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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.

No one owns the Bitcoin network. Confused? The best way to thoroughly understand it is to compare it to email technology. Users basically have the freedom and it is completely controlled by users on a global level. Developers are continually improving the software but the user is free to choose what software and version they like much like an email service provider. Users can receive bitcoins through a mobile app or computer program for a personal Bitcoin wallet.

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.

For other countries, there are a variety of reliable purchasing options such as Kraken or CoinJar, you can find out more info by clicking here. An alternative to this is buying bitcoins from other individuals locally through localbitcoins.com.

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 (AU only)
iSoftbet
Lucky
Platipus
Vivo Gaming (live dealer)

You can view all of them on our software directory list here.

Related Reading

Bitcoin price

Link to terms & conditions

https://bitcoin.org/en/

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. No one owns the Bitcoin network. Confused? The best way to thoroughly understand it is to compare it to email technology....

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FAQs

Are there any tax regulations applicable to Bitcoin as a payment method?

No, there have not been any tax policies implemented on Bitcoin payments, mainly since the payments themselves are just as unregulated. Once governments start acknowledging this cryptocurrency as an actual currency, there are bound to be further tax requirements.

Can players from the US enjoy gameplay at the multiple websites dedicated to this player pool?

Bitcoin online casinos are available for US players (Bovada and Superior Casino) they have been known to attract large portions of this pool. This is mainly due to Bitcoin’s unique anonymity and security features; all they have to do is pick a Bitcoin wallet that suits them the most and start getting Bitcoins in it for funding purposes.

What are some key features of truly reliable Bitcoin casinos that can serve as guidelines?

Guidelines to the top reliable Bitcoin online casinos only slightly differ from the regular tips to finding reputable and generous online gambling sites. More specifically, the game selection is still of primary importance, regardless of the fact that there is a Bitcoin-specific casino in question. Make sure they boast a wide enough gameplay library to match your preferences. Player promotions and bonuses, as well as an overall interactive site interface are also key to distinguishing the good from the bad. Still, you are less likely to look for regulated operators instead of unregulated ones, mostly due to the fact that Bitcoin’s vague legality is not subject to proper regulations and authoritative bodies.

Is there anyone to turn to for assistance or support in case of an issue or inquiry regarding your online casino experience?

When it comes to Bitcoin transactions, there is no specific authority to turn to in case of an emergency. However, this isn’t to say that players are left all on their own - in fact, there are just as many peers on the Bitcoin platform – blockchain, who communicate among each other, support the execution of transactions and freely share important and helpful information. What is more, players are always free to address the customer service and support representatives at the respective Bitcoin online casino where they have dedicated their gameplay. Most of these offer just as instant responses as payment processing and will offer a solution in no time.

Will I be eligible to claim online casino bonuses related to player deposits if I have already chosen to fund my account via Bitcoin?

Yes, , players that choose to fund their online gambling activities with Bitcoin can still be eligible for the player bonus and benefits provided at specific casinos. Basically, all you have to do is make sure you qualify for the specific terms and conditions – minimum deposit amount, player VIP ranking or otherwise – and simply claim your extra spins, deposit match or no-deposit bonus offer.

Best Bitcoin Bonuses For 2022

Crypto online casinos, as well as hybrid ones, will offer players a range of benefits just to choose this payment option over some of the fiat currencies available. After all, the numerous advantages of Bitcoin as an online casino banking method more than evidently put it in the operators’ favor. For players who are also looking to make the most out of online gameplay with Bitcoin, there are a range of bonuses and promos on offer. These include:

Welcome Bonus – Players opting for the Bitcoin cryptocurrency option for their initial deposit are in for quite a welcome. Crypto casino sites tend to reward them with a generous match on their initial deposit amount (50%, 100% or even 150%) up to a certain amount, boosting players’ bankrolls instantly.
Deposit Match – In line with the Welcome Bonus package, which is practically a standard in the interactive gambling industry, players at Bitcoin casinos can also find a number of deposit-match bonuses. These can be ordinary reloading bonuses for regular players who fund their account daily, weekly, or even monthly. Other times, these may be part of the Welcome bonus, giving players a deposit boost on more than just their first deposit.
No Deposit Bonus – Although rarer, No Deposit crypto casino bonuses are also an option. These are distributed among newly registered players prior to their initial deposit at the casino platform. Make sure to check the terms of the bonus, and compare it to the actual amount. Other than that, there is nothing stopping you from getting some free tokens to try out all your favorite games.

