- How Does Bitcoin Work?
- How To Get Your First Cryptocurrency?
- How We Rate Casinos With Cryptocurrencies
- Features of Bitcoin Casinos For US Players
- Deposit To Casino With Bitcoin
- Withdrawals From Bitcoin Casinos
- Commissions and Timings For US Players
- Bitcoin Mobile Casinos In The US
- Games In Online Crypto Casinos
- Crypto Casino Bonus In The US
- Crypto Casino Experience For US Players
How Does Bitcoin work?
The coin hit the public in 2009; it was created by an anonymous developer or developers who went under the name Satoshi Nakamoto. Bitcoin is a cryptocurrency, which is a virtual currency designed to serve as a real medium for payment. This currency is outside the control of any person, organization, or entity. This means that no third party is involved in any financial transactions.
Unlike fiat currency, BTC is created, distributed, traded, and stored using decentralized ledgers. This system is known as a blockchain. One thing worth knowing is that Bitcoin is divisible to the 8th decimal. Meaning that you can trade 100 millionths of one bitcoin. This small unit of BTC is called Satoshi.
Bitcoin is often mythicized as difficult to understand, but that is far from the truth. If you own bitcoin, you can trade with it using your crypto wallet. You can send small portions as payment for goods and services. The only point BTC becomes difficult is when you want to understand how it works.
Bitcoin employs the SHA-256 hashing algorithm to provide layers of security for the data stored in the blockchain network. This implies that every transaction record is encrypted into a 256-bit hexadecimal figure. The figure contains all information regarding the transaction and any information associated with the blocks that precede that block. These transactions are cued and verified by miners within the network.
The work of the miners is to crack the nonce. A nonce is a four-byte number contained within the block header that miners try to solve. If the nonce is solved, a new block is formed for more transactions to be verified and encrypted.
Casino players do not require such intricacies to play at the best bitcoin casinos. Gambling with bitcoins is quite easy.
How to Get Your First Cryptocurrency?
There are many perks to using cryptocurrencies to gamble. Many players want to gamble on bitcoin online casinos but need to figure out how to get their first cryptocurrency. In a bit, you will learn different ways to buy and trade crypto.
Bitcoin exchange wallets: Wallets are easy to use. All you have to do is;
- Create a wallet at the Bitcoin Online exchange: there are many exchange wallets; it is your duty to select a wallet that works best for you. Check the fees charged by the wallet. Also, make sure that the wallet is legal and endorsed.
- Begin buying or transferring money to your exchange bank account: you must place an order. The wallet will guide you through this process. Make sure you know the current value of the coin you want to buy. If your order is successful and you get credited with the coins, you can trade them as you want.
- Peer-to-peer bitcoin exchange: This is the most used method nowadays. Since no third party is involved, traders can easily sell and buy BTC among themselves. Traders create advertisements on price and preferred payment methods.
- Bitcoin Mining: Mining is quite challenging, but it is the best way to get bitcoins. Mining has to do with solving some nonce to create a new blockchain that can verify and encrypt transactions.
- ATM: You can find an ATM that supports BTC and make transactions as you want.
How Do We Rate Casinos with Cryptocurrencies?
We know how important it is for players to have the best casino experience, which is why we take our rating process seriously. Selecting the top bitcoin casinos can be challenging; we review and rank different platforms to make your decision-making process easier.
- Licensed and Regulated By an Authentic Gambling Commission: On top of the list of what we check when rating online casinos that accept bitcoin are licensed. A crypto casino online must have a license from any reputable licensing Some of the best options include Malta Gaming Authority, the UK gambling commission, etc. The license proves that the online crypto casino is legally operating. It also shows that that platform operates under laws and regulations.
- Security and Fair Play: A bitcoin online gambling casino must secure its players. We check for certificates such as the SSL certificate. ECOGRA ensures that all the games are fair and up to the required standard; we check for that too.
- Offer great promotional offers and BTC bonuses: We keep our eyes peeled for bonus offers. Not only do we consider the bonus size, but we also check the terms and conditions. We examine the wagering requirement to ensure it is realistic and offers players an actual chance at winning.
- Interface: We consider how the interface of both the native platform and mobile platform is. The interface must be user-friendly and easy to navigate. The animations must be engaging and exciting.
- Variety of Casino Games: A good cryptocurrency casino should include diverse game options. These games should span different genres and themes. Classics should be available as well as modern games. The platform must collaborate with top developers as well.
