Bitcoin casinos – operators that allow you to deposit and withdrawal using Bitcoin
This post is for all of our visitors who are interested in gambling with cryptocurrencies. In this post you can find out what the best Bitcoin casinos are.
In this post, we are going to tell you more about Bitcoin casinos, the pros and possible cons of using cryptocurrencies and how to use Bitcoins among others. So, there is a lot of interesting stuff you can read about related to Bitcoins and its role within the online gambling industry.
Most well-known crypto currency in the world
Bitcoin is the most well-known and common cryptocurrency. If we talk about Bitcoins in this post, it could also concern other cryptocurrencies like Litecoin. But as most of the online casinos refer to Bitcoins, we do as well. Obviously, Bitcoins have been in the news a lot over the last years. As you probably already know, the value of Bitcoins increased significantly since 2016. Also the usage of cryptocurrencies became more common over the last years. Nowadays, more and more online casinos offer the possibility to use cryptocurrencies as a legitimate paying method.
Because of this development, we are going to deep dive into the best Bitcoin casinos and everything else you need to know about Bitcoins. And in this post, we will also share some of the best Bitcoin bonuses for new players. So, more than enough reasons to scroll through this post.
Trustworthy Canadian online casinos that support Bitcoin payments
Bitcoin casinos used to be very rare. But times have changed. Nowadays Bitcoin casinos are widely available throughout Canada.
Technological improvements and great white labels opened the doors for an explosion of Bitcoin-friendly online casinos.
In the table below we have selected some of our favorite crypto casinos. Sign up your free account at any of these sites for generous welcome bonuses.
What is a Bitcoin?
At BestBettingCasinos.com, we like to keep things simple. So, we are going to keep our information about Bitcoins also as simple as possible. If you dig deep into the technology of Bitcoins, blockchains and ledgers it becomes a bit more complicated, but as we are just online casino fanatics, we will only share the most important information about Bitcoins related to the gambling industry. So, let’s start with the basic information first.
Introduced in 2008
A Bitcoin, introduced in 2008, is the most popular cryptocurrency. It is a type of money which is completely virtual. You could see it as an online version of cash. Bitcoins can be used to buy products and services. Unfortunately, it is not accepted by all of the shops and companies yet. This could change in the future, because some clever people already say that someday, FIAT currencies like Euros and Dollar will be replaced by cryptocurrencies. But who knows if and when this happens? We surely do not.
Since 2016 it is possible to use bitcoins at a number of online casinos. Not all online casinos accept Bitcoins. But more and more Bitcoin Casinos seem to open in the last couple of years.
How does a Bitcoin work?
The best way to look at a Bitcoin currency is that it is a computer file which is stored in a digital wallet (e-wallet). It can be stored on devices like a smartphone or computer. A Bitcoin represents a certain value, similar to normal money. You can send Bitcoins to other e-wallets or people can send Bitcoins to your e-wallet. This is a completely decentralized process, which means that there are no banks or other organizations who are a part of this process. A Bitcoin is just sent from individual to individual.
A huge, complex computer system coordinates and registers all Bitcoin transactions. This practically is a huge digital ledger. This makes it possible to pay a person or a company quickly, cheaply and safely. Especially the fact that Bitcoins belongs to everyone, and therefore are not related to a country or a bank, appeals to a lot of people.
How to buy?
As we will mention furthermore, Bitcoins certainly bring different advantages to the table. So, you might want to know how you could access this cryptocurrency. Luckily it is pretty easy to buy Bitcoins. There are many official websites where you can buy Bitcoins. It is also possible to buy a part of a Bitcoin, because at this moment 1 Bitcoin is valued around $50.000. Some of the most popular and safest websites to but Bitcoins are Coinbase, Kraken, Binance and Bitstamp. You can buy Bitcoins with normal payment methods like Bank transfer or credit cards.
How to keep?
Just as real money, you keep your Bitcoins in a wallet. And of course, this is not a real wallet, but a digital one. Well actually, you can keep your bitcoins in a software program, but also on a hardware wallet. This is just like an USB-drive, but then specifically designed for protecting your cryptocurrencies. It is up to you what you prefer and what you think is the safest way. The most popular software Bitcoin wallets are iPhone and Andriod apps like BRD (formerly Breadwallet), Mycelium, BitPay and Jaxx. All of these wallets are known to be reliable and safe.
