✨ What are the Different Types of Bitcoin Wallets?

There are two types of Bitcoin wallets: hot (cloud-based) and cold (offline). Hot wallets are connected to the Internet and are typically cloud-based. These wallets are easy to set up and use, so they’re a convenient option for most people. Cold wallets are not connected to the Internet. Instead, your crypto keys are stored offline on a hard drive or thumb drive. Although less convenient, cold wallets are also less vulnerable to hacking attempts. Generally, cold wallets are the safer option for storing your Bitcoins. However, you may find that it’s more convenient to use a hot wallet for gambling purposes. In this case, you would only store the Bitcoins that you designate for gambling in this wallet. Take the time to compare your wallet options and see which one will work best for you and your needs.

✨ Are Bitcoin Gambling Sites Provably Fair?

Typically, yes. Provably Fair is a special algorithm that’s used to verify a casino’s fairness and transparency. Essentially, it ensures that the games aren’t rigged and that you’re guaranteed fairness with each bet you make.

✨ Are There Fees for Crypto Casinos?

Some casinos will charge a fee for using Bitcoin, but many won’t. You can expect to pay fees for buying and selling Bitcoin on exchanges, and transactions also have a fee. It’s important to remember that most payment methods have some sort of fee somewhere along the line. Typically, fees are negligible and are designed to cover transaction fee costs.

✨ What Games Can I Play at Bitcoin Casino Sites?

Some players assume UK Bitcoin casinos are different from other casinos. In reality, they offer the same games that you’ll find on any other casino site. For example, Bitcoin slots are no different from regular slots. Most casinos allow you to play: Slots, Blackjack, Roulette, Baccarat, Poker. Depending on the site, you may also be able to bet on sports. Your selection of crypto casinos may be limited, but your game selection won’t be. These casinos usually have hundreds of games to choose from, and many also have live dealer games.

✨ How Does Bitcoin Keep My Information Private?

One of the biggest advantages of using Bitcoin for gambling is that your information is kept private. But how exactly does that happen? Although Bitcoin transactions are traceable and public, they don’t contain identifiable information (in other words, you remain anonymous). The only information that’s stored is your Bitcoin address, which shows where your tokens are stored and where they are sent. First, it’s important to note that Bitcoin is not completely anonymous – although it’s pretty close. Any information that’s stored on the blockchain won’t have a link to your identity, but there is information that can link your transactions to each other. This really isn’t concerning, as there’s no personally identifiable information here. That said, when you make a transaction on the Bitcoin network, you’re sending and receiving cryptocurrency from an entity that does know your identity. While highly unlikely and difficult, it is possible to link your identity to Bitcoin transactions. Of course, there are ways to make this more difficult. One of the best things you can do is use a new address every time you make a transaction.

✨ Do BTC Casinos Have Minimum Deposit Requirements?

Sometimes. A Bitcoin casino in the UK will likely have minimum deposit and minimum withdrawal requirements. You can view these requirements in the casino’s Terms of Service. Some casinos are more transparent and provide this information on their Banking page. Keep in mind that your Bitcoin will need to be converted to GBP or Euros when making a deposit. Minimum deposits are usually between £10 and £20. Make sure that you understand the minimum requirements for deposits and withdrawals before you sign up for an account. High minimum deposits may be a red flag, particularly when using cryptocurrencies as your payment method. A reputable Bitcoin casino in the UK will likely have a small minimum deposit requirement.

✨ How Do Withdrawals Work with a BTC Casino?

Many (not all) casinos require you to use the same payment method for deposits and withdrawals. But when it comes to Bitcoin, the rules may be a little different. Because of Bitcoin’s volatility, you may be required to use a different withdrawal method. But if the casino does allow Bitcoin as a withdrawal method, the process will likely be the same as with any other payment method: Visit the “Cashier”; Choose the amount you want to withdraw; Select “Bitcoin” for your withdrawal method. You’ll need your Bitcoin wallet information to make the withdrawal, and the tokens will be transferred to your wallet.

✨ Do I Have to Give My Personal Information to the Bitcoin Casino?

