Bitcoin is a payment system that is unique because it is powered by users without a central authority or a middleman. Instead, it is controlled by users from around the world. This concept called crypto-currency, first implemented by Bitcoin was described in 1998 by Wei Dai. It wasn’t until 2009 that the Bitcoin specification was published in a cryptography mailing list.
A public ledger called a “block chain” keeps a record of every transaction processed allowing your computer to verify and validate the authenticity. All transactions are protected utilizing a digital signature that matches the users address. Used by individual users and businesses alike, Bitcoin has grown remarkably fast with millions of dollars exchanged on a daily basis.
How to deposit at a casino using Bitcoin
Here are 3 examples (Slotland, Big Spin, 888 Tiger) with screenshots of how to deposit at an online casino with Bitcoin. We have also created a unique tutorial video on how to deposit at one of the bitcoin friendly brands, you can check it out.
Advantages Of Bitcoin
Using Bitcoin as your wallet is a much easier process than making debit card or credit card purchases that do not require a merchant account. Payments can be made through your computer or mobile phone application.
Once it is installed on your computer or mobile phone, it will create your Bitcoin address with accessibility to more whenever needed. Your address can be shared with friends where payments can be received or payments can be sent.
Money is sent instantly to anywhere around the world and bypassing any delays with no bank holidays, no borders or imposed limits. Payments are processed with zero fees or in some cases very low fees. Fees imposed are for processing transactions as priority resulting in faster confirmation from the network.
All transactions are secured and irreversible protecting your sensitive data as well as merchants from fraudulent activity and chargebacks. Every transaction must be tied to the user’s personal information, protecting against identity theft. However some casinos can be anonymous, we have prepared a list of casinos here.
Disadvantages
The software is in an ongoing development stage with many new features in the works, including new tools and services.
How to buy Bitcoins
If you're from the US, it's a process to exchange your currency for bitcoins. Due to all the monitoring and online gambling restrictions in place with US-friendly e-wallets, Americans are approaching this in a roundabout way involving Coinbase to purchase bitcoin, then opening up a second e-wallet to transfer balances. From the second e-wallet, for example, bitcoin.info wallet, the cryptocurrency may be used to fund online casino accounts directly. Cashouts are withdrawn to the funding e-wallet and transferred back to Coinbase to avoid direct association with prohibited gambling activity.
Once you have a few bitcoin in your possession they can be used to play a large selection of games at any of the bitcoin casinos listed below.
Bitcoin Friendly Slots Software
- Bgaming
- Habanero
- Mr Slotty
- Booming Games
- Belatra
- BetSoft
- IGTech
- iSoftbet
- Platipus
- Vivo Gaming (live dealer)
You can view all of them on our software directory list here.
What Makes Bitcoin Casinos Popular?
The appeal of Bitcoin and overall crypto casinos lies in their ability to offer enhanced privacy, faster transactions, and lower fees compared to traditional fiat-based casinos. Many players prefer gambling anonymously and would rather not be forced to go through prolonged verification/KYC procedures, and this is where many BTC casinos come in handy because they don't require documents. Same-day withdrawals are always a plus; the cheaper the transaction processing, the better. Another great advantage is for players in countries where gambling is unregulated or banned altogether - cryptocurrencies are not yet mainstream and not regulated in most of the world, and so many crypto casinos actually operate outside of any established jurisdiction and welcome players from all around the world.
- Users can gamble without sharing extensive personal or financial information - crypto transactions only need a wallet address, bypassing bank accounts.
- Transactions are processed much faster since cryptocurrencies operate on decentralized networks without the delays of conventional banking systems.
- Crypto platforms usually charge lower fees for deposits and withdrawals because transactions bypass traditional banks and payment processors, reducing costs.
One of the largest crypto online casinos is Stake.com, which emerged as a dominant force in the crypto gambling industry largely due to its early adoption of Bitcoin (BTC) and other cryptocurrencies. Launched in 2017 by Ed Craven and Bijan Tehrani, the platform has capitalized on the growing trend of cryptocurrency use in online gaming. By 2024, Stake.com was responsible for approximately 6% of all Bitcoin transactions monthly, with over 340 million Bitcoin bets placed each month.
