Bitcoin Casinos

Bonuses and promotions are an excellent way for any Bitcoin casino NZ players can access in order to attract new members, as well as keep the already registered ones loyal. Almost all the reliable Bitcoin casinos offer a wide range of incentives, including no deposit bonuses, deposit match bonuses, free spins, tournaments and VIP programs.

The emergence of Bitcoin casinos comes from the popularity of the payment method itself. It was introduced in 2008 and attracted huge attention since it doesn’t need any central bank or regulations whatsoever.

Though Bitcoin doesn't rely on central authorities, there is pressure nowadays on plenty of governments to legalise it. That itself speaks volumes about its popularity. However, there is not a commonly agreed regulation for Bitcoin for now. Therefore, it seems there won’t be any changes soon.

As mentioned above, there are several reasons why crypto casinos stand out from regular online gambling sites. Let's see the main reasons why people tend to love crypto casinos.

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  Speed

  As there is no central authority overseeing each transaction at any online BTC casino, everything is instant. Regular online casinos don’t have this, as banks or other payment methods need to verify each transaction, and it can take up to 5 business days.

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  Anonymity

  Another advantage you will find on Bitcoin casino sites is anonymity. It is the main attraction for some, as you don’t need to go through verification processes to make a deposit or withdrawal.

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  Security

  Bitcoin transactions at crypto gambling sites are extremely secure, as there are several layers of encryption going on at all times. So you can be entirely sure that all your transactions are safe, regardless of which BTC casino you have chosen.

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  Bonuses

  The top Bitcoin casino sites have handsome bonuses for all players. The journey usually begins with a welcome bonus, but you will be entitled to claim ongoing promotions all the time, including reload bonuses and free spins.

First, you need to choose a casino that accepts bitcoins as a payment method. Then, follow the simple steps outlined in this guide.

Step 1: Log in or register your account at the selected casino that works with BTC.

Step 2: Go to Deposit.

Step 3: Select Bitcoin from the list of cryptocurrencies as your deposit option.

Step 4: Copy the address to which you want to deposit the required amount of funds.

Step 1: First, you need to log into your casino account.

Step 2-3: Click on the arrow marked "2". Then, select "Cashbox."

Step 4: In the window that appears, click on "Withdraw" and select Bitcoin as the withdrawal currency.  Then, you need to enter the amount you want to withdraw and your Bitcoin wallet number and click on the button below.

There are several coin types that you will find on crypto gambling sites, so let’s see the most common ones below.

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  BTCH and Bitcoin

  Bitcoin Hush (BTCH) has emerged as a popular coin in recent years. It allows players to transact freely, and to its description, it is a private cryptocurrency. Bitcoin is also a very common coin found on online gambling sites, and it is probably the most popular one.

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  Ethereum

  Ethereum acts as the native cryptocurrency of many platforms, and it is widely considered the second most popular next to Bitcoin. It came out in 2015, so it has already been active for a long time. Further, it allows NFT exchanges.

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  Litecoin

  Next on our list, we have Litecoin, which is considered an altcoin. Its operations started in 2011, so it already has a long history in the crypto world. In terms of technical details, Litecoin is very similar to BTC. However, it’s four times faster than Bitcoin when it comes to transactions.

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  Binance

  Binance is a crypto exchange platform where you can exchange the coins you have based on their trading value of the day. It was founded in 2017, and it becomes bigger and better each day. However, some countries have banned Binance operations.

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  Tether

  Tether was launched in 2014 and is one of the most popular coins used at crypto casinos. There are many bonuses connected to Tether in the online gambling scene. Moreover, it uses the Ethereum and Bitcoin blockchains and is backed by the US dollar.

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  Monero

  We finish this list with Monero, a highly regarded cryptocurrency. It is privately-owned crypto that will provide you with anonymity, so it is not traceable. Nowadays, almost every crypto casino makes sure to integrate it. Further, it was first introduced in 2014.

Gambling at a BTC online casino has certain advantages and disadvantages, and below are the main ones from both sides.

Gambling at casino sites with Bitcoin has become a very popular activity for punters worldwide. It offers plenty of advantages that seem to outnumber the disadvantages. One thing that would probably make Bitcoin an even better option for gamblers is possible regulations from governments. However, some argue that the introduction of regulations might be worse for the crypto world.

Though it’s still being widely debated, we expect some positive steps in that direction shortly. Therefore, we predict that the crypto gambling world will expand even further shortly.

The list of new Bitcoin casino sites is quite long, and with good research, you can find several reliable ones. Don’t dive straight into the first one you see; check its bonuses, games, user interface, and license before deciding. You won’t encounter any transaction fees or special withdrawal limits on most Bitcoin gambling sites.