Why BTC Casinos? The advantages and disadvantages compared to other payment methods

Why do players and casinos like to use Bitcoin? For the best new online casino, the obvious advantage is of course to be able to offer another payment option for its customers, but why do players want to pay with cryptocurrencies? On the one hand, it is a modern payment method and also brings other advantages besides security and low fees. The advantages, but also disadvantages for casino and players are briefly listed here.

So, payment transactions with cryptocurrencies are not always better and not easier. But what exactly are the differences to other online casino payment methods? Is it worth it for you to use Bitcoin instead of a credit card payment? Let's take a look at how Bitcoin compares to other popular payment methods.

As you can see, handling Bitcoin is not as easy as with other payment options. Especially for crypto beginners, understanding around the wallet setup, the importance of the keys as well as the greater responsibility for one's own funds is an adjustment and needs some time to get familiar with it first. After that, however, you can benefit from very flexible limits and extremely low fees if the speed of transactions is not that important to you. In return, however, you have a higher level of security (as with Ethereum casinos) than with alternatives like the Mastercard credit card, Giropay or digital wallets. Also, there are not as high costs here as with a bank, even with a very high high roller deposit. If you want to use Bitcoin, you don't need to register. You simply create your own Bitcoin address independently of any institution. Only the price fluctuations currently still deter many people to pay with it in everyday life.

Play in online casinos with Bitcoin

In the top Bitcoin casinos, we distinguish between two different cases. The deposit is made by Bitcoin, but the deposited balance is kept as usual in euros. Then you can gamble virtually all casino games that can be found in other casinos. A real casino with Bitcoin also keeps your deposit in the casino account as Bitcoin credit. But then you can only play Bitcoin casino games. The following sections show which casino games you can play with Bitcoin.

Since the stakes at Bitcoin games are also made in BTC, the amounts are accordingly small because of the high Bitcoin rate. Therefore, after the games I provide a small overview of how much the Bitcoin amounts are worth in euros.

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