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April 16,2021

Bitcoin Casinos

Cryptocurrency passed a long way to become full-value money on the international market. Today people can use crypto in e-shops, marketplaces, land-based stores, and even casinos. QYTO becomes your guide in the bitcoin casino UK community. Here you can find not only a variety of casino games but honest bitcoin casino reviews, details about frequent and huge payouts. Moreover, we are going to explain anonymity and safety of withdrawals with crypto. Speaking about such phenomena like bitcoin gambling sites that appeared about 10 years ago, such giants still catch professional gamblers’ minds worldwide.

On the page, you will see the number of trusted casino sites where you can deposit with Bitcoins and instantly withdraw your wins. No personal information disclosure or paying high fees. We also present independent reviews on new gambling platforms that support this kind of currency. You will learn the conditions of payments with crypto and see the selection of the top casino games that accept BTC bets. Perhaps, in the future, cryptocurrency will replace conventional money and totally invade the market. But now you can look at the criteria we use to create a complete guide dedicated to online crypto casinos for players living in the United Kingdom. We are about to start.

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Bitcoin Gambling Background — What you Need to Know

Bitcoin or BTC is the very first cryptocurrency that was created by mysterious Satoshi Nakamoto in 2009. This cryptocurrency works on blockchain technology, a decentralised database which is designed to store sequential blocks with a set of characteristics. The blockchain is not tied to any physical assets or official fiat currencies. The price of the digital BTC money is regulated only by market supply and demand among customers. Today, thousands of transactions with crypto money are carried out regularly. Simply speaking, Bitcoin is digital money that has its rate concerning another currency.

In the United Kingdom, bitcoins were considered single-purpose vouchers subject to VAT (value-added tax). In 2014, the status of BTC was reconsidered and the UK government decided this is not a currency or money at all. Therefore, fiscal legislation of the country cannot regulate bitcoins. And this currency is not subject to the terms of money-laundering law.

In 2015, the British government adopted some restrictions regarding BTC in gambling.

Finally, in the summer of 2016, the UK government accepted cryptocurrency as a method of payment in online casinos. The same year, NetBet became the first crypto casino licensed by the UK Gambling Commission, an authoritative regulator that controls gambling businesses and protects the players’ rights all around the world. A reborn of bitcoin happened on the gambling market and this niche is still developing and growing in popularity till our times.

Since 2020, FCA (Financial Conduct Authority) controls crypto assets to reveal and eliminate the financing of terrorism and money laundering. Moreover, FCA continues to work with the government and the Bank of England to analyze and decrease potential risks associated with cryptocurrency, as well as to encourage and develop innovation in the interests of consumers in this area.

How To Get Bitcoin For Gambling Online?

The world knows several ways to receive BTC for gambling purposes. The main methods to get bitcoins are listed here:

  • Cloud mining is the best way to obtain Bitcoin in 2021. It is a rental of the power of a cloud mining service as a contract for a year. All the cryptocurrency mined by this power goes to your account. However, you need to remember that among cloud mining services a lot of scam sites exist. You can only trust old and proven services.
  • Buying cryptocurrency. This is the easiest way to get BTC. You can pay money to buy electronic currency on crypto exchanges. It is worth saying that on exchanges the rate of cryptocurrencies is more favorable than on other services.
  • Faucets. The only free way to get bitcoins is a very time-consuming method that does not require any effort. The user of the service only needs to click on advertising banners and videos, but the transition cost is very low. Sometimes UK casinos provide bitcoin faucets for users to receive free satoshi and play casino games.

Like bitcoin itself, the hype and the need to be part of innovative technology caused the growing popularity of bitcoin casinos. Besides, these casinos offer features such as anonymity and privacy that traditional casinos usually do not guarantee. Generally, players prefer to stay anonymous for security reasons. But knowing players’ profits makes them an easy target for theft and fraud activities by third parties.

Best bitcoin casinos do not require a transaction fee but instead, offer free unlimited daily transactions. On the other hand, traditional fiat-currency casinos provide limits and fees on their payments.

Another huge benefit is that any user can get access to a selection of bitcoin games from any part of the world. This promotes inclusiveness in gambling and invites professional gamblers to take a seat at the table and play. These casinos also work 24/7, erasing the time zone barriers that restrict players from different countries.

The digital nature of bitcoin casinos changed some of the games and generally make the rules easier. As a result, more and more people are choosing to use BTC for gambling online. They manage to avoid the close scrutiny of the authorities and make players feel like members of a private gaming community.

Top 3 Gambling Sites Accepting BTC

The UK casino sector online is highly regulated, well-developed, and competitive at the same time. Recent changes in legislation have led to greater transparency. It also ensured that players are protected from dishonest operators’ behavior. The laws have even become stricter regarding the participation of minors in gambling.

