The Top Casinos for Bitcoin Gambling
More online casinos are making it easier for players to indulge in real money gambling. That’s by offering several methods on their sites to facilitate payment processing. These are all renowned options, including credit and debit cards, eWallets, prepaid cards, and even bank transfers.
However, some payment methods have more benefits for their users than others. An example of this is cryptocurrencies.
Although this is still a fairly new option on gambling sites, it’s a payment method with several perks. Apart from offering one of the safest ways for gamblers to transact online, it enables players to quickly fund their accounts and receive payouts.
That’s because there aren’t any third-party companies involved in these processes. As a result, you also get to enjoy very low to no transaction charges for your payments. That’s regardless of the amount you’d like to transfer or receive.
If this is something that appeals to you, then read on to find out more about how to start using Bitcoin for gambling. Besides laying out the necessary steps for beginners, we also list the sites where you can use them. That way, you can quickly start enjoying yourself on legitimate gambling sites accepting crypto payments.
Large slots and lottery selection
Massive amount of cryptos accepted
Good selection of games
Simple and nice website
Casino accepts players from many countries
Good selection of game providers
Wide variety of live dealer games
Live chat support is available 24/7
Huge selection of game providers
Live dealer games are available
Live chat support is available 24/7
Massive selection of games including wide variety of live dealer games
Live dealer games are available
Live chat support is available 24/7
Nice website
Many types of games
24/7 Customer support
Good selection of games
Live chat support is available 24/7
Website is translated into many languages
High withdrawal limit
Massive selection of games
Good selection of game providers
Multiple currencies in one account
Simple and clean website design
Live chat support is available 24/7
Good selection of games
No restricted countries
No withdrawal limits
Good selection of games
No withdrawal limits
Live chat support is available 24/7
High withdrawal limit
Live chat support is available 24/7
Modern website
Live dealer games are available
Good selection of games
Live chat support is available 24/7
Casino accepts players from many countries
Live chat support is available 24/7
Live chat support is available 24/7
Good selection of games
Good selection of games
Live chat support is available 24/7
Good selection of games
No restricted countries
Live chat support is available 24/7
Huge selection of game providers
Live chat support is available 24/7
Massive selection of games
Massive selection of games
Exclusive slot games
Bitcoin value cashback
Instant transfers & near zero fees through BTC lightning
Fully anonymous
One-click registration
How to Deposit and Withdraw with Cryptocurrency
If you’re new to using cryptocurrencies like Bitcoin for your gambling, don’t worry. There are just a few steps necessary before you can visit your chosen casino to start enjoying yourself.
First, get a crypto exchange site you can trust. There are several legit exchanges whose reputations you can verify online. Register with them and buy bitcoins once your account’s been verified. This process doesn’t take long since you only provide details, like your name, email, and password.
Once you’ve bought your bitcoins, you’ll need to get a crypto wallet. That will enable you to transact with your chosen gambling platform. Most crypto exchanges also have wallets that members can register to use. But, to enhance your funds’ safety, you should get a crypto wallet from a different company.
Find a legit brand and register for your account online. When you’ve completed that step, you can then transfer your bitcoins to it from your exchange account. You’re now ready to start looking for a casino to join. You can use our recommended casinos to give you an easier time finding a suitable site since each comes with a detailed review of what you’ll find.
How to deposit
Once you’ve found the platform you want:
- Register your player account by filling in the sign-up form with the requested details.
- Navigate to the banking section and click on the ‘deposit’ option
- Select ‘Bitcoin’ from the list of payment methods.
- The casino’s crypto wallet address will be displayed. Copy it and navigate to your Bitcoin wallet payment gateway page.
- While there, paste the address you copied and input the amount you’d like to deposit.
- Confirm the transaction and wait for the funds to get transferred. That should only take a few minutes.
Remember to always copy the casino’s address rather than trying to type it. That’s because you cannot reverse any Bitcoin transactions.
How to withdraw
After you’ve enjoyed yourself and you’re ready to make a withdrawal, the process is almost similar to making a deposit. However, start by copying your Bitcoin address from your crypto wallet. Then:
- Log into your online casino account and go to the banking section.
- Click on ‘withdraw’ and select ‘Bitcoin’ from the listed methods. Check the limits to ensure the amount you need falls within that range.
- If you have enough funds, paste your Bitcoin address into the appropriate field and input the amount you’d like to withdraw.
- Double-check the details you’ve entered before confirming the transaction.
Depending on your chosen platform’s withdrawal policy, you can expect your funds to arrive almost instantly or within a maximum of about three days.
Pros and Cons of Bitcoin Gambling
For a brief look at what you can expect when gambling with Bitcoin, here are the most notable crypto advantages and disadvantages.
Pros
- Both deposits and withdrawals get processed almost instantly
- Transactions are anonymous since no banking details are requested
- You can manage payments on mobile through Bitcoin wallet apps
- Get top-notch security with all payments
- There are minimal to no transaction fees charged
Cons
- Not yet available on many gambling sites
- Learning how to use it may take time
- Bitcoin is volatile and can change at any time
- Since it is a digital currency, if the system crashes, then you risk losing your cryptos
Other Gambling Cryptocurrencies
Since Bitcoin’s launch in 2009, several other cryptocurrencies have been created. At the moment, there are more than 6,400 options available. But, not all of these can be used for online gambling activities.
For your casino gaming, some of the options you can rely on include:
- Ethereum (ETH) – launched in 2015 and using Ether as its currency, this crypto option ranks second after Bitcoin, guaranteeing it’s just as convenient for online gambling as Bitcoin.
- Litecoin (LTC) – created by Charlie Lee and launched in 2011, Litecoin is an option you’ll find at several online casinos. Due to its faster block generation rate, transactions tend to happen faster than with Bitcoin.
- Bitcoin Cash (BCH) – a split from the original Bitcoin chain, Bitcoin Cash launched in 2017. It allows users to work with smaller amounts per token and faster transaction speeds than Bitcoin.
- Tether (USDT) – also known as one of the most popular stable coins, Tether attaches itself to the USD to reduce its volatility in the market. It’s currently ranked as the fifth-largest crypto globally, making it ideal for players that don’t like crypto price fluctuations.
- Monero (XMR) – launched in 2014, Monero uses ring signatures to help keep transactions anonymous, which is ideal for online gambling environments.