Crypto in online gambling – a match made in heaven?
Numerous NZ online casinos have recently embraced cryptocurrency as a means of payment for funding players’ accounts. If you’re well-versed in how cryptocurrencies operate, you likely favor using them for online casino transactions due to their numerous benefits. If that’s the case, this review isn’t tailored for you.
However, many individuals are still grappling with the intricacies of cryptocurrencies. For those individuals, we’ve crafted this review to provide a comprehensive understanding.
We’ll delve into the process of purchasing and trading cryptocurrencies, as well as utilizing them to finance your online casino activities. Our aim is to elucidate the fundamental concepts of cryptocurrency, highlight the most popular coins, explore cryptocurrency wallets and their usage, discuss associated costs, and weigh the pros and cons of utilizing cryptocurrencies for payments.
Moreover, we’ll spotlight the premier crypto-friendly casinos that facilitate cryptocurrency payments, complete with bonuses and promotions. We’ll offer succinct reviews of these top-tier crypto casinos, outlining the perks and possibilities they present for cryptocurrency users.
Best NZ online casinos that accept deposits using crypto currency
If you are looking for the best crypto 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 crypto casinos.
What is crypto currency?
A growing number of online casinos are now accepting cryptocurrency as a viable payment option, reflecting the increasing popularity and adoption of digital currencies. Cryptocurrency, a relatively recent innovation in the realm of digital or virtual money, has matured significantly over the past decade. Unlike conventional currencies, cryptocurrencies exist solely in digital form and are stored in online crypto wallets, accessible through various devices such as computers and smartphones.
The key feature distinguishing cryptocurrencies from traditional currencies is their reliance on cryptographic techniques for security. These encryption methods make it extremely difficult to counterfeit or manipulate cryptocurrencies, ensuring the integrity of transactions. Moreover, the use of cryptography enables users to conduct transactions with enhanced privacy and anonymity, appealing to many online players seeking secure payment methods for their casino transactions.
One of the primary advantages of using cryptocurrency for online transactions, including funding casino accounts, is its cost-effectiveness. Transaction fees associated with cryptocurrency payments are typically lower compared to traditional payment methods, making it an attractive option for both players and casinos alike. This affordability contributes to the growing popularity of cryptocurrency payments within the online gaming community.
In light of these developments, we’ve curated a list of the Best Crypto Casinos where players can utilize cryptocurrency to fund their accounts and access exclusive bonuses and promotions. Our team has meticulously researched and identified these top crypto-friendly casinos to provide players with a reliable resource for their gaming needs. Let’s explore the exciting opportunities and benefits offered by these leading crypto casinos.
How does crypto currency work?
Let’s pick up where we left off in this review to explore the array of excellent and generous crypto bonuses and promotions offered by these top crypto casinos. Before delving into these enticing offers, it’s crucial to grasp the fundamentals of cryptocurrencies. So, let’s delve deeper into the intricacies of crypto currencies in the following paragraphs.
As mentioned earlier, all cryptocurrencies rely on cryptography for security. Cryptography employs encryption methods that make it exceedingly difficult to counterfeit or duplicate cryptocurrencies. Each unit of cryptocurrency can only be spent once, ensuring transparency and preventing fraudulent activities. Moreover, the use of cryptography enables users to conduct online transactions safely and anonymously.
Cryptocurrencies operate on decentralized networks built upon blockchain technology. Each cryptocurrency has its own decentralized blockchain network, where all transactions are processed, monitored, and recorded for public visibility. This decentralized structure eliminates the need for centralized authorities such as banks or governments to oversee currency and transactions. Consequently, there are no conflicting interests or exorbitant transaction fees associated with cryptocurrency payments, making it a cost-effective option for funding online casino accounts.
Control over the rules and evolution of cryptocurrencies lies solely with their users. Transactions are executed through a peer-to-peer system, where they are verified, approved, and monitored by network participants. This process ensures complete transparency and prevents manipulation, as every transaction is confirmed by blockchain users. Additionally, transactions are processed swiftly due to partial automation, enhancing efficiency and user experience.