All of these efforts are aimed at responsible gaming. Moreover, this is also the major reason why the UKGC is considering the use of bitcoins as a method of withdrawing or funding an online casino account. Now Brits may find more reliable BTC casinos on the Internet. But we want to simplify the process of searching for our UK users. Here we present the top-trusted operators that accept Bitcoins:

#1 NetBet

netbet

This casino became the first UK licensed operator to accept BTC payments. NetBet Casino offers over 400 different games, including an excellent selection of roulettes, about a dozen types of blackjack, poker, video slots, progressive jackpot games, and other entertainment. On the website, players can receive a lot of bonuses like welcome promotion and loyalty benefits for regular customers.

#2 BitStarz

bitstarz

Players from the United Kingdom may not have seen many online casino sites with bitcoin that accept UK residents. However, here is the Bitstarz website. There you can find a wide collection of games — from roulette and blackjack to progressive jackpot and video slots — there is something for everyone. Moreover, the live casino has many bonuses. Bitstarz has one of the most valuable welcome bonuses to claim. The site even has a page dedicated to bitcoin users. They also have a guide on how to play online casinos using BTC.

#3 Casino Joy

btc casino joy

Here is another UK casino website that accepts bitcoins. You will find here more than 1,300 games from top-rated developers like NetEnt, Evolution Gaming, Yggdrasil, and others. In addition, users may rely on welcome bonuses while playing live casino and slot games, weekly promotions, and a generous VIP program.

According to the UKGC, online gambling operators providing bitcoin as a payment method must comply with applicable gambling laws. In addition, the UK gambling regulator has stated that to offer gambling services and products in the UK, each operator had to be licenced. All platforms we described above certainly meet this requirement.

UK Best Bitcoin Casinos — QYTO Guide

If you are not sure how to choose the right place for safe gambling with bitcoin, QYTO experts provide their own scheme for picking a bitcoin online casino in the UK. You have to understand that the proper choice is the step towards successful gameplay. Check out the ultimate points that can influence both your pockets and the playing process. Go ahead:

Security For Gamblers

To pick the right bitcoin casino, licensing really matters especially if you want to save your data. Every good operator accepting players from Great Britain must obtain at least the UK Gambling Commission (UKGC) license. However, several casinos have certificates from other institutions that are also acceptable and meet British government requirements. For example, the Malta Gaming Authority (MGA), Curacao Gaming Control Authority, or Alderney Gambling Control Commission.

Licensing always means safety for British gamblers. To see certificates, you need to scroll down to the bottom of the site. There you will see all licenses a casino got and even can check their activation status by clicking on the link.

Provably Fair Gameplay

We also have to name an ultimate feature a Bitcoin casino website must provide. It is a Provably Fair technology. This is a revolutionary method of confirming the fairness of a draw, which became possible only with the advent of cryptocurrencies.

To confirm the equal chances of the participants, special hash signatures are used – they are unique for each bet and participant. Players can check their bets any time and make sure that everything is fair and there are no robots, fake bets, or other tricks involved in the game as it happens in ordinary casinos.

T&C Document

We insist you must read the T&C of a casino, and only after attentive reading, you may put a tick on the “I agree” button. Let us explain why. A long text of the Terms and Conditions agreement may contain several conditions that will take your whole bankroll away. And you will not be able to complain, because you agreed to the proposed conditions. First of all, we recommend you to check the following sections of the T&Cs like bonus terms, dormant account, verification rules, location restrictions, and of course, the other sections of this crucial document. This is the moment when attentive reading can save your funds and nerves.

Bitcoin Casino Software Quality

Any crypto casino requires quality software. It can be either owned or rented from an official provider. Most bitcoin casinos in the UK often create their own software with unique options. Our experts test the usability of bitcoin casino sites for British players. By the way, most game software is developed by such top software providers like NetEnt, Playtech, Microgaming, Yggdrasil, and others. All these guys create online slots with innovative gambling solutions. Every official slot or table game is tested to eliminate technical errors and prevent wrong work of random number generators.

HTTPS Support

This is a seemingly obvious point but almost every gambler does not pay too much attention to it. The presence of this abbreviation at the beginning of the website address indicates that you are visiting the protected site of a real company. In other words, it is not some kind of fake project. Due to such a technology, you can save your personal and financial data from frauds. This is also possible due to SSL-encryption that protects any vulnerable data from third parties.

Bonuses Variety & Value

The QYTO team always examines the top bonuses and their values in the UK bitcoin casino list. Every operator has to give a deposit and no deposit promotions to encourage the customers and make them real fans of the gameplay with cryptocurrency.

Sign-up bonuses, bitcoin casino Free Spins, loyalty points, and some extra options are available on casino sites. These special offers give players more chances to increase a bankroll or reach some level of the scheme. Remember, every operator provides a wide range of bonuses in order to hold a user and make them regular customers for a long time.

Some casinos may offer seducing no deposit bonuses, which some players consider being free bitcoins. In some way, this is true, but to withdraw the wins from such a bonus, customers must meet the wager requirements by betting several times.

Besides standard promotions, casinos may provide bitcoin faucets — this means a customer can get some free satoshis per day to play slots for free and explore the gameplay and a casino site in general.

