WHAT IS A BITCOIN CASINO?
Bitcoin casinos accept Bitcoin transactions, as implied by their name. As this currency is a relatively recent development, many casinos have been reluctant to embrace it due to concerns about safety and anonymity.
Bitcoin casinos fall into two categories: those that accept normal currencies, along with Bitcoin, and those that only accept crypto payments. No matter what, the casinos are similar in appearance, offer more or less the same games, offer similar bonuses, and have similar features. The only difference is that players may choose from a variety of payment options.
Several points are worth mentioning about Bitcoin casinos, some of which may also apply to traditional casinos:
There are many Bitcoin casinos that offer authentic games, some of which are exclusive to Bitcoin gamers. Most traditional casinos do not offer these games.
Random number generators are used in these games, so they are provably fair
Exclusive bonuses will be offered by Bitcoin casinos
Payment processing fees for transactions are generally low or free
Transactions using Bitcoin are lightning-fast, whether they are deposits or withdrawals
In terms of licensing, there is no set rule
Private and anonymous gambling services are available to players with real money gambling
BONUSES AT BITCOIN CASINOS
It doesn't matter if a casino accepts Bitcoin or not, you're sure to get plenty of bonuses, regardless of whether it accepts credit cards or e-wallets. In the iGaming industry, there are some standard types of Bitcoin casino bonuses that we have come to expect.
Bonuses for Bitcoin casinos with no deposit
No deposit bonuses are a fairly new kind of online casino incentive in which the casino awards a player simply for registering. In addition to increasing the casino's user base, such bonuses provide players with a fantastic start to their gaming journey without the risk of financial loss.
No deposit crypto casino bonuses are often offered at crypto casinos. You can choose from several different no-deposit bonuses at these casinos. Here are some examples:
Player receives some Bitcoins for free when they sign up for a no deposit bonus
Free spins no deposit bonuses that offer you a certain number of free spins to use on a particular game as stated in the bonus terms and conditions.
DEPOSITS AND WITHDRAWALS AT BITCOIN CASINOS
Bitcoin deposits and withdrawals are actually simpler, faster, and cheaper than those made via traditional payment methods, contrary to what many players believe. Your online casino cashier will require a few items before you can make a Bitcoin deposit:
Crypto wallets that work
Make a deposit by following these steps:
Navigate to the casino's cashier tab.
Choose Bitcoin as your payment method.
Enter the amount you wish to deposit. If you wish to deposit less than 1 BTC, please indicate this in decimal form.
You can confirm your payment by clicking the confirmation button on the screen.
You will receive your Bitcoin in your casino account.
Winnings can be withdrawn as follows:
Click the Withdraw button once you've filled out the form.
The Bitcoin wallet's public key address to which you are withdrawing funds.
Copy and paste the address or type in the alphanumeric string in the space provided
You can scan the address as a QR code in Bitcoin casinos that offer this feature.
You will see your Bitcoin deposit into your wallet as soon as you confirm the transaction.
FREQUENTLY ASKED QUESTIONS
Bitcoins are relatively new and at present not available at South African casinos. It is therefore natural for you to have loads of questions about this new form of currency. We have put together for you a set of FAQs that answer the basic questions relating to bitcoins, especially from a South African viewpoint.
In 2008, Bitcoin was introduced as a new form of currency. It is a cryptocurrency that is accessible online.
Over the years, bitcoin has been the subject of much controversy globally, and this is also true in South Africa.
It has yet to be accepted as a legitimate currency by the South African casino industry.
Bitcoin remains legitimate despite this, however.
China and the US have already accepted it as a valid currency.
South Africa will likely follow suit in due course.
A bitcoin exchange should be used to buy bitcoins, and a bitcoin wallet should be used to store them.
Transfer them to your casino account by following the steps outlined in the section titled Payments and Withdrawals at Bitcoin Casinos.
As soon as they are in your casino account, you can use them to play your favourite casino games. To transfer them to your casino account, follow the instructions in the section titled Payments and Withdrawals at Bitcoin Casinos.
You can use them to play your favourite casino games after they are in your account.
The Bitcoin price is usually volatile.
South Africa accepts the standard international exchange rate against the US Dollar as the standard price for pricing.
The price value can then be converted into South African Rands in order to calculate the local price.
However, the Bitcoin exchange rate fluctuates constantly, so there is no fixed rate.
It's easy to get a Bitcoin e-wallet.
It does not need to be downloaded to your computer or mobile device.
E-wallets for bitcoin can be purchased.
Many of them are also available for free.
Provide the required information to register with the e-wallet.
Access the private key by setting a password; it's that simple.