In the event that changes are proposed to a specific cryptocurrency, a democratic system comes into play. Decisions regarding proposed changes are determined by the consensus of coin holders. If the majority of users agree to the proposed changes, they are implemented; otherwise, the changes are discarded. This democratic governance ensures that the evolution of cryptocurrencies aligns with the collective interests of their user base.
Recommended online casinos that support the use of crypto currencies
These are the Best Crypto Casinos our team has found for you. All these NZ online casinos accept payments with your various crypto currencies and they allow you to claim all their bonuses and promotions when you do. We will show you per casino what crypto currencies they accept, what the minimum deposits are and how much you can cash out at max.
Here is the list of best crypto promotions:
Bitstarz – 20 Free Spins No Deposit
Created by a small group of online casino enthusiasts, Bitstarz Casino is a players casino that offers the full package. Fast payments, great service, excellent games with the best gameplay available and of course: exciting and generous bonuses and promotions for you to claim! Here is a list of crypto currencies they accept including the minimum deposits limits and maximum cash outs.
Accepted Crypto:
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Ethereum (ETH)
- Dogecoin (DOGE)
- Tether (USDT)
- Litecoin (LTC)
Minimum deposits per crypto:
- Bitcoin: 0.0001 BTC
- Bitcoin Cash: 0.001 BCH
- Ethereum: 0.001 ETH
- Dogecoin: 1.000 DOGE
- Tether: 1 USDT
- Litecoin: 0.01 LTC
Maximum Withdrawal: NZ$4000 per week.
Bitkingz – New Crypto Casino with 4.000+ games
Founded by a team of creatives, designers, authors, computer scientists and analysts, Bitkingz is built to meet their players’ needs. With a team packed with years of experience in the trade, there are no secrets for this online casino. They have an excellent game portfolio, a rewarding VIP program, top of the line security, a professional customer service and generous bonuses and promotions for you to claim with your crypto! Here is a list of crypto currencies they accept including the minimum deposits limits and maximum cash outs.
Accepted Crypto:
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Ethereum (ETH)
- Dogecoin (DOGE)
- Tether (USDT)
- Litecoin (LTC)
Minimum deposits per crypto:
- Bitcoin: 0.0023 BTC
- Bitcoin Cash: 0.001 BCH
- Ethereum: 0.001 ETH
- Dogecoin: 1.000 DOGE
- Tether: 1 USDT
- Litecoin: 0.01 LTC
Maximum Withdrawal: 0.46 BTC per transaction (or any crypto currencies equivalent)
Joo Casino – Great games and promotions for crypto players
Another excellent crypto casino, and high on our list of Best Crypto Casinos, is Joo Casino. Offering the complete package every online casino player is looking for, Joo is certainly not going to disappoint you! They offer games designed by the best game developers in the business packed with exciting gameplay. All the bonuses and promotions on their website are claimable when you pay with crypto currency. Here is a list of crypto currencies they accept at Joo Casino, including the minimum deposits limits and maximum cash outs.
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Accepted Crypto:
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Ethereum (ETH)
- Dogecoin (DOGE)
- Tether (USDT)
- Litecoin (LTC)
Minimum deposits per crypto:
- Bitcoin: 0.002 BTC
- Bitcoin Cash: 0.055 BCH
- Ethereum: 0.07 ETH
- Dogecoin: 5.200 DOGE
- Tether: 1 USDT
- Litecoin: 0.19 LTC
Maximum Withdrawal: NZ$2500 per day / NZ$12.000 per week (or equivalent in crypto currency)
Machance – Join this crypto casino with NZ$10,- free
Focussing on the customers needs specifically, Machance is an online casino that is built around you! They are constantly focused on your needs and try to make your gambling experience as awesome as possible. Offering you over 500 of the most exciting games, with great fairness on all of them, Machance Casino is an online casino to put on your lists of favorites for sure. All bonuses and promotions at Machance Casino are available to claim with your crypto. Here is a list of crypto currencies they accept at Machance Casino, including the minimum deposits limits and maximum cash outs.