Collection of Bitcoin Games

The more a selection of games from the world-class developers an operator provides, the bigger a trust should be. In bitcoin casinos, you can play slots, video poker, roulette, baccarat, scratch games, and other types of gambling fun. The games presented here do not differ from the slots available on conventional online casinos working with ordinary currencies.

Perhaps the main difference here is their abundance and easiness of gameplay. Casinos offering over 2,000 different games can be counted on the fingers. In addition to playing slot games, in online Bitcoin casinos, you can make sports bets, enjoy roulette, play live baccarat, blackjack, and poker with a real dealer.

Device Compatibility

People who want to pay with crypto coins in casinos need an opportunity to use different devices. More and more people use mobile annually. This means smartphones and tablets are a built-in part of our times. Being a digital method, Bitcoin is compatible with mobile (iOS, Android, Windows phone) and desktop versions. This is a crucial feature for most UK players because sometimes you cannot use a computer and need to put the world of entertainment inside your tiny pocket.

Volatility

From the very beginning of the bitcoin appearance, there has been a constant increase in cryptocurrency price. A continuous rise in value is an incentive to fund your account in bitcoins. Over time, the currency on the account will grow significantly. Do not forget BTC is growing all the time because this means your winnings may increase as well.

Customer Service

Every bitcoin casino operator should care about its customers. The QYTO team specialists attentively check the contacts of a site you choose for playing with bitcoin currency. Communication with customer service employees is an inevitable procedure. Before starting the game on the chosen casino website, you need to check how well this service works and how responsive managers are.

Before signing up, it is recommended to check the availability of different channels of technical support or at least, a page where you can contact the help centre of a casino. Optimally, if they have a free telephone line and 24/7 live chat.

Feedback From Other Users

Reviews from other players are another ultimate thing that you should not forget about. It is clear that now many fake customer reviews exist, but you can still find honest feedback about a particular casino site on forums and specialized sites. Moreover, there are resources that track the current status of Bitcoin faucets and casinos — how they really work, pay or not.

Thanks to the QYTO’s Bitcoin casino reviews, you will receive the most extensive and independent information. So that you will not even need any extra help from other forums or something like that.

How To Start Playing in Top Bitcoin Casinos?

#Step 1 — Registration. Moreover, you need to register not only in the club but also have a bitcoin wallet. It will store all savings and conduct transactions.

#Step 2 —Then you need to buy cryptos. There are separate sites and exchanges for this.

#Step 3 —There are many portals on the Internet that work with cryptos. Therefore, the next step is site selection. You can focus on reviews or ratings of independent resources.

After registering on the site, the player becomes a full member of the Bitcoin casino and can easily launch slots.

Types Of Bitcoin Casinos for the UK

It is not easy to choose a BTC casino among the variety of operators in the world of gambling. It is better to divide casinos that work with cryptocurrencies into two groups:

  • Regular online casinos accept cryptocurrencies as one of the means of depositing funds and withdrawing profits. These are large operators that have all the necessary licenses and Bitcoin is just another means of payment without any client anonymity.
  • Casinos, which were originally created for cryptocurrencies that are the only means of payment.

Anyway, especially for the QYTO users, we have collected the categories of the best online casinos accepting bitcoin. Here they are:

Deposit Bitcoin Casino

This is a standard (regular) platform type. You register on the site, explore the functionality, read the rules of a particular game, play, and withdraw your money wins. However, you will not get starting satoshis for free gameplay. On such platforms, there is a minimum deposit that must be made in order to start placing bets.

Oddly enough, casinos that require deposits are often the safest ones. The creators know that their project is honest and regularly pays out winnings, so they do not need to attract people with all sorts of extraordinary goodies.

No Deposit Bitcoin Casino

This is a more attractive type of site for inexperienced users. On such services, a small amount of satoshi is given to start the game immediately after registration. To enter the big bets, you still have to make a deposit, but you can try your hand at no risk. More advanced Bitcoin casinos with a faucet are of the same type.

On such sites, you immediately receive a little satoshi (usually 100), but if you lose them, you can use the built-in faucet, which will give out all the same 100 satoshi for free. This means these resources allow you to make an almost unlimited number of free attempts.

What is the catch? In fact, no catch. It will take you a long time to get to the minimum level required to withdraw Bitcoins. You cannot make large bets either; there will be no earnings without a deposit.

Bonus Bitcoin Casino

This type of BTC casino does not mean free funds for registration, but a user can get a special goodie for the first deposit or further game actions. A player deposits the minimum amount of 0.01 BTC, makes bets, and collects loyalty points. Every 800 points are converted into 0.01 BTC and accumulated in the bonus account. In fact, your bonus profit can be enormous. The principal thing is to gain bonus points. If you have enough points like this, you can easily get more favorable profits on your casino account.

Bitcoin Casino Bonuses and Promotions

As in conventional online casinos, BTC gambling platforms have similar site offers that are mostly aimed to attract players to keep playing on their websites and even become dedicated fans of an operator. In this paragraph, we want to list top promotions that are usually provided by Bitcoin gambling sites to the UK gaming community. Be sure, we are going to explain them in the simplest way.

