Do you like to deposit and play at online casinos in Bitcoins? Well, now you can! More and more entities have started accepting Bitcoin as a payment service. You can pay with it and trade it for other currencies as well. The main reason merchants are accepting Bitcoin is because of the almost non-existent processing fees involved, unlike credit cards. Today, it’s the payment method of choice of online casino players from all around the world, especially the USA, Canada and Australia, but it’s quite popular in the UK, Germany and Eastern Europe. Here are the best Bitcoin online casinos along with what they have to offer to new players in terms of bonuses.
1st Deposit Bonus: 100% up to 400 mBTC.
2nd Deposit Bonus: 50% up to 500 mBTC.
The minimum qualifying deposit is 1 mBTC.
250 Free Spins on selected slots.
The minimum qualifying deposit is €20.
You will get additional 750 Free Spins as you play.
For every €100 wagered, you get 50 Free Spins released until you reach the total sum of 1,000 Free Spins.
The winnings from the Free Spins are free from wagering requirements.
The offer is available to new players only.
1st Deposit Bonus: 100% up to 0.2 BTC.
3rd Deposit Bonus: 150% up to 0.5 BTC.
The minimum qualifying deposit is 0.1 BTC.
1st Deposit Bonus: 300% up to $1,500 - Use Bonus Code: SLBITCOIN300.
2nd Deposit Bonus: 150% up to $750 - Use Bonus Code: SLBITCOIN150.
3rd Deposit Bonus: 150% up to $750 - Use Bonus Code: SLBITCOIN150.
4th Deposit Bonus: 150% up to $750 - Use Bonus Code: SLBITCOIN150.
5th Deposit Bonus: 150% up to $750 - Use Bonus Code: SLBITCOIN150.
6th Deposit Bonus: 150% up to $750 - Use Bonus Code: SLBITCOIN150.
7th Deposit Bonus: 150% up to $750 - Use Bonus Code: SLBITCOIN150.
8th Deposit Bonus: 150% up to $750 - Use Bonus Code: SLBITCOIN150.
9th Deposit Bonus: 150% up to $750 - Use Bonus Code: SLBITCOIN150.
Welcome Bonus of 150% up to $900 in BTC ONLY - Use Bonus Code: BOCBITCOIN150.
The minimum qualifying deposit is $20 in BTC.
This bonus offer is available to new players only.
1st Deposit Bonus: 350% up to $3,500 in BTC - Use Bonus Code: BTC350.
2ndDeposit Bonus: 350% up to $3,500 in BTC - Use Bonus Code: BTC350.
3rd Deposit Bonus: 350% up to $3,500 in BTC - Use Bonus Code: BTC350.
The minimum qualifying deposit is $20 in BTC.
Welcome Bonus of 100% up to $/€500 - Use Bonus Code: EXTREME.
Players can claim this bonus offer a total of 6 times, in total $/€3,000.
The minimum qualifying deposit is $/€20.
The maximum cashout is limited to 30x the associated deposit amount.
1st Deposit Bonus: 100% up to $/€/£1,000. (wagering requirements 50xdb)
2nd Deposit Bonus: 50% up to $/€/£500.
3rd Deposit Bonus: 30% up to $/€/£300.
4th Deposit Bonus: 100% up to $/€/£100.(wagering requirements 50xdb)
Deposits made via Skrill, NETeller, Bitcoin or Credit/Debit Card are boosted by 25%.(wagering requirements of 12xdb)
The minimum qualifying deposit is $/€/£25.
Once you set up your own Bitcoin wallet it is easy to deposit. Because of how Bitcoin works, meaning, there are no mediators, all Bitcoin deposits are immediate. Should there be any verification checks, which in most cases there are, it shouldn’t take longer than 30 minutes before you are allowed to start playing with real money, or with your Bitcoins. On the other hand, renowned online casinos allow the player to start playing instantly. It’s one of the benefits of playing at a reputable online casino.
Online casinos usually set a minimum and a maximum deposit limit. When it comes to Bitcoins, there’s no maximum deposit limit. Players are allowed to deposit as much as they want. On the other end, the minimum amount that a player can deposit is 0.0001 BTC. It is so low it’s inconsiderable, because you can’t play even one spin with that amount. Compared in other currencies, the minimum amount you can deposit with Bitcoin at casinos is €/$0.07. Basically, Bitcoin deposits are free from all sorts of limits.
Players who deposit smaller amounts on a regular basis will be delighted to know that there are no fees whatsoever. But this doesn’t necessarily mean that your Bitcoin Wallet provider won’t charge you any fees. This is subject to individual terms and conditions and it all depends on the Bitcoin Wallet’s terms and conditions.
Bitcoin cuts the middle man, therefore both the online casino operator and the online casino player actually benefit from using Bitcoin as a payment method. Since you probably already deposited using Bitcoin, you should have your own Bitcoin Wallet. Withdrawing with Bitcoin is as easy as with any other payment methods.
Make sure that you’ve provided the documents requested by the operator part of the identity verification procedure and you’re good to go. Insert your Bitcoin Wallet information and you will receive your withdrawal in a manner of minutes.
The short answer is, it depends where you’re located. It’s a legal and fully regulated currency in the USA, subject to all known taxes and laws. It’s also legal in Australia, the UK treats it as an unregulated currency, which means it’s not illegal. Bitcoin is fully legal in New Zealand, Finland and Norway, whereas the Swedish government has not decided what it will do. For the time being you can use Bitcoin if you’re located in Sweden. Brazil is also a big market when it comes to Bitcoin. However, it’s best if you check for your region once again, because the regulations are subject to change. After all, we live in a dynamic era, and the governments have been known to change their minds when it comes to serious matters of this kind.
If the government doesn’t want to tax the transactions made with Bitcoins, nothing stops you from playing online with Bitcoins. If Bitcoins are regulated in your country, such as the USA for instance, make sure you settle your taxes, including Bitcoin transaction. Not that it’s easy for the tax authority to keep track of the transactions, but you better be safe than sorry.
Bitcoin is a decentralized crypto currency that exists only on the internet. It’s intangible. Nobody can take it away from you, but only as long as you keep your Bitcoin Wallet private and safe. Bitcoins come with two keys, encrypted codes to be precise. One key is located in your Bitcoin Wallet, whereas the other is dispersed across the global Bitcoin server network, powered by common people like you. When you’re making a transaction, your key, your encrypted code is given to the online casino operator, which then results in an increase of funds in your online casino cash balance. Bitcoin payments are fast, secure and anonymous. These are the core features of Bitcoins that allowed it to persevere through all the pressure imposed by official authorities and regulators. It started small as an unregulated crypto currency, but today there’s a stock like regulated price like any other currency has. In other words, a Bitcoin is as reliable as any other currency on the market, and in some instances it’s proven to be much more reliable than common currencies.
In simple words, the Bitcoin is impenetrable. Credit cards are at the forefront of safety issues because of how and where we use them. Bitcoins are nowhere near the danger line.
Over the past few years a number of online casinos have started accepting Bitcoins as a valid currency. Some of the top online casinos that accept Bitcoin we’d like to recommend are BitStarz Casino, Playamo Casino and LOKI Casino. These are our top picks, but there are other online casinos that are willing to accept your Bitcoin deposits and that will allow you to withdraw in Bitcoins. You can find the rest listed above. It’s not just that they accept Bitcoin and we’re calling them the best Bitcoin online casinos. They’re on this list because their other qualities are up to par, but in some areas they go beyond our expectations.