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How to Create a Bitcoin Wallet for an Online Casino

thomas williams
Written By Thomas Williams

The surge in Bitcoin supply and demand paved the way for a new type of secure, online payments. The future belongs to crypto currencies, and the most popular being the Bitcoin. In order to complete your Bitcoin payments safely and conveniently, you need a Bitcoin Wallet. In practice, the Bitcoin Wallet can be compared with a bank, where you keep your money safe. Before we get into the details, below you can find the top 11 Bitcoin online casinos. Note, some of them accept other cryptocurrencies besides Bitcoin, such as Bitcoin Cash, Litecoin, Dogecoin and Ethereum.

Top 11 Online Casinos Accepting Bitcoin

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  • slots-icon Huge range of software providers
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Welcome Bonus - UK 121% up to £100
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18+. New players only. Min deposit £10. Bonus funds are 121% up to £100. Bonus funds are separate to cash funds and subject to 35x wagering requirement. Only bonus funds count towards wagering contribution. £5 bonus max bet. Bonus funds must be used within 30 days, spins within 10 days. Affordability checks apply. Terms Apply. BeGambleAware.org #ad
Bonus Details
Welcome Bonus of 121% up to £100. ● The minimum qualifying deposit is £10. ● The maximum bet limit is £5. ● The wagering requirements are 35x the bonus amount. ● The bonus funds must used within 30 days. Any unused bonus is removed, including winnings. ● Deposits made with Skrill and/or Neteller do not qualify for this bonus offer. ● 18+, New Players Only. Gamble Responsibly. - www.begambleaware.org ● All bonuses are subject to the 21 Casino T&C. Wagering Requirements Keno - 35 x Bonus #ad
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United Kingdom, Malta
thomas williams Reviewed by Thomas
  • licence-icon Ran by reputable 888 brand
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Free Spins - UK 77 Spins
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New players only • No Deposit Offer: Claim in 48 hrs • 14 day expiry • Free Spins (FS) wins credited as bonus & capped at £10, excl. JP win • Deposit Bonus Offer: FreePlay (FP) wins credited as bonus & capped at amount received, exc. JP win • Valid for selected games • Bonus wins capped at £500, excl. JP wins • Pre-1st deposit only: Bonus wins & max redeemable amount capped at £100, excl. JP wins • 50x wagering - req. vary by game • Bonus expires in 90 days • Payment method & country restrictions apply • Withdrawal restrictions & T&Cs apply: No Deposit Offer & Deposit Offer. 18+, BeGambleAware.org #ad
Bonus Details
● 77 No Deposit Bonus Spins, available on sign up. ● Offer available to new players only once. ● Players must wager the Free Spins winnings 30 times before any withdrawals can be made. ● The maximum cashout is £10. ● 18+, New Players Only. Wagering Requirements Slots - 50 x Bonus #ad
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bank wire ukash entropay visa mastercard interac instant bank
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United Kingdom, Gibraltar
thomas williams Reviewed by Thomas
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Welcome Bonus - UK 100% up to £100 + 100 Spins
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Minimum deposit £10. 35x wagering. Offer valid for 72h. £100 bonus/100 free spins requires 3 deposits. Game weighting and T&Cs apply. 18+ New UK Players Only. #ad
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Welcome Bonus: up to £100 and 100 FS. ● Deposit 1: 100% up to £50 + 20 SPINS in Book of Dead ● Deposit 2: Reload bonus 50% up to £50 + 20 spins in Book of Dead ● Deposit 3: Deposit to get 60 spins in Book of Dead ● Minimum Deposit: £10 ● Wagering Requirements: 35x bonus. ● Free Spins Wagering Requirements: 35x winnings. ● Maximum Bet: £4 ● Bonus Expires in 21 Days. ● All free spins must be used within 24 hours. ● Game Weighting Applies. ● 18+, New Players Only. ● Full Terms Apply, Gamble Responsibly. Wagering Requirements: Slots - 35 x Bonus #ad
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bank wire ukash ecocard entropay webmoney visa mastercard giropay diners club poli interac nordea visa electron maestro visa debit euteller abaqoos moneta ru sofort przelewy24 dineromail toditocash lobanet qiwi wallet trustpay neosurf multibanco eps ekonto banklink dotpay fundsend teleingreso zimpler
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United Kingdom, Curacao, Malta
thomas williams Reviewed by Thomas
  • jackpot-icon Selection of jackpot slots
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Welcome Bonus - Live Casino 150% up to ₹20000
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Bonus Terms and Conditions
Bonus Details
