Crypto Casino Sites in New Zealand
If you’re looking for the top Bitcoin casinos, a Bitcoin-specific deposit bonus, a free spins bonus or even a Bitcoin Cash deposit bonus, you’re in the right place! On this page, we’re going to show you a list of the best crypto casinos with the best free spins and deposit bonus offers — all of which are available to players in New Zealand!
In addition, we’re also going to be giving you a comprehensive look into how these cryptocurrency-focused casinos work, how to buy and sell crypto, and everything else you need to know to begin playing!
Let’s start things off with a look at all of our recommended crypto casinos that accept Kiwis!
See Related: Understanding Casino Banking
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How Do We Rate Crypto Casinos?
When we’re looking for the best Bitcoin casinos, we look at several factors. Below, we’re going to walk you through what we look at — and what you should look at — when searching for the best Bitcoin casinos.
One of the most appealing aspects of playing at Bitcoin casinos is that payments and withdrawals are often instantaneous. Some Bitcoin casinos have even gone so far as to completely automate their withdrawal process, so as long as your withdrawal is under a particular monetary level, it will be cashed out automatically!
This allows you to see your cash in your wallet in as little as a few minutes, which is something you won’t find at older, more traditional online casinos.
However, not all crypto casino sites are made equal, and it’s always crucial to know how quickly (or slowly) they process withdrawals if they’re not instant.
Instant cashouts are available at all of the finest Bitcoin casino sites, and many of the Bitcoin casinos featured here do just that. If in doubt, check what our members are saying in the forums!
With a few exceptions, every Bitcoin casino will have some sort of online gambling license. This online gambling license permits them to provide casino games to players from all over the world.
A government-appointed agency generally gives an online gambling license, and it serves as a method to guarantee that casinos treat their customers properly and operate within the law.
To operate in most countries, an online casino must have a valid online gambling license. For example, in the United Kingdom, all online casinos that want to accept players from the United Kingdom must have a valid online gambling license from the Gambling Commission.
The Malta Gaming Authority, Curacao, and the Alderney Gaming Control Commission are among the other foremost online gambling authorities.
When things go wrong, such as if you don’t get paid your winnings or have a complaint that the online casino isn’t resolving, you may take your complaint to the regulator. They can then make a legally enforceable judgment that the casino must obey.
However, there is some ambiguity surrounding licensing regarding Bitcoin casino sites because many Bitcoin casino sites are licensed in Curacao. This notoriously weak regulator frequently fails to take action when its licensees clearly violate their license terms.
This is why it’s critical to only play at a Bitcoin casino you know and trust. With so many Curacao-licensed clip-shot joints accepting players these days, you could easily end up playing at a poorly-run online casino that refuses to pay your winnings. If this happens at a Curacao-licensed casino, you’ll have a slim chance of ever seeing your money.
Thankfully, all of the top Bitcoin casinos you’ll find listed on Casinomeister have proved to function fairly. Our team of online gambling specialists has thoroughly evaluated their site, and in many cases, we’re even in frequent contact with the online casino’s owners.
If you go to any new Bitcoin casino today, you’ll find that it has a huge selection of casino games; gone are the days when casinos exclusively offered NetEnt and Microgaming titles.
To stay up with the competition and attract as many players as possible, most casinos will join up with as many different game creators as possible. That’s a pretty positive trend, in our opinion, and it’s one of the nicest things about new casinos.
It gives gamers a far wider range of games to choose from, and it helps them present themselves as a legitimate rival in an otherwise saturated industry.
Before you sign up with a new Bitcoin casino, look through their game selection to ensure that your favourite developers and titles are accessible to play. If you come across a casino that doesn’t feature the games you want, you shouldn’t have to go far to locate one that does.
Thankfully, most of the new Bitcoin casinos we evaluate here at Casinomeister all feature a superb range of games, so you should have no trouble discovering the game developers and software providers you want.
Live Dealer Casino Games
Today, live dealer gaming is more popular than ever. We are witnessing a massive transition away from traditional online casino games — those that rely on simulated visuals — and toward live casino games that are streamed in actual time from a custom-built studio or casino setting.
As the popularity of live dealer casino games has increased, so has the number of developers offering these casino games. Some of the prominent names to look out for are Evolution Gaming, Pragmatic Play, and NetEnt.
Fortunately, the overwhelming majority of Bitcoin casino websites debut well-prepared, and there’s a high chance they’ll feature live casino games from at least one of the three industry heavyweights we just discussed if not all of them.
Some live dealer casinos, for example, let you spend as little as 10 cents on a single Roulette spin or Blackjack table, while others may offer a minimum stake as high as 5 dollars. Similarly, while playing card casino games, some sites may only allow you to play one hand, whilst others enable you to play multi-table variations of the game.
This may all seem like fairly basic and mundane information, but you’d be surprised how many players see a casino they like and jump into it right away. They don’t do any research about the site, and only after they’ve made their first deposit do they discover that the live casino games they were looking for, or the betting limits they were used to, are no longer available.
Bonuses and Promotions
Every new casino will provide you with a welcome bonus, whether it’s a matched deposit bonus, free spins, or cashback.
In reality, there are many elements to consider when looking for a new casino’s welcome offer, and one of the first things you should look at is the welcome bonus’s wagering requirements.
For example, finding a welcome bonus that offers a 200 per cent matched deposit bonus is great. Still, if the wagering requirements are 60X, your chances of converting the welcome bonus funds to real, withdrawable cash are slim. Instead, claim a 100 per cent matched deposit bonus with wagering requirements of 40X.
Another factor to consider when deciding whether or not to claim a welcome bonus is the type of game limitations in place.
When you claim a welcome or deposit bonus, the online casino will usually prohibit you from playing specific casino games; this is especially true for young casino websites with limited marketing resources.
Always check the bonus terms and conditions to ensure that any winnings may be used on the games you wish to play — otherwise, what’s the point? It’s rare to find a crypto casino that allows you to use your first deposit bonus funds on live casino games, but some do exist; you just have to read through the terms and conditions of a few different welcome bonus offers!
Today, all of the best Bitcoin casino websites offer cutting-edge customer support, ensuring that players can get in touch with someone if they have any problems while playing.