Welcome Bonus for New Users

This is the #1 special offer every new player may face on gambling sites. After registration, you can claim or not such a perk (you always have an option to decline any gift). Usually, casinos combine different bonuses in packages. This means a player may get some first deposit bonus as a 100% match bonus up to £100 + 100 Free spins on any selection of games, for example. Wagering requirements usually range from 35x to 60x. This means the times a customer has to bet before withdrawing wins on the balance.

Many years ago, it was possible to obtain no deposit welcome offer but it occurred unsafe because of frauds and bonus hunters who wanted to get bonus money and fade away without wagering them. It is not acceptable anymore.

Deposit Bonus

Another most common bonus provided only by the best bitcoin casinos is a deposit promotion. They usually include ordinary welcome bonuses, daily or weekly promos, and so on. To claim this promotion, users are required to make more deposits during gameplay. If you are a newly registered player, there is a chance to obtain some rewards from an operator for the first 3-4 deposits. Moreover, if you are a regular customer of a site, you can accumulate some loyalty points for every real-money deposit.

Reload Bonuses

Many top-rated BTC gaming sites provide reload bonuses which are also considered deposit bonus system. They require multiple deposits from a player. We suppose this type of promotion will be perfect for high-rollers and just some users who can afford to spend high amounts of bitcoin cash for gambling online.

Bitcoin Casino No Deposit Bonuses

This rare casino offer is the most desirable one but unfortunately, players cannot receive it anymore. This is explained by most casinos’ policy of security. To protect customers from data or money theft by frauds, top bitcoin casinos decided to refuse including no deposit bonuses into their promotion lists. However, a few operators still provide bonus Free Spins or chips to help users learn more about their games and other entertaining services.

Free Spins in Bitcoin Casinos

These are special promotions that provide extra moves in slots and can be used only on selected games on a website. Sometimes players can get such promos in welcome packages, or as a daily or weekly bonus. Usually, casino clients can get from 200 Free Spins or up to 1,000 Extra Spins possible. Free Spins wagering conditions are light or do not exist at all.

Loyalty Program & Exclusive Bonuses

If a player is a dedicated customer who regularly makes deposits, opts in tournaments, plays numerous slots, card games, they have a chance to be involved into a Loyalty scheme of an operator. Such programs usually consist of several levels (Gold, Silver, Bronze, and so on).

To reach any of these levels, players have to collect a сertain number of points that can be exchanged for exclusive perks from a bitcoin casino. Such unique benefits include a personal account manager, high bet sizes, special draw games, gifts for holidays or birthdays, etc. VIP players or high-rollers may also get encouragement in the form of individual managers and exclusive invites to private events.

Bitcoin Casino Games

Among provably fair games, you will not find any extraordinary or unknown entertainments. They are pretty similar to conventional ones and usually provide the same requirements, or rules. Such games differ from traditional games by betting in BTC and a possibility to check the fairness of the playing process via a Provably fair system. Now we want you to explore the most widespread games you may play in crypto casinos.

Bitcoin Slots

As we have already mentioned, in comparison with other casino games, slots provide maximum variety into gameplay. This also applies to slots on bitcoin, with a little interesting aspect. For more experienced players, many points will seem obvious (although they can learn something new), but for beginners, this information will be definitely useful.

If a BTC gambling website offers slots from independent developers like NetEnt, Microgaming, Pragmatic Play, Playtech, etc., most likely the player’s balance and bet information will be displayed in sterling pounds, USD, or euros, regardless of the cryptocurrency you’ve made the deposit with.

The reason why this is extremely simple — some slot developers have not optimized their development for cryptocurrency yet. This is explained by the fact that such a development is actually more complicated than it might seem at first. However, there is no reason for concern, because experienced casinos have taken care of converting crypto from user deposits into regular currency.

Crypto Table & Card Games Using Bitcoin

  • Bitcoin Roulette. This is a game where players can place bets on a number, a group of numbers, red or black, an even or odd number, a large or a small number. They can choose crypto roulette and play on Bitcoin, Ethereum, and any other cryptocurrencies.
  • Bitcoin Blackjack. It is a popular game that can be seen in almost any casino. The goal of the game is to get more points than the dealer, but not exceed 21. You can choose the crypto version of blackjack and play on Bitcoin, or other cryptocurrencies.
  • Crypto Baccarat. The goal of Baccarat is to collect cards with a total number of points as close as possible to 9. At the beginning of the game, the player and the dealer are dealt 2 cards each. If the number of points exceeds 10, then 10 is subtracted from the amount, and the remainder is taken into account when calculating the result.
  • Bitcoin Poker. This is a card game based on a five-card draw poker. Texas Hold’em is one of the most popular types of poker games. Each participant of the game is dealt two cards face down. Then, in three stages, five cards are put face up on the table. Every gambler tries to collect the best combination of 5 open cards and cards in hand.

All these captivating casino games have crypto versions. Therefore, UK players have a multiple-choice task to pick the best title among numerous variants.

