Bitcoin

If you want to make payments in a casino as anonymously as possible, then Bitcoin is the perfect option. At the moment, you don’t have to look for reliable online casinos that offer Bitcoin deposits, because we have done it for you and collected the best Bitcoin casinos online.

The Gamblyx.info website only reviews reliable and verified casinos by our editors, and payments via Bitcoin and other payment methods are safe there.

How to use Bitcoin at online casinos?

Canadian Bitcoin casinos accept both Bitcoin and traditional payment methods, such as credit cards and e-wallets. Paying with Bitcoin is especially beneficial for those who already use cryptocurrency.

To make a deposit, you will need a cryptocurrency wallet, from which you will transfer Bitcoin to the specified casino address. This address is a long combination of letters and numbers, unlike regular IBAN accounts.

It can take up to two hours for Bitcoin to be credited, but is usually much faster, up to a few minutes. The transfer requires a certain number of confirmations from miners, usually six, but sometimes one is enough.

Withdrawals can be faster than traditional methods, especially if the casino uses automated Bitcoin transfers. In this case, the money can arrive in a maximum of a couple of hours.

Using Bitcoin at a casino provides greater anonymity, since banks do not track transactions. This can be an advantage for those who do not want their gaming activity to be reflected in their bank account. There is even a whole area of anonymous casinos without verification in the world, where cryptocurrencies such as Bitcoin, Monero, Ripple and others play a special role.

Are there any service fees when paying with Bitcoin in casinos?

When depositing or withdrawing using Bitcoin, there is usually a small mining fee. Your Bitcoin wallet may also charge a service fee. The amount and availability of this fee depends on your crypto wallet.

How to make payments at a casino using Bitcoin?

• First, you need to open a Bitcoin wallet on a crypto site.
• Then you need to buy Bitcoin.
• Next, find a casino in our rating that accepts Bitcoin as a payment method (on this page, all casinos accept Bitcoin as a deposit method ).
• Follow the casino’s instructions and make a deposit in Bitcoin.
• Next, use the money for its intended purpose.
• Withdraw your winnings using the instructions on the casino’s website.
• Convert Bitcoin back to Euro and transfer it to your bank account.

Unlike most other payment methods, where you always have to withdraw money to the same account from which you made the payment, with Bitcoin DO NOT TRANSFER MONEY TO THE SAME ADDRESS from which you made the payment. Be sure to check the Bitcoin wallet address in your crypto wallet in advance.

Solutions to the most common Bitcoin payment problems

According to various news outlets, the biggest problem with using Bitcoin in online casinos is that people who are not very familiar with cryptocurrencies try to pay with it at the casino. This is where the main problems arise.

We recommend using Bitcoin in a casino only if you are already familiar with this currency. In this case, you should generally not have any problems.

However, we could also highlight some problems that can arise when using Bitcoin, as well as many other payment methods.

• I can’t withdraw my winnings…
  The reason is most likely that you received a bonus from the casino and have not yet met the wagering requirements for the bonus.
• Bitcoin is anonymous, why do I still need to send my passport to the casino?
  Bitcoin payments are anonymous. However, the casino is still required to verify your identity in accordance with Estonian law, and for this you need to go through the KYC (Know Your Customer) procedure. This is provided by law and is usually not the initiative of the casino itself.

Pros and cons of using bitcoin casinos

Each user decides for himself which deposit method to use. We only show the personal point of view of the editors of the gamblyx.info website.

Pros

• Bitcoin is safe.
• Fast crediting of funds.
• Bitcoin is anonymous.

Cons

• Payments include a small commission for the transfer of cryptocurrency.
• Bitcoins can be used to pay in very few casinos.
• The value of bitcoin fluctuates greatly.
• Due to network loads, payments may take longer than the user expects