No Deposit Bitcoin Casinos
A few years ago it was relatively difficult for one to find a reliable online casino that accepted Bitcoin because the crypto-currency was new in the market and there was a lot of controversy and risk surrounding Bitcoin. Most online casinos preferred to stick to traditional banking methods and popular e-wallets and give Bitcoin a pass.
All that has changed in the last 24 months as Bitcoin has become immensely popular throughout the world. The crypto-currency has had its share of naysayers who believe that it is a passing fad but as whole Bitcoin is now widely being accepted across the world. Bitcoin prices have surged tremendously during the last 6 months and has climbed from being in the $2,000 bracket to reach the $4,000 bracket.
The online casino industry has been one of the first industries to embrace Bitcoin and today there are a number of No Deposit Bitcoin Casinos that accept only Bitcoin or accept Bitcoin as one of its many currency options.
Best Bitcoin Casinos With No Deposit
|Name||Bonus Info||Country||Software||Casino Review|
|BitStarz Casino||20 Free Spins
Bitcoin Match Bonuses
|Name||Bonus Info||Country||Software||Casino Review|
|Cafe Bitcoin||500% capped at $5000
Enter this Bonus Code when prompted: CAFE500
|Ignition Casino||100% capped at $1000
|BetChain Casino||100% capped at $600 + 50 free spins once you have made a deposit
|BitStarz Casino||100% capped at $400 + 180 free spins once you have made a deposit
Bitcoin Casinos - Similar To Regular Online Casinos
There is no special way of figuring out the difference between Bitcoin online casinos and online casinos that do not accept Bitcoin. This is because the only difference to a Bitcoin friendly online casino is its payment processing page which provides players with the option of making deposits and withdrawals using their Bitcoin account.
Bitcoin – Overview
Bitcoin relies on the innovative blockchain technology which makes the crypto-currency extremely safe to use and allows Bitcoin users to maintain their anonymity. The combination of top end security and user anonymity is greatly valued in the online gaming industry as players want their identity protected along with the assurance that their personal and financial information will not be compromised.
Bitcoin gives online casino players this assurance and is one of the reasons why it is now being widely accepted by online casinos. Bitcoin is a decentralized crypto-currency which means that it is not owned or controlled by any government, bank, financial institution or individual.
There are a number of popular Bitcoin wallets that allow players to create a Bitcoin account which they can then use to buy and sell. There are four different types of Bitcoin wallets which can be classified into desktop, mobile, online and hardware. The easiest option for beginners is the online Bitcoin account.
Players will first have to register for an account before heading over to a Bitcoin exchange where they can use their credit card, debit card or online banking to purchase Bitcoin directly from the Bitcoin exchange. They will have to follow the same process if and when they decide they want to sell their Bitcoin. Once a player has received Bitcoin in his Bitcoin wallet, they can then proceed to a Bitcoin online casino and make their first deposit.
How To Make Bitcoin Deposits
Before we tell you how to go about making your first Bitcoin deposit, we must point out that there are a number of No Deposit Bitcoin casinos that provide you with different bonuses once you sign up. These bonuses are provided even before you can make a Bitcoin deposit but do keep in mind that they are subject to stipulated wagering requirements.
The first thing you need to do before you make a Bitcoin deposit at an online casino is to decide which Bitcoin friendly casino you are going to sign up with. This page gives you a great list of Bitcoin friendly online casinos.
The process to sign up for a real money online casino account is relatively simple and quick. Once you sign up, you will be credited with the special sign-up bonuses that will allow you to play for free and try out the new online casino.
Once you are ready to play for real money, you can go to the banking section and choose the option making a Bitcoin deposit. Here is a quick list of the steps you need to follow to make your first online casino Bitcoin deposit.
- Choose Bitcoin (BTC) as your preferred deposit option
- Select from the drop-down the name of your Bitcoin wallet
- If your Bitcoin wallet is not listed, choose ‘Other’
- Copy your unique Bitcoin deposit address
- Login to your Bitcoin wallet, enter the amount you want to deposit
- Paste the unique Bitcoin deposit address and proceed with payment
- Logout and then go to the online casino page and check your account
- Your online casino account will reflect the recent Bitcoin deposit
Once this process is completed successfully, you will then be able to play real money online casino games using your Bitcoin deposit.
Bitcoin Withdrawals – An Easy Process
Now that you are familiar with making Bitcoin deposits at your online casino, the process of withdrawing Bitcoin should be fairly simple. Go to the Banking page click on the withdrawal option and enter the amount of Bitcoin you are going to withdraw.
You will then be asked to enter your unique Bitcoin deposit address. Once you have entered this, click the cash-out button and the process is complete. When you login to your Bitcoin wallet, you will find that the cash-out amount is reflected in your Bitcoin wallet as the transaction will be processed immediately.
No Deposit Bonus Bitcoin Casino Rules
Whichever Bitcoin online casino you decided to sign-up with, we encourage you to carefully read these rules as they specify the wagering requirements that you must fully comply with in order to enjoy your no deposit bonus. These wagering requirements are different with each online casino. We take a look at some of the standard no deposit bonus rules.
Wagering Requirements: Online casinos will specify that the amount of the no deposit bonus must be played xxx times before a cash-out can be allowed.
Maximum Limit: Most online casinos will set a cap on the limit you can withdraw from your no deposit bonus.
Account Ban: If a player decides to make a withdrawal without fulfilling the wagering requirements, an online casino could end up banning that player’s account based on their policy.
ID Proof: Online casinos often make it mandatory for identification and verification proof to be provided in order to process the first withdrawal request.
Restricted Countries: While online casinos offer exciting no deposit bonuses to all new players, these bonuses can be restricted from certain countries usually where online gambling is banned.