Bitcoin vs. Discover

The world of online gambling is competitive in every aspect, and payment methods like Bitcoin and Discover aren’t exempt from the high-pressure environment business in this industry exist. The good news, you’ll often run into these options when exploring online casinos. Plenty of venues offer support for these services, and players don’t think twice before choosing one of them to be their designated payment option. While there’s undoubtedly much these services can offer players, their general perks aren’t always enough to set them apart from the other competitors offered in online casinos. Naturally, this leads to one very important question we’ll try to answer in this text. Why use Bitcoin or Discover across online casinos?

About Bitcoin and Discover

about_bitcoin_and_discover

At a glance, Bitcoin and Discover are as different as can be. While the former is a modern digital currency working on a decentralized platform, the latter is a fairly traditional bank card that operates via a well-established and regulated system. While this gives them an array of different perks, both methods share one thing in common – popularity in the online gambling space. These services might operate on opposite ends of the spectrum, but they’re crowd-pleasers in online casinos. Their unique perks give them an edge that’s hard to replicate with other services.

Most people have heard of Bitcoin by now. The mega-popular coin is the world’s first cryptocurrency, carrying much of the weight of the good and bad of being a digital token. Many still see Bitcoin as the pinnacle of crypto, and it’s easily the most mainstream representation of digital currencies to date. Looking at its start, it debuted in 2008. It was created by Satoshi Nakamoto, which is most likely a pseudonym. Several people have claimed to be this mysterious figure to get a taste of fame, but none have provided definitive proof that they were the mind behind the first crypto token.

What makes Bitcoin and other digital currencies so special is their decentralized nature. They’re live on the blockchain, a complex platform that serves as the basis for the majority of them. Bitcoin itself operates as a P2P system. Users can transfer funds from one digital wallet to another with ease, taking advantage of the advanced tech it runs on to make these transactions incredibly quick, secure, and anonymous! The combo of these traits is what skyrocketed Bitcoin to its current status as an icon. There was a need for a service of its kind on the market, and Bitcoin filled the gap at just the right time.

Bitcoin might be one of the best-known and most beloved cryptocurrencies at the moment, but that hasn’t always been the case. As with anything new, the token has trouble breaking through to people in the beginning. Since it was new and unexplored technology many were wary of using it. Of course, it didn’t help that its anonymity attracted the wrong crowd. It didn’t take long for people to associate Bitcoin with scams, hacks, and various illegal activities propagated by a subset of users with bad intentions. While the crypto has dealt with a lot of this by now, its reputation took a big hit and is still recovering from it.

Despite all of the negative press surrounding it, Bitcoin managed to make a name for itself in many big industries, including iGaming. The safety, speed, and, above all, the anonymity of the token were more than enough to put it on a pedestal and make it a fan favorite in online casinos everywhere. Of course, it’s easy to see why. The online gambling scene had a bit of a reputation itself in the early days of crypto. Using Bitcoin added an extra layer of security between players and their chosen venue, keeping all personal info obscured and away from ill intent.

While bank card services like VISA, MasterCard, and AmEx tend to dominate much of the global scene, they have a strong competitor in Discover. The service launched much later than most of the well-established bank cards still at play. It debuted in 1986 and is the product of a large US company – Discover Financial Services. While this later launch gave it an advantage in some areas, it made it hard to come up against its already well-known competitors. Thankfully, it did pretty well for itself. The service might not be as big as some, but it boasts a large worldwide user base of more than five million people!

An important thing to note about Discover is that as a US-based service, most of its followers tend to be close to home. Of course, this doesn’t mean its numbers are too low elsewhere. The service has been growing more popular in Europe, causing some to ditch their other cards and go for this service instead. It’s not hard to see why. While it operates like most other bank cards, this payment method does have a few tricks up its sleeve. Mainly, it lacks an annual fee, offers 5% cashback on every purchase, and doesn’t require a customer account!

While these factors give Discover an advantage when banking in general, they’re a great incentive for online gambling fans to take an interest in it! The card has been dominating the world of online casinos for a while, gaining support from more than 100 top-tier venues, hailing from all corners of the world.