Is Bitcoin the only cryptocurrency?
Nowadays there are numerous different cryptocurrencies. Think about examples like Litecoin, Ethereum and Bitcoin Cash. Together with Bitcoins, these are the biggest 4 cryptocurrencies. Other cryptocurrencies are not even close to the value of Bitcoins. But more and more crypto currencies are entering the market and want to replace the Bitcoin.
How to deposit using Bitcoin at an online casino?
If you know how to purchase and trade Bitcoins it is pretty easy to deposit Bitcoins at an online casino. But if you never made a Bitcoin transaction is could be a pain in the ass. Underneath we explain you how to deposit your first Bitcoins to your online casino account. If you already know how to trade Bitcoins you can skip the first few steps.
- Open a digital wallet (Best sites to open a wallet is Coinbase)
- Buy Bitcoins and add them to your wallet
- Now find a Bitcoin Casino that fits your needs (Choose a reliable Bitcoin Casino from our Toplist)
- Register a free account at the casino
- Open the banking section at the casino
- Choose Bitcoin
- Now copy the “sell” code from your wallet
- Enter the code to the casino
- Transfer your Bitcoins from your wallet to the casino
- It can take a few minutes before the Bitcoins are added to your account
- You can now start playing online casino games with Bitcoins
How to withdraw winnings from an online casino?
It is pretty easy to withdraw your Bitcoins from your casino account. When the amount is not extremely high it will only take a few minutes before you receive your Bitcoins in your wallet. In your casino account you enter your Crypto wallet information. When this info is correct you can withdraw Bitcoins with one click.
Every transaction needs to be verified in the blockchain. So it can take a short while before you receive the Bitcoins in your Crypto wallet. Larger amounts of money often take longer.
Withdraw your Bitcoins with the following steps:
- Enter your crypto wallet information to your casino account
- Choose “request a withdrawal”
- Choose Bitcoin withdrawal
- Enter the amount of Bitcoins you like to withdraw
- Request a withdrawal
- Your Bitcoins will now be transfered to your account
Advantages of use crypto at casinos
At first sight, Bitcoin casinos look just like any other online casino. The truth is that Bitcoin casinos are just like other casinos. Besides the fact that is possible to pay with Bitcoins, there are no big differences looking at available games, customer services or promotions. In fact, some Bitcoin casinos offer exclusive ‘Bitcoin only’ games and the bonuses could be more attractive because of the value of the Bitcoin. Other than that, there are also general Bitcoin advantages, which makes it interesting to consider using Bitcoins at online casinos.
Beneath you find an overview of big advantages for online casino players.
- Instant withdrawals
- Higher casino bonuses
- Anonymous transactions
- No transaction fees
- No interference by banks or credit companies
- The safest way of making a transaction
Expect longer withdrawal times
At BestBettingCasinos.com, we definitely don’t appreciate long waiting times for pay-outs. Unfortunately, sometimes this could take over 7 days. At most of the online casinos it is also mandatory to share your ID and personal information. This could be time-consuming matter. The best part of Bitcoin casinos is that they don’t need to know who you are. Transactions with cryptocurrencies are strictly anonymous. And as there are no payment providers between you and the pay-out, your withdrawal is sent to your wallet right away. This is one of the main reasons why we are so enthusiastic about using Bitcoins nowadays.
As you probably already know, we are always looking for the best online casino bonuses. And we often review attractive first deposit bonuses for newly registered players. Especially these kinds of bonuses could be higher and more interesting at Bitcoins casinos. Although the value of the Bitcoin fluctuates frequently, it is always more worth than euros or dollars. Therefore, the maximum amount of the bonus is always higher at Bitcoin casinos.
The last advantage we would like to discuss is the advantage of the anonymity. At real Bitcoin casinos you are completely anonymous. A chosen username, e-mail and password is enough to start playing at a real Bitcoin casino. Because of this, your personal information is not in a database, which can be appealing to players. Other than that, cryptocurrencies are not ruled by any authorities. This means that your winnings aren’t traceable by authorities. Obviously, this comes with some really interesting advantages. The only thing to keep in mind is that the value of cryptocurrencies could fluctuate. Although it doesn’t fluctuate as much as it did a couple of years ago.
