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Online Casino Bitcoin

When Bitcoin and other cryptocurrencies have become commonly used in different industries, gambling companies still rely on more usual means. Even despite the fact that cryptocurrency is supposed to be the safest method of payment from all the available nowadays, the number of casinos accepting bitcoin gambling and making a deposit and withdrawal in any cryptocurrency is surprisingly small.

On our site, you can easily find information about any crypto casino and learn about how it works. We have the list of best participants so that it would be convenient for our users to choose a BTC gambling platform with top level games, services, and the best Microgaming casino bonus offers.

Table of Contents:

  • 🎇 What makes Bitcoin casinos stand out from other gambling platforms?
  • 🎉 Why are these platforms so popular?
  • 💢 What drawbacks you may face when BTC gambling?
  • 💳 What are other cryptocurrencies?
  • ❓ FAQ

What makes Bitcoin casinos stand out from other gambling platforms?

Bitcoin casinos, or those gambling sites that accept other popular cryptocurrencies, attract a lot of clients nowadays. This has some strong reasons that should be taken into consideration when reckoning with the possibility to work with such a provider. Let’s take a short look at the most outstanding and appealing features represented in gambling Bitcoin:

A decentralized means of payment. The fact that BTC is independent of any bank and government guarantees its transparency. Normally, it wouldn’t be impacted by any economic issue in your country. Nevertheless, Bitcoin isn’t a very stable currency, but let’s consider that a bit later.

Fast transactions. That matters a lot for every gamer. No one wants to wait for ages until his or her money is withdrawn. And fast withdrawals are what you will have working with Bitcoin casinos. Thanks to the fact that some platforms accept the online casino PayPal system, the withdrawals will be executed no longer than 20 minutes. Moreover, it will be completely safe.

Higher bonus. As a rule, BTC casinos offer significantly bigger bonus offers. Why is it so? The fact is that Bitcoin transactions are much cheaper for operators. That is why every gamester has a good chance to receive an attractive free perk.

Low commissions. Casinos accepting cryptocurrency payments impose much lower fees and commissions on the clients. Your transactions will be charged with a lower percentage, which means that you’ll get a higher amount.

Bigger winnings. In fact, your winnings will depend on the Bitcoin exchange rate. It may increase in a twinkling of an eye with no reasonable circumstances. So take advantage of it!

Why are Bitcoin Online Casinos so popular?

The main thing that comes to mind when thinking about cryptocurrencies is that they are closely related to progressive technologies. Cryptocurrencies, and Bitcoin especially, are a mainstream staff nowadays. There’s no wonder that casinos aiming to attract a wider audience started implementing this technology. And it works.

One more reason why any gamester will take to the best bitcoin casino refers to the possibility of being anonymous. BTC gambling platforms may guarantee it, which is not quite common for usual gaming sites. Except for having your privacy secured, you can play on these sites no matter where you live and what country you are the residence of. Such casinos work 24/7 providing their services to users from all over the globe. This way you can easily become a gambler.

Bitcoin casino no deposit free spins and bonus codes offers are extremely popular among the customers. Such services significantly increase the chance to make a good bank without a huge risk. Moreover, transactions may not be charged at all. When usual casinos take fees for every single transaction, Bitcoin ones offer free unlimited daily transactions. Thanks to the possibility of immense winning with free slots spins, such an offer is really appreciated.

What drawbacks you may face when BTC gambling?

Although the number of advantages is impressive, let’s admit that nothing might be perfect. Bitcoin casinos are not an exception. That’s why it’s vital to be aware of the possible drawbacks. Here we have the list of the most important cons of this marketplace part:

  • Fluctuating prices. Bitcoin price is very unstable and it can rise or fall every day for no reason. No one can predict what it will be tomorrow or in a week. No one can give a clear answer on how it’s impacted and on what aspects it depends. For instance, you have 0.5 Bitcoin. It might be $10 000 but till the end of the week it may fall up to $5 000 or even less. This is not a real example because we cannot predict its price when you’re reading the article. But such occasions of fast dramatic changes are very frequent.
  • Knowledge. Bitcoin operating is not as simple as you may suppose. You should spend some time learning how to do it correctly. For example, you have to sign up for a Bitcoin wallet. Then, you need to gain some knowledge of how to transfer cryptocurrency to this wallet. All these procedures require some time and patience because everything is digitalized.
  • It’s not widely accessible. Although there is a significant number of clients who would like to work with Bitcoin casinos, the amount of gambling platforms of that time isn’t very large. You have to search for a while to find what you want. We may simplify your task a lot. Our experts have listed the best cryptocurrency casinos so you may examine them and choose the one you like the most. Take your time to study each option and take the most advantage of your decision.

What are Other Cryptocurrencies on Internet Casinos?

Bitcoin is the most popular cryptocurrency but there are casinos that accept others as well. It might be less beneficial for you but still, it’s a cool experience. Moreover, it opens new avenues for you as a gambler.

Bitcoin Cash

This currency appeared as a result of the Bitcoin breakaway that happened in 2017. It’s thought to be more convenient for investors. In addition to that, it has an increased block count. That accepts a higher number of transactions per minute.

Ripple

This cryptocurrency comes in 4th place on the marketplace nowadays. It’s abbreviated as XRP. It seems to provide one of the highest speeds of transactions. The drawback is that XRP doesn’t use blockchain technology.

Litecoin

Litecoin started in 2011. The major benefit of this cryptocurrency is the transaction speed that is higher than Bitcoin one. It’s very commonly used in crypto-based gambling platforms because it’s almost similar to Bitcoin.

Monero

Monero is about to provide the best safety. Privacy is essential when playing in a crypto casino. That is why, if security is the major aspect for you, look for the platforms accepting Monero.

Ethereum

Etherum comes second after Bitcoin in terms of efficiency and popularity. It also performs top-notch security measures. Etherum is about to increase in popularity in a few years so it has good prospects.

FAQ

In what way does Bitcoin casino work?

Playing Bitcoin casino games doesn’t differ a lot from usual platforms. The difference comes when operating this cryptocurrency. First of all, you need to open a Bitcoin wallet and buy Bitcoin. After that, send it to your playing account. You may also be offered to buy Bitcoin from a casino via a third party.

Where can I buy Bitcoin?

You may buy one from a special broker. We suggest relying only on reputable companies. Pay attention to ones that are regulated and licensed by special institutions of your country.

Is it safe?

Bitcoin is safe but you need to be attentive using services to store it. If you store it, for example, on a flash drive, you run the risk of losing Bitcoins together with a flash drive.

Is my privacy secured?

Every cryptocurrency guarantees your anonymity. Nevertheless, you may be required to provide some personal information to the casino. It depends on the platforms you work with.

How can I cash it out?

It’s up to the casino. If it handles direct Bitcoin transactions you can withdraw your winning to the special wallet. Authorization might be necessary. Plus, casinos don’t provide you with the possibility to make a withdrawal on a casino credit card if you have one.

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