Yes. While your Bitcoin transaction will be anonymous and secure, you still need to provide the casino with your personal information. If a casino claims that you can play without giving any personal information, that’s a big red flag. Casinos have to verify the identities of players to comply with anti-money laundering laws and ensure that players are of legal gambling age. No matter what payment method you choose, you still have to go through the verification process. This means providing documentation, such as photo ID and utility bill. So, while Bitcoin itself is secure and protects your private information, your gambling habits won’t be entirely anonymous. The casino itself will have your personal information. But do keep in mind that privacy laws will work in your favour to help protect your data.

✨ Can You Use Different Cryptocurrencies for Deposits and Withdrawals?

That depends on the casino’s policy. It's challenging enough to find a casino that accepts one cryptocurrency let alone multiple ones. Bitcoin is the most commonly accepted cryptocurrency by casinos, but there are a few casinos that accept other cryptocurrencies as well. Even if you’re lucky enough to find ones that accept multiple cryptos, it’s unlikely that you can use one type for deposits and another for withdrawals. Be sure to check the casino’s Terms of Service page to learn more about their policies for payment methods. Some casinos are more flexible than others with their payment terms.

Bitcoin Casinos UK 2024

Looking for a Bitcoin casino in the UK? Crypto casinos are still relatively new – and rare – but they’re out there. Finding a legitimate and reputable casino that accepts Bitcoin or other cryptocurrencies can be a challenge, but we’re here to help. We’ll tell you what to look for, how to use Bitcoin at a casino, and the pros and cons of gambling with crypto.

Best Bitcoin Casinos 2024

Certified

Safe & secure

Expertly rated

Trusted

Spinzwin Casino

4.8/5

Rating

7/10

Welcome Bonus

Up to 100% + £1,000 + 50 FS
- Min. Deposit 10 GBP
- Games: 338+
- 10 Pound Casinos
- Spinzwin Casino launched in 2017
- 338+ games
Deposit Methods

Game Types

Online slotsOnline rouletteOnline blackjackOnline crapsOnline video poker

Developers

Mobile App

Live Chat
24/7
Use bonus
Secure link

Spinzwin Review
18+. New players only. £1000 + 100 free spins on Starburst or Turn Your Fortune. 50x wager the bonus. Bonus valid 30 Days from receipt. Free spins valid for 7 days from issue. Max conversion: 3x the bonus amount. Excluded Skrill deposits.. Full T&Cs apply. Gamble responsibly. BeGambleAware.org.
Hippozino Casino

4.6/5

Rating

8/10

Welcome Bonus

200% up to £150 + 50 FS
- Min. Deposit 10 GBP
- Games: 1424+
- 10 Pound Casinos
- Fast Payout Casinos
- Hippozino Casino launched in 2013
Deposit Methods

Game Types

Online slotsOnline rouletteOnline blackjackOnline scratch cardsOnline bingo

Developers

Live Chat
24/7
Use bonus
Secure link

Hippozino Review
18+. New Players Only. Wagering occurs from real balance first. 50X wagering the bonus. Contribution may vary per game. Available on selected games only. The wagering requirement is calculated on bonus bets only. Bonus valid 30 Days from receipt. Max conversion: 3 X the bonus amount. Limited to 5 brands within the network. Withdrawal requests void all active/pending bonuses. Excluded Skrill and Neteller deposits. Full T&Cs apply. Gamble responsibly. BeGambleAware.org.
Monster Casino

4.4/5

Rating

7/10

Welcome Bonus

£1000+100 FS
- Min. Deposit 5 GBP
- Games: 456+
- 5 Pound Casinos
- International Casinos
- No Account Casinos
Deposit Methods

Game Types

Online slotsOnline rouletteOnline blackjackOnline scratch cardsOnline craps

Developers

Playtech

Live Chat
24/7
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Monster Casino Review
18+. New players only. Min dep £20. £1000 and 100 free spins on Starburst, Rich Wilde, Book of Dead. 50x wager the bonus. Bonus valid 30 days. Free spins valid 7 days from receipt. Max conversion: 3x the bonus amount or from free spins: £20. Min Deposit Withdrawal requests voids all active/pending bonuses. Excluded Skrill deposits. Full T&Cs apply. Gamble responsibly. BeGambleAware.org.
Fruity King Casino