Related Reading
- Everything You Need to Know About Bitcoin Casinos
- Bitcoin dedicated section in the forum
- A Comprehensive Guide to Bitcoin Wallet Types
- How to Deposit and play with Bitcoin
- Why Bitcoin is the Best Way to Withdraw Money from Online Casinos
- Funding Your Wallet with Casino Winnings
- Provably Fair Casinos
- Five Can’t-Miss Advantages to BitCoin Gambling
- What are NFTS?
- Crypto low minimum deposits
Bitcoin price
| Bitcoin payment method fees and facts | |
| Bitcoin is popular in these countries United Arab Emirates, Argentina, Australia, Canada, China, Germany, Spain, Finland, France, United Kingdom, India, Iran, Japan, Malaysia, Netherlands, Norway, New Zealand, Russia, Saudi Arabia, Sweden, Singapore, Slovakia, Thailand, United States, South Africa | |
| Link to terms & conditions | https://bitcoin.org/en/ |
Online Casinos
accept Bitcoin
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Step by Step Guide to Casino Deposits and Withdrawals with Bitcoin
One of the main challenges is getting familiar with how Bitcoin transactions work. Unlike traditional payments, you need to deal with things like wallet addresses, exchanges, and understanding how to send and receive Bitcoin. If you’re not careful when entering a wallet address, for instance, any mistake could mean your funds are lost permanently because Bitcoin transactions are irreversible.
Another potential hurdle is setting up and managing a Bitcoin wallet, especially if you’ve never used one before. You’ll need to choose a reliable wallet, whether it’s a software wallet, hardware wallet, or an exchange-based wallet. Then there’s the process of buying Bitcoin, which typically involves signing up for an exchange, verifying your identity, and navigating the buying process—something that can feel a bit overwhelming at first.
But once you’re past the initial learning curve, Bitcoin can be incredibly useful. It offers quick transaction times, low fees, and enhanced privacy, which is great for managing your casino funds.
How to Make a Fast Casino Deposit with Bitcoin: Step by Step
As more and more casinos are crypto-friendly these days, it’s good to know how to fund your account with BTC even if you’re not sure if you’re going to use it yet.
- Set Up Your Bitcoin Wallet
- Before you can deposit, you'll need a Bitcoin wallet. Choose between a software wallet (like Electrum), hardware wallet (such as Ledger), or a wallet provided by an exchange (like Coinbase). Ensure your wallet is secure, using features like two-factor authentication (2FA).
- Acquire Bitcoin
- If you don't already own Bitcoin, you'll need to purchase some from an exchange. Sign up for a cryptocurrency exchange, complete any necessary identity verification, and buy Bitcoin using your preferred payment method. Transfer the Bitcoin to your wallet if it's on an exchange.
- Log In to Your Casino Account
- Access your online casino account and head to the deposit section.
- Select Bitcoin as Your Deposit Method
- Choose Bitcoin from the list of available methods. The casino will generate a unique Bitcoin wallet address for your deposit.
- Copy the Casino’s Bitcoin Address
- Carefully copy the Bitcoin address provided by the casino. Alternatively, you can scan the QR code if you're using a mobile wallet.
- Initiate the Transaction from Your Wallet
- Open your Bitcoin wallet and select the option to send Bitcoin. Paste the casino’s wallet address into the recipient field, double-checking for accuracy.
- Enter the Deposit Amount in Bitcoin
- Specify the amount of Bitcoin you want to send. Be sure to consider any transaction fees and the current Bitcoin-to-fiat exchange rate.
- Review the Transaction and Send
- Double-check the details: the wallet address, the amount, and any associated fees. Confirm and send the Bitcoin.
- Wait for Blockchain Confirmations
- Bitcoin transactions require network confirmations. Depending on network traffic, this could take anywhere from a few minutes to an hour. Most casinos require a few confirmations before crediting your account.
- Check Your Casino Balance
- Once confirmed, the deposited Bitcoin should reflect in your casino account. If it doesn’t appear, contact customer support with your transaction ID for assistance.
How to Quickly Withdraw Casino Winnings Using Bitcoin: The Cashout Process in Steps
Bitcoin withdrawals are fast, usually a couple of minutes, or at the very least - on the same day, but you must be careful in entering the correct wallet address due to the irreversible nature of transactions.
