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
Crypto deposits are so much faster
I’ve been playing at casinos using Bitcoin and other various cryptocurrency for several years now. It’s by far the best in option in my opinion. Being a player from the United States, it’s very difficult to find trustworthy casinos, and even more difficult to find trustworthy casinos that can pay out winnings hassle free within a reasonable time frame. I’ve found that I got my winnings on average about 3 times faster versus using standard CC/Debit card deposits. Love it.
I will never go back to cc deposits. Crypto deposits/cashouts at many casinos are instant. I have significantly increased my chances of winning because of this.
Bitcoin is the best way to play online casino games and get the most for your money I think get in quick cash out quick and you know the bit coins can hold its value at this point in time I say it’s your best bet by far!
I think it it is annoying to buy Bitcoin on some websites because you have to verify the heck out of yourself show your ID and wait for them to verify your bank and it will take 3 to 5 days it’s never instant if it was instant and you could do it quickly then I would like to let more but also you lose money every time you transfer a Bitcoin to Dollar a dollar to bitcoin so it’s just a wave for fees to be involved when it’s unnecessary
Bitcoin is the fastest easiest way to go. Dont have to put credit card information out there or link cards even. Its very safe and no foolish fees except very small for blockchain
all bitcoin casinos have their assets. in my opinion, they are all just fun!
Thanks pls list more btc casinos i Know others
I finally learned who to use bitcoin Last year and I do enjoy it more then having to use bank ing account or my own credit/debut card when playing games online deposit usually fast but withdrawl I know are def faster like some place it’s instant which is great and now in days so many optin if where to purchase and storage the coins as before bit many options so anyways goodluck to all ? the world of crytocurreny is always changing so I hope it will bring good change over the next year
winza…. does any of you fellas and ladies, want to try my referral link. for the site above, i have not got a clue how it works, but try to learn, about cryptos .its winza, and does games roulette wheel of fortune dice game payeerr perfext money usd. free claim hour faucet, play for free ,, its worth a look, i think it iis anyway thank you andrew
BTC is the only way to deposit in my opinion.
The best BTC promo running right now is at Bovada. Whether it’s their casino or the sportsbook. They are give cash back rewards from deposits and play. Also, they are giving points away that equal $15.00. Just redeemed mine today. That also bumps you up the the next rewards tier.
Bitcoin casinos have faster withdrawals and lower depositing amounts but I find the games don’t win often
I dont believe most of bitcoin casinos n now Jenn aint evennin medford?
I really like the quick payouts. The whole process is just easier.
I don’t see myself ever playing at another fiat based online casino again, playing with crypto currencies adds a whole other dimension to gambling and what I mean by that is I have to study the market to decide which coins I can buy for cheap and then possibly get a 20× deposit cash out with an extra 10% that the currency gained over the course of my playing. Im curious does anyone else do this or is it just me?
bitcoin withdrawals are so much faster i got mine from crypto thrills in less then 24 hours
cool
I’m a huge fan of btc and btc casinos and bonuses. I’ve won a lot of money over the last year and and love how quick and easy the withdrawal system is, especially on Bitstarz and Cleopatra Casino. Wagering requirements can be pretty high but most bonuses I’ve tried have been well worth the time and effort. Btc and crypto currency in general is a big game changer in the online casinos and has taken gambling to a whole new level. The btc bonuses overall are pretty good and if your Lucky enough to meet wagering and withdraw a big payout you won’t be disappointed.
Awesome
I like the fast payouts!!@
Bitcoin price up again,i like it
Yes very good i want to share a new place to buy you crypto coin chat is live 100% of the time i was verified within 60sec to buy with a credit card from US and instantly paid go here
I promise even if you are new to crypto they will help you i have accounts at coinbase,monarch,n.exchange,and a couple other places and this is by far the best they do VERIFY YOU BEFORE YOU BUY so no getting stuck for hours or day without your purchase xcoins.com
Love bitcoin and crypto gaming
dont understand about btc value etc
I always love the bitcoin casinos because of the withdrawal times and the different variety of games plus if you use a vpn to change your country to play all the games they tend not to care about that so that makes for alot of variety. They usually have pretty good bonuses too.