4.4/5

Rating

8/10

Welcome Bonus

Up to £100 + 20 FS
- Min. Deposit 10 GBP
- Payout speed: 3-5 days
- Games: 650+
- 10 Pound Casinos
- Fast Payout Casinos
- International Casinos
Deposit Methods

Game Types

Online slotsOnline rouletteOnline blackjackOnline scratch cardsOnline video poker

Developers

Live Chat
24/7
Use bonus
Secure link

Fruity King Review
18+. New players only. Min dep £10. 50x wagering requirements. Bonus valid for 30 days. Free spins valid 7 days. Max conversion: 3 times the bonus amount or from free spins: $/£/€ 20. Excluded Skrill deposits. Full T&Cs apply. Gamble responsibly. BeGambleAware.org.
Q88bets (ex SlotKing Casino)

4.4/5

Rating

6/10

Welcome Bonus

100% up to £200
- Min. Deposit £20
- Games: 913+
- Q88bets (ex SlotKing Casino) launched in 2020
- 913+ games
- Offers VIP Program & Dedicated VIP Manager
Deposit Methods

Game Types

Online slotsOnline rouletteOnline blackjackOnline scratch cardsOnline craps

Developers
Use bonus
Secure link

Q88bets (ex SlotKing Casino) Review
18+. New Players Only. Wager from real balance first. 50X wager the bonus. Contribution varies per game. selected games only. Wager calculated on bonus bets only. Bonus valid 30 days / Free spins valid 7 days from receipt. Max conversion: 3x the bonus amount or from free spins: £20. Withdrawal requests voids all active/pending bonuses. Excluded Skrill deposits.Full T&Cs apply. Gamble responsibly. BeGambleAware.org.
Grosvenor Casino

4.4/5

Rating

8/10

Welcome Bonus

Deposit £20, Play with £50
- Min. Deposit 20 GBP
- Payout speed: under 1 hour - 1 day
- Games: 500+
- 20 Pound Casinos
- Fast Payout Casinos
- Grosvenor Casino launched in 2006
Deposit Methods

Game Types

Online slotsOnline rouletteOnline blackjackOnline scratch cardsOnline video poker

Developers

Playtech

Live Chat
24/7
Use bonus
Secure link

Grosvenor Casino Review
18+. New customers only. Min deposit £20. Max bonus £30, bonus amount non-withdrawable, playable on selected games only. 5x wagering for £30 bonus. Expires within 30 days. Full T&Cs apply. Gamble responsibly. BeGambleAware.org.
Fruitkings Casino

4.4/5

Rating

8/10

Welcome Bonus

100% up to £50 + 100 FS
- Min. Deposit 10 GBP
- Games: 600+
- 10 Pound Casinos
- Fast Payout Casinos
- Fruitkings Casino launched in 2019
Deposit Methods

Game Types

Online slotsOnline rouletteOnline blackjackOnline scratch cardsOnline baccarat

Developers

Live Chat
24/7
Use bonus
Secure link

Fruitkings Review
18+. New players only. Min dep £20. Max bet £5. 100% bonus on first deposit up to £50 & 100 bonus spins on Book of Dead. 100 bonus spins will be received in 3 daily increments: 50 on deposit, 25 after 24 hours and a further 25 after 48 hours. 40x wagering requirements. Bonus valid 30 days. Bonus spins valid 48 hours. Not available on pre-paid card or e-wallet (Neteller and Skrill) deposits. Full T&Cs apply. Gamble responsibly. BeGambleAware.org.
Heart Bingo Casino

4.4/5

Welcome Bonus

£30 Bingo + 100 FS
- Min. Deposit £10
- Games: 120+
- Heart Bingo Casino launched in 2009
- 120+ games
- Live Dealer
Deposit Methods

Game Types

Online slots

Developers
Use bonus
Secure link

Heart Bingo Review
18+ New players only. Min dep £10 on Bingo. Get £30 Bingo and 100 Free Spinson selected games. Advertised £30 Bingo based on £0.10 ticket value. Rewards expire after 7 days. Card/Apple Pay payment only. Full T&Cs apply. Gamble responsibly. BeGambleAware.org.
Playluck Casino

