Casino Bitcoin Online
Casinos with Bitcoin
Using Bitcoin With Online Casinos
Bitcoin is the world’s leading cryptocurrency. In a few words, a cryptocurrency is a digital asset serving as a medium of exchange. This is essentially what bitcoin is all about.
When it comes to Bitcoin Gambling, as well as gambling on the Internet in general, there are many legal grey areas. The majority of countries in the world currently have no restrictions against online gambling with the cryptocurrency Bitcoins. Select bitcoin as a payment method and follow the instructions given by the casino website. This will generally be a simple process of adding a bitcoin ‘address’ from your wallet, into the form on your casino website. That is normally all that is required. Bitcoin casino onlineIn this post I’ll bitcoin casino online review the top Bitcoin casinos around and also explain what’s important to check before choosing a casino Best bitcoin casino ever!
The particularity of Bitcoin is that it is a peer-to-peer monetary system; individuals can transfer money without the need of a third party such as a bank.
The bitcoin story started when the “bitcoin.org” domain was registered in 2008. The first bitcoin network was created in January 2009, by an enigmatic individual called Satoshi Nakamoto. In less than 10 years, bitcoin has developed to become a fully fledged alternative to traditional currencies, despite its decentralized organization.
More and more online shops, casinos and trading platforms are starting to accept bitcoins. This article will analyze how to pay with bitcoins and weigh the pros and cons of this payment option.
How To Start Using Cryptocurrency
Paying with bitcoin requires the creation of a Bitcoin Wallet. This wallet will act as a typical e-wallet on which you will be able to deposit and withdraw funds.
On the Bitcoin website, you will be given the choice between four different types of wallets:
- Desktop
- Hardware
- Mobile
- Web
For the purpose of casino gambling and online shopping, our team recommends creating a web wallet.
They do not require the download of any software and can be accessed from any computer. Many players will find this type of wallet quite practical!
After having created a wallet, you will need to purchase bitcoins to be able to carry out transactions. To do so, you will have the choice between many different options:
- Your very own Bitcoin Wallet: the bitcoin wallet interface allows its users to purchase bitcoins directly.
- Bitcoin exchanges: Some online and physical shops allow you to trade Bitcoins for other currencies and vice versa.
- OTC (Over the Counter): Bitcoins can also be exchanged between two consenting parties at a pre-specified price.
- Specialized ATMs: In some countries and cities, you will be able to purchase bitcoins on specialized ATMs.
- Mining: Bitcoin mining is essentially solving math problems in exchange of bitcoins.
Here also, we recommend the first option. Purchasing bitcoins from your wallet is usually the most efficient way to obtain bitcoins and start playing right away.
How To Deposit
Yes, bitcoins are fascinating in themselves. But many casino players will actually find depositing and withdrawing funds with bitcoins quite useful.
Today, only a handful of online casinos accept bitcoins as payment method. However, following a recent trend, more and more brands are starting to seriously consider using “the currency of the future”.
Both deposits and withdrawals are extremely easy. With your bitcoin wallet, you will be able to transfer funds to and from a casino just like any e-wallet.
Select bitcoin as a payment method and follow the instructions given by the casino website. This will generally be a simple process of adding a bitcoin ‘address’ from your wallet, into the form on your casino website. That is normally all that is required.
Advantages
- Speed: Bitcoin transactions are quasi instant.
- Security: One of the reasons bitcoin has become the world’s leading crypto-currency is its extremely secure payment interface.
- No Third Party: As opposed to many e-wallets, bitcoins do not require the involvement of any third party (bank, e-wallet platform…).
- Anonymity: Bitcoin transactions are fully anonymous.
- No Fees: Powered by block-chain technology, bitcoin payments are usually exempt from any fees.
Disadvantages
- Value fluctuation: One of the main issues associated with Bitcoin payments is that the value of this currency fluctuates. This could also be seen as an advantage, who knows, the bitcoin might rise again..
- Taxes: Because the value of bitcoin fluctuates, some governments might require bitcoin users to pay specific taxes.
- No Cancellation: As opposed to credit card transactions, bitcoin payments are irreversible and cannot be cancelled.
Conclusion
All in all, bitcoin is a very promising method of payment thanks to fast payments, a secure interface, anonymity and low fees. Even if the set-up could be scary, the bitcoin website is very well crafted and in less than a few minutes, you will be able to understand the concept of bitcoin, set up a wallet and start depositing in your favorite bitcoin casino.
FAQ
Which online casinos accept Bitcoin?
