Bitcoin Casinos – the ultimate Cryptocurrency gambling guide

Bitcoin Casinos are the perfect option for those who want to play casino games in a new and different way. Bitcoin casinos offer users the ability to deposit, withdraw money and gamble without interference from jobs or governments as to where they might do so.

However, Bitcoin casinos also have their drawbacks that will make some users think twice about using it. This Bitcoin Casino guide will explain how cryptocurrency casinos function, discuss their advantages and disadvantages, the different coins used and much more. Read on to discover the exciting world of Crypto casinos.

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All Bitcoin Casinos have been rated based on the following criteria:

  • Gambling licenses
  • Speed of money withdrawal
  • Customer service & reliability
  • RTP percentage

Online Bitcoin casinos | Agustus 2023

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1. Emu

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5. Golden Tiger

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Bitcasino online casino review


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7. Casinopurple

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Cryptocurrency casinos for Beginners

If you are a complete beginner in the field of online casinos, Bitcoin betting sites and sports betting in general, this article will give you a basic introduction of both forms.

What are online casinos?

Online casinos offer gamblers a virtual platform where they can play games of chance from any conceivable location, as long as there is of course an internet connection available. Many of these online gambling websites have been around for over 20 years and offer an exciting experience with a large assortment of different casino games, including Bitcoin slots, blackjack , online roulette , poker games, bingo and much more.

In addition to the fact that online casinos are more convenient than their physical opponents, online casinos also provide additional benefits to the users, including high payouts and better odds. The best online gambling sites provide players with a good range of games from popular providers such as NetEnt, Microgaming and Playtech. These game providers offer games in the casino with many different features, for example 3D graphics and live dealer casinos with nerve-wracking games. Online gambling this is why it has been extremely popular since the first online casinos went online in the mid-90s.

Online casinos also offer other services, such as a live chat support if help is needed or in case of any ambiguities and questions. In addition, welcome bonuses and promotions are often present, with new players getting extra money to add to their bankroll or deposit bonuses.

What Are Bitcoin and Cryptocurrency?

A cryptocurrency is a digital currency without a physically present form, but can be stored in an electronic wallet and exchanged for goods or services. Cryptocurrency uses cryptography to secure and verify transactions so they cannot be forged.

Also, cryptocurrencies are unique in that they can make transactions without having to go through a bank or other institution. Users are enabled to hide their identity more easily as it cannot be easily traced by the technology. This is of course the case with other forms of payment methods.

Bitcoin was the first cryptocurrency and remains the most popular virtual currency. When most people think of the word cryptocurrency, they immediately think of Bitcoin. Bitcoin is created by so-called ‘mining’, where miners solve math puzzles, verify transactions and are rewarded in the form of Bitcoins. This process produces new coins that are added into circulation, while also preventing fake coins from entering public circulation by verifying each transaction with cryptography before it is added to a blockchain. A blockchain is a shared ledger. It consists of blocks that store all previous transactions and remember the information about the existence and history of the coin.

Bitcoin allows monetary transactions with minimal commission fees and is obtainable by anyone, as anyone can access the initial code and start a script for mining (or generating) the Bitcoin.

Worldwide, there are only 21 million Bitcoins available to be mined, so the value of each Bitcoin increases over time due to the coin's scarcity.

Since Bitcoin became the very first decentralized cryptocurrency in 2009, countless other cryptocurrencies have been created. These coins are often referred to as altcoins because they offer alternatives to Bitcoin's blockchain model. Popular cryptocurrencies include, for example, Bitcoin Cash, Ethereum, Litecoin, Monero, Dash and Ripple. These coins work the same way, but have different uses and functions. For example, faster transaction times.

Bitcoin is currently massively embraced by consumers and accepted by major multinationals worldwide. As a result, it can be easily used for buying and selling goods, services and raw materials, just like any other fiat currency. Bitcoin is also traded on bNZDzen and can be freely exchanged for other currencies.

What is a Crypto Casino?

Now that we have established what an online casino is and what cryptocurrency actually means, we are going to talk about Crypto casinos.

The traditional online casinos use fiat currency as their payment method. What is fiat currency? Each country has its own fiat currency. This is currency that is defined by the government as money that is legally allowed to be used in all transactions. Unlike commodity-based currencies, such as gold or silver, fiat money derives its value from the government's decision on the specific value of the currency in relation to the value of other currencies. whether you use British Pounds, US dollars or dollars to fund an online casino account, whether you arrange it via PayPal or a debit card, you always end up using fiat currency anyway.

