Everything You Need To Know About Using A Crypto Casino
Bitcoin came to life in 2008-2009 thanks to a guy called Satoshi Nakamoto, and while it was relatively unknown for many years, it has recently become a way of life for many people. These days you can buy a huge range of items using bitcoin, even cars and houses!
If you love online gambling in Australia, but you prefer to operate on bitcoin, you might be wondering do casinos accept cryptocurrency? You’ll be pleased to know the answer is yes – and there is an abundance of online casino games that offer bitcoin as a gambling option. Keep reading to find out more about crypto gambling.
Bitcoin Gambling in Australia
If you want to gamble with a crypto casino using bitcoin, it’s unlikely you’ll head to the Crown Casino in Melbourne or The Star in Sydney and find a way to do so. However, online gambling with an online casino does provide that option – and it’s becoming more popular than ever.
Some online casinos actually have bitcoin-only operations, while many others generally provide you with both options – cryptocurrency or real money.
If you are stuck in the dark ages and haven’t yet hit to crypto train, there are many ways you can obtain cryptocurrency for Bitcoin gambling. The best way is to sign up with the exchanges, with the most popular in Australia including CoinSpot, Independent Reserve and Coinbase (just to name a few). Buy your bitcoin through these sellers, and store it in a Bitcoin-wallet. If you prefer, you can also buy from Bitcoin ATMs, with one of the best in Australia being FindBitcoinATM, though these charge 5-10% per transaction so are generally more expensive than the exchange. Once you have your crypto, you’re ready to start playing online.
Benefits of A Crypto casino
There are many benefits to crypto gambling at a bitcoin casino when you are gambling online.
Better withdrawal. Most bitcoin casinos have a higher withdrawal limit than casinos that work with real money. There are no bank fees, and generally, withdrawing bitcoins is faster than other payment methods. You’ll often see your winnings in your Bitcoin wallet within minutes, rather than having to wait days for your bank to process the transaction.
Greater bonuses. Although this isn’t the case with all online games, there are many that offer huge bonuses for using bitcoin. With real money, an online casino will offer anywhere from a 25% match bonus to 100%. But with bitcoin and a crypto casino, you are guaranteed to receive a 100% match bonus of up to 1 BTC (over AUD$12,000 value), and you could even benefit from a no deposit bonus, and further rewards for each deposit you make.
Security. Online casinos generally require a lot of information in order to register you, and of course, allow you to make withdrawals. The benefit of using bitcoin is that you don’t need to provide anything except your wallet address and username. No bank details, no credit cards going online, no personal address. It makes it much harder for hackers to get your information (particularly if you use a reputable wallet).
How To Play At A Crypto casino
Now you have your bitcoin, and you know why it’s better than cash, it’s time to start playing.
The first step with crypto gambling, register at a Bitcoin operated online casino. JoeFortune.com offers a number of games where you can use Bitcoin instead of real cash and credit cards. Baccarat is one of the most popular, but you can also choose from a huge range of pokies, blackjack, poker and more.
Once you have registered, visit the cashier section of the site and choose your preferred payment method, ie bitcoin. You’ll receive details on how to make a deposit and once confirmed; you can start playing. The confirmation process could take up to an hour, so prepare in advance. If you’re really eager to start playing, you could always use real cash while you’re waiting for your bitcoin to be approved.
You then play the game the same way you would if you were using real cash. If you have a win on the jackpot or even a small win, you simply choose Bitcoin as your preferred withdrawal method and make the transfer.
Benefits of JoeFortune.com as a Crypto casino
JoeFortune.com is one of the best crypto casinos in Australia, and the world, providing more than 200 games you can play using bitcoin and Bitcoin cash for withdrawal and deposits. Crypto deposits are instant and approved withdrawals usually take less than 15 minutes to transfer. There are no fees for using cryptocurrency, and exchange rates are guaranteed for deposits for 15 minutes, based on the BTC exchange.
If you are using cryptocurrency with Joe Fortune rather than fiat currency, you also have many bonus options available, including no deposit bonus, massive welcome bonus and cashback offers daily. It also has a rewards program for crypto gambling that allows you to exchange your points for cash.
Crypto gambling can be a lot of fun, and with the exchange rate for bitcoin as high as it currently is 1BTC = AUD$12,300+, it can be a great way to increase your Bitcoin wallet and your bank balance.
Though you might not be playing with real money, your cryptocurrency is still very valuable, and at Joe Fortune’s crypto casino, we promote responsible play. We have a range of games you can choose from. However we ask that you don’t gamble beyond your limits. Have fun and stick to your budget.
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