We take customer support extremely seriously and feel it is essential in today’s online gaming business. Thankfully, most of the top crypto casino websites now offer customer support 24 hours a day, seven days a week, so that you can reach out to a member of the team at any time of day or night.
So, why do we place so much emphasis on customer support? Many customers sign up for one of the many online casinos, deposit money, and begin playing – only to run into problems. Then, when phoning the casino, they ran into a brick wall, learning that getting through to customer service is actually rather difficult.
As a rule, we expect all new online casino companies to have a variety of ways to contact their customer service representatives. Most websites, for example, offer live chat support (which is nearly ubiquitous), while some also offer phone support.
Customer support is available by email at every casino we’ve ever visited, although response times are typically far longer. If you need to contact a website’s customer care team in New Zealand, we recommend using the live chat function to guarantee a smooth, quick, and efficient experience.
Any of the top crypto casino websites will have a mobile-optimised version of their website, which separates the excellent from the poor.
But what really constitutes a good mobile casino, and how do we assess them before recommending them on Casinomeister? First and foremost, we determine if the site has a mobile-specific version or is simply mobile-friendly.
If a casino’s website doesn’t offer a distinct mobile-optimised version, it’s nearly always a hint that it won’t be an ideal location to play. In today’s environment, it’s so simple to develop a mobile-friendly online casino site — failing to do so, in our opinion, just looks lazy.
One of the first things we’ll do when we come across a new crypto casino that provides a mobile-optimised version of their platform is to analyse the speed and performance.
We’ll examine how easy it is to register, how quickly the games load, whether depositing and withdrawing money is straightforward, how the customer support team communicates with mobile devices, and much more.
If we find a casino that offers a dedicated mobile app, we’ll be sure to test it out just as we do with their mobile-friendly websites. However, dedicated mobile apps are rare in the crypto casino industry, and we’re probably a couple of years away from that yet.
Other Gambling Products
Many Bitcoin casino websites boast more than just video slots, live dealer games, video poker, and classic casino games. Larger sites also have a bigger selection of casino games and other online gambling products — this is something we always like to see when looking at a crypto casino. After all, the more casino games on offer, the better, right?
A sportsbook, for example, is one of the most commonly available and well-liked non-casino products. Users in New Zealand may now play both casino games and place sports wagers at the same Bitcoin casino, although it’s not available at all sites, usually just the larger ones.
Another popular online gambling option is a poker room. While there are some poker-specific sites (the most well-known being PokerStars), many other Bitcoin casino sites provide poker and table games, many of which are available to players from NZ!
Another game that many players seek when deciding whether to join a Bitcoin casino is bingo. However, from our experience, it’s pretty rare to find bingo offered at a Bitcoin casino.
We should also point out: if you’re looking to claim a welcome bonus, a first deposit bonus or a multi-tier welcome bonus with more than one first deposit bonus, you can often find specific welcome bonus packages for these ‘other online gambling products.’
For example, many sites offer a welcome bonus/first deposit bonus for use in their live dealer casino. You can also sometimes claim a first deposit bonus to use in the sportsbook too, in addition to the main casino games deposit bonus!
History and Reputation
While many Bitcoin casino websites are relatively new in the grand scheme of things, that doesn’t mean you should ignore their background and history. Looking at a site’s reputation (including details about who the owners are) is a critically important factor to consider, especially if you’re planning on playing with large sums of money.
When we publish our Bitcoin casino reviews here at Casinomeister, we carefully consider a variety of criteria, such as the corporation behind the casino.
Do they have a good reputation on the forums? What do other gamers think about them? Have they ever been fined or sanctioned?
It’s critical to understand the individuals behind a Bitcoin casino since it’s one of the first ways you’ll be able to identify whether or not a site is legitimate. Some unscrupulous casino operators, for example, get their sites shut down just to reappear a few years later under the auspices of a whole new brand.
We also utilise our relationships in the online gambling business to ensure we know who owns a casino and who is behind it — if a site has a bad track record, a slick, modern-looking relaunch won’t fool us!
From Our Forum: Bitcoin, the Biggest Gamble?
Crypto Gambling: a Comprehensive Guide
A Bitcoin casino, also known as a crypto gambling site, is a gaming platform that allows users to make deposits as well as play with multiple cryptocurrencies.
At any Bitcoin gambling site, you’ll be able to play a wide range of casino table games, video slots, live dealer games, and progressive jackpot games from major software suppliers, whose popularity is growing as the cryptocurrency market expands.
The goal of this piece is to offer you an in-depth look at what to anticipate when you join a Bitcoin gambling site. We’ll also show you precisely where to get started with bitcoin gambling, even if you’ve never held a Bitcoin before or have no idea what cryptocurrency is!
Let’s begin by looking at the different types of crypto you can purchase:
Different Types of Cryptocurrencies
Below, we’re going to be taking a look at some of the different cryptos you’ll be able to use at crypto casinos – all of the best Bitcoin casinos offer all these cryptos, so you can play with the token you prefer!
Bitcoin has become one of the most commonly accepted payment methods globally since its start as a digital currency. You’ve almost certainly heard about it in the media if you haven’t been living in a cave for the previous five years.
People worldwide may now send money to one other without having to go through a bank or wait a long time. Today, most Bitcoin transactions are processed in 15 minutes or less.
Let’s go through the fundamentals of Bitcoin. Bitcoin was first created in 2009, in the midst of the financial crisis. According to its creator, Bitcoin was created as a way for the “average Joe” to reclaim control of their money after years of tyranny at the hands of giant institutions.
Fiat currencies, often known as “centralised currencies,” include the British Pound, the Euro, and the US Dollar. Bitcoin is a decentralised currency, although it is categorised as a cryptocurrency. While banks and financial organisations manage the former, the latter is controlled by a global network of users who control and authenticate each transaction.
The fact that a bank or financial institution has no power over your money is what makes Bitcoin so innovative. The fact that everything is community-based is also noteworthy; any modifications must be accepted by a majority of users, not simply a small number of wealthy investors.
Every crypto gambling site in the world accepts Bitcoin these days, thanks to its exploding popularity. In fact, Bitcoin was the first cryptocurrency to be used for gambling online, and it is still the most widely utilised cryptocurrency today.
