Recommended Bitcoin Casinos
The gambling industry is constantly introducing new things, including the latest games, features, and payment methods. Currently, Bitcoin online casinos are gaining significant popularity. Some online casinos accept Bitcoin as one of the various payment methods, while others exclusively support Bitcoin.
Looking at the long term, we are confident that Bitcoin is secure, fast, and does not involve financial institutions like banks, which can make the gambling process simpler. Now, let’s move on to introducing online Bitcoin casinos and cryptocurrency casinos.
| Bitcoin Casino | Minimum Deposit | Bonus |
| Bitcasino.io | 0.0005 BTC | 20% Cashback |
| mBit | 0.00035 BTC | 1 BTC |
| BitStarz | ¥2,000 | ¥10,000/1 BTC + 180FS |
| 7bitCasino | 0.0005 BTC | 1.5 BTC + 100FS |
| Casino Days | $12 | $1,000 +350FS + $10 No Deposit |
Bitcoin Online Casino List
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- Table of Contents
What is Bitcoin? How Does Bitcoin Work?
Bitcoin is a cryptocurrency, meaning it is an electronic currency. By using virtual money, there is no need to pay bank interest, and the payment process is hassle-free. The value of Bitcoin is determined by “miners,” who are people that create Bitcoin through computers and mathematics. Bitcoin can be used for various payments, purchased in online stores, and deposited in the best Bitcoin-friendly online casino sites.
How Do You Create a Bitcoin Account?
Although Bitcoin may seem complex at first, creating an account and starting Bitcoin gambling is very simple. The first step is to create an online wallet to store your Bitcoin. There are several types of Bitcoin, and their differences are explained on bitcoin.org. You can also create a wallet on their site. Once you’ve created the wallet, you must deposit funds into it. You can receive Bitcoin directly from other users, pay it to online merchants, or exchange it at a bank. The final step is to find a trustworthy Bitcoin online casino and make your first deposit using Bitcoin.
What Are the Advantages of Using Bitcoin?
| King Billy Casino | Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Tether Deposits and Withdrawals |
| FortuneJack Casino | Bitcoin, Litecoin, Ethereum, Dogecoin, and more Deposits and Withdrawals |
| BitStars Casino | Bitcoin, Litecoin, Ethereum, Dogecoin, Tether Deposits and Withdrawals |
| mBitCasino | Bitcoin, Litecoin, Ethereum Deposits and Withdrawals |
| Live Casino.io | Bitcoin, Cardano, Ethereum, Litecoin, Ripple, Tether, TRON Deposits and Withdrawals |
- Bitcoin is completely secure. If you store your wallet in a trusted cloud service or a safe place like your own hard drive, it won’t be hacked or stolen;
- There are no fees because the payment process doesn’t go through banks;
- If you use Bitcoin as a deposit method on a gambling site, the house edge is slightly lower. This may not make much of a difference if you only play once a year, but it’s beneficial for players who play regularly.
Bitcoin is not yet widely used in gambling, but this is not because Bitcoin is bad. There are several advantages to using cryptocurrency:
What Are the Advantages and Disadvantages of Using Bitcoin?
Bitcoin, like other payment methods, has important advantages, but there are also some significant disadvantages. Below is a quick summary of the pros and cons.
Main Advantages:
- The ability to send money directly between individuals. This means that Bitcoin transactions do not involve banks or other third-party institutions. You don’t need to pay bank fees.
- Transactions are possible at any time. Bitcoin can be traded 24/7, including weekends and holidays.
- Transaction fees are very low. Since banks are not involved, there are no extra fees, and transactions can be made at a very low cost.
- No personal information is leaked during transactions. Since transactions occur directly between individuals, there is no need to share personal information with third parties. In other words, transactions are anonymous.
- The ability to make transactions even with small amounts. Bitcoin exchanges and sales platforms typically allow transactions starting from 0.0001 BTC. In Japanese yen, you can send as little as about 100 yen.
Main Disadvantages:
- The possibility of large price fluctuations. Bitcoin has a speculative aspect, so its value can change significantly. This means that while you can make considerable profits if the value goes up, the risk of a sharp drop in price is also very high.
- Regulation by law in certain countries. For example, in countries like South Korea and China, Bitcoin, along with other cryptocurrencies, is completely banned due to concerns about crime. Fortunately, cryptocurrencies are legally recognized in Japan, so using them is safe here.
- No chargebacks are possible. With MasterCard or VISA, if there is an unauthorized transaction, you can reverse the payment and return the money to your account. However, with Bitcoin, once a transaction is approved, it cannot be canceled. Therefore, chargebacks are not possible.
- Transactions can take time. You cannot make instant payments with Bitcoin in stores or supermarkets.
- There are still few places that accept Bitcoin. Since Bitcoin doesn’t allow instant payments, it is less popular than credit or debit cards. Therefore, there are still limited places where you can use it. However, as cryptocurrencies become more widespread, it’s expected that the number of places where you can use Bitcoin will gradually increase.
How to Deposit with Bitcoin?
Depositing with Bitcoin is usually as simple as using a credit card or e-wallet. The first step, of course, is to create a Bitcoin wallet. Once that is done, choose Bitcoin as the payment method at your preferred Bitcoin online casino (alternatively, it’s recommended to first read the top casino reviews on our site). Then, you simply enter the amount you wish to deposit along with the Bitcoin address, which is a combination of numbers and letters used to verify your account.
How to Withdraw Bitcoin?
