Bitcoin Casino USA – Join the #1 Guide 🇺🇸

A Bitcoin is a tiny bit of fun that allows you to make safe wagers online at Bitcoin-friendly casino venues anonymously and cheaply. Forget about bank transfers, painstakingly long withdrawals, unreasonable transaction fees, and overall unnecessary bureaucracy. With Bitcoin, you’ll be using an innovative way to manage your online funds and taking advantage of virtual money will never be as easy and logical.

Bitcoin can be described as an exciting technological development that, like many other recent technological achievements, is designed to make our routine run smooth and our everyday life less stuck on fixing problems. By the ways of the Bitcoin system, online gambling advances into the future without burdening the players. In fact, gambling with Bitcoins isn’t much different than placing bets with regular government-issued currencies. Although it may come across as intimidating for those who are new to online gambling, Bitcoin is a fairly easy concept to grasp.

Bitcoin stands for both the digital currency and the system of peer-to-peer internet payments that are carried out with said currency. Also referred to as BTC, this virtual invention has no shape, size, weight, or matter – the currency is completely imaginary, but it works like real money you can buy stuff with and place cash bets at casino sites. Bitcoin was invented by a mysterious individual going by the name of Satoshi Nakamoto, although the identity and even the gender of this person haven’t been confirmed. In a research paper published in 2008, Nakamoto laid grounds for Bitcoin, for it to flourish and become an important part of the global financial picture, shaking its very foundations. These were supposedly built on trust – between transactional partners, between banks and their customers and so forth. As the trust issues build up in the global financial system, new methods of payment, led by Bitcoin, emerge to deal with all the issues of identity, anonymity, security and efficient transactions.

The network came to life in 2009, slowly entering the financial mainstream. You’ll find more and more Bitcoin casinos online, catering to a wide, international audience and paying special attention to gamblers from the US.

As we said, the name is used for both the currency and the banking system, and they work in symbiosis, in the virtual world only. To be able to use Bitcoin online, you need to acquire some using your real money. In other words, exchange actual cash (US Dollars) for BTC currency. Then you can invest the funds in whatever you want online – we believe your favorite slot games sounds nice. You’ll also need a place to store the Bitcoins when you’re no using them, like a wallet. Fortunately, there are several types of Bitcoin wallets you can use to safely keep your little electronic coins away from the bad guys. Ultimately, there’s the issue of finding a Bitcoin casino, after which you’re free to gamble as long as your budget allows it.

The key to understanding where Bitcoins come from is to view them as a product of a community which later benefits from it. The currency is generated in a process called mining. Every person involved in a Bitcoin transaction is a miner, and the network is sustained by rewards accepted by miners for their mining services – the service of passing on Bitcoin. One becomes a miner by setting up a specialized Bitcoin mining hardware designed to process high-speed verifications. While Bitcoins are passed around and the economy around those transactions lives and breathes the whole system benefits from an incorruptible digital ledger which records everything valuable and relevant to the functioning of the cryptocurrency.

This concept is also fathered by Satoshi Nakamoto and it is known as the blockchain. This innovative approach allows digital information to be distributed but not copied, and that is its main characteristic, it’s what makes Bitcoin so ingenious. Blockchain solves many issues with internet technology, from manipulation to transparency. Thanks to the blockchain network within which Bitcoin transactions are finalized, the digital value is preserved while maintaining transparency and a corruption-free flow.

The network is decentralized (the supply doesn’t depend on any central bank), and, in a nutshell, works like this: someone requires a transaction, the requested transaction is distributed to a P2P network made out of computers referred to as nodes; using corresponding algorithms, the network of nodes validates the transaction and the status of the user; once the transaction is verified it is complete and it gets combined to other transactions, forming a block added to an existent blockchain. This way it is permanent and unalterable, forming a part of a new block of data for the digital ledger. Although it sounds complicated, those are the basis of the blockchain, and the best thing about it is that you don’t need to know too much about it to be able to make use of it and enjoy its conveniences.

Before we sum up the ways you can acquire some Bitcoins of your own, it is important to point out that Bitcoins are impossible to counterfeit, and also inflate. One other thing you should know is that Bitcoin transactions have nothing to do with banks or any outside authority. The transfers are strictly done between fellow Bitcoin holders, reputable exchange sites and merchants and their customers, without any third parties. That is why Bitcoin transactions cannot be reversed and they can’t be refunded.

There are several ways a person can get ahold of Bitcoins. One of them is to accept BTC as payment from someone trustworthy, a friend, business associate or acquaintance. You can use various forums and websites to discover people selling Bitcoin in your community. One of the popular sites is Local Bitcoins. On it, users can browse through various Bitcoin sellers in their area. Sellers normally have reviews and feedback from the buyers, so it shouldn’t be hard to choose someone credible.

