The tendency to use crypto payment methods at Australian online casinos keeps growing, and these days, gamblers have the opportunity to opt for the most convenient crypto system according to their needs. It’s no secret that Bitcoin is one of the most popular choices, and right now, we are going to talk about it in more detail, so stay tuned!
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Here are the finest Bitcoin Pokies with the highest return-to-player percentages
Note: many gambling sites offer Free Spins bonuses that you can use for pokies games, plus, those games themselves come with a variety of extra features you can make use of, such as Respins, Free Spins, Bonus Buy, Gamble Game, and more.
Cryptocurrencies can be mined, obtained through a successful investment, or purchased at a crypto exchange. There are quite a few popular ones and an even greater number of coins that may (or may not) grow in price and make you a genius investor and an overnight millionaire
Bitcoin casinos in Australia usually prefer to stick to a few big cryptocurrencies. Let's have a look at several crypto coins worth knowing about.
Bitcoin is the most popular cryptocurrency with the highest market capitalization of around 344 billion US dollars. The way this cryptocurrency was designed, it has a maximum cap of 21 million BTC that can be mined, at which point no more will be available.
The impressive growth of Bitcoin, even despite several crises, encourages to invest in it quite steadily. Its high market price compared to other crypto coins can also be seen as a disadvantage, since investing in BTC to the end of making a significant profit requires significant funds.
Developed by Vitalik Buterin and Gavin Wood, Ethereum was first released in 2015. It is currently second after Bitcoin by market capitalization, at around $163 billion.
Being the native currency of the same-name platform, Ethereum represents the blockchain technology in its second generation, originally aiming to outperform Bitcoin by being a broader-scope programmable platform. It's based on an online platform that creates software for decentralized applications based on smart contracts. Unlike Bitcoin, Ethereum has no maximum emission restrictions.
Dogecoin is an open-source crypto coin originally based on the "doge" meme and riding on the 2013 wave of the crazy popularity of cryptocurrencies. Despite the fact the value of Dogecoin has decreased significantly over the past few months, it remains among the top 20 cryptocurrencies by market capitalization.
DOGE runs on its proprietary blockchain but is generally not regarded as the best store of value on account of being prone to inflation, which has a lot to do with there being no cap on the number of coins that can be mined.
Litecoin is one of the earliest developed altcoins that's quite similar to Bitcoin in its mainchain. Much like BTC, this cryptocurrency has a limited supply - 84 million LTC. Litecoin offers an increased speed of transactions, which gives it an advantage over Bitcoin and some other big cryptocurrencies.
Tether is one of the most popular stablecoins with a value pegged to the US Dollar, which eliminates the volatility factor and is designed to ensure this asset's consistent value.Tether's market capitalization exceeds that of any other stablecoin out there, playing a vital role in the crypto market ecosystem.
USDC is a stablecoin based on Ethereum, whose value is pegged to that of the US dollar. This means two things - this cryptocurrency won't be prone to price fluctuations, and you can store it using any crypto wallet suitable for ether.
USD Coin is associated with the Coinbase crypto exchange and presents a valid way to keep your savings or transfer funds to friends or family.
Bitcoin Cash is a fork of Bitcoin sharing some of its characteristics yet different enough to have its fans. It's essentially a p2p e-cash system steering closer to the original white paper created for Bitcoin.
Just like most other cryptocurrencies used at crypto casinos in Australia, it's open to anyone, secure, pseudonymous, and immutable.
Bitcoin is now one of the most popular and commonly used crypto methods that you can find at most Aussie online casinos. But how did it all start? Bitcoin was the first cryptocurrency ever created. Bitcoin was invented in 2009 by someone going by the name of Satoshi Nakamoto, basing it on the principles of a free market. However, the real identity of Nakamoto has never been established, and so we can only guess who is behind the name. Was it one entrepreneur or a whole team of computer programmers?
The blockchain technology that would form the foundation of the cryptocurrency industry was disclosed in a white paper authored by the enigmatic founder of Bitcoin. A blockchain is basically a digital database of transactions that is shared and copied among a network of computer systems in order to secure data.
