I think it is fair to say, Bitcoin is here to stay! It has been around for 12 yrs already and it isn’t going anywhere, except to the Moon! This page is for those of us that have embraced Crypto Currencies, especially Bitcoin, therefore, we have created this list of the best gambling sites in the UK that readily accept Crypto Currencies
Top Betting & Casino Sites that Accept Crypto
- NetBet
- 10Bet
- BetFred
We update this list daily, as Crypto is still in its infancy. Please check back to see the movers and shakers.
Crypto gambling refers to the practice of using cryptocurrencies, such as Bitcoin, Ethereum, or other digital tokens, to wager on various types of games typically found in online casinos. This form of gambling offers several distinctive features compared to traditional online gambling that uses fiat currencies like the US dollar or euro. Here are some key aspects of crypto gambling:
- Anonymity: One of the most appealing features for many users is the higher level of anonymity offered. Crypto transactions do not necessarily require personal information to be tied to the transaction, allowing players to keep their identities more private compared to traditional online betting platforms.
- Security: Cryptocurrencies operate on blockchain technology, which provides enhanced security. Transactions are encrypted and distributed across a network, making them harder to tamper with or hack.
- Speed of Transactions: Crypto transactions can be significantly faster than traditional banking transactions, especially for withdrawals. Whereas traditional online casino withdrawals can take days, crypto withdrawals can often be processed within hours.
- Global Access: Cryptocurrencies are not tied to a specific country’s currency, which can make them more accessible to users in countries where online gambling is restricted and where it’s hard to process transactions through conventional financial systems.
- Low Fees: The transaction fees for cryptocurrencies can be lower than those charged by banks and credit cards, although this can vary depending on the network load and specific cryptocurrency used.
- Provably Fair Systems: Many crypto gambling sites utilize “provably fair” technology, which uses cryptographic techniques to ensure that the outcome of a game is fair and hasn’t been tampered with. This transparency is a significant draw for users who value fairness in gambling.
- Variety of Games: Crypto casinos often offer a wide range of betting options similar to traditional online casinos, including slots, poker, sports betting, and live dealer games.