Crypto Casino platforms function by using cryptocurrencies as their in-game currency, which means that they do not have to worry about the fact that third parties could possibly ask sensitive data, for example a credit card number or bank account information.

This has caused Crypto Casino websites to become immensely popular among people living under oppressive governments with strict gambling regulations. With cryptocurrency gambling, there is no way for government officials to see what they are gambling because it is all handled through smart contracts and blockchain technology.

All this makes Crypto casinos one of the safest ways to gamble online and has an advantage over traditional fiat casinos, as they are required to share the personal information of their users.

On the other hand, there are also some disadvantages to the crypto gambling sites, such as that it is not possible to deposit with fiat currency and that there is always a risk associated with digital currencies.

What are hybrid Bitcoin Casinos?

Chances are that if you have ever been in a online casino games has played, it has been a hybrid Bitcoin Casino. Basically, a hybrid casino is an online casino that offers Bitcoin or other cryptocurrencies as a payment option in addition to the typical banking methods. These types of online casinos will usually have the regular and usual methods of depositing and withdrawing, such as credit card, debit card, prepaid cards, Neteller, Paypal, Skrill, and so on, but also Bitcoin.

Advantages of hybrid Bitcoin Casinos

The advantages of hypbride crypto casinos are that you can choose from a very extensive range of payment options and that the online casinos are in all likelihood established platforms licensed from a reliable and reputable licensing jurisdiction.

Disadvantages of hybrid Bitcoin Casinos

Hybrid crypto casinos will only lack the anonymity of a crypto or Bitcoin casino. You will need to add your personal information and go through the established KYC requirements. KYC is short for Know Your Customer and it refers to a process that organizations undertake to verify the identity of their customers.

KYC is now widely used by all types of businesses, including online casinos as part of certain compliance obligations. Online casino sites will ask potential customers to provide their proof that they actually are who they say they are, by for example checking copies of passports or driver's licenses, proof of address, bills and utilities.

Which option you choose, hybrid or Bitcoin Casino, will of course depend on your personal circumstances and requirements.

bitcoin casino

What to consider before choosing to play at a Bitcoin Casino

With hundreds of options available to play casino games using cryptocurrency, there are several factors you'll want to consider before choosing a specific Bitcoin casino. Here's what you need to consider before choosing a reliable Bitcoin casino website.

Is a Bitcoin Casino provably fair?

Demonstrable honesty is an important feature to consider when choosing where to play crypto casino games. Fair means that the outcome of the game can be independently verified, thus ensuring fairness. The casinos cannot cheat, because all bets are made on the blockchain, which anyone can view at any time and find out the history of it. Honest bitcoin casinos offer a reliable and fair gambling experience. The core of blockchain technology is the use of cryptographic hashing algorithms to generate random numbers, which on their bNZDt dictate outcomes for online casino games such as jackpot slots and blackjack. The user can check whether these numbers are randomly generated. This means that the users do not have to resort to external verification services, since it is not possible to cheat the system without being discovered. The implications for fair gaming at casinos are significant - not only for users who want a reliable and fraud-free experience, but also for operators who naturally want to protect their business interests with complete transpazodiacy.

What Cryptocurrency payment options are available?

If you plan to fund your crypto account with Bitcoin, the payment options available should not be a problem. This is because virtually all good Bitcoin Casinos will have it as a payment method. Most casinos will allow you to deposit into the other well-known cryptocurrencies, the altcoins, for example Ethereum, Litecoin and Bitcoin Cash. If you want to pay with one of the lesser known altcoins, for example TRON (TRX), Tether (USDT), Cardano (ADA) or Ripple (XRP), you may be limited in the options to deposit and thus also limited in using the number of crypto casinos where you can play.

Does the Bitcoin Casino have a license?

A license is a legal permission whereby both the traditional online casinos and Bitcoin Casinos are verified by an independent institute; usually the government of the area where the casino operates. Bitcoin Casinos licensed by a reputable regulatory organization will adhere to strict guidelines and codes of conduct that ensure a fair and secure environment in terms of online gaming. However, even the best Bitcoin Casino sites usually have a Curaçao license. Of course, this is better than no license at all, however, it is a weak option compared to the more respected licenses such as those issued by the Malta Gaming Authority or the UK Gambling Commission. These licenses work with much higher standards.

