Bitcoin casinos, i.e. online casinos in which deposits and withdrawals can be made with Bitcoin and other cryptocurrencies and played for, there are now several on the market. Bitcoin casinos have some advantages over the usual providers.
We have taken a look at Bitcoin casinos here and would like to show what makes them so attractive to players. For information about specific Bitcoin casinos and their offer, the most diverse Bitcoin casino comparisons can be consulted.
Bitcoin casinos are independent and progressive
Bitcoin and other cryptocurrencies have penetrated many areas of the economy. Even a Tesla can now be paid for with Bitcoin. Therefore, it is only logical that payments with Bitcoin or Ethereum are also possible in online casinos. So far, however, it is not yet a common payment method. Rather, it is rather courageous operators who are stepping forward and offering games for Bitcoin on the net. Most Bitcoin online casinos are also characterized by particularly innovative games and bonus offers.
However, one of the most important advantages is that Bitcoin casinos are offers that are independent of the political system in a country. There is no need to worry about government interference and interference in the offer. Players can furthermore play anonymously and safely. Players also do not have to fear being banned or limited in their bets.
Of course, critics argue that this freedom also opens the door to dubious people. However, it should be noted that the casino platform is not to blame if someone pursues dubious goals in the online casino. After all, a car could also be used to harm others in the case of bad intentions.
Are there also disadvantages in the Bitcoin casino?
Besides the fact that no one can control who plays at the Bitcoin casino, there is another disadvantage. Bitcoin can fluctuate in exchange rate against the euro or dollar after the deposit is made, which can ensure that balances and winnings can diminish. Conversely, of course, there is also a chance that Bitcoin will increase in value in the meantime so that additional profits can be made.
The range of games in Bitcoin casinos
The range of games at Bitcoin online casinos includes a huge selection of slot machines, starting with classic slots with fruits or jokers, to state-of-the-art video slots with particularly varied and lucrative bonus features, to progressively increasing jackpots that pay out million-dollar winnings every now and then.
In addition, there are plenty of table and card games such as blackjack, casino poker, baccarat, craps, or roulette in various versions, as well as bingo, keno, or video poker. Bitcoin casinos also offer live casino games, where players can connect via stream and place their bets in the presence of a live dealer. Here, there are also modern game shows accompanied by moderators, such as Deal or No Deal, Monopoly or Lightning Roulette.
Is there a special Bitcoin Casino bonus?
For newly registered players, a welcome bonus is available at most Bitcoin casinos. This is usually granted together with the first deposit. This is bonus money, the amount of which depends on the amount of the first deposit with Bitcoin. Quite often, a few free spins are also granted on top.
In addition to the welcome bonus for new players, already registered players can also enjoy regular bonus packages with free spins and reload bonuses at Bitcoin casinos. It should be noted that before the Bitcoin bonus can be cashed out, the bonus conditions that apply at the casino must first be fulfilled. These provide for a certain minimum turnover of the bonus within a specified time.
How do deposits and withdrawals work at Bitcoin Casino?
Those who want to deposit at Bitcoin Casino can send a desired number of Bitcoin or also other cryptocurrencies such as Ethereum or Litecoin from their wallet to the address specified by the casino at any time. Some providers specify a minimum deposit here.
Withdrawals from the player account work in the same way.
In the player's account area, there is the option to enter the address of the wallet and thus make the withdrawal. It should be noted that if the deposits and withdrawals are made through a wallet provider, there may also be fees for the transaction. Withdrawals are usually processed within 24 hours, so the withdrawn Bitcoins are available quickly.
What about the security at Bitcoin Casino?
Security is usually writ large in Bitcoin casinos. Due to the lack of regulation of Bitcoin casinos, the providers, like Bitcoin itself, also live on the trust of their customers. The deposited Bitcoins are kept safe in the wallets of the online casino. Personal data does not have to be transferred so it can not be used elsewhere.