Payment in virtual currency such as Bitcoin, Dogecoin, Ethereum and others have been spreading in the world, which is why many online casinos have been created that offer all or partial payments in these cryptocurrencies. If you operate in this payment sphere or you are only interested in which online casinos you can encounter digital currency, do read further.
Currency and payments of bitcoin casinos
There are over a thousand cryptocurrencies on the market today, but Bitcoin (BTC) is one of the most popular. No wonder that online bitcoin casinos use mostly this virtual currency. However, you can also find many other digital payment options, e.g. Ethereum (ETH), Dogecoin (DOGE), Bitcoin Cash (BCH), Litecoin (LTC) or Dash (DASH). We recommend that you always check each online casino to see what cryptocurrency it accepts. Accordingly, you can decide if the casino is interesting for you in terms of these payments.
There are two types of bitcoin online casinos. The first allows you to pay both in virtual currency and to use the traditional payment method, which we consider very advantageous and trendy. Then there are online casinos that support cryptocurrency only. This is a bit restrictive, but if you happen to like virtual currency, it’s definitely not an obstacle.
Where to buy Bitcoin and other cryptocurrencies? Simply on Coinbase!
We recommend that you keep all your cryptocurrencies in the TREZOR hardware wallet
Game offer of bitcoin online casinos
The game offer of bitcoin online casinos does not differ from classic online casinos. So, you don’t have to worry about not being able to play some of your favourite hazardous games. As with the standard online casinos, we recommend that you look at websites of the chosen casino. You can easily find what online games a casino offers even before registering. You can usually look forward to popular online slot machines, online Poker, Roulette, Blackjack or simply Dice.
Pros and cons of bitcoin online casinos
The biggest advantage of using virtual currencies is considered to be anonymity. So, we can say that online casinos using cryptocurrency are so-called anonymous casinos. Online casinos which use classic payment methods cannot offer anonymity because the players who pay there can be traced. Nevertheless, anonymity as an advantage could be argued because the current legislation of online casinos which use cryptocurrency considerably limits this.
The disadvantage of using cryptocurrencies in casinos may be, for example as with bitcoin transaction fees which often are not that small. It also depends on the online casino where you are playing. Some online casinos offer you to pay these transaction fees for you.