolution. Its pros are something that traditional payment methods are finding hard to catch up with.
Here are the advantages of using BTC:
Bitcoin transactions are anonymous, and don’t share your details. Also, since the transactions are peer-to-peer, there are no third parties involved.
Thanks to its blockchain technology, Bitcoin is one of the most secure payment methods available. The technology encrypts and verifies your data at different points on the network.
- Fast Transactions
Because there are no banks involved, and all transactions happen on a blockchain, bitcoin deposits and payouts are fast and only take a few minutes.
- No Fees
Transferring BTCs doesn’t have any charges. However, a casino can decide to have small fees for their withdrawals.
- High Limits
Most Bitcoin casinos have a high deposit and withdrawal limit for BTC transactions, making it more enticing to high-rollers.
- Crypto Bonuses
Depositing using Bitcoin gives you the chance to enjoy crypto bonuses which are steadily becoming popular. The extra cash will boost your bankroll and give you more chances to win.
As I mentioned earlier, many casinos have added Bitcoin as one of their payment options, but you need to go for reliable online casinos for bitcoin. Choose a casino that also ticks other crucial boxes besides supporting BTC—such as security, games variety, bonuses, and legit licenses.
BetUS is a reputable online casino that was quick to jump on the Bitcoin bandwagon. The casino has a 150% up to $7,500 crypto bonus for your first crypto deposit. All you need to do is enter the bonus code SU150CRYPT, and it’s all yours!
- Wild Casino
If you are already in love with Bitcoin and cryptos, here’s some fantastic news. Wild Casino has a generous crypto welcome bonus of up to $9,000. For the first deposit of up to $3,000, the bonus code is CRYPTO300, and for the next four deposits of $1,500 each, the code is CRYPTO150. There’s also a 5% Bitcoin boost for players using BTC.
BetOnline is home to sports bettors who wouldn’t mind some casino action on the side. And the casino gaming experience gets even better when using Bitcoin. The casino has a crypto sign-up bonus of 100% up to $1,000 that new players can claim using the code CRYPTO100.
- Las Atlantis
Whether you’re using Bitcoin or Ethereum, Las Atlantis has its doors wide open for you. You’ll enjoy fast payouts and high withdrawal limits once you start playing with the 280% welcome bonus of up to $14,000.
- El Royale
Just like its sister site, Las Atlantis, El Royale is quite generous. New players get a welcome offer of 250% up to $12,500 and can expect more. The casino supports Bitcoin and Ethereum and has no fees attached to any transactions.
Bitcoin shows the potential of being the future for online casino payments. When compared to traditional methods, it outclasses them in terms of safety, speed, and convenience. As Bitcoin casinos become more and more popular, you are lucky to get a head start by reading this complete guide.
About Author Hi! I’m Bryan, and I’m a passionate & expert writer with more than five years of experience. I have written about various topics such as product descriptions, travel, cryptocurrencies, and online gaming in my writing journey. The latter is one of my favorite topics, and you can find some of my premium casino content at Safest Betting Sites.