4.4/5

Rating

8/10

Welcome Bonus

Up to £100 + 150 Extra Spins
- Min. Deposit 20 GBP
- Payout speed: under 1 hour - 4 days
- Games: 2042+
- Fast Payout Casinos
- Playluck Casino launched in 2020
- 2042+ games
Deposit Methods

Game Types

Online slotsOnline rouletteOnline blackjackOnline scratch cards

Developers

Live Chat
24/7
Use bonus
Secure link

Playluck Review
18+. New players only. Min deposit £20. Welcome package split over 4 deposits. 35x wagering applies. Full T&Cs apply. Gamble responsibly. BeGambleAware.org.
BingoCams Casino

4.1/5

Rating

5/10

Welcome Bonus

300% Up to £60
- Min. Deposit £10
- Games: 540+
- BingoCams Casino launched in 2019
- 540+ games
- Offers VIP Program & Dedicated VIP Manager
Deposit Methods

Developers
Use bonus
Secure link

BingoCams Review
18+. New players only. Min dep £10. Max bonus £60. Max deposit £20. Bingo bonus will be used when cash balance is £0. 1 x wagering req to withdraw. Expiry 42 days. Full T&Cs apply. Gamble responsibly. BeGambleAware.org.

What is Bitcoin?
Alternatives to Bitcoin
What to Look for When Choosing a Bitcoin Casino
Is crypto gambling legal in UK?
How to Use Crypto at Casinos
What to Look for When Choosing a Bitcoin Casino
The advantages and disadvantages of Bitcoin gambling
FAQ

Looking to find the best Bitcoin casinos for 2024? If so, you should definitely give some of the names on the list below some consideration. All have been reviewed by our team of casino experts, who have concluded that they’re safe, secure and offer a fantastic range of different games for you to choose from. What’s more, they also offer some superb welcome bonuses, ensuring you start off on the right foot.

Before we get into Bitcoin gambling, let’s take a closer look at this cryptocurrency and its legal status in the gambling world.

What Exactly is Bitcoin?

Bitcoin is a type of cryptocurrency, or digital currency, that was created in 2009. The goal with Bitcoin is to create a currency that is decentralized, meaning no banks are involved in transactions.

Bitcoin is run on the blockchain, which is a system that uses other computers to verify transactions. The way blockchain works is complex, but ultimately, the system allows:

Users to stay anonymous
Transactions to be more secure

Those are two great things when you’re playing at online casinos.
While Bitcoin is the most popular cryptocurrency, it’s not the only one. Other cryptos are gaining in popularity and are being accepted by more casinos.

Bitcoin alternatives

Ethereum	Ethereum is second only to Bitcoin in the crypto world, although it’s still not nearly as popular. Ethereum is more than just a cryptocurrency. It’s also a platform that uses blockchain technology to help app developers create decentralized apps and to handle smart contracts. Technically, Ether (ETH) is the token that’s used on the Ethereum network.
Ripple (XRP)	Ripple is the company behind the XRP cryptocurrency. XRP is different from other cryptos in that it doesn’t follow the blockchain mining concept. Although faster and cheaper than Bitcoin, XRP isn’t nearly as popular. Still, some crypto casinos will accept XRP.
Litecoin	Litecoin launched in 2011 and was created by Charlie Lee, a former Google engineer. Litecoin is very similar to Bitcoin, but there’s more supply available and transactions are quicker.
Cardano	Another popular cryptocurrency is Cardano, which uses a type of peer-reviewed blockchain called Ouroboros.

How Does a Bitcoin Casino Work?

Although the technology behind Bitcoin is complicated, gambling with cryptocurrency is incredibly simple.

Buy Bitcoin
Create an account at a UK Bitcoin casino
Make a deposit, and play

As you can see, gambling with Bitcoin really isn’t any different from gambling with any other currency.

While the gambling process may be the same, not all UK bitcoin casinos are created equal.

Are Bitcoin Casinos Legal in the UK?

Now that you understand a little bit more about Bitcoin and cryptocurrency in general, you may be wondering whether Bitcoin gambling games are legal in the UK.

On a technical level, yes, it is perfectly legal to use cryptocurrency for gambling in the UK. But in order for a casino to maintain their UKGC licence and accept cryptos, they must meet the Gambling Commission’s stringent anti-money laundering requirements.