The last thing to consider about this service is the safety it offers. The company that runs the services assigns unique merchant codes to all businesses it collaborates with, including online casinos. Since this code is attached to every transaction made with the card, you can rest assured it’s going to the right destination. Unfortunately, this code made it easy for banks in the US to reject all gambling-related transactions in the past. Since online gambling was illegal in some states at the time, this was a preventative measure to keep things in check. Nowadays, with the country taking a more liberal view on the topic, this isn’t much of an issue.

Getting Started with the Two Methods

getting_started_with_the_two_methods (9)

The getting-started process with Bitcoin might seem complicated to crypto outsiders, but it’s pretty easy to pull off. First, players will need to get their hands on a crypto wallet. There are several top-notch options to choose from here, with Coinbase, Bitfinex, and Bitstamp being among the most popular ones. In essence, these wallets function similarly to eWallets, with the bonus of doubling as crypto exchanges! Users are free to buy and sell various cryptocurrencies through their accounts, on top of using the services to transact with their available tokens. If you want to put more focus on keeping your tokens safe, you can later transfer them to a hardware wallet, making them nearly impossible to access by anyone other than yourself.

With a crypto wallet at your side, the next step is getting your hands on some Bitcoin. There are several ways to do this. The most popular options you can go for right now include trading and mining. The first is a great choice, but if you intend to dive into the world of crypto trading, it’s best to invest time into learning more about it. The second option is losing traction by the day. Mining cryptocurrencies like the one in question is much different than it was in the past. It’s expensive, takes a long time, and requires too many risky investments.

The best choice for crypto newbies is to buy Bitcoin. Thankfully, doing this isn’t too much hassle. You can do it through some of the crypto exchanges we mentioned previously, so you might not even need to leave your wallet app. Essentially, to buy Bitcoin, you’ll be trading a fiat or other digital currency for it. Simply choose an amount that fits your needs, and you should be done in a few seconds!

Getting started with Discover is a much different process. While it’s nearly identical to getting a bank card, it does have a silver lining. Instead of visiting a bank and dealing with a clerk, users can simply fill out their application forms online! Knowing this, the first step to getting the process started is visiting the service’s official website. There, you’ll find the option to apply and get things started. Before doing so, it’s best to check out the various card options the service offers. While they operate similarly on a surface level, the different Discover cards come with unique perks.

After you’ve chosen the type of card you want, you can get started. When you start the registration process, you’ll be greeted with a few forms requiring your personal information. Since these questions can be a bit invasive, some players might not feel comfortable answering them. It’s worth noting that this information is used only to determine your eligibility for a card and get things set up. In addition to the forms, you’ll also need to verify your identity. To do this, submit a valid photo ID document, and you should be done! The team at Discover will review your application quickly and start working on your card as soon as it’s approved.

Using Bitcoin and Discover Across Online Casinos

Bitcoin and Discover are both incredibly popular options in online casinos. They can be found in hundreds of venues, respectively, giving users access to premium content and various additional online gaming features.

If you’re looking to use Bitcoin as your go-to online deposit option, here’s what you need to do to get started:

  1. Go to the casino’s Banking/Cashier page.
  2. Find the Bitcoin logo and click or tap on it.
  3. Log in to your Bitcoin wallet.
  4. Enter the number of coins you wish to deposit.
  5. Enter the casino’s public key.
  6. Double-check the key to make sure it’s the correct one.
  7. Confirm the transaction.
  8. Receive the money in your account and start playing right away!

Withdrawing through Bitcoin is just as easy as depositing. The process is similar to the one listed above, with a few slight changes starting after the fourth step. When you get to this step, choose the withdrawal option instead and enter the desired amount. Once you do so, register the crypto wallet address on the screen to your wallet. The next step is giving your wallet address to the casino. Once you and the operator confirm the withdrawal, the money will arrive in your account!

If you’ve decided to go for the more traditional option of the two, here’s how to deposit using Discover:

  1. Choose the “Deposit with Credit/Debit Card” option.
  2. From the list of offered credit/debit cards, select Discover as your deposit option.
  3. Enter the card information requested on the screen.
  4. Enter the 3-digit verification code provided by Discover.
  5. Specify how much you wish to deposit and confirm the transaction.
  6. In an instant, the funds will arrive on your balance!

