Casino games are fun, and can also be quite profitable for a skilled player. Online casino games are almost as old as the Internet itself, and millions of people around the world enjoy playing classic casino games such as dice online. Recently, Bitcoin casinos have started to become increasingly popular among fans of online gambling.
In this guide, you will find everything there is to know about Bitcoin casinos. You will learn what differentiates Bitcoin gambling websites from traditional online casinos, you will discover the advantages of using Bitcoin casinos, and you’ll get to know how to play casino games with Bitcoin.
What is Bitcoin?
Bitcoin (BTC) is the first cryptocurrency ever made, and was launched in 2009 by a person or a group of people working under the pseudonym “Satoshi Nakamoto”. Although thousands of different cryptocurrencies have been created ever since, Bitcoin still remains the largest, most popular and most valuable digital currency.
Bitcoin is based on a technology called “blockchain”, which enables people to send and receive monetary transactions on a peer-to-peer basis, without the need of employing centralized intermediaries like banks. The main advantage of blockchain-based digital assets like Bitcoin is the fact that all transactions are protected with military-grade cryptographic algorithms, which make cryptocurrencies extremely secure.
What are the Differences between Bitcoin Casinos and Traditional Online Casinos?
Some traditional online casinos have already introduced the option of making deposits with Bitcoin and other cryptocurrencies. However, these websites merely use crypto as one of the possible payment methods, and should not be confused with specialized Bitcoin casinos which are not only crypto-exclusive, but also provide their users with many benefits enabled by the utilization of blockchain technology.
Over the past few years, Bitcoin casinos have become very popular among the fans of online gambling, and for a good reason: they can offer you many benefits not available on typical online casinos based on fiat currencies such as dollar or euro.
Advantages of Bitcoin Casinos
- 🔓 Very Secure: Extremely high security level is one of the main benefits of Bitcoin casinos. Sending, receiving and storing cryptocurrencies is a very safe method of making financial transactions, and the risk of losing your funds to a hacker or malware is very small.
- 🏅 Provably Fair: The concept of provable fairness is one of the most groundbreaking advantages of Bitcoin casinos over old-fashioned gambling websites which don’t utilize blockchain technology. Simply put, provably fair casino games include a verifiable guarantee that the casino is not cheating in any way – every single game you play can be individually verified, so that you can be 100% certain that the casino is fair with you.
- 📳 Easy to Use and Accessible: Traditional online casinos usually require the user to go through a complicated, lengthy registration and verification process. Furthermore, the user is required to own a bank account to start playing. Bitcoin casinos are much more accessible – registration usually only takes moments, and you can start playing right after you make your first Bitcoin deposit.
How to Start Playing at a Bitcoin Casino?
If you have used traditional casino websites in the past, you will be pleasantly surprised when trying a Bitcoin casino like Bitcasino.io for the first time. It’s very easy to make an account, and after completing a few simple steps you will be able to play a large selection of classic casino games such as slots, baccarat, blackjack and roulette.
Step 1: Register a Bitcasino.io Account
Go to the Bitcasino.io Sign Up page and fill the requested form. Don’t worry – you won’t be asked to disclose any sensitive information. All you have to do is set up a username and a password that you will use to log in to the platform, and provide your date of birth. After agreeing with the terms of service you will be able to register an account. To make the process even easier, you can even use your Google or Facebook profile to create an account.
Step 2: Confirm the Registration and Log In to Your Account
Bitcoin casinos like Bitcasino.io don’t require you to go through an unnecessarily lengthy and complicated verification process. Just check your email and click the verification link – your registration will be complete, and you will be automatically logged in to your new Bitcoin casino account.
Step 3: Deposit Funds to Your Account
If you already own Bitcoin or any other supported currency, you can simply use your crypto wallet to send a desired amount of cryptocurrency to the wallet address displayed on your Bitcasino.io account. Aside from Bitcoin (BTC), Bitcasino.io supports the following digital currencies: Litecoin (LTC), Tron (TRX), Ethereum (ETH), Tether (USDT), Ripple (XRP) and Cardano (ADA).
In case you don’t own any crypto, you don’t have to go through the effort of buying it on a crypto exchange. Instead, you can use the MoonPay payment processor to easily purchase BTC with your debit and credit card and send it directly to your Bitcasino.io account. If you’d like a more detailed description of making a Bitcasino.io deposit with MoonPay, you can follow the official guide in the Bitcasino.io Help Centre.
Step 4: Enjoy Playing Provably Fair Casino Games!
Crypto deposits can take anywhere from a couple minutes to about half an hour to complete, so you might need to be patient for a while. But after your funds arrive on your Bitcasino.io account, you can start playing classic casino games immediately!
Trusted Bitcoin Casino Sites
If you are looking an alternative Bitcoin Casino site to Bitcasino.io, you can check our top choices at the bottom table. All of the listed Bitcoin Casino sites are licensed in Curacao or offers Provably Fair casino games. They all offers a secure and anonymous gambling platform to crypto bettors.