Buying and selling Bitcoin is ridiculously simple; it’s accessible on every crypto exchange and dozens of websites where you can buy it with your debit or credit card. We believe it’s safe to say that getting started in the crypto gaming industry has never been simpler!
As the name indicates, Bitcoin Cash is a cryptocurrency that is extremely similar to Bitcoin. That’s because Bitcoin Cash is a fork of Bitcoin, and if you’re not sure what a fork is, we’ll explain.
In computer science, a fork occurs when developers utilise an existing piece of code and then begin developing it in a different path than the one for which it was originally designed. All code written before the fork is still valid — and in use — but any code written afterwards is unique to that currency alone.
A huge controversy erupted in the Bitcoin community in July 2017; transactions were taking much too long to process, and transaction fees were also rising, making everyone unhappy.
The blockchain was becoming crowded, and this never-ending series of ledgers was starting to really slow things down, with more transactions than ever. After all, Bitcoin had expanded well beyond what anybody could reasonably have expected.
This wasn’t an issue in the early days of Bitcoin because there weren’t nearly enough transactions to cause any noticeable issues. When transaction speeds began to suffer substantial delays, members of the Bitcoin community proposed raising fees even higher to speed up transactions.
On the other hand, others were dissatisfied with this and proposed changes to the Bitcoin protocol to maintain the fees the same.
Because of this dispute, supporters of redeveloping the Bitcoin protocol decided to do a hard fork, which meant that everyone who already held Bitcoin would also possess the equivalent amount of Bitcoin Cash.
While this created some worry initially, market volatility eventually subsided, and Bitcoin Cash is now treated like any other cryptocurrency. It’s frequently traded and is one of the most widely used digital tokens.
It’s also widely available at crypto gambling sites, both for deposits and withdrawals and for playing casino games. It’s incredibly straightforward to purchase and sell, making it an excellent coin for people new to the world of crypto gambling.
Ethereum is one of the most frequently used cryptocurrencies today. Like Bitcoin, it is a blockchain-based, decentralised platform that is directly backed by millions of machines. These devices collaborate to build an encrypted, secure, and impermeable blockchain of transactions.
Ethereum’s blockchain, similar to Bitcoin’s, creates a public ledger of all transactions that have been produced. The cryptocurrency’s name is Ether, although most people refer to it as Ethereum.
Ethereum made a major sensation when it was first released in 2015, and it soon grew to popularity in the crypto industry. It’s only meant for online transactions and follows the peer-to-peer concept that other cryptocurrencies use. While Bitcoin and Ethereum have many similarities, they also have significant differences. The speed with which transactions are handled is the most important.
On the Bitcoin network, transactions might now take up to 20-30 minutes to process, which is significantly longer than before. Some have questioned Bitcoin’s long-term sustainability as a payment option as a result of this. Ethereum’s aim to make this a reality has resulted in ETH transactions being completed in under 15 seconds on average.
Although it has had its own network congestion issues, Ethereum is still regarded as a quicker, more secure, and less expensive alternative to Bitcoin. Although Ethereum’s market capitalisation isn’t as huge as Bitcoin’s, it is worth hundreds of billions of dollars and is the world’s second most popular cryptocurrency.
Fortunately, Ethereum can be purchased on all major exchanges, making it really easy to get ahold of. Almost every Bitcoin casino accepts it, and Ethereum-specific casinos are popping up all over the place, indicating the currency’s rising popularity!
Litecoin is one of the biggest, and many analysts believe it to be Bitcoin’s most serious opponent when it comes to significant cryptocurrency players. Litecoin continues to please both users and investors, and it’s preferable to Bitcoin in many respects, despite their substantial differences in market size and coin value.
Litecoin is a clone of the original Bitcoin client that was established in 2011. It was developed by a Google employee named Charlie Lee, and the open-source code was first published on GitHub. Litecoin, like Bitcoin, uses a blockchain network to conduct transactions, but there are several critical distinctions between the two cryptocurrencies.
Firstly, Litecoin transactions are significantly quicker than Bitcoin transactions. A user making a Litecoin transaction may anticipate the cash to ‘settle’ in a matter of minutes, whereas Bitcoin transactions might take up to an hour these days.
Another significant distinction between the two digital currencies is that Litecoin has a proof-of-work method based on a memory-hard function. This implies that people who wish to mine Litecoin will have to spend more money on their rigs, taking longer.
While this may appear to be a disadvantage, it has allowed Litecoin to expand at a rate that it can adjust to, unlike Bitcoin, which imploded briefly due to its rapid expansion.
Litecoin may now be purchased and sold on all major cryptocurrency trading platforms.
Monero is a relatively young coin in the crypto industry. It was initially established in 2014 as an open-source cryptocurrency platform with a heavy focus on decentralisation, privacy, and ease of use.
High levels of security went hand in hand, and as a result, Monero was utilised by certain criminals on the Dark Web, earning it a negative reputation.
The way Monero is constructed is pretty intriguing. It’s based on a proof of work method, which means that each time a new transaction is broadcast on the network, the system gets more secure.
This one-of-a-kind procedure encourages miners to confirm transactions fast, and each time a new coin is mined and issued, the network’s security improves even more.
Monero’s popularity stems from the fact that all payments and transactions conducted on it are concealed from the blockchain, including the sender and receiver’s wallet addresses and the transaction amount.
This isn’t true of other cryptocurrencies, and it allows Monero users to be far more anonymous while making online payments.
While some may see this as merely a tool for criminals to hide behind, everyone has the right to privacy. Monero provides that anonymity to its users.
If we were having this conversation ten years ago, it would be nearly impossible to describe what Dogecoin is, let alone how it became one of the world’s most popular cryptocurrencies! But, since we’re here, let’s have a look at what Wikipedia has to say about this one-of-a-kind digital token:
“Dogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time. Despite its satirical nature, some consider it a legitimate investment prospect.
Dogecoin features the face of the Shiba Inu dog from the “Doge” meme as its logo and namesake. It was introduced on December 6, 2013, and quickly developed its own online community, reaching a market capitalisation of over $85 billion on May 5, 2021.
Dogecoin.com promotes the currency as the “fun and friendly internet currency”, referencing its origins as a joke. Elon Musk frequently mentions or talks about Dogecoin on his Twitter account, boosting its popularity a significant amount in recent years.”
