Bitcoin Slot Sites
Many online casinos now accept crypto-currency Bitcoin as a payment method and narrowed down the best of the bunch especially for you. Our top online Bitcoin casino, Betway Casino, offers a generous welcome package, over 100 slots, and premium customer service. On this page you'll learn:
- How to use Bitcoin to play online slots
- The pros and cons of using Bitcoin
- Where to find the best real money slots
Top Slot Sites Accepting Bitcoin
What is Bitcoin?
Bitcoin is a new digital currency that is 'mined' on users' computers before being traded. Bitcoin users keep a handy wallet online where they can store Bitcoin. The currency can then be used to buy and sell goods or traded for cash. Only a finite amount of Bitcoin will ever be 'made', and because it is finite the value of Bitcoin will keep on going up. Think of it as a virtual commodity that can be bought and sold for cash.
How Online Bitcoin Slots Work
First, you'll need to buy some Bitcoin. The easiest way is to buy Bitcoin from an online exchange. Current market rates are clearly displayed on exchange sites. But you're not restricted to buying whole Bitcoins. Instead, players can purchase tiny portions of Bitcoins, called 'satoshis' or 'micro-bitcoins'.
To make a deposit to play online slots, Bitcoin owners need to just head to the Cashier at their favorite casino and complete a transaction. You can deposit small ‘satoshis’ to your account too. With these, you then play slots online, Bitcoin wallet at the ready.
Bitcoin Advantages and Disadvantages
While rival crypto-currencies have emerged, Bitcoin remains the pioneer. Here are some advantages and disadvantages of using Bitcoin to fund your online slots gambling:
- Low fees
Since there is no 'central bank' like with a credit card provider, players avoid paying any transaction fees when playing Bitcoin online slots. Bitcoin remains one of the cheapest ways to gamble on the net.
- The value of Bitcoin can increase
Bitcoin is finite, like a commodity like oil. Therefore, the value of Bitcoin is generally on the rise. If you keep Bitcoin in your wallet and keep buying and selling the coins, your currency can rise in value. You will still have the chance of winning real money playing slots online.
- Remain totally anonymous
With no usernames or card details, you never have to share your personal info with online casinos.
- Can be hacked and exploited
There have been numerous stories in the press about criminal gangs using Bitcoin. Money-laundering, fraud, and outright theft of Bitcoin servers have all marred the virtual currency's reputation.
- Not widely accepted online
At some traditional sites offering online slots, Bitcoin is accepted for deposits.
- The value of Bitcoin can decrease
Don't forget that while you play online slots, Bitcoin is being traded-in cyberspace. That means that if there is a lot of Bitcoin on the market the value can go down. Analysts still don't know what will happen with Bitcoin's value long-term.
Find The Best Real Money Bitcoin Slot Sites
For a new way to fund online slots, Bitcoin is just one of the leading virtual currencies out there. While this new currency has had its hiccups, it could still be the future choice of gamblers around the world. At onlineSlots.com you will find reviews of the best slots online. Bitcoin players can deposit anonymously, safely, and without fees.
You may even find a great welcome bonus when you sign up. Just make a first deposit and have your Bitcoin matched when you play slots. Online Bitcoin games can even be played via your web browser for easy instant play.
Be Aware! Rogue Casinos
Casino listed in this section have not passed our meticulous inspections and should be avoided at all costs. We check all of the essential details, including legitimacy, licensing, security, software, payout speed, and customer support.
Bitcoin is a virtual 'crypto-currency' that can be bought and sold online for cash. You can anonymously use Bitcoin to pay for services or funding online slots gambling.
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