- Customer Support: We check if the platform offers 24/7 customer support. We tried out the live chat options to see how fast we could get support, and we also tried out the email option. It is expected that a casino should offer more than one means of contact.
- Fast Deposits and withdrawals: We ensure to check the means of transaction available; a decent casino cryptocurrency platform should be able to provide more than one fast method of payment.
Features of Bitcoin Casinos for Players
The more players understand the features of crypto currency casinos, the better value they make from them. So, we will present you with some of the features of the best bitcoin online casinos:
- No middleman: There is absolutely no mediator or any third party. Since records are kept on blockchain systems and trades are decentralized, a middleman is unnecessary. This is remarkable since it indicates that each transaction is distinct and highly secure.
- It is Independent of Banks: players prefer to avoid bank transactions because it is time-consuming. This is one thing that makes BTC casinos amazing. There is no need for banks or any financial institution. This implies that all transactions are fast and instant.
- Low Fees or None: Most payment methods add charges to every Online bitcoin casinos charge low fees or no fees at all. You get the full value of each deposit and withdrawal.
- Instant Transfer: crypto solves one of the oldest problems in the casino industry, slow transactions. On BTC gambling casinos, you can make instant deposits and play your favourite casino games in no time.
- Anonymity and security: gamblers love it when they can stay under the radar and have undisturbed fun. Well, that is one thing crypto offers, anonymity. Your personal information is protected, and there is no need for names or any information that gives off your identity. This makes you immune to hacks and cyberattacks.
- Financial Institutions or Government Agencies do Not regulate it: no one individual or organization controls the production, distribution, and value of BTC. This makes the currency powerful and highly valuable.
- Works globally: wherever you are in the world, you can use BTC to trade. It is not bounded to any country or region. This implies that there are no conversion fees attached to it. Its value is universal.
- The bitcoin price is constantly changing: as much as this is a blessing, it can also be a curse. Let us call it a double-sided The value of bitcoin can rise and dip whenever.
Deposit to Casino with Bitcoin
1. We know you are eager to make your first deposit at the best bitcoin casinos. We have to present you with the simplest way to deposit to a casino with bitcoin.The first thing you need to do is transfer the crypto funds to your Bitcoin address: you will need your bitcoin address to be able to make a transaction. This special token allows you to receive and send money. If you successfully fund your wallet, you are a step away from depositing into your casino bankroll. Casino sites provide other options like
- Bitcoin cash
2. Open an account at a Bitcoin casino and look for the deposit button: opening an account shouldn’t be a problem. The process is similar in any casino. If you open an account and get into the casino as a registered player, you will be welcomed with a pop-up deposit message. Otherwise, you must visit the cashier section and click on deposit.
3. Click on it and copy the provided BTC address: if you have scaled through the steps above, we applaud you. The next thing you will do is paste the address provided by the casino into your wallet. Enter the amount you want to transfer. Check the maximum and minimum limits attached to the deposit method before proceeding to enter an amount. Now click on send. Some casinos will require you to wait while the transaction is validated. This will take a short moment. If you are playing on the best bitcoin platforms, you get the credit immediately and can start playing your favourite games.
You also get to enjoy different amazing bonuses and rewards. It would be best if you kept in mind that bitcoin has an unstable value. So it is important to know the coin's value before and after every transaction.
Withdrawals from Bitcoin Casinos
Withdrawing your winnings is straightforward. You can cash out your winnings and make the most out of them in a few steps. One main advantage is that you can leave your wins in crypto. You can easily withdraw it in any supported currency if you do not want to. Let's walk you through how to withdraw from BTC gambling platforms.
- Choose bitcoin as your withdrawal method and input the sum you wish to remove from your account's balance to withdraw money in bitcoin. Make sure all of your information is accurate. Make certain you are also aware of the currency's worth at the moment of withdrawal.
- You can withdraw your earnings in PHP by connecting your cryptocurrency wallet to your credit card or bank account. Linking your wallet with your bank account is relatively simple to make the payment easier. Ensure you know the bank fee; if it is not agreeable, explore other methods.
- You can also keep an eye out for bitcoin ATMs to get your winnings in fiat currency. Otherwise, you can always keep your bitcoins and use them to make purchases or make payments for services online. Bitcoin ATMs are now possible thanks to technological advancements. There are no costs associated with withdrawing your wins from these machines. One of the most trustworthy methods you can employ is this one.
