Buying Cryptocurrencies to play casino games can be a little intimidating to the uninitiated. However, it is not that difficult once you understand a few basic principles. Once you make your first purchase and deposit at an online casino, future transactions are fast and easy. The process is much easier when you use the right exchange to facilitate the process of buying, storing, sending, and selling your digital currencies. This is why Binance has become the exchange most favored by gamblers.
Benefits of Bitcoin and Altcoin Casinos
It is reasonable to ask – Why play online casino games with cryptocurrency when using fiat currency is easy and much less hassle? Playing online casino games has become an increasingly popular option for many experienced gamblers in recent years because it offers several significant benefits. Here are the most common reasons:
Bigger Casino bonuses and Promotions
Bitcoin casinos offer the biggest and best bonuses and promotions available on the internet, some as high as 5-6 BTC for a welcome bonus. These offers are far higher than anything you will find at a standard casino at current BTC conversion rates.
Greater Privacy and Account Security
Cryptos offer greater privacy and account security. Players do not need to provide casinos with bank account details that untrustworthy operators can exploit. Options like Dash and Monero also offer enhanced security features to safeguard your privacy.
Fast and Safe Transactions
Cryptocurrency transactions are fast and safe, taking a few minutes to transfer from one online wallet to another, at most.
Higher transaction Limits
Lower minimum and higher maximum deposits are possible with cryptos, making them a better option for high rollers and anyone who wants to make micro-deposits initially.
Best Bitcoin Casinos List for 2024
Here is a list of the most highly rated bitcoin casinos available to players in your country:
- Large game library
- Sports + esports betting
- Crypto-friendly
#ad. 18+. Gamble Responsibly. Begambleaware.org. Maximum withdrawal limit from Welcome Offer Pack cash bonus: $1,500 All bonuses provided include a default betting limit of $5 for each wager made during the wagering requirement period, unless specified differently. Please be aware that bets exceeding the $5 limit will not count towards the rollover process. This restriction applies to bets that are doubled after a game round finishes as well as to any bonus buy rounds available within the game. Maximum Welcome Offer Pack amount that you can receive is $300 for the first/second/third/fourth/fifth bonus if your deposits exceed $300. Full T&Cs apply
- Huge Games
- Generous Bonus
- Surprise Cash Prizes Rewards
#ad. 18+. Gamble Responsibly. Begambleaware.org. Offer available only to new players without prior deposits. Welcome bonus credited instantly after a qualifying deposit. €5 maximum bet per spin while using an active bonus. Bonus must be wagered 35x to convert to withdrawable funds. Full T&Cs apply
- Live Dealers
- Multiple support & Assistance available
- Support more than 60 cryptocurrencies
#ad. 18+. Gamble Responsibly. Begambleaware.org. 1st deposit up to 120% + 100 free spins If you complete the first recharge within 7 minutes, you will get 120%, and 100% after more than 7 minutes.
- 100% Anonymous
- Powered by Bitcoin.com
- Trustworthy
#ad. 18+. Gamble Responsibly. Begambleaware.org. Welcome! Enjoy flat cashback as a part of our Welcome Offer by making your first deposit. Deposit at least $50 to get 15% cashback on all slot games you play for the next 14 days! Current rate for $50 = 0.003 BTC = 0.5 BCH Welcome! Enjoy flat cashback as a part of our VIP Offer by making your first deposit. Deposit at least $2,000 to get 25% cashback on all slot games you play for the next 14 days! Current rate for $2,000 = 0.1201 BTC = 19.001 BCH
- 💰 100% Welcome Bonus
- 🏆 Integrated Tournament Staking
- 🎉 Progressive Hand Jackpots
#ad. 18+. Gamble Responsibly. Begambleaware.org. Deposit $20 or more and choose between these two amazing Welcome Bonuses: Up to $100 in free tickets & Cash Game Dollars (C$) A 100% matched bonus to a maximum of $600 Full T&Cs apply
- Licensed by Curacao eGaming
- Accepts lots of cryptocurrencies
- Great promotions and bonuses
#ad. 18+. Gamble Responsibly. Begambleaware.org. This promotion is valid for your first deposit after creating a membership. You can take advantage of a 100% welcome bonus on your first deposit. The maximum bonus amount that can be obtained from this promotion is a total of $1,000. In order to request a withdrawal, the bonus amount received must be wagered 50 times, and the principal amount must be wagered at least once. For the Live Casino, this can only be applied to the roulette game. Full T&Cs apply
- Legal & legit - UKGC & MGA license
- Weekly bonuses and cashback
- Frequent slot tournaments
#ad. 18+. Gamble Responsibly. Begambleaware.org. 1st deposit offer: 100% up to £100 + 20 free spins Book of Dead New Players Only. Wager from real balance first. 50X wager the bonus. Contribution varies per game. selected games only. Wager calculated on bonus bets only. Bonus valid 30 days / Free spins valid 7 days from receipt. Max conversion: 3x the bonus amount or from free spins: £20. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits.
- Crypto-friendly
- Crypto-friendly
- Exciting promos
#ad. 18+. Gamble Responsibly. Begambleaware.org. 1. The starter bonus package is available only to new players. 2. Activation of the starter bonus package is available within 7 days after registration. 3. The minimum deposit to activate the starting bonuses is 30$ Full T&Cs apply
- Legal & legit - UKGC licence
- Weekly bonuses and cashback
- Regular slot tournaments
#ad. 18+. Gamble Responsibly. Begambleaware.org. 50 Free Spins on Book of Dead on your first deposit. 50 Free Spins on Book of Dead on your second deposit. 50 Free Spins on Book of Dead on your third deposit.
Where to Buy, Sell and Store Cryptos for Online Gambling
To get fast and easy access to cryptocurrency, you will need a good exchange to buy and sell Bitcoin, Etherium, Dash, Monero, or any other currency you wish to use. You will also need an online wallet for safe storage until you are ready to spend the digital currency you have purchased. Binance provides both these services in one platform. It is by no means the only exchange available. Players can also buy various cryptocurrencies at any of the following exchanges:
Kucoin
Coinbase
Houbi Global
HitBTC
Bittrex
Kraken
OKEX
And More
Binance. The most convenient exchange and wallet for online gambling
Many online casino players and sports bettors consider Binance the best online platform to buy, sell and store crypto for gambling transactions. For starters, it is the biggest cryptocurrency exchange trusted by millions of people worldwide. Setting up an account with Binance is easy and intuitive, and users also benefit from low transaction fees compared to other exchanges. When you open an account, a Binance is web wallet is automatically provided to store purchased cryptos. Web wallets are not as secure as hardware or desktop options. Still, they are an excellent option for anyone who wants to hold purchases temporarily before making a casino deposit. Users can also use the platform to make casino withdrawals back to their web wallet, convert cryptos to fiat currency and make a cash withdrawal directly to a bank account.
Open a Binance Account and Benefit from the Best Bonuses Today
Getting started with cryptocurrency gambling is far easier when you use the right platform to arrange transactions. Binance is the preferred exchange for many gamblers and comes highly recommended if you are new to gambling with cryptocurrency.
Check out our other guides for a step-by-step process on how to make casino deposits and withdrawals in cryptocurrency and take advantage of the highest casino bonuses today.