Best Bitcoin Online Casinos 2020
Bitcoin is a cryptocurrency that can be used to make real money wagers at online casinos, just as you would with other traditional payment methods, such as credit cards. However, the reason why there are an increasing number of gamblers that are using Bitcoin is because it offers a unique array of benefits, all of which we’ll explain in further details below.
Contents
It means that no money is required to claim for risk-free gambling money. An NDB is also a useful way of familiarization with a new casino site. You will have the chance to test-play the games and their outcomes without risking your real money. Bitcoin Casino No Deposit Bonus 2021. As a Bitcoin casino, iLUCKI has so much to offer its customers. Its offer includes 4,000 games, a user-friendly interface, fast cash withdrawals, games from 54. 5000+ real money slots and live casino for BITCOIN, EUR, USD. Winz offers the best and safest licensed casino: slots, blackjack, roulette, big wins, fast cash out and fun bonuses! BIG WINZ, NO STRINGZ!
- 4 Bitcoin in Online Gambling
- 5 Bitcoin Casinos F.A.Q
While online casinos have an array of payment options, English bitcoin casinos shy away from the conventional use of traditional currency. Instead, they opt to conduct their transactions using the more convenient BTC. However, not all bitcoin gambling establishments share the same trustworthy reputation that is common to online casino operations in the region. This review lists some of the recommended brands that punters can visit for a successful gamble. These are:
- Mansion Casino
- Euro Grand casino
- Raging Bull Casino
- NetBet Casino
- 1X Casino
- Red Stag Casino
- Lucky Red Casino
- Jackpot City Casino
- Casino 1 Club
- Enzo Casino
- Euromoon Casino
- Uptown Aces Casino
- Sloto Cash Casino
- PlayAmo Casino
- Yako Casino
The above-listed casinos have a mélange of gaming options and also come with inviting welcome bonuses. The best mobile bitcoin casino websites can be accessed using commercial browsers as well as mobile applications.
Bitcoin Gambling
Online gambling market is one of the largest in the iGaming community. Following this, it was only prudent for gambling operators to provide a convenient platform for gamblers to facilitate payment. BTC as a method of payment covers this niche. The overarching uses of the cryptocurrency have led to its deployment in bitcoin casinos.
However, before you can make the switch to top bitcoin casinos, there are a few things you must know about gamblers bitcoin.
Access to Bitcoin
Bitcoin is a decentralized digital currency that is developed using blockchain technology. It was founded in 2009 by an anonymous person or group of persons that go by the alias Satoshi Nakamoto. BTC is free from government interference, owing to its decentralized nature. Its value is only controlled by the market forces of demand and supply. The cost of BTC is calculated according to how it is being used and its availability in the economy. It also eliminates the need for banks in financial transactions.
At any given point in time, there can be only 21 million bitcoins in existence. To gain access to the cryptocurrency, one has two options. The first is to buy the cryptocurrency from BTC exchanges located across the globe. The amount of bitcoins one gets varies depending on its value at that given time. The second option is to mine the digital currency. Mining involves the execution of mathematical tasks through computer software. The latter option may take extended periods of time and depends on the processing power of your computer.
Bitcoin in Online Gambling
You can now gamble with bitcoin. Recent developments have seen the inclusion of BTC as a payment method in some online casinos. It should be noted that not all online casinos accept it. Bitcoin gambling sites allow players to place wagers on different games using the digital currency.
Mediums of Payment
Bitcoin is stored in a BTC wallet. The wallet has a unique address that can be used to transfer funds in and out of the wallet. Utility mediums of payment like E-wallets can also be used to store BTC. E-wallets are digital credit cards that can be used to store personal and financial information. They are secure gadgets that will automatically input account information and personal details in a transaction without the need for human intervention. There are a number of popular E-wallets that can be used for BTC. These include:
- Neteller
- Skrill Moneybookers
- Click2Pay
- Click2Buy
- EcoPayz, and
- PayPal among others.
Most casinos will accept BTC payment via E-wallets but will immediately convert it to Pounds. BTC deposits and withdrawals are processed faster than other banking options. The E-wallets may also be used by non-bitcoin casinos to effect a bitcoin payout.
No Transaction Costs
Generally, there is no levy on bitcoin gambling in the United Kingdom. Nevertheless, a player may incur some charges depending on the service provider that is used. For instance, depositing funds into your EcoPayz account from a third source attracts a 5% percent charge on the deposit.
