Though a relatively new technology, Bitcoin is quickly becoming a sensation that more and more online platforms are accepting as a payment method. Many online casinos have also added Bitcoin as an acceptable method of payment and the list of endorsers is on the rise.
Gamers who prefer Bitcoin can play at various casinos as listed on Online CasinoRank™. They can play at such online casinos as Megapari, BAO, Betmaster, Red Stag, ZigZag 777, IviCasino, and Spin Samurai among others. The site also offers more information about Bitcoin including how to fund a player's account with bitcoin, and the advantages of using this method.
Few in the world have not come across the emergence and dramatic rise of Bitcoin. Bitcoin (₿) is a digital cryptocurrency distributed with the almost equally famous blockchain technology. It is a peer-to-peer technology that enables people and companies to send the currency Bitcoing to each other without no country backing the currency. It is purely based on trust between people and the belief that the blockchain technology with a digitally distributed ledger will safely confirm and store this currency asset. Bitcoin was founded and released in 2009. 2017 was the year that it became a worldwide famous phenomenon.
The user first has to create an e-wallet for themselves which will be used to store the cryptocurrency and is necessary for depositing at online casinos. Plus, Bitcoins in the e-wallet can be used in any market that is accepting them. There are plenty of resources for obtaining e-wallets online
Once a Bitcoin customer has an e-wallet to use to store their cryptocurrency in, then they need sources to be able to buy the currency from. There are several online resources available for this. Also, there are several on land Bitcoin kiosks which are used for this, that are much like ATMs.
Once a casino which is offering deposit options with Bitcoin has been chosen, it is a matter of registering at it so that the player can access the deposit platform at the casino. Then, selecting the Bitcoin deposit option that will be available among the other choices.
The casino will then provide a screen which will ask for all the information that is going to be needed for the payment to be made from the e-wallet into the player's casino account. Once this is completed, then the money deposited will get transferred to the player's account for playing use.
Many people who are using cryptocurrency for online transactions are doing so for privacy reasons. They don't have anybody tracking where they are spending their money. There are no third parties conducting transactions at the online casinos on their behalf. This is something many depositors like.
Casinos like the use of Bitcoin because it is convenient for them as well. However, completing a transaction with Bitcoin can be a little slower than some of the other methods which are almost instant. However, players are prepared for a short delay because of the other benefits they are enjoying.
| Rank | Casino | Bonus | Rating |
|---|---|---|---|
| 1 | LibraBet | 100% up to $500 + 200 free spins | 7.75 |
| 2 | Rabona | 100% up to $100 | 8.25 |
| 3 | Betmaster | Up to € /$/£ 300 + 40 free spins | 8.99 |
| 4 | Bob Casino | $500 | 8 |
| 5 | Nomini | 100% Bonus up to $500 + 100 freespins | 8.3 |
| 6 | Betchan | $300 | 8 |
| 7 | William Hill | $300 | 9 |
| 8 | BoaBoa | $500 + 200 FS | 8.7 |
| 9 | La Fiesta Casino | €1000 | |
| 10 | Gunsbet | €100 +100 Bonus Spins | 7.6 |
Cryptocurrency is a digital currency that is secured by cryptography which prevent it from counterfeit/double spending. Cryptocurrency has become so popular in the 21st century that it is the number one secure currency for digital transaction with some online stores accepting only cryptocurrency as their means of payment for every purchase.
Many people ponder if engaging in online gambling sites is worthwhile. You should trust in them because many online gambling platforms offer incentives. Also, online gaming platforms have good profit rates but not a given, the risk factors are also enormous. As increased people are gunning for online casinos these days, it is important to point out some facts that have radiated about online casino gambling, so me which you should know as you indulge in these games.
Cryptocurrencies and blockchain technology have what it takes to transform the casino industry. While it remains uncertain when cryptocurrencies will become widespread, adopting gambling coins can be a perfect move for both casinos and online players. Being a decentralized, crypto casinos address most issues associated with conventional payments. Online gambling is a dynamic industry that keeps adopting new technology in the quest to provide a worthwhile gaming experience. The past decade has seen casinos make a huge step, among them being cryptocurrency gambling. Crypto casinos offer several standout benefits compared to conventional online casinos. They include the following.