Most often people buy BTC by exchanging their own local money for electronic cash. It’s an easy process, but you do need to be careful when it comes to choosing the right exchange sites. Bitcoin exchange sites are specialized venues that help people buy electronic money using their bank accounts and other methods. One of the world’s largest BTC exchanges is Coinbase. It allows players from the States to buy BTC using a connected bank account or SEPA transfer. If you prefer using your credit or debit card, check out Indacoin. This global platform doesn’t require registration, only a verification of you card, after which the cryptocurrency will be sent to you within minutes.

Much like any other kind of money, electronic cash also needs a place to be stored and kept safe, take out of when needed and then put back inside when not used. Regular e-wallets aren’t really what we’re talking about here; there are special types of Bitcoin wallets, perfectly suitable to manage your BTC in-and-out transactions. Depending on a person’s needs and preferences, there are several BTC wallet options to choose from. ‘One size fits all’ doesn’t apply to BTC wallets; they come with different platforms and different features so it’s important to choose one that suits you best.

Although most of the desktop wallets are accessed through the browser and can also be used on mobile there are certain services available on Android and iOS tablets and smartphones. There is a great selection of Android wallets that provide sending and receiving payments easily and emphasize backing up. For example, there’s Mycelium, then GreenBits and Bitcoin Wallet (Schildbach Wallet). iPhone users can benefit from such Bitcoin wallet services as Copay, breadwallet and Airbitz, all available at the App Store.

This is the type of wallet that gets stored on your computer; you download the software and install it on your desktop device. For security and privacy, Bitcoin core wallet is a great choice. If you want your wallet to be lightweight then choose something like Electrum. Electrum is compatible with Mac, Linux and Windows and both beginners and advanced users have no troubles with it.

Physical electronic devices designed especially to secure Bitcoins are called hardware Bitcoin wallets. They provide convenient and reliable Bitcoin storage. For them to be operational, they need to be connected to your computer, phone, or tablet. Otherwise, Bitcoins can’t be moved. Hardware wallets look like ordinary USB devices and they generate and store private keys offline, preventing cyber-criminals to access your Bitcoin balance. The hardware itself is protected with a PIN, and with a secret backup code, you can retrieve your Bitcoins even in the case of wallet theft/loss. Some of the most popular hardware wallets are Ledger Nano S, TREZOR, KeepKey and Ledger HW.1.

The whole point of going through a quick Bitcoin guide was to get to the point when we, as players, can use them at online casinos. Clearly, if you don’t have any BTC stored on your wallet, you can hardly expect to able to gamble online. Now that you’ve exchanged some dollars for BTC you can start searching for a good web casino that accepts and encourages BTC payments. There’s plenty of them out there, some accept nothing but Bitcoins and some have multiple payment methods to choose from. If you join the latter, go to the cashier’s page after you’ve registered an account and select Bitcoin to be your preferred method of payment and cashing out.

Once you request a transaction, you’ll receive the casino’s Bitcoin wallet credentials and your own Bitcoin address to use. The transaction will be verified by the blockchain like any other, and once finalized the casino’s wallet will be updated with your Bitcoins which will then be credited to your gambling account. Using Bitcoin doesn’t imply any restrictions on the game library or casino bonuses unless the operator points that out. You’ll be free to enjoy all the games on site, slot machines, card games, roulette, you name it. The first time you deposit using BTC may seem a bit out of the ordinary, but the second time around you’ll feel much more comfortable and you’ll realize the full potential of easy online transactions through the Bitcoin system.

Withdrawing casino earnings to your Bitcoin wallet is also a possibility, and we highly recommend it. The process is the same as when depositing, except you request a withdrawal to your Bitcoin wallet. You need to wait out for the processing to complete and then you’ll receive Bitcoins to do with them what you wish – spend them at another casino or convert them into USD and use them in the real world.

As for fees and timeframes, the situation may vary from one casino site to the next. As far as Bitcoin is concerned, sending and receiving BTC has no charges. However, casino operators may impose fees of their own, but even in those cases, the fees are often negligible. Keep an eye on the exchange fees, though, when buying Bitcoins or converting them back to regular dollars. Deposits made through Bitcoin network take several minutes to complete, and the withdrawals ought to take just as much. If the cashout process takes a few minutes longer, that’s because the casino may be obligated to perform some manual checks and verifications.

Written by Shane Pickrell

Shane Pickrell is a seasoned expert in the world of online gambling, with a profound passion for enhancing the gaming experience through his deep knowledge of online live dealer games. With over a decade of involvement in the industry, Shane has established himself as a respected authority on the intricacies of live dealer gaming and its dynamic impact on the gambling landscape.

Shane’s journey into the realm of online gambling was paved with a solid educational foundation. He holds a Bachelor’s degree in Business Administration from a prestigious university in the United States. His academic pursuits not only honed his analytical skills but also provided him with a well-rounded understanding of the business and technological aspects of the online gaming industry.