Just a few years ago, when most online casinos accepted nothing but fiat currencies, many players were left with numerous privacy and safety concerns. However, in recent years, the gaming industry has been overrun by various online casinos that enable players to use Bitcoin and gamble anonymously. These crypto casinos don’t require you to fulfill KYC formalities and you can easily withdraw your earnings without worrying about any privacy issues.
Using Bitcoin for online gambling eliminates the need for the verification process. In some cases, all you need to have is a valid email address to sign-up for an account and a personal Bitcoin wallet that can be easily created in a couple of minutes.
Online casinos also allow players to make swift deposits and withdrawals without asking for personal information. Whereas, on regular online casinos, you’re required to enter all kinds of private details to create an account or make a deposit or withdrawal, which can open doors for many security and privacy concerns.
Anonymous online casinos came into limelight after the emergence of Bitcoin and other cryptocurrencies into the virtual gambling industry. Traditional payment methods are always linked to you and your personal information, however, cryptocurrencies provide a certain level of anonymity, which makes anonymous gambling possible.
Deposits and withdrawals on crypto casinos are processed much more quickly than on regular casinos. You can also use cryptocurrencies such as Ethereum, Litecoin, Dogecoin, Ripple, and many more. Whereas, regular casinos have limited payment options, with fiat currency the most obvious choice. Making a deposit or withdrawal on regular casinos may take a long time and involve various security risks.
Many online crypto casinos offer a wide selection of provably fair games, with attractive features such as live casinos, lucrative bonus rewards, Jackpots, and VIP programs. Since cryptocurrencies are now more widely accepted, most of the anonymous Bitcoin casinos are licensed and approved by the governments of their respective countries. You’ll also find in-built crypto exchanges, which help you convert your fiat currency into the cryptocurrency of your choice.
So far, it’s been well established that in many cases, anonymous Bitcoin casinos are a better option than regular online casinos. In addition to anonymity, they offer a myriad of advantages that make them stand out from the competition.
Regular casinos are notorious for hiding information such as potential winnings and transaction fees from their customers. What’s worse is that the games offered on such casinos may not be provably fair. This puts you at a higher risk of losing all your funds, without winning a dime.
Anonymous Bitcoin casinos, on the other hand, have a track record of providing a fair gambling experience. You can select from a wide range of games that are built by the most reputed game developers in the industry.
These platforms maintain complete transparency concerning the odds and the betting options available for each game. This simplifies the rules as well as the gameplay and maximizes your chances of earning huge rewards. Using cryptocurrency to wager online also prevents third-party interference.
It’s hard to have a seamless gaming experience on regular online casinos, as they require you to complete all kinds of tedious formalities, which includes providing your private and personal information. Disclosing such sensitive information is risky and often compromises your privacy. With anonymous casinos, you don’t have to worry about such issues.
Cryptocurrency transactions are hard to trace and they can be carried out without having to provide any personal information. Due to this very feature, crypto gambling sites help users remain anonymous, without compromising the overall gambling experience.
Since regular online casinos only accept traditional modes of payment, you’ll end up paying high transaction fees for your deposits and withdrawals. These transactions also suck up a good amount of time as they’re not processed instantaneously. What makes things worse are the extra costs which are often concealed by such casinos.
Traditional payment methods aren’t possible without the involvement of a third party. This means that you’ll have to pay extra to carry out your transactions successfully.
However, when you use Bitcoin, there’s no involvement of a third party, absolving you from paying extra fees to make a deposit or withdrawal. All transactions are processed quickly and directly into your Bitcoin wallet. This makes your gaming experience much more convenient and helps you maximize your overall earning potential.
Compared to fiat currency, Bitcoin and other cryptocurrencies have much more market value, which is why earning rewards in cryptocurrency is much more lucrative. A single Bitcoin is worth around 10,000 USD. All the bonuses and jackpots on online crypto casinos are always rewarded in cryptocurrency. This maximizes your earnings and makes online gambling more exciting.
