Learn how to – How to gamble at Bitcoin Casino

Learn how to – How to gamble at Bitcoin Casino.

Any online casino fan will tell you that finding a balance between software quality and platform reliability is important for a comfortable slots experience. When it comes to gambling for money, the issue of payment security becomes a priority. Advances in technology have taken casino payment systems to a new level. This has led to the emergence of cryptocurrency, a fully digital, decentralised online payment method. Players can use cryptocurrencies as a payment method as well as choosing them as their primary currency. Security, anonymity, high transfer speed — it is the quintessence that cryptocurrency casinos rely on.

In this article, BestAuCasinosOnline will look at the main advantages of gambling with cryptocurrencies, discuss bitcoin casino bonuses, rules for making a deposit, withdrawal of cryptocurrency winnings.

How to use bitcoin and other cryptocurrencies correctly

The first casino to accept cryptocurrency appeared in 2011. Today, there are dozens of online casinos online that accept cryptocurrency payments. Some casinos offer Bitcoin deposits, others support Litecoin, Ethereum, Ripple, etc.

The rapid development of blockchain technology has led to the rise in popularity of cryptocurrency casinos in 2022. According to experts, one in every two digital asset transactions is in the gambling industry. Altcoins are successfully used to pay for goods on a par with euros, hryvnias, etc. El Salvador became the first country in the world where bitcoin received the status of official means of payment. In some countries of the world with bitcoin you can buy a ticket, pay the bill in a cafe, etc. Some online casinos have supported the initiative and introduced the function of depositing funds with the help of crypto. Bitcoin is the most popular in iGaming. When registering, a player can open an account in Bitcoin (BTC) or Bitcoin Cash (BCH).

How to choose the best bitcoin casino

Given the ever-growing range of cryptocurrency-enabled online casinos, it’s important to choose a reliable site that complies with all the conditions for fair and responsible gaming. If you are in search of a bitcoin casino, we advise you to pay attention to the following criteria:

1. Official licence. The best bitcoin casino must have a gambling permit issued by a reputable jurisdiction. For example, UKGC, Curacao eGaming or Malta eGaming.
2. Fast deposits and withdrawals. The speed of money transactions is not even in question. All transfers should take place within minutes. If a cryptocurrency casino delays payments for more than a day, you are most likely dealing with a scam.
3. Support for all major cryptocurrencies. A gambling club should work with all popular assets, including Bitcoin, Ethereum and Litecoin. Support for obscure or loss-making coins like LUNA is of little interest.
4. Good customer service. Digital currencies are always an issue for gamblers. A FAQ section on the website is desirable, as well as a live chat or phone with Russian-speaking technical support.
5. Beneficial bonuses. Reputable bitcoin casinos always offer pleasant incentives to players. Among the most popular are welcome bonuses, no-drop, reload bonuses, deposit bonuses, and cashback. In addition, a player can get additional prizes for betting in cryptocurrency by taking part in a loyalty program.
6. Decentralisation. Any online casino with cryptocurrency support must use a decentralised, open-source platform. It makes the game completely transparent and secure.
7. Compatibility with mobile devices. One of the basic principles of blockchain is that payments can be made anywhere, anytime. A good casino is adapted for mobile screens and runs on all modern smartphones.
8. Assortment of games. A rich catalogue of bitcoin video slots is another criterion for a quality institution. In such casinos, several thousand games are available for all tastes: video slots with jackpots, baccarat, blackjack, video poker, keno, bingo, etc.

If the online casino you choose meets all of the above criteria, you can move on to register and fund your account.

Advantages of playing at bitcoin casinos

To simplify your search for the best payment method for online casino, we will take a detailed look at all the advantages of playing in bitcoin casino:

1. 100% privacy and anonymity. The player will not have to give bank details or other financial data to the operator. Transactions in the casino are not displayed in the bank statement.
2. Payment security. Playing in a Bitcoin casino is always safe, because the assets belong only to the client. Even if they have problems with their bank account, no one will block the casino account.
3. Profit growth prospects. Income of gamblers who bet in fiat currency (dollars, euros, rubles) directly depends on the exchange rate. The money won 2-3 months ago may quickly depreciate. In 2012 bitcoin was worth USD 13,4 and today it is worth USD 20,000. Impressive, isn’t it?
4. Bets of any size. The Bitcoin digital coin is divided into 100 million units of exchange. Thanks to this feature of bitcoin, punters can make micro bets, risking small amounts of money.
5. Transactions without currency exchange. The gambler does not have to convert the cryptocurrency. All payments take place without the involvement of banks, so the commission is lower or non-existent.

Once the cryptocurrencies are credited to your gaming account, you can go to the game catalogue and make your choice.

Disadvantages of playing at bitcoin casinos

Online casinos that offer betting on cryptocurrency also have their own disadvantages. Let’s list them below:

1. The volatility of cryptocurrencies is both an advantage and a disadvantage. BTC can rise today and fall by 10-15% tomorrow. No expert can predict what will happen to cryptocurrencies in a week or a month. Consider the risks before gambling on altcoins.
2. Lack of legal status. Some countries in the world do not yet have a special document that allows cryptocurrency monetary circulation.
3. Not all operators accept bitcoin. Before you sign up, check if the online gambling club you choose accepts digital tokens.

Only a few suppliers have yet to update their slot machines to accept other cryptocurrencies. The games from NYX, NetEnt, Amatic, or GameArt do not support bitcoin. We believe that the increasing popularity of cryptocurrencies in online casinos will drive providers to thoroughly alter their gaming offerings.