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Bitcoin is an exciting new virtual money system that's very different from the traditional banking and monetary policies you're used to. Any outside currency's value doesn’t determine it as BTC is a currency that stands on its own globally, allowing users to transact worldwide at one rate. For people who embrace technology and alternative methods for international payments, Bitcoin is the perfect solution.
As with all good things, unfortunately, many people are abusing this excellent payment system. We've filtered out all the fly-by-night operations and will help you find the best Philippine online casinos accepting Bitcoin deposits.
Depositing in Bitcoin has lots of advantages, but apart from the anonymity and superb security, you can benefit from great bonuses. Often casinos will offer the biggest bonuses through Bitcoin deposits. We have seen match deposits as high as 1,000 dollars.
Cryptocurrencies are accepted by many casinos, however, European licensed ones generally won’t take crypto because of local laws and regulations. Check accepted payment methods at the selected casino before depositing.
There are numerous wallets available for Bitcoin users. The best step to take here is to go to the official Bitcoin page. You'll find the Philippines’ best operator based on personal information that you'll provide them with.
Once you've completed the Bitcoin wallet registration and invested in BTC, you can select one of the top Bitcoin casinos from our page and register a website’s user profile. When you've registered your new online casino account, you can make a Bitcoin deposit into the crypto casino's account and start playing all your favorite casino games.
Now that you've got your Bitcoin wallet and your preferred Bitcoin casino, you can play and enjoy all the casino games offered.
After trying out all your favorite casino games, you can withdraw your winnings via the same wallet you used for making a deposit. Withdrawals are instant after the mandatory casino waiting period, during which they confirm all winnings and withdrawal amounts.
Bitcoin is a cryptocurrency that is nowadays accepted in many online businesses. Online casinos quickly adopted this preferred payment method of many as transactions are super safe, instant, and hassle-free.
Most Bitcoin casinos are registered in Curacao as the small Caribbean Island approves cryptocurrency transactions as a valid form of payment. For your convenience, we have listed casinos that accept Bitcoin.
There are several reasons why cryptocurrencies are popular in the world of gambling and we have listed the main ones below.
Bitcoin has taken the virtual money world by storm. The more traditional banking systems are scrambling to catch up with the convenience that cryptocurrencies offer. In the meantime, Bitcoin users are enjoying all the added benefits. We take a look at what precisely a Bitcoin casino in the Philippines can provide and how it works.
🔎 Type | Public |
🏭 Industry | Cryptocurrency Software |
📅 Founded | 3 January 2009 |
🏠 Headquarters | Saint Kitts, Saint Kitts and Nevis |
🗺️ Area served | Worldwide |
🤵 Key people (CEO) | Roger Ver |
💳 Products | Bitcoin wallet, Bitcoin sales, mining, blockchain explorer |
💰 Revenue | n/a |
🧑🤝🧑 Number of employees | 54 (January 2018) |
📌 Website | bitcoin.org |
Cryptocurrency is not only Bitcoins. There are several other cryptocurrency platforms and new ones pop up now and then.
Bitcoin was the first cryptocurrency and it started its journey in 2008. The idea of a decentralized, peer-to-peer currency that can be mined gained popularity steadily and its value exploded. Bitcoin cash (BCH) was developed later to cater to larger transactions and block sizes.
Although you can't yet use BTC to pay for your daily shopping at convenience stores, we don't believe it's too far off. In e-commerce, the word Bitcoin is becoming a household name. The main benefits of using an online casino with Bitcoin are its speed, affordability, and anonymity. Bitcoin casinos are gaining popularity every day, and more people are becoming comfortable using cryptocurrencies as a payment method online.
Payment transactions done with Bitcoin at online casinos are fee-free and instant. Bitcoin's value is projected to increase radically in the coming years, and investing in it sooner rather than later is highly advisable. Buying BTC is different from funding a standard e-wallet. It's not a typical currency conversion. BTC has a set daily value globally, and when you open a BTC wallet, you purchase Bitcoins at the set value.
All Bitcoin transactions are instant, apart from the compulsory waiting time for a Bitcoin casino withdrawal. This mandatory waiting period usually is 24 hours and allows the online casino to process your winnings before paying them out of your casino account.
Here is a short tutorial on how to deposit in Bitcoin. It's pretty simple.
Step 1 – Create an account at the casino of your choice, or log in if you already have an account.
Step 2 – Press the ‘Deposit’ button
Step 3 – Find the Cryptocurrencies section and select it.
Step 4 – Enter the amount of the deposit (it can be a recommended amount or your own amount that meets the limits) and select Bitcoin in the list of cryptocurrencies.
Step 5 – Press the ‘Deposit’ button.
Step 6 – A tab will open with a link to go to the wallet, follow the link. Go to the wallet and confirm the transaction.
Step 1 – To withdraw the won money to a Bitcoin account, you need to go to ‘My Account’ and choose the ‘Withdrawal’ menu item.
Step 2 – Select the Cryptocurrencies section.
Step 3 – Enter the amount you want to withdraw, the wallet address and the cryptocurrency type. Press the ‘Withdraw’ button.
As Bitcoin is not a brick-and-mortar institution, pinpointing one specific place to knock on for help is not as straightforward as traditional payment systems. The bitcoin.org website is its official page for information.
It provides a comprehensive FAQ section that addresses all possible questions you may have. It has an active online community that reaches out to each other in terms of giving advice. There's no phone number or email address that you can officially contact with complaints or questions.
Once you've selected a specific e-wallet provider for your Bitcoin transactions, you'll easily be able to make mobile payments to an online casino with Bitcoin.
Bitcoin is here to stay, and if you're still unsure, it's okay to start with a small investment and try out a casino with Bitcoin before investing a large chunk. The payments are 100% safe, secure, and legal. With so many new and exciting Bitcoin casinos starting up, you'll miss out on some excellent bonus opportunities if you don't at least try.
Some of the best online casinos accept Bitcoin as one of the safest payment methods for deposits and withdrawals. It is a cryptocurrency that provides absolute anonymity and is unregulated by political players. When gamblers use the method to deposit or withdraw winnings, the payment operator usually does not charge any transaction fees, except for processing fees demanded by some casinos. Check out our list of recommended Bitcoin casino websites to learn more about min/max deposit, fees, limits, and more.
Engaging gambling solutions are also connected with payments, and the same situation is in the Philippines. That’s why you will be engaged with the Inpay accepted casino solution, which has quite unusual mechanics.
Skrill is one of the biggest e-wallet providers globally and has proven that your safety and security are at the top of their priorities list.
Among payment services in the Philippines, GCash is a convenient method, which is adored by players for fast, safe, and charge-free transactions.
Our team will tell you all you need to know, including what online casinos accept Mastercard, what to expect for deposit and withdrawal times.
Visa is one of the most popular payment methods globally, and it’s no surprise that many casinos now accept it.
Launched in 2010 in India, PayTM has become popular both in its native country and beyond, including the Philippines.
Can I Open A Bitcoin Wallet In The Philippines?
Yes, there are many Bitcoin e-wallet providers available in the Philippines. Once you've registered using only your email address and password, you can start transacting immediately.
Is Bitcoin Legal In The Philippines?
Yes, Bitcoin e-wallets are regulated by the Central Bank, and it's advisable to use providers that are registered with it.
What Is The Minimum And Maximum Deposit At Casinos For Bitcoin?
Bitcoin is one of the cryptocurrencies that have no limits on deposits or withdrawals. You'll have to make sure about the online casino's policies regarding min and max deposits.
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