Online Casinos Accepting Bitcoin
Bitcoin began life in 2009 but didn’t explode into the worldwide phenomenon we know it as today until 2017. Massive demand for the cryptocurrency caused the price of a single Bitcoin to soar to dizzy heights, early adopters that held onto their Bitcoins saw massive increases on their initial investment.
Today, Bitcoin is a widely accepted form of payment used for both withdraws and deposits and is even used in the world of online gaming as an additional banking option.
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How To Buy, Deposit And Withdraw Using Bitcoin
You might be thinking to yourself that setting up a cryptocurrency account for online gaming is something that only a technological geniuses can accomplish, well I’m here to tell you that anyone can!
We created a step by step guide to help you get started on your cryptocurrency journey. Watch our comprehensive video below:
Getting Setup With Bitcoin
Step 1:
When getting started with any cryptocurrency, the very first thing you will need to do is identify the right cryptocurrency wallet for you, your crypto wallet is essentially exactly that, it helps not only store your cryptocurrency, but also gives you the ability to buy, sell, and pay. Now there are hundreds, if not thousands of crypto wallets available today, all of which carry with them their own unique benefits and features. The official Bitcoin website has developed a great, easy to use system that allows you to view the crypto wallets that will best suit your needs. So the first thing we recommend is to head to bitcoin and select a crypto wallet. You will find that most crypto wallets come with mobile apps for easy, on the go access.
The official Bitcoin website has developed a great, easy to use system that allows you to view the crypto wallets that will best suit your needs.
So the first thing we recommend is to head to bitcoin and select a crypto wallet that works for South Africans. You will find that most crypto wallets come with mobile apps for easy, on the go access. For this article we have chosen to use Luno, a cryptocurrency platform that allows South Africans to buy, sell, store and trade Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin and more.
Step 2:
When you have chosen your crypto wallet you will need to then load funds onto it, this can be done very easily mainly through bank transfer or alternatively instant EFT.
Step 3:
Once you have loaded your crypto wallet with funds, now is the time where you are able to actually purchase your crypto of choice. When it comes to online casinos, it’s important to know that most online casinos have made bitcoin the main crypto for deposit and withdrawals, so we recommend looking at purchasing Bitcin for your first time.
Making your First Deposit Using Bitcoin
You have your crypto wallet setup and you have bought your very first share of Bitcoin, congratulations, welcome to the very exciting future. It’s now time to make your very first deposit using Bitcoin. Below you will find a step by step guide on how to go about making your very first deposit. or this tutorial we are using the Luno Crypto wallet, and Yebo Casino to make our Bitcoin deposit.
Step 1:
For easy deposit using bitcoin we recommend that you have your mobile phone and your crypto wallet handy as we will be using the QR code payment function to make our first deposit.
When it comes to crypto wallets, at first most will allow you to top up your wallet, buy and sell Bitcoin, however if you would like to actually pay using Bitcoin there is often a request that needs to be sent for this function to be enabled.
If you are using the Luno app like we are, then this process is very easy, simply login to your Luno app and click on “Send”. Luno will then ask you if you would like to enable the payment feature, you will say “yes”. It is important to note that once you have requested this, it takes up to 24hr for Luno to process and enable the function.
Step 2:
Once you have enabled the Send function on your app you can now head to your casino of choice to make your deposit, in this case Yebo Casino. Login to your Yebo Casino players account and head on over to the “Cashiers” section where you will be able to choose the deposit method you would like to make use of.
Step 3:
From the deposit method options, scroll down until you find Bitcoin, select this. You will now be able to enter the amount you would like to deposit using Bitcoin. With Yebo Casino it states the min deposit amount is ZAR25, however we found that a minimum deposit of R75 + only works.
Step 4:
Step 4 is the time where you will need to have your mobile phone and your Luno app open. On the casino side you will be shown a unique payment code, you can either use this or the unique QR code, we found when making Bitcoin payments that the QR code is easiest.