- Ensure Your Bitcoin Wallet Is Ready
- Before withdrawing, make sure your Bitcoin wallet is ready to receive funds. Ensure your wallet address is easily accessible.
- Navigate to the Withdrawal Section
- Go to the cashier or banking section in your casino account and select “Withdraw.”
- Choose Bitcoin as Your Withdrawal Method
- Select Bitcoin from the list of withdrawal options.
- Generate and Enter Your Bitcoin Wallet Address
- Open your wallet and copy your receiving address. Paste it into the casino’s withdrawal form, taking care to avoid any mistakes.
- Specify the Withdrawal Amount in Bitcoin
- Enter the amount of Bitcoin you wish to withdraw. Be mindful of any withdrawal limits and the current exchange rate.
- Review the Transaction Details
- Verify the wallet address, amount, and any potential fees the casino might charge. Confirm that everything is correct before submitting.
- Submit the Withdrawal Request
- Once everything is reviewed, submit your withdrawal request. The casino will process the transaction and broadcast it to the Bitcoin network.
- Monitor the Blockchain for Confirmation
- After the casino processes your withdrawal, monitor the blockchain for the transaction. You can use a block explorer to track the confirmation status.
- Check Your Bitcoin Wallet for Funds
- Once the transaction has enough confirmations, your Bitcoin should appear in your wallet. Depending on network speed, this can take a few minutes to a few hours.
- Secure Your Bitcoin
- After receiving the funds, consider transferring your Bitcoin to a more secure wallet if necessary, especially if you used an exchange-based wallet for the transaction.
You should know that Bitcoin value can be volatile. Sometimes it can change slightly even while you wait for the transaction to process, so the value you send and the value you get in your casino account soon after might not be the same, but the difference will usually be very small.
FAQs
Are there any tax regulations applicable to Bitcoin as a payment method?
Can players from the US enjoy gameplay at the multiple websites dedicated to this player pool?
What are some key features of truly reliable Bitcoin casinos that can serve as guidelines?
Is there anyone to turn to for assistance or support in case of an issue or inquiry regarding your online casino experience?
Will I be eligible to claim online casino bonuses related to player deposits if I have already chosen to fund my account via Bitcoin?
Bonuses Found: 419
Example:20x wagering requirement
A 20x wagering requirement means you must playthrough your requirements 20 times before you can withdraw any winnings.
Case: 100% up to £100 with a wagering requirement of x20.
Bonus money example: Deposit £50 and get £50 bonus money. The wagering requirement is the bonus money multiplied by 20 (£50 x 20 = £1000).
Deposit amount + Bonus money example: Deposit £50 and get £50 bonus money. The wagering requirement is the deposit amount + bonus money multiplied by 20 (£50 + £50 x 20 = £2000).
Slots Capital
Bonus code: WELCOME600BTC
Free Spin
Bonus code: CRYPTOBRIDGE
Las Atlantis
Bonus code: LASATLANTIS
El Royale
Bonus code: TRUECROWN
New! Sunny Spins
Bonus code: LIONCRYPTO
Island Reels
Bonus code: INITIATE-CRYPTO
Example:20x wagering requirement
A 20x wagering requirement means you must playthrough your requirements 20 times before you can withdraw any winnings.
Case: 100% up to £100 with a wagering requirement of x20.
Bonus money example: Deposit £50 and get £50 bonus money. The wagering requirement is the bonus money multiplied by 20 (£50 x 20 = £1000).
Deposit amount + Bonus money example: Deposit £50 and get £50 bonus money. The wagering requirement is the deposit amount + bonus money multiplied by 20 (£50 + £50 x 20 = £2000).
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Member's feedback (191)
Bitcoin was one of the best-performing investments for almost 2 decades, but there are some concerning things: 1. There's a theory that it might have been created by the CIA 2. Banks are doing everything they can to ban it 3. Larry Fink initially said that he's going to crush Bitcoin, and then he changed his mind and...
Bitcoin was one of the best-performing investments for almost 2 decades, but there are some concerning things: 1. There's a theory that it might have been created by the CIA 2. Banks are doing everything they can to ban it 3. Larry Fink initially said that he's going to crush Bitcoin, and then he changed his mind and created BlackRock's BTC ETF. Even though BlackRock's ETF is having a positive impact right now, I have a feeling that Fink made the ETF to gain control over Bitcoin. There would likely be a USD crash, which would increase the value of bitcoin again because people will allocate their savings there. If this happens, I'm almost certain that he will try to crash it.