- Accepted Crypto:
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Ethereum (ETH)
- Litecoin (LTC)
Minimum Deposits: The minimum deposit is NZ$20 (or any crypto currency’s equivalent)
Maximum Withdrawal: NZ$1500 per week / NZ$6000 per month (or any crypto currencies equivalent)
Vegasplus – Exciting slots and excellent service
With a whole heap of award winning games, Vegasplus Casino floods their players with an excellent selection of games that will blow your mind! Delivering you the smoothest, most exciting and exclusive online casino experience, Vegasplus definitely belongs on this list of Best Crypto Casinos! Here is a list of crypto currencies they accept at Vegasplus Casino, including the minimum deposits limits and maximum cash outs!
Accepted Crypto:
- Bitcoin (BTC)
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- Litecoin (LTC)
Minimum Deposits: The minimum deposit is NZ$10 (or any crypto currency’s equivalent)
Maximum Withdrawal: NZ$1500 per week / NZ$6000 per month (or any crypto currencies equivalent)
Governments and regulations of crypto currencies
As you can imagine, not everybody is as pleased with certain features of these crypto currencies as the users are. Being able to handle transactions completely anonymously frightens a lot of governments. Governments have no control of the currency and therefore they have no ability to regulate these crypto currencies. As many benefits as it holds for the users, this is a major problem for these governments. Due to its features, crypto is a very popular currency for a lot of criminals because of these anonymous transactions. Even though all financial transactions are visible online in the blockchain, the identity of the people or companies that are behind the transactions are not. This has put a lot of governments in a dilemma. Some governments, like the U.S, China, Japan, Malaysia, Singapore, Spain, Germany, India, the Philippines and South Korea, have made several regulations concerning crypto currencies. Every country has their own regulations but some of the most common examples are:
- ID registration for every crypto purchase;
- Tax registration;
- Warnings on the internet, TV, radio etc;
- A crypto currency ban or prohibition;
So, for instance, in some countries you could be asked to verify your account if you buy crypto currencies. This process is handled by uploading certain ID documents or bank statements. This way the governments have a little more insight in who is behind certain financial crypto transactions. But this never fully takes away all the concerns governments have because there is always a way to avoid or work around these regulations. If you want to use crypto currency as a payment option for online casinos make sure you always check out the rules that apply to your country.
Buying Crypto
To buy your crypto currency you have to go to a crypto currency trader. Here you can use your bank funds to buy crypto and send them to your wallet. Crypto currencies like Bitcoin, Ethereum, Litecoin, Dogecoin, Ripple, Neo, Tether and many others can be bought at these traders. Once successfully purchased, your virtual coins will be transferred from the trader to your crypto wallet.
The rates or the prize of the crypto currencies varies per second and can be monitored at these online crypto traders. Pick the right moment to buy your crypto and get as much value for your money as possible. Make sure you carefully select these online crypto traders as their transaction costs vary immensely and there are a lot of crooked, fraudulent traders online these days trying to scam you out of your money.
Crypto wallets
Just like your regular money, your crypto currency is kept safely in your wallet, a crypto wallet. Crypto wallets are mostly digital wallets where you can safely keep one or more crypto currencies. Crypto wallets are crucial when using crypto currencies and their safety is key. Unlike your regular wallet, your crypto wallet is often accessible via the internet, by everyone with an internet connection and therefore these crypto wallets need an extra level of protection. The security of your crypto wallet is the most important thing when dealing with crypto currencies so make sure you pick the right one with reliable security. Your crypto wallet, when setup successfully, is protected with highly secured passwords, 2FA (two factor authentication) and backup codes. No one else can access your wallet without these data. There are many different crypto wallets available online and there are different types of wallets as well. Basically there are five types of wallets:
- Online wallet (online account)
- Mobile wallet (app on your mobile phone)
- Desktop wallet (app on your computer)
- Hardware wallet (USB or other device)
- Paper wallet
Most used crypto wallets, and advised to use when you want to use them to fund your online casinos are the first 3 types. When you are not dealing with huge amounts of crypto the first three types of wallets are excellent to use, as long as you set them up safely (with password and 2FA). The last two types are for the larger amounts of crypto and are the most secure. Once you have set up your crypto wallet successfully you can use it to buy, sell and sometimes even trade crypto currencies with.
