Bitcoin Casinos: A Complete Guide
Bitcoin casinos are everywhere. They offer the same experience as playing at any other online casino games, live casino, or sports betting. The only difference is that bitcoin casinos offer one additional option: depositing and withdrawing using Bitcoin or any other cryptocurrency.
So are they worth your time? How do you find the perfect Bitcoin casino to suit your needs and how do you fund your account so you are able to play? Read on for our complete guide on Bitcoin Casinos.
Bitcoin Casinos: Are they worth your time?
In 2022, the online gaming industry is worth more than $300 billion and it is set to continue growing over the coming years.
Thus, it is only natural that it should work hand in hand with another growing industry: the cryptocurrency industry.
Bitcoin casinos marry online gaming with cryptocurrency, offering fans of online gaming the opportunity to pay for their online gaming experience using Bitcoin and other cryptocurrencies. The number of bitcoin casinos has been gaining steadily in popularity with new crypto casinos popping up at a fast-paced rate to satisfy the demand.
So we’ve established bitcoin casinos are pretty popular. If you want to discover the perfect bitcoin casino for you, what should be your next step?
How to find the perfect Bitcoin Casino
Before you decide to commit to a Bitcoin Casino, it pays off to do some groundwork on which one you should spend your Bitcoin on.
Let’s look at some features that you should look out for when you are comparing crypto casinos.
Security & Licensing
Whenever you deposit money into any online business, you should always check the security it offers, especially when it comes to Bitcoin Casinos.
There are several entities worldwide that regulate this market and issue licenses that safeguard the customers with the most secure ones being the United Kingdom Gambling Commission, Malta Gaming Authority (MGA), the Curacao Gaming Control Board and Gibraltar Licensing Authority.
Before you start playing make sure that you look out for a license issued by any of these regulatory bodies so you can make sure your crypto is in good hands.
While Bitcoin remains the most popular cryptocurrency to deposit when playing on crypto casinos, there are several that offer their customers the opportunity to play using Ethereum, Ripple, Dogecoin, Litecoin, or Bitcoin Cash as well as Bitcoin.
The importance you give this feature depends on whether you are interested in playing using altcoins (cryptocurrencies that are not Bitcoin) or whether you are a Bitcoin loyalist and would not consider playing with any other cryptocurrency.
Most crypto casinos offer promotional offers when onboarding new customers. This gives you the opportunity to compare your experience with each one after availing yourself of the promotional offer, and deciding which casino suits your preferences the most. It’s good to know that some casinos offer deposit bonuses while others provide cashback.
Sites such as Cryptocasinos.com and Cryptomaniaks.com, conveniently list all the promotional offers that are currently available, making it easier for you to pick and choose the crypto casinos that you prefer to try out.
Most crypto casino users will already be familiar with the different types of games that online casinos provide and will most probably already have their playing preferences. While some casino players prefer playing online poker, others may prefer slot machines or roulette. Most bitcoin casinos will offer a variety of games for you to try out. However, if you already have your preference it might be worth checking out sites that cater to a specific niche. For example, BetBeard.com specializes in slot machine games and has a variety to choose from.
Loyalty Rewards Programs
Before you sign up for a bitcoin casino, you should check out their loyalty rewards program.
Most reputable online crypto casinos offer their players the opportunity to earn points when playing at their casinos. These points can then be redeemed for credits or bonuses.
Moreover, if you are used to playing with larger stakes, you should look out for a VIP program that will help you earn bigger rewards such as exclusive promotions, birthday gifts, regular bonuses and more.
Whether you are new to bitcoin casinos or you are a seasoned player, you should always make sure that the crypto casino has great customer service that is readily available to help you with any issues you might encounter while depositing funds or playing.
The best bitcoin casinos have 24/7 live chat so you can contact their agents easily. However, having an email address through which you can contact customer care can also do the trick.
How to deposit crypto on a Bitcoin Casino
Buying cryptocurrencies at Xcoins to play at your favourite bitcoin casino is a simple, easy process.
Xcoins guarantees the delivery of your chosen cryptocurrencies within just 15 minutes meaning you can start playing straight away!
At Xcoins, you can buy crypto instantly using your credit or debit card, Apple Pay or Google Pay, SEPA bank transfer if you are in the EU, and Faster Payments bank transfer if you are in the UK.
Just follow the below steps:
Step One: Don’t have an Xcoins account yet? No problem, it’s easy to register. Simply “Sign Up” and complete the verification process.
Step Two: Once your account is up and running, click “Buy Bitcoin”.
Step Three: Purchase Bitcoin by choosing how much you want to buy and the currency you want to buy it in.
Step Four: Select your preferred method of payment.
Step Five: Enter the Bitcoin casino’s Bitcoin wallet address, so we know where to send your purchase.
Step Six: Click “Complete Payment” and that’s it, your Bitcoin will be at the crypto casino within 15 minutes and you can start playing shortly.
Sign up or log in now to enjoy 0% fees on your first order. Moreover, Xcoins lets you buy up to $150 worth of cryptocurrencies without any verification required, with 15-minute delivery from payment guaranteed.
This article does not constitute financial advice. You should only invest and play the amount of crypto you are willing to lose. Make sure you do your own research and consult a professional financial advisor before making any investment decision.