A Safe Choice
Among other options available, Bitcoin gambling is a safe bet. The security of BTC is preserved by the anonymity of the transactions. Each time an operation is successful, the virtual software will generate a digital certificate that verifies the authenticity of the deal.
In addition, BTC, unlike other methods, will protect the identities of the parties to a transaction. Credit cards and online banking are prone to hacking and other similar security risks.
Top bitcoin websites also undertake measures of their own to protect their clients’ data.
Licensing and Regulation
Since 2014, the UK Gambling Commission requires all online casino operators to acquire a license before conducting any activities in the UK. It is vital for a player to check the casino website to confirm whether that particular casino has been licensed by the jurisdiction it operates in.
Regulation of online casinos gives players a platform to raise their complaints. If a dispute arises between a player and a casino, either party may raise their concerns with the relevant regulatory authority. Regulation also extends to game testing and certification. All games available for play should be tested by an independent body such as eCOGRA or GLI to assess the game’s fairness and predictability.
It might be wise to peruse the law on gambling before investing in a particular casino.
Bitcoins can be used to deposit and withdraw funds from your account. It is the fastest cash out option available among casino banking options. Some of the top bitcoin iPhone casino sites only offer their services using the virtual currency. It is safe, reliable, and most of all convenient.
Bitcoin Casinos F.A.Q
Is Gambling with Bitcoin Really Legal?
There is no definite answer to that – it differs from one nation to the other. First, see if online gambling is legit in your country or not. Secondly, check the validity of the cryptocurrency in your country. If the answers are yes, then yes it is legal in your state. Make sure, and you know the game providers.
Is Gambling with Bitcoin Anonymous?
Yes, it is entirely anonymous – there is an additional layer to protect your identity. However, to gamble anonymously, you will need a casino that doesn’t require personal details to register you.
Is There a Minimum Deposit on Bitcoin Casinos?
Bitcoin doesn’t have such restrictions. However, it is the casinos to who decide their limits. Hence, it is likely to differ depending on which casino you choose.
Are There Territorial Restrictions for Bitcoin Casinos?
Some casinos exercise certain territorial restrictions.
I Am Not a Technical Person, Can I Still Use Bitcoin Casino Site?
Even if you don’t understand the ins-and-outs of Bitcoin Market of course, you still can. You need not know how Bitcoin works for Bitcoin gambling. The payment method works pretty similarly to the way other methods do. However, having a basic understanding of BTC, online gaming and internet will keep you afloat at all times.
Which Cryptocurrencies Can Be Used for Deposits except Bitcoin?
At present, numerous online casinos have opened their gates to Bitcoin apart from the credit cards, bank transfers, e-wallets and so on. In fact, now many Bitcoin casinos support multiple cryptocurrencies like Ether, Litecoin, Dash, etc.
Is It a Safe Banking Method?
The way the Bitcoin wallets work, it is difficult to get hacked. Not only, the hacker needs to have your login details but also your phone. So, overall it is a safe banking method.
How Fast Are the Bitcoin Transactions?
As compared to the traditional credit card and e-wallet transactions, both the deposit and withdrawal goes instantly.
How Can You Compare Bitcoin to Other Banking Methods?
Bitcoins are much better than most of the traditional methods in so many ways; need no personal details, work instantly, lower house edge. The only drawback would be the BTC value fluctuates which means if the value drops, you are not going to withdraw much money.
Do Bitcoin Transactions Have Fees?
Bitcoin is a peer-to-peer electronic cash system which doesn’t have to go through any authorizing bodies. Thus, people get low transaction fees as compared to the other methods. However, the BTC price fluctuates a lot.
How to Deposit and Cash out in Bitcoin?
It’s simple. For deposit, purchase Bitcoin using real money in your BTC wallet. Look out for the BTC deposit address in the casino, copy it. Select send button from your wallet, paste the casino BTC address, enter the amount you want to deposit and send.
Bitcoin Casinos Online
Similarly, choose BTC from your cashout option, copy your wallet’s BTC address, paste it where the casino asks for withdrawing BTC address, put the amount and send. Your payout will be processed within a moment.
Sometimes you come across a new casino that looks great. But without being able to try it first, its hard to really know how much you will enjoy playing there. This is where a Bitcoin casino no deposit bonus comes in great. There is no better way of testing out a Bitcoin casino or crypto casino than actually being able to play at it for free. Free spins and other no deposit bonuses give us this opportunity.