How to Use Crypto at Casinos

Ready to play at an online Bitcoin casino? Before you dive in and sign up for an account, it’s important to understand how to use cryptocurrency when gambling online.

Buy Bitcoin If you already have Bitcoin and a wallet, then you can skip this step. But if you’re new to cryptocurrencies and want to explore gambling with Bitcoin, you’ll need to take a few steps before you can start gambling.
Buy Bitcoin: The simplest way to get Bitcoin is to buy it from an exchange. Some of the most popular exchanges include Coinbase, Gemini, Kraken, Bitstamp, Binance and Coinfloor. Bitcoins can typically be purchased with a credit card, bank account or e-wallet.
Choose a Bitcoin Wallet: In order to store your Bitcoins, you need to have a digital wallet. Wallets can either be stored on the cloud, or downloaded to your computer or a thumb drive (the safest option). Your wallet is what allows you to make payments with your cryptocurrency.
Deposit Once you have your Bitcoin and digital wallet, you can start gambling at casinos. Head over to one of the best Bitcoin casino sites we recommend (listed above). Check out the games available as well as the bonuses at these casinos to find one that meets your needs.
Once you’ve chosen a casino, sign up for an account and follow the instructions to make a deposit using Bitcoin. Make sure that you have your digital wallet information on-hand. You’ll need it to make a deposit.
Play and Win Once you’ve made a deposit, you can start playing. Make sure that you go through the identification verification process as soon as possible. This will save you time when you want to make a withdrawal.
Cryptocurrency casinos offer the same casino games that you know and love, including slots, blackjack, roulette, baccarat, poker and more.
Withdraw If you’re lucky enough to win, you can usually make a withdrawal using Bitcoin. To do so, you’ll need your Bitcoin wallet address. In many cases, withdrawals are instant (or nearly instant) when using Bitcoin. But some casinos will require you to choose a different withdrawal method, like a bank account, e-wallet (PayPal, Neteller, etc.). Make sure that you understand the deposit and withdrawal rules before you start playing.
As you can see, gambling with Bitcoin is easy. It’s no different from playing with any other currency.

Time: 10 minutes
Supply: Deposit
Tools: Bitcoin

What to Look for When Choosing a Bitcoin Casino

Bitcoin casinos are still relatively rare in the UK, although they are gaining in popularity. Even though the selection is smaller, there are still some important things that you need to consider when choosing a Bitcoin casino in the UK.

How Long Has the Casino Been in Operation? Is It Licenced?

Even when you’re playing with cryptocurrency, it’s still important to make sure that you research any casino you want to play at. Cryptocurrencies still need to be purchased with real money, so you want to make sure that the casino is legitimate.

When looking at a Bitcoin casino, consider:

How long the casino has been in operation. If a casino has been in operation for a long time, then that must mean that they’re doing something right.
Whether the casino is licenced in the UK. Unlicenced casinos are illegal. Unfortunately, many UK players (and players from around the world) fall into the trap of playing at an unlicenced casino and lose their money in the process.

These are two of the most important things to consider when you’re looking at cryptocurrency casinos in the UK. Cryptocurrencies may protect your identity, but you still don’t want to lose your hard-earned digital currency. Making sure that you’re playing at reputable casinos is key to having the best experience possible.

Is the Casino Mobile-Friendly?

Mobile friendliness is more about convenience than safety. Sure, it would be great to play on your smartphone, but it’s not an absolute necessity.

Still, Bitcoin casinos that have apps and mobile-friendly designs give you more options for gaming. It can also make it easier to gamble with Bitcoin if you have quick access to your Bitcoin wallet on your smartphone.

Does the Casino Have Live Dealer Games?

Many online casinos offer live dealer games, and for many UK players, live games are a big draw. Live games are more interactive and give the casino a real-world feel. Plus, you have the opportunity to socialise with other players.

If live games are important to you, look for a Bitcoin live casino. You’ll find that many crypto casinos offer live blackjack, roulette, poker and more.

What Types of Casino Bonuses are Available?

Bonuses are what attracts players to online casinos. Welcome bonuses and deposit bonuses give you a little incentive to play – and to keep playing.