Many online crypto casinos have in-built exchanges that allow you to convert your fiat money into a cryptocurrency of your choice. This also makes it easier for you to cash out without paying any withdrawal charges.
The foray of Bitcoin and other cryptocurrencies in the gaming industry has resulted in an upsurge of online crypto casinos. Choosing the best anonymous bitcoin casino can be a daunting challenge. Let’s find out which ones suit you the best.
OneHash is a mutual Bitcoin betting website, where you can bet on a variety of sports, casino, and dice games, and profit from various financial events. The platform is provably fair and has an average fee of 1%. It allows you to bet with Bitcoin that you can store in your OneHash wallet or by transferring it directly for a particular event.
OneHash has a clean layout and intuitive interface. The sign-up process is simple and there’s also an option to play anonymously. You’ll find easy tutorials on each game and also a beginner’s guide to make things more comprehensible.
The platform is licensed and authorized by the Government of Curacao and operates under the Crypto Gambling Foundation, which ensures that your gaming experience is 100% fair and free from all security issues.
Trueflip.io is an online casino that allows players to use both fiat and cryptocurrencies like Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, and Ripple. You can play various casino games developed by the best software developers, and also Trueflip’s unique in-house games.
Trueflip is a global blockchain-based lottery that’s anonymous and transparent about its trophy fund. Founded in 2016, the platform is licensed and governed by Blockchain Games N.V. and has its own ERC-20 token called Ticker TFL.
All transactions are conducted within proper security protocols and Trueflip keeps detailed statistics of your transactions and game sessions to maintain 100% transparency.
Earnbet is a crypto gaming platform that offers 100% provably fair games. The website records all bets on the blockchain and enables players to use various cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and many more.
Earnbet is a licensed gaming website that provides a secure environment for betting and crypto gambling. The platform processes all deposits and withdrawals instantly and gives users complete control over their funds.
The sign-up process on Earnbet is straightforward and you don’t need to provide your personal information or your wallet address to get started. You can simply insert a username of your choice and enjoy betting on the decentralized platform.
You can also win free dividends for life. It’s quite easy, every bet you place will reward you with BET tokens. Owning a BET token will enable you to receive dividends that can be paid out in different cryptocurrencies.
DuckDice.io is a unique cryptocurrency dice game website that offers provably fair dice games and various other bonuses. Being a trusted and licensed platform, DuckDice provides an honest, friendly, and trustworthy gambling service.
The platform allows you to play chance games, where you can place bets against a randomly generated number. The games are built around cryptocurrencies like Bitcoin, Ethereum, Ripple, Dogecoin, etc.
DuckDice’s intuitive interface makes gaming easy and entertaining. You can swiftly switch between Bitcoin and other cryptocurrencies and make rapid withdrawals and deposits with the help of its built-in crypto exchange.
The website is clutter-free and has unique features that ensure you get easily accustomed to it and stick around for a long while. It has a simple and quick sign up process. Your username is generated automatically and by using faucet you can start a game in Bitcoin dice simulator mode for free.
Although Bitcoin transactions don’t require any personal details, it cannot be considered fully anonymous. In reality, Bitcoin is pseudo-anonymous as each user has a public address that can be traced back to an IP address or exchange account via thorough network analysis.
However, it enables you to send and receive funds with a certain level of privacy, which keeps your personal information protected. It’s important to note that every Bitcoin transaction is publicly broadcasted on the Bitcoin blockchain network. This means anyone can see the balance and transactions of any Bitcoin address, however, the personal information of the user behind an address remains hidden, until it’s revealed while converting to fiat, and once the transaction is complete you cannot request a refund.
Bitcoin or cryptocurrencies, in general, may not be the ideal option for all, but in comparison to traditional payment methods, they’re much more efficient and provide better privacy. Such features allow online crypto casinos to create a gambling environment where you can wager in a convenient and hassle-free manner.
As a crypto holder, your online gambling is completely straightforward. Making deposits and withdrawals is quick and simple. You don’t need to bother about paying high transaction fees. Cryptocurrency enables you to bet seamlessly and allows you to maximize your rewards without compromising your privacy.