Bitcoin casinos are becoming increasingly popular due to their plethora of benefits. With the more mainstream adoption of cryptocurrency, these casinos have been able to fill an important gap in the gambling industry.
For many, the fact that they have to enter their personal banking information into online casinos in order to place bets is a huge deterrent. This is where crypto casinos have been able to provide even better. Being able to provide user privacy while maintaining transparency from the casinos has made it a better option for players.
Why Players Prefer Crypto Casinos
The many advantages of crypto casinos over traditional casinos make them an even better option for players. As mentioned above, crypto casinos that accept coins like bitcoin offer users a high level of privacy and transparency to enjoy their favorite titles without having to worry about data compromise.
Additionally, these casinos often do not require any type of extensive KYC compared to traditional casinos. The data collected during KYC registration is often sensitive, such as ID, DOB and SSN images, as well as banking information for withdrawals.
Since crypto casinos accept crypto payments, there is usually no need for extensive verifications. However, regulators have leaned heavily on these due to criminals using crypto-casinos to mingle stolen crypto. But it’s also important to keep in mind that the vast majority of crypto casino players are just trying to get some privacy while enjoying their favorite games.
Another advantage of crypto casinos over traditional casinos is the easy registration process. As no thorough KYC verification is usually required, players can usually create an account with as little as an email address. Players do not have to provide any personal information to deposit or withdraw funds, and as such can remain completely anonymous.
The 4 Best Bitcoin Casinos
The popularity of bitcoin casinos has grown in recent years, but some platforms have separated themselves from others with impeccable services. Bitgamble is a platform that provides crypto and bitcoin casino reviews. Here are four of the best crypto casinos for players by platform.
Stake is a crypto casino that ranks at the top of the list. This popular casino offers VIP perks, cash back and bonuses to players to enhance their experiences. It was founded in 2017 and quickly rose to fame because users did not have to perform extensive KYC when signing up.
It has one of the largest suites of crypto payment offerings in the space, with over 130 cryptocurrencies available. Things like lifetime rake back on all bets also apply to customers and can last forever in some cases.
It is secure as it offers 2FA to users to prevent secondary players from accessing their accounts. Moreover, Stake offers customer support in different languages to be able to serve its customers across the globe.
BC Game is a crypto casino that has gained popularity among players due to its massive promotions and suite of around 50 cryptocurrencies to choose from. Players can create a completely anonymous account. However, in some cases, BC Game may require a user to complete their KYC process in order to make withdrawals.
The casino is licensed by the Malta Gaming Authority, making it an easy to contact online casino. It offers over 10,000 slot games along with crash, dice, and blackjack, among others. BC Game withdrawals are also fair and the casino is verified by the Crypto Gambling Foundation.
Like many online casinos, Winz offers an attractive welcome bonus to users. However, unlike most, Wins allows users to roll over up to 300 spins. It offers a wide range of games with more than 7,000 popular games available. It also offers a 1% to all new players within the first 14 days after registrations. In some cases (VIP), users can get up to 20% weekly cashback.
Withdrawals on winnings take less than an hour to process. The platform has 24/7 live chat support, is always ready to help, and has a monthly withdrawal limit of $400,000. It ranks high on sites such as AskGamblers.com and Casinomeister.com.
Bitsler is one of the crypto casinos that strives to provide unique games for players. There are currently over 3,000 games on the platforms, with over 16 unique games from Bitsler. The casino was founded in 2015 and holds a license from the Curacao Gambling Authority.
There are over 15 crypto payment methods for players to choose from whether they are making deposits or withdrawals. The platform also encourages 2FA for all users to protect their accounts. It offers table games, live casino, wild card, jackpot slots and more, all from over 40 software providers in the space.
One important thing about Bitsler is that it offers a demo mode for users who want to try out the platform without spending any money. This can be used as a way to gain experience before diving into real money.
Crypto-casinos are proving to be formidable challengers to traditional casinos. These casinos are able to exist entirely online without compromising the identity of their players. Using crypto payments also allows them to offer cheaper and faster transactions to their users.
The above list is just a small number of crypto casinos that are making a splash in the gambling industry. The anonymity they offer has been the biggest plus for them, but the experience has been so improved over the years, with players describing their experiences as similar to those at a land-based casino.
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