What kind of Bitcoin casinos are available?
On the internet you find different types of online casinos. And we can define 2 different types of Bitcoin Casinos. In this paragraph I will tell you a bit more about the 2 available types of Bitcoin Casinos. And ofcourse I tell you which one is the best Bitcoin Casino to play at.
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Bitcoin casinos are online casinos where you can only play with Bitcoins and other crypto currencies. We also call these casinos Crypto Casinos. Bitcoin is by far the most used crypto currency at the moment. That is why these casinos are called Bitcoin Casinos.
At 100% Bitcoin Casinos you can only play when you transfer crypto currencies in to your casino account. You can’t transfer normal money / currencies to these casinos.
Personally I don’t recommend these online casinos. When you don’t have any crypto currency left you can’t continue playing at these casinos.
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There are also normal online casinos which accept Bitcoin payments. Kim Vegas, 22Bet are a few examples. At these normal casinos you can play with normal currencies like Euro, Dollar or British Pounds. But if you like you can also play with popular crypto currencies like Bitcoin.
Personally I recommend you to play at these casinos because you can continue playing when you have no bitcoins in your wallet any more.
Games
The best Bitcoin casinos from our list all offer a wide scale of games in different categories. At these online casinos, you will find games from well-known and respected providers like NetEnt, Microgaming, Evolution Gaming and Betsoft.
So, you don’t have to worry about the game offer of Bitcoin casinos. It is possible to play slots, jackpots, poker, blackjack or whatever game you like. The only difference is that some of the Bitcoin casinos also offer exclusive Bitcoin games. This means you could only play these games with Bitcoins and at a specific Bitcoin casino. For example, you can play an original game of Minesweeper for Bitcoins. If you want to know more specific Bitcoin games, please send us a message and we share some of our favourites.
Promotions – get rewards on top of your deposits
If you are looking for the best Bitcoin casinos, look no further. At BestBettingCasinos.com, we only cooperate with reliable online casinos, who offer games from respected providers and the very best bonuses. This is no difference with our list of the best Bitcoin casinos.
There are two different online casinos related to Bitcoins. The first option are online casinos who offer the possibility to deposit with Bitcoins, next to other FIAT currencies like euro and dollar. The second option are the online casinos who offer nothing but playing with cryptocurrencies. In our review of the best Bitcoin casinos, we don’t distinguish between these two types of online casinos. We created our list our best Bitcoin casinos based on the following benefits.
- Acceptance of Bitcoins
- Active bonuses
- Safety and security
- Game portfolio
- Customer service
Beneath you find our top 3 of the Best Bitcoin casinos of this moment. In our top 3, we also added the active bonuses, because we know that active bonuses could affect your decision to choose for a Bitcoin casino.
- BitStarz Casino – exclusive 100% bonus up to 1 BTC + 180 Free Spins
- 7bit Casino – 100% bonus up to 1.5 BTC or 200 Free Spins
- Joo Casino – 100% bonus up to 0.01 BTC + 150 Free Spins
Exclusive offers
As mentioned earlier, the bonuses of online casinos with Bitcoins could be worth looking into. Especially the first deposit bonuses can be a lot higher in comparison with common currencies. Let’s take a look at the example of our exclusive deal with Bitstarz Casino, as BitStarz Casino is an online casino who accepts both FIAT currencies as well as cryptocurrencies.
Our exclusive first deposit bonus with BitStarz Casino is a 100% bonus up to $100 or 1 Bitcoin. On top of this bonus, you will also receive 180 Free Spins, but this example is about the 100% bonus. At this moment, 1 Bitcoin is valued around $8000, which potentially means you could take advantage of a 100% bonus up to $8000, instead of $100. Obviously, this is a big difference looking at the maximum bonus amount.
Beneath you find some of our best Bitcoin bonuses.
- BitStarz Casino bonus – exclusive first deposit 100% bonus up to 1 BTC + 180 Free Spins
- Casinoin bonus – 100% first deposit bonus up to 1 BTC + 60 Free Spins
- 7bit Casino bonus – 100% first deposit bonus up to 1.5 BTC or 200 Free Spins
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