Bitcoin Dice Games

This is a simple but dynamic guessing game. The object of the game is for the random number generator to fall within the numerical range given by the player. The reward is directly proportional to the size of the range. The higher the risk, the greater the reward. You can choose any Bitcoin craps and enjoy the playing process. By the way, everyone has a chance to try different versions of craps. For example, Sic-Bo with BTC is a Chinese combination of craps and roulette.

Bitcoin Lottery

As you might guess, there are lotteries that you can play with BTC and altcoins. However, there are a few differences from conventional lotteries. For the gameplay, funds are deposited, raffled, and withdrawn in BTC. Naturally, this requires an electronic wallet.

Studying the opinions of players about such lotteries, we have identified several disadvantages as a technical problem —you need to master cryptocurrencies and observe security. Another drawback is that all cryptocurrencies can fail overnight. This is not like traditional fiat currencies. High volatility can neutralize gains, but, on the other hand, reduce losses in such crypto lotteries.

Live Bitcoin Casinos

Players who prefer the atmosphere of a real casino will appreciate an incredible variety of live software. Most casinos let customers use cryptocurrencies for the playing process in real time. Speaking about the game catalogue, you can choose among:

  • Live Roulette;
  • Live Poker;
  • Live Baccarat;
  • Live Blackjack.

The playing process is under the control of a qualified croupier who got an appropriate education and knows how to guide the participants. Moreover, the players can ask something about the gameplay via an online chat. The best games regulated by professional dealers are developed by Playtech and Evolution Gaming, the giants of the live casino industry. You can find the reviews dedicated to the games of both providers.

Why Do You Need To Play Bitcoin Casinos? — Advantages

Today, more and more bitcoin casino professional gamblers choose an operator that accepts cryptocurrency. We should highlight the key parameters that distinguish a good operator from the bad one. Let’s discover the list:

  1. A big range of Provably Fair games — due to modern technologies, you can play different slots, table games or live dealer games which are tested due to Provably fair technology. This means a player can easily deposit with bitcoin cash and not be afraid of rigging game results. Such a technology totally exclude the possibility of unsafe or dishonest gameplay;
  2. Instant Payouts — bitcoin helps to make fast payouts without reporting your personal data. We mean the procedure for depositing and withdrawing funds in the digital currency is much faster than in the case of fiat money. This is a merit of special cryptocurrency algorithms. You just need to learn the T&C of an operator;
  3. Minimal Fees for transactions — when you make a deposit in your playing account, you do not have to pay a high fee to a bank. Only a tiny fee when some transactions are made. Zero and minimum commission payments allow you to transfer large sums without loss. The e-wallet digits are enough to make a payment;
  4. Total Security of Financial Data — transaction data are totally safe due to a specific SSL encryption system that protects players’ personal and transaction data from frauds;
  5. User Anonymity & Privacy— cryptocurrency’s main advantage is to be able to stay anonymous. The Bitcoin wallet is completely anonymous and transparent at the same time. It is very easy to create a great variety of wallets without telling your name, phone number, or other personal info. But the entire transaction history is stored in the bitcoin network.
  6. Decentralization. There is no central network control authority. Millions of computers that mine BTCs are included in this system. No one has the ability to dictate their terms to the owners of the cryptocurrency. Therefore, gamblers who live in countries where casinos are banned are allowed to use this digital money without restrictions.
  7. Easy-to-use Service. It takes about 5 minutes to create a BTC wallet that will be ready for immediate use. No special requirements, you do not have to pay a penny to open your e-wallet.
  8. An Unlimited Number of Transactions. Compared to ordinary online casinos that impose tight limits on the number of deposits and payments from the account, bitcoin sites are more convenient.

All these points you can find in a trusted Bitcoin casino. Everything you need is to be careful and attentive while picking a casino for gambling.

Disadvantages of Bitcoin Gambling Sites

With all of the advantages of coins listed above, there are a number of significant drawbacks that hinder their development in the gambling sphere. The cons of using digital currency apply to both operators and players Check them out:

  • Volatility. Of course, digital currencies are highly volatile. A serious imbalance between the money that players invested in BTCs and other coins and the amount that was eventually withdrawn from the account can be a significant reason for refusing such a method of payment. That is why many gamblers prefer more stable quids and euros.
  • Lack of a specific legal status. In many countries, the authorities have not legalized this digital currency yet. Until the state has indicated its attitude towards it, users cannot be sure of the legality and safety of their funds.

How to Deposit & Withdraw in Bitcoin Casinos?

The number of people who actively use digital currencies for payments is constantly growing. But there are also those who still do not know anything about Bitcoin. If you are one of them, or just want to learn how payments must be made on sites that accept BTC, then the instructions will be useful to you:

  1. Create an account on any casino accepting BTC;
  2. Verify your email address;
  3. Go to your account and find the Cashier or Deposit menu;
  4. Select bitcoin as a currency and copy the website address of the casino;
  5. Open your wallet and find the Send money menu to complete the transaction (if you are using a smartphone, just select a bitcoin site address, and the device itself will offer to open the address with the wallet application);
  6. Enter the desired transfer amount and carefully write the casino address;
  7. Select Confirm Operation or cancel it;
  8. Send money and start the game.