- Process it like any other payment: you have to wait for the transaction to be lodged on the blockchain. If the casino requires verification, ensure to provide it without hesitation. If there is any follow-up needed, ensure to do it.
Now you can easily withdraw your winnings. Ensure to check the currency's value, fees and other factors before withdrawing.
Commissions and Timings
Cryptocurrency solves the problem of speed and reliability for players. Transactions are processed immediately. If you want to enjoy smooth and easygoing transactions, BTC casinos are the best option for you. Some of the major perks of using such platforms include the following:
- The cryptocurrency swiftly processes every Transfer. No bank or other financial institution is serving as a middleman when processing payments with bitcoins. Since the third-party obstacle has been removed, transactions are speedier and safer. This makes transferring money and withdrawing money more simple.
- With BTC, Service charges are completely absent. Your casino account's initial deposit and any withdrawals are free of additional charges. If you already own bitcoins, you won't have to worry about the exchange fees. If you don't, you ought to know that a fee is involved in converting conventional currency into bitcoin. The exchange commission ranges from 0.8 to 1%. You can make the best value from your wins with such low charges.
You should know that you are not expected to give any financial institution any commission. So watch out for scams and fraud. There is a blockchain for all transactions. So you don’t need to pay anybody for any service when it comes to BTC.
Bitcoin Mobile Casinos
The best crypto casinos ensure that players have a decent mobile platform. This is because most players now opt for mobile play. The main advantage is convenience and privacy. BTC casino providers make their mobile platforms compatible with different devices and operating systems. This means you can enjoy your favourite games on android, iOS or windows. The casino is optimized to offer the best gambling experience.
The games are optimized using HTML5. Even smaller screens can enjoy the best graphics and audio effects. The interface is responsive and smooth. Every feature you would find on the native site is also available on the mobile platform. Some casinos make an identical design, whereas some platforms offer something new and fresh.
You also get bonuses and rewards on the mobile casino. Loyalty and VIP programmes are also made available for high-rolling and loyal players. Customers have access to a good collection of games. Some games are unavailable on most mobile platforms, but with recent technology, players can even enjoy live casino games on their mobile devices.
The amazing part of these mobile platforms is that customers still retain their anonymity and can pick up from where they stopped easily.
Games in Online Crypto Casinos
When it comes to games, cryptos casinos are exactly like any other casino or even better. The game selection is rich and encompasses different game types. These platforms collaborate with the best developers in the industry so that every game is of the best quality. The games are audited by reputable bodies to ensure that they are fair. Strict standards are maintained for these games. The classic games come in different variations, so players can never complain about variety. BTC games can offer you the best value as the worth of BTC can improve at any moment. Here are some game options you can enjoy.
Players around the world are warming up to pokies. There are many reasons for the popularity of slots, but the most obvious is the RTP attached to these titles. The RTP on most pokies is above average. This means that players can easily accumulate wins over an average period of play. There are different themes that slots are built on. This includes fruits, adventure, movies, sports, products, etc. This means that there is a good variety of slot games available. Players should understand the machine's volatility to make the best of slots. A machine with high variance will pay you big when it does, but that happens rarely. BTC slots have a high hit frequency, so players do have a chance to win.
The winning strategy of pokies is easy; all you need to do is land a winning combination. Every outcome is random.
The house edge on the standard variation of slots is just 1.35%. This means that the RTP is at a whopping 98.65%. This is significantly high. One amazing thing about roulette is that the outcome of every round is random. The RNG ensures the unpredictability of the game. This implies that players do not need any skill or strategy. So this is ideal for new players; the game's central theme is predicting where a small ball lands.
There are different variations of this game. Some of the most popular include American, European and French. The odds on the American Variation are at 94.7%, and the European version has an RTP of 97.3%. Even with chance playing an important role, the game is designed to have the player over the house. If you want to maximize your chances of winning big while minimizing risk, you should bet on colours.
This is one of the best options when it comes to BTC games. It does not rely solely on luck; players can develop strategies to help them improve their chances of winning. New players are advised to develop these tactics before playing with real money.
The game has an RTP of 97.5%, which only gives the house an advantage of 2.5%. The rules are quite simple. Hands are dealt, and the game is between the player and the dealer. The aim is to get a hand that sums to 21; if no one gets that, whichever hand is closer to 21 wins. All players bet against the dealer's hand.