With Dogecoin’s success at the start of 2021 and the influx of people who began trading Dogecoin for profit, it was only a matter of time before the crypto gambling industry took notice. A few months later, many of the world’s leading Bitcoin gambling site platforms began accepting Dogecoin for deposits and withdrawals.
While it may not be as widely available as Bitcoin or Ethereum, Dogecoin is now available on several popular websites. While it has no real value besides being a meme coin, it holds its value fairly steadily and allows for quick transactions, making it a good choice for many gamblers.
Dash is a cryptocurrency classified as an altcoin, meaning it was created using the same technology as Bitcoin and is a direct fork of the Bitcoin protocol. It’s a decentralised autonomous organisation controlled by a subset of its members known as masternodes, and it’s an open-source coin.
Dash was first established in 2014 by a guy named Evan Duffield, and it was known as Xcoin at the time. Dash had a lot of bad press in its early days. For example, it was widely used in pump and dump scams, prompting the coin’s inventor to rename it as Darkcoin.
Unfortunately, this had an even more detrimental impact since media outlets picked up on the name change and speculated that the coin was being used on DarkNet marketplaces to buy drugs and weapons.
After yet another redesign, Dash managed to disassociate itself from its tumultuous history, according to media reports, and Dash is no longer connected with any significant darknet marketplaces as of 2016.
Dash’s founder had two goals in mind when he created it: he wanted users to be able to profit from quicker transactions than Bitcoin could offer, and he also wanted a quick governance structure in place to address many of the difficulties Bitcoin was experiencing at the time.
“What distinguishes Dash from Bitcoin is that it divides its rewards into three categories: 45 per cent goes to miners, 45 per cent goes to masternodes (computers that provide network functions and have a large stake in Dash tokens), and 10% goes to its decentralised governance budget.”
This architecture is combined with a proof-of-work method that uses the X11 hash function. Dash isn’t the most popular cryptocurrency in the world — it’s presently rated about 12th — but it’s one of the more well-known names in the crypto gaming sector, and it’s available at several of the casinos we’ve mentioned below.
Thankfully, Dash is also straightforward to purchase and sell these days, with several of the world’s top crypto exchanges providing buy and sell options for the cryptocurrency. It’s also commonly sold on P2P exchanges, so you shouldn’t have any trouble getting your hands on it.
Ripple is one of the more unusual ways for users to transmit cryptocurrencies over the internet. While Ripple isn’t a cryptocurrency, it does have a digital currency called XRP that functions similarly to the other cryptos we’ve looked at. So, what precisely is Ripple if it isn’t a cryptocurrency?
Ripple is a real-time gross settlement system, currency exchange, and remittance network founded in 2012 by Ripple Labs Inc, a business located in the United States.
The platform is based on an open-source protocol that can handle various fiat currencies, digital tokens, commodities, and other values, like frequent flyer miles and mobile phone minutes.
“Ripple claims to offer “secure, instantaneously, and practically free worldwide financial transactions of any size with no chargebacks,” according to the creator.
However, instead of delving into too much depth regarding the Ripple protocol, we’ll focus on XRP for now. XRP is the company’s digital token and cryptocurrency, and it functions in a similar way to other cryptos, with transactions taking place on a public, decentralised Blockchain.
The way XRP records transactions, on the other hand, is where it truly stands out. Instead of using a traditional blockchain, it uses a common shared ledger, a distributed database that stores information from all Ripple accounts. It’s then managed by an independent network of servers that compare transaction records in real-time to ensure that any transactions are made are legal. They claim:
Ripple immediately verifies accounts and balances for payment transmission and sends payment notice in a matter of seconds. There are no chargebacks, and payments are irreversible.
While XRP isn’t one of the most popular cryptos, it can be found at a few Bitcoin casinos, and it’s worth mentioning because some of the finest Bitcoin casinos are starting to support it and enable players to make deposits and withdrawals with it.
Cardano is one of the lesser-known cryptocurrencies. However, it has been gaining traction in the last year or two and has had reasonably consistent growth since its inception in 2017.
Cardano is an open-source and decentralised Blockchain platform that uses a proof-of-stake mechanism to carry out and verify transactions. It lets users conduct peer-to-peer transactions and does so using its own internal money, Ada.
Cardano was established by Charles Hoskinson, who was also a co-founder of Ethereum. The creation took place in Zug, Switzerland. It is now the largest cryptocurrency to utilise a proof-of-stake blockchain, considered more environmentally friendly than other blockchains, which may consume a lot of energy and power.
Cardano has done well from the start, despite being a relatively obscure brand to many people. When it first entered the crypto world, it had a market worth of $600 million, and by the end of 2017 — the year it became public — it had a market cap of more than $10 billion.
Its market valuation soared to $33 billion in 2018, but it plummeted the following year, with the worth reverting to about $10 billion.
Despite not doing as well as other cryptos, Cardano remains a popular currency, with many advocates claiming that it is the way forward to provide a more environmentally friendly blockchain network.
While not all of the finest Bitcoin casino sites accept Cardano for deposits and withdrawals, an increasing number of them do, allowing you to play your favourite casino games and join other Bitcoin casinos while making Cardano payments and withdrawals.
However, like with Bitcoin Cash, acquiring Cardano can be difficult; it isn’t accessible on many exchanges, and you may have to hunt a little harder to locate a site where you can buy and trade it.
Stellar is one of the most recent cryptocurrencies to ‘break into the mainstream.’ While it still has a long way to go to catch up to Bitcoin and Ethereum, it is a popular cryptocurrency developed by the Stellar Development Foundation.
Stellar was established with the intention of providing consumers with more security, cheaper transaction costs, and improved dependability. Stellar, like other cryptocurrencies, was built on an open-source, decentralised network that lets users conduct cross-border transactions using whatever currency combination they like.
This is a simple concept that even Bitcoin can’t replicate, and it might open the way for businesses to abandon traditional banking and payment systems in the future.
Despite its tiny size (at least in comparison to other cryptos), Stellar has a very high daily trading cap, with a 24-hour trading volume of over $1 billion!
Several crypto casino sites have just begun to accept Stellar for deposits and withdrawals, and some significant sites, like 1xBit, have recently integrated it into their platform so that it may be used to play casino games as well.