The process of depositing crypto coins in a casino is simple and straightforward. Speaking about making a withdrawal, it is even easier than depositing. You just need to:

  1. pass to the Withdrawal page on your bitcoin casino;
  2. write your wallet number and enter the sum you want to cash out;
  3. now you may receive the wins almost instantly.

As you see, to perform the procedures of withdrawing and depositing bitcoin cash, you need to acquire your own bitcoin address. How to get it? There are several options like cryptocurrency exchanges and wallets.

The main tasks in transfers are to accurately copy the Bitcoin address and use a reliable tool to carry out the transaction. Try to avoid dubious and unknown services. If you are not sure about a site or program, then read reviews about it.

Please note that crypto transactions are not always instant. Your transfer must be confirmed online (without your direct participation) and only after that, it will be credited to the specified address.

One more point — the deposit or withdrawal in BTC comes with a fee. Its size is determined by the network. Usually, it is no more than £1-3.

How To Store BTC & Other Crypto Money?

With all the rich selection of various wallets and storage services, there are 5 core groups of information carriers for your crypto coins:

  1. Cryptocurrency exchanges, specialized sites, and online services where you can keep your stock of E-coins;
  2. Desktop programs installed on the user’s personal computer and allowing the most secure storage of digital cash;
  3. Mobile wallets downloaded to smartphones or other mobile gadgets;
  4. Removable devices for storing currencies, which, if necessary, are connected to a computer;
  5. Paper media with information using which you can access your coins. This is usually a sheet of paper or cardboard with a public address, a private key, or other secret data. Depending on the degree of value of the information, a paper wallet is hidden between the pages of a book or other secluded place, stored in a safe and even in a safe deposit box.

Each of these methods has its own ups and downs, so the user independently, having studied all the aspects, can make a choice where it is better to store Bitcoins.

Top Bitcoin Wallets To Keep Your Crypto Safe

Basically, they are divided into several categories: hardware, mobile, desktop, and web platforms. Hardware wallets are considered one of the most reliable, however, if the user loses the device and the seed-phrase, then his BTCs will disappear irrevocably, so it is recommended to store the seed-phrase separately from the device.

  • Hardware wallets like Trezor, Ledger Nano, and others cost a lot of money, and it will take time to figure out how these devices work.
  • Mobile and desktop wallets are popular enough, but they are considered more vulnerable to hacker attacks.
  • Web wallets are easy to use and are most suitable for beginners since the responsibilities associated with the safe storage of users’ cryptocurrencies are taken over.For example, Electrum is very easy to use and therefore suitable for beginners. It is enough just to install it, choose a suitable server for communication, and save a unique seed-phrase, which is necessary in order to restore access to the storage if the password is lost. Funds on Electrum can be saved not only in bitcoins but in other cryptocurrencies as well.

Bitcoin Gambling Fees & Taxes In The UK

Great Britain does not recognize crypto as money, so the users do not have to pay taxes when buying or storing such digital currency. However, individuals undertake to pay tax on capital gains received from transactions with crypto assets.

By the way, sometimes bitcoin like many other currencies can require fees from players but this option depends on the gambling operator you have already chosen for gameplay. That is why you have to be attentive and check the terms of use of popular payment methods before using them.

New Bitcoin Online Casinos

Besides top trusted operators that accept cryptocurrency, we are going to reveal some brand new casinos that allow paying with BTC. It is undisputed that the best casinos have more weight, practically perfect reputation, and an army of fans.

However, new casinos usually do their best to please their visitors and make them stay for playing. That is why they offer a lot of attractive promotions, tournaments, and special offers. Our experts do not discard these fresh-blood institutions because they may occur great in the future.

Bitcoin Mobile Casinos UK

When you come home, you need a bit of relaxation. You can allow yourself to play lying on a sofa or in bed under a warm blanket with a cat on your knees. So how to choose a bitcoin mobile casino? This is really not such a simple question as it seems at first glance.

Now all the giants of the industry would like to keep as many players as possible. As world statistics reports, people prefer to play not only on desktop PCs or laptops but also on mobile phones. Most modern casinos have adapted to different devices and created mobile versions of their online sites or applications.

What do you need to know about mobile bitcoin casinos in the United Kingdom? Now smartphone users have the possibility to play bitcoin casino on devices with Android and iOS systems. This is a huge plus for the gambling fans from Britain who appreciate their time and energy. Anyway, this is easy and fast.

Provably Fair Bitcoin Gambling What is it?

Online casinos that accept bitcoin and other types of digital currencies provide convincing security guarantees for their customers. The Provably Fair technology has been developed to protect the users from scams and proves that an operator will not deceive their players. The user can check the validity of the casino algorithms at any time. Websites have access to all information in the public domain.