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djmorter3
15 days ago
Newbie
Great read! It’s fascinating how Stake.com helped shape the crypto casino scene by embracing Bitcoin so early. The speed, privacy, and low fees of crypto really do make it a game-changer for online gambling.
Bitcoin is very fast and usually, depending on the casino, is in my account and ready to use within an hour at the most. It's my third preferred way of depositing and withdrawing. Usually deposit with lightning Bitcoin and withdrawal with Litecoin but if I go over my limit of lightning Bitcoin I deposit and regular Bitcoin...
Bitcoin is very fast and usually, depending on the casino, is in my account and ready to use within an hour at the most. It's my third preferred way of depositing and withdrawing. Usually deposit with lightning Bitcoin and withdrawal with Litecoin but if I go over my limit of lightning Bitcoin I deposit and regular Bitcoin and just pay the fee to have it go through quicker.
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So I actually don't ever use Bitcoin, even though it is the most popular crypto, only because of its price, as far as functionality I have other choices. It fluctuates entirely too much to be worth using for me, but it's fast and acceptable to anywhere that takes crypto, so maybe one day I might get into using it
Bitcoin was the first crypto currency I started using for deposits but switched to litecoin when I noticed less fees and faster deposits and withdrawals. Using cash app the fees are insane. Coinbase is my current go to wallet for crypto,. Definitely less fees and very straight forward.. but I would definitely choose bitcoin...
Bitcoin was the first crypto currency I started using for deposits but switched to litecoin when I noticed less fees and faster deposits and withdrawals. Using cash app the fees are insane. Coinbase is my current go to wallet for crypto,. Definitely less fees and very straight forward.. but I would definitely choose bitcoin over a credit or debit card deposit
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I’ve been using Bitcoin for over 10 years and did a few casino deposits and withdrawals with it. While it’s quite convenient, the transaction fees for BTC have gotten higher and can sometimes be as high as $10, plus it can take up to an hour for the transaction to be confirmed. A good option, but there are some better cryptocurrencies...
I’ve been using Bitcoin for over 10 years and did a few casino deposits and withdrawals with it. While it’s quite convenient, the transaction fees for BTC have gotten higher and can sometimes be as high as $10, plus it can take up to an hour for the transaction to be confirmed. A good option, but there are some better cryptocurrencies out there now.
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BItcoin is a great way to deposit money or withdrawal. Just beware of fees involved. but it has been a great for me so far. no big complaints. I have been using ltc more often as of late.
not terrible, but there seems to be a lot of fees compared to ltc. and at least for me, it takes a lot longer to confirm and have funds available compared to ltc, I use coinbase so im not sure if its the platform or what but its a second choice for me
Btc is a great deposit method when the coin is doing well on the exchanges. If you your lucky enough too get a nice win and the coin also increases in value then it feels like a double win
I am very satisfied with the casinos that allow deposit and withdrawal of bitcoin, it is very professional and fast, it does not take time like casinos KYC verifying everything, I feel bored with that kind of casino. From the perspective of the position of deposit and withdrawal at casinos, I still appreciate bitcoin as...
I am very satisfied with the casinos that allow deposit and withdrawal of bitcoin, it is very professional and fast, it does not take time like casinos KYC verifying everything, I feel bored with that kind of casino. From the perspective of the position of deposit and withdrawal at casinos, I still appreciate bitcoin as good.
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Bitcoin is the way to go I especially like Bitcoin. Lightning. It's instant an there really no fee to send it unlike native Bitcoin. It makes it easier to keep track of everything
Well, bitcoin may have fallen out of favour in place of some newer coins. It Remains an excellent choice due to his low transaction fees and fast processing now with the addition of the lightning network you can make near instant transactions with virtually zero fees, making it once again a top choice for depositing and...
