Our list includes only trustworthy casinos which, among other currencies, provide you with the opportunity to make deposits and withdraw winning in Bitcoin.
Is the use of Bitcoin in any way different from other currencies?
You need to have some Bitcoin in an e-wallet to use it for transactions with an online casino or, if you don’t have any, you need to purchase some from a special trading platform and choose crypto as a payment method at a gambling site. When you see crypto in your casino account, you may start playing.
Are any fees charged for BTC?
BTC can be received with no fees. As for methods of depositing or withdrawing money in Bitcoin, players may be charged a small fee for transactions. In fact, it’s more advantageous to play for BTC than any other currencies at online casinos.
BTC winnings – how to withdraw them?
You certainly want to grab everything you’ve managed to win, and at this moment you realize how convenient Bitcoin is for this purpose.
Using BTC, you can withdraw huge amounts of money in a single transaction and get them as fast almost as a lightning! Compared to other methods, when you’re asked to wait for longs hours or days, with BTC you receive the winnings within 1 hour.
Please, note that you have to use the same currency for withdrawing, you have chosen for making a deposit.
Advantages of Bitcoin online casinos
Most people who use BTC note that the greatest thing about crypto is zero conversion fees. Besides, you remain anonymous and absolutely safe when choose Bitcoin for transactions. This currency is ideal for online gambling.
BTC does not depend on banking procedures and long procession periods.
Pros and Cons of Bitcoin
So, let us now name the main advantages and disadvantages of using Bitcoin at online gambling sites.
Advantages:
- You maintain anonymity and stay secured – this fact is crucial for many players
- It’s simple and very quick – with no banking operations included, Bitcoin transactions as fast as a lightning compared to conventional methods of payment.
Disadvantages:
- It’s up to a casino, what amount to charge for Bitcoin transactions. This rate is not regulated by any agencies.
- Bitcoin remains highly volatile and it’s the main problem – it can grow in value really fast and, on the contrary, drop down. These processes are hard to predict and they come unexpectedly.
Meantime, online casinos tend to provide amazing bonuses in Bitcoin. Do not miss great welcome bonuses for first-timers.
If you choose Bitcoin for online gambling, do not experiment with poorly known sites. Trust only licensed casinos whose confirming documents are publicly available and having dates and numbers.
Stay away from those casinos that hide this important information. You are likely to have more disappointment than pleasure and good winnings in this case. Note, that the majority of BTC casinos are licensed in Curacao, if this fact makes you hesitate, pick another method of payment.
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