We’re taking time out to review payment providers for casino gaming and had a brief look at Bitcoins this week. The cryptocurrency is becoming increasingly popular as a payment option to fund gambling and can be used directly in a wide variety of online casinos or, alternatively, you can fund some online payment provider accounts using Bitcoins.
Bitcoin is a form of electronic cash, or cryptocurrency, and was the first digital currency created. It’s estimated that there are between 2.8mn and 5.9mn global consumers currently making use of Bitcoin digital wallets.
You’ve probably been aware of the rise in value of Bitcoins, the cryptocurrency soared through 2017 to reach a price of almost $20,000 per unit. At 6 November 2017 the cryptocurrency is trading at around £4,900 and its value has fluctuated massively throughout 2018.
Using Bitcoins for gambling
If you plan to use Bitcoins to fund gambling directly, you’ll need to ensure your chosen casino accepts the cryptocurrency. Many US-based casinos accept cryptocurrency deposits, however, this is not quite so common on a global basis.
Some of the casinos that accept Bitcoins include:
- mBit Casino
- Fortune Jack
- 7 Bit Casino
- Konung Casino
- Superior Casino
- Bet King
- JetWin Casino
- Burran Casino
- Mars Casino
Many of these casinos have been independently tested and verified by cryptocurrency specialists to ensure the professionalism of the service provided.
Another way to utilise Bitcoins for gambling is to deposit cryptocurrency with providers like Skrill, Neteller, Stripe and Trustly. The advantage of using a payment provider to deposit Bitcoins is that you can then use your cash in any online casinos. If you don’t already have an account with an online payment provider, take time to check out our reviews of all the top providers to select the one that’s most appealing.