I absolutely love bitcoin and crypto gaming websites. Most of them have super fast options for cashing out. Bitstarz has t be one of my favorites because they never seem to fail in the free spins department!
brings a new way of gaming in casino
I love it
Bitcoin and other crypto gaming sites have made gaming and banking effortless. It’s simple fast and easy to use when you chose to play in bitcoin or crypto currancy it opens up options where previous ewallet and credit and debit cards fall far behind. I’m sure this option for gaming online will fast overtake all other methods that are slowly being left behind
Bitcoin makes online paying simpleton
I love bitcoin casinos but the trading cost is getting too high!! I am about to stop gambling with them due to how hard it is to get them easily without giving your identity and scammers online.
My experience at kloviaclinks. com is super amazing. Two weeks ago, I decided to try out their bitcoins investment option, I invested some btc with them and since then, my bitcoins has grown tremendously. This is so amazing.
Bitcoin casinos are my favorite
I love bitcoin casinos. From Canada my cashouts would always take days even weeks, so long i would often give up cashouts and just play them out to 0. When i learned that in canada we can buy btc with e-interac (electronic bank transfer from a person to another instantly from canadian bank to another) i could buy and sell and get money in my bank instantly meaning i went from waiting eternity, to just go to btc trade site, buy the btc, takes 15 minutes. Get them go play, instant cashouts, return to site, sell btc instant money in my bank weeee. Of course the trading fees and mark up from sellers are a thing but if you know some people and dont sell and rebuy all the time like i do it’s not big of a deal. It changed my life haha. The only downside is most if not all btc casinos run playngo low rtp and it makes it very brutal at times, more than the already brutal playngos with 96.21% rtp hehe. But overall i love it.
Love Bitcoin casinos and the ability to gamble with it. So many less problems and issues arise than when dealing with checks and wire transfers.
Bitcoin keeps reaching new heights in the cryptocurrencies market no wonder there is a lot of casinos that are trying to enter in the industry of cryptocurrencies gambling.Quite easy to use and it requires less KYC procedures from the casino side which does makes things smoother and easier for players who gamble on cryptos.
bitcoin actually crypto currencies in general have made online gambling fun again! Fast payout and very few KYC requirements
I love bitcoin, everything about it. How it’s decentralized and completely open yet somewhat anonymous. And how small the fee’s are, to send ANY where in the world within minutes. I like how some casinos make use of this and don’t require you to verify your identity and address. But strongly dislike how others claim to support bitcoin yet won’t let you play unless you jump through their verification hoops.
I was playing bovado years ago and now they have cafe casino and ignition. Slots lv also. Fun to play but never win
With bitcoin the way that it is, it hard to tell if you should deposit with bitcoin. Just one of the many risks that if you take could pay off handsomely.
Bitcoin casinos are my favorite because you don’t have to wait for your winnings and no long drawn out verification process. Casinos take your money instantly so they should all make payouts instant. I believe for some casinos, it’s an excuse to find something wrong to not give you the winnings.
instant deposits, and instant cashouts, only downturn are the fees, which are a bit out of control sometimes.
Now that the fees are back down, bitcoin is the way to go. Until / unless it crashes, but hey then we move to ethereum or whatever the next monster is for the US. Also, there are several trustworthy fully anonymous casinos you can use bitcoin with.
It’s a great, the bitcoin system, you play anonymously.
it’s the best way to gamble with.
with bitcoin, you play anonymously. but recently it went up so high so i switched to usd or eur. with.bitcoin withdrawal is fast. i prefer casinios with flexible ways of payment.
i like playing slots using bitcoin…easy to access and play
Bitcoin is a very good and fast way of money transfer. I like that no bank or something has control over it. If you play at sites which accepts bitcoin, you can expect fast deposits and withdrawals.
But be careful, some bitcoin casinos are rogue.
I get payments quickly wit bitcoin!
Very safest and easiest way to deposit money. Anybody can use bitcoins even even if your bank decline your payment, you can easily topup your wallet and deposit to your casino. very helpful for gamblers.
I was a bit skeptical at first, but then I had no choice but to use Bitcoin since UPay no longer accepts USA players. I was so confused at first, but then as I bought and sold and deposited, it is very easy! Also Bitcoin withdrawals are fast and efficient! For someone who didn’t understand Bitcoin currency at first, I am now a strong supporter of it!