Advantages of using crypto currency
Utilizing cryptocurrency for online casino transactions presents numerous advantages and benefits, as outlined in this review. One of the most significant advantages is the ability to conduct transactions anonymously, safeguarding personal and financial information from disclosure to online casinos, including those featured in this review. Additionally, cryptocurrency enables players to withdraw their winnings directly to their crypto wallets, offering a seamless and secure payout process.
The inherent safety, reliability, and transparency of cryptocurrency transactions further enhance their appeal as a payment method for online gaming. Crypto wallets, particularly those available on mobile devices, are user-friendly and convenient, streamlining the transaction process. Transaction speed is typically rapid, contingent upon blockchain traffic, and users have the flexibility to choose transaction costs based on prevailing rates and desired speed.
Furthermore, the increasing acceptance of cryptocurrency as a payment method by online casinos underscores its growing popularity among players. As demand for cryptocurrency payments rises, more online casinos are integrating this option into their platforms. Lastly, an enticing advantage of using cryptocurrency for online casino transactions is the ability to claim generous bonuses offered by the Best Crypto Casinos featured in this review.
In summary, the advantages of using cryptocurrency for online casino transactions include:
- Anonymity in transactions, safeguarding personal and financial information.
- Direct withdrawal of winnings to crypto wallets, ensuring a seamless payout process.
- Safety, reliability, and transparency in online payments.
- User-friendly and convenient crypto wallets, particularly on iOS and Android devices.
- Rapid transaction processing, subject to blockchain traffic.
- Flexibility in transaction costs, based on prevailing rates and desired speed.
- Increasing acceptance of cryptocurrency payments by online casinos.
- Access to generous enhanched bonuses.
Disadvantages of using crypto currency
Using cryptocurrencies for online payments, including funding your online casino account, comes with its share of drawbacks, much like other online payment services. To employ cryptocurrencies for casino transactions effectively, you must possess a basic understanding of how cryptocurrencies function, as outlined in this review. This entails setting up a secure wallet, purchasing cryptocurrencies from a trader, and executing successful transfers between your crypto wallet and online casino account. It’s worth noting that cryptocurrency transactions, particularly those utilizing the cheapest option, can be time-consuming. Opting for faster transactions incurs higher fees.
One of the inherent characteristics of cryptocurrencies is their volatility, meaning their value fluctuates rapidly and unpredictably. For instance, the value of cryptocurrency held in your account may amount to €100 one day and fluctuate to €60 or €150 within a month. While this volatility can present opportunities for significant gains, it also poses risks of substantial losses. Additionally, it’s important to consider that not all online casinos accept cryptocurrency payments, although the number of casinos adopting this payment method is steadily increasing.
In summary, paying with cryptocurrencies may entail the following disadvantages:
- Complexity: Utilizing cryptocurrencies for payments can be complex, requiring users to navigate processes such as setting up wallets and executing transactions.
- Transaction Speed and Cost: Opting for cheaper or free transactions may result in longer processing times, while faster transactions come at a higher cost.
- Volatility: Cryptocurrencies are highly volatile, with their values subject to rapid and unpredictable changes, presenting both opportunities and risks.
- Limited Acceptance: Not all online casinos currently accept cryptocurrency payments, although this landscape is evolving as cryptocurrencies gain broader acceptance in the online gaming industry.
Best Crypto casino bonuses – promotions and rewarss
Each of the online casinos featured on our Best Crypto Casinos list provides players with the opportunity to claim bonuses and promotions using cryptocurrencies. While we’ve provided a brief overview of what they offer and how to access their respective pages, let’s delve deeper into a select few of these top-rated crypto casinos. In the upcoming section, we’ll thoroughly review some of the best crypto casinos, detailing the array of bonuses and promotions they extend to players.
To ensure you can take advantage of the exclusive bonuses and promotions we’ve arranged specifically for visitors of our BestBettingCasino.com website, simply follow the link provided to visit the online casino’s page. This ensures you don’t miss out on any special offers tailored for you as a valued member of our community.