We are a big fan of these bonuses, so we have decided to put together a list of the current no deposit bonuses that can be used at Bitcoin casinos.
Best No Deposit Casino Bonuses
| Casino | Bonus | Provably Fair Games |
|---|---|---|
| 1 free spin to win up to 1 BTC per day | Play Now | |
| Exclusive 30 free spins | Play Now | |
| Claim 4 mBTC free no deposit required Bonus code: BITCOINCHASER4 | Play Now | |
| 1mBTC No deposit bonus | Play Now | |
| 20 Free spins Bonus code: 20FREE | Play Now | |
| 20 Free spins | Play Now | |
| Exclusive 20 free spins | Play Now | |
| 20 Free spins Bonus code: Bitcoin | Play Now | |
| 20 No deposit free spins | Play Now | |
| 20 Free spins on 7 Monkeys | Play Now | |
| 12 Free spins | Play Now | |
| 20 Free spins These bonuses have been around for a long time. They usually come in the form of free spins awarded to new players at a casino. But with the rapid growth of Bitcoin there is now something even better: Bitcoin casino no deposit bonuses. These bonuses allow you to play for free at Bitcoin casinos, try their games with no risk involved, and potentially win big with Bitcoin. Bitcoin no deposit bonuses have developed hand in hand with Bitcoin. Given that Bitcoin is so new and (even now) not a lot of people really understand it, it made sense to give people some money for free so they could try it out. In essence, these Bitcoin casino bonuses became a way to allow a player to try 2 new experiences simultaneously: A new casino brand and a new cryptocurrency. How These Bonuses Work?These bonuses come in a variety of forms. The most basic way a no deposit bonus is offered is in the form of free spins. Upon singing up to a platform, a player’s account will be allocated a number of free spins he can use at that casino. This is normally in the range of 20-50 free spins. Best Online Bitcoin CasinoNo deposit bonuses also come in the form of free money a player is given to wager at a casino. Players can claim a small amount, such as $15 or $20, to play with as they would like. Bitcoin casino faucets are also another popular form of no deposit bonus, allowing players to claim Bitcoin or other cryptocurrency in order to try out the casino, and maybe even get lucky. How you can use these bonuses also varies. Some casinos will allow users to spend their free spins anywhere throughout the casino. Others restrict their use to certain games or certain slots. Where possible, we have made these distinctions clear on our no deposit bonus list. If you are ready to start playing but for some reason its rules are not clear, we recommend you contact the casino’s support team. How to Claim No Deposit BonusesMost no deposit bonuses are reserved for new players. To claim, you must sign up at the Bitcoin casino of your choice and verify your email address. Once you are logged into your new account at the casino, there are a number of ways casinos activate no deposit bonuses. Here are a few of the ways this can happen:
Why These Bonuses Are GreatFrom a player’s point of view, no deposit bonuses are a great way to try out a new Bitcoin casino without any risk. With all the excitement of big wins but with no strings attached, players can explore new casino brands and decide if they want to commit real money or Bitcoin to continue playing. Maybe one of these casinos impresses the player so much it becomes their go-to casino. These bonuses also encourage players to try new games. Quite often these bonuses are tied to particular games. We all get stuck in the habit of playing the same two or three games at times and it can become a bit repetitive. No deposit bonuses are a great excuse to escape our comfort zone and try something new. From our experience, casinos that offers no deposit bonuses are more likely to be generous in the future with more free spins and special offers. So, it’s worth keep an eye on these brands that offer these bonuses to see which other special deals they come up with in the future. What is the Catch? The good news about Bitcoin no deposit bonuses nowadays is that they are way more diverse than the traditional bonuses around, and that there are very few downsides to claiming one. Real Bitcoin CasinoHere are some of the most common conditions that players must comply with to withdraw their no deposit bonuses, or winnings, from their account:
Unfortunately, country restrictions apply to no deposit bonus just like they apply to bitcoin casinos. Not all Bitcoin casinos are legal everywhere. Some casino therefore will not let players from certain countries claim a a bonus. Enjoy Your Bitcoin Casino Free SpinsNow that you know exactly how a Bitcoin no deposit bonuses work, you can claim a few to try out new casinos, play around with Bitcoin or experiment with gambling. Bitcoin Video CasinoYou can go right back to our Bitcoin no deposit list above and go ahead with some of the best deals in the space that our staff has curated especially for you. |