Go into your Luno app and select “send”. The app will then ask you where you would like to send Bitcoin to, you can either enter the unique bitcoin address, or alternatively in the top right hand corner of the app you will see a small QR code icon, if you click on this is will open up your phones camera and you can scan the QR code on the casino deposit page.
The app will then register the payment and ask you how much you would like to deposit, it will also ask if you’d like to add a reference.
Step 5:
This is the final step, once you confirm the purchase, Luno will send you an SMS to authorise the payment, once you authorise the payment the casino will process your payment. Most transactions will be credited to your account within 10 minutes of submission. But this timeframe can vary based on your chosen mining fee and volume of bitcoin transactions.
Monitoring Your Balance
You can easily keep track of your Bitcoin balance using the Luno app. It tracks all cryptocurrencies that youcurrently own and shows how their respective markets are doing in real time. f Bitcoin is a route you areconsidering, Luno is a must have app.
Some Things to Keep In Mind
By its very nature, cryptocurrencies are incredibly volatile. You need to be vigilant when making investments. Don’t invest money that you aren’t willing to lose.
If you want to use Bitcoin as a method of withdrawal understand that its value will fluctuate. The money that youhave in the wallet will go up or down depending on what the market does on any given day.
You could also use the fluctuating market to your advantage, if the value of your investment is higher than youroriginal input you could potentially deposit more into your desired casino balance.
Understand that not every South African casino will accept Bitcoin as a banking method, pay close attention to which ones do and which ones don’t when making your decision where to play.
Heard Of Zonda Pay?
Zonda Pay is a service that allows its users to transfer and receive cryptocurrency payments fast, easily, and safely. This payment gateway uses the same technology that crypto does, the blockchain. If you’re making an online purchase or even making a deposit at an online casino, if Zonda Pay is an option, you’ll be able to use it to make your crypto transfer. You’ll be able to process Bitcoin, Bitcoin Cash, and Bitcoin Gold payments by using this gateway. The regulated currency that Zonda Pay operates with is Euros, it’s important to keep that in mind when using the service.
Bitcoin Friendly Casino Slots
While you browse around various online casinos you may come across games developed by BGaming, Booming Games, iSoftBet, Tom Horn and Yggdrasil. All of these suppliers create Bitcoin friendly casino slots meaning that you’ll be able to take advantage of specific Bitcoin bonuses that they offer.
What Are The Advantages?
- It’s an investment, you could see high returns on what you put in as the market grows and strengthens
- Some casinos offer exclusive Bitcoin bonuses
- Faster withdrawals and transaction processing times
- Some BTC casinos offer provably fair games
- Bitcoin and transactions involving Bitcoin are secure and anonymous
- Bitcoin exclusive brands have proprietary software, unique tools and perks
- It’s independent, you don’t have to go through a bank if you don’t want to
Any Disadvantages?
As we’ve already stated, Bitcoin, and cryptocurrencies as a whole, tend to be quite volatile. They can grow exponentially, yes, but they can also crash and have done so a few times in the past. Understand that what you have in your Bitcoin wallet is constantly changing and often at times might be lower than what you anticipated.
Closing Thoughts
Bitcoin can be an incredibly useful tool to use in the online gaming sphere. You could easily double your investment or have it get halved, it’s all based on what the market is doing on that particular day.
If you decide to make a deposit when your wallet balance is high you’ll be able get more out of your experience than you normally would if you went with a different banking option.
You might also lose a lot of your withdrawn winnings in a Bitcoin Wallet. These are things to keep in mind when making the decision to use a cryptocurrency based method of banking.
These market patterns can be easily tracked but difficult to predict so take some time and think about all your options.
If you can make it work for you, you’ll be at quite the advantage but that isn’t guaranteed.