Do they have a wide selection of Casino games from the best providers?

The full range of casino games available to you is, of course, important for multiple reasons. The most prominent reason is that the game assortment can make or break your experience. The following actually always applies: the more casino games there are available, the greater the chance of finding your favorite game. The best Bitcoin Casinos have thousands of the most popular casino games to choose from, whether you like to play slots, live table games, card games, live dealer games or video poker. You should also take a good look at which software provider created the game, it is best to look for Bitcoin casino games from the best software providers such as Betsoft, Microgaming and Playtech. This actually guaZodiacees a high quality, innovative game with only the best graphics.

How is the customer service?

It is important for users to look not only at the quality of the games, but also at the quality of the customer service when deciding where to play. Idealistically, a Bitcoin Casino has several customer service options available to answer your questions and handle any issues you encounter, including email, social media, and live chat. The best online casinos offer 24/7 live chat. You can always test their customer service by asking a question to determine how quickly they eventually respond and whether the question has been answered to your satisfaction.

How is the online reputation?

A quick search on Google should provide enough information to give you a good idea of the reputation of a Bitcoin Casino. You will mainly find information about a casino on for example review sites, forums, and in discussion groups such as Reddit. It probably won't be long before you know if it's a site you can trust with your Bitcoin.

What are the terms and Conditions?

Bitcoin casino bonuses are a fun way to receive extra money when playing on an online gambling site. They are received in the form of Free spins, cashback and other rewards. When deciding which bonus to choose (some casinos also offer a welcome bonus), it is essential to read the terms and conditions carefully before signing up for the online casino. There are many different types of bonuses that each have certain requirements to redeem them, such as wagering requirements or playthroughs. Wagering requirements are the amount of money that must be wagered on certain games before money can be withdrawn from your account. For example, if the welcome bonus is 1 BTC and the wagering requirement is 35x, then you would have to wager a total of 35 Bitcoin.
Basic strategy

Bitcoin Casino Bonuses

Online casinos, both fiat and Bitcoin casinos, offer generous welcome bonuses to entice new players and to encourage them to make use of the games. Online Bitcoin casinos use these bonuses because it is not always easy to attract people to their sites. This is mainly due to the fact that there are so many other competing casinos competing for the same target audience. To keep players coming back, they also offer additional ongoing bonuses and promotions, for example in the form of loyalty points and cashback bonuses.

A common welcome bonus package will include a deposit bonus and free spins. With a matched Deposit bonus, the Bitcoin Casino will match your deposit with a fixed amount that can go up to 200%. Free spins gives the opportunity to receive a predetermined number of free spins and use them in certain games. For example, a typical example of a welcome bonus is a first deposit bonus of 150% up to 2 BTC and 200 free spins. Many Bitcoin casinos offer further deposit bonuses after the First Deposit Bonus.

How to start at a Bitcoin Casino?

  • If you don't already own Bitcoin or other cryptocurrencies commonly used in crypto casinos, sign up with a cryptocurrency exchange where you can buy the currency of your forknzd.
  • If you have exchanged the fiat money for Bitcoin, it is best to keep it safely in a wallet. We'll discuss the different storage options later in this article.
  • Find a Bitcoin Casino that has a good reputation and is safe. Important considerations include whether the casino holds a license, whether it has secure SSL encryption, whether the casino has positive online reviews, and whether it offers demonstrably fair games.
  • Create an account at the Bitcoin Casino.
  • Deposit Bitcoins into your account and claim all the deposit bonuses you have been awarded.
  • Check out the game assortment to find the crypto games you would like to play and enjoy playing with your favorite games.
  • Have your winnings paid out when you're done.

How to deposit and withdraw money at Bitcoin Casinos

Depositing and withdrawing at a Bitcoin Casino is quick and easy

  • Once you have opened your Bitcoin casino account, you will find the cashier section.
  • Select the cryptocurrency you want to use as your deposit method and how much you want to transfer.
  • You will receive a unique address that you paste into your wallet.
  • Enter how much you want to deposit and confirm the transaction.
  • You should be able to see the deposit on your Bitcoin Casino account within minutes.

