Bitcoin has become one of the most popular forms of digital currencies (known as ‘cryptocurrencies’). As the ever-expanding market of cryptocurrency grows, as does the availability for their application and especially in the world of online casinos. So much so, that dozens of online casinos using Bitcoin offer a plethora of casino games including slots, roulette, table games and more.
There are many benefits to using the Bitcoin online payment system, for example it uses your e-wallet to transfer funds securely and almost anonymously. Online casinos accepting this cryptocurrency makes the payment process almost instant because everything is done online and there is no one company that owns its transactions or process. However, as all casinos differ, it would be worthwhile to contact the cashier first. In some cases, the player is able to deposit and withdraw with Bitcoin, whereas others transfer the Bitcoin value into casino credit at a set exchange rate which is then also used to deposit your winnings back into the e-wallet (no rise/fall of the fee during your play as would be with bank transactions).
Online casinos can vary in nature through their currency-use as some use only fiat currency, others use only Bitcoin, and the ‘best-of-both-worlds’ accept both currencies (known as ‘hybrid casinos’). The games on online casinos (and particularly those accepting Bitcoin) are exponentially more in quantity than land-based casinos, ranging through all of the traditional favourite casino games. The added advantage to Bitcoin users is that they can play in the comfort of their pyjamas while enjoying a lower house edge. The list below indicates some online casinos that accept Bitcoin.
- Bet Online
- Aladdin’s Gold
- Lucky Red
- Liberty Slots
- Casino Extreme
- Fun Casino
There are also plenty of other online casinos considering working with bitcoin in the future, including Mr Green, LeoVegas and the UK casino Vera and John.
In order to provide customers with more fun competition, a larger variety of games and ease-of-use online, an increasing number of online casinos are adopting Bitcoin as their cryptocurrency of choice. This worldwide phenomenon is causing a dramatic but exciting change in the online casino community with the buzz being that Bitcoin is altering the playing field. Traditional casinos are seeking to merge with these ideas thereby becoming part of this market that makes online gambling more efficient, secure and widely accessible on different platforms. Bonuses and promotions are sometimes tailored to Bitcoin users as well, making online gambling with Bitcoin all the more worthwhile.