Withdrawals using Discover are available. They’re just as easy to do as deposits, as they follow the same steps, with minimal changes. Unfortunately, there are some cons to Discover withdrawals. Since it is a bank card, processing times are slower than most modern methods. To receive their cash out, users will need to wait 5-7 days. Some more unfortunate news comes with the credit card ban in the UK and Germany. Since Discover is a credit card, it can’t be used for online gambling purposes in these regions.

Advantages and Disadvantages

It can be hard to choose between these two options. They both offer excellent benefits that work wonders when online gambling is involved. To help you choose more easily, we’ll quickly go over the best and worst parts of these services one more time.

With Bitcoin, users can expect a few top-tier pros that make the online gaming experience more enjoyable. First, the service grants players anonymity. They don’t have to share any personal information with the venues they choose, upping their security. Additionally, they can always rely on Bitcoin’s speed to make near-instant deposits and withdrawals! Unfortunately, the cons of crypto come from its somewhat limited support in the gambling space. Not all iGaming companies are pro-crypto, so users are limited to select content.

The perks of using Discover are something many of you will find comforting. They include worldwide availability, cashback on all transactions, lack of annual fees, and a convenient banking platform! Unfortunately, like most bank cards, the service lacks speed. Withdrawals are painfully slow, making them crazy inconvenient for players in a hurry.

Flaws and all, these services are still some of the best options you’ll run into in the online gambling world. Take your time to choose the one best suited to your play style, but remember, no matter your choice, we’re sure their pros will overshadow the downsides they carry.

Payment Methods Comparison
Payment methods name Bitcoin Discover
Available accounts n/a 1 account
Available currencies BTC n/a
Account management fees n/a free
Cashback and promotions
Additional bonus programs n/a Yes
Two factor authentication n/a n/a
Money-back guarantee in case of fraud n/a Yes
Link to terms & conditions https://bitcoin.org/en/ https://www.discover.com/online-banking/terms-of-use/

Online Casinos that support both Bitcoin & Discover:

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$20

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5 / 509 votes

$20

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$20

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5 / 110 votes

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$25

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$30

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3.5 / 367 votes

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CLAIM
Exclusive Bonus - Read Details
New Customer Offer. T&C’s Apply. 18+. US OK. How to claim the bonus: New players need to sign up from our LINK and use the bonus code shown below. The bonus will be added automatically. Allowed games: Slots, Scratch Cards, Keno. Promo offer expires: until further notice. Maximum cashout = $180. Min deposit needed in order to cashout winnings: No. Is the bonus cashable: Yes. Bonus can be claimed in conjunction with sister casinos no deposit: No. Restricted countries from this bonus: Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Brazil, Bulgaria, Croatia, Czech Republic, Greece, Hungary, India, Indonesia, Ireland, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Macedonia, Malaysia, Moldova, Montenegro, Serbia, Slovakia, Slovenia, Tajikistan, Turkey, Turkmenistan, Ukraine, Uzbekistan, Ontario.

3.5 / 569 votes

Spinfinity 15/04/20

310% up to C$/$3100

Bonus code: LCBVIP

40xb - lowest WR
CLAIM
Exclusive Bonus - Read Details
New Customer Offer. T&C’s Apply. 18+. This offer is not available for players residing in Ontario.  310% up to $3,100. How to claim the bonus: Players need to sign up through our LINK, use the code VIPBONUS on the coupons page and make a deposit. 300% up to $12,500 (5x redeemable) - available after the coupon code LCBVIP - Click to redeem from coupon page, no code required, then make your deposit. Minimum deposit: $10 bitcoin/$35. No Max Cashout. Allowed games: Slots only. Available on mobile: Yes. Exclusive promo expires: Until further notice. Restricted countries from the bonus: Albania, Argentina, Armenia, Azerbaijan, Belarus, Belgium, Bosnia and Herzegovina, Brazil, Brunei, Bulgaria, Croatia, Czech Republic, Finland, Georgia, Germany, Greece, Estonia, Hungary, India, Indonesia, Italy, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Mauritius, Macedonia, Malaysia, Mexico, Moldova, Montenegro, Netherlands, New Zealand, Norway, Pakistan, Portugal, Philippines, Poland, Saudi Arabia Serbia, Singapore, Slovakia, Slovenia, South Africa, Spain, Switzerland, Tajikistan, Thailand, Tunisia, Turkey, Turkmenistan, Ukraine, Uzbekistan, Ontario and Venezuela.

