Bitcoin is revolutionizing the way business and recreation are taking place on the internet. One of the coolest uses for Bitcoin on the web is the use of it for casinos and gambling sites. It allows players to move their money around quicker, easier, and usually without fees. This flexibility can make the experience that much more enjoyable and certainly more profitable if you aren’t getting eaten alive by deposit and withdrawal fees.
Picking out a Bitcoin casinos to play at online can seem like a daunting task, especially if you’re new to the cryptocurrency. That’s why we had our team of experts put together this guide to help walk you through the process of understanding how Bitcoin sites work and ultimately finding the site that is right for you.
If you are brand new to Bitcoin and have no idea what it is, that’s ok. We’ve put together this dedicated page to help you walk through everything you need to know. Once you are familiar with how Bitcoin works, we can walk you through the process of joining a Bitcoin site and how to do it correctly.
Most importantly, though, we’re going to help you pick out the best online Bitcoin casino for you. We’ll show you our top favorites, tell you why they’re our favorites, and help you to make the best-informed decision possible. By the time you get through this guide, you’ll be a Bitcoin expert and will be playing with cryptocurrency at your new favorite casino in no time.
Who Can Play
Bitcoin is sometimes called a “universal currency.” What does that mean? In a few words, it means anyone can use it to pay anybody else in the world almost instantly. Bitcoin transactions don’t have to move through a third party, such as a bank or credit card company: the transactions are person to person with no middleman.
When it comes to online casinos, Bitcoin is a universal currency that can be used by anyone in the world to gamble at any website that accepts Bitcoin, no matter where it’s based. This is, of course, regulated by your country’s online gambling laws. Make sure you’re up to speed on your local laws before you place any bets.
Funding Bitcoin Wallets
Before you can gamble with Bitcoin, you’ll need a wallet. Your Bitcoin wallet will function the same way as your bank account that you will deposit funds from. There are a few different types of Bitcoin wallets:
Digital Wallet: Your basic Bitcoin wallet. Best used as your regular wallet: keep some cash in there for spending, and choose one of the options below to store large sums of digital currency
Paper Wallet: A paper printout with the necessary information to store and send Bitcoin from. Provides great security against digital theft
Hardware Wallet: A hardware solution with built-in security that can be used to receive and send Bitcoin and other digital currencies
Cold Storage: For those looking for the utmost security for their Bitcoin. The cold storage wallet requires an advanced setup but provides the best security for large sums of digital currency
Bitcoin Denominations
BTC is the universally recognized abbreviation for Bitcoin. But you may also have seen some other abbreviations such as mBTC and uBTC.
Since Bitcoin has grown in value, people have needed a way to describe smaller and smaller denominations of the currency. How to talk about fractions of Bitcoins, then?
In true programmer and cryptography nerd fashion, the developers and community behind the digital currency chose to use the metric system and its prefixes to help talk about small denominations. Even better, the prefixes can scale along with the currency itself, so no matter how high the value goes we will have a convenient and easy way of describing fractions of the currency.
mBTC stands for milli-Bitcoin and uBTC stands for nano-Bitcoin. The milli refers to one thousandth of a Bitcoin and the nano refers to one hundred-thousandth of a Bitcoin, just like millimeter and nanometer.



























