Built on a decentralized peer-to-peer network, Bitcoin is the world’s first cryptocurrency that was launched in 2009. The digital currency has amassed a huge user base in a short period of time and is now the most popular form of cryptocurrency, in terms of capitalization and popularity.
Given the popularity of Bitcoin among the general public, various online casinos now allow Indian players to make deposits and withdrawals using Bitcoin and other cryptos. The use of Bitcoin as a payment option provides players with better privacy, security, flexibility, and faster transactions.
In this article, we take a look at using Bitcoin as a casino deposit and withdrawal option. Also, we provide a comprehensive list of the top Bitcoin casinos, allowing Indian players to enjoy seamless and authentic Bitcoin gambling in India.
List of the best Bitcoin casinos for Indian players
Here is the list of the top casinos that accept Bitcoin as a deposit and withdrawal option:
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What are Bitcoin casinos?
Bitcoin casino is a blanket term for online casinos accepting Bitcoin as a payment option. One way Bitcoin differs from other traditional currencies is that it operates without any third party.
There are a few online casinos that transact only in Bitcoins, while others offer Bitcoin as an additional currency, in addition to transactions in other currencies like the Indian Rupee. Bitcoin casinos operate all around the world, though they’re supposed to be subject to the country’s local gambling laws in which they’re based. Through Bitcoin transactions, these casinos allow players to enjoy a variety of casino games, sports betting, online lotteries, and spread betting.
How to get Bitcoins?
In order to use Bitcoins for deposits and withdrawals at Bitcoin Casino, you first need to buy them from secure digital currency exchange. CoinSwitch, ZebPay, CoinDCX, WazirX are some of the most popular online platforms for buying, selling, and storing Bitcoin and other cryptocurrencies in India.
The best part of these platforms is that almost all of them have the same procedure for buying digital currencies. So, get acquainted with one will give you an idea of using these currency exchanges. Let’s take a look at using currency exchanges to buy Bitcoin in India.
- Visit a currency exchange platform like coinbase.com and create your account. After this, verify your account email address and add your phone number as it gives you added security.
- Add your bank account details. These are simple details such as name, account number, etc. This is a mandatory task as you need real money to buy Bitcoin.
- Click on the “Buy/Sell” button on the website of the currency exchange platform and select Bitcoin.
- Enter the amount of money you want to use to buy the digital currency.
- To be able to play at Bitcoin casino online you also need an e-wallet. Go to Blockchain or some other e-wallet and create an account. To do so, you’ll need your email address and password only. Remember to verify your email address as well.
- Navigate to the security centre and create a backup phrase. You’ll basically be provided 4 phrases that you can enter if you lose or forget your password. Note that if you forget your password, you won’t be able to log in to your account and your Bitcoin will be lost. Hence, this optional step is important.
- Go to request in Blockchain’s main menu and you’ll see a long address. This is something that you will right now. So, copy it by clicking on the blue copy button.
- Now go to the currency exchange where you purchased Bitcoin. Click on the Account tab and add the copied wallet address in the receipt section. Select the amount you wish to send to your e-wallet and click on continue.
- Your transaction will then be processed in a couple of minutes. Once it’s done, the Bitcoin funds will appear in the e-wallet you’ve created earlier.
How to deposit Bitcoin at online casinos?
To be able to deposit Bitcoin at online casino sites in India, you first need to select a Bitcoin casino from our top list. After this, you need to set up a player account at the Bitcoin casino in India. In most cases, the process is largely the same:
Navigate to the section of the Bitcoin casino that allows you to set up an account. Most Bitcoin casino sites in India have a button on the homepage, which will take you directly to the registration section.
To register with the Bitcoin casino, you’ll need to enter some personal details such as name, address, email address, and date of birth. You’ll also be asked to select a username and password which you’ll use as your login credentials once the Bitcoin casino account gets verified.
Some Bitcoin casino sites require players to go through the “Know Your Client” stage before making a deposit into your account. This process usually involves submitting proof of your identity or funds. Once your account gets verified, you can deposit Bitcoin and start playing your favorite casino games.
How to withdraw Bitcoin from online casinos?
When requesting a withdrawal from Bitcoin Casino in India, you’ll be asked to provide the Bitcoin address that you want to have your money sent to. To do so, log into your Blockchain account and click “Request”. After this, you’ll see a new address to send the funds to.
Copy the new address and provide it to the Bitcoin online casino that you want to withdraw from. Once you’ve received the cash out into your Blockchain account, you can hold onto it, deposit it at another site, send it to a currency exchange platform or move it to your bank account.
To withdraw your winnings from the currency exchange, go to the Account section and click on the Receive button. After this, a screen will pop up showing your Bitcoin address. Copy it by clicking on the copy button next to the text address, or scan the QR code if you’re using a mobile device.
Send the Bitcoin from Blockchain to the address of your currency exchange platform. Once you’ve received the Bitcoin, click on the Buy/Sell button, select the “Sell” tab and then type in the Bitcoin you wish to sell. After this, the currency exchange platform will tell you how long it will take for the money to reach your bank.
What casino games can I play with Bitcoin?
By using an ‘alternative’ form of payment option, the selection of games does not change. You will still get the same options as any other player using traditional currencies to gamble online in India. Here’s a breakdown of options available to you inside Bitcoin casinos.
Slots are one of the most entertaining casino games to play at a Bitcoin casino, and there are thousands of them available at these sites. Built with provably fair technology, BTC slots will provide you with the most secure gaming experience. Many of these slots are developed by top software developers like NetEnt, Microgaming, FunFair and come with unique themes as well as various exciting features.