7bit Casino
Specially selected by our team as one of the Best Crypto Casinos is 7bit Casino. At 7bit Casino you can use all kinds of crypto to fund your online casino account as they accept Bitcoin, Bitcoin Cash, Ethereum, Dogecoin and Litecoin. Their casino is one of the few online casinos that is especially focused and designed around Bitcoin. They offer special Bitcoin games and all prizes, bonuses and promotions are denominated in BTC as well as EUR, USD and other currencies. They educate their players about Bitcoin all over their website and they really stimulate players to use crypto to fund their online gambling experience. Besides all the usual suspects like Classic games, Slots, Poker, Roulette, Blackjack, Table games and many others they also offer multi million Jackpot games. They have a VIP club, a loyalty program where frequent players get rewarded and earn prizes and benefits whilst levelling up through the program. 7Bit Casino not only offers their players the ultimate online casino experience, they also offer them the ultimate Crypto experience! Let’s have a look at all the bonuses and promotions you can claim with your crypto at 7bit Casino!
7bit Sign-Up Bonus – 20 Free Spins (No Deposit Required)
Even before you spend any of your crypto currency yet, 7bit Casino offers new players a sign up bonus of 20 free spins, just for registering to their casino. All you have to do is sign up for a new account via the link on our website and you will get rewarded with 20 free spins on the excellent and exciting slot game ‘Cherry Bomb Deluxe’. Activate the spins in your account after successfully registering and see if you can win the maximum of 0.012BTC (or NZ$100) that is set for this bonus. Before you can cash out these winnings you will have to wager the free spins winnings 45 times on all the games on their website. When you have completed this task, the 0.012 BTC could be yours!
Bonus terms and conditions (7bit Sign-Up Bonus)
- 20 Free Spins on sign-up
- Maximum bonus: 20 Free Spins
- Minimum deposit: no deposit needed
- Games: Cherry Bomb Deluxe
- Wagering: 45 times the free spins winnings
- Maximum win: NZ$100 / 0.012BTC
- New players and accounts only
- Full bonus terms and conditions apply
Welcome Bonus Package – Up To 5 BTC or 3.5 BTC + 200 Free Spins
At 7bit you can claim their welcome bonus package when making your first four deposits at their online casino. They offer you a match bonus of up to 5 BTC (or NZ$500) or their second option: 3.5 BTC (or NZ$400) + 200 free spins. As you can see, their Bitcoin valued bonus is way, way more than the EUR or USD denominated bonus. For your information, 1 BTC is over NZ$13.000 at the moment of this review!!! That makes this a potential welcome bonus of over NZ$65.000! This welcome package is split up into 4 bonuses, let’s have a close look at each of them:
1st Deposit Bonus – 100% Up To 1.5 BTC (or NZ$100) or 200 Free Spins
On your first deposit, 7bit Casino offers you the option to choose between a 100% up to 1.5 BTC (or NZ$100) match bonus or 200 free spins. So if you decide to deposit 0.5 BTC, 7bit Casino will add another 0.5 BTC to make it an even 1 BTC to play with. They will do so up to a maximum of 1.5 BTC (or NZ$100). If you want to cash out any winnings from the money bonus you will have to wager the bonus 40 times. There is no limit to the bonus money wins! If you choose the free spins option, you will receive 200 free spins when you make a minimum deposit of 0.0042 BTC (or NZ$20). The maximum cash out on the free spins winnings is 0.01 BTC (or NZ$100) after you have successfully wagered the free spins winnings 45 times. We’d choose the bonus money option as it pays out way more than the free spins and you can select the games to play yourself instead of the select free spins games. Keep in mind the maximum bet for the welcome bonus package is 0.00012 BTC / NZ$1 which is much lower than on their regular bonuses (0.0006 BTC / NZ$5).