Make sure that the Bitcoin casino you want to play at offers bonuses. Due to the volatility of cryptocurrencies, bonuses may be offered in pounds or bonus spins instead of Bitcoin. If Bitcoin is offered, it may only be a small amount.

Although not as common as other bonuses, some crypto casinos do offer no-deposit promotions. The rewards aren’t quite as generous, but you may be able to claim free spins, tokens or small cash bonuses.

Make sure that you understand the terms and conditions of any bonuses that you want to claim. Almost all bonuses have wagering requirements that you’ll have to meet before you can make a withdrawal.

The Benefits and Drawbacks of Bitcoin Casinos

PROS

Private and Secure. Bitcoin transactions are anonymous, meaning that your personal information is never included. Your digital wallet address may be linked to your transaction, but there’s no identifying information included. Additionally, blockchain transactions are highly secure because they’re encrypted. Blockchain’s security is complex, but if you want to learn more about it, Binance Academy has an excellent post on the subject.

Low Fees. Bitcoin transactions aren’t entirely free. Expect to pay a commission when buying and/or selling your crypto on an exchange. For this reason, it’s important to do your research and compare the fees charged by exchanges. Make sure that you understand exactly how much you’ll need to pay in fees before committing to a purchase or sale on a crypto exchange.

Quick Withdrawals. Bitcoin is typically faster than other withdrawal methods out there (with the exception of e-wallets). In most cases, you can access your winnings in just a few minutes.

CONS

Lack of Protection. Bitcoin is decentralized, which means that no banks are involved. Cryptocurrencies are also a new concept and largely unregulated. Unfortunately, this means that you have fewer protections if something goes wrong. If you decide to play at an unlicenced casino and they take your Bitcoin, you’ll be out of luck. If your digital wallet is hacked, you won’t have any way to get back your Bitcoin. To reduce the risk of losing your Bitcoin, use common sense and be smart about how you use your digital wallet.

Not Accepted at Every UK Casino. Unfortunately, Bitcoin is not accepted by every casino in the UK. Licencing rules complicate things even more due to the decentralized nature of Bitcoin and other cryptos. If you want to gamble using Bitcoin, you’ll only have a small selection of casinos to choose from. The good news is that most of these casinos offer the same games that you’ll find at other casinos, so you shouldn't miss out on your favourite games.

Bitcoin is Volatile. Cryptocurrencies like Bitcoin are volatile, which means that their value can fluctuate greatly from one day (or hour) to the next. BTC could decrease in value overnight and potentially wipe out your gambling funds (or winnings). A sudden tumble in value can also cause some online casinos to stop accepting Bitcoin because it’s so risky.

