Bitcoin Online Casinos in Singapore
Gambling is one of the most popular entertainments that has been around for as long as humanity exists, and nowadays, it seems that its popularity has only grown higher. That is exactly why so many people switch to playing online casinos, especially in countries like Singapore. If you aim for some gambling experience at a Singaporean bitcoin casino, you’ve got to know what this cryptocurrency is, where to get it, and how to use it in the cryptocurrency casino sites that accept this payment method. This article is exactly what you need to find all of that out and prepare for the most exquisite gaming you’ve ever experienced.
Best Singaporean Bitcoin Casinos 2020
An Introduction to the Bitcoin
Bitcoin is so much more than just a payment system or a currency you can use to pay for any type of product or service online; it is a peer-to-peer cash exchange system that allows for swift and secure transactions all around the world. That is a virtual currency, which means you don’t get any kind of physical paper money, just virtual money that has a certain value. This means that you don’t need to perform any external transactions like transferring your cash to the ATM or vice versa – just use your crypto to pay for anything you want online. This, of course, includes gambling, and there are a lot of casinos out there that accept bitcoin as a payment method.
The main advantage of cryptocurrency is that it is completely safe and untraceable, which means you can transfer cash anonymously to any place around the world. Of course, there are people who use this obvious advantage of bitcoin to pay for some illegal stuff and avoid liability, but we are here to discuss the ways you can use it to play in online casino with confidence and comfort. The advantages of using bitcoin for gambling-related transactions are obvious: you can make the fastest transactions, you can make it completely anonymously, you can do it 100% safely, and you can win even more cryptocurrency playing games. This is why people prefer using cryptos like bitcoin to deposit money to their online casino accounts as well as making casino bitcoin withdrawal, which is also much more comfortable than regular withdrawal options.
How To Get Your Bitcoins?
Although bitcoin is the most popular crypto out there, most people do not even know how to get it. There’s nothing to be ashamed of because right now, we are going to talk about the ways you can get your bitcoin and even make some money doing that. Considering the growing popularity of cryptos, there’s no doubt that bitcoin is only going to get more popular and widely used in the following years. If you are new to this stuff, you’ve missed on the best opportunity to invest in crypto while it was still dirt-cheap but it does not mean you cannot do that now because the price of a single bitcoin has been growing steadily over the last couple of years. This basically means that even right now, you can make an investment and still receive a decent interest rate over time. In countries like Singapore bitcoin online currency is becoming widely used for web transactions, and you can expect further growth of its prices with a 100% certainty. Here is a brief instruction on how you can get your hands on those crypto coins:
- Create a wallet at the Bitcoin online exchangeFirst of all, you’ve got to create a wallet on the official bitcoin website. Once it is done, you are ready to start exchanging your money for cryptocurrency, so you’ve got to have a card with some money on it to make the first transfer.
- ✅ Start buying currency or transferring money to your account for further exchange.
- ✅ Buy or trade the bitcoin you’ve got. The price would fluctuate depending on the interest rate and the trader.
- ✅ Once you have your first bitcoin, you can transfer it to your account and use it for any needs you have, including the casino bitcoin deposit you want to make.
- Peer-to-peer Exchange
There’s also a peer-to-peer bitcoin exchange (P2P) exchange option that allows trading bitcoin for bitcoin at the most favorable rates. This is a great opportunity for you to generate more cryptocurrency from what you have right now, and what is more, if you are interested in trading in general, it might be good practice for you. That way, you can understand how the market works, how it fluctuates depending on the interest rates, and how to generate profit by selling and buying a certain product, in this case, cryptocurrency. You can use PayPal as one of the payment methods or any other to transfer money to your account. See how other Singaporeans do it on LocalBitcoins.
- Bitcoin Mining
That is a complicated process that requires some serious hardware and money investment. This is achieved through solving computation problems that link together different sets of transactions that allow the miners to generate new bitcoins. To perform this feat, you’ll need several powerful computers linked into a single server that solves those problems and binds together blocks of transactions into chains, which is why it is called blockchain technology. This is a complicated process you cannot describe in a single article. So if you want to try this, you should conduct detailed research on the topic.
- ATMs For Bitcoin
You can buy bitcoin straight through the nearest ATM that allows you to transfer money to your wallet. Simply put, you just go to the nearest ATM and throw some cash into your account. These transactions are completely anonymous and untraceable, so you can do anything with that money, buy whatever you want, and play online casino that accepts cryptos as a payment method.
|TOP Bitcoin ATM in Singapore:|
|🏧 Bitcoin Exchange Singapore office|
|🏧 Clarke Quay Central Mall|
|🏧 Tiong Bahru Plaza|
Trusted Bitcoin Exchanges
Before changing money, you can count on an Bitcoin (BTC) and Singapore Dollar (SGD) Currency Exchange Rate Conversion Calculator.
|Trusted Bitcoin Exchanges||Site|
How to Choose the Best Bitcoin Casino
Choosing a proper online casino that accepts bitcoin is no easy task because there are plenty of gambling sites over there, and it is easy to get lost in the abundance of offers. How do you know which casino is reliable, how do you find a casino with best bonuses, and how do you find bitcoin gambling Singapore allows? We are about to answer all of these questions here, so strap in for some more information.