When the open-source version of Bitcoin was released in 2009, people started using it as money. In 2021, El Salvador adopted it as legal tender, becoming the very first country to do so. Over time, all these things led us where we are now - people can use this widely accepted cryptocurrency for a variety of purposes, including making deposit and withdrawal transactions at online Bitcoin casinos.
Are you ready for a fun fact? The first-ever real-world Bitcoin transaction took place world on May 22, 2010, which is now known as Bitcoin Pizza Day. Laszlo Hanyecz paid 10,000 BTC for the delivery of 2 Papa John's pizzas. At retail, the pizzas cost roughly $25. The 2 pizzas would have cost more than $689 million in 2024, at the peak of Bitcoin's value. As you can see, people can use cryptocurrencies for a variety of purposes, from ordering pizza to making deposits & withdrawals at online casinos.
People can use widely accepted cryptocurrencies for a variety of purposes, including making deposit and withdrawal transactions at online crypto casino platforms. So, what is a cryptocurrency casino for players? This is a special online spot where you can gamble and try out both new releases and classics. The main advantage is that you can pay for your gambling sessions with cryptocurrencies.
If you are wondering if it is secure, we have the answer for you. All such systems are based on a blockchain, which is basically a digital database of transactions that is shared and copied among a network of computer systems in order to secure data. So, whether you make transactions for daily purchases or gambling, this is where they are stored and protected.
There are quite a few crypto exchanges you could use to purchase your crypto before you get started at the best Bitcoin casino in Australia. These include Binance www.binance.com/en-AU, CoinJar https://www.coinjar.com/au/, Swfytx www.swyftx.com/au/ and many others.
But if you need one right now and want to make sure it's also fully compliant with all applicable regulations (which adds a nice thick layer of security for you), consider eToro, often preferred by Aussie customers.
One of the strongest arguments – it's regulated by the Australia Securities and Investments Commission (and several other respectable bodies in other countries) which gives it credibility. It's also super easy to start with and offers plenty of neat features – such as mirroring the actions of your preferred traders.
Here are the steps that will take you to the first purchase of crypto to use on Bitcoin casino sites
Visit www.etoro.com/au and fill in the registration form. The form will require basic contact information, phone number and email, as well as your full name, DOB, and address.
Customers are asked to complete the platform's KYC procedure by uploading a verification document. You can skip verification, but that will mean limits on your transaction amounts.
eToro offers a few handy options for Aussie customers – with PayPal, credit or debit card, and POLi among them. Please note that your deposit in AUD will be converted to the US dollar amount.
Find Bitcoin on the list of available cryptocurrencies or use the search field. The minimum you can spend is A$15 – so choose your amount in BTC accordingly. Press Open trade to purchase.
Other than that, you are free to look around and possibly make some more trades.
If you want to use Bitcoin as your preferred payment system at online casinos in Australia, there are certain things that you should do. And the very first thing would be to create a Bitcoin account with real money which is not difficult to do.
We know this may seem like a long list of step-by-step instructions but we wanted to make it as detailed as possible for you so that it would be extremely easy for you to open a Bitcoin account and then join any casino accepting it
Open the official website or get the Bitcoin app from your phone’s store.
Press the Sign Up button.
For starters, the system requires you to come up with a username and enter your email address and a password.
Agree to the Terms & Conditions (but read them carefully first).
You will receive a confirmation code - go to your email, copy the code, and fill in the field on the Bitcoin site to verify your email address.
Then you will have to pass verification which requires providing your full name, date of birth, home address and phone number along with photo ID & proof of address.
Once your account is all set up and you pass verification, your wallet will generate your own unique Bitcoin address, and you will receive payments to this very address in the future.
Make sure that all security measures for your wallet are activated, including two-factor authentication, biometric authentication (if applicable), and a recovery phrase backup.
On the website, you can purchase Bitcoin via a number of different payment options, including credit/debit cards, bank transfers, or even other cryptocurrencies.
That's it - once your account has real money in it, you can use this system for casino depositing, withdrawing, and making other purchases.
By the way, you should keep in mind that you can pick a certain wallet type before playing at a casino - you can choose between online, hardware, and software wallets - Ledger Nano S, Electrum, and Coinbase are a few popular choices.