Recent Comments for Bitcoin
160 Comments
User reviews marked with this logo are syndicated from LCB.org
can’t wait to win some free money, then transfer and withdraw through my bitcoin. Sounds fun to me
Bitcoin is probably the greatest thing to ever happen 2 online gambling. It’s a great system I just hope it doesn’t screw us over at the end. It’s the only way I deposit that’s for sure.
Bitcoin casino has taken over the gaming industry. I won’t play any casino that doesn’t support bitcoin. there is a lot of bitcoin casino that scam which is giving bitcoin casino a bad rep. some people think of scam when they here bitcoin casino. i think of super fast withdraw and deposit. why would you wait months for cashout when you can get it within the next hour.
I love the idea of bitcoin casinos, because you can obtain bitcoins by mining the good old fashioned way of making money and then straight to the casino to try and double it hehehe!
A great tool to obtain bitcoins is Eobot you can mine for free or pay to get a little more out of your mining.
Bitcoin casino has taken over the gaming industry I won’t play any casino that doesn’t support bitcoin there is a lot of bitcoin casino that scam which is giving bitcoin casino a bad rep some people think of scam when they here bitcoin casino i think of super fast withdraw and deposit why would you wait months for cashout when you can get it within the next hour
I love bitcoin Casino’s but its very rare to find No Deposit Bonusses for these
Yesterday I won 200mbtc it turned out that the casino is scam.I do not like the bitcoin currency.
I have switched to bitcoin exclusively. It’s really a NO-BRAINER for those of us in the US. We can wait 3 – 6 weeks for a $200 cashout… or 15-30 minutes! It’s convenient, easy, inexpensive and I can play all the same games as I did with fiat currency..
Bitcoin is a great way to send money. Way less hassle for both gamblers and the casino and you really only need to wait a quarter the time of FIAT deposits
I love bitcoin, but I have had some problems with transfer times. I have sent to casinos previously
and it wasn’t instant. They didn’t credit my account for a week! the $50 in bitcoin that I sent was $120 by the time it showed in my account….of course I was only credited the $50
well i have used about 4 different sites a few times i was extremely unhappy with the amount that i ended up with after i pushed send. i dont like going onto the sites like Paxful; just for instance becuz i do like them, but i hate amount of time i have spent sometimes when a seller asks you to do 80 different downloads and other things before they will allow you to purchase…Sooo, I don’t know about any one else as far as what they know about coinbase, but I love it…it is the quickest and easiest for me and i get a lot more of my money than any where else i’ve tried.. and my fav. thing about it is that you dont have to search out a seller..one click and it is instant in your acct.. for a withdrawal from coinbase to get your money versus depositing, you can transfer it to paypal and it is instant.. to your bank acct., a few days..not liking that too much but it is the easiest i have used and i like it a lot.. onelast thing i think is beneficial about BTC is that many casinos let you play with ten and sometimes it only like 8$ or 6$ when it gets there. Good to play the 10$ casinos when i am low on$..
The best online payment system that i ever used.. It totally anonymous and that real important for us that like to gamble and to bet..
Good payment method with certain advantages as compared to fiat payments: Privacy, Convenience, Relatively user-friendly.
However, there are certain drawbacks in the form of: Slower transactions, Higher costs, Difficult to procure.
I love Bitcoin, so great, I cannot say enough good about Bitcoin. That was before I even found out about the whole casino usage factor, so now even more so than before am I so very thrilled to share my love of Bitcoin with anyone willing to listen….
localbitcoins.com ? everybody there arange fee min 100% of purchase.
For ‘How to Buy Bitcoins’…I highly recommend http://www.localbitcoins.com
The traders there are fair and will treat you right. Of course, as with any type of ‘trade’ or ‘deal’ involving money you need to listen to your ‘spidey senses’ to avoid the rogue hustlers.
I have purchased bitcoins on many different sites and have NEVER been ripped off at http://www.localbitcoins.com . The few times I got into trades that had issues, http://www.localbitcoins.com support were very good about making sure the trade went as agreed upon. This is very strict with its sellers and will simply kick off sellers that act shady towards buyers.
thumbs up!
