Bitcoin is an innovative digital currency which describes itself as the world’s first decentralised currency. It has become more popular as a casino currency because of the many benefits it offers in terms of security and ease of use.
Bitcoin is often written with the symbols BTC and XBT and it also has its own symbol, the . Bitcoin is most accurately described as a digital crypto-currency and it operates based on a peer-to-peer marketplace, rather than being managed by a central bank like regular currencies. Bitcoins can only be spent and used through transfers between users and their bitcoin addresses. A bitcoin address is 27-34 characters long and made up of numbers and letters. Anybody can register and sign up for a bitcoin address and casinos offering this payment method will simply require your bitcoin address for you to be able to make deposits and withdrawals. Most casinos will recommend you have a registered (and usually free) bitcoin wallet for withdrawals as it speeds up the process.
You will find casinos out there which are bitcoin-only as they have joined in with this innovation in the currency market but you will also find it as an option as casinos who accept other currencies too. This second type of casino is likely to accept your bitcoins but they will convert them into a more traditional currency for the purposes of play. Bitcoin has become hugely popular because it’s easy and safe to use and it isn’t tied to any government or central bank which removes processing fees for both the casino and the player. Bitcoin-exclusive casinos also make it possible for casino players to play anonymously, via just their bitcoin address, an email address and password. This is something many players find particularly beneficial as their home address and name can remain private.
History of Bitcoin
Bitcoin was invented by Satoshi Nakamoto. He first published his invention in 2008 and released the related open-source software in 2009. The nature of the software means anybody is able to mine bitcoins and there are specialist firms dedicated to the process too. It is officially described as a decentralised virtual currency and it is the largest of this kind of currency on the market.
Bitcoins are broken down into smaller units including: millibitcoin, microbitcoin and satoshi, the smallest possible measurement of the currency, which is named for its creator and also equivalent to 0.00000001 bitcoin.
More and more payment processing websites and bitcoin-focused services have developed since the currency has been available. BitPay for example, were founded in 2011 and provide a global bitcoin payment service which allows site owners around the world to offer bitcoin as a currency. Other similar companies include Coinbase and Xapo. A whole industry of companies has developed off the back of the bitcoin and it has given people a new way of paying and managing their currency.
Bitcoin Conversion Rates
Compared to other currencies the price of Bitcoin fluctuates much more regularly. The conversion rates change often on this basis and at the time of writing one Bitcoin was worth the equivalent of £10,012.
You can explore the current range of bitcoin casinos below and find sites which are accepting this innovative and growing currency.
Welcome Bonus100% Bonus Up To £100
Welcome offer 100% bonus up to €100 or 1.5 BTC or 200 free spins. New customers only, one per household. This is part of a package across the first 4 deposits worth up to €500 or 5 BTC. Minimum deposit €20 or 0.0025BTC. All bonuses have 40x WR. 14 day expiry. Free spins will be given in increments of 100 per day for 2 consecutive days. All winnings from free spins have 45x WR. Free spins expire after 24 hours. Maximum cashout from bonus unlimited. Maximum cashout from free spins is 1.5 BTC or €100. Full terms apply.
Welcome Bonus400% Bonus Up To £1,000
Welcome offer 400% bonus up to £1000. New players only. This is part of a welcome package worth up to £5000 over 1st 5 deposits. Promo code WELCOME1 required. Bonus is subject to a minimum 50x play-through requirement before being transferred to the player’s cash balance. Full terms apply.
Welcome Bonus100% Bonus Up To £62 + 10 Free Spins No Deposit
100% bonus up to £123 and 10% cashback on losses. New Players Only. Maximum bonus is £123. Maximum bet with bonus is £5. 10 free spins no deposit required upon registration (max withdrawal is £100). No maximum cash-out on deposit offers. Wagering is 50x. Skrill & Neteller excluded. Eligibility is restricted for suspected abuse. Cashback is cash, so no wagering required. Cashback applies to deposit where no bonus is included.
Welcome Bonus400% Bonus Up To £800
Welcome offer 400% bonus up to £800 on each of your first 3 deposits. New players only. Minimum deposit 20EUR. The Bonus + Deposit is subject to 33 times play through (Wagering requirements) before any withdrawal can be made. Full terms apply.
