By now, everyone knows of Bitcoin and how the digital currency is flipping the banking world upside down by providing a faster and more valuable service without federal regulation and unwarranted taxes.
However, some still don’t know online Bitcoin casinos are available to US gamblers from licensed offshore casino operators. Online Bitcoin casinos also offer reward perks for depositing with Bitcoin, including bigger bonuses and no fees. Some online casinos also accept other popular altcoins, such as Ethereum, Litecoin, and Dogecoin.
Bitcoin Market Value 2023
With the value of Bitcoin jumping up and down every other day, many people wonder how an online casino would credit your account with a Bitcoin deposit. Online casinos give you the market value in USD for your Bitcoin deposit based on the time of the transaction. Once you are ready to cash out, you can receive your withdrawal amount in USD or Bitcoin.
Bitcoin is currently worth about $26,000, according to CoinMarketCap.com, but that amount will likely rise or fall in the coming months. For the year, Bitcoin is down from its high of $31k in July, but its value is still up from $19k recorded in October of 2022.
Online Casinos That Accept Bitcoin
US casinos operating outside the country currently accept a wide range of digital currencies, with Bitcoin accepted at all the US casino sites we review. As mentioned above, if you like more significant bonus rewards and fast transactions, Bitcoin deposits are the way to go.
Sending and receiving Bitcoin transactions is as easy as copying and pasting in Microsoft Word, but setting up an account and obtaining the currency can be tricky for some people. However, once you jump into digital currency, you will see the benefits and wish you had done it sooner.
The sites we recommend all feature classic casino games like blackjack, baccarat, roulette, slots, video poker, and more. You can even find live dealer casino games at some of our favorite 18+ online casinos. Odds are based on the same odds you find in Las Vegas to make the games just as enjoyable and instill trust in their account holders. To assure that online casinos are fair, the sites we recommend are all licensed by trusted gaming regulators and hold compliance records indicating that their odds and security firewalls are operating effectively and efficiently.
US Gambling Laws Explained
United States gambling laws are simple to understand, and our industry professionals have broken it down to a state-by-state evaluation. Since federal laws do not address online gambling sites outside the US, states are given the power to decide whether their residents can access these sites.
Washington is the only state that has outright banned online gambling from outside sources; however, you can still access many of these sites from within state lines. We advise all our readers to follow both state and federal gambling laws to avoid any legal trouble that could arise. However, suppose you are looking for trusted online US casinos. In that case, we suggest our sites as our staff has thoroughly tested them and they possess all the required verification certificates to earn our approval seal.