Here is the list of Provably Fair Technology features:

  1. When determining a random number, both sides take part in the game;
  2. During the generation of numbers, the system receives 2 ciphers – from a user and a casino;
  3. When connecting the ciphers, the third result is obtained.

The manipulation of results in this algorithm is excluded. The sequence of numbers in the deck is encrypted in the player’s browser. Therefore, the casino has no idea what kind of card the number generator will choose.

In classic casinos, the guarantee of fairness is an official license from the authoritative regulators. After being checked by a special commission, the website can still use fraud algorithms. But good casinos accepting bitcoins can be monitored permanently. The administration has no chance to deceive its customers.

Anonymity In Bitcoin Casinos — Myth or Reality?

Let’s take a look at the first and major feature and advantage of using cryptocurrency in bitcoin casinos. This is the privacy that is provided to both casino owners and players. In many bitcoin casinos, you need to enter a minimum of information about yourself (often limited to your email address and login), there is no verification by age, location, or other details.

No personal information is shared when a person has a deal with a Bitcoin transaction. However, if you try to convert BTC to fiat, this action must be identified in most countries using the Know Your Customer (KYC) system and anti-money laundering procedures.

In other cases, third parties cannot get access to your personal and financial information. And you will not have problems with the refund of payments associated with standard credit cards. Online gambling is prohibited in many countries which means it is even more difficult to regulate and control bitcoin casinos globally.

Bitcoin Casino Reviews From Qyto Experts

On our website, you can observe already checked and proved full information about several popular casinos that accept BTC. All such casinos are overviewed according to the criteria we mentioned before. Our experts consider every detail. Here is how we do it:

  • register to a site (predominantly having a bitcoin wallet for making transactions);
  • deposit with crypto, use bonuses (if it is allowed);
  • play some slots and every other category of entertainment provided on a site;
  • check the withdrawal procedure and time of waiting;
  • evaluate whether a site is provably fair casino or not (when a user can test the bets outcome fairness);
  • examine the customer support service — how fast they answer and whether their replies are helpful and professional.

We also focus on individual aspects that every casino may have like special kinds of bonuses, wagering, for example. You can easily check our bitcoin casino reviews on the site. For example, the BitStarz casino review will tell you more about using cryptocurrency on its gambling website.

What About Bitcoin Casino Future

These types of platforms are fairly new and it is hard to say whether they can become anything more in today’s society. At the moment, there are several factors that may limit the further adoption of this casino model. They include:

  1. Audit and verification issues as players are mostly anonymous and only limited user information is provided. For something as sensitive as online gambling, which involves huge amounts of money changing hands, verification issues are like a ticking time bomb.
  2. Some countries have strict laws regarding gambling. Ones even prohibit every type of gambling in their territories (such as the United States, for example). Many of these countries may start scrutinizing bitcoin casinos as they do not obey local laws, making it difficult to regulate their actions.

The online casino area makes up a huge chunk of the world’s income. That is why the ultimate adoption of cryptocurrencies is a great way to improve Bitcoin’s chances of surviving in the future.

There is no doubt that bitcoin has a number of pluses in comparison to fiat currency when we talk about online gambling. Among the pros, we appreciate the anonymity and the elimination of geographic barriers.

However, before taking advantage of this opportunity, people must fully understand this is a new phenomenon in the gambling. This miracle of modern innovations attracts not only gamblers but frauds as well.

Today it is rather difficult to predict how fast digital currency will develop in the gambling industry. Of course, bitcoin casinos are now significantly ahead of their competitors. However, further growth depends on the government’s progressive attitude towards digital currency and the willingness of gamblers to take steps towards the future.

Alternative Crypto Payment Methods

Currently, there is a large selection of various cryptocurrencies on the gambling market. For example, Ethereum, Litecoin, Dogecoin, and others. Furthermore, their number is growing every year. This happens because digital money creates high demand and interest from both the general public and large corporations who are ready to invest in a rapidly developing market segment.

The popularity rating of cryptocurrencies is undoubtedly raised due to Bitcoin. It has the highest capitalization, rate, and demand. However, several titles of currency units are included in various top lists of digital currencies today. Now we are going to figure them out:

Bitcoin Cash

Bitcoin is practically the king of cryptocurrencies, without which it is difficult to imagine such a combination. Its rate is currently getting higher and higher than ever before. It is rather difficult to find someone who has not heard of this kind of currency. Bitcoin Cash is a derivative of BTC. It was created as a result of a split in the community regarding the vision of the future development of the currency. However, it is also gradually gaining significant popularity among customers worldwide.

Ethereum (ETH)

The second most popular and capitalized cryptocurrency in the world. Despite its relatively small age, the volume of trading in Ethereum or Ether, as it is often called, has reached $ 44 billion at the moment, exceeding all other cryptocurrencies, except for Bitcoin. Some experts consider Ether to be the most promising type of virtual money after BTC. Now a huge list of the most reliable crypto casinos UK permit making deposits via Eth. To learn more about this method, come to our article.

