Top bitcoin casinos
How Bitcoin casinos work?
The Bitcoin cryptocurrency and payment processing system is important to the online gambling industry. It is a decentralized cryptocurrency that was first introduced in 2009. It was developed using open source specifications and peer-to-peer network software to process and verify transactions. Anyone can buy bitcoin from one of the verified exchanges, create a wallet and use it as a payment method to buy goods or services. You can simply make a transfer from your wallet to the recipient’s bitcoin wallet.
The iGaming industry has vouched for the e-money system and is promoting its use in casinos. When cryptocurrency casinos were first launched, digital money was worth £1.5, now bitcoin is worth over 13,975.95 GBP (as of the date of this writing – 13.12.2022). It is safe to say that BTC is broadcasting a success story. While its growth is significant, the value of the currency has fluctuated wildly. The problem used to be that not all shops in Europe accepted digital money as payment, but in the last couple of years the situation has changed dramatically. You could say that cryptocurrency is the future. All that players in Bitcoin casinos need to do is learn how to properly deposit and withdraw in order to take full advantage of this cryptocurrency.
How to get started playing Bitcoin casinos UK
Modern cryptocurrencies are based on blockchain technology, which organizes a database from a chain of special blocks with certain design rules. Blockchain is based on the principles of decentralisation, i.e. the database is not stored in one place but on millions of computers of the system participants. Cryptocurrencies can be mined independently or bought by traditional payment methods on special exchanges. The overall process of playing for cryptocurrency can be broken down into three simple steps – opening an account, funding it and using your bitcoin wallet account to make a deposit into a casino. Let’s look at all the steps in more detail.
Opening a bitcoin wallet
The player first needs to get a bitcoin address. This is done by opening an e-wallet, which can be used to buy and sell digital money. Some wallets are free, others cost money, but they all contain private keys. These keys are encrypted, so they can be compared to a password. It is important that you have a strong key, then no one will have access to your bitcoins.
It is important to remember your keys, otherwise access to your wallet will be forever lost. By the way, you can get a digital wallet through Blockstrem Green, Coinbase and Breez platforms and many others. There are Ledger Nano S, Trezor and KeepKey hardware wallets, but a simple option is enough to fund your casino account.
Depositing a digital wallet
After setting up your account, the next step is to deposit and purchase bitcoins. You can top up your digital wallet with a debit and credit card or directly by linking your bank account to your bitcoin wallet.
Sending money to deposit
You need to get the bitcoin address of the casino, add it to your wallet and select the amount to transfer. The transaction of depositing money into your cryptocurrency casinos account is fast and you can immediately start playing your favourite slots online. If you haven’t found a bitcoin casino to play at yet, there are some good options on our website. The deposit and withdrawal methods there are extremely simple and convenient.
The main advantage is that you don’t have to pay any commission to the bank or wait for the transaction to be confirmed. Soon even the largest companies will be able to offer their gamblers to play with digital money.
Withdrawing money in Bitcoin online casinos
All you have to do is create a withdrawal transaction from the casino back to your digital wallet. Once you have your bitcoins, you can then convert them back into another currency or use them to make purchases online at other sites that accept the cryptocurrency.
Withdrawals are made directly to your bitcoin wallet. There are no transaction fees, but casinos may have their own fees. Most crypto casinos not on Gamban usually support the most common payment methods – Visa, MasterCard, Bank Transfer.
What to look out for when choosing Bitcoin casinos
New cryptocurrency casinos keep popping up in the UK. The task of gamblers is to find the optimal institution in terms of features, which would please with bonuses and assortment on gambling games. Below we show the important criteria for selecting the best gambling site among the list of Bitcoin casinos in the UK.
Ways to check bitcoin casino results
By their very nature, bitcoins are considered to be the safest way to pay. There is no need to specify bank accounts or share personal information on the website. It all helps to keep yourself safe online, with transactions becoming anonymous and well encrypted. This is what many UK players are attracted to. During the cryptocurrency transfer process, a number of checks are performed to ensure that the system and transaction are error-free.
Bitcoin is the first decentralised digital currency, independent of governments, traditional currencies, banks and other financial institutions, everyone can take advantage of its benefits:
- International payment methods for payments from anywhere in the world.
- Not regulated by any country’s central bank.
- Independent of political or legal influence.
- Impossible to forge.
- Complete anonymity and security of payments.
Bitcoin money will not be taxed as there is no central regulator. The transactions themselves are not tracked, no one monitors them. This makes the best Bitcoin casinos an ideal choice for real money casino players.
Payment methods in bitcoin casinos
The full list often changes as Bitcoin online casinos introduce new payment methods, but we have tried to reflect the most common ones below.
|Payment method||Terms||Level of security and anonymity|
|Debit and credit cards||
|Other types of cryptocurrency||
The speed of withdrawal of winnings in our list of best crypto casino also depends on the type of payment system. The exact time can be found in the “Cashier” section of the online casino website. The fastest transfers are made through electronic wallets.
Are Bitcoin online casinos licensed?
Although the UKGC allows the use of cryptocurrency for gambling betting, this can only be done by operators who can “meet their anti-money laundering obligations”. There is an additional condition that casinos must be socially responsible in the provision of gambling. As a result, not all establishments meet these criteria in the UK, so players look for foreign UK casino no verification that accept virtual currency as a deposit or withdrawal method.
Playing at a bitcoin casino with a foreign licence is possible, and it’s legal. That said, choose your gaming sites carefully so you don’t run into scammers. On this page, we suggest the best options if you want to play with cryptocurrencies. These are the best Bitcoin online casinos with an international gaming license that you can trust.