Well, bitcoin may have fallen out of favour in place of some newer coins. It Remains an excellent choice due to his low transaction fees and fast processing now with the addition of the lightning network you can make near instant transactions with virtually zero fees, making it once again a top choice for depositing and withdrawing
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Using Bitcoin as a banking method is a great choice for those who value privacy and faster transactions. The decentralized nature of Bitcoin allows for quicker deposits and withdrawals without relying on traditional banking systems. It also adds an extra layer of security, which is important when gambling online. I love...
Using Bitcoin as a banking method is a great choice for those who value privacy and faster transactions. The decentralized nature of Bitcoin allows for quicker deposits and withdrawals without relying on traditional banking systems. It also adds an extra layer of security, which is important when gambling online. I love how more and more casinos are integrating Bitcoin, making it easier for players to fund their accounts and withdraw their winnings with fewer delays. Definitely a convenient option for crypto enthusiasts!
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Bitcoin is without a doubt my favorite option for depositing and withdrawing at casinos, although confirmations are taking longer and longer to be processed. Here in Brazil we have other options, but for international casinos the best option is Bitcoin.
As far as I'm concerned depositing with anything outside of crypto, you're allowing unnecessary risk into the equation. Plus crypto deposits and withdrawals are ge really SIGNIFICANTLY faster than traditional fiat methods
The volatility of Bitcoin is a drawback, as is the great lengths the money must be titrated down to be played with. High fees and slow transfers are also a problem. On a good note, there are countless bitcoin ATMs that allow for easy anonymous deposits, but find one that does LTC as well and use that.
Oliver Arro
3 months ago
Newbie
Bitcoin has several notable downsides that can make it less appealing for users. One of the main issues is its extreme price volatility, where values can swing dramatically, leading to uncertainty for users and investors. Transaction speeds can also be a concern; during high demand periods, transactions may take longer...
Bitcoin has several notable downsides that can make it less appealing for users. One of the main issues is its extreme price volatility, where values can swing dramatically, leading to uncertainty for users and investors. Transaction speeds can also be a concern; during high demand periods, transactions may take longer to process, causing frustration. Additionally, the technical complexity of using Bitcoin can be a barrier for those unfamiliar with cryptocurrencies. While it offers a degree of anonymity, transactions are not fully private, as they can be traced on the blockchain. Lastly, Bitcoin mining consumes a significant amount of energy, raising environmental concerns. These factors contribute to a perception of Bitcoin as a risky and complicated option for everyday transactions.
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Bitcoin was the game changer. As soon as I was able to start sending Bitcoin. It made playing at these sites a lot more easier. I think the best part was how fast the withdrawals were. Nowadays the transaction fees are too expensive and it just takes too long for my taste. I try not to deal with Bitcoin at all anymore but...
Bitcoin was the game changer. As soon as I was able to start sending Bitcoin. It made playing at these sites a lot more easier. I think the best part was how fast the withdrawals were. Nowadays the transaction fees are too expensive and it just takes too long for my taste. I try not to deal with Bitcoin at all anymore but I'll never forget that it completely changed the game of I try not to deal with Bitcoin at all anymore but I'll never forget that it completely changed the game
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Why I like bitcoin to use with casinos. 1:Bitcoin gambling platforms use blockchain technology to provide a transparent, decentralized, and secure gambling experience.2:Some Bitcoin casinos offer a welcome bonus for first deposits.3:There is no federal law in the US that prohibits gambling with Bitcoin, but some state laws...
Why I like bitcoin to use with casinos. 1:Bitcoin gambling platforms use blockchain technology to provide a transparent, decentralized, and secure gambling experience.2:Some Bitcoin casinos offer a welcome bonus for first deposits.3:There is no federal law in the US that prohibits gambling with Bitcoin, but some state laws do .
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I used to deposit with Bitcoin all the time, but lately, it’s just not worth it. The minimum transfer amount keeps going up, and the fees are getting ridiculous. Every time I try to send BTC, I end up paying way more in transaction costs than I would with other cryptos. It’s frustrating because it used to be a great option,...
I used to deposit with Bitcoin all the time, but lately, it’s just not worth it. The minimum transfer amount keeps going up, and the fees are getting ridiculous. Every time I try to send BTC, I end up paying way more in transaction costs than I would with other cryptos. It’s frustrating because it used to be a great option, but now I’d rather use Litecoin or another altcoin that doesn’t eat up so much of my money just to move it around.
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