Live Casino Welcome Bonus: 150% up to ₹20,000 - Use Bonus Code: CRICLIVE ● Offer subject to country restrictions. ● The minimum qualifying deposit for this promotion is ₹1000. ● The rollover requirement for the bonus is forty (40) times the deposit and bonus amount. ● The rollover requirements must be met within 15 days of claiming a bonus. ● The bonus is subject to game weighting. ● 18+, New Players Only. Wagering Requirements Live Dealer Blackjack - 200 x Bonus + Deposit, Live Dealer Roulette - 200 x Bonus + Deposit #ad
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visa mastercard ecopayz visa electron visa debit bitcoin bank transfer
Licences
Curacao
kay jones Reviewed by Kay
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Live Casino Welcome Bonus UK 100% up to £50
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18+ New players only. 7 days to opt in and deposit £10+ with a further 7 days to wager 40x on Live casino. Wagering contributions vary. Max cash reward: £50. £6 bonus has 3 day expiry to use on selected Evolution games. 10x winnings from £6 bonus. Full T&Cs apply begambleaware.org. #ad
Bonus Details
100% Deposit Bonus up to £50 & £6 live casino bonus ● 100% Deposit Offer + £6 Live Casino Chips are available to new players only. ● 100% Deposit Offer + £6 Live Casino Chips will be immediately available and visible on the "My Offers" page of the players account upon registration. ● Players will have to redeem the 100% Deposit Offer + Chips by clicking on the “Opt in and Deposit” button on the player’s “My Offers” page and making a qualifying deposit of £10 or more to activate the offer. ● The offer must be claimed within 7 days of registration, it will be no longer available after this point or if it is declined. ● Must make a single minimum deposit of £10 or more via the "My Offers" page to activate the offer. ● Matched deposit amount paid in cash will be awarded when chosen deposit has been wagered 40x times on any eligible live casino games. ● Once the wagering requirement is complete the reward and Chips will be available to claim via the “My Offers” page. ● Maximum bonus reward of £50. ● Players have 7 days from deposit time to complete wagering requirements before expiry. ● £6 Chips Bonus will be available to claim via the "My Offers" page upon qualification. ● Players will have 3 days from date claimed to play their deposit bonus. Any bonus not used will be forfeited at the end of the third day. ● £6 bonus will be split into £2 rewards daily for 3 days, after completion of the wagering, which can be played on any of the following eligible Evolution games: ● Exclusive Live Roulette ● Exclusive Infinite Blackjack ● XXXTreme Lightning Roulette ● Lightning Roulette ● Crazy Time ● Live Baccarat A ● A £50 win cap will be applied to each £2 Chip. ● All bonus winnings will be paid as cash. ● Games contribute toward the wagering requirement in the following way: ● Live Casino - 100% (except for the below) ii. Slots, Instants and Slingo - 0% iii. Table Games - 0% ● The following live games contribute 40% to the wagering requirement: French Roulette, Bac Bo Live, Fan Tan Live. ● The following live games contribute 30% to the wagering requirement: Baccarat. ● The following live games contribute 20% to the wagering requirement: Blackjack, Texas Hold'em Bonus Poker, Ultimate Texas Hold'em, Craps Live. ● The following live games contribute 10% to the wagering requirement: Cash or Crash Live. ● Qualifying stakes must be made in cash only. ● This offer can only be claimed once. Wagering Requirements: 40x on live casino games #ad
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paypal credit debit cards
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United Kingdom
kay jones Reviewed by Kay
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Welcome Bonus 100% up to 1000€ + 900 Spins
Claim Bonus
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Wagering requirement is x50 / Wagering requirement on deposit bonus must be completed within 21 Days / Max. bet is €3 on bonus money / Wagering requirement on Free Spins winnings must be completed within 1 Day / Minimum deposit to claim Welcome Bonus is €10 / The 900 Free Spins consist of 10 spins per day for 90 days / Free Spins that haven't been played will not be accumulated but considered unredeemed and cannot be used at a later stage. / 21.com’s general Terms & Conditions and Bonus rules apply. #ad
Bonus Details
Welcome Bonus Up to €/$1000 + 900 Free Spins on Vampite vs. Wolves ● Deposit: 100% - €/$100 + 900 Free Spins on Vampite vs. Wolves - Use Bonus Code: BON1 . ● Deposit: 25% - €/$500, Use Bonus Code: BON2. ● Deposit: 50% - €/$300, Use Bonus Code: BON3. ● Deposit: 100% - €/$100, Use Bonus Code: BON4. ● Min. qualifying deposit is €/$10. ● 900 Free Spins activated on first deposit and you will get 10 Free Spins every day for 90 days. ● Players must wager the bonus amount 50x before any withdrawals can be made. ● Max bet €3 on bonus money. ● Game weighting applies. ● 18+, New Players Only. Wagering Requirements #ad
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visa mastercard trustly rapid transfer pay n play
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Malta
kay jones Reviewed by Kay