3.5 / 115 votes

NewVegas 14/12/20

400% up to $3000

35x(b+d) - lowest WR
CLAIM
 New customers only. T&C apply. 18+. Min deposit: 25 €. Max Cashout: 10xdeposit. Only valid for Video slots and 3 Reel slots. 

3.5 / 139 votes

Ripper 22/12/21

AU$15

Bonus code: LCB15

60xb - lowest WR
CLAIM
Exclusive Bonus - Read Details
New customers only. T&C apply. 18+. This offer is not available for players residing in Ontario. Canadian customers must be 19+ to participate. Play Responsibly. How to claim the bonus: Players need to register through our LINK and enter the bonus code. Game contribution to the wagering requirements: All pokies are contributing to wagering, max contribution is $10 per spin. Once credited when does the bonus expire: 90 days. Expiry date for exclusive bonus: Until further notice. Need to register a credit card to claim no deposit: No. Min deposit needed in order to cashout winnings: No. Bonus can be claimed in conjunction with sister casinos no deposit: No. Cashable bonus: Yes.

3.5 / 86 votes

Slots Ninja 05/01/22

360% up to $3600 + 30 Spins

Bonus code: VIPBONUS

40x(b+d) - lowest WR
CLAIM
Exclusive Bonus - Read Details
New customers only. T&C apply. 18+ US OK! 360% up to $3,600 + 30 Spins on Zhanshi. How to claim the bonus: Players need to sign up through our LINK, and enter the bonus code in the coupon section. Minimum deposit: $35. No Max Cashout. Allowed games: Slots, Keno and Scratch Cards. Cashable bonus: No. Available on mobile: Yes. Exclusive promo expires: Until further notice.

3.5 / 100 votes

Candyland 21/07/22

200% up to €/$3000

35x(b+d) - lowest WR
CLAIM
 New customers only. T&C apply. 18+. Min deposit: 25 €. Max Cashout: 10xdeposit. Only valid for Video slots and 3 Reel slots

3.5 / 203 votes

Decode New! 03/06/24

$10

Bonus code: DE10CODE

30xb - lowest WR
CLAIM
New Customer Offer. T&C’s Apply. 18+.This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+. Play Responsibly.  Max cashout: $200.

3.5 / 26 votes

Paradise 8 26/01/16

200% up to €/$3000

35x(b+d) - lowest WR
CLAIM
 New customers only. T&C apply. 18+. Min deposit: 25 €. Max Cashout: 10xdeposit. Only valid for Video slots and 3 Reel slots.

3.4 / 555 votes

Cherry Gold 19/04/12

250%

Bonus code: CHERRYSLOTS

35xb - lowest WR
CLAIM
New Customer Offer. T&C’s Apply. 18+. This offer is not available for players residing in Ontario. Canadian customers must be 19+ to participate. Play Responsibly. 250% Match Bonus, get 310% in case of depositing with cryptocurrencies. Valid twice for New players only, PTX35, max cashout X35 the deposit amount, the minimum deposit is $25. Play and get 100% cashback. The code is applicable to Slot, Card and Table games.

3.4 / 343 votes

$15

Bonus code: LCB15

60xb - lowest WR
CLAIM
Exclusive Bonus
New players only. T&Cs apply. 18+.This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+.  US OK! How to claim the bonus: Players need to register through our LINK and enter the bonus code. Max cashout: $180. Cashable bonus: Yes. Allowed games:  Slots (no progressives), keno and scratch cards. Once credited when does the bonus expire: 7 days. Expiry date for exclusive bonus: Until further notice. Max bet amount for no deposit bonuses? Need to register a credit card to claim no deposit: No. Min deposit needed in order to cashout winnings: $25. Bonus can be claimed in conjunction with sister casinos no deposit: No. 

