In recent times there has been a lot of talk about cryptocurrencies and, specifically, of Bitcoin, a phenomenon that initially circulated on the mouths of a few, but which over the months also attracted the attention of the main mass media.
To date, it is not yet possible to play in USA legally with Bitcoin, and we advise you to try to do it elsewhere, they are only scams.
If you want to play online safely, legally and above all protected (also thanks to ours forum), go and see the List of online casino certificates and with protection from Playuscasino.
Transactions safety
0 commissions
Still not accepted by American online casinos
Instability of the value of Bitcoin
You will probably have already heard of it, but we realized that there is still a little confusion about the real characteristics of this alternative coin And there are already numerous readers who ask us for information on the possibility of Use Bitcoin to play in online casinosnull For these reasons, on this page we will try to make some clarity and to understand if these new technologies can return useful to us gamblers.
Can I deposit with Bitcoin in American casinos?
As we saw above, it is not possible to deposit directly with Bitcoin in a legal online casino AAMS/ADM. What can be done is to move the money from Bitcoin to Neteller and use Neteller as a deposit method. But why do so many users would like to use bitcoins?
Bitcoin could simplify players' lives. In fact, being able to count on a freely exchangeable currency without the help of third parties allows significant savings, because every time you make a deposit or withdrawal in a traditional casino you are required to pay a commission to the financial institution thanks to which you transfer the money.
As you will also know, too The game winnings are subject to taxation: This cost would also be less if Bitcoin could be used. Another factor not to be overlooked would be the speed with which the money transfer operation takes place: with traditional methods, in fact, it can happen to have to wait a few days, while With Bitcoin everything would happen in almost instant times, both in the filing and in the withdrawal phase.
What are Bitcoin
Bitcoin represents a type of currency in exclusively electronic format (You will never find a banknote or a currency), decentralized (it is therefore not subjected to the control and authority of a central bank, as is the case for traditional coins such as dollar, $ or pound, for example) and exchanged only through a "peer to peer" system, that is, each transaction takes place directly between the parties (for example, the buyer and the seller or, in our case, the player and the online casino), without the intervention of an intermediary (i.e. without the help of traditional payment systems, such as Paypal, Skrill, the banks, the institution that emits credit cards etc.).
I Bitcoin they are not distributed according to traditional methods, but they are "mined" or "extracted" by individual users with the use of particular open-source software, that is, accessible to all in order to allow to verify the correct functioning of the program. The extraction operation, however, requires very powerful time and computers. The available bitcoin number is not infinite, but it is equal to 21 million, in turn divided into underunitities (a bitcoin is equal to one million bits, in fact, but there are also lower cut units, just as it happens in the currencies we use in daily life). Obviously, there is a more suitable alternative path for the less experienced, because it is possible Proceed directly with the purchase of Bitcoin in exchange for traditional money.
Be naked Gambling using Bitcoin Or other cryptocurrencies (it is also possible to use Ethereum, Bitcoin Cash, Litecoin, Dash, Dogecoin and various others), therefore, you should do nothing but create a portfolio on one of the sites authorized to exchange and decide how much virtual coin to obtain. Of course, you can Get Bitcoin even from private users By giving in exchange for money or payment in cash, but if you are not experts it is better to use only official channels, at least initially. Once the bitcoins are obtained, all you have to do is convert them to a payment method accepted by a legal casino. We want to clarify one thing: Bitcoin transactions are free, but once converted into cash in an electronic wallet, such as Neteller for example, deposits and withdrawals in an online casino with this method, they could be subject to commissions.
FAQ - Online Casino con Bitcoin
Are there any Bitcoin casinos?
As we said at the beginning, there are casinos where it is possible to deposit with Bitcoin, but they are not AAMS/ADM licensees.
When will it be possible to deposit in online casinos with Bitcoin in USA?
Unfortunately at the moment we do not have this type of information.
Are Bitcoin online casino, are safe casinos?
Bitcoin casinos are safe and reliable, because they also adopt algorithms that randomly determine the result of matches and encryption systems to encrypt data and make them thus not alterable through external interventions.
What would be the "advantages" in using Bitcoin in an online casino?
Playing with Bitcoin is worthwhile for the following reasons:
cheap: lower or null commissions and no tax levy
anonymity: you will no longer have to communicate to the casino the mass of personal data requested by traditional casinos
safety: availability of many casino with reliable bitcoins who do not scam users
What are the "cons" in depositing with Bitcoin?
For players interested in depositing via Neteller after transferring money from the Bitcoin portfolio, it is important to keep in mind that the value of the bitcoin oscillates, always check how much it is to make transactions.