How to Play at Bitcoin Casinos

bitcoin casinos

 

 

 

 

 

 

 

 

Bitcoin casinos allow you to place bets in crypto currencies. To use a Bitcoin casino, you need to purchase a Bitcoin “wallet”, an online wallet that lets you buy and sell Bitcoins. You can also use the same wallet to buy Ethereum or Litecoin. This way, you can make deposits or withdrawals without risking your money.

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A popular bitcoin casino is Cloudbet. It offers a 100% match bonus up to 5 Bitcoins for new players, and is compatible with a variety of cryptos. Unlike other online casinos, Cloudbet also pays its bonus rewards in instalments, which makes it easier to play and beat the house edge.

In terms of game selection, Bitcoin casinos offer traditional casino games as well as sports betting, spread betting, and online lotteries. The bitcoin currency is widely accepted at Bitcoin casinos, and most of them provide a wallet to new players. In addition to this, Bitcoin casinos offer fast withdrawals and no need for personal information.

While traditional casinos may seem attractive, they may not be the safest choice for everyone. For one, US citizens cannot openly gamble in Bitcoin casinos in their own jurisdiction. However, many Bitcoin gambling sites cater to US citizens on demand, and they often allow pseudonymous registrations. Unlike other online casinos, there is no third party involved, which means you can see your winnings and know exactly where your money is going.

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