Bitcoin and other encryption technologies have brought a parallel economy to the world. Many industries have begun to use them to explore new options and expand their global reach. One of these industries just happens to be the latest popular iGaming segment, namely the cryptocurrency casino. Simply put, some of the best Bitcoin casinos or online gaming platforms either trade only Bitcoins or offer Bitcoin as a payment option, as well as other cryptocurrencies such as Ethereum, Litecoin, and Dash.
Top Online Bitcoin Casinos
Choosing which Bitcoin casino to play at can be difficult. Fortunately, there are many leading Bitcoin gambling sites on the market, including Anonymous Casino, mBit Casino, BitcoinCasino, 1xBit, and Megawins.
With the explosive growth of the Bitcoin casino industry, if you're new to the field, you'll be surprised at the variety of Bitcoin games and casino bonuses they offer.
While some of the top crypto casinos will entertain your nights, others may become your worst nightmares."You don't want to choose the latter. Despite the tons of options, there are some trustworthy factors which might help your choice. Not many top Bitcoin casinos can allure the best customers. See below some significant factors to consider.
The History of Bitcoin Casino
Soon after Bitcoin was first introduced, developers began developing various gambling games based on the cryptocurrency. In the early days, typical online Bitcoin casinos had only one or two games. SatoshiDice and BitKong were among the first games developed for Bitcoin.
As the appeal of Bitcoin games has grown, cryptocurrency casino platforms have emerged. The original platform only provided a limited number of games in this filed. Later, powerful platforms began to emerge, offering a full range of BTC game products. SoftSwiss is one of the leaders in encrypted casino software, and many of the best Bitcoin betting sites run on SoftSiwss.
Over time, some big companies began developing video casino games for Bitcoin. Anonymous Casino is currently the industry leader in offering Bitcoin games for online casinos. These companies offer Bitcoin versions of traditional online casino games, allowing Bitcoin players to experience the joys of traditional gambling games.
Bitcoin Casino Game Reviews
The new Bitcoin casinos, which accept a variety of cryptocurrencies, offer players a variety of popular games to choose from.
Roulette
Online roulette is another popular evergreen game because it's easy to play. After you have chosen a bet you want to try, simply guess the color and number and wait for the ball to stop spinning. Roulette is one of the most popular live online betting games.
Slot machines
Slot machines have long been a favorite of many players in real-world casinos, and Bitcoin casinos won't disappoint. Bitcoin slot machines have become very popular. Also, depending on which casino you use, you can get an extra reward for using Bitcoin, up to 200 free spins.
Blackjack
Any online gamer who wants to play a card game with Bitcoin is in luck, as there are plenty of online blackjack games to choose from at the new Bitcoin casinos.
Poker
There are various versions of the board poker game at the top Bitcoin casinos. This includes games such as Texas Hold 'em.
Sports Betting
While it's not a traditional video casino game, users can use Bitcoin to bet on sports at selected online casinos.
Dice
Many Bitcoin casinos offer dice games which are one of the most common cryptocurrency casino games. Live dealer sic bo is also a popular dice option, which you can find in some online Bitcoin casinos.
Best Bitcoin Casino Bonuses
Most quality Bitcoin casinos offer generous bonuses that allow players to experience an extra layer of excitement outside of the game. Common forms of Bitcoin casino bonuses are as follows:
Welcome Bonus
When you join a new site and sign up for an account, you will receive a special gift and a welcome bonus from the casino. While bonuses may vary from casino to casino, they are usually 100%, with some offering up to 150% as a sign-up bonus. That means if you deposit 0.5 Bitcoins, you might have 1 or even 1.25 Bitcoins in your account.
Some casinos tend to be particularly generous, offering "welcome bonus packages". This bonus will cover your first few plays and add a bigger bonus to your account.
Deposit Bonus
In the new Bitcoin casinos, most popular bonuses are available only for a limited time. Usually, only your first deposit is eligible for a bonus. However, some casinos will give you a bonus every time you deposit a certain amount. These bonuses are generally lower than your welcome bonus rate.
Free Spins
This is a bonus, and this is in almost all crypto casinos offer to their players. The free spin bonus is great because it does increase your chances of winning big, and some sites even offer up to 100 free spins. Most Bitcoin casinos hand out large amounts of freely spinning bonuses on special occasions, while some give out more frequently.
Referral Bonus
Referral bonuses are one of the most popular bonuses. The idea is simple. Every time you successfully invite a friend to a casino, you get a bonus. While some casinos have a limit on the total number of referrals, others offer unlimited invitations.
Are Bitcoin Games Fair and How to Verify?
For a seamless gambling experience, ensuring that one factor remains the same is crucial. Casinos should be fair, which is usually not a problem for reputable casinos. However, if you go to a new online casino, how do you know you're not being scammed?
This goes to a crucial concept in the Bitcoin casino: Provably Fair.
How to Deposit Bitcoin
The biggest obstacle to playing in a Bitcoins casino is how to make the first deposit. While many people think it's difficult to use Bitcoin, it's very easy. First, you need to get some Bitcoins.
