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Your Guide to Crypto Gambling

Started by Bitcoin, Feb 03, 2022, 04:07 am

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Your Guide to Crypto Gambling

Your Guide to Crypto Gambling

Bitcoin going mainstream has been the ultimate bet. Now you can take your Bitcoin gains and spread them across your favorite card games and games of chance. Learn all about the world of crypto gambling and how you can get in on the action.

How to Start Gambling with Cryptocurrency

There are two easy ways to gamble with your cryptocurrency:

  • Use Bitcoin gambling websites that accept direct crypto deposits from your cryptocurrency wallet
  • Leverage the BitPay Card to convert crypto into dollars, then use like cash at any gambling site or casino
Related article: Bitcoin Sports Betting

Gamble with Online Crypto Casinos

Your Guide to Crypto Gambling

Currently no US-based casinos accept cryptocurrency directly. This means that if you want to gamble with crypto directly you’ll need to use an online crypto casino. Many crypto gambling sites offer the same games and odds as traditional casinos, plus favorable matches on deposits. Before getting started, you’ll need to have a secure crypto wallet to hold and transfer your crypto. BitPay’s non-custodial crypto wallet uses industry-leading security features and an intuitive interface that allows you to buy, send, and swap coins seamlessly, making it an ideal one of the best crypto wallets for gambling.

How to Gamble at Online Crypto Casinos

  1. Choose your crypto wallet
  2. Buy your preferred cryptocurrency
  3. Pick an online crypto casino site
  4. Deposit crypto from your wallet
  5. Play your favorite games

Heads up: Online gaming websites are not legal within the United States. You should check your local laws before gambling online with crypto.

Gamble with Cryptocurrency Using the BitPay Card

Your Guide to Crypto Gambling
Use the BitPay Card to gamble with crypto anywhere

If you want to gamble with crypto but prefer more flexibility on where you can play, then the BitPay Card is the perfect choice. Our Bitcoin debit card works similar to a traditional debit card. The only difference is instead of using funds from a bank account you use a connected crypto wallet to cover gambling costs. Use the card at your favorite online gambling site or physical casino wherever Mastercard is accepted. Load and spend up to $10,000 per day. You can even use the card at ATMs across the world and turn crypto into cash for even more gambling flexibility. Roulette? Check. Texas Hold em’? Absolutely. Baccarat? Of course. Use the BitPay Card to gamble however you like.

The only crypto card for high rollers

Get the App

Responsibly Gambling with Crypto

Despite cryptocurrency being digital, treat gambling with crypto the same way you would with traditional money.

  • Never give anyone the keys to your crypto wallet! The BitPay Wallet is non-custodial, meaning you, and only you, have access. If your keys are lost, stolen, or destroyed BitPay is unable to restore your access.
  • Only gamble what you’re willing to lose.
  • Create gambling limits and stick to them.

Bonus: Bitcoin Sports Betting

Did you know that on top of gambling with crypto you can also place sports bets wagering your favorite coins? Bet on football, baseball, fights, and more. Read our complete guide to Bitcoin sports betting.

FAQs About Crypto Gambling

Is crypto gambling safe?
Crypto gambling carries the same risk as traditional gambling. Make sure to keep your crypto wallet keys and information secure to limit risk.

Is crypto gambling legal?
The legality of using cryptocurrency to gamble varies from region to region. You should review your local laws before gambling with cryptocurrency.

What games can I gamble on?
Use Bitcoin and other crypto to play your favorite card games like poker and black jack plus other casino games including roulette or craps wherever such games are legally available to you.

What cryptocurrency coins can I use to gamble?
The coins accepted directly by online casinos will vary. BitPay supports Bitcoin, major alt coins, tokens, and stable coins. We are constantly evaluating and adding new coins. Currently we support Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Dogecoin (DOGE), Shiba Inu (SHIB), Litecoin (LTC), XRP (XRP), Dai (DAI), Binance USD (BUSD), USD Coin (USDC), Wrapped Bitcoin (WBTC), Pax Dollar (USDP), and  Gemini Dollar (GUSD).

Source: Your Guide to Crypto Gambling