Frequently Asked Questions about Bitcoin Casinos

 

Are Bitcoin Casinos Regulated?

Not all Bitcoin Casinos are regulated, although many are. Hybrid casinos in particular (casinos that offer both cryptocurrency and traditional currency games) are always more likely to be licensed. Some of the most popular licenses obtained by Bitcoin Casinos are from the Malta Gaming Authority, the Government of Curaçao, and the Swedish Gaming Authority. According to our Bitcoin casino FAQ, some Bitcoin Casinos may choose to remain unlicensed, so they can continue to offer their games to players around the world without any restrictions.

How do Bitcoin Deposit Bonuses work?

If you’ve ever played at an online casino, chances are you’ve encountered a deposit bonus. The types of promotional offers available at new Bitcoin Casinos will vary from platform to platform, as well as the deposit amount required and the wagering percentage. Some BTC Casinos will place a limit on the minimum amount of Bitcoin you can deposit, sometimes in the form of mBTC. You should always read the terms and conditions of any bonus before attempting to claim it.

Is gambling with Bitcoin legal?

Technically yes. Bitcoin gambling is just as legal as gambling with traditional currencies like USD, GBP and EUR. It is not normally subject to any different legislation, however, some countries are trying to regulate it differently. Obviously, if gambling is totally banned in your country, gambling with Bitcoin will also be illegal.

Why Should You Play in a Bitcoin Casino?

Since its launch in 2009, Bitcoin has been the catalyst for the creation of an entirely new market – the crypto market. Simply by its nature, Bitcoin is much more secure and private than traditional currencies. It offers faster, more secure transaction speeds, and a level of anonymity that normal currencies simply cannot offer. If you’re not playing with Bitcoin, you’re missing out.

If you still have questions, please refer to our dedicated Bitcoin casino FAQ section.