Bonus terms and conditions (1st Deposit Bonus)
- 100% Up To 1.5 BTC (NZ$100) or 200 Free Spins
- Maximum bonus: 1.5 BTC (or NZ$100) or 200 Free Spins
- Minimum deposit: 0.0042 BTC / NZ$20
- Games (money bonus): All games (some exceptions, check website)
- Games (free spins): BGaming selection
- Wagering (money bonus): 40 times bonus amount
- Wagering (free spins): 45 times the free spins winnings
- Wager bonus within 14 days after receiving
- Maximum win (money bonus): Unlimited
- Maximum win (free spins): NZ$100 / 0.012BTC
- Max bet: 0.00012 BTC / NZ$1
- New players and accounts only
- Full bonus terms and conditions apply
2nd Deposit Bonus – 50% Up To 1.25 BTC (or NZ$100)
On your second deposit 7bit Casino offers you a 50% up to 1.25 BTC (or NZ$100) bonus. This time 7bit will add 0.5 BTC if you deposit 1BTC to make it 1.5 BTC to play with. They will do so up to a maximum of 1.25 BTC, so if you want to max out their bonus you will have to deposit 2.5 BTC to your account, or NZ$200 to receive NZ$100. To cash out any winnings from the money bonus you will have to wager the bonus 40 times and there is no limit on your winnings. Keep in mind the maximum bet for all the steps in the welcome bonus package is 0.00012 BTC / NZ$1 which is much lower than on their regular bonuses (0.0006 BTC / NZ$5). Use the Bonus Code: 2DEP to claim your second deposit bonus.
Bonus terms and conditions (2nd Deposit Bonus)
- 50% Up To 1.25 BTC (or NZ$100)
- Bonus Code: 2DEP
- Maximum bonus: 1.25 BTC (or NZ$100)
- Minimum deposit: 0.0042 BTC / NZ$20
- Games: All games (some exceptions, check website)
- Wagering: 40 times bonus amount
- Wager bonus within 14 days after receiving
- Maximum win: Unlimited
- Max bet: 0.00012 BTC / NZ$1
- New players and accounts only
- Full bonus terms and conditions apply
3rd Deposit Bonus – 50% Up To 1.25 BTC (or NZ$200)
On your third deposit 7bit Casino offers you a 50% up to 1.25 BTC (or NZ$200) bonus. Again, 7bit Casino will add 0.5 BTC if you deposit 1BTC to make it 1.5 BTC to play with. They will do so up to a maximum of 1.25 BTC, so if you want to max out their bonus you will have to deposit 2.5 BTC to your account, or NZ$400 to receive NZ$200. The conditions, other than the NZ$200 max bonus, are exactly the same as the second deposit bonus. Use the Bonus Code: 3DEP to claim your third deposit bonus.
Bonus terms and conditions (3rd Deposit Bonus)
- 50% Up To 1.25 BTC (or NZ$200)
- Bonus Code: 3DEP
- Maximum bonus: 1.25 BTC (or NZ$200)
- Full bonus terms and conditions apply
4th Deposit Bonus – 100% Up To 1 BTC (or NZ$100)
On your fourth and last deposit from this welcome package, 7bit Casino offers you a 100% up to 1 BTC (or NZ$100) bonus. If you deposit 0.5 BTC, 7bit will double up your deposit to make it 1 BTC to play with. They will do so up to a maximum of 1 BTC, so if you want to max out their bonus you will have to deposit 1 BTC to your account, or NZ$100 to receive NZ$100. To cash out any winnings from the money bonus you will have to wager the bonus 40 times and there is no limit on your winnings. The terms and conditions from this bonus, are exactly the same as the second and third deposit bonus (other than the bonus amounts). Use the Bonus Code: 4DEP to claim your fourth deposit bonus!
Bonus terms and conditions (4th Deposit Bonus)
- 100% Up To 1 BTC (or NZ$100)
- Bonus Code: 4DEP
- Maximum bonus: 1 BTC (or NZ$100)
- Full bonus terms and conditions apply
This concludes their Welcome Bonus Package of up to 5 BTC (about NZ$65.000!!!). We haven’t found another online casino offering a welcome bonus anywhere like this! So make sure you claim it by using the link on our website to go to their page.
Monday Reload Bonus – 25% Up To 0.01 BTC (NZ$50)
On Mondays, if you had a busy week of gambling at 7bit casino, they offer to reload your stack with a bonus of 25% up to 0.01 BTC (or NZ$50). If you make a deposit on any Monday, 7 bit will add 25% to your account. So if you deposit 0.001 BTC, 7bit will make it 0.00125 to play with. They do so up to a maximum of 0.01 BTC (or NZ$50). So deposit 0.04 BTC and 7bit will make it a total of 0.05 to play with! This bonus needs to be wagered 40 times before you are able to cash out your winnings. The winnings on this bonus are unlimited and the max bet is 0.006 BTC (NZ$5). Make sure you wager your bonus within 14 days after receiving!