While Stellar isn’t now accessible at all of the best Bitcoin casinos, it’s probable that it will be in the near future.
How to Buy, Sell and Trade Cryptocurrency
Buying cryptocurrency may appear to be a difficult job at first, but it gets much easier once you know how to do it and where to obtain it.
That’s why we’re offering a mini-guide on this page, showing you how to buy, sell, and trade cryptocurrency — and where to do so.
Step 1: Choose Where to Buy
The first step in acquiring cryptocurrency is to choose a reliable exchange.
An exchange allows you to buy, sell, trade, and hold Bitcoin and other cryptocurrencies. In general, you should try to use an exchange that enables you to withdraw your crypto to your own private wallet; if the site does not provide this feature, you will be unable to send any crypto to a casino.
This is also a consideration if you want to store your Bitcoin somewhere besides an exchange, like in your electronic wallet.
Some exchanges enable you to buy Bitcoin while staying anonymous, but you’ll most probably need to undertake a KYC check to confirm your identity, especially if you’re in the UK.
If you locate a decentralised exchange that lets you trade privately, be cautious since there is generally no intermediary; you will be dealing directly with the seller.
While there are numerous exchanges in operation today, a handful of them stands out above the rest. For example, Kraken, Coinbase, Bitsttamp and Coin Jar are all widely recognised as market leaders. They’re also financially regulated, which ensures your assets are safe.
All of these exchanges let you buy cryptocurrencies with debit and credit cards, so it may sometimes take only a few seconds (after passing the KYC check) before you can start purchasing.
Step 2: Register an Account
Once you’ve decided on an exchange (and we highly advise you to use one of the sites recommended above), you’ll need to set up an account.
Typically, you’ll be asked to provide some personal information, such as your mobile number, email address, date of birth and residential address.
While not required at all exchanges, many will need you to set up two-factor authentication; this is a means to guarantee that your coins are protected if someone steals your password. You simply need to authenticate each time you wish to withdraw coins from your wallet by text message or app.
Go ahead and create your account and then proceed to the next step; you’re getting closer and closer to claiming a fantastic first deposit bonus and playing your favourite casino games!
Step 3: Verify Your Account and Link Your Payment Method
When you join a reputable exchange, you will almost always be requested to provide evidence of your identification. This means that you will be required to provide a few private documents when you register your account.
Depending on the exchange, this may include a driver’s license, passport, and, in certain circumstances, verification of where your money is coming from.
You will be able to add your chosen payment method once the exchange has validated your identification (this might take anything from a few seconds to a few days).
The vast majority of platforms will allow you to link your bank account straight to the exchange. You could also use bank cards to buy Bitcoin and cryptocurrencies, although doing so usually involves additional verification procedures.
Furthermore, the costs for purchasing cryptocurrency using your card can soon add up; exchanges charge higher prices for trades executed with debit and credit cards for various reasons.
Keep in mind that certain banks will restrict payments to a few of the main exchanges, especially if you use debit or credit cards. This is because banks dislike cryptocurrency and see it as a high-risk environment. It’s something to keep in mind.
Step 4: Buy Your Coins!
It’s time to place your order now that your profile is fully operational and you’ve decided which payment method to use!
If you wish to purchase your coins through bank transfer, you must first deposit funds into your account in the form of NZD; when finished, you simply purchase your cryptocurrency using the NZD funds in your exchange account.
If you wish to buy cryptocurrency with debit or credit cards, place an order and choose debit or credit cards when checking out. You may then be required to complete extra verification.
Your Bitcoin or other cryptocurrencies will be instantly available in your exchange wallet when your purchase is complete. You can then choose to keep, sell, trade, or withdraw these currencies.
Step 5: Send Your Crypto to the Casino
Making a payment with cryptocurrency from your wallet is simple, and all you’ll need to do is go to the Bitcoin casino you’re playing at, browse to the cashier, and note the wallet address down.
Once you’ve completed this (be careful to double-check it to ensure you haven’t missed any digits or characters), return to your exchange wallet, load it, and click ‘send.’ Input your Bitcoin casino wallet address, select the amount of money to transfer, and complete the transaction.
As soon as you complete this step, the exchange will publish your transaction to the Bitcoin blockchain. It might then take a few minutes to appear. In rare cases, Bitcoin payments can sometimes take a few hours, but this is relatively uncommon and only happens when the Blockchain network is overly congested.
That’s about all there is to it. Of course, Bitcoin exchanges aren’t the only way to obtain Bitcoin, and we’ll look at a few additional options below. But first, we’ll go through the basics of a Bitcoin wallet and look at the two primary types of wallets accessible.
Different Types of Bitcoin Casino Bonuses
If you’re like many members of our community, you may well be looking to claim deposit bonuses, free spins and more when you begin playing at a crypto site. Whether you’re playing with Bitcoin, Dash, Ethereum, Bitcoin Cash, Litecoin or Dogecoin, there’s plenty of deposit bonuses available. Below, we’re going to look at the three main types of bonuses you’ll find offered at crypto-focused casinos.
No Deposit Bonus
No deposit bonuses are becoming increasingly rare since casinos can no longer justify giving them out due to diminishing operating margins and increasing fraud rates.
However, if you know where to search, you can still find no-deposit offers, albeit their value is often restricted to $10 or less. If you’re eligible for a no-deposit bonus, the bonus cash will be removed from your cash balance once you’ve completed the wagering requirements, as specified in the bonus terms and conditions.
You may also need to use no deposit bonuses and no deposit free spins on specific games. This is especially true in the case of claiming free spins; usually, a casino will have a pre-set list of games where you can play your free spins. Also worth noting is that no-deposit bonuses usually can’t be played on table games – although some live table games may be allowed.
Another thing to remember about no deposit bonuses is that most casinos have a maximum withdrawal limit. It is common for websites to cap the amount of money you may earn through bonuses at $100, for example. That may not appear like much, but remember that this is basically free money, so it’s not all bad!
Matched deposit bonuses are probably the most common type of welcome promotion you’ll encounter. Almost every crypto casino offers matched deposit bonuses to new players, and they’re a great way to test out your favourite video pokies and betting tables without risking more of your own money.
Numerous casinos, for instance, will double your first deposit up to $1000. That means that if you make a $50 deposit, the casino will double it and load your account with an additional $50.
