Bitcoin Casinos- Top Online Casinos For Bitcoin

Bitcoin Casinos- Top Online Casinos For Bitcoin

Bitcoin Casinos
Bitcoin Casinos

Bitcoin is a modern method of payment that has become popular at online casino sites. Although the system started a few years ago, Bitcoin casinos have become very popular and preferred among real money gamblers. Bitcoin offers safety and anonymity which makes it the best payment method to use at online gambling. In this guide you are going to find out the best bitcoin casinos online, the advantages of playing at bitcoin casinos, the benefits and you can learn how to make deposits and withdrawals using this method. Bitcoin is anonymous it has no direct connection to banks or any financial institutions which makes it low in terms of fees and charges. Read on to find out more about bitcoin casinos USA.

Top Bitcoin Casinos USA

There are many online casinos accepting bitcoins. Here are some of them

  1. mBit casino
  2. Betway casino
  3. RoyalOanda
  4. Leovegas
  5. Jackpot city
  6. Spin casino
  7. Fun casino
  8. 888 casino
  9. El Royale
  10. IV

What is Bitcoin

What is Bitcoin
What is Bitcoin

Bitcoin is a new type of currency that do not need banks or financial institutions as well as physical cash to function. Bitcoin is a virtual currency that is decentralised. It is popularly known as cryptocurrency. This form of currency is used by millions of people all over the world to make payments as well as business-wise. Bitcoin casinos offer fast transactions which have a quick processing time and lower fees. This is the greatest advantage this form of payment has over other methods of payment. The reason why bitcoin transactions are fast, they don’t need to go through a bank or any financial transactions it is just a simple transfer of coins from one wallet to another.

The great thing about using bitcoin when gambling is the fact that your identity is protected at all times. You can deposit and withdraw funds without sharing any of our personal or banking details. Nowadays there are a lot of bitcoin casinos that offer different games, bonuses and promotions. All cryptocurrency customers can bet using bitcoin at any of the bitcoin casinos that meet their specific and individual requirements.

How Top Get Set Up With Bitcoin

Bitcoin is a simple and easy payment method to use especially when it comes to real money online gambling. Before depositing into your casino account, you need to get the currency first. If you are wondering hoe you can acquire some bitcoin, follow the steps below.

  1. The fist step is to register for a wallet of your choice. To do so visit Bitcoin.org and download the free client for storing your bitcoins
  2. There are two options to getting coins. You can either buy coins from traders or you can mine them directly yourself. It is really up to you. There are details and explanations of how to do so online.
  3. When you have acquired your coins, the next step is to find the Bitcoin casino of your choice. We have shortlisted some casinos accepting bitcoin payments. You can choose a casino from that list and start playing your favourite games.

Making A Deposit At Casinos Accepting Bitcoins

When you have already acquired some bitcoins, making a deposit becomes very easy to do at a casino site of your choice. You can follow these simple steps to deposit.

  1. Open your casino account and find your way to the cashier section
  2. Click on the payments page and click the deposit button. You will be provided with different methods and select bitcoin as the method you want to use.
  3. You will be given a unique web address for your account
  4. Go to your bitcoin wallet and put the address you have been given for sending bitcoin
  5. Enter the amount and confirm your transaction
  6. The funds will be available to you in a matter of minutes and you are ready to play.

How To Withdraw From Bitcoin Casinos

Just like making a deposit, withdrawing is just as easy at bitcoin casinos.

  1. When you want to withdraw from your account, go to the cashier of your casino account.
  2. Choose bitcoin as your withdrawal method and specify the amount you would like to transfer out of your account.
  3. The next step is generating a bitcoin wallet address. You go to your bitcoin wallet and copy the wallet address that you are given.
  4. Give the bitcoin address to your casino and make sure you have met all the wagering requirements before withdrawing
  5. When you are sure, click on withdraw and the bitcoins will be available as soon as the casino has processed your request. This doesn’t take too long just a few hours at most.

