Bitcoin (BTC) was first introduced in 2008 and has since become a phenomenon in online gaming. The cryptocurrency has the ability to make anonymous financial transactions, purchasing and exchanging funds around the world. It is extremely popular to players who do not wish to share their financial details, don't own a bank account, or credit card, but want to sign up at internet casinos. More and more online casinos are accepting this payment method, which makes it a great alternative to more traditional deposit options.
How to Setup a Bitcoin Wallet
In order to start making online gambling deposits, a digital wallet will need to be set up first. Follow the simple steps below to get started:
• Step 1: First, you will need to set up a digital wallet for your bitcoins. The process is totally simple- all you need is an e-mail address. There are numerous types of wallets, including mobile (for iPhone, Android, Windows), desktop, and web wallets. Each type of wallet has its own benefits. You can choose which wallet is right for you and learn how to secure your wallet.
• Step 2: Once you have created your wallet, you'll be able to start adding Bitcoins. People can send you Bitcoins, exchange them from your bank account, or you can buy them from various online sites.
• Step 3: After you receive your Bitcoins, the fun can begin. Having a Wallet will let users receive, store, and send Bitcoins to other parties. Check out the table listed with online casinos that offer Bitcoin deposits and enjoy!
Popular Bitcoin Wallets:
- Bitcoin Core
- Ledger Nano
Perks of Using Bitcoins
There are many advantages to using a Bitcoin Wallet which is why the cryptocurrency has been easily adopted by so many. Not only are you able to make anonymous transactions, but also reap the benefits of low transaction fees. The current market price for a Bitcoin is always changing due to the supply and demand for it. Deposits and withdrawals are mostly free, basically eliminating payment processing costs, which allows casino sites to have more money to put forth for deposit bonuses and promotions. It also means they can offer top payouts for online casino players.
Another Bitcoin bonus is receiving payments within 15 minutes or less. Bitcoin is able to transfer funds so quickly due to eliminating banks from the equation since it does not have any ties to a government, isn't based on any particular currency, and is solely operated in the peer-to-peer marketplace. Since Bitcoin is decentralized from banks, peoples funds cannot be seized or frozen, like they can be in a regular bank system using traditional currency. For unregulated or illegal markets this facet is a game changer, players in the United States have had their funds frozen by the US Department of Justice in the past.
Bitcoin allows you to have complete freedom and ultimate control over your money. It has also risen in popularity because of its extreme security and encryption measures, making it difficult to hack or access someone else's account.
Bitcoin Casinos offer an Instant Withdrawal
Bitcoin is a popular cryptocurrency that works as an effective payment method for gamblers all over the world. It's beneficial to use because bitcoins can be transferred very quickly, and because exchange rates aren't as difficult to deal with when working with the currency. Players that are looking for a reliable payment method that allows nearly instant withdrawals should consider playing at bitcoin casinos.
How Bitcoin Works
For players that are unfamiliar with Bitcoin, it's a virtual currency held in containers known as "wallets". These wallets are special storage codes that denote the location of Bitcoin currency. The owner of the Bitcoins is generally the only one that knows the wallet code, and Bitcoins are passed to new wallets, or wallet codes are exchanged from one person to another to complete Bitcoin transactions. The process is simple once you understand the currency, and most gamblers don't have any trouble making deposits or withdrawals using Bitcoins.
Why Bitcoin enables Fast Withdrawals
Bitcoin can be moved from one location to another very quickly because it's possible to verify transactions in just an hour's time. That means that you can very easily deposit into a new casino using this currency, and more importantly you can pull money out of a casino using Bitcoin as the currency in the same amount of time. That means you can withdraw your winnings in just an hour's time and there aren't any transaction fees to worry about when dealing with the casino. Once the coins are back in your own wallet you are free to spend them or withdraw them in the form of your local currency.
Enjoy Gambling Anywhere in the World
Since Bitcoin is a supported cryptocurrency all over the world, it's possible to utilize casinos online anywhere in the world regardless of the country of origin. There's never an issue with conversion rates and players already understand what the coins are valued at.
Play at Leading Bitcoin Casinos
Now that you know all the benefits of relying on Bitcoin as a deposit and withdrawal method at online casinos, it's time to find casinos out there that support the currency and make it possible to use it. Below is a chart of some of the top online Bitcoin-friendly casinos available today. Take a look through the options for the one that best matches your needs and the features you're looking for as a gambler.
A Guide To Bitcoin Casinos
When it comes to casino banking, there is a full lineup of new Bitcoin casinos as well as tried and true favorite online casinos now accepting the crypto-currency. Offering a safe, secure and speedy way for players to deposit and withdraw, Bitcoin is a benefit to players around the world.
Bitcoin Casino Bonuses
There are several casinos now offering Bitcoin casino bonuses. This means players are eligible for special promotions and bonuses just by using Bitcoin as the deposit method. Some of these bonuses are significant and well worth looking into to add to your casino account.
Mobile Bitcoin Casinos
Mobile Bitcoin casinos are also on the rise, allowing players to enjoy their favorite casino games from any mobile device. When using these types of casinos, choose a web wallet for your Bitcoin for easy access to your account for deposits and casino withdrawals.
Bitcoin Live Dealers Casinos
One of the best ways to enjoy a true casino experience anywhere you want to play is with a live dealer casino. There are several Bitcoin live dealer casinos online accepting players from the USA as well as around the globe.
Instant Play Bitcoin Casinos
Instant play casinos accepting Bitcoin are a great option when you don't want to have to wait for a full casino download. These are often accessible through both desktop computers as well as mobile devices, making them a great casino choice.
RTG Bitcoin Casinos
Realtime Gaming casinos are some of the most popular online casinos. The software platform is known for amazing graphics and animation on their slots as well as the detail and design features that go into all of their games. RTG Bitcoin casinos offer the added advantage of accepting Bitcoin for both deposits and withdrawals.
Betsoft Bitcoin Casinos
Another top gaming platform is Betsoft games. Casinos offering these games and also accepting Bitcoin provide players with some truly amazing online interactive slots, video slots, classic slots and table games. Bitcoin transactions at these casinos make it easy for players to quickly and securely withdraw and deposit to their casino accounts.
Rival Bitcoin Casinos
Bitcoin is a popular deposit and withdrawal option at the top Rival casinos online. Just take a quick glance at the banking page at any online casino and look for the easy to identify Bitcoin symbol.
With the use of Bitcoin as a deposit method, players can enter Bitcoin tournaments at their favorite online casinos. These tournaments can include slots or table games and can be designed for a relatively short play period or a longer duration. Rules and information on tournament play will be provided from the tournament page at the casino.
Popular Bitcoin Games
Any casino accepting Bitcoin will offer a host of popular Bitcoin games for players to enjoy. With this deposit method, players will have almost immediate access to their casino account to play slots, table games, specialty games or even scratchcards offered at the casino.
New Bitcoin Slots
Playing the new Bitcoin slots is easy. Players will simply make a deposit to their Bitcoin casino and then start choosing from the new slots offered. Most of these casinos provide information on new games on the home page, making it easy to try out new slots as they are launched.
New Bitcoin Casinos
New casinos coming online are focused on having the option for players to use Bitcoin as their method of deposit and withdrawal. Not only does this benefit the players, but it also makes it faster and easier for casinos to process withdrawals, helping new casinos to gain a solid reputation in this highly competitive market.