Bitcoin Casino

Crypto gambling is one of the world’s most popular and ever-growing pastimes. This innovative payment method not only comes with low fees and super-fast transaction times, but it also allows users to make completely anonymous and hassle-free payments that are more secure than any other banking method. The rise of Bitcoin casinos has also given players exclusive access to the sweetest, bankroll-enhancing bonus deals that would otherwise be unavailable if they didn’t own a digital wallet.

While Bitcoin gambling undoubtedly has its benefits, the complexity of the blockchain can come as quite a shock to people who aren’t already familiar with how it all works. That’s why we’ve put together this easy guide that details how to make your deposits in Bitcoin, the current bonus deals we have available, and the pros and cons of being a crypto player.

Bitcoin Free Spins 

When it comes to slot games, Bitcoin free spins are some of the best deals you’ll ever come across. These promotions give you dozens of chances to strike the jackpot on some of our most popular titles, all of which are home to extra in-game prizes like free games, bet multipliers, and other cash prizes. Have a browse through our top lists of slot games below and use your welcome bonus to spin the reels for free!

Claim your exclusive no deposit bitcoin free spins here

Bitcoin Welcome Bonus

Speaking of welcome bonuses, Bitcoin players can take their pick from several of these great deals by visiting the CoolCat promotions page. Place a $50 deposit to get $150 with 50 Free Spins to use on slots and keno with code WELCOME200, or get a bonus worth up to $3000 with code WELCOME300. If you’re not into slots, new members can redeem a massive 250% Bonus to use on a fantastic range of table games such as blackjack, pai gow, pontoon, roulette, and sic bo instead!

Bitcoin Casino Games

The games at CoolCat span a 220+ collection of state-of-the-art slots, table, and specialty variants, all of which can be downloaded directly to your desktop or mobile device for the smoothest experience. Filter the games by theme, popularity, release date, or jackpot size, and see what scratches your fancy!   

Bitcoin Roulette

Roulette is a popular game of chance that’s capable of paying some huge sums of money if your bet selections are correct. Whether you choose to bet on black or red, a single number, a group of numbers, or you opt for the higher stakes betting markets such as a split or street—this fast-paced game offers plenty of excitement and opportunities to win big for Bitcoin players. Check out our full guide to real money roulette to find out more about odds, tips, strategies, and the different variations available. 

Bitcoin Blackjack

Blackjack is the world’s most-played card game at land-based casinos and online, most in part to its simplicity and highly favorable player odds. Try your luck at doubling down, surrendering, or splitting aces on the best blackjack tables right here for real money at CoolCat, and beat the dealer on our most popular games like classic Pontoon, Face Up 21, Suit ‘Em Up, Spanish 21, and more.  

Bitcoin Slots

Slots are the epicenter of every casino, and it’s no different here at CoolCat. These games come in so many miraculous themes, layouts, and designs that you’ll never grow tired of playing and always have something fresh and exciting to enjoy. Choose from classic 3-reel or 5-reel video slots, 3D games with storylines, slots with hundreds of paylines, and games with an abundance of prizes such as free spins, multipliers, and mini jackpots that you can win through bonus rounds.   

Bitcoin Specialty Games

If you’re looking to play something a bit more exotic, you’ll find a wide range of unique and exciting variations of classic table games and games of chance right here in our lobby—from Bitcoin keno and bingo to the American version of roulette with a higher house edge and bigger stakes to play for—step out of your comfort zone and discover a whole new caliber of fun and winning potential in our specialty games section.     

Bitcoin Progressives 

Crank up the action and earning potential with a huge host of progressive casino games where the jackpots just keep on growing! Score some mega cash wins on slot games like Fantasy Mission Force, Eagle Shadow Fist, and Rudolph’s Revenge, or have a go at winning the ultimate prize in our progressive video poker games where you’ll feel like you’ve hit more than a royal flush!

How to Deposit With Bitcoin

Making a Bitcoin deposit into your bankroll is easier than clipping the claws of a kitten! However, before you can carry out a transaction, you must already have a digital wallet with some funds inside. One of the biggest benefits of using Bitcoin to fund your gaming sessions is how quick it is to make a deposit—transactions are instant, and there are zero fees for making a payment. Withdrawing your winnings is also extremely fast compared to most standard banking methods, and you can look forward to spending your jackpot within as little as 1-3 hours! 

If you already have a digital wallet, the next few steps are a breeze. Quickly register your new player account by entering a few personal details, such as your name, email address, date of birth, and place of residence. Once you have filled in all the relevant information, you’ll then be redirected to the Cashier to choose your preferred banking method. From there, just select Bitcoin, enter your deposit amount, and the funds will be immediately credited to your bankroll. 

Here is a quick recap of how to make your Bitcoin deposit: 

• Set up your new player account or log in to your existing one
• Head to the Cashier and select Bitcoin as your preferred payment method 
• Enter the amount you wish to deposit in USD
• Press the submit button
• Copy your BTC address from your mobile app or digital wallet
• Confirm the transaction request

Unlike traditional payment methods, Bitcoin is not regulated by a financial conduct authority. While this means you have no legal backup in the event your money gets stolen, it does offer you the benefit of not having to pay transaction fees or commissions to a third-party payment processor. This means Bitcoin users can trade freely online without the same obligations that users of methods like credit cards are under when it comes to fees.