You can be a fully anonymous player in these casinos so you will not be taxed by the government or any other controlling authority on your winnings. Transactions will take place anonymously and the best non UK casino sites do not ask their players to provide any personal information that could somehow link the gambler’s deposit with their gaming account. Typically, all casinos require visitors to submit documents for verification of identity.
Top Bitcoin casinos
Cryptocurrency websites are catching up with traditional online casinos in terms of bonus offers or user growth. That said, the number is still small, so there are more and more crypto gambling sites popping up every day. Here are a few crypto casino that are still considered new to the casino gambling industry.
Each of these crypto casino games is a proven place, so you don’t have to worry about their young age. On the contrary, the desire to please as many players as possible makes these new bitcoin casinos very convenient resources with great customer support.
|Title Bitcoin online casinos||Sign-up Bonus|
|Raptor Wins||5€ + 50 Free Spins|
|Hand of Luck||5€ + 50 Free Spins|
|Crazy Star||5€ + 45 Free Spins|
|Yeti Win||5€ + 50 Free Spins|
|Tropic Slots||5€ + 10 Free Spins|
|Euphoria||5€ + 50 Free Spins|
|Milky Wins||5€ + 50 Free Spins|
|Patrick Spins||5€ + 50 Free Spins|
Benefits of Bitcoin online casinos
Cryptocurrency has many advantages that work to the advantage of players and gambling operators. Some of the perks are only available if you sign up with a platform that only works with bitcoins.
There are many characteristics of cryptocurrency Microgaming casinos not on Gamstop that make them attractive. When you play with cryptocurrency, your bank account details are not sent to the online casino. However, you have to be extra careful to protect your private keys.
Cryptocurrency casinos are available to players from all over the world, because you don’t need to convert your deposits and withdrawals into different currencies. On the other hand, you need to have an online wallet and use a cryptocurrency exchange to buy and sell cryptocurrencies. These transactions are usually more profitable than converting currencies.
Unlike bank transfers or debit and credit card payments, cryptocurrency payments can be made 24 hours a day, every day of the year. There are no public holidays or special days when the payment system is disabled. Cryptocurrency payments are also much faster than other payment methods.
As you can see, there are two sides to cryptocurrency coin. You should weigh up the pros and cons carefully before registering with a bitcoin casino. To make things easier, we’ll summarise the advantages and disadvantages of such establishments here.
Bitcoin casino bonuses
Many online casino sites will give you extra bonuses for using bitcoins, because it saves them a lot of money on commissions that they usually pay to the player with their deposit transactions. Very often non UK casinos accepting UK players no deposit impose some restrictions on the withdrawal of winnings if the visitor has taken advantage of a bonus offer from the establishment. These are at least wagering requirements. If, for example, you see that your online gambling operator has set a 20 times wagering requirement for the 5 mBTC bonus, this means you will have to wager 20 times your wager, which is 100 mBTC, to make your first withdrawal.
Transactions with BTC are much faster than traditional payment methods such as credit/debit cards and bank transfers. You don’t have to wait a couple of days to get your money. By using peer-to-peer mode, you get your funds to crypto casino instantly, without unnecessary delays.
All transactions are anonymous, BTC operators do not ask their wallet holders about anything. This is especially true for players from countries where online slots are illegal. The risk of fraudsters and hackers stealing your personal details, such as credit card numbers or bank login details, is reduced. You only need to provide your bitcoin address to complete a transaction, and there is no need to give your name, address or other personal information.
If you take care to protect your bitcoin wallet, there is no risk of having your account hacked. So do not give any data to anyone, especially your keys.
Because there are no intermediaries, Bitcoin payments are relatively cheap. There are no transaction fees at all, unless the casino itself imposes a fee for receiving, withdrawing digital money. You don’t pay any bank service fees, card transfer fees, or other fees.
British players can also take full advantage of the best crypto casino. Choose the best Bitcoin casino from our ranking and enjoy a new level of financial freedom with your cash transactions. You have at your disposal proven online casinos with megaways slots not on Gamstop, operating under licences from reputable regulators.
Disadvantages of Bitcoin online casinos
Along with the advantages crypto casino games found a place and minuses of cooperation with such sites.
All cryptocurrencies change their value throughout the day. Since Bitcoin is also a form of currency, this rule works for it as well. However, it is important to note that Bitcoin is young, created in 2009, the fluctuations can be a bit more frequent than with other currencies. This high volatility can affect the profit result.
Lack of regulation of cryptocurrency
Virtual currency is not regulated in any way, so there are no guarantees. It is a decentralised technology that is not controlled by a bank or any other financial institution. Many see this as a plus, as they do not have to report to the tax authorities.
There are users who do not like new technology, do not want to understand it. Some players need a little time to get used to dealing with bitcoins. The good news is that with constant updates to the user interface, most wallets and casinos are becoming easier to deal with.
Using virtual currency has its advantages. More and more players are registering with no id verification withdrawal casino uk crypto casino UK. Transactions on such sites are safe, secure, as well as efficient and fast. A big advantage is that there are no third parties involved in the transactions, which successfully reduces fees. Additionally, digital money implies anonymous deposits, payments and transactions.
Is it legal to gamble in bitcoin casinos?Making a payment in cryptocurrency, it is possible for British players to play in such casinos. That said, choose your gaming sites carefully. On our website we offer the best crypto casino games with an international gaming license that you can trust.
Can I make a deposit using another payment method but still cash out in bitcoins?No, most of the time there is a condition that withdrawals in virtual money are available for deposits in cryptocurrency.
Is bitcoin casino safe?Yes, because bitcoin wallets only allow you to submit your information to one site. Transactions are anonymous, you do not have to provide personal, financial details to third parties.
What games can I play in bitcoin casino?All entertainment is available without exception, including popular among Brits fluffy favourites not on Gamstop. Many sites even allow you to bet in bitcoins rather than converting the virtual currency into online casino currency.