Best Bitcoin Gambling Sites
Gambling sites are on the rise because they accept cryptocurrency and other blockchain solutions, and they are famous because they are usually fast and secure. Today, technology advancement has led to the introduction of cryptocurrency in the gambling industry. The platforms are anonymous as the transactions do not require personal or financial information.
Due to many reasons, the popularity of this mode of payment in casinos has significantly grown recently; it has eradicated burdensome regulations of online gambling; it provides an extra layer of protection and allows users to benefit from special bonuses and promotions. This article gives detailed information on these online casinos, their advantages and disadvantages, and how to deposit and withdraw. Also, we will be showing you the factors that make up the best Bitcoin gambling sites.
How Do We Rate Bitcoin Casinos Online?
When choosing a gambling site that accepts this cryptocurrency, there are factors to consider. Hundreds of Bitcoin casinos have come on the scene with different offers. While some will give you the best experience, others may be your worst experience. For this reason, choosing the best casino that accepts this payment mode, provides ease of play, and rewards opportunities are essential.
How do we rate bitcoin casinos? This review will cover some factors we use to determine the best platforms.
Security and Licensing
Checking the site’s security and the license is one of the best ways to determine whether the gambling site is worth trying. Gambling commissions like UKGC, Malta Gaming Authority, Curacao eGaming Authority, and many more are known for being the best in the industry. Online casinos holding these have passed through the strictest rules and regulations.
Also, we ascertain the level of security used by the platforms to protect players’ data and money. We ensure that our recommendations make use of the latest encryption technology and also make use of random number generators to ascertain fair play.
Bonuses and Promotions
It is necessary to check the bonuses available when using Bitcoin sites. This shows whether the platform is worth signing up for or not. As competition for new customers increases, the operators tend to make incredible offers to get players’ attention. Knowing the different types of bonuses you’ll be offered and what is required to withdraw the wins from such bonuses is essential.
All the online casinos we recommend offer fantastic bonuses, including welcome bonuses, no deposit bonuses, free spins, cash backs, and others. Not just the quantity, we also consider the wagering requirements of the bonuses. We ensure that our Bitcoin casinos offer a wide range of bonuses and low wagering requirements.
Game Variety
Varieties of games available on the casino site are another factor in determining the platform’s credibility. When rating a gambling platform, we pay attention to the array of games available, a large selection of games will allow players to choose a fair game in which they can get some fantastic wins. A good variety of slots, live dealer games, card, and table games guarantees players won’t get bored easily.
Customer Support Service
Good customer support service cannot be underrated, especially when you play for real money. A great Bitcoin casino often has excellent customer service. Players often frequent customer support sections to clarify or resolve issues.
A professional team that works 24/7 and is responsive reflects the overall quality of the platform. We expect to be able to reach them via multiple channels, including emails, hotlines, chatbox, and social media. We confirm that the platforms have a team working round the clock, and each channel is functional.
Website Design
What makes an online casino worthy of playing at is more than security and bonuses. There are other factors like accessibility and friendliness of the platform. There is numerous gaming platform on the internet. Only some of the best crypto betting platforms have an interactive web address or mobile app.
We check the graphic design of the platforms, the arrangement of their games in the lobby, the ease of finding any game you seek, and how payments are conducted. We also check if the site is adaptable on mobile devices and if its functions as the desktop version.
How To Make Deposit and Withdraw With Bitcoin
In the gaming industry, new payment methods appear every year. To make payments at online casinos easy, modern online gambling platforms adopt the use of Bitcoin for deposits and withdrawals. Below are some steps to follow on how to deposit and withdraw with cryptocurrency:
How to Deposit
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Sign up at the platform by providing details such as name, address, phone number, email, username, and password.
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Go to the “Payments” page on your online casino platform and select bitcoin as your payment method.
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After choosing bitcoin as a payment method, players must enter their e-wallet address into the appropriate fields, the specific amount they intend to deposit, and an authentication key to verify the transaction. This process can take a couple of minutes to become complete.
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Wait for a few minutes. Check again, and you will discover that your casino wallet is credited.
How to Withdraw
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Withdrawing funds using bitcoin begins with similar steps as depositing. Proceed to the “Payments” part of the specific online casino; if you wish to withdraw your winnings, select bitcoin from the available options.
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Input the appropriate address of the wallet where you intend to save your winnings. Confirm this well before proceeding.
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When your bitcoins are transferred from the player’s online casino account to the corresponding wallet address, visit one of the numerous online exchangers and convert it into the desired fiat currency. Note the volatility of the cryptocurrency and its rate during this exchange.
Pros and Cons of Bitcoin Gambling
There are several benefits of Bitcoin gambling platforms. This section provides concise information about the pros and cons of bitcoin gambling.
Pros
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It is protected and does not require any personal information
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It is Anonymous, and the player’s identity can be known.
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The payment is fast and instantaneous.
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Bitcoins are usually not taxed.
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The change rate fee is low.
Cons
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Bitcoins are unstable, i.e., the prices fluctuate.
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Some countries are restricted from using crypto
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The network still changes.
Other Gambling Cryptocurrencies
Despite the unending great features of Bitcoin, not every player prefers it, and it is not the only option available for making payments at online casinos. Here are some other gambling cryptocurrencies to choose from:
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Ethereum: Ethereum is an open-source blockchain with smart contract functionality, decentralized. Among cryptocurrencies, Ether is second only to Bitcoin in market capitalization.
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Bitcoin Cash: This is a cryptocurrency coined from the original Bitcoin—this spinoff or altcoin was founded in 2017. Later, it split into two cryptocurrencies: Bitcoin Cash and Bitcoin SV.
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Litecoin: This decentralized peer-to-peer cryptocurrency and open-source software project were released under the MIT/X11 license. Litecoin was among the earliest altcoins inspired by Bitcoin, starting in October 2011. In technical details, the Litecoin main chain shares a slightly modified Bitcoin codebase.
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Monero: Monero is a type of decentralized crypto. It uses a public distributed ledger with privacy-enhancing technologies that obfuscate transactions to achieve anonymity and fungibility. Observers cannot decipher addresses trading Monero, transaction amounts, address balances, or transaction histories.