How to Withdraw Your Bitcoin Casino Winnings

As mentioned, the withdrawal process for Bitcoin is miles ahead of any other payment method. Most banking options can leave players waiting up to a week to receive their hard-earned winnings, while methods like bank checks can mean they have to wait up to 14 days or more. A crypto transaction needs to go through Bitcoin miners before it can be added to the blockchain and the payment is confirmed, but this takes no more than a few seconds. On average, players can start enjoying and using their casino winnings within an hour after submitting their request! 

Follow the below steps to make an effortless withdrawal request in Bitcoin:   

• Open your digital wallet and copy your BTC address
• Head to the Cashier and select ‘Withdrawal’ 
• Key in the amount you wish to withdraw while copying your BTC address into the space provided 
• Hit ‘Confirm’

Once the funds appear in your account, you can then choose to keep them in their original format, or convert them back into USD to use for other things online, such as shopping, groceries, and more.

Why Use Bitcoin to Gamble?

Governments may be cracking down on online gambling and trying to stringently regulate it in some parts of the world, but this hasn’t stopped the success of Bitcoin casinos, nor has it deterred players from visiting them. The benefits this payment system poses to users can’t be ignored; the low fees, instant transactions, and ability to make payments securely and anonymously so far make Bitcoin an unrivaled banking method that will only continue to get more popular and advanced as time goes on. 

Nevertheless, there are advantages and disadvantages to everything in life, and Bitcoin is no different. So, let’s take a look at both sides of the virtual coin! 

Pros of Using Bitcoin

Fast Transactions

Bitcoin transactions do not require the involvement of any third-party banking institution or middleman; therefore, deposit payments are super fast, and withdrawals take hardly any time at all.  

Anonymity

In a digital-powered world where so many people are falling victim to hackers, it’s no wonder people don’t want to share their identities online. Banks are required to keep records of every transaction you make, but it’s impossible to track or keep a historical record of crypto payments. This means players can conduct all their business transactions online happily knowing that no one is keeping tabs on them or their online activities.

Security

Just as having to share your identity and banking data makes you susceptible to hackers with traditional payment methods, so does the lack of security. Of course, banks now have fingerprint technology and facial recognition, which certainly helps keep hackers at bay and means you’re less likely to have your details stolen, but you’re still at risk—even with these protocols in place. On the other hand, Bitcoin only uses a unique wallet ID, and all transactions only go through the blockchain, essentially making it immune to these kinds of attacks. To this day, Bitcoin has an untarnished security record, and there hasn’t been a single incident of a bitcoin user having their account hacked. 

Low Fees

There are zero fees for making a deposit in Bitcoin. Like the majority of banking methods, however, there are fees for withdrawals. The good news is that as there is no third-party payment processor or middleman, these charges are incredibly low. 

Disadvantages

Volatility

As is the case with any kind of virtual money, Bitcoin is a notoriously volatile currency that can rise and fall considerably within a single day. It only takes someone like SpaceX tycoon Elon Musk to post a bold Twitter post, and within minutes, the price of Bitcoin, alongside Ethereum, Doge, and other fad crypto coins drops by as much as 30%. This means that players are at risk of winning a nice amount of money one day, only to wake up the next to find it is worth half as much as what it was when they won it.  

Unregulated

Bitcoin may be impenetrable when it comes to hackers, but cases where people lose money to rogue operators and online merchants still happen. And if it does? The decentralized nature of crypto means that users have no leg to stand on in these events, and once their money is gone, there is no means of being able to recall it back. 

Technically Challenging

If you’re not familiar with how Bitcoin works or are just getting into it for the first time, the whole thing can initially seem a little overwhelming. The complex jargon, private keys, and overall concept of the blockchain are enough to put most people off even entertaining the idea. The good news is that there are plenty of easy-to-digest guides on how to get into crypto gambling, and it’s only bound to become more user-friendly as the technology evolves.

Bitcoin FAQ

Q: Where can I buy Bitcoin for casinos?

A: Before you can purchase Bitcoin or any other cryptocurrency, you first need to have a digital wallet. This will enable you to use a unique address that you can key in to make your deposits and withdrawals securely and anonymously. To fund your account, you can purchase Bitcoin from top exchanges like Coinbase, Binance, and Coinmama.

Q: What is the difference between Bitcoin and other currencies?

A: Bitcoin is a decentralized virtual currency, which makes it impossible to track or regulate. All FIAT currencies and traditional payment methods are regulated by the financial conduct authority, which means if money is lost or stolen, users can claim it back.

Q: Is it possible to get free Bitcoin at a casino?

A: Many online casinos host tournaments to win a free Bitcoin, but you normally have to deposit a certain amount or make several deposits to be eligible to enter. Sites like CoolCat offer no deposit bonuses and free spins bonuses instead, which we feel are a better deal for the player!