To diversify payment methods for clients, many casinos are now supporting cryptocurrencies. Welcome to Bitcoin casinos. Making payments with Bitcoins is safe, faster, and convenient because there are no third parties involved. Sites like RedMoon Games have diverse methods of payment that make it easy for their players to choose how they want to spend their money playing casino games and slots. Here is everything you need to know about Bitcoin casinos.
Is Gambling with Bitcoins Safe and Legal?
Gambling with Bitcoins in Bitcoin casinos is safe because payment is peer-to-peer (no middle party such as a bank). Besides, it is cheaper than using credit cards and faster than bank transfers. But when it comes to legality, this is a subject for debate.
Today, the USA legal framework does not expressly illegalize betting with cryptocurrencies such as Bitcoins in USA casinos. According to the Unlawful Internet Gambling Enforcement Act (UGEA) of 2006, the credit cards and banks are prohibited from facilitating online gambling transactions. This law forced casinos to look for alternative and cryptocurrencies came in handy.
The federal legislation further prohibits casinos from accepting wagers on the USA territory. However, the law does not deny people from placing bets. This is the reason why most Bitcoin casinos are based outside the USA.
From the above considerations in law, it is not illegal to bet using Bitcoins in the USA. The only state that disallows online gambling is Washington. Though it would still be a tall order for the state to know who is gambling online, Bitcoin casinosprefer to disallow their services in the state of Washington based on location of client’s IP addressed.
If you are interested in learning more useful information about Bitcoin exchanges in online casinos in and outside the USA, please visit Blockchain.News.
Online Casinos that Accept Bitcoins
The number of Bitcoin casinos has been increasing steadily in recent years. Just like gambling with real cash, paying with Bitcoins allows you to play all casino games including slots games, blackjack games, roulette games, and online poker. Here are the top casinos that accept Bitcoins:
- mBit Casino
This was one of the first casinos to accept payment in Bitcoins. The casino is known for its diverse games and impressive casino bonuses.
This casino is known for its unique retro design and diverse slots. Most gamblers also like it for generous bonuses and tournaments.
- SlotCash Casino
This casino has cut a name because of its intuitive gambling platform and supporting Bitcoins. Whether you want to play in the casino site or download the mobile casino app, you will not be disappointed by this casino.
- Uptown Acess Casino
This is another highly rated casino because of its impressive platform and support for cryptocurrencies such as Bitcoin. It also gives players regular bonuses.
- Ignition Casino
This casino has cut a name for its impressive collections of Rival and RTG games. Its design also looks very professional and more importantly, it supports payment with Bitcoins.
This is one of the relatively young casinos because it was established in 2013. The casino is one of the best and has become irresistible because of its impressive design and diverse slots. Besides, it also has numerous bonuses that include a welcome bonus, cashback, monthly bonus draws, and dedicated bonuses for Bitcoin users.
Bovada is another Bitcoin casino that has cut a name for its impressive financial model. In addition to supporting Bitcoins, deposits and withdrawals are pretty simple and fast. You also get to enjoy regular bonuses after joining the casino.
Get Free BTCs with First Time Bitcoin Deposit
If you are thinking of starting to gamble online, it is advisable to consider online casinos that support BTC. The legal casinos offer impressive casino bonusesthat allow you to place bets free. When you make a deposit with Bitcoin, the casinos give bonus BTCs that allow you to play more games free and win real cash.
The entry of Bitcoin in the gambling niche has become a game-changer because players are able to make direct real money payments without going through third parties such as banks and credit card companies. This post has demonstrated that you should not fear using Bitcoins when gambling online because the law does not illegalize it.