Of course, when using a certain banking method at an online Bitcoin casino, whether it’s the one for crypto or fiat currencies, players want to know more about taxes, fees, and other extra charges which is why we are here to help you! Let’s take closer look at the different types of charges (or their absence) when using Bitcoin as your preferred payment method on an Australian casino platform:
We have already discussed that verification is necessary when creating a Bitcoin account, but we think it is worth going over this topic one more time in more detail. Here are the forms of verification that are necessary for Bitcoin users-to-be and future casino players:
If you are wondering how long Bitcoin account verification takes, we have to say that there is no specific length of time. However, customer support says that most verifications are processed and successfully approved from within just a few minutes to a few hours. In some cases, it may take as long as 2-3 business days, but usually it is much faster than this. Once your account passes verification, you can select a casino and join it.
Every casino journey starts with a few steps: registration, verification, and depositing. So, let’s give you simple yet informative step-by-step instructions on how you can make a deposit at pokies online casinos using Bitcoin as your preferred payment method:
If you get to the point of your casino gambling journey where you have winnings from playing games, then, first of all, congratulations! This means that you can now withdraw your cash! So, here is how you can withdraw your winnings using Bitcoin at online casinos:
Once you decide to withdraw your winnings and make a real money transfer request on the Australian pokies casino’s site, you have to keep in mind that withdrawals take some time. The question is, how long before you get your money? How quickly do they process gamblers’ requests? Well, we have the answer!
Let’s put it this way: no matter which payment method you select, whether it is one supporting fiat currencies or based on cryptocurrencies, processing times can vary from one Bitcoin casino to another, since every single gambling platform has its own terms and rules. So, it is always a good idea to check with the operator directly and see how much time you will need to wait for your cashout.
However, considering our experience and all the research we are continually doing with regard to Australian casinos, we can say that most online casinos guarantee that players get their Bitcoin withdrawals within 24 hours. Some casinos may offer instant withdrawals (they take a couple of minutes) or transfers that take up to 2 or 3 working days.
So, if you are looking for payment methods that would guarantee instant or fast payouts at a casino, you should at least consider using crypto systems, whether you are interested in Bitcoin or any other cryptocurrencies, from Ethereum and Litecoin to Dogecoin and Tether.
Now, we’ll talk about the main bonuses that are widely available at online pokies casinos for players using Bitcoin
some casinos offer both regular fiat-currency deposit welcome bonuses and welcome bonuses specifically for players who select crypto systems, including Bitcoin. While other casino platforms accepting crypto payments have one single deposit bonus offer for all payment methods, including both types of currencies.
a lot of Australian casinos have reload bonuses at players’ disposal that are available for all users after they register and receive their welcome gift. Reload bonuses can be in the form of cash rewards or free games for pokies.
it is a common practice for online casino platforms to offer cashback for the total sum of deposits made during the previous week or month, and players who use Bitcoin are more than welcome to accept this offer.
all players who use crypto systems can have fun at casinos with Bitcoin daily/weekly/monthly promotions which can bring some extra cash or a certain number of free spins that can be spent on pokies games.
if you use Bitcoin or any other crypto system, you have access to all the same VIP Club gifts and benefits as all the other gamblers.
Bitcoin is a crypto method that is widely available at modern Australian casinos online.
Someone (a person or a group of people) named Satoshi Nakamoto invented Bitcoin in January 2009.
Bitcoin is one of the most commonly selected crypto payment systems among players at Australian casinos.
Yes, your personal data is protected and the funds are transferred safely when using it on Aussie sites
Usually, Bitcoin profile verification takes from a few minutes to a few hours but in certain cases, this process may take up to 2-3 business days.
We can point out these high-RTP Bitcoin games: Ugga Bugga, Mega Joker, Indian Dreaming, Jokerizer, 1429 Uncharted Seas, and Fruit Million Xmas.
It depends on the selected pokies casino but usually, payments are commission-free on Bitcoin casino sites.
You will need to create a casino profile, verify it, select BTC as your preferred payment system, enter the amount of cash you want to insert, and press the Deposit button.
