Bitcoin is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. It started on the third of January 2009,13 years ago. BTC is the foremost and most popular cryptocurrency. Bitcoin Gambling online is the wagering of BTC in the outcome of an event.

Bitcoin gambling happens on Bitcoin gambling sites or Bitcoin casinos. Due to the rapid increase in the popularity of Bitcoin in recent times, many people are venturing into Bitcoin gambling. We make this article to safeguard our users from losing their digital currency. Popular questions are also provided answers to, so our new users and old customers as well will enjoy their betting experience.

The best Bitcoin gambling sites are safe, trustworthy, and offer bonuses. They can also offer other benefits that can make life easier for bettors. Of course, you can easily withdraw your funds.

How we rate Bitcoin gambling sites

Bitcoin gambling sites are online casinos that allow users to wager bets using Bitcoin for transactions. To protect our users from scams and illegal Bitcoin gambling sites trying to cheat them of their digital currency. These are the criteria
Used in rating our Bitcoin gambling sites, so you can select safe gambling sites.

Security & Licensing

The importance of security and Licensing cannot be stressed enough in rating a Bitcoin gambling site. Lots of gambling sites are out to scam vulnerable people out of their money.

A licensed gambling site always signifies on the website to show it’s safe to wager on the platform. Gambling licenses are documents and authorizations that are put in place to help protect vulnerable people. These documents are only given to gambling sites that have gone through a very strict check from the government.
A safe website is one with an outstanding reputation. It’ll be licensed to operate in your country and you can trade your Bitcoin on it. A secured website will not even allow you to register and deposit funds if you’re registering from a restricted country.

Websites Design

The user interface of a Bitcoin gambling site is also another important criterion in rating Betting sites because it determines how easily users will find the gambling site. A very complicated website design will stress users and make them prone to mistakes. If the website design is user-friendly customers will enjoy their games well. A good website must be attractive, easy to navigate, and its services easily displayed.

Customer Support

They are mostly people with enough knowledge to direct users and also help them solve problems they face on gambling sites. It is there to provide immediate replies to users. Customer service can also help new users enjoy their gambling experience and make sure all obstacles they face are swiftly taken care of. The importance of good customer service cannot be emphasized enough when it comes to betting online. A good Bitcoin gambling site customer service must be ready to respond quickly and easily to players’ inquiries, especially new ones.

Bonuses and Promotions

These are tools gambling sites use to attract new users, they can also be used to reward old customers. There are different bonuses for different people. We have four main types of bonuses, which are: Welcome Bonus, Free spin, Bonus codes, and No Deposit Bonus.

A new player may be rewarded with a welcome bonus upon signing up. While the requirement for this varies, it’ll most likely come in the form of a matched deposit bonus. You can also be rewarded with poker chips, free spins, or even cash prizes if you’re using the Bitcoin platform for the first time. Our enlisted sportsbooks also reward existing players with ongoing bonuses. Other bonuses that they offer other than the welcome bonus are deposit bonus, Free Bets, no deposit bonus, and more.

How to deposit and withdraw with cryptocurrency

The process of depositing and depositing on a Bitcoin gambling site is a very easy process for people with a bit of knowledge of crypto transactions.

How to deposit

• Open an online gaming account and go to the ‘cashier’ section of the website.
• Select ‘Bitcoin’ as your deposit method. The screen will provide you with a unique web address for your account.
• Go to your Bitcoin wallet and input that address in the tab for sending Bitcoin.
• Enter the amount and confirm your transaction.
• The funds will become available to use within a few minutes.

How to withdraw

• Go to the casino cashier.
• Choose Bitcoin.
• Generate the Bitcoin wallet address.
• Give the Bitcoin address to the casino and check that everything meets their withdrawal requirements.
• Make your withdrawal.

Pros and Cons of Bitcoin Gambling

We can’t provide in-depth knowledge to our users if we don’t talk about the advantages and disadvantages of Bitcoin gambling. Users who are just making contact with BTC will not understand how difficult it is to learn about crypto. Explaining the pros and cons of Bitcoin gambling is to protect and create awareness in our users.

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.

Other Gambling Cryptocurrencies

Although Bitcoin gambling USA is the most popular type of crypto gambling, other cryptocurrencies can also be used for gambling on online betting sites. Each gambling cryptocurrency has their weakness and strengths, which allows the user to make a choice based on preference.

Ethereum

Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. Ethereum was conceived in 2013 by programmer Vitalik Buterin.

Bitcoin Cash

Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Bitcoin Cash is a spin-off or altcoin that was created in 2017.

Litecoin

LTC is decentralized money, free from censorship and open to all. Send low-cost private, secure, borderless payments to anyone, anytime, anywhere.

Dogecoin

is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a “joke”, making fun of the wild speculation in cryptocurrencies at the time.

FAQ

These are popularly asked questions on Bitcoin Gambling, to further explain.

Can I fund my online casino account with Bitcoin?

Yes, your online casino can be funded with Bitcoin, depending on the type of online casino.

Is Bitcoin safe to use?

Yes, betting with Bitcoin is safe as betting with fiat currency. However, one has to carefully check their deposit and withdraw on the site because Crypto transactions are non-reversible. There is always the probability of losing wagered bets.

How fast are Bitcoin transactions with casinos online?

As long as the transaction is marked as successful and all the required details are filled right. 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.

Will there be any fees for Bitcoin transactions?

Yes, Bitcoin transactions charge a small fee that is paid to miners. The higher the transaction the seeker it is picked up by miners. High-fee transactions are most likely to be included in the next block.

Conclusion

This article provides comprehensive knowledge of Bitcoin gambling. We explained how to start betting, and how to make a deposit with BTC. Also provided answers to some frequently asked questions that surround Bitcoin gambling.