The Top Bitcoin Online Casinos In The UK

What is Bitcoin?

While other payment methods like Credit Cards and eWallets may be more well known, playing at an online casino with bitcoin is slowly gaining traction as players realise that bitcoin can offer them a number of benefits not offered by other banking methods. So, what is bitcoin?

Bitcoin is a form of digital currency that is not regulated by any government but rather by other bitcoin users. Bitcoin transactions work by transferring value between wallets, with each wallet identifiable through a unique digital code. These wallets can be bought and sold on various marketplaces at the currency of your choice meaning that bitcoin is truly a universal form of currency.

Due to bitcoin being stored in these unique wallets, whose ownership is easily transferred, the details of buyers of bitcoin can choose to remain anonymous, something much looked for by avid online gamers looking to keep their personal details secure. This is just one of the benefits of playing at an online casino accepting bitcoin.

The Benefits of Bitcoin

Being a digital currency means that bitcoin is widely accepted and easily converted into any currency of your choice. In addition to this, being more akin to an eWallet service means that bitcoin users can choose to remain anonymous when banking online, with transactions reflecting a digital signature rather than having any personal details attached.

Finally, bitcoin boasts the lowest fees associated with online banking as, due to the nature of the system, users could in fact choose to not pay any fees at all on their transactions. Transactions themselves are free though some players may choose to pay a small fee to have their transaction done faster or even instantly.

“Bitcoin boasts the lowest fees associated with online banking.”

What this means for players is that, once your bitcoin wallet has been acquired, you are free to play at any online casinos that accept bitcoin and you are guaranteed:

• Safe and secure withdrawals and deposits
• Anonymous banking so your personal details are kept personal
• The cheapest transactions available
• Access to the currency of your choice

By choosing to play at an online casino using bitcoin you are guaranteed all of the peace of mind of other payment methods with the added benefit of anonymity and the lowest banking fees.

Getting Started with Bitcoin

Being a relatively new payment method, it can be difficult knowing how to get started with bitcoin so here is a quick rundown on how to deposit using bitcoin:

1. 1. Sign up at your chosen online casino that accepts bitcoin
2. 2. Choose bitcoin as your preferred banking method
3. 3. You should receive a temporary bitcoin wallet associated with your online casino account - this is where you will deposit and withdraw to and from
4. 4. Ensure you have the required bitcoin in your personal wallet that you would like to deposit
5. 5. Make your first deposit - you will receive a unique long text line which you will need to input in your own wallet. Once inputted, choose the amount to deposit and confirm
6. 6. Your transaction should now be processed within in few minutes and you will be ready to make your first bet.

If you thought depositing using bitcoins was simple, how to withdraw using bitcoin is even easier. Online casino bitcoin withdrawal is simple and fast and we will even cover how to convert bitcoin into your local currency in our breakdown:

1. 1. Determine how much of your winnings you want to withdraw
2. 2. Using either a long text code or QR code, enter the public address of your wallet in your withdrawal transaction
3. 3. Confirm your amounts and details to process the transaction
4. 4. Should you want to convert these bitcoins to cash you may either sell them to a bitcoin buyer or you can sell them through a Bitcoin exchange such as Coinbase or Bitstamp (which may take a few days) which will allow you to choose the currency you receive payment in

Secure The Best Bitcoin Bonuses

Only the best bitcoin casino software in the UK are guaranteed to offer you the best bitcoin rewards, with many sites offering players bonuses just for signing up and choosing bitcoin as they preferred banking method. From bitcoin casino with a no deposit bonus, to casinos that reward you with free satoshi (the smallest unit of currency) just for making deposits using bitcoin, the ticket to your next reward could lie in choosing bitcoin. Certain gambling sites also offer Bitcoin faucets to reward players for signing up.

Take a browse through our selection of bitcoin casino reviews for a look at what the best bitcoin casinos in the UK can offer you.