- Choose Licensed Websites
Always stick to licensed websites that have proper registration and are backed up by some governmental legislation. Avoid casinos that have no license at all costs, never deposit any money there, and never put any personal data on such websites; it is dangerous and will most likely result in you losing all of your money to some scammers. Remember to stay on the safe side at all times and play on licensed sites that accept bitcoin.
- Provably Fair System
Gambling is gambling, and you never know whether you win or lose when you play in any Singapore bitcoin casino. But it does not mean you have to go there blindfolded having no idea about the odds. That is why all the reliable casinos give their players information on the odds of winning money in each particular game. Oftentimes, it is called Return To Player rate, which means how much money you can expect to win in the best-case scenario. Checking on the RTP rate is essential prior to starting any game, and every licensed casino is obliged to reveal its RTP to the players and give this information in an open and honest manner.
- Bonuses and BTC Promotions
The best bitcoin casinos always give players some bonuses and offer certain promotions that allow the gamblers to kick-start their progress and make even more money playing. Most casinos these days have bonus deals to attract the players but you want to get the best deal for the crypto gambling. Most frequently, BTC casinos offer you a first deposit bonus which usually multiplies your deposit and gives you several bonuses like free spins or bonus rounds in certain games.
- Multi-Platforming and User-Friendly
Another feature you should look out for are casinos you can play on different devices, including smartphones and tablets. Casino games bitcoin users prefer to play are usually available on the portable devices too so that you can play your favorite games anywhere and anytime you want. Additionally, a good casino also offers you a friendly and intuitive interface that is appealing to the eye and comfortable to use.
Features of Bitcoin Casinos
People play casinos for a variety of reasons, but most of them expect their gambling website to have certain features that allow them to play comfortably and avoid any unwanted attention. A good thing about every casino that accepts bitcoin is that it usually offers an array of features that make it the most comfortable to play and have a good time at. Here are some of the main benefits you get playing with BTC:
- No Middle Man
Yes, there’s no middle man between you and your casino – you make a deposit straight to your casino. No longer do you need to care about banks, transaction fees, and time-consuming transfers. Cryptos give you financial freedom as no other payment method does, and when you use BTC you can be sure your money gets where you need it immediately and without any obstacles.
- It is Independent of Banks
Yes, most cryptos are not affiliated with banks – they are completely independent, they do not rely on any currency, and they always remain outside of the governmental control. So, when you play bitcoin casinos Singapore, you know you are completely safe and secure from any economic turmoils or governmental interference.
- It is Anonymous
Yes, it is completely anonymous and untraceable, so you can do whatever you want with your money, and nobody will ever know. Yes, some people might abuse this benefit for some illegal transactions, and that is a real problem, but we are not those people, we just want to play games and have fun.
- It is Secure
Cryptocurrencies are completely safe from any breaches because the data always circulates between thousands and even millions of servers around the world.
- It is Fast
BTC transactions are the fastest transaction ever, and no other system can rival it in that regard.
- It is Not Regulated by Financial Institutions or Government Agencies
As said earlier, bitcoin is not affiliated with any financial institution or government – it is completely independent of any outside influence.
- Bitcoin price is constantly changing
The price of BTC fluctuates depending on the interest rate, and as of now, the price of a single coin keeps on growing steadily.
Deposit at Bitcoin Casinos
Making a deposit to any Singaporean casino with bitcoin is really simple but you’ve got to take several steps before you can enjoy all of the benefits. It is simple and would take a couple of minutes from start to finish, so there’s nothing too challenging in there. Though you need to make those steps to fully embrace all of the awesome perks of having a bitcoin wallet and transferring money to your favorite website in a matter of seconds. Here’s a step by step instruction for you:
- First thing’s first, you need to have some bitcoin in your wallet. We’ve already discussed that process above, so you just transfer some money to your wallet, and here you have you bitcoin. Most of our casinos also support such cryptos as Dogecoin, Litecoin, Ethereum, and Bitcoin Money.
- Create an account in any bitcoin online casino of your choice. Almost all the casinos have a similar registration process that is really fast and simple. Once it is done, look for the deposit button; most frequently, it is a large and easily visible button. Choose BTC as your payment option and proceed to the next stage.