Of course, all bonuses come with terms and conditions; there are wagering requirements attached, and you’ll usually find that certain table games (excluding some live table games sometimes) are excluded. If you ever have any questions, simply reach out to the customer support team, who’ll be able to answer your queries.
Free spins are among the most popular casino promotions, and Bitcoin casinos offer a wide variety of free spins promotions — both to new and existing players. For example, you may be able to claim free spins just for signing up – or the casino may credit your account with 100 free spins, even 200 free spins, when you make your first deposit.
These free spins can then be used on a wide variety of video slots, often from leading software providers like Pragmatic Play and Play’n Go. Some sites are even offering wager-free free spins now, so you don’t have to worry about any wagering requirements!
Advantages of Crypto and Bitcoin Casinos
There’s plenty of advantages to playing at bitcoin casinos, and below, we’re going to begin by taking a look at the main pros and cons of doing so.
Because Bitcoin transactions are anonymous by nature, your personal and sensitive information is not exposed to casinos when you make deposits and withdrawals, as it would be if you used debit and credit cards or e-wallets.
While your crypto wallet is undoubtedly related to your transaction, there is no identifying information associated with it. Furthermore, because all Blockchain transactions are encrypted, there is no way for hostile third parties to ‘hack’ or steal your personal information.
The second big advantage of crypto is that it has very cheap costs, which you’ll notice at the finest Bitcoin casino sites. While you may be charged a small fee when acquiring bitcoin or completing a transaction, it is generally negligible, and, when compared to other traditional payment methods, it is far less expensive.
Instant Deposits and Withdrawals
The ability to make near-instant deposits and withdrawals is the third key benefit of utilising bitcoin; for example, after you make a withdrawal and the Bitcoin gambling site approves it, the cash will be made accessible in your crypto wallet very instantly.
That means you won’t have to wait days, if not weeks, like you, would with traditional payment options like debit and credit cards or electronic wallets.
Better Bonuses and Promotions
One of the reasons why so many players have started to turn towards crypto casinos is that generally speaking, the best bitcoin casinos can offer a better welcome bonus, a better deposit bonus, and more free spins than conventional online casinos.
With conventional online casinos, every time you make deposits and withdrawals, they have to pay transaction fees. These can be as high as 3%, which can really add up over time. Crypto casinos aren’t subject to these fees, and this means that they have more money to invest back into their players.
For example, you may find that their first deposit bonus at many crypto casino platforms offers you not just one deposit bonus but multiple deposit bonuses that make up a welcome bonus package. It may also include free spins. This first deposit bonus is also likely to have lower wagering requirements.
It’s this generosity — especially when it comes to the welcome bonus and deposit bonus — that entices so many players into joining. Plus, the ongoing promotions at the best bitcoin casino websites are usually much better than those found at most online casinos!
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Disadvantages of Crypto and Bitcoin Casinos
Below, we’ll look at the main disadvantages of playing at crypto casinos and what you should be wary of when joining a new site.
Often Weak Licensing
Except for a few rare scam artists, every Bitcoin casino will have some sort of online gambling license. This online gambling license permits them to provide casino games to players from all over the world.
A government-appointed agency generally gives an online gambling license, and it serves as a method to guarantee that Bitcoin casinos treat their customers properly and operate within the law.
When things go wrong, such as if you don’t get paid your winnings or if you have a complaint that the online casino isn’t resolving, you may take your complaint to the regulator, who can then make a legally enforceable judgment that the casino must obey.
However, there is some ambiguity surrounding licensing regarding Bitcoin casino websites; many Bitcoin casino sites are licensed in Curacao, a notoriously weak regulator that frequently fails to take action when its licensees clearly violate their license terms.
This is why it’s critical to only play at a Bitcoin casino you know and trust. With so many Curacao-licensed clip-shot joints accepting players these days, you could easily end up playing at a poorly-run online casino that refuses to pay your winnings. If this happens at a Curacao-licensed casino, you’ll have a slim chance of ever seeing your money.
Because no one controls the blockchain, you’ll have a hard time getting an issue with a transaction fixed. While either your wallet provider or the crypto casino may give some kind of customer service, they have no influence over the blockchain.
Furthermore, if the monies in your crypto wallet are stolen, they will be untraceable, and you will have a minimal chance of recovering them. We see it like this: it simply serves to reinforce the importance of using a good crypto wallet and ensuring that your money is adequately safeguarded. This is, of course, one of the topics we’ve addressed in this tutorial.
One of the most significant disadvantages (although if you trade, it can be a massive advantage) is that crypto is so volatile. That means the price of crypto can rise and fall dramatically. Let’s look at a great CNBC article about Bitcoin and why it’s so volatile:
“Part of what makes bitcoin valuable is the fact that it is scarce. There are 18.7 million bitcoin in circulation, which is nearing its maximum threshold of 21 million.
New bitcoins are created as a reward for miners, who contribute their computing power to verifying transactions across the decentralised network. Over time, the size of these rewards decreases, so each new completed block earns miners less than it used to.
As a result, the supply of bitcoin is perfectly inelastic. “A rise in demand cannot result in the increase in the supply of bitcoin or increase the speed at which bitcoin is issued,” wrote Ria Bhutoria, former director of research for Fidelity Digital Assets.
Bitcoin’s value is also derived from its decentralised network. There is no central authority which has the power to intervene in the bitcoin market.
“No central bank or government can step in to support or prop up markets and artificially subdue volatility,” continued Bhutoria. “Bitcoin’s volatility is a trade-off for a distortion-free market.”
Plus, bitcoin is still very new.
″[It’s] only 13 years old and thus doesn’t have much of a trading history,” explained Peter Boockvar, chief investment officer at Bleakley Advisory Group. “While a company that went public yesterday in an IPO doesn’t have any history, a company can at least be evaluated on its business prospects, earnings and cash flow.”
Because bitcoin is still a nascent asset class, it remains in the price discovery phase.” [It’s] the most volatile of any asset’s life cycle,” said Mike Bucella, Blocktower Capital general partner.
“Bitcoin has clearly established itself as a new form of value, but the terminal value is still undefined,” continued Bucella. “That information gap lends itself towards a momentum, or technically driven market, absent new information.”