Withdrawing your winnings is even easier.

  • Go to the cashier section of the casino site and request a withdrawal and enter the amount you want to withdraw.
  • Give the casino the new address of your Bitcoin wallet and confirm it. Then you will soon see the Bitcoin appear in your wallet.
Benefits of Bitcoin Gambling-Infographic

The benefits of gambling with Bitcoin

Bitcoin gambling is simple, fun and safe. Unlike traditional online gambling sites, cryptocurrencies offer the very lowest transaction fees available on the market today. Many people make use of Bitcoin gambling sites because they are easier than traditional online casinos that use credit or debit cards. In addition, your identity remains anonymous, since no personal data is required when making bets in this format. You can also use Bitcoins from any country worldwide, no matter where you live.

Fast Transactions

Bitcoin Casinos allow faster transactions than other forms of sending money, because there is no need for an intermediary in this process. Bitcoin transactions don't actually take much precious time, but it can take a few minutes before they are confirmed by Bitcoin miners who add them to the blockchain. Once confirmed, it only takes a few seconds for payments to be processed and visible in your bitcoin wallet. The speed of transactions can vary and can slow down as volumes increase. Other cryptocurrencies such as Litecoin and Ethereum work even faster in terms of transactions than Bitcoin, but they are less secure compared to the first cryptocurrency.


The main advantage of using Bitcoin is its anonymity. You can bet without fear of being followed or monitored by authorities such as governments, because no data is kept of transactions with virtual currencies as is the case with credit cards or PayPal accounts. Bitcoin is not 100% anonymous, but it does offer more privacy than traditional forms of payment. The way Bitcoin works makes it immediately possible to know who owns a particular Bitcoin, unless he or she voluntarily discloses his or her address. The transaction can only be traced through the public record of all transactions, which can be tracked on the blockchain.


When you use your Bitcoin in an online casino, it is one of the safest payment methods for gambling. This is because there are no third parties involved and the transactions are peer-to-peer. This means that the casino will never have access to your credit card or bank account number. Bitcoin users have complete control over their assets, and the blockchain makes it nearly impossible for hackers or malware to steal Bitcoins from people by making purchases without permission. All Bitcoin transactions are locked and cannot be changed. Bitcoin has never been hacked, and the blockchain has a good track record of security.

Low cost

Bitcoin charges low transaction fees, especially since there are no middlemen who iron out part of the action, so to speak. By removing the middleman, Bitcoin can be transferred directly from one person to another without charging high transaction fees like most traditional banking systems. At Bitcoin casinos, there are never any additional costs associated with making payments in Bitcoin, unlike credit cards. There are often hidden costs and higher interest rates associated with their use.

The disadvantages of gambling with Bitcoin

The disadvantages of Bitcoin Casinos are mainly the lack of regulation, the volatility of the value of the Bitcoin itself (this can drastically change your profits after winning a big bet) and the technical complexity of dealing with this new form of money.


There is a famous Bitcoin joke that perfectly sums up the volatility of Bitcoin. A boy asked his father for 1 Bitcoin on his birthday. Father: What? $ 15.096,- . You know, $ 14,211 is a lot of money! What do you need $ 16,150 for? The value of the currency fluctuates due to market forces; in some cases, this volatility can be extremely extreme. The price of one Bitcoin can rise or fall by as much as 30% in one day. A tweet from a well-known person with a large reach, such as Elon Musk, can affect how it performs, depending on whether he made a positive or negative statement about the cryptocurrency. This volatility can make using your cryptocurrency in a Bitcoin casino riskier. For example, you might stop by the Bitcoin Casino after a night out, happy that you've made giant profits, but then wake up to see that the BTC you've won is worth 30% less in the morning. The reverse can of course also happen, the price can also always rise. Essentially, you are adding another and additional element of risk to online casino gambling through the use of cryptocurrency.


The fact that the Bitcoin is decentralized is why it is so attractive to many people. However, it is also one of the biggest disadvantages of this form of sports betting and gambling. It is not regulated by any central authority, so users have no way to get their money back if they suspect that a Bitcoin gambling site is operating under false terms. Bitcoin transactions are irreversible once they are sent. There is no way to get a Bitcoin back. This means that you have to make sure that every transaction is intentional before sending it out, otherwise you could end up losing a lot of money.

