There are many casinos that accept Bitcoin as compared to when the currency first was invented. However we still need people who do not know what Bitcoins are. “Bitcoin” is the word used to describe a type of virtual currency also known as BTC. It is similar to electronic money and can be exchanged for other bank tendered currency such as dollars, pounds or euros using an online currency exchange company.
Keep in mind Bitcoin is a futuristic currency, but has become widely accepted at many online casinos for deposits and withdrawals. It is also understood to be a very limited supply of Bitcoin, and the amount of energy it takes to produce or mine them is a considerable amount. With the limited amounts of bitcoins and the difficulty in mining them, many people have become Bitcoin millionaires since they have accumulated this currency. Many of the online casinos by Wager Gaming Technology (WG Technology), Real Time Gaming (RTG) and BetOnSoft allow players to deposit with Bitcoins.
Bitcoin Casinos Online
There are certain casinos which only use bitcoins such as mBit Casino and Bitbet casino. Other online casinos include those such as Bitzino Casino. Now players who are from the United States can enjoy using Bitcoin at online casinos for USA players.
Lincoln Casino is an example of a Bitcoin Casino which accepts this currency. It is based on Wager Gaming Technology software and also offers other payment methods such as credit cards or QuickCash and NETELLER payment processors. Players can look forward to a welcome bonus of up to $5,000 that is matched 100% in the first five deposits when they played at Lincoln Casino.
Another example of a online casino for USA players which accepts Bitcoins is Liberty Slots Casino. This is also a Wager Gaming Technology casino and it gives players the opportunity to also use wire transfers. As a player, you should look for the welcome bonus equal to up to $777 for the first three deposits. Liberty Slots Casino features slot games such as Mine All Mine slots and Caribbean Gold slots.
Did you know another casino you can play using Bitcoin is Red Stag Casino . Red Stag Casino offers a wonderful welcome bonus up to 275% that is matched up to the amount of $2,500. Players will enjoy that this welcome bonus is on the first seven deposits which is more than many of the USA online casinos. Red Stag Casino has both the download and instant flash versions to play using Bitcoins.
Let's not forget Sloto Cash Casino which accepts USA or American players. SlotoCash does provide the opportunity to deposit and withdraw with Bitcoins and it is a Real Time Gaming software platform. Players will enjoy the large welcome bonus worth up to $7777 dollars and matched 200% from initial deposits. SlotoCash casino players can redeem the welcome bonus on the first five deposits.
Why Use BitCoin Currency for Online Casinos
The reasons why many players and casinos enjoy using Bitcoin currency is because of the characteristics of Bitcoin. This type of technology makes it very easy to deposit or withdraw money in a few seconds. This is great for casino players who would like to deposit and start playing right away. Those who would like to receive bitcoins can do so in a very short amount. Another reason for using Bitcoins is the ability to keep your credit card information safe. These casinos all offer web encryption for their transactions. However, it is another step further and another layer of security to ensure your credit card details are never stolen while sending a transaction. This is a handy and effective way to deposit for your online slots tournament or to your mobile casino account.
