If you have read any of our Latest News Articles or checked out our Bitcoin Page, you will find out where you can play pokies online with cryptocurrencies. It all began with Bitcoins, and has now begun to include Bitcoin Cash and Litecoins, Dogecoins, and Ethereum.
The Cryptocurrency Casinos
For your perusal, we are listing below all the online casinos that accept Bitcoins, Bitcoin Cash, Litecoins and more. These cryptocurrencies are available at most of our top online casinos. Dogecoins and Ethereum are just coming into their own, sot he online casinos are few and far between. Use our list if you wish to fund your casino account using cryptocurrencies. Bitcoins are #1 in the world, and this method is safe, secure, and anonymous. Moreover, the casinos that offer cryptocurrency payment method offer tutorials on how to obtain Bitcoins, for example, and how to fund your account.
What is Cryptocurrency
A cryptocurrency is a digital or virtual currency that is designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Therefore, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled. The types of cryptocurrencies in the market today include Bitcoin, Litecoin, Dogecoin, and Ethereum.
What is Bitcoin?
Bitcoin is a cryptocurrency, that is, a form of electronic cash. It is a decentralized digital currency that operates without having to utilize a central bank or single administrator that can be sent from user-to-user on a Bitcoin network without the need for intermediaries. Transactions are verified through cryptography and recorded in a public distributed ledger called a block chain. The block chain is a “shared public ledger” upon which the entire Bitcoin network is based. All transactions that are confirmed are included in the block chain. “It allows Bitcoin wallets to calculate their spendable balance so that new transactions can be verified. This ensures they're actually owned by the spender. The integrity and the chronological order of the block chain are enforced with cryptography.”
Bitcoin Gambling Australia
While it used to be that Bitcoins were only accepted at a small number of Australian casinos, it has grown exponentially as more and more players and casinos realize the benefits of transacting in this form of cryptocurrency. At this writing, a larger proportion of Australian casinos are now accepting Bitcoins as their new payment method. It’s easy, anonymous, low-cost, and secure. Gamblers worldwide are increasingly turning to Bitcoin for handling their casino transactions. When you do find a recommended casino that accepts Bitcoin deposits, the process is straightforward, and the end result is a transaction that is even more secure than those offered by other payment methods. Note that since this writing, Unlike the US, Australian gamblers are very lucky in that there are no ambiguous laws in place that restrict deposits to online casinos.
How to Open a Bitcoin Betting Account
Opening a Bitcoin Betting account can be done in three steps. Step 1: You have to obtain a Wallet. A “wallet” is where your Bitcoins are stored. You will find tutorials on this topic at many online casinos that accept Bitcoins. But note that many Bitcoin casinos offer different types of wallets, and relying on their knowledge of these wallets is prudent. Step 2: Now you have to purchase the Bitcoins to put into your new wallet. You would purchase these Bitcoins through an exchange and, once again, the online casino accepting Bitcoin payments will give you information on the different exchanges. Step 3: Once you have purchased the Bitcoins, you are now ready to send them to the Wallet. Once they are in your wallet, you can now deposit money into your casino account. Please also note that you can also obtain mobile wallets as well for your mobile devices.
Gambling at the Best Bitcoin Casino
There are many online casinos that can be considered the Best Bitcoin Casino for gambling. As you can see, we have listed below those online casinos that accept Bitcoin and are considered top of the line. They offer tutorials on how to obtain wallets, Bitcoins, and how to make deposits. If you are a Bitcoin user and want to gamble at the best Bitcoin casino, simply view each of the casinos listed below and visit them. There is no doubt more than one will appeal to you.
Overall: Bitcoin Sites Australia
Some of the best Bitcoin sites in Australia are also open to US players as well. Here is a list of the top 10 Australian casinos that accept Bitcoins and other cryptocurrencies: Fair Go Casino, Sloto Cash Casino, BitStarz Casino, Fortune Jack, Bitcasino.io, Ignition Casino, Joe Fortune Casino, Playamo Casino, Bob Casino, and Casino Moons.