Once you win a prize in Bitcoin, follow the same procedure as described earlier to withdraw your Bitcoin. After filling in the amount you want to withdraw and the Bitcoin address, your prize will be sent to your Bitcoin wallet.
Other Cryptocurrencies Available for Casino Deposits and Withdrawals
Cryptocurrencies are becoming increasingly popular in today’s world.
In addition to Bitcoin, which is one of the oldest cryptocurrencies, there are various other cryptocurrencies available. But which ones are accepted for deposits and withdrawals in casinos?
Currently, in addition to Bitcoin, Ethereum, Litecoin, and Ripple are used in casinos.
Let’s explore what makes these cryptocurrencies popular and why they are gaining traction in online casinos.
You can find out which cryptocurrencies are supported by online casinos in the table below, which lists cryptocurrency online casinos.
Recommended Online Casinos Cryptocurrency Options
| Cryptocurrency | Features | Supported Casinos |
| Ethereum｜Ethereum | ■ Use of smart contracts Unlike blockchain, it has the ability to automatically execute and store agreements made during transactions. ■ Block generation time is just 15 seconds ■ No cap on the total supply | Live Casino House, mBit, King Billy, Casino Days |
| Litecoin｜Litecoin | ■ The total supply cap is 84 million ■ Transaction fee is ¥10 ■ Transaction approval time is 2.5 minutes | Pinnacle, 1xbet, QueenCasino, Baocasino |
| Ripple｜Ripple | ■ Transfer time is only 4 seconds ■ Surprisingly low transaction fee, about ¥0.045 ■ The approval of transactions is determined by Ripple Labs, the issuing company | 1xSlots, Lucky Days, KaKeYo, Betwinner |
Bitcoin Casino Q&A
- What is cryptocurrency in the first place?
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Cryptocurrency (in English: cryptocurrency) is a virtual currency used for payments on the internet, which uses cryptographic technology to secure transactions.
The first cryptocurrency to appear was Bitcoin.
By the way, Bitcoin and other cryptocurrencies are officially recognized by the Japanese government under the Payment Services Act (Article 2, Paragraph 5), so the government officially acknowledges the existence of cryptocurrency.
- What is the transfer time for Bitcoin?
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The transfer time for Bitcoin is usually around 10 minutes, but in reality, it can vary depending on the transfer amount, time of day, fees, and exchanges.
In other words, Bitcoin transfer times can range from 10 minutes to several hours, so it’s advisable to be aware of this. However, there may be instances where the transfer time is faster than 10 minutes.
Note: By increasing the transaction fee, you can prioritize the approval process at the exchange used, which can significantly reduce the transfer time.
- What is the approval time for a Bitcoin wallet?
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Typically, in order to complete a transaction, the amount being transferred must be verified. It takes about 10 minutes for one Bitcoin to be mined and form a single block.
Additionally, transaction approval may take up to 6 confirmations depending on the exchange, so it can take a considerable amount of time.
Ways to speed up the approval time:
- Pay a higher transaction fee
- Send the transfer during times with fewer transactions
- Use another cryptocurrency like Ripple for transfer (for example, Ripple’s approval time is about 4 seconds)
- What is a Bitcoin address?
- Simply put, a Bitcoin address is the Bitcoin account number. A Bitcoin address consists of a combination of 27–34 alphanumeric characters starting with either 1 or 3.
- What types of Bitcoin are there?
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As the number of Bitcoin users grew, there was an issue with longer transaction times. To solve this issue, the Bitcoin block size was expanded, leading to the creation of a new cryptocurrency called “Bitcoin Cash” from Bitcoin.
Other altcoins that split from Bitcoin include Bitcoin Gold, Bitcoin Diamond, and others.
However, these are not the same as Bitcoin. They are separate types of cryptocurrency.
- Are there exchange fees for Bitcoin?
- Banks are not included in the Bitcoin system, so no fees are paid to banks. However, some casinos may add fees occasionally, so it’s a good idea to check the terms and conditions of the Bitcoin casino before making a deposit. Generally, fees are not too high and are cheaper than other deposit methods.
- Can you really bet Bitcoin at online casinos?
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Yes, it’s true. Some countries have already legally recognized Bitcoin online casinos.
Unfortunately, not all casinos accept Bitcoin, but since Bitcoin is gaining popularity, we expect that many well-known online casinos will accept it. Japan is one of the countries where you can enjoy online casinos using Bitcoin.
- Is Bitcoin safe?
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As long as you carefully manage Bitcoin, it is completely safe. Bitcoin is stored in virtual wallets, and you can keep your wallet in online cloud services or on your own computer or flash drives.
However, if you lose your flash drive, you will also lose your Bitcoin. Therefore, unless there is an exceptional situation, it is recommended to back it up.
- What is the house edge with Bitcoin?
- Most Bitcoin casinos have a house edge of around 1.5-2%, which is slightly lower than the usual house edge.
- Are there Bitcoin casino bonuses?
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Yes, there are. For example, Bitcasino offers two types of welcome deposit bonuses: one in Japanese yen and another with a maximum of mB80.
BitStarz, mBit Casino, and Vave Casino also offer Bitcoin bonuses.
Interestingly, many cryptocurrency casinos offer comp points bonuses instead of a welcome bonus. This means that once you start playing at the casino, you can earn comp points regardless of the outcome of your games.
- Can I use Bitcoin for gambling in Japan?
- Bitcoin can be freely used in Japan. The online casino situation in Japan is still not entirely stable, but since Bitcoin is legally recognized as a payment method, the information above should be helpful for those who wish to enjoy online casinos with Bitcoin.
