Online casinos that accept Bitcoin
In this article we will discuss one of the most revolutionary payment systems of recent years - Bitcoin. It is an option that is becoming increasingly attractive to players around the world due to its low transaction fees and speed of money transfer.
We examine best online casino that accepts bitcoin in the context of its use in online casinos, covering everything you need to know to safely add Bitcoin to your list of payment options.
Let's start with some background.
What is Bitcoin?
Bitcoin is an online payment system and a digital currency often referred to as a cryptocurrency. The US Treasury Department refers to it as a virtual currency. It works through a software "wallet" stored on the owner's computer that allows them to pay for goods and services worldwide. The software is completely open source, not owned by any one company, and is available to all.
Bitcoin is an online payment system and a digital currency often referred to as a cryptocurrency. The US Treasury Department refers to it as a virtual currency. It works through a software "wallet" stored on the owner's computer that allows them to pay for goods and services worldwide. The software is completely open source, not owned by any one company, and is available to all.
Bitcoins can be exchanged for your regular currency - and vice versa at Bitcoin exchanges. It is even possible to earn Bitcoins through a process called mining, where you use your own computer to perform calculations to generate new Bitcoins. This option has become too computationally intensive to be worthwhile for most people these days, so the easier option is to go to an exchange and buy them with your own money.
People can use Bitcoin to make payments to others - both individuals and businesses - from their wallets. One of the benefits is the low transaction fee compared to credit cards or payment systems like PayPal. Bitcoins can be spent directly from a computer, tablet or smartphone and the system uses the highest levels of security to ensure user safety.
As you can see, the Bitcoin payment system has a lot to offer. It's easy to use and very secure, ideal for transactions with online businesses like casinos. As it is also easily convertible back into your normal currency, it is one of the easiest methods of online payment once you have it set up.
Businesses especially appreciate the low fees, which can even be zero in some cases. Bitcoin is also great for casino sites if you only want to deposit a small amount to take advantage of bonus offers when trying out a new service.
The other advantage of Bitcoin is its relative anonymity. Although this is not a problem for many, for some people it can be beneficial to be able to deposit into a casino account without being linked to a bank account or credit/debit cards.
5 things to check when choosing a casino that accepts Bitcoin
After seeing the benefits of Bitcoin, it's no surprise that many people choose to look for casinos that accept the payment method. Now let's look at the casinos themselves. What should you look for when choosing your next casino?
After seeing the benefits of Bitcoin, it's no surprise that many people choose to look for casinos that accept the payment method. Now let's look at the casinos themselves. What should you look for when choosing your next casino?
Security: This should be an important factor however you choose to fund your casino account. While Bitcoin itself offers very secure payments, it is important that the casino protects your data from other risks such as identity theft. Legitimate sites clearly display relevant gambling licences or other regulations on their website. The sites themselves should be fully secured to ensure that your data is always protected.
Software: By 'software' here we mean the technology used to bring an online casino experience to your computer or mobile device and how it behaves when used. The solution used affects the range of games available to you and how enjoyable they are to play. All casinos should include the essentials such as roulette, blackjack and so on, but additional games and options are often determined by the underlying platform the casino uses - this is particularly the case with slot machines. There are varioussoftware providers - you can find casino software reviews here on the site - but the most important thing is to find a game that you enjoy. That's the whole point! After all, that's the whole point of signing up!
Bonuses and offers: If everything else is identical, look for the casino that offers you the best sign-up offers. We refrain from recommending that you look for the best bonuses above all else. Security and the ability to play the games you want to play should always be your top priority. Getting bonuses is just a nice way to get a good start at the casino in question. Also remember that bonuses come with restrictions and requirements and are not really "free money". That being said, it's always nice to have a little extra money to play with. You can find a lot more information about casino bonuses right here on the site.
Good reviews: You're obviously looking for a casino site that offers a good user experience, but how can you find one? The only sure way is to compare existing reviews for casino sites and make sure those on your shortlist have a positive rating. Don't be fooled by 100% satisfaction ratings, they are often a sign of review manipulation. You are looking for an overall positive outcome, so don't be distracted by individual negative reviews either.
Account funding options: You probably consider Bitcoin as your primary payment method, but it's always worth checking out the other deposit and withdrawal methods available. Look out for any particular restrictions so you can be sure you can access your money at any time. Also be aware of excessive fees for withdrawals, delays and other factors that could become deal breakers over time.
Software: By 'software' here we mean the technology used to bring an online casino experience to your computer or mobile device and how it behaves when used. The solution used affects the range of games available to you and how enjoyable they are to play. All casinos should include the essentials such as roulette, blackjack and so on, but additional games and options are often determined by the underlying platform the casino uses - this is particularly the case with slot machines. There are varioussoftware providers - you can find casino software reviews here on the site - but the most important thing is to find a game that you enjoy. That's the whole point! After all, that's the whole point of signing up!
Bonuses and offers: If everything else is identical, look for the casino that offers you the best sign-up offers. We refrain from recommending that you look for the best bonuses above all else. Security and the ability to play the games you want to play should always be your top priority. Getting bonuses is just a nice way to get a good start at the casino in question. Also remember that bonuses come with restrictions and requirements and are not really "free money". That being said, it's always nice to have a little extra money to play with. You can find a lot more information about casino bonuses right here on the site.
Good reviews: You're obviously looking for a casino site that offers a good user experience, but how can you find one? The only sure way is to compare existing reviews for casino sites and make sure those on your shortlist have a positive rating. Don't be fooled by 100% satisfaction ratings, they are often a sign of review manipulation. You are looking for an overall positive outcome, so don't be distracted by individual negative reviews either.
Account funding options: You probably consider Bitcoin as your primary payment method, but it's always worth checking out the other deposit and withdrawal methods available. Look out for any particular restrictions so you can be sure you can access your money at any time. Also be aware of excessive fees for withdrawals, delays and other factors that could become deal breakers over time.
