New York, NY (Top40 Charts) Since 2009, Bitcoin has been gaining value and popularity. Institutional acceptance and interest from high-profile investors contribute to its explosive growth. As of this writing, one coin is worth over $55,000. As the system is decentralized and anonymous, it attracts gamblers worldwide. More and more casinos accept BTC as a payment method. Follow our guide to find the best website for your needs.
Using Bitcoin for bets has multiple advantages. First, most financial operations are instant. Secondly, the providers have low costs, so players avoid transaction fees. The best sites on review BTC casino lists allow you to play all popular games, and sports bets are also possible. The system protects your privacy and sensitive information, as only your email and wallet address must be shared.
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Provable Fairness
Reliable platforms are based on provably fair gaming technology. This is a system of encryption for casino numbers. It ensures fairness for both parties — the player and the provider. Cryptocurrency hashing codes wager details into a hash string. When a stake is made, it goes back to the server. Then, advanced algorithms should verify it. In case of interference, approval is denied. This makes cheating impossible.
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Safe and Easy Depositing
Making a crypto deposit is simple. There are only a few simple steps. Register an account, copy the wallet address of your betting room, and enter it into your own Bitcoin wallet. You can send as little as 0.0001 BTC. The minimum deposit requirement must be clearly stated in the terms and conditions. Your balance will be credited in a few minutes.
Without a Bitcoin wallet, depositing is possible, albeit slower. Coin storage, either hardware or software, is required. You may get it from the official website for your charge. Then get bitcoins for fiat money on a reliable exchange, such as Coinbase. Peer2Peer systems are less reliable, and you should definitely avoid buying Bitcoin from strangers on Reddit.
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Fast Withdrawals
Collecting winnings is as fast as making a deposit. All you need to do is go to the corresponding section of the site and enter your wallet address. Specify the amount and submit the request. Crypto withdrawals are impressively speedy.
In the case of large winnings, the casino may need about 12 hours to clear them. Still, this is much faster than conventional withdrawals. When winnings are sent to a debit card or bank account, this takes at least several days on average.
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Attractive Bonuses
Match bonuses are the most common. The casino adds a percentage of your deposit up to a certain amount (from 25% to 300%). You may even receive several crypto coins from the house! Match bonuses in fiat-based casinos are meagre in comparison — there, you may get a few hundred dollars at most.
To find the best bonuses, pay attention to the expiry date and the wagering requirement. The latter is a special multiplier. It shows how many times you need to wager the bonus to collect it. The best rates are between 20 and 35. In addition, bonuses may be restricted to particular games.
Most casinos reward players for signing up. No deposit bonuses are less common, and their size is relatively modest. Often, you can get 10-30 free spins for progressive slots. Sometimes, you may even get fractions of Bitcoin from the get-go — say, 1-5 mBTC.
High rollers are treated to special promotions. For example, the deposit welcome gift may add up to 10 BTC to your balance. In addition, there are regular bonuses. Finally, every status level brings a certain number of loyalty points.
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Games Variety
Most Bitcoin casinos offer a game range comparable to their conventional counterparts. You may play timeless classics like roulette, blackjack, baccarat, and video poker. There are also three- and five-reel slots for any taste. Live dealer games allow you to play against a human croupier. Finally, some platforms include sports betting.
The Bottom Line
In terms of content, Bitcoin casinos are similar to traditional gaming rooms. The only difference is that you play with digital cash, and the interface is focused on it. Bigger rewards, faster transactions, and better security make BTC gambling extremely attractive.