- Confirm the access to the BTC wallet and copy the address into a special field on your casino account page. There, you can choose the amount of BTC you want to send to a casino, and that’s it! You choose the amount of BTC you wish to deposit and you are set to go.
Withdrawal from Bitcoin Casinos
When you’ve won enough BTC and you want to withdraw it from your casino account, there are only two simple steps you’ve got to make. The withdrawal is really simple and devoid of any hidden catches, so you can just enjoy the best online casino experience and keep on having fun. Follow these instructions to make a fast withdrawal:
- Go to your account page on the casino website you play and click a withdrawal button. After that, select the amount of BTC you want to withdraw and transfer money to your wallet.
- Confirm the transaction and voila! You have your money transferred to your bitcoin wallet where you can do whatever you want with your funds.
Apart from BTC withdrawals, you can also withdraw your cash in SGD or in any other currency of your choice. Online casinos usually support many different currencies, including USD, EUR, and SGD, so it is not a problem for you to get your money in a way that is the most comfortable for you.
Fees and Timeframes
All the transactions involving cryptos get processed immediately, so you don’t have to wait for long. It literally takes a couple of seconds for your BTC to get to your from your wallet to the casino account and vice versa. As said earlier, there are no banks or financial institutions involved in this process, so all the transactions are instantaneous.
Cryptocurrency transactions are also free of any fees, so you don’t lose anything when you send you BTC back and forth. Keep in mind that when you convert traditional currency into crypto, there might be a small fee of 0.8% to 1%. However, if you already have bitcoins or other cryptos, there are no fees for transactions whatsoever.
Bitcoin Casino Games
When choosing the best bitcoin casino in Singapore, you’ve got to take a look at the game roster this casino offers because this might just be the most important factor in whether you’ll be having a good time there or not. Different casinos feature different games, but most frequently, you’ll see such games as slots, blackjack, roulette, and poker since these are all-time classics in every casino around the world.
Yes, you can play classic and progressive video slots with bitcoin and enjoy all the same game features as you would if you were playing with regular currency. There are different types of slots starting with classic 3-reel machines and ending with some modern video slots with progressive jackpots. You can choose any of those and play with your cryptocurrency at any given moment.
Same as usual – this is roulette which you can play using your cryptocurrency. There are different variations of the roulette too including classic European roulette, French roulette, American roulette, and many other variations of this exciting game. The gameplay does not change at all – the only difference is that you can win bitcoins.
Blackjack is a classic table game in which the players compete against the dealer with a single goal to get as close to 21 points as possible without going over it. The rules do not change in BTC gambling, and you still have to achieve the same goal together with the rest of the players at the table. As much as with other games, there also are different variations of it, so you can choose the one that suits you best.
Poker is one of the most popular games ever created, and it comes as no surprise that you can play it using your cryptocurrency. This is one of the most exciting games out there that gives the players the most control over what happens and tests their skill more than it does their luck. This game is tough, but if you learn to play it well, you might have good chances of winning some solid cash.
Mobile Bitcoin Casino
Obviously, the best thing about online casinos is that they give you the freedom not to go to an actual gambling place and play from home. But what if you want to go somewhere and play there? That is exactly why these guys came up with mobile versions of their websites. Right now, almost every BTC casino offers you a mobile version you can launch on your smartphone or tablet and choose whichever casino accept bitcoin you want and enjoy the fun. It is simple and the main advantage here is that you no longer have to stay home while you play!
Right now, you can go for a walk, chill at the beach, have a drink at a local bar and play your favorite games at the same time. This is a perfect opportunity to have fun and make some money at the same time. Mobile gaming gives you the advantage of moving freely and going wherever you want while having everything you need in your pocket. This gives you more confidence because you know you can play and win money from any place without even having to use your computer.
All of the casinos that support the BTC deposit option offer some solid bonuses to the new players as well as the loyal gamblers. It all starts with a welcome bonus and continues with different bonuses you’ll be receiving every once in a while. The bonuses make your gambling experience so much better and allow you to have more fun without investing too much money. Bonuses might include extra money, free spins, and bonus rounds you’ll be able to use in different games.
Bonuses are an amazing feature most casinos offer to the players, and you can surely claim one in the BTC online casino. There are different types of bonuses there, but the most lucrative and the largest one is always the welcome bonus you receive when you make your very first deposit. This is where you can get the most out of your first deposit and receive some crazy multipliers as well as some sub-bonuses like free spins and free rounds for different types of games. So what is a welcome bonus, and what does it include?
Well, it always depends on a casino and different gambling websites have different deals for the new players, but in most cases, the bonus gives you 100% of the amount of money you deposit. Regardless of what currency you use, the casino would most likely give you the same amount of money as a gift. Let’s say you deposit 0.5 BTC on your first deposit, and with a 100% first deposit bonus, you will get a whole 1 BTC. This does not only give you extra money, but it also gives you such bonuses as free spins you could later use in slot games.
