2023 's Top 10 Online Casinos for Bitcoin
Here you can find a shortlist of the best Bitcoin casinos for gambling online. Bitcoin has many advantages for online casino play - it is anonymous, has no direct connection to a personal bank account, and players get access to extra bonuses and promotions just for using it. Here you can learn more about how to use it at casinos online, what makes it safe, and the most popular currencies available.
Our Top Recommended Bitcoin Casinos
The latest Bitcoin casinos to avoid
Our 25-step review process has been carefully designed to give us a comprehensive understanding of every site we review. The steps include areas like gaming variety, speed of withdrawal, bonus money conditions, and licenses and security. When a casino fails in any of these steps, we add it to our list of sites not to be trusted.
Intro to Bitcoin
Bitcoin is a new currency type that does not rely on banks and has no physical cash corresponding to it. It is a decentralised virtual currency or cryptocurrency used by millions of people and businesses around the world. Bitcoin casino transactions will have much faster processing times and lower fees than other online payment methods because they do not involve banks and investment companies.
Using Bitcoin when gambling protects your identity and allows you to deposit and withdraw funds anonymously. There’s no sharing of any banking or personal data in order to make financial transactions. There are now dozens of Bitcoin online casinos, each offering a unique portfolio of betting games like roulette and online slots to crypto-currency customers.
How to get set up
Bitcoin is an easy payment method to use, particularly via a mobile app. Before you can deposit Bitcoin into your casino account you’ll need to get some of the currency. You can do that by following the steps below:
- 1Register for a Bitcoin wallet of your choice. Simply go to Bitcoin.org to download the free client for storing your Bitcoins.
- 2Either buy coins from traders, or mine them directly yourself. You can find detailed explanations online on how to do that.
- 3You are ready to find an online Bitcoin casino! Our experts have shortlisted their recommendations for the top Bitcoin sites to help you choose.
How to make a deposit using Bitcoin
Once you have obtained some Bitcoins you can deposit them into an online casino account using the following steps:
1. Open an online gaming account and go to the ‘cashier’ section of the website.
2. Select ‘Bitcoin’ as your deposit method. The screen will provide you with a unique web address for your account.
3. Go to your Bitcoin wallet and input that address in the tab for sending Bitcoin.
4. Enter the amount and confirm your transaction.
5. The funds will become available to use within a few minutes.
How to withdraw from a casino using Bitcoin
Withdrawing funds with Bitcoin is a straightforward process, outlined in the steps below:
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1. Go to the casino cashier
When you are ready to withdraw funds from your account, open the ‘cashier’ page at the online casino of your choice.
2. Choose Bitcoin
Select Withdrawal and then Bitcoin as your payment method. You’ll need to enter the amount you’re looking to transfer out of your account.
3. Generate the Bitcoin wallet address
At this point, you’ll need to go to your Bitcoin wallet and copy the wallet address you are given.
4. Check your details
Give the Bitcoin address to the casino and check that everything meets their withdrawal requirements.
5. Make your withdrawal
Click withdraw. The Bitcoins will be available within a few hours once the casino has processed your request.
Pros
- Transactions are completed within minutes
- Full anonymity is possible
- Bitcoin wallets exist in mobile app form
- High-end security is provided by the Bitcoin wallet
- No transaction fees
Cons
- Still a relatively new and untested currency
- Could be difficult to understand Bitcoin for those who have never used it before
- Bitcoin value fluctuates with users and markets
- It is a digital currency and there is a small chance that some Bitcoins may be lost if all key systems involved crash
Safety and security
By its very nature, Bitcoin is one of the safest payment methods around. There is no connection to personal names, banks, bank accounts or other private information that could lead back to your identity or allow someone to exploit the data for their own purposes. Bitcoin transactions are digital and highly encrypted. During the process of moving Bitcoin around a number of verifications are carried out to ensure that it is all running smoothly. All this means that Bitcoin casino transactions are virtually untraceable and completely secure, making them one of the best ways to pay for real money gaming accounts or to withdraw funds, no matter if you are playing on the web or via a mobile device.
In addition, if you keep your Bitcoin earnings in Bitcoin and do not convert them to cash currency they will not be taxed, as the decentralization of Bitcoin means there is still no central regulating authority that can tax it.
In 2013, Bitcoin was internationally recognized as being an important innovation by being awarded the TechCrunch Best Technology Achievement award.
With e-currency based on cryptographic proof, without the need to trust a third-party middleman, money can be secure and transactions effortless.
Frequently used coin types
There are a number of different cryptocurrencies accepted nowadays by the best online casinos. While they often work in similar ways and provide similar benefits, they do all have distinctive features. Below are the most popular coin types you could consider for online gambling:
Bitcoin - By far the most popular cryptocurrency in the world, Bitcoin is usually the go-to option for crypto casino gaming.
BitcoinCash - Similar to Bitcoin, BitcoinCash is based on the same system but has a lower value per coin, which can make it easier to use for smaller amounts.
Ethereum - Ethereum is an established cryptocurrency with a convenient wallet and a very secure platform, making it perfect for online casino banking.