Technically challenging

Bitcoin can be a challenge for some users. The technology can be complicated for people who are not tech savvy, as it is sometimes difficult to understand and use at first. The world of Bictoin is full of new concepts that may seem very difficult for many users. Understanding Bitcoin wallets, working with public and private keys, blockchain technology: all this ‘trade language’ can confuse or scare beginners. For many online gamblers, sticking to the safe and tested payment methods makes for a less stressful and easier experience of the Bitcoin Casino.
online casino games

The most popular games to play at a Bitcoin Online Casino

You have plenty of choice when playing at Bitcoin Casino sites with thousands of crypto games at your fingertips, including live dealer games, slot games, poker games, dice games and much more. Here are some of the most popular casino games explained:

Bitcoin Blackjack

If you're looking for one of the best live table games to play in a Bitcoin Casino, Blackjack will be the clear leader. If you Black jack playing at Bitcoin gambling sites, you will win more often because it gives the greatest chance of winning of all online casino games. You will also find that it is the perfect combination of luck and skill. It's an easy game to learn, but by using the "perfect strategy", you can increase the chances for yourself.

The rules are simple. The player places his bet before being dealt two face-up cards by the dealer, who then gives one face-up card to himself. The player must decide whether he wants to hit more cards (by taking another card) or stay standing (by not taking another card). The goal of blackjack is to beat the dealer by getting as close to 21 as possible without going over that number.

Bitcoin Roulette

Bitcoin Roulette is one of the most popular online casino games where Bitcoin gamblers can bet their cryptocurrencies against the House. Bitcoin Roulette offers players the chance to enjoy fast-paced action, while at the same time also trying their luck to win big. Of course, this can also be done in a online live casino with real dealers .

Roulette is an entertaining game where players bet on which number will be next on a spinning roulette wheel. It is a game of pure luck and so it is very easy to start playing. Just click on the play button and select your bet. There are two types of bets in roulette: outside bet or inside bet. The outside bet has higher odds but lower payouts, while the inside bet has lower odds but higher payouts.

Bitcoin Poker

Bitcoin poker games are a popular option for many Bitcoin Casino players who want to start playing cards without leaving the comfort of their own homes. There are many different game providers that offer many different types of tables, for example Texas Hold'em Poker, Omaha Poker, Seven Card Stud Poker and Five Card Draw Poker. Using Bitcoin as their currency allows users to purchase anonymously from anywhere in the world. If you're looking for live casino games, you can't go wrong with poker!

Bitcoin slots

Bitcoin slot games, also known as Bitcoin pokies, slot machines or simply slots, are all about Chance. All you need to get started with slot games is currency in the form of crypto and Bitcoin and a gambling site of your choice. There are many different types of slots to choose from, so you are sure to find one that suits your taste. Many Bitcoin slots have great graphics and sound effects. Some are based on popular movies or tv shows, others on popular themes such as ancient Egypt or horror.

There are also video slot machines with bonus rounds where users can win extra money by completing specific tasks. These games provide more interaction than other casino games, because there are often mini-games and puzzles within the game itself.

Bitcoin Casino

Live dealer casino Games have similarities to typical online slot games, except that a real human dealer shuffles and deals the cards or spins the roulette wheel. instead of an algorithm like you sometimes see more often at online casinos. the live dealers make the whole experience more interactive, which means that players can follow the action in front of their eyes. Live dealer games allow players to enjoy playing in a live casino setting and feel more connected to the game.

The dealers are there to help answer any questions players may have and, in many cases, of course, they will also entertain them. Live casino games have a certain level of energy and degree of social interaction that can only be matched by the real casinos that we are used to from the past. Table and card games such as blackjack, baccarat and roulette, as well as poker, are the most popular betting choices available at Live Bitcoin Casinos. the best Bitcoin Casinos even offer a live chat option that allows you to interact with other players.

Unlike a traditional casino, using a Bitcoin Casino makes it hassle-free to be able to withdraw your winnings quickly.

Betting on sports

Betting this is a form of online gambling where sports results are predicted. The odds for each outcome are determined by bookmakers and can vary from match to match. A bet can be as simple as choosing the winner or loser for a team in a match or, for example, betting on the total number of goals scored by both teams together. Sports bookmakers offer bets on all kinds of different matches, so you can bet on almost any sport or sporting event, from Premier League football matches to rugby and tennis.