Welcome Bonus100 Extra Spins
Welcome offer 100 free spins on Starburst. Minimum deposit £10. First deposit only. Spin value £0.10. 60X wagering required for free spin winnings amount (only Slots count) within 30 days. Maximum bet is 10% (min £0.10) of free spin winnings amount or £5 whichever is lower. Winnings will be removed if Max Bet is exceeded. Free Spins must be used before deposited funds. First Deposit/Welcome Bonus can only be claimed once every 72 hours across all Casinos. Terms and conditions apply.
400% welcome bonus up to 800€. This is part of a welcome package offering up to 2,400€ bonus over 1st 3 deposits. New players only. Minimum deposit 20€. Bonus code MADAME1 required. You must wager a minimum of 20x the sum of your deposit plus your bonus before withdrawing any amount higher than your initial deposit. Players from Greece and Lebanon X80. Terms apply.
Welcome Bonus400% Bonus Up To £800 + 50 Extra Spins
Welcome offer 400% bonus up to 800 EUR and 50 free spins on 1st deposit. New players only. This is part of a welcome package worth up to 1800 EUR and 120 spins over 1st 3 deposits. Minimum deposit 20 EUR. Free spins are for game Fruit Zen only. Welcome Package is subject to 33x wagering requirement at each stage of the 3 bonuses. Full terms apply.
Welcome Bonus400% Bonus Up To £800 + 20 Extra Spins
Welcome offer 400% bonus up to 800EUR and 20 zero wagering spins on 1st deposit. New players only. This is part of a welcome package worth up to 1400EUR and 120 spins over 1st 3 deposits. Minimum deposit 20EUR. Free spins are valid on game Fruit Zen only. The Welcome Package is subject to 33x wagering requirement at each stage of the 3 bonuses. Full terms apply.
Welcome Bonus100% Bonus Up To £125 + 180 Extra Spins
UK players are not accepted. For players outside the UK welcome bonus is 100% match bonus up to 125 EUR and 180 free spins. This is part of a welcome package worth up to 500 EUR bonus and 225 free spins over 4 deposits. New players only. Minimum deposit 10 EUR. WR 40x bonus money or winnings from free spins. Full terms apply. For players depositing in other currencies Max bonus is 1.25 BTC, 125 USD, 9,000 RUB, 125 CAD, 1,250 NOK, 125 CNY, 15,000 JPY, and 50 ETH. Minimum deposits are 0.001 BTC, 10 USD, 700 RUB, 15 CAD, 100 NOK, 80 CNY, 1,200 JPY, and 0.022 ETH. An alternative offer applies for players depositing in AUD of 125% match bonus up to 400 AUD + 180 free spins.
Welcome Bonus100% Bonus Up To £100 + 200 Extra Spins
Welcome offer 100% bonus up to £100 plus 200 spins. New customers only. 40 spins on 1st deposit, remainder given as 20 per day for the next 8 days. Must accept welcome bonus to receive all spins. Spins can be used on any of the following Age of the Gods slot games: Epic Troy, Glorious Griffin, Ruler of the seas, Ways of Thunder, King of Asgard. Winnings given as bonus funds, 20x wagering. Spins and bonus wagering on selected AOTG games only. Minimum deposit £20. Maximum bonus £100, wagering 40x. Game weighting applies. Betting limits: Slots £5, all other games 10% of bonus amount. Payment restrictions amd terms and conditions apply.
Welcome Bonus300% Bonus Up To £3,000
Welcome offer 300% Slots bonus. New players only. Can be claimed on 1st 2 deposits. Use code BIGEVENT. Minimum deposit £25 on slots and specialty games only. Playthrough 40x, no maximum cashout. Full terms apply.
300% welcome bonus up to 1000 EUR. New players only. You must wager a minimum of 20x the sum of your deposit plus your bonus before withdrawing any amount higher than your initial deposit. Players from Greece and Lebanon 80x. Bets placed on all games other than slot machines will be deemed a violation of the terms and conditions, your bonus and winnings will be voided. Full terms apply. 2nd deposit bonus also available.
Welcome Bonus100% Bonus Up To £111 + 100 Free Spins No Deposit
23 free spins on Registration plus 100% Refund bonus up to £111 and a further 77 free spins on 1st deposit. New customers only. Min deposit £10. Minimum refund bonus £10. Refund bonus applies when initial deposit lost and will be applied the following working day. x60 wagering on bonus required. Maximum bet when playing with refund bonus £5. No restrictions when playing with cash. Skrill & Neteller deposits excluded. Eligibility is restricted for suspected abuse. Spins valid for Starburst or Joker Pro. UK players only. Terms apply.