BTC Live Casino
Live casino gaming has experienced unprecedented growth in the past few years as it allows casino players to enjoy a land-based casino gaming experience from the comfort of their homes. With Bitcoin casino sites, you’ll get to play some of the most popular Bitcoin casino games like Teen Patti, Andar Bahar, Blackjack, Baccarat, Roulette, and many more. When playing these games, you’ll get access to HD tables and you can play against human dealers in real-time.
The lottery is one of the most popular forms of entertainment in India and you can now experience the best of them from across the globe with Indian Bitcoin casinos. There are various lottery sites that cater to Indian players and offer the biggest lottery games from the US, Australia, and Europe.
Bitcoin sports betting
Besides bitcoin casino games, Indian Bitcoin casino sites allow you to access online sports betting from the comfort of your home. This means that Indian bettors can easily and securely place wagers on the IPL, Big Bash League, the Ashes, and all other major leagues around the world. Also, you’ll have access to over 30+ global sports and can take advantage of some of the best sports bonuses and promotions.
Advantages of using Bitcoin for casino gambling in India
There are several advantages to using BTC to play casino games online. Here are some of them:
Safety – Bitcoin is perhaps the most secure form of currency to use in the currency market. All Bitcoin transactions are recorded on the Blockchain network, which has been designed to keep information completely safe and secure. Also, all Bitcoin codes are unique and there’s no way to reproduce them.
Free use – Another major benefit of Bitcoin gambling is that depositing funds to your new Bitcoin casino is completely free. Yes, you might be charged some fees when purchasing or selling Bitcoin, but depositing itself is completely free.
Untraceable – Bitcoin casinos are also appealing as they allow for complete anonymity. All you need to provide is the wallet address and the amount you want to send. No personal details like your billing address or bank account are needed.
Tax-free – As Bitcoin is not governed by any central agency, there is no added tax for using it. So, in case of a win at a Bitcoin casino, you get to keep all your winnings.
Instant transactions – With a Bitcoin casino, you don’t have to wait too long for the deposits to appear in your account. You can get the funds in your account within seconds. In fact, Bitcoin allows you to make some of the fastest transactions these days.
Bitcoin bonuses and promotions
One of the best things about Indian Bitcoin casinos is that they offer various bonuses and promotions to their players.
The most noticeable bonus available at the best Bitcoin casino sites in India is the welcome bonus. The welcome bonus is an offer available to new players of the casino. To claim the welcome bonus, Indian players need to make an initial deposit and use a bonus code to activate the offer. You’ll then receive a percentage of welcome bonus cash in your account. Sometimes the welcome offer is accompanied by a number of free spins.
Besides the welcome package, other popular bonuses available at BTC casinos are no deposit bonuses, free spins, free trail bonuses, and cashback bonuses. Moreover, the best BTC casinos also reward members for their continued loyalty towards the brand.
Keep in mind, however, that all Bitcoin bonuses come with terms and conditions and you must read them before claiming the bonus. The terms highlight important details about the bonuses, and all of them have different details each. By reading the fine print, you’ll get to know what the deposit rules are and what wagering requirements you must complete before cashing out the bonus.
Bitcoin alternatives for depositing and withdrawing at cryptocurrency casinos
Many of the Bitcoin casinos also accept other forms of digital currencies like Ethereum, Litecoin, and Ripple. These alternatives work in pretty much the same way as Bitcoin does. Let’s take a look at some of the most popular BTC alternatives for gambling online:
Ethereum is perhaps the second most popular cryptocurrency after Bitcoin. Ethereum was created to facilitate immutable contracts and applications via its own currency. The open-source smart contract platform is based on blockchain technology and provides a token called Ether, which can be used for cryptocurrency gambling in India.
The Ether coins can be mined yourself, can be brought with regular currencies, can be exchanged with Bitcoin, and perhaps you can receive them from someone else.
Litecoin is another popular cryptocurrency among digital currency users. It is one of the more appealing alternatives to Bitcoin and is available at almost all Bitcoin casinos. The best part is the fact that you need to invest comparatively less money to play at the casino as Litecoin is cheaper than Bitcoin.
The working of Litecoin is largely the same as Bitcoin. There’s a different mining algorithm in place so you can accept minor differences. Litecoin comes with a coin limit of 21 million which is more than enough for the casual players.
Ripple is another popular type of cryptocurrency. This block-chain based cryptocurrency makes the use of payment tokens (XPR) for transactions. XPR payments are known to be instant and cost-effective. You are not able to mine for XPRs as they’re already premined. However, it is possible to generate new coins through exchange platforms.
Ripple holds the same benefits as Bitcoin does. As one of the most popular cryptocurrencies around, Ripple can be an excellent choice for Indian players.
Bitcoin casinos in India – FAQs
Are Bitcoin casinos safe to use?
Yes! All Bitcoin casinos listed here are licensed and regulated by reputable gambling authorities like the Malta Gaming Authority, UK Gambling Commission, and the Curacao eGaming Control Board. Also, these online sites are independently tested and verified as safe and fair by third parties.
What games can I play using Bitcoin as my deposit option?
All casino games are accessible to players using Bitcoin as their deposit option. So, you can easily play any game you like.
How many e-wallets do I need for Bitcoin gambling?
You’ll need one e-wallet for Bitcoin. But if you want to use any other Bitcoin alternative, you’ll need another e-wallet. Basically, you’ll need one e-wallet for every digital currency you use.
How long will it take to process my withdrawals?
Your withdrawals will be processed almost instantly with Bitcoin casinos. If there is any issue, you’ll have to wait up to 24 hours. Note that Bitcoin casinos have the right to apply pending time which happens in some cases.