Many sportsbooks now also accept Bitcoin deposits. If you want to bet Bitcoin on your favorite football team, you can choose from a large number of crypto sports betting sites.

The Most Popular Coins to Use at Crypto Casinos-Infographic

The most popular coins to use in Crypto casinos

In the online gambling world, there are many coins that people can use to play slot games and other crypto casino games online. Bitcoin is by far the most popular coin used for crypto gambling. It has low transaction fees and it is easy to buy or sell Bitcoin with fiat currency on an exchange like Coinbase.

Ethereum is another popular cryptocurrency, as it is Cheaper Than Bitcoin and more scalable, which means that the transactions can be processed faster. Litecoin is also a good alternative because of its very low transaction fees.

The altcoin market is constantly evolving, with new cryptocurrencies constantly appearing and others getting in and out of the picture. The five we have listed below have a good track record and you will find these coins at many online casinos.


Bitcoin is the most popular cryptocurrency you will find in an online crypto casino. It will be very difficult to find an online crypto casino that does not accept Bitcoin. Bitcoin was created by an anonymous person or group of people under the name Satoshi Nakamoto and was eventually released as open-source software in 2009. Unlike fiat currency (which is backed by governments), Bitcoin has no central authority or organization behind it. Instead, Bitcoin relies on a peer-to-peer network to process transactions and create new Bitcoins.

It is also called “digital gold”, and while many people use it as an investment and/or trading tool, others use it to play and win real money casino games on crypto casino sites.


Bitcoin Cash

Bitcoin Cash was created in August 2017 after a hard fork of the original Bitcoin protocol. It was created as a result of disagreement among members of the Bitcoin community on how best to scale Bitcoin. Initially, it was called Bitcoin ABC; the name was later changed to Bitcoin Cash.

Bitcoin Cash has many similarities to Bitcoin Core (BTC), but Bitcoin Cash focuses on larger block sizes and faster transactions. Bitcoin Cash is also still decentralized, as it is not owned by any company. Instead, it is controlled by the users. This means that no person or group can control this coin.

Bitcoin Cash does not have the more pronounced widespread adoption that Bitcoin has, but it can be found in most Bitcoin gambling sites and casino websites that are good. Gamblers love it because of its low cost and fast transaction speed.



Ethereum is a platform that runs on blockchain technology. Ethereum has made it possible to create smart contracts and decentralized applications (DApps). It was designed by Vitalik Buterin and launched in July 2015. Ethereum has become the second most popular cryptocurrency after Bitcoin over the years.

The popularity of this relatively new type of digital currency is due to its purpose as an all-purpose blockchain solution for any programmable agreement or contract. It is not just limited to financial transactions as is the case with Bitcoin.

The Ether (ETH) coin is used as the main token for transactions on the Ethereum network. As the second most popular cryptocurrency after Bitcoin, it is therefore also widely available to buy and trade and, of course, use in Crypto casinos. because it runs on blockchain technology, it is also very secure and offers faster transactions. Especially when you compare it to the transaction speed of Bitcoin.



Litecoin is a peer-to-peer cryptocurrency created in 2011 by former Google engineer Charlie Lee . Litecoin is described as silver with the Big Brother being the gold of Bitcoin. It is called Litecoin, because it uses an algorithm that makes mining faster and more efficient than Bitcoin. Litecoin is designed to produce four times as many coins as Bitcoin, with 84 million coins that can be mined in total.

Litecoins are one of the most used coins in a Bitcoin Casino because of their high transaction speed and low cost.



Dogecoin (DOGE) is a cryptocurrency created in december 2013 by Billy Markus and Captain Jackon Palmer. They never expected that this coin would be so in demand. It has since exploded in popularity with the well-known Doge memes. In addition, it also offers a more serious side to the cryptocurrency world.

One of the important differences between Dogecoin and Bitcoin is that it has billions of coins in circulation without a cap. With its low transaction fees, fast transactions, and other features, it has outlived many other altcoins that have fallen out of the picture over the years.

