Cryptocurrency at casinos: is it popular or challenging?
New crypto casinos use bitcoins as a means of payment for gambling. Users purchase cryptocurrencies with credit cards or receive them via bank transfer by contacting the coin provider directly. Another option is to mine financial assets on bitcoin farms by solving computational problems.
Bitcoin casinos are not much different from standard legal gambling sites, they also need to obtain a license. The difference is that the security of a bitcoin casino is guaranteed by blockchain technology. Bitcoin casino reviews posted on the websites will help you choose the best platform by rating.
Registration and entrance to the crypto-casino
The registration process without verification takes place as in a standard online club:
- Open the official website or the current mirror.
- Press the Register button on the top right. A window pops up with empty lines that need to be filled in. Indicate the full name, date of birth, gender, place of residence, and payment system. There is an option for authorization through social networks.
- Enter your email address and create a password to restrict unauthorized access.
- Check the e-mail, find a letter from the institution, and follow the link provided to confirm the account.
An unregistered user cannot bet on real money and withdraw capital.
Account Verification
To receive payments from BTC casinos, account verification is required. Documents to be submitted:
- Personal identification scan of a passport or driving license.
- Justification of the place of residence, for example, a photo of a receipt for payment of utility bills.
There are licensed bitcoin casinos without verification. This ensures the confidentiality and anonymity of the data.
Types of games in the bitcoin casino
Online crypto casinos offer a wide range of entertainment. Rules and plots are limited by the imagination of the developers.
- Slots are a large category of bitcoin games based on the rotation of the reels and the loss of symbols on the lines. The more identical images you collect, the more tangible the reward will be.
- Desktop entertainment. The best bitcoin casinos offer to try their hand at card games:
- Baccarat. The player needs to guess who will score more points in the game, he or the opponent (dealer).
- Roulette. In an online casino, it can be French, American, and European. The point is to guess the numbers. The ball falls on a spinning wheel with numbers from 0 to 36. You can bet on the number of the sector where it will stop, its color, the row on the field, etc.
- Blackjack. A blackjack player needs to score as many points as possible (their sum should not exceed 21) and beat the dealer.
- Poker. The goal is to collect a winning card combination or make opponents fold. The gaming process on the licensed site takes place in several stages, during which bets are made and cards are dealt with.
- Live games. Table games where events take place in real time, in equipped studios, and with live dealers. There is no entertainment with bonuses, but you can place high bets for generous rewards.
- Keno is an instant lottery in a virtual casino where you can earn a large amount by guessing the numbers. Draws take place every day.
All entertainment can be launched and bet on real money after authorization.
Bitcoin casino with instant withdrawal offers up to 2000 slot machines from well-known creators:
- Endorfina (90 slots). Popular: Diamond Chance, Golden Ox, Minotaurus.
- Platipus (70 slots). Top: Hot Fruits, Aztec Coins, Bamboo Grove.
- Betsoft (115 slots). The following games received the maximum rating: Fruit Zen, Faerie Spells, and Tycoons Plus.
- Playson (100 species). Users prefer Sunny Fruits, Divine Dragon, Super Sevens, and Fruits.
- Yggdrasil (160 offers). Most often they launch Reel Desire, Victoria Wild, and ChristmasTree.
Web casinos usually cooperate with more than 30 developers. There are other names on the list, for example, Belatra, Ezugi, Evoplay, and Igrosoft.
Bonuses and Promotions at Bitcoin Casino
In gambling halls there are the following types of rewards:
- No deposit bonus for registration. Create a new account and the promotion will automatically be credited to your account. No other conditions need to be met. It can be $200, $300, or free spins. Normal casinos motivate beginners in this way.
- Free spins are rotations of the reels that can be spun on slots with a specified bet in a bitcoin casino with a faucet. To withdraw prizes, you need to wager.
- The deposit bonus is credited for the first or next replenishment. It happens in the form of a fixed amount or a percentage of the transfer. In a casino without cheating, you will have to win back the promotion, but with a minimum wager and on loyal terms.
- Presents for regular and VIP players. Regular bonuses are available to active visitors (once a week, month, quarter), personal gifts (on the occasion of a birthday, thanks for referring a friend, participation in promotions, and tournaments). For bets, users earn comp points, which are exchanged for money. Tempting offers await VIP players.
- Sticky bitcoin casino bonuses. Such a present cannot be withdrawn, it is used for betting and sticks to the deposit.
- Cashback club returns part of the money spent (from 1 to 10 percent of the amount of losing bets).
- A Promo code is a set of numbers and letters. Issued individually for active play. Usually, it is issued by brand partners. Guarantees money or free spins.
Advantages and disadvantages of bitcoin casino
Pros
- Minimum transaction fees (zero or a few cents)
- Anonymity and privacy
- Security (any attempt to forge transactions is rejected)
- Low entry threshold
- Worldwide access
Cons
- Great volatility of cryptocurrencies
- No specific legal status
- The unpredictability of Bitcoin and Blockchain
Conclusion
Players are enticed by new cryptocurrency casinos’ excellent incentives, but the best course of action is to read reviews first. Try to play for the least amount of cryptocurrencies feasible if there are none and you genuinely want to form your own opinion.
