Best Bitcoin Casinos in New Zealand 2022

According to historical facts, bitcoin was released together with its underlying blockchain technology in 2008 by a computer programmer known as Satoshi Nakamoto. And according to this programmer, Bitcoin refers to an electronic cash system that is fully peer-to-peer. In general, every cryptocurrency, including Bitcoin were programmed by a technology called the blockchain. What is blockchain? It is a shared electronic ledger that creates a decentralized and transparent environment for digital transactions. Thus, what bitcoin is can be simply be seen as a digital currency which can be used for value transactions between people, however, without the bank or any other third parties? Bitcoin is also the most famous among the available cryptocurrencies around. More so, this digital currency has a versatile function, it can be used to purchase food, or book hotels, as well as gamble.

Getting started with bitcoin gambling is easy and simple. The following are the steps you need to follow to get started with bitcoin gambling.

• The first thing is to set up a BTC wallet as well as acquire or buy some Bitcoins
• The next thing to do is to sign up at a Bitcoin casino or a casino that accepts Bitcoin
• Then deposit your cryptocurrency
• You can start gambling

Having pointed that out, there are some other facts you should not miss out on as touching getting started with bitcoin gambling. One of those things to look out for in selecting a safe and secure BTC wallet. This is because your wallet is in fact, your bank. Thus, having an insecure or fraudulent wallet might result in you losing your crypto. Bitcoin wallet and e-wallets are in similitude in the way they operate, the difference is that Bitcoin wallet only holds cryptocurrencies. The likes of online wallets, offline wallets, and hardware wallets are the three types of wallets. Online wallets are the very easiest to use, and the best recommendation for beginners. However, in terms of security, the hardware wallets are the most secure but not easy to use.

1. Anonymity

This is one of the most important things about Bitcoin casinos. These casinos provide anonymity when making transactions with the currency. This is why using BTC remains a top reason for confidence for most online casino players. It exhumes the fact that users do not necessarily need to share any personal details.

2. Decentralization

Decentralization is the most significant aspect of Bitcoin. This is what the blockchain means. It signifies that the system is not controlled by a single entity or institution. In addition to that, the key thing about this feature is that it ensures anonymity and transparency of transactions. To be clear on this, check the below-highlighted points on the benefit of decentralization.

• There is no external interference or control over the blockchain
• It doesn’t require entering card or address details during sign up
• Very low or no transaction fees
• The system is fair

3. Provably Fair

This is one of the special features of Bitcoin casinos. This feature is common to all casinos that are in support of blockchain technology. This feature means that Bitcoin casinos operate 100% fairly through scientific authentication. And as such cannot compromise the fairness of the game. Further to that, one cogent thing is that bets outcomes can as well be verified by players if it is accurate or fair. However, it is important to note that this feature of being provably fair may not be seen in some Bitcoin casinos. That is, not all Bitcoin casinos are provably fair. Thus, to be sure, you can do a check on their website. There is a label that explains this feature, usually seen on the “About us” page.

You shouldn’t be taken aback if you are told that it is very easy to use your Bitcoins to play at top Bitcoin casinos. Let us take you through the process of depositing your funds to start playing at Bitcoin casinos.

Follow these steps carefully.

• The first thing first before you start Bitcoin online casino gambling is to create a wallet. This wallet will enable you to store coins, your Bitcoins.
• The next thing to do is to buy Bitcoin and transfer it to your wallet. You have to ensure that the platform you go through is a trusted platform. Thus, you can get it directly from certain Bitcoin wallets or you go through a friend or exchanges. The likes of Skrill or EasyCrypto are recommended platforms that you can use.
• Log in or sign up at an online Bitcoin casino or casino that accepts Bitcoin as payment. We have a list of recommended Bitcoin casinos that you can choose from.
• Locate the banking section or the banking section of your selected Bitcoin casino. When you locate it, select “Bitcoin” as your preferred option.
• After choosing the cryptocurrency as your preferred option, the operator will give you a unique address. The address comprises lots of letters and numbers. These addresses will be used to transfer your coins.

Finally, make a transfer of the coins by entering your unique address and confirming your transaction. Your account will be funded instantly. And there you go! You can start gambling.

Of course, it is a good question if you are asking if there are any Bitcoin fees charged at Bitcoin casinos. But the answer is that majority of top Bitcoin casinos do not charge any Bitcoin fee either for deposit or withdrawal. However, the charges you may encounter will be when you are trying to purchase or sell your Bitcoin. The reason is not far-fetched. It is because Bitcoin requires computers to mine, as well as confirm transactions. There is a lot of work that goes into all these processes and as such the network offers a form of compensation to those who make all these possible (that is, for their work).

You may want to ask this question. Am I eligible to receive Bitcoin casino bonuses? The answer is yes. Bitcoin online casinos have a reputation of being generous when it comes to customer satisfaction. That is, they offer varieties of bonuses and promotions to their players, either new or existing ones. There are welcome bonuses, no deposit bonuses, and even free spins bonuses at Bitcoin Casinos in New Zealand.

Welcome Bonus: This is the most common type of bonus with Bitcoin casinos. These types of bonuses are given to new members immediately after they register or immediately after their first deposit. The welcome bonus offers are usually the best ones and they often time come with free bonus spins. The only clause may be that their terms can be unfair, and they may not be used on some games.

Free Spins Bonuses: There are Bitcoin casinos free spins. These bonus spins can also be used on some specific games only. Also, these types of bonuses usually come with high wagering requirements, and they make you stand the chance to win real cash.

No Deposit Bonuses: You can also be sure to find many of these kinds of bonuses in top Bitcoin casinos. This is because these top Bitcoin casinos like to spoil their customers with free treats. Bitcoin casinos with no deposit bonus o0ffer have gained popularity in New Zealand. Hence, the reason why they try to keep up with such commitment.

Undoubtedly, if you must gamble, it should only be done at casinos that are legal or licensed to operate, and on top of that, a reputable one. This implies that the same attitude you have towards scrutinizing an online casino should also be used for Bitcoin casinos. Of a truth, using Bitcoin is one of the secured ways of an online gamble. And this is because the system allows you to make transactions anonymously via blockchain. However, you will need to play online casinos with Bitcoin on sites that have been licensed and regulated. Further to that, most reputable Bitcoin casinos use a software called “Provably Fair”. This software ensures that there is no case of cheating at Bitcoin games, either by the players or the casino. Examples of Provably fair games that can be played via blockchain include Crash, pokies, Bitcoin dice, bingo, baccarat, bitcoin roulette, lotteries, treasure hunter, diamonds poker, video poker, coin flip, and Bitcoin live casino. Additionally, your wallet is also a means of security. It impacts the security of personal funds in Bitcoin casinos.

Playing on a Bitcoin casino is safe, and that is because cryptocurrencies are safe payment options just like the traditional method. Unlike the traditional method of having to go to the bank to make transactions that may take days, Bitcoin’s transactions are instantly done. It is just a matter of time before it is the only accepted payment for online casino players. However, the only challenge here is the trust level many has towards this new technology. But that can change with time since more casinos accepting Bitcoin are emerging.