Dogecoin has become one of the favorite coins to bet with on the internet; you can find it at most casinos. with its low cost, fast transactions and fun memes, it's great for crypto gambling.

bitcoin security

Understand and stay safe with cryptocurrencies

No matter which bitcoin casino or crypto casino sites you visit, there is no denying that cryptocurrency can be a tricky topic to learn about. But if you understand the basics, such as where to safely buy and store your Bitcoin, you can get involved in this exciting new currency. You will find that the more time you spend with it and invest in knowledge, the more you will eventually find out.

The Blockchain

The blockchain is a distributed technology (which you can think of as a large "registry book") that provides a way to create and share records of ownership and transactions. Blockchain technology can be used for anything where there is a need for verification or validation without relying on trust between certain parties. No user can change his or her data on the blockchain without having access to a computer on the network, so that makes it very secure.

A block consists of three components of data, a timestamp, and the hash (also called code) of the previous block. The data stored in each block can be anything, such as transactions or contracts. Once computers on the network have verified a transaction, it is added to the next available space on this chain, creating an unbroken sequence until you reach the genesis block; the first block ever created. This means that any change in one record would require changes in all other records and cannot go unrecognized.

The blockchain was first developed for Bitcoin, but now there are many potential uses outside of currency, including capturing votes, keeping medical records, protecting autnzds rights, keeping track of property rights, and much more. These are examples that are based on this technology and therefore also descended from it. This revolutionary technology is changing the way we do business in real life forever with peer-to-peer networking and increasingly smart contracts.

Where can you buy or sell Bitcoin?

The most popular methods to buy Bitcoin are on exchanges like Coinbase,, Binance and Coinmama. These exchanges allow you to exchange your own currency for Bitcoin and other cryptocurrencies. The users have access to multiple payment methods such as bank transfers, credit card payments and PIN payments. The sites also provide more security because they use two-factor authentication (2FA).

Coinbase is one of the most popular crypto exchanges because of its ease of use and security measures., which has been operating since 2013, is another good option, offering an advanced trading platform for those who are interested in more than just basic cryptocurrency transactions and want more in the field of trading.

Private and public key

A private key and a public key are created the moment you start using the Bitcoin for the first time. The private key allows someone to spend Bitcoins from that specific address, while the public key can only recognize where they come from. You can see the public key as your account number, which you give to people so they can send you Bitcoin. The private key is basically like a password: it's something that only you know, and it allows you to spend your account's coins. It also has a protective effect against fraud. If someone sends Bitcoin to your account, they can't get it out without knowing the specific number.

Your Bitcoin private key is one of the most important things you need to protect. You can actually compare it to the PIN code of your bank account. You can lose physical wallets and request new cards, but in the case of cryptocurrency, you won't get your Bitcoin private key back if you lose it. You can take steps before this happens to prevent it if possible. For example, always make sure you back up your wallet's recovery phrase and keep it somewhere, for example in the form of an encrypted flash drive

Cryptocurrency Wallets

A cryptocurrency wallet is a digital wallet used to store, send and receive cryptocurrencies. There are two different types of Bitcoin wallets: hot wallets and cold storage. Hot wallets are used when connected to an internet connection, while cold storage requires some form of hardware or some form of paper wallet to function offline.

Hot Wallets

A hot wallet is a certain type of digital currency wallet that stores your private key on a device connected to the internet. The term hot refers to the fact that these wallets are usually stored online and not stored offline to make it easier to access your digital currency.

Hot wallets often have features such as two-factor authentication, which provide additional protection against hackers. Because hot wallets are connected to an internet connection, they are best used for daily spending. This is different with long-term storage, as they could be hacked.

Cold Storage

One of the most popular types of wallets for cold storage are so-called hardware wallets. They look like a normal USB flash drive with a chip inside. They are often seen as more secure than traditional wallets (e.g. hot wallets), as they provide an extra layer of security by storing private keys offline. Hardware wallets are designed not to be affected by computer viruses that target software wallets and ensure that funds are safe, even if the computer has to deal with malware or spyware. There are many different types of hardware wallets on the market from companies like Trezor and Ledger Nano S that are very well tested by third-party labs and independent cybersecurity experts to ensure that the devices have good security.

The other type of cold storage is a paper wallet. Paper wallets work by printing out your public and private keys on paper. Many people use paper wallets, as they provide security and convenience, in addition to being cost-effective. Paper wallets can be created on various sites on the internet, and no specific knowledge is required to properly use them. The main disadvantage is that a paper wallet can be prone to physical damage, such as fire, water damage, and so on.