3.4 / 328 votes

410% up to $4100

Bonus code: LCB410CJ

40x(b+d) - lowest WR
CLAIM
Exclusive Bonus - Read Details
New Customer Offer. T&C’s Apply. 18+. How to claim the bonus: Players need to sign up through our LINK and claim the bonus code in the cashier. Minimum deposit: $35.No max cashout. Restricted games: Baccarat, Craps, Roulette. Available on mobile: Yes. Exclusive promo expires: Until further notice. Restricted countries from the bonus: Australia, Armenia, Bulgaria, Belarus, Croatia, Poland, Romania, Ukraine, Serbia, Philippines, Turkey, Hungary, Latvia and Lithuania.

3.4 / 172 votes

Everygame 09/12/21

300% up to $3000 + 50 Spins

Bonus code: LCB300

120xb - lowest WR
CLAIM
Exclusive Bonus - Read Details
New Customer Offer. T&C’s Apply. 18+. 300% up to $3,000 + 50 Free Spins. How to claim: Players need to sign up from our LINK and redeem the coupon code shown below in the cashier. Game for the Free Spins: Cai Hong with 30 paylines.Minimum deposit: $20. Max Cashout: No Max Cashout. WR for deposit bonus: 120x. WR for Free Spins: 10x. Valid: Until further notice. Is the bonus cashable? Yes. Available on mobile: Yes. Restricted countries from the bonus: Belarus, Bulgaria, Czech Republic, Greece, Hungary, Lithuania, Mauritius, Moldova, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Ukraine.

3.4 / 92 votes

New Funclub 27/04/23

$125

Bonus code: JOIN125

50xb - lowest WR
CLAIM
New customers only. T&C's apply. 18+. This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+.  Max cash out: $100. ONLY slot games count towards playthrough. 

3.4 / 64 votes

400% up to $250

30x(b+d) - lowest WR
CLAIM
Exclusive Bonus - Read Details
New players only. T&Cs apply. 18+. This offer is not available for players residing in Ontario. New Customer Offer. T&C’s Apply. 19+.  US OK! How to claim the bonus: Players need to sign up through our LINK and deposit. Bonus can be claimed via Live Chat Support and will be available at the cashier.  Cashable bonus: Yes. Minimum deposit: $25. Max cashout: $100. Max bet for deposit bonus: No. Allowed games: Available for all slots game. Game contribution to the wagering requirements: Slots - 100%. Is the offer available on download &/or instant play version? : Yes. Exclusive promo expires 30th June 2024. Is the offer available on download &/or instant play version: Yes.

3.4 / 37 votes

  • All Software Rival

100 Spins

Bonus code: LCB100FREE

60xb - lowest WR
CLAIM
Exclusive Bonus - Read Details
New players only - US OK. Amount: 100 free spins on T-Rex II. How to claim: Players need to sign up from our LINK - Use Bonus code LCB100FREE. Max cash out: $180. Restricted Countries and US states from this bonus: New York, Kentucky, Washington State, Maryland, New Jersey, Louisiana and Missouri. Greece, Poland, Russia, Sweden, United Kingdom, Romania, Bulgaria, Mauritius and Portugal. Promo valid: Until further notice. Min deposit needed in order to cash out winnings?: YES. Is the ND available on download &/or instant play version? YES. Is No deposit available on mobile? YES.

3.3 / 747 votes

Golden Lion 08/04/16

250%

Bonus code: SPELL250

40x(b+d) - lowest WR
CLAIM
New Customer Offer. T&C’s Apply. 18+. Min deposit: $25. SPELL250 and SPELL300 codes are valid once for new players on slots and specialty games only, PT x40, no maximum cash-out. SPELL300 can be claimed only after playing with SPELL250 code.

3.3 / 159 votes

100% up to $1000

Bonus code: SBCASINO

45x(b+d) - lowest WR
CLAIM
New customers only. T&C apply. 18+. This offer is not available for players residing in Ontario. New customers only. T&C apply. 19+. Min Deposit: $25. Cashable. Selected games only: See the website for a list of online slots. From day of activation bonus will be valid for 30 days.