The path to true price discovery is often fraught with seismic price swings, but Bhutoria points out that the alternative is artificial stability, which can result in distorted markets that may break down without intervention.”
How to Buy Cryptocurrency
A variety of options exist for buying bitcoin to use at the Bitcoin casino you’d like to join. We’ll go through them all below.
In order to convert your fiat currency into cryptocurrency, the most “automated” method is to use an exchange site.
They operate as a middleman for the well-known decentralised commodity by purchasing your Bitcoin on your behalf. One of the most well-known and trusted exchanges to use is Binance. Therefore we recommend doing business with them when you can. After that, we’ll take a look at a few well-known markets.
There are a few stumbling blocks to getting started on these exchanges.
To comply with various “know your customer” regulations, you may need to provide the firm with specific identification papers based on your jurisdiction. Your papers will be examined and validated, and that might take a few days.
Connect your bank account as soon as your account is set up so that you may receive your cash out as soon as your transaction is complete. Purchasing with your card is also possible by linking your debit and credit cards.
Purchasing cryptocurrency is as easy as creating an account and logging in. The funds are then stored in your online wallet, precisely as we saw earlier. As a rule, if you’re new to Bitcoin gambling sites, choose an exchange like Binance or Coinbase.
As a result, they’re pretty user-friendly. You may move money from your exchange wallet to the crypto casino you wish to play at quickly and easily.
Top Crypto Exchanges
Below, we’re going to look at a few of the world’s leading crypto exchanges. All of these are licensed, easy-to-use and user-friendly, and you’ll be able to begin buying crypto and getting started in no time!
When it comes to buying Bitcoin and crypto online, Coinbase is the daddy. It’s the biggest site, by far, in terms of the number of users who purchase crypto through it each day. What’s made Coinbase so unique, however, is the fact that they’ve made their user interface incredibly easy-to-use and easy to navigate.
Signing up for an account takes just a couple of minutes. They now offer instant verification, so you simply upload your ID documents (for the know-your-customer (KYC) check), and their automated system will validate them instantly.
Buying and selling are easy on Coinbase, and you can use debit and credit cards or bank transfers. What’s more, they also offer PayPal when it comes to withdrawals — something you won’t find at any other crypto exchanges!
Founded in 2012, Coinbase is truly an industry leader in the crypto world, and they’re now a publicly-traded company – so you don’t have anything to worry about when buying/selling with them.
Binance is another major contender for exchanges. While it’s geared more towards expert traders, it’s still a fantastic option for those looking to purchase crypto for use at the best Bitcoin casinos. Here, take a look at what Wikipedia says:
Binance is a cryptocurrency exchange that is currently the largest exchange globally in terms of the daily trading volume of cryptocurrencies. It was founded in 2017 and is registered in the Cayman Islands.
Binance was founded by Changpeng Zhao, a developer who had previously created high-frequency trading software. Binance was initially based in China but later moved its headquarters out of China following the Chinese government’s increasing cryptocurrency regulation.
Binance is incredibly easy-to-use and easy-to-navigate, and, like Coinbase, they now have automated know-your-customer (KYC) checks so you can open your account and begin buying using debit and credit cards immediately!
Kraken is another of the major crypto exchanges, and this US-based company was first launched back in 2011, making it one of the oldest names in the game. While the site doesn’t offer as many cryptocurrencies as Binance, they offer all the main ones, including Bitcoin, Ethereum, Dogecoin, and they support multiple fiat currencies.
Kraken offers a wide variety of payment methods for you to make deposits and withdrawals into and out of your account too. However, we recommend you choose bank transfer for your withdrawal method as it’ll ensure the fastest withdrawals.
One of the things we like about Kraken is that their fees tend to be a bit lower than Coinbase’s. That means that whenever you purchase crypto, you’ll be getting a bit more for your buck — while it’s not always a huge saving, it does add up over time.
Due to limited payment options on major exchanges like Coinbase and Kraken, many crypto investors opt for peer-to-peer platforms like Bittrex and Huobi instead.
A few of the most well-known peer-to-peer services enable you to utilise a wide range of payment methods. Additionally, because of the escrow mechanism, you’ll have more freedom without sacrificing security or safety.
When you acquire coins using a P2P network, you’re doing so from a single trader. You’ll be presented with a slew of ads, each displaying the payment method you may use and the current value of the coin you’re interested in purchasing.
Once the deal has begun, the cryptocurrency is placed into escrow, and you are asked to provide a few pieces of identification documentation. After that, all you have to do is pay for the item, and the seller will release it to you after receiving your money.
If you have any expertise with P2P platforms, you can obtain somewhat better rates on them than you can on the more renowned exchanges since they are less complicated to use.
Direct From the Casino
While this technology isn’t accessible at all Bitcoin gaming sites, it is becoming increasingly prevalent — and rightfully so.
MoonPay is one such service, and all you have to do is pick how much of a certain cryptocurrency you wish to deposit at a Bitcoin casino, input your email, address, and phone number. The software’s state-of-the-art verification program will instantly verify you — no waiting required!
Naturally, there is a little cost for this service. Still, it eliminates the need for exchanges or peer-to-peer networks, and your money will be available in the crypto casino practically instantly!
All of the finest Bitcoin gambling sites are using MoonPay’s technology, which makes it much easier for gamers like you to buy a cryptocurrency when playing at a crypto online casino.
In-Person Cash Trading
It’s also possible to buy Bitcoin and other cryptocurrencies in person, but this comes with a lot of danger, especially if you’re buying large quantities of coins from someone you don’t know.
It works like this: you find someone online (on Facebook, Gumtree, or Craigslist, for example), and then you meet them in person. You hand them the cash, and they deposit it in your wallet right away.
This isn’t a recommended approach for a multitude of reasons. Finding someone selling coins in person is not only hazardous, but it’s also far more difficult. In most cases, this service is only offered in bigger cities.
Furthermore, with more crypto exchanges than ever before, there’s no need to acquire cryptocurrency in person; it’s an added hassle that, to be honest, isn’t required.
How to Deposit and Withdraw Using Crypto
To begin playing at Bitcoin casinos, you need to be able to deposit funds into and out of your personal wallet account — while it’s relatively easy to make deposits and withdrawals like this, it can be a bit confusing at first.
