Do you want to start gambling at a Bitcoin casino? Then this guide is for you! Bitcoin casino sites allow you to enjoy an online gambling experience with exclusive bonuses and fast transactions.
Bitcoin casinos also provide you with an additional level of privacy so you can keep your gambling activity private. You don’t have to link your bank or any other financial payment accounts, so your transactions are less likely to be blocked.
In this guide, we not only look at the benefits of bitcoin casinos but also list the top gambling sites where you can use this cryptocurrency. Here’s a closer look at this crypto gambling solution and the casinos that accept it.
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Bitcoin is the world’s most famous cryptocurrency. It is a digital currency that is exchanged online for various services. Cryptocurrencies differ from fiat currencies because a cryptocurrency is a decentralized currency that doesn’t rely on a government or bank to maintain it.
Bitcoin was created in 2009 to let users exchange value with each other over a network. Today, you can use bitcoin to make payments for various goods and services online.
Bitcoin operates on a blockchain system. It works on a peer-to-peer network where users who want to exchange bitcoin interact to facilitate and verify transactions.
The blockchain is a public ledger that records people’s transactions with bitcoin. The design ensures all transactions are easy to record and track, confirming the currency is being used well and that all parties involved in transactions act responsibly. The blockchain includes details on old and new bitcoin transactions.
People produce new bitcoin tokens through a process called ‘mining’. Groups of users work together using mining software and hardware to solve complex equations that link to each transaction.
Details on the latest transactions will appear at the end of the blockchain when new tokens are mined. The new bitcoin tokens will go to the miners as a reward for their work.
Bitcoin’s value will vary, and many factors influence its fluctuating price:
A single bitcoin token or BTC can cost thousands of dollars, but you can buy a fraction of that coin. A bitcoin token is divisible to eight decimal places or 100 millionths of a coin. For example, instead of spending $20,000 for 1 BTC, you can get 0.01 BTC for $200. This makes it easier to acquire and use bitcoin to play at a bitcoin casino.
You will need a crypto wallet to transfer your funds to a bitcoin casino. A crypto wallet will let you store various cryptocurrencies, including bitcoin.
These wallets hold two keys for allowing a user to send and receive bitcoin. First, a public key lists the user’s wallet information. Second, there’s a private key necessary for conducting the virtual handshake needed to complete a transaction.
You can access your keys by creating a crypto wallet. You’ll need to keep a record of your login credentials, as you could lose your bitcoin if locked out of your wallet.
An e-wallet will also produce a QR code that includes details on your wallet address and other factors. Some wallets also let you scan QR codes belonging to other parties when you need to transfer funds.
You can play the most popular casino games at Bitcoin gambling sites and enjoy great bonuses. Here’s how you can get started at online casinos accepting Bitcoin.
Adding money to your account via your crypto wallet helps you to play bitcoin casino games in a short amount of time. Unlike many other online casinos, transaction times at bitcoin gambling sites are fast, meaning your money will arrive quickly and allow you to start gambling within minutes.
Not only are deposit fast at online crypto casinos, but withdrawals are also speedy. Online bitcoin gambling allows you to receive your winnings on the same day, which isn’t always the case at traditional casino sites. Here’s how you can enjoy fast payouts at a Bitcoin casino site.
You can use these steps to withdraw funds from your casino operator:
The funds can take a few minutes to reach your wallet, but the bitcoin should usually arrive within a couple of hours.
You can enjoy a full assortment of generous bonuses at a bitcoin casino. Some of the most prominent bonuses available at crypto casinos include:
Every crypto casino will offer different bonuses with varying terms and conditions attached. You might have to complete a minimum deposit to claim a bonus or complete applicable wagering requirements.
The best bitcoin casino platforms offer a large variety of online games. There are many games that you can play using bitcoin, and here are some of the most common:
First, you can play live casino games at the best bitcoin casinos. These live dealer games allow you to interact with players from around the world and enjoy playing games that real dealers run.
A vast array of fantastic bitcoin casino table games is available online. You can play Bitcoin roulette and bitcoin blackjack, amongst others, and try to increase your casino fund.
If you enjoy playing slots, you’ll love the offerings at popular bitcoin casino sites. These competitive games include slot game titles like Starburst and Gonzo’s Quest. The top crypto casinos even allow you to play progressive jackpots like Mega Moolah.
Most crypto casinos offer various dice games, including craps. You can navigate to the dice game section to find games you enjoy playing.
No crypto casino would be complete without offering many poker games. You can find it all at the best sites accepting bitcoin deposits, from live dealer games to video poker.
Like other online casino sites, software providers are responsible for the games. Below are some of the top providers in the industry:
When gambling at crypto casinos, you need to think about your safety. While all of the casinos on our recommended list are safe to play at, there are a few extra things you can do to protect yourself when gambling with bitcoin.
The team at Casinocrawlers is excited about the world of bitcoin online casinos and crypto casino sites in general. We love how bitcoin casinos offer great games while providing simple banking options for players in New Zealand. Bitcoin makes it easy for Kiwi players to transfer funds to a crypto casino securely and quickly.
An online bitcoin casino will help people fund their accounts in moments, as it is quick to transfer bitcoin to and from one of these websites. The free spins and other exclusive bonuses you can enjoy at a BTC casino are also excellent. Don’t forget about the vast assortment of bitcoin games you can play, from slots and table games to live dealer games.
Be sure to look at what bitcoin casinos offer and what bonuses are available to Kiwi players. Refer to our listing of the best bitcoin casinos to see what’s available and what you can enjoy.
Most bitcoin casinos are legit, and we only ever recommend legitimate sites. The casinos on our list offer provably fair games and have licenses from gambling authorities like the UK Gambling Commission or the Malta Gaming Authority.
After you deposit your money with a bitcoin casino, the casino will convert that money to New Zealand dollars or casino money. All your wagers will be based on the casino currency of choice. You can convert your NZD back to BTC when you withdraw your funds.
A bitcoin transaction will succeed if you provide the proper QR code or address and use the right amount of money. The success rate for a bitcoin transaction will be greater than a bank transaction, as bitcoin uses a peer-to-peer approach with no go-between.
A bitcoin casino will not charge fees for transactions, but your bitcoin wallet might charge something. Check the terms of your wallet for details.
Bitcoin is by far the most popular cryptocurrency an online casino can use. Some casinos accept other currencies like Ethereum, Bitcoin Cash, and Litecoin.
You can purchase bitcoin through a cryptocurrency exchange. You'll need an e-wallet to facilitate the transaction and a payment method to fund your bitcoin acquisition.
Yes, you can use bitcoin to make bets on sports games. Most crypto casinos have a betting section where players can make bets.
Yes, there are usually welcome bonuses available at bitcoin casinos. You may need to make a minimum deposit and complete the wagering requirement to claim this welcome bonus.
Noah Adams has a Masters in journalism from the university of Canterbury. He has held job positions in various media companies in New Zealand such as Bauer Media Group, The New Zealand Herald and TVNZ. Noah has for the past yea... Read more about the author