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Bitcoin gambling sites are growing in popularity every day, and for a good reason. These operators let you gamble using the worlds' most famous cryptocurrency and stay anonymous. BTC casinos give users freedom and flexibility, while they don't sacrifice any of the quality. Yet, many inexperienced players still aren't sure whether Bitcoin casinos are the way to go. In this article, we'll go over the basics of why you should choose the currency. Moreover, we'll teach newbies how to use it and which are the best BTC casinos online.
BTC gambling has become extremely popular over the past few years. The iGaming industry accepted it with enthusiasm, thanks to all the benefits it provides to operators. Although players were sceptical initially, Bitcoin has established itself as a preferred form of payment for many.
BTC iGaming operators allow you to play anonymously. They usually don't require any personal or banking information, and they definitely don't ask for banking details. Additionally, Bitcoin transactions are fast, easy, secure, and they enable users to keep their casino activities outside banking reports. Finally, using Bitcoin is straightforward, and it works on desktops and mobile devices.
Picking the right Bitcoin gambling sites can be challenging for players. Our goal is, as always, to provide you with the most accurate information. Therefore, we have some strict criteria that each casino must fulfil before we place it on our list of recommendations. The main aspects we consider are:
If you are new to BTC gambling, you have landed at the right spot. Given that you have already set up and loaded your Bitcoin wallet, it is now time to learn how to use it for gambling. Below, we will give you detailed instructions on how to deposit and withdraw using the cryptocurrency.
Once you have acquired some bitcoins, you are ready to play. Follow these steps to make your first deposit successfully:
Cashing out your winnings using BTC is a very easy and straightforward process. Follow these steps when you're ready to withdraw the funds from your casino account:
We want to highlight that each Bitcoin gambling operator has its own limits and fees for depositing and withdrawing. Generally, you can expect to play in mBTC, which is a milliBTC or 1/1000th of a single Bitcoin. The cryptocurrency has a soaring price these days, so it wouldn't make sense to play in BTC as that would require complicated figures.
The minimum deposit usually is between 0.001 BTC and 0.002 BTC, while the minimum withdrawal moves around 0.004 BTC. Usually, there are no processing fees. In case there are some charges, you can expect something around 2%.
The main thing you must do if you're trying to get into crypto gambling is to learn how to buy and store the currency safely. Safely is the keyword here because you can buy Bitcoin from private sellers, which we don't recommend as the risk is too high. There are better ways to get some BTC and play at Bitcoin casinos while also staying anonymous. Keep in mind that different sellers come with different rates and advantages so, choose wisely.
Bitcoin casinos didn't randomly become favourite among players worldwide. Instead, they managed to do this by offering a range of benefits to users and operators. We listed the most important ones below.
While everyone agrees that BTC gambling pampers players with pros, there are some drawbacks to consider, too. Bitcoin's price is highly volatile, meaning it can quickly lose its value. Moreover, handling your coins does include charges, which seem to be growing alongside Bitcoin's price. Finally, cryptocurrency isn't as widely accepted as other popular payment options. Plus, cryptos are still illegal in many countries. So, using this method may be impossible or inconvenient for millions of consumers.