Bitcoin casinos are becoming mainstream! Here’s everything you need to know
Bitcoin is one of the best investments you can make today, as the value of the currency just keeps increasing year by year. Due to this reason online casino bitcoin is becoming popular.
Many bitcoin enthusiasts know you can trade and invest into bitcoin but aren’t aware that you can also get it simply by playing at a casino.
In its simplicity, bitcoin casino is just like any other casino except they allow you to bid with the valued cryptocurrency. However, most casinos don’t use the word ‘bitcoin’ or ‘BTC’ instead they refer to the currency as ‘mBTC’ or ‘millibitcoin’ – a term that stands for one-thousandth of a bitcoin, or simply 0,001 BTC.
How to start playing at a bitcoin casino
Bitcoin casinos can mostly be found online, and the websites use the same casino software as other online casinos. The main difference is that you can bet with bitcoin rather than just with fiat currencies.
For anyone interested in taking the chance, these casinos typically offer an in-house wallet for their newly registered customers where you can deposit and withdraw your bitcoins. When you register at a bitcoin casino website, you are also usually greeted with some casino bonuses and benefits, depending on the casino. Just keep in mind that sometimes the bitcoin casino has no deposit bonus.
The bets you make while playing the game are taken from your in-game wallet. Whether you win or lose a game depends on you and your luck, but once you do win the profits are deposited to your in-house wallet. You can withdraw the bitcoins from your in-house wallet to your private wallet at any time, but typically casinos limit how much you can draw at one time.
The many types of games to play on bitcoin
There are many different types of games you can play:
Just to name a few! We recommend you also try the provably fair bitcoin video casino where you can see the dealer.
The advantages of a bitcoin casino
The real reason why bitcoin casinos are so advantageous is because the currency itself has a pseudonymity factor to it, and the fact that it’s quite easy to transfer.
Currently bitcoin isn’t regulated, so its value as a currency depends on how much people have trust in it. The trust in bitcoin is great, and its only growing, so having even small amounts of bitcoin can be highly profitable.
The best part is that bitcoin casinos don’t just give out small amounts of bitcoin. The jackpots can go up to 500 BTC!
Examples of best bitcoin casino
According to bitcoin casino reviews, the best bitcoin casino in the usa and around the world is not clear, but here’s the best 5 bitcoin casinos we could find:
You should be able to find plenty to choose from those options.