Advantages Of Playing At Casinos That Accept Bitcoins

  1. No need to wait for hours for a transaction to be processed as they can be done in a few minutes.
  2. You can make payments anonymously no need to give out your personal or banking details.
  3. There are low to no transaction fees involved
  4. High security provided by the bitcoin wallet
  5. Bitcoin wallets are in mobile app form app you can check everything on your mobile device at any time.
  6. Ownership of bitcoins can only be changed by the owner. That means no one can steal them unless they can access your computer or wallet.

Safety And Security Of Bitcoins

Safety And Security Of Bitcoins
Safety And Security Of Bitcoins

Bitcoin is one of the safest payment methods existing. This is because there is no names, bank account, banks or any other private and personal information that is shared. That means there is nothing that can lead back to you or that can enable someone to use your data for fraudulent activities. All bitcoin transactions are highly encrypted and they are done digitally. There are a number of verifications that take place when moving bitcoins, to make sure that the transactions are going on smoothly. So, if a player makes payments at bitcoin casinos the transactions cannot be traced and they are secure. It doesn’t matter if you are playing on your mobile device or computer your transactions are safe at all times. Which makes bitcoin casinos safe casinos to play at.

Types of Bitcoin Used

Bitcoin falls under cryptocurrencies, and there are many cryptocurrencies available and accepted at online casinos. Although they work in the same way and have the same benefits they do have different features. We are going to mention some of the popular coins that you can find at online casinos.

  1. Bitcoin
  2. BitcoinCash
  3. Ethereum
  4. Litecoin
  5. Dogecoin
  6. Monero
  7. Dash
  8. NeoGas
  9. Stratis
  10. Peercoin
  11. PlayMoney

Anonymity With Bitcoin

Being anonymous has become a very rare commodity nowadays. Bitcoin is one best way to remain anonymous online and still be able to make your payments without a hassle. Here are some ways to obtain privacy.

  1. Avoid sharing your personal information with your bitcoin wallet. Your transactions cannot be traced to your name and any of your information that way.
  2. Keep your funds in bitcoin. By converting them into any other currency can make them vulnerable to being traced.
  3. Make it a point to generate a new address for every transaction you make. Go into your wallet and request a new address each time you make a transaction so that you don’t leave trails of transactions that can lead back to you
  4. It is important to play at recommended and legit bitcoin casinos that you can trust so that they can protect your data.

Conclusion

There are many advantages of playing at bitcoin casinos. To begin with there is no need to share your information with anyone which makes you safe. Apart from anonymity, you can make quick transactions at a lower fee than other payment methods. All your transactions are safe and secure and it is impossible to trace transactions back to the source. You don’t even need to provide any of your personal information in getting a wallet. Pick any bitcoin of your choice today and you can be sure to start playing in a matter of minutes.

Bitcoin Casinos FAQs

[accordiongroup id=”507″][accordion group=”507″ title=”What Is Bitcoin?” active=”true”]Bitcoin is a virtual currency that one can use in making payments for products and services.  You can get them through a process called mining.[/accordion][accordion group=”507″ title=”How Do Bitcoins Work?” active=””]Bitcoins work the same way as real cash. Most users buy bitcoins from specific websites or they can receive them from friends or someone else. Bitcoins originate from and can also be obtained through a process called mining.[/accordion][accordion group=”507″ title=”Is It Safe To Use Bitcoin?” active=””]It is definitely safe to use Bitcoin as a banking method which is why it has become so popular among online gamblers. You can make payments anonymously making it difficult for fraudsters to trace your transactions. For a fraudster to get to you they need to have your login info as well as your physical device where your wallet is located to be able to access your funds.[/accordion][accordion group=”507″ title=”How Fast Are Bitcoin Transactions?” active=””]Bitcoin transactions are instant. There are no banks involved just like other payment methods. Therefore, the processing time is quite short for both depositing and withdrawing.[/accordion][accordion group=”507″ title=”Are There Any Fees For Bitcoin Transactions?” active=””]No, you can buy and send bitcoin to friends across the web. No need to go to a bank or any financial institution. This means that there are no processing fees involved. however, some casinos may ask for a processing fee but it will be clearly stated.[/accordion][/accordiongroup]