Why Should You Get a Bitcoin Wallet?

It’s essential to have a Bitcoin Wallet because it adds additional layers of security and makes deposits and withdrawals way more convenient. Note, make sure you transfer your Bitcoins from the Bitcoin Exchange to your Bitcoin Wallet. Bitcoin Exchanges try to discourage their customers from keeping the Bitcoins there for a long time with unnecessary fees. That’s why it’s best to have them transferred as soon as the Bitcoin exchange transaction is completed.

Below you can find an extensive guide how to create a Bitcoin Wallet along some very useful information regarding Bitcoin Wallets in general.

First, let’s take a look at some general facts about Bitcoin Wallets.

Types of Bitcoin and Other Cryptocurrency Wallets

Despite the Bitcoin being an online crypto currency, you’d be surprised to know that there are several different types of Bitcoin Wallets based on their nature and how they work.

  1. Universal Bitcoin Wallets
    Bitcoin Wallets that are available on multiple platforms and can be used both offline and online are called Universal Bitcoin Wallets. They’re versatile, flexible, but they are also exposed the most to a variety of threats. The below mentioned wallets fall into this category as well. The most commonly used Bitcoin Wallets in the online gaming industry are Cubits, Circle, Blockchain, Sparecoins and Coinjar.
  2. Hardware Bitcoin Wallets
    In fact, hardware Bitcoin Wallets are just tiny, compact computers or smart memory cards where you can store your private Bitcoin keys. Their sole purpose is to create private keys on demand. Although they are among the safest, hardware Bitcoin Wallets are inconvenient, especially for making online casino deposits and withdrawals.
  3. Paper Wallets
    Print out the private key. The safest method, yet the most inconvenient one.
  4. Online Bitcoin Wallets (Web Wallets)
    As an online casino player willing to deposit in Bitcoin, you will need an online Bitcoin Wallet or a Web Bitcoin Wallet. Besides desktop devices, they’re also compatible with mobile devices operating on iOS, Android and Windows.
    1. Mobile Bitcoin Wallets for iOS – Copay, Airbitz, Breadwallet being the favorite.
    2. Mobile Bitcoin Wallets for Android - Bitcoin Wallet, GreenBits, Mycelium.
    3. Desktop Wallets – Bitcoin Core (The Official Bitcoin Wallet with highest level of privacy), Armory (most developed), MultBit HD, Electrum.

