Best Bitcoin Casinos for Irish Players 2023
We have listed some of the best online casinos that accept Bitcoin. Among them are some of the best-known gambling sites around.
Other casinos likely start to add this as a payment method in the future. So if you don’t see any of your favorite sites just now, then it is a good idea to look again the next time you are wondering where using Bitcoin on a new casino site is permitted.
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How Easy is Bitcoin to Use Online?
One of the basic ideas behind Bitcoin is the ability to move money simply and without intermediaries. Casino users can add funds to their accounts directly from their wallets and start using their virtual money immediately.
The biggest fear for newcomers may be in starting with Bitcoin in the first place, as the idea of cryptocurrencies is fundamentally different to handling fiat money. However, opening a wallet and buying some virtual tokens isn’t as difficult as a complete newcomer to it may think.
💰 Type: | Digital currency |
✍️ Abbreviations: | BTC and XBT |
👀 First ever release: | 9 January 2009 |
How to Sign up at an Online Casino Using Bitcoin
This option is usually clearly stated on the sites where playing using Bitcoin at an online casino is allowed. In fact, some of these sites will offer special deals, such as an increased welcome bonus or a bitcoin no deposit bonus, so basically, anyone who deposits money in this way. The process for adding funds in this way is fairly simple and should only take you a few moments to sort out.
- Download a wallet or decide where else you will be storing your digital coins. Remember that the private key to your wallet is crucial, as you could lose access to your money if you forget it.
- Buy Bitcoins, which is typically done through an online cryptocurrency exchange, and add them to your wallet.
- Sign up at the site and confirm that you will be using BTC if asked. This is especially important if the site offers a bonus for Bitcoin users.
Pros & Cons of Using Bitcoin
Advantages of Banking With Bitcoin
The idea of trying Bitcoin as a casino banking method is appealing for a few different reasons. The following are a few advantages of moving your money for wagers around this way.
- A fast way to send money without any intermediaries
- BTC transfers are typically free or else low-cost.
- It is pseudo-anonymous, allowing users to maintain their privacy.
- This is a safe, secure method of storing and transferring money.
- Bitcoin is a popular investment method due to its frequent, large price swings.
- Some casinos offer special promotions for Bitcoin users.
Disadvantages of Banking With Bitcoin
The use of Bitcoin as a casino payment method also has a few possible disadvantages that you will want to take into account when you make your decision on what to do
- The volatility of this currency means that you could lose money between buying it and using it.
- Not all casinos accept it.
- If you lose the private key, you may lose access to your money.
- 100% secure and private
- There is no deposit limit
- Perfect for high-rollers
- Deposits take some minutes
How to Make a Deposit Using Bitcoin
If you want to start using Bitcoin as a casino payment method, the next step is easy, as you now just need to move the right amount of money from your wallet to the casino’s wallet to fund your account.
- Send money to the casino’s Bitcoin wallet address, which they will inform you of when you start the deposit process
- Bitcoin transfers are generally instant, or at least very fast. So, you should see the money arrive in your casino account right away.
How to Make a Withdrawal Using Bitcoin
If you earn some winnings as you play, withdrawing using Bitcoin at an online casino is fast and easy.
- Choose withdrawals from the banking options
- You can select your wallet as the destination for the money being sent.
- As stated earlier, Bitcoin transfers are very fast. However, you may have to wait for the casino to approve the payment.
Is Bitcoin a Widely Used Casino Payment Method?
The growing popularity of Bitcoin means it is becoming more common for casinos to offer this as a payment method, with some even working solely with cryptocurrencies. Its pseudo-anonymous nature makes it difficult to know how many people use BTC, although some studies suggest that 27 million Americans and 2 million Brits now own some of these coins.
There is a big debate over the future of Bitcoin and cryptocurrencies. Some people suggest that this is the future of money and that governments worldwide will soon bring digital versions of their own fiat currencies. Others think that it will be a fairly short-lived trend.
For the moment, the signs are that more and more people are interested in Bitcoin and other cryptocurrencies. This is reflected in the fact that more casinos offer this method, although there are still many Irish casinos that don’t yet offer Bitcoin as a payment method.
References
- Bitcoin (Official Website)
- Gamblingcare Ireland
- eCOGRA
- Irishluck Responsible Gambling Center
- Internet Gambling: Current Research Findings and Implications
- Problem Gambling Ireland
- Irish Gambling Laws
- Rutland Centre - Treating Gambling Addiction
- Department of Justice and Equality Ireland - Gambling & Betting Act
FAQs About Using Bitcoin at Online Casinos
Can I be scammed by using Bitcoin online?
Are there fees for using Bitcoin online?
Is it safe to use Bitcoin at online casinos?
Provided that you stick to a recommended casino and follow good safety measures, there is no reason to fear using Bitcoin at an online casino. You can move money back and forward with no risk and enjoy your favourite games with peace of mind.
Who can I contact if something goes wrong with Bitcoin at a casino?
Is Bitcoin legal in the UK?
Try out Other Payment Methods
- Paypal Casinos
PayPal is definitely a frontrunner when it comes to online payments as it offers one of the fastest and safest online payment options available to consumers.
- Revolut Casinos
Revolut was founded in 2015 and has grown impressively in the last few years. It is designed to allow you to move money around over the world and exchange it as needed.
- EcoPayz Casinos
With over 40 currencies now available in 140+ countries, we have seen an increase in the number of casino users who deposit using EcoPayz in recent times.
- Paysafecard Casinos
Paysafecard, also called Paysafe, is a popular payment method for online casinos because of its online e-wallet options that make it convenient and safe.
- Trustly Casinos
Founded in 2008 in Sweden, Trustly has become a widely trusted way of paying on the internet, with many casinos now accepting this banking method.
- Zimpler Casinos
One of the easiest payment methods to deposit and withdraw in online casinos. More than 100k users worldwide!
- MiFinity Casinos
MiFinity, like most digital wallets, has immensely and positively impacted the iGaming industry with its easy-to-use interface. Try it out today!
- Entropay Casinos
A prepaid card that you can use as a debit card, and it's accepted in online casinos? Entropay truly has it all.
- Payforit Casinos
Don't like the hassle? Payforit allows you to take care of all the online casino payments from your phone.
- Skrill Casinos
An all-time favourite amongst online gamblers. Fast, safe and secure.
- Boku Casinos
Fast and convenient payment method that you can use from your phone to deposit to online casinos.
- Monzo Casinos
Monzo started out in 2016 and already have 4.7 million users who use the mobile app to top up their cards and spend online easily. This is far becoming the most popular.
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