Bitcoin Casinos in the Philippines
Online gambling has become a popular pastime around the planet in recent years, and the Philippines have welcomed the activity with open arms. Among a wide array of choices regarding available gaming sites, Filipinos can pick a casino based on many characteristics, including payment options.
One of the newest payment methods in online casinos is Bitcoin, a digital currency that has taken the iGaming industry by storm. This banking option has made online casino transactions safer, faster, and more convenient in many other ways.
If you still don’t know how Bitcoin casinos work, you’re on the right page. Read this guide to get acquainted with casino sites that accept this digital currency and learn how to get the best of it on your online gaming journey.
Top-Rated Bitcoin Casinos
Finding the right Bitcoin casino that offers the best terms to players from the Philippines can take a lot of time and test your patience. Luckily, you’ve landed on a page that contains shortcuts to the best Filipino-friendly Bitcoin gambling sites. We’ve scoured the web and discovered casino sites that are properly licensed, safe, and offer various games and highly rewarding bonuses.
Deposits
BLACKLISTEDHow to Deposit in Online Casinos Using Bitcoin
If you want to play in Bitcoin online casinos, the first thing you’ll have to do is to obtain some coins. Before you do, you must have a Bitcoin wallet to store all those coins.
Once you have that taken care of, you should pick one of the Bitcoin-friendly online casinos and open an account. After you log in, find the Cashier section and hit the Deposit button. Bitcoin should be listed among the available deposit methods, and after selecting it, enter the desired amount.
The casino will then generate a Bitcoin wallet address to paste into your wallet app and complete the transaction.
Bitcoin Casino Withdrawals
The withdrawal process in Bitcoin casinos is even more straightforward compared to making a deposit. Since you already have a Bitcoin wallet, all you have to do is provide your wallet address to the casino via the cashier section and type in the desired amount.
Although Bitcoin withdrawals can be completed quite fast, bear in mind that the casino must process and approve your withdrawal before sending you the cash. This usually takes up to 48 hours, after which you should receive your coins almost instantly.
Pros of Using Bitcoin in Online Casinos
Using Bitcoin in online casinos has many advantages. For a start, Bitcoin is based on blockchain technology, making it one of the safest payment methods you can use for online gambling. All transactions are encrypted, and the only thing you share with the casino is the wallet address.
This also means that you can remain completely anonymous when playing online casino games with Bitcoin since you don’t have to expose any sensitive data. Also, if a casino supports Bitcoin, you’ll probably be able to use it for both deposits and withdrawals.
Another thing you’ll love about Bitcoin casinos is the ease of use. All payments are completed in a few clicks as you don’t have to type in any particular details except for the wallet address and the transaction amount. You’ll fund your account instantly and receive your winnings almost as fast if you decide to play with this cryptocurrency.
When it comes to fees, the platform itself doesn’t charge anything for completing transactions. Moreover, most Bitcoin casinos usually don’t impose any either, which means that your transactions should be fee-free.
Last but not least, Bitcoin transactions often aren’t limited by casino operators. Apart from a minimum deposit that’s usually more than fair, most Bitcoin online casinos impose no withdrawal cap whatsoever. Therefore, you’ll be able to withdraw more money using Bitcoin than you would with any fiat currency method.
Still, no one says that this cryptocurrency comes without any downsides. Read on to learn more about the Bitcoin disadvantages for online gambling.
Downsides of Bitcoin Casinos
Although Bitcoin has become popular worldwide over the years, it still hasn’t been adopted in too many online casinos. This may be because people still hesitate to use digital currency for online gambling as they don’t know enough about it.
One more disadvantage of Bitcoin is its frequent fluctuation in value. What is more, the changes are so significant that the difference can be measured in thousands of dollars. For instance, one coin was worth $0.08 at one point in 2010, while a decade later, you can get more than $43,000 for a single unit of this cryptocurrency.
Available Games in Bitcoin Casinos
When it comes to the game portfolio, Bitcoin casinos are no different than classic gaming sites. The available games on casino sites that accept cryptocurrencies include all the classics such as slots, table games, video poker, and even live dealer games.
The game library in Bitcoin casinos resembles other gaming sites, featuring partnerships with renowned software providers. This means that you won’t miss the most popular games from famous game developers if you choose to fund your casino account with Bitcoin.
Bitcoin Casino Bonuses
All gambling sites, including Bitcoin casinos, offer numerous bonuses to boost your account and increase your winning potential. However, online gaming hubs that accept Bitcoin usually have special promotions for digital currency users.
If you pick a good casino, you’ll be rewarded for making a Bitcoin deposit and get a chance to take advantage of carefully tailored deals. Furthermore, unlike some payment options like Skrill and Neteller, Bitcoin is seldom excluded from casino bonuses, meaning that you’ll be able to claim other promotions offered on the site.
Bitcoin Mobile Casinos
In addition to all the benefits that Bitcoin casinos offer, players from the Philippines will be happy to hear that all those features are also available on mobile devices. The already easy deposit and withdrawal process can be completed even when you’re not next to your desktop computer, which makes Bitcoin casinos even more tempting.
Final Thoughts
In case you’re still trying to decide whether Bitcoin casinos should be your choice, you can rest assured that the pros of playing in these online gaming venues outweigh the cons by a mile. They are safe, easy to use, and offer exclusive bonuses and promotions for Bitcoin users. Finally, as cryptocurrencies aren’t limited to a particular country or jurisdiction, Bitcoin casinos are slowly becoming a more common choice among players from the Philippines.