Bitcoin Casinos

Bitcoin is a digital or virtual currency that uses peer-to-peer technology to facilitate instant payments. Bitcoin is not controlled by any central authority, making it a decentralised currency. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain.

The cryptocurrency is accepted in most online casinos. It provides its users with really fast and secure transactions. Since Bitcoin is decentralised, players can manage their funds independently without intermediaries. Though it takes some time to understand how digital wallets and blockchain work, more and more Kiwi gamblers use this payment method in online casinos.

Unlike other payment methods, like e-wallets or bank cards, Bitcoin and other cryptocurrencies do not have fixed fees, as they depend on the network’s congestion.

Typically, the minimum deposit amount on different gambling platforms ranges from 0.0001 BTC to 0.001 BTC. Deposits with Bitcoin are usually instant and interest-free. Withdrawals made with crypto are also instant, though the fees for cashing out your winnings may be slightly higher in some casinos.

Playing at any casino accepting Bitcoin is usually straightforward and simple. However, our team has prepared a step-by-step guide that will pinpoint the main aspects of gambling at Bitcoin casinos.

Bitcoin, among other cryptocurrencies, is one of the safest ways to make transactions in online casinos. Bitcoin security involves several measures to protect its users from fraud and theft. They implement various multi-level security measures.

Identity verification in Bitcoin is an important step aimed at maintaining security, compliance with regulatory requirements, and preventing illicit activities. By verifying identities, platforms can better protect users from unauthorised access and ensure the integrity of transactions. So, we've prepared a guide on how to complete the identity verification.

Once all checks are completed, you will receive confirmation that your account is verified. This process doesn't take a long time, but it significantly enhances the safety of your digital crypto wallet.

Gambling with Bitcoin can be very exciting and beneficial. Overall, Bitcoin has many advantages that make it stand out from other payment options. However, one of the most significant drawbacks of this cryptocurrency is that you can face high network fees because of network congestion. Our team has gathered some tips on how to avoid high network fees.

First of all, to avoid high Bitcoin transaction fees, you need to choose the right time to transact. Here, tools like Mempool.space or BTCFees.info can help check the current network congestion before initiating transactions. Also, fees tend to be lower during late-night UTC times when network activity is reduced. This is because fewer users are transacting at that moment, so there is less competition for block space.

Also, you should consider using the Lightning Network for transactions, as it offers near-instant processing with significantly reduced fees compared to on-chain transactions. This tool can be particularly beneficial for frequent small transactions.

Now, let's sum up the main advantages and disadvantages of paying with Bitcoin at online casinos.

A Bitcoin bonus is a special promotion offered by crypto-friendly casinos to reward players who deposit and wager with Bitcoin. Crypto bonuses work similarly to other casino promotions but are tailored for cryptocurrency users.

If you are searching for alternative payment methods that you can use in online casinos instead of Bitcoin, we've prepared a few suggestions for you.