Modern technology does not stand still: as technology develops, so do the algorithms that make it work. Now such algorithms are reaching a completely different level. Thanks to them, cryptocurrency was created. The same modern algorithms made it possible to create an honest casino and gambling. And the time came when specialists combined casinos and cryptocurrency to get a more stable and honest way of gambling.
But at the same time, there are still cheaters who want to cash in on your entertainment without an opportunity for you to win. To avoid this, you should carefully choose the platform for such games. Our team of professionals has done this job for you. On our site, you can find the top of the best bitcoin gambling games that we have carefully checked and made sure are licensed and honest. But how do I start playing? How to make a deposit? Now we will tell you everything.
How do we rate bitcoin gambling sites
The first and most important step before starting any game is to check the gambling establishment itself. Our specialists have already taken care of this to save you time and financial resources. So you can safely go to any of your favorite institutions on our website and be sure that you will not be cheated. Here are our criteria for checking each of the sites.
Safety and Licensing
The main aspect of the check is safety. This is a prerequisite for any inspection because it is our reputation among other things. All platforms on our site are one hundred percent transparent and safe. All have a license and permission from the special authorities controlling gambling establishments. So you can not doubt their privacy and security.
Site Design
An important aspect is the visual component of the site. The main parameter is simplicity and intuitiveness. It is much more pleasant to see a nice picture and a clear interface than to dig around on the site in search of the right game or information.
Customer support
Just as important as customer support. Often may arise from customer disputes or questions to the representatives of the gambling establishment. To avoid unpleasant situations, we carefully checked the work of the player support department of each site and can say with confidence that they will answer any of your questions and help solve all problems.
Bonuses and promotions
A nice addition to any online gambling establishment is bonuses. This is an integral part of an advertising campaign to attract new customers and encourage old ones. All of our recommended sites have an acceptable bonus policy. We recommend subscribing to the mailing list of favorite gambling establishments that do not miss a good opportunity to play for free.
How to deposit and withdraw with cryptocurrency
Once you’ve chosen your gaming platform, you need to figure out how to buy cryptocurrency, fund your account and withdraw your winnings. Let’s go through it in order:
Opening an account
- To be able to pay, you need to open an account on an online platform. There you will need to go through a brief registration and verification. After that, go to the Cashier section.
- Then you need to select Bitcoin as a payment method in the payment section to get your unique web account address.
- Now you need to go to your e-wallet, where your bitcoins are stored, and insert the link of your unique web address to send the coin.
- After that, choose the desired amount of the transaction and enter it into the box on the screen and confirm the payment.
- Wait about 5 minutes and your funds will be available for use in the game.
Now your money is on the account in the gambling site of your choice and you can safely start playing. If you win, you will need to withdraw your funds to your e-wallet. Here is a guide on how to do it correctly.
Withdrawal of funds.
- First, you need to go to the cashier’s desk of your casino.
- After that, choose bitcoin as your payout method.
- Now you need to generate a unique address for your bitcoin e-wallet.
- Now paste this address into the appropriate section on the online casino website and make sure you meet the full withdrawal requirements.
- After these steps, simply withdraw the coins and enjoy your winnings.
Pros and Cons of Bitcoin Gambling
If you have already understood how cryptocurrency gambling works, but are still hesitant and do not know if you want to play or not, then let’s break down the main pros and cons of such games.
Let’s start with the pros:
Instant transactions
You no longer have to wait for hours for the money to arrive in your account. With the advent of bitcoin in gambling, the transaction speed has increased from a few hours to a few minutes.
Total Anonymity
If you are worried that when you play or make transactions your money can be intercepted by criminals or your personal information will be disclosed, then do not worry, because all the gaming platforms presented on our website will give you one hundred percent anonymity and confidentiality.
Bitcoin wallets are available as mobile applications
If you want mobility, e-wallets can provide you with it. You have a great opportunity to monitor your finances from anywhere in the world and from absolutely any device. Just install your wallet application on your smartphone or tablet and you will always be aware of how much you have won and how many coins you have left.
Bitcoin wallet provides a high level of security
You can not worry about your funds because modern e-wallets offer advanced encryption systems and thanks to them not a single attacker can break into your purse and withdraw your money or coins.
No transaction fees
The lack of transaction fees is an unquestionable plus. Most banks charge a fee for withdrawals and deposits. That’s not how it works with cryptocurrency. Regardless of the transfer amount, the transaction fee will always be zero. That’s why it’s much more pleasant to withdraw your winnings in cryptocurrency because you can do it without losses.
But nothing is perfect, so now let’s go over the minuses of such gambling games:
Novelty
Relative to conventional monetary transactions, this is a fairly new and untested currency that may not be stable. But still, millions of users prefer to pay in bitcoins rather than cash.
Difficult to understand
Many users are afraid to use bitcoin because they don’t understand its origins and think that it is something illegal. But this is not the case. There are many articles on the internet, which will tell you how bitcoin appeared and why you should not be afraid of it, because now it is the same currency as dollars for example.
Lack of stability
Many people do not trust bitcoin because of its unstable rate. But despite these periodic fluctuations, it remains one of the most popular ways of payment in the world at the moment.
The possibility of losing access
If you suddenly forget your e-wallet password, you can lose access to your resources forever. But this is a disadvantage not only for cryptocurrency but for any online payment in general because without a password you won’t have access to the system. That’s why we recommend choosing your password carefully and never losing it to avoid unpleasant situations.
Other Gambling Cryptocurrencies
Bitcoin is the most basic and popular form of payment and is generally a coin in the world. But let’s look at alternatives to Bitcoin.
Ethereum
Ethereum is a very convenient cryptocurrency because it can be exchanged for fiat money, Bitcoin, and other cryptocurrencies. Ethereum is used by various organizations such as Microsoft, IBM, and JPMorgan Chase. The advantage of this cryptocurrency is the ease of purchase because with Ethereum you keep your funds in your wallet and no third-party services are needed. Your wallet must be crypto-protected – this increases the security of use.
Bitcoin Cash
Bitcoin Cash, which appeared much later than Bitcoin, has similarities with it. However, Bitcoin Cash processes transactions with lower fees and provides them with less processing time than Bitcoin. This cryptocurrency is supported by many popular wallets. Also, Bitcoin Cash is supported by various exchanges, so it is very easy to sell it if needed.
Litecoin
Litecoin is an altcoin that appeared in 2011 and was developed based on Bitcoin, taking into account its disadvantages. In Litecoin the transactions are faster than in Bitcoin. This cryptocurrency is supported by many wallets and efficiently uses CPU for calculations, which positively affects its buying and selling.
FAQ
Can I fund my online casino account with bitcoins?
You can fund your online casino account with bitcoins. You first need to open an account in the online game and go to the cashier section of the website. After that, select Bitcoin as a payment method. Next, your unique web address for your account will appear on the screen. Go to your bitcoin wallet and enter this address to send the bitcoin. It remains to enter the amount and confirm the transaction.
Is it safe to use Bitcoin?
Bitcoin is a secure and confidential cryptocurrency. The system can track the movement of bitcoins from address to address.
How fast are Bitcoin transactions at online casinos?
The upside of gambling with Bitcoin is that transactions are instantaneous. Once deposited, funds will be available within minutes.
Will there be any fees on bitcoin transactions?
There are no fees on any coin transactions.