Ripple (XRP)

This type of crypto was launched in 2012. Ripple is a network that makes immediate payments with minimal fees. Its goal is to transfer money around the world — this ability has made XRP coins especially relevant for banks performing international transactions. Unlike bitcoins, Ripple does not require mining, so it uses less processing power than some other altcoins. Check the list of best Ripple casinos on the QYTO website.

Dash

The cryptocurrency was released under the name Xcoin in 2014. In the spring of 2015, it changed its name to Dash. Almost immediately after the appearance, this type of virtual money seriously raised in demand. It is largely due to the presence of some characteristic features, as the will of all members of the network provides a decision-making impact on the further development of the system. There was no such level of decentralization before Dash was created.

Litecoin (LTC)

This digital currency was released by Charlie Lee in 2011. The token is based on a global payment platform that operates using open source technology. Although Litecoin and Bitcoin have similar features, Litecoin is still slightly different from the first cryptocurrency. Litecoin’s differences provide faster transaction times due to higher block generation speed.

Other Payment Methods in Casinos

One of the widely used alternative payment methods is credit cards such as Visa, MasterCard, Maestro. However, when it comes to speed, e-wallet payments are the best option as they provide same-day withdrawals. The most popular forms of e-wallets are PayPal, Neteller, Skrill, and many others.

  • Visa is preferred by the vast majority of players around the world. It is one of the best and largest networks used in the gambling industry, allowing you to quickly manage your funds. Players use Visa for both deposits and withdrawals.
  • MasterCard & Maestro are also widely used, much like Visa. They are accepted in all major online casinos, so you won’t have any problems making a deposit. Credit cards are equally safe and much faster than traditional payment methods.
  • PayPal is the most famous e-wallet payment method and the first one on the market. It is primarily used by UK customers and can be used for all types of transactions, from business to gaming. Deposits and withdrawals are immediately allowing players to focus on the game.
  • Neteller is also one of the mainstream online payment tools, widespread and available in multiple currencies.
  • Skrill, based in the UK, has been working since 2001 and today it is used by a large number of players around the world. Payments are instant, although fees may vary.

In fact, it all comes down to your personal preference. Since both traditional and alternative payment methods are safe, they provide instant services that will appeal to you the most. Just make sure it does not interfere with your gameplay.

Conclusion

The number of cryptocurrencies existing in the financial market today is extremely large and is not limited to the types of digital money described in the article. Moreover, their number will only increase in the coming years. Anyway, the QYTO team hopes that now most British players can easily choose their best bitcoin casino sites in the UK and start the investigation of online gambling with cryptocurrency.

FAQs

Yes, you can legally gamble using cryptocurrency in the United Kingdom. Here, many online gambling platforms and service providers accept bitcoins. Cryptocurrency-focused service providers are required to adhere to applicable UK gambling laws. For example, sports betting is hugely popular there and has grown into a £700 million industry. A number of crypto-focused sports betting sites are also available online.

However, you need to remember about the licensing by the UKGC that is obligatory for safe and legit gameplay. Although the UK Gambling Commission allows gambling with the help of bitcoin, the institution has also issued a warning on its website against unreliable service providers. Users are advised to be careful when using bitcoins due to the risks of cheating that exist. Be careful and check the state of the license at the footer of the website.

Today, many platforms support crypto users and encourage them to play. There are even special promos for such players. Furthermore, you can enjoy Pragmatic Play, Yggdrasil, Microgaming, NetEnt bitcoin casino games. Anyway, we recommend following our guide in choosing a place for gambling to exclude fraud sites and games.

Absolutely, safe. All you need to care about is your e-wallet where you got your virtual coins. The types of wallets are really different, this means you have to check the info on trust resources like bitcoin.org, for instance. After this, you create the wallet, pick an operator, and have some fun playing online.

Perhaps, you think it is difficult to start your crypto way, but that is not true. You just need to create your online or offline ewallet and then just buy some bitcoins from other users or resellers. In the matter of casino gameplay, you are already informed.

Сryptocurrencies have digital codes, they are usually stored electronically and are not tied to a specific place. However, you can store your BTC on PCs, mobile devices (Mycelium, BitcoinWallet, Xapo, for ex.), and separate USB-like carriers. But if you are a newbie in all this crypto stuff, you should apply web wallets.

In fact, casinos that accept cryptocurrency have many advantages. Obviously, players can fully experience all of them only in practice. We will try to describe only a few.

The software remains the backbone of any online gambling project, as well as Bitcoin casinos. Many popular Bitcoin casinos with a large user base are based on their own gaming software. Other sites buy or rent it with the ability to customize and add unique features.

The software controls the game with minimal human intervention. In games where it is necessary to recruit a certain number of players, the software acts as a dealer (conducts the game). Most of these casinos try to earn credibility by disclosing how software algorithms work.

Be sure, receiving bonuses is the same thing as for conventional online casinos. But remember about the wager requirements that influence your wins.

Definitely, yes. If you are a beginner in crypto gambling, you can try sites providing faucets. In other words, free money to try your luck into this kind of casino.