3.3 / 78 votes

Slots And 08/05/19

500% up to $2500

40x(b+d) - lowest WR
CLAIM
Exclusive Bonus - Read Details
New Customer Offer. T&C’s Apply. 18+. Spela ansvarsfullt. www.stodlinjen.se. Regler & Villkor gäller. How to claim the bonus: New players need to sign up through our LINK and claim the “Exclusive: 500% Welcome Match” in the Cashier.Minimum deposit: $25. Max cashout: 10 x deposit. Game contribution towards wagering: Baccarat and Roulette - 20%, Blackjack - 10%, CaribStud, Casino Battle, Pai Gow, RedDog, Ride 'em Poker, Sicbo, Three Card Poker - 5%, Craps, Slots Progressive and Sportsbook - 0%, All Other Games - 100%.Available on mobile: Yes. Exclusive promo valid: Until further notice. Restricted countries from this bonus: Afghanistan, Azerbaijan, Bahrain, Bangladesh, Bhutan, Bulgaria, Cayman Islands, Estonia, Germany, Greece, Guam, Hungary, Indonesia, Iran, Iraq, Israel, Kazakhstan, Kuwait, Kyrgyzstan, Lebanon, Netherlands, Netherlands Antilles, Pakistan, Philippines, Puerto Rico, Qatar, Romania, Saudi Arabia, Singapore, Spain, Syria, Tajikistan, Turkmenistan, Ukraine, Uzbekistan.

3.3 / 151 votes

Ozwin 26/05/20

AU$15

Bonus code: LCB15

60xb - lowest WR
CLAIM
Exclusive Bonus - Read Details
New Customer Offer. T&C’s Apply. 18+. US OK! AU OK! How to claim the bonus: Players need to sign up through our LINK, click Cashier, open tab Coupons, enter the coupon code and click Redeem. Max cashout: $180. Allowed games: Slots. Once credited when does the bonus expire: 30 days after. Promo offer expires: Until further notice. Max bet amount for no deposit bonuses: $10. Need to register credit card to claim no deposit: No. Min deposit needed in order to cashout winnings: No. Bonus can be claimed in conjunction with sister casinos no deposit: Yes. Is the ND available on download &/or instant play version: Instant play version. Is No deposit available on mobile: Yes. Restricted Countries from this bonus: Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Brazil, Bulgaria, Croatia, Hungary, Indonesia, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, North Macedonia, Malaysia, Mauritius, Moldova, Montenegro, Poland, Romania, Russia, Slovakia, Slovenia, Tajikistan, Thailand, Turkmenistan, Ukraine, United Kingdom, Uzbekistan.

3.3 / 163 votes

Slots Villa 16/07/20

175% + 50 Spins

Bonus code: VILLA175

30x(b+d) - lowest WR
CLAIM
New Customer Offer. T&C’s Apply. 18+. Minimum deposit: $30. Maximum withdrawal amount is determined solely by the amount of the deposit and wagering requirement for the deposit bonus. 

3.3 / 68 votes

  • All Software BetSoft
Supernova 08/04/16

300%

Bonus code: BIGEVENT

40x(b+d) - lowest WR
CLAIM
New Customer Offer. T&C’s Apply. 18+. The code BIGEVENT is valid on the first two deposits, the minimum deposit is $25+ on slots and specialty games only, PT X 40, no max cashout. The code BIGSHOW is valid on the first two deposits, the minimum deposit is $25+ on cards games only, PT X45, no max cashout. Cashback is given in the form of a Free Chip, PT x50, max cash-out x5, to be claimed in Live Chat.

3.2 / 136 votes

  • All Software Rival
BoVegas 01/03/17

250% up to $5500

Bonus code: WELCOME

35x(b+d) - lowest WR
CLAIM
New Customer Offer. T&C’s Apply. 18+. Min Deposit: $25. On 2nd & 3rd deposit get 150% bonus. No max cashout. The following games are excluded from the bonus promotion offer: See website for list of online slots.

3.2 / 98 votes

Two-Up 23/02/18

250% up to $5500

Bonus code: KOALAFUN

35x(b+d) - lowest WR
CLAIM
New Customer Offer. T&C’s Apply. 18+. KOALAFUN code is valid on the first deposit exclusively starting from $25 on slots, specialty and card games, playthrough 35x(the deposit+bonus amount), no max cashout. 

3.2 / 57 votes

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