There are many variations of this game, but all of them maintain most of the rules but differ in small ways. You can try out blackjack for free on some crypto platforms.
Crypto Casino Bonuses
The importance of bonuses in any casino cannot be underestimated. Players now log into their casino accounts, hoping they have a reward to start the day with. BTC platforms offer some of the most amazing bonus offers. These offers are generous, and the attached terms and conditions are realistic and reasonable. There are many ways to get bonuses, but the casino often serves them out to players. Some bonuses will require you to be part of the loyalty and VP program. Well, even if you are not part of the VIP program, there is something in store for you.
The welcome bonus is the first bonus you will enjoy. It is reserved for new players only. As implied by the name, the main idea of the bonus is to welcome you on board. A deposit often activates the bonus, but it is offered as a no-deposit bonus on some platforms. This suggests that no deposit is required to trigger the bonus. The bonus is mostly a combined package that extends to your first few deposits and comprises free spins, match deposits and free cash. Only expect a combined package some of the time; some casinos offer a standalone package.
This bonus has wagering requirements attached to it. This means that for you to be able to withdraw any winning acquired from the bonus, you must play the bonus to a certain amount. Reading through the terms and conditions before using this bonus is important.
No Deposit Bonus
Every platform wants to provide its players with the best offers. This has made gambling operators create new and amazing offers. The no-deposit bonus has been around for a while, although it was not too long ago that casinos started adopting this bonus type. The first bonus a player enjoys at a casino is a no-deposit bonus, technically. This means that most welcome bonuses are no deposit offers. These rewards can comprise free spins, free cash or even free play.
The no-deposit bonus offers you an actual risk-free opportunity to explore the casino. There are limitations to the usage of the bonus, and it is often spelt out in the terms and conditions. No BTC deposit offers last for a specific time. After that period, the bonus becomes inactive. No deposit bonuses are abundant in crypto casinos.
Free spins bonus
Slots have gained popularity, making them the most-played game in the world. Slots depend on RNG, which makes the outcome of every win random, so the game is ideal for every player. Free spins are very common nowadays.
BTC gambling casinos offer unique free spins. Some free spins are active for some particular games, whereas some can be used for almost all slot games. We know you all love progressive jackpots; unfortunately, you cannot use free spins to play progressive jackpot slots. This is because progressive jackpots have high variance, and that would defeat the purpose of the wagering requirements.
Free spins are technical regarding RTP, so we'll explain a bit. If you are offered 100 FS, and each spin is worth $0.10, then the worth of the bonus is 100 X 0.10 = $10. Now, if the wagering requirement is set at X25, you will have to play 10 X 25 = $250 to be able to withdraw your winnings.
Casino with Faucet
Many players enjoy completing tasks and getting rewarded for them. Gambling operators with faucets offer you the opportunity to do just that. You complete a small task and get tokens that you can later redeem. Since you are gambling in a crypto casino, you should know that all your faucet rewards will be in crypto.
The idea of faucets has been in the industry for quite a while now, but operators were hesitant about making it an official bonus type. Now many casinos offer players the opportunity to complete tasks and get rewards.
Faucets can be very profitable if used strategically. It is inexpensive to earn crypto rewards without playing games or making any deposits. This is good for players that want to make small side cash from referring friends, watching ads and gathering comp points.
You can mostly redeem your tokens based on the levels you have scaled in the VIP or loyalty program.
Crypto Casino Experience for Gamblers
Players are now playing their favourite crypto gambling platforms. The experience is quite new and exciting, as cryptocurrencies have only been in the industry for a short time. Players are warming up to these casinos because of the amazing rewards and promotions. Players have a ton of offers that can elevate their gambling experience. Players can opt for cryptocurrencies such as Litecoin, dogecoin, bitcoin cash, ripple, and Ethereum. Some casinos offer cryptocurrency as a category in the payment section, whereas some list the different cryptocurrencies available.
The game selections are rich and abundant. It encompasses new and old games. Players have a good and diverse variety to pick from. Crypto offers instant transactions, which means you can fund your account whenever you want to and get the value instantly.
The casinos offer a solid mobile version optimized for the best gambling experience. The cool part is you still enjoy the same or even better rewards and offers.
These gambling operators ensure that players’ funds and personal details are secured using the latest technology, such as SSL and TLS encryptions. This provides an impenetrable layer of security.