So the most important thing is to keep some cryptocurrency for everyday use, such as crypto gambling online and for easy access. For the other part of the cryptocurrency, it is recommended to securely store it offline on a device such as The Ledger Nano S.

A brief history of crypto casinos

We should actually start at the very beginning, when in 2009 Bitcoin was introduced to the world by the anonymous and elusive person or group of persons named Satoshi Nakamoto. The very first Bitcoin was mined on January 3, 2009. A historic day.

The first Bitcoin poker site was which was launched in 2011 by a company called SealsWithClubs. The site's founder, Bryan Micon, wanted to create an online poker platform that users could regulate themselves. He wanted to harness the power of cryptography and peer-to-peer networking to offer “a competitive game for people with similar interests.” The site didn't last long, but it became an inspiration for every Bitcoin poker site and Bitcoin casino that is now doing well in the online world.

A year later, in 2012, Satoshi Dice was founded by Erik Voorhees. The site made history when it became the first Bitcoin company to be acquired for a whopping 126,315 BTC. At the time, that was equivalent to about 11 million dollars, this was in the year 2013. Satoshi Dice still exists and is a reliable and fair Bitcoin dice game.

The first Bitcoin casino with a license was, which was approved in 2014 by the Curaçao Gambling Licensing Authority. Since then, hundreds of other Bitcoin casinos have joined the ranks and many large online casinos have started accepting Bitcoin in addition to normal payment methods.

Frequently asked questions about Bitcoin Casinos

Is it safe to gamble with Bitcoin?

The answer to this question is not a simple yes or no answer. Yes it is safe to play at bitcoin casinos but there are certainly some risks associated with using cryptocurrency. Bitcoin is a relatively more secure payment method than others because it uses encryption and is completely anonymous.

However, if you lose your private key, you will no longer have access to your bitcoins and they will be lost forever. Also, you should keep in mind that Bitcoin transactions do not provide purchase protection. Unlike a Mastercard or Visa payment, you can't count on help if something goes wrong with your payment.

Is it legal to play on Bitcoin casino websites?

Gambling on Bitcoin Casinos is legal in most countries. However, there are countries that prohibit it and where it is not legal. Some countries have even gone so far as to prosecute players. The best bitcoin casinos always indicate in their terms and conditions in which countries restrictions apply. GEO blocking is also used, which means that it is not possible to access the bitcoin casino website.

What casino games can I play at Bitcoin Casinos?

There are plenty of casino games that you can enjoy on a BTC casino website. The most commonly offered games are poker, roulette, slots and blackjack. You can find a wide range of games such as baccarat and craps if you look specifically for them. Some players prefer video poker, while others have a weakness for online slots because they pay out quickly without having to put in too much effort. Whatever casino games you prefer, there is plenty of choice on Bitcoin Casinos

Can I pay with another payment method and have my winnings paid out in Bitcoin?

Unfortunately not. If you play at a Bitcoin Casino that accepts both dollar s and Bitcoin as a payment method, and you use, for example, a credit card to make your deposit, it is unfortunately not possible to have your winnings paid out in Bitcoin.

Where can I buy Bitcoin and other cryptocurrencies?

The most popular option for buying Bitcoin is Coinbase, an incredibly user-friendly crypto exchange. Other options are Binance, Bitvavo and for example Coinmama. Once you have registered on an exchange, it is a matter of minutes before you have exchanged your dollars into Bitcoin.

How Does Bitcoin compare to other payment methods?

There are many advantages to using this payment method, such as security and anonymity, efficiency because the payments are much faster than with traditional methods, in addition, you also save on transaction costs. But there are also disadvantages, such as the highly fluctuating prices of Bitcoin and the lack of a central regulator means that you have nowhere to go if something goes wrong.

Does a cryptocurrency qualify as Real Money?

The answer is yes. Cryptocurrencies can be exchanged for fiat money.

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Rated 5 out of 5

Long at home in BTC, if you want to take a little gamble sometimes I personally recommend trying it on Bitztars, otherwise a very informative page!



Photo Author Peter

Ferry to Groot


Ferry specializes in writing i-gaming related content, with his masters degree in communication he knows exactly how to hit and entertain his audience.