Bonus terms and conditions (Monday Reload Bonus)
- 25% Up To 0.01 BTC (or NZ$50)
- Maximum bonus: 0.01 BTC (or NZ$50)
- Minimum deposit: 0.0042 BTC / NZ$20
- Games: All games (some exceptions, check website)
- Wagering: 40 times bonus amount
- Maximum win: Unlimited
- Max bet: 0.006 BTC / NZ$5
- Wager bonus within 14 days after receiving
- Full bonus terms and conditions apply
Wednesday Free Spins Bonus – Up To 100 Free Spins
On Wednesdays you can claim the Wednesday Free Spins Bonus on your deposit of 0.003 BTC (or NZ$20) or more. If you deposit 0.003 BTC (or NZ$20) you will receive 40 free spins. If you deposit 0.006 BTC (or NZ$50) you will receive 100 free spins. With these free spins you can win up to NZ$100 (or equivalent in other currencies) if you wager the winnings from these free spins 45 times. An excellent bonus to claim on any Wednesday!
Bonus terms and conditions (Wednesday Free Spins Bonus)
- Free spins bonus on deposit made on Wednesdays
- Maximum bonus: 100 free spins
- Minimum deposit (40 free spins): 0.003 BTC / NZ$20
- Minimum deposit (100 free spins): 0.006 BTC / NZ$50
- Games: Selected games
- Wagering: 45 times free spins winnings
- Maximum win: NZ$100 (or equivalent in other currencies)
- Full bonus terms and conditions apply
Daily Cashback Bonus – Up To 15% cashback
For all new players that have signed up to 7bit Casino since January 1st of 2020, there is a Daily Cashback Bonus available. Depending on your total daily deposit you can enjoy a cashback of 5% up to 15% every day. This cashback bonus can be claimed by depositing 0.016 BTC / NZ$100 or more per day. It works in three steps:
5% cashback for deposits between 0.016 and 0.08 BTC (or NZ$100 and NZ$500) per day (or equivalent in other currencies)
10% cashback for deposits between 0.08 and 0.16 BTC (or NZ$500 and NZ$1.000) per day (or equivalent in other currencies)
15% cashback for deposits of more than 0.16 BTC (or NZ$1.000) per day (or equivalent in other currencies)
The cashback bonus must be wagered 15 times within 1 day and if you successfully complete this task you can cash out up to a max of 10 times your received bonus. The Daily Cashback Bonus is available every day except Mondays. On Mondays the Weekend Cashback will be credited to your account.
Bonus terms and conditions (Daily Cashback Bonus)
- Daily Cashback of 5% to 15%
- Maximum bonus: 15% cashback
- Minimum deposit: 0.016 BTC / NZ$100
- Wagering: 15 times cashback bonus
- Maximum win: 10 times cashback amount
- Bonus needs to be wagered within 1 day
- Full bonus terms and conditions apply
Weekend Cashback Bonus – Up To 20% Cashback
During the weekend there is a special cashback bonus available to all players from New Zealand at 7bit casino. During the weekend, which runs from Friday to Sunday, you can grab a cashback bonus of up to 20%. The cashback percentage you receive depends on your VIP status and ranges from 0% to 20%. To find out your percentage, check your VIP status in your online casino account. The Weekend Cashback bonus must be wagered 15 times within 1 day and if you successfully complete this task you can cash out up to a max of 10 times your received cashback bonus.
Bonus terms and conditions (Weekend Cashback Bonus)
- Cashback during the weekend of up to 20%
- Maximum bonus: 20% cashback
- Minimum loss to qualify: 0.0042 BTC / NZ$10 (or equivalent in other currencies)
- Cashback percentage depends on VIP status
- Minimum deposit: 0.0021 BTC / NZ$10
- Wagering: 15 times cashback amount
- Maximum win: 10 times cashback amount
- Bonus needs to be wagered within 1 day
- Full bonus terms and conditions apply
These were all the excellent and generous bonuses and promotions available at 7bit Casino for you can claim with your crypto currency. So, go to their excellent casino via the link on our website and see if you can claim their bonus of up to 5 BTC and win even more!