The first step is to download and install a Bitcoin wallet on your computer. There are many options, including mobile wallet, desktop wallet, and hardware wallet. We recommend that you use your wallet to buy Bitcoins instead of using an exchange.
After you download and install your Bitcoin wallet, you need to get some Bitcoins. This can be done in three ways. The most common is to buy from a Bitcoin exchange. Coinbase and Huobi are two popular Bitcoin exchanges.
Other options include buying Bitcoins directly from other Bitcoin users or trying to earn them through Bitcoin mining. Bitcoin trading is the fastest way to get Bitcoin, and it's the way we recommend.
For a complete tutorial on how to buy Bitcoin, see our guide on buying Bitcoin. Once you get your hands on some cryptocurrency, you can deposit your money in an online casino.
The process is very simple. Sign up for an account at one of the best online cryptocurrency casinos and log in. After logging in, enter the cashier page and click "Deposit". There, you will select Bitcoin and enter the number of dollars you wish to deposit.
The site automatically converts the amount into Bitcoins and tells you how many Bitcoins you need to deposit. You will also receive a BTC address to send money to. Simply enter your wallet and send Bitcoin to the address to complete the transaction.
Deposits in Bitcoin casinos are fast because most transactions are instantaneous. When you're ready to cash in, the process is just as fast. You can take advantage of the instant withdrawal service in Bitcoin casinos to withdraw money in minutes rather than days.
Is Bitcoin Legal?
There are many questions about the legality of Bitcoin and its casinos. Bitcoin is a decentralized electronic currency. This means that it is not supported or controlled by any government or banking institution.
The decentralized nature of Bitcoin allows many players to play freely in online casinos. Due to American laws, it is difficult for American players to play with dollars in online casinos. But with Bitcoin, you'll see a lot of Bitcoin casinos where you can play.
That doesn't mean, however, that the government isn't trying to cause trouble for Bitcoin users. At any encrypted casino, for example, American players would still have to pay income tax. These taxes apply to any Bitcoin won or acquired, or even to any free bonus offered by a Bitcoin casino. In other countries, there may be restrictions on Bitcoin or Bitcoin transactions.
In some countries, the legal status of Bitcoin is changing. As a result, you may encounter Bitcoin casinos that restrict your access. If you search online casinos with cryptocurrencies for American players, you will find casinos that will block American players. However, there are still many tools that allow you to deposit and play Bitcoin. Keep in mind that this may change in the future.
The Advantages of Using Bitcoin
If you're used to depositing real money in online casinos, you might wonder why you bother trying to deposit Bitcoin in encrypted casinos. Here are a few good reasons to start to play in Bitcoin casinos:
Wide acceptance - Depending on your location, your options for depositing money in an online casino may be limited. Bitcoin is decentralized and not controlled by Banks. This allows casinos to generally accept it.
Low deposit limits - Most casinos expect you to deposit at least $25. When you use a credit card or other payment method, some casinos will require you to deposit $50 or more. The best online cryptocurrency gambling sites allow you to deposit Bitcoin for as little as $5. Sometimes you'll find that the casino only allows you to deposit money for $1, but that's very rare.
Faster transactions - All the best Bitcoin gaming sites will have lightning transaction speeds. Deposits take only up to 20 minutes and most only take place in a few seconds. If you want to withdraw your money, you can get it in a few minutes. In the worst case, it takes 24 hours. The average withdrawal time for real money casinos is between 72 hours and two weeks.
Greater security - What if we tell you that your chances of identity theft are close to zero at the best online Bitcoin casino sites? When you use Bitcoin to deposit and cash in, you take advantage of the blockchain technology. It is theoretically unhackable. You don't have to worry about someone intercepting your data, which makes Bitcoin casinos much safer than standard fiat casinos.
Digital anonymity - Casinos offer significant benefits to Bitcoin deposits and withdrawals over traditional cryptocurrency gambling. First, Bitcoin casino users can remain anonymous. Unlike traditional online casinos, you don't need to connect to your bank account. All you need to do is submit the public address of your Bitcoin wallet.
Trading freedom - Traditional currency-based casinos often set limits and transaction fees on various deposit and withdrawal options. Most of the best Bitcoin betting sites have zero transaction fees and unlimited free daily transactions.
Because cryptocurrency casinos are digital, they are easily accessible to a wide variety of players around the world. If you have any questions, please feel free to contact Anonymous Casino customer support team to discuss how to register. All in all, the Bitcoin casino offers a platform of proven fairness and generous bonuses. It's not surprising when users flock to them for a seamless online gambling experience.
Conclusion
Bitcoin casinos have significant advantages over traditional casinos. First, Bitcoin casino users can remain anonymous. Unlike traditional online casinos, you don't need to connect to your bank account. All you need to do is submit the public address of your Bitcoin wallet.
Second, traditional currency-based casinos typically impose limits and transaction fees on a variety of deposit and withdrawal options. Most of the best Bitcoin casino sites have zero transaction fees and unlimited free daily transactions.
Finally, because the new Bitcoin casinos are digital, they are easily accessible to a wide variety of players around the world. If you have any questions, please feel free to contact the customer support team to discuss how to register.
Bitcoin casinos have attracted players from around the world by offering a proven safe playing ground, with generous bonuses.