Litecoin - Launched in 2011, Litecoin was one of the first Bitcoin alternatives, and its take up has grown at a similar rate. It is now widely used at top betting sites.
Dogecoin - Although it started as a joke currency in 2013, Dogecoin has proven itself as a reliable option with a strong following in the online community.
Monero - Thanks to its improved platform and protocols, Monero promises to offer the best privacy for online transactions, making it a perfect choice for casino players.
Dash - Dash was created on the Bitcoin protocol, and so comes with similar perks but at a lower value. It's best suited to and more convenient for lower-budget players.
NeoGas - NeoGas is not as widely used as some other cryptocurrencies, but still has a large following in China, particularly because it's the token used on the NEO platform.
Stratis - Stratis offers blockchain solutions for corporations looking to incorporate the cryptographic technology in the financial sector for more secure transfers.
Peercoin - One of the lower cryptocurrencies with great potential, Peercoin promises very secure transactions at low costs and with annual returns for users.
PlayMoney - A demo currency used by leading cryptocurrency-based online casinos to give players the chance to try out the games without spending any real money.
Staying Anonymous with Bitcoin
Anonymity has become a rare commodity in today’s digitized world. Bitcoin is one of the best ways to remain truly anonymous online and keep your banking transactions to yourself. Here are some ways to protect your privacy:
- 1Don’t share any personal information with your Bitcoin wallet. That way transactions cannot be traced to your name and information.
- 2Keep your funds in Bitcoin. Converting them into USD or other standard currencies will make them traceable.
- 3Generate a new wallet address for each transaction. You can do this by going into the wallet and requesting a new address every time, thus not leaving a trail of transactions leading to you.
- 4Play only at recommended, reliable Bitcoin casinos you can trust to protect you and your data.
Similar banking options
How we rate Bitcoin casinos
Background and safety check
A core stage in our 25-step reviews process is checking the casino’s licence and gaming authority information, to ensure all financial operations and transactions are overseen by a recognized body in the industry. This makes sure your funds are safe and you have a good level of protection regards your casino funds and winnings, alongside a fair game.
Deposit funds and contact customer support
We’ll make deposits in several currencies and rate the casino based on its speed, ease and security of payment. Bitcoin casinos come with an extra layer of online security because all transactions are encrypted multiple times. Customers remain anonymous and there are no personal details required for deposits. We’ll also fire off a number of questions at the customer support team to ensure players can get help when needed.
Play games and cash out winnings
We believe it is important for players to have full control of their funds and not have to wait around for days to receive their winnings from online casinos. Once we’ve tried a few hours of gameplay at we’ll request any winnings to vet the casino cashier’s response time. Bitcoin facilitates very fast transactions without any costs, and so the best casino sites must support quick withdrawals.
Why use Bitcoin at online casinos?
The notable advantage that comes with using Bitcoin, or any established cryptocurrency, is complete anonymity. As it’s not regulated by a central bank, Bitcoin is anonymous, and customers aren’t required to enter personal details to open an account or make transfers. Bitcoin transactions are also very secure, being encrypted and verified several times in different points on the network to guarantee the best security. In terms of privacy it’s basically impossible to trace transactions back to their source. Not only are Bitcoin gambling transactions free to make, they are also much faster than other casino banking options. It’s common for withdrawals in standard currencies to take around seven days to process, but payments in Bitcoin are done in a matter of minutes.
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FAQ
What is Bitcoin and how does it work?
Bitcoin is a digital currency you can use online to pay for products and services just like you would with real cash. Most people buy Bitcoins from specific sites or receive them as a form of payment from a friend or someone else. Bitcoins originate from and can be obtained through a process called mining. The unique thing about Bitcoins is that there’s a finite number of them at any one time. Longer term, there will never be more than 21 million in existence, and it's estimated that that figure will only be reached by 2140.
Can I fund my online casino account with Bitcoins?
Yes you can! There are now dozens of Bitcoin online casinos, each offering a unique portfolio of betting games like roulette and online slots to crypto-currency customers.
Is it a safe banking option to use?
Bitcoin is a very safe banking option, which is why it’s become so popular in recent years. For most kinds of Bitcoin wallets, a fraudster would need to have both the login information for your wallet and the physical device your wallet is located on to access your funds. That second part makes hacking a Bitcoin wallet much more difficult, especially if the hacker doesn’t live anywhere near you.
How fast are Bitcoin transactions with casinos online?
They are more-or-less instantaneous. There is no processing time with an external bank, unlike with some more traditional banking methods like credit cards or e-wallets. This is true for both withdrawals and payments at casinos accepting Bitcoin.
How do Bitcoins compare to other banking options?
The cryptocurrency compares very well. It has an edge on other methods for its instant transactions and anonymity of personal bank details. With e-wallets like PayPal, you must tie your account to your bank. Bitcoin wallets don’t require this, and so are considered a much more secure payment method. The only downside to BTC gambling is that values fluctuate: if the value of your Bitcoin goes down, you won't be able to withdraw as much cash.
Will there be any fees with Bitcoin transactions?
Not usually. Bitcoins can be bought and sent peer-to-peer across the Internet without going through a bank or clearing house, which means there are no processing fees. However, there may be some processing fees depending on the online casino accepting them.
