Licensed Bitcoin Casinos
Ever since the virtual currency appeared, there are many casinos on the Internet that have been accepting Bitcoin deposits, but it doesn’t mean that they are all legally licensed and safe places to play online casino games. That is why casino fans that wish to play with Bitcoins should carefully choose safe, trustworthy and licensed Bitcoin casino.
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Bitcoin currency allows players to deposit money pretty fast and stay anonymous without giving any sensitive information to the casino. But keep in mind that you might not get your money back if you sign up with an unlicensed Bitcoin casino.
Continue reading to learn more about licensed Bitcoin casinos and the key features they possess. This will save you the time and help you choose a good Bitcoin casino.
There are many licensing jurisdictions that give licenses to online Bitcoin casinos and some of them include Malta, Curacao, Gibraltar, Kahnawake etc. They are quite popular and have licensed and regulated many casinos on the Internet so it is advisable to look for seals from them.
Licensed Online Casinos That Accept Bitcoins
As already mentioned, you need to look for an online casino that holds a full online gaming license and that accepts Bitcoins. The casinos that are legally licensed display their license on their home pages so look for seals from well-known licensing jurisdictions.
Even though more and more Bitcoin casinos are being licensed, there are some that still don’t have legal license to practice online gambling. However, despite the fact that they have a license it doesn’t mean that they are safe place to play at.
Therefore, read on to learn more about the features of licensed Bitcoin online casinos.
Characteristics of Licensed Bitcoin Casinos
Besides online casino gambling license, reputable and trustworthy Bitcoin casinos should also have the following features:
- Top notch security
- Secure banking
- Good reputation
- Available player support
- Excellent software
In most cases, a licensed Bitcoin casino is also secure online casino and to make sure it uses the best security measures read more about it in the About Us section or on the Security page. Generally speaking, licensed Bitcoin casinos use SSL encryption technology to transfer money to and from the casino as well as to protect its players.
Banking is closely related to the security of a casino. Licensed Bitcoin casinos not only allow players to deposit with Bitcoin currency, but some of them also offer other alternative banking options. If you wish to play with Bitcoins only make sure the casino offers safe Bitcoin banking as well as guides you how to make your first deposit.
If a Bitcoin casino has good reputation and is positively reviewed, then the casino is also legally licensed. To find out more about the reputation of particular casino search the name of the casino on the internet and inform yourself about its pros and cons.
Licensed Bitcoin casinos also have good customer support service. They offer a few ways to get in touch with the casino and the most common one is through live chat which is fast and easy and players get the answered they seek within a couple of minutes.
Licensed online casinos also use legal software platform to power their games. Playtech, Aristocrat Gaming and Betsoft are some of the software providers that run licensed Bitcoin casinos, but some casinos also use their own proprietary software. Still there are casinos that use Provably Fair technology which is a good proof that the games are fair and random.
Playing casino games on the internet with Bitcoins might be risky if you don’t choose a regulated and licensed Bitcoin casino. Therefore, if you wish to play with Bitcoins, first and foremost, learn how this currency works and how you can use it to make online casino Bitcoin deposits.
Once you understand Bitcoins, sign up with a licensed Bitcoin casino. If you have a particular casino in mind, check whether it has legal license displayed on the website, or consider our recommendations on this page. Also, if you are looking to sign up with a licensed Bitcoin casino, consider the above mentioned criteria and make your choice.