Bitcoin Gambling FAQs

✨ What are the Different Types of Bitcoin Wallets?: There are two types of Bitcoin wallets: hot (cloud-based) and cold (offline). Hot wallets are connected to the Internet and are typically cloud-based. These wallets are easy to set up and use, so they’re a convenient option for most people. Cold wallets are not connected to the Internet. Instead, your crypto keys are stored offline on a hard drive or thumb drive. Although less convenient, cold wallets are also less vulnerable to hacking attempts. Generally, cold wallets are the safer option for storing your Bitcoins. However, you may find that it’s more convenient to use a hot wallet for gambling purposes. In this case, you would only store the Bitcoins that you designate for gambling in this wallet. Take the time to compare your wallet options and see which one will work best for you and your needs.
✨ Are Bitcoin Gambling Sites Provably Fair?: Typically, yes. Provably Fair is a special algorithm that’s used to verify a casino’s fairness and transparency. Essentially, it ensures that the games aren’t rigged and that you’re guaranteed fairness with each bet you make.
✨ Are There Fees for Crypto Casinos?: Some casinos will charge a fee for using Bitcoin, but many won’t. You can expect to pay fees for buying and selling Bitcoin on exchanges, and transactions also have a fee. It’s important to remember that most payment methods have some sort of fee somewhere along the line. Typically, fees are negligible and are designed to cover transaction fee costs.
✨ What Games Can I Play at Bitcoin Casino Sites?: Some players assume UK Bitcoin casinos are different from other casinos. In reality, they offer the same games that you’ll find on any other casino site. For example, Bitcoin slots are no different from regular slots. Most casinos allow you to play: Slots, Blackjack, Roulette, Baccarat, Poker. Depending on the site, you may also be able to bet on sports. Your selection of crypto casinos may be limited, but your game selection won’t be. These casinos usually have hundreds of games to choose from, and many also have live dealer games.
✨ How Does Bitcoin Keep My Information Private?: One of the biggest advantages of using Bitcoin for gambling is that your information is kept private. But how exactly does that happen? Although Bitcoin transactions are traceable and public, they don’t contain identifiable information (in other words, you remain anonymous). The only information that’s stored is your Bitcoin address, which shows where your tokens are stored and where they are sent. First, it’s important to note that Bitcoin is not completely anonymous – although it’s pretty close. Any information that’s stored on the blockchain won’t have a link to your identity, but there is information that can link your transactions to each other. This really isn’t concerning, as there’s no personally identifiable information here. That said, when you make a transaction on the Bitcoin network, you’re sending and receiving cryptocurrency from an entity that does know your identity. While highly unlikely and difficult, it is possible to link your identity to Bitcoin transactions. Of course, there are ways to make this more difficult. One of the best things you can do is use a new address every time you make a transaction.
✨ Do BTC Casinos Have Minimum Deposit Requirements?: Sometimes. A Bitcoin casino in the UK will likely have minimum deposit and minimum withdrawal requirements. You can view these requirements in the casino’s Terms of Service. Some casinos are more transparent and provide this information on their Banking page. Keep in mind that your Bitcoin will need to be converted to GBP or Euros when making a deposit. Minimum deposits are usually between £10 and £20. Make sure that you understand the minimum requirements for deposits and withdrawals before you sign up for an account. High minimum deposits may be a red flag, particularly when using cryptocurrencies as your payment method. A reputable Bitcoin casino in the UK will likely have a small minimum deposit requirement.
✨ How Do Withdrawals Work with a BTC Casino?: Many (not all) casinos require you to use the same payment method for deposits and withdrawals. But when it comes to Bitcoin, the rules may be a little different. Because of Bitcoin’s volatility, you may be required to use a different withdrawal method. But if the casino does allow Bitcoin as a withdrawal method, the process will likely be the same as with any other payment method: Visit the “Cashier”; Choose the amount you want to withdraw; Select “Bitcoin” for your withdrawal method. You’ll need your Bitcoin wallet information to make the withdrawal, and the tokens will be transferred to your wallet.
✨ Do I Have to Give My Personal Information to the Bitcoin Casino?: Yes. While your Bitcoin transaction will be anonymous and secure, you still need to provide the casino with your personal information. If a casino claims that you can play without giving any personal information, that’s a big red flag. Casinos have to verify the identities of players to comply with anti-money laundering laws and ensure that players are of legal gambling age. No matter what payment method you choose, you still have to go through the verification process. This means providing documentation, such as photo ID and utility bill. So, while Bitcoin itself is secure and protects your private information, your gambling habits won’t be entirely anonymous. The casino itself will have your personal information. But do keep in mind that privacy laws will work in your favour to help protect your data.
✨ Can You Use Different Cryptocurrencies for Deposits and Withdrawals?: That depends on the casino’s policy. It's challenging enough to find a casino that accepts one cryptocurrency let alone multiple ones. Bitcoin is the most commonly accepted cryptocurrency by casinos, but there are a few casinos that accept other cryptocurrencies as well. Even if you’re lucky enough to find ones that accept multiple cryptos, it’s unlikely that you can use one type for deposits and another for withdrawals. Be sure to check the casino’s Terms of Service page to learn more about their policies for payment methods. Some casinos are more flexible than others with their payment terms.

References

Author

Jana Yarrow

Author, Gambling Know-All & Safety Master

Experience:3 years

It’s been almost three years now since Jana’s dedicated her life to guiding you through the world of online casinos at CasinoHEX UK. As teammates, we sometimes call her a gambling know-all and a safety master. Jana pays a lot of attention to the safety measures while writing in-depth casino guides for UK players.

Being a player herself, she’s seen both bright and dark sides of gambling. That is why Jana strongly believes in CasinoHEXes’ mission to provide a safer gambling environment.