I just wanted to point out that the “how to buy bitcoins” section needs to be updated as circle no longer lets you purchase bitcpin and is now merely a p2p money transfer service.
Now as far as bitcoin goes – i LOVE the concept of it and have been playing with bitcoin almost exclusively lately. If you are playing at a bitcoin casino, nearly all of them have instant or quick withdrawals which is key as waiting for a check or wire transfer for 2 weeks is quite annoying especially knowing there are instant paying casinos out there. I am also not happy with the exchange rates on some sites as it can actually become quite costly in the end to obtain bitcoin.
Bitcoin has been the only way I play online for the past 3 years. It makes deposits and cash-outs simple and easy just like it is for the rest of the (non-USA) world. I would never go back to playing without it.
I just love playing with bitcoin! I do sometimes get confused trying to figure out exchange rate but thumbs up from me!! It became much easier to play with once I downloaded Coinbase. Now it is all I use.
Bitcoin is the best invention of this century!
The price is closing $1800 as of today!
i am a big fan of these bitcoin casinos aside the awesomeness of using bitcoin to fund your wallet which in my book is a ginormous plus. not to mention alot of these bitcoin based casinos have games that arent available on some other sites. the few times i have needed to ask the staff for help i have been pleasantly helped i look forward to what is to come concerning these casinos
Bitcoin casinos are becoming more and more tight with games since the price of bitcoins are going up,I have noticed this on ALL my casino accounts I use btcs only with! I am getting tired of it.This is edited from awesome to “ok”
I like using bitcoins for all diferent games at any time
Using bitcoins brought convenience in all of my casino transactions. My first choice in looking for new casinos would be BTC casinos. Instant withdrawals are offered on bitcoin casinos. You can transfer any amount to your deposit address which goes directly to your balance account instantly. There is just one thing that i do not like with the experience. That is if the amount you transferred would be unconfirmed for a long period of time which delays your withdrawals. I almost cashed out a no deposit bonus. However my deposit was confirmed after 10 hours making me play my supposedly winnings till it reached zero. If this was confirmed right away, i could have cashed out a 50mbtc (the max) from nd free spins on sign up. I was just asked to deposit any amount for the btc withdrawal to be activated.
i like it a lot more now since i found coinbase.. Paxful is the one i used and it seems like so much more work. i’m happy with it now..
Bitcoins are my new favorite way to deposit to casinos. Although it is a little bit of work to obtain them (Paxful, Localbitcoin, CEX.io, Xcoins.io, etc) and might end up being a bit more expensive than if you were just depositing with your debit/credit card, I like it because it is so instant. If you win, you can withdraw your bitcoins to your wallet and see the transaction posted usually within the hour.
Bitcoins are the easiest way to deposit and withdraw from most all casinos.You an use peer to peer sites to buy bitcoins with amazon cards,western union,moneygram bank deposits and mostly with NO ID. That is the beauty of bitcoins! Using no id can make more players comfortable with playing online without the fear of being ripped off,having their ID stolen,and most often wallets (btc wallets) are secured with a 2 factor security system which makes it even more SECURE than most online transactions,you have so many choices with this crypto currency it’s rediculous! Purse.io is actually a place to really bank out with these coins if your looking to cash them into merchandise or if you sell on amazon,I keep going on and on but will end it with google u what you can do with bitcoins/casinos and how easy it is to deposit and cashout and you’ll see the difference this can make in your gaming experiences! You can also use big websites and buy them via market pries and or use paypal! So many choices too many to name!
No doubt bitcoin has made the life easier for many of us who play and work in the net. Lower fees and fast transactions are just the main advantages of using that crypto currency and obviously the future belongs to it.
Of course many people are concerned about bitcoin great amplitudes in rate sometimes but I think that’s just add excitement of using it and let’s not forget some people made huge profits from the bitcoin trading.
For me it’s the future of online payments in any shape.