How to Open a Bitcoin Wallet Account

Note, if you want to have the edge to quickly deposit and withdraw from an online using Bitcoin you will need a Bitcoin Wallet that’s connected to the internet. Later we’ll show you how to maximize the privacy of your Bitcoins, but first, let’s see how the registration of a Bitcoin Wallet looks like.

  1. Register at an Online Bitcoin Wallet Provider
    Opening a Bitcoin Wallet Account is as easy as opening a new email account. In fact, the purpose of the Bitcoin Wallet is exactly the same. In essence, the Bitcoin address you’re going to get has the same role as an email address. The Bitcoin address is the email address, whereas the private key which matches your Bitcoins is your email password. Anybody can send Bitcoins to your Bitcoin address, like anybody can send mail to your email.
    At this point, you only need to provide the Bitcoin Wallet provider with a valid email address and a password of your choice. Bitcoin Wallets allow you to buy and sell Bitcoins, they act like Bitcoin Exchanges, however, we strongly discourage this practice due to security reasons.
  2. Verify your Email
    An email will be sent to the email you’ve registered with. Just click on the link in the message to verify your email and to activate your Bitcoin Wallet account.
  3. Add Bitcoins to Your Bitcoin Wallet
    But not all of it. We recommend storing larger amounts of Bitcoins in a different type of Bitcoin Wallet like Hardware Bitcoin Wallets or on a computer device that’s not connected on the internet. For example, you can keep between $200 to $500 of Bitcoins in your Bitcoin Wallet to minimize the risk. Let this be your spending account, whereas the hardware Bitcoin Wallet can be your savings bank account.
    In essence, this will look like a copy-paste procedure where you’re copying long chains of letters and numbers.
  4. Deposit to an Online Casino that accepts Bitcoins
    Be careful how you use and to whom you send your private Bitcoin keys. To deposit to an online casino that accept Bitcoins, open your Bitcoin Wallet. Now find the Bitcoin address THAT HAS BEEN GIVEN TO YOU BY THE CASINO, deposits made to this address will be transferred to your player account. If you can’t find it, contact customer support. Usually, this address will be provided in the cashier or once you click on the deposit button. Copy the address and paste it in your Bitcoin Wallet. Insert the amount you wish to deposit. The transaction can take at the very least a few seconds, but it usually takes a couple of minutes.
  5. Withdraw From an Online Casino
    The process is the same, however, this time around, the casino will ask for your Bitcoin Wallet address. Provide them with it accordingly and they will complete the payment as soon as possible.

Why are Cryptocurrency Online Casinos Gaining Popularity?

Bitcoin and other crypto currency online casinos are not that popular amongst EU and UK players. However, they are the only choice of players who are located in regions where online gaming is illegal. Players from the USA, casino players from Australia and so on, join online casinos that accept Bitcoin and other crypto currencies. Now, in the eyes of the authorities, this is illegal, yet the transactions cannot be tracked.

Bitcoin Cash online casinos are the new big thing due to the significantly lower transaction fees. It didn’t take look for Bitcoin online casinos to adopt the recently created twin currency of the popular Bitcoin. Many Bitcoin casino players prefer to play with cryptos because this is how they avoid the scrutinous verification checks, and how they speed up the withdrawals. Basically, that’s it! It’s not rocket science.

A big number of online casino players lost thousands of dollars/euros following the Bitcoin plunge from $20,000 to $8,000. Then again, this is not the casino’s fault. Know the threats of playing with cryptos before you make your deposits. You never know where things will go. The thing is, as a Bitcoin casino player you’re betting on the Bitcoin! However, from what we saw in early 2023, it’s not such a “bet” after all. It has gotten to a point where it’s stable, in spite of the external influences.

Meet the Author
As the Editor-in-Chief of CasinoCountdown, I'm always on the hunt for fresh casinos and slots. After all, it's my job to ensure you have the facts you need to make the right online gaming decisions for you. Once I find something I think you'll like, I always try it out myself. Only the best sites and games are given my seal of approval. You'll also find me sharing my casino knowledge on our guide and strategy pages. With many years of experience in the iGaming sector, I'm sure I can help you.