Use the list of Bitcoin casinos to see all online casinos that accept Bitcoin payments.
Bitcoin News
Bitcoin has emerged as the currency of choice for online gambling and betting due to several factors, of which anonymity and privacy are perhaps the most important ones.
Online gambling is restricted or heavily regulated in many countries which creates a problem for users who want to bet using credit card or other methods as the payments made to online casinos can be easily tracked.
Bitcoin (and other cryptocurrencies) comes to the rescue of such users as it allows one to make anonymous purchases and being a cryptocurrency there is no way for the national governments to control Bitcoin.
Due to these and other features Bitcoin is fast emerging as the preferred currency for online gambling and betting, and more and more online casinos have started accepting Bitcoins.
In this blog post, we’ll discuss 20 online casinos that accept Bitcoins.
BitStarz:
BitStarz Casino comes at the top of our recommended list as the company was one of the first major players formed with the idea of using Bitcoins as a currency for online gaming.
BitStarz Casino is registered in Curacao and as such is regulated by the Government of Curacao. Site has been rated as provably fair and offers a generous welcome bonus.
mBit:
Bitcoin Online Casino No Deposit Bonus
mBit Casino was launched in 2014 and is licenced and regulated by the Government of Curacao. mBit casino is powered by SoftSwiss, which is considered as the premium gaming software provider for Bitcoin casinos.
In addition to some of the most popular gaming titles provided by SoftSwiss, numerous 3D games are the main attraction of this Bitcoin casino.
FortuneJack:
FortuneJack was launched in 2014 as a Bitcoin only casino which allows users to play only using Bitcoin and other crypto currencies.
The company is backed by entrepreneurs with decades of experience of running online and offline casinos. The company is regulated by Government of Curacao as FortuneJack holds a gambling licence from Curacao.
Loki Casino:
Loki Casino is another popular casino which accepts Bitcoin along with other fiat currencies.
Loki has adopted a hybrid approach and accepts both crypto currencies and traditional currencies which gives them access to a larger market as casinos which use only traditional currency or crypto currency are just limited to either of these 2 types of users.
The casino was launched in November 2016 and is one of the newly launched casinos on our list.
Golden Star Casino:
Golden Star Casino is another hybrid casino on our list which accepts both the traditional fiat currencies such as USD, EUR and Bitcoin.
Golden Star Casino has been around since 2012 and is considered one of the top casinos in the Bitcoin space. Golden Star has a huge collection of video slots which include some of the popular titles developed by their partners like:
- Starburst Slot,
- Dead or Alive Slot and
- Blood Suckers Slot.
Players can also choose from several variants of table games such as Blackjack, baccarat, Roulette along with the huge video poker collection offered by the site.
Crypto Games Casino:
Crypto Games casino as the name suggests is a crypto currency only casino which was launched in 2014 and is licensed by Government of Curacao.
In addition to Bitcoin, Crypto Games casino also allows users to deposit and withdraw funds using Ethereum, LiteCoin, GridCoin, and PeerCoin.
Although, the gaming options at this casino are a bit limited as the site offers few games to choose from.
7Bit Casino:
7BitCasino is a hybrid casino which accepts both the Bitcoin and other traditional currencies which has been operating since 2014.
It’s licenced by the Government of Curacao and is considered a top-notch bitcoin casino due to its generous starter bonus, huge collection of 500+ slot games sourced from leading providers of digital casino games such as NetEnt and Betsoft.
1XSlot Casino:
1XSlot Casino is a new casino which was launched in 2017. 1XSlot accepts Bitcoin along with Euros, Russian Roubles, US Dollars and British Pounds.
1XSlot also has hundreds of slots to choose from along with a 100% matching bonus on first deposit.
Megawins:
Megawins started its operations in 2016 and has been able to carve out a niche for itself in the Bitcoin casino space in this short amount of time.
Megawins operated under a Curacao licence and at present users from United States, United Kingdom and Spain are forbidden from this site.
Bitcoin Games Casino:
Bitcoin Games Casino was launched in 2016 and offers 7 types of casino games with multiple variants of each game. The site is licenced and regulated by the Government of Curacao, a leading jurisdiction for online casinos sites.
Unlike other online casinos, Bitcoin games has decided to go on its own and as such the site currently doesn’t offer titles from any other gaming provider.
Instead, users can choose from several variants of the following games provided by Bitcoin games site:
- Roulette,
- Blackjack,
- Craps,
- Slots,
- Keno,
- Video poker and
- Dice games.
