Bitcoin is the first cryptocurrency ever launched. When the world received its first digital currency, it was welcomed in a skeptical manner. However, now it has gained immense traction to be the number one crypto globally.
If you have ever used Bitcoin before for other things, you must already know it is so simple to use. And due to this, many online casinos have started including this option for deposits and withdrawals.
The usage of Bitcoin was limited at online casinos. This was mainly due to the uncertainty that users had around cryptocurrencies. However, after the 2018 crypto boom, many users understood its importance and started buying.
Online casinos, too, opened their doors to allow swift Bitcoin transactions for gaming on their platforms. At this point, the gambling sites provided both options of gaming with FIAT currencies and Bitcoin. Further, the increase in access to online casinos in 2020 (during the COVID19 pandemic) brought dedicated Bitcoin online casinos to the market.
Now there are several Bitcoin online casinos where you can gamble just with cryptocurrencies. The trust and reliability have increased in crypto and casinos with Bitcoin over the years.
Bitcoin transactions are not just instant but also secure. Even if you are new to this, you can learn to use it at online casinos in a few minutes.
So, stay with us for more info on Bitcoin online casinos.
Bitcoin casinos are indeed worthy of accessing. But it has its share of pros and cons. Let’s talk about them below:
+ Offers faster transactions through Bitcoin
+ You can make private transactions without sharing banking details
+ The cutting out of middleman in the transactions help save on transaction fees etc.
+ Easy national and international transfers possible via Bitcoin
- Not accepted at all online casinos
- Must be very careful about destination address while making Bitcoin transactions
It is pretty simple to deposit Bitcoin to play at online casinos. We will explain to you everything in detail on how to get started at the Bitcoin online casino.
We suggest you take a look at the list of casinos online with Bitcoin we have created. You can begin by choosing the best online casino that accepts Bitcoin. Then follow the below-mentioned steps.
Once you have chosen the Bitcoin casino, visit the site. Then click on ‘Register’ to open an account on that platform. Enter the required details like full name, mobile number, email id, create a password, etc, to sign up.
After your account is created, click on the Deposit option. View all the deposit options in the casino. Then choose the Bitcoin.
In the next step, you will be prompted to enter the deposit amount. Add the amount you wish to deposit and play. Ensure to mention an amount that is greater than the minimum amount allowed for deposit.
Next, you will be redirected to a new window containing the Bitcoin transaction info of the casino. The data includes the Bitcoin address and the Bitcoin amount you have to deposit. Copy the Bitcoin address.
Then open your Bitcoin wallet and paste the address copied in the previous step. Also, enter the deposit amount from the previous step. Confirm and deposit. Copy the transaction ID if generated.
Go back to your casino account. Use the transaction ID from step5 and paste it here to confirm the successful deposit. Some casinos do not have this last step. They directly confirm the deposit after step 5 automatically.
Here are some important tips users must follow to ensure secure deposits with Bitcoin at online casinos:
Withdrawing at casinos with Bitcoin is as simple as depositing. You just have to send a withdrawal request and wait for a few hours to receive your winnings. If you opt for other FIAT transactions, it generally takes 1 to 7 days for the amount to reach your account. However, with Bitcoin, it is much faster and more convenient too.
Here is how you can send withdrawal requests at casinos with Bitcoin:
Start by logging into your Bitcoin casino account. Enter your login ID and password to enter your casino account.
Then select the ‘Cashier’ to go to the banking page.
On the Payments page, select the withdrawal and click on Bitcoin.
You will be redirected to the new window. Enter the Bitcoin withdrawal address and amount. You have to copy the Receive address from your Bitcoin wallet and paste it into the withdrawal address space. This way, you will get the amount credited to your wallet address.
Finally, click on withdraw to send a withdrawal request to the casino.
There are some important things that you need to know before you send the withdrawal request. These include:
Till now, we have covered most of the things that a punter should know while making transactions at casinos that accept Bitcoin. Here are some other points that usually a punter is concerned about while depositing and withdrawing at the gambling sites.
Usually, casinos do not charge any fees on deposits. Some casinos charge small fees to process withdrawals. However, we encourage you to check with the casino customer support to confirm it.
Compared to FIAT currency transactions, Bitcoin Casinos offer faster and easier deposits and withdrawals. This is because there are no third parties (like banks, e-wallets etc.) involved here. So, the deposits are processed instantly, and the withdrawals take around a few hours.
That being said, it sometimes varies from one platform to another. Visit a particular gambling site to learn more about it.
This varies from one gambling to another. If you consider signing up at Nomini Casino, the minimum deposit and withdrawal limit is ₹900 worth of Bitcoin. Likewise, the max limit is ₹400,000 worth of Bitcoin.
But if you opt for another Bitcoin casino, these limits might vary.
You might be wondering if it’s safe to make transactions using Bitcoin. To be fair, your concern is right. However, literally, millions of people use Bitcoin and other cryptocurrencies for various online transactions. Even at online casinos, the punters use Bitcoin to play.
So, you need not worry about anything going wrong. We also suggest you take some safety measures to ensure safe Bitcoin deposits, withdrawals, and gambling.
We take pride in helping our readers with top Bitcoin online casinos. Our team considers various factors before deciding on the best casinos for you. Here is how we decide if the Bitcoin casino is worth gambling at.
Bitcoin is a revolutionary method of transaction. Online casinos, too, are considered one of the best innovations of this era. Combine both these to experience the best of the digital world.
Bitcoin transactions at online casinos are super-fast and easy compared to FIAT transactions. Also, Bitcoin casinos generally offer Provably Fair Games. These games let you check if the results of each game round are fair or not. This option is not available at all online casinos. Only an online casino with Bitcoin has it. So, try it out!
Here we have gathered some of the common queries generally users have concerning the casinos with Bitcoin.
