21 Dec Is It Safe to Play with Bitcoin?
How Do I Pay with Bitcoin?
This will depend on each casino site. Some websites offer crypto wallet transfers, while others require the player to get in touch with customer support. Some of the most Bitcoin-oriented gambling sites even offer the option to trade currencies on-site. This means you can deposit USD, EUR, or your local currency and exchange it for Bitcoins.
Also, bear in mind that some casino sites offer payments in Bitcoin, but not withdrawals. Others allow withdrawals with the same deposit method only. Always check the conditions first.
Safety in online casinos is not defined by the payment method per se, but by their reputation, whether they encrypt payments and your info, and, of course, their licensing situation.
This is why we recommend everyone to take extra care in choosing casinos with suitable security protocols, a good reputation, and good licenses. This is the only way to ensure maximum safety for you and your money.
Can I Play All Casino Games With Bitcoin?
It depends on the casino. Some Bitcoin-exclusive casinos, of course, allow only Bitcoin for their games. But other online casino sites will offer a mix: a Bitcoin-only section with a variety of games and then the other fiat-currency games in another section.
Many casinos allow you to play any games with Bitcoin, but you should always check first whether this is the case or not. Also, bear in mind that promotions may or may not include Bitcoin.
Is It Better To Play With Bitcoin or Cash?
This is entirely up to you. The gaming experience, if the game is available for both situations, would be the same. Initially, this might imply that it’s okay to play with either. However, you should bear in mind that cryptocurrencies are notoriously volatile. This adds an extra layer of risk to any gambling.
Let’s contemplate this scenario: you win a lot of money in Bitcoin. When you want to withdraw your winnings, Bitcoin tumbles 25%. That’s 25% less than what you would have won if you had stuck to fiat currencies. On the flip side, it can also happen that Bitcoin goes up massively, and you make even more than your initial winning.
How Do I Get Bitcoin to Play on These Casino Sites?
If you are a newcomer to the cryptocurrency world, it’s perhaps best to look for an in-depth guide on how to get Bitcoin and other cryptos. We’ll try to offer a brief summary here:
The easiest way would be to buy Bitcoin at your favorite online exchange. This is as simple as opening an account, verifying your identity, and purchasing Bitcoin with your favorite payment method. Then, depending on each casino, you would transfer Bitcoins to your casino account or follow their instructions for other methods.
Another easy way is to simply pick which casinos let you exchange your currency for Bitcoin. Bear in mind that perhaps the exchange rate is not as favorable as with a large broker.
Are There Other Considerations for Choosing Bitcoin Casinos?
We covered all the crucial features in Bitcoin casinos. If you follow our guide, you’ll find great casinos, each one with its strengths and weaknesses.
But there are other things you may want to kingdom casino canada consider based on your preferences and playing styles. For instance, you could check whether the casino offers a wide betting range or not, whether there is a particular game that you like, and so on.
It’s also essential for some players who use mobile browsers that casinos offer good mobile websites with the same features – or even better – that they offer an app for gaming.