Bitcoin Casino FAQs
Which Bitcoin casino?
We have our own ideas of which bitcoin casinos are best, and we always try to reflect that in our bitcoin casino reviews. There is some significant variety in the available options, with Bitstarz, Oshi and FortuneJack representing three brands at the top of their game, and Wild Blaster being an excellent new-comer. Try them out with our exclusive bonuses and see what you think!
Is bitcoin gambling possible?
Wow…well this website would not even exist if bitcoin gambling were NOT possible. Yes it is possible, in fact it is becoming increasingly popular! While many casinos simply use bitcoin or crypto currencies as a payment option, some also utilize the blockchain for provably fair transactions and even games! You should check out the Funfair token which has some incredibly cool features!
Is it legal to gamble using bitcoin?
For many people in countries with a regulated gambling environment, if it is legal for you to gamble using your local currency, it is legal using bitcoin. Some complexity arises where local laws prohibit gambling or playing for real money. For example, the U.S. Unlawful Internet Gambling Enforcement Act strictly prohibits financial institutions and payment companies from processing gambling transactions – however they do not include cryptocurrencies in this definition. The implication is that cryptocurrency gambling is not definitively regulated, therefore arguably it is allowed. Please note: this does not constitute legal advice and we would advise you to make your own enquiries before playing at any of the casinos listed here.
What is this thing called Bitstarz?
Bitstarz is one of the most famous and well respected bitcoin casinos. It has hundreds of amazing slots and games, and it has created thousands of happy players all over the world. If you haven’t played at Bitstarz casino you should check it out. It is one of the first bitcoin casinos that most players will hear of.
Is using bitcoin safe?
Bitcoin is a very safe way to make payments online. You must remember that it is a one-way transaction – once you send your bitcoins you cannot call them back! This is quite different to the payment protection we have got used to with Paypal or our credit cards, but it actually makes bitcoin safer. One way transactions are very simple and by using a different wallet address for each transaactrion you have a fair degree of online anonymity. Be careful never to share your private key or wallet words ANYWHERE online and you should be ok!