Follow our handy guide below to learn exactly how to make deposits and withdrawals to and from the best Bitcoin casino sites!
Depositing at a Crypto Casino
Depositing at crypto casinos is incredibly easy. However, it can be a bit daunting, especially if you’re new to crypto and don’t have much experience! At this point, we’re going to assume you already own the cryptocurrency that you’d like to deposit.
First, you need to head to the online casino you’ve chosen to join and navigate to the cashier. Copy down the ‘wallet address’ you see and then head back to your wallet, where your coins are.
You’ll then need to find the ‘send’ button and enter the wallet address you just copied over from the Bitcoin casino. Once you’ve done so, choose how much you want to deposit and then confirm the transaction.
As soon as you’ve sent the funds, you’ll see them appear in your online casino account. However, be aware that some online casinos require your transaction to be confirmed several times before they’ll credit your account with the funds.
Withdrawing from a Crypto Casino
When you’re ready to make a withdrawal from the online casino, it’s pretty easy. Just as we saw when making a deposit, you’ll need to head to your wallet and copy the address. Be careful not to miss any characters or numbers!
Once you’ve copied the address down, head back to the online casino and navigate to the cashier. There, you’ll need to select crypto as your withdrawal method, choose how much you want to withdraw and enter your wallet address.
Once the Bitcoin casino confirms your withdrawal (some confirm withdrawals automatically while others manually approve them), the funds will be available in your wallet within a few minutes. However, you may have to wait 5-10 minutes for the coins to confirm before you can sell them.
Once they’re back in your wallet, you can sell them, leave them in your wallet (make sure your crypto wallet is secure if you’re choosing this step), or you can send them to another Bitcoin casino!
Can I claim free spins at a Bitcoin casino?
Yes! Almost all Bitcoin gambling sites offer free spins promotions, whether in the form of no deposit free spins or free spins as part of their deposit bonus/welcome bonus package. Head to virtually any Bitcoin casino you see listed on this page, and we’re willing to bet you’ll find some kind of free spins promo listed on the website!
Thanks to the fact that crypto casinos have much lower overheads than conventional online gambling sites, they can offer much more generous promotions. Free spins are one of the most popular promotions, so you can begin playing your favourite video slots without having to risk any of your own cash!
Are Bitcoin casinos legal?
At the time of writing, there are no online gambling regulators that have ruled explicitly that Bitcoin gambling and other cryptocurrency gambling is illegal. In short, no, Bitcoin casino sites are perfectly legal.
However, whether a specific Bitcoin casino is available to you or not depends on the license the online casino holds and the country in which you live. If you’re in the UK, for example, then you won’t be able to play at most Bitcoin casinos as the UKGC has been quite funny in not issuing any guidance surrounding crypto gambling; because of this, most online casinos have stayed away.
Kiwis, however, can enjoy a wide variety of Bitcoin gambling sites – and yes, if you’re located in New Zealand, it’s perfectly legal to play at all crypto sites!
What are provably fair games?
Provably fair games are a unique variation of casino games that can only be found at crypto casinos. Unlike conventional casino games and video slots – as well as video poker, live dealer games and progressive jackpot games – which use random number generators to get the result of the spin/hand, provably fair games use the blockchain instead.
This also means that when you play provably fair games, you can actually check the randomness of the game yourself; each game round has a unique ID that appears on the blockchain, and you can look at this, thanks to the fact it’s open-source software, to make sure the game you’re playing is, truly, fair and random!
What different cryptocurrencies can I use at Bitcoin casinos?
Today you’ll find yourself able to use more cryptocurrencies than ever before when playing at Bitcoin casino sites, and aside from Bitcoin, you’ll also notice that the best Bitcoin gambling sites let you use cryptos such as Litecoin, DASH, Ethereum, Monero, Litecoin and Bitcoin Cash.
While not each of these cryptos is exactly the same, most can all be purchased from the exchanges and marketplaces we covered in this article – and some crypto casino sites even allow you to purchase the crypto directly through their website!
How do I find safe crypto sites?
If you’re looking to play at the best Bitcoin casino sites and take advantage of great first deposit bonuses, generous welcome bonus packages and claim loads of free spins while gambling in a safe and secure environment, then it’s vital you choose one of the crypto casinos shown here on this page.
All of these sites have undergone a huge range of checks from our team. They offer provably fair games, are fully licensed and operate like any other leading online casino.
Browse the list of Bitcoin casinos at the top of this page and choose one that you like the look of! You can then create your account and claim your first deposit bonus!
How long do crypto deposits and withdrawals take?
When you make deposits and withdrawals to Bitcoin casinos, the transaction is instantly registered on the blockchain. That means that you’ll be able to head to any of the best Bitcoin casino sites you’ve chosen to play at, and you’ll see your transaction pending.
It will then take anywhere from a couple of minutes to 15 minutes to ‘confirm’, at which point the funds will be credited to your online casino account. However, it’s important to note that the money is only as quick as the speed at which the Bitcoin gambling sites process your withdrawals when it comes to withdrawals.
For example, crypto withdrawals at some Bitcoin casinos are instant. At others, they’re manually dealt with. It really depends on where you play.
Do I pay fees when I use crypto?
You don’t pay any fees to a bank or central financial authority, no. However, when you make deposits and withdrawals using cryptocurrency, you pay a very small transaction fee to make sure that your payment is promptly processed on the blockchain network.
One of the major advantages of crypto is that it doesn’t matter how much your transaction is worth. The fee is always the same, and it’s typically minimal, no more than 10 cents or so. You can, however, choose to set a higher fee if you’d like your transaction to be confirmed quicker.
How do I buy and sell Bitcoin and cryptocurrency?
Today, there’s a wide variety of ways to purchase and trade crypto; the most common method is to use a cryptocurrency exchange like Coinbase or Kraken. These allow you to make a cash deposit using debit and credit cards or bank transfers, and you can then instantly buy the crypto you want. P2P marketplaces are another option, and here, you trade directly with the seller, paying them straight into their bank account.
There are also some alternative methods like using Bitcoin ATMs and meeting people in person to exchange cash. However, these aren’t recommended, nor are they needed for the average gambler who wants to start playing at the best Bitcoin casinos.