When you make a deposit in traditional currency, the casino would most likely give you extra money without a multiplier. Usually, if you deposit, say, 1000$, the casino would give you something like 2500$ as a welcome bonus, which is great and really beneficial for the players. With most online casino accept bitcoin, things go differently because they usually give you a multiplier just like we mentioned above. So, when you make the first deposit, any amount of BTC that you deposit gets doubled immediately giving you twice as much money to play with.
Of course, there are some limitations as to when you can withdraw money called withdrawal requirements. These are meant to prevent players from getting the bonus and just withdrawing the money right away. Obviously, this would be a bad thing for a casino to just give people money and watch them go away with it, which is why there are requirements you need to fulfill before you can withdraw your winnings. In most cases, these requirements are x2, which means you need to win twice as much as you’ve deposited before you can make a withdrawal. This prevents people from just grabbing their bonus money and disappearing, so you’ve got to understand why there are these requirements for the players to adhere to.
Overall, a welcome bonus is the best opportunity for you to multiply your winnings, receive the most out of your money, enjoy more games, and just have a good time. You need to keep the withdrawal requirements in mind though, and if you are ready to play for real cash, the welcome bonus might be your best option.
Apart from the welcome bonus, which is just crazy, you’ll be receiving bonuses on the following deposits too. Of course, these bonuses are less generous, but still, you can benefit from having those, so you should keep those in mind. Most casinos give you somewhere around 15% or your deposit as a bonus, so if you deposit 1 BTC, you’ll receive 0.15 BTC as a bonus. Even though it does not look like much, it surely helps you generate some more winnings as you gamble. The bonus is a bonus, so you should definitely pick it up every time they give it.
You will also be receiving loyalty bonuses every now and then. Most casinos try to pay attention and show care to the loyal gamblers, so if you stick to a single gambling website for long enough, you’ll be getting some great rewards just for sticking around. Add that to bonuses on every deposit you make, and you’ll see that there’s a boatload of bonus money going on around here.
Free spins bonus
Free spins are a different type of bonus that almost every casino gives to the players as a gift. This bonus is exclusive to slots, so you won’t be able to use it in any other type of game, but if you are a fan of slots, this is a perfect deal for you. Free spins are distributed to the players on a regular basis as a sub-bonus, so it is not a big deal, but it might also help a lot when you play slots.
Let’s say you made another deposit and the casino gave you something like 50 free spins. Now, you can start a slot game of your choice and activate your free spins from there, and this allows you to spin the reels for free without having to make a bet. You can still win money on free spins though, so basically, you don’t risk any of your money here – just spin the reels and see if you get any cash.
Bitcoin is an amazing cryptocurrency that allows you to transfer the money instantaneously and safely to any place without having to worry about any fees. One of the main advantages of BTC is that it is untraceable, which means you can do literally anything with your money and nobody will ever know. This is exactly why so many people choose bitcoin to make deposits in online casinos. This allows you to stay anonymous and enjoy all the same gambling experiences. Try online casino bitcoin gambling, and it might really change the way you look at gambling as a whole.
FAQ:Singapore Bitcoin Casino Deposits
💸 What is Cryptocurrency? ›
It is a digital currency or an asset that is used as an exchange unit that allows you to purchase products or services.
💸 Where can I ask general questions about Bitcoin? ›
On the most popular bitcoin forum bitcointalk.org
💸 Can I use Bitcoins as Online Casinos Deposits? ›
Yes! You can make deposits in bitcoin using your BTC wallet and transferring money to your casino account.
💸 Is it legal yo use Bitcoin? ›
Yes, it is entirely legal to use BTC as your payment method of choice, and there is no legislation banning you from doing so.
💸 Is Bitcoin Safe to use? ›
Yes! If there’s a single safe currency in this world, it is bitcoin because it is reliable and completely untraceable.
💸 How can I acquire Bitcoins? ›
You can buy it, or you can mine it – the first option is straightforward, and the later is much more complicated.
💸 Do Bitcoin Casinos Offer Responsible Gambling? ›
Yes, all the licensed casinos are obliged to comply with the international social responsibility initiatives, so they also comply with the provisions of the Responsible Gambling initiative.
💸 Is There A Difference Between BTC, MBTC and UBTC? ›
No, they are just different amounts of the same currency – basically, it’s like asking if there’s a difference between a dollar and a cent. They are just different amounts of the same thing.
💸 What Is The Smallest BTC Deposit? ›
It depends on a casino, but in most cases, you can start with a millibitcoin, which is one-thousandth of a BTC.