Cloudbet is one of the best bitcoin casinos and sportsbooks at the same time, having a global audience of more than 100 million players. It does not accept fiat currency for bets, deposits or withdrawals, but it does accept many digital currencies such as Bitcoin, Bitcoin Cash, Ethereum, Gold Coin, etc., 3 days ago. In general, crypto casinos are known to be safer than most regular casinos, but this does not mean that all crypto casinos are safe. For a site to be considered reliable and reputable, it must have appropriate security measures and licenses in place.
Licenses are waived by gaming authorities such as MGA, UKGC, Curaçao and many more. Sites that are licensed are held to a high standard when it comes to being demonstrably fair, the handling of details, fair and proper bonuses and everything else that makes a site reliable and reputable. Our reviewers review each individual license to ensure that it is valid and verifiable. We also ensure that sites have appropriate security measures in place, such as 128-bit SSL encryption to protect your data, a proper payment system, and additional security options such as two-step verification.
Bitstarz is, without a doubt, the most popular bitcoin casino out there. The casino is demonstrably fair and regulated by the government of Curacao. It offers around 3,000 high-quality games, however, it doesn't offer a sports betting feature (where you can bet on popular sporting events). The website uses the latest SSL encryption and security technology to ensure that people can place bets with bitcoins without putting their security at risk.
While Bitcoin casinos offer many benefits over traditional online casinos, there are also some things that Bitcoin casino players should consider before playing or depositing funds. Yes, Bitcoin gambling is legal, while fiat currency gambling through USD, euro and other currencies is legal. Also known as altcoin, it shares a number of features with Bitcoin, but with its own distinctive benefits. As a cryptocurrency-only casino, deposit options are limited to Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, Litecoin, Coinspad and Tether.
Instead, Bitcoin casinos, which run on blockchain technology, provide a transparent and immutable database of codes and past transactions on the blockchain. Cloudbet, which we reviewed earlier, states in its FAQ that all you need to play with them is your email address and some Bitcoin. However, the site has an eclectic mix of accepted cryptocurrencies, which, as of now, includes Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Tether, USDC, ChainLink, Pax Dollar, Dai, Dash and Litecoin. Wild casino clearly wants to encourage its users to the bank through Bitcoin or other compatible cryptocurrencies because they offer enhanced special bonuses every time you make a deposit.
While most crypto casinos are reliable, it would be wise to avoid unknown and unlicensed Bitcoin casino sites. By offering a wide selection of games, elegant website design and attractive bonuses, mBit has undoubtedly left its mark on the world of Bitcoin gambling sites. Players can use (and receive) Bitcoin, Bitcoin Cash, Litecoin, Dogecoin, Ethereum, Tether and Coinspaid here. For example, a Bitcoin casino licensed and regulated by the UK gambling commission is much more reliable than a Bitcoin casino licensed by eGaming from Curacao.