Bitcoin has made it easy for players anywhere to cash out quickly and easily. Plus with the recent increases in the value of bitcoin, you can make a profit just by holding on to the coin. While most casinos on this list allow bitcoin for deposits and withdrawals, there are a few that only accept bitcoin for deposits, and do not have the option for bitcoin withdrawals. I hope those that dont have bitcoin for withdrawals upgrade soon!
I always use bitcoin now a days BUT buying via peer is BETTER than using all these websites,not unless you want to wait: BUT. again? I tell you it’s more expensive.I will give newbies a tip (vet bitcoiner here lol) You need to start with a small amount,and the best option is BANK DEPOSIT! usa players ESP. Do your homework BEFORE joining a website. Paxful and localbitcoins are the most commonly used.
Bitcoin….i wish i understood this, there are many ups such as quick, limited verification…but then theres faucets?
i love Bitstarz.. and Mikey and new chat helpers!ive wagered many free spin bonuses and cashed out some reasonable winnings. I find them quick in the chat area and often instant in withdrawals! i love the love at Bitstarz
I absolutely love Bitcoin. So much quicker with deposit and withdrawal. Casinos are awesome. Bonuses are even better. Pick this 100 to 1 without a doubt.
bitcoins were difficult for me to get the hang of at first. but once i finally did, omg! i just cant go back to depositing using credit cards,etc. fast cash outs and no hassle with paperwork.. also, a super plus plus, is the slots that i can play using bitcoins now.
I found out yesterday about Circle not allowing BTC transfers to other wallets. Maybe time to try Coinbase?
I tried making a deposit with my Circle account and message came up I can’t send to bitcoin address anymore. I have to send to an email or phone number. I’m waiting for an answer from them. This is just terrible as I can’t seem to find another wallet I can use like this
Bitcoin is definitely the best thing to come into USA welcome, online casinos.
No hassle deposit / withdrawal.
Kiss goodbye those big ($45 & $50) minimum deposits and enormous cashout fees.
I finally feel like I’m being treated like any other ordinary gambler and it feels good!
I starts thinking really serious about cryptocurrency cause I feel that its more coins, and more people trying those, earn,.
Bitcoin is the best thing that happend to us.Thank you God on Satoshi Nakamoto <3
Bitcoin is the only way to gamble online if you live in USA.
Heads up to any players ready to convert to BTC….take your time learning the value of BTC relative to betting and how a BTC cashout would translate into your currency of choice. 🙂
Bitstarz is great! they have most friendly support ever, always cheerful and fun to joke a bit with 🙂
I highly recommend it. easy to use , safe, and anonymity guaranteed.
Bitcoin has the most hassle free withdraws ever. No taxes and totally anonymous (at *playamo, *bitstarz, and *Mbit anyway. Steer clear of casinos asking you for ssn’s and mothers maiden name. that’s identity theft pure and simple= slots.lv, bovada, ignition!) Bitcoin casinos are my favorite and I wish there were more.
Very impressive payout timeframes and one of the bigges bitcoin casinos. Still, too many shady terms and conditions. Get rid of them, bitcoin means transparency!
superb payment method. I highly recommend it
so far so good hopefully bicoin doesnt get hackēd again that might stop any one from trusting in this currency .i started using rite after the breach in security made me kind of nervous to use but sofar its been good
an awesome banking solution. Especially if you are coming from the US ( knowing all the restrictions placed upon that market ).
Bitcoin is the best!my favorite way of making transactions
Just started using bitcoins today, will see how it goes.
Bitcoin is tricky to get the hang of at first but once you have it, it is one of the cheapest and fastest ways to deposit and withdraw at an online casino
It is cheap for sure. I wouldn’t say it is that fast. Depending on whether you are impatient. I’ve waited 10 minutes for BTC to update in my crypto wallet. TRC-20 is the fasted crypto for me. Although, the fun of BTC going up and down while gambling is taken out it when using stablecoins.