However, more and more casinos now choose to exchange your Bitcoins into casino credits, so for example if you deposit one Bitcoin into those sites you will then be credited with 100 or 1000 casino credits which you then use those credits to stake each game. Some casinos will let you playing in the Bitcoin currency and as such you will fund your account and then be able to play their range of games by using fractions of Bitcoins as the stake amount you play each game for. You need to open up a Bitcoin Wallet which is a way of storing your Bitcoins on your computer or mobile and your Bitcoins then reside securely on your device. No Player Restrictions – It does not matter where you live in the world you are going to be able to open up and start to use a casino account at any Bitcoin accepting casino site. As soon as you have downloaded a Bitcoin Wallet onto your mobile device or computer then you can start to buy them and use them at any online casino, and to send them to any casino site you simply log into the casino, access the banking interface, select the Bitcoin option and then follow the onscreen instructions.
If you have been experiencing problems finding a casino banking option that is both reliable and will allow you to deposit funds into an online casino based on where it is you live in the world, or you want to play completely anonymously then you should seriously consider using Bitcoin. So for example if you are a US based player you will have no problems what so ever being able to play casino games online when using Bitcoin as your account funding option. This will ensure your Bitcoins are always sent back to you once cashed out, and you will always have access to them via your Bitcoin Wallet. This will ensure you are never going to have to wait days, weeks or months to get paid your winnings as is often the case at some online casinos. As withdrawing funds from a Bitcoin casino site is more or less an instant procedure, we would suggest you keep your account balances at those casinos to a minimum by always cashing out once you have ended any one playing session.
This can often slow down and drag out your first withdrawals at those other sites. Below we have listed the many different benefits of using Bitcoins to both make deposits into your casino accounts and also as a way to get paid any and all winnings you choose to cash out from your chosen online casino site that accepts Bitcoin. With more and more casino game players looking for reliable, and more importantly completely safe and secure ways to deposit funds into their online casino accounts, we have seen many casinos starting to accept the new digital currency that is Bitcoin. Instant Transfers – Your deposit and withdrawals are going to be processed more or less instantly when making a deposit or withdrawing winnings from a Bitcoin accepting online casino site. BetCoin Casino Review – You are going to get access to not one but three sign up bonuses when you become a new player of the BetCoin Casino site. Bit Casino Review – You are going to be able to double your initial deposit when you become a new player at the mBit Casino site.
You can deposit as much as one whole Bitcoin and get it matched with free casino credits. Once you wish to make a withdrawal your casino credits are then converted back into Bitcoin at the casino credit versus Bitcoin exchange rate the casino gave you when funding your account, and those Bitcoins then get sent back to your Bitcoin Wallet. The entire process from buying Bitcoins, having them sent to your Bitcoin Wallet and then spending them online is completely anonymous, which means that if you are a player living in countries where you are not usually permitted to play online casino games for real money then you are now able to gamble online using Bitcoin as your banking option at any of the online casinos we have listed and reviewed above. Being a completely virtual currency you will not have to hold physical stocks of Bitcoins as you would with hard currency, they simply reside in your Bitcoin Wallet. Bitcoin Bonuses – Much like when you play at any online casino site, if you choose to play at one that accepts Bitcoin you will be awarded with bonuses and casino comps both as a new player and as an existing player at those sites.