TonyBet Casino:
TonyBet Casino is a leading player in the European casino and gambling space.
The site was launched in 2009 and the company at present is licenced by UK Gambling Commission, Estonian Tax and Customs Board and Danish Gambling Authority.
TonyBet offers several types of casino games which include some of the most popular titles sourced from their partners NetEnt and Microgaming.
They also accept several other currencies in addition to Bitcoin and the site is known for its excellent customer service with fast responses to user’s problems.
BTC Casino:
BTC Casino was launched in 2015 with a licence from Curacao. BTC casino offers a huge collection of all types of casino games sourced from their partners such as Betsoft, Novomatic, NetEnt, Endorphina.
Users from all countries are welcome at this site and the website is also available in 4 languages.
At present, the site only accepts Bitcoin as its sole currency for deposits, playing and withdrawals.
BetBit Casino:
BetBit Casino is a new bitcoin casino, launched in 2017. BetBit is licenced and regulated by Malta Gaming Authority and is one of the few Bitcoin casinos with a Maltese licence.
BetBit offers users a wide choice of slot games sourced from PlayPearls and as a crypto currency only casino users can play only using Bitcoin.
Betcoin Casino:
Betcoin Casino was launched in 2013 and operates under a licence from Costa Rica. Betcoin offers a choice of more than 400 casino games sourced from Betsoft, Endorphina, Ezugi, GameART.
As a crypto casino, it only accepts Bitcoin which is the sole currency for making deposits, playing games and withdrawals at this casino.
AdmiralSpot Casino:
AdmiralSpot is a new hybrid casino launched in 2017 which supports Bitcoin along with other fiat currencies. Users have access to some of the most popular gaming titles sourced from Wazdan.
The website is available in multiple languages and the company has seen tremendous growth in its user base since its inception just a few months ago.
AdmiralSpot has a huge collection of video slots which tend to differentiate it from other similar bitcoin casinos.
LuckyStar Casino:
LuckyStar Casino was launched in 2016 and has made a name for itself in the online gambling space in the short amount of time since the company started its operations.
LuckyStar offers hundreds of games to its users, sourced from industry leaders such as Betsoft, Evolution Gaming, Microgaming, NetEnt, and iSoftBet.
FairGo Casino:
New Online Bitcoin Casino Usa
FairGo Casino was launched in 2016 and operates under a Curacao licence. FairGo accepts several other currencies depending on the location of a user in addition to Bitcoin.
FairGo offers several titles sourced from their partner Realtime Gaming which is known for its huge collection of slots and progressive jackpot games.
FairGo offers the following titles from RTG: Green Light, Hillbillies Cashola, Megaquarium
Megasaur in addition to several variants of Baccarat, Blackjack and Roulette. Other games offered include several popular video poker games such as:
- Deuces Wild,
- Joker Poker,
- Sevens Wild etc.
BetMania Casino:
Betmania is one of the oldest online casinos online which was launched in late 1990s. The company operates under a Costa Rican licence with a sportsbook, racing and casino combined under 1 single website.
Casino section of Betmania offers several slots, roulette, card games, video poker and other titles sourced from their technology partners. Betmania accepts several currencies including Bitcoin.
Bitcoin Rush Casino:
Bitcoin Rush Casino is backed by Crypto Gaming Inc. a panama based company which also holds a gaming licence from the Government of Panama.
The site originally launched in 2013 as Casino Bitco and has undergone a redesign and a change of name since then.
CoinBet 24 Casino:
CoinBet 24 casino offers hundreds of slots, video poker and other games sourced from Betsoft and SoftSwiss, both of which are considered market leaders in the Bitcoin gaming space.
CoinBet 24 was launched in 2015 with a licence from Curacao and is considered as one of the best Bitcoin casinos. Users can choose from a huge collection of slots and table games which include several variants of:
- Blackjack,
- Baccarat,
- Roulette and
- Live Dealer games. (see how to play live poker here)
The site also has all the popular video poker games like:
- All American,
- Deuces Wild,
- Jacks or Better,
- Joker Poker and
- Multi hand Bonus Poker.
Closing Words
Thanks you of reading our list of the top 20 online casinos that accept Bitcoin.
We are very excited to see the cryptocurrencies of the world slowly becoming integrated in the every-day lives of people and online gambling enthusiasts.
If you’d like to know more about how to buy Bitcoin and how it will be the currency of the future, be sure to see detailed bitcoin guides BiteMyCoin.com.
Talk soon.