Bitcoin is the largest and most popular cryptocurrency in the world. Since it first launched in 2009, the virtual currency has taken the world by storm. From the first pizza purchase to the first casino deposit made, Bitcoin has created waves across the globe.
As the currency found its feet, the online gambling industry started to take note of what the crypto could do. With it becoming more popular by the day, operators decided to open up the opportunity for punters to use their currency for betting.
Now, crypto casinos are some of the most popular sites around, especially as regulations allow these casinos to open in different countries. Depending on where you live in the world and what the laws state about gambling online, Bitcoin casinos can be legal.
Why People Use Bitcoin To Gamble Online
Bitcoin gambling is taking over the casino space, and it’s for good reason. Players feel more secure when they can use a safe way to transfer funds on the Internet.
- Private Playing – Privacy is the number one reason that players want to use Bitcoin rather than fiat currency when betting or wagering. Being able to keep your identity safe means your information stays away from prying eyes. What could be better?
- Safe Gambling – The blockchain offers more security than any other wallet or payment method can. If stored correctly, Bitcoin is almost impossible to steal or manipulate. Private keys play a huge role in this, and the security of your funds is directly in your hands.
- Quick & Easy Payments – Finally, instant and cost-effective payments are priceless. By being able to get your hands on your funds whenever you please, you can play your favorite games without worrying when or if you’ll ever see that big win land.
How to Spot a Legal Online Casino
There are many factors that prove a Bitcoin casino is trusted and legal. Here are a few of the most important points to keep in mind when looking for the best Bitcoin gambling site.
Depending on the region you live in, licensing for Bitcoin casinos may be tricky. However, it’s the number one way to know that you’re in safe hands. A casino can be trustworthy and legal while also providing Bitcoin as a viable deposit and withdrawal method.
One important factor is the games and providers that a casino features. When a casino has well-known software providers that are licensed, there’s a good chance that the crypto casino is trustworthy too. You also want a wide range of playing options, such as slots, table games, live dealer titles, and more.
If you’re looking for a legal Bitcoin casino, and you find a site that catches your eye, a quick Google search should reveal what you need to know. Read what other players have experienced, learn more by scouring casino reviews, and take a look at their social media for more information.
Safe gambling tools are more than just smart ways to play, they can make a difference in how you experience a casino too. A legal Bitcoin casino will offer the option to set deposit and withdrawal limits, provide self-exclusion options, and even let you take breaks from your account when you need it.
When playing online, legal Bitcoin casinos are some of the safest options around, all thanks to the blockchain and its many strict security measures. Make sure that you’re playing at a legal and licensed site for total peace of mind.
Are Bitcoin casinos safe?
As long as you’re playing at a licensed and regulated Bitcoin casino, you’ll be in good hands. It’s important to only choose sites that can offer safe ways to play, secure transactions, and responsible gambling tools. Take a look at CryptoCasino.com’s list of recommendations for a good place to start.
Which games can I play at Bitcoin casinos?
You’ll have access to a full range of casino games that you would find at traditional online casinos. Online slots, table games, live dealer games, crash titles, and so much more are all up for grabs depending on the site you opt to join.
Can I withdraw winnings from a Bitcoin casino?
Yes! You can safely and easily withdraw winnings from Bitcoin casinos using your trusted Bitcoin wallet. The process should be quick and simple without any delays, thanks to the crypto existing on the blockchain. You can rest assured that you’ll receive your winnings almost instantly.