In this article, we will tell you about everything you need to know about bitcoins and other cryptocurrencies when playing in a casino: how to use crypto as a payment method, which altcoins are accepted by new crypto casinos, gaming range, and bonuses for bitcoin in bitcoin casinos.
Bitcoin and other types of cryptocurrencies, which are commonly called altcoins (alternative digital currencies), can be used to pay for goods and services, like any other currencies - euros, dollars, etc. Depending on national legislation and other individual factors for bitcoins in different countries can buy real estate, pay tickets, and bills in restaurants.
Which Ireland online casinos can you play for bitcoins and altcoins?
The Bitcoin Cash cryptocurrency, which appeared in August 2017 through changes in the bitcoin system, is offered for use by such online casinos as Casino4U, FastPay, True Flip. At the same casinos, players can also use digital currency using modern smart contract technology, Ethereum. Processing and creating blocks of transactions for this altcoin takes only 10-15 seconds, unlike the popular, and therefore slow, bitcoin. You will also find Ethereum at Casino4U, FastPay, Winz, and more.
The fastest bitcoin analog to date (the code for which was not copied from bitcoin, but written from scratch) - a crypt called Ripple - is available for making deposits and withdrawing funds won in casinos such as Casino4U, Winz.
By creating blocks of transactions five times faster than Bitcoin crypto Litecoin is popular. This digital currency looks like it was created for online casinos because its advantage is the unprecedented speed of settlements. You can play with "fast crypt" at the following best cryptocurrency casinos: Casino4U, FastPay, True Flip, and other casinos from our list.
Dogecoin is a Litecoin-based cryptocurrency featured in an assortment of settlement methods and currencies from casinos such as Slotman and BitStarz.
And, of course, bitcoin remains the most common crypt in top crypto gambling and on other gambling sites. For a complete list of the best online bitcoin casinos for the current 2021, see our list.
Bitcoin in online casinos: currency or method of calculation
If you go to several of the online casinos listed in our rating, you will see that some of them offer to choose bitcoin or one of the altcoins as the settlement currency. This is logical since the crypt is, first of all, though digital, but still a currency.
On other sites, bitcoins are considered as a settlement method, and for conducting transactions during registration, users are asked to choose one of the classic currencies - dollars, euros, etc.
This difference in approaches to defining what bitcoin really is in online casinos creates both advantages and disadvantages. For example, in those casinos where crypto is a method of calculation, permanent transfers of funds can be associated with additional commissions and /or losses when transferring funds from traditional currency. However, since many slot machines and other casino games are designed with classic currencies only in mind, the process of playing and calculating how much a player has spent, won, or wagered can be easier.
If you no longer use euros and dollars, but only accept crypto, most likely casinos with bitcoins are suitable for you. The need to transfer to other currencies will be eliminated, and the deposit will be paid using standard bitcoin addresses.
In addition, most cryptocurrency casinos provide the ability to create multi-currency accounts. Such accounts allow you to take advantage of various payment methods to withdraw your winnings and replenish your game balance, including using several types of the crypt at once.
Limits on deposits and withdrawals using cryptocurrencies
As with other payment methods, for bitcoins and altcoins, the minimum and maximum amount of the allowed deposit, the minimum withdrawal amount, and sometimes the maximum amount of withdrawal of winnings from the account are set.
The maximum deposit amount varies depending on the type of cryptocurrency and a specific online casino - from 100 to 4000 units. The smallest allowable deposit amount can also vary and depends on the rules established by the casino.
The minimum amounts for withdrawing funds from a casino gaming account in bitcoins and other cryptocurrencies are also set depending on the individual decision of one or another online casino. Most often they are identical to the minimum deposit amounts. The maximum withdrawal amounts depend on the digital currency and can be up to 2-5 LTC, BTC, ETH, BCH, as well as 400-500 USDT.
Please note that not all online casinos that accept bitcoins and crypto for deposits allow you to withdraw winnings using these digital currencies.
You can always find information on whether an online casino accepts cryptocurrencies both for the replenishment of the balance and for withdrawal in our casino reviews. Moreover, here you will find all the info about free crypto casinos and no deposit crypto casinos, they have the same advantages as the usual online no deposit casinos.
Cryptocurrency Slots
Only a few providers have not yet adapted their slot machines for playing with various cryptocurrencies. Even Bitcoin, which is the most popular crypto in online casinos, is not supported in NYX, Net Entertainment, Amatic, GameArt games. We believe that the continuing popularity of bitcoins and other cryptocurrencies in online casinos will soon force these providers to fully adapt their gaming range to the needs of a modern player.
Bonuses for bitcoins and other cryptocurrencies
To begin with, we note that in bitcoin casinos that work only with bitcoin or other cryptocurrencies, all possible bonus options are available: a percentage bonus on the first deposit, reload bonuses, free spins, cashback, tournaments, and even VIP programs.
What can online casinos, in which bitcoins are one of the options, offer players who prefer crypto? Most often, all bonuses and promotions apply to digital currencies, but sometimes you can find exceptions, for example, in the inability to receive a cashback.
Some casinos, on the other hand, distinguish bitcoin players from the total number of users and give them the opportunity to receive exclusive bonuses. For example, at some online casinos, playing on Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Tether, get additional funds for a deposit once a week using a 51% bonus.
Bitcoin casinos: the future of the gambling industry?
Cryptocurrencies, many and varied, have long been common in top online casinos. In recent years, however, casino sites have emerged on the Web that works exclusively for players who prefer bitcoin and altcoins. If you want to play for euros, deposit, and receive money using e-wallets, then this will not work in such casinos: they only accept crypto.
The so-called bitcoin casinos or crypto casinos appeared one after another and successfully exist, noting the interest of players in the use of cryptocurrencies in the gambling field. Many online guides on the internet recommend bitcoin lovers to play exclusively at these casinos, considering them to be more professional. Our experts cannot but agree with them, noting several advantages of such casinos.
They provide professional support with experience in dealing with problems and questions on the use of cryptocurrency in an online casino: detailed FAQ sections, guides on the use of digital currencies, procedures for depositing and withdrawing funds, etc. There are usually special bonuses and promotions designed and adjusted for cryptocurrencies, and the game assortment is suitable only for bitcoins and altcoins.