Making a deposit with crypto currency
To make a deposit using crypto currency at your favorite online casino, you will have to complete some steps. Firstly, set up a crypto wallet and make sure it is safe and secure and protected by all the right passwords and 2FA. Now go to a crypto trader and buy your preferred crypto currency with your bank account. Once this is successfully completed, go to your online casino and sign in. Select your crypto currency when making a deposit and choose the amount you wish to deposit. Check and verify the transaction in your crypto wallet and complete the transaction. Check your casino balance when the transaction is verified by the blockchain and see if the funds are now in your casino balance. Now you can start playing! So, to sum it up, if you want to use crypto currency to make a deposit at one of these Best Crypto Casinos from this review you have to complete the following simple steps:
- Set up a crypto wallet
- Buy a crypto currency you want to use
- Sign in to your crypto currency account with your details
- Confirm the amount for the transaction in your crypto wallet
- Complete the transaction in your crypto wallet
- Check the balance of your online casino
- Start playing!
Making a withdrawal with crypto currency
If you are done playing and ready to cash out your winnings to your crypto wallet using crypto currency as the payment method, you have to follow these next steps. Login to your online casino account and select the amount you wish to cash out. Select the crypto currency you wish to use for the transaction and login to your crypto wallet. Now check and verify all the details for the transaction (like your bitcoin address for instance) and complete the transaction. Depending on the selected speed option for the transfer your transaction will take anywhere for minutes to several hours to complete. Once the funds are in your wallet, your withdrawal is successful. So, to sum it up, follow these next steps when making a withdrawal with crypto:
- Login to your online casino account
- Go to the withdrawal section
- Select the crypto currency you wish to use for the transaction
- Choose the amount you wish to cash out
- Login to your crypto wallet
- Check and verify all the details for the transaction
- Complete the transaction in your crypto wallet
- Wait until the transaction is completed
- Check your crypto wallet balance
- The withdrawal transaction is now successfully completed
The costs of using crypto currency
Using cryptocurrency for financial transactions in online casinos presents a range of advantages, but understanding the costs involved is crucial. The expenses associated with these transactions vary depending on user preferences. In most cases, cryptocurrency users have the option to select the speed of their transactions, with faster transactions typically incurring higher fees. These fees fluctuate based on the activity level of the blockchain; when the blockchain experiences high traffic, fees rise, whereas during periods of low activity, fees decrease. Users can monitor these fluctuating fees through their wallet or various apps and websites, enabling them to choose the desired speed and corresponding costs.
During the transaction process, the selected amount is deducted from the user’s balance, resulting in a reduced net amount transferred to their crypto wallet. Unlike traditional banking systems, cryptocurrency transaction fees are not fixed; instead, they fluctuate over time based on network traffic. Opting for slower transaction speeds during periods of low blockchain activity typically results in lower fees, while instant transactions come with higher costs. Ultimately, users have the autonomy to decide on transaction speed and associated costs, providing them with flexibility and control over their financial transactions.
Conclusion
After examining the various aspects of using cryptocurrency for online casino transactions, it’s evident that this payment method offers numerous benefits, although it may not be suitable for everyone. To utilize cryptocurrency securely, users must possess a fundamental understanding of cryptocurrencies and their underlying technology. However, for those who grasp its workings, cryptocurrency emerges as an excellent payment option, offering a plethora of advantages and benefits.
One of the primary attractions of using cryptocurrency for online casino transactions is the array of exceptional bonuses and promotions offered by casinos featured on our website. These bonuses present lucrative opportunities for players to enhance their gaming experience while leveraging the advantages of cryptocurrency payments. If you haven’t already familiarized yourself with cryptocurrencies through this review, we highly recommend doing so to fully capitalize on the benefits they offer.
By educating yourself about cryptocurrencies and their potential applications in online gaming, you can maximize your gaming experience and take advantage of the exclusive bonuses and promotions available at these top crypto casinos. Don’t miss out on the opportunity to claim your rewards and elevate your online casino experience with cryptocurrency payments.
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