Finally, there are a few things to be aware of, considering the nature of the cryptocurrency in question. Value fluctuations are no stranger, and neither are high wagering requirements, so make sure to check all aspects of the offers and only claim the ones you will feel comfortable with and enjoy yourself!

Best Bitcoin Bonuses For 2022 Crypto online casinos, as well as hybrid ones, will offer players a range of benefits just to choose this payment option over some of the fiat currencies available. After all, the numerous advantages of Bitcoin as an online casino banking method more than evidently put it in the operators’ favor. For players who are also looking to make the most out of online gameplay with Bitcoin, there are a range of bonuses and promos on offer. These include: Welcome Bonus –...

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Crypto Thrills Casino

2.2 / 92 votes

Crypto Thrills Casino bonus code: CRYPTO250

250% up to ₿1 + 50 Spins bonus code: CRYPTO250

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2.2 / 92 votes

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Member's feedback (111)

james jenicek 16/05/22

4.3 / 5

Bovada provides the fastest withdrawal time in BTC. It is less than 2 hours. When you deposit in Bitcoin, don't choose the priority option when sending. The normal delivery option can be just as fast. 10-20 minutes. Even though it says 2 hours. You save more money. Cashapp has very low fees and quick transactions.

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China26 07/05/22

5 / 5

I only withdraw crypto I can’t do usd lol takes to long

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Crystal Overcash 25/04/22

5 / 5

I have never been able to withdraw in any other form besides crypto. It's seriously the only way to go.

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barsalou6 08/04/22

4.1 / 5

"Bitcoin is the only way to go. I mean, seriously honestly if any casino claims they’re a Bitcoin casino and doesn’t pay out that same day within a few hours, they are NOT & shouldn’t be in category of a bitcoin casino (in my opinion) also if you were claiming to be a bitcoin casino, I need to be able to deposit and play with my bitcoin, not convert to dollars or euros and play with it. I want to wager mbtc.. Of course all that is my opinions, and what I like and expect out of being categorized “bitcoin casino”

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dminaltechno 07/04/22

3.4 / 5

awesome, i want more casinos integrate crypto in deposit and withdraw metods! this is the future :) gl all

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Logan2408 08/03/22

4.8 / 5

You guys are freakin awesome thank Hld y’all be here and such

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BeGavin02 18/12/21

4.5 / 5

I love playing with crypto as cashouts are super fast and withdrawals are simple without any fuss, the bonuses on offer at some of these casinos are just amazing, thanks LCB.

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Tammy Wondergem 11/11/21

4.7 / 5

I love crypto casinos, so quick and easy no mess no fuss

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mblair 19/10/21

5 / 5

Crypto cashouts are the best. It's as simple as cashing out to Coinbase then transferring to your bank account instantly.

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Ciara64 22/09/21

5 / 5

Saves a lot of time when cashing out ! I love the idea of casinos that play with and offer bitcoin deposits.

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Latest Forum Posts

Markotik

12 days ago

Hey LCB'ers, The latest stop of our From the Player for the Players project was aUS and bitcoin friendly online casino,Slotsroom.com. Our tester ended up with 1200 in Bitcoin so be sure to see...
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Markotik

1 month ago

Hey LCB'ers, It was time to test another US - friendly casino, and see how it handles deposits and withdrawals in Bitcoin, and observe its KYC process. The casino in question was Lion Slots. In...
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Hi LCB'ers, Our tester paid a visit to an online casinowas on the LCB warning list for almost ten years -BetUS Casino.The operator was placed on probation in October 2020, and finally removed...
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2 months ago

Hi LCB'ers, This time we tested a US friendly, Everygame Casino - rebranded Intertops Casino, See how the procedure ofsigning up, depositing, playing, verifying and withdrawing went: Tester of...
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Luckynn

2 months ago

Report breakdown: Tester of the day: Juggaloroscoe Registration date: December 20, 2021 @ 9:00 P.M. Deposit date, amount and payment method: Deposited $200 in bitcoin on December 20, 2021 @ 9:20 KYC...
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2 months ago

Hi LCB'ers, This time we tested anon-US friendly casino, one of the top choices for SA players, Yebo Casino. See how the entire procedure, from depositing to his withdrawal, went. Here are the...
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3 months ago

Hi, So, here's another test - our testerMarijaSpaid a visit to crypto ŁTC Casino. She's back with important information on the signup process, depositing, playing and of course, cashing out....
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Colleen Gauthun

4 months ago

I have been playing almost exclusively with bitcoin for a couple of years now. My favorite bitcoin casino is hands down MBit. They have a really good VIP team and have gone above and beyond for...
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